Financial Highlights
CONSOLIDATED STATEMENTS OF PROFIT AND OTHER COMPREHENSIVE INCOME
(in millions Rupiah)
| DESCRIPTION | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Net Revenues | 27,212,914 | 31,158,193 | 26,176,403 | 15,668,833 | 13,620,101 |
| Cost of Revenues | (23,732,835) | (27,553,466) | (23,300,169) | (13,476,892) | (11,959,842) |
| Gross Profit | 3,480,079 | 3,604,727 | 2,876,234 | 2,191,940 | 1,660,259 |
| Selling Expenses | (13,185) | (10,445) | (9,959) | (9,095) | (7,695) |
| General and Administrative Expenses | (917,358) | (775,300) | (666,714) | (517,735) | (421,462) |
| Interest Income | - | - | - | 50,971 | 59,686 |
| Increase in Fair Value of Investment Properties | - | - | - | 4,484 | - |
| Gain on Bargain Purchase | - | - | - | 51,475 | - |
| Gain (Loss) in Foreign Exchanges | - | - | - | (5,445) | 28,351 |
| Impairment of Receivables Expenses | - | - | - | (46,400) | (30,500) |
| Other Income | 1,182,571 | 1,122,198 | 416,734 | - | - |
| Other Expenses | (37,712) | (106,483) | (295,508) | - | - |
| Finance Cost | (884,252) | (972,529) | (677,973) | (435,314) | (431,409) |
| Final Income Tax Expenses | (696,178) | (726,943) | (629,479) | (365,015) | (346,788) |
| Loss from Associated Entity | (263,821) | (309,629) | (123,644) | (38,191) | (5,515) |
| Share in Profit of Joint Venture | 939,112 | 533,031 | 572,701 | 378,836 | 288,403 |
| Others Net | - | - | - | 34,728 | (27,99) |
| Profit Before Income Tax | 2,789,256 | 2,358,629 | 1,462,391 | 1,295,239 | 765,330 |
| Income Tax Expenses | (168,241) | (285,329) | (106,276) | (84,210) | 49,901 |
| Net Income | 2,621,015 | 2,073,300 | 1,356,115 | 1,211,029 | 715,429 |
| Other Comprehensive Income After Tax | |||||
| Other Comprehensive Income that Will not be Reclasified Subsequently to Profit or Loss | |||||
| Actuarial Gain (Loss) of Defined Benefit Plan | (93,096)
| 140,243> |
(47,649) |
(16,618) |
6,306 |
|
| Other Comprehensive Income for the Year | 2,527,919 | 2,213,543 | 1,308,466 | 1,194,411 | 721,736 |
| Income Attributable to: | |||||
| Owner of Parent Entity | 2,285,022 | 1,730,256 | 1,202,069 | 1,058,935 | 635,257 |
| Non Controlling Interest | 335,993 | 343,044 | 154,046 | 152,094 | 80,172 |
| Total | 2,621,015 | 2,073,300 | 1,356,115 | 1,211,029 | 715,429 |
| Total Comprehensive Income (Loss) Attributable to: | |||||
| Owner of Parent Entity | 2,190,255 | 1,860,118 | 1,158,684 | 1,043,915 | 645,904 |
| Non Controlling Interest | 337,663 | 353,425 | 149,782 | 150,496 | 75,831 |
| Total | 2,527,919 | 2,213,543 | 1,308,466 | 1,194,411 | 721,736 |
| Earnings per Share (Full Amount) | 254,74 | 193,02 | 134,10 | 162,21 | 103,31 |
CASH FLOW STATEMENTS | |||||
(in millions Rupiah) | |||||
| DESCRIPTION | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash Flows from Operating Activities | 833,091 | 3,935,625 | 1,885,252 | (1,113,344) | 224,273 |
| Cash Flows from Investing Activities | (5,482,899) | (6,068,318) | (2,637,548) | (1,338,525) | (325,092) |
| Cash Flows from Financing Activities | 1,039,309 | 4,814,069 | 2,727,823 | 9,175,983 | 345,915 |
| Net Increase on Cash and Cash Equivalents | (3,610,499) | 2,681,376 | 1,975,527 | 6,724,115 | 245,096 |
| Impact of Exchange Differences | (16,533) | 38,612 | 8,251 | (14,236) | 14,133 |
| Cash and Cash Equivalents at the Beginning of the Year | 13,973,766 | 11,253,778 | 9,270,000 | 2,560,120 | 2,300,892 |
| Cash and Cash Equivalents at the End of the Year | 10,346,734 | 13,973,766 | 11,253,778 | 9,270,000 | 2,560,120 |
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | |||||
(in millions Rupiah) | |||||
| DESCRIPTION | 2019 | 2018 | 2017 | 2016 | 2015 |
| ASSETS | |||||
| Total Current Assets | 42,335,472 | 45,731,940 | 34,910,108 | 23,651,835 | 13,052,184 |
| Total Non-Current Assets | 19,775,375 | 13,498,062 | 10,793,766 | 7,703,370 | 6,614,266 |
| TOTAL ASSETS | 62,110,846 | 59,230,001 | 45,683,774 | 31,355,205 | 19,666,451 |
| LIABILITIES | |||||
| Total Short Term Liabilities | 30,349,457 | 28,251,951 | 25,975,617 | 14,909,017 | 10,600,100 |
| Total Long Term Liabilities | 12,545,657 | 13,762,735 | 5,076,332 | 3,708,199 | 3,577,997 |
| TOTAL LIABILITIES | 42,895,114 | 42,014,687 | 31,051,950 | 18,617,215 | 14,178,097 |
| EQUITY | |||||
| Total Equity | 19,215,733 | 17,215,315 | 14,631,825 | 12,737,989 | 5,488,353 |
| TOTAL LIABILITIES AND EQUITY | 62,110,847 | 59,230,001 | 45,683,774 | 31,355,205 | 19,666,451 |
FINANCIAL RATIO | |||||
| DESCRIPTION | 2019 | 2018 | 2017 | 2016 | 2015 |
| PROFITABILITY (%) | |||||
| Return on Equity | 13.64 | 14.18 | 10.52 | 10.70 | 16.71 |
| Return on Investment | 7.60 | 7.41 | 7.32 | 7.64 | 9.44 |
| Return on Assets | 4.32 | 3.95 | 3.52 | 4.75 | 7.17 |
| LIQUIDITY (%) | |||||
| Cash Ratio | 34.09 | 49.53 | 43.40 | 62.18 | 24.16 |
| Current Ratio | 139.49 | 154.17 | 134.40 | 158.64 | 118.52 |
| Quick Ratio | 116.91 | 133.01 | 127.99 | 150.83 | 108.79 |
| ACTIVITY | |||||
| Collection Period (days) | 60 | 63 | 69 | 87 | 75 |
| Total Assets Turn Over (Times) | 44.85 | 53.07 | 58.32 | 50.48 | 71.72 |
| CAPITAL STRUCTURE (TIMES) | |||||
| Debt to Equity Ratio | 2.23 | 2.44 | 2.12 | 1.46 | 2.60 |
| Debt to Total Assets Ratio | 0.69 | 0.71 | 0.68 | 0.59 | 0.72 |
| Gearing Ratio | 0.78 | 0.79 | 0.62 | 0.53 | 0.65 |
| Total Equity to Total Assets Ratio | 0.31 | 0.29 | 0.32 | 0.41 | 0.28 |
| MARGIN (%) | |||||
| Gross Profit Margin | 12.79 | 11.57 | 10.99 | 13.99 | 12.15 |
| Operating Profit Margin | 10.25 | 10.76 | 10.59 | 13.04 | 11.12 |
| Net Profit Margin | 9.63 | 6.65 | 5.18 | 7.73 | 5.16 |
| GROWTH (%) | |||||
| Sales | -12.66 | 19.03 | 67.06 | 15.04 | 9.28 |
| Operating Income | -3.66 | 20.41 | 35.63 | 35.01 | 8.02 |
| Income Attributable to Parent Entity Owner | 32.06 | 40.25 | 13.52 | 69.42 | 2.78 |
| Total Assets | 4.86 | 29.65 | 45.70 | 59.96 | 23.21 |
| Equity | 11.62 | 17.66 | 14.87 | 134.24 | 11.51 |
