AMAG Asuransi Multi Artha Guna Tbk.

COMPANY REPORT : JANUARY 2014 As of 30 January 2014

Development Board Individual Index : 195.238
Industry Sector : Finance (8) Listed Shares : 2,901,279,085
Industry Sub Sector : Insurance (84) Market Capitalization : 594,762,212,425
301 | 0.59T | 0.01% | 99.00%

201 | 0.23T | 0.02% | 98.81%

COMPANY HISTORY SHAREHOLDERS (January 2014)

Established Date : 14-Nov-1980 1. Panin Insurance Tbk. 928,293,693 : 32.00%
Listing Date : 23-Dec-2005 2. Dana Pensiun Karyawan Panin Bank 394,566,500 : 13.60%
Under Writer IPO : 3. Bank Pan Indonesia Tbk. 388,000,000 : 13.37%
PT Evergreen Capital 4. DBS Bank Ltd S/A Pemberton Asian Opportunities 155,000,000 : 5.34%
PT Panca Global Securities 5. Public (<5%) 1,035,418,892 : 35.69%
Securities Administration Bureau :
PT Blue Chip Mulia DIVIDEND ANNOUNCEMENT
Bina Mulia Building I, 4th Fl. Bonus Cash Recording Payment
F/I
Jln. H.R. Rasuna Said Kav. 10, Jakarta 12950 Year Shares Dividend Cum Date Ex Date Date Date
Phone : (021) 520-1928, 1983, 1993, 1989 2010 10.00 22-Jul-11 25-Jul-11 27-Jul-11 10-Aug-11 F
Fax : (021) 520-1924 2011 10.00 23-Jul-12 24-Jul-12 26-Jul-12 09-Aug-12 F
2012 12.00 23-Jul-13 24-Jul-13 26-Jul-13 16-Aug-13 F
BOARD OF COMMISSIONERS
1. Aries Liman *) ISSUED HISTORY
2. Syamsul Hidayat Listing Trading
3. Tri Hananto Sapto Anggoro *) No. Type of Listing Shares Date Date
*) Independent Commissioners 1. First Issue 240,000,000 23-Dec-05 23-Dec-05
2. Company Listing 960,000,000 23-Dec-05 20-Aug-06
BOARD OF DIRECTORS 3. Warrant I 18,742,000 20-Jun-07 20-Jun-07
1. Linda Juliana J.L Delhaye 4. Warrant I 50,000 11-May-10 11-May-10
2. Dedi Setiawan 5. Warrant I 366,000 24-Jun-10 24-Jun-10
3. Ratnawati Atmodjo 6. Warrant I 50,000 14-Jul-10 14-Jul-10
7. Warrant I 98,500 12-Aug-10 12-Aug-10
AUDIT COMMITTEE 8. Warrant I 37,500 27-Aug-10 27-Aug-10
1. Tri Hananto Sapto Anggoro 9. Warrant I 100,000 06-Sep-10 06-Sep-10
2. Antonius Triwahyudi 10. Warrant I 3,256,000 04-Oct-10 04-Oct-10
3. Santo Lionto 11. Warrant I 6,000,000 12-Oct-10 12-Oct-10
12. Warrant I 150,000 22-Oct-10 22-Oct-10
CORPORATE SECRETARY 13. Warrant I 200,000 27-Oct-10 27-Oct-10
Deddy Setiawan 14. Warrant I 70,000 08-Nov-10 08-Nov-10
15. Warrant I 240,000 10-Nov-10 10-Nov-10
HEAD OFFICE 16. Warrant I 1,400,000 18-Nov-10 18-Nov-10
The City Centre Tower One, 17h Fl. 17. Warrant I 3,389,500 25-Nov-10 25-Nov-10
Jln. K.H. Mas Mansyur Kav. 126 18. Warrant I 2,105,000 01-Dec-10 01-Dec-10
Jakarta Pusat - 10220 19. Warrant I 4,950,000 13-Dec-10 13-Dec-10
Phone : (021) 270-0590, 270-0600 20. Warrant I 101,850,987 17-Dec-10 17-Dec-10
Fax : (021) 725-0223, 720-5714 21. Warrant I 93,589,393 27-Dec-10 27-Dec-10
22. Right Issue 1,436,644,880 31-Oct-11 31-Oct-11
Homepage : www.mag.co.id 23. Warrant I 228 14-Aug-12 14-Aug-12
Email : deddy@mag.co.id 24. Warrant I 396 25-Oct-12 25-Oct-12
25. Warrant I 166 30-Nov-12 30-Nov-12
26. Warrant I 7,165 15-Feb-13 15-Feb-13
27. Warrant II 500,000 01-Mar-13 01-Mar-13
28. Warrant II 114,000 06-Mar-13 06-Mar-13
29. Warrant II 11,833,500 20-Mar-13 20-Mar-13
30. Warrant II 2,250,000 01-Apr-13 01-Apr-13
31. Warrant II 25,000 09-Apr-13 09-Apr-13
32. Warrant II 9,819,166 24-Apr-13 24-Apr-13
33. Warrant II 2,782,500 17-May-13 17-May-13
34. Warrant II 163,500 05-Jun-13 05-Jun-13
35. Warrant II 305 28-Jun-13 28-Jun-13
36. Warrant II 400,000 15-Jul-13 15-Jul-13
37. Warrant II 66 13-Aug-13 13-Aug-13
38. Warrant II 61,500 03-Sep-13 03-Sep-13
39. Warrant II 31,000 09-Oct-13 09-Oct-13
40. Warrant II 833 30-Jan-14 30-Jan-14
 AMAG Asuransi Multi Artha Guna Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Asuransi Multi Artha Guna Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2010 - January 2014 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
380 160 Jan-10 102 91 95 930 9,476 921 20
Feb-10 99 91 94 180 3,228 302 19
333 140 Mar-10 103 91 101 1,625 15,318 1,514 21
Apr-10 135 101 132 2,232 29,770 3,337 21
May-10 136 101 107 1,288 19,563 2,451 19
285 120
Jun-10 133 101 121 1,575 15,343 1,914 22
Jul-10 129 115 129 576 6,006 724 21
238 100
Aug-10 137 115 125 243 16,016 1,995 20
Sep-10 130 120 125 414 10,273 1,275 17
190 80
Oct-10 147 125 135 1,918 27,816 3,756 21
Nov-10 162 127 152 5,057 101,805 15,032 21
143 60 Dec-10 160 140 144 3,349 56,220 8,433 20

95 40 Jan-11 150 133 138 569 16,092 2,288 21

Feb-11 146 133 138 416 6,918 969 16
48 20 Mar-11 142 129 136 825 9,379 1,252 23
Apr-11 165 135 161 1,893 35,100 5,420 20
May-11 315 160 265 8,763 325,567 85,137 21
Jun-11 290 210 240 3,779 102,973 25,667 20
Jan-10 Jan-11 Jan-12 Jan-13 Jan-14
Jul-11 305 235 295 6,091 220,085 60,390 21
Aug-11 395 225 230 13,236 565,947 182,087 19
Sep-11 245 146 157 3,239 94,596 18,400 20
Closing Price*, Jakarta Composite Index (IHSG) and Oct-11 205 140 173 19,037 735,507 129,671 21
Finance Index Nov-11 187 149 152 6,242 201,174 35,007 22
January 2010 - January 2014 Dec-11 159 144 147 3,987 120,076 18,113 21
315%
Jan-12 187 146 161 7,691 258,246 42,964 21
270% Feb-12 180 158 164 5,352 144,278 24,537 21
Mar-12 167 158 164 1,682 36,967 6,008 21
225% Apr-12 185 158 173 9,127 226,518 38,283 20
May-12 180 154 157 2,920 111,963 18,853 21
180% Jun-12 162 147 161 1,256 50,394 7,784 21
Jul-12 178 158 168 3,057 76,957 12,987 22
Aug-12 184 160 169 2,448 71,233 12,579 19
135%
Sep-12 173 160 161 1,218 45,368 7,481 20
113.5%
Oct-12 182 155 174 2,930 134,957 22,496 22
90% 87.8%
Nov-12 240 172 230 9,031 269,393 54,887 20
71.6%
Dec-12 270 210 230 3,322 106,075 25,543 18
45%

Jan-13 280 230 260 4,024 110,564 28,471 21

- Feb-13 310 245 305 2,437 74,209 20,634 20
Mar-13 325 295 300 1,256 33,177 10,137 19
-45% Apr-13 315 260 300 1,946 38,677 11,054 22
Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 May-13 320 275 275 1,802 40,507 11,903 22
Jun-13 285 235 265 2,006 52,948 13,570 19
Jul-13 290 240 270 996 20,479 5,376 23
SHARES TRADED 2010 2011 2012 2013 Jan-14 Aug-13 275 200 235 629 15,000 3,631 17
Volume (Million Sh.) 311 2,433 1,532 527 5 Sep-13 245 210 220 1,198 48,343 10,699 21
Value (Billion Rp) 42 564 274 136 1.0 Oct-13 255 205 230 1,694 44,988 10,401 21
Frequency (Thou. X) 19 68 50 19 0.3 Nov-13 230 199 205 411 39,503 8,565 20
Days 242 245 246 244 20 Dec-13 220 190 198 397 8,562 1,731 19

Price (Rupiah) Jan-14 215 190 205 330 4,870 965 20

High 162 395 270 325 215
Low 91 129 146 190 190
Close 144 147 230 198 205
Close* 144 147 230 198 205

PER (X) 3.48 4.79 4.25 4.66 3.89

PER Industry (X) 16.00 6.61 6.58 17.01 16.26
PBV (X) 0.59 0.66 0.86 0.71 0.69
* Adjusted price after corporate action
 AMAG Asuransi Multi Artha Guna Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Osman Bing Satrio & Eny (Member of Deloitte Touche Tohmatsu Limited)

BALANCE SHEET Dec-09 Dec-10 Dec-11 Dec-12 Sep-13 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Total Investment 463,403 609,483 63,656 64,109 64,600 1,500

Cash on hand and in Banks 8,929 11,318 9,602 5,594 5,333

1,200
Premium Receivables 8,839 8,389 7,175 18,061 30,177
Reinsurance Receivables 971 296 358 3,361 4,694
900
Other Receivable - - - - -
Fixed Assets 13,415 11,206 10,658 64,155 65,638
600
Other Assets 5,941 8,108 10,901 12,550 13,675
Total Assets 506,324 654,357 1,051,935 1,349,457 1,438,392 300
Growth (%) 29.24% 60.76% 28.28% 6.59%
-
Claims payable 300 33 271 2,587 442 2009 2010 2011 2012 Sep-13

Reinsurance payables 7,446 5,947 5,922 8,087 7,085

Taxes payable 4,015 7,295 9,058 5,802 17,409
Total Liabilities 234,513 303,392 415,530 584,235 626,570 TOTAL EQUITY (Bill. Rp)
Growth (%) 29.37% 36.96% 40.60% 7.25% 812
765

Authorized Capital 384,000 384,000 384,000 574,600 574,600 636

Paid up Capital 121,874 121,874 287,329 287,329 290,128
646

Paid up Capital (Shares) 1,219 1,219 2,873 2,873 2,901

481

Par Value 100 100 100 100 100 351

Retained Earnings 143,945 203,308 284,408 402,817 460,422 315
272
Total Equity 271,811 350,965 636,405 765,222 811,822
Growth (%) 29.12% 81.33% 20.24% 6.09% 149

INCOME STATEMENTS Dec-09 Dec-10 Dec-11 Dec-12 Sep-13

-16

2009 2010 2011 2012 Sep-13

Underwriting Revenues 218,326 245,649 310,718 366,570 283,866
Growth (%) 12.51% 26.49% 17.98%

UNDERWRITING REVENUES (Bill. Rp)

Underwriting Expenses 157,972 161,047 202,909 184,016 170,913
Underwriting Income 60,355 84,602 107,809 182,554 112,953 367

33,608 29,999 54,298 71,628 61,790

367

Income from Investments 311

Operating Expenses 41,694 48,921 55,088 75,313 68,119 284
292

246
Income from Operating 52,269 65,680 107,019 - - 218
Growth (%) 25.66% 62.94% -100.00% 217

Others Income 2,634 2,116 2,376 3,293 -

142

Income before Tax 54,903 67,796 109,395 172,542 103,692

Tax 5,711 8,434 13,929 25,400 11,273
67

Profit for the period 49,193 59,362 95,466 147,143 92,419 -7

Growth (%) 20.67% 60.82% 54.13% 2009 2010 2011 2012 Sep-13

Period Attributable 49,193 59,362 95,466 147,143 92,419

Comprehensive Income 49,953 58,877 88,107 155,403 76,517 PROFIT FOR THE PERIOD (Bill. Rp)
Comprehensive Attributable - - - - -
147
147

RATIOS Dec-09 Dec-10 Dec-11 Dec-12 Sep-13

Dividend (Rp) - 10.00 10.00 12.00 - 117

95 92
EPS (Rp) 40.36 48.71 33.23 51.21 31.85
223.03 287.97 221.49 266.32 279.82
87

BV (Rp)
59
DAR (X) 0.46 0.46 0.40 0.43 0.44 57
49
DER(X) 0.86 0.86 0.65 0.76 0.77
ROA (%) 9.72 9.07 9.08 10.90 6.43 27

ROE (%) 18.10 16.91 15.00 19.23 11.38

OPM (%) 23.94 26.74 34.44 - -
-3

2009 2010 2011 2012 Sep-13

NPM (%) 22.53 24.17 30.72 40.14 32.56
Payout Ratio (%) - 20.53 30.10 23.43 -
Yield (%) - 6.94 6.80 5.22 -