BSIM Bank Sinarmas Tbk.

COMPANY REPORT : JANUARY 2017 As of 31 January 2017

Main Board Individual Index : 586.554
Industry Sector : Finance (8) Listed Shares : 15,053,796,056
Industry Sub Sector : Bank (81) Market Capitalization : 12,946,264,608,160
75 | 12.9T | 0.23% | 80.96%

210 | 0.48T | 0.03% | 98.58%

COMPANY HISTORY SHAREHOLDERS (January 2017)

Established Date : 18-Aug-1989 1. PT Sinarmas Multiartha Tbk. 8,550,092,040 : 56.80%
Listing Date : 13-Dec-2010 2. Public (<5%) 6,503,704,016 : 43.20%
Under Writer IPO :
PT Sinarmas Sekuritas DIVIDEND ANNOUNCEMENT
Securities Administration Bureau : Bonus Cash Recording Payment
F/I
PT Sinartama Gunita Year Shares Dividend Cum Date Ex Date Date Date
Sinar Mas Land Plaza Menara I, 9th Fl. -
Jln. M.H. Thamrin No. 51, Jakarta 10350
Phone : (021) 392-2332 ISSUED HISTORY
Fax : (021) 392-3003 Listing Trading
No. Type of Listing Shares Date Date
BOARD OF COMMISSIONERS 1. First Issue 1,600,000,000 13-Dec-10 13-Dec-10
1. Tjendrawati Widjaja 2. Company Listing 5,588,495,000 13-Dec-10 13-Dec-10
2. Rusmin *) 3. Warrant I 3,700,369,015 T: 16-Jun-11 : 16-Dec-15
3. Sammy Kristamuljana *) 4. Warrant II 1,835,134,786 T: 01-Feb-13 : 06-Jan-17
*) Independent Commissioners 5. Warrant I & II 406,866,084 T: 08-Feb-13 : 16-Jan-15
6. Additional Listing without Right Issue 886,971,489 T: 31-Oct-14 : 24-Nov-14
BOARD OF DIRECTORS 7. Right Issue II 1,089,274,037 T: 18-May-16 : 02-Jun-16
1. Freenyan Liwang 8. Unlisted -53,344,355 02-Jun-16 02-Jun-16
2. Soejanto Soetjijo 9. Warrant III 30,000 06-Jan-17 06-Jan-17
3. Salis Teguh Hartono
4. Loa Johnny Mailoa
5. Heru Agus Wuryanto
6. Frenky Tirtowijoyo Susilo
7. Halim
8. Hanafi Himawan

AUDIT COMMITTEE
1. Rusmin
2. Ketut Sanjaya
3. Rusli Prakarsa

CORPORATE SECRETARY
Dodo Suyanto

HEAD OFFICE
BII Plaza III, 12th Fl.
Sinar Mas Land Plaza - Menara I, 8th Fl, Jln. M.H. Thamrin No.51
Jakarta 10350
Phone : (021) 319-90101
Fax : (021) 398-35516

Homepage : www.banksinarmas.com
Email : dodo.suyanto@banksinarmas.com
 BSIM Bank Sinarmas Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Bank Sinarmas Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2013 - January 2017 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
1,000 480 Jan-13 235 215 230 337 1,806 404 20
Feb-13 275 220 250 3,189 21,220 5,328 19
875 420 Mar-13 290 240 255 14,206 75,811 20,237 19
Apr-13 305 245 255 16,056 110,721 31,442 22
May-13 260 245 255 878 11,052 2,800 22
750 360
Jun-13 255 220 225 410 4,359 1,016 19
Jul-13 240 225 235 313 3,202 737 23
625 300
Aug-13 240 225 225 1,079 5,467 1,260 17
Sep-13 240 225 230 411 4,876 1,113 21
500 240
Oct-13 250 225 250 375 2,504 585 21
Nov-13 255 235 245 385 4,220 1,038 20
375 180 Dec-13 245 230 240 627 4,822 1,173 19

250 120 Jan-14 253 235 250 301 6,541 1,614 20

Feb-14 255 249 250 269 8,024 2,006 19
125 60 Mar-14 252 236 252 121 3,336 817 19
Apr-14 275 250 274 302 5,125 1,344 20
May-14 275 269 270 491 6,526 1,762 18
Jun-14 284 270 280 4,140 48,675 13,617 19
Jan-13 Jan-14 Jan-15 Jan-16 Jan-17
Jul-14 285 262 284 2,740 330,267 92,473 18
Aug-14 284 272 280 864 2,055 574 19
Sep-14 288 271 283 3,537 7,661 2,161 22
Closing Price*, Jakarta Composite Index (IHSG) and Oct-14 284 263 275 207 1,383 376 17
Finance Index Nov-14 280 240 270 876 1,709 461 13
January 2013 - January 2017 Dec-14 339 273 339 5,990 17,003 5,117 20
315%
Jan-15 375 290 347 3,399 11,183 4,040 21
283.5%
270% Feb-15 395 300 393 1,148 12,303 4,550 17
Mar-15 410 370 406 470 16,327 6,602 22
225% Apr-15 410 380 400 368 75,463 30,211 20
May-15 405 375 385 308 5,380 2,151 17
180% Jun-15 400 350 375 871 2,311 868 21
Jul-15 399 370 385 710 225,542 90,185 17
Aug-15 400 365 370 390 10,656 3,945 18
135%
Sep-15 500 370 490 912 13,773 6,480 21
Oct-15 490 440 485 224 4,888 2,364 19
90%
Nov-15 487 431 450 292 10,882 5,150 21
Dec-15 445 380 394 101 262 106 16
45% 45.5%
21.8% Jan-16 442 350 430 280 3,482 1,381 19
- Feb-16 505 420 500 666 9,298 4,533 20
Mar-16 495 460 490 53 575 271 13
-45% Apr-16 469 395 405 73 1,175 476 12
Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 May-16 450 378 430 444 4,377 1,767 19
Jun-16 540 430 530 332 6,218 3,092 22
Jul-16 800 490 800 694 41,859 27,211 12
SHARES TRADED 2013 2014 2015 2016 Jan-17 Aug-16 850 695 810 949 17,130 13,431 22
Volume (Million Sh.) 250 438 389 613 5 Sep-16 825 700 800 529 13,746 10,347 21
Value (Billion Rp) 67 122 157 473 4 Oct-16 890 725 870 634 507,351 404,303 21
Frequency (Thou. X) 38 20 9 5 0.4 Nov-16 950 835 855 447 6,215 5,367 22
Days 242 224 230 220 21 Dec-16 880 845 870 131 1,443 1,253 17

Price (Rupiah) Jan-17 870 750 860 350 4,795 3,785 21

High 305 339 500 950 870
Low 215 235 290 350 750
Close 240 339 394 870 860
Close* 239 338 393 870 860

PER (X) 14.23 18.88 29.81 18.67 18.46

PER Industry (X) 17.20 27.72 25.09 20.71 21.21
PBV (X) 1.14 1.07 0.97 1.78 1.76
* Adjusted price after corporate action
 BSIM Bank Sinarmas Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Mulyamin Sensi Suryanto & Lianny (Member of Moore Stephens International Limited)

BALANCE SHEET Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash on Hand 283,214 375,908 370,991 487,483 410,976 28,750

Placements with Other Banks 553,334 1,510,764 1,693,348 2,272,655 2,364,914

1,232,912 1,355,092 1,457,330 2,643,505 2,367,158 23,000
Marketable Securities
Loans 10,293,836 10,909,738 14,223,357 17,327,762 18,430,769
17,250
Investment - - - - -
Fixed Assets 494,110 544,440 584,058 1,035,570 1,040,698
11,500
Other Assets 163,963 221,689 251,986 353,177 505,777
Total Assets 15,151,892 17,447,455 21,259,549 27,868,688 28,483,208
5,750
Growth (%) 15.15% 21.85% 31.09% 2.21%
-
Deposits 13,013,049 14,075,742 17,712,428 23,471,611 23,476,017 2012 2013 2014 2015 Sep-16
Taxes Payable 18,844 31,878 28,224 42,601 25,501
Fund Borrowings - - - - -
Other Liabilities 10,542 12,029 16,280 43,950 117,151 TOTAL EQUITY (Bill. Rp)
Total Liabilities 13,326,284 14,693,195 18,099,067 24,199,077 24,052,706 4,431
Growth (%) 10.26% 23.18% 33.70% -0.60% 4,431

3,670

2,000,000 2,000,000 2,000,000 2,000,000 6,000,000 3,160

Authorized Capital
3,527

2,754
Paid up Capital 1,028,384 1,311,688 1,404,017 1,415,200 1,524,998
10,284 13,117 14,040 14,152 15,250
2,623

Paid up Capital (Shares) 1,826

Par Value 100 100 100 100 100 1,719

Retained Earnings 488,250 709,350 864,282 1,045,250 1,362,464

Total Equity 1,825,608 2,754,260 3,160,482 3,669,611 4,430,502 815

Growth (%) 50.87% 14.75% 16.11% 20.73%

-89

2012 2013 2014 2015 Sep-16

INCOME STATEMENTS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16
Total Interest Income 1,451,584 1,390,147 1,794,506 2,379,676 1,901,635
Growth (%) -4.23% 29.09% 32.61%
TOTAL INTEREST INCOME (Bill. Rp)

Interest Expenses 671,392 563,787 806,881 1,048,493 738,846 2,380

Other Operating Revenue 171,150 275,230 251,106 446,237 538,213

2,380

1,902
Other Operating Expenses 665,863 815,490 1,037,836 1,538,467 1,408,538 1,894
1,795
Income from Operations 285,479 286,100 200,895 238,953 396,518 1,452 1,390
Growth (%) 0.22% -29.78% 18.94% 1,409

Non-Operating Revenues - - - - - 923

Income Before Tax 285,479 286,100 200,895 238,953 396,518

Provision for Income Tax 57,573 65,000 45,963 53,800 79,304
438

Profit for the period 227,906 221,100 154,932 185,153 317,214 -48

Growth (%) -2.99% -29.93% 19.51% 2012 2013 2014 2015 Sep-16

Period Attributable 227,906 221,100 154,932 185,153 317,214

Comprehensive Income 233,351 221,156 159,624 486,604 328,289 PROFIT FOR THE PERIOD (Bill. Rp)
Comprehensive Attributable - 221,156 159,624 486,604 328,289
317
317

RATIOS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16

- - - - - 228 221
Dividend (Rp)
253

EPS (Rp) 22.16 16.86 11.03 13.08 20.80 185

177.52 209.98 225.10 259.30 290.53 155
BV (Rp)
188

DAR (X) 0.88 0.84 0.85 0.87 0.84 123

DER(X) 7.30 5.33 5.73 6.59 5.43

ROA (%) 1.50 1.27 0.73 0.66 1.11 58

ROE (%) 12.48 8.03 4.90 5.05 7.16

OPM (%) 19.67 20.58 11.20 10.04 20.85
-6

2012 2013 2014 2015 Sep-16

NPM (%) 15.70 15.90 8.63 7.78 16.68
Payout Ratio (%) - - - - -
Yield (%) - - - - -