[MANULFE] QoQ Annualized Quarter Result on 30-Sep-2006 [#3]

Announcement Date
22-Nov-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
30-Sep-2006 [#3]
Profit Trend
QoQ- -0.02%
YoY- 12.55%
Quarter Report
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Annualized Quarter Result
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Revenue 500,588 458,412 583,884 486,237 468,426 445,536 474,290 3.67%
PBT 127,516 102,116 71,134 63,042 63,620 55,812 56,436 72.44%
Tax -31,506 -27,852 -20,395 -17,737 -18,306 -16,296 -16,408 54.67%
NP 96,010 74,264 50,739 45,305 45,314 39,516 40,028 79.47%
-
NP to SH 96,010 74,264 50,739 45,305 45,314 39,516 40,028 79.47%
-
Tax Rate 24.71% 27.27% 28.67% 28.14% 28.77% 29.20% 29.07% -
Total Cost 404,578 384,148 533,145 440,932 423,112 406,020 434,262 -4.62%
-
Net Worth 394,644 388,731 370,232 351,925 341,877 347,482 339,220 10.64%
Dividend
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Net Worth 394,644 388,731 370,232 351,925 341,877 347,482 339,220 10.64%
NOSH 202,381 202,464 202,312 202,255 202,294 202,024 201,916 0.15%
Ratio Analysis
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
NP Margin 19.18% 16.20% 8.69% 9.32% 9.67% 8.87% 8.44% -
ROE 24.33% 19.10% 13.70% 12.87% 13.25% 11.37% 11.80% -
Per Share
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 247.35 226.42 288.60 240.41 231.56 220.54 234.89 3.51%
EPS 47.44 36.68 25.08 22.40 22.40 19.56 19.82 79.22%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.95 1.92 1.83 1.74 1.69 1.72 1.68 10.47%
Adjusted Per Share Value based on latest NOSH - 202,522
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 225.11 206.15 262.57 218.66 210.65 200.36 213.29 3.67%
EPS 43.18 33.40 22.82 20.37 20.38 17.77 18.00 79.48%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.7747 1.7481 1.6649 1.5826 1.5374 1.5626 1.5255 10.64%
Price Multiplier on Financial Quarter End Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 -
Price 2.86 2.48 2.31 2.14 2.15 2.24 2.30 -
P/RPS 1.16 1.10 0.80 0.89 0.93 1.02 0.98 11.93%
P/EPS 6.03 6.76 9.21 9.55 9.60 11.45 11.60 -35.42%
EY 16.59 14.79 10.86 10.47 10.42 8.73 8.62 54.91%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.47 1.29 1.26 1.23 1.27 1.30 1.37 4.82%
Price Multiplier on Announcement Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 30/08/07 24/05/07 28/02/07 22/11/06 25/08/06 31/05/06 28/02/06 -
Price 3.28 2.40 2.50 2.20 2.19 2.39 2.26 -
P/RPS 1.33 1.06 0.87 0.92 0.95 1.08 0.96 24.35%
P/EPS 6.91 6.54 9.97 9.82 9.78 12.22 11.40 -28.44%
EY 14.46 15.28 10.03 10.18 10.23 8.18 8.77 39.69%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.68 1.25 1.37 1.26 1.30 1.39 1.35 15.74%

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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