FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
09
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 2015
31 December 2016
Announcement of Results
1
st
Quarter
7 May 2015
12 May 2016
2
nd
Quarter
6 August 2015
11 August 2016
3
rd
Quarter
5 November 2015
10 November 2016
4
th
Quarter
25 February 2016
February 2017
Delivery of Annual Report
13 April 2016
April 2017
Annual General Meeting
28 April 2016
April 2017
2014
2015
Change
1 Operating Results
$'000
$'000
%
Revenue
472,737
439,380
(7.1)
Profit attributable to equity holders
11,358
9,221
(18.8)
Net profit on turnover (%)
2.4
2.1
(12.5)
2 Divisional Performance
$'000
$'000
%
Mechatronics - Revenue
299,199
273,746
(8.5)
- Operating profit
(1)
12,796
13,453
5.1
IMS - Revenue
173,519
165,617
(4.6)
- Operating profit
(1)
5,092
9,077
78.3
3 Solvency Profile
$'000
$'000
%
Cash and cash equivalents
18,770
14,719
(21.6)
Borrowings
55,359
51,900
(6.2)
Net debts
36,589
37,181
1.6
Interest cover ratio
(2)
11.4
14.4
26.3
4 Shareholders' Value
%
Shareholders' equity ($'000)
206,916
203,631
(1.6)
Earnings per share - basic (cents)
2.8
2.3
(17.9)
- diluted (cents)
2.8
2.3
(17.9)
Return on average equity (%)
5.5
4.5
(18.2)
Net asset value per share (cents)
51.2
50.3
(1.8)
Dividend payout ratio (%)
35.6
32.9
(7.6)
