2010
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Visi DAN Misi AstrA OtOpArts ASTRA OTOpARTS ViSiOn And MiSSiOn sekilAs AstrA OtOpArts ASTRA OTOpARTS AT A glAnce theMe: ReAching A new heighT: Mind And peRSeVeRAnce ikhtisAr keuANgAN FinAnciAl highlighTS ikhtisAr sAhAM STOck highlighTS jejAk lANgkAh 2010 2010 MileSTOneS peNghArgAAN 2010 2010 AwARdS lApOrAN DewAN kOMisAris BOARd OF cOMMiSSiOneRS RepORT prOfil DewAN kOMisAris BOARd OF cOMMiSSiOneRS pROFile lApOrAN Direksi BOARd OF diRecTORS RepORT
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prOfil Direksi BOARd OF diRecTORS pROFile ANAlisis & peMbAhAsAN MANAjeMeN MAnAgeMenT diScuSSiOn And AnAlySiS tiNjAuAN OperAsi/OpeRATiOnAl ReView tiNjAuAN keuANgAN/FinAnciAl ReView tAtA kelOlA perusAhAAN gOOd cORpORATe gOVeRnAnce peMbANguNAN suMber DAyA MANusiA huMAn ReSOuRceS deVelOpMenT liNgkuNgAN, keselAMAtAN, DAN kesehAtAN kerjA (lk3) enViROnMenT, heAlTh & SAFeTy (ehS) tANgguNg jAwAb sOsiAl perusAhAAN cORpORATe SOciAl ReSpOnSiBiliTy lApOrAN keuANgAN FinAnciAl RepORT
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07 09 10 14 19 23 28
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I-XIII iNfOrMAsi perusAhAAN cORpORATe inFORMATiOn XIv tANgguNg jAwAb pelApOrAN tAhuNAN ReSpOnSiBiliTy FOR The AnnuAl RepORT
Visi dan Misi ASTRA Otoparts | ASTRA Otoparts Vision and Mission
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sebagai produsen komponen kendaraan bermotor dengan keunggulan komparatif yang memiliki banyak proses dan menghasilkan aneka produk, pt Astra Otoparts tbk. melihat peluang indonesia sebagai basis produksi semakin besar, membuat perseroan harus berada pada posisi paling siap dan dengan cepat dapat merespon pasar seiring kondisi ekonomi yang kian membaik. Melalui Visi, Misi dan strateginya, perseroan mencanangkan program dengan berkonsentrasi pada produk-produk unggulan (berdasarkan market size, growth, margin) dan pengembangan produk baru. hal ini dilakukan agar dapat menghasilkan bisnis yang bernilai tinggi, menyesuaikan kemampuan teknologi, memiliki harga yang mampu bersaing, dan mulai memperhitungkan pesaing tingkat dunia, hingga dapat menjadi pemain tingkat dunia.
MISSIon: 1. To develop a strong and competitive automotive components industry and become a strategic partner for domestic and regional industry players. 2. To be a responsible corporate citizen that provides positive contributions to stakeholders.
As a supplier of automotive components with the comparative advantage of having a variety of processes and products, pT Astra Otoparts Tbk. believes that indonesia has prospects as a production base, and the company will move to prepare itself and be ready to seize market opportunities along with favorable economic condition. guided by its vision and mission statements, the company continues to pursue a strategy of concentrating on high-value products - based on market size, sales growth, and profit margin - and the development of new products. Through this strategy, the company seeks high value added business, acquire technological competencies, offer competitive prices, and ready itself for global competition, ultimately becoming a world-class player in the industry.
04
pt Astra Otoparts tbk. (Astra Otoparts) adalah perusahaan komponen otomotif terkemuka indonesia yang menghasilkan suku cadang kendaraan bermotor, baik untuk segmen pabrikan otomotif atau Original equipment for Manufacturer (OeM) maupun segmen pasar suku cadang pengganti atau replacement Market (reM). pelanggan Astra Otoparts di segmen OeM, antara lain toyota, Daihatsu, isuzu, Mitsubishi, suzuki, honda, yamaha, kawasaki, dan hino. Astra Otoparts telah tumbuh pesat di indonesia dan telah menjadi sinonim dengan produk suku cadang bermutu tinggi. produk Astra Otoparts tidak hanya memenuhi konsumsi atau kebutuhan pasar dalam negeri yang terus berkembang tetapi juga diekspor ke 49 negara di timur tengah, Asia Oceania, Afrika, eropa dan Amerika. guna mendukung penjualan di luar negeri, Astra Otoparts saat ini memiliki tiga kantor perwakilan masing-masing di singapura, Dubai dan Australia. Astra Otoparts bertumbuh pesat dari satu perusahaan perdagangan di sektor industri otomotif, perakitan mesin dan konstruksi bernama pt Alfa Delta Motor, yang berdiri pada 1976 hingga ke bentuknya sekarang sebagai Astra Otoparts yang memiliki 6 unit bisnis dan 27 anak perusahaan, serta mempekerjakan karyawan berjumlah 32.939 orang. sejak tahun 1998, Astra Otoparts menjadi perusahaan publik yang tercatat di bursa efek indonesia.
pT Astra Otoparts Tbk. (Astra Otoparts) is indonesias foremost automotive component company producing components both for Original equipment for Manufacturers (OeM) and Replacement Market (ReM). Astra Otoparts customers in the OeM segment include Toyota, daihatsu, isuzu, Mitsubishi, Suzuki, honda, yamaha, kawasaki, and hino. Astra Otoparts has dominated indonesias automotive component market that it has become synonymous with high-quality automotive spare parts.
Astra Otoparts products do not only meet the ever-growing domestic consumption or demands but are also exported to 49 countries in the Middle east, Asia Oceania, Africa, europe, and the Americas. And to support its overseas sales, Astra Otoparts has established three representative offices in Singapore, dubai, and Australia respectively. Astra Otoparts has developed vigorously from an unassuming trading company with business interests in automotive industry, machinery assembling, and construction, called pT Alfa delta Motor, into what is now known as Astra Otoparts, which has 6 business units and 27 subsidiaries/affiliated companies, and employs 32,939 people. Since 1998, Astra Otoparts has become a publicly listed company after floating its shares at the indonesia Stock exchange.
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pada tahun 2010, Astra Otoparts mencatat pertumbuhan laba bersih sebesar 48,5% menjadi rp 1,14 triliun, tertinggi sejak berdirinya perusahaan. pencapaian ini sejalan dengan program direksi yang dicanangkan awal tahun untuk menjadikan Astra Otoparts sebagai 1-trillion-rupiah Company yang merupakan jawaban atas tantangan bisnis otomotif, termasuk AseAN China free trade Area (ACftA). keberhasilan mencapai keuntungan bersih tertinggi itu tidak terlepas dari praktek tata kelola atau good corporate governance (gCg) yang diterapkan perseroan. penerapan gCg tersebut berhasil mendatangkan sejumlah penghargaan bagi Astra Otoparts, antara lain the indonesian Corporate governance Award 2010, sebagai perusahaan terpercaya (the trusted Company), dan penghargaan indonesias Most Admired Company (iMAC) 2010, yang diraih secara berturut-turut sejak tahun 2007. prestasi ini mendorong Astra Otoparts berambisi menjadi pemasok suku cadang otomotif kelas dunia atau world class Auto parts Supplier dan mitra pilihan di indonesia atau partner of choice in indonesia. Dan untuk mendukung usahanya menjadi pemain otomotif dunia, perusahaan mengembangkan engineering development center dan mengadopsi sistem teknologi informasi terintegrasi. saat ini perseroan memiliki anak perusahaan joint venture dengan sejumlah produsen komponen terkemuka dari jepang dan eropa, seperti Aisin seiki, Aisin takaoka, Akebono, Daido steel, Denso, DiC Corporation, gs yuasa, kayaba, keihin, Mahle, Nippon gasket, Nittan Valve, toyoda gosei, yazaki dan Aktiebolaget skf. Astra Otoparts juga menunjukkan perhatian besar kepada masyarakat dan lingkungan melalui sejumlah program tanggung jawab sosial perusahaan atau corporate Social Responsibility (Csr), dengan mengadopsi konsep Astra green Company (AgC) dan Astra friendly Company (AfC). Melalui program Csr perseroan menyediakan pinjaman bergulir untuk pembiayaan bisnis mikro dan kecil yang berada di sekitar perusahaan, pemberian bantuan pendidikan dan pemberian bantuan kepada korban bencana alam.
in 2010, Astra Otoparts recorded a 48.5% net profit increase to reach Rp 1.14 trillion, the highest since its establishment. This achievement is in line with the board of directors program launched in early 2010 to make Astra Otoparts a 1-Trillion-Rupiah company as a response to challenges in the automotive business, including the ASeAn-china Free Trade Area (AcFTA). The succeess could not be separated from good corporate goverance (gcg) practices implemented by the company. And the implementation of gcg practices has earned Astra Otoparts several awards, including The indonesian corporate governance Award 2010 as The Trusted company, and indonesias Most Admired company (iMAc) 2010 for the fourth consecutive year since 2007. This accomplishment encourages Astra Otoparts to become a world class Auto parts Supplier and partner of choice in indonesia. To support its effort to become a world class automotive player, the company established an engineering development center and adopted an integrated information technology system.
The company currently has joint venture subsidiaries with wellknown component manufacturers from Japan and europe such as Aisin Seiki, Aisin Takaoka, Akebono, daido Steel, denso, dic corporation, gS yuasa, kayaba, keihin, Mahle, nippon gasket, nittan Valve, Toyoda gosei, yazaki, and Aktiebolaget SkF. Astra Otoparts also shows great concern toward the society and environment through various corporate social responsibility (cSR) programs, by adopting Astra green company (Agc) and Astra Friendly company (AFc) concepts. Through cSR programs, the company provides revolving funds to finance micro and small business in the vicinity, education aid, and donation for victims of natural disasters.
untuk mendukung usahanya menjadi pemain otomotif dunia, perusahaan mengembangkan engineering Development Center dan mengadopsi sistem teknologi informasi terintegrasi To support its effort to become a world class automotive player, the company established an engineering development center and adopted an integrated information technology system
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tema laporan tahunan Astra Otoparts tahun ini menggarisbawahi pencapaian penting dalam perjalanan perseroan, yakni keberhasilan meraih keuntungan bersih sebesar rp 1,14 triliun. itulah yang digambarkan oleh judul utama reaching a New height atau Mencapai suatu ketinggian baru. Mengapa ketinggian baru? karena keuntungan bersih yang diraih tahun 2010 merupakan yang pertama kali dalam sejarah perseroan. selain faktor pertumbuhan ekonomi di dalam dan luar negeri yang menunjang di tahun 2010, faktor internal di dalam grup Astra Otoparts juga memiliki peran yang sangat penting dalam pencapaian keuntungan bersih tahun ini. sub-tema yang terdiri dari dua kata penting Mind dan perseverance merupakan roh dalam faktor internal yang memungkinkan perseroan mencapai dan bahkan melebihi sasaran keuntungan bersih yang dicanangkan. Mind yang dalam bahasa indonesia dapat diterangkan sebagai daya pikir atau akal menggambarkan bahwa pencapaian tahun 2010 merupakan buah dari ketajaman otak yang mendorong munculnya inovasi, terobosan dan gagasan strategis. sedangkan perseverance dalam bahasa indonesia lebih menggambarkan suatu kegigihan dalam bertindak untuk mencapai suatu sasaran, atau mengamalkan suatu keyakinan. kegigihan tersebut berasal dari hati yang sudah menetapkan suatu tekad untuk diwujudkan dalam tindakan yang tak kenal lelah dan tak kenal menyerah. Dengan tema reaching a New height: Mind and perseverance, buku laporan tahunan 2010 ini menggambarkan sejelas-jelasnya bahwa perseroan telah mencapai suatu prestasi bersejarah, dan prestasi tersebut diraih dengan suatu kombinasi antara daya pikir, hati dan kerja keras tanpa kenal lelah dan pantang menyerah dari seluruh Direksi, jajaran manajemen dan karyawan di grup Astra Otoparts.
The theme of pT Astra Otoparts Tbks annual report this year underlines an important achievement in the companys existence that is its success to earn net profit of Rp 1.14 trillion. That is what the title Reaching a new height or Mencapai ketinggian Baru wants to describe. why a new height? it is because the Rp 1.14 trillion profit Astra Otoparts earned in 2010 was the first ever in the companys history.
Aside from favorable domestic and international economic growths in 2010, internal factors within Astra Otoparts group also played a very important role in achieving the net profit. The sub-theme, which consists of two important words Mind and perseverance, was the soul of the internal factors that made it possible for the company to reach and even surpass the net profit target launched in early 2010. Mind, can be explained as thinking ability or intelligence, describes that the 2010 achievement was the outcome of brainpower that always encourages new innovations, breakthroughs, and strategic ideas. perseverance, on the other hand, describes more of persistence in working to achieve a target or living ones belief. The persistence comes from the heart determined to pursuing the companys target tirelessly and resolutely.
So, with the theme Reaching a new height: Mind and perseverance, this Annual Report 2010 explains as clear as possible that the company has made a historical achievement and that the achievement was earned through a combination of the thinking ability, heart, and hard work of the Board of directors, management staff, and employees within Astra Otoparts group.
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2007
2008
2009
Net Sales Gross Profit Income from Operation Net Income Income from Operation per Share (Rp) Earnings per Share (Rp) * Balance Sheets
3,028,160 1,292,027 907,520 719,140 746,438 320,491 1,066,929 552,828 1,864,461 1,961,231
3,454,254 1,666,848 1,013,259 634,717 758,853 335,881 1,094,734 740,865 2,261,414 2,359,520
3,981,316 1,862,813 1,194,295 702,097 873,185 317,701 1,190,886 747,575 2,652,969 2,790,430
4,644,939 2,131,336 1,626,240 696,716 980,428 281,864 1,262,292 651,504 3,208,778 3,382,647
5,585,852 2,199,725 2,164,933 985,029 1,251,731 230,974 1,482,705 892,195 3,860,827 4,103,147
Total Assets Total Current Assets Investment in Share of Stock Property, Plant and Equipment - Net Total Current Liabilities Total Non-Current Liabilities Total Liabilities Net Working Capital ** Total Equity Total Equity and Minority Interest Ratio Analysis and other Information
Gross Profit Margin Operating Margin Net Asset Value per Share (Rp) Return on Assets Return on Equity Current Ratio Liabilities on Assets Ratio Issued Shares (in million)
laba per saham dihitung dengan membagi laba bersih dengan jumlah rata-rata tertimbang saham yang beredar pada tahun yang bersangkutan. piutang usaha + persediaan - hutang usaha jangka pendek. earning per share is computed by dividing net income with the weighted average number of shares outstanding during the year. Trade Receivables + inventory - current Trade payables.
08
911 794
608
158
2006
2007
2008
2009
2010
2006
2007
2008
2009
2010
2006
2007
2008
2009
2010
768
8,000 7,000
2006
2007
2008
2009
2010
2006
2007
2008
2009
2010
2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 4/1/2010 1/2/2010 3/3/2010 1/4/2010 30/4/2010 1/6/2010 29/6/2010 27/7/2010 25/8/2010 29/9/2010 27/10/2010 25/11/2010 27/12/2010
Volume
Price
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HARGA DAN VOLUME SAHAM PER TRIWULAN DI BEI/QUARTERLY SHARES PRICE AND VOLUME AT IDX
HARGA DAN VOLUME SAHAM PER TRIWULAN DI BEI/QUARTERLY SHARES PRICE AND VOLUME AT IDX 2009 Highest (Rp) Triwulan Pertama/First Quarter Triwulan Kedua/Second Quarter Triwulan Ketiga/Third Quarter Triwulan Keempat/Fourth Quarter 3,800 4,000 5,200 6,300 Lowest (Rp) 2,850 2,850 3,150 4,650 Closing (Rp) 2,875 3,125 4,825 5,750 Average volume (units) 15,568 41,885 43,644 18,811 Highest (Rp) 7,350 16,300 18,500 18,200 2010 Lowest (Rp) 7,150 13,900 17,900 17,700 Closing (Rp) 7,250 14,450 18,100 17,850 Average volume (units) 40,375 301,073 135,750 96,048
95.65%
4.35%
45.0%
42.3% 42.2%
47.1%
12.7%
10.7%
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Mei 2010
pt Century batteries indonesia meluncurkan produk aki bebas perawatan (maintenance free) merek incoe tipe DiN untuk pasar ekspor.
3 Juni 2010
Astra Otoparts meraih rekor bisnis (rebi) dari terA foundation bekerjasama dengan harian seputar indonesia, sebagai Perusahaan Sparepart Otomotif Dengan Jaringan Terluas.
10 Juni 2010
Astra Otoparts meraih Asean Automotive Award dari frost & sullivan, kategori : Automotive Component Manufacturer of The Year. Astra Otoparts meraih penghargaan ini sebanyak 3 kali berturut-turut sejak tahun 2008.
May 2010
pT century Batteries indonesia launched maintenance-free-battery, incoe brand, din type, for export market.
1 Juli 2010
Astra Otoparts meraih penghargaan swA 100 : indonesia best public Companies 2010, sebagai Best Wealth Creator 2010.
21 Juli 2010
Sales Rally Award Nasional 2010 Diselenggarakan sebagai wujud penghargaan kepada para tenaga penjualan, baik para salesman maupun sales supervisor yang telah berhasil mencapai prestasi penjualan yang baik.
9 Agustus 2010
Astra Otoparts meraih penghargaan Asias Best Companies 2010 dari Finance Asia, sebagai indonesia best Mid - Cap (1st runner-up).
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15 Juni 2010
Astra Otoparts dinobatkan sebagai indonesias Most Admired Company (iMAC) 2010, The Best in Building and Managing Corporate Image, kategori: Automotive spare parts. Astra Otoparts meraih penghargaan ini sebanyak 4 kali berturut-turut sejak tahun 2007.
Juni 2010
Implementasi Sistem Informasi Terpadu: enterprise resource planning (erp), human resource Management system (hrMs), dan shared service Center. sistem informasi terpadu tersebut diimplementasikan di Astra Otoparts-Divisi Adiwira plastik & pt indokarlo perkasa.
Juli 2010
pt indokarlo perkasa meluncurkan produk tensioner guide untuk kendaraan roda dua.
June of 2010
Implementing Integrated Information System: enterprise Resource planning (eRp), human Resource Management System (hRMS), and Shared Service center. The system is implemented in Astra Otoparts-Adiwira plastik division & indokarlo perkasa.
July 2010
pT indokarlo perkasa launched tensioner guide for two-wheeled vehicles.
September 2010
Astra Otoparts Divisi Adiwira plastik meluncurkan produk outer mirror untuk kendaraan niaga/truk.
26 of September 2010
PORSE 2010 : pOrse (pekan Olah raga dan seni) diselenggarakan untuk mempererat kekerabatan antar karyawan grup Astra Otoparts, dan juga sebagai ajang sosialisasi nilai-nilai inti atau core values. kegiatan ini mengambil tema enjoy Our Culture.
oktober 2010
Astra Otoparts Divisi Adiwira plastik meluncurkan produk console box.
September 2010
Astra Otoparts Adiwira plastik division launched outer mirror product for commercial vehicles/ trucks.
october 2010
Astra Otoparts Adiwira plastik division launched console box product.
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oktober 2010
pt Menara terus Makmur meluncurkan produk race steering untuk kendaraan roda dua.
30 oktober 2010
Konvensi QCC/SS Ke-21 : Astra Otoparts menyelenggarakan konvensi gugus kendali Mutu (QCC/ss), dengan tema Menjadi yang terbaik Melalui core Values.
november 2010
Implementasi model bisnis baru atau New Trading Business Model. Merupakan model bisnis baru yang dirancang untuk mengantisipasi kompetisi yang semakin ketat di pasar domestik maupun luar negeri.
october 2010
pT Menara Terus Makmur launched race steering product for two-wheeled vehicles.
november 2010
Implementation of the New Trading Business Model. This is a new business model designed to anticipate fiercer competition in both the domestic and international market.
26 november 2010
Astra Otoparts meraih Anugerah Business Review Award 2010, sebagai Marketing Management of the year 2010 the best 1.
Desember 2010
pt Astra Nippon gasket indonesia meluncurkan produk cakram rem (disc brake).
9 Desember 2010
Innovation Challenge 2010 Merupakan kegiatan kompetisi di bidang inovasi engineering, guna merangsang semangat berinovasi dalam rangka mencapai kemandirian di bidang teknologi. Astra Otoparts telah menyelenggarakan kegiatan ini sebanyak 5 kali sejak tahun 2006.
December 2010
pT Astra nippon gasket indonesia launched disc brake.
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november 2010
pt Menara terus Makmur meluncurkan produk rotor D54T untuk kendaraan roda empat.
november 2010
Implementasi Sistem Informasi Terpadu : enterprise resource planning (erp), human resource Management system (hrMs), shared service Center. sistem informasi terpadu tersebut diterapkan di Corporate & trading business.
19 november 2010
Astra Otoparts meraih Corporate Governance Award 2010 dari indonesian institute for Corporate Directorship (iiCD) dan Majalah investor, untuk kategori: best in role of stakeholders. penghargaan ini diraih Astra Otoparts untuk kedua kalinya sejak tahun 2009.
november 2010
pT Menara Terus Makmur launched D54T rotor for fourwheeled vehicles.
november 2010
Implementation of Integrated Information System: enterprise Resource planning (eRp), human Resource Management System (hRMS), Shared Service center. This integrated information system is implemented in corporate & Trading Business.
9 Desember 2010
Astra Otoparts meraih penghargaan sebagai The Trusted Company 2010 dalam implementasi gCg dari the indonesian institute for Corporate governance (iiCg).
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pt eDs Manufacturing indonesia, juga mendapatkan penghargaan Zero Accident Award dari pemerintah provinsi banten. pT edS Manufacturing indonesia, received Zero Accident Award from the Banten provincial government.
15
pt gs battery mendapatkan penghargaan dari pt hino Motors Manufacturing indonesia atas Quality target Achievement dan Delivery target Achievement selama 2009, sementara pt gemala kempa Daya menerima penghargaan best Contribution production Award, pt federal izumi Manufacturing untuk Delivery target Achievement, pt eDs Manufacturing indonesia meraih best supplier Award, best Quality Award, best Delivery Award, dan best Cost Award. pT gS Battery received awards from pT hino Motors Manufacturing indonesia for Quality Target Achievement and delivery Target Achievement throughout 2009, while pT gemala kempa daya for Best contribution of production, pT Federal izumi Manufacturing for delivery Target Achievement, and pT edS Manufacturing indonesia received Best Supplier Award, Best Quality Award, Best delivery Award, and Best cost Award.
pt eDs Manufacturing indonesia juga mendapatkan penghargaan sebagai best Cost reduction performance dari pt honda prospect Motor. pT edS Manufacturing indonesia also received Best cost Reduction performance award from pT honda prospect Motor.
pt gs battery mendapatkan penghargaan untuk Quality and Delivery performance 2009 dari pt Astra Daihatsu Motor, sementara pt inti ganda perdana menerima penghargaan atas partisipasinya dalam Cost improvement 2009/2010. penghargaan dari perusahaan yang sama juga diterima oleh pt eDs Manufacturing indonesia untuk the best Quality and Delivery performance 2009/2010 dan Cost performance 2009/2010, sementara pt federal Nittan industries menerima penghargaan untuk good Cost performance dan Quality & Delivery performance. pT gS Battery got an award from pT Astra daihatsu Motor for its Quality and delivery performance in 2009, while pT inti ganda perdana received an award for its participation in cost improvement 2009/2010. The same company also conferred awards to pT edS Manufacturing indonesia for Best Quality and delivery performance 2009/2010 and cost performance 2009/2010, while pT Federal nittan industries received an award for good cost performance and Quality & delivery performance.
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pt Akebono brake Astra indonesia mendapatkan the presidents Award for excellence 2010 dari Akebono brake industry Co. ltd., jepang. pT Akebono Brake Astra indonesia received The presidents Award for excellence 2010 from Akebono Brake industry co. ltd., Japan.
pada 4 Mei 2010, anak usaha perseroan, pt Denso indonesia mendapatkan penghargaan Zero Accident Award dari Menteri tenaga kerja dan transmigrasi republik indonesia. On May 4, 2010, the companys subsidiary pT denso indonesia received a Zero Accident Award from the Ministry of Manpower and Transmigration.
Astra Otoparts divisi Adiwira plastik menerima penghargaan Astra Awards 2010 untuk kategori business performance dari induk usaha pt Astra international tbk. Astra Otoparts Adiwira plastik division received an Astra Awards 2010 for Business performance category from holding company pT Astra international Tbk.
praktek manajemen sumber daya manusia di grup Astra Otoparts juga mendapatkan pengakuan dari pihak luar dengan diterimanya penghargaan team hrD terbaik 2010 untuk anak usaha pt kayaba indonesia dari koperasi Astra, dan hrD terbaik dalam tatalaksana ke-hrD-an untuk pt fsCM Manufacturing indonesia. good human resources management practices in Astra Otoparts group also received recognition. Subsidiary pT kayaba indonesia was conferred with Best hRd Team 2010 award by Astras cooperative, while pT FScM Manufacturing indonesia received Best hRd practices award.
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Astra Otoparts divisi Adiwira plastik mendapatkan penghargaan Award of recognition for superior performance dari pt Nissan Motor indonesia. Astra Otoparts Adiwira plastik division received an award of Recognition for Superior performance from pT nissan Motor indonesia.
kemampuan perseroan dalam mengelola lingkungan juga diakui oleh pihak berwenang, termasuk pemerintah Daerah khusus ibukota (Dki) jakarta. Dan ini terbukti dengan diraihnya penghargaan predikat baik dalam ketaatan dan kinerja pengelolaan lingkungan kepada Astra Otoparts divisi Nusametal pada bulan Oktober. penghargaan tersebut diserahkan oleh kepala pengelola lingkungan hidup Daerah (bplhD) provinsi Dki jakarta. Astra Otoparts ability to manage the environment has also been recognized by government authorities, including the Jakarta Special Administrative Region (dki Jakarta). This recognition was proven with an award with predicate good from Jakartas environment Management Agency (Bplhd) in October. The award was given to Astra Otoparts nusametal division by the head of Jakartas Bplhd for its compliance and environmental management performance.
pada konvensi QCC Denso se-Asia pacific di Malaysia, tim dari anak usaha pt Denso indonesia berhasil meraih juara ii. pencapaian ini membuktikan kemampuan grup Astra Otoparts untuk berkompetisi di ajang internasional. during the Asia-pacific Qcc convention in Malaysia, a team from affiliated company pT denso indonesia won second place. The achievement proved Astra Otoparts group ability to compete in the international arena.
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Dalam rangka perayaan 40 tahun pt krama yudha tiga berlian Motor (ktb) memberikan penghargaan kepada pt kayaba indonesia untuk Continuous support. penghargaan yang sama juga diterima oleh pt inti ganda perdana. in conjunction with its 40th anniversary, pT krama yudha Tiga Berlian Motor (kTB) conferred awards to pT kayaba indonesia and pT inti ganda perdana for their continuous Support.
Astra Otoparts divisi Adiwira plastik menerima toyota Accessories Award for Outstanding improvement performance selama 2010 dari pt toyota Astra Motor. Astra Otoparts Adiwira plastik division received Toyota Accessories Award for Outstanding improvement performance throughout 2010 from pT Toyota Astra Motor.
pt Chemco harapan Nusantara memberikan apresiasi kepada pt skf indonesia untuk best Quality dan Delivery performance. pT chemco harapan nusantara gave a certificate of appreciation to pT SkF indonesia for Best Quality and delivery performance.
Majalah info franchise indonesia bekerja sama dengan Asosiasi franchise indonesia memberikan penghargaan kepada Astra Otoparts divisi retail sebagai franchise best seller 2010 untuk kategori bisnis bengkel dan suku cadang mobil. info Franchise indonesia magazine, in collaboration with the indonesian Franchise Association, awarded Astra Otoparts - Retail division as Franchise Best Seller 2010 for retail parts and service shop category.
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para pemegang saham yang terhormat, tahun 2010 merupakan tahun bersejarah bagi pt Astra Otoparts tbk. perseroan berhasil meraih keuntungan sebesar rp 1,14 triliun atau meningkat 48,5% dibanding tahun sebelumnya, dan merupakan pencapaian terbesar dalam sejarah perseroan. perseroan juga mempertegas kembali statusnya sebagai perusahaan komponen otomotif terkemuka di tanah air. sebagaimana diketahui persaingan di industri otomotif indonesia semakin ketat setelah AseAN-China free trade Area (ACftA) mulai berlaku 1 januari 2010, di mana bea masuk untuk beberapa komponen otomotif ditiadakan. Dengan meraih keuntungan rp 1,14 triliun, Astra Otoparts telah menunjukkan kemampuannya bersaing di tengah-tengah kompetisi yang semakin ketat. keadaan ekonomi nasional yang terus membaik selama 2010 banyak membantu industri otomotif tanah air pada umumnya, dan Astra Otoparts pada khususnya. badan pusat statistik melaporkan indonesia mencetak pertumbuhan ekonomi sebesar 6,1% tahun 2010, naik dari 5,8% dibanding tahun 2009. Membaiknya ekonomi indonesia meningkatkan daya beli masyarakat, termasuk untuk kendaraan bermotor. sepeda motor dilaporkan mengalami kenaikan penjualan sebesar 26% menjadi 7,372,989 unit pada tahun 2010 sementara mobil meningkat sebesar 57% menjadi 764,710 unit.
Respected Shareholders, year 2010 was indeed a historical period for pT Astra Otoparts Tbk. The company booked net profit of Rp 1.14 trillion in 2010, up by 48.5% compared to previous year. The profit was also the highest in the companys history.
The company also reaffirmed its status as a prominent automotive component producer in the country. As you may all know, competition in indonesias automotive industry grew tighter following the implementation of the ASeAn-china Free Trade (AcFTA) area on January 1, 2010, where import tariffs for some automotive components were scrapped. By recording net profit of Rp 1.14 trillion, Astra Otoparts demonstrated its ability to prosper amid stiffer competition. The countrys economic condition, which continued to improve throughout 2010, helped the countrys automotive industry in general, and Astra Otoparts in particular. The central Statistics Agency (BpS) reports that indonesia recorded an economic growth of 6.1% in 2010, compared to 5.8% in 2009. The improved economic condition increased peoples purchasing power, including for vehicles. Motorcycles are reported to book sales increase of 26% to 7,372,989 units in 2010, while automobiles sales rose by 57% to 764,710 units. we, the Board of commissioners, think that this achievement could
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kami Dewan komisaris berpendapat pencapaian ini tidak terlepas dari kemampuan Direksi Astra Otoparts dalam melaksanakan program kerja yang dicanangkan perseroan, baik dalam bidang manufaktur maupun perdagangan. Di bidang manufaktur, Dewan komisaris menilai baik keputusan Direksi untuk membentuk divisi engineering Development Center yang diharapkan bisa meningkatkan kemampuan engineering baik di perseroan maupun anakanak usahanya, khususnya dalam mengembangkan produkproduk unggulan. engineering Development Center ini dapat mendorong pengembangan Divisi riset dan pengembangan di masing-masing anak perusahaan untuk mengembangkan produk dari mulai tahap perancangan konsep, perencanaan proses manufaktur, pembuatan prototipe hingga pengujian dan evaluasi produk. Dalam dunia bisnis dengan kompetisi yang semakin ketat, kualitas sumber daya manusia menjadi salah satu faktor penentu berkembang atau tidaknya suatu usaha. tentu, kita semua ingin Astra Otoparts terus berkembang, dan kami mendukung upaya-upaya yang dilakukan Direksi untuk memperbaiki kemampuan engineering. sebab menurut kami langkah-langkah tersebut adalah strategis dilakukan untuk mengembangkan bisnis otomotif. Di bidang perdagangan, Dewan komisaris juga menilai baik
not be separated from Astra Otoparts Board of directors ability to execute programs set by the company, both in the manufacturing segment and the trading segment. in the manufacturing segment, the Board of commissioners commended Board of directors decision to establish an engineering development center, which is expected to be able to improve engineering capabilities, both in the holding company and its subsidiaries/affiliated companies, especially in developing superior products. The engineering development center can encourage the development of Research and development division in respective subsidiary/affiliated company to design products beginning with their concepts, manufacturing process planning, making prototype, and testing, as well as product evaluation. in a business atmosphere where competition is growing tighter, the quality of human resources becomes one of the factors that determine whether or not a business grows. Of course, we all want Astra Otoparts to continue to grow, and we fully endorse efforts taken by the Board of directors to enhance the companys engineering capability. These, according to our humble opinion, are strategic moves to develop automotive business. in the trading segment, the Board of commissioners also
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langkah Direksi untuk melakukan berbagai perubahan internal, termasuk peluncuran model bisnis perdagangan yang baru (new Trading Business Model) untuk memastikan ketersediaan produk yang tepat di pasar yang tepat pula, serta produk perseroan mampu menjangkau pasar luas dengan waktu respon yang lebih cepat. Model bisnis perdagangan ini mengatur ulang proses bisnis dari Divisi perdagangan yang meliputi pemasaran, penjualan, logistik, dan trade marketing guna memberikan fokus dan perhatian yang lebih besar pada masing-masing bidang sesuai dengan kebutuhan pengembangan bisnis ke depan. langkah ini sangat penting baik untuk mempertahankan maupun untuk mengembangkan pangsa pasar perseroan. Di alam bisnis yang selalu berubah, kita dituntut untuk terus beradaptasi terhadap perubahan. Oleh karena itu Dewan komisaris mendukung keputusan Direksi untuk melakukan perubahan di Divisi perdagangan guna memperkuat kegiatan perdagangan perseroan. pencapaian 2010 juga tidak terlepas dari konsistensi Direksi untuk menerapkan tata kelola perusahaan yang baik atau good corporate governance (gCg). perseroan berkeyakinan bahwa pengelolaan perusahaan yang baik meningkatkan nilai bagi pemegang saham dan pemangku kepentingan lainnya. lebih dari itu, perseroan berkeyakinan bahwa pengelolaan perusahaan yang baik menjamin pertumbuhan perseroan yang berkelanjutan. Oleh karena itu, Dewan komisaris mendukung penerapan prinsip-prinsip gCg dan komitmen penuh dari Direksi untuk mengembangkan budaya perusahaan yang sejalan dengan prinsip-prinsp gCg dan penghayatannya dalam kegiatan dan operasi perusahaan sehari-hari. Dewan komisaris menilai Direksi telah melakukan program tanggung jawab sosial atau corporate social responsibility (Csr) dengan baik. keputusan Direksi untuk melibatkan pemerintah setempat dalam kegiatan pemetaan atas kebutuhan masyarakat, diantaranya melalui pemberian dana bergulir, adalah upaya yang tepat untuk membangun hubungan yang baik dengan masyarakat sekitar dan pemerintah setempat. selain itu, keberhasilan Astra Otoparts dalam melaksanakan program-program Astra green Company (AgC) dan Astra friendly Company (AfC) menunjukkan komitmen Direksi terhadap lingkungan dan masyarakat. pada kesempatan ini, Dewan komisaris juga melaporkan pelaksanaan tugas komite Audit telah berjalan dengan baik. hubungan kerja antara komite Audit dan internal Audit, Auditor eksternal serta Direksi juga berjalan dengan baik. keberhasilan tugas komite Audit tercermin dalam semakin sehatnya operasi perseroan seiring dengan berjalannya kegiatan pemantauan, pemitigasian dan pencegahan berbagai risiko, termasuk risiko terkait keuangan dan hukum di Astra Otoparts. para pemegang saham yang terhormat, mari kita memberikan penghargaan kepada Direksi dan segenap manajemen anak perusahaan atas kerja keras dan ketekunan mereka sehingga mampu menjadikan Astra Otoparts sebagai perusahaan
commends Board of directors moves to introduce various internal changes, including the launch of a new Trading Business Model to make sure that right products are at the right markets and that the companys products reach a wider market with faster response time.
The new trading business model restructures business process in trading division, which is in charge of marketing, sales, logistics, and trade marketing to give focus and greater attention to individual areas in line with future business development needs. This move is very important both to maintain and grow the companys market share. in an ever-changing business atmosphere, we are required to be able to adapt to new changes. That explains why the Board of commissioners fully supports the decision of Board of directors to reform the companys Trading division to strengthen its trading activities.
The achievement in 2010 was also due to the Board of directors consistency in implementing good corporate governance (gcg). The company believes that good corporate governance enhances the companys value for its shareholders and other stakeholders. More than that, the company is convinced that good corporate governance ensures the companys sustainable growth. Therefore, the Board of commissioners fully endorses the implementation of good corporate governance principles and the commitment of Board of directors to develop corporate cultures that go in line with gcg principles and their implementation in daily activities and operations of the company. The Board of commissioners judges that the Board of directors has implemented the companys corporate social responsibility well. The Board of directors decision to engage local governments in mapping out local peoples need, including for the revolving funds program, is necessary to develop good relations with people in the vicinity and local governments. Additionally, Astra Otoparts success in implementing Astra green company (Agc) and Astra Friendly company (AFc) shows the Board of directors environmental and social commitments.
On this occasion, the Board of commissioners also would like to report that the Audit committee has discharged its duties very well. work relations between the Audit committee and internal Audit, external Auditor, and the Board of directors also worked very well. The Audit committees success is reflected in the companys healthier operations, with the monitoring, mitigation, and risk prevention, including risks related to financial and legal issues in Astra Otoparts, functions all running properly. dear Shareholders, let us give our highest appreciation to the Board of directors and management staff of all subsidiaries/ affiliated companies for their hard work and persistence to make Astra Otoparts a 1-trillion-rupiah company, or a
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Kanan-Kiri/Right-Left: 1. johnny Darmawan Danusasmita 2. widya wiryawan 3. sudirman Maman rusdi 4. simon Collier Dixon 5. Chiew sin Cheok 6. eduardus paulus supit 7. leonard lembong 8. patrick Morris Alexander 9. bambang trisulo 10. Muhamad Chatib basri
1-trillion rupiah Company atau perusahaan dengan laba bersih rp 1 triliun. Melihat rekam jejak mereka pada tahun 2010, kami Dewan komisaris mengharapkan bahwa pada tahun 2011 ini perseroan bisa mencapai keuntungan yang lebih tinggi lagi. semoga prestasi ini terus berlanjut di masa mendatang. selamat bekerja!
company with net profit of Rp 1 trillion. looking at their 2010 track record, we, the Board of commissioners, hope that the company will achieve even higher profits in 2011. May the company continue to reach higher achievement. happy working!
jakarta, April 2011 Atas nama Dewan komisaris On behalf of the Board of commissioners
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Widya Wiryawan
wakil presiden komisaris/Vice president commissioner warga Negara indonesia, lahir tahun 1960, menjabat wakil presiden komisaris pt Astra Otoparts tbk. sejak Mei tahun 2010, saat ini juga menjabat sebagai Direktur pt Astra international tbk. sejak tahun 2008, presiden Direktur pt Astra Agro lestari tbk. sejak tahun 2007. wakil presiden Direktur pt Astra Agro lestari (2006-2007), wakil presiden Direktur pt Astra Otoparts tbk. (2005-2006), Direktur pt Astra Otoparts tbk. (2000-2005), Direktur pt federal international finance (1997-2000), project financing pt Astra international tbk. (1996-1997), treasurer (1994-1995) pt Astra international tbk., Analyst pt usaha informasi jaya/ibM (1982-1994). lulus dari fakultas teknologi pertanian, institut pertanian bogor (1982) dan Master of business Administration university of sydney (1992). An indonesian citizen born in 1960, widya wiryawan is Vice president commissioner of pT Astra Otoparts Tbk. since May 2010. concurrently, he is director of pT Astra international Tbk. since 2008, and president director of pT Astra Agro lestari Tbk. since 2007. previously, he held the position of Vice president director of pT Astra Agro lestari Tbk. from 2006 to 2007, Vice president director of pT Astra Otoparts Tbk. from 2005 to 2006, director of pT Astra Otoparts Tbk. from 2000 to 2005, and director of pT Federal international Finance from 1997 to 2000. he was also in charge of project Financing of pT Astra international Tbk. from 1996 to 1997, Treasurer of pT Astra international Tbk. from 1994 to 1995, and an Analyst for pT usaha informasi Jaya/iBM from 1982 to 1994. he earned his Master of Business Administration degree from the university of Sydney in 1992, and Bachelor from the Bogor institute of Agriculture majoring in Agriculture Technology in 1992.
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Leonard Lembong
komisaris/commissioner warga negara indonesia, lahir tahun 1954. Menjabat sebagai komisaris pt Astra Otoparts tbk. sejak tahun 2009. sebelumnya pernah menjabat sebagai wakil presiden Direktur pt Astra Otoparts tbk. (2001 - 2009), Direktur pt Astra Otoparts tbk. (1999 - 2001). presiden Direktur pt gs battery (1995 2009) dan presiden Direktur pt Century batteries indonesia ( 1996 2009). pernah menjabat sebagai Direktur pt Denso indonesia (1992 - 1995). wakil presiden Direktur pt Denso indonesia (2006 - 2007) dan wakil presiden Direktur pt tri Dharma wisesa (2006 - 2007). sarjana jurusan tehnik Mesin lulusan institut teknologi bandung. An indonesian citizen, born in 1954. leonard lembong was appointed commissioner in pT Astra Otoparts Tbk. in 2009. prior to that, he was Vice president director in pT Astra Otoparts Tbk.(2001-2009), director in pT Astra Otoparts Tbk. (1999-2001), president director in pT gS Battery (1995-2009), and president director of pT century Batteries indonesia (1996-2009). he also once served as director in pT denso indonesia (19921995), Vice president director pT denso indonesia (2006-2007), Vice president director pT Tri dharma wisesa (2006-2007). he graduated from the Bandung institute of Technology majoring in Mechanical engineering.
Bambang Trisulo
komisaris independen/independent commissioner warga negara indonesia, lahir tahun 1946. komisaris independen pt Astra Otoparts tbk. sejak 2007. saat ini juga menjabat sebagai komisaris pt Astra Multi trucks indonesia (sebelumnya pt Astra Nissan Diesel indonesia), pt gaya Motor dan pt fuji technica indonesia. Masih menjabat sebagai presiden fOi (federasi Otomotif indonesia), disamping itupula, menjabat sebagai ketua Dewan pengarah lsp-tO (lembaga sertifikasi profesi teknisi Otomotif), dan anggota Dewan pelatihan kerja Nasional (DpkN), Depnaker, hingga sekarang dan ketua umum gAikiNDO sejak 1999 s/d februari 2010. berkarir di Astra group sejak 1973 di toyota & Daihatsu service Dept. pt Astra international tbk., dan menjabat presiden Direktur pt Astra Nissan Diesel indonesia (2000 - 2006). Antara 1980 s/d 2000, menjabat sebagai Direktur di berbagai perusahaan agen tunggal otomotif grup Astra (Daihatsu, pegeout, Nissan Diesel, bMw & isuzu). Di AseAN (Association of southeast Asian Nations), sebagai president AAf (AseAN Automotive federation) periode 2006 - 2008. lulus dari institut teknologi bandung, jurusan teknik Mesin. telah menerbitkan buku seabad otomotif di indonesia berjudul tamasya sejarah. An indonesian citizen, born in 1946. he has been an independent commissioner in pT Astra Otoparts Tbk.since 2007. currently, he is also commissioner in pT Astra Multi Trucks indonesia (previously known as pT Astra nissan diesel indonesia), pT gaya Motor, and pT Fuji Technica indonesia. he is also president of the Federation of indonesian Automotives (FOi), chairman of Steering committee for Automotive Technician profession certificate institute (lSp-TO), member of national work Training council (dpkn) of the Ministry of Manpower and Transmigration, and chairman of gaikindo from 1999 to February 2010. he started his career in Astra group in 1973 in the Toyota and daihatsu Service department, pT Astra international Tbk., and president director of pT Astra nissan diesel indonesia from 2000 to 2006. Between 1980 to 2000, he held various directorship positions in a number of sole automotive agents of Astra group, including daihatsu, pegeout, nissan diesel, BMw, and isuzu. he served as president of the ASeAn Automotive Federation (AAF) from 2006 to 2008. he graduated from the Bandung institute of Technology majoring in Mechanical engineering, and has published a book titled Tamasya Sejarah, a book on indonesias automotive industry.
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Through right strategy planning, stretched efforts, and strong determination, as well as commitment and concrete supports from management staff and employees, the company was able to exceed its target by recording net profits of Rp 1.14 trillion in 2010. The 2010 profit, which showed a 48.5% increase from the previous year, is the highest in the companys existence. Meanwhile, net sales grew by 18.8% to Rp 6.255 trillion, with compound Annual growth Rate (cAgR)
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sementara penjualan bersih tumbuh 18,8% menjadi rp 6,255 triliun, dengan CAgr (compound Annual growth Rate) 26,48% selama 10 tahun terakhir. Direksi, manajemen dan seluruh karyawan merasa bangga atas hasil tersebut dan menjadikannya sebagai tonggak sejarah baru Astra Otoparts. secara eksternal, pencapaian ini disebabkan meningkatnya permintaan dari segmen pabrikan dan dari pasar suku cadang pengganti di dalam negeri. laporan Asosiasi industri sepeda Motor indonesia (Aisi) dan gabungan industri kendaraan bermotor indonesia (gaikindo) menunjukkan penjualan kendaraan roda dua meningkat 26% menjadi 7.372.989 unit selama 2010 dan roda empat meningkat 57% menjadi 764.710 unit. Naiknya jumlah penjualan kendaraan bermotor tahun 2010 membuat permintaan dari segmen pasar pabrikan atau Original equipment for Manufacturer (OeM) dan segmen pasar suku cadang pengganti atau Replacement Market (reM) juga meningkat. secara internal, keberhasilan perseroan tidak terlepas dari kerja keras direksi dan semua jajaran manajemen, baik di perusahaan induk (holding) maupun anak perusahaan, dan program serta strategi untuk mengubah tantangan AseAN China free trade Area (ACftA) menjadi kesempatan untuk memperbaiki Quality, Cost & Delivery (QCD) dengan inovasi dan kreatifitas rancang bangun (engineering innovation and creativity). secara khusus, perseroan, baik holding maupun semua anak perusahaan dalam segmen manufaktur, juga melakukan pengurangan biaya dengan melakukan lokalisasi komponen dan peningkatan produktivitas, dan penguatan Value Analysis/Value engineering (VA/Ve). untuk memenuhi permintaan segmen pasar pabrikan, perseroan terus meningkatkan pengembangan produk, baik produk-produk yang sudah ada maupun yang baru dengan mempersiapkan tenaga-tenaga insinyur yang handal melalui pembentukan engineering Development Center dan melakukan utilisasi kapasitas produksi secara maksimal.
reaching 26.48% in the last 10 years. The Board of directors, managements and employees are proud of the achievement and considered it as a new historical breakthrough for Astra Otoparts.
From the external point of view, the accomplishment was caused by rising demands from the original equipment for manufacturers and domestic replacement market. Reports issued by the indonesian Motorcycle industry Association (AiSi) and the Association of indonesian Automotive industries (gaikindo) showed that two-wheeled-vehicles sales rose by 26% to 7,372,989 units in 2010, while four-wheeled vehicles increased by 57% to 764,710 units. The rise in automotive sales in 2010 resulted in increasing demands from both the Original equipment for Manufacturer (OeM) and the Replacement Market (ReM).
internally, the companys success could not be separated from hard work exerted by the Board of directors and management staffs, both in the holding company and subsidiaries/ affiliated companies, and program as well as right strategies in turning challenges posed by the ASeAn-china Free Trade Area (AcFTA) into opportunities to improve Quality, cost & delivery (Qcd) through engineering innovation and creativity. Specifically, the company, both the holding and subsidiaries/ affiliated companies in the manufacturing segment, also made some cost reduction through component localization and productivity increase, and Value Analysis/Value engineering reinforcement. To meet demands from the original equipment for manufacturer, the company continued to improve product development, both existing and new products, by preparing highly qualified engineers through the establishment of engineering development center, and maximum utilization of production capacity.
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Kanan-Kiri/Right to Left:
1. siswanto prawiroatmodjo 2. robby sani 3. Niniek Dhamayanti supojo 4. Dandy soelip 5. Darmawan widjaya 6. Djangkep budhi santoso 7. gustav Afdhol husein 8. widodo eko rijanto
Manajemen juga melakukan investasi secara cermat dan bertahap pada kapasitas produksi untuk memenuhi permintaan komponen baru dari segmen pasar pabrikan, dan produkproduk unggulan dari segmen pasar suku cadang pengganti. penyempurnaan praktik tata kelola perusahaan yang baik atau good corporate governance (gCg) berdampak positif pada kinerja perusahaan secara keseluruhan. Dalam mengelola bisnis perusahaan, Direksi memperhatikan keseimbangan kepentingan seluruh pemangku kepentingan (stakeholder) yang didukung dengan program kerja, diantaranya pengelolaan resiko perusahaan serta audit internal yang secara rutin dilakukan untuk memonitor tingkat kepatuhan operasional terhadap standar dan peraturan. penerapan etika bisnis dan etika kerja dalam setiap kegiatan karyawan juga menjadi perhatian perseroan. Demikian juga dengan sosialisasi budaya perusahaan ke segenap jajaran karyawan, kegiatan tersebut telah dilakukan guna menumbuhkan persepsi yang sama dalam mencapai tujuan perusahaan. sebagai bukti peningkatan praktik gCg di lingkungan Astra Otoparts, perseroan pada tahun 2010 berhasil meraih penghargaan the indonesia Corporate governance Award 2010 untuk kategori: best in role of stakeholders, dan mendapat predikat sebagai the trusted Company in gCg implementation in year 2010. Di segmen pemasaran, Astra Otoparts memperkuat dan memperluas jaringan distribusi yang ada dengan memperkenalkan model bisnis perdagangan baru (New Trading Business Model) yang dicanangkan awal tahun 2010 untuk mencapai perdagangan yang unggul untuk produk yang tepat pada segmen pasar yang tepat pula. Dengan rantai distribusi yang kuat, citra merek terus ditingkatkan, didukung dengan sistem logistik yang bersinergi dengan segmen manufaktur. sehingga pencapaian segmen pemasaran untuk tahun 2010 mengalami kenaikan 9% dibanding tahun sebelumnya. selaras dengan pencapaian kinerja yang baik dari segi bisnis dan finansial, perseroan juga menjalankan tanggung jawab dalam meningkatkan kinerja lingkup sosial di daerah
The management also made some prudent and gradual investments on production capacity to meet demands for new components from the original equipment for manufacturer and featured products for the replacement market. improvements in good corporate governance (gcg) practices brought about positive impacts on the companys performances as a whole. in managing the companys business, the Board of directors took into account the balance of interests of all stakeholders, which is backed up by programs, including risks management and periodic internal audit to monitor the level of operational compliance of existing standards and regulations. The application of business and work ethics in every employee activity also became the companys concern. So with the socialization of corporate cultures to employees in order to develop a common perception in achieving the companys goals.
As a proof of increased gcg practices in Astra Otoparts group, the company was given The indonesia corporate governance Award 2010 for Best in Role of Stakeholders category, and received the predicate as The Trusted company in gcg implementation in year 2010.
in the trading segment, Astra Otoparts reinforced and expanded existing distribution network by launching a new trading business model in early 2010 to achieve exellent trading for rights products in the right market segment. with a strong distribution chain in place, branding continued to be improved, supported by a logistics system that synergized well with the manufacturing segment. it was therefore, the achievement of trading segment in 2010 experienced an increase of 9% compared to previous year.
Following good performances from the business and financial point of view, the company also did its responsibility to increase social performance in its area of operation. in carrying out its
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operasinya. Dalam menjalankan program tanggung jawab sosial (Csr), Astra Otoparts mengadopsi konsep Astra friendly Company (AfC) dan Astra green Company (AgC). untuk program AfC, Astra Otoparts secara rutin berkontribusi pada peningkatan kesejahteraan masyarakat di lingkungan sekitar melalui berbagai progam, seperti pemberian pinjaman bergulir pada sektor usaha mikro dan kecil, pemberian bantuan kepada korban bencana alam, pemberian bantuan di bidang pendidikan, serta pelaksanaan program pendidikan anak usia dini (pAuD). Meski berhasil menjadi 1-trillion-rupiah Company, Astra Otoparts dan anak perusahaannya tidak boleh berpuas diri. berbagai tantangan siap menghadang perseroan di tahun-tahun yang akan datang. perseroan harus melakukan persiapan yang matang dan landasan yang lebih kuat dibandingkan tahun-tahun sebelumnya. pada tahun ini, Direksi dan seluruh jajaran manajemen perseroan maupun anak perusahaan telah mempertegas visi perseroan menjadi world Class Auto parts supplier, partner of Choice in indonesia with excellent engineering Competence. untuk menjadi pemasok komponen otomotif kelas dunia dan mitra pilihan utama para prinsipal dan rekan bisnis lain di indonesia, Astra Otoparts membutuhkan kompetensi engineering yang unggul, baik dalam segmen manufaktur maupun pemasaran yang juga diharapkan mempunyai engineering knowledge terhadap produk suku cadang pengganti. Dalam upaya mewujudkan visi Astra Otoparts tersebut, perseroan dan anak perusahaan secara konsisten memperkuat unsur pemberdaya (enabler) sebagai pondasi pilar-pilar perencanaan dengan membangun sumber daya manusia yang memiliki kemampuan engineering yang unggul dan implementasi sistem informasi teknologi yang terpadu untuk mendukung aktivitas inti perseroan. perseroan juga harus
corporate social responsibility (cSR) programs, Astra Otoparts adopted concepts of Astra Friendly company (AFc) and Astra green company (Agc). For AFc programs, Astra Otoparts routinely contributes to efforts the enhancement of the living standard of people in the neighbourhood through various programs such as providing revolving funds for micro and small businesses, donation to victims of natural disasters, education aid, and assistance of the education program for early childhood (pAud).
Although it succeeded in becoming a 1-Trillion-Rupiah company, Astra Otoparts and its subsidiaries/affiliated companies must not be complacent. challenges are ready to confront the company in years to come. The company must make a thorough preparation and stronger foundation compared to previous years. This year, the Board of directors and all management staff of the holding and its subsidiaries/ affiliated companies have reaffirmed the companys vision: world class Auto parts Supplier, partner of choice in indonesia with excellent engineering competence. To become a world-class automotive component supplier and partner of choice of both principals and other business partners in indonesia, Astra Otoparts needs superior engineering competences, both in the manufacturing and trading segment, which is also expected to possess engineering knowledge for after market products.
in a bid to materialize its vision, Astra Otoparts and its subsidiaries consistently reinforce the enablers as foundations of planning pillars by developing its human resources so they possess superior engineering capabilities and implement an integrated information technology system to support the companys core activities. The company must also continue sosializing Astra Otoparts core values trustworthy
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melanjutkan sosialisasi nilai-nilai dasar Astra Otoparts terpercaya dan handal, fokus pada pelanggan, semangat keprimaan, dan kerja sama yang diyakini menjadi pengikat serta kunci sukses perseroan dan seluruh anak perusahaan. landasan strategis yang telah dicanangkan perseroan dan program kerja tahunan serta penetapan key performance indicator sebagai tantangan kreatif dilakukan secara konsisten dan komitmen penuh dari direksi dan segenap jajaran manajemen. sepanjang tahun kinerja perseroan dan karyawan di semua lini dikaji terus-menerus dengan menggunakan metode plan-Do-Check-Action dengan tetap melihat pada peluang pertumbuhan bisnis. perbaikan kondisi ekonomi dan politik ke arah yang lebih stabil akan mendorong persaingan yang lebih ketat selama tahun 2011. Namun, perseroan berkeyakinan landasan yang kokoh dan strategi tepat dari Direksi dan seluruh jajaran manajemen anak perusahaan, termasuk persiapan dari segi finansial maupun persiapan kapasitas dengan melakukan investasi dan ekspansi usaha yang bijak, akan membuat Astra Otoparts mampu mencapai hasil yang lebih baik di tahun mendatang. semangat Can Do, Never give up mindset, serta penguatan sistem manajemen bukan saja target-oriented tetapi juga process-oriented dan marketing-oriented harus terus ditingkatkan. pada kesempatan ini, Direksi dan manajemen perseroan dan anak usahanya mengucapkan terima kasih atas dedikasi, loyalitas, dan kerja keras dari segenap karyawan; kepercayaan dari mitra kerja serta pelanggan produk Astra Otoparts. tak lupa, Direksi juga berterima kasih kepada Dewan komisaris yang telah memberikan arahan-arahan strategis; serta kepada segenap pemegang saham perseroan atas kepercayaan dan kesempatan yang telah diberikan kepada seluruh Direksi dan karyawan perseroan. Dukungan dan kepercayaan tersebut, kami yakini akan terus diberikan di tahun 2011 dan tahun-tahun mendatang, sehingga Astra Otoparts semakin berkembang dan terus berkontribusi terhadap pembangunan bangsa dan negara. kiranya tuhan yang Maha esa senantiasa memberkati usaha dan kerja keras kita.
and reliable, customer-focused, striving for excellence, and teamwork which are believed to be binders and a key for success of the company as well as its subsidiaries.
Strategic foundations launched by the company and yearly planning as well as the adoption of key performance indicator as creative challenges are implemented consistently and with the full commitment of Board of directors and all management staff. Throughout the year, the performance of both the company and employees are assessed continuously using the plan-do-check-Action method, while continue to look for business growth opportunities. The favorable of economic and political conditions toward a more stabilized condition will encourage tighter competition throughout 2011. however, the company is convinced that strong foundation and right strategies to be introduced by the Board of directors and all management staff of its subsidiaries, including financial and capacity preparations through prudent investment and expansion, will enable Astra Otoparts to achieve better results in years ahead. The can do, never give up mindset, as well as reinforcement of the management system not only target-oriented but also process-oriented and marketing-oriented, must continue to be increased.
Finally, on this occasion, the Board of directors and management staff of both the holding and subsidiaries/ affiliated companies are grateful for the dedication, loyalty, and hard work of all employees; trust from business partners and customers of Astra Otoparts. The Board of directors appreciates also to the Board of commissioners for giving strategic guidance, and to all Shareholders for the trust and opportunity given to all members of Board of directors and employees. we believe that you would continue to extend your support and trust to us throughout 2011 and beyond so Astra Otoparts grows bigger and continue to give contribution to the countrys development.
jakarta, April 2011 Atas nama Direksi, On behalf of the Board of directors
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Siswanto Prawiroatmodjo
presiden Direktur/president director warga negara indonesia, lahir tahun 1954. presiden Direktur pt Astra Otoparts tbk. sejak Mei 2009. sejak 2009 hingga saat ini, juga menjabat sebagai presiden komisaris di beberapa anak perusahaan, yaitu pt Aisin indonesia, pt At indonesia, pt Ardendi jaya sentosa, pt Astra komponen indonesia, pt Astra Daido steel indonesia, pt Denso indonesia, pt fsCM Manufacturing indonesia, pt gs battery, pt indokarlo perkasa, pt kayaba indonesia, dan pt Menara terus Makmur. selain itu, sejak 2009 hingga saat ini menjabat sebagai komisaris di pt gemala kempa Daya, pt inti ganda perdana, dan pt wahana eka paramitra. sejumlah jabatan lain yang pernah diembannya di Astra grup adalah sebagai berikut: executive Vice president pt Astra honda Motor (2007 - April 2009), production, engineering & procurement Director pt Astra honda Motor (2001 - 2007), Manufacturing Director pt federal Motor (1997 - 2000), Deputy Operations Director pt federal Motor (1994 - 1996), engineering general Manager pt federal Motor (1990 1993), plant general Manager pt federal Motor (1987 - 1989), production Manager pt federal Motor (1984 1986), Assistant production Manager pt federal Motor (1981-1983), engineering staff pt federal Motor (1978-1980), ketua society of Astra Manufacturing engineering (2005 - 2009), wakil ketua indonesian Motorcycle industry Association (2008-2009). beliau memperoleh Master of business Administration university of southern California, usA, (1990), dan menyelesaikan studi di teknik Mesin institut teknologi sepuluh Nopember surabaya (1978). An indonesian citizen born in 1954. he has served as president director of pT Astra Otoparts Tbk. since May 2009. Since 2009, he has also been holding the position of president commissioner in several subsidiaries, including pT Aisin indonesia, pT AT indonesia, pT Ardendi Jaya Sentosa, pT Astra komponen indonesia, pT Astra daido Steel indonesia, pT denso indonesia, pT FScM Manufacturing indonesia, pT gS Battery, pT indokarlo perkasa, pT kayaba indonesia, and pT Menara Terus Makmur. Since 2009, he has also been a commissioner in pT gemala kempa daya, pT inti ganda perdana, and pT wahana eka paramitra. prior to that, he held several key positions in Astra group, including executive Vice president of pT Astra honda Motor (2007-April 2009), production, engineering & procurement director of pT Astra honda Motor (2001-2007), Manufacturing director pT Federal Motor (1997-2000), deputy Operations director pT Federal Motor (1994-1996), engineering general Manager pT Federal Motor (19901993), plant general Manager pT Federal Motor (1987-1989), production Manager pT Federal Motor (19841986), Assistant production Manager pT Federal Motor (1981-1983), engineering Staff pT Federal Motor (1978-1980), chairman of the Society of Astra Manufacturing engineering (2005-2009), deputy chairman of the indonesian Motorcycle industry Association (2008-2009). he earned his Masters of Business Administration degree from the university of Southern california, uSA, (1990), and graduated from the institut Teknologi Sepuluh nopember Surabaya majoring in Mechanical engineering (1978).
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Darmawan Widjaja
Direktur/director warga negara indonesia, lahir tahun 1964. Direktur pt Astra Otoparts tbk. sejak tahun 2008, Direktur pt Astra graphia tbk. (2007 - 2008), wakil presiden Direktur pt sCs Astragraphia technologies (2007 - 2008), human resources Division pt Astra international tbk. (2006 - 2007), Direktur bank permata tbk. (2006), presiden Direktur Astra Credit Companies (2002 - 2006), Direktur Astra Credit Companies (1991 2002), Manajer Citibank NA, jakarta (1988 1991). lulus dari university of New south wales, Australia, meraih bachelor of science (information system) tahun 1987. An indonesian citizen, born in 1964. darmawan widjaja has become a director of pT Astra Otoparts Tbk. since 2008. previously, he was a director of pT Astra graphia Tbk. (2007 - 2008), Vice president director pT ScS Astragraphia Technologies (2007-2008), human Resources division of pT Astra international Tbk. (2006 - 2007), director of Bank permata Tbk. (2006), president director of Astra credit companies (2002-2006), director of Astra credit companies (19912002), and Manager of citibank nA, Jakarta (19881991). he graduated from university of new South wales, Australia in 1987, majoring in Bachelor of Science (information System).
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Dandy Soelip
Direktur/director warga negara indonesia, lahir tahun 1955. Direktur pt Astra Otoparts tbk. sejak tahun 2008, Direktur pt federal international finance (2007 - 2008), general Manager pt Astra honda Motor (2000 - 2007), kepala Cabang pt Astra international tbk. - hsO semarang (1997 - 1999), kepala Cabang pt Astra international tbk. - hsO Denpasar (1993 - 1996). lulus dari fakultas ilmu pengetahuan kemasyarakatan jurusan Manajemen, universitas katholik Atmajaya tahun 1980. An indonesian citizen, born in 1955. he has become a director of pT Astra Otoparts Tbk. since 2008. previously, he was a director of pT Federal international Finance (2007-2008), general Manager pT Astra honda Motor (2000 - 2007), Branch Manager of pT Astra international Tbk.-hSO Semarang (1997 - 1999), Branch Manager of pT Astra international Tbk. - hSO denpasar (1993 - 1996). he graduated from Atmajaya catholic universitys Faculty of Social Sciences in 1980.
Robby Sani
Direktur/director warga negara indonesia, lahir tahun 1956. Mengawali karirnya di Astra group sejak 1994 dan diangkat sebagai Direktur pt Astra Otoparts tbk. sejak tahun 2008, Direktur pt bank permata tbk. ( 2006 - 2008), Direktur pt serasi Auto raya (2005 - 2006), presiden Direktur pt karsa surya indonesia (2003 - 2005), Direktur & komisaris di beberapa anak perusahaan Astra (2003 - 2008). Meraih gelar Master of laws (ll.M) dari washington College of laws tahun 1987, lulus program Notariat fakultas hukum universitas indonesia tahun 1990 dan sarjana hukum dari fakultas hukum universitas gajah Mada tahun 1981. An indonesian citizen, born in 1956. Robby Sani started his career with Astra group in 1994 and has been appointed as a director of pT Astra Otoparts Tbk. since 2008. his previous positions include director of pT Bank permata Tbk. (2006-2008), director of pT Serasi Auto Raya (20052006), president director of pT karsa Surya indonesia (2003-2005), director & commissioner in several Astra subsidiaries (2003 - 2008). he earned his Master of laws (ll.M) degree from the washington college of laws in 1987, completed the notary program at Faculty of law of the university of indonesia in 1990, and received his Bachelor in law degree from the Faculty of law of gajah Mada university in 1981.
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Tinjauan Operasi
Pertumbuhan ekonomi 2010 yang relatif lebih baik dari tahun sebelumnya mendorong perkembangan bisnis komponen otomotif di tanah air, baik untuk segmen pasar pabrikan (Original Equipment for Manufacturer) maupun segmen pasar suku cadang pengganti (Replacement Market). Pasar kendaraan roda dua meningkat sebesar 26% menjadi 7.372.989 unit, dan roda empat 57% menjadi 764.710 unit. Peningkatan pasar otomotif tersebut berdampak pada produksi maupun penjualan dari Astra Otoparts dan anak-anak usahanya. Segmen pasar pabrikan secara umum mencatat pertumbuhan kinerja penjualan sebesar 32,1%. Segmen pasar suku cadang pengganti juga mengalami kenaikan penjualan sebesar 11,5%. Untuk kinerja penjualan ekspor mengalami kenaikan sebesar 0,15%. Untuk mendapatkan gambaran tentang kegiatan per segmen usaha di Grup Astra Otoparts, berikut ini adalah pelaporan kegiatan usaha per segmen.
Operation Overview
A relatively better economic growth in 2010 prompted growth in the countrys automotive component business, both for the Original Equipment for Manufacturer (OEM) segment and the Replacement Market (REM). Two-wheeled-vehicle market expanded by 26% to reach 7,372,989 units in 2010, while four-wheeled vehicle market grew by 57% to reach 764,710 units in the same year. This automotive market expansion brought positive impacts on both production and sales of Astra Otoparts and its subsidiaries/affiliated companies.
The Original Equipment for Manufacturer segment generally recorded sales growth of 32.1% in 2010, while the Replacement Market or spare parts market experienced sales increase of 11.5%, and the export market by 0.15%.
To get a clearer picture on the performance of Astra Otoparts Group, the following are reports on activities in both the manufacturing and trading segments of its subsidiaries/ affiliated companies.
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Pada tahun 2010, Astra Otoparts dan anak-anak usahanya juga meluncurkan berbagai produk baru untuk segmen pasar pabrikan dan segmen pasar suku cadang pengganti. Berikut ini adalah berbagai anak usaha Astra Otoparts dan produkproduk baru yang dihasilkannya. Astra Otoparts - Divisi Adiwira Plastik Sebagai produsen komponen plastik, divisi Adiwira Plastik dari Astra Otoparts ini terus meningkatkan kemampuan untuk mengembangkan komponen kendaraan, baik untuk segmen OEM maupun segmen REM untuk produk roda dua maupun roda empat. Di sepanjang tahun 2010, divisi ini telah meluncurkan berbagai produk seperti outer mirror untuk kendaraan niaga/truk, left drawer, console box, washer nozzle, dan helm. PT Indokarlo Perkasa Untuk meningkatkan penjualan, maka selama tahun 2010, anak perusahaan yang memproduksi komponen karet ini telah mengembangkan produk tensioner guide untuk kendaraan roda dua. PT Menara Terus Makmur Sebagai produsen komponen forging, pada tahun 2010, PT Menara Terus Makmur mengembangkan produk boss rotor, con race, dan steering stem untuk kendaraan roda dua dan lower ball joint dan rotor untuk kendaraan roda empat. Perusahaan ini juga melakukan inovasi dan mendesain sendiri pantograph jack 0,8T dan screw jack 0,2T.
Throughout many years, Astra Otoparts and its subsidiaries/ affiliated companies launched various new products for both the original equipment for manufacturer and the replacement market segment. The following are few of Astra Otoparts subsidiaries/affiliated companies and their new products in 2010: Astra Otoparts-Adiwira Plastik Division As a producer of plastic components, the Adiwira Plastik Division continued to sharpen its ability to develop new automotive components for the OEM segment and the REM or spare parts segment of both two and four-wheeled vehicles. Throughout 2010, the division launched various products including outer mirror for commercial vehicle/truck, left drawer, console box, washer nozzle, and helmet.
PT Indokarlo Perkasa To increase its revenue, PT Indokarlo Perkasa, a subsidiary producing rubber components, in year 2010 developed tensioner guide for two-wheeled vehicles.
PT Menara Terus Makmur As a producer of forging components, PT Menara Terus Makmur developed in 2010 various products including boss rotor, con race, and steering stem for two-wheeled-vehicles, and lower ball joints and rotors for four-wheeled vehicles. The Company also made some innovations and designed by itself pantograph jack 0.8T and screw jack 0.2T.
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PT FSCM Manufacturing Indonesia Melanjutkan program tahun 2009, FSCM mengembangkan produk drive chain dengan desain yang lebih sederhana dan teknologi baru sebagai upaya menyediakan produk berkualitas dengan harga yang kompetitif pada tahun 2010. PT Century Batteries Indonesia Untuk memenuhi permintaan aki bebas perawatan atau maintenance free yang semakin meningkat dari pelanggan internasional, PT Century Batteries Indonesia mengembangkan produk aki INCOE MF tipe Din untuk pasar ekspor. Setahun sebelumnya, anak usaha Astra Otoparts ini meluncurkan produk aki INCOE MF tipe JIS ke pasar yang sama. PT Astra Nippon Gasket Indonesia Anak perusahaan Astra Otoparts ini telah mengembangkan produk muffler joint melalui proses deep drawing. Selain itu, anak usaha ini juga mengembangkan produk cakram yang sebelumnya diperoleh secara impor. Selain meluncurkan beberapa produk baru, Perseroan juga berhasil meningkatkan pangsa pasar pada beberapa ATPM (Agen Tunggal Pemegang Merek) dan ditunjuk sebagai pemasok komponen untuk tipe kendaraan baru yang akan diproduksi oleh ATPM. Pada tahun 2010, beberapa anak usaha Perseroan mendapatkan penghargaaan sebagai pemasok yang memiliki kinerja terbaik. Pencapaian terbesar Perseroan adalah peningkatan kompetensi yang pada akhirnya menambah jumlah pelanggan
PT FSCM Manufacturing Indonesia Following-up programs of 2009, FSCM developed in 2010 Drive Chain products with simpler designs using latest technology as part of efforts to provide high quality products with competitive prices. PT Century Batteries Indonesia In order to meet the rising demands for maintenance-free batteries from international consumers, PT Century Batteries Indonesia developed a battery product namely INCOE MF Type Din for export. One year earlier, the subsidiary launched battery called INCOE MF Type JIS to the same market.
PT Astra Nippon Gasket Indonesia This Company developed muffler joint which use deep-drawing process. PT Astra Nippon Gasket Indonesia also developed disc products that were previously imported.
Aside from launching new products, the Company also expanded its market share among ATPMs and was appointed as component supplier for new vehicle types to be produced by ATPMs. In 2010, several subsidiaries/affiliated companies received awards as best performance supplier. The biggest achievement of the Company in 2010 was competence improvement, which in the end would increase the number of customers who trust the Company as their business partner and an increase in number of featured
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yang mempercayai Perseroan sebagai mitra bisnis mereka dan bertambahnya jumlah produk unggulan. Seiring bertambahnya kepercayaan pelanggan, Perseroan diharapkan bisa menjadi mitra pilihan bagi pelanggan. Kesuksesan ini datang bukan tanpa kendala. Bahkan tahun 2010 dirasakan sebagai tahun yang penuh tantangan dengan masuknya komponen otomotif murah dari luar negeri, seperti China, India, dan Korea Selatan, seiring dengan berlakunya ASEAN-China Free Trade Area (ACFTA) pada 1 Januari 2010. ACFTA menghapus biaya masuk beberapa komponen otomotif dari China. Kenaikan harga bahan baku dan tarif dasar listrik juga menjadi tantangan tersendiri bagi Astra Otoparts dan anak-anak usahanya. Selera konsumen pun mulai berubah; mereka cenderung memilih mobil murah untuk kendaraan roda empat dan motor matik untuk kendaraan roda dua. Perseroan berupaya melakukan penyesuaian yang diperlukan sehingga dapat memberikan respons yang baik terhadap perubahan tersebut. Beruntung Perseroan telah mengantisipasi kendala tersebut dengan inovasi dan perbaikan di dalam aktifitas sehari-hari sehingga mencapai QCD yang memiliki standar internasional. Perseroan juga menerapkan pola pikir mampu berbuat atau can-do mindset untuk melakukan perubahan.
products. Following an increase in customers confidence, the Company is expected to become the partner of choice.
However, the success was not without problems. In fact, year 2010 was considered to be full of challenges due to the arrival of cheap automotive componets from neighboring countries such as China, India, and South Korea, following the implementation of the ASEAN-China Free Trade Area (ACFTA) on January 1. Among other things, ACFTA scrapps import tariffs for some automotive components from China. An increase in the price of raw materials and electricity tariffs posed certain challenges to Astra Otoparts and its subsidiaries/ affiliated companies. Consumers taste started to change; They tend to choose low cost vehicles for cars and matic for motorcycle. The Company tried to adjust this situation in order to provide a good response to these changes.
Fortunately, the Company had anticipated those problems through innovation and improvements in daily operations so as to meet the international QCD standard. The Company also implemented can-do mindset in order usher in changes.
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Domestic Market
Throughout 2010, the revenue of Astra Otoparts and its subsidiaries/affiliated companies in domestic market for both original equipment for manufacturer and replacement market segment rose by 21.5%. For outside Java and Bali areas, Astra Otoparts-Domestic Division synergized with 66 main dealers, while for the Java and Bali area, the Company does itself the sales directly to retailers.
Products marketed by Astra Otoparts-Domestic Division included: a. Batteries: GS, Incoe, and Aspria b. Spare parts for motorcycles: Aspira, Federal, and Kayaba c. Spare parts for four-wheeled vehicles: Aspira, Kayaba, and TDW
Replacement Market
Tighter competition in both domestic and overseas markets pushed the Company to apply a number of strategies to stay competitive in the market. Since 2010, the Company has formulated the Strategic Marketing Framework covering product strategy, price, promotion, and place of all products marketed by the Company. The result was that the revenue
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pertumbuhan penjualan di segmen suku cadang pengganti mencapai 11,5% dibanding tahun lalu. Secara berkesinambungan, Perseroan tetap melakukan pengembangan produk yang mempunyai potensi pasar dan memberikan nilai tambah bagi Perseroan beserta seluruh jaringan distribusinya. Program promosi ditingkatkan untuk mendidik konsumen tentang pengetahuan terhadap produk (product knowledge) dan meningkatkan citra merek (brand image) dari Astra Otoparts. Perseroan tetap melanjutkan dan memperkuat kesadaran masyarakat akan pentingnya menggunakan produk asli melalui program promosi aki GS-ASTRA. Promosi melalui iklan di TV, radio, media cetak pun terus ditingkatkan, seiring dengan peningkatan program push untuk meningkatkan kesetiaan dari diler, toko pengecer dan pengguna langsung melalui pemberian insentif ke diler dan undian berhadiah bagi konsumen. Perseroan juga mengembangkan jaringan untuk memperkuat dan meningkatkan efektifitas distribusi yang ada dan menambah jaringan distribusi baru. Pada tahun 2010, Perseroan menambahkan satu kantor penjualan di Surabaya, Jawa Timur.
in the replacement market segment grew by 11.5% in 2010 compared to last year. The Company continuously developed products that meet market demand and give added value to the Company and its distribution network as a whole.
Promotion programs were also intensified to educate consumers on product knowledge and enhance brand image of Astra Otoparts. The Company continued to pursue and strengthen peoples awareness on the importance of using original spare parts only through massive promotions of GSAstra battery. Promotions through TV, radio, and print media were stepped up in line with so-called push programs aimed at enhancing the loyalty of dealers, retailers, and end users by giving incentives to dealers and raffles to end users.
The Company also strengthened its network and enhance effectiveness of existing distribution channels as well as add new distributionnetwork. In 2010, the Company added one sales office in Surabaya, East Java.
Logistics Support
In order to have excellent trading business model, Astra Otoparts badly needs logistics functions that support its needs for a faster speed to market. And in 2010, the Company made use of an integrated application system for product procurement and distribution in order to meet consumers demand. Astra Otoparts has two warehouses for product distribution throughout Indonesia: the Central Distribution Center (CDC) in Cibitung, West Java, and the Regional Distribution Center
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Perseroan menambah jumlah jaringan Shop&Drive di wilayah Jawa-Bali dari 94 menjadi 117 gerai pada tahun 2010. Layanan pengiriman aki ke rumah (Battery Home Delivery) merupakan wujud dari pelayanan prima ke konsumen, cukup dengan menghubungi call center Shop&Drive di 021-6508844.
Dukungan Logistik
Dalam rangka mencapai model bisnis perdagangan yang prima, Astra Otoparts sangat membutuhkan fungsi logistik yang mendukung tujuan untuk bergerak lebih cepat ke pasar. Pada tahun ini Perseroan menerapkan satu sistem aplikasi yang terintegrasi untuk pengaturan pengadaan dan distribusi produk dalam upaya memenuhi permintaan konsumen. Astra Otoparts memiliki 2 buah pusat gudang penyimpanan untuk mendistribusikan produk-produk ke seluruh wilayah Indonesia yaitu Central Distribution Center (CDC) yang berlokasi di Cibitung dan Regional Distribution Center (RDC) yang berlokasi di Sidoarjo. Produk-produk di CDC didistribusikan ke RDC, depo-depo area Jawa Barat dan Jawa Tengah, serta ke diler-diler di Indonesia bagian barat. Sedangkan produk-produk yang ada di RDC didistribusikan ke depo-depo area Jawa Timur dan Bali, serta ke diler-diler di area Indonesia bagian timur. Tentu saja beberapa aktifitas dalam sistem logistik tetap dimonitor, seperti tingkat stok (stock level) di setiap gudang dan depo, sistem pergudangan yang terdiri dari penerimaan, penyimpanan dan pengeluaran barang, sinkronisasi pengiriman barang, yang didukung dengan biaya penanganan yang kompetitif, dengan tujuan efisiensi dan memudahkan pelanggan memperoleh produk-produk Perseroan.
(RDC) in Sidoarjo, East Java. The products in the CDC are distributed to the RDC, depots in West Java and Central Java, and dealers in the western part of Indonesia, while products in the RDC are distributed to depots in East Java and Bali as well as dealers in the eastern part of Indonesia. All activities in the logistics system are strictly to be monitored such as stock level at warehouses and depots, warehousing system consisting of inbound, storage and outbound logistic, synchronization of goods delivery supported by competitive handling cost for the sake of efficiency and helping customers have access to the Companys products.
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(QCD) practices that meet international standards in order to make the Companys products become more competitive.
Pasar Ekspor
Penjualan ke segmen pasar ekspor dilakukan oleh Astra Otoparts Divisi Internasional dari Jakarta dan beberapa kantor cabang di mancanegara, seperti Singapura, Dubai, dan Australia. Saat ini, produk Astra Otoparts sudah dipasarkan di 49 negara, di kawasan Timur Tengah, Asia Oceania, Afrika, Eropa dan Amerika. Pada tahun 2010, penjualan ke segmen pasar ekspor mengalami kenaikan sebesar 0,15%. Produk yang dipasarkan oleh Astra Otoparts Divisi International meliputi aki, filter, dan sejumlah suku cadang pengganti lainnya. Selama tahun 2010, Divisi International meluncurkan tiga tipe baru aki bebas perawatan (maintenance free) yaitu Din 55, Din 66, dan Din 88 bermerek Incoe untuk kendaraan roda empat.
Export Market
Revenue from export market segment was conducted by Astra Otoparts-International Division in Jakarta and its overseas branch offices in Singapore, Dubai, and Australia. Astra Otoparts products are currently marketed in 49 countries, mostly in Middle East, Asia Oceania, Africa, Europe, and the Americas. Sales of the export market segment grew by 0.15% in 2010. Products marketed by Astra Otoparts-International Division include battery, filter, and several other fast moving parts. Throughout 2010, the International Division launched three new types of maintenance-free batteries for four-wheeled vehicles: Incoe Din 55, Din 66, and Din 88.
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Tinjauan Keuangan
Secara umum kondisi keuangan Perseroan pada tahun 2010 menunjukkan keadaan yang sehat seiring dengan peningkatan industri otomotif yang sangat baik. Perseroan berhasil meningkatkan Pendapatan Bersih secara signifikan sekaligus melakukan efisiensi yang dapat menekan Beban Pokok Pendapatan dan Beban Usaha sehingga menghasilkan pertumbuhan laba bersih yang signifikan dan mencapai suatu titik baru sebagai Perusahaan dengan Laba Bersih diatas satu triliun.
1. Laba Bersih
Perseroan berhasil mencetak kenaikan Laba Bersih sebesar 48,5% dari Rp 768,3 miliar pada tahun sebelumnya menjadi Rp 1,14 triliun. Kenaikan Laba bersih ini disebabkan oleh keberhasilan Perseroan dalam meningkatkan Pendapatan Bersih sekaligus melakukan efisiensi Beban Pokok Pendapatan sebesar 0,5%, dan efisiensi Beban Usaha sebesar 0,7%, sehingga persentase laba usaha terhadap Pendapatan Bersih dari 8,0% menjadi 9,2%. Kenaikan Bagian Laba Bersih Perusahaan Asosiasi dan Jointly Controlled Entities sebesar 49,3% dari Rp 509,8 miliar menjadi Rp 761,2 miliar juga merupakan komponen yang penting atas peningkatan Laba Bersih Perseroan. a. Laba Kotor Perseroan mencatat total laba kotor sebesar Rp 1.152,6 miliar atau meningkat 21,5% dibandingkan tahun sebelumnya sebesar Rp 948,6 miliar. Kenaikan ini disebabkan oleh keberhasilan Perseroan meningkatkan Pendapatan Bersih, dan diikuti dengan program-program efisiensi dalam Beban Pokok Pendapatan. b. Pendapatan Bersih Perseroan mencatat terjadinya peningkatan Pendapatan Bersih tahun 2010 sebesar 18,8% terhadap Pendapatan Bersih tahun sebelumnya dari Rp 5,27 triliun menjadi Rp 6,26 triliun. Peningkatan ini terjadi, terutama seiring dengan peningkatan produksi otomotif domestik yang berdampak pada peningkatan penjualan komponen otomotif Perseroan ke segmen pasar pabrikan atau Industri Otomotif (OEM). Selain itu, Perseroan juga mencatat terjadinya peningkatan penjualan di segmen pasar suku cadang pengganti atau Replacement Market (REM) dan penjualan ekspor. c. Beban Usaha dan Laba Usaha Jumlah Beban Usaha meningkat sebesar 9,6% atau menjadi Rp 579,5 miliar dibandingkan Rp 528,6 miliar pada tahun sebelumnya. Kenaikan beban usaha ini terutama dipicu oleh kenaikan Beban Penjualan sebesar 21,1%, yang berkaitan dengan kenaikan Pendapatan Bersih dan Beban Umum & Administrasi sebesar 3,8%. Pelaksanaan upaya efisiensi operasional Perseroan berhasil menurunkan persentase Beban Usaha terhadap Pendapatan Bersih, dari 10,0% menjadi 9,3%. Kondisi tersebut menyebabkan naiknya Laba Usaha sebesar 36,5%, yaitu dari Rp 420,0 miliar menjadi Rp 573,1 miliar.
Financial Review
In general, The Company showed a healthy financial performance in 2010, along with automotive industry growth. The Company boosted its Net Revenue significantly and took efficiency program to reduce the Cost of Revenue and Operating Expenses. This led to significant Net Income growth that allowed the Company to reach a new height as a Company with more than Rp 1 trillion in Net Income.
1. Net Income
The Company recorded 48.5% increase in Net Income from Rp 768.3 billion in last year to Rp 1,14 trillion in 2010. This increase partly due to its success to boost Net Revenue and minimizing both the Cost of Revenue by 0.5 % and Operating Expenses by 0.7 %, so that the percentage of Operating Income to Net Revenue rose from 8.0% to 9.2%. A rise in Equity in Net Income of Associates and Jointly Controlled Entities by 49.3% from Rp 509.8 billion to Rp 761.2 billion is also an important component that boosted the Companys Net Income. a. Gross Profit The Company recorded a Gross Profit of Rp 1,152.6 billion, or a 21.5 % increase compared to Rp 948.6 billion recorded last year. This increase was due to the Companys ability to boost its Net Revenue, followed by a series of the efficiency programs to minimize the Cost of Revenue. b. Net Revenue The Net Revenue of Astra Otoparts rose by 18.8% from Rp 5.27 trillion in 2009 to Rp 6.26 trillion in 2010. The increase was due to, primarily, the rise of domestic automotive production which led to boost automotive parts sales to the Original Equipment Manufacturer (OEM). The Company also recorded a sales increase in Replacement Market (REM), as well as Exports Market.
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d. Bagian Laba (Rugi) Bersih Perusahaan Asosiasi dan Jointly Controlled Entitites Perseoran mencatat kenaikan signifikan Bagian Laba Bersih Perusahaan Asosiasi dan Jointly Controlled Entities sebesar 49,3% dari Rp 509,8 miliar pada tahun sebelumnya menjadi Rp 761,2 miliar pada tahun 2010. Kontribusi peningkatan Bagian Laba Bersih Perusahaan Asosiasi dan Jointly Controlled Entities tahun 2010 terutama berasal dari Perusahaan Asosiasi yang memproduksi shock absorber, clutch disc/clutch cover, door frame, door lock, brake system (disc & drum), rear axle, propeller shaft, automotive & motocycle battery, air conditioner, compressor, spark plug, radiator, alternator, stick coil, gasket, dan engine valve. Kenaikan Bagian Laba Bersih Perusahaan Asosiasi dan Jointly Controlled Entities juga dipicu dari peningkatan industri otomotif, dan usaha-usaha efisien sehingga menurunkan Beban Pokok Pendapatan dan Beban Usaha pada Perusahaan-Perusahaan tersebut.
c. Operating Expenses and Income The total Operating Expenses rose by 9.6 % to Rp 579.5 billion in 2010, compared to Rp 528.6 billion in previous year. The increase of the expenses was due to the rise in Sales Expenses and General and Administrative Expenses by 21%, which related to increase of Net Revenue and 3.8% respectively. The efficiency measures lowered the percentage of Operating Expenses in Net Revenue from 10.0% in the previous year to 9.03% in 2010. Consequently, the Operating Income rose by 36.5% from Rp 420 billion to Rp 573.1 billion. d. Equity in Net Income of Associates and Jointly Controlled Entities The Company recorded a significant increase of 49.3 %in the Equity in Net Income of Associates and Jointly Controlled Entities from Rp 509.8 billion in the previous year to Rp 761.1 billion in 2010. The income among others mostly originated from affiliated companies that produce shock absorbers, clutch discs/ clutch covers, door frame, door lock, brake systems (disc and drum), rear axles, propeller shafts, automotive & motorcycle batteries, air conditioners, compressors, spark plug, radiators, alternators, stick coils, gaskets, and engine valves. The Increase in Equity in Net Income of Associates and Jointly Controlled Entities also triggered from automotive industry growth, and together with the efficiency program thereby reducing Cost Of Revenue and Operating Expenses in these Companies.
2. Aset
Jumlah Aset Perseroan pada tahun 2010 mencapai Rp 5,6 triliun yang terdiri dari Aset Lancar sebesar Rp 2,2 triliun dan Aset Tidak Lancar senilai Rp 3,4 triliun. Jumlah Aset tersebut meningkat sebesar 20,3% dibandingkan dengan jumlah Aset pada tahun 2009 sebesar Rp 4,6 triliun. a. Aset Lancar Perseroan mencatat kenaikan nilai Aset Lancar sebesar 3,2% menjadi Rp 2,2 triliun dibandingkan dengan jumlah Aset Lancar
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pada tahun sebelumnya senilai Rp 2,1 triliun. Kenaikan ini terutama pada piutang usaha, persediaan,dan pembayaran dimuka lainnya, yang seluruhnya meningkat sebesar Rp 356,8 miliar tetapi di sisi lain terjadi penurunan kas dan setara kas sebesar Rp 288,4 miliar yang diakibatkan oleh peningkatan investasi. b. Aset Tidak Lancar Perseroan mencatat kenaikan Aset Tidak Lancar sebesar Rp 872,5 miliar atau 34,7% dari Rp 2,5 triliun pada tahun sebelumnya menjadi Rp 3,4 triliun pada tahun 2010. Kenaikan ini dipengaruhi terutama oleh kenaikan investasi pada perusahaan asosiasi dan jointly controlled entities senilai Rp 538,7 miliar dan kenaikan aset tetap senilai Rp 288,3 miliar.
2. Assets
The total Assets of the Company in 2010 reached Rp 5.6 trillion, consisting of Current Assets of Rp 2.2 trillion and NonCurrent Assets of Rp 3.4 trillion. The total Asset jumpedby 20.3 % in 2010 compared to the 2009 Assets of Rp 4.6 trillion. a. Current Assets The Company recorded a rise in the Current Assets 3.2% from Rp 2.1 trillion in previous year to Rp 2.2 trillion in 2010. This increase mainly increas of trade receivables, inventories, and other prepaid expenses totally by Rp 356.8 billion. On the other hand, the Company also recorded a lower cash and cash equivalent by Rp 288.4 billion due to increase in investments. b. Non-Current Asset The Company booked an increase of the Non-Current Assets Rp 3.4 trilion or 34.7% from Rp 2.5 trilion in 2010. This was mainly due to the rising amount of the investments by Associates and jointly controlled entities amounting to Rp 538.7 billion, and the increase of fixed assets by Rp 288.3 billion.
4. Arus Kas
a. Arus Kas dari Aktivitas Operasi Perseroan membukukan arus kas bersih dari aktivitas operasi sebesar Rp 374,7 miliar, turun dibandingkan dengan tahun sebelumnya Rp 578,7 miliar. Penurunan ini terutama disebabkan oleh peningkatan pembayaran ke pemasok untuk pembelian persediaan sebagai persiapan mengantisipasi kenaikan harga di tahun depan, sehingga kas yang dihasilkan dari operasi lebih rendah. b. Arus Kas dari Aktivitas Investasi Pengeluaran kas untuk aktivitas investasi mengalami kenaikan menjadi Rp 206,6 miliar dari Rp 34,3 miliar pada tahun sebelumnya. Kenaikan sebesar Rp 172,3 miliar ini terutama disebabkan oleh peningkatan pengeluaran kas yang digunakan untuk perolehan aset tetap. c. Arus kas dari Aktivitas Pendanaan Pengeluaran kas untuk aktivitas pendanaan juga mengalami kenaikan dari Rp 300,7 miliar menjadi Rp 450,4 miliar, yang disebabkan terutama oleh peningkatan pengeluaran kas untuk pembayaran dividen kepada pemegang saham.
4. Cash Flow
a. Cash Flow from Operational Activities The Company booked Rp 374.7 billion in net cash flow from operational activities, lower compared to Rp 578.7 billion in the previous year. The decrease was due to increase of payments to suppliers to purchase inventory to anticipate higher prices next year, thus resulting in lower cash flow from operational activities. b. Cash Flow from Investment Activities The cash expenditure for investment activities rose to Rp 206.6 billion from Rp 34.4 billion in the previous year. The Rp 172.3 billion increase was mainly due to higher cash expenditure for acquiring fixed asset. c. Cash Flow from Funding Activity The cash flow from funding activities also increased from
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5. Informasi Keuangan Yang Telah Dilaporkan Yang Mengandung Kejadian Yang Sifatnya Luar Biasa dan Jarang Terjadi
Di sepanjang tahun 2010 tidak ada informasi keuangan yang telah dilaporkan yang mengandung kejadian yang sifatnya luar biasa dan jarang terjadi.
Rp 300.7 billion in 2009 to Rp 450.4 billion 2010 mainly due to higher cash dividend payments to shareholders
6. Kebijakan Deviden
Sesuai dengan keputusan RUPS tahunan tanggal 20 Mei 2010, atas laba bersih Perseroan tahun buku 2009 sebesar Rp 768,3 miliar, Perseroan membagikan dividen tunai sebesar Rp 598 per saham atau Rp 461,1 miliar, yaitu sekitar 60% dari laba bersih Perseroan, dengan perhitungan sebagai berikut: Sebesar Rp 120 (seratus dua puluh rupiah) per saham telah dibayarkan sebagai dividen interim pada tanggal 11 Nopember 2009 Sebesar Rp 478 (Empat ratus tujuh puluh delapan rupiah) per saham merupakan dividen final yang telah dibayarkan pada tanggal 31 Juni 2010. RUPS Tahunan tanggal 20 Mei 2010 telah memberikan kewenangan kepada Direksi Perseroan untuk melaksanakan pembagian dividen tunai tersebut, dan Direksi telah melaksanakan penugasan tersebut dengan baik. Pada tanggal 7 Oktober 2010, Perusahaan mengumumkan dividen kas interim untuk tahun buku 2010 sebesar Rp 121,8 miliar atau Rp 158 (seratus lima puluh delapan rupiah) per saham. Dividen tersebut dibayarkan pada tanggal 4 November 2010. Selama 5 (lima) tahun terakhir, kebijakan dividen Perseroan dapat dilihat pada tabel di bawah ini:
6. Dividend Policy
The Annual General Meeting of Shareholders (AGMoS) on May 20, 2010 decided that the Company will pay Rp 598 per share or Rp 461.1 billion as dividends, approximately 60% of Company Net Income, with the following details: Rp 120 (one hundred twenty rupiah) per share has been paid as interim dividends on November 11, 2009 Rp 478 (four hundred seventy eight rupiah) per share is a final dividend paid on June 31, 2010.
The Annual GMoS on May 20, 2010 authorized the Board of Directors to execute cash dividend disbursement and the Board of Directors had executed the mandate accordingly.
On October 7, 2010, the Company declared an interim cash dividend for book year 2010 amounting Rp 121.8 billion or Rp 158 (one hundred fifty eight rupiah) per share. The dividend was paid on November 4, 2010. The following table shows dividend policies in the past 5(five) years:
2006
57.837
2007
181.222
2008
226.720
2009
461.152
100
28%
75
21%
235
40%
294
40%
598
60%
7. Conflict-of-Interest Transactions
To avoid any conflict of interests, Commissioners and Directors who have interests over a transaction with the Company are not allowed to sign the approval letter or documents regarding transactions in which they have interests. Additionally, the Board of Commissioners and Directors periodically fill up and sign a Special List (managed by the Corporate Secretary), stating their share ownership in the Company or other companies (if any) and business relationship in the Company on behalf of their names or families.
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Sekretaris Perusahaan), yang mengungkapkan kepemilikan saham di Perseroan atau perusahaan lain (jika ada) dan hubungan bisnis atas nama Komisaris dan Direktur dan keluarga yang bersangkutan dengan Perseroan. Sepanjang tahun 2010 tidak ada transaksi Perseroan yang mengandung benturan kepentingan.
8. Significant Regulation
There was no significant regulation that impacts the Company in 2010.
9. Kebijakan Akuntansi
Sejak tanggal 1 Januari 2010, Perusahaan dan anak perusahaan telah mengadopsi kebijakan akuntansi baru sehubungan dengan implementasi Pernyataan Standar Akuntansi Keuangan (PSAK) 50(Revisi 2006), Instrumen Keuangan: Penyajian dan Pengungkapan dan PSAK 55 (Revisi 2006), Instrumen Keuangan: Pengakuan dan Pengukuran. PSAK ini diterapkan secara prospektif, oleh karena itu tidak terdapat penyajian kembali pada informasi pembanding. Kebijakan akuntansi dalam penyusunan laporan keuangan ini terdapat pada Laporan Keuangan Konsolidasian yang telah diaudit oleh Akuntan Publik.
9. Accounting Policy
Starting from 1 January 2010, the Company and subsidiaries have adopted the following new accounting policies relating to the implementation of SFAS 50 (Revised 2006),Financial Instruments: Presentation and Disclosure and SFAS 55 (Revised 2006),Financial Instruments: Recognition and Measurement. These SFAS are applied prospectively and therefore there is no restatement to the comparative information.
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Komitmen GCG
Dalam menjalankan usahanya, Astra Otoparts selalu menerapkan prinsip good corporate governance (GCG). Perseroan berkeyakinan bahwa tata kelola perusahaan yang baik dapat meningkatkan nilai pemegang saham dan pemangku kepentingan lainnya. Lebih dari itu, Perseroan juga menyadari pengelolaan perusahaan yang baik menjamin pertumbuhan berkelanjutan perusahaan. Karena itu Perseroan berkomitmen penuh untuk mengembangkan budaya perusahaan yang sejalan dengan prinsip-prinsp GCG dan menerapkannya dalam setiap kegiatan dan operasi. Prinsip-prinsip GCG yang dikembangkan dan diterapkan di Astra Otoparts mengacu pada Undang-Undang No. 40 tahun 2007 tentang Perseroan Terbatas, Pedoman Umum Good Corporate Governance Indonesia yang dikeluarkan oleh Komite Nasional Kebijakan Governance serta pedoman dan praktik yang hidup di lingkungan Astra Group yakni Astra International Good Corporate Governance Code of Conduct yang selama ini dikenal menjalankan GCG secara konsisten, serta referensi akademis maupun praktik-praktik terbaik di dunia bisnis.
Commitment in GCG
Astra Otoparts always implements good corporate governance (GCG) principles in running its business. The Company believes that GCG can boost the value of the shareholders and other stakeholders. More than that, the Company realizes that GCG ensures its sustainable growth. Therefore, the Company is fully committed to formulating corporate cultures in line with GCG principles and implementing them in daily Companys operations.
GCG principles developed and implemented by Astra Otoparts refer to Law No. 40, 2007 on limited liability Company, General Guidelines on Good Corporate Governance in Indonesia issued by the National Committee on Governance Policy, living practices within Astra Group, which has been cited for consistently implementing GCG principles known as Astra International Good Corporate Governance Code of Conduct, and academic references as well as good practices in the business community.
Prinsip-Prinsip GCG
Undang-undang Perseroan mewajibkan perusahaan menerapkan prinsip-prinsip good corporate governance, tetapi bagi Astra Otoparts tata kelola perusahaan yang baik lebih dari sekedar memenuhi peraturan perundang-undangan. GCG berlandaskan pada standar etika tertinggi dan merupakan salah satu persyaratan mutlak agar usaha Perseroan tumbuh berkelanjutan. Dalam menerapkan prinsip-prisip GCG, manajemen dan karyawan Perseroan mengacu pada lima prinsip dasar yaitu transparansi, akuntabilitas, responsibilitas, independensi, dan kewajaran. 1. Transparansi Astra Otoparts selalu menerapkan prinsip transparansi dan keterbukaan dalam memberikan informasi relevan mengenai perusahaan kepada masyarakat luas. Dalam menjalankan
GCG Principles
The limited liability Company law requires companies to implement good corporate governance principles, while for Astra Otoparts, GCG is more than just complying with the rules and regulations. GCG, for Astra Otoparts, is based on the highest standard of ethics and a prerequisite for a Company to have sustainable growth. In implementing GCG principles, the management and employees refer to five basic principles: transparency, accountability, responsibility, independency, and fairness.
1. Transparency Astra Otoparts always implement transparency and openness in disclosing information relevant to the Company to the public at large. In applying this principle, the Company always maintains
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prinsip ini, Perseroan selalu menjaga kualitas informasi keuangan dan nonkeuangan yang diberikan kepada berbagai pihak yang berkepentingan. Perseroan menerapkan prinsip keterbukaan ini antara lain dalam: Penyusunan dan penjelasan kepada publik rencana bisnis tahunan; Laporan tahunan; Laporan keuangan berkala yang meliputi laporan keuangan tahunan, tengah tahunan, dan triwulanan; Laporan-laporan lain yang wajib disampaikan oleh Perseroan sebagai perusahaan publik; Pemanfaatan situs internet untuk menyampaikan informasi kepada pemegang saham dan pemangku kepentingan lainnya. 2. Akuntabilitas Astra Otoparts menjalankan prinsip akuntabilitas dengan memastikan kejelasan fungsi, pelaksanaan dan pertanggungjawaban masing-masing organ dan seluruh jajaran Perseroan sehingga pengelolaan Perseroan terlaksana secara efektif. Prinsip akuntabilitas ini antara lain dilakukan dengan pembagian tugas yang jelas antar organ Perseroan, termasuk dengan memerinci tugas dan wewenang Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi, serta ukuran kinerjanya. 3. Tanggung Jawab Perseroan memahami pertanggungjawaban sebagai kesesuaian di dalam pengelolaan Perseroan dengan peraturan perundang-undangan yang berlaku dan prinsip-prinsip korporasi yang sehat.
the quality of both financial and non-financial information given to various parties concerned.
The Company implements the openness principle in, among things: Developing and communicating of business plan to public Annual Report Periodic financial reports: annual, mid-year, and quarterly financial reports Other reports required of the Company as a listed Company Utilization of website to disseminate information to shareholders and other stakeholders
2. Accountability Astra Otoparts applies accountability principle by ensuring clarity of function, implementation and accountability of each organ and all employees so management of Company can take place effectively.
Accountability principle is implemented by, among others, making a clear division of authority among corporate organs, including by detailing the duty and authority of the Shareholders Meeting (GMOS), Board of Commissioners, and Board of Directors, along with their performance measurements. 3. Responsibility Astra Otoparts understands responsibility as conformance in the management of the Company with existing rules and regulation and principles of a healthy Company.
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The Company applies responsibility principle by, among others: Complying with the Companys Article of Association and existing laws on the way the Company conducts its activities; Fulfilling tax obligation in good and timely manner Carrying out its corporate social responsibility (CSR) programs Meeting its obligation of disclosure in accordance with the capital market regulation
4. Independency Directors and all corporate organs are independent and work without intervention from shareholders or Company Commissioners. The Company works professionally without conflict of interest and influence or pressure from any party that violate existing regulations and principles of a healthy Company. For Astra Otoparts, independence encourages professionalism and creativity in managing the Company.
Astra Otoparts implements the independence principle as follows: Mutually respecting the rights, duties, tasks, and authorities as well as responsibilities of corporate organs Shareholders and Board of Commissioners are not allowed to interfere in Company management Board of Commissioners, Board of Directors, and employees always avoid conflict of interests in taking a decision Company activities that may contain conflict of interests must secure prior approval from independent shareholders or their authorized representatives in a Shareholders Meeting and must comply with capital market regulations on conflict of interests Implement policies and systems that minimize conflict of interests, in employment policy, procurement, and finance
5. Fairness Astra Otoparts understands the fairness principle as equality in the fulfillment of stakeholders rights that exists as a result of an agreement and/or existing laws. The Company and its organs ensure that every stakeholder receives just treatment in accordance with existing laws. The Company is committed to treating each employee justly and free of any prejudice that may arise due to differences in races, religions, origins, genders, or other aspects that are not relevant to performance.
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Struktur GCG
Organ utama GCG adalah: Rapat Umum Pemegang Saham (RUPS) sebagai forum pengambilan keputusan tertinggi bagi Pemegang Saham Perseroan Dewan Komisaris sebagai pengawas jalannya pengelolaan Perseroan oleh Direksi Direksi sebagai pengelola Perseroan Elemen lain yang mendukung struktur tata kelola tersebut adalah Komite Audit yang membantu Dewan Komisaris dalam mengawasi kebijakan keuangan, Sekretaris Perusahaan yang menjadi penanggung jawab untuk efektifitas penerapan Tata Kelola Perusahaan di Perseroan. Organ Direksi juga dibantu oleh Departemen Audit Internal dan Manajemen Risiko.
GCG Structure
The main organs of GCC are: General Meeting of Shareholders (GMoS) as the highest decision-making forum for Shareholders Board of Commissioners as Companys supervision Board of Directors as Companys management
Other elements that support the governance structure are: Audit Committee that assists the Board of Commissioners in supervising financial policies; Corporate Secretary as the person in charge for the effectiveness of GGC implementation. The Board of Directors is also supported by the Internal Audit and Risk Management Departments.
GMoS consists of Annual GMoS and Extraordinary GMoS. In 2010, the Company held one (1) annual GMoS and no extraordinary GMoS. The annual GMoS was done on May 20, 2010 with the highlights of decisions as follows: 1. Approved the Annual Report, including the Board of Commissioners Oversight Report and the Companys Financial Statement, which has been audited by the Haryanto Sahari & Partners public accountant with fair statement and grant full acquittal and dismissal of responsibilities to the BoC and BoD.
2. Decided use of the Companys 2009 net profit of Rp 768,264,686,412 (seven hundred sixty eight billion two hundred sixty four million six hundred eighty six thousand and four hundred twelve rupiah) as follows: a. Pay out cash dividends for 2009 fiscal year Rp 461,152,053,440 or equal to 60% of 2009 net profit or Rp 598 per share with the following calculations:
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3. Appointed the following as members of the Board of Commissioners up to the closing of 2011 Annual Shareholders Meeting: 1. Johnny Darmawan Danusasmita, President Commissioner 2. Widya Wiryawan, Vice President Commissioner 3. Muhammad Chatib Basri, Independent Commissioner 4. Bambang Trisulo, Independent Commissioner 5. Patrick Morris Alexander, Independent Commissioner 6. Simon Collier Dixon, Commissioner 7. Chiew Sin Cheok, Commissioner 8. Sudirman Maman Rusdi, Commissioner 9. Eduardus Paulus Supit, Commissioner 10. Leonard Lembong, Commissioner 4 .a. Granted authority to BoC to determine and decide remunerations and/or allowances of the Board of Directors b. Decide the remuneration of BoC with the maximum amount of Rp 2,275,000,000 (two billion two hundred seventy five million rupiah) per annum before income tax deduction that is effective by the month of May 2010 and grant authority to President Commissioner to decide on the distribution.
5. Granted authority to BoD with the approval of BoC to appoint Public Accountant to audit the Companys 2010 Financial Report and gave authority to the BoD to determine the fee of the respective Public Accountant. Decisions of the 2010 General Meeting of Shareholders have been reported to relevant authorities in accordance with existing laws and published through the Companys website at http:// www.component.astra.co.id.
Board of Commissioners
The Board Commissioners is collectively responsible to supervise the Companys management and gives advice to Board of Directors for the Companys best interest. The BoC is responsible to ensure that in any circumstances the Board of Directors discharges its duties accordingly. The duties of BoC include: Supervising the Companys management by the BoD and advising BoD on business plan, activity plan, annual budget, implementation of the article of association, and decisions of GMoS as well as compliance with existing laws Monitoring and evaluating the implementation of GCG principles Reviewing and elaborating the annual report prepared by the Board of Directors and sign the report if the BoC agrees with
Dewan Komisaris
Dewan Komisaris bertanggung jawab secara kolektif untuk melakukan pengawasan terhadap pengelolaan Perseroan dan memberikan nasihat kepada Direksi demi kepentingan Perseroan. Dewan Komisaris bertanggung jawab memastikan agar Direksi dalam kondisi apapun memiliki kemampuan menjalankan tugasnya. Tugas Dewan Komisaris antara lain: Melakukan pengawasan terhadap pengurusan Perseroan yang dilakukan Direksi serta memberikan nasihat kepada Direksi terhadap rencana pengembangan Perseroan, rencana kerja dan anggaran tahunan Perseroan,
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Rapat Dewan Komisaris dan Direksi Attendance in Meetings of BoC and BoD
Rapat Dewan Komisaris/boc Meetings Rapat Direksi/boD Meetings board of commissioners Prijono Sugiarto*) johnny Darmawan **) Muhammad chatib basri Patrick Morris alexander bambang Trisulo chew Sin cheok eduardus Paulus Supit Simon john Mawson*) leonard lembong Widya Wiryawan **) Simon collier Dixon **) Sudirman Maman Rusdi **) board of Directors Siswanto Prawiroatmodjo Gustav afdhol Husein Djangkep budhi Santoso Widodo eko Rijanto The Dandy Soelip Darmawan Widjaja ignatius Robby Sani niniek Dhamayanti Supojo
Catatan/Note: *) Berakhir Masa Jabatan Sejak 20 Mei 2010/Ended tenure on May 20, 2010 **) Mulai Menjabat Sejak 20 Mei 2010/Began tenure on May 20, 2010
2 5 4 5 5 2 5 2 4 3 3 2 4 5 5 5 5 4 5 5 23 17 21 20 19 23 21 22
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B. Profil Anggota Komite Audit/Profiles of Audit Committee Members: Patrick Morris Alexander Ketua Warga negara Australia, lahir tahun 1953. Komisaris Independen dan Ketua Komite Audit PT Astra Otoparts Tbk. sejak tahun 2007. Saat ini juga menjabat sebagai anggota Excom Ephindo Energy Pte Ltd., Direktur Pan Asia Resources Corp., Direktur Bengkulu Coal Co. Ltd., Ketua Komite Audit PT Astra International Tbk. (2002 - 2008), dan Komisaris Independen PT Astra International Tbk. (2003 - 2010), Ketua Komite Audit PT Astra Agro Lestari Tbk. (2003 - 2007) dan Komisaris Independen PT Astra Agro Lestari Tbk. sejak 2001. Selain itu menjabat juga sebagai Managing Partner di Batavia Investment Management, sejak 1993. Lulus dari Fakultas Hukum, University of Western Australia. An Australian citizen, born in 1953. He is an Independent Commissioner and Chairman of Audit Committee in PT Astra Otoparts Tbk. since 2007. He is also a member of Excom Ephindo Energy Pte. Ltd., Director in Pan Asia Resources Corp., and Director in Bengkulu Coal Co. Ltd. Previously, he was Chairman of Audit Committee in PT Astra International Tbk. (2002-2008), and Independent Commissioner in PT Astra International Tbk. (2003-2010), Chairman of Audit Committee of PT Astra Agro Lestari Tbk. (2003-2007) and Independent Commissioner of PT Astra Agro Lestari Tbk. since 2001. He is also Managing Partner in Batavia Investment Management since 1993. He graduated from the Faculty of Law, University of Western Australia.
Kanaka Puradiredja Anggota Warga Negara Indonesia, lahir tahun 1944. Anggota Komite Audit PT Astra Otoparts Tbk. sejak tahun 2007. Pendiri dan Mantan Senior Partner KAP Kanaka Puradiredja, Suhartono. Mantan Managing Partner dan Chairman di KPMG Indonesia. Saat ini menjabat sebagai Ketua Dewan Kehormatan Ikatan Komite Audit Indonesia (IKAI), Anggota Dewan Kehormatan Profesional di Risk Management Association dan Wakil Ketua Lembaga Komisaris dan Direksi Indonesia (LKDI). Pernah menjabat sebagai Ketua Majelis Kehormatan IAI (2002- 2010) dan Ketua Dewan Pengurus Ikatan Komite Audit Indonesia (2004-2010). Pernah menjabat juga sebagai anggota Komite Audit di berbagai perusahaan termasuk PT Astra International Tbk. (2002 - 2008), PT Federal International Finance (2004 - 2006), PT Astra Sedaya Finance (2004 - 2008) dan PT Indocement Tbk. (2004 hingga sekarang). Lulusan Fakultas Ekonomi jurusan Akuntansi, Universitas Padjadjaran, Bandung. An Indonesian citizen born in 1944. A member of PT Astra Otoparts Audit Committee since 2007. Founder and former Senior Partner in KAP Kanaka Puradiredja, Suhartono, former Managing Partner and Chairman of KPMG Indonesia. Kanaka Puradiredja is currently Chairman of Honorary Board of the Indonesian Audit Committee Association (IKAI), member of Professional Honorary Board in Risk Management Association and Deputy Chairman of Indonesian Directors and Commissioners Institute (LKDI). Kanaka was once Chairman of Honorary Council of IAI (2002-2010), and Chairman of Indonesian Audit Committee Association (2004-2010). He was also once a member of Audit Committee in various companies including PT Astra International Tbk. (2002-2008), PT Federal International Finance (2004-2006), PT Astra Sedaya Finance (2004-2008) and PT Indocement Tbk. (from 2004 - now). Kanaka graduated from stateowned Padjadjaran Universitys Economic Faculty majoring in Accounting.
Siti Nurwahyuningsih Harahap Anggota Warga Negara Indonesia, lahir tahun 1969. Anggota Komite Audit PT Astra Otoparts Tbk. tahun 2003 - 2007 dan tahun 2009 - 2010. Saat ini aktif menjadi pengajar di Fakultas Ekonomi Universitas Indonesia. Pernah menjabat juga sebagai anggota Komite Audit di PT United Tractors Tbk. (2007 - 2008). Sebelumnya meniti karir sebagai akuntan internal di Lucent Technologies Indonesia (1996 - 2000) dan Samudera Indonesia Grup (1992 - 1994). Lulusan Fakultas Ekonomi jurusan Akuntansi, Universitas Indonesia, Jakarta dan Master of Business Administration dari University of San Fransisco. An Indonesian citizen born in 1969. A member of Astra Otoparts Audit Committee from 2003-2007 and 2009-2010. She is currently a lecturer in University of Indonesias Economic Faculty. She was also once a member of the Audit Committee of PT United Tractors Tbk. (2007-2008). Prior to that, she was an internal audit in Lucent Technologies Indonesia (1996-2000) and Samudera Indonesia Group (1992-1994). She earned her Master of Business Administration from University of San Francisco and a Bachelor from University of Indonesias Faculty of Economics majoring in Accounting.
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C. Laporan Komite Audit 2010 Untuk 2010, Ketua dan Anggota Komite Audit memberikan fokus pada beberapa hal strategis bagi Perseroan, termasuk: Kehandalan laporan keuangan yang dipublikasikan dengan memastikan laporan tersebut telah sesuai dengan Prinsip Akuntansi yang berlaku umum di Indonesia. Proses dan cakupan audit yang dilaksanakan oleh Internal dan Eksternal Audit memadai dan memonitor tindak lanjut dari temuan-temuan audit. Penerapan dan hasil aktifitas pengendalian risiko. Isu-isu hukum yang timbul dan dihadapi Perseroan. Ketua dan anggota Komite Audit melakukan beberapa pertemuan selama 2010 dan dihadiri oleh ketiga anggotanya. Dalam pertemuan itu, anggota Komite Audit membahas antara lain: Laporan Keuangan Menelaah konsep laporan keuangan 2009 yang sudah diaudit dan laporan Keuangan triwulanan 2010 sebelum disampaikan kepada publik External Audit: Membahas significant accounting dan auditing issues dalam laporan keuangan tahun 2009 dan membuat perencanaan audit laporan keuangan tahun 2010. Internal Audit dan Pengendalian Risiko Ketua dan anggota Komite Audit menelaah aktivitas dan hasil audit 2009, melakukan audit pada tahun 2010, menelaah penyelesaian tindak lanjut hasil audit 2009 dan 2010, menyusun perencanaan audit tahun 2011, dan melakukan implementasi pengendalian risiko di tahun 2010. Permasalahan Legal (Legal Issues): Ketua dan Anggota Komite Audit membahas berbagai legal issues pada setiap pertemuan
C. Audit Committee Report 2010 In 2010, Chairman and members of the Audit Committee focused on several strategic issues for the Company, including: Published financial report by ensuring that the report has complied with Accounting Principles generally applied in Indonesia The process and audit coverage to be carried out by both Internal and External Audits are adequate and monitor followups to audit findings Implementation and results of risk management activities Legal issues confronting the Company Chairman and Audit Committee members held several meetings in 2010. In those meetings, Audit Committee members reviewed several issues such as: Financial Report Reviewing the concept of the audited financial report 2009 and quarterly financial reports 2010 before they are announced to the public External Audit: Reviewing significant accounting and auditing issues in the 2009 financial report and making audit planning for the 2010 financial report Internal Audit and Risk Management Chairman and members of the Audit Committee reviewed activities and audit results 2009, conducting audit in 2010, reviewing follow-ups to 2009 and 2010 audit results, making audit plan for 2011, and implementing risk management in 2010. Legal Issues: Chairman and members of the Audit Committee discussed various legal issues in every meeting
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Automotive industrys ever-changing environment highlights the importance of a reliable risk management. This condition makes the Company aware of the need to take systematic steps in identifying, measuring, evaluating, and managing, as well as mitigating impacts of various risks, including strategic risks and operational risks in the Companys business activities. The implementation of risk management has in principle been done since the Company was established and developed in accordance with the Companys internal and external conditions.
1.1. Risk Management Activity Report 1.1.a. Control Self-Assessment In 2010, Company continued to develop the Control Self Assessment (CSA) to identify and evaluate risk. Control Self Assessment (CSA) provide a systematic risk profile faced by the Company by mapping and prioritizing many risk factor based on the worst possibilities and evaluates the impact to the shareholder value.
Besides giving a comprehensive perspective on the risk of all operational aspect of the Company, the CSA activities also facilitated resources planning needed to manage and minimized the impact of the identified risk. The CSA implementation is conducted from the corporate and holding level up to the affiliated companies with the focus on the consolidated Company. Through a number of CSA mechanism and risk management system in the Company, the Company has identified main risks as follows: Competition among products intensifies in After Market as
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The Company has taken several important steps to manage the risks by doing the following: Value proposition, efficiency in Capacity Planning, and continuously remapping future product development Consistently develop efficiency in the production process, increase productivity, minimize the occurrence of rejection in the finished product, and multisourcing of raw materials.
1.1.b. Whistleblower Whistleblower is alternative information mechanism for employees that is expected to support the development of GCG in the Company. In 2010 socialization of whistleblower was conducted up to the consolidated affiliated companies.
1.1.c. Business Continuity Plan Business Continuity Plan (BCP) is a guidance to ensure operational continuity of the Company in hazardous situation such as disaster or other unfavorable situation so the impact and loss by the situation can be minimized. 1.1.d. Insurance Review The Objective of nsurance Review to ensure that the Companys insurance programs in the Company are managed adequately in terms of risk coverage and sum insured. In 2010, Insurance Review started in Nusametal Division.
With all those initiatives, the Company has achieved importance progress in its effort to implement a framework and added value in enterprise-wide Risk Managment that can help analyzing , identifying and managing various risk in all level the Company.
2. Internal Audit Astra Otoparts established internal audit unit in 1997, and in line with Bapepam-LK regulation No. IX.1.7 on the Establishment of Internal Audit Unit, the BoD with the approval of BoC approved Charter of the Internal Audit Unit on July 29, 2009.
Internal Audit Charter determines Internal Audit structure and position duties and responsibilities, authorities, code of ethics, as well as requirements of Internal Auditor, accountability of Internal Audit, prohibition on double job and position for its auditors, both in the holding and subsidiaries. Internal Audit activities comprise of regular audit, special audit, IT
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Aktivitas yang dilakukan oleh Internal Audit dapat dikelompokkan menjadi kegiatan audit regular, kegiatan audit spesial, kegiatan IT audit, monitoring tindak lanjut dan pengembangan audit. Audit regular merupakan audit yang dilakukan berdasarkan rencana audit tahunan yang mengatur fokus dan arah kegiatan audit pada tahun bersangkutan dengan prioritas sesuai dengan hasil risk assessment. Audit spesial merupakan audit yang tidak termasuk dalam rencana audit tahunan namun dilakukan berdasarkan permintaan dari stakeholder maupun adanya pertimbangan tertentu berdasarkan tingkat urgensinya. IT audit merupakan audit yang dilakukan pada system IT untuk memastikan bahwa pengendalian IT telah dapat memberikan keyakinan yang memadai atas pengamanan aset, integritas data, pemberian informasi yang efektif dan penggunaan sumber daya secara efisien. Internal Audit juga melakukan kegiatan monitoring tindak lanjut untuk memastikan bahwa rekomendasi perbaikan yang telah disepakati bersama telah benar-benar dilaksanakan tepat waktu sesuai dengan komitmen auditee. Internal Audit bertanggung jawab langsung kepada Direksi, dan memberikan laporan berkala kepada Direksi dan Komite Audit atas temuan-temuan dan rekomendasi yang telah diimplementasikan. Dalam menjalankan aktivitasnya, Internal Audit berpedoman kepada Pedoman Dasar Audit Internal dan menggunakan pendekatan serta metodologi standar sebagaimana diterapkan di perusahaan-perusahaan di lingkungan kelompok PT Astra International Tbk.
audit, follow-up monitoring, and audit development. Regular audit is audit activities based on annual audit plan, which determines the focus and direction of the respective year with the priorities in line with the result of risk assessment. Special audit is audit activities outside the annual plan but conducted based on the request of the stakeholders or other considerations related to the urgency level. IT audit is audit activities in IT system to ensure that IT has provided adequate control on assets, data integrity, effective information supply, and efficient use of resources.
Follow up monitoring was conducted to ensure that the agreed improvement recommendations was implemented in a timely manner according to the auditee commitment.
Internal Audit directly reports to Board of Directors and provides periodic reports to BoD and Audit Committee on the findings and implemented recommendations.
In running its activities, Internal Audit refers to Basic Guidelines of Internal Audit and maintains the standard approach and method as implemented within PT Astra International Tbk. Group.
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2.3. Nama dan Riwayat Hidup singkat kepala Unit Audit Internal Heri Purnomo, Corporate Internal Audit Head Warga Negara Indonesia, lahir tahun 1960. Corporate Internal Audit Head Astra Otoparts sejak Oktober 2006, Senior Manager Internal Audit PT Astra International Tbk. (2000 2006), Manager Audit PT Astra International Tbk. - Honda Sales Operation ( 1992 1999 ), Audit staff PT AI-HSO (1989-1991), Finance & Accounting staff PT Dwi Satrya Utama (1984-1989 ). Lulus Sekolah Tinggi Ilmu Ekonomi Indonesia, jurusan Akuntansi tahun 1985.
2.3. Names and Brief Profile of Corporate Internal Audit Head Heri Purnomo, Corporate Internal Audit Head. An Indonesian citizen, born in 1960. Corporate Internal Audit Head of Astra Otoparts since October 2006, Senior Manager Internal Audit of PT Astra International Tbk. (2000-2006), Manager Audit, PT Astra International Tbk. - Honda Sales Division (1992-1999), Audit Staff, PT AI-HSO (1989-1991), Finance and Accounting Staff, PT Dwi Satrya Utama (1984-1989). He graduated from Sekolah Tinggi Ilmu Ekonomi Indonesia in 1985, majoring in Accounting.
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Board of Directors
According to the Companys articles of association, the BoD is a Company organ in charge of and responsible for managing the Company in accordance with its purpose and objectives. The BoD must run the Company with good intention and full responsibility for best interests of the Company, while maintaining the balance of interests of all related parties.
1. BOD Job Distribution The BoD consists of one (1) President Director and seven (7) Directors, with the following composition: 1. Siswanto Prawiroatmodjo, President Director Responsible for all activities in both Astra Otoparts and Astra Otoparts Group, including key account management, internal audit, and business strategy 2. Gustav Afdhol Husein, Director In charge of battery manufacturing, forging, chassis & drive, as well as technology and engineering 3. Djangkep Budhi Santoso, Director In charge of the manufacturing of rubber, plastics, piston & valve 4. Darmawan Widjaja, Director Responsible for Finance, Accounting, Business Process Improvement, Information Technology, Tax, Standard Operating Procedure and Shared Service Center, as well as Investor Relations 5. Widodo Eko Rijanto, Director In charge of manufacturing of shock absorber, brake system, gasket, steering wheel, automotive air conditioner, spark plug, automotive door component, and manufacturing excellence 6. The Dandy Soelip, Director In charge of domestic and international trade, and modern retail 7. Ignatius Robby Sani, Director In charge of manufacturing wiring harness, bearing and coloring. He also holds the position of Corporate Secretary and in charge of Public Relations, Legal and General Affairs, Security, and Social Responsibility (GSSR) 8. Niniek Dhamayanti Supojo, Director In charge of the Plan-Do-Check-Action (PDCA) unit & Project Management Office (PMO), as well as Corporate Human Resources Development
This job distribution is meant to ensure that all directors can function effectively in managing the Company. The distribution of job and responsibility of the BoD can be found in the organizational structure in Company Data Chapter of this Annual Report. 2. BoD Meetings Throughout 2010, the BoD held 25 (twenty five) meetings and attendance of respective director can be seen in the table on page 59.
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4. BoD Competency Building Members of the BoD must improve their competence continuously in line with their duties and responsibilities. So, throughout 2010, directors of the Company attended several trainings, seminar, courses, and workshops. The following are few trainings attended by Astra Otoparts Directors:
Daftar Pelatihan Direksi Selama Tahun 2010 List of BOD Training During 2010
no 1 nama Name Siswanto Prawiroatmodjo nama Pelatihan Training Title
Strategic Training Workshop on Astra Otoparts' Core Values Standardization
Tanggal Date
12 16 Juli 2010 Juni 2010 Juni 2010 Juni 2010 Maret 2010 April 2010 Juni 2010 Juni 2010 Juni 2010 16 Desember 2010
lokasi Location
USA Cibubur Cibubur Cibubur Hong Kong Kuala Lumpur, Malaysia Cibubur Cibubur Cibubur Jakarta
Penyelenggara Host
Stanford University Konsultan HR Nararyya Konsultan HR Nararyya Konsultan HR Nararyya Jardine Matheson Group Jardine Matheson Group Konsultan HR Nararyya Konsultan HR Nararyya Konsultan HR Nararyya ICC (International Chamber of Commerce) Indonesia BKPM
2 3 4
Workshop on Astra Otoparts' Core Values Standardization Workshop on Astra Otoparts' Core Values Standardization Risk Management Conference Finance Conference Workshop on Astra Otoparts' Core Values Standardization
5 6 7
Workshop on Astra Otoparts' Core Values Standardization Workshop on Astra Otoparts' Core Values Standardization Executive Class on Incoterms 2010
Regulasi dan Kebijakan Pemerintah di Bidang Penanaman Modal Workshop on Astra Otoparts' Core Values Standardization
14 Desember 2010
Jakarta
Cibubur USA
niniek Dhamayanti
Leading Change & Organizational Renewal Program Talent Management Workshop on Astra Otoparts' Core Values Standardization
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Sekretaris Perusahaan
Tanggung jawab utama Sekretaris Perusahaan antara lain adalah memastikan kepatuhan Perseroan pada peraturan pasar modal serta terlaksananya aspek keterbukaan informasi mengenai kondisi Perseroan terhadap otoritas pasar modal, pemegang saham, dan masyarakat umum. Dalam kapasitasnya tersebut, Sekretaris Perusahaan bertindak sebagai penghubung antara Perseroan, Bapepam-LK, bursa efek, media dan publik. Jabatan Sekretaris Perusahaan saat ini dipegang oleh Direktur Perseroan, Bapak Robby Sani. Sehubungan dengan pelaksanaan aspek keterbukaan informasi, sepanjang tahun 2010 Sekretaris Perusahaan telah terlibat dalam berbagai aktivitas sebagai berikut: 1. Menyelenggarakan paparan publik pada tanggal 20 Mei 2010 2. Berpartisipasi pada workshop Wartawan Pasar Modal yang diadakan oleh PT Astra International Tbk., di Bandung. 3. Berpartisipasi pada workshop Wartawan Perindustrian dan Perdagangan yang diadakan oleh PT Astra International Tbk., di Bandung. 4. Memastikan publikasi Laporan Keuangan Tahunan dan triwulanan tepat pada waktunya sesuai dengan peraturan yang ditetapkan oleh Bapepam-LK. 5. Menyampaikan informasi kinerja keuangan triwulanan Perseroan di website Perseroan 6. Menyampaikan informasi Perusahaan kepada publik guna memenuhi ketentuan/peraturan Bapepam-LK. 7. Memberikan penjelasan kepada media massa informasi mengenai Perseroan dan perkembangannya. 8. Berpartisipasi pada Pameran Pasar Modal yang diselenggarakan oleh Otoritas pada medio November 2010, sebagai wujud keterbukaan perusahaan terhadap pemberian informasi kepada publik. Selain melalui aktivitas-aktivitas tersebut di atas, informasi mengenai Perseroan serta perkembangan yang berpengaruh pada Perseroan juga tersedia untuk diakses oleh masyarakat umum melalui website Perseroan, dengan alamat http://www. component.astra.co.id. Pencapaian prestasi yang dicapai oleh Corporate Secretary di tahun 2010, yaitu : Astra Otoparts meraih predikat The Trusted Company in GCG Implementation in 2010 dari The Indonesian Institute for Corporate Governance. Predikat ini diraih setelah Astra Otoparts mengikuti asesmen Corporate Governance Performance Index (CGPI)
Corporate Secretary
The main responsibilities of Corporate Secretary are, among others, ensuring the Companys compliance with the capital market regulations and disclosure of the Companys conditions to capital market authorities, shareholders, and the public at large. In this capacity, Corporate Secretary acts as liaison officer between the Company, Bapepam-LK, stock exchange, media, and the public.
The post of Corporate Secretary is currently held by the Companys Director Robby Sani. In relation to the implementation of disclosure of information, throughout 2010 Corporate Secretary involved in various activities such as: 1. Public expose on May 20, 2010 2. Participating in a workshop organized for Capital Market Journalists by PT Astra International Tbk. in Bandung 3. Participating in a workshop organized for Industry and Trade Journalists by PT Astra International Tbk. in Bandung 4. Ensuring on-time publications of Annual and Quarterly Financial Reports in line with regulations issued by Bapepam-LK 5. Publishing quarterly financial performance of the Company on its website 6. Announcing the Companys information to the public in order to meet Bapepam-LK regulations 7. Providing information to the media about the Company and its progress 8. Participating in the Capital Market Expo organized by Capital Market Authorities in November 2010 as a manifestation of openness in disclosing information to the public.
Aside from activities mentioned above, all information about the Company is also available in its website:http://www. component.astra.co.id.
Corporate Secretarys achievement in 2010 include: Astra Otoparts was predicated as The Trusted Company in GCG Implementation in 2010 from The Indonesian Institute for Corporate Governance. The predicate was conferred after Astra Otoparts underwent the Corporate Governance Performance Index (CGPI) assessment
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The socialization of both business ethics and work ethics to all management staff and employees of the Company are done consistently, including by making them part of orientation program for new employees. The business ethics and work ethics, which cover relationship between employees and their superiors, relationship among employees, and relationship between employees and customers and the public, are expected to become references for employees in their respective job. Along with continuous socialization of business ethics and work ethics, the Company also encourages and develops certain core values believed to be able to help the Company grow. Astra Otoparts Core Values are Trustworthy and Reliable, Customer Focus, Striving for Excellence, and Teamwork.
Plan-Do-Check-Action Management
Keberhasilan Perseroan dalam meningkatkan kinerjanya tidak terlepas dari peranan Unit Plan-Do-Check-Action (PDCA). Unit PDCA memfasilitasi para direktur Astra Otoparts dan manajemen anak-anak usahanya untuk membuat program, baik jangka panjang dan maupun jangka pendek, strategi untuk mencapai target, serta Key Performance Indicator (KPI) dari masing-masing perusahaan. Tugas Unit PDCA dimulai dengan memfasilitasi rapat pimpinan (Rapim) Direksi Astra Otoparts dan manajemen anak-anak perusahaan untuk menentukan strategi untuk 1-3 tahun ke
Plan-Do-Check-Action Management
The Companys success in improving its performance in 2010 could not be separated from the role of Plan-Do-Check-Action (PDCA) unit. The unit facilitates Astra Otoparts directors and management of subsidiaries/affiliated companies in making programs, both long-term and short-tem, strategies to achieve targets, and Key Performance Indicator of each Company.
The PDCA unit begins its duties by facilitating the meeting between Astra Otoparts Directors and management of all subsidiaries/affiliated companies to decide strategies for
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Strategi tiga-tahunan masing-masing perusahaan tersebut kemudian diturunkan menjadi program kerja satu tahun ke depan dan disepakati bersama dalam Rapim II pada bulan November. Selain dihadiri Direksi dan manajemen anak-anak usahanya, Rapim II diikuti oleh mitra Perseroan, terutama dari perusahaan patungan (joint venture). Unit PDCA membantu menfasilitasi pelaksanaan kajian bulanan oleh Direksi atas implementasi program kerja selama satu tahun masing-masing anak-anak perusahaan dan membantu menindaklanjuti saran-saran yang diberikan oleh Direksi dalam membantu anak perusahaan mencapai target yang sudah disepakati.
Akuntan Publik
Sebagai perusahaan publik, laporan keuangan Perseroan diaudit oleh akuntan publik yang independen. Penunjukan akuntan publik dilakukan oleh Direksi dengan persetujuan Dewan Komisaris, yang menerima wewenang tersebut dari RUPS, sedangkan wewenang untuk menentukan besarnya honorarium bagi akuntan publik dimaksud dilimpahkan kepada Direksi. Untuk mengaudit Laporan Keuangan Konsolidasian tahun buku 2010, Direksi dengan persetujuan Dewan Komisaris telah menunjuk Kantor Akuntan Publik (KAP) Tanudiredja, Wibisana & Rekan (anggota dari PricewaterhouseCoopers).
Public Accountant
As a listed Company, financial reports of the Company are audited by an independent public accountant. The annual GMoS authorizes BoD to appoint a public accountant with approval from the BOC and also authorizes the BoD to decide on the public accountants fee. To audit the Consolidated Financial Report 2010, the BoD with the approval of BoC appointed Tanudiredia, Wibisana & Partners (a member of PricewaterhouseCoopers) Public Accountant Office.
Permasalahan Hukum
Sampai tanggal Laporan Tahunan ini, Perseroan tidak sedang terlibat dalam suatu kasus hukum yang dapat berpengaruh secara signifikan terhadap kinerja dan kondisi keuangan Perseroan.
Legal Issues
Up to the date of this report, Astra Otoparts is not involved in any legal case that may affect significantly the performance and financial condition of the Company.
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Salah satu modal utama Astra Otoparts dan anak-anak usahanya dalam menjalankan roda perusahaan adalah memiliki jumlah karyawan sebanyak 32.939 orang. Perseroan meyakini bahwa kinerja yang baik dari segenap karyawan di setiap lini akan menjadi tiang dan pasak penguat bagi tercapainya kinerja Perseroan yang positif, sehingga pada akhirnya akan mengantarkan Perseroan dalam mencapai visi dan misinya. Oleh karena itu, manajemen sumber daya manusia (SDM) yang baik dan sesuai dengan penerapan terbaik merupakan salah satu kunci dalam keberhasilan Perseroan.
One of main the assets of Astra Otoparts and its subsidiaries/ affiliated companies in managing their Company is the employees who now stand at a total of 32.939 people. The Company is convinced that good performance by each and every employee in all fronts are tightening knots and bolts for a positive performance that helps the Company achieve its vision and mission. Good human resources (SDM) management, which in line with best practices in the industry therefore become one of the key success factor.
The Company engages employees as early as possible in every change plans, explaining to them their roles in the new job and organizing trainings necessary to help employees discharge their new duties. Astra Otoparts is always committed to enhancing management capabilities and skills of its employees, and developing the Company toward its vision stated in its business blueprint. The Company also convincing the importance of creating a conducive atmosphere for employees
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individu bisa meraih ambisi pribadi mereka secara profesional. Untuk menarik dan mempertahankan karyawan dengan kualitas dan kepribadian yang baik, Perseroan berusaha mengenali kompetensi, kekuatan dan kelemahan mereka, memberikan kesempatan untuk pengembangan kompetensi dan karir mereka. Sementara, untuk mengembangkan ketrampilan manajerial, termasuk kompetensi pemahaman bisnis, Perseroan menjalin kerja sama dengan beberapa lembaga terkemuka untuk memberikan pelatihan bagi karyawan yang bekerja di posisi manajemen. Setiap pelatihan diikuti dengan proses penerapan ilmu, melalui berbagai proyek di perusahaan masing-masing. Budaya Organisasi yang Mendorong Peningkatan Kinerja Perseroan senantiasa membangun budaya kerja yang menghargai orang-orang yang menghayati dan menerapkan budaya kerja tersebut. Karyawan, dan nilai-nilai inti atau core values menjadi pusat perhatian Perseroan dan anak-anak usahanya. Proses implementasi dengan pola sel dilakukan dengan dukungan tim inti yang merupakan tim lintas perusahaan (cross-company team). Strategi ini diharapkan bisa mendorong karyawan untuk saling mendukung, memberikan inspirasi dan memotivasi serta membuat mereka untuk saling belajar dari satu sama lain demi meraih keberhasilan tertinggi. Astra Otoparts berharap hubungan yang akrab di antara para karyawan akan mendorong mereka untuk bekerja lebih baik, lebih cepat, lebih fokus yang akhirnya akan membuat perseroan lebih kompetitif.
to pursue their individual professional ambitions. To attract and keep employees of high quality and good personality, the Company studies their respective competence, strengths and weaknesses, and offers them opportunities to develop their competences and career.
Meanwhile, to develop their managerial competence, including business-understanding competence, the Company has forged cooperation with several prominent institutions to give trainings for employees in managerial positions. All trainings are followed up with knowledge-implementation processes through various projects in their respective Company. Corporate Culture that Encourages Performance Improvement The Company always develops work culture that respects employees who live out and implement work ethics. Employees and core values are the center of attention of Astra Otoparts and its subsidiaries. A cell method implementation process is introduced with the full support of a cross-Company core team. This strategy is expected to be able to encourage employees to support, inspire, and motivate each other and to learn from one another in order to achieve best output. Astra Otoparts hopes that affable relationship among employees encourages them to work better, faster, and more focused, which in the end would make the Company more competitive.
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express ideas for improvement through, among others, QCC competition and Idea Proposal. The 2010 QCC was the 21st convention and was held on 31st of October. Another event is Innovation Challenge, which was held for the fifth time in 2010 and aims to stimulate new ideas and creativity among engineers in improving products and production process. One encouraging fact in 2010 was that the number of participating employees in improvement idea process and products continue to rise from year to year. This increase contributes to increased efficiency and productivity in factories.
untuk mengungkapkan ide perbaikan, antara lain melalui kompetisi QCC dan Idea Proposal. Tahun 2010 merupakan QCC Convention ke 21 yang diselenggarakan pada 31 Oktober 2010. Juga kegiatan Innovation Challenge kembali diadakan untuk ke-5 kalinya, dengan tujuan memacu ide dan kreativitas para engineer dalam melakukan perbaikan terhadap produk dan proses produksi. Satu hal yang menggembirakan adalah jumlah keikutsertaan karyawan dalam ide perbaikan proses dan produk terus meningkat dari tahun sebelumnya. Peningkatan ini berkontribusi pada naiknya efisiensi maupun produktivitas di pabrik. Perusahaan juga melakukan sejumlah perbaikan dalam aliran komunikasi untuk memperkuat kolaborasi antarbagian, sehingga dapat meningkatkan sinergi. Misalnya, Forum Manajer sebagai ajang koordinasi dan komunikasi di tingkat manajer, dan ada pula pertemuan dengan Direksi (Gemba) yang dilakukan beberapa kali dalam setahun. Pertemuan dengan Direksi tersebut bertujuan memberi kesempatan kepada karyawan untuk mengetahui kondisi dan arah perusahaan serta menyampaikan secara langsung permasalahan, ide perbaikan maupun sumbang saran lainnya bagi perkembangan organisasi. Perseroan juga mengumpulkan umpan balik dari para karyawan melalui survei opini karyawan atau Employee Opinion Survey (EOS), yang dilakukan setiap dua tahun sekali. Hasil EOS 2010 menggarisbawahi kebanggaan karyawan dalam bekerja di Astra Otoparts dan rasa nyaman mereka terhadap budaya organisasi dan bisnis Perseroan. Untuk pertama kalinya dalam sejarah Astra Otoparts, Perseroan dan anak-anak usahanya menyelenggarakan pekan olahraga dan seni (PORSE) pada tanggal 25-26 September 2010. Sebanyak 24 anak perusahaan di Astra Otoparts Group mengikuti acara yang berlangsung dengan sangat meriah. Ajang kompetisi sehat dalam bidang olahraga dan seni itu disemarakkan dengan pertandingan 10 cabang olahraga dan lima cabang cerdas-cermat dan seni. Sekitar 2.000 karyawan Astra Otoparts dan anak-anak usahanya turut memeriahkan acara yang diselenggarakan secara maraton di Stadion Sumantri Brojonegoro Kuningan, Jakarta Selatan.
The Company also made several improvements in communication flow to strengthen collaboration among divisions and thus boost synergy. For example, Manager Forum that set as an event to improve coordination and communication at the Manager Level, and meetings with the board of directors which are held several times a year. Meetings with the board of directors aim to give employees opportunities to know the Companys condition and its direction, and chance to inform the management directly regarding problems faced, improvement ideas, or other suggestions for the organizations development. The Company also solicits feedbacks from employees through a survey called Employee Opinion Survey (EOS), which is held every two years. Results on 2010 EOS highlight employees pride in working for Astra Otoparts and their commitment toward the Companys corporate culture and business.
For the first time in Astra Otoparts history, the Company and its subsidiaries organized a sports and art event (PORSE) from September 25 to 26. Total 24 companies of Astra Otoparts Group participated in the festive event. A healthy sports and arts competition, the event featured matches in 10 sports branches and five quizzes and art happenings. Around 2,000 Astra Otoparts employees and its subsidiaries took part in the event held at Sumantri Brojonegoro Stadium in Kuningan, South Jakarta.
Aside from sports competitions and art happenings, Astra Otoparts also held an Employee Day, an annual event that employees always look forward to. For 2010, the Employee Day was held at Jatiluhur water reservoir in West Java under the theme Togetherness in AOP Culture. Various group activities such as hiking and others graced the event. The oneday 2010 Employee Day was held on 20th of November and participated in by all Astra Otoparts staff, including Company directors, and employees. Routine employee activities held in 2010 were: a. The Companys anniversary celebration b. The commemoration of Independence Day on August 17 c. Sports activities such as badminton, table tennis, basketball, volleyball, lawn tennis, karate, aerobic dance, fitness, futsal, bike club, and motor club d. Arts: Band
76
Selain kompetisi, olahraga dan seni, Astra Otoparts juga menyelenggarakan Employee Day, yakni acara tahunan yang selalu dinanti karyawan. Tahun ini acara tersebut berlangsung di Jatiluhur, dengan tema: Togetherness dalam Kultur AOP. Acara tersebut diisi dengan aktivitas kebersamaan berupa kegiatan pendakian (hiking) dan kegiatan kebersamaan lainnya. Employee Day tahun ini dilaksanakan tanggal 20 November 2010 dari pagi hingga sore dan dihadiri oleh seluruh jajaran Astra Otoparts dari Direksi hingga karyawan. Kegiatan-kegiatan karyawan yang rutin dilakukan dalam periode 2010 adalah: a. Peringatan ulang tahun Perseroan b. Peringatan Hari Kemerdekaan RI 17 Agustus 2010 c. Kegiatan olahraga, yang meliputi bidang: bulu tangkis, tenis meja, basket, bola volley, tenis lapangan, Karate, senam aerobik, fitness, futsal, klub sepeda, klub motor d. Kegiatan Seni: Band e. Kegiatan Keagamaan : Perisai (Kerohanian Islam), Persekutuan Doa (Katolik dan Protestan) f. Kegiatan Penyuluhan Kesehatan : Sosialisasi kanker servik, yang dilakukan kepada karyawan wanita dan warga/ibu-ibu lingkungan sekitar kantor Diskusi dan konsultasi umum atas kondisi kesehatan sebagai kelanjutan General Check-up karyawan tahun 2010.
e. Religious Activities: Perisai (Islamic Program), Prayer Group (Catholics and Christians) f. Health Programs Cervix cancer talks for female employees and residents/ mothers around Astra Otoparts office Discussions and general consultation on health condition as a follow-up to general check-up for employees in 2010
77
Profil Jumlah Karyawan PT ASTRA OTOPARTS Tbk. Beserta Seluruh Anak Perusahaan Employees Profile of PT Astra Otoparts Tbk. and Its Subsidiaries/Affiliated Companies
Jumlah Karyawan berdasarkan Pendidikan/ Employees based on educational background
SMP
: 1,348
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Lingkungan, Keselamatan & Kesehatan Kerja (LK3) | Environment, Health and Safety (EHS)
Lingkungan, Keselamatan & Kesehatan Kerja (LK3) 2010 Environment, Health and Safety (EHS) 2010
Astra Otoparts memiliki komitmen untuk mengembangkan bisnisnya dengan mempertimbangkan pemeliharaan lingkungan yang berkelanjutan dan tanggung jawab sosial. Hal ini sesuai dengan Core Value Astra Otoparts (Terpercaya dan Handal, Fokus pada Customer, Semangat Keprimaan , dan Kerjasama). Core Value tersebut menjadi dasar Kebijakan Perseroan dalam melakukan implementasi pengelolaan Lingkungan, Keselamatan, dan Kesehatan Kerja serta Tanggung Jawab Sosial. Dalam kegiatan operasional sehari-hari, Astra Otoparts mengadopsi Sistim Manajemen Lingkungan, Keselamatan, Keselamatan dan Kesehatan Kerja (SMLK3) dari induk perusahaan PT Astra International Tbk. Sistem yang di lingkungan perusahaan dikenal sebagai sistem manajemen Astra Green Company (AGC) dan menjadi panduan Pengelolaan LK3 bagi semua anak perusahaan Astra yang berfokus pada Strategi, Proses, Produk dan Karyawan. Perseroan menyadari bahwa pengelolaan LK3 yang baik, termasuk program penghematan energi listrik dan air melalui proses produksi bersih (Cleaner Production) dan program minimalisasi limbah melalui 3R (Reuse, Reduce & Recycle), maka produktivitas dan efisiensi Perseroan akan meningkat. Perseroan juga mengupayakan implementasi berbagai standar internasional dalam proses dan prosedur operasionalnya, antara lain standar ISO 14001 di bidang Sistem Manajemen Lingkungan yang dipakai oleh 23 dari 29 Perseroan afiliasi Astra Otoparts. Konsistensi penerapan standar-standar tersebut senantiasa diuji secara periodik melalui asesmen yang dilakukan oleh lembaga-lembaga sertifikasi internasional. Penerapan standar-standar tersebut sekaligus mencerminkan kesiapan Perseroan untuk bersaing di pasar global.
Astra Otoparts is strongly committed to taking into account sustainable environment management and social responsibility when developing its business. This policy is in line with Astra Otoparts core values: Trustworthy and Reliable, CustomerFocused, Striving for Excellence, and Teamwork. These core values serve as a foundation of Company policies in implementing Environmental Management, Safety, and Health at Work Place, as well as Social Responsibility.
In daily operations, Astra Otoparts adopts the Environment, Health, and Safety (EHS), management system of holding Company Astra International Tbk. The system, which is known in the group as Astra Green Company (AGC) management system and serves as a reference for EHS management for all of Astra Internationals subsidiaries, focuses on Strategy, Process, Product, and Employees. The Company fully realizes that a good EHS management, including electricity and water savings through cleaner production process and wasteminimizing programs through Reuse, Reduce, and Recycle (3R), the Companys productivity and efficiency would rise. The Company also strives to implement various international standards in its operational processes and procedures, including ISO 14001 on Environmental Management System. At least twenty-three of Astra Otoparts 29 subsidiaries/ affiliated companies implement ISO 14001. Consistent implementation of those international standards is always tested through periodic assessment by international certification institutions. The implementation of those standards also reflects the Companys readiness to compete in the global market.
Lingkungan, Keselamatan & Kesehatan Kerja (LK3) | Environment, Health and Safety (EHS)
79
Jumlah perusahaan yang mencapai nilai HIJAU-pun naik dari 8 anak perusahaan pada tahun 2009 menjadi 13 anak perusahaan pada tahun 2010. Pencapaian ini didapat dengan kerja keras dan usaha perbaikan yang berkesinambungan dan komitmen dari perusahaan-perusahaan tersebut. Berikut ini adalah grafik pencapaian LK3 Astra Otoparts sejak 2008. Pencapaian LK3 tahun 2008 2010
The number of subsidiaries/affiliated companies achieving GREEN status also rose from 8 (eight) subsidiaries in 2009 to 13 subsidiaries in 2010. This performance was achieved through hard work and continuous improvement efforts and commitment of those companies. The following is a graphic of Astra Otoparts EHS achievement since 2008. EHS Achievements from 2008 to 2010
17 13 13
Perusahaan/Company
15 12 9 6 3 0
8 5 1
2008
4 2
6 2
2009
2 8 13 4
2010
5 13 6 2
1 5 17 4
80
Lingkungan, Keselamatan & Kesehatan Kerja (LK3) | Environment, Health and Safety (EHS)
81
Dalam melaksanakan program Corporate Social Responsibility (CSR), Perseroan menerapkan sistim manajemen Astra Friendly Company (AFC). Sama seperti AGC, AFC diadopsi dari sistem yang dipakai oleh induk perusahaan, PT Astra International Tbk. Pada tahun 2010, Perseroan meneruskan beberapa program AFC yang telah berjalan dari tahun ke tahun, seperti Program Komunikasi Sosial, Pemberian Sembako, Pelayanan Kesehatan Cuma-Cuma, Dukungan Pendidikan dengan Perluasan Kesempatan Belajar, Pemberian Beasiswa, dan Program PAUD (Pendidikan Anak Usia Dini). Di samping itu, program yang tak kalah penting bagi masyarakat sekitar adalah program Pengembangan Kemampuan Ekonomi untuk masyarakat menengah ke bawah. Perseroan berharap program CSR tersebut memberikan kontribusi positif bagi masyarakat. Perseroan juga menyadari pelaksanaan program CSR bukanlah kegiatan yang mudah untuk dilaksanakan tanpa adanya kerja sama yang baik dari berbagai pihak, baik dari manajemen anak perusahaan maupun pemerintah daerah (Pemda) setempat.
In carrying out its Corporate Social Responsibility (CSR) programs, the Company implements a system called Astra Friendly Company (AFC). Just like the Astra Green Company, AFC is adopted from a system used by the holding Company, Astra International Tbk. In 2010, the Company pursued AFC programs that have been implemented for several years now such as social communication programs, free staple, free health services, education assistance to open up study opportunity for lowincome people, scholarship, and Education Program for Early Childhood (PAUD). Another program that is no less important for people in the vicinity is income-generating activities for middle-lower people.
The Company needs that these CSR programs give positive contribution to the people. The Company also realizes that CSR programs are not easy to carry out without good cooperation from various quarters, either the management of subsidiary companies or the local government.
82
No 1 2 3 4 5 6 7 8 9 10 11 12
1 Orang
Person
8 Orang
Person
1 Orang
Person
1 Orang
Person
18 Orang
Person
6 Orang
Person
1 Orang
Person
2 Orang
Person
1 Orang
Person
3 Orang
Person
2 Orang
Person
1 Orang
Person
2. Program Donasi
a. Bantuan Kemanusiaan Sebagai wujud dari kepedulian dan tanggung jawab sosial, Grup Astra Otoparts memberikan bantuan dana tunai Rp 500.000.000,- (lima ratus juta rupiah) untuk korban letusan Gunung Merapi di Yogyakarta dan tsunami yang terjadi di Mentawai, Sumatera Barat, dengan tujuan: 1. Membantu para pengungsi dan keluarga untuk dapat bertahan selama masa kritis.
2. Donations
a. Humanitarian Aid As a manifestation of care and social responsibility, Astra Otoparts Group donated cash assistance Rp 500,000,000 (five hundred million rupiah) to victims of Mount Merapi eruption in Yogyakarta and tsunami in Mentawai, West Sumatra. The donation aims to: 1. Help refugees and their families survive during critical periods
83
13
Perusahaan/Company
10
8
8
6
6
4
4 2
3 1 0 0
2008 2009
1 2 8 4 1
2 1 1 1
2010
1 6 13 5 1
B5 B4 B3 B2 B1
0 0 3 1 1
84
Setelah melalui pelatihan Asesor AFC dan magang Asesmen AFC dengan Asesor dari Astra International serta dengan metode yang sama dengan asesmen AGC yang dilakukan secara Cross Company, Perseroan berhasil melakukan asesmen kepada 27 anak perusahaan pada tahun 2010, naik dari 21 anak perusahaan tahun 2009. Hasil asesmen itu menunjukkan adanya kemajuan yang signifikan dalam implementasi CSR di masing-masing anak perusahaan (seperti pada grafik di atas). Laporan Penggunaan Dana CSR Grup Astra Otoparts
After undergoing an AFC Assessor training and AFC Assessment Internship with an assessor from Astra International, and using an assessment method similar to that of AGCs Cross Company assessment, the Company managed to conduct assessments on 27 subsidiaries/ affiliated companies in 2010, up from 21 subsidiaries/affiliated companies in 2009. Results of these assessments show significant improvement in CSR implementation in respective subsidiaries (as seen in the graphic above). Reports on CSR fund use by Astra Otoparts Group
1.500.000 1.200.000
1.109.000.000
Rupiah (x1000)
900.000 600.000
262.550.000
692.333.000
300.000 0
80.000.000
111.550.000
31.986.000
120.000.000
83.081.000
IGA
DONASI
PAUD
IGA
DONASI
PAUD
IGA
DONASI
PAUD
2008
2009
2010
85
Pendapat Pemangku Kepentingan dari Unsur Pemerintah Stakeholders Opinion, Government Representative
Kapten Infantri Sumardi, Komandan Rayon Militer Kelapa Gading
There are two programs that really made an impact: Education Program for Early Childhood (PAUD) and Revolving Funds programs. In 2010, Astra Otoparts donated school equipment to several schools in Pegangsaan Dua neighborhood, Kelapa Gading. Additionally, the Company also organized trainings for PAUD teachers and offered scholarships to students coming from underprivileged families. Revolving Funds given to underprivileged families who want to start up micro and small businesses have also succeeded in raising economic standards of poor people in Kelapa Gading. Around 10% of Kelapa Gading residents are still considered poor; thus the role of Astra Otoparts in raising peoples economic stature must be appreciated. Astra Otoparts has managed to help 45 small and medium-sized businesses in this area. I also appreciate Astra Otoparts support for the implementation of our Family Planning program. In the socalled KB (Family Planning) program, we managed to serve 1,000 less-fortunate patients.
The Kelapa Gading community believe Astra Otoparts CSR programs will continue and can be a good example for other companies to work together in CSR programs in Kelapa Gading district.
NERACA KONSOLIDASIAN 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
CONSOLIDATED BALANCE SHEETS AS AT 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) Catatan/ Notes
2010 ASET Aset lancar Kas dan setara kas Piutang usaha, setelah dikurangi penyisihan penurunan nilai piutang usaha sebesar Rp 14.935 (2009: Rp 14.229) - Pihak yang mempunyai hubungan istimewa - Pihak ketiga Piutang lain-lain Persediaan, setelah dikurangi penyisihan persediaan usang dan lambat bergerak sebesar Rp 19.880 (2009: Rp 25.325) Pajak dibayar dimuka Pembayaran dimuka lainnya Jumlah aset lancar Aset tidak lancar Piutang pihak yang mempunyai hubungan istimewa Aset pajak tangguhan Investasi pada perusahaan asosiasi dan jointly controlled entities Investasi jangka panjang lain-lain Aset tetap, setelah dikurangi akumulasi penyusutan dan penurunan nilai sebesar Rp 938.021 (2009: Rp 817.328) Properti investasi Goodwill Aset lain-lain Jumlah aset tidak lancar JUMLAH ASET
2009 ASSETS Current assets Cash and cash equivalents Trade receivables, net of provision for impairment of trade receivables of Rp 14,935 (2009: Rp 14,229) Related parties Third parties Other receivables Inventories, net of provision for obsolete and slow moving inventories of Rp 19,880 (2009: Rp 25,325) Prepaid taxes Other prepayments Total current assets Non-current assets Receivables from related parties Deferred tax assets Investments in associates and jointly controlled entities Other long-term investments Fixed assets, net of accumulated depreciation and provision for impairment of Rp 938,021 (2009: Rp 817,328) Investment properties Goodwill Other assets Total non-current assets TOTAL ASSETS
485,564
2d,4
773,936
2e,2y,5,32c 2e,5 2e
2j ,6 2v,7a
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
Halaman - 1 - Page
NERACA KONSOLIDASIAN 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
CONSOLIDATED BALANCE SHEETS AS AT 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) Catatan/ Notes
2010 KEWAJIBAN Kewajiban jangka pendek Pinjaman jangka pendek Hutang usaha - Pihak yang mempunyai hubungan istimewa - Pihak ketiga Hutang lain-lain Hutang pajak Beban yang masih harus dibayar Uang muka pelanggan Kewajiban imbalan kerja Bagian jangka pendek dari pinjaman jangka panjang Jumlah kewajiban jangka pendek Kewajiban jangka panjang Hutang kepada pihak yang mempunyai hubungan istimewa Goodwill negatif Kewajiban derivatif Kewajiban imbalan kerja Pinjaman jangka panjang, setelah dikurangi bagian jangka pendek Jumlah kewajiban jangka panjang HAK MINORITAS EKUITAS Modal saham Modal dasar - 2.000.000.000 saham dengan nilai nominal Rp 500 (Rupiah penuh) per saham Modal ditempatkan dan disetor penuh - 771.157.280 saham Tambahan modal disetor Perubahan ekuitas perusahaan asosiasi Cadangan lindung nilai arus kas
2009 LIABILITIES Current liabilities Short-term loans Trade payables Related parties Third parties Other payables Taxes payable Accrued expenses Customer advances Employee benefits obligation Current portion of long-term loans Total current liabilities Non-current liabilities
145,000
2p,13
30,000
Payables to related parties Negative goodwill Derivative liabilities Employee benefits obligation Long-term loans, net of current portion Total non-current liabilities MINORITY INTERESTS EQUITY Share capital Authorised - 2,000,000,000 shares with par value of Rp 500 (full Rupiah) per share Issued and fully paid - 771,157,280 shares Additional paid-in capital Changes in equity of associates Cash flow hedge reserve Differences in value of restructuring transactions among entities under common control Retained earnings Appropriated Unappropriated Total equity TOTAL LIABILITIES AND EQUITY
2b,18
173,869
Selisih nilai transaksi restrukturisasi entitas sepengendali Saldo laba - Dicadangkan - Belum dicadangkan Jumlah ekuitas JUMLAH KEWAJIBAN DAN EKUITAS
2r,21 31
5,585,852
4,644,939
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
Halaman - 2 - Page
LAPORAN LABA RUGI KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF INCOME FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) Catatan/ Notes 2s,22 2s,23
2010 Pendapatan bersih Beban pokok pendapatan Laba kotor Beban usaha: Beban penjualan Beban umum dan administrasi 6,255,109 (5,102,483) 1,152,626
2009 5,265,798 (4,317,181) 948,617 Net revenue Cost of revenue Gross profit Operating expenses: Selling expenses General and administrative expenses
Laba usaha Penghasilan/(beban) lain-lain: Penghasilan bunga Kerugian likuidasi anak perusahaan Amortisasi dan kerugian penurunan goodwill Kerugian kurs mata uang asing - bersih Beban bunga dan keuangan Penghasilan lain-lain - bersih
573,115
Operating profit Other income/(expenses): Interest income Loss on liquidation of subsidiaries Amortisation and loss on impairment of goodwill Loss on foreign exchange - net Interest and financial charges Other income - net
25
45,466 (721)
2b,2k,12 2c 26 27
Bagian laba bersih perusahaan asosiasi dan jointly controlled entities Laba sebelum pajak penghasilan Beban pajak penghasilan
2k,8
509,774 947,001
Equity in net income of associates and jointly controlled entities Profit before income tax Income tax expenses Income before minority interests Minority interests Net profit Net earnings per share basic and diluted (full Rupiah)
2v,7c
(137,046)
Laba sebelum hak minoritas Hak minoritas Laba bersih Laba bersih per saham dasar dan dilusian (Rupiah penuh)
1,480
2w,28
996
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
Halaman - 3 - Page
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ Notes Saldo 1 Januari 2009 Pembentukan cadangan wajib Perubahan ekuitas perusahaan asosiasi Dividen Laba bersih tahun berjalan Saldo 31 Desember 2009 Pembentukan cadangan wajib Dividen Perubahan bersih nilai derivatif lindung nilai arus kas yang belum direalisasi, setelah efek pajak sebesar Rp 442 juta Laba bersih tahun berjalan Saldo 31 Desember 2010 31 2x,30 31 8 2x,30
Selisih nilai transaksi restrukturisasi entitas sepengendali/ Differences in value of restructuring transactions among entities under common control (10,923) (10,923) -
Saldo laba/ Retained earnings Belum Dicadangkan/ dicadangkan/ Appropriated Unappropriated 45,000 7,500 52,500 7,500 2,177,370 (7,500) (230,576) 768,265 2,707,559 (7,500) (490,456)
Jumlah ekuitas/ Total equity 2,652,969 18,120 (230,576) 768,265 3,208,778 (490,456) Balance as at 1 January 2009 Appropriation to statutory reserve Changes in equity of associates Dividends Net income for the year Balance as at 31 December 2009 Appropriation to statutory reserve Dividends Net unrealised change in cash flow hedge derivatives, net of tax effect of Rp 442 million Net income for the year Balance as at 31 December 2010
2i,17
385,579
55,943
18,120
1,326 1,326
(10,923)
60,000
1,141,179 3,350,782
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
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LAPORAN ARUS KAS KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 Arus kas dari aktivitas operasi Penerimaan kas dari pelanggan dan lainnya Penerimaan kas dari aktivitas operasi lainnya Pembayaran kas kepada pemasok dan karyawan Kas yang dihasilkan dari operasi Penerimaan bunga Pengembalian pajak Pembayaran bunga dan beban keuangan Pembayaran pajak penghasilan Arus kas bersih dihasilkan dari aktivitas operasi Arus kas dari aktivitas investasi Penerimaan dividen kas Hasil penjualan aset tetap Piutang yang (diberikan kepada)/ diterima dari pihak yang mempunyai hubungan istimewa - bersih Penambahan aset tidak berwujud dan beban tangguhan Perolehan aset tetap Akuisisi perusahaan asosiasi, setelah dikurangi arus kas yang diperoleh Kenaikan piutang dari likuidasi anak perusahaan Arus kas bersih digunakan untuk aktivitas investasi Arus kas dari aktivitas pendanaan Penerimaan pinjaman jangka pendek Penerimaan pinjaman jangka panjang Pembayaran hutang pihak yang mempunyai hubungan istimewa - bersih Pembayaran pinjaman jangka panjang Pembayaran dividen Pembayaran pinjaman jangka pendek Arus kas bersih digunakan untuk aktivitas pendanaan (Penurunan)/kenaikan bersih kas dan setara kas 6,187,133 76,826 (5,704,104) 559,855 23,727 22,857 (26,812) (204,879)
CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 5,136,267 29,730 (4,406,794) 759,203 36,307 529 (32,146) (185,148) Cash flows from operating activities Receipts from customers and others Receipts from other operating activities Payments to suppliers and employees Cash generated from operations Interest receipts Tax refund Payments for interest and financial charges Payments for income tax Net cash flows provided by operating activities Cash flows from investing activities Cash dividends receipts Proceeds from sale of fixed assets Receivables (provided to)/ collected from related parties - net Additions of intangible assets and deferred charges Acquisition of fixed assets Acquisition of associate, net of cash acquired Increase in receivable from liquidation of subsidiaries Net cash flows used in investing activities Cash flows from financing activities Proceeds from short-term loans Proceeds from long-term loans Payments of payables to related parties - net Repayments of long-term loans Payments of dividends Repayments of short-term loans Net cash flows used in financing activities Net (decrease)/increase in cash and cash equivalents
374,748
578,745
223,250 2,074
97,303 1,816
(1,053) (13,660)
(206,592)
(34,323)
(450,444)
(300,776)
(282,288)
243,646
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
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LAPORAN ARUS KAS KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 (Penurunan)/kenaikan bersih kas dan setara kas
CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 Net (decrease)/ increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Effect of exchange rate differences on cash and cash equivalents Cash and cash equivalents at the end of the year
(282,288)
243,646
Kas dan setara kas pada awal tahun Dampak perubahan selisih kurs terhadap kas dan setara kas
773,936
525,658
(6,084)
4,632
485,564
773,936
Pengungkapan tambahan Aktivitas investasi dan pendanaan yang tidak mempengaruhi kas:
Supplementary disclosures Non-cash investing and financing activities: (Decrease)/ increase in investment properties through fair value adjustments Additions of fixed assets and intangible assets through payables Additions of fixed assets from advance payment for fixed assets Additions of fixed assets from reclassification of investment properties
(Penurunan)/penambahan properti investasi penyesuaian nilai wajar Penambahan aset tetap dan aset tidak berwujud melalui hutang Penambahan aset tetap dari uang muka pembelian aset tetap Penambahan aset tetap dari reklasifikasi properti investasi
4,213
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
The accompanying notes form an integral part of these consolidated financial statements
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b.
Penawaran umum saham Perusahaan Pada tanggal 29 Mei 1998, Perusahaan memperoleh pernyataan efektif dari Badan Pengawas Pasar Modal (Bapepam) dalam suratnya No. S-1110/PM/1998 untuk melakukan penawaran umum perdana atas 75 juta saham Perusahaan kepada masyarakat dengan nilai nominal Rp 500 per saham dan harga perdana sebesar Rp 575 per saham. Pada tanggal 15 Juni 1998, saham tersebut telah dicatatkan pada Bursa Efek Indonesia.
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c.
Struktur Perusahaan dan anak perusahaan Dengan mengacu kepada Catatan 2b, Perusahaan mengkonsolidasi perusahaan-perusahaan berikut ini:
Jumlah aset (sebelum eliminasi)/ Total assets (before eliminations) 2010 2009 350,180 238,433
Memproduksi dongkrak dan alat perkakas untuk industri otomotif/Manufacture jacks and tools for automotive industry PT Senantiasa Makmur Jakarta Perusahaan investasi/ (SM) Holding company PT FSCM Manufacturing Jakarta Memproduksi rantai kendaraan Indonesia (FSCM) bermotor dan filter mobil/Manufacture automotive chains and automotive filter PT Indokarlo Perkasa Bogor Memproduksi (IKP) suku cadang berbahan karet/Manufacture of rubber parts PT Astra Komponen Jakarta Distributor suku cadang Indonesia (ASKI) sepeda motor/Distributor of motorcycle spareparts PT Ardendi Jaya Jakarta Dealer suku cadang Sentosa (AJS) kendaraan bermotor di Jawa, Bali dan Nusa Tenggara/ Automotive parts dealer in Java, Bali and Nusa Tenggara AOP Australia South Victoria, Distributor suku cadang Pty. Ltd. (AAU) Australia kendaraan bermotor di Australia dan Oceania/ Automotive parts sales distributor in Australia and Oceania PT Century Batteries Jakarta Memproduksi baterai kendaraan Indonesia (CBI) bermotor/Manufacture automotive batteries
1986 1984
100.00 100.00
100.00 100.00
284,416 239,459
220,983 256,032
1988
100.00
100.00
229,741
192,674
1991 1998
100.00 100.00
100.00 100.00
73,469 57,145
163,487 195,019
2004
100.00
100.00
9,230
12,182
1971
80.00
80.00
335,153
305,611
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Anak perusahaan/ Subsidiaries PT Astra Daido Steel Indonesia (ADASI) PT Federal Izumi Manufacturing (FIM) PT Nusa Keihin Indonesia (NKI)
Jenis usaha/ Main activity Jasa pemotongan dan pemanasan baja/Cutting steel and heat treatment services Memproduksi piston kendaraan bermotor/ Manufacture of automotive piston Memproduksi komponen transmisi mobil/ Manufacture of vehicle transmission component Memproduksi suku cadang kendaraan bermotor, terutama frame chassis untuk mobil/Manufacture of automotive parts, particularly frame chassis for vehicles *) *) *) *)
Jumlah aset (sebelum eliminasi)/ Total assets (before eliminations) 2010 2009 102,061 91,469
Cileungsi
1992
58.06
58.06
234,149
197,447
Jakarta
1997
51.00
51.00
50,852
40,578
Jakarta
1993
50.67
50.67
225,660
152,863
PT Banjar Jaya Sentosa (BJS) PT Astrindo Jaya Sentosa (ATS) PT Anugerahparamitra Motorpart (APM) PT Mopart Jaya Utama (MJU) PT Cipta Piranti Tehnik (CPT) *)
Jakarta
*)
1983
100.00
100.00
BJS, ATS, APM, MJU, CPT telah menghentikan usaha utamanya masing-masing pada tahun 2002 (CPT), 2008 (BJS, ATS, APM) dan 2009 (MJU), dan dalam proses likuidasi sejak Desember 2009/BJS, ATS, APM, MJU, CPT ceased their main operations in 2002 (CPT), 2008 (BJS, ATS, APM), and 2009 (MJU) respectively, and have been in the process of liquidation since December 2009.
Non Ferindo Utama Aluminium Alloy, anak perusahaan yang menghentikan kegiatan usaha pada tahun 2000, telah menyelesaikan proses likuidasi sesuai ketentuan pasal 152 (3) Undang-Undang Perseroan Terbatas No. 40/2007 sebagaimana tercantum dalam Akta Notaris No. 1 tanggal 7 Januari 2009 dari Drs. Chaerul Anwar, S.H., notaris di Depok. Hasil akhir likuidasi telah diumumkan melalui Surat Kabar Harian Terbit pada tanggal 2 Februari 2009 dan telah diumumkan dalam Berita Negara Republik Indonesia No. 30 tanggal 14 April 2009.
Non Ferindo Utama Aluminium Alloy, a subsidiary ceased its operation in 2000, has completed the liquidation process which was in conformity with the article 152 (3) of the Limited Liability Company Law No. 40/2007 as notarised in Notarial Deed No. 1 dated 7 January 2009 of Drs. Chaerul Anwar, S.H., a notary in Depok. The result of the liquidation process was published in the Daily Newspapers Harian Terbit on 2 February 2009 and published in State Gazette No. 30 dated 14 April 2009.
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Pada tanggal 31 Desember 2010 dan 2009, susunan anggota Dewan Komisaris dan Direksi Perusahaan adalah sebagai berikut: 2010 Dewan Komisaris Presiden Komisaris Wakil Presiden Komisaris Komisaris
Johnny Darmawan Danusasmita Widya Wiryawan Simon Collier Dixon Chiew Sin Cheok Eduardus Paulus Supit Leonard Lembong Sudirman Maman Rusdi Patrick Morris Alexander Bambang Trisulo Muhammad Chatib Basri
Prijono Sugiarto
Johnny Darmawan Danusasmita Simon John Mawson Chiew Sin Cheok Eduardus Paulus Supit Leonard Lembong
Komisaris Independen
Independent Commissioners
Siswanto Prawiroatmodjo Gustav Afdhol Husein Djangkep Budhi Santoso Darmawan Widjaja Widodo Eko Rijanto Dandy Soelip Robby Sani Niniek Dhamayanti Supojo
Siswanto Prawiroatmodjo Gustav Afdhol Husein Djangkep Budhi Santoso Darmawan Widjaja Widodo Eko Rijanto Dandy Soelip Robby Sani Niniek Dhamayanti Supojo
Pada tanggal 31 Desember 2010, Perusahaan dan anak perusahaan memiliki karyawan kurang lebih 8.320 orang (2009: 7.050 orang) dengan jumlah biaya karyawan untuk tahun yang berakhir pada tanggal 31 Desember 2010 sebesar kurang lebih Rp 729 miliar (2009: Rp 574 miliar).
As at 31 December 2010, the Company and its subsidiaries had approximately 8,320 employees (2009: 7,050 employees) with total employee costs for the year ended 31 December 2010 of approximately Rp 729 billion (2009: Rp 574 billion).
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Laporan keuangan konsolidasian Perusahaan dan anak perusahaan disusun oleh Direksi dan diselesaikan pada tanggal 18 Februari 2011. Berikut ini adalah ikhtisar kebijakan akuntansi yang penting yang diterapkan dalam penyusunan laporan keuangan konsolidasian, yang sesuai dengan prinsip akuntansi yang berlaku umum di Indonesia.
The consolidated financial statements of the Company and subsidiaries were prepared by the Directors and completed on 18 February 2011. Presented below is a summary of significant accounting policies adopted in preparing the consolidated financial statements, which are in conformity with accounting principles generally accepted in Indonesia. a. Basis of preparation of the consolidated financial statements The consolidated financial statements have been prepared under the historical cost convention, except for investment properties and all derivative instruments which are valued at fair value. The consolidated financial statements have been prepared on the basis of the accruals concept, except for the consolidated statements of cash flows. The consolidated statements of cash flows are prepared using the direct method by classifying cash flows on the basis of operating, investing, and financing activities. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in Indonesia requires management to make estimations and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Although these estimates are based on managements best knowledge of current events and activities, actual results may differ from those estimates. Accounting principles generally accepted in Indonesia also require management to exercise its judgement in the process of applying the Companys accounting policies. The accounting policies adopted for this year are consistent with those used in the previous years except for policies affected by the implementation of SFAS 50 (Revised 2006) and SFAS 55 (Revised 2006).
a.
laporan
keuangan
Laporan keuangan konsolidasian disusun berdasarkan konsep harga perolehan, kecuali untuk properti investasi dan instrumen derivatif yang dicatat sebesar nilai wajar.
Laporan keuangan konsolidasian disusun dengan menggunakan dasar akrual (accrual basis), kecuali untuk laporan arus kas konsolidasian.
Laporan arus kas konsolidasian disusun menggunakan metode langsung dan arus kas dikelompokkan atas dasar aktivitas operasi, investasi, dan pendanaan. Penyusunan laporan keuangan konsolidasian sesuai dengan prinsip akuntansi yang berlaku umum di Indonesia mengharuskan manajemen untuk membuat estimasi dan asumsi yang mempengaruhi jumlah aset dan kewajiban dan pengungkapan aset dan kewajiban kontinjensi pada tanggal laporan keuangan konsolidasian serta jumlah pendapatan dan beban selama periode pelaporan.
Walaupun estimasi ini dibuat berdasarkan pengetahuan terbaik manajemen atas kejadian dan tindakan saat ini, hasil yang timbul mungkin berbeda dengan jumlah yang diestimasi semula. Prinsip akuntansi yang berlaku umum di Indonesia juga menghendaki manajemen untuk menggunakan pertimbangan dalam proses penerapan kebijakan akuntansi Perusahaan. Kebijakan akuntansi yang digunakan dalam tahun ini adalah konsisten dengan tahun sebelumnya kecuali kebijakan-kebijakan yang dipengaruhi oleh implementasi PSAK 50 (Revisi 2006) dan PSAK 55 (Revisi 2006).
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Basis of preparation of the consolidated financial statements (continued) Starting from 1 January 2010, the Company and subsidiaries have adopted the following new accounting policies relating to the implementation of SFAS 50 (Revised 2006), Financial Instruments: Presentation and Disclosure and SFAS 55 (Revised 2006), Financial Instruments: Recognition and Measurement. These SFAS are applied prospectively and therefore there is no restatement to the comparative information. Figures in the consolidated financial statements are rounded to and expressed in millions of Rupiah, unless otherwise stated.
Sejak tanggal 1 Januari 2010, Perusahaan dan anak perusahaan telah mengadopsi kebijakan akuntansi baru ini sehubungan dengan implementasi PSAK 50 (Revisi 2006), Instrumen Keuangan: Penyajian dan Pengungkapan dan PSAK 55 (Revisi 2006), Instrumen Keuangan: Pengakuan dan Pengukuran. PSAK ini diterapkan secara prospektif, oleh karena itu tidak terdapat penyajian kembali pada informasi pembanding.
Seluruh angka dalam laporan keuangan konsolidasian, dibulatkan menjadi dan disajikan dalam jutaan Rupiah, kecuali dinyatakan lain. b. Prinsip-prinsip konsolidasi Laporan keuangan konsolidasian menggabungkan aset dan kewajiban pada tanggal 31 Desember 2010 dan 2009 dan hasil usaha untuk tahun yang berakhir pada tanggal-tanggal tersebut dari Perusahaan dan perusahaan-perusahaan dimana Perusahaan memiliki kemampuan secara langsung atau tidak langsung untuk mengendalikan perusahaan-perusahaan tersebut. Seluruh transaksi dan saldo yang material antara perusahaan-perusahaan yang dikonsolidasi telah dieliminasi dalam penyajian laporan keuangan konsolidasian. Hak minoritas atas hasil usaha dan ekuitas perusahaan-perusahaan yang dikendalikan Perusahaan disajikan secara terpisah baik pada laporan laba rugi maupun neraca konsolidasian. Bila pengendalian atas suatu entitas diperoleh dalam tahun berjalan, hasil usaha entitas tersebut dimasukkan dalam laporan laba rugi konsolidasian sejak tanggal pengendalian diperoleh. Bila pengendalian berakhir dalam tahun berjalan, hasil usaha entitas tersebut dimasukkan ke dalam laporan keuangan konsolidasian untuk tahun dimana pengendalian masih berlangsung. b.
Principles of consolidation The consolidated financial statements incorporate the assets and liabilities as at 31 December 2010 and 2009 and results of operations for the years then ended of the Company and entities in which the Company has the ability to directly or indirectly exercise control.
All material transactions and balances between consolidated companies have been eliminated in the consolidated financial statements.
Minority interests in the results and the equity of controlled entities are shown separately in the consolidated statements of income and balance sheets, respectively. Where control of an entity is obtained during a financial year, its results are included in the consolidated statements of income from the date on which control commences. Where control ceases during a financial year, its results are included in the consolidated financial statements for the part of the period during which control existed.
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Principles of consolidation (continued) Goodwill represents the excess of the acquisition cost over the fair value of the net assets acquired at the date of acquisition and in respect of an increase in holding in a subsidiary undertaking, the excess of the cost of acquisition and the carrying value of the proportion of the minority interests acquired. Goodwill is amortised over a period of 5 - 20 years using the straight-line method. Management determines the estimated useful life of goodwill based on its evaluation at the time of the acquisition, considering factors such as existing market share, potential growth, and other factors inherent in the acquired companies. When the cost of the acquisition is less than the acquirer's interest in the fair values of the identifiable assets and liabilities acquired as of the date of the exchange transaction, the fair values of the acquired non-monetary assets should be reduced proportionately until the excess is eliminated. When it is not possible to completely eliminate the excess by reducing the fair values of non-monetary assets acquired, the excess which remains should be described as negative goodwill, treated as deferred income and recognised as income on a systematic basis over a period of not less than 20 years.
Jika biaya perolehan lebih rendah dari bagian pengakuisisi atas nilai wajar aset dan kewajiban yang dapat diidentifikasi yang diakuisisi pada tanggal transaksi, maka nilai wajar aset nonmoneter yang diakuisisi harus diturunkan secara proporsional, sampai seluruh selisih tersebut dieliminasi. Apabila setelah nilai wajar aset nonmoneter sudah diturunkan seluruhnya, namun ternyata masih terdapat sisa selisih yang belum dieliminasi, maka sisa selisih tersebut diakui sebagai goodwill negatif dan diperlakukan sebagai pendapatan ditangguhkan dan diakui sebagai pendapatan secara sistematis selama suatu periode yang tidak kurang dari 20 tahun. Lihat Catatan 2k untuk kebijakan akuntansi terkait dengan transaksi ekuitas perusahaan asosiasi dan jointly controlled entities. Kebijakan akuntansi yang digunakan dalam penyusunan laporan keuangan konsolidasian ini telah diterapkan secara konsisten oleh anak perusahaan, kecuali jika dinyatakan lain.
Refer to Note 2k for the accounting policy relating equity transactions of associates and jointly controlled entities. The accounting policies adopted in preparing the consolidated financial statements have been consistently applied by subsidiaries, unless otherwise stated.
c.
Penjabaran mata uang asing (i) Mata uang pelaporan Laporan keuangan konsolidasian dijabarkan dalam mata uang Rupiah, yang merupakan mata uang fungsional Perusahaan dan mata uang pelaporan Perusahaan.
c.
Foreign currency translation (i) Reporting currency The consolidated financial statements are presented in Rupiah, which is the Companys functional currency and the Companys reporting currency.
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Foreign currency translation (continued) (ii) Transactions and balances Foreign currency transactions are translated into Rupiah using the exchange rates prevailing at the dates of the transactions or valuation where items are remeasured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the consolidated statements of income, except when deferred in equity as qualifying cash flow hedges. The main exchange rates used, based on the middle rates published by Bank Indonesia as at 31 December 2010 and 2009, are as follows (full Rupiah):
(iii) Foreign entities Statements of income and cash flow statements of foreign entities are translated into Rupiah at average exchange rates for the year and their balance sheets are translated at the exchange rates revealing at the balance sheets date. The resulting gains or losses arising from the translation of foreign entities financial statements are reported in the equity section of the consolidated balance sheets. Since the resulting gains or losses arising from the translation of foreign entities financial statements is immaterial, the Company charges to the consolidated statements of income. d. Cash and cash equivalents Cash and cash equivalents include cash on hand, deposits held on call with banks and other short-term highly liquid investments with original maturities of three months or less, net of bank overdrafts. Bank overdrafts are shown within short-term loans in the consolidated balance sheets.
d.
Kas dan setara kas Kas dan setara kas mencakup kas, simpanan yang sewaktu-waktu bisa dicairkan, dan investasi likuid jangka pendek lainnya dengan jangka waktu jatuh tempo tiga bulan atau kurang, setelah dikurangi dengan cerukan. Cerukan disajikan sebagai bagian dari pinjaman jangka pendek dalam neraca konsolidasian.
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The amount of the provision is the difference between the assets carrying amount and the present value of estimated future cash flows, discounted at the effective interest rate. The carrying amount of the asset is reduced through the use of a provision account, and the amount of the loss is recognised in the consolidated statements of income. When a trade receivable is uncollectible, it is written off against the provision for impairment of trade receivables. Subsequent recoveries of amounts previously written off are credited against the consolidated statements of income. f. Finance leases When assets are leased out under a finance lease, the present value of the lease payments is recognised as a receivable. The difference between the gross receivable and the present value of the receivable is recognised as unearned finance income. Finance leases income is recognised over the term of the respective contracts using the effective interest method. g. Loans and receivables The Company and subsidiaries classifies its financial assets in the categories of loans and receivables. The classification depends on the purpose for which the financial assets were acquired. Management determines the classification of its financial assets at initial recognition.
f.
Sewa pembiayaan Apabila aset disewakan melalui sewa pembiayaan, nilai kini pembayaran sewa diakui sebagai piutang. Selisih antara nilai piutang bruto dan nilai kini piutang tersebut diakui sebagai penghasilan pembiayaan tangguhan.
Pendapatan dari sewa pembiayaan diakui sesuai dengan jangka waktu kontrak berdasarkan metode suku bunga efektif. g. Pinjaman yang diberikan dan piutang Perusahaan dan anak perusahaan mengklasifikasikan aset keuangannya dalam kategori pinjaman yang diberikan dan piutang. Klasifikasi ini tergantung dari tujuan perolehan aset keuangan tersebut. Manajemen menentukan klasifikasi aset keuangan tersebut pada saat awal pengakuannya.
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Loans and receivables (continued) Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They are included in current assets, except for maturities greater than 12 months after the balance sheet date are classified as non-current assets. The Company and subsidiaries loans and receivables comprise cash and cash equivalents, trade receivables and other receivables in the consolidated balance sheets. Loans and receivables are carried at amortised cost using the effective interest method.
Pinjaman yang diberikan dan piutang dicatat sebesar biaya perolehan diamortisasi menggunakan metode suku bunga efektif. h. Saling hapus instrumen keuangan Aset keuangan dan kewajiban keuangan saling hapus dan nilai bersihnya disajikan dalam neraca konsolidasian jika memiliki hak yang berkekuatan hukum untuk melakukan saling hapus atas jumlah yang telah diakui tersebut dan berniat untuk menyelesaikan secara neto atau untuk merealisasikan aset dan menyelesaikan kewajibannya secara simultan. i. Instrumen derivatif keuangan lindung nilai dan aktivitas
h. Offsetting financial instruments Financial assets and liabilities are offset and the net amount reported in the consolidated balance sheets when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis, or realise the asset and settle the liability simultaneously.
i. Derivative financial instruments and hedging activities Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured at their fair value. The method of recognising the resulting gain or loss on the changes in fair value depends on whether the derivative is designated and qualified as a hedging instrument for accounting purposes and the nature of the item being hedged. The Company documents at the inception of the transaction the relationship between hedging instruments and hedged items, as well as its risk management objectives and strategy for undertaking various hedging transactions. The Company also documents its assessment, both at hedge inception and on an ongoing basis, of whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items.
Instrumen derivatif awalnya diakui sebesar nilai wajar pada saat kontrak tersebut dilakukan, dan selanjutnya diukur pada nilai wajarnya. Metode pengakuan keuntungan atau kerugian perubahan nilai wajar tergantung apakah derivatif ditetapkan dan memenuhi kualifikasi sebagai instrumen lindung nilai untuk tujuan akuntansi dan sifat dari item yang dilindung nilai.
Pada saat dimulainya lindung nilai, Perusahaan melakukan dokumentasi formal atas hubungan lindung nilai dan item yang dilindung nilai, juga tujuan manajemen risiko serta strategi pelaksanaan lindung nilai. Perusahaan juga melakukan dokumentasi, baik pada saat dimulainya lindung nilai dan secara berkelanjutan, atas penetapan apakah derivatif yang digunakan sebagai transaksi lindung nilai memiliki efektivitas yang tinggi dalam rangka saling hapus atas perubahan nilai wajar atau perubahan arus kas dari item yang dilindung nilai.
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i. Derivative financial instruments and hedging activities (continued) The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedge reserve is recognised in the consolidated statements of changes in equity. The gain or loss relating to the ineffective portion is recognised immediately in the consolidated statements of income within gain/(loss) on foreign exchange - net. Amounts accumulated in equity are recycled in the consolidated statements of income in the periods when the hedged item affects profit or loss. The gain or loss relating to the effective portion of cross-currency swap hedging variable rate borrowings and foreign exchange difference are recognised in the consolidated statements of income within interest and financial charges and gain/(loss) on foreign exchange - net. The gain or loss relating to the ineffective portion is recognised in the consolidated statements of income within gain/(loss) on foreign exchange net. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction is ultimately recognised in the consolidated statements of income. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately transferred to the consolidated statements of income as gain/(loss) on foreign exchange - net. Changes in the fair value of derivatives that do not meet the criteria of hedging for accounting purposes are recorded in the consolidated statements of income. The fair value of derivative instruments is classified as a non-current asset or liability if the remaining maturities of the derivative instruments are greater than 12 months.
Bagian yang efektif atas perubahan nilai wajar derivatif yang ditujukan dan memenuhi kualifikasi sebagai lindung nilai arus kas, diakui sebagai cadangan lindung nilai arus kas dalam laporan perubahan ekuitas konsolidasian. Keuntungan atau kerugian atas bagian yang tidak efektif diakui langsung pada laporan laba rugi konsolidasian sebagai keuntungan/(kerugian) kurs mata uang asing - bersih. Jumlah akumulasi dalam ekuitas dibebankan ke laporan laba rugi konsolidasian ketika item yang dilindung nilai mempengaruhi laba rugi. Keuntungan atau kerugian terkait dengan bagian efektif transaksi cross-currency swap untuk melindungi nilai pinjaman suku bunga mengambang dan selisih kurs disajikan dalam laporan laba rugi konsolidasian sebagai beban bunga dan keuangan dan keuntungan/(kerugian) kurs mata uang asing bersih. Keuntungan atau kerugian terkait bagian tidak efektif disajikan dalam laporan laba rugi konsolidasian sebagai keuntungan/(kerugian) kurs mata uang asing - bersih. Ketika instrumen lindung nilai jatuh tempo atau dijual, atau tidak lagi memenuhi kriteria lindung nilai, setiap keuntungan atau kerugian kumulatif yang masih terdapat dalam ekuitas saat itu tetap berada dibagian ekuitas dan diakui pada saat transaksi yang diperkirakan diakui dalam laporan laba rugi konsolidasian. Ketika transaksi yang diperkirakan tidak terjadi, keuntungan atau kerugian kumulatif yang disajikan dalam ekuitas dibebankan ke laporan laba rugi konsolidasian sebagai keuntungan/ (kerugian) kurs mata uang asing - bersih.
Perubahan nilai wajar derivatif yang tidak memenuhi kriteria lindung nilai untuk tujuan akuntansi diakui pada laporan laba rugi konsolidasian.
Nilai wajar instrumen derivatif diklasifikasikan sebagai aset atau kewajiban tidak lancar jika jatuh tempo instrumen derivatif lebih dari 12 bulan.
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Provision for obsolete and slow moving inventory is determined on the basis of estimated future usage or sale of inventory items. Investments in associates controlled entities and jointly
Investments in companies in which the Company or subsidiaries have 20% to 50% of the voting rights and exert significant influence, but which they do not control (associates) and entities in which the Company or subsidiaries have 50% or more of the voting rights but are controlled jointly with another shareholder (jointly controlled entities), are accounted for using equity method. Based on this method, the cost of investment is adjusted by the Companys or subsidiaries share of the results of the associates and jointly controlled entities and dividend distributions from the date of acquisition. Once an investments carrying value has been reduced to zero, further losses are taken up if the Company or subsidiaries have committed to provide financial support to, or have guaranteed the obligations of the associates and jointly controlled entities.
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and
jointly
Share of results of associates and jointly controlled entities is adjusted for the amortisation of the difference between the cost of the investment and the Companys or subsidiaries proportionate share in the underlying fair value of the net assets at the date of acquisition (goodwill) using straight-line amortisation, generally over 5 - 20 years. Amortisation periods are based on the estimated useful lives of the assets acquired. Unrealised gains on transactions between the Company or subsidiaries and its associates and jointly controlled entities are eliminated to the extent of the Companys interest in the associates and jointly controlled entities; unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.
Provision is made for any permanent decline in the value of investments. Changes in value of the investments due to changes of equity in subsidiaries or associates and jointly controlled entities arising from capital transactions of such subsidiaries or associates and jointly controlled entities with other parties are recognised in equity as Changes in equity of subsidiaries and associates, and recognised as income or expenses in the period the investments are disposed of.
Other long term investments Investments in shares of stock with ownership interest of less than 20% that do not have readily determinable fair values and are intended for long-term investments are stated at cost (cost method). The carrying amount of the investments is written down to recognise a permanent decline in value of the individual investments. Any such write-down is charged directly to the consolidated statements of income.
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Biaya-biaya setelah perolehan awal diakui sebagai bagian dari nilai tercatat aset atau sebagai aset yang terpisah hanya apabila kemungkinan besar Perusahaan dan anak perusahaan akan mendapatkan manfaat ekonomis di masa depan berkenaan dengan aset tersebut dan biaya perolehan aset dapat diukur dengan handal. Jumlah tercatat komponen yang diganti tidak lagi diakui. Biaya perbaikan dan pemeliharaan dibebankan ke dalam laporan laba rugi konsolidasian selama periode dimana biaya-biaya tersebut terjadi. Nilai residu dan umur manfaat setiap aset ditinjau ulang, dan disesuaikan jika perlu, pada setiap tanggal neraca. Nilai tercatat aset diturunkan menjadi nilai yang dapat diperoleh kembali jika nilai tercatat aset lebih besar dari estimasi nilai yang dapat diperoleh kembali. Keuntungan dan kerugian yang timbul dari pelepasan aset ditentukan sebesar perbedaan antara penerimaan hasil pelepasan dan jumlah tercatat aset tersebut dan diakui dalam akun penghasilan/(beban) lain-lain - bersih di laporan laba rugi konsolidasian. Akumulasi biaya konstruksi bangunan, pabrik, dan pemasangan mesin dikapitalisasi sebagai aset dalam penyelesaian. Biaya tersebut direklasifikasi ke akun aset tetap pada saat proses konstruksi atau pemasangan selesai. Penyusutan mulai dibebankan pada saat aset tersebut siap untuk digunakan.
Subsequent costs are included in the assets carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and subsidiaries and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognised. All other repairs and maintenance are charged to the consolidated statements of income during the financial period in which they are incurred. The assets residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date. An assets carrying amount is written down immediately to its recoverable amount if the assets carrying amount is greater than its estimated recoverable amount. Gains and losses on disposals of assets are determined by comparing the proceeds with the carrying amount and are recognised within other income/(expenses) - net in the consolidated statements of income.
The accumulated costs of the construction of buildings, plants and the installation of machinery are capitalised as assets under construction. These costs are reclassified to the fixed assets accounts when the construction or installation is complete. Depreciation is charged from the date when assets are ready for use.
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Properti investasi dicatat sebesar nilai wajar yang mencerminkan nilai pasar yang ditentukan setiap tahun oleh penilai independen. Perubahan nilai wajar properti investasi diakui pada laporan laba rugi konsolidasian.
n.
Penurunan nilai dari aset non-keuangan Aset non-keuangan ditelaah untuk mengetahui apakah telah terjadi penurunan nilai bilamana terjadi perubahan atau keadaan yang mengindikasikan bahwa nilai tercatat aset tersebut tidak dapat diperoleh kembali. Kerugian akibat penurunan nilai diakui sebesar selisih antara nilai tercatat aset dengan nilai yang dapat diperoleh kembali dari aset tersebut. Nilai yang dapat diperoleh kembali adalah nilai yang lebih tinggi diantara harga jual bersih dan nilai pakai aset. Dalam rangka mengukur penurunan nilai, aset dikelompokkan hingga unit terkecil yang menghasilkan arus kas terpisah (cash-generating units). Aset non-keuangan yang diturunkan nilainya ditinjau ulang untuk kemungkinan adanya pembalikan terhadap nilai penurunan setiap tanggal pelaporan. Kerugian akibat penurunan nilai dari aset non-keuangan disajikan dalam laporan laba rugi konsolidasian sebagai penghasilan/(beban) lain-lain - bersih.
o.
Hutang usaha dan hutang lain-lain Hutang usaha dan hutang lain-lain diakui sebesar nilai wajar pada saat pengakuan awalnya dan selanjutnya diukur sebesar biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif.
o.
Trade and other payables Trade and other payables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method.
p. Pinjaman Pada saat pengakuan awal, pinjaman diakui sebesar jumlah bersih nilai wajar setelah dikurangi biaya transaksi yang terjadi. Setelah pengakuan awal, pinjaman diakui sebesar biaya perolehan diamortisasi. Pinjaman diklasifikasikan sebagai kewajiban jangka panjang kecuali yang akan jatuh tempo dalam waktu 12 bulan setelah tanggal neraca.
p. Loans Loans are recognised initially at fair value, net of transaction costs incurred. Loans are subsequently stated at amortised cost. Loans are classified under non-current liabilities unless their maturities are within 12 months after the balance sheet date.
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Restructuring transactions among entities under common control Restructuring transactions among entities under common control are accounted for as if using the pooling-of-interests method. The difference between the costs of investment and book value of the acquired net assets are recorded as differences in value of restructuring transaction among entities under common control under the equity section of the consolidated balance sheets.
Transaksi restrukturisasi antar entitas sepengendali dicatat seolah-olah menggunakan metode penyatuan kepemilikan. Selisih antara biaya investasi dengan nilai buku aset bersih yang diperoleh dicatat sebagai selisih transaksi restrukturisasi entitas sepengendali pada bagian ekuitas di neraca konsolidasian.
s.
Pengakuan pendapatan dan beban Pendapatan bersih adalah pendapatan Perusahaan dan anak perusahaan yang diperoleh dari penjualan produk dan jasa, setelah dikurangi diskon, retur, insentif penjualan, dan pajak pertambahan nilai. Pendapatan dari penjualan barang diakui pada saat risiko secara signifikan dan manfaat kepemilikan barang telah berpindah kepada pelanggan. Pendapatan jasa diakui pada saat jasa diberikan dimana jumlah tersebut dapat diukur dengan andal.
s.
Revenue and expense recognition Net revenue represents revenue earned from the sale of the Companys and subsidiaries products and services, net of discounts, returns, sales incentives, and value added tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to customers. Revenue from the rendering of services is recognised when services are performed, provided that the amount can be measured reliably. Expenses are recognised as incurred on an accruals basis.
Beban diakui pada saat menggunakan dasar akrual. t. Imbalan kerja Imbalan kerja jangka pendek
terjadinya,
dengan
t. Employee benefits Short-term employee benefits Short-term employee benefits are recognised when they accrued to the employees.
Imbalan kerja jangka pendek diakui pada saat terhutang kepada karyawan.
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Perusahaan dan anak perusahaan memiliki program pensiun imbalan pasti dan iuran pasti. Program pensiun imbalan pasti adalah program pensiun yang menetapkan jumlah imbalan pensiun yang akan diterima oleh karyawan pada saat pensiun, yang biasanya tergantung pada satu faktor atau lebih, seperti umur, masa kerja, dan jumlah kompensasi.
Program pensiun iuran pasti adalah program pensiun dimana Perusahaan dan anak perusahaan akan membayar iuran tetap kepada sebuah entitas yang terpisah (dana pensiun). Kewajiban imbalan pensiun tersebut merupakan nilai kini kewajiban imbalan pasti pada tanggal neraca dikurangi dengan nilai wajar aset program dan penyesuaian atas keuntungan atau kerugian aktuarial dan biaya jasa lalu yang belum diakui. Kewajiban imbalan pasti dihitung setiap tahun oleh aktuaris independen dengan menggunakan metode projectedunit-credit. Nilai kini kewajiban imbalan pasti ditentukan dengan mendiskontokan estimasi arus kas di masa depan dengan menggunakan tingkat bunga obligasi pemerintah jangka panjang pada tanggal neraca dalam mata uang Rupiah sesuai dengan mata uang di mana imbalan tersebut akan dibayarkan dan yang memiliki jangka waktu yang sama dengan kewajiban imbalan pensiun yang bersangkutan. Perusahaan dan anak perusahaan harus menyediakan imbalan pensiun minimum yang diatur dalam UU No. 13/2003, yang merupakan kewajiban imbalan pasti. Jika imbalan pensiun berdasarkan UU No. 13/2003 lebih besar daripada program pensiun yang ada, maka Perusahaan dan anak perusahaan membukukan selisih tersebut sebagai kewajiban imbalan kerja. Keuntungan dan kerugian aktuarial yang timbul dari penyesuaian dan perubahan dalam asumsi-asumsi aktuarial yang jumlahnya melebihi jumlah yang lebih besar dari 10% dari nilai wajar aset program atau 10% dari nilai kini imbalan pasti, dibebankan atau dikreditkan ke laporan laba rugi konsolidasian selama sisa masa kerja rata-rata yang diharapkan dari karyawan tersebut.
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Other long-term benefits Other long-term employee benefits such as long service leave and jubilee awards are calculated in accordance with the Companys and subsidiaries regulations and using the same methodology as other post-employment benefits. Provisions Provisions are recognised when the Company and subsidiaries have a present obligation (legal or constructive) as a result of past events, it is probable that an outflow of resources will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. Provisions are not recognised for future operating losses.
Taxation The tax expense for the period comprises current and deferred tax. Tax is recognised in the consolidated statements of income, except to the extent that it relates to items recognised directly in equity. In this case, the tax is also recognised in equity.
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Deferred tax assets are recognised to the extent that it is probable that future taxable profit will be available against which the deductible temporary differences can be utilised.
Amendments to taxation obligations are recorded when an assessment is received or, if objected to/appealed against, when the result of the objection/appeal is determined.
w. Earnings per share Earnings per share is calculated by dividing net profit by the weighted average number of ordinary shares outstanding during the year. As at 31 December 2010 and 2009, there were no existing instruments which could result in the issue of further ordinary shares. Therefore, diluted earnings per share are equivalent to basic earnings per share. Dividends Final dividend distributions are recognised as a liability when the dividends are approved in the Companys General Meeting of the Shareholders. Interim dividend distributions are recognised as a liability when the dividends are approved by a Board of Directors Resolution in accordance with the Companys Articles of Association.
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The Company and subsidiaries enter into transactions with related parties as defined in SFAS No. 7 Related Party Disclosures.
Seluruh transaksi dan saldo yang material dengan pihak-pihak yang mempunyai hubungan istimewa diungkapkan dalam catatan atas laporan keuangan konsolidasian. z. Pelaporan segmen Pelaporan segmen disajikan berdasarkan segmen usaha yang teridentifikasikan. Segmen usaha merupakan komponen yang dapat dibedakan dalam menghasilkan produk dan jasa dan kelompok tersebut memiliki risiko dan imbalan yang berbeda dengan risiko dan imbalan segmen usaha lainnya. z.
All significant transactions and balances with related parties are disclosed in the notes to the consolidated financial statements.
Segment reporting Segment reporting is presented based upon identifiable business segments. A business segment is a distinguishable component that engages in providing products and services subject to risks and returns which are different from those of other business segments.
3.
MANAJEMEN RISIKO KEUANGAN a. Faktor Risiko Keuangan Dalam aktivitasnya Perusahaan dan anak perusahaan terekspos terhadap berbagai macam risiko keuangan, antara lain risiko pasar (termasuk risiko mata uang dan risiko suku bunga atas arus kas) dan risiko kredit. Program manajemen risiko keseluruhan yang dimiliki Perusahaan dan anak perusahaan difokuskan untuk menghadapi ketidakpastian yang dihadapi dalam pasar keuangan dan untuk meminimalkan potensi efek yang buruk pada kinerja keuangan Perusahaan dan anak perusahaan.
3.
FINANCIAL RISK MANAGEMENT a. Financial risk factors The Company and subsidiaries activities expose it to a variety of financial risks: market risk (including currency risk and cash flow interest-rate risk) and credit risk. The Company and subsidiaries overall risk management programme focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the Company and subsidiaries financial performance.
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In addition to that, the Company also entered a cross currency swap contract to manage the foreign exchange risk arising from the loan denominated in foreign currency. (b) Cash flow interest rate risk As the Company and subsidiaries have no significant interest-bearing assets, the Company and subsidiaries income and operating cash flows are substantially independent of changes in market interest rates.
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Risiko tingkat bunga Perusahaan dan anak perusahaan timbul dari pinjaman. Pinjaman yang diterbitkan dengan tingkat bunga mengambang menimbulkan risiko suku bunga atas arus kas. Perusahaan dan anak perusahaan melakukan penelaahan berkala atas dampak suku bunga untuk mengelola risiko suku bunga atas arus kas. Berdasarkan analisa ini, Perusahaan dan anak perusahaan menghitung dampak terhadap laba rugi dari pergeseran tingkat bunga yang ditetapkan. Berdasarkan analisa yang dilakukan, dampak terhadap laba setelah pajak akibat pergeseran 1% tingkat suku bunga akan mengakibatkan kenaikan maksimum atau penurunan sebesar Rp 418 juta. Analisa ini dilakukan secara rutin dan dimana dianggap perlu, untuk memastikan bahwa potensi kerugian maksimum berada dalam batas yang ditetapkan oleh manajemen.
The Company and subsidiaries interest rate risk arises from loans. Loans issued at variable rates expose the Company and subsidiaries to cash flow interest rate risk. The Company and subsidiaries perform regular review on the impact of interest rate to manage the cash flow interest rate risk. Based on this analysis, the Company and subsidiaries calculate the impact on profit and loss of a defined interest rate shift.
Based on the analysis performed, the impact on post tax profit of a 1% shift of interest rate would be a maximum increase or decrease of Rp 418 million, respectively. The analysis is done on regular basis and where deemed necessary, to verify that the maximum loss potential is within the limit given by the management.
Perusahaan juga mengatur risiko suku bunga atas arus kas dengan menggunakan kontrak cross currency swap, dengan melakukan konversi suku bunga pinjaman dari suku bunga mengambang menjadi suku bunga tetap. (2) Risiko kredit Perusahaan dan anak perusahaan tidak memiliki konsentrasi yang signifikan terhadap risiko kredit. Terdapat kebijakan untuk memastikan keseluruhan penjualan produk dilakukan kepada pelanggan dengan riwayat kredit yang baik. Selain itu, Perusahaan dan anak perusahaan melakukan penelaahan atas kredit pelanggan yang ada dan menggunakan batas kredit untuk mengatur risiko kredit.
The Company also manages its cash flow interest rate risk by using cross currency swap contract, which converting the loan from a floating interest rate to a fixed interest rate.
(2) Credit risk The Company and subsidiaries have no significant concentrations of credit risk. It has policies in place to ensure that wholesale sales of products are made to customers with an appropriate credit history. In addition, the Company and subsidiaries perform credit reviews of its existing customers and uses credit limits to regulate credit risks.
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b.
Estimasi nilai wajar Nilai tercatat bruto untuk aset keuangan yang jatuh tempo kurang dari satu tahun, termasuk kas dan setara kas, piutang usaha serta piutang lainnya, diasumsikan mendekati nilai wajarnya karena jatuh tempo dalam jangka waktu yang pendek. Simpanan jaminan disajikan sebesar nilai tercatat yang mendekati nilai wajar karena dampak dari diskonto yang tidak signifikan.
Nilai tercatat kewajiban keuangan yang meliputi hutang usaha, hutang lainnya dan pinjaman, mendekati nilai wajarnya karena dampak dari diskonto yang tidak signifikan. Nilai wajar kontrak cross currency swap dihitung sebesar nilai kini terhadap estimasi arus kas masa depan.
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42,734 35,283 18,496 17,188 11,719 8,032 7,550 6,454 5,170 3,656 2,165 1,239
39,866 34,716 5,189 13,130 111 11,342 7,563 1,457 4,732 1,095 13
1,095 160,781
2,335 121,549 5,270 1,171 5,872 21,980 22,820 13,401 861 5,224 1,483 1,589 6,153 6,149
Mata uang asing/Foreign currencies: PT Bank Internasional Indonesia Tbk PT Bank Central Asia Tbk PT Bank Mizuho Indonesia Standard Chartered Bank PT Bank Resona Perdania The Hongkong Shanghai Banking Corporation Ltd PT Bank Sumitomo Mitsui Indonesia PT Bank Permata Tbk The Bank of Tokyo-Mitsubishi UFJ, Ltd PT Bank CIMB Niaga Tbk PT Bank Ekonomi Raharja Tbk The Royal Bank of Scotland Lain-lain/Others (masing-masing di bawah Rp 1 miliar)/ (below Rp 1 billion each)
16,539 12,961 7,924 7,115 7,032 6,577 5,540 2,276 1,755 1,494 1,068 775
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49,942 41,800 41,000 26,000 16,500 15,000 9,010 5,500 5,500 1,900 349 212,501
92,501 119,468 55,765 9,000 8,000 18,000 39,280 67,000 30,708 24,000 20,169 15,000 10,435 10,000 7,400 5,000 531,726 5,308 13,660 2,820 941 2,820 25,549 557,275
Dollar Amerika Serikat/US Dollar: PT Bank Permata Tbk PT Bank Negara Indonesia (Persero) Tbk PT Bank China Trust Indonesia PT Bank Internasional Indonesia Tbk PT Bank OCBC NISP Tbk PT Bank CIMB Niaga Tbk
15,105 9,890 7,642 1,903 1,798 1,349 37,687 250,188 2010 2009
Tingkat bunga per tahun deposito berjangka dan call deposits Rupiah Dollar Amerika Serikat
Interest rates per annum on time and call deposits Rupiah US Dollar
Pada tanggal 31 Desember 2010, kas Perusahaan dan anak perusahaan yang tersimpan dan yang dalam perjalanan diasuransikan terhadap risiko kehilangan dengan nilai pertanggungan yang setara dengan Rp 35,4 miliar (2009: Rp 44,8 miliar) yang menurut pendapat manajemen cukup untuk menutup kemungkinan kerugian. Lihat Catatan 35 untuk rincian saldo dalam mata uang asing.
As at 31 December 2010, cash of the Company and subsidiaries at premises and in transit were covered by insurance against loss equivalent to Rp 35.4 billion (2009: Rp 44.8 billion) which management believes is adequate to cover possible loss.
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Mutasi penyisihan penurunan nilai piutang usaha Perusahaan dan anak perusahaan adalah sebagai berikut: 2010 Saldo awal Penambahan penyisihan, bersih Penghapusan Saldo akhir 14,229 1,050 (344) 14,935
The movement in the Company and subsidiaries provision for impairment of trade receivables is as follows: 2009 14,105 7,083 (6,959) 14,229 Beginning balance Addition in provision, net Written off Ending balance
Penambahan dan pemulihan atas penyisihan penurunan nilai piutang usaha telah dimasukkan ke dalam beban usaha dalam laporan laba rugi konsolidasian. Jumlah yang dibebankan dalam akun penyisihan dihapuskan ketika tidak tertagih.
The addition and recovery of provision for impairment o f trade receivables have been included in operating expenses in the consolidated statements of income. Amounts charged to the provision account are generally written off when there is no expectation of recovering. As of 31 December 2010, trade receivables of Rp 792 billion (2009: Rp 704 billion) were fully performing.
Pada tanggal 31 Desember 2010, piutang usaha sebesar Rp 792 miliar (2009: Rp 704 miliar) sepenuhnya dapat ditagih.
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6.
INVENTORIES 2009 112,352 62,075 236,710 93,094 35,714 539,945 Provision for obsolete and slow moving inventories Raw materials, spareparts and work in process Finished goods Raw materials Work in process Finished goods Indirect materials and spareparts Goods in transit
Mutasi penyisihan persediaan usang dan lambat bergerak Perusahaan dan anak perusahaan adalah sebagai berikut: 2010 Saldo awal (Pemulihan)/penambahan penyisihan, bersih Penghapusan Saldo akhir 25,325 (5,313) (132) 19,880
The movement in the Company and subsidiaries provision for obsolete and slow moving inventories is as follows: 2009 21,639 3,686 25,325 Beginning balance (Recovery)/addition in provision, net Written-off Ending balance
Manajemen berkeyakinan bahwa penyisihan persediaan usang dan lambat bergerak cukup untuk menutupi kerugian karena penurunan nilai persediaan. Pada tanggal 31 Desember 2010, persediaan telah diasuransikan terhadap risiko kebakaran, pencurian dan risiko lain dengan jumlah pertanggungan setara dengan Rp 396,2 miliar (2009: Rp 535,9 miliar) yang menurut pendapat manajemen cukup untuk menutup kemungkinan kerugian. Pada tanggal 31 Desember 2010, tidak ada persediaan yang dijadikan jaminan untuk pinjaman tertentu (2009: Rp 20 miliar) (lihat Catatan 16).
Management believes that the provision for obsolete and slow moving inventory is adequate to cover loss due to the decline in value of inventories. As at 31 December 2010, all inventories were insured against fire, theft and other possible risks in an amount equivalent to Rp 396.2 billion (2009: Rp 535.9 billion) which management believes is adequate to cover possible loss.
As at 31 December 2010, there were no inventories used as collateral for certain loans (2009: Rp 20 billion) (refer to Note 16).
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2009 The Company Value added tax Subsidiaries Corporate income tax 2010 2009 Value added tax Claim for tax refund
b.
Hutang pajak 2010 Perusahaan Pajak penghasilan: Pasal 21 Pasal 23 Pasal 25 Pasal 29 Pajak cabang luar negeri Pajak pertambahan nilai
2009 The Company Income taxes: Article 21 Article 23 Article 25 Article 29 Branch profit tax Value added tax
Anak perusahaan Pajak penghasilan: Pasal 21 Pasal 23 Pasal 25 Pasal 26 Pasal 29 Pajak pertambahan nilai
6,521 2,095 5,825 162 35,171 12,383 62,157 98,276 c. Income tax expenses
Subsidiaries Income taxes: Article 21 Article 23 Article 25 Article 26 Article 29 Value added tax
c.
Beban pajak penghasilan 2010 Perusahaan Kini Non Final Final Tangguhan
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Rekonsiliasi antara beban pajak penghasilan dan hasil perhitungan teoritis laba sebelum pajak penghasilan sebagai berikut: 2010 Laba konsolidasian sebelum pajak penghasilan Eliminasi konsolidasi Laba konsolidasian sebelum pajak dan eliminasi Dikurangi: Laba sebelum pajak penghasilan anak perusahaan Laba sebelum pajak penghasilan Perusahaan Pajak dihitung pada tarif pajak yang berlaku Penghasilan bukan obyek pajak Penghasilan kena pajak final Beban yang tidak dapat dikurangkan Pengaruh perubahan atas tarif pajak Pajak final Beban pajak penghasilan Perusahaan Beban pajak penghasilan anak perusahaan Beban pajak penghasilan konsolidasian 1,394,261 389,919
The reconciliation between income tax expenses and the theoretical tax amount on profit before income tax is as follows: 2009 947,001 262,436 Consolidated profit before income tax Consolidation eliminations Consolidated profit before income tax and eliminations Less: Profit before income tax of subsidiaries Profit before income tax of the Company Tax calculated at applicable tax rates Income not subject to tax Income subject to final tax Non-deductible expenses Effect of changes in tax rates Final tax Income tax expense of the Company Income tax expense of subsidiaries
1,784,180
1,209,437
(600,733)
(409,192)
1,183,447
800,245
(42,268) (126,688)
(31,980) (105,066)
(168,956)
(137,046)
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Perbedaan permanen Penghasilan bukan objek pajak Penghasilan kena pajak final Beban yang tidak dapat dikurangkan
Permanent differences Income not subject to tax Income subject to final tax Non deductible expenses
Penghasilan kena pajak Perusahaan Beban pajak penghasilan kini Perusahaan Pembayaran pajak dimuka Perusahaan Hutang pajak penghasilan Perusahaan
264,401
Taxable income of the Company Current income tax expenses of the Company Prepayment of income taxes of the Company Income tax payable of the Company Current income tax expenses of subsidiaries Prepayment of income taxes of subsidiaries
66,100 (46,580)
44,485 (39,432)
19,520
5,053
Beban pajak kini anak perusahaan Pembayaran pajak dimuka anak perusahaan Hutang pajak penghasilan anak perusahaan, setelah dikurangi pajak dibayar dimuka
125,876 (118,620)
104,654 (93,409)
7,256
11,245
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19,473 (12,217)
35,171 (23,926)
7,256
11,245
Dalam laporan keuangan konsolidasian ini, jumlah penghasilan kena pajak didasarkan atas perhitungan sementara, karena Perusahaan dan anak perusahaan belum menyampaikan Surat Pemberitahuan Tahunan (SPT) pajak penghasilan badan final. d. Aset pajak tangguhan
In these consolidated financial statements, the amount of taxable income is based on preliminary calculations, as the Company and subsidiaries have not yet submitted the final corporate income tax return.
Pada awal tahun/ At beginning of year Perusahaan: Penyisihan persediaan usang dan lambat bergerak Perbedaan antara nilai buku bersih aset tetap komersial dan fiskal Kewajiban imbalan kerja Penyisihan penurunan nilai piutang usaha Promosi penjualan Lain-lain Aset pajak tangguhan Perusahaan, bersih Aset pajak tangguhan anak perusahaan, bersih
Pada akhir tahun/ At end of year The Company: Provision for obsolete and slow moving inventory Difference between commercial and fiscal fixed assets net book value Employee benefits obligation Provision for impairment of trade receivables Sales promotion Others Deferred tax assets of the Company, net Deferred tax assets of subsidiaries, net
878
(373)
505
1,837
-
(442)
49,889
26,457
1,395
77,741
38,739 88,628
2,624 29,081
(1,837) (442)
39,526 117,267
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Pada awal tahun/ At beginning of year Perusahaan: Penyisihan persediaan usang dan lambat bergerak Perbedaan antara nilai buku bersih aset tetap komersial dan fiskal Kewajiban imbalan kerja Penyisihan penurunan nilai piutang usaha Promosi penjualan Lain-lain Aset pajak tangguhan Perusahaan, bersih Aset pajak tangguhan anak perusahaan, bersih
Pada akhir tahun/ At end of year The Company: Provision for obsolete and slow moving inventory Difference between commercial and fiscal fixed assets net book value Employee benefits obligation Provision for impairment of trade receivables Sales promotion Others Deferred tax assets of the Company, net Deferred tax assets of subsidiaries, net
1,310
(432)
878
34,751 67,354
3,988 21,274
38,739 88,628
Manajemen berpendapat bahwa aset pajak tangguhan yang timbul dari perbedaan temporer dapat direalisasikan pada masa mendatang. e. Surat ketetapan pajak yang signifikan Anak perusahaan Tahun pajak 2009 Pada tahun 2010, CBI menerima beberapa Surat Ketetapan Pajak Lebih Bayar (SKPLB) atas kelebihan pembayaran Pajak Pertambahan Nilai (PPN) tahun 2009 sebesar Rp 18.233 juta, berbeda dengan jumlah lebih bayar yang diklaim sebelumnya oleh CBI sebesar Rp 18.274 juta. CBI setuju atas surat ketetapan pajak di atas dan membebankan kekurangan pembayaran pajak tersebut pada laporan laba rugi tahun berjalan. e.
Management expects the deferred tax assets arising from temporary differences to be realised in the foreseeable future. Significant tax assessment letters Subsidiaries Fiscal year 2009 In 2010, CBI received several tax assessment letters confirming an overpayment of the 2009 Value Added Tax (VAT) of Rp 18,233 million instead of an overpayment of Rp 18,274 million as previously claimed by CBI. CBI agreed with the tax assessments results and charged the difference between the claim amount and the tax assessment to the current year statement of income.
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Pada tanggal 2 Februari 2009, MTM menerima Surat Tagihan Pajak atas pajak penghasilan pasal 25 bulan November 2008 sebesar Rp 796 juta. Atas surat tersebut, MTM telah mengajukan surat keberatan kepada Direktorat Jenderal Pajak (DJP). Keberatan tersebut ditolak oleh Kantor Pelayanan Pajak. Pada Juni 2009, MTM mengajukan banding ke Pengadilan Pajak dan telah mengikuti sidang terakhir pada bulan Januari 2010. Namun sampai dengan tanggal laporan ini, belum ada keputusan atas banding tersebut. Tahun pajak 2007 Pada tanggal 15 Januari 2009, CPT (dahulu anak perusahaan) menerima SKPLB atas kelebihan pembayaran pajak penghasilan badan tahun 2007 sebesar Rp 863,9 juta, sesuai dengan jumlah yang diklaim sebelumnya. CPT setuju atas surat ketetapan pajak di atas. Tahun pajak 2006 Pada tanggal 23 Juli 2009, ADASI mengajukan banding ke Pengadilan Pajak atas Surat Ketetapan Kurang Bayar (SKPKB) atas kekurangan pembayaran pajak penghasilan badan dan PPN tahun 2006 sebesar Rp 829,6 juta. Sebagai persyaratan banding tersebut, ADASI telah membayar kekurangan pajak sebesar Rp 751 juta kepada Kantor Pajak. Pada tanggal laporan ini belum ada keputusan atas banding tersebut.
Fiscal year 2007 On 15 January 2009, CPT (formerly a subsidiary) received a tax assessment letter confirming an overpayment of the 2007 corporate income tax of Rp 863.9 million, as previously claimed. CPT agreed with the tax assessment result.
Fiscal year 2006 On 23 July 2009, ADASI lodged an appeal to the Tax Court for rejection of underpayment of corporate income tax and VAT for fiscal year 2006 of Rp 829.6 milion. As a requirement, ADASI has paid the underpayment amounting Rp 751 million to the Tax Office. As at the date of this report, the result of the appeal had not been received.
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In September 2008, the Indonesian House of Representatives approved a proposal to amend the Income Tax Law which became effective as of 1 January 2009. Under this amended law, the corporate income tax rate was reduced to a fixed rate of 28% for the fiscal year 2009 and to 25% for the fiscal year 2010 and subsequent years.
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Investee PT GS Battery PT Kayaba Indonesia PT Astra Nippon Gasket Indonesia PT Akebono Brake Astra Indonesia (dahulu/formerly PT Tri Dharma Wisesa) PT Wahana Eka Paramitra PT Inti Ganda Perdana PT AT Indonesia PT Federal Nittan Industries PT Aisin Indonesia *) PT Denso Indonesia dan anak perusahaan/ and subsidiary PT DIC Astra Chemicals PT Toyoda Gosei Safety Systems Indonesia
*) Melalui PT Senantiasa Makmur, anak perusahaan
Semua perusahaan asosiasi dan jointly controlled entities bergerak dalam industri komponen kendaraan bermotor. Mutasi investasi pada perusahaan asosiasi dan jointly controlled entities adalah sebagai berikut:
Pada awal tahun/ At beginning of year 231,967 265,070 14,861 218,194 19,675 69,788 120,460 96,790 216,535 332,164 23,757 6,686 1,615,947
All associates and jointly controlled entities are engaged in the automotive component industry.
The changes in investments in associates and jointly controlled entities are as follows:
2010 Bagian hasil bersih/Share of results 90,657 134,360 14,142 106,290 35,828 60,399 55,968 36,733 108,215 112,220 4,046 2,303 761,161 Pada akhir tahun/ At end of year 294,492 361,620 27,221 303,646 55,503 121,687 149,341 111,282 279,802 414,504 26,553 8,989 2,154,640
Investee PT GS Battery PT Kayaba Indonesia PT Astra Nippon Gasket Indonesia PT Akebono Brake Astra Indonesia (dahulu/formerly PT Tri Dharma Wisesa) PT Wahana Eka Paramitra PT Inti Ganda Perdana PT AT Indonesia PT Federal Nittan Industries PT Aisin Indonesia PT Denso Indonesia dan anak perusahaan/and subsidiary PT DIC Astra Chemicals PT Toyoda Gosei Safety Systems Indonesia
Dividen/ Dividends (28,132) (37,810) (1,782) (20,838) (8,500) (27,087) (22,241) (44,948) (29,880) (1,250) (222,468)
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Dividen/ Dividends
Penambahan/ Addition
PT GS Battery PT Kayaba Indonesia PT Astra Nippon Gasket Indonesia PT Akebono Brake Astra Indonesia (dahulu/formerly PT Tri Dharma Wisesa) PT Wahana Eka Paramitra PT Inti Ganda Perdana PT AT Indonesia PT Federal Nittan Industries PT Aisin Indonesia PT Denso Indonesia dan anak perusahaan/and subsidiary PT DIC Astra Chemicals PT Toyoda Gosei Safety Systems Indonesia
191,585 199,224 5,978 158,561 8,408 45,491 60,324 65,852 186,658 253,344 5,761 1,181,186
57,915 83,089 8,883 67,473 11,267 25,784 60,136 34,602 59,930 98,002 1,768 925 509,774
2,816 2,816
19,173 19,173
231,967 265,070 14,861 218,194 19,675 69,788 120,460 96,790 216,535 332,164 23,757 6,686 1,615,947
Pada tanggal 1 April 2009, Perusahaan membeli 2.500 saham PT DIC Astra Chemicals (DAC) dari Sumitomo Shoji Chemicals Co., Ltd., dengan harga beli sejumlah JPY 10 juta atau setara dengan Rp 1,1 miliar. Pembelian saham tersebut meningkatkan kepemilikan Perusahaan dari 11,11% menjadi 25% yang menyebabkan perubahan investasi dari investasi jangka panjang lain-lain menjadi investasi pada perusahaan asosiasi. Penyesuaian nilai wajar untuk kepemilikan 11,11% sebelumnya sebesar Rp 18 miliar dicatat sebagai perubahan ekuitas perusahaan asosiasi. Bagian laba bersih perusahaan asosiasi telah disesuaikan dengan amortisasi goodwill masing-masing sebesar Rp 2 miliar untuk tahun 2010 dan 2009. Manajemen berpendapat bahwa tidak penurunan atas nilai tercatat investasi. terdapat
On 1 April 2009, the Company purchased 2,500 shares of PT DIC Astra Chemicals (DAC) from Sumitomo Shoji Chemicals Co., Ltd., at a purchase price of JPY 10 million or equivalent to Rp 1.1 billion. The share purchase increased the share ownership from 11.11% to 25% and changed the investment from other long-term investments to investment in associate. The remeasurement of previously held equity interest of 11.11% at fair value amounting to Rp 18 billion was recorded as changes in equity of associates. Equity in net income of associates has been adjusted for the amortisation of goodwill which amounted to Rp 2 billion in 2010 and 2009, respectively. Management is of the opinion that there is no impairment in the carrying amount of the investment.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 9. OTHER LONG-TERM INVESTMENTS This account represents direct investments in shares, with ownership interest of less than 20% and is accounted for using the cost method, as follows:
Domisili/ Domicile PT EDS Manufacturing Indonesia (PEMI) PT SKF Indonesia (SKF) E-Tech Incorporated (ETI) Tangerang Bekasi Jepang/Japan
Jumlah tercatat/ Carrying amount 5,191 4,855 247 10,293 PT EDS Manufacturing Indonesia (PEMI) PT SKF Indonesia (SKF) E-Tech Incorporated (ETI)
Perusahaan menerima dividen tunai dari SKF masingmasing sebesar Rp 782 juta dan Rp 301 juta pada tahun 2010 dan 2009.
The Company received cash dividends from SKF amounting to Rp 782 million and Rp 301 million in 2010 and 2009, respectively.
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1 Januari/ January 2009 Harga perolehan: Tanah Bangunan dan prasarana Mesin dan peralatan Peralatan pabrik Peralatan kantor Alat- alat pengangkutan 92,125 208,695 877,651 69,375 54,709 31,233 1,333,788
31 Desember/ December 2009 102,165 258,225 930,362 99,889 55,866 31,681 1,478,188 At cost: Land Buildings and improvements Machinery and equipment Plant equipment Office equipment Transportation equipment
91,679 1,425,467
55,095 123,262
(34,083)
(110,918) -
(602)
35,856 1,514,044
Akumulasi penyusutan: Bangunan dan prasarana Mesin dan peralatan Peralatan pabrik Peralatan kantor Alat- alat pengangkutan
91 453 10 554 -
Accumulated depreciation: Buildings and improvements Machinery and equipment Plant equipment Office equipment Transportation equipment
702,097
Beban penyusutan dialokasikan sebagai berikut: 2010 Biaya produksi tidak langsung Beban penjualan Beban umum dan administrasi 109,278 2,560 14,879 126,717 Rincian keuntungan/(kerugian) penjualan aset tetap adalah sebagai berikut: 2010 Harga jual Nilai buku bersih 2,074 (1,418) 656 Aset dalam penyelesaian terutama terdiri dari mesin dan bangunan yang diperkirakan akan selesai tahun 2011. Persentase penyelesaian aset dalam penyelesaian pada tanggal 31 Desember 2010 adalah sekitar 1% - 95% (2009: 1% - 90%).
Depreciation expense was allocated as follows: 2009 105,259 3,670 11,836 120,765 Details of the gain/(loss) on sale of fixed assets are as follows: 2009 1,816 (4,627) (2,811) Assets under constuction mainly consist of machinery and building which are expected to be completed in 2011. The percentage of completion for assets under constuction as at 31 December 2010 was approximately 1% - 95% (2009: 1% - 90%). Proceeds Net book value Indirect manufacturing expenses Selling expenses General and administrative expenses
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11. PROPERTI INVESTASI 2010 Tanah Bangunan 47,609 374 47,983 Mutasi properti investasi adalah sebagai berikut :
11. INVESTMENT PROPERTIES 2009 49,046 404 49,450 The movement of the investment properties is as follows : 2010 2009 52,167 (4,213) 1,496 49,450 Begining balance Reclassification to fixed assets Changes in fair value during the year Ending balance Land Buildings
Saldo awal Reklasifikasi ke aset tetap Perubahan nilai wajar selama tahun berjalan Saldo akhir
Pendapatan sewa yang diakui pada laporan laba rugi konsolidasian masing-masing sebesar Rp 278 juta untuk tahun 2010 dan 2009. Properti investasi berlokasi di Jakarta, Bekasi, dan Bogor.
The rent income recognised in the consolidated statements of income amounted to Rp 278 million in 2010 and 2009, respectively. Investment properties are located in Jakarta, Bekasi, and Bogor.
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Goodwill yang timbul dari akuisisi FSCM telah mengalami penurunan nilai yang bersifat permanen dan kerugiannya dibebankan dalam laporan laba rugi konsolidasian tahun 2009 sebesar Rp 4,5 miliar. Goodwill negatif Akun ini merupakan selisih lebih bagian nilai wajar aset bersih anak perusahaan atas biaya perolehannya, sebagai berikut: 2010 PT Astra Daido Steel Indonesia PT Gemala Kempa Daya 1,693 333 2,026 (678) 1,348
Goodwill arising from the aquisition of FSCM has been written down to recognise a permanent decline in value and the losses are charged to the 2009 consolidated statement of income amounting to Rp 4.5 billion. Negative goodwill This account represent the excess of the interest in the fair value of the net assets of subsidiaries over the acquisition cost, as follows: 2009 1,693 333 2,026 (575) 1,451 PT Astra Daido Steel Indonesia PT Gemala Kempa Daya
Amortisasi goodwill masing-masing sebesar Rp 516 juta tahun 2010 dan Rp 863 juta tahun 2009 diakui sebagai beban lain-lain dalam laporan laba rugi konsolidasian.
Amortisation of goodwill amounted to Rp 516 million in 2010 and Rp 863 million in 2009 is included in other expenses in the consolidated statements of income.
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Pinjaman jangka pendek yang disebutkan di atas dibebani suku bunga tahunan sebagai berikut: 2010 Rupiah 8.37% - 10.50%
The above short-term loans attracted interest at the following annual rates: 2009 9.48% - 14.00% The carrying amounts of approximate their fair value. short-term Rupiah loans
Nilai tercatat dari pinjaman jangka pendek menyerupai nilai wajarnya. Informasi lain mengenai pinjaman jangka pendek pada tanggal 31 Desember 2010 dan 2009 adalah sebagai berikut:
Kreditur/ Lender PT Bank Mizuho Indonesia Fasilitas kredit/Credit facility
Other information relating to short-term loans as at 31 December 2010 and 2009 is as follows:
Jadwal pembayaran/ Repayment schedule 15 Mei/May 2011 (2009: 5 Juni/June 2010) Tingkat bunga/ Interest rate Cost of funds (CoF) + 1.50%.
Pada tanggal 5 Juni 2007, FIM memperoleh fasilitas pinjaman jangka pendek maksimum sebesar Rp 35 miliar. Pada tanggal 31 Desember 2010, saldo pinjaman FIM sebesar Rp 20 milliar (2009: Rp 30 miliar)/ On 5 June 2007, FIM obtained a short-term facility loan with a maximum amount of Rp 35 billion. As at 31 December 2010 the outstanding loan of FIM was Rp 20 billion (2009: Rp 30 billion). Pada tanggal 18 Juni 2010, Perusahaan memperoleh fasilitas pinjaman berulang maksimum sebesar Rp 100 miliar. Pada tanggal 31 Desember 2010, saldo pinjaman Perusahaan sebesar Rp 70 miliar/On 18 June 2010, the Company obtained a revolving loan facility with a maximum amount of Rp 100 billion. As at 31 December 2010, the outstanding loan of the Company was Rp 70 billion.
10 Januari 2011 dan 20 Januari 2011 untuk pokok pinjaman masing-masing sebesar Rp 50 miliar dan Rp 20 miliar/10 January 2011 and 20 January 2011 for principal amount of Rp 50 billion and Rp 20 billion, respectively 6 Januari/January 2011
Pada tanggal 29 Oktober 2010, Perusahaan memperoleh fasilitas pinjaman berulang maksimum sebesar Rp 100 miliar/On 29 October 2010, the Company obtained a revolving loan facility with a maximum amount of Rp 100 billion. Pada tanggal 23 Desember 2005, IKP memperoleh fasilitas kredit modal kerja maksimum sebesar Rp 10 miliar/On 23 December 2005, IKP obtained a working capital credit facility with a maximum amount of Rp 10 billion.
JIBOR + 2.15%.
SBI + 3.00%
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Pinjaman jangka panjang yang disebutkan di atas dibebani suku bunga tahunan sebagai berikut: 2010 Rupiah Dollar Amerika Serikat 10.50% - 11.03% 1.69% - 2.00%
The above long-term loans attracted interest at the following annual rates: 2009 9.13 % - 14.00% 1.69 % - 3.71% The carrying amounts of approximate their fair value. Rupiah US Dollar long-term loans
Nilai tercatat dari pinjaman jangka panjang menyerupai nilai wajarnya. Informasi lain mengenai pinjaman jangka panjang pada tanggal 31 Desember 2010 dan 2009 adalah sebagai berikut:
Kreditur/Lender PT Bank Mizuho Indonesia Fasilitas kredit/Credit facility
Other information relating to long-term loans as at 31 December 2010 and 2009 is as follows:
Jadwal pembayaran/ Repayment schedule 9 angsuran semesteran dengan jumlah yang berbeda sampai 30 November 2012 / Nine unequal semiannual installments until 30 November 2012 Angsuran 3 bulanan sampai 31 Mei 2012/ Quarterly installments until 31 May 2012 Tingkat bunga/ Interest rate SIBOR + 1.20%
Pada tanggal 30 November 2007, Perusahaan memperoleh pinjaman berjangka waktu 5 tahun sejumlah USD 22 juta/On 30 November 2007, the Company obtained a five-year loan credit facility for a total amount of USD 22 million.
Pada tanggal 19 Mei 2009, FSCM memperoleh pinjaman berjangka waktu 3 tahun sejumlah USD 3,8 juta (atau setara dengan nilai ekuivalennya dalam Rupiah) dan Rp 1 miliar /On 19 May 2009, FSCM obtained a three-year loan credit facility for a total amount of USD 3.8 million (or its equivalent in Rupiah) and Rp 1 billion. Pada tahun 2005, GKD memperoleh beberapa fasilitas kredit investasi dari BCA maksimum sebesar Rp 28,2 miliar/In 2005, GKD obtained several investment credit facilities from BCA, with a maximum amount of Rp 28.2 billion.
CoF + 2.00%
25 Oktober/October 2010
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 18. MINORITY INTERESTS Details of minority interests in the equity and share of results of consolidated subsidiaries are as follows:
2009 Pada awal tahun/ At beginning of year PT Federal Izumi Manufacturing PT Century Batteries Indonesia PT Gemala Kempa Daya PT Astra Daido Steel Indonesia PT Nusa Keihin Indonesia PT Senantiasa Makmur 34,612 38,886 30,301 19,207 14,455 137,461 Bagian hasil bersih/ Share of result 13,064 6,592 13,567 3,981 4,486 41,690 Pada akhir tahun/ At end of year 46,208 45,478 43,868 21,873 16,434 8 173,869 PT Federal Izumi Manufacturing PT Century Batteries Indonesia PT Gemala Kempa Daya PT Astra Daido Steel Indonesia PT Nusa Keihin Indonesia PT Senantiasa Makmur
Lain-lain/ Others 8 8
Jumlah/ Amount 368,820 166 128 3 1 16,461 385,579 PT Astra International Tbk Widya Wiryawan (Commissioner) Leonard Lembong (Commissioner) Robby Sani (Director) Gustav Afdhol Husein (Director) Public (below 5% each)
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 19. SHARE CAPITAL (continued)
2009 Persentase kepemilikan/ Percentage of ownership 95.65 0.04 4.31 100.00
Jumlah/ Amount 368,820 141 1 16,617 385,579 PT Astra International Tbk Leonard Lembong (Commissioner) Gustav Afdhol Husein (Director) Public (below 5% each)
20. TAMBAHAN MODAL DISETOR Akun ini merupakan tambahan modal disetor yang terdiri dari: 2010 dan/and 2009 Selisih antara pembayaran yang diterima dengan nilai nominal penawaran umum perdana saham tahun 1998, bersih Pelaksanaan opsi saham karyawan Hak opsi yang habis masa berlakunya
20. ADDITIONAL PAID-IN CAPITAL This account represents additional paid-in capital as follows:
Excess of proceeds over par value on initial public offering of shares in 1998, net Exercise of the employee stock options Expired stock options
RESTRUKTURISASI
21. DIFFERENCES IN VALUE OF RESTRUCTURING TRANSACTIONS AMONG ENTITIES UNDER COMMON CONTROL This account represents the difference between the transfer price and book value of restructuring transactions among entities under common control. The balance as at 31 December 2010 and 2009 represents the differences between the transfer price and book value of restructuring transactions among entities under common control which arose from acquisition of IKP in 1997.
Akun ini merupakan selisih antara harga pengalihan dengan nilai buku transaksi dalam rangka restrukturisasi antara entitas sepengendali. Saldo pada tanggal 31 Desember 2010 dan 2009 merupakan selisih harga pengalihan dengan nilai buku transaksi restrukturisasi entitas sepengendali yang timbul dari akuisisi IKP pada tahun 1997.
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23. BEBAN POKOK PENDAPATAN 2010 Bahan baku yang digunakan Tenaga kerja langsung Biaya produksi tidak langsung Jumlah biaya produksi Barang dalam proses Awal tahun Pembelian Akhir tahun Beban pokok produksi Barang jadi Awal tahun Pembelian Akhir tahun 2,026,586 260,956 813,943 3,101,485 62,075 170,195 (89,974) 3,243,781 236,710 1,884,150 (262,158) 5,102,483 Tidak ada pembelian dari pemasok pihak ketiga yang melebihi 10% dari jumlah pendapatan. Lihat Catatan 32b untuk rincian pembelian dari pihak yang mempunyai hubungan istimewa.
23. COST OF REVENUE 2009 1,480,581 185,932 688,074 2,354,587 57,453 111,931 (62,075) 2,461,896 273,443 1,818,552 (236,710) 4,317,181 No purchases from third party suppliers exceeded 10% of total revenues. Refer to Note 32b for details of purchase from related parties. Raw materials used Direct labour Indirect manufacturing expenses Total manufacturing expenses Work in process At beginning of year Purchases At end of year Cost of goods manufactured Finished goods At beginning of year Purchases At end of year
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59,069 44,872 44,703 15,552 13,277 10,252 5,255 3,277 3,006 2,560 1,794 1,639 1,249 1,237 1,162 1,050 981 5,006 215,941
36,388 48,894 44,952 10,912 3,054 5,169 3,296 1,220 2,268 3,670 1,204 3,213 1,104 1,026 686 7,083 1,370 2,829 178,338
Beban umum dan administrasi Gaji, upah dan kesejahteraan karyawan Jasa profesional Penyusutan Biaya kantor Perbaikan dan pemeliharaan Transportasi Pajak dan perijinan Komunikasi Pelatihan dan rekrutmen Utilitas Biaya peralatan Biaya bank Amortisasi Sewa Imbalan kerja Asuransi Sumbangan Keamanan Lain-lain (masing-masing di bawah Rp 1 miliar)
General and administrative expenses Salaries, wages, and employee welfare Professional fees Depreciation Office expenses Repair and maintenance Transportation Taxes and licenses Communication Training and recruitment Utilities Tools and equipment expenses Bank charges Amortisation Rent Employee benefits Insurance Donation Security Others (below Rp 1 billion each)
208,503 54,186 14,879 13,999 11,420 9,428 8,414 6,607 6,366 6,017 3,988 3,066 2,783 2,513 2,397 2,319 1,760 961 3,964 363,570 579,511
211,281 52,349 11,836 12,378 7,975 5,915 5,369 4,128 4,224 5,398 1,058 1,914 1,570 1,922 12,021 1,710 826 1,237 7,177 350,288 528,626
Lihat Catatan 32 untuk rincian saldo dan transaksi dengan pihak yang mempunyai hubungan istimewa.
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26. BEBAN BUNGA DAN KEUANGAN 2010 Bank Lain-lain 27,327 627 27,954
26. INTEREST AND FINANCIAL CHARGES 2009 31,762 169 31,931 Bank Others
27. PENGHASILAN LAIN-LAIN - BERSIH 2010 Pendapatan dari sewa pembiayaan Penjualan barang bekas Jasa manajemen (Kerugian)/keuntungan selisih perubahan nilai wajar properti investasi Kerugian atas penghapusan dan penurunan nilai aset tetap dan keuntungan penjualan aset tetap, bersih Lain-lain, bersih 18,800 18,290 15,192 (1,467)
27. OTHER INCOME - NET 2009 9,248 12,530 16,350 1,496 Finance leases income Sales of scrap goods Management fees (Loss)/gain on changes in fair value of investment properties Loss on write off and impairment of fixed assets and gain on sale of fixed assets, net Others, net
28. LABA BERSIH PER SAHAM Laba per saham dihitung dengan membagi laba bersih dengan jumlah rata-rata tertimbang saham biasa yang beredar pada tahun bersangkutan. 2010 Laba per saham: Laba bersih Rata-rata tertimbang jumlah saham biasa yang beredar dasar dan dilusian Laba per saham - dasar dan dilusian (Rupiah penuh)
28. NET EARNINGS PER SHARE Earnings per share are calculated by dividing net profit by the weighted average number of ordinary shares outstanding during the year. 2009 Earnings per share: Net profit Weighted average number of ordinary shares outstanding basic and diluted Earnings per share - basic and diluted (full Rupiah)
1,141,179
768,265
771,157,280
771,157,280
1,480
996
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Hasil aktual dari aset program adalah Rp 20,6 miliar (2009: Rp 16,4 miliar). Aset program termasuk saham dan obligasi PT Astra International Tbk, beberapa anak perusahaan dan jointly controlled entities dari PT Astra International Tbk. Kewajiban imbalan kerja yang diakui konsolidasian adalah sebagai berikut: di neraca
The actual return on plan assets was Rp 20.6 billion (2009: Rp 16.4 billion). Plan assets include shares and bonds of PT Astra International Tbk, certain subsidiaries and jointly controlled entities of PT Astra International Tbk. The employee benefits obligation recognised in the consolidated balance sheets is determined as follows:
2010
Imbalan pasca-kerja/ Post-employment benefits Tanpa Pendanaan/ pendanaan/ Funded Unfunded Nilai kini kewajiban Nilai wajar aset program 76,051 (78,319) (2,268) Keuntungan aktuarial belum diakui Biaya jasa lalu belum diakui Aset yang tidak diakui 8,886 2,257 8,875 64,174 64,174 22,592 7,142 93,908
Jumlah/ Total 193,794 (78,319) 115,475 31,478 7,142 2,257 156,352 Unrecognised actuarial gain Unrecognised past service cost Unrecognised assets Present value of obligation Fair value of plan assets
2009 Imbalan pasca-kerja/ Post-employment benefits Tanpa Pendanaan/ pendanaan/ Funded Unfunded Nilai kini kewajiban Nilai wajar aset program (Kerugian)/keuntungan aktuarial belum diakui Biaya jasa lalu belum diakui Aset yang tidak diakui 89,844 (61,187) 28,657 (9,846) 2,722 21,533 60,906 60,906 17,434 (386) 77,954 Imbalan jangka panjang lainnya/Other long-term benefits 46,796 46,796 46,796
Jumlah/ Total 197,546 (61,187) 136,359 7,588 (386) 2,722 146,283 Unrecognised actuarial (loss)/gain Unrecognised past service cost Unrecognised assets Present value of obligation Fair value of plan assets
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 29. EMPLOYEE BENEFITS OBLIGATION (continued) Net expenses recognised in consolidated statements of income are as follows:
Jumlah/ Total 17,035 18,593 (5,925) (7,630) 1,113 23,186 Current service cost Interest cost Expected return on plan assets Actuarial loss/(gain) Past service cost
2009 Imbalan pasca-kerja/ Post-employment benefits Tanpa Pendanaan/ pendanaan/ Funded Unfunded Biaya jasa kini Beban bunga Hasil aset program yang diharapkan Kerugian/(keuntungan) aktuarial Biaya jasa lalu 12,484 8,428 (4,667) 851 17,096 11,160 6,492 (954) 1,178 17,876 Imbalan jangka panjang lainnya/Other long-term benefits 9,557 5,239 (8,881) 5,915
Jumlah/ Total 33,201 20,159 (4,667) (8,984) 1,178 40,887 Current service cost Interest cost Expected return on plan assets Actuarial loss/(gain) Past service cost
Beban imbalan kerja pada tahun 2010 sebesar Rp 23,2 miliar (2009: Rp 40,9 miliar) dialokasikan ke beban pokok penjualan dan beban usaha. Mutasi kewajiban yang diakui pada neraca konsolidasian adalah sebagai berikut:
2010 Imbalan pasca-kerja/ Post-employment benefits Tanpa Pendanaan/ pendanaan/ Funded Unfunded Saldo awal tahun Beban tahun berjalan Pembayaran manfaat Kontribusi iuran Transfer ke pihak yang mempunyai hubungan istimewa Aset yang tidak diakui Saldo akhir tahun
The employee benefits expenses in 2010 amounting to Rp 23.2 billion (2009: Rp 40.9 billion) were allocated to cost of revenue and operating expenses. The movements in the liability recognised in the consolidated balance sheets are as follows:
Imbalan jangka panjang lainnya/Other long-term benefits 46,796 12,332 (5,559) 53,569
Jumlah/ Total 146,283 23,186 (9,653) (2,551) (448) (465) 156,352 Beginning of the year Expense for the year Payment of benefits Payment of contribution Transfer to related parties Unrecognised assets End of year
21,533
(8,345) (849) (2,551) (448) (465) 8,875
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Jumlah/ Total 125,030 40,887 (7,108) (6,082) (5,424) (1,020) 146,283 Beginning of the year Expense for the year Payment of benefits Payment of contribution Transfer to related parties Reclassification Unrecognised assets End of year
Kewajiban diestimasi untuk imbalan kerja dihitung oleh PT Eldridge Gunaprima Solution dan PT Padma Radya Aktuaria untuk tahun 2010 dan 2009, aktuaris independen, dengan menggunakan metode Projected-Unit-Credit. Laporan aktuaria terakhir adalah tanggal 10 Januari 2011. Asumsi aktuarial pokok yang digunakan adalah sebagai berikut: 2010
Tingkat diskonto Hasil aset program yang diharapkan Tingkat gaji masa mendatang Usia pensiun normal Tingkat mortalitas Tingkat pengunduran diri 8% - 9% 10% 8% 55 TMI II 1999 2% untuk karyawan yang berusia 25 tahun dan menurun linier ke 0,5% pada usia 45 tahun dan seterusnya/ 2% for employee up to 25 years and will linearly decrease until 0.5% at age 45 years and thereafter
The provision for employee benefits is based on calculations of PT Eldridge Gunaprima Solution and PT Padma Radya Aktuaria in 2010 and 2009, an independent actuary, using the Projected-Unit-Credit method. The latest actuarial report was dated 10 January 2011. The principal actuarial assumptions used are as follows: 2009
10% 10% 9% 55 TMI II 1999/CSO 1980 1% - 2% untuk karyawan yang berusia sampai dengan 25 - 35 tahun dan menurun linier ke 0.5% - 0% pada usia 45 - 55 tahun/ 1% - 2% for employee up to 25 - 35 years and will linearly decrease until 0.5% - 0% at age 45 - 55 years Discount rate Expected return on plan assets Future salary increases Normal pension age Mortality rate Resignation rate
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30. DIVIDEN Pada tanggal 7 Oktober 2010, Perusahaan mengumumkan dividen kas interim untuk tahun buku 2010 sebesar Rp 121,8 miliar atau Rp 158 (Rupiah penuh) per saham. Dividen tersebut dibayarkan pada tanggal 4 November 2010. Pada RUPS Tahunan Perusahaan tanggal 20 Mei 2010, dividen kas final untuk tahun 2009 sejumlah Rp 461,1 miliar atau Rp 598 (Rupiah penuh) per saham disetujui. Termasuk di dalamnya dividen kas interim sejumlah Rp 92,5 miliar atau Rp 120 (Rupiah penuh) per saham yang dibayarkan pada tanggal 11 November 2009. Sisa sejumlah Rp 368,6 miliar atau Rp 478 (Rupiah penuh) per saham dibayarkan pada tanggal 30 Juni 2010. Pada RUPS Tahunan Perusahaan tanggal 8 Mei 2009, dividen kas final untuk tahun 2008 sejumlah Rp 226,7 miliar atau Rp 294 (Rupiah penuh) per saham disetujui. Termasuk di dalamnya dividen kas interim sejumlah Rp 88,7 miliar atau Rp 115 (Rupiah penuh) per saham yang dibayarkan pada tanggal 11 November 2008. Sisa sejumlah Rp 138 miliar atau Rp 179 (Rupiah penuh) per saham dibayarkan pada tanggal 22 Juni 2009.
30. DIVIDENDS On 7 October 2010, the Company declared an interim cash dividend for 2010 amounting to Rp 121.8 billion or Rp 158 (full Rupiah) per share. The dividend was paid on 4 November 2010.
At the Companys Annual General Meeting of Shareholders held on 20 May 2010, a final cash dividend for 2009 of Rp 461.1 billion or Rp 598 (full Rupiah) per share was approved. This included an interim cash dividend of Rp 92.5 billion or Rp 120 (full Rupiah) per share, which was paid on 11 November 2009. The remaining Rp 368.6 billion or Rp 478 (full Rupiah) per share was paid on 30 June 2010. At the Companys Annual General Meeting of Shareholders held on 8 May 2009, a final cash dividend for 2008 of Rp 226.7 billion or Rp 294 (full Rupiah) per share was approved. This included an interim cash dividend of Rp 88.7 billion or Rp 115 (full Rupiah) per share, which was paid on 11 November 2008. The remaining Rp 138 billion or Rp 179 (full Rupiah) per share was paid on 22 June 2009.
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32. INFORMASI MENGENAI PIHAK YANG MEMPUNYAI HUBUNGAN ISTIMEWA Sifat hubungan istimewa i. PT Astra International Tbk merupakan pemegang saham utama Perusahaan. Lihat Catatan 1 untuk rincian anak perusahaan. Lihat Catatan 8 untuk rincian perusahaan asosiasi dan jointly controlled entities. Perusahaan yang pemegang sahamnya sama atau pada akhirnya sama dengan pemegang saham utama Perusahaan yaitu PT Astra Multi Truck Indonesia (dahulu PT Astra Nissan Diesel Indonesia), PT Andalan Multi Kencana, PT United Tractors Tbk, PT Pama Persada Nusantara, PT Kimia Tirta Utama, PT Suryaraya Lestari, PT Gunung Sejahtera Dua Indah, PT Gunung Sejahtera Ibu Pertiwi, PT Eka Dura Indonesia, PT Serasi Autoraya, PT Sari Lembah Subur, PT Asuransi Astra Buana dan PT Astra Graphia Information Technology. PT Isuzu Astra Motor Indonesia, PT Toyota Astra Motor, PT Astra Honda Motor, PT Astra Daihatsu Motor dan PT SKF Indonesia memiliki manajemen kunci yang sama dengan Perusahaan, yang secara langsung maupun tidak langsung mempunyai pengaruh signifikan atas perusahaan tersebut.
Nature of relationships i. PT Astra International Tbk is the majority shareholder of the Company. Refer to Note 1 for details of subsidiaries. Refer to Note 8 for details of the Companys associates and jointly controlled entities.
ii. iii.
ii. iii.
iv.
iv. Companies with the same or ultimately the same shareholder as the majority shareholder of the Company are PT Astra Multi Truck Indonesia (formerly PT Astra Nissan Diesel Indonesia), PT Andalan Multi Kencana, PT United Tractors Tbk, PT Pama Persada Nusantara, PT Kimia Tirta Utama, PT Suryaraya Lestari, PT Gunung Sejahtera Dua Indah, PT Gunung Sejahtera Ibu Pertiwi, PT Eka Dura Indonesia, PT Serasi Autoraya, PT Sari Lembah Subur, PT Asuransi Astra Buana and PT Astra Graphia Information Technology. v. PT Isuzu Astra Motor Indonesia, PT Toyota Astra Motor, PT Astra Honda Motor, PT Astra Daihatsu Motor and PT SKF Indonesia have the same key management personnel as the Company, that directly or indirectly has significant influence over the companies.
v.
Transaksi dan saldo dengan pihak yang mempunyai hubungan istimewa Dalam kegiatan usahanya, Perusahaan dan anak perusahaan mengadakan transaksi dengan pihak-pihak yang mempunyai hubungan istimewa, yang terutama meliputi transaksi-transaksi penjualan, pembelian dan transaksi keuangan lainnya.
In the normal course of business, the Company and subsidiaries entered into certain transactions with related parties, mainly consisting of sales, purchases, and other financial transactions.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 32. RELATED PARTY INFORMATION (continued)
a)
Rp 1,162,228 139,366 115,382 83,537 34,299 46,072 13,959 182 18,367 13,229 10,115 489 6,439 4,341 647 4,669 1,863 282 1,655,466
% a) 22.07 2.65 2.19 1.59 0.65 0.87 0.27 0.00 0.35 0.25 0.19 0.01 0.12 0.08 0.01 0.09 0.04 0.01 31.44
a)
22.81 3.12 2.40 1.64 1.01 0.97 0.49 0.36 0.30 0.24 0.22 0.17 0.16 0.12 0.04 0.03 0.03 0.02 0.01 0.02 34.16
PT Astra Honda Motor PT Inti Ganda Perdana PT Astra Daihatsu Motor PT AT Indonesia PT Kayaba Indonesia PT Denso Indonesia and subsidiary PT Astra Multi Truck Indonesia (formerly PT Astra Nissan Diesel Indonesia) PT Astra International Tbk PT GS Battery PT Akebono Brake Astra Indonesia (formerly PT Tri Dharma Wisesa) PT Aisin Indonesia PT Toyota Astra Motor PT Isuzu Astra Motor Indonesia PT Toyoda Gosei Safety Systems Indonesia PT Andalan Multi Kencana PT United Tractors Tbk PT Kimia Tirta Utama PT Federal Nittan Industries PT Pama Persada Nusantara Others (below Rp 1 billion each)
b.
Pembelian
2010 Rp PT GS Battery PT Kayaba Indonesia PT SKF Indonesia PT Astra Nippon Gasket Indonesia PT DIC Astra Chemicals PT Akebono Brake Astra Indonesia (dahulu PT Tri Dharma Wisesa) PT Astra International Tbk Lain-lain (masing-masing di bawah Rp 1 miliar) 1,261,164 76,531 27,987 11,598 6,800 6,504 2,726 1,485 1,394,795
a) a)
b.
Purchases
2009 % a) 28.53 1.90 0.78 0.11 0.11 0.12 0.01 31.56
a)
PT GS Battery PT Kayaba Indonesia PT SKF Indonesia PT Astra Nippon Gasket Indonesia PT DIC Astra Chemicals PT Akebono Brake Astra Indonesia (formerly PT Tri Dharma Wisesa) PT Astra International Tbk Others (below Rp 1 billion each)
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Transactions and balances with related parties (continued) Prices for sales and purchase transactions with related parties are generally determined by negotiation or the transactional net margin method.
c.
Trade receivables
2009 143,028 11,957 16,308 15,025 3,716 5,230 71 4,047 PT Astra Honda Motor PT AT Indonesia PT Astra Daihatsu Motor PT Inti Ganda Perdana PT Kayaba Indonesia PT Denso Indonesia and subsidiary PT Toyota Astra Motor PT GS Battery PT Astra Multi Truck Indonesia (formerly PT Astra Nissan Diesel Indonesia) PT Toyoda Gosei Safety Systems Indonesia PT Aisin Indonesia PT Akebono Brake Astra Indonesia (formerly PT Tri Dharma Wisesa) PT Isuzu Astra Motor Indonesia PT Federal Nittan Industries Others (below Rp 1 billion each)
4.63
Piutang usaha dari pihak-pihak yang mempunyai hubungan istimewa berasal dari transaksi penjualan dan memiliki jangka waktu pembayaran 30 sampai 60 hari dari tanggal penjualan. Tidak ada penyisihan atas piutang usaha dari pihak-pihak yang memiliki hubungan istimewa.
Trade receivables from related parties arise from sale transactions and are due 30 to 60 days after the date of sales. There are no provisions held against receivables from related parties.
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2009 220,180 21,147 4,318 1,014 1,391 248,050 19.65 Percentage of total liabilities PT GS Battery PT Kayaba Indonesia PT SKF Indonesia PT Akebono Brake Astra Indonesia (formerly PT Tri Dharma Wisesa) Others (below Rp 1 billion each)
Hutang usaha terkait dengan pihak-pihak yang memiliki hubungan istimewa berasal dari transaksi pembelian dan memiliki jangka waktu pembayaran 30 sampai 60 hari dari tanggal pembelian. Hutang usaha tersebut tidak memiliki bunga. e. Perusahaan dan anak perusahaan mempunyai transaksi di luar usaha dengan pihak hubungan istimewa, sebagai berikut: Piutang lain-lain, piutang pihak yang mempunyai hubungan istimewa dan aset lain-lain 2010 Piutang karyawan Piutang lain-lain - lancar PT Astra Honda Motor PT Astra Daihatsu Motor PT Inti Ganda Perdana Lain-lain (masing-masing di bawah Rp 1 miliar) 36,374 e.
Trade payables to related parties arise from purchase transactions and are due 30 to 60 days after the date of purchase. Those payables bear no interest.
The Company and its subsidiaries entered into non-trade transactions with related parties, as follows:
Other receivables, receivables from related parties and other assets 2009 30,149 Loan to employees Other receivables - current PT Astra Honda Motor PT Astra Daihatsu Motor PT Inti Ganda Perdana Others (below Rp 1 billion each)
Piutang pihak yang mempunyai hubungan istimewa, tidak lancar Lain-lain (masing-masing di bawah Rp 1 miliar)
49,195
0.88
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Transactions and balances with related parties (continued) e. The Company and its subsidiaries entered into non-trade transactions with related parties, as follows: (continued) Loans to employees mainly represent the vehicle ownership program. These loans are repaid in installments through deductions from monthly salaries. The current portion of loan to employees is presented as other receivables and the non-current portion is presented as other assets.
Hutang lain-lain, hutang kepada pihak yang mempunyai hubungan istimewa dan uang muka pelanggan 2010 Hutang pihak yang mempunyai hubungan istimewa - jangka pendek PT United Tractors Tbk PT Astra Graphia Tbk Lain-lain (masing-masing di bawah Rp 1 miliar) 2009
Payables to related parties - current PT United Tractors Tbk PT Astra Graphia Tbk Others (below Rp 1 billion each)
Hutang pihak yang mempunyai hubungan istimewa - jangka panjang Lain-lain (masing-masing di bawah Rp 1 miliar)
Uang muka pelanggan PT Kayaba Indonesia PT Astra Honda Motor Lain-lain (masing-masing di bawah Rp 1 miliar)
Customer advances PT Kayaba Indonesia PT Astra Honda Motor Others (below Rp 1 billion each)
0.78
Hutang pihak yang mempunyai hubungan istimewa jangka pendek dicatat dalam akun hutang lain-lain dan bagian jangka panjang dicatat dalam akun hutang kepada pihak yang mempunyai hubungan istimewa.
The current portion of payables to related parties is presented as other payables and the noncurrent portion is presented as payables to related parties.
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Transactions and balances with related parties (continued) e. The Company and its subsidiaries entered into non-trade transactions with related parties, as follows: (continued) Receivables and payables to related parties mainly represent payments of expenses by related parties or vice versa which are noninterest bearing and without definite terms of repayment. The Company is appointed as the distributor for marketing and selling the products of PT GS Battery and PT Kayaba Indonesia.
g.
g. The Company and some subsidiaries insured their inventories and fixed assets to PT Asuransi Astra Buana (refer to Notes 6 and 10). h. On 10 December 2010, MTM, a subsidiary, purchased land located in Jababeka Industrial Estate, Cikarang amounting to Rp 16.5 billion from PT United Tractors Tbk. As at 31 December 2010, the outstanding payable from purchase of land amounting to Rp 1.6 billion was presented as others payable. Salaries and other benefits given to the Companys commissioners and directors amounted to Rp 43.4 billion and Rp 39.7 billion in 2010 and 2009, respectively.
h.
Pada tanggal 10 Desember 2010, MTM, anak perusahaan, melakukan pembelian tanah yang terletak di Kawasan Industri Jababeka, Cikarang dari PT United Tractors Tbk sebesar Rp 16,5 miliar. Pada tanggal 31 Desember 2010 hutang atas pembelian tanah sebesar Rp 1,6 miliar dicatat sebagai hutang lain-lain. Perusahaan memberikan gaji dan tunjangan lainnya kepada komisaris dan direksi Perusahaan sebesar Rp 43,4 miliar dan Rp 39,7 miliar masing-masing untuk 2010 dan 2009.
i.
i.
33. INFORMASI SEGMEN Segmen usaha Untuk tujuan pelaporan manajemen, Perusahaan dan anak perusahaan dibagi dalam dua kelompok utama kegiatan usaha, yaitu perdagangan dan manufaktur komponen kendaraan bermotor. Kegiatan usaha tersebut menjadi dasar pelaporan informasi segmen primer Perusahaan dan anak perusahaan, sebagai berikut:
33. SEGMENT INFORMATION Business segments For management reporting purposes, the Company and its subsidiaries are currently organised into two main business activities, namely trading and automotive component manufacturing. These business activities are the basis on which the Company and its subsidiaries report their primary segment information, as follows:
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Perdagangan/ Trading Pendapatan bersih Pendapatan eksternal Pendapatan antar segmen Pendapatan bersih Beban pokok penjualan Laba kotor Hasil segmen Beban usaha tidak dapat dialokasikan Laba usaha Bagian laba bersih perusahaan asosiasi dan jointly control entities Penghasilan bunga Keuntungan/(kerugian) kurs mata uang asing - bersih Beban bunga dan keuangan Amortisasi goodwill Lain-lain Pajak penghasilan Lainnya tidak dapat dialokasikan Laba sebelum hak minoritas Hak minoritas Laba bersih Aset segmen Investasi pada perusahaan asosiasi dan jointly controlled entities Aset yang tidak dapat dialokasikan Jumlah aset konsolidasi Kewajiban segmen Kewajiban yang tidak dapat dialokasikan Jumlah kewajiban konsolidasi Informasi lainnya Pengeluaran barang modal Pengeluaran barang modal yang tidak dapat dialokasikan Jumlah pengeluaran barang modal Beban penyusutan dan amortisasi Beban penyusutan dan amortisasi yang tidak dapat dialokasikan Jumlah beban penyusutan dan amortisasi 5,428 (601,490) 1,266,984 -
Eliminasi/ Elimination
Jumlah/ Total Net revenue External revenue Intersegment revenue Net revenue Cost of revenue Gross profit Segment result Unallocated operating expenses Operating profit Equity in net income of associates and jointly controlled entities Interest income Gain/(loss) on foreign exchange - net Interest and financial charges Amortisation goodwill Others Income tax expenses Unallocated others Income before minority interests Minority interests Net profit Segment assets Investment in associates and jointly controlled entities Unallocated assets Consolidated total assets Segment liabilities Unallocated liabilities Consolidated total liabilities Other information Capital expenditures Unallocated capital expenditures Total capital expenditures Depreciation and amortisation expenses Unallocated depreciation and amortisation expenses Total depreciation and amortisation expenses
761,161 14,054 (665) (6,400) (516) 40,225 (168,956) 13,287 1,225,305 (84,126) 1,141,179
2,455,493 2,154,640
(1,586,737) -
(900,007)
223,977
17,654
365,656
(2,123)
115,478
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Perdagangan/ Trading Pendapatan bersih Pendapatan eksternal Pendapatan antar segmen Pendapatan bersih Beban pokok penjualan Laba kotor Hasil segmen Beban usaha tidak dapat dialokasikan Laba usaha Bagian laba bersih perusahaan asosiasi dan jointly control entities Penghasilan bunga Keuntungan kurs mata uang asing - bersih Beban bunga dan keuangan Amortisasi goodwill Lain-lain Pajak penghasilan Lainnya tidak dapat dialokasikan Laba sebelum hak minoritas Hak minoritas Laba bersih Aset segmen Investasi pada perusahaan asosiasi dan jointly controlled entities Aset yang tidak dapat dialokasikan Jumlah aset konsolidasi Kewajiban segmen Kewajiban yang tidak dapat dialokasikan Jumlah kewajiban konsolidasi Informasi lainnya Pengeluaran barang modal Pengeluaran barang modal yang tidak dapat dialokasikan Jumlah pengeluaran barang modal Beban penyusutan dan amortisasi Beban penyusutan dan amortisasi yang tidak dapat dialokasikan Jumlah beban penyusutan dan amortisasi 6,402 (585,399) 1,165,817 -
Eliminasi/ Elimination
Jumlah/ Total Net revenue External revenue Intersegment revenue Net revenue Cost of revenue Gross profit Segment result Unallocated operating expenses Operating profit Equity in net income of associates and jointly controlled entities Interest income Gain on foreign exchange - net Interest and financial charges Amortisation goodwill Others Income tax expenses Unallocated others Income before minority interests Minority interests Net profit Segment assets Investment in associates and jointly controlled entities Unallocated assets Consolidated total assets Segment liabilities Unallocated liabilities Consolidated total liabilities Other information Capital expenditures Unallocated capital expenditures Total capital expenditures Depreciation and amortisation expenses Unallocated depreciation and amortisation expenses Total depreciation and amortisation expenses
509,774 15,270 11,296 (8,625) (5,328) 18,544 (137,046) (13,921) 809,955 (41,690) 768,265
1,891,193 1,615,947
(1,492,612) -
(648,135)
353,968
4,198
93,695
(268)
114,594
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33. INFORMASI SEGMEN (lanjutan) Segmen geografis Penjualan Perusahaan dan anak perusahaan di pasar domestik (Indonesia) mencakup 89,37% dan 87,39% dari pendapatan bersih masing-masing tahun 2010 dan 2009. Pendapatan sebesar 10,63% dan 12,61% dari pendapatan bersih masing-masing untuk tahun 2010 dan 2009, berasal dari penjualan ekspor ke beberapa negara terutama Sudan, Dubai, Filipina, Malaysia dan Afganistan.
33. SEGMENT INFORMATION (continued) Geographical segments The Company and its subsidiaries sales in the domestic market (Indonesia) amounted to 89.37% in 2010 and 87.39% in 2009 of the net revenue. Revenue constituting 10.63% in 2010 and 12.61% in 2009 of the net revenue was from exports to several countries, mainly to Sudan, Dubai, Philippines, Malaysia and Afghanistan.
34. PERJANJIAN - PERJANJIAN PENTING, IKATAN DAN KONTINJENSI a. Perjanjian-perjanjian royalti dan bantuan teknik Perusahaan dan anak perusahaan mengadakan perjanjian bantuan teknik dengan beberapa prinsipal luar negeri, sebagai berikut:
Perusahaan/ Company FIM Prinsipal luar negeri/ Foreign principal MAHLE Engine Component Japan Corporation, Jepang/Japan
COMMITMENTS
Royalty and technical assistance agreements The Company and its subsidiaries have technical assistance agreements with several foreign principals, as follows:
Tarif/Rate 4% dari penjualan bersih Al -fin Piston dan Ring Carriers / 4% of Al -fin Piston and Ring Carriers net sales 0,75% dan 2% dari penjualan bersih mesin kendaraan bermotor dan bensin/ 0.75% and 2% of motorcycles and gasoline engines net sales 3% dari penjualan ekspor bersih mesin kendaraan bermotor/ 3% of motorcycles net export sales 1,5% - 2,5% dari penjualan bersih/ 1.5%2.5% of net sales 2% dari penjualan bersih/2% of net sales
MTM
18 September 1987
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Prinsipal luar negeri/ Foreign principal Daido Kogyo Co., Ltd., Jepang/Japan
Tarif/Rate 0,5% - 3% dari penjualan/ 0.5% - 3% of sales 3% dari penjualan bersih untuk kendaraan bermotor roda dua untuk 60 bulan pertama dan 2,5% untuk 24 bulan berikutnya/ 3% of two-wheel net sales for the first 60 months and 2.5% for the next 24 months 3% dari penjualan bersih kendaraan bermotor roda empat untuk 60 bulan pertama dan 2,5% untuk 24 bulan berikutnya/ 3% of four-wheel net sales for the first 60 months and 2.5% for the next 24 months 2% dari penjualan bersih/2% of net sales Rp 1.850 per unit dari penjualan kendaraan bermotor roda empat dan Rp 350 per unit dari penjualan kendaraan bermotor roda dua/ Rp 1,850 per unit for four-wheel sales and Rp 350 per unit for two wheel sales
IKP
3 September 2004
3 September 2011
30 September 2005
30 September 2012
GKD
Mitsubishi Fuso Truck & Bus Corporation, Jepang/Japan GS Yuasa International Ltd., Jepang/ Japan
CBI
Prinsipal luar negeri membebankan royalti kepada Perusahaan dan anak perusahaan masing-masing sebesar Rp 18,9 miliar dan Rp 15,8 miliar untuk tahun 2010 dan 2009.
The foreign principals charged royalties to the Company and its subsidiaries amounting to Rp 18.9 billion and Rp 15.8 billion in 2010 and 2009, respectively.
Halaman - 69 - Page
Jumlah fasilitas/ Facility amount Maksimum USD 18 juta, USD 5 juta/Maximum USD 18 million, USD 5 million Maksimum USD 5 juta, USD 2 juta, Rp 800 juta/Maximum USD 5 million, USD 2 million, Rp 800 million
FSCM
Spot and forward foreign exchange, specific advance facility, sight/usance L/C
Maksimum USD 1 juta, Rp 10 miliar, USD 1 juta/Maximum USD 1 million, Rp 10 billion, USD 1 million Maksimum fasilitas kredit gabungan Rp 50 miliar/ Combined maximum facilities Rp 50 billion Maksimum Rp 80 miliar/ Maximum Rp 80 billion
30 April 2011
Fasilitas ini belum digunakan/ These facilities have not been used USD 1,33 juta dan JPY 7,7 juta/USD 1.33 million and JPY 7.7 million
Kredit modal kerja berulang dan fasilitas impor/Revolving working capital credit and import facility L/C facility and trade facility
Maksimum kredit gabungan USD 3,5 juta/ Combined maximum limit USD 3.5 million
SIBOR + 1.30%
30 Juni/June 2011
Halaman - 70 - Page
Perusahaan/ T he Company
30 September 2012
30 September 2012
CBI
L/C facility
1.5%
Mei/May 2011
Fasilitas kredit yang jatuh tempo sebelum tanggal laporan ini, PT Bank Central Asia Tbk sedang dalam proses perpanjangan dan PT Bank Mizuho Indonesia diperpanjang sampai dengan tanggal 5 Februari 2012. c. Perjanjian hak opsi pembelian saham Sehubungan dengan penjualan investasi saham PT EDS Manufacturing Indonesia (PEMI) pada tahun 2001, Perusahaan atau salah satu anak perusahaan diberikan hak opsi oleh Yazaki Corporation (YZK) untuk membeli kembali 3.168 saham atau 44% dari jumlah saham PEMI dalam waktu 10 tahun dengan harga pembelian yang sama dengan harga sebesar USD 12,4 juta atau USD 4 ribu per saham ditambah akumulasi bunga berdasarkan tingkat bunga USD LIBOR 6 bulan terhitung sejak tanggal penutupan penjualan sampai dengan pembelian kembali, dikurangi pembayaran dividen luar biasa yaitu pembayaran dividen kepada YZK, Jepang, yang mengakibatkan nilai buku aset bersih PEMI lebih kecil dari USD 26,7 juta, nilai buku aset bersih PEMI sesuai dengan perjanjian, berikut bunga atas dividen tersebut. Halaman - 71 - Page c.
The credit facilities which expired before the date of this report, PT Bank Central Asia Tbk is still in the process of renewal and PT Bank Mizuho Indonesia is extended to 5 February 2012.
Share buyback option agreement In relation to the sale of the Companys investment in shares of PT EDS Manufacturing Indonesia (PEMI) in 2001, the Company or any of its subsidiaries were granted by Yazaki Corporation (YZK) with an option to buy back 3,168 shares or 44% equity ownership in PEMI, within 10 years at a price of USD 12.4 million or USD 4 thousand per share plus accummulated interest at 6-month LIBOR which is calculated from the closing selling date until the buyback date less extraordinary dividend paid to YZK, Japan, that will result in reduction of PEMIs net assets book value as defined in the agreement to be less than USD 26.7 million, including interest thereon.
Sampai dengan tanggal laporan keuangan konsolidasian ini, Perusahaan masih dalam tahap evaluasi untuk menggunakan atau tidak hak opsi ini. Namun berdasarkan penilaian awal , kemungkinan penggunaan hak opsi ini kecil. d. Perjanjian jasa manajemen Perusahaan menandatangani perjanjian jasa manajemen dengan PEMI. Jasa manajemen yang dikenakan kepada PEMI untuk tahun 2004 dan selanjutnya sebesar 0,3% dari penjualan dan bila jumlah jasa manajemen lebih kecil dari USD 400 ribu, jasa manajemen diperhitungkan USD 400 ribu atau 0,5% dari jumlah penjualan yang mana lebih kecil. Perjanjian ini berlaku selama Perusahaan masih menjadi pemegang saham PEMI. Berdasarkan perjanjian tanggal 1 Januari 2003 antara Perusahaan, PEMI dan PT Autocomp System Indonesia (PASI), pemegang saham PEMI, PEMI mengalihkan kewajiban pembayaran jasa manajemen kepada PASI dan PASI mengakui segala hak, kepentingan, tugas dan kewajiban yang dialihkan.
Halaman - 72 - Page
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 35. MONETARY ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES At 31 December 2010 and 2009, the Company and its subsidiaries had monetary assets and liabilities denominated in foreign currencies as follows:
USD Aset Kas dan setara kas Piutang usaha Piutang lain-lain Aset lain-lain 11,476,356 4,735,275 336,178 30,015 16,577,824 Kewajiban Hutang usaha Hutang lain-lain Beban masih harus dibayar Pinjaman jangka panjang 18,782,518 691,821 369,438 12,980,000 32,823,777 (Kewajiban)/aset bersih Dalam ekuivalen Rupiah (16,245,953) (146,067)
JPY 20,853,679 21,370,213 285,724 42,509,616 135,165,985 814,654 1,640,396 137,621,035 (95,111,419) (10,489)
Lain-lain/ others 148,205 108,968 653 257,826 270,961 4,795,900 7,464 5,074,325 (4,816,499) (784)
2009 Jumlah setara Rupiah/ Equivalent in Rupiah 119,446 52,732 4,924 75 177,177 170,602 5,451 156 165,440 341,649 (164,472) (164,472) Net (liabilities)/assets Equivalent in Rupiah Liabilities Trade payables Other payables Accrued expenses Long-term loans Assets Cash and cash equivalents Trade receivables Other receivables Other assets
USD Aset Kas dan setara kas Piutang usaha Piutang lain-lain Aset lain-lain 11,634,995 5,327,951 501,537 3,572 17,468,055 Kewajiban Hutang usaha Hutang lain-lain Beban masih harus dibayar Pinjaman jangka panjang 17,167,318 551,166 16,642 17,600,000 35,335,126 (Kewajiban)/aset bersih Dalam ekuivalen Rupiah (17,867,071) (167,950)
JPY 35,351,294 20,103,383 2,057,926 57,512,603 72,055,525 2,336,015 74,391,540 (16,878,937) (1,717)
Lain-lain/ others 212,293 44,731 680 257,704 260,352 3,497 263,849 (6,145) 397
Halaman - 73 - Page
Apabila aset dan kewajiban dalam mata uang asing pada tanggal 31 Desember 2010 dijabarkan dengan menggunakan kurs tengah mata uang asing pada tanggal laporan ini, maka kewajiban bersih dalam mata uang asing Perusahaan dan anak perusahaan tersebut akan turun sebesar Rp 2,5 miliar, tidak termasuk keuntungan selisih kurs yang timbul dari nilai wajar instrumen derivatif, apabila instrumen tersebut dinilai dengan nilai wajarnya pada tanggal laporan ini. 36. STANDAR AKUNTANSI PROSPEKTIF Dewan Standar Akuntansi Keuangan Ikatan Akuntan Indonesia (DSAK-IAI) telah melakukan revisi atas beberapa standar akuntansi yang mungkin akan berdampak pada laporan keuangan Perusahaan dan anak perusahaan, yang berlaku untuk periode laporan keuangan yang dimulai pada atau setelah tanggal 1 Januari 2011 sebagai berikut: PSAK 1 (revisi 2009) - Penyajian Keuangan, PSAK 2 (revisi 2009) - Laporan Arus Kas, Laporan
If assets and liabilities in foreign currencies as at 31 December 2010 had been translated using the middle rates as at the date of this report, the total net foreign currency liabilities of the Company and subsidiaries would decrease by amount Rp 2.5 billion, excluding any foreign exchange gain on derivative instruments, if the instrument had been valued based on fair values as at the date of this report.
36 PROSPECTIVE ACCOUNTING PRONOUNCEMENT Financial Accounting Standard Board of Indonesian Institute of Accountants (DSAK-IAI) has issued revision of the following accounting standards which might have an impact on the Company and subsidiaries financial statements, which are applicable for financial statements covering periods beginning on or after 1 January 2011: dan SFAS 1 (revised 2009) - Presentation of Financial Statements, SFAS 2 (revised 2009) - Statements of Cashflows, SFAS 3 (revised 2009) - Interim Financial Reporting, SFAS 4 (revised 2009) - Consolidated and Separate Financial Statements, SFAS 5 (revised 2009) - Operating Segments, SFAS 7 (revised 2010) - Related Party Disclosures, SFAS 8 (revised 2010) - Events after the Reporting Period, SFAS 12 (revised 2009) - Interest in Joint Ventures, SFAS 15 (revised 2009) - Investment in Associates, SFAS 19 (revised 2010) - Intangible Assets, SFAS 22 (revised 2010) - Business Combination, SFAS 23 (revised 2010) - Revenue, SFAS 25 (revised 2009) - Accounting Policies, Changes in Accounting Estimates and Errors, SFAS 48 (revised 2009) - Impairment of Assets, SFAS 57 (revised 2009) - Provisions, Contingent Liabilities and Contingent Assets, SFAS 58 (revised 2009) - Non-Current Assets Held for Sale and Discountinued Operations, Interpretation of SFAS 10 - Customer Loyalty Program, Interpretation of SFAS 11 - Distribution of NonCash Assets to Owners, Interpretation of SFAS 14 - Intangible Assets Web Site Cost, Interpretation of SFAS 17 - Interim Financial Reporting and Impairment.
PSAK 3 (revisi 2009) - Laporan Keuangan Interim, PSAK 4 (revisi 2009) - Laporan Keuangan Konsolidasian dan Laporan Keuangan Tersendiri, PSAK 5 (revisi 2009) - Segmen Operasi, PSAK 7 (revisi 2010) - Pengungkapan Pihak-pihak Berelasi, PSAK 8 (revisi 2010) - Peristiwa Setelah Periode Pelaporan, PSAK 12 (revisi 2009) - Bagian Partisipasi dalam Ventura Bersama, PSAK 15 (revisi 2009) - Investasi pada Entitas Asosiasi, PSAK 19 (revisi 2010) - Aset Tak Berwujud, PSAK 22 (revisi 2010) - Kombinasi Bisnis, PSAK 23 (revisi 2010) - Pendapatan, PSAK 25 (revisi 2009) - Kebijakan Akuntansi, Perubahan Estimasi Akuntansi, dan Kesalahan, PSAK 48 (revisi 2009) - Penurunan Nilai Aset, PSAK 57 (revisi 2009) - Provisi, Liabilitas Kontijensi dan Aset Kontijensi, PSAK 58 (revisi 2009) - Aset Tidak Lancar yang Dimiliki untuk Dijual dan Operasi yang Dihentikan, ISAK 10 - Program Loyalitas Pelanggan, ISAK 11 - Distribusi Aset Nonkas Kepada Pemilik, ISAK 14 - Aset Tak Berwujud - Biaya Situs Web, ISAK 17 - Laporan Penurunan Nilai. Keuangan Interim
Halaman - 74 - Page
DSAK-IAI juga telah mengeluarkan revisi atas beberapa standar akuntansi yang mungkin akan berdampak pada laporan keuangan Perusahaan dan anak perusahaan, yang berlaku untuk periode laporan keuangan yang dimulai pada atau setelah tanggal 1 Januari 2012 sebagai berikut: PSAK 10 (revisi 2010) - Pengaruh Perubahan Kurs Valuta Asing, PSAK 24 (revisi 2010) - Imbalan kerja, PSAK 46 (revisi 2010) - Akuntansi Pajak Penghasilan, PSAK 50 (revisi 2010) - Instrumen Keuangan: Penyajian, PSAK 53 (revisi 2010) - Pembayaran Berbasis Saham, PSAK 60 (revisi 2010) - Instrumen Keuangan: Pengungkapan, PSAK 63 (revisi 2010) - Pelaporan Keuangan dalam Ekonomi Hiperinflasi, ISAK 13 - Lindung Nilai Investasi Neto dalam Kegiatan Usaha Luar Negeri. ISAK 15 - Batas Aset Imbalan Pasti, Persyaratan Pendanaan Minimum dan Interaksinya, ISAK 16 - Perjanjian Konsensi Jasa, ISAK 20 - Pajak Penghasilan - Perubahan dalam Status Pajak Entitas atau Para Pemegang Sahamnya.
SFAS 10 (revised 2010) - The Effects of Changes in Foreign Exchange Rates, SFAS 24 (revised 2010) - Employee Benefits, SFAS 46 (revised 2010) - Income Taxes, SFAS 50 (revised 2010) - Financial Instruments: Presentation, SFAS 53 (revised 2010) - Share-Based Payment, SFAS 60 (revised 2010) - Financial Instruments: Disclosures, SFAS 63 (revised 2010) - Financial Reporting in Hyperinflationary Economies, Interpretation of SFAS 13 - Hedge of Net Investment in Foreign Operation, Interpretation of SFAS 15 - The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction. Interpretation of SFAS 16 - Service Concession Arrangements. Interpretation of SFAS 20 - Income Taxes Changes in the Tax Status of an Entity or its Shareholders.
Perusahaan dan anak perusahaan sedang mengevaluasi dampak dari penerapan revisi standar ini terhadap laporan keuangan konsolidasian. 37. INFORMASI TAMBAHAN Berikut pada halaman 77 sampai dengan halaman 82 adalah informasi keuangan PT Astra Otoparts Tbk (induk perusahaan saja) yang menyajikan penyertaan Perusahaan pada anak perusahaan berdasarkan metode ekuitas dan bukan dengan metode konsolidasi.
The Company and subsidiaries are evaluating the impact of the implementation of these revised standard on the consolidated financial statements. 37. SUPPLEMENTARY INFORMATION The following financial information of PT Astra Otoparts Tbk (parent company only) on pages 77 to 82 presents the Companys investments in subsidiaries under the equity method, and not under the consolidation method.
Halaman - 75 - Page
Halaman - 76 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
NERACA 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 ASET Aset lancar Kas dan setara kas Wesel tagih Piutang usaha, setelah dikurangi penyisihan penurunan nilai piutang usaha sebesar Rp 224 (2009: Rp 1.814) - Pihak yang mempunyai hubungan istimewa - Pihak ketiga Piutang lain-lain Persediaan, setelah dikurangi penyisihan persediaan usang dan lambat bergerak sebesar Rp 2.020 (2009: Rp 3.513) Pajak dibayar dimuka Pembayaran dimuka lainnya Jumlah aset lancar
BALANCE SHEETS AS AT 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 ASSETS Current assets Cash and cash equivalents Notes receivables Trade receivables, net of provision for impairment of trade receivables of Rp 224 (2009: Rp 1,814) Related parties Third parties Other receivables Inventories, net of provision for obsolete and slow moving inventories of Rp 2,020 (2009: Rp 3,513) Prepaid taxes Other prepayments Total current assets
150,974 83,067
334,226 72,976
Aset tidak lancar Piutang pihak yang mempunyai hubungan istimewa Aset pajak tangguhan Investasi pada anak perusahaan, perusahaan asosiasi dan jointly controlled entities Investasi jangka panjang lain-lain Aset tetap, setelah dikurangi akumulasi penyusutan sebesar Rp 320.098 (2009: Rp 266.571) Properti investasi Aset lain-lain Jumlah aset tidak lancar JUMLAH ASET
77,741
2,160 49,889
3,243,936 10,293
2,536,478 10,293
Non-current assets Receivables from related parties Deferred tax assets Investments in subsidiaries, associates, and jointly controlled entities Other long-term investments Fixed assets, net of accumulated depreciation of Rp 320,098 (2009: Rp 266,571) Investment properties Other assets Total non-current assets TOTAL ASSETS
Halaman - 77 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
NERACA 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 KEWAJIBAN Kewajiban jangka pendek Pinjaman jangka pendek Hutang usaha - Pihak yang mempunyai hubungan istimewa - Pihak ketiga Hutang lain-lain Hutang pajak Beban yang masih harus dibayar Uang muka pelanggan Kewajiban imbalan kerja Bagian jangka pendek dari pinjaman jangka panjang Jumlah kewajiban jangka pendek Kewajiban jangka panjang Hutang kepada pihak yang mempunyai hubungan istimewa Kewajiban imbalan kerja Pinjaman jangka panjang, setelah dikurangi bagian jangka pendek Kewajiban derivatif Kewajiban jangka panjang lain-lain Jumlah kewajiban jangka panjang EKUITAS Modal saham Modal dasar - 2.000.000.000 saham dengan nilai nominal Rp 500 (Rupiah penuh) per saham Modal ditempatkan dan disetor penuh 771.157.280 saham Tambahan modal disetor Perubahan ekuitas perusahaan asosiasi Cadangan lindung nilai arus kas Selisih nilai transaksi restrukturisasi entitas sepengendali Saldo laba - Dicadangkan - Belum dicadangkan Jumlah ekuitas JUMLAH KEWAJIBAN DAN EKUITAS BALANCE SHEETS AS AT 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 LIABILITIES Current liabilities Short-term loan Trade payables Related parties Third parties Other payables Taxes payable Accrued expenses Customer advances Employee benefits obligation Current portion of long-term loans Total current liabilities Non-current liabilities 61,428 3,697 48,778 Payables to related parties Employee benefits obligation Long-term loans, net of current portion Derivative liabilities Other non-current liabilities Total non-current liabilities EQUITY Share capital Authorised - 2,000,000,000 shares with par value of Rp 500 (full Rupiah) per share Issued and fully paid 771,157,280 shares Additional paid-in capital Changes in equity of associates Cash flow hedge reserve Differences in value of restructuring transactions among entities under common control Retained earnings Appropriated Unappropriated Total equity TOTAL LIABILITIES AND EQUITY
120,000
4,973,283
4,054,652
Halaman - 78 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
LAPORAN LABA RUGI UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 Pendapatan bersih Beban pokok pendapatan Laba kotor Beban usaha: Beban penjualan Beban umum dan administrasi 3,931,924 (3,437,654) 494,270 STATEMENTS OF INCOME FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 2,920,440 (2,515,081) 405,359 Net revenue Cost of revenue Gross profit Operating expenses: Selling expenses General and administrative expenses
Laba usaha Penghasilan/(beban) lain-lain: Penghasilan bunga Kerugian likuidasi anak perusahaan Keuntungan/(kerugian) kurs mata uang asing - bersih Beban bunga dan keuangan Penghasilan lain-lain - bersih
100,600
Operating profit Other income/(expenses): Interest income Loss on liquidation subsidiaries Gain/(loss) on foreign exchange - net Interest and financial charges Other income - net
Bagian laba bersih anak perusahaan, perusahaan asosiasi dan jointly controlled entities Laba sebelum pajak penghasilan Beban pajak penghasilan Laba bersih Laba bersih per saham dasar dan dilusian (Rupiah penuh)
Equity in net income of subsidiaries, associates and jointly controlled entities Profit before income tax Income tax expenses Net profit Net earnings per share basic and diluted (full Rupiah)
1,480
996
Halaman - 79 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
LAPORAN PERUBAHAN EKUITAS UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
Selisih nilai transaksi restrukturisasi entitas sepengendali/ Differences in value of restructuring transactions among entities under common control
STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated)
Perubahan ekuitas Tambahan perusahaan modal asosiasi/ Modal disetor/ Changes saham/ Additional in equity of Share capital paid-in capital associates
Saldo 1 Januari 2009 Pembentukan cadangan wajib Perubahan ekuitas perusahaan asosiasi Dividen Laba bersih tahun berjalan Saldo 31 Desember 2009 Pembentukan cadangan wajib Dividen Perubahan bersih nilai derivatif lindung nilai arus kas yang belum direalisasi, setelah efek pajak sebesar Rp 442 juta Laba bersih tahun berjalan Saldo 31 Desember 2010
385,579 385,579 -
55,943 55,943 -
18,120 18,120 -
(10,923) (10,923) -
Balance as at 1 January 2009 Appropriation to statutory reserve Changes in equity of associates Dividends Net income for the year Balance as at 31 December 2009 Appropriation to statutory reserve Dividends Net unrealised change in cash flow hedge derivatives, net of tax effect of Rp 442 million Net income for the year Balance as at 31 December 2010
385,579
55,943
18,120
1,326 1,326
(10,923)
60,000
1,141,179 3,350,782
Halaman - 80 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
LAPORAN ARUS KAS UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) 2010 Arus kas dari aktivitas operasi Penerimaan kas dari pelanggan dan lainnya Penerimaan kas dari aktivitas operasi lainnya Pembayaran kas untuk pemasok dan karyawan Kas yang dihasilkan dari operasi Penerimaan bunga Pembayaran bunga dan beban keuangan Pembayaran pajak penghasilan Arus kas bersih dihasilkan dari aktivitas operasi Arus kas dari aktivitas investasi Penerimaan dividen kas Hasil penjualan aset tetap Piutang yang (diberikan kepada)/ diterima dari pihak yang mempunyai hubungan istimewa - bersih Perolehan aset tidak berwujud dan beban tangguhan Perolehan aset tetap Akuisisi perusahaan asosiasi, setelah dikurangi arus kas yang diperoleh Arus kas bersih dihasilkan dari aktivitas investasi Arus kas dari aktivitas pendanaan Penerimaan pinjaman jangka pendek Penerimaan hutang pihak yang mempunyai hubungan istimewa - bersih Penerimaan bunga dari wesel tagih (Pembayaran)/penerimaan wesel tagih Pembayaran pinjaman jangka panjang Pembayaran dividen Arus kas bersih digunakan untuk aktivitas pendanaan (Penurunan)/kenaikan bersih kas dan setara kas Kas dan setara kas awal tahun Dampak perubahan selisih kurs terhadap kas dan setara kas Kas dan setara kas pada akhir tahun 120,000 4,810 3,379 (10,091) (41,741) (490,456) (414,099) (181,565) 334,226 3,909,634 49,534 (3,739,119) 220,049 9,945 (20,362) (55,104) 154,528 335,287 216 STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated) 2009 2,785,020 20,133 (2,622,975) 182,178 17,875 (23,541) (46,695) 129,817 142,513 4,655 Cash flows from operating activities Receipts from customers and others Receipts from other operating activities Payments to suppliers and employees Cash generated from operations Interest receipts Payments for interest and financial charges Payments for income tax Net cash flows provided by operating activities Cash flows from investing activities Cash dividends receipts Proceeds from sale of fixed assets Receivables (provided to)/ collected from related parties - net Acquisition of intangible assets and deferred charges Acquisition of fixed assets Acquisition of associate, net of cash acquired Net cash flows provided by investing activities Cash flows from financing activities Proceeds from short-term loans Proceeds in payables 479 to related parties - net 11,572 Interest received from notes receivables (Payments)/receipts in notes 102,115 receivables (30,223) Repayments of long-term loans (230,576) Payments of dividends (146,633) 75,538 246,014 Net cash flows used in financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Effect of exchange rate differences on cash and cash equivalents Cash and cash equivalents at the end of the year
(1,053)
78,006
92,354
(1,687) 150,974
12,674 334,226
Halaman - 81 - Page
INFORMASI TAMBAHAN/SUPPLEMENTARY INFORMATION PT ASTRA OTOPARTS Tbk INDUK PERUSAHAAN SAJA/PARENT COMPANY ONLY
LAPORAN ARUS KAS UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009 (Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain)
2010
STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2010 AND 2009 (Expressed in millions of Rupiah, unless otherwise stated)
2009
Pengungkapan tambahan Aktivitas investasi dan pendanaan yang tidak mempengaruhi kas: Penambahan properti investasi melalui penyesuaian nilai wajar Penambahan aset tetap dan aset tidak berwujud melalui hutang Penambahan aset tetap dari uang muka pembelian aset tetap 5,114 1,047 863 3,172 2,823
Supplementary disclosures Non-cash investing and financing activities: Increase in investment properties through fair value adjustments Additions of fixed assets and intangible assets through payables Additions of fixed assets from advance payment of fixed assets
Halaman - 82 - Page
Sejarah Singkat
1976
History in Brief
Berdiri sebagai PT Alfa Delta Motor, sebuah perusahaan yang bergerak di perdagangan otomotif, perakitan mesin, dan konstruksi. Pemilik dari perusahaan ini adalah William Soeryadjaja dan PT Djaya Pirusa. Founded as PT Alfa Delta Motor with businesses in trading of auto industry, assembling of machineries, and construction. PT Alfa Delta Motor was owned by William Soeryadjaja and PT Djaya Pirusa.
1977
PT Alfa Delta Motor berubah nama menjadi PT Pacifc Western. PT Alfa Delta Motor changed its name into PT Pacific Western.
1996
PT Menara Alam Pradipta berubah nama menjadi PT Astra Pradipta Internusa. Kemudian terjadi merger antara beberapa perusahaan produsen komponen di lingkungan Grup Astra, diantaranya PT Astra Pradipta Internusa & PT Federal Adiwira Serasi (PT Federal Adiwira Serasi sebagai surviving company). PT Federal Adiwira Serasi berubah nama menjadi PT Astra Dian Lestari. PT Menara Alam Pradipta changed its name into PT Astra Pradipta Internusa. Then a merger occured among several parts companies within Astra Group, i.e. PT Astra Pradipta Internusa & PT Federal Adiwira Serasi (PT Federal Adiwira Serasi as surviving company). PT Federal Adiwira Serasi changed its name into PT Astra Dian Lestari.
1981
PT Pacifc Western berubah nama menjadi PT Menara Alam Teknik dan berganti kepemilikan, menjadi milik PT Summa Surya, PT Windu Tri Nusantara dan PT Multivest. PT Pacific Western changed its name into PT Menara Alam Tehnik and changed the owners to PT Summa Surya, PT Windu Tri Nusantara and PT Multivest.
1983
Astra membeli saham PT Summa Surya di PT Menara Alam Teknik. Astra acquired PT Summa Suryas shares in PT Menara Alam Tehnik.
1997
PT Astra Dian Lestari berubah nama menjadi PT Astra Otoparts. PT Astra Dian Lestari changed its name into PT Astra Otoparts.
1993
Astra mengambil alih seluruh saham PT Menara Alam Teknik, dan merubah nama PT Menara Alam Teknik menjadi PT Menara Alam Pradipta. Astra acquired all shares of PT Menara Alam Teknik, and changed the name of PT Menara Alam Teknik, into PT Menara Alam Pradipta.
1998
PT Astra Otoparts menjadi Perusahaan Publik dengan mencatatkan sahamnya di Bursa Efek Jakarta, dengan kode transaksi: AUTO. PT Astra Otoparts became a public listed company by listing its shares on the Jakarta Stock Exchange, with transaction code: AUTO.
II
AUDIT COMMITTEE
Chairman Patrick Morris Alexander Kanaka Puradiredja Siti Nurwahyuningsih Harahap
BOARD OF DIRECTORS
President Director Director Siswanto Prawiroatmodjo Djangkep Budhi Santoso Widodo Eko Rijanto Darmawan Widjaja Robby Sani Gustav Afdhol Husein Dandy Soelip Niniek Dhamayanti
PRESIDENT DIRECTOR
Siswanto Prawiroatmodjo
DIRECTOR IN CHARGE
Key Account Management
CORPORATE FUNCTIONS
Siswanto Prawiroatmodjo Heri Purnomo Heliana E. Adiwinata Gilbert Permadi Dewanto Heliana E. Adiwinata Niniek Dhamayanti Lystiani Ria Dewi Sugito Robby Sani Suranywaty Tjandrasa Lily Herawati Suranywaty Tjandrasa Darmawan Widjaja Heliana E. Adiwinata Darmawan Widjaja Widodo E. Rijanto
Siswanto Prawiroatmodjo
Corporate Internal Audit Business Strategy Engineering Development Center Business Process Management
Niniek Dhamayanti
Robby Sani
Corp. Group Services, EHS & Corp. Social Responsibility Corp. Secretary, Public Relation, Legal Corporate Finance Corporate Controller Investor Relations
Darmawan Widjaja
Widodo E. Rijanto
Manufacturing Excellence
CORPORATE OPERATIONS
Domestic Operation
CE: Dandy Soelip CE: Dandy Soelip CE: Dandy Soelip CE: Rudy Chandra CE: Lay Agus CE: Gustav A. Husein
Dandy Soelip
III
SUBSIDIARIES/AFFILIATED COMPANIES
PRESIDENT DIRECTOR
Siswanto Prawiroatmodjo
DIRECTOR IN CHARGE
Rubber Manufacturing I Piston & Valve
LINE OF BUSINESS
PT Indokarlo Perkasa PT Federal Izumi Manufacturing PT Federal Nittan Industries
Others
CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE : CE :
CHIEF EXECUTIVE
Rudy Chandra Pande Made Negara Afdal Fuad Djangkep B. Santoso Tutuka Andriyatno Gustav A. Husein Gustav A. Husein Gustav A. Husein Gustav A. Husein Gustav A. Husein Gustav A. Husein Gustav A. Husein Kusmayadi Bambang Rustamadji Janto Tantra Widodo E. Rijanto Stephanus SWL Janto Tantra Widodo E. Rijanto Robby Sani Ferry Rampengan Robby Sani Robby Sani Robby Sani Dandy Soelip Dandy Soelip
Djangkep B. Santoso
PT GS Battery PT Century Batteries Indonesia PT Menara Terus Makmur PT Inti Ganda Perdana
Gustav A. Husein
Other
PT Akebono Brake Astra Indonesia PT Astra Nippon Gasket Indonesia PT Denso Indonesia
Widodo E. Rijanto
Key 4W
PT AT Indonesia PT Aisin Indonesia PT Toyoda Gossei Safety Systems Indonesia PT DIC Astra Chemicals PT SKF Indonesia
Manufacturing IV
Robby Sani
Others
Domestik Internasional
Dandy Soelip
IV
Modal Saham (per tanggal 31 Desember 2010): Modal Dasar: Rp 1.000.000.000.000 terbagi atas 2.000.000.000 saham, dengan nilai nominal sebesar Rp 500 per saham Modal Ditempatkan dan Disetor Penuh: 771.157.280 saham dengan nilai nominal Rp 385.578.640.000, yaitu: a. PT Astra International Tbk. (737.640.614 saham) b. Publik (33.516.666 saham) Pusat Informasi Pertanyaan pemegang saham dan publik dapat dialamatkan kepada: Departemen Hubungan Investor Jl. Raya Pegangsaan Dua Km. 2,2 Kelapa Gading, Jakarta 14250 Indonesia Tel. : (62-21) 460-3550, 460-7025 Fax : (62-21) 460-3549, 460-7009 E-mail : investor@component.astra.co.id Biro Administrasi Efek PT Raya Saham Registra merupakan biro administrasi efek dari saham PT Astra Otoparts Tbk. Semua pertanyaan pemegang saham terdaftar yang berkenaan dengan dividen, kehilangan, atau kecurian sertifikat saham, penggantian alamat, dan hal-hal lainnya yang berhubungan dengan status pendaftaran pemegang saham dapat dialamatkan kepada: PT Raya Saham Registra Gedung Plaza Sentral, Lt. 2 Jl. Jend. Sudirman Kav. 47-48 Jakarta 12930 Tel. : (62-21) 252-5666 Fax : (62-21) 252-5028 Bursa Efek Saham PT Astra Otoparts Tbk. (kode transaksi: AUTO) dicatat dan diperdagangkan di Bursa Efek Indonesia (BEI). Rapat Umum Pemegang Saham Tahunan Rapat Umum Pemegang Saham Tahunan PT Astra Otoparts Tbk. tahun buku 2009 diselenggarakan pada tanggal 20 Mei 2010 bertempat di Hotel Grand Melia, Jakarta. Paparan Publik Paparan Publik PT Astra Otoparts Tbk. tahun buku 2009 diselenggarakan pada tanggal 20 Mei 2010 bertempat di Hotel Grand Melia, Jakarta.
Capital stock (as of 31 December 2010): Authorized Capital: Rp 1,000,000,000,000 divided into 2,000,000,000 with nominal value Rp 500 per share Issued and paid up Capital: 771,157,280 shares at par value of Rp 385,578,640,000 held by: a. PT Astra International Tbk. (737,640,614 shares) b. Public (33,516,666 shares) Information Center Shareholders and public inquiries may be addressed to: Investor Relations Department Jl. Raya Pegangsaan Dua Km. 2.2 Kelapa Gading, Jakarta 14250 Indonesia Tel. : (62-21) 460-3550, 460-7025 Fax : (62-21) 460-3549, 460-7009 E-mail : investor@component.astra.co.id Share Register Bureau PT Raya Saham Registra is the share register for PT Astra Otoparts Tbk. shares. All listed shareholders queries related to dividends, loss or theft of shares certifcates, change of address and other matters pertaining to the status of shareholders registration may be addressed to: PT Raya Raham Registra Gedung Plaza Sentral, 2nd Floor Jl. Jend. Sudirman Kav. 47-48 Jakarta 12930 Tel. : (62-21) 252-5666 Fax : (62-21) 252-5028 Stock Exchange The common stock of PT Astra Otoparts Tbk. (transaction code: AUTO) is listed on the Indonesia Stock Exchange (IDX). Annual General Meeting of Shareholders PT Astra Otoparts Tbks Annual General Meeting of Shareholders for 2009 was held on 20 May 2010 at Grand Melia Hotel, Jakarta. Public Expose Public Expose of PT Astra Otoparts Tbk. for fiscal year 2009 was held on 20 May 2010 at Grand Melia Hotel, Jakarta.
Kebijakan Dividen PT Astra Otoparts Tbk. | Dividend Policy of PT Astra Otoparts Tbk. Keterangan / Description Dividen untuk tahun buku / Dividend for fiscal year Dividen per saham (Rp)/ Dividend per share (Rp) Jumlah lembar saham/ Total shares Jumlah dividen yang dibayarkan (Rp)/Total dividend payout(Rp) Pengumuman pembagian dividen/Announcement of dividend payout Tanggal pembayaran/ Payment date - Dividen interim/Interim dividend - Dividen final/Final dividend Rasio dividen terhadap laba bersih/Dividend Payout Ratio 21 June 2005 21% 23 June 2006 28% 28 Nov 2006 29 June 2007 21% 9 Nov 2007 26 June 2008 40% 11 Nov 2008 22 June 2009 40% 11 Nov 2009 30 June 2010 60% 2005 2004 60 771,157,280 46,269,436,800 2006 2005 100 771,157,280 77,115,728,000 2007 2006 75 771,157,280 57,836,796,000 2008 2007 235 771,157,280 181,221,960,800 2009 2008 294 771,157,280 226,720,240,320 2010 2009 598 771,157,280 461,152,053,440
26 April 2005
26 April 2006
3 May 2007
29 April 2008
8 Mei 2009
20 Mei 2010
Pemegang Saham (Per 31 December 2010) | Share Ownership (As of 31 December 2010) Jumlah Saham Number of shares PT Astra International Tbk. Public (below 5% each) Including Commissioners and Directors: - Widya Wiryawan (Wakil Presiden Komisaris/Vice President Commissioner) - Leonard Lembong (Komisaris/Commissioner) - Gustav Afdhol Husein (Direktur/Director) Total 737,640,614 33,516,666 333,000 256,000 1,000 771,157,280 100.00 % 95.65 4.35
Kronologis Saham | Share Chronology Jumlah Saham Beredar Total Shares Issued
Keterangan/Description 31 Dec 1998 31 Dec 1999 31 Dec 2000 31 Dec 2001 31 Dec 2002 31 Dec 2003 31 Dec 2004 31 Dec 2005 31 Dec 2006 31 Dec 2007 31 Dec 2008 31 Dec 2009 31 Dec 2010 Jumlah Saham/ Number of Share 749,930,280 749,930,280 749,930,280 749,930,280 749,930,280 755,341,280 767,978,280 771,157,280 771,157,280 771,157,280 771,157,280 771,157,280 771,157,280 Nilai Nominal (dalam juta Rp)/ Nominal (in million Rp) 374,965 374,965 374,965 374,965 374,965 377,671 383,989 385,579 385,579 385,579 385,579 385,579 385,579
VI
Alamat & Nomor Telepon Perusahaan di Grup Astra Otoparts Addresses & Phone Numbers of Companies in Astra Otoparts Group
5 6
PT Astra Otoparts Tbk. Nusametal Division PT Astra Otoparts Tbk. Adiwira Plastik Division
Telp. (021) 4603272 Fax. (021) 4601677 Plant I Telp. (0251) 8652703-8 Fax. (0251) 8652701-2 Plant II Telp. (021) 8754241 Fax. (021) 8754346 Telp. (021) 87901713, 87901752 Fax. (021) 87901704
13 14 15
Alamat & Nomor Telepon Perusahaan di Grup Astra Otoparts Addresses & Phone Numbers of Companies in Astra Otoparts Group
VII
20 21 22 23 24 25
PT Kayaba Indonesia PT Astra Nippon Gasket Indonesia PT Akebono Brake Astra Indonesia PT Wahana Eka Paramitra PT Inti Ganda Perdana PT AT Indonesia
Telp. (021) 8981456, 8980114 Fax. (021) 8980713, 89983169 Telp. (021) 8904404, 8905632 Fax. (021) 8904405 Telp. (021) 46830075 Fax. (021) 46826659 Telp. (021) 4602755 Fax. (021) 4602765 Telp. (021) 4602755 Fax. (021) 4602765 Telp. (021) 8904376-9 Fax. (021) 8904308, 8901662 Telp. (021) 8980455 Fax. (021) 8980451 Telp. (021) 8970909 Fax. (021) 8970910 Plant I (Head Office) Telp. (021) 6512279 Fax. (021) 6510566 Plant II Telp. (021) 8980303 Fax. (021) 8980605
26 27 28
29 30
Telp. (021) 4603255, 4608550 Fax. (021) 4605557 Telp. (0251) 8650411 / (021) 8765809 Fax. (0251) 8650216 / (021) 8765686
VIII
Alamat Main Dealer PT ASTRA OTOPARTS Tbk. Main Dealer Addresses of PT ASTRA OTOPARTS Tbk.
NO.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
Main Dealer
PT Calispo Multi Utama Aceh PT Sumatera Prima Jaya Aceh PT Calispo Multi Utama Medan PT Capella Patria Utama Medan PT Sumatera Prima Jaya Medan PT Calispo Multi Utama Kisaran PT Calispo Jaya Abadi Pekanbaru PT Capella Patria Utama Pekanbaru PT Calispo Citra Lestari Batam PT Capella Patria Utama Batam PT Capella Patria Utama Padang Mahkota Abadi Padang PT Jambi Mitra Sejati Jambi PT Aspirasi Jaya Lestari Palembang PT Capella Patria Utama Palembang CV Prima Mustika Agung Pangkal Pinang PD Sinar Bahagia Belitung PT Capella Patria Utama Lampung PT Makmur Prima Sejahtera Lampung CV Summa Putra Hokindo Lampung Sales Office Serang Sales Office Serpong Sales Office Jakarta Pusat & Barat Sales Office Fatmawati Sales Office Jakarta Utara & Timur Sales Office Bekasi Sales Office Bogor Sales Office Bandung
Address
Jl. SR. Sarifuddin No. 10 B, Kel. Peunayon, Kec. Kuta Alam Banda Aceh Jl. Pulau Menjangan No. 1 Blok C 15 Komp. Medan Industrial Centre - KIM II - Mabar, Medan Jl. Prof. H.M. Yamin, SH No. 70 C Medan - 20234 Jl. Sekip Baru No. 13 - 15 - 17 Medan 20112 Jl. Pulau Menjangan No. 1 Blok C 15 Komp. Medan Industrial Centre - KIM II - Mabar, Medan Jl. HOS Cokroaminoto No. 177 / 179 Kisaran - 21216 Jl. Soekarno-Hatta (d/h Arengka) No. 25 H Pekanbaru - 28292 Jl. Soekarno Hatta No. 57 RT. 07 / RW. 02, Kec. Payung Sekaki Pekanbaru - 28294 Jl. Laksamana Bintan, Komplek Executive Centre Blok 10 No. 6 - Sei Panas, Batam - 29432 Jl. Tenggiri Komp. Repindo Industrial Estate Blok A2 No. 8 Batu Merah - Batu Ampar, Batam - 29432 Jl. By Pass Baru Km. 6 RT. 02 / RW. 03 Padang - 25224 Jl. Pondok No. 86 D Padang - 25211 Jl. Abdul Rahman Saleh No. 16, Paal Merah Lama Jambi Selatan - 36139 Jl. Jend. Sudirman No. 6-7, Kel. 8 Ulu Palembang - 30252 Jl. Sako Raya No. 5A RT. 12 / RW. 04 Palembang - 30251 Jl. RE Martadinata No. 97, Pangkal Pinang Bangka 33128 Jl. Depati Rahat No. 6, Tanjung Pandan Belitung Jl. Laksamana Malahayati No.146 C-D Bandar Lampung Jl. Tembesu Raya No. 8A / 26, Komplek Pergudangan By Pass Soekarno Hatta, Lampung Jl. Pangeran Antasari No. 83, Kedamaian, Tanjung Karang Timur - Bandar Lampung Ruko Kepandehan 3 B, Jl. Raya Serang - Cilegon, Legok Sukmajaya - Serang - Banten - 42162 Jl. Pahlawan Seribu No. 8-H, Bumi Serpong Damai (BSD) Tangerang - 15321 Jl. Danau Sunter Utara Raya Blok C-1 No. 5-5A, Sunter Agung Jakarta - 14350 Jl. RS Fatmawati No. 41 - Jakarta Selatan Jl. Gading Kirana Timur Blok A-13 No. 26, Kelapa Gading Jakarta Utara - 14240 Ruko Villa Galaksi, Jl. Pulo Ribung Raya AR 1/31 Jaka Setia Bekasi - 17148 Jl. Pandu Raya Ruko No. 7 RT. 004/016, Tegal Gundil, Bogor Utara - Bogor - 16152 Jl. Cibolerang Baru No. 203 Kav. 5 - Bandung - 40225
Telephone
0651 - 21672 061 - 6871626 061 - 4556060 061 - 4524211; 4145381 061 - 6871626 0623 - 44910 0761 - 7865025; 7052346 0761 - 7865000 0778 - 453355 0778 - 413956 0751 - 775733; 775734 0751 - 24653 0741 - 572500; 572029 0711 - 512380 0711 - 813041 0717 - 423630; 431691 0719 - 24274 0721 - 489857; 489858 0721 - 7699068; 7699069 0721 - 7622584 0254 - 215700; 215800 021 - 53152218; 53152146 021 - 65835009; 65830810; 65830811 021 - 7690432 021 - 4516088 021 - 82418239; 82419355 0251 - 8379803; 8335429 022 - 5424643
Facsmile
0651 - 21672 061 - 6871624 061 - 4556936 061 - 4529400 061 - 6871624 0623 - 43225 0761 - 7865026 0761 - 7865100 0778 - 453499 0778 - 413957 0751 - 775735 0751 - 812158 0741 - 573551 0711 - 512381 0711 - 813043 0717 - 423720; 438930 0719 - 21405 0721 - 474207 0721 - 7699038 0721 - 7622918 0254 - 215900 021 - 5374513 021 - 65830812 021 - 7690208 021 - 4534584 021 - 82417054 0251 - 8379380 022 - 5424642
Alamat Main Dealer PT ASTRA OTOPARTS Tbk. Main Dealer Addresses of PT ASTRA OTOPARTS Tbk.
IX
NO.
29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55
Main Dealer
Sales Office Cirebon Sales Office Tasikmalaya Sales Office Purwokerto Sales Office Semarang PT Meka Adipratama Semarang Sales Office Yogyakarta PT Meka Adipratama Yogyakarta Sales Office Solo Sales Office Madiun Sales Office Kediri Sales Office Malang Sales Office Surabaya Barat Sales Office Surabaya Timur Sales Office Jember Sales Office Bali PT Jambi Mitra Sejati Kupang
Address
Jl. Ahmad Yani No. 48, Kel. Pegambiran Cirebon - 45113 Jl. Mayor SL. Tobing No. 39 - Tasikmalaya - 46125 Jl. S. Parman No. 1549-C RT. 05 / RW. 04 Purwokerto Kulon Purwokerto - 53121 Jl. Majapahit No. 84 RT. 005 / RW. 001, Pandean Lamper Gayam Sari - Semarang - 50167 Jl. Puspowarno Tengah No. 7, 8, 11 - Semarang Jl. Magelang Km. 7.2, Mlati Dukuh Sendangdadi Sleman Yogyakarta - 55285 Jl. Parangtritis No. 139 B, Brontokusuman, Kec. Mergangsan - Yogyakarta Ruko Plaza Eceran Blok CA No. 33, Jl. Raya Solo Permai, Solo Baru - Sukoharjo - 57552 Jl. Urip Sumoharjo 100, Madiun - 63127 Jl. KH. Agus Salim No. 114, Kediri Jl. MT. Haryono No. 133/08, Malang - 65144 Jl. Surowongso No. 359 RT. 004 / RW. 001, Gedangan, Sidoarjo - 61254 Jl. Surowongso No. 359 RT. 004 / RW. 001 Gedangan, Sidoarjo - 61254 Jl. Teuku Umar No. 67 - A Jember - 68131 Jl. Antasura No. 7 Tonja Denpasar - 80239 Jl. W. CH. Oematan No. 18 Kupang - 85228 Jl. Pak Kasih No. 38 Pontianak - 78112 Jl. Sungai Raya Dalam RT. 005 / RW. 016, Kel. Bangka Belitung Laut, Kec. Pontianak Tenggara Jl. Siam No. 110 Pontianak - 78122 Jl. Sudimampir No. 3 - A Banjarmasin Jl. Jendral A. Yani Km. 2 No. 110 - A Banjarmasin - 70233 Jl. Jendral A. Yani 34 - A / III Banjarmasin - 70233 Jl. Sutoyo S. No. 144 RT. 008 Banjarmasin - 70118 Jl. Sutoyo S. No. 144 RT. 008 Banjarmasin - 70118 Jl. Imam Bonjol No. 35 - 36 RT. 027 Samarinda - 75113 Jl. Ir. Sutami Blok J No. 9, Komp. Pergudangan Samarinda - 75126 Jl. Dotu Lolong Lasut No. 20 Manado - 95122
Telephone
0231 - 248065; 248022 0265 - 313688; 313947; 9125076 0281 - 643101; 643102; 643103; 643105 024 - 76725560 - 63 024-7603001; 7603002 0274 - 4362461 0274-382613 0271 - 626820 0351 - 467777 0354 - 778688 0341 - 558169 031 - 8916899 031 - 8916899 0331 - 338852; 338831 0361-429985; 429984 0380 - 8081167 0561-766519; 766520 0561 - 723678 0561 - 767163 0511-3353745 0511-3268548; 3251810 0511-3267920 0511 - 4416579; 7471595 0511 - 4416579; 7471595 0541 - 742996 0541-274542; 274543; 274544 0431-863035
Facsmile
0231 - 248056 0265 - 313677 0281 - 643104 024 - 76725564 024-7605395 0274 - 4362464 0274-418514 0271 - 626826 0351 - 467774 0354 - 779899 0341 - 577368 031 - 8911199 031 - 8911199 0331 - 338695 0361-429956 0380 - 827049 0561-742061; 732345 0561 - 723846 0561 - 745036 0511-3353745 0511-3268591 0511-3267966; 3254940 0511 - 3364674 0511 - 3364674 0541 - 741248 0541-273140 0431-863720
PT Bintang Putra Autoparts Pontianak PT Mentari Prima Semesta Kalbar Pontianak CV Mitra Makmur Pontianak PT Aneka Mekar Banjarmasin PT Harapan Jaya Sentosa Abadi Banjarmasin PT Gutrado Utama Trading Banjarmasin PT Kumala Central Partindo Banjarmasin PT Kumala Central Partindo Palangkaraya PT Borneo Mitra Makmur Samarinda PT Graha Arta Kaltim Sentosa Samarinda CV Aneka Gemilang Manado
Alamat Main Dealer PT ASTRA OTOPARTS Tbk. Main Dealer Addresses of PT ASTRA OTOPARTS Tbk.
NO.
56 57 58 59 60 61 62 63 64 65 66
Main Dealer
CV Multi Imperium Tiaga Manado PT Mutiara Denso Sejati Manado UD Multi Jaya Bersama Gorontalo PD Indokita Makmur Palu CV Mitra Tunggal Anugerah Palu PT Budipratama Sejati Makassar PT Catur Putra Harmonis Makassar PT Sadar Inti Perkasa Makassar Toko Salawati Sorong Toko Sabarco Manokwari CV Fajar Baru Jayapura
Address
Jl. Hasanuddin Raya No. 63, Kel. Sindulangi, Kec. Tuminting , Kota Manado Jl. Jendral Sudirman 4/2 Kel. Pinaesaan Manado - 95122 Jl. S. Parman No. 64 Gorontalo Jl. Sungai Gumbasa No. 1 Palu - 94222 Jl. Danau Poso No. 20 - 22, Palu Barat Palu Jl. Samalona No. 5A Makassar - 90174 Jl. Prof. Dr. Ir. Sutami (Tol) Makassar - 90212 Jl. Jend. Ahmad Yani No. 37 N Makassar - 90174 Jl. Dr. Sam Ratulangi No. 29 Sorong - Papua Barat Jl. Merdeka No. 54 Manokwari - Papua Barat Jl. Percetakan No. 10 - 14 Jayapura - 99111
Telephone
0431 - 862628 0431-864373; 864267 0435-821090 0451 - 425282; 425272 0451 - 455306 0411 - 320988; 320056; 315899 0411-512265 0411 - 322622 ; 328990 0951 - 321994 0986 - 211079; 211167 0967 - 531877 (hunting)
Facsmile
0431 - 855477 0431-852988 0435-822431 0451 - 422092 0451 - 427305 0411 - 327956 0411-511500 0411 - 328998 0951 - 323773 0986 - 212265 0967 - 533497
Portofolio Investasi Grup Astra Otoparts Investment Portfolio Astra Otoparts Group
XI
NO.
COMPANY NAME
% OWNERSHIP
LINE OF BUSINESS
1 2 3 4 5 6
Domestic Sales Operation Division Retail Division International Sales Operation Division Nusa Metal Division Adiwira Plastik Division Winteq Division
National distributor of automobile and motorcycle parts for domestic Replacement Market Retail chain shops of automotive parts Distributor of automobile and motorcycle parts for overseas market Aluminium Die Casting components Plastic Injection, Back Mirror, Head Lamp, Motorcycle Seat Manufacturer of Precision Machinery, Automation & Production Equipment
Consolidated Companies :
7 8 9 10 11 12 13 14 15 16 17 18
AOP Australia Pty. Ltd PT Menara Terus Makmur PT Senantiasa Makmur PT Astra Komponen Indonesia PT Ardendi Jaya Sentosa PT FSCM Manufacturing Indonesia PT Indokarlo Perkasa PT Century Batteries Indonesia PT Astra Daido Steel Indonesia PT Federal Izumi Manufacturing PT Nusa Keihin Indonesia PT Gemala Kempa Daya
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 80.00% 66.67% 58.06% 51.00% 50.67%
Automotive parts sales representative distribution for Australia and Oceania region Forging Part, Mechanical Jack & Hand Tools Manufacturing Holding company of PT Aisin Indonesia Non active Automotive and motorcycle parts dealer for Java and Bali Motorcycle Chain, Silent Chain, and Fuel, Oil & Air Filter Rubber Molded Parts, Rubber Extruded Parts/Hoses, Rubber Vibration Insulation Parts (Cushion/Mounting) Manufacturer of Storage Batteries Tool Steel, Machinery Steel, Stainless Steel, Parts Heat Treatment, Service Machining Plate Automotive Engine Piston Machining and Sub Assembling for automotive components Frame Chassis and Press Parts
Equity Method Companies : 19 20 21 22 23 24 25 PT GS Battery PT Kayaba Indonesia PT Astra Nippon Gasket Indonesia PT Akebono Brake Astra Indonesia PT Wahana Eka Paramitra PT Inti Ganda Perdana PT AT Indonesia 50.00% 50.00% 50.00% 50.00% 43.50% 42.50% 40.00% Manufacturer of Automobile & Motorcycle Lead Acid Storage Battery Shock Absorber, Front Fork, Oil Cushion Unit, Damper (Stay Damper, Chair Damper, Steering Damper) Automotive Gasket Brake System Transmission and Gear Box Rear Axle and Propeller Shaft Flywheel, Exhaust Manifold, Bearing Cap, Pulley, Pressure Plate, Retainer, Knuckle Sub-Assy Steering, Brake Drum, Body Caliper, Rocker Arm Automotive Engine Valve Clutch System, Door Frame, Door Lock, Window Regulator, Hood Lock & Hinge. (Indirect ownership through PT Senantiasa Makmur) Air Conditioner, Alternator, Starter, Spark Plug, Compressor, Radiator, Horn
26 27 28
XII
Portofolio Investasi Grup Astra Otoparts Investment Portfolio Astra Otoparts Group
NO.
COMPANY NAME
% OWNERSHIP
LINE OF BUSINESS
Equity Method Companies : 29 30 PT DIC Astra Chemicals PT Toyoda Gosei Safety System Indonesia 25.00% 20.00% Colorants for Plastics and Leather Steering Wheel
31
19.00%
Designing, manufacturing, selling and maintenance of Electronic Machines and Facilities, Machine Tools and Industrial Machines, and Precision Measuring Machines Manufacturing and Sales of Deep Grove Ball Bearings Automotive Wiring Harness
32 33
13.52% 5.00%
XIII
Komisaris/Commissioners
Sudirman Maman Rusdi Simon Collier Dixon Chiew Sin Cheok Eduardus Paulus Supit Leonard Lembong
Direksi/Board of Directors
Siswanto Prawiroatmodjo
Anggota/Members
Kanaka Puradiredja Siti Nurwahyuningsih Harahap
XIV
Widya Wiryawan
Leonard Lembong
Komisaris/ Commissioner
Bambang Trisulo
Siswanto Prawiroatmodjo
Presiden Direktur/President Director
Darmawan Widjaja
Direktur/Director
Dandy Soelip
Direktur/Director
Robby Sani
Direktur/Director
Jl. Raya Pegangsaan Dua Km. 2,2, Kelapa Gading, Jakarta 14250 Tel. : (62-21) 460-3550, 460-7025 | Fax.: (62-21) 460-3549, 460-7009 Website: www.component.astra.co.id | E-mail: auto@component.astra.co.id