Dagang NeXchange Berhad Annual Report 2019

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2019 (CONTINUED) DAGANG NeXCHANGE BERHAD 108 Attributable to owners of the Company Non-distributable Share Warrant Share option Accumulated Total Note capital reserve reserve losses equity Company RM’000 RM’000 RM’000 RM’000 RM’000 At 1 January 2018 353,502 5,691 998 (56,643) 303,548 Adjustment on initial application of MFRS 9, net of tax - - - (6,667) (6,667) At 1 January 2018, restated 353,502 5,691 998 (63,310) 296,881 Profit for the year - - - 19,028 19,028 Total comprehensive income for the year - - - 19,028 19,028 Contributions by and distributions to owners of the Company - Share options exercised 820 - (167) - 653 Total transactions with owners of the Company 820 - (167) - 653 At 31 December 2018/1 January 2019 354,322 5,691 831 (44,282) 316,562 Profit for the year - - - 5,878 5,878 Total comprehensive income for the year - - - 5,878 5,878 Contributions by and distributions to owners of the Company - Share options exercised 17 - (4) - 13 - Dividends to owners of the Company 28 - - - (8,790) (8,790) Total transactions with owners of the Company 17 - (4) (8,790) (8,777) At 31 December 2019 354,339 5,691 827 (47,194) 313,663 Note 16 Note 16 Note 16 The notes on pages 111 to 185 are an integral part of these financial statements.