PT Astra International Tbk.

Automotive and Allied Products

Head Office AMDI Building Summary of Financial Statement

Jl. Raya Motor Raya No. 8
Sunter II, Jakarta 14330 (Million Rupiah)
Phone (021) 652-2555, 6530-4956 2009 2010 2011
Fax (021) 6530-4957, 651-2058/9 Total Assets 88,938,000 112,857,000 153,521,000
Current Assets 36,742,000 46,843,000 65,978,000
Website: www.astra.co.id of which
Business Automotive, Finance, Heavy Equipment, Cash and cash equivalents 8,732,000 7,005,000 13,111,000
Trade receivables 7,579,000 9,391,000 14,526,000
Agribusiness, Information Technology and
Inventories 7,282,000 10,842,000 11,990,000
Infrastructure Non-Current Assets 52,196,000 66,014,000 87,543,000
Company Status Limited Liability Company of which
Fixed Assets-Net 20,761,000 22,141,000 28,804,000
Financing Receivables 10,992,000 14,950,000 20,247,000
Financial Performance: In 2011, the Company Investments 14,140,000 18,502,000 21,113,000
booked net income amounted IDR 21.348 trillion, soaring from Other Assets 455,000 612,000 1,043,000

IDR 17.255 trillion recorded last year. Net sales increase from Liabilities 40,006,000 54,168,000 77,683,000
Current Liabilities 26,760,000 36,482,000 48,371,000
IDR129 trillion to IDR 162 trillion. of which
Brief History: PT Astra International Tbk (“Astra or Short-term debt 2,430,000 4,689,000 4,681,000
Trade payables 7,278,000 9,275,000 15,542,000
Company”) was founded in 1957 as a general trading company Current maturities
based in Jakarta, Indonesia and was initially involved in agricul- of long term-debt 8,824,000 13,114,000 16,359,000
Non-Current Liabilities 13,246,000 17,686,000 29,312,000
tural trade. Astra is now one of the largest conglomeration
Shareholders' Equity 48,974,000 58,689,000 75,838,000
business group in Indonesia. It diversified into the manufacture Share capital 2,024,000 2,024,000 2,024,000
and distribution of automobiles, heavy equipment and compo- Paid-up capital
1,106,000 1,106,000 1,106,000
nents in the late 1960s. It currently has six business divisions: Revaluation of fixed assets n.a n.a n.a
Automotive, Financial Services, Heavy Equipment, Agribusiness, Retained earnings (accumulated loss) 45,844,000 55,559,000 72,708,000

Information Technology, and Infrastructure. In addition to be- Net Sales and Revenue
Cost of Goods Sold
98,526,000
75,755,000
129,991,000
103,117,000
162,564,000
130,530,000
ing a holding company, through its own operations and those Gross Profit 22,771,000 26,874,000 32,034,000
Operating Expenses 10,015,000 12,149,000 14,202,000
of its Subsidiaries and Associates, Astra is an integrated auto- Operating Profit 12,756,000 14,725,000 17,832,000
motive business with operations ranging from automotive and Other Income (Expenses) 1,079,000 1,410,000 2,180,000
Equity Income 2,567,000 4,896,000 5,760,000
component manufacturing, distribution and after-sales services Profit (Loss) before Taxes 16,402,000 21,031,000 25,772,000
through out the country, car rental, used car sales, consumer Income Tax 2,567,000 4,896,000 5,760,000
Minority Interest 2,404,000 2,638,000 3,292,000
finance for automotive products, insurance and infrastructure. Net Profit 10,040,000 17,255,000 21,348,000
The Company has partnerships with some international auto- Per Share Data (Rp)
motive entities such as Toyota, Honda, Daihatsu, Isuzu, BMW, Earnings (Loss) per Share 2,480 4,263 5,274
Equity per Share 12,098 14,498 18,735
Peugeot and Nissan Diesel. Astra adds value to the joint ven- Dividend per Share n.a 600 n.a
tures it participates in by supplying valuable local marketing and Closing Price 34,700 54,550 74,000

product development advice as well as extensive experience in Financial Ratios

PER (x) 13.99 12.80 14.03
distribution. Over the course of its development, the Company PBV (x) 2.87 3.76 3.95
has formed strategic alliances with reputable international cor- Dividend Payout (%)
Dividend Yield (%)
n.a
n.a
14.08
1.10
n.a
n.a
porations in its efforts to expand business opportunities such as
Current Ratio (x) 1.37 1.28 1.36
Komatsu (heavy equipment), Fuji-Xerox (document solution), Debt to Equity (x) 0.82 0.92 1.02
General Electric (financial services) and CMG (life insurance). Leverage Ratio (x)
Gross Profit Margin (x)
0.45
0.23
0.48
0.21
0.51
0.20
As a public company, Astra implements corporate governance Operating Profit Margin (x) 0.13 0.11 0.11
Net Profit Margin (x) 0.10 0.13 0.13
practices in carrying out its business. The Company gives a pri- Inventory Turnover (x) 10.40 9.51 10.89
ority in social care activities in the areas of education, welfare, Total Assets Turnover (x) 1.11 1.15 1.06
ROA (%) 11.29 15.29 13.91
health and small and medium enterprises development and it ROE (%) 20.50 29.40 28.15
also actively supports community development. The Company PER = 12.82x ; PBV = 3.44x (June 2012)
became a publicly listed company on 4th April, 1990, when it Financial Year: December 31
Independent Auditor: Tanudiredja, Wibisana & Co.
listed its shares on the JSX and the SSX. Astra has a diversified
shareholder base which includes foreign shareholders with sub- (million rupiah)
stantial shareholdings. 2012 2011

Total Assets 171,481,000 136,155,000

Current Assets 75,091,000 59,994,000
Non-Current Assets 96,390,000 76,161,000
Liabilities 90,752,000 69,122,000
Shareholders' Equity 80,729,000 67,033,000
Shareholders Net Sales 95,919,000 76,264,000
Jardine Cycle & Carriage Ltd. 50.11% Profit after Taxes 11,369,000 10,084,000
Budi Setiadharma 0.02% ROI (%) 6.63 7.41
Anthony John Liddell Nightingale 0.02% ROE (%) 14.08 15.04

Public 49.85% In June

396 Indonesian Capital Market Directory 2012

PT Astra International Tbk. Automotive and Allied Products

Board of Commissioners Board of Directors

President Commissioner Budi Setiadharma
Commissioners Djunaedi Hadisumarto, Jonathan Chang, Kyoichi Tanada,
Soemadi Djoko Moerdjono Brotoningrat, David Alexander Newbigging,
Anthony John Liddell Nightingale, Mark Spencer Greenberg,
Benjamin William Keswick , Chiew Sin Cheok, Erry Firmansyah
President Director Prijono Sugiarto
Directors Gunawan Geniusahardja, Sudirman Maman Rusdi
Johnny Darmawan Danusasmita, Djoko Pranoto, Simon Collier Dixon,
Widya Wiryawan, Angky Tisnadisastra, Johannes Loman
Number of Employees 178,726

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 04-Apr-90 04-Apr-90 30,000,000 30,000,000
2 Partial Listing 04-Apr-90 04-Oct-90 24,805,000 54,805,000
3 Company Listing 18-Dec-91 02-Jan-92 184,893,000 239,698,000
4 Cooperative 18-Dec-91 31-Dec-99 2,500,000 242,198,000
5 Right Issue 03-Jan-94 24-Jan-94 48,439,600 290,637,600
6 Bonus Shares 08-Sep-94 08-Sep-94 871,912,800 1,162,550,400
7 Convertible Bonds 1997 1997 280,837 1,162,831,237
8 Stock Split 01-Sep-97 01-Sep-97 1,162,831,237 2,325,662,474
9 Right Conversion 1999 1999 146,793,682 2,472,456,156
10 Right Conversion 2000 2000 27,826,740 2,500,282,896
11 Option Conversion 2000 2000 6,359,500 2,506,642,396
12 Right Conversion 2001 2001 24,637,387 2,531,279,783
13 Option Conversion 2001 2001 6,900,000 2,538,179,783
14 Right Conversion 2002 2002 26,798,627 2,564,978,410
15 Option Conversion 2002 2002 43,110,500 2,608,088,910
16 Right Conversion 2003 2003 16,552,875 2,624,641,785
17 Option Conversion 2003 2003 5,954,500 2,630,596,285
18 Right Issue 2003 2003 1,404,780,175 4,035,376,460
19 Option Conversion 2004 2004 2,429,500 4,037,805,960
20 Right Conversion 2004 2004 10,549,354 4,048,355,314
21 Stock Split 05-Jun-12 05-Jun-12 36,435,197,826 40,483,553,140
Underwriter PT (Persero) Danareksa (IPO)

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price Shares Traded Trading Listed Market
Month High Low Close Volume Value Frequency Day Shares Capitalization
(Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)
January-11 55,050 45,250 48,900 188,808.00 9,245,116.00 64,822 21 4,048,355,314 197,964,575.00
February-11 53,450 47,400 52,050 146,051.00 7,289,652.00 38,264 18 4,048,355,314 210,716,894.00
March-11 58,250 52,300 57,000 99,865.00 5,492,743.00 40,364 23 4,048,355,314 230,756,253.00
April-11 58,500 53,600 56,150 91,805.00 5,134,338.00 35,963 20 4,048,355,314 227,315,151.00
May-11 62,150 55,800 58,750 79,319.00 4,668,750.00 31,103 21 4,048,355,314 237,840,875.00
June-11 64,250 55,950 63,550 74,147.00 4,395,238.00 29,158 20 4,048,355,314 257,272,980.00
July-11 75,950 64,600 70,500 84,447.00 5,852,767.00 35,960 21 4,048,355,314 285,409,050.00
August-11 72,750 60,850 66,150 133,636.00 9,085,095.00 67,327 19 4,048,355,314 267,798,704.00
September-11 71,800 55,000 63,650 121,029.00 7,758,524.00 64,076 20 4,048,355,314 257,677,816.00
October-11 70,000 57,300 69,000 100,835.00 6,582,050.00 51,096 21 4,048,355,314 279,336,517.00
November-11 72,000 65,500 70,900 67,618.00 4,676,338.00 40,280 22 4,048,355,314 287,028,392.00
December-11 75,000 68,300 74,000 57,371.00 4,137,042.00 33,641 21 4,048,355,314 299,578,293.00
January-12 79,650 73,500 78,900 60,335.00 4,672,194.00 31,100 21 4,048,355,314 319,415,234.00
February-12 79,200 67,100 70,850 130,669.00 9,466,255.00 68,125 21 4,048,355,314 286,825,974.00
March-12 74,200 68,750 73,950 83,919.00 5,984,168.00 48,766 21 4,048,355,314 299,375,875.00
April-12 77,100 70,650 71,000 68,944.00 5,052,940.00 37,681 20 4,048,355,314 287,433,227.00
May-12 74,250 64,200 64,300 90,988.00 6,242,152.00 46,178 21 4,048,355,314 260,309,247.00
June-12 64,200 6,400 6,850 816,809.00 6,070,144.00 61,324 21 40,483,553,140 277,312,339.00

Stock Price and Traded Chart

Institute for Economic and Financial Research 397