CAHYA MATA SARAWAK ANNUAL REPORT 2016

What’s Inside Section 0I CORPORATE OUR BUSINESS 2 CORPORATE INFORMATION 4 CORPORATE STRUCTURE 5 Section 02 THE YEAR IN BRIEF CORPORATE MILESTONES 6 PERFORMANCE AT A GLANCE 10 FINANCIAL HIGHLIGHTS 11 2016 SHARE PRICE PERFORMANCE 11 Section 03 PERFORMANCE 2016 CHAIRMAN’S STATEMENT 12 MANAGEMENT DISCUSSION AND ANALYSIS 16 CEMENT 18 CLINKER 19 CONCRETE PRODUCTS 19 CONSTRUCTION MATERIALS & TRADING 20 CONSTRUCTION & ROAD MAINTENANCE 22 PROPERTY DEVELOPMENT 23 STRATEGIC INVESTMENTS 27 BUSINESS RISKS 32 MOVING FORWARD & IN APPRECIATION 33 Section 04 MANAGEMENT BOARD OF DIRECTORS’ PROFILE 36 SENIOR MANAGEMENT TEAM 44 Section 05 SUSTAINABILITY STATEMENT CMS’ COMMITMENT TO SUSTAINABILITY 52 Section 06 GOVERNANCE STATEMENT ON CORPORATE GOVERNANCE 53 GROUP AUDIT COMMITTEE REPORT 68 STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL 72 ADDITIONAL COMPLIANCE INFORMATION 78 STATEMENT OF DIRECTORS’ RESPONSIBILITY 79 Section 07 FINANCIAL STATEMENTS DIRECTORS’ REPORT 81 STATEMENT BY DIRECTORS 85 STATUTORY DECLARATION 85 INDEPENDENT AUDITORS’ REPORT 86 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 90 STATEMENTS OF FINANCIAL POSITION 92 STATEMENTS OF CHANGES IN EQUITY 94 STATEMENTS OF CASH FLOWS 97 NOTES TO THE FINANCIAL STATEMENTS 102 SUPPLEMENTARY INFORMATION 197 Section 08 ADDITIONAL INFORMATION ANALYSIS OF SHAREHOLDINGS 198 LIST OF PROPERTIES 201 GROUP DIRECTORY 206 Section 09 ANNUAL GENERAL MEETING 2017 ADMINISTRATIVE GUIDE 208 NOTICE OF 42 ND ANNUAL GENERAL MEETING 210 STATEMENT ACCOMPANYING NOTICE OF 42 ND ANNUAL GENERAL MEETING 217 FORM OF PROXY