WINS Wintermar Offshore Marine Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 57.873
Industry Sector : Infrastructure, Utilities & Transportation (7) Listed Shares : 4,238,011,640
Industry Sub Sector : Transportation (74) Market Capitalization : 906,934,490,960
392 | 0.91T | 0.01% | 98.92%

349 | 0.16T | 0.008% | 99.46%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 18-Dec-1995 1. PT Wintermarjaya Lestari 1,484,926,248 : 35.04%
Listing Date : 29-Nov-2010 (IPO Price: 380) 2. Johnson Williang Sutjipto 294,941,472 : 6.96%
Underwriter IPO : 3. Sugiman Layanto 290,482,664 : 6.85%
PT Bahana Securities 4. Muriani 258,743,498 : 6.11%
PT Ciptadana Securities 5. Public (<5%) 1,908,917,758 : 45.04%
PT CIMB Securities Indonesia
Securities Administration Bureau : DIVIDEND ANNOUNCEMENT
PT Datindo Entrycom Bonus Cash Recording Payment
F/I
Year Shares Dividend Cum Date Ex Date Date Date
BOARD OF COMMISSIONERS 2011 5.00 16-Jul-12 17-Jul-12 19-Jul-12 2-Aug-12 F
1. Jonathan Jochanan *) 2012 125 : 2 18-Jul-13 19-Jul-13 23-Jul-13 2-Aug-13 F
2. John Stuart Anderson Slack 2012 125 : 2 2.16 18-Jul-13 19-Jul-13 23-Jul-13 2-Aug-13 F
3. Johnson Wiliang Sutjipto 2013 150 : 1 26-Jun-14 27-Jun-14 1-Jul-14 15-Jul-14 F
*) Independent Commissioners 2013 8.00 26-Jun-14 27-Jun-14 1-Jul-14 15-Jul-14 F

BOARD OF DIRECTORS ISSUED HISTORY

1. Sugiman Layanto Listing Trading
2. Adhi Pradyana Galuh No. Type of Listing Shares Date Date
3. Darmawan Layanto 1. First Issue 900,000,000 29-Nov-10 29-Nov-10
4. Donny Indrasworo 2. Company Listing 2,650,000,000 29-Nov-10 29-Nov-10
5. Janto Lili 3. Warrant I 59,596,448 T: 23-Jun-11 : 4-Dec-12
6. Nely Layanto 4. MESOP I 3,873,275 T: 14-Aug-12 : 4-Sep-13
5. Share Dividend 84,455,608 T: 2-Aug-13 : 15-Jul-14
AUDIT COMMITTEE 6. Correction Shares Dividend -16 2-Aug-13 2-Aug-13
1. Jonathan Jochanan 7. Add. Listing without RI 506,917,000 T: 14-Apr-14 : 14-Feb-18
2. Harjono Wreksoremboko 8. ESOP/MSOP I Phase 1, Phase 2, ESOP/MSOP II 19,094,925 T: 2-May-14 : 14-May-14
3. Paul Capelle 9. ESOP/MSOP I Phase 1 & 2 9,985,400 T: 20-Aug-14 : 4-May-15
10. ESOP/MSOP I Phase 2 4,089,000 T: 15-Sep-14 : 12-May-15
CORPORATE SECRETARY
Nely Layanto

HEAD OFFICE
Jl. Kebayoran Lama No. 155
Jakarta - 11560
Phone : (021) 530-5201; 530-5202
Fax : (021) 530-5203
Homepage : www.wintermar.com
Email : investor_relations@wintermar.com
 WINS Wintermar Offshore Marine Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Wintermar Offshore Marine Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2015 - January 2019 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
1,000 560 Jan-15 845 605 715 18,374 262,597 183,459 21
Feb-15 700 555 620 8,324 94,831 59,791 19
875 490 Mar-15 760 530 545 11,880 150,624 97,106 22
Apr-15 590 400 400 10,762 103,002 53,394 21
May-15 490 379 400 8,730 59,573 26,542 19
750 420
Jun-15 406 325 328 2,822 16,423 5,911 21
Jul-15 344 255 255 1,636 19,861 5,957 19
625 350
Aug-15 255 129 176 2,787 36,290 6,716 20
Sep-15 190 152 159 895 15,819 2,642 21
500 280
Oct-15 215 156 196 2,209 23,934 4,365 21
Nov-15 207 174 182 465 10,174 1,982 21
375 210 Dec-15 189 151 167 465 3,423 586 19

250 140 Jan-16 165 120 126 1,077 29,882 4,125 20

Feb-16 126 97 104 1,514 30,609 3,442 20
125 70 Mar-16 260 100 169 18,484 251,927 45,040 20
Apr-16 231 165 183 7,870 75,083 14,919 21
May-16 228 172 220 6,036 82,007 17,297 20
Jun-16 248 212 234 2,295 37,106 8,619 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 258 220 240 1,423 43,926 8,410 16
Aug-16 268 222 242 1,302 24,325 5,943 22
Sep-16 254 220 236 769 13,605 3,308 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 250 202 202 998 43,133 10,015 21
Infrastructure, Utilities and Transportation Index Nov-16 230 168 175 2,181 24,320 4,496 22
January 2015 - January 2019 Dec-16 252 172 220 3,912 763,184 147,447 20
30%
24.6%
Jan-17 258 214 254 1,036 12,040 2,842 21
15% Feb-17 316 246 288 904 11,311 3,189 19
Mar-17 296 240 260 1,077 13,692 3,470 22
- 1.2% Apr-17 296 242 256 401 8,488 2,204 17
May-17 288 240 284 778 14,646 3,771 20
-15% Jun-17 294 280 282 336 3,110 878 15
Jul-17 286 252 286 165 10,680 3,029 19
Aug-17 286 234 240 130 1,961 514 19
-30%
Sep-17 264 224 246 171 6,580 1,710 16
Oct-17 294 242 290 226 1,449 380 21
-45%
Nov-17 398 270 334 1,173 4,383 1,427 22
Dec-17 340 280 294 704 6,800 2,149 18
-60%

Jan-18 376 294 338 1,006 5,913 1,981 22

-75% -72.7%
Feb-18 360 310 350 718 231,487 80,622 19
Mar-18 396 326 344 1,002 10,116 3,639 21
-90% Apr-18 430 340 352 2,256 34,526 12,145 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 358 308 308 2,797 74,956 24,329 20
Jun-18 318 288 308 868 27,309 8,285 13
Jul-18 310 266 284 536 9,571 2,801 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 306 270 276 664 7,920 2,238 21
Volume (Million Sh.) 797 1,419 95 517 8 Sep-18 290 254 278 334 4,341 1,177 17
Value (Billion Rp) 448 273 26 164 2 Oct-18 286 230 270 555 13,377 3,536 23
Frequency (Thou. X) 69 48 7 12 0.5 Nov-18 280 230 230 713 49,743 12,834 20
Days 244 245 229 237 22 Dec-18 232 204 220 323 47,580 10,823 18

Price (Rupiah) Jan-19 234 210 214 499 8,367 1,854 22

High 845 268 398 430 234
Low 129 97 214 204 210
Close 167 220 294 220 214
Close* 167 220 294 220 214

PER (X) -8.59 -6.83 -3.23 -6.29 -6.12

PER Industry (X) 9.49 8.16 16.02 9.50 10.05
PBV (X) 0.19 0.28 0.44 0.32 0.31
* Adjusted price after corporate action
 WINS Wintermar Offshore Marine Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Aryanto, Amir Jusuf, Mawar & Saptoto

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(in Million Rp, except Par Value) Assets Liabilities
Cash & Cash Equivalents 370,713 237,519 207,090 82,731 70,075 7,500

Receivables 638,588 351,700 337,176 300,041 400,926

1,690 1,161 1,059 797 970 6,000
Inventories
Current Assets 1,034,834 611,194 596,124 430,781 515,381
4,500
Fixed Assets 4,726,212 5,317,889 4,357,027 3,817,017 3,692,465
Other Assets 144,907 185,263 67,475 - 11,973
3,000
Total Assets 6,235,977 6,531,429 5,392,358 4,586,265 4,536,991
Growth (%) 4.74% -17.44% -14.95% -1.07% 1,500

Current Liabilities 839,301 813,945 672,949 664,447 559,314 -

Long Term Liabilities 2,120,015 1,997,386 1,608,310 1,194,007 1,022,680 2014 2015 2016 2017 Sep-18
Total Liabilities 2,959,316 2,811,331 2,281,259 1,858,454 1,581,994
Growth (%) -5.00% -18.85% -18.53% -14.88%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 1,422,000 1,422,000 1,422,000 1,422,000 1,422,000 3,720
Paid up Capital 403,130 403,801 403,801 403,801 423,801 3,277
3,111
Paid up Capital (Shares) 4,031 4,038 4,038 4,038 4,238 2,955
2,728
Par Value 100 100 100 100 100
2,961

Retained Earnings 1,115,971 1,233,485 922,754 561,935 507,986

3,276,661 3,720,098 3,111,098 2,727,811 2,954,997
2,202

Total Equity
Growth (%) 13.53% -16.37% -12.32% 8.33% 1,443

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 684

Total Revenues 2,200,782 1,464,482 1,197,636 839,380 748,030

Growth (%) -33.46% -18.22% -29.91%
-74

2014 2015 2016 2017 Sep-18

Cost of Revenues 1,479,216 1,276,795 1,014,749 805,832 679,562

Gross Profit 721,567 187,688 182,887 33,548 68,469
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 164,948 199,346 368,154 425,398 96,600
Operating Profit 556,619 -11,658 -185,267 -391,850 -28,131 2,201

Growth (%) N/A -1,489.12% -111.51%

2,201

1,464
1,752

Other Income (Expenses) -140,668 -133,982 -111,149 -146,507 -100,347

415,951 -145,640 -296,416 -538,357 -128,479 1,198
Income before Tax 1,303

Tax 37,304 -2,691 11,801 11,770 72 839

748
Profit for the period 378,647 -142,949 -308,217 -550,127 -128,551 854

Growth (%) N/A -115.61% -78.49%

405

Period Attributable 270,040 -83,433 -215,455 -367,217 -111,230 -44

Comprehensive Income 378,647 -136,869 -300,738 -551,409 -128,551 2014 2015 2016 2017 Sep-18
Comprehensive Attributable 270,040 -77,404 -207,976 -367,217 -111,230

RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 123.30 75.09 88.58 64.83 92.15
379
Dividend (Rp) - - - - -
EPS (Rp) 66.99 -20.66 -53.36 -90.94 -26.25
BV (Rp) 812.81 921.27 770.45 675.53 697.26 193

DAR (X) 0.47 0.43 0.42 0.41 0.35 2015 2016 2017 Sep-18
DER(X) 0.90 0.76 0.73 0.68 0.54
7

2014
ROA (%) 6.07 -2.19 -5.72 -12.00 -2.83 -179

-129
ROE (%) 11.56 -3.84 -9.91 -20.17 -4.35 -143

GPM (%) 32.79 12.82 15.27 4.00 9.15 -364

-308
OPM (%) 25.29 -0.80 -15.47 -46.68 -3.76
NPM (%) 17.21 -9.76 -25.74 -65.54 -17.19
-550

-550
Payout Ratio (%) - - - - -
Yield (%) - - - - -

*US$ Rate (BI), Rp 12,436 13,794 13,436 13,548 14,929