Serba Dinamik Annual Report 2021

Integrated Report 2021 133 ^ On 07 May 2021, the Group announced the change of financial year end for the Company and its subsidiaries from31 December 2020 to 30 June 2021. The audited financial statements is for a period of eighteen (18) months, made up from 1 January 2020 to 30 June 2021. STATEMENT OF VALUE ADDED As the Group enlarges the operations globally and proud to be able creating value in the economies which we have operations. Additionally, our business operations create jobs and stimulate the production and consumption of goods and services in the countries we operate in. This is achieved through our supply chain as we purchase goods and services to operate our business. Similarly, we are part of the value chain where our products and services are, in turn, used by our customers to create value. In combination, our supply chain and value-added chain create multiplier effects where wealth moves from one sector of the economy to the next, thus benefitting a wide circle of the commercial and consumer community. The larger our revenue base, the higher the quantum of benefits to the various economies and communities in the countries where we operate. The Group has been and will continue to create value across the country that we are already tap in or while expanding our operation globally to ensure that our brand is widely recognised internationally by bringing along the Malaysian brand to the world. The Group is optimistic about moving forward by tapping onto these proven capabilities into all countries within our global network. This will position the Group as one of the companies which is helping local, regional and global businesses. Currently, our operation has been diversifying to various industry in expanding our product offering toward growing demand from the customer to create value, as most of our operations are essential industries such as oil & gas, power generation and water and utilities. Moreover, the Group has also built a good relationship with corporate institutional to create value by participating in our profits. RM’000 Revenue and other income Less: Purchase of goods and services Value added Finance costs Share of results of equity accounted associates VALUE CREATED Distribution of Value Added To employee - employee costs To government - taxation To shareholders - dividend Retained for reinvestment and future growth - Depreciation & amortisation - Retained profit 2019 4,537,003 (3,793,226) 743,777 (202,773) 35,036 576,040 119,185 46,845 141,431 144,405 124,174 576,040 2021 ^ 8,629,496 (7,336,184) 1,293,312 (332,843) (27,423) 933,046 239,701 90,774 232,224 350,407 19,940 933,046 2020 Statement of Financial Position 37.56% 2.14% Depreciation&amortisation Togovernment-taxation Retainedprofit Toemployee-employeecosts Toshareholders-dividend 24.89% 9.73% 25.69% 2019 Statement of Financial Position 25.07% 21.56% Depreciation&amortisation Togovernment-taxation Retainedprofit Toemployee-employeecosts Toshareholders-dividend 24.55% 8.13% 20.69% Distribution of Value Added FINANCIAL PERFORMANCE 2021 2019