Daftar Isi
Table of Contents
Halaman/
Page
Surat pernyataan direksi
Catatan/
Notes
1 Januari/
January 1,
2013/
31 Desember/
December 31,
2012 *)
ASET
ASET LANCAR
Kas dan setara kas
Pihak ketiga
Pihak berelasi
Piutang usaha
Pihak ketiga - setelah
dikurangi penyisihan atas
penurunan nilai
Pihak berelasi
Piutang lain-lain - pihak ketiga
Persediaan
Uang muka dan biaya
dibayar dimuka
Pajak dibayar dimuka
Aset lancar lainnya
Pihak ketiga
Pihak berelasi
ASSETS
2c,2f,5,44
2c,2f,2g,5,40,44
133.868
8.492
113.261
2.061
181.476
7.795
2f,6,44
2f,2g,6,40,44
2f,7,44
2h,8
35.973
93.782
584
316.300
34.351
73.270
7.672
374.057
39.839
134.648
621
348.518
2j,9
2u,36a
249.718
41.588
295.525
38.060
170.928
23.375
2e,2f,10,44
2e,2f,2g,10,40,44
171.422
15.856
245.563
15.084
341.527
13.824
1.067.583
1.198.904
1.262.551
CURRENT ASSETS
Cash and cash equivalents
Third parties
Related party
Trade receivables
NON-CURRENT ASSETS
2f,2g,11,40,44,45
2f,2g,12,40,44,45
2u,36d
2k,14
2f,13,44
2l,15a
22.047
138.498
2.077
302.360
167
36.670
154.891
1.646
25.768
820
167
51.099
155.205
1.044
1.034
167
2l,15b
26.842
25.054
22.136
1.142.914
6.391
2.057
1.152.312
6.391
2.333
1.179.546
6.391
2.869
2m,2n,2p,16
2p,17
1.643.353
1.406.052
1.419.491
TOTAL ASET
2.710.936
2.604.956
2.682.042
TOTAL ASSETS
Catatan/
Notes
1 Januari/
January 1,
2013/
31 Desember/
December 31,
2012 *)
2f,18,44
2f,19,44
2f,20,44
371.856
24.116
-
339.050
24.612
10.665
324.188
13.444
2f,21,44
2f, 2g,21,40,44
2f,22,44
40.379
1.627
5.430
39.204
5.880
10.212
41.006
11.042
12.175
2g
2f,23,44,45
2u,36b
29.167
133
13.307
2.224
24.954
111
9.044
1.911
19.822
258
64.109
3.254
651
47
24.863
32
48.066
15.025
32
59.358
5.963
37
29.145
Current maturities of
long-term liabilities:
Lease liabilities
Bank loans
Third parties
Related party
Loans and notes payable
561.851
540.105
524.443
2u,36d,45
2f,2g,40,44
2t,28
29.483
4.655
43.149
38.447
9.112
40.638
50.030
14.052
47.451
2f,2n,2s,24,44
1.455
102
155.981
32
190.849
865.786
125.919
65
217.797
908.968
104.205
119
251.532
951.067
2f,2n,2s,24
2f,2s,25
2f,2s,25
2f,2s,26,27,41
CURRENT LIABILITIES
Short-term bank loans
Murabahah payable
Musyarakah financing
Trade payables
Third parties
Related parties
Other payables - third parties
Advances from customers
Third parties
Related parties
Accrued expenses
Taxes payable
2f,2s,25,44
2f,2s,25,44
2f,2s,26,41,44,45
2f,2s,27,41,44,45
2f,2n,2s,24
2f,2s,25
2f,2s,25
2f,2s,26,27,41
(651)
(47)
(24.863)
(32)
(48.066)
(15.025)
(32)
(59.358)
(5.963)
(37)
(29.145)
NON-CURRENT LIABILITIES
Deferred tax liabilities - net
Other payables - related parties
Employee benefits liabilities
Long-term liabilities:
Lease liabilities
Bank loans
Third parties
Related party
Loans
Notes payable
Current maturities of
long-term liabilities:
Lease liabilities
Bank loans
Third parties
Related party
Loans and notes payable
1.217.778
1.266.586
1.383.311
Total Liabilitas
1.779.629
1.806.691
1.907.754
Total Liabilities
Catatan/
Notes
EKUITAS
Modal saham - nilai nominal
Rp1.000 per saham
Modal dasar 5.000.000.000 saham
Ditempatkan dan disetor penuh 2.671.404.480 saham biasa
pada tanggal 31 Desember
2014 dan 1.335.702.240 saham
biasa pada tanggal
31 Desember 2013
Tambahan modal disetor
Selisih transaksi dengan
kepentingan nonpengendali
Selisih kurs penjabaran
laporan keuangan dalam
mata uang asing
Saldo laba
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya
Total Ekuitas
TOTAL LIABILITAS DAN EKUITAS
1 Januari/
January 1,
2013/
31 Desember/
December 31,
2012 *)
EQUITY
Share capital - par value of
Rp1,000 per share
Authorized capital 5,000,000,000 shares
2b,4
(1.986)
(1.986)
(1.986)
2s
31
3.633
2.039
1.666
6.000
243.016
5.000
225.842
4.000
203.238
931.307
798.265
774.288
Total Equity
2.710.936
2.604.956
2.682.042
29
2w,30
651.679
28.965
537.169
30.201
537.169
30.201
Catatan/
Notes
2014
2013
PENJUALAN NETO
2g,2r,32,39,40
1.194.755
1.222.356
NET SALES
2g,2r,33,39,40
1.056.144
1.072.807
138.611
149.549
GROSS PROFIT
75.923
40.766
69.309
49.041
OPERATING EXPENSES
Selling
General and administrative
116.689
118.350
2d,39
21.922
31.199
OPERATING INCOME
2f,2s,45
2r
23.183
5.537
21.203
5.158
2f,45
3.232
3.251
2k,14
2f,35,45
(288)
(45.091)
(2.750)
(1.132)
6.469
(690)
(49.083)
(1.849)
(1.137)
6.773
(10.840)
(16.374)
11.082
14.825
9.392
12.185
20.474
27.010
NET INCOME
1.594
373
OTHER COMPREHENSIVE
INCOME
Translation adjustments on financial
statements in foreign currency
22.068
27.383
TOTAL
COMPREHENSIVE INCOME
LABA BRUTO
BEBAN USAHA
Penjualan
Umum dan administrasi
2g,2r,34,40
2f,2u,36c,45
LABA NETO
PENDAPATAN KOMPREHENSIF
LAIN
Selisih kurs penjabaran laporan
keuangan dalam mata uang asing
TOTAL
LABA KOMPREHENSIF
Catatan/
Notes
2014
2013
20.474
-
27.010
-
NET INCOME
ATTRIBUTABLE TO:
Owners of the parent
Non-controlling interest
TOTAL
20.474
27.010
TOTAL
22.068
-
27.383
-
TOTAL
22.068
27.383
TOTAL
0,0179
0,0179
2v,37
2v,37
0,0100
0,0099
Catatan/
Notes
Saldo 1 Januari 2013
Selisih kurs penjabaran laporan
keuangan dalam mata uang asing
2s
Modal
Ditempatkan
dan Disetor
Penuh/
Issued
and Fully
Paid Shares
Tambahan
Modal
Disetor/
Additional
Paid-in
Capital
Selisih
Transaksi
dengan
Kepentingan
Nonpengendali/
Difference
arising from
Transaction with
Non-controlling
Interest
Selisih Kurs
Penjabaran
Laporan
Keuangan
Dalam Mata
Uang Asing/
Translation
Adjustments on
Financial
Statements
In Foreign
Currency
(1.986)
1.666
4.000
203.238
774.288
Saldo Laba/
Retained Earnings
Telah
Belum
Ditentukan
Ditentukan
Penggunaannya/ Penggunaannya/
Appropriated
Unappropriated
Total
Ekuitas/
Total
Equity
537.169
30.201
373
373
27.010
27.010
31
1.000
(1.000)
Dividen kas
31
(3.406)
537.169
30.201
2.039
5.000
225.842
798.265
114.510
114.510
(1.236)
2s
31
Dividen kas
31
(1.986)
(1.236)
(3.406)
Cash dividend
1.594
1.594
20.474
20.474
1.000
651.679
28.965
(1.986)
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
3.633
6.000
(1.000)
(2.300)
243.016
(2.300)
931.307
Cash dividend
Balance at December 31, 2014
The accompanying notes to the consolidated the financial statements are an integral part of these
consolidated financial statements.
2014
ARUS KAS DARI
AKTIVITAS OPERASI
Penerimaan dari pelanggan
Pembayaran kepada pemasok,
karyawan dan untuk aktivitas
operasional lainnya
Kas yang diperoleh dari
aktivitas operasi
Penerimaan penghasilan bunga
Pembayaran pajak - neto
Pembayaran bunga dan
beban keuangan lainnya
Kas Neto yang Diperoleh dari
(Digunakan untuk) Aktivitas Operasi
ARUS KAS DARI
AKTIVITAS INVESTASI
Pelunasan dari piutang lain-lain pihak berelasi
Penambahan piutang lain - lain pihak berelasi
Penerimaan atas penjualan
aset tetap
Pembayaran kas neto atas
investasi pada Entitas Asosiasi
Perolehan aset tetap
Penambahan Hutan Tanaman Industri Dalam Pengembangan
Penambahan investasi pada
reksadana
Penurunan aset lancar lainnya
Kas Neto yang Diperoleh dari
(Digunakan untuk) Aktivitas Investasi
ARUS KAS DARI
AKTIVITAS PENDANAAN
Penerimaan liabilitas jangka panjang
Kenaikan neto pinjaman bank
jangka pendek
Pembayaran liabilitas jangka panjang
Pembayaran dividen kas
Pembayaran liabilitas sewa pembiayaan
Penerimaan dari Penawaran Umum
Terbatas II (PUT II)
Pembayaran beban emisi saham
Kas Neto yang Diperoleh dari
(Digunakan untuk) Aktivitas Pendanaan
2013
1.198.396
1.310.228
(979.935)
(1.280.999)
218.461
4.457
(3.215)
29.229
4.355
(16.028)
(35.445)
(89.647)
Cash provided by
operating activities
Receipts of interest income
Payments of taxes - net
Payments of interest and
other financial charges
184.258
(72.091)
20.187
6.134
(1.984)
(4.161)
36
(275.750)
(74.589)
(30.166)
(59.698)
(1.770)
(2.900)
74.129
(3.542)
95.819
(259.777)
1.522
45.338
34.543
21.645
(77.759)
(2.208)
(447)
114.510
36.695
(73.545)
(2.733)
(43)
-
(1.236)
99.843
(5.083)
2014
KENAIKAN (PENURUNAN)
NETO KAS DAN SETARA KAS
DAMPAK NETO PERUBAHAN
SELISIH KURS ATAS KAS DAN
SETARA KAS
24.324
2013
(75.652)
2.714
1.703
115.322
189.271
142.360
115.322
1.
1.
UMUM
a.
Pendirian Perusahaan
GENERAL
a. Companys Establishment
1.
1.
UMUM (Lanjutan)
b.
c.
GENERAL (Continued)
th
10
1.
1.
UMUM (Lanjutan)
2014
2013
Frenky Loa
Ir. Gandi Sulistiyanto Soeherman
Arthur Tahya (Arthur Tahija)
Indah Suryasari Wijaya Limantara
Drs. Pande Putu Raka, MA.
Let. Jend. TNI (Pum) Soetedjo
DR. Ramelan S.H., M.H.
Board of Commissioners
President Commissioner
Vice President Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Lu Teng Wei
Linda Suryasari Wijaya Limantara
Hendra Jaya Kosasih
Anton Mailoa
Suresh Kilam
Arman Sutedja
Suhendra Wiriadinata
Baharudin
Agustian Rachmansjah Partawidjaja
Board of Directors
President Director
Director
Director
Director
Director
Director
Director
Director
Independent Director
Director / Corporate Secretary
Dewan Komisaris
Komisaris Utama
Wakil Komisari Utama
Komisaris
Komisaris
Komisaris Independen
Komisaris Independen
Komisaris Independen
Direksi
Direkur Utama
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur Indpendan
Direktur / Sekretaris Perusahaan
GENERAL (Continued)
Komite Audit
Ketua
Anggota
Anggota
2014
2013
Boards
of
Audit Committee
Chairman
Member
Member
Kedudukan,
Tahun Usaha
Komersial Dimulai/
Domicile, Year
Commercial
Operations
Ruang
Lingkup
Usaha/
Scope of
Tanggal
Pendirian/
Date of
Subsidiaries
Activities
Establishment
Started
(%)
Distributor/
Distributor
4 Januari/
January 4,
1996
Tangerang, 1996
99,20
Entitas Anak/
the
The
Company
and
Subsidiaries
permanent
employees as of December 31, 2014 and 2013 were
approximately 12 thousand employees.
of
Persentase Kepemilikan/
Percentage of Ownership
2014 & 2013
(USD)
6
11
1.
1.
UMUM (Lanjutan)
Entitas Anak/
Ruang
Lingkup
Usaha/
Scope of
Tanggal
Pendirian/
Date of
Kedudukan,
Tahun Usaha
Komersial Dimulai/
Domicile, Year
Commercial
Operations
Subsidiaries
Activities
Establishment
Started
(%)
Distributor/
Distributor
8 Agustus/
August 8,
1996
British Virgin
Islands, 1996
100,00
49.615
66.231
Bidang
Keuangan/
Financing
Company
Mauritus, 1997
100,00
38.453
38.453
TK Trading Limited
Distributor/
Distributor
29 September/
September 29,
1997
Cayman Islands,
1997
100,00
8.531
17.087
Distributor/
Distributor
31 Agustus/
August 31,
1998
Cayman Islands,
1998
100,00
42.596
51.557
Distributor/
Distributor
23 Maret/
March 23,
2000
British Virgin
Islands, 2001
100,00
6.171
8.204
Bidang
Keuangan/
Financing
Company
Belanda/
Netherlands,
2004
100,00
733.415
Investasi/
Investment
Malaysia, 2004
100,00
74.558
83.080
PT Sumalindo Hutani
Jaya
Kehutanan/
Forestry
1 April / April 1,
1992
Jakarta, 1992
99,99
30.040
28.303
GENERAL (Continued)
Persentase Kepemilikan/
Percentage of Ownership
2014 & 2013
(USD)
12
2.
2.
b.
Laporan
arus
kas
konsolidasian
disusun
dengan menggunakan metode langsung, dan
dikelompokkan ke dalam aktivitas operasi, investasi
dan pendanaan.
Prinsip-prinsip Konsolidasian
Laporan keuangan konsolidasian menggabungkan
seluruh Entitas Anak yang dikendalikan oleh
Perusahaan. Pengendalian dianggap ada ketika
Perusahaan memiliki secara langsung atau tidak
langsung melalui Entitas Anak lebih dari setengah
kekuasaan suara suatu entitas, kecuali dalam
keadaan yang jarang dapat ditunjukkan secara jelas
bahwa kepemilikan tersebut tidak diikuti dengan
pengendalian. Pengendalian juga ada ketika
Perusahaan memiliki setengah atau kurang
kekuasaan suara suatu entitas jika terdapat:
b.
Principles of Consolidation
The consolidated financial statements include all
Subsidiaries that are controlled by the Company.
Control is presumed to exist when the Company,
directly or indirectly through Subsidiaries, owns
more than half of the voting power of an entity
unless, in exceptional circumstances, it can be
clearly demonstrated that such ownership does not
constitute control. Control also exists when the
Company owns half or less of the voting power of an
entity but there is:
13
2.
2.
c.
Entitas
Anak
dikonsolidasi
sejak
tanggal
akuisisi, yaitu tanggal Perusahaan memperoleh
pengendalian, sampai dengan tanggal Perusahaan
kehilangan pengendalian.
c.
Informasi Segmen
Segmen adalah bagian khusus dari Perusahaan dan
Entitas Anak yang terlibat baik dalam menyediakan
produk dan jasa (segmen usaha), maupun dalam
menyediakan produk dan jasa dalam lingkungan
ekonomi tertentu (segmen geografis), yang memiliki
risiko dan imbalan yang berbeda dari segmen
lainnya.
and
Kas dan setara kas terdiri dari saldo kas dan bank,
serta deposito berjangka yang jatuh tempo dalam
waktu tiga (3) bulan atau kurang sejak tanggal
penempatan dan tidak digunakan sebagai jaminan
atau dibatasi penggunaannya.
d.
transactions
d.
Segment Information
A segment is a distinguishable component of the
Company and Subsidiaries that is engaged either in
providing certain products (business segment), or in
providing products within a particular economic
environment (geographical segment), which is
subject to risks and rewards that are different from
those of other segments.
14
2.
2.
Instrumen Keuangan
f.
Financial Instruments
1.
1.
Aset Keuangan
Financial Assets
Pengakuan awal
Initial recognition
15
2.
2.
Pengukuran selanjutnya
Subsequent measurement
16
2.
2.
The
Company
and
Subsidiaries
shall
derecognize financial assets when, and only
when: the contractual rights to the cash flows
from the financial asset expire; the contractual
rights to receive the cash flows of the financial
asset are transferred to another entity; or the
contractual rights to receive the cash flows of
the financial asset are retained but they assume
a contractual obligation to pay the cash flows to
one or more recipients in an arrangement that
meets certain conditions. When the Company
and Subsidiaries transfer a financial asset, they
shall evaluate the extent to which they retain
the risks and rewards of ownership of the
financial asset.
17
2.
2.
Pengakuan awal
Initial recognition
18
2.
2.
3.
Pengukuran selanjutnya
Subsequent measurement
3.
4.
Financial
instruments
amortized cost
measured
at
Biaya
perolehan
diamortisasi
dihitung
menggunakan metode suku bunga efektif
dikurangi dengan penyisihan atas penurunan
nilai dan pembayaran pokok atau nilai yang
tidak dapat ditagih. Perhitungan tersebut
mempertimbangkan premium atau diskonto
pada saat perolehan dan termasuk biaya
transaksi dan biaya yang merupakan bagian
yang tidak terpisahkan dari suku bunga efektif.
19
2.
2.
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(i)
20
2.
2.
Persediaan
Kombinasi Bisnis
i.
j.
Prepaid Expenses
Prepaid expenses are amortized over the periods
benefited.
Business Combinations
Business combinations are accounted for using the
acquisition method. Any excess of the aggregate of
the fair value of the consideration transferred, the
non-controlling interests proportionate share of the
acquirees net identifiable assets, and the fair value
of the acquirers previously held equity interest in the
acquiree, over the fair values of the identifiable net
assets acquired is recognized as goodwill. If the
consideration transferred is less than the fair value
of the net assets acquired (negative goodwill), the
difference is recognized in profit or loss. Goodwill is
not amortized but annually assessed for impairment.
Inventories
k.
21
2.
2.
l.
l.
22
2.
2.
Tahun/Years
Bangunan dan prasarana
Mesin dan peralatan pabrik
Alat pengangkutan
Perabot dan peralatan kantor
20
20-25
5
5
23
2.
2.
o.
Sewa
Leases
o.
24
2.
2.
q.
p.
Biaya Pinjaman
Biaya pinjaman, baik yang secara langsung maupun
tidak langsung digunakan untuk mendanai suatu
proses pembangunan aset tertentu yang memenuhi
syarat (aset kualifikasian), dikapitalisasi hingga
saat proses pembangunannya selesai. Untuk
pinjaman yang secara khusus digunakan untuk
perolehan
aset
kualifikasian,
jumlah
yang
dikapitalisasi adalah sebesar biaya pinjaman yang
terjadi selama periode berjalan, dikurangi dengan
pendapatan investasi jangka pendek dari pinjaman
tersebut. Untuk pinjaman yang tidak secara khusus
digunakan untuk perolehan aset kualifikasian,
jumlah biaya pinjaman yang dikapitalisasi ditentukan
dengan mengalikan tingkat kapitalisasi tertentu
terhadap pengeluaran untuk aset kualifikasian
tersebut.
q.
Borrowing Costs
Borrowing costs, either directly or indirectly used in
financing the construction of a qualifying asset, are
capitalized up to the date when construction is
complete. For borrowings that are specific to the
acquisition of a qualifying asset, the amount to be
capitalized is determined as the actual borrowing
costs incurred during the period, less any income
earned from the temporary investment of such
borrowings. For borrowings that are not specific to
the acquisition of a qualifying asset, the amount to
be capitalized is determined by applying a
capitalization rate to the amount expensed on the
qualifying asset.
25
2.
2.
s.
r.
s.
2014
2013
12.440,00
119,33
6,12
1,32
1,22
0,82
12.189,00
104,92
6,10
1,27
1,12
0,72
Imbalan Kerja
Perusahaan dan Entitas Anak menentukan liabilitas
imbalan kerja sesuai dengan Undang-undang
Ketenagakerjaan No. 13/2003 (Undang-undang)
tanggal 25 Maret 2003. PSAK No. 24 (Revisi 2010),
Imbalan Kerja mensyaratkan biaya imbalan pasca
kerja berdasarkan Undang-undang ditentukan
dengan menggunakan metode aktuarial Projected
Unit Credit.
t.
Employee Benefits
The Company and Subsidiaries determine their
employee benefits under the Labor Law No. 13/2003
dated March 25, 2003 (the Law). PSAK No. 24
(Revised 2010), Employee Benefits requires cost
of post employment benefits based on the Law is
determined using the Projected Unit Credit
actuarial valuation method.
26
2.
2.
u.
Pajak Penghasilan
u.
Income Taxes
Beban
pajak
penghasilan
kini
ditetapkan
berdasarkan taksiran laba kena pajak tahun
berjalan.
27
2.
2.
v.
v.
3.
28
3.
3.
29
3.
3.
30
3.
3.
The costs of fixed assets are depreciated on a straightline basis over their estimated useful lives. Management
properly estimates the useful lives of these fixed assets
to be within 5 years to 25 years. These are common life
expectancies applied in the industries in which the
Company and Subsidiaries conduct their business.
Changes in the expected level of usage and
technological development could impact on the economic
useful lives and the residual values of these assets, and
therefore future depreciation charges could be revised.
Further details are disclosed in Notes 2m, 15 and 16.
31
3.
3.
32
3.
3.
4.
Pada
tanggal
13
Juni
2011,
Perusahaan
menandatangani Perjanjian Jual Beli Saham dengan
PT Inhutani I (Persero) untuk membeli 4.801.000 lembar
saham PT Sumalindo Hutani Jaya yang mewakili 40%
kepemilikan dengan nilai akuisisi sebesar Rp14,75
miliar. Perjanjian tersebut termuat dalam akta Jual Beli
Saham No. 36 tertanggal 13 Juni 2011 yang dibuat
dihadapan Linda Herawati, S.H., Notaris di Jakarta
Pusat.
33
5.
5.
2013
Third parties
Cash on hand
38
110
18.386
10.946
8.030
3.785
3.080
10.063
350
885
2.257
4.106
1.734
4.734
Cash in banks
PT Bank Mandiri (Persero) Tbk
PT Bank Rakyat Indonesia
(Persero) Tbk
PT Bank ICBC Indonesia
Bank of China Limited
PT Bank Negara Indonesia
(Persero) Tbk
Others (each below
USD1 million)
37.272
31.084
31.991
4.325
10.665
1.641
4.019
4.019
1.173
-
804
1.288
Cash equivalents
Time deposits
Indonesian Rupiah:
PT Bank Rakyat Indonesia
(Persero) Tbk
PT Bank Internasional Indonesia Tbk
PT Bank MNC Internasional Tbk
(Formerly PT Bank ICB
Bumiputera Tbk)
PT Bank Victoria International Tbk
Others (each below
USD1 million)
Dolar AS:
PT Bank Rakyat Indonesia
(Persero) Tbk
Lain-lain (masing-masing
dibawah USD1 juta)
51.000
67.300
US Dollar:
PT Bank Rakyat Indonesia
(Persero) Tbk
400
96.558
82.067
133.868
113.261
2.061
3.292
Setara kas
Deposito berjangka
Dolar AS:
PT Bank Sinarmas Tbk
5.200
Cash equivalent
Time deposit
US Dollar:
PT Bank Sinarmas Tbk
8.492
2.061
142.360
115.322
Total
Total
34
5.
5.
2013
83.432
46.633
10.361
1.306
522
54
52
93.581
17.200
313
1.257
1.207
1.561
203
US Dollar
Indonesian Rupiah
Chinese Yuan
European Euro
Japanese Yen
Hongkong Dollar
Singaporean Dollar
142.360
115.322
Total
Rupiah Indonesia
Dolar AS
2014
(%)
2013
(%)
4,70 - 11,25
0,15 - 1,00
2,00 - 9,50
0,15 - 2,00
PIUTANG USAHA
6.
2014
TRADE RECEIVABLES
This account consists of:
Pihak ketiga
Ekspor
Lokal
Indonesian Rupiah
US Dollar
Kas dan setara kas kepada pihak-pihak berelasi masingmasing sebesar 0,31% dan 0,08% dari jumlah aset
konsolidasian pada tanggal 31 Desember 2014 dan
2013.
6.
2013
52.345
14
50.720
17
Third parties
Export
Local
52.359
50.737
(16.386)
(16.386)
35.973
34.351
83.153
61.224
Related parties
Local
PT Cakrawala Mega Indah
7.111
3.468
50
8.194
3.822
30
Export
APP Branches
Paperich Pte, Ltd.
Others
10.629
12.046
Sub-total Export
93.782
73.270
129.755
107.621
Total
35
6.
6.
107.576
78.944
7.270
1.448
1.399
8
12.054
6.497
2.954
1.770
190
17.266
Current
Overdue:
< 1 month
> 1 month - 2 months
> 2 months - 3 months
> 3 months - 4 months
> 4 months
Total
129.755
107.621
Total
78.408
29.413
8.160
5.169
4.882
1.306
1.219
56.892
23.972
8.167
5.651
9.503
1.155
-
1.198
2.281
Indonesian Rupiah
US Dollar
Chinese Yuan
European Euro
Japanese Yen
British Poundsterling
Denmark Krone
Others (each below
USD1 million)
129.755
107.621
Total
Piutang usaha kepada pihak-pihak berelasi masingmasing sebesar 3,46% dan 2,81% dari total aset
konsolidasian pada tanggal 31 Desember 2014 dan
2013.
36
7.
7.
8.
PERSEDIAAN
8.
INVENTORIES
This account consists of:
9.
2013
Barang jadi
Barang dalam proses
Bahan baku
Bahan pembantu, suku cadang
dan lainnya
155.022
43.756
56.535
180.388
63.296
63.590
60.987
66.783
Finished goods
Work-in-process
Raw materials
Indirect material, spare parts
and others
Total
316.300
374.057
Total
9.
2013
Uang Muka
Pemasok
Karyawan
Lain-lain
230.603
202
4.138
270.905
1.717
5.588
Advances
Suppliers
Employees
Others
234.943
278.210
Total advances
14.207
242
326
16.850
168
297
Prepaid expenses
Insurance
Rent (Note 40d)
Others
14.775
17.315
249.718
295.525
Total
Total
37
2013
14
Third parties
Cash in banks
PT Bank Rakyat Indonesia
(Persero) Tbk
37.908
15.000
9.000
3.750
31.578
14.000
9.000
3.750
3.000
2.200
1.000
3.000
2.200
-
Time deposits
US Dollar:
PT Bank Rakyat Indonesia
(Persero) Tbk
Ningbo Commerce Bank
PT Bank Pan Indonesia Tbk
PT Bank Internasional Indonesia Tbk
PT Bank MNC Internasional Tbk
(Formerly PT Bank ICB
Bumiputera Tbk)
PT Bank Central Asia Tbk
Bank of China Limited
89.045
10.517
182.021
-
Chinese Yuan:
PT Bank Rakyat Indonesia
(Persero) Tbk
PT Bank ICBC Indonesia
171.420
245.549
171.422
245.563
155
Time deposit
US Dollar:
PT Bank Sinarmas Tbk
Yuan Cina:
PT Bank Rakyat Indonesia
(Persero) Tbk
PT Bank ICBC Indonesia
170
15.686
14.926
Short-term investment
Indonesian Rupiah:
PT Sinarmas Sekuritas
15.856
15.084
187.278
260.647
Total
Total
38
2013
99.562
72.030
15.686
182.021
63.700
14.926
Chinese Yuan
US Dollar
Indonesian Rupiah
187.278
260.647
Total
Rupiah Indonesia
Dolar AS
Yuan Cina
2014
(%)
2013
(%)
7,80 - 7,81
0,30 - 2,00
0,10 - 1,88
7,34 - 8,01
0,40 - 2,75
1,88
Indonesian Rupiah
US Dollar
Chinese Yuan
2013
37.573
37.573
32.480
35.706
Export
APP International Trading (III) Ltd.,
Cayman Islands
APP International Trading (VI) Ltd.,
Cayman Islands
39
2013
11.535
14.441
9.576
13.812
9.575
12.183
8.531
2.979
17.087
2.979
132
140
112.381
133.921
Total
(89.558)
(95.392)
22.823
38.529
(776)
22.047
(1.859)
36.670
Saldo awal
Pembukuan kembali
95.392
(5.834)
95.392
-
Beginning balance
Reversal
Saldo Akhir
89.558
95.392
Ending Balance
Dolar AS
Yen Jepang
17.817
4.230
31.860
4.810
US Dollar
Japanese Yen
Total
22.047
36.670
Total
40
2013
82.823
57.220
101.837
57.220
246
246
803
331
141.092
159.634
(2.594)
138.498
(4.743)
154.891
Receivables from APP IF represents placements of noninterest bearing funds of Tjiwi Kimia Trading (II) Ltd. and
Tjiwi Kimia Trading III (BVI) Ltd., Subsidiaries of the
Company.
41
Piutang lain-lain - pihak berelasi - tidak lancar masingmasing sebesar 5,11% dan 5,95% dari jumlah aset
konsolidasian pada tanggal 31 Desember 2014 dan
2013.
Berdasarkan
akta
pernyataan
keputusan
para
pemegang saham No.48 tanggal 17 Maret 2014 yang
dibuat dihadapan Desman, S.H., M. Hum., M.M., Notaris
di Jakarta, Perusahaan mengambil bagian atas
2.157.675 saham dalam simpanan PT OKI Pulp & Paper
Mills sebesar Rp2.157,7 triliun.
42
Perusahaan
Total
Lembar Saham
Yang Dimiliki/
Number of
Shares Held
Persentase
Kepemilikan/
Percentage of
Ownership
3.539.692
Nilai Tercatat/
Carrying Value
Investee
302.360
Nilai Tercatat/
Carrying Value
Investee
25.768
48,29%
2013
Perusahaan
Total
Lembar Saham
Yang Dimiliki/
Number of
Shares Held
Persentase
Kepemilikan/
Percentage of
Ownership
300.000
35,29%
25.768
275.750
302.360
2013
30.166
-
(288)
(690)
1.130
(3.708)
1.215.869
592.261
1.158
25.768
2013
144.717
968
2.034
Total assets
Total liabilities
Net loss
43
2013
Saldo Awal
Penambahan tahun berjalan
25.054
1.788
22.136
2.918
Beginning Balance
Additions during the year
Saldo Akhir
26.842
25.054
Ending Balance
Penambahan/
Additions
Pengurangan/
Disposals
Reklasifikasi/
Reclassification
Saldo Akhir/
Ending
Balance
Harga Perolehan
Pemilikan Langsung
Hak atas tanah
Bangunan dan prasarana
Mesin dan peralatan pabrik
Alat pengangkutan
Perabot dan peralatan kantor
35.437
185.063
2.062.505
10.985
30.486
142
16
117
1
673
12.515
28.967
146
66
35.579
197.594
2.091.589
11.132
31.225
Acquisition Costs
Direct Ownership
Land rights
Building and installation
Machinery and factory equipment
Transportation equipment
Furniture and office equipment
Sub-total
2.324.476
949
41.694
2.367.119
Sub-total
152.324
75.654
(41.694)
186.284
178
-
2.289
178
2.289
Indirect Ownership
Leased Assets
Transportation equipment
Machinery and factory equipment
2.476.978
78.892
2.555.870
Akumulasi Penyusutan
Pemilikan Langsung
Bangunan dan prasarana
Mesin dan peralatan pabrik
Alat pengangkutan
Perabot dan peralatan kantor
124.794
1.166.901
10.034
22.904
6.790
80.279
283
833
131.584
1.247.180
10.317
23.737
Accumulated Depreciation
Direct Ownership
Building and installation
Machinery and factory equipment
Transportation equipment
Furniture and office equipment
Sub-total
1.324.633
88.185
1.412.818
Sub-total
69
69
Indirect Ownership
Leased Assets
Transportation equipment
Machinery and factory equipment
1.412.956
1.142.914
33
-
36
69
1.324.666
88.290
1.152.312
44
Penambahan/
Additions
Pengurangan/
Disposals
Reklasifikasi/
Reclassification
Saldo Akhir/
Ending
Balance
Harga Perolehan
Pemilikan Langsung
Hak atas tanah
Bangunan dan prasarana
Mesin dan peralatan pabrik
Alat pengangkutan
Perabot dan peralatan kantor
34.038
183.846
2.022.995
11.115
29.441
1.399
42
991
4
879
232
-
1.175
38.519
98
166
35.437
185.063
2.062.505
10.985
30.486
Sub-total
2.281.435
3.315
232
39.958
2.324.476
Sub-total
152.324
134.969
(39.958)
178
178
Indirect Ownership
Leased Assets
Transportation equipment
2.416.404
60.806
232
2.476.978
57.313
Acquisition Costs
Direct Ownership
Land rights
Building and installation
Machinery and factory equipment
Transportation equipment
Furniture and office equipment
Akumulasi Penyusutan
Pemilikan Langsung
Bangunan dan prasarana
Mesin dan peralatan pabrik
Alat pengangkutan
Perabot dan peralatan kantor
117.879
1.087.178
9.930
21.871
6.915
79.723
336
1.033
232
-
124.794
1.166.901
10.034
22.904
Sub-total
1.236.858
88.007
232
1.324.633
Sub-total
33
33
Indirect Ownership
Leased Assets
Transportation equipment
1.236.858
88.040
232
1.324.666
1.179.546
1.152.312
2013
Beban pabrikasi
Beban umum dan administrasi
(Catatan 34b)
Beban penjualan (Catatan 34a)
Hutan Tanaman Industri Dalam Pengembangan (Catatan 15b)
87.341
86.998
911
20
1.009
15
18
18
Manufacturing overhead
General and administrative
(Note 34b)
Selling expenses (Note 34a)
Industrial Timber Estate Under Development (Note 15b)
Total
88.290
88.040
Total
2013
Nilai buku
Harga perolehan
Akumulasi penyusutan
232
232
Book value
Cost
Accumulated depreciation
36
36
45
Bangunan/
Buildings
Mesin/
Machinery
Total
0% - 50%
51% - 65%
66% - 80%
81% -100%
701
15.430
5.826
951
107.308
54.676
788
604
108.009
70.106
6.614
1.555
Total
22.908
163.376
186.284
Desember/December 2017
Desember/December 2016
Juli/July 2016
Desember/December 2015
Percentage of
Completion
0% - 50%
51% - 65%
66% - 80%
81% -100%
Total
2013
Persentase
Penyelesaian
0% - 50%
51% - 65%
66% - 80%
81% -100%
Total
Bangunan/
Buildings
Mesin/
Machinery
Total
6.808
1.493
8.257
927
119.747
1.517
12.129
1.446
126.555
3.010
20.386
2.373
17.485
134.839
152.324
Desember/December 2016
Desember/December 2015
Juli/July 2015
Desember/December 2014
Percentage of
Completion
0% - 50%
51% - 65%
66% - 80%
81% -100%
Total
46
17. GOODWILL
17. GOODWILL
Berdasarkan
evaluasi
manajemen,
manajemen
berkeyakinan bahwa tidak terdapat penurunan nilai
goodwill.
2013
161.549
61.655
180.000
16.636
41.445
28.248
24.744
16.506
15.784
12.058
4.510
2.857
29.518
34.675
23.707
14.092
12.306
23.616
2.500
-
2.500
2.000
371.856
339.050
Total
Dolar AS
Rupiah Indonesia
Euro Eropa
Yen Jepang
Franc Swiss
Dolar Singapura
Poundsterling Inggris
327.066
42.911
1.251
529
71
28
-
299.745
38.495
391
224
44
151
US Dollar
Indonesian Rupiah
European Euro
Japanese Yen
Swiss Franc
Singaporean Dollar
British Poundsterling
Total
371.856
339.050
Total
47
48
49
50
Fasilitas Maksimum
(dalam ribuan dolar AS)/
Maximum Facility
(in thousand of US Dollar)
Fasilitas
Fasilitas akseptasi
Fasilitas wesel diskonto
(tanpa letters of credit)
Fasilitas wesel diskonto
(dengan letters of credit)
65.000
50.000
30.000
Facilities
Acceptance Facility
Bills Discounted Facility
(without letters of credit base)
Bills Discounted Facility
(with letters of credit base)
51
52
2013
Pihak ketiga
Lokal
Impor
28.139
12.240
32.710
6.494
Third parties
Local
Import
40.379
39.204
383
333
233
228
181
60
14
-
284
651
2.863
296
18
1.554
Related parties
Local
PT Asia Trade Logistics
PT Voith Paper Rolls Indonesia
PT Rolimex Kimia Nusantara
PT Golden Energy Mines Tbk
PT Roundhill Capital Indonesia
PT Intercipta Kimia Pratama
PT Sindopex Perotama
PT Ekamas Fortuna
45
35
1.477
5.701
Total local
145
173
150
179
1.627
5.880
42.006
45.084
Total
Pihak berelasi
Lokal
PT Asia Trade Logistics
PT Voith Paper Rolls Indonesia
PT Rolimex Kimia Nusantara
PT Golden Energy Mines Tbk
PT Roundhill Capital Indonesia
PT Intercipta Kimia Pratama
PT Sindopex Perotama
PT Ekamas Fortuna
Lain-lain (masing-masing
dibawah USD1 juta)
Total lokal
Impor
Gold Hua Sheng Paper Co, Ltd.
Lain-lain (masing-masing
dibawah USD100 ribu)
Total impor
Total utang usaha - pihak berelasi
Total
Import
Gold Hua Sheng Paper Co, Ltd.
Others (each below
USD100 thousand)
Total import
53
2013
Dolar AS
Rupiah Indonesia
Euro Eropa
Dolar Singapura
Yen Jepang
Lain-lain (masing-masing
dibawah USD100 ribu)
27.810
11.868
1.879
278
156
25.945
16.629
2.014
360
74
15
62
US Dollar
Indonesian Rupiah
European Euro
Singaporean Dollar
Japanese Yen
Others (each below
USD 100 thousand)
Total
42.006
45.084
Total
2013
Beban restrukturisasi
Listrik, air dan gas
Bunga
Komisi
Ongkos angkut
Jamsostek
Lain-lain (masing-masing dibawah
USD100 ribu)
11.331
4.465
3.364
2.629
2.287
168
60.474
2.757
3.800
667
1.570
164
394
86
24.638
69.518
(11.331)
(60.474)
13.307
9.044
Restructuring fee
Electricity, water and gas
Interest
Commissions
Freight
Workers social security
Others (each below
USD100 thousand)
Net at nominal value
Net adjustment on the adoption of
PSAK 55 (Revised 2011)
Net at Amortized Cost
54
2013
1.455
102
(651)
(47)
804
55
Lease liabilities
Current maturities
Long-term Portions
692
622
201
(60)
Neto
Bagian yang jatuh tempo dalam
waktu satu tahun
1.455
Net
(651)
Current maturities
804
Long-term portion
2013
48.174
41.998
45.000
-
35.113
47.038
25.238
26.500
4.134
4.922
1.324
2.459
155.981
125.919
Third Parties
PT Bank Rakyat Indonesia
(Persero) Tbk
The Export-Import Bank of China
PT Bank Negara Indonesia
(Persero) Tbk
Indonesia Eximbank (Lembaga
Pembiayaan Ekspor Indonesia)
PT Bank Rakyat Indonesia
Agroniaga Tbk
PT Bank MNC Internasional Tbk
(Formerly PT Bank ICB
Bumiputera Tbk)
Total long term bank loans third parties
55
2014
Pihak Berelasi
PT Bank Sinarmas Tbk
2013
32
65
Related Party
PT Bank Sinarmas Tbk
Sub-total
Bagian yang jatuh tempo
dalam waktu satu tahun
Pihak ketiga
Pihak berelasi
156.013
125.984
Sub-total
(24.863)
(32)
(15.025)
(32)
131.118
110.927
Current maturities
Third parties
Related party
Long-term portions
Dolar AS
Rupiah Indonesia
148.673
7.340
73.959
52.025
US Dollar
Indonesian Rupiah
Total
156.013
125.984
Total
56
57
Rupiah Indonesia
Dolar AS
2014
(%)
2013
(%)
5,00 - 12,00
4,13 - 7,00
5,00 - 11,00
5,00 - 7,00
Indonesian Rupiah
US Dollar
58
2013
66.625
104.541
1.812
83.687
103.358
Participants in MRA
Tranche A
Tranche B
Tranche C
Sub-total
171.166
188.857
Sub-total
13.179
13.179
Non-Participants in MRA
184.345
202.036
6.504
15.761
190.849
217.797
(8.575)
182.274
(11.458)
Current maturities
206.339
Long-term Portion
Participants in MRA
USD
Rp
Fasilitas
Tranche A
Tranche B
Tranche C
3.285.084
8.455.374
10.443.049
8.195.235
21.093.457
26.052.073
1.353.491.844
3.483.709.801
4.302.654.765
61.187.766.859
157.489.255.734
194.511.579.727
Facilities
Tranche A
Tranche B
Tranche C
22.183.507
55.340.765
9.139.856.410
413.188.602.320
Total at Nominal
Rincian
utang
jangka
panjang
pada
tanggal
31 Desember 2014 dan 2013 adalah sebagai berikut:
USD
Rp
Fasilitas
Tranche A
Tranche B
Tranche C
7.415.381
11.617.039
18.499.010
29.191.609
3.055.221.507
4.760.748.172
138.118.441.181
217.952.170.200
Facilities
Tranche A
Tranche B
Tranche C
19.032.420
47.690.619
7.815.969.679
356.070.611.381
Total at Nominal
USD
Rp
Fasilitas
Tranche A
Tranche B
Tranche C
183.399
8.455.374
10.443.049
456.660
21.093.457
26.052.073
75.420.437
3.483.709.801
4.302.654.765
3.409.605.349
157.489.255.734
194.511.579.727
Facilities
Tranche A
Tranche B
Tranche C
19.081.822
47.602.190
7.861.785.003
355.410.440.810
Total at Nominal
59
from the date three (3) years to the date five (5) years
after the effective date:
o three-month SIBOR (for US dollars), EURIBOR
(for Euro) and TIBOR (for Japanese yen), for each
case where in each case plus 2% per annum
(uncapped); and
Non-Participants in MRA
2014
2013
Wesel Bayar
Pihak yang Berpartisipasi dalam MRA:
Guaranteed Secured Global Notes
Secured Company Global Notes
799.528
688.000
115.428
Notes Payable
Participants in MRA:
Guaranteed Secured Global Notes
Secured Company Global Notes
Sub-total
799.528
803.428
Sub-total
38.450
38.450
Non-Participants in MRA
837.978
841.878
27.808
67.090
61
865.786
2013
908.968
(39.491)
(47.900)
826.295
861.068
Participants in MRA
Wesel Tranche A
Tranche A Notes
62
Wesel Tranche B
Tranche B Notes
Wesel Tranche C
Tranche C Notes
Non-Participant in MRA
Discount rate
64
Kategori pensiun
dipercepat
Tingkat mortalitas
55 Tahun / 55 years
Accelerated retirement
category
Mortality rate
Normal retirement age
2013
42.653
Disability rate
37.532
1.770
(739)
4.533
(828)
(535)
(599)
43.149
40.638
2013
40.638
7.472
(4.142)
(819)
47.451
6.292
(3.298)
(9.807)
43.149
40.638
Beginning balance
Employee benefits expense
Actual benefits payments
Foreign exchange adjustment
Ending Balance
2013
3.948
3.236
164
72
3.556
2.474
136
73
52
53
Current-service cost
Interest cost
Net actuarial losses recognized
Past-service cost
Amortization of past-service cost plan amendment
7.472
6.292
65
Tanggal
Nilai kini
kewajiban/
Present value
of obligation
31 Desember 2014
31 Desember 2013
31 Desember 2012
31 Desember 2011
31 Desember 2010
Penyesuaian/
Experience
adjustments
(42.653)
(37.532)
(51.467)
(48.269)
(37.470)
Date
(490)
(3.478)
2.054
(484)
(505)
Pemegang Saham
Jumlah Saham
Ditempatkan dan
Disetor Penuh
(dalam satuan
penuh)/
Number of Shares
Issued and
Fully Paid
(in full amount)
Persentase
Kepemilikan/
Percentage of
Ownership
(%)
Jumlah/
Amount
(USD)
Shareholders
PT Purinusa Ekapersada
Masyarakat (masingmasing dibawah 5%)
1.592.352.846
60
388.449
PT Purinusa Ekapersada
1.079.051.634
40
263.230
Total
2.671.404.480
100
651.679
Total
2013
Pemegang Saham
PT Purinusa Ekapersada
Masyarakat (masingmasing dibawah 5%)
Total
Jumlah Saham
Ditempatkan dan
Disetor Penuh
(dalam satuan
penuh)/
Number of Shares
Issued and
Fully Paid
(in full amount)
Persentase
Kepemilikan/
Percentage of
Ownership
(%)
Jumlah/
Amount
(USD)
Shareholders
796.176.423
60
320.192
PT Purinusa Ekapersada
539.525.817
40
216.977
1.335.702.240
100
537.169
Total
66
Produk kertas
Produk pengemas dan lainnya
1.123.771
70.984
1.141.548
80.808
Paper products
Packaging products and others
1.194.755
1.222.356
Rincian penjualan
sebagai berikut:
berdasarkan
pelanggan
adalah
2014
Pihak ketiga
(masing-masing dibawah 10% dari
penjualan neto)
759.788
791.550
Third parties
(each below 10% of
net sales)
68
2013
Related parties (Note 40a)
Local:
PT Cakrawala Mega Indah
423.376
422.203
2.550
4.598
9.041
4.005
11.591
8.603
434.967
430.806
1.194.755
1.222.356
Export:
APP Branches
Others (each below 10% of
net sales)
Sub-total
2013
Bahan baku
Saldo awal tahun
Pembelian
63.590
495.019
65.283
557.462
558.609
(56.535)
622.745
(63.590)
502.074
33.283
475.881
559.155
34.833
509.037
1.011.238
1.103.025
1.030.778
1.056.144
63.296
(43.756)
180.388
(155.022)
47.383
(63.296)
1.087.112
166.083
(180.388)
1.072.807
Raw materials
At beginning of year
Purchases
Raw materials available for
manufacturing
Raw materials at end of year
69
2013
Suppliers
Pemasok
Pihak ketiga
(masing-masing dibawah
10% dari penjualan neto)
262.250
Third parties
(each below 10% of
net sales)
240.302
192.297
124.315
92.498
198.823
147.681
126.618
131.054
87.526
Sub-total
540.164
560.648
Sub-total
Total pembelian
Pembelian bahan pembantu
dan suku cadang
802.414
800.950
(307.395)
(243.488)
Total purchases
Purchase of indirect material
and spare parts
495.019
557.462
192.297
124.315
92.498
198.823
147.681
126.618
Total
409.110
473.122
Total
a. Beban Penjualan
a. Selling Expenses
2014
2013
Ongkos angkut
Komisi
Gaji dan upah
Administrasi bank
Beban kantor (Catatan 40d)
Perjalanan dinas
Penyusutan (Catatan 16)
Lain-lain
46.854
13.246
3.735
1.941
1.807
860
20
7.460
38.930
14.600
3.777
1.920
1.585
1.475
15
7.007
Freight
Commission
Salaries and wages
Bank charges
Office expenses (Note 40d)
Traveling
Depreciation (Note 16)
Others
Total
75.923
69.309
Total
70
2013
15.674
14.422
2.176
1.761
1.691
911
391
3.740
20.501
15.404
1.498
1.904
1.057
1.009
734
6.934
Management and
professional fees (Note 40c)
Salaries and wages
Insurance
Office expenses (Note 40d)
Repairs and maintenance
Depreciation (Note 16)
Traveling
Others
Total
40.766
49.041
Total
Interest expense derived from interest incurred on shortterm and long-term bank loans, notes payable and lease
liability.
2013
44.137
40.403
954
8.680
45.091
49.083
36. PERPAJAKAN
36. TAXATION
a. Prepaid Taxes
2014
2013
19.738
21.850
17.965
20.095
Value-Added Tax
Income taxes
Total
41.588
38.060
Total
b. Utang Pajak
b. Taxes Payable
2014
2013
Pajak penghasilan
Pasal 21
Pasal 22
Pasal 23/26
Pasal 25
Pajak keluaran
269
26
798
1.099
32
244
15
530
1.122
-
Income taxes
Article 21
Article 22
Article 23/26
Article 25
VAT out
Total
2.224
1.911
Total
71
2013
(3)
Current
Company
Subsidiaries
Tangguhan
Perusahaan
Entitas Anak
8.964
431
11.583
602
Deferred Taxes
Company
Subsidiaries
9.392
12.185
923.758.900
(1.489.430.924)
(113.581.420)
40.738.320
(25.424.882)
44.889.526
35.315.062
122.626.006
(65.938.286)
(873.206)
(5.351.358)
(75.230.226)
(53.709.837)
(832.810)
(448.028)
(14.297.666)
678.097.842
(1.355.888.671)
(207.827.350)
(885.618.179)
(1.355.888.671)
(1.355.888.671)
d. Deferred Taxes
Movements of deferred tax assets (liabilities) net and the related tax benefit (expense) as of
December 31, 2014 and 2013 were as follow:
Dikreditkan
(Dibebankan) ke
Laporan Laba Rugi
Komprehensif
Konsolidasian/
Credited
(Charged) to
Consolidated
Statement of
Comprehensive
Income
31 Desember/
December 31,
2013
Perusahaan
Aset pajak tangguhan
Akumulasi rugi fiskal
Revaluasi aset tetap setelah
dikurangi penyusutan
Imbalan kerja
Laba (rugi) bersih belum direalisasi
atas perubahan nilai wajar
aset dan liabilitas keuangan
Penyisihan kompensasi atas
rugi fiskal
31 Desember/
December 31,
2014
(22.248)
22.248
Company
Deferred tax assets
Accumulated fiscal loss
Revaluation of fixed assets net of depreciation
Employee benefits
Net unrealized gain (loss)
on fair value changes of
financial assets and liabilities
Valuation allowance of
fiscal loss
Total
15.814
13.928
29.742
Total
54.261
4.964
59.225
(38.447)
8.964
(29.483)
22.248
(8.010)
14.238
1.941
8.078
(277)
492
1.664
8.570
5.795
(525)
5.270
Entitas anak
Aset Pajak Tangguhan - Neto
Subsidiary
1.646
431
Dikreditkan
(Dibebankan) ke
Laporan Laba Rugi
Komprehensif
Konsolidasian/
Credited
(Charged) to
Consolidated
Statement of
Comprehensive
Income
31 Desember/
December 31,
2012
Perusahaan
Aset pajak tangguhan
Akumulasi rugi fiskal
Revaluasi aset tetap setelah
dikurangi penyusutan
2.796
22.248
(855)
2.077
31 Desember/
December 31,
2013
22.248
1.941
Company
Deferred tax assets
Accumulated fiscal loss
Revaluation of fixed assets net of depreciation
73
31 Desember/
December 31,
2012
Imbalan kerja
Laba (rugi) bersih belum direalisasi
atas perubahan nilai wajar
aset dan liabilitas keuangan
Penyisihan kompensasi atas
rugi fiskal
Total
Liabilitas pajak tangguhan
Aset tetap
Liabilitas Pajak Tangguhan - Neto
31 Desember/
December 31,
2013
(1.373)
8.078
4.769
1.026
5.795
(22.248)
(22.248)
17.016
(1.202)
15.814
Total
Deferred tax liabilities
Fixed assets
67.046
(12.785)
54.261
(50.030)
11.583
(38.447)
Entitas anak
Aset Pajak Tangguhan - Neto
Employee benefits
Net unrealized gain (loss)
on fair value changes of
financial assets and liabilities
Valuation allowance of
fiscal loss
9.451
1.044
602
1.646
e. Tax Assessment
74
f. Peraturan Pemerintah
f. Government Regulation
g. Administrasi
g. Administration
Under the taxation laws of Indonesia, the Company
and certain domestic Subsidiaries submit their tax
returns on the basis of self - assessment. The
Company and certain domestic Subsidiaries calculate
and submit their annual tax calculation and returns,
consolidated tax returns being prohibited under the
taxation laws of Indonesia. The Directorate General
of Taxation may assess or amend taxes within five (5)
years from the date the tax became due.
Laba neto
yang dapat
diatribusikan
kepada pemilik
entitas induk /
Net Income
attributable to
the owners
of the parent
(USD)
Rata-rata
Tertimbang
Saham Biasa /
Weighted
Average
Number of
Outstanding
Ordinary Shares
Laba per
saham dasar
yang dapat
diatribusikan
kepada pemilik
entitas induk /
Basic earnings per
share attributable
to the owners
of the parent
(USD)
2014
20.474
2.043.840.860
0,0100
2014
2013
27.010
1.507.393.813
0,0179
2013
75
Laba neto
yang dapat
diatribusikan
kepada pemilik
entitas induk /
Net Income
attributable to
the owners
of the parent
(USD)
Laba per
saham dilusian
yang dapat
diatribusikan
kepada pemilik
entitas induk /
Diluted earnings per
share attributable
to the owners
of the parent
(USD)
Rata-rata
Tertimbang
Saham Biasa /
Weighted
Average
Number of
Outstanding
Ordinary Shares
2014
20.474
2.067.731.297
0,0099
2014
2013
27.010
1.507.393.813
0,0179
2013
2014
Jumlah rata-rata tertimbang saham
yang digunakan sebagai penyebut dalam
perhitungan laba per saham dasar
Penyesuaian untuk perhitungan laba
per saham dilusian:
Waran
Jumlah rata-rata tertimbang saham
yang digunakan sebagai penyebut dalam
perhitungan laba per saham dilusian
2013
2.043.840.860
1.507.393.813
23.890.437
1.507.393.813
2.067.731.297
2014
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
ASET
Kas dan setara kas
dan aset lancar lainnya
Yuan Cina
Rupiah Indonesia
CNY
Rp
672.602
580.120.626
109.923
46.633
ASSETS
Cash and cash equivalents
and other current assets
Chinese Yuan
Indonesian Rupiah
76
Euro Eropa
Yen Jepang
Dolar Hongkong
Dolar Singapura
EUR
JPY
HKD
SGD
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
1.074
62.318
417
69
1.306
522
54
52
European Euro
Japanese Yen
Hongkong Dollar
Singaporean Dollar
Rp
195.126.537
15.686
Rp
CNY
EUR
JPY
GBP
DKK
AED
NZD
AUD
SGD
SAR
HKD
981.119.888
50.365
4.249
582.626
839
7.464
1.227
399
296
188
433
390
78.870
8.231
5.169
4.882
1.306
1.219
334
313
243
143
115
50
Rp
JPY
MYR
8.866.934
2.304
7
713
19
2
JPY
504.722
4.230
Uang Jaminan
Rupiah Indonesia
Rp
14.030.458
1.128
Refundable deposits
Indonesian Rupiah
281.143
Total Assets
Total Aset
LIABILITAS
Pinjaman bank jangka pendek dan
liabilitas jangka panjang
Rupiah Indonesia
Yen Jepang
Euro Eropa
Franc Swiss
Dolar Singapura
Rp
JPY
EUR
CHF
SGD
995.782.379
8.155.719
50.637
70
36
80.045
68.346
61.598
71
28
LIABILITIES
Short-term bank loans and
long-term liabilities
Indonesian Rupiah
Japanese Yen
European Euro
Swiss Franc
Singaporean Dollar
Utang murabahah
Rupiah Indonesia
Rp
300.000.000
24.116
Murabahah payable
Indonesian Rupiah
77
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
Utang usaha dan
utang lain-lain
Rupiah Indonesia
Euro Eropa
Yen Jepang
Dolar Singapura
Poundsterling Inggris
Yuan Cina
Dolar Australia
Krone Swedia
Dolar Hongkong
13.838
1.886
308
293
48
5
3
3
1
Trade payables
and other payables
Indonesian Rupiah
European Euro
Japanese Yen
Singaporean Dollar
British Poundsterling
Chinese Yuan
Australian Dollar
Swedish Krone
Hongkong Dollar
49.146
2.733
141
14
5
1
Total Liabilitas
302.633
Total Liabilities
Liabilitas Neto
(21.490)
Net Liabilities
Rp
EUR
JPY
SGD
GBP
CNY
AUD
SEK
HKD
Rp
Rp
JPY
EUR
GBP
HKD
SGD
172.133.093
1.551
36.764
387
31
32
3
23
9
46.154
611.377.052
326.101
116
9
43
1
2013
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
ASET
Kas dan setara kas
dan aset lancar lainnya
Yuan Cina
Rupiah Indonesia
Dolar Hongkong
Euro Eropa
Yen Jepang
Dolar Singapura
CNY
Rp
HKD
EUR
JPY
SGD
1.111.659
209.653.675
12.109
911
126.596
257
182.334
17.200
1.561
1.257
1.207
203
ASSETS
Cash and cash equivalents
and other current assets
Chinese Yuan
Indonesian Rupiah
Hongkong Dollar
European Euro
Japanese Yen
Singaporean Dollar
78
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
Rp
181.930.513
14.926
Rp
JPY
CNY
EUR
HKD
GBP
SGD
AED
AUD
SAR
NZD
697.422.399
997.143
50.729
4.095
9.846
701
534
1.514
139
191
4
57.224
9.503
8.321
5.651
1.270
1.155
422
412
124
51
3
Rp
MYR
4.512.632
7
370
2
JPY
504.722
4.810
Rp
10.000.000
820
Long-term investment
Indonesian Rupiah
Uang Jaminan
Rupiah Indonesia
Rp
14.030.458
1.151
Refundable deposits
Indonesian Rupiah
309.977
Total Assets
81.122
75.209
71.781
151
44
LIABILITIES
Short-term bank loans and
long-term liabilities
Japanese Yen
Indonesian Rupiah
European Euro
British Poundsterling
Singaporean Dollar
35.277
Total Aset
LIABILITAS
Pinjaman bank jangka pendek dan
liabilitas jangka panjang
Yen Jepang
Rupiah Indonesia
Euro Eropa
Poundsterling Inggris
Dolar Singapura
Utang murabahah dan
pembiayaan musyarakah
Rupiah Indonesia
JPY
Rp
EUR
GBP
SGD
Rp
8.511.778
916.730.080
52.014
91
56
430.000.000
79
Mata Uang
(dalam ribuan)/
Currency
(in thousands )
Utang usaha dan
utang lain-lain
Rupiah Indonesia
Euro Eropa
Dolar Singapura
Yen Jepang
Poundsterling Inggris
Dolar Australia
Yuan Cina
Dolar Hongkong
Krone Swedia
Dirham Uni Emirat Arab
Rp
EUR
SGD
JPY
GBP
AUD
CNY
HKD
SEK
AED
Rp
236.205.744
1.490
458
13.071
72
8
32
25
22
4
19.379
2.057
361
124
120
7
5
3
3
1
Trade payables
and other payables
Indonesian Rupiah
European Euro
Singaporean Dollar
Japanese Yen
British Poundsterling
Australian Dollar
Chinese Yuan
Hongkong Dollar
Swedish Krone
Arab Emirates Dirhams
52.590
44.989
792
166
17
12
4
Total Liabilitas
331.628
Total Liabilities
Liabilitas Neto
(21.651)
Net Liabilities
Rp
JPY
EUR
HKD
GBP
SGD
548.376.707
83.147
121
133
7
5
80
Informasi Berdasarkan
Wilayah Geografis:
Ekspor
Asia
Amerika
Afrika
Timur tengah
Eropa
Lainnya
316.513
134.730
129.324
85.953
85.885
18.934
426.814
101.815
118.338
74.931
62.838
15.297
Information Based on
Geographical Area:
Export
Asia
America
Africa
Middle east
Europe
Others
771.339
423.416
800.033
422.323
1.194.755
1.222.356
1.123.771
70.984
1.141.548
80.808
1.194.755
1.222.356
993.066
63.078
1.006.652
66.155
1.056.144
1.072.807
Laba Bruto
Produk kertas
Produk pengemas dan lainnya
130.705
7.906
134.896
14.653
Gross Profit
Paper products
Packaging products and others
138.611
149.549
Beban Usaha
Produk kertas
Produk pengemas dan lainnya
109.756
6.933
110.525
7.825
Operating Expenses
Paper products
Packaging products and others
116.689
118.350
Laba Usaha
Produk kertas
Produk pengemas dan lainnya
20.949
973
24.371
6.828
21.922
31.199
97%
3%
97%
3%
Total
100%
100%
Total
81
82
f.
2013
Setara dalam
ribuan Dolar AS/
Equivalent in
thousand of
US Dollar
Dalam ribuan
Rupiah/
In thousand
Rupiah
Setara dalam
ribuan Dolar AS/
Equivalent in
thousand of
US Dollar
Dewan Komisaris
Direksi
5.609.985
11.321.467
451
910
5.486.003
10.934.046
450
897
Board of Commissioners
Board of Directors
Total
16.931.452
1.361
16.420.049
1.347
Total
83
c. Pada
tanggal 3 Desember 2004, kondisi
Pre-Effective Date terpenuhi dan selanjutnya pada
tanggal 28 April 2005, perjanjian penyelesaian
restrukturisasi utang MRA yang telah ditandatangani
sebelumnya oleh Perusahaan dengan para kreditur
menjadi efektif.
84
1.
85
86
2.
3.
43. KOMITMEN
Pada tanggal 31 Desember 2014 dan 2013, Perusahaan
dan Entitas Anak mempunyai komitmen-komitmen
sebagai berikut:
43. COMMITMENTS
As of December 31, 2014 and 2013, the Company
and its Subsidiaries have the following commitments:
87
1.
2.
Akun
Aset Keuangan
Nilai wajar melalui laporan laba rugi
(FVTPL)
Investasi pada reksadana
Pinjaman yang diberikan
dan piutang
Kas dan setara kas
Piutang usaha - setelah dikurangi
penyisihan atas penurunan nilai
Piutang lain-lain - pihak ketiga
Aset lancar lainnya
Piutang usaha - pihak berelasi tidak lancar - setelah dikurangi
penyisihan atas penurunan nilai
Piutang lain-lain - pihak berelasi tidak lancar
Total Aset Keuangan
2014
Nilai Tercatat/
Carrying Amounts
Nilai Wajar/
Fair Values
Accounts
Financial Assets
Fair value through profit or loss
(FVTPL)
Investment in mutual fund
15.686
15.686
142.360
142.360
129.755
584
171.592
129.755
584
171.592
22.047
22.047
138.498
138.498
620.522
620.522
88
Akun
Liabilitas Keuangan
Liabilitas dicatat pada
biaya perolehan diamortisasi
Utang murabahah
Pinjaman bank jangka pendek
Utang usaha
Utang lain-lain - pihak ketiga
Beban masih harus dibayar
Utang lain-lain - pihak berelasi jangka panjang
Liabilitas jangka panjang:
Liabilitas sewa pembiayaan
Pinjaman bank
Pinjaman
Wesel bayar
Total Liabilitas Keuangan
Akun
Aset Keuangan
Nilai wajar melalui laporan laba rugi
(FVTPL)
Investasi pada reksadana
Pinjaman yang diberikan
dan piutang
Kas dan setara kas
Piutang usaha - setelah dikurangi
penyisihan atas penurunan nilai
Piutang lain-lain - pihak ketiga
Aset lancar lainnya
Piutang usaha - pihak berelasi tidak lancar - setelah dikurangi
penyisihan atas penurunan nilai
Piutang lain-lain - pihak berelasi tidak lancar
Dimiliki hingga jatuh tempo
Investasi jangka panjang
Total Aset Keuangan
Liabilitas Keuangan
Liabilitas dicatat pada
biaya perolehan diamortisasi
Pembiayaan musyarakah
Utang murabahah
Pinjaman bank jangka pendek
2014
Nilai Tercatat/
Carrying Amounts
Nilai Wajar/
Fair Values
Accounts
Financial Liabilities
24.116
371.856
42.006
5.430
13.307
24.116
371.856
42.006
5.430
13.307
4.655
4.655
1.455
156.013
190.849
865.786
1.455
156.013
190.849
865.786
1.675.473
1.675.473
2013
Nilai Tercatat/
Carrying Amounts
Nilai Wajar/
Fair Values
Accounts
Financial Assets
Fair value through profit or loss
(FVTPL)
Investment in mutual fund
14.926
14.926
115.322
115.322
107.621
7.672
245.721
107.621
7.672
245.721
36.670
36.670
154.891
154.891
820
820
Held-to-maturity
Long-term investment
683.643
683.643
10.665
24.612
339.050
10.665
24.612
339.050
89
Akun
2013
Nilai Tercatat/
Carrying Amounts
Utang usaha
Utang lain-lain - pihak ketiga
Beban masih harus dibayar
Utang lain-lain - pihak berelasi jangka panjang
Liabilitas jangka panjang:
Liabilitas sewa pembiayaan
Pinjaman bank
Pinjaman
Wesel bayar
Total Liabilitas Keuangan
Nilai Wajar/
Fair Values
45.084
10.212
9.044
45.084
10.212
9.044
9.112
9.112
102
125.984
217.797
908.968
102
125.984
217.797
908.968
1.700.630
1.700.630
Accounts
Trade payables
Other payables - third parties
Accrued expenses
Non current - other payables related parties
Long-term liabilities:
Lease liabilities
Bank loan
Loans
Notes payable
Total Financial Liabilities
Berdasarkan
PSAK
60,
Instrumen
Keuangan:
Pengungkapan, terdapat tingkatan hirarki nilai wajar
sebagai berikut:
remaining
with
Long-term
liability.
fixed-rate
and
variable-rate
financial
90
22.823
141.092
(24.638)
(34.753)
(184.345)
(837.978)
Penyesuaian
neto/
Net adjustment
(776)
(2.594)
11.331
5.270
(6.504)
(27.808)
Setelah
penyesuaian/
As Adjusted
22.047
138.498
(13.307)
(29.483)
(190.849)
(865.786)
(44.137)
22.833
(954)
350
(45.091)
23.183
9.917
3.232
(525)
3.232
9.392
CONSOLIDATED
STATEMENT OF FINANCIAL
POSITION (BALANCE SHEET)
Non-current trade receivables related parties - net of allowance
for impairment
Non current other
receivables - related parties
Accrued expenses
Deferred tax liabilities - net
Long-term liabilities
Notes payable
CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
Interest expense
Gain on foreign exchange - net
Unrealized gain on fair value
changes of non-current
trade receivables
Deferred tax benefit
91
Saldo sebelum
penyesuaian/
Balance before
adjustment
LAPORAN POSISI KEUANGAN
(NERACA) KONSOLIDASIAN
Piutang usaha - pihak berelasi tidak lancar - setelah dikurangi
penyisihan atas penurunan nilai
Piutang lain-lain - pihak berelasi tidak lancar
Beban masih harus dibayar
Liabilitas pajak tangguhan - neto
Pinjaman jangka panjang
Wesel bayar
LAPORAN LABA RUGI
KOMPREHENSIF KONSOLIDASIAN
Beban bunga
Laba selisih kurs - neto
Laba belum direalisasi atas
perubahan nilai wajar piutang
usaha tidak lancar
Manfaat pajak tangguhan
Penyesuaian
neto/
Net adjustment
Setelah
penyesuaian/
As Adjusted
38.529
(1.859)
36.670
159.634
(69.518)
(44.242)
(202.036)
(841.878)
(4.743)
60.474
5.795
(15.761)
(67.090)
154.891
(9.044)
(38.447)
(217.797)
(908.968)
(40.403)
20.907
(8.680)
296
(49.083)
21.203
11.159
3.251
1.026
3.251
12.185
CONSOLIDATED
STATEMENT OF FINANCIAL
POSITION (BALANCE SHEET)
Non-current trade receivables related parties - net of allowance
for impairment
Non current other
receivables - related parties
Accrued expenses
Deferred tax liabilities - net
Long-term liabilities
Notes payable
CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
Interest expense
Gain on foreign exchange - net
Unrealized gain on fair value
changes of non-current
trade receivables
Deferred tax benefit
92
c. Risiko kredit
c. Credit risk
2013
142.322
129.755
584
171.592
15.686
115.212
107.621
7.672
245.721
14.926
22.823
38.529
141.092
-
159.634
820
623.854
690.135
Total
93
Belum
Jatuh Tempo
ataupun
mengalami
Penurunan Nilai/
Neither Past
Due or Impaired
142.322
107.576
584
171.592
15.686
10.117
-
8
-
12.054
-
142.322
129.755
584
171.592
15.686
22.823
22.823
141.092
141.092
Total
601.675
10.117
12.054
623.854
Total
2013
Belum
Jatuh Tempo
ataupun
mengalami
Penurunan Nilai/
Neither Past
Due or Impaired
115.212
78.944
7.672
245.721
14.926
11.221
-
190
-
17.266
-
115.212
107.621
7.672
245.721
14.926
38.529
38.529
159.634
820
159.634
820
Total
661.458
11.221
190
17.266
690.135
Total
94
d. Risiko likuiditas
d. Liquidity risk
Sampai dengan
1 tahun/
Within 1 year
2014
Nilai arus kas kontraktual /
Contractual cash flows amounts
Lebih dari
1 tahun sampai
5 tahun/
Lebih dari
After 1 year but
5 tahun/
not more than
More than
5 years
5 years
Total/
Total
371.856
24.116
42.006
5.430
23.912
4.655
651
24.895
726
804
131.118
371.856
24.116
42.006
5.430
24.638
4.655
1.455
156.013
8.575
52.171
123.599
184.345
39.491
240.361
558.126
837.978
Total
545.587
425.180
681.725
1.652.492
Total
Sampai dengan
1 tahun/
Within 1 year
Pinjaman bank jangka pendek
Utang murabahah
Pembiayaan musyarakah
Utang usaha
Utang lain-lain - pihak ketiga
Beban masih harus dibayar
339.050
24.612
10.665
45.084
10.212
14.698
2013
Nilai arus kas kontraktual /
Contractual cash flows amounts
Lebih dari
1 tahun sampai
5 tahun/
Lebih dari
After 1 year but
5 tahun/
not more than
More than
5 years
5 years
54.820
Total/
Total
-
339.050
24.612
10.665
45.084
10.212
69.518
95
Sampai dengan
1 tahun/
Within 1 year
2013
Nilai arus kas kontraktual /
Contractual cash flows amounts
Lebih dari
1 tahun sampai
5 tahun/
Lebih dari
After 1 year but
5 tahun/
not more than
More than
5 years
5 years
Total/
Total
9.112
47
15.057
55
110.458
469
9.112
102
125.984
11.458
59.237
131.341
202.036
47.900
247.717
546.261
841.878
527.895
472.287
678.071
1.678.253
Total
Pengelolaan Permodalan
Capital Management
2014
Pinjaman berbunga
Ekuitas
2013
1.417.248
931.307
1.575.087
798.265
1,5
2,0
96
i.
i.
2013
2.289
178
41.694
39.958
97
Beberapa
angka
perbandingan
dalam
laporan
keuangan konsolidasian tanggal 31 Desember 2013 dan
untuk tahun yang berakhir pada tanggal tersebut
telah direklasifikasi agar sesuai dengan penyajian
laporan
keuangan
konsolidasian
tahun
2014.
Reklasifikasi tersebut adalah sebagai berikut:
349.715
-
(10.665)
10.665
339.050
10.665
39.802
5.282
(598)
598
39.204
5.880
150.531
-
(24.612)
24.612
125.919
24.612
(13.444)
13.444
324.188
13.444
41.377
10.671
(371)
371
41.006
11.042
99