Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

146
Notes to the Financial Statements
For the fi nancial year ended 31 December 2011
33. Other current liabilities
Cahya Mata Sarawak Berhad
Group
2011 2010
RM’000 RM’000
Progress billings in respect of property development costs 6,184 10,112
Amount due to customers for contract work (Note 26) 3,378 2,083
Provision for liabilities - 400
9,562 12,595
Provision for liabilities was in relation to the provision for resettlement costs.
34. Share capital
Group/Company
Number of ordinary
shares of RM1 each Amount
2011 2010 2011 2010
‘000 ‘000 RM’000 RM’000
Issued and fully paid
At 1 January 329,446 329,446 329,446 329,446
Exercise of employee share options (Note 38) 35 - 35 -
At 31 December 329,481 329,446 329,481 329,446
Authorised
At 1 January and 31 December 1,000,000 1,000,000 1,000,000 1,000,000
The holders of ordinary shares are entitled to receive dividends as and when declared by the Company. All
ordinary shares carry one vote per share without restrictions and rank equally with regard to the Company’s
residual assets.
The Company has an employee share option plan under which options to subscribe for the Company’s
ordinary shares have been granted to employees of the Group.
35. Share premium
Group Company
2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
At 1 January 427,516 427,516 427,513 427,513
Exercise of employee share options 74 - 74 -
At 31 December 427,590 427,516 427,587 427,513