Department of Infrastructure, Transport, Regional Development and Communications

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 140,733 40,678 (16,547) 164,864
Adjusted opening balance 140,733 40,678 (16,547) 164,864
Comprehensive income
Surplus/(deficit) for the period (15,879) - - (15,879)
Total comprehensive income (15,879) - - (15,879)
of which:
Attributable to the Australian Government (15,879) - - (15,879)
Transactions with owners
Departmental Capital Budget (DCBs) - - 6,243 6,243
Other (104) - - (104)
Sub-total transactions with owners (104) - 6,243 6,139
Estimated closing balance as at 30 June 2020 124,750 40,678 (10,304) 155,124
Closing balance attributable to the Australian Government 124,750 40,678 (10,304) 155,124

Prepared on Australian Accounting Standards basis.

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