PTSieradProduceTbk.

Business

Integratedpoultry,fastfoodand
Restaurantfranchising

CompanyStatus

PMDN

Underwriter

PTLippoSecuritiesTbk

Shareholder
2000
PTAnwarSierad
Public

2001
54.72% PTAnwarSieradTbk
45.28% MerrillLynch,PierceFennerandSmith(Hongkong)
Public

2005
PTSietekNusantaraFinance
Public

2006
4.32% PTSietekNusantaraFinance
95.68% Public

2002
54.72% PTSietekNusantaraFinance
6.84% Public
38.44%

2007
3.14% PTSietekNusantaraFinance
96.86% Public

2003
2.76% PTSietekNusantaraFinance
97.24% Public

2008
3.14% PTSietekNusantaraFinance
96.86% Public

2004
2.76% PTSietekNusantaraFinance
97.24% Public

2.76%
97.24%

2009
3.14% PTSietekNusantaraFinance
96.86% Public

3.14%
96.86%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000

President Commissioner
Commissioners

Antonius Sujata
Moeljadi Oetji, Belinda Tek Lu Bi Lien,
Sri Lestari Anwar, Herlambang A. Alim,
Darvid Sendjaja

President Director
Directors

Budiardjo Tek
FX. Awi Tantra, Harry Soegiarto

+/- 4,000

2001

President Commissioner
Commissioners

Antonius Sujata, SH
Moeljadi Oetji, Belinda Tek Lu Bi Lien,
Sri Lestari Anwar

President Director
Directors

Budiardjo Tek
FX. Awi Tantra, Harry Soegiarto,
Antonius Yunus Supit

4,320

2002

President Commissioner
Commissioners

Antonius Sujata, SH
DR. Johan Effendy, Belinda Tek Lu Bi Lien,
Sri Lestari Anwar

President Director
Directors

Budiardjo Tek
FX. Awi Tantra, Rodolfo Paguia Pantoja,
Antonius Yunus Supit

6,062

2003

President Commissioner
Commissioners

Antonius Joenoes Supit

DR. Djohan Effendy, Sri Lestari Anwar,
Moeslim Abdurahman

President Director
Directors

Budiardjo Tek
FX. Awi Tantra, Rodolfo Paguia Pantoja,
Raymond Wawolumaya

4,449

2004

President Commissioner
Commissioners

Antonius Joenoes Supit

Drs. Djohan Effendy
Sri Lestari Anwar
Moeslim Abdurahman

President Director
Directors

Budiardjo Tek
FX. Awi Tantra
Rodolfo Paguia Pantoja
Eko Putro Sandjojo

4,294

2005

President Commissioner
Vice President Commissioner
Commissioners

Budiardjo Tek
Antonius Joenoes Supit
Drs. Djohan Effendy, Sri Lestari Anwar

President Director
Vice President Director
Directors

Eko Putro Sandjojo

Rodolfo P. Pantoja
FX. Awi Tantra, Ir. Albert Sitorus

4,294

2006

President Commissioner
Commissioners

Antonius Joenoes Supit

DR. Djohan Effendi
Sri Lestari Anwar
Fransiscus Xaverius Awi Tantra

President Director
Directors

Budiardjo Tek
Erik Harimurti Surono
Ir. Albert Sitorus
Sik Wei Tjien
Helena Megawati Wardoyo
Sri Sumiyarsi

3,688

2007

President Commissioner
Commissioners

Antonius Joenoes Supit

DR. Djohan Effendy, Sri Lestari Anwar,
Fransiscus Xaverius Awi Tantra

President Director
Directors

Budiardjo Tek
Erik Harimurti Surono, Ir. Albert Sitorus,
Sik Wei Tjien, Helena Megawati Wardoyo,
Sri Sumiyarsi

2,229

2008

President Commissioner
Commissioners

Antonius Joenoes Supit

DR. Djohan Effendy, Sri Lestari Anwar,
Fransiscus Xaverius Awi Tantra

President Director
Vice President Director
Directors

Budiardjo Tek
Rodolfo Paquia Pantoja
Erik Harimurti Surono, Sri Sumiyarsi,
Sik Wei Tjien, Helena Megawati Wardoyo

2,229

2009

President Commissioner
Commissioners

Antonius Yunus Supit

DR. Djohan Effendy
Sri Lestari Anwar
Fransiscus Xaverius Awi Tantra
Anto Budi Setiawan Hudyana

President Director
Vice President Director
Directors

Budiardjo Tek
Eko Putro Sandjojo
Rodolfo Paquia Pantoja
Sudirman

1,784

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time deposits
Trade receivables
Inventories
Receivable from affiliates
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets
Investments
Other Assets
Liabilities
Current Liabilities
of which
Bank loans
Short-term debt
Bank borrowings
Trade payables
Taxes payable
Accrued expenses
Deferred income
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Government of Indonesia
Non-Current Liabilities
Minority Interests in Subsidiaries
Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed assets
Retained earnings (accumulated loss)

1998

1999

2000

1,494,139
422,672

1,498,795
529,333

1,646,210
582,885

63,302

60,121

35,928

(million rupiah)
2001

2,002

2,003

2004

2005

1,314,480
499,934

1,149,368
441,791

1,265,566
422,141

1,254,009
450,655

1,157,773
393,050

28,575

29,094

15,794

12,823
8,082

208,388
111,531

244,074
177,845

202,939
245,587

156,171
252,921

382,121

338,337

365,988

370,470

1,915
687,431

1,915
629,211

3,830
693,507

3,791
440,284

2,138,442
2,099,331

1,998,556
1,988,738

3,253,127
3,248,813

1,275,719
235,969

125,280
202,218

151,626
175,659

157,542
178,808

164,845
102,913

707,577

843,425

803,354

764,723

457,584
173,951
4,025

645,158
103,032
n.a

579,419
136,029
n.a

548,958
132,890
n.a

1,074,223
130,174

1,058,905
124,612

1,201,777
173,121

213,911
199,383

89,559
16,756

80,131
14,310

128,937
13,736

121,814
18,837

376

469

411

609

512,187

1,454,094

896,127
25,306

82,393

219,395

182,595

37,380

9,383

2,390

1,039,364

436

1,923

386

944,048
364

934,293
285

1,028,656
202

14,528
236

38,760
2,317,559

74,781
2,317,559

206,376
2,317,559

52,209
2,317,559

943,626
3,184,292

987

1,732
(644,304)
365,500
100,998

(499,760)
365,500
73,973

(1,606,917)
365,500
90,130

90,130

90,130

90,130

90,130

237,474

(1,110,801)

(939,233)

(2,062,546)

(2,368,929)

(2,332,908)

(2,201,314)

(2,355,480)

(2,478,140)

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

571,685
434,221
137,465
160,520
(23,056)
(926,728)
(949,783)
(683,341)

768,872
672,700
96,172
98,735
(2,563)
176,471
173,908
120,777

1,073,702
961,623
112,080
95,309
16,771
(626,177)
(609,407)
(477,626)

1,307,868
1,194,390
113,479
98,372
15,106
(48,870)
(33,763)
(300,762)

1,315,702
1,182,988
132,714
106,406
26,308
105,872
132,180
(74,369)

1,126,708
1,054,203
72,505
112,544
(40,039)
5,800
(34,239)
(105,719)

1,353,621
1,283,986
69,636
138,694
(69,058)
(117,773)
(186,831)
(154,346)

1,425,223
1,396,412
28,811
113,675
(84,864)
(33,756)
(118,620)
(122,480)

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price

(935)
(881)
50

165
(684)
225

(653)
(2,198)
95

(65)
8
55

(10)
10
n.a
20

(15)
28
n.a
40

(213)
72
n.a
105

(13)
101
n.a
90

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)

(0.05)
(0.06)
-

1.36
(0.33)
-

(0.15)
(0.04)
-

(0.85)
6.58
-

(2.08)
2.07
n.a
n.a

(2.74)
1.40
n.a
n.a

(0.49)
1.46
n.a
n.a

(6.88)
0.89
n.a
n.a

0.20
n.a.
1.43
0.24
n.a.
n.a.
3.89
0.38
(45.73)
n.a.

0.27
n.a.
1.33
0.13
n.a.
0.16
3.78
0.51
8.06
(24.17)

0.18
n.a.
1.98
0.10
0.02
n.a.
3.92
0.65
(29.01)
(29.72)

2.12
n.a.
0.97
0.09
0.01
n.a.
4.72
0.99
(22.88)
775.95

3.39
14.36
0.93
0.10
0.02
n.a
5.85
1.14
(6.47)
(99.45)

3.39
5.13
0.84
0.06
n.a
n.a
6.00
0.89
(8.35)
(51.23)

2.60
23.02
0.96
0.05
n.a
n.a
7.18
1.08
(12.31)
(295.63)

1.97
0.23
0.18
0.02
n.a
n.a
13.57
1.23
(10.58)
(12.98)

1998

1999
0.31
(22.43)
34.49
(118)

2000
9.84
221.54
39.65
(495)

2001
(20.15)
(102.41)
21.81
(37)

2,002
(12.56)
92.93
0.60
(75)

2,003
10.11
175.97
(14.36)
42

2004
(0.91)
(74.70)
20.14
46

2005
(7.67)
1,707.40
5.29
(21)

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

SUMMARY OF FINANCIAL STATEMENT

PT. Sierad Produce Tbk. (SIPD)

2,006
TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
DefferedTaxAssets
Investments
Liabilities
CurrentLiabilities
ofwhich
Tradepayables
Taxespayable
Currentmaturities
oflongtermdebt
NonurrentLiabilities
MinorityInterestsinSubsidiaries
Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings(accumulatedloss)
NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes
PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice
FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)
CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)
PER=41.34x;PBV=0.47x(June2009)
FinancialYear:December31
PublicAccountant:AryantoAmirYusuf&Mawar

(millionrupiah)
2007

2008

1,113,796
436,225

1,294,773
650,885

1,384,707
752,241

16,679
169,482
150,153
677,571

9,052
202,598
312,631
643,888

46,047
244,167
292,499
632,466

447,080
100,296
n.a

485,504
74,664
n.a

479,497
57,858
n.a

128,990
115,042

288,737
270,544

351,417
329,378

81,250
8,772

150,708
9,607

86,974
10,521

520
13,948
226

84,947
18,192
225

213,424
22,039
225

984,580
3,184,292

1,005,811
3,184,292

1,033,064
3,184,292

237,474
(2,437,186)

237,474
(2,415,955)

237,474
(2,388,702)

1,111,242
938,642
172,600
104,342
68,258
1,673
69,931
40,954

1,632,454
1,473,864
158,590
109,673
48,917
(2,086)
46,831
21,196

2,331,686
2,115,924
215,762
141,309
74,453
(30,394)
44,059
27,254

4
105
n.a
50

2
107
n.a
67

3
110
n.a
50

11
0
n.a
n.a

29.60
0.62
n.a
n.a

17.18
0.45
n.a
n.a

2.41
0.29
0.22
0.10
3.00
1.30
4.71
1.26
1.64
2.11

2.28
0.34
0.25
0.09
3.19
1.17
7.23
1.68
1.97
2.64

3.79
0.13
0.12
0.16
6.14
3.69
6.25
1.00
3.68
4.16