Financial Year Ended 31 December 2018 2017 2016 2015* 2014^
  9 months
Unaudited
12 months
Audited
12 months
Restated
12 months
Combined
12 months
Combined
           
KEY FINANCIALS          
STATEMENT OF COMPREHENSIVE INCOME (RM'000)          
Revenue 1,141,695 1,478,719 1,455,054 1,315,121 1,294,342
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) 471,568 609,295 577,618 488,994 500,421
Profit Before Taxation (PBT) 136,462 198,098 168,535 103,109 182,477
Profit After Taxation (PAT) 85,678 120,576 97,190 51,295 127,110
Profit Attributable to Owners of the Parent 50,057 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 3,430,877 2,732,650 3,188,892 3,593,516 2,862,253
Shareholders’ Equity 581,736 582,165 561,098 172,868 811,962
Net Assets 792,796 778,143 744,344 384,284 1,029,395
Deposits, Cash and Bank Balances 342,390 411,165 460,269 550,872 470,705
           
STATEMENT OF CASH FLOWS (RM'000)          
Net Operating Cash Flow 117,730 294,653 150,195 362,956 440,253
Cash and Cash Equivalents 244,843 141,342 285,086 305,545 254,939
           
RATIO ANALYSIS          
PER SHARE DATA          
Basic Earnings Per Share (sen) 5.64(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 41.30 41.20 39.70 37.18 38.66
PBT Margin 11.95 13.40 11.58 7.84 14.10
PAT Margin 7.50 8.15 6.68 3.90 9.82
           
GEARING (times)          
Gearing Ratio 2.04 1.99 2.24 9.47 1.22
Gearing Ratio (Recourse) 1.06 0.93 1.06 4.33 -
Net Gearing Ratio 1.45 1.28 1.42 6.28 0.64
           
SHAREHOLDERS' RETURNS (%)          
Return On Shareholders' Equity 8.60 12.43 9.86 12.93 11.18
           
LIQUIDITY (times)          
Quick Ratio 1.11 1.56 1.02 0.55 1.26
Current Ratio 1.25 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.