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	As of December 31, 2017 and 2016							For The Year Ended December 31, 2017 and 2016				For The Year Ended December 31, 2017 and 2016
5	(Expressed in millions of rupiah, except share data)							(Expressed in millions of rupiah, unless otherwise stated)				(Expressed in millions of rupiah)
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8		A S S E T S			LIABILITIES AND EQUITY
9										Year Ended December 31,				Year Ended December 31,
10			December 31, 2017	December 31, 2016		December 31, 2017	December 31, 2016			2017	2016			2017	2016
11													CASH FLOWS FROM OPERATING
12		CURRENT ASSETS			CURRENT LIABILITIES				NET REVENUES	14,431,211	15,361,894		ACTIVITIES
13		Cash and cash equivalents	8,294,891	9,674,030	Trade payables - third parties	1,548,844	1.518,841						Collections from customers	15,897,438	16,942,375
14		Trade receivables			Other payables				COST OF REVENUES	(9,423,490)	(9,030,433)		Payments to suppliers and contractors,
15		Related party	17,719	69,081	Related parties	77,418	59,393						and for salaries and other employee
16		Third parties - net	2,467,081	2,536,242	Third parties	580,524	510.478		GROSS PROFIT	5,007,721	6,331,461		benefits	(11,696,850)	(11,493,687)
17		Other receivables - related parties	18,980	11,656	Customers' deposits	69,510	37,044						Receipts of interest income	417,221	490,943
18		Other current financial assets	51,381	71,123	Accrued expenses	869,653	773,419		Operating expenses	(3,080,203)	(2,713,870)		Payments of corporate income taxes	(274,627)	(754,245)
19		Inventories - net	1,768,603	1,780,410	Taxes payable	103,668	112,348		Other operating income	68,339	70,709		Payments of other taxes	(1.622,952)	(1,788,519)
20		Advances and deposits	208,984	221,750	Short-term employee benefits liability	141,454	106,181		Other operating expenses	(121,012)	(43,705)		Refunds from tax restitution	121	38.393
21		Prepaid taxes	1,595	1,532	Current maturities of obligations				OPERATING INCOME	1,874,845	3,644,595		Net receipts from other operating
22		Prepaid expenses	53,840	58,798	under finance lease	87,953	70,038						activities	61,454	110,853
23									Finance income	519,535	619,671
24		TOTAL CURRENT ASSETS	12,883,074	14,424,622	TOTAL CURRENT LIABILITIES	3,479,024	3,187,742		Final tax on interest income	(103,838)	(123,290)		Net cash flows provided by operating
25									Finance cost	(14,093)	(11,823)		activities	2,781,805	3,546,113
26									Equity in net earnings of associated
27					NON-CURRENT LIABILITIES				companies - net	11,540	17,226
28					Obligations under finance lease -								CASH FLOWS FROM INVESTING
29					net of current maturities	20,036	37,146		INCOME BEFORE FINAL TAX AND				ACTIVITIES
30					Long-term employee benefits liability	732,489	722,098		INCOME TAX EXPENSE	2,287,989	4,146,379		Cash dividends received	13,632	22,412
31					Long-term provisions	75,620	64,891		Final tax	(715)	(747)		Proceeds from disposal of fixed assets	1,989	10,211
32													Acquisitions of fixed assets	(769,019)	(910,334)
33					TOTAL NON-CURRENT LIABILITIES	828,145	824,135		INCOME BEFORE INCOME TAX EXPENSE	2,287,274	4,145,632		Acquisitions of intangible assets	(6,790)	(52,025)
34													Investment in shares of stock	(500)	(53,193)
35					TOTAL LIABILITIES	4,307,169	4,011,877		INCOME TAX EXPENSE - NET	(427,456)	(275,313)		Cash of newly accquired Subsidiary	-	8,970
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37									NET INCOME FOR THE YEAR	1,859,818	3,870,319		Net cash flows used in investing
38													activities	(760,688)	(973,959)
39									OTHER COMPREHENSIVE LOSS
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41									Items that will not be reclassified to				CASH FLOWS FROM FINANCING
42									profit or loss in subsequent periods				ACTIVITIES
43									Net movement on cash flow hedge	2,833	(12,377)		Payments of cash dividends	(3,418,759)	(1,527,247)
44									Re-measurement loss on				Payments of obligations under finance lease	(3,822)	(11,042)
45									post-employment benefits liability	(31,968)	(82,154)		Payments of interest expense and other
46									Related income tax	6,985	24,676		financial charges	(1,968)	(8,923)
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48									OTHER COMPREHENSIVE INCOME				Net cash flows used in financing
49					EQUITY				FOR THE YEAR, NET OF TAX	(22,150)	(69,855)		activities	(3,424,549)	(1,547,212)
50					Equity Attributable to Owners of the
51		NON-CURRENT ASSETS			Parent Entity				TOTAL COMPREHENSIVE INCOME
52		Deferred tax assets - net	239,201	322,237	Capital stock - Rp500 (in full amount)				FOR THE YEAR	1,837,668	3,800,464		NET INCREASE (DECREASE) IN
53		Investments in shares of stock			par value per share								CASH AND CASH EQUIVALENTS	(1,403,432)	1,024,942
54		and advances to an			Authorized - 8,000,000,000 shares				Net income for the year attributable to:
55		unconsolidated subsidiary - net	93,700	95,292	Issued and fully paid -				Owners of the Parent Entity	1,859,818	3,870,319
56		Fixed assets - net	14,979.453	14,643,695	3,681,231,699 shares	1,840,616	1,840,616		Non-controlling interests	-	-		NET EFFECT OF EXCHANGE RATE
57		Investment properties - net	16,404	16,981	Additional paid-in capital	2,698,863	2,698,863		Total	1,859,818	3,870,319		CHANGES ON CASH AND CASH
58		Intangible assets - net	107,357	111,953	Other comprehensive loss	(306,385)	(284,235)						EQUIVALENTS	24,293	(6,474)
59		Other non-current financial assets	88,240	81,901	Retained earnings				Total comprehensive income for
60		Other non-current assets	456,247	453,899	Appropriated	400,000	400,000		the year attributable to:
61					Unappropriated	19,923,413	21,483,459		Owners of the Parent Entity	1,837,668	3,800,464		CASH AND CASH EQUIVALENTS
62									Non-controlling interests	-	-		AT BEGINNING OF YEAR	9,674,030	8,655,562
63		TOTAL NON-CURRENT ASSETS	15,980,602	15,725,958	TOTAL EQUITY	24,556,507	26,138,703		Total	1,837,668	3,800,464
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65									BASIC EARNINGS PER SHARE				CASH AND CASH EQUIVALENTS
66		TOTAL ASSETS	28,863,676	30,150,580	TOTAL LIABILITIES AND EQUITY	28,863,676	30,150,580		(in full amount)	505,22	1,051.37		AT END OF YEAR	8,294,891	9,674,030
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68		Notes: - The above financiaal information is extracted from the consolidated financial statements of PT Indocement Tunggal Prakarsa Tbk (the "Company") and its subsidiaries as of December 31, 2017 and for the year then ended, prepared by the Company's management in accordance with Indonesian Financial Accounting Standards, which have been audited by Purwantono, Sungkoro & Surja ("PSS") a member firm of Ernst & Young Global Limited, independent auditors, in accordance with Standards on Auditing established by the Indonesian Institute of Certified Public Accountants, with an unqualified audit opinion, as stated in their report dated March 15, 2018 not included in this publication. The above financial information does not contain the concolidated statement of changes in equity and notes to the consolidated financial statements. - Basic earnings per share is computed by dividing net income for the year attributable to Owners of the Company by the weighted average number of shares outstanding during the year, which is 3,681,231,699 shares each in 2017 and 2016
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70													Jakarta, March 23, 2018
71													Board of Directors
72													PT Indocement Tunggal Prakarsa Tbk
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