NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
Financial Statements
130
COSCO Corporation (Singapore) Limited
30.
Share capital
(continued)
Share options (continued)
Movements in the number of unissued ordinary shares under option at the end of the financial year and
their exercise prices are as follows:
The Group and the Company
Financial year ended 31 December 2014
Number of ordinary shares
under option outstanding
Beginning
of financial
year
Lapsed
during
financial
year
End of
financial
year
Exercise
price
Exercise period
’000
’000
’000
$
2006 Options
550
–
550
1.23 21.2.2007 - 20.2.2016
2007 Options
3,750
(300)
3,450
2.48 5.2.2008 - 4.2.2017
2008 Options
8,910
(500)
8,410
2.95 24.3.2009 - 23.3.2018
13,210
(800)
12,410
Financial year ended 31 December 2013
Number of ordinary shares
under option outstanding
Beginning
of financial
year
Lapsed
during
financial
year
End of
financial
year
Exercise
price
Exercise period
’000
’000
’000
$
2006 Options
550
–
550
1.23 21.2.2007 - 20.2.2016
2007 Options
6,250
(2,500)
3,750
2.48 5.2.2008 - 4.2.2017
2008 Options
12,750
(3,840)
8,910
2.95 24.3.2009 - 23.3.2018
19,550
(6,340)
13,210
As at 31 December 2014 and 2013, all outstanding options are exercisable. There was no share option
issued in 2014 and 2013. There were also no shares of the Company allotted and issued by virtue of the
exercise of options to take up unissued shares of the Company in 2014 and 2013.
31.
Statutory and other reserves
The Group
The Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
(a)
Composition:
Share option reserve
44,578
44,578
44,578
44,578
Statutory reserve
234,106
225,497
–
–
Currency translation reserve
5,322
(28,031)
–
–
Asset revaluation reserve
–
2,900
–
–
Fair value reserve
253
126
–
–
Other reserve
69
69
527
527
284,328
245,139
45,105
45,105
