Notes to the Financial Statements - Swissco Holdings Limited
Notes to the Financial Statements - Swissco Holdings Limited Notes to the Financial Statements - Swissco Holdings Limited
Financial Highlights Revenue S$million Net Profit S$million 52.9 58.6 40.2 31.2 23.6 24.2 2007 2008 2009 2007 2008 2009 Revenue By Business Division S$million 2009 2008 Ship Repair S$4.7million 8% Ship Repair S$5.7million 10.8% 92% 89.2% Marine Logistics S$53.9million Marine Logistics S$47.2million Swissco International Limited Annual Report 2009 0
Financial Summary FY2009 FY2008 FY2007 Revenue Statement (S$’000) Turnover 58,552 52,928 31,158 Gross Profit Margin (%) 47.3% 52.8% 50.7% Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) 34,072 28,903 43,839 Net Profit Before Taxation 25,399 23,846 40,656 Profit Attributable to Equity Holders 24,177 23,591 40,206 Financial Position (S$’000) Number of shares in Issue 197,209 197,209 178,758 Total Shareholders Equity 154,553 123,307 210,155 Total Liabilities 48,727 51,270 33,497 Total Assets 203,280 174,577 243,652 Property, Plant and Equipment 144,933 131,474 85,040 Net Current Assets 19,010 383 132,636 Cash and Cash Equivalents 14,578 4,313 9,795 Debt to Equity Ratio - Gearing 0.08 0.17 0.02 Financial Indicators Return on Shareholders Equity 15.6% 19.1% 19.1% Return on Total Assets 11.9% 13.5% 16.5% Net Asset Value per Share (in S$) 0.78 0.63 1.18 Basic Earnings per Share ( in cents) 12.26 11.98 22.61 Diluted Earnings per Share (in cents) 12.21 11.96 22.47 Dividend per Share (in cents) 1 1 4 0 Annual Report 2009 Swissco International Limited
- Page 1 and 2: Swissco International Limited Steer
- Page 3 and 4: Corporate Profile Swissco Internati
- Page 5: Ship Repair and Maintenance Small t
- Page 9 and 10: Chairman’s Statement Dividend The
- Page 11 and 12: ENTRY INTO ACCOMMODATION WORK BOAT
- Page 13 and 14: Fleet Composition Our fleet has gro
- Page 15 and 16: Operations Review Our vessels AHT B
- Page 17 and 18: SW Marine (M) Sdn Bhd 49% PT Swissc
- Page 19 and 20: Board of Directors Mr Phillip Chan
- Page 21 and 22: Key Management Mr Sam Kwai Hoong Ch
- Page 23 and 24: Corporate Governance Report Swissco
- Page 25 and 26: Corporate Governance Report The NC
- Page 27 and 28: Corporate Governance Report Executi
- Page 29 and 30: Corporate Governance Report The Aud
- Page 31 and 32: Directors' Report For the financial
- Page 33 and 34: Directors' Report For the financial
- Page 35 and 36: Directors' Report For the financial
- Page 37 and 38: Statement by Directors For the fina
- Page 39 and 40: Consolidated Statement of Comprehen
- Page 41 and 42: Consolidated Statement of Changes i
- Page 43 and 44: Notes to the Financial Statements F
- Page 45 and 46: Notes to the Financial Statements F
- Page 47 and 48: Notes to the Financial Statements F
- Page 49 and 50: Notes to the Financial Statements F
- Page 51 and 52: Notes to the Financial Statements F
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<strong>Financial</strong><br />
Summary<br />
FY2009 FY2008 FY2007<br />
Revenue Statement (S$’000)<br />
Turnover 58,552 52,928 31,158<br />
Gross Profit Margin (%) 47.3% 52.8% 50.7%<br />
Earnings Before Interest, Tax,<br />
Depreciation & Amortisation (EBITDA) 34,072 28,903 43,839<br />
Net Profit Before Taxation 25,399 23,846 40,656<br />
Profit Attributable <strong>to</strong> Equity Holders 24,177 23,591 40,206<br />
<strong>Financial</strong> Position (S$’000)<br />
Number of shares in Issue 197,209 197,209 178,758<br />
Total Shareholders Equity 154,553 123,307 210,155<br />
Total Liabilities 48,727 51,270 33,497<br />
Total Assets 203,280 174,577 243,652<br />
Property, Plant and Equipment 144,933 131,474 85,040<br />
Net Current Assets 19,010 383 132,636<br />
Cash and Cash Equivalents 14,578 4,313 9,795<br />
Debt <strong>to</strong> Equity Ratio - Gearing 0.08 0.17 0.02<br />
<strong>Financial</strong> Indica<strong>to</strong>rs<br />
Return on Shareholders Equity 15.6% 19.1% 19.1%<br />
Return on Total Assets 11.9% 13.5% 16.5%<br />
Net Asset Value per Share (in S$) 0.78 0.63 1.18<br />
Basic Earnings per Share ( in cents) 12.26 11.98 22.61<br />
Diluted Earnings per Share (in cents) 12.21 11.96 22.47<br />
Dividend per Share (in cents) 1 1 4<br />
0<br />
Annual Report 2009 <strong>Swissco</strong> International <strong>Limited</strong>
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