FINANCIAL REPORT 108 Directors’ Statement 122 Independent Auditors’ Report 128 Consolidated Income Statement 129 Consolidated Statement of Comprehensive Income 130 Consolidated Statement of Financial Position 132 Consolidated Statement of Changes in Equity 136 Consolidated Statement of Cash Flows 138 Notes to the Consolidated Financial Statements 258 Statement of Financial Position of the Company 259 Notes to the Statement of Financial Position of the Company 262 Shareholding Statistics 264 SGX Listing Rules Requirement CORPORATE OVERVIEW 2 Financial Highlights 4 Letter to Shareholders 9 Corporate Information 10 Board of Directors 17 Directors Seeking Re-election 19 Group Executive Committee PERFORMANCE REVIEW 22 Technology and Innovation 26 Operating Review and Outlook 26 > Commercial Aerospace 32 > Defence & Public Security 38 > Urban Solutions & Satcom 44 Financial Review 52 Investor Relations 54 Awards Highlights SUSTAINABILITY 59 Board Statement 62 Environment 65 Social 76 Governance 76 > Corporate Governance Report
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