PT Astra Agro Lestari Tbk.

Agriculture, Forestry and Fishing

Head Office Jl. Pulo Ayang Raya Blok OR-1 Summary of Financial Statement
Kawasan Industri Pulo Gadung
Jakarta 13930 (Million Rupiah)
Phone (021) 461-6555 2008 2009 2010
Fax (021) 461-6655, 461-6677 Total Assets 6,519,791 7,571,399 8,791,799
Current Assets 1,975,656 1,714,426 2,051,177
Email: investor@astra-agro.co.id of which
Website: http://www.astra-agro.co.id Cash and Cash Equivalents 867,676 788,549 1,240,781
Factory Jl. Pulo Ayang Raya Blok OR-1 Trade receivables 16,346 150,091 50,668
Inventories 781,363 610,031 624,694
Kawasan Industri Pulo Gadung Non-Current Assets 4,544,135 5,856,973 6,740,622
Jakarta 13930 of which
Phone (021) 461-6555, 461-6688 Fixed Assets-Net
Deffered Tax Assets-Net
2,001,772
61,501
2,444,959
92,493
2,686,910
58,291
Fax (021) 461-6618, 461-6689 Other Assets 85,378 157,888 180,232
Email: investor@astra-agro.co.id Liabilities 1,183,215 1,144,783 1,334,542
Website: http://www.astra-agro.co.id Current Liabilities 1,016,167 938,976 1,061,852
Business Plantations (oil palm, cocoa, rubber & tea) of which
Trade payables 291,455 238,001 348,847
Company Status PMDN Taxes payable 452,036 297,801 302,455
Accrued expenses 97,961 107,383 49,122
Financial Performance: The Company recorded net in- Long-term Liabilities 167,048 205,807 272,690
Minority Interests in Subsidiaries 180,331 200,251 245,570
come in 2010 at IDR 2.016 trillion, or higher than IDR 1.66
trillion recorded in 2009. Shareholders' Equity
Paid-up capital
5,156,245
787,373
6,226,365
787,373
7,211,687
787,373
Brief History: As a member of the Astra International Paid-up capital
in excess of par value 83,476 83,476 83,476
Group, the company has grown and expanded into one of the Revaluation of fixed Assets 3,300 3,300 3,300
largest oil palm plantations in Indonesia. Among noteworthy Retained earnings 4,282,096 5,352,216 6,337,538

events in the course of its history since its establishment in Net Sales 8,161,217 7,424,283 8,843,721

1988 was its listing in both the Jakarta and Surabaya Stock Ex- Cost of Goods Sold
Gross Profit
4,357,818
3,803,399
4,322,498
3,101,785
5,234,372
3,609,349
changes in 1997, offering a total of 125.8 million shares to the Operating Expenses 426,055 491,567 610,638
Operating Profit 3,377,344 2,610,218 2,998,711
public, as well as the issuance of corporate bonds in 2000. To- Other Income (Expenses) 572,091 (109,792) (34,671)
day the company is the proud owner of 188,831 hectares of Profit before Taxes 3,949,435 2,500,426 2,964,040
Profit after Taxes 2,631,019 1,660,649 2,016,780
cultivated palm oil estates, accounting for 92.7% of the total
Per Share Data (Rp)
203,780 hectares plantations area. The remaining 7.3% of the Earnings per Share 1,671 1,055 1,281
plantations area comprises rubber, tea, and cocoa. Equity per Share 3,274 3,954 4,580
Dividend per Share n.a 685 640
Closing Price 9,800 22,750 26,200

Financial Ratios
PER (x) 5.87 21.57 20.46
PBV (x) 2.99 5.75 5.72
Dividend Payout (%) n.a 64.96 49.97
Dividend Yield (%) n.a 17.32 13.98

Current Ratio (x) 1.94 1.83 1.93

Debt to Equity (x) 0.23 0.18 0.19
Leverage Ratio (x) 0.18 0.15 0.15
Gross Profit Margin (x) 0.47 0.42 0.41
Operating Profit Margin (x) 0.41 0.35 0.34
Net Profit Margin (x) 0.32 0.22 0.23
Inventory Turnover (x) 5.58 7.09 8.38
Total Assets Turnover (x) 1.25 0.98 1.01
ROI (%) 40.35 21.93 22.94
ROE (%) 51.03 26.67 27.97

PER = 15.91x ; PBV = 4.80x (June 2011)

Financial Year: December 31
Public Accountant: Haryanto Sahari & Co.(2009); Tanudiredja, Wibisana & Co. (2010)

(million rupiah)
2011 2010

Total Assets 9,692,978 7,772,875

Current Assets 2,388,354 1,291,353
Non-Current Assets 7,304,624 6,481,522
Liabilities 1,975,671 1,458,050
Shareholders' Equity 7,717,307 6,130,559
Net Sales 5,296,582 3,517,795
Profit after Taxes 1,317,291 662,018

ROI (%) 13.59 8.52

Shareholders
ROE (%) 17.07 10.80
PT Astra International Tbk 79.68%
Public 20.32% In June

4 Indonesian Capital Market Directory 2011

PT Astra Agro Lestari Tbk. Agriculture, Forestry and Fishing

Board of Commissioners Board of Directors

President Commissioner Prijono Sugiarto President Director Widya Wiryawan
Vice President Commissioner Chiew Sin Cheok Directors Bambang Palgoenadi, Joko Supriyono,
Commissioners Patrick Morris Alexander, H.S. Dillon, Juddy Arianto, Santosa, Jamal Abdul Naseer
Gunawan Geniusahardja, Simon Collier Dixon,
Anugerah Pekerti Number of Employees 25,192
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 1997 1997 125,800,000 125,800,000
2 Company Listing 1997 1998 1,132,200,000 1,258,000,000
3 Bonus Shares 1999 1999 251,600,000 1,509,600,000
4 Option Conversion 2002 2002 12,005,000 1,521,605,000
5 Option Conversion I & II 2002 2002 5,201,500 1,526,806,000
6 Option Conversion II 2002 2002 43,500 1,526,850,000
7 Option Conversion II 2003 2003 15,903,500 1,542,753,500
8 Option II & III Conversion 2004 2004 33,064,500 1,575,818,000
9 Option III Conversion 4-Jan-05 4-Jan-05 95,000 1,575,913,000
10 Option III Conversion 4-Feb-05 4-Feb-05 411,000 1,576,324,000
11 Option III Conversion 4-Mar-05 4-Mar-05 1,002,500 1,577,326,500
12 Option III Conversion 4-Apr-05 4-Apr-05 104,000 1,577,430,500
13 Option III Conversion 4-May-05 4-May-05 243,000 1,577,673,500
Underwriter PT Danareksa Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Stock Price (Rp) Million Shares

30,000 9

8
25,000
7

20,000 6

5
15,000
4

10,000 3

2
5,000
1

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Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11

Institute for Economic and Financial Research 5