EXCEL FORCE MSC BERHAD Annual Report 2019

EXCELFORCE MSC BERHAD - ANNUAL REPORT 2019 53 Non-distributable Distributable Share Capital Treasury Shares Fair Value Reserve Retained Earnings Total Equity Note RM RM RM RM RM Company At 1 January 2019, as previously reported 20,998,365 - - 26,302,567 47,300,932 Effect of adoption of MFRS 16 2(a) - - - (13,227) (13,227) At 1 January 2019, as restated 20,998,365 - - 26,289,340 47,287,705 Profit for the financial year - - - 6,196,759 6,196,759 Other comprehensive income for the financial year - (26,790) - (26,790) - Total comprehensive income for the financial year - - (26,790) 6,196,759 6,169,969 Transactions with owners: Issuance of ordinary shares 16 68,304,785 - - - 68,304,785 Share repurchased 18 - (19,440,808) - - (19,440,808) Dividends to the owners of parent 30 - - - (6,028,784) (6,028,784) 68,304,785 (19,440,808) - (6,028,784) 42,835,193 At 31 December 2019 89,303,150 (19,440,808) (26,790) 26,457,315 96,292,867 statements of changes in equity for the financial year ended 31 december 2019 (cont’d)