Page 178 - Bank-Muamalat-AR2020

176 BANK MUAMALAT MALAYSIA BERHAD About Us Our Leadership Our Strategy
ANNUAL REPORT FY2020

Statement of changeS in equity

for the year ended 31 december 2020 (16 Jamadil awal 1442h)

Non-Distributable Distributable
Fair value
through other
Exchange comprehensive
Ordinary regulatory fluctuation income retained Total
shares reserve reserve reserve profits equity
Bank rM’000 rM’000 rM’000 rM’000 rM’000 rM’000

At 1 January 2020 1,195,000 62,676 (132) 18,008 1,186,739 2,462,291
Profit for the year - - - - 171,268 171,268
Other comprehensive income for the year - - (835) 9,815 - 8,980
Total comprehensive income for the year - - (835) 9,815 171,268 180,248
Transfer of fair value changes recognised
for equity instrument (elected as FVOCI)
upon derecognition - - - (9,583) 9,583 -
Transfer from regulatory reserve - (17,265) - - 17,265 -
At 31 December 2020 1,195,000 45,411 (967) 18,240 1,384,855 2,642,539

At 1 April 2019
- as previously stated 1,195,000 63,585 (417) (1,515) 1,087,939 2,344,592
- effect of adopting MFRS 16 - - - - (1,571) (1,571)
At 1 April 2019, as restated 1,195,000 63,585 (417) (1,515) 1,086,368 2,343,021
Profit for the year - - - - 98,411 98,411
Other comprehensive income for the period - - 285 20,574 - 20,859

Total comprehensive income for the period - - 285 20,574 98,411 119,270
Transfer of fair value changes recognised
for equity instrument (elected as FVOCI)
upon derecognition - - - (1,051) 1,051 -
Transfer from regulatory reserve - (909) - - 909 -
At 31 December 2019 1,195,000 62,676 (132) 18,008 1,186,739 2,462,291

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