Arona Binasejati Tbk ARTI

Company Report : December 2006 As of 28 December 2006

Main Board Individual Index : 121.538
Industry Sector : Miscellaneous Industry (4) Listed Shares : 196,000,000
Industry Sub-Sector : Others (49) Market Capitalization : 154,840,000,000

Company History Dividend Announcement

Established Date : 31-March-1993 Bonus Cash Cum Ex Recording Payment
F/I
Listing Date : 30-April-2003 Year Shares Dividend Date Date Date Date
Under Writer IPO : 2003 0.70 25-Oct-04 26-Oct-04 28-Oct-04 29-Nov-04 F
PT Harumdana Sekuritas
PT Suprasurya Danawan Sekuritas Issued History
Securities Administration Bureau : Listing Trading
PT Ficomindo Buana Registrar Type of Listing Shares Date Date
Mayapada Tower 10th Fl. Suite 02 B 1. First Issue 95,000,000 30-Apr-03 30-Apr-03
Jl. Jend. Sudirman Kav. 28 Jakarta 12920 2. Company Listing 101,000,000 30-Apr-03 21-Dec-03
Phone : 521-12316, 521-2320
Fax : 521-2320

Shareholders (December 2006 )

1. PT Indowan Investama Group 45,000,000 22.96%
2. PT Suprasurya Danawan Sekuritas 40,000,500 20.41%
3. Marco Polo Ajr (Rpns) 29,761,500 15.18%
4. PT Asuransi Kredit Indonesia 22,050,000 11.25%
5. Portfolio PT Financorpindo Nusa 15,000,000 7.65%

Board of Commissioners
1. Chaidi The
2. Chen I Hung
3. Chen Meng Chih *)
4. Irwan Amran *)
*) Independent Commissioners

Board of Directors
1. Chang Yen Pao
2. Suminah

Audit Committee
-

Corporate Secretary
Ng Suminah

Head Office:
Jl. Raya Narogong Km. 16.5
Cileungsi Bogor - Indonesia
Phone : (6221) 823-4567
Fax : (6221) 823-4741/42

Homepage : -
Email : -

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Arona Binasejati Tbk ARTI
Trading Activities
Composite Composite Index and Miscellaneous Industry Index Sectoral
April 2003 - December 2006 Stock Price Volume Value
Index Index
Month High Low Close Freq. (Thou.) (Rp Mill.) Day
1,860 300
Apr03 750 675 675 151 2,384 1,614 1
1,550 250 May03 700 650 675 1,557 20,725 14,085 19
Jun03 775 650 650 2,432 41,664 29,826 21
1,240 200 Jul03 700 625 625 676 8,534 5,633 23
Aug03 900 625 850 2,296 48,394 37,927 20
930 150 Sep03 925 575 675 7,170 102,550 77,434 21
Oct03 700 600 650 5,236 59,423 38,224 23
620 100 Nov03 850 600 725 3,384 73,298 53,720 15
Composite Stock Price Index
Miscellaneous Industry Index Dec03 900 725 900 5,095 78,016 60,130 19
310 50
Jan00 - - - - - - -
Jan04 850 625 650 4,782 67,177 48,665 20
- -
Apr-03 Oct-03 Apr-04 Oct-04 Apr-05 Oct-05 Apr-06 Oct-06
Feb04 650 600 600 2,636 67,526 42,324 18
Mar04 625 525 550 1,358 18,868 11,074 22
Apr04 725 550 675 3,333 61,583 37,985 20
May04 825 675 725 7,451 118,334 87,045 19
Closing Closing Price and Trading Volume Volume
Jun04 725 525 525 1,590 109,867 49,391 21
Price*) April 2003 - December 2006 (Mill. Shares)
Jul04 600 500 550 872 19,922 10,288 21
1,800 90
Aug04 550 525 550 299 7,330 3,781 21
1,500 75
Sep04 550 525 525 207 2,371 1,281 20
Oct04 675 525 625 426 5,118 3,202 21
1,200 60 Nov04 1,300 625 1,175 874 7,561 7,289 17
Dec04 1,200 950 1,200 337 89,879 39,491 21
900 45 Jan00 - - - - - - -
Jan05 1,550 1,210 1,540 5,059 67,987 87,817 20
600 30 Feb05 1,730 1,530 1,670 4,756 82,893 106,347 18
Mar05 1,800 1,420 1,470 7,192 95,780 156,643 21
300 15
Apr05 1,510 1,470 1,510 3,435 42,200 63,043 20
May05 1,570 730 750 5,816 104,179 158,415 20
- -
Jun05 760 700 750 307 32,788 24,583 22
Apr-03 Apr-04 Apr-05 Apr-06
Jul05 760 740 750 103 11,967 8,257 21
Aug05 800 740 800 99 588 445 22
Sep05 810 720 800 39 62,038 43,510 21
Closing Closing Price and Miscellaneous Industry Index Sectoral
Oct05 810 790 810 11 27 21 21
Price*) April 2003 - December 2006 Index
Nov05 800 800 800 4 10 8 17
1,800 300
Dec05 810 790 790 3 9 7 20
1,500 250
Jan00 - - - - - - -
Jan06 790 770 770 3 8 6 20
1,200 200 Feb06 - - 770 - - - 20
Mar06 780 780 780 1 1 0 21
900 150 Apr06 - - 780 - - - 18
May06 - - 780 - - - 21
600 100 Jun06 - - 780 - - - 22
Closing Price Jul06 - - 780 4 25,833 10,333 21
300 50 Aug06 - - 780 - - - 20
Miscellaneous Industry Index
Sep06 790 790 790 1 1 0 21
- -
Oct06 - - 790 - - - 17
Apr-03 Apr-04 Apr-05 Apr-06
Nov06 - - 790 1 15,000 7,500 22
Dec06 - - 790 5 26,250 16,747 19
Shares Traded 2002 2003 2004 2005 Dec 06 Jan00 - - - - - - -
Volume (Thou.) 0 434,987 575,533 500,462 67,092 Jan07 - - - - - - -
Value (Million) 0 318,594 341,815 649,097 34,587 Feb07 - - - - - - -
Frequency (X) 0 27,997 24,165 26,824 15 Mar07 - - - - - - -
Days 0 162 239 178 11 Apr07 - - - - - - -
May07 - - - - - - -
Price (Rupiah) Jun07 - - - - - - -
High 0 925 1,300 1,800 790 Jul07 - - - - - - -
Low 0 575 500 700 770 Aug07 - - - - - - -
Close 0 900 1,200 790 790 Sep07 - - - - - - -
Close * 0 900 1,200 790 790 Oct07 - - - - - - -
Nov07 - - - - - - -
PER (X) 0.00 323.72 90.45 47.82 -13.12 Dec07 - - - - - - -
PER Industry (X) 0.00 0.68 7.78 14.59 9.63 Jan00 - - - - - - -
PBV (X) 0.00 1.59 2.08 1.33 1.44 Jan08 - - - - - - -
Feb08 - - - - - - -
*) Adjusted price after corporate action

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Arona Binasejati Tbk ARTI
Financial Data and Ratios
Public Accountant : Drs. Bambang S. & Co. Book End : December

BALANCE SHEET Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Sep-06

Assets and Liabilities
(Million Rp except Par Value) (Trillion Rp)
Cash & Cash Equivalents 3,720 10,119 13,873 35 0.375
Accounts Receivable 13,240 25,507 23,063 298 Assets Liabilities
0.300

Inventories 193,640 203,928 204,018 88,078

Current Assets 226,030 270,163 288,570 90,020 0.225

Fixed Assets 77,800 76,761 73,989 27,031

0.150
Other Assets 930 904 879 -84
Total Assets 306,243 348,116 365,638 173,763
0.075
Growth (%) 13.67% 5.03% -52.48%
-
Current Liabilities 172,685 220,079 233,979 66,128 2001 2002 2003 2004 2005 Sep-06
Long Term Liabilities 9,243 926 926 0
Total Liabilities 181,928 221,005 234,905 66,128
Growth (%) 21.48% 6.29% -71.85% Total Equity
(Trillion Rp)
0.116
Minority Interest 13,685 14,018 14,401 152 0.12
0.111 0.113
0.107
Authorized Capital 202,000 202,000 202,000 202,000
Paid up Capital 98,000 98,000 98,000 98,000 0.09

Paid up Capital (Shares) 196 196 196 196

0.07

Par Value 500 500 500 500

Retained Earnings 1,850 4,314 7,552 -1,297 0.05

Total Equity 110,630 113,094 116,332 107,483

Growth (%) 2.23% 2.86% -7.61% 0.02

- -
-

INCOME STATEMENTS (Million Rp) 2001 2002 2003 2004 2005 Sep-06
Total Revenues 155,125 234,522 252,179 14,425
Growth (%) 51.18% 7.53%
Total Revenues
Expenses 124,584 190,640 211,296 19,815 (Trillion Rp)
Gross Profit 30,542 43,882 40,882 -5,390 0.252
0.235
Operating Expenses 21,486 25,902 23,603 2,440
0.25

Operating Profit 9,056 17,980 17,280 -7,830 0.20

Growth (%) 98.54% -3.89%

0.155
0.15

Other Income (Expenses) -7,395 -13,900 -12,244 -677

Income before Tax 1,661 4,080 5,035 -8,507 0.10

Tax 978 1,147 1,414 0

-138 -333 -383 29
0.05

Minority Interest 0.014

- -
Net Income 545 2,600 3,238 -8,849 -

Growth (%) 377.18% 24.54% 2001 2002 2003 2004 2005 Sep-06

RATIOS
Current Ratio (%) 130.89 122.76 123.33 136.13 Total Income
(Billion Rp)
Dividend (Rp) - - 0.70 - - -
3.24
EPS (Rp) 2.78 13.27 16.52 (45.15) 3.24 2.60
BV (Rp) 564.44 577.01 593.53 548.38
0.54
DAR (X) 0.59 0.63 0.64 0.38 0.82 - -

DER(X) 1.64 1.95 2.02 0.62

2001 2002 2003 2004 2005 Sep-06
ROA (%) 0.54 1.17 1.38 (4.90)
(1.60)

ROE (%) 1.50 3.61 4.33 (7.91)

(4.01)

GPM (%) 19.69 18.71 16.21 (37.37)

OPM (%) 5.84 7.67 6.85 (54.28) (6.43)

NPM (%) 0.35 1.11 1.28 (61.35)

Payout Ratio (%) 25.00 - - - (8.85)

(8.85)
Yield (%) - - 0.08 - - -

Disclaimer:
The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the
institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person
relied upon as the basis for taking any action or making any decision. The Jakarta Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or
decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
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