Budi Acid Jaya Tbk.

[S] BUDI
COMPANY REPORT : JANUARY 2012 As of 31 January 2012
Main Board Individual Index : 135.496
Industry Sector : Basic Industry And Chemicals (3) Listed Shares : 3,783,500,829
Industry Sub Sector : Chemicals (34) Market Capitalization: 945,875,207,250

COMPANY HISTORY SHAREHOLDERS (January 2012)

Established Date : 15-Jan-1979 1. PT Budi Delta Swakarya 1,004,575,500 : 27.00%
Listing Date : 08-May-1995 2. PT Sungai Budi 857,078,872 : 23.00%
Under Writer IPO :
PT Inter-Pacific Securities DIVIDEND ANNOUNCEMENT
PT Lippo Securities Bonus Cash Cum Ex Recording Payment
PT DBS Securities Indonesia Year Shares Devidend Date Date Date Date F/I
Securities Administration Bureau : 1994 50.00 20-Jul-95 21-Jul-95 31-Jul-95 14-Aug-95 F
PT Sinartama Gunita 1995 100.00 09-Oct-95 10-Oct-95 18-Oct-95 25-Oct-95 I
Plaza BII Menara 3, 12th Fl. 1995 1:1 50.00 10-Jul-96 11-Jul-96 19-Jul-96 15-Aug-96 F
Jln. M.H. Thamrin No. 51 Jakarta 10350 1996 100.00 04-Dec-96 05-Dec-96 13-Dec-96 23-Dec-96 I
Phone : 392-2332 1996 50.00 21-Jul-97 22-Jul-97 31-Jul-97 13-Aug-97 F
Fax : 392-3003 1997 4:1 21-Jul-97 22-Jul-97 31-Jul-97 13-Aug-97
1999 30.00 28-Mar-00 29-Mar-00 11-Apr-00 18-Apr-00 I
BOARD OF COMMISSIONERS 2007 3.00 04-Dec-07 05-Dec-07 07-Dec-07 27-Dec-07 I
1. Widarto 2007 1.80 10-Jul-08 11-Jul-08 15-Jul-08 29-Jul-08 F
2. Daniel Kandinata *) 2008 7.00 08-Sep-08 09-Sep-08 11-Sep-08 23-Sep-08 I
3. Oey Alfred 2008 6.00 03-Sep-09 04-Sep-09 08-Sep-09 15-Sep-09 F
*) Independent Commissioners 2009 9.67 15-Jun-10 16-Jun-10 18-Jun-10 29-Jun-10 F
2010 4.63 - 5.03 13-Jun-11 14-Jun-11 16-Jun-11 28-Jun-11 F
BOARD OF DIRECTORS 2011 8.00 28-Sep-11 29-Sep-11 03-Oct-11 11-Oct-11 I
1. Santoso Winata 2011 8.00 28-Sep-11 29-Sep-11 03-Oct-11 11-Oct-11 I
2. Djunaedi Nur
3. Oey Albert ISSUED HISTORY
4. Sudarmo Tasmin Listing Trading
5. Sugandhi Type of Listing Shares Date Date
6. Tan Anthony Sudirdjo 1. First Issue 30,000,000 08-May-95 08-May-95
7. Winoto Prajitno 2. Company Listing 70,000,000 08-May-95 30-Nov-95
3. Bonus Shares 150,000,000 T: 16-Aug-96 : 14-Aug-97
AUDIT COMMITTEE 4. Additional Listing 12,500,000 05-Jan-99 05-Jan-99
1. Victor Fungkong 5. Stock Split 787,500,000 28-Sep-99 28-Sep-99
2. Bonaventura Andika Sumarjo 6. Additional Listing without HMETD 181,500,000 24-Feb-05 24-Feb-05
3. Troy Bandranaya 7. Right Issue 2,463,000,000 01-Aug-07 01-Aug-07
8. Warrant 71,453,499 T: 23-Jan-08 : 18-Aug-10
CORPORATE SECRETARY 9. Warrant I 17,547,330 T: 03-Sep-10 : 25-Jan-12
Mawarti Wongso

HEAD OFFICE
Wisma Budi 8th - 9th Fl.
Jln. H.R. Rasuna Said Kav. C - 6, Jakarta 12940
Phone : (021) 521-3383
Fax : (021) 521-3339, 521-3392

Homepage : www.budiacidjaya.com
Email : mawarti.wongso@budiacidjaya.co.id
Budi Acid Jaya Tbk. [S] BUDI
TRADING ACTIVITIES
CLOSING PRICE* AND TRADING VOLUME
Closing Volume Closing Price Freq. Volume Value

Day
BUDI ACID JAYA TBK. [S]
Price* JANUARY 2008 - JANUARY 2012 (Mill. Sh) Month High Low Close (X) (Thou. Sh) (Million Rp)
368 350 Jan-08 325 225 260 5,528 446,455 133,067 20
Feb-08 300 260 285 2,425 133,681 37,408 19
Mar-08 310 260 280 1,680 67,831 19,857 18
315 300
Apr-08 300 250 255 1,190 31,789 8,772 20
May-08 345 255 340 8,233 1,652,861 392,841 20
263 250 Jun-08 375 300 340 4,822 1,200,022 217,257 21
Jul-08 355 305 340 2,266 123,035 40,803.9 22
Aug-08 335 280 290 1,505 141,315 44,218 20
210 200 Sep-08 295 210 240 1,128 46,774 12,299 21
Oct-08 240 126 160 1,333 50,487 7,736 18
Nov-08 180 122 131 679 19,859 3,043 20
158 150
Dec-08 138 120 130 1,313 111,199 13,983 19
Jan-00
105 100 Jan-09 140 116 125 370 208,231 33,252 18
Feb-09 129 119 120 396 5,607 701 20
Mar-09 140 120 129 3,492 36,104 4,768 20
53 50 Apr-09 154 122 142 1,751 42,071 5,816 20
May-09 175 140 163 1,064 27,824 4,287 20
Jun-09 198 140 185 740 20,673 3,747 22
Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jul-09 240 130 240 460 10,721 2,278 20
Aug-09 275 199 245 1,329 49,266 11,536 20
Sep-09 255 215 245 545 16,131 3,803 18
Oct-09 245 220 240 308 15,323 3,648 22
CHANGE OF CLOSING PRICE Nov-09 235 215 220 99 2,165 478 17
BASIC INDEX AND JAKARTA COMPOSITE INDEX Dec-09 225 205 220 63 1,095 234 18
JANUARY 2008 - JANUARY 2012
Jan-00
90% 90%
Jan-10 240 205 205 485 42,517 9,717 19
75% 75% Feb-10 245 191 225 542 10,132 2,256 19
Jakarta Composite Index
Mar-10 245 215 240 1,176 11,099 2,571 22
Basic Index
60% 60% Apr-10 255 230 240 1,253 18,431 4,467 21
Closing Price
M 10
May-10 240 165 210 445 5 530
5,530 1 143
1,143 18
45% 45%
Jun-10 220 190 205 229 6,843 1,450 21
30% 30% Jul-10 250 200 235 809 17,899 4,099 20
Aug-10 245 220 225 210 12,137 2,779 18
15% 15% Sep-10 240 220 230 301 7,925 1,907 13
Oct-10 235 215 215 357 40,936 9,217 19
- -
Nov-10 245 165 210 1,024 12,469 2,752 20
-15% -15% Dec-10 250 205 220 783 9,803 2,241 19
Jan-00
-30% -30% Jan-11 245 205 220 1,047 11,195 2,544 21
Feb-11 240 215 225 434 8,789 2,042 17
-45% -45%
Mar-11 225 205 215 686 6,693 1,421 23
-60% -60% Apr-11 245 215 235 475 10,822 2,504 18
May-11 285 225 250 2,968 81,057 20,579 21
-75% -75% Jun-11 290 230 270 4,654 129,812 33,432 20
Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jul-11 320 255 295 4,649 182,198 51,855 21
Aug-11 345 245 270 2,891 105,184 31,888 19
Sep-11 330 230 235 2,231 234,412 65,229 20
SHARES TRADED 2008 2009 2010 2011 Jan-12 Oct-11 245 183 235 2,221 37,949 7,810 21
Volume (Million Shares) 4,025 435 196 1,020 86 Nov-11 230 200 205 744 13,057 2,774 22
Value (Billion Rp) 931 75 45 269 19 Dec-11 250 210 240 3,387 198,818 46,627 21
Frequency (X) 32,102 10,617 7,614 26,387 1,965 Jan-00
Days 238 235 229 244 21 Jan-12 285 230 250 1,965 86,411 18,846 21
Feb-12
Price (Rupiah) Mar-12
High 375 275 255 345 285 Apr-12
Low 120 116 165 183 230 May-12
Close 130 220 220 240 250 Jun-12
Close* 130 220 220 240 250 Jul-12
Aug-12
PER (X) 14.80 5.64 17.98 7.56 7.88 Sep-12
PER Industry (X) 10.41 6.15 12.86 6.13 7.17 Oct-12
PBV (X) 0.79 1.11 1.09 1.04 1.08 Nov-12
Dec-12
* Adjusted price after corporate action
Budi Acid Jaya Tbk. [S] BUDI
Financial Data and Ratios
Public Accountant : Mulyamin Sensi Suryanto (Member of Moore Stephens International Ltd.) 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 153,947 143,395 57,829 177,762 224,310 2,250
Assets
Receivable 266,009 165,377 207,562 285,309 283,660 Liabilities
1,800
Inventories 160,066 239,894 165,289 293,639 393,841
Current Assets 665,210 713,029 536,438 835,607 962,955 1,350

Fixed Assets 796,624 971,180 1,054,857 1,117,614 1,173,047

900
Other Assets - - - 2,075 1,989
Total Assets 1,485,651 1,698,750 1,598,824 1,967,633 2,155,015
450
Growth (%) 14.34% -5.88% 23.07% 9.52%
-
Current Liabilities 445,862 680,717 514,068 811,791 722,966 2007 2008 2009 2010 Sep-11
Long Term Liabilities 375,493 369,342 301,564 353,295 556,908
Total Liabilities 821,987 1,050,659 816,201 1,165,623 1,280,411
Growth (%) 27.82% -22.32% 42.81% 9.85% TOTAL EQUITY (Billion Rupiah)

875
Minority Interest 37,702 29,241 38,583 39,300 - 875

744 763
Authorized Capital 525,000 525,000 525,000 525,000 525,000
Paid up Capital 461,813 469,368 469,596 471,383 472,899
700
626 619

Paid up Capital (Shares) 3,695 3,755 3,757 3,771 3,783

5 5
525

Par Value 125 125 125 125 125

Retained Earnings 46,459 45,935 170,164 189,120 249,536 350

Total Equity 625,962 618,850 744,040 762,710 874,604

Growth (%) -1.14% 20.23% 2.51% 14.67% 175

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

-

2007 2008 2009 2010 Sep-11

Total Revenues 1,350,298 1,551,987 1,782,132 2,124,381 1,892,848
Growth (%) 14.94% 14.83% 19.20%

TOTAL REVENUES (Billion Rupiah)

Expenses 1,136,511 1,331,548 1,520,875 1,881,605 1,633,604
Gross Profit 213,787 220,439 261,257 242,776 259,244 2,124
1,893
2,124

Operating Expenses 66,931 84,944 107,381 108,026 93,144 1,782

Operating Profit 146,856 135,495 153,876 134,750 166,100 1,700 1,552
Growth (%) -7.74% 13.57% -12.43% 1,350
1,275

Other Income (Expenses) -74,292 -99,929 24,541 -62,867 -58,965

Income before Tax 72,564 35,566 178,417 71,883 107,135
850

Tax 25,696 11,046 22,660 25,036 25,000

425

Minority Interest -691 8,461 -9,342 -717 -

Net Income 46,177 32,981 146,415 46,130 90,047 -

Growth (%) -28.58% 343.94% -68.49% 2007 2008 2009 2010 Sep-11

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

Current Ratio (%) 149.20 104.75 104.35 102.93 133.20 NET INCOME (Billion Rupiah)
Dividend (Rp) 4.80 13.00 9.67 - 16.00 146
EPS (Rp) 12.50 8.78 38.97 12.23 23.80 146

BV (Rp) 169.43 164.81 198.05 202.25 231.18

DAR (X) 0.55 0.62 0.51 0.59 0.59
117

90
DER(X) 1.31 1.70 1.10 1.53 1.46
88

ROA (%) 4.88 2.09 11.16 3.65 4.97

ROE (%) 11.59 5.75 23.98 9.42 12.25 59
46 46
GPM (%) 15.83 14.20 14.66 11.43 13.70 33
OPM (%) 10.88 8.73 8.63 6.34 8.78 29

NPM (%) 3.42 2.13 8.22 2.17 4.76

Payout Ratio (%) 38.40 148.01 24.81 - 67.22
-

Yield (%) 1.55 10.00 4.40 - 6.81 2007 2008 2009 2010 Sep-11