[APM] QoQ TTM Result on 30-Jun-2003 [#2]

Announcement Date
13-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- -12.62%
YoY- -15.35%
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 682,915 666,144 683,335 683,178 696,038 696,038 672,852 0.99%
PBT 65,817 64,480 66,805 71,677 82,647 91,586 96,586 -22.54%
Tax -15,846 -15,800 -14,591 -14,803 -17,556 -19,999 -24,985 -26.16%
NP 49,971 48,680 52,214 56,874 65,091 71,587 71,601 -21.30%
-
NP to SH 49,971 48,680 52,214 56,874 65,091 71,587 71,601 -21.30%
-
Tax Rate 24.08% 24.50% 21.84% 20.65% 21.24% 21.84% 25.87% -
Total Cost 632,944 617,464 631,121 626,304 630,947 624,451 601,251 3.48%
-
Net Worth 415,063 402,938 400,913 384,328 378,706 368,916 354,678 11.03%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div 22,149 22,149 24,172 24,172 28,216 28,216 26,195 -10.57%
Div Payout % 44.32% 45.50% 46.30% 42.50% 43.35% 39.42% 36.58% -
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 415,063 402,938 400,913 384,328 378,706 368,916 354,678 11.03%
NOSH 201,487 201,469 201,464 201,219 201,439 201,593 201,521 -0.01%
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 7.32% 7.31% 7.64% 8.32% 9.35% 10.28% 10.64% -
ROE 12.04% 12.08% 13.02% 14.80% 17.19% 19.40% 20.19% -
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 338.94 330.64 339.18 339.52 345.53 345.27 333.89 1.00%
EPS 24.80 24.16 25.92 28.26 32.31 35.51 35.53 -21.29%
DPS 11.00 11.00 12.00 12.00 14.00 14.00 13.00 -10.53%
NAPS 2.06 2.00 1.99 1.91 1.88 1.83 1.76 11.05%
Adjusted Per Share Value based on latest NOSH - 201,219
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 338.75 330.43 338.96 338.88 345.26 345.26 333.76 0.99%
EPS 24.79 24.15 25.90 28.21 32.29 35.51 35.52 -21.30%
DPS 10.99 10.99 11.99 11.99 14.00 14.00 12.99 -10.53%
NAPS 2.0588 1.9987 1.9887 1.9064 1.8785 1.8299 1.7593 11.03%
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 2.60 2.80 2.73 2.83 2.50 3.04 2.85 -
P/RPS 0.77 0.85 0.80 0.83 0.72 0.88 0.85 -6.37%
P/EPS 10.48 11.59 10.53 10.01 7.74 8.56 8.02 19.50%
EY 9.54 8.63 9.49 9.99 12.93 11.68 12.47 -16.33%
DY 4.23 3.93 4.40 4.24 5.60 4.61 4.56 -4.88%
P/NAPS 1.26 1.40 1.37 1.48 1.33 1.66 1.62 -15.41%
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 31/05/04 25/02/04 14/11/03 13/08/03 21/05/03 26/02/03 12/11/02 -
Price 2.54 2.73 2.78 2.96 2.50 2.86 2.99 -
P/RPS 0.75 0.83 0.82 0.87 0.72 0.83 0.90 -11.43%
P/EPS 10.24 11.30 10.73 10.47 7.74 8.05 8.42 13.92%
EY 9.76 8.85 9.32 9.55 12.93 12.42 11.88 -12.27%
DY 4.33 4.03 4.32 4.05 5.60 4.90 4.35 -0.30%
P/NAPS 1.23 1.37 1.40 1.55 1.33 1.56 1.70 -19.38%

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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