Page 251 - Capricorn IAR 2020

NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
35. DISTRIBUTABLE RESERVES
35.1 Fair value reserve
Balance as at 1 July
Change in value of financial assets at fair value through other comprehensive income/ Revaluation of available-for-sale equity instruments
Transfer (to)/from reserves
Reclassification to retained earnings/profit or loss
Group
2020 INTEGRATED ANNUAL REPORT
2020 N$’000
695
26,291
(25,506)
–
1,480
3,843,797
2,296
3,846,093
5,000
54,889
–
2
59,891
Balance as at 30 June
35.2 General banking reserve
Balance as at 1 July
Transfer from retained earnings
Balance as at 30 June
The general banking reserve is maintained to fund future expansion.
35.3 Foreign currency translation reserve
Balance as at 1 July Revaluation for the year Change in shareholding Transfer of FCTR
Balance as at 30 June
35.4 Retained earnings
Balance as at 1 July Initial adoption – IFRS 9
Restated balance at the beginning of the reporting period Profit for the year
Transfer to reserves
Transfer from reserves – Reclassifications to retained earnings
Profit on sale of treasury shares
Dividends paid
Change in ownership interest in subsidiary
Balance as at 30 June
Group
Company
2019 N$’000
129,811
7,263 –
(136,379) 695
3,814,879 28,918
3,843,797
4,536 1,339 –
(875) 5,000
2019 N$’000
526,966 (16,572)
510,394 688,958 –
–
– (311,511)
– 887,841
2020 N$’000
2020 N$’000
1,136,427
654,458 (235,947)
887,841
–
–
1,136,427
418,511 929,889
(39,755)
136,379 (1,042) (307,555)
–
887,841
760,973
179,409
55,064
–
–
–
1,917
–
(338,076)
(342,662)
2,436
–
1,618,741
1,136,427
724,588
2019 N$’000
249