45
MTQ CORPORATION LIMITED
(In Singapore dollars)
Attributable to owners of the Company
Group
Note
Share
capital
$’000
Treasury
shares
$’000
Foreign
currency
translation
reserve
$’000
Retained
earnings
$’000
Other
reserves
$’000
Share-
holders’
funds
$’000
Non-
controlling
interests
$’000
Total
equity
$’000
Balance as at
1 April 2015
36,807
–
(3,047)
93,704
1,496 128,960
9,390
138,350
Loss for the financial
year, net of tax
–
–
– (18,467)
– (18,467)
(914)
(19,381)
Exchange difference
on translation of
subsidiaries
–
–
(2,310)
–
– (2,310)
(153)
(2,463)
Net gain on hedge of
net investment in
foreign operation
–
–
360
–
– 360
–
360
Net fair value gain on
derivatives
–
–
–
–
267 267
40
307
Total comprehensive
income/(loss) for
the financial year
–
–
(1,950)
(18,467)
267 (20,150)
(1,027)
(21,177)
Dividends paid on
ordinary shares
26
–
–
–
(3,082)
– (3,082)
–
(3,082)
Dividends paid by a
subsidiary to non-
controlling interests
–
–
–
–
– –
(653)
(653)
Transfer of treasury
shares pursuant to
MTQ Share Plan
24
–
196
–
–
(196) –
–
–
Employee equity
benefits expense
–
–
–
–
248 248
–
248
Share buy-back
24
–
(312)
–
–
– (312)
–
(312)
Total contributions by
and distributions to
owners
–
(116)
–
(3,082)
52 (3,146)
(653)
(3,799)
Balance as at 31
March 2016
36,807 (116)
(4,997)
72,155
1,815 105,664
7,710
113,374
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
STATEMENTS
OF CHANGES IN EQUITY
For the financial year ended 31 March 2016
