[BSTEAD] QoQ Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
25-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- -2.34%
YoY- 5.91%
Quarter Report
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Annualized Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 1,248,000 1,173,536 1,251,572 1,267,743 1,240,858 1,141,082 1,197,224 2.80%
PBT 203,192 199,582 251,260 246,754 275,754 263,404 311,512 -24.76%
Tax -41,384 -37,992 -65,032 -127,594 -153,744 -148,974 -162,156 -59.73%
NP 161,808 161,590 186,228 119,160 122,010 114,430 149,356 5.47%
-
NP to SH 130,006 134,502 153,192 119,160 122,010 114,430 149,356 -8.82%
-
Tax Rate 20.37% 19.04% 25.88% 51.71% 55.75% 56.56% 52.05% -
Total Cost 1,086,192 1,011,946 1,065,344 1,148,583 1,118,848 1,026,652 1,047,868 2.42%
-
Net Worth 1,557,979 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 1,753,885 -7.58%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 77,801 58,175 - 91,092 74,807 55,333 - -
Div Payout % 59.84% 43.25% - 76.45% 61.31% 48.36% - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 1,557,979 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 1,753,885 -7.58%
NOSH 583,512 581,756 580,272 569,326 561,054 553,336 551,536 3.82%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 12.97% 13.77% 14.88% 9.40% 9.83% 10.03% 12.48% -
ROE 8.34% 7.46% 8.60% 6.73% 6.93% 6.71% 8.52% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 213.88 201.72 215.69 222.67 221.17 206.22 217.07 -0.98%
EPS 22.28 23.12 26.40 20.93 21.75 20.68 27.08 -12.18%
DPS 13.33 10.00 0.00 16.00 13.33 10.00 0.00 -
NAPS 2.67 3.10 3.07 3.11 3.14 3.08 3.18 -10.99%
Adjusted Per Share Value based on latest NOSH - 577,286
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 61.57 57.90 61.75 62.54 61.22 56.29 59.06 2.81%
EPS 6.41 6.64 7.56 5.88 6.02 5.65 7.37 -8.87%
DPS 3.84 2.87 0.00 4.49 3.69 2.73 0.00 -
NAPS 0.7686 0.8897 0.8789 0.8735 0.8691 0.8408 0.8653 -7.58%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 1.67 1.61 1.62 1.51 1.53 1.38 1.68 -
P/RPS 0.78 0.80 0.75 0.68 0.69 0.67 0.77 0.86%
P/EPS 7.50 6.96 6.14 7.21 7.04 6.67 6.20 13.51%
EY 13.34 14.36 16.30 13.86 14.21 14.99 16.12 -11.84%
DY 7.98 6.21 0.00 10.60 8.71 7.25 0.00 -
P/NAPS 0.63 0.52 0.53 0.49 0.49 0.45 0.53 12.20%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 29/11/05 22/08/05 16/05/05 25/02/05 29/11/04 18/08/04 18/05/04 -
Price 1.65 1.69 1.60 1.57 1.52 1.35 1.49 -
P/RPS 0.77 0.84 0.74 0.71 0.69 0.65 0.69 7.58%
P/EPS 7.41 7.31 6.06 7.50 6.99 6.53 5.50 21.96%
EY 13.50 13.68 16.50 13.33 14.31 15.32 18.17 -17.95%
DY 8.08 5.92 0.00 10.19 8.77 7.41 0.00 -
P/NAPS 0.62 0.55 0.52 0.50 0.48 0.44 0.47 20.26%

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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