Page 4 - XL Axiata Integrated Anual Report 2020 ENG

2 2020 Integrated Annual Report
About
This Report
INTRODUCTION
The 2020 Integrated Annual Report (IAR) of PT XL Axiata Tbk (XL Axiata) is developed based on the International Integrated Reporting Framework from the International Integrated Reporting Council (IIRC). IAR is expected to provide the stakeholders with concise but comprehensive and accurate information about XL Axiata’s business and strategies. The stakeholders will able to learn the journey of XL Axiata in creating and sharing added values to the public.
SCOPE AND BOUNDARIES
XL Axiata’s 2020 IAR discusses the Company’s financial and non-financial performance, business challenges, opportunities, and risks
that the stakeholders will find relevant and that significantly affect our capability to
create value. We limit our report to the Company’s activities from 1 January
2020 to 31 December 2020.
This IAR focuses on a number of areas, such as the Company’s digital
transformation, efforts to mitigate the impacts of COVID-19 pandemic
internally and externally, support given to the community during the
pandemic, dual-brand strategy strengthening, and continued
network development.
MATERIALITY
OF REPORT
XL Axiata has assessed the materiality of the 2020 IAR according to the reporting policies applicable in the Indonesian Stock Exchange. XL Axiata has also inquired the input of stakeholders regarding business direction and perspective, including the risks identified using the risk management framework. These risks may affect XL Axiata’s skills to create values
in the short, medium, and long term. This report also presents the Company’s strategic responses to the identified issues.
MANAGEMENT APPROVAL
The Board of Directors refers to IIRC’s International Integrated Reporting Framework for the 2020 IAR. The Board of Directors is responsible to ensure the integrity of this report through good corporate governance and internal reporting procedures.
ASSURANCE
The analysis and discussion on financial performance presented in the XL Axiata’s 2020 IAR refers to the Financial statements as at and for the years ended 31 December 2020 and 31 December 2019 audited by Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan (a member of the PricewaterhouseCoopers networks of firms) with unqualified opinion. Financial statements and disclosures are presented according to Indonesian Financial Accounting Standards.
PT. XL AXIATA TBK TRTARNASNFSOFORMRMFAFSATSETRERTOTOEMEEMREGREGESTSRTORONGNEGRER– GIVING BACK TO THE NATION