Financial Year Ended 31 December 2018 2017 2016 2015* 2014^
  6 months
Unaudited
12 months
Audited
12 months
Restated
12 months
Combined
12 months
Combined
           
KEY FINANCIALS          
STATEMENT OF COMPREHENSIVE INCOME (RM'000)          
Revenue 739,756 1,478,719 1,455,054 1,315,121 1,294,342
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) 313,842 609,295 577,618 488,994 500,421
Profit Before Taxation (PBT) 91,658 198,098 168,535 103,109 182,477
Profit After Taxation (PAT) 57,250 120,576 97,190 51,295 127,110
Profit Attributable to Owners of the Parent 33,572 72,352 55,347 22,345 90,783
           
STATEMENT OF FINANCIAL POSITION (RM'000)          
Share Capital 1,275,319 1,275,319 888,316 565,995 -**
Total Assets 3,525,571 2,732,650 3,188,892 3,593,516 2,862,253
Shareholders’ Equity 578,059 582,165 561,098 172,868 811,962
Net Assets 785,141 778,143 744,344 384,284 1,029,395
Deposits, Cash and Bank Balances 339,630 411,165 460,269 550,872 470,705
           
STATEMENT OF CASH FLOWS (RM'000)          
Net Operating Cash Flow 37,645 294,653 150,195 362,956 440,253
Cash and Cash Equivalents 278,694 141,342 285,086 305,545 254,939
           
RATIO ANALYSIS          
PER SHARE DATA          
Basic Earnings Per Share (sen) 3.78 (1) 8.14 (1) 6.73 3.95 16.04
Net Assets Per Share (RM) 0.65 0.66 0.68 0.31 1.43
           
PROFITABILITY (%)          
EBITDA Margin 42.43 41.20 39.70 37.18 38.66
PBT Margin 12.39 13.40 11.58 7.84 14.10
PAT Margin 7.74 8.15 6.68 3.90 9.82
           
GEARING (times)          
Gearing Ratio 2.05 1.99 2.24 9.47 1.22
Gearing Ratio (Recourse) 1.08 0.93 1.06 4.33 -
Net Gearing Ratio 1.47 1.28 1.42 6.28 0.64
           
SHAREHOLDERS' RETURNS (%)          
Return On Shareholders' Equity 5.81 12.43 9.86 12.93 11.18
           
LIQUIDITY (times)          
Quick Ratio 1.14 1.56 1.02 0.55 1.26
Current Ratio 1.28 1.72 1.11 0.59 1.37
           
Weighted Average Number of Ordinary Shares ('000) 888,316 888,316 822,266 565,995 565,995

Notes:-

^ Combined financial statements with 2013

* Consolidated Audited Financial Statements

** Represents RM2

(1) Based on the issued and paid-up share capital of 888,315,767 ordinary shares of RM1.00 each after the completion of the public offering.

The Company was incorporated on 28 April 2014. Accordingly the comparatives are not comparable. The continuation and combination of Ranhill Entities via the Company are accounted for using the pooling of interest method therefore the comparatives of the Group are presented as if the entities have always been combined from the beginning of the earliest period presented in the financial statements. Such comparatives are not audited as the combined Group was not in existence in the previous financial year.


The 2015 numbers have accounted for one-off expenses such as cost assuming listing status of Symphony House Berhad and reverse takeover expenses of RM45,592,000 and RM9,918,000 respectively.


* Please read this section in conjunction with Ranhill Holdings Berhad’s Prospectus dated 31 December 2015, Annual Report and the latest Quarterly Report.