[IFCAMSC] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
24-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -68.64%
YoY- -32.68%
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 26,886 25,690 24,122 21,648 27,438 29,649 29,668 -6.33%
PBT 4,034 4,114 3,102 2,340 8,097 6,445 5,280 -16.38%
Tax -778 -60 -108 148 -163 -445 -578 21.84%
NP 3,256 4,054 2,994 2,488 7,934 6,000 4,702 -21.67%
-
NP to SH 3,256 4,038 3,068 2,488 7,934 6,000 4,702 -21.67%
-
Tax Rate 19.29% 1.46% 3.48% -6.32% 2.01% 6.90% 10.95% -
Total Cost 23,630 21,636 21,128 19,160 19,504 23,649 24,966 -3.59%
-
Net Worth 44,910 39,264 41,836 42,409 47,325 36,111 33,190 22.26%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 1,403 - - - 4,175 - - -
Div Payout % 43.10% - - - 52.63% - - -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 44,910 39,264 41,836 42,409 47,325 36,111 33,190 22.26%
NOSH 280,689 280,462 278,909 282,727 278,385 277,777 276,588 0.98%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 12.11% 15.78% 12.41% 11.49% 28.92% 20.24% 15.85% -
ROE 7.25% 10.29% 7.33% 5.87% 16.76% 16.62% 14.17% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 9.58 9.16 8.65 7.66 9.86 10.67 10.73 -7.26%
EPS 1.16 1.44 1.10 0.88 2.85 2.16 1.70 -22.43%
DPS 0.50 0.00 0.00 0.00 1.50 0.00 0.00 -
NAPS 0.16 0.14 0.15 0.15 0.17 0.13 0.12 21.07%
Adjusted Per Share Value based on latest NOSH - 282,727
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 4.40 4.20 3.95 3.54 4.49 4.85 4.85 -6.26%
EPS 0.53 0.66 0.50 0.41 1.30 0.98 0.77 -21.98%
DPS 0.23 0.00 0.00 0.00 0.68 0.00 0.00 -
NAPS 0.0735 0.0643 0.0685 0.0694 0.0774 0.0591 0.0543 22.29%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 0.19 0.20 0.21 0.27 0.34 0.37 0.36 -
P/RPS 1.98 2.18 2.43 3.53 3.45 3.47 3.36 -29.64%
P/EPS 16.38 13.89 19.09 30.68 11.93 17.13 21.18 -15.70%
EY 6.11 7.20 5.24 3.26 8.38 5.84 4.72 18.72%
DY 2.63 0.00 0.00 0.00 4.41 0.00 0.00 -
P/NAPS 1.19 1.43 1.40 1.80 2.00 2.85 3.00 -45.92%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 27/02/06 28/11/05 25/08/05 24/05/05 24/03/05 05/11/04 18/08/04 -
Price 0.19 0.20 0.19 0.22 0.28 0.35 0.34 -
P/RPS 1.98 2.18 2.20 2.87 2.84 3.28 3.17 -26.86%
P/EPS 16.38 13.89 17.27 25.00 9.82 16.20 20.00 -12.43%
EY 6.11 7.20 5.79 4.00 10.18 6.17 5.00 14.25%
DY 2.63 0.00 0.00 0.00 5.36 0.00 0.00 -
P/NAPS 1.19 1.43 1.27 1.47 1.65 2.69 2.83 -43.78%

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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