PT Alam Sutera Realty Tbk.

Real Estate and Property

Head Office Wisma Argo Manunggal 18th Floor Summary of Financial Statement
Jl. Jend. Gatot Subroto Kav. 22
Jakarta 12930 (million rupiah)
Phone (021) 252-3838 2006 2007
Fax (021) 252-5050 Total Assets 2,357,243 2,966,024
Business Property Current Assets 1,201,228 1,638,855
Company Status PMDN of which
Cash and Cash Equivalents 7,992 354,844
Financial Performance: The Company booked net profit worth Time deposits 7,628 49,959
IDR20.289 billion in 2007, rising sharply from IDR1.465 billion in Trade receivables n.a 3,777
Inventories 1,183,215 1,218,546
2006. The company recorded sales at IDR307 billion in 2007, ris-
Non-Current Assets 1,156,015 1,327,168
ing from IDR152 billion in 2006. of which
Brief History: The Company was established with name PT. Fixed Assets-Net 12,458 13,632
Adhihutama Manunggal on November 3, 1993 in Jakarta. On Deffered Tax Assets 1,251 1,408
August 23th 2007 the Company changed the name with PT. Alam Investments n.a 20,388
Other Assets n.a 66,443
Sutera Realty. The law‘s Company has been changed in a several
time‘s in IPO the Company‘s name change with PT. Alam Sutera Liabilities 1,136,845 1,262,527
Realty Tbk. Alam Sutera is strategically located in the center of Current Liabilities 858,264 1,065,644
the Golden Pentagon. The five areas in the vicinity of Jakarta have of which
Bank Loans 636,952 733,075
the highest annual growth rate; Tangerang, Karawaci, Kebun Jeruk, Trade payables 8,956 6,520
Pondok Indah, and Bintaro - Serpong. Taxes payable 1,472 9,430
Alam Sutera is an all-in-one community development area with Non-Current Liabilities 278,581 196,883
an eco-friendly atmosphere offering a place to work, along with a Minority Interests in Subsidiaries 6,491 7,468
place to live, and a place to enjoy family outings. Shareholders' Equity 1,213,907 1,696,028
unique and exclusive 700 hectares real estate wonderland lo- Paid-up capital 20,000 1,712,881
cated in the city of Serpong, Tangerang - on the outskirts of Jakarta, Paid-up capital
Alam Sutera is an elite one- stop residential concept surrounded in excess of par value 143,500 6,074
Retained earnings (accumulated loss) 1,050,407 (22,927)
by an accredited educational facility and an exceptional recre-
ational and commercial facility. Net Sales 152,016 307,932
Developed by PT. Alam Sutera Realty in September 1994, Alam Cost of Goods Sold 121,069 233,774
Gross Profit 30,947 74,158
Sutera is fast becoming the ideal location to live for established
Operating Expenses 29,319 42,697
professionals and for them who want live healthily. Operating Profit 1,629 31,461
Through a unique Clustering concept with between 150 to 300 Other Income (Expenses) (420) (3,335)
housing units with only one fully-secured entry and exit point. Profit (Loss) before Taxes 1,208 28,126
Profit (Loss) after Taxes 1,465 20,289

Per Share Data (Rp)

Earnings (Loss) per Share n.a 1.2
Equity per Share n.a 99
Dividend per Share n.a n.a
Closing Price n.a 200

Financial Ratios
PER (x) n.a 168.85
PBV (x) n.a 2.02
Dividend Payout (%) n.a n.a
Dividend Yield (%) n.a n.a

Current Ratio (x) 1.40 1.54

Debt to Equity (x) 0.94 0.74
Leverage Ratio (x) 0.48 0.43
Gross Profit Margin (x) 0.20 0.24
Operating Profit Margin (x) 0.01 0.10
Net Profit Margin (x) 0.01 0.07
Total Assets Turnover (x) 0.06 0.10
ROI (%) 0.06 0.68
ROE (%) 0.12 1.20

PER = 18.89x ; PBV = 1.16x (June 2008)

Shareholders Financial Year: December 31
PT Argo Manunggal Land Development 30.12% Public Accountant: Paul Hadiwinata, Hidajat, Arsono & Rekan
PT Tangerang Fajar Industrial Estate 17.41% ( member firm PKF International Association)

PT Manunggal Prima Development 15.56%

PT Selaras Citra Manunggal 12.37%
PT Bukit Asri Padang Golf 6.20%
Public 18.34%

676 Indonesian Capital Market Directory 2008

PT Alam Sutera Realty Tbk. Real Estate and Property

Board of Commissioners Board of Directors

President Commissioner Marzuki Usman President Director Tri Ramadi
Commissioners Pingki Elka Pangestu, Kristianto Sudiono, Directors Ir. Soelaemaan Soemawinata, Joseph Sanusi Tjong,
Harjanto Tirtohadiguno, Prasasto Sudyatmiko Ir. Lilia Setiprawarti Sukotjo, Takeshi Otsuka

Number of Employees 574

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 18-Dec-07 18-Dec-07 3,142,000,000 3,142,000,000

2 Company Listing 18-Dec-07 18-Aug-08 13,986,810,000 17,128,810,000

Underwriter
PT Ciptadana Securities
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price Shares Traded Trading Listed Market
Month High Low Close Volume Value Frequency Day Shares Capitalization
(Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)
January-07
February-07
March-07
April-07
May-07
June-07
July-07
August-07
September-07
October-07
November-07
December-07 210 140 200 1,025,691.00 190,882.00 6,131 5 17,128,810,000 3,425,762.00
January-08 245 195 205 3,085,586 677,694.00 11,614.00 20 17,128,810,000 3,511,406.00
February-08 235 205 210 1,428,085.00 312,995.00 6,171 19 17,128,810,000 3,597,050.00
March-08 205 129 165 227,707.00 41,884.00 2,685 18 17,128,810,000 2,826,254.00
April-08 168 110 114 226,382.00 28,368.00 4,508 22 17,128,810,000 1,952,684.00
May-08 137 113 125 261,943.00 33,197.00 7,037 20 17,128,810,000 2,141,101.00
June-08 126 97 119 1,760,934.00 197,756.00 7,997 21 17,128,810,000 2,038,328.00

Stock Price and Traded Chart

Stock Price (Rp) Million Shares
250 600

500
200

400
150
300
100
200

50
100

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Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08

Institute for Economic and Financial Research 677