Annual Report 2013–14

Financial statements

Statement of changes in equity

Statement of changes in equity for the period ended 30 June 2014
  Retained earnings Asset
revaluation
Surplus
Contributed
equity/capital
Total equity
2014
$’000
2013
$’000
2014
$’000
2013
$’000
2014
$’000
2013
$’000
2014
$’000
2013
$’000
Opening balance                
Balance carried forward from previous period (18 033) (15 898) 13 629 11 641 28 117 17 218 23 713 12 961
Adjusted opening balance (18 033) (15 898) 13 629 11 641 28 117 17 218 23 713 12 961
Comprehensive income                
Other comprehensive income 5 323 1 988 5 323 1 988
Deficit for the period 11 047 (2 135) 11 047 (2 135)
Total comprehensive income 11 047 (2 135) 5 323 1 988 16 370 (147)
Transactions with owners                
Distributions to owners                
Returns of capital                
Statute Stocktake (Appropriations) Act 2013 (400) (400)
Contributions by owners                
Equity injection – Appropriations 3 992 270 3 992 270
Departmental capital budget 4 181 10 629 4 181 10 629
Sub-total transactions with owners 7 773 10 899 7 773 10 899
Closing balance as at 30 June (6 986) (18 033) 18 952 13 629 35 890 28 117 47 856 23 713

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