[NAIM] QoQ Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
17-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 1.82%
YoY- 55.9%
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Annualized Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 324,277 298,986 287,584 343,710 324,373 304,880 386,032 -10.96%
PBT 100,722 108,824 122,944 114,964 108,225 109,928 129,400 -15.36%
Tax -26,752 -28,070 -32,968 -45,469 -39,974 -43,224 -50,980 -34.91%
NP 73,970 80,754 89,976 69,495 68,250 66,704 78,420 -3.81%
-
NP to SH 62,566 67,856 73,564 69,495 68,250 66,704 78,420 -13.96%
-
Tax Rate 26.56% 25.79% 26.82% 39.55% 36.94% 39.32% 39.40% -
Total Cost 250,306 218,232 197,608 274,215 256,122 238,176 307,612 -12.83%
-
Net Worth 433,115 433,070 430,690 454,397 394,907 377,522 400,102 5.42%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 23,099 34,645 - 29,960 16,662 - - -
Div Payout % 36.92% 51.06% - 43.11% 24.41% - - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 433,115 433,070 430,690 454,397 394,907 377,522 400,102 5.42%
NOSH 247,494 247,469 247,523 249,668 249,941 250,014 250,063 -0.68%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 22.81% 27.01% 31.29% 20.22% 21.04% 21.88% 20.31% -
ROE 14.45% 15.67% 17.08% 15.29% 17.28% 17.67% 19.60% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 131.02 120.82 116.18 137.67 129.78 121.94 154.37 -10.34%
EPS 25.28 27.42 29.72 27.84 27.31 26.68 31.36 -13.37%
DPS 9.33 14.00 0.00 12.00 6.67 0.00 0.00 -
NAPS 1.75 1.75 1.74 1.82 1.58 1.51 1.60 6.15%
Adjusted Per Share Value based on latest NOSH - 248,902
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 63.11 58.19 55.97 66.90 63.13 59.34 75.13 -10.96%
EPS 12.18 13.21 14.32 13.53 13.28 12.98 15.26 -13.94%
DPS 4.50 6.74 0.00 5.83 3.24 0.00 0.00 -
NAPS 0.843 0.8429 0.8382 0.8844 0.7686 0.7348 0.7787 5.42%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 3.08 3.30 3.16 3.20 3.26 3.30 4.00 -
P/RPS 2.35 2.73 2.72 2.32 2.51 2.71 2.59 -6.27%
P/EPS 12.18 12.04 10.63 11.50 11.94 12.37 12.76 -3.05%
EY 8.21 8.31 9.41 8.70 8.38 8.08 7.84 3.11%
DY 3.03 4.24 0.00 3.75 2.04 0.00 0.00 -
P/NAPS 1.76 1.89 1.82 1.76 2.06 2.19 2.50 -20.84%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 28/10/05 26/08/05 25/05/05 17/02/05 28/10/04 23/08/04 24/05/04 -
Price 3.00 3.14 3.22 3.16 3.12 3.44 3.08 -
P/RPS 2.29 2.60 2.77 2.30 2.40 2.82 2.00 9.43%
P/EPS 11.87 11.45 10.83 11.35 11.43 12.89 9.82 13.45%
EY 8.43 8.73 9.23 8.81 8.75 7.76 10.18 -11.80%
DY 3.11 4.46 0.00 3.80 2.14 0.00 0.00 -
P/NAPS 1.71 1.79 1.85 1.74 1.97 2.28 1.93 -7.74%

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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