Professional Documents
Culture Documents
Rita Mariana
00000001953
NAMES OF COMPANY
Head Office
Jl. Parigi No.1
Tanjung Enim 31716
Sumatera Selatan
Kertapati Port
31 686
Fax
CULTURE
Work smart
through
work smart
work sincere
work
VISIONS
A world-class environment-care energy company
MISSIONS
Managing the resources of energy by developing corporate competence
and human excellence to provide maximum added value for stakeholders
and environment.
MEANING
To dedicate the resources of energy for a better life of world and earth.
OUR COMMITMENT
We are committed to actualizing the vision, mission and values of PTBA
and to established the company culture as the foundation of the long term
success.
VALUES
Visionary
Integrity
Innovative
Work Sincere
Cost
and
Environme
nt Awareness
Mr. Milawarma
(Desember 2001-
Present)
TOTAL EMPLOYEES
SWOT ANALYSIS
1.
Strengths
One of the Top Performing Listed Companies
Indonesia is rich of natural resources-coals
Has been long established since the dutch colony 1919
Has many subsidiaries
IUP has made it possible for domestic and foreigner investors
2.
Weakneses
Many competitors, there are 25 public companies in this industry
Poor Infrastructure & logistic facility in Indonesia, hampering the work
Difficult to get Skilled manpower(Operator, Driver, Mechanic, Engineers,
Geologist)
Law is silent on Mineral and Coal conservation and recovery percentage
for effective economic Mining Operation.
Coal is a limited natural resources.
Tough labour law
3.
Opportunities
Potential areas for exploration ventures include Coking Coal, Thermal
Coal, gold, Silver, Lead,Iron Zircon & other rare metals.
Strengthening of logistics infrastructure such as railways projects, road
development, ports,river dredging project to accelerate the Coal &
mineral movement round the year.
Processing of Low grade Coal and mineral for its up gradation in quality
parameter and further export.
Exploring the possibility of Underground Mining/CBM technology process
after Open cast Mining for best recovery of mineral
4. Threats
Land acquisition from land owner, Plantation Company & Forest
department may block theproject at any time.
Domestic market obligation by all IUP holders, while its pricing and
percentage still remain uncertain.
Indonesia Government may ban on export of low grade Coal without up
gradation.
Strict environmental law, purification, land acquit ion process will impact
on economic
BUSINESS STRATEGIC
Annual plan
Building two extra Tarahan Power Plants. the power generation segment will generate a total power of
1,506MW by the end of 2015 (with potential income of IDR 5.73 trillion per year and low rank coal types
consumption of 6,650 tons per year).
As of:
Revenues
TOTAL REVENUES
Cost of Goods Sold
GROSS PROFIT
Selling General & Admin Expenses, Total
Other Operating Expenses
OTHER OPERATING EXPENSES, TOTAL
OPERATING INCOME
Interest Expense
Interest and Investment Income
NET INTEREST EXPENSE
Income (Loss) on Equity Investments
EBT, EXCLUDING UNUSUAL ITEMS
EBT, INCLUDING UNUSUAL ITEMS
Income Tax Expense
Minority Interest in Earnings
Earnings from Continuing Operations
NET INCOME
NET INCOME TO COMMON INCLUDING
EXTRA ITEMS
NET INCOME TO COMMON EXCLUDING
EXTRA ITEMS
31-Dec
2013
IDR
11,209,219.0
0
11,209,219.
00
7,671,831.0
0
3,537,388.0
0
1,606,231.0
0
-221,681.00
1,384,550.0
0
2,152,838.0
0
-6,225.00
239,870.00
233,645.00
74,879.00
2,461,362.0
0
2,461,362.0
0
607,081.00
-28,137.00
1,854,281.0
0
1,826,144.0
0
1,826,144.0
0
1,826,144.0
0
31-Dec
2014
IDR
13,077,962.00
13,077,962.00
8,995,932.00
4,082,030.00
1,688,385.00
83,447.00
1,771,832.00
2,310,198.00
-48,701.00
267,647.00
218,946.00
145,582.00
2,674,726.00
2,674,726.00
655,512.00
-3,043.00
2,019,214.00
2,016,171.00
2,016,171.00
2,016,171.00
Balance Sheet
Currency in
As of:
Millions of Indonesian Rupiahs
Assets
Cash and Equivalents
Short-Term Investments
TOTAL CASH AND SHORT TERM
INVESTMENTS
Accounts Receivable
Other Receivables
TOTAL RECEIVABLES
Inventory
Prepaid Expenses
Other Current Assets
TOTAL CURRENT ASSETS
Gross Property Plant and Equipment
Accumulated Depreciation
NET PROPERTY PLANT AND EQUIPMENT
Long-Term Investments
Deferred Tax Assets, Long Term
Other Long-Term Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Accounts Payable
Accrued Expenses
Short-Term Borrowings
Current Portion of Long-Term Debt/Capital
Lease
Current Income Taxes Payable
Other Current Liabilities, Total
Unearned Revenue, Current
TOTAL CURRENT LIABILITIES
Long-Term Debt
Minority Interest
Pension & Other Post-Retirement Benefits
Other Non-Current Liabilities
TOTAL LIABILITIES
Common Stock
Additional Paid in Capital
Retained Earnings
Treasury Stock
Comprehensive Income and Other
TOTAL COMMON EQUITY
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
31-Dec
2013
31-Dec
2014
3,343,905.00
86,995.00
4,039,267.00
296,492.00
3,430,900.00
4,335,759.00
1,427,572.00
230,593.00
1,658,165.00
901,952.00
216,223.00
272,543.00
6,479,783.00
5,196,038.00
-1,399,958.00
3,796,080.00
628,327.00
514,242.00
258,723.00
11,677,155.00
1,439,401.00
147,431.00
1,586,832.00
1,033,360.00
166,403.00
294,451.00
7,416,805.00
7,514,932.00
-1,704,894.00
5,810,038.00
936,346.00
227,948.00
420,886.00
14,812,023.00
471,879.00
1,371,424.00
44,795.00
545,505.00
1,259,337.00
826,428.00
33,095.00
467,235.00
82,620.00
122,354.00
134,789.00
2,260,956.00
1,755.00
205,237.00
268,632.00
3,574,129.00
961,753.00
117,231.00
1,458,168.00
147,131.00
6,141,181.00
1,152,066.00
30,486.00
9,205,393.00
-1,899,413.00
65,079.00
8,553,611.00
8,670,842.00
14,812,023.00
-114,188.00
1,630,794.00
233,836.00
4,125,586.00
1,152,066.00
30,486.00
8,093,505.00
-1,899,413.00
60,737.00
7,437,381.00
7,551,569.00
11,677,155.00
2013
PROFITIBALITY RATIO
GROSS PROFIT MARGIN
= 3,537,388 = 0.32
11,209,219
OPERATING PROFIT MARGIN
= 2,152,838 = 0.19
11,209,219
NET PROFIT MARGIN
= 1,826,144 = 0.16
11,209,219
TOTAL RETURN ON ASSETS
= 1,826,144+ 607,081 = 0.176
11,677,155
ROA
= 1,826,144 + 233,645(1-25%) =
0.17
11,677,155
ROE
= 1,826,144
= 0.225
7,551,569
ROCE
= 1,826,144
= 0.24
7,551,569 + 0
LIQUIDITY RATIOS
CURRENT RATIO
= 6,479,783 = 2.87
2,260,956
WORKING CAPITAL
= 6,479,783 - 2,260,956
=4,218,827
LEVERAGE RATIO
TOTAL DEBT-TO ASSETS RATIO
= 4,125,586 = 0.35
11,677,155
LONG TERM DEBT TO CAPITAL RATIO
= 1,864,630
= 0.198
1,864,630 +7,551,569.00
2014
PROFITIBILITY RATIO
GROSS PROFIT MARGIN
= 4,082,030 = 0.31
13,077,962
OPERATING PROFIT MARGIN
= 2,310,198 = 0.18
13,077,962
NET PROFIT MARGIN
= 2,016,171.00 = 0.154
13,077,962
TOTAL RETURN ON ASSETS
= 2,016,171+ 218,946= 0.15
14,812,023.00
ROA
= 2,016,171 + 218,946(1-25%)
=0.16
(14,812,023+ 11,677,155)/2
ROE
= 2,016,171
=
0.249
(8,670,842 +7,551,569)/2
R0CE
= 2,016,171
=0.21
961,753+ 8,670,842.00
LIQUIDITY RATIO
CURRENT RATIO
= 7,416,805 = 2.08
3,574,129
WORKING CAPITAL
= 7,416,805-3,574,129
= 3,842,676
LEVERAGE RATIO
TOTAL DEBT-TO ASSETS RATIO
= 61411
=0.414607849
14,812,023
LONG TERM DEBT TO CAPITAL
RATIO
= 961,753
=
0.0998
961,753+8,670,842.00
RECOMMENDATION
Government authority have to accelerate the process of transparency in
regulations for Investor ,Mining and Forest Area ,Land acquition, Labour
laws and do infrastructure development forconfidence of Investor to start
Mining Operation and support the region by forbetter mineral conservation
as well as maintaining eco balance of the area with fund as available from
Mining Industry.
sources :
http://ptba.co.id/en/about/business
http://www.scribd.com/doc/66243852/S-W-O-T-Analysis-for-Indonesia-CoalMining-With-special-reference-to-Central-Kalimantan-Sanjay-Singh#scribd
http://asia.nikkei.com/Company/05W3TX-E
https://www.google.co.id/search?
q=PT+BUKIT+ASAM+LONG+TERM+PLAN&oq=PT+BUKIT+ASAM+LONG+T
ERM+PLAN&aqs=chrome..69i57j69i59l3j69i60l2.8170j0j4&sourceid=chrom
e&es_sm=93&ie=UTF-8
http://www.indonesia-investments.com/upload/bedrijfsprofiel/233/tambangbatubara-bukit-asam-annual-report-2012-ptba-laporan-tahunan-companyprofile-indonesia-investments.pdf