[ULICORP] QoQ Annualized Quarter Result on 30-Jun-2003 [#2]

Announcement Date
22-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- 34.54%
YoY- 45.86%
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Annualized Quarter Result
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Revenue 50,384 59,278 59,448 54,138 45,620 48,280 48,342 2.79%
PBT 11,624 13,799 13,237 11,772 8,436 10,670 11,418 1.19%
Tax -3,036 -3,748 -4,106 -3,452 -2,252 -3,003 -3,284 -5.09%
NP 8,588 10,051 9,130 8,320 6,184 7,667 8,134 3.68%
-
NP to SH 8,588 10,051 9,130 8,320 6,184 8,593 8,134 3.68%
-
Tax Rate 26.12% 27.16% 31.02% 29.32% 26.70% 28.14% 28.76% -
Total Cost 41,796 49,227 50,317 45,818 39,436 40,613 40,208 2.61%
-
Net Worth 63,570 19,199 57,999 57,600 54,729 53,206 50,808 16.09%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div - 1,999 - - - - - -
Div Payout % - 19.90% - - - - - -
Equity
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Net Worth 63,570 19,199 57,999 57,600 54,729 53,206 50,808 16.09%
NOSH 39,981 39,999 39,999 40,000 39,948 40,004 40,006 -0.04%
Ratio Analysis
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
NP Margin 17.05% 16.96% 15.36% 15.37% 13.56% 15.88% 16.83% -
ROE 13.51% 52.35% 15.74% 14.44% 11.30% 16.15% 16.01% -
Per Share
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 126.02 148.20 148.62 135.35 114.20 120.69 120.84 2.83%
EPS 21.48 7.85 22.83 20.80 15.48 21.48 20.33 3.73%
DPS 0.00 5.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.59 0.48 1.45 1.44 1.37 1.33 1.27 16.14%
Adjusted Per Share Value based on latest NOSH - 39,969
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 23.13 27.22 27.29 24.86 20.95 22.17 22.20 2.77%
EPS 3.94 4.61 4.19 3.82 2.84 3.95 3.73 3.71%
DPS 0.00 0.92 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2919 0.0882 0.2663 0.2645 0.2513 0.2443 0.2333 16.09%
Price Multiplier on Financial Quarter End Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 -
Price 1.88 1.88 1.56 0.89 0.71 0.85 0.85 -
P/RPS 1.49 1.27 1.05 0.66 0.62 0.70 0.70 65.39%
P/EPS 8.75 7.48 6.83 4.28 4.59 3.96 4.18 63.56%
EY 11.43 13.37 14.63 23.37 21.80 25.27 23.92 -38.85%
DY 0.00 2.66 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.18 3.92 1.08 0.62 0.52 0.64 0.67 45.78%
Price Multiplier on Announcement Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 20/05/04 20/02/04 07/11/03 22/08/03 23/05/03 25/02/03 18/11/02 -
Price 1.77 1.87 1.95 1.39 0.74 0.66 0.83 -
P/RPS 1.40 1.26 1.31 1.03 0.65 0.55 0.69 60.20%
P/EPS 8.24 7.44 8.54 6.68 4.78 3.07 4.08 59.70%
EY 12.14 13.44 11.71 14.96 20.92 32.55 24.50 -37.35%
DY 0.00 2.67 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.11 3.90 1.34 0.97 0.54 0.50 0.65 42.82%

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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