Kimlun Corporation Berhad Annual Report 2018

Annual Report 2018 68 For the financial year ended 31 December 2018 (cont’d) STATEMENTS OF CHANGES IN EQUITY Attributable to owners of the Company Non-Distributable Distributable Non-Distributable Foreign Other currency Non Note Equity, Share Share Treasury Retained reserves Warrant translation Controlling total capital premium shares earnings total reserve reserve Interest (Note 25) (Note 25) (Note 25) (Note 26) (Note 27) (Note 27) Group RM RM RM RM RM RM RM RM RM Opening balance at 1 January 2018 607,792,238 223,817,821 - (23,774) 349,663,242 34,182,648 34,253,234 (70,586) 152,301 Profit net of tax 61,065,108 - - - 61,138,672 - - - (73,564) Foreign currency translation (697) - - - - (697) - (697) - Total comprehensive income for the year 61,064,411 - - - 61,138,672 (697) - (697) (73,564) Transactions with owners Issuance of ordinary shares pursuant to: Dividend reinvestment plan of the Company 25 13,492,157 13,492,157 - - - - - - - Conversion of warrants 25 172,536 232,102 - - - (59,566) (59,566) - - Share issuance expenses (90,561) (90,561) - - - - - - - Dividends on ordinary shares 34 (17,634,518) - - - (17,634,518) - - - - Total transactions with owners (4,060,386) 13,633,698 - - (17,634,518) (59,566) (59,566) - - Closing balance at 31 December 2018 664,796,263 237,451,519 - (23,774) 393,167,396 34,122,385 34,193,668 (71,283) 78,737 The accompanying accounting policies and explanatory notes form an integral part of the financial statements.