Page 148 - ACCESS ANNUAL REPORT 2019

NOTES (continued)
A a o nts are in tho sands o hana edis n ess otherwise stated
Other iabi ities
he ro p The Bank
2019
2018
2019
2018
reditors and accrua s ease ia i ities ote 2
, ,
38,279
, ,
39,180
,
38,279
,
39,180
Current on current
, ,
29,579 8,700
, ,
30,480 8,700
a ease iabi ities
he ro p The Bank
2019
2018
2019
2018
Ba ance as 1 anuary ddition
Interest expense
, 605 ,

, 605 ,

,
,
apita and reserves
Stated apita
he authorised shares o the Ban is 500,000,000,000 ordinary shares o no par value o which 1 3,9 ,59 201 1 3,9 ,59 shares have een issued. he movement is as ollows
2019
2018
2019
2018
ber o shares Proceeds ‘000
t 1 anuary
ransfer from income surp us ight issue of shares
, , , , - - - , ,
, , - , - ,
t 1 ecem er , , , , , ,
here are no calls or unpaid lia ility on any shares and there are no treasury shares. All shares were issued or cash consideration.
nco e s rp s
Income surplus account represents the residual o cumulative annual profits. he movement in the income surplus account is shown as part o the statement o chan es in e uity.
Statutory reserve
Statutory reserve represents trans er rom income surplus account to reserve in accordance with the re ulatory re uirement o Section 3 1 o the Ban s and Specialised Deposit a in Institutions Act, 201 Act 930 . he movement is included in the statement o chan es in e uity.
147