PT. Astra Otoparts Tbk Business Report FY ended Dec. 2014
|(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
|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
|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|
-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)
-In 2014, PT Astra Komponen Indonesia (ASKI) manufactured seat assembly for 2 wheelers and double seat for trucks.
-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.