[BSTEAD] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
16-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- 28.56%
YoY- 2.57%
Quarter Report
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 1,924,170 1,248,000 1,173,536 1,251,572 1,267,743 1,240,858 1,141,082 41.53%
PBT 271,193 203,192 199,582 251,260 246,754 275,754 263,404 1.95%
Tax -40,746 -41,384 -37,992 -65,032 -127,594 -153,744 -148,974 -57.76%
NP 230,447 161,808 161,590 186,228 119,160 122,010 114,430 59.26%
-
NP to SH 190,503 130,006 134,502 153,192 119,160 122,010 114,430 40.33%
-
Tax Rate 15.02% 20.37% 19.04% 25.88% 51.71% 55.75% 56.56% -
Total Cost 1,693,723 1,086,192 1,011,946 1,065,344 1,148,583 1,118,848 1,026,652 39.49%
-
Net Worth 1,706,259 1,557,979 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 0.07%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 93,814 77,801 58,175 - 91,092 74,807 55,333 42.04%
Div Payout % 49.25% 59.84% 43.25% - 76.45% 61.31% 48.36% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 1,706,259 1,557,979 1,803,443 1,781,437 1,770,604 1,761,711 1,704,276 0.07%
NOSH 586,343 583,512 581,756 580,272 569,326 561,054 553,336 3.92%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 11.98% 12.97% 13.77% 14.88% 9.40% 9.83% 10.03% -
ROE 11.16% 8.34% 7.46% 8.60% 6.73% 6.93% 6.71% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 328.16 213.88 201.72 215.69 222.67 221.17 206.22 36.18%
EPS 32.49 22.28 23.12 26.40 20.93 21.75 20.68 35.03%
DPS 16.00 13.33 10.00 0.00 16.00 13.33 10.00 36.68%
NAPS 2.91 2.67 3.10 3.07 3.11 3.14 3.08 -3.70%
Adjusted Per Share Value based on latest NOSH - 580,272
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 94.93 61.57 57.90 61.75 62.54 61.22 56.29 41.54%
EPS 9.40 6.41 6.64 7.56 5.88 6.02 5.65 40.27%
DPS 4.63 3.84 2.87 0.00 4.49 3.69 2.73 42.07%
NAPS 0.8418 0.7686 0.8897 0.8789 0.8735 0.8691 0.8408 0.07%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 1.58 1.67 1.61 1.62 1.51 1.53 1.38 -
P/RPS 0.48 0.78 0.80 0.75 0.68 0.69 0.67 -19.88%
P/EPS 4.86 7.50 6.96 6.14 7.21 7.04 6.67 -18.98%
EY 20.56 13.34 14.36 16.30 13.86 14.21 14.99 23.37%
DY 10.13 7.98 6.21 0.00 10.60 8.71 7.25 24.90%
P/NAPS 0.54 0.63 0.52 0.53 0.49 0.49 0.45 12.88%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 15/03/06 29/11/05 22/08/05 16/05/05 25/02/05 29/11/04 18/08/04 -
Price 1.75 1.65 1.69 1.60 1.57 1.52 1.35 -
P/RPS 0.53 0.77 0.84 0.74 0.71 0.69 0.65 -12.68%
P/EPS 5.39 7.41 7.31 6.06 7.50 6.99 6.53 -11.97%
EY 18.57 13.50 13.68 16.50 13.33 14.31 15.32 13.64%
DY 9.14 8.08 5.92 0.00 10.19 8.77 7.41 14.97%
P/NAPS 0.60 0.62 0.55 0.52 0.50 0.48 0.44 22.90%

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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