Yinson Annual Report 2019

Group financial highlights FINANCIAL YEAR ENDED 31 JANUARY 2015 2016 2017 2018 2019 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue + 395,440 424,398 543,255 910,156 1,034,899 Profit before tax + 280,724 292,760 213,179 361,770 343,861 Profit after tax and minority interests 247,677 224,663 197,048 292,179 234,896 Share capital & 516,399 546,399 1,099,462 1,099,490 1,101,090 Total equity 1,459,509 2,253,384 2,406,173 2,633,158 3,623,977 Number of ordinary shares issued (‘000) 1,032,798 1,092,798 1,092,798 1,092,808 1,093,245 Weighted average number of ordinary shares in issue (‘000) 950,475 1,067,154 1,090,185 1,088,201 1,095,957 Total assets 2,488,216 4,839,810 6,290,329 6,450,419 8,083,300 Total liabilities 1,028,707 2,586,426 3,884,156 3,817,261 4,459,323 Total borrowings + 823,177 1,654,151 3,393,173 3,010,158 3,149,730 Earnings before interest, tax, depreciation & amortisation (“EBITDA”) + 311,948 345,452 273,163 649,803 801,160 Basic earnings per share (sen) # 26.06 21.05 18.07 26.85 21.43 Dividends rate (sen) 1.50 2.00 16.60 10.00 4.00 Net assets per share (RM)^ 1.41 2.06 2.20 2.41 3.31 Gearing (times) + 0.56 0.73 1.41 1.14 0.87 Net gearing (times) + 0.31 0.55 1.15 0.90 0.53 Adjusted revenue +@ 593,508 648,633 775,618 1,085,157 1,194,229 Adjusted core EBITDA +@ 353,019 437,540 532,547 822,672 897,451 Adjusted core EBITDAmargin (%) +@ 59.48 67.46 68.66 75.81 75.15 Adjusted net debt +@ 878,937 1,779,136 3,135,655 2,242,175 1,853,779 Adjusted net debt / Adjusted core EBITDA (times) +@ 2.49 4.07 5.89 2.73 2.07 ^ computed based on number of ordinary shares issued as at financial years end. # computed based on weighted average number of ordinary shares in issue as at financial years end. + amount exclude discontinued operations for financial years 2015, 2016 and 2017. & the new Companies Act 2016 (the “Act”), which came into operation on 31 January 2017, abolished the concept of authorised share capital and par value of share capital. Consequently, the amounts standing to the credit of the share premium account of RM553,063,000 become part of the Company’s share capital pursuant to the transitional provisions set out in Section 618(2) of the Act. @ adjusted amount/ratio is defined as the Group’s financial results plus the Group’s share of financial results of its joint venture and associate. Yinson Holdings Berhad ANNUAL REPORT 2019 20