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202 SIMPLY SMARTERNOTES TO THE FINANCIAL STATEMENTS31 December 2011(Currency - <strong>Singapore</strong> dollars unless otherwise stated)40. Capital reservesIncluded in capital reserves are:(a)(b)an amount of $115,948,000 (2010: $115,948,000) relating to share premium of the respective pooled enterprises, namely <strong>Singapore</strong><strong>Technologies</strong> Aerospace Ltd, <strong>Singapore</strong> <strong>Technologies</strong> Electronics Limited, <strong>Singapore</strong> <strong>Technologies</strong> Kinetics Ltd and <strong>Singapore</strong> <strong>Technologies</strong>Marine Ltd classified as capital reserve upon the pooling of interests during the financial year ended 31 December 1997; andan amount of $375,000 (2010: $375,000) relating to an excess capital contribution from non-controlling shareholders of a subsidiary in Chinafollowing the additional capital injection in prior years.41. Other reservesForeigncurrencytranslationreservePremiumpaid onacquisition ofnon-controllingStatutoryreserveFair valuereserveShare-basedpaymentreserve interests TotalNote $’000 $’000 $’000 $’000 $’000 $’000The GroupAt 1.1.2010 (97,365) 1,206 1,365 72,001 – (22,793)Other comprehensive income:Net fair value changes on available-for-salefinancial assets (i) – – (848) – – (848)Net fair value changes on effective portion ofcash flow hedges (ii) – – (12,633) – – (12,633)Foreign currency translation differences (iii) (80,291) – 1,202 – 84 (79,005)Share of foreign currency translation differences ofassociates and jointly controlled entities (8,082) – – – – (8,082)Reclassification adjustment of foreign currencytranslation reserve to profit or loss arising fromdisposal of a foreign entity 30 – – – – 30Total comprehensive income for the year, net of tax (88,343) – (12,279) – 84 (100,538)Issue of shares – – – (7,328) – (7,328)Cost of share-based payment – – – 12,068 – 12,068Acquisition of non-controlling interests in subsidiaries – – – – (5,318) (5,318)Transfer from retained earnings to statutory reserve – 729 – – – 729At 31.12.2010 (185,708) 1,935 (10,914) 76,741 (5,234) (123,180)

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