FGV Audited Financial Statements 2020

Inside This Report Statement On Directors’ Responsibility GET IT Download “QR Code Reader” app from the Google Play (Android Market), BlackBerry AppWorld, App Store (iOS/ iPhone) or Windows Phone Store RUN IT Run the QR Code Reader app and point your camera at the QR Code ACCESS IT Get access to the online Integrated Annual Report HOW TO GE T OUR REPORT 2 Directors’ Report 6 Statement by Directors 6 Statutory Declaration 7 Independent Auditors’ Report 12 Financial Statements 28 Notes to the Financial Statements The Directors are required by the Companies Act 2016 (Act) to prepare Financial Statements for each financial year which give a true and fair view of the financial position of the Group and of the Company at the end of the financial year and of the financial performance and cash flows of the Group and of the Company for the financial year. As required by the Act and the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Financial Statements for the financial year ended 31 December 2020, have been prepared in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Act. The Directors consider that in preparing the Financial Statements for the financial year ended 31 December 2020 set out on pages 12 to 190, the Group and the Company have applied the appropriate accounting policies on a consistent basis and supported by reasonable and prudent judgments and estimates. The Directors have responsibility for ensuring that proper accounting records are kept. The accounting records should disclose with reasonable accuracy the financial position of the Group and of the Company to enable the Directors to ensure that the Financial Statements comply with the Act. The Directors have the general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Group and to prevent and detect fraud and other irregularities. This Statement was made in accordance with a resolution of the Board of Directors dated 31 March 2021.