46
ANNUAL REPORT 2015/2016
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
(In Singapore dollars)
Company
Note
Share
capital
$’000
Treasury
Shares
$’000
Retained
earnings
$’000
Other
reserves
$’000
Total
equity
$’000
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 expense
–
–
–
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
Balance as at 1 April 2015
36,807
–
79,419
2,697
118,923
Loss for the financial year, net of tax
–
–
(18,652)
–
(18,652)
Total comprehensive loss for the financial
year
–
–
(18,652)
–
(18,652)
Dividends paid on ordinary shares
26
–
–
(3,082)
–
(3,082)
Employee equity benefits expense
–
–
–
248
248
Share buy-back
24
–
(312)
–
–
(312)
Transfer of treasury shares pursuant to MTQ
Share Plan
24
–
196
–
(196)
–
Total contributions by and distributors to
owners
–
(116)
(3,082)
52
(3,146)
Balance as at 31 March 2016
36,807
(116)
57,685
2,749
97,125
STATEMENTS
OF CHANGES IN EQUITY
For the financial year ended 31 March 2016
