PTHolcimIndonesiaTbk.

(FormerlyPTSemenCibinongTbk)

Business

Cement

CompanyStatus

PMA

Underwriter

PTPentasenaArthasentosa

Shareholders
2000
PTTirtamasMajutama
Foreign
Domestic

2001
41.45% PTTirtamasMajutama
48.60% HolpacLimited
9.95% Public
Foreign
Domestic

2005
HolderfinB.V.
Public
Foreign
Domestic

2002

43.32% HolcimParticipations(Mauritius)Ltd.
77.33% HolcimParticipations(Mauritius)Ltd.
12.50% Public:
Public:
Foreign
15.91% Foreign
34.81% Domestic 6.76%
Domestic
9.37%

2006
77.33% HolderfinB.V.
Public
11.14% Foreign
11.53% Domestic

2003

2007
77.33% HolderfinB.V.
Public
13.50% Foreign
9.17% Domestic

2004
77.33% HolcimParticipations(Mauritius)Ltd.
Public
12.70% Foreign
9.97%
Domestic

2008
77.33% HolderfinB.V.
Public
14.83% Foreign
7.84% Domestic

77.33%
13.03%
9.64%

2009
77.33% HolderfinB.V.
Public
10.74%
11.93%

77.33%
22.67%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000

President Commissioner
Vice President Commissioner
Commissioners

Dr. Ir. Suyono Sosrodarsono

Honggo Wendratno
Anangga W. Roosdiono, Sjamsoelbahr
Chenot Santoso

President Director
Directors

Hashim S. Djojohadikusumo
Achmad Slamet, Hasan Bisri, Bambang S. Atmadja
Kumala W. Oentariyo, Thariq Abudan

2,178

2001

President Commissioner
Vice President Commissioner
Commissioners

Honggo Wendratno
Chenot Santoso
Anto Dajan
Anangga Wardhana Roosdiono
Sjamsoelbahr

President Director
Directors

Hashim S Djojohadikusumo
Bambang Syamsuridzal Atmadja
Masri Saridam
Thariq Abudan

3,635

2002

President Commissioner
Vice President Commissioner
Commissioners

Honggo Wendratno
Chenot Santoso
Anto Dajan, Anangga W. Roosdiono
Sjamsoel Bahr

President Director
Directors

Hashim S. Djojohadikusumo
Masri Saridam, Bambang S. Atmadja
Tariq Abudan, Achmad Slamet, Kumala W. Oentariyo, Hasan Bisr

2,332

2003

President Commissioner
Vice President Commissioner
Commissioners

Jeremy Charles Roy Maycock

Urs Bieri
Christof W. Hassig,
Aries Tarunakarya Surowidjojo
Kuntoro Mangkusubroto
Erry Riyana Hardjapamekas

President Director
Directors

Thomas A. Clough
Jannus O. Hutapea
Steven D. Hackworth
Onne van der Weijde
Daniel Bach
Thariq Abudan
Eamon John Ginley
Djoko Haryono

2,210

2004

President Commissioner
Vice President Commissioner
Commissioners

Jeremy Charles Roy Maycock

Urs Bieri
Arief Tarunakarya Surowidjojo
Kuntoro Mangkusubroto
Christof W. Gassig

President Director
Directors

Thomas A. Clough
Jannus O. Hutapea
Steven David Hackworth
Onne van der Weijde
Daniel Nikolaus Bach
Thariq Abudan
Eamon John Ginley

2,072

2005

President Commissioner
Vice President Commissioner
Commissioners

Paul Heinz Hugentoble

Urs Bieri
Arief Tarunakarya Surowidjojo
Kuntoro Mangkusubroto
Thomas Ashley Clough, Kemal A. Stamboe

President Director
Directors

Timothy David Mackay

Jannus O. Hutapea, Thomas Anton Dinke
Hans Joseph Fuchs, Keith Graeme Dunham
Patrick Walser, Eamon John Ginley
Novita Primadew

3,313

2006

President Commissioner
Vice President Commissioner
Commissioners

Paul Heinz Hugentoble

Urs Wolfgang Bieri
Arief Tarunakarya Surowidjojo
Kuntoro Mangkusubroto
Thomas Ashley Clough
Kemal Azis Stamboe

President Director
Directors

Timothy David Mackay

Jannus O. Hutapea
Thomas Anton Dinke
Hans Joseph Fuchs
Keith Graeme Dunham
Patrick Walser
Eamon John Ginley
Novita Primadew
Alok Agarwal

3,300

2007

President Commissioner
Vice President Commissioner
Commissioners

Paul Heinz Hugentoble

Urs Wolfgang Bieri
Arief Tarunakarya Surowidjojo
Kuntoro Mangkusubroto, Kemal Azis Stamboe
Thomas Ashley Clough

President Director
Directors

Timothy David Mackay

Jannus O. Hutapea, Olaf Nahe, Eamon John Ginle
Hans Joseph Fuchs, M. Fazri Yulianto, Patrick Walse
Novita Primadewi, Alok Agarwa

2,608

2008

President Commissioner
Vice President Commissioner
Commissioners

Paul Heinz Hugentoble

Thomas Ashley Clough
Arief Tarunakarya Surowidjojo, M.L. Narula
Kuntoro Mangkusubroto, Kemal Azis Stamboe
Renee Zecha

President Director
Directors

Timothy David Mackay

Jannus O. Hutapea, Olaf Nahe, Derek Williamson
M. Fazri Yulianto, Rully Safari, Alok Agarwa
Patrick Walser, Eamon John Ginley

2,341

2009

President Commissioner
Vice President Commissioner
Commissioners

Paul Heinz Hugentobler

Thomas Ashley Clough
Arief Tarunakarya Surowidjojo
Kuntoro Mangkusubroto
Kemal Azis Stamboel
Renee Zecha

President Director
Directors

Eamon John Ginley

Patrick Walser, Jannus O. Hutapea
Olaf Nahe , M. Fazri Yulianto
Rully Safari, Lilik Unggul Rahardjo
Derek Williamson

2,670

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

1998

1999

2000

9,470,361
1,158,086

8,973,829
616,963

6,796,443
600,399

550,629

61,181

43,726

(million rupiah)
2001

2002

2003

2004

2005

5,972,061
555,372

7,713,791
623,542

7,647,642
855,764

7,520,403
977,219

7,324,210
1,122,290

45,663

109,593

311,390

288,839
266,808

158,112
265,331

198,853
281,771

188,806
290,183

220,935
219,720

239,296
210,665

7,090,249

6,791,878

6,543,184

6,201,920

6,337,040

6,020,045

5,705,084

5,332,803

3,249
1,971,986

3,694
2,333,127

4,198
486,762

4,970
78,916

7,003,445
61,367
4,140
21,297

6,663,954
61,367
4,496
62,061

6,394,031
61,367
410
87,376

6,085,542
n.a
394
124,330

Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Non-current Liabilities
Minority Interests in Subsidiaries

10,658,441
10,658,441

10,172,167
10,171,914

14,927,713
14,720,471

5,966,313
240,443

5,205,296
269,195

4,990,592
340,183

5,366,846
353,632

5,481,781
667,346

1,730,240

1,564,913

2,010,848

65,508

48,088

130,376

136,403

149,513
10,355

149,434
7,969

156,382
13,616

190,436
21,455

7,502,916
-

6,642,068
-

8,954,437
206,980

2,603
5,725,870

2,365

19,689

2,800

298,323

4,936,101

4,650,409

5,013,214

4,814,435

253

262

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

(1,188,080)
574,718

(1,198,338)
574,718

(8,131,270)
574,718

5,748
3,831,450

2,508,495
3,831,450

2,657,050
3,831,450

2,153,557
3,831,450

1,842,429
3,831,450

207,218
3,492
(1,973,508)

173,762
3,492
(1,950,309)

173,762
3,492
(8,883,241)

3,890,522
3,492
(7,719,716)

3,890,522
2,003,784
(7,217,261)

3,890,522
2,003,784
(7,068,706)

3,890,522
2,003,784
(7,572,199)

3,890,522
2,003,784
(7,883,327)

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

880,274
811,583
68,691
82,761
(14,070)
(2,318,175)
(2,332,245)
(1,869,644)

1,188,516
1,141,161
47,355
84,235
(36,880)
52,779
15,899
15,421

1,492,369
1,430,366
62,003
90,258
(28,255)
(6,371,612)
(6,399,867)
(6,915,655)

1,804,568
1,771,215
33,353
190,149
(156,796)
1,127,838
971,042
1,163,525

1,978,932
1,977,100
1,832
212,560
(210,728)
651,854
441,126
502,455

2,240,296
2,015,729
224,567
238,362
(13,795)
187,912
174,117
174,117

2,368,489
2,196,901
171,588
241,571
(69,983)
(463,147)
(533,130)
(533,130)

3,017,599
2,298,012
719,587
576,492
143,095
(331,518)
(188,423)
(334,081)

Per Share Data (Rp)

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

(1,627)
(1,034)
300

13
(1,043)
500

(6,017)
(7,074)
435

152
1
385

66
327
n.a
145

23
347
n.a
405

(70)
281
n.a
575

(44)
240
n.a
475

(0)
(0)
-

37.27
(0.48)
-

(0.07)
(0.06)
-

2.54
513.26
-

2.21
0.44
n.a
n.a

17.82
1.17
n.a
n.a

(8.26)
2.05
n.a
n.a

(10.90)
1.98
n.a
n.a

0.11
n.a.
1.13
0.08
n.a.
n.a.
3.06
0.09
(19.74)
n.a.

0.06
n.a.
1.13
0.04
n.a.
0.01
4.05
0.13
0.17
(1.29)

0.04
n.a.
2.20
0.04
n.a.
n.a.
4.93
0.22
(101.75)
(85.05)

2.31
1,037.98
1.00
0.02
n.a.
0.64
8.06
0.30
19.48
20,242.26

2.32
2.08
0.67
n.a
n.a
0.25
9.39
0.26
6.51
20.03

2.52
1.88
0.65
0.10
n.a
0.08
9.05
0.29
2.28
6.55

2.76
2.49
0.71
0.07
n.a
(0.23)
7.54
0.31
(7.09)
(24.76)

1.68
2.98
0.75
0.24
0.05
n.a
6.01
0.41
(4.56)
(18.13)

1998

1999
(5.24)
0.86
35.02
(100.82)

2000
(24.26)
578.55
25.57
(44,945.70)

2001
(12.13)
(100.07)
20.92
(116.82)

2002
29.16
43,541.18
9.66
(56.82)

2003
(0.86)
5.92
13.21
(65.35)

2004
(1.66)
(18.95)
5.72
(406.19)

2005
(2.61)
(14.45)
27.41
(37.34)

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

1
2
3
4

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

252,045
222,790

329,239
291,233

358,571
382,489

SUMMARY OF FINANCIAL STATEMENT

PT. Holcim Indonesia Tbk. (SMCB)

(dahulu:PT.SemenCibinongTbk)

2006

2008

TotalAssets
CurrentAssets
ofwhich:
CashandCashEquivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich:
FixedAssetsNet
DefferedTaxAssetsNet
Investments
OtherAssets

7,065,846
1,049,572

7,208,250
1,460,971

7,674,980
1,924,756

287,284
397,158
313,841
6,016,274

681,794
470,721
263,316
5,747,279

852,862
558,868
386,624
5,750,224

5,906,379
3,326
n.a
106,569

5,671,804
27,441
n.a
48,034

5,598,217
32,916
n.a
119,091

Liabilities
CurrentLiabilities
ofwhich
Tradepayables
Taxespayable
Currentmaturities

4,967,178
855,818

4,950,893
1,098,383

5,137,054
1,143,456

225,746
37,193

294,834
26,027

326,561
44,078

340,736
4,111,360

427,245
3,852,510

114,711
3,993,598

oflongtermdebt
NonCurrentLiabilities
Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Revaluationoffixedassets
Retainedearnings(accumulatedloss)

2,098,668
3,831,450

2,257,357
3,831,450

2,537,926
3,831,450

3,890,522
2,098,734
(7,722,038)

3,890,522
2,098,734
(7,563,349)

3,890,522
n.a
(5,184,046)

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

2,993,197
2,356,038
637,159
630,981
6,178
234,980
241,158
175,945

3,754,906
2,492,805
1,262,101
741,638
520,463
(333,961)
186,502
169,410

4,803,377
2,933,054
1,870,323
884,120
986,203
(682,735)
303,468
282,220

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

23
274
n.a
670

22
295
n.a
1,750

37
331
n.a
630

29.18
2.45
n.a
n.a

79.16
5.94
n.a
n.a

17.11
1.90
n.a
n.a

1.23
2.37
0.70
0.21
0.00
0.06
7.51
0.42
2.49
8.38

1.33
2.19
0.69
0.34
0.14
0.05
9.47
0.52
2.35
7.50

1.68
2.02
0.67
0.39
0.21
0.06
7.59
0.63
3.68
11.12

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(%)

(millionrupiah)
2007

PER=20.02x;PBV=2.99x(June2009)
FinancialYear:December31
PublicAccountant:Purwantono,Sarwoko&Sandjaja