PERVSAHMN

PERSEROAN (PERSERO)
PT PERVSAHMN
LlSTRIK NEGARA DAN ENTITAS ANAK
l,APORAN POSISI KEVANGAN KONSOLIDASIAN
31 DESEMBER 2013 DAN 2012 DAN 1 JANVARI 2012!31 DESEMBER
(Angka dalam tabel dinyatakan dalam jutaan Rupiah)

DECEMBER

2011

PERVSAHMN
PERSEROAN (PERSERO)
PT PERVSAHMN
LlSTRIK NEGARA AND ITS SVBSIDIARIES
CONSOLIDATED
STATEMENTS OF FINANCiAL POSITION
31, 2013 AND 2012 AND JANVARY 1, 20121DECEMBER 31, 2011
(Figures in tables stated in millions of Rupiah)

1 Januaril

January 1,

Catatan!

Notes

31 Desember!

31 Desember!

20121
31 Desember!

December 31,

December 31,

December 31,

_-r2::.;0;.;.1=-3

:;;20",1.=2~),-__ --,2::.;0",1.;..1--,),--_

ASET TIDAK LANCAR

Aset tetap - setelah dikurangi
akumulasi penyusutan sebesar

NONCVRRENT ASSETS
Property, plant and equipment-

Rp 175.676.127 juta tanggal31 Desember 2013,

Rp 155.345.122 juta tanggal31 Desember 2012
dan Rp 136.396.197 juta tanggall
Januari 2012
Properti investasi
Investasi pada entitas asosiasi
Investasi pada ventura bersama
Aset pajak tangguhan
Piutang plhak berelasi
Rekening bank dan deposito berianqka dibatasi

Rp 175,676,127 million as of December 31,2013,

Rp 155,345,122 million as of December 31,2012
and Rp 136,396,197 million as of January 1, 2012
Investment properties
Investments
in associates
Investments in joint ventures
Deferred tax assets
Receivables from related parties
Restricted cash in banks and

penggunaannya
Piutang lain-lain
Aset tidak lancar lain

net of accumulated

6
7
8
8
47
9,52
10
16
11

5.659.753
304.302

12
13
14

462.317.745
158.280
1.571.184
54.255
200.713
22.329

402.260.912
152.796
1.141.698
1.152
18.018
212.709

4.792.736
303.058

3.889.763
355.270

25.529.969
97.667

472.065.808

22.639.853
378.208

409.530.261

22.068.093
636.264

408.674

Rp 649 juta tanggal 1 Januari 2012

Pajak dibayar dimuka

Biaya dibayar dirnuka dan uang muka
Piutang pihak berelasi

time deposits
Other receivables

Total Noncurrent

Assets

CVRRENT ASSETS
Cash and cash equivalents
Short-term investments
Trade accounts receivable
Related parties
for impairment
Rp 493 million
Rp 341 million

Pihak berelasi - setelah dikurangi

cadangan kerugian penurunan nilai sebesar
Rp 493 juta pada tanggal31 Desember 2013,
Rp 341 juta tanggal 31 Desember 2012 dan
Pihak ketiga - setelah dikurangi
cadangan kerugian penurunan nilai sebesar
Rp 464.925 juta pada tanggal31 Desember 2013,
Rp 367.886 juta tanggal31 Desember 2012 dan
Rp 355.498 juta tanggal 1 Januari 2012
Piutang subsidi listrik
Piutang lain-lain
Persediaan - bersih

15,37
16
17
18
19
9,52

Jumlah Aset Lancar

JVMLAH ASET
.) Disajikan kembali - Catatan 14
Lihat catatan atas laporan keuangan konsolidasian yang merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.

of

_+3:;.:.0:..:1.::;8."'2'-71:....
__ .:2",.6;.;.4=-5.=-506=-::..._.....:.1.;.;.4=-97;.;..9=-4;.:3_
Other noncurrent assets
511.040.211

Jumlah Aset Tidak Lancar

ASET LANCAR
Kas dan setara kas
Investasi jangka pendek
Piutang usaha

8.102.578
159.330
1.836.859
192.207
1.590.879
176.032

depreciation

227.264

266.708

r5.288.266
21.793.929
4.625.113
1.343.464

12.255.412
20.565.784
849.120
16.738.446

11.947.759
12.101.668
598.750
15.654.105

4.397.112

2.562.075
1.026.080

2.396.990
1.204.393

[ 1.312.925
_+_4.:.:0",.06=1

.:2=-8.,-,47",0,,-

Rp 649 million as of January 1, 2012

Third parties - net of allowance
for impairment losses of
Rp 464,925 million as of December 31, 2013,
Rp 387,886 million as of December 31, 2012 and
Rp 355,498 million as of January 1, 2012
Receivables on electricity subsidy
Other receivables
Inventories-net
Prepaid taxes
Prepaid expenses and advances

.::;67e;..2e;5:.:::6,Receivables

!l4837.180

77.310.156

66.922.542

5~5.877.391

549.375.964

476.452.803

- net of allowance
losses of
as of December 31, 2013,
as of December 31, 2012 and

from related parties

Total Current Assets

TOTAL ASSETS
.) As restated - Note 14

See accompanying notes to consolidated financial statements

which are an integral part of the consolidated financial statements.

PERUSAHAAN PERSEROAN (PERSERO)

PT PERUSAHAAN LlSTRIK NEGARA DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
31 DESEMBER 2013 DAN 2012 DAN 1 JANUARI2012/31

PT PERUSAHAAN

DESEMBER

2011

DECEMBER

PERUSAHAAN PERSEROAN (PERSERO)

LlSTRIK NEGARA AND ITS SUBSIDIARIES

CONSOLIDATED
STATEMENTS OF FINANCIAL POSITION
31, 2013 AND 2012 AND JANUARY 1, 20121DECEMBER 31, 2011

(Angka dalam tabel dinyatakan dalam jutaan Rupiah) - Lanjutan

(Figures in tables stated in millions of Rupiah) - Continued

1 Januaril

31 Desemberl
Catatan!
Notes
LlABILITAS

December

31,

12013

31 Desemberl
December 31,
2012 .)

January 1,
20121
31 Desemberl
December 31,
2011)

DAN EKUITAS

LIABILITIES
EQUITY

EKUITAS
Ekuitas yang dapat diatribusikan kepada
pemilik entitas induk
Modal saham - nilai nominal Rp 1 juta per saham
Modal dasar - 63.000.000 saharn
Modal ditempatkan dan disetor penuh 20
21

46.197.380 sa ham
T ambahan modal disetor
Saldo laba
Ditentukan penggunaannya
Tidak ditentukan penggunaannya
Ekuitas yang dapat diatribusikan kepada
pemilik Entitas Induk
Kepentingan nonpengendali
Jumlah Ekuitas
LlABILITAS JANGKA PANJANG
Pendapatan ditangguhkan
Liabilitas pajak tangguhan - bersih

6.197.380
9.901.404

46.197.380

46.197.380

44.930.345

40.050.208

19.108.528
.7.931.293

17.343.884
50.703.617

54.619.043

I
I

133.138.605
93.175
133.231.780

159.175.226
94.644

13.720.014

Utang
Utang
Utang
Utang
Utang
Utang

kepada Pemerintah
sewa pembiayaan
bank dan surat utang jangka menengah
obligasi
listrik swasta
pihak berelasi

Liabilitas imbalan ke~a

Utang lain-lain
Jumlah Liabilitas Jangka Panjang
LlABI LlTAS JANGKA PENDEK
Utang usaha
Pihak berelasi
Pihak ketiga
Utang pajak

Long-term liabilities - net of current maturities

Two-step loans

13.862.843

23

29.498.060

27.294.132

27.036.690

24
25
26
27
28
29,52
50
31

8.578.716
129.718.551
66.457.948

8.707.826
107.609.232
54.271.679
67.250.977
5.582.143
9.675
22.090.832
153.530

6.016.818
77.690.466

Biaya masih harus dibayar

Uang jaminan langganan
Utang biaya proyek
Utang jangka panjang jatuh tempo dalam
satu tahun

Penerusan pinjaman
Utang kepada Pemerintah
Utang sewa pembiayaan
Utang bank dan surat utang jangka
Utang obligasi
Utang listrik swasta
Utang pihak berelasi
LiabiJitas imbatan kerja
Utang lain-lain
Jumlah Liabilitas Jangka Pendek

menengah

315.503.191

2.136.710
4.389.792
1.222.393

14.894.376
10.861.230
1.146.104

33
34
35

8.714.043
0.107.402
1.061.453

7.580.945
6.455.405

23

3.208.983

24
25
26
27

293.793
4.901.469
8.387.881
2.808.000
272.454

2.309.841
334.010
3.699.829
7.808.344

28
29,52
50
31

2.786
2.584.480
18.223.407

Equity attributable to owners of the Company

Non-controlling interests
Total Equity
NONCURRENT LIABILITIES
Deferred revenue
Deferred tax liabilities - net

19.228.694
3.304.671

30,52
30,52
32

Appropriated
Unappropriated

14.587.906
6.384.701

23.788.838

16.764.275
6.906
24.395.289
221.150
374.330.565

Additional paid-in capital

Retained earnings

159.269.870

22
47

81.017.989

Equity attributable to owners of the Company

Capital stock - par value of Rp 1 million per share
Authorized - 63,000,000 shares
Subscribed and paid-Up 46,197,380 shares

154.586.645
96.391
154.683.038

Utang jangka panjang - setelah dikurangi

bagian jatuh tempo dalam satu tahun

Penerusan pinjaman

AND EQUITY

1.226.238

206.013

46.003.191
55.908.388
5.413.311
13.991
18.967.344
196.508
256.219.334

14.070.569
7.875.637
955.509
6.060.347
6.511.261
2.467.142

2.238.422
346.372
2.803.911
4.694.652
184.130
1.431

4.073
1.680.688

1.611.500
13.731.550
63.550.433

Government loans
Lease liabilities
Bank loans and medium term notes
Bonds payable
Electricity purchase payable
Payable to related parties
Employee benefits obligation
Other payables
Total Noncurrent Liabilities
CURRENT LIABILITIES
Trade accounts payable
Related parties
Third parties
Taxes payable

Accrued expenses
Customers' security deposits
Project cost payable
Current maturities of long-term
Two-step loans
Government
loans
Lease liabilities
Bank loans and medium
Bonds payable

liabilities

term notes

Electricity purchase payable

Payable to related parties
Employee benefits obligation
Other payables
Total Current liabilities

88.315.046

16.395.807
74.602.903

JUMLAH LlABILITAS

462.645.611

390.106.094

321.769.767

TOTAL LIABILITIES

JUMLAH EKUITAS DAN LlABILITAS

595.877.391

549.375.964

476.452.803

TOTAL EQUITY AND LIABILITIES

0) Disajikan kembali _ Catatan 14

Lihat catatan atas laporan keuangan konsolidasian yang merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolloaslan.

') As restated - Note 14

See accompanying notes to consolidated financial statements
which are an integral part of the consolidated financial statements.

PERUSAr.iAAN PERSEROAN (PERSERO)

PT PERl,JSAHAAN LlSTRIK NEGARA AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012
(Figures in tables stated in millions of Rupiah)

PERUSAHAAN PERSEROAN (PERSERO)

PT PERUSAHAAN LlSTRIK NEGARA DAN ENTITAS ANAK
LAPORAN LABA RUG I KOMPREHENSIF KONSOLIDASIAN
UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2013 DAN 2012
(Angka dalam tabel dinyatakan dalam jutaan Rupiah)

Catatan/
Notes

2012

153.185.606

36
37
22
38

126.721.647
103.331.285
1.306.463
1.297.061

REVENUES
Sale of electricity
Government's electricity subsidy
Customer connection fees
Olhers

232.656.456

Total Revenues

136.535.495
2.939.624
6.963.983
17.567.375
14.400.976
19.499.221
5.208.776

OPERATING EXPENSES
Fuel and lubricants
Purchased electricity
Lease
Maintenance
Personnel
Depreciation
Others

203.115.450

Total Operating Expenses

2~13
PENDAPATAN USAHA
Penjualan tenaga listrik
Subsidi listrik Pemerintah
Penyambungan pelanggan
Lain-lain
Jumlah Pendapalan Usaha
BEBAN USAHA
Bahan bakar dan pelumas
Pembelian tenaga listrik
Sewa
Pemeliharaan
Kepegawaian
Penyusutan
Lain-lain
Jumlah Beban Usaha
LABA SEBELUM POS KEUANGAN DAN LAIN-LAIN

101.207.859
I
1.585.338
1.125.778
257.J04581

147L3.751
2.393.790
8. 14.145
19.839.465

~~~~;:~~;
I

5.481.268
220.J11.147
36 .. 93.434

p6.378
(48.096.810)
(30. 46.545)
1.7,92.124

Pos Keuangan dan Lain-lain Bersih

(75.7,14.853)

LABA (RUG I) SEBELUM PAJAK

(39lz1.419)

LABA (RUGI) TAHUN BERJALAN DAN

JUMLAH LABA RUGI KOMPREHENSIF

Laba (rugi) tahun berjalan dan jumlah laba rugi

komprehensif diatribusikan kepada :
Pemilik Entilas Induk
Kepenlingan Nonpengendali
Jumlah
LABA (RUGI) PER SAHAM DASAR/DILUSIAN
(Dalam Rupiah penuh)

29.541.006

POS KEUANGAN DAN LAIN-LAIN BERSIH

Penghasilan bunga
Kerugian kurs mata uang asing - bersih
Beban keuangan
Penghasilan lain-lain - bersih

MANFAAT PAJAK

39
40
41
42
43
6
44

53
45
46

I
9.q53.958

47

(2917.461)

(29.563.880)
1(3.581)
(29.!)67.461)

384.043
(5.938.482)
(24.612.091 )
1.657.252

NET FINANCIAL AND OTHER ITEMS

Interest income
Loss on foreign exchange - net
Financial cost
Others income - net

(28.509.278)

Net Financial and Other Items

1.031.728

INCOME (LOSS) BEFORE TAX

2.173.796

TAX BENEFIT

3.205.524

INCOME (LOSS) FOR THE YEAR AND

TOTAL COMPREHENSIVE INCOME

3.208.444
(2.920)
3.205.524

Income (loss) for the year and total comprehensive

income attributable to :
Owners of the Company
Non-controlling interest
Total

I
(639947)

Lihat catatan alas laporan keuangan konsolidaslan yang merupak~n

bagIan yang tidak terpisahkan dan laporan keuangan konsolldaslaa.

48

INCOME BEFORE FINANCIAL AND OTHER ITEMS

69.451

BASIC/DILUTED EARNINGS (LOSS) PER SHARE

(In full Rupiah amount)

See accompanying notes to consolidated financial statements

which are an integral part of the consolidated financial statements.

PERUSAHAAN

PERSEROAN

PT PERUSAHAAN

(PERSERO)

LlSTRIK NEGARA

LAPORAN PERUBAHAN
UNTUK TAHUN-TAHUN

PERUSAHAAN

DAN ENTITAS ANAK

PT PERUSAHAAN

EKUITAS KONSOLIDASIAN
YANG BERAKHIR

CONSOLIDATED

31 DESEMBER

2013 DAN 2012

PERSEROAN

(PERSERO)

LlSTRIK NEGARA AND ITS SUBSIDIARI ES

STATEMENTS

OF CHANGES

FOR THE YEARS ENDED DECEMBER

(Angka dalam tabel dinyatakan dalam jutaan Rupiah)

IN EQUITY

31. 2013 AND 2012

(Figures in tables stated in millions of Rupiah)

Ekuitas yang
dapat diatribusikan
Saldo laba!

Modal ditempatkan
dan disetor penuhl
Subscribed

and

Tambanan modal

kepada pemilik

Retained earnings

entitas indukl

disetorl

Ditenlukan

Tidak ditentukan

EquityaNributable

Kepentingan
nonpengendal~

Catatan!

paid-up capital

Additional

penggunaannya!

penggunaannya!

to owners

Non-controlling

Jumlah ekuitas/

Notes

stock

paid-in capital

Appropriated

Unappropriated

of the Company

interest

Total equily
Balance as of January 1. 2012,

Saldo per 1 Januari 2012. sebagaimana

46.197.380

dilaporkan sebelumnya
Koreksi piutang usaha belum ditagih
Saldo per 1 Januari 2012 setelah disajikan

46.197.380

kembali
21

Cadangan umum tahun berjalan

49

45.948.843

145.916.445

8.670.200

8.670.200

40.050.208

13.720.014

54.619.043

154.566.845

96.391

154.683.036

4.880.137

3.385

4.883.522

3.623.870

(3.623.870)

4.880.137

49
tahun berjalan

Saldo per 31 Desember 2012

Penambahan tahun berjalan

21

Cadangan umum tahun berjalan

49

Dividen tunai

49

Jumlah rugi komprehensif

13.720.014

14

Penambahan lahun berjalan

Dividen tunai
-----------r.jumlah
laoa komprehensif

40.050.208

46.197.380

44.930.345

17.343.664
1.784.844

Saldo per 31 Desember 2013

46.197.380

lihat catalan alas laparan keuangan konsolidasian

bagian yang tidak terpisahkan

yang merupakan

dari laparan keuangan konsolidasian.

49.901.404

19.108.528

8.670.200

Correction

Irade receivable

(2:2T2)

(3.502.212)

3.208.444

3.208.444

(2.920)

3.205.524

50.703.617

159.175.226

94.644

159.269.870

4.971.059

2.712

4.973.771

Additions

during the year

(1.443.800)

during the year

Cash dividends

Total comprehensive income for the year

Balance as of December

31. 2012

Additions during the year

Appropriation

(1.784.844)

- not yet billed

Balance as of January 1,2012 as restated

Appropriation

(3:500:000)

(1.443.800)

as previously reported

146.012.838

(9,see:ooO)

4.971.059

lahun berjalan

96.391

during the year

(600)

(1.444.400)

Total comprehensive loss for the year

Balance as of December

(29.563.880)

(29.563.880)

(3.581)

(29.567.461)

17.931.293

133.138.805

93.175

133.231.780

Cash dividends

See accompanying notes to consolidated financial statements

which are an integral part of the consolidated

financial statements.

31. 2013

PERUSAHAAN PERSEROAN (PERSERO)

PT PERUSAHAAN LlSTRIK NEGARA DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DES EMBER 20 3 DAN 2012
(Angka dalam tabel dinyatakan dalam jutaan Rupiah)

PERUSAHAAN PERSEROAN (PERSERO)

PT PERVSAHAAN LlSTRIK NEGARA AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012
(Figures in tables stated in millions of Rupiah)

2012
ARUS KAS DARI AKTIVITAS OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
Pembayaran kas kepada karyawan
Kas digunakan untuk aktivitas operas!
Penerimaan subsidi listrik
Pembayaran bunga
Penerimaan bunga
Penerimaan restitusi pajak penghasilan
Pembayaran pajak penghasilan

CASH FLOWS FROM OPERATING ACTIVITIES

Cash receipts from customers
Cash paid to suppliers
Cash paid to employees
Cash used in operations
Govem ment subsidy received
Interest expense paid
Interest received
Income tax restitution received
Income tax paid

(118.366.978)
736.378
389.309
~3.221.807)

137.486.222
(167.365.322)
(11.120.577)
(40.999.677)
94.867.169
(22.568.006)
583.908
13.974
(1.433.106)

~8.175.230

30.464.262

1223.192
(34.650.475)
(165.294)
(12.670)

76.805
(40.895.117)
29.300
(109.200)

(120.480)
15.524

(120.321)
98.343

(557.636)
280.541

(1.117.505)
277.689

(3.4.987.298)

(41.760.006)

Net Cash Used in Investing Activities

.673.000
(6.238)

(293.793)
11.443.800)
Y291.979
(6 7.813.387)
(189.783)
13.198.848)

9.615.000
(172.719)
(892.000)
(2.286.711)
3.000.023
(293.793)
(3.500.000)
69.833.045
(60.185.808)
(169.623)
(3.099.923)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of bonds
Payment of bonds issuance costs
Payment of bonds payable
Payment of two-step loans
Proceeds from Government loans
Payment of Government loans
Payment of dividends
Proceeds from bank loans
Payment of bank loans
Payment of electricity purchase payable
Payment of lease liabilities

Kas Bersih Diperoleh Dari (Diqunakan Untuk)

Aktivitas Pendanaan

I (330.979)

11.847.491

Net Cash Provided (Cash Used) by Financing Activities

KENAIKAN BERSIH KAS DAN SETARA KAS

~.856.953

551.747

NET INCREASE IN CASH AND CASH EQUIVALENTS

22.639.853

22.088.093

Kas Bersih Diperoleh Dari Aktivitas Operasi

ARUS KAS OARI AKTIVITAS INVESTASI
Hasil penjualan aset tidak digunakan dalam operasi
Perolehan aset tetap
Penurunan (kenaikan) piutang pihak berelasi
Akuisisi entitas anak
Perolehan investasi pada entitas asostasi
dan ventura bersama
Penerimaan dividen dari entitas asosiasi
Penempatan rekening bank dan deposito
berjangka dibatasi penggunaannya
Pencairan investasi jangka pendek
Kas Bersih Digunakan Untuk Aktivitas Investasi
ARUS KAS DARI AKTIVITAS PENDANAAN
Perolehan dari penerbitan obligasi
Pembayaran biaya penerbitan obligasi
Pembayaran utang obligasi
Pembayaran penerusan pinjaman
Penarikan utang kepada Pemerintah
Pembayaran utang kepada Pemerintah
Pembayaran dividen
Perolehan utang bank
Pembayaran utang bank
Pembayaran utang listrik swasta
Pembayaran utang sewa pembiayaan

KAS DAN SETARA KAS AWAL TAHUN

Kas dan setara kas awal tahun
entitas anak yang diakuisisi
KAS DAN SETARA KAS AKHIR TAHUN

1~1.342.602
(18 0.257.732)
(12.426.256)
1
(11.341.386)
99.979.714

12.350.109)

33.163

i6.529.969

Lihat catatan atas laporan keuangan konsolidasian yang merupa an

bagian yang tidak terpisahkan dari laporan keuangan konsotidaslan.

13
22.639.853

Net Cash Provided by Operating Activities

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of assets not used in operations
Additions to property, plant and equipment
Decrease (increase) in receivables from related parties
Acquisition of subsidiaries
Acquisition of investments in associates
and joint ventures
Dividends received from associate
Placement of restricted cash in banks and
time deposits
Withdrawal of short-term investments

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR

Cash and cash equivalent at beginning of year of
subsidiary acquired
CASH AND CASH EQUIVALENTS AT END OF YEAR

See accompanying notes to consolidated financial statements

which are an integral part of the consolidated financial statements.