AR 2011 full compress
CONTENTS
Daftar Isi
VISION & MISSION
Visi & Misi
002
FINANCIAL HIGHLIGHTS
Ikhtisar Keuangan
003
CAPITAL MOVEMENT
Pergerakan Modal
004
SHARE PRICE INFORMATION
Informasi Harga Saham
005
PERFORMANCE GRAPHS
Grafik Kinerja Keuangan
006
INDOFOOD AT A GLANCE
Sekilas Indofood
008
BRIEF HISTORY OF THE COMPANY
Riwayat Singkat Perseroan
010
SHAREHOLDING STRUCTURE
Struktur Pemegang Saham
012
MANAGEMENT STRUCTURE
Struktur Manajemen
013
BUSINESS STRUCTURE
Struktur Bisnis
014
DIVERSIFIED PORTFOLIO
Aneka Ragam Portofolio
015
OUR BRANDS
Merek–Merek Kami
016
ACCOLADES & CERTIFICATIONS
Penghargaan & Sertifikasi
017
MESSAGE FROM THE
PRESIDENT COMMISSIONER
Sambutan Komisaris Utama
020
REPORT OF THE PRESIDENT DIRECTOR
Laporan Direktur Utama
022
025
MANAGEMENT’S ANALYSIS & DISCUSSION
Analisa & Pembahasan Oleh Manajemen
034
CONSUMER BRANDED PRODUCTS
Produk Konsumen Bermerek
044
BOGASARI
Bogasari
052
AGRIBUSINESS
Agribisnis
062
DISTRIBUTION
Distribusi
066
CORPORATE GOVERNANCE
Tata Kelola Perusahaan
076
AUDIT COMMITTEE REPORT
Laporan Komite Audit
079
CORPORATE HUMAN RESOURCES
Sumber Daya Manusia
084
CORPORATE SOCIAL RESPONSIBILITY
Tanggung Jawab Sosial Perusahaan
095
BOARD OF COMMISSIONERS
Dewan Komisaris
099
BOARD OF DIRECTORS
Direksi
103
SUBSIDIARIES & ASSOCIATE
COMPANIES
Entitas Anak & Entitas Asosiasi
106
PRODUCTION FACILITIES
Fasilitas Produksi
108
PROFESSIONAL ADVISORS & BANKS
Lembaga Profesional & Bank
109
ACKNOWLEDGEMENT
Pernyataan
110
INDEPENDENT AUDITORS’ REPORT
Laporan Auditor Independen
Laporan Tahunan 2011
1
VISION & MISSION
Visi & Misi
FINANCIAL HIGHLIGHTS
Ikhtisar Keuangan
In billion of Rupiah
2011
2010
2009
2008
Dalam miliar Rupiah
2007
unless otherwise stated
kecuali dinyatakan lain
Net Sales
45.332,3
38.403,4
37.397,3
38.799,3
27.858,3
Gross Profit
12.583,1
12.487,0
10.456,5
8.976,9
6.625,5
Laba Bruto
6.851,0
6.296,1
4.623,7
3.796,1
2.588,4
Laba Usaha (EBIT)
3.077,2
2.952,9
2.075,9
1.034,4
980,4
Income from
Penjualan Neto
Operations (EBIT)
Income for the Year
Attributable to Equity Holders
Laba Tahun Berjalan
yang Dapat Diatribusikan
of the Parent Entity
Kepada Pemilik Entitas Induk
Shares Outstanding (million)
8.780,4
8.780,4
8.780,4
8.780,4
350
336
236
120
8.528,6 Jumlah Saham yang Ditempatkan
dan Disetor Penuh (juta)
Basic Earnings
Per Share (Rp) 1
VISION Visi
A Total Food Solutions Company
Laba Bersih
Per Saham Dasar (Rp)
Current Assets
24.501,7
Current Liabilities
Net Working Capital
Total Assets
1
11.809,1
Aset Lancar
16.255,1
12.888,7
Liabilitas Jangka Pendek
(1.931,8)
(1.079,5)
Modal Kerja Bersih
20.078,0
12.967,2
12.831,3
9.859,1
11.148,5
11.670,4
10.218,9
1.818,7
53.585,9
47.276,0
40.383,0
39.591,3
29.706,9
Total Aset
2.945,3
2.575,7
3.090,3
2.332,3
1.169,8
Pengeluaran
2
31.610,2
24.852,8
15.496,2
13.158,9
10.912,4
Non-Controlling Interests
12.213,4
8.068,2
5.340,7
4.587,4
3.721,8
Capital Expenditures
Perusahaan Total Food Solutions
115
14.323,3
Barang Modal
Total Equity
Total Ekuitas 2
Kepentingan
Nonpengendali
MISSION Misi
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needs
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Values
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VHFDUDEHUNHODQMXWDQ
6
HQDQWLDVDPHQLQJNDWNDQNRPSHWHQVL
NDU\DZDQSURVHVSURGXNVLGDQWHNQRORJL
kami
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berkelanjutan
0HQLQJNDWNDQStakeholders’ ValuesVHFDUD
berkesinambungan
2
Annual Report 2011
Total Liabilities
21.975,7
22.423,1
24.886,8
26.432,4
18.794,5
Total Liabilitas
Funded Debt
13.686,2
14.326,0
17.290,7
18.579,2
12.393,4
Pinjaman yang
Dikenakan Bunga
Return on Assets (%) - NPAT 3
9,7
9,0
7,1
5,2
5,9
Imbal Hasil atas
Aset (%) - Laba Bersih
Return on Assets (%) - EBIT
3
13,6
14,4
11,6
11,0
11,2
Imbal Hasil atas
Aset (%) - Laba Usaha
Return on Equity (%)
3
17,3
19,5
19,9
14,9
atas Ekuitas (%)
1,91
2,04
1,16
0,88
0,92
Liabilities to Assets Ratio (x)
0,41
0,47
0,62
0,67
0,63
3
Imbal Hasil
16,3
Current Ratio (x)
3
3
Rasio Lancar (x)
Rasio Liabilitas
Terhadap Aset (x)
Liabilities to Equity Ratio (x)
2
0,70
0,90
1,61
2,01
1,72
Rasio Liabilitas
Terhadap Ekuitas (x)
Gearing Ratio - Gross (x)
Gearing Ratio - Net (x)
2
2
0,43
0,02
0,58
0,16
1,12
0,83
1,41
1,09
1,14
0,72
2
Gearing Ratio Gross (x)
2
Gearing Ratio Net (x)
2
1. Calculated based on weighted average number of shares
2. Taking into account the non-controlling interests
3. Return represents total return including non-controlling
interests
1. Dihitung berdasarkan jumlah rata-rata tertimbang saham
2. Dengan memperhitungkan kepentingan nonpengendali
3. Imbal hasil memperhitungkan total imbal hasil termasuk
kepentingan nonpengendali
The figures are stated in Indonesian language
Angka disajikan dalam Bahasa Indonesia
Laporan Tahunan 2011
3
CAPITAL MOVEMENT
Pergerakan Modal
SHARE PRICE INFORMATION
Informasi Harga Saham
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Share Price Rp, Harga Saham Rp
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
JSX-CI, IHSG
2011
Quarter
Triwulan
I
II
III
IV
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Selama Tahun Laporan
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4.600
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Volume
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Highest
Tertinggi
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Lowest
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5.800
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3.300
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4
Annual Report 2011
Laporan Tahunan 2011
5
PERFORMANCE GRAPHS
Grafik Kinerja Keuangan
NET SALES
IN TRILLION RUPIAH
PENJUALAN NETO
DALAM TRILIUN RUPIAH
2008
2009
2010
INCOME FROM OPERATIONS / EBIT
2007
2008
2011
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
LABA USAHA
2007
INCOME FOR THE YEAR ATTRIBUTABLE TO
EQUITY HOLDERS OF THE PARENT ENTITY
LABA TAHUN BERJALAN YANG DAPAT
DIATRIBUSIKAN KEPADA PEMILIK ENTITAS INDUK
2009
TOTAL ASET
2011
2010
2011
TOTAL EQUITY 1
TOTAL EKUITAS 1
2010
2008
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2009
2007
TOTAL ASSETS
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2007
2008
2009
2010
2011
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2007
2008
2009
2010
2011
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1 Dengan memperhitungkan kepentingan nonpengendali
6
Annual Report 2011
Laporan Tahunan 2011
7
INDOFOOD AT A GLANCE
Sekilas Indofood
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Consumer Branded Products (“CBP”). Its business
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brands are among the strongest brands with the most
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Annual Report 2011
Dalam beberapa dekade ini PT Indofood Sukses Makmur
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menjadi sebuah perusahaan Total Food Solutions dengan
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SURVHVSURGXNVLPDNDQDQPXODLGDULSURGXNVLGDQ
pengolahan bahan baku hingga menjadi produk akhir yang
WHUVHGLDGLSDVDU.LQL,QGRIRRGGLNHQDOVHEDJDLSHUXVDKDDQ
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yang saling melengkapi sebagai berikut:
Produk Konsumen Bermerek (“CBP”). Kegiatan usahanya
dilaksanakan oleh PT Indofood CBP Sukses Makmur Tbk
´,&%3µ \DQJVDKDPQ\DWHUFDWDWGL%XUVD(IHN,QGRQHVLD
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salah satu produsen makanan dalam kemasan terkemuka
di Indonesia yang memiliki berbagai jenis produk
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merupakan merek–merek yang terkemuka dan dikenal di
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kelapa sawit hingga produksi dan pemasaran minyak
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Laporan Tahunan 2011
9
BRIEF HISTORY OF THE COMPANY
Riwayat Singkat Perseroan
1994
1995
1997
2008
1990
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1990
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1994
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1994
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Annual Report 2011
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SHAREHOLDING STRUCTURE
Struktur Pemegang Saham
Name of Shareholders
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CAB Holdings Limited
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Laporan Tahunan 2011
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Annual Report 2011
Laporan Tahunan 2011
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membukukan kinerja yang solid di tengah berbagai
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\DQJGLFDSDL%RJDVDULPHQJLQJDWSHWDLQGXVWULWHSXQJ
terigu telah berubah seiring dengan meningkatnya jumlah
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NHWXMXKGLPDQD,QGRIRRGVHFDUDWHUXVPHQHUXVPHQFDWDWNDQ
SHQLQJNDWDQNLQHUMDEDJLSDUDSHPHJDQJVDKDP
.HEHUKDVLODQLQLPHQFHUPLQNDQNHWDQJJXKDQPRGHOELVQLV
Indofood serta fokus manajemen pada strategi yang tepat
untuk meningkatkan stakeholders’ value.
Prinsip kehati–hatian tetap diperlukan dalam menetapkan
arah strategi guna memastikan keunggulan kompetitif
SURGXN²SURGXNNDPLVHGDQJNDQXSD\DXQWXNPHPSHUOXDV
NDWHJRULXVDKDGDQDWDXXSD\DPDVXNNHVHJPHQXVDKDEDUX
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WLQJNDWSHUWXPEXKDQ3HUVHURDQ
Sejalan dengan komitmen Perseroan dalam menjalankan tata
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DNWLYLWDVGXDNRPLWHGLEDZDKQ\D\DLWX.RPLWH1RPLQDVL
5HPXQHUDVLGDQ.RPLWH$XGLW.RPLWH1RPLQDVL
Remunerasi memberikan rekomendasi tentang nominasi
GDQUHPXQHUDVLSDUDDQJJRWD'HZDQ.RPLVDULVGDQ'LUHNVL
Sementara Komite Audit membantu Dewan Komisaris
dalam menjalankan tanggung jawab pengawasannya dengan
PHODNXNDQSHQJNDMLDQDWDVODSRUDQNHXDQJDQVLVWHP
SHQJDZDVDQLQWHUQDOSURVHVDXGLWNHSDWXKDQWHUKDGDS
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SHQJHORODDQULVLNRSHUXVDKDDQ
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NDU\DZDQSHPDVRNGDQWHUXWDPDSDUDSHODQJJDQ\DQJVHWLD
DWDVNHSHUFD\DDQGDQNH\DNLQDQQ\DWHUKDGDS,QGRIRRG.DPL
EHUKDUDSWDKXQDNDQNHPEDOLPHQMDGLWDKXQ\DQJ
SRVLWLI EDJL,QGRIRRG
Daftar Isi
VISION & MISSION
Visi & Misi
002
FINANCIAL HIGHLIGHTS
Ikhtisar Keuangan
003
CAPITAL MOVEMENT
Pergerakan Modal
004
SHARE PRICE INFORMATION
Informasi Harga Saham
005
PERFORMANCE GRAPHS
Grafik Kinerja Keuangan
006
INDOFOOD AT A GLANCE
Sekilas Indofood
008
BRIEF HISTORY OF THE COMPANY
Riwayat Singkat Perseroan
010
SHAREHOLDING STRUCTURE
Struktur Pemegang Saham
012
MANAGEMENT STRUCTURE
Struktur Manajemen
013
BUSINESS STRUCTURE
Struktur Bisnis
014
DIVERSIFIED PORTFOLIO
Aneka Ragam Portofolio
015
OUR BRANDS
Merek–Merek Kami
016
ACCOLADES & CERTIFICATIONS
Penghargaan & Sertifikasi
017
MESSAGE FROM THE
PRESIDENT COMMISSIONER
Sambutan Komisaris Utama
020
REPORT OF THE PRESIDENT DIRECTOR
Laporan Direktur Utama
022
025
MANAGEMENT’S ANALYSIS & DISCUSSION
Analisa & Pembahasan Oleh Manajemen
034
CONSUMER BRANDED PRODUCTS
Produk Konsumen Bermerek
044
BOGASARI
Bogasari
052
AGRIBUSINESS
Agribisnis
062
DISTRIBUTION
Distribusi
066
CORPORATE GOVERNANCE
Tata Kelola Perusahaan
076
AUDIT COMMITTEE REPORT
Laporan Komite Audit
079
CORPORATE HUMAN RESOURCES
Sumber Daya Manusia
084
CORPORATE SOCIAL RESPONSIBILITY
Tanggung Jawab Sosial Perusahaan
095
BOARD OF COMMISSIONERS
Dewan Komisaris
099
BOARD OF DIRECTORS
Direksi
103
SUBSIDIARIES & ASSOCIATE
COMPANIES
Entitas Anak & Entitas Asosiasi
106
PRODUCTION FACILITIES
Fasilitas Produksi
108
PROFESSIONAL ADVISORS & BANKS
Lembaga Profesional & Bank
109
ACKNOWLEDGEMENT
Pernyataan
110
INDEPENDENT AUDITORS’ REPORT
Laporan Auditor Independen
Laporan Tahunan 2011
1
VISION & MISSION
Visi & Misi
FINANCIAL HIGHLIGHTS
Ikhtisar Keuangan
In billion of Rupiah
2011
2010
2009
2008
Dalam miliar Rupiah
2007
unless otherwise stated
kecuali dinyatakan lain
Net Sales
45.332,3
38.403,4
37.397,3
38.799,3
27.858,3
Gross Profit
12.583,1
12.487,0
10.456,5
8.976,9
6.625,5
Laba Bruto
6.851,0
6.296,1
4.623,7
3.796,1
2.588,4
Laba Usaha (EBIT)
3.077,2
2.952,9
2.075,9
1.034,4
980,4
Income from
Penjualan Neto
Operations (EBIT)
Income for the Year
Attributable to Equity Holders
Laba Tahun Berjalan
yang Dapat Diatribusikan
of the Parent Entity
Kepada Pemilik Entitas Induk
Shares Outstanding (million)
8.780,4
8.780,4
8.780,4
8.780,4
350
336
236
120
8.528,6 Jumlah Saham yang Ditempatkan
dan Disetor Penuh (juta)
Basic Earnings
Per Share (Rp) 1
VISION Visi
A Total Food Solutions Company
Laba Bersih
Per Saham Dasar (Rp)
Current Assets
24.501,7
Current Liabilities
Net Working Capital
Total Assets
1
11.809,1
Aset Lancar
16.255,1
12.888,7
Liabilitas Jangka Pendek
(1.931,8)
(1.079,5)
Modal Kerja Bersih
20.078,0
12.967,2
12.831,3
9.859,1
11.148,5
11.670,4
10.218,9
1.818,7
53.585,9
47.276,0
40.383,0
39.591,3
29.706,9
Total Aset
2.945,3
2.575,7
3.090,3
2.332,3
1.169,8
Pengeluaran
2
31.610,2
24.852,8
15.496,2
13.158,9
10.912,4
Non-Controlling Interests
12.213,4
8.068,2
5.340,7
4.587,4
3.721,8
Capital Expenditures
Perusahaan Total Food Solutions
115
14.323,3
Barang Modal
Total Equity
Total Ekuitas 2
Kepentingan
Nonpengendali
MISSION Misi
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needs
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Values
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VHFDUDEHUNHODQMXWDQ
6
HQDQWLDVDPHQLQJNDWNDQNRPSHWHQVL
NDU\DZDQSURVHVSURGXNVLGDQWHNQRORJL
kami
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PDV\DUDNDWGDQOLQJNXQJDQVHFDUD
berkelanjutan
0HQLQJNDWNDQStakeholders’ ValuesVHFDUD
berkesinambungan
2
Annual Report 2011
Total Liabilities
21.975,7
22.423,1
24.886,8
26.432,4
18.794,5
Total Liabilitas
Funded Debt
13.686,2
14.326,0
17.290,7
18.579,2
12.393,4
Pinjaman yang
Dikenakan Bunga
Return on Assets (%) - NPAT 3
9,7
9,0
7,1
5,2
5,9
Imbal Hasil atas
Aset (%) - Laba Bersih
Return on Assets (%) - EBIT
3
13,6
14,4
11,6
11,0
11,2
Imbal Hasil atas
Aset (%) - Laba Usaha
Return on Equity (%)
3
17,3
19,5
19,9
14,9
atas Ekuitas (%)
1,91
2,04
1,16
0,88
0,92
Liabilities to Assets Ratio (x)
0,41
0,47
0,62
0,67
0,63
3
Imbal Hasil
16,3
Current Ratio (x)
3
3
Rasio Lancar (x)
Rasio Liabilitas
Terhadap Aset (x)
Liabilities to Equity Ratio (x)
2
0,70
0,90
1,61
2,01
1,72
Rasio Liabilitas
Terhadap Ekuitas (x)
Gearing Ratio - Gross (x)
Gearing Ratio - Net (x)
2
2
0,43
0,02
0,58
0,16
1,12
0,83
1,41
1,09
1,14
0,72
2
Gearing Ratio Gross (x)
2
Gearing Ratio Net (x)
2
1. Calculated based on weighted average number of shares
2. Taking into account the non-controlling interests
3. Return represents total return including non-controlling
interests
1. Dihitung berdasarkan jumlah rata-rata tertimbang saham
2. Dengan memperhitungkan kepentingan nonpengendali
3. Imbal hasil memperhitungkan total imbal hasil termasuk
kepentingan nonpengendali
The figures are stated in Indonesian language
Angka disajikan dalam Bahasa Indonesia
Laporan Tahunan 2011
3
CAPITAL MOVEMENT
Pergerakan Modal
SHARE PRICE INFORMATION
Informasi Harga Saham
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Share Price Rp, Harga Saham Rp
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
JSX-CI, IHSG
2011
Quarter
Triwulan
I
II
III
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Selama Tahun Laporan
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kembali saham dan pelaksanaan Employee Stock
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Closing
Penutupan
4.600
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Volume
Volume
6.800
4.150
Volume
Volume
2010
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Triwulan
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Highest
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Closing
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5.800
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3.300
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20080HQMXDONHPEDOLOHPEDUtreasury
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treasury stock
4
Annual Report 2011
Laporan Tahunan 2011
5
PERFORMANCE GRAPHS
Grafik Kinerja Keuangan
NET SALES
IN TRILLION RUPIAH
PENJUALAN NETO
DALAM TRILIUN RUPIAH
2008
2009
2010
INCOME FROM OPERATIONS / EBIT
2007
2008
2011
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
LABA USAHA
2007
INCOME FOR THE YEAR ATTRIBUTABLE TO
EQUITY HOLDERS OF THE PARENT ENTITY
LABA TAHUN BERJALAN YANG DAPAT
DIATRIBUSIKAN KEPADA PEMILIK ENTITAS INDUK
2009
TOTAL ASET
2011
2010
2011
TOTAL EQUITY 1
TOTAL EKUITAS 1
2010
2008
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2009
2007
TOTAL ASSETS
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2007
2008
2009
2010
2011
IN TRILLION RUPIAH
DALAM TRILIUN RUPIAH
2007
2008
2009
2010
2011
7DNLQJLQWRDFFRXQWQRQ²FRQWUROOLQJLQWHUHVWV
1 Dengan memperhitungkan kepentingan nonpengendali
6
Annual Report 2011
Laporan Tahunan 2011
7
INDOFOOD AT A GLANCE
Sekilas Indofood
2YHUDQXPEHURI GHFDGHV37,QGRIRRG6XNVHV0DNPXU
7EN ´,QGRIRRGµRUWKH´&RPSDQ\µ KDVEHHQSURJUHVVLYHO\
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Consumer Branded Products (“CBP”). Its business
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6WRFN([FKDQJH ´,';µ RQ2FWREHU,&%3LVRQH
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brands are among the strongest brands with the most
VLJQLILFDQWPLQGVKDUHLQ,QGRQHVLDIRUFRQVXPHUIRRG
EUDQGV
8
Annual Report 2011
Dalam beberapa dekade ini PT Indofood Sukses Makmur
7EN ´,QGRIRRGµDWDX´3HUVHURDQµ WHODKEHUWUDQVIRUPDVL
menjadi sebuah perusahaan Total Food Solutions dengan
NHJLDWDQRSHUDVLRQDO\DQJPHQFDNXSVHOXUXKWDKDSDQ
SURVHVSURGXNVLPDNDQDQPXODLGDULSURGXNVLGDQ
pengolahan bahan baku hingga menjadi produk akhir yang
WHUVHGLDGLSDVDU.LQL,QGRIRRGGLNHQDOVHEDJDLSHUXVDKDDQ
\DQJPDSDQGDQWHUNHPXNDGLVHWLDSNDWHJRULELVQLVQ\D
'DODPPHQMDODQNDQNHJLDWDQRSHUDVLRQDOQ\D,QGRIRRG
memperoleh manfaat dari ketangguhan model bisnisnya
\DQJWHUGLULGDULHPSDW.HORPSRN8VDKD6WUDWHJLV ´*UXSµ
yang saling melengkapi sebagai berikut:
Produk Konsumen Bermerek (“CBP”). Kegiatan usahanya
dilaksanakan oleh PT Indofood CBP Sukses Makmur Tbk
´,&%3µ \DQJVDKDPQ\DWHUFDWDWGL%XUVD(IHN,QGRQHVLD
´%(,µ VHMDNWDQJJDO2NWREHU,&%3PHUXSDNDQ
salah satu produsen makanan dalam kemasan terkemuka
di Indonesia yang memiliki berbagai jenis produk
PDNDQDQGDODPNHPDVDQ%HUEDJDLPHUHNSURGXN,&%3
merupakan merek–merek yang terkemuka dan dikenal di
,QGRQHVLDXQWXNPDNDQDQGDODPNHPDVDQ
Bogasari, SULPDULO\DSURGXFHURI ZKHDWIORXUDVZHOODV
SDVWD,WVEXVLQHVVRSHUDWLRQVDUHVXSSRUWHGE\VKLSSLQJ
DQGSDFNDJLQJXQLWV
Bogasari, memiliki kegiatan usaha utama memproduksi
WHSXQJWHULJXGDQSDVWD.HJLDWDQXVDKD*UXSLQL
GLGXNXQJROHKXQLWSHUNDSDODQGDQNHPDVDQ
Agribusiness. The Group is led by Indofood Agri
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RQWKH,QGRQHVLD6WRFN([FKDQJH7KH*URXS·VSULQFLSDO
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Kegiatan usaha utama Grup ini meliputi penelitian dan
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kelapa sawit hingga produksi dan pemasaran minyak
JRUHQJPDUJDULQGDQshortening EHUPHUHN'LVDPSLQJ
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seluruh produk konsumen Indofood dan anak–anak
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Laporan Tahunan 2011
9
BRIEF HISTORY OF THE COMPANY
Riwayat Singkat Perseroan
1994
1995
1997
2008
1990
,QFRUSRUDWHGDV373DQJDQMD\D,QWLNXVXPD
1990
'LGLULNDQGHQJDQQDPD373DQJDQMD\D,QWLNXVXPD
1994
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,32RI PLOOLRQVKDUHVDW5SSDUYDOXHSHU
VKDUHOLVWLQJRQWKH,';
1994
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,32VHEDQ\DNMXWDVDKDPGHQJDQKDUJDQRPLQDO
5SSHUVDKDPWHUFDWDWGL%(,
1995
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1995
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1997
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DQGGLVWULEXWLRQFRPSDQLHV
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1997
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2000
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2002
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2003
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2004
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2005
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10
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SHAREHOLDING STRUCTURE
Struktur Pemegang Saham
Name of Shareholders
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CAB Holdings Limited
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Annual Report 2011
Laporan Tahunan 2011
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MESSAGE FROM THE PRESIDENT COMMISSIONER
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