PT Kalbe Farma Tbk

Cash Flow
2018-2020

2020 2019 2018

Earnings Quality Score 84  % 54  % 72 
Period End Date 31-Dec-2020  31-Dec-2019  31-Dec-2018 
Cash Flow-Operating Activities (IDR Millions)
Cash Receipts 25,453,548 4% 24,423,134 8% 22,705,217
Cash Payments (12,407,551) 1% (12,316,356) 14% (10,798,828)
Cash Taxes Paid (592,189) -28% (818,595) -2% (835,148)
Cash Interest Paid -- -- --
Changes in Working Capital (8,239,064) -6% (8,785,214) 6% (8,300,465)
Other Operating Cash Flow (8,239,064) -6% (8,785,214) 6% (8,300,465)
Cash from Operating Activities 4,214,745 68% 2,502,969 -10% 2,770,776

Cash Flow-Investing Activities (IDR Millions)

Capital Expenditures (1,118,204) -44% (1,982,927) 44% (1,373,031)
Purchase of Fixed Assets (969,599) -44% (1,733,323) 33% (1,307,327)
Purchase/Acquisition of Intangibles (148,605) -40% (249,604) 280% (65,704)
Other Investing Cash Flow Items, Total 166,989 103% 82,385 -1% 83,203
Acquisition of Business -- -- --
Sale of Fixed Assets 22,468 71% 13,144 -20% 16,351
Sale/Maturity of Investment - -- --
Investment, Net 134,400 - -100% 14,423
Purchase of Investments (114,000) 208% (36,980) 285% (9,604)
Sale of Intangible Assets 2 -100% 1,997 --
Other Investing Cash Flow 124,119 19% 104,224 68% 62,033
Cash from Investing Activities (951,215) -50% (1,900,541) 47% (1,289,829)

Cash Flow-Financing Activities (IDR Millions)

Financing Cash Flow Items (80,466) -184% 95,863 -1097% (9,616)
Other Financing Cash Flow (80,466) -184% 95,863 -1097% (9,616)
Total Cash Dividends Paid (1,252,235) 3% (1,218,753) 4% (1,171,878)
Cash Dividends Paid - Common (1,252,235) 3% (1,218,753) 4% (1,171,878)
Issuance (Retirement) of Stock, Net (2,063) -- --
Repurchase/Retirement of Common (2,063) -- --
Common Stock, Net (2,063) -- --
Issuance (Retirement) of Debt, Net 235,052 -43% 415,975 894% 41,836
Short Term Debt Issued 689,535 622% 95,526 -77% 414,896
Short Term Debt Reduction (618,673) 957% (58,526) -89% (510,976)
Short Term Debt, Net 70,862 92% 37,000 -139% (96,080)
Long Term Debt Issued 431,000 -15% 507,000 255% 143,000
 Long Term Debt Reduction (266,810) 108% (128,025) 2418% (5,084)
Long Term Debt, Net 164,190 -57% 378,975 175% 137,916
Total Debt Issued -- -- --
Total Debt Reduction -- -- --
Cash from Financing Activities (1,099,712) 56% (706,915) -38% (1,139,658)

Foreign Exchange Effects 51,264 -199% (51,836) -292% 26,952

Net Change in Cash 2,215,081 -1517% (156,324) -142% 368,242

Net Cash - Beginning Balance 2,992,849 -5% 3,149,173 13% 2,780,931

Net Cash - Ending Balance 5,207,929 74% 2,992,849 -5% 3,149,173
Net Changes in Working Capital -- -- --
Reported Cash from Operating Activities -- -- --
Reported Cash from Investing Activities -- -- --
Reported Cash from Financing Activities -- -- --

Free Cash Flow 3,096,541 495% 520,042 -63% 1,397,745

 PT Kalbe Farma Tbk
Cashflows
2018-2020

2020 Perubahan (%)

Cash Flows from Used in Operating Activities Direct

Classes of Cash Receipts from Operating Activities
Receipts from Customers 25,453,548,263 4%
Classes of Cash Payments
Payments to Suppliers for Goods & Services (12,407,550,994) 1%
Payments on Behalf of Employees (2,888,143,271) 6%
Other Cash Payments from Operating Activities (5,344,115,636) -12%
Taxes Refund Paid Direct (592,188,547) -28%
Cash Flows from Used in Operating Activities Direct 4,221,549,815 69%

Investing Cash Flow (951,215,261) -50%

Financing Cash Flow (1,099,712,434) 56%

End Cash Posititon

Changes in Cash 2,170,622,120 -2177%
Effect of Exchange Rate Changes 51,263,631 -199%
Beginning Cash Position 2,992,848,856 -5%
Other Cash Adjustment Outside Change in Cash (6,805,187)
End Cash Posititon 5,207,929,420 74%

Capital Expenditure (1,118,203,919) -44%

Issuance of Debt 1,120,534,527 86%

Repayment of Debt (856,082,244) 362%

Repurchase of Capital Stock (2,063,200) #DIV/0!

Free Cash Flow 3,103,345,896 497%

PT Kalbe Farma Tbk
Cashflows
2018-2020

Trend Analysis (%)

2019 Perubahan (%) 2018 2017
2018 2019

24,423,134,030 8% 22,705,216,596 21,749,971,834 4% 12%

(12,316,355,977) 14% (10,798,828,010) (10,313,828,849) 5% 19%

(2,730,058,463) 5% (2,606,118,248) (2,445,183,498) 7% 12%
(6,055,155,565) 6% (5,694,346,660) (6,231,232,280) -9% -3%
(818,595,203) -2% (835,147,728) (751,410,672) 11% 9%
2,502,968,822 -10% 2,770,775,950 2,008,316,535 38% 25%

(1,900,541,454) 47% (1,289,828,517) (1,113,563,322) 16% 71%

(706,915,285) -38% (1,139,657,726) (976,386,871) 17% -28%

(104,487,917) -131% 341,289,707 (81,633,657) -518% 28%

(51,836,131) -292% 26,951,993 8,659,719 211% -699%
3,149,172,904 13% 2,780,931,203 2,853,905,140 -3% 10%
- - - 0% 0%
2,992,848,856 -5% 3,149,172,903 2,780,931,202 13% 8%

(1,982,926,532) 44% (1,373,031,410) (1,235,482,727) 11% 60%

602,525,769 9% 554,824,409 591,473,572 -6% 2%

(185,387,829) -64% (510,975,745) (517,631,697) -1% -64%

- 0% - - 0% 0%

520,042,290 -63% 1,397,744,540 772,833,809 81% -33%

nd Analysis (%)
2020

17%

20%
18%
-14%
-21%
110%

-15%

13%

-2759%
492%
5%
0%
87%

-9%

89%

65%

0%

302%