Page 206 - Bank Muamalat_AR24

204 BANK MUAMALAT MALAYSIA BERHAD

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
Bank 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 1,592 (6,966) 1,730,764 3,424,892
Profit for the year - - - - - 87,564 87,564
Other comprehensive
income/(loss) for the year - - - 1,382 (2,738) - (1,356)
Total comprehensive
income/(loss) for the year - - - 1,382 (2,738) 87,564 86,208
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 2,974 (11,637) 1,808,257 3,488,753

At 1 January 2023 1,195,000 - 94,239 3,067 (1,342) 1,577,800 2,868,764
Profit for the year - - - - - 218,046 218,046
Other comprehensive
(loss)/income for the year - - - (1,475) (9,198) - (10,673)
Total comprehensive
(loss)/income for the year - - - (1,475) (9,198) 218,046 207,373
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 1,592 (6,966) 1,730,764 3,424,892

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