PT Primarindo Asia Infrastructure Tbk.

Head Ofce Gedung Dana Pensiun, Bank Mandiri 3A Jl. Tanjung Karang No. 3-4A Jakarta 10230 Phone (021) 314-8331, 391-3640 (Hunting) Fax (021) 314-8317 Email: paijkt@cbn.net.id Jl. Raya Rancabolang No. 98 Gedebage-Bandung Phone (022) 756-0555 (Hunting) Fax (022) 756-2406, 314-8317 Foot Wear PMDN

Apparel and Other Textile Products

Summary of Financial Statement

(Million Rupiah) 2008 2009 2010
Total Assets Current Assets of which Cash and cash equivalents Trade receivables Inventories Non-Current Assets of which Fixed Assets-Net Deffered Tax Assets Other Assets Liabilities Current Liabilities of which Trade payables Tax payables Current maturities of long-term debt Non-Current Liabilities Shareholders' Equity Paid-up capital Paid-up capital in excess of par value Retained earnings (accumulated loss) Net Sales Cost of Good Sold Gross Profit Operating Expenses Operating Profit (Loss) Other Income (Expenses) Profit (Loss) before Taxes Profit (Loss) after Taxes Per Share Data (Rp) Earnings (Loss) per Share Equity per Share Dividend per Share Closing Price 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 (%) 107,469 57,625 1,424 9,421 37,665 49,844 21,809 27,934 102 321,839 108,481 74,876 8,875 17,849 213,358 (214,370) 43,000 n.a (257,370) 284,024 250,423 33,601 23,772 9,829 (40,689) (30,861) (21,735) 94,881 67,047 2,879 11,090 47,684 27,833 18,728 8,936 170 296,912 114,702 85,801 7,544 14,100 182,210 (202,031) 43,000 n.a (245,031) 242,228 202,240 39,988 23,664 16,324 15,012 31,336 12,339 87,275 64,945 2,182 8,621 49,663 22,331 16,398 5,584 349 280,153 116,597 84,889 4,424 21,129 163,556 (192,878) 43,000 n.a (235,878) 321,452 277,852 43,600 27,784 15,817 (3,311) 12,505 9,153

Factory

Business Company Status

Financial Performance: The Company recorded net income at IDR 9.15 billion in 2010, versus net income booked in 2009 at IDR 12.338 billion. Brief History: Founded in 1988 as a domestic investment company under the name PT Bintang Kharisma, in 1994 the company registered and oated its shares on the Jakarta Stock Exchange and became PT Bintang Kharisma Tbk. In 1997, planning to diversify into other promising business, the company changed its name to PT Primarindo Asia Infrastructure Tbk. However, owing to Indonesias deteriorating economic and monetary situation at that time, the company opted to postpone these plans for diversication. Yet to make its name as a branded buyer, in 1989 the company began exporting two product lines, with orders from nonbranded buyers. The company achieved a major milestone in 1993, with nine product lines and facilities for the production and bonding of rubber outsoles, and for the manufacture of EVA (sponge rubber) and phylon (compressed molded EVA) for midsoles. In 1996, the company gained the trust from 2 main buyers: Reebok and Fila. Beginning in 1997, the company started to implement an accurate production control system. In that year, the company decided to modernize its production process by using the Anzani Conveyor Stitching. In 1998, the company developed a computerbased purchase order tracking system called BITSCAN (Bintang Kharisma Scanning). Further in 1999, the company started to use a Lectra Cutting System.

(253) (2,493) n.a 900

143 (2,349) n.a 900

106 (2,243) n.a 900

` (0.36) n.a n.a 0.53 n.a 2.99 11.83 3.46 n.a 6.65 2.64 (20.22) (10.14)

6.27 (0.38) n.a n.a 0.58 n.a 3.13 16.51 6.74 5.09 4.24 2.55 13.00 6.11

8.46 (0.40) n.a n.a 0.56 n.a 3.21 13.56 4.92 2.85 5.59 3.68 10.49 4.75

PER = 12.16x ; PBV = -0.41x (June 2011) Financial Year: December 31 Public Accountant: Sanusi, Supardi & Soegiharto

(million rupiah) 2011

Total Assets Current Assets Non-Current Assets Liabilities Shareholders' Equity Net Sales Profit after Taxes ROI (%) ROE (%) in June 94,175 74,554 19,621 285,262 (191,087) 86,476 1,791 1.90 (0.94)

2010
110,608 88,112 22,496 308,738 (198,130) 160,788 3,901 3.53 (1.97)

Shareholders PT Golden Lestari PT Woori Korindo Securities Indonesia PT Usaha Bersama Sekuritas PT Indomitra Securities Public

52.50% 21.69% 9.25% 5.52% 11.04%

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Indonesian Capital Market Directory 2011

PT Primarindo Asia Infrastructure Tbk.

Board of Commissioners President Commissioner Ibrahim Risjad Vice President Commissioner Abdul Rachman Ramly Commissioners Endang Kosasih, Hariadi Darmawan

Apparel and Other Textile Products

Board of Directors President Director Bambang Setiyono Vice President Director David Jahja Director Yati Nurhayati Number of Employees 2,656

No 1 2 3 4

Type of Listing First Issue Company Listing Stock Split Bonus Shares

Listing Date 30-Aug-94 30-Aug-94 03-Nov-97 04-Nov-97

Trading Date 30-Aug-94 28-Feb-95 03-Nov-97 04-Nov-97

Number of Shares per Listing 10,000,000 15,000,000 25,000,000 36,000,000

Total Listed Shares 10,000,000 25,000,000 50,000,000 86,000,000

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

Stock Price and Traded Chart

Stock Price (Rp) 1,000 900 800 700 600 500 400 300 200 100 Jan-10 Feb-10Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10Dec-10 Jan-11 Feb-11Mar-11 Apr-11 May-11 Jun-11

Thousand Shares 1 1 1 1 1 1 0 0 0 0 -

Institute for Economic and Financial Research

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