| S$'000
| 2022
| 2021
| 2020
| 2019#
| 2018*
|
| INCOME STATEMENT |
|
|
|
|
|
| Net operating income |
32,621 |
40,392 |
34,984 |
46,584 |
53,964 |
| - net interest income
| 19,347 |
26,896 |
20,996 |
25,288 |
20,028 |
| - net earned premium |
5,376 |
5,398 |
4,830 |
6,169 |
6,853 |
| - fees & commission |
7,084 |
6,380 |
6,497 |
8,632 |
8,493 |
| - investment income
| (153) |
785 |
709 |
4,982 |
1,797 |
| - other income
| 944 |
914 |
461 |
1,513 |
16,793 |
| - grant income
| 23 |
19 |
1,491 |
- |
- |
| Profit/(loss) before tax - by business segment |
|
|
|
|
|
| - Lending business |
6,910 |
13,099 |
9,229 |
18,309 |
11,780 |
| - Insurance |
(483) |
(410) |
(6,692) |
(4,892) |
(5,509) |
| Profit/(loss) - Overall |
|
|
|
|
|
| - before tax |
6,427 |
12,689 |
2,537 |
13,409 |
6,271 |
| - after tax |
4,856 |
9,649 |
2,361 |
9,171 |
3,545 |
| - attributable to Owners of the Company |
3,059 |
7,951 |
795 |
6,454 |
1,669 |
| # gain of $2.934 million arising on fair value gain on unquoted equity securities have been excluded from profit before & after tax and attributable to Owners of the Company
* gain of $16.318 million arising on sale of Suntec office have been excluded from profit before & after tax and attributable to Owners of the Company |
|
| BALANCE SHEET |
|
|
|
|
|
| Number of shares ('000) |
375,970 |
375,970 |
375,970 |
375,970 |
375,970 |
| Issued share capital
| 137,302 |
137,302 |
137,302 |
137,302 |
137,302 |
| Shareholders' funds |
175,435 |
178,955 |
175,750 |
179,008 |
169,205 |
| Non-controlling interests ("NCI") |
23,143 |
17,305 |
17,886 |
17,945 |
15,355 |
| Total assets
| 398,127 |
401,249 |
481,427 |
504,784 |
506,455 |
| Total liabilities
| 199,549 |
204,989 |
287,791 |
307,831 |
321,895 |
|
| DIVIDEND INFORMATION
|
|
|
|
|
|
| Dividends proposed/paid for the year (net of tax) |
1,692 |
2,932 |
752 |
2,932 |
2,067 |
| Gross dividends declared per share**
| |
|
|
|
|
| - Ordinary (cents) |
0.45 |
0.78 |
0.20 |
0.78 |
0.55 |
| Dividend yield as of 31 December |
2.4% |
4.2% |
1.1% |
3.4% |
2.4% |
|
| FINANCIAL RATIOS
|
|
|
|
|
|
| Earnings per share (cents) |
0.81 |
2.11 |
0.21 |
1.71 |
0.44 |
| Net tangible assets per share ($)
| 0.47 |
0.48 |
0.47 |
0.47 |
0.45 |
| Return on average shareholders' funds |
2.7% |
5.4% |
1.3% |
5.3% |
2.2% |
| Cost-income ratio |
71.2% |
61.6% |
69.4% |
55.4% |
61.0% |
|
