45
/ MTQ CORPORATION LIMITED /
ANNUAL REPORT
2014/2015
STATEMENTS OF CHANGES IN EQUITY
For the financial year ended 31 March 2015
(In Singapore dollars)
Company
Note
Share
capital
$’000
Retained
earnings
$’000
Other
reserves
$’000
Total
equity
$’000
Balance as at 1 April 2013
31,740
63,842
2,165
97,747
Profit for the financial year, net of tax
–
20,524
–
20,524
Total comprehensive income for the
financial year
–
20,524
–
20,524
Dividends paid on ordinary shares
26
–
(5,031)
–
(5,031)
Employee equity benefits expenses
–
–
138
138
Issuance of ordinary shares pursuant to
scrip dividend scheme
24
2,434
–
–
2,434
Share issuance expense
24
(66)
–
–
(66)
Total contributions by and distributors to
owners
2,368
(5,031)
138
(2,525)
Balance as at 31 March 2014
34,108
79,335
2,303
115,746
Balance as at 1 April 2014
34,108
79,335
2,303
115,746
Profit for the financial year, net of tax
–
6,209
–
6,209
Total comprehensive income for the
financial year
–
6,209
–
6,209
Dividends paid on ordinary shares
26
–
(6,125)
–
(6,125)
Employee equity benefits expenses
–
–
644
644
Issuance of ordinary shares pursuant to scrip
dividend scheme
24
2,531
–
–
2,531
Issuance of ordinary shares pursuant to MTQ
Share Plan
24
250
–
(250)
–
Share issuance expense
24
(82)
–
–
(82)
Total contributions by and distributors to
owners
2,699
(6,125)
394
(3,032)
Balance as at 31 March 2015
36,807
79,419
2,697
118,923
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
