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 ) 76 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 options reserves Accumulated losses Total equity Note RM RM RM RM RM Balance as at 1 January 2018, as previously reported 208,109,527 (305,847) - (131,178,861) 76,624,819 Adjustments on initial application of MFRS 9 21(k) - - - (20,413,933) (20,413,933) Balance as at 1 January 2018, as restated 208,109,527 (305,847) - (151,592,794) 56,210,886 Profit for the financial year - - - 11,912,904 11,912,904 Other comprehensive income, net of tax - - - - - Total comprehensive income - - - 11,912,904 11,912,904 Transactions with owners: Share options granted under ESS 23 - - 1,019,645 - 1,019,645 ESS forfeited 23 - - (700) - (700) Resale of treasury shares in open market 23 788,374 305,847 - - 1,094,221 Ordinary shares issued pursuant to: - Private placement 23 84,500,000 - - - 84,500,000 - Acquisition of new subsidiaries 23 20,793,159 - - - 20,793,159 - ESS 23 152,500 - (17,500) - 135,000 Total transactions with owners 106,234,033 305,847 1,001,445 - 107,541,325 Balance as at 31 December 2018 314,343,560 - 1,001,445 (139,679,890) 175,665,115 The accompanying notes form an integral part of the financial statements.