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A Systems View Across Time and Space

Table 1 Financial evaluation of SBI

From: A failure innovation strategy of acquisition during excess capacity: financial approach based on case study at the state-owned cement holding PT Semen Indonesia (Persero) Tbk

 

FY2018

FY2017

Lost

Rp 828 billion (US$59.14 million)

Rp 758 billion (US$54.14 million)

Revenue

Rp 10.377 trillion (US$741.21 million)

Rp 9.38 trillion (US$670 million)

Brand royalty 5%

Rp 518 billion (US$37 million)

Rp 469 billion (US$33.5 million)

Assets

Rp 14.447 trillion (US$1,031.93 million)

 

Book value

Rp 6.135 trillion (US$438.21 million)

 

DER of LafargeHolcim

0.99

 
  1. Source: Author’s taken based on the published annual report