Ultra Jaya Milk Tbk.

[S] ULTJ
COMPANY REPORT : JANUARY 2012 As of 31 January 2012
Main Board Individual Index : 541.788
Industry Sector : Consumer Goods Industry (5) Listed Shares : 2,888,382,000
Industry Sub Sector : Food And Beverages (51) Market Capitalization: 3,234,987,840,000

COMPANY HISTORY SHAREHOLDERS (January 2012)

Established Date : 02-Nov-1971 1. PT Prawirawidjaja Prakarsa 618,076,065 : 21.00%
Listing Date : 02-Jul-1990 2. UBS AG Singapore Non-Treaty Omnibus Account 274,348,461 : 9.00%
Under Writer IPO : 3. PT Indolife Pensiontama 231,570,034 : 8.00%
PT Multicor 4. PT AJ Central Asia Raya 221,701,500 : 7.00%
Securities Administration Bureau : 5. Sabana Prawira Widjaja 192,000,000 : 6.00%
PT Sirca Datapro Perdana
Wisma Sirca DIVIDEND ANNOUNCEMENT
Jln. Johar No.18, Menteng, Jakarta 10340 Bonus Cash Cum Ex Recording Payment
Phone : 314-0032, 390-5920, 390-0645 Year Shares Devidend Date Date Date Date F/I
Fax : 390-0671, 390-0652 1991 100.00 26-Jul-91 29-Jul-91 05-Aug-91 04-Sep-91
1992 100.00 18-Aug-93 19-Aug-93 26-Aug-93 25-Sep-93 F
BOARD OF COMMISSIONERS 1993 30.00 24-Aug-94 25-Aug-94 01-Sep-94 01-Oct-94 F
1. Supiandi Prawirawidjaja 1995 2:3 27-Dec-94 28-Dec-94 05-Jan-95 04-Feb-95
2. Endang Suharya *) 1994 30.00 24-Aug-95 25-Aug-95 04-Sep-95 02-Oct-95 F
3. Soeharsono Sagir 1995 35.00 21-Aug-96 22-Aug-96 30-Aug-96 01-Oct-96 F
*) Independent Commissioners 1996 35.00 22-Aug-97 25-Aug-97 02-Jun-97 01-Oct-97 F
1999 15.00 23-Nov-00 24-Nov-00 01-Dec-00 15-Dec-00 F
BOARD OF DIRECTORS 2002 5.00 22-Jul-03 23-Jul-03 25-Jul-03 08-Aug-03 F
1. Sabana Prawirawidjaja 2005 5.00 17-Jul-06 18-Jul-06 20-Jul-06 03-Aug-06 F
2. Jutianto Isnandar
3. Samudera Prawirawidjaja ISSUED HISTORY
Listing Trading
AUDIT COMMITTEE Type of Listing Shares Date Date
1. Endang Suharya 1. First Issue 6,000,000 02-Jul-90 02-Jul-90
2. Abu Sardjono 2. Company Listing 14,500,000 03-Sep-91 03-Sep-91
3. Nadi Rusnadi 3. Dividend 1,506,720 11-Nov-92 11-Nov-92
4. Right Issue 4,995,681 T: 14-Apr-94 : 24-May-94
CORPORATE SECRETARY 5. Right Issue 35,597,718 T: 14-Apr-94 : 01-Jun-94
Eddi Kurniadi 6. Right Issue 13,879,127 T: 14-Apr-94 : 02-Jun-94
7. Right Issue 244,675 T: 14-Apr-94 : 16-Jun-94
HEAD OFFICE 8. Right Issue 300 T: 14-Apr-94 : 28-Apr-94
Jln. Raya Cimareme No. 131 9. Right Issue 11,276,379 T: 14-Apr-94 : 03-May-94
Padalarang 40552, Kab. Bandung 10. Right Issue 13,350 T: 14-Apr-94 : 10-May-94
Phone : (022) 8670-0700, 11. Right Issue 3,930 T: 14-Apr-94 : 10-May-94
Fax : (022) 8670-0777 12. Right Issue 1,800 T: 14-Apr-94 : 13-May-94
13. Right Issue 7,200 T: 14-Apr-94 : 18-May-94
Homepage : www.ultrajaya.co.id 14. Bonus Shares 132,040,320 06-Feb-95 06-Feb-95
Email : eddikur@ultrajaya.co.id; admin@ultrajaya.co.id 15. Right Issue 165,050,400 19-Aug-99 19-Aug-99
16. Stock Split 1,540,470,400 16-Jan-01 16-Jan-01
17. Right Issue 962,794,000 29-Apr-04 29-Apr-04
Ultra Jaya Milk Tbk. [S] ULTJ
TRADING ACTIVITIES
CLOSING PRICE* AND TRADING VOLUME
Closing Volume Closing Price Freq. Volume Value

Day
ULTRA JAYA MILK TBK. [S]
Price* JANUARY 2008 - JANUARY 2012 (Mill. Sh) Month High Low Close (X) (Thou. Sh) (Million Rp)
2,100 210 Jan-08 620 400 475 89 363 182 16
Feb-08 550 445 470 79 220,305 145,348 15
Mar-08 650 400 640 153 803 455 11
1,800 180
Apr-08 640 480 620 111 563 307 17
May-08 840 530 700 3,168 40,411 30,838 20
1,500 150 Jun-08 790 620 750 2,601 50,865 37,773 21
Jul-08 780 520 670 1,076 8,351 5,840.2 20
Aug-08 690 530 610 430 2,955 1,728 20
1,200 120 Sep-08 700 500 690 567 5,050 2,882 21
Oct-08 650 540 620 305 71,780 39,490 17
Nov-08 670 590 650 94 32,034 20,792 17
900 90
Dec-08 800 650 800 143 20,378 13,368 14
Jan-00
600 60 Jan-09 770 700 710 28 3,917 2,348 11
Feb-09 750 700 750 22 192,966 104,233.6 8
Mar-09 780 650 750 39 179 133 6
300 30 Apr-09 780 660 680 86 339 240 13
May-09 700 600 620 154 664 429 17
Jun-09 700 500 600 112 1,322 699 16
Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jul-09 650 530 630 75 12,430 7,830 14
Aug-09 660 590 610 61 4,562 2,324 12
Sep-09 650 600 630 36 5,224 3,375 11
Oct-09 660 550 570 214 612 379 16
CHANGE OF CLOSING PRICE Nov-09 650 550 610 29 239 146 10
CONSUMER GOODS INDEX AND JAKARTA COMPOSITE INDEX Dec-09 620 570 580 6 23 13 5
JANUARY 2008 - JANUARY 2012
Jan-00
240% 240%
Jan-10 600 530 600 28 132 75 6
Jakarta Composite Index
Feb-10 620 520 600 40 83 47 10
200% 200% Mar-10 670 580 630 255 1,032 659 19
Consumer Goods Index
Closing Price Apr-10 660 580 650 58 929 593 16
160% 160% May-10 780 620 750 319 3,015 2,141 18
Jun-10 760 630 680 276 2,504 1,645 13
Jul-10 770 620 670 718 3,401 2,316 19
120% 120%
Aug-10 770 650 710 296 2,369 1,679 18
Sep-10 2,050 670 1,640 17,536 110,640 185,305 16
80% 80% Oct-10 1,870 1,420 1,700 26,725 141,146 242,460 21
Nov-10 1,740 1,350 1,380 4,871 16,952 27,353 21
40% 40% Dec-10 1,480 1,150 1,210 2,383 7,733 10,418 20
Jan-00
- -
Jan-11 1,300 970 980 3,555 12,362 14,734 22
Feb-11 1,030 950 990 1,514 4,597 4,574 18
Mar-11 1,080 970 1,030 4,394 23,402 24,000 23
-40% -40%
Apr-11 1,720 1,030 1,380 19,424 106,280 155,029 20
May-11 1,480 1,350 1,380 3,400 14,435 20,352 21
-80% -80% Jun-11 1,430 1,260 1,350 2,141 10,304 14,109 20
Jan 08 Jan 09 Jan 10 Jan 11 Jan 12
Jul-11 1,590 1,340 1,480 8,195 52,950 79,063 21
Aug-11 1,510 1,190 1,220 1,613 6,987 9,366 19
Sep-11 1,300 930 1,020 1,780 7,103 8,622 20
SHARES TRADED 2008 2009 2010 2011 Jan-12 Oct-11 1,170 850 1,080 2,884 10,040 10,428 21
Volume (Million Shares) 454 222 290 292 54 Nov-11 1,180 1,000 1,090 15,053 38,841 43,089 22
Value (Billion Rp) 299 122 475 388 65 Dec-11 1,150 1,060 1,080 933 4,371 4,864 21
Frequency (X) 8,816 862 53,505 64,886 13,409 Jan-00
Days 209 139 197 248 21 Jan-12 1,290 1,010 1,120 13,409 54,402 65,046 21
Feb-12
Price (Rupiah) Mar-12
High 840 780 2,050 1,720 1,290 Apr-12
Low 400 500 520 850 1,010 May-12
Close 800 580 1,210 1,080 1,120 Jun-12
Close* 800 580 1,210 1,080 1,120 Jul-12
Aug-12
PER (X) 7.61 27.39 32.63 21.68 22.49 Sep-12
PER Industry (X) 8.75 13.04 16.41 17.31 18.12 Oct-12
PBV (X) 2.04 1.41 2.69 2.21 2.30 Nov-12
Dec-12
* Adjusted price after corporate action
Ultra Jaya Milk Tbk. [S] ULTJ
Financial Data and Ratios
Public Accountant : Koesbandijah, Beddy Samsi & Setiasih Book End : December

BALANCE SHEET Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011

TOTAL ASSETS AND LIABILITIES
(Million Rp except Par Value) (Billion Rupiah)
Cash & Cash Equivalents 39,992 162,870 214,880 383,120 293,646 2,125
Receivable 162,577 151,205 178,089 193,511 218,762 Assets Liabilities
1,700
Inventories 291,483 284,293 383,589 357,744 354,238
Current Assets 551,947 826,610 813,390 955,442 910,592 1,275

Fixed Assets 765,807 766,345 808,903 941,932 968,642

850
Other Assets 2,845 58,071 35,410 30,590 25,729
Total Assets 1,362,830 1,740,646 1,732,702 2,006,596 2,052,752
425
Growth (%) 27.72% -0.46% 15.81% 2.30%
-
Current Liabilities 232,731 445,866 384,342 477,558 453,098 2007 2008 2009 2010 Sep-11

Long Term Liabilities 297,761 158,130 153,822 227,915 190,630

Total Liabilities 530,492 603,996 538,164 705,472 643,728
Growth (%) 13.86% -10.90% 31.09% -8.75% TOTAL EQUITY (Billion Rupiah)

1,298
Minority Interest 1,181 1,327 2,955 3,171 - 1,298
1,192
1,135
Authorized Capital 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Paid up Capital 577,676 577,676 577,676 577,676 577,676
1,038

831
Paid up Capital (Shares) 2,888 2,888 2,888 2,888 2,888
779

Par Value 200 200 200 200 200

Retained Earnings 175,240 478,952 562,776 669,146 776,840 519

Total Equity 831,157 1,135,324 1,191,583 1,297,953 1,409,024

Growth (%) 36.60% 4.96% 8.93% 8.56% 260

INCOME STATEMENTS Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011

-

2007 2008 2009 2010 Sep-11

Total Revenues 1,126,800 1,362,607 1,613,928 1,880,411 1,513,950
Growth (%) 20.93% 18.44% 16.51%

TOTAL REVENUES (Billion Rupiah)

Expenses 804,228 1,101,876 1,192,033 1,288,168 1,067,069
Gross Profit 322,572 260,731 421,895 592,244 446,881 1,880
1,880

Operating Expenses 248,830 327,743 294,945 406,827 273,873 1,614

1,514
Operating Profit 73,742 -67,012 126,949 185,417 173,008 1,504
1,363
Growth (%) N/A N/A 46.06%
1,127
1,128

Other Income (Expenses) -34,638 335,794 -28,671 17,506 6,801

Income before Tax 39,103 268,782 98,279 202,924 179,808
752

Tax 8,710 -35,075 37,998 95,584 71,908

376

Minority Interest -76 -146 872 -216 -

Net Income 30,317 303,712 61,153 107,123 107,900 -

Growth (%) 901.80% -79.86% 75.17% 2007 2008 2009 2010 Sep-11

RATIOS Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011

Current Ratio (%) 237.16 185.39 211.63 200.07 200.97 NET INCOME (Billion Rupiah)
Dividend (Rp) - - - - - 304
EPS (Rp) 10.50 105.15 21.17 37.09 37.36 304

BV (Rp) 287.76 393.07 412.54 449.37 487.82

DAR (X) 0.39 0.35 0.31 0.35 0.31
243

DER(X) 0.64 0.53 0.45 0.54 0.46

182

ROA (%) 2.87 15.44 5.67 10.11 8.76

ROE (%) 4.70 23.67 8.25 15.63 12.76 121
107 108
GPM (%) 28.63 19.13 26.14 31.50 29.52 61
OPM (%) 6.54 -4.92 7.87 9.86 11.43 61

30
NPM (%) 2.69 22.29 3.79 5.70 7.13
Payout Ratio (%) - - - - -
-

2007 2008 2009 2010 Sep-11

Yield (%) - - - - -