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53
WAIKATO RAUPATU LANDS TRUST
Statement of changes in equity
FOR THE YEAR ENDED 31 MARCH 2016
Attributable to equity holders of the Trust
Consolidated
Note
Revaluation
reserves
$’000
Accumulated
comprehensive
revenue and
expense
$’000
Total
$’000
Non-
controlling
interest
$’000
Total equity
$’000
Balance as at 1 April 2014
13,523
755,012
768,535
15,189
783,724
Comprehensive revenue
Net surplus for the year
-
81,873
81,873
1,396
83,269
Other comprehensive revenue and
expense
Items that will not be reclassified
to surplus and deficit
Gain on revaluation of farm and
owner occupied properties
8
821
-
821
-
821
Total other comprehensive
revenue and expense
821
-
821
-
821
Total comprehensive revenue and
expense
821
81,873
82,694
1,396
84,090
Tainui Auckland Airport Hotel
distribution
26
-
-
-
(1,214)
(1,214)
Acquistion of non-controlling
interest - Hamilton Riverview Hotel
25,26
-
910
910
(5,948)
(5,038)
Balance as at 31 March 2015
14,344
837,795
852,139
9,423
861,562
Attributable to equity holders of the Trust
Consolidated
Note
Revaluation
reserves
$’000
Accumulated
comprehensive
revenue and
expense
$’000
Total
$’000
Non-
controlling
interest
$’000
Total equity
$’000
Balance as at 1 April 2015
14,344
837,795
852,139
9,423
861,562
Comprehensive revenue
Net surplus for the year
-
76,853
76,853
1,732
78,585
Other comprehensive revenue
and expense
Items that will not be reclassified
to surplus and deficit
-
-
Gain on revaluation of farm and
owner occupied properties
8
1,236
-
1,236
-
1,236
Total other comprehensive
revenue and expense
1,236
-
1,236
-
1,236
Total comprehensive revenue
and expense
1,236
76,853
78,089
1,732
79,821
Tainui Auckland Airport Hotel
distribution
26
-
-
-
(1,500)
(1,500)
Balance as at 31 March 2016
15,580
914,648
930,228
9,655
939,883
These financial statements should be read in conjunction with the accompanying notes.