Bank Negara Indonesia Tbk BBNI

Company Report : January 2010 As of 29 January 2010

Main Board Individual Index : 8.800
Industry Sector : Finance (8) Listed Shares : 15,121,201,105
Industry Sub Sector : Bank (81) Market Capitalization : 29,183,918,132,650

COMPANY HISTORY SHAREHOLDERS (January 2010)

Established Date : 05-Jul-1946 1. Negara Republik Indonesia 11,663,089,145 76.36%
Listing Date : 25-Nov-1996
Under Writer IPO : DIVIDEND ANNOUNCEMENT
PT Bahana Securities Bonus Cash Cum Ex Recording Payment
PT BNI Securities Year Shares Devidend Date Date Date Date F/I
PT Danareksa Sekuritas 1996 13.00 06-May-97 07-May-97 16-May-97 14-Jun-97 F
PT Pentasena Arthasentosa 1997 14.00 30-Jun-98 01-Jul-98 10-Jul-98 08-Aug-98 F
Securities Administration Bureau : 2001 4.41 09-Oct-02 10-Oct-02 14-Oct-02 28-Oct-02 F
PT Datindo Entrycom 2002 6.30 23-Oct-03 24-Oct-03 28-Oct-03 05-Nov-03 F
Wisma Sudirman 2003 23.71 01-Jul-04 02-Jul-04 07-Jul-04 21-Jul-04 F
Jl. Jend. Sudirman Kav. 34 - 35 Jakarta 10220 2004 118.07 23-Jun-05 24-Jun-05 28-Jun-05 07-Jul-05 F
Phone : 570-9009 2005 53.26 15-Jun-06 16-Jun-06 20-Jun-06 04-Jul-06 F
Fax : 570-9026 - 28 2006 72.50 19-Jun-07 20-Jun-07 22-Jun-07 02-Jul-07 F
2007 29.40 18-Jun-08 17-Jun-08 20-Jun-08 04-Jul-08 F
BOARD OF COMMISSIONERS 2008 8.00 18-Jun-09 19-Jun-09 23-Jun-09 07-Jul-09 F
1. Peter Benyamin Stok *) 2009 9.44 25-Nov-09 26-Nov-09 01-Dec-09 11-Dec-09 I
2. Achil Ridwan Djayadiningrat *)
3. Achyar Ilyas *) ISSUED HISTORY
4. Fero Poerbonegoro Listing Trading
5. H. M. S. Latif Type of Listing Shares Date Date
6. Parikesit Suprapto 1. Negara RI (Seri A) 1 25-Nov-96 -
7. Suwarsono *) 2. First Issue 1,085,032,000 25-Nov-96 25-Nov-96
*) Independent Commissioners 3. Company Listing 3,255,095,999 T : 25-Nov-96 : 28-Jun-97
4. Partial Delisting -43,401,280 02-Jul-99 02-Jul-99
BOARD OF DIRECTORS 5. Right Issue 151,904,480,000 05-Jul-99 05-Jul-99
1. Gatot Mudiantoro Suwondo 6. Additional Listing 41,375,391,255 20-Apr-01 20-Apr-01
2. Felia Salim 7. Partial Delisting -343,540,085 12-Dec-01 12-Dec-01
3. Achmad Baiquni 8. Reverse Split -184,084,187,364 23-Dec-03 23-Dec-03
4. Ahdi Jumhari Luddin 9. Right Issue 1,974,563,625 13-Aug-07 13-Aug-07
5. Bien Subiantoro 10. Partial Delisting -2,233,046 31-Aug-07 31-Aug-07
6. Darwin Suzandi
7. Khrisna R. Suparto
8. Suwoko Singoastro
9. Yap Tjay Soen

AUDIT COMMITTEE
1. Achil Ridwan Djayadiningrat
2. Alexander Zulkarnaen
3. Darminto
4. H. M. S. Latif
5. Setyo Buwono

CORPORATE SECRETARY
Intan Abdams Katoppo

HEAD OFFICE:
BNI Building, 24th Fl.
Jln. Jend.Sudirman Kav. 1, Jakarta 10220
Phone : (021) 572-8387, 572-8037
Fax : (021) 572-8295, 572-8053

Homepage : http://www.bni.co.id
Email : bni@bni.co.id; intan.abdams@bni.co.id
Bank Negara Indonesia Tbk BBNI
TRADING ACTIVITIES
CLOSING PRICE* AND TRADING VOLUME
BANK NEGARA INDONESIA TBK Closing Price Freq. Volume Value
JANUARY 2006 - JANUARY 2010 Month High Low Close (X) (Thou. Sh) (Million Rp) Day
2,975 350 Jan-06 1,440 1,250 1,300 472 2,353 3,219 19
Feb-06 1,330 1,210 1,230 224 1,011 1,285 19
Closing Price*

Mar-06 1,360 1,220 1,280 390 4,554 5,790 21

2,550 300
Apr-06 1,480 1,260 1,360 757 5,206 7,212 18
May-06 1,400 1,200 1,220 415 3,705 4,764 20
2,125 250 Jun-06 1,250 1,100 1,130 221 2,281 2,650 22

Volume (Million Shares)

Jul-06 1,160 1,070 1,100 246 1,742 1,936 21
Aug-06 1,390 1,100 1,310 676 5,344 6,611 20
1,700 200
Sep-06 2,375 1,320 2,375 4,478 45,982 89,999 20
Oct-06 2,550 1,850 2,375 6,576 55,334 120,467 15
1,275 150 Nov-06 2,550 1,850 1,980 8,459 85,137 180,180 22
Dec-06 2,010 1,870 1,870 1,054 8,354 16,416 19
Jan-00 - - - - - - -
850 100
Jan-07 2,050 1,770 1,820 1,597 14,772 28,677 22
Feb-07 1,840 1,700 1,750 621 4,328 7,725 20
425 50 Mar-07 1,940 1,730 1,760 1,738 13,902 25,501 21
Apr-07 2,400 1,770 2,200 4,588 74,116 158,714 20
May-07 2,600 2,000 2,500 2,479 37,333 90,003 21
- - Jun-07 2,775 2,325 2,475 1,926 42,822 109,082 20
Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Jul-07 2,900 2,425 2,475 3,161 40,835 108,095 22
Aug-07 2,475 1,640 1,950 30,165 6,909,717 13,655,518 19
Sep-07 2,075 1,860 2,000 17,504 1,368,474 2,697,054 20
CHANGE OF CLOSING PRICE, Oct-07 2,250 1,900 1,990 22,697 1,757,738 3,624,332 20
FINANCE INDEX AND JAKARTA COMPOSITE INDEX
Nov-07 2,040 1,800 1,840 17,130 934,541 1,772,853 22
JANUARY 2006 - JANUARY 2010
Dec-07 2,100 1,840 1,970 11,938 755,973 1,513,067 16
200% 150% Jan-00 - - - - - - -
Jakarta Composite Index Jan-08 1,980 1,500 1,740 10,324 614,664 1,075,225 20
Finance Index 125% Feb-08 1,850 1,640 1,660 10,290 585,962 1,015,880 19
150% Closing Price
Mar-08 1,630 1,300 1,390 9,919 460,229 675,080 18
100% Apr-08 1,400 1,200 1,200 7,586 414,160 517,989 22
May-08 1,350 1,170 1,250 10,021 511,239 635,157 20
100% 75%
Jun-08 1,350 1,170 1,210 9,132 447,818 564,036 21
Jul-08 1,490 1,160 1,460 18,303 1,096,013 1,466,530 22
50%
Aug-08 1,470 1,210 1,270 10,931 516,347 684,379 20
50%
Sep-08 1,370 890 970 17,003 855,406 977,523 21
25%
Oct-08 920 415 510 18,429 1,099,149 657,820 18
Nov-08 640 395 560 15,299 666,942 363,704 20
0 0
Dec-08 760 460 680 28,197 1,431,392 934,248 19
Jan-00 - - - - - - -
-25%
Jan-09 840 690 770 16,639 802,769 610,446 19
-50%
-50% Feb-09 780 670 700 5,986 218,134 159,891 20
Mar-09 770 640 720 9,999 344,639 247,177 20
-100% -75% Apr-09 1,260 740 1,250 23,047 1,200,420 1,190,105 20
Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 May-09 1,690 1,230 1,570 28,011 1,218,563 1,808,999 20
Jun-09 1,830 1,510 1,720 23,069 838,389 1,422,751 22
Jul-09 1,920 1,660 1,890 20,313 693,316 1,236,996 21
SHARES TRADED 2006 2007 2008 2009 Jan-10 Aug-09 2,050 1,840 1,940 27,579 982,226 1,907,134 20
Volume (Million Sh) 221 11,955 8,699 8,398 230 Sep-09 2,125 1,840 2,125 16,195 579,036 1,169,100 18
Value (Billion Rp) 441 23,791 9,568 12,753 454 Oct-09 2,150 1,760 1,850 17,868 515,013 1,023,538 22
Frequency (X) 23,968 115,544 165,434 219,769 10,453 Nov-09 2,050 1,770 2,025 19,767 584,374 1,136,745 20
Days 236 243 240 241 20 Dec-09 2,075 1,880 1,980 11,296 420,760 839,980 19
Jan-00 - - - - - - -
Price (Rupiah) Jan-10 2,025 1,890 1,930 10,453 230,206 453,565 20
High 2,550 2,900 1,980 2,150 2,025 Feb-10 - - - - - - -
Low 1,070 1,640 395 640 1,890 Mar-10 - - - - - - -
Close 1,870 1,970 680 1,980 1,930 Apr-10 - - - - - - -
Close * 1,843 1,970 680 1,980 1,930 May-10 - - - - - - -
Jun-10 - - - - - - -
PER (X) 12.90 14.51 8.50 12.23 11.92 Jul-10 - - - - - - -
PER Industry (X) 18.29 12.57 16.77 13.41 13.39 Aug-10 - - - - - - -
PBV (X) 1.68 1.60 0.67 1.64 1.60 Sep-10 - - - - - - -
*) Adjusted price after corporate action Oct-10 - - - - - - -
Nov-10 - - - - - - -
Dec-10 - - - - - - -
Bank Negara Indonesia Tbk BBNI
Financial Data and Ratios
Public Accountant : Purwantono, Sarwoko & Sandjaja (Ernst & Young) Book End : December

BALANCE SHEET Dec-2005 Dec-2006 Dec-2007 Dec-2008 Dec-2009

TOTAL ASSETS AND LIABILITIES
(Million Rp except Par Value) (in Billion Rupiah)
Cash on Hand 2,843,779 2,694,635 3,259,229 4,428,192 4,903,316
237,500
Placements with Other Banks 19,553,926 29,978,141 14,808,515 22,641,940 29,622,162
Assets Liabilities
Marketable Securities 8,849,689 4,956,328 16,200,561 9,874,051 19,197,927 190,000
Loans 58,331,161 62,613,795 83,214,985 106,342,351 113,922,685
Investment 778,525 337,716 134,793 104,653 51,267 142,500
Fixed Assets 4,557,160 4,111,593 3,871,229 201,741,069 3,707,940
Other Assets 3,652,541 4,139,786 2,799,685 2,479,605 2,898,406 95,000
Total Assets 147,812,206 169,415,573 183,341,611 201,741,069 227,496,967
14.62% 8.22% 10.04% 12.77% 47,500
Growth (%)

0
Deposits 115,517,123 138,141,073 149,992,482 167,264,390 192,288,136
2005 2006 2007 2008 2009
Taxes Payable 281,308 405,269 151,379 599,246 94,036
Fund Borrowings 4,795,670 4,009,424 6,309,151 8,616,869 5,569,805
Other Liabilities 3,216,860 2,640,068 4,318,861 4,663,795 5,133,675 TOTAL EQUITY (in Billion Rupiah)
Total Liabilities 135,890,987 154,596,653 166,094,416 186,279,343 208,322,445
13.77% 7.44% 12.15% 11.83% 19,144
Growth (%) 19,144
17,220
15,431
14,794
Minority Interest 26,305 24,651 27,610 30,578 30,940 15,315

Authorized Capital 99,612,656 15,000,000 15,000,000 15,000,000 15,000,000 11,895

Paid up Capital 7,042,194 7,042,194 7,789,288 7,789,288 7,789,288 11,486

Paid up Capital (Shares) 13,282 13,282 15,274 15,274 15,274

7,500 & 7,500 & 7,500 & 7,500 & 7,500 & 7,657

Par Value 7,500 & 375 7,500 & 375 7,500 & 375 7,500 & 375 7,500 & 375
Retained Earnings 1,891,432 2,740,011 2,039,493 2,597,420 4,662,449 3,829

Total Equity 11,894,914 14,794,269 17,219,585 15,431,148 19,143,582

0

Growth (%) 24.37% 16.39% -10.39% 24.06%

2005 2006 2007 2008 2009

INCOME STATEMENTS (Million Rp)

Total Revenues 12,873,326 14,938,397 14,877,720 16,628,139 19,446,766 TOTAL REVENUES (in Billion Rupiah)
Growth (%) 16.04% -0.41% 11.77% 16.95%
19,447
19,447

Interest Expenses 5,633,213 7,561,866 7,410,289 6,716,256 8,313,998 16,628

Other Operating Revenue 2,331,310 2,861,275 4,129,716 3,548,889 4,295,385 15,557
14,938 14,878

Other Operating Expenses 6,974,531 6,263,931 7,625,927 7,227,642 7,991,230 12,873

Income from Operations 2,265,620 2,655,122 1,267,648 1,874,523 3,386,114 11,668

Growth (%) 17.19% -52.26% 47.87% 80.64%

7,779

Non-Operating Revenues -9,837 184,517 213,492 57,862 57,835

3,889

Income Before Tax 2,255,783 2,839,639 1,481,140 1,932,385 3,443,949

Provision for Income Tax 838,679 911,074 579,396 706,480 957,230 0

Minority Interest -2,365 -2,735 -3,816 -3,420 -2,724 2005 2006 2007 2008 2009
Net Income 1,414,739 1,925,830 897,928 1,222,485 2,483,995
Growth (%) 36.13% -53.37% 36.15% 103.19%
TOTAL INCOME (in Billion Rupiah)
RATIOS
2,484
Dividend (Rp) 171.33 72.50 29.40 8.00 9.44 2,484

EPS (Rp) 106.52 145.00 58.79 80.04 162.63

1,926
BV (Rp) 895.59 1,113.88 1,127.38 1,010.29 1,253.35 1,987

DAR (X) 0.92 0.91 0.91 0.92 0.92 1,415

1,490

DER(X) 11.42 10.45 9.65 12.07 10.88 1,222

ROA (%) 1.53 1.68 0.81 0.96 1.51 994

898
ROE (%) 18.96 19.19 8.60 12.52 17.99
OPM (%) 17.60 17.77 8.52 11.27 17.41 497

NPM (%) 10.99 12.89 6.04 7.35 12.77

0

Payout Ratio (%) 160.85 50.00 50.01 10.00 5.80

2005 2006 2007 2008 2009
Yield (%) 13.39 3.88 1.49 1.18 0.48