Laporan Tahunan Annual Report2008

PT ASAHIMAS FLAT GLASS Tbk

AGC Group

01

Daftar Isi

Table of Contents

PT Asahimas Flat Glass Tbk

Laporan Tahunan 2008 Annual Report

Financial Highlights

Board of Commissioners Report

Board of Directors Report

Management Analysis and Review Review by Business Segments

Financial Analysis and Review

Materiality Information

Dividend Payment

Marketing

Corporate GovernanceBoard of Commissioners

Board of Directors

Audit Committee

Other Committees

Corporate Secretary

Internal Supervision and Control

Business Risk Management

Important Case

Environment and Social Responsibility

Company ProfileThe Companys Name and Address

The Company's Brief History

The Company's Business Line and Product

The Company's Organization Structure

The Company's Mission & Vision

Boards of Commissioners & Directors

Board of Commissioners' Curriculum Vitae

Board of Directors' Curriculum Vitae

Human Resource

Structure of Share Ownership

Subsidiary Company

Changes of Share Ownership of the Company

Price and Volume of Share Transaction

Capital Market Supporting Institutions

Awards and Certifications

Kind of the Companys Products

Financial Statements with Independent Auditors Report

Ikhtisar Keuangan

Laporan Dewan Komisaris

Laporan Direksi

Analisa dan Pembahasan ManajemenTinjauan Operasi Per Segmen Usaha

Analisa dan Tinjauan Keuangan

Informasi Material

Pembayaran Dividen

Pemasaran

Tata Kelola PerusahaanDewan Komisaris

Direksi

Komite Audit

Komite-Komite Lainnya

Sekretaris Perusahaan

Pengawasan dan Pengendalian Intern

Pengelolaan Risiko Usaha

Perkara Penting

Tanggung Jawab Sosial dan Lingkungan

Profil PerseroanNama dan Alamat Perseroan

Riwayat Singkat Perseroan

Kegiatan Usaha dan Produk Perseroan

Struktur Organisasi Perseroan

Misi & Visi Perseroan

Dewan Komisaris & Direksi

Riwayat Hidup Dewan Komisaris

Riwayat Hidup Direksi

Sumber Daya Manusia

Struktur Kepemilikan Saham

Anak Perusahaan

Perubahan Jumlah Saham Perseroan

Harga dan Volume Transaksi Saham

Lembaga Penunjang Pasar Modal

Penghargaan dan Sertifikasi

Jenis-Jenis Produk Perseroan

Laporan Keuangan Beserta Laporan Auditor Independen

02

05

07

1010

11

12

12

12

1314

16

18

19

21

22

22

23

24

2626

26

27

28

28

29

30

31

32

34

35

36

36

36

37

38

41

02

Ikhtisar Keuangan

Financial Highlights

Penjualan Bersih

Beban Pokok Penjualan

Laba Kotor

Beban Usaha

Laba Usaha

Beban Lain-Lain, Bersih

Laba/(Rugi) Sebelum

Pajak Penghasilan Badan

Beban Pajak Penghasilan Badan

Hak Minoritas Atas Rugi Bersih

Anak Perusahaan

Laba/(Rugi) Bersih

Jumlah Saham Beredar (Juta)

Laba Usaha Per Saham (Rp)

Laba/(Rugi) Bersih Per Saham (Rp)

Nilai Nominal Per Saham (Rp)

Net Sales

Cost of Goods Sold

Gross Profit

Operating Expenses

Operating Profit

Other Expenses, Net

Profit/(Loss) Before

Corporate Income Tax

Corporate Income Tax Expense

Minority Interest in Net Loss

of Subsidiaries

Net Profit/(Loss)

Number of Shares (Million)

Operating Profit Per Share (Rp)

Net Earnings/(Loss) Per Share (Rp)

Nominal Value Per Share (Rp)

2.235.021

1.546.314

688.707

342.249

346.458

(6.002)

340.456

(112.188)

-

228.268

434

798

526

500

1.909.805

1.362.548

547.257

298.092

249.165

(23.669)

225.496

(70.486)

-

155.010

434

574

357

500

1.541.551

1.267.327

274.224

266.508

7.716

(24.775)

(17.059)

(161)

-

(17.220)

434

18

(40)

500

1.719.319

1.149.302

570.017

260.466

309.551

(4.313)

305.238

(92.691)

6

212.553

434

713

490

500

1.457.267

929.429

527.838

226.035

301.803

(5.452)

296.351

(89.567)

7

206.791

434

695

476

500

2008 2007** 2006 2005* 2004*

Statements of Profit & LossFor the years ended December 31

(In Million Rupiah Except Earning Per Share)

Laporan Laba RugiUntuk tahun-tahun yang berakhir pada tanggal 31 Desember(Dalam Jutaan Rupiah kecuali Laba Per Saham)

PT Asahimas Flat Glass Tbk

Laporan Tahunan 2008 Annual Report

* Laporan Keuangan Dikonsolidasi / Financial Statements are Consolidated** Setelah Penyajian Kembali / After Restatement

(Dalam Milyar Rupiah / In Billion Rupiah)

(Dalam Milyar Rupiah / In Billion Rupiah)

(Dalam Milyar Rupiah / In Billion Rupiah)

(Dalam Milyar Rupiah / In Billion Rupiah)

Penjualan Bersih Net Sales

0 500 1.000 1.500 2.000 2.500

2008

2007**

2006

2005*

2004*

2.235

1.910

1.542

1.719

1.457

Jumlah EkuitasJumlah Aktiva Total EquityTotal Assets

0 200 400 600 800 1.000 1.200 1.400 1.6000 500 1.000 1.500 2.000 2.500

1.497

1.311

1.148

1.201

1.031

Laba Usaha Operating Profit

0 50 100 150 200 250 300 350 400

346

249

8

310

302

1.993

1.801

1.630

1.566

1.564

2008

2007**

2006

2005*

2004*

2008

2007**

2006

2005*

2004*

2008

2007**

2006

2005*

2004*

03

Ikhtisar Keuangan

Financial Highlights

03

* Laporan Keuangan Dikonsolidasi / Financial Statements are Consolidated** Setelah Penyajian Kembali / After Restatement

Kewajiban Lancar

Hutang Bank

Kewajiban Lancar Lain-Lain

Jumlah Kewajiban Lancar

Kewajiban Jangka Panjang

Hutang Bank Jangka Panjang

Hutang Lain-Lain Pada Pihak Yang

Mempunyai Hubungan Istimewa

Kewajiban Jangka Panjang Lain-Lain

Jumlah Kewajiban Jangka Panjang

Jumlah Kewajiban

Hak Minoritas Atas Aktiva Bersih

Anak Perusahaan

Ekuitas

Jumlah Kewajiban

Hak Minoritas dan Ekuitas

Modal Kerja Bersih

Current Liabilities

Bank Borrowing

Other Current Liabilities

Total Current Liabilities

Long-Term Liabilities

Long-Term Bank Borrowing

Other Related Party Payables

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Minority Interest

in Subsidiaries' Net Asset

Shareholders' Equity

Total Liabilities Minority Interest

and Shareholders Equity

Net Working Capital

-

319.553

319.553

-

-

176.239

176.239

495.792

-

1.497.241

1.993.033

783.488

108.319

214.719

323.038

-

-

167.058

167.058

490.096

-

1.310.919

1.801.015

564.905

225.500

119.703

345.203

-

9.749

126.664

136.413

481.616

-

1.148.053

1.629.669

420.556

120.762

98.211

218.973

-

15.329

130.527

145.856

364.829

38

1.200.812

1.565.679

487.665

228.927

113.013

341.940

39.807

15.056

136.020

190.883

532.823

44

1.031.163

1.564.030

304.986

2008 2007** 2006 2005* 2004*Kewajiban dan EkuitasLiabilities and

Shareholders Equity

Aktiva Lancar

Piutang Lain-Lain Pada Pihak yang

Mempunyai Hubungan Istimewa

Investasi Pada Perusahaan Asosiasi

Investasi Jangka Panjang Lain-Lain

Aktiva Tetap (Bersih)

Aktiva Lain-Lain (Bersih)

Jumlah Aktiva

Current Assets

Other Related Party Receivables

Investment in Associated Company

Other Long-Term Investments

Fixed Assets (Net)

Other Assets (Net)

Total Assets

1.103.041

-

-

1.490

874.547

13.955

1.993.033

887.942

763

5.820

1.490

896.905

8.095

1.801.015

765.759

1.086

6.878

2.421

849.066

4.459

1.629.669

706.638

-

10.549

930

843.019

4.543

1.565.679

646.926

-

8.886

1.155

893.15

13.913

1.564.030

2008 2007** 2006 2005* 2004*Aktiva Assets

Balance SheetsAs of December 31 (In Million Rupiah)

NeracaPer 31 Desember (Dalam Jutaan Rupiah)

PT Asahimas Flat Glass Tbk

Laporan Tahunan 2008 Annual Report

04

Komposisi Nilai Penjualan Bersih 2008 2008 Net Sales Amount Composition

47%EksporExport

53%DomestikDomestic

28%Kaca Otomotif

Automotive Glass

72%Kaca LembaranFlat Glass

PT Asahim