Yinson Annual Report 2019

Overall Financial Performance FYE 2019 FYE 2018 RM’000 RM’000 Extract from Income Statements Revenue 1,034,899 910,156 Cost of sales 440,454 363,790 Gross profit 594,445 546,366 EBITDA* 801,160 649,803 Profit before tax 343,861 361,770 Profit after tax 264,379 292,073 Gross profit margin (%) 57.44 60.03 Net profit margin (%) 25.55 32.09 Extract from Statements of Financial Position Total assets 8,083,300 6,450,419 Current assets 1,848,842 1,234,367 Cash and bank balances 1,217,279 637,120 Total liabilities 4,459,323 3,817,261 Current liabilities 1,318,707 761,351 Loans and borrowings 3,149,730 3,010,158 Total equity 3,623,977 2,633,158 Financial Indicators Return on equity (%) 7.30 11.09 Current ratio (times) 1.40 1.62 Gearing ratio (times) 0.87 1.14 Net gearing ratio (times) 0.53 0.90 Net debt/EBITDA ratio (times) 2.41 3.65 Operating Result by Segment Offshore &Marine 520,553 488,605 Other operations (3,942) (63,104) Share of results of joint ventures & associates 12,809 43,809 * Earnings before interest, depreciation and amortisation FINANCIAL PERFORMANCE Management Discussion and Analysis Yinson Holdings Berhad ANNUAL REPORT 2019 30