Civil Aviation Safety Authority

Table 3.4: 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 51,162 7,994 3,295 62,451
Adjustments for changes in accounting policies 428 - - 428
Adjusted opening balance 51,590 7,994 3,295 62,879
Comprehensive income
Surplus/(deficit) for the period (3,432) - - (3,432)
Total comprehensive income (3,432) - - (3,432)
of which:
Attributable to the Australian Government (3,432) - - (3,432)
Estimated closing balance as at 30 June 2020 48,158 7,994 3,295 59,447
Closing balance attributable to the Australian Government 48,158 7,994 3,295 59,447

Prepared on Australian Accounting Standards basis.

Back