Interim report
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PRESS RELEASE FOR IMMEDIATE RELEASE October 30, 2025 AMMAN 9M 2025 EARNINGS RESULTS THRIVING THROUGH ADVERSITY: MINING OPERATIONS ON TRACK DESPITE CHALLENGING SMELTER RAMP-UP • • • • • • •
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Posisi Keuangan Konsolidasian Interim 30 September 2025 dan 31 Desember 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Financial Position September 30, 2025 and December 31, 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) 30 September/ 31 Desember/ Catatan/ September 30, December 31, Notes 2025 2024 ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 4 676,063 754,280 Cash and cash equivalents Kas yang dibatasi penggunaannya - bagian lancar 5 145,323 70,384 Restricted cash - current portion Piutang usaha 6 117,549 271,490 Trade receivables Aset derivatif - bagian lancar 18 10,181 12,259 Derivative assets - current portion Persediaan, bersih 7 719,019 472,313 Inventories, net Stockpiles - bagian lancar 7 419,015 299,048 Stockpiles - current portion Pajak penghasilan dibayar dimuka 8a 43,346 - Prepaid income tax Piutang pajak lainnya 8a 414,898 376,751 Other tax receivables Biaya dibayar dimuka dan Prepayments and aset lancar lainnya other current assets - Pihak ketiga 13 56,529 75,892 Third parties - Jumlah Aset Lancar 2,601,923 2,332,417 Total Current Assets ASET TIDAK LANCAR NON-CURRENT ASSETS Kas yang dibatasi penggunaannya Restricted cash - bagian tidak lancar 5 100,564 68,737 - non-current portion Aset derivatif Derivative assets - bagian tidak lancar 18 6,112 4,916 - non-current portion Stockpiles - bagian tidak lancar 7 822,511 876,456 Stockpiles - non-current portion Piutang pajak penghasilan 8a 12,780 45,121 Income tax receivable Aset pajak tangguhan 8d 1,014 - Deferred tax assets Aset tetap, bersih 9 5,387,155 4,502,201 Property, plant and equipment, net Properti pertambangan, bersih 10 185,152 178,915 Mining properties, net Biaya pengupasan lapisan tanah yang ditangguhkan, bersih 11 3,388,142 2,803,393 Deferred stripping costs, net Investasi jangka panjang 12 251,032 249,184 Long term investments Goodwill 14 47,712 47,712 Goodwill Aset tidak lancar lainnya Other non-current assets - Pihak ketiga 13 2,792 6,388 Third parties - - Pihak berelasi 13,28 6,048 6,048 Related parties - Jumlah Aset Tidak Lancar 10,211,014 8,789,071 Total Non-Current Assets JUMLAH ASET 12,812,937 11,121,488 TOTAL ASSETS Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Posisi Keuangan Konsolidasian Interim 30 September 2025 dan 31 Desember 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Financial Position September 30, 2025 and December 31, 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) 30 September/ 31 Desember/ Catatan/ September 30, December 31, Notes 2025 2024 LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS LIABILITIES LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Pinjaman bank jangka pendek 16 376,810 406,942 Short term bank loans Trade payables and Utang usaha dan beban akrual accrued expenses - Pihak ketiga 15 592,910 608,112 Third parties - - Pihak berelasi 15,28 2,837 1,732 Related party - Utang pajak penghasilan 8b 90 10,498 Income tax payable Utang pajak lainnya 8b 43,049 23,094 Other tax payables Liabilitas reklamasi dan penutupan Reclamation and closure liabilities tambang - bagian lancar 19 9,966 20,883 - current portion Liabilitas derivatif Derivative liabilities - bagian lancar 18 14,479 6,139 - current portion Pinjaman bank jangka panjang Long term bank loans - bagian lancar 17 152,926 69,038 - current maturities Liabilitas jangka pendek lainnya Other current liabilities - Pihak berelasi 21,28 10,161 10,030 Related parties - Jumlah Liabilitas Jangka Pendek 1,203,228 1,156,468 Total Current Liabilities LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES Pinjaman bank jangka panjang, bersih Long term bank loans, net - setelah dikurangi bagian lancar 17 5,731,979 3,809,496 - net of current maturities Liabilitas reklamasi dan penutupan Reclamation and closure liabilities tambang - bagian tidak lancar 19 410,481 391,396 - non-current portion Liabilitas imbalan kerja 20 7,628 7,027 Employee benefit liabilities Liabilitas pajak tangguhan, bersih 8d 347,994 408,769 Deferred tax liabilities, net Liabilitas derivatif Derivative liabilities - bagian tidak lancar 18 73,667 56,992 - non-current portion Liabilitas jangka panjang lainnya Other non-current liabilities - Pihak berelasi 21,28 35,688 42,940 Related parties - Jumlah Liabilitas Jangka Panjang 6,607,437 4,716,620 Total Non-Current Liabilities JUMLAH LIABILITAS 7,810,665 5,873,088 TOTAL LIABILITIES Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Posisi Keuangan Konsolidasian Interim 30 September 2025 dan 31 Desember 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Financial Position September 30, 2025 and December 31, 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) 30 September/ 31 Desember/ Catatan/ September 30, December 31, Notes 2025 2024 EKUITAS EQUITY Modal saham - nilai nominal Capital stock - par value Rp 125 (nilai penuh) per saham IDR 125 (full amount) per share Modal dasar - Authorized - 113.360.000.000 saham 113,360,000,000 shares Modal ditempatkan dan disetor - Issued and paid-up - 72.518.217.656 saham 22a 659,301 659,301 72,518,217,656 shares Tambahan modal disetor 22a 1,720,040 1,720,040 Additional paid-up capital Saham treasuri 22b (48,429) - Treasury stock Cadangan lainnya (44,678) (25,514) Other reserves Dampak dari transaksi ekuitas Effect of equity transactions of entitas anak (270,223) (270,223) a subsidiary Foreign exchange Selisih kurs karena penjabaran adjustment on translation laporan keuangan (4,388) (3,860) of financial statements Saldo laba Retained earnings Dicadangkan 22c 300 150 Appropriated Belum dicadangkan 2,901,262 3,079,948 Unappropriated Jumlah Ekuitas yang Dapat Diatribusikan kepada Pemilik Total Equity Attributable to Entitas Induk 4,913,185 5,159,842 Owners of The Parent Entity Kepentingan nonpengendali 23 89,087 88,558 Non-controlling interests JUMLAH EKUITAS 5,002,272 5,248,400 TOTAL EQUITY JUMLAH LIABILITAS DAN EKUITAS 12,812,937 11,121,488 TOTAL LIABILITIES AND EQUITY Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian Interim Untuk Periode-periode Sembilan Bulan yang Berakhir 30 September 2025 dan 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Profit or Loss and Other Comprehensive Income For the Nine-month Periods Ended September 30, 2025 and 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) Catatan/ 30 September/September 30, Notes 2025 2024 PENJUALAN BERSIH 24 545,332 2,494,571 NET SALES BEBAN POKOK PENJUALAN 25 (410,704) (1,195,929) COSTS APPLICABLE TO SALES LABA KOTOR 134,628 1,298,642 GROSS PROFIT BEBAN OPERASIONAL OPERATING EXPENSES Beban akresi 19 (19,085) (13,933) Accretion expenses Beban eksplorasi (14,937) (14,183) Exploration expenses Beban pemasaran, umum Marketing, general and dan administrasi 26 (74,925) (74,231) administrative expenses Jumlah Beban Operasional (108,947) (102,347) Total Operating Expenses LABA OPERASIONAL 25,681 1,196,295 OPERATING PROFIT PENDAPATAN/(BEBAN) LAIN OTHER INCOME/(EXPENSES) Bagian laba dari entitas asosiasi Share in profit of associate dan ventura bersama 12 10,287 7,547 and joint ventures Beban keuangan 16,17,21 (283,293) (202,974) Finance costs Pendapatan lainnya, bersih 16,484 17,966 Other income, net Jumlah Beban Lain, Bersih (256,522) (177,461) Total Other Expenses, Net (RUGI)/LABA SEBELUM PAJAK (230,841) 1,018,834 (LOSS)/PROFIT BEFORE TAX MANFAAT/(BEBAN) PAJAK INCOME TAX PENGHASILAN 8c 55,787 (219,503) BENEFIT/(EXPENSE) (RUGI)/LABA PERIODE BERJALAN (LOSS)/PROFIT FOR THE PERIOD SEBELUM PENERIMAAN BEFORE NON-TAX NEGARA BUKAN PAJAK (175,054) 799,331 GOVERNMENT REVENUE Penerimaan negara bukan pajak 15 - (79,658) Non-tax government revenue (RUGI)/LABA PERIODE BERJALAN (175,054) 719,673 (LOSS)/PROFIT FOR THE PERIOD Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian Interim Untuk Periode-periode Sembilan Bulan yang Berakhir 30 September 2025 dan 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Profit or Loss and Other Comprehensive Income For the Nine-month Periods Ended September 30, 2025 and 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) Catatan/ 30 September/September 30, Notes 2025 2024 (RUGI)/PENGHASILAN OTHER COMPREHENSIVE KOMPREHENSIF LAIN (LOSS)/INCOME Pos yang akan Items that will be reclassified direklasifikasi ke laba rugi subsequently to profit or loss Transaksi derivatif 18 (25,897) 16,290 Derivative transactions Pajak sehubungan dengan Related income tax on transaksi derivatif 8d 5,697 (3,584) derivative transactions Bagian penyesuaian translasi Share in translation dari entitas asosiasi 12 851 (3,408) adjustment of associate Jumlah (Rugi)/Penghasilan Total Other Comprehensive Komprehensif Lain, Setelah Pajak (19,349) 9,298 (Loss)/Income, Net of Tax JUMLAH (RUGI)/PENGHASILAN KOMPREHENSIF TOTAL COMPREHENSIVE (LOSS)/ PERIODE BERJALAN (194,403) 728,971 INCOME FOR THE PERIOD JUMLAH (RUGI)/LABA PERIODE BERJALAN YANG DAPAT TOTAL (LOSS)/PROFIT FOR THE DIATRIBUSIKAN KEPADA: PERIOD ATTRIBUTABLE TO: Pemilik entitas induk (178,536) 717,113 Owners of the parent entity Kepentingan nonpengendali 3,482 2,560 Non-controlling interests (175,054) 719,673 JUMLAH (RUGI)/PENGHASILAN KOMPREHENSIF PERIODE TOTAL COMPREHENSIVE BERJALAN YANG DAPAT (LOSS)/INCOME FOR THE DIATRIBUSIKAN KEPADA: PERIOD ATTRIBUTABLE TO: Pemilik entitas induk (198,184) 727,604 Owners of the parent entity Kepentingan nonpengendali 23 3,781 1,367 Non-controlling interests (194,403) 728,971 (RUGI)/ LABA PER SAHAM YANG (LOSS)/EARNINGS PER SHARE DAPAT DIATRIBUSIKAN ATTRIBUTABLE TO OWNERS KEPADA PEMILIK ENTITAS OF THE PARENT ENTITY INDUK (nilai penuh) 27 (0.00246) 0.00989 (full amount) Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.
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PT AMMAN MINERAL INTERNASIONAL TBK DAN ENTITAS ANAK/AND ITS SUBSIDIARIES Laporan Arus Kas Konsolidasian Interim Untuk Periode-periode Sembilan Bulan yang Berakhir 30 September 2025 dan 2024 (Disajikan dalam Ribuan Dolar Amerika Serikat, Kecuali Dinyatakan Lain) Interim Consolidated Statements of Cash Flows For the Nine-month Periods Ended September 30, 2025 and 2024 (Expressed in Thousands of United States Dollars, Unless Otherwise Stated) Catatan/ 30 September/September 30, Notes 2025 2024 ARUS KAS DARI CASH FLOWS FROM AKTIVITAS OPERASI OPERATING ACTIVITIES Penerimaan dari pelanggan 6,24,25 709,757 2,602,410 Receipts from customers Pembayaran kepada pemasok (1,101,881) (1,081,049) Payments to suppliers Pembayaran royalti, pajak dan Payments of royalties, taxes and penerimaan negara bukan pajak (206,050) (713,021) non-tax government revenue Pembayaran beban keuangan 16,17,21 (290,000) (209,656) Payments of finance costs Kas bersih (digunakan untuk)/ Net cash diperoleh dari (used in)/provided by aktivitas operasi (888,174) 598,684 operating activities ARUS KAS DARI CASH FLOWS FROM AKTIVITAS INVESTASI INVESTING ACTIVITIES Acquisitions of Perolehan aset tetap 9,31 (1,006,786) (1,365,001) property, plant and equipment Advance for acquisition of Uang muka perolehan aset tetap 13 (38,000) (27,166) property, plant and equipment Pembayaran untuk penambahan Payments for addition of properti pertambangan 10 (13,215) - mining properties Kas digunakan untuk aktivitas investasi (1,058,001) (1,392,167) Cash used in investing activities ARUS KAS DARI CASH FLOWS FROM AKTIVITAS PENDANAAN FINANCING ACTIVITIES Penerimaan dari pinjaman Proceeds from bank jangka pendek 16 255,771 431,272 short term bank loans Pembayaran untuk pinjaman Repayments of bank jangka pendek 16 (283,505) (358,519) short term bank loans Penerimaan dari pinjaman Proceeds from bank jangka panjang 17 2,952,565 857,840 long term bank loans Pembayaran untuk pinjaman Repayments of bank jangka panjang 17 (881,206) (168,111) long term bank loans Pembelian saham treasuri 22b (48,429) - Purchase of treasury stock Perubahan pada kas yang dibatasi penggunaannya 5 (106,766) 67,768 Changes in restricted cash Kas bersih diperoleh dari Net cash provided by aktivitas pendanaan 1,888,430 830,250 financing activities NET (DECREASE)/INCREASE (PENURUNAN)/KENAIKAN BERSIH IN CASH AND KAS DAN SETARA KAS (57,745) 36,767 CASH EQUIVALENTS CASH AND CASH KAS DAN SETARA KAS EQUIVALENTS AT THE PADA AWAL PERIODE 754,280 1,228,597 BEGINNING OF THE PERIOD Pengaruh perubahan kurs Effect of foreign mata uang asing (20,472) 462 exchange rate changes KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS PADA AKHIR PERIODE 676,063 1,265,826 AT THE END OF THE PERIOD Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan. The accompanying notes to the interim consolidated financial statements form an integral part of these interim consolidated financial statements.