Yinson Integrated Annual Report 2024

39 LEADERSHIP MESSAGES | FINANCIAL REVIEW 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 Profit after Tax and Minority Interests (“PATAMI”) to determine the amount of profit attributable to them. The Group recorded higher PATAMI and Core PATAMI in FYE 2024 of RM964 million and RM931 million respectively due to factors disclosed in the previous profitability section. The Group’s Basic Earnings per Share (“EPS”), computed based on PATAMI, reflected similar trends. Core EBITDA and Core PAT, which excludes the impact of exceptional or non-core items, were 54% and 50% higher at RM3.0 billion and RM1.1 billion respectively. Our healthy profitability is even more noteworthy considering our finance costs increase of RM386 million. The higher finance costs supported our increased investments into our offshore production, renewables and green technologies businesses, in line with our business plans. PATAMI (RM million) FYE 2024 964 2023 589 2022 401 2021 315 2020 210 Core PATAMI (RM million) FYE 2024 931 2023 752 2022 411 2021 637 2020 241 FYE 2024 28.5 2023 16.7 2022 10.9* 2021 7.3* 2020 19.5 Basic Earnings per Share (sen) * FYE 2022 and FYE 2021 adjusted to reflect the bonus issue of 1 bonus share for every 1 existing ordinary share which was completed on 13 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.

RkJQdWJsaXNoZXIy NDgzMzc=