PT Delta Djakarta Tbk.

Food and Beverages

Head Office/Factory Jl. Inspeksi Tarum Barat Summary of Financial Statement

Desa Setia Darma
Tambun, Bekasi Timur 17510 (Million Rupiah)
Phone (021) 882-2520, 880-0511 2011 2012 2013
Fax (021) 881-9423, 880-0513 Total Assets 696,167 745,307 867,041
Po.Box. 180, Bekasi 17018 Current Assets 577,645 631,333 748,111
E-mail : deltadjakarta@deltajkt.co.id of which
Website: www.deltajkt.co.id Cash and cash equivalents 246,669 290,769 433,776
Business Beverages Industry Trade receivables 175,237 149,496 117,545
Company Status PMA Inventories 84,458 152,086 171,745
Non-Current Assets 118,522 113,974 118,930
Financial Performance: The Company booked net income of which
at IDR270 billion in 2013, or increase from IDR213 billion in Fixed Assets-Net 98,160 95,121 93,079
Deffered Tax Assets 6,810 8,952 13,283
2012.
Other Assets 1,320 1,286 984
Brief History: PT Delta Djakarta is the manufacturer and
distributor of some of the best beer brands in the world under Liabilities 123,231 147,095 190,483
the Anker, Carlsberg, San Miguel, and Kuda Putih trademarks. Current Liabilities 96,129 119,920 158,991
The company is also a key figure in the countrys non-alcoholic of which
Trade payables 30,093 26,760 44,667
beverages market; with brands Sodaku and Soda Ice among In-
Taxes and excise payable 22,828 33,352 26,255
donesias top-sellers. Accrued expenses 15,067 28,427 43,143
Since its founding in 1932 by German firm Archipel Brou- Non-Current Liabilities 27,102 27,176 31,492
werij NV, leadership of PT Delta Djakarta has changed hands
many times. In World War II, control of the company was Shareholders' Equity 572,935 598,212 676,558
Paid-up capital 16,013 16,013 16,013
turned over to a Dutch firm before being passed on to a Japa-
Paid-up capital
nese company in 1942. Three years later, the Dutch regained in excess of par value 19,016 19,016 19,016
control. Retained earnings 537,907 563,183 641,529
In 1970, the company took the name PT Delta Djakarta;
and in 1984 was part of the first-generation of companies in In- Net Sales 564,051 719,952 867,067
Cost of Goods Sold 171,150 202,564 261,802
donesia to go public and sell shares at the Jakarta and Surabaya
Gross Profit 392,901 517,388 605,264
Stock Exchanges. To date, PT Delta Djakartas major share- Operating Expenses 191,494 235,301 267,960
holders include the Municipal Government of Jakarta and San Operating Profit 201,407 282,087 337,305
Miguel Malaysia (L) Private Limited. Its breweries are located in Other Income (Expenses) 3,464 5,418 21,091
Jalan Inspeksi Tarum Barat, East Bekasi and West Java. Profit (Loss) before Taxes 204,871 287,505 358,396
Comprehensive Profit (Loss) 151,715 213,421 270,498

Per Share Data (Rp)

Earnings (Loss) per Share 9,474 13,328 16,892
Equity per Share 35,779 37,357 42,250
Dividend per Share 11000 11,500 12,000
Closing Price 111,500 255,000 380,000

Financial Ratios
PER (x) 11.77 19.13 22.50
PBV (x) 3.12 6.83 8.99
Dividend Payout (%) n.a 86.29 71.04
Dividend Yield (%) n.a 30.78 28.40

Current Ratio (x) 6.01 5.26 4.71

Debt to Equity (x) 0.22 0.25 0.28
Leverage Ratio (x) 0.18 0.20 0.22
Gross Profit Margin (x) 0.70 0.72 0.70
Operating Profit Margin (x) 0.36 0.39 0.39
Net Profit Margin (x) 0.27 0.30 0.31
Inventory Turnover (x) 2.03 1.33 1.52
Total Assets Turnover (x) 0.81 0.97 1.00
ROI (%) 21.79 28.64 31.20
ROE (%) 26.48 35.68 39.98

Shareholders PER = 23,58x ; PBV = 10,39x (June 2014)

Financial Year: December 31
San Miguel Malaysia (L) 58.33% Public Accountant: Osman Bing Satrio & Eny
Municipal Government of Jakarta 23.34%
Public 18.33%

166 Indonesian Capital Market Directory 2014

PT Delta Djakarta Tbk. Food and Beverages

Board of Commissioners Board of Directors

President Commissioner Heru Budi Hartono President Director Raymundo Yadao Albano
Commissioners Takeshi Wada, Reynato Serrano Puno, Directors Ernest Tiu Tudtud, Alan De Vera Fernandez,
Ir. Ongky Soekasah, Carlos Antonio Mayo Berba Ronny Titiheruw, Domingo Cabrera Guzman

Number of Employees 420

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 27-Feb-84 27-Feb-84 347,400 347,400

2 Additional Listing 08-Jul-85 08-Jul-85 41,688 389,088
3 Bonus Shares 14-Apr-87 14-Apr-87 1,719 390,807
4 Second Issue 30-Jan-88 30-Jan-88 192,825 583,632
5 Bonus Shares 06-Aug-92 06-Aug-92 52,681 636,313
6 Dividend Shares 21-May-93 21-May-93 63,729 700,042
7 Partial Listing 21-May-93 21-May-93 15,000 715,042
8 Bonus Shares 15-Oct-93 15-Oct-93 1,430,084 2,145,126
9 Partial Listing 04-Aug-94 04-Aug-94 795,693 2,940,819
10 Right Issue 10-Dec-99 10-Dec-99 420,347 3,361,166
11 Company Listing 21-Dec-00 21-Dec-00 12,652,015 16,013,181
Underwriters
PT Inter-Pacific Financial Corporation (IPO), PT Sirca Datapro Perdana
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price Shares Traded Trading Listed Market
Month High Low Close Volume Value Frequency Day Shares Capitalization
(Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)
January-13 250,000 249,500 250,000 208.00 43,907.00 14 9 16,013,181 4,003,295.00
February-13 290,000 250,000 285,000 13.00 3,456.00 26 8 16,013,181 4,563,757.00
March-13 330,000 287,000 330,000 17.00 5,145.00 33 9 16,013,181 5,284,350.00
April-13 341,000 316,000 325,000 55.00 17,793.00 29 10 16,013,181 5,204,284.00
May-13 350,200 325,000 350,000 124.00 42,763.00 114 13 16,013,181 5,604,613.00
June-13 350,000 344,000 350,000 48.00 16,537.00 49 11 16,013,181 5,604,613.00
July-13 370,000 321,500 340,000 13.00 4,403.00 16 8 16,013,181 5,444,482.00
August-13 0 0 340,000 0.00 0.00 0 0 16,013,181 5,444,482.00
September-13 0 0 340,000 0.00 0.00 0 0 16,013,181 5,444,482.00
October-13 360,000 315,000 360,000 3.00 1,148.00 11 6 16,013,181 5,764,745.00
November-13 364,500 360,000 360,000 2.00 846.00 6 6 16,013,181 5,764,745.00
December-13 380,000 380,000 380,000 1.00 412.00 4 3 16,013,181 6,085,009.00
January-14 360,000 355,000 355,000 6.00 2,206.00 8 5 16,013,181 5,684,679.00
February-14 359,000 350,000 350,000 2.00 632.00 8 2 16,013,181 5,604,613.00
March-14 350,000 345,000 350,000 2.00 801.00 13 7 16,013,181 5,604,613.00
April-14 364,000 350,000 361,500 7.00 2,465.00 35 10 16,013,181 5,788,765.00
May-14 375,000 361,500 375,000 2.00 600.00 12 5 16,013,181 6,004,943.00
June-14 375,000 350,000 360,000 70.00 23,973.00 46 9 16,013,181 5,764,745.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
400,000 4

350,000 3

300,000
3
250,000
2
200,000
2
150,000
1
100,000

50,000 1

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 167