PT. Astra Otoparts Tbk Business Report FY ended Dec. 2014

Financial Overview

(in billion IDR)
FY ended Dec. 31, 2014 FY ended Dec. 31, 2013 Rate of Change
Sales 12,255.4 10,702.0 14.5 -Overall automotive sales growth, both in four-wheelers and two-wheelers.
-The increase results of acquisitions in 2013 which was fully contributed to the increased sales in OEM market segment.
-Increasing production capacity and expanding the distribution coverage resulted in the increase of revenue.
Net income 871.7 948.0 (8.0) -Rising prices of raw materials which were triggered by fluctuation in exchange rate of Rupiah against the US dollar and a highly increase in labor costs are the major factors of decrease.

Recent Development in Indonesia

Date Company name Location Main business / Products Contents
Dec., 2014 PT GS Battery Central Java,
Bumi Semarang Baru Industrial Estate
Battery for 4 wheelers and 2 wheelers Opening ceremony of the 3rd factory
Nov., 2014 PT TD Automotive Compressor Indonesia Bekasi Mitra Industrial Estate - Started operation in new plant.
Oct., 2014 PT MetalArt Astra Indonesia West Java, Karawang Industrial Estate (KIIC) Forged parts for 4 wheelers Opening ceremony
May, 2014 PT Topy Palingda Manufacturing Indonesia Karawang - Started operation.
Mar., 2014 PT Denso Indonesia Bekasi - Started operation in the 3rd factory.
Jan., 2014 -PT Aisin Indonesia Automotive
-PT Advics Manufacturing Indonesia
Karawang -Engine/Body parts for 4 wheelers
-Brake system
Groundbreaking ceremony
Jan., 2014 PT Astra Juoku Indonesia Karawang - Started operation.


-Major awards for FY ended Dec., 2014

Award presented by Name of award Award winner
Suzuki Indomobil Motor
The Best Vendor Performance 2013 -PT Astra Nippon Gasket Indonesia
-PT Federal Nittan Industries
-PT Pakoakuina
Certification of Appreciation in Recognition for Outstanding Support and Thoroughly Cooperation in Suzuki Business in 2013 -PT Akebono Brake Astra Indonesia
Hino Motor Manufacturing Indonesia
Appreciation of Quality Performance Award 2013 -PT Astra Nippon Gasket Indonesia
-PT Menara Terus Makmur
Best Contribution Achievement in Recognition for The Outstanding Performance and Support to HMMI -PT Astra Otoparts Adiwira Plastik Division
-PT GS Battery

Toyota Motor Manufacturing Indonesia

The Best Safety Supplier -PT Kayaba Indonesia
In Recognition of the Top 10 Outstanding Cost Performance in 2013 -PT Astra Nippon Gasket Indonesia
Quality Award in Year 2013 -PT Pakaokuina

Krama Yudha Tiga Berlian Motors (Mitsubishi)

Zero Delay Delivery Achievement -PT Toyoda Gosei Safety Systems Indonesia
-PT Astra Otoparts Nusametal Division
Zero PPM Quality Achievement -PT Toyoda Gosei Safety Systems Indonesia
Best Quality Supplier in recognition of the Excellent Contribution in 2013 -PT GS Battery

R&D Facilities

-The Company conducts R&D activities mainly in Engineering Development Center Division established in 2010. More than 100 engineers engage in the R&D activities.

Technology Licensing-in Agreement

-PT. Indokarlo Perkasa, a subsidiary of PT. Astra Otoparts Tbk, has signed a technical collaboration agreement with Saitama Kiki Co. Ltd., Japan, for production process of rod assy torque rod for Hino. Saitama Kiki is a company owned by Nishiumi Group (68%) with Hino Motor Ltd. (32%) which produces various automotive components, among others, brake system, tie end rod, torque assy rod, pump oil master clutch, etc. (From a press release on February 6, 2014)

Product Development

-In 2014, PT Astra Komponen Indonesia (ASKI) manufactured seat assembly for 2 wheelers and double seat for trucks.

Capital Expenditure

-Capital expenditure in 2014 amounted to IDR 1.22 trillion was in form of the Company's investments in Subsidiaries and/or Associates and/or Jointly Controlled Entities amounted to IDR 455.87 billion and to increase capacity and business expansion of the Company amounted to IDR 764.00 billion.