for the period ended 30 June 2013

 

RETAINED EARNINGS

CONTRIBUTED EQUITY/CAPITAL

TOTAL EQUITY

 

2013

2012

2013

2012

2013

2012

 

$'000

$'000

$'000

$'000

$'000

$'000

Opening balance

 

 

 

 

 

 

    Balance carried forward from previous periods

35,684

–

3,942

–

39,626

–

Comprehensive income

 

 

 

 

 

 

    Surplus for the period

47

40,519

 

 

47

40,519

Total comprehensive income

47

40,519

–

–

47

40,519

Transactions with owners

 

 

 

 

 

 

Contributions by owners

 

 

 

 

 

 

    Departmental capital budget

–

–

676

–

676

–

    Restructuring

–

38,981

–

3,942

–

42,923

    Other*

–

(43,816)

–

–

–

(43,816)

Sub-total transactions with owners

–

(4,835)

676

3,942

676

(893)

Closing balance as at 30 June

35,731

35,684

4,618

3,942

40,349

39,626

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

* Section 32 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.