PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three Months ended March 31, 2005 and 2004 Expressed in rupiah, unless otherwise stated
35
17. SEGMENT INFORMATION BUSINESS SEGMENTS
The Company and Subsidiaries’ businesses are grouped into three major operating businesses: cement, ready mix concrete and other business.
The main activities of each operating business are as follows: Cement
: Produce and sell several types of cement Ready mix concrete
: Produce and sell ready mix concrete Other business
: Investing activity The Company and Subsidiaries’ business segment information is as follows:
2005 Cement
Ready Mix Concrete Other Business
Elimination Consolidation
REVENUES Sales to external customers
1,136,010,674,858 66,325,873,841
- -
1,202,336,548,699 Inter-segment sales
28,638,143,183 -
- 28,638,143,183
-
Total Revenues 1,164,648,818,041
66,325,873,841 -
28,638,143,183 1,202,336,548,699
RESULTS Segment results
213,708,991,741 3,324,336,777
- 1,811,983,611
218,845,312,129 Equity in net earnings of
associated companies -
- 2,256,329,343
- 2,256,329,343
Corporate income tax expense
71,709,828,314 NET INCOME
149,391,813,158 ASSETS AND LIABILITIES
Segment assets 9,911,485,042,605
152,006,965,780 2,796,455,509
303,662,136,561 9,762,626,327,333
Long-term investments and advances to associated
companies - net -
- 45,171,836,469
- 45,171,836,469
Net deferred tax assets and prepayments of
income taxes 47,201,493,567
3,705,848,746 -
- 50,907,342,313
Total Assets 9,958,686,536,172
155,712,814,526 47,968,291,978
303,662,136,561 9,858,705,506,115
Segment liabilities 5,143,185,549,626
68,705,811,262 690,000,000
304,083,040,759 4,908,498,320,129
Net deferred tax liabilities 131,683,591,548
- -
- 131,683,591,548
Total Liabilities excluding deferred gain on sale-and-
leaseback transaction - net 5,274,869,141,174 68,705,811,262
690,000,000 304,083,040,759
5,040,181,911,677
Capital expenditure 35,431,586,422
87,695,658 -
- 35,519,282,080
Depreciation, amortization and depletion expenses
104,653,118,711 1,836,597,030
- -
106,489,715,741 Non-cash expenses other than
depreciation, amortization and depletion expenses
Provisions for doubtful accounts -
120,000,000 -
- 120,000,000
Provision for employee benefits 6,870,062,247
- -
- 6,870,062,247
PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three Months ended March 31, 2005 and 2004 Expressed in rupiah, unless otherwise stated
36
17. SEGMENT INFORMATION continued
