Accumulated Other Comprehensive (Loss) Income

12 Months Ended

Jun. 30, 2022

Accumulated Other Comprehensive (Loss) Income [Abstract]

Accumulated Other Comprehensive (Loss) Income

15.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, 2022, 2021 and 2020:

		Accumulated foreign currency translation reserve		Total
Balance as of July 1, 2019		$	(195,812)	$	(195,812)
	Release of foreign currency translation reserve: deconsolidation of CPS (Note 24)		32,451		32,451
	Release of foreign currency translation reserve: disposal of Net1 Korea (Note 24)		14,228		14,228
	Release of foreign currency translation reserve: disposal of DNI interest as an equity method investment (Note 9)		11,323		11,323
	Release of foreign currency translation reserve: disposal of FIHRST (Note 24)		1,578		1,578
	Movement in foreign currency translation reserve related to equity-accounted investment		2,227		2,227
	Movement in foreign currency translation reserve		(35,070)		(35,070)
Balance as of July 1, 2020			(169,075)		(169,075)
	Release of foreign currency translation reserve: the disposal of Bank Frick (Note 9)		(2,462)		(2,462)
	Release of foreign currency translation reserve: liquidation of subsidiaries		605		605
	Movement in foreign currency translation reserve related to equity-accounted investment		(1,967)		(1,967)
	Movement in foreign currency translation reserve		27,178		27,178
Balance as of July 1, 2021			(145,721)		(145,721)
	Release of foreign currency translation reserve: disposal of Finbond equity securities (Note 9)		587		587
	Release of foreign currency translation reserve: liquidation of subsidiaries		468		468
	Movement in foreign currency translation reserve related to equity-accounted investment		1,239		1,239
	Movement in foreign currency translation reserve		(25,413)		(25,413)
Balance as of June 30, 2022		$	(168,840)	$	(168,840)

During the year ended June 30, 2022, the Company reclassified $0.6 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the disposal of shares in Finbond (refer to Note 9). During the year ended June 30, 2021, the Company reclassified the following amounts from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss: $2.5 million related to the disposal of Bank Frick (refer to Note 9) and (ii) $0.6 million related to the liquidation of subsidiaries. During the year ended June 30, 2020, the Company reclassified the following amounts from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net (loss) income: (i) $32.5 million related to the deconsolidation of CPS (refer to 3), (ii) $14.2 million related to the disposal of Net1 Korea (refer to 3); (iii) $1.6 million related to the disposal of FIHRST (refer to 3), and (iv) $11.3 million related to the disposal of its DNI interest (refer to Note 9).