These consolidated financial statements are originally issued in Indonesian language.
PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three months ended March 31, 2008 and 2007 Expressed in rupiah, unless otherwise stated
37
19. SEGMENT INFORMATION BUSINESS
SEGMENTS The Company and Subsidiaries’ businesses are grouped into three major operating businesses:
cement, ready mix concrete and aggregates quarry, and other business. The main activities of each operating business are as follows:
Cement : Produce and sell several types of cement
Ready mix concrete and aggregates quarry
: Produce and sell ready mix concrete and aggregates Other business
: Invest in associated companies
The Company and Subsidiaries’ business segment information is as follows:
2008 Ready Mix Concrete
and Aggregates
Cement Quarry
Other Business Elimination
Consolidation
REVENUES Sales to external customers
1,964,921,542,216 87,566,412,113
- -
2,052,487,954,329 Inter-segment sales
46,380,575,088 -
- 46,380,575,088
-
Total Revenues 2,011,302,117,304
87,566,412,113 -
46,380,575,088 2,052,487,954,329
RESULTS Segment results
545,062,252,515 8,942,305,741
- -
536,119,946,774 Equity in net earnings of
associated companies - net -
- 2,164,803,441
- 2,164,803,441
Corporate income tax expense
160,746,477,133 INCOME
BEFORE MINORITY INTEREST
377,538,273,082 MINORITY INTEREST
511,067,428 NET INCOME
377,027,205,654 ASSETS AND LIABILITIES
Segment assets 10,677,871,742,808
240,911,097,824 1,107,548,400
613,295,071,539 10,306,595,317,493 Long-term investments and
advances to
associated company - net
- -
50,972,621,834 -
50,972,621,834 Net deferred tax assets
and prepayments
of income taxes
3,597,547,189 15,542,753,599
- -
19,140,300,788
Total Assets 10,681,469,289,997
256,453,851,423 52,080,170,234
613,295,071,539 10,376,708,240,115
Segment liabilities 2,868,418,518,022
112,878,783,609 -
614,071,245,830 2,367,226,055,801
Net deferred tax liabilities 679,821,394,983
- -
- 679,821,394,983
Total Liabilities - excluding deferred
gain on
sale-and- leaseback transactions - net 3,548,239,913,005
112,878,783,609 -
614,071,245,830 3,047,047,450,784
Capital expenditures 85,303,411,010
757,942,332 -
- 86,061,353,342
Depreciation, amortization
and depletion expenses
144,999,524,988 2,027,669,627
- -
147,027,194,615 Non-cash expenses other than
depreciation, amortization
and depletion
expenses: Provision
for post-retirement
benefits 7,744,099,500
400,881,750 -
- 8,144,981,250
Provision for healthcare benefits 762,362,500
- -
- 762,362,500
Provision for doubtful accounts -
120,000,000 -
- 120,000,000
The aggregates quarry business is the business of GTM which was acquired in July 2007.
These consolidated financial statements are originally issued in Indonesian language.
PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Three months ended March 31, 2008 and 2007 Expressed in rupiah, unless otherwise stated
38
19. SEGMENT INFORMATION continued