[APM] QoQ TTM Result on 30-Sep-2004 [#3]

Announcement Date
18-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- -0.6%
YoY- 1.03%
Quarter Report
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TTM Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 870,708 826,627 789,049 737,359 707,500 682,915 666,144 19.56%
PBT 85,749 81,698 76,831 70,076 69,098 65,817 64,480 20.95%
Tax -20,494 -19,099 -18,163 -17,325 -16,029 -15,846 -15,800 18.95%
NP 65,255 62,599 58,668 52,751 53,069 49,971 48,680 21.59%
-
NP to SH 65,259 62,401 58,668 52,751 53,069 49,971 48,680 21.60%
-
Tax Rate 23.90% 23.38% 23.64% 24.72% 23.20% 24.08% 24.50% -
Total Cost 805,453 764,028 730,381 684,608 654,431 632,944 617,464 19.40%
-
Net Worth 465,353 464,996 449,100 432,736 413,050 415,063 402,938 10.08%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div 24,169 24,171 24,171 22,162 22,162 22,149 22,149 5.99%
Div Payout % 37.04% 38.74% 41.20% 42.01% 41.76% 44.32% 45.50% -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 465,353 464,996 449,100 432,736 413,050 415,063 402,938 10.08%
NOSH 201,451 201,297 201,390 201,272 201,488 201,487 201,469 -0.00%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 7.49% 7.57% 7.44% 7.15% 7.50% 7.32% 7.31% -
ROE 14.02% 13.42% 13.06% 12.19% 12.85% 12.04% 12.08% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 432.22 410.65 391.80 366.35 351.14 338.94 330.64 19.57%
EPS 32.39 31.00 29.13 26.21 26.34 24.80 24.16 21.60%
DPS 12.00 12.00 12.00 11.00 11.00 11.00 11.00 5.97%
NAPS 2.31 2.31 2.23 2.15 2.05 2.06 2.00 10.09%
Adjusted Per Share Value based on latest NOSH - 201,272
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 431.90 410.03 391.39 365.75 350.94 338.75 330.43 19.56%
EPS 32.37 30.95 29.10 26.17 26.32 24.79 24.15 21.58%
DPS 11.99 11.99 11.99 10.99 10.99 10.99 10.99 5.98%
NAPS 2.3083 2.3065 2.2277 2.1465 2.0489 2.0588 1.9987 10.08%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 2.46 2.69 2.55 2.43 2.50 2.60 2.80 -
P/RPS 0.57 0.66 0.65 0.66 0.71 0.77 0.85 -23.40%
P/EPS 7.59 8.68 8.75 9.27 9.49 10.48 11.59 -24.60%
EY 13.17 11.52 11.42 10.79 10.54 9.54 8.63 32.58%
DY 4.88 4.46 4.71 4.53 4.40 4.23 3.93 15.54%
P/NAPS 1.06 1.16 1.14 1.13 1.22 1.26 1.40 -16.94%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 17/08/05 19/05/05 28/02/05 18/11/04 12/08/04 31/05/04 25/02/04 -
Price 2.53 2.42 2.50 2.40 2.50 2.54 2.73 -
P/RPS 0.59 0.59 0.64 0.66 0.71 0.75 0.83 -20.36%
P/EPS 7.81 7.81 8.58 9.16 9.49 10.24 11.30 -21.84%
EY 12.80 12.81 11.65 10.92 10.54 9.76 8.85 27.92%
DY 4.74 4.96 4.80 4.58 4.40 4.33 4.03 11.43%
P/NAPS 1.10 1.05 1.12 1.12 1.22 1.23 1.37 -13.62%

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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