Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

36. Other reserves (contd.)
Company
Employees’
Capital Merger share option
reserve reserve reserve Total
RM’000 RM’000 RM’000 RM’000
At 1 January 2010 12,633 168,000 - 180,633
Grant of equity-settled share options to employees - - 4,243 4,243
At 31 December 2010 and 1 January 2011 12,633 168,000 4,243 184,876
Grant of equity-settled share options to employees - - 6,390 6,390
Exercise of employee share options - - (32 ) (32 )
At 31 December 2011 12,633 168,000 10,601 191,234
(a) Capital reserve
Capital reserve of the Group comprises accretion from shares issued by subsidiaries, retained earnings
capitalised for bonus issues by subsidiaries, surplus arising from revaluation of land and buildings as
well as share of capital reserve in an associate.
Capital reserve of the Company represents surplus arising from revaluation of land and buildings.
(b) Translation reserve
Translation reserve of the Group represents foreign exchange differences arising from the translation
of the fi nancial statements of foreign subsidiaries and associates whose functional currencies are different
from that of the Group’s presentation currency.
(c) Statutory reserve
Statutory reserve of the Group are maintained by the investment banking subsidiary of an associate in
compliance with Section 36 of the Banking and Financial Institutions Act, 1989 and are not distributable
as dividends.
(d) Fair value reserve
Fair value reserve comprises the cumulative fair value changes, net of tax, of available-for-sale fi nancial
assets of an associate until they are disposed off or impaired.
(e) Employees’ share option reserve
Notes to the Financial Statements
For the fi nancial year ended 31 December 2011
Employees’ share option reserve represents the equity-settled share options granted to employees
(Note 38). The reserve is made up of the cumulative value of services received from employees
recorded over the vesting period commencing from the grant date of equity-settled share options, and
is reduced by the expiry or exercise of the share options.
Annual Report 2011 149