Annual Report 2019

5 Corporate Information 6 Major Events of Financial Year 2019 8 Statement of Profit or Loss Highlights 9 Statement of Financial Position Highlights 12 Chairman and Chief Executive Officer’s Statement 18 Managing Director’s Report 26 Profile of Directors and Senior Management 31 Five-Year Financial Summary 34 Management Discussion and Analysis 58 Environmental, Social and Governance Report 98 Awards and Accolades 104 Diversified and Balanced Portfolio of Businesses CONTENTS 106 Major Projects 121 Directors’ Report 132 Corporate Governance Report 145 Independent Auditor’s Report 151 Consolidated Statement of Profit or Loss 152 Consolidated Statement of Profit or Loss and Other Comprehensive Income 153 Consolidated Statement of Financial Position 155 Consolidated Statement of Changes In Equity 157 Consolidated Statement of Cash Flows 160 Notes to the Consolidated Financial Statements 268 List of Principal Properties 294 Glossary