Non-Controlling Interests

12 Months Ended

Apr. 30, 2023

Disclosure Of Non Controlling Interest [Abstract]

27.	NON-CONTROLLING INTERESTS


	Share of net assets of subsidiaries
	US$
At May 1, 2020		—
Loss for the year attributable to non-controlling interests		(803	)
Exchange differences arising on translation		49
Non-controlling interests arising on the acquisition of subsidiaries (note 14(b))		4,002

At April 30, 2021		3,248
Loss for the year attributable to non-controlling interests		(1,653	)
Exchange differences arising on translation		(52	)
Issue of shares (note 26 )		57
Share-based compensation (note 31)		914

At April 30, 2022		2,514
Loss for the year attributable to non-controlling interests		(1,597	)
Exchange differences arising on translation		(475	)
Surplus on revaluation of hotel properties		586
Share of other comprehensive expense of joint ventures		(3	)
Non-controlling interests arising on the acquisition of subsidiaries (note 14(a))		62,130

At April 30, 2023		63,155

Name of subsidiaries	Proportion of ownership interests and/or voting rights held by non- controlling interests					Loss allocated to non- controlling interests for the year						Non-controlling interests
	30/4/2022		30/4/2023			30/4/2022			30/4/2023			30/4/2022		30/4/2023
						US$			US$			US$		US$


Fine Cosmos Development Limited		—		51	%		—			(762	)		—		25,315
RCC Holdings Limited and Hotel Versante Limited		—		49	%		—			(47	)		—		33,772
Individually immaterial subsidiaries with non-controlling interests							(1,653	)		(788	)		2,514		4,068

							(1,653	)		(1,597	)		2,514		63,155

There are no sig

ificant restrictions on the ability of the Group to access or use assets and settle liabilities.

Summarised financial information in respect of each of the Group’s subsidiaries that has material non-controlling interests is set out below. The summarised financial information below represents amounts before intragroup eliminations.


	As of April 30, 2023
	Fine Cosmos Development Limited			RCC Holdings Limited and Hotel Versante Limited
	US$			US$




Current assets		4,330			1,666
Non-current assets		171,977			69,374
Current liabilities		(126,670	)		(2,117	)
Equity attributable to owners of the Company		24,322			35,151
Non-controlling interests		25,315			33,772



	February 6, 2023 to April 30, 2023
	Fine Cosmos Development Limited			RCC Holdings Limited and Hotel Versante Limited
	US$			US$



Revenue		1,087			1,107
Expenses		(2,565	)		(1,199	)
Loss for the period		(1,478	)		(92	)
Loss attributable to owners of the Company		(716	)		(45	)
Loss attributable to the non-controlling interests		(762	)		(47	)

Loss for the period		(1,478	)		(92	)