Page 64 - UTC Annual Report 2011

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Unit Trust Corporation
Annual Report 2011
Trinidad & Tobago Unit Trust Corporation
a4
For the year ended 31 December, 2011
Expressed in Trinidad & Tobago Dollars
Consolidated Statement of
Changes in Equity
Note
Fund Reserves
Statutory
Reserves
Revaluation
Reserve
Retained
Income
Non-control-
ling Interest
Total
$’000
$’000
$’000
$’000
$’000
$’000
Balance as at January 1, 2011
88,793 5,050 16,756 704,637 98,355 913,591
Total Comprehensive Income/(Loss) for the year
-
- (20,258)
79,959 (10,304)
49,397
Exchange translation differences
-
-
-
-
2,111 2,111
Capital contributions from minority shareholders
and other changes in minority interest
-
-
-
-
13,166 13,166
Transfers (to)/from Investment Funds
12 23,565
-
-
-
-
23,565
Transfers from Retained Income
12 26,371
-
- (26 371)
-
-
Guarantee reserves payments
12 (27,371)
-
-
-
- (27 371)
Interest on Reserve Assets
2,078
-
-
-
-
2,078
Adjustment for Belize
-
-
-
16,548
-
16,548
Balance as at DecemBer 31, 2011
113,436
5,050 (3,502)
774,773 103,328 993,085
Balance as at January 1, 2010
66,478 5,050 24,707 725,533 92,117 913,885
Total Comprehensive Income for the year
-
-
(7,951)
46,503 12,585 51,137
Exchange translation differences
-
-
-
-
(143)
(143)
Capital contributions from minority shareholders
and other changes in minority interest
-
-
-
-
(6,204)
(6,204)
Transfers from Investment Funds
12 22,612
-
- (16,587)
-
6,025
Transfers from Retained Income
12 50,812
-
- (50,812)
-
-
Guarantee reserves payments
12 (51,812)
-
-
-
- (51,812)
Interest on Reserve Assets
703
-
-
-
-
703
Balance as at DecemBer 31, 2010
88,793
5,050 16,756 704,637 98,355 913,591