TLK FY 2008 Earnings Report — Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Revenue & Financial Results | Market Cap Arena

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia TbkTLK

FY 2008 Earnings

Reported December 30, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$3.5B	—	$3.5B	—	2.1%
Op. Income	$1.3B	—	$1.5B	—	-15.7%
Gross Margin	79.9%	—	83.9%	—	-4.0pp
Net Margin	17.5%	—	21.6%	—	-4.1pp
EPS (Diluted)	$0.63	—	$0.75	—	-16.5%
Free Cash Flow	$470M	—	$737M	—	-36.2%

Revenue Flow

Item	Amount
REVENUE	$3.5B
Cost of Revenue	$711M
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$137M
General & Administrative	$741M
SG&A Expenses	$878M
Other Expenses	$644M
Operating Expenses	$1.5B
Cost & Expenses	$2.2B
OPERATING INCOME	$1.3B
Interest Income	$39M
Interest Expense	$92M
Other Income/Expenses	-$116M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$328M
Net Income from Continuing Ops	$853M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$618M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$618M
D&A	$716M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.5B
Cost of Revenue	$711M
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$137M
General & Administrative	$741M
SG&A Expenses	$878M
Other Expenses	$644M
Operating Expenses	$1.5B
Cost & Expenses	$2.2B
OPERATING INCOME	$1.3B
Interest Income	$39M
Interest Expense	$92M
Other Income/Expenses	-$116M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$328M
Net Income from Continuing Ops	$853M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$618M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$618M
D&A	$716M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$618M
Depreciation & Amortization	$644M
Stock-Based Compensation	$0
Deferred Income Tax	$328M
Other Non-Cash Items	$853M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$944M
Acquisitions (Net)	-$17M
Purchases of Investments	-$11M
Sales/Maturities of Investments	$2M
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$962M
Net Debt Issuance	$146M
Common Stock Repurchased	-$121M
Common Dividends Paid	-$467M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$660M
FREE CASH FLOW	$470M
Net Change in Cash	-$189M

Balance Sheet

Item	Amount
Cash & Equivalents	$401M
Short-Term Investments	$16M
Net Receivables	$244M
Inventory	$30M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$850M
PP&E (Net)	$4.1B
Goodwill	$6M
Intangible Assets	$179M
Long-Term Investments	$10M
Tax Assets	$5.6K
Other Non-Current Assets	$129M
TOTAL NON-CURRENT ASSETS	$4.5B
TOTAL ASSETS	$5.3B
Account Payables	$708M
Short-Term Debt	$413M
Deferred Revenue	$159M
Other Current Liabilities	$8M
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$750M
Deferred Revenue NC	$17M
Deferred Tax Liabilities	$169M
Other Non-Current Liabilities	$222M
TOTAL NON-CURRENT LIABILITIES	$1.2B
TOTAL LIABILITIES	$2.7B
Common Stock	$293M
Additional Paid-In Capital	$62M
Retained Earnings	$1.8B
Treasury Stock	-$248M
Accum. Other Comp. Income	$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.0B
Minority Interest	$563M
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$5.3B
Total Debt	$1.1B
Net Debt	$698M