Asahimas Flat Glass Tbk.

[S] AMFG
Financial Data and Ratios
Public Accountant : Siddharta & Widjaja (Member of KPMG International) Book End : December

BALANCE SHEET Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010

TOTAL ASSETS AND LIABILITIES
(Million Rp except Par Value) (Billion Rupiah)
Cash & Cash Equivalents 64,235 109,832 260,638 154,676 350,445 2,250
Assets
R
Receivable
i bl 189,613
189 613 271,411
271 411 175
175,181
181 194,697
194 697 203,195
203 195
Liabilities
1,800
Inventories 411,409 425,762 619,342 426,289 451,414
Current Assets 765,759 887,943 1,103,041 786,499 1,023,257 1,350

Fixed Assets 849,066 854,706 874,547 1,143,946 1,076,944

900
Other Assets 4,459 6,950 11,438 15,342 16,861
Total Assets 1,629,669 1,759,800 1,993,033 1,972,397 2,146,892
450
Growth (%) 7.99% 13.25% -1.04% 8.85%
-
Current Liabilities 345,203 313,159 319,553 235,167 285,039 2006 2007 2008 2009 Jun-10
Long Term Liabilities 136,413 146,165 176,239 207,918 203,030
Total Liabilities 481,616 459,324 495,792 443,085 488,069
Growth (%) -4.63% 7.94% -10.63% 10.15% TOTAL EQUITY (Billion Rupiah)

1,659
Minority Interest - - - - - 1,659

1,497 1,529
Authorized Capital 300,000 300,000 300,000 300,000 300,000 1,300
Paid up Capital 217,000 217,000 217,000 217,000 217,000 1,148
1,327

Paid up Capital (Shares) 434 434 434 434 434

995

Par Value 500 500 500 500 500

Retained Earnings 758,034 856,917 1,115,158 1,147,229 1,276,740 664

Total Equity 1,148,053 1,300,476 1,497,241 1,529,312 1,658,823

Growth (%) 13.28% 15.13% 2.14% 8.47% 332

INCOME STATEMENTS Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010

-

2006 2007 2008 2009 Jun-10

Total Revenues 1,541,551 1,909,805 2,235,021 1,912,966 1,138,892
Growth (%) 23.89% 17.03% -14.41%

TOTAL REVENUES (Billion Rupiah)

Expenses 1,267,326 1,365,229 1,546,314 1,601,663 827,162
Gross Profit 274,224 544,576 688,707 311,303 311,730 2,235
2,235

Operating Expenses 266,508 298,092 342,249 219,176 113,982 1,910 1,913

Operating Profit 7,717 246,485 346,458 92,127 197,748
1,542
1,788

Growth (%) 3094.25% 40.56% -73.41%

1,341

1,139
Other Income (Expenses) -30,070 -23,669 -6,002 -703 -746
Income before Tax -17,059 222,816 340,456 91,424 197,002
894

Tax 161 69,682 112,188 24,131 50,132

447

Minority Interest - - - - -
Net Income -17,220 153,134 228,268 67,293 146,870 -

Growth (%) N/A 49.06% -70.52% 2006 2007 2008 2009 Jun-10

RATIOS Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010

Current Ratio (%) 221.83 283.54 345.18 334.44 358.99 NET INCOME (Billion Rupiah)
Dividend (Rp) - 80.00 - 40.00 - 228
EPS (Rp) -39.68 352.84 525.96 155.05 338.41 228

BV (Rp) 2,645.28 2,996.49 3,449.86 3,523.76 3,822.17

DAR (X) 0.30 0.26 0.25 0.22 0.23 153
179

147
DER(X) 0.42 0.35 0.33 0.29 0.29
130

ROA (%) -1.05 12.66 17.08 4.64 9.18

ROE (%) -1.49 17.13 22.74 5.98 11.88 81
67
GPM (%) 17.79 28.51 30.81 16.27 27.37
OPM (%) 0.50 12.91 15.50 4.82 17.36 32

NPM (%) -1.12 8.02 10.21 3.52 12.90

Payout Ratio (%) - 22.67 - 25.80 -
-17

2006 2007 2008 2009 Jun-10

-17
Yield ((%)) - 2.50 - 2.16 -