Statement of Operations

(in thousands of rupiah, except for loss per share basic)
(December 31)

   
Description  

2002

 

2001

 

2000

 Restated *)

1999
1998

Revenues

7,641,729

7,162,892

2,701,355

181,624

-

Direct Costs

3,458,362

2,326,444

1,602,313

478,384

-

Gross Profit/(Loss)

4,183,367

4,836,448

1,099,042

(296,760)

-

Operating Expenses

17,755,395

15,151,771

11,658,430

3,834,596

3,600,220

Operating Income/(Loss)

(13,572,028)

(10,315,323)

(10,559,388)

(4,131,356)

(3,600,220)

Other Income - Net

1,238,496

144,491

86,379

27,373

6,406

Profit/(Loss) Before Corporate Income Tax


(12,333,532)


(10,170,832)


(10,473,009)


(4,103,983)


(3,593,814)

Tax Benefit/(Expense)

3,860,689

2,221,536

3,134,997

1,231,158

1,037,928

Net Income/(Loss)

(8,472,843)

(7,949,296)

(7,338,012)

(2,872,825)

(2,555,886)

Earning/(Loss) Per Share Basic


(12)


(28)


(2,935)


(1,149


(1,022)

MAJOR RATIOS

         
Explanation  

2002

 

2001

(December 31)

1998
2000

1999

Financial Ratios

         

Current Assets to
Current Liabilities

323,13%

780,21%

87,75%

152,2%

63,64%

Total Liabilities to Equity

4,57%

2,67%

3,73%

(1.089,70)%

(188,07)%

Total Liabilities to Total Assets

4,37%

2,60%

3,60

110,1%

213,55%

Operating Ratios

         

Gross Profit/(Loss) to Revenues

54,74%

67,52%

40,68%

(163,39)%

-

Operating Income/(Loss) to Revenues

(177,60)%

(144,01)%

(390,89)%

(2.274,68)%

-

Net Income/(Loss) to Revenues

(110,88)%

(110,98)%

(271,64)%

(1.581,74)%

-

Operating Income/(Loss) to Equity

(26,43)%

(17,38)%

(20,46)%

79,78%

156,13%

Net Income/(Loss) to Equity

(16,50)%

(13,39)%

(14,22)%

55,47%

110,84%

Operating Income/(Loss) to Total Assets 

(25,27)%

(16,93)%

(19,72)%

(8,06)%

(177,29)%

Net Income/(Loss) to Total Assets

(15,78)%

(13,05)%

(13,71)%

(5,61)%

(125,86)%

Growth Ratios

         

Revenues

6,68%

165,16%

1.387,33%

-

-

Gross Profit/(Loss)

(13,50)%

340,06%

(470,35)%

-

-

Operating Income/(Loss)

31,57%

(2,31)%

155,59%

14,75%

-

Income/(Loss) before Tax

21,26%

(2,89)%

155,19%

14,20%

-

Net Income/(Loss)

6,59%

8,33%

155,43%

12,40%

-

Total Assets

(11,87)%

13,82%

4,45%

2.423,89%

-

Total Liabilities

48,07%

(17,68)%

(96,59)%

1.201,30%

-

Total Equity

(13,47)%

15,00%

(1.096,55)%

(124,59)%

-

*) Financial Statements for the years ended December 31, 1999 & 1998 were restated due to adoption PSAK no. 46