Balance of current assets has increased from Rp 665.2 billion in 2007 to Rp 713 billion in 2008 or increased of 7%. This was mainly caused by increment of balances for inventories and prepayments.

Non Current Assets

Balance of non current assets has increased from Rp 820.4 billion in 2007 to Rp 985.7 billion in 2008 or increased of 20%. This was mainly caused by increment of balance for fixed assets, which was related with the expansion of tapioca starch factory and Biogas Power Plant Projects.

Total Assets

Balance of total assets has increased from Rp 1,485.7 billion in 2007 to Rp 1,698.8 billion in 2008 increased of 14%. This was mainly caused by increment of balances for current assets and non current assets.

Current Liabilities

Balance of current liabilities has increased from Rp 412.5 billion in 2007 to Rp 680.7 billion in 2008 or increased of 65%. This was mainly caused by increment of balances for short-term loan, income prepayments and current maturities of long-term loans.

Non Current Liabilities

Balance of non current liabilities has decreased from Rp 408.9 billion in 2007 to Rp 369.3 billion in 2008 or decreased of 10%. This was mainly caused by decrement of balances for net of current maturities of long-term loans.

Total Liabilities

Balance of total liabilities has increased from Rp 821.3 billion in 2007 to Rp 1,050 billion in 2008 or increased of 28%. This was mainly caused by increment of bank and third party credit facilities for working capital and PLTBG financing projects.

Net Sales

Net sale in 2008 amounting to Rp 1,551.9 billion or increased of 15% compare to 2007 amounting to Rp 1,350.3 billion. This was mainly caused by increment sales of tapioca starch, glucose, fructose, citric acid, pp woven bag and modified tapioca starch.

Operating Expenses

Operating expenses has increased from Rp 66.9 billion in 2007 to Rp 84.9 billion in 2008 or increased of 27%. This was mainly caused by increment in freight, packaging, also repair and maintenance.

Net Profit

In 2008, the Company booked for net profit of Rp 32.9 billion or decreased of 29% compared to the year 2007 which net profit amounting Rp 46.2 billion. This decrement was mainly caused by increment in unrealized foreign exchange loss.