KENANGA ANNUAL REPORT 2017

Bank Non-distributable Ordinary shares (Note 27) RM'000 Regulatory reserve (Note 28) RM'000 Share premium (Note 28) RM'000 Capital reserve (Note 28) RM'000 Statutory reserve (Note 28) RM'000 Available- for-sale deficit (Note 28) RM'000 Retained profits (Note 28) RM'000 Total equity RM'000 At 1 January 2017 180,637 23,929 65,500 153,863 465,741 (7,373) 20,209 902,506 Net profit for the financial year – – – – – – 45,381 45,381 Other comprehensive income – – – – – 2,533 – 2,533 Total comprehensive income for the financial year – – – – – 2,533 45,381 47,914 Transfer to regulatory reserve – 1,348 – – – – (1,348) – Transfer to retained profits – – – – (465,741) – 465,741 – Transfer pursuant to Companies Act 2016 65,500 – (65,500) – – – – – Dividend paid (Note 45) – – – – – – (16,257) (16,257) At 31 December 2017 246,137 25,277 – 153,863 – (4,840) 513,726 934,163 Non-distributable Bank Ordinary shares (Note 27) RM’000 Re- organisation reserve (Note 28) RM’000 Capital reserve (Note 28) RM’000 Share premium (Note 28) RM’000 Regulatory reserve (Note 28) RM’000 Statutory reserve (Note 28) RM’000 Available- for-sale deficit (Note 28) RM’000 (Accumulated losses)/ Retained profits (Note 28) RM’000 Total equity RM’000 At 1 January 2016 770,000 – – 65,500 22,111 94,623 (12,786) (47,895) 891,553 Net profit for the financial year – – – – – – – 22,027 22,027 Other comprehensive income – – – – – – 5,413 – 5,413 Total comprehensive income for the financial year – – – – – – 5,413 22,027 27,440 Transfer to regulatory reserve – – – – 1,818 – – (1,818) – Reserve arising from group internal reorganisation – (16,487) – – – – – – (16,487) Capital restructuring exercise involving: Capital reduction (47,453) – – – – – – 47,453 – Par value reduction (541,910) 16,487 153,863 – – 371,118 – 442 – At 31 December 2016 180,637 – 153,863 65,500 23,929 465,741 (7,373) 20,209 902,506 The accompanying notes form an integral part of these financial statements. Kenanga Investment Bank Berhad 94 STATEMENT OF CHANGES IN EQUITY For the financial year ended 31 December 2017