PT Kideco Jaya Agung ("Kideco"), PT Indika
Energy Tbk. ("Indika Energy") 46% subsidiary, shareholders today has
approved the followings during company's Annual General Shareholders
Meeting.
1. 2011 Audited Financial Report
Kideco reported Net Profit of US$ 456.1 million on Net Revenue of
US$ 2.3 billion
2. Dividends Declaration
Kideco has declared a final dividends payment of US$ 350 million.
Combine with the US$ 100 million interim dividends paid in November
2011, Kideco's total dividends payout for 2011 is US$ 450 million,
representing 98.7% of 2011 reported Net Profit of US$ 456.1 milion.
The final dividends will be distributed to Indika Energy by the end of
March in the amount of US$ 92 million and the remaining balance of US$
69 million by the end of July.
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