Consolidated Income Statement
Figures in THBmn
| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Operating Revenue | 9,466 | 10,182 | 11,130 |
| Gross profit | 4,189 | 4,390 | 4,578 |
| Selling and Admin. exp (SGA) | 2,838 | 3,052 | 3,176 |
| SGA (% to revenue) | 30.0% | 30.0% | 28.5% |
| Net Profit (Adjusted) of core business2 | 1,110 | 1,120 | 1,287 |
| (% to revenue) | 11.7% | 11.0% | 11.6% |
| Profit from sale of land | - | 62 | - |
| Long term employee benefit | - | - | (41) |
| Net foreign exchange gain/(loss) | (72) | (15) | (78) |
| OEM profits | 101 | 67 | 7 |
| Net losses from new businesses | (26) | (26) | (36) |
| Net profits | 1,113 | 1,206 | 1,139 |
| Operating cash inflow | 927 | 910 | 1,495 |
| % to net profits | 83.3% | 75.4% | 131.3% |
| Cash cycle (days) | 123 | 136 | 129 |
| Revenue by segments | 2017 | 2018 | 2019 |
|---|---|---|---|
| Mega We Care business | 4,955 | 5,268 | 5,476 |
| Maxxcare business | 4,044 | 4,631 | 5,414 |
| OEM | 467 | 283 | 239 |
Consolidated Balance Sheet
Figures in THBmn
| Dec'17 | Dec'18 | Dec'19 | |
|---|---|---|---|
| Cash and bank balances3 | 1,174 | 1,134 | 1,455 |
| Trade accounts receivable | 2,520 | 2,495 | 2,539 |
| Inventories | 2,219 | 2,586 | 2,856 |
| Property, plant and equipment4 | 1,221 | 1,460 | 1,802 |
| Intangible assets5 | 734 | 1,019 | 992 |
| Other assets | 852 | 913 | 889 |
| Total Assets | 8,720 | 9,606 | 10,533 |
| Debt | 512 | 960 | 890 |
| Trade Payables | 1,598 | 1,691 | 2,020 |
| Other Liabilities | 1,365 | 1,232 | 1,448 |
| Total Outside Liabilities | 3,475 | 3,882 | 4,358 |
| Shareholder Equity | 5,244 | 5,724 | 6,175 |
| Total Liabilities and Equity | 8,720 | 9,606 | 10,533 |
| Key Balance Sheet elements | 2017 | 2018 | 2019 |
|---|---|---|---|
| Net cash/(debt) (THBmn) | 662 | 174 | 565 |
| Net investment capex6 (THBmn) | 307 | 760 | 540 |
| Net debt/Equity (times) | (0.13) | (0.03) | (0.09) |
- Pursuant to TFRS 15, Revenue from contracts with customers, previous year numbers between operating revenue, SG&A and interest income are re-classified.
- Net profit (Adjusted) are net profit adjusted for non-recurring items, forex gains or losses, impacts from newly started businesses (includes startups and projects with gestation) and profits from non-core business (OEM), to reflect normal business performance.
- Cash and bank balances as at balance sheet dates include non - restricted term deposits with banks.
- Property, plant and equipment includes assets classified as investment property in audited financial statement.
- Intangible assets includes goodwill arising from acquisition of Bio-Life Marketing Sdn. Bhd., a company based out of Malaysia.
- Net investment capex includes investment in property plant and equipments, business acquisitions and investment in joint ventures and associates.
