Press Metal Annual Report 2022

Attributable to owners of the Company Non-distributable Distributable Non- controlling interests Total equity Group Note Share capital Translation reserve Hedging reserve Retained earnings Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 1 January 2022 1,088,487 82,360 (776,219) 3,477,930 3,872,558 1,047,295 4,919,853 Cash flow hedge - - 897,271 - 897,271 111,954 1,009,225 Foreign currency translation differences for foreign operations: - Losses arising during the year - (25,870) - - (25,870) 1,986 (23,884) Total other comprehensive income for the year - (25,870) 897,271 - 871,401 113,940 985,341 Profit for the year - - - 1,406,770 1,406,770 359,771 1,766,541 Total comprehensive income for the year - (25,870) 897,271 1,406,770 2,278,171 473,711 2,751,882 Contributions by and distributions to owners of the Group Dividends to owners of the Company 27 - - - (492,742) (492,742) - (492,742) Distribution to NCI in relation to share capital reduction in a subsidiary 7.3 - - - - - (2,000) (2,000) Dividends to non-controlling interests - - - - - (135,900) (135,900) - - - (492,742) (492,742) (137,900) (630,642) Issue of ordinary shares 16 964,257 - - - 964,257 - 964,257 Adjustment in purchase consideration on partial disposal of a subsidiary in previous years 7.2 - - - 14,800 14,800 (14,800) - Total transactions with owners of the Group 964,257 - - (477,942) 486,315 (152,700) 333,615 At 31 December 2022 2,052,744 56,490 121,052 4,406,758 6,637,044 1,368,306 8,005,350 The notes on pages 215 to 311 are an integral part of these financial statements. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Cont’d PRESS METAL ALUMINIUM HOLDINGS BERHAD 207

RkJQdWJsaXNoZXIy NDgzMzc=