IOI Group

In RM'000	2009	2008	2007	2006	2005
INCOME
Results
Revenue	14,600,474	14,665,369	8,952,727	6,109,668	6,072,507
Profit before taxation	1,550,117	3,095,197	1,991,073	1,152,873	1,208,423
Taxation	(486,943)	(683,010)	(340,109)	(196,158)	(121,910)
Profit for the financial year	1,063,174	2,412,187	1,650,964	956,715	1,086,513
Attribute to:
Equity holders of the company	983,517	2,231,632	1,482,104	829,002	902,220
Minority interests	79,657	180,555	168,860	127,713	184,293

BALANCE SHEET
Assets
Property, plant and equipment	4,569,636	4,519,274	4,467,810	4,164,394	3,998,661
Prepaid lease payments	872,905	822,328	826,258	790,509	800,673
Land held for property development	866,172	927,263	821,744	628,327	637,393
Investment properties	1,104,633	838,639	699,469	512,976	508,176
Other long term investments	23,131	26,198	27,699	30,376	30,699
Associates	536,492	542,071	280,924	247,385	249,441
Jointly controlled entities	1,436,763	1,515,878	161,479	-	-
Other assets	564,887	569,755	589,654	511,219	566,277
	9,974,619	9,761,406	7,875,037	6,885,186	6,791,320
Current assets	6,007,335	7,499,818	5,792,615	3,426,500	3,713,739
Non-current assets held for sale	-	-	13,190	-	-
	15,981,954	17,261,224	13,680,842	10,311,686	10,505,059

Equity and Liabilities
Share capital	624,680	613,788	625,881	605,267	559,241
Reserves	7,721,610	7,777,573	7,113,377	5,428,656	4,303,087
	8,346,290	8,391,361	7,739,258	6,033,923	4,862,328
Minority interests	426,156	965,117	856,954	746,984	1,175,183
Total equity	8,772,446	9,356,478	8,596,212	6,780,907	6,037,511
Non-current liabilities	5,932,356	5,494,836	3,938,242	2,820,939	3,653,691
Current liabilities	1,277,152	2,409,910	1,146,388	709,840	813,857
Total liabilities	7,209,508	7,904,746	5,084,630	3,530,779	4,467,548
	15,981,954	17,261,224	13,680,842	10,311,686	10,505,059

FINANCIAL RATIOS
Net operating profit after tax ("NOPAT")	1,236,314	2,553,500	1,756,196	1,086,614	1,199,783
Average shareholders' equity	8,368,826	8,065,310	6,886,591	5,448,126	4,640,240
Average capital employed¹	15,426,081	14,366,209	11,273,774	9,790,574	8,998,939

Financial statistics
Basic earnings per share (sen)	16.62	36.85	24.13	14.51	16.12
Gross dividend per share (sen)	8.0	17.0	7.0	8.7	7.0
Net assets per share (sen)	140	140	124	100	87
Return on average equity(%)	11.75	27.67	21.52	15.22	19.44
NOPAT / Average capital employed(%)	8.01	17.77	15.58	11.10	13.33
Net debt/Equity(%)²	37.08	36.65	11.67	21.01	25.76


1	Average capital employed comprises shareholders' equity, minority 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.