Financial Year Ended 31 December 2020 2019 2018 2017 2016
  9 months
Unaudited
12 months
Audited
12 months
Audited
12 months
Restated
12 months
Audited
           
KEY FINANCIALS          
STATEMENT OF COMPREHENSIVE INCOME (RM'000)          
Revenue 1,122,637 1,629,831 1,559,856 1,478,719 1,455,054
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) 427,730 659,781 603,068 609,295 577,618
Profit Before Taxation (PBT) 109,138 236,270 152,115 198,098 168,535
Profit After Taxation (PAT) 71,929 130,856 85,470 120,576 97,190
Profit Attributable to Owners of the Parent 46,474 81,161 64,508 72,352 55,347
           
STATEMENT OF FINANCIAL POSITION (RM'000)          
Share Capital 1,282,907 1,275,319 1,275,319 1,275,319 888,316
Total Assets 2,623,201 3,040,324 3,335,573 2,732,650 3,188,892
Shareholders’ Equity 590,494 582,244 549,369 582,165 561,098
Net Assets 807,258 800,108 756,751 778,143 744,344
Deposits, Cash and Bank Balances 280,053 453,892 355,876 411,165 460,269
           
STATEMENT OF CASH FLOWS (RM'000)          
Net Operating Cash Flow 62,618 349,921 153,961 294,653 150,195
Cash and Cash Equivalents 118,565 167,302 200,817 141,342 285,086
           
RATIO ANALYSIS          
PER SHARE DATA          
Basic Earnings Per Share (sen) 4.36 7.61(1) 6.05(1) 6.79 (1) 6.73
Net Assets Per Share (RM) 0.55 0.55 0.62 0.66 0.68
           
PROFITABILITY (%)          
EBITDA Margin 38.10 40.48 38.66 41.20 39.70
PBT Margin 9.72 14.50 9.75 13.40 11.58
PAT Margin 6.41 8.03 5.48 8.15 6.68
           
GEARING (times)          
Gearing Ratio 1.80 2.00 2.19 1.99 2.24
Gearing Ratio (Recourse) 0.99 1.08 1.14 0.93 1.06
Net Gearing Ratio 1.33 1.22 1.54 1.28 1.42
           
SHAREHOLDERS' RETURNS (%)          
Return On Shareholders' Equity 7.87 13.94 11.74 12.43 9.86
           
LIQUIDITY (times)          
Quick Ratio 1.61 1.10 1.14 1.55 1.02
Current Ratio 1.84 1.22 1.26 1.71 1.11
           
Weighted Average Number of Ordinary Shares ('000) 1,066,282 1,065,975 1,065,975 1,065,975 822,266

Notes:-

(1) Based on the issued and paid-up share capital of 1,065,975,159 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 Utilities Berhad’s Prospectus dated 31 December 2015, Annual Report and the latest Quarterly Report.