Financial Year Ended 31 December 2025 2024 2023 2022 2021
  3 months
Actual
(Unaudited)
12 months
Actual
(Audited)
12 months
Actual
(Audited)
12 months
Actual
(Audited)
12 months
Actual
(Audited)
KEY FINANCIAL DATA
STATEMENT OF COMPREHENSIVE INCOME (RM mil)
Revenue 6,294.0 24,383.0 20,935.0 17,988.7 17,131.8
Earnings Before Interest, Tax,
Depreciation & Amortisation (EBITDA 1)
1,343.0 5,439.0 4,646.0 4,051.1 4,279.4
Profit After Tax and Minority Interest (PATMI)
(excluding exceptional items 2)
425.0 1,685.0 1,280.0 1,380.7 1,594.8
 
STATEMENT OF FINANCIAL POSITION (RM mil)
Total Assets 57,192.0 56,759.0 50,192.0 48,467.5 45,510.3
Net Borrowings 13,952.0 13,270.0 7,672.0 7,170.4 5,856.0
Total Shareholders' Equity
(excluding non-controlling interests)
30,234.0 30,140.0 29,106.0 26,192.0 22,424.9
Net Tangible Assets3
(excluding non-controlling interests)
10,366.0 10,227.0 11,847.0 10,244.8 8,231.6
 
RATIO ANALYSIS
PER SHARE DATA
Basic Earnings Per Share
(excluding exceptional items2)* (sen)
4.82 19.13 14.53 15.09 17.15
Net Assets4 Per Share (RM) 3.43 3.42 3.30 2.97 2.55
 
 
PROFITABILITY (%)
EBITDA Margin 21.34 22.31 22.19 22.52 24.98
PATMI Margin 8.17 10.90 14.10 8.61 10.87
PATMI Margin (excluding exceptional items 2) 6.75 6.91 6.11 7.68 9.31
 
EFFICIENCY (%)
Return on Shareholders' Funds5
(excluding exceptional items2)
 NM  5.69 4.63 5.68 7.22
Return on Total Assets (excluding exceptional items2)  NM  2.97 2.55 2.85 3.50
Return on Equity (including MFRS 129) 6  NM  8.97 10.68 6.37 8.43
 
LEVERAGE(times)
Net Debt /Equity 0.41 0.39 0.24 0.25 0.21
Net Debt/NTA 1.35 1.30 0.65 0.70 0.71
Net Debt to EBITDA7 10.39 2.44 1.65 1.77 1.37
 

Notes:

NM = Not Meaningful
(1) Being earnings before interest, tax, depreciation, amortisation, exchange differences, share of results of associates and joint ventures and other non-operational items.
(2) Exceptional items, net of minority interest shares
(3) Being net assets attributable to ordinary shareholders (excluding non-controlling interests) less goodwill and intangible assets.
(4) Being net assets attributable to ordinary shareholders (excluding non-controlling interests)
(5) Being PATMI for the year/period over equity attributable to owners of the Company as at year-end/period-end.
(6) Being PATMI for the year/period over average total shareholders' equity (excluding non-controlling interests) as at year-end/period-end.
(7) Based on last 12 months EBITDA
* These figures are calculated based on the weighted average number of shares of the corresponding financial year/period.
* In addition to loans and borrowings, the Group’s revised definition for “Debt” includes lease liabilities (arising from IFRS16) and overdrafts from FY2020