Financial Statements 2017
Toowoomba Regional Council
Notes to the Financial Statements
for the year ended 30 June 2017
Note 24. Correction of Error (continued)
Previous
2015
$'000
Restated
Correction
1 July 2015
$'000
Statement of Changes in Equity
Asset Revaluation Surplus
Retained Surplus
Equity Balance as at 30 June 2014
1,540,941
2,321,630
3,862,571 (21,215)
(38,872)
(60,087) 1,519,726
2,282,758
3,802,484
139,520
139,520 (2,945)
(2,945) 136,575
136,575
1,702,933
2,461,150
4,164,083 (21,215)
(41,817)
(63,032) 1,681,718
2,419,333
4,101,051
Retained Surplus
Net operating surplus for the year
Total Comprehensive Income for the Period
Equity Balance as at 1 July 2015
Asset Revaluation Surplus
Retained Surplus
Equity Balance as at 1 July 2015
82
page 44
TOOWOOMBA REGIONAL COUNCIL I Annual Report 2016 - 2017