[ENG] QoQ Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
24-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 14.52%
YoY- 63.26%
Quarter Report
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Annualized Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 322,986 315,250 303,192 283,957 280,038 282,004 281,876 9.49%
PBT 41,850 39,164 37,916 37,465 33,985 34,296 36,324 9.89%
Tax -4,853 -4,980 -5,128 -8,596 -8,777 -9,126 -10,028 -38.33%
NP 36,997 34,184 32,788 28,869 25,208 25,170 26,296 25.53%
-
NP to SH 27,228 25,852 24,520 28,869 25,208 25,170 26,296 2.34%
-
Tax Rate 11.60% 12.72% 13.52% 22.94% 25.83% 26.61% 27.61% -
Total Cost 285,989 281,066 270,404 255,088 254,830 256,834 255,580 7.77%
-
Net Worth 136,920 117,342 139,263 130,995 124,096 122,516 115,669 11.88%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 7,868 11,734 - 10,846 3,331 5,000 - -
Div Payout % 28.90% 45.39% - 37.57% 13.22% 19.87% - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 136,920 117,342 139,263 130,995 124,096 122,516 115,669 11.88%
NOSH 118,034 117,342 118,019 83,436 83,286 83,344 83,215 26.21%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 11.45% 10.84% 10.81% 10.17% 9.00% 8.93% 9.33% -
ROE 19.89% 22.03% 17.61% 22.04% 20.31% 20.54% 22.73% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 273.64 268.66 256.90 340.33 336.24 338.36 338.73 -13.24%
EPS 23.07 22.00 20.80 34.60 30.27 30.20 31.60 -18.90%
DPS 6.67 10.00 0.00 13.00 4.00 6.00 0.00 -
NAPS 1.16 1.00 1.18 1.57 1.49 1.47 1.39 -11.35%
Adjusted Per Share Value based on latest NOSH - 83,722
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 285.47 278.63 267.97 250.97 247.51 249.25 249.13 9.49%
EPS 24.07 22.85 21.67 25.52 22.28 22.25 23.24 2.36%
DPS 6.95 10.37 0.00 9.59 2.94 4.42 0.00 -
NAPS 1.2102 1.0371 1.2309 1.1578 1.0968 1.0828 1.0223 11.89%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 2.15 2.55 2.73 3.56 3.20 3.72 4.68 -
P/RPS 0.79 0.95 1.06 1.05 0.95 1.10 1.38 -31.03%
P/EPS 9.32 11.57 13.14 10.29 10.57 12.32 14.81 -26.54%
EY 10.73 8.64 7.61 9.72 9.46 8.12 6.75 36.16%
DY 3.10 3.92 0.00 3.65 1.25 1.61 0.00 -
P/NAPS 1.85 2.55 2.31 2.27 2.15 2.53 3.37 -32.93%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 17/11/05 11/08/05 12/05/05 24/02/05 26/11/04 27/09/04 20/05/04 -
Price 2.09 2.05 2.67 3.54 3.20 3.14 4.00 -
P/RPS 0.76 0.76 1.04 1.04 0.95 0.93 1.18 -25.40%
P/EPS 9.06 9.30 12.85 10.23 10.57 10.40 12.66 -19.97%
EY 11.04 10.75 7.78 9.77 9.46 9.62 7.90 24.97%
DY 3.19 4.88 0.00 3.67 1.25 1.91 0.00 -
P/NAPS 1.80 2.05 2.26 2.25 2.15 2.14 2.88 -26.87%

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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