Financial Performance

This study aimed to examine the effect of economic performance, environmental performance and social performance are the three focus disclosures in the Global Reporting Initiative on financial performance. As for sales as a proxy for financial performance. Samples were obtained by using purposive sampling. This study used secondary data obtained through the financial statements and annual reports of non-financial companies listed on the Stock Exchange. The study states that the economic performance and significant positive effect on financial performance, environmental performance and no significant negative impact on financial performance, while social performance and significant negative impact on financial performance. The test results simultaneously provide results that there is a significant effect for all the independent variables on the dependent variable.

The objective of this study is to get empirical evidence relationship of corporate social performance dan corporate financial performance from manufacture firm using company size and financial leverage as moderating variable. Corporate social performance (CSP) measured using seven item developed initially by Michael Jantzi Research Associate. Inc used by Fauzi (2007). Corporate financial performance (CFP) proxied with ROA and ROE. For company size and financial leverage measured by logaritm of total assets and summarizing of det to equity (DER).

koefisien regresi environmental disclosure adalah sebesar 0,138. Variabel financial performance perusahaan pertambangan umum dan pemegang HPH/HPHTI yang terdaftar di BEI periode 2011-2014 dipengaruhi oleh perilaku variabel environmental disclosure tahun sebelumnya (2010-2013). Hasil penelitian ini semakin menguatkan bahwa pengungkapan aspek lingkungan telah menjadi suatu hal yang sensitif dan dapat memberikan pengaruh terhadap pencapaian financial performance suatu perusahaan. Signaling theory menekankan bahwa perusahaan akan cenderung menyajikan informasi yang lebih lengkap untuk memperoleh reputasi yang lebih baik dibandingkan perusahaan-perusahaan yang tidak mengungkapkan, yang pada akhirnya akan menarik investor (Wardani & Januarti, 2013).

Perusahaan tidak dapat terlepas dari campur tangan stakeholders dalam menjalankan operasinya untuk mencapai laba yang maksimal. Menurut Clarkson (1994), stakeholders merupakan pihak-pihak yang mempengaruhi atau akan dipengaruhi oleh keputusan dan strategi perusahaan. Perkembangan posisi keuangan memiliki arti yang sangat penting, karena dapat menunjukkan tingkat kesehatan sebuah perusahaan. Diperlukan sebuah alat analisis terhadap laporan keuangan yang menunjukkan kinerja keuangan perusahaan ( financial performance ), salah satunya yang paling banyak dan sering digunakan dalam penelitian adalah analisis rasio keuangan. Menurut Al-Tuwaijri, et al (2003), pengukuran kinerja keuangan ( financial performance ) perusahaan dapat dilihat dari dua macam ukuran, yaitu market-based measure dan accounting-based measure. Ada banyak sekali macam-macam rasio keuangan, namun dalam

Operating expenses increased 16% from a year ago to $584 million from higher staff and computerisation costs. Staff costs grew 24% from a year ago. As with recent quarters, the increase was attributable to a higher salary base due to a tight labour market and to higher bonus accruals in line with the Group’s better financial performance.

This paper examine about the effect of four sub-dimensions of corporate entrepreneurship (CE) on firms’ financial performance in Indonesia. The four sub-dimensions are innovativeness, risk-taking, pro-activeness, and competitive aggressiveness. This study will use primary data by the way spread some questioner in the company. To test the financial performance effects of CE, the scale for the dimensions of CE and financial performance have been adopted from the existing literature. A series of reliability and validity tests are conducted for the measurement of the scales. Validity and reliability test and multiple regression analysis have been conducted to test the hypotheses. The results of this research will provide guidelines to help investors, managers, and also academicians to comprehend the importance of CE well on the way to create financially successful firm performance and sustain it in markets.

DBS Group Holdings Ltd (“DBSH”) prepares its consolidated DBSH Group (“Group”) financial statements in accordance with Singapore Financial Reporting Standard (“FRS”), as modified by the requirements of Notice to Banks No. 612 “Credit Files, Grading and Provisioning” issued by the Monetary Authority of Singapore. The accounting policies and methods of computation applied for the current financial periods are consistent with those applied for the financial year ended 31 December 2005, with the exception of the adoption of revised FRS and FRS interpretation which did not result in substantial changes to the accounting policies.

FRS 107 introduces new disclosure requirements regarding financial instruments. It requires the disclosure of qualitative and quantitative information about exposure to risks arising from financial instruments, including minimum disclosures about credit risk, liquidity risk and market risk. The disclosure requirements currently in FRS 32: Financial Instruments: Disclosure and Presentation have been relocated to FRS 107. The adoption of FRS 107 creates additional disclosure requirements for the Group’s financial statements.

FRS 107 introduces new disclosure requirements regarding financial instruments. It requires the disclosure of qualitative and quantitative information about exposure to risks arising from financial instruments, including minimum disclosures about credit risk, liquidity risk and market risk. It replaces the disclosure requirements currently in FRS 32: Financial Instruments: Disclosure and Presentation. The adoption of FRS 107 creates additional disclosure requirements for the Group’s financial statements.

Global Financial Markets (GFM) earned higher net interest income from bonds in Singapore compared to a year ago. Non-interest income rose 40% from the previous quarter due to higher trading gains in credit and other markets. Compared to a year ago, non-interest income was also boosted by higher stockbroking commissions. Higher wage costs accounted for the rise in operating expenses. Central Treasury’s (CTU) net interest income rose 19% from the previous quarter as lower-yielding assets matured and new positions were taken. Net interest income fell 21% from a year ago due to lower gapping opportunities.

FRS 107 introduces new disclosure requirements regarding financial instruments. It requires the disclosure of qualitative and quantitative information about exposure to risks arising from financial instruments, including minimum disclosures about credit risk, liquidity risk and market risk. The disclosure requirements currently in FRS 32: Financial Instruments: Disclosure and Presentation have been relocated to FRS 107. The adoption of FRS 107 creates additional disclosure requirements for the Group’s financial statements.

Operating expenses rose 16% from a year ago and 2% from the previous quarter to $564 million as a result of higher staff costs and computerisation expenses.. However, as operating expens[r]

INT FRS 111 provides clarification on circumstances when a share-based arrangement should be accounted for as an equity-settled or a cash-settled transaction. It also addresses the accounting for share-based payment transactions involving two or more entities within the Group. There is no material impact on the Group’s financial statements arising from this new INT FRS.

Interest income rose 3% from a year ago to $1.06 billion, unchanged from the previous quarter. Although loans continued to grow during the quarter, the impact was offset by a decline in interest margins. Lower stockbroking and investment banking activities contributed to a fall in net fee income of 8% from a year ago and 3% from the previous quarter to $342 million. Trading performance improved during the quarter, rising to $111 million from $97 million a year ago and compared to a loss of $161 million in the previous quarter. The improvement in trading income was offset by lower net income from the sale of financial

Specific allowances for loans rose from $52 million in the previous quarter to $106 million. Half of the increase was due to charges for equity financing to individuals in Singapore and Hong Kong. Charges for SMEs in Hong Kong and corporates in other countries also rose. Specific allowances for other assets increased from $35 million in the previous quarter to $84 million and was for investments in debt securities issued by certain US and European financial institutions. The amounts represented substantially all of the exposure to these institutions.

a. In second quarter 2005, DBSH Group changed its accounting policy for investments in joint venture companies. These investments are accounted for by proportionate consolidation, whereby the Group’s share of joint venture companies’ income and expenses, assets and liabilities are included in the consolidated financial statements on a line-by-line basis. The change better reflects the substance and economic reality of the Group’s interests in joint venture companies. Prior to the change, the equity method of accounting was adopted. The accounting policy change has been applied retrospectively, and the comparable financial results have been restated to conform to the new policy. There was no impact on after tax profits and retained earnings. The impact on a line-by-line basis was also not material.

a. In second quarter 2005, DBSH Group changed its accounting policy for investments in joint venture companies. These investments are accounted for by proportionate consolidation, whereby the Group’s share of joint venture companies’ income and expenses, assets and liabilities are included in the consolidated financial statements on a line-by-line basis. The change better reflects the substance and economic reality of the Group’s interests in joint venture companies. Prior to the change, the equity method of accounting was adopted. The accounting policy change has been applied retrospectively, and the comparable financial results have been restated to conform to the new policy.

Exhibit 5 Group Cumulative Specific and General Provisions 2000 3000 4000 5000S$ million 1,894 Cumulative Specific and General Provisions Total cumulative specific and general provi[r]

Interest bearing assets comprise cash, balances and placements with central banks; balances, placements with, and loans and advances to banks; loans and advances to non- bank customers including bills receivable, and debt securities held. Non-interest bearing assets comprise equity investments, fixed assets, accrued interest receivable, sundry debtors, revaluation of financial instruments, sundry deposits and prepayments.

Interest bearing assets comprise cash, balances and placements with central banks; balances, placements with, and loans and advances to banks; loans and advances to non-bank customers including bills receivable, and debt securities held. Non-interest bearing assets comprise equity investments, fixed assets, accrued interest receivable, sundry debtors, revaluation of financial instruments, sundry deposits and prepayments.