Naik 40 Persen, Garuda Bukukan Pendapatan Rp46,7 Triliun di 2023

JAKARTA - PT Garuda Indonesia (Persero) Tbk (GIAA) catatkan kinerja positif pada tahun lalu. Dimana pendapatan sepanjang tahun 2023 tercatat sebesar 2,94 miliar Amerika Serikat (AS) atau Rp46,74 triliun (asumsi kurs Rp15.897 per dolar).

Realisasi pendapatan sepanjang tahun 2023 tersebut tumbuh sekitar 40 persen dibandingkan tahun sebelumnya yang tercatat 2,1 miliar dolae AS atau Rp33,4 triliun.

Garuda juga mencatatkan laba 251,9 juta dolar AS atau setara Rp4 triliun di tahun 2023. Laba tersebut turun signifikan dibandingkan dengan 2022 yang mencapai 3,74 miliar dolar AS.

Adapun pendapatan usaha Garuda di 2023 didorong dari pendapatan penerbangan berjadwal yang meningkat 41 persen secara tahunan atau year on year (yoy) menjadi 2,37 miliar dolar AS atau Rp37,7 triliun dari sebelumnya 1,68 miliar dolar AS atau Rp26,72 triliun.

Kenaikan tersebut sejalan dengan pergerakan masyarakat yang menggunakan transportasi udara di fase pascapandemi terus bergerak mendekati situasi sebelum pandemi.

Sementara, penerbangan berjadwal penumpang sendiri tumbuh 52 persen dari tahun sebelumnya menjadi 2,21 miliar dolar AS atau setara Rp35,15 triliun.

Selaras dengan penerbangan berjadwal, pendapatan penerbangan tidak berjadwal juga tercatat tumbuh hingga 65 persen atau sebesar 288,03 juta dolar AS, setara dengan Rp4,6 triliun.

Rinciannya, pendapatan penerbangan haji di tahun 2023 menyumbang kenaikan signifikan hingga 145 persen menjadi 235,17 juta dolar AS atau setara Rp37,4 triliun dibandingkan tahun sebelumnya yaitu 92,48 juta dolar AS atau setara Rp1,5 triliun. Kemudian, pendapatan lain-lain turut naik 15 persen dari kinerja 2022 menjadi 270,58 juta dolar AS setara Rp4,3 triliun.

Direktur Utama Garuda Indonesia Irfan Setiaputra menjelaskan sepanjang tahun 2023, Garuda Indonesia Group berhasil mencatatkan kinerja operasional melalui pertumbuhan jumlah angkutan penumpang hingga 34 persen yakni mencapai 19.970.024 penumpang dibandingkan pada periode sebelumnya 14.848.195 penumpang.

“Dalam capaian tersebut, Garuda Indonesia berhasil mengangkut penumpang sebanyak 8.291.094 dan Citilink sebanyak 11.678.930 penumpang,” kata Irfan dikutip dari keterangan resmi yang diterima VOI, di Jakarta, Selasa, 2 April.

Lebih lanjut, Garuda Indonesia juga mencatatkan pendapatan lain-lain bersih sebesar 344,79 juta dolar AS yang dikontribusikan salah satunya dari penerapan pembalikan penurunan nilai aset non-keuangan (reversal impairment asset) dengan nilai sebesar 198 juta dolar AS.

“Penerapan perlakuan akuntasi tersebut tentunya telah dilaksanakan secara penuh kehati-hatian dan prudent dengan melibatkan Kantor Jasa Penilai Publik (KJPP) serta melalui prosedur audit dari kantor akuntan publik yang ditunjuk perusahaan,” ujarnya.

Selain penerapan pembalikan penurunan nilai aset non-keuangan, dalam hal pembukuan laba buku juga turut mencatat keuntungan atas penarikan kembali obligasi senilai 63,88 juta dolar AS yang dilaksanakan pada bulan Desember 2023 lalu.

Irfan bilang hal itu dilakukan melalui pembelian kembali sebagian Obligasi Baru 2022 di mana selisih nilai tercatat dan jumlah yang dibayarkan dibukukan sebagai keuntungan pembelian kembali obligasi.

“Aksi korporasi pembelian kembali sebagian obligasi tersebut menjadi salah satu proses pemenuhan kewajiban restrukturisasi, di mana dalam hal ini para pemegang Surat Utang dan Sukuk mayoritas merupakan para kreditur Garuda yang mengikuti tahapan Penundaan Kewajiban Pembayaran Utang (PKPU),” ujarnya.

JAKARTA - PT Garuda Indonesia (Persero) Tbk (GIAA) recorded positive performance last year. Where revenue throughout 2023 was recorded at 2.94 billion United States (US) or IDR 46.74 trillion (assuming an exchange rate of IDR 15,897 per dollar).

Realized income throughout 2023 grew by around 40 percent compared to the previous year which was recorded at 2.1 billion US dollars or IDR 33.4 trillion.

Garuda also recorded a profit of 251.9 million US dollars or the equivalent of IDR 4 trillion in 2023. This profit decreased significantly compared to 2022 which reached 3.74 billion US dollars.

Meanwhile, Garuda's business income in 2023 will be driven by scheduled flight revenue which increased 41 percent annually or year on year (yoy) to 2.37 billion US dollars or IDR 37.7 trillion from the previous 1.68 billion US dollars or IDR 26.72 trillion.

This increase is in line with the movement of people using air transportation in the post-pandemic phase which continues to move closer to the pre-pandemic situation.

Meanwhile, scheduled passenger flights grew 52 percent from the previous year to 2.21 billion US dollars or the equivalent of IDR 35.15 trillion.

In line with scheduled flights, non-scheduled flight revenues were also recorded to have grown by 65 percent or USD 288.03 million, equivalent to IDR 4.6 trillion.

In detail, Hajj flight revenue in 2023 will contribute a significant increase of up to 145 percent to 235.17 million US dollars or the equivalent of IDR 37.4 trillion compared to the previous year, namely 92.48 million US dollars or the equivalent of IDR 1.5 trillion. Then, other income also increased 15 percent from 2022 performance to 270.58 million US dollars, equivalent to IDR 4.3 trillion.

Garuda Indonesia President Director Irfaniaputra explained that throughout 2023, the Garuda Indonesia Group succeeded in recording operational performance through growth in the number of passenger transportation of up to 34 percent, reaching 19,970,024 passengers compared to 14,848,195 passengers in the previous period.

"In this achievement, Garuda Indonesia succeeded in carrying 8,291,094 passengers and Citilink 11,678,930 passengers," said Irfan, quoted from the official statement received by VOI, in Jakarta, Tuesday, April 2.

Furthermore, Garuda Indonesia also recorded other net income of 344.79 million US dollars, one of which was contributed by the implementation of reverse impairment of non-financial assets with a value of 198 million US dollars.

"The implementation of this accounting treatment has of course been carried out carefully and prudently by involving the Public Appraisal Services Office (KJPP) and through audit procedures from the public accounting firm appointed by the company," he said.

Apart from implementing the reversal of the decline in the value of non-financial assets, in terms of book profit bookkeeping, a profit was also recorded from the withdrawal of bonds worth 63.88 million US dollars which was carried out in December 2023.

Irfan said this was done through a partial buyback of the 2022 New Bonds where the difference in the recorded value and the amount paid was recorded as a profit on the bond buyback.

"The corporate action of repurchasing some of the bonds is part of the process of fulfilling restructuring obligations, where in this case the majority of Debt Securities and Sukuk holders are Garuda creditors who are following the Postponement of Debt Payment Obligations (PKPU) stages," he said.

The debt restructuring steps that began at the end of 2021, continued Irfan, Garuda Indonesia was able to reduce the value of its debt by up to 50 percent from the previous 10.9 billion US dollars or IDR 173.4 trillion to 4.79 billion US dollars or IDR 76.2 trillion.

Irfan also said that until now the company continues to fulfill its debt repayment obligations through a number of schemes, including making gradual repayment through operational cash flow. Then, convert the debt into New Equity, New Debt Securities, Local Debt Claims and New Sukuk.

Then, convert long-term debt for bank creditors, state-owned companies and subsidiaries, and pay off part of the new debt securities and new sukuk through a tender offer.

"The ongoing recovery process will take a long time amidst various challenges in the future that need to be faced strategically," explained Irfan.

Langkah restrukturisasi utang yang dimulai sejak akhir tahun 2021 lalu, sambung Irfan, Garuda Indonesia mampu menurunkan nilai utang hingga 50 persen dari sebelumnya 10,9 miliar dolar AS atau Rp173,4 triliun menjadi 4,79 miliar dolar AS atau Rp76,2 triliun.

Irfan juga bilang hingga saat ini perusahaan terus melakukan pemenuhan kewajiban pembayaran utang melalui sejumlah skema di antaranya yaitu melakukan pelunasan bertahap melalui arus kas operasional. Lalu, melakukan konversi utang menjadi Ekuitas Baru, Surat Utang Baru, Tagihan Utang Lokal dan Sukuk Baru.

Kemudian, melakukan konversi utang jangka Panjang untuk kreditur Bank, BUMN dan Anak Perusahaan, dan melakukan Pelunasan Sebagian Surat Utang Baru dan Sukuk Baru melalui Tender Offer.

“Proses pemulihan yang sedang berlangsung ini membutuhkan waktu tidak sebentar di tengah adanya berbagai tantangan di masa mendatang yang perlu dihadapi secara strategis,” jelas Irfan.