[MCEMENT] QoQ TTM Result on 31-Dec-2010 [#4]

Announcement Date
23-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- -11.68%
YoY- -28.36%
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TTM Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 2,512,897 2,455,461 2,379,239 2,324,888 2,332,187 2,382,415 2,422,115 2.48%
PBT 364,963 369,891 357,227 345,397 374,586 398,916 397,850 -5.58%
Tax -86,105 -72,953 -62,536 -54,301 -45,002 -42,520 -33,334 88.15%
NP 278,858 296,938 294,691 291,096 329,584 356,396 364,516 -16.34%
-
NP to SH 280,972 300,818 299,247 295,338 334,402 360,205 368,872 -16.58%
-
Tax Rate 23.59% 19.72% 17.51% 15.72% 12.01% 10.66% 8.38% -
Total Cost 2,234,039 2,158,523 2,084,548 2,033,792 2,002,603 2,026,019 2,057,599 5.63%
-
Net Worth 3,064,288 3,053,867 3,058,091 3,076,444 3,143,328 3,118,428 3,211,963 -3.08%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div 288,667 288,909 289,022 288,318 398,623 458,524 518,261 -32.27%
Div Payout % 102.74% 96.04% 96.58% 97.62% 119.20% 127.30% 140.50% -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 3,064,288 3,053,867 3,058,091 3,076,444 3,143,328 3,118,428 3,211,963 -3.08%
NOSH 848,833 848,296 851,836 847,505 851,850 849,707 843,035 0.45%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 11.10% 12.09% 12.39% 12.52% 14.13% 14.96% 15.05% -
ROE 9.17% 9.85% 9.79% 9.60% 10.64% 11.55% 11.48% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 296.04 289.46 279.31 274.32 273.78 280.38 287.31 2.01%
EPS 33.10 35.46 35.13 34.85 39.26 42.39 43.76 -16.96%
DPS 34.00 34.00 34.00 34.00 47.00 54.00 61.00 -32.24%
NAPS 3.61 3.60 3.59 3.63 3.69 3.67 3.81 -3.52%
Adjusted Per Share Value based on latest NOSH - 847,505
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 187.88 183.59 177.89 173.83 174.37 178.13 181.10 2.47%
EPS 21.01 22.49 22.37 22.08 25.00 26.93 27.58 -16.57%
DPS 21.58 21.60 21.61 21.56 29.80 34.28 38.75 -32.28%
NAPS 2.2911 2.2833 2.2865 2.3002 2.3502 2.3316 2.4015 -3.08%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 6.56 7.45 7.40 7.67 7.89 6.79 6.35 -
P/RPS 2.22 2.57 2.65 2.80 2.88 2.42 2.21 0.30%
P/EPS 19.82 21.01 21.06 22.01 20.10 16.02 14.51 23.08%
EY 5.05 4.76 4.75 4.54 4.98 6.24 6.89 -18.69%
DY 5.18 4.56 4.59 4.43 5.96 7.95 9.61 -33.74%
P/NAPS 1.82 2.07 2.06 2.11 2.14 1.85 1.67 5.89%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 22/11/11 24/08/11 24/05/11 23/02/11 29/11/10 25/08/10 26/05/10 -
Price 6.59 7.01 7.47 7.32 7.90 6.95 6.50 -
P/RPS 2.23 2.42 2.67 2.67 2.89 2.48 2.26 -0.88%
P/EPS 19.91 19.77 21.26 21.01 20.12 16.39 14.86 21.51%
EY 5.02 5.06 4.70 4.76 4.97 6.10 6.73 -17.73%
DY 5.16 4.85 4.55 4.64 5.95 7.77 9.38 -32.83%
P/NAPS 1.83 1.95 2.08 2.02 2.14 1.89 1.71 4.62%

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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