FINANCIAL REVIEW

LOAN FROM NON-BANK FINANCIAL INSTITUTION

Loan from non-bank financial institutions in 2021 reached Rp1.43 trillion, an increase of 42.22% or Rp423.34 billion compared to Rp1.00 trillion in 2020. The increase was mainly due to the increase in loans to third parties and related parties of Rp279.45 billion and Rp143.89 billion, respectively.

DEFERRED TAX LIABILITIES

Deferred tax liabilities in 2021 reached Rp105.07 billion, a decrease of 10.79% or Rp12.70 billion compared to Rp117.77 billion in 2020. The decrease was mainly due to a decrease in deferred tax liabilities from subsidiaries.