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Accumulated Other Comprehensive Loss
3 Months Ended
Sep. 30, 2022
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

11.Accumulated other comprehensive loss

 

The table below presents the change in accumulated other comprehensive (loss) income per component during the three months ended September 30, 2022:

 

 

 

 

 

 

 

 

Three months ended

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

 

 

 

 

 

 

 

 

Accumulated foreign currency translation reserve

 

 

Total

 

 

Balance as of July 1, 2022

 

 

 

 

$

(168,840)

 

$

(168,840)

 

 

 

Release of foreign currency translation reserve related to the disposal of Finbond equity securities (Note 5)

 

 

2

 

 

2

 

 

 

Movement in foreign currency translation reserve related to equity-accounted investment

 

 

2,441

 

 

2,441

 

 

 

Movement in foreign currency translation reserve

 

 

(22,093)

 

 

(22,093)

 

 

 

 

Balance as of September 30, 2022

 

 

 

 

$

(188,490)

 

$

(188,490)

 

11.Accumulated other comprehensive loss (continued)

The table below presents the change in accumulated other comprehensive (loss) income per component during the three months ended September 30, 2021:

 

 

 

 

 

Three months ended

 

 

 

 

 

 

September 30, 2021

 

 

 

 

 

 

 

Accumulated foreign currency translation reserve

 

 

Total

 

 

Balance as of July 1, 2021

 

$

(145,721)

 

$

(145,721)

 

 

 

Movement in foreign currency translation reserve related to equity-accounted investment

 

 

(644)

 

 

(644)

 

 

 

Movement in foreign currency translation reserve

 

 

(5,913)

 

 

(5,913)

 

 

 

 

Balance as of September 30, 2021

 

$

(152,278)

 

$

(152,278)

 

During the three months ended September 30, 2022, the Company reclassified $0.002 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 5). There were no reclassifications from accumulated other comprehensive loss to net (loss) income during the three months ended September 30, 2021.