Sbs Transit Ltd · SGX:S61
Sbs Transit — Shareholder Meeting (April 2021)
15 slides from Sbs Transit's shareholder meeting presentation, Apr 29, 2021
Slide 1: FY 2020 Results Summary, 28th Annual General Meeting
Click to edit Master title style FY 2020 Results Summary 28th Annual General Meeting 29 April 2021
Slide 2: Disclaimer
Disclaimer This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares (“Shares”) in SBS Transit Ltd (the "Company"). The value of shares and the income derived from them may fall as well as rise Shares are not obligations of,
Slide 3: Contents
Contents • Corporate Achievements • Review of Financial Results • Dividend payout and shareholders’ return 3
Slide 4: Corporate Achievements
CORPORATE ACHIEVEMENTS
Slide 5: FY 2020 Corporate Awards
FY 2020 Corporate Awards ❑ Land Transport Authority Annual Safety, Health and Environmental Award 2020 ▪ Safe Rail Line of the Year (Excellence Award) – Downtown Line ▪ Safe Bus Operator of the Year (Merit Award) – SBS Transit Tampines Bus Package ❑ National Kindness Award 2020 – Transport Gold ▪ Ou
Slide 6: Sustainability Accolades and Awards
Sustainability Accolades and Awards Green Mark Platinum Award - Recognised for super low energy building, incorporated with solar panel and NEWater - First Bus Depot (Ulu Pandan) in Singapore to receive this award Eco-Office + Certification - Certified for effective environmentally-friendly practice
Slide 7: Review of Financial Results
REVIEW OF FINANCIAL RESULTS
Slide 8: Review of Financial Results
Review of Financial Results FY2020 FY2019 YoY % $'m $'m Revenue 1,230.9 1,445.2 (214.3) (14.8%) Operating Costs 1,151.0 1,341.7 (190.7) (14.2%) Operating Profit 80.0 103.5 (23.5) (22.7%) Profit before tax 77.0 99.4 (22.4) (22.5%) Profit after tax 79.0 81.3 (2.3) (2.9%) EBITDA 189.0 207.6 (18.6) (9.0
Slide 9: Income Statement – Quarter-on-Quarter 2020
Income Statement – Quarter-on-Quarter 2020 1Q20 2Q20 3Q20 4Q20 $'m $'m $'m $'m Revenue 339.01 264.21 301.99 325.74 Operating Costs (324.44) (246.57) (282.46) (297.50) Operating Profit 14.57 17.64 19.53 28.24 Profit after Tax 11.14 21.44 19.36 27.02 EBITDA 40.63 43.61 46.14 58.65 Operating Profit/(Lo
Slide 10: Balance Sheet
Balance Sheet 31 Dec 2020 31 Dec 2019 Increase /(Decrease) $'m $'m $'m % Short-term deposits and 85.56 31.46 54.10 172.0 bank balances Other Current Assets 402.00 365.75 36.25 9.9 Non-Current Assets 652.24 740.07 (87.83) (11.9) Total assets 1,139.80 1,137.28 2.52 0.2 Current Liabilities 386.79 419.6
Slide 11: Cash and Debt Position
Cash and Debt Position 31 Dec 31 Dec FY 2020 2020 2019 Increase $’m /(Decrease) $'m $'m $'m Cash generated from Operating Activities 167.45 Cash and short-term deposits 85.56 31.46 54.10 Utilisation of Cash: Repayment of loan (50.00) Borrowings and finance leases 96.53 158.18 (61.65) 2019 Final Divi
Slide 12: Financial Summary
Financial Summary • Profits are down due to COVID-19 but cushioned by Government relief • Excluding Government Relief 2020 Group Loss after Tax ($30.8m) vs PAT of $81.3m for 2019 • Including Government Relief 2020 Group PAT $79.0m vs PAT of $81.3m for 2019 • Post-lockdown recovery continues with rai
Slide 13: Dividend Payout and Shareholders' Return
DIVIDEND PAYOUT AND SHAREHOLDERS’ RETURN
Slide 14: Financial Year 2020 Dividend Payout
Financial Year 2020 Dividend Payout FY2020 FY2019 Increase / (cents) (cents) (decrease) EPS (Cents) 25.3 26.1 (0.8) / (3.1%) Interim Dividend - 7.15 (7.15) / NM Final Dividend 6.30 5.90 0.4 / 106% Total 6.30 13.05 (6.75) / (51.7%) Dividend payout ratio 24.9% 50.0% Dividend yield 2.1%(a) 3.4%(b) a) S
Slide 15: Thank You
Click to edit Master title style THANK YOU