[NSOP] QoQ TTM Result on 31-Mar-2006 [#1]

Announcement Date
26-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- 7.64%
YoY- -25.01%
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TTM Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 51,405 47,383 45,227 43,932 44,000 46,737 49,219 2.93%
PBT 20,281 18,294 14,239 12,474 11,716 12,060 14,929 22.59%
Tax -4,921 -3,556 -2,964 -2,897 -2,995 -3,021 -4,265 9.97%
NP 15,360 14,738 11,275 9,577 8,721 9,039 10,664 27.45%
-
NP to SH 13,307 12,799 10,026 8,778 8,155 8,973 10,778 15.04%
-
Tax Rate 24.26% 19.44% 20.82% 23.22% 25.56% 25.05% 28.57% -
Total Cost 36,045 32,645 33,952 34,355 35,279 37,698 38,555 -4.37%
-
Net Worth 265,120 216,478 210,715 211,314 241,220 208,899 206,618 18.02%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 11,165 11,165 11,076 11,076 10,978 10,978 11,600 -2.50%
Div Payout % 83.91% 87.24% 110.48% 126.18% 134.62% 122.35% 107.63% -
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 265,120 216,478 210,715 211,314 241,220 208,899 206,618 18.02%
NOSH 70,137 70,057 69,773 69,511 69,117 68,943 68,644 1.44%
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 29.88% 31.10% 24.93% 21.80% 19.82% 19.34% 21.67% -
ROE 5.02% 5.91% 4.76% 4.15% 3.38% 4.30% 5.22% -
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 73.29 67.63 64.82 63.20 63.66 67.79 71.70 1.46%
EPS 18.97 18.27 14.37 12.63 11.80 13.01 15.70 13.40%
DPS 16.00 16.00 16.00 16.00 16.00 16.00 17.00 -3.95%
NAPS 3.78 3.09 3.02 3.04 3.49 3.03 3.01 16.35%
Adjusted Per Share Value based on latest NOSH - 69,511
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 73.22 67.50 64.42 62.58 62.68 66.58 70.11 2.92%
EPS 18.96 18.23 14.28 12.50 11.62 12.78 15.35 15.07%
DPS 15.90 15.90 15.78 15.78 15.64 15.64 16.52 -2.51%
NAPS 3.7765 3.0836 3.0016 3.0101 3.4361 2.9757 2.9432 18.02%
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 2.98 2.82 2.70 2.57 2.41 2.55 2.29 -
P/RPS 4.07 4.17 4.17 4.07 3.79 3.76 3.19 17.58%
P/EPS 15.71 15.44 18.79 20.35 20.43 19.59 14.58 5.08%
EY 6.37 6.48 5.32 4.91 4.90 5.10 6.86 -4.80%
DY 5.37 5.67 5.93 6.23 6.64 6.27 7.42 -19.34%
P/NAPS 0.79 0.91 0.89 0.85 0.69 0.84 0.76 2.60%
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 28/02/07 28/11/06 29/08/06 26/05/06 28/02/06 29/11/05 26/08/05 -
Price 3.06 2.92 2.87 2.68 2.57 2.50 2.40 -
P/RPS 4.18 4.32 4.43 4.24 4.04 3.69 3.35 15.85%
P/EPS 16.13 15.98 19.97 21.22 21.78 19.21 15.29 3.61%
EY 6.20 6.26 5.01 4.71 4.59 5.21 6.54 -3.48%
DY 5.23 5.48 5.57 5.97 6.23 6.40 7.08 -18.23%
P/NAPS 0.81 0.94 0.95 0.88 0.74 0.83 0.80 0.82%

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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