Polychem Indonesia Tbk ADMG

Company Report : December 2006 As of 28 December 2006

Development Board Individual Index : 17.852
Industry Sector : Miscellaneous Industry (4) Listed Shares : 3,889,179,559
Industry Sub-Sector : Textile, Garment (43) Market Capitalization : 777,835,911,800

Company History Dividend Announcement

Established Date : 25-April-1986 Bonus Cash Cum Ex Recording Payment
F/I
Listing Date : 20-October-1993 Year Shares Dividend Date Date Date Date
Under Writer IPO : 1993 120.00 21-Jul-94 22-Jul-94 29-Jul-94 29-Aug-94 F
PT Credit Lyonnais Capital Indonesia 1994 1:1 75.00 18-Jul-95 19-Jul-95 27-Jul-95 25-Aug-95 F
Securities Administration Bureau : 1995 60.00 13-Aug-96 14-Aug-96 22-Aug-96 20-Sep-96 F
PT Datindo Entrycom 1996 25.00 10-Jul-97 11-Jul-97 22-Jul-97 20-Aug-97 F
Wisma Dinners Club Annex
Jl. Jend. Sudirman Kav. 34 - 35 Jakarta 10220 Issued History
Phone : 570-9009 Listing Trading
Fax : 570-9026 - 28 Type of Listing Shares Date Date
1. First Issue 20,000,000 20-Oct-93 20-Oct-93
Shareholders (December 2006 ) 2. Company Listing 60,000,000 20-Oct-93 20-Oct-93
1. PT Mandiri Sekuritas Repo / Reverse Repo 1,535,087,719 39.47% 3. Right Issue 80,000,000 25-Nov-94 25-Nov-94
2. PT Gajah Tunggal Tbk 1,124,280,000 28.91% 4. Bonus Shares 160,000,000 28-Aug-95 28-Aug-95
3. HSBC Trustee (Singapore) Limited 819,418,000 21.07% 5. Right Issue 800,000,000 21-Oct-96 21-Oct-96
6. Stock Split 1,120,000,000 10-Nov-97 10-Nov-97
Board of Commissioners 7. Additional Listing without 1,649,179,559 12-Jan-05 12-Jan-05
1. Bacelius Ruru HMETD
2. Howel Rembrabdt Picket K.
3. Martua Radja Panggabean
4. Havid Abdul Gani *)
*) Independent Commissioners

Board of Directors
1. Gautama Hartarto
2. Johan Setiawan
3. Bambang Handoyo
4. Chen Ching Yen
5. Irene Chan
6. Jusup Agus Sayono

Audit Committee
1. Mochamad Sanoesi
2. Grace Subali
3. Hartono Djojo

Corporate Secretary
Ferry Ongkowijaya

Head Office:
Wisma Diners Club 12th Fl., Jl. Jend. Sudirman Kav. 34
Jakarta - 10220
Phone : (021) 570-9292
Fax : (021) 573-7638

Homepage : http://www.gtpi.co.id
Email : [email protected]

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Polychem Indonesia Tbk ADMG
Trading Activities
Composite Composite Index and Miscellaneous Industry Index Sectoral
January 1999 - December 2006 Stock Price Volume Value
Index Index
Month High Low Close Freq. (Thou.) (Rp Mill.) Day
1,860 300
Jan02 120 105 120 48 443 50 22
Composite Stock Price Index Feb02 135 120 135 6 156 20 18
1,550 250
Miscellaneous Industry Index
Mar02 155 115 140 26 562 76 19
1,240 200 Apr02 240 115 200 222 3,269 604 22
May02 230 145 190 26 403 65 22
930 150 Jun02 190 135 170 48 1,732 285 20
Jul02 165 100 110 69 863 102 23
620 100 Aug02 125 95 95 50 1,676 166 22
Sep02 100 80 95 32 2,383 228 21
310 50
Oct02 105 50 105 35 711 49 22
Nov02 100 70 100 17 62 5 21
- -
Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06
Dec02 110 60 110 44 1,126 112 13
Jan00 - - - - - - -
Jan03 95 70 95 17 471 37 22
Feb03 100 80 95 24 421 37 19
Closing Closing Price and Trading Volume Volume
Mar03 195 115 190 159 3,542 566 20
Price*) January 1999 - December 2006 (Mill. Shares)
Apr03 300 185 300 324 6,287 1,480 20
1,080 600
May03 300 190 220 163 1,827 487 19
900 500
Jun03 275 180 180 133 2,364 582 21
Jul03 280 155 275 2,164 50,382 12,161 23
720 400 Aug03 400 280 350 1,810 55,805 18,649 20
Sep03 495 350 445 3,574 125,849 57,018 21
540 300 Oct03 490 375 390 1,696 47,050 21,961 23
Nov03 400 290 330 107 4,311 1,576 15
360 200 Dec03 405 330 375 122 1,449 543 19
Jan00 - - - - - - -
180 100
Jan04 425 365 370 208 2,534 1,008 20
Feb04 400 360 380 112 1,711 654 18
- -
Mar04 420 350 350 250 3,701 1,452 22
Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06
Apr04 460 360 385 877 255,689 91,411 20
May04 415 350 385 124 108,311 38,068 19
Jun04 380 305 350 41 26,505 9,239 21
Closing Closing Price and Miscellaneous Industry Index Sectoral
Jul04 350 285 315 840 40,560 13,753 21
Price*) January 1999 - December 2006 Index
Aug04 370 300 310 1,451 37,526 12,941 21
1,080 300
Sep04 350 300 325 1,277 30,425 10,138 20
900
Closing Price
250
Oct04 355 315 325 1,968 93,217 32,061 21
Miscellaneous Industry Index Nov04 405 320 390 2,933 141,316 52,873 17
720 200 Dec04 400 335 345 939 36,394 13,417 21
Jan00 - - - - - - -
540 150 Jan05 370 330 355 866 27,214 9,636 20
Feb05 390 345 350 1,672 71,831 26,500 18
360 100 Mar05 720 350 470 7,296 387,105 200,882 21
Apr05 615 405 450 12,630 515,236 267,978 20
180 50 May05 520 435 505 4,725 267,829 128,395 20
Jun05 550 480 480 4,619 315,908 163,562 22
- -
Jul05 495 445 465 3,650 154,869 72,718 21
Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06
Aug05 470 225 310 5,766 214,722 75,087 22
Sep05 390 285 330 6,161 280,749 95,686 21
Shares Traded 2002 2003 2004 2005 Dec 06 Oct05 345 310 310 1,503 56,002 18,446 21
Volume (Thou.) 13,384 299,755 777,887 2,430,201 2,507,048 Nov05 315 285 305 1,014 29,303 8,878 17
Value (Million) 1,761 115,097 277,015 1,103,862 464,578 Dec05 355 305 320 2,742 109,437 36,094 20
Frequency (X) 623 10,293 11,020 52,644 20,774 Jan00 - - - - - - -
Days 127 191 218 242 263 Jan06 355 310 330 2,476 134,181 45,511 20
Feb06 350 315 325 1,769 77,038 25,810 20
Price (Rupiah) Mar06 335 310 315 1,221 58,477 18,779 21
High 240 495 460 720 355 Apr06 315 295 305 2,105 146,253 44,565 18
Low 50 70 285 225 175 May06 310 200 215 2,223 104,517 26,669 21
Close 110 375 345 320 200 Jun06 220 175 185 1,049 40,945 8,023 22
Close * 110 375 345 320 200 Jul06 200 180 380 1,172 44,171 8,519 42
Aug06 280 185 220 4,422 195,193 47,636 20
PER (X) 0.12 1.05 1.69 29.68 -2.90 Sep06 255 220 230 1,706 70,499 16,923 21
PER Industry (X) -2.47 0.68 7.78 14.59 9.63 Oct06 265 225 240 761 1,563,192 206,285 17
PBV (X) -0.21 -2.32 0.53 0.83 0.60 Nov06 245 205 210 1,023 35,852 8,104 22
Dec06 225 195 200 847 36,733 7,755 19
*) Adjusted price after corporate action

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Polychem Indonesia Tbk ADMG
Financial Data and Ratios
Public Accountant : Osman Ramli Satrio & Co. - Deloitte Touche Tohmatsu Book End : December

BALANCE SHEET Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Sep-06

Assets and Liabilities
(Million Rp except Par Value) (Trillion Rp)
Cash & Cash Equivalents 307,547 152,287 161,160 207,744 171,167 15,331 12.50
Accounts Receivable 628,240 557,413 538,344 525,950 384,646 544,471 Assets Liabilities
10.00

Inventories 780,215 660,161 695,067 680,918 656,646 643,450

Current Assets 1,869,022 1,573,918 1,698,885 1,654,306 1,701,408 1,646,139 7.50

Fixed Assets 4,544,330 4,283,071 4,018,406 2,889,172 2,704,451 2,623,743

5.00
Other Assets 0 0 0 0 0 0
Total Assets 7,457,946 6,637,499 6,239,217 4,549,288 4,431,915 4,276,254
2.50
Growth (%) -11.00% -6.00% -27.09% -2.58% -3.51%
-
Current Liabilities 6,265,776 3,978,955 914,651 1,053,877 400,618 602,689 2001 2002 2003 2004 2005 Sep-06
Long Term Liabilities 4,452,817 3,819,659 5,686,504 2,025,988 2,523,523 2,369,038
Total Liabilities 10,718,592 7,798,613 6,601,155 3,079,865 2,924,141 2,971,727
Growth (%) -27.24% -15.35% -53.34% -5.06% 1.63% Total Equity
(Trillion Rp)
1.47 1.51
Minority Interest 0 0 0 1,146 1,326 1,146 1.51
1.30

Authorized Capital 4,250,000 4,250,000 4,250,000 4,250,000 4,250,000 4,250,000

Paid up Capital 1,120,000 1,120,000 1,120,000 1,944,590 1,944,590 1,944,590 0.55

Paid up Capital (Shares) 2,240 2,240 2,240 3,889 3,889 3,889

Par Value 500 500 500 500 500 500 (0.40)
2001 2002 2003
(0.36)
2004 2005 Sep-06

Retained Earnings -4,425,538 -2,345,618 -1,547,303 -1,089,119 -1,047,182 -1,248,270

(1.35)

Total Equity -3,260,646 -1,161,114 -361,938 1,468,278 1,506,448 1,303,382 (1.16)

Growth (%) 64.39% 68.83% N/A 2.60% -13.48% (2.31)

INCOME STATEMENTS (Million Rp) (3.26)

(3.26)
Total Revenues 3,370,837 2,935,694 3,059,049 4,481,624 3,958,342 2,567,464
Growth (%) -12.91% 4.20% 46.50% -11.68%
Total Revenues
Expenses 3,023,020 2,864,739 2,862,209 3,876,644 3,742,045 2,724,889 (Trillion Rp)
Gross Profit 347,817 70,955 196,840 604,980 216,297 -157,425 4.48
Operating Expenses 139,126 137,385 192,505 142,322 119,922 63,007
4.48

3.96
Operating Profit 208,691 -66,430 4,335 462,658 96,376 -220,432 3.59
3.37
Growth (%) N/A N/A 10573.21% -79.17% 2.94 3.06
2.57
2.69

Other Income (Expenses) -1,481,929 920,660 257,570 -309,849 -65,727 53,380

Income before Tax -1,273,238 854,230 261,905 152,809 30,649 -167,052 1.79

Tax 73,398 280,991 56,985 -266,147 23,693 34,036

0 0 0 4,413 -180 0
0.90

Minority Interest
Net Income -910,435 2,079,920 798,315 458,097 41,937 -201,088 -

Growth (%) N/A -61.62% -42.62% -90.85% 2001 2002 2003 2004 2005 Sep-06

RATIOS
Current Ratio (%) 29.83 39.56 185.74 156.97 424.70 273.13 Total Income
(Billion Rp)
Dividend (Rp) - - - - - -
2,080
EPS (Rp) (406.44) 928.54 356.39 117.79 10.78 (51.70) 2,079.92

BV (Rp) (1,455.65) (518.35) (161.58) 377.53 387.34 335.13

DAR (X) 1.44 1.17 1.06 0.68 0.66 0.69 1,481.85

DER(X) (3.29) (6.72) (18.24) 2.10 1.94 2.28

798
ROA (%) (17.07) 12.87 4.20 3.36 0.69 (3.91) 883.78

458
ROE (%) 39.05 (73.57) (72.36) 10.41 2.03 (12.82)
10.32 2.42 6.43 13.50 5.46 (6.13) 42
285.71

GPM (%)
OPM (%) 6.19 (2.26) 0.14 10.32 2.43 (8.59) (312.36) 2001 2002 2003 2004 2005 Sep-06
NPM (%) (27.01) 70.85 26.10 10.22 1.06 (7.83) (201)

Payout Ratio (%) - - - - - - (910.44)

(910)
Yield (%) - - - - - -

Disclaimer:
The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the
institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person
relied upon as the basis for taking any action or making any decision. The Jakarta Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or
decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
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