Top Banner
iiReport ALUMINDO LIGHT METAL INDUSTRY, PT TBK iiNumber : 1294615735 PT Cyberquote Indonesia Jl. Jend. Sudirman Kav. 33A ANZ Tower Level 12, Jakarta 10220, Indonesia T:(+62-21) 57900979 F:(+62-21) 57900938 E:[email protected] www.indoinfo.co.id iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555 1 of 25 06/04/2018 18:22
25

BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Feb 12, 2018

Download

Documents

trinhphuc
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

iiReport

ALUMINDO LIGHT METAL INDUSTRY, PT TBKiiNumber : 1294615735

PT Cyberquote IndonesiaJl. Jend. Sudirman Kav. 33A

ANZ Tower Level 12, Jakarta 10220, Indonesia

T:(+62-21) 57900979

F:(+62-21) 57900938

E:[email protected]

www.indoinfo.co.id

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

1 of 25 06/04/2018 18:22

Page 2: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Lat -7.232167 Long 112.73989000000006

Credit Limit : IDR 58,467,750,000

Score : 38

C2Above average risk

Company with fair condition, which suggests capacity for timelypayment seems adequate and faces no immediate problems, but

less than “C1”.

iiNumber 1294615735

Registration Number AHU-AH.01.03-0952023

Address Jl. Kembang Jepun No. 38 - 40Nyamplungan, Pabean CantikanKota SurabayaEast Java, 60162, Indonesia

Telephone +6231 - 3530333+6231 - 3541040+6231 - 3531445

Fax +6231 - 3533055+6231 - 3542609+6231 - 3533218

Website www.alumindo.com

Email [email protected]@[email protected]

Line of Business Produces aluminum sheet, plate, and foil

Litigation Case 0 Case

Business InformationPayment InformationPaydex NA

Financial Summary (In Millions)Statement Date 31 Dec 2016Net Worth IDR 403,694Sales/Revenue IDR 2,461,800Total Asset IDR 2,153,030Total Liabilities IDR 1,749,336Net Profit After Tax IDR -99,932

Financial RatioCurrent Ratio 00.85Profit Margin / Return on Sales 0-4.06Quick Ratio 00.11Return on Assets 0-4.64Total Debt to Equity 433.33

Remarks:"-" stands for 'insufficient information' or 'no comments'

stands for 'increasing from last year' stands for 'same amount with last year' stands for 'decreasing from last year'

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

Map data ©2018 Google

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

2 of 25 06/04/2018 18:22

Page 3: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

On 2 Mar 2018, Mrs. Melynda Prayogo, Company Secretary, Confirmed all operation in this report.

Current Investigation

Legal Structure Private Limited Liability Company

Establishment Date 26 Jun 1978

Start Year :

1978

Control Year :

1997

SK Kehakiman :

AHU-AH.01.03-0952023 Reg. Date : 24 Jul 2015

Issued by : Ministry of Justice

Registry details provided by : Annual Report & Confirmed ByManagement

NPWP (Nomor Pokok Wajib Pajak) :

01.122.572.9-054.000

Issued by : Ministry of Finance

Registry details provided by : Annual Report & Confirmed ByManagement

TDP (Tanda Daftar Perusahaan) :

13.17.1.27.00092

Issued by : Ministry of Trade

Registry details provided by : Annual Report & Confirmed ByManagement

Other :

147/I/PMA/80 Reg. Date : 20 Oct 1980

Issued by : Capital Investment Coordinating Board

Registry details provided by : Annual Report & Confirmed ByManagement

Other :

157/II/PMDN/1995 Reg. Date : 19 Jun 1995

Issued by : Capital Investment Coordinating Board

Registry details provided by : Annual Report & Confirmed ByManagement

Last Financial Statement Date :

31 Dec 2016

Legal Information

Year 29 Nov 2017

Total 989 employees

Year 2016

Total 989 employees

Year 2015

Total 1059 employees

Year 2014

Total 1117 employees

Employees

Stock Exhange : INDONESIA STOCK EXCHANGE

Date Listed : 22 Jan 1997

Country : Indonesia

The subject shares are publicly listed

Stock Exchange

Original Name : ASEAN ALUMINIUM INDUSTRY, PT

Changed To : ALUMINDO LIGHT METAL INDUSTRY, PT

Date of Change : Sep 1978

Changed To : Present Name

Date of Change : 1996

Changes in Legal Name

Date : 1997

Changes : Conversion From a Private To a Public Limited Company

Changes in Legal Structure

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

3 of 25 06/04/2018 18:22

Page 4: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Capital

Authorized Capital IDR 209,000,000,000

Issued Capital IDR 154,000,000,000

Paid-Up Capital IDR 154,000,000,000 as of 2 Mar 2018

Ordinary Shares IDR 154,000,000,000 at par value 250

The following changes were confirmed by the local registry office

AUTHORIZED CAPITAL

DateAuthorized Capital

From To

Oct 1995 IDR 1,100,000,000 IDR 209,000,000,000

ISSUED CAPITAL

DateIssued Capital

From To

Dec 1996 IDR 53,700,000,000 IDR 154,000,000,000

Oct 1995 IDR 220,000,000 IDR 53,700,000,000

PAID-UP CAPITAL

DatePaid-Up Capital

From To

Dec 1996 IDR 53,700,000,000 IDR 154,000,000,000

Oct 1995 IDR 220,000,000 IDR 53,700,000,000

Capital Changes

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

4 of 25 06/04/2018 18:22

Page 5: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Shareholders

The following details represents Major Shareholders List

Number of shareholder : 12

Shareholding as at : 2 Mar 2018

Shareholding at : IDR 154,000,000,000

Shareholder Name Location Share Held Amount of Shares % Held

1 HUSIN INVESTAMA, PT Indonesia 228,511,978 57,127,994,500 37.1

2 Public - 134,637,034 33,659,258,500 21.86

3 MARINDO INVESTAMA, PT Indonesia 93,459,476 23,364,869,000 15.17

4 GUNA INVESTINDO, PT Indonesia 39,200,000 9,800,000,000 6.37

5 PRAKINDO INVESTAMA, PT Indonesia 38,438,704 9,609,676,000 6.24

6 MULINDO INVESTAMA, PT Indonesia 36,463,704 9,115,926,000 5.92

7 MASPION, PT Indonesia 35,068,704 8,767,176,000 5.69

8 Alim Markus Indonesia 9,055,000 2,263,750,000 1.47

9 Gunardi Go Indonesia 560,000 140,000,000 0.09

10 Welly Muliawan Lie Indonesia 451,800 112,950,000 0.07

11 Alim Prakasa Indonesia 128,600 32,150,000 0.02

12 Budiprajogo Limanto Indonesia 25,000 6,250,000 -

Full Name Title Join Date Active in DailyOperation

Mr. Alim Markus President Director -

Mr. Alim Mulia Sastra Director -

Mr. Alim Prakarsa Director -

Mr. Welly Muliawan Lie Director -

Mr. Tjoe Soefianto Djunaedi Director 2001

Mrs. Angkasa Rachmawati Chairwoman -

Mr. Gunardi Go Commissioner -

Mr. Supranoto Dipokusumo Commissioner -

Mr. Budiprajogo Limanto Commissioner -

Management / Executive

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

5 of 25 06/04/2018 18:22

Page 6: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Operation (SIC) (33530000) Produces aluminum sheet, plate,and foil

Operation (NAICS) (331315) Aluminum Sheet, Plate, and FoilManufacturing

Operations

Growth Trends

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

6 of 25 06/04/2018 18:22

Page 7: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Full Name Mr. Alim Markus

Identity No 3578072409510001

Address 1 Jl. Embong Tanjung No. 5, Embong Kaliasin,Genteng Kota Surabaya, 60271, East Java,Indonesia

Nationality Indonesia

Current Title President Director

Current Title Shareholder

Birth 24 Sep 1951

Active in DailyOperation

Yes

Education

Education Graduated from UniversityBachelor of Management Studies

Name of Institute Pan Pacific Professional Management(Taiwan)

Other Directorship

Company Name ALASKAIR INDONESIA, PT

Country Indonesia

Title Chief Executive Officer

Company Name ALIM BROTHERS INDUSTRIES PTE. LTD.

Country Singapore

Title Chief Executive Officer

Company Name BANK MASPION INDONESIA, PT TBK

Country Indonesia

Title Shareholder

Company Name HEISEI STAINLESS STEEL INDUSTRY, PT

Country Indonesia

Title Vice Chairman

Company Name HUSIN INVESTAMA, PT

Country Indonesia

Title President Director

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Chief Executive Officer

Company Name INDAL STEEL PIPE, PT

Country Indonesia

Title Chairman

Company Name INDALEX, PT

Country Indonesia

Title Chairman

Company Name MARINDO INVESTAMA, PT

Country Indonesia

Title Chief Executive Officer

Company Name MASPION INDUSTRIAL ESTATE, PT

Country Indonesia

Title Chief Executive Officer

Company Name MASPION KENCANA, PT

Country Indonesia

Title Chief Executive Officer

Company Name MASPION STAINLESS STEEL INDONESIA, PT

Country Indonesia

Title Chairman

Company Name MASPION, PT

Country Indonesia

Title President Director

Company Name SATRIA INVESTINDO, PT

Country Indonesia

Management / Executive Detail

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

7 of 25 06/04/2018 18:22

Page 8: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Title Chief Executive Officer

Full Name Mr. Alim Mulia Sastra

Identity No 3578070504530002

Address 1 Jl. Wijayakusuma No. 35, Ketabang, GentengKota Surabaya, 60272, East Java, Indonesia

Nationality Indonesia

Current Title Director

Birth 5 Apr 1953

Active in DailyOperation

Yes

Other Directorship

Company Name BANK MASPION INDONESIA, PT TBK

Country Indonesia

Title Shareholder

Company Name HUSIN INVESTAMA, PT

Country Indonesia

Title Director

Company Name INDAL STEEL PIPE, PT

Country Indonesia

Title Commissioner

Company Name MASPION ELEKTRONIK, PT

Country Indonesia

Title President Director

Company Name MASPION KENCANA, PT

Country Indonesia

Title Director

Company Name MASPION, PT

Country Indonesia

Title Director

Management as of Date 1975

Full Name Mr. Alim Prakarsa

Identity No 3578073005570002

Address 1 Jl. Wijaya Kusuma 9 RT.003/RW.005,Ketabang, Genteng Kota Surabaya, 60272,East Java, Indonesia

Nationality Indonesia

Current Title Director

Birth 30 May 1957

Active in DailyOperation

Yes

Education

Education Graduated from Universityof Business Administration

Name of Institute St. Mary University (Canada)

Other Directorship

Company Name ALIM INVESTINDO, PT

Country Indonesia

Title Director

Company Name BANK MASPION INDONESIA, PT TBK

Country Indonesia

Title Shareholder

Company Name HUSIN INVESTAMA, PT

Country Indonesia

Title Director

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Director

Company Name INDAL STEEL PIPE, PT

Country Indonesia

Title Commissioner

Management as of Date 1 Jan 1989

Company Name INDALEX, PT

Country Indonesia

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

8 of 25 06/04/2018 18:22

Page 9: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Title President Director

Company Name MASPION KENCANA, PT

Country Indonesia

Title Director

Company Name MASPION, PT

Country Indonesia

Title Commissioner

Management as of Date 1981

Full Name Mr. Welly Muliawan Lie

Address 1 Jl. Kencanasari Timur 10 / J 39 KotaSurabaya East Java, Indonesia

Nationality Indonesia

Current Title Director

Current Title Shareholder

Active in DailyOperation

Yes

Education

Education Graduated from Universityof Business Administration

Name of Institute National University of Singapore (Singapore)

Other Directorship

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Director

Company Name MASPION STAINLESS STEEL INDONESIA, PT

Country Indonesia

Title Shareholder

Company Name PACIFIC GATEWAY ENTERPRISE PTY LTD

Title Director

Full Name Mr. Tjoe Soefianto Djunaedi

Nationality Indonesia

Current Title Director

Join Date 2001

Appointed to PresentPosition

2013

Active in DailyOperation

Yes

Full Name Mrs. Angkasa Rachmawati

Identity No 78.07.1002.11914

Address 1 18-26 Jl. Jimerto Kota Surabaya East Java,Indonesia

Nationality Indonesia

Current Title Chairwoman

Birth 1929

Appointed to PresentPosition

2003

Active in DailyOperation

No

Other Directorship

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Chairwoman

Company Name MASPION KENCANA, PT

Country Indonesia

Title Chairwoman

Company Name MASPION, PT

Country Indonesia

Title Chairwoman

Full Name Mr. Gunardi Go

Identity No 12.5618.091224.0001

Address 1 521 Jl. Ploso Bogen Kota Surabaya East

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

9 of 25 06/04/2018 18:22

Page 10: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Java, Indonesia Nationality

Indonesia Current Title

Commissioner Current Title

Shareholder Birth

9 Dec 1924 Appointed to PresentPosition

1978

Active in DailyOperation

No

Other Directorship

Company Name CHIN FUNG TRADING COMPANY LIMITED

Title Director

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Commissioner

Company Name MASPION FLATEWARE, PT

Country Indonesia

Title Commissioner

Company Name MASPION, PT

Country Indonesia

Title Director

Management as of Date 1965

Full Name Mr. Supranoto Dipokusumo

Nationality Indonesia

Current Title Commissioner

Active in DailyOperation

No

Other Directorship

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Commissioner

Full Name Mr. Budiprajogo Limanto

Nationality Indonesia

Current Title Commissioner

Current Title Shareholder

Appointed to PresentPosition

2009

Active in DailyOperation

No

Other Directorship

Company Name INDAL ALUMINIUM INDUSTRY, PT TBK

Country Indonesia

Title Commissioner

Company Name MASPION STAINLESS STEEL INDONESIA, PT

Country Indonesia

Title Director

Authorized Signatories

President Director or Director which must be approved by Chairman or Commissioner

Brand Names : BINTANG SATRIA Brand Names : TWINSUPERSPAN

Brand Names : SPANDECK 930

Description : Aluminium Roofing

Agencies Held - Brand Name(s)

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

10 of 25 06/04/2018 18:22

Page 11: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Year : 2017 Local 40%

International 60%

Others

Local Purchase Terms

Letter of Credit

Purchases Term :

Import

Country Import Percentage

Norway -

American Samoa -

Switzerland -

NA

Purchases

ALIM BROTHERS INDUSTRIES PTE. LTD.Singapore

ANEKAKABEL CIPTAGUNA, PTIndonesia

MASPION, PTIndonesia

INDAL STEEL PIPE, PTIndonesia

TRISULAPACK INDAH, PTIndonesia

CHIN FUNG TRADING COMPANY LIMITED

INDAL ALUMINIUM INDUSTRY, PT TBKIndonesia

Suppliers

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

11 of 25 06/04/2018 18:22

Page 12: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Year : 2017 Local 25%

International 75%

Export

Country Export Percentage

United States -

Asia -

Australia -

Africa -

Europe -

Middle East -

Sales

Major Customer

ANEKAKABEL CIPTAGUNA, PTIndonesia

EMPIRE RESOURCES INC

ALASKAIR MASPION, PTIndonesia

SOUTHERN ALUMINIUM INDUSTRY CO LTD

Related Company(ies)

Manufacturer(s)

INDAL STEEL PIPE, PTIndonesia

MASPION, PTIndonesia

INDAL ALUMINIUM INDUSTRY, PT TBKIndonesia

Customers

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

12 of 25 06/04/2018 18:22

Page 13: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Capacity & Production Output

Product Name Actual production Year Maximum Capacity Year

1 Aluminum sheets - - 84,000 Ton -

2 Aluminum foils - - 10,800 Ton -

Certification

Type Name Certificate Date Expired Date

ISO ISO 9002 - 1 Jan 1998

Type of Occupation Occupied

Location Industrial Zone

The subject is located close to a Major Road Network

Building Frame Cement Block

Building Exterior Brick

Premises Used as Administrative OfficePlant/Factory

Premises are shared with affiliate(s)

Premises are shared with the Co-tenant MASPION, PT

Location

Postal Box 1222 Kota Surabaya, 60012, East Java, IndonesiaFormer Mailing Address

Sawotratap, Gedangan Kabupaten Sidoarjo, 61254, East Java, IndonesiaRegistered Office Address

Additional Addresses

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

13 of 25 06/04/2018 18:22

Page 14: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Name BANK DANAMON INDONESIA, PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK MASPION INDONESIA, PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK MANDIRI (PERSERO), PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK HSBC INDONESIA, PT

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK CENTRAL ASIA, PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK OCBC NISP, PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK DBS INDONESIA, PT

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name STANDARD CHARTERED BANK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK CTBC INDONESIA, PT

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK ICBC INDONESIA, PT

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK PEMBANGUNAN DAERAH JAWATIMUR, PT TBK

Branch Surabaya Branch

Address Kota Surabaya East Java, Indonesia

Name BANK UOB INDONESIA, PT

Branch Surabaya Branch

Address East Java, Indonesia

No Independent confirmations were obtainable from banker/(s)

Bank Account & Loan

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

14 of 25 06/04/2018 18:22

Page 15: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

AccountStatement Date

30 Sep 2017 30 Jun 2017 31 Mar 2017

Consolidate / Individual

Currency IDR IDR IDR

Unit Size Millions Millions Millions

Total Current Asset 1,689,099 1,338,528 1,316,654

Total Current Liabilities 1,902,182 1,563,548 1,558,487

Total Fixed Asset 658,170 667,305 684,718

Total Investment - - -

Total Intangibles - - -

Total Non Current Liabilities 80,488 81,340 81,022

Total Asset 2,364,484 2,022,068 2,018,834

Total Liabilities 1,982,670 1,644,888 1,639,510

Tangible Net Worth 381,814 377,180 379,324

Financial Performance

Sales / Income / Revenue 2,548,313 1,651,282 842,690

Gross Profit Amount 89,912 62,294 30,465

Net Operating Profit(Loss) Before Taxation (Amount) 26,119 -42,523 8,121

Net Profit (Loss) Before Tax/Surplus (Deficit) Before Grant 3,970 8,529 4,196

Net Profit (Loss) After Tax / Surplus (Deficit) After Grant 2,451 6,030 2,919

Partial Estimate

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

15 of 25 06/04/2018 18:22

Page 16: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Financial Statement

Comparative Figures (in Millions of IDR )

AccountStatement Date

31 Dec 2016 31 Dec 2015 31 Dec 2014

Audit/Non-Audit Audited Audited Audited

Unit Size Millions Millions Millions

Currency IDR IDR IDR

Current Asset 1,424,711 1,370,783 2,428,213

Current Liabilities 1,667,249 1,520,673 2,370,051

Working Capital -242,538 -149,890 58,162

Other Tangible Asset 728,319 818,254 788,901

Other Liabilities 82,087 103,253 232,453

Tangible Net Worth 403,694 565,111 614,610

Annual Sales 2,461,800 3,333,330 3,336,087

Profit After Tax -99,932 -53,614 3,665

Inventory 840,062 729,660 1,330,722

Cash & Bank 46,166 31,773 51,502

Account Receivable 129,840 143,681 278,753

Fixed Asset 701,939 792,209 781,940

Account Payable 1,007,289 996,012 144,692

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

16 of 25 06/04/2018 18:22

Page 17: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Financial Statement

Cash & Bank 46,166

Account Receivable 129,840

Taxes Receivable 54,947

Other Receivables 3,887

Inventory 840,062

Advances & Prepayments 75,824

Due from Related Parties 75,716

Other Current Assets 198,269

Total Current Asset 1,424,711

Long-terms Investments 91

Deferred Tax Assets 18,635

Due from Related Parties 1,564

Other Non Current Assets 6,090

Total Other Non Current Asset 26,380

Land rights 152,314

Buildings 146,550

Property, Plant, and Equipment 1,800,914

Transportation & Vehicles 49,007

Furniture, Fixtures and Office Equipments 20,464

Assets in Construction 6,708

Leased Assets 535

Accumulated Depreciation -1,474,553

Total Fixed Asset 701,939

Total Non Current Asset 728,319

Account Payable 1,007,289

Taxes Payable 616

Accrued Expenses 10,025

Dividend Payable 770

Current Maturities of Long-term Debts 33,577

Bank Loans 611,773

Other Payables 773

Due to Related Parties 2,426

Total Current Liabilities 1,667,249

Employee Benefit Liabilities 82,087

Total Others Non Current Liabilities 82,087

Total Liabilities 1,749,336

Share Capital 154,000

Additional Paid-in Capital 72,325

Other Equity 38,420

Retained Earnings (Loss) 138,949

Total Equity 403,694

Total Asset 2,153,030 Total Liability & Equity 2,153,030

Fiscal Balance Sheet as (31 Dec 2016) of (in Millions of IDR)

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

17 of 25 06/04/2018 18:22

Page 18: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Financial Statement

Cash & Bank 31,773

Account Receivable 143,681

Taxes Receivable 56,617

Other Receivables 1,406

Inventory 729,660

Advances & Prepayments 240,778

Prepaid Taxes 7,935

Due from Related Parties 33,695

Other Current Assets 125,238

Total Current Asset 1,370,783

Long-terms Investments 58

Deposit & Guarantee 10

Deferred Tax Assets 25,761

Other Non Current Assets 216

Total Other Non Current Asset 26,045

Land rights 156,384

Buildings 150,466

Property, Plant, and Equipment 20,929

Machinery and Factory Equipments 1,848,173

Transportation & Vehicles 50,316

Assets in Construction 5,191

Leased Assets 548

Accumulated Depreciation -1,439,798

Total Fixed Asset 792,209

Total Non Current Asset 818,254

Account Payable 996,012

Taxes Payable 833

Accrued Expenses 9,169

Dividend Payable 770

Current Maturities of Long-term Debts 149,446

Bank Loans 305,092

Other Payables 1,653

Due to Related Parties 57,698

Total Current Liabilities 1,520,673

Employee Benefit Liabilities 69,341

Total Others Non Current Liabilities 69,341

Convertible Debt 33,912

Total Debt 33,912

Total Non Current Liabilities 103,253

Total Liabilities 1,623,926

Share Capital 154,000

Additional Paid-in Capital 66,439

Other Equity 100,472

Retained Earnings (Loss) 244,200

Total Equity 565,111

Total Asset 2,189,037 Total Liability & Equity 2,189,037

Fiscal Balance Sheet as (31 Dec 2015) of (in Millions of IDR)

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

18 of 25 06/04/2018 18:22

Page 19: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Financial Statement

Cash & Bank 51,502

Account Receivable 278,753

Taxes Receivable 132,769

Other Receivables 35,123

Inventory 1,330,722

Advances & Prepayments 233,482

Prepaid Taxes 91,983

Due from Related Parties 63,538

Other Current Assets 210,341

Total Current Asset 2,428,213

Long-terms Investments 50

Deposit & Guarantee 10

Deferred Tax Assets 4,675

Due from Related Parties 1,962

Other Non Current Assets 264

Total Other Non Current Asset 6,961

Land rights 141,023

Buildings 132,885

Machinery and Factory Equipments 1,659,580

Transportation & Vehicles 45,543

Furniture, Fixtures and Office Equipments 18,851

Assets in Construction 14,150

Leased Assets 494

Accumulated Depreciation -1,230,586

Total Fixed Asset 781,940

Total Non Current Asset 788,901

Account Payable 144,692

Taxes Payable 852

Accrued Expenses 12,594

Dividend Payable 770

Current Maturities of Long-term Debts 168,790

Bank Loans 2,041,898

Other Payables 455

Total Current Liabilities 2,370,051

Employee Benefit Liabilities 64,934

Total Others Non Current Liabilities 64,934

Convertible Debt 167,519

Total Debt 167,519

Total Non Current Liabilities 232,453

Total Liabilities 2,602,504

Share Capital 154,000

Additional Paid-in Capital 66,439

Other Equity 93,884

Retained Earnings (Loss) 300,287

Total Equity 614,610

Total Asset 3,217,114 Total Liability & Equity 3,217,114

Fiscal Balance Sheet as (31 Dec 2014) of (in Millions of IDR)

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

19 of 25 06/04/2018 18:22

Page 20: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Profit & Loss Account

AccountStatement Date

31 Dec 2016 31 Dec 2015 31 Dec 2014

Consolidate / Individual

Unit Size Millions Millions Millions

Currency IDR IDR IDR

Income / Revenue / Sales 2,461,800 3,333,330 3,336,087

Cost of Goods Sold / Cost of Sales -2,398,715 -3,265,954 -3,170,080

Gross Profit (Loss) 63,085 67,376 166,007

Selling Expenses -32,984 -33,618 -39,089

General & Administratives Expenses -58,750 -59,203 -53,616

Research & Development Expenses - - -

Net Operating Profit (Loss) Before Tax -28,649 -25,445 73,302

Financial Income - - -

Interest Income - - -

Other Income - - -

Financial Expenses - - -

Interest Expenses - - -

Other Expenses -62,392 -48,432 -69,382

Net Profit (Loss) Before Extraordinary Items & Tax -91,041 -73,877 3,920

Extraordinary Items - - -

Net Operating Profit (Loss) Before Tax & After Extraordinary Items -91,041 -73,877 3,920

Income Tax - 20,263 -

Tax Expenses -8,891 - -255

Net Profit (Loss) After Tax -99,932 -53,614 3,665

Extraordinary Items (Others) - - -

Net Profit (Loss) After Tax & Extraordinary Items -99,932 -53,614 3,665

Minority Interest - - -

Dividend - - -12,320

Reserves - - -

Adjustments -5,319 -2,473 -6,390

Retained Earnings (Loss) B/F 244,200 300,287 315,332

Retained Earnings (Loss) C/F 138,949 244,200 300,287

Account are audited by Paul Hadiwinata, Hidajat, Arsono, Achmad, Suharli & Partner with unqualified opinion.The financial statements were obtained from Company Registry

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

20 of 25 06/04/2018 18:22

Page 21: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Financial Ratios

AccountYear

2016 2015 2014

Growth Trend

Sales Growth (%) - -0.08 -

Net Profit Growth (%) - -1,562.87 -

Liquidity

Current Ratio 0.85 0.90 1.03

Quick Ratio 0.11 0.12 0.14

Leverage

Current Liabilities to Net Worth (%) 413.00 269.09 385.62

Total Liabilities to Net Worth (%) 433.33 287.36 423.44

Debt to Assets Ratio (%) 81.25 74.18 80.90

Activity

Collection Period (days) 19.25 15.73 30.50

Inventory Turnover (times) 2.93 4.57 2.51

Total Assets Turnover (%) 114.34 152.27 103.70

Profitability

Return on Sales (%) -4.06 -1.61 0.11

Return on Net Worth (%) -24.75 -9.49 0.60

Return on Assets (%) -4.64 -2.45 0.11

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

21 of 25 06/04/2018 18:22

Page 22: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Cash Flow

AccountDate

31 Dec 2016 31 Dec 2015 31 Dec 2014

Consolidate / Individual

Unit Size Millions Millions Millions

Currency IDR IDR IDR

Net Cash Flow From Operating Activities 49,190 1,749,582 -935,672

Net Cash Flow From Investing Activities -117,193 116,560 -27,545

Net Cash Flow From Financing Activities 101,629 -1,832,059 993,807

Net Increase (Decrease) In Cash and Cash Equivalents 33,626 34,083 30,590

Effect of Exchange Rate -19,233 -53,812 -6,938

Prior to Adjustments - - -

Cash and Cash Equivalents B/ Forward 31,773 51,502 27,850

Cash and Cash Equivalents C/Forwards 46,166 31,773 51,502

Paul Hadiwinata, Hidajat, Arsono, Achmad, Suharli & Partner

Jl. Ngagel Jaya No. 90 Kota Surabaya, 60283 East Java, Indonesia

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

22 of 25 06/04/2018 18:22

Page 23: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Business Group

Subject is a member of MASPION GROUP

Affiliates

Number of Affiliates : 6

Affiliates Detail

Affiliate Name HUSIN INVESTAMA, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

Number of SharesOwned

37

Phone +6231 - 3531445

Fax +62 31 - 3533055

Affiliate Name MARINDO INVESTAMA, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

% of Shares Owned 15.17%

Phone +6231 - 3531445

Fax +62 31 - 3533055

Affiliate Name GUNA INVESTINDO, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

% of Shares Owned 6.36%

Phone +6231 - 3531445

Fax +62 31 - 3533055

Affiliate Name MULINDO INVESTAMA, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

% of Shares Owned 5.92%

Phone +6231 - 3531445

Fax +62 31 - 3533055

Affiliate Name MASPION, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

% of Shares Owned 5.69%

Phone +6231 - 3530333; +6231 - 3531445; +6231 -3541040

Fax +6231 - 3531445; +62 31 - 3533055; +62 31 -3533218

Email [email protected]

Affiliate Name PRAKINDO INVESTAMA, PT

Address Jl. Kembang Jepun No. 38-40, Nyamplungan,Pabean Cantikan Kota Surabaya, 60162, EastJava, Indonesia

Affiliation Type Affiliates hold shares in subject

% of Shares Owned 6.24%

Branches

Subject maintains 4 branch(es) Globally.

Branch Name ALUMINDO LIGHT METAL INDUSTRY, PTTBK

Address Desa Sawotratap, Gedangan KabupatenSidoarjo, 61254, East Java, Indonesia

Telephone +6231 - 8531531; +6231 -8532208; +6231 - 8532994

Fax +62 31 - 8532608

Email [email protected]

Location Type Plant/Factory

Branch Name ALUMINDO LIGHT METAL INDUSTRY, PTTBK

Address Jl. Gunung Sahari Kav. 18 Kota AdministrasiJakarta Utara, 14420, DKI Jakarta, Indonesia

Telephone +6221 - 64701000; +6221 -64701001

Fax +62 21 - 64701066

Location Type Marketing Office

Branch Name ALUMINDO LIGHT METAL INDUSTRY, PT

Address Wing On House, 1501, 15th Floor, Chin FungTrading Company Ltd, 71 Des Voeux RoadHongkong

Location Type Representative Office

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

23 of 25 06/04/2018 18:22

Page 24: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

Branch Name ALUMINDO LIGHT METAL INDUSTRY, PT

Address 05-01, Chye Sing Building, Alim BrothersIndustries Pte, 87, Beach Road Singapore

Location Type Representative Office

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

24 of 25 06/04/2018 18:22

Page 25: BUSINESS INFORMATION REPORT - IndoInfo · PDF fileNAME 9 Director Operations ... Jl. Tebet Barat II / 00 - RT.000 / RW.003 ... news 3 Detail news 3 Detail news 3 Detail news 3 Detail

AScore Range

81-100

Very low risk.

Financially sound company,which suggests capacity fortimely payment is strong.

BScore Range

61-80

Low risk.

Company with good financialcapacity, which suggestscapacity for timely payment isgood.

C1Score Range

41-60

Average risk.

Company with fair condition,which suggests capacity fortimely payment seemsadequate and faces noimmediate problems.

C2Score Range

21-40

Above average risk.

Company with fair condition,which suggests capacity fortimely payment seemsadequate and faces noimmediate problems, but lessthan “C1”.

DScore Range

0-20

Significant risk,

Signify higher risk. Capacityfor timely payment seemsweak.

Assurance or guarantee isadvised.

NRNo Rating. No indication onthe risk level, the informationis not adequate to assessthe risk level. May occur inthe case of very limitedinformation on the company.

NR is also assigned forsubject that is unable to belocated or has been out ofbusiness.

REPThe subject is arepresentative office orbranch of foreign companies

ii RATING GUIDE SCORE

THIS REPORT SHALL NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER.IndoInfo (i i) is a product of PT Cyberquote Indonesia. This report is forwarded to the Subscriber in strict confidence for use by the

Subscriber as one factor to consider in connection with credit and other business decisions. The report contains information compiled frominformation which PT Cyberquote Indonesia does not control and which has not been verified unless otherwise indicated in this report. PTCyberquote Indonesia therefore cannot accept responsibility for the accuracy, completeness or timeliness of the contents of the report. Otherconditions of service apply. PT Cyberquote Indonesia disclaims all liability for any loss or damage arising out of or in anyway related to thecontents of this report. This material is confidential and proprietary to PT Cyberquote Indonesia and/or third parties and may not be reproduced,published or disclosed to others without the express authorization of PT Cyberquote Indonesia.

- END OF REPORT -

ALUMINDO LIGHT METAL INDUSTRY, PT TBK

iiReport http://192.168.8.2:888/iiReport/Generate_ii_Report/11060065555

25 of 25 06/04/2018 18:22