Morgans Queensland Conference
2018 Full-Year Financial Performance Highlights
Cardno®
2017
2018
FY Change
(A$ Millions)
Total revenue from continuing operations
Fee revenue from continuing operations
EBITDA from continuing operations
EBITDA margin
1H17
2H17
FY
1H18
2H18
FY18
%
575.7
606.3 1,182.0
543.4
573.6
1,117.0
(5.5%)
391.4
396.8
788.2
346.3
417.2
763.5
(3.1%)
23.2
20.8
44.0
30.2
26.0
56.2
27.7%
5.9%
5.3%
5.6%
8.7%
6.2%
7.4%
Operating profit before tax from continuing operations
9.8
11.7
21.5
21.7
16.5
38.2
77.7%
Net operating profit after tax (1) from continuing operations (NOPAT)
10.2
9.7
19.9
13.9
6.1
20.0
0.4%
Net operating profit after cash tax paid from continuing operations
6.2
13.9
20.1
21.1
12.3
33.4
66.3%
Net profit/(loss) after tax from continuing operations
Discontinued operations
Net profit/(loss) after tax
Net cash flow from operations
Net operating cash flow/NOPAT
(21.1)
1.8
(19.3)
(21.9)
7.9
(14.0)
27.5%
27.6
0.3
27.9
0.0
0.0
0.0
6.5
2.1
8.6
(21.9)
7.9
(14.0)
100.0%
(263.0%)
(9.9)
6.1
(3.8)
(97.1)%
63.1% (19.0)%
31.6
227.3%
14.1
232.0%
45.7
228.8%
1302.6%
Basic earnings per share (cents)
NOPAT basic earnings per share (cents)
1.37
2.13
0.42
2.03
1.79
4.16
(4.62)
1.65
(2.97)
2.93
1.30
4.23
(1) Net Operating Profit after Tax, is a non-IFRS term which reflects the operating position of the business prior to impairment adjustments. A reconciliation of NPAT to NOPAT has been prepared and is shown above.
16 Cardno: Morgans Queensland ConferenceView entire presentation