[F&N] YoY TTM Result on 31-Dec-2002 [#1]

Announcement Date
25-Feb-2003
Admission Sponsor
-
Sponsor
-
Financial Year
30-Sep-2003
Quarter
31-Dec-2002 [#1]
Profit Trend
QoQ- 6.0%
YoY- 25.25%
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TTM Result
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
Revenue 1,989,778 1,753,969 1,651,433 1,536,970 1,541,321 1,451,393 1,178,711 -0.55%
PBT 191,286 160,238 148,142 130,500 105,813 90,856 -40,424 -
Tax -50,108 -41,219 -59,647 -37,522 -31,578 -19,012 48,567 -
NP 141,178 119,019 88,495 92,978 74,235 71,844 8,143 -2.98%
-
NP to SH 135,693 119,019 88,495 92,978 74,235 71,844 -36,905 -
-
Tax Rate 26.20% 25.72% 40.26% 28.75% 29.84% 20.93% - -
Total Cost 1,848,600 1,634,950 1,562,938 1,443,992 1,467,086 1,379,549 1,170,568 -0.48%
-
Net Worth 1,122,093 1,088,350 1,031,761 1,006,520 939,052 576,482 311,452 -1.35%
Dividend
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
Div 107,819 57,309 72,287 35,473 12,087 27,082 5,221 -3.16%
Div Payout % 79.46% 48.15% 81.69% 38.15% 16.28% 37.70% 0.00% -
Equity
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
Net Worth 1,122,093 1,088,350 1,031,761 1,006,520 939,052 576,482 311,452 -1.35%
NOSH 356,220 358,010 357,010 358,192 354,359 260,851 173,995 -0.75%
Ratio Analysis
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
NP Margin 7.10% 6.79% 5.36% 6.05% 4.82% 4.95% 0.69% -
ROE 12.09% 10.94% 8.58% 9.24% 7.91% 12.46% -11.85% -
Per Share
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
RPS 558.58 489.92 462.57 429.09 434.96 556.41 677.44 0.20%
EPS 38.09 33.24 24.79 25.96 20.95 27.54 -21.21 -
DPS 30.24 16.00 20.25 10.00 3.41 10.38 3.00 -2.42%
NAPS 3.15 3.04 2.89 2.81 2.65 2.21 1.79 -0.59%
Adjusted Per Share Value based on latest NOSH - 358,192
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
RPS 542.50 478.21 450.25 419.05 420.23 395.71 321.37 -0.55%
EPS 37.00 32.45 24.13 25.35 20.24 19.59 -10.06 -
DPS 29.40 15.63 19.71 9.67 3.30 7.38 1.42 -3.17%
NAPS 3.0593 2.9673 2.813 2.7442 2.5603 1.5717 0.8492 -1.35%
Price Multiplier on Financial Quarter End Date
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
Date 30/12/05 31/12/04 31/12/03 31/12/02 31/12/01 26/12/00 - -
Price 6.20 5.00 4.00 3.48 3.58 2.98 0.00 -
P/RPS 1.11 1.02 0.86 0.81 0.82 0.54 0.00 -100.00%
P/EPS 16.28 15.04 16.14 13.41 17.09 10.82 0.00 -100.00%
EY 6.14 6.65 6.20 7.46 5.85 9.24 0.00 -100.00%
DY 4.88 3.20 5.06 2.87 0.95 3.48 0.00 -100.00%
P/NAPS 1.97 1.64 1.38 1.24 1.35 1.35 0.00 -100.00%
Price Multiplier on Announcement Date
31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 31/12/99 CAGR
Date 09/02/06 04/02/05 10/02/04 25/02/03 19/02/02 16/02/01 - -
Price 6.15 5.10 4.24 3.20 3.66 3.12 0.00 -
P/RPS 1.10 1.04 0.92 0.75 0.84 0.56 0.00 -100.00%
P/EPS 16.14 15.34 17.11 12.33 17.47 11.33 0.00 -100.00%
EY 6.19 6.52 5.85 8.11 5.72 8.83 0.00 -100.00%
DY 4.92 3.14 4.78 3.13 0.93 3.33 0.00 -100.00%
P/NAPS 1.95 1.68 1.47 1.14 1.38 1.41 0.00 -100.00%

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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