Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

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38 Workplace Employee Fast Facts as at 31 December 2011 No. of employees 1,963 Management 101 Executive 301 Non-Executive 1483 Daily-Paid 78 Turnover Rate* 4.94% Recruitment Cahya Mata Sarawak Berhad *compared to a national turnover rate of over 16%, depending on which survey one relies on and which category of employee. The Management Trainee Development Programme (MTDP) which ended in December 2011 saw 13 graduates successfully absorbed into employment within the CMS Group. The one year intensive programme included a 3-month core training in Finance, HR, Audit and Corporate Communications at Centre Management and 9 months specialised training in specifi c disciplines such as cement and quarry businesses, IT and procurement roles. Apart from undergoing the core and specialised training, all the trainees were exposed to corporate social responsibility activities and involved in major Group activities such as the CMS Games 2011 and the CMS Group Annual Dinner 2011. As part of their development, they were also sent for internal/external training and were often involved in departmental meetings. All trainees had to give an individual presentation to the Group Managing Director, Dato’ Richard Curtis, on ‘Benefi ts and Experience of MTDP and Something to Change, Introduce or Do at CMS’. The ‘Meet the GED’ session was held on 10 May 2011 where the trainees gave an impressive joint presentation to the Group Executive Director, Datuk Syed Ahmad Alwee Alsree. The trainees also had the opportunity to meet the Group Chairman, YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail, on 25 August 2011 to hear about his many corporate experiences and wise advice. Training An Employee Total Wellness Programme was carried out from April to December 2011 covering 12 sessions for 300 employees. The 2-day programme included topics like Introduction to Total Wellness, Stress Management, Ergonomics, The Importance of Exercise, Safety & Health Awareness and Keeping a Healthy Diet. 29 employees comprising of line managers and senior management staff underwent a comprehensive 26-day CMS Strategic Leadership Development Programme in 2011. Employees clocked a total of 24,908 training-hours training in 2011; equivalent to 18 training hours per employee with a total investment of RM0.7 million (excluding Human Resources Development Fund [HRDF] claimable training).
Engagement & Communication Performance Management & Rewards Workplace Annual Retreat 2011 sessions were held for the Board of Directors, Senior Management and Management. Town Hall 2011 roadshows were held in Kuching, Sibu, Bintulu and Miri from 29 November to 2 December. Annual Dinners 2011 were held for employees in Kuching, Sibu, Bintulu and Miri from 30 November to 4 December. CMS Games were held from July until end of 2011 for employees to encourage ‘Synergy Through Sports’. Games included badminton, futsal, bowling, football, darts, table tennis and the CMS Health & Charity Run. OurCMS in-house newsletters were published quarterly. CMS Safety Alert newsletters were published bi-monthly. The 4th phase of Key Performance Indicators (KPI) implementation was completed with the inclusion of supervisors and senior non-executives on the KPI system. By end 2012, the KPI shall phase out the normal appraisal system for the purposes of bonus payments. Care for Our People In a demonstration of showing care to our employees in their time of need, the CMS Compassionate Fund was expended to 5 employees in 2011, where approximately RM38,000 in cash was given out. Health & Safety The emphasis on improving the safety culture across CMS was maintained in the year 2011. The inclusion of de-merit points in all KPIs of all executive-level employees and above which took effect in 2010 continued in 2011. Safety awareness is communicated through the CMS bi-monthly Safety Alert newsletters and increased training on safety and proper handling of machinery and equipment, compliance to Safety policies and procedures including regular toolbox briefi ngs were carried out at all manufacturing operations. The result has been a greater awareness on the importance of safety, and zero fatalities and permanent disabilities across CMS Group throughout 2011. Annual Report 2011 39
Page 1 and 2: Playing Our Role In Nation-building
Page 3 and 4: CONTENTS 2 3 4 8 13 14 15 20 Perfor
Page 5 and 6: Revenue (RM’000) Profi t before t
Page 7 and 8: “ Dear Shareholders, Group Chairm
Page 9 and 10: Whilst the opportunities for the Gr
Page 11 and 12: 10 Mar 4 May 19 May 26 May 27 Jun 2
Page 13 and 14: 24 Feb 1 Jul 19 Oct 30 Nov 24 Feb 1
Page 15 and 16: ��
Page 17 and 18: Board of Directors Tan Sri Dato’
Page 19 and 20: Y Bhg Dato’ Richard Alexander Joh
Page 21 and 22: Y Bhg Datu Michael Ting Kuok Ngie M
Page 23 and 24: DAVID LING KOAH WI Group General Co
Page 25 and 26: Segmental Analysis Segment Revenue
Page 27 and 28: Clinker CMS Cement owns East Malays
Page 29 and 30: Quarrying CMS Quarries Sdn Bhd and
Page 31 and 32: Construction & Road Maintenance The
Page 33 and 34: The Isthmus Property Development Th
Page 35 and 36: Education CMS Education Sdn Bhd own
Page 37 and 38: Strategic Investment: K&N Kenanga H
Page 39: CORPORATE RESPONSIBILITY
Page 43 and 44: CMS Concrete Products Clay bricks m
Page 45 and 46: CMS Employees Volunteer in ‘Doing
Page 47 and 48: CSR Highlights Saving Lives Health
Page 49 and 50: Statement of Corporate Governance T
Page 51 and 52: Employees’ Share Option Scheme (
Page 53 and 54: Prior to each Board meeting, the Di
Page 55 and 56: Statement of Corporate Governance T
Page 57 and 58: Communicating with Shareholders and
Page 59 and 60: Responsibility The Board recognises
Page 61 and 62: Composition The Group Audit Committ
Page 63 and 64: Authority i. The Committee is autho
Page 65 and 66: Utilisation of Proceeds raised from
Page 67 and 68: FINANCIALS
Page 69 and 70: The directors have pleasure in pres
Page 71 and 72: Issue of Shares During the fi nanci
Page 73 and 74: Statement by Directors Pursuant to
Page 75 and 76: Independent Auditors’ Report To t
Page 77 and 78: ASSETS Group Company Note 2011 2010
Page 79 and 80: Statements of Changes In Equity For
Page 81 and 82: Statements of Cash Flows For the fi
Page 83 and 84: Statements of Cash Flows For the fi
Page 85 and 86: Notes to the Financial Statements F
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Notes to the Financial Statements F
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5. Interest income Notes to the Fin
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8. Profi t before tax Notes to the
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10. Directors’ remuneration (cont
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12. Earnings per share (a) Basic ea
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13. Property, plant and equipment (
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14. Prepaid land lease payments Cos
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18. Goodwill Notes to the Financial
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19. Investments in subsidiaries (co
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20. Investments in associates (cont
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22. Deferred tax (contd.) Notes to
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24. Trade and other receivables (co
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25. Other current assets Notes to t
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28. Cash and bank balances (contd.)
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30. CMS Income Securities (contd.)
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30. CMS Income Securities (contd.)
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32. Trade and other payables Notes
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36. Other reserves (contd.) Company
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38. Employee benefi ts (contd.) Not
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39. Commitments (contd.) Notes to t
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40. Contingencies (contd.) (b) Othe
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41. Related party transactions (con
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45. Segment information Notes to th
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46. Dividends Notes to the Financia
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OTHER INFORMATION
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Name of Direct Indirect % of Substa
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List of Properties As at 31 Decembe
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** Land owned by third party Revalu
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Construction & Road Maintenance CMS
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1. To receive the Audited Financial
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Names of Directors who are standing
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Form of Proxy No. of Shares Held: C
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CAHYA MATA SARAWAK BERHAD (Company
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Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

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