BIPI Benakat Petroleum Energy Tbk.

COMPANY REPORT : JANUARY 2014 As of 30 January 2014

Development Board Individual Index : 76.429
Industry Sector : Mining (2) Listed Shares : 36,508,170,014
Industry Sub Sector : Crude Petroleum & Natural Gas Production (22) Market Capitalization : 3,906,374,191,498
144 | 3.91T | 0.09% | 92.40%

97 | 2.17T | 0.20% | 91.11%

COMPANY HISTORY SHAREHOLDERS (January 2014)

Established Date : 19-Apr-2007 1. PT Indotambang Perkasa 8,831,343,951 : 24.19%
Listing Date : 11-Feb-2010 2. Interventures Capital Pte. Ltd. 5,929,127,500 : 16.24%
Under Writer IPO : 3. Public (<5%) 21,747,698,563 : 59.57%
PT Danatama Makmur
Securities Administration Bureau : DIVIDEND ANNOUNCEMENT
PT Ficomindo Buana Registrar Bonus Cash Recording Payment
F/I
Mayapada Tower 10th Fl. Suite 02 B Year Shares Dividend Cum Date Ex Date Date Date
Jln. Jend. Sudirman Kav. 28 Jakarta 12920 -
Phone : (021) 521-2316, 521-2317
Fax : (021) 521-2320 ISSUED HISTORY
Listing Trading
BOARD OF COMMISSIONERS No. Type of Listing Shares Date Date
1. Omar Putihrai 1. First Issue 11,500,000,000 11-Feb-10 11-Feb-10
2. Muhammad Suluhuddin Noor 2. Company Listing 18,575,744,000 T: 11-Feb-10 : 30-Sep-10
3. Kanaka Puradiredja *) 3. Warrant I 6,432,426,014 T: 28-Dec-10 : 14-Feb-13
4. Richardo Gelael *)
*) Independent Commissioners

BOARD OF DIRECTORS
1. Wibowo Suseno Wirjawan
2. Adhi Utomo Jusman
3. Andreas Kastono Ahadi
4. Michael Wong

AUDIT COMMITTEE
1. Paulus Suwarno
2. Hariadi Hasyim
3. Mursalman Ahadi

CORPORATE SECRETARY
Remanja Dyah Intansuri

HEAD OFFICE
Menara Anugrah Lt. 12, Kantor Taman E.3.3
Jln. DR Ide Anak Agung Gde Agung Lot. 8.6 - 8.7
Jakarta Selatan - 12950
Phone : (021) 576-4661
Fax : (021) 576-4664

Homepage : www.benakat.co.id
Email : corsec@benakat.co.id
dina.andini@benakat.co.id
 BIPI Benakat Petroleum Energy Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Benakat Petroleum Energy Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* February 2010 - January 2014 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
280 1,600 Feb-10 235 170 205 22,684 2,642,734 546,098 11
Mar-10 275 199 255 33,806 3,964,557 988,403 22
245 1,400 Apr-10 270 220 225 22,668 2,904,052 732,729 21
May-10 225 130 171 18,707 1,450,901 269,989 19
Jun-10 174 139 144 17,795 2,640,011 494,851 22
210 1,200
Jul-10 150 99 100 28,099 2,282,658 292,359 22
Aug-10 128 98 103 20,584 1,699,000 195,173 21
175 1,000
Sep-10 124 101 109 12,537 1,298,187 154,857 17
Oct-10 118 106 107 8,610 912,375 105,376 21
140 800
Nov-10 109 99 100 7,408 547,314 56,912 21
Dec-10 109 100 102 7,973 409,455 42,401 20
105 600
Jan-11 107 97 98 4,876 308,184 30,922 21
70 400 Feb-11 99 84 90 3,556 393,108 47,488 18
Mar-11 93 84 86 5,134 411,533 41,653 23
35 200 Apr-11 148 84 138 18,414 1,198,318 137,978 20
May-11 147 117 128 11,567 1,294,929 170,766 21
Jun-11 132 104 109 7,609 726,566 85,519 20
Jul-11 112 99 101 8,716 524,903 55,159 21
Feb-10 Feb-11 Feb-12 Feb-13
Aug-11 105 80 98 8,362 869,814 82,989 19
Sep-11 105 81 95 4,941 574,940 55,290 20
Oct-11 100 83 97 4,910 452,873 42,892 21
Closing Price*, Jakarta Composite Index (IHSG) and Nov-11 184 89 170 28,575 2,149,130 317,488 22
Mining Index Dec-11 215 167 205 29,547 2,506,288 467,721 21
February 2010 - January 2014
125% Jan-12 245 198 240 22,133 1,610,946 355,928 21
Feb-12 245 210 215 14,108 1,900,491 431,859 21
100% Mar-12 215 199 200 5,557 353,404 74,666 21
Apr-12 210 195 199 15,065 813,739 164,220 20
75% 76.2% May-12 215 185 198 10,750 1,300,603 300,684 21
Jun-12 200 181 183 8,785 437,638 83,606 21
50% Jul-12 205 178 199 10,994 599,018 116,052 22
Aug-12 199 173 182 2,022 411,696 80,677 19
Sep-12 187 177 184 2,139 429,326 76,260 20
25%
Oct-12 186 174 178 3,637 602,394 108,425 22
Nov-12 250 176 225 14,573 1,202,374 261,784 20
-
Dec-12 235 195 196 8,929 6,437,980 1,387,593 18

-25% Jan-13 200 147 155 27,022 2,140,189 365,990 21

-36.5% Feb-13 165 149 154 25,707 2,335,698 363,721 20
-44.0%
-50% Mar-13 195 152 180 39,279 5,176,973 905,664 19
Apr-13 187 161 165 18,519 1,163,708 203,887 22
-75% May-13 168 148 159 15,165 889,034 141,013 22
Feb 10 Feb 11 Feb 12 Feb 13 Jun-13 165 112 134 14,636 889,194 110,717 19
Jul-13 141 118 126 11,280 820,013 112,718 23
Aug-13 143 102 120 19,646 1,600,142 196,233 17
SHARES TRADED 2010 2011 2012 2013 Jan-14 Sep-13 133 115 121 15,499 2,578,355 320,950 21
Volume (Million Sh.) 20,751 11,411 16,100 24,013 1,039 Oct-13 137 110 119 27,930 2,620,291 318,943 21
Value (Billion Rp) 3,879 1,536 3,442 3,463 121 Nov-13 123 105 109 10,854 1,609,746 178,582 20
Frequency (Thou. X) 201 136 119 236 8 Dec-13 118 107 111 10,232 2,189,535 244,154 19
Days 217 247 246 244 20
Jan-14 121 107 107 8,267 1,038,543 121,145 20
Price (Rupiah)
High 275 215 250 200 121
Low 98 80 173 102 107
Close 102 205 196 111 107
Close* 102 205 196 111 107

PER (X) -31.83 -30.21 -47.84 11.15 10.75

PER Industry (X) 17.69 16.17 8.49 19.30 20.66
PBV (X) 0.92 1.97 1.85 0.65 0.63
* Adjusted price after corporate action
 BIPI Benakat Petroleum Energy Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Tanubrata Sutanto Fahmi & Rekan (Member of BDO International Limited)

BALANCE SHEET Dec-09 Dec-10 Dec-11 Dec-12 Sep-13 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 45,003 63,214 172,261 69,984 2,509,518 18,750

Receivables 58,949 160,988 73,278 147,047 538,453

- 24,902 43,026 57,525 50,205 15,000
Inventories
Current Assets 115,144 1,847,685 545,710 1,318,276 3,558,337
11,250
Fixed Assets 9,483 5,416 571 835 5,754,018
Other Assets 82,449 168,804 52,548 45,618 46,459
7,500
Total Assets 1,978,940 4,697,480 3,720,373 4,479,157 18,540,303
Growth (%) 137.37% -20.80% 20.40% 313.92% 3,750

Current Liabilities 34,316 1,138,475 499,265 629,471 5,706,301 -

Long Term Liabilities 28,228 185,044 98,835 125,970 6,623,040 2009 2010 2011 2012 Sep-13
Total Liabilities 62,544 1,323,518 598,100 755,441 12,329,341
Growth (%) 2,016.13% -54.81% 26.31% 1,532.07%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 7,200,000 7,200,000 7,200,000 7,200,000 7,200,000 6,211
Paid up Capital 1,857,574 3,007,574 3,007,574 3,521,852 3,650,817 6,211

Paid up Capital (Shares) 19 30,076 30,076 35,219 36,508

Par Value 100,000 100 100 100 100
4,944

3,724
Retained Earnings -3,366 -99,745 -161,064 -152,346 120,174 3,326
3,677
3,122
Total Equity 1,867,785 3,326,293 3,122,273 3,723,716 6,210,962
Growth (%) 78.09% -6.13% 19.26% 66.79% 2,410
1,868

INCOME STATEMENTS Dec-09 Dec-10 Dec-11 Dec-12 Sep-13 1,143

Total Revenues 158,192 231,902 340,033 357,108 1,493,465

Growth (%) 46.59% 46.63% 5.02%
-124

2009 2010 2011 2012 Sep-13

Cost of Revenues 110,026 157,038 221,703 231,891 252,627

Gross Profit 48,167 74,864 118,331 125,217 1,240,838
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 48,931 105,202 93,560 116,301 522,653
Operating Profit -765 -30,338 24,771 - - 1,493

Growth (%) -3,867.13% N/A -100.00%

1,493

1,189

Other Income (Expenses) 24,942 -54,342 -118,792 - -

Income before Tax 24,177 -84,680 -94,021 8,916 718,185 884

Tax 16,880 9,527 -32,589 244 199,121

Profit for the period 7,297 -94,207 -61,432 8,672 519,064
579

340 357
Growth (%) N/A 34.79% N/A 232
275
158

Period Attributable - - - 8,718 272,520 -30

Comprehensive Income 6,929 -96,379 -204,088 -144,259 857,738 2009 2010 2011 2012 Sep-13
Comprehensive Attributable - - - -144,213 611,194

RATIOS Dec-09 Dec-10 Dec-11 Dec-12 Sep-13 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 335.54 162.29 109.30 209.43 62.36
519
Dividend (Rp) - - - - - 519

EPS (Rp) - - - 0.25 7.46

BV (Rp) 100,549.70 110.60 103.81 105.73 170.13 396

DAR (X) 0.03 0.28 0.16 0.17 0.67

0.03 0.40 0.19 0.20 1.99
274

DER(X)
ROA (%) 0.37 -2.01 -1.65 0.19 2.80 151

ROE (%) 0.39 -2.83 -1.97 0.23 8.36

7.3 2010 2011 8.7
GPM (%) 30.45 32.28 34.80 35.06 83.08 28

OPM (%) -0.48 -13.08 7.28 - -

2009 2012 Sep-13
NPM (%) 4.61 -40.62 -18.07 2.43 34.76
-94

-61
-94
Payout Ratio (%) - -
Yield (%) - - - - -