Group Income Statements (in S$ billion)

For year ended
31 March
2006 2007 2008 2009 2010 2011 2012 2013
Restated
2014
Restated
2015
Revenue 79.8 74.6 83.3 79.6 76.7 83.5 83.5 94.3 92.4 101.6
Profit before tax 19.0 14.3 25.5 10.4 8.5 17.8 14.8 16.5 17.5 21.2
Profit attributable to equity holder of the Company 12.8 9.1 18.2 6.2 4.6 12.7 10.7 10.7 10.9 14.5

Group Balance Sheets (in S$ billion)

As at 31 March 2006 2007 2008 2009 2010 2011 2012 2013
Restated
2014
Restated
2015
Total assets 213.7 242.4 295.5 247.9 284.8 297.9 302.6 341.5 344.0 405.8
Shareholder
equity before
fair value reserve
83.6 92.9 120.2 119.9 127.8 134.6 146.4 156.0 172.5 188.0
Fair value reserve 7.0 21.1 23.9 (1.5) 21.9 20.9 11.8 13.2 14.9 30.6
Shareholder equity 90.6 114.0 144.1 118.4 149.7 155.5 158.2 169.2 187.4 218.6
Net debt 16.7 23.6 33.8 22.1 17.8 9.5 16.1 19.6 9.0 32.6
The Group Financial Summary, including highlights as set out in the Major Investments section, is prepared and presented based on the audited statutory consolidated financial statements of the Group for the financial years ended 31 March 2006 to 2015.
Profit before share of results of associates, partnerships and joint ventures, expressed as a percentage of revenue.
Gross value added per dollar of employment cost.
Net debt expressed as a percentage of the sum of shareholder equity, non-controlling interests and net debt.
Profit before tax, finance expenses, depreciation, amortisation and impairment loss on property, plant and equipment and intangibles, divided by finance expenses.
Profit attributable to equity holder of the Company expressed as a percentage of average shareholder equity.
Total profit, add back finance expenses, expressed as a percentage of average total assets.
On 1 April 2014, the Group adopted new and amended FRS and Interpretations of FRS that were mandatory for application for the financial year ended 31 March 2015. These included FRS 110 Consolidated Financial Statements and FRS 111 Joint Arrangements. Changes in accounting policies as a result of adoption of FRS 110 and FRS 111 were applied retrospectively and accordingly, the Group’s consolidated financial statements for the years ended 31 March 2013 and 31 March 2014 were restated. Comparative figures for the years ended 31 March 2006 to 31 March 2012 had not been restated.
Prior to the financial year ended 31 March 2006, long term investments were stated at cost less allowance for diminution in value. With the introduction of FRS39 Financial Instruments: Recognition and Measurement during the financial year ended 31 March 2006, available-for-sale financial assets (AFS) were required to be measured at fair value. At each reporting date, AFS are remeasured at their fair value. Changes in fair value, other than impairment losses, are recognised in other comprehensive income and presented in the fair value reserve in equity until the AFS are disposed. Impairment losses are recognised in the income statement.
Total debt less cash and cash equivalents.