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FINANCIAL REPORTS
161
Bursa Malaysia •
Annual Report 2015
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2015
26. Other reserves
Group
Company
Note
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Capital redemption reserve
(a)
5,250
5,250
-
-
Foreign currency translation reserve
(b)
710
204
-
-
Share grant reserve
(c)
10,049
7,496
10,049
7,496
Clearing fund reserves
(d)
30,000
30,000
-
-
AFS reserve
(e)
63,866
33,708
64,177
34,018
109,875
76,658
74,226
41,514
(a) Capital redemption reserve
The capital redemption reserve relates to the capitalisation of retained earnings arising from the redemption of preference shares by the following
subsidiaries:
Group
2015
2014
RM’000
RM’000
Bursa Malaysia Depository
5,000
5,000
Bursa Malaysia Securities
250
250
5,250
5,250
The capital redemption reserve is non-distributable in the form of dividends but may be applied in paying up unissued shares of the subsidiaries
to be issued to the shareholder of the subsidiaries as fully paid bonus shares.
(b) Foreign currency translation reserve
The foreign currency translation reserve is used to record exchange differences arising from the translation of the financial statements of a
subsidiary whose functional currency differs from the Group’s presentation currency.
(c) Share grant reserve
The share grant reserve represents the value of equity-settled shares granted to employees under the SGP. This reserve is made up of the
cumulative value of services received from employees recorded on grant of shares.
(d) Clearing fund reserves
Group
Note
2015
2014
RM’000
RM’000
Amount set aside for:
CGF, in accordance with Rules of Bursa Malaysia Securities Clearing
(i)
25,000
25,000
DCF, in accordance with Rules of Bursa Malaysia Derivatives Clearing
(ii)
5,000
5,000
30,000
30,000