ABDA Asuransi Bina Dana Arta Tbk.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018

Development Board Individual Index : 438.021
Industry Sector : Finance (8) Listed Shares : 620,806,680
Industry Sub Sector : Insurance (84) Market Capitalization : 4,593,969,432,000
181 | 4.59T | 0.06% | 93.86%

134 | 1.98T | 0.11% | 93.05%

COMPANY HISTORY SHAREHOLDERS (January 2018)

Established Date : 12-Oct-1982 1. Bank Of Singapore Ltd A/C Mapfre Internacional Sa-2048834006 386,928,493 : 62.33%
Listing Date : 06-Jul-1989 2. Public (<5%) 233,878,187 : 37.67%
Underwriter IPO :
PT Indovest Securities DIVIDEND ANNOUNCEMENT
PT Merincorp Bonus Cash Recording Payment
F/I
Securities Administration Bureau : Year Shares Dividend Cum Date Ex Date Date Date
PT Raya Saham Registra 1990 100.00 25-Jun-90 26-Jun-90 30-Jun-90 04-Jul-90
Plaza Central Building 2nd Fl. 1992 20.00 23-Jun-93 24-Jun-93 01-Jul-93 02-Aug-93 F
Jln. Jend. Sudirman Kav. 47-48, Jakarta 12930 1993 25.00 19-May-94 20-May-94 30-May-94 30-Jun-94 F
Phone : (021) 252-5666 1994 15.00 12-Jul-95 13-Jul-95 22-Jul-95 22-Aug-95 F
Fax : (021) 252-5028 1995 5:4 12-Jan-96 15-Jan-96 23-Jan-96 22-Feb-96 B
1995 60.00 27-Jun-96 28-Jun-96 08-Jul-96 06-Aug-96 F
BOARD OF COMMISSIONERS 1996 100.00 09-Jun-97 10-Jun-97 18-Jun-97 16-Jul-97 F
1. Tjan Soen Eng 1997 300.00 09-Mar-98 10-Mar-98 18-Mar-98 30-Apr-98 I
2. Herlani Sunardi *) 1998 300.00 15-Jul-99 16-Jul-99 26-Jul-99 23-Aug-99 F
3. Murniaty Kartono 1999 10.00 24-Jul-00 25-Jul-00 02-Aug-00 16-Aug-00 F
4. Ronni Widjaja *) 2002 10 : 3 21-Jul-03 22-Jul-03 24-Jul-03 07-Aug-03 B
*) Independent Commissioners 2002 20.00 21-Jul-03 22-Jul-03 24-Jul-03 07-Aug-03 F
2003 20.00 15-Jul-04 16-Jul-04 20-Jul-04 02-Aug-04 F
BOARD OF DIRECTORS 2007 20.00 24-Jun-08 23-Jun-08 26-Jun-08 10-Jul-08 F
1. Candra Gunawan 2008 20.00 11-Jun-09 12-Jun-09 16-Jun-09 30-Jun-09 F
2. Dody Sjachroerodly 2009 25.00 05-Jul-10 06-Jul-10 08-Jul-10 22-Jul-10 F
3. Eka Listiani Kartono 2011 30.00 09-May-12 10-May-12 14-May-12 30-May-12 F
4. Jeni Wirjadinata 2012 40.00 20-May-13 21-May-13 23-May-13 07-Jun-13 F
2013 75.00 07-May-14 08-May-14 12-May-14 28-May-14 F
AUDIT COMMITTEE 2014 85.00 05-May-15 06-May-15 08-May-15 29-May-15 F
1. Herlani Sunardi 2015 130.00 06-Apr-16 07-Apr-16 11-Apr-16 29-Apr-16 F
2. Buntoro 2016 90.00 20-Jun-17 21-Jun-17 03-Jul-17 14-Jul-17 F
3. Kusuwandi Tamin
ISSUED HISTORY
CORPORATE SECRETARY Listing Trading
Marianty N Santoso No. Type of Listing Shares Date Date
1. First Issue 900,000 06-Jul-89 06-Jul-89
HEAD OFFICE 2. Company Listing 4,500,000 25-Aug-89 25-Aug-89
Plaza ABDA fl. 27 3. Private Placement 200,000 07-Aug-90 07-Aug-90
Jl. Jend. Sudirman Kav. 59 4. Right Issue 3,240,000 07-Aug-90 07-Aug-90
Jakarta Selatan 12190 5. Dividen Shares 886,000 06-Oct-93 06-Oct-93
Phone : (021) 514-01688 6. Koperasi 100,000 06-Oct-93 00-Jan-00
Fax : (021) 514-01698; 514-01699; 570-8166; 570-8159 7. Bonus Shares 7,860,800 26-Feb-96 26-Feb-96
8. Stock Split 17,686,800 16-Dec-96 16-Dec-96
Homepage : www.abdainsurance.co.id 9. Right Issue 70,747,200 15-Jan-02 06-Feb-02
Email : [email protected] 10. Bonus Shares 31,836,240 07-Aug-03 07-Aug-03
11. Right Issue 137,957,040 21-Dec-04 21-Dec-04
12. Right Issue 344,892,600 27-Apr-11 27-Apr-11
 ABDA Asuransi Bina Dana Arta Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Asuransi Bina Dana Arta Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2014 - January 2018 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
10,000 240 Jan-14 4,000 4,000 4,000 27 71 285 10
Feb-14 4,525 4,000 4,525 43 232 1,013 13
8,750 210 Mar-14 5,675 4,005 5,300 100 120 559 18
Apr-14 5,800 4,800 5,225 58 658 3,717 14
May-14 5,600 4,750 5,050 51 104 551 15
7,500 180
Jun-14 5,500 5,000 5,000 5 9 43 5
Jul-14 5,500 5,000 5,500 47 571 3,116 13
6,250 150
Aug-14 5,725 4,500 5,700 65 133 732 16
Sep-14 5,925 5,025 5,250 71 100 584 14
5,000 120
Oct-14 5,900 4,900 5,875 60 13 73 6
Nov-14 6,075 5,900 6,075 34 216 1,302 8
3,750 90 Dec-14 6,250 6,100 6,250 63 1,093 6,796 9

2,500 60 Jan-15 6,550 6,225 6,550 36 375 2,354 13

Feb-15 6,650 6,525 6,650 34 802 5,300 13
1,250 30 Mar-15 6,825 6,200 6,825 32 202 1,321 13
Apr-15 7,125 6,850 7,125 21 53 369 9
May-15 7,425 7,100 7,425 5 5 38 4
Jun-15 7,750 5,975 7,750 11 13 98 7
Jan-14 Jan-15 Jan-16 Jan-17 Jan-18
Jul-15 7,750 7,725 7,725 22 3 19 3
Aug-15 7,850 7,000 7,500 12 2 16 6
Sep-15 7,000 7,000 7,000 5 1 7 3
Closing Price*, Jakarta Composite Index (IHSG) and Oct-15 7,100 7,050 7,075 4 0.7 5 2
Finance Index Nov-15 7,500 7,075 7,500 3 0.3 2 3
January 2014 - January 2018 Dec-15 8,000 7,500 7,975 6 3,466 23,570 4
140%
Jan-16 7,500 7,200 7,500 11 6 47 6
120% Feb-16 7,500 7,050 7,200 10 1 7 4
114.8%
Mar-16 8,000 6,050 8,000 60 70 510 13
100% Apr-16 8,500 7,425 8,000 31 9 69 7
May-16 7,750 7,500 7,500 2 0.5 4 2
80% Jun-16 7,200 6,775 7,200 3 0.3 2 3
74.1% Jul-16 7,150 6,500 6,500 12 6 44 5
Aug-16 6,500 6,250 6,250 11 2 13 5
60%
52.7% Sep-16 6,550 6,200 6,550 17 43 247 9
Oct-16 7,500 6,650 7,400 8 1 8 7
40%
Nov-16 7,500 7,000 7,000 6 4 28 5
Dec-16 6,900 6,900 6,900 3 7,172 28,706 3
20%

Jan-17 7,000 6,900 7,000 2 0.2 1 2

- Feb-17 6,800 6,800 6,800 3 3 18 3
Mar-17 6,900 6,900 6,900 1 0.3 2 1
-20% Apr-17 6,900 6,900 6,900 2 4 28 2
Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 May-17 6,500 6,000 6,000 5 3 19 3
Jun-17 6,850 6,000 6,800 78 221,993 1,487,596 10
Jul-17 7,350 6,800 7,350 15 22 154 8
SHARES TRADED 2014 2015 2016 2017 Jan-18 Aug-17 7,400 6,700 6,900 35 21 145 11
Volume (Million Sh.) 3 5 7 292 0.003 Sep-17 - - 6,900 2 70,317 496,157 2
Value (Billion Rp) 19 33 30 1,984 0.02 Oct-17 6,650 6,650 6,650 2 0.1 0.7 2
Frequency (Thou. X) 0.6 0.2 0.2 0.2 0.006 Nov-17 7,000 7,000 7,000 2 2 14 2
Days 141 80 69 48 3 Dec-17 7,250 7,000 7,250 3 3 23 2

Price (Rupiah) Jan-18 7,400 7,000 7,400 6 3 18 3

High 6,250 8,000 8,500 7,400 7,400
Low 4,000 5,975 6,050 6,000 7,000
Close 6,250 7,975 6,900 7,250 7,400
Close* 6,250 7,975 6,900 7,250 7,400

PER (X) 25.59 18.43 24.39 25.87 26.40

PER Industry (X) 27.72 25.09 20.71 19.10 21.18
PBV (X) 3.38 4.05 3.45 3.37 3.44
* Adjusted price after corporate action
 ABDA Asuransi Bina Dana Arta Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Paul Hadiwinata, Hidajat, Arsono, Achmad, Suharli & Partners (Member of PKF International Ltd)

BALANCE SHEET Dec-13 Dec-14 Dec-15 Dec-16 Sep-17 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Total Investment 855,558 8,514 9,804 9,325 9,520 3,000

Cash on hand and in Banks 798,030 1,034,077 1,071,101 862,527 1,023,332

Premium Receivables 145,999 218,968 357,059 256,001 177,195 2,400

Reinsurance Receivables 4,384 6,585 5,228 4,211 1,796

1,800
Other Receivable 4,384 5,932 11,884 6,625 27,732
Fixed Assets 72,588 97,679 97,524 93,149 87,249
1,200
Other Assets 1,938 1,863 1,774 15,997 11,482
Total Assets 2,153,350 2,681,038 2,846,760 2,813,839 2,907,635 600
Growth (%) 24.51% 6.18% -1.16% 3.33%
-
Claims payable 21,920 23,790 23,707 23,456 31,024 2013 2014 2015 2016 Sep-17

Reinsurance payables 3,240 5,804 5,242 5,391 4,882

Taxes payable 9,401 3,979 5,215 11,289 12,525
Total Liabilities 1,337,037 1,461,378 1,625,206 1,582,165 1,570,934 TOTAL EQUITY (Bill. Rp)
Growth (%) 9.30% 11.21% -2.65% -0.71% 1,337
1,337

1,220 1,222 1,232

Authorized Capital 338,172 338,172 338,172 1,104 1,104
Paid up Capital 193,317 193,317 193,317 193,317 193,317
1,064

816
Paid up Capital (Shares) 621 621 621 1,104 1,104
500 & 300 500 & 300 500 & 300 500 & 300 500 & 300
791

Par Value
Retained Earnings 405,472 531,159 742,818 836,422 911,046 519

Total Equity 816,313 1,219,660 1,222,401 1,232,197 1,336,701

Growth (%) 49.41% 0.22% 0.80% 8.48% 246

INCOME STATEMENTS Dec-13 Dec-14 Dec-15 Dec-16 Sep-17

-27

2013 2014 2015 2016 Sep-17

Underwriting Revenues 1,648,271 1,027,048 1,116,187 1,201,828 862,649
Growth (%) -37.69% 8.68% 7.67%

Underwriting Expenses 180,122 648,818 691,388 216,099 638,020 UNDERWRITING REVENUES (Bill. Rp)
Underwriting Income 1,468,148 378,231 424,799 985,729 224,629
1,648
Income from Investments 180,122 145,618 256,558 114,544 98,080 1,648

Operating Expenses - 343,580 408,547 904,775 177,467

Income from Operating - - 278,976 197,206 - 1,312

1,116
1,202
1,027
Growth (%) -29.31%
976 863

Others Income 1,468,148 - - - - 640

Income before Tax -511 188,679 278,976 197,206 141,131

Tax - 16,437 10,411 23,724 10,631 303

Profit for the period 1,468,659 172,242 268,565 173,482 130,500

Growth (%) -88.27% 55.92% -35.40% -33

2013 2014 2015 2016 Sep-17

Period Attributable 114,983 172,247 268,562 173,478 130,496

Comprehensive Income 1,554,842 449,857 58,690 90,501 160,377
PROFIT FOR THE PERIOD (Bill. Rp)
Comprehensive Attributable - 449,862 58,688 90,498 160,374
1,469

RATIOS Dec-13 Dec-14 Dec-15 Dec-16 Sep-17

1,469

Dividend (Rp) 75.00 85.00 130.00 90.00 - 1,169

EPS (Rp) 185.22 277.46 432.60 157.19 118.24

BV (Rp) 1,314.92 1,964.64 1,969.05 1,116.47 1,211.16 869

DAR (X) 0.62 0.55 0.57 0.56 0.54

DER(X) 1.64 1.20 1.33 1.28 1.18 570

ROA (%) 68.20 6.42 9.43 6.17 4.49 269

172 173
ROE (%) 179.91 14.12 21.97 14.08 9.76 130
270

OPM (%) - - 24.99 16.41 - -29

NPM (%) 89.10 16.77 24.06 14.43 15.13 2013 2014 2015 2016 Sep-17
Payout Ratio (%) 40.49 30.64 30.05 57.26 -
Yield (%) 1.76 1.36 1.63 1.30 -