PTSiantarTopTbk.

Business

Snack

CompanyStatus

PMDN

Underwriter

PTJadeSecurities,PTCreditLyonnaisCapitalIndonesia

Shareholder
2000
PTShindoTiaraTunggal
TheHSBCPrivate
Public

2001
64.05% PTShindoTiaraTunggal
5.42% TheHSBCPrivate
30.53% ShindoSumidomo
GohSugiaharto
SriAyudha
Public

2005
PTShindoTiaraTunggal
ShindoSumidomo
PTKimEngSecurities
HSBCPrivateEquity(Asia)Limited
Public

2002
64.05%
5.42%
2.11%
0.65%
0.28%
27.49%

2006
60.39%
6.28%
5.72%
5.11%
22.50%

PTShindoTiaraTunggal
ShindoSumidomo
PTKimEngSecurities
Public

PTShindoTiaraTunggal
ShindoSumidomo
TheHSBCPrivateEquityLtd
Public

2003
60.39%
6.28%
5.11%
28.22%

2007
60.39%
6.28%
5.75%
27.58%

PTShindoTiaraTunggal
ShindoSumidomo
PTKimEngSecurities
Public

PTShindoTiaraTunggal
ShindoSumidomo
TheHSBCPrivateEquityLtd
Public

2008
60.39%
6.51%
5.71%
27.39%

PTShindoTiaraTunggal
ShindoSumidomo
Mariati
Public

2004
60.39%
6.28%
5.11%
28.22%

PTShindoTiaraTunggal
ShindoSumidomo
HSBCPrivateEquity(Asia)Limited
AdiHarsono
Budiman
Public

60.39%
6.28%
5.11%
1.00%
0.90%
26.32%

2009
60.39% PTShindoTiaraTunggal
6.50% Public
6.01%
27.10%

56.76%
43.24%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000

President Commissioner
Commissioners

Ir.Prasetyo Pudijohartono
Kristianto

President Director
Directors

Shindo Sumidomo
Goh Sugiarto, Gou Abdul Amat, Sri Ayudha

2,054

2001

President Commissioner
Commissioners

Prasetyo Pudijohartono
Goh Sugiharto

President Director
Directors

Shindo Sumidomo
Adi Harsono, Sri Ayudha

4,500

2002

President Commissioner
Commissioners

Prasetyo Pudijohartono
Goh Sugiharto

President Director
Directors

Shindo Sumidomo
Adi Harsono, Sri Ayudha

5,900

2003

President Commissioner
Commissioners

Adi Harsono
Budiman

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

5,285

2004

President Commissioner
Commissioners

Adi Harsono
Budiman

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

8100

2005

President Commissioner
Commissioners

Agus Susanto
Ir. Hariono Adi, MBA

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

8,766

2006

President Commissioner
Commissioners

Agus Susanto
Ferriyus

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

8,766

2007

President Commissioner
Commissioners

Agus Susanto
Ferriyus

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

7,012

2008

President Commissioner
Commissioners

Agus Susanto
Ferriyus, Kasim Gunawan

President Director
Directors

Shindo Sumidomo
Pitoyo, Armin

5,700

2009

President Commissioner
Commissioners

Agus Susanto
Ferryus
Kasim Gunawan

President Director
Directors

Shindo Sumidomo
Pitoyo
Armin

2,510

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time deposits
Trade receivables
Inventories
Receivable from affiliates
Non-current Assets
of which
Fixed Asset Net
Taxes receivables
Investments
Other Assets
Liabilities
Current Liabilities
of which
Bank loans
Short-term debt
Bank borrowings
Trade payables
Taxes payable
Accrued expenses
Deferred income
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Government of Indonesia
Non-Current Liabilities
Minority Interests in Subsidiaries

1998

1999

2000

159,002
72,098

230,839
104,634

340,257
141,257

30,247

40,542

22,303

(million rupiah)
2001

2,002

2,003

2004

2005

404,060
160,280

470,452
216,809

505,507
234,641

470,177
218,307

477,443
230,897

16,661

12,556

13,907

18,537
14,762

18,403
20,605

34,510
26,719

50,942
66,180

61,129
56,802

67,055
112,023

99,079
111,783

96,179
94,850

82,546
95,589

253,642

270,866

251,871

246,546

244,297
573

268,915
441

250,677
n.a

240,075
6,471

148,844
107,295

82,339

116,521

172,995

235,587

4,566

9,684

26,005

8,193

29,542
16,697

48,150
31,728

123,474
99,558

165,009
137,784

201,135
169,567

205,009
164,393

152,214
110,296

7,281
3,375

24,660
2,927

33,837
54,863
7,734

28,793
99,936
4,497

34,873
125,408
4,249

78,833
71,673
7,932

20,000
77,988
5,838

72,896
6,649

12,845

16,422

23,915

27,225

31,568

40,615

41,918

41,549

269,316
131,000

300,499
131,000

317,963
131,000

328,599
131,000

22,075

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

129,460
47,500
45,900

45,900

300

300

300

300

300

300

36,060

89,289

85,483

107,751

138,016

169,199

186,663

197,299

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

158,681
126,549
32,132
13,366
18,766
7,667
26,433
21,801

236,196
183,042
53,155
22,507
30,648
7,423
38,071
29,271

434,448
340,832
93,616
45,790
47,826
1,679
49,505
35,358

518,463
429,220
89,243
48,619
40,625
(7,772)
32,852
22,268

627,774
512,469
115,305
75,991
39,314
3,855
43,169
30,265

701,077
574,119
126,958
77,302
49,656
(3,713)
45,943
31,182

712,558
591,216
121,342
73,471
47,872
(6,991)
40,880
28,599

641,698
553,528
88,170
67,343
20,827
(5,763)
15,064
10,637

Per Share Data (Rp)

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

229
1,363
85
2,025

308
1,923
110
3,950

27
165
1,450

17
182
270

24
229
n.a
180

22
243
n.a
180

8
251
n.a
150

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

8.82
1.49
37.04
4.20

12.82
2.05
35.70
2.78

53.72
8.76
-

15.88
1.48
-

11.25
1.26
n.a
n.a

7.56
0.78
n.a
n.a

8.24
0.74
n.a
n.a

18.47
0.60
n.a
n.a

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 (%)

4.32
0.23
0.19
0.20
0.12
0.14
6.14
1.00
13.71
16.84

3.30
0.26
0.21
0.23
0.13
0.12
6.85
1.02
12.68
16.02

1.42
0.57
0.36
0.22
0.11
0.08
5.15
1.28
10.39
16.31

1.16
0.69
0.41
0.17
0.08
0.04
7.56
1.28
5.51
9.32

1.28
0.75
0.43
0.18
0.06
0.05
4.57
1.33
6.43
11.24

1.43
0.68
0.41
0.18
0.07
0.04
5.14
1.39
6.17
10.38

1.98
0.48
0.32
0.17
0.07
0.04
6.23
1.52
6.08
8.99

2.15
0.45
0.31
0.14
0.03
0.02
5.79
1.34
2.23
3.24

1999
45.18
41.12
48.85
34

2000
47.40
18.66
83.94
21

2001
18.75
10.27
19.34
(37)

2,002
16.43
12.66
21.08
36

2,003
7.45
11.58
11.68
3

2004
(6.99)
5.81
1.64
(8)

2005
1.55
3.35
(9.94)
(63)

1
2
3
4

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

1998

182,689
47,500

216,783
131,000

239,051
131,000

23
206
n.a
260

SUMMARY OF FINANCIAL STATEMENT

PT. Siantar Top Tbk. (STTP)

2006

(millionrupiah)
2007

2008

TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
Taxesreceivables

467,491
221,724

517,448
204,499

626,750
271,633

4,251
81,726
97,006
245,767

7,296
57,928
111,510
312,949

5,138
69,304
177,039
355,117

239,295
6,472

302,176
n.a

325,177
4,399

Liabilities
CurrentLiabilities
ofwhich
Bankloans
Tradepayables
Taxespayable
NonCurrentLiabilities

124,466
82,350

158,828
115,605

263,313
221,491

n.a
67,321
9,450
42,116

45,259
63,820
3,055
43,222

114,031
81,861
4,243
41,822

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings

343,026
131,000

358,620
131,000

363,437
131,000

300
211,726

300
227,320

300
232,137

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit
OtherIncome(Expenses)
ProfitbeforeTaxes
ProfitafterTaxes

555,208
468,373
86,835
72,040
14,795
6,214
21,009
14,426

600,330
516,168
84,163
57,015
27,147
(3,890)
23,257
15,595

624,401
533,772
90,629
61,459
29,169
(25,492)
3,678
4,816

PerShareData(Rp)
EarningsperShare
EquityperShare
DividendperShare
ClosingPrice

11
262
n.a
210

12
274
n.a
370

4
277
n.a
150

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

19.07
0.80
n.a
n.a

31.08
1.35
n.a
n.a

40.80
0.54
n.a
n.a

2.69
0.36
0.27
0.16
0.03
0.03
4.83
1.19
3.09
4.21

1.77
0.44
0.31
0.14
0.05
0.03
4.63
1.16
3.01
4.35

1.23
0.72
0.42
0.15
0.05
0.01
3.01
1.00
0.77
1.33

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)
PER=13.06x;PBV=0.56x(June2009)
FinancialYear:December31
PublicAccountant:Adi,Jimmy&Arthawan