INDF Date : 27-08-10 Financial Performance (in billion Rp) www.investdata.net 2010 2009| 2008| 27-08-10 ....Q2 ....Q1|....Q4 ....Q3 ....Q2 ....Q1|....Q4 ....Q3| ---------- ------ ====== ------|------ ------ ====== ------|------ ------ Sales 18.122 9.308 37.140 28.204 18.077 8.884 38.799 29.902 COGS 12.240 6.513 27.018 20.482 13.356 6.648 29.822 22.609 Gross Marg 5.882 2.795 10.121 7.722 4.721 2.235 8.976 7.292 GM (%) 32 30 27 27 26 25 23 24 Opr Profit 3.120 1.411| 5.004 3.725 2.224 1.127| 4.341 3.576 OP (%) 17 15 13 13 12 12 11 11 Net Profit 1.410 631| 2.075 1.575 799 110| 1.034 1.114 NP (%) 7 6 5 5 4 1 2 3 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ Stk Price 4.575 4.140 3.775| 3.550 3.025 1.890 940| 930 1.960 Book Value 1.223 1.218| 1.156 1.098 1.003 1.011| 976 1.069 PBV 3,74 3,38 3,10| 3,07 2,75 1,88 0,93| 0,95 1,83 DER 2,92 2,88| 2,98 3,21 3,58 3,73| 3,62 3,27 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ ROE (%) 26 23| 20 21 18 5| 12 17 ROE (Qtr) 28 23 19 32 31 5 -3 14 ROA (%) 6 6| 5 5 3 1| 2 4 Opr prof/share 355 160| 569 424 253 132| 494 454 EPS 160 71| 236 179 91 12| 117 141 EPS (Qtr) 88 71| 56 88 78 12| -9 38 EPS (Annu) 321 287| 236 239 182 51| 117 188 PER 14,24 12,89 13,11| 15,02 12,64 10,38 18,15| 7,89 10,37 PER (Qtr) 12,89 11,67 13,11| 15,58 8,56 6,02 18,15|-25,49 12,71 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ COP (year) 6,44 5,82 5,87 6,23 5,35 3,73 1,78 1,88 3,23 CLOP(year) 11,46 10,84 11,32 12,27 11,59 10,81 8,92 9,03 8,99 CLOP(Qtr) 10,46 9,90 11,32 12,00 9,59 10,96 8,92 12,80 10,00 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ Sales Growth(%) 0 4 -4 -5 Op.Prof Growth(%) 40 25 15 4 Net.Prof/EPS Grow 76 472 100 41 PEG (<1) 0,17 0,03| 0,15 0,31 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ Sales(Qtr) 8.813 9.308 8.936 10.127 9.193 8.884 8.897 10.979 COGS (Qtr) 5.726 6.513 6.536 7.126 6.707 6.648 7.212 8.673 Gross Marg(Qtr) 3.087 2.795 2.399 3.001 2.485 2.235 1.684 2.306 GM (%) 35 30 26 29 27 25 18 21 OP.PR (Qtr) 1.709 1.411 1.279 1.500 1.097 1.127 765 1.072 OP % 19 15 14 14 11 12 8 9 NET.PR (Qtr) 778 631 500 776 689 110 -80 303 NP % 8 6 5 7 7 1 -0 2 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ Asset 42.072 41.447|40.382 40.629 40.327 40.832|39.594 35.875 Liability 31.329 30.751|30.227 30.981 31.513 32.205|31.022 27.467 Equity 10.743 10.696|10.155 9.648 8.814 8.626| 8.571 8.408 Capitalis. 40.170 36.350 33.146|31.170 26.560 16.595 8.016| 8.165 15.415 Share(mil) 8.780 8.780 8.780 8.780 8.780 8.528 8.780 7.864 ---------- ------ ====== ------|------ ------ ====== ------|------ ------ See ERROR and OMISSION