Financial Highlights
CONSOLIDATED STATEMENTS OF PROFIT AND OTHER COMPREHENSIVE INCOME
(in millions Rupiah)
| DESCRIPTION | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Net Revenues | 16,536,382 | 27,212,914 | 31,158,193 | 26,176,403 | 15,668,833 |
| Cost of Revenues | (15,011,596) | (23,732,835) | (27,553,466) | (23,300,169) | (13,476,892) |
| Gross Profit | 1,524,785 | 3,480,079 | 3,604,727 | 2,876,234 | 2,191,940 |
| Selling Expenses | (11,276) | (13,185) | (10,445) | (9,959) | (9,095) |
| General and Administrative Expenses | (883,293) | (917,358) | (775,300) | (666,714) | (517,735) |
| Interest Income | - | - | - | - | 50,971 |
| Increase in Fair Value of Investment Properties | - | - | - | - | 4,484 |
| Gain on Purchase Discounts | - | - | - | - | 51,475 |
| Gain (Loss) on Foreign Exchange Difference | - | - | - | - | (5,445) |
| Impairment of Receivables Expenses | - | - | - | - | (46,400) |
| Other Income | 3,067,647 | 1,182,571 | 1,122,198 | 416,734 | - |
| Other Expenses | (2,233,922) | (37,712) | (106,483) | (295,508) | - |
| Finance Cost | (1,221,502) | (884,252) | (972,529) | (677,973) | (435,314) |
| Final Income Tax Expenses | (400,877) | (696,178) | (726,943) | (629,479) | (365,015) |
| Loss from Associated Entity | (3,459) | (263,821) | (309,629) | (123,644) | (38,191) |
| Share in Profit of Joint Venture | 472,172 | 939,112> | 533,031 | 572,701 | 378,836 |
| Others - Net | - | - | - | - | 34,728 |
| Profit Before Income Tax | 310,276 | 2,789,256 | 2,358,629 | 1,462,391 | 1,295,239 |
| Income Tax Expenses | 12,067 | (168,241) | (285,329) | (106,276) | (84,210) |
| Net Income | 322,343 | 2,621,015 | 2,073,300 | 1,356,115 | 1,211,029 |
| Other Comprehensive Income | |||||
| Other that Will not be Reclassified Subsequently to Profit or Loss: | |||||
| Actuarial Gain (Loss) Defined Benefit Plan | (21,158) | (93,096) | 140,243> | (47,649) | (16,618) |
| Income Tax Related to Item that will not be Reclassified to Profit or Loss | 383 | 157 | - | - | - |
| Comprehensive Income After Tax | (20,775) | (93,096) | 140,243 | (47,649) | (16,618) |
| Total Comprehensive Income for the Year | 301,567 | 2,527,919 | 2,213,543 | 1,308,466 | 1,194,411 |
| Net Profit Attributable To: | |||||
| Owner of Parent Entity | 185,766 | 2,285,022 | 1,730,256 | 1,202,069 | 1,058,935 |
| Non Controlling Interest | 136,576 | 335,993 | 343,044 | 154,046 | 152,094 |
| Total | 322,343 | 2,621,015 | 2,073,300 | 1,356,115 | 1,211,029 |
| Total Comprehensive Income Attributable to: | |||||
| Owner of Parent Entity | 173,794 | 2,190,255 | 1,860,118 | 1,158,684 | 1,043,915 |
| Non Controlling Interest | 127,774 | 337,663 | 353,425 | 149,782 | 150,496 |
| Total | 301,567 | 2,527,919 | 2,213,543 | 1,308,466 | 1,194,411 |
| Earnings per Share (Full Amount) | 20.71 | 254.74 | 193.02 | 134.10 | 162.21 |
CASH FLOW STATEMENTS | |||||
(in millions Rupiah) | |||||
| DESCRIPTION | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash Flows from Operating Activities | 141,279 | 265,746 | 3,935,625 | 1,885,252 | (1,113,344) |
| Cash Flows from Investing Activities | (5,059,580) | (4,043,690) | (6,068,318) | (2,637,548) | (1,338,525) |
| Cash Flows from Financing Activities | 9,477,948 | 167,445 | 4,814,069 | 2,727,823 | 9,175,983 |
| Net Increase (Decrease) on Cash and Cash Equivalents | 4,559,647 | (3,610,499) | 2,681,376 | 1,975,527 | 6,724,115 |
| Cash and Cash Equivalents from the Acquisition of Subsidiaries | 4,432 | - | - | - | - |
| Impact of Exchange Differences | 40,949 | (16,533) | 38,612 | 8,251 | (14,236) |
| Cash and Cash Equivalents at the Beginning of the Year | 10,346,734 | 13,973,766 | 11,253,778 | 9,270,000 | 2,560,120 |
| Cash and Cash Equivalents at the End of the Year | 14,951,761 | 10,346,734 | 13,973,766 | 11,253,778 | 9,270,000 |
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | |||||
(in millions Rupiah) | |||||
| DESCRIPTION | 2020 | 2019 | 2018 | 2017 | 2016 |
| ASSETS | |||||
| Total Current Assets | 47,980,946 | 42,335,472 | 45,731,940 | 34,910,108 | 23,651,835 |
| Total Non-Current Assets | 20,128,239 | 19,775,375 | 13,498,062 | 10,793,766 | 7,703,370 |
| TOTAL ASSETS | 68,109,185 | 62,110,846 | 59,230,001 | 45,683,774 | 31,355,205 |
| LIABILITIES | |||||
| Total Short Term Liabilities | 44,168,468 | 30,349,457 | 28,251,951 | 25,975,617 | 14,909,017 |
| Total Long Term Liabilities | 7,283,292 | 12,545,657 | 13,762,735 | 5,076,332 | 3,708,199 |
| TOTAL LIABILITIES | 51,451,760 | 42,895,114 | 42,014,687 | 31,051,950 | 18,617,215 |
| EQUITY | |||||
| Total Equity | 16,657,425 | 19,215,733 | 17,215,315 | 14,631,825 | 12,737,989 |
| TOTAL LIABILITIES AND EQUITY | 68,109,185 | 62,110,847 | 59,230,001 | 45,683,774 | 31,355,205 |
IMPORTANT FINANCIAL RATIOS | |||||
| DESCRIPTION | 2020 | 2019 | 2018 | 2017 | 2016 |
| PROFITABILITY (%) | |||||
| Return on Equity | 1.97 | 15.79 | 14.18 | 10.52 | 10.70 |
| Return on Investment | 3.59 | 7.87 | 7.41 | 7.32 | 7.64 |
| Return on Assets | 0.47 | 4.22 | 3.95 | 3.52 | 4.75 |
| LIQUIDITY (%) | |||||
| Cash Ratio | 33.85 | 34.09 | 49.53 | 43.40 | 62.18 |
| Current Ratio | 108.63 | 139.49 | 154.17 | 134.40 | 158.64 |
| Quick Ratio | 86.41 | 116.91 | 133.01 | 127.99 | 150.83 |
| ACTIVITY | |||||
| Collection Period (days) | 48.02 | 59.85 | 63 | 69 | 87 |
| Total Assets Turn Over (Times) | 24.69 | 44.49 | 53.07 | 58.32 | 50.48 |
| CAPITAL STRUCTURE (TIMES) | |||||
| Debt to Equity Ratio | 3.09 | 2.23 | 2.44 | 2.12 | 1.46 |
| Debt to Total Assets Ratio | 0.76 | 0.69 | 0.71 | 0.68 | 0.59 |
| Gearing Ratio | 1.57 | 0.77 | 0.79 | 0.62 | 0.53 |
| Total Equity to Total Assets Ratio | 0.24 | 0.31 | 0.29 | 0.32 | 0.41 |
| MARGIN (%) | |||||
| Gross Profit Margin | 9.22 | 12.79 | 11.57 | 10.99 | 13.99 |
| Operating Profit Margin | 6.67 | 12.82 | 10.76 | 10.59 | 13.04 |
| Net Profit Margin | 1.95 | 9.63 | 6.65 | 5.18 | 7.73 |
| GROWTH (%) | |||||
| Sales | -39.23 | -12.66 | 19.03 | 67.06 | 15.04 |
| Operating Income | -68.40 | -3.66 | 20.41 | 35.63 | 35.01 |
| Income Attributable to Parent Entity Owner | -87.70 | 32.06 | 40.25 | 13.52 | 69.42 |
| Total Assets | 9.66 | 4.86 | 29.65 | 45.70 | 59.96 |
| Equity | -13.31 | 11.62 | 17.66 | 14.87 | 134.24 |