GHL System Berhad Annual Report 2020

98 G H L S y s t e m S B e r h a d 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 CONT’D 9. TAXATION (cont‘d) (d) Tax on each component of other comprehensive income is as follows: Before tax Tax effect (Note 18) After tax Group RM RM RM 2020 Foreign currency translations (1,393,331) - (1,393,331) Remeasurement of defined benefit liability (Note 28) (521,325) 156,398 (364,927) (1,919,430) 156,398 (1,763,032) 2019 Foreign currency translations 1,728,462 - 1,728,462 Remeasurement of defined benefit liability (Note 28) (43,009) 102,505 59,496 1,685,453 102,505 1,787,958 10. EARNINGS PER SHARE (a) Basic Basic earnings per ordinary share for the financial year is calculated by dividing the profit for the financial year attributable to equity holders of the parent by the weighted average number of ordinary shares outstanding (excluding treasury shares and ESS shares) during the financial year. The related basic earnings per ordinary share for the previous financial year was arrived at after reflecting the retrospective adjustments as required by MFRS133 Earnings Per Share arising from the Company’s bonus issue of 380,499,497 ordinary shares which was completed during the financial year. Group 2020 2019 Restated Profit for the financial year attributable to equity holders of the parent (RM) 13,549,362 28,724,053 Weighted average number of ordinary shares in issue 803,179,132 742,097,707 Effect of bonus issue in October 2020 - 380,499,497 Adjusted weighted average number of ordinary shares in issue 803,179,132 1,122,597,204 Basic earnings per ordinary share (sen) 1.69 2.56