GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 75 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 Non-distributable Company Share capital Treasury shares Share premium Share options reserves Accumulated losses Total equity Note RM RM RM RM RM RM Balance as at 1 January 2017 130,944,998 (638,221) 72,824,729 162,236 (127,732,764) 75,560,978 Loss for the financial year - - - - (179,560) (179,560) Other comprehensive income, net of tax - - - - - - Total comprehensive loss - - - - (179,560) (179,560) Transactions with owners: Dividends paid 11 - - - - (3,266,537) (3,266,537) Share options granted under ESS 23 - - - 18,962 - 18,962 Resale of treasury shares in open market 23 934,522 332,374 - - - 1,266,896 Ordinary shares issued pursuant to ESS 23 3,405,278 - - (181,198) - 3,224,080 Total transactions with owners 4,339,800 332,374 - (162,236) (3,266,537) 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) - - (131,178,861) 76,624,819 * Pursuant to the Companies Act 2016, the credit balance in the share premium account has been transferred to the share capital account.