16
INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2014
FINANCIAL
HIGHLIGHTS
In Rupiah billion
In SGD million *
2012 Actual
(Restated)
2013 Actual 2014 Actual 2012 Actual
(Restated)
2013 Actual 2014 Actual
Net Sales
13,845 13,280
14,963
1,478
1,417
1,597
Gross Profit
4,187
3,204
4,368
447
342
466
Gain/(Loss) Arising from Changes in
Fair Values of Biological Assets
56
62
60
6
7
6
Operating Income
2,731
1,692
2,536
291
181
271
Net Profit
1,835
921
1,328
196
98
142
Attributable Profit to Equity Holders
1,058
523
759
113
56
81
EPS (in Rupiah)/(in SGD ’cents)
736
366
535
7.9
3.9
5.7
Current Assets
8,318
6,938
6,812
883
736
723
Fixed Assets
21,047 23,674
26,087
2,234
2,513
2,769
Other Assets
5,446
7,093
7,255
578
753
770
Total Assets
34,811 37,705
40,155
3,695
4,002
4,262
Current Liabilities
4,609
6,504
6,951
489
690
738
Non-Current Liabilities
7,684
8,367
9,486
816
888
1,007
Total Liabilities
12,293 14,872
16,437
1,305
1,578
1,745
Shareholders' Equity
13,626 13,996
14,629
1,446
1,486
1,553
Total Equity
22,518 22,833
23,717
2,390
2,423
2,517
In Percentage (%)
Sales Growth
9.8% (4.1%)
12.7%
Gross Profit Margin
30.2% 24.1% 29.2%
Operating Profit Margin
19.7% 12.7% 17.0%
Net Profit Margin
13.3% 6.9% 8.9%
Attributable Profit to Equity Holders Margin
7.6% 3.9% 5.1%
Return on Assets
1
7.8% 4.5% 6.3%
Return on Equity
2
7.8% 3.7% 5.2%
Current Ratio (times)
1.8
1.1
1.0
Net Debt to Equity Ratio (times)
3
0.08
0.22
0.26
Total Debt to Total Assets Ratio (times)
0.19
0.23
0.24
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, 2012 to 2014 Income Statement and Balance Sheet items are converted at exchange rates of Rp9,370/S$1 and Rp9,422/S$1, respectively.
