Statement in Changes in Equity
ROYAL AUSTRALIAN AIR FORCE WELFARE TRUST FUND
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2020
Notes | 2020 $ | 2019 $ | |
RETAINED EARNINGS | |||
Opening balance | |||
Balance carried forward from previous period | 11,451,005 | 11,211,439 | |
Adjusted opening balance | 11,451,005 | 11,211,439 | |
Comprehensive income | |||
Surplus | 251,321 | 239,566 | |
Total comprehensive income | 251,321 | 239,566 | |
Closing balance as at 30 June | 11,702,326 | 11,451,005 |
The above statement should be read in conjunction with the accompanying notes.
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https://www.transparency.gov.au/annual-reports/royal-australian-air-force-welfare-trust-fund/reporting-year/2019-20-48