Medine Integrated Report 2023

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CON-

TENTS

01. About our Group

Our Purpose, Vision

and Values 08

Medine at a Glance 10

Shareholding Structure 12

Organisational Structure 13

02. Leadership and Governance

Chairman’s Message 16

Board of Directors 20

Senior Management 28

03. Strategy

Interview with the CEO 34

Business Model 38

Strategy 41

Go West! 42

Sustainability 44

Our People: At the heart

of Creating Positive 49

Digital Transformation 52

How we Engage with

our Stakeholders 54

04. Performance

CFO’s Report 62

Operating Context 70

Performance

Agriculture 72

Education 74

Leisure 76

Property 78

05. Risk

Audit & Risk Committee

Chairman’s Report 82

Risk Governance 85

06. Corporate Governance

Corporate Governance Report 94

07. Financial Statements

Independent Auditor’s Report 117

Statements of Financial Position 122

Statements of Profit or Loss

and Other Comprehensive Income 123

Statements of Changes in Equity 124

Statements of Cash Flows 126

Notes to the Financial Statements 127

5

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