Indah Kiat Pulp & Paper Tbk PT
IDX:INKP
Income Statement
Earnings Waterfall
Indah Kiat Pulp & Paper Tbk PT
Revenue
|
3.5B
USD
|
Cost of Revenue
|
-2.3B
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-344.3m
USD
|
Operating Income
|
787.7m
USD
|
Other Expenses
|
-376.3m
USD
|
Net Income
|
411.5m
USD
|
Income Statement
Indah Kiat Pulp & Paper 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 |
2 652
N/A
|
2 619
-1%
|
2 551
-3%
|
2 568
+1%
|
2 635
+3%
|
2 702
+3%
|
2 774
+3%
|
2 821
+2%
|
2 834
+0%
|
2 808
-1%
|
2 810
+0%
|
2 764
-2%
|
2 720
-2%
|
2 788
+2%
|
2 793
+0%
|
2 954
+6%
|
3 128
+6%
|
3 226
+3%
|
3 333
+3%
|
3 374
+1%
|
3 335
-1%
|
3 268
-2%
|
3 249
-1%
|
3 295
+1%
|
3 223
-2%
|
3 228
+0%
|
3 133
-3%
|
2 948
-6%
|
2 986
+1%
|
3 007
+1%
|
3 129
+4%
|
3 301
+5%
|
3 517
+7%
|
3 711
+6%
|
3 830
+3%
|
4 008
+5%
|
4 003
0%
|
4 063
+2%
|
3 993
-2%
|
3 692
-8%
|
3 479
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 201)
|
(2 165)
|
(2 131)
|
(2 142)
|
(2 181)
|
(2 216)
|
(2 242)
|
(2 247)
|
(2 224)
|
(2 189)
|
(2 184)
|
(2 163)
|
(2 139)
|
(2 164)
|
(2 128)
|
(2 183)
|
(2 224)
|
(2 215)
|
(2 201)
|
(2 173)
|
(2 132)
|
(2 149)
|
(2 239)
|
(2 344)
|
(2 347)
|
(2 322)
|
(2 216)
|
(2 088)
|
(2 123)
|
(2 143)
|
(2 183)
|
(2 231)
|
(2 288)
|
(2 366)
|
(2 403)
|
(2 423)
|
(2 413)
|
(2 438)
|
(2 465)
|
(2 429)
|
(2 347)
|
|
Gross Profit |
451
N/A
|
454
+1%
|
421
-7%
|
426
+1%
|
454
+7%
|
486
+7%
|
532
+10%
|
575
+8%
|
610
+6%
|
620
+2%
|
626
+1%
|
601
-4%
|
581
-3%
|
624
+7%
|
665
+7%
|
771
+16%
|
904
+17%
|
1 011
+12%
|
1 131
+12%
|
1 201
+6%
|
1 204
+0%
|
1 119
-7%
|
1 011
-10%
|
951
-6%
|
876
-8%
|
905
+3%
|
917
+1%
|
860
-6%
|
863
+0%
|
864
+0%
|
946
+10%
|
1 070
+13%
|
1 228
+15%
|
1 345
+10%
|
1 428
+6%
|
1 584
+11%
|
1 590
+0%
|
1 625
+2%
|
1 528
-6%
|
1 263
-17%
|
1 132
-10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(277)
|
(266)
|
(256)
|
(256)
|
(261)
|
(273)
|
(277)
|
(284)
|
(283)
|
(280)
|
(284)
|
(279)
|
(294)
|
(292)
|
(288)
|
(298)
|
(301)
|
(298)
|
(295)
|
(304)
|
(310)
|
(313)
|
(326)
|
(321)
|
(316)
|
(328)
|
(322)
|
(319)
|
(331)
|
(338)
|
(354)
|
(369)
|
(370)
|
(392)
|
(416)
|
(442)
|
(452)
|
(434)
|
(412)
|
(379)
|
(344)
|
|
Selling, General & Administrative |
(266)
|
(255)
|
(245)
|
(245)
|
(250)
|
(261)
|
(265)
|
(272)
|
(274)
|
(268)
|
(274)
|
(268)
|
(282)
|
(282)
|
(276)
|
(286)
|
(289)
|
(287)
|
(284)
|
(293)
|
(299)
|
(303)
|
(316)
|
(311)
|
(306)
|
(318)
|
(312)
|
(309)
|
(318)
|
(324)
|
(339)
|
(354)
|
(357)
|
(379)
|
(403)
|
(428)
|
(441)
|
(424)
|
(402)
|
(368)
|
(332)
|
|
Depreciation & Amortization |
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(9)
|
(13)
|
(11)
|
(11)
|
(12)
|
(10)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(14)
|
(14)
|
(15)
|
(15)
|
(13)
|
(13)
|
(13)
|
(14)
|
(11)
|
(11)
|
(10)
|
(11)
|
(13)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
174
N/A
|
188
+8%
|
165
-13%
|
170
+3%
|
192
+13%
|
213
+11%
|
255
+20%
|
291
+14%
|
327
+12%
|
339
+4%
|
342
+1%
|
322
-6%
|
287
-11%
|
332
+16%
|
376
+14%
|
474
+26%
|
603
+27%
|
712
+18%
|
836
+17%
|
898
+7%
|
894
0%
|
805
-10%
|
685
-15%
|
630
-8%
|
560
-11%
|
578
+3%
|
595
+3%
|
541
-9%
|
531
-2%
|
526
-1%
|
593
+13%
|
700
+18%
|
858
+23%
|
954
+11%
|
1 011
+6%
|
1 143
+13%
|
1 138
0%
|
1 191
+5%
|
1 116
-6%
|
884
-21%
|
788
-11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
32
|
(10)
|
(26)
|
(53)
|
(88)
|
(61)
|
(58)
|
(44)
|
(92)
|
(139)
|
(161)
|
(199)
|
(139)
|
(110)
|
(96)
|
(99)
|
(153)
|
(157)
|
(120)
|
(111)
|
(157)
|
(162)
|
(207)
|
(224)
|
(205)
|
(131)
|
(190)
|
(181)
|
(197)
|
(221)
|
(169)
|
(207)
|
(227)
|
(259)
|
(229)
|
(234)
|
(171)
|
(239)
|
(302)
|
(261)
|
(287)
|
|
Total Other Income |
1
|
(1)
|
20
|
20
|
22
|
23
|
4
|
(2)
|
(5)
|
(14)
|
(17)
|
(13)
|
(2)
|
(6)
|
(4)
|
0
|
8
|
6
|
(13)
|
(8)
|
(1)
|
(4)
|
28
|
28
|
43
|
36
|
39
|
46
|
49
|
47
|
43
|
36
|
29
|
32
|
34
|
67
|
80
|
69
|
86
|
56
|
49
|
|
Pre-Tax Income |
207
N/A
|
178
-14%
|
158
-11%
|
137
-14%
|
127
-7%
|
175
+39%
|
201
+15%
|
244
+22%
|
230
-6%
|
187
-19%
|
164
-12%
|
109
-33%
|
145
+33%
|
215
+48%
|
277
+28%
|
375
+35%
|
457
+22%
|
561
+23%
|
704
+25%
|
779
+11%
|
736
-6%
|
639
-13%
|
506
-21%
|
433
-14%
|
398
-8%
|
482
+21%
|
444
-8%
|
407
-8%
|
383
-6%
|
351
-8%
|
466
+33%
|
530
+14%
|
661
+25%
|
727
+10%
|
816
+12%
|
976
+20%
|
1 047
+7%
|
1 020
-3%
|
899
-12%
|
679
-24%
|
550
-19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
14
|
19
|
27
|
28
|
(0)
|
(10)
|
(23)
|
(25)
|
(7)
|
1
|
3
|
29
|
57
|
47
|
52
|
19
|
(44)
|
(79)
|
(121)
|
(137)
|
(148)
|
(133)
|
(112)
|
(123)
|
(124)
|
(102)
|
(113)
|
(83)
|
(89)
|
(97)
|
(93)
|
(133)
|
(134)
|
(164)
|
(178)
|
(193)
|
(190)
|
(206)
|
(168)
|
(148)
|
(138)
|
|
Income from Continuing Operations |
221
|
196
|
186
|
164
|
126
|
165
|
178
|
220
|
223
|
188
|
167
|
139
|
203
|
262
|
328
|
393
|
413
|
483
|
583
|
642
|
588
|
506
|
394
|
310
|
274
|
381
|
331
|
324
|
294
|
254
|
374
|
397
|
526
|
563
|
639
|
783
|
857
|
814
|
731
|
531
|
411
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
221
N/A
|
196
-11%
|
186
-5%
|
164
-12%
|
126
-23%
|
165
+31%
|
178
+7%
|
220
+24%
|
223
+1%
|
188
-16%
|
167
-11%
|
139
-17%
|
203
+46%
|
262
+29%
|
328
+25%
|
393
+20%
|
413
+5%
|
483
+17%
|
583
+21%
|
642
+10%
|
588
-8%
|
506
-14%
|
394
-22%
|
310
-21%
|
274
-11%
|
381
+39%
|
331
-13%
|
324
-2%
|
294
-9%
|
254
-14%
|
374
+47%
|
397
+6%
|
526
+32%
|
564
+7%
|
639
+13%
|
783
+23%
|
858
+10%
|
814
-5%
|
731
-10%
|
531
-27%
|
411
-23%
|
|
EPS (Diluted) |
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.04
+100%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.02
N/A
|
0.04
+100%
|
0.05
+25%
|
0.07
+40%
|
0.08
+14%
|
0.08
N/A
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.11
N/A
|
0.09
-18%
|
0.07
-22%
|
0.06
-14%
|
0.05
-17%
|
0.07
+40%
|
0.06
-14%
|
0.06
N/A
|
0.05
-17%
|
0.05
N/A
|
0.07
+40%
|
0.07
N/A
|
0.1
+43%
|
0.1
N/A
|
0.12
+20%
|
0.14
+17%
|
0.16
+14%
|
0.15
-6%
|
0.13
-13%
|
0.1
-23%
|
0.08
-20%
|