PT CIPUTRA DEVELOPMENT TBK (“CTRA”)

Financial HighlightsIn million IDR31 March31 DecemberBalance Sheets 2008 2007 2006 2005 2004Assets 7,764,945 7,484,109 5,156,691 5,306,703 4,958,684Liabilities 1,378,753 1,276,669 1,306,849 4,489,037 4,404,326Debts (bank loans, lease payable,bonds payable and other debts) 167,255 171,692 215,221 3,215,820 3,393,607Others 1,211,498 1,104,977 1,091,628 1,273,217 1,010,719Minority interests 2,553,848 2,419,967 1,005,018 914,094 778,632Stockholders' equity (Capital deficiency) - net 3,832,344 3,787,473 2,844,824 (96,428) (224,274)Statements of Income 1Q 2008 2007 2006 2005 2004Revenues 281,266 1,347,518 1,185,718 1,049,896 738,597Net sales 190,487 990,325 869,449 774,565 487,860Business revenues 90,779 357,193 316,269 275,331 250,737Gross profit 143,144 595,277 534,420 486,191 362,782Operating profit 60,166 325,210 286,957 235,486 145,102Extraordinary gain - - 477,713 - 14,127Net profit (loss) 36,794 167,961 572,100 79,231 (219,274)PT Ciputra Development Tbk – Business Presentation25