AALI
ASTRA AGRO LESTARI TBK.
Company Profile
PT Astra Agro Lestari Tbk. was established dated October 3rd, 1988. The Company is
committedtomanageoilpalmplantationwithlocationsspreadoverSumatra,Kalimantan,
andSulawesi,producinghighqualityCrudePalmOil(CPO),tomeetthedemandsofboth
thedomesticandexportmarkets.
ApartfromproducingCPO,theCompanyalsoproducespalmoilderivativeproductsatits
refinery established in West Sulawesi. These palm oil derivative products are aimed to
satisfythedemandsoftheexportmarket.
AsoneofthelargestoilpalmplantationsinIndonesiawhichhasbeenoperatingfor35
years, PT Astra Agro Lestari Tbk (Perseroan) may be considered as role model in
managing oil palm estates. Moreover, through a partnership model with the
communities,boththroughaplasmaprogramandIncomeGeneratingActivities(IGA),the
Companywasabletorealizeitsvisiontobecomealeadingcompanyandcontributetothe
developmentandprosperityofthenation.
PTAstraInternationalTbk.istheparententityoftheCompany,whereasJardineMatheson
HoldingsLtd,incorporatedinBermuda,isitsultimateparententity.AsofJune30th,2016,
theCompanyandsubsidiarieshad36,584permanentemployees.
August 2016
Disclaimer:
The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or
of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be
by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any
advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
AALI AstraAgroLestariTbk.[S]
As of 29 July 2016
Main Board
Industry Sector : Agriculture (1)
Industry Sub Sector : Plantation (12)
Individual Index
:
Listed Shares
:
Market Capitalization :
1,177.943
1,924,688,333
27,907,980,828,500
COMPANY HISTORY
Established Date
: 03-Oct-1988
Listing Date
: 09-Dec-1997
Under Writer IPO :
PT ABN AMRO Hoare Govett Indonesia
Securities Administration Bureau :
PT Raya Saham Registra
Plaza Central Building 2nd Fl.
Jln. Jend. Sudirman Kav. 47-48, Jakarta 12930
Phone : (021) 252-5666
Fax
: (021) 252-5028
BOARD OF COMMISSIONERS
1. Prijono Sugiarto
2. Anugerah Pekerti *)
3. Chiew Sin Cheok
4. Johannes Loman
5. Soemadi Djoko Moerdjono Brotodiningrat *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Widya Wiryawan
2. Bambang Palgoenadi
3. Jamal Abdul Nasser
4. Joko Supriyono
5. Juddy Arianto
6. Rudy
AUDIT COMMITTEE
1. Soemadi Djoko Moerdjono Brotodiningrat
2. Juliani Eliza Syaftari
3. Ratna Wardhani
CORPORATE SECRETARY
Rudy Limardjo
HEAD OFFICE
Jln. Pulo Ayang Raya Blok OR - I
Kawasan Industri Pulogadung
Jakarta 13930
Phone : (021) 461-6555
Fax
: (021) 461-6682, 461-6689
Homepage
Email
: www.astra-agro.co.id
: Investor@astra-agro.co.id
1,533,682,440 :
391,005,893 :
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1997
1998
1998
1999
1999
2000
2001
2002
2003
2004
2004
2005
2006
2006
2007
2007
2008
2008
2009
2009
2010
2010
2011
2011
2012
2012
2013
2013
2014
2014
Shares
Dividend
37.00
60.00
25.00
5:1
45.00
7.00
10.00
60.00
90.00
100.00
150.00
325.00
95.00
230.00
190.00
625.00
350.00
155.00
220.00
685.00
190.00
640.00
300.00
695.00
230.00
455.00
160.00
515.00
244.00
716.00
Cum Date
22-Jun-98
29-Oct-98
27-May-99
27-May-99
31-May-00
07-Jun-01
18-Jun-02
05-Jun-03
04-Jun-04
06-Dec-04
06-Jun-05
12-May-06
17-Oct-06
11-Jun-07
19-Oct-07
16-Jun-08
23-Oct-08
04-Jun-09
30-Oct-09
08-Jun-10
26-Oct-10
20-May-11
24-Oct-11
08-May-12
16-Oct-12
15-May-13
02-Oct-13
09-May-14
09-Oct-14
21-Apr-15
Recording
Date
01-Jul-98
09-Nov-98
08-Jun-99
08-Jun-99
12-Jun-00
13-Jun-01
24-Jun-02
10-Jun-03
09-Jun-04
09-Dec-04
09-Jun-05
17-May-06
20-Oct-06
14-Jun-07
24-Oct-07
19-Jun-08
28-Oct-08
09-Jun-09
04-Nov-09
11-Jun-10
29-Oct-10
25-May-11
27-Oct-11
14-May-12
19-Oct-12
20-May-13
07-Oct-13
14-May-14
14-Oct-14
24-Apr-15
Ex Date
23-Jun-98
30-Oct-98
28-May-99
28-May-99
02-Jun-00
08-Jun-01
19-Jun-02
06-Jun-03
07-Jun-04
07-Dec-04
07-Jun-05
15-May-06
18-Oct-06
12-Jun-07
22-Oct-07
17-Jun-08
24-Oct-08
05-Jun-09
02-Nov-09
09-Jun-10
27-Oct-10
23-May-11
25-Oct-11
09-May-12
17-Oct-12
16-May-13
03-Oct-13
12-May-14
10-Oct-14
22-Apr-15
79.68%
20.32%
Payment
Date
20-Jul-98
23-Nov-98
05-Jul-99
05-Jul-99
26-Jun-00
27-Jun-01
04-Jul-02
24-Jun-03
23-Jun-04
23-Dec-04
23-Jun-05
01-Jun-06
10-Nov-06
25-Jun-07
02-Nov-07
30-Jun-08
11-Nov-08
23-Jun-09
11-Nov-09
25-Jun-10
12-Nov-10
09-Jun-11
10-Nov-11
29-May-12
05-Nov-12
03-Jun-13
23-Oct-13
30-May-14
28-Oct-14
15-May-15
F/I
F
I
F
B
F
F
F
F
F
I
F
F
I
I
I
F
I
F
I
F
I
F
I
F
I
F
I
F
I
F
ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Type of Listing
First Issue
Company Listing
Bonus Shares
Option Conversion
Option Conversion I & II
Option Conversion II
Option Conversion I
Option Conversion II & III
Option Conversion III
Right Issue I
Shares
125,800,000
1,132,200,000
251,600,000
12,005,000
5,494,500
18,108,500
162,000
9,856,500
19,518,500
349,943,333
T:
T:
T:
T:
T:
T:
T:
T:
Listing
Date
09-Dec-97
09-Dec-97
06-Jul-99
22-Apr-02
10-Jun-02
02-Jul-02
14-Jan-03
14-Jan-04
15-Jan-04
17-Jun-16
:
:
:
:
:
:
:
:
Trading
Date
09-Dec-97
21-Jul-98
06-Jul-99
07-Jun-02
22-Jan-03
18-May-04
31-Jan-03
23-Apr-04
13-May-05
24-Jun-16
AALI AstraAgroLestariTbk.[S]
Closing
Price*
Volume
(Mill. Sh)
30,000
40.0
26,250
35.0
22,500
30.0
18,750
25.0
15,000
20.0
11,250
15.0
7,500
10.0
3,750
5.0
Jan-12
Jan-13
Jan-14
Jan-15
Jan-16
30%
15%
-15%
-18.7%
-30%
-60%
Jan 13
Jan 14
Jan 15
Jan 16
SHARES TRADED
2012
2013
2014
2015
Jul-16
268
5,693
126
246
388
7,542
167
244
439
10,816
436
242
355
7,681
391
244
379
5,902
288
140
24,000
17,800
19,700
18,771
25,750
13,100
25,100
23,917
29,850
19,250
24,250
23,107
27,525
14,425
15,850
15,103
19,550
13,775
14,500
14,500
21.94
15.46
3.85
15.62
19.34
3.41
40.32
-6.37
2.13
20.11
9.28
1.94
Price (Rupiah)
High
Low
Close
Close*
Freq.
Volume
Value
Month
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
High
22,550
23,000
23,350
23,750
21,700
22,000
24,000
23,300
23,400
22,100
21,300
19,750
Low
20,550
20,300
18,500
21,000
18,000
19,150
20,100
21,250
19,350
20,200
17,950
17,800
Close
20,600
22,300
23,350
21,400
20,450
20,050
23,000
22,300
21,950
20,950
18,000
19,700
(X)
10,520
10,953
11,605
10,260
12,047
13,159
9,547
5,828
14,218
8,856
7,904
10,801
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
20,850
19,300
19,200
18,700
19,500
21,000
19,900
19,800
21,750
21,300
23,400
25,750
18,750
18,250
17,850
17,300
16,900
17,800
15,500
13,100
18,350
18,500
18,050
22,250
18,850
18,450
18,500
17,700
19,500
19,700
15,550
19,750
19,500
18,600
22,250
25,100
10,591
11,374
15,207
10,808
16,961
17,880
13,025
19,132
15,471
10,945
12,858
12,429
20,796
33,001
36,954
21,488
35,698
42,231
21,333
37,761
52,971
21,638
35,024
28,622
409,347
622,045
678,998
388,219
646,786
814,363
370,322
640,710
1,097,030
435,579
759,116
679,065
21
20
19
22
22
19
23
17
21
21
20
19
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
25,800
25,750
27,900
29,475
29,850
29,350
28,175
26,700
26,050
23,500
25,450
24,550
20,650
21,250
24,400
25,125
26,600
26,050
25,600
25,500
22,775
19,250
22,775
22,350
21,475
25,500
26,000
29,400
27,325
28,175
26,700
25,500
23,000
23,500
24,000
24,250
44,874
32,016
42,550
36,774
32,492
26,838
36,013
30,897
36,936
49,512
32,960
33,746
40,059
37,535
37,625
29,006
30,003
28,216
35,895
41,565
42,691
57,643
31,250
27,072
875,810
879,827
991,848
788,587
842,728
770,842
954,698
1,087,452
1,018,059
1,222,233
749,632
634,605
20
20
20
20
18
21
18
20
22
23
20
20
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
26,150
26,500
26,525
24,300
27,525
25,850
26,000
20,850
18,750
22,100
21,000
18,150
23,150
23,275
23,150
19,500
20,050
21,325
19,675
14,425
14,800
18,025
16,950
15,375
23,250
24,650
24,300
20,350
24,800
22,950
20,075
17,125
18,125
19,900
16,950
15,850
27,912
29,712
26,722
26,871
33,350
32,679
30,222
28,690
36,232
55,619
32,399
30,614
24,553
29,124
25,084
28,559
38,857
24,454
23,184
22,867
30,935
53,626
29,531
24,679
601,935
726,319
637,986
638,079
974,137
576,705
550,225
412,376
544,607
1,054,439
555,340
408,397
21
19
22
21
19
21
19
20
21
21
21
19
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
17,450
19,550
18,300
18,250
16,275
16,250
15,700
15,600
14,000
14,800
15,700
13,825
13,775
14,000
17,075
14,850
18,200
16,100
14,150
14,700
14,500
35,425
52,893
49,171
34,829
35,764
50,168
29,563
32,255
56,987
45,802
29,650
71,927
90,733
51,399
535,544
949,953
768,571
489,398
1,044,949
1,353,438
759,717
20
20
21
21
20
22
16
21
21
21
20
21
21
22
19
20
22
20
18
-30.7%
-45%
Jan 12
Closing Price
Day
TRADING ACTIVITIES
12.64
PER (X)
33.17
PER Industry (X)
3.31
PBV (X)
* Adjusted price after corporate action
AALI AstraAgroLestariTbk.[S]
Financial Data and Ratios
Public Accountant : Tanudiredja, Wibisana, Rintis & Rekan (Member of PricewaterhouseCoopers Global Network)
BALANCE SHEET
Dec-12
Dec-13
Dec-14
Dec-15
Jun-16
227,769
709,090
611,181
294,441
3,285,860
Assets
Receivables
50,068
20,554
47,451
88,026
180,113
Inventories
1,249,050
802,978
1,278,120
1,691,575
1,558,357
Current Assets
1,780,395
1,691,694
2,403,615
2,814,123
5,900,225
Fixed Assets
4,918,673
6,493,712
8,335,003
9,361,731
9,595,179
150,998
422,305
403,741
324,410
380,024
Other Assets
Total Assets
20.49%
Growth (%)
Current Liabilities
Long Term Liabilities
Total Liabilities
24.02%
15,750
10,500
18.11%
5,250
-
3,759,265
4,110,955
3,522,133
3,324,755
453,869
941,812
2,614,621
6,291,451
5,660,178
3,054,409
4,701,077
6,725,576
9,813,584
8,984,933
53.91%
43.06%
45.91%
-8.44%
2,000,000
2,000,000
2,000,000
2,000,000
2,000,000
787,373
787,373
787,373
787,373
481,172
1,575
1,575
1,575
1,575
962
500
500
500
500
500
Growth (%)
21,000
15.91%
2,600,540
Liabilities
26,250
2012
2013
2014
2015
Jun-16
8,158,203
Total Equity
INCOME STATEMENTS
Total Revenues
15.30%
-1.14%
Dec-13
Dec-14
Dec-15
Jun-16
6,344,601
Dec-12
9.60%
Growth (%)
28.65%
40.38%
-19.91%
7,206,837
8,592,003 11,352,975
9,977,118
5,010,331
4,357,482
4,082,996
4,952,856
3,082,098
1,334,270
832,589
1,484,383
1,271,019
1,906,585
254,765
Growth (%)
2014
2015
6,372
3,022
2013
Jun-16
12,979
3,524,893
2,598,613
3,681,837
1,175,513
1,079,505
Tax
1,004,627
694,729
1,059,765
479,829
264,623
2,520,266
1,903,884
2,622,072
695,684
814,882
-24.46%
37.72%
-73.47%
11,699
9,723
2012
Gross Profit
Operating Profit
9,365
11,834
10,263
-328
Cost of Revenues
Expenses (Income)
13,073
9.59%
Growth (%)
16,423
16,423
Growth (%)
11,564
13,059
12,675
9,653
6,345
6,327
3,000
Period Attributable
2,410,259
1,802,193
2,504,467
619,107
792,139
Comprehensive Income
2,453,654
1,937,046
2,585,442
689,403
820,232
Comprehensive Attributable
2,346,203
1,834,662
2,468,849
612,292
797,336
Dec-12
Dec-13
Dec-14
Dec-15
Jun-16
68.46
45.00
58.47
79.90
177.46
685.00
675.00
960.00
EPS (Rp)
1,530.57
1,144.43
1,590.40
393.15
823.13
BV (Rp)
5,947.26
6,517.47
7,514.73
7,429.00
17,065.96
DAR (X)
0.25
0.31
0.36
0.46
0.35
DER(X)
0.33
0.46
0.57
0.84
0.55
ROA (%)
20.29
12.72
14.13
3.23
3.21
ROE (%)
26.91
18.55
22.16
5.95
4.96
GPM (%)
37.68
32.21
30.37
23.60
21.03
OPM (%)
NPM (%)
21.79
15.02
16.08
5.33
12.84
44.75
58.98
60.36
3.48
2.69
3.96
RATIOS
Current Ratio (%)
Dividend (Rp)
Yield (%)
-326
2012
2013
2014
2015
Jun-16
2,520
2,622
1,904
2,087
1,552
696
1,017
815
482
-52
2012
2013
2014
2015
Jun-16