EXCEL FORCE MSC BERHAD Annual Report 2019

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2019 54 Non- distributable Distributable Share Capital Retained Earnings Total Equity Note RM RM RM Company At 1 January 2018, as previously reported 20,743,365 26,124,151 46,867,516 Effect of adoption of MFRS 9 13 - (45,881) (45,881) At 1 January 2018, as restated 20,743,365 26,078,270 46,821,635 Profit for the financial year, representing total comprehensive income for the financial year - 6,441,527 6,441,527 Transactions with owners: Issuance of ordinary shares 16 255,000 - 255,000 Dividends to owners of the parent 30 - (6,217,230) (6,217,230) 255,000 (6,217,230) (5,962,230) At 31 December 2018 20,998,365 26,302,567 47,300,932 statements of changes in equity for the financial year ended 31 december 2019 (cont’d) The accompanying notes form an integral part of the financial statements.