[BAT] QoQ Annualized Quarter Result on 30-Sep-2004 [#3]

Announcement Date
26-Oct-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 5.31%
YoY- 7.84%
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Annualized Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 3,536,210 3,577,740 3,263,725 3,407,038 3,118,978 3,012,276 3,199,734 6.89%
PBT 818,596 938,584 1,082,815 1,180,669 1,121,184 1,108,788 1,046,625 -15.12%
Tax -235,756 -270,312 -300,731 -328,225 -311,690 -308,244 -288,471 -12.59%
NP 582,840 668,272 782,084 852,444 809,494 800,544 758,154 -16.09%
-
NP to SH 582,840 668,272 782,084 852,444 809,494 800,544 758,154 -16.09%
-
Tax Rate 28.80% 28.80% 27.77% 27.80% 27.80% 27.80% 27.56% -
Total Cost 2,953,370 2,909,468 2,481,641 2,554,594 2,309,484 2,211,732 2,441,580 13.53%
-
Net Worth 128,441 379,829 205,586 57,108 145,571 314,050 108,511 11.90%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div 472,665 - 709,272 438,595 657,642 - 885,112 -34.20%
Div Payout % 81.10% - 90.69% 51.45% 81.24% - 116.75% -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 128,441 379,829 205,586 57,108 145,571 314,050 108,511 11.90%
NOSH 285,426 285,586 285,536 285,544 285,435 285,500 285,557 -0.03%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 16.48% 18.68% 23.96% 25.02% 25.95% 26.58% 23.69% -
ROE 453.78% 175.94% 380.42% 1,492.67% 556.08% 254.91% 698.68% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 1,238.92 1,252.77 1,143.02 1,193.17 1,092.71 1,055.09 1,120.52 6.93%
EPS 204.20 234.00 273.90 298.53 283.60 280.40 265.50 -16.06%
DPS 165.60 0.00 248.40 153.60 230.40 0.00 309.96 -34.18%
NAPS 0.45 1.33 0.72 0.20 0.51 1.10 0.38 11.94%
Adjusted Per Share Value based on latest NOSH - 285,384
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 1,238.47 1,253.02 1,143.04 1,193.23 1,092.35 1,054.98 1,120.63 6.89%
EPS 204.13 234.05 273.91 298.55 283.51 280.37 265.53 -16.09%
DPS 165.54 0.00 248.41 153.61 230.32 0.00 309.99 -34.20%
NAPS 0.4498 1.3303 0.72 0.20 0.5098 1.0999 0.38 11.90%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 41.75 43.50 45.75 46.25 50.50 48.50 43.50 -
P/RPS 3.37 3.47 4.00 3.88 4.62 4.60 3.88 -8.97%
P/EPS 20.45 18.59 16.70 15.49 17.81 17.30 16.38 15.96%
EY 4.89 5.38 5.99 6.45 5.62 5.78 6.10 -13.71%
DY 3.97 0.00 5.43 3.32 4.56 0.00 7.13 -32.34%
P/NAPS 92.78 32.71 63.54 231.25 99.02 44.09 114.47 -13.08%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 27/07/05 27/04/05 24/02/05 26/10/04 02/08/04 27/04/04 25/02/04 -
Price 42.00 44.25 47.00 45.50 50.25 48.00 44.00 -
P/RPS 3.39 3.53 4.11 3.81 4.60 4.55 3.93 -9.39%
P/EPS 20.57 18.91 17.16 15.24 17.72 17.12 16.57 15.52%
EY 4.86 5.29 5.83 6.56 5.64 5.84 6.03 -13.40%
DY 3.94 0.00 5.29 3.38 4.59 0.00 7.04 -32.11%
P/NAPS 93.33 33.27 65.28 227.50 98.53 43.64 115.79 -13.40%

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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