FINANCIAL REVIEW

DEFERRED TAX ASSETS

Deferred tax assets in 2021 reached Rp587.27 billion, a decrease of 22.07% or Rp166.29 billion compared to Rp753.56 billion in 2020. The decrease was due to a decrease in deferred tax assets in the parent company and subsidiaries, which decreased by Rp84.99 billion and Rp81.30 billion, respectively.

INTANGIBLE ASSETS-NET

Intangible assets-net in 2021 reached Rp38.76 trillion, an increase of 5.61% or Rp2.06 trillion compared to Rp36.70 trillion in 2020. The increase was mainly due to an increase in intangible assets originating from concession rights assets of Rp2.35 trillion.