Embracing
a Brighter
Future
Embracing a Brigh
hter Future
prawacana
Preface
daftar isi
Prawacana
Preface
Daftar Isi
Contents
1
2
sekilas Perusahaan
Company at a Glance
Ikhtisar Kinerja
tahun 2015
Performance Highlights
in 2015
6
Laporan Kepada
Pemegang Saham
Report to the Shareholders
32 Informasi Umum
General Information
33 Profil Singkat
Brief Profile
35 Visi, Misi dan Nilai-nilai Perusahaan
Vision, Mission and Corporate
Values
36 Tonggak Sejarah
Milestones
38 Struktur Organisasi
Organizational Structure
39 Struktur Korporasi
Corporate Structure
39 Informasi Pemegang Saham
Shareholders' Information
40 Kegiatan Usaha
Business Activities
44 Peta Wilayah Operasional
Operational Business Map
45 Informasi Tentang Anak
Perusahaan
Information on Subsidiaries
46 Lembaga Profesi Penunjang Pasar
Modal
Capital Market Supporting
Institutions
47 Profil Dewan Komisaris
Board of Commissioners' Profile
48 Profil Direksi
Board of Directors' Profile
63 Aspek Pemasaran
Marketing Aspect
64 Informasi Material Mengenai
Investasi, Ekspansi, Divestasi,
Akuisisi, atau Restrukturisasi
Utang/Modal
Material Information About
the Investment, Expansion,
Divestment, Acquisition of, or
Restructuring of Debt/Capital
65 Informasi Transaksi Material
yang Mengandung Benturan
Kepentingan dan Transaksi
dengan Pihak Afiliasi
Information Material on
Transactions with Conflict of
Interest and Transactions with
Affiliate Parties
65 Perubahan Peraturan Perundangundangan yang Berpengaruh
Signifikan Terhadap Perusahaan
Regulatory Changes in Legislation
with Significant Impacts to the
Company
65 Perubahan Kebijakan Akuntansi
Changes in Accounting Policies
97 Kebijakan Whistleblowing
Whistleblowing Policy
97 Kebijakan Anti Korupsi
Anti-Corruption Policy
92
93
94
94
95
96
96
96
97
Dasar Penerapan
Basic Implementation
Tujuan Penerapan GCG
Purpose of Implementing GCG
Kebijakan Tata Kelola Perusahaan
Corporate Governance Policies
Rencana Peningkatan Praktik GCG
Improvement Plan for GCG Practice
Struktur GCG
GCG Structure
Rapat Umum Pemegang Saham
General Meeting of Shareholders
Dewan Komisaris
The Board of Commissioners
Direksi
The Board of Directors
Hubungan Afiliasi
Affiliate Relationship
Kebijakan Remunerasi
Remuneration Policy
Komite Audit
Audit Committtee
Sekretaris Perusahaan
Corporate Secretary
Audit Internal
Internal Audit
Audit Eksternal
External Audit
Sistem Pengendalian Internal
Internal Control System
Manajemen Risiko
Risk Management
Kode Etik
Code of Conduct
Budaya Perusahaan
Corporate Culture
Kasus Litigasi dan Perkara Hukum
Litigation and Legal Cases
Program Kepemilikan Saham oleh
Manajemen dan Karyawan
Management and Employee Stock
Option Program
Akses informasi
Access of Information
104
Pernyataan
Declaration
Laporan Keuangan
Financial Report
Ikhtisar Kinerja
Tahun 2015
2015
2014*
2013*
2,113.15
2,505.58
3,854.27
Net Sales
184.20
378.00
586.64
Gross Profit
(289.28)
(1.20)
148.30
(362.03)
3.58
13.39
(352.34)
2.99
14.65
(9.70)
0.58
(1.26)
(355.92)
4.91
42.88
Uraian
Penjualan Bersih
Laba Kotor
(346.22)
3.45
43.07
(9.70)
1.46
(0.19)
(295.13)
0.32
1.56
Description
Profit Attributable to
Owners of the Parent
Profit Attributable to
Non-Controlling Interests
Comprehensive (Loss) Income
Comprehensive (Loss) Income
Attributable to Owners of the Parent
Comprehensive Loss (Income)
Attributable to Non-Controlling Interest
Basic Earnings Per Share
(in full amount)
1,145.16
1,720.58
1,403.40
1,101.61
1,079.03
1,752.10
Jumlah Aset
2,246.77
2,799.60
3,155.50
Total Assets
1,046.54
1,203.29
1,224.77
Jumlah Kewajiban
1,512.53
1,509.42
1,870.41
Total Liabilities
734.24
1,290.19
1,285.09
Total Equity
98.63
517.29
178.63
Jumlah Ekuitas
Modal Kerja Bersih
Rasio Keuangan
Financial Ratio
-16.84%
0.20%
1.11%
-15.84%
0.18%
1.36%
Return on Assets
-48.47%
0.38%
3.34%
Return on Equity
Rasio Lancar
1.09
1.43
1.15
Current Ratio
2.06
1.17
1.46
0.67
0.54
0.59
*Dinyatakan kembali/Restated
Penjualan Bersih
Jumlah Aset
Net Sales
Total Assets
2013
2013
3,854.27
2014
2014
2,505.58
2015
800
1,600
2,799.60
2015
2,113.15
0
3,155.50
2,400
3,200
4,000
2,246.77
0
700
1,400
Laba Kotor
Total Liabilities
2013
2013
586.64
378.00
184.20
0
150
300
450
600
1,870.41
2014
1,509.42
2015
1,512.53
750
500
2013
2014
3.58
2014
(160)
2,500
1,285.09
1,290.19
2015
(362.03)
(240)
2,000
Total Equity
2013
(320)
1,500
Jumlah Ekuitas
(400)
1,000
2015
3,500
Jumlah Kewajiban
Gross Profit
2015
2,800
2014
2,100
(80)
40
734.24
0
300
600
900
1,200
1,500
Terendah
Penutupan
Volume
(Jumlah Saham)
Kapitalisasi Pasar
Highest
Lowest
Closing
Volume
(No. of Shares)
Market Capitalization
Periode
Period
Kuartal Pertama
740
50
740
625,460,600
123,139,973,800
First Quarter
Kuartal Kedua
945
560
850
149,968,400
117,594,060,500
Second Quarter
Kuartal Ketiga
860
600
800
24,718,100
20,679,162,500
Third Quarter
Kuartal Keempat
875
800
850
21,596,600
18,167,654,000
Fourth Quarter
Tertinggi
Terendah
Penutupan
Volume
(Jumlah Saham)
Kapitalisasi Pasar
Closing
Volume
(No. of Shares)
Market Capitalization
Periode
Highest
Lowest
Period
Kuartal Pertama
61
50
52
1,482,072,600
79,171,900,600
First Quarter
Kuartal Kedua
60
50
52
822,776,000
44,178,079,400
Second Quarter
Kuartal Ketiga
58
50
54
726,088,900
38,989,790,400
Third Quarter
Kuartal Keempat
61
52
53
556,780,600
30,457,666,600
Fourth Quarter
800
600
400
200
0
Jan
Jan
Feb
Feb
Mar
Mar
Apr
Apr
Tertinggi Highest
Mei
May
Jun
Jun
Jul
Jul
Agu
Aug
Terendah Lowest
Sep
Sep
Okt
Oct
Nov
Nov
Des
Dec
Penutupan Closing
No
Konversi Obligasi
Bonds Conversion
Keterangan
Description
Tahun Pencatatan
pada BEI
Listing Date on IDX
27 Desember
1996
December 27,
1996
Penambahan (Saham)
Additional (Shares)
Akumulasi Jumlah
Saham Modal
Ditempatkan dan
Disetor
Accumulated Number of
Issued and Subscribed
Share Capital
250,000,000
500
650,000,000
1997
76,436,000
500
726,436,000
1998
730,999,000
2001
2004
2005
22 Desember
2009
December 22,
2009
2015
2015
10
9 Januari January 9
Perseroan menyelenggarakan Rapat Umum Pemegang Saham
Luar Biasa yang Ketiga dengan agenda persetujuan untuk
melakukan peningkatan modal dasar, penambahan modal tanpa
HMETD, serta Reverse Stock.
8 Juni June 8
PT Great Giant Pineapple melakukan pembelian saham
Perseroan sebesar 12,38% sehingga menjadikannya sebagai
pemegang saham pengendali dengan total kepemilikan
sebesar 50,11%.
30 Juli July 30
- Perseroan menyelenggarakan Rapat Umum Pemegang
Saham Tahunan dan Luar Biasa.
-
11
Sertifikasi Certification
Sertifikat Implementasi
analisis bahaya dan
pengendalian titik kritis
Certificate of
Implementation of
Hazard Analysis Critical
Control Point ("HACCP")
Sertifikat Halal
Halal Certificate
ISO 9001:2008
ISO 9001:2008
Slaughterhouse
business
unit obtained halal certificate
from Indonesian Council of
Ulama.
Perseroan
memperoleh
sertifikasi di bidang Sistem
Manajemen
Mutu
yaitu
ISO 9001:2008 dan SNI
ISO 9001:2008 dari Lloyds
Register Quality Assurance.
Sertifikasi ini berlaku untuk
pengolahan dan produksi
produk-produk daging ayam.
Slaughterhouse
business
unit received Certificate of
Implementation of Hazard
Analysis Critical Control Point
("HACCP") from Ministry
of Agriculture-Directorate
General of Animal Husbandry
and Animal Health Services.
12
The
Company
earned
Certificate of Approval from
Lloyds
Register
Quality
Assurance
to
Quality
Management
System
Standards: ISO 9001:2008
and SNI ISO 9001:2008
which are applicable to
processing and production of
poultry products.
Nomor Kontrol
Veteriner
Veterinary Control
Number
Unit usaha Rumah Potong
Ayam memperoleh Nomor
Kontrol Veteriner ("NKV") dari
Kepala
Dinas
Peternakan
Provinsi Jawa Barat dan
dinilai layak serta memenuhi
persyaratan
Kesehatan
Masyarakat Veteriner.
Slaughterhouse
business
unit obtained Veterinary
Control Number from Head
of Animal Husbandry Office
of West Java Province and is
considered proper and has
met the requirements of
Veterinary Community Health.
Penghargaan Awards
Penghargaan Produktivitas
Productivity Award
13
14
laporan kepada
pemegang saham
15
laporan
komisaris utama
Report from President Commissioner
17
18
Penutup
Closing
Hormat kami,
Yours faithfully,
19
dewan komisaris
Board of Commissioners
20
Setiawan Achmad
Komisaris
Commissioner
21
laporan
direksi
Report from the Board of Directors
22
Sri Sumiyarsi
Direktur
Director
Direktur Independen
Independent Director
23
The actual figure has not achieved the designated target in early
2015 due to the impact of the Companys main business which
was immensely affected by supply and demand and subject
to the Government regulation, foremost in terms of limitation
on import quota of corn, one of production raw materials for
feedmill as well as the fluctuation of Rupiah exchange rate
against US Dollar. It became a distinctive challenge for the
Company in carrying out its business activities during 2015.
24
25
26
Apresiasi
Appreciation
Hormat kami,
Sincerely yours,
27
manajemen
Management
28
29
30
sekilas perusahaan
Company at a Glance
31
sekilas perusahaan
company at a glance
informasi
umum
General Information
Nama Perusahaan
Company Name
Bidang Usaha
Line of Business
Alamat
Company Address
Tanggal Pendirian
Date of Establishment
6 September 1985
September 6, 1985
Dasar Hukum
Legal Basis
Akta Pendirian No. 17 tanggal 6 September 1985 oleh Raden Santoso, Notaris di
Jakarta, dan diubah dengan akta Notaris No. 27 tanggal 16 April 1986 oleh Notaris
yang sama, dan disahkan oleh Menteri Kehakiman Republik Indonesia dengan Surat
Keputusan No. C2-4506. HT.01.01.TH.86 tanggal 26 Juni 1986.
Deed of Establishment No. 17 dated September 6, 1985 by Raden Santoso, Notary
in Jakarta, and amended by Notarial deed No. 27 dated April 16, 1986 by the same
Notary, and approved by the Minister of Justice of the Republic of Indonesia by virtue
of Decision Letter No. C2-4506.HT.01.01.TH.86 dated June 26, 1986.
Kode Saham
Ticker Code
SIPD
Modal Dasar
: Rp3.842.093.165.000 atau 3.628.576.000 lembar saham
Authorized Capital : Rp3,842,093,165,000 or 3,628,576,000 shares
Modal Disetor
Paid-in Capital
32
Profil singkat
Brief Profile
33
sekilas perusahaan
company at a glance
34
VISI
VISION
MISI
MISSION
Perseroan berupaya:
1. Menghasilkan produk bermutu tinggi dan inovatif untuk
para pelanggan.
2. Menciptakan keuntungan bagi para mitra bisnis melalui
operasional yang bertaraf internasional.
3. Merekrut, mengembangkan dan memberikan penghargaan
kepada para pekerja professional yang berprestasi di
lingkungan kerja.
4. Secara aktif memberikan kontribusi bagi kesejahteraan
masyarakat.
Nilai-nilai Perusahaan
Corporate values
Berorientasi Prestasi
Achievement Orientation
Inovasi
Innovation
Benefit to Society
35
sekilas perusahaan
company at a glance
Tonggak sejarah
Milestones
2001
Penggabungan
usaha (merger).
16 April 1986
Perubahan
nama
PT Betara Darma
Ekspor Impor menjadi
PT Betara Darma.
27 Desember 1996
Penawaran Umum
Perdana Saham ("IPO").
December 27, 1996
Initial Public Offering
("IPO").
1997 - 2
0 00
1993
1986
1985
6 September 1985
Perseroan didirikan
dengan
nama
PT Betara Darma
Ekspor Impor.
September 6, 1985
The
Company
was
established
under the name of
PT Betara Darma
Ekspor Impor.
36
30 Desember
1993
Perubahan nama
menjadi PT Sierad
Produce.
December 30,
1986
Change of name
to PT Sierad
Produce.
1996
1997-2000
Restrukturisasi
keuangan.
1997-2000
Financial
restructuring.
2001
Merger.
2001
Oktober 2004
Penggabungan saham
(Reverse Stock).
Desember 2009
Kuasi Reorganisasi.
October 2004
Reverse Stock.
December 2009
Quasi Reorganization.
2004
2015
2005
2009
2001
Oktober 2001
Hutang terhadap
Ekuitas/CB/Jadwal
Sewa
Utang
Keuangan.
October 2001
Debt to Equity
Ratio/CB/Financial
Lease Schedule.
Mei 2005
Utang terhadap Ekuitas.
May 2005
Debt to Equity Ratio.
2015
- Penambahan
Modal
tanpa
HMETD
dan
Penggabungan
Saham
(Reverse Stock).
- PT Great Giant Pineapple
sebagai pemegang saham
pengendali dengan total
kepemilikan sebesar 50,11%.
2015
- Non-Preemptive Rights
and Reverse Stock.
- PT Great Giant Pineapple
as controlling shareholders
with total ownership of
50.11%.
37
sekilas perusahaan
company at a glance
struktur organisasi
Organizational Structure
Dewan Komisaris
Board of Commissioners
audit
committee
Chief Executive officer
Eko Putro Sandjojo
Yenni Wijaya
head of
human capital
development
Yunus Triyonggo
Head of material
Procurement &
General Purchasing
Wayan Sumantra
head of
business
supports
F.X. Awi Tantra
Head of FEED
strategic
business unit
Tan Eng Kiong
Human resources
business partner
(HRBP) poultry
Setyanto
GM general
purchasing
Ringgawati Halim
Corporate Secretary/
head of corporate
finance
F.X. Awi Tantra
head of feedmill
operation
Robby A. Singgih
Chief financial
officer
Sri Sumiyarsi
Head of farming
strategic
business unit
Sik Wei Tjien
Head of
financial
controller
Endang Susilowati
Head of
Breeding
M. Gufron
Head of
treasury
Simaman Ajuwina
Head of
Hatchery
M. Aghus Hidayat
Head of IT &
System
Procedure
Didin Paridudin
Head of
Commercial
Farm
Mulyono
Head of
Poultry
Health
Trias Heru Purnomo
38
struktur korporasi
Corporate Structure
Keluarga Angkosubroto
PT Gunung Sewu Kencana
100%
PT Sewu Agro Investama
70%
PT Great Giant Pineapple
57.27%
Publik
42.73%
PT Transpasifik Niagareksa
99.99%
PT Dwipamina Nusantara
99.98%
PT Belfoods Indonesia
99.99%
PT Sierad Corpora
(Dalam Likuidasi/In Liquidation)
Jumlah Saham
Number of Shares
537,842,717
57.27%
Masyarakat/Public (<5%)
401,268,183
42.73%
Total
939,110,900
100.00%
39
sekilasperusahaan
perusahaan
sekilas
companyatat
company
a glance
a glance
kegiatan
usaha
Business Activities
Komitmen
Perseroan
untuk selalu menyediakan
produk-produk
yang
berkualitas dalam rangka
menunjang pertumbuhan
masyarakat
Indonesia
secara berkesinambungan.
The
Company
has
committed to constantly
provide products with
certain quality in order to
bolster sustainable growth
of Indonesian people.
40
Sejak
didirikan,
Perseroan
telah
melakukan diversifikasi usaha dibidang
peternakan,
termasuk
mendirikan
rumah pemotongan ternak dan kamar
pendingin (cold storage) sesuai dengan
Akta No. 15 tanggal 11 Desember 1990.
Pakan Ternak
Feedmill
41
sekilasperusahaan
perusahaan
sekilas
companyatat
company
a glance
a glance
DOC Broiler
DOC layer (male) or often called the male chicken is a dayold-chick which is cultivated to produce chicken meat. The
Companys breedings are located in West Java and East Java.
42
Slaughterhouse
Makanan Olahan
Further-processed Food
43
Banjarmasin
Jonggol
Parakan Lima
Tangerang
Lamongan
Mojokerto
Jabon
Bogor
Cianjur
Balaraja
Sukabumi
sekilas perusahaan
company at a glance
Sidoarjo
Pakan Ternak
Feedmill
44
Peternakan Ayam
Induk
Breeding Farm
Penetasan Telur
Hatchery
Peternakan
Komersial
Commercial Farm
Peternakan Ayam
Petelur
Layer Farm
Rumah Potong
Ayam
Slaughterhouse
Pabrik Pengolahan
Makanan
Food-Processing
Factory
1. PT Transpasifik Niagareksa
Bergerak di bidang jasa perdagangan, Perseroan menguasai
99,99% kepemilikan saham atas PT Transpasifik Niagareksa
yang berlokasi di Jakarta dengan alamat di Gedung Plaza
City View, Jl. Kemang Timur No. 22, Jakarta 12510. Namun,
status anak usaha ini sedang tidak beroperasi.
1. PT Transpasifik Niagareksa
Engaged in trading service, the Company possesses
99.99% share ownership of PT Transpasifik Niagareksa
which is located in Jakarta, Plaza City View Building,
Jl. Kemang Timur No. 22, Jakarta 12510. However, its
status is currently not operating.
4. PT Belfoods Indonesia
Anak usaha yang telah dikonsolidasi sejak Oktober 2011
dan memiliki potensi bisnis sangat besar. Dengan pabrik
pengolahan yang berlokasi di Bogordengan alamat Perum
Citra Indah Kav. PA 1 & 2, Jl. Raya Jonggol Km. 23.3,
Jonggol - Bogor 16830, PT Belfoods Indonesia bergerak
pada bidang industri pengolahan makanan beku yang
pasarnya potensial. Kepemilikan saham Perseroan di
PT Belfoods Indonesia adalah sebesar 100%.
4. PT Belfoods Indonesia
The subsidiary has been consolidated in October 2011
and has a great business potential. With a processing
factory located in Bogor, Perum Citra Indah Kav. PA 1
& 2, Jl. Raya Jonggol Km. 23.3, Jonggol - Bogor 16830,
PT Belfoods Indonesia engages in frozen processed food
with a potential market. The Company held 100% of share
ownership in PT Belfoods Indonesia.
45
sekilas perusahaan
company at a glance
46
Setiawan Achmad
Komisaris
Commissioner
47
sekilas perusahaan
company at a glance
PROFIL DIreksi
Board of Directors Profile
Sri Sumiyarsi
Direktur
Director
48
Wayan Sumantra
Direktur
Director
49
50
51
tinjauan
umum
General Review
52
kegiatan usaha
Business Activities
Keterangan
Description
(dalam miliar/in billion Rp)
Penjualan Bersih
Net Sales
Beban Pokok Penjualan
Cost of Goods Sold
(Rugi) Laba Kotor
(Loss) Gross Profit
Pakan Ternak
Feedmill
Ayam Potong
Dressed Chicken
Lain-lain
Others
2015
2014
2015
2014
2015
2014
2015
2014
1,097
1,462
478
567
139
90
399
386
1,042
1,191
496
606
124
73
267
257
55
271
(18)
(39)
15
16
132
130
Pakan Ternak
Penjualan bersih tahun 2015 turun sebesar Rp365 miliar atau
25% menjadi Rp1.097 miliar dari tahun sebelumnya sebesar
Rp1.462 miliar. Penurunan ini disebabkan karena turunnya
volume penjualan pakan ternak sebesar 28% dibandingkan
tahun 2014. Beban pokok penjualan turun sebesar Rp150
miliar atau 13% sehingga laba kotor dari usaha pakan ternak
menurun sebesar Rp216 miliar atau 80%.
Feedmill
2015 net sales decreased Rp365 billion or 25% to Rp1,097
billion from the previous year of Rp1,462 billion. The decrease
was due to a lower sales volume of feed by 28% compared to
2014. Cost of Goods Sold decreased by Rp150 billion or 13%
thus, gross profit from the feedmill decreased by Rp216 billion
or 80%.
Ayam Potong
Penjualan bersih rumah potong ayam tahun 2015 meningkat
sebesar Rp50 miliar atau 56% menjadi Rp139 miliar karena
adanya peningkatan volume penjualan sebesar 65%. Beban
pokok penjualan meningkat sebesar Rp51 miliar atau 69%
sehingga laba kotor 2015 lebih rendah sebesar Rp1 miliar atau
5% dari tahun 2014.
Broilers
The net sales of chicken slaughterhouse in 2015 increased by
Rp50 billion or 56% to Rp139 billion due to an increase in sales
volume of 65%. Cost of Goods Sold increased by Rp51 billion
or 69% thus, gross profit 2015 was lower by Rp1 billion or 5%
from 2014.
53
Tinjauan Operasi Per Segmen Usaha Review of Operations Per Segment Business
Lain-Lain
Segmen usaha lain-lain terdiri dari usaha makanan olahan, gerai
ritel produk makanan, serta penjualan lain-lain. Penjualan bersih
lain-lain tahun 2015 meningkat sebesar Rp13 miliar atau 3%
dari tahun 2014. Demikian pula halnya dengan beban pokok
penjualan terjadi peningkatan sebesar Rp10 miliar atau 4%.
Others
Other business segments consists of processed food
businesses, retail outlets food products, as well as other sales.
In 2015, other net sales increased by Rp13 billion or 3% from
2014. Likewise the cost of goods sold increased by Rp10 billion
or 4%.
Laba kotor dari usaha ini naik sebesar Rp3 miliar atau 2% dari
usaha makanan olahan.
Profitabilitas Usaha
Business Profitability
2015
2014*
(443,589,482,182)
26,570,389,367
(362,030,918,107)
3,575,817,538
(355,915,415,181)
4,911,808,710
TINJAUAN Keuangan
Financial Review
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
2015
2014*
2,113,148,210,101
2,505,575,102,503
1,928,946,147,173
2,127,570,139,929
184,202,062,928
378,004,962,574
473,479,499,028
379,208,164,550
(289,277,436,100)
(1,203,201,976)
(154,312,046,082)
27,773,591,343
(443,589,482,182)
26,570,389,367
81,558,564,075
(22,994,571,829)
(Rugi) Laba Usaha Tahun Berjalan (Loss) Profit For The Year
(362,030,918,107)
3,575,817,538
(355,915,415,181)
4,911,808,710
(295.13)
0.32
54
Penjualan Bersih
Penjualan bersih konsolidasian tahun 2015 sebesar Rp2.113 miliar,
menurun sebesar Rp393 miliar atau 16% dari penjualan bersih
konsolidasian tahun 2014 yang mencapai sebesar Rp2.506 miliar.
Penjualan bersih usaha pakan ternak turun sebesar Rp365 miliar
atau 25%, sedangkan usaha peternakan ayam turun sebesar
Rp89 miliar atau 16% dibandingkan tahun 2014. Penurunan
penjualan ini terutama dari turunnya volume penjualan pakan
ternak dan anak ayam umur sehari.
Net Sales
Consolidated net sales in 2015 amounted to Rp2,113 billion,
decreased by Rp393 billion or 16% from 2014 consolidated
net sales to reach Rp2,506 billion. Feedmill business net sales
decreased by Rp365 billion, or 25%, while poultry business
stepping down Rp89 billion or 16% compared to 2014. The
decline in sales was due to lower sales volume of feed and
DOC (Day Old Chicks).
Laba Kotor
Laba kotor konsolidasian tahun 2015 mencapai sebesar Rp184
miliar dengan proporsi laba kotor terhadap penjualan bersih
konsolidasian sebesar 9%, menurun sebesar Rp194 miliar dari
laba kotor konsolidasian tahun 2014 yang mencapai sebesar
Rp378 miliar dengan proporsi laba kotor konsolidasian terhadap
penjualan bersih konsolidasian sebesar 15%.
Gross Profit
The consolidated gross profit in 2015 reached Rp184 billion,
with the proportion of gross profit to consolidated net
sales amounted to 9%, a decrease of Rp194 billion of the
consolidated gross profit in 2014 which reached Rp378
billion, with the proportion of gross income consolidated on
consolidated net sales amounted to 15%.
Beban Usaha
Beban usaha konsolidasian tahun 2015 adalah sebesar Rp473
miliar, meningkat sebesar Rp94 miliar atau 25% dibandingkan
tahun 2014 sebesar Rp379 miliar. Peningkatan ini disebabkan
oleh meningkatnya beban penjualan 29% dan beban umum
dan administrasi 22%.
Operating Expenses
The consolidated operating expenses in 2015 was Rp473
billion, an increase of Rp94 billion or 25% compared to 2014
amounting to Rp379 billion. This increase was due to an
increase in consolidated selling expenses of 29% and general
and administrative expenses of 22%.
Rugi Usaha
Rugi usaha konsolidasian tahun 2015 adalah sebesar Rp289
miliar, meningkat sebesar Rp288 miliar dari rugi usaha
konsolidasian tahun 2014 sebesar Rp1 miliar. Peningkatan ini
terutama disebabkan oleh penurunan laba kotor di tahun 2015.
Operating Loss
The consolidated operating loss in 2015 was Rp289 billion, a
increase of Rp288 billion of the consolidated operating loss in
2014 amounted to Rp1 billion. This increase was primarily due
to a decrease in gross profit in 2015.
55
2015
2014*
99,384,366,148
195,815,449,838
251,852,212,190
432,110,287,781
Persediaan Inventories
373,941,409,810
557,327,627,156
85,306,837,552
99,608,585,713
13,655,445,491
27,543,381,807
154,168,908
159,281,251
320,868,488,959
408,014,456,900
1,145,162,929,058
1,720,579,070,446
55,636,525
107,424,522,357.00
27,529,820,790.00
866,102,467,013
913,875,523,360
58,628,142,885
63,408,619,034
Goodwill Goodwill
10,890,455,260
10,890,455,260
19,096,551,562
42,099,674,450
39,465,098,764
21,165,821,679
1,101,607,237,841
1,079,025,551,098
2,246,770,166,899
2,799,604,621,544
Aset
Berdasarkan laporan keuangan Perseroan yang telah diaudit,
Aset Lancar, Aset Tidak Lancar dan total Aset Perseroan
periode 31 Desember 2014 dan 2015 adalah sebagai berikut:
Assets
Based on the Companys financial statements were audited,
Current Assets, Non-Current Assets and Total Assets of the
Company for the period of December 31, 2014 and 2015 are
as follows:
56
Liabilitas
Selama tahun 2015 Perseroan membukukan liabilitas sebagai
berikut:
Liabilities
During 2015, the Company recorded liability as follows:
2015
2014*
1,046,536,150,971
1,203,289,509,986
465,991,737,634
306,127,613,628
1,512,527,888,605
1,509,417,123,614
Ekuitas
Selama tahun 2015, ekuitas Perseroan dari laporan keuangan
yang telah di audit adalah sebagai berikut:
Equity
Throughout 2015, the Companys equity from audited financial
statements were as follow:
2015
2014*
734,242,277,294
1,270,990,749,322
1,000
19,196,748,608
734,242,278,294
1,290,187,497,930
2015
2014*
205.597.582.102
(26.515.915.109)
(253.673.948.996)
320.333.904.970
(48.354.716.796)
(174.235.209.943)
(96.431.083.690)
119.582.779.918
57
RASIO KEUANGAN
FINANCIAL RATIO
Profitabilitas
Profitability
Uraian
Description
2015
2014
-16%
0.18%
-48%
0.38%
Likuiditas
Liquidity
Solvabilitas
Solvency
Uraian
Description
2015
2.06
1.17
0.67
0.54
2014
58
KOLEKTIBILITAS PIUTANG
RECEIVABLES COLLECTABILITY
Uraian
Description
2015
2014*
3,842,093,165,000
3,842,092,971,055
1,152,628,065,000
1,152,627,869,455
756,839
756,839
(190,528,934,045)
(3,552,596,648)
(9,668,099,574)
(229,740,971,998)
122,697,467,229
5,435,958,146
5,332,755,373
137,725,904,255
124,454,405,064
(362,030,918,107)
3,575,817,538
734,242,277,294
1,270,990,749,322
59
kebijakan dividen
Dividend Policy
60
Pemegang Saham
PT Great Giant Pineapple
Masyarakat (masing-masing dengan
kepemilikan kurang dari 5%)
Jumlah
Jumlah (%)
Total (%)
1.118.170.450
83,50
220.932.129
16,50
1.339.102.579
100,00
Total
Shareholders
61
In 2015, sales target and net profit can not be achieved due
to the impact of the global and local economic conditions
weakened.
prospek usaha
Business Prospect
Perseroan berkeyakinan bahwa fokus ke depan tidak lagi
dititikberatkan di sektor hulu mengingat perkembangan industri
perunggasan seiring pertumbuhan ekonomi di Indonesia.
Dalam rangka melakukan optimalisasi kinerja dan integrasi
usaha, Perseroan mulai menerapkan bisnis model yang baru
dimana commercial farm dan pengolahan makanan secara
bertahap diubah. Khusus untuk sektor pengolahan makanan,
Perseroan akan meningkatkan kapasitasnya.
62
Aspek Pemasaran
Marketing Aspect
Perseroan senantiasa berusaha menawarkan produk-produk yang
inovatif dan berkualitas kepada masyarakat. Selain itu, dengan
adanya pembangunan sektor distribusi dan logistik, kepercayaan
masyarakat terhadap produk-produk usaha Perseroan semakin
meningkat.
Pakan Ternak
Pabrik pakan ternak Perseroan memproduksi pakan ayam
pedaging, pakan ayam petelur, pakan ayam bibit, konsentrat
pakan, pakan puyuh dan beberapa jenis pakan lainnya. Pabrik
pakan dilengkapi dengan fasilitas laboratorium modern, dan
mampu memproduksi pakan dalam bentuk tepung, pellet
(butiran), crumble dan expander sesuai kebutuhan pasar.
Feedmill
The Companys feedmills produce the feed for broilers, layers,
breeders, feed concentrates, quail feed, and some others feed
products. The feedmills are equipped with modern laboratory
facilities and are able to produce feed in the form of flour,
pellet, crumble, and expander to meet the market needs.
1. DOC Broiler
DOC broilers (day-old-chicks) were cultivated by the
Company to produce chicken meat. Hatching egg produced
by breeding farm hatched in modern hatchery facilities which
are located in West Java and East Java. The Broilers are
cultivated for approximately 35 days before it is harvested
with an averaged weight of 1.3 kg 2 kg of chicken.
63
Ayam Potong
Perseroan memiliki dua fasilitas pemotongan ayam, yakni
di daerah ParungJawa Barat, dan MojokertoJawa Timur.
Fasilitas pemotongan ayam di daerah Parung-Jawa Barat
merupakan fasilitas pemotongan ayam terbesar di Indonesia,
dengan kapasitas sebesar 100.000 ekor ayam per harinya.
Slaughterhouse
The Company has two chicken slaughtering facilities, namely
in the area of ParungWest Java, and MojokertoEast Java.
Chicken slaughtering facility in Parung, West Java region is the
largest chicken slaughter facility in Indonesia, with a capacity
of 100,000 chickens per day.
Makanan Olahan
Makanan olahan diproduksi Perseroan berupa daging ayam olahan
siap saji seperti chicken nugget, sosis, kornet, dan bakso yang
dihasilkan dari fasilitas produksi yang berada di JonggolJawa Barat.
Processed foods
The Companys production of processed food such as chicken
nuggets, sausages, corned, and meatball resulted from the
production facility located in JonggolWest Java.
64
65
66
67
sumber daya
manusia
Human Resources
Sumber Daya Manusia merupakan aset utama Perseroan dalam
menjalankan kegiatan bisnis serta merealisasikan visi dan misi
Perseroan. Keberhasilan bisnis Perseroan tidak lepas dari
peran serta dan partisipasi seluruh karyawan. Dengan adanya
dukungan Sumber Daya Manusia yang andal, kompeten dan
berintegritas tinggi, maka pencapaian target dan implementasi
strategi yang tepat sasaran guna menghadapi dinamika bisnis
akan mudah dilaksanakan.
68
2015
1,864
550
2,414
2014
1,864
491
2,355
Employment Status
Permanent Employee
Contract Employee
Total
2015
2,062
352
2,414
2014
2,002
353
2,355
Gender
Male
Female
Total
2015
1,815
314
196
84
5
2,414
2014
1,758
299
201
90
7
2,355
Position
Staff/Operative
Supervisor
Manager
Senior Management
Director
Total
Jabatan
Staff/Operative
Supervisor
Manajer
Senior Manajemen
Direktur
Total
69
70
4. Sierad Academy
Sejak awal tahun 2013, Perseroan telah menetapkan suatu
program kerja sama dengan Fakultas Peternakan Institut
Pertanian Bogor ("IPB") yang dinamakan program Sierad
Academy. Hal ini didasari oleh kemajuan Perseroan dan
meningkatnya persaingan tenaga kerja di pasar sehingga
Perseroan memandang perlu adanya suatu program
strategis dan berkelanjutan dalam bidang pengembangan
keterampilan dan kompetensi para karyawan yang selama
ini telah berperan sebagai ujung tombak Perseroan.
4. Sierad Academy
Since the beginning of 2013, the Company has set up a
program of cooperation with the Faculty of Animal Science,
Bogor Agricultural University ("IPB") called Sierad Academy
program. It is based on the Companys business progress
and increasing competition in the labor market so that the
company sees the need of a strategic and sustainable
program in the development of skills and competencies of
the employees who had been acting as the spearhead of
the Company.
71
73
dasar
penerapan
Basic Implementation
Keterbukaan
Transparency
Akuntabilitas
Accountability
74
Responsibilitas
Responsibility
Independensi
Independency
75
76
c. Standar Akuntansi
c. Accounting Standard
The Company continuously follows the development
of accounting policies in Indonesia and always attempt
to do adjustment to the current accounting policies. The
Company makes sure that every financial transaction
is accurately recorded based on Indonesian Financial
Accounting Standard. Besides, the Company also ensures
that each rank of the Company is responsible for financial
functions and to understand and conduct this policy
consistently.
f. Remunerasi
f. Remuneration
77
To increase the quality of GCG implementation, the
Company is trying to complete all soft structure of GCG in
accordance with the prevailing regulation and good practice
of GCG implementation and also to review the evaluated
structure.
struktur GCG
GCG Structure
78
RUPS Tahunan
Annual GMS
4. a.
b. Mengangkat:
Bapak Eko Putro Sandjojo, B.S.E.E., M.B.A. selaku
Direktur Utama;
Bapak Wayan Sumantra selaku Direktur;
Bapak Tan Eng Kiong selaku Direktur Independen;
Bapak Setiawan Achmad selaku Komisaris;
b. To appoint:
Mr. Eko Putro Sandjojo, B.S.E.E., M.B.A. as the
President Director;
Mr. Wayan Sumantra as the Director;
Mr. Tan Eng Kiong as the Independent Director;
Mr. Setiawan Achmad as the Commissioner;
79
Dewan Komisaris
Komisaris Utama
: Bapak Antonius Joenoes
(Independen) Supit;
Komisaris
: Ibu Sri Lestari Anwar;
Komisaris
: Bapak Setiawan Achmad.
Direksi
Direktur Utama
Direktur
Direktur
Direktur
Direktur Independen
Extraordinary GMS
The first Extraordinary GMS held at Puri Ratna 2nd Floor, Grand
Sahid Jaya Hotel, Jakarta and was attended by the shareholders
and proxy of the shareholders, representing 4,880,942,150
shares or 51.974% of 9,391,108,493 issued shares of the
Company, with the following resolutions:
80
81
Dewan Komisaris
82
83
Nama Name
Antonius Joenoes Supit
Sri Lestari Anwar
Setiawan Achmad
Jabatan Position
Komisaris Utama dan Komisaris Independen
President Commissioner and Independent Commissioner
Komisaris Commissioner
Komisaris Commissioner
84
Sepanjang
tahun
2015,
Dewan
Komisaris
telah
menyelenggarakan 6 kali rapat termasuk di dalamnya rapat
bersama Direksi dengan tingkat kehadiran sebagai berikut:
Nama Name
Antonius Joenoes Supit
Sri Lestari Anwar
Setiawan Achmad*
Jabatan Position
Komisaris Utama dan Komisaris Independen
President Commissioner and Independent Commissioner
Komisaris Commissioner
Komisaris Commissioner
*Diangkat sejak tanggal 30 Juli 2015 Appointed since July 30, 2015
Direksi
Nama Name
Eko Putro Sandjojo
F.X. Awi Tantra
Sri Sumiyarsi
Wayan Sumantra
Tan Eng Kiong
Jabatan Position
Direktur Utama President Director
Direktur Director
Direktur Director
Direktur Director
Direktur Independen Independent Director
85
Nama Name
Jabatan Position
Tugas Duties
Direktur Director
Sri Sumiyarsi
Direktur Director
Wayan Sumantra
Direktur Director
Direktur Independen
Independent Director
Rapat Direksi
Nama Name
Eko Putro Sandjojo
F.X. Awi Tantra
Sri Sumiyarsi
Wayan Sumantra*
Tan Eng Kiong*
*
*
Jabatan Position
Direktur Utama President Director
Direktur Director
Direktur Director
Direktur Director
Nama Name
Jabatan Position
Dewan Komisaris Board of Commissioners
Antonius Joenoes Supit
Komisaris Utama dan Komisaris Independen
President Commissioner and Independent Commissioner
Sri Lestari Anwar
Komisaris Commissioner
Setiawan Achmad*
Komisaris Commissioner
Direksi Board of Directors
Eko Putro Sandjojo
Direktur Utama President Director
F.X. Awi Tantra
Direktur Director
Sri Sumiyarsi
Direktur Director
Wayan Sumantra*
Direktur Director
Tan Eng Kiong
Direktur Independen Independent Director
*Diangkat sejak tanggal 30 Juli 2015 Appointed since July 30, 2015
86
Hubungan Afiliasi
Affiliate Relationship
Nama
Name
Jabatan
Position
Komisaris Commissioner
Setiawan Achmad
Komisaris Commissioner
Direktur Director
Sri Sumiyarsi
Direktur Director
Wayan Sumantra
Direktur Director
Direktur Independen
Independent Director
Kebijakan Remunerasi
Remuneration Policy
Jabatan Position
Dewan Komisaris Board of Commissioners
Rp13,346,815,000
Total
Rp14,945,944,000
87
komite audit
Audit Committee
Nama Name
Antonius Joenoes Supit
Rodion Wikanto
Rustanto
Jabatan Position
Ketua Chairman
Anggota Member
Anggota Member
88
Nama Name
Antonius Joenoes Supit
Rodion Wikanto
Rustanto
Jabatan Position
Ketua/Chairman
Anggota/ Member
Anggota/ Member
* Selain dihadiri oleh Komite Audit, rapat juga dihadiri oleh Direksi Perseroan.
Ketidakhadiran dalam rapat disebabkan karena sakit atau keperluan mendesak lainnya.
* Aside from Audit Committee, the meeting was also attended by the Companys Board of Directors.
An absence to the meeting caused by illness or other urgent matters.
Rodion Wikanto
Anggota
Rodion Wikanto
Member
Rustanto
Anggota
Rustanto
Member
89
SEKRETARIS PERUSAHAAN
Corporate Secretary
90
91
audit internal
Internal Audit
Yenni Wijaya
Yenni Wijaya
92
audit eksternal
External Audit
93
Manajemen Risiko
Risk Management
Dalam menjalankan bisnisnya, Perseroan tidak luput dari berbagai
macam risiko usaha sebagaimana diuraikan di bawah ini:
Risiko terhadap fluktuasi nilai tukar mata uang ini dapat diantisipasi
dengan melakukan natural hedging dan pengelolaan cash
management yang baik, serta senantiasa memantau perubahan
nilai tukar mata uang asing terhadap nilai Rupiah beserta dengan
kondisi-kondisi yang dapat mempengaruhi hal tersebut, agar
mendapatkan nilai tukar yang terbaik dalam setiap transaksi.
94
The Company has exposure to interest rate risk, credit risk and
liquidity risk related to financing facilities in the form of bank
loan and leasing financing. The Company manages interest
expense through a combination of fixed rate loan and variable
interest rates to evaluate the market interest rate to minimize
interest rate risks.
Risiko Likuiditas
Liquidity Risk
kode etik
Code of Conduct
Pelaksanaan GCG Perseroan senantiasa dilandasi oleh integritas
yang tinggi dan menjadikan pedoman kode etik sebagai acuan
bagi organ Perseroan dan segenap karyawan. Pedoman Kode
Etik ini merupakan sekumpulan komitmen etika perilaku dalam
menjalankan bisnis di Perseroan yang dipegang teguh oleh Dewan
Komisaris, Direksi dan karyawan. Pedoman kode etik ini disusun dan
digunakan sebagai pedoman untuk mempengaruhi, membentuk,
mengatur dan melakukan tingkah laku yang konsisten berdasarkan
prinsip-prinsip berkesadaran etik (ethical sensibility), berpikir etik
(ethical reasoning), dan berperilaku etik (ethical conduct).
95
Budaya Perusahaan
Corporate Culture
96
Akses informasi
Access of Information
kebijakan whistleblowing
Whistleblowing Policy
Perseroan tengah melakukan pengkajian mendalam atas
sistem pengaduan yang akan diterapkan di lingkungan
Perseroan. Rencana implementasi Whistleblowing System
("WBS") merupakan salah satu bentuk dari upaya peningkatan
praktik terbaik GCG yang senantiasa dijaga oleh Perseroan.
Diharapkan, dengan berjalannya WBS di Perseroan akan turut
menunjang performa Perseroan.
97
98
99
TANGGUNG
JAWAB SOSIAL
PERUSAHAAN
Corporate Social Responsibility
Implementasi CSR Perseroan
mencakup beberapa aspek
seperti sosial, keagamaan,
pendidikan, lingkungan serta
tanggung jawab terhadap
pelanggan, ketenagakerjaan,
keselamatan dan kesehatan
kerja.
100
Implementasi
tanggung
jawab
sosial perusahaan (Corporate Social
Responsibility/CSR)
Perseroan
mencakup beberapa aspek seperti
sosial,
keagamaan,
pendidikan,
lingkungan serta tanggung jawab
terhadap pelanggan, ketenagakerjaan,
kesehatan dan keselamatan kerja.
Berbagai
program
CSR
terpadu
dijalankan Perseroan melalui Yayasan
Sierad Peduli, sebuah organisasi nirlaba
yang didirikan pada tahun 2003.
Selama
tahun
2015,
Perseroan
melalui Yayasan Sierad Peduli telah
mengalokasikan
dana
sebesar
Rp102.091.289,00 untuk melaksanakan
kegiatan CSR.
101
Corporate Responsibility to
Consumers/Customers
102
Responsibilities to Employment,
Occupational Health and Safety
103
pernyataan
Declaration
Dewan Komisaris
Board of Commissioners
Setiawan Achmad
Komisaris
Commissioner
Komisaris
Commissioner
Direksi
Board of Directors
Wayan Sumantra
Direktur
Director
104
Sri Sumiyarsi
Direktur
Director
Direktur Independen
Independent Director
106
laporan keuangan
Financial Report
107
2015