PT.

Fast Food Indonesia Tbk

Profit Loss Projection Comprehensive (incl 40 outlet expansion)
FY 2017-2019
(Expressed in Thousands of Indonesian Rupiah,
Unless Otherwise Stated)

ACTUAL FORECAST
FY 2016 FY 2017
REVENUE 4,883,307,267 6,452,637,994
COGS (1,829,228,917) (2,516,528,818)
GROSS PROFIT 3,054,078,350 3,936,109,176

Selling & Distribution expenses (2,373,915,450) (2,472,634,444)

General & Adm expenses (497,059,776) (517,055,917)
Others Operational expenses (5,048,737) (5,474,311)

Others Operational Income 39,997,500 40,397,475

OPERATING PROFIT 218,051,887 981,341,980

Finance Income 34,362,001 34,705,621

Final Tax on Finance Income (6,872,400) (6,941,124)
Finance Costs (19,175,864) (27,393,450)

PROFIT BEFORE TAX 226,365,624 981,713,026

Income Tax Expense (53,760,084) (245,428,257)

PROFIT FOR THE YEAR 172,605,540 736,284,770

Other Comprehensive Income

Item that will not reclassified to profit or loss:
Remeasurement gain/(loss) on
defined benefit plans (32,545,481) (37,427,303)
Related Income Tax 8,136,370 9,356,826

Other comprehensive income (24,409,111) (28,070,477)

for the year, net of tax

TOTAL COMPREHENSIVE 148,196,429 708,214,292

INCOME FOR THE YEAR

BASIC EARNINGS PER SHARE 87 351

(full amount)
Shares Outstanding 1,995,138,579 2,095,138,579

Detail Investment Expansi 40 outlet

Total Investasi Rp 300 M

Fixed Asset 3,514,000,000

Land (BOT) 2,200,000,000
- Purchase 2,200,000,000

Building : 800,000,000
- Construction 500,000,000
- Architecture 50,000,000
- Floor 150,000,000
- Infrastructure 100,000,000

Machine/Kitchen Equipment : 438,000,000

- Chicken Frying (4 pcs) 80,000,000
- Potatoes Frying (3 pcs) 30,000,000
- Soup Bowl (2 pcs) 4,000,000
- Rice Cooker (3 pcs) 9,000,000
- Ice Cream Freezer (1 pcs) 20,000,000
- Drinks Container (1 set) 15,000,000
- Display Machine (1 set) 50,000,000
- Table (2 set) 50,000,000
- Kitchen Set (1 set) 100,000,000
- Raw Material Freezer (1 set) 50,000,000
- Chili/Tomatoes Container (1 set) 5,000,000
- Cash Register 25,000,000 5 Cash Register (2 inside, 1 Drive Thru, 2 Backu

Store Equipment 76,000,000

- Table for Guest (20 table/outlet) 40,000,000
- Chair for Guest (4 set/table) 24,000,000
- Table for Manager (back office) 5,000,000
- Chair for Manager (back office) 2,000,000
Umbrella (outside/smoking area)
- Umbrella (5 table outside/smoking area) 5,000,000

Kitchen Supplies (eat at side) 68,750,000

- Plate (200) 4,000,000
- Bowl (soup display, 200) 4,000,000
- Tray (200) 6,000,000
- Drinks Glass Paper 36,500,000 Guest Trafic : 200 people x 2 pcs x Rp 250 x 365
- Straw 7,300,000 Guest Trafic : 200 people x 2 pcs x Rp 50 x 365
- Spoon 10,950,000 Guest Trafic : 200 people x 2 pcs x Rp 75 x 365
Selling and Distribution Expenses: 1,023,000,000
- Francise Service 100,000,000
- Promotion and Selling 20,000,000
- Electricity, Telephone and Water 50,000,000
- Freight 10,000,000
- Repair & Maintenance 10,000,000
- Post Employee Benefit 20,000,000
- Traveling 10,000,000
- Others (take away/delivery supplies)
a. Cardboard 200,750,000 Guest Take Away & Delivery : 550 people x 2 pc
b. Rice Paper 10,037,500 Guest Take Away & Delivery : 550 people x 2 pc
c. Plastics 40,150,000 Guest Take Away & Delivery : 550 people x 2 pc
d. Straw 20,075,000 Guest Take Away & Delivery : 550 people x 2 pc
e. Drinks Glass Paper 100,375,000 Guest Take Away & Delivery : 550 people x 2 pc
f. Spoon 30,112,500 Guest Take Away & Delivery : 550 people x 2 pc
g. Chili/Tomato Sauce 401,500,000 Guest Take Away & Delivery : 550 people x 4 pc

Human Resources: 2,280,625,600

- Recruitment & Selection 25,000,000
- Compensation and Benefit :
a. Basic Salary 1,764,000,000 UMR x jumlah TK (all shift), average UMR Rp 3.
b. BPJS Jaminan Hari Tua (JHT) 65,268,000 3.7% (rate pemberi kerja) x Basic Salary
c. BPJS Jaminan Kecelakaan Kerja (JKK) 9,525,600 0.54% (tingkat risiko rendah) x Basic Salary
d. BPJS Jaminan Kematian (JKM) 5,292,000 0.3% x Basic Salary
e. BPJS Pensiun 35,280,000 2% (rate pemberi kerja) x Basic Salary
f. BPJS Kesehatan 70,560,000 4% (rate pemberi kerja) x Basic Salary
g. Reward: Umroh 225,000,000 Average Umroh Fee Rp 25 mio x 3 employee
- Training and Development
a. New Employee Training 42,000,000 42 people x Rp 1.000.000/pack (period : 25 day
b. K3 Training 12,600,000 42 people x Rp 300.000/pack (period : 3 days)
c. Kitchen Training 6,000,000 12 people x Rp 500.000/pack (period : 10 days
d. Greating Training 7,500,000 30 people x Rp 250.000/pack (period : 3 days)
e. Development Training 12,600,000 42 people x Rp 300.000/pack (period : 3 days/y

Business Development: 25,000,000

- Create new menu Spicy Wings :
a. Research and Development 10,000,000
b. Supplier channel/distribution 15,000,000

Channel/Distribution: 365,000,000
- Partner with Nestle 365,000,000 200 people x Rp 5.000 x 365
(for drinks supply)

Technology & Operation: 223,624,400

- Features and View Development at KFC Mobile 30,000,000
- Maintenance 10,000,000
- KFC Epay (KFC Eazy Pay) Development 25,000,000
- Point and Loyalty Program 25,000,000
- Cashless Infrastructure (cooperation w/ Bank) 15,000,000 50:50 share with Bank for Infrastructure
- Provider (Telkomsel-Tcash, XL, Indosat) 20,000,000
- Wifi Insfrastructure 30,000,000
- Server Infrastructure 50,000,000
- Software License ( Cash Register) 10,000,000 5 cash register x Rp 2 mio
- Software License (SIA) 5,000,000 1 system (back office)
- Others 3,624,400

Total Investment per outlet 7,500,000,000

Total Outlet Expansion 40

TOTAL INVESTMENT 300,000,000,000

FORECAST SALES/YEAR
Revenue
-Eat at side (makan di tempat) 4,600,000,000 Average Spending Rp 50.000/people (weekday
Guest Traffic : Average Spending Rp 100.000/people (weeken
a. 07.00-10.00 15 Asumsi :
b. 10.01-13.00 50 - 270 days weekdays
c. 13.01-16.00 35 - 95 days weekend
d. 16.01-19.00 50
e. 19.01-22.00 25
f. 22.01-01.00 15
g. 01.01-03.00 5
h. 03.01-07.00 5
Total Guest Traffic 200

- Take Away (dibawa pulang) 8,625,000,000 Average Spending Rp 75.000/people (weekday

Guest Traffic : Average Spending Rp 150.000/people (weeken
a. 07.00-10.00 10 Asumsi :
b. 10.01-13.00 70 - 270 days weekdays
c. 13.01-16.00 30 - 95 days weekend
d. 16.01-19.00 40
e. 19.01-22.00 60
f. 22.01-01.00 20
g. 01.01-03.00 10
h. 03.01-07.00 10
Total Guest Traffic 250

- Delivery 13,800,000,000 Average Spending Rp 100.000/people (weekda

Guest Traffic : Average Spending Rp 200.000/people (weeken
a. 07.00-10.00 15 Asumsi :
b. 10.01-13.00 40 - 270 days weekdays
c. 13.01-16.00 50 - 95 days weekend
d. 16.01-19.00 50 Delivery T&C :
e. 19.01-22.00 50 - Max 5 km radius services
f. 22.01-01.00 50 - Max delivery time 10-15 minutes
g. 01.01-03.00 20 - 4 personel delivery services, max 50 delivery/
h. 03.01-07.00 25
Total Guest Traffic 300

TOTAL REVENUE/YEAR 27,025,000,000

Total Outlet Expansion 40

TOTAL REVENUE (EXPANSION PROJECT) 1,081,000,000,000 1,081,000,000

RETURN ON INVESTMENT (ROI) 260.33 % (Jumlah Penjualan-Jumlah Investasi)/Jumla

outlet expansion)

n Rupiah,

FORECAST
FY 2018 FY 2019
7,097,901,793 8,162,587,062
(2,839,160,717) (3,346,660,695)
4,258,741,076 4,815,926,367

(2,596,266,165.78) (2,752,042,136)
(542,908,712.89) (575,483,236)
(5,748,026.42) (6,092,908)

40,801,450 41,209,464

1,154,619,620 1,523,517,551

35,052,677 35,403,204
(7,010,535) (7,080,641)
(30,132,795) (33,146,075)

1,152,528,967 1,518,694,040

(288,132,242) (379,673,510)

864,396,725 1,139,020,530

(43,041,399) (49,497,608)
10,760,350 12,374,402

(32,281,049) (37,123,206)

832,115,676 1,101,897,323

413 544
 2,095,138,579 2,095,138,579

Depreciation Exp :
- Building 40,000,000 20 years
- Machine 54,750,000 8 years
- Store Equipment 19,000,000 4 years
113,750,000

er (2 inside, 1 Drive Thru, 2 Backup)

200 people x 2 pcs x Rp 250 x 365 days

200 people x 2 pcs x Rp 50 x 365 days
200 people x 2 pcs x Rp 75 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 500 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 25 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 100 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 50 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 250 x 365 days
way & Delivery : 550 people x 2 pcs x Rp 75 x 365 days
way & Delivery : 550 people x 4 pcs x Rp 500 x 365 days

h TK (all shift), average UMR Rp 3.5 mio

mberi kerja) x Basic Salary
t risiko rendah) x Basic Salary

beri kerja) x Basic Salary

beri kerja) x Basic Salary
oh Fee Rp 25 mio x 3 employee

p 1.000.000/pack (period : 25 days)

p 300.000/pack (period : 3 days)
p 500.000/pack (period : 10 days)
p 250.000/pack (period : 3 days)
p 300.000/pack (period : 3 days/year)

Rp 5.000 x 365
with Bank for Infrastructure

r x Rp 2 mio

ding Rp 50.000/people (weekdays)

ding Rp 100.000/people (weekend)

ding Rp 75.000/people (weekdays)

ding Rp 150.000/people (weekend)

ding Rp 100.000/people (weekdays)

ding Rp 200.000/people (weekend)
 dius services
y time 10-15 minutes
delivery services, max 50 delivery/3 hours

(in thousands rupiah)

njualan-Jumlah Investasi)/Jumlah Investasi x 100%

Asumsi Forecast P/L :
Description FY 2017
- Sales FY 2016 + Mark up 10% + Expansion
- COGS 39% from Sales
- Selling & Distribution Expenses FY 2016 + Mark up 4% + Selling,HR,Kitchen Supplies,
Bussiness Development, Channel/Dist Expansion Exp
- General & Adm Expenses FY 2016 + Mark up 4% + Depr Exp Asset for Expansion
- Others Operational Expenses FY 2016 + Mark up 4% + Techonology Expansion Exp
- Others Operational Income FY 2016 + Mark up 1%
- Finance Income FY 2016 + Mark up 1%
- Final Tax on Finance Income 20% from Finance Income
- Finance Costs FY 2016 mark up 10% + Interest Exp for expansion
- Income Tax Expense Refer to FY 2016 (PSAK 46 method)
- Item that will not reclassified to profit or loss: Refer to FY 2016 (PSAK 24 method)
Remeasurement gain/(loss) on
defined benefit plans
- Related Income Tax Refer to defined benefit plans FY 2017
 FY 2018 FY 2019
Sales FY 2017 + Mark up 10% Sales FY 2018 + Mark up 15%
40% from Sales 41% from Sales
FY 2017 + Mark up 5% FY 2018 + Mark up 6%

FY 2017 + Mark up 5% FY 2018 + Mark up 6%

FY 2017 + Mark up 5%
FY 2017 + Mark up 1%
FY 2017 + Mark up 1%
20% from Finance Income
Refer to FY 2017 mark up 10%
Refer to FY 2017 (PSAK 46 method)
Refer to FY 2017 (PSAK 24 method)
FY 2018 + Mark up 6%
FY 2018 + Mark up 1%
FY 2018 + Mark up 1%
20% from Finance Income
Refer to FY 2018 mark up 10%
Refer to FY 2018 (PSAK 46 method)
Refer to FY 2018 (PSAK 24 method)

Refer to defined benefit plans FY 2018 Refer to defined benefit plans FY 2018
Investment Strategy
for 40 outlet expansion

Total Investment Fund need 300,000,000,000

Investment Strategy :
- Issued @Rp1.500/share x 100.000.000 shares 150,000,000,000
- Investor (Local & Overseas) 90,000,000,000
- Bank Loan 60,000,000,000

Interest Expense :
- 10.5%/year (Local Bank), 1 year period 6,300,000,000
50% on Issued Common Stock Shares 100,000,000 shares
30% on Investor
20% on Banking Loan

6,300,000