INCOME STATEMENT ANALYSIS FOR DRB HICOM

DRB HECOM Bhd

COMPARATIVE INCOME STATEMENT ANALYSIS

For year $2018$ through $2022$

In Millions of MYR except Per Share FY $2018$ FY $2019$ FY $2020$ FY $2021$ FY $2022$

$12$ Months Ending $03/31/201803/31/201912/31/202012/31/202112/31/2022$

Revenue $-10\%2\%6\%-25\%100\%$

$+$ Sales & Services Revenue $-23\%6\%4\%-24\%100\%$

$+$ Other Revenue $100\%49\%-65\%100\%$

$-$ Cost of Revenue $-6\%6\%0\%-23\%100\%$

$+$ Cost of Goods & Services $-6\%6\%0\%-23\%100\%$

Gross Profit $-36\%-18\%33\%-39\%100\%$

$+$ Other Operating Income $78\%-66\%46\%-35\%100\%$

$-$ Operating Expenses $34\%-5\%9\%-13\%100\%$

$+$ Selling, General & Admin $27\%-18\%5\%-13\%100\%$

$+$ Selling & Marketing $34\%0\%24\%-30\%100\%$

$+$ General & Administrative $25\%-20\%2\%-11\%100\%$

$+$ Research & Development $-85\%99\%-6744\%21\%100\%$

$+$ Prov For Doubtful Accts

$+$ Other Operating Expense $50\%24\%30\%-17\%100\%$

Operating Income $($Loss$)-85\%-125\%93\%-799\%100\%$

$-$ Non$-$Operating $($Income$)$ Loss $465\%-95\%12\%55\%100\%$

$+$ Interest Expense, Net $-42\%-23\%1\%-3\%100\%$

$+$ Interest Expense $-31\%-12\%0\%-5\%100\%$

$-$ Interest Income $6\%53\%-3\%-34\%100\%$

$+$ Other Investment $($Inc$)$ Loss $2\%-27\%-178\%-38\%100\%$

$+$ Foreign Exch $($Gain$)$ Loss $73\%185\%-118\%14\%100\%$

$+($Income$)$ Loss from Affiliates $42\%44\%-96\%-133\%100\%$

$+$ Other Non$-$Op $($Income$)$ Loss $64\%27\%26\%-13\%100\%$

Pretax Income $25\%-154\%154\%241\%100\%$

$-$ Income Tax Expense $($Benefit$)-56\%106\%760\%-106\%100\%$

$+$ Current Income Tax $-179\%133\%316\%-32\%100\%$

$+$ Deferred Income Tax $299\%217\%246\%22\%100\%$

Income $($Loss$)$ from Cont. Ops $64\%-690\%164\%183\%100\%$

$-$ Net Extraordinary Losses $($Gains$)100\%$

$+$ Discontinued Operations $100\%$

$+$ XO & Accounting Changes

Income $($Loss$)$ Incl. MI $-243\%17\%164\%183\%100\%$

$-$ Minority Interest $129\%141\%-103\%225\%100\%$

Net Income, GAAP $-11\%-4\%147\%172\%100\%$

$-$ Preferred Dividends $0\%59\%27\%65\%100\%$

$-$ Other Adjustments

Net Income Avail to Common, GAAP $-13\%-14\%153\%163\%100\%$

Net Income Avail to Common, Adj $47\%23\%153\%230\%100\%$

Net Abnormal Losses $($Gains$)-33\%139\%154\%58\%100\%$

Net Extraordinary Losses $($Gains$)100\%$

Basic Weighted Avg Shares $0\%0\%0\%0\%100\%$

Basic EPS, GAAP $-13\%-14\%153\%163\%100\%$

Basic EPS from Cont Ops, GAAP $124\%643\%153\%163\%100\%$

Basic EPS from Cont Ops, Adjusted $47\%23\%153\%230\%100\%$

Diluted Weighted Avg Shares $0\%0\%0\%0\%100\%$

Diluted EPS, GAAP $-13\%-14\%153\%163\%100\%$

Diluted EPS from Cont Ops, GAAP $124\%643\%153\%163\%100\%$

Diluted EPS from Cont Ops, Adjusted $47\%23\%153\%230\%100\%$

Reference Items

Accounting Standard

EBITDA $-62\%-3\%46\%-49\%100\%$

EBITDA Margin $($T$12$M$)-48\%-5\%43\%-19\%100\%$

EBITA $-154\%-6\%76\%-198\%100\%$

EBIT $-85\%-125\%93\%-799\%100\%$

Gross Margin $-24\%-21\%28\%-11\%100\%$

Operating Margin $-68\%-131\%93\%-617\%100\%$

Profit Margin $-1\%-6\%149\%157\%100\%$

Sales per Employee $-18\%-2\%-2\%-28\%100\%$

Dividends per Share $100\%0\%0\%100\%$

Total Cash Common Dividends $100\%0\%0\%100\%$

Capitalized Interest Expense $-74\%100\%$

Personnel Expenses $25\%-24\%2\%-7\%100\%$

Depreciation Expense $-8\%2\%2\%4\%100\%$

Rental Expense $60\%22\%7\%-8\%100\%.$ can you do the write up anaylsis of this INCOME STATEMENT ANALYSIS FOR DRB HICOM$($im using a horozontal anaylsis$)$ of this company drb$-$hicom?