Department of Infrastructure, Regional Development and Cities

Table 3.4: 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 185,138 33,772 (104,768) 114,142
Adjusted opening balance 185,138 33,772 (104,768) 114,142
Comprehensive income
Surplus/(deficit) for the period (8,570) - - (8,570)
Total comprehensive income (8,570) - - (8,570)
of which:
Attributable to the Australian Government (8,570) - - (8,570)
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 176,568 33,772 (89,958) 120,382
Closing balance attributable to the Australian Government 176,568 33,772 (89,958) 120,382

Prepared on Australian Accounting Standards basis.

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