PT Smartfren Telecom Tbk (IDX:FREN)

PT Smartfren Telecom Tbk Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	155,311	225,773	308,147	463,219	654,461
Short-Term Investments	2,035,963	-	-	-	-
Trading Asset Securities	-	1,957,990	2,425,828	-	-
Cash & Short-Term Investments	2,191,274	2,183,763	2,733,975	463,219	654,461
Cash Growth	0.34%	-20.12%	490.21%	-29.22%	232.59%
Accounts Receivable	244,210	229,954	234,897	143,497	213,082
Other Receivables	9,720	51,787	5,348	12,698	57,250
Receivables	253,930	281,741	240,245	156,195	270,332
Inventory	55,813	94,430	125,892	73,045	57,516
Prepaid Expenses	1,807,972	1,714,690	1,605,395	1,544,437	1,392,036
Restricted Cash	-	21,688	21,427	20,313	10,153
Other Current Assets	48,745	40,167	63,562	65,288	261,821
Total Current Assets	4,357,734	4,336,479	4,790,496	2,322,498	2,646,319
Property, Plant & Equipment	33,884,970	33,749,926	34,422,038	33,291,783	29,672,953
Long-Term Investments	-	-	73,950	779,088	-
Goodwill	901,765	901,765	901,765	901,765	901,765
Other Intangible Assets	753,370	869,813	820,770	921,330	683,025
Long-Term Deferred Tax Assets	1,570,200	1,580,905	1,781,225	1,796,137	1,672,336
Long-Term Deferred Charges	-	36,889	11,863	6,114	12,899
Other Long-Term Assets	1,716,331	3,569,024	3,690,260	3,339,136	3,094,979
Total Assets	43,184,370	45,044,801	46,492,367	43,357,850	38,684,277
Accounts Payable	160,039	25,350	8,465	3,922	601.64
Accrued Expenses	1,000,373	1,084,031	1,333,029	1,528,442	1,496,230
Current Portion of Long-Term Debt	421,775	148,976	1,185,446	1,122,934	1,036,161
Current Portion of Leases	2,431,827	2,552,986	2,536,854	2,601,873	1,941,670
Current Income Taxes Payable	-	63,424	55,849	50,886	67,397
Current Unearned Revenue	829,411	1,191,722	1,137,286	900,166	1,095,459
Other Current Liabilities	1,245,995	1,553,766	2,401,940	3,395,010	2,780,437
Total Current Liabilities	6,089,420	6,620,255	8,658,869	9,603,232	8,417,956
Long-Term Debt	6,499,178	12,086,849	9,808,978	9,668,468	9,885,155
Long-Term Leases	8,753,815	9,329,228	10,175,854	10,030,953	6,543,747
Other Long-Term Liabilities	227,054	1,126,963	1,859,469	1,180,158	1,228,038
Total Liabilities	21,736,030	29,372,146	30,732,855	30,704,407	26,318,344
Common Stock	46,955,189	39,889,363	39,889,354	37,161,210	32,676,809
Additional Paid-In Capital	823,816	826,399	826,399	826,399	713,341
Retained Earnings	-26,330,709	-25,043,205	-24,956,365	-26,034,214	-25,624,261
Comprehensive Income & Other	-	-	-	700,000	4,600,000
Total Common Equity	21,448,296	15,672,557	15,759,388	12,653,394	12,365,889
Minority Interest	44	98	124	48.31	43.66
Shareholders' Equity	21,448,340	15,672,655	15,759,512	12,653,442	12,365,932
Total Liabilities & Equity	43,184,370	45,044,801	46,492,367	43,357,850	38,684,277
Total Debt	18,106,595	24,118,039	23,707,132	23,424,228	19,406,733
Net Cash (Debt)	-15,915,321	-21,934,276	-20,973,157	-22,961,009	-18,752,272
Net Cash Per Share	-36.99	-65.40	-65.99	-73.28	-60.61
Filing Date Shares Outstanding	477,903	335,388	335,388	308,107	263,263
Total Common Shares Outstanding	477,903	335,388	335,388	308,107	263,263
Working Capital	-1,731,686	-2,283,776	-3,868,373	-7,280,734	-5,771,636
Book Value Per Share	44.88	46.73	46.99	41.07	46.97
Tangible Book Value	19,793,161	13,900,979	14,036,853	10,830,299	10,781,098
Tangible Book Value Per Share	41.42	41.45	41.85	35.15	40.95
Land	-	51,560	87,355	87,355	87,355
Buildings	-	458,912	614,169	601,604	473,504
Machinery	-	1,293,616	1,262,404	1,052,230	998,034
Construction In Progress	-	15,836,842	14,096,727	12,603,808	11,324,076

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