PT Mahaka Media Tbk.

(Formerly PT Abdi Bangsa Tbk) Others

Head Office Plaza ASIA 26th Floor Summary of Financial Statement

Jl. Jend. Sudirman Kav. 59 (Million Rupiah)
Jakarta 12190 2007 2008 2009
Phone (021) 5140-1655 Total Assets 159,176 226,259 229,920
Fax (021) 5140-1656, 5140-1653 Current Assets 65,508 99,043 106,585
Business Daily Newspaper of which
Cash and cash equivalents 4,110 18,410 8,128
Company Status PMDN Trade receivables 43,621 58,124 72,017
Inventories 1,090 1,665 2,217
Financial Performance: In 2009, the Company booked Non-Current Assets 93,668 127,216 123,335
of which
net income amounted IDR75.78 billion, tumbling down from Fixed Assets-Net 44,131 50,318 48,076
IDR398 billion recorded last year. Deffered Tax Assets 7,472 4,143 5,107
Other Assets 2,033 1,970 3,475
Brief History: Established on November 28th 1992 by
Liabilities 70,339 65,242 66,442
Abdi Bangsa Foundation as PT. Abdi Massa then changed to Current Liabilities 43,384 45,256 49,321
PT. Abdi Bangsa. Got the publication permit to issued Repub- of which
Trade payables 9,289 4,793 7,431
lika Daily Newspaper. Headquartered in Jl. Warung Buncit 37, Accrued expenses 4,525 9,396 7,423
South Jakarta, Republika is the 4th biggest newspaper issued in Taxes payable
Non-Current Liabilities
23,563
26,955
23,828
19,986
27,330
17,122
Jakarta and 7th nationally based on SRI - AC Nielsen research Minority Interests in Subsidiaries 5,328 8,903 12,250
(Media Index 2000/2001). Shareholders' Equity 83,508 152,114 151,227
Paid-up capital 115,200 142,200 142,200
Paid-up capital
in excess of par value 4,936 44,484 44,484
Retained earnings (36,627) (34,570) (35,457)

Net Sales 112,064 143,886 147,595

Cost of Good Sold 62,258 82,239 84,477
Gross Profit 49,806 61,647 63,118
Operating Expenses 37,557 49,208 56,059
Operating Profit (Loss) 12,249 12,439 7,058
Other Income (Expenses) 75 2,072 (1,494)
Profit (Loss) before Taxes 12,324 14,511 5,564
Profit (Loss) after Taxes 3,159 2,058 504

Per Share Data (Rap)

Earnings (Loss) per Share 2.74 1.45 0.35
Equity per Share 72 107 106
Dividend per Share n.a n.a n.a
Closing Price 230 140 59

Financial Ratios
PER (x) 83.87 96.75 166.52
PBV (x) 3.17 1.31 0.55
Dividend Payout (%) n.a n.a n.a
Dividend Yield (%) n.a n.a n.a

Current Ratio (x) 0.66 0.46 0.46

Debt to Equity (x) 0.84 0.43 0.44
Leverage Ratio (x) 0.44 0.29 0.29
Operating Profit Margin (x) 0.11 0.09 0.05
Net Profit Margin (x) 0.03 0.01 0.00
Inventory Turnover (x) 34.44 29.56 25.29
Total Assets Turnover (x) 0.70 0.64 0.64
ROI (%) 1.98 0.91 0.22
ROE (%) 3.78 1.35 0.33

PER = 116.37x ; PBV = 0.88x (June 2010)

Financial Year: December 31
Public Accountant: Jamaludin, Aria, Sukimto & Co.

(million rupiah)
2010 2009
June June
Total Assets 243,617 220,839
Current Assets 125,741 95,389
Non-Current Assets 117,876 125,450
Shareholders Liabilities 79,668 55,681
PY Beyond Media 56.89% Shareholders' Equity 151,092 153,397
Abbey Communications BV 10.33% Net Sales 73,420 53,398
PT Recapital Asset Management 4.84% Profit after Taxes 884 1,283
PT Indopac Usaha Prima 4.79%
Yayasan Abdi Bangsa 4.04% ROI (%) 0.36 0.58
Public 19.11% ROE (%) 0.59 0.84

858 Indonesian Capital Market Directory 2010

PT Mahaka Media Tbk.
(Formerly PT Abdi Bangsa Tbk) Others

Board of Commissioners Board of Directors

President Commissioner Drs. Abdulgani, MA President Director Rudy S. Laksmana
Commissioners R. Harry Zulnardy, Gavin O’Reilly, Directors Yahya Basalamah, Susie Kurniasih,
Rosan Perkasa Roeslani, Pradjoto, Adrian Syarkawi, Daniel JP Wewengkang,
Ercik Tohir Agoosh Yoosran

Number of Employees 545

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 Company Listing 03-Apr-02 03-Apr-02 400,000,000 400,000,000
2 Right Issue 31-Jul-02 03-Sep-02 240,000,000 640,000,000
3 Right Issue 29-Jul-08 29-Jul-08 270,000,000 910,000,000

Underwriter
PT Rifan Financindo Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Thousand Shares
Stock Price (Rp)
200 20,000

180 18,000

160 16,000

140 14,000

120 A 12,000

100 10,000

80 8,000

60 6,000

40 4,000

20 2,000

- -
Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10

Institute for Economic and Financial Research 859