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158

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