PT Smartfren Telecom Tbk (IDX: FREN)

PT Smartfren Telecom Tbk Balance Sheet

Financials in millions IDR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	185,860	225,773	308,147	463,219	654,461	196,776
Trading Asset Securities	-	1,957,990	2,425,828	-	-	-
Cash & Short-Term Investments	2,083,204	2,183,763	2,733,975	463,219	654,461	196,776
Cash Growth	-8.21%	-20.12%	490.21%	-29.22%	232.59%	-51.50%
Accounts Receivable	288,698	229,954	234,897	143,497	213,082	78,452
Other Receivables	38,014	51,787	5,348	12,698	57,250	20,019
Receivables	326,712	281,741	240,245	156,195	270,332	98,471
Inventory	65,970	94,430	125,892	73,045	57,516	60,266
Prepaid Expenses	681,644	1,714,690	1,605,395	1,544,437	1,392,036	1,164,049
Restricted Cash	-	21,688	21,427	20,313	10,153	10,276
Other Current Assets	56,045	40,167	63,562	65,288	261,821	244,759
Total Current Assets	3,213,575	4,336,479	4,790,496	2,322,498	2,646,319	1,774,597
Property, Plant & Equipment	34,390,360	33,749,926	34,422,038	33,291,783	29,672,953	19,894,482
Long-Term Investments	-	-	73,950	779,088	-	-
Goodwill	901,765	901,765	901,765	901,765	901,765	901,765
Other Intangible Assets	776,084	869,813	820,770	921,330	683,025	739,993
Long-Term Deferred Tax Assets	1,515,936	1,580,905	1,781,225	1,796,137	1,672,336	1,605,313
Long-Term Deferred Charges	-	36,889	11,863	6,114	12,899	469,275
Other Long-Term Assets	1,700,924	3,569,024	3,690,260	3,339,136	3,094,979	2,265,037
Total Assets	42,498,644	45,044,801	46,492,367	43,357,850	38,684,277	27,650,462
Accounts Payable	137,432	25,350	8,465	3,922	601.64	12,276
Accrued Expenses	985,185	1,084,031	1,333,029	1,528,442	1,496,230	1,810,058
Current Portion of Long-Term Debt	252,524	148,976	1,185,446	1,122,934	1,036,161	803,499
Current Portion of Leases	2,329,783	2,552,986	2,536,854	2,601,873	1,941,670	231,976
Current Income Taxes Payable	-	63,424	55,849	50,886	67,397	42,239
Current Unearned Revenue	845,579	1,191,722	1,137,286	900,166	1,095,459	870,480
Other Current Liabilities	957,895	1,553,766	2,401,940	3,395,010	2,780,437	2,349,409
Total Current Liabilities	5,508,398	6,620,255	8,658,869	9,603,232	8,417,956	6,119,936
Long-Term Debt	5,779,064	12,086,849	9,808,978	9,668,468	9,885,155	6,520,264
Long-Term Leases	9,055,590	9,329,228	10,175,854	10,030,953	6,543,747	915,868
Other Long-Term Liabilities	255,140	1,126,963	1,859,469	1,180,158	1,228,038	1,133,506
Total Liabilities	20,768,034	29,372,146	30,732,855	30,704,407	26,318,344	14,914,975
Common Stock	46,955,168	39,889,363	39,889,354	37,161,210	32,676,809	28,146,979
Additional Paid-In Capital	823,816	826,399	826,399	826,399	713,341	713,341
Retained Earnings	-26,048,435	-25,043,205	-24,956,365	-26,034,214	-25,624,261	-24,124,888
Comprehensive Income & Other	-	-	-	700,000	4,600,000	8,000,000
Total Common Equity	21,730,549	15,672,557	15,759,388	12,653,394	12,365,889	12,735,432
Minority Interest	61	98	124	48.31	43.66	54.81
Shareholders' Equity	21,730,610	15,672,655	15,759,512	12,653,442	12,365,932	12,735,487
Total Liabilities & Equity	42,498,644	45,044,801	46,492,367	43,357,850	38,684,277	27,650,462
Total Debt	17,416,961	24,118,039	23,707,132	23,424,228	19,406,733	8,471,607
Net Cash (Debt)	-15,333,757	-21,934,276	-20,973,157	-22,961,009	-18,752,272	-8,274,831
Net Cash Per Share	-38.83	-65.40	-65.99	-73.28	-60.61	-26.74
Filing Date Shares Outstanding	478,544	335,388	335,388	308,107	263,263	217,964
Total Common Shares Outstanding	478,544	335,388	335,388	308,107	263,263	217,964
Working Capital	-2,294,823	-2,283,776	-3,868,373	-7,280,734	-5,771,636	-4,345,339
Book Value Per Share	45.41	46.73	46.99	41.07	46.97	58.43
Tangible Book Value	20,052,700	13,900,979	14,036,853	10,830,299	10,781,098	11,093,674
Tangible Book Value Per Share	41.90	41.45	41.85	35.15	40.95	50.90
Land	-	51,560	87,355	87,355	87,355	87,355
Buildings	-	458,912	614,169	601,604	473,504	461,668
Machinery	-	1,293,616	1,262,404	1,052,230	998,034	742,685
Construction In Progress	-	15,836,842	14,096,727	12,603,808	11,324,076	9,296,976

Source: S&P Capital IQ. Standard template. Financial Sources.