Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad 75 STATEMENTS OF CHANGES IN EQUITY For the financial year ended 31 December 2019 (cont’d) Distributable Foreign Other currency Non- Note Equity, Share Treasury Retained reserves Warrant translation controlling total capital shares earnings total reserve reserve interests (Note 28) (Note 28) (Note 29) (Note 30) (Note 30) Group 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 28 13,492,157 13,492,157 - - - - - - Conversion of warrants 28 172,536 232,102 - - (59,566) (59,566) - - Share issuance expenses (90,561) (90,561) - - - - - - Dividends on ordinary shares 37 (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 Attributable to owners of the Company Non-distributable Non-distributable The accompanying accounting policies and explanatory notes form an integral part of the financial statements.