Statement of changes in equity

for the period ended 30 June 2014.

 

Retained Earnings

Asset Revaluation surplus

Contributed equity/capital

Total Equity

 

2014
$

2013
$

2014
$

2013
$

2014
$

2013
$

2014
$

2013
$

Opening balance

        

Balance carried forward from previous period

129,991

113,377

126,998

131,717

126,000

70,000

382,989

315,094

Adjusted opening balance

129,991

113,377

126,998

131,717

126,000

70,000

382,989

315,094

         

Comprehensive income

        

Other comprehensive income

(4,719)

(4,719)

Surplus for the period

4,331

16,614

4,331

16,614

Total comprehensive income

4,331

16,614

(4,719)

4,331

11,895

         

Transactions with owners

        

Contributions by owners

        

Departmental capital budget

57,000

56,000

57,000

56,000

Sub-total transactions with owners

57,000

56,000

57,000

56,000

Closing balance as at 30 June

134,322

129,991

126,998

126,998

183,000

126,000

444,320

382,989

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