[NCB] YoY TTM Result on 31-Dec-2004 [#4]

Announcement Date
21-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- -5.05%
YoY- 9.21%
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TTM Result
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Revenue 885,517 834,015 806,576 798,149 734,467 748,767 706,669 3.82%
PBT 204,112 165,320 136,938 150,039 139,539 106,687 79,738 16.95%
Tax -64,963 -49,156 -41,998 -49,769 -47,725 -34,997 -30,241 13.58%
NP 139,149 116,164 94,940 100,270 91,814 71,690 49,497 18.79%
-
NP to SH 139,121 116,101 95,184 100,270 91,814 71,690 49,497 18.78%
-
Tax Rate 31.83% 29.73% 30.67% 33.17% 34.20% 32.80% 37.93% -
Total Cost 746,368 717,851 711,636 697,879 642,653 677,077 657,172 2.14%
-
Net Worth 1,730,812 1,661,991 1,605,930 1,369,970 1,331,865 926,000 1,131,600 7.33%
Dividend
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Div 117,688 123,992 70,433 70,488 56,410 37,319 18,860 35.66%
Div Payout % 84.59% 106.80% 74.00% 70.30% 61.44% 52.06% 38.10% -
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 1,730,812 1,661,991 1,605,930 1,369,970 1,331,865 926,000 1,131,600 7.33%
NOSH 470,329 468,166 470,947 467,566 472,292 463,000 471,500 -0.04%
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 15.71% 13.93% 11.77% 12.56% 12.50% 9.57% 7.00% -
ROE 8.04% 6.99% 5.93% 7.32% 6.89% 7.74% 4.37% -
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 188.28 178.14 171.27 170.70 155.51 161.72 149.88 3.87%
EPS 29.58 24.80 20.21 21.45 19.44 15.48 10.50 18.83%
DPS 25.00 26.50 15.00 15.00 12.00 8.06 4.00 35.70%
NAPS 3.68 3.55 3.41 2.93 2.82 2.00 2.40 7.38%
Adjusted Per Share Value based on latest NOSH - 467,566
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
RPS 187.02 176.15 170.35 168.57 155.12 158.14 149.25 3.82%
EPS 29.38 24.52 20.10 21.18 19.39 15.14 10.45 18.79%
DPS 24.86 26.19 14.88 14.89 11.91 7.88 3.98 35.68%
NAPS 3.6555 3.5102 3.3918 2.8934 2.8129 1.9557 2.39 7.33%
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 31/12/01 -
Price 3.04 2.49 2.49 2.65 2.50 1.65 2.70 -
P/RPS 1.61 1.40 1.45 1.55 1.61 1.02 1.80 -1.84%
P/EPS 10.28 10.04 12.32 12.36 12.86 10.66 25.72 -14.16%
EY 9.73 9.96 8.12 8.09 7.78 9.38 3.89 16.50%
DY 8.22 10.64 6.02 5.66 4.80 4.89 1.48 33.05%
P/NAPS 0.83 0.70 0.73 0.90 0.89 0.83 1.13 -5.01%
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 21/02/08 28/02/07 06/03/06 21/02/05 24/02/04 24/02/03 12/04/02 -
Price 2.99 2.73 2.50 2.78 2.28 1.54 2.60 -
P/RPS 1.59 1.53 1.46 1.63 1.47 0.95 1.73 -1.39%
P/EPS 10.11 11.01 12.37 12.96 11.73 9.95 24.77 -13.86%
EY 9.89 9.08 8.08 7.71 8.53 10.05 4.04 16.08%
DY 8.36 9.71 6.00 5.40 5.26 5.23 1.54 32.55%
P/NAPS 0.81 0.77 0.73 0.95 0.81 0.77 1.08 -4.67%

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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