[TM] QoQ Annualized Quarter Result on 31-Mar-2010 [#1]

Announcement Date
27-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Mar-2010 [#1]
Profit Trend
QoQ- 51.12%
YoY- 775.88%
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Annualized Quarter Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 8,791,002 8,627,172 8,551,642 8,499,532 8,607,991 8,447,262 8,468,720 2.51%
PBT 1,360,192 1,367,229 1,039,068 1,410,348 921,588 890,626 900,418 31.55%
Tax -115,182 -261,840 -274,198 -406,604 -248,310 -230,596 -281,770 -44.83%
NP 1,245,010 1,105,389 764,870 1,003,744 673,278 660,030 618,648 59.19%
-
NP to SH 1,206,448 1,074,421 734,654 971,772 643,026 630,368 587,410 61.36%
-
Tax Rate 8.47% 19.15% 26.39% 28.83% 26.94% 25.89% 31.29% -
Total Cost 7,545,992 7,521,782 7,786,772 7,495,788 7,934,713 7,787,232 7,850,072 -2.59%
-
Net Worth 7,689,237 7,450,070 7,313,692 7,508,699 6,928,868 6,747,038 6,762,907 8.90%
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div 928,858 615,307 918,317 - 808,174 466,939 699,297 20.77%
Div Payout % 76.99% 57.27% 125.00% - 125.68% 74.07% 119.05% -
Equity
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Net Worth 7,689,237 7,450,070 7,313,692 7,508,699 6,928,868 6,747,038 6,762,907 8.90%
NOSH 3,558,843 3,549,850 3,531,990 3,520,912 3,513,803 3,502,044 3,496,488 1.18%
Ratio Analysis
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
NP Margin 14.16% 12.81% 8.94% 11.81% 7.82% 7.81% 7.31% -
ROE 15.69% 14.42% 10.04% 12.94% 9.28% 9.34% 8.69% -
Per Share
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 247.02 243.03 242.12 241.40 244.98 241.21 242.21 1.31%
EPS 33.90 30.27 20.80 27.60 18.30 18.00 16.80 59.47%
DPS 26.10 17.33 26.00 0.00 23.00 13.33 20.00 19.36%
NAPS 2.1606 2.0987 2.0707 2.1326 1.9719 1.9266 1.9342 7.63%
Adjusted Per Share Value based on latest NOSH - 3,520,912
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 229.07 224.80 222.83 221.47 224.30 220.11 220.67 2.51%
EPS 31.44 28.00 19.14 25.32 16.76 16.43 15.31 61.35%
DPS 24.20 16.03 23.93 0.00 21.06 12.17 18.22 20.76%
NAPS 2.0036 1.9413 1.9057 1.9566 1.8055 1.7581 1.7622 8.91%
Price Multiplier on Financial Quarter End Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 -
Price 3.51 3.42 3.35 3.44 3.06 3.07 2.93 -
P/RPS 1.42 1.41 1.38 1.43 1.25 1.27 1.21 11.22%
P/EPS 10.35 11.30 16.11 12.46 16.72 17.06 17.44 -29.31%
EY 9.66 8.85 6.21 8.02 5.98 5.86 5.73 41.51%
DY 7.44 5.07 7.76 0.00 7.52 4.34 6.83 5.85%
P/NAPS 1.62 1.63 1.62 1.61 1.55 1.59 1.51 4.78%
Price Multiplier on Announcement Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 25/02/11 26/11/10 23/08/10 27/05/10 22/02/10 20/11/09 21/08/09 -
Price 3.85 3.35 3.58 3.26 3.35 3.02 3.05 -
P/RPS 1.56 1.38 1.48 1.35 1.37 1.25 1.26 15.25%
P/EPS 11.36 11.07 17.21 11.81 18.31 16.78 18.15 -26.76%
EY 8.81 9.03 5.81 8.47 5.46 5.96 5.51 36.61%
DY 6.78 5.17 7.26 0.00 6.87 4.42 6.56 2.21%
P/NAPS 1.78 1.60 1.73 1.53 1.70 1.57 1.58 8.24%

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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