Tropicana Corporation Berhad Annual Report 2020

STATEMENTS OF CHANGES IN EQUITY - GROUP For the financial year ended 31 December 2020 Attributable to owners of the parent Non-distributable Irredeemable Foreign convertible currency Non- Share preference Treasury translation Retained Total Perpetual controlling Total capital shares shares reserve earnings reserves Total bond interests equity RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Note 28 Note 30 Note 28 Note 29(a) Note 29(c) Note 30 At 1 January 2020 2,044,322 1,004,593 (13,648) (64) 1,626,779 1,626,715 4,661,982 252,661 734,045 5,648,688 Total comprehensive income – – – (45) 91,307 91,262 91,262 – 37,889 129,151 Distribution for the financial year – – – – – – – 17,361 – 17,361 Distribution paid for the financial year – – – – – – – (17,409) – (17,409) Transactions with owners: Issuance of ordinary shares and preference shares to non-controlling interests – – – – – – – – 30,802 30,802 Redemption of preference shares from non-controlling interests – – – – – – – – (1,600) (1,600) Liquidation of a subsidiary – – – – – – – – (150) (150) Adjustment of non-controlling interest measured at proportionate share of prior year's acquired subsidiaries' identifiable net assets – – – – – – – – (450) (450) Acquisition of subsidiaries – – – – – – – – (24) (24) Purchase of treasury shares – – (47,063) – – – (47,063) – – (47,063) Dividends paid via distribution of treasury shares – – 53,829 – (53,829) (53,829) – – – – Total transactions with owners – – 6,766 – (53,829) (53,829) (47,063) – 28,578 (18,485) At 31 December 2020 2,044,322 1,004,593 (6,882) (109) 1,664,257 1,664,148 4,706,181 252,613 800,512 5,759,306 Attributable to owners of the parent Non-distributable Irredeemable Foreign convertible currency Warrants Non- Share preference Treasury translation 2009/2019 Retained Total Perpetual controlling Total capital shares shares reserve reserve earnings reserves Total bond interests equity RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Note 28 Note 30 Note 28 Note 29(a) Note 29(b) Note 29(c) Note 30 At 1 January 2019 2,044,314 – (25,094) (129) 45,960 1,338,619 1,384,450 3,403,670 – 409,205 3,812,875 Total comprehensive income – – – 65 – 320,759 320,824 320,824 – 13,915 334,739 Distribution for the financial year – – – – – – – – 4,661 – 4,661 Transactions with owners: Issuance of preference shares to non-controlling interests – – – – – – – – – 11,862 11,862 Redemption of preference shares from non-controlling interests – – – – – – – – – (5,200) (5,200) Issuance of perpetual bond – – – – – – – – 248,000 – 248,000 Ordinary shares issued pursuant to: - warrants exercise 8 – – – – – – 8 – – 8 Expiry of warrants – – – – (45,960) 45,960 – – – – – Shares issued for acquisition of subsidiaries – 1,004,593 – – – – – 1,004,593 – – 1,004,593 Acquisition of subsidiaries – – – – – – – – – 237,701 237,701 Acquisition of non-controlling interest – – – – – (425) (425) (425) – 66,562 66,137 Purchase of treasury shares – – (26,725) – – – – (26,725) – – (26,725) Dividends paid via: - distribution of treasury shares – – 38,171 – – (38,171) (38,171) – – – – - cash – – – – – (39,963) (39,963) (39,963) – – (39,963) Total transactions with owners 8 1,004,593 11,446 – (45,960) (32,599) (78,559) 937,488 248,000 310,925 1,496,413 At 31 December 2019 2,044,322 1,004,593 (13,648) (64) – 1,626,779 1,626,715 4,661,982 252,661 734,045 5,648,688 ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 170 171