Page 82 - HRC_AR2020

80 I 2020 ANNUAL REPORT I financial reports

stateMent of cHanGes in eQUitY

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

issued and fully
paid ordinary
shares non-distributable Distributable
number cost of exchange cash
of nominal hedging translation flow hedge retained total
shares value reserve reserve reserve earnings equity
‘000 rM’000 rM’000 rM’000 rM’000 rM’000 rM’000
at 1 January 2020 300,000 300,000 (34,059) (128,888) 175,346 1,698,944 2,011,343
Net profit for the financial year - - - - - 250,983 250,983
Other comprehensive income
for the financial year - - 31,849 - (125,794) - (93,945)

Total comprehensive income
for the financial year - - 31,849 - (125,794) 250,983 157,038
at 31 December 2020 300,000 300,000 (2,210) (128,888) 49,552 1,949,927 2,168,381

at 1 January 2019
- as previously stated 300,000 300,000 (32,373) (107,520) 196,512 1,665,040 2,021,659
- effects of transitioning to
MFRS 16 - - - - - (1,080) (1,080)
- as restated 300,000 300,000 (32,373) (107,520) 196,512 1,663,960 2,020,579
Net profit for the financial year - - - - - 34,984 34,984
Other comprehensive income
for the financial year - - (1,686) (21,368) (21,166) - (44,220)

Total comprehensive loss
for the financial year - - (1,686) (21,368) (21,166) 34,984 (9,236)
at 31 December 2019 300,000 300,000 (34,059) (128,888) 175,346 1,698,944 2,011,343

The accompanying notes to the financial statements form an integral part of these financial statements.