PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six months ended June 30, 2008 and 2007 Expressed in rupiah, unless otherwise stated
37
18. 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
4,286,311,205,581 202,879,871,131
- -
4,489,191,076,712 Inter-segment sales
108,561,387,150 -
- 108,561,387,150
-
Total Revenues 4,394,872,592,731
202,879,871,131 -
108,561,387,150 4,489,191,076,712
RESULTS Segment results
1,115,338,202,814 19,410,487,149
- -
1,095,927,715,665 Equity in net earnings of
associated companies - net -
- 5,168,268,159
- 5,168,268,159
Corporate income tax expense
329,566,793,804 INCOME
BEFORE MINORITY INTEREST
771,529,190,020 MINORITY INTEREST
786,244,393 NET INCOME
770,742,945,627 ASSETS AND LIABILITIES
Segment assets 11,175,879,422,902
302,357,698,539 1,107,548,400
808,898,883,698 10,670,445,786,143
Long-term investments and advances
to associated
company - net -
- 53,848,182,389
- 53,848,182,389
Net deferred tax assets and
prepayments of
income taxes 8,903,633,576
17,074,170,319 -
- 25,977,803,895
Total Assets 11,184,783,056,478
319,431,868,858 54,955,730,789
808,898,883,698 10,750,271,772,427
Segment liabilities 3,156,230,949,047
140,318,500,312 -
808,922,832,612 2,487,626,616,747
Net deferred tax liabilities 686,656,488,448
- -
- 686,656,488,448
Total Liabilities - excluding deferred gain on sale-and-
leaseback transactions - net 3,842,887,437,495
140,318,500,312 -
808,922,832,612 3,174,283,105,195
Depreciation, amortization
and depletion expenses
283,530,923,316 3,921,817,622
- -
287,452,740,938 Capital expenditures
190,720,413,037 888,635,535
- -
191,609,048,572 Non-cash expenses other than
depreciation, amortization and depletion
expenses: Provision for post-retirement
benefits 15,488,199,000
801,763,500 -
- 16,289,962,500
Provision for healthcare benefits 1,524,725,000
- -
- 1,524,725,000
Provision for doubtful accounts -
240,000,000 -
- 240,000,000
The aggregates quarry business is the business of GTM which was acquired in July 2007.
PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six months ended June 30, 2008 and 2007 Expressed in rupiah, unless otherwise stated
38
18. SEGMENT INFORMATION continued
