Core Capital (for Ancillary Service Providers)
Core capital refers to:
(a) Issued and fully paid ordinary shares (net of treasury shares);
(b) Share premium reserve;
(c) All disclosed reserves brought forward, that are audited and approved by the shareholders, in the form of legal, general and other reserves created by appropriations of retained earnings, excluding fair value reserve;
(d) Retained profit brought forward;
Less:
(e) Current interim cumulative net losses; and
(f) Other deductions, as specified by the CBB.
Interim profits which have been reviewed as per IAS 34 may be included as
Added: April 2016