Bursa Malaysia • Annual Report 2013
153
Financial Reports
29. Other payables
Group
Company
31.12.2013
31.12.2012
1.1.2012
31.12.2013
31.12.2012
1.1.2012
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
(Restated)
(Restated)
(Restated)
(Restated)
Accruals
18,071
21,564
11,569
14,985
19,394
9,496
Amount due to SC
3,963
2,849
3,550
-
-
-
CMEIF
17,701
15,398
13,121
17,701
15,398
13,121
Provision for employee benefits
28,268
22,577
21,134
25,619
20,889
19,253
Receipts in advance
2,536
11,659
11,186
791
10,041
9,891
Sundry payables
18,595
20,432
19,353
7,403
8,674
10,210
89,134
94,479
79,913
66,499
74,396
61,971
Included in sundry payables of the Group is cash received for eDividend distributions amounting to RM1,225,000 (2012: RM1,828,000).
30. Compensation funds
The Group maintains the following funds to compensate investors who have suffered losses under the circumstances specified in the relevant rules and
regulations.
The net assets of the funds are as follows:
2013
2012
RM’000
RM’000
Bursa Malaysia Securities Berhad - Compensation Fund (BMSB - CF)
-
313,270
Bursa Malaysia Derivatives Berhad - Fidelity Fund (BMDB - FF)
-
14,537
Bursa Malaysia Depository Sdn Bhd - Compensation Fund (Depository - CF)
50,000
50,000
The assets of the funds are segregated from the financial statements of the Group and are accounted for separately.
(a) BMSB - CF and BMDB - FF
The functions and funds of BMSB - CF and BMDB - FF were transferred to Capital Market Compensation Fund Corporation (CMC) during the financial
year pursuant to Part IV of the Capital Markets and Services (Amendment) Act, 2012 (Amendment Act).
Prior to the Amendment Act, BMSB - CF and BMDB - FF were established, maintained and administered by Bursa Malaysia Securities and
Bursa Malaysia Derivatives respectively.
Notes to the Financial Statements
31 December 2013
