[PACMAS] QoQ TTM Result on 31-Mar-2004 [#1]

Announcement Date
18-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 12.1%
YoY- 29.77%
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TTM Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 200,423 201,027 203,066 190,245 174,815 164,237 153,429 19.40%
PBT 56,320 50,523 53,928 56,216 49,374 49,877 42,933 19.73%
Tax -18,166 -15,974 -15,552 -16,309 -13,776 -12,028 -11,126 38.45%
NP 38,154 34,549 38,376 39,907 35,598 37,849 31,807 12.83%
-
NP to SH 38,154 34,549 38,376 39,907 35,598 37,849 31,807 12.83%
-
Tax Rate 32.25% 31.62% 28.84% 29.01% 27.90% 24.12% 25.91% -
Total Cost 162,269 166,478 164,690 150,338 139,217 126,388 121,622 21.08%
-
Net Worth 868,291 858,929 861,886 870,689 859,924 855,094 842,447 2.02%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 25,638 25,643 25,643 25,643 25,643 17,095 17,095 30.86%
Div Payout % 67.20% 74.22% 66.82% 64.26% 72.04% 45.17% 53.75% -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 868,291 858,929 861,886 870,689 859,924 855,094 842,447 2.02%
NOSH 170,923 171,101 171,009 171,058 170,959 171,018 170,881 0.01%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 19.04% 17.19% 18.90% 20.98% 20.36% 23.05% 20.73% -
ROE 4.39% 4.02% 4.45% 4.58% 4.14% 4.43% 3.78% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 117.26 117.49 118.75 111.22 102.26 96.03 89.79 19.37%
EPS 22.32 20.19 22.44 23.33 20.82 22.13 18.61 12.82%
DPS 15.00 15.00 15.00 15.00 15.00 10.00 10.00 30.87%
NAPS 5.08 5.02 5.04 5.09 5.03 5.00 4.93 2.00%
Adjusted Per Share Value based on latest NOSH - 171,058
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 117.21 117.57 118.76 111.26 102.24 96.05 89.73 19.39%
EPS 22.31 20.21 22.44 23.34 20.82 22.14 18.60 12.82%
DPS 14.99 15.00 15.00 15.00 15.00 10.00 10.00 30.81%
NAPS 5.078 5.0233 5.0406 5.0921 5.0291 5.0009 4.9269 2.02%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 7.00 5.95 5.70 6.35 5.55 4.98 4.70 -
P/RPS 5.97 5.06 4.80 5.71 5.43 5.19 5.23 9.17%
P/EPS 31.36 29.47 25.40 27.22 26.65 22.50 25.25 15.46%
EY 3.19 3.39 3.94 3.67 3.75 4.44 3.96 -13.36%
DY 2.14 2.52 2.63 2.36 2.70 2.01 2.13 0.31%
P/NAPS 1.38 1.19 1.13 1.25 1.10 1.00 0.95 28.11%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 24/02/05 03/11/04 19/08/04 18/05/04 24/02/04 29/10/03 27/08/03 -
Price 6.25 6.15 5.80 5.40 6.35 6.00 5.20 -
P/RPS 5.33 5.23 4.88 4.86 6.21 6.25 5.79 -5.34%
P/EPS 28.00 30.46 25.85 23.15 30.50 27.11 27.94 0.14%
EY 3.57 3.28 3.87 4.32 3.28 3.69 3.58 -0.18%
DY 2.40 2.44 2.59 2.78 2.36 1.67 1.92 15.96%
P/NAPS 1.23 1.23 1.15 1.06 1.26 1.20 1.05 11.07%

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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