Yinson Annual Report 2020

32 Yinson Holdings Berhad SECTION 1 OVERVIEW Group financial highlights Financial year ended 31 January 2016 2017 2018 2019 2020 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue + 424,398 543,255 910,156 1,034,899 2,519,340 Profit before tax + 292,760 213,179 361,770 343,861 331,118 Profit after tax and minority interests 224,663 197,048 292,179 234,896 209,909 Share capital & 546,399 1,099,462 1,099,490 1,101,090 1,106,639 Total equity 2,253,384 2,406,173 2,633,158 3,623,977 3,773,869 Number of ordinary shares issued (‘000) 1,092,798 1,092,798 1,092,808 1,093,245 1,094,745 Weighted average number of ordinary shares in issue (‘000) 1,067,154 1,090,185 1,088,201 1,095,957 1,091,160 Total assets 4,839,810 6,290,329 6,450,419 8,083,300 9,515,405 Total liabilities 2,586,426 3,884,156 3,817,261 4,459,323 5,741,536 Total borrowings + 1,654,151 3,393,173 3,010,158 3,149,730 3,830,403 Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) + 345,452 273,163 649,803 801,160 770,195 Basic earnings per share (sen) # 21.05 18.07 26.85 21.43 19.24 Dividends rate (sen) 2.00 16.60 10.00 6.00 4.00 Net Assets Per Share (RM) ^ 2.06 2.20 2.41 3.31 3.45 Gearing (times) + 0.73 1.41 1.14 0.87 1.01 Net Gearing (times) + 0.52 1.14 0.87 0.51 0.63 Adjusted Revenue +@ 648,633 775,618 1,085,157 1,194,229 2,672,244 Adjusted Core EBITDA +@ 437,540 532,547 822,672 897,451 865,363 Adjusted Core EBITDA Margin (%) +@ 67.46 68.66 75.81 75.15 32.38 Adjusted Net Debt +@ 1,779,136 3,135,655 2,242,175 1,853,779 2,474,508 Adjusted Net Debt / Adjusted Core EBITDA (times) +@ 4.07 5.89 2.73 2.07 2.86 ^ Computed based on number of ordinary shares issued as at financial year end # Computed based on weighted average number of ordinary shares in issue as at financial year end + Amount exclude discontinued operations for financial years 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 became 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 and/or Net Debt plus the Group’s share of financial results and/or Net Debt of its joint ventures and associates