The directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2022. PRINCIPAL ACTIVITIES The principal activities of the Company are investment holding and provision of management services to its subsidiaries. The principal activities and other information of the subsidiaries, joint ventures and associates are described in Note 46 to the financial statements. RESULTS Group RM’000 Company RM’000 Profit after tax and zakat 45,651 38,209 Attributable to: Owners of the parent 45,879 38,209 Non-controlling interests (228) – 45,651 38,209 There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature. DIVIDENDS The amounts of dividends paid by the Company since 31 December 2021 were as follows: RM’000 In respect of the financial year ended 31 December 2021 as reported in Directors’ report of that year: Single tier interim dividend of 3.00 sen on 831,624,030 ordinary shares declared on 24 February 2022 and paid on 19 May 2022 24,949 On 28 February 2023, the Board of Directors has declared a single tier interim dividend of 4.00 sen per ordinary share on 831,624,030 ordinary shares, amounting to RM33,264,961 to be paid on 18 May 2023. The entitlement date is 20 April 2023. The financial statements for the current financial year do not reflect this dividend. This dividend will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2023. p.250 p.251 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 1 2 3 4 5 6 7 8 9 FINANCIAL STATEMENTS DIRECTORS’ RESPONSIBILITY STATEMENT For the Audited Financial Statements The directors are required by the Companies Act 2016 to prepare the financial statements for each financial year which have been made out in accordance with applicable Malaysian Financial Reporting Standards (“MFRS”), International Financial Reporting Standards (“IFRS”) and the requirements of the Companies Act 2016 in Malaysia. The directors are responsible to ensure that the financial statements give a true and fair view of the state of affairs of the Group and of the Company at the end of the financial year, and of the financial performance and cash flows of the Group and of the Company for the financial year then ended. The directors consider that, in preparing the financial statements for the financial year ended 31 December 2022, the Group and the Company have: • Adopted appropriate accounting policies and applied them consistently; • Made judgements and estimates that are reasonable and prudent; and • Prepared the financial statements on a going concern basis. The directors are responsible to ensure that the Group and the Company keep accounting records which disclose the financial position of the Group and of the Company with reasonable accuracy, enabling them to ensure that the financial statements comply with the applicable MFRS, IFRS and the requirements of the Companies Act 2016 in Malaysia. The directors are satisfied that they have met their obligations to present a balanced and fair assessment of the Group’s and of the Company’s position and prospects in the Directors’ Report on pages 251 to 256 and the Audited Financial Statements from pages 264 to 382 of this Annual Report. DIRECTORS’ REPORT
RkJQdWJsaXNoZXIy NDgzMzc=