FINANCIAL REVIEW
Non-container goods traffic in MMBTU units was below the RKAP target, with an achievement of 51.86%. This was due to PT Perusahaan Gas Negara Tbk’s gas unloading activities not yet being realized at PT Terminal Teluk Lamong, and a change in the pattern of cooperation between PT Indonesia Power and PT Pelabuhan Energi Logistik that caused minimum throughput at the Benoa Branch.
Animal traffic reached 85.48%, below the RKAP target. This was due to:
- A decline in Belawan and Panjang branches due to the lack of public interest in imported beef as well as an appeal to maximize sales of local cattle meaning the cage capacity was full and resulted in a decrease in cattle imports; and
- There was a decline in animal imports from Australia at the Tanjung Priok PTP Terminal.
Passenger traffic in 2021 reached 75.96%, below the RKAP target. This was due to:
- The unrealized cruise ship activities at several branches, including Tanjung Balai Karimun, Tanjung Pinang and Tanjung Balai Asahan, due to the low number of overseas passengers as the countries of origin were still imposing restrictions;
- Domestic passengers also experienced a special decline during Lebaran homecoming and Christmas holidays at Makassar, Sorong, Ambon, Balikpapan, Ternate, Parepare, Nunukan and Tolitoli branches due to the Government’s restrictions; and
- There was a decrease in passenger traffic at Tanjung Priok Branch.
COMPARISON OF FINANCIAL TARGETS AND REALIZATION → BUDGET AND REPORTING
The comparison of the 2021 consolidated statement of financial position targets and realization is as follows.
