Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Reserves

v3.19.2
Reserves
12 Months Ended
Jan. 31, 2019
Disclosure of reserves within equity [abstract]  
Reserves

22 Reserves

 

    31 January 2019
NZ$000’s
    31 January 2018
NZ$000’s
    31 January 2017
NZ$000’s
 
Foreign currency translation reserve                        
Opening balance     (2,006 )     (2,154 )     (2,125 )
Transfers in     (7 )     148       (29 )
                         
Balance at the end of the year     (2,013 )     (2,006 )     (2,154 )

 

Foreign currency translation reserve

 

Exchange differences arising on translation of the foreign controlled entity are recognised in other comprehensive income - foreign currency translation reserve. The cumulative amount is reclassified to profit or loss when the net investment is disposed of.