PT Bhuwanatala Indah Permai Tbk.

Head Office

Operational Office

Business
Company Status

Graha BIP 6th Floor

Jl. Gatot Subroto Kav. 23
Jakarta 12930
Phone (021) 252-2535, (Hunting)
Fax (021) 252-2532
E-mail: corsec@bipp.co.id
Plaza Bandung Indah
Jl. Merdeka No. 56
Bandung 40116
Phone (022) 423-0850
Fax (022) 424-0336
Commercial Property
PMDN

Financial Performance: The Company booked net loss of

IDR41.689 billion in 2006, increase sharply by 168.79% versus the
net loss in 2005 that was IDR15.510 billion. The net loss rose significantly because of significant increase in other net expenses from
IDR14.916 billion to IDR42.669 billion.
Brief History: It currently owns and manages the Plaza
Bandung Indah I and II shopping centers, which occupy 4.6 ha in
all. Another project, the 256-room Hotel Hyatt Pakunegara, is now
approaching completion on an adjacent 0.9 ha site. The shares of
the company were first listed on the OTC Market, and since the
merger of the OTC Market with the Surabaya Stock Exchange
(SSX), the shares have automatically been listed on the SSX as well.
The Annual General Meeting, held April 3, 1996, decided to increase authorized capital from Rp 160 billion to Rp 280 billion.
The same meeting also decided on a stock split, lowering par value
from Rp 1,000 to Rp 500 per share, and to distribute bonus shares
at a ratio of 5:4. The company plans to acquire and manage ex
Bank Summa that was liquidated in 1992. Bank Summa assets
being estimated about Rp 600 billion. On March 12, 1998, the
shareholders meeting agreed to acquire five companies worth Rp
362.55 billion. Those five companies operated in property, namely
PT Asri Kencana Gemilang, PT Binangun Artha Perkasa, PT Savoy Niaga, PT Suryagajah Maspertiwi and PT Darmo Satellite
Town.

Real Estate and Property

Summary of Financial Statement

2004
Total Assets
Current Assets
of which
Cash and Cash Equivalents
Trade receivables
Advances and Prepaid Expenses
Non-Current Assets
of which
Fixed Assets-Net
Investments
Advances for Purchase of Fixed Assets-Net

317,415
7,446

337,153
7,960

293,890
50,267

2,077
4,778
n.a
309,969

1,864
3,906
378
329,193

2,199
4,874
157
243,624

72,300
217,346
n.a

69,706
217,088
42,400

66,670
134,554
42,400

88,276
46,190

124,188
55,840

122,647
63,572

n.a
345

9,133
290

13,158
292

33,724
42,086
(1,774)

12,036
68,348
441

20,906
59,074
364

230,913
819,109

212,524
819,109

170,879
819,109

3,822
(592,019)

1,258
(607,843)

1,258
(649,488)

Revenue
Cost of Good Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Profit (Loss) before Taxes
Profit (Loss) after Taxes

18,288
9,871
8,417
6,351
2,065
35,235
37,301
34,526

20,076
10,678
9,399
8,535
864
(14,916)
(14,052)
(15,510)

21,085
11,046
10,039
7,373
2,666
(42,669)
(40,003)
(41,689)

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price

21
141
n.a
85

(9)
130
n.a
60

(25)
104
2
45

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)

4.03
0.60
n.a
n.a

(6.34)
0.46
n.a
n.a

(1.77)
0.43
(6.80)
3.84

0.16
0.38
0.28
0.46
1.89
0.06
10.88
14.95

0.14
0.58
0.37
0.47
n.a
0.06
(4.60)
(7.30)

0.79
0.72
0.42
0.48
n.a
0.07
(14.19)
(24.40)

Liabilities
Current Liabilities
of which
Accrued Expenses
Taxes payable
Current maturities of
long-term debt
Non-Current Liabilities
Minority Interests in Subsidiaries
Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Retained earnings (accumulated loss)

Current Ratio (x)

Debt to Equity (x)
Leverage Ratio (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)
PER = -20.68x ; PBV = 0.98x (June 2007)
Financial Year: December 31
Public Accountant: Drs. Johan, Malonda & Co.

Shareholders

PT Bhakti Karya Indah Permai

Public

612

(million rupiah)
2005
2006

37.46%
6254%

Indonesian Capital Market Directory 2007

PT Bhuwanatala Indah Permai Tbk.

Real Estate and Property

Board of Commissioners

Board of Directors

President Commissioner Johannes Budisutrisno Kotjo

Commissioners Ir. Wisnoentoro Martokoesoemo,
Djoko Leksono Sugiarto, Fabian Surya Putra

President Director Benny Soetrisno

Directors Heru Tjahjo Pramono, Harnusa Sakirman,
Ivo Sebastian Wongkaren, Arianto Syarief
Number of Employees

No
1
2
3
4
5
6
7

Type of Listing
Company Listing
Stock Split
Bonus Shares
Right Isuue
Warrant
Right Isuue
Warrant Seri I

Listing Date

Trading Date

23-Oct-95
8-Jul-96
1-Aug-96
29-Nov-96
1-Jul-97
2-Apr-98
4-Dec-01

23-Oct-95
8-Jul-96
1-Aug-96
29-Nov-96
1-Jul-97
2-Apr-98
4-Dec-01

97

Number of Shares
per Listing
40,000,000
40,000,000
64,000,000
360,000,000
66,603
1,134,149,856
1,800

Total Listed
Shares
40,000,000
80,000,000
144,000,000
504,000,000
504,066,603
1,638,216,459
1,638,218,259

Underwriters

PT (Persero) Danareksa (IPO), PT First Indonesian Finance and Investment Corporation

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Month
January-06
February-06
March-06
April-06
May-06
June-06
July-06
August-06
September-06
October-06
November-06
December-06
January-07
February-07
March-07
April-07
May-07
June-07

High
(Rp)
70
60
65
65
70
50
50
45
45
45
45
50
57
55
86
79
83
167

Stock Price
Low
(Rp)
55
55
55
55
50
40
35
35
40
40
35
35
41
44
46
62
68
74

Close
(Rp)
60
60
60
65
50
40
40
40
45
40
40
45
43
49
65
76
73
101

Shares Traded
Volume
Value
(Thousand Shares)
(Rp Million)
14,764.00
903.00
7,457.00
427.00
14,018.00
806.00
25,813.00
1,558.00
36,023.00
2,120.00
5,719.00
252.00
9,629.00
402.00
11,323.00
450.00
5,066.00
203.00
2,505.00
102.00
7,755.00
301.00
32,340.00
1,439.00
31,806.00
1,559.00
56,523.00
2,880.00
567,706.00
40,612.00
675,443.00
49,973.00
122,006.00
9,288.00
1,998,729.00
245,047.00

Frequency

Trading
Day

307
126
197
334
491
95
135
147
123
48
123
549
455
970
6852
6948
1686
19051

19
19
19
18
19
21
19
17
15
11
16
17
21
20
21
20
21
20

Listed
Shares
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00
1,638,218,259.00

Market
Capitalization
(Rp Million)
98,293.00
98,293.00
98,293.00
106,484.00
81,911.00
65,529.00
65,529.00
65,529.00
73,720.00
65,529.00
65,529.00
73,720.00
70,443.00
80,273.00
106,484.00
124,505.00
119,590.00
165,460.00

Stock Price and Traded Chart

Stock Price (Rp)

Million Shares
1,000

140

900

120

800
100

700
600

80

500
60

400
300

40

200
20

100

Jan06

Feb- Mar06
06

Apr- May- Jun06

06
06

Institute for Economic and Financial Research

Jul06

Aug- Sep- Oct06

06
06

Nov- Dec- Jan06

06
07

Feb- Mar07
07

Apr- May- Jun07

07
07

613