BKSW Bank QNB Kesawan Tbk.

COMPANY REPORT : JULY 2014

As of 25 July 2014

Development Board
Industry Sector : Finance (8)
Industry Sub Sector : Bank (81)

Individual Index
:
Listed Shares
:
Market Capitalization :

649.843
8,669,574,538
3,121,046,833,680

185 | 3.12T | 0.06% | 94.98%

399 | 0.002T | 0.0003% | 99.993%

COMPANY HISTORY
Established Date
: 28-Apr-1913
Listing Date
: 21-Nov-2002
Under Writer IPO :
PT Victoria Sekuritas
PT Kapita Sekurindo
Securities Administration Bureau :
PT Adimitra Transferindo
Plaza Property 2nd Fl. Komp. Pertokoan Pulomas Blok VIII No. 1

SHAREHOLDERS (July 2014)

1. PT Bosowa Kapital
2. Qatar National Bank
3. Public (<5%)

1,189,967,887 :
6,882,405,946 :
597,200,705 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
-

Shares

Dividend

Cum Date

Ex Date

Recording
Date

13.59%
78.59%
7.82%

Payment
F/I
Date

Jln. Perintis Kemerdekaan Jakarta 13210

Phone : (021) 478-81515 (Hunting)
Fax
: (021) 470-9697
BOARD OF COMMISSIONERS
1. Ali Ahmed Z. A Al-Kuwari
2. Grant Eric Lowen
3. M. Chidambaram
4. Muhammad Anas Malla *)
5. Nasrul Husin *)
6. Suroto Moehadji *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Andrew McGregor Duff
2. Azhar bin Abdul Wahab
3. Hery Syafril
4. Lloyd Rolston
5. Rusli
6. Windiartono Tabingin
AUDIT COMMITTEE
1. Nasrul Husin
2. Irzal Zaini
3. Wayan Suryadarma
CORPORATE SECRETARY
Maria Suci Rahayu & Damar Kwartama
HEAD OFFICE
QNB Kesawan Tower, 18 Parc, SCBD
Jln. Jend. Sudirman Kav. 52 - 53
Jakarta - 12190
Phone : (021) 515-5155
Fax
: (021) 515-5388
Homepage
Email

: www.qnbkesawan.co.id
: msuci@qnbkesawan.co.id
Damar.Kwartama@qnbkesawan.co.id

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.

Type of Listing
First Issue
Company Listing
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Warrant
Right Issue I
Right Issue II
Right Issue III
Right Issue III
Right Issue III
Right Issue III
Right Issue IV
Right Issue IV
Right Issue IV
Right Issue IV
Right Issue IV

Shares
78,800,000
317,200,000
32,500
170,000
180,000
425,000
190,000
25,000
5,000
7,000
10,000
10,000
100,000,000
10,000
4,500
128,000
22,000
123,039,512
2,905,911,131
16,503
1,852,386,930
714,963,966
3,210,170
1,808,574,298
3,948
1,766
124,451
764,122,863

Listing
Date
21-Nov-02
21-Nov-02
10-Jun-03
17-Jun-03
23-Jun-03
04-Jul-03
10-Jul-03
16-Jul-03
04-Aug-03
12-May-05
26-Sep-05
11-Oct-05
13-Oct-05
28-Oct-05
01-Nov-05
17-Nov-05
23-Nov-05
29-Jul-09
24-Jan-11
18-Jun-13
20-Jun-13
21-Jun-13
24-Jun-13
20-Jun-14
23-Jun-14
24-Jun-14
26-Jun-14
02-Jul-14

Trading
Date
21-Nov-02
30-Jun-03
10-Jun-03
17-Jun-03
23-Jun-03
04-Jul-03
10-Jul-03
16-Jul-03
04-Aug-03
12-May-05
26-Sep-05
11-Oct-05
13-Oct-05
28-Oct-05
01-Nov-05
17-Nov-05
23-Nov-05
29-Jul-09
24-Jan-11
18-Jun-13
20-Jun-13
21-Jun-13
24-Jun-13
20-Jun-14
23-Jun-14
24-Jun-14
26-Jun-14
02-Jul-14

BKSW Bank QNB Kesawan Tbk.

Closing
Price*

Volume
(Mill. Sh)

580

240

508

210

435

180

363

150

290

120

218

90

145

60

73

30

Jan-10

Jan-11

Jan-12

Jan-13

Jan-14

Closing Price*, Jakarta Composite Index (IHSG) and

Finance Index
January 2010 - July 2014
245%
210%
175%
140%
119.7%

105%

97.6%
95.2%

70%
35%
-35%

Jan 10

Jan 11

Jan 12

Jan 13

Jan 14

SHARES TRADED

2010

2011

2012

2013

Jul-14

Volume (Million Sh.)

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

112
65
9
174

562
310
7
174

114
76
0.2
51

130
66
0.1
75

5
2
0.04
23

1,040
700
1,040
259

1,050
370
710
456

750
550
690
443

720
350
450
398

450
350
360
360

537.38
498.19
PER (X)
16.00
6.61
PER Industry (X)
3.66
2.83
PBV (X)
* Adjusted price after corporate action

-83.30
6.58
2.85

-57.71
17.01
1.88

152.70
21.95
1.45

Price (Rupiah)
High
Low
Close
Close*

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Bank QNB Kesawan Tbk.
January 2010 - July 2014

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

High
830
850
840
880
800
820
820
810
850
880
920
1,040

Low
700
760
760
760
700
730
710
730
750
750
800
820

Close
830
780
810
800
770
800
820
800
800
820
900
1,040

(X)
426
656
4,197
1,646
507
391
187
191
117
142
54
345

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

1,050
720
750
730
740
740
730
730
710
700
710
720

370
590
660
680
710
700
700
660
680
670
670
690

690
700
690
720
740
710
730
680
680
700
690
710

2,247
422
105
3,377
264
177
71
29
62
103
118
178

43,333
3,369
638
25,595
14,883
12,962
1,075
1,983
119
398
70,513
386,834

21,929
2,370
444
18,255
10,546
9,157
759
1,389
82
273
39,542
205,095

21
17
19
20
21
17
13
9
7
9
11
10

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

710
710
750
700
670
710
670
690

550
690
700
700
640
650
660
670

690
690
690
700
700
700
700
660
650
670
670
690

70
56
6
3
3
17
5
15
4
7

11,641
40,107
7
2,689
8,355
48
7,470
57
42,739
602

8,116
27,205
5
1,892
5,016
31
5,005
38
28,635
403

7
11
4
3
3
3
4
6
4
6

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

710
700
710
700
720
720
455
405
400
405
405
450

700
700
680
690
690
415
440
400
400
350
400
400

700
700
680
690
720
455
440
400
400
400
405
450

10
10
14
22
12
24
4
4
4
20
3
18

11,721
9,011
294
3,927
118
3,146
5
9,002
10,001
1,653
33
81,211

7,036
6,308
202
2,742
82
813
2
6,553
5,000
1,176
13
36,360

6
7
6
11
9
9
4
2
4
9
2
6

Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14

450
435
425
410
409
355
443

350
429
350
409
409
355
360

410
431
420
409
409
355
360

9
5
7
9
1
2
2

5
23
7
1,477
0.1
3,431
0.3

2
10
3
1,063
0.0
1,201
0.1

7
2
6
3
1
2
2

(Thou. Sh.) (Million Rp)

1,753
1,299
1,294
1,027
12,179
9,831
4,247
5,275
31,177
10,906
31,626
19,113
404
311
372
289
270
215
13,272
8,219
162
143
9,659
14,450

10
13
22
21
15
16
11
12
9
18
13
14

BKSW Bank QNB Kesawan Tbk.

Financial Data and Ratios

Book End : December

Public Accountant : Purwantono, Suherman & Surja (Member of Ernst & Young Global Limited)
BALANCE SHEET

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

34,368

37,124

37,131

43,671

56,633
1,242,652

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash on Hand

Assets

95,915

206,526

711,339

469,495

520,028

180,732

208,426

441,562

1,417,669

1,682,307

1,983,974

3,168,908

8,197,682

365,827

Fixed Assets

39,069

34,962

23,211

118,302

111,225

Other Assets

10,873

15,935

34,190

13,980

70,847

2,347,783

2,589,915

3,593,817

10.31%

38.76%

29.24%

137.86%

2,143,856

2,384,067

1,659,553

3,669,440

9,097,934

4,156

5,038

25

Placements with Other Banks

Marketable Securities
Loans
Investment

Total Assets

Growth (%)
Deposits
Taxes Payable
Fund Borrowings
Other Liabilities
Total Liabilities

4,644,654 11,047,615

12,943

13,804

23,709

88,645

2,169,291

2,411,792

2,701,244

3,781,586

9,534,587

11.18%

12.00%

39.99%

152.13%

Growth (%)
Authorized Capital

250,000

250,000

2,500,000

2,500,000

2,500,000

Paid up Capital

156,631

156,631

890,447

890,447

1,539,583

627

627

3,562

3,562

6,158

Paid up Capital (Shares)

Par Value
Retained Earnings
Total Equity

250

250

250

250

250

14,777

13,211

19,029

-7,929

-4,572

178,493

178,123

892,573

863,068

1,513,028

-0.21%

401.10%

-3.31%

75.31%

Growth (%)

Liabilities

11,250
9,000
6,750
4,500
2,250
-

2009

2010

2011

2012

2013

TOTAL EQUITY (Bill. Rp)

1,513
1,513

1,204

893

863

2011

2012

896

587

278

178

178

2009

2010

-30

INCOME STATEMENTS

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

Total Interest Income

217,220

231,272

294,564

336,359

506,437

6.47%

27.37%

14.19%

50.56%

132,286

120,274

131,185

163,850

275,492

Other Operating Revenue

13,619

12,937

4,829

4,129

155,870

Other Operating Expenses

90,222

103,974

158,367

252,476

392,278

8,330

11,179

13,224

-43,485

-5,463

34.19%

18.30%

N/A

87.44%

Growth (%)
Interest Expenses

Income from Operations

Growth (%)
-1,943

103,975

1,206

9,061

10,550

Income Before Tax

6,388

115,153

14,430

-34,424

5,087

Provision for Income Tax

2,399

1,468

9,368

-4,925

1,730

Profit for the period

3,988

1,213

5,062

-29,499

3,357

-69.60%

317.48%

N/A

N/A

Non-Operating Revenues

Growth (%)
Period Attributable
Comprehensive Income
Comprehensive Attributable

-29,499

3,357

3,988

113,686

5,076

-29,505

3,349

3,349

TOTAL INTEREST INCOME (Bill. Rp)

506
506

403

295
300

217

231

2009

2010

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

EPS (Rp)

-8.28

0.55

BV (Rp)

284.89

284.30

250.60

242.31

245.69

DAR (X)

0.92

0.93

0.75

0.81

0.86

DER(X)

12.15

13.54

3.03

4.38

6.30

ROA (%)

0.17

0.05

0.14

-0.64

0.03

ROE (%)

2.23

0.68

0.57

-3.42

0.22

OPM (%)

3.83

4.83

4.49

-12.93

-1.08

NPM (%)

1.84

0.52

1.72

-8.77

0.66

RATIOS

Payout Ratio (%)

Yield (%)

336

196

93

-10

2011

2012

2013

PROFIT FOR THE PERIOD (Bill. Rp)

4.0
5

Dividend (Rp)

2013

-2

2009

5.1
1.2

2010

3.4

2012
2011

2013

-9

-16

-23

-29

-29