[PLUS] QoQ Annualized Quarter Result on 31-Mar-2004 [#1]

Announcement Date
26-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- -8.04%
YoY- -2.89%
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Annualized Quarter Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 1,650,120 1,611,677 1,607,706 1,573,608 1,580,870 1,535,813 1,512,854 5.93%
PBT 773,701 735,053 716,824 678,304 735,561 719,430 700,550 6.81%
Tax -5,215 -6,788 -5,926 -5,124 -3,500 -2,628 -2,456 64.82%
NP 768,486 728,265 710,898 673,180 732,061 716,802 698,094 6.58%
-
NP to SH 768,486 728,265 710,898 673,180 732,061 716,802 698,094 6.58%
-
Tax Rate 0.67% 0.92% 0.83% 0.76% 0.48% 0.37% 0.35% -
Total Cost 881,634 883,412 896,808 900,428 848,809 819,010 814,760 5.37%
-
Net Worth 3,449,937 3,201,166 3,199,540 3,196,106 3,000,250 2,800,531 2,801,377 14.82%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 349,993 233,418 349,949 - 175,014 233,377 350,047 -0.01%
Div Payout % 45.54% 32.05% 49.23% - 23.91% 32.56% 50.14% -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 3,449,937 3,201,166 3,199,540 3,196,106 3,000,250 2,800,531 2,801,377 14.82%
NOSH 4,999,908 5,001,822 4,999,282 4,993,917 5,000,416 5,000,948 5,000,673 -0.01%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 46.57% 45.19% 44.22% 42.78% 46.31% 46.67% 46.14% -
ROE 22.28% 22.75% 22.22% 21.06% 24.40% 25.60% 24.92% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 33.00 32.22 32.16 31.51 31.61 30.71 30.25 5.94%
EPS 15.37 14.56 14.22 13.48 14.64 14.33 13.96 6.59%
DPS 7.00 4.67 7.00 0.00 3.50 4.67 7.00 0.00%
NAPS 0.69 0.64 0.64 0.64 0.60 0.56 0.5602 14.83%
Adjusted Per Share Value based on latest NOSH - 4,993,917
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 33.00 32.23 32.15 31.47 31.62 30.72 30.26 5.92%
EPS 15.37 14.57 14.22 13.46 14.64 14.34 13.96 6.59%
DPS 7.00 4.67 7.00 0.00 3.50 4.67 7.00 0.00%
NAPS 0.69 0.6402 0.6399 0.6392 0.6001 0.5601 0.5603 14.81%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 2.80 2.47 2.25 2.53 2.55 2.40 2.43 -
P/RPS 8.48 7.67 7.00 8.03 8.07 7.81 8.03 3.68%
P/EPS 18.22 16.96 15.82 18.77 17.42 16.74 17.41 3.06%
EY 5.49 5.89 6.32 5.33 5.74 5.97 5.74 -2.91%
DY 2.50 1.89 3.11 0.00 1.37 1.94 2.88 -8.96%
P/NAPS 4.06 3.86 3.52 3.95 4.25 4.29 4.34 -4.32%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 24/02/05 24/11/04 24/08/04 26/05/04 27/02/04 13/11/03 26/08/03 -
Price 2.73 2.81 2.40 2.22 2.43 2.53 2.53 -
P/RPS 8.27 8.72 7.46 7.05 7.69 8.24 8.36 -0.71%
P/EPS 17.76 19.30 16.88 16.47 16.60 17.65 18.12 -1.32%
EY 5.63 5.18 5.92 6.07 6.02 5.67 5.52 1.31%
DY 2.56 1.66 2.92 0.00 1.44 1.84 2.77 -5.09%
P/NAPS 3.96 4.39 3.75 3.47 4.05 4.52 4.52 -8.40%

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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