Statement of Changes in Equity

for the period ended 30 June 2013

 

Retained Earnings

Asset Revaluation Reserve

Contributed equity/capital

Total Equity

 

2013
$

2012
$

2013
$

2012
$

2013
$

2012
$

2013
$

2012
$

Opening balance

               

Balance carried forward from previous period

113,377

(69,807)

131,717

135,427

70,000

315,094

65,620

Adjusted opening balance

113,377

(69,807)

131,717

135,427

70,000

315,094

65,620

Comprehensive income

               

Other comprehensive deficit

(4,719)

(3,710)

(4,719)

(3,710)

Surplus for the period

16,614

183,185

16,614

183,185

Total comprehensive income

16,614

183,185

(4,719)

(3,710)

11,895

179,475

Transactions with owners

               

Contributions by owners

               

Departmental capital budget

56,000

70,000

56,000

70,000

Sub-total transactions with owners

56,000

70,000

56,000

70,000

Closing balance as at 30 June

129,991

113,378

126,998

131,717

126,000

70,000

382,989

315,095

The above statement should be read in conjunction with the accompanying notes