BIMB Integrated Annual Report 2017

This statement is prepared pursuant to the Companies Act, 2016 and the Listing Requirements of Bursa Securities. The Directors are required to prepare financial statements which give a true and fair view of the state of affairs of the Group and the Company as at the end of each financial year and of their cash flows for that year then ended. In preparing the financial statements for the year ended 31 December 2017, the Directors have: • adopted suitable accounting policies and applied them consistently; • made judgments and estimates that are reasonable and prudent; • ensured applicable Financial Reporting Standards have been followed; and • prepared the financial statements on a going concern basis. The Board has the overall responsibility to take all steps as are reasonably necessary to safeguard the assets of the Group to prevent and detect fraud and other irregularities. This statement is made in accordance with a resolution of the Board dated 28 March 2018. STATEMENT ON DIRECTORS’ RESPONSIBILITY 149 Overview Value Creation Accountability Financial Statements Sustainability Performance Data Shareholders Information 21 st AGM Information Management Discussion & Analysis