ADES
Ades Alfindo Putra Setia Tbk
Af          :
Sector Code : 51
Sector Name : FOOD AND BEVERAGES

(In thousand rupiah except Par Value, Closing Price and Ratios)

Financial Statement Date    : 31-Mar-2002
Fiscal Year Ends            : Dec
Months Covered in Income St : 3

Summary of Balance Sheet
  Receivables               :      14,107,774.48
  Inventories               :      10,908,504.52
  Current Assets            :      32,473,957.06
  Fixed Assets              :         363,813.86
  Other Asstes              :               0.00
  Total Assets              :     208,571,499.90
  Current Liabilities       :      72,228,155.93
  Longterm Liabiities       :      57,837,405.66
  Total Liabilities         :     130,065,561.59
  Authorized                :         150,000.00
  Paid-up Capital           :      76,000,000.00
  Par Value                 :               1000
  Paid-up Capital Shares    :          76,000.00
  Retained Earnings         :      -2,245,455.19
  Total Equity              :      78,504,544.81
  Minority Interest         :           1,393.51

Summary of Income Statement
  Total Sales               :      26,834,741.84
  Cost of Good Sold         :      20,627,126.23
  Gross Profit              :       6,207,615.61
  Operating Profit          :      -6,899,908.95
  Other Income              :       6,194,391.34
  Eearning Before Tax       :        -705,517.60
  Tax                       :         274,925.90
  Net Income                :        -980,504.03
  Closing Price             :           1,150.00

Per Share Data (Rp)
  Eps                       :             -51.61
  Book Value                :           1,032.95

Financial Ratios
  Debt Equity Ratio (X)     :               1.66
  Roa (%)                   :              -1.88
  Roe (%)                   :              -5.00
  Npm (%)                   :              -3.65
  Opm (%)                   :             -25.71

Cash Flow
  CF from Operating Activities                        :        -701,123.44
  CF from Investing Activities                        :        -364,760.00
  CF from Financing Activities                        :        -129,975.79
  Net Increase in Cash & Cash Equivalent              :      -1,195,859.23
  Cash & Cash Equivalent at The Beginning of The Year :       7,751,670.28
  Cash & Cash Equivalent at The End of The Year       :       6,555,811.05