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Therapeutic Goods Administration Statement of Changes in Equity as at 30 June 2011

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Retained earnings

2011
$’000
2010
$’000
Opening balance
Balance carried forward from previous period
23,614
20,941
Adjusted opening balance
23,614
20,941
Surplus for the period
937
2,673
Closing balance attributable to the Australian Government
24,551
23,614

Asset revaluation reserve

2011
$’000
2010
$’000
Opening balance
Balance carried forward from previous period
2,755
2,755
Adjusted opening balance
2,755
2,755
Surplus for the period
Closing balance attributable to the Australian Government
2,755
2,755

Total equity

2011
$’000
2010
$’000
Opening balance
Balance carried forward from previous period
26,369
23,696
Adjusted opening balance
26,369
23,696
Surplus for the period
937
2,673
Closing balance attributable to the Australian Government
27,306
26,369

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

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Produced by the Portfolio Strategies Division, Australian Government Department of Health and Ageing.
URL: http://www.health.gov.au/internet/annrpt/publishing.nsf/Content/annual-report-1011-toc~1011part5~1011tgafinstatements~1011tgachangesequity
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