ABDA AsuransiBinaDanaArtaTbk.

COMPANY REPORT : JANUARY 2016

As of 29 January 2016

Development Board
Industry Sector : Finance (8)
Industry Sub Sector : Insurance (84)

Individual Index
:
Listed Shares
:
Market Capitalization :

1,712.247
620,806,680
4,656,050,100,000

137 | 4.66T | 0.10% | 91.55%

325 | 0.03T | 0.002% | 99.90%

COMPANY HISTORY
Established Date
: 12-Oct-1982
Listing Date
: 06-Jul-1989
Under Writer IPO :
PT Indovest Securities
PT Merincorp
Securities Administration Bureau :
PT Ficomindo Buana Registrar
Mayapada Tower 10th Fl. Suite 02 B, Jln. Jend. Sudirman Kav. 28,

Karet - Setiabudi, Jakarta 12920

Phone : (021) 521-2316, 2317
Fax
: (021) 521-2320
BOARD OF COMMISSIONERS
1. Tjan Soen Eng
2. Herlani Sunardi
3. Murniaty Kartono
4. Ronni Widjaja
*) Independent Commissioners
BOARD OF DIRECTORS
1. Candra Gunawan
2. Dody Sjachroerodly
3. Eka Listiani Kartono
4. Jeni Wirjadinata
AUDIT COMMITTEE
1. Herlani Sunardi
2. Buntoro
3. Kuswandi Tamin
CORPORATE SECRETARY
Marianty N Santoso
HEAD OFFICE
Plaza ABDA 27th Fl.
Jln. Jend. Sudirman Kav. 59
Jakarta Selatan
Phone : (021) 5140-1688, ext. 1200, 570-8157, 570-8167
Fax
: (021) 514-01698, 514-01699, 570-8166, 570-8159
Homepage
Email

: www.abdainsurance.co.id
: marie@abdainsurance.co.id

SHAREHOLDERS (January 2016)

1. Barclays Bank Plc - Mapfre Internacional Sa
2. Coutts and Co. Ltd. Singapore
3. UBS Switzerland Ag-Ubs Ag-Diamond Millenium Ltd. -204958402
4. Barclays Bank Plc. Hong Kong-Wealth Management
5. Public (<5%)
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1990
1992
1993
1994
1995
1995
1996
1997
1998
1999
2002
2002
2003
2007
2008
2009
2011
2012
2013
2014
2015

Shares

Dividend
100.00
20.00
25.00
15.00

5:4
60.00
100.00
300.00
300.00
10.00
10 : 3
20.00
20.00
20.00
20.00
25.00
30.00
40.00
75.00
85.00
130.00

Cum Date
25-Jun-90
23-Jun-93
19-May-94
12-Jul-95
12-Jan-96
27-Jun-96
09-Jun-97
09-Mar-98
15-Jul-99
24-Jul-00
21-Jul-03
21-Jul-03
15-Jul-04
24-Jun-08
11-Jun-09
05-Jul-10
09-May-12
20-May-13
07-May-14
05-May-15
06-Apr-16

Ex Date
26-Jun-90
24-Jun-93
20-May-94
13-Jul-95
15-Jan-96
28-Jun-96
10-Jun-97
10-Mar-98
16-Jul-99
25-Jul-00
22-Jul-03
22-Jul-03
16-Jul-04
23-Jun-08
12-Jun-09
06-Jul-10
10-May-12
21-May-13
08-May-14
06-May-15
07-Apr-16

124,161,336
118,687,800
67,082,891
44,031,774
266,842,879

Recording
Date
30-Jun-90
01-Jul-93
30-May-94
22-Jul-95
23-Jan-96
08-Jul-96
18-Jun-97
18-Mar-98
26-Jul-99
02-Aug-00
24-Jul-03
24-Jul-03
20-Jul-04
26-Jun-08
16-Jun-09
08-Jul-10
14-May-12
23-May-13
12-May-14
08-May-15
11-Apr-16

:
:
:
:
:

20.00%
19.12%
10.81%
7.09%
42.98%

Payment
Date
04-Jul-90
02-Aug-93
30-Jun-94
22-Aug-95
22-Feb-96
06-Aug-96
16-Jul-97
30-Apr-98
23-Aug-99
16-Aug-00
07-Aug-03
07-Aug-03
02-Aug-04
10-Jul-08
30-Jun-09
22-Jul-10
30-May-12
07-Jun-13
28-May-14
29-May-15
29-Apr-16

F/I
F
F
F
B
F
F
I
F
F
B
F
F
F
F
F
F
F
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

Type of Listing
First Issue
Company Listing
Private Placement
Right Issue
Dividen Shares
Koperasi
Bonus Shares
Stock Split
Right Issue
Bonus Shares
Right Issue
Right Issue

Shares
900,000
4,500,000
200,000
3,240,000
886,000
100,000
7,860,800
17,686,800
70,747,200
31,836,240
137,957,040
344,892,600

Listing
Date
06-Jul-89
25-Aug-89
07-Aug-90
07-Aug-90
06-Oct-93
06-Oct-93
26-Feb-96
16-Dec-96
15-Jan-02
07-Aug-03
21-Dec-04
27-Apr-11

Trading
Date
06-Jul-89
25-Aug-89
07-Aug-90
07-Aug-90
06-Oct-93
00-Jan-00
26-Feb-96
16-Dec-96
06-Feb-02
07-Aug-03
21-Dec-04
27-Apr-11

ABDA AsuransiBinaDanaArtaTbk.
Closing
Price*

Volume
(Mill. Sh)

10,000

56.0

8,750

49.0

7,500

42.0

6,250

35.0

5,000

28.0

3,750

21.0

2,500

14.0

1,250

7.0

Jan-12

Jan-13

Jan-14

Jan-15

Jan-16

Closing Price*, Jakarta Composite Index (IHSG) and

Finance Index
January 2012 - January 2016
1,050%
913.5%

900%
750%
600%
450%
300%
150%

36.8%
18.1%

-150%

Jan 12

Jan 13

Jan 14

Jan 15

Jan 16

SHARES TRADED

2012

2013

2014

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

54
56
2
202

203
801
0.3
114

3
19
0.6
141

5
33
0.2
80

0.006
0.05
0.01
6

1,960
730
1,830
1,830

6,000
1,840
4,250
4,250

6,250
4,000
6,250
6,250

8,000
5,975
7,975
7,975

7,500
7,200
7,500
7,500

17.42
17.20
3.23

25.59
27.72
3.38

18.43
21.00
4.05

17.34
24.73
3.81

Price (Rupiah)
High
Low
Close
Close*

4.82
PER (X)
6.58
PER Industry (X)
1.83
PBV (X)
* Adjusted price after corporate action

2015 Jan-16

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Asuransi Bina Dana Arta Tbk.
January 2012 - January 2016

Month
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

High
770
800
800
1,060
1,350
1,350
1,400
1,960
1,720
1,660
1,800
1,920

Low
730
740
780
780
1,090
1,010
1,250
1,390
1,620
1,400
1,600
1,740

Close
770
780
800
1,030
1,110
1,350
1,390
1,720
1,670
1,500
1,730
1,830

(X)
158
174
36
169
300
105
82
304
57
70
91
63

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

2,350
3,250
2,800
3,300
3,600
5,000
6,000
3,750
4,500
4,250

1,840
2,325
2,150
2,750
3,100
3,400
3,400
3,500
3,750
4,250

2,350
2,450
2,750
3,150
3,500
5,000
3,550
3,750
4,500
4,500
4,500
4,250

46
43
45
41
42
41
16
20
6
13
7
12

545
342
679
106
63
83
11
496
8,031
149,306
35,949
7,376

1,141
858
1,624
308
206
292
46
1,835
28,118
603,035
138,111
25,836

15
16
16
16
13
12
6
6
4
4
4
2

Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14

4,000
4,525
5,675
5,800
5,600
5,500
5,500
5,725
5,925
5,900
6,075
6,250

4,000
4,000
4,005
4,800
4,750
5,000
5,000
4,500
5,025
4,900
5,900
6,100

4,000
4,525
5,300
5,225
5,050
5,000
5,500
5,700
5,250
5,875
6,075
6,250

27
43
100
58
51
5
47
65
71
60
34
63

71
232
120
658
104
9
571
133
100
13
216
1,093

285
1,013
559
3,717
551
43
3,116
732
584
73
1,302
6,796

10
13
18
14
15
5
13
16
14
6
8
9

Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15

6,550
6,650
6,825
7,125
7,425
7,750
7,750
7,850
7,000
7,100
7,500
8,000

6,225
6,525
6,200
6,850
7,100
5,975
7,725
7,000
7,000
7,050
7,075
7,500

6,550
6,650
6,825
7,125
7,425
7,750
7,725
7,500
7,000
7,075
7,500
7,975

36
34
32
21
5
11
22
12
5
4
3
6

375
802
202
53
5
13
3
2
1
0.7
0.3
3,466

2,354
5,300
1,321
369
38
98
19
16
7
5
2
23,570

13
13
13
9
4
7
3
6
3
2
3
4

Jan-16

7,500

7,200

7,500

11

47

(Thou. Sh.) (Million Rp)

5,005
3,676
3,210
2,497
205
164
2,826
2,419
3,511
4,135
30,795
28,498
950
1,274
1,552
2,534
1,687
2,863
2,029
3,213
1,297
2,218
2,322
1,297

20
20
9
18
19
17
15
19
15
19
15
16

ABDA AsuransiBinaDanaArtaTbk.
Financial Data and Ratios

Public Accountant : Paul Hadiwinata, Hidajat, Arsono, Achmad, Suharli & Rekan (Member of PKF International Ltd)
Dec-11

Dec-12

Dec-13

Dec-14

Dec-15

939,123

1,236,473

855,558

8,514

9,804

Cash on hand and in Banks

27,281

22,689

798,030

1,034,077

1,071,101

Premium Receivables

67,034

98,043

145,999

218,968

357,059

Reinsurance Receivables

4,015

4,315

4,384

6,585

5,228

Other Receivable

5,724

40,915

4,384

5,932

11,884

Fixed Assets

51,666

64,227

72,588

97,679

97,524

Other Assets

1,604

2,319

1,938

1,863

1,774

1,106,155

1,796,430

2,153,350

2,681,038

2,846,760

62.40%

19.87%

24.51%

6.18%

17,740

21,920

23,790

23,707

BALANCE SHEET

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Total Investment

Total Assets

Assets

Growth (%)
16,192

Reinsurance payables

5,785

4,152

3,240

5,804

5,242

Taxes payable

6,394

6,516

9,401

3,979

5,215

701,529

1,174,970

1,337,037

1,461,378

1,625,206

67.49%

13.79%

9.30%

11.21%

Total Liabilities

Growth (%)

Liabilities

3,000
2,400
1,800
1,200
600
-

Claims payable

Book End : December

2011

2012

2013

2014

Dec-15

TOTAL EQUITY (Bill. Rp)

1,220

1,222

2014

Dec-15

1,220

Authorized Capital

338,172

338,172

338,172

338,172

338,172

Paid up Capital

193,317

193,317

193,317

193,317

193,317

621

621

621

621

621

Paid up Capital (Shares)

Par Value

500 & 300

500 & 300

500 & 300

500 & 300

500 & 300

178,764

278,829

405,472

531,159

742,818

Total Equity

404,626

621,459

816,313

1,219,660

1,222,401

53.59%

31.35%

49.41%

0.22%

INCOME STATEMENTS

Dec-11

Dec-12

Dec-13

Dec-14

Dec-15

Underwriting Revenues

537,426

651,927

1,648,271

1,027,048

1,116,187

21.31%

152.83%

-37.69%

8.68%

Growth (%)
Underwriting Expenses

411,100

416,764

180,122

648,818

691,388

Underwriting Income

126,325

235,163

1,468,148

378,231

424,799

54,304

69,331

180,122

145,618

256,558

Operating Expenses

91,338

129,915

343,580

408,547

Income from Operating

89,291

278,976

Income from Investments

Growth (%)
6,001

1,468,148

Income before Tax

98,640

135,976

-511

188,679

278,976

Tax

11,018

17,287

16,437

10,411

Profit for the period

87,622

118,689

1,468,659

172,242

268,565

35.46% 1,137.40%

-88.27%

55.92%

Growth (%)
Period Attributable
Comprehensive Income
Comprehensive Attributable

621

473

405

224

-24

2011

2012

2013

UNDERWRITING REVENUES (Bill. Rp)

1,648
1,648

1,312

1,027

1,116

976

9,349

Others Income

816
722

Retained Earnings

Growth (%)

971

114,983

172,247

268,562

116,758

235,458

1,554,842

449,857

58,690

449,862

58,688

640

652

537

303

-33

2011

2012

2013

2014

Dec-15

PROFIT FOR THE PERIOD (Bill. Rp)

1,469
1,469

RATIOS
Dividend (Rp)

Dec-11

Dec-12

Dec-13

Dec-14

Dec-15

30.00

40.00

75.00

85.00

130.00

185.22

277.46

432.60

BV (Rp)

651.77

1,001.05

1,314.92

1,964.64

1,969.05

DAR (X)

0.63

0.65

0.62

0.55

0.57

DER(X)

1.73

1.89

1.64

1.20

1.33

ROA (%)

7.92

6.61

68.20

6.42

9.43

ROE (%)

21.66

19.10

179.91

14.12

21.97

OPM (%)

16.61

24.99

NPM (%)

16.30

18.21

89.10

16.77

24.06

40.49

30.64

30.05

3.90

2.19

1.76

1.36

1.63

EPS (Rp)

Payout Ratio (%)

Yield (%)

1,169

869

570

270

88

119

2011

2012

172

269

-29

2013

2014

Dec-15