Financial Summary


    2016 2015 2014
(Restated)
2013
(Restated)
2012
(Restated)

Financial Results ($’000)          
Turnover   154,595 145,826 139,179 139,410 132,279
 
Net profit from operating activities before tax   122,332 145,538 109,923 72,493 106,099
Taxation   (9,040) (3,181) (3,031) (7,532) (14,184)
 
Profit after tax   113,292 142,357 106,892 64,961 91,915
Non-controlling interests   (163) 510 (43) (148) (23)
 
Net profit attributable to shareholders   113,129 142,867 106,849 64,813 91,892
 
Net final dividend proposed/paid   16,561 16,561 16,561 16,561 16,561
Net final special dividend proposed/paid   41,402 33,121 33,121 16,561 33,121
 
           
Balance Sheets ($’000)          
Property, plant and equipment   4,872 6,083 4,190 6,007 15,872
Investment properties   106,653 168,948 160,797 168,875 184,111
Other non-current assets   863,701 910,343 831,569 650,861 439,187
Current assets   558,301 556,149 329,129 465,214 649,883
 
Total assets   1,533,527 1,641,523 1,325,685 1,290,957 1,289,053
 
           
Current liabilities   (126,546) (199,401) (73,633) (79,436) (109,083)
Long-term and deferred liabilities   (27,489) (64,805) (66,341) (62,991) (62,351)
 
Net assets   1,379,492 1,377,317 1,185,711 1,148,530 1,117,619
 
           
Financed by:            
Share capital 169,717 169,717 169,717 169,717 169,717
Treasury shares (1,768) (1,768) (1,768) (1,768) (1,768)
Reserves 1,207,698 1,206,018 1,014,679 976,969 946,332
 
Shareholders' funds 1,375,647 1,373,967 1,182,628 1,144,918 1,114,281
Non-controlling Interests 3,845 3,350 3,083 3,612 3,338
 
1,379,492 1,377,317 1,185,711 1,148,530 1,117,619
 
           
Financial Ratios          
Earnings per share after tax and non-controlling interests (cents)# 13.7 17.3 12.90 7.83 11.30
Return on shareholders funds (%)#* 8.23 11.18 9.18 5.74 8.64
Return on Total Assets (%)#* 7.13 9.63 8.17 5.02 7.45
 
Dividend proposed          
    Special final & interim net dividend per share (cents) 5.00 4.00 4.00 2.00 4.00
    Final/Interim net dividend per share (cents) 2.00 2.00 2.00 2.00 2.00
Dividend cover (times)# 1.95 2.88 2.15 1.96 1.85
Nets Assets per share (S$)# 1.66 1.66 1.43 1.38 1.35
Debt equity ratio (net of cash) (times) Net Cash Net Cash Net Cash Net Cash Net Cash
Total Liabilities to shareholders funds (times) 0.11 0.19 0.12 0.12 0.15
Interest cover (times)# 220.63 126.90 82.24 40.00 52.93
           
Notes:
* In calculating return on shareholders' funds and return on total assets, the average basis has been used.

# The financial ratios are based on continuing operations.