PTKedawungSetiaIndustrialTbk.

Business
CompanyStatus

Producesenameledhouseholdimplements(especiallykitchen
utensils)
PMDN

Underwriter

PTBhaktiInvestamaTbk

Shareholder
2000
PTKitaSuburUtama
Public

2001
66.11% PTKitaSuburUtama
33.89% Public

2005
PTKitaSuburUtama
Public

66.11% PTKitaSuburUtama
33.89% Public

2006
66.11% PTKitaSuburUtama
33.89% Public

2002

2007
66.11% PTKitaSuburUtama
33.89% Public

2003
66.11% PTKitaSuburUtama
33.89% Public

2008
66.11% PTKitaSuburUtama
33.89% QuaradingLtd.Hongkong
Public

2004
66.11% PTKitaSuburUtama
33.89% Public

66.11%
33.89%

2009
49.13% PTKitaSuburUtama
25.68% QuaradingLtd.Hongkong
25.19% Public

49.13%
25.68%
25.19%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Antonius Baroto Budi Susatyo

3,723

2001 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Antonius Baroto

3,020

2002 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Vincent Makmur Widjaja,
Kaszief Kaslan, Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Antonius Baroto Budisusatyo

3,275

2003 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Vincent Makmur Widjaja,
Kaszief Kaslan, Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Antonius Baroto Budisusatyo

3,280

2004 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Kaszief Kaslan,
Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono
Antonius Baroto Budisusatyo

2,562

2005 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Kaszief Kaslan,
Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Wibisono, Anton Baroto Budisusatyo

1,913

2006 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono
Kaszief Kaslan
Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono
Anton Baroto Budi Susatyo

1,556

2007 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Kaszief Kaslan
Tjiptohadi Sawarjuwono

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Anton Baroto Budisusatyo

1,800

2008 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono, Kaszief Kaslan,
Zulfikar Ismail

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono, Anton Baroto Budisusatyo

1,844

2009 President Commissioner

Commissioners

HMY. Bambang Sujanto

Heru Wibisono
Ir. Kaszief Kaslan, Msc
Drs. Zulfikar Ismail, SE, AK

President Director
Directors

Ali Sugiharto Wibisono

Harianto Wibisono
Drs. Anton Baroto Budi Susatyo, MMT.

1,829

(million rupiah)
2001

1998

1999

2000

2002

2003

2004

2005

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Time deposits
Trade receivables
Inventories
Time deposit
Receivable from affiliates
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investments
Other Assets

280,542
112,044

356,205
153,514

422,696
222,759

410,650
193,452

410,776
207,519

372,076
186,331

379,040
202,637

384,928
227,475

11,167

8,938

24,023

2,310

3,534

8,801

5,413

15,165

36,507
56,691

91,120
46,181

114,305
67,925

114,368
73,652

110,858
89,486

89,921
83,375

87,255
104,779

98,457
111,564

143,038

203,258

185,745

176,403

157,453

196,257

188,914

208,839

194,897
5,125

177,609
5,690

159,632
13,368

141,759
2,000

25,461

6,434

11,023

8,359

Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt

194,737
142,684

196,654
150,748

277,738
120,388

283,399
264,486

286,780
262,244

267,236
213,663

296,891
175,188

305,627
252,098

56,889
28,867

49,968
45,594

34,426
46,740

16,274
86,692

30,651
73,045

52,827
99,168

58,911
110,958

134,993

8,269

11,498

68,720

24,537

53,573

121,703

53,528

123,996
150,500

104,840
150,500

82,149
150,500

79,301
150,500

77,153
19,374

30,094

48,375

18,297

154,615

Long-term Liabilities
of which
Bank borrowings
Non-Current Liabilities
Minority Interests in Subsidiaries

52,053

45,906

157,350

18,914

Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed assets
Retained earnings (accumulated loss)

85,805
75,250

159,551
75,250

144,958
150,500

127,251
150,500

13,554

14,114

(2,999)

70,187

(5,542)

(23,249)

n.a
1,288
(27,792)

n.a
1,288
(46,948)

n.a
1,288
(69,638)

n.a
1,288
(72,487)

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

200,807
123,834
76,972
20,046
56,926
(64,119)
(7,193)
1,338

239,914
199,823
40,091
19,954
20,137
(2,658)
17,479
14,125

432,146
352,876
79,270
31,315
47,955
(65,317)
(17,362)
(14,593)

436,461
381,529
54,932
44,239
10,692
(33,073)
(22,381)
(17,708)

513,094
473,429
39,665
55,432
(15,767)
14,727
(1,040)
(3,255)

498,553
468,966
29,587
60,537
(30,950)
(3,326)
(34,276)
(19,156)

542,754
491,646
51,109
59,753
(8,644)
(27,114)
(35,758)
(22,691)

631,079
563,195
67,883
57,484
10,400
(17,317)
(6,918)
(7,398)

Per Share Data (Rp)

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

9
570
200

94
1,060
2,250

(48)
482
380

(59)
423
250

(11)
412
n.a
155

(64)
348
n.a
175

(75)
273
n.a
130

(25)
263
n.a
80

22.49
0.35
-

23.97
2.12
-

(7.84)
0.79
-

(4.25)
0.59
-

(14.34)
0.38
n.a
n.a

(2.75)
0.50
n.a
n.a

(1.72)
0.48
n.a
n.a

(3.25)
0.30
n.a
n.a

0.79
2.27
0.69
0.38
0.28
0.01
2.18
0.72
0.48
1.56

1.02
1.23
0.55
0.17
0.08
0.06
4.33
0.67
3.97
8.85

1.85
1.92
0.66
0.18
0.11
n.a.
5.20
1.02
(3.45)
(10.07)

0.73
2.23
0.69
0.13
0.02
n.a.
5.18
1.06
(4.31)
(13.92)

0.79
2.31
0.70
0.08
n.a.
n.a.
5.29
1.25
(0.79)
(2.62)

0.87
2.55
0.72
0.06
n.a.
n.a.
5.62
1.34
(5.15)
(18.27)

1.16
3.61
0.78
0.09
n.a.
n.a.
4.69
1.43
(5.99)
(27.62)

0.90
3.85
0.79
0.11
0.02
n.a
5.05
1.64
(1.92)
(9.33)

2000
18.67
(9.15)
80.13
(203.31)

2001
(2.85)
(12.22)
1.00
21.35

2002
0.03
(2.56)
17.56
(81.62)

2003
(9.42)
(15.45)
(2.83)
488.51

2004
1.87
(21.64)
8.87
18.45

2005
1.55
(3.47)
16.27
(67.40)

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)
Current Ratio (x)
Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)

1
2
3
4

Growth (%)
Indicators
Total Asset
Share Holder's Equity
Net Sales/Revenue
Net Provit

1998

1999
26.97
85.95
19.47
955.68

SUMMARY OF FINANCIAL STATEMENT

PT. Kedawung Setia Industrial (KDSI)

2006

(millionrupiah)
2007

2008

TotalAssets
CurrentAssets
ofwhich
Cashonhandandinbanks
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
DefferedTaxAssetsNet
OtherAssets

439,737
227,599

542,060
348,495

485,722
288,226

5,113
119,413
93,625
212,138

11,908
183,497
150,140
193,565

11,998
147,536
124,580
197,496

199,822
n.a
2,000

182,484
7,587
2,000

187,338
6,224
2,000

Liabilities
CurrentLiabilities
ofwhich
Shorttermdebt
Tradepayable
Currentmaturities
oflongtermdebt
NonCurrentLiabilities

283,816
232,015

319,639
280,958

257,584
241,054

32,402
114,088

33,180
211,553

75,073
105,233

65,699
51,800

14,249
38,680

14,609
16,531

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Revaluationoffixedassets
Retainedearnings(accumulatedloss)

155,921
150,500

222,421
202,500

228,138
202,500

n.a
3,606
1,815

n.a
3,606
16,315

n.a
3,606
22,031

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit(Loss)
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

657,923
578,054
79,869
55,594
24,275
(11,798)
12,478
7,351

922,557
825,876
96,681
63,323
33,358
(11,546)
21,812
14,500

1,078,023
963,977
114,046
77,683
36,363
(23,464)
12,899
5,716

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

24
518
n.a
140

36
549
n.a
275

14
563
n.a
98

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)

5.73
0.27
n.a
n.a

7.68
0.50
n.a
n.a

6.94
0.17
n.a
n.a

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)

0.98
1.82
0.65
0.12
0.04
0.01
6.17
1.50
1.67
4.71

1.24
1.44
0.59
0.10
0.04
0.02
5.50
1.70
2.68
6.52

1.20
1.13
0.53
0.11
0.03
0.01
7.74
2.22
1.18
2.51

PER=3.45x;PBV=0.23x(June2009)
FinancialYear:December31
PublicAccountant:Kosasih&Nurdiyaman