BUMITAMA AGRI LTD.
(Incorporated in the Republic of Singapore)
(Company Registration No. 200516741R)
Unaudited condensed interim consolidated financial statements
For the six months ended 30 June 2023
Table of Content | ||
A. | Condensed interim consolidated statement of profit or loss | 1 |
B. Condensed interim consolidated statement of comprehensive income | 2 | |
C. | Condensed interim statements of financial position | 3 |
D. | Condensed interim statements of changes in equity | 5 |
E. | Condensed interim consolidated statements of cash flows | 8 |
F. | Notes to the condensed interim consolidated financial statements | 10 |
G. | Other information required under Appendix 7.2 of the SGX-ST Listing Rules | 19 |
- Condensed interim consolidated statement of profit or loss
Group | ||||
1H2023 | 1H2022 | Changes | ||
Note | IDR million | IDR million | (%) | |
Revenue | 4 | 7,495,925 | 8,968,347 | -16.4% |
Cost of Sales | 5 | (5,342,258) | (5,196,106) | 2.8% |
Gross profit | 2,153,667 | 3,772,241 | -42.9% | |
Interest income | 82,129 | 84,053 | -2.3% | |
Selling expenses | (176,264) | (139,500) | 26.4% | |
General and administrative expenses | (343,412) | (250,046) | 37.3% | |
Finance cost | (65,270) | (68,636) | -4.9% | |
Foreign exchange gain/(loss) | 174,287 | (125,099) | n.m. | |
Other income, net | 8,964 | 5,897 | n.m. | |
Profit before taxation | 1,834,101 | 3,278,910 | -44.1% | |
Taxation | 8 | (413,502) | (683,466) | -39.5% |
Profit for the period | 1,420,599 | 2,595,444 | -45.3% |
Attributable to:
Owners of the Company
Non-controlling interests
EBITDA
Earnings per share attributable to owners of the Company *) Basic and diluted (IDR per share)
*) based on weighted average number of shares n.m. - not meaningful
1,188,885 2,178,739 -45.4%
231,714 416,705 -44.4%
1,420,599 2,595,444 -45.3%
2,056,659 3,772,868 -45.5%
686 1,247
The accompanying explanatory notes form an integral part of the unaudited condensed interim consolidated financial statements.
- 1 -
- Condensed interim consolidated statement of comprehensive income
Profit for the period
Other comprehensive income
Item that may be reclassified subsequently to profit or loss:
Group
1H2023 | 1H2022 | Changes |
IDR million | IDR million | (%) |
1,420,599 | 2,595,444 | -45.3% |
Foreign currency translation loss | (58,037) | (16,288) | n.m. | |
Fair value reserve on derivative financial assets/liabilities | (12,853) | 96,581 | n.m. | |
Other comprehensive income for the period, net of tax | (70,890) | 80,293 | n.m. | |
Total comprehensive income for the period | 1,349,709 | 2,675,737 | -49.6% | |
Attributable to: | ||||
Owners of the Company | 1,117,995 | 2,259,032 | -50.5% | |
Non-controlling interests | 231,714 | 416,705 | -44.4% | |
1,349,709 | 2,675,737 | -49.6% | ||
n.m. - not meaningful
The accompanying explanatory notes form an integral part of the unaudited condensed interim consolidated financial statements.
- 2 -
- Condensed interim statements of financial position
Group | Company | ||||
Note | 30-Jun-23 | 31-Dec-22 | 30-Jun-2331-Dec-22 | ||
IDR million | IDR million | IDR million | IDR million | ||
ASSETS | |||||
Non-current assets | |||||
Plasma receivables | 11 | 1,502,730 | 1,544,101 | - | - |
Property, plant and equipment | 12 | 4,751,918 | 4,568,619 | 207 | 478 |
Bearer plants | 13 | 7,802,699 | 7,843,235 | - | - |
Land use rights | 1,041,182 | 1,032,983 | - | - | |
Investment in subsidiaries | - | - | 2,125,745 | 2,225,482 | |
Intangible assets | 14 | 193,818 | 194,076 | - | - |
Derivative financial assets | - | 68,788 | - | 68,788 | |
Deferred tax assets | 91,920 | 107,680 | - | - | |
Due from subsidiaries | - | - | 4,227,486 | 5,353,187 | |
Total non-current assets | 15,384,267 | 15,359,482 | 6,353,438 | 7,647,935 | |
Current assets | |||||
Biological assets | 375,530 | 288,618 | - | - | |
Inventories | 2,060,427 | 2,327,206 | - | - | |
Deferred charges | 8,503 | 8,376 | - | - | |
Trade and other receivables | 199,462 | 214,855 | 276 | 963 | |
Due from related companies | 50 | 50 | - | - | |
Plasma receivables | 11 | 152,544 | 283,529 | - | - |
Prepayments and advances | 48,034 | 58,061 | 252 | 213 | |
Prepaid taxes | 756,053 | 531,779 | 169 | 105 | |
Derivative financial assets | 45,136 | - | 45,136 | - | |
Cash and short-term deposits | 397,653 | 826,210 | 42,535 | 512,902 | |
Total current assets | 4,043,392 | 4,538,684 | 88,368 | 514,183 | |
Total assets | 19,427,659 | 19,898,166 | 6,441,806 | 8,162,118 | |
LIABILITIES AND EQUITY | |||||
Current liabilities | |||||
Loans and borrowings | 15 | 1,847,001 | 78,655 | 1,397,418 | - |
Trade and other payables | 156,378 | 459,479 | 58 | 94 | |
Accrued operating expenses | 282,804 | 277,030 | 29,615 | 34,418 | |
Sales advances | 275,550 | 422,813 | - | - | |
Taxes payable | 401,460 | 620,252 | 2,546 | 1,097 | |
Total current liabilities | 2,963,193 | 1,858,229 | 1,429,637 | 35,609 | |
The accompanying explanatory notes form an integral part of the unaudited condensed interim consolidated financial statements.
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Bumitama Agri Ltd. published this content on 04 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2023 07:29:05 UTC.