Management Discussion and Analysis
GROUP
“Associate” refers to an associate and/or a joint venture under SFRS(I).
“**” denotes less than +/-0.05%.
“nm” denotes not meaningful.
Notes:
“**” denotes less than +/-0.05%.
“nm” denotes not meaningful.
Notes:
- Includes the effects from adoption of Singapore Financial Reporting Standards (International) (SFRS(I)) 16, Leases, from 1 April 2019 on a prospective basis. The adoption has resulted in lower operating lease expenses and increases in depreciation charge and interest expense.
- Assuming constant exchange rates for the Australian Dollar, United States Dollar and/or regional currencies (Indian Rupee, Indonesian Rupiah, Philippine Peso and Thai Baht) from the previous year ended 31 March 2019 (FY 2019).
- Excludes the Group’s share of the associates’ significant one-off items which have been classified as exceptional items of the Group.
- Underlying net profit refers to net profit before exceptional items.