KBRI Kertas Basuki Rachmat Indonesia Tbk.

COMPANY REPORT : JANUARY 2017 As of 31 January 2017

Development Board Individual Index : 9.615
Industry Sector : Basic Industry And Chemicals (3) Listed Shares : 8,687,995,734
Industry Sub Sector : Pulp & Paper (38) Market Capitalization : 434,399,786,700
400 | 0.43T | 0.008% | 99.58%

405 | 0.01T | 0.0007% | 99.98%

COMPANY HISTORY SHAREHOLDERS (January 2017)

Established Date : 14-Feb-1978 1. Suisse Charter Investment Ltd. 2,953,918,550 : 34.00%
Listing Date : 11-Jul-2008 2. Wyoming International Limited 2,641,150,728 : 30.40%
Under Writer IPO : 3. Quest Corporation 920,927,523 : 10.60%
PT Henan Putihrai 4. Public (<5%) 2,171,998,933 : 25.00%
Securities Administration Bureau :
PT Ficomindo Buana Registrar DIVIDEND ANNOUNCEMENT
Mayapada Tower 10th Fl. Suite 02 B, Jln. Jend. Sudirman Kav. 28, Bonus Cash Recording Payment
F/I
Karet - Setiabudi, Jakarta 12920 Year Shares Dividend Cum Date Ex Date Date Date
Phone : (021) 521-2316, 2317 -
Fax : (021) 521-2320
ISSUED HISTORY
BOARD OF COMMISSIONERS Listing Trading
1. Antonius Kristijanto No. Type of Listing Shares Date Date
2. Hadi Purnomo 1. First Issue 1,360,000,000 11-Jul-08 11-Jul-08
3. Melania Halim 2. Company Listing 2,500,000,000 11-Jul-08 11-Mar-08
*) Independent Commissioners 3. Warrant 7,500 22-Jan-09 22-Jan-09
4. Warrant 20 10-Aug-09 10-Aug-09
BOARD OF DIRECTORS 5. Warrant 50,000 08-Oct-09 08-Oct-09
1. Sonie Budi Wijaya 6. Warrant 20 06-Jul-10 06-Jul-10
2. Mohamad Mundakir 7. Reverse Split -1,930,028,780 28-Sep-10 28-Sep-10
3. Rizalsyah Riezky 8. Right Issue 5,983,089,156 29-Dec-10 29-Dec-10
9. Warrant I 26 21-Jun-11 21-Jun-11
AUDIT COMMITTEE 10. Additional Listing without RI 774,877,000 10-Oct-11 10-Oct-11
1. Melania Halim 11. Warrant II 300 26-Dec-12 26-Dec-12
2. Arif Kristiawan 12. Warrant II 258 12-Feb-13 12-Feb-13
3. Renanda Soegiono 13. Warrant II 97 31-Oct-13 31-Oct-13
14. Warrant II 137 06-Nov-13 06-Nov-13
CORPORATE SECRETARY
Henry Priyantoro

HEAD OFFICE
Antam Office Park Tower B, 11th Fl.
Jln. Letjen TB. Simatupang No. 1 RT.010/04 Tanjung Barat Jagakarsa
Jakarta Selatan 12530
Phone : (021) 2963-4985
Fax : (021) 2963-4987

Homepage : www.kbri.co.id
Email : corsec@kbri.co.id
heidy@kbri.co.id
 KBRI Kertas Basuki Rachmat Indonesia Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Kertas Basuki Rachmat Indonesia Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2013 - January 2017 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
64 2,400 Jan-13 51 50 50 198 1,749,719 83,370 19
Feb-13 52 50 50 1,166 182,446 9,180 20
56 2,100 Mar-13 50 50 50 853 431,051 21,539 16
Apr-13 52 50 50 1,349 247,205 12,363 18
May-13 51 50 50 1,442 101,035 5,222 21
48 1,800
Jun-13 51 50 50 298 26,038 1,302 14
Jul-13 50 50 50 204 30,488 1,524 12
40 1,500
Aug-13 50 50 50 134 112,777 5,623 6
Sep-13 50 50 50 26 12,650 235 10
32 1,200
Oct-13 50 50 50 368 8,266 460 11
Nov-13 50 50 50 29 21,538 1,069 8
24 900 Dec-13 50 50 50 15 812,694 40,653 10

16 600 Jan-14 50 50 50 15 32,599 1,683 9

Feb-14 50 50 50 14 3,948 251 10
8 300 Mar-14 53 50 50 660 62,585 3,186 17
Apr-14 50 50 50 80 2,957 80 16
May-14 50 50 50 14 79,859 3,981 10
Jun-14 - - 50 - - - -
Jan-13 Jan-14 Jan-15 Jan-16 Jan-17
Jul-14 - - 50 - - - -
Aug-14 50 50 50 534 1,713,512 85,657 16
Sep-14 52 50 50 1,131 94,386 4,726 17
Closing Price*, Jakarta Composite Index (IHSG) and Oct-14 50 50 50 31 6,386 315 14
Basic Industry and Chemicals Index Nov-14 54 50 50 3,147 178,089 9,021 19
January 2013 - January 2017 Dec-14 52 50 50 776 1,713,143 92,052 20
60%
Jan-15 71 50 58 12,392 747,055 45,860 18
45% Feb-15 59 50 51 7,256 332,749 17,756 19
Mar-15 53 50 50 2,550 87,362 4,395 22
30% Apr-15 64 50 50 17,536 578,547 31,925 19
May-15 54 50 51 4,370 190,484 9,612 19
21.8%
15% Jun-15 52 50 50 775 564,338 30,014 18
Jul-15 51 50 50 149 11,388 564 15
6.6%
Aug-15 50 50 50 120 25,141 1,097 13
-
-2.0% Sep-15 50 50 50 8 9 0.4 5
Oct-15 51 50 50 188 38,604 1,930 15
-15%
Nov-15 50 50 50 20 586 15 7
Dec-15 50 50 50 199 36,088 1,603 9
-30%

Jan-16 50 50 50 124 531,386 26,569 11

-45% Feb-16 50 50 50 168 576 29 9
Mar-16 50 50 50 271 1,054 53 14
-60% Apr-16 52 50 50 497 151,414 6,907 15
Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 May-16 51 50 50 33 1,758 72 14
Jun-16 51 50 50 58 6,332 317 13
Jul-16 50 50 50 71 24,729 1,281 10
SHARES TRADED 2013 2014 2015 2016 Jan-17 Aug-16 50 50 50 118 10,079 239 14
Volume (Million Sh.) 3,736 3,887 2,612 798 1 Sep-16 50 50 50 16 60 3 6
Value (Billion Rp) 183 201 145 39 0.06 Oct-16 51 50 50 438 59,445 2,973 17
Frequency (Thou. X) 6 6 46 2 0.08 Nov-16 50 50 50 108 59 3 13
Days 165 148 179 148 14 Dec-16 50 50 50 57 11,284 314 12

Price (Rupiah) Jan-17 50 50 50 83 1,213 56 14

High 52 54 71 52 50
Low 50 50 50 50 50
Close 50 50 50 50 50
Close* 50 50 50 50 50

PER (X) -17.94 -15.64 -2.79 -4.08 -4.08

PER Industry (X) 6.83 16.60 4.10 20.86 23.23
PBV (X) 0.63 0.65 0.83 0.98 0.98
* Adjusted price after corporate action
 KBRI Kertas Basuki Rachmat Indonesia Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Hendrawinata Eddy Siddharta & Tanzil (Member of Kreston International)

BALANCE SHEET Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 11,634 688 14,947 6,338 217 1,500

Receivables 2,201 42,348 36,076 104,376 47,616

3,838 3,465 16,459 126,055 37,980 1,200
Inventories
Current Assets 35,556 77,240 127,838 315,601 145,220
900
Fixed Assets 702,271 706,919 1,166,313 1,139,429 1,110,870
Other Assets - - 96 89 342
600
Total Assets 740,753 788,749 1,299,315 1,455,931 1,257,245
Growth (%) 6.48% 64.73% 12.05% -13.65% 300

Current Liabilities 15,460 55,576 71,285 392,667 353,302 -

Long Term Liabilities 13,836 39,937 550,985 542,010 462,634 2012 2013 2014 2015 Sep-16
Total Liabilities 29,296 95,513 622,270 934,678 815,936
Growth (%) 226.03% 551.50% 50.20% -12.70%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 65,159,964 65,159,964 2,909,988 2,909,988 2,909,988 711 693 677
Paid up Capital 1,273,059 1,273,059 1,273,059 1,273,059 1,273,059 711

Paid up Capital (Shares) 8,688 8,688 8,688 8,688 8,688

521
Par Value 400 & 200 & 100 & 50 400 & 200 & 100 & 50 400 & 200 & 100 & 50 400 & 200 & 100 & 50
566

441
Retained Earnings -2,431,389 -2,449,610 -2,467,136 -2,621,720 -2,701,665
711,457 693,236 677,045 521,254 441,309
421

Total Equity
Growth (%) -2.56% -2.34% -23.01% -15.34% 276

INCOME STATEMENTS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 131

Total Revenues 44,640 11,869 34,720 241,207 88,727

Growth (%) -73.41% 192.53% 594.73%
-14

2012 2013 2014 2015 Sep-16

Cost of Revenues 48,299 11,508 23,104 222,037 148,237

Gross Profit -3,659 360 11,615 19,171 -59,510
TOTAL REVENUES (Bill. Rp)
Expenses (Income) -39,711 25,821 - 151,496 10,220
Operating Profit - - - - -69,730 241

Growth (%)
241

192

Other Income (Expenses) - - -29,462 - 4,489

Income before Tax 36,053 -25,460 -17,847 -132,326 -65,241 143

Tax -493 -1,244 -320 23,421 14,704 89

Profit for the period 36,546 -24,217 -17,526 -155,747 -79,945 94

Growth (%) N/A 27.63% -788.65% 45

44
35
12
Period Attributable 36,546 -24,217 17,526 -155,747 -79,945 -5

Comprehensive Income 36,542 -18,221 -16,191 -155,786 -79,945 2012 2013 2014 2015 Sep-16
Comprehensive Attributable - 18,221 -16,191 -155,786 -79,945

RATIOS Dec-12 Dec-13 Dec-14 Dec-15 Sep-16 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 229.98 138.98 179.33 80.37 41.10
37
Dividend (Rp) - - - - - 37

EPS (Rp) 4.21 -2.79 2.02 -17.93 -9.20 2013 2014 2015 Sep-16
BV (Rp) 81.89 79.79 77.93 60.00 50.80 -2

2012
DAR (X) 0.04 0.12 0.48 0.64 0.65 -18
-24
DER(X) 0.04 0.14 0.92 1.79 1.85
-40

ROA (%) 4.93 -3.07 -1.35 -10.70 -6.36 -79

ROE (%) 5.14 -3.49 -2.59 -29.88 -18.12 -80

GPM (%) -8.20 3.04 33.45 7.95 -67.07 -117

OPM (%) - - - - -78.59

NPM (%) 81.87 -204.04 -50.48 -64.57 -90.10
-156

-156
Payout Ratio (%) - - - - -
Yield (%) - - - - -