Property Marketing and Sales Review
Liquidity continues to stabilise from initiatives such as rental
renegotiation that yielded Rp325b of annual savings
COLIPPO
PT LIPPO KARAWACI TOK
Historical Net Debt (1)
Rp bn
20,000
Historical FCCR
2.1
2.0
0.9
17,768
1.9
18,000
16,000
12,803
14,000
11,100
12,000
0.52
10,000
0.46
7,395
8,000
6,000
4,000
2,000
0.8
1.8
0.78
1.7
1.6
0.7
1.6
1.5
0.6
1.5
10,732
1.4
0.5
10.46
1.3
0.43
0.4
1.2
0.3
1.1
0.22
10,235*
1.0
0.2
FY20
0.1
0
Historical Holdco Cash
2017
2018
2019
2020
9M21
3,000
Net debt (ex. LMIRT)
Consolidated net debt
DER (ex. LMIRT)
DER ratio (consol)
2,500
2,082
(Rp bn)
2017
Total Debt
13,638
Cash & Cash Equivalents
2,538
Net Debt
11,100
2018
14,621
1,818
12,803
2019
12,080
4,685
7,395
2020
13,725
2,993
9M21
2,000
22,660
4,892
1,432
1,500
10,732
17,768
1,000
USD m)
Total Debt
1,007
981
869
948
Net Debt
820
859
532
742
1,570
1,231
500
(1) Total debt excludes financial lease
*) Net debt level excluding LMIRT consolidation
1.9
1.9
1Q21
2Q21
3Q21
2,418
2,182
2,096
3Q20
4Q20
1Q21
2Q21
3Q21
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