ADES Akasha Wira International Tbk.

[S]
COMPANY REPORT : FEBRUARY 2013
Development Board
Industry Sector : Consumer Goods Industry (5)
Industry Sub Sector : Food And Beverages (51)

As of 28 February 2013
:
144.156
Individual Index
589,896,800
:
Listed Shares
1,636,963,620,000
Market Capitalization :
220 | 1.31T | 0.03% | 97.60%

195 | 0.38T | 0.03% | 98.00%

COMPANY HISTORY
Established Date : 06-Mar-1985
Listing Date
: 13-Jun-1994
Under Writer IPO :
PT Pentasena Arthasentosa
Securities Administration Bureau :
PT Raya Saham Registra
Plaza Central Building 2nd Fl.
Jln. Jend. Sudirman Kav. 47 - 48 Jakarta 12930
Phone : 252-5666
Fax
: 252-5028
BOARD OF COMMISSIONERS
1. Hanjaya Limanto
2. Danny Yuwono *)
3. Miscella Dotulong
*) Independent Commissioners
BOARD OF DIRECTORS
1. Agoes Soewandi Wangsapoetra
2. Martin Jimi
3. Thomas Maria Wisnu Adjie
AUDIT COMMITTEE
1. Danny Yuwono
2. Fany Soegiarto
3. Zulbahri
CORPORATE SECRETARY
Thomas Maria Wisnu Adjie
HEAD OFFICE
Perkantoran Hijau Arkadia Tower C Lt. 15
Jln. T.B. Simatupang Kav. 88
Jakarta - 12520
Phone : (021) 275-45000
Fax
: (021) 788-45549, 788-45547
Homepage
Email

:: wisnu.adji@akasha.co.id
csecretary@akasha.co.id

SHAREHOLDERS (February 2013)

1. Water Partners Bottling SA
2. Public (<5%)

542,347,113 :
47,549,687 :

DIVIDEND ANNOUNCEMENT
Cash
Bonus
Year Shares Dividend Cum Date
1994
40.00 27-Jun-95
20.00
04-Jul-96
1995
1996
20.00 27-Jun-97
1997
1:1
27-Jun-97
2000
10.00 25-Jun-01
2002
2.00 27-Jun-03

Ex Date
28-Jun-95
05-Jul-96
30-Jun-97
30-Jun-97
26-Jun-01
30-Jun-03

Recording
Date
06-Jul-95
15-Jul-96
08-Jul-97
08-Jul-97
29-Jun-01
02-Jul-03

91.94%
8.06%

Payment
Date
02-Aug-95
14-Aug-96
06-Aug-97
06-Aug-97
13-Jul-01
16-Jul-03

F/I
F
F
F
F
F

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

Type of Listing
First Issue
Company Listing
Bonus Shares
Right Issue
Right Issue

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

Listing
Date
13-Jun-94
13-Jun-94
07-Aug-97
11-Jun-04
28-Dec-07

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

ADES Akasha Wira International Tbk. [S]

TRADING ACTIVITIES

Closing Price* and Trading Volume

Akasha Wira International Tbk. [S]
January 2009 - February 2013

Closing Price
Volume
(Mill. Sh)

3,000

48.0

2,625

42.0

2,250

36.0

1,875

30.0

1,500

24.0

1,125

18.0

750

12.0

375

6.0

Jan-09

Jan-10

Jan-11

Jan-12

Jan-13

Closing Price*, Jakarta Composite Index (IHSG) and

Consumer Goods Industry Index
January 2009 - February 2013

Low
195
160
330
370
405
590
570
590
650
610
610
600

Close
210
365
395
410
590
630
590
680
870
660
630
640

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

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
240
440
440
500
810
940
650
740
880
890
720
670

Day

Closing
Price*

66
2,359
2,615
2,232
3,933
3,007
433
1,562
9,669
4,271
995
1,314

271
13,590
10,847
15,376
44,229
30,951
2,119
10,877
67,490
32,348
4,629
4,070

56
4,749
4,374
6,866
26,698
24,705
1,291
7,334
53,281
26,693
3,092
2,613

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

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

660
620
660
770
680
600
640
690
2,925
3,600
2,225
1,830

580
530
540
640
500
530
540
580
660
1,840
1,730
1,620

590
550
650
670
580
560
600
680
2,925
2,075
1,760
1,620

898
449
951
7,531
340
254
233
1,339
8,836
21,851
7,246
2,865

3,301
2,687
3,742
49,026
1,656
873
1,250
6,321
63,456
90,023
26,126
9,245

2,039
1,531
2,308
35,882
1,009
492
745
4,113
77,614
218,236
53,135
16,341

20
19
21
21
18
22
20
21
16
18
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

1,680
1,180
1,240
2,000
1,720
1,590
1,670
1,590
1,350
1,150
1,090
1,120

1,160
1,020
1,040
1,170
1,500
1,300
1,370
1,220
960
930
980
990

1,160
1,040
1,180
1,600
1,500
1,390
1,560
1,260
1,000
1,070
1,000
1,010

4,643
657
1,663
12,836
1,923
1,258
6,600
1,782
720
777
834
690

14,994
1,713
6,158
55,205
7,009
5,208
31,856
6,174
1,799
2,350
2,087
1,817

22,855
1,866
7,090
93,448
11,076
7,580
50,592
9,070
2,114
2,395
2,146
1,891

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

1,200
1,200
1,090
1,200
1,630
1,390
1,500
1,380
1,470
1,570
2,525
2,275

1,000
1,040
1,040
1,040
1,060
1,160
1,240
1,190
1,240
1,280
1,420
1,810

1,060
1,060
1,060
1,110
1,240
1,300
1,360
1,210
1,320
1,460
2,050
1,920

1,974
2,379
892
1,403
4,111
491
2,232
1,053
2,263
3,817
17,313
6,097

6,582
5,512
1,856
3,897
15,668
1,694
9,214
5,004
9,896
23,929
106,471
31,594

7,289
6,177
1,967
4,361
21,743
2,108
12,523
6,531
13,467
34,312
206,574
65,109

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

Jan-13
Feb-13

2,575
2,850

1,820
2,100

2,225
2,775

8,408
9,132

49,417
63,494

109,788
159,111

21
20

Month

1,260%
1133.3%

1,080%
900%
720%
540%

397.2%

360%

233.7%

180%
-180%

Jan 09

Jan 10

Jan 11

Jan 12

Jan 13

SHARES TRADED

2009

2010

2011

Volume (Million Sh.)

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

237
162
32
233

258
413
53
237

136
212
34
247

2012 Feb-13
221
382
44
246

113
269
18
41

Price (Rupiah)
High
Low
Close
Close*

940
160
640
640

3,600
500
1,620
1,620

2,000
930
1,010
1,010

2,525
1,000
1,920
1,920

2,850
1,820
2,775
2,775

23.13
30.19
PER (X)
20.07
16.41
PER Industry (X)
5.53
9.57
PBV (X)
* Adjusted price after corporate action

23.03
16.22
4.74

13.17
19.75
5.95

19.04
21.70
8.61

ADES Akasha Wira International Tbk. [S]

Financial Data and Ratios
Public Accountant : Johan Malonda Mustika & Rekan (Member of Baker Tilly International)
Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

Cash & Cash Equivalents

29,311

38,471

15,670

14,787

38,459

Receivable

16,042

20,093

95,929

71,797

84,691

Inventories

9,581

7,088

8,488

38,965

6,276

59,208

73,551

131,881

128,835

188,294

Fixed Assets

124,311

104,023

100,904

102,574

104,730

Other Assets

4,139

4,627

4,368

Total Assets

185,015

178,287

324,493

316,048

377,987

-3.64%

82.01%

-2.60%

19.60%

29,613

87,255

75,394

72,960

17,900

80,455

137,360

114,908

114,797

133,117

110,068

224,615

190,302

187,757

-17.31%

104.07%

-15.28%

-1.34%

2,359,587

2,359,587

2,359,587

2,359,587

2,359,587

589,897

589,897

589,897

589,897

589,897

590

590

590

590

590

BALANCE SHEET
(Million Rp except Par Value)

Book End : December

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Liabilities

388
310

Current Assets

Growth (%)

233
155
78
-

Current Liabilities
Long Term Liabilities
Total Liabilities

115,217

Growth (%)

2008

2009

2010

2011

Sep-12

TOTAL EQUITY (Billion Rupiah)

190

Minority Interest
Authorized Capital
Paid up Capital
Paid up Capital (Shares)

190

151

126
100

113

Par Value
Retained Earnings
Total Equity

1,000

1,000

1,000

1,000

1,000

-543,067

-526,746

-495,087

-469,219

-404,735

51,898

68,219

99,878

125,746

190,230

31.45%

46.41%

25.90%

51.28%

Growth (%)
INCOME STATEMENTS

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

Total Revenues

129,542

134,438

218,748

299,409

354,750

3.78%

62.71%

36.87%

Growth (%)
Expenses

93,936

86,062

138,249

184,925

Gross Profit

35,606

48,376

80,499

114,484

201,914

Operating Expenses

74,346

43,744

52,178

88,165

132,802

-38,740

4,632

28,321

26,319

N/A

511.42%

-7.07%

68
74

52

35

-4

2008

2009

2010

2011

Sep-12

TOTAL REVENUES (Billion Rupiah)

152,836

355
355

Operating Profit

Growth (%)

299
282

219
210

8,107

12,763

5,222

3,308

5,618

-30,633

17,395

33,543

29,627

63,494

1,517

1,074

1,884

3,759

-990

-15,208

16,321

31,659

25,868

64,484

N/A

93.98%

-18.29%

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

51.39

248.37

151.14

170.88

258.08

-25.78

27.67

53.67

43.85

109.31

BV (Rp)

87.98

115.65

169.31

213.17

322.48

DAR (X)

0.72

0.62

0.69

0.60

0.50

Other Income (Expenses)

Income before Tax
Tax

130

134

2008

2009

138

65

Minority Interest
Net Income

Growth (%)
RATIOS
Current Ratio (%)
Dividend (Rp)
EPS (Rp)

2.56

1.61

2.25

1.51

0.99

ROA (%)

-16.56

9.76

10.34

9.37

16.80

ROE (%)

-59.03

25.50

33.58

23.56

33.38

GPM (%)

27.49

35.98

36.80

38.24

56.92

OPM (%)

-29.91

3.45

12.95

8.79

NPM (%)

DER(X)

-7

2010

-11.74

12.14

14.47

8.64

18.18

Yield (%)

Sep-12

NET INCOME (Billion Rupiah)

64
64

49

32
26

33

Payout Ratio (%)

2011

16
17

2008
1

2009
-15

-15

2010

2011

Sep-12