Page 143 - KWAP_AR2022

FoR BetteR RetuRns Annual Report 2022 141

statements of
changes in equity
for the year ended 31 december 2022

Non-Distributable Distributable
Fair Value
Through
Other
Compre-
Allocation Pension Withdrawal Foreign hensive
Of Statutory Contri- by Federal Other Exchange Income Retained
Funds butions Government Reserves Reserve Reserves Earnings Total
(Note 26) (Note 27) (Note 28) (Note 30) (Note 30) (Note 30) (Note 29)
KWAP RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
At 1 January 2021 27,001,944 57,307,209 (9,500,000) - - (3,482,499) 82,492,478 153,819,132
profit for the year - - - - - - 9,991,681 9,991,681
other comprehensive loss - - - - - (2,714,626) - (2,714,626)
receipts from statutory funds 500,000 - - - - - - 500,000
Withdrawal by federal government - - (5,000,000) - - - - (5,000,000)
net pension contribution
and claims received - 2,435,568 - - - - - 2,435,568
At 31 December 2021 27,501,944 59,742,777 (14,500,000) - - (6,197,125) 92,484,159 159,031,755

At 1 January 2022 27,501,944 59,742,777 (14,500,000) - - (6,197,125) 92,484,159 159,031,755
profit for the year - - - - - - 262,972 262,972
other comprehensive loss - - - - - (828,874) - (828,874)
receipts from statutory funds 500,000 - - - - - - 500,000
Withdrawal by federal government - - (3,000,000) - - - - (3,000,000)
net pension contribution
and claims received - 2,134,842 - - - - - 2,134,842
At 31 December 2022 28,001,944 61,877,619 (17,500,000) - - (7,025,999) 92,747,131 158,100,695

the accompanying accounting policies and explanatory notes form an integral part of the financial statements.