PT Indofood sukses Makmur and Subsidiaries

Consolidated Balance Sheets

December 31 , 1996 and 1995
( Amount in Thousands , except Par Value and number of shares )

Assets
Current Assets
Cash and cash equivalents
Account Receivable ( A/R)
- Trade - net of allowance for doubful accounts of
Rp. 411.118 in 1996
- Related Parties
- Third Parties
- Non Trade
- Related Parties
- Third Parties
Inventories - net
Advances and deposits
Prepaid taxes
Prepaid expenses and other current assets

Total Current Assets

Investments in shares of Stocks
Property , Plant and Equipment
Carying Value
Accummulated Depreciation
Net Book Value
Other Assets
Deferred Cahrges - net
Receivables from related parties
Others
Total Other Assets

TOTAL ASSETS
Liabilities and Stockholders' Equity
Current Liabilities
Short- term bank loans and notes payable
Account Payable
- Trade
- Related Parties
- Third Parties
- Non Trade
- Related Parties
- Third Parties
Accrued Expenses
Taxes Payable
 Current Maturities of Long-term debts
- Bank Loans
- Obligation under capital leases
Total Current Liabilities
Long-term Debts - Net of current Maturities
Bank Loans
Obligation under capital leases
Due to Stockholders
Total long-term debts

Estimated Liability for Retirement Benefits

Deferred Gain on Sale and Lease Back
Minority Interests in Net Assets of consolidated
Subsidiaries
Stockholders' Equity
Capital Stock - Rp. 500 par value in 1996 and Rp. 1.000
par value in 1995. Authorized 2.000.000.000 shares in
1996 and 1.000.000.000 shares in 1995
Issued and fully paid - 1.526.000.000 shares in 1996
and 763.000.0000 shares in 1995
Additional paid-in capital
Retained Earnings
- Appropriated
- Unappropriated
Total Stockholders' Equity

Total Liabilities and Stockholders' Equity

PT Indofood sukses Makmur and Subsidiaries

Consolidated Statements of Income
December 31 , 1996 and 1995
( Amount in Thousands , except Income Per Shares )

Net Sales

Cost of Goods Sold

Gross Profits

Operating Expenses
- Selling
- General and Administrative
Total Operating Expenses
 Income from Operations

Other Income ( Charges )

Income before provision for income tax

Provision for income tax
Income before minority interests
Minority interests in Net Losses ( Earnings ) of
Consolidated Subsidiaries
Net Income after Tax and Minorities ( EAT )
Income from Operations per Share
Net Income per share

Dari laporan posisi neraca dan L/R PT.Indofood diatas hitung masing2 rasio keuangan
di bawah ini :

A. RASIO LIKWIDITAS ( LIQUDITY RATIO ) 1995

1 Current Ratio 1.651
2 Quick Ratio 1.287
3 Net Working Capital 513,679,234
B. RASIO AKTIVITAS
4 Total Assets Turnover 0.669
5 Total Fixed Assets Turnover 0.949
6 Account Receivable Turnover 13.421
7 Inventory Turnover 45.719
8 Average Collection Period
C. RASIO RENTABILITAS / PROFITABILITAS
9 Gross Profit MArgin ( GPM ) 0.317
10 Net Profit Margin ( NPM ) 8.044
11 Operating Return on Assets 11.867
12 Return On Assets ( ROA ) 0.083
13 Return On Equity ( ROE ) 0.211
14 Operating Ratio 0.133
D. RASIO SOLVABILITAS
15 Debt Ratio 0.157
16 Debt To Equity Ratio 0.398
17 Long Term Debt To Equity Ratio 0.005
18 Times Interest Earned 1.132
E. RASIO PASAR
19 Book Value per Share (BVS )
20 Price to Book Value ( P / BV ) 648.77
21 Earning Per Sahre ( EPS ) 0.230
22 Price Earning Ratio ( PER ) 0.2302162
23 Dupont Formula 0.211
nd Subsidiaries
Sheets
nd 1995
ue and number of shares )

1996 ( Rp ). 1995 ( Rp.)

547,472,313 366,630,056

102,904,441 90,060,558
71,736,441 77,685,624

20,337,551 13,904,423
15,567,282 20,513,337
323,429,469 344,732,269
42,184,564 66,433,605
29,497,984 32,342,533
22,949,834 24,892,226
----------------------- ------------------------
1,176,079,879 1,037,194,631
23,234,746 5,567,168

3,249,869,696 2,782,320,920
(272,306,704) (159,246,238)
2,977,562,992 2,623,074,682

10,276,660 11,440,905
11,384,500 5,100,000
22,379,212 19,930,207
44,040,372 36,471,112

4,220,917,989 3,702,307,593

113,732,144 316,418,934

1,250,559 704,537
151,096,769 188,654,854

106,320,453 1,986,841
31,392,595 31,182,136
164,990,634 82,970,696
61,568,149 30,111,472
 6,151,704 42,532,735
25,897,638 20,750,004
662,400,645 715,312,209

1,775,283,780 1,481,679,842
37,039,969 47,595,996
13,675,353 13,675,353
1,825,999,102 1,542,951,191

37,543,697 43,651,493
8,155,332 8,850,609

22,035,296 17,428,091

763,000,000 763,000,000
109,200,000 109,200,000

5,000,000 nbv
787,583,917 502,314,001 500 0.770695
1,664,783,917 1,374,514,001
----------------------- ------------------------
4,220,917,989 3,702,707,594 2,556,134,072 2,328,193,593
=========== ============

kmur and Subsidiaries

ements of Income
1996 and 1995
xcept Income Per Shares )

1996 ( Rp ). 1995 ( Rp.)

2,825,766,934 2,091,043,205

1,928,647,107 1,415,852,738

897,119,827 675,190,467

221,520,570 198,605,522
152,982,453 102,919,185
374,503,023 301,524,707
 522,616,804 373,665,760

(123,803,364) (62,594,355)
----------------------- ------------------------
398,813,440 311,071,405
46,565,306 6,543,821
352,248,134 304,527,584

(938,218) 840,190
351,309,916 305,367,774
342 245
230 200

g masing2 rasio keuangan

1996
0.445
0.968
321,882,422

0.565
0.797
10.343
21.312

0.323
6.848
10.246
0.082
0.222
0.144

0.193
0.520
0.012
1.021

7356.38
0.040
0.0400220
0.222
0.135936