Table of Contents 1 91

SCC Holdings Berhad Annual Report 2017

CORPORATE INFORMATION 3
CORPORATE STRUCTURE 4
FINANCIAL HIGHLIGHTS 5
DIRECTORS’ PROFILE 6
CHAIRMAN’S STATEMENT 8
MANAGEMENT DISCUSSION & ANALYSIS 9
CORPORATE SOCIAL RESPONSIBILITY 11
CORPORATE GOVERNANCE OVERVIEW STATEMENT 12
AUDIT COMMITTEE REPORT 16
ADDITIONAL COMPLIANCE INFORMATION 18
STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL 19
STATEMENT OF DIRECTORS’ RESPONSIBILITY FOR THE AUDITED FINANCIAL STATEMENTS 22
FINANCIAL STATEMENTS 23
DIRECTORS’ REPORT 24
STATEMENT BY DIRECTORS 28
STATUTORY DECLARATION 28
INDEPENDENT AUDITORS’ REPORT 29
STATEMENTS OF FINANCIAL POSITION 32
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 33
STATEMENTS OF CHANGES IN EQUITY 34
STATEMENTS OF CASH FLOWS 36
NOTES TO THE FINANCIAL STATEMENTS 38
Corporate Information 38
Basis of Preparation 38
Significant Accounting Policies 44
P roperty, Plant and Equipment 55
Investments in Subsidiary Companies 56
Goodwill on Consolidation 57
Investment Securities 58
Inventories 58
Trade Receivables 59
Other Receivables 60
Amounts due from Subsidiary Companies 60
Other Investments 60
Share Capital 61
Reserves 62
Finance Lease Liabilities 63
Deferred Tax Liabilities 63
Trade Payables 64
Tther Payables 65
Bank Borrowings 65
Revenue 65
Finance Costs 66
Profit Before Taxation 66
Taxation 67
Earnings per Share 68
Dividends 69
Employee Benefit Expenses 69
Reconciliation of Liabilities arising from Financing Activities 69
Related Party Disclosures 70
Operating Segments 71
Financial Instruments 75
Capital Management 83
Comparative Figures 83
Date of Authorisation for Issue 83
ANALYSIS OF SHAREHOLDINGS 84
LIST OF PROPERTIES 86
NOTICE OFANNUAL GENERAL MEETING 87

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