Statement of Operations

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

 

2003

  

2002

  

2001

  

2000

Disajikan kembali *) Restated *)

1999
1998

Revenues

41,503,473

7,641,729

7,162,892

2,701,355

181,624

-

Direct Costs

1,840,108

3,458,362

2,326,444

1,602,313

478,384

-

Gross Profit/(Loss)

39,663,365

4,183,367

4,836,448

1,099,042

(296,760)

-

Operating Expenses

19,892,010

17,755,395

15,151,771

11,658,430

3,834,596

3,600,220

Operating Income/(Loss)

19,771,355

(13,572,028)

(10,315,323)

(10,559,388)

(4,131,356)

(3,600,220)

Other Income - Net

501,176

1,238,496

144,491

86,379

27,373

6,406

Profit/(Loss) Before Corporate Income Tax

20,272,531

(12,333,532)

(10,170,832)

(10,473,009)

(4,103,983)

(3,593,814)

Tax Benefit/(Expense)

(6,021,943)

3,860,689

2,221,536

3,134,997

1,231,158

1,037,928

Net Income/(Loss)

14,250,588

(8,472,843)

(7,949,296)

(7,338,012)

(2,872,825)

(2,555,886)

Earning/(Loss) Per Share Basic

20

(12)

(28)

(2,935)

(1,149

(1,022)

MAJOR RATIOS

            
Explanation

 

2003

  

2002

31 Desember/(December 31)

  

1999

 1998
2001 2000

Financial Ratios

           

Current Assets to
Current Liabilities

834,42%

323,13%

780,21%

87,75%

152,2%

63,64%

Total Liabilities to Equity

8,17%

4,57%

2,67%

3,73%

(1.089,70)%

(188,07)%

Total Liabilities to Total Assets

7,55%

4,37%

2,60%

 3,60

110,1%

213,55%

Operating Ratios

           

Gross Profit/(Loss) to Revenues

95,57%

54,74%

67,52%

40,68%

(163,39)%

-

Operating Income/(Loss) to Revenues

47,64%

(177,60)%

(144,01)%

(390,89)%

(2.274,68)%

-

Net Income/(Loss) to Revenues

34,34%

(110,88)%

(110,98)%

(271,64)%

(1.581,74)%

-

Operating Income/(Loss) to Equity

28,87%

(26,43)%

(17,38)%

(20,46)%

79,78%

156,13%

Net Income/(Loss) to Equity

20,81%

(16,50)%

(13,39)%

(14,22)%

55,47%

110,84%

Operating Income/(Loss) to Total Assets 

26,69%

(25,27)%

(16,93)%

(19,72)%

(8,06)%

(177,29)%

Net Income/(Loss) to Total Assets

19,24%

(15,78)%

(13,05)%

(13,71)%

(5,61)%

(125,86)%

Growth Ratios

           

Revenues

443,12%

6,68%

165,16%

1.387,33%

-

-

Gross Profit/(Loss)

848,12%

 (13,50)%

340,06%

(470,35)%

-

-

Operating Income/(Loss)

245,68%

31,57%

(2,31)%

155,59%

14,75%

-

Income/(Loss) before Tax

264,37%

21,26%

(2,89)%

155,19%

14,20%

-

Net Income/(Loss)

268,19%

6,59%

8,33%

155,43%

12,40%

-

Total Assets

37,93%

(11,87)%

13,82%

4,45%

2.423,89%

-

Total Liabilities

138,26%

48,07%

(17,68)%

(96,59)%

1.201,30%

-

Total Equity

33,34%

(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


 

Initial Public Offering (IPO) Proceeds Expenditures Realization Report ( in IDR)
December 31, 2003
 

No.

Type ofPublic
Offering

Effective
Date

Realization Value of IPO Proceeds

IPO Proceeds Expenditure Plan in Prospectus

IPO Proceeds Expenditure Realization

Balance

Total of IPO
Proceeds

IPO Costs

Nett IPO
Proceeds

Investment on infrastructure and system
development

(+/- 12,04%)

Increase working capital

 

(+/- 53,31%)

Products’ research and development

 

(+/- 12,65%)

Debt repayment


 

(+/- 20%)

Human resources development through training programs

(+/- 2%)

Total

Investment on infrastructure and system
development

 

Increase working capital

 

Products’ research and development

 

Debt repayment

 

Human resources development through training programs

 

Total

1.

Initial PublicOffering (IPO)

05/12/01

17,500,000,000

1,810,466,613

15,689,533,387

1,889,699,045

8,364,046,348

1,984,090,649

3,137,906,677

313,790,668

15,689,533,387

1,889,699,045

8,364,046,348

1,984,090,649

3,137,906,677

313,790,668

15,689,533,387

0
 

Jumlah

17,500,000,000

1,810,466,613

15,689,533,387

1,889,699,045

8,364,046,348

1,984,090,649

3,137,906,677

313,790,668

15,689,533,387

1,889,699,045

8,364,046,348

1,984,090,649

3,137,906,677

313,790,668

15,689,533,387

0