[ULICORP] QoQ Annualized Quarter Result on 30-Jun-2004 [#2]

Announcement Date
17-Aug-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Jun-2004 [#2]
Profit Trend
QoQ- 32.25%
YoY- 36.51%
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Annualized Quarter Result
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Revenue 73,692 73,016 67,260 60,002 50,384 59,278 59,448 15.38%
PBT 15,952 18,909 17,365 15,704 11,624 13,799 13,237 13.23%
Tax -4,328 -5,201 -4,932 -4,346 -3,036 -3,748 -4,106 3.56%
NP 11,624 13,708 12,433 11,358 8,588 10,051 9,130 17.45%
-
NP to SH 11,624 13,708 12,433 11,358 8,588 10,051 9,130 17.45%
-
Tax Rate 27.13% 27.51% 28.40% 27.67% 26.12% 27.16% 31.02% -
Total Cost 62,068 59,308 54,826 48,644 41,796 49,227 50,317 15.00%
-
Net Worth 91,142 86,297 83,612 80,940 63,570 19,199 57,999 35.12%
Dividend
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Div - - - - - 1,999 - -
Div Payout % - - - - - 19.90% - -
Equity
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Net Worth 91,142 86,297 83,612 80,940 63,570 19,199 57,999 35.12%
NOSH 132,090 130,753 44,006 43,989 39,981 39,999 39,999 121.59%
Ratio Analysis
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
NP Margin 15.77% 18.77% 18.49% 18.93% 17.05% 16.96% 15.36% -
ROE 12.75% 15.88% 14.87% 14.03% 13.51% 52.35% 15.74% -
Per Share
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 55.79 55.84 152.84 136.40 126.02 148.20 148.62 -47.93%
EPS 8.80 10.48 28.25 25.82 21.48 7.85 22.83 -47.00%
DPS 0.00 0.00 0.00 0.00 0.00 5.00 0.00 -
NAPS 0.69 0.66 1.90 1.84 1.59 0.48 1.45 -39.02%
Adjusted Per Share Value based on latest NOSH - 43,985
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 33.83 33.52 30.88 27.55 23.13 27.22 27.29 15.38%
EPS 5.34 6.29 5.71 5.21 3.94 4.61 4.19 17.53%
DPS 0.00 0.00 0.00 0.00 0.00 0.92 0.00 -
NAPS 0.4185 0.3962 0.3839 0.3716 0.2919 0.0882 0.2663 35.13%
Price Multiplier on Financial Quarter End Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 -
Price 1.03 1.16 1.77 1.78 1.88 1.88 1.56 -
P/RPS 1.85 2.08 1.16 1.30 1.49 1.27 1.05 45.82%
P/EPS 11.70 11.06 6.26 6.89 8.75 7.48 6.83 43.12%
EY 8.54 9.04 15.96 14.51 11.43 13.37 14.63 -30.13%
DY 0.00 0.00 0.00 0.00 0.00 2.66 0.00 -
P/NAPS 1.49 1.76 0.93 0.97 1.18 3.92 1.08 23.90%
Price Multiplier on Announcement Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 25/05/05 23/02/05 26/11/04 17/08/04 20/05/04 20/02/04 07/11/03 -
Price 1.00 1.16 3.80 1.77 1.77 1.87 1.95 -
P/RPS 1.79 2.08 2.49 1.30 1.40 1.26 1.31 23.11%
P/EPS 11.36 11.06 13.45 6.86 8.24 7.44 8.54 20.93%
EY 8.80 9.04 7.44 14.59 12.14 13.44 11.71 -17.32%
DY 0.00 0.00 0.00 0.00 0.00 2.67 0.00 -
P/NAPS 1.45 1.76 2.00 0.96 1.11 3.90 1.34 5.39%

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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