Lautan Luas

Key Financial Highlights

in billion IDR

CONSOLIDATED INCOME STATEMENT

1H 2021

2020201920182017
Revenue

3.076

5.5926.5357.0766.597
Gross Profit

603

1.1751.2811.2891.207
Gross Margin

19,62%

21,01%

19,61%

18,22%

18,29%

Operating Expenses

(368)

(776) (874) (839) (860)
Other Operating Income/(Expenses)

(12)

(68) 40 (12) 20
Income from Operation

224

331 447 438 366
Finance Costs (Nett)

(54)

(165) (209) (194) (150)
Income/(Loss) from Affiliates

19

31 66 64 38
Net Income

77

75 181 200 150
Comprehensive Income

84

118

118 281 210
EBITDA

368

645 656 694 553

CONSOLIDATED BALANCE SHEET

1H 20212020201920182017
Cash & Cash Equivalent 469 376 86 144 125
Trade Receivables 840 817 1.084 1.210 1.333
Inventories 730 746 1.163 1.287 885
Others 255 200 175 202 235
Current Assets 2.295 2.138 2.508 2.843 2.578
Fixed Assets 1.836 1.829 1.881 1.902 1.953
Others 1.517 1.557 1.474 1.574 1.239
Non Current Assets 3.353 3.386 3.355 3.476 3.192
Total Assets 5.648 5.524 5.863 6.318 5.769
Trade Payables 886 829 1.078 1.247 1.001
Short-term Bank Loans 953 1.103 1.329 1.544 716
Current Maturities of Long-terms Debts 237 49 372 36 778
Others 288 209 192 161 144
Current Liabilities 2.364 2.190 2.972 2.987 2.638
Long-term Debts 691 807 488 997 1.038
Others 269 284 243 209 222
Non-Current Liabilities 961 1.091 731 1.206 1.260
Total Liabilities 3.325 3.281 3.703 4.193 3.898
Equity 2.323 2.243 2.160 2.125 1.871
Total Liabilities & Equity 5.648 5.524 5.863 6.318 5.769

KEY PERFORMANCE RATIO

1H 20212020201920182017
Asset Growth (%)

2,24

(5,78)

(7,20)

9,52

1,96

Revenue Growth (%)

10,02*

(14,42)

(7,66)

7,27

2,47

Gross Margin (%)

19,62

21,01

19,61

18,22

18,29

Operating Margin (%)

7,29

5,92

6,84

6,19

5,55

EBITDA **/Net Int. Exp. *** (X)

6,79

3,92

3,14

3,59

3,68

Net Debt ****/Equity (X)

0,61

0,71

0,97

1,14

1,29

Net Debt ****/EBITDA** (X)

1,92

2,45

3,21

3,50

4,36

Current Ratio (X)

0,97

0,98

0,84

0,95

0,98

*Revenue Growth 1H 2021 is being annualized
** EBITDA does not include foreign exchange gains or losses for the relevant period
*** Net Interest Expense is defined as Interest Expense less Interest Income
**** Net Debt is defined as Total Interest Bearing Loans less Cash & Cash Equivalents