Excel Force MSC Berhad Annual Report 2016

EXCEL FORCE MSC BERHAD ANNUAL REPORT 2016 50 Statements of Changes in Equity for the Financial Year Ended 31 December 2016 Total attributable Share Share Distributable Retained to the owners of Non- controlling Total Group capital premium earnings the parent interests equity Note RM RM RM RM RM RM Balance as at 1 January 2015 20,676,810 - 21,914,272 42,591,082 490,646 43,081,728 Profit for the financial year - - 7,552,104 7,552,104 15,701 7,567,805 Other comprehensive income, net of tax - - - - - - Total comprehensive income - - 7,552,104 7,552,104 15,701 7,567,805 Transactions with owners Dividends paid 27 - - (6,203,043) (6,203,043) - (6,203,043) Total transactions with owners - - (6,203,043) (6,203,043) - (6,203,043) Balance as at 31 December 2015 20,676,810 - 23,263,333 43,940,143 506,347 44,446,490 Profit for the financial year - - 5,629,762 5,629,762 (235,927) 5,393,835 Other comprehensive income, net of tax - - - - - - Total comprehensive income - - 5,629,762 5,629,762 (235,927) 5,393,835 Transactions with owners Issuance of ordinary shares pursuant to exercise of warrants 15 9,787 56,768 - 66,555 - 66,555 Disposal of subsidiaries 33 - - - - (351,164) (351,164) Dividends paid 27 - - (4,135,362) (4,135,362) - (4,135,362) Total transactions with owners 9,787 56,768 (4,135,362) (4,068,807) (351,164) (4,419,971) Balance as at 31 December 2016 20,686,597 56,768 24,757,733 45,501,098 (80,744) 45,420,354