Annual Report 2020

7 FINANCIAL STATEMENTS Accountability · Corporate Governance Overview Statement 139 · Audit Committee Report 147 · Statement on Risk Management and Internal Control 151 · Additional Compliance Information 159 Reports and Financial Statements Directors’ Report 166 Statement by Directors 171 Statutory Declaration 171 Independent Auditor’s Report 172 Income Statements 178 Statements of Comprehensive Income 179 Statements of Financial Position 180 Consolidated Statement of Changes in Equity 182 Statement of Changes in Equity 183 Statements of Cash Flow 184 Notes to the Financial Statements 187 Other Additional Information Analysis of Shareholdings 281 List of Properties Held Under AirAsia Berhad 285 Sales Offices & Stations 287 Glossary 291