[VS] QoQ TTM Result on 31-Jul-2005 [#4]

Announcement Date
29-Sep-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2005
Quarter
31-Jul-2005 [#4]
Profit Trend
QoQ- -4.83%
YoY- 185.9%
Quarter Report
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TTM Result
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
Revenue 668,154 641,204 639,129 672,103 669,667 764,764 831,574 -13.60%
PBT 31,537 22,013 20,886 22,339 26,797 24,865 22,024 27.12%
Tax -3,786 -2,368 -2,420 -2,535 -5,987 -5,947 -4,681 -13.22%
NP 27,751 19,645 18,466 19,804 20,810 18,918 17,343 36.92%
-
NP to SH 28,782 20,091 18,696 19,804 20,810 18,918 17,343 40.30%
-
Tax Rate 12.00% 10.76% 11.59% 11.35% 22.34% 23.92% 21.25% -
Total Cost 640,403 621,559 620,663 652,299 648,857 745,846 814,231 -14.83%
-
Net Worth 264,023 257,258 256,694 244,600 237,500 236,500 233,406 8.58%
Dividend
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
Div 18,829 18,829 11,181 11,181 4,095 4,095 4,095 177.28%
Div Payout % 65.42% 93.72% 59.81% 56.46% 19.68% 21.65% 23.61% -
Equity
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
Net Worth 264,023 257,258 256,694 244,600 237,500 236,500 233,406 8.58%
NOSH 138,232 139,058 139,507 139,771 139,705 137,499 136,495 0.84%
Ratio Analysis
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
NP Margin 4.15% 3.06% 2.89% 2.95% 3.11% 2.47% 2.09% -
ROE 10.90% 7.81% 7.28% 8.10% 8.76% 8.00% 7.43% -
Per Share
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
RPS 483.36 461.10 458.13 480.86 479.34 556.19 609.23 -14.33%
EPS 20.82 14.45 13.40 14.17 14.90 13.76 12.71 39.08%
DPS 13.50 13.50 8.00 8.00 2.93 3.00 3.00 173.31%
NAPS 1.91 1.85 1.84 1.75 1.70 1.72 1.71 7.67%
Adjusted Per Share Value based on latest NOSH - 139,771
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
RPS 16.98 16.30 16.24 17.08 17.02 19.44 21.13 -13.59%
EPS 0.73 0.51 0.48 0.50 0.53 0.48 0.44 40.27%
DPS 0.48 0.48 0.28 0.28 0.10 0.10 0.10 185.37%
NAPS 0.0671 0.0654 0.0652 0.0622 0.0604 0.0601 0.0593 8.61%
Price Multiplier on Financial Quarter End Date
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
Date 28/04/06 31/01/06 31/10/05 29/07/05 29/04/05 31/01/05 29/10/04 -
Price 1.39 1.29 1.20 1.10 1.16 1.40 1.18 -
P/RPS 0.29 0.28 0.26 0.23 0.24 0.25 0.19 32.66%
P/EPS 6.68 8.93 8.95 7.76 7.79 10.18 9.29 -19.78%
EY 14.98 11.20 11.17 12.88 12.84 9.83 10.77 24.67%
DY 9.71 10.47 6.67 7.27 2.53 2.14 2.54 145.08%
P/NAPS 0.73 0.70 0.65 0.63 0.68 0.81 0.69 3.83%
Price Multiplier on Announcement Date
30/04/06 31/01/06 31/10/05 31/07/05 30/04/05 31/01/05 31/10/04 CAGR
Date 30/06/06 23/03/06 28/12/05 29/09/05 30/06/05 31/03/05 20/12/04 -
Price 1.50 1.37 1.32 1.18 1.18 1.25 1.40 -
P/RPS 0.31 0.30 0.29 0.25 0.25 0.22 0.23 22.08%
P/EPS 7.20 9.48 9.85 8.33 7.92 9.09 11.02 -24.76%
EY 13.88 10.55 10.15 12.01 12.62 11.01 9.08 32.80%
DY 9.00 9.85 6.06 6.78 2.48 2.40 2.14 161.23%
P/NAPS 0.79 0.74 0.72 0.67 0.69 0.73 0.82 -2.46%

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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