43
/ MTQ CORPORATION LIMITED /
ANNUAL REPORT
2014/2015
STATEMENTS OF CHANGES IN EQUITY
For the financial year ended 31 March 2015
(In Singapore dollars)
Attributable to owners of the Company
Group
Note
Share
capital
$’000
Foreign
currency
translation reserve
$’000
Retained earn-
ings
$’000
Other
reserves
$’000
Share-
holders’
funds
$’000
Non-
controlling
interests
$’000
Total
equity
$’000
Balance as at 1 April
2014, as previously
reported
34,108
(7)
95,105
1,745 130,951
9,655
140,606
Adjustments to
initial accounting
for business
combination
–
3
(297)
–
(294)
–
(294)
Balance as at
1 April 2014,
restated
34,108
(4)
94,808
1,745 130,657
9,655
140,312
Profit for the financial
year, net of tax
–
–
5,021
–
5,021
453
5,474
Exchange difference
on translation of
subsidiaries
–
(6,583)
–
–
(6,583)
(452)
(7,035)
Net gain on hedge of
net investment in
foreign operation
–
3,540
–
–
3,540
–
3,540
Net fair value of loss
on derivatives
–
–
–
(76)
(76)
–
(76)
Total comprehensive
income/(loss) for
the financial year
–
(3,043)
5,021
(76)
1,902
1
1,903
Dividends paid on
ordinary shares
26
–
–
(6,125)
–
(6,125)
–
(6,125)
Issuance of ordinary
shares pursuant
to scrip dividend
scheme
24 2,531
–
–
–
2,531
–
2,531
Issuance of ordinary
shares pursuant to
MTQ Share Plan
250
–
–
(250)
–
–
–
Share issuance
expense
24
(82)
–
–
–
(82)
–
(82)
Settlement of share-
based payment
arrangements
–
–
–
(548)
(548)
(83)
(631)
Employee equity
benefits expenses
–
–
–
758
758
18
776
Total contributions by
and distributions to
owners
2,699
–
(6,125)
(40)
(3,466)
(65)
(3,531)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
