Ātihau Whanganui Incorporation Annual Report 2016

Page 43

Ä€tihau-Whanganui Incorporation STATEMENT OF CHANGES IN EQUITY (CONTINUED) For the Year Ended 30 June 2016 Retained Earnings prior to 2004

Retained Earnings after 2004

Share Valuation $

Livestock Reserve $

-

124,933,880

Dividends Paid

-

-

-

-

(691,089)

Transactions with owners

-

-

-

-

(691,089)

Net Surplus after Income tax

-

-

-

-

408,209

- Revaluation of Emission Trading Units

-

-

-

-

3,509,562

-R eclassification of AFS financial assets on Sale

-

-

-

-

-

-R evaluation of Available-for-Sale Financial Assets

-

-

-

-

159,369

Total Comprehensive Income for the Year

-

-

-

-

4,077,140

BALANCE AT 30 JUNE 2016

-

-

-

-

128,319,931

Retained Earnings prior to 2004

Retained Earnings after 2004

Share Valuation $

1,698,788

Livestock Reserve $

11,189,466

Total Equity $

130,260,432

BALANCE AT 1 JULY 2015

-

-

-

Total Equity $

Other Comprehensive Income

BALANCE AT 1 JULY 2014

10,980,338

Restatement of reserve balances

(640,709)

(10,980,338)

640,709

(1,698,788)

(11,189,466)

-

Reclass Investment Properties previously in Property, Plant & Equipment

-

-

-

-

-

Remove Dividend Provision not approved prior year end (NZIAS37)

-

-

-

-

753,917

RESTATED BALANCE AT 1 JULY 2014

-

-

-

-

131,014,350

Dividends Paid

-

-

-

-

(753,917)

Transactions with owners

-

-

-

-

(753,917)

Net Deficit after Income tax

-

-

-

-

(1,849,455)

- Revaluation of Property, Plant & Equipment

-

-

-

-

(4,672,870)

- Revaluation of Emission Trading Units

-

-

-

-

1,342,884

- Revaluation of Available-for-Sale Financial Assets

-

-

-

-

(147,112)

Total Comprehensive Income / (Deficit) for the Year

-

-

-

(5,326,553)

BALANCE AT 30 JUNE 2015

-

-

-

124,933,880

Other Comprehensive Income

-

These statements should be read in conjunction with the accompanying notes.

43


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