Toowoomba Regional Council
Notes to the Financial Statements for the year ended 30 June 2017
Note 24 . Correction of Error ( continued )
Previous |
|
Restated |
2016 |
|
2016 |
$' 000 |
Correction |
$' 000 |
Statement of Changes in Equity
Asset Revaluation Surplus Retained Surplus
Equity Balance as at 1 July 2015
Retained Surplus Net operating surplus for the year Total Comprehensive Income for the Period
Equity Balance as at 30 June 2016
Asset Revaluation Surplus Retained Surplus
Equity Balance as at 30 June 2016
1,702,933 |
( 21,215 ) |
1,681,718 |
2,461,150 |
( 41,817 ) |
2,419,333 |
4,164,083 |
( 63,032 ) |
4,101,051 |
92,027 |
( 9,685 ) |
82,342 |
92,027 |
( 9,685 ) |
82,342 |
1,797,999 |
( 21,215 ) |
1,776,784 |
2,553,177 |
( 51,502 ) |
2,501,675 |
4,351,176 |
( 72,717 ) |
4,278,459 |
Reconciliation of Restated Comparatives as at 1 July 2015
Financial Report Line Item / Balance affected
Previous |
|
Restated |
2015 |
|
1 July 2015 |
$' 000 |
Correction |
$' 000 |
Statement of Financial Position
Non-current Assets Decrease Property , Plant and equipment
Total Non-Current Assets TOTAL ASSETS
4,279,522 |
( 66,710 ) |
4,212,812 |
4,290,204 |
( 66,710 ) |
4,223,494 |
4,469,509 |
( 66,710 ) |
4,402,799 |
Non-current Liabilities Decrease Provisions
Total Non-Current Liabilities
TOTAL LIABILITES
Net Community Assets
Decrease Asset Revaluation Surplus Decrease Retained Surplus
Total Community Equity
2,461,150 98,430
252,378
305,426 4,164,083
1,702,933 2,461,150
4,164,083
- - ( 3,678 ) 94,752
( 3,678 ) 248,700 ( 3,678 ) 301,748 ( 63,032 ) 4,101,051
( 21,215 ) |
1,681,718 |
( 41,817 ) |
2,419,333 |
( 63,032 ) |
4,101,051 |
Annual Report 2016 - 2017 I TOOWOOMBA REGIONAL COUNCIL 81