Statement by Directors 138 petronas gas berhad (101671-h) In the opinion of the Directors, the financial statements set out on pages 139 to 192, are drawn up in accordance with Financial Reporting Standards and the Companies Act, 1965 in Malaysia so as to give a true and fair view of the financial position of the Group and of the Company at 31 March 2011 and of their financial performance and cash flows for the year ended on that date. In the opinion of the Directors, the information set out in Note 38 to the financial statements has been compiled in accordance with the Guidance on Special Matter No.1, Determination of Realised and Unrealised Profits or Losses in the Context of Disclosures Pursuant to Bursa Malaysia Securities <strong>Berhad</strong> Listing Requirements, issued by the Malaysian Institute of Accountants, and presented based on the format prescribed by Bursa Malaysia Securities <strong>Berhad</strong>. Signed on behalf of the Board of Directors in accordance with a resolution of the Directors: Datuk Anuar bin Ahmad Samsudin bin Miskon Kuala Lumpur, 11 May 2011 Statutory Declaration I, Karima bt Mohd Noor, the officer primarily responsible for the financial management of <strong>PETRONAS</strong> GAS BERHAD, do solemnly and sincerely declare that the financial statements set out on pages 139 to 192, are, to the best of my knowledge and belief, correct and I make this solemn declaration conscientiously believing the same to be true, and by virtue of the provisions of the Statutory Declarations Act, 1960. Subscribed and solemnly declared by the abovenamed Karima bt Mohd Noor in Kuala Lumpur on 11 May 2011 BEFORE ME:
Statements of Financial Position at 31 MarCh 2011 139 annUaL report 2011 Group Company Note 2011 2010 2011 2010 Restated Restated RM’000 RM’000 RM’000 RM’000 ASSETS Property, plant and equipment 3 6,830,609 6,908,208 6,702,248 6,887,262 Investment in subsidiary 5 – – 75,729 3,000 Investment in associate 6 175,087 174,036 103,336 103,336 Investment in jointly controlled entity 7 2,606 4,481 250 250 TOTAL NON-CURRENT ASSETS 7,008,302 7,086,725 6,881,563 6,993,848 Trade and other inventories 8 100,399 144,017 100,399 144,017 Trade and other receivables 9 369,997 322,228 374,513 338,373 Fund and other investments 10 275,082 100,252 275,082 100,252 Cash and cash equivalents 11 2,756,079 2,181,502 2,743,731 2,173,921 TOTAL CURRENT ASSETS 3,501,557 2,747,999 3,493,725 2,756,563 TOTAL ASSETS 10,509,859 9,834,724 10,375,288 9,750,411 EQUITY Share capital 12 1,978,732 1,978,732 1,978,732 1,978,732 Reserves 13 6,487,024 6,037,138 6,415,176 5,964,164 Total equity attributable to the shareholders of the Company 8,465,756 8,015,870 8,393,908 7,942,896 Minority shareholder’s interests 14 49,415 1,131 – – TOTAL EQUITY 8,515,171 8,017,001 8,393,908 7,942,896 LIABILITIES Borrowings 15 423,580 437,682 423,580 437,682 Deferred tax 16 1,107,000 1,132,000 1,107,000 1,132,000 Deferred income 17 11,937 13,597 11,937 13,597 TOTAL NON-CURRENT LIABILITIES 1,542,517 1,583,279 1,542,517 1,583,279 Trade and other payables 18 340,030 202,230 326,728 192,022 Taxation 112,141 32,214 112,135 32,214 TOTAL CURRENT LIABILITIES 452,171 234,444 438,863 224,236 TOTAL LIABILITIES 1,994,688 1,817,723 1,981,380 1,807,515 TOTAL EQUITY AND LIABILITIES 10,509,859 9,834,724 10,375,288 9,750,411 The notes set out on pages 143 to 192 are an integral part of these fi nancial statements.
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ANNUAL REPORT 2011 In 2011, PGB is
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Our Vision, Mission and Shared Valu
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Our Vision A World Class Gas and Ut
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The Sabah-Sarawak Gas Pipeline (SSG
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2,982.3 2007 1,281.2 1,247.0 2007 9
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Corporate Information Our Operation
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Gas Processing Plant Operations Div
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Miri Pipeline System Network Bintul
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Corporate and Management Directory
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Dato’ N. Sadasivan s/o N.N. Pilla
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Samsudin bin Miskon, a Malaysian ag
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Muri bin Muhammad, a Malaysian aged
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Lau Nai Tuang, a Malaysian aged 53,
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Farehana binti Hanapiah, a Malaysia
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Karima binti M Noor General Manager
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Karima binti Mohd Noor General Mana
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Muhamed Ali bin Hashim Mohamed Mana
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Ahmad Nawawi bin Mohd Yatim General
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Liza binti Mustapha Liza, aged 40,
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Performance Review Q&A with the Cha
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39 annual report 2011 The Board of
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41 annual report 2011 PGB’s entry
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43 annual report 2011 The company i
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Clear and precise communication bet
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49 annUaL report 2011 CEO’s Busin
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GATEWAY TO THE NEXT HORIZON Unlocki
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mainly attributable to the enhanced
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KIMANIS POWER PLANT Power Play - Fl
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We can have the best equipment, the
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monumental success in spite of them
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Due to PGB’s extensive experience
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Apart from the Chairmanship, the ye
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Comparison between 3 rd Term GPTA a
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stAtements of ComPrehensive inCome
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Earnings Per Share and Net Dividend
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Performance of Shares For the Year
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Drive + Innovation + Technology = P
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Awards and Achievements With collec
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79 annUaL report 2011 Corporate Res
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Sustainability - The PGB Way As a r
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PGB continues to invest for the fut
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Engagement with international and d
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Notes to the Financial Statements 3
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Notes to the Financial Statements 3
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Report of the Auditors to the MeMbe
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Other Information 195 annUaL report
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197 annUaL report 2011 A summary of
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199 annUaL report 2011 A summary of
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201 annUaL report 2011 A summary of
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Training Programmes Attended by Dir
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Analysis of Shareholdings as at 31
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Analysis of Shareholdings as at 31
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Corporate Directory PETRONAS Gas Be
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Notice of Annual General Meeting No
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