Public Expose

July 29th ,2010

PT. HEXINDO ADIPERKASA Tbk

The Companys Profile

PT Hexindo Adiperkasa Tbk was established in Jakarta
and the Companys commercial activity was started in
January 1989.
In February 1995, Hexindo listed its shares in Jakarta
Stock Exchange.
Hexindo extends a one-stop service of heavy
equipment, including 24-hours service, trough its head
office in Jakarta and 34 branch offices that are set up
in Java, Sumatra, Kalimantan, Sulawesi & Papua.

Line of Business consists of Sales of Heavy Machineries,

Parts Sales, Product Support & Full Maintenance
Contract, and Remanufacturing.

BOARD OF COMMISSIONERS
President Commissioner
Commissioner
Commissioner

: Kardinal A. Karim
: Donald Christian
: Harry Danui

BOARD OF DIRECTORS

President Director
Director
Director
Director
Director
Director
Director
Director
Director

:
:
:
:
:
:
:
:
:

Manuntun Situmorang
Toshiaki Takase
Hideo Satake
Yoshiya Hamamachi
Shinichi Hirota
Hideo Kumagai
Tony Endroyoso
Toru Sakai
Shogo Yokoyama

AUDIT COMMITTEE
Chairman
Member
Member

: Harry Danui
: Danny Lolowang
: FX Bambang Wiharto

Network
REGION 1

REGION-III
& MINING

Aceh

Medan

Pekanbaru Branch

Tarakan
Berau

Pontianak

Pekanbaru

Padang

Sangatta
Bontang

Gn.Bayan

Jambi

Balikpapan

Pkl.Pinang

Sampit

Tj.Pandan
Lampung

Jakarta

Satui

Melak
Kideco

Surabaya

Sorong

Palu

Adaro
Batu Licin
Senakin

REGION-II

Semarang

Manado

Samarinda

Banjarmasin

Palembang

REGION-I

MAIN BRANCH
SUB BRANCH
REP OFFICE
MINING PROJECT

Sorowako

REGION 3
Makassar

Newmont

Balikpapan Branch

REGION 2

H.O & JKT Branch

TOTAL POPULATION
11,236 UNITS
(end of June 2010)

Total Sales By Category

442
293

189
148

36
20
92
2006

40
30
119
2007

40
53
200

2008

Equipment & Rental

341

63

60
96

74
204

2009/10

Spare Parts

124

287

2010/11 (P)

16
26
82
2010/11Q1

PS & Maintenance

Equipment Sales By Sector

(Quantity)

461
201
209
510
268
2007
Agro

412
400

366
308

510
350

653
275

420

2008

2009/10

2010/11
(P)

Forestry

432
787

Construction

119115
111211
2010/11
Q1
Mining

Hydraulic Excavator Sales

(Market Share)
APR JUN 2009
KOBE,
171,
17.9%

OTH, 43,
4.5%

953

APR JUN 2010

OTH,
139,
9.3%

HIT, 190,
19.9%

HIT, 372,
24.8%

KOBE,
262,
17.5%

1,497

CAT,
114,
12.0%

KOM,
560,
37.4%

KOM,
435,
45.6%

5,726

APR 09 MAR 2010

CAT,
164,
11.0%

Sales, Gross Profit,

Operating Income & Net Income
442
341
293
148

26
6 4

Cost increased
4% and selling
price increased
1%

189

36
13

68
40
25

2006

2007

2008

Sales

Gross Profit

79
49
34

84
47

124
31

22
12 9

2009/10 2010/11 2010/11

(P)
Q1
Operating Income

Net Income

Current Asset, Non Current Assets, Current Liabilities,

Non Current Liabilities and Equity
600

500
Current Assets

221

400

178
300

151
74

117

200

100

191

65

38

78

95

18

12

40
39

31

104

44

47

70

2006

2007

2008

Non Current Asset

Current Liabilities

36

140

113

113

99

108

119

2009/10

2010/11
Q1

2010/11
P

Non Current Liabilities

Equity

Total Asset and Equity

227

218

44

2006

182

154

139

2007

260

70

47

2008

2009/10

Total Assets

99

2010/11
Q1

108

119

2010/11 P

Equity

Zero short term

Bank Loan

Statements of Income
Account Names

[A] Y2008

Amount
Sales
Gross Profit
Operating Expenses
Operating Income

[B] Y2009

Amount

Other Income (Charges)

Total Non Operating
Income before Tax
Deferred Tax
Income Tax
Net Income

[C] Y2010
Jun)

Amount

253,522

100.0

341,195

100.0

66,010

26.0

79,125

23.2

119.9

(26,947)

-10.6

(30,154)

-8.8

111.9

39,063

15.4

48,972

14.4

125.4

Non Operating
Gain (Loss) Forex

B/A

134.6 123,540
21,859
(9,375)
12,484

(Apr-

[D] Y2010 (Apr'10 Mar'11)

Amount

D/B

100.0

442,223

100.0 129.6

17.7

82,450

18.6 104.2

-7.6

(36,708)

-8.3 121.7

10.1

45,742

10.3

93.4

0.0
(5,215)

-2.1

(308)

-0.1

5.9

(72)

-0.1

(800)

-0.2 259.4

(44)

0.0

(622)

-0.2 1403.2

(66)

-0.1

(1,595)

-0.4 256.6

(5,260)

-2.1

(930)

-0.3

17.7

(137)

-0.1

(2,395)

-0.5 257.5

14.1

142.1

12,346

10.0

0.0

33,803

13.3

48,042

332

0.1

(0)

0.0

-0.1

(10,588)

-4.2

(14,015)

-4.1

132.4

(3,457)

-2.8

23,548

9.3

34,026

10.0

144.5

8,889

7.2

43,347

9.8

90.2

0.0

0.0

(12,137)

-2.7

86.6

31,210

7.1

91.7

Balance Sheets
Account Names

Audited

ACTUAL
Audited

Unaudited

31-Mar-09

31-Mar-10

30-Jun-10

FORECAST
31-Mar-11

Cash & Bank

A/C Receivable
Inventories
Others
TOTAL CURRENT ASSETS

7,920
45,792
90,018
977
144,707

29,058
50,696
96,429
1,933
178,116

28,282
65,965
93,039
3,775
191,062

38,000
66,000
108,000
8,755
220,755

PROPERTY & EQUIPEMNT

INVESTMENT
OTHERS ASSETS

26,667
1,588
6,630

28,808
4,580
6,058

28,655
4,580
2,660

29,989
4,580
4,963

179,592

217,563

226,957

260,287

46,000
27,919
21,120
95,040

0
88,451
24,678
113,129

0
81,428
31,926
113,354

0
105,000
34,287
139,287

8,534

5,233

5,513

2,495

Capital Stock
Additional paid in capital
Retained Earning
TOTAL EQUITY

23,233
7,999
44,787
76,019

23,233
7,999
67,969
99,201

23,233
7,999
76,858
108,090

23,233
7,999
87,273
118,505

TOTAL LIABILITIES & EQUITY

179,592

217,563

226,957

260,287

TOTAL ASSETS
Bank Loan
A/C Payable
Others
TOTAL CURRENT LIABILITIES
LONG TERM LOAN & DEBT

Statements of Cash Flows

ACTUAL
Descriptions

OPERATION

A/C Receivable
A/P Payable
Operating Expenses
Others

FINANCING

INVESTME
NT

C/F from Operation

Apr. 2008 Mar.2009

Apr. 2009 - Mar.

2010

Apr. - Jun. 2010

Apr. 2010 - Mar.

2011

340,449

132,971

454,027

(214,483)

(200,514)

(110,493)

(366,521)

(28,351)

(28,326)

(11,718)

(37,485)

(9,382)

(14,562)

(10,135)

(20,199)

224,228

(27,989)

97,047

Fixed Assets

(9,705)

(4,931)

Investment in share

(1,370)

(2,992)

(11,075)

(7,923)

C/F from Investment

New Bank Loan

FORECAST

624
(179)

29,823
(4,304)

0
(179)

58,074

13,000

(20,560)

(62,961)

(1,082)

(4,012)

Leasing and others

(7,823)

(6,878)

(140)

(385)

Dividen cash
C/F from Financing

(1,611)
28,080

(11,148)
(67,986)

(1,222)

(12,180)
(16,577)

(10,984)

21,138

Bank Loan Payament

Increase (Decrease)
Beginning Balance
Ending Balance

(4,304)

(776)

8,942

18,905

7,920

29,058

29,058

7,920

29,058

28,282

38,000

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Stock Price Movement (Rp.)

High
Low
Close

6000

IDR 5,150

5000

4000

3000

2000

1000

Total Shareholders (June 2010): 517

Whats

Next?

Continuous Improvement

Opening New Branches in Sorong Papua.

Expansion of Branch Offices Palembang & Pontianak.

Opening Training Centre in Balikpapan Office.

Implementation of ISO 9001:2008, ISO 14001:2004,
and OHSAS 18001:2007.
SAP implementation, tools to enhance accounting

system.

Superior Products

EXCAVATOR EX5500

EXCAVATOR ZX110MF

WHEEL LOADER ZW310

RIGID DUMP TRUCK EH4500

EXCAVATOR ZX210MF

ARTICULATED DUMP TRUCK AH400