Cash flow PT Unilever Indonesia Tbk

Equities

UNVR

ID1000095706

Household Products

End-of-day quote INDONESIA S.E. Other stock markets 2024-09-09			5-day change	1st Jan Change
2,190.00 ^IDR	-1.35%		-4.37%	-37.96%

04-24	PT Unilever Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03-28	LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO	RE

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Published financial data: PT UNILEVER INDONESIA TBK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	42,923B	42,972B	39,546B	41,219B	38,611B
Total Revenues	42,923B	42,972B	39,546B	41,219B	38,611B
Cost of Goods Sold, Total	20,894B	20,515B	19,920B	22,154B	19,417B
Gross Profit	22,029B	22,457B	19,626B	19,065B	19,195B
Selling General & Admin Expenses, Total	11,911B	12,986B	11,948B	11,995B	12,915B
Other Operating Expenses	-	12.41B	-3.84B	-10.44B	-723M
Other Operating Expenses, Total	11,911B	12,998B	11,945B	11,985B	12,915B
Operating Income	10,118B	9,459B	7,682B	7,080B	6,280B
Interest Expense, Total	-230B	-249B	-185B	-85.21B	-106B
Interest And Investment Income	11.1B	4.65B	2.02B	10.21B	28.56B
Net Interest Expenses	-219B	-244B	-183B	-75B	-77.41B
Currency Exchange Gains (Loss)	5.56B	-	-	-	-
EBT, Excl. Unusual Items	9,904B	9,215B	7,499B	7,005B	6,203B
Gain (Loss) On Sale Of Assets	-2.48B	-7.71B	-2.31B	-11.42B	-648M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	9,902B	9,207B	7,497B	6,994B	6,202B
Income Tax Expense	2,509B	2,043B	1,738B	1,629B	1,401B
Earnings From Continuing Operations	7,393B	7,164B	5,758B	5,365B	4,801B
Net Income to Company	7,393B	7,164B	5,758B	5,365B	4,801B
Net Income - (IS)	7,393B	7,164B	5,758B	5,365B	4,801B
Net Income to Common Incl Extra Items	7,393B	7,164B	5,758B	5,365B	4,801B
Net Income to Common Excl. Extra Items	7,393B	7,164B	5,758B	5,365B	4,801B
Per Share Items
Net EPS - Basic	193.78	187.77	150.93	140.62	125.84
Basic EPS - Continuing Operations	193.78	187.77	150.93	140.62	125.84
Basic Weighted Average Shares Outstanding	38.15B	38.15B	38.15B	38.15B	38.15B
Net EPS - Diluted	193.78	187.77	150.93	140.62	125.84
Diluted EPS - Continuing Operations	193.78	187.77	150.93	140.62	125.84
Diluted Weighted Average Shares Outstanding	38.15B	38.15B	38.15B	38.15B	38.15B
Normalized Basic EPS	162.26	150.96	122.85	114.76	101.61
Normalized Diluted EPS	162.26	150.96	122.85	114.76	101.61
Dividend Per Share	193	187	150	140	140
Payout Ratio	124.13	102.9	110.15	108.57	106.39
American Depositary Receipts Ratio (ADR)	20	20	20	20	20
Supplemental Items
EBITDA	10,985B	10,300B	8,516B	7,892B	7,015B
EBITA	10,118B	9,459B	7,682B	7,080B	6,280B
EBIT	10,118B	9,459B	7,682B	7,080B	6,280B
EBITDAR	11,003B	10,328B	8,528B	7,929B	7,063B
Effective Tax Rate - (Ratio)	25.34	22.19	23.19	23.29	22.59
Current Domestic Taxes	2,432B	2,087B	1,680B	1,648B	1,385B
Total Current Taxes	2,432B	2,087B	1,680B	1,648B	1,385B
Deferred Domestic Taxes	76.53B	-96.5B	57.97B	-46.83B	-2.01B
Total Deferred Taxes	76.53B	-96.5B	57.97B	-46.83B	-2.01B
Normalized Net Income	6,190B	5,759B	4,687B	4,378B	3,877B
Interest on Long-Term Debt	78.06B	75.64B	69.02B	52.81B	48.03B
Non-Cash Pension Expense	26.25B	-15.94B	22.81B	-	22.18B
Supplemental Operating Expense Items
Advertising Expense	1,775B	2,022B	1,737B	1,291B	1,338B
Marketing Expenses	2,476B	2,420B	2,184B	3,043B	3,244B
Selling and Marketing Expenses	8,033B	8,601B	7,853B	8,418B	8,954B
General and Administrative Expenses	3,860B	4,357B	4,084B	3,540B	3,914B
Research And Development Expense From Footnotes	-	745B	647B	691B	616B
Net Rental Expense, Total	17.65B	27.4B	11.45B	37.78B	47.35B
Imputed Operating Lease Interest Expense	11.9B	13.74B	5.04B	12.81B	39.45B
Imputed Operating Lease Depreciation	5.74B	13.66B	6.4B	24.97B	7.9B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	629B	844B	325B	503B	1,021B
Total Cash And Short Term Investments	629B	844B	325B	503B	1,021B
Accounts Receivable, Total	5,335B	5,295B	4,517B	3,924B	2,343B
Other Receivables	33.88B	47.96B	113B	74.25B	23.07B
Total Receivables	5,369B	5,343B	4,629B	3,999B	2,366B
Inventory	2,429B	2,463B	2,454B	2,625B	2,422B
Prepaid Expenses	24.7B	17.83B	21.69B	23.75B	29.88B
Other Current Assets, Total	78.38B	160B	212B	417B	353B
Total Current Assets	8,530B	8,828B	7,642B	7,568B	6,192B
Gross Property Plant And Equipment	16,181B	16,442B	16,834B	16,528B	16,695B
Accumulated Depreciation	-4,571B	-5,255B	-6,013B	-6,365B	-6,768B
Net Property Plant And Equipment	11,610B	11,187B	10,821B	10,163B	9,927B
Goodwill	61.92B	61.92B	61.92B	61.92B	61.92B
Other Intangibles, Total	403B	408B	475B	447B	399B
Other Long-Term Assets, Total	44.22B	49.07B	68.29B	78.29B	84.06B
Total Assets	20,649B	20,535B	19,069B	18,318B	16,664B
Liabilities
Accounts Payable, Total	4,517B	4,278B	4,571B	4,700B	4,064B
Accrued Expenses, Total	4,624B	4,520B	4,512B	5,629B	5,367B
Short-term Borrowings	2,920B	3,015B	1,850B	600B	-
Current Portion of Leases	126B	113B	83.25B	35.62B	210B
Current Income Taxes Payable	257B	703B	535B	440B	332B
Other Current Liabilities	622B	729B	893B	1,038B	1,252B
Total Current Liabilities	13,065B	13,358B	12,445B	12,442B	11,224B
Long-Term Leases	919B	847B	804B	648B	541B
Pension & Other Post Retirement Benefits	1,048B	1,181B	1,240B	977B	1,352B
Deferred Tax Liability Non Current	336B	212B	259B	254B	166B
Total Liabilities	15,368B	15,597B	14,747B	14,321B	13,283B
Common Stock, Total	76.3B	76.3B	76.3B	76.3B	76.3B
Additional Paid In Capital	96B	96B	96B	96B	96B
Retained Earnings	5,110B	4,765B	4,149B	3,825B	3,209B
Total Common Equity	5,282B	4,937B	4,321B	3,997B	3,381B
Total Equity	5,282B	4,937B	4,321B	3,997B	3,381B
Total Liabilities And Equity	20,649B	20,535B	19,069B	18,318B	16,664B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	38.15B	38.15B	38.15B	38.15B	38.15B
ECS Total Common Shares Outstanding	38.15B	38.15B	38.15B	38.15B	38.15B
Book Value / Share	138.45	129.42	113.27	104.78	88.63
Tangible Book Value	4,817B	4,467B	3,785B	3,488B	2,920B
Tangible Book Value Per Share	126.27	117.1	99.2	91.44	76.54
Total Debt	3,965B	3,975B	2,737B	1,284B	751B
Net Debt	3,336B	3,131B	2,412B	781B	-270B
Debt Equivalent of Unfunded Proj. Benefit Obligation	657B	767B	849B	-	564B
Debt Equivalent Oper. Leases	141B	219B	91.57B	302B	379B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	695B	853B	811B	941B	752B
Inventories - Work In Process, Total	70.49B	95.79B	64.08B	61.55B	82.37B
Inventories - Finished Goods, Total	1,700B	1,479B	1,536B	1,690B	1,575B
Inventories - Others	108B	119B	118B	109B	116B
Land - (BS)	277B	277B	277B	277B	277B
Buildings, Total	2,877B	2,978B	3,073B	3,147B	3,252B
Machinery, Total	10,886B	11,529B	12,015B	11,764B	11,809B
Full Time Employees	5.43K	5.22K	4.95K	4.85K	4.59K
Accumulated Allowance for Doubtful Accounts (Supple)	147B	154B	192B	211B	225B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	7,393B	7,164B	5,758B	5,365B	4,801B
Depreciation & Amortization - CF	1,098B	1,067B	1,042B	1,007B	906B
Depreciation & Amortization, Total	1,098B	1,067B	1,042B	1,007B	906B
Amortization of Deferred Charges, Total - (CF)	31.49B	36.68B	34.98B	47.38B	47.59B
Other Operating Activities, Total	147B	97.02B	1,067B	1,643B	1,364B
Cash from Operations	8,669B	8,364B	7,902B	8,061B	7,118B
Capital Expenditure	-1,449B	-650B	-585B	-638B	-835B
Sale of Property, Plant, and Equipment	2.48B	1.73B	5.47B	112B	5.7B
Sale (Purchase) of Intangible assets	-	-42.21B	-102B	-	-
Cash from Investing	-1,446B	-690B	-681B	-526B	-829B
Short Term Debt Issued, Total	2,460B	95B	-	-	-
Total Debt Issued	2,460B	95B	-	-	-
Short Term Debt Repaid, Total	-	-	-1,165B	-1,250B	-600B
Long-Term Debt Repaid, Total	-221B	-182B	-232B	-283B	-63.53B
Total Debt Repaid	-221B	-182B	-1,397B	-1,533B	-664B
Common Dividends Paid	-9,176B	-7,371B	-6,342B	-5,824B	-5,108B
Common & Preferred Stock Dividends Paid	-9,176B	-7,371B	-6,342B	-5,824B	-5,108B
Cash from Financing	-6,937B	-7,459B	-7,740B	-7,358B	-5,771B
Foreign Exchange Rate Adjustments	-8.53B	159M	39M	222M	227M
Net Change in Cash	277B	215B	-519B	178B	518B
Supplemental Items
Cash Interest Paid	230B	249B	185B	32.4B	57.94B
Cash Income Tax Paid (Refund)	3,120B	1,693B	1,848B	1,759B	1,509B
Levered Free Cash Flow	5,209B	6,295B	6,026B	6,334B	5,079B
Unlevered Free Cash Flow	5,353B	6,451B	6,141B	6,388B	5,145B
Change In Net Working Capital	651B	-128B	-950B	-1,547B	-1,101B
Net Debt Issued / Repaid	2,239B	-87.44B	-1,397B	-1,533B	-664B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	30.86	28.71	24.25	23.67	22.44
Return on Total Capital	69.77	65.11	60.12	71.72	83.39
Return On Equity %	116.74	140.2	124.38	128.98	130.13
Return on Common Equity	116.74	140.2	124.38	128.98	130.13
Margin Analysis
Gross Profit Margin %	51.32	52.26	49.63	46.25	49.71
SG&A Margin	27.75	30.22	30.21	29.1	33.45
EBITDA Margin %	25.59	23.97	21.54	19.15	18.17
EBITA Margin %	23.57	22.01	19.42	17.18	16.26
EBIT Margin %	23.57	22.01	19.42	17.18	16.26
Income From Continuing Operations Margin %	17.22	16.67	14.56	13.02	12.43
Net Income Margin %	17.22	16.67	14.56	13.02	12.43
Net Avail. For Common Margin %	17.22	16.67	14.56	13.02	12.43
Normalized Net Income Margin	14.42	13.4	11.85	10.62	10.04
Levered Free Cash Flow Margin	12.14	14.65	15.24	15.37	13.15
Unlevered Free Cash Flow Margin	12.47	15.01	15.53	15.5	13.32
Asset Turnover
Asset Turnover	2.09	2.09	2	2.21	2.21
Fixed Assets Turnover	3.71	3.77	3.59	3.93	3.84
Receivables Turnover (Average Receivables)	8.32	8.08	8.06	9.77	12.32
Inventory Turnover (Average Inventory)	8.21	8.39	8.1	8.72	7.69
Short Term Liquidity
Current Ratio	0.65	0.66	0.61	0.61	0.55
Quick Ratio	0.46	0.46	0.4	0.36	0.3
Operating Cash Flow to Current Liabilities	0.66	0.63	0.63	0.65	0.63
Days Sales Outstanding (Average Receivables)	43.87	45.27	45.28	37.37	29.62
Days Outstanding Inventory (Average Inventory)	44.44	43.64	45.05	41.84	47.44
Average Days Payable Outstanding	80.27	78.32	81.11	75.79	83.24
Cash Conversion Cycle (Average Days)	8.04	10.59	9.22	3.42	-6.18
Long Term Solvency
Total Debt/Equity	75.07	80.51	63.33	32.12	22.2
Total Debt / Total Capital	42.88	44.6	38.78	24.31	18.17
LT Debt/Equity	17.4	17.15	18.6	16.22	16.01
Long-Term Debt / Total Capital	9.94	9.5	11.39	12.28	13.1
Total Liabilities / Total Assets	74.42	75.96	77.34	78.18	79.71
EBIT / Interest Expense	43.95	38.02	41.55	83.09	59.26
EBITDA / Interest Expense	48.72	42.31	47.19	94.9	67.81
(EBITDA - Capex) / Interest Expense	42.42	39.7	44.02	87.41	59.93
Total Debt / EBITDA	0.35	0.38	0.31	0.16	0.1
Net Debt / EBITDA	0.3	0.3	0.28	0.1	-0.04
Total Debt / (EBITDA - Capex)	0.41	0.4	0.34	0.17	0.12
Net Debt / (EBITDA - Capex)	0.34	0.32	0.3	0.1	-0.04
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.68	0.12	-7.97	4.23	-6.33
Gross Profit, 1 Yr. Growth %	4.38	1.94	-12.6	-2.86	0.68
EBITDA, 1 Yr. Growth %	7.11	-6.28	-17.32	-7.34	-11.1
EBITA, 1 Yr. Growth %	6.49	-6.57	-18.79	-7.83	-11.3
EBIT, 1 Yr. Growth %	6.49	-6.57	-18.79	-7.83	-11.3
Earnings From Cont. Operations, 1 Yr. Growth %	-18.59	-3.1	-19.62	-6.83	-10.51
Net Income, 1 Yr. Growth %	-18.59	-3.1	-19.62	-6.83	-10.51
Normalized Net Income, 1 Yr. Growth %	6.18	-6.96	-18.62	-6.58	-11.46