PNIN
Panin Insurance Tbk
Af          :
Sector Code : 84
Sector Name : INSURANCE

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

Financial Statement Date    : 30-Sep-2001
Fiscal Year Ends            : Dec
Months Covered in Income St : 9

Summary of Balance Sheet
  Receivables               :      13,404,000.00
  Inventories               :               0.00
  Current Assets            :               0.00
  Fixed Assets              :       6,192,000.00
  Other Asstes              :      40,402,000.00
  Total Assets              :   1,418,994,000.00
  Current Liabilities       :               0.00
  Longterm Liabiities       :               0.00
  Total Liabilities         :     440,177,000.00
  Authorized                :       4,746,000.00
  Paid-up Capital           :     593,378,705.50
  Par Value                 :                500
  Paid-up Capital Shares    :       1,186,757.41
  Retained Earnings         :     227,348,000.00
  Total Equity              :     851,117,000.00
  Minority Interest         :     127,700,000.00

Summary of Income Statement
  Total Sales               :     139,358,000.00
  Cost of Good Sold         :     127,850,000.00
  Gross Profit              :      11,508,000.00
  Operating Profit          :      11,508,000.00
  Other Income              :       1,186,000.00
  Eearning Before Tax       :      12,694,000.00
  Tax                       :        -715,000.00
  Net Income                :      12,988,000.00
  Closing Price             :             125.00

Per Share Data (Rp)
  Eps                       :              14.59
  Book Value                :             717.18

Financial Ratios
  Debt Equity Ratio (X)     :                .52
  Roa (%)                   :               1.22
  Roe (%)                   :               2.03
  Npm (%)                   :               9.32
  Opm (%)                   :               8.26

Cash Flow
  CF from Operating Activities                        :      19,506,000.00
  CF from Investing Activities                        :      -8,256,000.00
  CF from Financing Activities                        :        -578,000.00
  Net Increase in Cash & Cash Equivalent              :      10,672,000.00
  Cash & Cash Equivalent at The Beginning of The Year :       8,120,000.00
  Cash & Cash Equivalent at The End of The Year       :      18,792,000.00