Total equity attributable Non- Distributable to equity Non- Share distributable retained holders of controlling Total capital reserves profits the parent interests equity RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group At 1 January 2022 1,422,344 (285) 1,294,596 2,716,655 (107,816) 2,608,839 Profit for the year – – 595,311 595,311 (6,515) 588,796 Other comprehensive loss – 12 – 12 – 12 Total comprehensive (loss)/income for the year – 12 595,311 595,323 (6,515) 588,808 Transaction with owners: Dividends (Note 12) – – (339,360) (339,360) – (339,360) At 31 December 2022 1,422,344 (273) 1,550,547 2,972,618 (114,331) 2,858,287 At 1 January 2023 1,422,344 (273) 1,550,547 2,972,618 (114,331) 2,858,287 Profit for the year – – 42,381 42,381 (6,709) 35,672 Other comprehensive loss – (25) (492) (517) – (517) Total comprehensive income/(loss) for the year – (25) 41,889 41,864 (6,709) 35,155 Transfer to distributable retained profits – 298 (298) – – – Transaction with owners: Dividends (Note 12) – – (96,320) (96,320) – (96,320) At 31 December 2023 1,422,344 – 1,495,818 2,918,162 (121,040) 2,797,122 The accompanying accounting policies and explanatory notes form an integral part of these financial statements. STATEMENTS OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2023 Boustead Plantations Berhad 194
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