05 June 2016
News Updates
Usulan PMN BUMN Naik Jadi Rp 53 T, Paling Besar PLN Rp 23 T
PT Sarana Multi Infrastruktur Indonesia (Persero) or PT SMI has deposited IDR 8.1 trillion to the state as of September 2024, in the form of tax payments of IDR 4.44 trillion and dividends of IDR 3.66 trillion.
"The contribution that we have made to the state in the form of tax revenues and dividends totals IDR 8.1 trillion," said President Director of PT SMI Reynaldi Hermansjah during a hearing (RDP) with Commission XI of the Indonesian House of Representatives, in Jakarta, Tuesday.
Meanwhile, the company's financial performance is recorded as remaining good. The company's total assets as of September 2024 were IDR 115.6 trillion, with financing assets of around IDR 93 trillion. Meanwhile, equity was recorded at IDR 43.5 trillion.
The company's net profit reached IDR 1.8 trillion. The position of the non-performing loan (NPL) ratio is still below 1 percent, precisely 0.43 percent. In terms of efficiency ratio (cost efficiency ratio/CER) 20.84 percent. The loan rate is relatively low at 1.75 percent.
Regarding its role as a catalyst for infrastructure development, total project financing by PT SMI reached IDR1,090 trillion until September 2024.
Total paid-in capital/state capital participation (PMN) IDR30 trillion. The multiplier effect of this capital reached 35.71 times, with the distribution of projects covering Java, Sumatra, Sulawesi, and several other large islands. The projects financed are spread across the road sector (including toll roads), electricity, transportation, drinking water, and telecommunications.
In terms of financing, business entities contributed 56 percent, local governments 26 percent, and sharia financing 10 percent.
The results of this financing include an energy supply of 7.7 GW which supplies 5.9 million households, construction of airports, ports, railways, and train carriages.
In total, PT SMI has supported 111 national strategic projects (PSN) and/or the National Medium-Term Development Plan (RPJMN) with a commitment value of IDR 110.7 trillion from a total project value of IDR 691.8 trillion.
In addition, public financing until September 2024 reached IDR 38.98 trillion, consisting of IDR 35.27 trillion for the PEN Program (COVID-19 crisis 2020-2021) and IDR 3.7 trillion for regular regional financing in the hospital, road, and market sectors.