Analysis of Financial

Statements
for DiGi Sdn Bhd

Presented by:
- Farouk G1216741
- Dwi Rahayu G1238538

INTRODUCTION ABOUT DIGI

. DiGi.Com Berhad is listed on Bursa Malaysia Securities Bhd.
It is part of the Telenor Group, a global telecommunications
provider.
. Our mobile service operations are undertaken by our wholly
owned
subsidiary, DiGi Telecommunications Sdn. Bhd.
. DiGi commenced operations in May 1995 when it launched its
fully
digital GSM 1800 services, the first digital mobile
communications service in Malaysia.
. In the last five years, DiGi's revenue has more than doubled to
approximately RM6.0 billion; with a subscriber base of 10.0 million.

. DiGi is committed to building a connected Malaysia by driving

'true Internet connectivity' to all customers

VISION
Our vision is to be a company that is always
'Changing the Game'. We do this by
constantly pushing boundaries, defining new
standards, and ensuring continuous
improvements in all parts of our business.

MISSION
We deliverInternet for Allas part of
our commitment to building a
connected Malaysia - enabling access
to Mobile Internet services and
applications by offering customers the
right combination of devices and
value pricing, as well as the best
usage experience.

VALUES
Keep Promises
- We take ownership for delivering on our goals and
responsibilities, and pride ourselves on driving quality into
everything we do.
Make It Easy
- We aim for simplicity in the way we work, and in offering
products and services that are easy to understand and easy to
use.
Be Respectful
- We are open-minded and professional in our conduct, and
appreciate differences in cultures, opinions, and outlook.
Be Inspiring
- We bring passion, energy, and creativity into everything we do,
and make every effort to constantly drive change and
continuous improvement.

Liquidity ratio

0.7

0.8
0.7

0.6

0.6

0.5
current ratio DiGi

0.5

quick ratio
DiGi

0.4

0.4
current ratio
maxis

0.3

0.3
quick ratio maxis

0.2
0.2
0.1

0.1
0
2009

2010

2011

current ratio DiGi

quick ratio
DiGi
quick ratio maxis
current ratio
maxis

0
2009

2012

2010

2011

2012

2009

2010

2011

2012

0.43

0.59

0.63

0.52

0.43

0.57

0.60

0.49

0.5254

0.4478

0.3083

0.5534

0.6439

0.6328

0.4185

0.7377

Asset management

400

350

300

250

Inventory turnover DiGi

inventory turnover maxis

200

150

100

50

0
2009

2010

2011

2012

8.0

7.0

6.0

5.0

4.0
Fix assets turnover maxis

3.0

Total assets turnover maxis

Fix assets turnover DiGi

2.0

Total assets turnover DiGi

1.0

0.0
2009

2010

2011

2012

Debt management

Debt ratio

Times interest earned

35

2012

30

25
2011

20

Times interest
earned DiGi

Debt Ratio DiGi

Debt Ratio maxis

Times interest
earned maxis

15

2010
10

2009

0
0.0%

50.0%

100.0%

Debt Ratio DiGi

Times interest earned DiGi
Debt Ratio maxis
Times interest earned maxis

2009

2009
67.9%
34.7
49.74%
19.11

2010

2010
73.8%
31.9
52.44%
14.51

2011

2011
71.0%
24.6
55.04%
11.73

2012

2012
93.5%
31.7
60.35%
13.11

Profitability

30.00%

25.00%

20.00%

15.00%

10.00%

Profit margin on sales DiGi

Profit margin on sales maxis

5.00%

0.00%
2009

2010

2011

2012

2012

2011

2010
Return on total assets ROA DiGi
Return on total assets ROA maxis

2009

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

500.00%
450.00%
400.00%
350.00%
300.00%
250.00%
Return on common equity ROE
DiGi

200.00%
150.00%
100.00%
50.00%

Return on common equity ROE

maxis

0.00%
2009

2010

2011

2012

2.5

1.5

Z score DiGi
Z score maxis

0.5

0
2009

2010

2011

2012

2000.00%
1500.00%
1000.00%
500.00%
0.00%
-500.00%
-1000.00%
-1500.00%
-2000.00%

2009

2010

2011

2012

Sustainable growth
rate DiGi
Sustainable growth
rate maxis

conclusion
DiGi

is doing well using its assets

to generate sales.
Future funding needs should be
fulfilled via internally generated
funds or capital market rather
than the debt market.
Short term debt facility should be
arranged to mitigate short-term
liquidity risks.