Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 79 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 (CONT’D) Distributable Share Treasury Retained Total capital shares earnings Equity The Company RM RM RM RM Balance at 1 January 2020 118,925,352 (663,237) 29,738,270 148,000,385 Profit after taxation/Total comprehensive income for the financial year - - 59,139,407 59,139,407 Contribution by and distributions to owners of the Company: - Dividend - - (28,295,150) (28,295,150) Balance at 31 December 2020 118,925,352 (663,237) 60,582,527 178,844,642 Balance at 1 January 2021 118,925,352 (663,237) 60,582,527 178,844,642 Profit after taxation/Total comprehensive income for the financial year - - 82,870,156 82,870,156 Contribution by and distributions to owners of the Company - Purchase of treasury shares - (4,120,170) - (4,120,170) - Disposal of treasury shares - 35,558 1,619,857 1,655,415 - Share issuance expenses (484,307) - - (484,307) - Dividend - - (52,907,389) (52,907,389) Balance at 31 December 2021 118,441,045 (4,747,849) 92,165,151 205,858,347 The accompanying Notes form an integral part of these Financial Statements.
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