WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
64
CONSOLIDATED STATEMENT OF CHANGES
IN EQUITY
FOR THE YEAR ENDED MARCH 31, 2016
Attributable
Currency
to owners
Non-
Issued
Capital
Statutory Revaluation translation Accumulated
of the controlling
capital
reserves
reserve
reserve
reserve
profits
Company
interests
Total
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
(Note 28)
(Note)
(Note 15)
THE GROUP
Balance at April 1, 2014
74,544
195,716
16,480
–
20,756
250,120
557,616
(2,847)
554,769
Total comprehensive income
for the year:
Profit for the year
–
–
–
–
–
31,957
31,957
(1,742)
30,215
Other comprehensive income
for the year,
net of income tax
–
–
–
96,619
2
–
96,621
–
96,621
Total
–
–
–
96,619
2
31,957
128,578
(1,742)
126,836
Transactions with owners,
recognised directly in equity:
Exercise of share options
805
870
–
–
–
–
1,675
–
1,675
Share options cancelled/lapsed
–
(2,243)
–
–
–
2,243
–
–
–
Dividend paid (Note 38)
–
–
–
–
–
(25,702)
(25,702)
–
(25,702)
Transfer to statutory reserve
–
–
45
–
–
(45)
–
–
–
Total
805
(1,373)
45
–
–
(23,504)
(24,027)
–
(24,027)
Balance at March 31, 2015
75,349
194,343
16,525
96,619
20,758
258,573
662,167
(4,589)
657,578
Total comprehensive (expense)
income for the year:
Loss for the year
–
–
–
–
–
(71,605)
(71,605)
1,561
(70,044)
Other comprehensive expense
for the year,
net of income tax
–
–
–
–
(11,634)
–
(11,634)
(20)
(11,654)
Total
–
–
–
–
(11,634)
(71,605)
(83,239)
1,541
(81,698)
Transactions with owners,
recognised directly in equity:
Exercise of share options
157
138
–
–
–
–
295
–
295
Share options cancelled
–
(103)
–
–
–
103
–
–
–
Dividend paid (Note 38)
–
–
–
–
–
(23,962)
(23,962)
–
(23,962)
Transfer from revaluation reserve
–
–
–
(3,348)
–
3,348
–
–
–
Total
157
35
–
(3,348)
–
(20,511)
(23,667)
–
(23,667)
Balance at March 31, 2016
75,506
194,378
16,525
93,271
9,124
166,457
555,261
(3,048)
552,213
Note:
The statutory reserve is non-distributable and was appropriated from the profit after tax of the Company’s
subsidiaries in the People’s Republic of China (the “PRC”) and Taiwan under the laws and regulations of the PRC
and Taiwan.
See accompanying notes to financial statements.
