(Values in IDR million)

BASED ON GROSS REVENUES MANCO MANCO ALS ALS PGB PGB

Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE - - - n/a 554 533 (21) -4% 1,247 1,148 (99)
EFT - - - n/a 398 411 13 3% 585 616 32
PIF - - - n/a 55 50 (5) -9% 335 303 (33)
PT - - - n/a 101 72 (29) -29% 327 229 (98)
Other Revenue 278 322 44 16% 29 25 (4) -15% 70 45 (24)
DISCOUNTS (2) (1) 1 -59% (12) (10) 2 -20% (34) (28) 6
Discounts% n/a n/a 2.2% 1.8% 2.7% 2.4%
TOTAL NET REVENUE 276 321 45 16% 571 548 (23) -4% 1,283 1,166 (117)
Commission Expense (46) (130) (84) 184% (68) (106) (37) 55% (232) (309) (78)
Commission Expenses% n/a n/a 12.3% 19.9% 18.6% 26.9%
Commission - Sales - - - n/a (17) (22) (5) 29% (50) (55) (5)
Commission - PT - - - n/a (6) (9) (3) 59% (80) (118) (38)
Commission - GX (20) (38) (17) 87% (32) (41) (9) 28% (64) (72) (8)
Commission - Others (26) (92) (67) 259% (14) (34) (20) 148% (38) (65) (27)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (46) (130) (84) 184% (68) (106) (37) 55% (232) (309) (78)
COS/G. Rev.% n/a n/a 12.3% 19.9% 18.6% 26.9%
GROSS PROFIT 230 191 (39) -17% 502 442 (60) -12% 1,051 856 (195)
G. Profit/G. Rev.% n/a n/a 90.7% 82.9% 84.3% 74.6%
Employment Cost (1,762) (2,620) (858) 49% (226) (156) 71 -31% (217) (201) 16
Utilities Expense (18) (23) (6) 32% (65) (62) 3 -4% (50) (156) (106)
Member Service Expense (1) (2) (1) 162% (19) (17) 1 -8% (35) (31) 5
IT & Communication Expense (30) (35) (5) 17% (30) (29) 0 -1% (22) (28) (6)
Marketing Expense (479) (233) 246 -51% (5) (5) (0) 2% (10) (8) 2
Licenses and Professionals (70) (138) (69) 99% (16) (17) (0) 2% (16) (17) (0)
Office Duties Expense (190) (415) (225) 118% (41) (36) 5 -12% (34) (64) (30)
Repair & Maintenance (R&M) (106) (21) 84 -80% (10) (2) 7 -75% (5) (20) (14)
Other Club Operating Expenses (38) (42) (4) 10% (2) (2) 0 0% - (2) (2)
FIXED COST (261) (292) (30) 12% (208) (208) (0) 0% (335) (324) 11
Building Rent - Office (121) (121) - 0% (118) (118) - 0% (207) (207) -
Building Service Charge - - - n/a (75) (75) - 0% (97) (97) -
Royalty Fee expense - - - n/a (14) (15) (0) 3% (31) (20) 11
CONTROLABLE COST (2,954) (3,820) (867) 29% (621) (534) 87 -14% (726) (851) (125)
Controlable Cost/G. Rev.% n/a n/a 112.2% 100.2% 58.2% 74.1%
EBITDA (2,648) (3,629) (981) 37% (119) (92) 27 -22% 325 5 (319)
EBITDA/G. Rev.% n/a n/a -21.5% -17.3% 26.1% 0.5%
Depreciation & Amortisation (211) (276) (64) 31% (121) (121) (0) 0% (149) (149) -
EBIT (2,860) (3,905) (1,045) 37% (240) (213) 27 -11% 176 (144) (319)
Non-operating income and expenditure 460 220 (240) -52% 9 8 (1) -12% (8) (22) (13)
EBT (2,399) (3,684) (1,285) 54% (231) (205) 26 -11% 167 (165) (333)
(Values in IDR million)
BASED ON GROSS REVENUES
var %
GROSS REVENUE -8%
EFT 5%
PIF -10%
PT -30%
Other Revenue -35%
DISCOUNTS -17%
Discounts%
TOTAL NET REVENUE -9%
Commission Expense 34%
Commission Expenses%
Commission - Sales 9%
Commission - PT 48%
Commission - GX 12%
Commission - Others 72%
New Member Items n/a
COST OF SALES 34%
COS/G. Rev.%
GROSS PROFIT -19%
G. Profit/G. Rev.%
Employment Cost -7%
Utilities Expense 212%
Member Service Expense -13%
IT & Communication Expense 27%
Marketing Expense -24%
Licenses and Professionals 2%
Office Duties Expense 88%
Repair & Maintenance (R&M) 261%
Other Club Operating Expenses n/a
FIXED COST -3%
Building Rent - Office 0%
Building Service Charge 0%
Royalty Fee expense -35%
CONTROLABLE COST 17%
Controlable Cost/G. Rev.%
EBITDA -98%
EBITDA/G. Rev.%
Depreciation & Amortisation 0%
EBIT -182%
Non-operating income and expenditure 160%
EBT -199%
(Values in IDR million)
BASED ON GROSS REVENUES BXC BXC CT CT CL CL
Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE 1,279 1,242 (37) -3% 1,241 1,179 (61) -5% 1,305 1,244 (61)
EFT 943 967 24 3% 752 789 37 5% 890 907 17
PIF 68 62 (6) -8% 109 101 (9) -8% 153 140 (13)
PT 267 212 (55) -21% 379 290 (89) -24% 261 197 (65)
Other Revenue 81 49 (32) -40% 72 58 (14) -19% 75 59 (16)
DISCOUNTS (22) (19) 3 -12% (19) (17) 1 -6% (28) (23) 4
Discounts% 1.7% 1.6% 1.5% 1.5% 2.1% 1.9%
TOTAL NET REVENUE 1,337 1,271 (66) -5% 1,294 1,220 (74) -6% 1,352 1,279 (72)
Commission Expense (165) (270) (105) 64% (193) (246) (53) 28% (213) (319) (107)
Commission Expenses% 12.9% 21.8% 15.6% 20.9% 16.3% 25.7%
Commission - Sales (51) (69) (18) 35% (40) (49) (9) 23% (63) (98) (35)
Commission - PT (44) (90) (46) 105% (87) (115) (28) 33% (59) (84) (25)
Commission - GX (32) (47) (16) 49% (39) (52) (14) 35% (62) (81) (19)
Commission - Others (38) (64) (25) 66% (27) (29) (2) 8% (28) (56) (27)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (165) (270) (105) 64% (193) (246) (53) 28% (213) (319) (107)
COS/G. Rev.% 12.9% 21.8% 15.6% 20.9% 16.3% 25.7%
GROSS PROFIT 1,172 1,001 (171) -15% 1,101 974 (127) -12% 1,139 960 (179)
G. Profit/G. Rev.% 91.7% 80.6% 88.7% 82.6% 87.3% 77.2%
Employment Cost (206) (201) 5 -2% (217) (208) 9 -4% (245) (311) (66)
Utilities Expense (48) (51) (3) 6% (132) (131) 1 -1% (104) (71) 34
Member Service Expense (28) (22) 6 -21% (28) (22) 6 -20% (39) (33) 6
IT & Communication Expense (32) (25) 7 -23% (28) (27) 1 -4% (25) (25) 0
Marketing Expense - (28) (28) n/a (12) (26) (14) 118% (12) (13) (2)
Licenses and Professionals (15) (15) (0) 2% (13) (14) (0) 2% (16) (16) (0)
Office Duties Expense (40) (42) (2) 6% (41) (38) 3 -8% (50) (59) (9)
Repair & Maintenance (R&M) (6) (13) (7) 120% (4) - 4 -100% (0) (91) (91)
Other Club Operating Expenses (3) - 3 -100% (2) - 2 -100% (1) - 1
FIXED COST (414) (433) (19) 5% (438) (428) 10 -2% (453) (424) 30
Building Rent - Office (268) (268) - 0% (263) (263) - 0% (226) (226) -
Building Service Charge (125) (130) (5) 4% (143) (143) - 0% (195) (173) 22
Royalty Fee expense (21) (35) (14) 69% (32) (22) 10 -32% (32) (25) 7
CONTROLABLE COST (791) (830) (39) 5% (915) (894) 21 -2% (946) (1,043) (97)
Controlable Cost/G. Rev.% 61.9% 66.8% 73.8% 75.8% 72.5% 83.9%
EBITDA 380 171 (210) -55% 185 80 (106) -57% 193 (83) (276)
EBITDA/G. Rev.% 29.8% 13.8% 14.9% 6.8% 14.8% -6.7%
Depreciation & Amortisation (163) (165) (2) 1% (141) (139) 2 -1% (64) (64) (0)
EBIT 218 6 (212) -97% 45 (59) (104) -232% 129 (147) (276)
Non-operating income and expenditure 15 (3) (18) -121% 5 (6) (11) -215% 8 5 (3)
EBT 233 3 (230) -99% 50 (65) (115) -231% 137 (142) (279)
(Values in IDR million)
BASED ON GROSS REVENUES
var %
GROSS REVENUE -5%
EFT 2%
PIF -8%
PT -25%
Other Revenue -21%
DISCOUNTS -15%
Discounts%
TOTAL NET REVENUE -5%
Commission Expense 50%
Commission Expenses%
Commission - Sales 55%
Commission - PT 43%
Commission - GX 31%
Commission - Others 97%
New Member Items n/a
COST OF SALES 50%
COS/G. Rev.%
GROSS PROFIT -16%
G. Profit/G. Rev.%
Employment Cost 27%
Utilities Expense -32%
Member Service Expense -14%
IT & Communication Expense -2%
Marketing Expense 14%
Licenses and Professionals 2%
Office Duties Expense 18%
Repair & Maintenance (R&M) 22858%
Other Club Operating Expenses -100%
FIXED COST -7%
Building Rent - Office 0%
Building Service Charge -11%
Royalty Fee expense -22%
CONTROLABLE COST 10%
Controlable Cost/G. Rev.%
EBITDA -143%
EBITDA/G. Rev.%
Depreciation & Amortisation 1%
EBIT -214%
Non-operating income and expenditure -34%
EBT -204%
(Values in IDR million)
BASED ON GROSS REVENUES CW CW GM GM MOI MOI
Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE 808 807 (1) 0% 1,066 985 (81) -8% 1,815 1,720 (95)
EFT 552 589 38 7% 624 629 5 1% 1,004 1,018 14
PIF 73 67 (6) -8% 75 64 (11) -15% 300 263 (37)
PT 183 150 (33) -18% 367 292 (75) -20% 511 439 (72)
Other Revenue 74 60 (13) -18% 63 40 (23) -37% 82 55 (27)
DISCOUNTS (10) (8) 1 -15% (26) (17) 9 -35% (43) (39) 4
Discounts% 1.2% 1.0% 2.5% 1.8% 2.4% 2.3%
TOTAL NET REVENUE 872 859 (13) -1% 1,102 1,007 (94) -9% 1,854 1,736 (119)
Commission Expense (146) (219) (73) 50% (151) (246) (95) 63% (215) (360) (145)
Commission Expenses% 18.1% 27.1% 14.1% 25.0% 11.9% 20.9%
Commission - Sales (40) (78) (37) 92% (21) (37) (16) 75% (21) (35) (14)
Commission - PT (32) (47) (15) 47% (75) (120) (45) 59% (104) (193) (89)
Commission - GX (46) (52) (6) 13% (40) (50) (10) 25% (71) (84) (13)
Commission - Others (28) (42) (15) 54% (15) (39) (25) 168% (20) (48) (28)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (146) (219) (73) 50% (151) (246) (95) 63% (215) (360) (145)
COS/G. Rev.% 18.1% 27.1% 14.1% 25.0% 11.9% 20.9%
GROSS PROFIT 725 640 (85) -12% 951 762 (189) -20% 1,639 1,376 (263)
G. Profit/G. Rev.% 89.8% 79.4% 89.2% 77.3% 90.3% 80.0%
Employment Cost (161) (153) 8 -5% (211) (204) 8 -4% (377) (305) 72
Utilities Expense (62) (70) (7) 11% (75) (75) 1 -1% (110) (110) (0)
Member Service Expense (30) (29) 1 -3% (24) (19) 5 -20% (42) (39) 4
IT & Communication Expense (24) (48) (24) 100% (25) (26) (1) 5% (37) (34) 2
Marketing Expense (7) (9) (2) 26% (10) (1) 9 -90% - (14) (14)
Licenses and Professionals (13) (14) (0) 2% (14) (14) (0) 2% (16) (17) (0)
Office Duties Expense (68) (60) 7 -11% (55) (39) 17 -30% (56) (73) (17)
Repair & Maintenance (R&M) (3) (5) (2) 67% (4) (4) (1) 22% (10) (7) 2
Other Club Operating Expenses - (1) (1) n/a (1) - 1 -100% 1 - (1)
FIXED COST (252) (239) 12 -5% (261) (254) 8 -3% (795) (780) 16
Building Rent - Office (119) (116) 4 -3% (137) (137) - 0% (467) (467) -
Building Service Charge (100) (100) - 0% (98) (98) - 0% (277) (277) -
Royalty Fee expense (32) (24) 8 -26% (26) (18) 8 -29% (51) (35) 16
CONTROLABLE COST (620) (628) (8) 1% (680) (635) 45 -7% (1,441) (1,378) 63
Controlable Cost/G. Rev.% 76.7% 77.8% 63.9% 64.5% 79.4% 80.2%
EBITDA 106 12 (93) -88% 271 126 (144) -53% 198 (2) (200)
EBITDA/G. Rev.% 13.1% 1.5% 25.4% 12.8% 10.9% -0.1%
Depreciation & Amortisation (101) (102) (1) 1% (79) (81) (1) 2% (94) (96) (3)
EBIT 5 (89) (95) -1829% 191 46 (146) -76% 105 (98) (203)
Non-operating income and expenditure 2 17 15 805% 14 1 (14) -96% 39 23 (15)
EBT 7 (72) (79) -1124% 206 46 (159) -77% 143 (75) (218)
(Values in IDR million)
BASED ON GROSS REVENUES
var %
GROSS REVENUE -5%
EFT 1%
PIF -12%
PT -14%
Other Revenue -33%
DISCOUNTS -9%
Discounts%
TOTAL NET REVENUE -6%
Commission Expense 67%
Commission Expenses%
Commission - Sales 67%
Commission - PT 86%
Commission - GX 19%
Commission - Others 138%
New Member Items n/a
COST OF SALES 67%
COS/G. Rev.%
GROSS PROFIT -16%
G. Profit/G. Rev.%
Employment Cost -19%
Utilities Expense 0%
Member Service Expense -9%
IT & Communication Expense -6%
Marketing Expense n/a
Licenses and Professionals 2%
Office Duties Expense 31%
Repair & Maintenance (R&M) -25%
Other Club Operating Expenses -100%
FIXED COST -2%
Building Rent - Office 0%
Building Service Charge 0%
Royalty Fee expense -31%
CONTROLABLE COST -4%
Controlable Cost/G. Rev.%
EBITDA -101%
EBITDA/G. Rev.%
Depreciation & Amortisation 3%
EBIT -194%
Non-operating income and expenditure -40%
EBT -152%
(Values in IDR million)
BASED ON GROSS REVENUES PX PX SMS SMS Sutos Sutos
Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE 783 711 (71) -9% 1,034 997 (38) -4% 770 719 (51)
EFT 513 503 (10) -2% 673 681 8 1% 532 532 (1)
PIF 125 109 (16) -13% 114 110 (5) -4% 63 62 (1)
PT 144 99 (45) -31% 247 206 (41) -16% 174 126 (49)
Other Revenue 48 19 (30) -61% 64 42 (22) -35% 22 44 22
DISCOUNTS (18) (19) (1) 6% (27) (23) 4 -16% (12) (9) 3
Discounts% 2.3% 2.7% 2.6% 2.3% 1.5% 1.2%
TOTAL NET REVENUE 813 710 (102) -13% 1,071 1,016 (55) -5% 780 754 (26)
Commission Expense (121) (163) (42) 35% (129) (297) (168) 130% (88) (142) (54)
Commission Expenses% 15.5% 23.0% 12.5% 29.8% 11.4% 19.8%
Commission - Sales (15) (22) (7) 46% (18) (68) (51) 288% (23) (46) (22)
Commission - PT (29) (40) (11) 40% (38) (101) (63) 165% (13) (16) (4)
Commission - GX (48) (66) (17) 36% (58) (76) (19) 32% (39) (51) (12)
Commission - Others (29) (35) (6) 22% (16) (52) (36) 229% (12) (29) (17)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (121) (163) (42) 35% (129) (297) (168) 130% (88) (142) (54)
COS/G. Rev.% 15.5% 23.0% 12.5% 29.8% 11.4% 19.8%
GROSS PROFIT 691 547 (144) -21% 942 718 (224) -24% 692 612 (80)
G. Profit/G. Rev.% 88.3% 76.9% 91.1% 72.1% 89.9% 85.1%
Employment Cost (172) (170) 2 -1% (221) (189) 32 -14% (196) (201) (5)
Utilities Expense (46) (48) (2) 4% (78) (84) (5) 6% (90) (87) 3
Member Service Expense (23) (22) 1 -3% (33) (28) 5 -16% (13) (16) (3)
IT & Communication Expense (24) (21) 3 -12% (27) (21) 6 -21% (44) (31) 13
Marketing Expense (1) (4) (3) 403% (18) (20) (2) 10% (14) (8) 6
Licenses and Professionals (13) (15) (2) 17% (18) (15) 3 -18% (69) (12) 57
Office Duties Expense (43) (40) 3 -6% (42) (46) (4) 10% (68) (49) 19
Repair & Maintenance (R&M) (2) (7) (6) 300% (29) (1) 27 -95% (3) (14) (11)
Other Club Operating Expenses - - - n/a - - - n/a (1) - 1
FIXED COST (252) (247) 5 -2% (316) (301) 15 -5% (199) (216) (17)
Building Rent - Office (169) (169) - 0% (137) (137) - 0% (65) (87) (22)
Building Service Charge (66) (66) - 0% (147) (147) 0 0% (117) (111) 6
Royalty Fee expense (18) (13) 5 -30% (32) (18) 15 -45% (17) (18) (1)
CONTROLABLE COST (576) (576) 1 0% (781) (704) 76 -10% (696) (633) 64
Controlable Cost/G. Rev.% 73.6% 80.9% 75.5% 70.7% 90.5% 88.0%
EBITDA 115 (28) (144) -125% 161 14 (147) -91% (5) (21) (16)
EBITDA/G. Rev.% 14.7% -4.0% 15.6% 1.4% -0.6% -2.9%
Depreciation & Amortisation (82) (81) 1 -1% (80) (80) (0) 0% (96) (101) (5)
EBIT 34 (109) (143) -424% 81 (66) (147) -182% (101) (122) (21)
Non-operating income and expenditure (2) (21) (19) 959% 15 4 (11) -72% 10 120 110
EBT 32 (130) (162) -510% 97 (62) (159) -164% (91) (2) 89
(Values in IDR million)
BASED ON GROSS REVENUES UI
var % Jan
GROSS REVENUE -7%###
EFT 0%###
PIF -2%###
PT -28%###
Other Revenue 101%###
DISCOUNTS -23%###
Discounts%
TOTAL NET REVENUE -3%###
Commission Expense 62%###
Commission Expenses%
Commission - Sales 94%###
Commission - PT 28%###
Commission - GX 29%###
Commission - Others 138%###
New Member Items n/a###
COST OF SALES 62%###
COS/G. Rev.%
GROSS PROFIT -12%
###
G. Profit/G. Rev.%
Employment Cost 3%###
Utilities Expense -4%###
Member Service Expense 21%###
IT & Communication Expense -29%###
Marketing Expense -45%###
Licenses and Professionals -83%###
Office Duties Expense -28%###
Repair & Maintenance (R&M) 427%###
Other Club Operating Expenses -100%###
FIXED COST 8%###
Building Rent - Office 33%###
Building Service Charge -5%###
Royalty Fee expense 8%###
CONTROLABLE COST -9%###
Controlable Cost/G. Rev.%
EBITDA 362%
###
EBITDA/G. Rev.%
Depreciation & Amortisation 5%###
EBIT 21%###
Non-operating income and expenditure 1158%###
EBT -98%###
(Values in IDR million)
BASED ON GROSS REVENUES Breeze Breeze Kalibata Kalibata Bekasi Bekasi
Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE 666 521 (145) -22% 913 858 (55) -6% 911 910 (1)
EFT 354 374 20 6% 661 663 2 0% 623 651 28
PIF 155 146 (8) -5% 16 16 0 0% 21 22 1
PT 157 - (157) -100% 236 179 (57) -24% 267 238 (30)
Other Revenue 39 25 (14) -36% 60 38 (22) -36% 51 37 (14)
DISCOUNTS (27) (21) 6 -23% (11) (12) (1) 12% (19) (14) 5
Discounts% 4.0% 4.0% 1.2% 1.4% 2.0% 1.5%
TOTAL NET REVENUE 678 525 (153) -23% 962 884 (78) -8% 943 933 (10)
Commission Expense (134) (214) (80) 60% (130) (148) (18) 14% (119) (244) (125)
Commission Expenses% 20.1% 41.1% 14.3% 17.3% 13.1% 26.9%
Commission - Sales (36) (55) (19) 52% (47) (30) 17 -37% (19) (60) (41)
Commission - PT (41) (61) (20) 49% (29) (61) (32) 112% (39) (84) (45)
Commission - GX (40) (51) (11) 27% (43) (50) (7) 16% (47) (55) (8)
Commission - Others (16) (47) (31) 188% (12) (8) 4 -35% (14) (46) (32)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (134) (214) (80) 60% (130) (148) (18) 14% (119) (244) (125)
COS/G. Rev.% 20.1% 41.1% 14.3% 17.3% 13.1% 26.9%
GROSS PROFIT 544 311 (233) -43% 832 736 (96) -12% 824 689 (136)
G. Profit/G. Rev.% 81.7% 59.7% 91.1% 85.8% 90.5% 75.7%
Employment Cost (151) (149) 2 -2% (164) (164) 0 0% (188) (194) (6)
Utilities Expense (69) (73) (4) 5% (61) (77) (17) 27% (75) (75) (0)
Member Service Expense (19) (15) 4 -20% (27) (22) 5 -20% (21) (14) 7
IT & Communication Expense (26) (26) (0) 1% (24) (26) (2) 7% (26) (25) 1
Marketing Expense (14) (21) (7) 48% (0) (10) (10) 10333% (1) (17) (16)
Licenses and Professionals (14) (13) 1 -9% (14) (13) 0 -3% (15) (16) (1)
Office Duties Expense (35) (37) (2) 6% (40) (38) 2 -5% (35) (38) (3)
Repair & Maintenance (R&M) (1) (16) (15) 1272% (2) (0) 2 -94% (1) (3) (2)
Other Club Operating Expenses - - - n/a - (2) (2) n/a - (5) (5)
FIXED COST (266) (255) 11 -4% (177) (172) 5 -3% (324) (307) 17
Building Rent - Office (157) (157) - 0% (89) (89) - 0% (198) (198) -
Building Service Charge (86) (86) - 0% (65) (65) - 0% (99) (99) -
Royalty Fee expense (23) (12) 11 -47% (23) (18) 5 -23% (27) (10) 17
CONTROLABLE COST (596) (605) (9) 2% (509) (524) (15) 3% (687) (692) (5)
Controlable Cost/G. Rev.% 89.5% 116.2% 55.8% 61.0% 75.4% 76.1%
EBITDA (52) (294) (242) 469% 323 213 (110) -34% 137 (4) (141)
EBITDA/G. Rev.% -7.8% -56.5% 35.4% 24.8% 15.1% -0.4%
Depreciation & Amortisation (168) (168) - 0% (135) (136) (1) 0% (121) (121) -
EBIT (219) (462) (242) 111% 187 77 (111) -59% 17 (124) (141)
Non-operating income and expenditure 58 12 (46) -79% 10 7 (3) -33% 15 4 (10)
EBT (161) (450) (288) 179% 198 83 (114) -58% 31 (120) (151)
(Values in IDR million)
BASED ON GROSS REVENUES
var %
GROSS REVENUE 0%
EFT 4%
PIF 4%
PT -11%
Other Revenue -27%
DISCOUNTS -25%
Discounts%
TOTAL NET REVENUE -1%
Commission Expense 105%
Commission Expenses%
Commission - Sales 213%
Commission - PT 115%
Commission - GX 16%
Commission - Others 231%
New Member Items n/a
COST OF SALES 105%
COS/G. Rev.%
GROSS PROFIT -16%
G. Profit/G. Rev.%
Employment Cost 3%
Utilities Expense 0%
Member Service Expense -35%
IT & Communication Expense -5%
Marketing Expense 1611%
Licenses and Professionals 5%
Office Duties Expense 8%
Repair & Maintenance (R&M) 191%
Other Club Operating Expenses n/a
FIXED COST -5%
Building Rent - Office 0%
Building Service Charge 0%
Royalty Fee expense -64%
CONTROLABLE COST 1%
Controlable Cost/G. Rev.%
EBITDA -103%
EBITDA/G. Rev.%
Depreciation & Amortisation 0%
EBIT -849%
Non-operating income and expenditure -72%
EBT -486%
(Values in IDR million)
BASED ON GROSS REVENUES FHI FHI FHB FHB FHT FHT
Jan Feb var Amt var % Jan Feb var Amt var % Jan Feb var Amt
GROSS REVENUE 14,389 13,573 (817) -6% 718 709 (9) -1% 768 778 10
EFT 9,105 9,329 224 2% 425 452 27 6% 426 440 15
PIF 1,662 1,514 (148) -9% 75 71 (4) -5% 114 104 (10)
PT 3,622 2,729 (893) -25% 218 186 (33) -15% 228 233 5
Other Revenue 1,106 917 (188) -17% 46 30 (17) -36% 44 26 (18)
DISCOUNTS (309) (261) 48 -15% (12) (9) 3 -25% (17) (14) 3
Discounts% 2.1% 1.9% 1.7% 1.3% 2.2% 1.8%
TOTAL NET REVENUE 15,186 14,228 (958) -6% 753 730 (23) -3% 795 790 (5)
Commission Expense (2,150) (3,414) (1,264) 59% (154) (215) (61) 39% (104) (192) (87)
Commission Expenses% 14.9% 25.2% 21.5% 30.3% 13.6% 24.6%
Commission - Sales (463) (723) (260) 56% (25) (23) 2 -7% (13) (29) (16)
Commission - PT (675) (1,140) (465) 69% (46) (85) (39) 86% (46) (75) (30)
Commission - GX (681) (866) (185) 27% (45) (51) (6) 14% (31) (41) (10)
Commission - Others (332) (686) (354) 107% (39) (56) (17) 43% (14) (46) (31)
New Member Items - - - n/a - - - n/a - - -
COST OF SALES (2,150) (3,414) (1,264) 59% (154) (215) (61) 39% (104) (192) (87)
COS/G. Rev.% 14.9% 25.2% 21.5% 30.3% 13.6% 24.6%
GROSS PROFIT 13,036 10,814 (2,222) -17% 598 515 (83) -14% 691 598 (92)
G. Profit/G. Rev.% 90.6% 79.7% 83.3% 72.6% 89.9% 76.9%
Employment Cost (4,714) (5,424) (710) 15% (176) (174) 2 -1% (211) (205) 6
Utilities Expense (1,084) (1,191) (107) 10% (38) (58) (21) 55% (31) (35) (4)
Member Service Expense (381) (330) 51 -13% (28) (20) 8 -29% (66) (15) 51
IT & Communication Expense (423) (428) (5) 1% (38) (31) 7 -18% (31) (27) 4
Marketing Expense (584) (417) 167 -29% (24) (12) 12 -51% (30) (50) (20)
Licenses and Professionals (334) (346) (12) 4% (35) (40) (5) 15% (100) (110) (10)
Office Duties Expense (839) (1,074) (236) 28% (39) (33) 6 -16% (45) (43) 2
Repair & Maintenance (R&M) (185) (205) (20) 11% (8) (1) 7 -91% (55) (32) 23
Other Club Operating Expenses (46) (53) (7) 14% - - - n/a (2) (10) (8)
FIXED COST (4,952) (4,879) 73 -1% (156) (174) (18) 12% (230) (219) 10
Building Rent - Office (2,742) (2,760) (18) 1% (139) (157) (18) 13% (158) (158) -
Building Service Charge (1,690) (1,666) 24 -1% - - - n/a (50) (46) 4
Royalty Fee expense (380) (283) 97 -26% (17) (17) (0) 1% (21) (15) 6
CONTROLABLE COST (13,541) (14,347) (806) 6% (541) (543) (1) 0% (801) (747) 54
Controlable Cost/G. Rev.% 94.1% 105.7% 75.4% 76.5% 104.3% 95.9%
EBITDA (431) (3,532) (3,102) 720% 57 (28) (85) -149% (110) (148) (38)
EBITDA/G. Rev.% -3.0% -26.0% 7.9% -4.0% -14.4% -19.0%
Depreciation & Amortisation (1,993) (2,069) (75) 4% (32) (33) (1) 2% (64) (96) (32)
EBIT (2,424) (5,601) (3,177) 131% 25 (61) (86) -343% (175) (244) (70)
Non-operating income and expenditure 650 370 (279) -43% 9 (13) (22) -253% (40) (16) 24
EBT (1,774) (5,231) (3,456) 195% 34 (74) (107) -320% (214) (260) (46)
(Values in IDR million)
BASED ON GROSS REVENUES
var %
GROSS REVENUE 1%
EFT 3%
PIF -8%
PT 2%
Other Revenue -42%
DISCOUNTS -19%
Discounts%
TOTAL NET REVENUE -1%
Commission Expense 84%
Commission Expenses%
Commission - Sales 127%
Commission - PT 64%
Commission - GX 31%
Commission - Others 218%
New Member Items n/a
COST OF SALES 84%
COS/G. Rev.%
GROSS PROFIT -13%
G. Profit/G. Rev.%
Employment Cost -3%
Utilities Expense 14%
Member Service Expense -77%
IT & Communication Expense -14%
Marketing Expense 65%
Licenses and Professionals 10%
Office Duties Expense -5%
Repair & Maintenance (R&M) -42%
Other Club Operating Expenses 441%
FIXED COST -4%
Building Rent - Office 0%
Building Service Charge -8%
Royalty Fee expense -29%
CONTROLABLE COST -7%
Controlable Cost/G. Rev.%
EBITDA 34%
EBITDA/G. Rev.%
Depreciation & Amortisation 50%
EBIT 40%
Non-operating income and expenditure -61%
EBT 21%
(Values in IDR million) MIX MIX
BASED ON GROSS REVENUES CONSOL CONSOL CONSOL CONSOL
Jan Feb var Amt var % Jan Feb
GROSS REVENUE 15,875 15,060 (816) -5% 100% 100%
EFT 9,956 10,222 266 3% 63% 68%
PIF 1,851 1,690 (161) -9% 12% 11%
PT 4,069 3,148 (921) -23% 26% 21%
Other Revenue 1,055 837 (218) -21% 7% 6%
DISCOUNTS (338) (284) 54 -16% -2% -2%
Discounts% 2.1% 1.9%
TOTAL NET REVENUE 16,592 15,612 (980) -6% 105% 104%
Commission Expense (2,409) (3,821) (1,412) 59% -15% -25%
Commission Expenses% 15.2% 25.4%
Commission - Sales (500) (775) (275) 55% -3% -5%
Commission - PT (766) (1,300) (534) 70% -5% -9%
Commission - GX (757) (958) (201) 27% -5% -6%
Commission - Others (385) (787) (402) 104% -2% -5%
New Member Items - - - n/a 0% 0%
COST OF SALES (2,409) (3,821) (1,412) 59% -15% -25%
COS/G. Rev.% 15.2% 25.4%
GROSS PROFIT 14,183 11,792 (2,392) -17% 89% 78%
G. Profit/G. Rev.% 89.3% 78.3% 0% 0%
Employment Cost (5,101) (5,803) (702) 14% -32% -39%
Utilities Expense (1,153) (1,285) (132) 11% -7% -9%
Member Service Expense (475) (365) 110 -23% -3% -2%
IT & Communication Expense (492) (485) 7 -1% -3% -3%
Marketing Expense (602) (452) 150 -25% -4% -3%
Licenses and Professionals (364) (387) (23) 6% -2% -3%
Office Duties Expense (923) (1,150) (227) 25% -6% -8%
Repair & Maintenance (R&M) (248) (238) 10 -4% -2% -2%
Other Club Operating Expenses (48) (63) (15) 31% 0% 0%
FIXED COST (5,337) (5,272) 65 -1% -34% -35%
Building Rent - Office (3,039) (3,075) (36) 1% -19% -20%
Building Service Charge (1,740) (1,712) 28 -2% -11% -11%
Royalty Fee expense (418) (315) 103 -25% -3% -2%
CONTROLABLE COST (14,742) (15,500) (758) 5% -93% -103%
Controlable Cost/G. Rev.% 92.9% 102.9%
EBITDA (559) (3,708) (3,150) 564% -4% -25%
EBITDA/G. Rev.% -3.5% -24.6%
Depreciation & Amortisation (2,090) (2,198) (108) 5% -13% -15%
EBIT (2,648) (5,906) (3,258) 123% -17% -39%
Non-operating income and expenditure 619 342 (277) -45% 4% 2%
EBT (2,030) (5,565) (3,535) 174% -13% -37%
 PT OPEX % Club HO % of
Revenues USD Retention Penetration of Rev EBITDA Rev
KPI - #DIV/0! 0.0% #DIV/0! (0.1) #DIV/0!

Jan - 100% #DIV/0! #DIV/0! (0.0) #DIV/0!

Feb - #DIV/0! #DIV/0! #DIV/0! (0.0) #DIV/0!
Mar - #DIV/0! #DIV/0! #DIV/0! (0.0) #DIV/0!
YTD - 100% #DIV/0! #DIV/0! (0.0) #DIV/0!
MOI
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (7) (7) (7) (7) (7) (7) (7) (7) (7)
Employment Cost (7) (7) (7) (7) (7) (7) (7) (7) (7)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (7) (7) (7) (7) (7) (7) (7) (7) (7)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (7) (7) (7) (7) (7) (7) (7) (7) (7)
Non-operating income and expenditure - - - - - - - - -
EBT (7) (7) (7) (7) (7) (7) (7) (7) (7)

Cash Flow Projections: (IDR m)

Beginning Balance 15 4,565 4,629 5,039 5,478 5,613 6,789 7,982 9,181
Collection 1,286 1,295 1,307 1,333 1,373 1,396 1,414 1,421 1,441
Total Cash-in Revenues 1,286 1,295 1,307 1,333 1,373 1,396 1,414 1,421 1,441
Employment Cost (7) (7) (11) (7) (7) (7) (7) (7) (7)
Salaries (4) (4) (8) (4) (4) (4) (4) (4) (4)
Commissions (3) (3) (3) (3) (3) (3) (3) (3) (3)
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (129) (129) (131) (133) (137) (140) (141) (142) (144)
Total Cash-Out Operations (136) (137) (142) (141) (145) (147) (149) (149) (151)
Net Cash from Operations 1,150 1,158 1,165 1,193 1,229 1,249 1,265 1,272 1,290
Net Cash from investing activities - (1,020) (680) (680) (1,020) - - - -
Investing activities (1,020) (680) (680) (1,020)
Net Cash Flow from Financing activities 3,400 (75) (74) (74) (74) (73) (73) (72) (3,146)
Funding from Loan 3,400
Interest on loan (34) (34) (33) (33) (32) (32) (32) (31)
Repayment of loan (41) (41) (41) (41) (41) (41) (41) (3,114)
Net Increase/(Decrease) in Cash 4,550 63 410 439 135 1,176 1,193 1,200 (1,856)
Cash at the End of Month 4,565 4,629 5,039 5,478 5,613 6,789 7,982 9,181 7,326
Interest rate 12.0%
Monthly Loan Repayment in US$ $3,000

SMS
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST - - - - - - - - -
Employment Cost - - - - - - - - -
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA - - - - - - - - -
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT - - - - - - - - -
Non-operating income and expenditure - - - - - - - - -
EBT - - - - - - - - -

Cash Flow Projections: (IDR m)

Beginning Balance 10 2,785 2,870 3,166 3,475 3,587 4,319 5,062 5,813
Collection 865 868 876 890 899 908 922 929 933
Total Cash-in Revenues 865 868 876 890 899 908 922 929 933
Employment Cost - - - - - - - - -
Salaries - - - - - - - - -
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (130) (130) (131) (134) (135) (136) (138) (139) (140)
Total Cash-Out Operations (130) (130) (131) (134) (135) (136) (138) (139) (140)
Net Cash from Operations 735 738 745 757 764 772 783 790 793
Net Cash from investing activities - (612) (408) (408) (612) - - - -
Investing activities (612) (408) (408) (612)
Net Cash Flow from Financing activities 2,040 (41) (41) (40) (40) (40) (40) (40) (1,916)
Funding from Loan 2,040
Interest on loan (20) (20) (20) (20) (20) (19) (19) (19)
Repayment of loan (20) (20) (20) (20) (20) (20) (20) (1,897)
Net Increase/(Decrease) in Cash 2,775 85 296 308 112 732 744 750 (1,123)
Cash at the End of Month 2,785 2,870 3,166 3,475 3,587 4,319 5,062 5,813 4,689
Interest rate 12.0%
Monthly Loan Repayment in US$ $1,500

BAYWALK
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST - - - - - - - - -
Employment Cost - - - - - - - - -
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
 IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA - - - - - - - - -
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT - - - - - - - - -
Non-operating income and expenditure - - - - - - - - -
EBT - - - - - - - - -

Cash Flow Projections: (IDR m)

Beginning Balance 10 3,386 3,197 3,288 3,406 3,282 3,976 4,676 5,400
Collection 728 742 751 780 814 816 822 849 867
Total Cash-in Revenues 728 742 751 780 814 816 822 849 867
Employment Cost - - - - - - - - -
Salaries - - - - - - - - -
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (73) (74) (75) (78) (81) (82) (82) (85) (87)
Total Cash-Out Operations (73) (74) (75) (78) (81) (82) (82) (85) (87)
Net Cash from Operations 656 668 676 702 732 735 740 764 780
Net Cash from investing activities - (816) (544) (544) (816) - - - -
Investing activities (816) (544) (544) (816)
Net Cash Flow from Financing activities 2,720 (41) (41) (41) (40) (40) (40) (40) (2,651)
Funding from Loan 2,720
Interest on loan (27) (27) (27) (27) (27) (27) (26) (26)
Repayment of loan (14) (14) (14) (14) (14) (14) (14) (2,625)
Net Increase/(Decrease) in Cash 3,376 (189) 92 118 (124) 694 700 724 (1,871)
Cash at the End of Month 3,386 3,197 3,288 3,406 3,282 3,976 4,676 5,400 3,529
 Interest rate 12.0%
Monthly Loan Repayment in US$ $1,000

SUTOS
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (12) (12) (12) (12) (12) (12) (12) (12) (12)
Employment Cost (12) (12) (12) (12) (12) (12) (12) (12) (12)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (12) (12) (12) (12) (12) (12) (12) (12) (12)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (12) (12) (12) (12) (12) (12) (12) (12) (12)
Non-operating income and expenditure - - - - - - - - -
EBT (12) (12) (12) (12) (12) (12) (12) (12) (12)

Cash Flow Projections: (IDR m)

Beginning Balance 15 4,601 3,825 3,443 3,070 2,291 2,733 3,164 3,593
Collection 576 572 571 566 569 564 553 549 543
Total Cash-in Revenues 576 572 571 566 569 564 553 549 543
Employment Cost (12) (12) (25) (12) (12) (12) (12) (12) (12)
Salaries (12) (12) (25) (12) (12) (12) (12) (12) (12)
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (58) (57) (57) (57) (57) (56) (55) (55) (54)
Total Cash-Out Operations (70) (70) (82) (69) (69) (69) (68) (67) (67)
Net Cash from Operations 506 502 489 497 499 495 485 482 476
Net Cash from investing activities - (1,224) (816) (816) (1,224) - - - -
Investing activities (1,224) (816) (816) (1,224)
Net Cash Flow from Financing activities 4,080 (54) (54) (54) (54) (54) (54) (54) (4,025)
Funding from Loan 4,080
Interest on loan (41) (41) (41) (40) (40) (40) (40) (40)
Repayment of loan (14) (14) (14) (14) (14) (14) (14) (3,985)
Net Increase/(Decrease) in Cash 4,586 (776) (382) (373) (779) 441 432 428 (3,548)
Cash at the End of Month 4,601 3,825 3,443 3,070 2,291 2,733 3,164 3,593 44
Interest rate 12.0%
Monthly Loan Repayment in US$ $1,000

CITOS
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (7) (7) (7) (7) (7) (7) (7) (7) (7)
Employment Cost (7) (7) (7) (7) (7) (7) (7) (7) (7)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (7) (7) (7) (7) (7) (7) (7) (7) (7)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (7) (7) (7) (7) (7) (7) (7) (7) (7)
Non-operating income and expenditure - - - - - - - - -
EBT (7) (7) (7) (7) (7) (7) (7) (7) (7)

Cash Flow Projections: (IDR m)

Beginning Balance 12 3,536 3,493 3,719 3,981 3,997 4,857 5,728 6,616
Collection 901 904 908 940 970 1,001 1,013 1,031 1,042
Total Cash-in Revenues 901 904 908 940 970 1,001 1,013 1,031 1,042
Employment Cost (7) (7) (13) (7) (7) (7) (7) (7) (7)
Salaries (7) (7) (13) (7) (7) (7) (7) (7) (7)
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (90) (90) (91) (94) (97) (100) (101) (103) (104)
Total Cash-Out Operations (97) (97) (104) (101) (104) (107) (108) (110) (111)
Net Cash from Operations 804 807 804 839 866 894 905 921 931
Net Cash from investing activities - (816) (544) (544) (816) - - - -
Investing activities (816) (544) (544) (816)
Net Cash Flow from Financing activities 2,720 (34) (34) (34) (34) (34) (34) (34) (2,699)
Funding from Loan 2,720
Interest on loan (27) (27) (27) (27) (27) (27) (27) (27)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (2,672)
Net Increase/(Decrease) in Cash 3,524 (43) 226 262 17 860 871 888 (1,768)
Cash at the End of Month 3,536 3,493 3,719 3,981 3,997 4,857 5,728 6,616 4,848
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

THAMRIN
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (7) (7) (7) (7) (7) (7) (7) (7) (7)
Employment Cost (7) (7) (7) (7) (7) (7) (7) (7) (7)
 Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (7) (7) (7) (7) (7) (7) (7) (7) (7)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (7) (7) (7) (7) (7) (7) (7) (7) (7)
Non-operating income and expenditure - - - - - - - - -
EBT (7) (7) (7) (7) (7) (7) (7) (7) (7)

Cash Flow Projections: (IDR m)

Beginning Balance 10 1,817 1,841 2,004 2,174 2,211 2,663 3,112 3,566
Collection 505 511 518 522 526 533 529 534 537
Total Cash-in Revenues 505 511 518 522 526 533 529 534 537
Employment Cost (7) (7) (12) (7) (7) (7) (7) (7) (7)
Salaries (4) (4) (9) (4) (4) (4) (4) (4) (4)
Commissions (3) (3) (3) (3) (3) (3) (3) (3) (3)
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (50) (51) (52) (52) (53) (53) (53) (53) (54)
Total Cash-Out Operations (58) (58) (64) (60) (60) (61) (60) (61) (61)
Net Cash from Operations 447 453 455 462 466 472 469 473 476
Net Cash from investing activities - (408) (272) (272) (408) - - - -
Investing activities (408) (272) (272) (408)
Net Cash Flow from Financing activities 1,360 (20) (20) (20) (20) (20) (20) (20) (1,326)
Funding from Loan 1,360
Interest on loan (14) (14) (13) (13) (13) (13) (13) (13)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (1,312)
Net Increase/(Decrease) in Cash 1,807 24 163 170 38 452 449 453 (850)
Cash at the End of Month 1,817 1,841 2,004 2,174 2,211 2,663 3,112 3,566 2,716
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

GM
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (14) (14) (14) (14) (14) (14) (14) (14) (14)
Employment Cost (14) (14) (14) (14) (14) (14) (14) (14) (14)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (14) (14) (14) (14) (14) (14) (14) (14) (14)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (14) (14) (14) (14) (14) (14) (14) (14) (14)
Non-operating income and expenditure - - - - - - - - -
EBT (14) (14) (14) (14) (14) (14) (14) (14) (14)

Cash Flow Projections: (IDR m)

Beginning Balance 14 3,352 3,118 3,146 3,183 2,944 3,519 4,083 4,640
Collection 702 700 701 698 695 691 680 671 659
Total Cash-in Revenues 702 700 701 698 695 691 680 671 659
Employment Cost (14) (14) (25) (14) (14) (14) (14) (14) (14)
Salaries (11) (11) (22) (11) (11) (11) (11) (11) (11)
Commissions (3) (3) (3) (3) (3) (3) (3) (3) (3)
 Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - 0 - - - - - -
Local Taxes (70) (70) (70) (70) (69) (69) (68) (67) (66)
Total Cash-Out Operations (84) (84) (95) (84) (83) (83) (82) (81) (80)
Net Cash from Operations 618 617 606 614 611 608 598 590 579
Net Cash from investing activities - (816) (544) (544) (816) - - - -
Investing activities (816) (544) (544) (816)
Net Cash Flow from Financing activities 2,720 (34) (34) (34) (34) (34) (34) (34) (2,699)
Funding from Loan 2,720
Interest on loan (27) (27) (27) (27) (27) (27) (27) (27)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (2,672)
Net Increase/(Decrease) in Cash 3,338 (233) 28 37 (238) 575 564 557 (2,120)
Cash at the End of Month 3,352 3,118 3,146 3,183 2,944 3,519 4,083 4,640 2,520
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

KALIBATA
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (7) (7) (7) (7) (7) (7) (7) (7) (7)
Employment Cost (7) (7) (7) (7) (7) (7) (7) (7) (7)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (7) (7) (7) (7) (7) (7) (7) (7) (7)
 EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (7) (7) (7) (7) (7) (7) (7) (7) (7)
Non-operating income and expenditure - - - - - - - - -
EBT (7) (7) (7) (7) (7) (7) (7) (7) (7)

Cash Flow Projections: (IDR m)

Beginning Balance 7 4,074 3,678 3,615 3,563 3,176 3,810 4,444 5,078
Collection 749 747 746 751 756 757 757 757 748
Total Cash-in Revenues 749 747 746 751 756 757 757 757 748
Employment Cost (7) (7) (14) (7) (7) (7) (7) (7) (7)
Salaries (7) (7) (14) (7) (7) (7) (7) (7) (7)
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (75) (75) (75) (75) (76) (76) (76) (76) (75)
Total Cash-Out Operations (82) (82) (88) (82) (83) (83) (83) (83) (82)
Net Cash from Operations 667 665 657 669 673 675 675 674 666
Net Cash from investing activities - (1,020) (680) (680) (1,020) - - - -
Investing activities (1,020) (680) (680) (1,020)
Net Cash Flow from Financing activities 3,400 (41) (41) (41) (41) (41) (40) (40) (3,386)
Funding from Loan 3,400
Interest on loan (34) (34) (34) (34) (34) (34) (34) (34)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (3,352)
Net Increase/(Decrease) in Cash 4,067 (396) (63) (51) (387) 634 634 634 (2,720)
Cash at the End of Month 4,074 3,678 3,615 3,563 3,176 3,810 4,444 5,078 2,358
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

PX
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (8) (8) (8) (8) (8) (8) (8) (8) (8)
Employment Cost (8) (8) (8) (8) (8) (8) (8) (8) (8)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (8) (8) (8) (8) (8) (8) (8) (8) (8)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (8) (8) (8) (8) (8) (8) (8) (8) (8)
Non-operating income and expenditure - - - - - - - - -
EBT (8) (8) (8) (8) (8) (8) (8) (8) (8)

Cash Flow Projections: (IDR m)

Beginning Balance 10 1,860 1,919 2,106 2,304 2,377 2,855 3,338 3,830
Collection 553 551 551 555 565 563 568 578 572
Total Cash-in Revenues 553 551 551 555 565 563 568 578 572
Employment Cost (8) (8) (17) (8) (8) (8) (8) (8) (8)
Salaries (8) (8) (17) (8) (8) (8) (8) (8) (8)
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (55) (55) (55) (55) (57) (56) (57) (58) (57)
Total Cash-Out Operations (64) (63) (72) (64) (65) (65) (65) (66) (65)
Net Cash from Operations 490 487 479 491 500 499 503 512 506
Net Cash from investing activities - (408) (272) (272) (408) - - - -
Investing activities (408) (272) (272) (408)
Net Cash Flow from Financing activities 1,360 (20) (20) (20) (20) (20) (20) (20) (1,326)
Funding from Loan 1,360
 Interest on loan (14) (14) (13) (13) (13) (13) (13) (13)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (1,312)
Net Increase/(Decrease) in Cash 1,850 59 187 199 72 479 483 492 (819)
Cash at the End of Month 1,860 1,919 2,106 2,304 2,377 2,855 3,338 3,830 3,011
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

BEKASI
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST (8) (8) (8) (8) (8) (8) (8) (8) (8)
Employment Cost (8) (8) (8) (8) (8) (8) (8) (8) (8)
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
Royalty Fee expense - - - - - - - - -
EBITDA (8) (8) (8) (8) (8) (8) (8) (8) (8)
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT (8) (8) (8) (8) (8) (8) (8) (8) (8)
Non-operating income and expenditure - - - - - - - - -
EBT (8) (8) (8) (8) (8) (8) (8) (8) (8)

Cash Flow Projections: (IDR m)

Beginning Balance 10 1,955 2,109 2,390 2,686 2,851 3,419 3,986 4,552
Collection 789 787 785 793 801 795 792 791 786
Total Cash-in Revenues 789 787 785 793 801 795 792 791 786
Employment Cost (8) (8) (15) (8) (8) (8) (8) (8) (8)
 Salaries (8) (8) (15) (8) (8) (8) (8) (8) (8)
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (197) (197) (196) (198) (200) (199) (198) (198) (196)
Total Cash-Out Operations (205) (204) (211) (206) (208) (206) (206) (205) (204)
Net Cash from Operations 585 583 574 587 593 589 587 586 582
Net Cash from investing activities - (408) (272) (272) (408) - - - -
Investing activities (408) (272) (272) (408)
Net Cash Flow from Financing activities 1,360 (20) (20) (20) (20) (20) (20) (20) (1,326)
Funding from Loan 1,360
Interest on loan (14) (14) (13) (13) (13) (13) (13) (13)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (1,312)
Net Increase/(Decrease) in Cash 1,945 155 281 295 165 569 566 566 (744)
Cash at the End of Month 1,955 2,109 2,390 2,686 2,851 3,419 3,986 4,552 3,808
Interest rate 12.0%
Monthly Loan Repayment in US$ $500

ALSU
Income Statement: (IDR m) Apr Mei Jun Jul Agu Sep Okt Nov Des
TOTAL NET REVENUE - - - - - - - - -
COST OF SALES - - - - - - - - -
GROSS PROFIT - - - - - - - - -
GP Margin% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CONTROLLABLE COST - - - - - - - - -
Employment Cost - - - - - - - - -
Utilities Expense - - - - - - - - -
Member Service Expense - - - - - - - - -
IT & Communication Expense - - - - - - - - -
Marketing Expense - - - - - - - - -
Licenses and Professionals - - - - - - - - -
Office Duties Expense - - - - - - - - -
Repair & Maintenance (R&M) - - - - - - - - -
Other Club Operating Expenses - - - - - - - - -
FIXED COST - - - - - - - - -
 Royalty Fee expense - - - - - - - - -
EBITDA - - - - - - - - -
EBITDA/NR% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Depreciation & Amortisation - - - - - - - - -
EBIT - - - - - - - - -
Non-operating income and expenditure - - - - - - - - -
EBT - - - - - - - - -

Cash Flow Projections: (IDR m)

Beginning Balance 5 1,107 1,315 1,592 1,868 2,075 2,484 2,890 3,294
Collection 469 473 473 473 471 470 466 464 461
Total Cash-in Revenues 469 473 473 473 471 470 466 464 461
Employment Cost - - - - - - - - -
Salaries - - - - - - - - -
Commissions - - - - - - - - -
Landlord - - - - - - - - -
Utilities - - - - - - - - -
Royalties - - - - - - - - -
Other Vendors - - - - - - - - -
Local Taxes (47) (47) (47) (47) (47) (47) (47) (46) (46)
Total Cash-Out Operations (47) (47) (47) (47) (47) (47) (47) (46) (46)
Net Cash from Operations 422 426 426 426 424 423 419 417 415
Net Cash from investing activities - (204) (136) (136) (204) - - - -
Investing activities (204) (136) (136) (204)
Net Cash Flow from Financing activities 680 (14) (14) (13) (13) (13) (13) (13) (639)
Funding from Loan 680
Interest on loan (7) (7) (7) (7) (7) (6) (6) (6)
Repayment of loan (7) (7) (7) (7) (7) (7) (7) (632)
Net Increase/(Decrease) in Cash 1,102 208 276 277 207 410 406 404 (224)
Cash at the End of Month 1,107 1,315 1,592 1,868 2,075 2,484 2,890 3,294 3,070
Interest rate 12.0%
Monthly Loan Repayment in US$ $500
Apr-Dec
-
-
-
#DIV/0!
(65)
(65)
-
-
-
-
-
-
-
-
-
-
(65)
#DIV/0!
-
(65)
-
(65)

15
12,267
12,267
(69)
(42)
(27)
-
-
-
-
 (1,227)
(1,296)
10,971
(3,400)
(3,400)
(261)
3,400
(261)
(3,400)
7,311
7,326

Apr-Dec
-
-
-
#DIV/0!
-
-
-
-
-
-
-
-
-
-
-
-
-
#DIV/0!
-
-
-
 -

10
8,091
8,091
-
-
-
-
-
-
-
(1,214)
(1,214)
6,877
(2,040)
(2,040)
(157)
2,040
(157)
(2,040)
4,679
4,689

Apr-Dec
-
-
-
#DIV/0!
-
-
-
-
 -
-
-
-
-
-
-
-
-
#DIV/0!
-
-
-
-

10
7,170
7,170
-
-
-
-
-
-
-
(717)
(717)
6,453
(2,720)
(2,720)
(214)
2,720
(214)
(2,720)
3,519
3,529
Apr-Dec
-
-
-
#DIV/0!
(112)
(112)
-
-
-
-
-
-
-
-
-
-
(112)
#DIV/0!
-
(112)
-
(112)

15
5,062
5,062
(124)
(124)
-
-
-
 -
-
(506)
(630)
4,432
(4,080)
(4,080)
(323)
4,080
(323)
(4,080)
29
44

Apr-Dec
-
-
-
#DIV/0!
(60)
(60)
-
-
-
-
-
-
-
-
-
-
(60)
#DIV/0!
-
 (60)
-
(60)

12
8,709
8,709
(67)
(67)
-
-
-
-
-
(871)
(938)
7,771
(2,720)
(2,720)
(216)
2,720
(216)
(2,720)
4,836
4,848

Apr-Dec
-
-
-
#DIV/0!
(66)
(66)
 -
-
-
-
-
-
-
-
-
-
(66)
#DIV/0!
-
(66)
-
(66)

10
4,715
4,715
(71)
(44)
(26)
-
-
-
-
(471)
(542)
4,173
(1,360)
(1,360)
(107)
1,360
(107)
(1,360)
 2,706
2,716

Apr-Dec
-
-
-
#DIV/0!
(124)
(124)
-
-
-
-
-
-
-
-
-
-
(124)
#DIV/0!
-
(124)
-
(124)

14
6,197
6,197
(135)
(110)
(26)
 -
-
-
0
(620)
(755)
5,442
(2,720)
(2,720)
(216)
2,720
(216)
(2,720)
2,506
2,520

Apr-Dec
-
-
-
#DIV/0!
(63)
(63)
-
-
-
-
-
-
-
-
-
-
(63)
 #DIV/0!
-
(63)
-
(63)

7
6,768
6,768
(70)
(70)
-
-
-
-
-
(677)
(746)
6,021
(3,400)
(3,400)
(270)
3,400
(270)
(3,400)
2,351
2,358

Apr-Dec
-
-
-
#DIV/0!
 (75)
(75)
-
-
-
-
-
-
-
-
-
-
(75)
#DIV/0!
-
(75)
-
(75)

10
5,056
5,056
(83)
(83)
-
-
-
-
-
(506)
(589)
4,468
(1,360)
(1,360)
(107)
1,360
 (107)
(1,360)
3,001
3,011

Apr-Dec
-
-
-
#DIV/0!
(68)
(68)
-
-
-
-
-
-
-
-
-
-
(68)
#DIV/0!
-
(68)
-
(68)

10
7,121
7,121
(75)
 (75)
-
-
-
-
-
(1,780)
(1,855)
5,265
(1,360)
(1,360)
(107)
1,360
(107)
(1,360)
3,798
3,808

Apr-Dec
-
-
-
#DIV/0!
-
-
-
-
-
-
-
-
-
-
-
 -
-
#DIV/0!
-
-
-
-

5
4,220
4,220
-
-
-
-
-
-
-
(422)
(422)
3,798
(680)
(680)
(52)
680
(52)
(680)
3,065
3,070
 Gold's Gym Indonesia - MAY 2018 Budget
PT NJM & PT Revenue Include Tax (in Rupiah) Total Revenue *)
include Tax
CLUBS NJM LEAVERS NMM Collection (%) Conduct Hours Penetration NJM REVENUE POS PT PT Sales (in Rupiah)

BRAGA - - 0 90% 0 #DIV/0! - - - 476,087,526

ALAM SUTERA - - 0 91% 0 #DIV/0! - - - 473,059,403
BAYWALK PLUIT - - 0 92% 0 #DIV/0! - - - 742,160,599
BINTARO XCHANGE - - 0 82% 0 #DIV/0! - - - 1,104,258,305
THE BREEZE - - 0 90% 0 #DIV/0! - - - 460,676,516
RALAND CITRALAND - - 0 87% 0 #DIV/0! - - - 1,073,808,979
CITOS - - 0 73% 0 #DIV/0! - - - 903,884,378
CIWALK - - 0 87% 0 #DIV/0! - - - 658,047,243
GAJAH MADA - - 0 87% 0 #DIV/0! - - - 700,498,205
KALIBATA CITY - - 0 85% 0 #DIV/0! - - - 746,835,575
MALL OF INDONESIA - - 0 86% 0 #DIV/0! - - - 1,294,998,589
METROPOLITAN BEKASI - - 0 86% 0 #DIV/0! - - - 787,376,036
PX PAVILLION - - 0 95% 0 #DIV/0! - - - 550,691,874
SMS - - 0 82% 0 #DIV/0! - - - 867,736,649
SUTOS - - 0 87% 0 #DIV/0! - - - 571,669,635
THAMRIN CITY - - 0 88% 0 #DIV/0! - - - 511,354,640
SUB TOTAL - - 0 0 #DIV/0! - - - 11,923,144,150

GRANDCITY 115 70 45 96% 1,400 6.9% 270,000,000 30,000,000 360,000,000 1,980,000,000

PIK 70 - 70 100% 350 8.6% 202,500,000 30,000,000 90,000,000 525,000,000

TOTAL 185 70 115 472,500,000 60,000,000 450,000,000 14,428,144,150

*) Total Revenue means all revenue club including collection and others
Approved by ,
NJM 2018 Actual Actual Actual Christian
CLUB Jan Feb Mar Apr May Jun Jul Aug Sep Oct ###
ALSU ###
BAYWALK ###
BEKASI ###
BRAGA ###
BREEZE ###
BXC ###
CITOS ###
CITRALAND ###
CIWALK ###
GM ###
KALIBATA ###
MOI ###
PX ###
SMS ###
SUTOS ###
THAMRIN ###
Grand Total - - - - - - - - - ###
-
Jan
NMM 2018 Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual 2018
CLUBS Jan Feb Mar Apr May Jun Jul Aug Sep Oct TOTAL
ALSU ALSU
BAYWALK BAYWALK
BEKASI BEKASI
BRAGA BRAGA
BREEZE BREEZE
BXC BXC
CITOS CITOS
CITRALAND CITRALAND
CIWALK CIWALK
GM GM
KALIBATA KALIBATA
MOI MOI
PX PX
SMS SMS
SUTOS SUTOS
THAMRIN THAMRIN
Grand Total - - - - 0 0 - - - ###
-