of electricity and those tabulated in Note 49 to the financial statements, which has the details of the subsidiaries of the Group. There have been no significant changes in these activities during the financial year. FINANCIAL RESULTS Group Company RM’million RM’million Profit for the financial year attributable to: - Owners of the Company 2,770.3 2,955.0 - Non-controlling interests (166.7) 0 Profit for the financial year 2,603.6 2,955.0 DIVIDENDS The dividends paid or declared by the Company since the previous financial year ended 31 December 2022 were as follows: RM’million In respect of the financial year ended 31 December 2022: Final single tier dividend of 26.0 sen per ordinary share, paid on 14 April 2023 1,495.8 In respect of the financial year ended 31 December 2023: Interim single tier dividendof 18.0 sen per ordinary share, paid on 17 October 2023 1,041.7 The Directors have approved a final single tier dividend of 28.0 sen per share on 5,787,331,871 ordinary shares in respect of the financial year ended 31 December 2023 amounting to a total of RM1,620.5 million. The dividends will be paid on 18 April 2024. RESERVES AND PROVISIONS All material transfers to or from reserves and provisions during the financial year are shown in the financial statements. ISSUE OF SHARES During the financial year, the paid-up share capital of the Company increased due to the vesting of Long Term Incentive Plan (‘LTIP’) granted to eligible employees, details of which are disclosed in Note 34 to the financial statements. The new ordinary shares rank pari passu in all respects with the existing ordinary shares of the Company. FINANCIAL STATEMENTS Sec 5 197 TENAGA NASIONAL BERHAD’S LTIP The Company implemented a LTIP on 30 April 2015 for a period of 10 years. The LTIP is governed by the by-laws, which are approved by the shareholders at an Extraordinary General Meeting on 18 December 2014. The main features and details of the number of grants over the shares of the Company are set out in Note 34 to the financial statements. The