Department of Infrastructure, Regional Development and Cities

Table 3.3: Departmental statement of changes in equity—summary of movement (Budget year 2019–20)

Retained
earnings

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

$'000
Opening balance as at 1 July 2019
Balance carried forward from previous period 176,138 33,563 (89,396) 120,305
Adjusted opening balance 176,138 33,563 (89,396) 120,305
Comprehensive income
Surplus / (deficit) for the period (9,363) - - (9,363)
Total comprehensive income (9,363) - - (9,363)
of which:
Attributable to the Australian Government (9,363) - - (9,363)
Transactions with owners
Contribution by owners
Departmental Capital Budget (DCBs) - - 3,810 3,810
Sub-total transactions with owners - - 3,810 3,810
Estimated closing balance as at 30 June 2020 166,775 33,563 (85,586) 114,752
Closing balance attributable to the Australian Government 166,775 33,563 (85,586) 114,752

Prepared on Australian Accounting Standards basis.

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