[F&N] QoQ Annualized Quarter Result on 30-Sep-2008 [#4]

Announcement Date
06-Nov-2008
Admission Sponsor
-
Sponsor
-
Financial Year
30-Sep-2008
Quarter
30-Sep-2008 [#4]
Profit Trend
QoQ- -5.28%
YoY- 9.14%
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Annualized Quarter Result
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Revenue 3,299,565 3,757,850 3,761,552 3,674,216 3,589,636 3,615,280 3,599,824 -5.64%
PBT 291,214 300,974 295,352 239,672 251,486 264,322 258,820 8.18%
Tax -55,206 -73,110 -74,076 -59,941 -60,572 -63,214 -66,916 -12.04%
NP 236,008 227,864 221,276 179,731 190,914 201,108 191,904 14.80%
-
NP to SH 217,798 208,464 203,804 166,845 176,138 184,896 178,136 14.35%
-
Tax Rate 18.96% 24.29% 25.08% 25.01% 24.09% 23.92% 25.85% -
Total Cost 3,063,557 3,529,986 3,540,276 3,494,485 3,398,721 3,414,172 3,407,920 -6.86%
-
Net Worth 1,230,467 1,213,075 1,229,237 1,183,601 1,125,198 1,152,922 1,200,636 1.65%
Dividend
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Div 60,631 90,713 - 142,887 83,464 125,500 - -
Div Payout % 27.84% 43.52% - 85.64% 47.39% 67.88% - -
Equity
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Net Worth 1,230,467 1,213,075 1,229,237 1,183,601 1,125,198 1,152,922 1,200,636 1.65%
NOSH 356,657 355,740 356,300 356,506 356,075 356,942 356,272 0.07%
Ratio Analysis
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
NP Margin 7.15% 6.06% 5.88% 4.89% 5.32% 5.56% 5.33% -
ROE 17.70% 17.18% 16.58% 14.10% 15.65% 16.04% 14.84% -
Per Share
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 925.14 1,056.35 1,055.72 1,030.62 1,008.11 1,012.85 1,010.41 -5.71%
EPS 61.07 58.60 57.20 46.80 49.47 51.80 50.00 14.27%
DPS 17.00 25.50 0.00 40.08 23.44 35.16 0.00 -
NAPS 3.45 3.41 3.45 3.32 3.16 3.23 3.37 1.57%
Adjusted Per Share Value based on latest NOSH - 354,499
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 899.61 1,024.56 1,025.57 1,001.75 978.69 985.68 981.47 -5.64%
EPS 59.38 56.84 55.57 45.49 48.02 50.41 48.57 14.34%
DPS 16.53 24.73 0.00 38.96 22.76 34.22 0.00 -
NAPS 3.3548 3.3074 3.3514 3.227 3.0678 3.1434 3.2735 1.65%
Price Multiplier on Financial Quarter End Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 -
Price 9.55 8.25 8.85 9.05 9.00 7.85 7.95 -
P/RPS 1.03 0.78 0.84 0.88 0.89 0.78 0.79 19.36%
P/EPS 15.64 14.08 15.47 19.34 18.19 15.15 15.90 -1.09%
EY 6.39 7.10 6.46 5.17 5.50 6.60 6.29 1.05%
DY 1.78 3.09 0.00 4.43 2.60 4.48 0.00 -
P/NAPS 2.77 2.42 2.57 2.73 2.85 2.43 2.36 11.28%
Price Multiplier on Announcement Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 06/08/09 04/05/09 11/02/09 06/11/08 07/08/08 07/05/08 13/02/08 -
Price 9.80 8.75 9.00 8.35 9.00 8.45 7.75 -
P/RPS 1.06 0.83 0.85 0.81 0.89 0.83 0.77 23.77%
P/EPS 16.05 14.93 15.73 17.84 18.19 16.31 15.50 2.35%
EY 6.23 6.70 6.36 5.60 5.50 6.13 6.45 -2.28%
DY 1.73 2.91 0.00 4.80 2.60 4.16 0.00 -
P/NAPS 2.84 2.57 2.61 2.52 2.85 2.62 2.30 15.11%

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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