PT.

ALKINDO NARATAMA Tbk

31-Dec-19
Pos
2017 2018
Rp Rp
ASSETS
CURRENT ASSETS
Cash and banks 9,115,361,639 23,319,959,817
Trade receivables
Related parties 8,939,925,782 6,281,537,371

Related party Third parties - net of provision

for impairment value of Rp1,977,092,290 as of 183,485,698,733 255,738,769,028
December 31, 2019 (December 31, 2018:
Rp1,068,308,182; (December 31, 2017: nil)
Other receivables 249,268,986 675,684,985

Inventories - net of
provision for inventories obsolescence of
Rp1,120,270,043 as of December 31, 2019 131,015,702,213 196,538,385,542
(December 31, 2018: Rp612,004,509; December
31, 2017: nil)
Prepaid tax 0
Estimated claim for tax refund 14,382,833,746 20,736,116,487
Prepaid expenses and advances 1,473,546,163 4,352,527,044
TOTAL CURRENT ASSETS 348,662,337,262 507,642,980,274
NON-CURRENT ASSETS
Deferred tax assets 2,416,800,701 6,433,929,076

Fixed assets, net of accumulated depreciation of

Rp181,784,604,056 as of December 31, 2019 147,610,455,698 368,147,875,949
(December 31, 2018: Rp164,616,728,871;
December 31, 2017: Rp137,644,569,633)

Purchases advance 3,753,717,999

Deferred expense - net 12,063,334 1,770,196,389
TOTAL NON-CURRENT ASSETS 150,039,319,733 380,105,719,413
TOTAL ASSETS 498,701,656,995 887,748,699,687
LIABILITIES AND EQUITY
SHORT-TERM LIABILITIES
Short-term bank loans 68,511,770,044 86,459,410,479
Trade payables
Related parties 1,821,362,462 376,704,900
Third parties 157,173,372,449 170,417,586,825
Taxes payable 2,965,100,020 12,148,641,754
Accrued expenses 4,439,692,279 4,409,096,241
Advances from customer 1,446,569,648
Other payables 992,980,168 297,242,026

Current maturities of long-term liabilites

Bank loans 5,120,000,004 36,160,000,008
Lease payable 1,026,914,754 1,797,333,145
Total Short-term Liabilities 242,051,192,180 313,512,585,026
LONG-TERM LIABILITIES
Deferret tax liabilities 178,454,739 300,855,154
Long-term liabilities - net of current maturities
Bank loans 17,493,333,327 114,677,451,238
Lease payable 816,972,457 1,847,425,978
Liability for post - employment benefits 8,738,881,116 12,003,813,524
Total Long-Term Liabilities 27,227,641,639 128,829,545,894
TOTAL LIABILITIES 269,278,833,819 442,342,130,920
EQUITY

Equity attributable to equity holders of the parent

company Capital stock - par value of Rp100 per
share 55,000,000,000 55,000,000,000
Authorized - 1,600,000,000 shares Issued and fully
paid -
550,000,000 shares Additional paid-in capital
Additional paid-in capital 16,913,109,711 16,913,109,711

Other comprehensive income 1,012,467,214 -1,554,035,778

Other components of equity 2,193,000,000 2,193,000,000

Proforma of equity from restructuring transaction 173,020,861,071

under common control entities 0
Retained earning
Appropriated 100,000,000 100,000,000
Unappropriated 80,460,374,600 103,546,006,597

Equity attributable to owners of the company 153,485,951,525 349,218,941,601

Non controlling interest 75,936,871,651 96,187,627,166
TOTAL EQUITY 229,422,823,176 445,406,568,767
TOTAL LIABILITIES AND EQUITY 498,701,656,995 887,748,699,687
ALKINDO NARATAMA Tbk (ALDO)
ec-19 Dari sub Total Dari Total
2019 2017 2018 2019 2017 2018
Rp % % % % %

18,838,991,531 2.61% 4.59% 3.57% 1.83% 2.63%

4,737,673,263 2.56% 1.24% 0.90% 1.79% 0.71%

225,753,535,259 52.63% 50.38% 42.82% 36.79% 28.81%

1,174,775,622 0.07% 0.13% 0.22% 0.05% 0.08%

257,163,046,834 37.58% 38.72% 48.78% 26.27% 22.14%

994,011,827 0.00% 0.19% 0.00% 0.00%

13,661,596,255 4.13% 4.08% 2.59% 2.88% 2.34%
4,888,788,339 0.42% 0.86% 0.93% 0.30% 0.49%
527,212,418,930 100.00% 100.00% 100.00% 69.91% 57.18%

2,961,481,558 1.61% 1.61% 0.74% 0.48% 0.72%

393,219,454,865 98.38% 98.38% 98.82% 29.60% 41.47%

1,592,250,000 0.00% 0.00% 0.40% 0.00% 0.42%

128,844,154 0.01% 0.01% 0.03% 0.00% 0.20%
397,902,030,577 100.00% 100.00% 100.00% 30.09% 42.82%
925,114,449,507 100.00% 100.00%

47,900,219,384 28.30% 27.58% 16.46% 25.44% 19.55%

93,793,700 0.75% 0.12% 0.03% 0.68% 0.09%

159,740,984,638 64.93% 54.36% 54.88% 58.37% 38.53%
15,988,583,982 1.22% 3.88% 5.49% 1.10% 2.75%
8,460,245,812 1.83% 1.41% 2.91% 1.65% 1.00%
 893,445,992 0.00% 0.46% 0.31% 0.00% 0.33%
82,148,227 0.41% 0.09% 0.03% 0.37% 0.07%

54,649,832,136 2.12% 11.53% 18.78% 1.90% 8.17%

3,266,958,841 0.42% 0.57% 1.12% 0.38% 0.41%
291,076,212,712 100.00% 100.00% 100.00% 89.89% 70.88%

132,565,051 0.66% 0.23% 0.13% 0.07% 0.07%

80,254,071,610 64.25% 89.01% 79.75% 6.50% 25.93%

3,573,813,181 3.00% 1.43% 3.55% 0.30% 0.42%
16,671,480,683 32.10% 9.32% 16.57% 3.25% 2.71%
100,631,930,525 100.00% 100.00% 100.00% 10.11% 29.12%
391,708,143,237 100.00% 100.00%

110,000,000,000 23.97% 12.35% 20.62% 11.03% 6.20%

147,789,727,789 7.37% 3.80% 27.71% 3.39% 1.91%

-2,668,011,828 0.44% -0.35% -0.50% 0.20% -0.18%
2,193,000,000 0.96% 0.49% 0.41% 0.44% 0.25%

0 0.00% 38.85% 0.00% 0.00% 19.49%

200,000,000 0.04% 0.02% 0.04% 0.02% 0.01%

158,550,637,496 35.07% 23.25% 29.72% 16.13% 11.66%
416,065,353,457 66.90% 78.40% 78.00% 30.78% 39.34%
117,340,952,813 33.10% 21.60% 22.00% 15.23% 10.84%
533,406,306,270 100.00% 100.00% 100.00% 46.00% 50.17%
925,114,449,507 100% 100%
tal
2019
%

2.04%

0.51%

24.40%

0.13%

27.80%

0.11%
1.48%
0.53%
56.99%

0.32%

42.50%

0.17%
0.01%
43.01%
100.00%

12.23%

0.02%
40.78%
4.08%
2.16%
 0.23%
0.02%

13.95%
0.83%
74.31%

0.03%

20.49%
0.91%
4.26%
25.69%
100.00%

11.89%

15.98%
-0.29%
0.24%

0.00%

0.02%
17.14%
44.97%
12.68%
57.66%
100%
 PT. ALKINDO NARATAMA Tbk (A
31 Desember
Pos 2017 2018
Rp Rp
NET SALES 708,740,551,637 1,178,378,628,125
COST OF GOODS SOLD 588,935,699,382 917,114,487,650
GROSS PROFIT 119,804,852,255 261,264,140,475
Selling, general and administartive ex 70,120,926,011 108,661,053,458
Other operating income 685,976,337 1,753,132,739
Other operating expenses 2,355,470,476 8,268,574,962
INCOME FROM OPERATIONS 48,014,432,105 146,087,644,794
Finance income 28,080,052 99,294,712
Finance charges 9,420,721,207 29,159,396,808
INCOME BEFORE INCOME TAX EXPEN 38,621,790,950 117,027,542,698
INCOME TAX EXPENSE 9,586,395,553 31,997,590,693
NET INCOME AFTER THE EFFECT 85,029,952,005
PERFORMA ADJUSTMENT
Effect of performa adjustment 42,378,997,797
NET INCOME 29,035,395,397 42,650,954,208
 PT. ALKINDO NARATAMA Tbk (ALDO)
ember Dari Sub Total Dari Total
2019 2017 2018 2019 2017 2018
Rp % % % % %
1,096,435,817,888 100% 100% 100%
821,595,543,791 83% 78% 75%
274,840,274,097 17% 22% 25%
134,770,148,327 10% 9% 12%
5,400,125,375 0% 0% 0%
2,028,297,297 0% 1% 0%
143,441,953,848 7% 12% 13%
106,669,998 0% 0% 0%
21,611,314,605 1% 2% 2%
121,937,309,241 5% 10% 11%
31,211,431,854 1% 3% 3%
90,725,877,387 0% 7% 8%
12,304,142,032 0% 4% 1%
78,421,735,355 4% 4% 7%
ari Total
2019
%