cont'd - KNM Steel Sdn Bhd

86KNM GROUP BERHAD I Annual Report 2012Notes to the Financial Statements (cont’d)14. Cash and cash equivalentsGroup31.12.2012 31.12.2011 1.1.2011RM’000 RM’000 RM’000Cash and bank balances 182,913 341,381 211,390Deposits with licensed banks 8,888 65,061 79,135Deposits with other financial institutions – 9,987 5,712191,801 416,429 296,237Company31.12.2012 31.12.2011 1.1.2011RM’000 RM’000 RM’000Cash and bank balances 17,830 622 518Deposits with other financial institutions – – 3,25917,830 622 3,77715. Capital and reserves15.1 Share capitalOrdinary shares of RM1.00/RM0.25* eachGroup and Company31.12.2012 31.12.2011 1.1.2011Number Number Numberof shares Amount of shares Amount of shares Amount’000 RM’000 ’000 RM’000 ’000 RM’000Authorised:At 1 January 1,250,000 1,250,000 1,250,000 1,250,000 5,000,000* 1,250,000Share Consolidation* – – – – (3,750,000) –Created during the year 1,000,000 1,000,000 – – – –At 31 December 2,250,000 2,250,000 1,250,000 1,250,000 1,250,000 1,250,000Ordinary shares of RM1.00/RM0.25* eachIssued and fully paid shares:At 1 January 1,001,093 1,001,093 1,001,093 1,001,093 4,004,370* 1,001,093Movement during the yearpursuant to:- Share Consolidation* – – – - (3,003,277) –- Issue of ordinary sharespursuant to rights issue 488,921 488,921 – – – –- Allocation of warrantreserve – (44,981) – – – –At 31 December 1,490,014 1,445,033 1,001,093 1,001,093 1,001,093 1,001,093* Share consolidation of every four (4) ordinary shares of RM0.25 each into one (1) ordinary shareof RM1.00 each.