2013: S$18,183m
S$16,848m
OPERATING
REVENUE
Lower mobile revenue
from Australia
2013: S$5,200m
S$5,155m
EBITDA
Stable amid adverse currency
movements, with an improved cost
structure and strong yield focus
2013: S$3,759m
S$3,391m
FREE CASH FLOW
Declined on weaker Australian
Dollar, higher taxes in Australia and
working capital movements
2013: S$3,611m
S$3,610m
UNDERLYING
NET PROFIT
Stable despite adverse
currency movements
2013: S$3,508m
S$3,652m
NET PROFIT
Strong performance
from associates
and consumer business
2013: S¢16.8
S¢16.8
DIVIDEND PER SHARE
74% of underlying net profit
paid as dividends
2013: 14.8%
15.3%
RETURN ON EQUITY
Higher net profit
2013: 11.8%
11.6%
RETURN ON
INVESTED CAPITAL
Declined on higher taxes
Between April 2013 and March 2014, the Singtel (SGX) share price gained 2% and the Singtel (ASX) share price gained 14%.
Source: Bloomberg
Note:
1 MSCI Asia Pacific Telecommunications Index.
Singtel has a track record of generous shareholder returns.
Since May 2013, Singtel's dividend policy has been to pay between 60% and 75% of underlying net profit.
The Board has recommended a final ordinary dividend of 10.0 Singapore cents a share for the financial year ended 31 March 2014. Together with the interim dividend of 6.8 Singapore cents a share, the total ordinary dividend for the year is 16.8 Singapore cents a share, which represents a payout ratio of 74% of underlying earnings for the year.