Infrastructure and Project Financing Agency

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

Retained
earnings

$'000
Contributed
equity/
capital
$'000
Total
equity

$'000
Opening balance as at 1 July 2019
Balance carried forward from previous period (21) 105 84
Adjusted opening balance (21) 105 84
Comprehensive income
Surplus/(deficit) for the period (61) - (61)
Total comprehensive income (61) - (61)
of which:
Attributable to the Australian Government (61) - (61)
Estimated closing balance as at 30 June 2020 (82) 105 23
Closing balance attributable to the Australian Government (82) 105 23

Prepared on Australian Accounting Standards basis.

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