for the period 1 June 2012 to 30 June 2012

 

RETAINED EARNINGS

CONTRIBUTED EQUITY/CAPITAL

TOTAL EQUITY

 

2012

2011

2012

2011

2012

2011

 

$'000

$'000

$'000

$'000

$'000

$'000

Opening balance

 

 

 

 

 

 

    Balance carried forward from previous periods

–

–

–

–

–

–

Comprehensive income

 

 

 

 

 

 

    Surplus for the period

40,519

–

 

 

40,519

–

Total comprehensive income

40,519

–

–

–

40,519

–

Transactions with owners

 

 

 

 

 

 

Contributions by owners

 

 

 

 

 

 

    Departmental capital budget

–

–

–

–

–

–

    Restructuring

38,981

–

3,942

–

42,923

–

    Other*

(43,816)

–

–

–

(43,816)

–

Sub-total transactions with owners

(4,835)

–

3,942

–

(893)

–

Closing balance as at 30 June

35,684

–

3,942

–

39,626

–

The above statement should be read in conjunction with the accompanying notes.

* s32 transfer of departmental Appropriation on transition from ABCC to FWBII by total of $43,816,060.97 as follows:

1 Financial Management and Accountability Act 1997 Determination 2012/17 $42,052,000.00; and

2 Financial Management and Accountability Act 1997 Determination 2012/22 $1,764,060.97.