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What was PLN's financial burden in the first half of 2017?

28/09/2017 12:13 WIB

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PLN Financial Burden (Semester I 2016 - Semester I 2017)

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What was PLN's financial burden in the first half of 2017?

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PLN Financial Burden (Semester I 2016 - Semester I 2017)

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PT Perusahaan Listrik Negara (Persero)/PLN's financial burden in the first half of 2017 increased by 3.1 percent to Rp 10.2 trillion, compared to the first half of 2016. This amount comprises financial burdens from related parties of Rp 3.77 trillion and unrelated parties of Rp 6.42 trillion.

PLN's cash flow from operating activities during the first six months of this year reached Rp 13.7 trillion. This means that the state-owned electricity provider only had Rp 3.5 trillion (Rp 13.7 trillion minus Rp 10.2 trillion) remaining after covering its financial burden. During the first half of the year, PLN invested Rp 27.9 trillion.

Based on the company's cash flow statement, this State-Owned Enterprise (SOE) obtained loans totaling Rp 54.69 trillion in the first half of 2017, consisting of loans and bonds. Of this amount, Rp 40 trillion was used to repay debt. The remaining Rp 14 trillion was used to cover the investment shortfall.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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What was PLN's financial burden in the first half of 2017?

What was PLN's financial burden in the first half of 2017?

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