Maxis Berhad | Annual Report 2013

147 OVERVIEW OUR BUSINESS STRATEGIC REVIEW CORPORATE GOVERNANCE FINANCIAL STATEMENTS Maxis Berhad Annual Report 2013 OTHER INFORMATION 32 RESERVES (CONTINUED) (b) Reserve arising from reverse acquisition The difference between the issued equity of the Company and issued equity of Maxis Mobile Services Sdn. Bhd. together with the deemed purchase consideration of subsidiaries other than Maxis Mobile Services Sdn. Bhd. and the cash distribution to MCB, is recorded as reserve arising from reverse acquisition. (c) Other reserves SHARE-BASED PAYMENTS IN CASH CURRENCY RELATION TO SHARE FLOW TRANSLATION GROUP NOTE THE LISTING OPTIONS HEDGING DIFFERENCES TOTAL RM’000 RM’000 RM’000 RM’000 RM’000 2013 As at 1 January 2013 53,074 2,964 (105,680) (20) (49,662) Currency translation differences – – – (29) (29) Net change in hedging: - fair value gains – – 397,462 – 397,462 - reclassified to finance costs 11(b) – – (230,518) – (230,518) Share options granted – 4,353 – – 4,353 Shares issued – (694) – – (694) Share options lapsed – (8) – – (8) As at 31 December 2013 53,074 6,615 61,264 (49) 120,904 2012 As at 1 January 2012 53,074 668 (208,649) 15 (154,892) Currency translation differences – – – (35) (35) Net change in hedging: - fair value losses – – (6,864) – (6,864) - reclassified to finance costs 11(b) – – 109,833 – 109,833 Share options granted – 2,427 – – 2,427 Shares issued – (131) – – (131) As at 31 December 2012 53,074 2,964 (105,680) (20) (49,662)