GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 73 STAT EMENTS OF CHANGES I N EQU I T Y f o r t h e f i n a n c i a l y e a r e n d e d 3 1 D e c e m b e r 2 0 1 8 Group Note Non-distributable Distributable Total attributable to owners of the parent Non- controlling interests Total equity Share capital Treasury shares Share premium Exchange translation reserve Share options reserve Retained earnings RM RM RM RM RM RM RM RM RM Balance as at 1 January 2017 130,944,998 (638,221) 72,824,729 2,724,985 162,236 53,126,484 259,145,211 75,605 259,220,816 Profit for the financial year - - - - - 20,451,147 20,451,147 53,471 20,504,618 Foreign currency translations, net of tax - - - (3,478,849) - - (3,478,849) - (3,478,849) Reclassification adjustments relating to a subsidiary disposed off during the year 15(f) - - - (3,165,518) - - (3,165,518) - (3,165,518) Total comprehensive income - - - (6,644,367) - 20,451,147 13,806,780 53,471 13,860,251 Transactions with owners: Dividends paid 11 - - - - - (3,266,537) (3,266,537) - (3,266,537) Share options granted under ESS 23 - - - - 18,962 - 18,962 - 18,962 Resale of treasury shares in open market 23 934,522 332,374 - - - - 1,266,896 - 1,266,896 Ordinary shares issued pursuant to ESS 23 3,405,278 - - - (181,198) - 3,224,080 - 3,224,080 Total transactions with owners 4,339,800 332,374 - - (162,236) (3,266,537) 1,243,401 - 1,243,401 Transfer pursuant to Companies Act 2016* 72,824,729 - (72,824,729) - - - - - - Balance as at 31 December 2017 208,109,527 (305,847) - (3,919,382) - 70,311,094 274,195,392 129,076 274,324,468 * Pursuant to the Companies Act 2016, the credit balance in the share premium account has been transferred to the share capital account.