PT Astra International Tbk.

Head Office

Business
Company Status

AMDI Building
Jl. Raya Motor Raya No. 8
Sunter II, Jakarta 14330
Phone (021) 652-2555, 6530-4956
Fax (021) 6530-4957, 651-2058/9
Website: www.astra.co.id
Automotive, Finance, Heavy Equipment,
Agribusiness, Information Technology and
Infrastructure
Limited Liability Company

Financial Performance: In 2010, the Company booked net

income amounted IDR 14.366 trillion, soaring from IDR 10.04
trillion recorded last year.
Brief History: PT Astra International Tbk (Astra or
Company) was founded in 1957 as a general trading company
based in Jakarta, Indonesia and was initially involved in agricultural trade. Astra is now one of the largest conglomeration
business group in Indonesia. It diversified into the manufacture
and distribution of automobiles, heavy equipment and components in the late 1960s. It currently has six business divisions:
Automotive, Financial Services, Heavy Equipment, Agribusiness,
Information Technology, and Infrastructure. In addition to being a holding company, through its own operations and those
of its Subsidiaries and Associates, Astra is an integrated automotive business with operations ranging from automotive and
component manufacturing, distribution and after-sales services
through out the country, car rental, used car sales, consumer
finance for automotive products, insurance and infrastructure.
The Company has partnerships with some international automotive entities such as Toyota, Honda, Daihatsu, Isuzu, BMW,
Peugeot and Nissan Diesel. Astra adds value to the joint ventures it participates in by supplying valuable local marketing and
product development advice as well as extensive experience in
distribution. Over the course of its development, the Company
has formed strategic alliances with reputable international corporations in its efforts to expand business opportunities such as
Komatsu (heavy equipment), Fuji-Xerox (document solution),
General Electric (financial services) and CMG (life
insurance). As a public company, Astra implements corporate governance practices in carrying out its business. The
Company gives a priority in social care activities in the areas
of education, welfare, health and small and medium enterprises
development and it also actively supports community development. The Company became a publicly listed company on 4th
April, 1990, when it listed its shares on the JSX and the SSX.
Astra has a diversified shareholder base which includes foreign
shareholders with substantial shareholdings.

Automotive and Allied Products

Summary of Financial Statement
(Million Rupiah)
2008
2009
2010
Total Assets
Current Assets
of which
Cash and cash equivalents
Trade receivables
Inventories
Non-Current Assets
of which
Fixed Assets-Net
Financing Receivables
Investments
Other Assets
Liabilities
Current Liabilities
of which
Short-term debt
Trade payables
Current maturities
of long term-debt
Non-Current Liabilities
Minority Interests in Subsidiaries
Shareholders' Equity
Share capital
Paid-up capital
Revaluation of fixed assets
Retained earnings (accumulated loss)
Net Sales and Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Equity Income
Profit (Loss) before Taxes
Income Tax
Minority Interest
Net Profit
Per Share Data (Rp)
Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price
Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)
Current Ratio (x)
Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROA (%)
ROE (%)

380

50.11%
0.02%
0.02%
49.85%

88,938,000 112,857,000
36,742,000
46,843,000

8,785,000
6,167,000
8,666,000
45,209,000

8,732,000
7,579,000
7,282,000
52,196,000

7,005,000
9,391,000
10,842,000
66,014,000

18,742,000
9,691,000
12,311,000
704,000

20,761,000
10,992,000
14,140,000
455,000

24,363,000
14,950,000
18,502,000
612,000

40,163,000
26,883,000

40,006,000
26,760,000

54,168,000
37,124,000

5,185,000
6,815,000

2,430,000
7,278,000

4,689,000
9,275,000

7,794,000
13,280,000
7,497,000

8,824,000
13,246,000
9,038,000

13,114,000
17,044,000
9,379,000

33,080,000
2,024,000

39,894,000
2,024,000

49,310,000
2,024,000

1,106,000
n.a
29,950,000

1,106,000
n.a
36,764,000

1,106,000
n.a
46,180,000

97,064,000
75,334,000
21,730,000
9,854,000
11,876,000
1,083,000
2,404,000
15,363,000
2,404,000
2,107,000
9,191,000

98,526,000 129,991,000
75,755,000 103,117,000
22,771,000
26,874,000
10,015,000
12,149,000
12,756,000
14,725,000
1,079,000
1,410,000
2,567,000
4,896,000
16,402,000
21,031,000
2,567,000
4,896,000
2,404,000
2,638,000
10,040,000
14,366,000

2,271
8,172
n.a
10,550

2,480
9,855
n.a
34,700

3,549
12,181
600
54,550

4.65
1.29
n.a
n.a

13.99
3.52
n.a
n.a

15.37
4.48
16.91
1.10

1.37
1.00
0.45
0.23
0.13
0.10
10.40
1.11
11.29
25.17

1.26
1.10
0.48
0.21
0.11
0.11
9.51
1.15
12.73
29.13

1.32
1.21
0.50
0.22
0.12
0.09
8.69
1.20
11.38
27.78

PER = 14.90x ; PBV = 3.84x (June 2011)

Financial Year: December 31
Independent Auditor: KAP Haryanto Sahari & Co.(2009);
Tanudiredja, Wibisana & Co. (2010)

(million rupiah)

Total Assets

Shareholders
Jardine Cycle & Carriage Ltd.
Budi Setiadharma
Anthony John Liddell Nightingale
Public

80,740,000
35,531,000

2011

2010

136,155,000

104,545,000

Current Assets

59,994,000

45,510,000

Non-Current Assets

76,161,000

59,035,000

Liabilities

69,122,000

52,061,000

Shareholders' Equity

67,033,000

43,114,000

Net Sales

76,264,000

61,507,000

Profit after Taxes

10,084,000

7,627,000

ROI (%)
ROE (%)

7.41

7.30

15.04

17.69

In June

Indonesian Capital Market Directory 2011

PT Astra International Tbk.

Automotive and Allied Products

Board of Commissioners
President Commissioner Budi Setiadharma
Commissioners Djunaedi Hadisumarto, Soemadi Djoko Moerdjono Brotoningrat,
M. Chatib Basri, Jonathan Chang, Mark Spencer Greenberg,
Benjamin Williem Keswick, Anthony John Liddell Nightingale,
Akira Okabe, Chiew Sin Cheok, Erry Firmansyah
No

Type of Listing

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

First Issue
Partial Listing
Company Listing
Cooperative
Right Issue
Bonus Shares
Convertible Bonds
Stock Split
Right Conversion
Right Conversion
Option Conversion
Right Conversion
Option Conversion
Right Conversion
Option Conversion
Right Conversion
Option Conversion
Right Issue
Option Conversion
Right Conversion

Board of Directors
President Director Prijono Sugiarto
Directors Gunawan Geniusahardja, Sudirman Maman Rusdi,
Johnny Darmawan Danusasmita, Djoko Pranoto, Johannes Loman,
Simon Collier Dixon, Widya Wiryawan, Angky Tisnadisastra
Number of Employees 101,313

Listing Date

Trading Date

Number of Shares
per Listing

04-Apr-90
04-Apr-90
18-Dec-91
18-Dec-91
03-Jan-94
08-Sep-94
1997
01-Sep-97
1999
2000
2000
2001
2001
2002
2002
2003
2003
2003
2004
2004

04-Apr-90
04-Oct-90
02-Jan-92
31-Dec-99
24-Jan-94
08-Sep-94
1997
01-Sep-97
1999
2000
2000
2001
2001
2002
2002
2003
2003
2003
2004
2004

30,000,000
24,805,000
184,893,000
2,500,000
48,439,600
871,912,800
280,837
1,162,831,237
146,793,682
27,826,740
6,359,500
24,637,387
6,900,000
26,798,627
43,110,500
16,552,875
5,954,500
1,404,780,175
2,429,500
10,549,354

Total Listed
Shares
30,000,000
54,805,000
239,698,000
242,198,000
290,637,600
1,162,550,400
1,162,831,237
2,325,662,474
2,472,456,156
2,500,282,896
2,506,642,396
2,531,279,783
2,538,179,783
2,564,978,410
2,608,088,910
2,624,641,785
2,630,596,285
4,035,376,460
4,037,805,960
4,048,355,314

Underwriter PT (Persero) Danareksa (IPO)

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Stock Price (Rp)

Million Shares

70,000

25

60,000
20
50,000
15

40,000
30,000

10

20,000
5
10,000
-

Jan-10 Feb-10Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11

Institute for Economic and Financial Research

381