ELTY Bakrieland Development Tbk.

[S]
COMPANY REPORT : FEBRUARY 2013
Main Board
Industry Sector : Property, Real Estate And Building Construction (6)
Industry Sub Sector : Property And Real Estate (61)

As of 28 February 2013
:
12.163
Individual Index
43,521,913,019
:
Listed Shares
2,567,792,868,121
Market Capitalization :

176 | 2.35T | 0.06% | 95.80%

48 | 5.21T | 0.47% | 75.53%

COMPANY HISTORY
Established Date : 12-Jun-1990
Listing Date
: 30-Oct-1995
Under Writer IPO :
PT Panin Sekuritas
Securities Administration Bureau :
PT Sinartama Gunita
Plaza BII Menara 1, 9th Fl.
Jln. M.H. Thamrin No. 51 Jakarta 10350
Phone : 392-2332
Fax
: 392-3003
BOARD OF COMMISSIONERS
1. Bambang Irawan Hendradi
2. Amir Abdul Rachman
3. Armansyah Yamin
4. Kanaka Puradiredja *)
5. Lukman Purnomosidi *)
6. Supartono
*) Independent Commissioners
BOARD OF DIRECTORS
1. Ambono Janurianto
2. Azrul Azwar Ab Latif
3. Feb Sumandar
AUDIT COMMITTEE
1. Kanaka Puradiredja
2. Muhammad Hassan
3. Soenarso Soemodiwirjo
CORPORATE SECRETARY
Kurniawati Budiman
HEAD OFFICE
Wisma Bakrie 1 Lt. 6
Jln. H.R. Rasuna Said Kav. B-1
Jakarta - 12920
Phone : (021) 525-7835
Fax
: (021) 522-5063
Homepage
Email

: www.bakrieland.com
: kurniawati_budiman@bakrieland.com
iskandar@bakrieland.com
info@bakrieland.com

SHAREHOLDERS (February 2013)

1. CGMI 1 Client Safekeeping Account
2. Reksa Dana Penyertaan Terbatas Syailendr
3. Public (<5%)

4,529,501,629 :
2,868,604,500 :
36,123,806,890 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year Shares Dividend Cum Date
1.00 09-Jun-10
2009

Recording
Date
14-Jun-10

Ex Date
10-Jun-10

10.41%
6.59%
83.00%

Payment
F/I
Date
28-Jun-10 F

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

Type of Listing
First Issue
Company Listing
Right Issue
Warrant Seri I
Warrant Seri II

Shares
110,000,000
240,000,000
39,209,885,695
359,885,695
3,602,141,629

T:
T:
T:
T:

Listing
Date
30-Oct-95
30-Oct-95
06-Oct-97
13-Nov-07
10-Aug-11

:
:
:
:

Trading
Date
30-Oct-95
12-Jun-96
30-Jul-10
05-May-10
31-Jan-12

ELTY Bakrieland Development Tbk. [S]

Closing
Price*

Closing Price
Volume
(Mill. Sh)

420

6,400

368

5,600

315

4,800

263

4,000

210

3,200

158

2,400

105

1,600

53

800

Jan-09

Jan-10

Jan-11

Jan-12

Jan-13

Closing Price*, Jakarta Composite Index (IHSG) and

Property, Real Estate and Bulding Construction Index
January 2009 - February 2013

Month

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

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Bakrieland Development Tbk. [S]
January 2009 - February 2013

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

High
82
85
88
178
310
335
365
385
390
370
300
255

Low
54
58
70
84
163
240
280
335
340
245
205
177

Close
60
78
85
164
295
295
355
345
370
275
205
193

19,396 2,800,287
30,874 6,363,446
23,045 5,095,785
64,821 11,452,665
95,207 16,888,120
60,785 9,059,737
40,174 5,309,248
44,929 5,979,152
21,336 2,770,229
24,005 4,034,117
27,353 3,075,281
29,158 2,969,720

184,819
494,393
388,560
1,560,207
3,931,979
2,633,914
1,693,646
2,142,811
1,019,205
1,076,292
841,914
630,680

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

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

270
265
285
265
240
154
147
135
168
196
172
167

193
210
210
225
105
132
131
95
112
152
154
155

260
220
240
235
141
144
133
112
154
158
160
157

55,366 8,064,607
15,659 2,026,032
39,134 5,691,344
25,834 3,815,814
48,198 5,911,762
28,071 3,260,891
14,930 2,071,879
39,422 6,493,478
38,365 6,497,303
78,424 19,651,364
47,924 8,972,114
20,549 5,548,334

1,955,405
481,758
1,424,348
942,334
1,053,308
467,926
289,964
735,912
979,614
3,402,225
1,453,882
884,655

20
19
22
21
19
22
22
21
17
21
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

166
146
150
148
182
168
178
177
147
126
119
128

128
117
134
135
142
138
141
135
101
93
103
103

130
143
140
144
161
148
169
143
112
116
105
119

21,551 3,139,810
16,567 1,915,849
18,515 2,561,332
14,448 2,309,093
69,782 12,582,221
36,316 6,013,194
38,323 7,669,420
36,181 5,839,566
28,234 3,627,935
41,403 7,393,714
15,869 2,072,204
24,814 4,895,666

462,078
251,570
374,084
327,194
2,019,217
931,227
1,245,567
902,977
458,776
840,680
232,302
581,145

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
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

147
141
135
126
118
98
80
63
61
67
64
60

119
126
121
111
93
61
59
50
50
50
52
52

137
128
123
117
97
70
61
50
54
65
58
54

37,185
24,278
18,828
27,411
17,076
33,442
24,859
15,654
18,388
27,062
19,544
13,752

8,189,955
3,772,718
4,987,688
4,149,765
2,158,913
4,450,035
4,564,084
3,332,788
4,924,796
6,347,018
5,046,642
8,120,654

1,128,276
501,036
628,672
494,965
228,420
340,138
321,444
181,040
257,020
366,543
294,506
466,624

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

Jan-13
Feb-13

59
67

53
53

54
59

16,121
26,181

5,045,864
7,066,863

292,560
418,013

21
20

420%
360%
300%

298.5%

240%

233.7%

180%
120%
60%
-25.0%
-60%

Jan 09

Jan 10

Jan 11

Jan 12

Jan 13

SHARES TRADED

2009

2010

2011

Volume (Million Sh.)

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

75,798
16,598
481
241

78,005
14,071
452
245

60,020
8,627
362
247

60,045
5,209
277
246

12,113
711
42
41

390
54
193
205

285
95
157
157

182
93
119
119

147
50
54
54

67
53
59
59

29.06
35.07
PER (X)
18.12
9.97
PER Industry (X)
0.83
0.78
PBV (X)
* Adjusted price after corporate action

324.59
11.09
0.44

-4.17
17.34
0.23

-4.55
19.09
0.25

Price (Rupiah)
High
Low
Close
Close*

2012 Feb-13

ELTY Bakrieland Development Tbk. [S]

Financial Data and Ratios
Public Accountant : Kosasih, Nurdiyaman, Tjahjo & Rekan (Member of Crowe Horwath International)
BALANCE SHEET
(Million Rp except Par Value)

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

Cash & Cash Equivalents

740,310

760,416

860,558

597,128

187,771

Receivable

1,334,675

1,554,881

1,746,360

2,040,438

1,725,745

Inventories

2,139,277

1,697,868

1,557,528

1,816,319

1,845,964

Investment

388,751

342,251

1,186,041

778,052

225,657

Fixed Assets

952,389

4,615,514

5,639,422

5,601,214

6,254,994

Other Assets

153,333

85,231

318,589

410,648

356,582

Book End : December

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Liabilities

18,750
15,000

Total Assets

8,334,991 11,592,631 17,064,196 17,707,950 17,792,388

Growth (%)

39.08%

47.20%

3.77%

0.48%

11,250
7,500
3,750
-

Trade Payable

451,792

718,562

387,603

491,662

552,283

Total Liabilities

3,133,653

5,794,139

6,582,727

6,805,878

7,417,163

84.90%

13.61%

3.39%

8.98%

1,155,965

2,459,739

Growth (%)

2008

2009

2010

2011

Sep-12

TOTAL EQUITY (Billion Rupiah)

Minority Interest

693,659

Authorized Capital

2,800,000

2,800,000 10,000,000 10,000,000 10,000,000

Paid up Capital

2,551,607

2,551,686

4,551,977

4,551,977

4,912,191

19,916

19,917

39,920

39,920

44,922

500 & 100

500 & 100

500 & 100

500 & 100

500 & 100

319,572

451,828

604,067

989,319

856,307

4,507,679

4,642,528

Paid up Capital (Shares)

Par Value

10,902

10,375

8,022

8,678

6,454

Retained Earnings
Total Equity

2.99%

Growth (%)

8,021,729 10,902,071 10,375,225

72.79%

35.91%

4,508

4,643

2008

2009

4,230

-4.83%
2,006

INCOME STATEMENTS
Total Revenues

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

1,053,840

1,059,004

1,367,556

2,017,319

1,319,323

0.49%

29.14%

47.51%

560,906

698,282

1,059,111

Growth (%)
Expenses

543,019

-218

510,822

498,098

669,273

958,208

606,518

Operating Expenses

284,787

331,347

427,560

850,808

774,519

Operating Profit

226,035

-168,001

2011

Sep-12

TOTAL REVENUES (Billion Rupiah)

712,805

Gross Profit

2010

2,017
2,017

Growth (%)

166,751

241,714

107,401

-26.23%

44.95%

-55.57%

1,606

1,194

Other Income (Expenses)

132,291

36,418

-16,059

Income before Tax

358,326

203,169

225,655

107,401

-168,001

Tax

81,844

42,192

15,269

32,651

50,242

Minority Interest

-4,379

-28,722

-31,681

-422,978

1,368
1,054

1,059

2008

2009

1,319

783

371

Net Income

272,100

132,256

178,705

14,635

-51.39%

35.12%

-91.81%

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

1.00

Growth (%)

RATIOS
Dividend (Rp)

13.66

6.64

4.48

0.37

-9.42

BV (Rp)

226.33

233.10

200.95

273.10

230.96

DAR (X)

0.38

0.50

0.39

0.38

0.42

DER(X)

0.70

1.25

0.82

0.62

0.71

EPS (Rp)

-40

2010

2011

Sep-12

NET INCOME (Billion Rupiah)

272
272

132

179

133

15

Sep-12

-6

ROA (%)

4.30

1.75

1.32

0.61

-0.94

ROE (%)

7.95

4.38

2.81

0.99

-1.62

GPM (%)

48.47

47.03

48.94

47.50

45.97

OPM (%)

21.45

15.75

17.67

5.32

-12.73

NPM (%)

25.82

12.49

13.07

0.73

-32.06

Payout Ratio (%)

15.06

Yield (%)

0.52

2008

2009

2010

2011

-145

-284

-423

-423