EXCL XL Axiata Tbk.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018

Main Board Individual Index : 1,970.414
Industry Sector : Infrastructure, Utilities & Transportation (7) Listed Shares : 10,687,960,423
Industry Sub Sector : Telecommunication (73) Market Capitalization : 31,957,001,664,770
42 | 32.0T | 0.44% | 71.60%

66 | 6.82T | 0.36% | 79.56%

COMPANY HISTORY SHAREHOLDERS (January 2018)

Established Date : 06-Oct-1989 1. Axiata Investments (Indonesia) Sdn. Bhd. 7,092,656,612 : 66.36%
Listing Date : 29-Sep-2005 2. Public (<5%) 3,595,303,811 : 33.64%
Underwriter IPO :
PT CIMB Niaga Securities DIVIDEND ANNOUNCEMENT
PT GK Goh Indonesia Bonus Cash Recording Payment
F/I
Securities Administration Bureau : Year Shares Dividend Cum Date Ex Date Date Date
PT Datindo Entrycom 2006 7.00 22-May-07 23-May-07 25-May-07 11-Jun-07 I
Galca Building 2nd Floor, Datindo Entrycom 2007 20.00 28-Apr-08 29-Apr-08 02-May-08 16-May-08 F
Jl. Hayam Wuruk No.28 2010 107.00 11-May-11 12-May-11 16-May-11 31-May-11 F
Phone : (021) 350-8077 2011 129.88 20-Apr-12 23-Apr-12 25-Apr-12 09-May-12 F
Fax : (021) 350-8078 2012 135.00 02-May-13 03-May-13 07-May-13 22-May-13 F
2013 64.00 13-May-14 14-May-14 19-May-14 04-Jun-14 F
BOARD OF COMMISSIONERS
1. Muhamad Chatib Basri ISSUED HISTORY
2. David Robert Dean *) Listing Trading
3. Kenneth Shen No. Type of Listing Shares Date Date
4. Mohd Khairil Abdullah 1. First Issue 1,427,500,000 29-Sep-05 29-Sep-05
5. Muliadi Rahardja *) 2. Company Listing 5,662,500,000 29-Sep-05 29-Sep-05
6. Peter J. Chambers 3. Right Issue 1,418,000,000 16-Dec-09 16-Dec-09
7. Tan Sri Jamaludin Ibrahim 4. Additional Listing without RI 10,566,332 26-Apr-11 26-Apr-11
8. Vivek Sood 5. Long Term Incentive Program 7,710,279 16-Apr-12 16-Apr-12
9. Yasmin Stamboel Wirjawan *) 6. Long Term Incentive Program 8,214,056 12-Apr-13 12-Apr-13
*) Independent Commissioners 7. Long Term Incentive Program 6,891,003 21-Apr-15 21-Apr-15
8. Long Term Incentive Program 8,986,668 04-Apr-16 04-Apr-16
BOARD OF DIRECTORS 9. Right Issue II 103,889,680 25-May-16 25-May-16
1. Dian Siswarini 10. Right Issue II 1,453,844,085 26-May-16 26-May-16
2. Abhijit Navalekar 11. Right Issue II 20,855,009 27-May-16 27-May-16
3. Allan Bonke 12. Right Issue II 167,112,008 01-Jun-16 01-Jun-16
4. Mohamed Adlan Bin Ahmad Tajudin
5. Willem Lucas Timmermans
6. Yessie D. Yosetya

AUDIT COMMITTEE
1. Yasmin Stamboel Wirjawan
2. Haryanto Thamrin
3. Paul Capelle

CORPORATE SECRETARY
Murni Nurdini

HEAD OFFICE
XL Axiata Tower
Jln. H.R. Rasuna Said Blok X5 Kav. 11-12
Kunungan Timur, Setia Budi, Jakarta Selatan 12950
Phone : (021) 576-1881
Fax : (021) 576-1880

Homepage : www.xl.co.id
Email : murni@xl.co.id
dwiyania@xl.co.id
corpsec@xl.co.id
 EXCL XL Axiata Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
XL Axiata Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2014 - January 2018 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
7,000 240 Jan-14 5,300 4,850 4,850 22,225 99,350 503,950 20
Feb-14 5,000 4,300 4,650 32,727 103,733 480,312 20
6,125 210 Mar-14 4,550 3,990 4,400 33,592 97,339 421,072 20
Apr-14 5,175 4,365 5,175 28,635 305,643 1,568,654 20
May-14 5,575 4,860 5,475 26,302 109,043 573,104 18
5,250 180
Jun-14 5,450 4,900 5,100 28,657 67,767 345,596 21
Jul-14 5,525 5,000 5,400 20,387 53,902 286,216 18
4,375 150
Aug-14 6,025 5,375 5,950 31,608 337,915 1,932,196 20
Sep-14 7,075 5,400 6,200 34,983 190,918 1,228,932 22
3,500 120
Oct-14 6,300 5,125 5,525 32,758 156,530 919,631 23
Nov-14 5,525 4,980 5,100 27,877 126,255 658,998 20
2,625 90 Dec-14 5,150 4,580 4,865 37,529 141,702 691,756 20

1,750 60 Jan-15 5,000 4,300 4,800 47,136 229,930 1,060,346 21

Feb-15 5,225 4,610 4,795 32,949 121,070 593,061 19
875 30 Mar-15 4,800 4,175 4,350 49,816 230,600 1,018,405 22
Apr-15 4,450 3,905 4,035 37,660 195,169 838,312 21
May-15 4,350 3,800 4,290 29,621 100,898 407,344 19
Jun-15 4,460 3,650 3,685 31,254 164,023 677,856 21
Jan-14 Jan-15 Jan-16 Jan-17 Jan-18
Jul-15 3,710 2,750 2,965 35,973 141,421 452,658 19
Aug-15 3,120 2,340 3,000 40,431 130,973 374,144 20
Sep-15 3,000 2,240 2,615 27,068 96,437 238,542 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-15 3,475 2,460 3,115 42,057 165,166 522,333 21
Infrastructure, Utilities and Transportation Index Nov-15 3,900 2,975 3,460 35,281 106,369 369,303 21
January 2014 - January 2018 Dec-15 4,005 3,500 3,650 43,055 153,235 576,473 19
60%
52.7% Jan-16 3,860 3,290 3,675 47,353 114,613 409,075 20
45% Feb-16 4,150 3,590 3,900 61,342 206,204 808,969 20
Mar-16 4,275 3,840 4,000 44,334 138,315 559,520 21
30% Apr-16 4,010 3,440 3,520 40,185 78,577 298,065 21
23.8% May-16 3,550 3,150 3,530 47,703 342,007 1,139,950 20
15% Jun-16 3,920 3,400 3,670 49,695 256,584 944,220 22
Jul-16 3,950 3,540 3,710 48,090 253,208 948,865 16
Aug-16 3,800 2,680 2,840 85,722 545,675 1,743,794 22
-
Sep-16 2,960 2,460 2,700 75,887 422,146 1,137,173 21
Oct-16 2,790 2,150 2,200 46,355 315,819 779,250 21
-15%
Nov-16 2,620 2,030 2,300 66,798 388,759 893,538 22
Dec-16 2,400 2,180 2,310 33,998 124,490 286,063 20
-30%

Jan-17 2,980 2,250 2,910 36,546 206,007 557,924 21

-41.1%
-45% Feb-17 3,250 2,780 2,990 39,289 221,355 670,805 19
Mar-17 3,310 2,810 3,060 43,717 192,125 592,123 22
-60% Apr-17 3,270 2,900 3,210 31,037 97,559 298,121 17
Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 May-17 3,240 2,950 2,960 35,951 172,270 524,656 20
Jun-17 3,500 2,970 3,410 41,683 151,385 497,833 15
Jul-17 3,410 3,110 3,360 37,373 148,190 484,910 21
SHARES TRADED 2014 2015 2016 2017 Jan-18 Aug-17 3,800 3,350 3,600 33,181 196,682 693,732 22
Volume (Million Sh.) 1,790 1,835 3,186 2,147 152 Sep-17 4,060 3,600 3,740 31,095 180,749 692,003 19
Value (Billion Rp) 9,610 7,129 9,948 6,906 473 Oct-17 3,750 3,230 3,380 41,507 195,950 683,307 22
Frequency (Thou. X) 357 452 647 460 53 Nov-17 3,600 2,890 3,080 52,484 215,957 710,555 22
Days 242 244 246 238 22 Dec-17 3,150 2,810 2,960 36,156 169,244 500,111 18

Price (Rupiah) Jan-18 3,380 2,850 2,990 53,360 151,553 472,626 22

High 7,075 5,225 4,275 4,060 3,380
Low 3,990 2,240 2,030 2,250 2,850
Close 4,865 3,650 2,310 2,960 2,990
Close* 4,799 3,600 2,310 2,960 2,990

PER (X) -34.55 -1,230.41 115.94 84.31 85.16

PER Industry (X) 20.04 9.49 8.16 16.02 16.44
PBV (X) 2.97 2.21 1.18 1.46 1.48
* Adjusted price after corporate action
 EXCL XL Axiata Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Tanudiredja, Wibisana, Rintis & Partners (Member of PricewaterhouseCoopers Global Network)

BALANCE SHEET Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 1,317,996 6,951,316 3,311,867 1,399,910 2,455,343 75,000

Receivables 1,332,444 264,902 1,285,195 662,711 808,753

49,218 77,237 78,979 161,078 143,303 60,000
Inventories
Current Assets 5,844,114 13,309,762 10,151,586 6,806,863 7,180,742
45,000
Fixed Assets 30,928,452 35,859,030 33,426,750 33,182,920 34,933,877
Other Assets 468,199 412,648 415,666 353,402 277,396
30,000
Total Assets 40,277,626 63,706,488 58,844,320 54,896,286 56,321,441
Growth (%) 58.17% -7.63% -6.71% 2.60% 15,000

Current Liabilities 7,931,046 15,398,292 15,748,214 14,477,038 15,226,516 -

Long Term Liabilities 17,046,433 34,347,571 29,004,471 19,210,103 19,464,075 2013 2014 2015 2016 2017
Total Liabilities 24,977,479 49,745,863 44,752,685 33,687,141 34,690,591
Growth (%) 99.16% -10.04% -24.73% 2.98%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 2,265,000 2,265,000 2,265,000 2,265,000 2,265,000 21,631
21,209
Paid up Capital 853,449 853,449 854,138 1,068,796 1,068,796 21,631

Paid up Capital (Shares) 8,534 8,534 8,541 10,688 10,688

Par Value 100 100 100 100 100
17,218
15,300
13,961 14,092
Retained Earnings 8,966,866 7,509,832 7,605,052 8,001,601 8,405,044
15,300,147 13,960,625 14,091,635 21,209,145 21,630,850
12,805

Total Equity
Growth (%) -8.75% 0.94% 50.51% 1.99% 8,393

INCOME STATEMENTS Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 3,980

Total Revenues 21,265,060 23,460,015 22,876,182 21,341,425 22,875,662

Growth (%) 10.32% -2.49% -6.71% 7.19%
-433

2013 2014 2015 2016 2017

Cost of Revenues - - - - -
Gross Profit 21,265,060 23,460,015 22,876,182 21,341,425 22,875,662
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 19,606,772 23,031,603 19,736,905 19,654,551 19,575,862
Operating Profit 1,658,288 428,412 3,139,277 - - 23,460 22,876 22,876
21,265 21,341
Growth (%) -74.17% 632.77% -100.00%
23,460

18,674

Other Income (Expenses) -268,621 -1,498,198 -3,769,803 -1,501,293 -1,437,023

Income before Tax 1,389,667 -1,069,786 -630,526 185,581 221,238 13,888

Tax 356,850 178,723 -605,188 -189,935 -154,006

Profit for the period 1,032,817 -891,063 -25,338 375,516 375,244 9,102

Growth (%) N/A 97.16% N/A -0.07%

4,317

Period Attributable 1,032,817 -891,063 -25,338 375,516 375,244 -469

Comprehensive Income 1,055,965 -917,315 7,871 396,549 403,443 2013 2014 2015 2016 2017
Comprehensive Attributable 1,055,965 -917,315 7,871 396,549 403,443

RATIOS Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 73.69 86.44 64.46 47.02 47.16
1,033
Dividend (Rp) 64.00 - - - - 1,033

EPS (Rp) 121.02 -104.41 -2.97 35.13 35.11

BV (Rp) 1,792.74 1,635.79 1,649.81 1,984.40 2,023.85 648

376 375
DAR (X) 0.62 0.78 0.76 0.61 0.62
DER(X) 1.63 3.56 3.18 1.59 1.60 2014 2015
263

ROA (%) 2.56 -1.40 -0.04 0.68 0.67

2013 2016 2017
-122

-25
ROE (%) 6.75 -6.38 -0.18 1.77 1.73
GPM (%) 100.00 100.00 100.00 100.00 100.00 -506

OPM (%) 7.80 1.83 13.72 - -

NPM (%) 4.86 -3.80 -0.11 1.76 1.64
-891

-891
Payout Ratio (%) 52.89 - - - -
Yield (%) 1.23 - - - -