1、Annual Report 2020Chairmans Reportwww.SciD.auSciDev brings together world-class technology,chemistry,management and manufacturing capabilities to solve pressing operational and environmental issues for the Mining,Construction,Water treatment and Oil&Gas markets.SciDev Limited|Annual Report 2020 1Tab
2、le of ContentsChairmans Letter .3Managing Director&CEOs Letter .4Review of Operations .9Directors Report .17Remuneration Report .19Auditors Independence Declaration .28Statement of Profit or Loss and Other Comprehensive Income .30Statement of Financial Position .31Statement of Changes in Equity.32St
3、atement of Cash Flows .33Notes to the Financial Statements .34Directors Declaration .69Independent Auditors Report .70Additional ASX Information .73Corporate Directory .auASX:SDVAnnual Report 2020Chairmans Report2 Annual Report 2020|SciDev Limited SciDev Limited|Annual Report 2020 3Dear Shareholders
4、On behalf of your Board of Directors,I am delighted to present the 2020 Annual Report for SciDev.Financial year 2020(FY20)has been a successful year that saw SciDev deliver strong revenue growth despite the impacts of the COVID-19 pandemic.Firstly,I would like to acknowledge the tremendous work of t
5、he team who have been able to substantially grow the business,both through new contract wins and strategic acquisitions,in the current challenging environment.Throughout this time,SciDev maintained its people focus and ensured the safety of all employees.As a provider of expert profes-sional service
6、s,our people are our greatest asset and as a company,SciDev owes its growth to its professional team who differentiate us from our competitors.We continue to strengthen our relationship with Nuoer Group and were pleased to enter a new joint venture to accelerate global growth initiatives together.Nu