Annual Report 2021

8 Transport International Holdings Limited 2021 Annual Report FINANCIAL AND OPERATIONAL HIGHLIGHTS For the Year Ended 31 December 2021 Unit 2021 2020 Increase/ (Decrease) Financial Highlights Revenue HK$ million 7,202.0 6,190.9 16%  – Fare revenue HK$ million 6,821.7 5,862.0 16%  – Media sales revenue HK$ million 328.6 256.0 28%  – Gross rentals from investment property HK$ million 51.7 72.9 (29%) Profit attributable to equity shareholders of  the Company (Note) HK$ million 245.0 408.6 (40%) Earnings per share (Note) HK$ 0.53 0.90 (41%) Ordinary dividends per share HK$ 0.50 0.50 – Total equity attributable to equity shareholders of  the Company HK$ million 13,678.7 13,186.3 4% Total assets HK$ million 19,946.1 19,301.6 3% Net borrowings HK$ million 1,895.0 788.8 140% Net finance income HK$ million 46.8 49.7 (6%) Cash generated from operations HK$ million 1,284.3 1,187.3 8% Key Financial Ratios Profit margin (Note) 3.4% 6.6% (48%) EBITDA margin (Note) 18.1% 20.1% (10%) Return on equity attributable to equity shareholders of  the Company (Note) 1.8% 3.1% (42%) Gearing ratio Times 0.1 0.1 –  (ratio of net borrowings to total equity attributable to  equity shareholders of the Company) Total borrowings/EBITDA (Note) 2.4 2.5 (4%) Current ratio 1.0 1.1 (9%) Dividend cover (Note) Times 1.1 1.8 (39%)  (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$ 12.80 14.98 (15%) Market capitalisation at year-end HK$ million 5,958.00 6,858.20 (13%) Operational Highlights Hong Kong Franchised Public Bus Operations:  Average number of passenger trips per day Million trips 2.52 2.20 15%  Number of licensed buses at year-end 4,269 4,250 0%  Number of staff at year-end 13,069 13,582 (4%)  Average number of staff per licensed bus at year-end 3.06 3.20 (4%) Hong Kong Non-franchised Transport Operations:  Number of licensed buses at year-end 412 405 2%  Number of staff at year-end 623 591 5% China Mainland Transport Operations:  Number of licensed buses at year-end 5,589 5,975 (6%)  Number of taxis and vehicles for rental at year-end 10,444 10,118 3% 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.