KINGSMEN CREATIVES LTD
ANNUAL REPORT
2014
129
The financial effects set out below are for illustrative purposes only. The illustrations are based on
historical numbers for FY2014 and are in no way indicative of the Company’s and the Group’s future
financial performance or a forecast of the Company’s and the Group’s financial position.
Although the Share Purchase Mandate would authorise the Company to purchase or acquire up to 10%
of the issued Shares (excluding treasury shares), the Company may not necessarily purchase or acquire
part of or the entire 10% of the issued Shares (excluding treasury shares).
Market Purchases Scenario
Market Purchases of 19,455,326 Shares out of profits, and the maximum number of Shares permitted
under the Companies Act to be held in treasury are held in treasury and the balance are cancelled
Group
Company
Before
Share
Purchase
After
Share
Purchase
Before
Share
Purchase
After
Share
Purchase
S$’000
S$’000
S$’000
S$’000
As at 31 December 2014
Share capital
23,614
23,614
23,614
23,614
Revenue reserves
(distributable)
74,923
73,993
12,346
31,436
Other reserves
(1,790)
(1,790)
1,826
1,826
Treasury shares
-
(19,090)
-
(19,090)
Shareholders’ funds
96,747
76,727
37,786
37,786
NA
96,747
76,727
37,786
37,786
Current assets
194,596
174,576
11,483
11,483
Current liabilities
120,545
120,545
1,725
1,725
Working capital
74,051
54,031
9,758
9,758
Total liabilities
122,849
122,849
1,725
1,725
Cash and cash equivalents
81,360
61,340
4,721
4,721
Profit attributable to
Shareholders
17,155
17,155
8,320
28,340
Number of Shares, excluding
treasury shares ('
000
)
194,553
175,098
194,553
175,098
Weighted average number
of Shares ('
000
)
194,166
174,711
194,166
174,711
Financial Ratios
NA per Share
(1)
(cents)
49.73
43.82
19.42
21.58
EPS
(2)
(cents)
8.84
9.82
4.28
16.22
Gearing ratio
(3)
(times)
1.27
1.60
0.05
0.05
Current ratio
(4)
(times)
1.61
1.45
6.66
6.66
Letter To Shareholders
