53 / 100
waikato raupatu lands trust
statement of changes in equity
f o r t h e y e a r e n d e d 3 1 m a r c h 2 0 1 5
Attributable to equity holders of the Group
Consolidated
Notes
Revaluation
reserves
$’000
Retained
earnings
$’000
Total
$’000
Non-
controlling
interest
$’000
Total equity
$’000
Balance as at 1 April 2013
17,675
678,337
696,012
8,675
704,687
Comprehensive income
Net profit for the year
-
69,453
69,453
1,421
70,874
Other comprehensive income Items that
will not be reclassified to profit or loss
Gain on revaluation of farm and owner
occupied properties
9
3,070
-
3,070
-
3,070
Total other comprehensive income
3,070
-
3,070
-
3,070
Total comprehensive income
3,070
69,453
72,523
1,421
73,944
Tainui Auckland Airport Hotel distribution
-
-
-
(821)
(821)
Acquisition of subsidiary
25
-
-
-
5,914
5,914
Transfer from associate to subsidiary
9
(7,222)
7,222
-
-
-
Balance as at 31 March 2014
13,523
755,012
768,535
15,189
783,724
Balance as at 1 April 2014
13,523
755,012
768,535
15,189
783,724
Comprehensive income
Net profit for the year
-
81,872
81,872
1,396
83,268
Other comprehensive income Items that
will not be reclassified to profit or loss
Gain on revaluation of farm and owner
occupied properties
9
821
-
821
-
821
Total other comprehensive income
821
-
821
-
821
Total comprehensive income
821
81,872
82,693
1,396
84,089
Tainui Auckland Airport Hotel distribution
-
-
-
(1,214)
(1,214)
Acquisition of non-controlling interest –
Hamilton Riverview Hotel
25
-
910
910
(5,948)
(5,038)
Balance as at 31 March 2015
14,344
837,794
852,138
9,423
861,561
These financial statements should be read in conjunction with the accompanying notes.
51
waikato-tainui
annual report 2015