Yinson Annual Report 2023

47 LEADERSHIP MESSAGES FINANCIAL REVIEW The Core EBITDA and Core PAT, which exclude the impact of exceptional or non-core items, were 37% and 39% higher at RM1.9 billion and RM741 million respectively. Our healthy profitability is even more noteworthy when considered against these non-core items incurred in FYE 2023, and the increase in our finance costs of RM189 million. The higher finance costs supported our increased investments into YP, YR and YGT, in line with our business plans. It is the Group’s strategy to invite strategic partners to participate in our projects to manage our overall portfolio mix and maximise shareholder value. Thus, shareholders should refer to PATAMI to determine the amount of profit attributable to them. The Group recorded higher PATAMI and Core PATAMI in FYE 2023 of RM589 million and RM752 million respectively due to factors disclosed in the previous profitability section. The Group’s Basic Earnings Per Share, computed based on PATAMI (less distributions declared to holders of perpetual securities), reflected similar trends. Note: * FYE 2021 and FYE 2021 adjusted to reflect the bonus issue of 1 bonus share for every 1 existing ordinary share, which was completed on 14 April 2022, the bonus element of the rights issue of 2 rights shares for every 5 existing ordinary shares, which was completed on 28 June 2022, and distributions declared to holders of perpetual securities in determining the profits attributable to ordinary equity shareholders. Refer to Note 14 to the Financial Statements for further details. 752 411 637 241 266 FYE FYE 589 401 315 210 235 Core PATAMI (RM million) PATAMI (RM million) FYE 16.7 10.9 7.3 19.5 21.4 Basic Earnings Per Share* (sen) 2023 2022 2021 2020 2019 2023 2022 2021 2020 2019 2023 2022 2021 2020 2019

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