[FSBM] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
25-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- 124.8%
YoY- 247.13%
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 72,681 72,100 75,326 61,448 63,492 58,377 63,206 9.73%
PBT 9,468 9,194 8,510 6,616 5,777 -1,618 1,432 251.06%
Tax -47 -44 -66 364 -2,672 -2,140 -3,382 -94.17%
NP 9,421 9,150 8,444 6,980 3,105 -3,758 -1,950 -
-
NP to SH 9,366 9,293 8,678 6,980 3,105 -3,758 -1,950 -
-
Tax Rate 0.50% 0.48% 0.78% -5.50% 46.25% - 236.17% -
Total Cost 63,260 62,949 66,882 54,468 60,387 62,135 65,156 -1.94%
-
Net Worth 67,501 64,944 63,447 60,895 58,826 53,105 54,620 15.11%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 1,534 2,045 - - - - - -
Div Payout % 16.38% 22.01% - - - - - -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 67,501 64,944 63,447 60,895 58,826 53,105 54,620 15.11%
NOSH 51,137 51,137 51,167 51,173 51,153 51,161 51,047 0.11%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 12.96% 12.69% 11.21% 11.36% 4.89% -6.44% -3.09% -
ROE 13.88% 14.31% 13.68% 11.46% 5.28% -7.08% -3.57% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 142.13 140.99 147.21 120.08 124.12 114.10 123.82 9.60%
EPS 18.31 18.17 16.96 13.64 6.07 -7.35 -3.82 -
DPS 3.00 4.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.32 1.27 1.24 1.19 1.15 1.038 1.07 14.98%
Adjusted Per Share Value based on latest NOSH - 51,173
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 14.27 14.15 14.78 12.06 12.46 11.46 12.41 9.72%
EPS 1.84 1.82 1.70 1.37 0.61 -0.74 -0.38 -
DPS 0.30 0.40 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.1325 0.1275 0.1245 0.1195 0.1155 0.1042 0.1072 15.12%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 0.92 0.97 0.99 1.20 0.82 1.11 1.16 -
P/RPS 0.65 0.69 0.67 1.00 0.66 0.97 0.94 -21.75%
P/EPS 5.02 5.34 5.84 8.80 13.51 -15.11 -30.37 -
EY 19.91 18.74 17.13 11.37 7.40 -6.62 -3.29 -
DY 3.26 4.12 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.70 0.76 0.80 1.01 0.71 1.07 1.08 -25.04%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 17/02/06 24/11/05 22/08/05 25/05/05 22/02/05 26/11/04 25/08/04 -
Price 1.12 0.97 1.00 1.00 1.25 1.05 1.10 -
P/RPS 0.79 0.69 0.68 0.83 1.01 0.92 0.89 -7.61%
P/EPS 6.12 5.34 5.90 7.33 20.59 -14.29 -28.80 -
EY 16.35 18.74 16.96 13.64 4.86 -7.00 -3.47 -
DY 2.68 4.12 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.85 0.76 0.81 0.84 1.09 1.01 1.03 -11.98%

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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