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Directors' Report and Financial Statements 31 March ... - Precision Air

Directors' Report and Financial Statements 31 March ... - Precision Air

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PRECISION AIR SERVICES LIMITED<br />

STATEMENT OF CHANGES IN EQUITY (Continued)<br />

FOR THE YEAR ENDED <strong>31</strong> MARCH 2012<br />

Note 22 Note 22 Note 22 Note 33<br />

Issued Share Revaluation Cash flow Retained Total<br />

capital premium reserve<br />

hedging<br />

reserve earnings equity<br />

Company<br />

At 1 April 2011 2,700,300 - 8,438,348 (10,180,545) 14,484,466 15,442,569<br />

Initial Public Offer 509,096 10,490,987 - - - 11,000,083<br />

Profit for the year - - - - 1,206,121 1,206,121<br />

Other comprehensive income - - - (7,571,900) - (7,571,900)<br />

Total comprehensive income - - - (7,571,900) 1,206,121 (6,365,779)<br />

At <strong>31</strong> <strong>March</strong> 2012 3,209,396 10,490,987 8,438,348 (17,752,445) 15,690,587 20,076,873<br />

Company<br />

At 1 April 2010 2,700,300 - 4,679,173 - 13,199,351 20,578,824<br />

Profit for the year - - - - 1,285,115 1,285,115<br />

Other comprehensive income - - 3,759,175 (10,180,545) - (6,421,370)<br />

Total comprehensive income - - 3,759,175 (10,180,545) 1,285,115 (5,136,255)<br />

At <strong>31</strong> <strong>March</strong> 2011 2,700,300 - 8,438,348 (10,180,545) 14,484,466 15,442,569<br />

22<br />

DIRECTORS’ REPORT AND FINANCIAL STATEMENTS <strong>31</strong> MARCH 2012

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