[BAT] QoQ TTM Result on 31-Dec-2003 [#4]

Announcement Date
25-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 1.75%
YoY- 14.37%
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TTM Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 3,325,661 3,205,077 3,186,191 3,199,734 3,061,561 3,094,320 3,069,744 5.46%
PBT 1,112,166 1,079,110 1,064,688 1,046,625 1,032,086 984,321 950,387 11.01%
Tax -307,547 -296,544 -292,974 -288,471 -286,973 -275,872 -266,008 10.12%
NP 804,619 782,566 771,714 758,154 745,113 708,449 684,379 11.36%
-
NP to SH 804,619 782,566 771,714 758,154 745,113 708,449 684,379 11.36%
-
Tax Rate 27.65% 27.48% 27.52% 27.56% 27.81% 28.03% 27.99% -
Total Cost 2,521,042 2,422,511 2,414,477 2,441,580 2,316,448 2,385,871 2,385,365 3.74%
-
Net Worth 57,076 145,539 314,050 108,477 137,118 228,287 368,580 -71.06%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 704,880 905,415 884,855 884,855 850,117 649,582 617,010 9.25%
Div Payout % 87.60% 115.70% 114.66% 116.71% 114.09% 91.69% 90.16% -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 57,076 145,539 314,050 108,477 137,118 228,287 368,580 -71.06%
NOSH 285,384 285,371 285,500 285,468 285,662 285,359 285,721 -0.07%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 24.19% 24.42% 24.22% 23.69% 24.34% 22.90% 22.29% -
ROE 1,409.71% 537.70% 245.73% 698.90% 543.41% 310.33% 185.68% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 1,165.33 1,123.13 1,116.00 1,120.87 1,071.74 1,084.36 1,074.38 5.55%
EPS 281.94 274.23 270.30 265.58 260.84 248.27 239.53 11.44%
DPS 246.96 317.16 309.96 309.96 297.72 227.52 216.00 9.31%
NAPS 0.20 0.51 1.10 0.38 0.48 0.80 1.29 -71.04%
Adjusted Per Share Value based on latest NOSH - 285,468
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 1,164.73 1,122.50 1,115.89 1,120.63 1,072.24 1,083.71 1,075.10 5.46%
EPS 281.80 274.07 270.27 265.53 260.96 248.12 239.69 11.36%
DPS 246.87 317.10 309.90 309.90 297.73 227.50 216.09 9.25%
NAPS 0.1999 0.5097 1.0999 0.3799 0.4802 0.7995 1.2909 -71.06%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 46.25 50.50 48.50 43.50 39.50 39.00 38.75 -
P/RPS 3.97 4.50 4.35 3.88 3.69 3.60 3.61 6.52%
P/EPS 16.40 18.42 17.94 16.38 15.14 15.71 16.18 0.90%
EY 6.10 5.43 5.57 6.11 6.60 6.37 6.18 -0.86%
DY 5.34 6.28 6.39 7.13 7.54 5.83 5.57 -2.76%
P/NAPS 231.25 99.02 44.09 114.47 82.29 48.75 30.04 288.42%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 26/10/04 02/08/04 27/04/04 25/02/04 27/10/03 28/07/03 21/04/03 -
Price 45.50 50.25 48.00 44.00 39.75 39.25 39.00 -
P/RPS 3.90 4.47 4.30 3.93 3.71 3.62 3.63 4.88%
P/EPS 16.14 18.32 17.76 16.57 15.24 15.81 16.28 -0.57%
EY 6.20 5.46 5.63 6.04 6.56 6.33 6.14 0.64%
DY 5.43 6.31 6.46 7.04 7.49 5.80 5.54 -1.32%
P/NAPS 227.50 98.53 43.64 115.79 82.81 49.06 30.23 282.61%

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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