Solve for Times Interest Earned Ratio
Calculate ratios for group 2020 using the times interest earned formula.
Times Interest Earned Formula = (Income Before Interest Expenses & Income tax) divided by Interest Expense
Please make sure all work is shown clearly and fully visible. MAKE SURE ALL VALUES ARE SHOWN CLEARLY AND NOT CROPPED OUT
Group 2019 RM'000 2020 RM'000 Note Company 2019 RM'000 2020 RM'000 8,113 8,115 1,689,670 154,568 213,959 1,586,926 110,194 213.959 3 4 5 6 7 8 451,633 444.668 9 441,360 31,271 165,310 2,112 2,698,250 433,295 26,582 243,986 2.443 2,617,385 2,000 5,916 74,390 542,052 10 7,586 81.540 541,909 10 11 812 452,393 332 748,796 1,202,333 3,900,583 921 395,308 166 506,954 903,349 3,520,734 11 1.021.923 34 110,925 1,132,882 1,674,934 959,095 33 31.866 990,994 1,532,903 Assets Property, plant and equipment Right-of-use assets Intangible assets Investments in subsidiaries Investments in associates Other investments Deferred tax assets Trade and other receivables Total non-current assets Tax recoverable Trade and other receivables Restricted cash Cash and cash equivalents Total current assets Total assets Equity Share capital Reserves Equity attributable to owners of the Company Non-controlling interests Total equity Liabilities Loans and borrowings Lease liabilities Trade and other payables Deferred tax liabilities Total non-current liabilities Loans and borrowings Lease liabilities Trade and other payables Provision for tax Total current liabilities Total Liabilities Total equity and liabilities 12 13 1,340,475 1,704,450 3,044,925 5,367 3,050,292 1.200,135 1,566,722 2,766,857 1,340.475 326,895 1,667,370 1.200,135 273,021 1,473,156 2,766,857 1,667,370 1,473,156 14 15 16 9 28,675 118,373 301,616 15,171 463,835 43,402 86,111 214,017 13,872 357,402 4,166 55,791 14 15 16 18,122 18,851 344,335 5,148 386,456 850,291 3,900,583 69,948 14,229 308,486 3,812 396,475 753,877 3,520,734 3,087 311 7.564 7,564 1,674,934 3,800 156 59,747 59,747 1,532,903 Statements of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2020 Note 2020 RM'000 266,089 Company 2019 RM'000 188,413 17 18 2020 RM'000 1,223,169 (490,614 732,555 578 (284,6031 Group 2019 RM 000 1,113,873 1461,640) 652.233 515 (283,277) 266,089 11 122,206) 188,413 2,331 120,2651 21 Revenue Cost of sales Gross profit Other income Operating expenses Net loss on impairment of financial instruments and contract assets Other expenses Results from operating activities Income from investments Finance costs Share of profit from associates, net of tax Profit before tax Tax expense Profit for the year (14.700) 124,469) 330,302 14.1871 239,707 5,601 1513) 9,645 (15,2761 118,0721 415,182 11,396 121,5201 18,040 423,098 196,194) 326,904 19 20 170,479 4,409 1785) 21 126,541) 14,722 328,128 114,0921 314,036 22 244,795 12,9991 241,796 174,103 1956) 173,147 314,036 241.796 173,147 Profit attributable to: Owners of the Company Non-controlling interests Profit for the year 328,047 11,1431 326,904 314,036 241,796 173,147 Statements of Profit or Loss and Other Comprehensive Income (Cont'd) for the year ended 31 December 2020 Company Group 2019 RM'000 2019 2020 RM*000 Note 2020 RM"000 RM'000 Other comprehensive (lossl/income, net of tax Items that may be reclassified subsequently to profit or loss Foreign currency translation differences for foreign operations Cash flow hedge-associate 15,527 14,3301 1765) 15,0951 15,527 Items that will not be reclassified subsequently to profit or loss Net change in fair value of equity investments designated at fair value through other comprehensive income l'FVOCI") Actuarial gain on long-term employee benefits, net of tax-associate 13.1 2,106 8,610 585 2,691 8,610 Other comprehensive lossl/income for the year, net of tax Total comprehensive income for the year 12,4041 324,500 24,137 338,173 241,796 173,147 338,173 241,796 173,147 Total comprehensive income attributable to: Owners of the Company Non-controlling interests Total comprehensive income for the year 325,643 11.143) 324,500 338,173 241.796 173,147 23 Earnings per ordinary share (sen) - Basic Diluted 56.82 54.73 53.73 53.14
