Appendix E: Five-year financial summary
This appendix provides a comparative overview of our key financial performance results for the last five financial years.
| Indicator | 2011–12 | 2012–13 | 2013–14 | 2014–15 | 2015–16 |
|---|---|---|---|---|---|
| Financial performance | |||||
| Net profit after tax | $82.8 m | $85.1 m | $90.1 m | $91.1 m | $104.6 m |
| Annual dividend | $49.7 m | $51.1 m | $54.0 m | $54.6 m | $62.7 m |
| Return on equity | 6.2% | 6.2% | 6.4% | 6.3% | 7.0% |
| Revenue—SLB program | $324.9 m | $353.4 m | $386.4 m | $498.0 m | $428.8 m |
| Revenue—disposals program | $53.2 m | $51.2 m | $54.6 m | $44.4 m | $59.0 m |
| Business efficiency | |||||
| Return on capital employed | 7.9% | 7.5% | 8.0% | 8.4% | 9.2% |
| Inventory (SLB) turnover | 1.9 years | 2.0 years | 1.7 years | 1.5 years | 1.8 years |
| Leverage/solvency | |||||
| Gearing ratio | 36.2% | 35.8% | 35.7% | 34.8% | 25.8% |
| Interest times cover | 4.3 | 4.2 | 5.1 | 5.8 | 7.0 |
| Current ratio | n/a | 2.7 | 2.4 | 3.1 | 4.7 |
| Liquidity ratio | n/a | 2.2 | 1.9 | 4.0 | 4.7 |
| Portfolio management | |||||
| Value of portfolio under management | $9.0 b | $9.0 b | $9.5 b | $10.0 b | $10.6 b |
| Total managed stock (stock numbers) | 18,279 | 18,304 | 18,577 | 18,872 | 18,767 |
| Constructions and acquisitions | 767 | 649 | 790 | 1,154 | 834 |
NOTES:
Financial years 2012–15 inclusive used the gearing ratio methodology of total liabilities over total assets. In 2015–16, the methodology was revised to total liabilities over equity plus total liabilities.
Liquidity ratio excludes current borrowings as borrowing items are rolled on maturity and not considered to be at risk.
