[MMM] QoQ TTM Result on 29-Feb-2004 [#2]

Announcement Date
30-Apr-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2004
Quarter
29-Feb-2004 [#2]
Profit Trend
QoQ- -2.93%
YoY- 2.38%
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TTM Result
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Revenue 127,997 119,544 106,612 100,107 97,056 104,723 105,737 13.54%
PBT 13,590 11,036 10,434 9,947 10,264 10,123 10,518 18.57%
Tax -120 -93 125 123 110 83 -5 727.23%
NP 13,470 10,943 10,559 10,070 10,374 10,206 10,513 17.91%
-
NP to SH 13,470 10,943 10,559 10,070 10,374 10,206 10,513 17.91%
-
Tax Rate 0.88% 0.84% -1.20% -1.24% -1.07% -0.82% 0.05% -
Total Cost 114,527 108,601 96,053 90,037 86,682 94,517 95,224 13.05%
-
Net Worth 149,205 138,435 146,267 140,440 137,379 133,550 131,320 8.85%
Dividend
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Div 2,172 2,172 - - - - 1,239 45.23%
Div Payout % 16.13% 19.86% - - - - 11.79% -
Equity
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Net Worth 149,205 138,435 146,267 140,440 137,379 133,550 131,320 8.85%
NOSH 113,507 108,645 106,562 103,700 101,800 100,128 100,000 8.78%
Ratio Analysis
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
NP Margin 10.52% 9.15% 9.90% 10.06% 10.69% 9.75% 9.94% -
ROE 9.03% 7.90% 7.22% 7.17% 7.55% 7.64% 8.01% -
Per Share
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
RPS 112.77 110.03 100.05 96.54 95.34 104.59 105.74 4.37%
EPS 11.87 10.07 9.91 9.71 10.19 10.19 10.51 8.42%
DPS 1.91 2.00 0.00 0.00 0.00 0.00 1.24 33.27%
NAPS 1.3145 1.2742 1.3726 1.3543 1.3495 1.3338 1.3132 0.06%
Adjusted Per Share Value based on latest NOSH - 103,700
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
RPS 76.45 71.40 63.68 59.79 57.97 62.55 63.15 13.54%
EPS 8.05 6.54 6.31 6.01 6.20 6.10 6.28 17.94%
DPS 1.30 1.30 0.00 0.00 0.00 0.00 0.74 45.44%
NAPS 0.8912 0.8268 0.8736 0.8388 0.8205 0.7977 0.7843 8.86%
Price Multiplier on Financial Quarter End Date
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Date 30/11/04 31/08/04 31/05/04 27/02/04 28/11/03 29/08/03 30/05/03 -
Price 1.10 1.02 0.99 2.33 1.88 1.68 0.88 -
P/RPS 0.98 0.93 0.99 2.41 1.97 1.61 0.83 11.67%
P/EPS 9.27 10.13 9.99 23.99 18.45 16.48 8.37 7.02%
EY 10.79 9.87 10.01 4.17 5.42 6.07 11.95 -6.56%
DY 1.74 1.96 0.00 0.00 0.00 0.00 1.41 15.00%
P/NAPS 0.84 0.80 0.72 1.72 1.39 1.26 0.67 16.22%
Price Multiplier on Announcement Date
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Date 24/01/05 29/10/04 30/07/04 30/04/04 30/01/04 31/10/03 29/07/03 -
Price 1.08 1.05 1.01 1.58 2.43 1.91 1.18 -
P/RPS 0.96 0.95 1.01 1.64 2.55 1.83 1.12 -9.74%
P/EPS 9.10 10.42 10.19 16.27 23.85 18.74 11.22 -12.99%
EY 10.99 9.59 9.81 6.15 4.19 5.34 8.91 14.96%
DY 1.77 1.90 0.00 0.00 0.00 0.00 1.05 41.50%
P/NAPS 0.82 0.82 0.74 1.17 1.80 1.43 0.90 -6.00%

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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