[APM] QoQ TTM Result on 30-Jun-2005 [#2]

Announcement Date
17-Aug-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
30-Jun-2005 [#2]
Profit Trend
QoQ- 4.58%
YoY- 22.97%
Quarter Report
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TTM Result
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Revenue 969,885 950,867 914,895 870,708 826,627 789,049 737,359 20.06%
PBT 88,783 89,859 86,888 85,749 81,698 76,831 70,076 17.10%
Tax -17,415 -17,897 -21,075 -20,494 -19,099 -18,163 -17,325 0.34%
NP 71,368 71,962 65,813 65,255 62,599 58,668 52,751 22.34%
-
NP to SH 68,997 70,074 65,809 65,259 62,401 58,668 52,751 19.62%
-
Tax Rate 19.62% 19.92% 24.26% 23.90% 23.38% 23.64% 24.72% -
Total Cost 898,517 878,905 849,082 805,453 764,028 730,381 684,608 19.89%
-
Net Worth 402,873 503,363 481,225 465,353 464,996 449,100 432,736 -4.65%
Dividend
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Div 26,180 26,180 24,169 24,169 24,171 24,171 22,162 11.75%
Div Payout % 37.94% 37.36% 36.73% 37.04% 38.74% 41.20% 42.01% -
Equity
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Net Worth 402,873 503,363 481,225 465,353 464,996 449,100 432,736 -4.65%
NOSH 201,436 201,345 201,349 201,451 201,297 201,390 201,272 0.05%
Ratio Analysis
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
NP Margin 7.36% 7.57% 7.19% 7.49% 7.57% 7.44% 7.15% -
ROE 17.13% 13.92% 13.68% 14.02% 13.42% 13.06% 12.19% -
Per Share
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
RPS 481.48 472.26 454.38 432.22 410.65 391.80 366.35 20.00%
EPS 34.25 34.80 32.68 32.39 31.00 29.13 26.21 19.54%
DPS 13.00 13.00 12.00 12.00 12.00 12.00 11.00 11.79%
NAPS 2.00 2.50 2.39 2.31 2.31 2.23 2.15 -4.71%
Adjusted Per Share Value based on latest NOSH - 201,451
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
RPS 481.09 471.66 453.82 431.90 410.03 391.39 365.75 20.06%
EPS 34.22 34.76 32.64 32.37 30.95 29.10 26.17 19.59%
DPS 12.99 12.99 11.99 11.99 11.99 11.99 10.99 11.80%
NAPS 1.9984 2.4968 2.387 2.3083 2.3065 2.2277 2.1465 -4.65%
Price Multiplier on Financial Quarter End Date
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Date 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 -
Price 2.64 2.52 2.54 2.46 2.69 2.55 2.43 -
P/RPS 0.55 0.53 0.56 0.57 0.66 0.65 0.66 -11.45%
P/EPS 7.71 7.24 7.77 7.59 8.68 8.75 9.27 -11.56%
EY 12.97 13.81 12.87 13.17 11.52 11.42 10.79 13.06%
DY 4.92 5.16 4.72 4.88 4.46 4.71 4.53 5.66%
P/NAPS 1.32 1.01 1.06 1.06 1.16 1.14 1.13 10.92%
Price Multiplier on Announcement Date
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Date 25/05/06 23/02/06 16/11/05 17/08/05 19/05/05 28/02/05 18/11/04 -
Price 2.70 2.42 2.60 2.53 2.42 2.50 2.40 -
P/RPS 0.56 0.51 0.57 0.59 0.59 0.64 0.66 -10.38%
P/EPS 7.88 6.95 7.95 7.81 7.81 8.58 9.16 -9.55%
EY 12.69 14.38 12.57 12.80 12.81 11.65 10.92 10.54%
DY 4.81 5.37 4.62 4.74 4.96 4.80 4.58 3.32%
P/NAPS 1.35 0.97 1.09 1.10 1.05 1.12 1.12 13.27%

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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