09
FRENCKEN GROUP LIMITED
ANNUAL REPORT 2014
FINANCIAL HIGHLIGHTS
FINANCIAL CALENDAR
(1)
Operating profit represents profit before interest, tax and exceptional items
(2)
Interest cover ratio = Profit before interest on borrowings, tax and exceptional items/interest on borrowings
Financial year
31 December 2014
31 December 2015
Announcement of Results
1
st
Quarter
8 May 2014
7 May 2015
2
nd
Quarter
14 August 2014
6 August 2015
3
rd
Quarter
7 November 2014
5 November 2015
4
th
Quarter
26 February 2015
February 2016
Delivery of Annual Report
8 April 2015
April 2016
Annual General Meeting
23 April 2015
April 2016
2013
2014
Change
1 Operating Results
$'000
$'000
%
Revenue
444,737
472,737
6.3
Profit attributable to equity holders
17,744
11,358
(36.0)
Net profit on turnover (%)
4.0
2.4
(40.0)
2 Divisional Performance
$'000
$'000
%
Mechatronics - Revenue
273,857
299,199
9.3
- Operating profit
(1)
11,152
12,796
14.7
IMS - Revenue
170,861
173,519
1.6
- Operating profit
(1)
13,728
5,092
(62.9)
3 Solvency Profile
$'000
$'000
%
Cash and cash equivalents
19,634
18,770
(4.4)
Borrowings
51,213
55,359
8.1
Net debts
31,579
36,589
15.9
Interest cover ratio
(2)
11.1
11.4
2.7
4 Shareholders' Value
%
Shareholders' equity ($'000)
205,282
206,916
0.8
Earnings per share - basic (cents)
4.5
2.8
(37.8)
- diluted (cents)
4.4
2.8
(36.4)
Return on average equity (%)
9.1
5.5
(39.6)
Net asset value per share (cents)
51.5
51.2
(0.6)
Dividend payout ratio (%)
31.4
35.6
13.4
