[AIRPORT] QoQ Annualized Quarter Result on 30-Sep-2003 [#3]

Announcement Date
21-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- -23.86%
YoY- 13.59%
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Annualized Quarter Result
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Revenue 1,020,962 1,104,448 894,000 905,236 948,146 1,247,836 935,271 6.02%
PBT 94,574 123,212 151,604 237,917 292,222 473,700 221,830 -43.38%
Tax -39,516 -49,316 -66,931 -64,665 -64,684 -81,128 -71,347 -32.58%
NP 55,058 73,896 84,673 173,252 227,538 392,572 150,483 -48.87%
-
NP to SH 55,058 73,896 84,673 173,252 227,538 392,572 150,843 -48.95%
-
Tax Rate 41.78% 40.03% 44.15% 27.18% 22.14% 17.13% 32.16% -
Total Cost 965,904 1,030,552 809,327 731,984 720,608 855,264 784,788 14.86%
-
Net Worth 2,400,528 2,408,217 2,387,088 2,431,542 2,420,638 2,431,569 2,331,198 1.97%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div - - - - - - 87,969 -
Div Payout % - - - - - - 58.32% -
Equity
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Net Worth 2,400,528 2,408,217 2,387,088 2,431,542 2,420,638 2,431,569 2,331,198 1.97%
NOSH 1,101,160 1,099,642 1,100,040 1,100,245 1,100,290 1,100,257 1,099,622 0.09%
Ratio Analysis
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
NP Margin 5.39% 6.69% 9.47% 19.14% 24.00% 31.46% 16.09% -
ROE 2.29% 3.07% 3.55% 7.13% 9.40% 16.14% 6.47% -
Per Share
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 92.72 100.44 81.27 82.28 86.17 113.41 85.05 5.93%
EPS 5.00 6.72 7.70 15.75 20.68 35.68 13.71 -48.98%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 8.00 -
NAPS 2.18 2.19 2.17 2.21 2.20 2.21 2.12 1.87%
Adjusted Per Share Value based on latest NOSH - 1,099,999
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 61.19 66.19 53.58 54.25 56.82 74.79 56.05 6.02%
EPS 3.30 4.43 5.07 10.38 13.64 23.53 9.04 -48.95%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 5.27 -
NAPS 1.4387 1.4433 1.4306 1.4573 1.4507 1.4573 1.3971 1.97%
Price Multiplier on Financial Quarter End Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 -
Price 1.30 1.63 1.69 1.58 1.56 1.48 1.49 -
P/RPS 1.40 1.62 2.08 1.92 1.81 1.30 1.75 -13.83%
P/EPS 26.00 24.26 21.96 10.03 7.54 4.15 10.86 79.05%
EY 3.85 4.12 4.55 9.97 13.26 24.11 9.21 -44.12%
DY 0.00 0.00 0.00 0.00 0.00 0.00 5.37 -
P/NAPS 0.60 0.74 0.78 0.71 0.71 0.67 0.70 -9.77%
Price Multiplier on Announcement Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 26/08/04 31/05/04 27/02/04 21/11/03 28/08/03 29/05/03 27/02/03 -
Price 1.36 1.43 1.68 1.70 1.70 1.59 1.51 -
P/RPS 1.47 1.42 2.07 2.07 1.97 1.40 1.78 -11.98%
P/EPS 27.20 21.28 21.83 10.80 8.22 4.46 11.01 82.84%
EY 3.68 4.70 4.58 9.26 12.16 22.44 9.08 -45.26%
DY 0.00 0.00 0.00 0.00 0.00 0.00 5.30 -
P/NAPS 0.62 0.65 0.77 0.77 0.77 0.72 0.71 -8.64%

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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