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 (%) |
Factors | |
Overall | ||||
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. |
Awards
-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.