ss.CIMB7thAnnualIndonesiaConference2013
CIMB 7th Indonesia Corporate Day 2013
Intercontinental Bali Resort
Bali, 4-5 July 2013
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• January 2012 :
Establishment of PT Tokyo Radiator Selamat Sempurna,
Ownership : 33% (Rp. 5.676.000.000,-)
• May 2012 :
Acquisition of PT Hydraxle Perkasa , Ownership : 49% (Rp. 113.132.316.000,-)
• August 2012 :
Increament ownership in PT Hydraxle Perkasa from 49% to 51%,
From Rp 113.132.316.000 ,- to Rp.122.552.316.000,- (increase Rp 9,42 Bio)
• November 2012 :
Additional Paid in Capital in PT Posco IJPC : 2.324.696 shares (US$ 2.324.696 equal to
Rp. 23.177.219.120)
From 1.878.258 shares (USD 1.878.258 equal Rp 18.726.232.260) to 4.202.954 shares
(US$ 4.202.954 equal to Rp. 41.903.451.380)
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Compare Q to Y
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2012 *
Net Sales
Gross Profit
Net Income attributable to :
Equity holders of the Parent Company
Non-controlling Interest
473
124
517
127
473
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2,164
547
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6
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9
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Total Assets
Total Current Assets
Total Current Liabilities
Total Liabilities
Equity attributable to :
Equity holders of the Parent Company
Non-controlling Interest
Earnings per Share
1,388
850
365
527
1,344
821
290
499
1,388
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527
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899
463
621
696
165
36
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129
37
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175
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Net Sales Growth
Total Asset Growth
Equity Growth **)
Gross Profit Margin
Net Income Margin **)
Return on Assets
Return on Equity **)
Total Debt / Total Assets
Total Debt / Equity
Current Ratio
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3%
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26%
11%
4%
7%
38%
61%
233%
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7%
37%
59%
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Compare Q to Y
1Q'13
2012*
-4%
8%
26%
11%
4%
7%
38%
61%
233%
25%
11%
19%
36%
43%
76%
194%
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Sales (Rp)
Market
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1Q-2012
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Export
301
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294
57%
Local
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36%
223
43%
Total
473
100%
517
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Product
Sales (Rp)
1Q-2013
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1Q-2012
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Filter
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355
69%
Radiator
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19%
87
17%
Karoseri
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94
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Other
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Jan 2013 :
Additional Paid in Capital in TRSS: 5.445 shares (Rp. 5.445.000.000) From 5.676 shares
(Rp 5.676.000.0000) to 11.121 shares (Rp. 11.121.000.000)
June 2013 :
On Friday, June 28, 2013, SMSM has signed a Share Purchase Agreements with PT
Adrindo Intisarana ("AIS") and Eddy Hartono ("EH") related to Transaction of Share
Purchase owned by AIS and EH in PT Prapat Tunggal Cipta ("PTC") and PT Selamat
Sempana Perkasa ("SSP"). Total value of the transaction, amounting Rp.95.545.999.798
or Rp.101 per share
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Description
Net Sales
Gross Profit
Net Income attributable to :
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Non-controlling Interest
Gross Profit Margin
Net Income Margin
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Before Transaction
After Transaction
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2,270
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251
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26.43%
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: PT PANATA JAYA MANDIRI
: PT HYDRAXLE PERKASA
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: PT TOKYO RADIATOR SELAMAT SEMPURNA
: PT POSCO INDONESIA JAKARTA PROCESSING CENTER
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1Q’13 (U)
1Q’12 (U)
2012 (A)
2011 (A)
2010 (A)
Net Sales
101
110
450
509
441
Gross Profit
23
26
106
116
91
Income From Operations
18
20
81
84
66
Net Income
14
15
62
61
48
Current Asset
194
209
181
200
163
Total Asset
269
290
260
281
242
Current Liabilities
37
46
43
53
72
Total Liabilities
49
58
54
65
81
Total Equity
220
231
206
216
161
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• May 2012 :
Acquisition of PT Hydraxle Perkasa , Ownership : 49% (Rp. 113.132.316.000,-)
• August 2012 :
Increament ownership in PT Hydraxle Perkasa from 49% to 51%,
From Rp 113.132.316.000 ,- to Rp.122.552.316.000,- (increase Rp 9,42 Bio)
• November 2012 :
Additional Paid in Capital in PT Posco IJPC : 2.324.696 shares (US$ 2.324.696 equal to
Rp. 23.177.219.120)
From 1.878.258 shares (USD 1.878.258 equal Rp 18.726.232.260) to 4.202.954 shares
(US$ 4.202.954 equal to Rp. 41.903.451.380)
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Compare Q to Q
1Q'13
1Q'12*
Compare Q to Y
1Q'13
2012 *
Net Sales
Gross Profit
Net Income attributable to :
Equity holders of the Parent Company
Non-controlling Interest
473
124
517
127
473
124
2,164
547
51
6
53
9
51
6
233
35
Total Assets
Total Current Assets
Total Current Liabilities
Total Liabilities
Equity attributable to :
Equity holders of the Parent Company
Non-controlling Interest
Earnings per Share
1,388
850
365
527
1,344
821
290
499
1,388
850
365
527
1,441
899
463
621
696
165
36
716
129
37
696
165
36
645
175
162
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Compare Q to Q
1Q'13
1Q'12*
Net Sales Growth
Total Asset Growth
Equity Growth **)
Gross Profit Margin
Net Income Margin **)
Return on Assets
Return on Equity **)
Total Debt / Total Assets
Total Debt / Equity
Current Ratio
#
##
*
-9%
3%
-3%
26%
11%
4%
7%
38%
61%
233%
&&
&
&
25%
10%
5%
7%
37%
59%
284%
+
Compare Q to Y
1Q'13
2012*
-4%
8%
26%
11%
4%
7%
38%
61%
233%
25%
11%
19%
36%
43%
76%
194%
-
%?1 '%
Sales (Rp)
Market
1Q-2013
%
1Q-2012
%
Export
301
64%
294
57%
Local
172
36%
223
43%
Total
473
100%
517
100%
Product
Sales (Rp)
1Q-2013
%
1Q-2012
%
Filter
354
75%
355
69%
Radiator
91
19%
87
17%
Karoseri
44
9%
94
18%
Other
29
6%
27
5%
(45)
(9%)
(46)
(9%)
473
100%
517
100%
(Eliminasi)
Total
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Jan 2013 :
Additional Paid in Capital in TRSS: 5.445 shares (Rp. 5.445.000.000) From 5.676 shares
(Rp 5.676.000.0000) to 11.121 shares (Rp. 11.121.000.000)
June 2013 :
On Friday, June 28, 2013, SMSM has signed a Share Purchase Agreements with PT
Adrindo Intisarana ("AIS") and Eddy Hartono ("EH") related to Transaction of Share
Purchase owned by AIS and EH in PT Prapat Tunggal Cipta ("PTC") and PT Selamat
Sempana Perkasa ("SSP"). Total value of the transaction, amounting Rp.95.545.999.798
or Rp.101 per share
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Description
Net Sales
Gross Profit
Net Income attributable to :
Equity holders of the Parent Company
Non-controlling Interest
Gross Profit Margin
Net Income Margin
!
Before Transaction
After Transaction
2,164
547
2,270
600
233
35
251
35
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10.78%
26.43%
11.05%
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1Q’13 (U)
1Q’12 (U)
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2011 (A)
2010 (A)
Net Sales
101
110
450
509
441
Gross Profit
23
26
106
116
91
Income From Operations
18
20
81
84
66
Net Income
14
15
62
61
48
Current Asset
194
209
181
200
163
Total Asset
269
290
260
281
242
Current Liabilities
37
46
43
53
72
Total Liabilities
49
58
54
65
81
Total Equity
220
231
206
216
161
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