PT Gozco Plantations Tbk.

Agriculture, Forestry and Fishing

Head Office Gedung Graha Permata Pancoran Summary of Financial Statement

Jl. Raya Pasar Minggu No. 32 C/10
Jakarta 12780 (Million Rupiah)
Phone (021) 799-5676 2011 2012 2013
Fax (021) 799-5663 Total Assets 2,834,598 3,187,521 3,201,105
E-mail: corporate@gozco.com Current Assets 231,317 374,881 283,354
Website: www.gozco.com of which
Branch Office Gozco Building Cash and Cash Equivalents 178,475 231,270 175,533
Jl. Raya Darmo No. 54-56 Trade receivables n.a n.a 2,615
Inventories 19,916 36,828 16,700
Surabaya 60265
Non-Current Assets 2,603,281 2,812,640 2,917,751
Phone (031) 561-2818, Fax (031) 562-0968
of which
Business Agro Business and Agro Industry Fixed Assets-Net 461,048 494,393 513,206
Company Status PMDN Invesments 638,695 595,583 739,622
Other Assets 99,769 73,051 n.a
Financial Performance: In 2013, The Company booked
net loss IDR95.845 billion, while last year booked net income Liabilities 1,327,476 1,587,373 1,697,809
IDR98.421 billion. Current Liabilities 293,849 247,861 379,305
Brief History: The Company was established with name of which
PT. Surya Gemilang Sentosa (SGS) on October 1st 2001 in Sido- Trade payables 98,584 56,039 93,732
Taxes payable 22,836 21,280 41,703
arjo, Jawa Timur. On December 19th 2007 the Company has Accrued expenses 10,875 10,073 12,861
been change the name with PT. Gozco Plantations in Jakarta. Current maturities of
Until now the Company concentrated in Palm Oil Plantation, long-term debt 110,536 105,294 135,029
Trading and Manufacturing. The Company listed its share in Long-term Liabilities 1,033,627 1,339,512 1,318,504
Bursa Efek Indonesia on 15 April 2008.
Shareholders' Equity 1,507,122 1,600,149 1,503,296
Paid-up capital 500,000 600,000 600,000
Paid-up capital
in excess of par value 170,704 83,454 38,939
Revaluation of fixed Assets n.a n.a n.a
Retained earnings 836,418 916,695 864,357

Net Sales 492,947 405,328 427,623

Cost of Goods Sold 336,974 248,033 340,139
Gross Profit 155,973 157,296 87,484
Operating Expenses 51,538 53,896 78,198
Operating Profit 104,436 103,400 9,286
Other Income (Expenses) 82,301 11,809 (97,826)
Profit before Taxes 186,737 115,209 (88,540)
Comprehensive Profit 167,999 98,421 (95,845)

Per Share Data (Rp)

Earnings per Share 34 16 (16)
Equity per Share 301 267 251
Dividend per Share 1 n.a n.a
Closing Price 265 200 110

Financial Ratios
PER (x) 7.89 12.19 ( 6.89)
PBV (x) 0.88 0.75 0.44
Dividend Payout (%) 2.98 n.a n.a
Dividend Yield (%) 0.38 n.a n.a

Current Ratio (x) 0.79 1.51 0.75

Debt to Equity (x) 0.88 0.99 1.13
Leverage Ratio (x) 0.47 0.50 0.53
Gross Profit Margin (x) 0.32 0.39 0.20
Shareholders Operating Profit Margin (x) 0.21 0.26 0.02
Golden Zaga Indonesia 27.87% Net Profit Margin (x) 0.34 0.24 n.a
Wildwood Investment Pte., Limited 26.37% Inventory Turnover (x) 16.92 6.73 20.37
Amfraser Securities Pte., Ltd. 7.84% Total Assets Turnover (x) 0.17 0.13 0.13
ROI (%) 5.93 3.09 (2.99)
Andrew Michael Vincent 2.25% ROE (%) 11.15 6.15 (6.38)
Jamal R. Hakki 2.17%
Ir. Rudyansyah Bin. A Cosim 1.67% PER = 79,98x ; PBV = 0,37x (June 2014)
Financial Year: December 31
Public 31.83% Public Accountant: HLB Hadori Sugiarto Adi & Rekan

18 Indonesian Capital Market Directory 2014

PT Gozco Plantations Tbk. Agriculture, Forestry and Fishing

Board of Commissioners Board of Directors

President Commissioner H. Mustofa President Director Tjandra Mindharta Gozali
Commissioners Ir. Rudyansyah Bin Abdul Cosim, Directors Kreisna Dewantara Gozali, Andrew Michael Vincent,
Harijanto, Benyamin Subrata Jamal Rosyidin Hakki, SH, Enggan Nursanti,
Yongki Tedja

Number of Employees 1,351

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 15-May-08 15-May-08 132,000,000,000 132,000,000,000

2 Company Listing 15-May-08 06-Jan-09 308,000,000,000 440,000,000,000
3. Bonus Shares & Stocks Dividend 25-Jul-12 25-Jul-12 1,000,000,000 441,000,000,000

Underwriters
PT CLSA Indonesia, PT Semesta Indovest

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-13 205 191 191 53,695.00 10,541.00 955 21 441,000,000,000 1,146,000.00
February-13 196 179 185 90,942.00 17,270.00 2,199 20 441,000,000,000 1,110,000.00
March-13 188 163 165 139,756.00 25,173.00 4,118 19 441,000,000,000 990,000.00
April-13 167 140 142 410,260.00 62,266.00 5,730 22 441,000,000,000 852,000.00
May-13 151 132 136 161,544.00 22,917.00 3,532 22 441,000,000,000 816,000.00
June-13 139 125 135 101,517.00 13,413.00 2,511 19 441,000,000,000 810,000.00
July-13 136 119 122 72,637.00 9,447.00 1,351 23 441,000,000,000 732,000.00
August-13 129 95 113 231,655.00 27,223.00 7,505 17 441,000,000,000 678,000.00
September-13 130 102 116 193,269.00 23,217.00 4,490 21 441,000,000,000 696,000.00
October-13 123 113 116 80,454.00 9,550.00 3,071 21 441,000,000,000 696,000.00
November-13 122 112 115 110,941.00 13,071.00 3,016 20 441,000,000,000 690,000.00
December-13 120 96 110 132,478.00 14,892.00 2,403 19 441,000,000,000 660,000.00
January-14 109 96 101 62,996.00 6,318.00 2,309 20 441,000,000,000 606,000.00
February-14 113 98 109 57,121.00 5,970.00 2,114 20 441,000,000,000 654,000.00
March-14 126 107 112 83,297.00 9,839.00 2,729 20 441,000,000,000 672,000.00
April-14 115 100 107 23,670.00 2,579.00 1,479 20 441,000,000,000 642,000.00
May-14 108 99 104 24,783.00 2,522.00 2,074 18 441,000,000,000 624,000.00
June-14 104 95 100 59,116.00 5,970.00 971 21 441,000,000,000 600,000.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
250 16,000

14,000
200
12,000

10,000
150

8,000

100
6,000

4,000
50
2,000

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

Institute for Economic and Financial Research 19