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AKRA
AKR CORPORINDO TBK.
Company Profile
PTAKRCorporindoTbk.wasestablishedinSurabayaonNovember28th,1977andstarted
its commercial operations in June 1978. The Company is currently engaged in the
distribution of petroleum products to industrial customers, distribution and trading of
chemicalproducts(suchascausticsoda,sodiumsulphate,PVCresinandsodaash)usedby
variousindustriesinIndonesiainaccordancewithdistributorshipagreementswithforeign
and local manufacturers, rental of warehouses, transportation vehicles, tanks, and other
logisticservices.
As of 2013, through evaluation and selection process, the Company is appointed by BPH
Migas as one of the companies entitled to supply and distribute subsidized petroleum.
Initially, the Company has been allocated 267,892 KL of subsidized petroleum for
distribution in 2013. As of early June 2013, the allocation quota for the year 2013 for
distributionofMogasgasolineRON88anddieselhasbeenincreasedto880,850KL.The
areaofdistributionisnowexpandedtoincludecitiesintheprovinceofNorthSumatera,
Lampung, DKI Jakarta, Yogyakarta, South Kalimantan, West Kalimantan, East Kalimantan,
Banten,WestJava,CentralJava,EastJava,Bali,andSouthSulawesi.
TheCompanyisdomiciledatWismaAKR,8thFloor,JIn.PanjangNo.5,KebonJeruk,Jakarta.
Its major branch office is located at JI. Sumatra No. 5153, Surabaya. Other sales offices
also the tank terminals are located in Medan, Palembang, Lampung, Ciwandan (Banten),
Bandung, Semarang, Pontianak, Balikpapan, Banjarmasin, Stagen (South Kalimantan),
Makassar, Manado, and Bali. The Company also has a representative office in Guigang,
China.
The Company has ownership in subdidiaries: PT Usaha Era Pratama Nusantara, PT
Andahanesa Abadi, PT Arjuna Utama Kimia, PT Anugrah Karya Raya and subsidiaries, PT
JakartaTankTerminal,Khalista(Liuzhou)ChemicallndustriesLtd.,AKR(Guigang)PortCo.
Ltd.,AKR(Guangxi)CoalTradingCo.Ltd.,Guangxi(Guigang)AKRContainerPortCo.Ltd.,
AKR(Guigang)TransshipmentPortCo.Ltd.,PTAKRSeaTransport,PTAKRNiagaIndonesia,
PT AKR Transportasi Indonesia, PT Bumi Karunia Pertiwi, PT Sarana Tambang Utama, PT
RizkiTambangSelaras,PTMineralTambangWahana,andPTBarutaAbadi.
TheCompanyanditsSubsidiarieshadtotalpermanentemployeesof2,482asofDecember
31th,2013.
January 2014
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of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be
by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any
advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
AKRA AKR Corporindo Tbk. [S]
COMPANY REPORT : JANUARY 2014 As of 30 January 2014
Main Board Individual Index : 3,506.786
Industry Sector : Trade, Services & Investment (9) Listed Shares : 3,880,727,500
Industry Sub Sector : Wholesale (Durable & Non-Durable Goods) (91) Market Capitalization : 17,075,201,000,000
44 | 17.1T | 0.39% | 73.09%
Day
Closing Volume
Price* January 2010 - January 2014 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
6,000 480 Jan-10 1,330 1,120 1,180 12,300 378,735 467,942 20
Feb-10 1,200 980 1,020 9,796 730,443 772,002 19
5,250 420 Mar-10 1,040 900 930 11,390 404,402 401,185 22
Apr-10 1,050 880 1,030 18,201 472,646 461,177 21
May-10 1,040 910 970 9,782 303,828 297,455 19
4,500 360
Jun-10 1,150 950 1,060 9,030 305,999 321,697 22
Jul-10 1,200 990 1,190 10,576 344,118 370,729 22
3,750 300
Aug-10 1,400 1,190 1,230 10,505 297,345 388,187 21
Sep-10 1,540 1,220 1,510 15,621 365,415 507,625 17
3,000 240
Oct-10 1,590 1,320 1,510 21,910 540,611 790,741 21
Nov-10 1,720 1,450 1,460 18,191 396,989 629,461 21
2,250 180 Dec-10 1,820 1,460 1,730 17,921 319,477 532,404 20
BALANCE SHEET Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 273,694 691,848 1,329,789 1,884,943 820,065 15,000
3,575
Retained Earnings 1,106,861 1,213,492 2,222,920 2,931,851 3,289,047
3,175
Comprehensive Income 274,719 311,166 2,331,631 755,870 980,588 2009 2010 2011 2012 2013
Comprehensive Attributable - 290,721 2,339,138 775,371 969,250
RATIOS Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 95.87 104.79 135.73 144.19 117.14
2,284
Dividend (Rp) 25.00 167.00 225.00 105.00 50.00 2,284
619 616
ROE (%) 19.52 14.21 63.90 14.70 11.48
340 339
GPM (%) 10.64 7.87 5.42 5.82 6.12 420