INDF Date : 17-09-09 Financial Performance (in billion Rp) www.investdata.net 2009 2008| 2007| 17-09-09 ....Q2 ....Q1|....Q4 ....Q3 ....Q2 ....Q1|....Q4 ....Q3| ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ Sales 18.218 8.911 38.799 29.902 18.922 8.846 27.858 19.671 COGS 13.356 6.648 29.822 22.609 13.935 6.488 21.281 15.355 Gross Marg 4.862 2.262 8.976 7.292 4.986 2.357 6.576 4.315 GM (%) 26 25 23 24 26 26 23 21 Opr Profit 2.224 1.127| 4.341 3.654 2.503 1.224| 2.894 1.736 OP (%) 12 12 11 12 13 13 10 8 Net Profit 799 110| 1.034 1.136 811 382| 980 683 NP (%) 4 1 2 3 4 4 3 3 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ Stk Price 2.825 1.890 940| 930 1.960 2.400 2.325| 2.575 1.930 Book Value 1.003 1.011| 967 1.069 889 881| 835 741 PBV 2,81 1,88 0,93| 0,96 1,83 2,70 2,64| 3,08 2,60 DER 3,58 3,73| 3,66 3,27 3,41 3,26| 3,14 2,20 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ ROE (%) 18 5| 12 18 21 20| 13 14 ROE (Qtr) 31 5 -4 15 22 20 16 19 ROA (%) 3 1| 2 4 4 4| 3 4 Opr prof/share 253 132| 494 464 293 143| 339 203 EPS 91 12| 117 144 95 44| 114 80 EPS (Qtr) 78 12| -11 41 50 44| 34 37 EPS (Annu) 182 51| 117 192 190 179| 114 106 PER 15,51 10,38 18,15| 7,89 10,18 12,62 12,95| 22,40 18,07 PER (Qtr) 8,99 6,02 18,15|-20,06 11,86 11,95 12,95| 18,48 13,02 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ COP (year) 5,57 3,73 1,78 1,88 3,16 4,09 4,05 7,59 7,11 CLOP(year) 12,66 10,81 8,92 9,04 8,80 9,25 9,06 15,33 13,12 CLOP(Qtr) 12,83 10,96 8,92 14,29 9,32 9,05 9,06 9,58 10,22 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ Sales Growth(%) -3 0 39 52 Op.Prof Growth(%) -11 -7 49 110 Net.Prof/EPS Grow -1 -71 5 66 PEG (<1) -7,35 -0,26| 1,43 0,15 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ Sales(Qtr) 9.307 8.911 8.897 10.979 10.076 8.846 8.187 7.369 COGS (Qtr) 6.707 6.648 7.212 8.673 7.447 6.488 5.926 5.634 Gross Marg(Qtr) 2.599 2.262 1.684 2.306 2.629 2.357 2.261 1.735 GM (%) 27 25 18 21 26 26 27 23 OP.PR (Qtr) 1.097 1.127 686 1.150 1.279 1.224 1.157 742 OP % 11 12 7 10 12 13 14 10 NET.PR (Qtr) 689 110 -101 324 428 382 297 316 NP % 7 1 -1 2 4 4 3 4 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ Asset 40.327 40.832|39.594 35.875 33.452 32.059|29.527 20.244 Liability 31.513 32.205|31.095 27.467 25.865 24.540|22.400 13.917 Equity 8.814 8.626| 8.498 8.408 7.587 7.519| 7.126 6.326 Capitalis. 24.804 16.595 8.016| 8.165 15.415 20.468 19.828|21.961 16.460 Share(mil) 8.780 8.528 8.780 7.864 8.528 8.528 8.528 8.528 ---------- ------ ====== ------ ------ ------ ====== ------ ------ ------ See ERROR and OMISSION