Page 14 - ar2014

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12
ANNUAL REPORT
FY
2013/
2014
FIVE-YEARS FINANCIAL PROFILE
2014 2013 2012 2011 2010
For the year (in S$’000)
Revenue
313,330 208,746 128,395 91,714
81,966
EBITDA
43,297 30,603 21,068 17,409
17,775
Proft before tax
30,336 20,642 13,898 13,318
14,317
Proft after tax
24,947 16,639 14,607 10,743
12,027
Proft attributable to owners of the Company
24,175 15,397 14,607 10,631
12,034
For the year (in S$’000)
Net current assets
83,631 85,888 26,865 37,034
44,796
Total assets
271,444 257,042 164,018 132,562 101,462
Total liabilities
130,838 136,283 77,886 54,839
28,146
Net debt/(cash)
1
28,445 32,664 18,611
4,486
(16,402)
Shareholders' funds
130,951 110,356 86,692 78,283
73,988
Net tangible assets
2
99,278 90,927 74,274 70,574
66,808
Financial Ratios
Proft before tax margin (%)
9.68
9.89
10.82
14.52
17.47
Return on shareholders' funds (%)
3
18.46
13.95
16.85
13.58
16.26
Interest cover (EBITDA / net interest expense)
4
16.45
times
20.44
times
22.01
times
259.84
times
N.A
Net debt gearing ratio (%)
5
16.83
21.29
17.77
5.46
N.A
Per share data
Basic earnings (in Singapore cents)
6
19.19
13.17
13.04
9.63
10.93
Net tangible assets (in Singapore cents)
7
78.17
72.62
65.82
63.42
60.69
Net asset value (in S$)
8
1.03
0.88
0.77
0.70
0.67
Dividend (in Singapore cents)
4.40
9
4.50
9
4.00
4.00
3.00
Dividend payout ratio (%)
10
23.06
28.15
24.68
33.32
21.95
1 Net debt/(cash) is defned as gross debt less cash and bank balances.
2 Net tangible assets is defned as shareholders’ funds less intangible assets.
3 Return on shareholders’ funds is defned as proft attributable to owners of the Company divided by shareholders’ funds.
4 Net interest expense refers to interest expense less interest income. This ratio is not applicable for 2010 given that the Group’s
interest income exceeded its interest expense for the year ended 31 March 2010.
5 Net debt gearing is defned as the ratio of net debt to net capitalisation. Net capitalisation is the aggregate of net debt and total
equity. This ratio is not applicable for 2010 given that the Group’s cash exceeded its gross debt as at 31 March 2010 .
6 Basic earnings per share is defned as proft attributable to owners of the Company divided by weighted average number of
issued shares.
7 Net tangible assets per share is defned as net tangible assets divided by total number of issued shares excluding treasury
shares.
8 Net asset value is defned as shareholders’ funds divided by total number of issued shares excluding treasury shares.
9 Headline dividend is 4.00 Singapore cents per share. The fgures have been adjusted for the effect of bonus shares, which are
entitled to the fnal dividends, issued in 2013 and proposed in 2014.
10 Dividend payout ratio is defned as total dividend declared and paid/payable in respect of the fnancial year divided by the proft
attributable to owners of the Company.