Ann: App 2A - Application for Quotation on Exercise of Options, page-5

also when company receive cash for option then they have to enter it in the cashflow as income and normally companies provide those revenue separate to other source of revenue and mark it as a "cash received from option exercise."

but in CNW case I can only see option cost inside "expense" section of the report. so what is that expense mentioned in the screenshot above?

please let me know where financial report of CNW you spotted option as income or revenue.