MIMOS Annual Report 2007

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In achieving its vision to become a premier applied research centre in frontiertechnologies, MIMOS has unveiled SATRIA, a set of eight execution strategies.The SATRIA has eight execution strategies namely:SATRIA 1: LEADERSHIP CORE VALUESSATRIA 2: APPLIED RESEARCH FOCUSSATRIA 3: ADVANCED TECHNOLOGY ROADMAPSATRIA 4: DEVELOPMENT OF TECHNOLOGY PORTFOLIOSSATRIA 5: MARKET FOCUSSATRIA 6: SMART PARTNERSHIPSATRIA 7: SUSTAINING GROWTHSATRIA 8: RULES OF ENGAGEMENTAnnual Report 2007 35
Building Foundation with IntegrityTo strengthen and formalise our inherent culture ofintegrity, we have carved MIMOS Code of Ethics for ourcore ethical practices. MIMOS Code of Ethicscomprises 13 major items addressing ethical practiceswhich are manifestations of our Say-Do culture. Thiscode will serve as a shining beacon, a strong reminderto aid in our consistent conduct without fear and favour,and with integrity. It serves to reassure and set anexpectation level for all stakeholders, including ourinternal and external customers and suppliers.Such a code is crucial to inculcate the “UncompromisingIntegrity” value which is the first of our SATRIA’sLeadership Core Values. To show our seriousness, 28September is being commemorated and celebrated asMIMOS Ethics Day. Further proof of our firm resolve topractice high ethical standards is derived from thevoluntary Declaration of Compliance to this Code byeveryone at MIMOS.A MIMOS Ethics Compliance Committee was formedand tasked with the responsibility for resolving disputeswhich involve ethical issues. This committee is chairedby MIMOS President and CEO with Corporate HumanResources (CHR) division Vice President as the EthicsCompliance Programme Officer and the Internal AuditDepartment serving as the committee’s secretariat. TheVP of CHR will spearhead the implementation ofMIMOS Code of Ethics.36Annual Report 2007
Page 1 and 2: TransformingINNOVATIONSANNUAL REPOR
Page 3 and 4: CONCEPT RATIONALEIn everyday use, a
Page 5 and 6: Our Vision and MissionOur VisionTo
Page 7 and 8: Corporate InformationCompany Name:
Page 9 and 10: Corporate Structure100 %100 %100 %M
Page 11 and 12: 10Annual Report 2007
Page 13 and 14: Senior Leadership TeamDato’ Abdul
Page 15 and 16: Foreword by the MinisterHarnessing
Page 17 and 18: President & CEO’s MessageThe year
Page 20 and 21: DRIVINGFrontier Technologies
Page 22 and 23: Growing Intellectual PropertyAt MIM
Page 24 and 25: Innovating Technologies and Platfor
Page 26: 4.Communication TechnologyCommunica
Page 29 and 30: Fresh Engagement ModelAside from a
Page 31 and 32: National Angkasawan ProgrammeHistor
Page 34 and 35: BUILDINGOrganisational Excellence
Page 38: Capacity and Capability Development
Page 41 and 42: Advancing the Human Capital Develop
Page 44 and 45: CORPORATEMilestone
Page 46 and 47: 13 March15 March6 MARCHMIMOS partic
Page 48 and 49: 20 - 23 July25 July27 - 29 July20-2
Page 50 and 51: 26 OCTOBERMIMOS received Technology
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Page 55 and 56: DIRECTORS REPORTThe directors prese
Page 57 and 58: OTHER STATUTORY INFORMATION(a) Befo
Page 59 and 60: MIMOS BerhadSTATEMENT BY DIRECTORSP
Page 61 and 62: MIMOS BerhadINCOME STATEMENTSGROUPC
Page 63 and 64: MIMOS BerhadBALANCE SHEETSAS AT 31
Page 65 and 66: MIMOS BerhadCOMPANY STATEMENT OF CH
Page 67 and 68: CONSOLIDATED CASH FLOW STATEMENT200
Page 69 and 70: CASH FLOW STATEMENTCASH FLOWS FROM
Page 71 and 72: 2. SIGNIFICANT ACCOUNTING POLICIES
Page 85 and 86: 5. LOSS BEFORE TAXATION (CONTD.)Gro
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7. TAXATION (CONTD.)The Company was
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8. PROPERTY, PLANT AND EQUIPMENTFur
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8. PROPERTY, PLANT AND EQUIPMENT (C
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8. PROPERTY, PLANT AND EQUIPMENT (C
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MIMOS Berhad8. PROPERTY, PLANT AND
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MIMOS Berhad8. PROPERTY, PLANT AND
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MIMOS Berhad10. INVESTMENT IN SUBSI
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MIMOS Berhad11. INVESTMENT IN ASSOC
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MIMOS Berhad16. OTHER RECEIVABLESGr
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MIMOS Berhad(b) WarrantyA subsidiar
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MIMOS Berhad21. BORROWINGS (CONTD.)
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MIMOS Berhad24. DEFERRED TAXATION (
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MIMOS Berhad25. FUNDS ACCOUNTSGroup
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MIMOS Berhad25. FUNDS ACCOUNTS (CON
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MIMOS Berhad27. CAPITAL COMMITMENTS
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TransformingINNOVATIONSw w w . m i
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