PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three months ended March 31, 2007 and 2006 Expressed in rupiah, unless otherwise stated
40
19. SEGMENT INFORMATION continued
GEOGRAPHICAL SEGMENTS continued
2007 2006
ASSETS based on location of assets Domestic
9,503,151,246,465 10,313,431,581,649 CAPITAL EXPENDITURE based on
location of assets Domestic
73,636,555,499 47,212,116,782
Export sales were coursed through HCT, a related company which is domiciled in Singapore Note 24l.
Most of the Company’s sales are coursed through DAP’s sub-distributors. There were no aggregate sales to any individual customersub-distributor which exceeded 10 of net revenues in 2007 and
2006 Note 24j.
20. COST OF REVENUES
The details of cost of revenues are as follows:
2007 2006
Raw materials used 158,630,678,057
155,080,361,294 Direct labor
76,785,306,617 75,468,471,977
Fuel and power 420,498,399,000
491,093,950,997 Manufacturing overhead
239,935,747,749 212,083,925,364
Total Manufacturing Cost 895,850,131,423
933,726,709,632 Work in Process Inventory
At beginning of period 113,362,558,381
108,997,225,500 At end of period
89,990,614,204 136,335,071,509 Cost of Goods Manufactured
919,222,075,600 906,388,863,623
Finished Goods Inventory At beginning of period
66,209,610,931 68,680,550,631
Others 744,782,311
124,095,091 At end of period
58,981,752,995 102,725,871,985
Cost of Goods Sold before Packing Cost 927,194,715,847
872,219,447,178 Packing Cost
80,139,714,026 67,411,360,310
Total Cost of Revenues 1,007,334,429,873
939,630,807,488
Liabilities related to manufacturing costs which had been incurred but not yet billed to the Company and Subsidiaries amounting to Rp60,119,364,394 and Rp59,019,427,694 as of March 31, 2007 and
2006, respectively, are presented as part of “Accrued Expenses” in the consolidated balance sheets.
There are no aggregate purchases from any individual supplier which exceeded 10 of consolidated revenues.
PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three months ended March 31, 2007 and 2006 Expressed in rupiah, unless otherwise stated
41
21. OPERATING EXPENSES
