Page 205 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 203

CONSOLIDATED STATEMENT OF
CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024 (29 JAMADIL AKHIR 1446H)

Non-Distributable Distributable
Exchange
Ordinary Perpetual Regulatory fluctuation FVOCI Retained Total
shares Sukuk reserve reserve reserve profits equity
Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

At 1 January 2024 1,195,000 348,755 155,747 1,591 (6,966) 1,742,374 3,436,501
Profit for the year - - - - - 86,141 86,141
Other comprehensive
income/(loss) for the year - - - 1,382 (2,738) - (1,356)
Total comprehensive
income/(loss) for the year - - - 1,382 (2,738) 86,141 84,785
Transfer of fair value
changes recognised for
equity instruments
(elected as FVOCI)
upon derecognition - - - - (1,933) 1,933 -
Transfer to regulatory reserve - - (10,343) - - 10,343 -
Transaction with Owners
Distribution paid to
Perpetual Sukuk holders - - - - - (22,347) (22,347)

At 31 December 2024 1,195,000 348,755 145,404 2,973 (11,637) 1,818,444 3,498,939

At 1 January 2023 1,195,000 - 94,239 3,066 (1,342) 1,595,641 2,886,604
Profit for the year - - - - - 211,815 211,815
Other comprehensive
(loss)/income for the year - - - (1,475) (9,198) - (10,673)
Total comprehensive
(loss)/income for the year - - - (1,475) (9,198) 211,815 201,142
Transfer of fair value
changes recognised for
equity instruments
(elected as FVOCI)
upon derecognition - - - - 3,574 (3,574) -
Net issuance of Perpetual
Sukuk - 348,755 - - - - 348,755
Transfer from regulatory
reserve - - 61,508 - - (61,508) -

At 31 December 2023 1,195,000 348,755 155,747 1,591 (6,966) 1,742,374 3,436,501

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