MSM Malaysia Holdings Berhad Annual Report 2020

COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Non-distributable Merger Cash flow Share relief hedge capital reserve reserve Accumulated (Note 30) (Note 31) (Note 31) losses Total Company RM’000 RM’000 RM’000 RM’000 RM’000 2020 At 1 January 2020 718,255 1,733,939 (4,968) (772,240) 1,674,986 Profit for the financial year - - - 47,318 47,318 Other comprehensive (loss)/income for the financial year, net of tax: Item that will be subsequently reclassified to profit or loss - cash flow hedges - - (4,241) - (4,241) Total comprehensive (loss)/income for the financial year - - (4,241) 47,318 43,077 At 31 December 2020 718,255 1,733,939 (9,209) (724,922) 1,718,063 2019 At 1 January 2019 718,255 1,733,939 561 (413,584) 2,039,171 Loss for the financial year - - - (358,656) (358,656) Other comprehensive loss for the financial year, net of tax: Item that will be subsequently reclassified to profit or loss - cash flow hedges - - (5,529) - (5,529) Total comprehensive loss for the financial year - - (5,529) (358,656) (364,185) At 31 December 2019 718,255 1,733,939 (4,968) (772,240) 1,674,986 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 138 CHAIRMAN’S STATEMENT DELIVERING VALUE MSM OVERVIEW MANAGEMENT DISCUSSION & ANALYSIS GROUP FINANCIAL REPORT