UNSP Bakrie Sumatera Plantations Tbk.

COMPANY REPORT : JANUARY 2017 As of 31 January 2017

Main Board Individual Index : 37.992
Industry Sector : Agriculture (1) Listed Shares : 13,720,471,386
Industry Sub Sector : Plantation (12) Market Capitalization : 1,097,637,710,880
297 | 1.10T | 0.02% | 98.38%

163 | 0.95T | 0.05% | 97.00%

COMPANY HISTORY SHAREHOLDERS (January 2017)

Established Date : 17-May-1911
Listing Date : 06-Mar-1990 DIVIDEND ANNOUNCEMENT
Under Writer IPO : Bonus Cash Recording Payment
F/I
PT (Persero) Danareksa Year Shares Dividend Cum Date Ex Date Date Date
PT Merchant Investment Corporation (Merincorp) 1991 275.00 16-Jul-92 17-Jul-92 25-Jul-92 18-Aug-92 F
Securities Administration Bureau : 1992 275.00 26-Jul-93 27-Jul-93 03-Aug-93 31-Aug-93 F
PT EDI Indonesia 1993 285.00 19-Jul-94 20-Jul-94 27-Jul-94 26-Aug-94 F
Wisma SMR 10th Fl. 1994 350.00 18-Jul-95 19-Jul-95 27-Jul-95 25-Aug-95 F
Jln. Yos Sudarso Kav. 89, Jakarta 14350 1995 400.00 14-Jun-96 17-Jun-96 25-Jun-96 09-Jul-96 F
Phone : (021) 651-5130, 650-5829 1995 5:9 06-Aug-96 07-Aug-96 15-Aug-96 13-Sep-96 B
Fax : (021)) 651-5131, 650-5987 1996 75.00 27-Jun-97 30-Jun-97 08-Jul-97 07-Aug-97 F
1997 75.00 17-Jul-98 20-Jul-98 28-Jul-98 27-Aug-98 F
BOARD OF COMMISSIONERS 2005 6.00 13-Jun-05 14-Jun-05 16-Jun-05 30-Jun-05
1. Soedjai Kartasasmita 2005 9.00 29-Jun-06 30-Jun-06 04-Jul-06 18-Jul-06 F
2. Adika Nuraga Bakrie 2006 15.00 11-Jun-07 12-Jun-07 14-Jun-07 28-Jun-07 I
3. Anindya Novyan Bakrie 2007 17.00 23-Jun-08 24-Jun-08 26-Jun-08 10-Jul-08 F
4. Anton Apriyantono 2008 9.00 06-Aug-09 07-Aug-09 11-Aug-09 26-Aug-09 F
5. Bobby Gafur Umar 2009 3.80 30-Jul-10 02-Aug-10 04-Aug-10 19-Aug-10 F
6. Bungaran Saragih 2010 min 4.3 - max 4.4 09-Aug-11 10-Aug-11 12-Aug-11 26-Aug-11 F
*) Independent Commissioners 2011 4.51 - 4.56 08-Aug-12 09-Aug-12 13-Aug-12 29-Aug-12 F

BOARD OF DIRECTORS ISSUED HISTORY

1. M. Iqbal Zainuddin Listing Trading
2. Adhika Andrayuda Bakrie No. Type of Listing Shares Date Date
3. Andi Widianto Setianto 1. First Issue 11,100,000 06-Mar-90 06-Mar-90
4. Balakrishnan Chandrasekaran 2. Company Listing 25,900,000 02-Feb-96 02-Feb-96
5. Boey Chee Weng 3. Stock Split 1,031,560,000 T: 26-Aug-96 : 03-Nov-04
6. Chenji Srinivasan Seshadri 4. Bonus Shares 133,200,000 16-Sep-96 16-Sep-96
7. Rudi Sarwono 5. Stock Dividen 41,440,000 24-Aug-99 24-Aug-99
6. Right Issue 11,999,417,337 T: 27-Dec-04 : 04-Mar-10
AUDIT COMMITTEE 7. Warrant Seri I 162,838 T: 24-Mar-08 : 17-Sep-10
1. Soedjai Kartasasmita 8. Warrant Seri II 477,691,211 T: 06-Oct-10 : 20-Feb-13
2. Apandih Kosasih
3. Marzuki Ramli

CORPORATE SECRETARY
Fitri Barnas

HEAD OFFICE
Komplek Rasuna Epicentrum, Bakrie Tower 18th-19th Fl.
Jln. HR. Rasuna Said
Jakarta 12960
Phone : (021) 299-41286
Fax : (021) 299-41352

Homepage : www.bakriesumatera.com
Email : fitrib@bakriesumatera.com
 UNSP Bakrie Sumatera Plantations Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Bakrie Sumatera Plantations Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2013 - January 2017 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
120 3,200 Jan-13 112 89 91 15,774 1,500,274 157,451 21
Feb-13 127 89 109 28,586 3,743,571 402,694 20
105 2,800 Mar-13 112 95 99 12,600 1,492,767 151,369 19
Apr-13 112 91 91 16,348 1,712,532 172,136 22
May-13 93 73 73 12,871 1,409,239 123,059 22
90 2,400
Jun-13 76 50 52 12,566 1,306,621 74,292 19
Jul-13 56 50 52 5,698 679,839 35,579 23
75 2,000
Aug-13 52 50 50 1,747 256,312 13,220 17
Sep-13 50 50 50 823 705,499 33,837 21
60 1,600
Oct-13 50 50 50 196 550,267 27,053 21
Nov-13 50 50 50 97 305,232 14,450 20
45 1,200 Dec-13 50 50 50 132 238,893 10,693 19

30 800 Jan-14 50 50 50 187 305,768 12,912 20

Feb-14 50 50 50 196 261,322 9,317 20
15 400 Mar-14 82 50 50 31,091 2,924,373 188,128 20
Apr-14 56 50 50 5,669 621,178 29,506 20
May-14 57 50 50 11,074 879,834 45,867 18
Jun-14 51 50 50 4,847 374,562 18,370 21
Jan-13 Jan-14 Jan-15 Jan-16 Jan-17
Jul-14 50 50 50 760 55,530 2,713 18
Aug-14 50 50 50 246 172,627 8,483 20
Sep-14 50 50 50 927 36,146 1,638 20
Closing Price*, Jakarta Composite Index (IHSG) and Oct-14 50 50 50 350 40,378 1,696 19
Agriculture Index Nov-14 50 50 50 984 61,654 2,156 20
January 2013 - January 2017 Dec-14 54 50 50 6,001 1,038,839 42,384 20
30%
Jan-15 53 50 50 4,127 354,132 17,739 21
20% 21.8%
Feb-15 50 50 50 226 199,061 4,974 19
Mar-15 50 50 50 873 214,156 6,998 22
10% Apr-15 50 50 50 111 492,609 23,048 20
May-15 50 50 50 229 48,844 2,265 19
- Jun-15 50 50 50 1,006 150,094 6,522 21
Jul-15 50 50 50 196 383,153 15,519 18
-8.2% Aug-15 50 50 50 340 120,394 5,693 18
-10%
Sep-15 50 50 50 732 17,602 1,620 21
-17.5% Oct-15 50 50 50 627 33,627 1,131 19
-20%
Nov-15 50 50 50 813 66,723 3,467 21
Dec-15 50 50 50 98 236,508 8,691 17
-30%

Jan-16 50 50 50 508 73,189 949 17

-40% Feb-16 50 50 50 225 21,924 518 16
Mar-16 50 50 50 467 24,168 2,587 17
-50% Apr-16 50 50 50 370 6,332 173 18
Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 May-16 50 50 50 245 136,324 47,663 18
Jun-16 50 50 50 1,048 218,666 34,222 22
Jul-16 50 50 50 113 62,423 1,730 16
SHARES TRADED 2013 2014 2015 2016 Jan-17 Aug-16 50 50 50 158 313,058 23,621 21
Volume (Million Sh.) 13,901 6,772 2,317 5,658 8,819 Sep-16 50 50 50 536 66,288 10,538 21
Value (Billion Rp) 1,216 363 98 398 556 Oct-16 64 50 50 20,710 3,454,925 205,166 21
Frequency (Thou. X) 107 62 9 38 52 Nov-16 54 50 50 12,524 910,284 52,083 22
Days 244 236 236 229 21 Dec-16 51 50 50 1,278 370,376 18,381 20

Price (Rupiah) Jan-17 81 50 80 52,051 8,819,343 556,166 21

High 127 82 53 64 81
Low 50 50 50 50 50
Close 50 50 50 50 80
Close* 50 50 50 50 80

PER (X) -0.25 -7.27 -1.33 -2.05 -3.28

PER Industry (X) 15.46 19.34 -6.37 19.38 19.46
PBV (X) 0.14 0.14 0.20 0.21 0.34
* Adjusted price after corporate action
 UNSP Bakrie Sumatera Plantations Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Handoko Tomo Samuel Gunawan & Rekan (Member of Moores Rowland CPAs)

BALANCE SHEET Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 120,766 117,017 55,596 43,967 99,813 20,000

Receivables 572,990 474,521 419,858 443,025 445,071

240,455 153,507 134,447 146,883 149,991 16,000
Inventories
Current Assets 3,788,486 3,459,892 2,597,497 1,473,246 1,166,713
12,000
Fixed Assets 6,689,965 7,029,206 7,013,866 6,958,069 6,908,740
Other Assets 154,211 51,830 85,445 88,701 89,614
8,000
Total Assets 18,983,332 18,015,337 17,441,633 16,926,617 16,314,288
Growth (%) -5.10% -3.18% -2.95% -3.62% 4,000

Current Liabilities 3,001,003 6,359,394 7,699,736 7,965,667 9,090,570 -

Long Term Liabilities 8,067,926 6,788,743 5,587,695 5,604,144 3,987,576 2012 2013 2014 2015 Sep-16
Total Liabilities 11,068,929 13,148,138 13,287,430 13,569,811 13,078,146
Growth (%) 18.78% 1.06% 2.13% -3.62%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 7,914
Paid up Capital 1,372,047 1,372,047 1,372,047 1,372,047 1,372,047
Paid up Capital (Shares) 13,720 13,720 13,720 13,720 13,720
Par Value 100 100 100 100 0
6,300

4,867
Retained Earnings 1,084,981 -1,677,811 -2,302,624 -2,815,670 -3,066,935
4,154
7,914,403 4,867,199 4,154,203 3,356,806 3,236,143
4,685

Total Equity 3,357 3,236

Growth (%) -38.50% -14.65% -19.19% -3.59% 3,071

INCOME STATEMENTS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 1,456

Total Revenues 2,485,430 2,076,486 2,636,703 2,021,647 1,162,993

Growth (%) -16.45% 26.98% -23.33%
-158

2012 2013 2014 2015 Sep-16

Cost of Revenues 1,736,764 1,485,599 1,906,054 1,508,031 861,775

Gross Profit 748,666 590,887 730,650 513,616 301,218
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 1,718,804 3,634,621 418,584 1,904,862 250,741
Operating Profit - - 312,065 - - 2,637
2,485
Growth (%) -100.00%
2,076 2,022
2,099

Other Income (Expenses) - - -820,455 - -

Income before Tax -970,138 -3,043,734 -508,390 -1,391,246 50,477 1,561

1,163
Tax -25,290 -477,691 1,612 -333,394 381,420
Profit for the period -1,067,599 -2,766,719 -510,002 -517,534 -253,495 1,023

Growth (%) -159.15% 81.57% -1.48%

485

Period Attributable -1,065,265 -2,762,792 -624,913 -1,054,888 -251,264 -53

Comprehensive Income -1,098,541 -3,047,203 -512,296 -763,648 -127,485 2012 2013 2014 2015 Sep-16
Comprehensive Attributable -1,095,904 -3,040,528 -653,634 -1,301,002 -125,255

RATIOS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 126.24 54.41 33.73 18.49 12.83
Dividend (Rp) - - - - - 2012 2013 2014 2015 Sep-16
EPS (Rp) -77.64 -201.36 -45.55 -76.88 -18.31
BV (Rp) 576.83 354.74 302.77 244.66 235.86 -332

-253
DAR (X) 0.58 0.73 0.76 0.80 0.80 -510 -518
DER(X) 1.40 2.70 3.20 4.04 4.04
-941

-1,068
ROA (%) -5.62 -15.36 -2.92 -3.06 -1.55 -1,549

ROE (%) -13.49 -56.84 -12.28 -15.42 -7.83

GPM (%) 30.12 28.46 27.71 25.41 25.90 -2,158

OPM (%) - - 11.84 - -

NPM (%) -42.95 -133.24 -19.34 -25.60 -21.80
-2,767

-2,767
Payout Ratio (%) - - - - -
Yield (%) - - - - -