[MCEMENT] QoQ Annualized Quarter Result on 30-Sep-2011 [#3]

Announcement Date
22-Nov-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
30-Sep-2011 [#3]
Profit Trend
QoQ- 3.47%
YoY- -6.69%
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Annualized Quarter Result
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Revenue 2,682,322 2,576,792 2,552,564 2,527,617 2,540,372 2,411,084 2,324,888 10.01%
PBT 395,002 348,456 414,647 360,225 345,910 275,448 345,397 9.36%
Tax -101,418 -89,476 -97,000 -94,244 -90,668 -72,496 -54,299 51.72%
NP 293,584 258,980 317,647 265,981 255,242 202,952 291,098 0.56%
-
NP to SH 293,822 259,272 317,845 267,278 258,314 207,848 295,340 -0.34%
-
Tax Rate 25.68% 25.68% 23.39% 26.16% 26.21% 26.32% 15.72% -
Total Cost 2,388,738 2,317,812 2,234,917 2,261,636 2,285,130 2,208,132 2,033,790 11.33%
-
Net Worth 3,101,386 3,092,889 3,110,461 3,066,343 3,058,981 3,058,091 3,080,701 0.44%
Dividend
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Div 305,890 271,902 288,949 271,808 271,909 272,587 288,550 3.97%
Div Payout % 104.11% 104.87% 90.91% 101.69% 105.26% 131.15% 97.70% -
Equity
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Net Worth 3,101,386 3,092,889 3,110,461 3,066,343 3,058,981 3,058,091 3,080,701 0.44%
NOSH 849,695 849,695 849,852 849,402 849,717 851,836 848,678 0.07%
Ratio Analysis
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
NP Margin 10.95% 10.05% 12.44% 10.52% 10.05% 8.42% 12.52% -
ROE 9.47% 8.38% 10.22% 8.72% 8.44% 6.80% 9.59% -
Per Share
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 315.68 303.26 300.35 297.58 298.97 283.05 273.94 9.92%
EPS 34.60 30.40 37.40 31.47 30.40 24.40 34.80 -0.38%
DPS 36.00 32.00 34.00 32.00 32.00 32.00 34.00 3.88%
NAPS 3.65 3.64 3.66 3.61 3.60 3.59 3.63 0.36%
Adjusted Per Share Value based on latest NOSH - 848,833
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 201.24 193.32 191.50 189.63 190.59 180.89 174.42 10.01%
EPS 22.04 19.45 23.85 20.05 19.38 15.59 22.16 -0.36%
DPS 22.95 20.40 21.68 20.39 20.40 20.45 21.65 3.96%
NAPS 2.3268 2.3204 2.3336 2.3005 2.295 2.2943 2.3113 0.44%
Price Multiplier on Financial Quarter End Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 -
Price 7.30 7.20 7.00 6.56 7.45 7.40 7.67 -
P/RPS 2.31 2.37 2.33 2.20 2.49 2.61 2.80 -12.04%
P/EPS 21.11 23.60 18.72 20.85 24.51 30.33 22.04 -2.83%
EY 4.74 4.24 5.34 4.80 4.08 3.30 4.54 2.91%
DY 4.93 4.44 4.86 4.88 4.30 4.32 4.43 7.39%
P/NAPS 2.00 1.98 1.91 1.82 2.07 2.06 2.11 -3.50%
Price Multiplier on Announcement Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 28/08/12 29/05/12 22/02/12 22/11/11 24/08/11 24/05/11 23/02/11 -
Price 8.60 7.07 7.37 6.59 7.01 7.47 7.32 -
P/RPS 2.72 2.33 2.45 2.21 2.34 2.64 2.67 1.24%
P/EPS 24.87 23.17 19.71 20.94 23.06 30.61 21.03 11.84%
EY 4.02 4.32 5.07 4.77 4.34 3.27 4.75 -10.53%
DY 4.19 4.53 4.61 4.86 4.56 4.28 4.64 -6.58%
P/NAPS 2.36 1.94 2.01 1.83 1.95 2.08 2.02 10.93%

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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