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Forecast statement of changes in equity
| FOR THE YEAR ENDED 30 JUNE | |||
|---|---|---|---|
| 2010/11 $ |
2011/12 $ |
2012/13 $ |
|
| Public equity at beginning of year | |||
| Taxpayer funds | 200,000 | 200,000 | 200,000 |
| Retained earnings | 788,582 | 453,579 | 405,636 |
| Deficit for the year | (335,003) | (47,943) | (71,229) |
| Public equity at end of year | |||
| Taxpayer funds | 200,000 | 200,000 | 200,000 |
| Retained earnings | 453,579 | 405,636 | 334,407 |
| 653,579 | 605,636 | 534,407 | |
