[F&N] QoQ Annualized Quarter Result on 31-Mar-2009 [#2]

Announcement Date
04-May-2009
Admission Sponsor
-
Sponsor
-
Financial Year
30-Sep-2009
Quarter
31-Mar-2009 [#2]
Profit Trend
QoQ- 2.29%
YoY- 12.75%
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Annualized Quarter Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 3,530,432 3,271,163 3,299,565 3,757,850 3,761,552 3,674,216 3,589,636 -1.09%
PBT 386,592 279,847 291,214 300,974 295,352 239,672 251,486 33.09%
Tax -71,900 -36,925 -55,206 -73,110 -74,076 -59,941 -60,572 12.07%
NP 314,692 242,922 236,008 227,864 221,276 179,731 190,914 39.41%
-
NP to SH 310,948 224,432 217,798 208,464 203,804 166,845 176,138 45.91%
-
Tax Rate 18.60% 13.19% 18.96% 24.29% 25.08% 25.01% 24.09% -
Total Cost 3,215,740 3,028,241 3,063,557 3,529,986 3,540,276 3,494,485 3,398,721 -3.61%
-
Net Worth 1,069,775 1,293,155 1,230,467 1,213,075 1,229,237 1,183,601 1,125,198 -3.30%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div - 148,730 60,631 90,713 - 142,887 83,464 -
Div Payout % - 66.27% 27.84% 43.52% - 85.64% 47.39% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 1,069,775 1,293,155 1,230,467 1,213,075 1,229,237 1,183,601 1,125,198 -3.30%
NOSH 356,591 356,241 356,657 355,740 356,300 356,506 356,075 0.09%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 8.91% 7.43% 7.15% 6.06% 5.88% 4.89% 5.32% -
ROE 29.07% 17.36% 17.70% 17.18% 16.58% 14.10% 15.65% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 990.05 918.24 925.14 1,056.35 1,055.72 1,030.62 1,008.11 -1.19%
EPS 0.88 63.00 61.07 58.60 57.20 46.80 49.47 -93.13%
DPS 0.00 41.75 17.00 25.50 0.00 40.08 23.44 -
NAPS 3.00 3.63 3.45 3.41 3.45 3.32 3.16 -3.39%
Adjusted Per Share Value based on latest NOSH - 355,206
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 962.55 891.86 899.61 1,024.56 1,025.57 1,001.75 978.69 -1.09%
EPS 84.78 61.19 59.38 56.84 55.57 45.49 48.02 45.92%
DPS 0.00 40.55 16.53 24.73 0.00 38.96 22.76 -
NAPS 2.9167 3.5257 3.3548 3.3074 3.3514 3.227 3.0678 -3.30%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 10.60 10.32 9.55 8.25 8.85 9.05 9.00 -
P/RPS 1.07 1.12 1.03 0.78 0.84 0.88 0.89 13.02%
P/EPS 12.16 16.38 15.64 14.08 15.47 19.34 18.19 -23.48%
EY 8.23 6.10 6.39 7.10 6.46 5.17 5.50 30.72%
DY 0.00 4.05 1.78 3.09 0.00 4.43 2.60 -
P/NAPS 3.53 2.84 2.77 2.42 2.57 2.73 2.85 15.28%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 09/02/10 09/11/09 06/08/09 04/05/09 11/02/09 06/11/08 07/08/08 -
Price 10.50 10.56 9.80 8.75 9.00 8.35 9.00 -
P/RPS 1.06 1.15 1.06 0.83 0.85 0.81 0.89 12.32%
P/EPS 12.04 16.76 16.05 14.93 15.73 17.84 18.19 -23.99%
EY 8.30 5.97 6.23 6.70 6.36 5.60 5.50 31.46%
DY 0.00 3.95 1.73 2.91 0.00 4.80 2.60 -
P/NAPS 3.50 2.91 2.84 2.57 2.61 2.52 2.85 14.63%

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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