8 / 144
7
Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
Financial
Highlights
(cont’d)
SUMMARISED GROUP BALANCE SHEETS
As At 31 Dec (RM’000)
2012
2013
2014
2015
2016
Non-Current Assets
183,606 171,779 173,019 172,843
190,575
Current Assets
131,016 130,379 183,363 217,040
217,187
Total Assets
314,622
302,158
356,382
389,883
407,762
Share Capital
101,141 101,141 101,141 105,344
105,344
Reserves
83,752 85,162 105,663 131,211
156,266
Shareholders’ Equity
184,893 186,303 206,804 236,555
261,610
Non-Controlling Interests
28,116 27,924 32,913 34,684
33,799
Total Equity
213,009
214,227
239,717
271,239
295,409
Non-Current Liabilities
32,095 29,484 28,341 32,331
25,420
Current Liabilities
69,518 58,447 88,324 86,313
86,933
Total Liabilities
101,613 87,931 116,665 118,644
112,353
Total Equity and Liabilities
314,622
302,158
356,382
389,883
407,762
SUMMARISED GROUP CASH FLOWS
Year Ended 31 Dec (RM’000)
2012
2013
2014
2015
2016
Net Cash Flows From Operating Activities
16,043 36,681 40,672 44,500
44,424
Net Cash Flows From/(For) Investing Activities
17,527 (8,010)
(21,164)
(7,386)
(35,037)
Net Cash Flows (For)/From Financing Activities
(16,946)
(34,105)
(4,426)
6,246
(18,473)
Net Increase/(Decrease) in Cash and Cash Equivalents
16,624 (5,434)
15,082 43,360
(9,086)
Effect of exchange differences
208
1,061
1,079
9,182
2,037
Cash and Cash Equivalents at Beginning of Year
23,955 40,787 36,414 52,575
105,117
Cash and Cash Equivalents at End of Year
40,787 36,414 52,575 105,117
98,068
FINANCIAL ANALYSIS
(RM’000)
2012
2013
2014
2015
2016
Turnover growth
-8.6% 5.3% 62.6% -9.5%
-6.7%
Profit Before Tax Growth
8.0% 82.5% 376.1% -43.2%
108.4%
Net Profit Growth
53.8% -160.8% 909.0% -78.7%
400.1%
Pre-tax Profit Margin
1.8% 3.1% 9.1% 5.7%
12.7%
Net Profit Margin
2.1% -1.2% 6.1% 1.4%
7.7%
Gearing Ratio (Net of cash) (times)
0.1
0.0
0.0
0.0
0.0
Return on Average Shareholders’ Equity
2.1% -1.3% 9.6% 1.8%
8.1%
Return on Average Total Assets
1.2% -0.8% 5.7% 1.1%
5.0%
Loss/Earnings Per Share (Sen)
- Basic
0.4
-0.2
1.9
0.4
1.9
- Diluted
#n/a
#n/a
#n/a
^ 0.4
^ 1.9
# The diluted earnings per share was not presented as the average market value of the ordinary shares of the Company is lower than the
exercise price for the outstanding warrants and any exercise of warrants would be antidilutive.
^ 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.