[MCEMENT] QoQ Annualized Quarter Result on 31-Dec-2011 [#4]

Announcement Date
22-Feb-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Dec-2011 [#4]
Profit Trend
QoQ- 18.92%
YoY- 7.62%
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Annualized Quarter Result
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Revenue 2,733,221 2,682,322 2,576,792 2,552,564 2,527,617 2,540,372 2,411,084 8.69%
PBT 441,144 395,002 348,456 414,647 360,225 345,910 275,448 36.76%
Tax -116,668 -101,418 -89,476 -97,000 -94,244 -90,668 -72,496 37.20%
NP 324,476 293,584 258,980 317,647 265,981 255,242 202,952 36.61%
-
NP to SH 324,377 293,822 259,272 317,845 267,278 258,314 207,848 34.43%
-
Tax Rate 26.45% 25.68% 25.68% 23.39% 26.16% 26.21% 26.32% -
Total Cost 2,408,745 2,388,738 2,317,812 2,234,917 2,261,636 2,285,130 2,208,132 5.95%
-
Net Worth 3,135,374 3,101,386 3,092,889 3,110,461 3,066,343 3,058,981 3,058,091 1.67%
Dividend
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Div 271,902 305,890 271,902 288,949 271,808 271,909 272,587 -0.16%
Div Payout % 83.82% 104.11% 104.87% 90.91% 101.69% 105.26% 131.15% -
Equity
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Net Worth 3,135,374 3,101,386 3,092,889 3,110,461 3,066,343 3,058,981 3,058,091 1.67%
NOSH 849,695 849,695 849,695 849,852 849,402 849,717 851,836 -0.16%
Ratio Analysis
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
NP Margin 11.87% 10.95% 10.05% 12.44% 10.52% 10.05% 8.42% -
ROE 10.35% 9.47% 8.38% 10.22% 8.72% 8.44% 6.80% -
Per Share
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 321.67 315.68 303.26 300.35 297.58 298.97 283.05 8.87%
EPS 38.13 34.60 30.40 37.40 31.47 30.40 24.40 34.55%
DPS 32.00 36.00 32.00 34.00 32.00 32.00 32.00 0.00%
NAPS 3.69 3.65 3.64 3.66 3.61 3.60 3.59 1.84%
Adjusted Per Share Value based on latest NOSH - 850,623
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 205.06 201.24 193.32 191.50 189.63 190.59 180.89 8.69%
EPS 24.34 22.04 19.45 23.85 20.05 19.38 15.59 34.47%
DPS 20.40 22.95 20.40 21.68 20.39 20.40 20.45 -0.16%
NAPS 2.3523 2.3268 2.3204 2.3336 2.3005 2.295 2.2943 1.67%
Price Multiplier on Financial Quarter End Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 -
Price 8.90 7.30 7.20 7.00 6.56 7.45 7.40 -
P/RPS 2.77 2.31 2.37 2.33 2.20 2.49 2.61 4.03%
P/EPS 23.31 21.11 23.60 18.72 20.85 24.51 30.33 -16.05%
EY 4.29 4.74 4.24 5.34 4.80 4.08 3.30 19.05%
DY 3.60 4.93 4.44 4.86 4.88 4.30 4.32 -11.41%
P/NAPS 2.41 2.00 1.98 1.91 1.82 2.07 2.06 10.99%
Price Multiplier on Announcement Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 22/11/12 28/08/12 29/05/12 22/02/12 22/11/11 24/08/11 24/05/11 -
Price 9.62 8.60 7.07 7.37 6.59 7.01 7.47 -
P/RPS 2.99 2.72 2.33 2.45 2.21 2.34 2.64 8.62%
P/EPS 25.20 24.87 23.17 19.71 20.94 23.06 30.61 -12.12%
EY 3.97 4.02 4.32 5.07 4.77 4.34 3.27 13.76%
DY 3.33 4.19 4.53 4.61 4.86 4.56 4.28 -15.36%
P/NAPS 2.61 2.36 1.94 2.01 1.83 1.95 2.08 16.28%

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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