PTIntikeramikAlamasriIndustryTbk.

Business

GlazedfloorTile

CompanyStatus

PMDN

Underwriter

PTDanareksaSekuritas,PTPentasenaArthasentosa

Shareholder
2000
PTIntiKaryaMegah
LieJuTjhong
Public

2001
63.53% PTIntiKaryaMegah
7.06% PTBankNiagaTbk
29.41% LieJuTjhong
Public

2005
PTIntiKaryaMegah
DynamicLeaderHoldingsLimited
PTBankNiagaTbk
LieJuTjhong
Public

2002
55.16% PTIntiKaryaMegah
8.37% PTBankNiagaTbk
7.06% LieJuTjhong
29.41% Public

2006
41.68% PTIntiKaryaMegah
24.44% DynamicLeaderHoldingsLimited
6.32% PTBankNiagaTbk
5.34% LieJuTjhong
22.22% Public

2007
41.68% BestAchievementInvestment
24.44% PTIntiKaryaMegah
6.32% DynamicLeaderHoldingsLim
5.33% PTBankNiagaTbk
22.23% LieJuTjhong
Public

2003
55.16% PTIntiKaryaMegah
8.37% IndonesiaGovernment(BPPN)
7.06% PTBankNiagaTbk
29.41% LieJuTjhong
Public

2008
31.19% BestAchievementInvestmentLtd.
28.68% PTIntiKaryaMegah
16.82% PTBNISekuritas
4.35% HartonoChahyadi
3.67% LieJuTjhong
15.29% Public

2004
41.68% PTIntiKaryaMegah
24.44% DynamicLeaderHoldingsLimited
6.32% PTBankNiagaTbk
5.33% LieJuTjhong
22.23% Public

41.68%
24.44%
6.32%
5.33%
22.23%

2009
31.19% PTIntiKaryaMegah
25.62% BestAchieveInvestmentLtd.
18.35% LieJuTjhong
5.58% Public
3.67%
15.59%

45.38%
28.90%
3.67%
22.05%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000 President Commissioner

Vice President Commissioners
Commissioners

Lie In In
Djisman Simandjuntak

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,

1,462

2001 President Commissioner

Commissioners

Lie In In
Djisman Simandjuntak

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,

1,249

2002 President Commissioner

Commissioners

Lie In In
Djisman Simandjuntak

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,

897

2003 President Commissioner

Commissioners

Lie In In
Djisman Simandjuntak

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,

900

2004 President Commissioner

Commissioners

Lie In In
Djisman Simandjuntak

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,

900

2005 President Commissioner

Commissioners

Lie In In
Robby Tatang Poniman

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,
Budi Muljono Djunaedy

800

2006 President Commissioner

Commissioners

Lie In In
Robby Tatang Poniman

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali
Henry Kembaren
Budi Muljono Djunaedy

827

2007 President Commissioner

Commissioners

Lie In In
Robby Tatang Poniman

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,
Budi Muljono Djunaedy

827

2008 President Commissioner

Commissioners

Lie In In
Robby Tatang Poniman

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali, Henry Kembaren,
Budi Muljono Djunaedy

729

2009 President Commissioner

Commissioner

Lie In In
Robby Tatang Poniman

President Director
Directors

Lie Ju Tjhong
Hanadi Ramali
Budi Muljono Djunaedy

588

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time deposits
Trade receivables
Inventories
Trade receivable from affiliates
Advances
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investments
Other Assets

1998

1999

2000

764,123
238,787

1,035,524
242,118

1,010,551
265,099

3,484

3,091

633

(million rupiah)
2001

2002

2003

2004

2005

923,679
260,771

812,188
245,016

741,492
212,714

751,317
264,229

703,629
241,069

139

3,518

1,278

1,125
1,173

136,051
71,967

122,104
111,652

122,254
133,313

79,442
159,002

70,145
151,273

567,172

528,778

487,088

462,561

378,499

659,593

646,225

605,640

562,615

524,203

482,303

459,489

1,891
144,946

1,891
131,921

1,891
97,337

1,891
55,377

1,891
2,666

1,891
2,684

1,891
2,894

1,891
1,181

Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt

894,742
726,876

1,157,530
170,479

1,129,201
233,352

1,076,608
143,051

679,238
184,449

648,058
189,390

656,241
277,662

597,445
270,443

329,138

72,221

76,264

14,843

13,002

27,925

32,525

26,033
25,284

25,069
30,976

24,324
30,976

17,316
37,914

161,735

2,102

2,123

71,082

98,701

78,867

88,260

105,854

Long-term Liabilities
of which
Bank borrowings
Non-Current Liabilities
Minority Interests in Subsidiaries

167,866

986,581

895,197

933,267

470

652

291

494,789
1,007

458,668
944

378,578
874

327,003
2,887

131,944
225,000

92,490
225,000

94,202
225,000

103,297
225,000

25,000

19,858

19,858

19,858

220,510

220,510

220,510

220,510

(311,864)

(308,508)

(342,787)

(313,566)

(353,019)

(351,307)

(342,212)

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

120,683
77,325
43,358
24,269
19,089
(452,546)
(433,458)
(299,193)

100,650
91,276
9,374
28,420
(19,046)
(267,950)
(286,996)
(206,741)

144,542
116,155
28,386
32,929
(4,543)
32,692
28,150
3,356

183,861
157,141
26,720
36,168
(9,448)
1,394
(8,054)
(34,279)

189,071
174,768
14,304
39,531
(25,228)
(23,060)
(48,288)
29,221

187,813
176,675
11,138
38,307
(27,169)
(11,531)
(38,700)
(39,454)

223,074
181,528
41,546
36,926
4,619
(14,236)
(9,617)
1,712

259,290
215,470
43,820
41,694
2,126
(14,331)
(12,205)
6,855

Per Share Data (Rp)

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

(880)
(384)
250

(608)
(359)
425

10
(349)
295

(101)
(450)
165

65
293
n.a
100

(88)
206
n.a
100

4
209
n.a
125

15
230
n.a
80

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

(0.28)
(0.65)
-

(0.70)
(1.18)
-

29.89
(0.85)
-

(1.64)
(0.37)
-

1.54
0.34
n.a
n.a

(1.14)
0.49
n.a
n.a

32.85
0.60
n.a
n.a

5.25
0.35
n.a
n.a

0.33
n.a.
1.17
0.36
0.16
n.a.
1.07
0.16
(39.16)
1.07

1.42
n.a.
1.12
0.09
n.a.
n.a.
0.82
0.10
(19.96)
(169.45)

1.14
n.a.
1.12
0.20
n.a.
0.02
0.87
0.14
0.33
(2.83)

1.82
n.a.
1.17
0.15
n.a.
n.a.
0.99
0.20
(3.71)
22.41

1.33
5.15
0.84
0.08
n.a
0.15
1.16
0.23
3.60
22.15

1.12
7.01
0.87
0.06
n.a
n.a
1.27
0.25
(5.32)
(42.66)

0.95
6.97
0.87
0.19
2.07
0.01
1.15
0.30
0.23
1.82

0.89
5.78
0.85
0.17
0.82
0.03
1.45
0.37
0.97
6.64

1998

1999
35.52
(6.59)
(16.60)
(30.90)

2000
(2.41)
(2.75)
43.61
(101.62)

2001
(8.60)
28.89
27.20
(1,121.42)

2002
(12.07)
(186.28)
2.83
(185.24)

2003
(8.70)
(29.90)
(0.67)
(235.02)

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

(118,650)
170,000

(152,929)
170,000

84,233
148,430

(325,620)

1
2
3
4

(122,006)
170,000

59,950
157,667

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Additional paid-up capital
Retained earnings (accumulated loss)

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 (%)

(130,620)
170,000

39,052
139,546

2004
1.33
1.85
18.77
(104.34)

2005
(6.35)
9.65
16.23
300.41

SUMMARY OF FINANCIAL STATEMENT

PT. Intikeramik Alamasri Industri (IKAI)

(millionrupiah)
2006

2007

2008

TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
Investments
OtherAssets

682,345
244,173

772,704
256,251

784,499
299,476

232
85,444
153,200
438,172

483
99,475
150,044
516,454

278
123,236
164,971
485,023

304,455
1,891
123,204

384,588
1,891
123,564

468,495
1,891
7,800

Liabilities
CurrentLiabilities
ofwhich
Tradepayables
Taxespayable
Currentmaturitiesof
longtermdebt
NonCurrentLiabilities
MinorityinSubsidiaries

472,063
374,421

429,724
354,213

438,111
364,001

20,144
50,614

19,400
40,482

12,941
44,750

192,811
97,642
2,221

162,434
75,512
3,293

151,872
74,110
3,396

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings(accumulatedloss)

208,061
327,000

339,686
327,000

342,992
327,000

220,510
(339,449)

430
12,257

430
15,563

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit(Loss)
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

238,491
202,166
36,325
34,086
2,239
(28,689)
(26,451)
2,763

204,231
157,998
46,232
30,354
15,878
(17,001)
(1,123)
12,257

245,658
183,974
61,684
31,404
30,281
(29,446)
835
3,306

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

6
461
n.a
110

27
753
n.a
1,110

5
524
n.a
1,530

17.96
0.24
n.a
n.a

40.85
1.47
n.a
n.a

302.67
2.92
n.a
n.a

0.65
2.27
0.69
0.15
0.94
0.01
1.32
0.35
0.40
1.33

0.72
1.27
0.56
0.23
7.77
0.06
1.05
0.26
1.59
3.61

0.82
1.28
0.56
0.25
12.33
0.01
1.12
0.31
0.42
0.96

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)
CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)

PER=79.61x;PBV=2.47x(June2009)
FinancialYear:December31
PublicAccountant:Kosasih&Nurdiyaman