Statement of changes in equity

for the period ended 30 June 2011

	Retained earnings		Asset revaluation		Contributed		Total equity
	Retained earnings		reserve		equity/capital		Total equity
	2011	2010	2011	2010	2011	2010	2011	2010
	$'000	$'000	$'000	$'000	$'000	$'000	$'000	$'000
Opening balance
Balance carried forward from previous period	627,718	543,082	417,669	496,375	1,582,867	1,529,788	2,628,254	2,569,245
Adjustment for errors	-	-	-	-	-	-	-	-
Adjustment for changes in accounting policies	-	-	-	-	-	-	-	-
Adjusted opening balance	627,718	543,082	417,669	496,375	1,582,867	1,529,788	2,628,254	2,569,245

Comprehensive income
Other comprehensive income	-	-	-	-	-	-	-	-
Revaluation Adjustment			(90,329)	(78,706)			(90,329)	(78,706)
Surplus (Deficit) for the period	29,910	89,603					29,910	89,603
Total comprehensive income	29,910	89,603	(90,329)	(78,706)	-	-	(60,419)	10,897
of which:
Attributable to the Australian Government	29,910	89,603	(90,329)	(78,706)	-	-	(60,419)	10,897

Transactions with owners
Distributions to owners
Returns on capital:
Dividends	-	(986)	-	-	-	-	-	(986)
Returns of capital:
Restructuring	-	-	-	-	-	-	-	-
Other	(11,084)	(3,981)	-	-	(13,716)	(5,927)	(24,800)	(9,908)
Contributions by owners
Equity injection - Appropriations	-	-	-	-	72,406	59,006	72,406	59,006
Departmental capital budget	-	-	-	-	57,681	-	57,681	-
Sub-total transactions with owners	(11,084)	(4,967)	-	-	116,371	53,079	105,287	48,112
Transfers between equity components	-	-	-	-	-	-	-	-
Closing balance attributable to the Australian Government	646,544	627,718	327,340	417,669	1,699,238	1,582,867	2,673,122	2,628,254

The above statement should be read in conjunction with the accompanying notes.