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165
Maxis Berhad
Annual Report 2014
Notes to the
Financial Statements
31 December 2014
32 RESERVES (CONTINUED)
(c) Other reserves (continued)
Company
Note
Share-based
payments
RM’000
Cash flow
hedging
RM’000
Total
RM’000
2014
As at 1 January 2014
59,689
61,264
120,953
Net change in hedging:
- fair value gains
-
200,982
200,982
- reclassified to finance costs
11(b)
-
(219,673)
(219,673)
ESOS:
- share-based payment expense
2,389
-
2,389
- shares issued
(607)
-
(607)
- share options lapsed
(69)
-
(69)
Incentive arrangement:
- share-based payment expense
977
-
977
- shares acquired
(4,791)
-
(4,791)
As at 31 December 2014
57,588
42,573
100,161
2013
As at 1 January 2013
56,038
(105,680)
(49,642)
Net change in hedging:
- fair value gains
-
397,462
397,462
- reclassified to finance costs
11(b)
-
(230,518)
(230,518)
ESOS:
- share-based payment expense
4,353
-
4,353
- shares issued
(694)
-
(694)
- shares options lapsed
(8)
-
(8)
As at 31 December 2013
59,689
61,264
120,953
The share-based payments reserve comprises of:
(a) discount on shares issued to retail investors in relation to the Listing;
(b) fair value of share options granted less any shares issued under the ESOS; and
(c) fair value of shares less any shares acquired under the incentive arrangement.
