a total net profit of 141 SOEs in 2012 around Rp134, 568 trillion,

 a total net profit of 141 SOEs in 2012 around Rp134, 568 trillion,


Ministry of SOEs recorded a total net profit of 141 SOEs in 2012 around Rp134, 568 trillion, lower than total income specified in the Corporate Work Plan Budget (RKAP) 2012 amounting to Rp144, 27 trillion.

"Net income for 2012 is lower than the target due to a decrease earnings RKAP on a number of state-owned businesses, especially in the plantation sector, electricity and wholesale trade," said Secretary of the Ministry of SOEs, Rev Hidayat, at the announcement of 141 SOEs performance, 2012, at the office of the minister Jakarta , on Friday.

According to Revelation, during the year 2012 a number of commodities such as coal, palm oil has decreased in the international market.

Coal prices in the previous year to reach about 100 U.S. dollars per ton, now dropped to approximately 60 U.S. dollars per ton. Similarly, the CPO was at around U.S. $ 1,200 per tonne now eroded to around 700 U.S. dollars per ton.

SOE CPO production levels are not declining, but the decline in commodity prices resulted in a number of state-owned Oil revenue decline, as well as income Antam also disrupted.

Additionally expressed Revelation, in fiscal year 2012 earnings decline was also experienced by PT PLN, triggered two things, adjustment problems due to the application of the accounting system and foreign exchange losses.

Of the 13 state-owned sector, during the year 2012 recorded seven sectors that do not reach the target RKAP include wholesale and retail trade sector, which only reached 14 percent, provision of electricity, gas, steam and cold air reaches 53.46 percent, agriculture, forestry and fishery reached only 78.34 percent.

While six SOEs exceed profit targets among others, the provision of accommodation and feeding drinking reached 562.71 percent of the target, the real estate sector of the target 174.25, 143.45 construction of the target.

Added Revelation, of the prognosis total net income in 2012 amounted to Rp134, 57 trillion, amounting to Rp24, 07 trillion of which was donated profits Pertamina, PLN Rp2, 9 trillion, state-owned Bank Open Rp43, 87 trillion, state-owned non-banking Open Rp39, 45 trillion.

Meanwhile, the total income of 141 state-owned enterprises during the year 2012 reached Rp1.555, 29 trillion higher than Rp1.441 RKAP 2012, 04 trillion.

The terms of assets, during the year 2012 the entire state recorded the wealth around Rp3, 522 trillion, higher than the target in 2012 RKAP Rp3, 375 trillion.