[NCB] QoQ Annualized Quarter Result on 31-Mar-2006 [#1]

Announcement Date
28-Apr-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- 5.9%
YoY- 47.68%
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Annualized Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 834,002 823,653 814,916 780,028 806,576 807,088 796,560 3.10%
PBT 165,320 154,761 157,194 146,424 136,938 136,252 130,688 16.91%
Tax -49,156 -48,617 -48,662 -45,132 -41,498 -44,304 -43,082 9.16%
NP 116,164 106,144 108,532 101,292 95,440 91,948 87,606 20.63%
-
NP to SH 116,101 106,112 108,538 101,328 95,684 91,786 87,584 20.61%
-
Tax Rate 29.73% 31.41% 30.96% 30.82% 30.30% 32.52% 32.97% -
Total Cost 717,838 717,509 706,384 678,736 711,136 715,140 708,954 0.83%
-
Net Worth 1,668,658 1,652,898 1,628,070 1,641,888 1,607,302 1,414,520 1,384,392 13.22%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 124,561 31,394 47,190 - 70,702 31,433 47,088 90.93%
Div Payout % 107.29% 29.59% 43.48% - 73.89% 34.25% 53.76% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 1,668,658 1,652,898 1,628,070 1,641,888 1,607,302 1,414,520 1,384,392 13.22%
NOSH 470,044 470,911 471,904 469,111 471,349 471,506 470,881 -0.11%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 13.93% 12.89% 13.32% 12.99% 11.83% 11.39% 11.00% -
ROE 6.96% 6.42% 6.67% 6.17% 5.95% 6.49% 6.33% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 177.43 174.91 172.69 166.28 171.12 171.17 169.16 3.22%
EPS 24.70 22.53 23.00 21.60 20.30 19.47 18.60 20.75%
DPS 26.50 6.67 10.00 0.00 15.00 6.67 10.00 91.15%
NAPS 3.55 3.51 3.45 3.50 3.41 3.00 2.94 13.35%
Adjusted Per Share Value based on latest NOSH - 469,111
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 176.14 173.96 172.11 164.74 170.35 170.46 168.24 3.09%
EPS 24.52 22.41 22.92 21.40 20.21 19.39 18.50 20.59%
DPS 26.31 6.63 9.97 0.00 14.93 6.64 9.95 90.88%
NAPS 3.5243 3.491 3.4385 3.4677 3.3947 2.9875 2.9239 13.22%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 2.49 2.55 2.58 2.50 2.49 2.50 2.40 -
P/RPS 1.40 1.46 1.49 1.50 1.46 1.46 1.42 -0.93%
P/EPS 10.08 11.32 11.22 11.57 12.27 12.84 12.90 -15.12%
EY 9.92 8.84 8.91 8.64 8.15 7.79 7.75 17.83%
DY 10.64 2.61 3.88 0.00 6.02 2.67 4.17 86.40%
P/NAPS 0.70 0.73 0.75 0.71 0.73 0.83 0.82 -9.98%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 28/02/07 19/10/06 21/08/06 28/04/06 06/03/06 24/10/05 22/08/05 -
Price 2.73 2.50 2.65 2.60 2.50 2.45 2.50 -
P/RPS 1.54 1.43 1.53 1.56 1.46 1.43 1.48 2.67%
P/EPS 11.05 11.09 11.52 12.04 12.32 12.59 13.44 -12.20%
EY 9.05 9.01 8.68 8.31 8.12 7.95 7.44 13.91%
DY 9.71 2.67 3.77 0.00 6.00 2.72 4.00 80.33%
P/NAPS 0.77 0.71 0.77 0.74 0.73 0.82 0.85 -6.36%

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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