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Garuda Indonesia's Financial Highlights:

Starting from 2012, Garuda Indonesia reports its financial highlights in million US Dollar. Therefore figures for 2012 are in US dollars, all other figures are in IDR rupiah except otherwise stated

      2007     2008     2009     2010     2011     2012
Net Income     164.1     984.2   1,003.0     518.2     808.7     110.6
Income Before Tax     313.1   1,028.7     999.6     411.4   1,002.7     151.5
Operating Revenues
 14,042.4  19,349.7  17,860.4  19,534.3  27,164.6   3,472.5
Total Assets  11,952.9  15,303.8  14,802.4  13,666.0  18,010.0   2,518.0
Total Liabilities  13,182.4  13,887.9  11,581.4  10,196.6  10,462.8   1,403.0
Earnings per Share¹         -         -         -     28,26     36,39   0,0049
P/E Ratio (x)         -         -         -         -         -       9,7

in billion rupiah (IDR), except otherwise stated
¹ 2007-2011 in rupiah (IDR), 2012 in US dollar
Source: Garuda Indonesia, annual reports 2011 & 2012

Future Projection of Garuda Indonesia's Financial Highlights:

      2012    2013F    2014F    2015F
Net Income     110.6      84.0    195.0    186.0
Operating Revenues
  3,472.5   4,500.0   5,366.0   5,887.0
Earnings per Share¹     0,005     0,004     0,009     0,008
P/E Ratio (x)       9,7      13,6       5,8       6,1

in million US dollar, except otherwise stated
¹ in US dollar
Source: Investor Daily

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