PT Ace Hardware Indonesia Tbk.

Wholesale and Retail Trade

Head Office Kawan Lama Building 5th Floor Summary of Financial Statement
Jl. Puri Kencana No. 1, Meruya-Kembangan
Jakarta 11610 (Million Rupiah)
Phone (021) 582-2222 (Hunting), 582-8282 2012 2013 2014
Fax (021) 582-4022, 582-1520 Total Assets 1,916,915 2,478,919 2,947,349
E-mail: ask_ace@acehardware.co.id Current Assets 1,218,821 1,747,185 2,171,085
Website: www.acehardware.co.id of which
Business Trade (Electronic, Kitchen Appliance, Tools, Cash and cash equivalents 270,050 161,759 391,452
Gardening, Plumbing, and kitchen sets) Trade receivables 30,946 24,979 19,782
Company Status PMDN Inventories 619,804 1,112,546 1,295,682
Non-Current Assets 698,094 731,733 776,264
Brief History: The Company established with name PT. of which
Kawan Lama Home Center on February 3rd 1995 in Jakarta. Fixed Assets-Net 445,064 445,598 463,021
Deffered Tax Assets 31,235 46,744 59,150
After RUPS Company change the name with PT. Ace Indori-
Investments n.a n.a n.a
tel Perkakas. And then on September 24th 2002 the company Other Assets 51,534 68,806 96,654
change the name to be PT. Ace Hardware Indonesia. The com-
pany is concentrated in Home Center General Trades sector- Liabilities 298,914 563,420 585,200
ing. Current Liabilities 208,255 439,275 426,630
PT ACE Hardware Indonesia has successfully obtained of which
Trade payables 48,667 195,448 107,003
the certificate of ISO 9001-2000 (for Quality Management Sys-
Taxes Payable 29,342 36,331 31,211
tem) with the registration number ID04/0470 on 24 September Accrued expenses 12,182 16,784 20,323
2004. This certificate is given by SGS, as Official Registration Non-Current Liabilities 90,659 124,145 158,571
Board that has done the assessment for the process of Retail
for Home Improvement at PT ACE Hardware Indonesia. Shareholders' Equity 1,618,001 1,915,498 2,362,148
Ace Home Center in Mall Artha Gading is inaugurated Paid-up capital 171,500 171,500 171,500
Paid-up capital
as the biggest home improvement center in Indonesia on July
in excess of par value 368,122 368,122 368,122
9 th , 2005. With a shopping space over 10.000 M2 and more Retained earnings (accumulated loss) 1,078,379 1,375,876 1,822,526
than 40.000 best quality merchandises, Ace Home Center Mall
Artha Gading is definitely the frontliner of home improvement Net Sales 3,223,291 3,895,446 4,492,198
center in this country. Cost of Goods Sold 1,671,715 1,961,898 2,347,890
Gross Profit 1,551,576 1,933,549 2,144,308
Operating Expenses 989,086 1,282,360 1,428,014
Operating Profit (Loss) 562,490 651,189 716,295
Other Income (Expenses) (25,178) (28,195) (34,416)
Profit (Loss) before Taxes 537,312 622,994 681,878
Comprehensive Profit (Loss) 428,849 503,004 548,893

Per Share Data (Rp)

Earnings (Loss) per Share 250 293 320
Equity per Share 943 1,117 1,377
Dividend per Share 10 n.a 16
Closing Price 820 590 785

Financial Ratios
PER (x) 3.28 2.01 2.45
PBV (x) 0.87 0.53 0.57
Dividend Payout (%) 4.00 n.a 5.00
Dividend Yield (%) 1.22 n.a 2.04

Current Ratio (x) 5.85 3.98 5.09

Debt to Equity (x) 0.18 0.29 0.25
Leverage Ratio (x) 0.16 0.23 0.20
Gross Profit Margin (x) 0.48 0.50 0.48
Operating Profit Margin (x) 0.17 0.17 0.16
Net Profit Margin (x) 0.13 0.13 0.12
Inventory Turnover (x) 1.60 1.15 1.10
Total Assets Turnover (x) 1.68 1.57 1.52
ROI (%) 22.37 20.29 18.62
ROE (%) 26.50 26.26 23.24
Shareholders
PER = 21,76x ; PBV = 4,41x (March 2015)
PT Kawan Lama Sejahtera 59.97% Financial Year: December 31
Public 40.03% Public Accountant: Aryanto, Amir Jusuf, Mawar & Saptoto

610 Indonesian Capital Market Directory 2015

PT Ace Hardware Indonesia Tbk. Wholesale and Retail Trade

Board of Commissioners Board of Directors

President Commissioner Kuncoro Wibowo President Director Prabowo Widya Krisnadi
Commissioners Teddy Hartono Setiawan, Ijek Widya Krisnadi, Directors Tarisa Widya Krisnadi, Rudy Hartono,
Letjend. TNI (Purn.) Tarub Hartanto Djasman

Number of Employees 11,543

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 6-Nov-07 6-Nov-07 515,000,000 515,000,000
2 Company Listing 6-Nov-07 4-May-08 1,200,000,000 1,715,000,000
3 Stock Splits 1-Nov-12 1-Nov-12 15,435,000,000 17,150,000,000

Underwriters
PT CLSA Indonesia, PT Dinamika Usahajaya
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-14 765 590 760 534,997.00 364,871.00 25,910 20 17,150,000,000 13,034,000.00
February-14 880 700 800 467,442.00 369,086.00 20,691 20 17,150,000,000 13,720,000.00
March-14 835 720 750 631,416.00 493,510.00 27,291 20 17,150,000,000 12,862,500.00
April-14 825 710 745 646,069.00 512,059.00 22,459 20 17,150,000,000 12,776,750.00
May-14 920 750 900 427,298.00 360,865.00 16,201 18 17,150,000,000 15,435,000.00
June-14 925 820 880 321,337.00 280,469.00 18,294 21 17,150,000,000 15,092,000.00
July-14 940 845 925 267,638.00 239,578.00 15,906 18 17,150,000,000 15,863,750.00
August-14 970 855 935 310,369.00 282,732.00 20,838 20 17,150,000,000 16,035,250.00
September-14 1,025 875 885 282,541.00 273,292.00 18,623 22 17,150,000,000 15,177,750.00
October-14 895 780 810 670,808.00 558,608.00 32,016 23 17,150,000,000 13,891,500.00
November-14 845 770 805 946,206.00 759,163.00 27,217 20 17,150,000,000 13,805,750.00
December-14 815 710 785 464,497.00 357,305.00 22,969 20 17,150,000,000 13,462,750.00
January-15 815 675 740 753,951.00 564,195.00 29,032 21 17,150,000,000 12,691,000.00
February-15 855 740 845 612,320.00 479,746.00 18,434 19 17,150,000,000 14,491,750.00
March-15 850 695 735 379,727.00 291,686.00 18,734 22 17,150,000,000 12,605,250.00
April-15 740 635 645 901,930.00 619,672.00 20,405 21 17,150,000,000 11,061,750.00
May-15 710 635 690 434,709.00 293,725.00 12,076 19 17,150,000,000 11,833,500.00
June-15 690 600 645 461,497.00 299,353.00 15,705 21 17,150,000,000 11,061,750.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
1,000 60,000

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500 30,000

400
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Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15

Institute for Economic and Financial Research 611