Eng - IOI Group

More documents

Recommendations

Info

groupperformancehighlights<strong>IOI</strong> Corporation BerhadAnnual Report 200334In RM’0002003 2002 +/(-)%FINANCIAL PERFORMANCERevenue 3,907,871 2,410,500 62Profit before interest and taxation 826,634 555,295 49Profit before taxation 812,626 569,311 43Net operating profit after taxation ("NOPAT") 721,885 496,153 45Net profit attributable to shareholders 502,052 346,501 45Average shareholders’ equity 3,211,056 2,693,447 19Average capital employed 6,101,274 4,766,606 28Operating margin (%) 21.15 23.04 (8)Return on average equity (%) 15.64 12.86 22NOPAT/Average capital employed (%) 11.83 10.41 14Basic earnings per share (sen) 53.24 40.69 31Dividend per share – gross (sen) 20.0 15.0 33Net tangible assets per share (sen) 302 312 (3)Dividend cover (number of times) 2.80 3.56 (21)Interest cover (number of times) 7.95 8.17 (3)PLANTATION PERFORMANCEFFB production (MT) 2,396,231 1,920,692 25Yield per mature hectare (MT) 25.10 22.91 10Mill production (MT)Crude palm oil 597,513 477,794 25Palm kernel 143,307 118,209 21Oil extraction rate (%)Crude palm oil 21.82 21.28 3Palm kernel 5.23 5.26 (1)Average selling price (RM/MT)Crude palm oil 1,461 1,075 36Palm kernel 711 522 36Operating profit (RM/mature hectare) 5,576 2,834 97PROPERTY PERFORMANCESales value 428,897 483,522 (11)Sales (unit) 1,963 2,090 (6)Average selling price 218 231 (6)Revenue 509,857 538,809 (5)Operating profit 241,907 231,642 4Operating profit (per unit) 123 111 11Progress billings 418,735 498,015 (16)OLEOCHEMICAL PERFORMANCEPlant utilisation (%) 88 95 (7)Sales (MT) 291,234 221,889 31
groupquarterlyresultsIn RM’0001st 2nd 3rd 4th FYQuarter % Quarter % Quarter % Quarter % 2003 %Revenue 706,088 18 940,371 24 1,123,522 29 1,137,890 29 3,907,871 100Operating profit 195,370 24 218,795 26 171,530 21 240,939 29 826,634 100Interest income 3,339 20 4,544 27 5,414 32 3,679 21 16,976 100Finance cost (10,656) 15 (14,933) 21 (25,644) 35 (20,967) 29 (72,200) 100Share of results of associatedcompanies 6,820 16 10,951 27 8,494 21 14,951 36 41,216 100Profit before taxation 194,873 24 219,357 27 159,794 20 238,602 29 812,626 100Taxation (39,478) 25 (39,423) 24 (39,204) 24 (42,988) 27 (161,093) 100Profit after taxation 155,395 24 179,934 28 120,590 18 195,614 30 651,533 100Minority interest (27,878) 19 (35,246) 23 (34,133) 23 (52,224) 35 (149,481) 100Net profit attributableto shareholders 127,517 25 144,688 29 86,457 17 143,390 29 502,052 100Earnings per share (sen)Basic 14.39 15.82 9.30 13.77 53.24Diluted 13.13 14.73 8.74 13.70 50.49Operating profit onsegmental basisPlantations 112,339 21 161,409 31 106,894 20 149,639 28 530,281 100Property development 51,946 22 46,576 19 51,371 21 92,014 38 241,907 100Property investment 8,572 65 7,334 55 6,570 49 (9,181) -69 13,295 100Manufacturing 23,247 24 22,832 24 24,228 25 25,234 27 95,541 100Others 827 53 (2,062) -133 (3,396) -220 6,177 400 1,546 100Segment results 196,931 22 236,089 27 185,667 21 263,883 30 882,570 100Unallocated corporate expenses (1,561) 3 (17,294) 31 (14,137) 25 (22,944) 41 (55,936) 100Operating profit 195,370 24 218,795 26 171,530 21 240,939 29 826,634 100financialcalendarFinancial Year End 30 June 2003 Payment of DividendsAnnouncement of ResultsFirst Interim1st Quarter 15 November 2002 Declaration 18 February 20032nd Quarter 18 February 2003 Book closure 15 April 20033rd Quarter 16 May 2003 Payment 25 April 20034th Quarter 15 August 2003 Second InterimNotice of Annual General Meeting 29 September 2003 Declaration 15 August 2003Annual General Meeting 21 October 2003 Book closure 5 September 2003Payment 18 September 200335<strong>IOI</strong> Corporation BerhadAnnual Report 2003
Page 1: www.ioigroup.comIOI Corporation Ber
Page 5 and 6: OPERATING BACKGROUNDThe Malaysian e
Page 7 and 8: FINANCIAL OVERVIEW cont’dGroup’
Page 9 and 10: REVIEW OF RESULTS cont’dEBIT cont
Page 11 and 12: OTHER CORPORATE DEVELOPMENT AND GRO
Page 13 and 14: SOCIAL CONTRIBUTIONSAs a responsibl
Page 15: ACKNOWLEDGEMENTOn behalf of the Boa
Page 18 and 19: noticeofannualgeneralmeetingNOTICE
Page 20 and 21: noticeofannualgeneralmeeting cont
Page 22 and 23: noticeofannualgeneralmeeting cont
Page 25 and 26: oostingjobfulfilment“When it come
Page 27 and 28: oardofdirectorsTan Sri Dato’ Lee
Page 29 and 30: Dato’ Lee Yeow ChorExecutive Dire
Page 31 and 32: Datuk Khalid b Hj HusinIndependent
Page 34 and 35: groupfinancialoverviewBalance Sheet
Page 38 and 39: five-yearfinancialhighlightsIn RM
Page 40: oostingsocialcommitment“As a cari
Page 43 and 44: HIGHLIGHTS cont’d• Net operatin
Page 45 and 46: ECONOMIC PROFIT AND RETURNS cont’
Page 47 and 48: RISK MANAGEMENTThe Group has in pla
Page 49 and 50: Financial Risk Management cont’d
Page 51 and 52: management’sdiscussionandanalysis
Page 53 and 54: Area Statement (In Hectares)Year en
Page 55 and 56: OPERATIONS cont’dAlthough oil yie
Page 57: OUTLOOK AND PROSPECTSPrices of edib
Page 65 and 66: OPERATIONS cont’dIn line with the
Page 67 and 68: RESULTS cont’dThe Group’s overa
Page 69 and 70: ValKepongKLCCKualaLumpurKL SentralP
Page 73 and 74: OPERATIONSThe Group’s palm oil re
Page 75 and 76: PROSPECTSThe oleochemical sub-segme
Page 77 and 78: 4 Duties and ResponsibilitiesIn ful
Page 79 and 80: ACTIVITIES cont’dviiReview of the
Page 81 and 82: Roles and Principal Duties cont’d
Page 83 and 84: Board Composition and Balance cont
Page 85 and 86: Re-electionIn accordance with the C
Page 87 and 88:
Directors’ Remuneration cont’d1
Page 89 and 90:
Financial Reporting cont’dIn addi
Page 91 and 92:
NATURE OF OUR INTERNAL CONTROLS CON
Page 93 and 94:
otherinformationCOMPOSITION OF SHAR
Page 95 and 96:
Type of Recurrent Interested Direct
Page 97 and 98:
Type of Recurrent Interested Direct
Page 99 and 100:
27 Tan Sri Dato’ Lee Shin Cheng i
Page 101 and 102:
groupbusinessstructurePlantationPla
Page 103 and 104:
EuropeNetherlands : Wormerveer and
Page 105 and 106:
■ Plantation1 Bukit Dinding Estat
Page 107 and 108:
• The exercise price of Warrants
Page 109 and 110:
MARCH 2003• IOI achieved a 5th pl
Page 111 and 112:
socialcontributions• In conjuncti
Page 113:
• IOI contributed RM100,000 for t
Page 116 and 117:
directors’reportThe Directors of
Page 118 and 119:
directors’report cont’dWARRANTS
Page 120 and 121:
directors’report cont’dEXECUTIV
Page 122 and 123:
directors’report cont’dRESERVES
Page 124 and 125:
directors’report cont’dDIRECTOR
Page 126 and 127:
directors’report cont’dSTATUTOR
Page 128 and 129:
directors’report cont’dSIGNIFIC
Page 130 and 131:
incomestatements for the financial
Page 132 and 133:
statementsofchangesinequity for the
Page 134 and 135:
statementsofchangesinequity for the
Page 136 and 137:
cashflowstatements for the financia
Page 138 and 139:
cashflowstatements for the financia
Page 140 and 141:
notestothefinancialstatements cont
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
Page 172 and 173:
Page 174 and 175:
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
eportoftheauditors to the members o
Page 232 and 233:
groupproperties cont’dAPLANTATION
Page 234 and 235:
groupproperties cont’dBDEVELOPMEN
Page 236 and 237:
groupproperties cont’dDINDUSTRIAL
Page 238 and 239:
groupproperties cont’dEOTHER PROP
Page 240 and 241:
LIST OF TOP 30 SHAREHOLDERS cont’
Page 242:
fold hereIOI Corporation BerhadNo.
show all

Eng - IOI Group

Create successful ePaper yourself

Delete template?

Save as template?