Financial Summary
| 1Q 2019 | 2018 | 2017 Restated(1) |
2016 | 2015 | ||
|---|---|---|---|---|---|---|
| (A) | INCOME STATEMENT (S$ million) |
|||||
| Revenue | 1,048.3 | 5,602.4 | 4,619.2 | 5,252.3 | 4,761.9 | |
| Earnings before interest and tax (EBIT) | 802.1 | 4,145.0 | 3,302.2 | 2,359.5 | 2,316.0 | |
| Profit attributable to shareholders (PATMI) | 295.6 | 1,762.5 | 1,569.6 | 1,190.3 | 1,065.7 | |
| Operating PATMI | 181.9 | 872.2 | 927.2 | 865.3 | 823.6 | |
| (B) | BALANCE SHEET (S$ million) |
|||||
| Investment properties | 39,947.2 | 39,446.0 | 36,479.4 | 18,998.4 | 19,427.5 | |
| Development properties for sale and stocks | 5,769.1 | 5,128.6 | 3,977.0 | 4,837.1 | 6,936.3 | |
| Associates and joint ventures | 10,259.8 | 10,179.6 | 10,205.4 | 12,617.3 | 12,858.1 | |
| Cash and cash equivalents | 5,274.6 | 5,059.8 | 6,105.3 | 4,792.6 | 4,173.3 | |
| Other assets | 5,232.3 | 4,833.6 | 4,772.1 | 4,495.4 | 3,657.4 | |
| Total assets | 66,483.0 | 64,647.6 | 61,539.2 | 45,740.8 | 47,052.6 | |
| Equity attributable to owners of the Company | 19,443.2 | 18,952.7 | 18,412.9 | 17,604.8 | 17,905.3 | |
| Total borrowings | 24,880.1 | 23,633.9 | 21,694.9 | 14,852.4 | 16,058.5 | |
| Non-controlling interests and other liabilities | 22,159.7 | 22,061.0 | 21,431.4 | 13,283.6 | 13,088.8 | |
| Total equities & liabilities | 66,483.0 | 64,647.6 | 61,539.2 | 45,740.8 | 47,052.6 | |
| (C) | FINANCIAL RATIOS | |||||
| Earnings per share (cents) | 7.1 | 42.1 | 37.0 | 28.0 | 25.0 | |
| Net tangible assets per share (S$) | 4.51 | 4.40 | 4.20 | 4.05 | 4.11 | |
| Return on equity (%) | NM | 9.3 | 8.6 | 6.6 | 6.1 | |
| Return on total assets (%) | NM | 5.6 | 5.4 | 4.4 | 4.4 | |
| Debt to equity ratio (net of cash) (times) | 0.58 | 0.56 | 0.49 | 0.41 | 0.48 | |
| Net debt/Total assets (net of cash) (times) | 0.32 | 0.31 | 0.28 | 0.25 | 0.28 | |
| Interest cover (times) | 7.9(2) | 8.3 | 8.6 | 6.5 | 6.1 | |
| Interest service (times) | 4.2(2) | 4.4 | 6.7 | 10.3 | 6.7 | |
| Dividend | ||||||
| Ordinary dividend per share (cents) | NM | 12.0 | 12.0 | 10.0 | 9.0 | |
| Dividend cover (times) | NM | 3.5 | 3.1 | 2.8 | 2.8 |
Note:
- Comparatives for 2017 have been restated to take into account the retrospective adjustments relating to SFRS(I) 15 Revenue for Contracts with Customers
- On a run rate basis
- NM - Not Meaningful. We do not disclose on a quarterly or half-yearly basis