[MFCB] QoQ TTM Result on 31-Mar-2005 [#1]

Announcement Date
26-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- 6.25%
YoY- -12.53%
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TTM Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 519,260 549,292 566,881 559,637 547,161 505,025 450,221 9.94%
PBT 81,163 72,125 64,106 61,551 61,779 64,011 64,116 16.97%
Tax -41,924 -37,234 -32,280 -31,486 -33,483 -33,346 -33,856 15.26%
NP 39,239 34,891 31,826 30,065 28,296 30,665 30,260 18.85%
-
NP to SH 39,239 34,891 31,826 30,065 28,296 30,665 30,260 18.85%
-
Tax Rate 51.65% 51.62% 50.35% 51.15% 54.20% 52.09% 52.80% -
Total Cost 480,021 514,401 535,055 529,572 518,865 474,360 419,961 9.29%
-
Net Worth 372,736 287,752 276,074 271,489 263,900 252,413 245,789 31.89%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div - - - 3,545 3,545 3,545 3,545 -
Div Payout % - - - 11.79% 12.53% 11.56% 11.72% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 372,736 287,752 276,074 271,489 263,900 252,413 245,789 31.89%
NOSH 235,909 235,862 235,960 236,077 235,625 235,900 236,336 -0.12%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 7.56% 6.35% 5.61% 5.37% 5.17% 6.07% 6.72% -
ROE 10.53% 12.13% 11.53% 11.07% 10.72% 12.15% 12.31% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 220.11 232.89 240.24 237.06 232.22 214.08 190.50 10.08%
EPS 16.63 14.79 13.49 12.74 12.01 13.00 12.80 19.00%
DPS 0.00 0.00 0.00 1.50 1.50 1.50 1.50 -
NAPS 1.58 1.22 1.17 1.15 1.12 1.07 1.04 32.05%
Adjusted Per Share Value based on latest NOSH - 236,077
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 52.54 55.58 57.36 56.62 55.36 51.10 45.55 9.95%
EPS 3.97 3.53 3.22 3.04 2.86 3.10 3.06 18.89%
DPS 0.00 0.00 0.00 0.36 0.36 0.36 0.36 -
NAPS 0.3771 0.2911 0.2793 0.2747 0.267 0.2554 0.2487 31.88%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 0.80 0.83 0.82 0.85 0.95 0.94 1.02 -
P/RPS 0.36 0.36 0.34 0.36 0.41 0.44 0.54 -23.62%
P/EPS 4.81 5.61 6.08 6.67 7.91 7.23 7.97 -28.51%
EY 20.79 17.82 16.45 14.98 12.64 13.83 12.55 39.87%
DY 0.00 0.00 0.00 1.76 1.58 1.60 1.47 -
P/NAPS 0.51 0.68 0.70 0.74 0.85 0.88 0.98 -35.22%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 28/02/06 29/11/05 29/08/05 26/05/05 28/02/05 26/11/04 30/08/04 -
Price 0.95 0.80 0.83 0.81 0.88 0.92 0.94 -
P/RPS 0.43 0.34 0.35 0.34 0.38 0.43 0.49 -8.31%
P/EPS 5.71 5.41 6.15 6.36 7.33 7.08 7.34 -15.37%
EY 17.51 18.49 16.25 15.72 13.65 14.13 13.62 18.17%
DY 0.00 0.00 0.00 1.85 1.70 1.63 1.60 -
P/NAPS 0.60 0.66 0.71 0.70 0.79 0.86 0.90 -23.62%

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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