Investor Presentaiton
Excise Revenue Resiliently Grew
Driven by Revenue from Tobacco Products and Alcoholic Drinks as the Effect of Payment
Policy and Relaxation of People's Activity
TOBACCO EXCISE REALIZATION
2021 ■2022 Growth yoy
24.73
Trillion Rupiah
JAN-MAR
YOY
98.66%
17.04
2019
20.31
191.91%
-37.71%
32.85%
12.95
2020
27.73
36.56%
•
18.61
20.78
2021
48.22
73.92%
8.83
•
2022
55.65
15.39%1
•
lan
Feb
Mar
ALCOHOLIC DRINKS (MMEA) REALIZATION
Trillion Rupiah
2021 2022 Growth yoy
10.68%
JAN-FEB
YOY
75.52%
-2.44%
599.40
2019
1.18
13.90%
480.94
432.86
2020
1.30
10.20%
541.57
246.61
492.95
2021
1.28
-1.61%
2022
1.60
25.15%
Jan
Feb
Mar
Source: Ministry of Finance
TOBACCO EXCISE
a. The realization of Tobacco Excise Jan - Mar 2022
stood at IDR 55.65 Trillion or grew by 15.39%
(yoy);
b. The performance was affected by:
The increase of weighted tariff by 14.7%, from
the average tariff in 2022 (12.5%)
Production increase of tobacco products by
9.9%;
Carry over revenue from 2021 due to tariff
adjustment for 2022..
ALCOHOLIC DRINKS
(MMEA)
a. The realization as of Mar 2022 reached IDR1.6 Trillion
or grew by 25.15%;
b. The positive performance is the result of production
increase, especially domestically as the national
economy improved c.q. hotels and tourism;
c. MMEA production/companies are predominantly
domestic (99.2%).
d. March revenue slightly slowed due to declining
production of Type A in February.
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