Smartfren Telecom Tbk PT
IDX:FREN
Income Statement
Earnings Waterfall
Smartfren Telecom Tbk PT
Revenue
|
11.7T
IDR
|
Cost of Revenue
|
-3.5T
IDR
|
Gross Profit
|
8.1T
IDR
|
Operating Expenses
|
-7.6T
IDR
|
Operating Income
|
543.7B
IDR
|
Other Expenses
|
-652.6B
IDR
|
Net Income
|
-108.9B
IDR
|
Income Statement
Smartfren Telecom Tbk PT
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 428 858
N/A
|
2 594 770
+7%
|
2 730 131
+5%
|
2 867 168
+5%
|
2 954 410
+3%
|
2 979 845
+1%
|
3 041 141
+2%
|
3 037 433
0%
|
3 025 755
0%
|
3 029 329
+0%
|
3 089 214
+2%
|
3 343 805
+8%
|
3 637 386
+9%
|
3 907 316
+7%
|
4 196 853
+7%
|
4 364 059
+4%
|
4 668 496
+7%
|
4 852 275
+4%
|
5 069 544
+4%
|
5 299 354
+5%
|
5 490 311
+4%
|
5 695 263
+4%
|
5 977 841
+5%
|
6 518 630
+9%
|
6 987 805
+7%
|
7 573 099
+8%
|
8 259 930
+9%
|
8 855 690
+7%
|
9 407 883
+6%
|
9 818 355
+4%
|
10 055 641
+2%
|
10 203 927
+1%
|
10 456 829
+2%
|
10 729 347
+3%
|
10 959 649
+2%
|
11 101 724
+1%
|
11 202 579
+1%
|
11 298 209
+1%
|
11 311 072
+0%
|
11 545 222
+2%
|
11 655 708
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 704 801)
|
(1 788 343)
|
(1 827 280)
|
(1 850 244)
|
(1 894 591)
|
(1 893 027)
|
(1 905 586)
|
(1 897 174)
|
(1 925 389)
|
(1 764 339)
|
(1 618 296)
|
(1 522 940)
|
(1 531 101)
|
(1 629 924)
|
(1 687 844)
|
(1 740 970)
|
(1 687 611)
|
(1 704 161)
|
(1 746 209)
|
(1 757 258)
|
(1 771 344)
|
(1 806 030)
|
(1 876 071)
|
(1 967 889)
|
(2 048 206)
|
(2 184 410)
|
(2 301 483)
|
(2 466 872)
|
(2 552 103)
|
(2 636 233)
|
(2 709 572)
|
(2 769 736)
|
(2 775 780)
|
(2 878 761)
|
(2 984 004)
|
(3 093 135)
|
(3 340 851)
|
(3 372 692)
|
(3 414 239)
|
(3 455 622)
|
(3 523 218)
|
|
Gross Profit |
724 057
N/A
|
806 427
+11%
|
902 853
+12%
|
1 016 925
+13%
|
1 059 819
+4%
|
1 086 820
+3%
|
1 135 557
+4%
|
1 140 262
+0%
|
1 100 366
-3%
|
1 264 992
+15%
|
1 470 919
+16%
|
1 820 865
+24%
|
2 106 284
+16%
|
2 277 392
+8%
|
2 509 008
+10%
|
2 623 087
+5%
|
2 980 885
+14%
|
3 148 111
+6%
|
3 323 333
+6%
|
3 542 095
+7%
|
3 718 967
+5%
|
3 889 234
+5%
|
4 101 770
+5%
|
4 550 741
+11%
|
4 939 598
+9%
|
5 388 689
+9%
|
5 958 447
+11%
|
6 388 818
+7%
|
6 855 780
+7%
|
7 182 122
+5%
|
7 346 069
+2%
|
7 434 190
+1%
|
7 681 049
+3%
|
7 850 586
+2%
|
7 975 645
+2%
|
8 008 589
+0%
|
7 861 727
-2%
|
7 925 517
+1%
|
7 896 833
0%
|
8 089 600
+2%
|
8 132 490
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 335 144)
|
(2 382 124)
|
(2 246 830)
|
(2 199 017)
|
(2 032 472)
|
(2 034 492)
|
(2 107 988)
|
(2 172 486)
|
(2 430 911)
|
(2 851 522)
|
(3 326 258)
|
(3 899 150)
|
(4 088 872)
|
(4 258 327)
|
(4 374 701)
|
(4 635 313)
|
(5 234 083)
|
(5 440 088)
|
(5 852 724)
|
(6 158 929)
|
(6 365 501)
|
(6 344 248)
|
(6 478 710)
|
(6 844 644)
|
(7 241 887)
|
(7 409 047)
|
(7 850 298)
|
(7 983 878)
|
(7 640 455)
|
(7 615 036)
|
(7 342 932)
|
(7 159 910)
|
(7 433 860)
|
(7 386 439)
|
(7 343 532)
|
(7 329 973)
|
(7 238 605)
|
(7 314 759)
|
(7 432 255)
|
(7 583 844)
|
(7 588 788)
|
|
Selling, General & Administrative |
(853 546)
|
(880 942)
|
(867 239)
|
(864 215)
|
(837 654)
|
(795 333)
|
(827 173)
|
(847 861)
|
(891 063)
|
(1 104 989)
|
(1 361 233)
|
(1 694 209)
|
(1 909 334)
|
(2 090 691)
|
(2 147 294)
|
(2 175 292)
|
(2 317 946)
|
(2 341 178)
|
(2 465 038)
|
(2 504 605)
|
(2 692 628)
|
(2 798 365)
|
(2 971 904)
|
(3 301 228)
|
(3 525 473)
|
(3 583 620)
|
(3 721 548)
|
(3 762 968)
|
(3 769 504)
|
(3 933 043)
|
(3 850 415)
|
(3 732 452)
|
(3 541 793)
|
(3 331 031)
|
(3 159 697)
|
(2 977 199)
|
(2 797 987)
|
(2 801 288)
|
(2 806 308)
|
(2 911 958)
|
(2 937 188)
|
|
Depreciation & Amortization |
(1 481 597)
|
(1 501 180)
|
(1 377 662)
|
(1 313 168)
|
(1 194 818)
|
(1 239 158)
|
(1 280 815)
|
(1 324 625)
|
(1 539 849)
|
(1 746 533)
|
(1 965 025)
|
(2 204 941)
|
(2 131 910)
|
(2 167 636)
|
(2 227 407)
|
(2 460 021)
|
(2 916 137)
|
(3 251 869)
|
(3 526 409)
|
(3 627 952)
|
(3 621 087)
|
(3 685 607)
|
(3 652 306)
|
(3 678 664)
|
(3 683 182)
|
(3 791 675)
|
(4 097 289)
|
(4 187 068)
|
(3 833 421)
|
(3 643 537)
|
(3 453 877)
|
(3 394 676)
|
(3 852 584)
|
(4 014 035)
|
(4 142 088)
|
(4 313 001)
|
(4 401 421)
|
(4 471 832)
|
(4 575 926)
|
(4 622 639)
|
(4 602 252)
|
|
Other Operating Expenses |
0
|
0
|
(1 929)
|
(21 634)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(47 627)
|
0
|
0
|
0
|
0
|
152 959
|
138 723
|
(26 372)
|
(51 785)
|
139 724
|
145 501
|
135 249
|
(33 232)
|
(33 751)
|
(31 460)
|
(33 842)
|
(37 530)
|
(38 455)
|
(38 641)
|
(32 782)
|
(39 484)
|
(41 373)
|
(41 746)
|
(39 773)
|
(39 197)
|
(41 640)
|
(50 021)
|
(49 247)
|
(49 348)
|
|
Operating Income |
(1 611 087)
N/A
|
(1 575 696)
+2%
|
(1 343 977)
+15%
|
(1 182 091)
+12%
|
(972 653)
+18%
|
(947 673)
+3%
|
(972 433)
-3%
|
(1 032 226)
-6%
|
(1 330 545)
-29%
|
(1 586 531)
-19%
|
(1 855 339)
-17%
|
(2 078 285)
-12%
|
(1 982 587)
+5%
|
(1 980 935)
+0%
|
(1 865 692)
+6%
|
(2 012 224)
-8%
|
(2 253 199)
-12%
|
(2 291 974)
-2%
|
(2 529 390)
-10%
|
(2 616 833)
-3%
|
(2 646 534)
-1%
|
(2 455 015)
+7%
|
(2 376 940)
+3%
|
(2 293 903)
+3%
|
(2 302 289)
0%
|
(2 020 358)
+12%
|
(1 891 851)
+6%
|
(1 595 060)
+16%
|
(784 675)
+51%
|
(432 914)
+45%
|
3 136
N/A
|
274 280
+8 645%
|
247 189
-10%
|
464 147
+88%
|
632 113
+36%
|
678 616
+7%
|
623 122
-8%
|
610 758
-2%
|
464 578
-24%
|
505 756
+9%
|
543 702
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 157 286)
|
(730 101)
|
(1 068 255)
|
(858 498)
|
(427 360)
|
(1 169 364)
|
(834 223)
|
(1 123 746)
|
(612 617)
|
(77 032)
|
(27 457)
|
383 067
|
(437 065)
|
(640 236)
|
(738 976)
|
(1 004 277)
|
(676 794)
|
(862 843)
|
(1 035 875)
|
(1 255 301)
|
(869 609)
|
(527 799)
|
(323 229)
|
150 695
|
(66 971)
|
(1 680 516)
|
(560 879)
|
(865 884)
|
(797 458)
|
315 727
|
(811 067)
|
(523 168)
|
(847 052)
|
(667 536)
|
(819 697)
|
726 318
|
437 916
|
289 638
|
384 416
|
(1 515 721)
|
(1 162 377)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
159 240
|
0
|
0
|
159 240
|
189 588
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(1 571)
|
(3 265)
|
(3 112)
|
2 341
|
(1 570)
|
5 281
|
5 155
|
4 236
|
4 650
|
8 550
|
7 237
|
11 131
|
12 963
|
10 645
|
16 237
|
17 771
|
18 148
|
21 954
|
18 530
|
12 123
|
0
|
3 105
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
162 384
|
|
Total Other Income |
61 883
|
(1 410)
|
(50 400)
|
(81 125)
|
(8 270)
|
1 022
|
30 944
|
62 167
|
(69 494)
|
(24 050)
|
(67 117)
|
(248)
|
(67 784)
|
(27 377)
|
(15 800)
|
(325 085)
|
(25 038)
|
(20 467)
|
30 368
|
218 808
|
40 718
|
(33 145)
|
15 322
|
3 822
|
30 042
|
34 378
|
(53 909)
|
39 515
|
(15 228)
|
776
|
54 378
|
33 201
|
33 579
|
37 118
|
32 637
|
29 968
|
15 438
|
23 734
|
6 809
|
30 981
|
541 430
|
|
Pre-Tax Income |
(2 708 059)
N/A
|
(2 310 471)
+15%
|
(2 465 742)
-7%
|
(2 119 373)
+14%
|
(1 409 852)
+33%
|
(2 110 732)
-50%
|
(1 770 555)
+16%
|
(2 089 569)
-18%
|
(2 008 006)
+4%
|
(1 679 064)
+16%
|
(1 942 678)
-16%
|
(1 684 335)
+13%
|
(2 474 474)
-47%
|
(2 637 903)
-7%
|
(2 604 232)
+1%
|
(3 323 815)
-28%
|
(2 777 643)
+16%
|
(3 153 332)
-14%
|
(3 516 368)
-12%
|
(3 481 963)
+1%
|
(3 285 837)
+6%
|
(3 012 854)
+8%
|
(2 684 847)
+11%
|
(2 139 386)
+20%
|
(2 339 217)
-9%
|
(3 666 496)
-57%
|
(2 506 639)
+32%
|
(2 421 429)
+3%
|
(1 597 362)
+34%
|
(116 410)
+93%
|
(753 553)
-547%
|
(215 687)
+71%
|
(566 284)
-163%
|
(166 271)
+71%
|
(154 947)
+7%
|
1 434 902
N/A
|
1 076 476
-25%
|
924 130
-14%
|
855 803
-7%
|
(978 983)
N/A
|
85 139
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
173 595
|
131 826
|
108 402
|
187 117
|
27 368
|
176 531
|
226 436
|
308 442
|
442 596
|
399 157
|
525 014
|
175 448
|
500 039
|
175 125
|
131 265
|
(188 856)
|
(245 093)
|
199 927
|
10 227
|
778 224
|
(266 997)
|
(279 654)
|
(290 348)
|
(548 530)
|
151 446
|
126 245
|
168 851
|
120 860
|
73 759
|
(26 878)
|
128
|
2 258
|
130 959
|
152 764
|
226 134
|
214 479
|
(12 171)
|
(264 796)
|
(389 316)
|
(199 355)
|
(194 091)
|
|
Income from Continuing Operations |
(2 534 462)
|
(2 178 644)
|
(2 357 341)
|
(1 932 257)
|
(1 382 484)
|
(1 934 203)
|
(1 544 121)
|
(1 781 129)
|
(1 565 410)
|
(1 279 909)
|
(1 417 665)
|
(1 508 888)
|
(1 974 434)
|
(2 462 778)
|
(2 472 966)
|
(3 512 670)
|
(3 022 736)
|
(2 953 404)
|
(3 506 140)
|
(2 703 738)
|
(3 552 834)
|
(3 292 507)
|
(2 975 195)
|
(2 687 916)
|
(2 187 772)
|
(3 540 252)
|
(2 337 788)
|
(2 300 569)
|
(1 523 603)
|
(143 289)
|
(753 425)
|
(213 429)
|
(435 325)
|
(13 507)
|
71 188
|
1 649 381
|
1 064 305
|
659 334
|
466 487
|
(1 178 338)
|
(108 952)
|
|
Income to Minority Interest |
285
|
227
|
242
|
260
|
178
|
251
|
182
|
209
|
179
|
138
|
129
|
85
|
109
|
102
|
115
|
186
|
140
|
164
|
195
|
139
|
214
|
177
|
146
|
115
|
52
|
79
|
44
|
48
|
12
|
(12)
|
(4)
|
(15)
|
(4)
|
(12)
|
(10)
|
(71)
|
(75)
|
(68)
|
(65)
|
13
|
26
|
|
Net Income (Common) |
(2 534 179)
N/A
|
(2 178 418)
+14%
|
(2 357 100)
-8%
|
(1 931 998)
+18%
|
(1 382 306)
+28%
|
(1 933 952)
-40%
|
(1 543 938)
+20%
|
(1 780 919)
-15%
|
(1 565 231)
+12%
|
(1 279 771)
+18%
|
(1 417 537)
-11%
|
(1 508 804)
-6%
|
(1 974 325)
-31%
|
(2 462 676)
-25%
|
(2 472 851)
0%
|
(3 512 484)
-42%
|
(3 022 596)
+14%
|
(2 953 239)
+2%
|
(3 505 945)
-19%
|
(2 703 598)
+23%
|
(3 552 620)
-31%
|
(3 292 331)
+7%
|
(2 975 049)
+10%
|
(2 687 800)
+10%
|
(2 187 720)
+19%
|
(3 540 173)
-62%
|
(2 337 744)
+34%
|
(2 300 521)
+2%
|
(1 523 591)
+34%
|
(143 300)
+91%
|
(753 429)
-426%
|
(213 443)
+72%
|
(435 329)
-104%
|
(13 519)
+97%
|
71 177
N/A
|
1 649 310
+2 217%
|
1 064 229
-35%
|
659 265
-38%
|
466 421
-29%
|
(1 178 325)
N/A
|
(108 926)
+91%
|
|
EPS (Diluted) |
-38.62
N/A
|
-137.34
-256%
|
-19.5
+86%
|
-25.69
-32%
|
-19.43
+24%
|
-89.73
-362%
|
-9.22
+90%
|
-19.51
-112%
|
-14
+28%
|
-11.44
+18%
|
-12.67
-11%
|
-13.5
-7%
|
-17.56
-30%
|
-17.31
+1%
|
-16.23
+6%
|
-22.45
-38%
|
-19.69
+12%
|
-14.3
+27%
|
-16.97
-19%
|
-13.09
+23%
|
-16.34
-25%
|
-12.05
+26%
|
-10.89
+10%
|
-9.68
+11%
|
-7.07
+27%
|
-16.24
-130%
|
-10.72
+34%
|
-9.13
+15%
|
-4.92
+46%
|
-0.46
+91%
|
-2.44
-430%
|
-0.52
+79%
|
-1.39
-167%
|
-0.03
+98%
|
0.24
N/A
|
5.31
+2 113%
|
3.35
-37%
|
1.96
-41%
|
1.39
-29%
|
-3.51
N/A
|
-0.32
+91%
|