Financial and Market Opportunity Overview
Capital Expenditure
For the years ended December 31, 2019, 2020 and 2021, the majority of Moratelindo's capital
expenditure was for network expansion
Capital Expenditure
(IDR bn)
1,864.3
2019
Others, 13.1%
1,614.3
Others, 2.5%
Telecommunication Facilities, 29.3%
1,014.6
Telecommunication Facilities, 49.8%
Others, 3.1%
Telecommunication Facilities, 28.0%
Construction in Progress, 57.6%
■Construction in Progress
2020
Construction in Progress, 47.6%
■Telecommunication Facilities
Others
2021
Construction in Progress, 68.9%
Budgeted capex for 2022 and 2023 is approx. Rp 5 trn, where approx. 25%, 46% and 29% will be used for the
expansion of our backbone, access and FTTH networks respectively(1)
Source: Company information, annual reports
Notes: Others comprise of land, buildings, office furniture and fixtures, vehicles
(1)
We expect to fund our capex through a combination of internal and external sources, including through equity issuances or debt raising, which may or may not materialize and which is subject to market conditions. The Company has
obtained approval from its shareholders, among other things, to the increase in the Company's authorized capital from the original amount of Rp 2,112,120,439,015 to Rp 3,266,830,889,100.
oratelindo
broadband company
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