Note 10–Equity

Item	Capital		Asset revaluation reserve		Accumulated results		TOTAL EQUITY
	2002–03 $'000	2001–02 $'000	2002–03 $'000	2001–02 $'000	2002–03 $'000	2001–02 $'000	2002–03 $'000	2001–02 $'000
Opening balance as at 01 July	1 609	1 609	483	483	1 211	2 035	3 303	4 127
Net surplus / (deficit)	-	-	-	-	386	(417)	386	(417)
Net revaluation increments/decrements	-	-	(136)	-		-	(136)
Decrease in retained earnings on application of accounting standard AASB 1028 Employee Benefits	-	-	-	-	(68)	-	(68)	-
Capital Use Charge	-	-	-	-	(363)	(407)	(363)	(407)
Closing balance as at 30 June	1 609	1 609	347	483	1 166	1 211	3 122	3 303

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