[ULICORP] QoQ Annualized Quarter Result on 31-Mar-2010 [#1]

Announcement Date
26-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Mar-2010 [#1]
Profit Trend
QoQ- -19.99%
YoY- 51.04%
Quarter Report
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Annualized Quarter Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 138,058 129,377 132,578 117,636 139,995 137,336 134,930 1.53%
PBT 24,837 24,264 26,858 22,980 29,961 29,653 22,730 6.07%
Tax -6,665 -5,933 -6,400 -5,616 -8,259 -7,880 -5,756 10.23%
NP 18,172 18,330 20,458 17,364 21,702 21,773 16,974 4.63%
-
NP to SH 18,172 18,330 20,458 17,364 21,702 21,773 16,974 4.63%
-
Tax Rate 26.83% 24.45% 23.83% 24.44% 27.57% 26.57% 25.32% -
Total Cost 119,886 111,046 112,120 100,272 118,293 115,562 117,956 1.08%
-
Net Worth 157,899 150,884 147,429 143,477 139,518 135,471 127,634 15.19%
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div 1,979 - - - 3,300 2,640 3,959 -36.93%
Div Payout % 10.89% - - - 15.21% 12.13% 23.33% -
Equity
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Net Worth 157,899 150,884 147,429 143,477 139,518 135,471 127,634 15.19%
NOSH 131,968 131,938 131,987 131,945 132,007 132,012 131,990 -0.01%
Ratio Analysis
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
NP Margin 13.16% 14.17% 15.43% 14.76% 15.50% 15.85% 12.58% -
ROE 11.51% 12.15% 13.88% 12.10% 15.55% 16.07% 13.30% -
Per Share
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 104.61 98.06 100.45 89.16 106.05 104.03 102.23 1.54%
EPS 13.77 13.89 15.50 13.16 16.44 16.49 12.86 4.65%
DPS 1.50 0.00 0.00 0.00 2.50 2.00 3.00 -36.92%
NAPS 1.1965 1.1436 1.117 1.0874 1.0569 1.0262 0.967 15.20%
Adjusted Per Share Value based on latest NOSH - 131,945
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 63.39 59.40 60.87 54.01 64.28 63.06 61.95 1.53%
EPS 8.34 8.42 9.39 7.97 9.96 10.00 7.79 4.64%
DPS 0.91 0.00 0.00 0.00 1.52 1.21 1.82 -36.92%
NAPS 0.725 0.6928 0.6769 0.6588 0.6406 0.622 0.586 15.20%
Price Multiplier on Financial Quarter End Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 -
Price 0.73 0.78 0.67 0.73 0.58 0.51 0.39 -
P/RPS 0.70 0.80 0.67 0.82 0.55 0.49 0.38 50.10%
P/EPS 5.30 5.61 4.32 5.55 3.53 3.09 3.03 45.02%
EY 18.86 17.81 23.13 18.03 28.34 32.34 32.97 -31.01%
DY 2.05 0.00 0.00 0.00 4.31 3.92 7.69 -58.47%
P/NAPS 0.61 0.68 0.60 0.67 0.55 0.50 0.40 32.38%
Price Multiplier on Announcement Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 24/02/11 25/11/10 26/08/10 26/05/10 25/02/10 20/11/09 17/08/09 -
Price 0.735 0.80 0.66 0.66 0.62 0.60 0.50 -
P/RPS 0.70 0.82 0.66 0.74 0.58 0.58 0.49 26.76%
P/EPS 5.34 5.76 4.26 5.02 3.77 3.64 3.89 23.44%
EY 18.73 17.37 23.48 19.94 26.52 27.49 25.72 -19.01%
DY 2.04 0.00 0.00 0.00 4.03 3.33 6.00 -51.19%
P/NAPS 0.61 0.70 0.59 0.61 0.59 0.58 0.52 11.19%

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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