GHL System Berhad Annual Report 2020

81 a n n u a l r e p o r t 2 0 2 0 Non-distributable Distributable Total Share capital ESS shares Retirement benefit reserve Exchange translation reserve Share options reserve Retained earnings attributable to owners of the parent Non- controlling interests Total equity Group Note RM RM RM RM RM RM RM RM RM Balance as at 1 January 2020 330,199,925 (11,160,755) 59,496 260,437 2,201,772 120,889,096 442,449,971 6,413,004 448,862,975 Profit for the financial year - - - - - 13,549,362 13,549,362 (6,531,942) 7,017,420 Remeasurement of defined benefit liability, net of tax 9(d) - - (364,927) - - - (364,927) - (364,927) Foreign currency translations, net of tax - - - (1,393,331) - - (1,393,331) - (1,393,331) Reclassification adjustments relating to a subsidiary disposed off during the year - - - (75,861) - - (75,861) - (75,861) Total comprehensive income - - (364,927) (1,469,192) - 13,549,362 11,715,243 (6,531,942) 5,183,301 Transactions with owners: ESS shares acquired 24(d) - (2,225,353) - - - - (2,225,353) - (2,225,353) Transfers of ESS shares to employees - 11,132,603 - - - (650,923) 10,481,680 - 10,481,680 Share options granted under ESS 23 - - - - 287,229 - 287,229 - 287,229 Ordinary shares issued pursuant to: - Acquisition of Paysys 23 19,015,679 - - - - - 19,015,679 - 19,015,679 - ESS 23 2,269,700 - - - (2,236,500) - 33,200 - 33,200 Disposal of Speed Pay Plc 16(e) - - - - - - - 302,526 302,526 Total transactions with owners 21,285,379 8,907,250 - - (1,949,271) (650,923) 27,592,435 302,526 27,894,961 Balance as at 31 December 2020 351,485,304 (2,253,505) (305,431) (1,208,755) 252,501 133,787,535 481,757,649 183,588 481,941,237 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CONT’D