Indonesia′s Leading Integrated EPC & Investment Company

Financial Highlights


CONSOLIDATED STATEMENTS OF PROFIT AND OTHER COMPREHENSIVE INCOME

(in millions Rupiah)

DESCRIPTION 2021 2020 2019 2018 2017
Net Revenues 17,809,718 16,536,382 27,212,914 31,158,193 26,176,403
Cost of Revenues (16,115,148) (15,011,596) (23,732,835) (27,553,466) (23,300,169)
Gross Profit 1,694,570 1,524,785 3,480,079 3,604,727 2,876,234
Selling Expenses (8,579) (11,276) (13,185) (10,445) (9,959)
General and Administrative Expenses (779,834) (883,293) (917,358) (775,300) (666,714)
Interest Income - - - - -
Increase in Fair Value of Investment Properties - - - - -
Gain on Purchase Discounts - - - - -
Gain (Loss) on Exchange Difference - - - - -
Impairment of Receivables Expenses - - - - -
Other Income 1,277,283 3,067,647 1,182,571 1,122,198 416,734
Other Expenses (1,060,454) (2,233,922) (37,712) (106,483) (295,508)
Operating Profit 1,122,984 1,463,942 3,694,395 3,834,697 2,320,788
Financing Cost (1,157,284) (1,221,502) (884,252) (972,529) (677,973)
Final Income Tax Expenses (412,524) (400,877) (696,178) (726,943) (629,479)
Loss from Associates (28,886) (3,459) (263,821) (309,629) (123,644)
Share in Profit from Joint Venture 672,373 472,172 939,112 533,031 572,701
Miscellaneous – Net - - - - -
Profit Before Income Tax 196,664 310,276 2,789,256 2,358,629 1,462,391
Income Tax Benefit (Expense) 17,760 12,067 (168,241) (285,329) (106,276)
Net Income 214.425 322,343 2,621,015 2,073,300 1,356,115
Other Comprehensive Income
Other Comprehensive Income (Expenses) Not Reclassified to Profit Loss:
Actuarial Gain (Loss) on Defined Benefit Plan 24,444 (21,158) (93,096) 140,243 (47,649)
Income Tax Related to Items Not Reclassified to Profit (Loss) (2,069) 383 157 - -
Other Comprehensive Income for the Year After Tax 22,375 (20,775) (93,096) 140,243 (47,649)
Total Comprehensive Income for the Year 236,800 301,567 2,527,919 2,213,543 1,308,466
Net Profit Attributable To:
Owner of Parent Entity 117,667 185,766 2,285,022 1,730,256 1,202,069
Non Controlling Interest 96,758 136,576 335,993 343,044 154,046
Total 214,425 322,343 2,621,015 2,073,300 1,356,115
Total Comprehensive Income Attributable to:
Owner of Parent Entity 129,946 173,794 2,190,255 1,860,118 1,158,684
Non-Controlling Interest 106,855 127,774 337,663 353,425 149,782
Total 236,800 301,567 2,527,919 2,213,543 1,308,466
Basic Earnings Per Share (Full Value) 13.12 20,71 254.74 193.02 134.10

CONSOLIDATED STATEMENT OF CASH FLOWS

(in millions Rupiah)

DESCRIPTION 2021 2020 2019 2018 2017
Net Cash Provided by (Used for) Operating Activities (3,740,044) 314,191 265,746 3,935,625 1,885,252
Net Cash Provided by (Used for) Investing Activities (3,711,048) (5,232,493) (4,043,690) (6,068,318) (2,637,548)
Net Cash Provided by (Used for) Financing Activities (524,062) 9,477,948 167,445 4,814,069 2,727,823
Net Increase (Decrease) in Cash and Cash Equivalents (7,975,154) 4,559,647 (3,610,499) 2,681,376 1,975,527
Cash and Cash Equivalents from Acquisition of Subsidiaries - 4,432 - - -
Effect of Changes in Foreign Exchange 7,262 40,949 (16,533) 38,612 8,251
Cash and Cash Equivalents at Beginning of the Year 14,951,761 10,346,734 13,973,766 11,253,778 9,270,000
Cash and Cash Equivalents at End of the Year 6,983,870 14,951,761 10,346,734 13,973,766 11,253,778

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(in millions Rupiah)

DESCRIPTION 2021 2020 2019 2018 2017
ASSETS
Total Current Assets 37,186,634 47,980,946 42,335,472 45,731,940 34,910,108
Total Non-Current Assets 32,199,160 20,128,239 19,775,375 13,498,062 10,793,766
Total Assets 69,385,794 68,109,185 62,110,846 59,230,001 45,683,774
LIABILITIES
Total Short Term Liabilities 36,969,570 44,212,530 30,349,457 28,251,951 25,975,617
Total Non-Current Liabilities 14,981,147 7,239,230 12,545,657 13,762,735 5,076,332
Total Liabilities 51,950,717 51,451,760 42,895,114 42,014,687 31,051,950
EQUITY
Total Equity 17,435,078 16,657,425 19,215,733 17,215,315 14,631,825
Total Liabilities and Equity 69,385,794 68,109,185 62,110,847 59,230,001 45,683,774

KEY FINANCIAL RATIOS

DESCRIPTION 2021 2020 2019 2018 2017
PROFITABILITY (%)
Return on Equity 1.29 2.10 15.79 14.18 10.52
Return on Investment 2.55 2.84 7.87 7.41 7.32
Return on Assets 0.28 0.46 4.22 3.95 3.52
LIQUIDITY (%)
Cash Ratio 18.89 33.82 34.09 49.53 43.40
Current Ratio 100.59 108.52 139.49 154.17 134.40
Quick Ratio 71.01 86.33 116.91 133.01 127.99
ACTIVITY
Collection Period (days) 46 48 59.85 63 69
Total Assets Turn Over (Times) 25.70 24.28 44.49 53.07 58.32
CAPITAL STRUCTURE (TIMES)
Debt to Equity Ratio 2.98 3.09 2.23 2.44 2.12
Debt to Total Assets Ratio 0.75 0.76 0.69 0.71 0.68
Gearing Ratio 1.63 1.58 0.77 0.79 0.62
Equity to Assets Ratio 0.25 0.24 0.31 0.29 0.32
MARGIN (%)
Gross Profit Margin 9.51 9.22 12.79 11.57 10.99
Operating Profit Margin 10.08 11.71 12.82 10.76 10.59
Net Profit Margin 1.20 1.95 9.63 6.65 5.18
GROWTH (%)
Sales 7.70 (39.23) (12.66) 19.03 67.06
Operating Income (7.27) (44.50) (3.66) 20.41 35.63
Income Attributable to Owners of the Parent Entity (36.66) (91.87) 32.06 40.25 13.52
Total Assets 1.87 9.66 4.86 29.65 45.70
Total Equity 4.67 (13,31) 11.62 17.66 14.87