BIMB Integrated Annual Report 2017

DIVIDENDS Since the end of the previous financial year, the amount of dividends paid by the Company were as follows: RM’000 (i) In respect of the financial year ended 31 December 2016 as reported in the Directors’ Report of that year: Dividend of 13.00% per ordinary share, declared on 02 December 2016, ex-date on 28 December 2016, and paid on 27 January 2017 206,529 (ii) In respect of the financial year ended 31 December 2017: Dividend of 14.00% per ordinary share, declared on 30 November 2017, ex-date on 27 December 2017, and paid on 25 January 2018 229,284 435,813 The directors do not recommend any more dividend to be paid for the financial year under review. IMPAIRED FINANCING Before the financial statements of the Group and of the Company were made out, the Directors took reasonable steps to ascertain that proper actions had been taken in relation to the writing off of bad financing and the making of impairment provisions for impaired financing, and have satisfied themselves that all known bad financing have been written off and adequate impairment provisions made for impaired financing. At the date of this report, the Directors are not aware of any circumstances that would render the amount written off for bad financing, or the amount of impairment provisions for impaired financing in the financial statements of the Group and of the Company, inadequate to any substantial extent. CURRENT ASSETS Before the financial statements of the Group and of the Company were made out, the Directors took reasonable steps to ascertain that any current assets, other than financing, which were unlikely to be realised in the ordinary course of business at their values as shown in the accounting records of the Group and of the Company have been written down to their estimated realisable value. At the date of this report, the Directors are not aware of any circumstances that would render the values attributed to the current assets in the financial statements of the Group and of the Company to be misleading. VALUATION METHODS At the date of this report, the Directors are not aware of any circumstances which have arisen which render adherence to the existing methods of valuation of assets or liabilities of the Group and of the Company to be misleading or inappropriate. DIRECTORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 155 Overview Value Creation Accountability Financial Statements Sustainability Performance Data Shareholders Information 21 st AGM Information Management Discussion & Analysis e