BANK RAKYAT INDONESIA (PERSERO) TBK.

Company Profile

PT Bank Rakyat Indonesia (Persero) Tbk. was established based on Law No. 21 year 1968, but its root history can be traced back since 1895.  

Previously a wholly owned by the Government of Indonesia, BRI went public in November 2003 and become a public  listed company. Now, the Government owns 56,8% and public own the rest. BRI share is categorized as a blue chip and is included in LQ 45.   

BRI  is  famous  for  its  focus on  financing  the Micro  and  Small, Medium‐sized  Enterprises (MSME). Its Micro Business is considered as one of the biggest Micro Lending Providers in the world. Of its total loan portfolio, 80% goes to Micro and SMEs. Serving Micro and SMEs enables BRI  to have a well‐diversified  loan portfolio  to minimize business  risk. Given  the business nature of BRI, it has the largest networks, with more than 6,350 outlets spreading all over Indonesia, from rural to the city makes BRI ready to seize all business opportunities across  Indonesia. Moreover,  BRI  also  has  an  enormous  customer  base, more  than  30 million depositors and borrowers which give a competitive advantage for BRI to develop its business including fee based business. 

To serve its customers, BRI has a wide range of banking products and services. Kupedes, a loan product  for micro borrower,  is widely known  to micro entrepreneurs.  In addition to that BRI also provides working capital loans, fixed asset loans, consumer loans, salary based loans, export/import  loans, etc. For deposits, Simpedes  is a prominent saving product  in rural and small town, whereas BritAma  is designed for urban people. BRI also offers time deposit and demand deposits. 

Supported  by  a  solid  business  model  and  infrastructure,  BRI  has  become  the  most profitable bank in Indonesia. BRI will continue to expand its business to give a better value for all shareholders and stakeholders. 

BRI is located at BRI I Building, Jln. Jenderal Sudirman Kav. 44‐46, Jakarta. 

As of September 30th, 2011, BRI has 18 regional offices, 14 inspection offices, 420 domestic branches, 1 special branch, 480 sub‐branch offices, 3 overseas branches, 854 cash offices, 4,766 BRI units, and 1,195 terraces. 

As of September 30th, 2011, the Bank has 38,644 employees. 

BRI has ownership in subsidiaries: PT Bank BRI Syariah and PT Bank Agro Tbk.  

January 2012

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

BBRIC O M P A N Y R E P O R T

COMPANY REPORT : JANUARY 2012 As of 31 January 2012 Main Board Individual Index : Industry Sector : Finance (8) Listed Shares : Industry Sub Sector : Bank (81) :

COMPANY HISTORY SHAREHOLDERS (January 2012)Established Date : 16-Dec-1895 1. Negara Republik Indonesia :Listing Date : 10-Nov-2003Under Writer IPO : DIVIDEND ANNOUNCEMENT

PT Bahana Securities (affiliated) Bonus CashSecurities Administration Bureau : Shares Devidend

PT Datindo Entrycom 84.19Wisma Sudirman - Puri Datindo 152.88Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220 156.18Phone : 570-9009 173.04Fax : 570-9026 196.34

168.82BOARD OF COMMISSIONERS 132.08

Bunasor Sanim *) 45.93Adhyaksa Dault *) 70.04Agus SuprijantoAviliani *) ISSUED HISTORYHermanto SiregarHeru Lelono Type of Listing

*) Independent Commissioners 1. First Issue2. Company Listing

BOARD OF DIRECTORS 3. MSOP Conversion :Sofyan Basir 4. MSOP Conversion I & II :A. Toni Soetirto 5. MSOP Conversion II :Achmad Baiquni 6. MSOP Conversion I, II & III :Asmawi Syam 7. MSOP Conversion II & III :Djarot Kusumayakti 8. MSOP Conversion I :Lenny Sugihat 9. MSOP Conversion III :Randi Anto 10. MSOP Conversion I & III :Sarwono Sudarto 11. MSOP Conversion I & II :Sulaiman Arif Arianto 12. MSOP Conversion III :Suprajarto 13. MSOP Conversion I :

14. MSOP Conversion II :AUDIT COMMITTEE 15. MSOP Conversion I & II

Soedarjono 16. Delisting of shares of RIBunasor Sanim 17. Stock SplitDedi Budiman HakimH.C. Royke SinggihHermanto SiregarSyahrir Nasution

CORPORATE SECRETARYMuhamad Ali

HEAD OFFICEBRI I Building, Jln. Jend. Sudirman No. 44 - 46 Jakarta 10210Phone : (021) 251-0244, 250-0124, 251-0315Fax : (021) 570-0916

Homepage : www.bri.co.idEmail : ir@bri.co.id

Market Capitalization

Cum Ex Recording Payment

16-Jun-09 17-Jun-09 19-Jun-0907-Jul-0803-Jul-09 F

23-Jul-04 F

18-Jun-07 02-Jul-07

4.

5.

3.4.

9.

12,211,235,190 11-Jan-11 11-Jan-11-5,698,760 07-Jan-11 07-Jan-11

15-Jun-11 F

18-Oct-0725-Sep-06

3.

2009 28-Jun-10

6.

4,764,705,000 10-Nov-036,882,352,950 10-Nov-03

114,572,000 T: 24-Nov-04333,519,000 T: 16-Nov-05

8,879,000 T:

10.

5.

Date F/I

56.75%14,000,000,000

21-Jun-05 05-Jul-05

F

2.

15-Jul-10 F

F

Listing Trading

20-Dec-10 22-Dec-10 30-Dec-10 I2010 17-Dec-102010 27-May-11 30-May-11 01-Jun-11

Date Date Date2003

2005

09-Jul-04Year

21-Jun-06 22-Jun-06 26-Jun-06 10-Jul-06 F

BBRIBank Rakyat Indonesia (Persero) Tbk.1,565.714

24,422,470,380

16-Jun-0506-Jul-04

2005 17-Jun-0507-Jul-04

167,293,922,103,000

1.2.

2007 18-Jun-08 19-Jun-08 23-Jun-082006 13-Jun-07 14-Jun-07

200829-Jun-10 01-Jul-10

Date Date10-Nov-0331-May-0411-Nov-05

Shares6.5.4.

6.7.

2.3.

8.

12-Nov-0959,421,500 T: 23-Nov-06 27-Dec-07

2,493,500 T: 21-Nov-07 08-Aug-0811,609,000 T: 25-Jun-07 15-Nov-10

36,021,500 T: 24-Nov-06 26-Jun-09256,500 T:

1.

1.

532,500 T: 28-Aug-08 13-Nov-0849,500 T: 02-Sep-08 14-Oct-0895,500 11-Nov-08 11-Nov-08

09-Jan-07 26-May-08

199,500 T: 27-Mar-08 27-May-082,227,000 T: 05-Aug-08 22-Dec-08

TRADING ACTIVITIESFreq. Volume Value

Month High Low Close (X) (Thou. Sh) (Million Rp) Jan-08 7,800 6,100 7,000 9,572 341,549 2,410,289 20 Feb-08 7,600 6,650 7,200 8,342 240,661 1,713,615 19 Mar-08 7,100 5,250 6,300 14,076 357,964 2,208,354 18 Apr-08 6,400 5,700 5,950 12,297 430,955 2,542,588 22 May-08 6,950 5,700 5,800 16,748 314,933 1,979,507 20 Jun-08 6,050 4,650 5,100 26,735 706,973 3,665,369 21 Jul-08 6,400 5,100 6,100 21,561 594,153 3,336,362 22 Aug-08 6,250 5,600 5,850 11,279 208,334 1,236,352 20 Sep-08 6,450 4,575 5,400 20,652 500,033 2,794,545 21 Oct-08 5,100 2,500 3,450 24,559 643,061 2,451,100 18 Nov-08 4,125 2,400 3,400 40,649 785,203 2,536,542 20 Dec-08 4,650 2,950 4,575 26,933 445,587 1,722,860 19 Jan-00 Jan-09 5,100 4,250 4,550 14,930 307,401 1,432,067 19 Feb-09 4,550 3,700 3,725 21,113 284,418 1,190,713 20 Mar-09 4,650 3,550 4,200 27,042 426,173 1,767,797 20 Apr-09 5,900 4,200 5,800 29,557 578,852 2,887,067 20 May-09 6,900 5,500 6,250 20,134 387,427 2,345,227 20 Jun-09 6,950 5,550 6,300 23,796 435,906 2,771,876 22 Jul-09 7,650 6,250 7,300 28,170 493,348 3,371,296 21 Aug-09 7,900 6,800 7,600 24,663 356,600 2,602,041 20 Sep-09 7,900 7,100 7,500 19,841 366,421 2,718,395 18 Oct-09 8,700 6,800 7,100 35,491 601,214 4,666,627 22 Nov-09 7,750 6,850 7,400 29,171 617,816 4,564,948 20 Dec-09 8,050 7,300 7,650 16,819 290,775 2,222,367 19 Jan-00 Jan-10 8,300 7,500 7,650 18,811 340,767 2,662,527 20 Feb-10 7,700 6,950 7,150 20,338 348,268 2,560,878 19 Mar-10 8,450 7,100 8,250 27,637 615,677 4,736,692 22 Apr-10 9,050 7,950 8,950 24,877 530,633 4,529,233 21M 10 9 100 7 600 8 600 21 790 469 303 3 908 927 19

Day

Bank Rakyat Indonesia (Persero) Tbk.

Closing Price

20

40

60

80

100

120

140

1,250

2,500

3,750

5,000

6,250

7,500

8,750

Jan 08 Jan 09 Jan 10 Jan 11 Jan 12

BANK RAKYAT INDONESIA (PERSERO) TBK.JANUARY 2008 - JANUARY 2012

CLOSING PRICE* AND TRADING VOLUMEClosing

Price* Volume (Mill. Sh)

80%

100%

120%

80%

100%

120%

Jakarta Composite IndexFinance IndexClosing Price

CHANGE OF CLOSING PRICE

JANUARY 2008 - JANUARY 2012FINANCE INDEX AND JAKARTA COMPOSITE INDEX

BBRI

May-10 9,100 7,600 8,600 21,790 469,303 3,908,927 19 Jun-10 9,750 8,300 9,300 12,801 321,511 2,873,248 22 Jul-10 10,150 9,000 9,900 13,978 337,411 3,259,346 22 Aug-10 9,850 8,800 9,300 26,105 447,646 4,199,651 21 Sep-10 10,750 9,350 10,000 23,114 371,217 3,697,678 17 Oct-10 11,900 9,850 11,400 26,113 325,997 3,506,412 21 Nov-10 12,800 10,500 10,500 25,045 359,466 4,199,435 21 Dec-10 11,700 9,800 10,500 37,298 451,843 4,792,357 20 Jan-00 Jan-11 10,750 4,550 4,850 61,584 1,216,289 7,347,324 21 Feb-11 5,000 4,525 4,700 40,858 826,733 3,940,203 18 Mar-11 5,800 4,725 5,750 49,894 902,204 4,679,484 23 Apr-11 6,650 5,650 6,450 40,870 822,859 5,088,510 20 May-11 6,600 6,000 6,350 51,052 872,410 5,479,711 21 Jun-11 6,550 6,100 6,500 32,120 568,618 3,613,773 20 Jul-11 6,950 6,500 6,900 39,796 846,164 5,683,819 21 Aug-11 7,250 6,000 6,550 65,988 1,085,504 7,162,598 19 Sep-11 7,000 5,000 5,850 83,219 1,302,285 7,936,656 20

SHARES TRADED 2008 2009 2010 2011 Jan-12 Oct-11 6,900 5,150 6,750 78,267 1,026,080 6,364,672 21Volume (Million Shares) 5,569 5,146 4,920 10,695 648 Nov-11 7,050 6,350 6,500 47,974 743,521 4,986,130 22Value (Billion Rp) 28,597 32,540 44,926 65,512 4,500 Dec-11 7,050 6,350 6,750 33,776 482,459 3,228,750 21Frequency (X) 233,403 290,727 277,907 625,398 34,105 Jan-00Days 240 241 245 247 21 Jan-12 7,200 6,750 6,850 34,105 648,419 4,500,394 21

Feb-12Price (Rupiah) Mar-12 High 7,800 8,700 12,800 10,750 7,200 Apr-12 Low 2,400 3,550 6,950 4,525 6,750 May-12 Close 4,575 7,650 10,500 6,750 6,850 Jun-12 Close* 2,288 3,825 5,250 6,750 6,850 Jul-12

Aug-12PER (X) 9.47 12.91 11.29 11.95 12.13 Sep-12PER Industry (X) 16.77 13.41 16.00 10.88 11.48 Oct-12PBV (X) 2.52 3.46 3.53 3.70 3.75 Nov-12

Dec-12* Adjusted price after corporate action

-80%

-60%

-40%

-20%

-

20%

40%

60%

-80%

-60%

-40%

-20%

-

20%

40%

60%

Jan 08 Jan 09 Jan 10 Jan 11 Jan 12

Financial Data and RatiosPublic Accountant : Purwantono, Suherman & Surja (Member of Ernst & Young Global Limited) Book End : December

BALANCE SHEET Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011(Million Rp except Par Value)Cash on Hand 5,041,396 6,750,145 8,139,304 9,975,712 9,201,446

Bank Rakyat Indonesia (Persero) Tbk. BBRI

412,500

TOTAL ASSETS AND LIABILITIES(Billion Rupiah)

Placements with Other Banks 14,629,443 22,235,561 40,495,057 83,272,140 33,638,798Marketable Securities 17,317,899 23,766,171 24,478,132 22,514,663 32,056,830Loans 105,923,763 152,217,543 194,242,503 232,972,784 260,547,470

Investment 76,668 89,792 111,461 133,888 154,908Fixed Assets 1,644,172 1,350,483 1,366,212 1,568,945 1,792,739Other Assets 2,713,984 6,062,816 5,235,421 4,880,779 5,190,093Total Assets 203,734,938 246,076,896 316,947,029 404,285,602 402,029,494

Growth (%) 20.78% 28.80% 27.56% -0.56%

-

82,500

165,000

247,500

330,000Assets Liabilities

Deposits 167,211,016 204,965,682 260,378,168 338,812,712 324,879,133

Taxes Payable 1,140,490 300,295 343,492 1,930,923 923,849Fund Borrowings 2,382,277 3,356,495 13,611,399 8,454,545 11,553,599Other Liabilities 6,448,558 6,778,922 7,068,716 9,766,026 10,629,403Total Liabilities 184,297,303 223,720,199 289,689,648 367,612,492 357,025,928

Growth (%) 21.39% 29.49% 26.90% -2.88%

Minority Interest - - - - -Authorized Capital 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000

2007 2008 2009 2010 Sep-11

22 357

27,257

36,673

45,004

27,002

36,003

45,004

TOTAL EQUITY (Billion Rupiah)

Paid up Capital 6,158,900 6,162,650 6,164,926 6,167,291 6,167,291Paid up Capital (Shares) 12,318 12,325 12,330 12,335 24,669Par Value 500 500 500 500 250Retained Earnings 9,978,092 12,874,726 17,834,694 27,123,160 35,367,200Total Equity 19,437,635 22,356,697 27,257,381 36,673,110 45,003,566Growth (%) 15.02% 21.92% 34.54% 22.72%

INCOME STATEMENTS Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011Total Interest Income 23,240,631 28,096,633 35,334,131 44,615,162 36,908,153

19,43822,357

-

9,001

18,001

,00

2007 2008 2009 2010 Sep-11

TOTAL REVENUES (Billion Rupiah)Growth (%) 20.89% 25.76% 26.27%

Interest Expenses 6,544,059 8,445,579 12,284,636 11,726,559 10,199,156Other Operating Revenue 1,821,701 2,535,236 3,269,594 5,544,533 3,874,364Other Operating Expenses 9,019,611 10,996,546 11,959,515 16,113,692 12,328,533Income from Operations 7,556,003 8,346,113 8,560,659 14,402,001 12,589,798Growth (%) 10.46% 2.57% 68.23%

Non-Operating Revenues 224,071 475,899 1,330,569 506,229 279,740

23,241

28,097

35,334

44,615

36,908

17,846

26,769

35,692

44,615

TOTAL REVENUES (Billion Rupiah)

Income Before Tax 7,780,074 8,822,012 9,891,228 14,908,230 12,869,538Provision for Income Tax 2,942,073 2,863,644 2,582,936 3,435,845 2,433,364Minority Interest - - - - -5,289Net Income 4,838,001 5,958,368 7,308,292 11,472,385 10,446,559Growth (%) 23.16% 22.66% 56.98%

RATIOS Dec-2007 Dec-2008 Dec-2009 Dec-2010 Sep-2011Dividend (Rp) 196.34 168.82 132.08 115.97 -EPS (Rp) 392.77 483.43 592.73 930.10 423.47

-

8,923

2007 2008 2009 2010 Sep-11

11,47210,44711,472

NET INCOME (Billion Rupiah)

BV (Rp) 1,578.01 1,813.89 2,210.68 2,973.19 1,824.28DAR (X) 0.90 0.91 0.91 0.91 0.89DER(X) 9.48 10.01 10.63 10.02 7.93ROA (%) 3.82 3.59 3.12 3.69 3.20ROE (%) 40.03 39.46 36.29 40.65 28.60OPM (%) 32.51 29.71 24.23 32.28 34.11NPM (%) 20.82 21.21 20.68 25.71 28.30Payout Ratio (%) 49.99 34.92 22.28 12.47 -Yield (%) 2.65 3.69 1.73 1.10 -

4,8385,958

7,308

-

2,294

4,589

6,883

9,178

2007 2008 2009 2010 Sep-11