PUBLIC EXPOSE - Indocement Tunggal Prakarsa, PT.

FINANCIAL RESULTS 2012
Consolidated Income Statement
2012 2011 Change Comments
Sales Volume (k Tons)
In Billion IDR
17,977 16,009 12% Higher domestic sales by 16,1% offset with
lower export sales by 84.5%
Net Revenues 17,290 13,888 25% Higher domestic sales volume with increase of
domestic selling price by 7% in 2012
Cost of Revenues (9,020) (7,453) 21% Higher production volume & higher energy
costs has resulted cost of revenues increase
by 21% but cost revenues per ton increased
only by 8% since a lot of cost-efficiency
program has been implemented
Gross Profit
as % of Net Revenues
8,270
47.8%
6,435
46.3%
29%
Operating Expenses
(2,425)
(2,008)
21%
Higher logistics cost due higher sales volume
and higher tariff.
Other Operating Income /
(Expenses)
32
(9)
451%
Higher other operating income mainly due to
increase in scrap sales and income received
from Wold Bank regarding Certified Emition
Reduction (CER) of blended cement
Operating Profit
as % of Net Revenues
5,877
34,0%
4,418
31.8%
33%
EBITDA
as % of Net Revenues
6,650
38,5%
5,082
36.6%
31%
Finance Income (Cost) 354 282 26% In line with increase in cash & cash equivalent
in 2012
Equity in Net Earnings of
9 8 8%
Associated Companies
NET INCOME FOR THE
PERIOD
4,763 3,602 32%
Attributable to owners of
the company
Attributable to non
controlling interest
4,760 3,597 32%
3 5 -35%
17