Statement of changes in equity

FOR THE YEAR ENDED 30 JUNE 2010

  Contributed
capital
Asset
revaluation
reserve
Retained
earnings
Total equity
  $’000 $’000 $’000 $’000
Balance as at 1 July 2009 275,847 498 70,160 346,505
Profit for the year - - 31,220 31,220
Other comprehensive income        
    Superannuation actuarial losses on defined benefit plans - - (1,521) (1,521)
    Income tax relating to components of other comprehensive income - - 456 456

Total other comprehensive income - - (1,065) (1,065)

Total comprehensive income for the year - - 30,155 30,155

Transactions with owners in their capacity as owners        
   Dividends to NSW Treasury - - (51,792) (51,792)

Balance as at 30 June 2010 275,847 498 48,523 324,868

 

  Contributed
capital
Asset
revaluation
reserve
Retained
earnings
Total equity
  $’000 $’000 $’000 $’000
Balance as at 1 July 2008 275,847 702 83,252 359,801
Profit for the year - - 33,213 33,213
Other comprehensive income        
   Other - - 11 11
   Net decrease on revaluation of property, plant and equipment - (204) 204 -
   Superannuation actuarial losses on defined benefit plans - - (5,154) (5,154)
   Income tax relating to components of other comprehensive income - - 1,546 1,546

Total other comprehensive income - (204) (3,393) (3,597)

Total comprehensive income for the year - (204) 29,820 29,616
Transactions with owners in their capacity as owners        

   Dividends to NSW Treasury - - (42,912) (42,912)

Balance as at 30 June 2009 275,847 498 70,160 346,505

The above Statement of Recognised Income and Expense is to be read in conjunction with the attached notes to the financial statements.