PT Unilever Indonesia Tbk.

Consumer Goods

Head Office Graha Unilever Summary of Financial Statement

Jl. Gatot Subroto Kav. 15
Jakarta 12930 (Million Rupiah)
Phone (021) 526-2112, 526-1978 2011 2012 2013
Fax (021) 526-4020, 526-2044 Total Assets 10,482,312 11,984,979 13,348,188
E-mail: unvr.indonesia@unilever.com Current Assets 4,446,219 5,035,962 5,862,939
Website: www.unilever.com of which
Factories - Jl. Rungkut Industri IV No. 5-11 Cash and cash equivalents 336,143 229,690 261,202
Trade receivables 2,076,083 2,426,242 3,269,694
Surabaya 60291
Inventories 1,812,821 2,061,899 2,084,331
Phone (031) 843-8297, Fax (031) 843-9159 Current Assets 6,036,093 6,949,017 7,485,249
- Jl. Jababeka Raya, Cikarang, Bekasi 17520 of which
Phone (021) 893-4886, Fax (021) 893-4884 Fixed Assets-Net 5,314,311 6,283,479 6,874,177
Business Manufacturing and Distribution Consumer Goods Other Assets 75,705 70,456 69,271
Company Status PMA
Liabilities 6,801,375 8,016,614 9,033,518
Financial Performance: The company booked net income Current Liabilities 6,501,681 7,535,896 8,419,442
of which
in 2013 at IDR 3.352 trillion, increased from IDR 4.839 trillion Short term debts 699,160 1,040,000 976,792
in 2012. Trade payables 2,434,260 2,764,069 3,764,544
Brief History: PT Unilever Indonesia Tbk (the company) Taxes payable 451,630 519,274 438,920
was established on 5 December 1933 as Levers Zeepfabrieken Accrued expenses 2,209,403 2,239,481 1,841,112
Non-Current Liabilities 299,694 480,718 614,076
N.V. by deed No. 23 of Mr. A.H. van Ophuijsen, notary in Bata-
via. This deed was approved by the Gouverneur Generaal van Shareholders' Equity 3,680,937 3,968,365 4,254,670
Nederlandsch-Indie under letter No. 14 on 16 December 1933, Paid-up capital 76,300 76,300 76,300
Paid-up capital
registered at the Raad van Justitie in Batavia under No. 302 on in excess of par value 96,000 96,000 96,000
22 December 1933 and published in the Javasche Courant on 9 Revaluation of fixed assets n.a n.a n.a
January 1934 Supplement No. 3. Retained earnings 3,508,637 3,796,065 4,082,370
The company listed 15% of its shares on the Jakarta Stock Net Sales 23,469,218 27,303,248 30,757,435
Exchange and Surabaya Stock Exchange following the approval Cost of Goods Sold 11,462,805 13,414,122 14,978,947
from the Chairman of Capital Market Supervisory Board (Bape- Gross Profit 12,006,413 13,889,126 15,778,488
Operating Expenses 6,551,003 7,434,318 8,656,745
pam) No.SI-009/PM/E/1981 on 16 November 1981. Operating Profit 5,455,410 6,454,808 7,121,743
The company is engaged in the manufacturing of soaps, Other Income (Expenses) 119,389 11,957 37,065
detergents, margarine, dairy based foods, ice cream, tea based Profit before Taxes 5,574,799 6,466,765 7,158,808
beverages and cosmetic products. The company commenced Comprehensive Profit 4,164,304 4,839,145 5,352,625

commercial operations in 1933. Per Share Data (Rp)

At the companys extraordinary General Meeting on 8 Earnings per Share 546 634 702
December 2003, the company received approval from its mi- Equity per Share 482 520 558
Dividend per Share 296 334 371
nority shareholders to acquire the shares of PT Knorr Indone- Closing Price 18,800 20,850 26,000
sia (PT KI) from Unilever Overseas Holdings Limited (a related
Financial Ratios
party). This acquisition became effective on the signing date of
PER (x) 34.45 32.87 37.06
the share sales and purchase agreement between the company PBV (x) 38.97 40.09 46.63
and Unilever Overseas Holdings Limited on 21 January 2004. Dividend Payout (%) n.a 52.66 52.88
On 30 July 2004, the company merged with PT KI. The merger Dividend Yield (%) n.a 1.60 1.43
was accounted for using a method similar to the pooling of in- Current Ratio (x) 0.68 0.67 0.70
terest method. The company was the surviving company and af- Debt to Equity (x) 1.85 2.02 2.12
ter the merger PT KI no longer existed as separate legal entity. Leverage Ratio (x) 0.65 0.67 0.68
Gross Profit Margin (x) 0.51 0.51 0.51
This merger is in accordance with the approval of the Capital Operating Profit Margin (x) 0.23 0.24 0.23
Investment Co-ordination Board (BKPM) in letter No. 740/III/ Net Profit Margin (x) 0.18 0.18 0.17
PMA/2004 dated 9 July 2004. Inventory Turnover (x) 6.32 6.51 7.19
On 2007, the company entered into a conditional agree- Total Assets Turnover (x) 2.24 2.28 2.30
ROI (%) 39.73 40.38 40.10
ment to buy the Buavita and Gogo brands of fruit-based Vi- ROE (%) 113.13 121.94 125.81
tality drinks from Ultra. The transaction accomplished on Janu-
ary 2008. PER = 42,60x ; PBV = 56,80x (June 2014)
Financial Year: December 31
Public Accountant: Tanudiredja, Wibisana & Rekan

Shareholders
Unilever Indonesia Holding B. V. 85.00%
Public 15.00%

508 Indonesian Capital Market Directory 2014

PT Unilever Indonesia Tbk. Consumer Goods

Board of Commissioners Board of Directors

President Commissioner Peter Frank ter Kulve
Commissioners Bambang Subianto, Erry Firmansyah,
Cyrillus Harinowo, Hikmahanto Juwana
President Director Maurits Daniel Rudolf Lalisang
Directors Hadrianus Setiawan, Enny Hartati,
Debora Herawati Sadrach, Tevilyan Yudhistira Rusli,
Ainul Yaqin, Sancoyo Antarikso,
Ramakrishnan Raghuraman, Ira Noviarti

Number of Employees 6,644

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 11-Jan-82 11-Jan-82 9,200,000 9,200,000
2 Bonus Shares 15-Dec-89 15-Dec-89 1,533,334 10,733,334
3 Bonus Shares 22-Sep-93 22-Sep-93 717,891 11,451,225
4 Company Listing 02-Jan-98 02-Jan-98 64,848,775 76,300,000
5 Stock Split 06-Nov-00 06-Nov-00 686,700,000 763,000,000
6 Stock Split 03-Sep-03 03-Sep-03 6,867,000,000 7,630,000,000

Underwriters
PT MERINCORP, PT ASEAM, PT (Persero) Danareksa
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-13 23,150 20,900 22,050 61,636.00 1,347,431.00 23,609 21 7,630,000,000 168,241,500.00
February-13 23,300 21,650 22,850 44,383.00 1,001,564.00 17,807 20 7,630,000,000 174,345,500.00
March-13 23,100 21,700 22,800 50,808.00 1,147,414.00 16,433 19 7,630,000,000 173,964,000.00
April-13 26,250 22,150 26,250 50,732.00 1,178,848.00 15,906 22 7,630,000,000 200,287,500.00
May-13 34,500 24,800 30,500 57,502.00 1,657,707.00 21,913 22 7,630,000,000 232,715,000.00
June-13 31,550 25,550 30,750 62,429.00 1,795,607.00 34,773 19 7,630,000,000 234,622,500.00
July-13 34,600 26,000 31,800 45,612.00 1,435,491.00 24,938 23 7,630,000,000 242,634,000.00
August-13 32,350 26,600 31,200 39,989.00 1,191,169.00 25,112 17 7,630,000,000 238,056,000.00
September-13 33,300 30,100 30,150 50,371.00 1,587,564.00 28,077 21 7,630,000,000 230,044,500.00
October-13 37,350 29,600 30,000 54,142.00 1,698,290.00 26,976 21 7,630,000,000 228,900,000.00
November-13 30,800 25,700 26,600 53,564.00 1,502,119.00 27,121 20 7,630,000,000 202,958,000.00
December-13 27,300 25,100 26,000 36,810.00 963,138.00 22,404 19 7,630,000,000 198,380,000.00
January-14 28,775 25,800 28,550 49,313.00 1,352,166.00 44,445 20 7,630,000,000 217,836,500.00
February-14 28,650 27,525 28,575 35,118.00 990,814.00 35,716 20 7,630,000,000 218,027,250.00
March-14 31,350 27,525 29,250 47,568.00 1,377,944.00 47,590 20 7,630,000,000 223,177,500.00
April-14 30,975 28,500 29,250 36,990.00 1,102,426.00 46,776 20 7,630,000,000 223,177,500.00
May-14 30,850 28,800 29,125 34,883.00 1,051,523.00 31,684 18 7,630,000,000 222,223,750.00
June-14 30,550 29,200 29,275 39,009.00 1,161,481.00 35,479 21 7,630,000,000 223,368,250.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
35,000 16,000

30,000 14,000

12,000
25,000

10,000
20,000
8,000
15,000
6,000

10,000
4,000

5,000 2,000

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 509