Yinson Annual Report 2021

180 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY DIRECTORS' REPORT The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 January 2021. Principal activities The principal activities of the Company are investment holding and provision of management services. The principal activities of the Group are disclosed in Note 19 to the financial statements. There have been no significant changes in the nature of these activities during the financial year except for the commencement of business activities for the Renewables segment. Financial results Group Company RM million RM million Profit for the financial year 412 249 Attributable to: Owners of the Company 315 249 Non-controlling interests 97 - 412 249 Dividends Dividends paid and proposed since the end of the previous financial year are as follows: RM million In respect of the financial year ended 31 January 2021: - Interim single tier dividend of 4.0 sen per share, paid on 18 December 2020 43 In respect of the financial year ended 31 January 2020: - Final single tier dividend of 2.0 sen per share, paid on 28 August 2020 21 64 The Directors recommend a final single tier dividend of 2.0 sen per share in respect of the current financial year for shareholders' approval at the forthcoming Annual General Meeting. If approved, the entitlement date and payment date for the dividend would be 5 August 2021 and 30 August 2021 respectively. Reserves and provisions All material transfers to or from reserves and provisions during the financial year are disclosed in the financial statements.