Page 20 - ar2013

FINANCIAL HIGHLIGHTS
In Rupiah billion In SGD million*
2011 Actual
(Restated)
2012 Actual
(Restated)
2013 Actual 2011 Actual
(Restated)
2012 Actual
(Restated)
2013 Actual
Net Sales 12,605 13,845 13,280 1,501 1,649 1,582
Gross Profit 4,601 4,187 3,204 548 499 381
Gain/(Loss) Arising from Changes in
Fair Values of Biological Assets 425 56 62 51 7 7
Operating Income 3,777 2,731 1,692 450 325 202
Net Profit 2,641 1,835 921 314 219 110
Net Profit to Equity Holders 1,490 1,058 523 177 126 62
EPS (in Rupiah)/(in SGD ’cents) 1,031 736 366 12.3 8.8 4.4
Current Assets 9,437 8,318 6,938 980 864 721
Fixed Assets 18,860 21,047 23,674 1,959 2,186 2,459
Other Assets 4,910 5,446 7,093 510 566 737
Total Assets 33,207 34,811 37,705 3,449 3,616 3,916
Current Liabilities 4,792 4,609 6,504 498 479 676
Non-Current Liabilities 7,203 7,684 8,367 748 798 869
Total Liabilities 11,995 12,393 14,872 1,246 1,287 1,545
Shareholders' Equity 12,698 13,626 13,996 1,319 1,415 1,454
Total Equity 21,212 22,518 22,833 2,203 2,339 2,372
Net Working Capital 4,645 3,709 434 482 385 45
In Percentage (%)
Sales Growth 32.9% 9.8% (4.1%)
Gross Profit Margin 36.5% 30.2% 24.1%
Operating Profit Margin 30.0% 19.7% 12.7%
Net Profit Margin 21.0% 13.3% 6.9%
Net Profit to Equity Holders Margin 11.8% 7.6% 3.9%
Return on Assets1 11.4% 7.8% 4.5%
Return on Equity2 11.7% 7.8% 3.7%
Current Ratio (times) 2.0 1.8 1.1
Net Debt to Equity Ratio (times)3 0.03 0.08 0.22
Total Debt to Total Assets Ratio (times) 0.22 0.19 0.23
1 Profit from operations divided by total assets
2 Net profit to equity holders divided by shareholders’ equity
3 Net debt divided by total equity
* For ease of reference, 2011 to 2013 Income Statement and Balance Sheet items are converted at exchange rates of Rp8,397/S$1 and Rp9,628/S$1, respectively.
16 INDOFOOD AGRI RESOURCES LTD • ANNUAL REPORT 2013