Financial Highlights

The following table sets out a summary of the proforma audited consolidated results of the Group for the past five (5) financial years ended 31 December 2004, prepared on the assumption that the Group has been in existence throughout the period under review. The proforma consolidated results are prepared for illustrative purposes only and should be read in conjunction with the accompanying notes and assumptions included in the Accountants’ Report set out in Section 11 of this Prospectus.

 
v------- FYE 31 December ------->

 

2000

2001

2002

2003

2004

 

RM'000

RM'000

RM'000

RM'000

RM'000

 

 

 

 

 

 

Revenue

90,804

117,560

254,211

210,856

223,800

Gross Profit

2,764

4,540

9,336

13,973

15,532

Profit before finance costs, taxation, depreciation and amortisation

1,734

2,464

5,972

6,982

 

 

9,872

Net finance costs

(8)

(23)

(49)

(29)

>(107)

Depreciation and amortisation

(85)

(271)

(450)

(577)

(678)

Profit before taxation and share of associated company's result

1,641

2,170

5,473

8,376

 

 

9,087

Share of associated company's result

-

-

-

599

 

1,788

Net profit before taxation

1,641

2,170

5,473

8,975

10,875

Taxation

(417)

(598)

(1,991)

(2,577)

(2,529)

Adjustment pursuant to MASB 25

-

(64)

(2)

(18)

 

-

Profit from ordinary activity

1,224

1,508

3,480

6,380

8,346

Minority interest

-

39

11

24

(12)

Net profit after taxation

1,224

1,547

3,491

6,404

8,334

Number of Tanjung Shares assumed in issue (Ô000) *

36,423

36,423

36,423

36,423

36,423

Gross EPS (sen)

4.51

5.96

15.03

24.64

29.86

Net EPS (sen)

3.36

4.25

9.58

17.58

 

22.88

Note:
* The number of ordinary shares assumed in issue throughout the financial years under review is the number of ordinary shares in issue after acquisition of TOS i.e. 36,423,136 ordinary shares of RM0.50 each.

The detailed commentaries on the historical performance of the Tanjung Group is set out in the Accountants’ Report included in Section 11 of this Prospectus.