IR PTKS Q12013 Results
Q1 2013 RESULTS
Jakarta, May 2013
ANNOUNCEMENT OF FULL YEAR 2012 RESULTS
PT Krakatau Steel (Persero) Tbk.
IDX
: KRAS
Reuters
: KRAS.JK
Bloomberg
: KRAS.IJ
Description (USD mn)
Revenue
Cost of Revenues
Financial Highlights
Market Capitalization - as of March 31, 2013
(IDR million)
10,411,500
Issued shares - as of March 31, 2013
(million shares)
15,775
Share price (Closing), IDR
2 January 2013
31 March 2013
3 month high
3 month low
640
660
680
640
Shareholders composition - as of March 31, 2013
Government of Indonesia
80.00%
Public
20.00%
Board of Directors
President Director
Irvan Kamal Hakim
Production Director
Hilman Hasyim
Finance Director
Sukandar
Marketing Director
Yerry
Logistics Director
Imam Purwanto
Human Resources Director
Dadang Danusiri
Technology and Business
Development Director
Widodo Setiadharmaji
Consolidated Subsidiaries
PT Krakatau Wajatama
PT KHI Pipe Industries
PT Meratus Jaya Iron & Steel
PT Krakatau Daya Listrik
PT Krakatau Tirta Industri
PT Krakatau Bandar Samudera
PT Krakatau Industrial Estate Cilegon
PT Krakatau Engineering
PT Krakatau Information Technology
PT Krakatau Medika
Gross Profit
Operating Expenses
Operating Income
EBITDA
Net Income
EPS (Rp/share)
Total Assets
Interest Expenses
Ratio
Gross Margin
Operating Margin
Net Margin
EBITDA Margin
Debt to Equity
Debt to Assets
Return on Equity (ROE) *
Return on Assets (ROA) *
Q1 2013
616.0
564.0
Q1 2012
598.9
566.8
Change (%)
2.9
-0.5
51.9
43.7
32.1
38.5
61.9
13.4
15.6
39.8
9.1
0.0
2,490.6
(9.7)
1.2
22.8
10.9
0.0
2,561.9
(12.2)
1,237.1
74.3
-16.4
-16.4
-2.8
-20.7
Q1 2013
8.43%
2.53%
1.48%
6.47%
88.39%
39.99%
0.81%
0.36%
Q1 2012
5.36%
0.19%
1.82%
3.82%
88.11%
38.38%
0.98%
0.44%
* return Q1 2013 & Q1 2012 in 3 months
Starting from FY 2012, the company changed the presentation
currency of the consolidated financial statements from Rupiah to US
Dollar in accordance with the adoption of PSAK No. 10.
Net revenues in Q1 2013 increased 2.9% Year-on-Year (YoY) to US$
616.0 million, triggered by a 2.3% YoY increase in steel sales volume
and contribution from non-steel revenues, mainly from the
engineering and construction services.
Cost of revenues, on the other hand, decreased 0.5% YoY to US$
564.0 million due to lower inventory of finished goods. As a result, the
company posted a 61.9% YoY increase in gross profit despite lower
average selling prices.
Net income decreased 16.4% YoY to US$ 9.1 million due to lower
foreign exchange gain and share in loss of associates of US$ 1.6
million.
EBITDA grew 74.3% YoY to US$ 39.8 million, in line with an increase
in operating income.
Website
http://www.krakatausteel.com
Investor Relations
Jakarta Office
PT Krakatau Steel (Persero) Tbk.
Gedung Krakatau Steel, lantai 9
Jl. Jend. Gatot Subroto Kav. 54
Jakarta Selatan 12950
Cilegon Office
Gedung ADB, Jl. Industri No. 5 P.O.Box 14
Cilegon, Banten 42435
DISCLAIMER
Phone
Fax
Email
: (+62 21) 5253552
: (+62 21) 5200661
: [email protected]
Phone
Fax
Email
: (+62 254) 372301
: (+62 254) 372303
: [email protected]
This document contains financial conditions and result of operation, and may also contain certain projections, plans,
strategies, and objectives of the Company, which would be treated as forward looking statements within the
meaning of applicable law. Forward looking statements, by their nature, involve risk and uncertainty that could
cause actual results and development to differ materially from those expressed or implied in these statements. PT
Krakatau Steel (Persero) Tbk does not guarantee that any action, which should have been taken in reliance on this
document will bring specific results as expected.
Q1 2013 RESULTS
MARKETING RESULTS
Steel Sales
(tons)
HRC
CRC
WR
Bars
Sections
Pipes (spiral & ERW)
Others
Total
Q1 2013
Q1 2012
Change (%)
334,485
164,554
60,598
58,984
24,492
24,106
3,123
670,342
306,646
146,676
80,956
69,806
29,418
15,536
0
649,039
9.1
12.2
-25.1
-15.5
-16.7
55.2
Q1 2013
Q1 2012
Change (%)
716
818
719
718
784
1,205
738
848
767
695
887
1,167
-2.9
-3.5
-6.2
3.3
-11.7
3.2
3.3
Market Analysis
Average Selling Price
USD/ton
HRC
CRC
WR
Bars
Sections
Pipes (spiral & ERW)
Sections
3.65%
Sales Volume
Pipes (spiral &
ERW)
3.60%
Bars
8.80%
Steel prices started to pick up in Q4 2012 and continued
to Q1 2013. However, prices remained lower compared to
Q1 2012.
HRC
49.90%
WR
9.04%
Steel demand in the domestic market remained strong
and triggered the increase in the company’s steel sales
volume.
CRC
24.55%
100%
OPERATIONAL RESULTS
Production (tons)
Sponge Iron
Slab
HRC
Q1 2013
156,094
157,841
512,077
81%
Q1 2012
34,477
135,646
487,632
Change (%)
352.7%
16.4%
5.0%
85%
80%
60%
42%
40%
20%
30%
35%
9%
0%
Direct Reduction
Slab Steel Plant
Plant
Q1 2012
Q1 2013
Hot Strip Mill
Production of HRC in Q1 2013 increased 5.0% YoY to 512,077 tons and utilization rose to 85%. Production of sponge
iron and slab steel rose 352.7% YoY and 16.1% YoY to 156,094 tons and 157,841 tons, respectively.
The company decreased slab steel production due to lower sponge iron supply from the Direct Reduction Plant (DRP).
and purchased slabs to substitute the decrease in slab steel supply.
PT Krakatau Steel (Persero) Tbk - 2
Q1 2013 RESULTS
BALANCE SHEET (in million US dollar)
NERACA
3/31/2013
Unaudited
12/31/2012
Audited
BALANCE SHEET
ASET
ASET LANCAR
Kas dan setara kas
Investasi jangka pendek
Deposito yang dibatasi penggunaannya
Piutang Usaha - bersih
Piutang lain-lain - bersih
Persediaan - bersih
Uang muka dan biaya dibayar dimuka
Pajak dibayar dimuka
Jumlah Aset Lancar
217.9
16.2
4.1
414.5
32.4
534.6
54.9
25.9
1,300.5
270.3
7.8
4.1
391.6
20.9
652.4
40.9
11.6
1,399.7
ASSETS
CURRENT ASSETS
Cash & cash equivalents
Short-term investments
Restricted time deposits
Trade receivables (net)
Other receivables (net)
Inventories (net)
Advances and prepaid expenses
Prepaid taxes
Total Current Assets
ASET TIDAK LANCAR
Taksiran tagihan pajak
Investasi pada saham - bersih
Aset pajak tangguhan - bersih
Aset tetap - bersih
Aset lain-lain
Jumlah Aset Tidak Lancar
JUMLAH ASET
84.9
249.7
22.8
794.0
38.7
1,190.1
2,490.6
77.0
244.4
20.1
748.9
71.9
1,162.3
2,561.9
NON CURRENT ASSETS
Estimated claims for tax refund
Investments in shares of stock (net)
Deferred tax assets (net)
Fixed Asset (net)
Other assets
Total Non Current Assets
TOTAL ASSETS
LIABILITAS DAN EKUITAS
LIABILITAS LANCAR
Hutang bank jangka pendek
Hutang usaha
Hutang lain-lain
Hutang pajak
Biaya yang masih harus dibayar
Liabilitas imbalan kerja jangka pendek
Uang muka penjualan dan lainya
Bagian pinjaman jk panjang yg jth tempo 1 th
Bagian liabilities jk panjang yg jth tempo 1 th
Jumlah Liabilitas Lancar
LIABILITAS TIDAK LANCAR
Liabilities pajak tangguhan - bersih
Uang muka konstruksi, bagian jangka panjang
Pinjaman jk panjang stl dikurangi jth tempo 1 th
Liabilities jk panjang stl dikurangi jth tempo 1 th
Liabilitas imbalan kerja jangka panjang
Jumlah Liabilitas Tidak Lancar
JUMLAH LIABILITAS
814.7
177.1
19.7
36.0
22.4
11.0
58.4
16.8
0.4
1,156.6
807.4
264.5
14.7
29.5
24.6
11.0
71.2
21.1
0.4
1,244.4
3.4
164.5
7.8
31.6
207.2
1,363.8
2.1
154.8
6.9
37.7
201.5
1,446.0
EKUITAS
Modal saham
SHAREHOLDER'S EQUITY
Share capital
nominal Rp.500 (angka penuh) per saham pada tanggal
30 September 2010 dan 31 Desember 2010
nominal Rp.1.000.000 (angka penuh) per saham pada
tanggal 1 Januari 2010/31 Desember 2009
Par valuel Rp.500 (full amount) per share as of
September 30, 2011 and December 31, 2010
par value Rp.1,000,000 (full amount) per share as of
January 1, 2010/December 31, 2009
Modal dasar
Authorized capital
40.000.000.000 saham pada tahun 2011 dan 2010
40.000.000.000 shares in 31/3/2011 and 31/12/2010
8.000.000.000 saham pada 31 Maret 2010
Modal ditempatkan dan disetor penuh
8.000.000.000 shares in 31 Maret 2010
856.0
856.0
15.775.000.000 saham pada tahun 2011 dan 2010
Issued and fully paid
15.775.000.000 shares in 31/3/2011 dan 31/12/2010
2.000.000 saham pada 31 Maret 2010
Tambahan modal disetor
Pendapatan komprehensif lainnya
Saldo laba
Dicadangkan
Tidak dicadangkan
Saldo laba, net
Kepentingan Non Pengendali
Total Ekuitas
JUMLAH LIABILITAS DAN EKUITAS
LIABILITIES
Current Liabilities
Short-term bank loans
Trade payables
Other payables
Taxes payable
Accrued expenses
Short-term employee benefits liabilities
Sales and other advances
Current portion of LT loans
Current portion of LT liability
Total Current Liabilities
NON CURRENT LIABILITIES
Deferred tax liabilities, net
Advance for construction, long term portion
LT loans, net of current portion
LT liabilities, net of current portion
LT employee benefits liabilities
Total Non Current Liabilities
TOTAL LIABILITIES
2.000.000 shares in 31 Maret 2010
117.0
(2.5)
117.0
(5.3)
146.8
(9.3)
137.6
18.8
1,126.8
2,490.6
146.8
(18.4)
128.5
19.9
1,116.0
2,561.9
Additional paid-in capital, net
Other comprehensive income
Retained earnings
Appropriiated
Unappropriated
Retain Earning, net
Non-controlling interest
Equities, net
TOTAL LIABILITIES AND EQUITY
See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.
PT Krakatau Steel (Persero) Tbk - 3
Q1 2013 RESULTS
INCOME STATEMENT (in million US dollar)
LAPORAN LABA RUGI
Pendapatan bersih
Beban pokok pendapatan
Laba (rugi) kotor
Beban penjualan
Beban umum dan administrasi
Penjualan limbah produksi
Laba pengalihan aset tetap
Laba pematangan tanah
Pendapatan lain-lain
Beban lain-lain
Laba operasi
Bagian laba (rugi) dari entitas asosiasi
Pendapatan keuangan
Laba selisih kurs, neto
Beban keuangan
Laba sebelum beban (manfaat) pajak
Beban (manfaat) pajak - bersih
Laba (rugi) tahun berjalan
Pendapatan komprehensif lain
Selisih kurs karena penjabaran laporan keuangan
Entitas Anak - neto
Total pendapatan (rugi) komprehensif
Total laba (rugi) yang dapat diatribusikan
kepada:
Pemilik entitas induk
Kepentingan non pengendali
Total
Laba Per Saham Dasar dan Dilusian
3/31/2013
Unaudited
616.0
564.0
51.9
(14.2)
(25.8)
3.0
1.3
(0.6)
15.6
(1.6)
1.3
8.5
(9.7)
14.2
5.9
8.3
2.8
11.1
3/31/2012
Unaudited
PROFIT & LOSS STATEMENT
598.9
566.8
32.1
(11.5)
(23.2)
2.5
1.9
(0.6)
1.2
0.0
2.4
17.5
(12.2)
8.9
(1.8)
10.7
(2.0)
8.7
Net Revenues
Cost of Revenues
Gross Profit
Selling expenses
General and administrative expenses
Sales of waste products
Gain on transfer of fixed asset
Gain on site preparation work
Other income
Other expenses
Income from Operations
Share in profit (loss) of associates
Finance income
Gain on foreign exchange, net
Finance expenses
Income Before Tax
Tax Expense (Benefit)
Profit (loss) for the year
Other comprehensive income
Difference in foreign currency translation
of the financial statements of Subsidiaries
Total comprehensive income (loss)
Total profit (loss) attributable to:
9.1
(0.8)
8.3
0.0005
10.9
(0.2)
10.7
0.0007
Owners of the parent entity
Non-controlling interests
Basic Income Per Share
See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.
PT Krakatau Steel (Persero) Tbk - 4
Jakarta, May 2013
ANNOUNCEMENT OF FULL YEAR 2012 RESULTS
PT Krakatau Steel (Persero) Tbk.
IDX
: KRAS
Reuters
: KRAS.JK
Bloomberg
: KRAS.IJ
Description (USD mn)
Revenue
Cost of Revenues
Financial Highlights
Market Capitalization - as of March 31, 2013
(IDR million)
10,411,500
Issued shares - as of March 31, 2013
(million shares)
15,775
Share price (Closing), IDR
2 January 2013
31 March 2013
3 month high
3 month low
640
660
680
640
Shareholders composition - as of March 31, 2013
Government of Indonesia
80.00%
Public
20.00%
Board of Directors
President Director
Irvan Kamal Hakim
Production Director
Hilman Hasyim
Finance Director
Sukandar
Marketing Director
Yerry
Logistics Director
Imam Purwanto
Human Resources Director
Dadang Danusiri
Technology and Business
Development Director
Widodo Setiadharmaji
Consolidated Subsidiaries
PT Krakatau Wajatama
PT KHI Pipe Industries
PT Meratus Jaya Iron & Steel
PT Krakatau Daya Listrik
PT Krakatau Tirta Industri
PT Krakatau Bandar Samudera
PT Krakatau Industrial Estate Cilegon
PT Krakatau Engineering
PT Krakatau Information Technology
PT Krakatau Medika
Gross Profit
Operating Expenses
Operating Income
EBITDA
Net Income
EPS (Rp/share)
Total Assets
Interest Expenses
Ratio
Gross Margin
Operating Margin
Net Margin
EBITDA Margin
Debt to Equity
Debt to Assets
Return on Equity (ROE) *
Return on Assets (ROA) *
Q1 2013
616.0
564.0
Q1 2012
598.9
566.8
Change (%)
2.9
-0.5
51.9
43.7
32.1
38.5
61.9
13.4
15.6
39.8
9.1
0.0
2,490.6
(9.7)
1.2
22.8
10.9
0.0
2,561.9
(12.2)
1,237.1
74.3
-16.4
-16.4
-2.8
-20.7
Q1 2013
8.43%
2.53%
1.48%
6.47%
88.39%
39.99%
0.81%
0.36%
Q1 2012
5.36%
0.19%
1.82%
3.82%
88.11%
38.38%
0.98%
0.44%
* return Q1 2013 & Q1 2012 in 3 months
Starting from FY 2012, the company changed the presentation
currency of the consolidated financial statements from Rupiah to US
Dollar in accordance with the adoption of PSAK No. 10.
Net revenues in Q1 2013 increased 2.9% Year-on-Year (YoY) to US$
616.0 million, triggered by a 2.3% YoY increase in steel sales volume
and contribution from non-steel revenues, mainly from the
engineering and construction services.
Cost of revenues, on the other hand, decreased 0.5% YoY to US$
564.0 million due to lower inventory of finished goods. As a result, the
company posted a 61.9% YoY increase in gross profit despite lower
average selling prices.
Net income decreased 16.4% YoY to US$ 9.1 million due to lower
foreign exchange gain and share in loss of associates of US$ 1.6
million.
EBITDA grew 74.3% YoY to US$ 39.8 million, in line with an increase
in operating income.
Website
http://www.krakatausteel.com
Investor Relations
Jakarta Office
PT Krakatau Steel (Persero) Tbk.
Gedung Krakatau Steel, lantai 9
Jl. Jend. Gatot Subroto Kav. 54
Jakarta Selatan 12950
Cilegon Office
Gedung ADB, Jl. Industri No. 5 P.O.Box 14
Cilegon, Banten 42435
DISCLAIMER
Phone
Fax
: (+62 21) 5253552
: (+62 21) 5200661
: [email protected]
Phone
Fax
: (+62 254) 372301
: (+62 254) 372303
: [email protected]
This document contains financial conditions and result of operation, and may also contain certain projections, plans,
strategies, and objectives of the Company, which would be treated as forward looking statements within the
meaning of applicable law. Forward looking statements, by their nature, involve risk and uncertainty that could
cause actual results and development to differ materially from those expressed or implied in these statements. PT
Krakatau Steel (Persero) Tbk does not guarantee that any action, which should have been taken in reliance on this
document will bring specific results as expected.
Q1 2013 RESULTS
MARKETING RESULTS
Steel Sales
(tons)
HRC
CRC
WR
Bars
Sections
Pipes (spiral & ERW)
Others
Total
Q1 2013
Q1 2012
Change (%)
334,485
164,554
60,598
58,984
24,492
24,106
3,123
670,342
306,646
146,676
80,956
69,806
29,418
15,536
0
649,039
9.1
12.2
-25.1
-15.5
-16.7
55.2
Q1 2013
Q1 2012
Change (%)
716
818
719
718
784
1,205
738
848
767
695
887
1,167
-2.9
-3.5
-6.2
3.3
-11.7
3.2
3.3
Market Analysis
Average Selling Price
USD/ton
HRC
CRC
WR
Bars
Sections
Pipes (spiral & ERW)
Sections
3.65%
Sales Volume
Pipes (spiral &
ERW)
3.60%
Bars
8.80%
Steel prices started to pick up in Q4 2012 and continued
to Q1 2013. However, prices remained lower compared to
Q1 2012.
HRC
49.90%
WR
9.04%
Steel demand in the domestic market remained strong
and triggered the increase in the company’s steel sales
volume.
CRC
24.55%
100%
OPERATIONAL RESULTS
Production (tons)
Sponge Iron
Slab
HRC
Q1 2013
156,094
157,841
512,077
81%
Q1 2012
34,477
135,646
487,632
Change (%)
352.7%
16.4%
5.0%
85%
80%
60%
42%
40%
20%
30%
35%
9%
0%
Direct Reduction
Slab Steel Plant
Plant
Q1 2012
Q1 2013
Hot Strip Mill
Production of HRC in Q1 2013 increased 5.0% YoY to 512,077 tons and utilization rose to 85%. Production of sponge
iron and slab steel rose 352.7% YoY and 16.1% YoY to 156,094 tons and 157,841 tons, respectively.
The company decreased slab steel production due to lower sponge iron supply from the Direct Reduction Plant (DRP).
and purchased slabs to substitute the decrease in slab steel supply.
PT Krakatau Steel (Persero) Tbk - 2
Q1 2013 RESULTS
BALANCE SHEET (in million US dollar)
NERACA
3/31/2013
Unaudited
12/31/2012
Audited
BALANCE SHEET
ASET
ASET LANCAR
Kas dan setara kas
Investasi jangka pendek
Deposito yang dibatasi penggunaannya
Piutang Usaha - bersih
Piutang lain-lain - bersih
Persediaan - bersih
Uang muka dan biaya dibayar dimuka
Pajak dibayar dimuka
Jumlah Aset Lancar
217.9
16.2
4.1
414.5
32.4
534.6
54.9
25.9
1,300.5
270.3
7.8
4.1
391.6
20.9
652.4
40.9
11.6
1,399.7
ASSETS
CURRENT ASSETS
Cash & cash equivalents
Short-term investments
Restricted time deposits
Trade receivables (net)
Other receivables (net)
Inventories (net)
Advances and prepaid expenses
Prepaid taxes
Total Current Assets
ASET TIDAK LANCAR
Taksiran tagihan pajak
Investasi pada saham - bersih
Aset pajak tangguhan - bersih
Aset tetap - bersih
Aset lain-lain
Jumlah Aset Tidak Lancar
JUMLAH ASET
84.9
249.7
22.8
794.0
38.7
1,190.1
2,490.6
77.0
244.4
20.1
748.9
71.9
1,162.3
2,561.9
NON CURRENT ASSETS
Estimated claims for tax refund
Investments in shares of stock (net)
Deferred tax assets (net)
Fixed Asset (net)
Other assets
Total Non Current Assets
TOTAL ASSETS
LIABILITAS DAN EKUITAS
LIABILITAS LANCAR
Hutang bank jangka pendek
Hutang usaha
Hutang lain-lain
Hutang pajak
Biaya yang masih harus dibayar
Liabilitas imbalan kerja jangka pendek
Uang muka penjualan dan lainya
Bagian pinjaman jk panjang yg jth tempo 1 th
Bagian liabilities jk panjang yg jth tempo 1 th
Jumlah Liabilitas Lancar
LIABILITAS TIDAK LANCAR
Liabilities pajak tangguhan - bersih
Uang muka konstruksi, bagian jangka panjang
Pinjaman jk panjang stl dikurangi jth tempo 1 th
Liabilities jk panjang stl dikurangi jth tempo 1 th
Liabilitas imbalan kerja jangka panjang
Jumlah Liabilitas Tidak Lancar
JUMLAH LIABILITAS
814.7
177.1
19.7
36.0
22.4
11.0
58.4
16.8
0.4
1,156.6
807.4
264.5
14.7
29.5
24.6
11.0
71.2
21.1
0.4
1,244.4
3.4
164.5
7.8
31.6
207.2
1,363.8
2.1
154.8
6.9
37.7
201.5
1,446.0
EKUITAS
Modal saham
SHAREHOLDER'S EQUITY
Share capital
nominal Rp.500 (angka penuh) per saham pada tanggal
30 September 2010 dan 31 Desember 2010
nominal Rp.1.000.000 (angka penuh) per saham pada
tanggal 1 Januari 2010/31 Desember 2009
Par valuel Rp.500 (full amount) per share as of
September 30, 2011 and December 31, 2010
par value Rp.1,000,000 (full amount) per share as of
January 1, 2010/December 31, 2009
Modal dasar
Authorized capital
40.000.000.000 saham pada tahun 2011 dan 2010
40.000.000.000 shares in 31/3/2011 and 31/12/2010
8.000.000.000 saham pada 31 Maret 2010
Modal ditempatkan dan disetor penuh
8.000.000.000 shares in 31 Maret 2010
856.0
856.0
15.775.000.000 saham pada tahun 2011 dan 2010
Issued and fully paid
15.775.000.000 shares in 31/3/2011 dan 31/12/2010
2.000.000 saham pada 31 Maret 2010
Tambahan modal disetor
Pendapatan komprehensif lainnya
Saldo laba
Dicadangkan
Tidak dicadangkan
Saldo laba, net
Kepentingan Non Pengendali
Total Ekuitas
JUMLAH LIABILITAS DAN EKUITAS
LIABILITIES
Current Liabilities
Short-term bank loans
Trade payables
Other payables
Taxes payable
Accrued expenses
Short-term employee benefits liabilities
Sales and other advances
Current portion of LT loans
Current portion of LT liability
Total Current Liabilities
NON CURRENT LIABILITIES
Deferred tax liabilities, net
Advance for construction, long term portion
LT loans, net of current portion
LT liabilities, net of current portion
LT employee benefits liabilities
Total Non Current Liabilities
TOTAL LIABILITIES
2.000.000 shares in 31 Maret 2010
117.0
(2.5)
117.0
(5.3)
146.8
(9.3)
137.6
18.8
1,126.8
2,490.6
146.8
(18.4)
128.5
19.9
1,116.0
2,561.9
Additional paid-in capital, net
Other comprehensive income
Retained earnings
Appropriiated
Unappropriated
Retain Earning, net
Non-controlling interest
Equities, net
TOTAL LIABILITIES AND EQUITY
See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.
PT Krakatau Steel (Persero) Tbk - 3
Q1 2013 RESULTS
INCOME STATEMENT (in million US dollar)
LAPORAN LABA RUGI
Pendapatan bersih
Beban pokok pendapatan
Laba (rugi) kotor
Beban penjualan
Beban umum dan administrasi
Penjualan limbah produksi
Laba pengalihan aset tetap
Laba pematangan tanah
Pendapatan lain-lain
Beban lain-lain
Laba operasi
Bagian laba (rugi) dari entitas asosiasi
Pendapatan keuangan
Laba selisih kurs, neto
Beban keuangan
Laba sebelum beban (manfaat) pajak
Beban (manfaat) pajak - bersih
Laba (rugi) tahun berjalan
Pendapatan komprehensif lain
Selisih kurs karena penjabaran laporan keuangan
Entitas Anak - neto
Total pendapatan (rugi) komprehensif
Total laba (rugi) yang dapat diatribusikan
kepada:
Pemilik entitas induk
Kepentingan non pengendali
Total
Laba Per Saham Dasar dan Dilusian
3/31/2013
Unaudited
616.0
564.0
51.9
(14.2)
(25.8)
3.0
1.3
(0.6)
15.6
(1.6)
1.3
8.5
(9.7)
14.2
5.9
8.3
2.8
11.1
3/31/2012
Unaudited
PROFIT & LOSS STATEMENT
598.9
566.8
32.1
(11.5)
(23.2)
2.5
1.9
(0.6)
1.2
0.0
2.4
17.5
(12.2)
8.9
(1.8)
10.7
(2.0)
8.7
Net Revenues
Cost of Revenues
Gross Profit
Selling expenses
General and administrative expenses
Sales of waste products
Gain on transfer of fixed asset
Gain on site preparation work
Other income
Other expenses
Income from Operations
Share in profit (loss) of associates
Finance income
Gain on foreign exchange, net
Finance expenses
Income Before Tax
Tax Expense (Benefit)
Profit (loss) for the year
Other comprehensive income
Difference in foreign currency translation
of the financial statements of Subsidiaries
Total comprehensive income (loss)
Total profit (loss) attributable to:
9.1
(0.8)
8.3
0.0005
10.9
(0.2)
10.7
0.0007
Owners of the parent entity
Non-controlling interests
Basic Income Per Share
See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements.
PT Krakatau Steel (Persero) Tbk - 4