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FINANCIAL OVERVIEW FINANCIAL POSITION OVERVIEW
Consolidated Statements of Financial Position
As of December 31, 2014
2013 2012
Rp billion US million
Rp billion Rp billion
Total Current Assets 33,762
2,726 33,075
27,973 Total Non-Current Assets
107,133 8,650
94,876 83,396
Total Assets 140,895
11,376 127,951
111,369
Total Current Liabilities 31,786
2,566 28,437
24,107 Total Non-Current Liabilities
22,984 1,856
22,090 20,284
Total Liabilities 54,770
4,422 50,527
44,391 Total equity attributable to owners of the parent
company 67,807
5,475 60,542
51,541
As re-stated, see Note 48 to the Consolidated Financial Statements 2012
Year ended December 31, 2014 compared to year ended December 31, 2013 1. Assets
a. Current Assets
As of December 31, 2014, our current assets were Rp33,762 billion US2,726 million compared to Rp33,075 billion as of December 31, 2013. The increase in current assets was mainly due to an increase in our cash and cash equivalents by
Rp2,976 billion, or 20.3 and Rp796 billion, or 20.2 in our advances and prepaid expenses. This increase was partially offset by a decrease of Rp4,075 billion, or 59.3 in our other current financial assets.
b. Non Current Assets
As of December 31, 2014 our non current assets were Rp107,133 billion US8,650 million and Rp94,876 billion as of December 31, 2013. This increase was due to:
- An increase in property, plant and equipment-net accumulated depreciation by Rp8,048 billion, or 9.3, - An increase in long term investment-net of Rp1,463 billion or 481.3, and
- An increase in our advanced and other non-current asset of Rp1,684 billion, or 35.1.
2. Liabilities dan Equity a. Current Liabilities
Current liabilities were Rp31,786 billion US2,566 million as of December 31, 2014 and Rp28,437 billion as of December 31, 2013. This increase was primarily due to:
- An increase of Rp1,378 billion, or 319.0 , in short-term bank loans, - An increase of Rp806 billion or 15.8, in current maturities of long-term liabilities, and
- An increase of Rp678 billion, or 39.9, in tax payable.
b. Non Current Liabilities
Non current liabilities were Rp22,984 billion US1,856 juta as of December 31, 2014 and Rp22,090 billion as of December 31, 2013. The increase was partially due to increase in bank loans of Rp2,243, or 39.8. This increase was partially offset by
a decrease in bond and notes of Rp834 billion, or 27.1.
c. Equity
Total equity increase by Rp8,701 billion, or 11.2, from Rp77,424 billion as of December 31, 2013 to Rp86,125 billion as of December 31, 2014. The increase of equity was primarily the result of total comprehensive income for the year attributable to
owners of the parent of Rp21,470 billion in 2014, the sale of treasury stock of Rp1,969 billion, increase in paid in capital by Rp576 billion. This increase offset by cash deviden of Rp9.943,6 billion. Our retained earnings increase by Rp4,695 billion,
or 8.0, and total equity attributable to owner of the parent increase by Rp7,265 billion, or 12.0, from Rp60,542 billion as of December 31, 2013 to Rp67,807 billion as of December 31, 2014.
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Year ended December 31, 2013 compared to year ended December 31, 2012 1. Assets
a. Current Assets
As of December 31, 2013, our current assets were Rp33,075 billion US2,718 million compare to Rp27,973 billion as of December 31, 2012. The increase in current assets was mainly due to the increase of Rp2,534 billion, or 58.4, in other
current financial assets and in cash and cash equivalents Rp1,578 billion, or 12.0, and our third party trade receivable of Rp604 billion, or 13.3. This increase was partially offset by a decrease of Rp426 billion, or 97.7, in claim for tax refund.
b. Non Current Assets
As of December 31, 2013 our non current assets were Rp94,876 billion US7,796 million and Rp83,396 billion as of December 31, 2012. This increase was primarily due to an increase in property, plant and equipment of Rp9,714 billion, or
12.6, and advance and prepaid expense of Rp1,784 billion or 50.8. This increase was partially offset by a decrease of Rp105 million, or 10.2, in prepaid pension benefit costs.
2. Liabilities dan Equity a. Current Liabilities
