Increasedbusiness opportunitiesfrom an economic aspect that includes the financial performance of the RefineryUnit VI is very important to manage. Good financial performance will support the company's business continuity, and also have a positive impact on stakeholders. RefineryUnit VI's commitment to improving financial performance is very high, and strives to achieve predetermined key performance indicators (KPI). RefineryUnit VI measures the achievement of KPI regularly every quarter as part of the evaluation.Targets related to current economic performance are the achievement of KPIs on RefineryGross Margin and Net Margin. The person in charge for recording and reporting financial performance is under the Financial Function. RefineryUnit VI uses Internal Control over Financial Reporting (ICoFR) to control financial reports, where each function that has the authorization uploads it on the ICoFR web system. In 2017, RefineryUnit VI succeeded in 100% compliance with the IcoFR.The realization of the RefineryUnit VI financial performance from 2015 was always above the target despite fluctuations in product prices. This is a good thing, supported by the achievement of the increasing Gross RefineryMargin and Net Margin from 2015–2017. RefineryUnit VI has continuously succeeded in improving financial performance and achieving the highest Gross RefineryMargin among all RefineryUnits owned by PT Pertamina (Persero).The installation of SPM and subsea pipelines is the target of increasing the RefineryUnit VI development program.
Keywords: Strategic Business Opportunities, SPM and Subse Pipeline.RefineryUnit V
