Professional Documents
Culture Documents
ANTM
ANEKA TAMBANG (PERSERO) TBK.
Company Profile
ANTAMisaverticallyintegrated,exportoriented,diversifiedminingandmetalscompany.
With operations spread throughout the mineralrich Indonesian archipelago, ANTAM
undertakesallactivitiesfromexploration,excavation,processingthroughtomarketingof
nickelore,ferronickel,gold,silver,bauxiteandcoal.Thecompanyhaslongtermloyalblue
chip customers in Europe and Asia. Due to the vastness of the company's licensed
explorationareasaswellasitsknownlargeholdingsofhighqualityreservesandresources,
ANTAMhasformedseveraljointventureswithinternationalpartnerstoprofitablydevelop
geologicalorebodiesintoprofitablemines.
ANTAM's objectives are centered on increasing shareholder value. The company's main
objective is to enhance shareholder value by lowering costs while profitably expanding
operationsinasustainablemanner.ThestrategymaintainsfocusonANTAM'scorebusiness
of nickel, gold and bauxite with a view to maximizing output in order to increase cash
generationandlowerunitcosts.ANTAMplanstosustaingrowththroughreliableexpansion
projects,strategicalliances,increasingqualityreservesandaddingvaluebymovingaway
from selling raw materials and increasing processing activities. ANTAM will also maintain
financial strength. By generating as much cash as possible ANTAM ensures it will have
sufficientfundstorepaydebts,financecontinuedgrowthandpaydividends.Loweringcosts
meansoperatingmoreefficientlyandproductively,aswellasincreasingcapacitytobenefit
fromeconomiesofscale.
2015wasachallengingyearfortheglobalminingindustryduelowercommoditypricesasa
result of the slowdown in global economy condition. Despite these challenges, in 2015
ANTAMsoperationalperformanceremainedpositive.ANTAMwasfocusingoninnovation
and efficiency in its line of businesses. ANTAM also strived to create and implement its
winningstrategytocapturethegrowthpotentialdespitechallengingtimes.ANTAMsefforts
to ensure the successful delivery of its commitment will determine the companys
sustainability.Throughtheseefforts,ANTAMremainedoptimisticofitsfuture.
February 2016
Disclaimer:
The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the
publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the
publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or
otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
18
As of 29 January 2016
Main Board
Industry Sector : Mining (2)
Industry Sub Sector : Metal And Mineral Mining (23)
Individual Index
:
Listed Shares
:
Market Capitalization :
216.918
24,030,764,725
7,906,121,594,525
COMPANY HISTORY
Established Date
: 05-Jul-1968
Listing Date
: 27-Nov-1997
Under Writer IPO :
PT Danareksa Sekuritas
PT Bahana Securities
PT Pentasena Arthasentosa
Securities Administration Bureau :
PT Datindo Entrycom
Wisma Sudirman - Puri Datindo
Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220
Phone : (021) 570-9009
Fax
: (021) 570-9026
BOARD OF COMMISSIONERS
1. Fachrul Razi
2. Bambang Gatot Ariyono
3. Hikmahanto Juawana *)
4. Laode M. Kamaluddin *)
5. Robert A. Simanjuntak
6. Zaelani
*) Independent Commissioners
BOARD OF DIRECTORS
1. Tedy Badrujaman
2. Agus Zamzam Jamaludin
3. Dimas Wikan Pramudhito
4. Hari Widjajanto
5. I Made Surata
6. Johan N.B Nababan
AUDIT COMMITTEE
1. Laode M. Kamaluddin
2. Musyid Amal
3. Rukmana Nugraha Adhi
4. Zaelani
CORPORATE SECRETARY
Tri Hartono
HEAD OFFICE
Aneka Tambang Building
Jln. Letjen TB. Simatupang No. 1
Jakarta 12530
15,620,000,000 :
8,410,764,725 :
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1997
1997
1998
1998
1999
2000
2000
2001
2001
2001
2002
2003
2004
2005
2005
2006
2007
2008
2009
2010
2011
2012
2013
Shares
Dividend
11.00
11.59
50.00
53.87
79.19
80.00
75.66
100 : 55
47.10
46.77
34.42
38.60
19.60
128.48
150.05
325.58
215.23
57.47
25.38
70.71
90.99
47.09
9.67
Cum Date
29-Jun-98
01-Oct-98
29-Jun-99
04-Oct-99
05-Jun-00
23-Jul-01
23-Oct-01
10-Jul-02
05-Aug-02
28-Oct-02
17-Jul-03
18-Jun-04
23-Dec-04
20-Jun-05
22-Jun-06
21-Jun-07
17-Jul-08
17-Jun-09
28-Jun-10
06-Jul-11
27-Jun-12
29-May-13
29-Apr-14
Ex Date
30-Jun-98
02-Oct-98
30-Jun-99
05-Oct-99
06-Jun-00
24-Jul-01
24-Oct-01
11-Jul-02
06-Aug-02
29-Oct-02
18-Jul-03
21-Jun-04
27-Dec-04
21-Jun-05
23-Jun-06
22-Jun-07
18-Jul-08
18-Jun-09
29-Jun-10
07-Jul-11
28-Jun-12
30-May-13
30-Apr-14
Recording
Date
09-Jul-98
12-Oct-98
08-Jul-99
13-Oct-99
14-Jun-00
27-Jul-01
29-Oct-01
17-Jul-02
09-Aug-02
01-Nov-02
21-Jul-03
23-Jun-04
29-Dec-04
23-Jun-05
27-Jun-06
26-Jun-07
22-Jul-08
22-Jun-09
01-Jul-10
11-Jul-11
02-Jul-12
03-Jun-13
05-May-14
65.00%
35.00%
Payment
Date
06-Aug-98
09-Nov-98
06-Aug-99
10-Nov-99
28-Jun-00
10-Aug-01
12-Nov-01
30-Jul-02
23-Aug-02
15-Nov-02
05-Aug-03
30-Jun-04
10-Jan-05
30-Jun-05
11-Jul-06
06-Jul-07
01-Aug-08
03-Jul-09
15-Jul-10
25-Jul-11
16-Jul-12
18-Jun-13
20-May-14
F
F
F
F
F
F
F
B
F
F
F
F
I
F
F
F
F
F
F
F
F
F
ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Type of Listing
Negara RI (Seri A)
First Issue
Company Listing
Bonus Shares
Stock Split
Right Issue I
Right Issue I
Right Issue I
Right Issue I
Right Issue I
Shares
1
430,769,000
799,999,999
676,922,950
7,630,767,800
9,770,941,207
1,419,898,697
1,738,706,667
1,144,096,939
418,661,465
Listing
Date
27-Nov-97
27-Nov-97
27-Nov-97
30-Jul-02
12-Jul-07
27-Oct-15
28-Oct-15
30-Oct-15
02-Nov-15
03-Nov-15
Trading
Date
16-Jun-10
27-Nov-97
31-Jul-98
30-Jul-02
12-Jul-07
27-Oct-15
28-Oct-15
30-Oct-15
02-Nov-15
03-Nov-15
F/I
: www.antam.com
: corsec@antam.com
19
Volume
(Mill. Sh)
2,400
800
2,100
700
1,800
600
1,500
500
1,200
400
900
300
600
200
300
100
Jan-12
Jan-13
Jan-14
Jan-15
Jan-16
79.2%
60%
30%
-30%
-60%
-65.2%
-83.0%
-90%
-120%
Jan 12
Jan 13
Jan 14
Jan 15
Jan 16
SHARES TRADED
2012
2013
2014
3,820
5,415
263
246
4,137
5,465
282
244
6,313
7,046
381
242
12,009
5,387
515
244
2,411
759
63
20
Price (Rupiah)
High
Low
Close
Close*
2,025
1,120
1,280
1,075
1,620
930
1,090
916
1,290
920
1,065
895
1,135
285
314
314
335
292
329
329
25.36
20.76
0.81
-13.51
3.23
0.84
-5.45
5.06
0.56
-5.71
5.67
0.59
Freq.
Volume
Value
Month
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
High
1,900
2,025
1,950
1,880
1,740
1,420
1,430
1,310
1,430
1,380
1,310
1,310
Low
1,610
1,850
1,760
1,690
1,130
1,120
1,250
1,200
1,220
1,260
1,220
1,220
Close
1,880
1,960
1,800
1,720
1,150
1,340
1,280
1,240
1,350
1,280
1,240
1,280
(X)
21,460
19,018
18,690
20,048
36,598
44,270
19,719
13,345
25,003
18,561
12,016
14,100
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
1,450
1,410
1,410
1,460
1,390
1,280
1,320
1,420
1,540
1,620
1,610
1,300
1,280
1,260
1,270
1,340
1,260
960
930
1,160
1,290
1,410
1,250
990
1,360
1,290
1,370
1,380
1,280
1,000
1,160
1,330
1,420
1,600
1,260
1,090
22,216
21,263
21,935
29,241
12,742
19,890
35,090
28,844
26,297
19,048
20,019
25,778
334,911
276,248
369,713
379,964
163,731
222,828
484,551
459,193
466,526
291,081
304,490
383,286
459,571
370,664
498,521
531,390
219,021
239,560
558,097
604,265
670,454
444,388
419,207
449,913
21
20
19
22
22
19
23
17
21
21
20
19
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
1,110
1,080
1,190
1,265
1,290
1,210
1,270
1,275
1,225
1,110
1,010
1,120
950
995
1,025
1,065
1,140
1,070
1,085
1,185
1,070
925
920
945
1,030
1,040
1,135
1,175
1,200
1,090
1,270
1,195
1,110
970
980
1,065
43,472
34,919
53,411
38,135
37,606
20,978
24,346
21,286
25,680
35,500
20,237
25,530
652,147
573,538
1,188,495
798,966
849,434
284,324
403,327
316,265
282,688
400,479
247,078
315,920
670,288
597,164
1,334,140
930,016
1,038,684
330,285
476,916
391,847
327,543
390,151
237,171
321,526
20
20
20
20
18
21
18
20
22
23
20
20
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
1,135
1,080
1,020
925
840
780
685
655
540
540
380
337
1,015
990
850
790
760
675
475
450
465
372
306
285
1,065
27,277
1,005
15,857
865
18,637
795
13,826
760
14,217
680
14,582
475
16,768
500
46,189
486
34,277
378 131,861
315 131,304
314
50,579
358,666
198,657
173,597
119,720
142,077
105,278
144,244
739,580
416,378
3,888,004
4,300,732
1,421,659
386,504
206,880
176,292
111,098
114,866
77,529
131,865
428,743
208,489
1,600,412
1,499,127
445,595
21
19
22
21
19
21
19
20
21
21
21
19
335
292
2,410,865
759,355
20
Jan-16
4.08
PER (X)
8.49
PER Industry (X)
0.95
PBV (X)
* Adjusted price after corporate action
20
2015 Jan-16
Closing Price
Day
TRADING ACTIVITIES
329
62,777
21
21
21
20
21
21
22
19
20
22
20
18
Public Accountant : Tanudiredja, Wibisana, Rintis & Rekan (Member of PricewaterhouseCoopers Global Network)
Dec-11
Dec-12
Dec-13
Dec-14
Dec-15
5,639,679
3,868,575
2,792,738
2,618,910
8,086,634
Receivables
1,347,420
1,846,918
1,189,692
1,098,938
578,145
Inventories
1,687,897
1,449,968
2,445,934
1,761,888
1,752,585
Current Assets
9,108,020
7,646,851
7,080,437
6,343,110 11,252,827
Fixed Assets
2,980,743
4,663,449
6,700,156
8,699,660 12,267,804
34,688
61,874
72,239
BALANCE SHEET
Other Assets
Total Assets
Assets
88,724
81,249
Growth (%)
21,000
14,000
0.82%
37.71%
7,000
-
855,830
3,041,406
3,855,512
3,862,917
4,339,330
3,834,819
5,216,118
6,251,724
7,700,802
Total Liabilities
4,429,192
6,876,225
55.25%
31.93%
11.50%
19.04%
3,800,000
3,800,000
3,800,000
3,800,000
3,800,000
953,846
953,846
953,846
953,846
2,403,076
9,538
9,538
9,538
9,538
24,031
100
100
100
100
100
9,593,048
Growth (%)
28,000
10.94%
3,573,362
Liabilities
35,000
29.65%
Current Liabilities
2011
2012
2013
2014
Dec-15
Growth (%)
19.13%
-0.30%
-6.75%
53.54%
Dec-12
Dec-13
Dec-14
Dec-15
18,317
16,242
12,832
12,793
2012
2013
13,490
10,772
11,930
10,738
7,986
5,234
INCOME STATEMENTS
Total Revenues
Dec-11
Growth (%)
1.00%
8.12%
9,420,631 10,531,505
-16.62%
11.79%
Cost of Revenues
7,318,735
8,427,158
9,682,521
Gross Profit
3,027,698
2,022,728
1,615,801
776,495
195,141
Expenses (Income)
1,014,820
1,126,864
1,194,769
955,900
896,579
Operating Profit
2,012,878
895,864
421,032
-179,405
-701,439
-55.49%
-53.00%
N/A
-290.98%
555,903
2,999,631
-553,962
-653,730
-967,335
2,568,781
3,895,495
-132,930
-833,135
-1,668,774
640,889
902,379
-542,878
-57,849
-227,921
1,927,892
2,993,116
409,947
-775,286
-1,440,853
55.25%
-86.30%
N/A
-85.85%
Growth (%)
2,482
-270
2011
2014
Dec-15
8,644,136 10,336,364
TOTAL REVENUES (Bill. Rp)
11,298
10,346
10,450
2011
2012
11,298
10,532
9,421
8,993
Growth (%)
6,689
4,384
2,079
Period Attributable
1,927,890
2,993,115
409,944
-775,287
-1,440,852
Comprehensive Income
1,924,739
2,989,025
410,139
-775,179
912,556
Comprehensive Attributable
1,924,737
2,989,024
410,135
-775,180
912,557
RATIOS
Dec-11
Dec-12
Dec-13
Dec-14
Dec-15
1,064.23
251.42
183.64
164.21
259.32
90.99
47.09
9.67
Dividend (Rp)
EPS (Rp)
BV (Rp)
202.12
313.79
42.98
-81.28
-59.96
1,129.33
1,345.32
1,341.25
1,250.68
762.22
DAR (X)
0.29
0.35
0.41
0.46
DER(X)
0.41
0.54
0.71
0.85
0.66
ROA (%)
12.68
15.19
1.87
-3.52
-4.75
ROE (%)
17.90
23.32
3.20
-6.50
-7.87
GPM (%)
29.26
19.36
14.30
8.24
1.85
OPM (%)
19.45
8.57
3.73
-1.90
-6.66
NPM (%)
18.63
28.64
3.63
-8.23
-13.68
45.02
15.01
22.50
5.62
3.68
0.89
Yield (%)
0.40
-226
2013
2014
Dec-15
1,928
1,783
977
410
2014
Dec-15
170
-636
2011
2012
2013
-775
-1,442
-1,441
21