GHL System Berhad Annual Report 2020

82 G H L S y s t e m S B e r h a d 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) Non-distributable Distributable Share capital ESS shares Share options reserve Accumulated losses Total equity Company Note RM RM RM RM RM Balance as at 1 January 2019 314,343,560 - 1,001,445 (139,682,653) 175,662,352 Profit for the financial year - - - 18,608,646 18,608,646 Other comprehensive income, net of tax - - - - - Total comprehensive income - - - 18,608,646 18,608,646 Transactions with owners: ESS shares acquired 24(d) - (11,943,043) - - (11,943,043) Transfers of ESS shares to employees - 782,288 - (56,188) 726,100 Share options granted under ESS 23 - - 1,521,227 - 1,521,227 ESS forfeited 23 - - (3,000) - (3,000) Ordinary shares issued pursuant to: - Acquisition of new subsidiaries 23 14,387,525 - - - 14,387,525 - ESS 23 1,468,840 - (317,900) - 1,150,940 Total transactions with owners 15,856,365 (11,160,755) 1,200,327 (56,188) 5,839,749 Balance as at 31 December 2019 330,199,925 (11,160,755) 2,201,772 (121,130,195) 200,110,747 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CONT’D