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FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT
2015
SUMMARISED GROUP BALANCE SHEETS
As At 31 Dec (RM’000)
2011
2012
2013
2014
2015
Non-Current Assets
214,177 183,606 171,779 173,019
172,843
Current Assets
119,411 131,016 130,379 183,363
217,040
Total Assets
333,588
314,622
302,158
356,382
389,883
Share Capital
101,141 101,141 101,141 101,141
105,344
Reserves
78,131 83,752 85,162 105,663
131,211
Shareholders’ Equity
179,272 184,893 186,303 206,804
236,555
Non-Controlling Interests
27,890 28,116 27,924 32,913
34,684
Total Equity
207,162
213,009
214,227
239,717
271,239
Non-Current Liabilities
55,614 32,095 29,484 28,341
32,331
Current Liabilities
70,812 69,518 58,447 88,324
86,313
Total Liabilities
126,426 101,613 87,931 116,665
118,644
Total Equity and Liabilities
333,588
314,622
302,158
356,382
389,883
SUMMARISED GROUP CASH FLOWS
Year Ended 31 Dec (RM’000)
2011
2012
2013
2014
2015
Net Cash Flows From Operating Activities
24,587 16,043 36,681 40,672
44,500
Net Cash Flows (For)/From Investing Activities
(6,403)
17,527 (8,010)
(21,164)
(7,386)
Net Cash Flows (For)/From Financing Activities
(14,771)
(16,946)
(34,105)
(4,426)
6,246
Net (Decrease)/Increase in Cash and Cash Equivalents
3,413 16,624 (5,434)
15,082
43,360
Effect of exchange differences
257
208
1,061
1,079
9,182
Cash and Cash Equivalents at Beginning of Year
20,285 23,955 40,787 36,414
52,575
Cash and Cash Equivalents at End of Year
23,955 40,787 36,414 52,575
105,117
FINANCIAL ANALYSIS
(RM’000)
2011
2012
2013
2014
2015
Turnover growth
35.0% -8.6% 5.3% 62.6%
-9.5%
Profit Before Tax Growth
-77.1% 8.0% 82.5% 376.1%
-43.2%
Net Profit Growth
-79.3% 53.8% -160.8% 909.0%
-78.7%
Pre-tax Profit Margin
1.5% 1.8% 3.1% 9.1%
5.7%
Net Profit Margin
1.3% 2.1% -1.2% 6.1%
1.4%
Gearing Ratio (Net of cash) (times)
0.3
0.1
0.0
0.0
0.0
Return on Average Shareholders’ Equity
1.4% 2.1% -1.3% 9.6%
1.8%
Return on Average Total Assets
0.7% 1.2% -0.8% 5.7%
1.1%
Loss/Earnings Per Share (Sen)
- Basic
0.3
0.4
-0.2
1.9
0.4
- Diluted
n/a
n/a
n/a
n/a
n/a
FINANCIAL
HIGHLIGHTS
(cont’d)