Save money, profit of Rp 123 billion SOEs Translucent

Ministry of State Owned Enterprises (SOEs) posted a net profit a company owned by the government during 2011 reached Rp123, 93 trillion.
This year, the government is targeting a net profit of the company's work plan and budget (RKAP) in 2012 amounting to Rp145, 56 trillion.
"However, the realization of the profit rate can be changed, because it has not fully completed the process of auditing and financial reporting," said Secretary of State Owned Enterprises, Wahyu Hidayat, the Ministry of Enterprise, Friday, April 20, 2012.
Revelation explains, the government raised the target SOEs in 2012 net profit to Rp145, 56 trillion, one of which is driven by savings and efficiency efforts in all areas. "Harmonized, as companies have cut corners to increase net income," said the Rev..
Based on the basic state performance reports received by VIVAnews, Ministry of SOEs recorded total revenues for 2011 of Rp1.387, 6 trillion. To support the company's business, state spending capital spending or capital expenditure (capex) last year amounted to Rp142, 3 trillion.
Of performance during 2011, the government pocketed the dividends from state enterprises to Rp28, 1 trillion.
Meanwhile, for the year, the Ministry of state set a target revenue of up to Rp1.495, 6 trillion. State-owned businesses will be supported by the endowment fund capex for Rp217, 3 trillion. Of the performance of state firms this year, the government hopes to reap the dividends of up to Rp30, 7 billion.
Revelation describes, SOE dividends received in the last year actually could still grow. Therefore, the Ministry has not entered a deposit of state-owned PT Krakatau Steel Corporation reached Rp956 billion. The funding comes from the capitalization of the profits from the company's field of steel recorded from January to September 2011.
"In the framework of the IPO, the dividends for the state budget fiscal year 2012 from fiscal year 2011 earnings, while still in the process of general meeting of shareholders," said the Rev..
SOE lossesAlthough the income earned during 2011 to reach Rp123, 93 trillion, the Ministry of State Owned Enterprises still recorded 23 state-owned enterprises suffered losses. Total loss is estimated at Rp3, 2 trillion.
"It's still a lot and we have to work hard. A lot of things to do," said Rev. Hidayat.
Ministry of Enterprise said, the loss is derived from the unaudited financial statements of 15 companies. Only five companies recently completed financial audit report. "Three other companies from the 2010 report," said the Rev..
Ministry of Enterprise admitted its efforts to improve the performance of state-owned enterprises are losing money requires hard work. In fact, not infrequently, State Enterprises Minister Dahlan Iskan, deliberately working visit to these companies.
During the visit, Dahlan is always advised that a company can improve its performance again. "The hope is not lost as one PT Paper Leces," said the Rev.. (Art)