National Transport Commission

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

 Retained
earnings

$'000
Asset
revaluation
reserve
$'000
Total
equity

$'000
Opening balance as at 1 July 2016  
Balance carried forward from previous period 1,511 119 1,630
Adjusted opening balance 1,511 119 1,630
Comprehensive income  
Surplus / (deficit) for the period - - -
Total comprehensive income - - -
Estimated closing balance as at 30 June 2017 1,511 119 1,630
Closing balance attributable to the Australian Government 1,511 119 1,630

Prepared on Australian Accounting Standards basis.

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