
Financial Report
Financial Report Overview
Financial Report Overview
| Description | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| ASSETS | |||||
| Cash and Cash Equivalents | 4.132.858 | 4.138.867 | 7.030.343 | 4.394.195 | 4.340.947 |
| Trade Receivables, Net | 5.030.071 | 3.797.292 | 3.509.912 | 3.099.840 | 1.578.867 |
| Financial Assets at Fair Value through Other Comprehensive Income | 425.767 | 875.330 | 783.070 | 341.821 | 301.257 |
| Inventories | 4.869.337 | 5.499.614 | 3.837.187 | 1.207.585 | 805.436 |
| Time Deposits with more than 3 months and less than 1 year | 242.355 | 541.818 | 8.929.196 | 9.010.987 | 1.130.354 |
| Other Current Assets | 533.126 | 295.435 | 342.440 | 157.072 | 207.495 |
| Total Current Assets | 15.233.514 | 15.148.356 | 24.432.148 | 18.211.500 | 8.364.356 |
| Trade Receivables, Net | - | 188.271 | 232.678 | 413.836 | 406.750 |
| Other Receivables from Related Parties | 29.005 | 18.683 | 29.407 | 15.500 | 109.264 |
| Investments in Associates | 71.655 | - | 25.314 | 23.297 | 23.015 |
| Investment in Joint Ventures | 8.610.010 | 7.263.276 | 6.519.097 | 5.174.429 | 3.926.147 |
| Mining Properties | 3.412.097 | 3.271.657 | 2.873.707 | 2.099.454 | 1.830.667 |
| Fixed Assets | 8.735.714 | 8.566.210 | 8.410.051 | 8.321.231 | 7.863.615 |
| Bearer Plants | 65.063 | 72.820 | 52.679 | 48.070 | 59.501 |
| Prepaid Taxes | 3.408.306 | 2.554.351 | 1.496.343 | 675.200 | 600.670 |
| Deferred Tax Assets | 1.258.806 | 1.208.683 | 917.323 | 768.833 | 542.644 |
| Goodwill | 102.077 | 102.077 | 102.077 | 102.077 | 102.077 |
| Other Non-Current Assets | 859.329 | 370.805 | 268.383 | 270.276 | 228.049 |
| Total Non-Current Assets | 26.552.062 | 23.616.833 | 20.927.059 | 17.912.203 | 15.692.399 |
| Total Assets | 41.785.576 | 38.765.189 | 45.359.207 | 36.123.703 | 24.056.755 |
| Liabilities and Equity | |||||
| Total Current Liabilities | 11.974.820 | 9.968.101 | 10.701.780 | 7.500.647 | 3.872.457 |
| Total Non-Current Liabilities | 7.166.944 | 7.233.892 | 5.741.381 | 4.369.332 | 3.245.102 |
| Total Liabilities | 19.141.764 | 17.201.993 | 16.443.161 | 11.869.979 | 7.117.559 |
| Total Equity | 22.643.812 | 21.563.196 | 28.916.046 | 24.253.724 | 16.939.196 |
| Total Liabilities and Equity | 41.785.576 | 38.765.189 | 45.359.207 | 36.123.703 | 24.056.755 |
Consolidated Statement of Profit or Loss and Other Comprehensive Income (In millions of Rupiah)
| Description | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 42.764.968 | 38.488.867 | 42.648.590 | 29.261.468 | 17.325.192 |
| Revenue from Coal Sales | 42.084.008 | 37.972.033 | 42.099.316 | 28.873.738 | 17.072.791 |
| Revenue from Other Activities | 680.960 | 516.834 | 549.274 | 387.730 | 252.401 |
| Cost of Revenue | (34.562.758) | (29.331.562) | (24.682.304) | (15.777.245) | (12.758.932) |
| Gross Profit | 8.202.210 | 9.157.305 | 17.966.286 | 13.484.223 | 4.566.260 |
| General and Administrative Expenses | (2.078.188) | (1.936.635) | (2.390.336) | (2.579.462) | (1.439.913) |
| Selling and Marketing Expenses | (789.017) | (656.362) | (953.120) | (1.014.269) | (692.320) |
| Other Income, Nett | 317.413 | 638.401 | 522.591 | 68.533 | 86.398 |
| Operating Profit | 5.652.418 | 7.202.709 | 15.145.421 | 9.959.025 | 2.520.425 |
| Finance Income | 250.183 | 584.339 | 428.033 | 256.856 | 362.503 |
| Finance Costs | (283.690) | (204.038) | (200.203) | (158.426) | (132.515) |
| Share in Net Profit of Associates and Joint Ventures | 640.335 | 571.303 | 829.063 | 301.220 | 481.272 |
| Profit before Income Tax | 6.259.246 | 8.154.313 | 16.202.314 | 10.358.675 | 3.231.685 |
| Income Tax Expense | (1.119.823) | (1.861.792) | (3.422.887) | (2.321.787) | (823.758) |
| Profit for the Year | 5.139.423 | 6.292.521 | 12.779.427 | 8.036.888 | 2.407.927 |
| Other Comprehensive Income/(Loss) for the Year | 467.158 | (808.804) | (13.061) | (460.949) | (158.397) |
| Total Comprehensive Income for the Year | 5.606.581 | 5.483.717 | 12.766.366 | 7.575.939 | 2.249.530 |
| Profit for the Year Attributable to | |||||
| Owners of the Parent Entity | 5.103.720 | 6.105.856 | 12.567.582 | 7.909.113 | 2.386.819 |
| Non-controlling Interests | 35.703 | 186.665 | 211.845 | 127.775 | 21.108 |
| Total Other Comprehensive | |||||
| Owners of the Parent Entity | 5.570.878 | 5.297.052 | 12.554.521 | 7.448.164 | 2.228.422 |
| Non-Controlling Interests | 35.703 | 186.665 | 211.845 | 127.775 | 21.108 |
| Earnings per Share - Basic and Diluted (Full Amount) | 444 | 532 | 1.094 | 702 | 213 |
Audited Financial Statements
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2025
Consolidated Financial Statements as of December 31, 2025
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2023
2023 Audit Financial Report
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2022
2022 Financial Audit Report
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2022
2022 Audit Financial Report
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2021
2021 Audit Financial Report
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2020
2020 Audit Financial Report
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2019
2019 Audit Financial Report
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2018
2018 Audit Financial Report
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2017
2017 Audit Financial Report
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2016
2016 Audit Financial Report
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2015
2015 Audit Financial Report
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2014
2014 Audit Financial Report
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2013
2013 Audit Financial Report
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2012
2012 Audit Financial Report
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2011
2011 Audit Financial Report