Wah Seong Corporation Berhad Annual Report 2017

FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 81 COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 Note Share capital RM’000 Share premium RM’000 Treasury shares RM’000 Retained profits RM’000 Total equity RM’000 At 1 January 2017 387,444 160,246 (2,331) 223,520 768,879 Total comprehensive income for the financial year - - - 20,916 20,916 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) - - - At 31 December 2017 547,690 - (2,331) 244,436 789,795 At 1 January 2016 387,444 160,246 (1,991) 228,552 774,251 Total comprehensive income for the financial year - - - 6,560 6,560 Transactions with owners: Shares repurchased (including transaction costs) 26 - - (340) - (340) Cash dividends paid to owners of the Company 37 - - - (11,592) (11,592) Total contributions by and distributions to owners - - (340) (11,592) (11,932) At 31 December 2016 387,444 160,246 (2,331) 223,520 768,879