Financial Results

Historical Financial Highlights

Historical Financial Highlights
  2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Income Statement (S$ million)
Total Income 8,489 8,722 8,340 6,621 7,961 5,661 5,325 4,815 4,427 4,281
Operating Expenses 3,788 3,664 3,258 2,784 2,695 2,430 2,254 1,796 1,854 1,680
Operating Profit before Allowances 4,701 5,058 5,082 3,837 5,266 3,231 3,071 3,019 2,573 2,601
Allowances for Loans and Other Assets 726 488 357 266 271 221 134 429 447 36
Net Profit Attributable to Shareholders 3,473 3,903 3,842 2,768 3,993 2,312 2,253 1,962 1,749 2,071
Excluding non-core gains (S$ million)
Total Core Income 8,489 8,722 7,949 6,621 6,645 5,622 5,325 4,815 4,241 4,188
Core Operating Profit 4,701 5,058 4,691 3,837 3,950 3,192 3,071 3,019 2,387 2,508
Core Net Profit 3,473 3,903 3,451 2,768 2,825 2,280 2,253 1,962 1,486 1,878
Balance Sheet (S$ million)
Total Assets 409,884 390,190 401,226 338,448 295,943 277,758 229,283 194,300 181,385 174,607
Total Assets (excl life fund investment assets) 347,911 333,207 343,940 285,043 243,672 228,670 181,797 151,223 142,508 133,471
Customer Loans (net of allowances) 216,830 208,218 207,535 167,854 142,376 133,557 104,989 80,876 79,808 71,316
Customer Deposits 261,486 246,277 245,519 195,974 165,139 154,555 123,300 100,633 94,078 88,788
Ordinary Shareholder's Equity 35,507 33,053 29,701 23,720 22,909 20,675 18,894 17,075 13,978 14,782
Total Shareholders' Equity (excl non-controlling interests) 37,007 34,553 31,097 25,115 25,804 22,571 20,790 18,971 15,874 15,678
Ratios (%)
Cost-to-Income Ratio 44.6 42.0 39.1 42.0 33.9 42.9 42.3 37.3 41.9 39.2
Cost-to-Income Ratio excluding non-core gains 44.6 42.0 41.0 42.0 40.6 43.2 42.3 37.3 43.7 40.1
Loans-to-Deposits Ratio 82.9 84.5 84.5 85.7 86.2 86.4 85.1 80.4 84.8 80.3
NPL Ratio 1.3 0.9 0.6 0.7 0.8 0.9 0.9 1.7 1.5 1.7
ROE 10.0 12.3 14.8 11.6 17.9 11.3 12.1 12.2 11.8 14.8
Core ROE 10.0 12.3 13.2 11.6 12.5 11.1 12.1 12.2 9.9 13.4
Core ROA 1.03 1.14 1.11 1.05 1.19 1.09 1.32 1.35 1.05 1.51
Per Ordinary Share 1/                
Basic Earnings (EPS) (cents) 82.2 95.2 102.5 75.9 110.0 64.0 64.3 57.8 53.1 64.1
Basic Core Earnings (EPS) (cents) 82.2 95.2 91.9 75.9 76.9 63.1 64.3 57.8 44.8 58.0
Net Dividends - Interim and Final (cents)2/ 36.0 36.0 36.0 34.0 33.0 30.0 30.0 28.0 28.0 28.0
Net Special and Bonus Dividends (cents)2/ 3/ - - - - - - - - - -
Net asset value before revaluation surplus (S$) 8.49 8.03 7.46 6.99 6.79 6.20 5.88 5.55 4.86 5.11

1/ Figures have been adjusted for the effects of the 1-for-8 rights issue, effected on 26 September 2014.

2/Dividends are stated net of tax, where relevant.

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