120
STAMFORD LAND CORPORATION LTD
NOTES TO THE FINANCIAL STATEMENTS
31. OTHER RESERVES
THE GROUP
THE COMPANY
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Other reserves
Fair value reserve
351
292
351
292
Foreign currency translation reserve
(16,407)
19,916
–
–
(16,056)
20,208
351
292
Fair value reserve
Beginning of financial year
292
329
292
329
Fair value gains/(losses)
59
(37)
59
(37)
End of financial year
351
292
351
292
Foreign currency translation reserve
Beginning of financial year
19,916
50,189
–
–
Exchange differences on consolidation of
foreign subsidiaries
(18,242)
(27,855)
–
–
Exchange differences on foreign currency
loans forming part of net investment in
foreign operations
(18,081)
(2,418)
–
–
End of financial year
(16,407)
19,916
–
–
