ANNUALREPORT 2013
95
Notes to theFinancial Statements
(Cont’d)
12) DEFERREDEXPENDITURE
Deferred expenditure of the Group and of the Company represents professional charges and
expenses incurred inconnectionwith theproposed transfer listingexerciseof theCompany. The
deferredexpenditurewill be charged toprofit and loss upon the successful transfer listingof the
Company from theACEMarket of Bursa Malaysia Securities Berhad to Main Market of Bursa
Malaysia Securities Berhad. The Company was successfully transferred from ACE Market of
BursaMalaysia Securities Berhad toMainMarket of BursaMalaysia Securities Berhad during
the financial year and hence, the deferred expenditurewas charged to profit or loss.
13) DEPOSITSWITHLICENSEDBANKS
Depositswith licensedbank represent fixeddepositswhicharepledged to the licensedbanks for
banking facilities granted. Deposits of theGrouphaveanaveragematurity periodof 12months.
Bank balances are deposits held at call with banks. Deposits of theGroup earn return at 3.15%
(2012: 2.50%) per annum.
14) SHARECAPITAL
GROUPAND
GROUPAND
COMPANY
COMPANY
No. of ordinary sharesof
Amount
RM0.10 each
2013
2012
2013
2012
RM
RM
Authorised
Balance as at beginning
of year
1,000,000,000 500,000,000 100,000,000 50,000,000
Created during the year
1,000,000,000 500,000,000 100,000,000 50,000,000
Balance as at end of year
2,000,000,000 1,000,000,000 200,000,000 100,000,000
Issued and fully paid
Balance as at beginning
of year
501,600,000 228,000,000
50,160,000 22,800,000
Issued during the year
539,717,137 273,600,000
53,971,714 27,360,000
Balance as at end of
the year
1,041,317,137 501,600,000 104,131,714 50,160,000
