Summary of Financial Statement PT Intanwijaya Internasional Tbk 2007 by rotaryclub18

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Summary of financial statement 2007

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									PT Intanwijaya Internasional Tbk.
(d/h PT Intanwijaya Chemical Industry Tbk)                                                                                                 Adhesive


Head Office                  Wisma IWI 5th Floor                      Summary of Financial Statement
                             Jl. Perjuangan, Tomang Tol,
                             Kebun Jeruk, Jakarta 11530                                                                     (million rupiah)
                             Phone (021) 530-8637 (Hunting)                                                     2004          2005         2006
                             Fax (021) 530-8632, 530-8633
                                                                       Total Assets                              179,910       179,211    172,782
                             E-mail: intan@rad.net.id                  Current Assets                            132,162       135,674    134,798
                                     contact@intanwijaya.com            of which
Factory                      Jl. Trisakti, Komplek Uka,                     Cash and Cash Equivalents              25,742       17,590     18,110
                             Banjarmasin                                    Time deposits                           6,941       22,499     30,102
                             Kalimantan Selatan                             Trade receivables                      82,888       80,110     66,212
                             Phone (0511) 66072-4                           Inventories                            10,842       14,210     17,415
                             Fax (0511) 66071                          Non-Current Assets                          47,748       43,537     37,985
Business                     Formaldehyde, Formaldehyde                 of which
                             Resin (Liquid & Powder) and                    Fixed Assets-Net                       46,705       42,585     36,746
                                                                            Deffered Tax Assets                       334          570        946
                             Hexane Industry
                                                                            Other Assets                              710          382        292
Company Status               PMDN
                                                                       Liabilities                                 26,492       18,729     20,551
    Financial Performance: In 2006, the Company suffered net loss
                                                                       Current Liabilities                         25,271       17,584     19,543
at IDR4.629 billion, versus net profit at IDR11.590 billion booked
                                                                        of which
in 2005. The net loss was partly due to decrease in net sales from          Trade payables                         14,532       15,139     17,299
IDR157.177 billion to IDR116.715 billion.                              Non-Current Liabilities                      1,221        1,145      1,007
    Brief History: The Company has commercially started produc-
tion in 1987 and enlisted at the Stock Exchange or Capital Market      Shareholders' Equity                      153,418       160,482    152,232
on 24 July 1990 with current shares subscription of 168.666.667            Paid-up capital                        90,518        90,518     90,518
                                                                           Paid-up capital
shares. The scope of services of the company is Formaldehyde
                                                                                   in excess of par value             803          803        803
and Formaldehyde Resin Industry with capacity of 96,000 ton
                                                                           Retained earnings                       62,097       69,161     60,911
metric in liquid form and to be further increased to 146,000 ton
metric per year when the Third Stage of Formaldehyde Plant starts      Net Sales                                 158,640       157,178    116,715
operation, as well as 7,000 ton metric per year of powder and 6,000    Cost of Goods Sold                        130,379       125,858     98,612
ton metric per year Hexamine product. It is expected that in mid       Gross Profit                               28,261        31,320     18,103
2002 the Third Plant of Formaldehyde will start operation, which       Operating Expenses                         16,197        21,655     15,171
                                                                       Operating Profit                           12,063          9,665     2,932
would make the Company as the biggest production capacity of
                                                                       Other Income (Expenses)                     4,783         7,137     (7,937)
Formaldehyde in Indonesia.
                                                                       Profit before Taxes                        16,846        16,802     (5,005)
                                                                       Profit after Taxes                         11,828        11,590     (4,630)

                                                                       Per Share Data (Rp)
                                                                       Earnings per Share                              65           64        (26)
                                                                       Equity per Share                               847          886        841
                                                                       Dividend per Share                              25           20         n.a
                                                                       Closing Price                                  440          365        245

                                                                       Financial Ratios
                                                                       PER (x)                                       6.73         5.70      (9.58)
                                                                       PBV (x)                                       0.52         0.41       0.29
                                                                       Dividend Payout (%)                          38.26        31.24         n.a
                                                                       Dividend Yield (%)                            5.68         5.48         n.a

                                                                       Current Ratio (x)                             5.23         7.72       6.90
                                                                       Debt to Equity (x)                            0.17         0.12       0.13
                                                                       Leverage Ratio (x)                            0.15         0.10       0.12
                                                                       Gross Profit Margin (x)                       0.18         0.20       0.16
                                                                       Operating Profit Margin (x)                   0.08         0.06       0.03
                                                                       Net Profit Margin (x)                         0.07         0.07         n.a
                                                                       Inventory Turnover (x)                       12.03         8.86        5.66
                                                                       Total Assets Turnover (x)                     0.88         0.88        0.68
                                                                       ROI (%)                                       6.57         6.47      (2.68)
                                                                       ROE (%)                                       7.71         7.22      (3.04)
Shareholders
Syamsinar Ngaisah                                          20.80%      PER = -72.41x ; PBV = 0.38x (June 2007)
                                                                       Financial Year: December 31
Tazran Tanmizi                                              9.62%
                                                                       Public Accountant: Dra. S. Griselda & Co. (2005);
Robert Tanmizi                                              8.93%      Herman Dody Tanumihardja & Co. (2006)
Marzuki Tanmizi                                             8.29%
Public                                                     52.36%


218                                                                                                     Indonesian Capital Market Directory 2007
PT Intanwijaya Internasional Tbk.
(d/h PT Intanwijaya Chemical Industry Tbk)                                                                                             Adhesive



Board of Commissioners                                                    Board of Directors
President Commissioner Tamzil Tanmizi                                     President Director Ong Triyono, SE
Commissioners I Nyoman Sudjana, Recsonyle Sitorus,                        Directors Trenggono Nugroho, Tazran Tanmizi
              Marzuki Tanmizi
                                                                          Number of Employees 140
     No       Type of Listing                            Listing Date           Trading Date      Number of Shares             Total Listed
                                                                                                        per Listing                Shares
      1       First Issue                                   24-Jul-90              24-Jul-90               4,000,000             4,000,000
      2       Partial Listing                               24-Jul-90              31-Jul-90               4,000,000             8,000,000
      3       Bonus Shares                                 24-Dec-92              24-Dec-92                8,000,000            16,000,000
      4       Bonus Shares                                 01-Apr-93              01-Apr-93                8,380,000            24,380,000
      5       Bonus Shares                                 20-Sep-93              20-Sep-93                7,000,000            31,380,000
      6       Company Listing                              24-Jan-94              24-Jan-94               12,180,000            43,560,000
      7       Koperasi                                     24-Jan-94              24-Jan-94                  220,000            43,780,000
      8       Bonus Shares (dari koperasi)                 24-Jan-94              24-Jan-94                  220,000            44,000,000
      9       Stock Split                                  28-Sep-98              28-Sep-98               44,000,000            88,000,000
     10       Bonus Shares                                 29-Sep-98              29-Sep-98               13,200,000           101,200,000
     11       Bonus Shares                                 28-Aug-01              28-Aug-01               25,300,000           126,500,000
     12       Bonus Shares                                 19-Sep-02              19-Sep-02               42,166,667           168,666,667
     13       Bonus Shares                                  26-Jul-04              26-Jul-04               6,746,667           175,413,334
     14       Devidend Shares                               26-Jul-04              26-Jul-04               5,622,222           181,035,556
Underwriter
PT Bappindo
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-06                395          350      360            9,086.00              3434       577       18     181,035,556        65,173.00
February-06               385          345      355            5,995.00              2229       378       20     181,035,556        64,268.00
March-06                  375          350      360            1,085.00               389       148       21     181,035,556        65,173.00
April-06                  410          355      395           22,774.00              8759     1,297       18     181,035,556        71,509.00
May-06                    400          305      315            5,990.00              2172       361       20     181,035,556        57,026.00
June-06                   325          280      295            1,328.00               392        93       21     181,035,556        53,405.00
July-06                   315          270      270            1,030.00            301.00        94       12     181,035,556        48,880.00
August-06                 300          260      265            4,297.00          1,245.00       266       15     181,035,556        47,974.00
September-06              290          265      285              436.00            122.00        60       13     181,035,556        51,595.00
October-06                285          270      275              573.00            159.00        41       12     181,035,556        49,785.00
November-06               280          240      245            1,339.00            349.00       117       18     181,035,556        44,354.00
December-06               270          230      245            1,170.00            288.00       105       18     181,035,556        44,354.00
January-07                310          245      260            1,755.00            487.00       182       20     181,035,556        47,069.00
February-07               330          250      275           10,301.00          3,066.00       815       17     181,035,556        49,785.00
March-07                  295          250      270            1,616.00            447.00       193       18     181,035,556        48,880.00
April-07                  320          270      305            2,426.00            688.00       216       17     181,035,556        55,216.00
May-07                    410          290      350           64,071.00         24,173.00     2,074       21     181,035,556        63,362.00
June-07                   510          300      320          251,686.00        112,521.00     5,465       19     181,035,556        57,931.00

Stock Price and Traded Chart

          Stock Price (Rp)                                                                                           Million Shares
 500                                                                                                                                   160
 450                                                                                                                                   140
 400
                                                                                                                                       120
 350
 300                                                                                                                                   100
 250                                                                                                                                   80
 200                                                                                                                                   60
 150
                                                                                                                                       40
 100
  50                                                                                                                                   20
 -                                                                                                                                     -
       Jan-     Feb- Mar-       Apr- May- Jun-    Jul-   Aug- Sep- Oct-      Nov- Dec- Jan-      Feb- Mar-      Apr- May- Jun-
        06       06 06           06   06   06      06     06   06   06        06   06   07        07   07        07   07   07

Institute for Economic and Financial Research                                                                                              219

								
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