ASCENDAS india trust ANNUAL REPORT 2014/15
N O T E S T O T H E F I N A N C I A L S T A T E M E N T S
For the financial year ended 31 March 2015
24.
Units on issue
Group and Trust
2015
2014
Number of Units
(In Thousands)
$'000
Number of Units
(In Thousands)
$'000
Balance at beginning of financial year
917,139
703,050
912,791
699,768
Issue of new units
– Fee paid in units
4,314
3,382
4,348
3,282
Balance at end of financial year
921,453
706,432
917,139
703,050
The holders of units are entitled to receive distribution as and when declared by the Trust. At any time, all the units in a class
are of equal value and shall have equal rights and obligations.
All issued units are fully paid.
25.
Reserves
(a)
Foreign currency translation reserve
Group
2015
2014
$'000
$'000
Balance at beginning of financial year
(360,690)
(306,913)
Translation differences arising from the conversion of
functional currency into presentation currency
32,381
(53,777)
Balance at end of financial year
(328,309)
(360,690)
Trust
2015
2014
$'000
$'000
Balance at beginning of financial year
(207,704)
(186,746)
Translation differences arising from the conversion of
functional currency into presentation currency
6,480
(20,958)
Balance at end of financial year
(201,224)
(207,704)
