PT Astra Agro Lestari Tbk.

Head Office

Factory

Business
Company Status

Jl. Pulo Ayang Raya Blok OR-1

Kawasan Industri Pulo Gadung
Jakarta 13930
Phone (021) 461-6555, 461-6688
Fax (021) 461-6618, 461-6689
Email: investor@astra-agro.co.id
Website:
http://www.astra-agro.co.id
Jl. Pulo Ayang Raya Blok OR-1
Kawasan Industri Pulo Gadung
Jakarta 13930
Phone (021) 461-6555, 461-6688
Fax (021) 461-6618, 461-6689
Email: investor@astra-agro.co.id
Website:
http://www.astra-agro.co.id
Plantations (oil palm, cocoa,
rubber & tea)
PMDN

Financial Performance: The Company has managed to book

net profit at IDR1.973 trillion in 2007, rising from IDR787 billion
in 2006. The net profit increase was in line with the net sales which
stepped up from IDR53.757 trillion to IDR5.960 trillion.
Brief History: As a member of the Astra International Group,
the company has grown and expanded into one of the largest oil
palm plantations in Indonesia. Among noteworthy events in the
course of its history since its establishment in 1988 was its listing
in both the Jakarta and Surabaya Stock Exchanges in 1997, offering a total of 125.8 million shares to the public, as well as the issuance of corporate bonds in 2000. Today the company is the proud
owner of 188,831 hectares of cultivated palm oil estates, accounting for 92.7% of the total 203,780 hectares plantations area. The
remaining 7.3% of the plantations area comprises rubber, tea, and
cocoa.

Shareholders

PT Astra International Tbk

Public

79.68%
20.32%

Agriculture, Forestry, and Fishing

Summary of Financial Statement

2005
Total Assets
Current Assets
of which
Cash and Cash Equivalents
Trade receivables
Inventories
Non-Current Assets
of which
Fixed Assets-Net
Deffered Tax Assets-Net
Other Assets

(million rupiah)
2006

2007

3,191,715
686,549

3,496,955
492,195

5,352,986
1,647,854

312,807
94,724
189,813
2,505,166

195,440
21,014
191,861
3,004,760

1,012,772
111,664
413,813
3,705,132

1,294,715
61,080
37,544

1,544,653
66,655
52,031

1,755,574
65,792
74,702

Liabilities
Current Liabilities
of which
Trade payables
Taxes payable
Accrued expenses
Long-term Liabilities
Minority Interests in Subsidiaries

488,377
407,551

657,846
563,599

1,150,575
1,027,958

116,384
86,792
36,494
80,826
80,696

102,244
87,899
39,051
94,247
90,542

251,798
556,828
31,284
122,617
141,809

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed Assets
Retained earnings

2,622,642
787,373

2,748,567
787,373

4,060,602
787,373

83,476
3,300
1,748,493

83,476
3,300
1,874,418

83,476
3,300
3,186,453

Net Sales
Cost of Goods Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Profit before Taxes
Profit after Taxes

3,370,936
1,907,582
1,463,354
264,739
1,198,615
(49,012)
1,149,603
790,410

3,757,987
2,277,740
1,480,247
281,650
1,198,597
(44,403)
1,154,194
787,318

5,960,954
2,773,747
3,187,207
281,162
2,906,045
8,230
2,914,275
1,973,428

Per Share Data (Rp)

Earnings per Share
Equity per Share
Dividend per Share
Closing Price

502
1,665
325
4,900

500
1,745
230
12,600

1,253
2,579
n.a
28,000

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)

9.76
2.94
64.75
19.51

25.20
7.22
46.00
13.18

22.34
10.86
n.a
n.a

Current Ratio (x)

Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)

1.68
0.19
0.15
0.43
0.36
0.23
10.05
1.06
24.76
30.14

0.87
0.24
0.19
0.39
0.32
0.21
11.87
1.07
22.51
28.64

1.60
0.28
0.21
0.53
0.49
0.33
6.70
1.11
36.87
48.60

PER = 14.07x ; PBV = 9.52x (June 2008)

Financial Year: December 31
Public Accountant: Haryanto Sahari & Rekan

Indonesian Capital Market Directory 2008

PT Astra Agro Lestari Tbk.

Agriculture, Forestry, and Fishing

Board of Commissioners

Board of Directors

President Commissioner Michael Dharmawan Ruslim

Vice President Commissioner Chiew Sin Cheok
Commissioners Patrick Morris Alexander, H.S. Dillon,
Stephen Zacharia Satyahadi, Simon John Mawson,
Gunawan Geniusahardja
No Type of Listing
Listing Date

President Director Widya Wiryawan

Vice President Director Tonny Hermawan Koerhidayat
Directors Bambang Palgoenadi, Joko Supriyono,
Juddy Arianto, Santosa
Number of Employees 19.440
Trading Date
Number of Shares
Total Listed
per Listing
Shares
1997
125,800,000
125,800,000
1998
1,132,200,000
1,258,000,000
1999
251,600,000
1,509,600,000
2002
12,005,000
1,521,605,000
2002
5,201,500
1,526,806,000
2002
43,500
1,526,850,000
2003
15,903,500
1,542,753,500
2004
33,064,500
1,575,818,000
Jan-05
95,000
1,575,913,000
Feb-05
411,000
1,576,324,000
Mar-05
1,002,500
1,577,326,500
Apr-05
104,000
1,577,430,500
May-05
243,000
1,577,673,500

1
2
3
4
5
6
7
8
9
10
11
12
13

First Issue
Company Listing
Bonus Shares
Option Conversion
Option Conversion I & II
Option Conversion II
Option Conversion II
Option II & III Conversion
Option III Converision
Option III Conversion
Option III Conversion
Option III Conversion
Option III Conversion

1997
1997
1999
2002
2002
2002
2003
2004
Jan-05
Feb-05
Mar-05
Apr-05
May-05

Underwriter

PT Danareksa Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Month
January-07
February-07
March-07
April-07
May-07
June-07
July-07
August-07
September-07
October-07
November-07
December-07
January-08
February-08
March-08
April-08
May-08
June-08

High

Stock Price
Low

Close

(Rp)
14,500
13,800
12,800
16,200
16,000
15,850
15,700
15,500
17,600
25,000
26,000
28,600
34,800
35,300
33,500
26,900
27,300
31,050

(Rp)
11,400
12,150
11,850
12,650
14,300
13,400
13,650
11,900
14,300
16,750
21,000
24,000
24,000
28,700
22,500
20,300
23,350
23,800

(Rp)
13,200
12,550
12,600
15,750
15,100
13,750
15,350
14,300
16,800
22,500
25,450
28,000
30,200
31,600
25,850
23,700
26,450
29,550

Shares Traded
Volume
(Thousand Shares)
38,348.00
28,409.00
35,035.00
43,783.00
30,875.00
67,160.00
58,509.00
38,414.00
37,742.00
40,206.00
39,280.00
22,695.00
54,538.00
42,135.00
89,800.00
72,923.00
47,632.00
67,767.00

Value
(Rp Million)
498,925.00
365,733.00
433,081.00
623,075.00
460,877.00
960,650.00
862,632.00
538,866.00
595,904.00
790,088.00
914,236.00
592,474.00
1,645,052.00
1,335,273.00
2,454,815.00
1,745,787.00
1,214,327.00
1,859,375.00

Trading

Listed

Market

Frequency

Day

Shares

Capitalization

5,543
4,453
5,312
6,362
3,918
7,657
6,673
4,615
4,514
5,941
7,304
5,826
13,995
13,814
26,678
28,029
16,174
20,500

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

1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500
1,577,673,500

(Rp Million)
20,786,634.00
19,763,050.00
19,841,787.00
24,802,234.00
23,778,650.00
21,652,744.00
24,172,336.00
22,518,854.00
26,455,716.00
35,431,763.00
40,077,260.00
44,092,860.00
47,557,299.00
49,761,942.00
40,707,158.00
37,321,457.00
41,652,005.00
46,533,715.00

Stock Price and Traded Chart

Stock Price (Rp)

Million Shares

40,000

12

35,000

10

30,000
8

25,000
20,000

15,000

10,000
2

5,000

Jan- Feb- Mar- Apr- May- Jun- Jul07

07
07
07
07
07
07

Institute for Economic and Financial Research

Aug- Sep- Oct07

07
07

Nov- Dec- Jan- Feb- Mar- Apr- May- Jun07

07
08
08
08
08
08
08