Statement of Changes in Equity

    Note* Contributed
equity
$000
Reserves
$000
Accumulated surplus/(deficit)
$000
Total
equity
$000
Contributed equity          

Balance at 1 July 2017

  342,241 10,748 11,789 364,778

Effect of change in accounting policy

  (67,296) - (53,568) (120,864)
Balance at 1 July 2017 (restated) 9.11 274,945 10,748 (41,779) 243,914
 
Net result after income tax for the year   - - 23,152 23,152

Other comprehensive income for the year, net of income tax

  - (173) 4 (169)

Total comprehensive income for the year

  - (173) 23,156 22,983

Transactions with owners in their capacity as owners:

         

Dividends paid

  - - (3,617) (3,617)

State contribution (repayment)

  1,300 - - 1,300

Balance at 30 June 2018 (restated)

9.6 276,245 10,575 (22,240) 264,580
           

Balance at 1 July 2018 (restated)

  276,245 10,575 (22,240) 264,580

Net result after income tax for the year

  - - 1,365 1,365

Other comprehensive income for the year, net of income tax

  - (248) (10) (258)

Total comprehensive income for the year

  - (248) 1,355 1,107

Transactions with owners in their capacity as owners:

         

Dividends paid

  - - (1,044) (1,044)

Balance at 30 June 2019

9.6 276,245 10,327 (21,929) 264,643

For the year ended 30 June 2019. The 'Statement of Changes in Equity' should be read in conjunction with the accompanying notes.