2011 Annual Report - National Transport Commission
2011 Annual Report - National Transport Commission
2011 Annual Report - National Transport Commission
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<strong>National</strong> transport <strong>Commission</strong><br />
Statement of changes in equity<br />
for the period ended 30 June <strong>2011</strong><br />
Opening balance<br />
Asset revaluation<br />
Retained earnings Reserve Total equity<br />
<strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010<br />
$ $ $ $ $ $<br />
Balance carried forward from<br />
previous period<br />
4,966,660 3,774,884 119,607 24,164 5,086,267 3,799,048<br />
Surplus/(deficit) for the period (2,944,580) 1,191,776 - 95,443 (2,944,580) 1,287,219<br />
Closing balance 2,022,080 4,966,660 119,607 119,607 2,141,687 5,086,267<br />
The above statement should be read in conjunction with the accompanying notes.<br />
NTC <strong>Annual</strong> <strong>Report</strong> 2010–11 55