Axiata Group Berhad through Indocell Holding Sdn Bhd shares of PT XL Axiata Tbk with offering price between IDR3,000-IDR3,300
XL in the first two months this year paid US$89 million debt or about IDR845.5 billion including the loan to JP Morgan worth US$30 million and US$59 million bond issuance in 2003.
XL due date debt this year stands at IDR3 trillion. Meanwhile, up to end of 2009 the company recorded the total loan of DIR18.56 trillion consisting of the current liability of IDR6 trillion and non current liability of IDR12.56 trillion.
The figure dropped from 2008 of IDR24.07 trillion consisting of the current liabilities of IDR5.67 trillion and non current liabilities of IDR18.40 trillion.
One of the funding resource of the debt payment is the refinancing facility from PT Bank Negara Indonesia Tbk (BNI), which had committed to disburse IDR1.6 trillion loans.
In 2010, XL allotted US$400-450 million capital expenditure covering the payment of of 2009 capital expenditure maturing this year. All capital expenditures will be financed by internal cash.
The third largest cellular operator in Indonesia closed 2009 by tapping IDR1.7 trillion net profit or swelling from IDR15.10 billion net loss in 2008.
Despite the jumping profit, XL cash and equal to cash was cut by 37.08 percent from IDR1.17 trillion in 2008 into IDR747.96 billion last year due to the debt payament.
The figure dropped from 2008 of IDR24.07 trillion consisting of the current liabilities of IDR5.67 trillion and non current liabilities of IDR18.40 trillion.
One of the funding resource of the debt payment is the refinancing facility from PT Bank Negara Indonesia Tbk (BNI), which had committed to disburse IDR1.6 trillion loans.
In 2010, XL allotted US$400-450 million capital expenditure covering the payment of of 2009 capital expenditure maturing this year. All capital expenditures will be financed by internal cash.
The third largest cellular operator in Indonesia closed 2009 by tapping IDR1.7 trillion net profit or swelling from IDR15.10 billion net loss in 2008.
Despite the jumping profit, XL cash and equal to cash was cut by 37.08 percent from IDR1.17 trillion in 2008 into IDR747.96 billion last year due to the debt payament.
No comments:
Post a Comment