ENRA Group Berhad Annual Report 2021

CORPORATE GOVERNANCE Annual Report 2021 | ENRA Group Berhad 37 G. Sustainability: Raising the Game in A New Environment (Cont’d) 5. The spirit of #KitaJagaKita in practice is clear in ENRA. Amidst the prevailing VUCA, ENRA remains committed to the sustainability agenda to achieve continuous business growth and to generate long-lasting positive impact that will benefit the economy and society as a whole. On a normalised basis, which exclude the one-off exceptional items of impairment loss on goodwill of subsidiaries of RM8.54 mil and the mutual separation scheme (“MSS”) agreed in March 2021 between ENRA and the 10 affected staff, we actually accomplished better profit numbers than our FY2019/20 results as shown in TABLE 4 . TABLE 4 Group Profits Audited FY2019/20 (RM’000) Audited FY2020/21 (RM’000) Normalised FY2020/21 (RM’000) Profit/(loss) before taxation 8,362 (3,398) 6,343 Profit/(loss) after taxation 4,481 (4,535) 5,206 PATAMI/LATAMI 2,480 (6,360) 3,381 H. How we Manage our MSMs 1. Material Economics Sustainability Matters i. Ethics, Governance and Compliance A sustainable business is one that is conducted in a meritocratic, transparent, legitimate and accessible manner without compromising its other corporate responsibilities to ensure its continued success and longevity. Issues of ethics, governance and compliance regularly arise in business transactions and we are firmly committed to conduct our businesses with the highest level of integrity and in full compliance with applicable laws, rules and regulations. Our Corporate Governance Overview Statement, Statement of Risk Management and Internal Control (“SORMIC”) and Audit and Risk Management Committee Report contained in this Annual Report, as well as the Corporate Governance Report provide a fuller picture of the control environment and governance structure and culture within the Group. We have various instruments, tools and enablers in place at our disposal to ensure that the Group and its stakeholders comply with the various laws, regulations and practices applicable to our businesses. The following guidance in ILLUSTRATION 9 was implemented to ensure that we meet this objective: SUSTAINABILITY REPORT