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STATEMENTS OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 JUNE 2009

  CONSOLIDATED ENTITY   PARENT ENTITY  
  2009   2008   2009   2008  
  $   $   $   $  
Total equity at the beginning of the financial year   8,715,655   5,705,006    8,806,618   5,813,116  
Adjustment for translation of foreign controlled entities    452,198   (8,670)     –  
- Asset revaluations    (116,298)  (464,795)     (581,093) 
Net income recognised in equity   335,900   (473,465)     (581,093) 
Loss for the period   (4,310,815)  (2,060,886)  (4,084,773)  (1,970,405) 
Total recognised income and expense for the year   (3,974,915)  (2,534,351)  (4,084,773)  (2,551,498) 
Transactions with equity holders:          
- Contribution of equity net of transaction costs
   transfers to and from reserves  
   5,545,000      5,545,000  
- Share-based payments      –      –  
Total equity at the end of the financial year   4,740,740   8,715,655    4,721,845   8,806,618  
  
 
     
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