159 / 188
155
NOTES TO THE FINANCIAL STATEMENTS
F i m a C o r p o r at i o n B e r h a d ( 2 1 1 8 5 - P ) •
A n n u a l R e p o r t 2 0 1 8
25. OTHER RESERVES (CONT’D.)
(c) Equity Contribution from Parent (Cont’d.)
(i)
ESOS (Cont’d.)
The following table lists the inputs to the pricing models for the years ended 31 March 2018 and 2017:
Binomial option
pricing model
2018
2017
Dividend Yield (%)
-
4.89
Expected volatility (%)
-
39.93
Risk-free interest rate (% p.a.)
-
1.83
Weighted average share price (RM)
-
1.82
The expected life of the options is based on historical data and is not necessarily indicative of exercise patterns
that may occur. The expected volatility reflects the assumption that the historical volatility over a period similar to
the life of the options is indicative of future trends, which may not necessarily be the actual outcome.
(ii) RSGS
The following table illustrates the movements of shares vested under the RSGS during the financial year:
Movement of shares under RSGS during the financial year
Group
2018
2017
Number
Number
Outstanding at 1 April 2017/2016
-
-
Granted
-
134,000
Vested
-
(134,000)
Outstanding at 31 March
-
-
The vesting of the RSGS shares is conditional upon the satisfaction of the performance targets of the Group and
all other conditions as set out in the ESS Bye-Laws.