TLK Q1 2020 Earnings Report — Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Revenue & Financial Results | Market Cap Arena

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia TbkTLK

Q1 2020 Earnings

Reported March 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$2.0B	—	$2.0B	—	-1.9%
Op. Income	$689M	—	$695M	—	-0.8%
Gross Margin	71.4%	—	65.6%	—	5.8pp
Net Margin	17.1%	—	17.9%	—	-0.7pp
EPS (Diluted)	$0.34	—	$0.36	—	-5.8%
Free Cash Flow	$783M	—	$491M	—	59.6%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$565M
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$37M
General & Administrative	$250M
SG&A Expenses	$287M
Other Expenses	$436M
Operating Expenses	$723M
Cost & Expenses	$1.3B
OPERATING INCOME	$689M
Interest Income	$13M
Interest Expense	$70M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$631M
Income Tax Expense	$152M
Net Income from Continuing Ops	$480M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$339M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$339M
D&A	$396M
EBIT	$702M
EBITDA	$1.1B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$565M
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$37M
General & Administrative	$250M
SG&A Expenses	$287M
Other Expenses	$436M
Operating Expenses	$723M
Cost & Expenses	$1.3B
OPERATING INCOME	$689M
Interest Income	$13M
Interest Expense	$70M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$631M
Income Tax Expense	$152M
Net Income from Continuing Ops	$480M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$339M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$339M
D&A	$396M
EBIT	$702M
EBITDA	$1.1B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$339M
Depreciation & Amortization	$396M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$283M
Change in Working Capital	$0
OPERATING CASH FLOW	$1.0B
Capital Expenditure	-$234M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$60M
NET CASH FROM INVESTING	-$294M
Net Debt Issuance	-$393M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$396M
FREE CASH FLOW	$783M
Net Change in Cash	$354M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.4B
Short-Term Investments	$60M
Net Receivables	$969M
Inventory	$39M
Other Current Assets	$322M
TOTAL CURRENT ASSETS	$2.9B
PP&E (Net)	$9.7B
Goodwill	$81M
Intangible Assets	$687M
Long-Term Investments	$119M
Tax Assets	$163M
Other Non-Current Assets	$248M
TOTAL NON-CURRENT ASSETS	$11.0B
TOTAL ASSETS	$14.0B
Account Payables	$789M
Short-Term Debt	$987M
Deferred Revenue	$555M
Other Current Liabilities	$3.2B
TOTAL CURRENT LIABILITIES	$3.7B
Long-Term Debt	$1.6B
Deferred Revenue NC	$48M
Deferred Tax Liabilities	$58M
Other Non-Current Liabilities	$577M
TOTAL NON-CURRENT LIABILITIES	$3.0B
TOTAL LIABILITIES	$6.7B
Common Stock	$286M
Additional Paid-In Capital	$157M
Retained Earnings	$5.7B
Treasury Stock	$0
Accum. Other Comp. Income	$45M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.2B
Minority Interest	$1.2B
TOTAL EQUITY	$7.3B
TOTAL LIABILITIES & EQUITY	$14.0B
Total Debt	$3.5B
Net Debt	$2.1B