[TM] QoQ Annualized Quarter Result on 31-Mar-2006 [#1]

Announcement Date
15-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- 169.04%
YoY- 45.72%
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Annualized Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 16,399,158 15,988,534 15,527,886 15,150,240 13,942,370 13,584,470 13,474,478 13.95%
PBT 3,133,231 3,015,641 3,062,712 3,368,392 1,520,400 2,620,932 2,069,398 31.75%
Tax -830,917 -806,545 -833,288 -836,460 -664,911 -437,578 -398,510 62.99%
NP 2,302,314 2,209,096 2,229,424 2,531,932 855,489 2,183,353 1,670,888 23.75%
-
NP to SH 2,068,775 1,970,749 1,998,248 2,182,780 811,335 2,102,016 1,601,220 18.56%
-
Tax Rate 26.52% 26.75% 27.21% 24.83% 43.73% 16.70% 19.26% -
Total Cost 14,096,844 13,779,438 13,298,462 12,618,308 13,086,881 11,401,117 11,803,590 12.52%
-
Net Worth 19,874,823 19,673,735 16,993,505 20,351,019 18,992,303 14,828,686 14,452,707 23.59%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 1,560,059 723,120 1,087,584 - 1,187,337 451,076 678,483 73.94%
Div Payout % 75.41% 36.69% 54.43% - 146.34% 21.46% 42.37% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 19,874,823 19,673,735 16,993,505 20,351,019 18,992,303 14,828,686 14,452,707 23.59%
NOSH 3,391,434 3,389,627 3,398,701 3,391,836 3,392,391 3,383,073 3,392,415 -0.01%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 14.04% 13.82% 14.36% 16.71% 6.14% 16.07% 12.40% -
ROE 10.41% 10.02% 11.76% 10.73% 4.27% 14.18% 11.08% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 483.55 471.69 456.88 446.67 410.99 401.54 397.19 13.97%
EPS 61.00 58.13 58.80 64.40 23.90 62.13 47.20 18.59%
DPS 46.00 21.33 32.00 0.00 35.00 13.33 20.00 73.97%
NAPS 5.8603 5.8041 5.00 6.00 5.5985 4.3832 4.2603 23.61%
Adjusted Per Share Value based on latest NOSH - 3,391,836
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 427.40 416.70 404.69 394.85 363.37 354.04 351.18 13.95%
EPS 53.92 51.36 52.08 56.89 21.15 54.78 41.73 18.57%
DPS 40.66 18.85 28.34 0.00 30.94 11.76 17.68 73.96%
NAPS 5.1798 5.1274 4.4289 5.304 4.9498 3.8647 3.7667 23.58%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 4.88 4.57 4.53 4.68 4.78 5.20 5.00 -
P/RPS 1.01 0.97 0.99 1.05 1.16 1.30 1.26 -13.67%
P/EPS 8.00 7.86 7.70 7.27 19.99 8.37 10.59 -17.01%
EY 12.50 12.72 12.98 13.75 5.00 11.95 9.44 20.52%
DY 9.43 4.67 7.06 0.00 7.32 2.56 4.00 76.85%
P/NAPS 0.83 0.79 0.91 0.78 0.85 1.19 1.17 -20.40%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 23/02/07 28/11/06 02/08/06 15/05/06 28/02/06 29/11/05 25/08/05 -
Price 5.45 4.60 4.47 4.95 4.95 4.80 5.50 -
P/RPS 1.13 0.98 0.98 1.11 1.20 1.20 1.38 -12.44%
P/EPS 8.93 7.91 7.60 7.69 20.70 7.73 11.65 -16.20%
EY 11.19 12.64 13.15 13.00 4.83 12.94 8.58 19.31%
DY 8.44 4.64 7.16 0.00 7.07 2.78 3.64 74.91%
P/NAPS 0.93 0.79 0.89 0.83 0.88 1.10 1.29 -19.55%

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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