Frontken Berhad Annual Report 2020

Annual Report 2020 7 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Financial Highlights (cont’d) SUMMARISED GROUP FINANCIAL POSITION AS AT 31 DECEMBER (RM’000) 2016 2017 2018 2019 2020 Non-Current Assets 190,575 188,706 177,493 181,523 175,361 Current Assets 217,187 242,385 277,567 334,202 442,910 Total Assets 407,762 431,091 455,060 515,725 618,271 Share Capital 105,344 118,925 118,925 118,925 118,925 Reserves 156,266 162,675 206,115 258,047 321,070 Shareholders’ Equity 261,610 281,600 325,040 376,972 439,995 Non-Controlling Interests 33,799 24,373 19,604 21,776 27,039 Total Equity 295,409 305,973 344,644 398,748 467,034 Non-Current Liabilities 25,420 16,061 12,348 15,053 12,826 Current Liabilities 86,933 109,057 98,068 101,924 138,411 Total Liabilities 112,353 125,118 110,416 116,977 151,237 Total Equity and Liabilities 407,762 431,091 455,060 515,725 618,271 SUMMARISED GROUP CASH FLOWS YEAR ENDED 31 DECEMBER (RM’000) 2016 2017 2018 2019 2020 Net Cash Flows From Operating Activities 44,424 69,029 63,322 114,901 119,733 Net Cash Flows For Investing Activities (35,037) (32,078) (7,142) (12,113) (11,900) Net Cash Flows For Financing Activities (18,473) (8,389) (27,786) (33,711) (33,949) Net (Decrease)/Increase in Cash and Cash Equivalents (9,086) 28,562 28,394 69,077 73,884 Effect of exchange differences 2,037 (6,377) 293 1,652 6,248 Cash and Cash Equivalents at Beginning of Year 105,117 98,068 120,253 148,940 219,669 Cash and Cash Equivalents at End of Year 98,068 120,253 148,940 219,669 299,801 FINANCIAL ANALYSIS 2016 2017 2018 2019 2020 Turnover growth -6.7% 13.3% 10.3% 3.9% 8.4% Profit Before Tax Growth 108.4% 38.4% 63.9% 27.3% 18.7% Net Profit Growth 400.1% 49.0% 75.0% 32.4% 18.5% Pre-tax Profit Margin 12.7% 15.6% 23.1% 28.3% 31.0% Net Profit Margin 7.7% 10.1% 16.0% 20.3% 22.3% Return on Average Shareholders’ Equity 8.1% 11.0% 17.2% 19.7% 20.1% Return on Average Total Assets 5.0% 7.1% 11.8% 14.4% 14.5% Earnings Per Share (Sen) - Basic 1.9 2.9 5.0 6.6 7.8 - Diluted ^ 1.9 ^ 2.9 ^ 5.0 ^ 6.6 ^ 7.8 ^ The Group has not issued any dilutive potential ordinary shares and hence, the diluted earnings per share is equal to the basic earnings per share.