EXCEL FORCE MSC BERHAD Annual Report 2018

53 ANNUAL REPORT 2018 Distributable Share Share Retained Total Capital Premium Earnings Equity Note RM RM RM RM Company At 1 January 2018, as previously reported 20,743,365 - 26,124,151 46,867,516 Effect of adopting of MFRS 9 [Note 2(a)] - - (45,881) (45,881) At 1 January 2018, as restated 20,743,365 - 26,078,270 46,821,635 Profit for the financial year, representing total comprehensive income for the financial year - - 6,441,527 6,441,527 Transactions with owners: Issuance of ordinary shares 15 255,000 - - 255,000 Dividends to owners of the parent 27 - - (6,217,230) (6,217,230) 255,000 - (6,217,230) (5,962,230) At 31 December 2018 20,998,365 - 26,302,567 47,300,932 At 1 January 2017 20,686,597 56,768 25,071,929 45,815,294 Profit for the financial year, representing total comprehensive income for the financial year - - 6,223,872 6,223,872 Transition to no-par value regime on 31 January 2017 15 56,768 (56,768) - - Transactions with owners: Dividends to owners of the parent 27 - - (5,171,650) (5,171,650) At 31 December 2017 20,743,365 - 26,124,151 46,867,516 The accompanying notes form an integral part of the financial statements. Statements Of Changes In Equity For The Financial Year Ended 31 December 2018 (cont’d)