Page 149 - RFHL ANNUAL REPORT 2024_ONLINE
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16. Other liabilities
2024 2023
Accounts payable and accruals 1,766 1,551
Deferred income 5 3
Claims reserves (insurance companies only) 169 161
Other 180 174
2,120 1,889
17. Stated capital
Authorised
An unlimited number of shares of no par value
Number of ordinary
shares (’000)
2024 2023 2024 2023
Issued and fully paid
At beginning of year 162,790 162,992 932 913
Shares issued/proceeds from shares issued 61 141 6 13
Shares purchased for profit sharing scheme (205) (728) – –
Share-based payments – – 5 6
Allocation of shares 403 385 – –
At end of year 163,049 162,790 943 932
The following reflects the calculation of the effect of the issue of stock options on the weighted average number of ordinary
shares.
2024 2023
Weighted average number of ordinary shares 163,007 162,906
Effect of dilutive stock options 178 422
Weighted average number of ordinary shares adjusted for the effect of dilution 163,185 163,328
