Frontken Berhad Annual Report 2024

FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 66 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 (CONT’D) Distributable Share Treasury Share grant Share application Retained Total The Company capital shares plan reserve money earnings equity RM RM RM RM RM RM Balance at 1 January 2023 118,441,045 (4,747,849) 4,183,700 - 42,992,527 160,869,423 Pro t after taxation/Total comprehensive income for the nancial year - - - - 51,144,154 51,144,154 Contribution by and distributions to owners of the Company: - Settlement of share grant plan - 1,008,780 (4,183,700) - 3,174,920 - - Dividend - - - - (40,844,736) (40,844,736) Balance at 31 December 2023 118,441,045 (3,739,069) - - 56,466,865 171,168,841 Balance at 1 January 2024 118,441,045 (3,739,069) - - 56,466,865 171,168,841 Pro t after taxation/Total comprehensive income for the nancial year - - - - 38,685,531 38,685,531 Contribution by and distributions to owners of the Company: - Exercise of warrants 37,165,800 - - - - 37,165,800 - Shares pending allotment - - - 16,108,000 - 16,108,000 - Dividends - - - - (61,500,453) (61,500,453) Balance at 31 December 2024 155,606,845 (3,739,069) - 16,108,000 33,651,943 201,627,719 The accompanying Notes form an integral part of these Financial Statements.

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