C

CO
OM
MP
PA
AN
NY
Y R
RE
EP
PO
OR
RT
T

UNVR
UNILEVER INDONESIA TBK.
Company Profile
PTUnileverIndonesiaTbk.wasestablishedonDecember5th,1933.UnileverIndonesiahas
growntobealeadingcompanyofHomeandPersonalCareaswellasFoodsandIceCream
productsinIndonesia.

The Company is engaged in the manufacturing, marketing and distribution of consumer

goods including soaps, detergents, margarine, dairy based foods, ice cream, cosmetic
products, tea based beverages and fruit juice. The Company commenced commercial
operationsin1933.

Unilever Indonesias portfolio includes many of the worlds best known and wellloved
brands,suchas:
Pepsodent,
Ponds,
Lux,
Lifebuoy,
Dove,
Sunsilk,
Clear,
Rexona,
Vaseline,
Rinso,
Molto,
Sunlight,
Walls,
BlueBand,
Royco,
Bangoandmanymore.
TheCompanysfactoriesarelocatedatJln.Jababeka9BlokD,Jln.JababekaRayaBlokO,
Jln. Jababeka V Blok V No. 1416, Jababeka Industrial Estate Cikarang, Bekasi, West Java,
andJln.RungkutIndustriIVNo.511,RungkutIndustrialEstate,Surabaya.

January 2014
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 Indonesia 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.

UNVR Unilever Indonesia Tbk. [S]

COMPANY REPORT : JANUARY 2014

As of 30 January 2014

Main Board
Industry Sector : Consumer Goods Industry (5)
Industry Sub Sector : Cosmetics And Household (54)

146,162.904
Individual Index
:
Listed Shares
:
7,630,000,000
Market Capitalization : 217,836,500,000,000

5 | 217.8T | 5.02% | 28.63%

19 | 14.2T | 1.29% | 51.25%

COMPANY HISTORY
Established Date
: 05-Dec-1933
Listing Date
: 11-Jan-1982
Under Writer IPO :
PT Aseam Indonesia
PT Danareksa
PT Merchant Investment Corporation
Securities Administration Bureau :
PT Sharestar Indonesia
Beritasatu Plasa 7th Fl.
Jln. Jend. Gatot Subroto Kav. 35 - 36 Jakarta 12950
Phone : (021) 527-7966
Fax
: (021) 527-7967
BOARD OF COMMISSIONERS
1. Peter Frank ter Kulve
2. Bambang Subianto *)
3. Cyrillus Harinowo *)
4. Erry Firmansyah *)
5. Hikmahanto Juwana *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Maurits Daniel Rudolf Lalisang
2. Ainul Yaqin
3. Debora Herawati Sadrach
4. Enny Hartati
5. Tevilyan Yudhistira Rusli
6. Hadrianus Setiawan
7. Ira Noviarti
8. Ramakrishnan Raghuraman
9. Sancoyo Antarikso
10. Vishal Gupta
AUDIT COMMITTEE
1. Cyrillus Harinowo
2. Benny Redjo Setyono
3. Tjan Hong Tjhiang
CORPORATE SECRETARY
Sancoyo Antarikso
HEAD OFFICE
Graha Unilever
Jln. Jend. Gatot Subroto Kav. 15
Jakarta - 12930
Phone : (021) 526-2112
Fax
: (021) 526-4020
Homepage
Email

: www.unilever.com; www.unilever.co.id
: unvr.indonesia@unilever.com

SHAREHOLDERS (January 2014)

1. Unilever Indonesia Holding BV
2. Public (<5%)

6,484,877,500 :
1,145,122,500 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1989
1990
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2002
2003
2003
2004
2004
2005
2005
2005
2006
2006
2007
2007
2008
2008
2009
2009
2010
2010
2011
2011
2012
2012
2013

Shares
6:1

Dividend
600.00
470.00
780.00
810.00
860.00
920.00
1,010.00
1,110.00
1,320.00
25,000.00
690.00
1,150.00
400.00
500.00
50.00
80.00
70.00
60.00
80.00
60.00
120.00
80.00
125.00
90.00
167.00
95.00
220.00
100.00
299.00
100.00
344.00
250.00
296.00
300.00
334.00
330.00

Cum Date
from

11-Feb-03
16-Jul-03
17-Feb-04
15-Jul-04
02-Dec-04
04-Mar-05
08-Jul-05
05-Dec-05
22-Jun-06
29-Nov-06
22-Jun-07
28-Nov-07
26-Jun-08
26-Nov-08
26-Jun-09
25-Nov-09
28-Jun-10
26-Nov-10
27-Jun-11
06-Dec-11
27-Jun-12
10-Dec-12
28-Jun-13
02-Dec-13

Ex Date
27-Oct-89
27-Feb-91
20-Feb-92
21-Oct-93
03-Nov-94
06-Nov-95
04-Nov-96
03-Nov-97
18-Nov-98
03-Nov-99
28-Nov-00
19-Nov-01
13-Feb-03
17-Jul-03
18-Feb-04
16-Jul-04
03-Dec-04
07-Mar-05
11-Jul-05
06-Dec-05
23-Jun-06
30-Nov-06
25-Jun-07
29-Nov-07
27-Jun-08
27-Nov-08
29-Jun-06
26-Nov-09
29-Jun-10
29-Nov-10
28-Jun-11
07-Dec-11
28-Jun-12
11-Dec-12
01-Jul-13
03-Dec-13

Recording
Date
until

17-Feb-03
21-Jul-03
20-Feb-04
20-Jul-04
06-Dec-04
09-Mar-05
13-Jul-05
08-Dec-05
27-Jun-06
04-Dec-06
27-Jun-07
03-Dec-07
01-Jul-08
01-Dec-08
01-Jul-09
01-Dec-09
01-Jul-10
01-Dec-10
01-Jul-11
09-Dec-11
02-Jul-12
13-Dec-12
03-Jul-13
05-Dec-13

84.99%
15.01%

Payment
Date
26-Jun-90
04-Jul-91
20-Aug-93
29-Jul-94
28-Jul-95
26-Jul-96
27-Aug-97
07-Aug-98
27-Jul-99
20-Jul-00
01-Aug-01
22-Nov-02
04-Mar-03
04-Aug-03
05-Mar-04
03-Aug-04
17-Dec-04
24-Mar-05
27-Jul-05
21-Dec-05
11-Jul-06
18-Dec-06
11-Jul-07
14-Dec-07
11-Jul-08
15-Dec-08
14-Jul-09
15-Dec-09
13-Jul-10
15-Dec-10
13-Jul-11
15-Dec-11
13-Jul-12
20-Dec-12
16-Jul-13
12-Dec-13

F/I

I
I&F
I&F
I&F
I&F
I&F
I&F
I&F
I&F
I&F
I&F
I&F

I
F
I
F
I
I
I
I
F
I
F
I
F
I
F
I
F
I
F
I
F
I
F
I

ISSUED HISTORY
No.
1.
2.
3.
4.

Type of Listing
First Issue
Bonus Shares
Company Listing
Stock Split

Shares
9,200,000
2,251,225 T:
64,848,775
7,553,700,000 T:

Listing
Date
11-Jan-82
15-Dec-89 :
02-Jan-98
06-Nov-00 :

Trading
Date
11-Jan-82
22-Sep-93
02-Jan-98
03-Sep-03

UNVR Unilever Indonesia Tbk. [S]

Closing
Price*

Closing Price
Volume
(Mill. Sh)

36,000

40.0

31,500

35.0

27,000

30.0

22,500

25.0

18,000

20.0

13,500

15.0

9,000

10.0

4,500

5.0

Jan-10

Jan-11

Jan-12

Jan-13

Jan-14

Closing Price*, Jakarta Composite Index (IHSG) and

Consumer Goods Industry Index
January 2010 - January 2014

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Unilever Indonesia Tbk. [S]
January 2010 - January 2014

Month
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

High
11,750
11,700
13,200
14,000
16,550
18,900
17,350
17,150
17,250
19,200
17,500
17,000

Low
10,950
10,550
11,300
12,000
13,600
15,000
16,300
15,950
15,950
16,850
15,000
15,000

Close
11,300
11,500
12,150
13,850
15,600
17,000
16,950
16,100
16,850
17,450
15,000
16,500

(X)
5,909
4,558
7,296
6,233
10,001
12,810
14,001
12,188
11,202
10,736
17,104
15,223

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

16,650
16,200
16,950
15,650
15,300
15,350
15,900
17,400
17,750
16,500
18,400
19,000

13,800
14,100
15,250
14,900
14,650
14,600
14,700
15,000
14,000
15,250
15,450
17,100

15,050
16,200
15,300
15,300
14,700
14,900
15,600
16,900
16,500
15,650
18,200
18,800

16,428
11,599
15,300
17,329
10,563
9,679
12,108
20,492
17,471
17,533
12,590
13,898

48,440
27,234
59,981
57,709
43,392
28,109
41,466
63,871
46,683
56,126
43,802
40,609

732,617
412,351
967,698
878,710
648,620
419,148
628,166
1,043,194
763,768
897,769
722,503
732,748

21
18
23
20
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

24,450
20,050
20,200
20,750
22,450
25,500
25,250
27,350
28,500
26,300
26,950
26,400

18,200
17,500
18,600
18,750
19,700
20,000
22,350
23,800
25,100
25,250
25,600
20,100

19,600
19,250
20,000
19,850
20,550
22,900
24,250
27,100
26,050
26,050
26,350
20,850

16,752
17,028
14,713
14,599
16,221
15,235
16,534
13,551
20,640
15,755
13,272
50,609

38,440
31,412
27,939
31,656
45,658
37,485
35,057
24,914
43,814
45,467
46,071
143,941

761,415
606,182
543,448
615,568
965,430
842,684
828,065
635,793
1,177,790
1,176,959
1,207,920
3,196,599

21
21
21
20
21
21
22
19
20
22
20
18

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

23,150
23,300
23,100
26,250
34,500
31,550
34,600
32,350
33,300
37,350
30,800
27,300

20,900
21,650
21,700
22,150
24,800
25,550
26,000
26,600
30,100
29,600
25,700
25,100

22,050
22,850
22,800
26,250
30,500
30,750
31,800
31,200
30,150
30,000
26,600
26,000

23,609
17,807
16,433
15,906
21,913
34,773
24,938
25,112
28,077
26,976
27,121
22,404

61,636
44,383
50,808
50,732
57,502
62,429
45,612
39,989
50,371
54,142
53,564
36,810

1,347,431
1,001,564
1,147,414
1,178,848
1,657,707
1,795,607
1,435,491
1,191,169
1,587,564
1,698,290
1,502,119
963,138

21
20
19
22
22
19
23
17
21
21
20
19

Jan-14

28,775 25,800 28,550

44,445

49,313

1,352,166

20

(Thou. Sh.) (Million Rp)

30,857
347,247
17,150
192,747
41,522
500,726
31,299
397,505
45,746
686,004
45,361
755,493
48,902
818,405
41,934
696,369
49,461
826,348
46,924
819,428
70,085 1,158,321
45,919
729,446

20
19
22
21
19
22
22
21
17
21
21
20

245%
210%
179.5%

175%

158.4%
140%
105%
70%

71.6%

35%
-35%

Jan 10

Jan 11

Jan 12

Jan 13

Jan 14

SHARES TRADED

2010

2011

2012

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

515
7,928
127
245

557
8,847
175
247

552
12,558
225
246

608
16,506
285
244

49
1,352
44
20

19,200
10,550
16,500
16,500

19,000
13,800
18,800
18,800

28,500
17,500
20,850
20,850

37,350
20,900
26,000
26,000

28,775
25,800
28,550
28,550

34.45
16.22
38.97

32.87
19.75
40.09

36.37
19.15
36.00

39.94
23.95
39.53

Price (Rupiah)
High
Low
Close
Close*

37.17
PER (X)
16.41
PER Industry (X)
31.12
PBV (X)
* Adjusted price after corporate action

2013 Jan-14

UNVR Unilever Indonesia Tbk. [S]

Financial Data and Ratios

Book End : December

Public Accountant : Tanudiredja, Wibisana & Rekan (Member of PricewaterhouseCoopers Global Network)
BALANCE SHEET

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

858,322

317,759

336,143

229,690

261,202

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Assets

Receivables

1,345,255

1,752,633

2,188,280

2,261,941

3,279,694

Inventories

1,340,036

1,574,060

1,812,821

2,061,899

2,084,331

Current Assets

3,598,793

3,748,130

4,446,219

5,035,962

5,862,939

68,371

4,148,778

5,314,311

6,283,479

6,874,177

50,377

75,705

70,456

69,271

8,701,262 10,482,312 11,984,979

7,485,249

Fixed Assets
Other Assets
Total Assets

55,058
7,484,990

Current Liabilities
Long Term Liabilities
Total Liabilities

10,000
7,500
5,000

16.25%

20.47%

14.34%

-37.54%

2,500

3,454,869

4,402,940

6,474,594

7,535,896

8,419,442

321,546

249,469

326,781

480,718

674,076

3,776,415

4,652,409

6,801,375

8,016,614

9,093,518

23.20%

46.19%

17.87%

13.43%

Growth (%)

Growth (%)

Liabilities

12,500

2009

2010

2011

2012

2013

TOTAL EQUITY (Bill. Rp)

Authorized Capital

76,300

76,300

76,300

76,300

76,300

Paid up Capital

76,300

76,300

76,300

76,300

76,300

7,630

7,630

7,630

7,630

7,630

10

10

10

10

10

Retained Earnings

3,530,519

3,873,119

3,504,268

4,933,326

4,082,370

Total Equity

3,702,819

4,045,419

3,680,937

3,968,365

4,254,670

9.25%

-9.01%

7.81%

7.21%

Dec-10

Dec-11

Dec-12

Dec-13

Paid up Capital (Shares)

Par Value

4,255

4,045

4,255

3,703

3,968
3,681

3,387

2,519

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-09

1,651

783

18,246,872 19,690,239 23,469,218 27,303,248 30,757,435

7.91%

Growth (%)

19.19%

16.34%

12.65%

-85

2009

2010

2011

2013

9,485,274 11,462,805 13,414,122 14,978,947

Cost of Revenues

9,200,878

Gross Profit

9,045,994 10,204,965 12,006,413 13,889,126 15,778,488

Expenses (Income)

4,831,103

5,662,340

6,431,614

7,391,019

8,614,043

Operating Profit

4,214,891

4,542,625

5,574,799

6,498,107

7,164,445

7.78%

22.72%

16.56%

10.25%

TOTAL REVENUES (Bill. Rp)

30,757
30,757

Growth (%)

2012

27,303
23,469

24,483

33,699

-3,982

-31,342

-5,637

Income before Tax

4,248,590

4,538,643

5,574,799

6,466,765

7,158,808

Tax

1,205,236

1,153,995

1,410,495

-1,627,620

1,806,183

Profit for the period

3,043,354

3,384,648

4,164,304

4,839,145

5,352,625

11.21%

23.04%

16.21%

10.61%

Other Income (Expenses)

Growth (%)

18,247

19,690

18,208

11,934

5,659

Period Attributable

3,043,354

3,386,970

4,163,369

4,839,277

5,352,625

Comprehensive Income

3,044,107

3,384,648

4,164,304

4,839,145

5,352,625

3,386,970

4,163,369

4,839,277

5,352,625

Comprehensive Attributable

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

Current Ratio (%)

104.17

85.13

68.67

66.83

69.64

Dividend (Rp)

399.00

444.00

546.00

634.00

330.00

EPS (Rp)

398.87

443.90

545.66

634.24

701.52

BV (Rp)

485.30

530.20

482.43

520.10

557.62

DAR (X)

0.50

0.53

0.65

0.67

1.21

RATIOS

-615

2009

2010

2011

2012

2013

PROFIT FOR THE PERIOD (Bill. Rp)

5,353
4,839

5,353

4,164
4,261

3,043

3,385

3,169

1.02

1.15

1.85

2.02

2.14

ROA (%)

40.66

38.90

39.73

40.38

71.51

ROE (%)

82.19

83.67

113.13

121.94

125.81

GPM (%)

49.58

51.83

51.16

50.87

51.30

OPM (%)

23.10

23.07

23.75

23.80

23.29

NPM (%)

16.68

17.19

17.74

17.72

17.40

100.03

100.02

100.06

99.96

47.04

3.61

2.69

2.90

3.04

1.27

DER(X)

Payout Ratio (%)

Yield (%)

2,077

985

-107

2009

2010

2011

2012

2013