TLK FY 2022 Earnings Report — Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Revenue & Financial Results | Market Cap Arena

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia TbkTLK

FY 2022 Earnings

Reported December 31, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$8.5B	—	$8.3B	—	2.9%
Op. Income	$2.3B	—	$2.8B	—	-16.7%
Gross Margin	70.4%	—	69.8%	—	0.6pp
Net Margin	14.1%	—	17.4%	—	-3.3pp
EPS (Diluted)	$1.61	—	$1.98	—	-18.5%
Free Cash Flow	$2.2B	—	$2.2B	—	-0.2%

Revenue Flow

Item	Amount
REVENUE	$8.5B
Cost of Revenue	$2.5B
GROSS PROFIT	$6.0B
R&D Expenses	$6M
Selling & Marketing	$227M
General & Administrative	$1.2B
SG&A Expenses	$1.4B
Other Expenses	$2.3B
Operating Expenses	$3.7B
Cost & Expenses	$6.2B
OPERATING INCOME	$2.3B
Interest Income	$51M
Interest Expense	$236M
Other Income/Expenses	-$190M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$503M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$1.9B
EBIT	$2.3B
EBITDA	$4.3B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$8.5B
Cost of Revenue	$2.5B
GROSS PROFIT	$6.0B
R&D Expenses	$6M
Selling & Marketing	$227M
General & Administrative	$1.2B
SG&A Expenses	$1.4B
Other Expenses	$2.3B
Operating Expenses	$3.7B
Cost & Expenses	$6.2B
OPERATING INCOME	$2.3B
Interest Income	$51M
Interest Expense	$236M
Other Income/Expenses	-$190M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$503M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$1.9B
EBIT	$2.3B
EBITDA	$4.3B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$1.9B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$1.1B
Change in Working Capital	$0
OPERATING CASH FLOW	$4.2B
Capital Expenditure	-$2.0B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$238M
NET CASH FROM INVESTING	-$2.3B
Net Debt Issuance	-$888M
Common Stock Repurchased	$0
Common Dividends Paid	-$859M
Other Financing Activities	-$621M
NET CASH FROM FINANCING	-$2.4B
FREE CASH FLOW	$2.2B
Net Change in Cash	-$368M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$54M
Net Receivables	$641M
Inventory	$66M
Other Current Assets	$164M
TOTAL CURRENT ASSETS	$3.2B
PP&E (Net)	$10.9B
Goodwill	$63M
Intangible Assets	$834M
Long-Term Investments	$500M
Tax Assets	$238M
Other Non-Current Assets	$192M
TOTAL NON-CURRENT ASSETS	$12.7B
TOTAL ASSETS	$15.9B
Account Payables	$1.1B
Short-Term Debt	$985M
Deferred Revenue	$501M
Other Current Liabilities	$4.1B
TOTAL CURRENT LIABILITIES	$4.1B
Long-Term Debt	$1.6B
Deferred Revenue NC	$90M
Deferred Tax Liabilities	$59M
Other Non-Current Liabilities	$689M
TOTAL NON-CURRENT LIABILITIES	$3.2B
TOTAL LIABILITIES	$7.3B
Common Stock	$286M
Additional Paid-In Capital	$114M
Retained Earnings	$7.0B
Treasury Stock	$0
Accum. Other Comp. Income	$33M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.5B
Minority Interest	$1.2B
TOTAL EQUITY	$8.6B
TOTAL LIABILITIES & EQUITY	$15.9B
Total Debt	$3.6B
Net Debt	$1.8B