[SPRITZER] QoQ Annualized Quarter Result on 31-Aug-2004 [#1]

Announcement Date
05-Oct-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-May-2005
Quarter
31-Aug-2004 [#1]
Profit Trend
QoQ- -21.18%
YoY- -48.79%
Quarter Report
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Annualized Quarter Result
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Revenue 65,903 64,242 60,558 64,584 65,745 63,504 61,408 4.81%
PBT 3,547 2,973 3,334 4,288 5,142 5,085 5,668 -26.81%
Tax -735 -892 -994 -1,244 -1,280 -1,084 -1,336 -32.83%
NP 2,812 2,081 2,340 3,044 3,862 4,001 4,332 -25.01%
-
NP to SH 2,812 2,081 2,340 3,044 3,862 4,001 4,332 -25.01%
-
Tax Rate 20.72% 30.00% 29.81% 29.01% 24.89% 21.32% 23.57% -
Total Cost 63,091 62,161 58,218 61,540 61,883 59,502 57,076 6.90%
-
Net Worth 109,863 101,567 102,685 102,572 101,632 104,216 104,541 3.36%
Dividend
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Div 1,469 1,957 - - 1,470 1,634 - -
Div Payout % 52.26% 94.04% - - 38.07% 40.85% - -
Equity
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Net Worth 109,863 101,567 102,685 102,572 101,632 104,216 104,541 3.36%
NOSH 48,989 48,934 48,953 49,096 49,010 49,035 49,004 -0.02%
Ratio Analysis
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
NP Margin 4.27% 3.24% 3.86% 4.71% 5.87% 6.30% 7.05% -
ROE 2.56% 2.05% 2.28% 2.97% 3.80% 3.84% 4.14% -
Per Share
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
RPS 134.52 131.28 123.70 131.54 134.15 129.51 125.31 4.83%
EPS 5.74 4.25 4.78 6.20 7.88 8.16 8.84 -24.99%
DPS 3.00 4.00 0.00 0.00 3.00 3.33 0.00 -
NAPS 2.2426 2.0756 2.0976 2.0892 2.0737 2.1253 2.1333 3.38%
Adjusted Per Share Value based on latest NOSH - 49,096
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
RPS 20.67 20.15 19.00 20.26 20.62 19.92 19.26 4.81%
EPS 0.88 0.65 0.73 0.95 1.21 1.26 1.36 -25.16%
DPS 0.46 0.61 0.00 0.00 0.46 0.51 0.00 -
NAPS 0.3446 0.3186 0.3221 0.3217 0.3188 0.3269 0.3279 3.36%
Price Multiplier on Financial Quarter End Date
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Date 31/05/05 28/02/05 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 -
Price 0.49 0.51 0.58 0.61 0.61 0.69 0.59 -
P/RPS 0.36 0.39 0.47 0.46 0.45 0.53 0.47 -16.27%
P/EPS 8.54 11.99 12.13 9.84 7.74 8.46 6.67 17.89%
EY 11.71 8.34 8.24 10.16 12.92 11.83 14.98 -15.12%
DY 6.12 7.84 0.00 0.00 4.92 4.83 0.00 -
P/NAPS 0.22 0.25 0.28 0.29 0.29 0.32 0.28 -14.83%
Price Multiplier on Announcement Date
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Date 28/07/05 28/04/05 27/01/05 05/10/04 29/07/04 29/04/04 29/01/04 -
Price 0.52 0.48 0.58 0.60 0.64 0.66 0.63 -
P/RPS 0.39 0.37 0.47 0.46 0.48 0.51 0.50 -15.25%
P/EPS 9.06 11.29 12.13 9.68 8.12 8.09 7.13 17.29%
EY 11.04 8.86 8.24 10.33 12.31 12.36 14.03 -14.75%
DY 5.77 8.33 0.00 0.00 4.69 5.05 0.00 -
P/NAPS 0.23 0.23 0.28 0.29 0.31 0.31 0.30 -16.21%

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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