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Page 1: )'2, ( )( -# && -- DBCE (!,#& ). & · 2015-03-06 · 1.BPKP = Board of Finance and Development Control 2.PEFINDO = Indonesian Securities Rating Agency 3.Assessment by Indonesia Quality
Page 2: )'2, ( )( -# && -- DBCE (!,#& ). & · 2015-03-06 · 1.BPKP = Board of Finance and Development Control 2.PEFINDO = Indonesian Securities Rating Agency 3.Assessment by Indonesia Quality

• Providing Excellent Integrated Product in Energy, Industrial & Infrastructure

• Accomplish Key Stakeholders Expectation• Practicing Business Ethics to Promote Good Corporate Citizen

and Company Sustainability• Strategic Overseas Expansion• Implementing “Best Practice” Integrated Management System

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••

••••••

Investment in Associates

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BETHSAIDA BUILDING, SERPONG PARAGON SOLO, CENTRAL JAVA PINEWOOD JATINANGOR,

SUMEDANG

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TANK-FARM

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1.BPKP = Board of Finance and Development Control2.PEFINDO = Indonesian Securities Rating Agency3.Assessment by Indonesia Quality Award (IQA)4.Assessment by Kriteria Penilaian Kinerja Unggul (KPKU)5.Assessment by LPPM6.Assessment by AON Hewitt

GCG SCORE(BPKP ASSESSMENT)1)

CORPORATE RATING (PEFINDO)2)

PERFORMANCE EXCELLENCE

ENGAGEMENT LEVEL

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CAGR Net Income 2007 – 2013F

CAGR Sales 2007 – 2013F :

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Carry Over from 2009

Carry Over

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Government Private

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Description 2012 2011 Growth YoY

New Order Book 17,125.32 13,568.64 26.2%Order Book 33,717.77 26,590.55 26.8%Sales 9,816.09 7,741.82 26.8%Sales JO 2,437.52 1,145.38 112.8%Sales + Sales JO 12,253.61 8,887.2 37.9%Cost of Sales (8,902.21) (6.978.41) 27.6%Profit (Loss) JO Projects 197.50 101.52 94.5%Gross Profit 1,111.38 864.93 28.5%

% 9.1 9.7Operating Expense (265.96) (211.19) 25.9%Operating Income 845.42 653.74 29.3%

% 8.6 8.4Other Income (expense) (37.50) (24.13) 55.4%Profit (loss) before Income Tax 807.92 629.61 28.3%

% 8.2 8.1Final Tax (241.79) (186.63) 29.6%Non Final Tax (77.13) (62.94) 22.5%Deferred Tax 16.12 10.91 47.8%Net Income 505.12 390.95 29.2%

% 5.1 5.0Other Comprehensive Income After Tax 3.64 10.88 (66.5%)Comprehensive Income 508.76 401.83 26.6%

% 5.2 5.2Income Attributable To:

Parent Entity Owner 457.86 354.50 29.2%Non Controlling Interest 47.26 36.45 29.7%Total 505.12 390.95 29.2%

% 5.1 5.0Earning Per Share (full amount) 74.99 60.59 23.8%

Note : Sales include JO

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Note : Sales include JO

Description June ‘13 June ‘12 Growth %YoY

New Order Book 8,747.19 5,883.67 48.7%Total Order Book 29,423.49 25,114.63 17.2%Sales 5,282.41 4,023.83 31.3%Sales JO 1,352.70 726.05 86.3%Total Sales 6,635.11 4,749.88 39.7%Cost of Sales (4,710.92) (3,663.74) 28.6%Profit (Loss) JO Projects 98.09 67.10 46.2%

7.3 9.2Gross Profit 669.58 427.19 56.7%

12.7 10.6Operating Expense (145.52) (110.12) 32.1%Operating Income 524.06 317.07 65.3%

9.9 7.9Interest Expense (16.42) (9.85) 66.7%Other Income (expense) (15.62) 6.97 (324.1%)Profit (Loss) before Income Tax 492.02 314.19 56.6%

9.3 7.8Final Tax (122.31) (83.54) 46.4%Non Final Tax (54.04) (28.99) 86.4%Deferred Tax 1.18 0.36 227.8%Net Income 316.85 202.02 56.8%

6.0 5.0Other Comprehensive Income After Tax 0.00 0.00 0.0%Comprehensive Income 316.85 202.02 56.8%

6.0 5.0 19.5%Income Attributable To:Parent Entity Owner 280.33 180.07 55.7%Non Controlling Interest 36.52 21.95 66.4%Total 316.85 202.02 56.8%

6.0 5.0Earning Per Share (Rupiah Penuh) 45.67 29.67 53.9%

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Description 2012 2011 Growth YoYTotal Current Assets 7,186.55 5,838.85 23.1%Total Non Current Assets 3,758.65 2,484.13 51.3%TOTAL ASSETS 10,945.20 8,322.98 31.5%Total Current Liabilities 6,527.62 5,127.21 27.3%Total Non Current Liabilities 1,603.58 976.39 64.2%TOTAL LIABILITIES 8,131.20 6,103.60 33.2%Share Capital 610.56 602.73 1.3%Treasury Stock 0.00 (17.67) (100%)Additional PIC 743.63 611.57 21.6%Change of Equity in Subsidiaries 23.53 20.25 16.2%Retained Earning 1,196.35 854.68 40.0%Sub TOTAL EQUITY 2,574.07 2,071.56 24.3%Non Controlling Interest 239.93 147.82 62.3%TOTAL EQUITY 2,814.00 2,219.38 26.8%TOTAL LIABILITIES & EQUITY 10,945.20 8,322.98 31.5%

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Description June ’13 2012 Growth YoYTotal Current Assets 6,984.09 7,186.55 -2.8%Total Non Current Assets 4,268.65 3,758.65 13.6%TOTAL ASSETS 11,252.74 10,945.20 2.8%

Total Current Liabilities 6,567.17 6,527.62 0.6%Total Non Current Liabilities 1,696.56 1,603.58 5.8%TOTAL LIABILITIES 8,263.73 8,131.20 1.6%

Share Capital 613.95 610.56 0.6%Additional PIC 753.00 743.63 1.3%Change of Equity in Subsidiaries 23.53 23.53 0.0%Retained Earning 1,339.32 1,196.35 12.0%Sub TOTAL EQUITY 2,729.80 2,574.07 6.0%

Non Controlling Interest 259.21 239.93 8.0%TOTAL EQUITY 2,989.01 2,814.00 6.2%

TOTAL LIABILITIES & EQUITY 11,252.74 10,945.20 2.8%

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Description 2012 2011Received from Customers 9,584.46 7,613.87Payment to Suppliers (8,766.23) (6,416.41)Payment for Directors and Employees (162.98) (146.42)Payment for Operating Expenses and Others (91.01) (60.04)Deposit Interest Receipt 36.49 34.32Payment of Interest (36.23) (15.70)Payment of Taxes (112.99) (171.20)CASH FLOW FROM OPERATING ACTIVITIES 451.50 838.42CASH FLOW FROM INVESTING ACTIVITIES (1,067.74) (815.53)CASH FLOW FROM FINANCING ACTIVITIES 871.06 (6.23)INCREASE (DECREASE) OF NET CASH & CASH EQUIVALENT 254.83 16.61BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1,244.32 1,227.70ENDING BALANCE OF CASH & CASH EQUIVALENT 1,499.14 1,244.32

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Description June ’13 June ’12Received from Customers 5,099.33 3,679.05Payment to Suppliers (4,956.06) (3,735.34)Payment for Directors and Employees (105.55) (81.79)Payment for Operating Expenses and Others (55.46) (33.92)Deposit Interest Receipt 18.72 19.67Payment of Interest (16.41) (9.85)Payment of Taxes (177.25) (136.35)CASH FLOW FROM OPERATING ACTIVITIES (192.68) (298.53)CASH FLOW FROM INVESTING ACTIVITIES (528.04) (720.45)CASH FLOW FROM FINANCING ACTIVITIES 212.02 920.35INCREASE (DECREASE) OF NET CASH & CASH EQUIVALENT (508.70) (98.63)BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1,499.14 1,244.32ENDING BALANCE OF CASH & CASH EQUIVALENT 990.44 1,145.69

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YearNet Income(IDR Bio)

EPS(IDR) Dividend Payout Ratio

2008 156.03 26.75 30%2009 189.22 33.37 30%2010 284.92 50.15 35%2011 354.50 60.59 30%2012 457.86 76.01 30%

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BUYTarget Price Rp 2,770

29.04.2013

BINAARTHA

PARAMABUY

Target Price Rp 2,550 15.07.2013

BUYTarget Price Rp 2,200

26.03.2013

BUYTarget Price Rp 2,000

19.03.2013

OUTPERFORMTarget Price Rp 2,300

26.04.2013

BUANA CAPITALBUY

Target Price Rp 2,48015.08.2013

BUYTarget Price Rp 2,550

15.07.2013

NEUTRALTarget Price Rp 2,200

30.07.2013

BUYTarget Price Rp 1640

18.10.2012

BUYTarget Price Rp 3,200

13.05.2013

HOLDTarget Price Rp 1,700

20.03.2013

NEUTRALTarget Price Rp 2,500

29.04.2013

HOLDTarget Price Rp 2,625

29.05.2013

BUYTarget Price Rp 3,175

10.09.2013

BUYTarget Price Rp 2,850

21.08.2013

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Additional Information is available upon request. For further Information please contact:

Natal Argawan Pardede, Corporate SecretaryPhone (021) 8192808 or Facsimile (021) 8191235

Visit us: www.wika.co.id

DisclaimerThis material is for Information only, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The Information herein has been obtained from sources believed to be reliable, but we do not warrant that it is accurate or complete, and it should not be relied upon as such. Opinion expressed is our current opinion as of the date appearing on this material only, and subject to change without notice. It is intended for the use by recipient only and may not be reproduced or copied/photocopied or duplicated or made available in any form, by any means, or redistributed to others without written permission of PT Wijaya Karya (Persero) Tbk.

The End of Presentation