NOTES TO THE FINANCIAL STATEMENTS  for the year ended 30 June 2001 CABCHARGE AUSTRALIA LIMITED  ABN 99 001 958 390 AND CONTROLLED ENTITIES 26 15 Contributed Equity (a) Composition of Issued Capital 109,081,475 (2000:107,664,812)  fully paid ordinary shares 68,164,696 66,181,366  68,164,696 66,181,366  (b) Movements in Ordinary Shares At the beginning of the reporting period 66,181,366 31,790,286  66,181,366  31,790,286 Shares issued during the year (i) On Float  37,617,696 on 14 December 1999 - 37,089,295  - 37,089,295 (ii) Options exercised during the year 916,665 on 16 August 2000 1,283,331 - 1,283,331  - 416,666 on 22 September 2000 583,333 - 583,333 - 83,333 on 29 June 2001 116,666 - 116,666 - Transaction costs relating to share issues - (2,698,215) - (2,698,215)  Total at reporting date 68,164,696 66,181,366  68,164,696  66,181,366  (c) Options over unissued shares: The total number of options granted during the year  is 500,000 (2000: 4,500,000), being 250,000 to  Mr Ian Armstrong and 250,000 to Mr Neville Wran. The total number of options granted but not yet  exercised is 3,583,336 at 30 June 2001.  These options may only be exercised as follows; $^{1}$/ 3 rd of the total number of options between  30 June 2000 and 30 June 2001  $^{2}$/ 3 rds of the total number of options between  30 June 2001 and 30 June 2002  All options during the final exercise period  Options expire 5 years from date of issue.  The Board can extend the expiry date. Exercise Price $1.40 for the first third of options exercised $1.50 for the second third of options exercised $1.60 for the final third of options exercised 16 Reserves (a) Composition Asset revaluation reserve 1,182,769  202,587  1,182,769 202,587 (b) Movement During The Year Asset revaluation reserve Balance at beginning of the financial year 202,587 675,696  202,587 675,696 Revaluation increment on investments 980,182 62,644  980,182  62,644 Transfer of realised profits on investments to  Retained Profits - (535,753) - (535,753) Balance at the end of the financial year 1,182,769 202,587  1,182,769  202,587 Economic Entity Parent Entity 2001 2000 2001 2000 $ $ $ $