EXCEL FORCE MSC BERHAD Annual Report 2017

52 Distributable Share Share Retained Total Capital Premium Earnings Equity Note RM RM RM RM Company At 1 January 2017 20,686,597 56,768 25,071,929 45,815,294 Profit for the financial year, representing total comprehensive income for the financial year - - 6,223,872 6,223,872 Transition to no-par value regime on 31 January 2017 14, 15 56,768 (56,768) - - Transactions with owners Dividends 25 - - (5,171,650) (5,171,650) At 31 December 2017 20,743,365 - 26,124,151 46,867,516 At 1 January 2016 20,676,810 - 23,356,211 44,033,021 Profit for the financial year, representing total comprehensive income for the financial year - - 5,851,080 5,851,080 Transactions with owners Issuance of ordinary shares pursuant to exercise of warrants 14, 15 9,787 56,768 - 66,555 Dividends 25 - - (4,135,362) (4,135,362) 9,787 56,768 (4,135,362) (4,068,807) At 31 December 2016 20,686,597 56,768 25,071,929 45,815,294 The accompanying notes form an integral part of the financial statements. Statements Of Changes In Equity For The Financial Year Ended 31 December 2017 (cont’d)