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annual report 2007 - ChartNexus

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S TATEMENT OF CHANGES IN EQUITY<br />

FOR THE YEAR ENDED 31 DECEMBER <strong>2007</strong><br />

Unappropriated<br />

Share Capital Profit /<br />

Ordinary Financial (Accumulated<br />

Shares Instruments* Loss) Total<br />

RM RM RM RM<br />

Group<br />

Balance as at 1 January <strong>2007</strong> 32,300,000 19,000,000 ( 2,625,014 ) 48,674,986<br />

Issuance of shares 9,000,000 - - 9,000,000<br />

Converted during the year 19,000,000 (19,000,000 ) - -<br />

Net profit for the financial year - - 18,851,521 18,851,521<br />

Balance as at 31 December <strong>2007</strong> 60,300,000 - 16,226,507 76,526,507<br />

Unappropriated<br />

Share Capital Profit /<br />

Ordinary Financial (Accumulated<br />

Shares Instruments* Loss) Total<br />

RM RM RM RM<br />

Company<br />

Balance as at 1 January 2006 2 - ( 8,266,347 ) ( 8,266,345 )<br />

Issuance of shares 32,299,998 19,000,000 - 51,299,998<br />

Net profit for the financial year - - 5,641,333 5,641,333<br />

Balance as at 31 December 2006 32,300,000 19,000,000 ( 2,625,014 ) 48,674,986<br />

Issuance of shares 9,000,000 - - 9,000,000<br />

Converted during the year 19,000,000 ( 19,000,000 ) - -<br />

Net profit for the financial year - - 18,895,256 18,895,256<br />

Balance as at 31 December <strong>2007</strong> 60,300,000 - 16,270,242 76,570,242<br />

* Par value of Irredeemable Convertible Preference shares<br />

The above statements of changes in equity are to be read in conjunction with the accompanying notes to the financial<br />

statements.<br />

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