Financial Performance

 

 Financial Highlights

  • Revenue in 2011 increased by 29% to US$1,367.5m (2010:US$1,057.4m)*
  • Profit before tax in 2011 increased by 18% to US$79.4m (2010:US$67.5m)
  • Profit before tax margin 5.8% (6.2% excluding non-recurring costs) (2010: 6.4%)**
  • Gross cash balance at the end of 2011 increased 3% to US$238.1m (2010: US$231.3m)***
  • EPS (basic) 50.61 USą up 25% (2010: 40.66 US cents). EPS (diluted) 48.98 USą up 23% (2010: 39.91 USą)
  • Backlog at the end of 2011 increased by 50% to US$2,400.9m (2010: US$1,602.6m)
  • Proposed final dividend of 7.3 USą per share; total 2011 dividend payment of 12.3 USą per share, an increase of 23% over the prior year

*Excluding JV operations

**Non-recurring listing and senior management engagement costs of US$5.0m

***Gross cash represents total cash at bank and in hand