ANNUAL REPoRt 2019 3 imPROvEd mOmENTUm Telkomsel has successfully delivered growth and revenue from data supported by solid digital products and services offerings, as shown by improved momentum in 2019. 12.2% 53.6% 54.7% 161,938 16.7% 212,235 6,715,227 totAL BtS CoNSUMPtioN/ DAtA USER PAYLoAD 3G/4G BTS (in gigabyte) (in terabyte) 2019 5.2 2018 3.4. Annual Report: 2016: PT TELKOM INDONESIA (PERSERO), TBK Laporan Tahunan 2016. Korporasiana adalah tentang sekilas data perusahaan-perusahaan di Indonesia. Informasi, permintaan pemuatan maupun perubahan, hubungi: info@annualreport.id. Saldo, 30 September 2017 5.040 4.931 (2.541) 375 15.337 67.572 90.714 19.857 110.571 PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk DAN ENTITAS ANAKNYA. PT Telekomunikasi Selular 2014 Annual Report 9 PERFORMANCE HIGHLIGHTS telkomsel integrated digital school Program Wins the 6th annual global Csr summit and awards 2014 Telkomsel won Merit Certificate in the category of Best Community Programme presented to Telkomsel Integrated Digital School (IDS) at The 6th Annual Global CSR Summit and Awards.
Group
| Financial Year ended 31 March | |||||||||
| 2017 (S$ million) | 2016 (S$ million) | Change (%) | Change in constant currency (1) (%) | ||||||
| Operating revenue | 16,711 | 16,961 | -1.5 | -2.6 | |||||
| EBITDA | 4,998 | 5,013 | -0.3 | -1.5 | |||||
| EBITDA margin | 29.9% | 29.6% | |||||||
| Share of associates' pre-tax profits | 2,942 | 2,791 | 5.4 | 5.6 | |||||
| EBIT | 5,701 | 5,655 | 0.8 | 0.3 | |||||
| (exclude share of associates' pre-tax profits) | 2,759 | 2,864 | -3.7 | -4.8 | |||||
| Net finance expense | (260) | (265) | -2.0 | -3.4 | |||||
| Taxation | (1,548) | (1,597) | -3.1 | -3.2 | |||||
| Underlying net profit (2) | 3,915 | 3,805 | 2.9 | 2.3 | |||||
| Underlying earnings per share (S cents) | 24.4 | 23.9 | 2.0 | 1.4 | |||||
| Exceptional items (post-tax) | (63) | 66 | nm | nm | |||||
| Net profit | 3,853 | 3,871 | -0.5 | -1.0 | |||||
| Basic earnings per share (S cents) | 24.0 | 24.3 | -1.4 | -1.9 | |||||
| Share of associates' post-tax profits | 2,093 | 1,930 | 8.4 | 8.3 | |||||
'Associate' refers to either an associate or a joint venture as defined under Singapore Financial Reporting Standards.
'nm' denotes not meaningful.
Notes:
(1) Assuming constant exchange rates for the Australian Dollar, United States Dollar and/or regional currencies (Indian Rupee, Indonesian Rupiah, Philippine Peso and Thai Baht) from the previous year ended 31 March 2016 (FY 2016).
(2) Underlying net profit refers to net profit before exceptional items.
The Group performed in line with its guidance for the financial year ended 31 March 2017.
Underlying net profit grew 2.9% on higher associates’ earnings and lower tax expenses. With an exceptional loss compared to an exceptional gain in FY 2016, net profit was stable at S$3.85 billion. Excluding Airtel which faced disruptive price competition in India, net profit would have grown 2.3%.
Telkomsel Annual Report 2019
The Group’s operating revenue declined by 1.5% due mainly to continued declines in voice (local, IDD, roaming) partially offset by strong growth in data, ICT and digital revenues. Excluding the impact of regulatory mobile termination rates (1) change in Australia from 1 January 2016 ('rates change'), operating revenue would have been up 2.0%.
EBITDA remained stable with investments in content and network expansion, reflecting resilience in the core businesses with strong cost management.
Depreciation and amortisation charges rose on increased network and spectrum investments, and higher amortisation charges on the acquired intangibles of Trustwave, Inc. ('Trustwave').
Consequently, the Group’s EBIT (before the associates’ contributions) declined 3.7%.
In the emerging markets, the regional associates continued to record strong growth in customer base and data usage with strategic investments in networks and spectrum. The customer base of the Group and its associates reached 638 million in 22 countries as at 31 March 2017, up 5.4% or 33 million from a year ago.
Despite weakness in Airtel India, the associates’ post-tax underlying profit contributions rose 8.4%. The increase was led by strong growth at Telkomsel and NetLink Trust, and first time contribution from Intouch Holdings Public Company Limited ('Intouch') acquired in November 2016, offsetting lower profits at Airtel, AIS and Globe.
Telkomsel continued to deliver robust growth across voice, data and digital services. On a consolidated basis, Airtel’s earnings fell, even as operating performance in Africa has improved. In India, Airtel’s results were adversely affected by the new operator which offered free voice and data, as well as higher network depreciation, spectrum amortisation and related financing costs. Both AIS and Globe recorded higher revenues but earnings were impacted by increased depreciation, spectrum amortisation charges and financing costs. NetLink Trust’s revenue and earnings grew at double-digit on the back of increased fibre penetration in Singapore.
Including the associates’ contributions, the Group’s EBIT was stable at S$5.70 billion.
Net finance expense declined 2.0% on higher dividend income from the Southern Cross consortium partly offset by higher interest expense on increased borrowings and lower net interest income from NetLink Trust as a result of partial repayment of unitholder’s loan by NetLink Trust in March 2016.
Telkomsel Annual Report 2017 Printable
The net exceptional loss mainly comprised share of AIS’ handset subsidy costs, share of Singapore Post’s exceptional loss, and staff restructuring costs partly offset by a gain on dilution of equity interest in Singapore Post.
The Group has successfully diversified its earnings base through its expansion and investments in overseas markets. Hence, the Group is exposed to currency movements. On a proportionate basis if the associates are consolidated line-by-line, operations outside Singapore accounted for three-quarters of both the Group’s proportionate revenue and EBITDA.