I know some of the politician will make the annual financial report by PETRONAS as their bullet to attack back Petronas. But for me, I believe PETRONAS has carried out their best effort as manager of our national asset which is Petroleum or hidrocarbon resources. For information, Petronas has been publishing its annual financial report for the past 18 years and it is easily available, including on its website, said its president and chief executive officer Tan Sri Mohd Hassan Marican.
I have noticed that their concern is where is the money given to PETRONAS is gone. But the answer is not with PETRONAS but the one who received that money. ie Malaysia Goverment.. So go and ask them..
Just few weeks ago, politicians, bloggers and some of the ignorance Malaysian keep asking the PETRONAS to publish the report ….. but the truth is the refused to look for it, even though it is easily available.
PETRONAS has informed that if interested parties couldn’t find the report in printed copy, then they should surf PETRONAS website under the heading ‘Investors Relations’. Tan Sri Hassan of PETRONAS said the standard of the report surpassed the requirements of the Companies Commission of Malaysia.
Please click this link for PETRONAS FINANCIAL REPORT FOR FY 2007/2008
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Yes, Petronas annual report can be accessed from its website. However, its accounts which which includes Profit and Loss Account and the notes to the accounts has been removed from its annual report! The consolidated profit and loss account summary found separately on its website does not reveal detailed informtion in particular a breakdown of its expenditure for the year. Anyone with a rudimentary knowledge of accounting will find it almost impossible to carry out any meaningful analysis without access to a proper set of accounts.
proper set of accounts? have you tried the companies commission? they have petronas’ audited financial statements from 1974. kalau nak mengomel sampai lembu balik kandang pun tak habis macam ni … unh..unhh. whining … unh .. petronas accounts incomplete unh …cannot do .. analysis .. unh … too lazy to carry my own ass to do research .. unh … unh..
If ‘Rudy’ have no problem to go to companies commision to get a set of accounts of PEtronas for me, thank you then. THe fact that you HAVE to go to the commision is the deterrent factor. …how many of us would go, when the rest of other companies Annual reports could be obtained online without lifting a leg??? huh? ngomel ngomel..sendiri masuk kandang lembu