Department of Infrastructure and Regional Development

Table 3.3: Departmental statement of changes in equity—summary of movement (Budget year 2017–18)

 Retained
earnings

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

$'000
Opening balance as at 1 July 2017  
Balance carried forward from previous period 179,507 34,972 (108,511) 105,968
Adjusted opening balance 179,507 34,972 (108,511) 105,968
Comprehensive income  
Surplus / (deficit) for the period (10,049) - - (10,049)
Total comprehensive income (10,049) - - (10,049)
of which:  
Attributable to the Australian Government (10,049) - - (10,049)
Transactions with owners  
Contribution by owners  
Departmental Capital Budget (DCBs) - - 14,810 14,810
Sub-total transactions with owners - - 14,810 14,810
Estimated closing balance as at 30 June 2018 169,458 34,972 (93,701) 110,729
Closing balance attributable to the Australian Government 169,458 34,972 (93,701) 110,729

Prepared on Australian Accounting Standards basis.

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