36
d. Advances for purchase of current assets December 31, 2016 compared to December 31, 2015
The total advances for purchase of current assets of the Company for the year ended on December 31, 2016 increased by Rp35,407,177,952 or 121.0, from Rp29,251,710,800 in the year ended on
December 31, 2015, to Rp64,658,888,752. The increase was mainly due to increased advances paid by the Company for the purchase of wood raw materials as a result of an increased purchase of raw
materials to meet production requirements.
e. Total Current Assets December 31, 2016 compared to December 31, 2015
The total assets of the Company for the year ended on December 31, 2016 increased by Rp315,629,659,156 or 31.2, from Rp1,012,072,609,385 in the year ended on December 31, 2015, to
Rp1,327,702,268,541. The increase was mainly due to the increase in inventories and raw material inventories.
December 31, 2015 compared to December 31, 2014
The total assets of the Company for the year ended on December 31, 2015 increased by Rp297,194,164,749 or 41.6, from Rp714,878,444,636 in the year ended on December 31, 2014, to
Rp1,012,072,609,385. The increase was mainly due to the increase in inventories.
f. Fixed assets – net December 31, 2016 compared to December 31, 2015
The net fixed assets of the Company for the year ended on December 31, 2016 increased by Rp688,074,444,754 or 72.1, from Rp954,784,745,618 in the year ended on December 31, 2015, to
Rp1,642,859,190,372. The increase was mainly due to the revaluation on fixed assets for the Company’s land and building in Sidoarjo and Lamongan, which resulted in an increase of fixed assets by
Rp591,090,336,931.
December 31, 2015 compared to December 31, 2014
The net fixed assets of the Company for the year ended on December 31, 2015 increased by Rp209,029,132,601 or 28.0, from Rp745,755,613,017 in the year ended on December 31, 2014, to
Rp954,784,745,618. The increase was mainly due to purchase and construction of new land and building for the Company’s production facility in Lamongan.
g. Advances for purchase of non-current assets December 31, 2016 compared to December 31, 2015
