Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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76<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
STATEMENT OF CHANGES IN EQUITY<br />
for the period ended 30 June 2011<br />
SRDC Annual Report 2010–2011<br />
Retained earnings<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Asset revaluation<br />
reserve Total equity<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Opening balance<br />
Balance carried forward<br />
from previous period<br />
11,108 10,447 – 2 11,108 10,449<br />
Adjustment for errors – 2 – (2) – –<br />
Adjusted opening balance<br />
Comprehensive income<br />
11,108 10,449 – – 11,108 10,449<br />
Surplus for the period 165 659 – – 165 659<br />
Total comprehensive income 165 659 – – 165 659<br />
Closing balance as at 30 June 11,273 11,108 – – 11,273 11,108<br />
The above statement should be read in conjunction with the accompanying notes.