[NESTLE] QoQ Quarter Result on 31-Mar-2003 [#1]

Announcement Date
30-Apr-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 119.1%
YoY- 13.94%
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Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 653,441 672,552 675,688 655,308 511,052 617,275 719,665 -6.21%
PBT 42,863 44,029 43,494 71,731 33,525 66,907 69,947 -27.79%
Tax -5,171 -5,252 -11,994 -17,711 -8,870 -8,326 -18,007 -56.37%
NP 37,692 38,777 31,500 54,020 24,655 58,581 51,940 -19.19%
-
NP to SH 37,692 38,777 31,500 54,020 24,655 58,581 51,940 -19.19%
-
Tax Rate 12.06% 11.93% 27.58% 24.69% 26.46% 12.44% 25.74% -
Total Cost 615,749 633,775 644,188 601,288 486,397 558,694 667,725 -5.24%
-
Net Worth 304,913 269,610 316,641 403,274 361,262 377,563 375,187 -12.88%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 117,274 - 82,092 - 140,751 70,353 70,347 40.46%
Div Payout % 311.14% - 260.61% - 570.88% 120.10% 135.44% -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 304,913 269,610 316,641 403,274 361,262 377,563 375,187 -12.88%
NOSH 234,548 234,443 234,549 234,461 234,586 234,511 234,492 0.01%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 5.77% 5.77% 4.66% 8.24% 4.82% 9.49% 7.22% -
ROE 12.36% 14.38% 9.95% 13.40% 6.82% 15.52% 13.84% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 278.59 286.87 288.08 279.49 217.85 263.22 306.90 -6.23%
EPS 16.07 16.54 13.43 23.04 10.51 24.98 22.15 -19.21%
DPS 50.00 0.00 35.00 0.00 60.00 30.00 30.00 40.44%
NAPS 1.30 1.15 1.35 1.72 1.54 1.61 1.60 -12.89%
Adjusted Per Share Value based on latest NOSH - 234,461
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 278.65 286.80 288.14 279.45 217.93 263.23 306.89 -6.21%
EPS 16.07 16.54 13.43 23.04 10.51 24.98 22.15 -19.21%
DPS 50.01 0.00 35.01 0.00 60.02 30.00 30.00 40.46%
NAPS 1.3003 1.1497 1.3503 1.7197 1.5406 1.6101 1.5999 -12.87%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 21.80 21.00 20.50 20.20 20.00 20.20 20.50 -
P/RPS 7.82 7.32 7.12 7.23 9.18 7.67 6.68 11.04%
P/EPS 135.66 126.96 152.64 87.67 190.29 80.86 92.55 28.94%
EY 0.74 0.79 0.66 1.14 0.53 1.24 1.08 -22.22%
DY 2.29 0.00 1.71 0.00 3.00 1.49 1.46 34.88%
P/NAPS 16.77 18.26 15.19 11.74 12.99 12.55 12.81 19.61%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 26/02/04 02/01/04 06/08/03 30/04/03 27/02/03 06/11/02 21/08/02 -
Price 22.10 21.80 20.80 20.00 19.50 19.30 20.30 -
P/RPS 7.93 7.60 7.22 7.16 8.95 7.33 6.61 12.86%
P/EPS 137.52 131.80 154.88 86.81 185.54 77.26 91.65 30.96%
EY 0.73 0.76 0.65 1.15 0.54 1.29 1.09 -23.39%
DY 2.26 0.00 1.68 0.00 3.08 1.55 1.48 32.50%
P/NAPS 17.00 18.96 15.41 11.63 12.66 11.99 12.69 21.45%

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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