Fitzroy Learning Network Annual Report - Page 5

Fitzroy Learning Network Inc. Annual Financial Report For the year ended 30 June 2016 Statement of Changes in Equity For the Year Ended 30 June 2016 Note Accumulated Funds $ Balance at 1 July 2014 238,875 Total comprehensive income/(loss) for the period before correction (28,837) Correction of prior period error (75,000) 3(l) / 14 Balance at 30 June 2015 135,038 Balance at 1 July 2015 135,038 Total comprehensive income/(loss) for the period Balance at 30 June 2016 (116,134) 18,904 The notes on pages 5 to 12 are to be read in conjuction with these financial statements. 3