PT Semen Baturaja (Persero) Tbk (IDX: SMBR)

SMBR Income Statement

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
Revenue	1,999,621	2,040,679	1,881,767	1,751,586	1,721,907	1,999,517
Revenue Growth (YoY)	-0.59%	8.44%	7.43%	1.72%	-13.88%	0.19%
Cost of Revenue	1,458,140	1,405,327	1,120,801	983,749	1,012,698	1,145,740
Gross Profit	541,481	635,352	760,967	767,836	709,210	853,777
Selling, General & Admin	364,276	423,156	499,317	560,206	549,150	630,513
Other Operating Expenses	-39,374	-39,374	9,930	-27,248	-55,664	-7,926
Operating Expenses	324,902	383,782	509,246	532,959	493,486	622,587
Operating Income	216,579	251,570	251,720	234,878	215,723	231,190
Interest Expense	-85,576	-98,607	-162,646	-180,355	-183,780	-155,384
Interest & Investment Income	4,214	5,099	11,656	14,398	5,087	7,967
Currency Exchange Gain (Loss)	-495.74	-213.99	-317.1	-454.27	-563.39	528.83
Other Non Operating Income (Expenses)	1,778	-	-	-	-	2,270
EBT Excluding Unusual Items	136,499	157,848	100,413	68,467	36,468	86,572
Gain (Loss) on Sale of Assets	-	-	146.63	303.87	-	-
Pretax Income	136,499	162,583	102,081	68,908	36,468	86,572
Income Tax Expense	33,273	41,011	24,763	22,202	25,486	56,498
Earnings From Continuing Operations	103,226	121,573	77,318	46,706	10,982	30,074
Minority Interest in Earnings	-2.4	-1.56	5.51	-1.6	2.9	-1.52
Net Income	103,223	121,571	77,323	46,704	10,985	30,072
Preferred Dividends & Other Adjustments	0	-	-	-	-	0
Net Income to Common	103,223	121,571	77,323	46,704	10,985	30,072
Net Income Growth	17.14%	57.22%	65.56%	325.18%	-63.47%	-60.47%
Shares Outstanding (Basic)	9,933	9,933	9,933	9,933	9,933	9,933
Shares Outstanding (Diluted)	9,933	9,933	9,933	9,933	9,933	9,933
EPS (Basic)	10.39	12.24	7.78	4.70	1.11	3.03
EPS (Diluted)	10.39	12.24	7.78	4.70	1.11	3.03
EPS Growth	17.14%	57.22%	65.56%	325.18%	-63.47%	-60.47%
Free Cash Flow	263,212	199,088	352,566	138,901	275,178	-185,261
Free Cash Flow Per Share	26.50	20.04	35.50	13.98	27.70	-18.65
Dividend Per Share	2.448	2.448	-	-	-	-
Gross Margin	27.08%	31.13%	40.44%	43.84%	41.19%	42.70%
Operating Margin	10.83%	12.33%	13.38%	13.41%	12.53%	11.56%
Profit Margin	5.16%	5.96%	4.11%	2.67%	0.64%	1.50%
Free Cash Flow Margin	13.16%	9.76%	18.74%	7.93%	15.98%	-9.27%
EBITDA	386,400	456,536	406,010	380,038	359,527	393,628
EBITDA Margin	19.32%	22.37%	21.58%	21.70%	20.88%	19.69%
D&A For EBITDA	169,822	204,966	154,290	145,160	143,803	162,438
EBIT	216,579	251,570	251,720	234,878	215,723	231,190
EBIT Margin	10.83%	12.33%	13.38%	13.41%	12.53%	11.56%
Effective Tax Rate	24.38%	25.22%	24.26%	32.22%	69.89%	65.26%
Advertising Expenses	-	2,734	18,870	49,898	3,467	7,517

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