[MANULFE] QoQ TTM Result on 31-Mar-2006 [#1]

Announcement Date
31-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- 2.07%
YoY- -1.58%
Quarter Report
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TTM Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 583,058 509,778 496,780 487,131 474,092 452,601 441,719 20.27%
PBT 71,133 60,943 62,053 57,709 56,437 60,775 58,667 13.66%
Tax -20,395 -17,128 -17,753 -16,852 -16,408 -17,840 -17,211 11.94%
NP 50,738 43,815 44,300 40,857 40,029 42,935 41,456 14.37%
-
NP to SH 50,738 43,815 44,300 40,857 40,029 42,935 41,456 14.37%
-
Tax Rate 28.67% 28.10% 28.61% 29.20% 29.07% 29.35% 29.34% -
Total Cost 532,320 465,963 452,480 446,274 434,063 409,666 400,263 20.87%
-
Net Worth 370,442 352,388 341,690 347,482 339,156 325,143 315,073 11.36%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 370,442 352,388 341,690 347,482 339,156 325,143 315,073 11.36%
NOSH 202,427 202,522 202,183 202,024 201,878 201,952 201,970 0.15%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 8.70% 8.59% 8.92% 8.39% 8.44% 9.49% 9.39% -
ROE 13.70% 12.43% 12.96% 11.76% 11.80% 13.20% 13.16% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 288.03 251.71 245.71 241.12 234.84 224.11 218.70 20.09%
EPS 25.06 21.63 21.91 20.22 19.83 21.26 20.53 14.17%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.83 1.74 1.69 1.72 1.68 1.61 1.56 11.19%
Adjusted Per Share Value based on latest NOSH - 202,024
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 265.67 232.28 226.36 221.96 216.02 206.23 201.27 20.26%
EPS 23.12 19.96 20.19 18.62 18.24 19.56 18.89 14.37%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.6879 1.6057 1.5569 1.5833 1.5454 1.4815 1.4356 11.36%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 2.31 2.14 2.15 2.24 2.30 2.13 2.14 -
P/RPS 0.80 0.85 0.88 0.93 0.98 0.95 0.98 -12.62%
P/EPS 9.22 9.89 9.81 11.08 11.60 10.02 10.43 -7.87%
EY 10.85 10.11 10.19 9.03 8.62 9.98 9.59 8.55%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.26 1.23 1.27 1.30 1.37 1.32 1.37 -5.41%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 28/02/07 22/11/06 25/08/06 31/05/06 28/02/06 23/11/05 24/08/05 -
Price 2.50 2.20 2.19 2.39 2.26 2.10 2.15 -
P/RPS 0.87 0.87 0.89 0.99 0.96 0.94 0.98 -7.61%
P/EPS 9.97 10.17 10.00 11.82 11.40 9.88 10.47 -3.20%
EY 10.03 9.83 10.00 8.46 8.77 10.12 9.55 3.31%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.37 1.26 1.30 1.39 1.35 1.30 1.38 -0.48%

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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