EXCEL FORCE MSC BERHAD Annual Report 2020

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2020 55 Non-distributable Distributable Share Capital Treasury Shares Fair Value Reserve Retained Earnings Total Equity Note RM RM RM RM RM Company At 1 January 2020 89,303,150 (19,440,808) (26,790) 26,457,315 96,292,867 Profit for the financial year - - - 10,414,493 10,414,493 Other comprehensive loss for the financial year - - (661,650) - (661,650) Total comprehensive (loss)/income for the financial year - - (661,650) 10,414,493 9,752,843 Transactions with owners: Shares repurchased 18 - (8,119,858) - - (8,119,858) Dividends to the owners of parent 30 - - - (5,593,784) (5,593,784) - (8,119,858) - (5,593,784) (13,713,642) At 31 December 2020 89,303,150 (27,560,666) (688,440) 31,278,024 92,332,068 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (CONT’D)