ADFO
Adindo Foresta Indonesia Tbk
Af          :
Sector Code : 15
Sector Name : FORESTRY

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

Financial Statement Date    : 30-Jun-2002
Fiscal Year Ends            : Dec
Months Covered in Income St : 6

Summary of Balance Sheet
  Receivables               :       1,735,500.00
  Inventories               :         239,500.00
  Current Assets            :       2,369,392.95
  Fixed Assets              :       2,013,728.28
  Other Asstes              :         120,193.58
  Total Assets              :     100,603,576.78
  Current Liabilities       :       8,635,645.87
  Longterm Liabiities       :      42,220,735.00
  Total Liabilities         :      50,856,380.87
  Authorized                :         460,000.00
  Paid-up Capital           :      95,332,618.28
  Par Value                 :             500&60
  Paid-up Capital Shares    :         745,543.64
  Retained Earnings         :     -59,959,743.44
  Total Equity              :      33,962,736.89
  Minority Interest         :      15,784,459.02

Summary of Income Statement
  Total Sales               :               0.00
  Cost of Good Sold         :               0.00
  Gross Profit              :               0.00
  Operating Profit          :      -2,137,438.66
  Other Income              :         366,572.83
  Eearning Before Tax       :      -1,770,865.83
  Tax                       :        -524,617.80
  Net Income                :        -921,192.52
  Closing Price             :              45.00

Per Share Data (Rp)
  Eps                       :              -2.47
  Book Value                :              45.55

Financial Ratios
  Debt Equity Ratio (X)     :               1.50
  Roa (%)                   :              -1.83
  Roe (%)                   :              -5.42
  Npm (%)                   :
  Opm (%)                   :

Cash Flow
  CF from Operating Activities                        :        -834,599.38
  CF from Investing Activities                        :         199,500.00
  CF from Financing Activities                        :          29,000.00
  Net Increase in Cash & Cash Equivalent              :        -606,099.38
  Cash & Cash Equivalent at The Beginning of The Year :         817,912.18
  Cash & Cash Equivalent at The End of The Year       :         211,812.80