Financial Highlights

Audited
Year Ended
31.12.2016
RM'000
Audited
Year Ended
31.12.2015
RM'000
Audited
Year Ended
31.12.2014
RM'000
OPERATING RESULTS
Revenue 4,655,592 4,448,390 4,558,141
Profit before tax 858,992 930,362 960,242
Income tax expense (140,394) (130,939) (148,593)
Profit net of tax 718,598 799,423 811,649
Non-controlling interests 132,715 66,974 77,638
Profit attributable to owners of the parent 585,883 732,449 734,011
     
KEY BALANCE SHEET DATA
Property, plant and equipment 1,879,929 1,333,563 977,084
Investment properties 2,798,405 2,722,348 2,370,420
Rock reserves 6,394 6,657 6,920
Land held for property development 1,191,512 1,194,112 535,462
Investments in associates and joint ventures 3,229,934 3,181,173 2,521,413
Goodwill 311,840 320,060 319,444
Deferred tax assets 70,758 83,714 42,670
Trade receivables 30,380 10,521 6,723
Derivatives 164,711 351,271 66,329
Other non-current assets 53,492 57,878 28,389
Current assets 9,014,598 6,739,560 5,884,262
Assets of disposal group classified as held for sale - - 98,029
Total assets 18,751,953 16,000,857 12,857,145
     
Long term borrowings 2,553,122 2,818,189 1,651,539
Deferred tax liabilities 94,561 90,886 82,860
Derivatives 3,644 7,709 3,682
Other non-current liabilities 340,183 306,648 519,406
Current liabilities 7,527,213 5,564,151 4,275,817
Liabilities of disposal group classified as held for sale - - -
Total liabilities 10,518,723 8,787,583 6,533,304
Total equity 8,233,230 7,213,274 6,323,841
Non-controlling interests 763,508 650,558 387,473
Shareholders' equity 7,469,722 6,562,716 5,936,368
     
FUNDAMENTALS
Basic Earnings per share (sen) 29.98 41.77 42.55
Net assets per share (RM) 3.62 3.65 3.43
Net tangible assets per share (RM) 3.47 3.46 3.24
     
PROFITABILITY RATIO
Operating Profit Margin 15.36% 15.44% 16.61%
PBT Margin 18.45% 20.91% 21.07%
Return on Asset (ROA) 3.83% 5.00% 6.31%
Return on Equity (ROE) 7.84% 11.16% 12.36%
Return on Capital Employed (ROCE) 6.09% 7.69% 10.19%
     
LIQUIDITY RATIO
Current Ratio 1.20 1.21 1.38
Interest Cover Ratio 5.40 7.69 14.22
     
CAPITAL STRUCTURE RATIO
Gross Gearing Ratio 0.90 0.82 0.60
Net Gearing Ratio (times) 0.40 0.45 0.29