To answer the questions you need to see the annual financial reports 2018 - 2019.

Requested:

Pay attention to the cash flow statement section of the financial statement photo and answer the following questions:

a) With what methods (directly / indirectly) does the company prepare cash flow statements for 2018 and 2019? Explain how you will know which method to choose!

b) State what is included in the cash flow from operating, investing, and financing activities from the 2018-2019 company report (in the photo).

c) Calculate Free Cash Flow from the financial statements you downloaded 2018 - 2019, and explain your analysis!

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2019 AND 2018 (Expressed in thousands of Rupiah, unless otherwise stated) Modal ditempatkan dan disetor penuhi Issued and fully pald capital Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent Selisih kurs karena Tambahan penjabaran Surplus modal laporan revaluasi Saldo laba/Retained earnings disetori keuangan/ aset! Yang telah Yang belum Additional Difference in Asser ditentukan ditentukan pald-in foreign currency revaluation penggunaannyal penggunaannyal capital translation surplus Appropriated Unappropriated" Catatan/ Notes Jumlah/ Total Kepentingan nonpengendall Non-controlling interest Jumlah ekuitas! Total equity 2,403,076,473 3.934,833.124 56,100,179 2.330,655,281 11,613 209,777 (1,847,488,724) 18,490,386,110 17,407 18,490,403,517 4 1,893,480.M1 (17,557,052) (11,132,594,482) 7.929,385.641 (1,327,284,952) (1,327,284,952) Balance as at 1 January 2018 (as previously reported) Impact of restatements Balance as at 1 January 2018 (after restatements) Feedback 2,403,076,473 3,934,833,124 1,949,581,120 2,313,098,229 480,615,295 6,081,896,917 17,163,101,158 17,407 17,163,118,565 5 (888.629,119) 159,071,708 (888,629,119) 159,071,700 1,636.001,026 (47.777,374) 1.583 1,836,001.028 (47.777,374) 24 12 428,931,355 428,931,355 Recycling of cumulative (888,629,119) translation adjustment 159,071,708 Translation adjustments 1,636,002,591 Profil kor the year (47.777,374) Dividonds Other comprehensive income, net of tex: 428,931.355 Land revaluation Share of other comprehensive income from associates 1,555,615 and joint venture Romeasurements of pension and other post-employment (3.907,050) obligations Balance as at 31 December 2018 18,448,366,291 (after restatements) 11 1,555,615 1,555,615 (3,907,050) (3.907,050) 2,403,076,473 3,934,833,124 1,220,023,709 2,742,029,584 480,615,295 7,667,769,136 18,448,347,321 18,970 (79,339,597) (79,339,597) 193,851, 147 (306,048,761) 8.84 193,851.147 (306,048,781) 24 (79,339,597) Translation adjustments 193,852,031 Profit for the year (306,048,761) Dividends Other comprehensive income, nel of fax: Share of other comprehensive income 3,059,686 from 8.8.80clares Remeasurements of pension and other post-employment (126,470,475) obligations 18.133,419,175 Balance as at 31 December 2019 11 3,059.686 3,059,686 (126,470.475) 7.432,160,733 (126,470,475 18,133,399,321 2,403,076,473 3,934,833,124 1,140,684,112 2,742,029,584 480.615,295 19,854 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 31 DECEMBER 2019, 31 DECEMBER 2018 AND 1 JANUARY 2018 (Expressed in thousands of Rupiah, unless otherwise stated) Catatan/ Notes 31 Desember December 2019 31 Desember/ December 2018* 1 Januari/ January 2018* LIABILITIES 16 642,785,413 96,958,283 441,970,183 403,931,604 463,814,512 784,615,861 244,818,853 80,060,002 380,307,068 17 74,914,550 199, 145,890 10,041,652 118,518,440 317,082,067 2,620,644 27,736,785 115,294,680 18b 18,412,722 77,857,424 1,408,101,000 8,405,083 146,082,982 1,452,000,000 162,486 36,106,464 2,715,620,000 CURRENT LIABILITIES Trade payables Third parties - Related parties - Accrued expenses Short-term employee benefit liabilities Advances from customers Derivative liability Taxes payable Corporate income taxes - Other taxes - Short-term bank loans Current maturities of bonds payable Current maturities of investment loans Current maturities of provision for environmental and reclamation costs Other payables 19 20 899,594,174 21 1,585,286,186 1,121,605,386 486,103,998 22 25 31,190,755 706,574,335 25, 166,415 718,088,480 21,650,895 541,160,687 5,293,238,393 5,561,931.474 5,548,616,092 Total current liabilities NON-CURRENT LIABILITIES Bonds payable, net of current maturities 20 2,098,515,743 2,097,852,666 2,097,246,586 21 3,465,639,144 Investment loans, net of current maturities 5,249,741,153 3,200,350,554 22 592,201,736 406,977,425 373,844,066 Provision for environmental and reclamation costs, net of current maturities Pension and other post-employment obligations Other non-current liabilities 31 604,976,889 6,916,650 412,301,501 18,180,335 411,697,465 3,762,043 6.768,250,162 8,185,053,080 6,086,900,714 Total non-current liabilities 12,061,488,555 13,746,984,554 11,635,516,806 TOTAL LIABILITIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2019 AND 2018 (Expressed in thousands of Rupiah, unless otherwise stated) Modal ditempatkan dan disetor penuhi Issued and fully pald capital Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent Selisih kurs karena Tambahan penjabaran Surplus modal laporan revaluasi Saldo laba/Retained earnings disetori keuangan/ aset! Yang telah Yang belum Additional Difference in Asser ditentukan ditentukan pald-in foreign currency revaluation penggunaannyal penggunaannyal capital translation surplus Appropriated Unappropriated" Catatan/ Notes Jumlah/ Total Kepentingan nonpengendall Non-controlling interest Jumlah ekuitas! Total equity 2,403,076,473 3.934,833.124 56,100,179 2.330,655,281 11,613 209,777 (1,847,488,724) 18,490,386,110 17,407 18,490,403,517 4 1,893,480.M1 (17,557,052) (11,132,594,482) 7.929,385.641 (1,327,284,952) (1,327,284,952) Balance as at 1 January 2018 (as previously reported) Impact of restatements Balance as at 1 January 2018 (after restatements) Feedback 2,403,076,473 3,934,833,124 1,949,581,120 2,313,098,229 480,615,295 6,081,896,917 17,163,101,158 17,407 17,163,118,565 5 (888.629,119) 159,071,708 (888,629,119) 159,071,700 1,636.001,026 (47.777,374) 1.583 1,836,001.028 (47.777,374) 24 12 428,931,355 428,931,355 Recycling of cumulative (888,629,119) translation adjustment 159,071,708 Translation adjustments 1,636,002,591 Profil kor the year (47.777,374) Dividonds Other comprehensive income, net of tex: 428,931.355 Land revaluation Share of other comprehensive income from associates 1,555,615 and joint venture Romeasurements of pension and other post-employment (3.907,050) obligations Balance as at 31 December 2018 18,448,366,291 (after restatements) 11 1,555,615 1,555,615 (3,907,050) (3.907,050) 2,403,076,473 3,934,833,124 1,220,023,709 2,742,029,584 480,615,295 7,667,769,136 18,448,347,321 18,970 (79,339,597) (79,339,597) 193,851, 147 (306,048,761) 8.84 193,851.147 (306,048,781) 24 (79,339,597) Translation adjustments 193,852,031 Profit for the year (306,048,761) Dividends Other comprehensive income, nel of fax: Share of other comprehensive income 3,059,686 from 8.8.80clares Remeasurements of pension and other post-employment (126,470,475) obligations 18.133,419,175 Balance as at 31 December 2019 11 3,059.686 3,059,686 (126,470.475) 7.432,160,733 (126,470,475 18,133,399,321 2,403,076,473 3,934,833,124 1,140,684,112 2,742,029,584 480.615,295 19,854 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 31 DECEMBER 2019, 31 DECEMBER 2018 AND 1 JANUARY 2018 (Expressed in thousands of Rupiah, unless otherwise stated) Catatan/ Notes 31 Desember December 2019 31 Desember/ December 2018* 1 Januari/ January 2018* LIABILITIES 16 642,785,413 96,958,283 441,970,183 403,931,604 463,814,512 784,615,861 244,818,853 80,060,002 380,307,068 17 74,914,550 199, 145,890 10,041,652 118,518,440 317,082,067 2,620,644 27,736,785 115,294,680 18b 18,412,722 77,857,424 1,408,101,000 8,405,083 146,082,982 1,452,000,000 162,486 36,106,464 2,715,620,000 CURRENT LIABILITIES Trade payables Third parties - Related parties - Accrued expenses Short-term employee benefit liabilities Advances from customers Derivative liability Taxes payable Corporate income taxes - Other taxes - Short-term bank loans Current maturities of bonds payable Current maturities of investment loans Current maturities of provision for environmental and reclamation costs Other payables 19 20 899,594,174 21 1,585,286,186 1,121,605,386 486,103,998 22 25 31,190,755 706,574,335 25, 166,415 718,088,480 21,650,895 541,160,687 5,293,238,393 5,561,931.474 5,548,616,092 Total current liabilities NON-CURRENT LIABILITIES Bonds payable, net of current maturities 20 2,098,515,743 2,097,852,666 2,097,246,586 21 3,465,639,144 Investment loans, net of current maturities 5,249,741,153 3,200,350,554 22 592,201,736 406,977,425 373,844,066 Provision for environmental and reclamation costs, net of current maturities Pension and other post-employment obligations Other non-current liabilities 31 604,976,889 6,916,650 412,301,501 18,180,335 411,697,465 3,762,043 6.768,250,162 8,185,053,080 6,086,900,714 Total non-current liabilities 12,061,488,555 13,746,984,554 11,635,516,806 TOTAL LIABILITIES