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Statement of Changes in Equity

For the year ended 30 June 2019

Accumulated losses
$000

Contributed equity
$000

Total equity $000

Balance at 1 July 2018

(279,967)

275,730

(4,237)

Loss for the year

(251,991)

-

(251,991)

Other comprehensive loss

-

-

-

Total comprehensive loss

(246,837)

-

(251,991)

Transactions with owners of the Company:

Contributions of equity

-

318,307

318,307

Total transactions with owners

-

318,307

318,307

Balance at 30 June 2019

(531,958)

594,037

62,079

For the period from 7 August 2017 to 30 June 2018

Accumulated losses
$000

Contributed equity
$000

Total equity $000

Loss for the period

(279,967)

-

(279,967)

Other comprehensive loss

-

-

-

Total comprehensive loss

(279,967)

-

(279,967)

Transactions with owners of the Company:

Contributions of equity

-

275,730

275,730

Total transactions with owners

-

275,730

275,730

Balance at 30 June 2018

(279,967)

275,730

(4,237)

The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.