ADAVB 2018/2019 Annual Report

A D A V B A N N U A L R E P O R T 2 0 1 8 / 1 9 | 2 9 STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2019 The accompanying notes form part of these financial statements. Retained Earnings Fair Value Reserve of Financial Assets through OCI Reserves Total $ $ $ $ Consolidated Balance at 1 July 2017 8,873,505 274,333 9,147,838 Deficit for the year 217,634 - 217,634 Other comprehensive income - 52,756 52,756 Total comprehensive income for the year 217,634 52,756 270,390 Balance at 30 June 2018 9,091,138 327,090 9,418,228 Balance at 1 July 2018 9,091,138 327,090 9,418,228 Effect of adoption of new accounting standard 327,090 (327,090) - Balance at 1 July 2018 (restated) 327,090 - 327,090 Surplus for the year 130,497 - 130,497 Other comprehensive income 57,078 - 57,078 Total comprehensive income for the year 130,497 57,078 - 187,575 Balance at 30 June 2019 9,221,635 384,168 - 9,605,803