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

Announcement Date
17-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- -4.4%
YoY- 20.2%
Quarter Report
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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 380,978 370,094 350,156 351,684 334,841 322,986 315,250 13.41%
PBT 23,899 29,345 36,174 45,124 46,852 41,850 39,164 -27.99%
Tax -2,195 -2,870 -6,252 -7,424 -5,457 -4,853 -4,980 -41.99%
NP 21,704 26,474 29,922 37,700 41,395 36,997 34,184 -26.06%
-
NP to SH 17,150 21,352 23,782 29,472 30,830 27,228 25,852 -23.87%
-
Tax Rate 9.18% 9.78% 17.28% 16.45% 11.65% 11.60% 12.72% -
Total Cost 359,274 343,620 320,234 313,984 293,446 285,989 281,066 17.72%
-
Net Worth 175,072 175,560 173,608 181,823 174,437 136,920 117,342 30.47%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 10,718 4,744 7,134 - 17,679 7,868 11,734 -5.84%
Div Payout % 62.50% 22.22% 30.00% - 57.35% 28.90% 45.39% -
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 175,072 175,560 173,608 181,823 174,437 136,920 117,342 30.47%
NOSH 119,097 118,622 118,910 118,838 117,863 118,034 117,342 0.99%
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 5.70% 7.15% 8.55% 10.72% 12.36% 11.45% 10.84% -
ROE 9.80% 12.16% 13.70% 16.21% 17.67% 19.89% 22.03% -
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 319.89 311.99 294.47 295.93 284.09 273.64 268.66 12.30%
EPS 14.40 18.00 20.00 24.80 26.20 23.07 22.00 -24.55%
DPS 9.00 4.00 6.00 0.00 15.00 6.67 10.00 -6.76%
NAPS 1.47 1.48 1.46 1.53 1.48 1.16 1.00 29.19%
Adjusted Per Share Value based on latest NOSH - 118,838
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 336.72 327.10 309.48 310.83 295.95 285.47 278.63 13.41%
EPS 15.16 18.87 21.02 26.05 27.25 24.07 22.85 -23.87%
DPS 9.47 4.19 6.31 0.00 15.63 6.95 10.37 -5.85%
NAPS 1.5474 1.5517 1.5344 1.607 1.5417 1.2102 1.0371 30.47%
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 2.04 1.96 2.18 2.50 2.14 2.15 2.55 -
P/RPS 0.64 0.63 0.74 0.84 0.75 0.79 0.95 -23.09%
P/EPS 14.17 10.89 10.90 10.08 8.18 9.32 11.57 14.42%
EY 7.06 9.18 9.17 9.92 12.22 10.73 8.64 -12.56%
DY 4.41 2.04 2.75 0.00 7.01 3.10 3.92 8.14%
P/NAPS 1.39 1.32 1.49 1.63 1.45 1.85 2.55 -33.19%
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 27/02/07 09/11/06 10/08/06 17/05/06 23/02/06 17/11/05 11/08/05 -
Price 2.04 1.98 1.91 2.40 2.61 2.09 2.05 -
P/RPS 0.64 0.63 0.65 0.81 0.92 0.76 0.76 -10.79%
P/EPS 14.17 11.00 9.55 9.68 9.98 9.06 9.30 32.30%
EY 7.06 9.09 10.47 10.33 10.02 11.04 10.75 -24.38%
DY 4.41 2.02 3.14 0.00 5.75 3.19 4.88 -6.51%
P/NAPS 1.39 1.34 1.31 1.57 1.76 1.80 2.05 -22.76%

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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