PT Akasha Wira International Tbk.

(Formerly PT Ades Waters Indonesia Tbk)

Head Office

Factories

Business
Company Status

Perkantoran Hijau Arkadia Tower C 15th-16th Fl

Jl. TB. Simatupang Kav. 88
Jakarta 12520
Phone (021) 2754-5000, (Hunting)
Fax (021) 7884-5549
- Tapos Km. 1, Desa Kranji, Bogor
Jawa Barat
Phone (021) 875-3054, 875-3055
Fax (021) 875-2970
- Jl. Raya Pudak Payung No. 1
Semarang Selatan, Jawa Tengah
Phone (024) 475-062, 475-068, 475-054
Fax (024) 475-074
- Desa Namo Riam, Kecamatan Pancur Batu
Kabupaten Deli Serdang
Sumatera Utara
Beverages (Bottled Mineral Water)
PMA

Financial Performance: The Company booked net

income at IDR 25.868 billion in 2011, decrease from net income booked in 2010 at IDR 31.659 billion.
Brief History: The company supplied bottled water
in plastic glass, plastic bottles and glass bottles. Production capacity in 1993 was 2.9 million liters per year. Operations are
supported by two bottling plants: one in Cibinong, West Java,
and the other in Deli Serdang, North Sumatra. The companys
bottled water has been exported to Singapore and Australia. In
November 1993, the company took over full ownership of PT
Pamargha Indojatim, which operates in the same line of business. And on October 1996, buoyed by strong prospects in
the bottled water industry, the company is building a new water plant in Ujungpandang. The water source located in Maros,
South Sulawesi will supply this plant which will have a 40 million
liter capacity a year. Cost of the project has been pegged at Rp
3 billion. Construction is slated to finish in the 2nd semester
of 1996 and commercial operations should commence in mid
1997. In October 2000, the company sold its AdeS, Desta, Vica,
and Desca brands to Coca Cola as part of its debt restructuring
process. In 2009, the Company changed its name to PT Akasha
Wira International Tbk.

Food and Beverages

Summary of Financial Statement

(Million Rupiah)
2009
2010
2011
Total Assets
Current Assets
of which
Cash and cash equivalents
Trade receivables
Inventories
Non-Current Assets
of which
Fixed Assets-Net
Deffered Tax Assets

178,287
66,860

324,493
131,881

316,048
128,835

38,471
20,093
7,088
111,427

15,670
95,084
8,488
192,612

14,787
67,700
38,965
187,213

104,023
1,373

100,904
n.a

102,574
n.a

Liabilities
Current Liabilities
of which
Bank loans
Trade payables
Taxes payable
Current maturities of
Long term debts
Non-Current Liabilities

110,068
29,613

224,615
87,255

190,302
75,394

n.a
13,728
624

37,500
15,087
2,604

1,265
25,400
582

n.a
80,455

19,432
137,360

33,333
114,908

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

68,219
589,897

99,878
589,897

125,746
589,897

5,068
(526,746)

5,068
(495,087)

5,068
(469,219)

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

134,438
86,062
48,376
43,744
4,632
12,763
17,395
16,321

218,748
138,249
80,499
52,178
28,321
5,222
33,543
31,659

299,409
184,925
114,484
88,165
26,319
3,308
29,627
25,868

Per Share Data (Rp)

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

28
116
n.a
640

54
169
n.a
1,620

44
213
n.a
1,010

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

23.13
5.53
n.a
n.a

30.19
9.57
n.a
n.a

23.03
4.74
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 (%)

2.26
0.43
0.62
0.36
0.05
0.12
12.14
0.75
9.15
23.92

1.51
0.87
0.69
0.37
0.20
0.14
16.29
0.67
9.76
31.70

1.71
0.60
0.60
0.38
0.14
0.09
4.75
0.95
8.18
20.57

PER = 16,34x ; PBV = 4,82x (June 2012)

Financial Year: December 31
Public Accountant: Johan Malonda Mustika & Co.

(million rupiah)
2012
2011

Shareholders
Water Partners Bottling S.A.
UBS AG Singapore-UBS Equities
Public

140

Total Assets
Current Assets
Non-Current Assets
Liabilities
Shareholders' Equity
Net Sales
Profit after Taxes

91.94%
1.91%
6.15%

ROI (%)
ROE (%)

338,521
149,122
189,399
179,111
159,410
220,955
33,664

311,627
125,798
185,829
202,038
109,589
147,729
9,711

9.94
21.12

3.12
8.86

In june

Indonesian Capital Market Directory 2012

PT Akasha Wira International Tbk.

(Formerly PT Ades Waters Indonesia Tbk)

Food and Beverages

Board of Directors
President Director Agoes Soewandi Wangsapoetra
Directors M. Wisnu Adjie, Martin Jimi

Board of Commissioners
President Commissioner Hanjaya Limanto
Commissioners Danny Yuwono Siswanto, Miscellia Dotulong

Number of Employees 1,387

No

Type of Listing

1
2
3
4
5

First Issue
Company Listing
Bonus Shares
Right Issue
Right Issue

Listing Date

Trading Date

Number of Shares
per Listing

13-Jun-94
13-Jun-94
07-Aug-97
11-Jun-04
28-Dec-08

13-Jun-94
02-Jan-95
07-Aug-97
11-Jun-04
28-Dec-08

15,000,000
23,000,000
38,000,000
73,720,000
440,176,800

Total Listed
Shares
15,000,000
38,000,000
76,000,000
149,720,000
589,896,800

Underwriter
PT Pentasena Arthasentosa
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Trading

Listed

Market

Frequency

Day

Shares

Capitalization

4,643

21

589,896,800

(Rp Million)
684,280.00

657

18

589,896,800

613,493.00

1,663

23

589,896,800

696,078.00

12,836

20

589,896,800

943,835.00

11,076.00

1,923

21

589,896,800

884,845.00

5,208.00

7,580.00

1,258

20

589,896,800

819,957.00

1,560

31,856.00

50,592.00

6,600

21

589,896,800

920,239.00

1,220

1,260

6,174.00

9,070.00

1,782

19

589,896,800

743,270.00

1,350

960

1,000

1,799.00

2,114.00

720

20

589,896,800

589,897.00

October-11

1,150

930

1,070

2,350.00

2,395.00

777

21

589,896,800

631,190.00

November-11

1,090

980

1,000

2,087.00

2,146.00

834

22

589,896,800

589,897.00

December-11

1,120

990

1,010

1,817.00

1,891.00

690

21

589,896,800

595,796.00

January-12

1,200

1,000

1,060

6,582.00

7,289.00

1,974

21

589,896,800

625,291.00

February-12

1,200

1,040

1,060

5,512.00

6,177.00

2,379

21

589,896,800

625,291.00

March-12

1,090

1,060

1,060

1,856.00

1,967.00

892

21

589,896,800

625,291.00

April-12

1,200

1,040

1,110

3,897.00

4,361.00

1,403

20

589,896,800

654,785.00

May-12

1,630

1,060

1,240

15,668.00

21,743.00

4,111

21

589,896,800

731,472.00

June-12

1,390

1,160

1,300

1,694.00

2,108.00

491

21

589,896,800

766,866.00

Stock Price
Month

High
(Rp)

January-11

1,680

February-11

1,180

March-11

1,240

April-11

Low

Shares Traded
Close

Volume

Value

(Rp)

(Rp)

(Thousand Shares)

(Rp Million)

1,160

1,160

14,994.00

22,855.00

1,020

1,040

1,713.00

1,866.00

1,040

1,180

6,158.00

7,090.00

2,000

1,170

1,600

55,205.00

93,448.00

May-11

1,720

1,500

1,500

7,009.00

June-11

1,590

1,300

1,390

July-11

1,670

1,370

August-11

1,590

September-11

Stock Price and Traded Chart

Institute for Economic and Financial Research

141