[TWRREIT] QoQ Annualized Quarter Result on 31-Mar-2011 [#1]

Announcement Date
25-Apr-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 10.77%
YoY- 19.45%
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 51,956 51,237 50,242 51,396 49,266 48,214 46,372 7.85%
PBT 30,875 29,981 31,910 33,996 30,691 29,610 28,862 4.58%
Tax 0 0 0 0 0 0 0 -
NP 30,875 29,981 31,910 33,996 30,691 29,610 28,862 4.58%
-
NP to SH 30,875 29,981 31,910 33,996 30,691 29,610 28,862 4.58%
-
Tax Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
Total Cost 21,081 21,256 18,332 17,400 18,575 18,604 17,510 13.13%
-
Net Worth 471,818 463,346 471,303 464,022 471,025 455,656 455,109 2.42%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 30,426 19,252 28,881 - 28,053 16,824 25,268 13.14%
Div Payout % 98.55% 64.21% 90.51% - 91.41% 56.82% 87.55% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 471,818 463,346 471,303 464,022 471,025 455,656 455,109 2.42%
NOSH 280,426 280,374 280,404 280,495 280,539 280,404 280,758 -0.07%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 59.43% 58.51% 63.51% 66.15% 62.30% 61.41% 62.24% -
ROE 6.54% 6.47% 6.77% 7.33% 6.52% 6.50% 6.34% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 18.53 18.27 17.92 18.32 17.56 17.19 16.52 7.93%
EPS 11.01 10.69 11.38 12.12 10.94 10.56 10.28 4.66%
DPS 10.85 6.87 10.30 0.00 10.00 6.00 9.00 13.23%
NAPS 1.6825 1.6526 1.6808 1.6543 1.679 1.625 1.621 2.50%
Adjusted Per Share Value based on latest NOSH - 280,495
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 10.58 10.44 10.24 10.47 10.04 9.82 9.45 7.79%
EPS 6.29 6.11 6.50 6.93 6.25 6.03 5.88 4.58%
DPS 6.20 3.92 5.88 0.00 5.72 3.43 5.15 13.12%
NAPS 0.9612 0.9439 0.9601 0.9453 0.9596 0.9283 0.9271 2.43%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 1.29 1.21 1.25 1.18 1.24 1.21 1.19 -
P/RPS 6.96 6.62 6.98 6.44 7.06 7.04 7.20 -2.22%
P/EPS 11.72 11.32 10.98 9.74 11.33 11.46 11.58 0.80%
EY 8.53 8.84 9.10 10.27 8.82 8.73 8.64 -0.84%
DY 8.41 5.67 8.24 0.00 8.06 4.96 7.56 7.34%
P/NAPS 0.77 0.73 0.74 0.71 0.74 0.74 0.73 3.61%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 19/01/12 15/11/11 28/07/11 25/04/11 31/01/11 10/11/10 22/07/10 -
Price 1.30 1.25 1.28 1.19 1.22 1.25 1.22 -
P/RPS 7.02 6.84 7.14 6.49 6.95 7.27 7.39 -3.35%
P/EPS 11.81 11.69 11.25 9.82 11.15 11.84 11.87 -0.33%
EY 8.47 8.55 8.89 10.18 8.97 8.45 8.43 0.31%
DY 8.35 5.49 8.05 0.00 8.20 4.80 7.38 8.55%
P/NAPS 0.77 0.76 0.76 0.72 0.73 0.77 0.75 1.76%

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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