Yinson Annual Report 2021

91 ANNUAL REPORT 2021 FINANCIAL CAPITAL The Group’s profitability benchmark indicators continued to grow in FYE 2021 despite businesses globally being severely affected by the Covid-19 pandemic. The Group’s EBITDA was RM1,236 million and PAT was RM412 million, which is 61% and 58% higher than the previous financial year respectively. In addition, the Management uses profitability benchmark indicators of Core EBITDA and Core PAT to measure operational performance, where non-core financial elements are excluded in its calculation. These two indicators are 88% and 151% higher at RM1,491 million and RM735 million respectively. Notably among the non-core financial elements are RM84 million relating to a deal deposit written off upon the lapse of the Ezion acquisition proposal, RM33 million of impairment loss for certain offshore support vessels ("OSV") and a Very Large Crude Carrier ("VLCC") of the Group and RM104 million of contract acquisition costs written off for various projects which the Group participated in. PAT AND EBITDA (GROUP) (RM MILLION) FYE 2021 FYE 2020 FYE 2019 FYE 2018 FYE 2017 412 261 264 292 194 Reported PAT FYE 2021 FYE 2020 FYE 2019 FYE 2018 FYE 2017 1,236 770 801 650 273 Reported EBITDA FYE 2021 FYE 2020 FYE 2019 FYE 2018 FYE 2017 735 293 296 346 229 Core PAT FYE 2021 FYE 2020 FYE 2019 FYE 2018 FYE 2017 1,491 793 832 695 316 Core EBITDA FYE 2021 FYE 2020 FYE 2019 FYE 2018 FYE 2017 1,533 865 897 823 533 Adjusted Core EBITDA