RELIGARE HEALTH TRUST
66
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Changes in Unitholders’ Funds
For the financial year ended 31 March 2015
Note
Units in
issue
(Note 28)
Capital
reserve
Foreign
currency
translation
reserve
Revaluation
reserve
Other
reserve
Accumulated
losses
Total
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Group
At 1 April 2013
501,369 210,216
6,195
6,573
–
(9,843) 714,510
Profit for the year
–
–
–
–
– 41,473 41,473
Other comprehensive income
– Foreign currency translation
–
– (61,044)
–
–
– (61,044)
– Net surplus on revaluation of land
–
–
– 51,085
–
– 51,085
Other comprehensive income for the
period, net of tax
–
– (61,044)
51,085
–
– (9,959)
Total comprehensive income for
the period
–
– (61,044)
51,085
– 41,473 31,514
Payment of Trustee-Manager fees in
units
2,391
–
–
–
–
– 2,391
Transfer to capital redemption reserve
–
–
–
–
105
(105)
–
Distribution on units in issue
36
–
–
–
–
– (43,180) (43,180)
At 31 March 2014 and 1 April 2014
503,760 210,216 (54,849)
57,658
105 (11,655) 705,235
Profit for the year
–
–
–
–
– 37,423 37,423
Other comprehensive income
– Foreign currency translation
–
– 30,995
–
–
– 30,995
– Net surplus on revaluation of land
and buildings
–
–
– 43,738
–
602* 44,340
– Remeasurement of defined
benefit plan
–
–
–
–
(36)
–
(36)
Other comprehensive income for
the year, net of tax
–
– 30,995 43,738
(36)
602 75,299
Total comprehensive income for
the year
–
– 30,995 43,738
(36)
38,025 112,722
Payment of Trustee-Manager fees
in units
3,420
–
–
–
–
– 3,420
Distribution on units in issue
36
–
–
–
–
– (52,244) (52,244)
At 31 March 2015
507,180 210,216 (23,854) 101,396
69 (25,874) 769,133
*
Relates to the difference between depreciation based on the revalued carrying amount of the asset and depreciation based on the asset’s original cost.
