COMPANY UPDATE – 31 MARET 2014
PT BI SI I nternational Tbk
C O M PA N Y
U PDAT E
3 Months 2014 Results
Financial Highlight s (in million IDR)
Investor Relations:
STATEMENTS OF FINANCIAL POSITION
Cash on hand and in banks
Trade receivables (Third parties)
Phone (62 21) 6927068;
Trade receivables (Related parties)
Inventories
Faximile (62 21) 6925263
Other component of current assets
invest or. rel at ions@bisi. co. id
Total Current Assets
Property, plant & equipment
Other component of non-current assets
Total Non-current Assets
Sales Volume 3Mo 2014
Total Assets
Short-term bank loans
Product
Amount
Growth
Avg Sales Price
Corn Seed (kg)
1,321,724
-10.54%
IDR41,715 Trade payable (Third parties)
Vegetable Seed (kg)
222,553
9.91%
IDR268,469 Trade payable (Related parties)
Rice Seed (kg)
11,147
-33.17%
IDR18,916 Current portion of long-term debts
Agrochemicals (kg)
2,702,505
13.70%
IDR50,264 Other component of current liabilities
Total Current Liabilities
Fertilizers (kg)
367,688
25.88%
IDR16,098
Long-term debts
Other component of non-current liabilities
Sales and COGS Breakdown 3Mo 2014
Total Non-current Liabilities
(in million IDR) Total Liabilities
Product
Sales
Growth % of Sales
COGS Gross Margin Share capital
Corn Seed
55,135
-23.84%
21.43%
30,483
44.71% Additional paid-in capital
Vegetable Seed
59,749
16.01%
23.23%
31,602
47.11% Retained earnings
Rice Seed
211
1.96%
0.08%
554
-162.94% Noncontrolling interests
Agrochemicals
135,839
37.52%
52.81%
109,616
19.30% Total Equity
Fertilizers
5,919
46.48%
2.30%
3,915
33.86%
STATEMENTS OF COMPREHENSIVE INCOME
Others
375
-31.43%
0.15%
407
-8.24%
Net Sales
Total
257,228
13.08%
100.00%
176,577
31.35% Cost of Goods Sold
Jl. Ancol VIII/ 1, Jakart a 14430, Indonesia
Ot her Numbers
OTHER NUMBERS
EBITDA
Earning Per Share
Gross Profit Margin
Operating Profit Margin
Net Profit Margin
3Mo 2014
40,864
9
31.35%
13.43%
10.97%
3Mo 2013
78,395
18
48.36%
31.73%
23.98%
Gross Profit
Operating Expenses
Income From Operations
Finance income
Finance costs
Income Before Income Tax
Income Tax - Net
Others
Net Income
31/03/2014
96,336
560,434
14,759
710,833
22,790
1,405,152
248,161
61,460
309,621
1,714,773
51,388
6,690
98,451
156,529
54,279
54,279
210,808
300,000
93,695
1,110,119
151
1,503,965
3Mo 2014
257,228
176,577
80,651
46,112
34,539
1,352
35,891
(7,671)
28,220
31/12/2013
130,843
551,993
14,947
693,081
18,167
1,409,031
249,245
54,407
303,652
1,712,683
80,315
2,495
101,802
184,612
52,326
52,326
236,938
300,000
93,695
1,081,907
143
1,475,745
3Mo 2013
227,465
117,454
110,011
37,834
72,177
1,261
(361)
73,077
(18,530)
54,547
This report has been prepared by PT BISI International Tbk and is provided for information purposes only. The document contains certain financial conditions and result of
operation. With all reasonable care has been taken to ensure that information contained herein is not untrue or misleading at the time of publication. This report does not have
regard to the specific person or specific class of persons who may read this report. Forward looking statements, by their nature, involve risk and uncertainty that could cause actual
results and development to differ materially from those expressed or implied in these statements. PT BISI International Tbk do not guarantee that any action, which should have
been taken in reliance on this document will bring specific results as expected.
C O M PA N Y
U PDAT E
3 Months 2014 Results
Financial Highlight s (in million IDR)
Investor Relations:
STATEMENTS OF FINANCIAL POSITION
Cash on hand and in banks
Trade receivables (Third parties)
Phone (62 21) 6927068;
Trade receivables (Related parties)
Inventories
Faximile (62 21) 6925263
Other component of current assets
invest or. rel at ions@bisi. co. id
Total Current Assets
Property, plant & equipment
Other component of non-current assets
Total Non-current Assets
Sales Volume 3Mo 2014
Total Assets
Short-term bank loans
Product
Amount
Growth
Avg Sales Price
Corn Seed (kg)
1,321,724
-10.54%
IDR41,715 Trade payable (Third parties)
Vegetable Seed (kg)
222,553
9.91%
IDR268,469 Trade payable (Related parties)
Rice Seed (kg)
11,147
-33.17%
IDR18,916 Current portion of long-term debts
Agrochemicals (kg)
2,702,505
13.70%
IDR50,264 Other component of current liabilities
Total Current Liabilities
Fertilizers (kg)
367,688
25.88%
IDR16,098
Long-term debts
Other component of non-current liabilities
Sales and COGS Breakdown 3Mo 2014
Total Non-current Liabilities
(in million IDR) Total Liabilities
Product
Sales
Growth % of Sales
COGS Gross Margin Share capital
Corn Seed
55,135
-23.84%
21.43%
30,483
44.71% Additional paid-in capital
Vegetable Seed
59,749
16.01%
23.23%
31,602
47.11% Retained earnings
Rice Seed
211
1.96%
0.08%
554
-162.94% Noncontrolling interests
Agrochemicals
135,839
37.52%
52.81%
109,616
19.30% Total Equity
Fertilizers
5,919
46.48%
2.30%
3,915
33.86%
STATEMENTS OF COMPREHENSIVE INCOME
Others
375
-31.43%
0.15%
407
-8.24%
Net Sales
Total
257,228
13.08%
100.00%
176,577
31.35% Cost of Goods Sold
Jl. Ancol VIII/ 1, Jakart a 14430, Indonesia
Ot her Numbers
OTHER NUMBERS
EBITDA
Earning Per Share
Gross Profit Margin
Operating Profit Margin
Net Profit Margin
3Mo 2014
40,864
9
31.35%
13.43%
10.97%
3Mo 2013
78,395
18
48.36%
31.73%
23.98%
Gross Profit
Operating Expenses
Income From Operations
Finance income
Finance costs
Income Before Income Tax
Income Tax - Net
Others
Net Income
31/03/2014
96,336
560,434
14,759
710,833
22,790
1,405,152
248,161
61,460
309,621
1,714,773
51,388
6,690
98,451
156,529
54,279
54,279
210,808
300,000
93,695
1,110,119
151
1,503,965
3Mo 2014
257,228
176,577
80,651
46,112
34,539
1,352
35,891
(7,671)
28,220
31/12/2013
130,843
551,993
14,947
693,081
18,167
1,409,031
249,245
54,407
303,652
1,712,683
80,315
2,495
101,802
184,612
52,326
52,326
236,938
300,000
93,695
1,081,907
143
1,475,745
3Mo 2013
227,465
117,454
110,011
37,834
72,177
1,261
(361)
73,077
(18,530)
54,547
This report has been prepared by PT BISI International Tbk and is provided for information purposes only. The document contains certain financial conditions and result of
operation. With all reasonable care has been taken to ensure that information contained herein is not untrue or misleading at the time of publication. This report does not have
regard to the specific person or specific class of persons who may read this report. Forward looking statements, by their nature, involve risk and uncertainty that could cause actual
results and development to differ materially from those expressed or implied in these statements. PT BISI International Tbk do not guarantee that any action, which should have
been taken in reliance on this document will bring specific results as expected.