Financial Statements and Related Announcement::Third Quarter Results
Page 1 of 1
Financial Statements and Related Announcement::Third Quarter Results Issuer & Securities
Issuer/ ManagerGENTING SINGAPORE PLC
Announcement Details
Financial Statements and Related Announcement
Please see attached.
Additional Details
30/09/2015
GENS SGX Announcement Q3FY15.pdf Total size =780K
Like 0
Tweet 0 0http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announce...
12/11/2015
FINANCIAL STATEMENTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED 30 SEPTEMBER 2015
PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 & Q3), HALF AND FULL YEAR ANNOUNCEMENTS
1(a)(i) A statement of comprehensive income (for the Group) together with a comparative statement for the corresponding period of the immediately preceding financial year.
STATEMENT OF COMPREHENSIVE INCOME
Third quarter ended 30 September | Nine months ended 30 September | ||||||
2015 | 2014 | Change | 2015 | 2014 | Change | ||
S$'000 | S$'000 | % | S$'000 | S$'000 | % | ||
Revenue | 636,102 | 644,773 | (1) | 1,853,487 | 2,224,616 | (17) | |
Cost of sales | (448,461) | (426,919) | 5 | (1,308,418) | (1,382,097) | (5) | |
Gross profit | 187,641 | 217,854 | (14) | 545,069 | 842,519 | (35) | |
Other operating income | 129,838 | 40,421 | >100 | 196,017 | 49,396 | >100 | |
Fair value (loss)/gain on derivative financial instruments | (61,407) | (7,713) | >100 | (274,460) | 9,496 | NM | |
Administrative expenses | (48,027) | (57,870) | (17) | (44,210) | (171,863) | (74) | |
- Prior years' property tax refund | - | - | NM | 102,742 | - | NM | |
- Others | (48,027) | (57,870) | (17) | (146,952) | (171,863) | (14) | |
Selling and distribution expenses | (14,713) | (15,275) | (4) | (42,731) | (43,016) | (1) | |
Other operating expenses | (78,596) | (3,276) | >100 | (85,477) | (16,304) | >100 | |
Operating profit | 114,736 | 174,141 | (34) | 294,208 | 670,228 | (56) | |
Finance costs | (14,489) | (9,716) | 49 | (39,993) | (32,401) | 23 | |
Share of results of joint ventures and associate | (2,338) | (3,329) | (30) | (3,201) | 12,242 | NM | |
Profit before taxation | 97,909 | 161,096 | (39) | 251,014 | 650,069 | (61) | |
Taxation | (30,996) | (33,999) | (9) | (79,913) | (133,744) | (40) | |
Net profit for the financial period | 66,913 | 127,097 | (47) | 171,101 | 516,325 | (67) | |
NM: Not meaningful |
STATEMENT OF COMPREHENSIVE INCOME (CONT'D)
(130,156) | (48,121) | >100 | (172,442) | (6,872) | >100 |
71,819 | - | NM | 70,760 | - | NM |
(1,183) | (655) | 81 | (448) | 2,151 | NM |
- | - | - | (130) | - | NM |
(59,520) | (48,776) | 22 | (102,260) | (4,721) | >100 |
7,393 | 78,321 | (91) | 68,841 | 511,604 | (87) |
Available-for-sale financial assets
Fair value loss
Reclassification
Foreign currency exchange differences Reclassification of foreign currency
exchange differences
Other comprehensive loss
for the financial period, net of tax
Total comprehensive income for the financial period- Ordinary shareholders of the Company | 37,202 | 97,386 | (62) | 82,937 | 428,161 | (81) |
- Holders of perpetual capital securities | 29,711 | 29,711 | - | 88,164 | 88,164 | - |
66,913 | 127,097 | (47) | 171,101 | 516,325 | (67) |
attributable to: - Ordinary shareholders of the Company | (22,318) | 48,610 | NM | (19,323) | 423,440 | NM |
- Holders of perpetual capital securities | 29,711 | 29,711 | - | 88,164 | 88,164 | - |
7,393 | 78,321 | (91) | 68,841 | 511,604 | (87) |
% %
Basic (Singapore cents) 0.31 0.80 (61) 0.69 3.50 (80)
Diluted (Singapore cents) 0.31 0.79 (61) 0.69 3.49 (80) NM: Not meaningful
1(a)(ii) Included in the profit before taxation for the financial period are the following charges and credits:
Third Quarter ended 30 September | Nine months ended 30 September | ||||||
2015 | 2014 | Change | 2015 | 2014 | Change | ||
S$'000 | S$'000 | % | S$'000 | S$'000 | % | ||
Property, plant and equipment: | |||||||
- depreciation | (71,860) | (98,227) | (27) | (243,128) | (300,380) | (19) | |
- net gain on disposal | 318 | 411 | (23) | 208 | 415 | (50) | |
- written off | (30) | (3,274) | (99) | (8,715) | (9,105) | (4) | |
- impairment loss | (6,734) | - | NM | (6,734) | - | NM | |
Amortisation of: | |||||||
- intangible assets | (5,999) | (4,167) | 44 | (15,768) | (15,308) | 3 | |
- borrowing costs | (2,926) | (2,221) | 32 | (8,178) | (7,034) | 16 | |
Share-based payment | (5,182) | (8,374) | (38) | (15,841) | (23,009) | (31) | |
Impairment loss on trade receivables | (92,466) | (39,747) | >100 | (225,349) | (180,054) | 25 | |
Inventory write-down | (69) | (48) | 44 | (142) | (668) | (79) | |
Finance charges | (11,563) | (7,495) | 54 | (31,815) | (25,367) | 25 | |
Fair value (loss)/gain on derivative financial instruments | (61,407) | (7,713) | >100 | (274,460) | 9,496 | NM | |
Impairment loss on available-for-sale financial assets | (63,374) | - | NM | (63,374) | - | NM | |
Loss on disposal of available-for-sale financial assets, net of transaction costs | (8,457) | - | NM | (7,408) | - | NM | |
Net exchange gain/(loss) | 108,715 | 22,154 | >100 | 144,011 | (8,245) | NM | |
Dividend income | 5,281 | 4,075 | 30 | 6,834 | 10,312 | (34) | |
Interest income | 15,493 | 13,777 | 12 | 44,044 | 37,255 | 18 | |
NM: Not meaningful |
distributed by |