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Below are the financial statements of Sinar Mas Multiartha, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Sinar Mas Multiartha, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of IDR | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Cash and cash in banks - net | 8,828a | 9,533.71a |
| Short-term investments | — | — |
| Related parties | 5,181.32a | 24,097.45a |
| Third parties | 65,653.25a | 38,997.56a |
| Allowance for impairment losses | -175.56a | -175.45a |
| Total - net | 70,659.01a | 62,919.56a |
| Securities purchased under agreements to resell | 192.22a | 0a |
| Multipurpose financing receivables | — | — |
| Related parties | 0.62a | 0.76a |
| Third parties | 2,285.99a | 2,184.86a |
| Unearned income | -694.38a | -674.21a |
| Allowance for impairment losses | -54.88a | -75.38a |
| Total - net | 1,537.36a | 1,436.03a |
| Finance lease receivables | — | — |
| Related parties | 33.41a | 64.76a |
| Third parties | 136.94a | 145.92a |
| Guaranteed residual value | 66.09a | 65.97a |
| Unearned lease income | -26.32a | -21.36a |
| Security deposits | -66.09a | -65.97a |
| Allowance for impairment losses | -18.52a | -14.03a |
| Total - net | 125.52a | 175.3a |
| Working capital financing with factoring scheme receivables | — | — |
| Related parties | 18.95a | 14.55a |
| Third parties | 1,635.23a | 2,669.24a |
| Allowance for impairment losses | -179.64a | -170.27a |
| Total - net | 1,474.55a | 2,513.52a |
| Premiums and reinsurance receivables | — | — |
| Related parties | 0.97a | 7.18a |
| Third parties | 2,194.72a | 1,867.19a |
| Allowance for impairment losses | -8.66a | -13.32a |
| Total - net | 2,187.03a | 1,861.05a |
| Loans | — | — |
| Related parties | 104.2a | 96.1a |
| Third parties | 14,069.45a | 16,680.62a |
| Total | 14,173.65a | 16,776.72a |
| Allowance for impairment losses | -1,554.96a | -1,690.43a |
| Total - net | 12,618.69a | 15,086.29a |
| Liabilities | — | — |
| Deposits and deposits from other banks | — | — |
| Related parties | 8,422.49a | 7,542.62a |
| Third parties | 35,508.18a | 33,407.58a |
| Total | 43,930.67a | 40,950.21a |
| Securities sold under agreements to repurchase | — | — |
| Third parties | 879.46a | 1,051.72a |
| Insurance payable | — | — |
| Related parties | 433.89a | 18.47a |
| Third parties | 1,001.73a | 1,350.26a |
| Total | 1,435.62a | 1,368.73a |
| Guarantee contract liabilities and premiums received in advance | 2,925.73a | 3,889.57a |
| Liability for future policy benefits | 697.5a | 367.5a |
| Segregated funds contract liabilities - unit link | 20,733.02a | 20,767.19a |
| Insurance contract liability | 343.78a | 480.69a |
| Unearned premiums and estimated claims liability | 7,190.46a | 6,915.36a |
| Acceptance payables | 38.16a | 79.88a |
| Securities transaction payables | 89.69a | 86.34a |
| Taxes payable | 203.23a | 120.32a |
| Accrued expenses | 307.26a | 332.18a |
| Securities issued | 9,436.29a | 8,390.3a |
| Loans received | 1,257.35a | 2,086.39a |
| Deferred tax liabilities | 8.23a | 4.77a |
| Long-term employee benefits liability | 164.85a | 148.68a |
| Reserve for profit sharing distribution to participants | 25.3a | 21.61a |
| Other liabilities | — | — |
| Related parties | 1.5a | 746.05a |
| Third parties | 2,318.24a | 1,329.99a |
| Total | 2,319.74a | 2,076.04a |
| Total liabilities | 91,986.33a | 89,137.46a |
| Equity | — | — |
| Equity attributable to owners of the parent company | — | — |
| Capital stock | 1,334.89a | 1,334.89a |
| Additional paid-in capital - net | 1,647.52a | 1,647.52a |
| Other equity component | 213.54a | 369.39a |
| Retained earnings | — | — |
| Appropriated | 791.61a | 791.61a |
| Unappropriated | 18,995.85a | 18,136.27a |
| Total | 22,983.41a | 22,279.67a |
| Non-controlling interests | 2,222.39a | 2,548.87a |
| Total equity | 25,205.79a | 24,828.55a |
| Total liabilities and equity | 117,192.12a | 113,966.01a |
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