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BiotechCorp Annual Report 2007 - Malaysian Biotechnology ...

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60<br />

<strong>Malaysian</strong> <strong>Biotechnology</strong> Corporation Sdn. Bhd.<br />

(Company No.691431-D) (Incorporated in Malaysia)<br />

Statement of changes in equity for the year ended <strong>2007</strong><br />

Non-distributable Distributable<br />

Share Accumulated<br />

capital losses Total<br />

RM RM RM<br />

At 1 January 2006 25,000,002 (6,632,334) 18,367,668<br />

Issue of shares during the year 45,000,000 - 45,000,000<br />

Net loss for the year - (24,626,083) (24,626,083)<br />

At 31 December 2006 / 1 January <strong>2007</strong> 70,000,002 (31,258,417) 38,741,585<br />

Net profit for the year - 360,877 360,877<br />

At 31 December <strong>2007</strong> 70,000,002 (30,897,540) 39,102,462<br />

The notes on pages 63 to 76 are an integral part of these financial statements.<br />

Note 8

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