Bakrie Sumatera Plantations’ Accounting Policy Change Lifts Net Fixed Assets by Rp 3.9 Trillion
Bitget2026/11/03 06:58- Bakrie Sumatera Plantations changed its accounting policy, increasing the fair value of land and productive plants in its unaudited September 30, 2026, accounts.
- Net fixed assets rose 197.94%, or IDR 3.9 trillion, from December 31, 2025, reflecting the accounting change.
- Total assets increased 114.72% to IDR 7.49 trillion over the same period.
- Liabilities fell 46.14% to IDR 4.72 trillion, primarily through debt-to-equity conversions under a capital increase without preemptive rights.
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