PT Charoen Pokphand Indonesia Tbk.

Animal Feed and Husbandry

Head Office Jl. Ancol VIII No. 1, Jakarta 14430 Summary of Financial Statement
Phone (021) 691-9999
Fax (021) 690-7324 (Million Rupiah)
E-mail: cpl_jkt@cp.co.id 2011 2012 2013
Website: www.cp.co.id
Total Assets 8,848,204 12,348,627 15,722,197
Factories - Jl. Raya Serang Km. 30, Balaraja-Tangerang,
Current Assets 5,225,833 7,180,890 8,824,900
Banten
of which
- Jl. Raya Surabaya-Mojokerto Km. 26,
Cash and Cash Equivalents 876,198 954,694 1,146,852
Krian, Jatim
Trade receivables 1,353,070 1,793,282 2,503,169
- Jl. Raya Surabaya-Mojokerto Km, 19, Sidoarjo,
Inventories 2,339,543 3,366,317 4,044,737
Jatim Non-Current Assets 3,622,371 5,167,737 6,897,297
- Jl. Pulau Sumbawa No. 5, Km. 105 KIM II, of which
Medan Fixed Assets-Net 3,198,604 4,593,000 6,389,545
- Jl. Raya Semarang-Demak Km. 8, Semarang, Deffered Tax Assets-Net 70,486 92,337 80,396
Jawa Tengah Other Assets 51,645 46,105 49,920
- Jl. Kimia 17 Kav. DD-11, Makassar,
Sulawesi Selatan Liabilities 2,658,734 4,172,163 5,771,297
Business Poultry Feedmill, Processed Chicken & Poultry Current Liabilities 1,357,912 2,167,652 2,327,048
Equipment of which
Company Status PMDN Bank loans 241,360 477,575 121,890
Trade payables 629,253 1,013,746 1,438,618
Financial Performance: Net income increase to IDR2.53 Tax payables 215,865 209,055 343,053
trillion in 2013, compared to IDR2.68 trillion recorded in Accrued expenses 79,227 103,833 109,757
2012. Current maturities of
Brief History: In 1971, the Company obtained the licence long-term debt 36,205 159,852 n.a
from the government of the Republic of Indonesia through For- Non-Current Liabilities 1,300,822 2,004,511 3,444,249
eign Capital Investment Facility, based on Decree No. 616/M/
Shareholders' Equity 6,189,470 8,176,464 9,950,900
SK/XI/1971 dated November 29, 1971 of the ministry of In- Paid-up capital 163,980 163,980 163,980
dustry of the Republic of Indonesia, to establish poultry feeds Paid-up capital
factory in Jakarta on a land area of 2.4 hectares. in excess of par value 121,175 121,175 121,175
The Company started its commercial operations in 1972 Revaluation of fixed assests n.a n.a n.a
with production capacity of 20,000 tons a year. The products Retained earnings 5,904,315 7,891,309 9,665,745
consist of, among others, cattle feeds (cow, pig) and poultry
feeds (layers, broiler and duck). Further, in 1976 and 1979, the Net Sales 17,957,972 21,310,925 25,662,992
Cost of Goods Sold 14,033,726 16,819,413 20,513,184
company expanded its operation to Surabaya and Medan by
Gross Profit 3,924,246 4,491,512 5,149,808
setting up factories with capacity of 24,000 tons and 80,000 Operating Expenses 915,033 1,032,832 1,571,511
tons a year, respectively. After undertaking several production Operating Profit 3,009,213 3,458,680 3,578,297
improvements, presently, the company has a total production Other Income (Expenses) (34,633) (82,181) (126,964)
capacity of 650,000 tons a year in its factories in Jakarta, Sura- Profit (Loss) before Taxes 2,974,580 3,376,499 3,451,333
baya and Medan combined. The factory in Jakarta is situated on Comprehensive Profit (Loss) 2,362,497 2,680,872 2,528,690
a land area of 27,284 square meters (with production capacity
Per Share Data (Rp)
of 200.000 tons a year), in Surabaya on a land area of 42,565
Earnings (Loss) per Share 720 163 154
square meters (with production capacity of 250,000 tons a Equity per Share 1,887 499 607
year), and in Medan on a land area of 17,595 square meters Dividend per Share 42 46.00 46.00
(with production capacity of 200,000 tons a year). Closing Price 2,150 3,650 3,375
Witnessing the increase in the market demand for shrimp
feeds, in 1988, the company decided to expand its business in Financial Ratios
the production of shrimp feeds by establishing a factory with PER (x) 2.98 22.33 21.89
a capacity of 40,000 tons a year in Medan. In connection with PBV (x) 1.14 7.32 5.56
Dividend Payout (%) n.a 0.28 0.30
the Companys effort to strengthen its market position in poul- Dividend Yield (%) n.a 0.09 0.08
try feeds, during the extraordinary shareholders meeting held
on April 24, 1990, the shareholders decided to take over 80% Current Ratio (x) 3.85 3.31 3.79
of the shares of P.T Charoen Pokpand Jaya Farm, a company Debt to Equity (x) 0.43 0.51 0.58
domiciled in Jakarta and engaged in poultry and other animal Leverage Ratio (x) 0.30 0.34 0.37
husbandry. Gross Profit Margin (x) 0.22 0.21 0.20
Operating Profit Margin (x) 0.17 0.16 0.14
Net Profit Margin (x) 0.13 0.13 0.10
Inventory Turnover (x) 6.00 5.00 5.07
Total Assets Turnover (x) 2.03 1.73 1.63
Shareholders ROI (%) 26.70 21.71 16.08
PT Central Agromina 55.53% ROE (%) 38.17 32.79 25.41
UBS AG Singapore Non-Treaty Omnibus
PER = 27,78x ; PBV = 6,66x (June 2014)
Account-2091144090 5.83% Financial Year: December 31
Public 38.64% Public Accountant: Purwantono, Suherman & Surja

42 Indonesian Capital Market Directory 2014

PT Charoen Pokphand Indonesia Tbk. Animal Feed and Husbandry

Board of Commissioners Board of Directors

President Commissioner Hadi Gunawan Tjoe President Director Rusmin Ryadi
Vice President Commissioners Jialipto Jiaravanon, Jiacipto Jiaravanon, Vice President Directors Vinai Rakphongphairoj,
T. Thomas Effendy Peraphon Prayooravong
Commissioners Suparman S., Herman Sugianto Directors Ong Mei Sian, Jemmy, Eddy Dharmawan Mansjoer,
Ferdiansyah Gunawan Tjoe
Number of Employees 4,522
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 18-Mar-91 18-Mar-91 2,500,000 2,500,000
2 Partial Listing 18-Mar-91 18-Jun-91 5,000,000 7,500,000
3 Company Listing 11-Nov-91 18-Nov-91 45,000,000 52,500,000
4 Convertible Bonds 20-Oct-94 20-Oct-94 839,738 53,339,738
5 Convertible Bonds 01-Dec-94 01-Dec-94 2,967,029 56,306,767
6 Right Issue 07-Feb-95 07-Feb-95 56,306,767 112,613,534
7 Stock Split 26-May-97 26-May-97 112,613,534 225,227,068
8 Bonus Shares 02-Jul-97 02-Jul-97 56,306,767 281,533,835
9 Stock Split 15-Jan-01 15-Jan-01 1,126,135,340 1,407,669,175
10 Right Issue 01-Aug-07 01-Aug-07 234,611,529 1,642,280,704
11 Stock Split 1-Nov-07 1-Nov-07 1,642,280,704 3,284,561,408
12 Stock Split 8-Dec-10 8-Dec-10 13,138,245,632 16,422,807,040
13 Buy Back 3-Jan-12 3-Jan-12 -24,807,040 16,398,000,000
Underwriters PT Bahana Securities, PT IndoPremier Securities
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price Shares Traded Trading Listed Market
Month High Low Close Volume Value Frequency Day Shares Capitalization
(Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)
January-13 4,025 3,400 3,875 172,807.00 627,478.00 22,837 21 16,398,000,000 63,542,250.00
February-13 4,675 3,750 4,400 190,399.00 791,775.00 25,887 20 16,398,000,000 72,151,200.00
March-13 5,250 4,325 5,050 357,500.00 1,704,379.00 34,984 19 16,398,000,000 82,809,900.00
April-13 5,100 4,600 5,050 221,332.00 1,063,057.00 26,573 22 16,398,000,000 82,809,900.00
May-13 5,550 4,750 4,950 191,522.00 967,147.00 29,496 22 16,398,000,000 81,170,100.00
June-13 5,150 4,275 5,150 269,464.00 1,289,057.00 45,241 19 16,398,000,000 84,449,700.00
July-13 5,150 4,125 4,300 242,064.00 1,093,933.00 44,340 23 16,398,000,000 70,511,400.00
August-13 4,375 2,550 3,375 253,915.00 878,789.00 35,992 17 16,398,000,000 55,343,250.00
September-13 4,600 2,575 3,400 439,354.00 1,528,570.00 49,512 21 16,398,000,000 55,753,200.00
October-13 4,175 3,450 390 178,401.00 684,777.00 26,508 21 16,398,000,000 63,952,200.00
November-13 4,000 3,400 3,400 174,913.00 655,437.00 25,525 20 16,398,000,000 55,753,200.00
December-13 3,575 3,100 3,375 140,288.00 469,316.00 22,346 19 16,398,000,000 55,343,250.00
January-14 4,225 3,260 4,135 197,493.00 749,683.00 52,996 20 16,398,000,000 67,805,730.00
February-14 4,245 3,840 4,235 164,966.00 664,928.00 39,926 20 16,398,000,000 69,445,530.00
March-14 4,500 3,950 3,995 218,463.00 911,471.00 52,039 20 16,398,000,000 65,510,010.00
April-14 4,280 3,770 3,770 207,713.00 833,655.00 55,123 20 16,398,000,000 61,820,460.00
May-14 4,025 3,690 3,775 202,005.00 788,856.00 36,562 18 16,398,000,000 61,902,450.00
June-14 3,940 3,700 3,770 94,959.00 363,997.00 37,159 21 16,398,000,000 61,820,460.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
6,000 30,000

5,000 25,000

4,000 20,000

3,000 15,000

2,000 10,000

1,000 5,000

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 43