BIMB Integrated Annual Report 2017

25. RESERVES (CONTINUED) 25.2 Other reserves CAPITAL STATUTORY WARRANT FAIR VALUE TRANSLATION REGULATORY LTIP* RESERVE RESERVE RESERVE RESERVE RESERVE RESERVE RESERVE TOTAL GROUP RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 1 January 2016 6,863 992,022 129,300 (16,356) (123,644) – 4,613 992,798 Foreign exchange translation differences – – – – (15,347) – – (15,347) Fair value reserve: Net change in fair value – – – 15,769 – – – 15,769 Net amount reclassified to profit or loss – – – (50,659) – – – (50,659) Income tax credit relating to components of other comprehensive income – – – 8,645 – – – 8,645 Transfer from current year profit – 132,752 – – – – – 132,752 Share-based payment transactions – – – – – – 3,927 3,927 LTIP* exercised – – – – – – (3,929) (3,929) Issue of shares pursuant to conversion of warrants – – –^ – – – – – At 31 December 2016/ 1 January 2017 6,863 1,124,774 129,300 (42,601) (138,991) – 4,611 1,083,956 Foreign exchange translation differences – – – – 42,376 – – 42,376 Fair value reserve: Net change in fair value – – – 47,298 – – – 47,298 Net amount reclassified to profit or loss – – – (6,695) – – – (6,695) Income tax expense relating to components of other comprehensive income – – – (8,958) – – – (8,958) Transfer of reserve fund to retained earnings – (1,124,774) – – – – – (1,124,774) Transfer of retained earnings to regulatory reserve – – – – – 64,645 – 64,645 Share-based payment transactions – – – – – – 4,376 4,376 LTIP* exercised – – – – – – (1,702) (1,702) At 31 December 2017 6,863 – 129,300 (10,956) (96,615) 64,645 7,285 100,522 * Long Term Incentive Plan of Takaful Malaysia as disclosed in Note 26 ^ Conversion of warrants amounted to RM242.41 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 227 Overview Value Creation Accountability Financial Statements Sustainability Performance Data Shareholders Information 21 st AGM Information Management Discussion & Analysis a