Astra International 1H11 Investor Summit Capital Market Expo 2011 Presentation

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PT Astra International TbkInvestor Summit & Capital Market Expo 2011

Presentation

Jakarta, 5 October 2011Ritz Carlton Pacific Place Hotel


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Cautionary Note on Forward-looking Statements

This presentation may contain statements regarding the business of PT Astra International Tbk and itssubsidiaries (Astra Group') that are of a forward-looking nature and are therefore based on management'sassumptions about future developments.Such forward-looking statements are intended to be identified by words such as 'believe', 'estimate', 'intend','may', 'will', 'expect', and 'project' and similar expressions as they relate to the Group. Forward-lookingstatements involve certain risks and uncertainties because they relate to future events. Actual results mayvary materially from those targeted, expected or projected due to several factors.Potential risks and uncertainties includes such factors as general economic conditions, foreign exchangefluctuations, interest rate changes, commodity price fluctuations and regulatory developments. The readerand/or listener is cautioned to not unduly rely on these forward-looking statements. We do not undertake anyduty to publish any update or revision of any forward-looking statements.

Disclaimer

This report has been prepared by PT Astra International Tbk independently and is circulated for the purposeof general information only. It is not intended for the specific person who may receive this report. Theinformation in this report has been obtained from sources which we deem reliable. No warranty (expressedor implied) is made to the accuracy or completeness of the information. All opinions and estimations includedin this report constitute our judgment as of this date and are subject to change without prior notice.We disclaim any responsibility or liability which may be brought against or suffered by any person as a resultof acting in reliance upon the whole or any part of the contents of this report and neither PT AstraInternational Tbk and/or its affiliated companies and/or their respective employees and/or agents acceptsliability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omissionhere from which might otherwise arise.

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Notes & Disclaimer


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The Astra Story

The Group Today

1H 2011 Overview

Financial Highlights

Business Updates

Agenda


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1,335

1,348

917 1

,610 2

,270

2,480

3,549

370 440 440644

8701,120

1,600

2004 2005 2006 2007 2008 2009 2010

EPS DPS

3

Founded in 1957 as a trading company Went public in 1990 and listed in Indonesia Stock Exchange (ticker: ASII.IJ)

Consists of 148 affiliated companies by June 2011

Market capitalization as end of 31 August 2011: IDR 274 tn (USD 32 bn)

Earnings, dividends and payout:

The Astra Story

28%

33%

48%40%

38%

45% 45%

Payout


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The Group TodayOwnership

(%)

Share of Net

Income (%)

4W Automotive

Toyota SO, Daihatsu SO, Isuzu SO

Toyota Astra Motor

Astra Daihatsu Motor

Isuzu Astra Motor Indonesia

100

51

32

45

23

2W Automotive

Astra Honda Motor

Honda SO

50

100

17

Component

Astra Otoparts 96 5

Financial ServicesAstra Sedaya Finance

Federal International Finance

Toyota Astra Financial Services

Komatsu Astra Finance

SAN Finance

Asuransi Astra Buana

Permata Bank

100

100

50

50

60

96

45

20

Agribusiness

Astra Agro Lestari 80 12

Heavy Equipment & Mining

United Tractors

Pamapersada Nusantara

59

59

18

Infrastructure & Logistics

SERA

Palyja

Marga Mandalasakti

100

49

79

5


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Net earnings per share up 33% to Rp 2,121 Sales of motor vehicles and motorcycles up 10% and

26%, respectively

Komatsu unit sales up 59%, supported by robustcommodity prices

Excellent performance from palm oil activities

Japan overall situation expected not to have a materialimpact on the full-year results

The demand outlook in Indonesia remains encouraging

1H 2011 Overview


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Financial HighlightsIn Billion Rupiah 1H10 1H11

USD/IDR 9,083 8,597 -5%Revenue 61,507 76,264 24%Gross Profit 12,009 15,152 26%Operating Profit 6,669 8,437 27%EBITDA 9,177 11,401 24%Other Income 548 1,064 94%Equity Income 2,388 2,952 24%Income Tax (Expense) (1,978) (2,369) 20%Profit for the Period 7,627 10,084 32%Profit Attributable to:

Owners of the Parent 6,439 8,588 33%Non Controlling Interest 1,188 1,496 26%EPS (in Rupiah) 1,591 2,121 33%


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In Billion Rupiah 2010 1H11 % Chg

Cash and Cash Equivalent 7,005 14,362 105%Trade Receivables 9,391 12,835 37%Inventories 10,842 8,872 -18%Financing Receivables 29,905 36,622 22%Investment in Associates and Jointly Controlled Entities 15,053 15,488 3%Fixed assets 24,363 30,615 26%Other Assets 16,298 17,401 7%Total Assets 112,857 136,155 21 %Short Term Borrowings 4,689 2,680 -43%Trade Payables 9,275 11,738 27%Long Term Debt 27,049 36,533 35%Other Liabilities 13,155 18,151 38%Total Liabilities 54,168 69,122 28 %Non Controlling Interest 9,379 13,718 46 %Equity Attributable to the Owners of Parent 49,310 53,315 8%Net Debt (Cash) 24,646 24,769 1%Net Debt (Cash) (Excluding Financial Services) 3,539 (2,861) -181%Net Asset Value (NAV) per share 12,180 13,169 8%



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In Billion Rupiah 1H10 1H11 EBITDA 9,177 11,401 2,224

Working Capital (5,535) (5,537) (2)

Net Interest 43 13 (30)

Net Capex (2,615) (4,252) (1,637)

Current Tax (2,473) (1,815) 658

Others (488) 2,642 3,130

Cash Flow from Operation (1,891) 2,452 4,343

Net dividend 984 (2,110) (3,094)

Net Investment (465) (465) -

Opening Net Debt (13,180) (24,646) (11,466)

Closing Net Debt (14,552) (24,769) (10,217)



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Business Updates


11/2010 |

In Percentage Total 1H10 1H11

4W 24.7% 23.0% -1.7%

2W 18.2% 17.3% -0.9%

Components 8.4% 5.3% -3.1%

Financial Services 19.6% 20.1% 0.4%

Agribusiness 7.9% 11.8% 0.1%

Heavy Equipment & Mining 17.8% 17.9% 3.9%

Others 3.3% 4.6% 1.3%

Divisional Net Income


12/2011 |

Source: Gaikindo

11

Automobiles

Astra

207,712

56.1 %

Astra

229,151

54.9 %

10.32 %

Others

162,502

43,9 %

Others

188,536

45.1 %

4x2 & 4x4

168,559

81.2 %

4x2 & 4x4

185,428

80.9 %

Pickup 8.1 %

Pickup 9.1 %Truck 6.9 %

Truck 7.0 %

Toyota37.9 %

Toyota36.5 %

Daihatsu

14.7 %

Daihatsu

14.9 %

Isuzu 3.2 %

Isuzu 3.1 %

Mitsubishi

14.1%

Mitsubishi

16.1%

Suzuki 9.3 %

Suzuki 10.5 %Honda 7.8 %

Honda 5.2 %Other Brands

12.7 %

Other Brands

13.4 %

4.7 % 4.2%

4x2 & 4x4

253,106

68.4 %

4x2 & 4x4

270,419

64.7 %

Pickup

12.6 %

Pickup

17.3 %

Truck

14.3 %

Truck

13.7 %

44.8 % 38.6 %

4x2 & 4x4

168,199

66.6 %

4x2 & 4x4

185,428

68.6 %

Pickup 36.2 %

Pickup 28.8 %

Truck 27.2 %

Truck 28.0 %370,214

417,687

M/S AI Product

Segment

Brand Segment AI Product

M/S

M/S AI Product

Segment

Brand Segment AI Product

M/S

1H10 1H11

Sedan UD Trucks & Peugeot

3.8 %


13/2012 |

Several Product Launches

Peugeot New 207 SedanMay 2011

BMW X3April 2011


14/2013 |

Source: AISI

Motorcycles

Honda

1,665,50946.3%

Honda

2,099,349

51.76 %

26.0%

Yamaha

1,639,22645.5%

Yamaha

1,646,084

40.58 %

Suzuki 6.8%

Suzuki 6.3 %Kawasaki 1.1%

Kawasaki 1.1 %

TVS 10,320 units

TVS 7,916

Others 0.03%

Others 0.01 %

Cub

55.2 %Cub

42.7 %

Scooter

39.6 %

Scooter

51.2 %

Sport & Others

Sport & Others

52.1 % 56.1 %

43.4 % 53.2 %

27.4 %

29.4%

Cub

1,766,69849.1%

Cub

1,597,255

39.4%

Scooter

1,520,37442.2 %

Scooter

2,022,228

49.9 %

Sport & Others

8.7 %

Sport & Others

10.7 %3,599,322

4,056,075

Brand Honda Segment Honda Product

M/S

Segment Brand Honda Segment Honda Product

M/S

Segment

1H10 1H11

1

2.7%


15/2014 |

Several Product Launches

Honda Spacy

May 2011Honda CBR 150R

June 2011


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3,0463,563

1H10 1H11

OEM

49%

AfterMarket

41%

Export

10%

OEM

47%

AfterMarke

t

44%

Export

9%

Revenue (Rp bn)

16.9%

Components - PT Astra Otoparts Tbk (95.65% owned & market cap US$ 1 billion)


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FIF 1H10 1H11

Unit Finance 638 757

New Motorcycle 82% 81%

Used Motorcycle 18% 19%

Financing (Rp tn) 7.9 9.5

KAF & SANF:

1H11 financing of Rp 3,364 bn accounted for 2,063 unit heavy equipment

AAB:

1H2011 net premium up by 19.6% to Rp 1,120 bn

RBC: 209.11% (AAB); requirement of 120%

Bank Permata

1H11 income from operations: Rp 741 bn, compare to 1H2010: Rp 623 bn

Gross NPL improved from 3.7 % to 2.4%

LDR & CAR with market risk: 85.7% & 13.2%

ACC & TAFS 1H10 1H11

Unit Finance (000) 92.3 99.6

New Car 66% 72%

Used Car 33% 28%

Financing (Rp tn) 12.9 14.4

Financial Services


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207.9 220.5

57.5 43.5

1H10 1H11Mature Immature

CPO Yield (tonne per ha)

Area Maturity (thousand ha)

Revenue (Rp bn)

CPO Production (tonne)

264.0265.4

470,993

594,163

1H10 1H11

277 267

3,241

5,030

Local

Export

3,518 5,297

2.01 2.25

Agribusiness - PT Astra Agro lestari Tbk (79.68% owned & market cap US$ 4 billion)


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1,601

2,949268

265

577

680

286

439

1H10 1H11

Mining Forestry Agro Construction

1,2051,615

75

590

1,280

2,205

1H10 1H11

DEJ Mines TTA Mines (all in thousand tonnes)

Heavy Equipment & Mining - PT United Tractors Tbk (59.5% owned & marketcap US$ 11 billion)

314.7 364.9

Overburden Removal (mn bcm)

37.7 39.9

Coal Production (mn tonnes)

8,45413,073

8,194

9,8241,432

2,722

Mining Mining Contracting

Contracting Machinery

Mining Contracting

MiningKomatsu Unit Sales

2,732

4,333

25,61918,080

Revenue (Rp bn)


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Forfurtherinformationpleasecontact:

InvestorRelationsofPTAstraInternationalTbk-Attn:TiraArdianti/Christian

P:(+6221)6522555ext145/147

F:(+6221)65304957

E:[email protected]/[email protected]

Documents

Astra International 1H11 Investor Summit Capital Market Expo 2011 Presentation