My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 10 FINANCIAL HIGHLIGHTS (CONT’D) Summarized Group Income Statements RM’000 FY2014 FY2015 FY2016 FY2017 FP2018 (1) FP2019 (2) Revenue 109,872 141,518 281,728 371,215 562,270 593,578 EBITDA (4) 64,833 84,554 164,405 226,431 168,599 (3) 355,237 Profit Before Tax 50,710 68,213 143,226 201,478 128,473 (3) 306,939 Net Profit 50,113 68,047 142,519 200,048 125,970 (3) 302,156 Total Comprehensive Income 50,113 74,747 142,519 200,048 125,671 (3) 302,194 Summarized Group Balance Sheets RM’000 FY2014 FY2015 FY2016 FY2017 FP2018 (1) FP2019 (2) Total Non-Current Assets 101,328 140,118 286,541 414,616 526,109 (3) 705,207 Total Current Assets 134,708 307,679 437,862 449,157 358,142 (3) 324,823 TOTAL ASSETS 236,036 447,797 724,403 863,773 884,251 (3) 1,030,030 Financed By: Share Capital 60,105 120,210 240,420 360,630 360,630 360,630 Treasury Shares (10,237) (6,783) (2) - (52,804) (144,743) Reserves - 43,709 6,700 192,774 260,119 497,045 Retained Profits 126,789 116,777 153,179 186,074 253,718 (3) 490,606 Shareholders’ Equity 176,657 273,913 400,297 553,404 567,945 712,932 Minority Interests 2 (20) (161) (1,463) (4,043) (4,937) Total Equity 176,659 273,893 400,136 551,941 563,902 707,995 Total Non-Current Liabilities 8,971 7,514 84,681 116,262 96,960 138,738 Total Current Liabilities 50,406 166,390 239,586 195,570 223,389 183,297 TOTAL EQUITY AND LIABILITIES 236,036 447,797 724,403 863,773 884,251 1,030,030 Financial Analysis FY2014 FY2015 FY2016 FY2017 FP2018 (1) FP2019 (2) Revenue Growth 43.7% 28.8% 99.1% 31.8% 51.5% 5.3% Profit Before Tax Growth 47.5% 34.5% 110.0% 40.7% -36.2% 138.9% Net Profit Growth 43.8% 35.8% 109.4% 40.4% -37.0% 139.9% EBITDA Margin 59.0% 59.7% 58.4% 61.0% 30.0% 59.8% Pre-tax Profit Margin 46.2% 48.2% 50.8% 54.3% 22.8% 51.7% Net Profit Margin 45.6% 48.1% 50.6% 53.8% 22.4% 50.9% Return on Average Equity 31.7% 30.2% 42.3% 42.0% 22.6% 47.5% Return on Average Total Assets 24.0% 19.9% 24.3% 25.2% 14.4% 31.6% Net Tangible Assets Per Share (Sen) 4.3 (5) 7.0 (5) 10.4 (5) 14.6 15.3 19.6 Net Earnings Per Share (Sen) 1.4 (5) 1.9 (5) 4.0 (5) 5.6 3.6 8.6 Notes:- (1) MYEG had on 13 June 2018 changed its financial year end from 30 June to 30 September. The FP2018 was made up of results for 15 months covering the period from 1 July 2017 to 30 September 2018. (2) MYEG had on 27 September 2019 changed its financial year end from 30 September to 31 December. The FP2019 was made up of results for 15 months covering the period from 1 October 2018 to 31 December 2019. (3) Net of impairment in relation to impairments made for CAPEX and receivables related to the abolishment of the GST regime. (4) EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization. (5) The comparative figures for net tangible assets per share and net earnings per share have been restated to reflect the adjustment arising from the bonus issue completed during the financial year 2017.