Annual Report 2020

004 Financial Highlights 007 Chairman and CEO’s Statement 011 Management Discussion and Analysis 027 Award Recognition 029 Environmental, Social and Governance Report 049 Biographical Details of Directors 053 Biographical Details of Senior Management 055 Corporate Governance Report 075 Principal Risks 077 Report of the Directors 099 Independent Auditor’s Report 104 Consolidated Statement of Profit or Loss 105 Consolidated Statement of Profit or Loss and Other Comprehensive Income 106 Consolidated Statement of Financial Position 108 Consolidated Statement of Changes in Equity 110 Consolidated Cash Flow Statement 113 Notes to the Financial Statements 176 Group’s Five-year Financial Summary 177 Group Properties 179 Notice of Annual General Meeting 184 Corporate Information CONTENTS Contents Miramar Hotel and Investment Company, Limited Annual Report 2020 001