GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 74 STAT EMENTS OF CHANGES I N EQU I T Y f o r t h e f i n a n c i a l y e a r e n d e d 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D Group Note Non-distributable Distributable Total attributable to owners of the parent Non- controlling interests Total equity Share capital Treasury shares Exchange translation reserve Share options reserve Retained earnings RM RM RM RM RM RM RM RM Balance as at 1 January 2018, as previously reported 208,109,527 (305,847) (3,919,382) - 70,311,094 274,195,392 129,076 274,324,468 Adjustments on initial application of MFRS 9 21(k) - - - - (2,518,371) (2,518,371) - (2,518,371) Balance as at 1 January 2018, as restated 208,109,527 (305,847) (3,919,382) - 67,792,723 271,677,021 129,076 271,806,097 Profit for the financial year - - - - 24,542,974 24,542,974 40,689 24,583,663 Foreign currency translations, net of tax - - 2,470,283 - - 2,470,283 - 2,470,283 Reclassification adjustments relating to a subsidiary disposed off during the year 15(f) - - (6,553) - - (6,553) - (6,553) Total comprehensive income - - 2,463,730 - 24,542,974 27,006,704 40,689 27,047,393 Transactions with owners: Share options granted under ESS 23 - - - 1,019,645 - 1,019,645 - 1,019,645 ESS forfeited 23 - - - (700) - (700) - (700) Resale of treasury shares in open market 23 788,374 305,847 - - - 1,094,221 - 1,094,221 Ordinary shares issued pursuant to: - Private placement 23 84,500,000 - - - - 84,500,000 - 84,500,000 - Acquisition of new subsidiaries 23 20,793,159 - - - - 20,793,159 - 20,793,159 - ESS 23 152,500 - - (17,500) - 135,000 - 135,000 Total transactions with owners 106,234,033 305,847 - 1,001,445 - 107,541,325 - 107,541,325 Balance as at 31 December 2018 314,343,560 - (1,455,652) 1,001,445 92,335,697 406,225,050 169,765 406,394,815