Annual Report 2020

8 Transport International Holdings Limited 2020 Annual Report Financial and Operational Highlights For the Year Ended 31 December 2020 Unit 2020 2019 Increase/ (Decrease) Financial Highlights Revenue HK$ million 6,190.9 8,112.2 (24%) – Fare revenue HK$ million 5,862.0 7,818.9 (25%) – Media sales revenue HK$ million 256.0 226.3 13% – Gross rentals from investment property HK$ million 72.9 67.0 9% Profit attributable to equity shareholders of the Company (Note) HK$ million 408.6 605.3 (33%) Earnings per share (Note) HK$ 0.90 1.38 (35%) Ordinary dividends per share HK$ 0.50 1.00 (50%) Total equity attributable to equity shareholders of the Company HK$ million 13,186.3 10,971.7 20% Total assets HK$ million 19,301.6 16,717.4 15% Net borrowings HK$ million 788.8 1,250.7 (37%) Net finance income HK$ million 49.7 55.2 (10%) Cash generated from operations HK$ million 1,187.3 1,378.3 (14%) Key Financial Ratios Profit margin (Note) 6.6% 7.5% (12%) EBITDA margin (Note) 20.1% 20.9% (4%) Return on equity attributable to equity shareholders of the Company (Note) 3.1% 5.5% (44%) Gearing ratio Times 0.1 0.1 (48%) (ratio of net borrowings to total equity attributable to equity shareholders of the Company) Total borrowings/EBITDA (Note) 2.5 1.6 56% Current ratio 1.1 1.9 (43%) Dividend cover (Note) Times 1.8 1.4 29% (ratio of profit attributable to equity shareholders of the Company to total dividends paid and proposed for the year) Share price per share at year-end HK$ 14.98 20.20 (26%) Market capitalisation at year-end HK$ million 6,858.20 9,028.20 (24%) Operational Highlights Hong Kong Franchised Public Bus Operations: Average number of passenger trips per day Million trips 2.20 2.93 (25%) Number of licensed buses at year-end 4,250 4,360 (3%) Number of staff at year-end 12,863 12,907 (0%) Average number of staff per licensed bus at year-end 3.03 2.96 2% Hong Kong Non-franchised Transport Operations: Number of licensed buses at year-end 405 405 – Number of staff at year-end 448 536 (16%) China Mainland Transport Operations: Number of licensed buses at year-end 5,975 5,987 (0%) Number of taxis and vehicles for rental at year-end 10,118 10,568 (4%) Note: Excluding a non-recurring net gain amounting to HK$1,495.5 million arising from the revaluation and disposal of 50% equity interest in TM Properties Investment Limited, being the wholly-owned subsidiary which holds the Tuen Mun Town Lot No. 80 site.