MISC Integrated Annual Report 2020

Integrated Marine Services Business Review on page 176 Anchoring Sustainability @ MISC on page 113 Anchoring Sustainability @ MISC on page 112 Skilled workforce Ocean health Employee engagement i. Invest in the next generation via well-established and fully functioning programmes that promote education and awareness amongst the youth towards becoming the next leaders in the industry and in contributing towards their future development ii. Organise various community investment activities and donations at MISC Group offices, locally and internationally iii. Collaborate with the maritime community in shaping the future of the seaborne trade • A total of 1,023 new cadets enrolled at ALAM from 2016 – 2020, where 668 cadets were sponsored by our subsidiary, Eaglestar • Contributed RM7.5 million for COVID-19 national pandemic response and COVID-19 related aids • For Community Investment Programme, refer to page 113 • In 2018, we became the Strategic Partner and founding member of the Global Maritime Forum (GMF) which is committed to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing KEY FOCUS AREA REFERENCE TO OTHER SECTIONS KEY ACHIEVEMENTS STRATEGIC PRIORITIES MATERIAL MATTERS UNSDG PILLAR/KEY FOCUS AREA 6: TO CREATE A POSITIVE DIFFERENCE TO THE LIVES OF COMMUNITIES Financial 1. Net profit/(loss) after tax (NPAT/NLAT) 2. Cash flows from operating activities RM1,284 million RM4,099 million RM1,436 million RM5,579 million (RM170 million) RM5,588 million Strategic initiative 1. CAPEX in new projects that generate secured and recurring income USD900 million USD1,100 million* USD2,800 million* Operations 1 Vessel availability 2 Vessel utilisation 3 Offshore floaters uptime 100% (LNG) 99% (Petroleum) 100% (LNG) 98% (Petroleum) 98% 100% (LNG) 99% (Petroleum) 100% (LNG) 98% (Petroleum) 99% 99% (LNG) 100% (Petroleum) 100% (LNG) 98% (Petroleum) 99% HSE 1. Number of fatalities 2. Major spill incidents 3. LTIF 4. TRCF 1 0 0.07 0.22 0 0 0.10 0.26 1 0 0.04 0.18 People development 1. Succession planning - Ratio of potential successors for: • Management Committee positions • Critical positions 2.3:1 1:1 2.2:1 1.6:1 2.4:1 1.9:1 OTHER KEY PERFORMANCE INDICATORS AND RESULTS KPI 2018 RESULTS 2019 RESULTS 2020 RESULTS * Included in the CAPEX value in new projects for FY2019 of USD1,100 million is USD300 million of a new project that was announced in February 2020. This project has been excluded from the FY2020 total. DELIVERING OUR STRATEGY // Key Messages / Highlights / Strategic Review / Sustainability / Financial Review ////// MISC Berhad / Integrated Annual Report 2020 4 100 MISC Berhad / Integrated Annual Report 2020 4 101 ////// Financial Review / Sustainability / Strategic Review / Highlights / Key Messages // Section Section