GHL System Berhad Annual Report 2020

83 a n n u a l r e p o r t 2 0 2 0 Non-distributable Distributable Share ESS Share options Accumulated Total capital shares reserve losses equity Company Note RM RM RM RM RM Balance as at 1 January 2020 330,199,925 (11,160,755) 2,201,772 (121,130,195) 200,110,747 Profit for the financial year - - - 5,132,426 5,132,426 Other comprehensive income, net of tax - - - - - Total comprehensive income - - - 5,132,426 5,132,426 Transactions with owners: ESS shares acquired 24(d) - (2,225,353) - - (2,225,353) Transfers of ESS shares to employees - 11,132,603 - (650,923) 10,481,680 Share options granted under ESS 23 - - 287,229 - 287,229 Ordinary shares issued pursuant to: - Acquisition of new subsidiaries 23 19,015,679 - - - 19,015,679 - ESS 23 2,269,700 - (2,236,500) - 33,200 Total transactions with owners 21,285,379 8,907,250 (1,949,271) (650,923) 27,592,435 Balance as at 31 December 2020 351,485,304 (2,253,505) 252,501 (116,648,692) 232,835,608 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CONT’D The accompanying notes form an integral part of the financial statements.