IOI Group

In RM'000	2011	2010	2009	2008	2007
INCOME
Results
Revenue	16,154,251	12,542,962	14,600,474	14,665,369	8,952,727
Profit before taxation	2,863,612	2,550,633	1,550,117	3,095,197	1,991,073
Taxation	(573,099)	(485,517)	(486,943)	(683,010	(340,109)
Profit for the financial year	2,290,513	2,065,116	1,063,174	2,412,187	1,650,964
Attribute to:
Owners of the parent	2,222,899	2,035,661	983,517	2,231,632	1,482,104
Non-controlling interests	67,614	29,455	79,657	180,555	168,860

BALANCE SHEET
Assets
Property, plant and equipment	5,677,476	5,434,932	5,410,865	5,309,829	5,262,839
Prepaid lease payments	30,007	29,506	31,676	31,773	31,229
Land held for property development	834,513	913,328	866,172	927,263	821,744
Investment properties	1,062,529	1,113,545	1,104,633	838,639	699,469
Other long term investments	–	29,783	23,131	26,198	27,699
Associates	668,074	572,223	536,492	542,071	280,924
Jointly controlled entities	3,099,132	1,549,245	1,436,763	1,515,878	161,479
Other assets	580,283	540,745	564,887	569,755	589,654
	11,952,014	10,183,307	9,974,619	9,761,406	7,875,037
Current assets	7,703,105	7,160,110	6,007,335	7,499,818	5,792,615
Non-current assets held for sale	-	-	-	-	13,190
	19,655,119	17,343,417	15,981,954	17,261,224	13,680,842

Equity and Liabilities
Share capital	641,603	667,552	624,680	613,788	625,881
Reserves	11,357,574	10,112,629	7,721,610	7,777,573	7,113,377
	11,999,177	10,780,181	8,346,290	8,391,361	7,739,258
Non-controlling interests	262,221	289,292	426,156	965,117	856,954
Total equity	12,261,398	11,069,473	8,772,446	9,356,478	8,596,212
Non-current liabilities	5,105,693	4,841,310	5,932,356	5,494,836	3,938,242
Current liabilities	2,288,028	1,432,634	1,277,152	2,409,910	1,146,388
Total liabilities	7,393,721	6,273,944	7,209,508	7,904,746	5,084,630
	19,655,119	17,343,417	15,981,954	17,261,224	13,680,842

FINANCIAL RATIOS
Net operating profit after tax ("NOPAT")	2,417,949	2,230,994	1,236,314	2,553,500	1,756,196
Average shareholders' equity	11,389,679	9,563,236	8,368,826	8,065,310	6,886,591
Average capital employed¹	17,229,164	15,611,863	15,426,081	14,366,209	11,273,774

Financial statistics
Basic earnings per share (sen)	34.75	32.96	16.62	36.85	24.13
Gross dividend per share (sen)	17.0	17.0	8.0	17.0	7.0
Net assets per share (sen)	187	169	140	140	124
Return on average equity(%)	19.52	21.29	11.75	27.67	21.52
NOPAT / Average capital employed(%)	14.03	14.29	8.01	17.77	15.58
Net debt/Equity(%)²	21.77	8.16	37.08	36.65	11.67


1	Average capital employed comprises shareholders’ equity, non-controlling interests, long term liabilities, short term borrowings and deferred taxation.
2	Net debt represents total bank borrowings less short term funds, deposits with financial institutions and cash and bank balances.