Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 64 Attributable to owners of the parent Non-Distributable Distributable Share Share Warrant Accumulated Total capital premium reserve losses equity Note RM RM RM RM RM Company At 1 January 2017 23,946,343 826,800 3,519,617 (12,585,237) 15,707,523 Net profit for the financial year, representing total comprehensive income for the financial year - - - 1,740,398 1,740,398 Transition to no-par value regime on 31 January 2017 15 826,800 (826,800) - - - Transaction with owners of the Company: Expiration of warrants 16 - - (3,519,617) 3,519,617 - At 31 Decemebr 2017 24,773,143 - - (7,325,222) 17,447,921 At 1 January 2016 23,946,343 826,800 3,519,617 (2,328,341) 25,964,419 Net loss for the financial year, representing total comprehensive loss for the financial year - - - (10,256,896) (10,256,896) At 31 December 2016 23,946,343 826,800 3,519,617 (12,585,237) 15,707,523 The accompanying notes form an integral part of the financial statements. STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 (cont’d)