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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
25. OTHER RESERVES (CONT’D)
The nature and purpose of each category of reserve are as follows: (Cont’d)
(c) Employee share reserve
Employee share reserve represents the equity-settled share options and shares granted to employees
and directors under the ESOS and RSGS, respectively. 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 shares, under the ESOS and RSGS, respectively and is reduced by
the expiry or exercise of the share options.
26. RETAINED EARNINGS
As at 31 March 2016, the Company may distribute the entire balance of the retained earnings under the
single tier system.
27. FINANCE LEASE OBLIGATIONS
Group
2016
2015
RM’000 RM’000
Miminum lease payments
- due no later than one year
726
502
- due later than one year and no later than 5 years
3,697
1,182
- due later than 5 years
84,671
30,083
Total minimum lease payments
89,094
31,767
Less: Amounts representing finance charges
(71,649)
(26,182)
Present value of minimum lease payments
17,445
5,585
Present value of finance lease payables
- due no later than one year
646
491
- due later than one year and no later than 5 years
2,257
953
- due later than 5 years
14,542
4,141
Present value of minimum lease payments
17,445
5,585
Less: Amount due within 12 months
(646)
(491)
Amount due after 12 months
16,799
5,094