Triyards Holdings Limited Annual Report 2016
Auditor’s opinion: true and fair view. Read auditor’s report (PDF p. 55)
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full year | 2016Group / full year | Source |
|---|---|---|---|
| income | |||
| RevenueUnited States dollars thousands | 116,208 | 324,892 | PDF p. 1 |
| Cost of salesUnited States dollars thousands | (176,334) | (269,499) | PDF p. 1 |
| Gross (loss)/profitUnited States dollars thousands | (60,126) | 55,393 | PDF p. 1 |
| Other income/(expenses), netUnited States dollars thousands | 654 | (233) | PDF p. 1 |
| Administrative expensesUnited States dollars thousands | (26,811) | (29,097) | PDF p. 1 |
| (Loss)/profit from operationsUnited States dollars thousands | (86,283) | 26,063 | PDF p. 1 |
| Provisions and impairment of assetsUnited States dollars thousands | (68,158) | (1,740) | PDF p. 1 |
| Financial incomeUnited States dollars thousands | 137 | 221 | PDF p. 1 |
| Financial expensesUnited States dollars thousands | (8,675) | (4,932) | PDF p. 1 |
| (Loss)/profit before taxUnited States dollars thousands | (162,979) | 19,612 | PDF p. 1 |
| Tax credit/(expense)United States dollars thousands | 514 | (1,819) | PDF p. 1 |
| (Loss)/profit after tax attributable to owners of the CompanyUnited States dollars thousands | (162,465) | 17,793 | PDF p. 1 |
Original report: PDF p. 1 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full-year change against prior year | Source |
|---|---|---|
| income | ||
| Revenue% | (64) | PDF p. 1 |
| Cost of sales% | (35) | PDF p. 1 |
| Gross (loss)/profit% | nm | PDF p. 1 |
| Other income/(expenses), net% | nm | PDF p. 1 |
| Administrative expenses% | (8) | PDF p. 1 |
| (Loss)/profit from operations% | nm | PDF p. 1 |
| Provisions and impairment of assets% | >100 | PDF p. 1 |
| Financial income% | (38) | PDF p. 1 |
| Financial expenses% | 76 | PDF p. 1 |
| (Loss)/profit before tax% | nm | PDF p. 1 |
| Tax credit/(expense)% | nm | PDF p. 1 |
| (Loss)/profit after tax attributable to owners of the Company% | nm | PDF p. 1 |
Original report: PDF p. 1 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full year | 2016Group / full year | Source |
|---|---|---|---|
| comprehensive | |||
| (Loss)/profit after taxUnited States dollars thousands | (162,465) | 17,793 | PDF p. 2 |
| Other comprehensive income: | |||
| Exchange differences on translating foreign operationsUnited States dollars thousands | (228) | 425 | PDF p. 2 |
| Fair value changes on cash flow hedgesUnited States dollars thousands | (150) | (759) | PDF p. 2 |
| Other comprehensive income for the financial year, net of taxUnited States dollars thousands | (378) | (334) | PDF p. 2 |
| TOTAL COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ATTRIBUTABLE TO OWNERS OF THE COMPANYUnited States dollars thousands | (162,843) | 17,459 | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full-year change against prior year | Source |
|---|---|---|
| comprehensive | ||
| (Loss)/profit after tax% | nm | PDF p. 2 |
| Other comprehensive income: | ||
| Exchange differences on translating foreign operations% | nm | PDF p. 2 |
| Fair value changes on cash flow hedges% | (80) | PDF p. 2 |
| Other comprehensive income for the financial year, net of tax% | 13 | PDF p. 2 |
| TOTAL COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ATTRIBUTABLE TO OWNERS OF THE COMPANY% | nm | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full year | 2016Group / full year | Source |
|---|---|---|---|
| PBT_note | |||
| Depreciation of fixed assetsUnited States dollars thousands | (11,516) | (11,395) | PDF p. 2 |
| Loss on disposal of fixed assetsUnited States dollars thousands | (41) | (670) | PDF p. 2 |
| Fixed assets written offUnited States dollars thousands | (10) | (36) | PDF p. 2 |
| Amortisation of intangible assetsUnited States dollars thousands | (680) | (326) | PDF p. 2 |
| Interest incomeUnited States dollars thousands | 137 | 221 | PDF p. 2 |
| Fair value changes in respect of derivative instruments,United States dollars thousands | 277 | (478) | PDF p. 2 |
| Exchange (loss)/gain, netUnited States dollars thousands | (367) | 232 | PDF p. 2 |
| Allowance for impairment of intangible assetsUnited States dollars thousands | (7,771) | (1,740) | PDF p. 2 |
| Allowance for impairment of assets held for saleUnited States dollars thousands | (7,772) | (268) | PDF p. 2 |
| Allowance for doubtful receivablesUnited States dollars thousands | (34,315) | - | PDF p. 2 |
| Provision for inventory obsolescenceUnited States dollars thousands | (18,300) | - | PDF p. 2 |
| Inventories written offUnited States dollars thousands | - | (105) | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full-year change against prior year | Source |
|---|---|---|
| PBT_note | ||
| Depreciation of fixed assets% | 1 | PDF p. 2 |
| Loss on disposal of fixed assets% | (94) | PDF p. 2 |
| Fixed assets written off% | (72) | PDF p. 2 |
| Amortisation of intangible assets% | >100 | PDF p. 2 |
| Interest income% | (38) | PDF p. 2 |
| Fair value changes in respect of derivative instruments,% | nm | PDF p. 2 |
| Exchange (loss)/gain, net% | nm | PDF p. 2 |
| Allowance for impairment of intangible assets% | >100 | PDF p. 2 |
| Allowance for impairment of assets held for sale% | >100 | PDF p. 2 |
| Allowance for doubtful receivables% | nm | PDF p. 2 |
| Provision for inventory obsolescence% | nm | PDF p. 2 |
| Inventories written off% | >100 | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group | 2016Group | 2017Company | 2016Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Fixed assetsUnited States dollars thousands | 120,571 | 137,640 | - | - | PDF p. 3 |
| Intangible assetsUnited States dollars thousands | 2,176 | 9,312 | - | - | PDF p. 3 |
| Investments in subsidiariesUnited States dollars thousands | - | - | 32,568 | 182,568 | PDF p. 3 |
| Available-for-sale (“AFS”) investmentsUnited States dollars thousands | 36 | 37 | - | - | PDF p. 3 |
| Finance lease receivableUnited States dollars thousands | - | 1,470 | - | - | PDF p. 3 |
| Deferred tax assetsUnited States dollars thousands | 1,403 | 1,231 | - | - | PDF p. 3 |
| Current assets | |||||
| Assets held for saleUnited States dollars thousands | 2,400 | 4,550 | - | - | PDF p. 3 |
| Inventories and work-in-progressUnited States dollars thousands | 75,866 | 64,529 | - | - | PDF p. 3 |
| Trade receivablesUnited States dollars thousands | 103,970 | 170,310 | - | - | PDF p. 3 |
| Other receivablesUnited States dollars thousands | 11,135 | 7,607 | - | - | PDF p. 3 |
| Other current assetsUnited States dollars thousands | 6,347 | 27,483 | 253 | 244 | PDF p. 3 |
| Finance lease receivableUnited States dollars thousands | 1,470 | 550 | - | - | PDF p. 3 |
| Balances due from - subsidiariesUnited States dollars thousands | - | - | 33,477 | 43,917 | PDF p. 3 |
| - related companiesUnited States dollars thousands | 329 | 15,596 | 27 | 52 | PDF p. 3 |
| Cash and cash equivalentsUnited States dollars thousands | 32,585 | 37,922 | 16 | 56 | PDF p. 3 |
| SubtotalUnited States dollars thousands | 234,102 | 328,547 | 33,773 | 44,269 | PDF p. 3 |
| Current liabilities | |||||
| Trade payablesUnited States dollars thousands | 75,532 | 44,066 | - | - | PDF p. 3 |
| Other payablesUnited States dollars thousands | 42,372 | 51,270 | 554 | 568 | PDF p. 3 |
| Balances due to - subsidiariesUnited States dollars thousands | - | - | 7 | 100 | PDF p. 3 |
| - ultimate holding companyUnited States dollars thousands | 630 | 294 | 1 | - | PDF p. 3 |
| - related companiesUnited States dollars thousands | 3,495 | 1,280 | - | - | PDF p. 3 |
| - affiliated companiesUnited States dollars thousands | - | 209 | - | - | PDF p. 3 |
| Derivative financial instrumentsUnited States dollars thousands | 1,054 | 1,187 | - | - | PDF p. 3 |
| Bills payable to banksUnited States dollars thousands | 66,557 | 70,492 | - | - | PDF p. 3 |
| Lease obligationsUnited States dollars thousands | 46 | 44 | - | - | PDF p. 3 |
| Bank term loansUnited States dollars thousands | 102,761 | 67,472 | - | - | PDF p. 3 |
| Provision for taxUnited States dollars thousands | 2,486 | 3,698 | - | - | PDF p. 3 |
| SubtotalUnited States dollars thousands | 294,933 | 240,012 | 562 | 668 | PDF p. 3 |
| Net current (liabilities)/assetsUnited States dollars thousands | (60,831) | 88,535 | 33,211 | 43,601 | PDF p. 3 |
| Non-current liabilities | |||||
| Lease obligationsUnited States dollars thousands | (77) | (123) | - | - | PDF p. 3 |
| Bank term loansUnited States dollars thousands | (365) | (11,927) | - | - | PDF p. 3 |
| Deferred tax liabilitiesUnited States dollars thousands | (2,176) | (2,595) | - | - | PDF p. 3 |
| NET ASSETSUnited States dollars thousands | 60,737 | 223,580 | 65,779 | 226,169 | PDF p. 3 |
| Equity | |||||
| Share capitalUnited States dollars thousands | 209,544 | 209,544 | 209,544 | 209,544 | PDF p. 3 |
| Accumulated profits/(loss)United States dollars thousands | 32,502 | 194,967 | (143,765) | 16,625 | PDF p. 3 |
| Merger reserveUnited States dollars thousands | (179,347) | (179,347) | - | - | PDF p. 3 |
| Translation reserveUnited States dollars thousands | (927) | (699) | - | - | PDF p. 3 |
| Hedging reserveUnited States dollars thousands | (1,035) | (885) | - | - | PDF p. 3 |
| TOTAL EQUITYUnited States dollars thousands | 60,737 | 223,580 | 65,779 | 226,169 | PDF p. 3 |
Original report: PDF p. 3 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / Secured | 2017Group / Unsecured | 2016Group / Secured | 2016Group / Unsecured | Source |
|---|---|---|---|---|---|
| borrowings | |||||
| Amount repayable in one year or less, or demandUnited States dollars thousands | 128,047 | 41,317 | 85,864 | 52,144 | PDF p. 3 |
| Amount repayable after one yearUnited States dollars thousands | 442 | - | 10,163 | 1,887 | PDF p. 3 |
Original report: PDF p. 3 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full year | 2016Group / full year | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| (Loss)/profit before taxUnited States dollars thousands | (162,979) | 19,612 | PDF p. 4 |
| Adjustments: | |||
| Depreciation of fixed assetsUnited States dollars thousands | 11,516 | 11,395 | PDF p. 4 |
| Loss on disposal of fixed assetsUnited States dollars thousands | 41 | 670 | PDF p. 4 |
| Fixed assets written offUnited States dollars thousands | 10 | 36 | PDF p. 4 |
| Amortisation of intangible assetsUnited States dollars thousands | 680 | 326 | PDF p. 4 |
| Fair value changes in respect of derivative instruments, netUnited States dollars thousands | (277) | 478 | PDF p. 4 |
| Unrealised exchange gainUnited States dollars thousands | (916) | (629) | PDF p. 4 |
| Interest expenseUnited States dollars thousands | 8,675 | 4,932 | PDF p. 4 |
| Interest incomeUnited States dollars thousands | (137) | (221) | PDF p. 4 |
| Allowance for impairment of intangible assetsUnited States dollars thousands | 7,771 | - | PDF p. 4 |
| Allowance for impairment of assets held for saleUnited States dollars thousands | 7,772 | 2,008 | PDF p. 4 |
| Allowance for doubtful receivablesUnited States dollars thousands | 34,315 | - | PDF p. 4 |
| Provision for inventory obsolescenceUnited States dollars thousands | 18,300 | - | PDF p. 4 |
| Inventories written offUnited States dollars thousands | - | 105 | PDF p. 4 |
| Operating (loss)/profit before working capital changesUnited States dollars thousands | (75,229) | 38,712 | PDF p. 4 |
| (Increase)/decrease in: | |||
| Inventories and work-in-progressUnited States dollars thousands | (29,157) | (12,989) | PDF p. 4 |
| Trade receivablesUnited States dollars thousands | 54,632 | (21,876) | PDF p. 4 |
| Other receivables and other current assetsUnited States dollars thousands | 1,880 | (6,484) | PDF p. 4 |
| Finance lease receivableUnited States dollars thousands | 600 | (2,010) | PDF p. 4 |
| Due from ultimate holding companyUnited States dollars thousands | - | 1,363 | PDF p. 4 |
| Due from related companiesUnited States dollars thousands | 8,389 | (6,595) | PDF p. 4 |
| Increase/(decrease) in: | |||
| Trade payablesUnited States dollars thousands | 31,915 | 13,611 | PDF p. 4 |
| Other payablesUnited States dollars thousands | (8,776) | (24,614) | PDF p. 4 |
| Due to ultimate holding companyUnited States dollars thousands | 336 | (440) | PDF p. 4 |
| Due to related companiesUnited States dollars thousands | 2,215 | (1,688) | PDF p. 4 |
| Due to affiliated companiesUnited States dollars thousands | (209) | (684) | PDF p. 4 |
| Cash used in operationsUnited States dollars thousands | (13,404) | (23,694) | PDF p. 4 |
| Interest paidUnited States dollars thousands | (8,675) | (4,932) | PDF p. 4 |
| Interest income receivedUnited States dollars thousands | 87 | 211 | PDF p. 4 |
| Tax refunded/(paid)United States dollars thousands | (957) | (1,694) | PDF p. 4 |
| Net cash used in operating activitiesUnited States dollars thousands | (22,949) | (30,109) | PDF p. 4 |
| Cash flows from investing activities | |||
| Purchase of fixed assetsUnited States dollars thousands | (5,721) | (20,932) | PDF p. 4 |
| Additions to intangible assetsUnited States dollars thousands | (1,309) | (1,227) | PDF p. 4 |
| Proceeds from disposal of fixed assetsUnited States dollars thousands | 358 | 3,458 | PDF p. 4 |
| Proceeds from disposal of assets held for saleUnited States dollars thousands | 4,550 | - | PDF p. 4 |
| Net cash used in investing activitiesUnited States dollars thousands | (2,122) | (18,701) | PDF p. 4 |
| Cash flows from financing activities | |||
| Repayment of lease obligationsUnited States dollars thousands | (43) | (1,405) | PDF p. 4 |
| Proceeds from bank term loans and bills payable to banksUnited States dollars thousands | 185,173 | 253,873 | PDF p. 4 |
| Repayment of bank term loans and bills payable to banksUnited States dollars thousands | (165,374) | (207,095) | PDF p. 4 |
| (Increase)/decrease in cash pledgedUnited States dollars thousands | (2,994) | (19,361) | PDF p. 4 |
| Dividends paid on ordinary sharesUnited States dollars thousands | - | (2,292) | PDF p. 4 |
| Net cash from financing activitiesUnited States dollars thousands | 16,762 | 23,720 | PDF p. 4 |
| Net decrease in cash and cash equivalentsUnited States dollars thousands | (8,309) | (25,090) | PDF p. 4 |
| Effects of exchange on cash and cash equivalentsUnited States dollars thousands | (22) | 191 | PDF p. 4 |
| Cash and cash equivalents at beginning of financial yearUnited States dollars thousands | 15,624 | 40,523 | PDF p. 4 |
| Cash and cash equivalents at end of financial yearUnited States dollars thousands | 7,293 | 15,624 | PDF p. 4 |
Original report: PDF p. 4 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group | 2016Group | Source |
|---|---|---|---|
| Cash and cash equivalents represented by: | |||
| Cash at bank and on handUnited States dollars thousands | 32,585 | 37,922 | PDF p. 4 |
| Less: Cash pledgedUnited States dollars thousands | (25,292) | (22,298) | PDF p. 4 |
| SubtotalUnited States dollars thousands | 7,293 | 15,624 | PDF p. 4 |
Original report: PDF p. 4 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group / Share capital | 2016Group / Accumulated profits | 2016Group / Merger reserve | 2016Group / Translation reserve | 2016Group / Hedging reserve | 2016Group / Total equity | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Balance at 1 September 2015United States dollars thousands | 209,544 | 179,466 | (179,347) | (1,124) | (126) | 208,413 | PDF p. 5 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 17,793 | - | 425 | (759) | 17,459 | PDF p. 5 |
| Dividends on ordinary shares representing total transactions with owners in their capacity as ownersUnited States dollars thousands | - | (2,292) | - | - | - | (2,292) | PDF p. 5 |
| Balance at 31 August 2016United States dollars thousands | 209,544 | 194,967 | (179,347) | (699) | (885) | 223,580 | PDF p. 5 |
Original report: PDF p. 5 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / Share capital | 2017Group / Accumulated profits | 2017Group / Merger reserve | 2017Group / Translation reserve | 2017Group / Hedging reserve | 2017Group / Total equity | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Balance at 1 September 2016United States dollars thousands | 209,544 | 194,967 | (179,347) | (699) | (885) | 223,580 | PDF p. 5 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | (162,465) | - | (228) | (150) | (162,843) | PDF p. 5 |
| Balance at 31 August 2017United States dollars thousands | 209,544 | 32,502 | (179,347) | (927) | (1,035) | 60,737 | PDF p. 5 |
Original report: PDF p. 5 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Company / Share capital | 2016Company / Accumulated profits / loss | 2016Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2015United States dollars thousands | 209,544 | 13,671 | 223,215 | PDF p. 5 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 5,246 | 5,246 | PDF p. 5 |
| Dividends on ordinary shares representing total transactions with owners in their capacity as ownersUnited States dollars thousands | - | (2,292) | (2,292) | PDF p. 5 |
| Balance at 31 August 2016United States dollars thousands | 209,544 | 16,625 | 226,169 | PDF p. 5 |
Original report: PDF p. 5 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Company / Share capital | 2017Company / Accumulated profits / loss | 2017Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2016United States dollars thousands | 209,544 | 16,625 | 226,169 | PDF p. 5 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | (160,390) | (160,390) | PDF p. 5 |
| Balance at 31 August 2017United States dollars thousands | 209,544 | (143,765) | 65,779 | PDF p. 5 |
Original report: PDF p. 5 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group / full year | 2016Group / full year | Source |
|---|---|---|---|
| EPS_note | |||
| Net (loss)/profit attributable to owners of the Company (US$’000)United States dollars thousands | (162,465) | 17,793 | PDF p. 7 |
| EPS denominator: weighted average shares, not cents per share | |||
| Weighted average number of ordinary shares on issue for calculation of ('000): - Basic earnings per shareordinary shares thousands | 324,509 | 324,509 | PDF p. 7 |
| Weighted average number of ordinary shares on issue for calculation of ('000): - Diluted earnings per share (^)ordinary shares thousands | 324,509 | 324,509 | PDF p. 7 |
| (Loss)/earnings per ordinary share (US cents) of the Group: | |||
| (a) Based on the weighted average number of ordinary shares on issueUS cents per share | (50.06) | 5.48 | PDF p. 7 |
| (b) On a fully diluted basisUS cents per share | (50.06) | 5.48 | PDF p. 7 |
Original report: PDF p. 7 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2017Group | 2016Group | 2017Company | 2016Company | Source |
|---|---|---|---|---|---|
| NAV_note | |||||
| Net asset value per ordinary share (US cents)US cents per share | 18.72 | 68.90 | 20.27 | 69.70 | PDF p. 7 |
Original report: PDF p. 7 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/KGVUTSX51A0N2CU3/483610_Triyards_FY2017%20Results_291217.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | 2016Company | 2015Company | Source |
|---|---|---|---|---|---|
| income | |||||
| RevenueUnited States dollars thousands | 324,892 | 270,113 | 6,000 | 13,000 | PDF p. 58 |
| Cost of salesUnited States dollars thousands | (269,499) | (210,085) | – | – | PDF p. 58 |
| Gross profitUnited States dollars thousands | 55,393 | 60,028 | 6,000 | 13,000 | PDF p. 58 |
| Other (expenses)/incomeUnited States dollars thousands | (1,973) | 4,929 | 114 | 12 | PDF p. 58 |
| Administrative expensesUnited States dollars thousands | (29,097) | (30,110) | (868) | (1,420) | PDF p. 58 |
| Profit from operationsUnited States dollars thousands | 24,323 | 34,847 | 5,246 | 11,592 | PDF p. 58 |
| Financial incomeUnited States dollars thousands | 221 | 57 | 2 | 4 | PDF p. 58 |
| Financial expensesUnited States dollars thousands | (4,932) | (4,971) | (2) | (2) | PDF p. 58 |
| Profit before taxUnited States dollars thousands | 19,612 | 29,933 | 5,246 | 11,594 | PDF p. 58 |
| TaxUnited States dollars thousands | (1,819) | (2,779) | – | – | PDF p. 58 |
| Profit after tax, attributable to owners of the CompanyUnited States dollars thousands | 17,793 | 27,154 | 5,246 | 11,594 | PDF p. 58 |
Original report: PDF p. 58 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | 2016Company | 2015Company | Source |
|---|---|---|---|---|---|
| comprehensive | |||||
| Profit after taxUnited States dollars thousands | 17,793 | 27,154 | 5,246 | 11,594 | PDF p. 59 |
| Items that may be reclassified subsequently to profit or loss | |||||
| Exchange differences on translating foreign operationsUnited States dollars thousands | 425 | (1,124) | – | – | PDF p. 59 |
| Items that may be reclassified subsequently to | |||||
| Fair value changes on cash flow hedgesUnited States dollars thousands | (759) | (126) | – | – | PDF p. 59 |
| Other comprehensive income, net of taxUnited States dollars thousands | (334) | (1,250) | – | – | PDF p. 59 |
| Total comprehensive income for the financial year, attributable to owners of the CompanyUnited States dollars thousands | 17,459 | 25,904 | 5,246 | 11,594 | PDF p. 59 |
Original report: PDF p. 59 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | 2016Company | 2015Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Fixed assetsUnited States dollars thousands | 137,640 | 138,319 | – | – | PDF p. 56 |
| Intangible assetsUnited States dollars thousands | 9,312 | 8,370 | – | – | PDF p. 56 |
| Investment in subsidiariesUnited States dollars thousands | – | – | 182,568 | 182,468 | PDF p. 56 |
| Available-for-sale investmentsUnited States dollars thousands | 37 | 37 | – | – | PDF p. 56 |
| Finance lease receivableUnited States dollars thousands | 1,470 | – | – | – | PDF p. 56 |
| Deferred tax assetsUnited States dollars thousands | 1,231 | 699 | – | – | PDF p. 56 |
| Current assets | |||||
| Assets held for saleUnited States dollars thousands | 4,550 | – | – | – | PDF p. 56 |
| Inventories and work-in-progressUnited States dollars thousands | 64,529 | 51,703 | – | – | PDF p. 56 |
| Trade receivablesUnited States dollars thousands | 170,310 | 148,435 | – | – | PDF p. 56 |
| Other receivablesUnited States dollars thousands | 7,607 | 7,942 | – | 7 | PDF p. 56 |
| Other current assetsUnited States dollars thousands | 27,483 | 20,664 | 244 | 236 | PDF p. 56 |
| Finance lease receivableUnited States dollars thousands | 550 | – | – | – | PDF p. 56 |
| Derivative financial instrumentsUnited States dollars thousands | – | 177 | – | – | PDF p. 56 |
| Balances due from: | |||||
| – subsidiariesUnited States dollars thousands | – | – | 43,917 | 44,670 | PDF p. 56 |
| – ultimate holding companyUnited States dollars thousands | – | 1,363 | – | 38 | PDF p. 56 |
| – related companiesUnited States dollars thousands | 15,596 | 9,001 | 52 | 420 | PDF p. 56 |
| Cash and cash equivalentsUnited States dollars thousands | 15,624 | 40,523 | 56 | 78 | PDF p. 56 |
| Cash pledgedUnited States dollars thousands | 22,298 | 2,938 | – | – | PDF p. 56 |
| SubtotalUnited States dollars thousands | 328,547 | 282,746 | 44,269 | 45,449 | PDF p. 56 |
| Current liabilities | |||||
| Trade payablesUnited States dollars thousands | 44,066 | 31,450 | – | – | PDF p. 56 |
| Other payablesUnited States dollars thousands | 51,270 | 75,669 | 568 | 593 | PDF p. 56 |
| Balances due to: | |||||
| – subsidiariesUnited States dollars thousands | – | – | 100 | 4,109 | PDF p. 56 |
| – ultimate holding companyUnited States dollars thousands | 294 | 734 | – | – | PDF p. 56 |
| – related companiesUnited States dollars thousands | 1,280 | 2,968 | – | – | PDF p. 56 |
| – affiliated companiesUnited States dollars thousands | 209 | 893 | – | – | PDF p. 56 |
| Derivative financial instrumentsUnited States dollars thousands | 1,187 | 126 | – | – | PDF p. 56 |
| Bills payable to banksUnited States dollars thousands | 70,492 | 39,316 | – | – | PDF p. 56 |
| Lease obligationsUnited States dollars thousands | 44 | 351 | – | – | PDF p. 56 |
| Bank term loansUnited States dollars thousands | 67,472 | 49,111 | – | – | PDF p. 56 |
| Provision for taxUnited States dollars thousands | 3,698 | 3,340 | – | – | PDF p. 56 |
| SubtotalUnited States dollars thousands | 240,012 | 203,958 | 668 | 4,702 | PDF p. 56 |
| Net current assetsUnited States dollars thousands | 88,535 | 78,788 | 43,601 | 40,747 | PDF p. 56 |
| Non-current liabilities | |||||
| Lease obligationsUnited States dollars thousands | (123) | (1,121) | – | – | PDF p. 57 |
| Bank term loansUnited States dollars thousands | (11,927) | (14,221) | – | – | PDF p. 57 |
| Deferred tax liabilitiesUnited States dollars thousands | (2,595) | (2,458) | – | – | PDF p. 57 |
| NET ASSETSUnited States dollars thousands | 223,580 | 208,413 | 226,169 | 223,215 | PDF p. 57 |
| Equity | |||||
| Share capitalUnited States dollars thousands | 209,544 | 209,544 | 209,544 | 209,544 | PDF p. 57 |
| Accumulated profitsUnited States dollars thousands | 194,967 | 179,466 | 16,625 | 13,671 | PDF p. 57 |
| Merger reserveUnited States dollars thousands | (179,347) | (179,347) | – | – | PDF p. 57 |
| Translation reserveUnited States dollars thousands | (699) | (1,124) | – | – | PDF p. 57 |
| Hedging reserveUnited States dollars thousands | (885) | (126) | – | – | PDF p. 57 |
| TOTAL EQUITYUnited States dollars thousands | 223,580 | 208,413 | 226,169 | 223,215 | PDF p. 57 |
Original report: PDF p. 56 ↗ PDF p. 57 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before taxUnited States dollars thousands | 19,612 | 29,933 | PDF p. 62 |
| Adjustments: | |||
| Depreciation of fixed assetsUnited States dollars thousands | 11,395 | 11,925 | PDF p. 62 |
| Loss/(gain) on disposal of fixed assetsUnited States dollars thousands | 670 | (71) | PDF p. 62 |
| Fixed assets written offUnited States dollars thousands | 36 | 72 | PDF p. 62 |
| Amortisation of intangible assetsUnited States dollars thousands | 326 | 1,112 | PDF p. 62 |
| Impairment loss on assets held for saleUnited States dollars thousands | 268 | – | PDF p. 62 |
| Allowance for impairment of fixed assetsUnited States dollars thousands | 1,740 | – | PDF p. 62 |
| Fair value changes in respect of derivative instruments, netUnited States dollars thousands | 478 | (177) | PDF p. 62 |
| Unrealised exchange (gain)/lossUnited States dollars thousands | (629) | 930 | PDF p. 62 |
| Interest expenseUnited States dollars thousands | 4,932 | 4,971 | PDF p. 62 |
| Interest incomeUnited States dollars thousands | (221) | (57) | PDF p. 62 |
| Bad debts written off, netUnited States dollars thousands | – | 41 | PDF p. 62 |
| Allowance for doubtful debts, netUnited States dollars thousands | – | 8 | PDF p. 62 |
| Inventories written offUnited States dollars thousands | 105 | 284 | PDF p. 62 |
| Gain on bargain purchase of subsidiariesUnited States dollars thousands | – | (3,590) | PDF p. 62 |
| Operating profit before working capital changesUnited States dollars thousands | 38,712 | 45,381 | PDF p. 62 |
| (Increase)/decrease in: | |||
| Inventories and work-in-progressUnited States dollars thousands | (12,989) | (17,955) | PDF p. 62 |
| Trade receivablesUnited States dollars thousands | (21,876) | 32,166 | PDF p. 62 |
| Other receivables and other current assetsUnited States dollars thousands | (6,484) | (11,336) | PDF p. 62 |
| Finance lease receivableUnited States dollars thousands | (2,010) | – | PDF p. 62 |
| Due from ultimate holding companyUnited States dollars thousands | 1,363 | (1,326) | PDF p. 62 |
| Due from related companiesUnited States dollars thousands | (6,595) | 14,204 | PDF p. 62 |
| Due from affiliated companiesUnited States dollars thousands | – | 3,556 | PDF p. 62 |
| Increase/(decrease) in: | |||
| Trade payablesUnited States dollars thousands | 13,611 | (5,914) | PDF p. 62 |
| Other payablesUnited States dollars thousands | (24,614) | 18,838 | PDF p. 62 |
| Due to ultimate holding companyUnited States dollars thousands | (440) | (991) | PDF p. 62 |
| Due to related companiesUnited States dollars thousands | (1,688) | (8,476) | PDF p. 62 |
| Due to affiliated companiesUnited States dollars thousands | (684) | 893 | PDF p. 62 |
| Cash (used in)/generated from operationsUnited States dollars thousands | (23,694) | 69,040 | PDF p. 62 |
| Interest paidUnited States dollars thousands | (4,932) | (4,971) | PDF p. 62 |
| Interest income receivedUnited States dollars thousands | 211 | 57 | PDF p. 62 |
| Tax paidUnited States dollars thousands | (1,694) | (5,771) | PDF p. 62 |
| Net cash (used in)/generated from operating activitiesUnited States dollars thousands | (30,109) | 58,355 | PDF p. 62 |
| Cash flows from investing activities | |||
| Purchase of fixed assetsUnited States dollars thousands | (20,932) | (16,995) | PDF p. 63 |
| Additions to intangible assetsUnited States dollars thousands | (1,227) | (548) | PDF p. 63 |
| Proceeds from disposal of fixed assetsUnited States dollars thousands | 3,458 | 82 | PDF p. 63 |
| Increase in cash pledgedUnited States dollars thousands | (19,361) | (2,938) | PDF p. 63 |
| Acquisition of subsidiaries, net of cash paidUnited States dollars thousands | – | (15,656) | PDF p. 63 |
| Net cash used in investing activitiesUnited States dollars thousands | (38,062) | (36,055) | PDF p. 63 |
| Cash flows from financing activities | |||
| Proceeds from lease financingUnited States dollars thousands | – | 1,931 | PDF p. 63 |
| Repayment of lease obligationsUnited States dollars thousands | (1,405) | (360) | PDF p. 63 |
| Proceeds from issuance of placement shares, net of transaction costsUnited States dollars thousands | – | 15,742 | PDF p. 63 |
| Proceeds from bank term loans and bills payable to banksUnited States dollars thousands | 253,873 | 170,120 | PDF p. 63 |
| Repayment of bank term loans and bills payable to banksUnited States dollars thousands | (207,095) | (189,095) | PDF p. 63 |
| Dividends paid on ordinary sharesUnited States dollars thousands | (2,292) | (2,480) | PDF p. 63 |
| Net cash generated from/(used in) financing activitiesUnited States dollars thousands | 43,081 | (4,142) | PDF p. 63 |
| Net (decrease)/increase in cash and cash equivalentsUnited States dollars thousands | (25,090) | 18,158 | PDF p. 63 |
| Effect of exchange rate changes on cash and cash equivalentsUnited States dollars thousands | 191 | (414) | PDF p. 63 |
| Cash and cash equivalents at beginning of financial yearUnited States dollars thousands | 40,523 | 22,779 | PDF p. 63 |
| Cash and cash equivalents at end of financial yearUnited States dollars thousands | 15,624 | 40,523 | PDF p. 63 |
Original report: PDF p. 62 ↗ PDF p. 63 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | Source |
|---|---|---|---|
| Earnings per share (US cents) | |||
| – basicUS cents per share | 5.48 | 8.43 | PDF p. 58 |
| – dilutedUS cents per share | 5.48 | 8.43 | PDF p. 58 |
Original report: PDF p. 58 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group / Share capital | 2015Group / Accumulated profits | 2015Group / Merger reserve | 2015Group / Translation reserve | 2015Group / Hedging reserve | 2015Group / Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|
| equity | |||||||
| Balance at 1 September 2014United States dollars thousands | 193,802 | 154,792 | (179,347) | – | – | 169,247 | PDF p. 60 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 27,154 | – | (1,124) | (126) | 25,904 | PDF p. 60 |
| Issuance of shares by way of placementUnited States dollars thousands | 16,243 | – | – | – | – | 16,243 | PDF p. 60 |
| Share issuance expenseUnited States dollars thousands | (501) | – | – | – | – | (501) | PDF p. 60 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (2,480) | – | – | – | (2,480) | PDF p. 60 |
| Total transactions with owners of the CompanyUnited States dollars thousands | 15,742 | (2,480) | – | – | – | 13,262 | PDF p. 60 |
| Balance at 31 August 2015United States dollars thousands | 209,544 | 179,466 | (179,347) | (1,124) | (126) | 208,413 | PDF p. 60 |
Original report: PDF p. 60 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group / Share capital | 2016Group / Accumulated profits | 2016Group / Merger reserve | 2016Group / Translation reserve | 2016Group / Hedging reserve | 2016Group / Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|
| equity | |||||||
| Balance at 1 September 2015United States dollars thousands | 209,544 | 179,466 | (179,347) | (1,124) | (126) | 208,413 | PDF p. 60 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 17,793 | – | 425 | (759) | 17,459 | PDF p. 60 |
| transactions with owners of the | |||||||
| Dividends on ordinary shares representing total transactions with owners of the CompanyUnited States dollars thousands | – | (2,292) | – | – | – | (2,292) | PDF p. 60 |
| Balance at 31 August 2016United States dollars thousands | 209,544 | 194,967 | (179,347) | (699) | (885) | 223,580 | PDF p. 60 |
Original report: PDF p. 60 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Company / Share capital | 2015Company / Accumulated profits | 2015Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2014United States dollars thousands | 193,802 | 4,557 | 198,359 | PDF p. 61 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 11,594 | 11,594 | PDF p. 61 |
| Issuance of shares by way of placementUnited States dollars thousands | 16,243 | – | 16,243 | PDF p. 61 |
| Share issuance expenseUnited States dollars thousands | (501) | – | (501) | PDF p. 61 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (2,480) | (2,480) | PDF p. 61 |
| Total transactions with owners of the CompanyUnited States dollars thousands | 15,742 | (2,480) | 13,262 | PDF p. 61 |
| Balance at 31 August 2015United States dollars thousands | 209,544 | 13,671 | 223,215 | PDF p. 61 |
Original report: PDF p. 61 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Company / Share capital | 2016Company / Accumulated profits | 2016Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2015United States dollars thousands | 209,544 | 13,671 | 223,215 | PDF p. 61 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 5,246 | 5,246 | PDF p. 61 |
| Dividends on ordinary shares representing total transactions with owners of the CompanyUnited States dollars thousands | – | (2,292) | (2,292) | PDF p. 61 |
| Balance at 31 August 2016United States dollars thousands | 209,544 | 16,625 | 226,169 | PDF p. 61 |
Original report: PDF p. 61 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2016Group | 2015Group | Source |
|---|---|---|---|
| cash_fixed_asset_note | |||
| Aggregate cost of fixed assets acquiredUnited States dollars thousands | 21,043 | 16,995 | PDF p. 63 |
| Purchase by way of lease obligationsUnited States dollars thousands | (111) | – | PDF p. 63 |
| Purchase of fixed assets in cashUnited States dollars thousands | 20,932 | 16,995 | PDF p. 63 |
Original report: PDF p. 63 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/URU3THNOXB35K6FQ/431192_Triyards%20Holdings%20Limited%20Annual%20Report%202016.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2014Group | 2015Company | 2014Company | Source |
|---|---|---|---|---|---|
| income | |||||
| RevenueUnited States dollars thousands | 270,113 | 268,620 | 13,000 | 4,000 | PDF p. 63 |
| Cost of salesUnited States dollars thousands | (210,085) | (216,755) | – | – | PDF p. 63 |
| Gross profitUnited States dollars thousands | 60,028 | 51,865 | 13,000 | 4,000 | PDF p. 63 |
| Other income/(expenses)United States dollars thousands | 4,929 | 414 | 12 | (26) | PDF p. 63 |
| Administrative expensesUnited States dollars thousands | (30,110) | (16,756) | (1,420) | (1,004) | PDF p. 63 |
| Profit from operationsUnited States dollars thousands | 34,847 | 35,523 | 11,592 | 2,970 | PDF p. 63 |
| Financial incomeUnited States dollars thousands | 57 | 6 | 4 | 2 | PDF p. 63 |
| Financial expensesUnited States dollars thousands | (4,971) | (4,447) | (2) | (155) | PDF p. 63 |
| Profit before taxUnited States dollars thousands | 29,933 | 31,082 | 11,594 | 2,817 | PDF p. 63 |
| TaxUnited States dollars thousands | (2,779) | (4,417) | – | – | PDF p. 63 |
| Profit after taxUnited States dollars thousands | 27,154 | 26,665 | 11,594 | 2,817 | PDF p. 63 |
Original report: PDF p. 63 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2014Group | 2015Company | 2014Company | Source |
|---|---|---|---|---|---|
| comprehensive | |||||
| Profit after taxUnited States dollars thousands | 27,154 | 26,665 | 11,594 | 2,817 | PDF p. 64 |
| Items that may be reclassified subsequently to profit or loss | |||||
| Exchange differences on translating foreign operationsUnited States dollars thousands | (1,124) | – | – | – | PDF p. 64 |
| Items that may be reclassified subsequently to profit | |||||
| Fair value changes on cash flow hedgesUnited States dollars thousands | (126) | – | – | – | PDF p. 64 |
| Other comprehensive income, net of taxUnited States dollars thousands | (1,250) | – | – | – | PDF p. 64 |
| Total comprehensive income for the financial yearUnited States dollars thousands | 25,904 | 26,665 | 11,594 | 2,817 | PDF p. 64 |
Original report: PDF p. 64 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2014Group | 2015Company | 2014Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Fixed assetsUnited States dollars thousands | 138,319 | 107,220 | – | – | PDF p. 61 |
| Intangible assetsUnited States dollars thousands | 8,370 | 7,633 | – | – | PDF p. 61 |
| Investment in subsidiariesUnited States dollars thousands | – | – | 182,468 | 182,468 | PDF p. 61 |
| Available-for-sale investmentsUnited States dollars thousands | 37 | – | – | – | PDF p. 61 |
| Deferred tax assetsUnited States dollars thousands | 699 | 201 | – | – | PDF p. 61 |
| Current assets | |||||
| Inventories and work-in-progressUnited States dollars thousands | 51,703 | 30,979 | – | – | PDF p. 61 |
| Trade receivablesUnited States dollars thousands | 148,435 | 156,860 | – | – | PDF p. 61 |
| Other receivablesUnited States dollars thousands | 7,942 | 4,193 | 7 | 50 | PDF p. 61 |
| Other current assetsUnited States dollars thousands | 20,664 | 4,866 | 236 | 488 | PDF p. 61 |
| Derivative financial instrumentsUnited States dollars thousands | 177 | – | – | – | PDF p. 61 |
| Balances due from: | |||||
| – subsidiariesUnited States dollars thousands | – | – | 44,670 | 33,599 | PDF p. 61 |
| – ultimate holding companyUnited States dollars thousands | 1,363 | 37 | 38 | 37 | PDF p. 61 |
| – related companiesUnited States dollars thousands | 9,001 | 23,205 | 420 | 382 | PDF p. 61 |
| – affiliated companiesUnited States dollars thousands | – | 3,556 | – | 42 | PDF p. 61 |
| Cash and cash equivalentsUnited States dollars thousands | 40,523 | 22,779 | 78 | 198 | PDF p. 61 |
| Cash pledgedUnited States dollars thousands | 2,938 | – | – | – | PDF p. 61 |
| SubtotalUnited States dollars thousands | 282,746 | 246,475 | 45,449 | 34,796 | PDF p. 61 |
| Current liabilities | |||||
| Trade payablesUnited States dollars thousands | 31,450 | 27,102 | – | – | PDF p. 61 |
| Other payablesUnited States dollars thousands | 75,669 | 37,872 | 593 | 838 | PDF p. 61 |
| Balances due to: | |||||
| – subsidiariesUnited States dollars thousands | – | – | 4,109 | 18,067 | PDF p. 61 |
| – ultimate holding companyUnited States dollars thousands | 734 | 1,725 | – | – | PDF p. 61 |
| – related companiesUnited States dollars thousands | 2,968 | 11,444 | – | – | PDF p. 61 |
| – affiliated companiesUnited States dollars thousands | 893 | – | – | – | PDF p. 61 |
| Derivative financial instrumentsUnited States dollars thousands | 126 | – | – | – | PDF p. 61 |
| Bills payable to banksUnited States dollars thousands | 39,316 | 20,411 | – | – | PDF p. 61 |
| Lease obligationsUnited States dollars thousands | 351 | 23 | – | – | PDF p. 61 |
| Bank term loansUnited States dollars thousands | 49,111 | 83,380 | – | – | PDF p. 61 |
| Provision for taxUnited States dollars thousands | 3,340 | 4,396 | – | – | PDF p. 61 |
| SubtotalUnited States dollars thousands | 203,958 | 186,353 | 4,702 | 18,905 | PDF p. 61 |
| Net current assetsUnited States dollars thousands | 78,788 | 60,122 | 40,747 | 15,891 | PDF p. 61 |
| Non-current liabilities | |||||
| Lease obligationsUnited States dollars thousands | (1,121) | (91) | – | – | PDF p. 61 |
| Bank term loansUnited States dollars thousands | (14,221) | (5,597) | – | – | PDF p. 61 |
| Deferred tax liabilitiesUnited States dollars thousands | (2,458) | (241) | – | – | PDF p. 61 |
| NET ASSETSUnited States dollars thousands | 208,413 | 169,247 | 223,215 | 198,359 | PDF p. 61 |
| Equity | |||||
| Share capitalUnited States dollars thousands | 209,544 | 193,802 | 209,544 | 193,802 | PDF p. 62 |
| Accumulated profitsUnited States dollars thousands | 179,466 | 154,792 | 13,671 | 4,557 | PDF p. 62 |
| Merger reserveUnited States dollars thousands | (179,347) | (179,347) | – | – | PDF p. 62 |
| Translation reserveUnited States dollars thousands | (1,124) | – | – | – | PDF p. 62 |
| Hedging reserveUnited States dollars thousands | (126) | – | – | – | PDF p. 62 |
| TOTAL EQUITYUnited States dollars thousands | 208,413 | 169,247 | 223,215 | 198,359 | PDF p. 62 |
Original report: PDF p. 61 ↗ PDF p. 62 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2014Group | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before taxUnited States dollars thousands | 29,933 | 31,082 | PDF p. 67 |
| Adjustments: | |||
| Depreciation of fixed assetsUnited States dollars thousands | 11,925 | 7,785 | PDF p. 67 |
| Gain on disposal of fixed assetsUnited States dollars thousands | (71) | (27) | PDF p. 67 |
| Fixed assets written offUnited States dollars thousands | 72 | 1 | PDF p. 67 |
| Amortisation of intangible assetsUnited States dollars thousands | 1,112 | – | PDF p. 67 |
| Unrealised exchange loss/(gain)United States dollars thousands | 753 | (114) | PDF p. 67 |
| Interest expenseUnited States dollars thousands | 4,971 | 4,447 | PDF p. 67 |
| Interest incomeUnited States dollars thousands | (57) | (6) | PDF p. 67 |
| Bad debts written off, netUnited States dollars thousands | 41 | – | PDF p. 67 |
| Allowance for doubtful debts, netUnited States dollars thousands | 8 | – | PDF p. 67 |
| Inventories written offUnited States dollars thousands | 284 | – | PDF p. 67 |
| Gain on bargain purchase of subsidiariesUnited States dollars thousands | (3,590) | – | PDF p. 67 |
| Operating profit before working capital changesUnited States dollars thousands | 45,381 | 43,168 | PDF p. 67 |
| Decrease/(Increase) in: | |||
| Inventories and work-in-progressUnited States dollars thousands | (17,955) | 6,562 | PDF p. 67 |
| Trade receivablesUnited States dollars thousands | 32,166 | (48,670) | PDF p. 67 |
| Other receivables and other current assetsUnited States dollars thousands | (11,336) | (2,819) | PDF p. 67 |
| Due from ultimate holding companyUnited States dollars thousands | (1,326) | (37) | PDF p. 67 |
| Due from related companiesUnited States dollars thousands | 14,204 | 19,769 | PDF p. 67 |
| Due from affiliated companiesUnited States dollars thousands | 3,556 | (3,508) | PDF p. 67 |
| Increase/(decrease) in: | |||
| Trade payablesUnited States dollars thousands | (5,914) | 6,113 | PDF p. 67 |
| Other payablesUnited States dollars thousands | 18,838 | 11,492 | PDF p. 67 |
| Due to ultimate holding companyUnited States dollars thousands | (991) | (821) | PDF p. 67 |
| Due to related companiesUnited States dollars thousands | (8,476) | (15,507) | PDF p. 67 |
| Due to affiliated companiesUnited States dollars thousands | 893 | – | PDF p. 67 |
| Cash generated from operationsUnited States dollars thousands | 69,040 | 15,742 | PDF p. 67 |
| Interest paidUnited States dollars thousands | (4,971) | (4,447) | PDF p. 67 |
| Interest income receivedUnited States dollars thousands | 57 | 6 | PDF p. 67 |
| Tax paidUnited States dollars thousands | (5,771) | (3,578) | PDF p. 67 |
| Net cash generated from operating activitiesUnited States dollars thousands | 58,355 | 7,723 | PDF p. 67 |
| Cash flows from investing activities | |||
| Purchase of fixed assetsUnited States dollars thousands | (16,995) | (13,187) | PDF p. 67 |
| Additions to intangible assetsUnited States dollars thousands | (548) | (433) | PDF p. 67 |
| Proceeds from disposal of fixed assetsUnited States dollars thousands | 82 | 35 | PDF p. 67 |
| Increase in cash pledgedUnited States dollars thousands | (2,938) | – | PDF p. 67 |
| Acquisition of subsidiaries, net of cash paidUnited States dollars thousands | (15,656) | – | PDF p. 67 |
| Net cash used in investing activitiesUnited States dollars thousands | (36,055) | (13,585) | PDF p. 67 |
| Cash flows from financing activities | |||
| Proceeds from lease financingUnited States dollars thousands | 1,931 | – | PDF p. 68 |
| (Repayment of )/proceeds from lease obligationsUnited States dollars thousands | (360) | 112 | PDF p. 68 |
| Proceeds from issuance of placement shares, net of transaction costsUnited States dollars thousands | 15,742 | – | PDF p. 68 |
| Proceeds from bank term loans and bills payable to banksUnited States dollars thousands | 170,120 | 170,347 | PDF p. 68 |
| Repayment of bank term loans and bills payable to banksUnited States dollars thousands | (189,095) | (152,688) | PDF p. 68 |
| Dividends paid on ordinary sharesUnited States dollars thousands | (2,480) | (4,628) | PDF p. 68 |
| Net cash (used in)/generated from financing activitiesUnited States dollars thousands | (4,142) | 13,143 | PDF p. 68 |
| Net increase in cash and cash equivalentsUnited States dollars thousands | 18,158 | 7,281 | PDF p. 68 |
| Effect of exchange rate changes on cash and cash equivalentsUnited States dollars thousands | (414) | 38 | PDF p. 68 |
| Cash and cash equivalents at beginning of financial yearUnited States dollars thousands | 22,779 | 15,460 | PDF p. 68 |
| Cash and cash equivalents at end of financial yearUnited States dollars thousands | 40,523 | 22,779 | PDF p. 68 |
Original report: PDF p. 67 ↗ PDF p. 68 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group | 2014Group | Source |
|---|---|---|---|
| Earnings per share (US cents) | |||
| – basicUS cents per share | 8.43 | 9.04 | PDF p. 63 |
| – dilutedUS cents per share | 8.43 | 9.04 | PDF p. 63 |
Original report: PDF p. 63 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / Share capital | 2014Group / Accumulated profits | 2014Group / Merger reserve | 2014Group / Translation reserve | 2014Group / Hedging reserve | 2014Group / Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|
| equity | |||||||
| Balance at 1 September 2013United States dollars thousands | 193,802 | 132,755 | (179,347) | – | – | 147,210 | PDF p. 65 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 26,665 | – | – | – | 26,665 | PDF p. 65 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (4,628) | – | – | – | (4,628) | PDF p. 65 |
| Balance at 31 August 2014United States dollars thousands | 193,802 | 154,792 | (179,347) | – | – | 169,247 | PDF p. 65 |
Original report: PDF p. 65 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Group / Share capital | 2015Group / Accumulated profits | 2015Group / Merger reserve | 2015Group / Translation reserve | 2015Group / Hedging reserve | 2015Group / Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|
| equity | |||||||
| Balance at 1 September 2014United States dollars thousands | 193,802 | 154,792 | (179,347) | – | – | 169,247 | PDF p. 65 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 27,154 | – | (1,124) | (126) | 25,904 | PDF p. 65 |
| Issuance of shares by way of placementUnited States dollars thousands | 16,243 | – | – | – | – | 16,243 | PDF p. 65 |
| Share issuance expenseUnited States dollars thousands | (501) | – | – | – | – | (501) | PDF p. 65 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (2,480) | – | – | – | (2,480) | PDF p. 65 |
| Total transactions with owners in their capacity as ownersUnited States dollars thousands | 15,742 | (2,480) | – | – | – | 13,262 | PDF p. 65 |
| Balance at 31 August 2015United States dollars thousands | 209,544 | 179,466 | (179,347) | (1,124) | (126) | 208,413 | PDF p. 65 |
Original report: PDF p. 65 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Company / Share capital | 2014Company / Accumulated profits | 2014Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2013United States dollars thousands | 193,802 | 6,368 | 200,170 | PDF p. 66 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 2,817 | 2,817 | PDF p. 66 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (4,628) | (4,628) | PDF p. 66 |
| Balance at 31 August 2014United States dollars thousands | 193,802 | 4,557 | 198,359 | PDF p. 66 |
Original report: PDF p. 66 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2015Company / Share capital | 2015Company / Accumulated profits | 2015Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2014United States dollars thousands | 193,802 | 4,557 | 198,359 | PDF p. 66 |
| Total comprehensive income for the financial yearUnited States dollars thousands | – | 11,594 | 11,594 | PDF p. 66 |
| Issuance of shares by way of placementUnited States dollars thousands | 16,243 | – | 16,243 | PDF p. 66 |
| Share issuance expenseUnited States dollars thousands | (501) | – | (501) | PDF p. 66 |
| Dividends on ordinary sharesUnited States dollars thousands | – | (2,480) | (2,480) | PDF p. 66 |
| Total transactions with owners in their capacity as ownersUnited States dollars thousands | 15,742 | (2,480) | 13,262 | PDF p. 66 |
| Balance at 31 August 2015United States dollars thousands | 209,544 | 13,671 | 223,215 | PDF p. 66 |
Original report: PDF p. 66 ↗
Original USD thousands, except explicitly indicated US cents per share. Annual period ended31August. Original comparison columns are separately retained; no fabricated zero for unprinted CompanyEPS.
Statements of financial position use assets less liabilities/net assets presentation. Group and Company columns are distinct. Source row quotes/pages remain bound separately for continued pages.
Source: https://links.sgx.com/1.0.0/corporate-announcements/UG0W2OKLDX9AD9IN/380085_Triyards%20Holdings%20Limited%20Annual%20Report%202015.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth quarter | 2013Group / fourth quarter | 2014Group / full year | 2013Group / full year | Source |
|---|---|---|---|---|---|
| income | |||||
| RevenueUnited States dollars thousands | 48,769 | 76,731 | 268,620 | 275,123 | PDF p. 1 |
| Cost of salesUnited States dollars thousands | (35,591) | (62,312) | (216,755) | (225,430) | PDF p. 1 |
| Gross profitUnited States dollars thousands | 13,178 | 14,419 | 51,865 | 49,693 | PDF p. 1 |
| Other income, netUnited States dollars thousands | 162 | 285 | 414 | 942 | PDF p. 1 |
| Administrative expensesUnited States dollars thousands | (5,812) | (2,445) | (16,756) | (13,210) | PDF p. 1 |
| Profit from operationsUnited States dollars thousands | 7,528 | 12,259 | 35,523 | 37,425 | PDF p. 1 |
| Financial incomeUnited States dollars thousands | 1 | 3 | 6 | 25 | PDF p. 1 |
| Financial expensesUnited States dollars thousands | (1,222) | (795) | (4,447) | (2,568) | PDF p. 1 |
| Profit before taxUnited States dollars thousands | 6,307 | 11,467 | 31,082 | 34,882 | PDF p. 1 |
| TaxUnited States dollars thousands | (1,010) | (1,164) | (4,417) | (3,450) | PDF p. 1 |
| Profit after taxUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 1 |
| Attributable to: | |||||
| Owners of the CompanyUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 1 |
| SubtotalUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 1 |
Original report: PDF p. 1 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth-quarter change against prior year | 2014Group / full-year change against prior year | Source |
|---|---|---|---|
| income | |||
| Revenue% | (36) | (2) | PDF p. 1 |
| Cost of sales% | (43) | (4) | PDF p. 1 |
| Gross profit% | (9) | 4 | PDF p. 1 |
| Other income, net% | (43) | (56) | PDF p. 1 |
| Administrative expenses% | 138 | 27 | PDF p. 1 |
| Profit from operations% | (39) | (5) | PDF p. 1 |
| Financial income% | (67) | (76) | PDF p. 1 |
| Financial expenses% | 54 | 73 | PDF p. 1 |
| Profit before tax% | (45) | (11) | PDF p. 1 |
| Tax% | (13) | 28 | PDF p. 1 |
| Profit after tax% | (49) | (15) | PDF p. 1 |
| Attributable to: | |||
| Owners of the Company% | (49) | (15) | PDF p. 1 |
| Subtotal% | (49) | (15) | PDF p. 1 |
Original report: PDF p. 1 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth quarter | 2013Group / fourth quarter | 2014Group / full year | 2013Group / full year | Source |
|---|---|---|---|---|---|
| comprehensive | |||||
| Profit after taxUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 2 |
| Other comprehensive incomeUnited States dollars thousands | - | - | - | - | PDF p. 2 |
| Other comprehensive income for the financial period/year, net of taxUnited States dollars thousands | - | - | - | - | PDF p. 2 |
| TOTAL COMPREHENSIVE INCOME FOR FINANCIAL PERIOD/YEARUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 2 |
| Total comprehensive income attributable to: | |||||
| Owners of the CompanyUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 2 |
| SubtotalUnited States dollars thousands | 5,297 | 10,303 | 26,665 | 31,432 | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth-quarter change against prior year | 2014Group / full-year change against prior year | Source |
|---|---|---|---|
| comprehensive | |||
| Profit after tax% | (49) | (15) | PDF p. 2 |
| TOTAL COMPREHENSIVE INCOME FOR FINANCIAL PERIOD/YEAR% | (49) | (15) | PDF p. 2 |
| Total comprehensive income attributable to: | |||
| Owners of the Company% | (49) | (15) | PDF p. 2 |
| Subtotal% | (49) | (15) | PDF p. 2 |
Original report: PDF p. 2 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth quarter | 2013Group / fourth quarter | 2014Group / full year | 2013Group / full year | Source |
|---|---|---|---|---|---|
| PBT_note | |||||
| Depreciation of fixed assetsUnited States dollars thousands | (2,039) | (1,498) | (7,785) | (5,944) | PDF p. 3 |
| Gain on disposal of fixed assetsUnited States dollars thousands | - | - | 27 | - | PDF p. 3 |
| Fixed assets written offUnited States dollars thousands | - | (3) | (1) | (47) | PDF p. 3 |
| Interest incomeUnited States dollars thousands | 1 | 3 | 6 | 25 | PDF p. 3 |
| Exchange (loss)/gain, netUnited States dollars thousands | (22) | 267 | (279) | 335 | PDF p. 3 |
Original report: PDF p. 3 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth-quarter change against prior year | 2014Group / full-year change against prior year | Source |
|---|---|---|---|
| PBT_note | |||
| Depreciation of fixed assets% | 36 | 31 | PDF p. 3 |
| Gain on disposal of fixed assets% | nm | nm | PDF p. 3 |
| Fixed assets written off% | (100) | (98) | PDF p. 3 |
| Interest income% | (67) | (76) | PDF p. 3 |
| Exchange (loss)/gain, net% | (108) | (183) | PDF p. 3 |
Original report: PDF p. 3 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group | 2013Group | 2014Company | 2013Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Fixed assetsUnited States dollars thousands | 107,220 | 102,189 | - | - | PDF p. 4 |
| Intangible assetsUnited States dollars thousands | 7,633 | 7,200 | - | - | PDF p. 4 |
| Investments in subsidiariesUnited States dollars thousands | - | - | 182,468 | 181,968 | PDF p. 4 |
| Deferred tax assetsUnited States dollars thousands | 201 | 442 | - | - | PDF p. 4 |
| Current assets | |||||
| Inventories and work-in-progressUnited States dollars thousands | 30,979 | 37,179 | - | - | PDF p. 4 |
| Trade receivablesUnited States dollars thousands | 156,860 | 108,190 | - | - | PDF p. 4 |
| Other receivablesUnited States dollars thousands | 4,193 | 2,958 | 50 | 7 | PDF p. 4 |
| Other current assetsUnited States dollars thousands | 4,866 | 3,282 | 488 | 95 | PDF p. 4 |
| Balances due from - subsidiariesUnited States dollars thousands | - | - | 33,599 | 28,446 | PDF p. 4 |
| - ultimate holding companyUnited States dollars thousands | 37 | - | 37 | - | PDF p. 4 |
| - related companiesUnited States dollars thousands | 23,205 | 42,974 | 382 | 35 | PDF p. 4 |
| - affiliated companiesUnited States dollars thousands | 3,556 | 48 | 42 | - | PDF p. 4 |
| Cash and cash equivalentsUnited States dollars thousands | 22,779 | 15,460 | 198 | 97 | PDF p. 4 |
| SubtotalUnited States dollars thousands | 246,475 | 210,091 | 34,796 | 28,680 | PDF p. 4 |
| Current liabilities | |||||
| Trade payablesUnited States dollars thousands | 27,102 | 21,167 | - | - | PDF p. 4 |
| Other payablesUnited States dollars thousands | 37,872 | 26,380 | 838 | 393 | PDF p. 4 |
| Balances due to - subsidiariesUnited States dollars thousands | - | - | 18,067 | 10,085 | PDF p. 4 |
| - ultimate holding companyUnited States dollars thousands | 1,725 | 2,546 | - | - | PDF p. 4 |
| - related companiesUnited States dollars thousands | 11,444 | 26,951 | - | - | PDF p. 4 |
| Bills payable to banksUnited States dollars thousands | 20,411 | 24,848 | - | - | PDF p. 4 |
| Lease obligationsUnited States dollars thousands | 23 | - | - | - | PDF p. 4 |
| Bank term loansUnited States dollars thousands | 83,380 | 66,781 | - | - | PDF p. 4 |
| Provision for taxUnited States dollars thousands | 4,396 | 3,972 | - | - | PDF p. 4 |
| SubtotalUnited States dollars thousands | 186,353 | 172,645 | 18,905 | 10,478 | PDF p. 4 |
| Net current assetsUnited States dollars thousands | 60,122 | 37,446 | 15,891 | 18,202 | PDF p. 4 |
| Non-current liabilities | |||||
| Lease obligationsUnited States dollars thousands | (91) | - | - | - | PDF p. 4 |
| Bank term loansUnited States dollars thousands | (5,597) | - | - | - | PDF p. 4 |
| Deferred tax liabilitiesUnited States dollars thousands | (241) | (67) | - | - | PDF p. 4 |
| NET ASSETSUnited States dollars thousands | 169,247 | 147,210 | 198,359 | 200,170 | PDF p. 4 |
| Equity | |||||
| Share capitalUnited States dollars thousands | 193,802 | 193,802 | 193,802 | 193,802 | PDF p. 4 |
| Accumulated profitsUnited States dollars thousands | 154,792 | 132,755 | 4,557 | 6,368 | PDF p. 4 |
| Merger reserveUnited States dollars thousands | (179,347) | (179,347) | - | - | PDF p. 4 |
| TOTAL EQUITYUnited States dollars thousands | 169,247 | 147,210 | 198,359 | 200,170 | PDF p. 4 |
Original report: PDF p. 4 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / Secured | 2014Group / Unsecured | 2013Group / Secured | 2013Group / Unsecured | Source |
|---|---|---|---|---|---|
| borrowings | |||||
| Amount repayable in one year or less, or on demandUnited States dollars thousands | 77,107 | 26,707 | 62,781 | 28,848 | PDF p. 4 |
| Amount repayable after one yearUnited States dollars thousands | 3,091 | 2,597 | - | - | PDF p. 4 |
Original report: PDF p. 4 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / fourth quarter | 2013Group / fourth quarter | 2014Group / full year | 2013Group / full year | Source |
|---|---|---|---|---|---|
| Cash flows from operating activities | |||||
| Profit before taxUnited States dollars thousands | 6,307 | 11,467 | 31,082 | 34,882 | PDF p. 5 |
| Adjustments: | |||||
| Depreciation of fixed assetsUnited States dollars thousands | 2,039 | 1,498 | 7,785 | 5,944 | PDF p. 5 |
| Gain on disposal of fixed assetsUnited States dollars thousands | - | - | (27) | - | PDF p. 5 |
| Fixed assets written offUnited States dollars thousands | - | 3 | 1 | 47 | PDF p. 5 |
| Unrealised exchange gainUnited States dollars thousands | (8) | (155) | (114) | (274) | PDF p. 5 |
| Interest expenseUnited States dollars thousands | 1,222 | 795 | 4,447 | 2,568 | PDF p. 5 |
| Interest incomeUnited States dollars thousands | (1) | (3) | (6) | (25) | PDF p. 5 |
| Operating profit before working capital changesUnited States dollars thousands | 9,559 | 13,605 | 43,168 | 43,142 | PDF p. 5 |
| (Increase)/decrease in: | |||||
| Inventories and work-in-progressUnited States dollars thousands | 10,085 | 6,673 | 6,562 | 12,004 | PDF p. 5 |
| Trade receivablesUnited States dollars thousands | 16,055 | (51,764) | (48,670) | 8,269 | PDF p. 5 |
| Other receivables and other current assetsUnited States dollars thousands | (1,852) | 17,694 | (2,819) | 2,591 | PDF p. 5 |
| Due from ultimate holding companyUnited States dollars thousands | 27 | - | (37) | - | PDF p. 5 |
| Due from related companiesUnited States dollars thousands | 6,222 | 53,314 | 19,769 | (16,400) | PDF p. 5 |
| Due from affiliated companiesUnited States dollars thousands | (9) | 759 | (3,508) | (20) | PDF p. 5 |
| Increase/(decrease) in: | |||||
| Trade payablesUnited States dollars thousands | 8,570 | 1,218 | 6,113 | 12,155 | PDF p. 5 |
| Other payablesUnited States dollars thousands | (7,774) | (24,965) | 11,492 | 6,612 | PDF p. 5 |
| Due to ultimate holding companyUnited States dollars thousands | (1,173) | (1,250) | (821) | 450 | PDF p. 5 |
| Due to related companiesUnited States dollars thousands | (10,668) | (33,422) | (15,507) | (45,188) | PDF p. 5 |
| Cash generated from/(used in) operationsUnited States dollars thousands | 29,042 | (18,138) | 15,742 | 23,615 | PDF p. 5 |
| Interest paidUnited States dollars thousands | (1,222) | (795) | (4,447) | (2,568) | PDF p. 5 |
| Interest income receivedUnited States dollars thousands | 1 | 3 | 6 | 25 | PDF p. 5 |
| Tax paidUnited States dollars thousands | (207) | (1,188) | (3,578) | (5,320) | PDF p. 5 |
| Net cash generated from/(used in) operating activitiesUnited States dollars thousands | 27,614 | (20,118) | 7,723 | 15,752 | PDF p. 5 |
| Cash flows from investing activities | |||||
| Purchase of fixed assetsUnited States dollars thousands | (6,482) | (9,515) | (13,187) | (25,819) | PDF p. 5 |
| Additions to intangible assetsUnited States dollars thousands | (433) | (7,200) | (433) | (7,200) | PDF p. 5 |
| Proceeds from disposal of fixed assetsUnited States dollars thousands | - | - | 35 | - | PDF p. 5 |
| Net cash used in investing activitiesUnited States dollars thousands | (6,915) | (16,715) | (13,585) | (33,019) | PDF p. 5 |
| Cash flows from financing activities | |||||
| (Repayment)/proceeds from lease obligations, netUnited States dollars thousands | (7) | - | 112 | - | PDF p. 5 |
| Proceeds from bank term loans and bills payable to banksUnited States dollars thousands | 31,872 | 67,348 | 170,347 | 146,180 | PDF p. 5 |
| Repayment of bank term loans and bills payable to banksUnited States dollars thousands | (37,158) | (25,961) | (152,688) | (120,913) | PDF p. 5 |
| Dividends paid on ordinary sharesUnited States dollars thousands | - | - | (4,628) | - | PDF p. 5 |
| Net cash (used in)/generated from financing activitiesUnited States dollars thousands | (5,293) | 41,387 | 13,143 | 25,267 | PDF p. 5 |
| Net increase in cash and cash equivalentsUnited States dollars thousands | 15,406 | 4,554 | 7,281 | 8,000 | PDF p. 5 |
| Effects of exchange on cash and cash equivalentsUnited States dollars thousands | (21) | 74 | 38 | 136 | PDF p. 5 |
| Cash and cash equivalents at beginning of financial period/yearUnited States dollars thousands | 7,394 | 10,832 | 15,460 | 7,324 | PDF p. 5 |
| Cash and cash equivalents at end of financial period/yearUnited States dollars thousands | 22,779 | 15,460 | 22,779 | 15,460 | PDF p. 5 |
Original report: PDF p. 5 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2013Group / Share capital | 2013Group / Accumulated profits | 2013Group / Capital reserve | 2013Group / Merger reserve | 2013Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| Balance at 1 September 2012United States dollars thousands | 3 | 101,323 | 3,672 | - | 104,998 | PDF p. 6 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 31,432 | - | - | 31,432 | PDF p. 6 |
| Adjustment arising from Restructuring ExerciseUnited States dollars thousands | (3) | - | (3,672) | (179,347) | (183,022) | PDF p. 6 |
| Issuance of new ordinary sharesUnited States dollars thousands | 193,802 | - | - | - | 193,802 | PDF p. 6 |
| Total transactions with owners in their capacity as ownersUnited States dollars thousands | 193,799 | - | (3,672) | (179,347) | 10,780 | PDF p. 6 |
| Balance at 31 August 2013United States dollars thousands | 193,802 | 132,755 | - | (179,347) | 147,210 | PDF p. 6 |
Original report: PDF p. 6 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / Share capital | 2014Group / Accumulated profits | 2014Group / Capital reserve | 2014Group / Merger reserve | 2014Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| Balance at 1 September 2013United States dollars thousands | 193,802 | 132,755 | - | (179,347) | 147,210 | PDF p. 6 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 26,665 | - | - | 26,665 | PDF p. 6 |
| Dividends on ordinary sharesUnited States dollars thousands | - | (4,628) | - | - | (4,628) | PDF p. 6 |
| Balance at 31 August 2014United States dollars thousands | 193,802 | 154,792 | - | (179,347) | 169,247 | PDF p. 6 |
Original report: PDF p. 6 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2013Company / Share capital | 2013Company / Accumulated profits / loss | 2013Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2012United States dollars thousands | - | (1,460) | (1,460) | PDF p. 6 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 7,828 | 7,828 | PDF p. 6 |
| Issuance of new ordinary sharesUnited States dollars thousands | 193,802 | - | 193,802 | PDF p. 6 |
| Balance at 31 August 2013United States dollars thousands | 193,802 | 6,368 | 200,170 | PDF p. 6 |
Original report: PDF p. 6 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
FY2013 Company opening share capital prints -*, defined on original page6 as less than US$1,000. Original dash and marker remain in source cell geometry; do not infer an exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Company / Share capital | 2014Company / Accumulated profits / loss | 2014Company / Total equity | Source |
|---|---|---|---|---|
| equity | ||||
| Balance at 1 September 2013United States dollars thousands | 193,802 | 6,368 | 200,170 | PDF p. 6 |
| Total comprehensive income for the financial yearUnited States dollars thousands | - | 2,817 | 2,817 | PDF p. 6 |
| Dividends on ordinary sharesUnited States dollars thousands | - | (4,628) | (4,628) | PDF p. 6 |
| Balance at 31 August 2014United States dollars thousands | 193,802 | 4,557 | 198,359 | PDF p. 6 |
Original report: PDF p. 6 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
FY2013 Company opening share capital prints -*, defined on original page6 as less than US$1,000. Original dash and marker remain in source cell geometry; do not infer an exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group / full year | 2013Group / full year | Source |
|---|---|---|---|
| EPS_note | |||
| Net profit attributable to owners of the Company (US$’000)United States dollars thousands | 26,665 | 31,432 | PDF p. 8 |
| EPS denominator: weighted average shares, not cents per share | |||
| Weighted average number of ordinary shares on issue for calculation of ('000): - Basic earnings per shareordinary shares thousands | 295,009 | 268,363 | PDF p. 8 |
| Weighted average number of ordinary shares on issue for calculation of ('000): - Diluted earnings per shareordinary shares thousands | 295,009 | 268,363 | PDF p. 8 |
| Earnings per ordinary share (“EPS”) (US cents) of the Group: | |||
| (a) Based on the weighted average number of ordinary shares on issueUS cents per share | 9.04 | 11.71 | PDF p. 8 |
| (b) On a fully diluted basisUS cents per share | 9.04 | 11.71 | PDF p. 8 |
Original report: PDF p. 8 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Units appear below each metric. Scroll to compare years
| Metric / unit | 2014Group | 2013Group | 2014Company | 2013Company | Source |
|---|---|---|---|---|---|
| NAV_note | |||||
| Net asset value per ordinary share (US cents)US cents per share | 57.37 | 49.90 | 67.24 | 67.85 | PDF p. 8 |
Original report: PDF p. 8 ↗
Neither audited nor reviewed by the auditors, explicitly stated in original results. USD thousands except US cents per share, share-count denominators and percent rows.
Original Group/Company and quarter/full-year scopes are retained. Dashes and nm are not asserted exact zero; source comparison differences are not silently harmonised.
Source: https://links.sgx.com/1.0.0/corporate-announcements/60Z0OD4M0YJYPS3Z/318976_Triyards_Masnet%20Announcement%20Q4FY14.pdf
Where the money comes from
| Item / unit | 2016Engineering and Fabrication Services segment | 2016Group | Source |
|---|---|---|---|
| Revenue | |||
| Sales to external customersUS$'000 | 324,892 | 324,892 | PDF p. 125 |
| Profit from operationsUS$'000 | 24,323 | 24,323 | PDF p. 125 |
| Assets | |||
| Segment assetsUS$'000 | 477,885 | 477,885 | PDF p. 125 |
| Liabilities | |||
| Segment liabilitiesUS$'000 | 254,089 | 254,089 | PDF p. 125 |
| Other information | |||
| Capital expenditureUS$'000 | 21,043 | 21,043 | PDF p. 125 |
| Depreciation and amortisationUS$'000 | 11,721 | 11,721 | PDF p. 125 |
(1) Capital expenditure consists of additions to fixed assets (footnote printed on page 126). Single reportable segment; unallocated/total rows have only a Group-column value.
| Item / unit | 2015Engineering and Fabrication Services segment | 2015Group | Source |
|---|---|---|---|
| Revenue | |||
| Sales to external customersUS$'000 | 270,113 | 270,113 | PDF p. 126 |
| Profit from operationsUS$'000 | 34,847 | 34,847 | PDF p. 126 |
(1) Capital expenditure consists of additions to fixed assets.
(2) The comparative figures have been restated to reflect changes in composition of each reportable segment.
| Item / unit | 2016Group | 2015Group | Source |
|---|---|---|---|
| Revenue | |||
| AsiaUS$'000 | 107,389 | 102,459 | PDF p. 127 |
| EuropeUS$'000 | 153,960 | 141,168 | PDF p. 127 |
| Other countries (4)US$'000 | 63,543 | 26,486 | PDF p. 127 |
| TotalUS$'000 | 324,892 | 270,113 | PDF p. 127 |
(3) Revenue is based on the location of customers.
(4) Other countries include Americas, Australia, Egypt, Marshall Islands, and New Zealand, out of which contribution from Marshall Islands was US$44,933,000 (2015: US$21,223,000) during the financial year.
Revenue from 13 (2015: 10) major customers amounting to US$262,114,000 (2015: US$196,737,000) arose from sales by the Engineering and Fabrication Services segment.
Row label 'Other countries (4)' is split across lines in source; the quote shows only the value line.
| Item / unit | 2016Group | 2015Group | Source |
|---|---|---|---|
| Non-current assets | |||
| VietnamUS$'000 | 106,155 | 91,782 | PDF p. 127 |
| AmericasUS$'000 | 12,041 | 17,975 | PDF p. 127 |
| SingaporeUS$'000 | 30,226 | 36,932 | PDF p. 127 |
| TotalUS$'000 | 148,422 | 146,689 | PDF p. 127 |
Non-current assets (comprising fixed assets, intangible assets and finance lease receivable) are based on the location of the companies that own those assets.
Debt
| Item / unit | 2016Group minimum lease payments, US$'000 | 2016Group present value of payments, US$'000 | 2015Group minimum lease payments, US$'000 | 2015Group present value of payments, US$'000 | Source |
|---|---|---|---|---|---|
| Lease obligations | |||||
| Not later than one yearUS$'000 | 49 | 44 | 397 | 351 | PDF p. 102 |
| Later than one year but not later than five yearsUS$'000 | 129 | 123 | 1,180 | 1,121 | PDF p. 102 |
| More than five yearsUS$'000 | – | – | – | – | PDF p. 102 |
| Total minimum lease paymentsUS$'000 | 178 | 167 | 1,577 | 1,472 | PDF p. 102 |
| Less: Amounts representing finance chargesUS$'000 | (11) | – | (105) | – | PDF p. 102 |
| Present value of minimum lease paymentsUS$'000 | 167 | 167 | 1,472 | 1,472 | PDF p. 102 |
Lease terms are for 5 years with options to purchase at the end of the lease term.
Lease obligations are secured by a charge over the leased assets (Note 4) and bear interests at flat rates ranging from 1.48% to 2.60% (2015: 1.78% to 2.60%) per annum. Effective interest rates ranged from 2.97% to 5.10% (2015: 3.53% to 5.10%) per annum.
Lease obligations are denominated in Singapore Dollar.
A subtotal row printed as 129/123/1,180/1,121 under the 'more than five years' line is not separately labelled in the source.
| Item / unit | 2016US$'000 | 2015US$'000 | Source |
|---|---|---|---|
| Bank term loans | |||
| Due within 1 yearUS$'000 | 67,472 | 49,111 | PDF p. 102 |
| Due within 2 to 5 yearsUS$'000 | 11,927 | 14,221 | PDF p. 102 |
| TotalUS$'000 | 79,399 | 63,332 | PDF p. 102 |
| Item / unit | 2016One year or less, US$'000 | 2016One to five years, US$'000 | 2016Over five years, US$'000 | 2016Total, US$'000 | 2015One year or less, US$'000 | 2015One to five years, US$'000 | 2015Over five years, US$'000 | 2015Total, US$'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities | |||||||||
| Bills payable to banksUS$'000 | 71,136 | – | – | 71,136 | 39,742 | – | – | 39,742 | PDF p. 117PDF p. 118 |
| Lease obligationsUS$'000 | 49 | 129 | – | 178 | 397 | 1,180 | – | 1,577 | PDF p. 117PDF p. 118 |
| Bank term loansUS$'000 | 68,563 | 13,012 | – | 81,575 | 50,518 | 15,365 | – | 65,883 | PDF p. 117PDF p. 118 |
Amounts are contractual undiscounted cash flows.
| Item / unit | 2016US$'000 | 2015US$'000 | Source |
|---|---|---|---|
| Bills payable | |||
| – securedUS$'000 | 23,023 | 11,073 | PDF p. 101 |
| – unsecuredUS$'000 | 47,469 | 28,243 | PDF p. 101 |
| TotalUS$'000 | 70,492 | 39,316 | PDF p. 101 |
Bills payable are secured by legal mortgage or pledges of machines/equipments and assets financed under the loan facility and corporate guarantee from one of the subsidiaries and the Company.
Bills payable bear interest at 1.30% to 3.50% (2015: 1.30% to 3.50%) per annum above the bank's COF, Basic Rate or LIBOR of 0.25% to 2.81% (2015: 0.06% to 2.97%) per annum.
Effective interest rate ranged from 1.85% to 5.81% (2015: 1.66% to 5.97%) per annum.
Foreign currency bills payable (US$'000, 2016/2015): Singapore Dollar 869/1,676; Euro 2,961/–; Vietnamese Dong 4,459/5,243.
| Item / unit | 2016US$'000 | 2015US$'000 | Source |
|---|---|---|---|
| Secured | |||
| (a) Short term loan with principal limit of US$21,000,000 to finance the purchaseUS$'000 | 15,316 | 19,247 | PDF p. 103 |
| (b) Short term loan with principal limit of US$20,000,000 (2015: US$70,000,000),US$'000 | 17,762 | 9,870 | PDF p. 103 |
| (c) Term loan with principal limit of US$6,000,000 to finance development costs ofUS$'000 | 1,000 | 3,000 | PDF p. 103 |
| (d) Term loan with principal limit of US$10,000,000 (2015: US$3,000,000), bearsUS$'000 | 4,437 | 3,000 | PDF p. 103 |
| (e) Term loan with principal limit of US$7,500,000 (2015:US$12,000,000), bearsUS$'000 | 4,357 | 3,383 | PDF p. 103 |
| (f ) Term loan with principal limit of S$5,000,000, bears interest at 3.25% (2015:US$'000 | 881 | 1,530 | PDF p. 103 |
Interest: (a) 4.06% per annum over USD LIBOR 0.14% (2015: 0.15% to 0.27%); (b) 1.75% + 2.00% over USD LIBOR 0.19% to 0.52%; (c) 2.65% over bank cost of funds 0.60% to 1.25%; (d) 3.50% over USD LIBOR 0.55% to 0.67%; (e) 3.35% over USD LIBOR 0.34% to 0.98%; (f) 3.25% over SGD SIBOR 0.48% to 1.52%.
Loans secured by assignment of shipbuilding contracts, legal mortgage/pledges of equipment, fixed and floating charges, and corporate guarantees from Ezra Holdings Limited or Triyards Holdings Limited.
Loan (f) is denominated against S$ principal limit; others USD principal limits.
| Item / unit | 2016US$'000 | 2015US$'000 | Source |
|---|---|---|---|
| Secured | |||
| (g) Project financing loan with total principal limit of S$4,000,000 (2015:US$'000 | 128 | 635 | PDF p. 104 |
| (h) Project financing loan with total principal limit of US$2,500,000, bears interestsUS$'000 | – | 2,500 | PDF p. 104 |
| (i) Project financing loan with total principal limit of US$1,800,000, bears interestsUS$'000 | – | 1,216 | PDF p. 104 |
| (j) Project financing loan with total principal limit of US$5,000,000, bears interestsUS$'000 | – | 2,223 | PDF p. 104 |
| (k) Term loan with principal limit of US$10,000,000, bears interest at 3.00% (2015:US$'000 | 7,438 | 9,430 | PDF p. 104 |
| (l) Term loan with principal limit of S$1,980,000, bears interest at 2.00% perUS$'000 | 1,136 | – | PDF p. 104 |
Interest: (g) 2.50% over SGD SOR 0.97% to 1.40%; (h) 3.60% over USD LIBOR; (i) 6.00%; (j) 5.50%; (k) 3.00% over bank cost of funds 3.13%; (l) 2.00% per annum. (h),(i),(j) fully repaid during the financial year.
Secured by fixed and floating charges, legal mortgage/pledges and corporate guarantee from Triyards Holdings Limited.
| Item / unit | 2016US$'000 | 2015US$'000 | Source |
|---|---|---|---|
| Capital management | |||
| Loans and borrowingsUS$'000 | 150,058 | 104,120 | PDF p. 124 |
| Less: Cash and cash equivalents and cash pledged (Note 12 and 13)US$'000 | (37,922) | (43,461) | PDF p. 124 |
| Net debtUS$'000 | 112,136 | 60,659 | PDF p. 124 |
| Net gearing ratio (%)% | 50 | 29 | PDF p. 124 |
The Group is required to comply with certain minimum net worth, gearing ratio and interest coverage ratio covenants in connection with its loans and borrowings. As at the end of the reporting periods, the Group has complied with these covenants.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| DIVIDEND | The Group does not have a formal policy on dividend distribution. | Group | PDF p. 47 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Final exempt (one-tier) dividend for 2015: SGD 1.0 cent (2014: SGD 2.0 cents) per share | SGD 1.0 cent | Group and Company; final exempt (one-tier) dividend for 2015, declared and paid during FY ended 31 August 2016 (comparative: 2014 final SGD 2.0 cents) | PDF p. 128 |
| Final exempt (one-tier) dividend for 2015: SGD 1.0 cent per share | – US$'000 | Group and Company; proposed but not recognised as a liability as at 31 August 2016 (comparative 2015: 2,292) · As at 2016-08-31 | PDF p. 128 |
Extracted from Triyards Holdings Limited Annual Report 2016 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Ernst & Young LLP | Group and Company, FY ended 31 August 2016 | PDF p. 55 |
| Auditor's report date | 21 November 2016 | Group and Company · As at 2016-11-21 | PDF p. 55 |
| OPINION | In our opinion, the consolidated financial statements of the Group and statement of financial position, income statement, statement of comprehensive income and statement of changes in equity of the Company are properly drawn up in accordance with the provisions of the Act and Singapore Financial Reporting Standards so as to give a true and fair view | Group and Company, FY ended 31 August 2016 | PDF p. 55 |
Extracted from Triyards Holdings Limited Annual Report 2016 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Triyards Holdings Limited Annual Report 2016, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Historical source set: the latest full annual report identified is FY2016, ended 31 August 2016; FY2015 annual is also archived. FY2017 and FY2014 full-year results are separately neither audited nor reviewed. Full-year figures and comparisons span FY2013–FY2017; this does not mean five full annual reports were obtained.
Official 26 August 2022 announcement states the court ordered compulsory liquidation on 24 August 2022 and appointed Goh Thien Phong and Chan Kheng Tek as joint and several liquidators. This is a dated disclosure; historical annual Board, CEO and ownership rows do not describe current operations or current control.
Four original financial sources: two statutory annual reports and two unaudited full-year results announcements. Fifty tables retain 570 rows and 1,798 displayed cells. FY2014 results also retain fourth-quarter comparisons; quarter and full-year periods are separate.
Financial position is presented as assets less liabilities / net assets, as printed. Group and Company columns, Group consolidated cash flows and component equity periods remain distinct; no unsupported standalone Company cash flow invented.
Amounts are United States dollars in thousands except explicitly marked US cents per share, weighted average ordinary shares in thousands and percentage changes. Blank Company EPS slots are not zero; Group-only EPS tables project only printed Group cells. Four unprinted percentage cells remain blank in the source evidence and are not invented.
FY2013 Company opening share capital in FY2014 results prints -*, defined as less than US$1,000. The original symbol/marker remains in source geometry and table notes; it is not an exact zero.
FY2015 cash-flow comparatives in FY2016 annual separate fair-value adjustment (177) from unrealised exchange 930; FY2015 original shows exchange 753. Both original presentations remain.
FY2017 results reclassify FY2016 comparative provision 1,740 and pledged cash versus FY2016 annual: bank cash 37,922 equals annual cash 15,624 plus pledged 22,298. Pledged-cash movement is financing in results and investing in the annual. Original captions and values are retained.
FY2017 results report net loss 162,465, net current liabilities 60,831 and loan defaults/going-concern discussion on page11. They are not an audited annual opinion; the unmodified FY2016 annual opinion must not imply an audit of FY2017.
Earlier full annual originals FY2012–FY2014 have not been obtained: the indexed university directory returned401 and the former issuer IR hostname did not resolve. No FY2012 complete primary statements or five statutory annuals are asserted.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.