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Note 15 Other equity (continued)
As at
March 31, 2019
As at
March 31, 2018
d) Other reserves
i)
FVOCI equity instruments
Balance as at the beginning of the year
399.82
ǩǬǪȦǧǩ
Add: Equity instruments through other comprehensive income (FVOCI)
73.83
37.28
gĚƙƙȠ 'ĚljĚƑƑĚē ƥîNJ ŕĿîċĿŕĿƥNj ūŠ îċūDŽĚ
(11.00)
-
Less: Transfer to retained earnings on disposal of FVOCI equity
instruments
(0.02)
(1.59)
Balance as at the end of the year
ǪǬǨȦǬǩ
399.82
ii)
/ljljĚČƥĿDŽĚ ƎūƑƥĿūŠ ūlj Čîƙĺ ǜūDžƙ ĺĚēijĚƙ
Balance as at the beginning of the year
0.03
ȳǦȦǪǮȴ
ēēȠ /ljljĚČƥĿDŽĚ ƎūƑƥĿūŠ ūlj ijîĿŠƙ ʈ ȳŕūƙƙȴ ūŠ Čîƙĺ ǜūDž ĺĚēijĚƙ
1.22
0.05
gĚƙƙȠ 'ĚljĚƑƑĚē ƥîNJ ŕĿîċĿŕĿƥNj ūŠ îċūDŽĚ
ȳǦȦǪǩȴ
(0.02)
gĚƙƙȠ OĚēijĿŠij ijîĿŠ ʈ ȳŕūƙƙȴ ƑĚČŕîƙƙĿǛĚē ƥū ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj
¡ƑūǛƥ îŠē gūƙƙ
(0.03)
ǦȦǪǮ
Balance as at the end of the year
0.79
0.03
iii)
/NJČĺîŠijĚ ēĿljljĚƑĚŠČĚ ĿŠ ƥƑîŠƙŕîƥĿŠij ƥĺĚ GĿŠîŠČĿîŕ ¬ƥîƥĚŞĚŠƥƙ ūlj î
foreign operation
Balance as at the beginning of the year
18.86
13.80
Add: Changes in foreign currency translation reserve
(3.11)
5.06
Balance as at the end of the year
15.75
18.86
2,676.03
2,214.24
Nature and purpose of other reserves
a) Securities premium
Securities premium is used to record the premium on issue of shares. The reserve is utilised in accordance with the
provisions of the Companies Act, 2013.
b) General reserve
General reserve represents amount appropriated out of retained earnings pursuant to the earlier provisions of Companies
Act, 1956 and local laws of respective foreign subsidiary companies.
c) Retained earnings
¤ĚƥîĿŠĚē ĚîƑŠĿŠijƙ îƑĚ ƥĺĚ ƎƑūǛƥƙ ƥĺîƥ ƥĺĚ ūŞƎîŠNj ĺîƙ ĚîƑŠĚē ƥĿŕŕ ēîƥĚȡ ŕĚƙƙ îŠNj ƥƑîŠƙljĚƑƙ ƥū ijĚŠĚƑîŕ ƑĚƙĚƑDŽĚȡ îŠNj ƥƑîŠƙljĚƑƙ
from or to OCI, dividends or other distributions paid to shareholders.
d) FVOCI - equity instruments
The Group has elected to recognise changes in the fair value of certain investments in equity securities in other
comprehensive income. These changes are accumulated within the FVOCI equity instruments reserve within equity. The
Group transfers amounts from this reserve to retained earnings when the relevant equity securities are derecognised.
Ěȴ îƙĺ ǜūDž ĺĚēijĿŠij ƑĚƙĚƑDŽĚ
The Group uses hedging instruments as part of its management of foreign currency risk associated with its highly
probable forecast sale and inventory purchases and interest rate risk associated with variable interest rate borrowings.
For hedging foreign currency risk, the Company uses foreign currency forward contracts, foreign currency option contracts
îŠē ĿŠƥĚƑĚƙƥ ƑîƥĚ ƙDžîƎƙȦ ¹ĺĚNj îƑĚ ēĚƙĿijŠîƥĚē îƙ Čîƙĺ ǜūDž ĺĚēijĚƙ ƥū ƥĺĚ ĚNJƥĚŠƥ ƥĺĚƙĚ ĺĚēijĚƙ îƑĚ ĚljljĚČƥĿDŽĚȡ ƥĺĚ ČĺîŠijĚ ĿŠ
ljîĿƑ DŽîŕƭĚ ūlj ƥĺĚ ĺĚēijĿŠij ĿŠƙƥƑƭŞĚŠƥ Ŀƙ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ Čîƙĺ ǜūDž ĺĚēijĿŠij ƑĚƙĚƑDŽĚȦ ŞūƭŠƥƙ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ Čîƙĺ ǜūDž
ĺĚēijĿŠij ƑĚƙĚƑDŽĚ Ŀƙ ƑĚČŕîƙƙĿǛĚē ƥū ƎƑūǛƥ ūƑ ŕūƙƙ DžĺĚŠ ƥĺĚ ĺĚēijĚē ĿƥĚŞ îljljĚČƥƙ ƎƑūǛƥ ūƑ ŕūƙƙ ȳljūƑ ĚNJîŞƎŕĚȡ ƙîŕĚƙ îŠē ĿŠƥĚƑĚƙƥ
ƎîNjŞĚŠƥƙȴȦ ØĺĚŠ ƥĺĚ ljūƑĚČîƙƥ ƥƑîŠƙîČƥĿūŠ ƑĚƙƭŕƥƙ ĿŠ ƥĺĚ ƑĚČūijŠĿƥĿūŠ ūlj î ŠūŠȹǛŠîŠČĿîŕ îƙƙĚƥ ȳljūƑ ĚNJîŞƎŕĚȡ ĿŠDŽĚŠƥūƑNjȴȡ ƥĺĚ
îŞūƭŠƥ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ Čîƙĺ ǜūDž ĺĚēijĿŠij ƑĚƙĚƑDŽĚ Ŀƙ îēŏƭƙƥĚē îijîĿŠƙƥ ƥĺĚ ČîƑƑNjĿŠij îŞūƭŠƥ ūlj ƥĺĚ ŠūŠȹǛŠîŠČĿîŕ îƙƙĚƥȦ
Consolidated
|
Notes to the Financial Statements
209