2. Reserves

2.1. General reserves

This is derived from revenue profits and is mostly available for dividend payment.

2.2. Capital profits reserve

Capital profits reserve represents the realised value of revaluations associated with an asset or class of assets that have been disposed of. These assets have been subject to the fair value basis of measurement and revaluations accounted for in accordance with accounting standard AASB 1041 ‘Revaluation of Non-Current Assets’. Due to the disposal of these assets, the balance of the Asset Revaluation Reserve associated with these assets has been transferred to a capital profits reserve.

2.3.1. Asset revaluation reserve – Property, plant and equipment

Include balance of the asset revaluation reserve relating to the revaluation of property, plant and equipment.

2.3.2. Asset revaluation reserve - Intangibles

Include balance of the asset revaluation reserve relating to the revaluation of intangible assets.

2.3.3. Asset revaluation reserve – Investment in subsidiaries

Include the balance of the asset revaluation reserve relating to the revaluation of investment in subsidiaries.

2.3.4. Asset revaluation reserve – Investments in associates/share of associates ARR

Include the balance of the asset revaluation reserve relating to the revaluation of investments in associates.

2.3.5. Asset revaluation reserve - Other

Asset revaluation reserve relating to the revaluation of other assets.

2.5. Foreign currency translation reserve

Include the exchange rate differences arising on translation of assets and liabilities in accordance with AASB 1012 ‘Foreign Currency Translation’.

2.6. Other reserves

Include all reserves not separately identified above. Report dividend reinvestment plan reserve in this reporting item.

2.7. Total reserves

Sum the reporting items listed under “Reserves”.