Financial highlights

Investors

Financial highlights

Expressed in thousands of US dollars, unless otherwise stated

Description 2018 2017 2016 2015 2014
Profit or Loss and Other Comprehensive Income Highlights
Revenue 776,900 629,334 584,143 789,745 1,038,082
Cost of Revenue (672,899) (622,780) (550,018) (671,389) (731,420)
Gross Profit 104,001 6,554 34,125 118,356 306,662
(Loss)/Profit Before Income Tax 82,617 (23,020) 5,165 69,828 236,931
Income Tax Benefit/(Expense) (22,105) 7,749 (3,259) (19,327) (64,660)
(Loss)/Profit for the Year 60,512 (15,271) 1,906 50,501 172,271
Net (Loss)/Profit After Tax Attributable to the Owners of the Parent* N/A N/A N/A N/A N/A
Net (Loss)/Profit After Tax Attributable to Non-Controlling Interests* N/A N/A N/A N/A N/A
Comprehensive Income Attributable to the
Owners of the Parent*
N/A N/A N/A N/A N/A
Comprehensive Income Attributable to the
Non-Controlling Interests*
N/A N/A N/A N/A N/A
Total Other Comprehensive Income 3,848 49 (1,274) (1,897) (1,125)
Total Comprehensive (Loss)/Income for the
Year
64,360 (15,222) 632 48,604 171,146
Total Oustanding Shares (in Thousand Shares) 2,630,527 3,384,111 3,252,982 2,281,124 3,364,108
(Loss)/Earnings per Share (in IDR) – Basic and
Diluted
88.71 (20.42) 2.69 68.98 210.95
Dividends per Share (in IDR) 0 0 0 0 372.27
Adjusted EBITDA 235,673 111,635 134,966 214,682 371,846
Financial Position Highlights
Cash and Cash Equivalents 301,153 221,699 185,560 194,754 302,256
Trade Receivables 124,248 165,577 146,616 78,200 92,706
Inventories 131,779 117,726 129,796 104,066 139,287
Other Current Assets 73,818 92,054 137,182 217,880 87,185
Current Assets 630,998 597,056 599,154 594,900 621,434
Other Non-Current Assets 136,944 93,714 93,685 90,959 104,233
Fixed Assets 1,434,510 1,493,789 1,532,653 1,603,302 1,608,523
Total Assets 2,202,452 2,184,559 2,225,492 2,289,161 2,334,190
Trade Payables 91,181 60,940 64,274 85,636 74,214
Other Current Liabilities 84,159 68,360 67,715 62,863 134,176
Non-Current Liabilities 143,385 235,892 258,914 306,705 340,447
Total Liabilities 318,725 365,192 390,903 455,204 548,837
Total Equity 1,883,727 1,819,367 1,834,589 1,833,957 1,785,353
Total Liabilities and equity 2,202,452 2,184,559 2,225,492 2,289,161 2,334,190
Capital Expenditures/Investments 103,369 68,525 60,660 106,390 76,846
Net Working Capital 455,658 467,756 467,165 446,401 413,044
Financial Ratios
Net Profit Margin 8% (2)% 0% 6% 17%
Gross Profit Margin 13% 1% 6% 15% 30%
Operational Margin 11% (3)% 2% 10% 24%
Return on Average Equity (ROE) 3% (1)% 0% 3% 10%
Return on Average Assets (ROA) 3% (1)% 0% 2% 7%
Debt/Equity 5% 4% 4% 5% 4%
Debt/Assets 4% 3% 3% 4% 3%
Receivable Turnover (Days) 67 89 69 39 28
Inventory Turnover (Days) 76 97 123 96 90
Current Ratio 3.60 4.62 4.54 4.01 2.98

The Company does not own investment in associate entity

*The Company does not specifically attribute Profit (Loss) for The Year and Comprehensive Profit (Loss) for Owners of the Parent and Non-Controlling Interest

Source: PT Vale Indonesia Annual Report 2018