Profile
Indika Energy Tbk
Incorporated in 2000, PT Indika Energy Tbk (”Indika Energy”) was previously known as PT Dipta Diwangkara/PT Indika Inti Energi. Indika Energy however has its roots in the energy sector as far back as 1973 with the establishment of Tripatra, a leader in providing integrated engineering, procurement and construction (EPC) services to the oil and gas industry in Indonesia.
Today, Indika Energy (”INDY”, hereafter also referred to as ”the Company” or ”the Group”) is publicly listed on the Indonesian Stock Exchange (IDX) with a market capitalisation of Rp. 11.6 trillion (US$ 1.2 billion)1 with subsidiaries and associated companies concentrating in its three business pillars of energy resources, energy services, and energy infrastructure.
The core strategy for growth has been ”strengthening the foundation for greater value-chain integration”. In 2009, Indika Energy completed its acquisition of PT Petrosea Tbk, a multi-disciplinary engineering, construction and contract mining company with a track record of achievement in Indonesia since 1972.
This significant acquisition not only served to strengthen the Group’s foothold and leadership in EPC services, but consolidated its capacity to deliver total energy services from acquiring mining rights and feasibility studies, to mining operations, processing, production and barging, to transshipment and offtake. In effect, the Company became a fully integrated energy company with strategic synergies in place to power its growth.
As at 31 December 2009, Indika Energy’s consolidated net worth stood at Rp. 5.3 trillion total revenues of Rp. 2.5 trillion, and net income of Rp. 725.7 billion2. The company and its subsidiaries now employ 2,529 employees nationwide. The year 2009 continued Indika Energy’s track record performance in delivering strong profit: Rp. 109.6 billion (2005), Rp. 177.3 billion (2006), Rp. 265 billion (2007), Rp. 1,084.7 billion (2008) and Rp. 725.7 billion2 (2009), while maintaining strong cash balances.
The principal businesses in Indika Energy’s three business pillars are:
- PT Kideco Jaya Agung (”Kideco”), and PT Santan Batubara (”Santan Batubara”) in Energy Resources
- PT Petrosea Tbk (”Petrosea”), and PT Tripatra Engineers & Constructors and PT Tripatra Engineering (”Tripatra”), in Energy Services; and,
- PT Cirebon Electric Power (”CEP”), in Energy Infrastructure.
| Security Code | : | INDY |
| Office Address | : | Gedung Mitra Lantai 11 Jl. Jend. Gatot Subroto Kav. 21 Jakarta – 12930 |
| Mail Address | : | info@indikaenergy.com |
| Phone | : | (021) 25579888 |
| Fax | : | (021) 25579800 |
| NPWP | : | 02.015.553.7-011.000 |
| NPKP | : | - |
| Website | : | www.indikaenergy.com |
| Listing Date | : | 11-Jun-2008 |
| Board | : | Primary |
| Main Bussiness | : | Construction Services |
| Sector | : | INFRASTRUCTURE, UTILITIES AND TRANSPORTATION |
| Sub Sector | : | NON BUILDING CONSTRUCTION |
| Stock Administration Berrau | : | PT Datindo Entrycom |
Subsidiary
| Name of Subsidiary | Line of Business | Total Asset | Percentage |
|---|---|---|---|
| PT Indika Inti Corpindo | Investasi dan Perdagangan Umum | 4733891000000 | 100 % |
| Asia Prosperity Coal B.V. | Pembiayaan | 9000000 | 100 % |
| PT. Citra Indah Prima | Investasi | 27213000000 | 99.92 % |
| PT. Sindo Resources | Pertambangan | 9000000 | 89.93 % |
| PT. Melawi Rimba Mineral | Pertambangan | 3000000 | 89.93 % |
| Indika Capital Pte Ltd. | Pemasaran dan Investasi | 488748000000 | 100 % |
| Indika Capital Resources Limited | Pembiayaan | 2190878000000 | 100 % |
| Indika Power Investments Pte. Ltd | Investasi | 402715000000 | 100 % |
| Indo Integrated Energy B.V. | Pembiayaan | 648094000000 | 100 % |
| PT. Indika Infrastruktur Investindo | Investasi | 133656000000 | 100 % |
| PT Tripatra Engineering | Jasa konsultasi utk bidang konstruksi,industri dan infrastruktur | 76633000000 | 100 % |
| PT. Tripatra Engineers and Constructors | Jasa konsultasi, konstruksi, bisnis, perdagangan dan industri. | 1383445000000 | 100 % |
| Tripatra (Singapore) Pte. Ltd. | Investasi | 404952000000 | 100 % |
| Tripatra Investment Limited | Investasi | 138987000000 | 100 % |
| PT. Kuala Pelabuhan Indonesia | Pengelolaan Pelabuhan | 97900000000 | 100 % |
| PT. Petrosea Tbk. | Rekayasa, konstruksi, pertambangan dan jasa lainnya. | 3421338000000 | 98.55 % |
| PTP Investments Pte. Ltd. | Investasi | 11145000000 | 98.55 % |
| PT. Petrosea Kalimantan | Perdagangan dan jasa kontraktor | 508000000 | 98.35 % |
| PT. POSB Infrastructure Kalimantan | Pengelolaan pelabuhan khusus | 508000000 | 98.35 % |
| Indo Integrated Energy II B.V. | Pembiayaan | 2147276000000 | 100 % |
| PT. Indika Energy Infrastructure | Perdagangan, pembangunan dan jasa | 1647182000000 | 100 % |
| PT. LPG Distribusi Indonesia | Perdagangan, perindustrian, pertambangan dan jasa | 22241000000 | 100 % |
| PT. Wahida Arta Guna Lestari | Pengoperasian stasiun pengisian dan pengangkutan bahan bakar elpji (SPPBE) | 14255000000 | 100 % |
| PT. Satya Mitra Gas | Pengoperasian stasiun pengisian bahan bakar elpiji (SPBE) | 11720000000 | 100 % |
| PT. Indika Logistic & Support Services | Pengelolaan pelabuhan | 81780000000 | 100 % |
| PT. Indika Indonesia Resources | Pertambangan dan perdagangan dasar | 116781000000 | 100 % |
| PT. Mitrabahtera Segara Sejati Tbk | Pelayaran dan angkutan laut, penyewaan kapal laut, agen perkapalan, perusahaan pelayaran dan penyewaan peralatan pelayaran | 2801281000000 | 51 % |
| PT. Mitra Hartono Sejati | Pelayaran | 25573000000 | 25.5 % |
| PT. Mitra Swire CTM | Pelayaran | 296429000000 | 50.46 % |
| Mitra Bahtera Segarasejati Pte. Ltd | Pelayaran | 11766000000 | 51 % |
| Mitra Jaya Offshore | Pelayaran | 12000000000 | 26.01 % |
| Indo Energy Capital BV | Pembiayaan | 2752223000000 | 100 % |
| Indo Energy Finance BV | Pembiayaan | 2847251000000 | 100 % |
| PT. Jatiwarna Gas Utama | Pengoperasian stasiun pengisian dan pengangkutan bahan bakar elpji (SPPBE) | 250000000 | 100 % |
Ownership
Shareholders
| Shareholders Name | Shareholders Type | Number of Share | Percentage |
|---|---|---|---|
| PT Indika Mitra Energi | More Than 5% - Controlling Shareholder | 3307097790 | 63.47 % |
| Ir. Wiwoho Basuki Tjokronegoro, Msc. | Director and Commissioner | 5264500 | 0.1 % |
| Indracahya Basuki, BSc, MBA | Director and Commissioner | 1403500 | 0.03 % |
| Dedi A. Sumanagara | Director and Commissioner | 0 | 0 % |
| Wishnu Wardhana, B.A. | Director and Commissioner | 1208500 | 0.02 % |
| Ir. Wadyono Suliantoro Wirjomihardjo, IPM | Director and Commissioner | 79083000 | 1.52 % |
| Richard Bruce Ness, BSc. | Director and Commissioner | 810000 | 0.01 % |
| Agus Lasmono, B.A., MBA | Director and Commissioner | 10156000 | 0.2 % |
| Ir. Anton Wahjo Soedibjo, MSc. | Director and Commissioner | 0 | 0 % |
| M. Arsjad Rasjid P.M., BSc | Director and Commissioner | 1208000 | 0.02 % |
| Ir. Pandri Prabono-Moelyo, MBA. | Director and Commissioner | 231100200 | 4.44 % |
| Ir. Eddy Junaedy Danu, MM | Director and Commissioner | 81680500 | 1.57 % |
| Azis Armand, SE, MUP. | Director and Commissioner | 1208000 | 0.02 % |
| Public | Less Than 5% | 1903094210 | 36.53 % |
Key Executive
Director :
| Director’s Name | Director’s Position | Independent |
|---|---|---|
| M. Arsjad Rasjid P.M., BSc. | President Director | No |
| Wishnu Wardhana, B.A. | Vice President Director | No |
| Ir. Wadyono Suliantoro Wirjomihardjo, IPM. | Director | No |
| Richard Bruce Ness, BSc | Director | No |
| Ir. Pandri Prabono-Moelyo, MBA | Director | No |
| Ir. Eddy Junaedy Danu, M.M. | Director | No |
| Azis Armand, SE., MUP. | Director | Yes |
Commissioners :
| Commisioners’ Name | Commisioners’ Position | Independent |
|---|---|---|
| Wiwoho Basuki Tjokronegoro | President Commissioner | No |
| Agus Lasmono | Vice President Commissioner | No |
| Indracahya Basuki | Commissioner | No |
| Dedi A. Sumanagara | Commissioner | Yes |
| Anton Wahjo Soedibjo | Commissioner | Yes |
