Australian Government: Grains Research and Development CororationGRDC Annual Report 2006-2007

HomeFinancial Statements › Statement of changes in equity

Statement of changes in equity

for the year ended 30 June 2007

  Accumulated Results Asset Revaluation Reserve Contracted Research Reserve Capital Commitment Reserve TOTAL EQUITY
  2007 2006 2007 2006 2007 2006 2007 2006 2007 2006
  $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Opening Balance 957 12,158 1,512 1,512 76,813 74,063 3,133 6,266 82,415 93,999
Adjustment for errors - - - - - - - - - -
Adjustment for changes in Accounting policies - - - - - - - - - -
Adjusted Opening Balance 957 12,158 1,512 1,512 76,813 74,063 3,133 6,266 82,415 93,999
Income and Expense
Net Revaluation increment/(decrement) (note 7B)
- - 1,320 - - - - - 1,320 -
Subtotal income and expenses recognised directly in equity - - 1,320 - - - - - 1,320 -
Surplus/(Deficit) for the period (18,461) (11,584) - - - - - - (18,461) (11,584)
Total income and expenses (18,461) (11,584) 1,320 - - - - - (18,461) (11,584)
Transfer between equity components 25,008 383 - - (22,896) 2,750 (2,112) (3,133) - -
Closing Balance 30 June 7,504 957 2,832 1,512 53,917 76,813 1,021 3,133 65,274 82,415
The Statement of Changes in Equity is to be read in conjunction with the notes to and forming part of the financial statements.

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