[F&N] QoQ Annualized Quarter Result on 31-Mar-2011 [#2]

Announcement Date
05-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Sep-2011
Quarter
31-Mar-2011 [#2]
Profit Trend
QoQ- 11.63%
YoY- 46.7%
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 2,973,192 3,915,431 3,893,292 4,074,988 4,112,104 3,637,726 3,529,966 -10.78%
PBT 214,160 463,656 519,494 595,248 544,176 388,982 382,502 -31.99%
Tax -47,176 -80,526 -96,930 -117,104 -115,840 305,066 -73,526 -25.54%
NP 166,984 383,130 422,564 478,144 428,336 694,048 308,976 -33.57%
-
NP to SH 166,984 383,130 422,564 478,144 428,336 695,291 310,633 -33.81%
-
Tax Rate 22.03% 17.37% 18.66% 19.67% 21.29% -78.43% 19.22% -
Total Cost 2,806,208 3,532,301 3,470,728 3,596,844 3,683,768 2,943,678 3,220,990 -8.75%
-
Net Worth 1,594,265 1,551,873 1,469,891 1,510,305 152,059,282 1,792,574 1,339,428 12.27%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div - 347,648 167,304 250,524 - 586,239 78,370 -
Div Payout % - 90.74% 39.59% 52.40% - 84.32% 25.23% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 1,594,265 1,551,873 1,469,891 1,510,305 152,059,282 1,792,574 1,339,428 12.27%
NOSH 359,879 358,400 358,510 357,892 35,694,665 356,376 356,230 0.67%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 5.62% 9.79% 10.85% 11.73% 10.42% 19.08% 8.75% -
ROE 10.47% 24.69% 28.75% 31.66% 0.28% 38.79% 23.19% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 826.16 1,092.47 1,085.96 1,138.61 11.52 1,020.75 990.92 -11.38%
EPS 46.40 106.90 117.87 133.60 1.20 195.10 87.20 -34.25%
DPS 0.00 97.00 46.67 70.00 0.00 164.50 22.00 -
NAPS 4.43 4.33 4.10 4.22 4.26 5.03 3.76 11.51%
Adjusted Per Share Value based on latest NOSH - 358,663
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 810.62 1,067.52 1,061.48 1,111.02 1,121.14 991.80 962.42 -10.78%
EPS 45.53 104.46 115.21 130.36 116.78 189.57 84.69 -33.80%
DPS 0.00 94.78 45.61 68.30 0.00 159.83 21.37 -
NAPS 4.3467 4.2311 4.0076 4.1178 414.5807 4.8874 3.6519 12.27%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 18.20 16.50 19.40 15.62 15.00 14.46 12.56 -
P/RPS 2.20 1.51 1.79 1.37 130.21 1.42 1.27 44.09%
P/EPS 39.22 15.43 16.46 11.69 1,250.00 7.41 14.40 94.67%
EY 2.55 6.48 6.08 8.55 0.08 13.49 6.94 -48.60%
DY 0.00 5.88 2.41 4.48 0.00 11.38 1.75 -
P/NAPS 4.11 3.81 4.73 3.70 3.52 2.87 3.34 14.78%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 03/02/12 04/11/11 05/08/11 05/05/11 07/02/11 08/11/10 05/08/10 -
Price 17.60 17.14 18.90 18.40 14.98 14.62 14.28 -
P/RPS 2.13 1.57 1.74 1.62 130.03 1.43 1.44 29.72%
P/EPS 37.93 16.03 16.04 13.77 1,248.33 7.49 16.38 74.76%
EY 2.64 6.24 6.24 7.26 0.08 13.34 6.11 -42.75%
DY 0.00 5.66 2.47 3.80 0.00 11.25 1.54 -
P/NAPS 3.97 3.96 4.61 4.36 3.52 2.91 3.80 2.95%

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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