Annual Report Final 2 - Flipbook - Page 37
Statement of Changes in Equity
For the Year Ended 30 June 2023
Retained
surplus ($)
Revaluation
surplus ($)
Investment
reserve ($)
Total
Balance at 1 July 2021
35,258,522
18,286,798
477,321
54,022,641
Surplus after income tax expense for the year
(3,058,554)
-
-
(3,058,554)
-
6,088,586
-
6,088,586
Balance as at 30 June 2022
32,199,968
24,375,384
477,321
57,052,673
Loss after income tax expense for the year
(4,164,470)
-
-
(4,164,470)
-
-
-
-
28,035,498
24,375,384
477,321
52,888,203
Other comprehensive income for the year, net of tax
Other comprehensive income for the year, net of tax
Balance as at 30 June 2023
Total equity in millions
54.0m
57.1m
52.9m
1 July 2021
30 June 2022
30 June 2023
37