[MAA] QoQ TTM Result on 30-Sep-2004 [#3]

Announcement Date
30-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
30-Sep-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- -5.56%
YoY- 130.37%
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TTM Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 2,476,198 2,417,874 2,247,556 2,038,278 1,994,673 1,957,891 1,901,261 19.27%
PBT 51,307 38,919 63,397 55,658 55,505 91,070 72,878 -20.87%
Tax -19,591 -15,929 -20,994 9,750 13,753 7,477 9,805 -
NP 31,716 22,990 42,403 65,408 69,258 98,547 82,683 -47.23%
-
NP to SH 31,787 23,135 42,403 65,408 69,258 98,547 82,683 -47.15%
-
Tax Rate 38.18% 40.93% 33.12% -17.52% -24.78% -8.21% -13.45% -
Total Cost 2,444,482 2,394,884 2,205,153 1,972,870 1,925,415 1,859,344 1,818,578 21.81%
-
Net Worth 330,076 336,399 366,748 317,511 325,547 360,871 360,639 -5.73%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div 22,826 22,826 22,826 7,608 7,608 7,608 7,608 108.15%
Div Payout % 71.81% 98.67% 53.83% 11.63% 10.99% 7.72% 9.20% -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 330,076 336,399 366,748 317,511 325,547 360,871 360,639 -5.73%
NOSH 152,109 152,216 152,177 152,649 152,124 152,266 152,168 -0.02%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 1.28% 0.95% 1.89% 3.21% 3.47% 5.03% 4.35% -
ROE 9.63% 6.88% 11.56% 20.60% 21.27% 27.31% 22.93% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 1,627.91 1,588.44 1,476.93 1,335.27 1,311.21 1,285.83 1,249.44 19.31%
EPS 20.90 15.20 27.86 42.85 45.53 64.72 54.34 -47.14%
DPS 15.00 15.00 15.00 5.00 5.00 5.00 5.00 108.14%
NAPS 2.17 2.21 2.41 2.08 2.14 2.37 2.37 -5.71%
Adjusted Per Share Value based on latest NOSH - 152,649
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 938.91 916.79 852.21 772.86 756.33 742.38 720.91 19.27%
EPS 12.05 8.77 16.08 24.80 26.26 37.37 31.35 -47.16%
DPS 8.66 8.66 8.66 2.88 2.88 2.88 2.88 108.46%
NAPS 1.2516 1.2755 1.3906 1.2039 1.2344 1.3683 1.3674 -5.73%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 4.80 4.90 4.96 5.15 5.30 5.80 5.55 -
P/RPS 0.29 0.31 0.34 0.39 0.40 0.45 0.44 -24.28%
P/EPS 22.97 32.24 17.80 12.02 11.64 8.96 10.21 71.77%
EY 4.35 3.10 5.62 8.32 8.59 11.16 9.79 -41.79%
DY 3.13 3.06 3.02 0.97 0.94 0.86 0.90 129.71%
P/NAPS 2.21 2.22 2.06 2.48 2.48 2.45 2.34 -3.74%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/08/05 31/05/05 25/02/05 30/11/04 17/08/04 28/05/04 26/02/04 -
Price 4.60 4.70 5.05 5.40 4.82 5.45 6.45 -
P/RPS 0.28 0.30 0.34 0.40 0.37 0.42 0.52 -33.83%
P/EPS 22.01 30.92 18.12 12.60 10.59 8.42 11.87 50.98%
EY 4.54 3.23 5.52 7.93 9.45 11.88 8.42 -33.77%
DY 3.26 3.19 2.97 0.93 1.04 0.92 0.78 159.69%
P/NAPS 2.12 2.13 2.10 2.60 2.25 2.30 2.72 -15.32%

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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