GHL System Berhad Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 85 Non-distributable Distributable Share capital Treasury shares Exchange translation reserve Share options reserve Retained earnings Total attributable to owners of the parent Non- controlling interests Total equity Group Note RM RM RM RM RM RM RM RM Balance as at 1 January 2018 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 - - (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 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019