National Transport Commission

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

    Retained
earnings

$'000
Asset
revaluation
reserve
$'000
Total
equity
 
$'000
Opening balance as at 1 July 2017  
Balance carried forward from previous period 1,513 119 1,632
Adjusted opening balance 1,513 119 1,632
Comprehensive income  
Surplus/(deficit) for the period - - -
Total comprehensive income - - -
Estimated closing balance as at 30 June 2018 1,513 119 1,632
Closing balance attributable to the Australian Government 1,513 119 1,632

Prepared on Australian Accounting Standards basis.

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