Consolidated Statement of Profit or Loss and Other Comprehensive Income
| Consolidated Statement of Profit or Loss and Other Comprehensive Income |
| Revenue |
| Construction Services |
14,682,803 |
15,281,903 |
13,761,573 |
12,243,472 |
18,535,510 |
| EPC (Engineering, Procurement, Construction) |
2,336,900 |
1,175,913 |
1,417,152 |
956,150 |
2,934,125 |
| Property and Realty |
711,677 |
1,978,689 |
1,036,847 |
2,226,512 |
1,644,483 |
| Precast |
59,240 |
36,890 |
211,169 |
149,092 |
137,838 |
| Equipment |
153,791 |
132,442 |
122,580 |
140,908 |
238,482 |
| Energy |
147,107 |
147,606 |
138,699 |
62,722 |
81,455 |
| Toll Revenue |
68,305 |
- |
- |
- |
- |
| Financial income from construction of concession financial assets |
304,392 |
168,395 |
75,917 |
52,533 |
1,299 |
| Total Revenue |
18,464,215 |
18,921,839 |
16,763,937 |
15,831,388 |
23,573,192 |
| Cost of Revenue |
(16,081,950) |
(16,245,774) |
(14,589,354) |
(13,594,372) |
(20,257,800) |
| Gross Profit |
2,382,265 |
2,676,065 |
2,174,582 |
2,237,017 |
3,315,392 |
| Operating Expenses |
(741,585) |
(698,928) |
(625,239) |
(583,536) |
(820,878) |
| Provision for Impairment Losses on Receivables |
- |
- |
- |
- |
- |
| Provision for Impairment Losses on Inventory |
- |
- |
- |
- |
- |
| Impairment Loss |
(582,903) |
(299,207) |
(289,334) |
(288,628) |
(190,500) |
| Gain on Divestment of Subsidiaries and Other Investments |
- |
- |
497,606 |
7,676 |
92,591 |
| Funding Expenses (Interest) |
(1,206,629) |
(1,255,014) |
(1,343,189) |
(894,583) |
(782,155) |
| Share in Profit of Joint Venture |
676,856 |
379,504 |
586,601 |
449,910 |
200,195 |
| Share of Profit (Loss) of Associates |
72,520 |
34,582 |
(104,550) |
(197,075) |
(136,830) |
| Other Income |
444,436 |
274,415 |
481,394 |
369,016 |
281,277 |
| Gain on Bargain Purchase |
- |
- |
51,793 |
- |
- |
| Other Expenses |
(401,610) |
(246,833) |
(461,827) |
(298,433) |
(125,760) |
| Final Tax Expenses |
(494,147) |
(484,366) |
(590,807) |
(466,106) |
(753,688) |
| Profit Before Tax |
149,204 |
380,218 |
377,030 |
335,256 |
1,079,646 |
| Income Tax Expenses - Net |
(22,115) |
(14,476) |
(15,608) |
(23,297) |
(31,493) |
| Profit for the Year |
127,090 |
365,742 |
361,422 |
311,959 |
1,048,153 |
| Other Comprehensive Income |
85,159 |
32,307 |
40,826 |
(45,471) |
34,822 |
| Total Comprehensive Income for the Year |
212,249 |
398,048 |
402,248 |
266,488 |
1,082,975 |
| Income Attributable to: |
| Owners of the Company |
481,379 |
271,699 |
265,977 |
164,053 |
819,463 |
| Non-Controlling Interests |
(354,290) |
94,043 |
95,445 |
147,906 |
228,690 |
| Total Other Comprehensive Income for the Year Attributable to: |
| Owners of the Company |
568,489 |
297,157 |
299,544 |
117,633 |
836,638 |
| Non-Controlling Interests |
(356,240) |
100,891 |
102,704 |
148,855 |
246,337 |
| Earnings per Share (in full Rupiah) |
78 |
44 |
43 |
27 |
132 |
Consolidated Financial Position
| Consolidated Financial Position |
| Assets |
| Current Assets |
| Cash and Cash Equivalent |
4,176,800 |
5,441,315 |
6,603,376 |
7,375,548 |
8,952,606 |
| Other Current Assets |
20,913,240 |
22,217,303 |
22,817,077 |
22,988,479 |
28,944,402 |
| Total Current Assets |
31,291,249 |
32,391,723 |
33,731,768 |
30,952,166 |
36,943,863 |
| Non-Current Assets |
| Land to be developed |
3,951,613 |
3,982,017 |
3,706,930 |
5,487,214 |
5,052,332 |
| Investment in Associates and Joint Ventures |
707,247 |
1,031,547 |
1,135,474 |
1,623,959 |
1,674,535 |
| Other Long-Term Investments |
1,680,443 |
1,649,145 |
1,449,995 |
1,586,467 |
1,152,764 |
| Fixed Assets |
3,859,215 |
5,037,210 |
5,592,762 |
5,951,267 |
6,207,696 |
| Other Non-Current Assets |
15,035,275 |
13,520,741 |
9,956,914 |
7,807,751 |
4,966,896 |
| Total Non-Current Assets |
25,233,794 |
25,220,660 |
21,842,075 |
22,456,658 |
19,054,223 |
| Total Assets |
56,525,043 |
57,612,383 |
55,573,844 |
53,408,823 |
55,998,085 |
| Liabilities & Equity |
| Liabilities |
| Total Current Liabilities |
26,992,212 |
26,838,316 |
30,145,581 |
27,042,682 |
28,828,811 |
| Total Non-Current Liabilities |
14,389,440 |
15,953,015 |
11,098,113 |
12,460,198 |
12,289,831 |
| Total Liabilities |
41,381,651 |
42,791,331 |
41,243,694 |
39,502,879 |
41,118,642 |
| Equity atributable to: |
| Owners of the Company |
11,722,271 |
11,153,783 |
10,853,255 |
10,553,711 |
11,646,128 |
| Non-Controlling Interests |
3,421,120 |
3,667,270 |
3,476,895 |
3,352,232 |
3,233,315 |
| Total Equity |
15,143,391 |
14,821,052 |
14,330,150 |
13,905,944 |
14,879,443 |
| Total Liabilities and Equity |
56,525,043 |
57,612,383 |
55,573,844 |
53,408,823 |
55,998,085 |
| Capital Expenditure |
866,569 |
3,088,878 |
3,189,420 |
3,518,406 |
4,369,667 |
| Net Working Capital |
4,298,992 |
5,627,919 |
3,586,187 |
3,909,484 |
8,115,052 |
Consolidated Statement of Cash Flows
| Consolidated Statement of Cash Flows |
| Cash Flows from Operating Activities |
384.780 |
268.445 |
468.698 |
(268.990) |
306.285 |
| Cash Flows from Investing Activities |
(695.541) |
(2.271.032) |
(2.078.368) |
(3.383.525) |
(3.162.638) |
| Cash Flows from Financing Activities |
(941.747) |
854.390 |
835.722 |
2.067.004 |
3.174.378 |
| Net Increase (Decrease) of Cash and Cash Equivalents |
(1.252.508) |
(1.148.196) |
(773.947) |
(1.585.511) |
318.024 |
| Effect of Changes in Foreign Currencies |
(17.127) |
(8.745) |
1.775 |
8.452 |
(12.844) |
| Cash and Cash Equivalents at Beginning of the Year |
5.446.434 |
6.603.376 |
7.375.548 |
8.952.606 |
8.647.427 |
| Cash and Cash Equivalents at End of Year |
4.176.800 |
5.446.434 |
6.603.376 |
7.375.548 |
8.952.606 |
* Restated on the application of Statement of Financial Accounting Standards (PSAK) 72: Revenue Recognition from Contracts with Customers
2019 & 2020 Restated on the application of Statement of Financial Accounting Standards (PSAK) 72: Revenue Recognition from Contracts with Customers
