PT Asuransi Bina Dana Arta Tbk.

(Formerly PT Dharmala Insurance Tbk) Insurance

Head Office Plaza ABDA 27th Floor Summary of Financial Statement

Jl. Jend. Sudirman Kav. 59
Jakarta 12190 (Million Rupiah)
Phone (021) 5140-1688 (Hunting) 2012 2013 2014
Fax (021) 5140-1698-99 Total Assets 1,731,600 2,153,350 2,681,038
E-mail: contactus@abdainsurance.co.id Current Assets 658,261 965,831 1,276,640
Website: www.abdainsurance.co.id of which
Business General Insurance Cash and Cash Equivalents 504,879 798,030 1,034,077
Company Status PMA Premium receivables 98,043 145,999 218,968
Receivable from reinsurers 4,315 4,384 6,585
Brief History: PT. Asuransi Bina Dana Arta Tbk, was es- Non-current Assets 1,073,339 1,187,519 1,404,398
tablished and located in Jakarta as per Notarial Deed from Kar- of which
tini Mulyadi SH, No. 78 dated October 12, 1982. Fixed Assets-Net 64,227 72,588 97,679
The Company is engaged in providing general insurance Investment 754,283 855,558 1,179,527
Deffered Tax Assets-Net 3,557 4,469 5,651
for : Fire, Motor Vehicles, Engineering, Liabilities, Marine Cargo,
Other Assets 2,319 1,938 1,863
Heavy Equipment, Health, Miscellaneous and others.
In its first year, the Company’s name was PT. Asuransi Liabilities 1,110,144 1,337,036 1,461,378
Current Liabilities 50,018 88,277 88,801
Bina Dharma Arta and in 1994 changed into PT. Dharmala in-
of which
surance. The Company was renamed PT. Asuransi Bina Dana Claims payable 17,740 21,920 23,790
Arta Tbk, also known as ABDA Insurance since 1999. Payable to reinsurers 4,152 3,240 5,804
At present, the Company’s head office is located in Plaza Taxes payable 6,516 9,401 3,979
ABDA, Jl. Jend. Sudirman, Kav. 59, Jakarta. It operates through Non-current Liabilities 1,060,126 1,248,759 1,372,577
29 branches and representative offices. Besides, we are expand- Shareholders' Equity 621,459 816,313 1,219,660
ing our network all over Indonesia. Paid-up capital 193,317 193,317 193,317
Paid-up capital
in excess of par value 8,109 8,109 8,109
Retained earnings 420,033 614,887 1,018,234

Revenue 972,983 1,204,836 1,438,611

Operating Expenses 938,092 1,035,446 1,258,341
Operating Profit (Loss) 34,891 169,390 180,269
Other Income (Expenses) 75,332 7,385 8,410
Profit (loss) before Taxes 110,223 176,775 188,679
Comprehensive Profit (loss) 216,143 219,690 449,857

Revenue Breakdown
Premium Income 972,983 1,121,249 1,292,992
Investment Income (expenses) 69,331 83,587 145,618

Expense Breakdown
Reinsurance Premiums 228,048 165,205 177,719
Claims Paid 427,645 526,319 632,417
Others 282,399 343,922 448,206

Per Share Data (Rp)

Earnings (Loss) per Share 364 354 725
Equity per Share 1,046 1,315 1,964
Dividend per Share 40 75 85
Closing Price 1,830 4,250 6,250

Financial Ratios
PER (x) 5.03 12.01 8.63
PBV (x) 1.75 3.23 3.18
Dividend Payout (%) 10.99 21.20 11.73
Dividend Yield (%) 2.19 1.76 1.36

Operating Profit Margin (x) 0.04 0.14 0.13

Net Profit Margin (x) 0.22 0.18 0.31
Expense Ratio (x) 0.96 0.92 0.97
Loss Ratio (x) 0.44 0.47 0.49
Shareholders Solvency Ratio (x) 0.83 0.85 1.09
Barclays Bank PLC Singapore-Wealth Management 20.00% ROI (%) 12.48 10.20 16.78
Coutts an Co., Ltd., Singapore 19.12% ROE (%) 34.78 26.91 36.88
ABN AMRO NOMINEES Singapore Pte., Ltd. 7.67% PER = 30,51x ; PBV = 4,47x (March 2015)
Barclays Bank PLC Hongkong-Wealth Management 7.09% Financial Year: December 31
Public 46.12% Public Accountant: Paul Hadiwinata, Hidayat, Arsono, Ade Fatma & Rekan

826 Indonesian Capital Market Directory 2015

PT Asuransi Bina Dana Arta Tbk.
(Formerly PT Dharmala Insurance Tbk) Insurance

Board of Commissioners Board of Directors

President Commissioner Tjan Soen Eng President Director Candra Gunawan
Commissioners Herlani Sunardi, Sarkoro Handajani Directors Dody Sjachroerodly, Eka Listiani Kartono,
Jeni Wirjadinata
Number of Employees 598
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 06-Jul-89 06-Jul-89 900,000 900,000
2 Company Listing 25-Aug-89 25-Aug-89 4,500,000 5,400,000
3 Private Placement 07-Aug-90 07-Aug-90 200,000 5,600,000
4 Right Issue 07-Aug-90 07-Aug-90 3,240,000 8,840,000
5 Dividen Shares 06-Oct-93 06-Oct-93 886,000 9,726,000
6 Cooperative 06-Oct-93 06-Oct-93 100,000 9,826,000
7 Bonus Shares 26-Feb-96 26-Feb-96 7,860,800 17,686,800
8 Stock Split 16-Dec-96 16-Dec-96 17,686,800 35,373,600
9 Right Issue 15-Jan-02 06-Feb-02 70,747,200 106,120,800
10 Bonus Shares 7-Aug-03 7-Aug-03 31,836,240 137,957,040
11 Right Issue 21-Dec-04 21-Dec-04 137,957,040 275,914,080
12 Right Issue 1-Apr-11 27-Apr-11 344,892,600 620,806,680
Underwriters
PT INDOVEST, PT MERINCORP
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-14 4,000 4,000 4,000 71.00 285.00 27 10 620,806,680 2,483,227.00
February-14 4,525 4,000 4,525 232.00 1,013.00 43 13 620,806,680 2,809,150.00
March-14 5,675 4,005 5,300 120.00 559.00 100 18 620,806,680 3,290,275.00
April-14 5,800 4,800 5,225 658.00 3,717.00 58 14 620,806,680 3,243,715.00
May-14 5,600 4,750 5,050 104.00 551.00 51 15 620,806,680 3,135,074.00
June-14 5,500 5,000 5,000 9.00 43.00 5 5 620,806,680 3,104,033.00
July-14 5,500 5,000 5,500 571.00 3,116.00 47 13 620,806,680 3,414,437.00
August-14 5,725 4,500 5,700 133.00 732.00 65 16 620,806,680 3,538,598.00
September-14 5,925 5,025 5,250 100.00 584.00 71 14 620,806,680 3,259,235.00
October-14 5,900 4,900 5,875 13.00 73.00 60 6 620,806,680 3,647,239.00
November-14 6,075 5,900 6,075 216.00 1,302.00 34 8 620,806,680 3,771,401.00
December-14 6,250 6,100 6,250 1,093.00 6,796.00 63 9 620,806,680 3,880,042.00
January-15 6,550 6,225 6,550 375.00 2,354.00 36 13 620,806,680 4,066,284.00
February-15 6,650 6,525 6,650 802.00 5,300.00 34 13 620,806,680 4,128,364.00
March-15 6,825 6,200 6,825 202.00 1,321.00 32 13 620,806,680 4,237,006.00
April-15 7,125 6,850 7,125 53.00 369.00 21 9 620,806,680 4,423,248.00
May-15 7,425 7,100 7,425 5.00 38.00 5 4 620,806,680 4,609,490.00
June-15 7,750 5,975 7,750 13.00 98.00 11 7 620,806,680 4,811,250.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares

8,000 20

18
7,000
16
6,000
14
5,000
12

4,000 10

8
3,000
6
2,000
4
1,000
2

- -
Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15

Institute for Economic and Financial Research 827