[HARISON] YoY Cumulative 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- 8.6%
YoY- -3.82%
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Cumulative Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 845,204 819,657 801,853 709,663 656,036 633,492 575,963 6.59%
PBT 19,365 17,699 17,278 12,973 12,719 11,143 12,752 7.20%
Tax -6,189 -5,670 -6,884 -4,680 -4,097 -4,720 -4,463 5.59%
NP 13,176 12,029 10,394 8,293 8,622 6,423 8,289 8.02%
-
NP to SH 13,176 12,029 10,394 8,293 8,622 6,423 8,289 8.02%
-
Tax Rate 31.96% 32.04% 39.84% 36.07% 32.21% 42.36% 35.00% -
Total Cost 832,028 807,628 791,459 701,370 647,414 627,069 567,674 6.57%
-
Net Worth 172,716 161,917 152,471 146,400 141,016 133,473 126,703 5.29%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 4,242 3,625 3,601 3,000 3,000 - - -
Div Payout % 32.20% 30.14% 34.65% 36.18% 34.80% - - -
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 172,716 161,917 152,471 146,400 141,016 133,473 126,703 5.29%
NOSH 60,602 60,416 60,028 60,000 60,006 59,971 59,207 0.38%
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 1.56% 1.47% 1.30% 1.17% 1.31% 1.01% 1.44% -
ROE 7.63% 7.43% 6.82% 5.66% 6.11% 4.81% 6.54% -
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 1,394.68 1,356.67 1,335.79 1,182.77 1,093.27 1,056.31 972.79 6.18%
EPS 21.74 19.91 17.32 13.82 14.37 10.71 14.00 7.60%
DPS 7.00 6.00 6.00 5.00 5.00 0.00 0.00 -
NAPS 2.85 2.68 2.54 2.44 2.35 2.2256 2.14 4.88%
Adjusted Per Share Value based on latest NOSH - 60,112
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 1,234.07 1,196.77 1,170.78 1,036.17 957.87 924.95 840.96 6.59%
EPS 19.24 17.56 15.18 12.11 12.59 9.38 12.10 8.03%
DPS 6.19 5.29 5.26 4.38 4.38 0.00 0.00 -
NAPS 2.5218 2.3641 2.2262 2.1376 2.059 1.9488 1.85 5.29%
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 31/12/01 26/12/00 -
Price 1.12 1.17 1.39 1.10 1.00 1.17 1.61 -
P/RPS 0.08 0.09 0.10 0.09 0.09 0.11 0.17 -11.80%
P/EPS 5.15 5.88 8.03 7.96 6.96 10.92 11.50 -12.52%
EY 19.41 17.02 12.46 12.57 14.37 9.15 8.70 14.30%
DY 6.25 5.13 4.32 4.55 5.00 0.00 0.00 -
P/NAPS 0.39 0.44 0.55 0.45 0.43 0.53 0.75 -10.32%
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 28/02/07 28/02/06 02/03/05 27/02/04 28/02/03 27/02/02 03/04/01 -
Price 1.16 1.14 1.31 1.17 0.99 1.21 1.21 -
P/RPS 0.08 0.08 0.10 0.10 0.09 0.11 0.12 -6.53%
P/EPS 5.34 5.73 7.57 8.46 6.89 11.30 8.64 -7.70%
EY 18.74 17.46 13.22 11.81 14.51 8.85 11.57 8.36%
DY 6.03 5.26 4.58 4.27 5.05 0.00 0.00 -
P/NAPS 0.41 0.43 0.52 0.48 0.42 0.54 0.57 -5.34%

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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