Excel Force MSC Berhad Annual Report 2016

EXCEL FORCE MSC BERHAD ANNUAL REPORT 2016 5 five-year financial highlights Year Ended 31 December 2012 2013 2014 2015 2016 FINANCIAL PERFORMANCE (RM’000) Turnover 18,361 20,626 21,874 25,280 22,473 Profit before Tax 5,927 9,289 10,325 9,653 6,975 Profit for the Year 5,190 6,957 8,844 7,568 5,394 PATANCI 5,260 7,001 8,628 7,552 5,630 KEY BALANCE SHEET DATA (RM’000) Cash and Bank Balances 26,331 24,044 20,547 19,702 23,329 Total Assets 47,455 43,567 54,533 55,008 53,057 Total Liabilities 7,117 4,423 11,452 10,561 7,636 Total Net Tangible Assets 33,990 31,708 34 007 33,882 35,669 Share Capital 20,677 20,677 20,677 20,677 20,687 Equity Attributable to owners of the Company 40,402 39,132 42,591 43,940 45,501 SHARE INFORMATION Basic Earnings Per Share (sen) 1 2.54 3.39 4.17 3.65 2.72 Diluted Earnings Per Share (sen) 2 - 3.39 4.17 3.65 2.72 Dividend Per Share (sen) 2.00 4.00 2.50 3.00 2.00 FINANCIAL RATIOS Current Ratio (times) 5.75 8.26 5.63 5.26 8.20 Net Assets Per Share (RM) 0.20 0.19 0.21 0.21 0.22 Return on Equity (ROE) 3 13% 18% 20% 17% 12% Dividend Payout Ratio 79% 118% 60% 82% 74% Notes: 1. Earnings per share (“EPS”) is computed by dividing the PATANCI by the weighted average number of ordinary shares in issue during the financial year. PATANCI represent Profit after Tax and Non-Controlling Interest, being profit attributable to shareholders or equity holders. 2. The diluted earnings per ordinary share is same as the basic earnings per share because the effect of the assumed conversion of warrants outstanding will be anti-dilutive and the Company has no other dilutive potential ordinary share in issue as at the end of the reporting period. 3. ROE is calculated by dividing the PATANCI by the equity attributable to equity holders of the Company.