EXCEL FORCE MSC BERHAD Annual Report 2020

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2020 54 Attributable to owners of the parent Non-distributable Distributable Share Capital Treasury Shares Fair Value Reserve Other Reserve Retained Earnings Total Equity Note RM RM RM RM RM RM Group At 1 January 2019, as previously reported 20,998,365 - - (80,745) 26,284,429 47,202,049 Effect of adoption of MFRS 16 - - - - (13,227) (13,227) At 1 January 2019, as restated 20,998,365 - - (80,745) 26,271,202 47,188,822 Profit for the financial year - - - - 6,471,450 6,471,450 Other comprehensive loss for the financial year - - (26,790) - - (26,790) Total comprehensive (loss)/income for the financial year - - (26,790) - 6,471,450 6,444,660 Transactions with owners: Issuance of ordinary shares 16 68,304,785 - - - - 68,304,785 Shares repurchased 18 - (19,440,808) - - - (19,440,808) Dividends to owners of the 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) (80,745) 26,713,868 96,468,675 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (CONT’D)

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