2006-2007 Annual Report - Disability Services Commission

4.1 Financial Statements
Disability Services Commission
Statement of Changes in Equity
For the year ended 30 June 2007
Note
2007
$000
2006
$000
Balance of equity at start of period 30,860 23,049
CONTRIBUTED EQUITY
Balance at start of period 25 15,883 11,704
Capital Contribution 811 4,179
Distributions to owners (7,785) -
Balance at end of period 8,909 15,883
RESERVES
Asset Revaluation Reserve
Balance at start of period 25 44,851 40,046
Gains/(losses) from asset revaluation 10,209 4,805
Balance at end of period 55,060 44,851
ACCUMULATED SURPLUS
(RETAINED EARNINGS)
Balance at start of period 25 (29,874) (28,701)
Surplus/(deficit) for the period 2,767 (1,173)
Balance at end of period (27,107) (29,874)
Balance of equity at end of period 36,862 30,860
30 860
Total income and expense for the period (a) 12,976 3,632
(a) The aggregate net amount attributable to each category is surplus $2,767 plus gains from asset
revaluation $10,209 (2006: deficit $1,173 plus gains from asset revaluation $4,805.)
The Statement of changes in Equity should be read in conjunction with the accompanying notes.
Disability Services Commission Annual Report 2006–2007 87