Page 4 University of Technology, Jamaica Statement of Changes in Reserves Year ended 31 March 2020 (expressed in Jamaican dollars unless otherwise indicated) Appropriated Surplus Unappropriated Surplus Total $’000 $’000 $’000 Balance at 1 April 2018 155,767 3,589,182 3,744,949 Net surplus for year - 147,614 147,614 Re-measurement of post-employment benefit obligations - 310,388 310,388 Total comprehensive income for year - 458,002 458,002 Balance at 31 March 2019 155,767 4,047,184 4,202,951 Net loss for the year - (771,998) (771,998) Re-measurement of post-employment benefit obligations - (517,214) (517,214) Total comprehensive income for year - (1,289,212) (1,289,212) Balance at 31 March 2020 155,767 2,757,972 2,913,739 University of Technology, Jamaica 120
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