SDRA Bank Himpunan Saudara 1906 Tbk.

COMPANY REPORT : FEBRUARY 2013

Development Board
Industry Sector : Finance (8)
Industry Sub Sector : Bank (81)

As of 28 February 2013
:
618.972
Individual Index
2,293,873,000
:
Listed Shares
1,330,446,340,000
Market Capitalization :
207 | 1.45T | 0.03% | 97.18%

122 | 1.19T | 0.11% | 93.25%

COMPANY HISTORY
Established Date : 15-Jun-1974
Listing Date
: 15-Dec-2006
Under Writer IPO :
PT Kresna Graha Sekurindo
Securities Administration Bureau :
PT Sinartama Gunita
Plaza BII Menara 1, 9th Fl.
Jln. M.H. Thamrin No. 51 Jakarta 10350
Phone : 392-2332
Fax
: 392-3003
BOARD OF COMMISSIONERS
1. Farid Rahman
2. Ahmad Agus Setiadjaja
3. Maskan Iskandar *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Madyantoro Purbo
2. Arief Budiman
3. Denny Novisar Mahmuradi
4. Hardono Budi Prasetya
AUDIT COMMITTEE
1. Maskan Iskandar
2. Gasmara Tisnawinata
3. Suharjadi Sunarja
CORPORATE SECRETARY
Bambang Wisaksono
HEAD OFFICE
Jln. Buah Batu No. 58
Bandung
Phone : (022) 732-2150
Fax
: (022) 731-9626
Homepage
Email

: www.banksaudara.com
: bambang.wisaksono@banksaudara.com

SHAREHOLDERS (February 2013)

1. Arifin Panigoro
2. PT Medco Intidinamika
3. Public (<5%)

1,203,330,675 :
255,537,000 :
858,175,759 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year Shares Dividend Cum Date
2007
10.00 09-Apr-08
2008
5.00 08-Jun-09
2009
6.00 08-Jun-10
2010
9.00 06-Apr-11
2011
11.00 10-Apr-12

Ex Date
10-Apr-08
09-Jun-09
09-Jun-10
07-Apr-11
11-Apr-12

Recording
Date
14-Apr-08
11-Jun-09
11-Jun-10
11-Apr-11
13-Apr-12

51.93%
11.03%
37.04%

Payment
Date
28-Apr-08
25-Jun-09
25-Jun-10
21-Apr-11
27-Apr-12

F/I
I
I
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.

Type of Listing
First Issue
Company Listing
Right Issue
ESOP Conversion
ESOP Conversion

Shares
500,000,000
985,000,000
742,500,000
21,713,000
44,660,000

Listing
Date
15-Dec-06
15-Dec-06
09-Jan-10
13-Aug-10
19-Nov-10

Trading
Date
15-Dec-06
14-Dec-07
09-Jan-10
13-Aug-10
19-Nov-10

SDRA Bank Himpunan Saudara 1906 Tbk.

Closing
Price*

Closing Price
Volume
(Mill. Sh)

680

480

595

420

510

360

425

300

340

240

255

180

170

120

85

60

Jan-09

Jan-10

Jan-11

Jan-12

Jan-13

Closing Price*, Jakarta Composite Index (IHSG) and

Finance Index
January 2009 - February 2013

Month

Volume
Value
Freq.
(X) (Thou. Sh.) (Million Rp)

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Bank Himpunan Saudara 1906 Tbk.
January 2009 - February 2013

Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09

High
55
58
75
100
99
165
134
145
320
395
350
345

Low
50
50
52
70
82
86
99
115
124
265
290
240

Close
53
58
70
90
92
114
130
123
310
345
320
280

66
68
97
364
831
2,645
503
680
43,453
33,122
14,508
11,369

4,986
2,795
1,896
5,859
10,185
68,436
7,998
36,188
2,831,462
1,687,726
479,916
480,616

253
144
120
797
944
9,252
963
4,605
624,078
566,046
160,103
152,604

12
13
12
20
20
22
21
20
18
21
20
19

Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

300
275
355
320
365
290
305
285
290
410
315
310

250
215
210
245
235
260
265
265
270
275
275
275

270
215
290
295
270
275
280
270
275
305
280
290

12,081
4,369
33,318
11,644
25,401
4,767
15,006
3,011
2,316
26,555
2,330
3,379

556,414
146,785
1,628,948
439,856
969,639
213,025
582,740
206,015
177,037
995,569
309,077
240,987

149,373
38,206
507,035
133,083
293,019
59,710
168,920
60,461
55,132
345,252
98,481
80,356

20
19
22
21
19
22
22
21
17
21
21
20

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

290
205
210
210
270
225
220
230
230
205
205
235

187
170
164
173
174
190
192
175
175
175
185
191

188
171
205
174
215
198
205
210
192
197
192
220

6,210
6,964
10,072
8,797
13,354
4,879
4,082
5,589
2,926
2,689
2,695
2,432

212,662
199,812
290,995
252,476
679,375
144,977
124,789
191,031
86,952
52,353
53,251
92,357

56,146
41,001
52,196
47,529
146,922
29,209
25,531
39,446
18,044
10,062
10,326
19,722

21
18
23
20
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

320
385
440
425
465
580
580
520
510
495
710
710

220
315
360
370
375
420
495
425
370
450
455
560

320
365
400
405
445
520
500
440
495
470
590
670

6,813
5,356
5,617
3,592
3,717
5,774
6,619
2,144
2,366
1,411
7,282
3,261

495,170
208,832
257,411
171,100
261,661
395,192
176,435
48,311
93,518
161,320
256,771
196,444

129,509
73,865
105,640
68,887
109,877
193,307
93,402
22,653
43,508
76,343
148,010
123,491

21
21
21
20
21
21
22
19
20
22
20
18

Jan-13
Feb-13

680
640

600
560

630
580

1,272
1,276

42,881
32,656

27,190
19,523

21
20

1,610%
1,380%

1323.6%

1,150%
920%
690%
460%
254.8%
233.7%

230%
-230%

Jan 09

Jan 10

Jan 11

Jan 12

Jan 13

SHARES TRADED

2009

2010

2011

2012 Feb-13

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

5,618
1,520
108
218

6,466
1,989
144
245

2,381
496
71
247

2,722
1,188
54
246

76
47
3
41

395
50
280
280

410
210
290
290

290
164
220
220

710
220
670
670

680
560
580
580

11.78
11.21
PER (X)
12.35
16.00
PER Industry (X)
1.66
1.71
PBV (X)
* Adjusted price after corporate action

5.13
6.61
1.08

16.42
6.58
2.99

14.22
8.73
2.59

Price (Rupiah)
High
Low
Close
Close*

SDRA Bank Himpunan Saudara 1906 Tbk.

Financial Data and Ratios
Public Accountant : Tanudiredja, Wibisana & Rekan (Member of PricewaterhouseCoopers Global Network)
Dec-08

Dec-09

Dec-10

Dec-11

Dec-12

55,636

78,014

78,959

84,810

145,266

246,555

62,458

103,701

578,855

842,639

18,152

159,302

161,957

423,726

41,901

1,498,743

1,896,720

2,507,415

3,311,921

5,260,844

384

384

402

413

449

Fixed Assets

36,318

38,285

60,449

87,221

131,819

Other Assets

33,498

39,734

54,557

69,627

16,541

Total Assets

1,977,150

2,403,696

3,245,763

5,085,762

7,621,309

21.57%

35.03%

56.69%

49.86%

1,493,943

2,109,227

2,803,686

4,294,763

6,394,891

6,301

8,429

6,885

10,948

19,441

8,776

3,761

Other Liabilities

6,754

10,973

15,045

37,838

26,540

Total Liabilities

1,776,624

2,150,071

2,852,188

4,612,588

7,083,402

21.02%

32.66%

61.72%

53.57%

Authorized Capital

600,000

600,000

600,000

600,000

600,000

Paid up Capital

150,000

163,796

231,637

231,637

231,637

1,500

1,638

2,316

2,316

2,316

BALANCE SHEET
(Million Rp except Par Value)
Cash on Hand
Placements with Other Banks
Marketable Securities
Loans
Investment

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Growth (%)

Taxes Payable
Fund Borrowings

Growth (%)
Minority Interest

7,000
5,250
3,500
1,750

2008

Par Value
Retained Earnings
Total Equity

100

100

100

100

100

43,216

69,478

114,781

182,194

262,322

200,526

253,625

393,574

473,174

537,907

26.48%

55.18%

20.22%

13.68%

Growth (%)
INCOME STATEMENTS

Dec-08

Dec-09

Dec-10

Dec-11

Dec-12

Total Interest Income

302,925

343,024

452,514

585,141

801,920

13.24%

31.92%

29.31%

37.05%

166,219

181,217

264,902

369,500

Growth (%)

2009

2010

2011

2012

TOTAL EQUITY (Billion Rupiah)

538
538

473
394

428

318

Paid up Capital (Shares)

Liabilities

8,750

Deposits

Book End : December

254
201

209

99

-11

2008

2009

2010

2011

2012

TOTAL REVENUES (Billion Rupiah)

802
802

Interest Expenses
Other Operating Revenue
Other Operating Expenses
Income from Operations

128,120
8,034

13,007

12,858

32,228

50,803

115,204

131,260

177,627

233,762

285,117

54,656

52,156

83,909

123,337

157,837

-4.57%

Growth (%)

60.88%

46.99%

585

638

453
475

27.97%

303

343

311

644

-1,041

-2,305

-1,530

2,530

Income Before Tax

55,300

51,115

81,604

121,807

160,367

Provision for Income Tax

17,642

15,470

21,663

31,764

41,524

37,658

35,645

59,941

99,424

91,236

-5.34%

68.16%

65.87%

-8.24%

Dec-08

Dec-09

Dec-10

Dec-11

Dec-12

5.00

6.00

9.00

11.00

25.11

21.76

25.88

42.92

39.39

BV (Rp)

133.68

154.84

169.91

204.27

232.22

DAR (X)

0.90

0.89

0.88

0.91

0.93

Non-Operating Revenues

148

Minority Interest
Net Income

Growth (%)

-16

2008

2009

2010

2011

2012

NET INCOME (Billion Rupiah)

RATIOS
Dividend (Rp)
EPS (Rp)

99
91

99

79

60
59

DER(X)

8.86

8.48

7.25

9.75

ROA (%)

2.80

2.13

2.51

2.40

2.10

ROE (%)

27.58

20.15

20.73

25.74

29.81

OPM (%)

18.04

15.20

18.54

21.08

19.68

NPM (%)

12.43

10.39

13.25

16.99

11.38

Payout Ratio (%)

19.92

27.57

34.78

25.63

Yield (%)

10.00

2.14

3.10

5.00

13.17
38

36

2008

2009

39

18

-2

2010

2011

2012