[BERNAS] QoQ Annualized Quarter Result on 31-Dec-2010 [#4]

Announcement Date
21-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- -5.01%
YoY- 4.89%
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Annualized Quarter Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 3,401,206 3,312,484 3,295,360 3,172,973 3,085,108 3,046,658 3,114,556 6.03%
PBT 276,460 330,280 306,164 245,781 256,385 207,684 194,804 26.25%
Tax -75,524 -89,092 -81,084 -59,620 -62,261 -36,250 -24,144 113.73%
NP 200,936 241,188 225,080 186,161 194,124 171,434 170,660 11.49%
-
NP to SH 196,573 237,662 221,292 177,538 186,904 164,514 162,548 13.49%
-
Tax Rate 27.32% 26.97% 26.48% 24.26% 24.28% 17.45% 12.39% -
Total Cost 3,200,270 3,071,296 3,070,280 2,986,812 2,890,984 2,875,224 2,943,896 5.71%
-
Net Worth 1,091,377 1,124,331 1,067,884 1,058,402 1,020,759 1,081,710 1,077,068 0.88%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div - - - - 1,693 846 1,693 -
Div Payout % - - - - 0.91% 0.51% 1.04% -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 1,091,377 1,124,331 1,067,884 1,058,402 1,020,759 1,081,710 1,077,068 0.88%
NOSH 470,421 470,431 470,433 470,401 470,395 470,308 470,335 0.01%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 5.91% 7.28% 6.83% 5.87% 6.29% 5.63% 5.48% -
ROE 18.01% 21.14% 20.72% 16.77% 18.31% 15.21% 15.09% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 723.01 704.14 700.49 674.52 655.85 647.80 662.20 6.02%
EPS 41.79 50.52 47.04 37.74 39.73 34.98 34.56 13.48%
DPS 0.00 0.00 0.00 0.00 0.36 0.18 0.36 -
NAPS 2.32 2.39 2.27 2.25 2.17 2.30 2.29 0.87%
Adjusted Per Share Value based on latest NOSH - 470,420
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 723.21 704.34 700.70 674.68 656.00 647.82 662.26 6.03%
EPS 41.80 50.53 47.05 37.75 39.74 34.98 34.56 13.50%
DPS 0.00 0.00 0.00 0.00 0.36 0.18 0.36 -
NAPS 2.3206 2.3907 2.2707 2.2505 2.1705 2.3001 2.2902 0.88%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 2.90 2.91 2.83 2.71 2.06 1.95 1.98 -
P/RPS 0.40 0.41 0.40 0.40 0.31 0.30 0.30 21.12%
P/EPS 6.94 5.76 6.02 7.18 5.18 5.57 5.73 13.61%
EY 14.41 17.36 16.62 13.93 19.29 17.94 17.45 -11.97%
DY 0.00 0.00 0.00 0.00 0.17 0.09 0.18 -
P/NAPS 1.25 1.22 1.25 1.20 0.95 0.85 0.86 28.28%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 24/11/11 16/08/11 24/05/11 21/02/11 22/11/10 24/08/10 27/05/10 -
Price 3.14 2.67 2.96 2.79 2.09 2.04 1.95 -
P/RPS 0.43 0.38 0.42 0.41 0.32 0.31 0.29 29.99%
P/EPS 7.51 5.29 6.29 7.39 5.26 5.83 5.64 21.01%
EY 13.31 18.92 15.89 13.53 19.01 17.15 17.72 -17.35%
DY 0.00 0.00 0.00 0.00 0.17 0.09 0.18 -
P/NAPS 1.35 1.12 1.30 1.24 0.96 0.89 0.85 36.08%

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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