PT Astra International Tbk

Full Year 2015 - Results Presentation

Disclaimer
This report has been prepared by PT Astra International Tbk independently and is circulated for the
purpose of general information only. It is not intended for the specific person who may receive this report.
The information in this report has been obtained from sources which we deem reliable. No warranty
(expressed or implied) is made as to the accuracy or completeness of the information. All opinions and
estimations included in this report constitute our judgment as of this date and are subject to change
without prior notice.
We disclaim any responsibility or liability whatsoever arising which may be brought or suffered by any
person as a result of acting in reliance upon the whole or any part of the contents of this report and
neither PT Astra International Tbk and/or its affiliated companies and/or their respective employees
and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any
inaccuracy herein or omission here from which might otherwise arise.
Cautionary note on forward-looking statements: This report may contain statements regarding the
business of PT Astra International Tbk and its subsidiaries that are of a forward-looking nature and are
therefore based on management's assumptions about future developments. Forward-looking statements
involve certain risks and uncertainties because they relate to future events. Actual results may vary
materially from those targeted, expected or projected due to several factors. Potential risks and
uncertainties includes such factors as general economic conditions, foreign exchange fluctuations, interest
rate changes, commodity price fluctuations and regulatory developments. The reader and/or listener is
cautioned to not unduly rely on these forward-looking statements. We do not undertake any duty to
publish any update or revision of any forward-looking statements.

Highlights

Net earnings per share down 25% to Rp 357

Net income excluding coal mining impairment down 20% to Rp 16.0 trillion
Automotive markets weaken, although the Groups market share remains strong
Sound balance sheet position supportive of future investment
Period ended 31st December

Net revenue (Rp bn)

Net income (Rp bn)**
Net earnings per share (Rp)

Shareholders funds (Rp bn)***

Net asset value per share (Rp)***

2015

2014*

Change

184,196

201,701

(9%)

14,464

19,191

(25%)

357

474

(25%)

As at 31st
December 2015

As at 31st
December 2014*

Change

102,043

95,494

7%

2,521

2,359

7%

* Restated due to implementation of PSAK 24 (Revised 2013) Employee Benefits

** Net income is profit attributable to owners of the parent i.e. Astra International shareholders.
*** Shareholders' funds and Net asset value per share are based on equity attributable to owners of the parent.
The financial results for the year ended 31st December 2015 and 2014 as well as the financial position as at 31st December 2015 and 2014
have been prepared in accordance with Indonesian Financial Accounting Standards and are audited.

Business Structure
Automotive

Automobile

Toyota
Daihatsu
Isuzu
BMW
Peugeot
UD Trucks

Motorcycle

Financial Services Heavy Equipment Agribusiness

& Mining
Automobile
Astra Credit
Companies
Toyota Astra
Finance

United Tractors
Traktor
Nusantara

Astra Agro Lestari

Toll Road
MMS MMS
: 72km
MTN MHI
: 11km
MHI MTN
: 41km
TMJ

Document
Solution
Astra Graphia

Logistics
Logistics

IT Solution

Federal
International
Finance

SERA / TRAC
SERA / TRAC
Mobil 88 (used)
Mobil 88 (used)
SELOG
SELOG
Toyofuji Logistics
TFLI
Indonesia

Astra Graphia
Information
Technology

Heavy Equipment

Astra Otoparts

Palm Oil
Plantation

Information
Technology

Motorcycle

Honda

Component

Construction
Machinery

Infrastructure
Logistics &
Others

SAN Finance
Komatsu Astra
Finance
Banking

Mining Contracting

Olein Refinery

Pamapersada
Nusantara

Tanjung
Sarana Lestari

Coal Mining

Kreasijaya
Adhikarya

Tuah Turangga
Agung
Commodity Trading

Other

Bank Permata

AstraWorld

Insurance
Asuransi Astra
Buana
Astra Life

Construction
Industry
Acset Indonusa

Astra-KLK Pte.Ltd

Water Utility
Water Utility
Palyja
Palyja
Sea Port

Office Services
Astra Graphia
Xprins Indonesia

Eastkal
Fuel Logistic
Property
Terminal
Gresik
Menara
Astra
Anandamaya
Residences
Sea Port
Eastkal

Market Position at 31 December 2015

Astras car market share decreased from 51% to 50%, while Astras motorcycle market share
increased from 64% to 69%.
Komatsu maintained its leading market position with a 36% market share, down from 40% last
year.

Car

Motorcycle

Others
8%

Suzuki Kawasaki
2%
1%

Honda
16%

Toyota
32%

Yamaha
28%

Nissan
2%
Suzuki
12%

Heavy Equipment

Mitsubishi
11%

Isuzu
2%

Source : Gaikindo

Honda
69%

Others
14%

Daihatsu
17%
Kobelco
10%

Komatsu
36%

Source : AISI

Hitachi
18%
Caterpillar
22%

Source: United Tractors Internal Market Research

Corporate Actions
Jan 15

United Tractors acquired 40% of PT Acset Indonusa Tbk, a construction

company for a purchase consideration of Rp 650 billion.
Astra Agro Lestari acquired 50% of PT Kreasijaya Adhikarya, a refinery
operator in Dumai, Riau Province, with a daily production capacity of
2,000 tonnes of CPO, for a purchase consideration of Rp 75 billion.

Apr 15

United Tractors through Pamapersada Nusantara acquired 75.5% of PT

Sumbawa Jutaraya, a gold mining company, for USD 7.4 million.

May 15

United Tractors acquired a further 10.1% shares of Acset Indonusa, with

purchase consideration Rp 164 billion, raising its shareholding to 50.1%.

Astra Honda Motor started exporting the All New Honda Beat eSP to
the Philippines to expand the market.

Jun15

Astra Otoparts acquired a further 25.8% interest in SKF Indonesia, a

bearing producer for Rp 67 billion, raising its shareholding to 40%.

Corporate Actions
Jul 15

During July, Astratel announced the acquisition of a 25% stake in the 73

km Semarang - Solo toll road, for a purchase consideration of Rp 780
billion.

Aug 15

Astra Otoparts and Bridgestone Indonesia signed a JV agreement to

establish Bridgestone Astra Indonesia, with ownership structure:
Bridgestone 51% and AOP 49%.

Sep 15

Astra Honda Motor commenced its new 5th plant in Karawang with
additional production capacity of 500 thousand units per year for sport
type, increasing the annual production capacity to 5.8 million units per
year.

Dec15

United Tractors, together with Sumitomo Corporation and Kansai

Electric Power Co, Inc, have signed the Power Purchase Agreement
with PLN to develop Tanjung Jati B coal-fired power plant Unit 5 & 6
with the expansion project, each having a capacity of 1,000 MW,
located in Central Java.

Financial Performance

Consolidated Income Statement

The Group experienced challenging trading conditions during 2015 with lower
contributions from all segments, except Information Technology, and we remain cautious
about the immediate outlook. Nevertheless, the Groups strong cash generation and
sound balance sheet is enabling it to invest for the future and benefit from any
improvement in economic conditions.
- Prijono Sugiarto, President Director In Billion Rupiah
IDR / USD, average
Net Revenue
Gross Profit
Selling, General and Administrative
Expenses
Impairment Losses Related to Mining
Properties
Other Income (Expense)
Equity Income
Income Tax Expenses
Non-controlling interests
Net Income

2015
13,458
184,196
36,710

2014*
11,885
201,701
38,809

Change
13%
(9%)
(5%)

(19,498)

(18,646)

5%

(5,255)

(2,744)

92%

3,206
4,467
(4,017)
(1,149)
14,464

3,394
6,245
(4,927)
(2,940)
19,191

(6%)
(28%)
(18%)
(61%)
(25%)

* Restated due to implementation of PSAK 24 (revised 2013) Employee Benefits

Astra Portfolio as at 31 December 2015

Ownership
%

Share of NI %
2015
Auto

2014

Non-Auto

Auto

Non-Auto

4W Automotive
SO Toyota, Daihatsu, Isuzu
Toyota Astra Motor
Astra Daihatsu Motor
Isuzu Astra Motor Indonesia

100
51
32
50

31

26

50
100

19

15

80

2W Automotive
Astra Honda Motor
Honda SO

Component
Astra Otoparts
Financial Services
Astra Sedaya Finance
Federal International Finance
Toyota Astra Financial Services
Komatsu Astra Finance
SAN Finance
Asuransi Astra Buana
Permata Bank
Astra Life

86
100
50
50
60
96
45
50

2001 2013 2014 2015

24

19

Auto (Incl. auto

related Financial
Services)

89% 68% 63% 76%

Non-Auto

11% 32% 37% 24%

Heavy Equipment & Mining

United Tractors
Pamapersada Nusantara
Tuah Turangga Agung
Acset Indonusa
Traktor Nusantara

Agribusiness
Astra Agro Lestari
Infrastructure, Logistics, IT & Others
SERA
Palyja
Marga Mandalasakti
Astra Graphia

60
60
60
30
50

80
100
49
79
77

16

17

10

Consolidated Balance Sheet

Astras net asset value per share of Rp 2,521 at 31 December 2015 was 7% higher than at the end of 2014.
Net cash, excluding the Groups financial services subsidiaries, was Rp 1.0 trillion, compared to net debt of
Rp 3.3 trillion at the end of 2014, due to strong working capital inflows. The Groups financial services
subsidiaries had net debt of Rp 44.6 trillion, compared to Rp 45.9 trillion at the end of 2014.
In Billion Rupiah
Cash and Cash Equivalents
Trade Receivables
Inventories
Financing Receivables
Investment in Joint Ventures and Associates
Fixed Assets
Other Assets
Total Assets
Short-term Borrowings
Trade Payables
Long-term Debt
Other Liabilities
Total Liabilities
Equity Attributable to the Owners of The Parent
Non controlling Interest
Total Equity
Net Debt (Cash)
Net Debt (Cash) (Excl. Financial Services)

31-Dec-15
27,102
17,776
18,337
60,105
29,640
41,702
50,773
245,435
11,975
20,557
58,674
27,696
118,902
102,043
24,490
126,533
43,547
(1,034)

31-Dec-14*
20,902
21,332
16,986
60,705
27,218
41,250
47,634
236,027
10,586
18,839
59,486
26,929
115,840
95,494
24,693
120,187
49,170
3,314

Change
30%
(17%)
8%
(1%)
9%
1%
7%
4%
13%
9%
(1%)
3%
3%
7%
(1%)
5%
(11%)
(131%)

* Restated due to implementation of PSAK 24 (revised 2013) Employee Benefits

10

Consolidated Cash Flow

In 2015, Astras booked cash surplus of Rp 5.3 trillion, with ending consolidated cash balance
(incl. Bank Overdraft) as at 31 December 2015 of Rp 27 trillion.
In Billion Rupiah

2015

2014

Change

Cash generated from operations

31,508

19,280

12,228

Tax Payments

(6,498)

(5,588)

(910)

1,280

1,271

3,554

4,062

(508)

29,884

19,025

10,819

(7,890)

(10,771)

2,881

(2,251)

(2,418)

167

(954)

(437)

(517)

(10,095)

(13,626)

2,531

(2,120)

4,874

(6,994)

Finance Costs Paid

(718)

(912)

194

Dividend Payments

(10,585)

(10,201)

(384)

16

2,194

(2,178)

(13,407)

(4,045)

(9,362)

5,342

1,354

3,988

20,728

18,555

2,173

1,002

819

183

27,072

20,728

6,344

Interest received
Dividend Received
Net Cash flow provided from Operating Activities +
Dividend Received
Net Capex
Net Investment
Other Investing
Net Cash flow used in Investing Activities Dividend
Received
Net Proceeds of Debt

Other Financing
Net Cash flow used in Financing Activities
Increase/ (Decrease) in Cash
Opening Cash Balance (incl. Bank Overdraft)
Exchange Rate Adjustment
Closing Cash Balance (incl. Bank Overdraft)

11

Business Updates

Historic Domestic Car Sales

In 2015, car sales continue weakened due to a general slow-down in the economy.
In thousand units
Astra

Weak GDP of 4.79%

(16%)

LTV Policy
(25%)

Others

1,230

1,208

1,116
Fuel price increase
(40%)

1,013

Lehman Crisis
(20%)

894

608
319

144

290

212

175

222

2006

2007

594
503

411
486

434

575

511

765
338

205

318

281

2008

2009

426

483

2010

2011

605

655

614

2012

2013

2014

510

2015

Segment

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Sedan

6%

6%

6%

5%

4%

3%

3%

3%

2%

2%

4x2 & 4x4

63%

66%

64%

69%

67%

64%

67%

69%

71%

70%

Commercial

31%

28%

30%

26%

29%

33%

30%

28%

27%

28%

Source: Gaikindo

13

Automotive Wholesale Car Market

Astras car sales fell by 17% to 510,000 units, with its market share decreasing from 51% to 50%.

16%

2015
1,013,291

2014
1,208,019
Others 8.6%
Nissan 2.8%

Others 8.3%
Nissan 2.5%
Honda 15.7%

Others
503,067
49.6%

Commercial
280,254
27.7%

Commercial
33.8%

Commercial
18.6%

Mitsubishi
11.8%

4x2 & 4x4

79.6%

Toyota
31.8%

Sedan 1.8%

M/S
2015

AI Product
Segment

Commercial
17.2%

Isuzu 1.9%

Daihatsu
16.6%

Brand

4x2 & 4x4

715,559
70.6%
4x2 & 4x4
56.8%
Sedan
1.7%

Segment

Astra
614,505
50.8%

Isuzu 2.3%

Daihatsu
15.3%

4x2 & 4x4

80.7%

4x2 & 4x4

854,146
70.7%

4x2 & 4x4

58%

Toyota
33.1%
Sedan
1.8%

Sedan 2.1%

Sedan 51.2%

AI Product
M/S

Commercial
31.9%

Suzuki 12.8%

Suzuki 12%
Mitsubishi
11.1%

Astra
510,224
50.4%

Honda 13.2%

Others
593,850
49.2%

Commercial
331,991
27.5%

M/S
2014

Source: Gaikindo

AI Product
Segment

Brand

Segment

Sedan 58.2%

AI Product
M/S

14

Automotive Car Product Launches

In 2015, Astra launched 17 new models and 13 revamped models.

Daihatsu Sirion
February 2015

Toyota Grand New Avanza & Veloz

August 2015

Toyota All New Alphard

March 2015

Toyota All New Innova

November 2015

Isuzu D-Max
June 2015

BMW 740 Li
November 2015

15

Historic Domestic Motorcycle Sales

Wholesale market for motorcycles decreased by 18% to 6.5 million units in 2015.
Scooter matic continues to dominate the motorcycle market.

In thousand units
Astra
Others

Lehman Crisis
(6%)

Fuel price
increase
(13%)

4,427
2,087

7,373
6,216

8,013
7,064
3,739

7,867

3,047

2,816

2,975

3,957

3,341

7,744

6,480

5,852

4,688

Weak GDP of 4.79%

(18%)

LTV Policy
(12%)

2,026

3,151

2,547

2,340

2,141

2006

2007

2,875

2,701

2008

2009

3,416

4,274

4,089

4,697

5,051

4,454

2011

2012

2013

2014

2015

2010

Segment

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Cub

84%

73%

63%

52%

45%

38%

26%

19%

16%

12%

Scooter

8%

18%

26%

39%

46%

52%

60%

63%

68%

75%

Sport

8%

9%

11%

9%

9%

11%

14%

18%

16%

13%

Source: AISI

16

Automotive Wholesale Motorcycle Market

Astra Honda Motors sales decreased by 12% to 4.5 million units, with its market share increasing
from 64% to 69%.

2015
6,480,155

2014
7,867,195

18%

Others, 2.2%

Sport/Others
30.6%

Suzuki, 3.5%
Others 1.8%
Suzuki 1.7%
Yamaha,
1,798,630
27.8%

Sport/Others
34.2%

Sport & Others

13.4%

Yamaha,
2,371,082
30.1%
Sport/Others
7.6%

Sport/Others
6.7%

Honda,
4,453,888
68.7%

Brand
2015

Scooter
3,750,803
84.2%

Sport & Others

16%

Scooter
3,750,803
76.9%

Cub
404,872
9.1%

Cub
404,872
55.4%

Honda Segment

Honda Product
M/S

Scooter
4,877,725
75.3%

Honda,
5,051,100
64.2%

Cub
731,166
11.3%
Segment

Scooter
3,880,269
76.8%

Cub
786,848
15.6%

Brand
2014
Source: AISI

Honda Segment

Scooter
3,880,269
72.9%

Cub
786,848
61.1%

Honda Product
M/S

Scooter
5,323,291
67.7%

Cub
1,287,158
16.4%
Segment

17

Automotive Motorcycle Product Launches

In 2015, Astra Honda Motor launched 9 new products and 8 revamped products.

Honda Vario 150 eSP

January 2015

Honda Sonic 150 R

August 2015

Honda Revo Series

May 2015

Honda CB 150 R
August 2015

Honda NM4 Vultus

June 2015

Honda Supra X 125F FI

November 2015
18

Automotive - Components
Astra Otoparts, the Groups component business, saw net income fall by 63% to Rp 319 billion, due to
a lower contribution from its manufacturing business brought about by a decline in the OEM market
and a weaker Rupiah, despite seeing a slight improvement in export and after market revenues.
Revenue (IDR billion)

Net Income (IDR billion)

4%

11,724

10%
38%

63%

10%
Export,
0%

38%

52%

52%

2015

2014

Export

870*

12,255

After Market

After
Market,
172%

OEM,
-72%

OEM,
35%

319
31
287
2015

OEM

Export,
5%

488

Equity Income

382

After
Market,
60%

2014
Consolidated Income

* Restated due to implementation of PSAK 24 (Revised 2013) Employee Benefits

19

Financial Services
Net income from the Groups financial services businesses decreased 25% to Rp 3.6 trillion. Excluding the one-time gain
from the acquisition of a 50% stake in Astra Aviva Life in May 2014, net income from the Groups financial services
businesses declined by 18%. Increased earnings at Federal International Finance and Toyota Astra Financial Services were
offset by a decline in the contributions from its other financial services interests.
Unit Financed

Auto

2014

ACC (Incl. HE)

22,094

27,540

(20)

TAFS

9,844

10,297

(4)

Total 4W

31,938

37,837

(16)

FIF

28,812

26,736

904

(7)

Total Auto

60,750

64,573

(6)

1,721

2,004

(14)

SANF

3,065

2,803

68

139

(51)

KAF

832

837

(1)

1,789

2,143

(17)

3,897

3,640

2014

ACC (new & used cars)

161,139

209,879

(23)

TAFS

65,195

68,933

(5)

Total 4W

226,334

278,838

(19)

3,152

3,086

845

SANF
KAF

FIF (Incl.Electronics)000
ACC (HE - Fleet)
HE

2015

2015

Total SANF & KAF

Amount Financed (Rp bio)

Auto

HE

Total HE

Asuransi Astra Buana

Bank Permata

Lower net income by 10% to Rp 911 billion.

2015 consolidated net income decreased by

84% to Rp 247 billion.

2015 Gross Written Premium up by 9% year

on year to Rp 4.5 trillion.
RBC : 197%, requirement 120%.

Loan book decreased by 3% to Rp 130 trillion.

LDR 88% & CAR 15%.

Gross-NPL ratio up from 1.7% to 2.7%.

20

Historic Heavy Equipment Market

Heavy equipment market in 2015 continued to be driven lower by a decline in the
mining sector due to weaker coal prices.
17,360
14,421

In Units
11,781
Others

Komatsu

9,684

7,038
4,687

5,339
3,584

6,644

2006

4,345

2007

2008

8,867

6,377
6,049
5,354

3,533

3,454

10,252

8,219

2,437
2,250

8,893

8,467

3,788

6,202

5,404

4,203

3,111

2009

2010

2011

5,912

2012

2013

3,513

2014

2,124

2015

Market Share

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Komatsu

48%

49%

45%

47%

46%

49%

43%

41%

40%

36%

Caterpillar

23%

22%

23%

21%

16%

18%

19%

19%

18%

22%

Hitachi

16%

16%

17%

18%

19%

15%

21%

21%

20%

18%

Others

13%

13%

15%

14%

19%

18%

17%

19%

22%

24%

Source: UTs internal research

21

Heavy Equipment and Mining

United Tractors, which is 59.5%-owned, reported net income of Rp 3.9 trillion, a 28% decrease due to an increase in the
impairment charge made on its coal mining properties and 7% lower net revenue, despite the benefit of a weaker Rupiah on
its US dollar denominated income and US dollar denominated monetary assets.

Mining Contracting

Revenue (Rp bio)

7%

49,347
1,357

53,142
4,666
Coal
Prod:
4%

3,816

33,493

30,545

2015

2014

Construction Machinery

Mining Contracting

Mining

Construction Contracting

OB
Removal:
5%

113.5

2015

Komatsu Unit Sales

40%

766.6

109.0

14,983

13,629

806.4

Coal Production (mn tonnes)

2014
Overburden Removal (mn bcm)

Coal Mines: Sales

18%

3,513
23%

2,124
14%

28%

36%

14%

21%
29%
2015
Mining

Forestry

5,672
4,626

35%
2015

2014
Construction

Agro

2014

TTA Mine (all in thousand tonnes)

22

Historic Palm Oil Production

The growth of Indonesias CPO production is mainly due to the added planted areas by the palm
oil producers in Indonesia during commodities boom in 2010.

In million tonnes

16.1

17.3

19.4

21.0

22.1

2006

2007

2008

2009

2010

24.3

2011

26.9

28.5

2012

2013

31.3

33.6

2014

2015F

Palm Oil Area

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015F

Mature (Million
hectare)

4.11

4.54

4.95

5.37

5.74

6.08

6.65

7.72

8.15

8.63

Yields (T/Ha)

3.91

3.80

3.92

3.91

3.85

4.00

4.05

3.69

3.84

3.89

Source : Oil World (as of 11 December 2015)

23

Agribusiness

Astra Agro Lestari, which is 79.7%-held, reported net income of Rp 619 billion, down 75%. Average crude palm oil
prices achieved were 16% lower at Rp 6,971/kg compared with last year. The benefit of a weaker Rupiah on its US
dollar denominated and linked income was more than offset by its US dollar monetary liabilities.
Revenue (Rp bio)
20%
13,059
4,366

CPO Yield (tonne/Ha)

16,306

3%

3,077

Export
Local

4.84

4.68

13,229

8,693
2015

2015

2014

2014

Area Maturity (K Ha) *

CPO Production & Sales (K tonnes)

298
39
CPO
Prod:
0.4%

CPO
Sales:
24%
1,744

1,737
1,042
412
2015
Production

Immature

259

1,375

298
43

Mature

255

255
Sales

2014
Olein Sales

2015

2014

* Incl. plasma plantation

24

Infrastructure, Logistics & IT

MMS Vehicle Traffic Volume (K unit)
7%

46,475

43,336

2015

2014

TRAC Rental Car (unit)

The 72.5 km Tangerang-Merak toll road, operated

by 79.3%-owned Marga Mandalasakti, reported a
7% increase in traffic volumes to 46 million vehicles.
Serasi Autorayas revenue declined by 5% and net
income decreased by 68% to Rp 51 billion, with a
15% decline in the number of vehicles under
contract at its car leasing and rental business to
25,000 units.
Astragraphia booked higher revenue by 16% on
higher performance in document solution and
software product line.

Astragraphia Revenue (Rp bio)

2,655

12%

17%

39%
AGIT

24,573

28,777

2,282
38%

15%

61%

62%
AGDS

2015

2014

2015

2014

25

Appendices

Divisional Net Revenue and Net Income

Divisional Net Revenue
In Billion Rupiah

2015

2014

Change

Automotive

95,434

106,972

(11%)

Financial Services

17,074

15,529

10%

Heavy Equipment & Mining

49,209

53,124

(7%)

Agribusiness

13,059

16,306

(20%)

Infrastructure, Logistics & Others

6,946

7,759

(10%)

Information Technology

2,474

2,012

23%

184,196

201,701

(9%)

2015

2014*

Change

Automotive

7,464

8,491

(12%)

Financial Services

3,555

4,750

(25%)

Heavy Equipment & Mining

2,342

3,263

(28%)

Agribusiness

493

1,996

(75%)

Infrastructure, Logistics & Others

406

491

(17%)

Information Technology

204

200

2%

14,464

19,191

(25%)

Total

Divisional Net Income

In Billion Rupiah

Total

* Restated due to implementation of PSAK 24 (revised 2013) Employee Benefits

27

Car Products Launched in 2015

Models Launched

Launching
Period

Engine Capacity

Prices (IDR mn)

Jan15
Feb15
Feb15
Feb15
Feb15
Mar15
Mar15
Mar15
Mar15
Mar15
Apr15
Apr15
May15
Jun15

1,200cc
2,000cc
2,000cc
125ps
1,300cc
1,500cc
2,400 - 3,500cc
3,500cc
1,200cc
1,500cc
1,500cc
2,500cc
3,000cc
2,500cc

145.3 - 171.1
935
979
448
155.8-176.8
186.9-243.2
830-1.530
980
172.6
228.7- 257.6
619*
545-744
1,889*
291.8-460.2

Car
Toyota Etios
Lexus NX 200T F Sport
Lexus NX 200T F Luxury
Isuzu Elf NKR71 HD 4x4
Daihatsu Sirion
Daihatsu Terios
Toyota All New Alphard
Toyota All New Vellfire
Toyota Etios TOMS
Toyota Rush
BMW 128i Active Tourer
Toyota Camry
BMW X6 xDrive 35i
Isuzu D-Max
*off the road

28

Car Products Launched in 2015

Models Launched

Launching
Period

Engine Capacity

Prices (IDR mn)

Aug'15
Aug'15
Aug'15
Aug'15
Aug'15
Aug'15
Aug'15
Aug'15
Nov'15
Nov'15
Nov'15
Nov'15
Nov'15
Nov'15
Nov'15
Nov'15

1,000cc 1,300cc
1,300cc 1,500cc
1,300cc 1,500cc
2,000cc 2,500cc
1,500cc
1,600cc
2,500cc
3,000cc
3,000cc
3,000cc
2000cc 2,400cc
2,000cc
2,000cc
2,000cc
1,500cc
2,800cc 4,500cc

151.7-205.8
178.1-211
204.2-226.9
194.4-435.1
659*
516.8*
940-1,035
1,199*
2,089*
2,499*
282-423.8
679*
719*
829*
639*
1,840.7-2,272.5

Car
Daihatsu Great New Xenia
Toyota Grand New Avanza
Toyota Grand New Veloz
Toyota All New Hi-Lux
BMW 218i Gran Tourer Luxury
Peugeot 3008
Lexus ES Series
BMW 340i M Sport Individual
BMW 740Li Executive
BMW 740Li Pure Excellence
Toyota All New Innova
BMW 320i Sport
BMW 320i M Sport
BMW 330i M Sport
BMW 118i M Sport
Toyota Land Cruiser
*off the road

29

Motorcycle Products Launched in 2015

Models Launched

Launching Period

Engine Capacity

Prices (IDR mn)

Honda Vario 125 eSP

Jan15

125cc

16.9-17.5

Honda Vario 150 eSP

Jan15

150cc

19.9-20.1

Honda Scoopy FI

May15

110cc

16.3

Honda Revo Series

May15

100-110cc

13.0-14.6

Honda PCX

May15

150cc

39.8

Honda CBR 1000 RR SP

Jun15

1,000cc

575

Honda NM 4 Vultus

Jun15

745cc

435

Honda CBR 650 F

Jun15

650cc

240

Honda CB 650 F ABS

Jun15

650cc

235

Honda CB 500 F ABS

Jun15

500cc

125

Honda CB 500 X

Jun15

500cc

135

Motorcycle

30

Motorcycle Products Launched in 2015

Models Launched

Launching Period

Engine Capacity

Prices (IDR mn)

Honda Sonic 150R

Aug15

150cc

21

Honda CB 150 R StreetFire

Aug15

150cc

25.4

Honda Verza

Aug15

150cc

17.9-18.8

Honda Vario 110 eSP

Sep15

150cc

15.8-16.7

Honda Supra X 125 FI

Nov'15

125cc

16.2-17.3

Honda Blade 125 FI

Nov'15

125cc

16.6-17.2

Motorcycle

31

National Market Data

2015

2014
Astra

Wholesale

Astra

Sedan

17,478

51.2%

21,882

58.2%

4X2 & 4X4

715,559

56.8%

854,146

58%

Pick Up / Truck / Bus

267,585

33.4%

320,532

31.7%

Double Cabin

12,669

43.1%

11,459

36.4%

1,013,291

50.4%

1,208,019

50.8%

Car

Wholesale

Total

Motorcycle

Cub
Scooter
Sport & Others

Source:
Gaikindo & AISI
Total

731,166

55.4%

1,287,158

61.1%

4,877,725

76.9%

5,323,291

72.9%

871,264

34.2%

1,256,746

30.6%

6,480,155

68.7%

7,867,195

64.2%

Major Brands
Toyota - Vios/Limo, Camry, Altis; Honda - City, Civic,
Accord; BMW - 3 Series, 5 Series
Toyota - Avanza, Agya, Innova, Rush
Daihatsu - Xenia, Ayla, Terios; Honda Mobilio,
HR-V, Jazz; Suzuki - Ertiga, Karimun Wagon - R, APV;
Datsun Go Panca; Mitsubishi Pajero Sport,
Mirage, Outlander Sport; Nissan Livina, X-Trail,
March
Daihatsu Gran Max; Suzuki Carry, APV;
Mitsubishi Canter, L-300, Strada; Isuzu Elf, Giga;
Panther; Toyota Hi-Lux, Dyna, Hi-Ace
Toyota - Hilux; Mitsubishi - Strada; Ford - Ranger;
Isuzu - D-Max; Nissan - Frontier
Honda - Supra X 125, Revo Series, Blade; Yamaha
Jupiter MX King, Jupiter ZX, Vega Force; Suzuki
Shooter, Shogun Axelo
Honda - BeAT, Vario, Scoopy; Yamaha - Mio, X Ride,
GT 125; Suzuki Adress
Yamaha - V-ixion R - 15, Byson; Honda CB 150 R
Street Fire, CBR 150R, Verza, Sonic 150R; Suzuki Satria F 150

32

For further information please contact:

PT Astra International Tbk:
Corporate Investor Relations Division
P: (+62 21) 652 2555
F: (+62 21) 6530 4953
E: irel@ai.astra.co.id

33