Financial Statements

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

Note 9: Equity

Item

Accumulated Results

$’000

Asset Revaluation Reserve

$’000

Contributed Equity

$’000

TOTAL EQUITY

$’000

 

2002

2001

2002

2001

2002

2002

2002

2001

 

$’000

$’000

$’000

$’000

$’000

$’000

$’000

$’000

Balance as at 1 July

1,412,032

1,365,015

251,209

108,219

2,060

1,030

1,665,301

1,474,264

Operating Result

163,867

224,343

-

-

-

-

163,867

224,343

Net revaluations

increases/(Decreases)

-

-

2,092

142,990

-

-

2,092

142,990

Transfers to/(from)

Reserves

-

-

-

-

-

-

-

-

Equity Appropriation Capital

-

-

-

-

1,030

1,030

1,030

1,030

Capital Use Charge (CUC)

(162,570)

(177,326)

-

-

-

-

(162,570)

(177,326)

Contribution of equity: appropriation

-

-

-

-

 

-

-

-

Balance as at 30 June

1,413,329

1,412,032

253,301

251,209

3,090

2,060

1,669,720

1,665,301

Less: outside equity interests

-

-

-

-

-

-

-

-

Total equity attributable to the Commonwealth

1,413,329

1,412,032

253,301

251,209

3,090

2,060

1,669,720

1,665,301