ADES AkashaWiraInternationalTbk.

[S]
COMPANY REPORT : JULY 2012
Development Board
Industry Sector : Consumer Goods Industry (5)
Industry Sub Sector : Food And Beverages (51)
COMPANY HISTORY
Established Date : 06-Mar-1985
Listing Date
: 13-Jun-1994
Under Writer IPO :
PT Pentasena Arthasentosa
Securities Administration Bureau :
PT Raya Saham Registra
Plaza Central Building 2nd Fl.
Jln. Jend. Sudirman Kav. 47-48 Jakarta
Phone : 252-5666
Fax
: 252-5028
BOARD OF COMMISSIONERS
1. Hanjaya Limanto
2. Danny Yuwono *)
3. Miscellia Dotulong
*) Independent Commissioners
BOARD OF DIRECTORS
1. Agoes Soewandi Wangsapoetra
2. Martin Jimi
3. Th. M. Wisnu Adjie
AUDIT COMMITTEE
1. Danny Yuwono
2. Fani Soegiarto
3. Zulbahri
CORPORATE SECRETARY
Thomas Maria Wisnu Adjie
HEAD OFFICE
Perkantoran Hijau Arkadia, Tower C, 15th Fl.
Jln. Letjend. T.B. Simatupang Kav. 88, Jakarta 12520
Phone : (021) 2754-5000
Fax
: (021) 7884-5549
Homepage
Email

:: csecretary@akasha.co.id

As of 31 July 2012
:
Individual Index
:
Listed Shares
Market Capitalization :
SHAREHOLDERS (July 2012)
1. Water Partners Bottling SA
2. Public ( <5% )

70.649
589,896,800
802,259,648,000

542,347,113 :
47,549,687 :

DIVIDEND ANNOUNCEMENT
Cash
Bonus
Year Shares Dividend Cum Date
40.00 27-Jun-95
1994
1995
20.00
04-Jul-96
1996
20.00 27-Jun-97
1997
1:1
27-Jun-97
2000
10.00 25-Jun-01
2002
2.00 27-Jun-03

Ex Date
28-Jun-95
05-Jul-96
30-Jun-97
30-Jun-97
26-Jun-01
30-Jun-03

Recording
Date
06-Jul-95
15-Jul-96
08-Jul-97
08-Jul-97
29-Jun-01
02-Jul-03

91.94%
8.06%

Payment
Date
02-Aug-95
14-Aug-96
06-Aug-97
06-Aug-97
13-Jul-01
16-Jul-03

F/I
F
F
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.

Type of Listing
First Issue
Company Listing
Bonus Shares
Right Issue
Right Issue

Shares
15,000,000
23,000,000
38,000,000
73,720,000
440,176,800

Listing
Date
13-Jun-94
13-Jun-94
07-Aug-97
11-Jun-04
28-Dec-07

Trading
Date
13-Jun-94
02-Jan-95
07-Aug-97
11-Jun-04
28-Dec-07

ADES AkashaWiraInternationalTbk.[S]
TRADING ACTIVITIES

Closing Price* and Trading Volume

Akasha Wira International Tbk. [S]
January 2008 - July 2012

Closing Price
Volume
(Mill. Sh)

3,000

48.0

2,625

42.0

2,250

36.0

1,875

30.0

1,500

24.0

1,125

18.0

750

12.0

375

6.0

Jan-08

Jan-09

Jan-10

Jan-11

Jan-12

Change of Closing Price,

Consumer Goods Index and Jakarta Composite Index
January 2008 - July 2012

Low
510
500
460
365
400
900
610
480
305
133
150
175

Close
590
580
480
445
780
1,700
630
495
375
150
175
225

Freq.
Volume
Value
(X) (Thou. Sh.) (Million Rp)

Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08

High
790
640
600
500
780
1,700
1,190
630
495
375
200
250

Day

Closing
Price*

386
283
65
50
350
1,982
1,194
314
177
172
72
44

3,542
1,544
645
985
1,975
19,121
9,938
1,705
1,112
1,625
366
280

2,476
903
347
427
1,364
24,617
6,401
960
461
299
66
84

19
18
12
13
15
7
18
19
20
17
13
13

Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09

240
440
440
500
810
940
650
740
880
890
720
670

195
160
330
370
405
590
570
590
650
610
610
600

210
365
395
410
590
630
590
680
870
660
630
640

66
2,359
2,615
2,232
3,933
3,007
433
1,562
9,669
4,271
995
1,314

271
13,590
10,847
15,376
44,229
30,951
2,119
10,877
67,490
32,348
4,629
4,070

56
4,749
4,374
6,866
26,698
24,705
1,291
7,334
53,281
26,693
3,092
2,613

13
19
20
20
20
22
21
20
18
22
20
18

Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

660
620
660
770
680
600
640
690
2,600
3,600
2,225
1,830

580
530
540
640
500
530
540
580
660
1,840
1,730
1,620

590
550
650
670
580
560
600
680
2,925
2,075
1,760
1,620

898
449
951
7,531
340
254
233
1,339
8,836
21,851
7,246
2,865

3,301
2,687
3,742
49,026
1,656
873
1,250
6,321
63,456
90,023
26,126
9,245

2,039
1,531
2,308
35,882
1,009
492
745
4,113
77,614
218,236
53,135
16,341

20
19
21
21
18
22
20
21
16
18
21
20

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

1,680
1,180
1,240
2,000
1,720
1,590
1,670
1,590
1,350
1,150
1,090
1,120

1,160
1,020
1,040
1,170
1,500
1,300
1,370
1,220
960
930
980
990

1,160
1,040
1,180
1,600
1,500
1,390
1,560
1,260
1,000
1,070
1,000
1,010

4,643
657
1,663
12,836
1,923
1,258
6,600
1,782
720
777
834
690

14,994
1,713
6,158
55,205
7,009
5,208
31,856
6,174
1,799
2,350
2,087
1,817

22,855
1,866
7,090
93,448
11,076
7,580
50,592
9,070
2,114
2,395
2,146
1,891

21
18
23
20
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12

1,200
1,200
1,090
1,200
1,630
1,390
1,500

1,000
1,040
1,040
1,040
1,060
1,160
1,240

1,060
1,060
1,060
1,110
1,240
1,300
1,360

1,974
2,379
892
1,403
4,111
491
2,232

6,582
5,512
1,856
3,897
15,668
1,694
9,214

7,289
6,177
1,967
4,361
21,743
2,108
12,523

21
21
21
20
21
21
22

Month

300%
250%

Jakarta Composite Index

Consumer Goods Index
Closing Price

252.6%

200%
150%
100%
78.9%
51.7%

50%
-50%
-100%

Jan 08

Jan 09

Jan 10

Jan 11

Jan 12

SHARES TRADED

2008

2009

2010

2011

Jul-12

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

43
38
5
184

237
162
32
233

258
413
53
237

136
212
34
247

44
56
13
147

1,700
133
225
225

940
160
640
640

3,600
500
1,620
1,620

2,000
930
1,010
1,010

1,630
1,000
1,360
1,360

-8.73
23.13
PER (X)
8.75
13.04
PER Industry (X)
2.56
5.53
PBV (X)
* Adjusted price after corporate action

30.19
16.41
9.57

23.03
16.22
4.74

14.91
12.34
5.76

Price (Rupiah)
High
Low
Close
Close*

ADES AkashaWiraInternationalTbk.[S]
Financial Data and Ratios
Public Accountant : Johan Malonda Mustika & Rekan (Member of Baker Tilly International)
Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

Cash & Cash Equivalents

29,311

38,471

15,670

14,787

17,748

Receivable

16,042

20,093

95,929

71,797

84,846

Inventories

9,581

7,088

8,488

38,965

39,112

59,208

73,551

131,881

128,835

149,122

Fixed Assets

124,311

104,023

100,904

102,574

103,522

Other Assets

4,139

4,627

4,500

Total Assets

185,015

178,287

324,493

316,048

338,521

-3.64%

82.01%

-2.60%

7.11%

29,613

87,255

75,394

64,320

17,900

80,455

137,360

114,908

114,791

133,117

110,068

224,615

190,302

179,111

-17.31%

104.07%

-15.28%

-5.88%

2,359,587

2,359,587

2,359,587

2,359,587

2,359,587

589,897

589,897

589,897

589,897

589,897

BALANCE SHEET
(Million Rp except Par Value)

Book End : December

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Liabilities

350
280

Current Assets

Growth (%)

210
140
70
-

Current Liabilities
Long Term Liabilities
Total Liabilities

115,217

Growth (%)
Minority Interest
Authorized Capital
Paid up Capital
Paid up Capital (Shares)

590

590

590

590

590

1,000

1,000

1,000

1,000

1,000

-543,067

-526,746

-495,087

-469,219

-435,555

2008

2009

2010

2011

Jun-12

TOTAL EQUITY (Billion Rupiah)

159
159

126
127

100
94

Par Value
Retained Earnings
Total Equity

51,898

Growth (%)

68,219

99,878

125,746

159,410

31.45%

46.41%

25.90%

26.77%

INCOME STATEMENTS

Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

Total Revenues

129,542

134,438

218,748

299,409

220,955

3.78%

62.71%

36.87%

86,062

138,249

184,925

98,024

Growth (%)
Expenses

93,936

Gross Profit

35,606

48,376

80,499

114,484

122,931

Operating Expenses

74,346

43,744

52,178

88,165

89,919

-38,740

4,632

28,321

26,319

N/A

511.42%

-7.07%

8,107

12,763

5,222

3,308

-30,633

17,395

33,543

29,627

33,012

1,517

1,074

1,884

3,759

-652

-15,208

16,321

31,659

25,868

33,664

N/A

93.98%

-18.29%

Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

51.39

248.37

151.14

170.88

231.84

-25.78

27.67

53.67

43.85

57.07

BV (Rp)

87.98

115.65

169.31

213.17

270.23

DAR (X)

0.72

0.62

0.69

0.60

0.53

DER(X)

2.56

1.61

2.25

1.51

1.12

Operating Profit

Growth (%)

68
62

52

29

-3

2008

2009

2010

2011

Jun-12

TOTAL REVENUES (Billion Rupiah)

299
299

221

219

238

177

Other Income (Expenses)

Income before Tax
Tax
Minority Interest
Net Income

Growth (%)
RATIOS
Current Ratio (%)
Dividend (Rp)
EPS (Rp)

ROA (%)

-16.56

9.76

10.34

9.37

9.75

ROE (%)

-59.03

25.50

33.58

23.56

20.71

GPM (%)

27.49

35.98

36.80

38.24

55.64

OPM (%)

-29.91

3.45

12.95

8.79

NPM (%)

-11.74

12.14

14.47

8.64

15.24

Payout Ratio (%)

Yield (%)

130

134

2008

2009

116

55

-6

2010

2011

Jun-12

NET INCOME (Billion Rupiah)

34

32
34

26
24

16
14

2008
2009

-5

-15

-15

2010

2011

Jun-12