CONTENTS | 2 |
Corporate Information | 3 |
Corporate Structure | 4 |
Corporate Milestones | 5 |
Directors’ Profile | 7 |
Group Financial Highlights | 12 |
Chairman’s Statement | 13 |
Corporate Social Responsibilities Statement | 23 |
Statement On Corporate Governance | 25 |
Audit Committee Report | 38 |
Statement On Risk Management And Internal Control | 41 |
Statement On Directors’ Responsibility | 45 |
CONTENTS (Financial Statements) | 46 |
Directors’ Report | 47 |
Statement By Directors | 51 |
Statutory Declaration | 51 |
Independent Auditors’ Report | 52 |
Statements Of Comprehensive Income | 54 |
Statements Of Financial Position | 55 |
Statements Of Changes In Equity | 57 |
Statements Of Cash Flow | 60 |
Notes To The Financial Statements | 62 |
1. Corporate information | 62 |
2. Summary of significant accounting policies | 62 |
3. Significant accounting judgements and estimates | 78 |
4. Revenue | 80 |
5. Other operating income | 80 |
6. Finance costs | 80 |
7. Profit before tax | 81 |
8. Employee benefits expenses | 81 |
9. Directors' remuneration | 82 |
10. Income tax expense | 83 |
11. Earnings per share | 84 |
12. Property, plant and equipment | 85 |
13. Investment properties | 86 |
14. Other investments | 86 |
15. Investment in subsidiaries | 87 |
16. Investment in a joint venture | 88 |
17. Properties held for sale | 89 |
18. Property development costs | 90 |
19. Inventories | 90 |
20. Trade and other receivables | 91 |
21. Other current assets | 93 |
22. Gross amount due from/(to) customers for contract work-in-progress | 93 |
23. Cash and bank balances | 94 |
24. Loans and borrowings | 95 |
25. Trade and other payables | 97 |
26. Other liabilities | 98 |
27. Deferred taxation | 98 |
28. Share capital, share premium and treasury shares | 99 |
29. Retained earnings | 99 |
30. Other reserves | 100 |
31. Related party disclosures | 100 |
32. Commitments | 101 |
33. Fair value | 102 |
34. Financial risk management objectives and policies | 103 |
35. Restatement | 107 |
36. Capital management | 109 |
37. Segment Information | 109 |
38. Dividends | 111 |
39. Significant events during the financial year | 111 |
40. Authorisation of financial statements for issue | 112 |
41. Supplementary information - Breakdown of retained profits into realised and unrealised | 113 |
Analysis of Shareholdings | 114 |
Analysis of Warrant Holdings | 117 |
List of Properties | 120 |
Notice of Sixth Annual General Meeting | 121 |
Proxy Form | 126 |