[BERNAS] QoQ TTM Result on 31-Mar-2011 [#1]

Announcement Date
24-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 8.27%
YoY- -5.46%
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TTM Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 3,530,732 3,410,047 3,305,886 3,218,174 3,172,973 3,115,409 3,172,706 7.36%
PBT 238,733 260,837 307,079 273,621 245,781 245,271 240,291 -0.43%
Tax -67,377 -69,567 -86,041 -73,855 -59,620 -64,661 -56,107 12.94%
NP 171,356 191,270 221,038 199,766 186,161 180,610 184,184 -4.68%
-
NP to SH 164,573 184,790 214,112 192,224 177,538 172,589 179,284 -5.53%
-
Tax Rate 28.22% 26.67% 28.02% 26.99% 24.26% 26.36% 23.35% -
Total Cost 3,359,376 3,218,777 3,084,848 3,018,408 2,986,812 2,934,799 2,988,522 8.08%
-
Net Worth 940,979 1,091,277 1,124,326 1,067,884 1,058,447 1,021,028 1,081,649 -8.84%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div - - - - - 76 172 -
Div Payout % - - - - - 0.04% 0.10% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 940,979 1,091,277 1,124,326 1,067,884 1,058,447 1,021,028 1,081,649 -8.84%
NOSH 470,489 470,378 470,429 470,433 470,420 470,519 470,282 0.02%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 4.85% 5.61% 6.69% 6.21% 5.87% 5.80% 5.81% -
ROE 17.49% 16.93% 19.04% 18.00% 16.77% 16.90% 16.58% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 750.44 724.96 702.74 684.09 674.50 662.12 674.64 7.33%
EPS 34.98 39.29 45.51 40.86 37.74 36.68 38.12 -5.55%
DPS 0.00 0.00 0.00 0.00 0.00 0.02 0.04 -
NAPS 2.00 2.32 2.39 2.27 2.25 2.17 2.30 -8.87%
Adjusted Per Share Value based on latest NOSH - 470,433
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 750.75 725.09 702.94 684.29 674.68 662.44 674.62 7.36%
EPS 34.99 39.29 45.53 40.87 37.75 36.70 38.12 -5.53%
DPS 0.00 0.00 0.00 0.00 0.00 0.02 0.04 -
NAPS 2.0008 2.3204 2.3907 2.2707 2.2506 2.171 2.2999 -8.84%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 3.12 2.90 2.91 2.83 2.71 2.06 1.95 -
P/RPS 0.42 0.40 0.41 0.41 0.40 0.31 0.29 27.92%
P/EPS 8.92 7.38 6.39 6.93 7.18 5.62 5.12 44.64%
EY 11.21 13.55 15.64 14.44 13.93 17.81 19.55 -30.91%
DY 0.00 0.00 0.00 0.00 0.00 0.01 0.02 -
P/NAPS 1.56 1.25 1.22 1.25 1.20 0.95 0.85 49.73%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 23/02/12 24/11/11 16/08/11 24/05/11 21/02/11 22/11/10 24/08/10 -
Price 3.14 3.14 2.67 2.96 2.79 2.09 2.04 -
P/RPS 0.42 0.43 0.38 0.43 0.41 0.32 0.30 25.06%
P/EPS 8.98 7.99 5.87 7.24 7.39 5.70 5.35 41.10%
EY 11.14 12.51 17.05 13.80 13.53 17.55 18.69 -29.10%
DY 0.00 0.00 0.00 0.00 0.00 0.01 0.02 -
P/NAPS 1.57 1.35 1.12 1.30 1.24 0.96 0.89 45.84%

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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