Total Liabilities Group total liabilities as at the end of FY2016 of RM16,820.3 million was 51.8% higher than RM11,079.9 million as at the end of FY2015, mainly from increase in borrowings, following completion of the equity buyback of GKL in May 2016. Shareholders’ Equity Shareholders’ equity of RM38,065.7 million as at 31 December 2016 was 7.6% higher than RM35,361.5 million as at 31 December 2015. The increase in shareholders’ equity was mainly due to currency translation gain of RM1,588.6 million and profit attributable to equity holders of RM2,581.6 million in FY2016. The Corporation also paid dividends totalling RM1,450.7 million in FY2016. Net Debt/Equity Ratio Following increase in total borrowings during the year, the Group’s net debtto-equity ratio increased to 0.15 times as at 31 December 2016 compared to 0.02 times as at 31 December 2015. Capital expenditure requirements Group committed capital expenditure as at the end of FY2016 stood at RM4,346.1 million. Based on our strong cash position as at the end of FY2016 and existing funding facilities, the Group should be able to fund committed capital expenditure and planned growth plans. Given the relatively low net debt/equity ratio, the Group will pursue the optimum capital structure for any capital project or investment. Group Revenue RM9,597.2 million Group Operating Profit RM2,228.8 million Earnings Per Share 57.8 SEn Total Assets RM56,151.3 million 7 Financial Review
RkJQdWJsaXNoZXIy NDgzMzc=