The yearly financial report was accepted and ratified as well as approved in the AGMS. The Board of Commissioners and Board of Directors were also granted the full release and discharged (acquit et de charge) from their operational and supervisory duties conducted during the financial year ended December 31, 2011.


The AGMS determined and granted authority to the Board of Directors for the appropriation of the Company’s net income, as follows:
1.    Reserve fund in the amount of Rp1 billion.
2.    Distributed as cash dividend of Rp14 per share.
3.    The balance is recorded as retained earnings to strengthen the capital of the Company.