A N N U A L R E P O R T 2 0 1 6
114
NOTES TO THE
FINANCIAL STATEMENTS
For the Financial Year Ended 31 March 2016
28.
Share capital
Group and Company
2016
2015
No. of
ordinary shares
$¡¯000
No. of
ordinary shares
$¡¯000
Ordinary shares issued and fully paid
At beginning and end of the year
121,374,700
13,964 121,374,700
13,964
The holders of ordinary shares are entitled to receive dividends as and when declared by the Company. All ordinary shares carry one vote
per share without restriction. The ordinary shares have no par value.
29.
Other reserves
(a)
Asset revaluation reserve
The asset revaluation reserve represents increases in the fair value of freehold land and buildings and decreases to the extent that
such decrease relates to an increase on the same asset previously recognised in other comprehensive income.
(b)
Foreign currency translation reserve
The foreign currency translation reserve represents exchange differences arising from the translation of the financial statements of
foreign operations whose functional currencies are different from that of the Group¡¯s presentation currency.
