Summary of Financial Statement PT Hanson International Tbk2007 by rotaryclub18

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									PT Hanson International Tbk.
(d/h PT Hanson Industri Utama Tbk)                                                                               Apparel and Other Textile Products


Head Office                  Jl. Tomang Raya No. 43                  Summary of Financial Statement
                             Jakarta 11440
                             Phone (021) 566-6261                                                                              (million rupiah)
                             Fax (021) 657-1736, 566-8271                                                         2004           2005        2006
                             http://www.hanson.co.id                  Total Assets                                 713,330       753,108      669,270
Factories                    - Jl. Raya Diponegoro Km. 38             Current Assets                               212,907       205,961      115,606
                               Tambun, Bekasi, Jawa Barat              of which
                               Phone (021) 880-1676                       Cash and cash equivalents                  7,511         7,433        2,936
                               Fax (021) 880-2183                         Trade receivables                         38,727        36,501       34,306
                             - Desa Ngadirejo, Kec. Ampel                 Inventories                               97,885        90,438       48,680
                               Kab. Boyolali 57352, Center Java       Non-Current Assets                           500,423       547,147      553,664
                               Phone (0298) 327-272                    of which
                                                                          Fixed Assets-Net                         419,463       410,873      449,689
                               Fax (0298) 327-288
                                                                          Deffered Tax Assets                       39,375        42,545       40,709
Business                     Garment
                                                                          Other Assets                                 219           634          634
Company Status               PMDN
                                                                      Liabilities                                  380,429       434,543      442,812
    Financial Performance: The Company was still suffered net         Current Liabilities                          298,665       358,328      424,852
loss at IDR92.107 billion in 2006, or jump from IDR14.426 billion      of which
in 2005. The higher net loss was due to net sales down from IDR396        Trade payables                           145,112        44,360        7,115
billion to IDR391 billion.                                                Taxes payable                              1,341           162           34
    Brief History: Established in 1971, the company manufactured          Accrued expenses                          29,185         8,842       58,072
brocade textiles. After restructuring in 1987, the company ex-        Non-Current Liabilities                       81,764        76,215       17,960
                                                                      Minority Interests in Subsidiaries                n.a           n.a          n.a
panded and became a garment manufacturer, producing men’s,
women’s and children’s clothing. The company owns a factory in        Shareholders' Equity                         332,992       318,565      226,458
Jalan Raya Tambun Km. 38, Bekasi on a 2.2 Ha site with a capacity        Paid-up capital                           986,982       986,982      986,982
of 600 thousand dozen per year. All production is implemented            Paid-up capital
on the basis of confirmed orders. On December 1997, the com-                    in excess of par value              71,341        71,341        71,341
pany acquired and increased the working capital of PT                    Retained earnings (accumulated loss)     (725,331)     (739,757)     (831,864)
Primayudha Mandirijaya and PT Kridajaya Upaya for a total trans-      Net Sales                                    365,186       396,747      391,856
action of Rp 379.99 billion, an equivalent to 99.9% of PT             Cost of Goods Sold                           321,463       375,170      429,077
Primayudha’s shares (Rp 66.9 billion), and Rp 170 billion worth       Gross Profit (Loss)                            43,723        21,577      (37,221)
of PT Kridajaya Upaya’s shares. Then, an amount of Rp 133.1 bil-      Operating Expenses                             23,807        27,821       40,744
lion was injected to Primayudha and Rp 10 billion to Kridajaya as     Operating Profit (Loss)                        19,917         (6,244)    (77,965)
working capital. Prior to the acquisition, the company changed        Other Income (Expenses)                       (16,528)      (11,354)     (12,306)
its name from Mayertex Indonesia to Hanson.                           Profit (Loss) before Taxes                      3,388       (17,597)     (90,271)
                                                                      Profit (Loss) after Taxes                       2,765       (14,427)     (92,107)

                                                                      Per Share Data (Rp)
                                                                      Earnings (Loss) per Share                           1             (3)        (18)
                                                                      Equity per Share                                   64            61           44
                                                                      Dividend per Share                                 n.a           n.a          n.a
                                                                      Closing Price                                      15            25           35

                                                                      Financial Ratios
                                                                      PER (x)                                        28.18          (9.00)       (1.97)
                                                                      PBV (x)                                         0.23           0.41         0.80
                                                                      Dividend Payout (%)                               n.a            n.a          n.a
                                                                      Dividend Yield (%)                                n.a            n.a          n.a

                                                                      Current Ratio (x)                               0.71           0.57         0.27
                                                                      Debt to Equity (x)                              1.14           1.36         1.96
                                                                      Leverage Ratio (x)                              0.53           0.58         0.66
                                                                      Gross Profit Margin (x)                         0.12           0.05        (0.09)
                                                                      Operating Profit Margin (x)                     0.05             n.a          n.a
                                                                      Net Profit Margin (x)                           0.76             n.a          n.a
                                                                      Inventory Turnover (x)                          3.28           4.15         8.81
                                                                      Total Assets Turnover (x)                       0.51           0.53         0.59
                                                                      ROI (%)                                         0.39          (1.92)      (13.76)
Shareholders                                                          ROE (%)                                         0.83          (4.53)      (40.67)
Ie Mariana                                                 0.70%
PT Ciptawira Binamandiri                                   0.57%      PER = -3.73x ; PBV = 1.61x (June 2007)
                                                                      Financial Year: December 31
Inggrid Suria                                              0.52%
                                                                      Public Accountant: Tanubrata Yogi Sibarani Hananta (BDO International)
Lianna Budidjaja                                           0.24%
Public                                                    97.97%


152                                                                                                   Indonesian Capital Market Directory 2007
PT Hanson International Tbk.
(d/h PT Hanson Industri Utama Tbk)                                                                                                  Apparel and Other Textile Products



Board of Commissioners                                                            Board of Directors
President Commissioner Tubagus Muhamad Hasjim                                     President Director Dicky Tjokrosaputro
Commissioners Venkata Ramana Tata, Lita Anggriani                                 Directors Ingrid Suria, Irwan Suria, Harun Setiawan Boedi

                                                                                  Number of Employees 1,582

      No     Type of Listing                                   Listing Date              Trading Date           Number of Shares                 Total Listed
                                                                                                                      per Listing                    Shares

       1     First Issue                                        31-Oct-90                 31-Oct-90                   1,000,000               1,000,000
       2     Partial Listing                                    31-Oct-90                 07-Nov-90                   1,450,000               2,450,000
       3     Bonus Shares                                       21-Feb-92                 21-Feb-92                     700,000               3,150,000
       4     Company Listing                                    18-Jun-92                 18-Jun-92                   4,550,000               7,700,000
       5     Bonus Shares                                       14-Aug-92                 14-Aug-92                   7,700,000              15,400,000
       6     Right Issue                                        29-Dec-97                 29-Dec-97                  92,400,000             107,800,000
       7     Stock Split                                        02-Nov-98                 02-Nov-98                 107,800,000             215,600,000
       8     Bonus Shares                                       11-Jan-99                 11-Jan-99                 485,100,000             700,700,000
       9     Add Listed                                         11-Dec-02                 11-Dec-02               4,513,705,164           5,214,405,164
      10     Warrant                                             7-Apr-04                  7-Apr-04                       2,121           5,214,407,285

Underwriters
PT ASEAM, PT PDFCI, PT Sinar Mas Eka Graha, PT Danamon 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-06                0              0       25                   2,000.00            29.00             2           2    5,214,407,285            130,360.00
February-06               0              0       25                   2,719.00            47.00             3           2    5,214,407,285            130,360.00
March-06                 30            25        25                  56,589.00        1,404.00            223          10    5,214,407,285            130,360.00
April-06                 30            25        25                  48,558.00        1,199.00            173          10    5,214,407,285            130,360.00
May-06                   25            25        25                  23,533.00          584.00             86          13    5,214,407,285            130,360.00
June-06                   0              0       25                 214,557.00        3,222.00             14           7    5,214,407,285            130,360.00
July-06                   0              0       25                      2,721               56          8.00        6.00    5,214,407,285            130,360.00
August-06                 0              0       25                      3,000               35          5.00        3.00    5,214,407,285            130,360.00
September-06             25            25        25                      1,048               16          9.00        6.00    5,214,407,285            130,360.00
October-06               25            25        25                     17,745              222         14.00        6.00    5,214,407,285            130,360.00
November-06              25            25        25                      1,201               22          5.00        5.00    5,214,407,285            130,360.00
December-06              35            25        35                    198,124             5309      1,105.00       12.00    5,214,407,285            182,504.00
January-07               62            30        35                  1,575,930           70634       8,794.00       22.00    5,214,407,285            182,504.00
February-07              41            32        33                    172,576             6183      1,592.00       20.00    5,214,407,285            172,075.00
March-07                 42            32        33                    332,534           12171       3,432.00       21.00    5,214,407,285            172,075.00
April-07                 52            32        45                    638,730           26456       4,797.00       20.00    5,214,407,285            234,648.00
May-07                   52            37        46                    405,590           18152       3,561.00       21.00    5,214,407,285            239,863.00
June-07                  73            44        63                    851,881           50795       6,974.00       20.00    5,214,407,285            328,508.00


Stock Price and Traded Chart

           Stock Price (Rp)                                                                                                        Million Shares
      80                                                                                                                                                   500
                                                                                                                                                           450
      70
                                                                                                                                                           400
      60
                                                                                                                                                           350
      50                                                                                                                                                   300

      40                                                                                                                                                   250

      30                                                                                                                                                   200
                                                                                                                                                           150
      20
                                                                                                                                                           100
      10                                                                                                                                                   50
  -                                                                                                                                                        -
       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                                                                                                                   153

								
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