MISC Annual Report 2017

MISC BERHAD | Annual Report 2017 172 STATEMENTS OF CHANGES IN EQUITY For the year ended 31 December 2017 Non Distributable Distributable Non Distributable Note Total equity RM'000 Share capital* RM'000 Share premium RM'000 Retained profits RM'000 Other reserves, total RM'000 Fair value reserve RM'000 Currency translation reserve RM'000 2017 At 1 January 2017 25,930,764 4,463,794 4,459,468 10,911,539 6,095,963 56,009 6,039,954 Total comprehensive (loss)/ income (2,450,652) - - 1,663,552 (4,114,204) (2,973) (4,111,231) Transactions with equity holders Dividends 11 (1,830,157) - - (1,830,157) - - - Transition in accordance with Section 618(2) of the Companies Act, 2016 to no-par value regime effective 31 January 2017 26(a) - 4,459,468 (4,459,468) - - - - At 31 December 2017 21,649,955 8,923,262 - 10,744,934 1,981,759 53,036 1,928,723 2016 At 1 January 2016 24,288,847 4,463,794 4,459,468 10,366,180 4,999,405 65,566 4,933,839 Total comprehensive income/ (loss) 3,092,650 - - 1,996,092 1,096,558 (9,557) 1,106,115 Transactions with equity holders Dividends 11 (1,450,733) - - (1,450,733) - - - At 31 December 2016 25,930,764 4,463,794 4,459,468 10,911,539 6,095,963 56,009 6,039,954 * Included in share capital is one special preference share of RM1. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.