Financial Highlights

Description 2020 2019 2018 2017 2016
Details
Revenues 16,190.46 31,387.39 48,788.95 45,212.90 23,788.32
Cost of Revenue (18,168.34) (25,782.75) (39,926.33) (35,749.37) (19,820.48)
Gross Profit (Loss) (1,977.89) 5,604.64 8,862.62 9,463.53 3,967.84
Profit (Loss) Before Financial Charges, Equity in Net Income of Associates and Joint Ventures (4,339.36) 5,239.47 7,966.90 6,526.60 3,145.78
Profit (Loss) for the year (9,495.73) 1,028.90 4,619.57 4,201.57 1,813.07
Profit Attributable to:
Owners of the Parent Entity (7,378.56) 938.14 3,962.84 3,881.71 1,713.26
Non-Controlling Interest (2,117.17) 90.76 656.73 319.86 99.81
Total Comprehensive Income (Loss) for the Year (9,401.23) 962.76 4,909.06 4,176.78 1,809.18
Total Comprehensive Income (Loss) Attributable to:
Owners of the Parent Entity (7,284.06) 872.00 4,252.33 3,856.92 1,709.37
Non-Controlling Interest (2,117.17) 90.76 656.73 319.86 99.81
Earnings (Loss) per Share (in full Rupiah) (543.58) 69.11 291.95 284.14 147.48
ASSETS
Cash and Cash Equivalents 1,213.44 9,258.31 10,845.68 6,088.96 10,656.00
Short-term Investments 239.01 8.45 8.45 8.45 8.45
Accounts Receivables - Net 4,424.28 3,555.90 3,768.19 1,871.07 4,317.46
Retention Receivables - Net 1,805.57 1,783.13 1,333.87 1,050.93 966.70
Other Current Receivables - Net 6,870.64 8,399.16 8,767.95 10,200.15 5,617.87
Joint Ventures receivables 128.30 3,302.63 659.66 1,011.05 745.98
Inventories 4,208.99 4,470.84 5,089.23 3,235.50 2,556.73
Gross Amount Due from Customers 11,022.45 14,171.17 32,350.73 25,020.66 10,971.80
Financial Asset From Concession Project - Current Portion 4.05 13.13 13.13 9.18 5.18
Prepaid Taxes 1,033.90 2,639.16 2,744.22 2,174.28 1,159.44
Advances and Prepayment 1,588.13 1,435.96 1,408.02 1,756.79 2,706.96
Total Current Assets 32,538.76 49,037.84 66,989.13 52,427.02 39,712.58
Non Current Assets
Investment in Associate Entity and Joint Venture 6,866.92 5,384.49 6,651.47 3,449.34 2,070.70
Other Non-Current Receivables 69.70 109.15 76.86 40.37 301.86
Investment Properties 310.15 310.15 126.28 66.55 53.41
Other Long-term Investments 780.24 446.76 347.82 287.62 548.40
Fixed Assets - net 7,819.65 8,663.21 7,091.12 4,742.29 3,013.85
Goodwill 1,995.91 1,995.91 1,995.91 2,235.78 1,710.77
Intangible Asset - Toll road Concession rights 53,871.28 55,378.83 40,233.25 33,932.68 11,153.74
Financial Asset From Concession Project 344.60 339.02 381.62 345.60 256.31
Deferred Tax Assets 520.76 1.54 1.56 43.92 195.14
Other Assets 343.35 922.34 496.57 324.59 98.34
Total Non-current Assets 73,050.20 73,551.42 57,402.45 45,468.74 21,720.44
Total Assets 105,588.96 122,589.26 124,391.58 97,895.76 61,433.01
LIABILITIES
Current Liabilities
Accounts Payable 13,094.58 12,381.18 14,905.83 14,098.18 7,184.59
Short-Term Bank Loans 24,870.60 22,162.36 27,959.25 24,291.48 12,063.05
Loan to Financial Institutions Non-Bank Short-term Portion - - 392.62 1,588.72 3,281.29
Gross Amount Due to Short-term of Subcontractor 1,592.85 2,688.90 6,476.52 10,027.54 7,291.44
Accrued Expenses 1,502.67 720.63 695.79 513.24 251.30
Tax Payable Short-term 1,127.70 1,381.84 2,028.61 227.79 409.81
Advances on Short-term Contracts 699.90 364.29 287.68 233.52 557.26
Current Maturity of Long-term Bank Loans 1,220.25 833.00 416.50 5.39 5.39
Debt Purchases of Fixed Assets Current Portion - 0.01 0.20 0.23 0.22
Short-Term Medium Term Notes 300.00 732.99 812.20 720.06 -
Short-Term Bonds Payable 2,835.44 3,264.99 1,999.29 - -
Other Short-Term Liabilities 963.47 493.29 825.24 603.03 239.29
Total Current Liabilities 48,237.84 45,023.49 56,799.73 52,309.20 31,283.65
Non-Current Liabilities
Long-Term Bank Loans 23,086.34 29,325.15 20,752.25 8,665.51 4,147.89
Long-Term Joint Venture Payable 970,227.74 773.43 671.61 694.72 177.10
Long Term Loan to Financial Institution Non-Bank 2,901.64 1,846.60 161.79 304.35 175.00
Long-Term Gross Amount Due to Subcontractors 771.73 1,361.07 2,225.14 - -
Advances on Long-Term Contract 407.60 165.90 262.90 547.59 1,278.31
Deferred Tax Liabilities 7.29 28.64 54.36 43.05 8.61
Long-Term Taxes Payable 725.30 193.16 805.41 1,067.59 -
Other Long-term Payable 2,025.48 1,876.41 1,549.14 2,339.19 1,954.05
Long-Term Medium Term Notes - 300.00 300.00 - -
Long-Term Bond Payable – net 9,728.16 12,422.42 11,849.36 9,045.26 5,567.53
Debt Purchase of Fixed Assets Long-term Portion - - 0.01 0.24 0.31
Employee Benefit Liabilities 89.05 154.51 72.77 124.24 67.34
Total Non-current Liabilities 40,773.57 48,447.30 38,704.74 22,831.74 13,376.14
Total Liabilities 89,011.41 93,470.79 95,504.46 75,140.94 44,659.79
EQUITY
Share Capital 1,357.40 1,357.39 1,357.39 1,357.39 1,357.37
Additional Paid-in Capital 5,849.53 5,552.03 5,552.03 5,467.02 5,882.68
Retained Earnings
Appropriated 1,732.10 1,672.39 1,583.50 920.94 578.29
Unappropriated (2,172.22) 8,561.02 8,763.91 5,760.14 2,755.88
Other Component of Equity 765.44 739.58 744.30 500.95 495.35
Total Attributable to:
Owners of Parent 7,532.24 17,882.41 18,001.12 14,006.44 11.069.55
Non-controlling Interest 9,045.31 11,236.06 10,886.00 8,748.39 5,703.67
Total Equity 16,577.55 29,118.47 28,887.12 22,754.82 16,773.22
Total Liabilities and Equity 105,588.96 122,589.26 124,391.58 97,895.76 61,433.01
Description 2020 2019 2018 2017 2016
Details
CASH FLOW STATEMENT
Net Cash Provided by (Used) Operating Activities 411.06 9,014.25 3,035.14 (5,959.56) (7,762.41)
Net Cash Used in Investing Activities (1,056.08) (14,924.74) (18,768.15) (19,238.72) (9,552.72)
Net Cash Provided by Financing Activities (7,407.07) 4,334.94 20,667.48 20,630.92 22,459.33
Net Increase (Decrease) in Cash and Cash Equivalents (8,052.09) (1,575.55) 4,934.47 (4,567.36) 5,144.20
Unrealized Gain (Loss) on Foreign Exchange rate 17.24 (11.82) 11.11 0.33 0.61
Effect On Disposal Of Subsidiaries On Cash And Cash Equivalents (10.03) - (188.87) - -
Cash and Cash Equivalents at the Beginning of Year 9,258.31 10,845.68 6,088.96 10,656.00 5,511.19
Cash and Cash Equivalents at the End of Year 1,213.44 9,258.31 10,845.68 6,088.96 10,656.00
Description 2020 2019 2018 2017 2016
Details
KEY FINANCIAL RATIOS (IN %)
Return on Assets -8.99 0.84 3.71 4.29 2.95
Return on Equity -48.43 9.21 15.99 18.46 22.42
Net Profit Margin -58.65 3.28 9.47 9.29 7.62
Current Ratio 0.67 1.09 1.18 1.00 1.17
Liabilities to Total Assets Ratio 0.84 0.76 0.77 0.77 0.73
Liabilities to Equity Ratio 5.36 3.21 3.31 3.30 2.66
Description 2020 2019 2018 2017 2016
Details
OPERATING HIGHLIGHTS
Auction Won (in Billion Rupiah) 21,461.12 15,884.88 12,200.29 22,060.72 42,955.94
Auctions Win Percentage (in %) 54.59 52.53 28.08 49.97 42.31
Total New Contracts (in Billion Rupiah) 27,003 26,082 27,216 55,834 69,974