PTIndalAluminiumIndustryTbk.

Business
CompanyStatus

ContractingServicesand
AluminumSheetsManufacturer
PMDN

Underwriter

PTStandardCharteredIndonesia

Shareholders
2000
PTGunaInvestindo
Public:
PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
Others

2001
6.27% PTHusinInvestama
PTMarindoInvestama
32.93% PrayitnoSoerowidjojo
7.84% PTGunaInvestindo
6.27% PTMulindoInvestama
6.27% PTSatriaInvestindo
6.27% PTPrakindoInvestama
34.15% Public

2005
PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

2002
32.93%
7.84%
6.65%
6.27%
6.27%
6.27%
6.27%
27.50%

2006
32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
Public

2003
32.93%
7.84%
6.27%
6.27%
6.27%
40.42%

2007
32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

2004
32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

2008
32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

PTHusinInvestama
PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Public

32.93%
7.84%
6.27%
6.27%
6.27%
6.27%
34.15%

PTHusinInvestama

32.93%

PTMarindoInvestama
PTMulindoInvestama
PTSatriaInvestindo
PTPrakindoInvestama
PTGunaInvestindo
Soepangkat
Public

7.84%
6.27%
6.27%
6.27%
6.27%
0.03%
34.12%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000

President Commissioner
Commissioners

Alim Husin
Alim Mulia Sastra, Gunardi
Soepangkat

President Director
Directors

Alim Markus
Alim Satria, Alim Prakasa
Lukman Chandra Santoso, Welly Muliawan

1,140

2001

President Commissioner
Commissioners

Alim Husin
Alim Mulia Sastra
Gunardi
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Lukman Chandra Santoso
Welly Muliawan

1,558

2002

President Commissioner
Commissioners

Alim Husin
Alim Mulia Sastra
Gunardi
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Lukman Chandra Santoso
Welly Muliawan

1,511

2003

President Commissioner
Commissioners

Alim Husin
Alim Mulia Sastra
Gunardi
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Lukman Chandra Santoso
Welly Muliawan

1,403

2004

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra
Gunardi
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Welly Muliawan

1,480

2005

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra, Gunardi, Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria, Alim Prakasa
Welly Muliawan

1,276

2006

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra
Gunardi Go
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Welly Muliawan

1,253

2007

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra, Gunardi Go
Soepangkat, Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria, Alim Prakasa, Welly Muliawan Lie

1,253

2008

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra, Gunardi Go
Soepangkat, Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria, Alim Prakasa, Welly Muliawan Lie

1,731

2009

President Commissioner
Commissioners

Angkasa Rachmawati
Alim Mulia Sastra
Gunardi Go
Soepangkat
Supranoto Dipokusumo

President Director
Directors

Alim Markus
Alim Satria
Alim Prakasa
Welly Muliawan Lie

1,697

1998

1999

2000

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Prepaid
Trade receivables
Inventories
Short Term Investment
Advances
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investments
Other Assets

220,415
96,913

226,812
87,601

259,436
123,260

11,911

25,640

4,982

(million rupiah)
2001

2002

2003

2004

2005

267,093
100,105

300,555
121,214

316,919
113,310

406,708
205,048

476,734
275,036

3,603

5,362

4,820

7,909
12,953

39,353
36,443

19,968
40,111

22,712
87,288

28,229
53,839

81,029

74,780

73,455

80,253

25,180
17,293

29,038
35,393

17,521
45,200

Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Convertible bonds
Non-current Liabilities
Minority Interests in Subsidiaries

119,982
102,110

114,451
100,828

78,783

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed Assets
Retained earnings

100,433
79,200
3,740

3,740

3,740

3,740

3,740

3,740

3,740

3,740

17,493

29,421

13,928

15,283

15,659

(24,031)

(21,713)

(41,749)

Net Sales
Cost of Good Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Profit (Loss) before Taxes
Profit (Loss) after Taxes

201,134
152,933
48,201
16,352
31,849
(23,740)
8,109
3,058

209,689
164,341
45,347
21,072
24,275
(3,007)
21,268
15,096

247,435
199,265
48,170
251,689
23,001
(29,194)
(6,193)
(9,949)

348,742
294,040
54,702
38,465
16,237
(11,127)
5,110
1,355

287,290
256,246
31,044
32,486
(1,442)
2,202
760
377

313,861
293,274
20,587
32,821
(12,234)
(31,225)
(43,458)
(39,690)

470,542
438,178
32,364
30,303
2,061
(17,416)
(15,355)
2,319

473,506
435,628
37,878
36,025
1,853
(22,354)
(20,502)
(20,774)

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price
Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)
Current Ratio (x)
Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)

1
2
3
4

Growth (%)
Indicators
Total Asset
Share Holder's Equity
Net Sales/Revenue
Net Provit

19,380
79,146

34,877
69,618

67,902
117,937

97,850
129,189

179,341

203,609

201,660

201,698

84,917

85,529

78,060

71,982

15,629
71,106

19,036
3,988

20,509
3,990

26,677
3,311

30,355
745

162,568
132,655

168,870
110,414

201,955
69,598

258,010
88,113

345,480
154,399

435,543
211,622

70,400

107,699

69,280

34,590

40,759

119,137

11,207
1,937

15,845
2,296

31,578
1,113

23,866
2,679

13,909
1,888

18,220
896

22,763
573

35,511
1,613

17,872

13,623

29,914

58,456

132,357

169,897

191,082

223,920

98,599
79,200

58,909
79,200

61,227
79,200

41,191
79,200

154,497

112,361
79,200

96,868
79,200

98,223
79,200

19
634
20
250

95
709
35
625

(63)
612
300

9
620
280

2
622
n.a
140

(251)
372
n.a
145

15
387
n.a
205

(131)
260
n.a
150

13
0
103.60
8.00

6.56
0.88
36.72
5.60

(4.78)
0.49
-

32.73
0.45
-

58.87
0.22
n.a
n.a

(0.58)
0.39
n.a
n.a

14.00
0.53
n.a
n.a

(1.14)
0.58
n.a
n.a

0.95
1.19
0.54
0.24
0.16
0.02
4.20
0.91
1.39
3.04

0.87
1.02
0.50
0.22
0.12
0.07
4.10
0.92
6.66
13.44

0.93
1.68
0.63
0.19
0.09
n.a
2.28
0.95
(3.83)
(10.27)

0.91
1.72
0.63
0.16
0.05
0.00
5.46
1.31
0.51
1.38

1.74
2.05
0.67
0.11
n.a.
n.a.
3.24
0.96
0.13
0.38

1.29
4.38
0.81
0.07
n.a.
n.a.
4.21
0.99
(12.52)
(67.38)

1.33
5.64
0.85
0.07
n.a.
n.a.
3.72
1.16
0.57
3.79

1.30
10.57
0.91
0.08
n.a.
n.a.
3.37
0.99
(4.36)
(50.43)

1998

1999
2.90
11.88
4.25
393.66

2000
14.38
(13.79)
18.00
(165.90)

2002
12.53
0.38
(17.62)
(72.18)

2003
5.44
(40.25)
9.25
(10,627.85)

2004
28.33
3.93
49.92
(105.84)

2005
17.22
(32.72)
0.63
(995.82)

2001
2.95
1.40
40.94
(113.62)

SUMMARY OF FINANCIAL STATEMENT

PT. Indal Alumunium Industry (INAI)

2006

(millionrupiah)
2007

2008

TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
Investments
OtherAssets

555,996
330,309

482,712
288,603

622,405
419,384

3,956
115,351
181,832
225,687

5,520
108,277
131,057
194,108

28,060
137,930
194,742
203,021

54,352
38,912
772

47,214
39,860
42

37,888
45,084
4,114

Liabilities
CurrentLiabilities
ofwhich
Bankloans
Tradepayables
Taxespayable
NonCurrentLiabilities

480,733
181,538

407,114
198,613

545,800
348,410

97,203
65,601
1,073
299,194

123,701
56,977
2,150
208,501

165,528
96,288
4,163
197,390

75,263
79,200

75,598
79,200

76,605
79,200

3,740
(7,677)

3,740
(7,342)

3,740
(6,335)

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit(Loss)
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

557,583
485,602
71,980
40,194
31,786
(27,594)
4,192
12,539

514,055
431,549
82,505
42,655
39,851
(40,213)
(363)
334

642,018
551,068
90,950
47,049
43,901
(41,800)
2,101
1,008

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

79
475
n.a
200

2
477
n.a
285

6
484
n.a
120

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)

2.53
0.42
n.a
n.a

135.01
0.60
n.a
n.a

18.87
0.25
n.a
n.a

1.82
6.39
0.86
0.13
0.06
0.02
2.67
1.00
2.26
16.66

1.45
5.39
0.84
0.16
0.08
n.a.
3.29
1.06
0.07
0.44

1.20
7.12
0.88
0.14
0.07
n.a.
2.83
1.03
0.16
1.32

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)
PER=21.83x;PBV=9.26x(June2009)
FinancialYear:December31
PublicAccountant:AryantoAmirYusuf&Mawar