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Friday, March 15, 2013
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Dividends From Pertamina are Rp 7.7 Trillion in 2012

9:08 AM
Indobusiness - PT Pertamina (Persero) recorded a profit of Rp 25.89 trillion in 2012, an increase compared to the year 2011 amounted to Rp 20.47 trillion. The Company also deposited into the state dividend for 2012 amounting to Rp 7.7 trillion, up 6.5%.

"There was a sharp increase in profits and the highest in the history of Pertamina," said Pertamina president director Karen Agustiawan a news conference in his office, Jakarta, Wednesday (02/27/2013).

Karen added throughout the year 2012, Pertamina and dividends paid tax amounting to Rp 66.11 trillion, up 5 percent compared to tax payments and dividends last year.

Of that total dividend of Rp 7.7 trillion. This dividend payment is greater than in 2011 which reached Rp 7.2 trillion. This dividend payment has increased 6.5% over the dividend in 2011. "Determination dividend of Rp 7.74 trillion approved a slight increase from 2011," he explained.

Pertamina oil and gas production amounted to 461,640 boepd a slight increase compared with the achievements of 2011 was 457,640 boepd is an important contributor to corporate profits amid a national trend of decline in oil and gas production. The increase in production was also followed by the addition of oil and gas reserves reached 453.37 million barrels of oil equivalent during 2012.

Performance of geothermal steam production for power generation also contributed to the increase in revenue and net profit. In 2012, the realization of geothermal steam production reached 15.69 million tons, up 2.55% compared to 2011. On that occasion, she also revealed the achievements of completing financial reports and perform other state than the first AGM. "We're champions I, completion of the annual report February 15, 2013, the first GMS Enterprises in Indonesia," he said.

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