[EMIVEST] YoY Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
28-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- -2.68%
YoY- -2.05%
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Annualized Quarter Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 321,329 320,845 300,655 244,279 248,490 234,638 0 -
PBT 14,220 15,022 6,697 12,975 12,576 11,855 0 -
Tax -3,901 -4,890 -2,064 -4,203 -3,620 -7,933 0 -
NP 10,319 10,132 4,633 8,772 8,956 3,922 0 -
-
NP to SH 9,928 9,724 4,633 8,772 8,956 3,922 0 -
-
Tax Rate 27.43% 32.55% 30.82% 32.39% 28.78% 66.92% - -
Total Cost 311,010 310,713 296,022 235,507 239,534 230,716 0 -
-
Net Worth 92,437 86,417 86,381 35,392 65,607 24,990 0 -
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 4,801 4,800 1,799 2,699 4,000 - - -
Div Payout % 48.37% 49.37% 38.84% 30.77% 44.67% - - -
Equity
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Net Worth 92,437 86,417 86,381 35,392 65,607 24,990 0 -
NOSH 120,048 120,024 119,974 59,987 40,004 17,000 0 -
Ratio Analysis
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
NP Margin 3.21% 3.16% 1.54% 3.59% 3.60% 1.67% 0.00% -
ROE 10.74% 11.25% 5.36% 24.78% 13.65% 15.69% 0.00% -
Per Share
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 267.67 267.32 250.60 407.22 621.16 1,380.19 0.00 -
EPS 8.27 8.10 3.86 7.31 14.93 23.07 0.00 -
DPS 4.00 4.00 1.50 4.50 10.00 0.00 0.00 -
NAPS 0.77 0.72 0.72 0.59 1.64 1.47 0.00 -
Adjusted Per Share Value based on latest NOSH - 59,999
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 267.70 267.30 250.48 203.51 207.02 195.48 0.00 -
EPS 8.27 8.10 3.86 7.31 7.46 3.27 0.00 -
DPS 4.00 4.00 1.50 2.25 3.33 0.00 0.00 -
NAPS 0.7701 0.72 0.7197 0.2949 0.5466 0.2082 0.00 -
Price Multiplier on Financial Quarter End Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 29/12/06 30/12/05 31/12/04 31/12/03 31/12/02 - - -
Price 0.62 0.54 0.51 1.29 1.32 0.00 0.00 -
P/RPS 0.23 0.20 0.20 0.32 0.21 0.00 0.00 -
P/EPS 7.50 6.67 13.21 8.82 5.90 0.00 0.00 -
EY 13.34 15.00 7.57 11.34 16.96 0.00 0.00 -
DY 6.45 7.41 2.94 3.49 7.58 0.00 0.00 -
P/NAPS 0.81 0.75 0.71 2.19 0.80 0.00 0.00 -
Price Multiplier on Announcement Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 26/02/07 27/02/06 24/02/05 27/02/04 09/04/03 28/02/02 - -
Price 0.66 0.77 0.49 1.31 1.25 0.00 0.00 -
P/RPS 0.25 0.29 0.20 0.32 0.20 0.00 0.00 -
P/EPS 7.98 9.50 12.69 8.96 5.58 0.00 0.00 -
EY 12.53 10.52 7.88 11.16 17.91 0.00 0.00 -
DY 6.06 5.19 3.06 3.44 8.00 0.00 0.00 -
P/NAPS 0.86 1.07 0.68 2.22 0.76 0.00 0.00 -

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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