Frontken Berhad Annual Report 2019

7 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 Financial Highlights (cont’d) SUMMARISED GROUP FINANCIAL POSITION As At 31 Dec (RM’000) 2015 2016 2017 2018 2019 Non-Current Assets 172,843 190,575 188,706 177,493 181,523 Current Assets 217,040 217,187 242,385 277,567 334,202 Total Assets 389,883 407,762 431,091 455,060 515,725 Share Capital 105,344 105,344 118,925 118,925 118,925 Reserves 131,211 156,266 162,675 206,115 258,047 Shareholders’ Equity 236,555 261,610 281,600 325,040 376,972 Non-Controlling Interests 34,684 33,799 24,373 19,604 21,776 Total Equity 271,239 295,409 305,973 344,644 398,748 Non-Current Liabilities 32,331 25,420 16,061 12,348 15,053 Current Liabilities 86,313 86,933 109,057 98,068 101,924 Total Liabilities 118,644 112,353 125,118 110,416 116,977 Total Equity and Liabilities 389,883 407,762 431,091 455,060 515,725 SUMMARISED GROUP CASH FLOWS Year Ended 31 Dec (RM’000) 2015 2016 2017 2018 2019 Net Cash Flows From Operating Activities 44,500 44,424 69,029 63,322 114,901 Net Cash Flows For Investing Activities (7,386) (35,037) (32,078) (7,142) (12,113) Net Cash Flows From/(For) Financing Activities 6,246 (18,473) (8,389) (27,786) (33,711) Net Increase/(Decrease) in Cash and Cash Equivalents 43,360 (9,086) 28,562 28,394 69,077 Effect of exchange differences 9,182 2,037 (6,377) 293 1,652 Cash and Cash Equivalents at Beginning of Year 52,575 105,117 98,068 120,253 148,940 Cash and Cash Equivalents at End of Year 105,117 98,068 120,253 148,940 219,669 FINANCIAL ANALYSIS 2015 2016 2017 2018 2019 Turnover Growth -9.5% -6.7% 13.3% 10.3% 3.9% Profit Before Tax Growth -43.2% 108.4% 38.4% 63.9% 27.3% Net Profit Growth -78.7% 400.1% 49.0% 75.0% 32.4% Pre-tax Profit Margin 5.7% 12.7% 15.6% 23.1% 28.3% Net Profit Margin 1.4% 7.7% 10.1% 16.0% 20.3% Gearing Ratio (Net of cash) (times) 0.0 0.0 0.0 0.0 0.0 Return on Average Shareholders’ Equity 1.8% 8.1% 11.0% 17.2% 19.7% Return on Average Total Assets 1.1% 5.0% 7.1% 11.8% 14.4% Earnings Per Share (Sen) - Basic 0.4 1.9 2.9 5.0 6.6 - Diluted ^ 0.4 ^ 1.9 ^ 2.9 ^ 5.0 ^ 6.6 ^ The Group has not issued any dilutive potential ordinary shares and hence, the diluted earnings per share is equal to the basic earnings per share.