GHL System Berhad Annual Report 2017

ANNUAL REPORT 2017 71 Group Non-distributable Distributable Share capital Treasury shares Share premium Exchange translation reserve Share options reserve Retained earnings Total attributable to owners of the parent Non- controlling interests Total equity Note RM RM RM RM RM RM RM RM RM Balance as at 1 January 2017 130,944,998 (638,221) 72,824,729 2,724,985 162,236 53,126,484 259,145,211 75,605 259,220,816 Profit for the financial year - - - - - 20,451,147 20,451,147 53,471 20,504,618 Foreign currency translations, net of tax - - - (3,478,849) - - (3,478,849) - (3,478,849) Reclassification adjustments relating to a subsidiary disposed off during the year 14(e) - - - (3,165,518) - - (3,165,518) - (3,165,518) Total comprehensive income - - - (6,644,367) - 20,451,147 13,806,780 53,471 13,860,251 Transactions with owners: Dividends paid 10 - - - - - (3,266,537) (3,266,537) - (3,266,537) Share options granted under ESS 21 - - - - 18,962 - 18,962 - 18,962 Resale of treasury shares in open market 934,522 332,374 - - - - 1,266,896 - 1,266,896 Ordinary shares issued pursuant to ESS 21 3,405,278 - - - (181,198) - 3,224,080 - 3,224,080 Total transactions with owners 4,339,800 332,374 - - (162,236) (3,266,537) 1,243,401 - 1,243,401 Transfer pursuant to Companies Act, 2016* 72,824,729 - (72,824,729) - - - - - - Balance as at 31 December 2017 208,109,527 (305,847) - (3,919,382) - 70,311,094 274,195,392 129,076 274,324,468 * Pursuant to the Companies Act, 2016, the credit balance in the share premium account has been transferred to the share capital account. STATEMENTS OF CHANGES IN EQUITY for the financial year ended 31 December 2017 CONT’D