Consolidated statement of changes in equity
For the period ended 30 June 2019
$million |
Issued capital |
Hedging reserve |
Retained earnings |
Total attributable to the owners of Snowy Hydro Limited |
---|---|---|---|---|
Balance as at 30 June 2018 - restated* |
816.1 |
(13.4) |
1,217.5 |
2,020.2 |
Adoption of AASB 9 |
- |
- |
(1.4) |
(1.4) |
Opening balance as at 1 July 2018 |
816.1 |
(13.4) |
1,216.1 |
2,018.8 |
Profit for the period |
- |
- |
332.2 |
332.2 |
Other comprehensive income/(loss) for the period, net of tax |
- |
(83.8) |
(1.8) |
(85.6) |
Dividends paid |
- |
- |
(238.5) |
(238.5) |
Balance as at 30 June 2019 |
816.1 |
(97.2) |
1,308.0 |
2,026.9 |
Balance as at 2 July 2017, as previously reported |
816.1 |
(20.6) |
1,303.8 |
2,099.3 |
Change in accounting policy for Environmental Certificates |
- |
- |
(92.4) |
(92.4) |
Balance as at 2 July 2017 - restated* |
816.1 |
(20.6) |
1,211.4 |
2,006.9 |
Profit for the period - restated |
- |
- |
267.5 |
267.5 |
Other comprehensive income/(loss) for the period, net of tax |
- |
7.2 |
3.6 |
10.8 |
Dividends paid |
- |
- |
(265.0) |
(265.0) |
Balance as at 30 June 2018 - restated* |
816.1 |
(13.4) |
1,217.5 |
2,020.2 |
*The prior period financial information has been restated, as described in Note 2 of the Financial Statements.
The consolidated statement of changes in equity should be read in conjunction with the notes to the consolidated financial statements.
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https://www.transparency.gov.au/annual-reports/snowy-hydro-limited/reporting-year/2018-2019-45