We, Datuk Abu Huraira bin Abu Yazid and Datuk Yee Yang Chien, being two of the directors of MISC Berhad, do hereby state that, in the opinion of the directors, the accompanying financial statements set out on pages 297 to 447 are drawn up in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act 2016 in Malaysia so as to give a true and fair view of the financial position of the Group and of the Corporation as at 31 December 2021 and of their financial performance and cash flows for the year then ended. Signed on behalf of the Board in accordance with a resolution of the directors dated 21 February 2022. Datuk Abu Huraira bin Abu Yazid Datuk Yee Yang Chien STATEMENT BY DIRECTORS INCOME STATEMENTS Pursuant to Section 251(2) of the Companies Act 2016 For the year ended 31 December 2021 I, Raja Azlan Shah bin Raja Azwa, being the officer primarily responsible for the financial management of MISC Berhad, do solemnly and sincerely declare that the accompanying financial statements set out on pages 297 to 447 are in my opinion correct, and I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions of the Statutory Declarations Act, 1960. Subscribed and solemnly declared by the abovenamed Raja Azlan Shah bin Raja Azwa, at Kuala Lumpur in Wilayah Persekutuan on 21 February 2022. Raja Azlan Shah bin Raja Azwa Before me, STATUTORY DECLARATION Pursuant to Section 251(1)(b) of the Companies Act 2016 Group Corporation Note 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Revenue 3 10,671,707 9,401,234 1,000,106 1,013,630 Cost of sales (8,054,217) (6,521,409) (627,059) (623,392) Gross profit 2,617,490 2,879,825 373,047 390,238 Other operating income 4 369,415 141,681 1,632,254 1,668,786 Impairment provisions 5(a) (111,910) (331,376) (57,961) (37,071) Gain on disposal of ships 31,570 25,135 – – (Loss)/gain from deconsolidation of a subsidiary 8 (2,241) – 25,025 – Gain on disposal of interest in joint ventures 19 25,126 – – – Write off of trade receivables and loss on re-measurement of finance lease receivables 9 – (846,229) – – Provision for litigation claims 9 – (1,049,248) – – Finance income 10(a) 48,250 112,612 65,970 121,459 General and administrative expenses (1,086,833) (1,116,923) (241,290) (194,038) Finance costs 10(b) (417,343) (368,084) (26,156) (30,824) Share of profit of joint ventures 297,432 428,782 – – Share of profit of associates 3,666 241 – – Profit/(loss) before taxation 5 1,774,622 (123,584) 1,770,889 1,918,550 Taxation 11 (41,075) (46,247) (1,633) (6,214) Profit/(loss) after taxation 1,733,547 (169,831) 1,769,256 1,912,336 Attributable to: Equity holders of the Corporation 1,831,264 (43,067) 1,769,256 1,912,336 Non-controlling interests (97,717) (126,764) – – 1,733,547 (169,831) 1,769,256 1,912,336 Earnings/(loss) per share attributable to equity holders of the Corporation (sen) Basic 12 41.0 (1.0) Diluted 12 41.0 (1.0) The accompanying accounting policies and explanatory notes form an integral part of the financial statements. MISC Berhad 296 Integrated Annual Report 2021 MISC Berhad Integrated Annual Report 2021 297 FINANCIAL STATEMENTS FINANCIAL STATEMENTS
RkJQdWJsaXNoZXIy NDgzMzc=