Other information of PT. Krakatau Steel Tbk.

Subsidiary companies :

 Name of company :                                                       % Own              Place, Year                 Main business 
____________________________________________________________________________

A. PT. Krakatau Wajatama ( KWT )                               99,99        Jakarta, 1992             Steel bar manufacturing
B. PT. Krakatau Daya Listrik ( KDL )                             99,99        Cilegon city, 1996     Distributor & electricity prod.
C. PT. Krakatau Hoogovens International Pipe
     Industries Ltd. ( PT. KHI Pipe Industries )             98,50        Jakarta, 1972             Steel pipe manufacturing
D. PT. Krakatau Industrial Estate Cilegon (KIEC)    99,99        Jakarta, 1882             Management industry estate 
E. PT. Krakatau Engineering ( KE )                                 99,99         Jakarta, 1988             Building const industry
F. PT. Krakatau Bandar Samudera ( KBS )                   99,99        Cilegon city, 1996      Harbor services
G. PT. Krakatau Tirta Industri ( KTI )                           99,99        Cilegon city, 1996     Water distributor
H. PT. Krakatau Medika ( KM )                                         28,17        Cilegon city, 1996      Health services
I. PT. Krakatau Information Technology ( KIT )      17,18         Jakarta, 1993             Information Technology services
J. PT. Meratus Jaya Iron and Steel ( MJIS )                66,00         Jakarta, 2008            Sponge iron manufacturing
+ /+ PT. Krakatau POSCO  -  A Joint venture with South Korea - POSCO Company.


Net Revenue :

 Items :                                           June 2010 ( in billion Rupiah )             % to revenue
____________________________________________________________________________
Hot roll coil                                           4.285,60                                                     47,60
Cold roll coil                                          2.081,10                                                      23, 10
Wire rod                                                      780,30                                                        8,70
Steel section                                              309,70                                                        3,40

Profit & Loss PT. Krakatau Steel Tbk.

PT. Krakatau Steel Tbk.
Consolidated Statement of Income
June 30, 2009 ( not Audit ) - June 30, 2010
( in millions of Rupiah )

                                                                                                              June 2010                                     June 2009
                                                                                                                                                                      ( not Audit )

NET INCOME :                                                                              9.000.210                                      7.827.913
COST OF GOOD SOLD :                                                               7.105.629                                     8.409.586
                                                                                              ______________                    _____________

GROSS PROFIT ( LOSS ) :                                                          1.894.581                                         (581.673)
                                                                                              ______________                     _____________

OPERATING EXPENSES :
Sales                                                                                                         148.703                                          132.225
General & Administration                                                              530.034                                         428.834
                                                                                              ______________                    _____________

Total operating expenses                                                               678.737                                          561.059
                                                                                              ______________                    _____________

OPERATING INCOME ( LOSS ) :                                            1.215.844                                    (1.142.732)
                                                                                               ______________                    _____________

OTHER INCOME ( EXPENSES ) :
Gain (Loss) on foreign exchange, net                                         118.855                                         (119.000)
Interest expense                                                                                (112.191)                                        (328.351)
Sales from waste production                                                            26.460                                            16.800
Interest income                                                                                      22.816                                              21.747
Others, net                                                                                                 71.369                                          127.063
                                                                                               ______________                     _____________

Other income (expenses), net                                                        127.309                                         (281.741)
                                                                                               ______________                     _____________

PROFIT ( LOSS ) BEFORE TAX :                                             1.343.153                                    (1.424.473)
                                                                                              ______________                      _____________

TAX EXPENSE ( BENEFIT ) :
Current tax                                                                                              80.897                                             47.242
Deferred tax / ditangguhkan                                                         265.393                                         (370.925)
                                                                                              ______________                       _____________
TAX EXPENSE (BENEFIT), NET :                                           346.290                                         (323.683)
                                                                                              ______________                        _____________
PROFIT (LOSS) BEFORE                                                              996.863                                       (1.100.790)
MINORITY INTERESTS
MINORITY INTERESTS IN                                                                890                                                    (289)
NET LOSS ( PROFIT ) OF
SUBSIDIARIES
                                                                                              ______________                       _____________
NET INCOME ( LOSS ) :                                                       997.753                                     (1.101.079)
                                                                                              ==============                        =============
BASIC EARNINGS (LOSS) PER                                                          100                                                     (110)
SHARE (expressed in Rupiah
full amount per share) :                                              ==============                        =============
                                         

Balance Sheet of PT. Krakatau Steel Tbk.

PT. Krakatau Steel Tbk. & Subsidiaries
Consolidated Balance Sheets
June 30, 2009 ( not Audit ) - June 30, 2010
( in millions of Rupiah )         

                                                                                     June 30, 2010                       June 30, 2009
                                                                                                                                             ( not Audit )
ASSETS :
Current Assets :                                                                        

Cash and equivalents                                                  1.518.889                               1.100.156
Short term Investment                                                       1.950                                        6.067
Time Deposit                                                                     260.000                                      ---
Third parties / trade debtors                                  1.630.876                               1.828.541
( net )
Related parties                                                                    94.681                                      97.456
Other debtors / third parties                                         58.618                                      73.956
( net )
Related parties                                                                     15.721                                         1.831
Inventories ( net )                                                        5.163.754                              4.306.219
Prepaid expenses                                                             148.842                                   141.465
Prepaid taxes                                                                       49.097                                     28.706
                                                                               _____________                _____________
                                                       
Total current assets                                                   8.942.428                              7.584.397
                                                                               _____________                _____________

Obama' s day & our index

This afternoon President Barack Obama will visit his hometown Indonesia, if there' s not any delay, The President & team will arrive at about 5 pm ( local time ) from India. The President will stay in Indonesia for less than 24 hours, he will meet our President Susilo Bambang Yudhoyono & Minister team, will speak at our biggest Mosque in South East Asia, Istiqlal Mosque and in University of Indonesia, in front of our students and lecturers. It is the first time Mr. Obama & First Lady Michelle visit again to his hometown, Jakarta, he said he wants to show to his family where did he plays and had school when he was a child, and live in Menteng area for  about 4 years.

The President will make agreement with our government in Science, trade, education, etc. the press will cover this event for about 300 person ( around the world ), but if Jakarta have rain, the event "meet the press" will be arrange in The Palace with a few press member, and now Jakarta have rain, probably they will continue in The Palace.

After visiting his hometown The President will go to South Korea and attend G-20 Summit event in Seoul.

And our stock exchange index ( IDX index ) have a new high record : 3737, 48 with 1, 03 % high, previously 3699, 26 details : 

Total volume = 6, 43 Billion Lot

Total frequency = 158.718 times

Total value = 6, 90 Trillion Rupiahs

Gainer companies : 

ITMG - PT. Indo Tambang Raya Megah Tbk - Coal mining - 7, 84 % equal Rp. 4.000,-

UNTR - PT. United Tractors Tbk. - Heavy industry - 6, 58 % equal Rp. 1.550,-

ASII - PT. Astra International Tbk. - Vehicle ( car ) industry - 1, 31 % equal Rp. 750,-

PTBA - PT. Tambang Batubara Bukit Asam Tbk.- Coal mining - 3, 37 % equal Rp. 700,-

INTP - PT. Indocement Tunggal Prakarsa Tbk. - Cement industry - 2, 62 % equal Rp. 450,- and

BBRI - PT. Bank Rakyat Indonesia Tbk. - Bank - 3, 32 % equal Rp. 400,-

Amount of 121 companies shares price up, 103 companies shares price downward and 82 companies shares price stagnant.

Many people in Jakarta waiting for Obama' s visit, they' re trying to see Obama in the HI Square, this is Obama' s day and the rain is still falling ( at 18.05 ).

After IPO, ....... what should you do next ?

After you finish your IPO process in Bank Mandiri, you have to wait until the refund date, then you have to go to BAE / Biro Administrasi Efek / Securities Administration Bureau office to check if there is allotment shares on you, at :

PT. BSR Indonesia

Kompleks Perkantoran ITC Roxy Mas Blok E1 no. 10 - 11,

Jl. K.H. Hasyim Ashari, Jakarta.

Telp. 021-631 7828

1. Ask the officer of BSR about your PTKS IPO, check to them if there' s cash refund for you, give them your PTKS Application Form ( green color ) + copy of your deposit slip of Bank Mandiri.

2. After they check it, you will receive : 

- Confirmation of Allotment letter

- Refund money announcement letter / SPPPUPS

If your application form to PTKS IPO passed all, you will see that your Number of Shares and Amount column wrote : NIL, but

If your application form to PTKS IPO didn' t pass all, you will see in the Number of Shares and Amount column wrote the sum of cash refund. It is same with SPPPUPS letter but in this letter you can see where' s your refund money will be payed by the Bank.

At the Bank, give your archives / documents to Teller, after they check it all, you will receive Withdrawal form from the Bank and you will see the amount of your refund money, sign it. 

Finish.

Sample use letters / form :                                                
                                                                                                 

        Filled Application form                                                                       Confirmation Allotment letter                                                               Refund letter / SPPPUPS

  

                                                            Filled Deposit slip, the number at above is from the Underwriter                                                                                                                              

                                                             Withdrawal slip - refund slip Bank Mandiri

If you use different Securities company than the Underwriter, you will get Customer Confirmation Letter for allocated or shares deliver to your account and to your Securities company.

IPO PT. Krakatau Steel Tbk.

Start from November 2nd - November 4th PT. Krakatau Steel Tbk. ( PT. KS ) will launch their new IPO for public in the stock market of IDX ( Indonesia Stock Exchange ).

PT. KS will sell 20 % from their stock amount for this time, it is equal 3.155.000.000 shares from serial B, with nominal amount is Rp. 500,-; And will sell to public for amount Rp. 850,- per share. Minimum order 500 shares or it is equal 1 Lot.

Business field : Steel Industry; Plant industry is in Cilegon area, West Java, main product : Hot rolled coil or plate, Cold rolled coil or sheet, Wire rod and side product services.

Underwriters : PT. Bahana Securities, PT. Danareksa Sekuritas and PT. Mandiri Sekuritas.

After public offering the amount of share will represent : 80 % - Indonesia Government and 20 % - Public.
Currency : US $ 1,- = Rp. 8.924,- ( Indonesia Rupiah / IDR ) as Nov. 3rd.

Order details :

Offering period : 2, 3, 4 November 2010.

Allotment date : 8 November

Electronic distribution date : 9 November

Refund date : 10 November

Listing date ( on the Stock exchange board ) : 10 November 2010.

This is under very limited stock order - this is the 5 Star class stock.

Address for order ( Pooling system ) at :

PT. Bank Mandiri ( Persero ) Tbk.

Branch : Kebon Sirih - Jakarta.

Jl. Tanah Abang Timur no. 1 - 2, Jakarta Pusat
( Beside the small river, near the middle class bridge, left side ).

Deposit / money transfer to Account no. : 121 - 0005488287

Under the name of : Danareksa - IPO Krakatau Steel

If you want to buy this very limited stock offering go to the address above and don't forget to bring 1 fotocopy of your ID card ( driving license or citizen card ).
KSEI account code number of yours ( ask your Securities office if you don' t know yet ).

Business hour : 9.00 - 15.00 ( my local time ).

Sample use forms :

   

    

 Deposit Slip of Bank Mandiri

= Balance sheet data, Profit & Loss data, pictures and other informations will post later ( because I have to request it at their office ).
KSEI = Indonesian Central Securities Depository / Kustodian Sentral Efek Indonesia