Department of Infrastructure and Regional Development

Table 3.3: Departmental statement of changes in equity—summary of movement (Budget year 2016–17)

 Retained
earnings

$'000
Asset
revaluation
reserve
$'000
Contributed
equity/
capital
$'000
Total
equity

$'000
Opening balance as at 1 July 2016  
Balance carried forward from previous period 168,138 19,575 (116,267) 71,446
Adjusted opening balance 168,138 19,575 (116,267) 71,446
Comprehensive income  
Surplus / (deficit) for the period (12,050) - - (12,050)
Total comprehensive income (12,050) - - (12,050)
of which:  
Attributable to the Australian Government (12,050) - - (12,050)
Transactions with owners  
Contribution by owners  
Departmental Capital Budget (DCBs) - - 11,491 11,491
Sub-total transactions with owners - - 11,491 11,491
Estimated closing balance as at 30 June 2017 156,088 19,575 (104,776) 70,887
Closing balance attributable to the Australian Government 156,088 19,575 (104,776) 70,887

Prepared on Australian Accounting Standards basis.

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