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facilities and loans from non-bank financial institutions taken by the Company to finance its factory construction project.
c. Deferred Tax Liabilities December 31, 2016 compared to December 31, 2015
The total deferred tax liabilities of the Company for the year ended on December 31, 2016 increased by Rp165,975,897,096 or 360.0, from Rp46,102,573,417 in the year ended on December 31, 2015, to
Rp212,078,470,513. The increase was mainly due to deferred tax liabilities arising from gain on revaluation of fixed assets as a result of the revaluation of land and building conducted by the Company
in 2016.
December 31, 2015 compared to December 31, 2014
The total deferred tax liabilities of the Company for the year ended on December 31, 2015 decreased by Rp3,173,479,578 or 6.4, from Rp49,276,052,995 in the year ended on December 31, 2014, to
Rp46,102,573,417. The decrease was mainly due to a decrease in deferred tax liabilities arising from gain on revaluation of fixed assets, which decreased due to the disposal of the Company’s fixed assets.
d. Total Current Liabilities December 31, 2016 compared to December 31, 2015
The total current liabilities of the Company for the year ended on December 31, 2016 increased by Rp152,111,438,182 or 16.0, from Rp949,247,290,491 in the year ended on December 31, 2015, to
Rp1,101,358,728,673. The increase was mainly due to the increase in bank and non-bank financial institution loans which was the result of the depreciation of the Rupiah against the USD.
December 31, 2015 compared to December 31, 2014
The total current liabilities of the Company for the year ended on December 31, 2015 increased by Rp226,688,350,180 or 31.4, from Rp722,558,940.311 in the year ended on December 31, 2014, to
Rp949,247,290,491. The increase was mainly due to additional bank and non-bank financial institution loans taken by the Company to finance the construction of Interkraft’s factory and for its working capital
requirements.
e. Total Non-current Liabilities December 31, 2016 compared to December 31, 2015
