FinancialIndustry?~

,/./ "'" .

( MoneyMarket'j CapitalMarket~!ank_/ I ~ Securities

InsuranceMarket I MultiFinanceMarket

~ Life and NonLife.I I ~ Leasing&Credit .Insurance// . Card ~. //

.-- \\ ~.. . _.-' ~ '..".- -- 2

28/12/2012

1

I

III

28}12/2012

Sektor Perbankan

19.19 -<>-Suku Bunga Kredit Modal Kerja'j(,'

Penurunan suku bunga

kredit yang berlangsung

sejak tahun 2008

menunjukkan bahwa

fungsi intermediasiperbankan berjalansemakin efisien.

Penurunan suku bungakredit memberikan

peluang pad a peningkatanpermintaan kredit

perbankan untuk

pembiayaan sektor-sektorekonomi.

Suku Bunga Kredit Perbankan21

19

17

lS

13

11

Kurs RupiahjUSD tetap stabil di Kisaran 9300

Faktor internal: tingginya permintaan valuta asing untuk kebutuhan ill)por,Faktor eksternal:

kondisi perekonomian global yang belum stabilketidakpastian prospek penanganan krisis utang dan fiskal di Eropa,belum mantapnya pemulihan ekonomi AS, perlambatan perekonomian China,melemahnya harga-harga komoditas ekspor Indonesia

2

9

0 ... N '" .,. '" oJ) " 00 en 0 ... II ::::0 0 0 0 0 0 0 0 0 '" ... ... N0 0 0 0 0 0 0 '" '" co 0 co ... 0N N N N N N N N N N N N coN N

BOOO I 12123 12000't.c:an12000

11000

10000

9000

8000

7000

6000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012e 2013'

Kurs Rp.USO Kurs Rp.Yen IRp/l00Yenl

Pertumbuhan Kredit Perbankan

35.00

30.00

25.00

20.00

15.00

10.00

5.00

0.00

24,54 25.00

20.00 21.00

4.82

2002 2003 2004 :ZOOS 2006 2007 2008 2009 2010 2011 2012e 20131

~Pertumbuh.n Oanl Pih.kKetill (%) ~Pertumbuh.n Kredit(%)

· Pertumbuhan Terbesar 2012 (berturut-turut) pada sektor:Pertanian (35,39%); kostruksi(32,15%); dan perdagangan, hotel &restoran (30,84%)

"~ ~~.IDX

In(~(:r'!""~I., 51\)(..:... f.:«."': P'!~

3._f ~,~ :~cs. Irc,-"'n(~si..i

..-

Indonesia Stock Exchange PerformanceLatest Updates

Source: HI" Purnlma. lOX 21 Ole 2012

i

iIIII

28/12/2012

3

Indonesia Stock Exchange

Equity Trading Activities21 December 2012

I Jakarta Mari<etComposite Capitalization

Index 13,lIionRp~

Average Daily Trading

2005

2006

2007

2008

2009

2010

2011

2012'

28/12/2012

4

AS June 082012Description Mutual Organization owned by members

Number of Shareholders 119

Ownership by Local: 94Ownership by Foreign Joint Venture: 2S

Market Hours Pre-Opening (09:10 - 09:2S)Morning Session (09:30 - 12:00)

Afternoon Session (13:30 -16:00)Friday Morning Session (09:30 - 11:30)

Friday Afternoon Session (14:00 - 16:00)

Number of Issuers 444

Market Capitalization IDR 3,603.4 Trillion (USD 382.0 Billion)

Market Cap Growth2001.2011 30.91% per annum over the last 10 years

Market Depth 2012 IDR4.47 Trillion per day (USD491.3 Million)

Market Depth Growth2001-2011 28.73% per annum over the last 10 years

Top 4 Sectors in lOX Finance (26.2%)(by Market Cap): Consumer Goods (21.6%)

Mining & Energy (14.1%)Infrastructures (10.0%)

1,654 1,670,808 16,510 1,162.635 801,253

1,806 1,841,769 19,880 1,805.523 1,249,074

4,226 4,268,920 48,216 2,745.826 1,988,326

3,283 4,435,531 55,905 1,355.408 1,076,491

6,090 4,046,202 87,040 2,534.356 2,019,375

5,432 4,800,969 105,790 3,703.512 3,247,097

4,873 4,953,200 113,464 3,821.992 3,537,294

4,230 4,537,585 121,982 4,250.214 4,061,677

-121 Dcmbe" 2012

Average Daily Trading and Market Capitalization2005 -21 December 2012

':Iverog""olume has Increased 156% from ZOOSuncil naw'

Volume (In Million Shore)

1..- un .....

I-i-I-I-II

Frequency (In Times)

':Iveroge frequency has Increased 639% from ZOOS un

16.510 19.810

s-8

., '

IOS""'

I"....

iil'..-2005 2006 J007 2001 2009 1010 1011

-"-- ._, '_..-.-------

....

....

,...

Value (In Billion Rpl

':Iverage value has Increased 172% fram ZOOSuntil now'

, ,- I I~...

I I~..'

11.1"

I.....

8JI-=__-=-_ _: _:_ ::.100s 1* 1007 2008 lOOt 1010 :2011 1011"

Market Copltonzatlon (In Trillion Rp)

"Markee Capitalization has Increased 407% from zoos until now"

.)21C~Cf""De':012

Jakarta Composite Indexand Capital Market Milestones1992 - 21 December 2012

, ,,,~:IU".:I of IePf)

SSot.ltO

' lOOlI..bor>Jl

1t00000..r,....."'1.71S

.n.'

!:....

!i.e"",,", ".SUt7

1).0.,.1"', ","'"197.011

.' -f

U.lul-lnlF, ".....

11Un

lWtow.lau

"'1"'...1_-,,))'-1"

~JOO7~.o.._oIlt>tom_ISII -.

tODft_:toto1Oll

U...'U

'.Cd.lOU'-'-'-"'"101SI~..JDI'_

IW06O, -

- '.Sep.lOCdh<lto'.J s.nI__'JO.l71

......-~T,,,,,,

L<l5I.'"IlloOd.lOOl

lowftllrld<ro '" 2008

1.1U.JtO

I.M lOOJiATSN...,G

Ln6.1Ot

.

I'" 1'" I"J 1M. 1'" I 1000 1001 lOOI lOOJ 10001 lOGS .. looJ 1008 lOOt 1010 IOU IOU.

., 110«--." lOll 10

28/12/2012

5

""J"'Il"'S

\I"'I""lI"x.",;AiS;C,ntO),... 8ur....P......."'_""""

su

,... lJ.M....-199S"us

.lUll!"..

1)-1.....1"'.....

I ....u..."..JU.s.at

.....

...

... .

.... ,... ....

.....

1.911 2.019

lill10'8-11. .....oos .... .00' 'DOI '009 1010 1011 20U.

JakartaComposite Index2002 - 21 December 2012

4,400

¥f4,000

3,&00

3,200

2,800

2,000

1,&00

1,200

800 n1.8t1 ._ A /' 1.1A.6JS l.USAOI

.,~.rr/'~~t-"'("~'Mh,- //",- ~I /' //",- /',- ~8.39'1. 62.82% "'.56% 16.24%. 55.30% ~~ 7-

2002 2003 ;;:;-~T 2006-~-2;;;--;;;;;;--~~;;;:-

400

.'21 Oecemoer:c~: 11

Proportions of Stocks Ownerships.Based on Investors' Nationality - 2008 to November 2012

oreil" Investor

2.12"-'

70.69"-'

27.19"-'

Individual 31.072

1.034.377

23.704

907,916

1.89"-'

72.5:ZO'

3,062

875.199

0.26%

73.90"-'

1.773 0.20"-'

44D,248 57.00"-'Instnution

Others

OTAL

Institutions: 'nsurance.Mutual Fund.PensionFund,Fln.neiliinstitutlon,Corporate.Securities Company, Foundation

SourceO~II IndoneSiaCentral~,.tl" OePO$Itof'y

'J S,nptless Stocks

12

28/12/2012

6

Typeof Investors' Nationality I Noy..2012 I 2011 I 2010 I 2009

(Equity Only) %

ocallnvestor 32.90"-'

Individual 13.80"-' 150.951 17.98"-' 124,143 17.70"-' 81.916 21.60"-'....-....-.

Institution 880,"9 86.06% 687,203 aLar'" 575,943 82.10"-' 295,989 78.10-".,.

Others 1.413 0.14% 1.166 0.14% 1.433 0.20"-' 877 0.20"-'

Foreign Investor ActivitiesAt Indonesia StockExchange: 2006 - 21 December 2012

1%,101

U,ZIO.zo,m

17,27111,11I

17,51511,111

1~210

9,069 9356

.587

.8..1491 " ':::1'1

13

Market Capitalization and Trading Value By Industry

21 December 2012

Market

Capitalization..Rnanc.(74)

. Tride,Services&Investment 11011

. Agricu~ure 1181

Intrastructure,UliI~i.. & . Mining(37)

..Property And RealEstate IU)

\0 Basic IndustryAndChemicals 1"1

'The Biggest Trading Va/4e and Market Capitalization Is Finance Industry"

14

28/12/2012

7

28/12/2012

-~~IDX

Indonesia Stock ExchangeBursa r.~k Indonesia

l,

IndonesiaBond MarketTrading Activities

8

Bond Trading Activities2003 - November 2012

Corporate Bond Government BondOutstanding Daily Average Transactions Outstanding Daily Average Transactions

Year Listed & Traded Volume Frequency Year Listed & Traded Volume Frequency(PAiIi.rRp. IMiliarRp) (X) (MiliarRp) (MiliarRp) IX)

2003 45,465 58,86 12 2003 390,482 1,395,31 51

2004 61,300 71,98 21 2004 399,304 2,128,58 112

2005 62,891 98,55 21 2005 399,859 2,144,05 100

2006 67,806 138,18 11 2006 418,751 1,216,22 134

2007 84,553 282,98 63 2007 475,578 5,062,87 227

2008 73,979 219,30 50 2008 525,695 3,833.48 206

2009 88,330 162,89 41 2009 574,659 3,224,12 218

2010 115,348 364,02 70 2010 641,215 6,794,50 381

2011 146,969 511,69 73 2011 723,606 7,950.45 433

2012" 178,928 630,62 102 2012" 834,551 8,120,56 551

-) November 2012

16

28/12/2012

Bond OwnershipNovember 2012

Corporate Bond Ownership (In Billion RpJ Government Bond Ownership fin Trll Rp)

"Insurance major the corporate bond ownership" "Bank major the government bond ownership'.

Foundation Others SecuritiesIndividual 2.178 3.<t08 Company

3.729 1.26% 1.97% 1.026

2.16%~ I__0.59%Corporate_

Pension fund

Oth~rs 35.29

"';:2 4"~Mutualfund ~

45,816".......

81 Securitiu4,73 Com~nv0,6% 0.33

1_0.04"

5.80%

SOI,l"~ l"rJO"~stO CrMrol Securities DeposItory (K5EIJ Source. lr1oJofle$lonCetJt ManQl}emlmrOjficeiCJPUj

17

Mutual FundTotal Net Asset Value (NAV)October 2012 : Rp178.16 Trillion

Inde..Fiu'd Income. 1439'

ETF. fiMed Income

~ utual Fund 0.250-'sn

.am 11.179' 11.36.:)______

IS04OI~ " .7~2,83% _______ ErF.Equity1075)0,04%

"The highest Mutual Fundallocation is Equity

35,08%

Source: Bopepom - LK 18

9

.-~~IDX

Indonesia Stock f.xchangeBursa tfek Indonesia

STOCKMARKET OUTLOOK 2013

-lOX

If.l'!cnc~tc1 StO<x E:.xc.:~imge

Bl.rs.1 Uek Indonesia

Performance of IDXvs

Regional Stock Exchange

28/12/2012

10

Change of Regional Indices2005 . 21 December 2012

150.00'/.

125.00'/.

100.00%

75.00'/.

50,00'/.

25.00%

.0.00'/.

-25.00'/.

-50.00'/.

-75.00%2005

16.2.4'/.

53.96%

~.76"',

13.37%

40.24'/.

5.73'1.

..o.&I8f.16.71%

4.33%

42.33%

2006

SS.30%

3.99"/.

21.7"'/.

27.47%

6.92%

32. &9'/.

16.29"'/.10.71%

130.43'1.

.46.70-/.

.Indonesia

. Korea

.MalaysiaSingaporeJ.pang (Mkkei 225)

";f HongKong.USA (Dow Jones)

.Inggris (FT100)

.Shlnghai-India (Mumbai)

28/12/2012

11

JCt in Comparison to Regionaltndices Performance2010 - 21 December 2012------

IDX 3,703.512 3,821.992 3.20% 4,250.214 11.20%

KRX 2,051.000 1,825.740 -10.98% 1,980.420 8.47% IDX : Indonesia Stock Exchange

SET 1,032.760 1,025.320 .0.72"'" 1,373.380 33.95'/0 KRX : Korea Exchange.SET : Stock Exchange or Thailand8M 1,518.910 1,530.730 0.78% 1,658.850 8.37"10BM : Bursa Malaysia

SGX 3,190.040 2,6046..:150 -17.04% 3,163.560 19.5-4% SGX : Singapore ExchangesTSE 10,228.920 8,455.350 .17.34% 9,940.060 17.56% TSE : TokyoStock Exchange

HKeX 23,03U50 18,434.390 -19.97"'" 22,505.290 22.09% HKeX : Hong Kong E:u:h.ngesDJI : CowJonel

SSE 2,808.080 2,199,420 .21.68% 2,153.310 -2.10%SSE : Shanghai Stock Exchange

SSE 20,509.090 15,45-4.920 .24.64% 19,228.640 24.4rt, BSE : Bombay Stock Exchange

OJI 11,577.510 12,217.560 5.53% 13,311.720 8.96'/. FT100 : UK

FT100 5,899.900 5,572.300 .5.55% 5,902.020 5.92%

.'11Drnb,,101l

I

2007 200852.08'/. -50.64%

32.25% -40.73'/.31.ar/. -39.33'1_16.07% ..41.17-'_

..".U-I_ "'2.12-;_

39.31-1. 8.27'10

8.43% 3.U-'_

3.80-;_ 1.33-'_

96.66% 45.39-1.

47.15-;_ -52.45%

2009 2010 2011 21..oec.1286.98-'_ .46.1)-1_ 3.20-1_ 11.20-/_49.65_ 21.8"'_ ..10.98-/_ "'7%.5.17-/_ 19.3.t-,_ 0.78-/_ 8.37%64..9-/_ 10.09'k ..17.0.4-/_ 19.54"1_19.04-/_ -3.01% ..17.34-1. 17.56'k52.0r/_ S.3rt_ ..19.97-/_ 22.09'k

18.82-/_ 1'.0rt_ 5.53% 8.96-;_22.07% 9.0001, ..5.55-1_ 5.9r/,

79.98-1_ ..1.4.31-;_ ..21.68% ..2.10"'1_

81.03% 17.43% ..24.64Y_ 24..r/,

22

28/12/2012

Performance of Regional Indices2005 -21 December 2012

"50'/0

"00'10

350'10

50%

-+-IOX

300% .-+- KRX

250%__8M

SGX (Stt.l1ts Times)

TS! (NI""" 2251

150%HKaX IHang Seng)

100% Dow Jones

_ FT100-+- SSE

0% --- BSE.50'/.

-100%2005 2006 2007 I 2008 2009 2010 2011 21-Dec-12

23

Market Capitalization Asia Pacific Region (TrilRp)

October 2012

31_877

12433

LL'D5.5

LlO...

L6:6 '281 397' 3.056

, .., I'LlLa2031~

TSE HK(X SSE ASX 8SE XOX sox 8M lOX SET PSE

"Relatively small Market Capitalization among others'Sourc~: World Fed~rotio" 01 Exc"o"g~$

24

12

Market Capitalization AsiaPacificRegionOctober 2012

Sou'c~: World F~d~'a!lo1! oj [xchortgeS

25

28/12/2012

13

IDX : Indonesia StockExchange

KRX : Kore. Exchange.

SET : StockExchange of Thailand

BM : Bursa MalaysiaSGX : Singapore Exchanges

TSE : TokyoStockExchange

HKeX : Hong KongExchanges

DJI : DowJones

SSE : Shlngh.' StockExchange

BSE : BombayStockExchange

FT100 : UK

Market Capitalization to GDP Ratio In Asia

300% .

271%251% o 2009 02010 02011

250%

100".182'

166%141%

155%"""' . -

98% 9'

N')l'ffb]i'uIi100".

illSO-.

0% .

Sinlapo' Malaysi. Pilippins Korel Austuli. Thailand India Jip.n G" Chlnl

SQurt:: etlC& 8loombrg

26

-~~IDX

Indonesl.t SrOC:.K£.xch.\nge8" Ef..k Indon..'1.1

KekuatanEkonomiDomestik &

Faktor Pendorong KinerjaPasarSaham di Indonesia

RealEconomicGrowth of 1% ClubEmerging Market leads in economic growth

I Rank I Growth1 China

(inpercent)

201~ Averag~9.2 10.9

~11.3

200~ 200al14.2 9.6

2009\ 201~9.2 10.4

~12.7

(Source: Bloombera, IMF World Economic Outlook O~t~base 2011)

28

28/12/2012

14

2 ndia 9.2 9. 9.5 7.5 8. 7.S 8.5

3 ndonesia 5. 5.5 6. 6.C 4.6 6. 6.5 S.!4 Iran 6. 9. 6.4 4.C 3.5 3.2 2.5 5.25 urkey 8. 6. 4. O. -4. 8. 6.6 4.56 aiwan 4. 5.4 6.C O. -1.8 10. 4.0 4.7 IIrazil 3. 4.0 6. S. -0.3 7.6 3.8 428 Rusla 6. 8. 8. 5.2 -7.8 4. 4.3 4.29 outh Korea 4.( 5.2 s. 2.3 0.3 6.2 3.6 3.810 Australia 3. 2.6 4. 2.6 1.4 2. 1.8 2.811 Mexico 3.2 5.2 33 1.2 .6. 5.5 3.9 2.312 anada 3.( 2.8 2.2 O. -2. 3.2 2. 1.613 Germany O. 3. 3.3 1. -5. 3. 3.( 1.14 pain 3.! 4. 3. 0.9 -3. .0. O. . 1.315 U5 3. 2. I.! -0.3 -3.! 3.( 1. 1.216 France U 2. 2. -0.1 -2. 1. U 1.017 UK 2. 2.6 3. -1.1 -4. 2. 1.1 0.818 apan 1. 1. 2.18 -1.0 -S.! 4. -0.5 O.19 taly O. 2.2 1. -1.2 -5. 1.5 0.64 O.

Faktor Pendorong Kinerja PasarSurat Berharga di Indonesia

· membaiknya prospek ekonomi domestik tahun depan· ekspektasi positif membaiknya ekonomi global

terutama ASdan China,

· BIrate yang (diperkirakan) tetap stabil,

· inflasi yang (diperkirakan) tetap terjaga pada levelsasaran,

· (perkiraaan) membaiknya neraca pembayaranIndonesia ??7?,

· meningkatnya peringkat Indonesia ke levellayakinvestasi

.

12/28/2012 30

28/12/2012

15

i UI I

Kekuatan EkonomiDomestiki I,

i II

I,, I

Kuatnya ekonomi domestik didukung oleh:·inflasi yang cederung stabil pada level kisaran sasaran

4,5% :t 1%,

· konsumsi domestik yang tinggi,

· menurunnya angka pengangguran,

· aliran investasi asing yang meningkat,

· kinerja perdagangan yang membaik 177,

· kurs yang bergerak pada level fundamentalnya, dan

· stabilnya sistem keuangan dan fungsi intermediasiperbankan

29

EmergingAsia&World Consumer Spending...and there goes the need for financinggrowth

According to an OECD estimate, the middle class in Asia will make up the majority of 2030consumer spending. Share of global middle-class spending by region, in USD Trillions (PPPMethod)

2009

$21.3 $';'(:$5.5 $8.1 I $4.9

2030

$55.7projected

$5.6 $11.1, . 0.6

NorthAmerica

Asia Pacific ~~~~ra~iS~~~th~~-~~~'~.~ - 1"1

Middle East/North Africa --:.JSub-Saharan Africa

Europe

(Source: OECD and PriceWaterhouseCoopers. 2011)

A Steady Improvement on Credit Rating...while the world drowned in rating downgrades

BB8+

Moody', uPlrade 10 Bu)

ilS of Jilnuilry 18. 2012 8aal

so

c.

BBB

BBB.

Fitch uPlfade ~o eBs.AS of December 15. lOll

8aa2

_8!,a3

B.l

B.2

B.l

Bl

B2

B3

Investment Grade------BB+

BB

BB.

B+

B.

ecc+ S& P uPi' .de t~ 68.

u of .A.puI8. ~Olleail!

Cu2ccc

CCC.

CC

Cod

28/12/2012

31

16

!R 8! 8! s: m § 8 8 8 8 8'"

§ 8'" Q

8 8 C; Q... ... ... N N N N N N N N N

-Moody. -S&P -Fitch

32

Financial Depth and Financial GapWhere's Indonesia? and where's China?

9.0,'JFOI'1!Igncapital

required .A1J1ppines. IhaIand

5.0

.t.5 c£~=:>.Vietnam; .t.0

g 3.5.b _~y. 3.0-=-.

..5 ~ 2.5c'6Q.; 2.0"'"Cj.. 1.5

Brazil

TUIXey .Pal<lstan .~ . IndiaEgjpt .RussIa.ArgeoI!r1a~

Cclcrnool1tJ

. MexicoPEro

. M~s:a

1.0

Swlh AfncaFundingcan be la~elysourced

cr.i~dom9StlcailyI IJI8I ! t

~&: 2CfJ 2.20 2.:1.[)260 26C ~;(( 320 ~O 360

.Cn!e

0.5 "RcmanJa ,-j (;Erta ,S1cJv'.J<ja Mcrocco

o " ~ . .,.i-~d: ~rw1ia,,0 40J aJ '!O 'ro .~. ,. ,.:0 1.!0 :6J

Financial depth." ''>,

:..;! ;~ j.:\J ~:; .J":':~.J~} t.:.ti::,:o t{~.J~~t:;.!.:> ::~n.d .:.~ \ -::i IjDP. ~.I>:,,:,

11L,.~j: j-.F..~.":.t3. ~ml.i~_ .mJ t"lt:!~; .~_, :' (iI'T '::'>,>:..

1.:,,.. ~'.:':k:.:),: G\,b.,li [:~dit'll..

IHSG2 Jan - 26 Des 2012

je;C" 2-.))12 - DioJ,ch.Jr1

O~4252.tt4275.lo.4245.CI:4275 .SMA(S):4285 .SMA(20i4303 ClBoIIro)el'jHigh 27 Nov: 4382

~IOO

4000

3'))()

»)1)

JiOO

[ Open 2 Jan : 3822

OVIJI:9.611B

3600

:>50015B

lOB$umber: www.danareksa-research.c+m

5B

Dee 11 Jo. 12 FobOB"'." "pr M>v s.p 0:1.m J~ .'0<) r.Jov De<

28/12/2012

33

17

IHSG 1 Bulan Terakhir

jclD,d7,2012-OoIvchar'

C (Jp:42S2,tl:427S, lM24S. Ct4275 . SMA(S~4285 . SMA{20~4303 iii BoInQer{20,2~4249- 4358

-""""

D Vol: 9.6116

Oct 12 Nov D~

Sumber: www.danareksa-research.com

IHSG 1 bulan terakhir: Support di 4250 dan Resistance di 4340

IHSG 1 Bulan Terakhiric'

e_ ~7 _")12. ( ,."""'"5C;-~-ZSTH..2~~~75 ::;M;:,~"'a!; . :;,-.,20).IX/3 ci(\.)WoGO:\ 4.Z~'"t-=-~':i...;-

[f.~~-'7~

~

"'"

~ - ~"I~-9!i" ,''''

).., )

r~

,"~."""qul''''''

'':~''<:::'7~:~'.;~_:<:: -:::~:~.~-.-~='-:->-"-~'~'---<_~>"-~~C",-'::::- ;:

Indikator Chaikin Money Flow menunjukkan adanya tekanan beli yang cukup tinggi semnggakedepan masih ada potensi penguatan IHSG.

IHSGjuga sudah menyentuh lower Bollingersehingga ada potensi untuk menguat ke arah4300

Indikator Average Directional Movement Index (ADX)menunjukkan indeks masih cenderungbergerak mendatar (sideways). Hal ini didukung dengan volume dan value transaksi yangcenderung berkurang seiring libur Natal dan Tahun Baru

4400

<!XX)156

106

56

06

28/12/2012

18

JakartaCompositeIndex2002 -21 December 2012

4,400

4,000 IHSG ~ ~f"-'f

'v~3,600 2012 ditutup :t4300

2013 optimis tembus 55003,200

2,800

2,000

1,600

1,200

800

400

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

.,~: :t~tmatr :01: 37

~-4J~--IDX

1[~dCr,~':;id $ce)('< [Xc.;~d:.~'_

3U:;.1 ::'ff"1( In(~Otj(,Sld

Thank You

28/12/2012

19