Events 2005 - ChartNexus

136
Notes to the Financial Statements 31 December 2005
17. OTHER PAYABLES, ACCRUALS AND PROVISIONS (Continued)
The provision is in respect of unutilised staff leave carry forward:
Group Company
2005 2004 2005 2004
RM’000 RM’000 RM’000 RM’000
Balance as at 1 January 2,805 1,226 1,819 319
Provision during the financial year 3,545 1,545 3,232 1,500
Utilised during the financial year (2,469) – (1,697) –
Exchange adjustment (45) 34 – –
Balance as at 31 December 3,836 2,805 3,354 1,819
18. REDEEMABLE UNSECURED BONDS
The Company issued RM250,000,000 nominal amount of 4.0% Redeemable Unsecured Bonds 2000/2005 ("Bonds") constituted by
a Trust Deed dated 15 November 2000. The Bonds carried a coupon interest rate of 4.0% per annum payable semi-annually. The
Company redeemed the Bonds at their principal amount at maturity on 15 December 2005.
19. BANK OVERDRAFT – SECURED
Group
The bank overdraft as at 31 December 2004 was secured by a charge over certain freehold land and buildings of the Group. The
mortgage was discharged in August 2005.
20. SHARE CAPITAL
Group and Company
2005 2004
Number Number
of shares RM’000 of shares RM’000
’000 ’000
Ordinary shares of RM1.00 each:
Authorised 500,000 500,000 500,000 500,000
Issued and fully paid
Balance as at 1 January 327,394 327,394 318,203 318,203
Options exercised 6,657 6,657 5,955 5,955
Warrants exercised 34,382 34,382 3,236 3,236
Balance as at 31 December 368,433 368,433 327,394 327,394