[BAT] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
27-Apr-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -14.55%
YoY- -16.52%
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 3,564,215 3,902,205 3,536,210 3,577,740 3,263,725 3,407,038 3,118,978 9.27%
PBT 832,969 941,097 818,596 938,584 1,082,815 1,180,669 1,121,184 -17.92%
Tax -240,167 -271,829 -235,756 -270,312 -300,731 -328,225 -311,690 -15.91%
NP 592,802 669,268 582,840 668,272 782,084 852,444 809,494 -18.70%
-
NP to SH 592,802 669,268 582,840 668,272 782,084 852,444 809,494 -18.70%
-
Tax Rate 28.83% 28.88% 28.80% 28.80% 27.77% 27.80% 27.80% -
Total Cost 2,971,413 3,232,937 2,953,370 2,909,468 2,481,641 2,554,594 2,309,484 18.24%
-
Net Worth 616,788 111,354 128,441 379,829 205,586 57,108 145,571 161.15%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 714,160 315,218 472,665 - 709,272 438,595 657,642 5.63%
Div Payout % 120.47% 47.10% 81.10% - 90.69% 51.45% 81.24% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 616,788 111,354 128,441 379,829 205,586 57,108 145,571 161.15%
NOSH 285,550 285,523 285,426 285,586 285,536 285,544 285,435 0.02%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 16.63% 17.15% 16.48% 18.68% 23.96% 25.02% 25.95% -
ROE 96.11% 601.03% 453.78% 175.94% 380.42% 1,492.67% 556.08% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 1,248.19 1,366.68 1,238.92 1,252.77 1,143.02 1,193.17 1,092.71 9.24%
EPS 207.60 234.40 204.20 234.00 273.90 298.53 283.60 -18.73%
DPS 250.10 110.40 165.60 0.00 248.40 153.60 230.40 5.60%
NAPS 2.16 0.39 0.45 1.33 0.72 0.20 0.51 161.08%
Adjusted Per Share Value based on latest NOSH - 285,586
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 1,248.28 1,366.65 1,238.47 1,253.02 1,143.04 1,193.23 1,092.35 9.27%
EPS 207.61 234.39 204.13 234.05 273.91 298.55 283.51 -18.71%
DPS 250.12 110.40 165.54 0.00 248.41 153.61 230.32 5.63%
NAPS 2.1602 0.39 0.4498 1.3303 0.72 0.20 0.5098 161.16%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 40.25 38.00 41.75 43.50 45.75 46.25 50.50 -
P/RPS 3.22 2.78 3.37 3.47 4.00 3.88 4.62 -21.33%
P/EPS 19.39 16.21 20.45 18.59 16.70 15.49 17.81 5.81%
EY 5.16 6.17 4.89 5.38 5.99 6.45 5.62 -5.51%
DY 6.21 2.91 3.97 0.00 5.43 3.32 4.56 22.79%
P/NAPS 18.63 97.44 92.78 32.71 63.54 231.25 99.02 -67.06%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 23/03/06 26/10/05 27/07/05 27/04/05 24/02/05 26/10/04 02/08/04 -
Price 44.00 36.75 42.00 44.25 47.00 45.50 50.25 -
P/RPS 3.53 2.69 3.39 3.53 4.11 3.81 4.60 -16.14%
P/EPS 21.19 15.68 20.57 18.91 17.16 15.24 17.72 12.62%
EY 4.72 6.38 4.86 5.29 5.83 6.56 5.64 -11.16%
DY 5.68 3.00 3.94 0.00 5.29 3.38 4.59 15.21%
P/NAPS 20.37 94.23 93.33 33.27 65.28 227.50 98.53 -64.93%

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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