BVIC Bank Victoria International Tbk.

COMPANY REPORT : JANUARY 2014

As of 30 January 2014

Development Board
Industry Sector : Finance (8)
Industry Sub Sector : Bank (81)

Individual Index
:
Listed Shares
:
Market Capitalization :

111.581
6,564,913,050
774,659,739,900

283 | 0.77T | 0.02% | 98.72%

270 | 0.07T | 0.007% | 99.72%

COMPANY HISTORY
Established Date
: 28-Oct-1992
Listing Date
: 30-Jun-1999
Under Writer IPO :
PT Panin Sekuritas
Securities Administration Bureau :
PT Adimitra Transferindo
Plaza Property 2nd Fl. Komp. Pertokoan Pulomas Blok VIII No. 1

Jln. Perintis Kemerdekaan Jakarta 13210

Phone : (021) 478-81515 (Hunting)
Fax
: (021) 470-9697
BOARD OF COMMISSIONERS
1. Daniel Budirahaju *)
2. Gunawan Tenggarahardja *)
3. Suzanna Tanojo
4. Zaenal Abidin *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Eko Rachmansyah Gindo
2. G. Andrew A. Haswin
3. Oliver Simorangkir
4. Ramon M. Runtu
5. Tamunan
AUDIT COMMITTEE
1. Daniel Budirahaju
2. Retno Dwijanti Widianingsih
3. Tonny Setiadi
CORPORATE SECRETARY
Ruly Dwi Rahayu
HEAD OFFICE
Panin Tower 15th Fl., Senayan City
Jln. Asia Afrika Lot. 19, Kel. Gelora,
Kec. Tanah Abang, Jakarta - 10270
Phone : (021) 727-81800
Fax
: (021) 727-81900
Homepage
Email

: www.victoriabank.co.id
: corsec@victoriabank.co.id
tamunan@victoriabank.co.id

SHAREHOLDERS (January 2014)

1. PT Victoria Investama 3
2. Suzanna Tanojo
3. Atrium Asia Investment Management Pte. Ltd.
4. PT Suryayudha Investindo Cipta
5. Public (<5%)

2,302,017,500
882,000,000
584,723,619
418,953,250
2,377,218,681

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
2000
2009

Shares

Dividend
10.00
8.19

Cum Date
04-Dec-00
02-Dec-09

Recording
Date
08-Dec-00
07-Dec-09

Ex Date
05-Dec-00
03-Dec-09

:
:
:
:
:

34.72%
13.30%
8.82%
6.32%
36.84%

Payment
F/I
Date
22-Dec-00 I
22-Dec-09 F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

Type of Listing
First Issue
Company Listing
Right Issue
Partial Delisting
Warrant I
Warrant III
Warrant IV
Warrant V
Warrant IV & V
Additional Listing without RI
Warrant VI
Warrant V & VI

Shares
250,000,000
278,660,000
4,250,853,762
-7,306,334
66,793,360
240,000,000
345,146,200
480,236,189
200,000,000
403,798,624
56,675,187
56,062

T:
T:
T:
T:
T:
T:
T:

T:

Listing
Date
30-Jun-99
30-Jun-99
27-Sep-00
28-Nov-00
11-Jul-02
02-Sep-04
06-Nov-07
23-Nov-09
06-Jan-11
06-May-11
30-May-12
07-Jun-13

:
:
:
:
:
:
:

Trading
Date
30-Jun-99
29-Feb-00
23-Aug-11
07-Nov-07
23-Oct-02
03-Apr-06
24-Oct-11
16-Jul-13
06-Jan-11
06-May-11
13-Jan-14
07-Jun-13

BVIC Bank Victoria International Tbk.

Closing
Price*

Volume
(Mill. Sh)

180

320

158

280

135

240

113

200

90

160

68

120

45

80

23

40

Jan-10

Jan-11

Jan-12

Jan-13

Jan-14

Closing Price*, Jakarta Composite Index (IHSG) and

Finance Index
January 2010 - January 2014
140%
120%
100%
87.8%

80%

71.6%
60%
40%
20%
-

-4.2%

-20%

Jan 10

Jan 11

Jan 12

Jan 13

Jan 14

SHARES TRADED

2010

2011

2012

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

484
60
12
235

1,687
246
43
237

568
75
27
246

531
72
35
244

2
0.3
0.4
20

Price (Rupiah)
High
Low
Close
Close*

195
120
160
139

184
114
129
129

151
110
117
117

163
107
125
125

128
100
118
118

4.01
6.61
0.70

3.07
6.58
0.53

2.85
17.01
0.54

2.98
16.26
0.48

5.84
PER (X)
16.00
PER Industry (X)
0.84
PBV (X)
* Adjusted price after corporate action

2013 Jan-14

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Bank Victoria International Tbk.
January 2010 - January 2014

Month
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

High
152
154
147
169
168
139
144
140
135
190
195
180

Low
131
122
120
133
120
120
120
125
125
133
166
155

Close
132
124
132
158
139
127
136
126
133
180
174
160

(X)
1,198
1,294
1,734
929
472
121
399
635
412
3,118
807
1,236

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

172
141
150
171
172
184
151
182
158
135
133
137

122
130
125
142
151
138
127
120
115
114
119
121

144
137
149
162
160
142
134
151
128
129
122
129

1,039
281
125
425
1,364
1,931
5,157
18,988
5,205
3,640
1,604
3,030

7,180
1,631
1,371
3,497
25,539
41,582
163,224
1,103,504
162,048
71,060
31,865
74,525

1,093
221
197
552
4,164
6,712
22,175
165,112
23,078
9,046
4,037
9,688

21
16
17
18
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

147
141
142
151
147
125
130
129
124
126
123
130

129
132
131
137
119
114
118
117
117
119
110
115

137
136
138
141
121
119
121
120
122
122
122
117

2,353
1,880
1,977
3,943
2,960
1,081
716
2,059
728
1,546
1,646
6,169

95,798
36,482
44,124
86,157
73,718
20,946
13,116
27,226
11,356
20,855
31,863
106,793

13,094
4,953
6,000
12,413
10,105
2,494
1,615
3,487
1,358
2,534
3,846
13,131

21
21
21
20
21
21
22
19
20
22
20
18

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

120
127
138
156
163
145
143
132
130
133
133
130

115
118
125
130
140
120
118
107
114
116
122
118

119
126
131
154
140
127
125
122
117
131
126
125

741
3,531
2,756
3,232
5,246
528
2,203
321
4,710
11,130
225
347

22,422
54,832
86,983
107,632
101,126
8,254
46,737
8,544
36,704
46,918
4,791
6,297

2,637
6,680
11,491
15,213
15,658
1,082
6,115
1,014
4,531
5,922
621
759

21
20
19
22
22
19
23
17
21
21
20
19

Jan-14

128

100

118

437

2,177

255

20

(Thou. Sh.) (Million Rp)

16,051
2,334
16,036
152,908
21,781
2,901
16,608
2,475
7,243
1,112
3,358
508
130,471
15,734
7,783
1,028
6,954
887
40,774
6,515
68,691
8,838
1,871
11,080

20
19
22
21
18
19
21
19
17
21
20
18

BVIC Bank Victoria International Tbk.

Financial Data and Ratios

Book End : December

Public Accountant : Tjahjadi & Tamara (Member of Morison International)

BALANCE SHEET

Dec-09

Dec-10

Dec-11

Dec-12

Sep-13

23,241

28,921

32,141

36,624

42,694

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash on Hand

Assets

916,800

2,350,364

1,986,318

1,438,692

1,686,747

Marketable Securities

3,059,755

3,690,205

3,208,374

3,951,593

3,753,769

Loans

2,713,514

3,187,219

5,558,636

7,580,958 10,078,209

29

60,467

29,174

29

Fixed Assets

162,745

146,428

158,519

197,375

193,492

Other Assets

6,648

58,889

53,061

46,855

122,683

Placements with Other Banks

Investment

Total Assets

7,359,018 10,304,853 11,802,563 14,352,840 17,164,186

40.03%

Growth (%)
Deposits
Taxes Payable
Fund Borrowings
Other Liabilities
Total Liabilities

60

6,255,725
15,185

14.53%

21.61%

19.59%

39,176

44,272

27,263

40,805

18,329

26,300

7,000
3,500
-

2009

2010

2011

2012

Sep-13

TOTAL EQUITY (Bill. Rp)

9,562,163 10,590,449 12,883,648 15,625,754

42.09%

10.75%

21.65%

21.28%

1,400,000

1,400,000

1,400,000

1,400,000

1,400,000

384,674

409,645

654,767

660,434

663,027

3,847

4,096

6,548

6,604

6,630

100

100

100

100

100

Growth (%)

10,500

75,770

30,288
6,729,657

14,000

9,036,757 10,067,459 12,236,182 14,426,091

39,244

Liabilities

17,500

1,469

1,538

1,212

Authorized Capital
Paid up Capital
Paid up Capital (Shares)
Par Value
Retained Earnings

193,496

303,458

Total Equity

629,350

742,663

1,212,114

1,469,192

1,538,431

18.00%

63.21%

21.21%

4.71%

Growth (%)

502,857 16,692,427

1,225

743

911

629
597

926,749
283

-31

INCOME STATEMENTS

Dec-09

Dec-10

Dec-11

Dec-12

Sep-13

Total Interest Income

623,129

726,443

850,906

1,117,272

1,177,448

16.58%

17.13%

31.30%

Interest Expenses

501,977

607,796

679,074

778,518

809,851

Other Operating Revenue

159,508

314,794

95,311

85,051

86,928

Other Operating Expenses

217,573

304,169

35,459

187,817

191,971

63,087

129,271

231,684

235,987

262,555

104.91%

79.22%

1.86%

Growth (%)

Income from Operations

Growth (%)
-483

2,386

7,554

16,607

13,053

131,657

239,239

252,594

275,608

Provision for Income Tax

16,364

24,856

51,836

47,023

57,284

Profit for the period

46,240

106,802

187,402

205,571

218,324

130.97%

75.47%

9.69%

Period Attributable
Comprehensive Income
Comprehensive Attributable

2011

RATIOS

205,571

218,290

46,240

106,801

210,587

251,411

145,009

205,569

144,975

Dec-09

Dec-10

Dec-11

Dec-12

Sep-13

8.19

31.13

32.92

163.61

181.29

185.12

222.46

232.03

DAR (X)

0.91

0.93

0.90

0.90

0.91

DER(X)

10.69

12.88

8.74

8.77

10.16

0.63

1.04

1.59

1.43

1.27

ROE (%)

7.35

14.38

15.46

13.99

14.19

OPM (%)

10.12

17.80

27.23

21.12

22.30

NPM (%)

7.42

14.70

22.02

18.40

18.54

5.93

ROA (%)

Payout Ratio (%)

Yield (%)

1,177

726
623

457

217

-24

2009

BV (Rp)

EPS (Rp)

Sep-13

851

937

2010

2011

2012

Sep-13

PROFIT FOR THE PERIOD (Bill. Rp)

218

Dividend (Rp)

2012

1,117

1,177

697

62,604

Growth (%)

2010

TOTAL INTEREST INCOME (Bill. Rp)

Income Before Tax

Non-Operating Revenues

2009

187

206

218

174

107

129

85

46
40

-4

2009

2010

2011

2012

Sep-13