STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2016
Asset
Contributed
Retained
revaluation
equity
earnings
reserve
Total
2016
Note
$’000
$’000
$’000
$’000
Balance at 1 July 2015
477,297
199,510
842,365
1,519,172
Net profit after tax
-
56,569
-
56,569
Other comprehensive income after tax
19, 20
-
(1,608)
14,582
12,974
Total comprehensive income
-
54,961
14,582
69,543
Transactions with owners in their capacity as owners
Capital repatriation
18
(8,600)
-
-
(8,600)
Dividends Paid
7
-
(24,300)
-
(24,300)
Balance at 30 June 2016
468,697
230,171
856,947
1,555,815
Asset
Contributed
Retained
revaluation
equity
earnings
reserve
Total
2015
Note
$’000
$’000
$’000
$’000
Balance at 1 July 2014
477,297
179,448
879,011
1,535,756
Net profit after tax
-
50,792
-
50,792
Other comprehensive income after tax
19, 20
-
367
(36,043)
(35,676)
Total comprehensive income
-
51,159
(36,043)
15,116
Transfer asset revaluation reserve to retained earnings
-
603
(603)
-
Transactions with owners in their capacity as owners
Dividends paid
7
-
(31,700)
-
(31,700)
Balance at 30 June 2015
477,297
199,510
842,365
1,519,172
The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.
44
YARRA VALLEY WATER ANNUAL REPORT 2015-16