[MCEMENT] QoQ TTM Result on 30-Sep-2011 [#3]

Announcement Date
22-Nov-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
30-Sep-2011 [#3]
Profit Trend
QoQ- -6.6%
YoY- -15.98%
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TTM Result
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Revenue 2,623,539 2,593,991 2,552,564 2,512,897 2,455,461 2,379,239 2,324,888 8.39%
PBT 439,193 432,899 414,647 364,963 369,891 357,227 345,397 17.38%
Tax -102,375 -101,245 -97,000 -86,105 -72,953 -62,536 -54,301 52.67%
NP 336,818 331,654 317,647 278,858 296,938 294,691 291,096 10.22%
-
NP to SH 335,597 330,699 317,845 280,972 300,818 299,247 295,338 8.90%
-
Tax Rate 23.31% 23.39% 23.39% 23.59% 19.72% 17.51% 15.72% -
Total Cost 2,286,721 2,262,337 2,234,917 2,234,039 2,158,523 2,084,548 2,033,792 8.13%
-
Net Worth 3,101,386 3,092,889 3,113,280 3,064,288 3,053,867 3,058,091 3,076,444 0.54%
Dividend
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Div 288,920 288,808 288,979 288,667 288,909 289,022 288,318 0.13%
Div Payout % 86.09% 87.33% 90.92% 102.74% 96.04% 96.58% 97.62% -
Equity
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Net Worth 3,101,386 3,092,889 3,113,280 3,064,288 3,053,867 3,058,091 3,076,444 0.54%
NOSH 849,695 849,695 850,623 848,833 848,296 851,836 847,505 0.17%
Ratio Analysis
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
NP Margin 12.84% 12.79% 12.44% 11.10% 12.09% 12.39% 12.52% -
ROE 10.82% 10.69% 10.21% 9.17% 9.85% 9.79% 9.60% -
Per Share
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 308.76 305.28 300.08 296.04 289.46 279.31 274.32 8.21%
EPS 39.50 38.92 37.37 33.10 35.46 35.13 34.85 8.71%
DPS 34.00 34.00 34.00 34.00 34.00 34.00 34.00 0.00%
NAPS 3.65 3.64 3.66 3.61 3.60 3.59 3.63 0.36%
Adjusted Per Share Value based on latest NOSH - 848,833
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 196.28 194.07 190.97 188.01 183.71 178.01 173.94 8.39%
EPS 25.11 24.74 23.78 21.02 22.51 22.39 22.10 8.89%
DPS 21.62 21.61 21.62 21.60 21.62 21.62 21.57 0.15%
NAPS 2.3204 2.314 2.3293 2.2926 2.2848 2.288 2.3017 0.54%
Price Multiplier on Financial Quarter End Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 -
Price 7.30 7.20 7.00 6.56 7.45 7.40 7.67 -
P/RPS 2.36 2.36 2.33 2.22 2.57 2.65 2.80 -10.78%
P/EPS 18.48 18.50 18.73 19.82 21.01 21.06 22.01 -11.00%
EY 5.41 5.41 5.34 5.05 4.76 4.75 4.54 12.41%
DY 4.66 4.72 4.86 5.18 4.56 4.59 4.43 3.43%
P/NAPS 2.00 1.98 1.91 1.82 2.07 2.06 2.11 -3.50%
Price Multiplier on Announcement Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 28/08/12 29/05/12 22/02/12 22/11/11 24/08/11 24/05/11 23/02/11 -
Price 8.60 7.07 7.37 6.59 7.01 7.47 7.32 -
P/RPS 2.79 2.32 2.46 2.23 2.42 2.67 2.67 2.97%
P/EPS 21.77 18.17 19.72 19.91 19.77 21.26 21.01 2.39%
EY 4.59 5.50 5.07 5.02 5.06 4.70 4.76 -2.39%
DY 3.95 4.81 4.61 5.16 4.85 4.55 4.64 -10.18%
P/NAPS 2.36 1.94 2.01 1.83 1.95 2.08 2.02 10.93%

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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