Wah Seong Corporation Berhad Annual Report 2017

FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 79 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 Attributable to owners of the Company Note Share capital RM’000 Share premium RM’000 Treasury shares RM’000 Exchange translations reserves RM’000 Available- for-sale reserve RM’000 Retained profits RM’000 Total RM’000 Non- controlling interests RM’000 Total equity RM’000 At 1 January 2017 387,444 160,246 (2,331) (11,469) 6 241,995 775,891 91,913 867,804 Net profit for the financial year - - - - - 113,021 113,021 1,622 114,643 Other comprehensive (expense)/ income for the financial year - - - (2,860) - - (2,860) 1,215 (1,645) Total comprehensive (expense)/ income for the financial year - - - (2,860) - 113,021 110,161 2,837 112,998 Transactions with owners: Transition to no-par value regime on 31 January 2017 24, 25 160,246 (160,246) - - - - - - - Total contributions by and distributions to owners 160,246 (160,246) - - - - - - - Acquisition of shares in existing subsidiary from non-controlling interest - - - - - - - 400 400 Disposal of a subsidiary - - - 6,895 - - 6,895 - 6,895 Liquidation of a joint venture - - - 1,214 - - 1,214 1,061 2,275 Total changes in ownership interest in subsidiaries that did not result in a loss of control - - - 8,109 - - 8,109 1,461 9,570 Total transactions with owners 160,246 (160,246) - 8,109 - - 8,109 1,461 9,570 At 31 December 2017 547,690 - (2,331) (6,220) 6 355,016 894,161 96,211 990,372