Financial Summary

Investor Relations

    2011 2012
Restated
2013
Restated
2014 2015 YTD/ As At
Sep-16
(A) INCOME STATEMENT (S$ million)            
  Revenue 3,019.6 2,648.3 3,511.0 3,924.6 4,761.9 3,399.5
  Earnings before interest and tax (EBIT) 2,086.6 2,190.8 2,258.6 2,436.9 2,316.0 1,543.7
  Profit attributable to shareholders (PATMI) 1,057.3 908.9 840.2 1,160.8 1,065.7 759.8
  Operating PATMI 352.1 360.2 502.5 705.3 823.6 576.2
               
(B) BALANCE SHEET (S$ million)            
  Investment properties 7,074.6 17,882.1 15,495.9 17,149.2 19,427.5 19,630.5
  Development properties for sale and stocks 6,905.1 7,510.6 7,382.4 7,673.7 6,936.3 5,843.5
  Associates and joint ventures 10,685.0 11,109.5 12,673.2 12,780.9 12,858.1 12,411.3
  Cash and cash equivalents 6,264.5 5,820.7 6,306.3 2,749.4 4,173.3 4,243.0
  Other assets 4,390.3 3,714.1 3,205.3 3,760.3 3,657.4 4,085.3
  Total assets 35,319.5 46,037.0 45,063.1 44,113.5 47,052.6 46,213.6
               
  Equity attributable to owners of the Company 14,901.6 15,145.9 16,108.9 16,758.0 17,905.3 16,988.0
  Total borrowings 12,190.6 17,454.4 15,936.2 15,985.8 16,058.5 15,581.5
  Non-controlling interests and other liabilities 8,227.3 13,436.7 13,018.0 11,369.7 13,088.8 13,634.1
  Total equities & liabilities 35,319.5 46,037.0 45,063.1 44,113.5 47,052.6 46,213.6
               
(C) FINANCIAL RATIOS            
  Earnings per share (cents) 24.8 21.4 19.7 27.3 25.0 17.9
  Net tangible assets per share (S$) 3.40 3.45 3.68 3.83 4.11 3.90
  Return on equity (%) 7.3 6.1 5.4 7.1 6.1 NM
  Return on total assets (%) 5.9 5.2 4.9 5.1 4.4 NM
  Debt to equity ratio (net of cash) (times) 0.31 0.48 0.39 0.57 0.48 0.47
  Net debt/Total assets (net of cash) (times) 0.20 0.29 0.25 0.32 0.28 0.27
  Interest cover (times) 5.7 5.3 5.7 7.2 6.1 5.8
  Interest service (times) 2.7 3.3 4.6 4.6 6.7 7.6
               
  Dividend            
  Ordinary dividend per share (cents) 6.0 7.0 8.0 9.0 9.0 NM
  Special dividend per share (cents) 2.0 - - - - -
  Total dividend per share (cents) 8.0 7.0 8.0 9.0 9.0 NM
  Dividend cover (times) 3.1 3.1 2.5 3.0 2.8 NM

Note: 1) NM - Not meaningful. We do not disclose on a quarterly or half-yearly basis.

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.