Notes to the Financial Statements (continued)  CONSOLIDATED  PARENT  2003  2002  2003  2002  $000  $000  $000  $000  25. Other Liabilities (Non-Current)  Lease incentives 2,804  2,875  -  -  Unearned revenue 1,189  2,409  -  -  Total other liabilities (non-current)  3,993  5,284  -  -  26. Contributed Equity  Ordinary shares (a)  246,591  246,591  246,591  246,591  Outside equity interests  53,644  56,400  -  -  Total contributed equity  300,235  302,991  246,591  246,591  Number of Ordinary Shares  2003  2002  (a)  Movements in issued shares for the year:  Opening number of shares  1,055,893,449  1,018,176,420  Rights Issue on 14 January 2002  -  37,717,029  Closing number of shares  1,055,893,449  1,055,893,449  Ordinary Shares - Terms and Conditions  Ordinary shares have the right to receive dividends as declared and, in the event of winding up the company, to  participate in any surplus on winding up in proportion to the number of and amounts paid up on shares held.  Each ordinary share entitles the holder to one vote, either in person or by proxy, at a meeting of the company.  Share Options  Harvey Norman Holdings Limited  On 21 November 2000, in accordance with a Special Resolution passed at the annual general meeting of members of  the parent company, options to take up ordinary shares in the capital of the parent company at an exercise price of  $4.10 per option were granted to the trustees of separate trusts for the benefit of each of John Slack-Smith and family  (2,000,000 options) and Stephen Hauville and family (2,000,000 options) (collectively the “November 2000 Options”).  Each of the November 2000 Options: (a)  is not capable of being exercised prior to 1 July 2003; and (b)  expires at midnight on 30 June 2005.  Each of the November 2000 Options was valued, as at the date of grant 21 November 2000, at $1.2665 per  option;  The options issued to the trustee of the trust for the benefit of John Slack-Smith and family had a total option  value of $2,533,000 as at the grant date. The value included in the disclosure of the remuneration to John Slack- Smith for the year ended 30 June 2003 is $971,161. This is calculated as the number of days in the financial  year over the total number of days in the option vesting period multiplied by the number of options granted at the  Black-Scholes price of $1.2665.  The options issued to the trustee of the trust for the benefit of Stephen Hauville and family had a value of  $2,533,000. The value included in the disclosure of the remuneration to Stephen Hauville for the year ended 30  June 2003 is $971,161. This is calculated as the number of days in the financial year over the total number of  days in the option vesting period multiplied by the number of options granted at the Black-Scholes price of  $1.2665.  The November 2000 Options have not been exercised. For the purposes of disclosure, the Black-Scholes option pricing formula was utilised in the manner set out in the  notice of general meeting of shareholders to approve the November 2000 Options, so that:  46  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 