[WARISAN] YoY Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
26-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- -18.35%
YoY- -26.86%
Quarter Report
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Annualized Quarter Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 216,195 263,153 268,980 226,900 235,460 229,998 339,992 -7.26%
PBT 22,430 26,394 21,196 18,926 27,441 36,324 31,787 -5.64%
Tax -2,369 -3,725 -6,810 -4,310 -7,457 -6,848 -5,846 -13.97%
NP 20,061 22,669 14,386 14,616 19,984 29,476 25,941 -4.19%
-
NP to SH 20,189 22,664 14,386 14,616 19,984 29,476 25,941 -4.09%
-
Tax Rate 10.56% 14.11% 32.13% 22.77% 27.17% 18.85% 18.39% -
Total Cost 196,134 240,484 254,594 212,284 215,476 200,522 314,051 -7.54%
-
Net Worth 200,143 185,451 165,966 155,903 146,509 133,065 110,215 10.44%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 6,044 6,047 4,703 4,032 5,376 6,559 - -
Div Payout % 29.94% 26.68% 32.70% 27.59% 26.90% 22.25% - -
Equity
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Net Worth 200,143 185,451 165,966 155,903 146,509 133,065 110,215 10.44%
NOSH 67,162 67,192 67,192 67,200 67,206 67,204 67,204 -0.01%
Ratio Analysis
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
NP Margin 9.28% 8.61% 5.35% 6.44% 8.49% 12.82% 7.63% -
ROE 10.09% 12.22% 8.67% 9.38% 13.64% 22.15% 23.54% -
Per Share
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 321.90 391.64 400.31 337.65 350.35 342.23 505.91 -7.25%
EPS 30.06 33.73 21.41 21.75 29.74 43.86 38.60 -4.08%
DPS 9.00 9.00 7.00 6.00 8.00 9.76 0.00 -
NAPS 2.98 2.76 2.47 2.32 2.18 1.98 1.64 10.46%
Adjusted Per Share Value based on latest NOSH - 67,045
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 321.72 391.60 400.27 337.65 350.39 342.26 505.94 -7.26%
EPS 30.04 33.73 21.41 21.75 29.74 43.86 38.60 -4.09%
DPS 8.99 9.00 7.00 6.00 8.00 9.76 0.00 -
NAPS 2.9783 2.7597 2.4697 2.32 2.1802 1.9801 1.6401 10.44%
Price Multiplier on Financial Quarter End Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 29/12/06 30/12/05 31/12/04 31/12/03 31/12/02 31/12/01 26/12/00 -
Price 1.67 1.53 1.79 1.84 2.34 2.20 1.57 -
P/RPS 0.52 0.39 0.45 0.54 0.67 0.64 0.31 8.99%
P/EPS 5.56 4.54 8.36 8.46 7.87 5.02 4.07 5.33%
EY 18.00 22.05 11.96 11.82 12.71 19.94 24.59 -5.06%
DY 5.39 5.88 3.91 3.26 3.42 4.44 0.00 -
P/NAPS 0.56 0.55 0.72 0.79 1.07 1.11 0.96 -8.58%
Price Multiplier on Announcement Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 26/02/07 24/02/06 25/02/05 26/02/04 28/02/03 27/02/02 27/02/01 -
Price 1.92 1.52 1.92 1.86 1.95 2.17 1.60 -
P/RPS 0.60 0.39 0.48 0.55 0.56 0.63 0.32 11.03%
P/EPS 6.39 4.51 8.97 8.55 6.56 4.95 4.15 7.45%
EY 15.66 22.19 11.15 11.69 15.25 20.21 24.13 -6.94%
DY 4.69 5.92 3.65 3.23 4.10 4.50 0.00 -
P/NAPS 0.64 0.55 0.78 0.80 0.89 1.10 0.98 -6.85%

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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