Untitled - PINTAR Foundation
Transcription
Content PINTAR ANNUAL REPORT 2012 2 Rationale - Dream Chairman’s Statement 4 Vision & Mission 6 The Board of Trustees 7 The Management Team 8 PINTAR Schools Nationwide 9 List of PINTAR Active Schools 10 List of PINTAR Alumni Schools 12 Members & Programme Partners 14 Performance Analysis 15 Operations Review 16 Financial Highlights 20 National Programmes 22 Stakeholder Engagement 26 Building Brand Equity 29 Calendar of Significant Events 32 Making Headlines 34 Members’ Activities 36 Programme Partners’ Activities 46 Making A Difference 47 Financial Statements 49 For this year’s Annual Report, we focus on the dreams of the children that the PINTAR Programme has touched. Every child has a dream, ambition or wish in life, and what PINTAR does is help them realise that dream. This cover is an inspired collection of artworks from the children of PINTAR schools. All the artwork contained within this annual report was contributed by the talented children of PINTAR Schools. PINTAR ANNUAL REPORT 2012 3 An 11-year-old girl from rural SK Hj Hussin Dol, Kedah expresses delight at being able to visit Kuala Lumpur for the first time when she is taken to the capital city to participate in the finals of an art competition. A 10-year-old from Port Dickson discovers a keen interest in radio deejaying during a visit to KidZania in Kuala Lumpur. These are certainly not earth-shattering events in the broad scale of things, but they are very meaningful, potentially life-changing experiences for the children described. And such responses are just what we, at PINTAR Foundation, hope to draw from underserved school children under our programmes when we take them out of their normal surroundings and expose them to new and wondrous experiences, opening their vistas to a world of almost endless possibilities. The idea of PINTAR was first mooted by Tan Sri Nor Mohamed Yakcop, who was then Minister of Finance II. With the support of 13 government-linked companies, the PINTAR Programme began in 2006 as a pilot project to provide equitable access to quality education to all Malaysians, particularly to children in underserved communities. PINTAR ANNUAL REPORT 2012 4 We are also encouraged by our growing presence in East Malaysia, where there are now 10 schools in Sabah and another 10 in Sarawak under the programme, but more can and should be done. Some of these schools are in remote areas, where the programme can make a significant difference to the students and local communities. One of the schools in Sabah, SR Pendidikan Khas Pekan Tuaran, adopted by Telekom Malaysia, is for visuallyimpaired children, a first for PINTAR. It is truly heartening to see corporations embrace schools that are not just underserved in the normal sense of the word, but have additional challenges to be overcome. While our corporate members run their own programmes in their adopted schools, we at the Foundation have introduced PINTAR National Programmes for these schools. PINTAR National Programmes are developed, implemented and funded by the Foundation. We believe it is important for our national programmes to capture the imagination of students in order to inspire them and motivate them to derive maximum benefits from the activities organised. Hence much thought, and in most instances research and development, goes into crafting our programmes, which have to date been very successful. Its objective, most tangibly, is to develop our human capital in line with the Government’s aim of transforming Malaysia into a high-income nation. More than academic achievements, the PINTAR Programme seeks to develop future generations that are as creative as they are knowledgeable, with a high sense of social responsibility and moral integrity through holistic education. This concept is encapsulated in the programme’s name itself, ‘PINTAR’ standing for Promoting Intelligence, Nurturing Talent and Advocating Responsibility. These three key tenets have been guiding the efforts of the Foundation ever since it was established in 2008. And it gives me pleasure to share that we have achieved much towards this end. In 2012, we introduced two new national programmes – the PINTAR Go Green School Programme, which was developed in collaboration with Universiti Kebangsaan Malaysia; and the PINTAR D’Arts Literacy Programme. Over the course of the year, a total of 2,000 students and 120 teachers from 50 schools nationwide participated in the environmental programme, which aims at instilling a love of nature among our young generation and thus safeguard the country’s sustainable development. The art programme, meanwhile, brought out the artistic creativity in 1,226 students while also involving 104 teachers from 55 primary and seven secondary schools. Driven by the belief that the greatest good of the programme will come from the greatest number of participating schools and sponsoring corporations, we have been marketing PINTAR more aggressively in recent years, with positive results. From 44 schools supported by 13 GLCs in 2006, the programme at 31 Dec 2012 involves 309 schools and 31 corporations including 15 nonGLCs. The Foundation was instrumental in bringing in non-GLCs and we’ve been heartened by their response to date. In our efforts to continue to provide some support to schools which have graduated from PINTAR Programme, the Foundation launched the PINTAR Alumni Programme. This programme provides a platform for the schools to network and share knowledge as well as best practices and experiences with each other. In July 2012, PINTAR collaborated with Yayasan AMIR and Yayasan Khazanah to organise an education conference for our alumni schools themed “Education Transformation Through Excellent Leadership”, which brought together 120 teachers from all over the country who are driven to make a difference. Events such as this will provide continuous learning as well as help to maintain high motivation levels among the school leadership, which in turn will positively impact the learning environment and the students. It gives me great pleasure to share that, once again, our PINTAR students performed very well in key national examinations as compared to the national averages. For the year 2012, 71.71% of PINTAR students passed the UPSR compared to the national average of 56.94%, while the pass rate for the PMR was 68.9% among PINTAR students, on par with the national average, and 1.82% higher than in 2011. Meanwhile, 90.93% of PINTAR students obtained the SPM certificate in 2012, indicating an increase of 0.33% compared to 2011. We have also seen an improvement in standards of literacy and numeracy in our primary schools, with a 13.10% average increase for numeracy and 11.5% average increase for literacy in 2012. Over and above these encouraging results, the PINTAR schools have reported an increase in students’ attendance rates, from an average of 90% prior to the programme to 97.9% following its commencement. Along with improved attendance, the schools have also reported positive behavioural changes in the students, who have gained in confidence and contribute more in class as well as during activities. Self-confidence and selfesteem are critical soft skills in today’s competitive world, as is the belief of being in charge of one’s destiny. To stress upon our young students that their lives lie largely in their own hands, we published and launched a book, Beating the Odds, featuring inspirational stories of Malaysians – including those of PINTAR students – who have made a success of their lives despite the odds. Our hope is that these stories will motivate the children to take affirmative action and strive for excellence in all their endeavours. Our national programmes for the year cost a total of RM2.08 million, which was funded mostly by the government grant received by the Foundation in 2009, the Foundation also raised funds from campaigns such as “Bag-to-School”, introduced in October 2012. Under this campaign, which is ongoing untill end of 2013, members either contribute backpacks directly to students from our PINTAR schools, or donate funds for the purchase of backpacks. In terms of sponsorship, I would like to take this opportunity to thank UEM Group, who joined us only in March 2012 but has already made a huge mark in PINTAR by sponsoring an extensive English Literacy Programme (ELP) involving 50 PINTAR schools in nine states. With this sponsorship, UEM Group has acquired the distinction of becoming the first corporate sponsor of PINTAR Foundation’s programme. Through the years, the PINTAR Programme has remained relevant to the country’s education agenda. It is aligned with five of 11 Shifts outlined in the Malaysia Education Development Plan 2013 to 2017 (National Education Blueprint), launched in 2012, whose mission is to transform the education system in Malaysia. The adoption of schools by corporations is a perfect example of the kind of Public-Private Partnership (PPP) envisaged by Shift No. 9. For the year 2012, our corporate members reported spending more than RM5.9 million on their adopted schools. More than the financial aid, it is heartening to see CEOs of large organisations and their staff go to the ground to take part in activities in the schools. Their presence makes the events even more meaningful for the children, who feel privileged to be given the attention of men and women of distinction. Indeed, I strongly urge all our member companies and their staff to join us in the events and activities organised with our schools, as the experience will enable them to get a better feel of what it is that we do, and how our programmes impact the lives of the children and their communities. I feel privileged to be involved in a programme that has such scope and significance to national development, and would like to take this opportunity to thank all our stakeholders for supporting this cause. In particular, I would like to acknowledge the Putrajaya Committee on GLC High Performance, Khazanah Nasional Berhad, the Ministry of Education and all State Education Departments for their support of the programme. I would also like to thank all the schools – and the head masters/mistresses, teachers and students we have worked with – for their cooperation and collaboration; our member and partner corporations for their time, effort and financial commitments; and our programme partners who have contributed their expertise in helping us implement our national programmes. Here I would like to urge all corporations that desire to engage with their communities as part of their Corporate Responsibility to emulate the commitment of PINTAR’s existing members and partners, and to consider joining the PINTAR Programme or to sponsor our PINTAR National Programmes. It is only through the collective effort by all that we will be able to achieve the goal of developing top-class human capital to meet our country’s economic needs. At the Foundation, we make it our mission to keep growing the programme to ensure it remains relevant to the needs of our schools while offering ample opportunity for our corporate members to contribute towards national educational excellence. I would like to share that plans for PINTAR TV are progressing well while a number of other new programmes are in the pipeline, all of which have been designed to have far-reaching positive impact. I would also like to express my heartfelt appreciation to my fellow Board of Trustees for their guidance and wisdom, as well as all the staff at PINTAR Foundation, for their unrelenting hard work and dedication. On behalf of the Board of Trustees, I would also like to acknowledge the contributions of our former colleague, Datuk Denison Jayasooria who resigned from the Board on 4 April 2013. We thank him for his invaluable contribution and wish him the very best in his future endeavours. But most of all, I would like to say a special thank you to all our students, who have let us come into their lives and who, without even knowing it, have enriched us with their openness, trust and innocent joy for life. I hope you make the most of all the opportunities we present to you and continue to nurture your wonderful talents. Never stop learning, never stop growing and always keep reaching for the stars no matter how far they seem, because there is no limit to what you can achieve. On behalf of the Board, I thank you all once again and with great pleasure, present to you, PINTAR Foundation’s Annual Report 2012. Thank you. TAN SRI DATO’ SERI ARSHAD AYUB Chairman, Board of Trustees, PINTAR Foundation 5 PINTAR ANNUAL REPORT 2012 In 2012, we welcomed on board Malaysia Airports Holdings Berhad (MAHB) as our latest PINTAR Foundation member. MAHB has been involved in the PINTAR Programme since 2009 and we thank them for their commitment and support which they have reaffirmed. We look forward to working with them even more closely. Chairman’s Statement VISION To inspire the young generaon to become responsible cizens by Promong Intelligence, Nurturing Talent and Advocang Responsibility. PINTAR ANNUAL REPORT 2012 6 MISSION An organisaon working in partnership with corporaons, partner NGOs and the government to enhance the movaon and success of underserved Malaysian students through educaon, in line with the naonal aspiraon to develop human capital who are adequately prepared to meet the challenges of the 21st century. Board of Trustees TOP (Left to Right) : Encik Sabri Ab Rahman, Dato’ Bernard Chandran, Datuk Mary Yap Kain Ching, Puan Shareen Shariza Dato’ Abdul Ghani, Cik Shahnaz Al-Sadat Abdul Mohsein SEATED (Left to Right) : Tan Sri Dato’ Dr Wan Mohd Zahid Mohd Noordin, Tan Sri Dato’ Seri Arshad Ayub (Chairman), Tan Sri Dr Mohd Munir Abdul Majid PINTAR ANNUAL REPORT 2012 7 Management Team CLOCKWISE (from top left): Nur Azyan Ismail HEAD, STAKEHOLDER ENGAGEMENT Karimah Tan Abdullah PROGRAMME DIRECTOR Norzalina Masom HEAD, PROGRAMME DEVELOPMENT & MANAGEMENT Absent during photoshoot: Noor Nazatul Janah Mahmood HEAD, MARKETING & COMMUNICATIONS PINTAR ANNUAL REPORT 2012 8 PINTAR Schools Nationwide 3 2 9 13 10 8 14 46 11 8 A total of 309 PINTAR schools throughout the country 8 5 3 31 8 12 15 65 16 10 35 4 16 11 2 2 6 5 9 2 16 31 11 13 8 1 2 7 1 1 2 5 35 7 23 5 6 4 2 1 7 5 12 12 PINTAR schools 114 114 81 Graduated Schools Newly Adopted Schools (Jan - Dec 2012) 7 3 2 PINTAR ANNUAL REPORT 2012 9 List of PINTAR Active Schools Penang 19 Schools SK Jelutong, Jelutong CIMB Foundation SK Pulau Betong, Balik Pulau CIMB Foundation SMK Hutchings, Georgetown Media Prima SMK Jelutong, Jelutong Media Prima SK Bayan Lepas, Balik Pulau TNB Kedah PINTAR ANNUAL REPORT 2012 10 SJK(C) Kubang Semang, Bukit Mertajam UEM Group SJK(C) Jit Sin B, Bukit Mertajam UEM Group SK Paya Keladi, Kepala Batas UEM Group SK Lahar Kepar, Kepala Batas Maybank Foundation SK Anak-Anak Angkatan Tentera, Jitra Boustead SK Kem Lapangan Terbang, Sungai Petani Boustead SK Titi Gajah, Kota Setar MAHB SK Ewa, Langkawi TDRSB SK Telok Jamat, Pokok Sena MBSB SK Kuala Kupang, Kupang Bank Islam SK Taman Intan, Sg Petani UEM Group SK Tanjong Dawai, Bedong UEM Group SK Pagar Musih, Kulim UEM Group SK Mahang, Kulim UEM Group SK Taman Awana, Alor Setar UEM Group SK Seri Inas, Kuala Ketil I&P SK Pulau Tuba, Langkawi Maybank Foundation SK Simpang Empat, Simpang Empat UEM Group SK Kampong Salang, Kangar UEM Group SK Titi Tinggi, Padang Besar CIMB Foundation SK Panggas, Mata Ayer CIMB Foundation SK Kuala Perlis, Kuala Perlis CIMB Foundation SK Islam III, Kangar CIMB Foundation SK Seri Perlis, Kangar CIMB Foundation SK Utan Aji, Kangar CIMB Foundation SJK(C) Pei Cheng, Chemor MAS SK Sitiawan, Sitiawan UMW SK Sultan Yussuf AMD, Taiping Boustead SK Sungai Raya, Kinta Utara MAHB SMK Chenderiang, Tapah TM SK Proton City, Tanjong Malim Proton SK Sg Jejawi, Teluk Intan Bank Islam SK Sungai Ranggam, Kg Gajah Bank Islam SK Iskandar Perdana, Bandar Seri Iskandar MRCB SK Sri Siakap, Kuala Kurau UEM Group SK Perlok, Sungkai UEM Group SK Besout 3, Sungkai UEM Group SJK(T) Bagan Serai, Bagan Serai UEM Group SK Datin Khadijah, Kuala Kangsar UEM Group SK Bidor, Bidor UEM Group SK Slim Village, Slim River UEM Group SK Tanah Kebun, Parit Buntar UEM Group SJK(C) Tong Wah, Bagan Serai UEM Group SK Kampung Kenang, Sg Siput Maybank Foundation SJK(T) Ladang Strathisla, Chemor Maybank Foundation SK Polis Depot UEM Group SK Setapak UEM Group SK Danau Kota 2 UEM Group SK Seri Cheras MAHB SM (Sains) Selangor MAS 11 Schools SK Guar Nangka, Mata Ayer TNB SK Bukit Keteri, Beseri UEM Group SK Tambun Tulang, Arau UEM Group Perak SJK(C) Perkampungan Berapit, Bukit Mertajam UMW SJK(C) Aik Keow, Butterworth UEM Group SK Telok Air Tawar, Butterworth UEM Group SK Khir Johari, Perai UEM Group SK Keledang Jaya, Nibong Tebal UEM Group 18 Schools SK Seri Pinang, Sg Petani CIMB Foundation SK Seri Lagenda/SK Sungai Raya, Langkawi CIMB Foundation SK Hj Hussin Dol, Guar Chempedak TNB SK Kuala Nerang, Kuala Nerang TNB SK Tembak, Kuala Ketil TM Perlis SK Bertam Indah, Kepala Batas TNB SK Sg Ara, Bayan Lepas TNB SK Padang Menora, Tasek Gelugor TNB SJK(T) Ladang Mayfield, Tasek Gelugor MRCB SK Sg Batu, Bayan Lepas MAHB 27 Schools SK Ayer Puteh, Simpang CIMB Foundation SK Changkat Ibul, Changkat Jering CIMB Foundation SK Kg Dato’ Sri Kamaruddin, Seri Manjung TNB SK Jalan Matang Buluh, Bagan Serai TNB SK Batu 4, Gerik TNB SJK(T) Klebang, Chemor MAS SK Manjoi Dua, Manjoi MAS Kuala Lumpur SJK(C) Kepong 1 UEM Group SK Seri Delima UEM Group SK Jalan Kuantan 2 UEM Group 8 Schools 27 Schools SK Padang Jawa, Shah Alam CCM SK Johan Setia, Klang CCM SK Sultan Abdul Aziz, Kg Kuantan TNB SK Binjai Jaya, Sg Besar TNB SK Seri Sekinchan, Sekinchan TNB SK (Asli) Bukit Cheding, Banting UMW SK (Asli) Kg Busut Baru, Banting UMW SJK(T) Ladang Sg Choh, Rawang UMW SK Sg Selisek, Kuala Kubu Bharu UMW SK Olak Lempit, Banting MAHB SMK Batu Laut, Kuala Langat Bursa SK Tun Abdul Razak, Kuala Kubu Bharu Bursa SK Semenyih, Semenyih MBSB SK Pulau Indah, Pelabuhan Klang Westports SK Pulau Indah 2, Pelabuhan Klang Westports SMK Pulau Indah, Pelabuhan Klang Westports SMK Gombak Setia, Gombak Bank Islam SK Sungai Kertas, Batu Caves UEM Group Pahang Negeri Sembilan 11 Schools SK Bebar/SK Merchong Jaya, Pekan TNB SK Ringlet, Ringlet TNB SK Temai, Pekan TNB SK Batu 3, Kuantan MAHB SK Indera Shahbandar, Pekan MRCB SK Serandu, Pekan MRCB SJK(C) Yok Hwa, Pekan MRCB SK Cherating, Kuantan Media Prima SK Jerantut Jaya, Jerantut MAS SK Tanah Puteh, Pekan Proton SK Bukit Rok, Bandar Bera Maybank Foundation Kelantan 8 Schools SK Pulau Kundor, Kota Bharu CIMB Foundation SK Pauh Lima, Kota Bharu CIMB Foundation SK Keting, Bachok TNB SK Tumpat, Tumpat TNB SK Parang Puting, Kota Bharu MAHB SK Kuala Balah, Jeli Proton SK Pasir Puteh (M), Pasir Puteh Bank Islam SK Kg Bukit Marak, Bachok Maybank Foundation Johor SK Seri Cheding, Banting UEM Group SJK(C) Chap Khuan, Batu Arang UEM Group SJK(C) Kampung Gurney, Batang Kali UEM Group SK PPR Lembah Subang, Kelana Jaya UEM Group SK Sg Buaya, Banting UEM Group SK Telok Gadong, Klang UEM Group SK Klang, Klang UEM Group SJK(T) Batu Arang, Batu Arang Maybank Foundation SJK(C) Jenjarom, Jenjarom Maybank Foundation 12 Schools SK Kg Gelam, Port Dickson TNB SMR Agama Repah, Tampin TM SK Teriang, Kuala Klawang TM SMK Kompleks KLIA, Nilai Theta Edge SMK Desa Cempaka, Nilai Theta Edge SK Labu Ulu Batu 8, Seremban MAHB SK Pasir Panjang, Pasir Panjang UMW SK Mambau, Port Dickson UEM Group SK Senawang, Seremban UEM Group SK Serting Ulu, Batu Kikir UEM Group SK Gadong Jaya, Labu UEM Group SK Sg Buloh, Simpang Durian UEM Group Terengganu 8 Schools SK Kuala Berang, Kuala Berang TNB SK Pengkalan Berangan, Marang TNB SK Tapah, Hulu Terengganu TNB SK Paka 3, Paka TNB SK Keruak, Hulu Besut, Besut MAS SK Mengabang Telipot, Kuala Terengganu MAHB SK Seri Geliga, Kemaman MBSB SK Sg Berua, Kuala Berang Maybank Foundation Malacca 7 Schools SK Semabok, Melaka Tengah MAHB SK Parit Penghulu, Sg Rambai MBSB SK Gangsa, Alor Gajah UEM Group SK Lubok Redan, Masjid Tanah UEM Group SK Ayer Pa’Abas, Alor Gajah UEM Group SK Melekek, Alor Gajah UEM Group SK Cherana Puteh, Alor Gajah UEM Group Sarawak 5 Schools SMK Pakan, Sarikei TM SK Temenggung Datuk Muip, Miri MAHB SK Hj Kelali Semera, Samarahan MBSB SK Sg Selad, Bintulu CCM SJK(C) Chong Boon, Mukah Maybank Foundation Sabah 6 Schools SK Wakuba, Tawau MAHB SK Ulu Lumagar, Papar Technip SK Unggun, Kota Kinabalu MBSB SR Pendidikan Khas Pekan Tuaran, Tuaran TM SK Silabukan, Lahad Datu CCM SK Kundasang, Kundasang Maybank Foundation 28 Schools SJK(C) Ken Boon, Pontian CIMB Foundation SK Seri Kampung Tengah, Kluang TNB SK Taman Muhibbah, Senai TNB SK Kundang Ulu, Muar TNB SK Pasir Gudang 1, Pasir Gudang TNB SK Seri Bandan, Air Hitam TM SK Pendas Laut, Gelang Patah UEM Land SK Kompleks Sultan Abu Bakar, Gelang Patah UEM Land SJK(T) Gelang Patah, Gelang Patah UEM Land SK Kampung Pulai, Gelang Patah UEM Land SK Ladang Pendas, Gelang Patah UEM Land SK Morni Pok, Gelang Patah UEM Land SK Nusantara, Gelang Patah UEM Land SK Sg Melayu, Johor Bahru UEM Land SK Sikijang, Gelang Patah UEM Land SK Taman Nusa Perintis 1, Gelang Patah UEM Land SK Tanjung Adang, Gelang Patah UEM Land SK Tanjung Kupang, Gelang Patah UEM Land SK Tiram Duku, Gelang Patah UEM Land SMK Kompleks Sultan Abu Bakar, Gelang Patah UEM Land SMK Taman Nusa Jaya, Gelang Patah UEM Land SMK Tanjung Adang, Gelang Patah UEM Land SMK Gelang Patah, Gelang Patah UEM Land SK Sg Danga, Johor Bahru IIB SK Panjang Sari, Pagoh Proton SK Kongkong Laut, Masai CCM SK Sungai Raya, Bukit Pasir UEM Group SK Kesang Tasek, Sg Mati Maybank Foundation 11 PINTAR ANNUAL REPORT 2012 Selangor List of PINTAR Alumni Schools Penang 46 Schools SMK Teluk Bahang, Balik Pulau Sime Darby SK Teluk Bahang, Balik Pulau Sime Darby SK Sg Dua, Kepala Batas Sime Darby SK Batu Ferringhi, Bukit Bendera Sime Darby SJK(T) Bayan Lepas, Bayan Lepas Sime Darby SJK(T) Subramaniya Barathee, Gelugor Sime Darby SK Jelutong Barat, Jelutong Sime Darby SMK Datuk Hj. Mohd. Nor Ahmad, Bukit Gelugor Time Engineering SK Sri Aman, Bukit Gelugor Time Engineering SK Bukit Tambun, Simpang Empat UEM Builder SK Batu Kawan, Batu Kawan UEM Builder SK Sg Bakau, Nibong Tebal UEM Builder SK Pulau Aman, Simpang Ampat UEM Builder SJK(C) Keng Koon, Simpang Ampat UEM Builder SJK(T) Batu Kawan, Simpang Ampat UEM Builder SK Bukit Teh, Bukit Mertajam MBSB SK Machang Bubok, Bukit Mertajam MBSB SK Tanjung Tokong, Bukit Bendera UDA SMK Seri Balik Pulau, Balik Pulau UDA SK Kuala Muda, Seberang Perai UDA SMK Raja Tun Uda, Bayan Baru MAS SK Permatang Damar Laut, Bayan Baru MAS SK Sg Duri, Nibong Tebal Maybank Foundation SMK Sg Ara, Balik Pulau Maybank Foundation SK Pulau Mertajam, Penaga UMW SK Sg Rusa, Balik Pulau UMW SK Permatang Binjai, Tasek Gelugor Takaful SK Hj Hassan Itam, Simpang Empat Bank Islam SK Bukit Pinang, Kepala Batas MAHB SMK(A) Baling, Baling Sime Darby SK Tandop Besar, Kuala Nerang Sime Darby SK Gulau, Sik Sime Darby SK Hujung Bandar, Sik Sime Darby SK Padang Pusing, Pendang Sime Darby SJK(C) Yang Kao, Guar Chempedak Sime Darby SJK(T) Binjol, Kuala Ketil Sime Darby SJK(T) Badenoch, Kuala Ketil Sime Darby SK Titi Gantong, Baling I&P SK Seberang Ketil, Kupang I&P SK Kg Belukar, Alor Setar MAS Perlis Perak SMK Sg Acheh, Nibong Tebal Pos SK Kuala Perai, Bagan Pos SK Bukit Indera Muda, Permatang Pauh TM SK Seri Penanti, Permatang Pauh TM SK Kampong Jawa, Georgetown MRCB SK Bagan Jermal, Butterworth MRCB SK Dato’ Kramat, Georgetown MRCB SK Mutiara Perdana, Balik Pulau Boustead SK Permatang Buloh, Tasek Gelugor Bank Islam SK Telok Kumbar, Balik Pulau Affin Bank Berhad SK Juru, Batu Kawan CCM SK Bukit Gelugor, Bukit Gelugur I&P SK Sg Nibong, Bayan Baru I&P SMK Batu Maung, Bayan Baru MAHB SK Pokok Sena, Kepala Batas MAHB SK Batu Maung, Bayan Baru MAHB SK Bagan Tuan Kechil, Bagan Proton SMK Paya Keladi, Kepala Batas Proton SK Bumbung Lima, Kepala Batas Sime Darby Kedah PINTAR ANNUAL REPORT 2012 12 13 Schools 3 Schools SK Padang Melangit, Kangar Sime Darby SK Padang Kota, Kangar Sime Darby SK Sanglang, Simpang Empat MAS 8 Schools SK Jalan Panglima Bukit Gantang Wahab, Ipoh Bank Islam SK Tanjong Malim, Tanjung Malim Proton SK Parit Tok Ngah, Parit Buntar Sime Darby SK Pahit, Kg Pahit, Gerik Sime Darby SMK Selinsing, Kerian Sime Darby SK Pos Bersih, Slim River Sime Darby SK Padang Gajah, Trong UMW SMK Sultan Muzaffar Shah 1, Lambor Kanan Time Engineering Johor 4 Schools SK Bukit Changgang, Banting MAHB SMK Kelana Jaya, Petaling Jaya Time Engineering SK Kantan Permai, Kajang Bank Islam SK Sg Ramal Dalam, Kajang CCM Kuala Lumpur 7 Schools SK Kg Melayu Niyor, Kluang Time Engineering SK Taman Cendana, Pasir Gudang Bank Islam SK Gelang Patah, Gelang Patah MAS SK Taman Pasir Putih, Pasir Gudang CCM SK Tebrau Bakar Batu, Johor Bahru MRCB SK Pogoh, Segamat UDA SK Permas Jaya 2, Masai UDA Malacca 1 School SK Cheng, Bandar Melaka Bank Islam Putrajaya 1 School SK Putrajaya Presint 16 (2), Putrajaya Bank Islam Terengganu 2 Schools SK Beladau Kolam, Kuala Terengganu Bank Islam SMK Ibrahim Fikri, Kuala Terengganu MAS Pahang 5 Schools SK Sungai Karang, Kuantan Bank Islam SK Wira, Kuantan MAHB SK Kuala Triang, Temerloh I&P SK Kuala Bera, Temerloh I&P SK Fakeh Abdul Samad, Kuantan MAS Kelantan 1 School SK King George V, Seremban Bank Islam Sarawak 7 Schools SK Pulo, Kuching MAHB SK Matang Jaya, Kuching Bank Islam SK Batu Keling, Belaga Sime Darby SMK Bakun Sg Asap, Belaga Sime Darby SK Satria Jaya, Kuching MAS SK Lambir Village, Miri MAS SK Sg Tisang, Bintulu CCM 2 Schools SK La Salle 1, Brickfields (M) MRCB SK La Salle 2, Brickfields (M) MRCB Negeri Sembilan 8 Schools SK Seri Aman, Pasir Putih Bank Islam SK Kampong Tengah, Kuala Krai Sime Darby SK Pengkalan Chepa, Kota Bharu MAHB SK Kampong Laut, Tumpat UMW SK Paloh Pintu Gang, Kota Bharu Proton SK Padang Garong 2, Kota Bharu CCM SK Sabak, Kota Bharu MAS SMK Kuala Balah, Jeli MAS Sabah 6 Schools SK Sembulan, Kota Kinabalu Bank Islam SK Petagas, Kota Kinabalu MAHB SK Ladang Sapong, Tenom Sime Darby SK Masanoi, Tenom Sime Darby SK Pasir Putih, Keningau MAS SMK Merpati, Sandakan MAS 13 PINTAR ANNUAL REPORT 2012 Selangor Members & Programme Partners is under the auspices of Premium Members Bank Islam Malaysia Berhad CIMB Foundaon Tenaga Nasional Berhad UMW Holdings Berhad Proton Holdings Berhad Malaysian Airports Holdings Berhad Malaysia Building Society Berhad Malaysian Resources Corporaon Berhad NEOH FOUNDATION (1979) SEBERANG FLOUR MILL SDN BHD Neoh Foundaon Seberang Flour Mill Sdn Bhd Ordinary Members Boustead Holdings Berhad Iskandar Investment Berhad Technip Geoproducon Sdn Bhd Telekom Malaysia Berhad UEM Land Holdings Berhad Partners PINTAR ANNUAL REPORT 2012 14 Bursa Malaysia POS Malaysia Berhad Chemical Company of Malaysia Berhad Sime Darby Berhad UDA Holdings Berhad I&P Group Sdn Berhad Syarikat Takaful Malaysia Berhad UEM Group Berhad Malaysian Airline System Berhad Teluk Datai Resorts Sdn Bhd UEM Builders Berhad Maybank Foundaon Theta Edge Berhad Westports Malaysia Sdn Bhd Media Prima Berhad TIME Engineering Berhad Performance Analysis Through members’ and partners’ various activities at their respective adopted schools, positive outcomes and results have been produced among the PINTAR adopted schools. In 2012, the percentage of PINTAR students who passed the Ujian Penilaian Sekolah Rendah (UPSR) was 71.71% compared to the national passing average of 56.94%, while in the Penilaian Menengah Rendah (PMR) examination, the percentage of PINTAR students who passed PMR was 68.9%, an increase of 1.82% compared to the previous year. The percentage of PINTAR students obtaining SPM certificates for 2012 was 90.93%, an increase of 0.33% compared to the previous year. UPSR Results 2009-2012 UPSR Results 2009-2012 PMR Results 2009-2012 SPM Results 2009-2012 Percentage 100 90.50 Percentage Percentage 80 80 71.71 Percentage 67.08 68.23 10.56 15 67.57 68.90 90.60 90.93 80 61.80 67.60 60 60 68.89 91.80 58.80 60 56.94 10.15 10.05 8.94 40 40 5 20 20 Total number of students from PINTAR Schools geng straight A’s 2009 2010 2011 National Average 2012 year 2009 • Percentage of students geng straight A’s for 2012 increased by 0.41% as compared to 2011 • Data for 2012 is based on feedback from 166 primary schools 2010 2011 National Average 15 20 Number of students who passed UPSR across PINTAR Schools Percentage of students who passed PMR across PINTAR Schools 2012 year 2009 2012 2012 Note: 40 Note: 2010 2011 National Average 2012 year • 2010: Data from 143 PINTAR Schools • 2011: Data from 166 PINTAR Schools • 2012 : Data from 166 PINTAR Schools 2009 2010 2011 2012 2012 Note: • 2009: Data from 126 PINTAR Schools Percentage of students who passed SPM across PINTAR Schools Note: • 2009: Out of a total 3,626 students from 22 PINTAR Schools • 2010: Out of a total 3,902 students from 23 PINTAR Schools • 2011: Out of a total 2,410 students from 16 PINTAR Schools • 2012: Out of a total 5,357 students from 28 PINTAR Schools • Data from 19 PINTAR Schools year PINTAR ANNUAL REPORT 2012 9.51 10 Operations Review The PINTAR Programme was launched in December 2006 and the PINTAR Foundation was formed in 2008 with the vision to inspire the young generation. Through the years, the Foundation has stayed true to its vision and mission and has matured as an organisation serving the needs of its stakeholders, especially its beneficiaries. 2012 was no exception as efforts were intensified in all areas, but especially in the delivery of its National Programmes, as the Foundation continued to focus on its seven main thrusts. Financial Performance The year 2012 saw a substantial increase in the expenditure of the Foundation due to the increase in number of National Programmes implemented and new development projects that were undertaken. The total expenditure incurred in 2012 was RM4,609,898 representing an increase of 28.3% from the expenditure of 2011. Of this, 46.9% amounting to RM2,161,060, was attributed to administrative costs. However, the Foundation received additional income through fundraising, sponsorships and interest income totalling RM1,285,510. An amount of RM2,080,502 representing 45.1% of the total expenditure was spent on the implementation of PINTAR National Programmes such as PINTAR BattleBot Challenge, PINTAR Mobile Learning Unit, PINTAR D’Arts Literacy, PINTAR Go Green and Leadership Programme for PINTAR School Leaders as well as PINTAR Alumni Programme. numerous activities which included the CEOs’ Dinner, the PINTAR Roundtable, Media Visits, the Annual General Meeting and production of the inspirational book ‘Beating the Odds’. PINTAR Foundation has also spent a total of RM368,336 (8% of total expenditure) on marketing and on initiatives to build rapport and strengthen its relationships with various stakeholders. The expenditures were utilised to execute Making an Impact PINTAR ANNUAL REPORT 2012 16 Year 2012 has indeed been an eventful year not only for PINTAR Foundation but for its members as well, with new schools being adopted and numerous programmes executed throughout the year. In 2012, 81 new schools were adopted by various corporates, translating into a 35% increase (from 228 schools in 2011 to 309 in 2012), largely due to UEM Group’s adoption of 50 schools for its English Literacy Programme. This augurs well for the PINTAR Programme as more schools and students will have access to the intervention programmes and benefit from them. In total, PINTAR Foundation implemented five national programmes in 2012, reaching a total of 62,006 students and 1,063 teachers nationwide while its members and partners, collectively implemented no less than 300 programmes between them, and contributed more than RM5.9 million to their respective PINTAR programmes in schools, while involving 747 of their staff as volunteers. This collective effort by the Foundation and its members and partners, acting in unison with the same goal/ objective is beginning to bear fruit as the positive outcomes envisioned become reality. The overall impact of the PINTAR Programme in 2012, measured through the results of the 2012 UPSR, PMR and SPM exams sat by our PINTAR students have shown positive and encouraging progress and accomplishments. The percentage of PINTAR students who passed the Ujian Penilaian Sekolah Rendah (UPSR) was 71.71% compared to the national passing average of 56.94%, while in the Penilaian Menengah Rendah (PMR) examinations, the percentage of PINTAR students who passed PMR was 68.9%, an increase of 1.82% compared to the previous year. Meanwhile, 90.93% of PINTAR students obtained the SPM certificate in 2012, 0.33 percentage points more than in 2011. On top of that, the number of students getting straight A’s in their UPSR results saw further increase from 10.15% in 2011 to 10.56% in 2012, and is 1.62% higher than the national average. The attendance rate of PINTAR students has also shown an average increase of 7.86% across PINTAR schools nationwide. Apart from these, positive feedback has been received through the annual Stakeholder Satisfaction Survey conducted by the Foundation, with more than 90% of beneficiaries surveyed being satisfied with the PINTAR Programme. National Programmes PINTAR National Programmes continue to be implemented under the respective key tenets which aim to equip students from PINTAR schools with the necessary skills to become an all-rounder by developing leadership, communication, creative and technical skills as well as inculcate good moral values. Advocating Responsibility Launched in 2010, the PINTAR BattleBot Challenge (PBBC), a programme aimed at enhancing students’ creativity as well as to promote critical thinking, came to a close with its finale in 2012. In its final year, PBBC continued to receive overwhelming response from students and teachers alike, and garnered the participation of 120 schools, 3,190 students and 232 teachers across all PINTAR schools nationwide. The PINTAR Mobile Learning Unit (PMLU) with the theme “Advocating Responsibility” launched in 2011 continued on its visits to schools to complete the cycle in 2012. The PMLU aims to promote and encourage students in PINTAR schools to become informed and responsible citizens. It is a mobile unit used to promote learning in school children through exciting stimuli and bringing knowledge in a fun and lively way. The National Final round and closing ceremony was held at Legoland Malaysia in Iskandar Malaysia where a total of 64 students and 50 teachers participated in the competition. SK Bukit Cheding, Selangor emerged as champion of the 2012 PINTAR BattleBot Challenge with SK Paka III, Terengganu as first runner up. In 2012, the PMLU visited 73 schools where a total of 55,590 students and 487 teachers participated in the programme. The PMLU also visited a total of 40 homes throughout Peninsular Malaysia during the school holidays. A total of 1,230 children, aged between 4 to 17 years old and 80 teachers/guardians benefited from the programme. Nurturing Talent Another programme under the ‘Advocating Responsibility’ tenet is the PINTAR Go Green School Programme which aims to develop a generation that will adopt responsible lifestyles and attitudes towards the conservation of our environment by inculcating a healthy respect for our environment from a young age. The programme fosters the 3R concept (recycle, reuse and reduce) and environmental stewardship in students as part of PINTAR Foundation’s initiative to promote behavioural change in the attitude of individuals towards the environment. D’Arts Literacy Programme is intended to nurture talent in art amongst PINTAR students in schools through the book called, ‘Malaysian Art Book for Children’ (MABC). Among the objectives of the programme include the exploration of art as another medium which could contribute to the development of both critical and creative mind as well as providing the opportunity for rural school children to have access to the creative arts of our own local masters. PINTAR D’Arts Literacy Programme included teachers’ workshops throughout the country and culminated in the National Level Competition for students on 31 October 2012 at National Visual Arts Gallery, Kuala Lumpur with participation of 55 primary schools and 7 secondary schools nationwide. In partnership with Universiti Kebangsaan Malaysia, the programme draws school teachers and students from 50 primary schools from across the country in workshops that reinforce the green message through indoor and outdoor activities as well as theory and practical exercises. 17 PINTAR ANNUAL REPORT 2012 Promoting Intelligence Alumni Programme PINTAR Foundation conducted its first ever Education Conference titled ‘Education Transformation through Excellent Leadership’ for school leaders from its graduated schools which was held from 13 to 15 July 2012 in Kuala Lumpur. The three-day Education Conference which was officially launched by Tan Sri Abd Ghafar bin Mahmud, Director General of Education Malaysia was jointly organised by Yayasan AMIR, PINTAR Foundation and Yayasan Khazanah. Featuring a collaborative approach, conference participants engaged in the sharing of best practices found in Yayasan AMIR Trust Schools and PINTAR Schools. The Education Conference was also held to assist the PINTAR alumni schools to reach a higher level through excellent leadership and administration in line with the Education National Key Result Area (NKRA) based on four tracks, namely - Developing High Quality Leadership and Management; Improving the Quality of Teaching and Learning; Maximising Students’ Achievement and Potential and Strengthening the Engagement of Parents, Community and other Stakeholders. Special Project English Literacy Programme Sponsored by UEM Group Berhad The ‘English Literacy Programme Sponsored by UEM Group Berhad’ (ELP), is designed to improve teachers’ ability to teach English in a manner that will help enhance the way students learn the language and ultimately to be able to speak and write in English. Launched on 28 March 2012, the programme focuses on strengthening English teaching and learning through capacity building, using a variety of methods which include: quality delivery structures; supportive intervention; student activities and community involvement. PINTAR ANNUAL REPORT 2012 18 analysis and establishment of proposed KPIs for the programme; training sessions for teachers on ‘Most Significant Change, ‘Class Management and Lessons Planning’ - a face to face training session to encourage students’ participation in classroom learning through cooperation and team work; and training of UEM’s volunteers on ‘Learn English Family Programme’ to actively engage with parents in promoting literacy at an early age among the students. Employee Development 50 newly adopted schools by UEM Group Berhad (UEM) started on this three-year programme in April 2012. A total of 100 primary school English teachers from schools in nine states - Selangor, Kuala Lumpur, Negeri Sembilan, Perlis, Kedah, Penang, Perak, Melaka and Johor are involved. The Foundation’s ability to sustain its growth and manage the PINTAR Programme to the expectations of its stakeholders is very much dependent on the commitment and capabilities of its employees who form the backbone of the organisation. The Programme is managed, coordinated and monitored by PINTAR Foundation. The British Council (BC), based on its expertise in managing and delivering educational projects in diverse communities, has been appointed as Programme Partner to design and deliver this three-year programme. Recognising that and cognisant that good talent is scarce, the Foundation strives to attract as well as retain good talent. In addition, efforts are focussed on ensuring the continuous professional development of staff and their competencies are enhanced via targeted training. In 2012, PINTAR Foundation has successfully conducted and completed the milestones of the first phase of the project which include briefing sessions to all SED, PPD, Headmasters of ELP schools and ELP teachers involved; assessment and development of schools’ needs PINTAR Foundation has 17 staff. In 2012, all staff were involved in a Strategic Planning session to brainstorm and agree on the corporate strategy of the organisation, moving forward. Employees also underwent a total of six training programmes with each employee receiving on average of 16 hours of training. Moving Forward The PINTAR Alumni programme has taken off and the ELP is well on its way to meet the project milestones. A new theme, ‘Nurturing Talent’ will be developed for the design of the new PMLU targeted to be launched in April 2013 and the development of new national programmes are underway. Fundraisers that started in 2012, like the ‘Bag-To-School’ campaign and the inspirational book for children, titled “Beating the Odds” had a fairly good start and will see continual on-going marketing effort throughout 2013. High on the agenda is grant applications to ensure the Foundation secures substantial funds to continue with its enriching National Programmes that complement the programmes of its members and partners. Already several new programmes are in the pipeline for 2013 and beyond and the Foundation looks forward to bringing them to fruition. As PINTAR proceeds to move forward on its upward momentum, the organisation recognises that effective stakeholder engagement is the key to the success of the PINTAR Programme. Besides engaging with its key stakeholders – PINTAR members and stakeholders of the school ecosystem, PINTAR Foundation will continue to engage the Ministry of Education and SED closely to understand and meet the needs of the country. In 2012, the number of new PINTAR schools increased substantially, all thanks to existing members’ adoption of new schools following the ‘graduation’ of schools adopted by them earlier; and the UEM Group’s sponsorship which brought in 50 new schools. The Foundation is very much aware of the need to enlist more members to ensure the healthy growth of new schools. More marketing efforts will be put in place to reach out to potential Corporates to ensure that membership and thus the number of adopted schools continues to grow healthily. At the same time, the Foundation is fully aware that as the organisation and its programmes grow, a key challenge is sustainable funding to keep up with its operations. The quest to ensure sustainable funding is even more critical from 2013 as the initial grant from the Government depletes and new projects which require substantial funding are in the development pipeline. All in all, the Foundation feels that it has been able to end the year on a high note and aims to achieve even more in the years ahead. Moving forward, the Foundation hopes to work and collaborate with more Corporates and its existing stakeholders, and together endeavour to maximise the potential of children in underserved communities to build the nation’s human capital through holistic education. 19 PINTAR ANNUAL REPORT 2012 2012 has been a fulfilling and challenging year for PINTAR Foundation. The Foundation continued to provide the PINTAR Consultancy Services to corporates needing the service in their school adoption endeavour. At the same time, the Foundation was also able to support members’ and partners’ requests for assistance. Financial Highlights Total Income 2012 Source of Fund Amount (RM) Percentage (%) 3,875,191 75 Interest Income 364,673 7 Consultancy Service 850,000 17 Other Income 70,838* 1 5,160,702 100 MOF Grant Total *Income from fundraising events, sale of book and others PINTAR ANNUAL REPORT 2012 20 1% Other Income 7% Interest Income 17% Consultancy Service 75% MOF Grant Income 2012 Total Expenditure 2012 Source of Fund Amount (RM) Percentage (%) 2,088,554* 45 2,161,060 47 Stakeholder Engagement Events 166,939 4 Others 193,345 4 4,609,898 100 Programme Management Administrative Costs Total *Overall cost for National Programmes/events 4% Others 45% Programme Management 47% Administrave Costs Expenditure 2012 21 PINTAR ANNUAL REPORT 2012 4% Stakeholder Engagement Events National Programmes PINTAR National Programmes are national-scale programmes designed, implemented, managed and monitored by PINTAR Foundation. Funded by the Foundation, these programmes are executed across PINTAR schools nationwide and infused with varying themes based on the three key tenets of ‘Promoting Intelligence, Nurturing Talent and Advocating Responsibility’. PINTAR National Programmes adopt a fun and practical approach to learning which complement the academic curriculum and promote education through creative, innovative and mentally stimulating methods to help students discover their talents, develop their leadership and communication skills, creativity as well as to instil good moral values. PINTAR ANNUAL REPORT 2012 22 In 2012, PINTAR Foundation implemented five national programmes – PINTAR Mobile Learning Unit, PINTAR BattleBot Challenge, PINTAR Go Green School Programme, PINTAR D’Arts Literacy Programme and PINTAR Alumni Programme. PINTAR BattleBot Challenge (PBBC) PINTAR BattleBot Challenge (PBBC) is a robotic competition where students use their creativity and knowledge in Science and Mathematics to design and construct the strongest robot using LEGO technology. The competition was first introduced as PINTAR National Programme in 2010 and is opened to school children aged between 9 to 11 years old. PINTAR BattleBot Challenge which is in line with PINTAR’s key tenet, “Promoting Intelligence” successfully completed the school, zone and national level challenges in 2012, with the participation of 120 primary schools. Held at Legoland Malaysia at Iskandar Malaysia, the National Final Battle marked the finale and close of the programme as the Foundation moves on to other programmes. PINTAR Mobile Learning Unit (PMLU) is a specially designed mobile learning unit equipped with activities and information based on specific themes. It is used as a tool to reach out to PINTAR students by bringing knowledge to them in a learning environment that is fun and exciting as well as being an alternative approach to conventional classroom learning. The iconic “Advocating Responsibility” PMLU launched in 2011 continued its tour to PINTAR schools from February 2012. In 2012, the PMLU visited 73 schools where a total of 55,590 students and 487 teachers participated in the programme. During school holidays, the PMLU visited orphanages across the country, bringing cheer and learning to 40 homes where a total of 1,230 children, aged between 4 to 17 years old and 80 teachers/guardians benefited from the programme. Accomplishments in 2012 Since it was first launched in 2009, the PMLU has received excellent reviews from visitors; thanks to its interactivity and the innovative experiential learning it offers. a. Schools Covered: 120 schools b. Participants: 3,190 students and 232 teachers Accomplishments in 2012 c. Final Competition: Held in Legoland Malaysia, Iskandar Malaysia, Johor d. Feedback: 94.79% of the students agreed and 91.78% of teachers’ strongly agreed that the programme has enhanced their creativity and promotes critical thinking a. Theme: Advocating Responsibility b. Schools Covered: 73 schools c. Orphanages Covered: 40 homes d. Participants: 55,590 students and 487 teachers e. Feedback: 95.2% of students agreed that they could relate the knowledge obtained and the activities conducted, to subjects taught in the classroom 23 PINTAR ANNUAL REPORT 2012 PINTAR Mobile Learning Unit (PMLU) Among the aims of the competition is to strengthen students’ critical thinking, problem-solving and teamwork skills from an early age as well as foster bonds amongst PINTAR schools to enable students to form new friendships within the spirit of friendly competition. In addition, it also provides opportunities to rural students to learn and use new technology through LEGO, a technology known to help develop children’s creativity by block-building activity. PBBC includes three levels of challenges – School, Zone and National – to claim the title of BattleBot Challenge Champion. PINTAR D’Arts Literacy Programme PINTAR Alumni Programme PINTAR D’Arts Literacy Programme is an initiative under the “Nurturing Talent” tenet which aims to nurture the creative side of the younger generation by developing both the critical and creative mind. Under this Programme, teachers attend Art Workshops facilitated by several artists featured in the book ‘Malaysian Art Book for Children’ (MABC) and bring back the newly acquired skills to train their students. The book is published by Khazanah Nasional Berhad through its Khazanah Heritage & Art Initiative and is designed to encourage creativity and critical thinking in children. PINTAR Alumni School Programme is an initiative led by PINTAR Foundation with the purpose of providing continued support to schools which have completed the three-year adoption period. PINTAR Alumni schools will have access to selected PINTAR national programmes and engagements and will enable the Foundation to continue to monitor their progress. PINTAR D’Arts Literacy Programme also aims at providing the opportunity for rural school children to have access to the creative arts of our own local masters. As part of the programme, an art competition was organised amongst PINTAR schools, culminating in a National Level Competition for students held on 31 October 2012 at National Visual Arts Gallery, Kuala Lumpur. PINTAR ANNUAL REPORT 2012 24 Accomplishments in 2012 a. Schools Covered: 55 primary schools; 7 secondary schools b. Theme: Human Figure c. Participants/ Total Artwork received: 1,226 pieces d. Final Competition: Held in National Visual Arts Gallery, Kuala Lumpur e. Teachers’ Clinic: Conducted 4 sessions in separate locations (JB, KL, Pahang and Penang); 104 teachers participated f. Feedback: 100% of the teachers agreed that the clinic/ programme has encouraged and enabled them to nurture their students’ interest in the arts and heritage more successfully As part of the programme activity for 2012, the Foundation conducted its first ever Education Conference titled ‘Education Transformation through Excellent Leadership’ for its school leaders of the graduated schools at Berjaya Times Square Hotel from 13 to 15 July 2012. The event was a joint collaboration between PINTAR Foundation, Yayasan AMIR, and Yayasan Khazanah, three education initiatives under Khazanah Nasional Berhad. Tan Sri Abdul Ghafar Mahmud, Director General of Education, Minister of Education Malaysia launched the conference. A total of more than 120 participants from 57 PINTAR Alumni Schools, consisting of head of schools and senior assistants, attended the conference. Among the objectives of the conference were: a) b) c) To assist the PINTAR alumni schools to reach a higher level through excellent leadership and administration in line with the Education National Key Result Area (NKRA) To enable school leaders to apply the best leadership practices in education transformation through the best models shared To act as a platform to share information on education best practices for schools under Yayasan AMIR, Yayasan Khazanah and PINTAR Foundation Findings on the feedback showed a majority of the participants (88.1%) responded “very good” and “good” and believed that the conference has given them a new perspective on leadership. They also agreed that overall: a) b) c) d) The objectives of the two-day presentation have been achieved The contents and materials presented were sufficient Presenters were able to deliver their presentations effectively The presentation materials were useful PINTAR Go Green School Programme By inculcating a healthy respect for our environment from a young age, the PINTAR Go Green School Programme aims to develop a generation that will adopt responsible lifestyles and attitudes towards the conservation of our environment. The programme fosters the 3R concept (recycle, reuse and reduce) and environmental stewardship in students as part of PINTAR Foundation’s initiative to promote behavioural change in the attitude of individuals towards the environment. In partnership with Universiti Kebangsaan Malaysia, the programme draws school teachers and students from selected primary schools from across the country in workshops that reinforce the green message through indoor and outdoor activities as well as theory and practical exercises. Participants were made to understand the impact of climate change, and encouraged to adapt their behaviour to challenge this. The programme also aims to educate how energy efficiency, transport, consumption and waste and alternative energy sources have an impact on climate change. It also serves to empower young children, their families and their school communities to reduce their energy footprint through multimedia materials, green folios, environmental measurements (temperature, wind, water) and eco-art. Accomplishments in 2012: 50 schools b. Participants: 2,000 students and 120 teachers c. Activities Conducted: Training workshop for teachers, school workshop for students as well as Go Green Competition among students and schools d. Feedback: A majority of the students enjoyed the session and are now more aware of the impact of climate change. They also agreed that they will strive to protect the environment based on the knowledge they gained from the workshop. All teachers agreed that the workshop has given them insight on environmental activities that can be conducted in schools. 25 PINTAR ANNUAL REPORT 2012 a. Schools Covered: Stakeholder Engagement The success of the PINTAR programme is dependent on the continuing commitment and participation by its members and partners. The Foundation thus set its priority to build trust, understand the issues, needs and concerns of all its stakeholders and sought opportunities to provide relevant platforms for a clear two-way communication between the Foundation and all its stakeholders. In 2012, the Foundation continued with its focus on building and strengthening its relationships with its key stakeholders to ensure their full commitment towards the success of PINTAR Programme. These stakeholders were identified as companies who adopt schools and run programmes at their respective schools, the main beneficiaries - students and teachers, and also the governing body - Ministry of Education. PINTAR ANNUAL REPORT 2012 26 The engagements deployed were stakeholder - centric, and were focused on meeting their needs, whilst driving the Foundation’s agenda. Members and Partners CEOs’ Dinner This amazing group of companies, made up of passionate and like-minded individuals, is the In 2012, the Foundation, for the first time, organised a special engagement of its vital pulse at the heart of PINTAR. Cognisant of this, the Foundation strives to engage them member companies’ CEOs. The CEOs’ Dinner was held to enable PINTAR Board of Trustees and Management to engage with the top level management of existing and formally at least twice a year via the PINTAR Members’ Roundtable. potential members as part of the Foundation’s member retention and acquisition strategy. The guest of honour was Tan Sri Nor Mohamed Yakcop, Minister in the Prime PINTAR Roundtable Minister’s Office and the brainchild behind the PINTAR programme. The PINTAR Members’ Roundtable continues to provide a platform for PINTAR Foundation and its members and partners to update on the progress of their respective programmes, The dinner was held at Bunga Emas Restaurant, Royale Chulan Hotel on 15 May 2012. share their knowledge and experience, explore opportunities for collaboration, as well as A total of 48 guests attended the event which included representatives from 13 PINTAR network with each other. In 2012, two roundtables were held. members and partners as well as the top management of 11 potential companies. The 17th Roundtable was held on 28 February 2012 at the UEM Learning Center in Petaling School Leaders Jaya. The Foundation provided an analysis of the reports submitted by all companies and also took the opportunity to update them on PINTAR national programmes for the year. Leadership Programme for PINTAR School Leaders Telekom Malaysia Berhad (TM), Malaysian Airlines System Berhad (MAS) and Malaysia Another group of important stakeholder for the Foundation is the School Leaders – Airports Holding Berhad (MAHB) shared their respective programme strategies, and TM Headmasters and Principals of the PINTAR schools. Addressing a pain point raised by offered TM Muzium’s Outreach Programme and TM Earth Camp to all members’ schools. School Leaders on self-development in the Focus Group Engagement sessions held by the Foundation in 2010, the first phase of the Leadership Programme for PINTAR School PINTAR Foundation also invited Puan Norhayati Alias, Deputy Chief Inspectorate of the Leaders was held on 23 to 25 September 2011, spearheaded by Datuk Mary Yap. School Inspectorate & Quality Assurance Department from the Ministry of Education who spoke on leaders were exposed to the various theories on leadership and tasked to implement the National Standard quality used by the Ministry when they evaluate and monitor schools. the relevant theories learnt at their schools. This session gave members a good understanding of the important areas of improvement that their schools should strive towards. The second phase, on monitoring and evaluation, was held on 21 to 23 May 2012 in Grand Seasons Hotel, Kuala Lumpur, following observation by the PINTAR team using the 360 monitoring system developed internally and guided by Datuk Denison. Viewing the positive outcome of the Batch 1 training, PINTAR conducted this programme again, but for a new group of participants (Batch 2) from 11 to 13 October 2012 which was attended by 43 school leaders from 22 PINTAR schools. Many renowned speakers in education and leadership including a session with Media Prima top management gave the participants different dimensions on leadership. From the feedback received from the school leaders, the content of the programme was very good as they were exposed to different perspectives and experiences on leadership. This has made them more aware of their role as change catalyst of their schools. 27 PINTAR ANNUAL REPORT 2012 The 18th Roundtable was held seven months later, on 25 September at KidZania, Kuala Lumpur. At this session, besides the progress reporting and exchange of ideas, members were taken on a tour of KidZania where they were given first-hand experience of KidZania’s activities for their consideration of bringing their PINTAR school children for a visit. For PINTAR schools, KidZania has agreed to work out a special package as part of their CSR programme. Ministry of Education The Ministry is without a doubt, another key stakeholder of the Foundation. In 2012, the Foundation was able to provide its annual update to the Director of School Management Division. In addition, the Foundation briefed all State Education Department(SED) directors at the Ministry’s Pre-Council Meeting of SED Directors held on 19 September 2012 in Labuan on the progress of the PINTAR programme and its members’ activities. It was also an opportunity to raise any issues that needed the Ministry’s intervention. SED Roadshow Part of the Foundation’s strategic engagement plan was to visit all State Education Departments in Malaysia to ensure that it addresses any issues or concerns faced by the various departments. In addition, the Foundation wanted to ensure that at state level, the officers have the same understanding of the PINTAR programme, thus facilitating future programme engagements. In 2012, the Foundation visited a total of nine State Education Departments which are Perlis, Johor, Selangor, Pahang, Terengganu, Melaka, Perak, Sabah and Sarawak. From these visits, the Foundation was succeeded in fostering closer ties with various departments and able to address any issues that were raised. Stakeholder Satisfaction In 2012, the Foundation conducted a satisfaction survey on its three key stakeholder groups which are members, teachers and students. The purpose of the survey was to get feedback on the role and value of PINTAR to its members; and the quality and benefits of PINTAR Programme and PINTAR National Programmes to students and teachers. The results were very encouraging and helpful in guiding the Foundation to improve itself further. PINTAR ANNUAL REPORT 2012 28 PINTAR scored a satisfaction rate of about 91% with members having a positive perception of the Foundation and rated it as excellent in providing them support. Members also acknowledged PINTAR National Programmes as being good to excellent. The satisfaction rate among the teachers’ group was more than 91%. Teachers find that the PINTAR Programme provides good activities that meet with the schools’ requirements. Teachers also agreed that the adopting companies (PINTAR members) have good knowledge about their school’s needs and that programmes conducted are relevant to their schools. The satisfaction rate among students is equally high, with students agreeing that the PINTAR Programme provides quality programmes. They are especially excited with the fun way the knowledge is delivered via the PINTAR Mobile Learning Unit where the students are exposed to the real-life learning experience. The yearly PINTAR BattleBot Challenge using LEGO bricks is also a great hit among the students. Building Brand Equity Brand Equity is one of three main thrusts of PINTAR’s strategic plan. PINTAR Foundation believes that a strong and trusted brand is an enabler that will draw the interest and participation of potential corporates and gain the trust of its stakeholders. Managing brand perceptions is thus a very important component in the management of the Foundation. The PINTAR brand is defined by PINTAR’s stakeholders’ experience of the brand at various touch points. In 2012, PINTAR embarked on a number of initiatives to enhance its brand awareness and develop positive public brand perceptions towards PINTAR. Media Engagement At the same time, PINTAR invited members of the media to cover its main events/activities related mostly to its National Programmes. The initiatives taken have proven effective, as the organisation was able to garner media coverage for its events in the major local dailies – Berita Harian, Harian Metro, Utusan Malaysia, The Star and New Straits Times, achieving a Media Value Index (MVI) of more than RM1 million in 2012. 29 PINTAR ANNUAL REPORT 2012 Effective media engagement is a key strategy employed to help increase public awareness of PINTAR and its programmes. This is achieved via a two-prong approach – media coverage of PINTAR’s events and activities; and media visits. Media visits aim to build rapport with the Editors from the local media. PINTAR Foundation organised media visits to three key media organisations in 2012 to introduce the media to PINTAR Foundation and its members and the activities carried out as well as to forge rapport and garner positive editorial publicity whilst exploring potential strategic collaborations with media partners. During the visits, editors were given insights on the background of PINTAR Foundation, its National Programmes and PINTAR Members’ activities. The PINTAR team was joined by PINTAR Members and a PINTAR Board of Trustee member to Balai Berita, Utusan Malaysia and The Star. PINTAR ANNUAL REPORT 2012 30 Participation in International Conference Fundraising PINTAR Foundation participated in the EUMCCI Social Responsibility Week 2012 which presented the theme of “Foundations of Social Enterprise” from 24 to 27 September 2012. The Foundation together with the other participants, who were international and local practitioners, shared their current perspectives and experience in sustainability and CSR, focusing on the opportunities for creating valuable, sustainable business collaborations between companies, social enterprises and corporate foundations. Introduced in October 2012, the PINTAR “Bag-to-School” Campaign is yet another of the Foundation’s efforts to raise funds for the implementation of its various national programmes for its PINTAR schools. Besides raising funds, it is also an effort to cater backpacks to PINTAR students nationwide and to equip them with school necessities, especially for students of underprivileged backgrounds. The campaign has so far progressed positively with the support of PINTAR members. In tandem with the EUMCCI Social Responsibility Week, EUROPA Sustainability Awards 2012 was also held to acknowledge the excellence in social, education, environmental and governance contributions of community-based organisations, charities, societies and non-government organisations. PINTAR Foundation was nominated in the Education category and was selected based on its effective programmes that have impacted the lives of many underserved students nationwide. The three-day international conference ended with the EUROPA Sustainability Awards Gala Night 2012 in which PINTAR Foundation was named the winner of the EUROPA Sustainability Awards 2012 in recognition of having met high standards of excellence in its education programme. “Beating The Odds” Connecting with the Public PINTAR Foundation launched its latest publication – the PINTAR Inspirational Book titled “Beating the Odds” (BTO) on 9 November 2012. The book’s objective which is to inspire the young generation to face up to life’s challenges and overcome obstacles is written based on the real-life amazing stories of children from the underserved communities across Malaysia – describing how their perseverance has changed their lives for the better. The book also features inspiring stories told by well-known Malaysian icons who have made it big today – Tan Sri Nor Mohamed Yakcop, Tan Sri Arshad Ayub, Datin Paduka Marina Mahathir, Dato’ Bernard Chandran, Prof Dato’ Dr Jimmy Choo, Dato’ Nicol David and Dato’ Lat. BTO is available for purchase at selected MPH bookstores nationwide. As with the first book, “Malaysia Art Book for Children” which was produced by Khazanah Nasional’s Heritage and Art Initiative and bequeathed to PINTAR Foundation, both books can be purchased via PINTAR’s official website and Facebook page, and also through mphonline.com. The proceeds of the book sales will be channelled to PINTAR Foundation to fund its PINTAR National Programmes. The Foundation engages various platforms to connect with and keep its stakeholders informed on updates and activities of the organisation. PINTAR’s e-newsletter, named as the PINTAR Voices was introduced in 2011 as a bi-annual publication and later became a quarterly publication in 2012. Aimed at keeping PINTAR’s various stakeholders abreast of the activities and achievements of the programmes implemented by the Foundation as well as its members and partners, the newsletter has also become a marketing tool to showcase the success of the PINTAR Programme. Cognisant of the popularity and effectiveness of the social media, the Foundation also engages the public via Facebook. The PINTAR Communication team updates PINTAR’s Facebook page regularly with programme updates and activities. Response indicated strong ‘Likes’ for PINTAR’s National Programmes and many queries by the public on how to join the PINTAR Programme. The various communication mediums of the Foundation are monitored and evaluated to assess its effectiveness. With the feedbacks received, the team is tasked to ensure these are effectively managed whilst maintaining its relevancy. 31 PINTAR ANNUAL REPORT 2012 PINTAR portal, www.mypintar.com.my continues to be the Foundation’s key communication platform on the internet. The PINTAR team regularly updates the portal to keep information current and also to publish the Foundations publications – PINTAR Voices, PINTAR Annual Report and brochure. In 2012, the website garnered a total of 115,000 hits, an increment of 56,000 from 2011. Calendar of Significant Events 20 February 2012 PMLU kicked off at SK Bukit Tambun, Seberang Prai, Penang 28 February 2012 The 17th PINTAR Members’ Roundtable was held at UEM Leadership Centre, Selangor 28 March 2012 PINTAR and UEM Group signed an agreement for the sponsorship of English Literacy Programme by UEM Group with British Council as programme partner 25 April 2012 Media Visit to NST/BH to build rapport with editors from the local media PINTAR ANNUAL REPORT 2012 32 27 February 2012 BBC kicked off at SK Cherating, Pahang 11 March 2012 Khazanah Nasional Berhad sponsored PINTAR students to Cuci The Musical Last Kopek held at Istana Budaya, Kuala Lumpur 17 March 2012 PINTAR Foundation’s Go Green School Programme kicked off with a teachers’ and facilitators’ training workshop held at UKM Bangi, Selangor 15 May 2012 PINTAR Foundation organised a CEOs’ Dinner Graced by Tan Sri Yakcop at Royale Chulan Hotel, Kuala Lumpur 21 - 23 May 2012 PINTAR Foundation’s Leadership Training for PINTAR School Leaders, Phase II brought PINTAR school leaders together at Grand Seasons Hotel, Kuala Lumpur 13 July 2012 PINTAR Foundation, in collaboration with Yayasan AMIR, organised the Education Conference that was officially launched by Tan Sri Abdul Ghafar Mahmud, Director General of Education, Ministry of Education Malaysia at Berjaya Times Square Hotel, Kuala Lumpur 15 October 2012 KidZania treat for 887 students and 134 teachers from 27 PINTAR schools sponsored by Khazanah Nasional Berhad 8 November 2012 The National Level PINTAR BattleBot Challenge (Final) was held at Legoland Malaysia, Iskandar Malaysia, graced by Tuan Haji Amran Bin A. Rahman, Johor Bahru District Officer 15 June 2012 PINTAR Foundation’s 4th Annual General Meeting convened at Menara UOA Bangsar, Kuala Lumpur 11 - 13 October 2012 PINTAR Foundation organised its Leadership Training for its second batch of school leaders at Malaysia Airlines Academy, Kelana Jaya which saw the participation of 43 school leaders from 22 PINTAR schools 31 October 2012 PINTAR D’Arts National Competition was held at National Visual Arts Gallery, Kuala Lumpur 8 November 2012 PINTAR Foundation launched its latest publication - the PINTAR Inspirational Book titled “Beating the Odds” at Legoland Malaysia, Iskandar Malaysia PINTAR ANNUAL REPORT 2012 33 PINTAR ANNUAL REPORT 2012 Making Headlines 34 PINTAR ANNUAL REPORT 2012 35 Members’ Activities PREMIUM MEMBER Bank Islam continues to support the initiatives of PINTAR Foundation which aims to promote academic and non-academic excellence especially among the underserved students. Since 2008, the Bank has adopted 13 schools nationwide, where more than 12,000 students benefited. Last year, the Bank adopted a further five schools, which include: • • • • • SK Kuala Kupang, Kupang, Kedah SK Pasir Puteh (M), Pasir Puteh, Kelantan SK Sg Ranggam, Kampung Gajah, Perak SK Sg Jejawi, Teluk Intan, Perak SMK Gombak Setia, Selangor Under the PINTAR Programme, Bank Islam chose to concentrate its efforts on ‘Sustainability Studies’ and ‘English Communication Workshop’. The subject matters were chosen as the Bank has identified environmental initiatives as one of the essential subjects that need to be taught to children at a young age. Additionally, the Bank has also made an observation in which students of the adopted schools are found to be consistently weak in the English subject. PINTAR ANNUAL REPORT 2012 36 Food Garden Workshop The Bank’s ‘Sustainability Studies’ programme includes the implementation of the ‘School Garden Project’, which has impacted 250 selected students. The programme involved students strengthening and improving their writing, speech and thinking skills by using plants as a learning medium. Participating students were required to perform assessment on the impact of different human activities on plants. They were then asked to list personal actions in which they can execute in order to minimise harmful effects and enhance good effects which lead to sustainable living. At the end of the programme, students were given their own set of plants in which they would have to plant and look after at the Food Garden in their school. The students will need to apply the acquired knowledge in not only looking after those plants but also in their daily routines. English Communication Workshop Bank Islam collaborated with International Islamic University (IIUM) for this programme, in which foreign IIUM students were invited to become mentors for participants. Emphasising on spoken language, the programme required participants to communicate by listening and speaking. This encouraged children to participate and become actively involved in each module. At the end of the course, students had displayed the following skills: • Increased fluency in their oral presentation • Competently able to use suitable and appropriate communication techniques • Developed confidence in delivering an effective public presentation Bank Islam’s PINTAR programmes were not limited to the above. The Bank has also conducted other activities, which include motivational workshops, career talks, seminars, visitations, tazkirah, solat hajat, tuition for English, Maths and Science subjects, UPSR clinics and workshops, additional classes, answering question techniques, donation of study/learning materials, Teachers’ Workshop, Majlis Titipan Ilmu and others. These programmes have impacted 4,300 schoolchildren (Year 1 to Secondary 5). PREMIUM MEMBER The schools also cumulatively increased their English National Average Grade to 3.31 compared to 3.42 the previous year (a lower value indicates better performance). A ceremony was held by CIMB Foundation to reward the students for their achievements. Each of the students who scored 5As was awarded RM500 and also received an Adidas school bag, tumbler and various other gifts. Additionally, the students were awarded RM1,000 if they secure a place in a boarding school. During the ceremony, Sekolah Seri Perlis was proclaimed as the best school. They have improved tremendously since CIMB Foundation’s engagement. Their overall pass rate increased from 58% the year before to 78%. They also increased their English pass rate from 58% the year before to 90%. The most significant achievement was the number of students scoring 5As for the UPSR. 11 Sekolah Seri Perlis students scored 5As compared to only one the year before. 37 PINTAR ANNUAL REPORT 2012 PINTAR is a programme introduced by Khazanah Nasional Berhad to provide access to quality education for rural school children. The Group’s participation in PINTAR dates back to 2007 when they began by adopting two schools in Penang. The following year, the number rose to 10 schools across Malaysia. At the end of 2012, after more than 3 years of funding, those schools were graduated. In 2012, CIMB Foundation re-examined the programme and determined that it could be more effective if the schools were concentrated within the same area. In that year, they chose five primary schools in Perlis to join their PINTAR programme for the next three years. The Foundation kicked off the programme by creating a competitive environment which encouraged academic excellence through rewards and incentives. Two mentor schools were introduced to help them achieve the targeted results. In 2012, there was an increase in the overall pass rate in the five schools with a 66% increase in students obtaining ‘A’ for English in UPSR. PREMIUM MEMBER Tenaga Nasional Berhad (TNB) is committed to not only powering the nation’s homes with electricity, but also to help power the country’s human capital development. This commitment is manifested through its involvement in the PINTAR Programme. TNB has been actively involved in the PINTAR Programme since 2007 and has adopted 27 schools throughout Malaysia. Under this programme, each school is provided a sum of money to be used for their customised programmes, according to the school’s needs. At the end of the year, a report is provided on the programmes and funds utilised by the schools. On top of that, TNB conducts programmes such as Motivation Programme for students, parents, teachers and Head Teachers of their schools. Academic In addition, every year, TNB collects exam questions from their schools and compiles them. Once all is submitted to TNB, TNB will compile them into a Question Bank and send all of the exam questions to each of their PINTAR schools. This has helped students tremendously, as evidenced by their UPSR results. TNB started sponsoring New Straits Times Newspaper in Education (NIE) for its schools since 2007 to instill an interest in learning English amongst students. In addition, workshops for teachers helped ensure the sustainability of the programme. PINTAR ANNUAL REPORT 2012 38 School Achievements All of these efforts in the academic arena have resulted in the excellent performance of its schools. Two of its schools were recognised for their academic achievements: • SK Bertam Indah, Pulau Pinang – Sekolah Berprestasi Tinggi (SBT). This school was awarded the High Performance School status for achieving excellent UPSR results in 2012, scoring a GPS of 1.6. The school is also active in bowling and taekwando with several students competing at national level. • SK Kuala Berang, Terengganu – Sekolah Kluster Kecemerlangan (SKK). This school was awarded the Excellent Cluster School status for achieving excellent UPSR results in 2012, scoring a GPS of 1.37. The school is active in tennis, with its students competing at national level. Non-academic Under the Nurturing Talent tenet, TNB has helped students develop their talent in sports such as hockey. TNB has organised hockey clinics, the TNB Hockey Clinic, for its schools since 2009. The programme measures the development and level of hockey skills among students. In 2012, the TNB Hockey Clinic culminated in the Hockey Carnival where 160 students and 40 teachers from 20 schools converged in Kuala Lumpur from 2 to 4 November 2012. The champion school was SK Matang Buloh, Perak. PREMIUM MEMBER Appreciation for PINTAR BattleBot Challenge 2012 2012 was the second consecutive year that a UMW adopted school has won the PINTAR BattleBot Challenge at National Level. Another of UMW’s adopted school, Sekolah Kebangsaan Sitiawan, Perak had won the National Level PINTAR BattleBot Challenge in 2011. For the 2012 Challenge, National Level was won by SK(A) Bukit Cheding, Selangor, defeating more than 120 schools competing in the challenge. There will be a robotic showdown between these two schools during the launch of UMW-PINTAR 2013. Additional Exercise & Workbooks Sponsorship UMW had continuously sponsored additional exercise and workbooks to all UMW adopted schools as part of the PINTAR Programme since 2006. The sponsorship of additional exercise and workbooks are for students from Year 1 to 6 for the three-year adoption period for all UMW adopted schools. Tuition classes for Year 4 to 6 UMW-PINTAR Programme sponsors tuition classes for Year 4 to 6 which covers the core subjects in UPSR Examination; English, Mathematics, Science and Bahasa Malaysia. Tuition classes are taught by the respective school teachers during weekends, during school break or after regular school hours depending on the needs or preference of each adopted school. UPSR Motivational Programme UPSR Motivational Programme is also one of the main activities in UMW-PINTAR Programme. In the UPSR motivational programme, UMW together with the respective school will look for the best motivator or local content providers such as the best teacher in their state or district to conduct motivational programmes or answering examination technique for their Year 6 students. UPSR Motivational Programme normally runs for two or three days based on school needs and preferences. Parents-Teachers Engagement Programme This programme is offered to all UMWPINTAR schools as part of their yearly calendar for the three-year adoption period. This is a programme to promote and motivate parents-teachers engagement and encourage sharing of knowledge about the students at school. Each school will have a motivational session together with one-to-one sessions between the parents and class teachers. This programme normally commences at the beginning of the year. Student Excellence Award (school level) This is also part of UMW-PINTAR Programme where UMW sponsors and recognises excellent students from each school and awards them at school level. Every year each school will award their best student based on academic achievement and curriculum participation throughout the year. Educational Visits UMW-PINTAR schools are also actively involved in PINTAR-related educational visits and programmes. SJK(C) Perkampungan Berapit from Penang participated in TM’s Night at The Museum Programme and the KidZania visit was participated by students from SK Pasir Panjang, Negeri Sembilan, SJK(T) Ladang Sungai Choh Selangor, SK Sitiawan Perak and SJK(C) Perkampungan Berapit Penang. 39 PINTAR ANNUAL REPORT 2012 UMW Holdings Berhad (UMW), a Premium Member of PINTAR Foundation, has been actively involved since PINTAR started in 2007 with the adoption of two schools in Penang. Since then UMW continued to adopt schools mostly from rural areas. Up to 2012 about 11,000 students from 16 UMW adopted schools have benefited from UMW-PINTAR Programme. UMW will adopt five new schools from Penang, Perak and Selangor apart from the remaining two schools from Negeri Sembilan and Selangor for UMW-PINTAR Programme 2013. ORDINARY MEMBER Kem Motivasi UPSR Program Gerak Gempur UPSR Boustead’s Kem Motivasi UPSR was conducted on April 2012 at Kem Kenari, Yan, Kedah. The programme was attended by 73 students from Year 6 of SK Anak-Anak Angkatan Tentera, Jitra, Kedah. The objective of the camp was to instill confidence and determination in the students so that they will do well at the year-end UPSR examinations while developing leadership skills. During the programme, several motivation sessions were conducted such as Teknik Menjawab Soalan UPSR, Awal Remaja Antara Cabaran dan Perasaan and Kemahiran Pengurusan Masa Yang Berkesan. Program Gerak Gempur UPSR was successfully conducted at SK Kem Lapangan Terbang, Jitra, Kedah. The programme was attended by 43 students from Year 6. It is focused on the method of answering UPSR questions and is based on past examination questions. Students are guided to understand the strategy in answering UPSR questions systematically and wisely. Kem Kecemerlangan Boustead Kem Kecemerlangan Boustead was successfully conducted on July 2012 at Homestay Seri Mahkota, Bukit Merah Laketown, Perak. The programme was attended by 37 students from Year 6 of SK Sultan Yussuf (AMD), Taiping, Perak. The objectives of the programme are to increase the confidence level of students and to make them realise their true potential for the upcoming UPSR examination. During the programme, several learning and motivation sessions were conducted which included Slot Motivasi dan Pecutan Optima, Teknik Menjawab Soalan UPSR – Sains, Matematik, Bahasa Melayu & Bahasa Inggeris and Pengurusan Diri Cemerlang. The Star News-in-Education (NIE) PINTAR ANNUAL REPORT 2012 40 Boustead Holdings Berhad participated in The Star News-in-Education (NIE) schools sponsorship programme for its PINTAR Schools. The Star NIE programme provides newspapers with instructional materials and a variety of activities and resources to assist teachers in their classrooms. The teachers and students can use newspaper cutouts from The Star as part of their learning activity. NIE pullouts which are colourful and entertaining provide the resources to teachers to capture students’ interest in learning English through an alternative approach. Teachers who subscribe to NIE practices can easily vouch for their appeal and role in enhancing students’ literacy. Additional Classes The additional classes for Year 6 have been successfully conducted for 7 months starting from February to August 2012. The classes start in the afternoon after normal school hours and were attended by 37 students of SK Sultan Yussuf (AMD), Taiping, Perak. Three main subjects which include Bahasa Inggeris, Mathematics and Science were taught during these additional classes. ORDINARY MEMBER ORDINARY MEMBER Sekolah Kebangsaan Sungai Danga Milestone IIB plays an active role under this programme, which is to inspire students to strive for academic excellence as well as to help nurture talents and instill good values; all of which are vital components towards the creation of a dynamic and caring generation. This programme is a collaborative initiative with PINTAR Foundation. All 207 multi-ethnic students of SK Sg Danga had benefited from the programme which aims to further the objectives of PINTAR through after school activities, literacy and numeracy projects, motivational talks and the students’ achievement. These programmes are not only aimed to enhance students’ academic excellence, but it is also to further improve their social and personal skills. With the support extended, SK Sg Danga has received some notable recognition by the Ministry of Education for its improvement. Among the awards are Anugerah Melepasi ETR Peratus Menguasai Tertinggi Kategori Luar Bandar bagi UPSR 2012, Peningkatan Peratus Menguasai UPSR 2012, Mencapai ETR Peratus Mengusai UPSR 2012, Pencapaian 100% Program Linus Tahun 3 bagi tahun 2012 and Sistem Pengurusan Sekolah Kualiti 2011 dengan Penarafan 4 Bintang. IIB’s Tunas Didik programme which is a tuition reinforcement programme for the Year 6 students has also helped with the improved performance of the school. In 2012, with all these initiatives in place the school managed to obtain 100% passes for UPSR. Inspired by the school’s performance, IIB has pledged to continue their efforts to uplift the academic and co-curriculur performance of SK Sg Danga. MBSB Engagement Programme: Enthusing Teachers and Enhancing Capabilities. Creative and enthused teachers are strong determinants of the overall school performance. This is where education and learning experience become effective and will later develop a positive school climate for the students. Premised on this notion, MBSB has carried out motivational programmes and English workshops for the school teachers and administration of its six PINTAR adopted schools. The programme is aimed at imparting positive thinking and mindset. This includes building attitudes, values, and personal effectiveness of the participants to achieve higher performance and excellence. Apart from this effort, MBSB also organised English Workshops for its schools in collaboration with the British Council. This programme aimed to enhance the capabilities of the English teachers to better equip them to teach English more creatively to their students. In valuing and engaging the educators, special delivery cakes were presented to all the schools on Teachers’ Day. This gesture by MBSB was to thank the teachers for their support towards our PINTAR programme and to honour the role they played in nurturing the future generation. To encourage students to excel in their examinations, MBSB also provided cash rewards for UPSR 2012 top achievers at all their adopted schools. In addition, they also sponsored new uniforms and other school supplies and necessities for the underprivileged students in these schools. 41 PINTAR ANNUAL REPORT 2012 SK Sungai Danga, Johor Bahru is the first school to be adopted by Iskandar Investment Berhad (IIB) under its school adoption programme. The adoption was indeed a milestone event for IIB as part of their CR initiative. They officially adopted the school after providing two years of informal assistance. ORDINARY MEMBER PINTAR ANNUAL REPORT 2012 42 In 2012, Malaysia Airports conducted many exciting activities for its 12 adopted schools in Malaysia via their flagship community programme, Beyond Borders. This programme accomplished its objectives of enhancing academic and non-academic components of the national curriculum particularly in the English Language. It was a significant year as it marked the completion of the second batch school adoption programme. Malaysia Airports has impacted the lives of 1,311 students, 120 teachers and has reached out to over 200 individuals within the schools’ surrounding community. Beyond Borders Teachers Workshop Beyond Borders Awards For the first time, Malaysia Airports gathered all Beyond Borders teachers from the 12 schools to signify the kickoff of Beyond Borders programme for year 2012. A total of 79 participants comprising of English, Mathematics and Science subject teachers were involved in the workshop. The two days and one night workshop was held from 7 to 8 April 2012 at Malaysia Airports Training Centre (MATC). The workshop provided an opportunity for the schools to exchange ideas and learn from the experts on how to manage their day-to-day job. Participants were exposed to Beyond Borders’ plans for the year. The workshop also offered assistance to increase knowledge and enhance the livelihood and sustainability of the projects. At the height of Beyond Borders 2012 programme, an award ceremony was held at Pan Pacific Hotel KLIA from 19 to 21 November 2012 to recognise all the efforts, commitment and support given by the teachers, parents and students involved in the programme. The ceremony that was held to commemorate and honour all adopted schools marked the closing of the 2nd phase of the 3 years adoption period. It was also a platform to showcase four different competitive programmes that served as the pillars for Beyond Borders, namely Golden Pen Award: Essay Writing Competition, Beyond Borders Interschool Project Competition, Planet Green Interschool Project Competition and ‘Act it Up’ Interschool Drama Competition. English Creative Writing Workshop Other Beyond Borders programmes include the Academic Enhancement programme on English, Mathematics and Science subjects for Year 6 students, ‘Crossing the Border’ — a motivational talk for Year 6 students to share some tips and experience in terms of academic, social and emotional aspects before they embark to secondary school, and the Beyond Borders Pen Pal Programme which encourages English creative writing among the students as well as relationship building where the students interact with the programme’s volunteers. Through these programmes, encouraging progress of the students’ academic achievements were seen year to year. This two-hour English workshop for Year 6 students provided a supportive environment towards creative writing among the students. The workshop was conducted with the aim of improving grammatical proficiency in theme-based topics identified in the Ministry of Education Curriculum Specifications for Year 6 English Language. There were a total of 5 modules created by University Malaya Languages and Linguistic faculty which were taught by the volunteers from Malaysia Airports to give the students better understanding of the subject. The Beyond Borders programme also provided an avenue for Malaysia Airports’ staff to volunteer. A total of 110 volunteers had participated and contributed a total of 1,772 volunteering hours for the year 2012. Malaysian Resources Corporation Berhad (MRCB) continues to champion education for the less fortunate through the MRCB PINTAR programme. An Ordinary member since 2007, MRCB engages with its PINTAR schools with an emphasis to seek improvements in three subjects namely Mathematics, English and Science. The objective of the programme is to improve academic performance and provide better study experience. The MRCB PINTAR programme, which also features other strategic CSR programmes namely Klinik UPSR, MRCB Young Leadership Campaign, Motivation, and Learning English is Fun, EZ Math, Science Day, and Kelab Doktor Muda. In 2012, MRCB continued the sponsorship of a major English Newspaper pullout called DIDIK for all their adopted schools. With motivation from the Government to encourage the use of English in learning, the newspaper sponsorship has become a useful tool in improving students’ English language skills. The objective of the programme is to improve academic performance and provide better study experience. In 2012, MRCB also contributed 700 sets of school supplies to underprivileged students from nine PINTAR schools in Penang, Perak, Kuala Lumpur, Johor and Pahang. In essence, MRCB has adopted more than 15,000 students since 2007. ORDINARY MEMBER Drama & Acting Workshop, 14 to 16 June 2012, Total Enrichment Center, Kota Kinabalu A two-day drama and acting class was organised for the Year 5 and 6 students. The workshop provided a platform for students to unleash their creativity and boost their confidence through performances such as the “Lion King” dance and the “ Gingerbread Man” play. Kem Motivasi Ibubapa, 15 to 16 July 2012 The parents of the students were given a special motivation session, conducted by an invited speaker; highlighting the importance of family support in shaping their children’s learning interest and mentality. Kem Pecutan UPSR, 3 to 10 September 2012 This nine-day stay-in camp which is held yearly in the school, consisted of group studies and revision classes. Students were taught on how to answer examination questions wisely and they were also given the opportunity to revise past years examination papers. 40th Anniversary of SK Ulu Lumagar, 3 November 2012 Technip celebrated a significant milestone in the school’s history - its 40th Anniversary. The half-day event consisted of a variety of activities – Excellence Awards, Motivational Talk by Technip’s VIP, Children’s Colouring Contest, Resource Centre Upgrade and Fun-fair Stalls. For the first time in the school’s history, students who performed well in their studies and co-curriculum activities were recognised with Excellence Awards, in the form of trophies and cash, sponsored by Technip and the most rounded student was awarded the Tokoh Pelajar. Students and parents were inspired by a motivational talk given by Ir. Faridon Talib, Technip’s Vice President, Engineering Sales who shared his “journey to success”. The students were also given the opportunity to show off their colouring skills by painting creative artworks on canvas in a contest. Technip also upgraded the school’s Resource Centre by donating new book shelves and filling them with books collected through a donation campaign held at the Technip Kuala Lumpur office. The parents, students and some teachers later partook in various challenging games offered at the fun-fair stalls. 43 PINTAR ANNUAL REPORT 2012 ORDINARY MEMBER ORDINARY MEMBER Telekom Malaysia Berhad (TM), an Ordinary Member of PINTAR Foundation has integrated PINTAR programme and the application of PINTAR Core Modules to all schools under its school adoption programme. The involvement of surrounding communities in the PINTAR programmes organised by TM has also strengthened the role of the school as the centre of community development, giving opportunities and reaching out to touch more lives – 17,806 of them to be exact, to date. A ‘WiFi-ed’ School and the First Special Needs School Joining the Pintar Network In 2012, TM launched two new PINTAR schools, both of them bringing fresh perspectives in TM’s PINTAR programme. SMK Chenderiang, situated in Temoh, Perak, is an example of a school in need of help to improve its academic achievements despite its above-average infrastructure. With about 80% of the students receiving free netbooks under the 1Malaysia Netbook programme – which means most of them come from low income families – TM took the opportunity to offer a special privilege for the school to leverage on the available netbooks by providing a WiFi-ed environment, enabling the teachers and students to access the Internet within the schools’ compound. The school was officially launched as TM’s PINTAR School by Datuk Dr Mah Hang Soon, Perak State Exco on 31 March 2012. PINTAR ANNUAL REPORT 2012 44 TM also made its own mark by adopting the first PINTAR school for the visually-impaired, namely SR Pendidikan Khas Pekan Tuaran in Sabah. Catering to students aged 5 to 14 years old, the school provided not only the normal syllabus being taught at the normal schools, but also an extra subject on Mobility to help the children learn to manage themselves with minimal support from others. The school was officiated as TM’s PINTAR school by Datuk Hajah Azizah Datuk Seri Panglima Hj Mohd Dun, Minister of Community Development & Consumer Affairs Sabah on 9 April 2012. Graduated Schools in Sibu & Seremban Three years have passed swiftly for three of TM’s adopted schools, namely SMK Pakan, SR Agama Repah and SK Teriang as the PINTAR programme came to an end for these schools. Two separate graduation ceremony were organised – one at RH Hotel, Sibu for SMK Pakan on 5 May 2012 and another one was a combined event for the other two schools at Allson Klana Resort, Seremban on 20 October 2012. Safety & Motivation for TM’s PINTAR Schools In promoting safety amongst children, TM has taken a proactive step to inculcate awareness on safety for the school children of its adopted schools under the PINTAR programme. Program Keselamatan & Motivasi Sekolah PINTAR TM 2012 was conducted at two TM PINTAR Schools, namely SMK Chenderiang, Temoh, Perak on 15 September 2012 and SK Tembak, Kuala Ketil, Kedah on 6 October 2012. With the attendance of more than 300 students and parents for each location, TM brought in three different personalities to share their experience and knowledge with those in attendance. ORDINARY MEMBER The programmes organised by UEM Land are based on PINTAR’s key tenets which include the Academic Excellence Programme, Library Enhancement Programme, Health Talk, National Day Campaign, English Programme, Green School project, Road Safety Programme and Motivational Camp. In 2012, UEM Land continued with its programmes to help students achieve better academic results as well as developing them in a holistic manner. PINTAR Academic Excellence Programmes To achieve its goal of helping students to achieve better academic results, DIDIK workshops/seminars in collaboration with Berita Harian were organised for UPSR, PMR and SPM students of its PINTAR schools. UEM Land also organised a motivational camp for its Secondary 2 and Secondary 4 PINTAR students to help them identify and unleash their potential, to motivate them to stay focused and most importantly to help them realise the importance of education for their future. Other programmes included the NiE workshop in collaboration with The Star, where students learnt new approaches to learning English in class. Besides training students, the English programme is made sustainable through the English Teachers’ Training with the assistance of British Council. To date, the programme which was successfully kicked off in 2010 has benefited more than 50 teachers from UEM Land’s 17 PINTAR Schools around Gelang Patah district. UEM Land’s programmes have yielded positive outcomes as the academic achievements of the schools have improved year on year. Due recognition is given to students through the PINTAR High Achievers Award for top performing students in UPSR, PMR and SPM. Advocating Responsibility Programmes Through UEM Land’s Road Safety Programme, these young children learned skills and practical safety prevention measures to enable them to identify traffic hazards and help them to be more conscious about road safety. In 2012 as well, a new programme on Hygiene was introduced to 150 students, addressing several basic hygiene skills and practices. School Library Enhancement Programme In this programme, one PINTAR school will be selected every year to receive UEM Land’s financial support and assistance in acquiring reading materials and upgrading library facilities for students’ utilisation. In 2012, SK Nusantara, which has more than 800 school-age going children from the surrounding areas with limited library facilities was selected to be the pilot school for this project. UEM Land sponsored and contributed reading materials consisting of mostly children’s Malay and English story books, and library equipment such as book trolleys, chairs, carpet, wallpaper and refurbishment works worth more than RM40,000. 45 PINTAR ANNUAL REPORT 2012 UEM Land Holdings Berhad (UEM Land) has been actively involved in the PINTAR Programme since 2007 and became a member of the PINTAR Foundation in 2010. To date, UEM Land has adopted 17 schools in Gelang Patah, Johor. Programme Partners’ Activities Majlis Penyerahan Arena Gemilang CCM PINTAR 6 November 2012 SK Juru, Simpang Ampat, Seberang Prai Selatan, Penang Hari Anugerah Cemerlang SK Ewa 1 July 2012 Kompleks Kraftangan Langkawi, Kedah Briefing Workshop, English Literacy Programme sponsored by UEM Group Berhad 26 April 2012 Plaza Hotel, Kuala Lumpur Disney on Ice School Excellence Award 10 March 2012 Penang International Sports Arena (PISA), Penang 2 May 2012 SMK Batu Laut, Selangor PINTAR ANNUAL REPORT 2012 46 Motivational Programme for Year 6 Students 16 and 17 April 2012 Westports Malaysia Sdn Bhd, Selangor MH PINTAR Day 26 April 2012 SJK(C) Pei Cheng, Perak Penyerahan Bantuan Kepada Pelajar Miskin Sekolah Kebangsaan Seberang Ketil 30 October 2012 SK Seberang Ketil, Kedah Making A Difference Ahmad Fuad Bin Zakaria Guru Besar, SK Kuala Berang, Terengganu I have participated in PBBC and PMLU before. It’s really a lot of fun! I would like to join it again. My teacher always encourages me to study hard to fulfil my ambition of becoming a Bahasa Melayu teacher so that I can help my family one day. Yap Lee Fung Student-10 years old, SK(A) Bukit Cheding, Selangor One significant change I see in students is that they are no longer afraid to ask the teacher questions during class. This increases their interest to learn. I found that students will be more focused every time they are praised for an achievement. For me, the constant engagement with my students has translated into better exam results and extra-curricular success. I like PMLU so much. It is easy to understand through practical, hands-on activity with my friends. Thank you PINTAR! Fatihah Husna Zainuddin 12 Years Old, SK Pasir Panjang Kausalya A/P Rajagopal Guru Pendidikan Jasmani, SK Olak Lempit 47 PINTAR ANNUAL REPORT 2012 The PINTAR Programme made a large impact on our school, as can be seen from the excellent academic and co-curricular performance year after year. This has helped us gain the respect of other schools in Hulu Terengganu. The programme has also improved the confidence level among teachers in handling various programmes in school. The support from PINTAR especially, TNB, enabled our school to plan many activities to improve our performance, subsequently achieving recognition as Cluster School Excellent Phase 7. The support has also helped this school to maintain its excellent UPSR results. I hope to keep up with the progress made. PINTAR ANNUAL REPORT 2012 48 The help given by UMW has been beneficial to the school especially in terms of academic performance among pupils. Through the programmes implemented, the school’s academic performance has improved from year to year. Another significant change is in students’ behaviour where they are no longer shy to face people outside their community. The greatest achievement is when our school became the Champion in the PINTAR BattleBot Competition 2012 at the national level. Other schools now recognise us because of this achievement. Pardi Bin Surip Guru Besar, SK(A) Bukit Cheding, Selangor The PINTAR programmes have helped us to buy extra English exercise books for our students. Also, through the PINTAR programme, we were able to conduct motivation programmes for our students and parents. I see that PINTAR brings positive impact to our students. Students have gained more knowledge as they are exposed to more educational activities. Awesome PINTAR! Murugeswary A/P Balakasnan English Teacher, SK Sungai Selisek, Selangor PINTAR Go Green is a great programme! From the activities I learnt how to keep clean and how to contribute to keeping our earth green. I can also implement some of the activites at home. I wish I can be a gynaecologist one day because I really love babies and would like to care for all women in the world! Rittika A/P Kunasegaran Student-11 years old, SJK(T) Ladang Sungai Choh, Selangor This programme has made a very positive impact on the students through the various activities implemented. Students have a chance to be involved in a variety of activities that were held outside the school. The students are able to experience many things up to the national level. I myself learnt and benefited from the UPSR seminar held in our school. Noor Fadzilah Binti Ali English Teacher, SK Kuala Berang, Terengganu Financial Statements Trustees’ Report 50 Statement By Trustees 50 Statutory Declaration 50 Independent Auditors’ Report 52 Statement Of Comprehensive Income 53 Balance Sheet 54 Statement Of Changes In Equity 55 Cash Flow Statement 56 57 - 65 49 PINTAR ANNUAL REPORT 2012 Notes To The Financial Statements Trustees’ report The Trustees hereby present their report together with the audited financial statements of the PINTAR Foundation (“Company”) for the financial year ended 31 December 2012. Principal activities The Company is a company limited by guarantee, incorporated and domiciled in Malaysia. The principal activities of the Company are to enhance the education, development of human capital in nation building which will benefit the Malaysian society and community at large. There have been no significant changes in the nature of the principal activities during the financial year. Results Net surplus for the year RM 550,783 PINTAR ANNUAL REPORT 2012 50 There were no material transfers to or from reserves or provisions during the financial year. In the opinion of the Trustees, the results of the operations of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature. Trustees The name of the Trustees of the Company in office since the date of the last report and at the date of this report are: Tan Sri Dato’ Seri Arshad Ayub Tan Sri Dato’ Dr. Wan Mohd Zahid Mohd Noordin Tan Sri Dr. Mohd Munir bin Abdul Majid Datuk Yap Kain Ching @ Mary Yap Ken Jin Dato’ Jayachandran A/L Ramachandran Sabri Ab Rahman Shareen Shariza binti Dato’ Abdul Ghani Shahnaz Al-Sadat binti Abdul Mohsein Datuk Dr. Denison Jayasooria(Resigned on 4 April 2013) Trustees’ benefits Neither at the end of the financial year, nor at any time during that year, did there subsist any arrangement to which the Company was a party, whereby the Trustees might acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate. Since the end of the previous financial year, no Trustee has received or become entitled to receive a benefit by reason of a contract made by the Company or a related corporation with any Trustee or with a firm of which he is a member, or with a company in which he has a substantial financial interest. Trustees’ interests None of the Trustees in office since at the end of the financial year had any interest in the Company or its related corporations during the financial year. Other statutory information (a) Before the statement of comprehensive income and balance sheet of the Company were made out, the Trustees took reasonable steps: (i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of provision for doubtful debts and satisfied themselves that there were no known bad debts and that no provision for doubtful debts was necessary; and (ii) to ensure that any current assets which were unlikely to realise their value as shown in the accounting records in the ordinary course of business had been written down to an amount which they might be expected so to realise. (b) At the date of this report, the Trustees are not aware of any circumstances not otherwise dealt with in this report or the financial statements of the Company which would render: (i) it necessary to write off any bad debts or to make any provision for doubtful debts in respect of the financial statements of the Company; and (ii) the values attributed to current assets in the financial statements of the Company misleading. (c) At the date of this report, the Trustees are not aware of any circumstances which have arisen which would render adherence to the existing method of valuation of assets or liabilities of the Company misleading or inappropriate. Shahnaz Al-Sadat binti Abdul Mohsein Sabri Ab Rahman Kuala Lumpur, Malaysia Statement by the Trustees Pursuant to Section 169(15) of the Companies Act, 1965 “We, Shahnaz Al-Sadat binti Abdul Mohsein and Sabri Ab Rahman, being the two Trustees of PINTAR Foundation, do hereby state that, in our opinion, the accompanying financial statements set out on pages 53 to 65 are drawn up in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act, 1965 in Malaysia so as to give a true and fair view of the financial position of the Company as at 31 December 2012 and of the financial performance and cash flows of the Company for the year then ended. Signed on behalf of the Board in accordance with a resolution of the Trustees dated 27 May 2013. Shahnaz Al-Sadat binti Abdul Mohsein Sabri Ab Rahman Kuala Lumpur, Malaysia Statutory declaration Pursuant to Section 169(16) of the Companies Act, 1965 I, Tan Kay Hoon @ Karimah Tan binti Abdullah, being the Officer primarily responsible for the financial management of PINTAR Foundation, do solemnly and sincerely declare that the accompanying financial statements set out on pages 53 to 65 are in my opinion correct, and I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions of the Statutory Declarations Act, 1960. Subscribed and solemnly declared by the above named Tan Kay Hoon @ Karimah Tan binti Abdullah at Kuala Lumpur in the Federal Territory on 27 May 2013 Tan Kay Hoon @ Karimah Tan binti Abdullah Before me, 51 PINTAR ANNUAL REPORT 2012 Other statutory information (cont’d.) (d) At the date of this report, the Trustees are not aware of any circumstances not otherwise dealt with in this report or the financial statements of the Company which would render any amount stated in the financial statements misleading. (e) As at the date of this report, there does not exist: (i) any charge on the assets of the Company which has arisen since the end of the financial year which secures the liabilities of any other person; or (ii) any contingent liability in respect of the Company which has arisen since the end of the financial year. (f) In the opinion of the Trustees: (i) no contingent liability or other liability has become enforceable or is likely to become enforceable within the period of twelve months after the end of the financial year which will or may affect the ability of the Company to meet its obligations as and when they fall due; and (ii) no item, transaction or event of a material and unusual nature has arisen in the interval between the end of the financial year and the date of this report which is likely to affect substantially the results of the Company for the financial year in which this report is made. Auditors The auditors, Ernst & Young, have expressed their willingness to continue in office. Signed on behalf of the Board in accordance with a resolution of the Trustees dated 27 May 2013. INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF PINTAR Foundation (Incorporated in Malaysia) Report on the financial statements We have audited the financial statements of PINTAR Foundation, which comprise the balance sheet as at 31 December 2012, and the statement of comprehensive income, statement of changes in equity and cash flow statement for the year then ended, and a summary of significant accounting policies and other explanatory notes, as set out on pages 53 to 65. Trustees’ responsibility for the financial statements The Trustees of the Company are responsible for the preparation of financial statements that give a true and fair view in accordance with the Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act, 1965 in Malaysia. The Trustees are also responsible for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Opinion In our opinion, the financial statements give a true and fair view of the financial position of the Company as at 31 December 2012 and of its financial performance and cash flows for the year then ended in accordance with the Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act, 1965 in Malaysia. Report on other legal and regulatory requirements In accordance with the requirements of the Companies Act, 1965 (“the Act”) in Malaysia, we also report that in our opinion, the accounting and other records and the registers required by the Act to be kept by the Company have been properly kept in accordance with the provisions of the Act. Other matters This report is made solely to the member of the Company, as a body, in accordance with Section 174 of the Companies Act, 1965 in Malaysia and for no other purpose. We do not assume responsibility to any other person for the content of this report. Auditors’ responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with approved standards on auditing in Malaysia. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement. PINTAR ANNUAL REPORT 2012 52 An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on our judgment, including the assessment of risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the Company’s preparation of financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of accounting estimates made by the Trustees, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Ernst & Young Wan Daneena Liza binti Wan Abdul Rahman AF: 0039 No. 2978/03/14(J) Chartered Accountants Chartered Accountant Kuala Lumpur, Malaysia 27 May 2013 STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 December 2012 Note 2012 2011 53 PINTAR ANNUAL REPORT 2012 RM RM (Restated) INCOME Government grant 11 3,875,191 3,375,269 Other income 3 1,285,511 796,256 5,160,702 4,171,525 EXPENDITURE Staff costs 4 1,796,682 1,544,849 Programme related expenses 1,652,875 981,170 Rental of equipment 7,243 51,835 Rental of motor vehicle 800 45,662 Rental of office 132,386 114,811 Auditors remuneration - audit fees - current year 10,000 5,000 - underprovision in prior year 5,000 - other services 5,000 Tax agent fees 5,000 5,000 Professional fees 63,882 110,319 Advertisement 46,815 2,226 Travelling expenses 328,864 277,120 Depreciation of property and equipment 6 196,511 113,160 Annual report 128,585 59,800 Communication expenses 59,722 44,275 Printing and stationery 33,829 23,326 Other expenses 136,704 214,698 4,609,898 3,593,251 Surplus before taxation 550,804 578,274 Taxation 5 21 - Net surplus for the year, representing total comprehensive income for the year 550,783 578,274 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. BALANCE SHEET As at 31 December 2012 Note 2012 2011 1.1.2011 RM RM RM (Restated) (Restated) Non-current asset Property and equipment 6 234,545 396,069 65,769 Current assets Other receivables 7 289,484 514,088 542,029 Cash and bank balances 8 11,125,038 14,052,311 16,913,264 11,414,522 14,566,399 17,455,293 Current liability Other payables 9 368,973 367,966 179,565 PINTAR ANNUAL REPORT 2012 54 Net current assets 11,045,549 14,198,433 17,275,728 11,280,094 14,594,502 17,341,497 Represented by: Contribution from members 10 260,020 250,020 200,020 Retained surplus 2,070,319 1,519,536 941,262 2,330,339 1,769,556 1,141,282 Non-current liability Government grant 11 8,949,755 12,824,946 16,200,215 11,280,094 14,594,502 17,341,497 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. STATEMENT OF CHANGES IN EQUITY For the year ended 31 December 2012 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. 55 PINTAR ANNUAL REPORT 2012 Contribution Retained from members surplus Total RM RM RM At 1 January 2011 (as previously stated) 207,520 933,762 1,141,282 Prior year adjustments (Note 15) (7,500) 7,500 - At 1 January 2011 (restated) 200,020 941,262 1,141,282 Contribution received 50,000 - 50,000 Total comprehensive income for the year - 578,274 578,274 At 31 December 2011 (restated) 250,020 1,519,536 1,769,556 At 1 January 2012 (as previously stated) 257,520 1,630,018 1,887,538 Prior year adjustments (Note 15) - (110,482) (110,482) At 1 January 2012 (restated) 250,020 1,519,536 1,769,556 Contribution received 10,000 - 10,000 Total comprehensive income for the year - 550,783 550,783 At 31 December 2012 260,020 2,070,319 2,330,339 CASH FLOW STATEMENT For the year ended 31 December 2012 PINTAR ANNUAL REPORT 2012 56 2012 2011 RM RM (Restated) Cash flows from operating activities Surplus before taxation 550,804 578,274 Adjustments for: Depreciation 196,511 113,160 Interest income (364,673) (435,500) Amortisation of Government grant (3,875,191) (3,375,269) Operating deficit before working capital changes (3,492,549) (3,119,335) Decrease/(increase) in receivables 57,503 (1,455) Increase in payables 1,007 188,401 Interest received 531,774 464,896 Tax paid (21) - Net cash used in operating activities (2,902,286) (2,467,493) Cash flows from investing activity Purchase of property and equipment, representing net cash used in investing activity (34,987) (443,460) Cash flows from financing activity Contribution from members, representing net cash generated from financing activity 10,000 50,000 Net decrease in cash and cash equivalents (2,927,273) (2,860,953) Cash and cash equivalents at beginning of year 14,052,311 16,913,264 Cash and cash equivalents at end of year 11,125,038 14,052,311 Cash and cash equivalents comprise: Cash on hand and at bank 425,038 4,154 Deposits with licensed financial institutions 10,700,000 14,048,157 11,125,038 14,052,311 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. 1. Corporate information The principal activities of the Company are to enhance the education, development of human capital in nation building which will benefit the Malaysian society and community at large. There have been no significant changes in the nature of the principal activities during the financial year. The Company is a company limited by guarantee, incorporated and domiciled in Malaysia. The registered office of the Company is located at Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur. The financial statements were authorised for issue by the Board of Trustees in accordance with a resolution of the Trustees on 27 May 2013. 2. Significant accounting policies 2.1 Basis of preparation The financial statements of the Company have been prepared in accordance with the provisions of the Companies Act, 1965 and with the Malaysian Financial Reporting Standards (“MFRSs”), which is in compliance with the International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”). These are the Company’s first set of financial statements prepared in accordance with MFRSs and MFRS 1, First Time Adoption of Malaysian Financial Reporting Standards has been applied. In previous period, the financial statements of the Company were prepared in accordance with the Financial Reporting Standards (“FRSs”). The financial impact on the transition to MFRSs are disclosed in Note 2.2. The financial statements have been prepared on a historical cost basis. The financial statements are presented in Ringgit Malaysia (“RM”), which is also the Company’s functional currency. 2.2 Changes in accounting policies The new and revised MFRSs, which are mandatory for companies with financial period beginning on or after 1 January 2012, did not give rise to any significant effects on the financial statements of the Company. 2.3 Standards issued but not yet effective The Trustees expect that the new MFRSs which are issued but not yet effective for the financial year ended 31 December 2012 will not have a material impact on the financial statements of the Company in the period of initial application. 2.4 Significant accounting estimates and judgments The preparation of financial statements in accordance with MFRSs requires the use of certain accounting estimates and exercise of judgments. Estimates and judgments are continuously evaluated and are based on past experience, reasonable expectations of future events and other factors. The Trustees are of the opinion that there are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year. 2.5 Summary of significant accounting policies (a) Property and equipment All items of property and equipment are initially recorded at cost. The cost of an item of property and equipment is recognised as an asset if, and only if, it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. Subsequent to recognition, property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses. Repair and maintenance costs are recognised in profit or loss as incurred. Depreciation of other property and equipment is computed on a straight-line over the estimated useful lives of the assets as follows: Computer software 3 years Website development 3 years Renovation tenancy period Furniture and Fittings tenancy period Office equipment 3 years Computer equipment 3 years Motor vehicle 5 years The carrying values of property and equipment are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable. The residual values, useful life and depreciation method are reviewed at each financial year-end, and adjusted prospectively, if appropriate. An item of property and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on derecognition of the asset is included in the profit or loss in the year the asset is derecognised. 57 PINTAR ANNUAL REPORT 2012 NOTES TO THE FINANCIAL STATEMENTS 31 December 2012 2. Significant accounting policies (cont’d.) 2.5 Summary of significant accounting policies (cont’d) (b) Government grant Government grant is recognised initially at their fair value in the balance sheet as deferred income where there is reasonable assurance that the grant will be received and all attaching conditions will be complied with. Grant that compensate the Company for expenses incurred are recognised as income over the periods necessary to match the grant on a systematic basis to the costs that it is intended to compensate. Grant that compensate the Company for the cost of an asset are recognised as income on a systematic basis over the useful life of the asset. (c) Income tax (i) Current tax Current tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted by the reporting date. Current taxes are recognised in profit or loss except to the extent that the tax relates to items recognised outside profit or loss, either in other comprehensive income or directly in equity. (d) Impairment of non-financial assets The Company assesses at each reporting date whether there is an indication that an asset may be impaired. If any such indication exists, or when an annual impairment assessment for an asset is required, the Company makes an estimate of the asset’s recoverable amount. PINTAR ANNUAL REPORT 2012 58 An asset’s recoverable amount is the higher of an asset’s fair value less costs to sell and its value in use. For the purpose of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash- generating units (“CGU”)). In assessing value in use, the estimated future cash flows expected to be generated by the asset are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. Where the carrying amount of an asset exceeds its recoverable amount, the asset is written down to its recoverable amount. Impairment losses recognised in respect of a CGU or groups of CGUs are allocated first to reduce the carrying amount of the other assets in the unit or groups of units on a pro-rata basis. Impairment losses are recognised in profit or loss in the period in which it arises. An assessment is made at each reporting date as to whether there is any indication that previously recognised impairment losses may no longer exist or may have decreased. A previously recognised impairment loss is reversed only if there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognised. If that is the case, the carrying amount of the asset is increased to its recoverable amount. That increase cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised previously. Such reversal is recognised in profit or loss. (e) Financial assets Financial assets are recognised in the balance sheet when, and only when, the Company becomes a party to the contractual provisions of the financial instrument. When financial assets are recognised initially, they are measured at fair value, plus directly attributable transaction costs. The Company determines the classification of its financial assets at initial recognition. A financial asset is derecognised where the contractual right to receive cash flows from the asset has expired. On derecognition of a financial asset in its entirety, the difference between the carrying amount and the sum of the consideration received and any cumulative gain or loss that had been recognised in other comprehensive income is recognised in profit or loss. (i) Loans and receivables Financial assets with fixed or determinable payments that are not quoted in an active market are classified as loans and receivables. Subsequent to initial recognition, loans and receivables are measured at amortised cost using the effective interest method. Gains and losses are recognised in profit or loss when the loans and receivables are derecognised or impaired, and through the amortisation process. (f) Impairment of financial assets (i) Receivables To determine whether there is objective evidence that an impairment loss on financial assets has been incurred, the Company considers factors such as the probability of insolvency or significant financial difficulties of the debtor and default or significant delay in payments. If any such evidence exists, the amount of impairment loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows discounted at the financial asset’s original effective interest rate. The impairment loss is recognised in profit or loss. The carrying amount of the financial asset is reduced by the impairment loss directly for all financial assets. 2.5 Summary of significant accounting policies (cont’d) If in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognised, the previously recognised impairment loss is reversed to the extent that the carrying amount of the asset does not exceed its amortised cost at the reversal date. The amount of reversal is recognised in profit or loss. (g) Financial liabilities Financial liabilities are classified according to the substance of the contractual arrangements entered into and the definitions of a financial liability. Financial liabilities, within the scope of MFRS 139 Financial Instruments: Recognition and Measurement, are recognised in the statement of financial position when, and only when, the Company becomes a party to the contractual provisions of the financial instrument. Financial liabilities are recognised initially at fair value less directly attributable transaction costs and subsequently measured at amortised cost using the effective interest method. Gains and losses are recognised in profit or loss when the liabilities are derecognised, and through the amortisation process. A financial liability is derecognised when the obligation under the liability is extinguished. The Company’s financial liabilities include other payables. (h) Equity instruments Contribution from members are classified as equity. (i) Cash and cash equivalents For the purposes of the cash flow statement, cash and cash equivalents include cash on hand, cash at bank and deposits with licensed financial institutions which have an insignificant risk of changes in value. (j) Employee benefits (i) Short term benefits Wages, salaries, bonuses and social security contributions are recognised as an expense in the year in which the associated services are rendered by employees. Short term accumulating compensated absences such as paid annual leave are recognised when services are rendered by employees that increase their entitlement to future compensated absences. Short term non-accumulating compensated absences such as sick leave are recognised when the absences occur. (ii) Defined contribution plan The Company participates in the national pension schemes as defined by the laws of the countries in which it has operations. The Company makes contributions to the Employees Provident Fund in Malaysia, a defined contribution pension scheme. Contributions to defined contribution pension scheme are recognised as an expense in the period in which the related service is performed. (k) Income recognition Income is recognised to the extent that it is probable that the economic benefits associated with the transaction will flow to the Company and the amount of the income can be reliably measured. The specific income stream is as follows: (i) Interest income Interest income is recognised on accrual basis using the effective interest method. (ii) Proceeds from fund raising events Proceeds from fund raising events are recognised to the extent that it is probable that the economic benefits associated with the transaction will flow to the Company and the amount of the income can be measured reliably. (iii) Dividend income Dividend income is establish when the Company’s right to receive payment is established. (iv) Sale of goods Income from sales of goods is recognised upon the transfer of significant risk and rewards of ownership of the goods to the customer. Revenue is not recognised to the extent where there are significant uncertainties regarding recovery of the consideration due, associated costs or the possible return of goods. (v) Rendering of service Revenue from services is recognised upon services rendered. (l) Key management personnel Key management personnel is defined to include Board of Trustees and Programme Director. 59 PINTAR ANNUAL REPORT 2012 2. Significant accounting policies (cont’d.) PINTAR ANNUAL REPORT 2012 60 3. Other income 2012 2011 Note RM RM Consultancy services 850,000 120,000 Interest income 364,673 435,500 Proceeds from fund raising events 47,957 208,667 Administration fees charged (i) 22,800 2,250 Sales of books 70 29,742 Dividend income 11 97 1,285,511 796,256 (i) Relates to fees charged to Yayasan Sejahtera, a Company related to certain Trustees of the Company. 4. Staff costs 2012 2011 RM RM (Restated) Wages and salaries 1,340,909 1,214,395 Statutory Contribution to Employees Provident Fund and social security 261,332 221,152 Others 194,441 109,302 1,796,682 1,544,849 Included in the staff costs is remuneration for Programme Director amounting to RM335,366 (2011: RM147,176). 5. Taxation 2012 2011 RM RM Tax expense for the year 2 - Underprovision in prior year 19 - 21 - The Company has been granted a tax exemption status under Section 127(3A) of the Income Tax Act, 1967 (“ITA”) on all statutory income except for dividend income, for a period of 5 years up to year of assessment 2014. Accordingly, the dividend income received by the Company is subject to tax at the statutory tax rate of 25% (2011: 25%). A reconciliation of income tax expense applicable to surplus before taxation at the statutory income tax rate to income tax expense at the effective income tax rate of the Company is as follows: 2012 2011 RM RM (Restated) Surplus before taxation 550,804 578,274 Taxation at statutory tax rate of 25% (2011: 25%) 137,701 144,569 Income not subject to tax (1,290,173) (1,042,882) Expenses not deductible for tax purposes 1,152,474 898,313 Underprovision in prior year 19 - 21 - 6. Property and equipment Computer Website Computer Office Furniture Motor software development equipment equipment and fittings Renovation vehicle Total RM RM RM RM RM RM RM RM At 31 December 2012 Cost At 1 January 22,604 86,000 45,717 51,182 4,147 314,865 - 524,515 Additions 3,699 - - - - - 31,288 34,987 At 31 December 26,303 86,000 45,717 51,182 4,147 314,865 31,288 559,502 Accumulated depreciation At 1 January 8,866 39,889 8,889 9,057 803 60,942 - 128,446 Depreciation charge for the year 5,104 28,663 15,236 18,806 1,605 121,883 5,214 196,511 At 31 December 13,970 68,552 24,125 27,863 2,408 182,825 5,214 324,957 Net carrying amount At 31 December 12,333 17,448 21,592 23,319 1,739 132,041 26,074 234,545 61 PINTAR ANNUAL REPORT 2012 At 31 December 2011 Cost At 1 January 9,055 72,000 - - - - - 81,055 Additions 13,549 14,000 45,717 51,182 4,147 314,865 - 443,460 At 31 December 22,604 86,000 45,717 51,182 4,147 314,865 - 524,515 Accumulated depreciation At 1 January 3,286 12,000 - - - - - 15,286 Depreciation charge for the year 5,580 27,889 8,889 9,057 803 60,942 - 113,160 At 31 December 8,866 39,889 8,889 9,057 803 60,942 - 128,446 Net carrying amount At 31 December 13,738 46,111 36,828 42,125 3,344 253,924 - 396,069 7. Other receivables 2012 2011 RM RM Interest receivable 153,937 321,038 Deposits 49,005 49,005 Prepayments 30,369 24,707 Amount due from Yayasan Sejahtera (i) 27,396 41,920 Amount due from a member (i) 20 20 Sundry receivables 28,757 77,398 289,484 514,088 (i) The amount due from a member and Yayasan Sejahtera are unsecured, interest free and are repayable on demand. Other receivables are non-interest bearing and neither past due nor impaired. 8. Cash and bank balances 2012 2011 RM RM Cash on hand and at bank 425,038 4,154 Deposits with licensed financial institutions 10,700,000 14,048,157 11,125,038 14,052,311 PINTAR ANNUAL REPORT 2012 62 The weighted average effective interest (“WAEIR”) per annum and the average maturity of deposits at the reporting date were as follows: WAEIR Average per annum maturity 2012 2011 2012 2011 % % Days Days Fixed rate deposits 3.10 3.14 71 237 12. Financial risk management objectives and policies The Company’s financial risk management policy seeks to ensure that adequate financial resources are available for the achievement of the Company’s objectives and principle activities whilst managing its liquidity risk and credit risk. The definition of the risks are as follows: (a) Liquidity risk Liquidity risk is the risk that funds will not be available to meet liabilities as and when they fall due. The Company actively manages these risks by maintaining good governance over the cash management of the government grants and operates within clearly defined guidelines that are approved by the Trustees. The table below summarises the maturity profile of the Company’s liabilities at the reporting date based on contractual undiscounted repayment obligations. 63 PINTAR ANNUAL REPORT 2012 9. Other payables 2012 2011 1.1.2011 RM RM RM (Restated) Provision for bonus 209,971 183,415 148,896 Accruals 159,002 184,551 30,669 368,973 367,966 179,565 Other payables are non-interest bearing and normally settled within 30 days (2011:30 days). 10. Contribution from members 2012 2011 1.1.2011 RM RM RM (Restated) At 1 January 250,020 200,020 55,020 Received during the year 10,000 50,000 145,000 At 31 December 260,020 250,020 200,020 The member of the Company undertake to contribute, not exceeding RM100, to the assets of the Company in the event of the Company being wound up. 11. Government grant 2012 2011 RM RM At 1 January 12,824,946 16,200,215 Amortised to profit or loss (3,875,191) (3,375,269) At 31 December 8,949,755 12,824,946 12. Financial risk management objectives and policies (cont’d.) PINTAR ANNUAL REPORT 2012 64 (a) Liquidity risk (cont’d.) Within one year 2012 2011 RM RM Other payables 368,973 367,966 (b) Credit risk Credit risk is the risk of loss that may arise on outstanding financial instruments should a counterparty default on its obligations. The Company’s exposure to credit risk arises from other receivables and cash and bank balances. Other receivables are due from creditworthy debtors with good payment records with the Company. The cash and bank balances of the Company are placed with reputable financial institutions or companies with high credit ratings and no history of default. At the reporting date, the Company’s maximum exposure to credit risk is represented by the carrying amount of the other receivables and cash and bank balances. 13. Capital management The Company manages its capital by following the Company’s policies and guidelines and also seeks approval from the Trustees with regard to all capital management matters. Presently, the Company’s activities are funded via government grant and contribution from members. 14. Fair values The fair values of all financial assets and liability approximate the carrying amounts due to their relative short term maturities. 15. Prior year adjustments (i) Consultancy fee income In prior year, the Company had under recognised the consultancy fee income from Teluk Datai Resorts Sdn. Bhd. amounting to RM100,000. Accordingly, a prior year adjustment has been made to recognise the correct consultancy fee income amount. (ii) Programme related expenses In prior year, the Company had wrongly recognised the programme related expenses relating to consultancy services rendered to Teluk Datai Resorts Sdn. Bhd. amounting to RM34,567 as other payables instead of expenses. Accordingly, a prior year adjustment has been made to recognise the correct programme related expenses amount. (iii) Provision for bonus In prior year, the Company had under recognised the provision for bonus amounting to RM183,415. Accordingly, a prior year adjustment has been made to recognise the correct provision for bonus. 15. Prior year adjustments (cont’d.) (iv) Contribution from members In prior years, the Company had wrongly recognised donations amounting to RM7,500 as contribution from members. Accordingly, a prior year adjustment has been made to recognise the correct donation amount. The effects of the adjustments are as follows: As previously As stated Adjustments restated RM RM RM Balance sheet 31 December 2011 Other payables 249,984 117,982 367,966 Retained surplus 1,630,018 (110,482) 1,519,536 As previously As stated Adjustments restated RM RM RM Balance sheet 1 January 2011 Contribution from members 207,520 (7,500) 200,020 Retained surplus 933,762 7,500 941,262 Net surplus for the year, representing total comprehensive income for the year 696,256 (117,982) 578,274 65 PINTAR ANNUAL REPORT 2012 As previously As stated Adjustments restated RM RM RM Statement of comprehensive income For the financial year ended 31 December 2011 Other income 696,256 100,000 796,256 Staff costs 1,361,434 183,415 1,544,849 Programme related expenses 946,603 34,567 981,170 Surplus before taxation 696,256 (117,982) 578,274 Never stop learning, never stop growing and always keep reaching for the stars no matter how far they seem, because there is no limit to what you can achieve. - Tan Sri Dato’ Seri Arshad Ayub Chairman, Board of Trustees, PINTAR Foundation PINTAR ANNUAL REPORT 2012 66 PINTAR Foundaon (827909-U) A-16-8, Menara UOA Bangsar, No. 5, Jalan Bangsar Utama 1, 59000, Kuala Lumpur TEL +603 2268 0000 FAX +603 2268 0050 URL www.mypintar.com.my
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