Financial Highlights

Financial Highlights

Total Assets

Total Liabilities

Total Equity

Gross Profit

STATEMENTS OF FINANCIAL POSITION

Assets

2017

PT Verena Multi Finance Tbk*

2017

PT IBJ VERENA FINANCE*

2018

PT Verena Multi Finance Tbk*

2018

PT IBJ VERENA FINANCE*

2019

(as reclassified)

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2020

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2021

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

Total Assets 1.750 966 1.565 1.356 2.653 2.680 2.323
Total Liabilities 1.286 746 1.294 1.130 1.984 2.048 1.698
Total Equity 464 220 271 227 669 632 625

STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Revenues

2017

PT Verena Multi Finance Tbk*

2017

PT IBJ VERENA FINANCE*

2018

PT Verena Multi Finance Tbk*

2018

PT IBJ VERENA FINANCE*

2019 

(as reclassified)

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2020

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2021

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

Consumer Financing 227 - 177 - 156 156 189
Finance Leases 21 61 8 63 99 101 65
Total Revenues 328 64 227 68 333 310 303
Operating Expenses

2017

PT Verena Multi Finance Tbk*

2017

PT IBJ VERENA FINANCE*

2018

PT Verena Multi Finance Tbk*

2018

PT IBJ VERENA FINANCE*

2019

(as reclassified)

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2020

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2021

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

Profit (loss) before income tax 10 16 -193 11 4 -2 8
Net (loss) profit for the year 8 8 -193 11 2 3 -8
Other Comprehensive Income -2 -0.02 - 0.15 -2 - 1
Total Comprehensive (loss) Income for the year 6 9 -193 7 0 3 -7
Income (loss) per share (in full Rupiah) 4 - -78 - 0 1 -1
Financial Ratios

2017

PT Verena Multi Finance Tbk*

2017

PT IBJ VERENA FINANCE*

2018

PT Verena Multi Finance Tbk*

2018

PT IBJ VERENA FINANCE*

2019

(as reclassified)

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2020

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

2021

PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk)

Net Profit (loss) to average asset ratio 0.43% 0.78% -12.33% 0.85% 0.08% 0.11% -0.33%
Net Profit (loss) to average Equity Ratio 2.01% 3.44% -71.22% 5.06% 0.38% 0.46% -1.24
Profit (loss) on Revenue Ratio 2.30% 11.91% -85.02% 16.79% 0.53% 0.97% -2.56
Current Ratio 141.82% 266.50% 125.36% 260.46% 177.55% 162.89% 142.83%
Total liability to Equity 2.77 x 3.38 x 4.77 4.98 x 2.97 x 3.24 x 2.72 x
Total liability to Total Asset 0.73 x 0.77 x 0.83 x 0.83 x 0.75 x 0.76x 0.73x
Account Receivable to Equity Ratio 2.86 x 4.19 x 4.76 x 5.52 x 3.53x 3.66x 3.25x
Gearing Ratio 2.92 x 3.36 x 5.54 x 4.83 x 2.82 x 3.11 x 2.60 x

* Based on Notarial Resolution Deed of Extraordinary Shareholders Meeting (EGMS) of the Company No. 23 dated 17 July 2019 of Fathiah Helmi, S.H., and Notarial Circular Resolution Deed of Shareholders of IBJV No. 24 on the same date and from the same Notary and registered in the Legal Entity Administration System of the Ministry of Law and Human Rights of the Republic of Indonesia No. AHU-AH.01.10-0008953 dated 23 July 2019, PT Mizuho Leasing Indonesia Tbk (f.k.a PT Verena Multi Finance Tbk) merged with an associated entity, namely PT IBJ Verena Finance and Mizuho Leasing Indonesia Tbk became the surviving entity.