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
Fax (021) 461-6655, 461-6677
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 recorded net income in 2009 at IDR1.66 trillion, or decreased from IDR2.631
trillion recorded in 2008.
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.

Agriculture, Forestry and Fishing

Summary of Financial Statement
(Million Rupiah)
2007
2008
2009
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

5,352,986
1,647,854

6,519,791
1,975,656

7,571,399
1,714,426

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

867,676
16,346
781,363
4,544,135

788,549
150,091
610,031
5,856,973

1,755,574
65,792
74,702

2,001,772
61,501
85,378

2,444,959
92,493
157,888

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

1,150,575
1,027,958

1,183,215
1,016,167

1,144,783
938,976

165,725
556,828
31,284
122,617
141,809

291,455
452,036
97,961
167,048
180,331

238,001
297,801
107,383
205,807
200,251

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

4,060,602
787,373

5,156,245
787,373

6,226,365
787,373

83,476
3,300
3,186,453

83,476
3,300
4,282,096

83,476
3,300
5,352,216

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

5,960,954
2,773,747
3,187,207
281,162
2,906,045
14,197
2,920,242
1,973,428

8,161,217
4,357,818
3,803,399
426,055
3,377,344
572,091
3,949,435
2,631,019

7,424,283
4,322,498
3,101,785
491,567
2,610,218
(109,792)
2,500,426
1,660,649

Per Share Data (Rp)

Earnings per Share
Equity per Share
Dividend per Share
Closing Price

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

1,671
3,274
n.a
9,800

1,055
3,954
685
22,750

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

22.34
10.86
n.a
n.a

5.87
2.99
n.a
n.a

21.57
5.75
64.96
17.32

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 (%)

1.60
0.28
0.21
0.53
0.49
0.33
6.70
1.11
36.87
48.60

1.94
0.23
0.18
0.47
0.41
0.32
5.58
1.25
40.35
51.03

1.83
0.18
0.15
0.42
0.35
0.22
7.09
0.98
21.93
26.67

PER = 20.77x ; PBV = 4.97x (June 2010)

Financial Year: December 31
Public Accountant: Haryanto Sahari & Co.

Total Assets
Current Assets
Non-Current Assets

79.68%
20.32%

2009

June

June

7,772,875

7,528,364

1,291,353

2,381,613

6,481,522

5,146,751

Liabilities

1,458,050

1,686,258

Shareholders' Equity

6,130,559

5,682,009

Net Sales

3,517,795

3,537,853

636,451

769,849

Profit after Taxes

Shareholders
PT Astra International Tbk
Public

(million rupiah)
2010

ROI (%)

8.19

10.23

ROE (%)

10.38

13.55

Indonesian Capital Market Directory 2010

PT Astra Agro Lestari Tbk.

Agriculture, Forestry and Fishing

Board of Commissioners
President Commissioner Prijono Sugiarto
Vice President Commissioner Chiew Sin Cheok
Commissioners Patrick Morris Alexander, H.S. Dillon,
Stephen Zacharia Satyahadi,
Gunawan Geniusahardja, Simon Collier Dixon
No

Type of Listing

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

Board of Directors
President Director Widya Wiryawan
Vice President Director Tonny Hermawan Koerhidayat
Directors Bambang Palgoenadi, Joko Supriyono,
Juddy Arianto, Santosa
Number of Employees 25,335

Listing Date

Trading Date

Number of Shares
per Listing

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

1997
1998
1999
2002
2002
2002
2003
2004
Jan-05
Feb-05
Mar-05
Apr-05
May-05

125,800,000
1,132,200,000
251,600,000
12,005,000
5,201,500
43,500
15,903,500
33,064,500
95,000
411,000
1,002,500
104,000
243,000

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

Total Listed
Shares
125,800,000
1,258,000,000
1,509,600,000
1,521,605,000
1,526,806,000
1,526,850,000
1,542,753,500
1,575,818,000
1,575,913,000
1,576,324,000
1,577,326,500
1,577,430,500
1,577,673,500

Underwriter PT Danareksa Sekuritas

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Million Shares

Stock Price (Rp)

10

30,000

9
25,000

8
7

20,000

6
5

15,000

4
10,000

3
2

5,000

1
-

Jan-09

Mar-09

May-09

Jul-09

Institute for Economic and Financial Research

Sep-09

Nov-09

Jan-10

Mar-10

May-10