PT Mayora Indah Tbk.

Food and Beverages

Head Office Mayora Building Summary of Financial Statement

Jl. Tomang Raya 21-23
Jakarta 11440 (Million Rupiah)
Phone (021) 565-5320-22 2011 2012 2013
Fax (021) 565-5323 Total Assets 6,599,846 8,302,506 9,709,838
Telex 45864 BISCO IA Current Assets 4,095,299 5,313,600 6,430,065
E-mail: myor@mayora.co.id of which
Factories - Jl. Telesonik, Kel. Pasir Jaya Cash and cash equivalents 325,317 1,339,570 1,860,492
Kec. Jatiuwung, Tangerang, Banten Trade receivables 1,673,228 2,035,329 2,796,179
Phone (021) 590-2173, Fax (021) 590-2167 Inventories 1,336,250 1,498,989 1,456,454
- Blok H-10, Kawasan Industri MM 2100 Non-Current Assets 2,504,547 2,988,907 3,279,773
of which
Cikarang Barat, Bekasi, Jawa Barat
Fixed Assets-Net 2,038,407 2,857,933 3,114,329
Phone (021) 898-0195, Fax (021) 898-0293
Deffered Tax Assets 2,339 2,227 1,753
- Jl. Yos Sudarso, Kel. Kebon Besar
Kec. Batu Ceper, Tangerang, Banten Liabilities 4,175,176 5,234,656 5,771,077
Phone (021) 545-4987, Fax (021) 619-2812 Current Liabilities 1,845,792 1,924,434 2,631,646
Business Confectionery of which
Company Status PMDN Short-term debt 525,000 625,000 790,000
Trade payables 1,021,696 841,663 1,083,847
Financial Performance: The Company booked net prof- Taxes payable 6,327 84,223 96,430
it at IDR1.053 billion in 2013, increasing from IDR742 billion Accrued expenses 69,247 217,600 237,746
booked in 2012. Current maturities of
Brief History: Since first established in 1977, PT Mayora long-term debts 159,235 145,053 328,596
Non-Current Liabilities 2,329,385 3,310,222 3,139,431
Indah Tbk has been one of Indonesias important food indus-
tries. As a result of the countrys growth in economy and the Shareholders' Equity 2,424,669 3,067,850 3,938,761
shift of social consumptive pattern towards more practical Paid-up capital 383,292 383,292 447,174
products, PT Mayora boasts a rapid growth over the years. Paid-up capital
in excess of par value 64,212 64,212 330
Today, PT Mayora Indah Tbk is divided into 6 business
Retained earnings 1,977,165 2,620,346 3,491,257
divisions:
1. Biscuit: Roma, Better, Slai O Lai, and Danisa Net Sales 9,453,866 10,510,626 12,017,837
2. Candy: Kopiko, Kis, Tamarin, and Plonk Cost of Goods Sold 7,795,455 8,165,010 9,096,171
3. Wafer: Beng Beng, Astor, and Roma Gross Profit 1,658,411 2,345,616 2,921,666
Operating Expenses 900,534 1,189,056 1,616,857
4. Chocolate: Choki Choki, and Danisa Operating Profit 757,877 1,156,560 1,304,809
5. Health Food: Energen Other Income (Expenses) (131,436) (196,745) 51,264
6. Coffee: Torabika Profit (Loss) before Taxes 626,441 959,815 1,356,073
To meet the ever increasing market demands, PT Mayora Comprehensive Profit (Loss) 483,826 742,837 1,053,625
Indah Tbk went public through Initial Public Offering (IPO) in
Per Share Data (Rp)
1990. A successful move that is evident in the materialization Earnings per Share 631 969 1,178
of factories in Tangerang, Bekasi and Surabaya, which employ Equity per Share 3,163 4,002 4,404
5,300 workers. Dividend per Share 130 230 230
Supported with strong and wide distribution networks, Closing Price 14,250 20,000 26,000

products of PT Mayora Indah Tbk are available throughout In-

Financial Ratios
donesia and some overseas countries such as Malaysia, Thai- PER (x) 22.58 20.64 22.07
land, Philippines, Vietnam, Singapore, Hong Kong, Saudi Arabia, PBV (x) 4.51 5.00 5.90
Australia, Africa, America and Italy. Dividend Payout (%) 0.21 0.24 n.a
Dividend Yield (%) 0.01 0.01 n.a

Current Ratio (x) 2.22 2.76 2.44

Debt to Equity (x) 1.72 1.71 1.47
Leverage Ratio (x) 0.63 0.63 0.59
Gross Profit Margin (x) 0.18 0.22 0.24
Operating Profit Margin (x) 0.08 0.11 0.11
Net Profit Margin (x) 0.05 0.07 0.09
Inventory Turnover (x) 5.83 5.45 6.25
Total Assets Turnover (x) 1.43 1.27 1.24
Shareholders ROI (%) 7.33 8.95 10.85
PT Unita Branindo 32.93% ROE (%) 19.95 24.21 26.75
Koperasi Karyawan PT Mayora Indah Group 0.11%
PER = 44,88x ; PBV = 6,49x (June 2014)
Pusat Pendidikan Perbekalan Dan Angkutan Primer Financial Year: December 31
Koperasi TNI Angkatan Darat 0.03% Public Accountant: Mulyamin Sensi Suryanto & Lianny
Public 66.93%

174 Indonesian Capital Market Directory 2014

PT Mayora Indah Tbk. Food and Beverages

Board of Commissioners Board of Directors

President Commissioner Jogi Hendra Atmadja President Director Andre Sukendra Atmadja
Commissioners Hermawan Lesmana, Ramli Setiawan, Directors Hendrik Polisar, Wardhana Atmadja,
Suryanto Gunawan, Gunawan Atmadja Mulyono Nurlimo, Hendarta Atmadja
Number of Employees 10,601
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 04-Jul-90 04-Jul-90 3,000,000 3,000,000
2 Partial Listing 04-Jul-90 18-Jul-90 3,300,000 6,300,000
3 Dividend 15-Oct-92 15-Oct-92 10,500,000 16,800,000
4 Cooperative 15-Oct-92 15-Oct-92 210,000 17,010,000
5 Company Listing 30-Dec-92 30-Dec-92 14,490,000 31,500,000
6 Right Issue 30-Dec-92 30-Dec-92 63,000,000 94,500,000
7 Dividend Shares 08-Sep-93 08-Sep-93 3,780,000 98,280,000
8 Right Issue 01-Mar-94 01-Mar-94 24,570,000 122,850,000
9 Dividend Shares 22-Aug-94 22-Aug-94 4,914,000 127,764,000
10 Stock Split 19-Oct-95 19-Oct-95 127,764,000 255,528,000
11 Bonus Shares 19-Oct-95 19-Oct-95 511,056,000 766,584,000
12 Bonus Shares 31-Oct-13 31-Oct-13 127,763,989 894,347,989

Underwriters
PT FICORINVEST, PT ASEAM, PT Jardine Fleming Nusantara Finance, PT Sinar Mas Ekagraha
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-13 20,550 19,150 20,550 9,621.00 189,682.00 4,632 21 766,584,000 15,753,301.00
February-13 25,100 20,000 25,000 5,926.00 130,533.00 3,328 20 766,584,000 19,164,600.00
March-13 27,950 24,000 27,100 3,526.00 93,166.00 1,167 19 766,584,000 20,774,426.00
April-13 30,600 26,350 30,050 5,153.00 150,202.00 1,540 22 766,584,000 23,035,849.00
May-13 37,200 29,950 36,250 3,955.00 133,134.00 1,392 22 766,584,000 27,788,670.00
June-13 35,500 28,000 30,150 5,251.00 164,003.00 3,423 19 766,584,000 23,112,508.00
July-13 34,050 27,300 32,000 4,064.00 124,200.00 1,564 23 766,584,000 24,530,688.00
August-13 33,300 27,500 30,000 5,379.00 162,103.00 799 16 766,584,000 22,997,520.00
September-13 33,200 28,000 31,650 3,060.00 92,253.00 730 21 766,584,000 24,262,384.00
October-13 32,400 27,700 29,300 1,686.00 52,798.00 705 21 894,347,989 26,204,396.00
November-13 30,000 27,750 27,800 1,663.00 47,889.00 505 19 894,347,989 24,862,874.00
December-13 28,850 22,500 26,000 4,423.00 117,706.00 566 19 894,347,989 23,253,048.00
January-14 27,500 24,500 27,000 1,613.00 41,555.00 1,478 20 894,347,989 24,147,396.00
February-14 30,800 26,500 30,100 1,852.00 52,207.00 1,476 20 894,347,989 26,919,874.00
March-14 31,000 28,500 30,000 2,445.00 73,304.00 1,512 18 894,347,989 26,830,440.00
April-14 30,400 27,925 28,000 2,367.00 70,270.00 1,001 20 894,347,989 25,041,744.00
May-14 29,975 28,025 28,850 959.00 27,585.00 1,305 18 894,347,989 25,801,939.00
June-14 29,650 28,050 29,400 1,275.00 37,229.00 1,373 21 894,347,989 26,293,831.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
40,000 400

35,000 350

30,000 300

25,000 250

20,000 200

15,000 150

10,000 100

5,000 50

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 175