[TM] YoY Annualized Quarter Result on 30-Sep-2003 [#3]

Announcement Date
21-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 6.51%
YoY- 20.09%
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Annualized Quarter Result
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
Revenue 15,988,534 13,584,470 13,047,726 11,461,788 9,694,286 9,567,258 8,669,433 10.73%
PBT 3,015,641 2,620,932 2,972,088 1,732,204 1,711,472 2,737,153 1,399,532 13.64%
Tax -806,545 -437,578 -586,408 -544,665 -722,629 -648,777 -609,698 4.77%
NP 2,209,096 2,183,353 2,385,680 1,187,538 988,842 2,088,376 789,833 18.68%
-
NP to SH 1,970,749 2,102,016 2,385,680 1,187,538 988,842 2,088,376 789,833 16.45%
-
Tax Rate 26.75% 16.70% 19.73% 31.44% 42.22% 23.70% 43.56% -
Total Cost 13,779,438 11,401,117 10,662,046 10,274,249 8,705,444 7,478,882 7,879,600 9.75%
-
Net Worth 19,673,735 14,828,686 14,305,434 11,867,964 12,617,945 14,922,311 13,401,414 6.60%
Dividend
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
Div 723,120 451,076 443,434 - - - - -
Div Payout % 36.69% 21.46% 18.59% - - - - -
Equity
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
Net Worth 19,673,735 14,828,686 14,305,434 11,867,964 12,617,945 14,922,311 13,401,414 6.60%
NOSH 3,389,627 3,383,073 3,325,762 3,180,907 3,154,486 3,089,313 3,053,479 1.75%
Ratio Analysis
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
NP Margin 13.82% 16.07% 18.28% 10.36% 10.20% 21.83% 9.11% -
ROE 10.02% 14.18% 16.68% 10.01% 7.84% 13.99% 5.89% -
Per Share
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
RPS 471.69 401.54 392.32 360.33 307.32 309.69 283.92 8.82%
EPS 58.13 62.13 71.73 37.33 31.33 67.60 25.87 14.43%
DPS 21.33 13.33 13.33 0.00 0.00 0.00 0.00 -
NAPS 5.8041 4.3832 4.3014 3.731 4.00 4.8303 4.3889 4.76%
Adjusted Per Share Value based on latest NOSH - 3,203,778
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
RPS 416.62 353.97 339.99 298.66 252.61 249.30 225.90 10.73%
EPS 51.35 54.77 62.16 30.94 25.77 54.42 20.58 16.45%
DPS 18.84 11.75 11.55 0.00 0.00 0.00 0.00 -
NAPS 5.1264 3.8639 3.7276 3.0925 3.2879 3.8883 3.492 6.60%
Price Multiplier on Financial Quarter End Date
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
Date 29/09/06 30/09/05 30/09/04 30/09/03 30/09/02 28/09/01 29/09/00 -
Price 4.57 5.20 5.60 3.67 3.55 4.60 5.00 -
P/RPS 0.97 1.30 1.43 1.02 1.16 1.49 1.76 -9.44%
P/EPS 7.86 8.37 7.81 9.83 11.32 6.80 19.33 -13.92%
EY 12.72 11.95 12.81 10.17 8.83 14.70 5.17 16.18%
DY 4.67 2.56 2.38 0.00 0.00 0.00 0.00 -
P/NAPS 0.79 1.19 1.30 0.98 0.89 0.95 1.14 -5.92%
Price Multiplier on Announcement Date
30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 30/09/00 CAGR
Date 28/11/06 29/11/05 30/11/04 21/11/03 29/11/02 27/11/01 07/11/00 -
Price 4.60 4.80 6.00 4.18 3.60 4.60 6.25 -
P/RPS 0.98 1.20 1.53 1.16 1.17 1.49 2.20 -12.60%
P/EPS 7.91 7.73 8.36 11.20 11.48 6.80 24.16 -16.97%
EY 12.64 12.94 11.96 8.93 8.71 14.70 4.14 20.43%
DY 4.64 2.78 2.22 0.00 0.00 0.00 0.00 -
P/NAPS 0.79 1.10 1.39 1.12 0.90 0.95 1.42 -9.30%

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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