[SPRITZER] QoQ Annualized Quarter Result on 31-May-2004 [#4]

Announcement Date
29-Jul-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-May-2004
Quarter
31-May-2004 [#4]
Profit Trend
QoQ- -3.48%
YoY- -13.91%
Quarter Report
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Annualized Quarter Result
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Revenue 64,242 60,558 64,584 65,745 63,504 61,408 66,128 -1.91%
PBT 2,973 3,334 4,288 5,142 5,085 5,668 7,776 -47.35%
Tax -892 -994 -1,244 -1,280 -1,084 -1,336 -1,832 -38.13%
NP 2,081 2,340 3,044 3,862 4,001 4,332 5,944 -50.35%
-
NP to SH 2,081 2,340 3,044 3,862 4,001 4,332 5,944 -50.35%
-
Tax Rate 30.00% 29.81% 29.01% 24.89% 21.32% 23.57% 23.56% -
Total Cost 62,161 58,218 61,540 61,883 59,502 57,076 60,184 2.18%
-
Net Worth 101,567 102,685 102,572 101,632 104,216 104,541 103,941 -1.52%
Dividend
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Div 1,957 - - 1,470 1,634 - - -
Div Payout % 94.04% - - 38.07% 40.85% - - -
Equity
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Net Worth 101,567 102,685 102,572 101,632 104,216 104,541 103,941 -1.52%
NOSH 48,934 48,953 49,096 49,010 49,035 49,004 49,042 -0.14%
Ratio Analysis
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
NP Margin 3.24% 3.86% 4.71% 5.87% 6.30% 7.05% 8.99% -
ROE 2.05% 2.28% 2.97% 3.80% 3.84% 4.14% 5.72% -
Per Share
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
RPS 131.28 123.70 131.54 134.15 129.51 125.31 134.84 -1.76%
EPS 4.25 4.78 6.20 7.88 8.16 8.84 12.12 -50.30%
DPS 4.00 0.00 0.00 3.00 3.33 0.00 0.00 -
NAPS 2.0756 2.0976 2.0892 2.0737 2.1253 2.1333 2.1194 -1.38%
Adjusted Per Share Value based on latest NOSH - 48,920
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
RPS 20.12 18.97 20.23 20.59 19.89 19.23 20.71 -1.91%
EPS 0.65 0.73 0.95 1.21 1.25 1.36 1.86 -50.41%
DPS 0.61 0.00 0.00 0.46 0.51 0.00 0.00 -
NAPS 0.3181 0.3216 0.3212 0.3183 0.3264 0.3274 0.3255 -1.52%
Price Multiplier on Financial Quarter End Date
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Date 28/02/05 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 29/08/03 -
Price 0.51 0.58 0.61 0.61 0.69 0.59 0.59 -
P/RPS 0.39 0.47 0.46 0.45 0.53 0.47 0.44 -7.73%
P/EPS 11.99 12.13 9.84 7.74 8.46 6.67 4.87 82.43%
EY 8.34 8.24 10.16 12.92 11.83 14.98 20.54 -45.19%
DY 7.84 0.00 0.00 4.92 4.83 0.00 0.00 -
P/NAPS 0.25 0.28 0.29 0.29 0.32 0.28 0.28 -7.28%
Price Multiplier on Announcement Date
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Date 28/04/05 27/01/05 05/10/04 29/07/04 29/04/04 29/01/04 23/09/03 -
Price 0.48 0.58 0.60 0.64 0.66 0.63 0.59 -
P/RPS 0.37 0.47 0.46 0.48 0.51 0.50 0.44 -10.91%
P/EPS 11.29 12.13 9.68 8.12 8.09 7.13 4.87 75.25%
EY 8.86 8.24 10.33 12.31 12.36 14.03 20.54 -42.93%
DY 8.33 0.00 0.00 4.69 5.05 0.00 0.00 -
P/NAPS 0.23 0.28 0.29 0.31 0.31 0.30 0.28 -12.30%

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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