PTDavomasAbadiTbk.

Business

Cocoa

CompanyStatus

PMDN

Underwriters

PTStandardCharteredIndonesia,PTNomuraIndonesia

Shareholders
2000
PTMultiprimaPerkasa
SheriutamaRaya
Public

2001
56.27% PTMultiprimaPerkasa
23.28% SheriutamaRaya
20.45% Public

2005
HassockEnterprisesLtd
PTMultiprimaPerkasa
CaterpillarAssociatesLtd
PTCitiPacificSecurities
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
CatneraInternationalLtd
TempletonAssetsLtd
Public

2002
56.27% HassockEnterprisesLtd
23.28% PTMultiprimaPerkasa
20.45% CaterpillarAssociatesLtd
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
TempletonAssetsLtd
CatneraInternationalLtd
Public

2006
23.17%
19.58%
11.46%
10.92%
7.75%
6.09%
6.03%
5.53%
3.40%
6.07%

HassockEnterprisesLtd
PTMultiprimaPerkasa
CaterpillarAssociatesLtd
PTCitiPacificSecurities
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
CatneraInternationalLtd
Public

2003
24.30%
20.58%
12.03%
8.13%
6.39%
6.33%
5.81%
5.81%
10.62%

HassockEnterprisesLimited
PTMultiprimaPerkasa
CaterpillarAssociatesLimited
KriglerHoldingsLimited
PTCitiPacificSecurities
PolarCapInvestmentsLimited
CatneraInternationalLimited
Public

23.17%
19.59%
11.46%
11.02%
7.75%
6.09%
6.03%
5.53%
9.36%

HassockEnterprisesLtd.
PTCitiPacificSecurities
CaterpillarAssociatesLtd
LehmanBrothersInvestmentsPtd.,LtdS/AS.A
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
Public

2007
23.17%
19.59%
11.46%
11.06%
7.75%
6.09%
6.03%
5.53%
9.32%

HassockEnterprisesLtd
PTMultiprimaPerkasa
CaterpillarAssociatesLtd
PTCitiPacificSecurities
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
CatneraInternationalLtd
Public

2004
23.17%
19.59%
11.46%
7.75%
6.78%
6.09%
5.53%
19.63%

HassockEnterprisesLtd
PTMultiprimaPerkasa
CaterpillarAssociatesLtd
PTCitiPacificSecurities
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
CatneraInternationalLtd
TempletonAssetsLtd
Public

23.17%
12.63%
11.46%
11.11%
7.75%
6.09%
6.03%
21.76%

HassockEnterprisesLtd.
PTCitiPacificSecurities
CaterpillarAssociatesLtd
LehmanBrothersInvestmentsPtd.,LtdS/AS.A
KriglerHoldingLtd
PolarCapInvestmentsLtd
PTSheriutamaRaya
Public

2008

23.17%
19.59%
11.46%
9.51%
7.75%
6.08%
6.03%
5.53%
3.40%
7.48%

2009
23.17%
20.27%
11.46%
11.11%
7.75%
6.09%
6.03%
14.12%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000

President Commissioner
Commissioners

Ernas Krisna Mulya

Berliana Sukarmadidjaja,
Hadi Surya

President Director
Directors

Hendrawan Setiadi
Johanes Herkiamto,
Theodorus Hopmans

339

2001

President Commissioner
Commissioners

Hermawan Felani
Muhammad Fajriska Mirza, SH.,
Hadi Surya

President Director
Directors

Johanas Herkiamto
Theodorus Hopmans,
Ir. Berliana Sukarmadidjaja

325

2002

President Commissioner
Commissioners

Hermawan Felani
Muhammad Fajriska Mirza, SH.,
Hadi Surya

President Director
Directors

Johanas Herkiamto
Theodorus Hopmans,
Ir. Berliana Sukarmadidjaja

269

2003

President Commissioner
Commissioners

Hermawan Felani
Eifisno,
Anthonius Azer Unawelda

President Director
Directors

Johanas Herkiamto
Teddy, Ir. Berliana Sukarmadidjaja

299

2004

President Commissioner
Commissioners

Ir. Berliana Sukarmadidjaja

Achmad Setiawan,
Husin Ramelan

President Director
Directors

Anthonius Azer Unawekla

Suhanih,
Ariyanto Wibowo

316

2005

President Commissioner
Commissioners

Ir. Berliana Sukarmadidjaja

Achmad Setiawan,
Husin Ramelan

President Director
Directors

Anthonius Azer Unawekla

Suhanih,
Ariyanto Wibowo

313

2006

President Commissioner
Commissioners

Ir. Berliana Sukarmadidjaja

Achmad Setiawan,
Husin Ramelan

President Director
Directors

Anthonius Azer Unawekla

Suhanih,
Ariyanto Wibowo

289

2007

President Commissioner
Commissioners

Ir. Berliana Sukarmadidjaja

Achmad Setiawan,
Husin Ramelan

President Director
Directors

Anthonius Azer Unawekla

Suhanih,
Ariyanto Wibowo

340

2008

President Commissioner
Commissioners

Ir. Berliana Sukarmadidjaja

Achmad Setiawan,
Husin Ramelan

President Director
Directors

Anthonius Azer Unawekla

Suhanih,
Ariyanto Wibowo

470

2009

President Commissioner
Commissioners

Kusbyanta Kawira
Petrus Rizal
Heru Subagyo

President Director
Directors

Ir. Berliana Sukarmadidjaja

Susi Magdalena
Drs. Nasrizal Nazir

470

(million rupiah)
2001

1998

1999

2000

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time Deposits
Trade receivables
Inventories
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investment
Other Assets

430,088
173,880

577,464
205,662

599,441
236,634

1,472

2,797

15,646

3,320

975

703

588

Liabilities
Current Liabilities
of which
Short-term debt
Bank borrowings
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Non-current Liabilities
Minority Interests in Subsidiaries

345,663
322,050

494,586
310,613

665,679
497

299,469
1,719

184,072

183,003

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed assets
Retained earnings (accumulated loss)

2002

2003

2004

2005

764,624
194,069

791,797
126,212

894,073
216,599

1,577,951
383,640

1,746,895
637,403

10,820

15,700

51,503

166,643
427,505

65,440
77,438

73,725
78,175

71,153
91,678

61,026
92,412

34,920
53,655

43,087
86,736

93,272
86,933

92,290
83,031
1,109,491

252,888

370,827

362,104

569,967

665,584

677,474

1,194,310

1,109,255

293,166
378

303,427
435

888,346
688

967,221
26,120

83
295

36
399

18
670

63
770

126,559
23,613

114,371
183,973

665,182

297,750

292,788

302,992

887,658

941,101

84,424
85,190

82,878
85,190

(66,238)
85,190

465,155
227,174

498,631
620,186

590,647
620,186

689,605
620,186

779,674
620,186

286

286

286

240,312

1,895

1,895

1,895

(123,450)

1,895

(31,434)

67,524

157,593

600,501
560,228
40,273
6,297
33,976
11,481
45,458
22,117

854,967
738,515
116,452
8,281
108,171
(1,111)
107,060
92,016

1,032,178
851,108
181,070
8,592
172,478
(29,188)
143,290
98,958

1,120,893
944,198
176,695
14,583
162,112
(43,223)
118,889
90,069

18
402
n.a
90

15
95
n.a
410

16
111
n.a
200

15
126
n.a
80

5.05
0.22
n.a
n.a

27.63
4.31
n.a
n.a

12.53
1.80
n.a
n.a

5.51
0.64
n.a
n.a

(1,052)

(2,598)

(151,715)

(2,331)

Net Sales
Cost of Good Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Profit (Loss) before Taxes
Profit (Loss) after Taxes

555,188
478,492
76,696
9,932
66,764
(108,125)
(41,361)
(51,746)

504,673
478,643
26,030
3,574
22,456
(6,047)
16,408
(1,546)

460,595
446,671
13,924
6,592
7,332
(157,209)
(149,877)
(148,264)

507,823
486,467
21,355
6,046
15,309
(11,523)
3,786
6,148

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price

(304)
496
400

(9)
486
675

(870)
(389)
285

14
1,024
525

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)

(1.32)
0.81
-

(74.39)
1.39
-

(0.33)
(0.73)
-

38.80
0.51
-

0.54
4.09
0.80
0.14
0.12
n.a.
6.18
1.29
(12.03)
(61.29)

0.66
5.97
0.86
0.05
0.04
n.a.
6.12
0.87
(0.27)
(1.87)

476.12
n.a.
1.11
0.03
0.02
n.a.
4.87
0.77
(24.73)
(223.83)

112.92
0.64
0.39
0.04
0.03
0.01
5.26
0.66
0.80
(1.32)

334.24
0.59
0.37
0.07
0.06
0.04
10.44
0.76
2.79
4.44

497.87
0.51
0.34
0.14
0.13
0.11
8.51
0.96
10.29
15.58

1998

1999
34.27
(1.83)
(9.10)
(97.01)

2000
3.81
(179.92)
(8.73)
9,490.17

2001
27.56
(802.25)
10.25
(104.15)

2002
3.55
7.20
18.25
259.74

2003
12.92
18.45
42.38
316.04

Current Ratio (x)

Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)

1
2
3
4

Growth (%)
Indicators
Total Asset
Share Holder's Equity
Net Sales/Revenue
Net Provit

557.47
1.29
0.56
0.18
0.17
0.10
9.79
0.65
6.27
14.35

2004
76.49
16.75
20.73
7.54

24.40
1.24
0.55
0.16
0.14
0.08
11.37
0.64
5.16
11.55

2005
10.71
13.06
8.59
(8.98)

SUMMARY OF FINANCIAL STATEMENT

PT. Davomas Abadi Tbk. (DAVO)

2006

(millionrupiah)
2007

2008

2,707,801
1,032,260

3,868,528
1,339,276

3,671,081
1,259,152

515,458
142,002
287,505
1,675,541

582,505
244,626
312,375
2,529,252

290,242
106,127
781,179
2,411,929

1,592,619

2,432,157

2,360,667

1,731,850
172,484

2,684,121
144,551

2,997,326
45,794

650
4,536
1,559,366

753
3,132
2,539,570

141
2,850
2,951,533

975,951
620,186

1,184,407
620,186

673,755
620,186

1,895
353,870

1,895
562,326

1,895
51,675

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

1,656,584
1,359,471
297,114
17,310
279,804
(29,884)
249,919
196,277

2,800,084
2,241,357
558,728
19,358
539,369
(240,487)
298,882
208,456

3,392,847
3,257,735
135,112
22,020
113,092
(577,295)
(464,203)
(510,652)

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

16
157
n.a
590

17
95
n.a
250

(41)
54
n.a
58

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)

37.28
3.75
n.a
n.a

14.88
2.62
n.a
n.a

(1.41)
1.07
n.a
n.a

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)

5.98
1.77
0.64
0.18
0.17
0.12
4.73
0.61
7.25
20.11

9.27
2.27
0.69
0.20
0.19
0.07
7.18
0.72
5.39
17.60

27.50
4.45
0.82
0.04
0.03
n.a
4.17
0.92
(13.91)
(75.79)

TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
Liabilities
CurrentLiabilities
ofwhich
Taxespayable
Accruedexpenses
LongtermLiabilities
Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings(accumulatedloss)

PER=1.00x;PBV=34.83x(June2009)
FinancialYear:December31
PublicAccountant:KanakaPuradiredja,RobertYogi,Suhartono(2007);
AlbertSilalahi&Co.(2008)