[XL] QoQ Annualized Quarter Result on 31-Jul-2004 [#2]

Announcement Date
29-Sep-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jan-2005
Quarter
31-Jul-2004 [#2]
Profit Trend
QoQ- 7.18%
YoY- 27.3%
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Annualized Quarter Result
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Revenue 51,848 49,167 48,030 48,078 44,552 47,342 47,136 6.56%
PBT 27,216 24,376 27,362 26,564 22,892 22,268 22,881 12.27%
Tax -8,184 -7,049 -7,973 -6,942 -4,584 -5,654 -6,912 11.93%
NP 19,032 17,327 19,389 19,622 18,308 16,614 15,969 12.42%
-
NP to SH 19,032 17,327 19,389 19,622 18,308 16,614 15,969 12.42%
-
Tax Rate 30.07% 28.92% 29.14% 26.13% 20.02% 25.39% 30.21% -
Total Cost 32,816 31,840 28,641 28,456 26,244 30,728 31,166 3.50%
-
Net Worth 131,480 126,252 123,421 119,009 116,057 92,400 82,813 36.13%
Dividend
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Div - 3,265 - - - 1,811 - -
Div Payout % - 18.84% - - - 10.91% - -
Equity
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Net Worth 131,480 126,252 123,421 119,009 116,057 92,400 82,813 36.13%
NOSH 72,641 72,558 72,601 72,566 72,535 60,392 56,335 18.48%
Ratio Analysis
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
NP Margin 36.71% 35.24% 40.37% 40.81% 41.09% 35.09% 33.88% -
ROE 14.48% 13.72% 15.71% 16.49% 15.78% 17.98% 19.28% -
Per Share
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
RPS 71.38 67.76 66.16 66.25 61.42 78.39 83.67 -10.05%
EPS 26.20 23.88 26.71 27.04 25.24 27.51 28.35 -5.12%
DPS 0.00 4.50 0.00 0.00 0.00 3.00 0.00 -
NAPS 1.81 1.74 1.70 1.64 1.60 1.53 1.47 14.89%
Adjusted Per Share Value based on latest NOSH - 72,593
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
RPS 16.86 15.99 15.62 15.63 14.49 15.39 15.33 6.55%
EPS 6.19 5.63 6.30 6.38 5.95 5.40 5.19 12.47%
DPS 0.00 1.06 0.00 0.00 0.00 0.59 0.00 -
NAPS 0.4275 0.4105 0.4013 0.3869 0.3773 0.3004 0.2693 36.12%
Price Multiplier on Financial Quarter End Date
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Date 29/04/05 31/01/05 29/10/04 30/07/04 30/04/04 30/01/04 31/10/03 -
Price 2.40 2.50 2.52 2.53 2.58 2.41 2.08 -
P/RPS 3.36 3.69 3.81 3.82 4.20 3.07 2.49 22.13%
P/EPS 9.16 10.47 9.44 9.36 10.22 8.76 7.34 15.92%
EY 10.92 9.55 10.60 10.69 9.78 11.41 13.63 -13.74%
DY 0.00 1.80 0.00 0.00 0.00 1.24 0.00 -
P/NAPS 1.33 1.44 1.48 1.54 1.61 1.58 1.41 -3.82%
Price Multiplier on Announcement Date
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Date 24/06/05 30/03/05 30/12/04 29/09/04 22/06/04 30/03/04 26/12/03 -
Price 2.29 2.45 2.50 2.55 2.50 2.63 2.20 -
P/RPS 3.21 3.62 3.78 3.85 4.07 3.36 2.63 14.22%
P/EPS 8.74 10.26 9.36 9.43 9.90 9.56 7.76 8.25%
EY 11.44 9.75 10.68 10.60 10.10 10.46 12.88 -7.60%
DY 0.00 1.84 0.00 0.00 0.00 1.14 0.00 -
P/NAPS 1.27 1.41 1.47 1.55 1.56 1.72 1.50 -10.51%

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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