[EMIVEST] YoY Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
24-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 18.23%
YoY- -47.18%
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Annualized Quarter Result
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Revenue 437,040 321,329 320,845 300,655 244,279 248,490 234,638 10.91%
PBT 14,137 14,220 15,022 6,697 12,975 12,576 11,855 2.97%
Tax -2,561 -3,901 -4,890 -2,064 -4,203 -3,620 -7,933 -17.16%
NP 11,576 10,319 10,132 4,633 8,772 8,956 3,922 19.75%
-
NP to SH 10,405 9,928 9,724 4,633 8,772 8,956 3,922 17.64%
-
Tax Rate 18.12% 27.43% 32.55% 30.82% 32.39% 28.78% 66.92% -
Total Cost 425,464 311,010 310,713 296,022 235,507 239,534 230,716 10.73%
-
Net Worth 99,628 92,437 86,417 86,381 35,392 65,607 24,990 25.90%
Dividend
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Div 4,801 4,801 4,800 1,799 2,699 4,000 - -
Div Payout % 46.15% 48.37% 49.37% 38.84% 30.77% 44.67% - -
Equity
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Net Worth 99,628 92,437 86,417 86,381 35,392 65,607 24,990 25.90%
NOSH 120,034 120,048 120,024 119,974 59,987 40,004 17,000 38.48%
Ratio Analysis
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
NP Margin 2.65% 3.21% 3.16% 1.54% 3.59% 3.60% 1.67% -
ROE 10.44% 10.74% 11.25% 5.36% 24.78% 13.65% 15.69% -
Per Share
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
RPS 364.09 267.67 267.32 250.60 407.22 621.16 1,380.19 -19.90%
EPS 8.67 8.27 8.10 3.86 7.31 14.93 23.07 -15.04%
DPS 4.00 4.00 4.00 1.50 4.50 10.00 0.00 -
NAPS 0.83 0.77 0.72 0.72 0.59 1.64 1.47 -9.08%
Adjusted Per Share Value based on latest NOSH - 120,068
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
RPS 364.10 267.70 267.30 250.48 203.51 207.02 195.48 10.91%
EPS 8.67 8.27 8.10 3.86 7.31 7.46 3.27 17.63%
DPS 4.00 4.00 4.00 1.50 2.25 3.33 0.00 -
NAPS 0.83 0.7701 0.72 0.7197 0.2949 0.5466 0.2082 25.90%
Price Multiplier on Financial Quarter End Date
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Date 31/12/07 29/12/06 30/12/05 31/12/04 31/12/03 31/12/02 - -
Price 0.58 0.62 0.54 0.51 1.29 1.32 0.00 -
P/RPS 0.16 0.23 0.20 0.20 0.32 0.21 0.00 -
P/EPS 6.69 7.50 6.67 13.21 8.82 5.90 0.00 -
EY 14.95 13.34 15.00 7.57 11.34 16.96 0.00 -
DY 6.90 6.45 7.41 2.94 3.49 7.58 0.00 -
P/NAPS 0.70 0.81 0.75 0.71 2.19 0.80 0.00 -
Price Multiplier on Announcement Date
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Date 28/02/08 26/02/07 27/02/06 24/02/05 27/02/04 09/04/03 28/02/02 -
Price 0.52 0.66 0.77 0.49 1.31 1.25 0.00 -
P/RPS 0.14 0.25 0.29 0.20 0.32 0.20 0.00 -
P/EPS 6.00 7.98 9.50 12.69 8.96 5.58 0.00 -
EY 16.67 12.53 10.52 7.88 11.16 17.91 0.00 -
DY 7.69 6.06 5.19 3.06 3.44 8.00 0.00 -
P/NAPS 0.63 0.86 1.07 0.68 2.22 0.76 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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