[PANAMY] QoQ TTM Result on 30-Jun-2003 [#1]

Announcement Date
29-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2004
Quarter
30-Jun-2003 [#1]
Profit Trend
QoQ- -4.05%
YoY- 69.85%
Quarter Report
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TTM Result
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Revenue 768,148 789,770 787,420 790,388 809,893 795,036 789,390 -1.80%
PBT 63,109 57,481 60,893 69,758 73,477 41,024 36,895 42.97%
Tax -9,500 -212 -3,324 -8,178 -9,301 3,632 4,789 -
NP 53,609 57,269 57,569 61,580 64,176 44,656 41,684 18.24%
-
NP to SH 53,609 57,269 57,569 61,580 64,176 44,656 41,684 18.24%
-
Tax Rate 15.05% 0.37% 5.46% 11.72% 12.66% -8.85% -12.98% -
Total Cost 714,539 732,501 729,851 728,808 745,717 750,380 747,706 -2.97%
-
Net Worth 622,634 614,767 602,107 604,264 587,927 563,839 552,281 8.31%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div 18,223 33,406 30,370 33,926 33,926 22,153 16,077 8.70%
Div Payout % 33.99% 58.33% 52.75% 55.09% 52.86% 49.61% 38.57% -
Equity
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Net Worth 622,634 614,767 602,107 604,264 587,927 563,839 552,281 8.31%
NOSH 60,744 60,747 60,757 60,730 60,736 60,758 35,562 42.84%
Ratio Analysis
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
NP Margin 6.98% 7.25% 7.31% 7.79% 7.92% 5.62% 5.28% -
ROE 8.61% 9.32% 9.56% 10.19% 10.92% 7.92% 7.55% -
Per Share
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 1,264.55 1,300.08 1,296.00 1,301.48 1,333.46 1,308.52 2,219.74 -31.25%
EPS 88.25 94.27 94.75 101.40 105.66 73.50 117.21 -17.22%
DPS 30.00 55.00 50.00 55.86 55.86 36.46 45.00 -23.66%
NAPS 10.25 10.12 9.91 9.95 9.68 9.28 15.53 -24.17%
Adjusted Per Share Value based on latest NOSH - 60,730
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 1,264.53 1,300.12 1,296.25 1,301.14 1,333.25 1,308.79 1,299.50 -1.80%
EPS 88.25 94.28 94.77 101.37 105.65 73.51 68.62 18.24%
DPS 30.00 54.99 50.00 55.85 55.85 36.47 26.47 8.69%
NAPS 10.2498 10.1203 9.9119 9.9474 9.6785 9.282 9.0917 8.31%
Price Multiplier on Financial Quarter End Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 -
Price 10.50 10.80 10.60 8.95 7.65 8.65 9.05 -
P/RPS 0.83 0.83 0.82 0.69 0.57 0.66 0.41 59.95%
P/EPS 11.90 11.46 11.19 8.83 7.24 11.77 7.72 33.40%
EY 8.41 8.73 8.94 11.33 13.81 8.50 12.95 -24.98%
DY 2.86 5.09 4.72 6.24 7.30 4.22 4.97 -30.79%
P/NAPS 1.02 1.07 1.07 0.90 0.79 0.93 0.58 45.64%
Price Multiplier on Announcement Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 26/05/04 19/02/04 13/11/03 29/08/03 27/05/03 21/02/03 29/11/02 -
Price 10.10 10.50 10.50 11.50 8.25 7.95 8.80 -
P/RPS 0.80 0.81 0.81 0.88 0.62 0.61 0.40 58.67%
P/EPS 11.44 11.14 11.08 11.34 7.81 10.82 7.51 32.35%
EY 8.74 8.98 9.02 8.82 12.81 9.24 13.32 -24.47%
DY 2.97 5.24 4.76 4.86 6.77 4.59 5.11 -30.33%
P/NAPS 0.99 1.04 1.06 1.16 0.85 0.86 0.57 44.44%

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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