Statement of changes in equity

Department of the Senate

Statement of changes in equity

for the period ended 30 June 2015

  Retained earnings Asset revaluation surplus Contributed equity Total equity
  2015
$'000
2014
$'000
2015
$'000
2014
$'000
2015
$'000
2014
$'000
2015
$'000
2014
$'000
Opening balance
Balance carried forward from previous period (1,540) (2,941) 11,038 11,038 1,448 2,282 10,946 10,379
Adjusted opening balance (1,540) (2,941) 11,038 11,038 1,448 2,282 10,946 10,379
Comprehensive income
Surplus(Deficit) for the period (1,210) 1,401         (1,210) 1,401
Other comprehensive income - - 350 - - - 350 -
Total comprehensive income (1,210) 1,401 350 - - - (860) 1,401
Transactions with owners                
Distribution to owners
Restructuring - - - - - (1,492) - (1,492)
Contribution by owners
Equity injections – appropriation - - - - 370 658 370 658
Total transaction with owners - - - - 370 (834) 370 (834)
Transfers between equity components
Closing balance as at 30 June 2015 (2,750) (1,540) 11,388 11,038 1,818 1,448 10,456 10,946
Closing balance attributable to the Commonwealth (2,750) (1,540) 11,388 11,038 1,818 1,448 10,456 10,946

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