PT INDOCEMENT TUNGGAL PRAKARSA Tbk.

AND ITS SUBSIDIARIES

Wisma Indocement, Lantai 8, Jl. Jenderal Sudirman Kav.70-71, Jakarta 12910, Indonesia

Telepon (+62 21) 2512121, 2522121 Faksimile: (+62 21) 251006

Email: Corpsec@indocement.co.id Homepage: http://www.indocement.co.id

	A	B	C	E	H	I	K	M	N	O	Q	S	T	U	W
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3	CONSOLIDATED STATEMENT OF FINANCIAL POSITION							CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME				CONSOLIDATED STATEMENT OF CASH FLOW
4	June 30, 2018 (Unaudited) and December 31, 2017 (Audited)							Six Months Ended June 30, 2018 and 2017 (Unaudited)				Six Months Ended June 30, 2018 and 2017 (Unaudited)
5	(Express in millions of rupiah, except share data)							(Express in millions of rupiah, unless otherwise stated)				(Express in millions of rupiah)
6
7
8		A S S E T S			LIABILITIES AND EQUITY
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10			June 30, 2018	December 31, 2017		June 30, 2018	December 31, 2017			2018 (Six Months)	2017 (Six Months)			2018 (Six Months)	2017 (Six Months)
11
12		CURRENT ASSETS			CURRENT LIABILITIES								CASH FLOWS FROM OPERATING
13		Cash and cash equivalents	5,545,386	8,294,891	Trade payables				NET REVENUES	6,484,408	6,543,718		ACTIVITIES
14		Trade receivables			Related party	11,460	-						Collections from customers	6,957,721	7,321,933
15		Related party	3,641	17,719	Third parties	1,467,023	1,548,844		COST OF REVENUES	(4,784,836)	(4,302,495)		Payments to suppliers and contractors,
16		Third parties - net	2,517,962	2,467,081	Other payables								and for salaries and other employee
17		Other receivables - related parties	20,258	18,980	Related parties	77,630	77,418		GROSS PROFIT	1,699,572	2,241,223		benefits	(6,362,393)	(5,896,568)
18		Other current financial assets	282,959	51,381	Third parties	520,431	580,524						Receipts of interest income	189,895	250,009
19		Inventories - net	2,003,688	1,768,603	Customers' deposits	58,538	69,510		Operating expenses	(1,468,318)	(1,352,716)		Payments of corporate income taxes	(146,035)	(227,516)
20		Advances and deposits	141,194	208,984	Accrued expenses	545,375	869,653		Other operating income	34,389	21,828		Payments of other taxes	(573,156)	(741,761)
21		Prepaid taxes	18,800	1,595	Taxes payable	411,757	103,668		Other operating expenses	(10,908)	(15,701)		Net receipts from other operating
22		Prepaid expenses	187,395	53,840	Short-term employee benefits liability	123,180	141,454		OPERATING INCOME	254,735	894,634		activities	23,640	36,711
23					Current maturities of obligations
24		TOTAL CURRENT ASSETS	10,721,283	12,883,074	under finance lease	105,612	87,953		Finance income	224,230	304,065		Net cash flows provided by operating
25									Final tax on interest income	(44,835)	(60,625)		activities	89,672	742,808
26					TOTAL CURRENT LIABILITIES	3,321,006	3,479,024		Finance cost	(13,366)	(5,436)
27									Equity in net earnings of associated
28									companies - net	5,671	4,163		CASH FLOWS FROM INVESTING
29					NON-CURRENT LIABILITIES								ACTIVITIES
30					Obligations under finance lease -				INCOME BEFORE FINAL TAX AND				Cash dividends received	7,583	6,132
31					net of current maturities	8,128	20,036		INCOME TAX EXPENSE	426,435	1,136,801		Proceeds from disposal of fixed assets	2,312	450
32					Long-term employee benefits liability	722,402	732,489						Acquisitions of fixed assets	(298,663)	(471,514)
33					Long-term provisions	73,347	75,620		Final tax	(243)	(310)		Acquisitions of intangible assets	(3,409)	(1,581)
34													Investment in shares of stock	-	(500)
35					TOTAL NON-CURRENT LIABILITIES	803,877	828,145		INCOME BEFORE INCOME TAX EXPENSE	426,192	1,136,491
36													Net cash flows used in investing
37									INCOME TAX EXPENSE - NET	(71,086)	(234,651)		activities	(292,177)	(467,013)
38
39					TOTAL LIABILITIES	4,124,883	4,307,169		NET INCOME FOR THE PERIOD	355,106	901,840
40													CASH FLOWS FROM FINANCING
41									OTHER COMPREHENSIVE INCOME				ACTIVITIES
42													Payments of cash dividends	(2,576,020)	(3,418,735)
43									Items that will not be reclassified to				Payments of obligations under finance lease	(701)	(2,457)
44									profit or loss in subsequent periods				Payments of interest expense and other
45									Net movement on cash flow hedge	1,566	893		financial charges	(512)	(1,196)
46									Related income tax	-	(223)
47													Net cash flows used in financing
48									OTHER COMPREHENSIVE INCOME				activities	(2,577,233)	(3,422,388)
49					EQUITY				FOR THE PERIOD, NET OF TAX	1,566	670
50					Equity Attributable to Owners of the
51		NON-CURRENT ASSETS			Parent Entity				TOTAL COMPREHENSIVE INCOME
52		Deferred tax assets - net	185,879	239,201	Capital stock - Rp500 (in full amount)				FOR THE PERIOD	356,672	902,510		NET EFFECT OF EXCHANGE RATE
53		Investments in shares of stock			par value per share								CHANGES ON CASH AND CASH
54		and advances to an			Authorized - 8,000,000,000 shares				Net income for the period attributable to:				EQUIVALENTS	30,233	4,492
55		unconsolidated subsidiary - net	91,788	93,700	Issued and fully paid -				Owners of the Parent Entity	355,106	901,840
56		Fixed assets - net	14,644,403	14,979,453	3,681,231,699 shares	1,840,616	1,840,616		Non-controlling interests	-	-
57		Investment properties - net	16,155	16,404	Additional paid-in capital	2,698,863	2,698,863		Total	355,106	901,840		NET DECREASE IN CASH AND CASH
58		Intangible assets - net	104,994	107,357	Other comprehensive loss	(304,819)	(306,385)						EQUIVALENTS	(2,749,505)	(3,142,101)
59		Other non-current financial assets	86,990	88,240	Retained earnings				Total comprehensive income for
60		Other non-current assets	609,708	456,247	Appropriated	400,000	400,000		the period attributable to:
61					Unappropriated	17,701,657	19,923,413		Owners of the Parent Entity	356,672	902,510		CASH AND CASH EQUIVALENTS
62									Non-controlling interests	-	-		AT BEGINNING OF PERIOD	8,294,891	9,674,030
63		TOTAL NON-CURRENT ASSETS	15,739,917	15,980,602	TOTAL EQUITY	22,336,317	24,556,507		Total	356,672	902,510
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65									BASIC EARNINGS PER SHARE				CASH AND CASH EQUIVALENTS
66		TOTAL ASSETS	26,461,200	28,863,676	TOTAL LIABILITIES AND EQUITY	26,461,200	28,863,676		(in full amount)	96.46	244.98		AT END OF PERIOD	5,545,386	6,531,929
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70		Notes:											Jakarta, July 31, 2018
71		- Basic earnings per share is by diving net income for the period attributable to Owners of the Parent Entity by the weighed average number of shares outstanding during period,											Board of Directors
72		which is 3,681,231,699 shares for the six months ended June 30, 2018 and 2017, respectively.											PT Indocement Tunggal Prakarsa Tbk
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