22
Additional Factors
W ritten-off Loans
W ritten-off Loans
Aggregate of ID R 22.93 tn US 2.53 bn in written-off loans as of end- March 2006, with significant recoveries on-going:
¾
2001: ID R 2.0 tn
¾
2002: ID R 1.1 tn
¾
2003: ID R 1.2 tn
¾
2004: ID R 1.08 tn
¾
2005: ID R 0.818 tn US 83.2 mn
¾
Q 1 ’06: ID R 0.204 tn US 22.5 mn
Loan Collateral
Undervalued Loan
Collateral Undervalued
Collateral values included for provisioning purposes on only 133 accounts. This will rise as current valuations are completed
23
Corporate Actions
D ividend Payment
D ividend Payment
D ividend Payment of Rp14.853 per share
Schedule : a. Cum D ate
: June 14, 2006 b. Ex D ate
: June 15, 2006 c. Payment D ate
: June 30, 2006
Total D ividend payments for 2005 = Rp301,684,655,575.70
24
Annual General Meeting Results
1. Approved Annual Report of the Company for the Financial Year Ending on 31 D ec ’05 and ratified
Consolidated Financial Report of the Company for the Financial Year Ending on 31 D ec ’05.
2. Approved Annual Report of the Partnership and Environment Construction Program for the Financial
Year Ending on 31 D ec ’05.
3. Gave full release and discharge volledig acquit et de charge to the Board of D irectors and Board of
Commissioners for their management and supervision during the Financial Year Ending 31 D ec ’05.
1. Approved and determined the use of the net profit of the company for the Financial Year of 2005, in
amount of Rp603,369,311,151.39.
1. To appoint the Public Accountant O ffice Purwantono, Sarwoko Sandjaya – Ernst Young as the
Public Accountant O ffice to audit the Consolidated Financial Report of the Company for the Financial Year Ending 31 D ec ’06.
2. To Appoint the Financial and D evelopment Supervisory Board of the Province of D KI Jakarta II BPKP
Provinsi D KI Jakarta II to audit the Annual Report of Partnership and Environment Construction Program for the Financial Year Ending on 31 D ec ’06.
Agenda 1 Agenda 1
Agenda 2 Agenda 2
Agenda 3 Agenda 3
25 1.
Approved that Salary of the members of The Board of D irectors and the members of the Board of Commissioners shall not increase, therefore the amount of such salary and honorarium remains the
same as the amount of salary and honorarium as determined in the Annual General Meeting of shareholders held on 16 May ’05.
2. Approved that Facilities and Benefits of the members of the Board of D irectors and the members of
the Board of Commissioners is determined pursuant to the resolution of the Annual General Meeting of Shareholders held on 14 Jun ’02 and Letter of The Ministry of The State-owned
Enterprise N o. S-412MBU2004, dated 10 August ’04.
3. Approved that Post-service benefits of the members of the Board of D irectors and the members of
