[NESTLE] YoY TTM Result on 31-Dec-2003 [#4]

Announcement Date
26-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 8.75%
YoY- -11.28%
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TTM Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 3,275,541 3,127,441 2,901,183 2,656,989 2,479,649 2,585,708 2,202,451 6.83%
PBT 363,284 331,254 297,212 202,117 234,171 264,744 254,995 6.07%
Tax -99,065 -45,298 -76,801 -40,128 -51,586 -60,794 -52,543 11.14%
NP 264,219 285,956 220,411 161,989 182,585 203,950 202,452 4.53%
-
NP to SH 264,219 266,648 220,411 161,989 182,585 203,950 202,452 4.53%
-
Tax Rate 27.27% 13.67% 25.84% 19.85% 22.03% 22.96% 20.61% -
Total Cost 3,011,322 2,841,485 2,680,772 2,495,000 2,297,064 2,381,758 1,999,999 7.05%
-
Net Worth 558,112 536,890 368,137 304,913 361,262 415,130 250,944 14.24%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 234,504 199,762 211,048 199,366 281,452 242,103 267,356 -2.16%
Div Payout % 88.75% 74.92% 95.75% 123.07% 154.15% 118.71% 132.06% -
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 558,112 536,890 368,137 304,913 361,262 415,130 250,944 14.24%
NOSH 234,501 234,449 234,482 234,548 234,586 234,536 234,527 -0.00%
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 8.07% 9.14% 7.60% 6.10% 7.36% 7.89% 9.19% -
ROE 47.34% 49.67% 59.87% 53.13% 50.54% 49.13% 80.68% -
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 1,396.81 1,333.95 1,237.27 1,132.81 1,057.03 1,102.47 939.10 6.83%
EPS 112.67 113.73 94.00 69.06 77.83 86.96 86.32 4.53%
DPS 100.00 85.20 90.00 85.00 120.00 103.23 114.00 -2.15%
NAPS 2.38 2.29 1.57 1.30 1.54 1.77 1.07 14.24%
Adjusted Per Share Value based on latest NOSH - 234,548
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 1,396.82 1,333.66 1,237.18 1,133.04 1,057.42 1,102.65 939.21 6.83%
EPS 112.67 113.71 93.99 69.08 77.86 86.97 86.33 4.53%
DPS 100.00 85.19 90.00 85.02 120.02 103.24 114.01 -2.16%
NAPS 2.38 2.2895 1.5699 1.3003 1.5406 1.7703 1.0701 14.24%
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 24.80 24.30 23.10 21.80 20.00 20.50 21.00 -
P/RPS 1.78 1.82 1.87 1.92 1.89 1.86 2.24 -3.75%
P/EPS 22.01 21.37 24.57 31.56 25.70 23.57 24.33 -1.65%
EY 4.54 4.68 4.07 3.17 3.89 4.24 4.11 1.67%
DY 4.03 3.51 3.90 3.90 6.00 5.04 5.43 -4.84%
P/NAPS 10.42 10.61 14.71 16.77 12.99 11.58 19.63 -10.01%
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 27/02/07 23/02/06 24/02/05 26/02/04 27/02/03 28/02/02 27/02/01 -
Price 24.00 24.70 23.60 22.10 19.50 19.30 20.40 -
P/RPS 1.72 1.85 1.91 1.95 1.84 1.75 2.17 -3.79%
P/EPS 21.30 21.72 25.11 32.00 25.05 22.19 23.63 -1.71%
EY 4.69 4.60 3.98 3.13 3.99 4.51 4.23 1.73%
DY 4.17 3.45 3.81 3.85 6.15 5.35 5.59 -4.76%
P/NAPS 10.08 10.79 15.03 17.00 12.66 10.90 19.07 -10.07%

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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