Financial Information

PT SMART Tbk (SMART) shares current financial information to help our investors analyse the company’s financial health and make informed decisions. We announce earnings results every quarter.


  1. Effective since 1 January 2015, the Company has applied PSAK No. 24 (2013 Revision) “Employee Benefits” which
    prevailed restrospectively, therefore the Consolidated Statements of Financial Position as of 31 December 2014
    and 1 January 2014/31 December 2013 and Consolidated Statements of Profit or Loss and Other Comprehensive
    Income for the year ended 31 December 2014 has been restated
  2. Earnings before interests, taxes, depreciation and amortisation as well as gain (loss) on foreign exchange
  3. Net profit (loss) attributable to owners of the Company
  4. Adjusted net debt to equity = (total borrowings – cash and cash equivalents – liquid working capital) / equity
    attributable to owners of the Company
  5. Days payable = (average trade accounts payable + average other payables to third parties) / cost of goods sold *365 days
  6. Days receivable = average trade accounts receivable / net sales *365 days
  7. Inventory turnover = cost of goods sold / average inventories