[BSTEAD] QoQ Annualized Quarter Result on 30-Sep-2004 [#3]

Announcement Date
29-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 6.62%
YoY- 42.55%
Quarter Report
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Annualized Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 1,173,536 1,251,572 1,267,743 1,240,858 1,141,082 1,197,224 1,081,496 5.60%
PBT 199,582 251,260 246,754 275,754 263,404 311,512 207,933 -2.69%
Tax -37,992 -65,032 -127,594 -153,744 -148,974 -162,156 -95,421 -45.90%
NP 161,590 186,228 119,160 122,010 114,430 149,356 112,512 27.32%
-
NP to SH 134,502 153,192 119,160 122,010 114,430 149,356 112,512 12.65%
-
Tax Rate 19.04% 25.88% 51.71% 55.75% 56.56% 52.05% 45.89% -
Total Cost 1,011,946 1,065,344 1,148,583 1,118,848 1,026,652 1,047,868 968,984 2.93%
-
Net Worth 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 1,753,885 1,378,315 19.64%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div 58,175 - 91,092 74,807 55,333 - 16,202 134.66%
Div Payout % 43.25% - 76.45% 61.31% 48.36% - 14.40% -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 1,753,885 1,378,315 19.64%
NOSH 581,756 580,272 569,326 561,054 553,336 551,536 432,073 21.95%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 13.77% 14.88% 9.40% 9.83% 10.03% 12.48% 10.40% -
ROE 7.46% 8.60% 6.73% 6.93% 6.71% 8.52% 8.16% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 201.72 215.69 222.67 221.17 206.22 217.07 250.30 -13.40%
EPS 23.12 26.40 20.93 21.75 20.68 27.08 26.04 -7.62%
DPS 10.00 0.00 16.00 13.33 10.00 0.00 3.75 92.41%
NAPS 3.10 3.07 3.11 3.14 3.08 3.18 3.19 -1.89%
Adjusted Per Share Value based on latest NOSH - 576,352
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 57.90 61.75 62.54 61.22 56.29 59.06 53.35 5.61%
EPS 6.64 7.56 5.88 6.02 5.65 7.37 5.55 12.71%
DPS 2.87 0.00 4.49 3.69 2.73 0.00 0.80 134.53%
NAPS 0.8897 0.8789 0.8735 0.8691 0.8408 0.8653 0.68 19.64%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 1.61 1.62 1.51 1.53 1.38 1.68 1.18 -
P/RPS 0.80 0.75 0.68 0.69 0.67 0.77 0.47 42.60%
P/EPS 6.96 6.14 7.21 7.04 6.67 6.20 4.53 33.18%
EY 14.36 16.30 13.86 14.21 14.99 16.12 22.07 -24.93%
DY 6.21 0.00 10.60 8.71 7.25 0.00 3.18 56.29%
P/NAPS 0.52 0.53 0.49 0.49 0.45 0.53 0.37 25.49%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 22/08/05 16/05/05 25/02/05 29/11/04 18/08/04 18/05/04 27/02/04 -
Price 1.69 1.60 1.57 1.52 1.35 1.49 1.49 -
P/RPS 0.84 0.74 0.71 0.69 0.65 0.69 0.60 25.17%
P/EPS 7.31 6.06 7.50 6.99 6.53 5.50 5.72 17.78%
EY 13.68 16.50 13.33 14.31 15.32 18.17 17.48 -15.08%
DY 5.92 0.00 10.19 8.77 7.41 0.00 2.52 76.80%
P/NAPS 0.55 0.52 0.50 0.48 0.44 0.47 0.47 11.05%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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