Financial Summary

Investor Relations

    2012
Restated
2013
Restated
2014 2015 2016
(A) INCOME STATEMENT (S$ million)          
  Revenue 2,648.3 3,511.0 3,924.6 4,761.9 5,252.3
  Earnings before interest and tax (EBIT) 2,190.8 2,258.6 2,436.9 2,316.0 2,359.5
  Profit attributable to shareholders (PATMI) 908.9 840.2 1,160.8 1,065.7 1,190.3
  Operating PATMI 360.2 502.5 705.3 823.6 865.3
             
(B) BALANCE SHEET (S$ million)          
  Investment properties 17,882.1 15,495.9 17,149.2 19,427.5 18,998.4
  Development properties for sale and stocks 7,510.6 7,382.4 7,673.7 6,936.3 4,837.1
  Associates and joint ventures 11,109.5 12,673.2 12,780.9 12,858.1 12,617.3
  Cash and cash equivalents 5,820.7 6,306.3 2,749.4 4,173.3 4,792.6
  Other assets 3,714.1 3,205.3 3,760.3 3,657.4 4,495.4
  Total assets 46,037.0 45,063.1 44,113.5 47,052.6 45,740.8
             
  Equity attributable to owners of the Company 15,145.9 16,108.9 16,758.0 17,905.3 17,604.8
  Total borrowings 17,454.4 15,936.2 15,985.8 16,058.5 14,852.4
  Non-controlling interests and other liabilities 13,436.7 13,018.0 11,369.7 13,088.8 13,283.6
  Total equities & liabilities 46,037.0 45,063.1 44,113.5 47,052.6 45,740.8
             
(C) FINANCIAL RATIOS          
  Earnings per share (cents) 21.4 19.7 27.3 25.0 28.0
  Net tangible assets per share (S$) 3.45 3.68 3.83 4.11 4.05
  Return on equity (%) 6.1 5.4 7.1 6.1 6.6
  Return on total assets (%) 5.2 4.9 5.1 4.4 4.4
  Debt to equity ratio (net of cash) (times) 0.48 0.39 0.57 0.48 0.41
  Net debt/Total assets (net of cash) (times) 0.29 0.25 0.32 0.28 0.25
  Interest cover (times) 5.3 5.7 7.2 6.1 6.5
  Interest service (times) 3.3 4.6 4.6 6.7 10.3
             
  Dividend          
  Ordinary dividend per share (cents) 7.0 8.0 9.0 9.0 10.0(1)
  Total dividend per share (cents) 7.0 8.0 9.0 9.0 10.0(1)
  Dividend cover (times) 3.1 2.5 3.0 2.8 2.8

Note:

1) Proposed dividend per share of 10 Singapore cents is subjected to final shareholders' approval at the upcoming Annual General Meeting.

2) Comparatives for 2012 and 2013 have been restated to take into account: (i) the retrospective adjustment relating to FRS 110 Consolidated Financial Statements and (ii) re-presentation of Australand's results under "discontinued operation" in accordance with FRS 105 Non-current Assets Held for Sale and Discontinued Operation.