Equity Participant in the Balance Sheet

1. (a) Authorized capital

(i) Consisting of shares registered with the Registrar of Companies.

(ii) The following details shall be stated:
(a) The number of share units
(b) Dividend rate (for preference shares)
(c) The type of shares
(d) The par value of each share

(iii) The amount of authorized capital is not added to another liability.

(b) Issued and paid-up capital

(i) Consisting of issued and paid-up shares.

(ii) The number of share units, dividend rate (for priority shares),
share type and par value of each share must be stated.

(iii) The amount for issued capital must be less than the registered