Introduction

“Intiland believes that by conducting procurement based on the principles of procurement of goods, the Company can maintain the value proposition given to consumers.”

Intiland implements several standards on quality, design, price as well as technical specification. In certain cases where applicable, we apply sticter criteria for environmental factors, especially for our key suppliers.

Intiland conducts the principle of procurement of goods accordingly through a careful inspection of each report of amounts, confirmation of all engineering solutions, and ensures that each product has been installed and received according to specifications without any reduction in features or quality.

The company is committed to providing the best residence for its consumers and assured that the policy carried out by the procurement division will not affect the final results of Intiland’s products. The ultimate goal is to achieve procurement or construction on a budget while meeting specifications, longevity and serviceability are also key factors.

Economic Value Generated

Economic Value Distributed

(in Million Rupiah)

Operating Cost

  • Procurement
  • Contractor and supplier
  • Payments
  • Marketing expenses
2021 : Rp1,715,215
2020 : Rp1,834,264
2019 : 1,804,555

Payments to Providers of Capital

  • Interest costs
  • Dividends paid to shareholders
2021 : Rp401,852
2020 : Rp413,464
2019 : Rp418,834

Community Investment

  • Social & public facilities
  • Community service
  • Philanthrophic donations
2021 : Rp411
2020 : Rp889
2019 : Rp2,260

Employees Wages and Benefit

  • Salaries
  • Work insurance
  • Medical expenses
  • Retirement plans
  • Other compensation & benefits
2021 : Rp247,464
2020 : Rp278,735
2019 : Rp328,283

Payments to Government

  • Stamp duty
  • Value added tax
  • Property luxury tax
  • Transfer tax (BPHTB)
  • Other taxes
2021 : Rp81,747
2020 : Rp51,054
2019 : Rp83,639

Economic Value Retained

(in Million Rupiah)

Profit of the year

  • Reinvestment in core business
  • Future acquisitions and investments
2021 : -Rp30,049
2020 : Rp68,962
2019 : Rp436,709

Total Asset

  • Inventories
  • Investment properties for recurring income
  • Land for development
2021 : Rp16,461,785
2020 : Rp15,701,873
2019 : Rp14,777,496