Table of Contents
1
170
GHL System Berhad Annual Report 2018
Annual Report 2018
1
CONTENTS
2
Vision, Mission And Core Values
3
Corporate profile
4
Corporate structure
5
Corporate information
7
Financial highlights
9
Key Performance Indicators
10
Management Discussion And Analysis
11
Directors’ Profile
19
Key Senior Managements' Profile
25
Corporate directory
28
Corporate Governance Overview Statement
29
Audit and risk committee report
40
Statement on risk management and internal control
44
Other Statements and Disclosures
50
Sustainability Statement
51
CONTENTS (Financial Statements)
58
DIRECTORS' REPORT
58
STATEMENT BY DIRECTORS
65
STATUTORY DECLARATION
65
INDEPENDENT AUDITORS’ REPORT
66
STATEMENTS OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOME
71
STATEMENTS OF FINANCIAL POSITION
72
STATEMENTS OF CHANGES IN EQUITY
74
STATEMENTS OF CASH FLOWS
78
NOTES TO THE FINANCIAL STATEMENTS
81
1. CORPORATE INFORMATION
81
2. PRINCIPAL ACTIVITIES
81
3. BASIS OF PREPARATION
81
4. OPERATING SEGMENT
81
5. REVENUE
84
6. PROFIT BEFORE TAX
86
7. EMPLOYEE BENEFITS
87
8. DIRECTORS’ REMUNERATION
87
9. TAX EXPENSE
88
10. EARNINGS PER SHARE
90
11. DIVIDENDS
90
12. PROPERTY, PLANT AND EQUIPMENT
91
13. INTANGIBLE ASSETS
96
14. GOODWILL
98
15. INVESTMENTS IN SUBSIDIARIES
100
16. INVESTMENTS IN JOINT VENTURES AND AN ASSOCIATE
109
17. AVAILABLE-FOR-SALE INVESTMENTS
111
18. OTHER INVESTMENT
112
19. DEFERRED TAX
113
20. INVENTORIES
116
21. TRADE AND OTHER RECEIVABLES
117
22. CASH AND BANK BALANCES
122
23. SHARE CAPITAL
124
24. RESERVES
129
25. BORROWINGS
130
26. HIRE PURCHASE CREDITORS
135
27. DEFERRED INCOME
135
28. TRADE AND OTHER PAYABLES
136
29. CONTINGENT LIABILITIES
138
30. COMMITMENTS
139
31. RELATED PARTIES DISCLOSURES
140
32. CAPITAL AND FINANCIAL RISK MANAGEMENT
142
33. SIGNIFICANT EVENTS DURING THE FINANCIAL YEAR
144
34. SIGNIFICANT EVENTS SUBSEQUENT TO THE END OF THE REPORTING PERIOD
145
35. ADOPTION OF NEW MFRSs AND AMENDMENTS TO MFRSs
145
LIST OF PROPERTIES
151
ANALYSIS OF SHAREHOLDINGs
152
NOTICE OF TWENTY-FIFTH ANNUAL GENERAL MEETING
155
STATEMENT TO SHAREHOLDERS
159
PROXY FORM
168
Made with FlippingBook
RkJQdWJsaXNoZXIy NDgzMzc=