Statement of changes in equity
as at 30 June 2022
|
2022
$’000 |
2021
$’000 |
Original
Budget
$’000 |
| CONTRIBUTED EQUITY |
| Opening balance |
| Balance carried forward from previous period |
2,603 |
2,915 |
2,604 |
| Transactions with owners |
| Contribution by owners |
| Equity injections – appropriation (DCB) |
200 |
401 |
200 |
| Non-reciprocal transfer – assets |
(101) |
(713) |
- |
| Total transactions with owners |
99 |
(312) |
200 |
| Closing balance as at 30 June |
2,702 |
2,603 |
2,804 |
| RETAINED EARNINGS |
| Opening balance |
| Balance carried forward from previous period |
(5,311) |
(6,663) |
(6,839) |
| Comprehensive income |
| Surplus / (Deficit) for the period |
1,487 |
1,352 |
(179) |
| Total comprehensive income |
1,487 |
1,352 |
(179) |
| Closing balance as at 30 June |
(3,824) |
(5,311) |
(7,018) |
| ASSET REVALUATION RESERVE |
| Opening balance |
| Balance carried forward from previous period |
11,495 |
11,347 |
11,347 |
| Comprehensive income |
| Other comprehensive income |
- |
148 |
- |
| Total comprehensive income |
- |
148 |
- |
| Closing balance as at 30 June |
11,495 |
11,495 |
11,347 |
| TOTAL EQUITY |
| Opening balance |
| Balance carried forward from previous period |
8,787 |
7,599 |
7,112 |
| Comprehensive income |
| Surplus / (Deficit) for the period |
1,487 |
1,352 |
(179) |
| Other comprehensive income |
- |
148 |
- |
| Total comprehensive income |
1,487 |
1,500 |
(179) |
| Transactions with owners |
| Contribution by owners |
| Equity injections – appropriation (DCB) |
200 |
401 |
200 |
| Non-reciprocal transfer – assets |
(101) |
(713) |
- |
| Closing balance as at 30 June |
10,373 |
8,787 |
7,133 |
The above statement should be read in conjunction with the accompanying notes.
Original budget figures are those published in the department’s 2021–22 Portfolio Budget Statements.
Amounts appropriated which are designated as equity injections for a year (less any formal reductions) and Departmental Capital Budgets (DCB) are recognised directly in contributed equity in that year.