PTKeramikaIndonesiaAssosiasiTbk.

Business

Property

CompanyStatus

PMDN

Underwriter

PTMakindo

Shareholder
2000
PTOngkoMulticorpora
MerrylLynchPierceFennerandSmith
Public

2008
PTMitraInvestindoMulticorpora
Public

2001
67.80% PTOngkoMulticorpora
9.99% MerrylLynchPierceFennerandSmith
22.21% KaharudinOngko
Cooperative
Public

2002
67.80%
9.99%
1.41%
0.47%
20.33%

2009
67.80% FarringtonInc.
32.20% ConceptLinkLtd.
PTMitraInvestindoMulticorpora
Public

69.31%
25.65%
3.42%
1.62%

PTOngkoMulticorpora
MerrylLynchPierceFennerandSmith
Cooperative
Public

2003
67.80%
9.99%
0.50%
21.71%

PTOngkoMulticorpora
PTMeridianCapitalIndonesia
MerrylLynchPierceFennerandSmith
Cooperative
Public

2004
67.80%
17.86%
9.99%
0.47%
3.88%

PTOngkoMulticorpora
PTMeridianCapitalIndonesia
DiamondMagicEnterprise
OxedonEnterpriseLtd.
Cooperative
Public

67.80%
17.86%
4.99%
4.99%
0.47%
3.89%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000 President Commissioner

Vice President Commissioners
Commissioners

Kaharudin Ongko
Irsanto Ongko
Irswanto Ongko, Soeyatno

President Director
Directors

Budi Hadidjaja
Soeyatno, Achmad Widjaja

2,848

2001 President Commissioner

Vice President Commissioners
Commissioners

Irsanto Ongko
Hardyto Murni
Irwan Susanto, Paulus Heryanto Indrajaya

President Director
Directors

Budi Hadidjaja
Adrian Kwok Chee Fun, Noersing, Baby Noviani

700

2002 President Commissioner

Commissioners

Irsanto Ongko
Hardyto Murni, Irwan Susanto,
Stephen Herbert, Hanafi Onggowarsito

President Director
Directors

Budi Hadidjaja
Adrian Kwok Chee Fun, Noersing, Baby Noviani

700

2003 President Commissioner

Commissioners

Irsanto Ongko
Hardyto Murni, Irwan Susanto,
Stephen Herbert, Hanafi Onggowarsito

President Director
Directors

Budi Hadidjaja
Adrian Kwok Chee Fun, Baby Noviani

700

2004 President Commissioner

Vice President Commissioners
Commissioners

Irsanto Ongko
Hardyto Murni
Irwan Susanto
Stephen Herbert
Robby Hendra Mukti

President Director
Directors

Budi Hadidjaja
Rusdhyanto Anggoro

648

2008 President Commissioner

Vice President Commissioners
Commissioners

Irsanto Ongko
Santoso Arif Gunawan S
Budi Hadidjaja, Sugiarto Santoso

President Director
Directors

Rico Susilo
Hardyto Murni

2009 President Commissioner

Commissioner

Sean Lai Choong Chang

David Wilyanto

President Director
Directors

Rico Susilo
Handono Warih
Hassan Themas

1,107

979

1998

1999

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time deposits
Trade receivables
Inventories
Time deposit
Receivable from affiliates
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investments
Other Assets

1,559,675
108,095

1,406,838
102,533

40,286

8,618
48,477

Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Non-Current Liabilities
Minority Interests in Subsidiaries

(million rupiah)
2000

2001

2,002

2,003

1,285,064
98,874

1,229,901
118,360

1,065,735
139,608

875,792
139,521

42,313

18,675

26,032

29,009

37,401

7,103
41,831

10,617
53,402

12,039
65,332

14,295
80,775

19,018
68,776

926,127

736,272

765,810
88,322
36,951

584,968
81,935
39,539

967,116

726,599

681,499

794,295

484,465

51,415
526,292

90,264
414,428

33,096
284,150

1,690,940
995,774

1,686,419
1,618,419

2,291,322
2,222,179

2,510,771
2,441,112

2,368,911
2,297,665

2,387,340
2,134,474

298,760

353,185

435,915

471,723

480,555

390,197

4,744

5,318

7,267

3,198

8,257

11,434

119,573

203,568

386,880

507,327

548,501

538,800

695,166

68,000

69,144

69,659

71,246

252,866

(131,264)
212,500

(279,581)
212,500

(1,006,258)
212,500

(1,280,870)
212,500

(1,303,176)
212,500

1,511,548
212,500

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed assets
Retained earnings (accumulated loss)

43,750

43,750

(387,514)

(535,831)

(1,262,508)

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

86,509
97,047
(10,538)
48,429
(58,967)
(494,874)
(553,841)
(347,887)

106,010
96,814
9,196
32,327
(23,132)
(146,767)
(169,899)
(148,816)

147,358
103,264
44,094
31,916
12,178
(731,098)
(718,920)
(726,678)

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price

(819)
(309)
200

(350)
(658)
425

(1,710)
(2,368)
175

(646) (52) (490)

(3,014) (3,066) (3,557)

175 175 175

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

(0.24)
(0.65)
-

(1.21)
(0.65)
-

(0.10)
(0.07)
-

(0.27) (3.33) (0.36)

(0.06) (0.06) (0.05)

0.11
n.a.
1.08
n.a.
n.a.
n.a.
2.00
0.06
(22.31)
n.a.

0.06
n.a.
1.20
0.09
n.a.
n.a.
2.31
0.08
(10.58)
(53.23)

0.04
n.a.
1.78
0.30
n.a.
n.a.
1.93
0.11
(56.55)
(72.22)

0.05
n.a.
2.04
0.28
n.a.
n.a.
2.18
0.16
(22.33)
(21.44)

0.06
n.a
2.22
0.25
0.04
n.a
1.97
0.20
(2.09)
(1.71)

0.07
n.a
2.73
0.05
n.a
n.a
1.97
0.20
(2.09)
(13.79)

1998

1999
(9.80)
112.99
22.54
(57.22)

2000
(8.66)
259.92
39.00
388.31

2001
(4.29)
27.29
34.62
(62.21)

2,002
(13.35)
1.74
6.49
(91.88)

2,003
(17.82)
15.99
(12.68)
834.15

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
2
3
4

Growth (%)
Indicators
Total Asset
Share Holder's Equity
Net Sales/Revenue
Net Provit

43,750

43,750 43,750 43,750

(1,537,120) (1,559,426) (1,767,798)
198,370
142,567
55,803
36,895
18,908
(340,477)
(321,569)
(274,611)

211,247
158,762
52,485
44,976
7,509
107,464
114,973
(22,306)

184,470
175,473
8,997
51,351
(42,353)
(159,631)
(201,984)
(208,372)

SUMMARY OF FINANCIAL STATEMENT

PT. Keramika Indonesia Assosiasi Tbk (KIAS)

2006
TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
DefferedTaxAssets
Investments
OtherAssets
Liabilities
CurrentLiabilities
ofwhich
Tradepayables
Taxespayable
Accruedexpenses
NonCurrentLiabilities

(millionrupiah)
2007

2008

795,688
259,549

801,564
311,093

830,751
378,640

1,134
85,959
115,021
536,139

2,711
146,644
78,579
490,472

3,343
185,304
77,223
452,111

486,829
n.a
n.a
31,316

463,398
n.a
n.a
26,877

445,682
n.a
n.a
25,203

2,610,474
2,298,996

2,700,979
2,376,256

708,590
251,465

58,791
1,697
582,294
311,478

61,577
5,156
599,527
324,723

60,327
17,660
14,359
457,124

(1,814,786)
212,500

(1,899,414)
212,500

122,162
2,212,500

43,750
(2,071,036)

43,750
(2,155,664)

43,750
(2,134,088)

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

205,979
173,522
32,457
38,909
(6,452)
160,580
154,128
146,264

315,418
263,547
51,871
32,599
19,272
(93,196)
(73,924)
(84,628)

415,564
332,297
83,267
43,318
39,949
(23,077)
16,872
21,576

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

n.a
n.a
n.a
n.a

(199)
(4,469)
n.a
175

3
15
n.a
320

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)

n.a
n.a
n.a
n.a

(0.88)
(0.04)
n.a
n.a

119.32
21.07
n.a
n.a

0.11
n.a
3.28
0.16
n.a
0.71
1.51
0.26
18.38
8.06

0.13
n.a
3.37
0.16
0.06
n.a
3.35
0.39
(10.56)
(4.46)

1.51
5.80
0.85
0.20
0.10
0.05
4.30
0.50
2.60
(17.66)

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings(accumulatedloss)

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)
PER=110.13x;PBV=13.01x(June2009)
FinancialYear:December31
PublicAccountant:RasinTarigan(2007);
KanakaPuradiredja,Suhartono(2008)