Annual Report 2018

Financial Highlights

Operating Revenue

2018
S$17,532M
2017
S$16,711M
+4.9%

EBITDA

2018
S$5,089M
2017
S$4,998M
+1.8%

Net Profit

2018
S$5,451M(1)
2017
S$3,853M
+41.5%

Underlying Net Profit

2018
S$3,544M
2017
S$3,871M
-8.4%

Free Cash Flow

2018
S$3,606M
2017
S$3,054M(2)
+18.1%

Shareholder Payout

2018
S$3,347M
2017
S$2,857M
+17.2%

Return On Equity

2018
18.8%
2017
14.5%
+4.3percentage
points

Return On Invested Capital

2018
14.7%(3)
2017
10.9%
+3.8percentage
points

Constant Currency

Net Profit

2018
S$5,478M(1)
2017
S$3,853M
+42.2%

Underlying Net Profit

2018
S$3,569M
2017
S$3,871M
-7.8%

Underlying Net Profit

Contribution by Geography
S$3,544M
47%Regional
Associates
24%Australia
29%Singapore(4)

Operating Revenue

Contribution by Products and Services
S$17,532M
.Digital Business
.Data and Internet
.ICT
.Sale of Equipment
.Mobile Communications
.Others(5)

Shareholder Payout

Dividend per share (S¢)
2018
17.5
3.0
2017
17.5
2016
17.5
2015
17.5
2014
16.8
.Ordinary Dividend
.Special Dividend

Singtel has a track record of generous shareholder payouts.

For the financial year ended 31 March 2018, the Board has recommended a final ordinary dividend of 10.7 Singapore cents a share. Together with the interim dividend of 6.8 Singapore cents, the total ordinary dividend for the year is 17.5 Singapore cents, unchanged from last year. The Group also paid a special dividend of 3.0 Singapore cents from NetLink Trust divestment proceeds.

Refer to page 127 for the Group’s capital management and dividend policy.

Notes:
  • (1)Includes an exceptional gain of S$2.03 billion from the disposal of 75.2% effective interest in NetLink Trust.
  • (2)After payment of A$134 million (S$142 million) to the Australian Taxation Office for amended assessments under dispute.
  • (3)Return on invested capital is defined as EBIT (post-tax) divided by average capital. For FY 2018, EBIT included the gain on disposal of economic interest in NetLink Trust.
  • (4)Includes losses from Trustwave and Amobee.
  • (5)Includes National telephone, International telephone and Pay television.