107 107 2017 2017 2016 2017 2017 2016 2017 2017 2016 2017 2017 2016 Budget Actual Actual Budget Actual Actual Budget Actual Actual Budget Actual Actual $’000 $’000 $'000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Opening balance Balance carried forward from previous period (34,458) (34,688) (19,516) 183,904 193,836 183,905 150,210 150,210 150,210 299,656 309,358 314,599 Opening balance (34,458) (34,688) (19,516) 183,904 193,836 183,905 150,210 150,210 150,210 299,656 309,358 314,599 Comprehensive income Other comprehensive income - - - - - 9,931 - - - - - 9,931 Deficit for the period (6,048) (7,150) (15,172) - - - - - - (6,048) (7,150) (15,172) Total comprehensive income (6,048) (7,150) (15,172) - - 9,931 - - - (6,048) (7,150) (5,241) Transactions with owners: Contributions by owners Appropriation (equity injection) - - - - - - - - - - - - Total transactions with owners - - - - - - - - - - - - Closing balance attributable to the Australian Government (40,506) (41,838) (34,688) 183,904 193,836 193,836 150,210 150,210 150,210 293,608 302,208 309,358 The above statement should be read in conjunction with the accompanying notes. Explanations of major budget variances are provided at Note 11. AUSTRALIAN SPORTS COMMISSION STATEMENT OF CHANGES IN EQUITY For the year ended 30 June 2017 Retained surplus / (accumulated deficit) Asset revaluation reserve Contributed equity / capital Total equity