- BUILDING THE FUTURE
- OPERATING & FINANCIAL REVIEW
- GOVERNANCE & SUSTAINABILITY
- FINANCIAL STATEMENTS
- Directors’ Statement
- Independent Auditors’ Report
- Balance Sheets
- Consolidated Income Statement
- Consolidated Statement of
Comprehensive Income - Consolidated Statement of
Changes in Equity - Consolidated Statement of
Cash Flows - Notes to the Financial Statements
- Supplementary Information
- EVA Statement
- Shareholders' Information
- Governance Disclosure Guide
- Corporate Information
- Notice of Annual General Meeting
- Proxy Form
- Letter to Shareholders
SEMBCORP AT A GLANCE
WHO WE ARE
Sembcorp Industries is a leading energy, water and marine group operating across five continents worldwide. With facilities of over 10,600 megawatts of gross power capacity and over nine million cubic metres of water per day in operation and under development, Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. It is also a world leader in marine and offshore engineering, as well as an established brand name in urban development.
GROUP FY2015 Financial Snapshot
TURNOVER | EBITDA | PROFIT FROM OPERATIONS (PFO) |
NET PROFIT | TOTAL ASSETS |
S$9.5 billionUS$6.8 billion |
S$1.7billionUS$1.2 billion |
S$631 millionUS$449 million |
S$549 millionUS$391 million |
S$19.9 billionUS$14.2 billion |
SEMBCORP UTILITIES
100%
Overview
• | A leading developer, owner and operator of energy and water assets with strong operational, management and technical capabilities |
• | Operations in 15 countries with an established presence in Asia and a strong growing presence in emerging markets |
• | Strong track record in generating and supplying power, steam and natural gas, and providing total water and wastewater treatment solutions for industries and water-stressed regions |
• | Global leader in the provision of energy, water and on-site logistics to multiple industrial site customers |
Utilities
FY2015 Key Figures
TURNOVER
S$4.2bn US$3.0bn
PFO
S$948m US$675m
NET PROFIT
S$701m US$500m
S$4.2bn US$3.0bn
PFO
S$948m US$675m
NET PROFIT
S$701m US$500m
SEMBCORP MARINE
61%
Overview
• | A global leader in integrated marine and offshore engineering solutions with more than 50 years’ proven track record |
• | Focused on four key capabilities: rigs & floaters; repairs & upgrades; offshore platforms and specialised shipbuilding |
• | Global network of strategic locations in Singapore, India, Indonesia, the UK and Brazil |
Marine
FY2015 Key Figures
TURNOVER
S$5.0bn US$3.5bn
PFO
(S$342m) (US$243m)
NET PROFIT
(S$290m) (US$206m)
S$5.0bn US$3.5bn
PFO
(S$342m) (US$243m)
NET PROFIT
(S$290m) (US$206m)
SEMBCORP DEVELOPMENT
100%Overview
• | Over 20 years’ track record in undertaking master planning, land preparation and infrastructure development to transform raw land into urban developments |
• | Significant land bank of integrated urban developments comprising industrial parks as well as business, commercial and residential space in Vietnam, China and Indonesia |
• | A valued partner to governments, with the ability to deliver the economic engine to support industrialisation and urbanisation by attracting local and international investments |
Urban Development
FY2015 Key Figures
TURNOVER
S$8.0m US$5.7m
PFO
S$38m US$27m
NET PROFIT
S$34m US$24m
S$8.0m US$5.7m
PFO
S$38m US$27m
NET PROFIT
S$34m US$24m
* | As at December 31, 2015. Shareholding figures are calculated based on the number of issued ordinary shares excluding treasury shares |
** | Figures taken at Sembcorp Marine level |
*** | After S$609 million in impairment and provisions, and S$192 million share of losses from associates / joint ventures |
HOW WE CREATE VALUE
Our Value Creation Process
Vision
To be a global company, a leader in our industry sectors by responsibly operating and excelling in sustainable businesses that support development, improve the quality of life and deliver long-term value and growth.
Mission
Vital Partners. Essential Solutions.
As a vital partner to our customers, we leverage our group strength and sector expertise to deliver essential solutions that enable them to do their business better or improve the quality of life. In partnership with our stakeholders, we build sustainable businesses that deliver long-term growth and create value for all – our customers, employees, shareholders, partners and communities in which we operate.
Our Strategic Focus
Our Strategy at a Glance
UTILITIES
|
MARINE
|
URBAN DEVELOPMENT
|
WHAT GUIDES US
Our Values
At the core of how Sembcorp operates are our three values: Insight, Integrity, and Integral. Our values are translated into day-to-day action and practical behaviour through our group-wide policies and frameworks, creating within Sembcorp a common culture founded on these values.
Code of Business Conduct and Policies
We are guided by well-defined policies, frameworks and a code of business conduct, which express the high standards of behaviour and integrity that the company requires from our employees worldwide. These cover all facets of business and personal conduct across the Group, from governance, risk and compliance matters to ethics and employee conduct.
Sembcorp Core Competency Framework
Sembcorp’s core competency framework is based on our values of Insight, Integrity and Integral and spells out the competencies and behaviours expected of a Sembcorp employee. The framework is deployed through recruitment, assessment, development and career progression, promoting transparency in what is expected of every Sembcorp employee.
Our Governance Structure