XML 43 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Accumulated Other Comprehensive (Loss) Income
12 Months Ended
Jun. 30, 2020
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

16. Accumulated other comprehensive (loss) income

The table below presents the change in accumulated other comprehensive (loss) income per component during the years ended June 30, 2020, 2019 and 2018:

16. Accumulated other comprehensive (loss) income

The table below presents the change in accumulated other comprehensive (loss) income per component during the years ended June 30, 2020, 2019 and 2018:

Accumulated foreign currency translation reserve (as restated)(A)Total (as restated)(A)
Balance as of July 1, 2017$(162 736)$(162 736)
Movement in foreign currency translation reserve related to equity-accounted investment(2 426)(2 426)
Movement in foreign currency translation reserve (19 188)(19 188)
Balance as of July 1, 2018(184 350)(184 350)
Release of foreign currency translation reserve related to DNI disposal (Note 3)5 8415 841
Release of foreign currency translation reserve related to disposal of DNI interest as an equity method investment (Note 10) (162)(162)
Movement in foreign currency translation reserve related to equity-accounted investment4 2514 251
Movement in foreign currency translation reserve (21 392)(21 392)
Balance as of July 1, 2019(195 812)(195 812)
Release of foreign currency translation reserve related to deconsolidation of CPS (Note 3)32 45132 451
Release of foreign currency translation reserve related to disposal of Net1 Korea (Note 3)14 22814 228
Release of foreign currency translation reserve related to disposal of DNI interest as an equity method investment (Note 10) 11 32311 323
Release of foreign currency translation reserve related to disposal of FIHRST (Note 3)1 5781 578
Movement in foreign currency translation reserve related to equity-accounted investment2 2272 227
Movement in foreign currency translation reserve (35 070)(35 070)
Balance as of June 30, 2020$(169 075)$(169 075)

Accumulated foreign currency translation reserve (as restated)(A)Total (as restated)(A)
Balance as of July 1, 2017$(162 736)$(162 736)
Movement in foreign currency translation reserve related to equity-accounted investment(2 426)(2 426)
Movement in foreign currency translation reserve (19 188)(19 188)
Balance as of July 1, 2018(184 350)(184 350)
Release of foreign currency translation reserve related to DNI disposal (Note 3)5 8415 841
Release of foreign currency translation reserve related to disposal of DNI interest as an equity method investment (Note 10) (162)(162)
Movement in foreign currency translation reserve related to equity-accounted investment4 2514 251
Movement in foreign currency translation reserve (21 392)(21 392)
Balance as of July 1, 2019(195 812)(195 812)
Release of foreign currency translation reserve related to deconsolidation of CPS (Note 3)32 45132 451
Release of foreign currency translation reserve related to disposal of Net1 Korea (Note 3)14 22814 228
Release of foreign currency translation reserve related to disposal of DNI interest as an equity method investment (Note 10) 11 32311 323
Release of foreign currency translation reserve related to disposal of FIHRST (Note 3)1 5781 578
Movement in foreign currency translation reserve related to equity-accounted investment2 2272 227
Movement in foreign currency translation reserve (35 070)(35 070)
Balance as of June 30, 2020$(169 075)$(169 075)

Certain amounts have been restated to correct the misstatement discussed in Note 1

16. Accumulated other comprehensive (loss) income (continued)

16. Accumulated other comprehensive (loss) income (continued)

During the year ended June 30, 2020, the Company reclassified $32,5 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income related to the deconsolidation of CPS (refer to Note 3). During the year ended June 30, 2020, the Company reclassified $14,2 million and $1,6 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income related to the disposal of Net1 Korea and FIHRST, respectively (refer to Note 3). During the year ended June 30, 2020, the Company reclassified $11,3 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income related to the disposal of DNI interest (refer to Note 10).

During the year ended June 30, 2019, the Company reclassified $5,8 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income related to the DNI disposal (refer to Note 1 and Note 3) and reclassified $0,2 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income related to the disposal of the DNI interest as an equity method investment (refer to Note 1 and Note 10).

There were no reclassifications from accumulated other comprehensive loss to comprehensive (loss) income during the year ended June 30, 2018.