About This Report


Reporting Philosophy

This is Axiata Group Berhad’s (“Axiata” or “the Group”) inaugural Integrated Annual Report 2017 (“IAR”), prepared according to the International Integrated Reporting Council’s (“IIRC”) International <IR> Framework.

In using the integrated reporting approach, we aim to provide our stakeholders with a concise yet comprehensive account of our business and strategies and demonstrate how value is created and shared.

This 2017 IAR applies global best practice which underpins our commitment to sustainable and long-term value creation through a reporting process that provides greater readability, clarity, coherence, materiality and connectivity of information.

Report Boundary and Scope

Axiata’s 2017 IAR covers financial reporting and also includes non-financial performance, opportunities, risks and outcomes attributable to or associated with our key stakeholders, which significantly influence our value creation abilities. It provides an account of our performance for the Financial Year beginning 1 January 2017 and ending on 31 December 2017 and builds on our previous reporting publications.

The report covers the primary activities of the Group, namely our three core business pillars of Digital Telco, Digital Businesses and Infrastructure.

Assurance

Our Financial Statements (“FS”) have been audited as fully disclosed in the Governance & Audited Financial Statements 2017 (“GAFS”). Limited assurance has been provided on selected disclosure in our Sustainability and National Contribution Report 2017 (“SNCR”). Both of those processes make up our 2017 IAR which contains both financial and non-financial indicators.

Approval by the Board

The Board has applied its collective mind in preparing and presenting Axiata’s first IAR, as guided by the International <IR> Framework by the IIRC. The Board acknowledges its responsibility in ensuring the integrity of this report, through good governance practices and internal reporting procedures.

Materiality

Our materiality assessment has been conducted in line with Bursa Malaysia Securities Berhad’s Listing Requirements. In this IAR, we have linked them with our six capitals as shown below. This approach underlines the relationship between our ability to create impact and the areas where we can make positive change.

Forward Looking Statements

This report contains forward looking statements characterised by words and phrases relating to future performance. Except for statements of historical fact, information contained within this IAR constitutes forward looking statements. These statements are provided to give potential investors and stakeholders the opportunity to understand management’s beliefs and opinions in respect of Axiata’s future. These statements are not guarantees of future performance and undue reliance should not be placed on them.

Axiata’s 6 Capitals
Financial

Our Financial Capital refers to funds available to us.

Human

Our Human Capital refers to our people, a key resource in sustaining our efforts towards becoming a New Generation Digital Champion.

Intellectual

Our Intellectual Capital refers to key intangible resources which differentiate us in the marketplace.

Social & Relationship

Our Social and Relationship Capital refers to our relationships with our stakeholders.

Manufactured

Our Manufactured Capital refers to the infrastructure that is available, built and utilised to create value.

Natural

Our Natural Capital refers to energy and other natural resources used to operate and maintain our networks.

Suite of Reports

Axiata’s 2017 Annual Report Suite is made up of the following:

Reporting Frameworks and Reporting Suite

Integrated Annual
Report 2017

  • Management Discussion and Analysis
  • Abridged Annual Financial Statements
  • Corporate Governance Overview
  • Malaysian Code on Corporate Governance 2017
  • Bursa Malaysia Securities Berhad Listing Requirements
  • IIRC Integrated Reporting Framework
  • Companies Act 2016

Governance & Audited Financial Statements 2017

Governance and Compliance Documents

  • Full Directors and Management Profile
  • Statement on Risk Management and Internal Control
  • Board Audit Committee Report
  • Additional Compliance Information

Financial Statements

  • Directors’ Report
  • Audited Financial Statements
  • Independent Auditor’s Report

Governance and Compliance Documents

  • Malaysian Code on Corporate Governance 2017
  • Bursa Malaysia Securities Berhad Listing Requirements
  • Companies Act 2016

Financial Statements

  • International Financial Reporting Standards (“IFRS”)/ Malaysia Financial Reporting Standards (“MFRS”)
  • Bursa Malaysia Securities Berhad Listing Requirements
  • Companies Act 2016

Sustainability & National Contribution Report 2017

  • Global Reporting Initiative (“GRI”) Standards
  • Third Party Assurance
  • Bursa Malaysia Securities Berhad Listing Requirements
  • GRI Standards
  • FTSE4Good Bursa Malaysia Index and ASEAN 5 Index
  • MSCI Environmental, Social and Governance (“ESG”) Index
  • Dow Jones Sustainability Index
Application of International <IR> Framework by Axiata
Axiata’s Integrated Annual Report 2017

Content Framework as per International <IR> Framework by the IIRC

About This Report General reporting guidance Basis of preparation and presentation
Our Business Organisational overview and external environment
Statements and Analysis Performance & Outlook
Value Creation Model Business Model
Axiata 3.0 Strategy and resource allocation
Our Operating Environment Organisational overview and external environment
Management of Material Risks & Opportunities Risks and opportunities
Operational Performance Performance
Governance Governance

All of Axiata’s Reports are available online at www.axiata.com and can be downloaded in app form on

We welcome feedback on this report at: info@axiata.com

Corporate Information


Board of Directors
Tan Sri Datuk Wira Azman Hj. Mokhtar

Chairman
Non-Independent
Non-Executive Director

David
Lau Nai Pek

Independent
Non-Executive Director

Tan Sri
Jamaludin Ibrahim

Managing Director/President & Group Chief Executive Officer

Dr David
Robert Dean

Independent
Non-Executive Director

Tan Sri Ghazzali Sheikh Abdul Khalid

Independent
Non-Executive
Director

Dr Muhamad
Chatib Basri

Independent
Non-Executive Director

Datuk Azzat
Kamaludin

Senior Independent
Non-Executive
Director

Dato Dr Nik Ramlah Nik Mahmood

Independent
Non-Executive Director

Dato’ Mohd Izzaddin Idris

Non-Independent
Non-Executive
Director

Tengku Dato’ Sri Azmil Zahruddin Raja Abdul Aziz

Non-Independent
Non-Executive
Director

Group Company Secretary
Suryani Hussein LS0009277

Website
www.axiata.com

Registered Office
Level 5, Corporate Headquarters Axiata Tower, 9 Jalan Stesen Sentral 5 Kuala Lumpur Sentral

Tel : +603 2263 8888
Fax : +603 2263 8903

Share Registrar
Tricor Investor & Issuing House Services Sdn Bhd (Company No. 11324-H) Unit 32-01, Level 32, Tower A Vertical Business Suite, Avenue 3 Bangsar South No. 8, Jalan Kerinchi 59200 Kuala Lumpur, Malaysia

Tel : +603 2783 9299
Fax : +603 2783 9222

Auditors
PricewaterhouseCoopers PLT (LLP0014401-LCA & AF 1146) Level 10, 1 Sentral, Jalan Rakyat Kuala Lumpur Sentral 50706 Kuala Lumpur, Malaysia

Tel : +603 2173 1188
Fax : +603 2173 1288

Investor Relations
Tel : +603 2263 8706
Fax : +603 2263 8882
Email : ir@axiata.com

Stock Exchange Listing
Listed on Main Market of Bursa Malaysia Securities Berhad
Listing Date : 28 April 2008
Stock Code : 6888
Stock Name : Axiata
Stock Sector : Trading/Services

Financial Calendar


24 April 2018

Book

Notice of 26th Annual General Meeting and Issuance of Annual Report 2017

23 May 2018

people

26th Annual General Meeting

25 May 2017

Unaudited consolidated results for the first quarter ended 31 March 2017

29 August 2017

Unaudited consolidated results for the second quarter and half-year ended 30 June 2017

23 November 2017

Unaudited consolidated results for the third quarter ended 30 September 2017

22 February 2018

Audited consolidated results for the fourth quarter and financial year ended 31 December 2017

Bar Chart
Dividens

26 May 2017

Notice of Book Closure for Final Tax Exempt Dividend under Single-Tier System of 3 sen per Ordinary Share

11 July 2017

Payment for Final Tax Exempt Dividend under Single-Tier System of 3 sen per Ordinary Share

12 October 2017

Date of Entitlement for Interim Tax Exempt Dividend under Single-Tier System of 5 sen per Ordinary Share

13 June 2017

Date of Entitlement for Final Tax Exempt Dividend under Single-Tier System of 3 sen per Ordinary Share

27 September 2017

Notice of Book Closure for Interim Tax Exempt Dividend under Single-Tier System of 5 sen per Ordinary Share

Pie Chart

9 November 2017

Payment for Interim Tax Exempt Dividend under Single-Tier System of 5 sen per Ordinary Share

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