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Summary............................................................................................................3
Introduction........................................................................................................4
Financial ratios...................................................................................................5
Turnover ratios................................................................................................5
Liquidity ratios................................................................................................6
1
Leverage ratio.................................................................................................7
Profitability ratio..............................................................................................8
Financial ratios on graphs..................................................................................9
Turnover ratios................................................................................................9
Liquidity ratios and Leverage ratios..............................................................10
Profitability ratio............................................................................................11
Financial background of company.............................................................12
2013..............................................................................................................12
STATEMENTS OF FINANCIAL POSITION AT 31 DECEMBER 2013.....12
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013............................14
STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31
DECEMBER 2013........................................................................................16
STATEMENTS OF CASH FLOWS...................................................................17
FINANCIAL STATEMENTS...................................................................................21
2014/2015.....................................................................................................21
STATEMENTS OF FINANCIAL POSITION.......................................................21
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
...................................................................................................................23
STATEMENTS OF CHANGES IN EQUITY.......................................................25
STATEMENTS OF CASH FLOWS...................................................................26
FINANCIAL REPORT...........................................................................................30
For the financial year ended 31 March 2016................................................30
STATEMENTS OF FINANCIAL POSITION.......................................................30
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
...................................................................................................................32
STATEMENTS OF CHANGES IN EQUITY.......................................................34
STATEMENTS OF CASH FLOWS...................................................................35
Conclusion........................................................................................................39
References.......................................................................................................40
Summary
Datasonic Group Berhad was incorporated under the Act on 13 March 2008 as a
public limited company. Company subsequently converted to a private limited
company on 22 June 2011 to facilitate the acquisition of Datasonic Corporation Sdn
Bhd, Datasonic Technologies Sdn Bhd and Datasonic Smart Solutions Sdn Bhd.
In this paper we analyze some financial ratios based on last three years, respectively
2014, 2016 and 2016. Also, financial background of the company in these years.
Introduction
Datasonic Group is involved in the provision of ICT solutions including the smart
card personalization (such as secure ID or chip-based credit / debit / bank cards),
customization of software and hardware solutions, project management, consultancy,
R&D and technical consultancy services. Its history began with the operations of
Datasonic Corporation Sdn Bhd (Datasonic Corporation) which was incorporated
on 22 October 1980. Datasonic Corporation was originally named Bumi Packaging &
Storage (M) Sdn Bhd. At the initial stage, the company was selling ICT products in
the form of computer forms and credit card imprinters to financial institutions in
Malaysia.
The company then subsequently ventured into the personalization services and started
3
Financial ratios
Turnover ratios
1. Account receivable turnover = cost of goods sales / Inventory
2014: 122601000 / 2182000 = 56.19
2015: 135977000 / 2673000 = 50.87
2016: 260741000 / 4071000 = 64.05
2. Inventory turnover = costs of good sold/inventory
2014: 122601000 / 2182000 = 56.19
2015: 135977000 / 2673000 = 50.87
2016: 260741000 / 4071000 = 64.05
3. Days sales in Inventory = Cost of goods sold / Inventory
2014: 122601000 / 2182000 = 56.19
2015: 135977000 / 2673000 = 50.87
2016: 260741000 / 4071000 = 64.05
4. Price earnings ratio = Price per share / Earnings per share
4
Liquidity ratios
1. Current ratio = Current assets/ Current liabilities
2014: 209584000 / 45838000 = 4.57
2015: 203418000 / 40960000 = 4.97
2016: 225328000 / 15981000 = 14.10
2. Quick ratio = (Current asset -Inventory)/Current liabilities
2014: (209584000-2182000) / 45838000 = 4.52
2015: (203418000-2673000) / 40960000 = 4.90
2016: (225328000-4071000) / 83048000 = 2.66
3. Days sales in receivables = 365 days / Receivable turnover
2014: 365 days / 56.19 = 6.50
2015: 365 days / 50.87 = 7.18
2016: 365 days / 64.05 = 5.70
4. Total asset turnover = Sales / Total assets
2014: 260741000 / 358576000 = 0.73
2015: 285172000 / 365945000 = 0.78
2016: 241310000 / 405061000 = 0.60
5. Capital intensity = Total assets / Sales
2014: 358576000 / 260741000 = 1.38
2015: 365945000 / 285172000 = 1.28
2016: 405061000 / 241310000 = 1.68
5
Leverage ratio
1. Debt ratio = Total assets Total equity / Total assets
2014: (358576000-177937000) / 358576000 = 0.50
2015: (365945000-222859000) / 365945000 = 0.39
2016: (405061000-245250000) / 405061000 = 0.39
2. Debt to equity ratio = Total debt / Total equity
2014: 180639000 / 177937000 = 1.02
2015: 143086000 / 222859000 = 0.64
2016: 159811000 / 245250000 = 0.65
3. Equity multiplier = Total assets / Total equity
2014: 358576000 / 177937000 = 2.02
2015: 365945000 / 222859000 = 1.64
2016: 405061000 / 245250000 = 1.65
Profitability ratio
1. Profit margin = Net income / Sales
2014: 81899000 / 260741000 = 0.31
2015: 71824000 / 285172000 = 0.25
2016: 62891000 / 241310000 = 0.26
2. Return on Assets (ROA) = Net income / Total assets
2014: 81899000 / 358576000 = 0.23
2015: 71824000 / 365945000 = 0.20
2016: 62891000 / 405061000 = 0.16
3. Return on Equity (ROE) = (Net income / Sales) * (Sales / Assets) * (Assets /
Equity)
2014: 0.31*0.73*2.02 = 0.46
2015: 0.25*0.78*1.64 = 0.32
2016: 0.26*0.60*1.65 = 0.26
Turnover ratios
64.05
56.19
56.19
50.87
50.87
2015
2016
16.91
2014
A/R Turnover
Inventory Turnover
In this graph in we may see account receivable turnover and inventory turnover
presenting as favorable. In addition both are representing same numbers. On the other
hand compare with days sales in inventory is unfavorable. If we refer to indexes on
the graph we may days sales in inventory negative.
Liquidity
ratios
Liquidity ratios
0.08
0.04
0.37
0.07
0.04
0.38
0.07
0.02
0.23
0.11
0.26
0.26
0.26
0.26
2014
2015
0.57
2016
Current ratio
Quick ratio
Capital intensity
Leverage ratio
0.57
0.61
0.61
0.24
0.24
0.14
0.15
0.14
2014
2015
2016
0.29
Debt ratio
Equity multiplier
The most favorable ratio has represented by debt ratio and debt equity ratio. Debt
ratio itself decreased 0.11 % within three years. As same goes debt equity ratio from
1.02 to 0.65 it decreased with difference of 0.37 %. It is good index for company.
Nevertheless, equity multiplier is described as the most unfavorable ratio.
Profitability ratio
0.46
0.23
0.42
0.38
0.24
0.26
0.38
0.31
0.32
2014
2015
Profit margin
2016
ROA
ROE
Profitability ratio
Overall, idea looking at the table we may say that it is favorable. For instance, profit
margin and return on asset are increasing order in three years respectively. It is good
performance index for company. However, return on equity line remaining same
between those three years. It means it is unfavorable, and no change on the equity of
the company.
10
Note
Group
2013
2012
RM000
RM000
Company
2013
2012
RM000
RM000
5
6
7
8
146,585
110
2,297
51,552
110
3,668
15,839
28,639
-
550
28,639
-
148,992
55,330
44,478
29,189
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment
Investments in subsidiaries
Other investment
Development expenditures
CURRENT ASSETS
Projects-in-progress
9
Inventories
10
Trade receivables
11
Other receivables, deposits and
prepayments
12
Amount owing by subsidiaries 13
Tax recoverable
Deposits with licensed banks 14
Cash and bank balances
14
TOTAL ASSETS
15
30,554
2,182
137,985
57,073
6,162
72,563
3,439
8,282
27,142
926
2,931
35,705
7,611
1,020
26,021
2,203
2,779
47
14,095
30,129
2,623
209,584
-
182,971
2,523
32,023
-
46,894
-
209,584
185,494
32,023
46,894
358,576
240,824
76,501
76,083
2012
RM000
Company
2013
2012
RM000
RM000
11
16
17
18
67,500
7,033
(11,072)
45,000
29,533
(11,072)
67,500
7,033
-
45,000
29,533
-
19
114,476
47,202
1,114
(11)
TOTAL EQUITY
177,937
110,663
75,647
74,522
NON-CURRENT LIABILITIES
Long-term borrowings
20
Deferred taxation
23
134,730
71
75,704
329
112
24
25
134,801
76,033
136
25
17,113
9,868
7,984
17,606
673
490
16,865
1,992
3,808
24,730
-
18
27
629
417
45,838
54,128
718
1,536
180,639
130,161
854
1,561
358,576
240,824
76,501
76,083
26.36
16.39
CURRENT LIABILITIES
Trade payables
24
Other payables and accruals
25
Amount owing to former
holding
company
26
Short-term borrowings
27
Provision for taxation
TOTAL LIABILITIES
TOTAL
EQUITY
LIABILITIES
AND
REVENUE
COST OF SALES
2013
Note RM000
Group
2012
RM000
Company
2013
RM000
2012
RM000
30
178,729
24,925
7,888
260,741
(122,601) (104,119)
12
GROSS PROFIT
OTHER INCOME
138,140
74,610
24,925
7,888
3,320
466
681
297
141,460
75,076
25,606
8,185
(40,494)
(38,050)
(9,453)
(7,456)
100,966
37,026
16,153
729
33
(7,222)
(1,594)
(4)
34
93,744
35,432
16,149
729
(11,845)
(7,314)
(399)
(692)
81,899
28,118
15,750
37
31
ADMINISTRATIVE
EXPENSES
FINANCE COSTS
PROFIT
TAXATION
BEFORE
Note
PROFIT
AFTER
TAXATION
ATTRIBUTABLE TO:Owners of the Company
Group
2013
RM000
81,899
2012
RM000
Company
2013
RM000
2012
RM000
28,118
15,750
37
TOTAL
COMPREHENSIVE
INCOME
13
ATTRIBUTABLE
TO:Owners of the Company
81,899
28,118
Basic
12.13
4.91
Diluted
Not
Applicable
15,750
37
Not
Applicable
Company
At 1 January 2013
Profit
after
taxation/Total
comprehensive
income for the financial year
< -- Non-Distributable
-- >
Distributable
(Accumulated
Losses)/
Share
Share
Retained
Total
Capital
Premium Profits
Equity
Note RM000 RM000
RM000
RM000
45,000
29,533
(11)
74,522
15,750
15,750
issue
- dividends paid by the Company 29
22,500
-
(22,500)
-
(14,625)
(14,625)
22,500
(22,500)
(14,625)
(14,625)
At 31 December 2013
67,500
7,033
1,114
75,647
At 1 January 2012
Profit
after
taxation/Total
comprehensive
income for the financial year
(48)
(48)
37
37
28,639
6,174
10,187
30,561
28,639
6,174
40,748
45,000
30,561
75,561
Listing expenses
(1,028)
(1,028)
At 31 December 2012
45,000
29,533
(11)
74,522
Note
CASH FLOWS FROM/(FOR)
OPERATING ACTIVITIES
Profit before taxation
Adjustments for:Allowance for impairment losses on
development expenditures
Allowance for impairment losses on
inventories
Allowance for impairment losses on
trade receivables
Depreciation of property, plant and
equipment
Development expenditures expensed off
Dividend income
Equipment written off
Inventories written off
Interest expense
Interest income
Gain on disposal of assets held for sale
Gain on disposal of equipment
Writeback of impairment losses on
trade receivables
Writeback of inventories written down
Unrealised loss/(gain) on foreign
exchange
Group
2013
RM000
2012
RM000
Company
2013
RM000
2012
RM000
93,744
35,432
16,149
729
1,222
3,600
85
288
16,739
1,061
37
7,222
(801)
(2,477)
(35)
1,856
4,954
26
1,594
(402)
(49)
396
(15,500)
5
4
(676)
-
132
(297)
-
(19)
(7)
264
(26)
15
120,578
43,732
378
564
26,519
380
(50,527)
(4,214)
(67,914)
1,104
(45,910)
7,850
(973)
183
1,232
475
2,252
(2,677)
(2,306)
21,211
78,361
(7,180)
(7,222)
(27,858)
(13,966)
(1,594)
1,840
(790)
(4)
(406)
(250)
-
63,959
(43,418)
1,046
(656)
16
2012
RM000
Company
2013
RM000
2012
RM000
63,959
(43,418)
1,046
(656)
801
(1,099)
38
402
(2,880)
49
676
15,500
(14,198)
-
297
(6,567)
-
5,000
(111,625)
(42,849)
(15,670)
(47)
(106,885)
(45,278)
(14,625)
-
(7,000)
(14,625)
-
(1,502)
140
1,502
-
(629)
140
(10)
59,807
72,375
(10)
-
(6,358)
(1,165)
-
22,894
(7,058)
39,720
39,720
36,287
122,433
(15,124)
39,723
NET (DECREASE)/INCREASE IN
CASH AND CASH EQUIVALENTS
(6,639)
33,737
(27,770)
32,750
42,063
8,326
32,752
35,424
42,063
4,982
32,752
Note
NET CASH FROM/(FOR)
OPERATING ACTIVITIES/
BALANCE BROUGHT FORWARD
CASH FLOWS FOR
INVESTING ACTIVITIES
Interest received
Dividend received
Development expenditures paid
Advances to subsidiaries
Proceeds from disposal of equipment
Proceeds from disposal of
assets held for sale
Purchase of property, plant and
equipment
NET CASH FOR INVESTING
ACTIVITIES
(13,692)
(6,317)
14
17
FINANCIAL STATEMENTS
2014/2015
For the financial period from 1 January 2014 to 31 March 2015
STATEMENTS OF FINANCIAL POSITION AT 31 MARCH 2015
Note
Group
31.3.2015 31.12.2013
RM000
RM000
Company
31.3.2015
31.12.2013
RM000
RM000
140,557
-
18,248
50,570
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment 5
Investments in subsidiaries
6
146,585
-
15,839
28,639
18
Investment in an associate
Other investment
Goodwill
Development expenditures
Trade receivables
7
8
9
10
11
CURRENT ASSETS
Projects-in-progress
12
Inventories
13
Trade receivables
11
Other receivables, deposits and
prepayments
14
Amounts
owing
by
subsidiaries
15
Tax recoverable
Deposits with licensed banks 16
Cash and bank balances
16
TOTAL ASSETS
110
4,153
11,125
6,582
110
2,297
-
90
-
162,527
148,992
68,908
44,478
41,003
2,673
101,073
30,554
2,182
137,985
1,828
3,439
237
1,020
7,858
3,965
45,018
8,282
27,142
94,565
186
74
1,182
26,021
2,203
2,779
203,418
209,584
96,244
32,023
365,945
358,576
165,152
76,501
Company
31.3.2015
31.12.2013
RM000
RM000
17
18
19
135,000
(11,072)
67,500
7,033
(11,072)
135,000
-
67,500
7,033
-
20
2
98,919
114,476
13,723
1,114
222,849
10
177,937
-
148,723
-
75,647
-
TOTAL EQUITY
222,859
177,937
148,723
75,647
19
NON-CURRENT LIABILITIES
Long-term borrowings
21
Deferred tax liabilities
25
CURRENT LIABILITIES
Trade payables
Other payables and accruals
Short-term borrowings
Provision for taxation
26
27
28
TOTAL LIABILITIES
TOTAL
EQUITY
LIABILITIES
102,062
64
134,730
71
13,151
35
112
24
102,126
134,801
13,186
136
1,537
7,126
32,297
-
17,113
9,868
16,865
1,992
472
2,771
-
673
18
27
40,960
45,838
3,243
718
143,086
180,639
16,429
854
365,945
358,576
165,152
76,501
16.51
13.18
AND
Note
1.1.2014
to
31.3.2015
RM000
Group
1.1.2013
to
31.12.2013
RM000
Company
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
31
285,172
260,741
116,262
24,925
COST OF SALES
(135,977)
(122,601)
GROSS PROFIT
149,195
138,140
116,262
24,925
943
3,320
747
681
150,138
141,460
117,009
25,606
(65,528)
(40,494)
(15,737)
(9,453)
84,610
100,966
101,272
16,153
(8,983)
(7,222)
(520)
(4)
75,627
93,744
100,752
16,149
REVENUE
OTHER INCOME
32
ADMINISTRATIVE EXPENSES
FINANCE COSTS
34
SHARE OF RESULT IN AN
20
(90)
35
75,537
93,744
100,752
16,149
36
(3,715)
(11,845)
(676)
(399)
71,822
81,899
100,076
15,750
TOTAL COMPREHENSIVE
INCOME FOR THE
FINANCIAL PERIOD/YEAR
71,824
81,899
100,076
15,750
Note
PROFIT
AFTER
TAXATION
ATTRIBUTABLE TO:Owners of the Company
Non-controlling interests
TOTAL
COMPREHENSIVE
INCOME
ATTRIBUTABLE
TO:Owners of the Company
Non-controlling interests
Group
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
Company
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
71,910
(88)
81,899
-
100,076
-
15,750
-
71,822
81,899
100,076
15,750
71,912
(88)
81,899
-
100,076
-
15,750
-
71,824
81,899
100,076
15,750
5.33
6.07
21
Diluted
Not
Applicable
Not
Applicable
Company
At 1 January 2014
Profit
after
taxation/Total
comprehensive
income for the financial period
67,500
7,033
1,114
75,647
100,076
100,076
67,500
-
(7,033)
-
(60,467)
(27,000)
(27,000)
67,500
(7,033)
(87,467)
(27,000)
At 31 March 2015
135,000
13,723
148,723
At 1 January 2013
Profit
after
taxation/Total
comprehensive
income for the financial year
45,000
29,533
(11)
74,522
15,750
15,750
issue
- dividends paid by the Company
22,500
-
(22,500)
-
(14,625)
(14,625)
22,500
(22,500)
(14,625)
(14,625)
At 31 December 2013
67,500
7,033
1,114
75,647
30
Note
CASH FLOWS FROM/(FOR)
OPERATING ACTIVITIES
Profit before taxation
Adjustments for:Allowance for impairment losses on:
- development expenditures
- inventories
- trade receivables
Depreciation of property, plant and
equipment
Development expenditures expensed off
Equipment written off
Interest expense
Share of result in an associate
Bad debts recovered
Dividend income
Interest income
Gain on disposal of assets held for sale
Gain on disposal of equipment
Writeback of impairment losses on
trade receivables
Unrealised (gain)/loss on foreign
exchange
Operating profit/(loss) before working
capital changes
(Increase)/Decrease in projects-inprogress
Decrease in inventories
Decrease/(Increase) in trade and other
receivables
(Decrease)/Increase in trade and
other payables
(Increase)/Decrease in amounts
owing by subsidiaries
Increase in amount owing by
former holding company
Group
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
1.1.
75,537
93,744
100
195
-
1,222
3,600
2
35,869
811
3
8,983
90
(30)
(897)
-
16,739
1,061
37
7,222
(801)
(2,477)
(35)
926
520
(10
(73
-
(11)
(208)
264
120,342
120,578
(53
(10,449)
1,370
26,519
380
41,690
(67,914)
783
(18,881)
1,104
(20
(1,1
(2,306)
23
31.3
134,072
(13,572)
(8,983)
78,361
(7,180)
(7,222)
(1,1
(87
(52
111,517
63,959
(2,5
Company
1.1.2014
1.1.2013
to
to
31.3.2015
31.12.2013
RM000
RM000
24
111,517
63,959
(2,543)
1,046
(16,903)
(21,878)
(90)
897
(9,639)
801
(912)
(53)
(90)
737
27,500
-
676
15,500
-
38
7,130
-
(14,198)
-
5,000
(28,014)
(111,812)
(3,321)
(15,670)
2,169
(504)
(20)
(51,580)
(107,389)
10,005
(13,692)
59,937
(43,430)
7,462
(12,646)
Note
BALANCE BROUGHT FORWARD
Group
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
Company
1.1.2014
to
31.3.2015
RM000
1.1.2013
to
31.12.2013
RM000
59,937
(43,430)
7,462
(12,646)
(27,000)
(14,625)
(27,000)
(14,625)
25
company
Drawdown of hire purchase
Repayment of hire purchase
obligations
Drawdown/(Repayment) of trade
financing
Drawdown of term loans
Repayment of term loans
Drawdown of term financing
Repayment of term financing
(1,502)
140
(629)
140
(22)
(10)
(22)
(10)
12,277
10,353
(55,658)
17,600
(1,786)
(6,358)
59,807
(1,165)
-
17,600
(1,786)
(44,236)
36,287
(11,208)
(15,124)
NET INCREASE/(DECREASE) IN
CASH AND CASH EQUIVALENTS
15,701
(7,143)
(3,746)
(27,770)
EFFECTS OF FOREIGN
EXCHANGE TRANSLATION
27
29,344
36,487
4,982
32,752
45,072
29,344
1,236
4,982
16
FINANCIAL REPORT
For the financial year ended 31 March 2016
STATEMENTS OF FINANCIAL POSITION AT 31 MARCH 2016
Note
Group
2016
2015
RM000
RM000
Company
2016
2015
RM000
RM000
5
6
7
8
9
10
11
121,596
110
4,153
46,722
7,152
140,557
110
4,153
11,125
6,582
17,534
90,004
90
-
18,248
50,570
90
-
179,733
162,527
107,628
68,908
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment
Investments in subsidiaries
Investment in an associate
Other investment
Goodwill
Development expenditures
Trade receivables
CURRENT ASSETS
26
Projects-in-progress
12
Inventories
13
Trade receivables
11
Other receivables, deposits and
prepayments
14
Amount owing by subsidiaries 15
Tax recoverable
Short-term investments
16
Deposits with licensed banks 17
Cash and bank balances
17
TOTAL ASSETS
38,394
4,077
123,914
41,003
2,673
101,073
3,256
12,517
20,827
7,044
15,299
1,828
7,858
3,965
45,018
271
49,505
387
20,827
21
1,949
237
94,565
186
74
1,182
225,328
203,418
72,960
96,244
405,061
365,945
180,588
165,152
Company
2016
2015
RM000
RM000
2015
RM000
18
20
135,000
(11,072)
135,000
(11,072)
135,000
-
135,000
-
1
121,467
2
98,919
17,560
13,723
245,396
(146)
222,849
10
152,560
-
148,723
-
TOTAL EQUITY
245,250
222,859
152,560
148,723
NON-CURRENT LIABILITIES
Long-term borrowings
21
Deferred tax liabilities
25
75,605
1,158
102,062
64
10,226
-
13,151
35
76,763
102,126
10,226
13,186
CURRENT LIABILITIES
27
Trade payables
Other payables and accruals
Amount owing to a subsidiary
Short-term borrowings
Dividend payable
26
27
15
28
29
TOTAL LIABILITIES
TOTAL
EQUITY
LIABILITIES
9,943
10,116
49,489
13,500
1,537
7,126
32,297
-
978
400
2,924
13,500
472
2,771
-
83,048
40,960
17,802
3,243
159,811
143,086
28,028
16,429
405,061
365,945
180,588
165,152
18.18
16.51
AND
Note
Year
1.4.2015
to
31.3.2016
RM000
Group
15-month
period
1.1.2014
to
31.3.2015
RM000
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
32
241,310
285,172
55,932
116,262
COST OF SALES
(112,429)
(135,977)
GROSS PROFIT
128,881
149,195
55,932
116,262
1,387
943
2,354
747
130,268
150,138
58,286
117,009
(59,955)
(65,528)
(13,050)
(15,737)
70,313
84,610
45,236
101,272
(5,213)
(8,983)
(755)
(520)
65,100
75,627
44,481
100,752
(90)
REVENUE
OTHER INCOME
33
ADMINISTRATIVE EXPENSES
FINANCE COSTS
35
SHARE OF RESULT IN AN
ASSOCIATE, NET OF TAX
Company
36
65,100
75,537
44,481
100,752
37
(2,208)
(3,715)
(144)
(676)
62,892
71,822
44,337
100,076
28
(1)
TOTAL COMPREHENSIVE
INCOME FOR THE
FINANCIAL YEAR/PERIOD
62,891
71,824
44,337
100,076
Company
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
63,048
(156)
71,910
(88)
44,337
-
100,076
-
62,892
71,822
44,337
100,076
63,047
(156)
71,912
(88)
44,337
-
100,076
-
62,891
71,824
44,337
100,076
Basic
4.67
5.33
Diluted
Not Applicable
Note
PROFIT AFTER TAXATION
ATTRIBUTABLE TO:Owners of the Company
Non-controlling interests
TOTAL COMPREHENSIVE
INCOME ATTRIBUTABLE
TO:Owners of the Company
Non-controlling interests
38
Not Applicable
Distributable
Retained
29
Total
Company
Capital
Note RM000
Premium
RM000
Profits
RM000
Equity
RM000
At 1 April 2015
135,000
13,723
148,723
44,337
44,337
(40,500)
(40,500)
At 31 March 2016
135,000
17,560
152,560
At 1 January 2014
67,500
7,033
1,114
75,647
100,076
100,076
67,500
-
(7,033)
-
(60,467)
(27,000)
(27,000)
67,500
(7,033)
(87,467)
(27,000)
At 31 March 2015
135,000
13,723
148,723
Company
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
65,100
75,537
44,481
100,752
94
195
30
equipment
Development expenditures expensed off
Equipment written off
Interest expense
Share of result of an associate
Bad debts recovered
Dividend income
Interest income
Gain on disposal of equipment
Unrealised gain on foreign exchange
Writeback of impairment losses on:
- trade receivables
- inventories
30,674
189
37
5,213
(1,300)
(10)
(670)
35,869
811
3
8,983
90
(30)
(897)
(208)
879
5
755
(45,000)
(1,100)
-
926
520
(102,000)
(737)
-
(2)
(109)
(11)
-
99,216
120,342
20
(539)
784
(1,389)
(10,449)
1,370
(24,837)
41,690
(34)
783
12,048
(18,881)
506
(201)
252
(1,188)
85,822
(5,773)
(5,213)
134,072
(13,572)
(8,983)
744
(380)
(755)
(1,145)
(878)
(520)
74,836
111,517
(391)
(2,543)
31
STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016
(CONTD)
Group
Company
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
74,836
111,517
(391)
(2,543)
1,300
(35,786)
(20,827)
32
(16,903)
(90)
897
(9,639)
-
(#)
1,100
30,000
20,385
(20,827)
-
(21,878)
(53)
(90)
737
27,500
7,130
-
(9,947)
(28,014)
(181)
(3,321)
(1,832)
2,169
(1)
(20)
(67,060)
(51,580)
30,476
10,005
7,776
59,937
30,085
7,462
Note
BALANCE BROUGHT FORWARD
CASH FLOWS (FOR)/FROM
INVESTING ACTIVITIES
Acquisition of subsidiaries, net of cash
and cash equivalents
39
Increase in investments in subsidiaries
Acquisition of an associate
Interest received
Dividend received
Development expenditures paid
Repayment from subsidiaries
Purchase of short-term investments
Proceeds from disposal of equipment
Purchase of property, plant and
equipment
(Placement)/Withdrawal of deposits
pledged to licensed banks
32
STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016
(CONTD)
Group
Note
BALANCE BROUGHT FORWARD
Company
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
Year
1.4.2015
to
31.3.2016
RM000
15-month
period
1.1.2014
to
31.3.2015
RM000
7,776
59,937
30,085
7,462
(27,000)
530
(27,000)
-
(27,000)
-
(27,000)
-
(42)
11,906
13,818
(37,724)
(2,753)
-
(22)
12,277
10,353
(55,658)
17,600
(1,786)
-
(19)
(2,753)
400
(22)
17,600
(1,786)
-
(41,265)
(44,236)
(29,372)
(11,208)
NET (DECREASE)/INCREASE IN
CASH AND CASH EQUIVALENTS
(33,489)
15,701
713
(3,746)
EFFECTS OF FOREIGN
EXCHANGE TRANSLATION
17
27
45,072
29,344
1,236
4,982
11,600
45,072
1,949
1,236
17
Conclusion
In summary, if we look through, the two new five-year passport projects namely
passport chips and passport booklets that were secured are major accomplishments
and will contribute positively to companys earnings and help in its expansion plans
overseas. Recently, company is working hard to secure more security related ICT
projects for further growth, profitability and contribute towards nation building. Given
33
the existing book orders derived mostly from Government-related projects as well as
several prospects they working on, the prospects for growth for Datasonic is positive
as the Group is expected to perform satisfactorily in the next financial year ending
31 March 2017, barring any unforeseen circumstances.
References
(n.d.). Retrieved from
http://klse.i3investor.com/financial/annual/5216/31-Dec-2012_2470320683.jsp
(n.d.). Retrieved from
http://klse.i3investor.com/servlets/stk/annrep/5216.jsp
Datasonic. (n.d.). Retrieved from http://datasonic.com.my/
Statements, F. (2015). Datasonic group berhad, (January 2014).
34
35