PART 6—APPENDICES 112 | COMMONWEALTH OMBUDSMAN ANNUAL REPORT | 20<strong>15–16</strong>
OFFICE OF THE COMMONWEALTH OMBUDSMAN STATEMENT OF CHANGES IN EQUITY for the period ended 30 June 2016 2016 2015 Original Budget Notes $'000 $'000 $'000 CONTRIBUTED EQUITY Opening Balance Balance carried forward from previous period 5,602 4,867 5,627 Opening Balance 5,602 4,867 5,627 PART 6—APPENDICES Comprehensive income Transactions with owners Distributions to owners Reduction to appropriation - (25) - Contributions by owners Departmental capital budget 1,181 760 1,181 Restructuring 12 830 - 1,223 Total transactions with owners 2,011 735 2,404 Transfers between equity components - - - Closing Balance as at 30 June 7,613 5,602 8,031 RETAINED EARNINGS Opening Balance Balance carried forward from previous period (1,959) (1,260) (1,941) Opening Balance (1,959) (1,260) (1,941) Comprehensive income Surplus/(Deficit) for the period (973) (699) (788) Total comprehensive income (973) (699) (788) Transactions with owners Contributions by owners Restructuring - - (528) Total transactions with owners - - (528) Closing Balance as at 30 June (2,932) (1,959) (3,257) ASSET REVALUATION RESERVE Opening Balance Balance carried forward from previous period 1,112 1,112 1,113 Opening Balance 1,112 1,112 1,113 Comprehensive income Other comprehensive income 31 - - Total comprehensive income 31 - - Transactions with owners Contributions by owners Restructuring - - 100 Total transactions with owners - - 100 Closing Balance as at 30 June 1,143 1,112 1,213 TOTAL EQUITY Opening Balance 4,755 4,719 4,799 Balance carried forward from previous period 4,755 4,719 4,799 Adjusted Opening Balance 4,755 4,719 4,799 Comprehensive income Surplus/(Deficit) for the period (973) (699) (788) Other comprehensive income 31 - Total comprehensive income (942) (699) (788) Transactions with owners Distributions to owners Reduction to appropriation - (25) - Contributions by owners Departmental capital budget 1,181 760 1,181 Restructuring 12 830 - 795 Total transactions with owners 2,011 735 1,976 Closing balance as at 30 June 5,824 4,755 5,987 The above statement should be read in conjunction with the accompanying notes. 20<strong>15–16</strong> | COMMONWEALTH OMBUDSMAN ANNUAL REPORT | 113