Whole of government and GGS statements of changes in equity (AASB1049_10-07_COMPdec19_01-20)

The whole of government statement of changes in equity and the GGS statement of changes in equity, and notes thereto, shall be presented in a manner consistent with the requirements in AASB 101.

Generally, transactions with owners in their capacity as owners do not arise in a GGS context because there is no ownership group identified for the GGS. They may arise in a whole of government context in relation to partly-owned subsidiaries. They may also arise between PNFC sector and PFC sector entities and their owner, the GGS.