notes to the financial statements - Investor Relations

GROUP FIVE-YEAR FINANCIAL SUMMARY
Financial Year Ended 31 December
2011 2010 2009 2008 2007
For the year (S$ million)
Revenue
Profit
2,579.7 747.2 623.9 602.7 534.9
- EBITDA 64.7 181.7 58.7 44.1 55.4
- Operating* 58.5 38.9 31.3 31.7 35.2
- Before tax 65.1 189.4 42.4 77.6 41.0
- PATMI 57.1 179.0 33.9 73.9 34.8
- Operating PATMI* 51.6 28.5 22.8 25.0 17.9
Per share
Earnings (Singapore cents)
- Before tax 10.9 32.2 7.4 13.5 7.8
- PATMI 9.6 30.4 5.9 12.9 6.7
Operating Earnings (Singapore cents) 8.7 4.8 4.0 4.4 3.4
Weighted average number
of issued shares (million)
595.0 588.8 574.3 574.3 522.9
Number of issued shares
as at 31 December (million)
600.3 590.3 574.3 574.3 574.3
At year-end (S$ million)
Net assets 509.2 449.0 309.5 282.9 216.6
Net tangible assets 362.1 385.4 254.6 224.9 179.2
Shareholders’ funds 476.2 428.3 292.0 266.4 204.9
Minority interests 33.0 20.7 17.5 16.5 11.7
Capital employed 787.8 558.2 367.7 436.0 347.8
Net borrowings 180.2 - 88.3 62.1 65.7
Net gearing (x) 0.3 - 0.2 0.2 0.3
Return on shareholders’ funds (%)
Profit before tax 13.7 44.2 14.5 29.1 20.0
PATMI 12.0 41.8 11.6 27.7 17.0
Shareholders’ value
Distribution (Singapore cents per share)
- Interim dividend (net) - 6.0 - - 14.0
- Final dividend (net) 2.5 2.5 2.0 2.0 2.0
- Total distribution 2.5 8.5 2.0 2.0 16.0
Share price as at 31 December (S$) 0.990 1.000 0.845 0.305 1.130
Note:
Profits for 2007, 2008, 2010 and 2011 included non-recurring items from the sale and leaseback of properties.
Net tangible assets have been restated to exclude Non-controlling Interests.
* Excluding non-recurring items and the effect of the government’s resilience budget, where applicable.
Annual Report 2011
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