group financial highlights
TuRNOvER (%)
2014
PROFIT CONTRIBuTION (%)
2014
ASSETS EMPLOyED (%)
2014
Healthcare
79.3
Leisure
10.1
Property
10.6
Healthcare
26.6
Leisure
2.0
Property
9.7
Investment
61.7
Healthcare
3.7
Leisure
2.0
Property
7.8
Investment
86.5
2013
2013
2013
Healthcare
73.3
Leisure
14.5
Property
12.2
Healthcare
23.9
Leisure
3.5
Property
12.4
Investment
60.2
Healthcare
4.0
Leisure
2.4
Property
8.4
Investment
85.2
Financial Highlights
Group turnover increased 9.2% from $141.2 million to $154.2 million
mainly from Healthcare. Profits from operations increased 15.9%
to $112.0 million contributed by Healthcare and higher investment
income. Profit after tax increased 10.1% to $118.8 million mainly
due to higher profitability from Healthcare, higher investment income
and higher share of results from associated companies.
Healthcare contributed a higher percentage of the Group’s turnover
from 73.3% in 2013 to 79.3% in 2014 from higher sales in key
Asian markets. Percentage of profit contribution to the Group from
Healthcare also increased from 23.9% in 2013 to 26.6% in 2014
due to higher profitability from the division and decrease in profit
from Leisure and Property.
Percentage of the Group’s total assets employed by Healthcare,
Leisure and Property decreased compared to prior year. Increase in
assets employed was mainly due to higher market valuation of the
Group’s Investment portfolio.
Financial Position
Shareholders’ funds increased by 14.8% to $2,807.5 million mainly
due to the higher market valuation of the Group’s available-for-sale
financial assets and profits from operating divisions.
The Group ended the financial year with net cash balances of $223.1
million, after dividend payments of $43.8 million. Cash generated
by operating activities was $58.1 million in 2014.
Dividends
A second & final dividend of 14 cents per share is being proposed at
the coming Annual General Meeting. Together with the interim dividend
of 6 cents paid in September 2014, the total dividend per share for
the financial year ended 31 December 2014 is 20 cents per share.
+9.2%
TURNOVER
Turnover
$154.2M
Profit Before Tax
$127.0M
Assets
$2.8B
+10.1%
PROFIT AFTER TAX
Financial calendar
Date
Event
14 May 2014
Announcement of 2014 1st quarter results
13 August 2014
Announcement of 2014 2nd quarter results
4 September 2014
Payment of 2014 first and interim dividend
13 November 2014
Announcement of 2014 3rd quarter results
27 February 2015
Announcement of 2014 full-year audited results
8 April 2015
Announcement of Notice of Annual General Meeting
28 April 2015
46th Annual General Meeting
25 May 2015
Proposed books closure date for dividend entitlement
4 June 2015
Proposed payment of 2014 second and final dividend
Haw Par Corporation Limited
14
annual report 2014
15
