GIAA Garuda Indonesia (Persero) Tbk.

[S]
COMPANY REPORT : JULY 2015 As of 31 July 2015
Main Board Individual Index : 58.744
Industry Sector : Infrastructure, Utilities And Transportation (7) Listed Shares : 25,868,926,633
Industry Sub Sector : Transportation (74) Market Capitalization : 11,304,720,938,621
60 | 15.4T | 0.29% | 77.65%

104 | 2.35T | 0.16% | 91.55%

COMPANY HISTORY SHAREHOLDERS (July 2015)

Established Date : 31-Mar-1950 1. Negara Republik Indonesia 15,653,128,000 : 60.51%
Listing Date : 11-Feb-2011 2. Credit Suisse AG Singapore Tr. Ac. Cl. PT Trans Airways - 2023904132 6,370,697,372 : 24.63%
Under Writer IPO : 3. Public (<5%) 3,845,101,261 : 14.86%
PT Bahana Securities
PT Danareksa Sekuritas DIVIDEND ANNOUNCEMENT
PT Mandiri Sekuritas Bonus Cash Recording Payment
F/I
Securities Administration Bureau : Year Shares Dividend Cum Date Ex Date Date Date
PT Datindo Entrycom -
Puri Datindo - Wisma Sudirman
Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220 ISSUED HISTORY
Phone : (021) 570-9009 Listing Trading
Fax : (021) 570-9026 No. Type of Listing Shares Date Date
1. First Issue 6,335,738,000 11-Feb-11 11-Feb-11
BOARD OF COMMISSIONERS 2. Company Listing 16,305,258,000 11-Feb-11 11-Feb-11
1. Bambang Susantono 3. Right Issue I 3,227,930,633 24-Apr-14 24-Apr-14
2. Betti S. Alisjahbana *)
3. Chris Kanter *)
4. Isa Rachmatarwata
5. Peter F. Gontha *)
6. Wendy Aritenang Yazid
*) Independent Commissioners

BOARD OF DIRECTORS
1. Emirsyah Satar
2. Batara Silaban
3. Faik Fahmi
4. Frederik Johannes Erik Meijer
5. Handrito Hardjono
6. Heriyanto Agung Putra
7. Judi Rifajantoro
8. Novijanto Herupratomo

AUDIT COMMITTEE
1. Betti S. Alisjahbana
2. Prasetyo Suhardi
3. Regina Jansen Arsjah

CORPORATE SECRETARY
Heri Akhyar

HEAD OFFICE
Management Building, Garuda City
Bandara Udara Internasional Soekarno Hatta
Cengkareng 19120
Phone : (021) 256-01028
Fax : (021) 256-01028, 231-1223

Homepage : www.garuda-indonesia.com
Email : heri.akhyar@garuda-indonesia.com
 GIAA Garuda Indonesia (Persero) Tbk. [S]
TRADING ACTIVITIES
Closing Price* and Trading Volume
Garuda Indonesia (Persero) Tbk. [S] Closing Price Freq. Volume Value

Day
Closing Volume
Price* February 2011 - July 2015 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
780 3,200 Feb-11 700 510 530 23,616 1,313,438 794,112 11
Mar-11 580 500 530 17,203 655,784 350,609 23
683 2,800 Apr-11 560 530 550 12,263 422,064 221,690 20
May-11 550 500 540 4,950 271,854 142,662 21
Jun-11 540 510 530 3,356 490,139 264,203 20
585 2,400
Jul-11 540 490 510 7,415 386,222 197,780 21
Aug-11 510 420 500 9,336 738,463 487,948 19
488 2,000
Sep-11 520 425 435 6,615 230,709 108,824 20
Oct-11 455 390 445 7,644 289,835 122,276 21
390 1,600
Nov-11 445 400 415 9,299 227,557 95,785 22
Dec-11 500 400 475 9,052 910,433 563,891 21
293 1,200
Jan-12 600 465 550 13,832 1,856,304 972,373 21
195 800 Feb-12 650 540 580 11,708 748,981 450,467 21
Mar-12 660 560 620 7,716 437,062 263,932 21
98 400 Apr-12 720 600 670 10,639 3,182,281 1,996,596 20
May-12 740 650 710 10,813 687,588 483,667 21
Jun-12 720 630 710 6,343 298,332 201,465 21
Jul-12 780 670 740 11,640 586,699 432,406 22
Feb-11 Feb-12 Feb-13 Feb-14 Feb-15
Aug-12 750 600 630 8,168 356,297 236,577 19
Sep-12 640 580 620 11,168 400,491 242,197 20
Oct-12 740 620 690 12,364 627,951 427,913 22
Closing Price*, Jakarta Composite Index (IHSG) and Nov-12 710 660 690 6,810 285,593 195,304 20
Infrastructure, Utilities and Transportation Index Dec-12 710 620 660 7,065 303,122 201,855 18
February 2011 - July 2015
75% Jan-13 670 610 650 5,966 302,838 195,543 21
Feb-13 670 640 660 11,540 375,277 243,387 20
60% Mar-13 690 620 650 39,225 876,869 572,247 19
Apr-13 660 600 630 25,282 496,458 312,846 22
45% May-13 630 530 530 6,768 252,981 148,840 22
41.6%
Jun-13 570 465 520 11,153 300,618 151,299 19
34.8%
30% Jul-13 530 470 500 8,292 157,016 78,193 23
Aug-13 520 460 480 5,152 139,489 67,806 17
Sep-13 520 470 500 8,497 147,716 74,179 21
15%
Oct-13 510 480 490 8,154 88,633 44,255 21
Nov-13 510 470 495 5,335 775,274 402,645 20
-
Dec-13 510 480 500 6,491 112,786 56,089 19

-15% Jan-14 505 480 483 9,046 188,794 92,971 20

Feb-14 487 477 480 8,092 281,804 136,439 20
-30% -29.4% Mar-14 500 460 497 7,323 662,925 323,968 20
Apr-14 497 456 461 6,878 2,337,958 1,087,728 20
-45% May-14 464 438 438 3,853 52,757 25,647 18
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Jun-14 445 413 422 5,287 39,680 16,855 21
Jul-14 450 421 437 5,167 70,532 35,018 18
Aug-14 438 418 433 8,870 106,033 45,977 20
SHARES TRADED 2011 2012 2013 2014 Jul-15 Sep-14 437 415 415 9,870 402,223 189,337 22
Volume (Million Sh.) 5,936 9,771 4,026 4,866 1,395 Oct-14 540 413 530 13,456 193,315 94,606 23
Value (Billion Rp) 3,350 6,105 2,347 2,346 762 Nov-14 530 452 490 8,495 79,330 39,101 20
Frequency (Thou. X) 111 118 142 105 85 Dec-14 625 490 555 18,257 450,543 258,813 20
Days 219 246 244 242 142
Jan-15 650 550 595 11,675 297,254 179,455 21
Price (Rupiah) Feb-15 595 510 525 11,743 203,099 111,327 19
High 700 780 690 625 650 Mar-15 540 476 492 14,519 186,649 94,192 22
Low 390 465 460 413 410 Apr-15 600 485 595 12,344 284,601 163,262 21
Close 475 660 500 555 437 May-15 600 469 469 9,893 198,491 112,582 19
Close* 474 659 499 555 437 Jun-15 493 438 445 13,042 171,905 78,266 21
Jul-15 460 410 437 11,545 52,509 22,992 19
PER (X) 12.52 10.63 83.58 -4.02 15.29
PER Industry (X) 11.09 17.53 12.11 20.04 10.01
PBV (X) 1.42 1.39 0.83 1.13 0.96
* Adjusted price after corporate action
 GIAA Garuda Indonesia (Persero) Tbk. [S]
Financial Data and Ratios Book End : December
Public Accountant : Osman Bing Satrio & Eny (Member of Deloitte Touche Tohmatsu Limited)

BALANCE SHEET Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 3,783,646 3,150,340 5,831,448 5,401,297 38,750

Receivables 1,621,820 1,328,162 1,824,873 1,603,918

720,555 806,902 1,108,330 1,059,602 31,000
Inventories
Current Assets 6,784,092 6,155,595 10,050,773 10,079,564
23,250
Fixed Assets 5,045,542 7,717,425 10,590,223 11,478,358
Other Assets 462,410 665,604 905,899 562,776
15,500
Total Assets 18,009,967 24,349,038 36,242,941 38,561,748
Growth (%) 35.20% 48.85% 6.40% 7,750

Current Liabilities 5,866,978 7,293,182 12,072,340 15,164,028 -

Long Term Liabilities 4,595,856 6,274,192 10,463,194 11,997,483 2011 2012 2013 2014
Total Liabilities 10,462,834 13,567,374 22,535,534 27,161,511
Growth (%) 29.67% 66.10% 20.53%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 15,000,000 13,770,000 13,770,000 13,770,000 13,707
Paid up Capital 11,320,498 11,320,498 10,392,217 11,873,837 13,707

11,400
Paid up Capital (Shares) 22,641 22,641 22,641 25,869 10,782
Par Value 500 500 459 459
10,911

Retained Earnings -5,974,223 1,069,486 1,520,511 -3,156,633 7,547

8,115

Total Equity 7,547,134 10,781,664 13,707,407 11,400,237

Growth (%) 42.86% 27.14% -16.83% 5,318

INCOME STATEMENTS Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 2,522

Total Revenues 27,164,570 33,578,775 45,596,260 48,917,382

Growth (%) 23.61% 35.79% 7.28%
-274

2011 2012 2013 2014

Cost of Revenues 26,152,842 31,953,518 45,518,635 53,407,634

Gross Profit 1,011,727 1,625,257 77,624 -4,490,251
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 26,152,842 31,953,518 -614,996 475,605
Operating Profit 1,011,727 1,625,257 692,620 -4,965,857 48,917
45,596
Growth (%) 60.64% -57.38% N/A
48,917

33,579
38,938

Other Income (Expenses) -9,070 -159,957 -584,453 -761,394

27,165
Income before Tax 1,002,657 1,465,300 108,167 -5,727,250 28,959

Tax 193,992 -393,453 -29,261 -1,101,370

Profit for the period 808,665 1,071,848 137,429 -4,625,880
18,980

Growth (%) 32.55% -87.18% N/A

9,001

Period Attributable - 1,071,848 135,447 -4,639,142 -978

Comprehensive Income 858,795 1,406,108 6,939 -4,153,284 2011 2012 2013 2014
Comprehensive Attributable - - 11,857 -4,098,616

RATIOS Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 115.63 84.40 83.25 66.47
1,072
- - - - 809
Dividend (Rp)
EPS (Rp) - 47.34 5.98 -179.33 137 2014
BV (Rp) 333.34 476.20 605.42 440.69 -68

2011 2012 2013

DAR (X) 0.58 0.56 0.62 0.70
1.39 1.26 1.64 2.38
-1,207

DER(X)
ROA (%) 4.49 4.40 0.38 -12.00 -2,347

ROE (%) 10.71 9.94 1.00 -40.58

GPM (%) 3.72 4.84 0.17 -9.18 -3,486

OPM (%) 3.72 4.84 1.52 -10.15

NPM (%) 2.98 3.19 0.30 -9.46
-4,626

-4,626
Payout Ratio (%) - - -
Yield (%) - - - -