PT Sentra Usahatama Jaya

(Entitas Induk/Parent Company)

Laporan Keuangan/
Financial Statements

Untuk Tahun-tahun yang Berakhir 31 Desember 2020 dan 2019/

For the Years Ended December 31, 2020 and 2019
PT SENTRA USAHATAMA JAYA
(Entitas Induk)
DAFTAR ISI/TABLE OF CONTENTS

Halaman/
Page

LAPORAN KEUANGAN – Untuk Tahun-tahun yang Berakhir 31 Desember 2020 dan 2019/
FINANCIAL STATEMENTS – For the Years Ended December 31, 2020 and 2019

Laporan Posisi Keuangan/Statements of Financial Position 1

Laporan Laba Rugi dan Penghasilan Komprehensif Lain/Statements of Profit or Loss and
Other Comprehensive Income 3

Laporan Perubahan Ekuitas/Statements of Changes in Equity 4

Laporan Arus Kas/Statements of Cash Flows 5

Catatan atas Laporan Keuangan/Notes to Financial Statements 6

PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Laporan Posisi Keuangan *) Statements of Financial Position *)
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Presented in Rupiah, unless Otherwise Stated)

Catatan/
2020 Notes 2019

ASET ASSETS

Aset Lancar Current Assets

Kas 1.246.368.036.431 2 852.367.719.103 Cash

Piutang usaha - setelah dikurangi cadangan

kerugian penurunan nilai masing-masing Trade accounts receivable - net of allowance
sebesar Rp 13.049.368.032 dan for impairment of Rp 13,049,368,032 and
Rp 7.975.861.815 pada tanggal Rp 7,975,861,815 as of December 31,
31 Desember 2020 dan 2019 3 2020 and 2019, respectively

Pihak berelasi 645.104.932 11.025.064.422 Related parties

Pihak ketiga 373.269.893.063 610.646.514.414 Third parties

Piutang lain-lain 59.672.871.807 4 12.639.857.828 Other accounts receivable

Persediaan 467.866.984.051 5 240.160.384.824 Inventories

Uang muka 108.023.137.006 6 84.242.355.238 Advances

Pajak dibayar dimuka 8.185.931.549 7 - Prepaid taxes

Biaya dibayar dimuka 7.783.003.312 8 8.196.460.212 Prepaid expenses

Jumlah Aset Lancar 2.271.814.962.151 1.819.278.356.041 Total Current Assets

Aset Tidak Lancar Noncurrent Assets

Aset pajak tangguhan 17.607.871.375 25 18.349.025.525 Deferred tax assets

Investasi dalam saham 3.600.000.000 9 128.000.000 Investments in share

Aset tetap - setelah dikurangi Property, plant and equipment - net of

akumulasi penyusutan masing-masing accumulated depreciation of
sebesar Rp 1.265.130.985.956 dan Rp 1,265,130,985,956 and
Rp 1.352.872.214.732 pada tanggal Rp 1,352,872,214,732 as of
31 Desember 2019 dan 2018 725.603.341.508 10 753.859.532.191 December 31, 2019 and 2018, respectively

Setoran jaminan 82.276.703.514 11 1.475.255.997 Security deposits

Aset lain-lain 59.156.921.489 12 70.463.624.051 Other assets

Jumlah Aset Tidak Lancar 888.244.837.886 844.275.437.764 Total Noncurrent Assets

JUMLAH ASET 3.160.059.800.037 2.663.553.793.805 TOTAL ASSETS

*) Investasi saham pada entitas anak dicatat pada biaya perolehan. *) Investment in shares of subsidiary are carried at cost.

-1-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Laporan Posisi Keuangan *) Statements of Financial Position *)
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Presented in Rupiah, unless Otherwise Stated)

Catatan/
2020 Notes 2019

LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY

LIABILITAS LIABILITIES

Liabilitas Jangka Pendek Current Liabilities

Utang bank jangka pendek 1.123.037.471.574 13 720.388.969.871 Short-term bank loans

Utang usaha 186.608.812.537 14 147.168.073.257 Trade accounts payable

Utang lain-lain 303.560.094 255.501.952 Other accounts payable

Utang pajak 9.446.988.591 15 44.237.799.709 Taxes payable

Uang muka penjualan 13.098.896.061 16 106.071.380.784 Advances received

Beban akrual 27.803.979.540 17 17.208.403.314 Accrued expenses

Utang pihak berelasi non-usaha 8.379.205.941 - Due to related parties

Bagian liabilitas jangka panjang yang akan

jatuh tempo dalam waktu satu tahun: Current portion of long-term liabilities:
Liabilitas sewa 976.437.007 18 - Lease liabilities
Liabilities for purchases of property, plant
Pinjaman pembelian aset tetap 99.871.235 341.452.688 and equipment

Jumlah Liabilitas Jangka Pendek 1.369.755.222.580 1.035.671.581.575 Total Current Liabilities

Liabilitas Jangka Panjang Noncurrent Liabilities

Liabilitas imbalan kerja jangka panjang 66.986.410.945 23 65.420.240.285 Long-term employee benefits liability

Liabilitas jangka panjang - setelah dikurangi bagian

yang akan jatuh tempo dalam waktu satu tahun: Long-term liabilities - net of current portion:
Liabilitas sewa 701.187.809 - Lease liabilities

Liabilities for purchases of property, plant

Pinjaman pembelian aset tetap - 107.249.196 and equipment

Jumlah Liabilitas Jangka Panjang 67.687.598.754 65.527.489.481 Total Noncurrent Liabilities

Jumlah Liabilitas 1.437.442.821.334 1.101.199.071.056 Total Liabilities

EKUITAS EQUITY

Modal saham - nilai nominal Rp 1.000.000 Capital stock - Rp 1,000,000 (in full Rupiah)
(dalam Rupiah penuh) per saham par value per share
Modal dasar - 300.000 saham Authorized - 300,000 shares
Modal ditempatkan dan disetor
penuh - 150.000 saham 150.000.000.000 19 150.000.000.000 Issued and paid-up - 150,000 shares
Tambahan modal disetor 28.223.132.000 28.223.132.000 Additional paid-in capital
Selisih nilai transaksi dengan kepentingan Difference in value arising from transactions
Selisih penjabaran 382.562.813.291 382.562.813.291 Transalation adjustment
Revaluation increment in value of property,
Selisih revaluasi aset tetap - bersih 111.456.312.547 111.456.312.547 plant and equipment - net
Saldo laba 1.050.374.720.865 890.112.464.911 Retained earnings

Jumlah Ekuitas 1.722.616.978.703 1.562.354.722.749 Total Equity

JUMLAH LIABILITAS DAN EKUITAS 3.160.059.800.037 2.663.553.793.805 TOTAL LIABILITIES AND EQUITY

*) Investasi saham pada entitas anak dicatat pada biaya perolehan. *) Investment in shares of subsidiary are carried at cost.

-2-
PT SENTRA USAHATAMA JAYA
(Entitas Induk)
Laporan Laba Rugi dan Penghasilan Komprehensif Lain *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2020 dan 2019
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)
PT SENTRA USAHATAMA JAYA
(Parent Company)
Statements of Profit or Loss and Other Comprehensive Income *)
For the Years Ended December 31, 2020 and 2019
(Figures are Presented in Rupiah, unless Otherwise Stated)

Catatan/
2020 Notes 2019

PENDAPATAN USAHA 4.034.107.239.340 20 3.393.672.625.522 NET SALES

BEBAN POKOK PENJUALAN 3.476.775.886.088 21 3.024.338.978.085 COST OF GOODS SOLD

LABA KOTOR 557.331.353.252 369.333.647.437 GROSS PROFIT

BEBAN USAHA 22 OPERATING EXPENSES

Penjualan 114.534.253.343 113.095.868.072 Selling
Umum dan administrasi 165.329.248.335 166.288.989.639 General and administrative

Jumlah Beban Usaha 279.863.501.678 279.384.857.711 Total Operating Expenses

LABA USAHA 277.467.851.574 89.948.789.726 PROFIT FROM OPERATIONS

PENGHASILAN (BEBAN) LAIN-LAIN OTHER INCOME (EXPENSES)

Pendapatan bunga 34.213.441.755 22.533.406.066 Interest income
Beban dan denda pajak - Tax penalty and expense
Laba (rugi) selisih kurs mata uang asing - bersih (10.555.007.367) 23.466.142.756 Gain (loss) on foreign exchange - net
Beban bunga dan beban keuangan Interest expense and other financial
lainnya (25.644.628.115) 24 (21.655.628.336) charges
Gain on sale of property, plant and
Laba penjualan aset tetap 190.909.091 10 2.500.000 equipment
Lain-lain - bersih 33.651.893.254 33.681.778.127 Others - net

Penghasilan (Beban) Lain-lain - Bersih 31.856.608.618 58.028.198.613 Other Income (Expenses) - Net

LABA SEBELUM PAJAK 309.324.460.192 147.976.988.339 PROFIT BEFORE TAX

BEBAN (PENGHASILAN) PAJAK 25 TAX EXPENSE (BENEFIT)

Pajak kini 67.287.406.120 38.882.704.750 Current tax
Pajak tangguhan 780.207.209 (3.240.297.982) Deferred tax

Beban Pajak - Bersih 68.067.613.329 35.642.406.768 Tax Expense - Net

LABA TAHUN BERJALAN 241.256.846.863 112.334.581.571 PROFIT FOR THE YEAR

PENGHASILAN (RUGI) KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME (LOSS)

Pos yang tidak akan direklasifikasi ke laba rugi: Items that will be not be reclassified
subsequently to profit and loss:
Pengukuran kembali liabilitas imbalan pasti (1.033.643.968) 23 (6.278.287.132) Remeasurement of defined benefit liability
Pajak sehubungan dengan pos yang tidak Tax relating to items that will not to be
akan direklasifikasi 39.053.059 25 1.569.571.783 reclassified

PENGHASILAN (RUGI) KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME (LOSS) -

SETELAH PAJAK (994.590.909) (4.708.715.349) NET OF TAX

JUMLAH PENGHASILAN KOMPREHENSIF 240.262.255.954 107.625.866.222 TOTAL COMPREHENSIVE INCOME

*) Investasi saham pada entitas anak dicatat pada biaya perolehan. *) Investment in shares of subsidiary are carried at cost.

-3-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Laporan Perubahan Ekuitas *) Statements of Changes in Equity *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2020 dan 2019 For the Years Ended December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Presented in rupiah, unless Otherwise Stated)

Selisih
Selisih Kurs Revaluasi
Penjabaran Aset Tetap/
Tambahan Laporan Keuangan/ Revaluation
Modal Disetor/ Exchange Differences Increment in Saldo Laba/
Modal Saham/ Additional on Translation of Value of Property, Retained Jumlah Ekuitas/
Capital Stock Paid-in Capital Financial Statements Plant and Equipment Earnings Total Equity

Saldo pada tanggal 1 Januari 2019 150.000.000.000 28.223.132.000 382.562.813.291 111.456.312.547 937.486.598.689 1.609.728.856.527 Balance as at January 1, 2019

Penghasilan komprehensif Comprehensive income:

Laba tahun berjalan - - - - 112.334.581.571 112.334.581.571 Profit for the year

Rugi komprehensif lain: Other comprehensive loss

Pengukuran kembali liabilitas Remeasurement of defined
imbalan kerja jangka panjang - bersih - - - - (4.708.715.349) (4.708.715.349) benefit liability - net
Exchange difference on translating of
Selisih kurs penjabaran laporan keuangan - - - - - 0 financial statements

Jumlah penghasilan komprehensif - - - - 107.625.866.222 107.625.866.222 Total comprehensive income

Transaksi dengan Pemilik Transaction with Owners

Dividen tunai - - - - (155.000.000.000) (155.000.000.000) Cash dividends

Saldo pada tanggal 31 Desember 2019 150.000.000.000 28.223.132.000 382.562.813.291 111.456.312.547 890.112.464.911 1.562.354.722.749 Balance as of December 31, 2019

Penghasilan komprehensif Comprehensive income:

Laba tahun berjalan - - - - 241.256.846.863 241.256.846.863 Profit for the year

Rugi komprehensif lain: Other comprehensive loss

Pengukuran kembali liabilitas Remeasurement of defined
imbalan kerja jangka panjang - bersih - - - - (994.590.909) (994.590.909) benefit liability - net

Jumlah penghasilan komprehensif - - - - 240.262.255.954 240.262.255.954 Total comprehensive income

Transaksi dengan Pemilik Transaction with Owners

Dividen tunai - - - - (80.000.000.000) (80.000.000.000) Cash dividends

Saldo pada tanggal 31 Desember 2020 150.000.000.000 28.223.132.000 382.562.813.291 111.456.312.547 1.050.374.720.865 1.722.616.978.703 Balance as of December 31, 2020

*) Investasi saham pada entitas anak dicatat pada biaya perolehan. *) Investment in shares of subsidiary are carried at cost.

-4-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Laporan Arus Kas *) Statements of Cash Flows *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2020 dan 2019 For the Years Ended December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Presented in rupiah, unless Otherwise Stated)

2020 2019

ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Laba sebelum pajak 309.324.460.192 147.976.988.339 Profit before tax
Penyesuaian untuk: Adjustments for:
Cadangan kerugian penurunan nilai 5.073.506.217 2.977.500.000 Provision for impairment
Penyusutan 92.738.062.124 104.897.180.097 Depreciation
Imbalan kerja jangka panjang 10.904.346.835 10.590.317.065 Long-term employee benefits
Kerugian (keuntungan) selisih kurs bersih yang
belum direalisasi 11.372.313.424 (13.557.294.139) Net unrealized foreign exchange loss (gain)
Laba penjualan aset tetap (190.909.091) (2.500.000) Gain on sale of property, plant and equipment
Beban bunga 25.644.628.115 21.655.628.336 Interest expense
Pendapatan bunga (34.213.441.755) (22.533.406.066) Interest income
Laba operasi sebelum perubahan dalam aset dan Net operating profit before changes in operating
liabilitas operasi 420.652.966.061 252.004.413.632 assets and liabilities
Penurunan (kenaikan) pada: Decrease (increase) in:
Piutang usaha 242.564.190.972 44.884.183.689 Trade accounts receivable
Piutang lain-lain (47.033.013.979) 202.844.649.824 Other accounts receivable
Persediaan (227.706.599.227) 592.093.607.294 Inventories
Uang muka (35.955.062.868) 11.833.048.595 Advances
Pajak dibayar dimuka (8.185.931.549) - Prepaid taxes
Biaya dibayar dimuka 413.456.900 1.953.028.740 Prepaid expenses
Setoran jaminan (80.801.447.517) 43.730.319.759 Security deposits
Aset lain-lain 11.886.874.686 59.262.227.748 Other assets
Kenaikan (penurunan) pada: Increase (decrease) in:
Utang usaha 38.746.650.612 5.719.067.668 Trade accounts payable
Utang lain-lain 48.058.142 109.816.370 Other accounts payable
Utang pajak (37.516.374.533) 59.456.083.554 Taxes payable
Uang muka penjualan (92.972.484.723) 105.331.178.463 Advances received
Beban akrual 14.422.282.145 2.447.771.860 Accrued expenses
Liabilitas keuangan derivatif - (903.686.805) Derivative financial liabilities
Kas diperoleh dari operasi 198.563.565.122 1.380.765.710.391 Net cash generated from operations
Penerimaan bunga 34.213.441.755 22.533.406.066 Interest received
Pembayaran bunga (29.471.334.034) (19.701.732.764) Interest paid
Pembayaran pajak penghasilan (64.561.842.705) (57.325.281.199) Income tax paid
Pembayaran imbalan kerja jangka panjang (1.992.614.202) (606.543.024) Long-term employee benefits paid

Kas Bersih Diperoleh dari aktivitas operasi 136.751.215.936 1.325.665.559.470 Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Investasi saham (3.472.000.000) - Investment in shares
Penjualan aset tetap 190.909.091 2.500.000 Proceeds from sale of property, plant and equipment
Penambahan aset tetap (49.749.747.854) (61.183.319.366) Acquisitions of property, plant and equipment

Kas Bersih Digunakan untuk Aktivitas Investasi (53.030.838.763) (61.180.819.366) Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Pembayaran bersih atas utang bank jangka pendek 386.406.059.647 (495.662.314.684) Net payments of short-term bank loans
Pembayaran bersih atas utang bank jangka panjang - (642.840.552) Net payments of long-term bank loans
Payments of liabilities for purchases of property, plant
Pembayaran pinjaman pembelian aset tetap (348.830.649) (351.865.720) and equipment
Pembayaran dividen (80.000.000.000) (155.000.000.000) Payment of dividends
Pembayaran liabilitas sewa (880.217.671) - Payment of lease liabilities

Kas Bersih Digunakan untuk aktivitas pendanaan 305.177.011.327 (651.657.020.956) Net Cash Used in Financing Activities

KENAIKAN (PENURUNAN) BERSIH KAS 388.897.388.500 612.827.719.148 NET INCREASE (DECREASE) IN CASH

KAS AWAL TAHUN 852.367.719.103 254.048.327.015 CASH AT THE BEGINNING OF THE YEAR
Pengaruh perubahan kurs mata uang asing 5.102.928.828 (14.508.327.060) Effect of foreign exchange rate changes

KAS AKHIR TAHUN 1.246.368.036.431 852.367.719.103 CASH AT THE END OF THE YEAR

*) Investasi saham pada entitas anak dicatat pada biaya perolehan. *) Investment in shares of subsidiary are carried at cost.

-5-
PT SENTRA USAHATAMA JAYA
(Entitas Induk)
Catatan atas Laporan Keuangan
Untuk Tahun-tahun yang Berakhir
31 Desember 2020 dan 2019
(Angka-angka Disajikan dalam Rupiah,
kecuali Dinyatakan Lain)
1. Umum
a. Pendirian dan Informasi Umum
PT Sentra Usahatama Jaya (Perusahaan)
didirikan berdasarkan Akta No. 49 tanggal
18 September 1998 dari Winanto
Wiryomartani, S.H., notaris di Jakarta. Akta
pendirian ini disahkan oleh Menteri
Kehakiman dan Hak Asasi Manusia Republik
Indonesia dalam Surat Keputusan
No. C-3194 HT.01.01-TH.99 tanggal
24 Februari 1999 serta diumumkan dalam
Berita Negara Republik Indonesia No. 54
tanggal 6 Juli 2004, Tambahan No. 6482.
Perusahaan mengubah status dari
Penanaman Modal Dalam Negeri menjadi
Penanaman Modal Asing dan perubahan ini
telah mendapat persetujuan dari Ketua
Badan Koordinasi Penanaman Modal
(BKPM) dengan Surat Keputusan
No. 60/V/PMA/2003 tanggal 31 Juli 2003.
Anggaran Dasar Perusahaan terakhir diubah
dengan Akta No. 22 tanggal 24 Maret 2008
dari Veronica Nataadmadja, S.H., notaris di
Jakarta, antara lain mengenai penyesuaian
Anggaran Dasar terhadap Undang-Undang
No. 40 tahun 2007 tentang Perseroan
Terbatas dan perubahan susunan pengurus.
Perubahan tersebut telah disahkan oleh
Menteri Hukum dan Hak Asasi Manusia
Republik Indonesia dalam Surat Keputusan
No. AHU-19950.AH.01.02.Tahun 2008
tanggal 21 April 2008 serta diumumkan
dalam Berita Negara Republik Indonesia No.
45 tanggal 3 Juni 2008, Tambahan No. 7807.
Perusahaan memulai usahanya secara
komersial pada tahun 2004. Perusahaan
berdomisili di Jakarta, dengan pabrik yang
berlokasi di Cilegon, Propinsi Banten. Kantor
pusat Perusahaan terletak di Menara
Thamrin, Lantai 16, Jl. M.H. Thamrin Kav. 3,
Jakarta.
Sesuai dengan pasal 3 Anggaran Dasar,
ruang lingkup kegiatan Perusahaan terutama
meliputi bidang perindustrian dan
perdagangan. Saat ini, Perusahaan bergerak
terutama dalam bidang produksi pemurnian
gula. Hasil produksi hanya dipasarkan di
dalam negeri.
-6-
PT SENTRA USAHATAMA JAYA
(Parent Company)
Notes to Financial Statements
For the Years Ended
December 31, 2020 and 2019
(Figure are Presented in Rupiah,
unless Otherwise Stated)
1. General
a. Establishment and General Information
PT Sentra Usahatama Jaya (the Company)
was established by virtue of Notarial Deed
No. 49 dated September 18, 1998 of
Winanto Wiryomartani, S.H., a public notary
in Jakarta. The Deed of Establishment was
approved by the Minister of Justice and
Human Rights of the Republic of Indonesia in
his Decision Letter No. C-3194 HT.01.01-
TH.99 dated February 24, 1999, and was
published in the State Gazette of the
Republic of Indonesia No. 54 dated July 6,
2004, Supplement No. 6482. The Company
changed its status from a Domestic Capital
Investment Company to a Foreign Capital
Investment Company, which was approved
by the Chairman of the Indonesian Capital
Investment Coordinating Board in his
Decision Letter No. 60/V/PMA/2003 dated
July 31, 2003. The latest amendment to the
Company’s Articles of Association was
based on Notarial Deed No. 22 dated
March 24, 2008 of Veronica Nataadmadja,
S.H., a public notary in Jakarta, regarding the
revisions in the Company’s Articles of
Association, to be in accordance with the
provisions of the Republic of Indonesia Law
No. 40/2007 regarding Limited Liability
Company and changes in the members of
the Board of Commissioners and Directors.
These amendments were approved by the
Minister of Law and Human Rights of the
Republic of Indonesia in his Decision Letter
No. AHU-19950.AH.01.02.Tahun 2008 dated
April 21, 2008 and was published in the State
Gazette of the Republic of Indonesia No. 45
dated June 3, 2008, Supplement No. 7807.
The Company started its commercial
operations in 2004. The Company is
domiciled in Jakarta, with its factory located
in Cilegon, Banten Province. The Company’s
head office is located at Menara Thamrin,
th
16 Floor, Jl. M.H. Thamrin Kav. 3, Jakarta.
In accordance with article 3 of the Articles of
Association, the scope of its activities is
mainly to engage in manufacturing and
trading. Currently, the Company engages
mainly in manufacture of refined sugar.
The Company’s product is marketed in
domestic market only.
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

b. Karyawan, Dewan Komisaris dan Direksi b. Employees, Board of Commissioners and

Directors

Susunan pengurus Perusahaan pada As of December 31, 2020 and 2019, based
tanggal 31 Desember 2020 dan 2019 on Notarial Deed No. 05 dated April 10, 2018
berdasarkan Akta No. 05 tanggal of Susilawati Aliwarga, S.H., a public notary
10 April 2018 dari Susilawati Aliwarga, S.H., in Jakarta, the Company’s management
notaris di Jakarta, adalah sebagai berikut: consists of the following:

Dewan Komisaris Board of Commissioners

Komisaris Utama : Kurnadi Setiawan : President Commissioner
Komisaris : Alwi Setiawan : Commissioners
Syamsinar Anwar Rasjid
Direksi Directors
Direktur Utama : Hansen Setiawan : President Director
Direktur : Yohan Setiawan : Directors
Wisnu Hendraningrat
Liana Halim

Jumlah karyawan Perusahaan adalah 557 The Company had total number of
dan 619 karyawan masing-masing pada employees of 557 and 619 as of
tanggal 31 Desember 2020 dan 2019. December 31, 2020 and 2019, respectively.

2. Kas 2. Cash

2020 2019

Kas Cash on hand

Rupiah 1.943.025.964 2.096.945.269 Rupiah
Dolar Amerika Serikat 3.333.013.863 3.284.808.663 U.S. Dollar
Jumlah - Kas 5.276.039.827 5.381.753.932 Total - Cash on hand

Bank Cash in banks

Rupiah Rupiah
Pihak berelasi Related party
PT Bank Index Selindo 257.562.585.713 164.020.075.566 PT Bank Index Selindo

Pihak ketiga Third parties

PT Bank Danamon Indonesia Tbk 204.235.292.104 226.787.804.462 PT Bank Danamon Indonesia Tbk
PT Bank UOB Indonesia 31.994.602.083 50.615.746.621 PT Bank UOB Indonesia
PT Bank OCBC NISP Tbk 20.818.426.679 20.110.799.200 PT Bank OCBC NISP Tbk
PT Bank DBS Indonesia 13.387.647.626 8.030.830.778 PT Bank DBS Indonesia
PT Bank Central Asia Tbk 3.650.904.997 4.689.729.955 PT Bank Central Asia Tbk
PT Bank Mandiri (Persero) Tbk 998.501.684 142.954.699 PT Bank Mandiri (Persero) Tbk
PT Bank Sumitomo Mitsui Banking PT Bank Sumitomo Mitsui Banking
Corporation 49.542.989 40.591.606 Corporation
MUFG Bank Ltd, Cabang Jakarta 34.949.775 28.107.666.166 MUFG Bank Ltd, Jakarta Branch
Jumlah 532.732.453.650 502.546.199.053 Subtotal

-7-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

2020 2019

Dolar Amerika Serikat U.S. Dollar

Pihak ketiga Third parties
PT Bank UOB Indonesia 551.263.120.351 202.075.778.036 PT Bank UOB Indonesia
PT Bank OCBC NISP Tbk 100.263.910.770 9.964.312.923 PT Bank OCBC NISP Tbk
MUFG Bank Ltd, Cabang Jakarta 53.278.121.095 27.980.274.319 MUFG Bank Ltd, Jakarta Branch
PT Bank DBS Indonesia 3.186.215.701 19.817.026.452 PT Bank DBS Indonesia
PT Bank Danamon Indonesia Tbk 185.967.928 84.145.477.520 PT Bank Danamon Indonesia Tbk
PT Bank Sumitomo Mitsui Banking PT Bank Sumitomo Mitsui Banking
Corporation 182.207.109 456.896.868 Corporation
Jumlah 708.359.542.954 344.439.766.118 Subtotal

Jumlah - Bank 1.241.091.996.604 846.985.965.171 Total - Cash in banks

Jumlah 1.246.368.036.431 852.367.719.103 Total

3. Piutang Usaha 3. Trade Accounts Receivable

Rincian piutang usaha adalah: The details of trade accounts receivable follows:
2020 2019

Pihak Berelasi Related Parties

Rupiah Rupiah
PT Andalan Furnindo 645.104.932 11.024.648.422 PT Andalan Furnindo
PT Sam Agro Manunggal - 416.000 PT Sam Agro Manunggal
Jumlah - Pihak Berelasi 645.104.932 11.025.064.422 Total - Related Parties

Pihak Ketiga Third Parties

Rupiah Rupiah
PT Frisian Flag Indonesia 79.664.764.729 95.499.649.855 PT Frisian Flag Indonesia
PT Lasallefood Indonesia 65.565.463.261 87.031.253.525 PT Lasallefood Indonesia
PT Heinz ABC Indonesia 33.724.497.007 163.479.840.377 PT Heinz ABC Indonesia
PT Santos Jaya Abadi 33.447.376.545 28.687.791.000 PT Santos Jaya Abadi
PT Kaldu Sari Nabati Indonesia 14.758.508.655 30.507.293.025 PT Kaldu Sari Nabati Indonesia
PT Mondelez Indonesia Manufacturing 12.935.419.310 6.977.829.466 PT Mondelez Indonesia Manufacturing
PT Agel Langgeng 10.623.756.990 13.238.769.500 PT Agel Langgeng
PT Ultra Prima Abadi 10.349.795.250 5.842.133.984 PT Ultra Prima Abadi
PT Indofood CBP Sukses Makmur Tbk 8.203.369.212 11.258.393.446 PT Indofood CBP Sukses Makmur Tbk
PT Indolakto 7.474.243.256 11.946.650.637 PT Indolakto
PT Union Foods 7.014.753.735 - PT Union Foods
PT Garudafood Putra Putri Jaya 6.494.582.328 14.163.174.133 PT Garudafood Putra Putri Jaya
PT Qualimas Indonesia 6.354.749.019 6.454.750.019 PT Qualimas Indonesia
PT Hanjaya Mandala Sampoerna Tbk 6.040.062.072 4.875.807.552 PT Hanjaya Mandala Sampoerna Tbk
PT Rhadogel Gums International 5.855.000.000 6.000.000.000 PT Rhadogel Gums International
PT Yakult Indonesia Persada 5.403.726.345 4.261.566.696 PT Yakult Indonesia Persada
PT Ares Kusuma Raya 4.888.149.585 264.000.000 PT Ares Kusuma Raya
PT Setia Pesona Cipta 4.335.194.358 - PT Setia Pesona Cipta
PT Khong Guan Biscuit Factory Indonesia 4.148.500.001 5.200.000.005 PT Khong Guan Biscuit Factory Indonesia
PT CS2 Pola Sehat 1.819.732.200 8.939.475.948 PT CS2 Pola Sehat
PT Tirta Alam Segar 1.572.024.535 4.993.583.425 PT Tirta Alam Segar
PT Coca Cola Bottling Indonesia - 18.188.630.100 PT Coca Cola Bottling Indonesia
Lain-lain (masing-masing di bawah
Rp 4.000.000.000) 47.425.727.639 90.811.783.536 Others (below Rp 4,000,000,000 each)
Jumlah 378.099.396.032 618.622.376.229 Subtotal

Dolar Amerika Serikat U.S. Dollar

C. Czarnikow Sugar Company Ltd 4.774.084.088 - C. Czarnikow Sugar Company Ltd
Taikoo Sugar Ltd 3.445.780.975 - Taikoo Sugar Ltd
Jumlah 8.219.865.063 - Subtotal

Jumlah - pihak ketiga 386.319.261.095 618.622.376.229

Cadangan kerugian penurunan nilai (13.049.368.032) (7.975.861.815) Allowance for impairment
Jumlah - Bersih 373.269.893.063 610.646.514.414 Net

Jumlah 373.914.997.995 621.671.578.836 Total

-8-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

Perubahan dalam cadangan kerugian penurunan The changes in allowance for impairment follows:
nilai adalah sebagai berikut:

2020 2019

Saldo awal tahun 7.975.861.815 4.998.361.815 Beginning balance

Penambahan 5.073.506.217 2.977.500.000 Provision

Saldo akhir tahun 13.049.368.032 7.975.861.815 Ending balance

4. Piutang Lain-lain 4. Other Accounts Receivable

2020 2019

Pihak berelasi 52.246.639.260 5.862.217.172 Related parties

Pihak ketiga 7.426.232.547 6.777.640.656 Third parties

Jumlah 59.672.871.807 12.639.857.828 Total

5. Persediaan 5. Inventories

Rincian persediaan adalah sebagai berikut: The details of inventories follows:

2020 2019

Bahan baku 341.717.291.586 61.853.074.143 Raw materials

Barang jadi 69.073.216.964 122.541.423.933 Finished goods
Bahan pembantu: Indirect materials:
Batu bara 11.324.351.902 11.555.023.815 Coal
Bahan pembungkus 5.573.012.148 3.220.809.559 Packaging
Bahan kimia 1.640.330.901 1.936.938.062 Chemical
Lain-lain 38.538.780.550 39.053.115.312 Others

Jumlah 467.866.984.051 240.160.384.824 Total

6. Uang Muka 6. Advances

Akun ini merupakan uang muka pembelian aset This account represents advances for purchases
tetap, perlengkapan pabrik dan renovasi kantor. of property, plant and equipment, factory supplies,
and office refurbishment.

7. Pajak Dibayar Dimuka 7. Prepaid Tax

Pada tanggal 31 Desember 2020, merupakan As of December 31, 2020, these represent Value
Pajak Pertambahan Nilai sebesar Added Taxes amounted to Rp 8,185,931,549.
Rp 8.185.931.549.

8. Biaya Dibayar Dimuka 8. Prepaid Expenses

Pada tahun 2020, akun ini terutama merupakan In 2020, this account consists mainly of
biaya yang belum diamortisasi atas premi unamortized insurance premium, while in 2019,
asuransi, sedangkan pada tahun 2019, akun ini this account consists mainly of unamortized
terutama merupakan biaya yang belum insurance premium and office space rental.
diamortisasi atas premi asuransi dan sewa
ruangan kantor.

-9-
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

9. Investasi dalam Saham 9. Investment in Share

Pada tahun 2019, merupakan investasi jangka In 2019, represent long-term investmentsin share
panjang dalam bentuk saham yang dicatat pada carried at cost method at PT SAM Agro Manunggal
biaya perolehan di PT SAM Agro Manunggal amounted tp Rp 128,000,000 with percentage of
sebesar Rp 128.000.000 dengan presentase ownership of 64,00%.
kepemilikan 64,00%.

Berdasarkan Akta No. 16 tanggal 31 Januari 2020 Based on Notarial Deed No. 16 dated
dari Susilawati Aliwarga, S.H., notaris di Jakarta, January 31, 2020 of Susilawati Aliwarga, S.H., public
para pemegang saham SAM setuju untuk notary in Jakarta, SAM shareholders agreed to
meningkatkan modal dasar yang semula sebesar increase the authorized capital from
Rp 500.000.000 menjadi Rp 10.000.000.000, Rp 500,000,000 to Rp 10,000,000,000, the issued
modal ditempatkan dan disetor yang semula and paid-up capital from Rp 200,000,000 to
sebesar Rp 200.000.000 menjadi Rp 8,000,000,000 and change the intentions and
Rp 8.000.000.000 serta mengubah maksud dan objectives of SAM which was originally engaged in
tujuan SAM yang semula bergerak di bidang agriculture, plantations, and agribusiness into the
pertanian, perkebunan dan agrobisnis menjadi manufacturing and trading and retail industries.
industri pengolahan dan perdagangan besar dan
eceran.

Peningkatan modal ditempatkan dan disetor SAM The increase in the issued and paid-up of
sebesar Rp 7.800.000.000 telah diambil bagian Rp 7,800,000,000 was taken by the Company
oleh Perusahaan sebear Rp 3.472.000.000 (3.472 amounting to Rp 3,472,000,000 (3,472 shares)
lembar saham) dan sisanya diambil bagian oleh and the remaining were taken by the
kepentingan non-pengendali. noncontrolling interests.

Atas transaksi tersebut, kepemilikan Perusahaan Based on the transaction, ownership of SAM
di SAM menjadi sebesar Rp 3.600.000.000 pada become Rp 3,600,000,000 in 2020 or percentage
tahun 2020 atau turun dari 64,00% menjadi of ownership interest decreased from 64.00% to
45,00% 45.00%.

10. Aset Tetap 10. Property, Plant and Equipment

Perubahan selama tahun 2020/
Changes during 2020
Dampak Penerapan/
Impact of adoption
1 Januari 2020/ PSAK No.73 Penambahan/ Pengurangan/ 31 Desember 2020/
January 1, 2020 (Catatan__/Note __) Additions Deductions December 31, 2020

Harga perolehan: Acquisition cost:

Nilai revaluasian At revalued amount
Tanah 196.574.000.000 - - - 196.574.000.000 Land
Biaya perolehan At cost
Bangunan dan prasarana 346.118.959.397 - - - 346.118.959.397 Buildings and land improvements
Mesin 1.276.026.635.535 - 9.124.941.566 176.713.899.140 1.108.437.677.961 Machineries
Kendaraan dan alat berat 10.502.922.524 - 5.116.262.454 3.765.391.760 11.853.793.218 Vehicles and heavy equipment
Peralatan dan perabotan 137.147.683.790 - 20.156.715.033 - 157.304.398.823 Furniture, fixtures and equipment
Pekerjaan dalam pelaksanaan 140.361.545.677 - 27.526.109.901 - 167.887.655.578 Construction in pogress
Aset hak guna Right-of-use assets
Bangunan dan prasarana - 2.314.123.366 - - 2.314.123.366 Buildings and land improvements
Kendaraan - 243.719.121 - - 243.719.121 Vehicles

Jumlah 2.106.731.746.923 2.557.842.487 61.924.028.954 180.479.290.900 1.990.734.327.464 Total

Akumulasi penyusutan: Accumulated depreciation:

Biaya perolehan At cost
Bangunan dan prasarana 181.661.616.710 - 17.442.656.999 - 199.104.273.709 Buildings and land improvements
Mesin 1.052.876.568.930 - 59.586.219.535 176.713.899.140 935.748.889.325 Machineries
Kendaraan dan alat berat 7.263.407.813 - 1.030.400.373 3.765.391.760 4.528.416.426 Vehicles and heavy equipment
Peralatan dan perabotan 111.070.621.279 - 13.724.970.441 - 124.795.591.720 Furniture, fixtures and equipment
Aset hak-guna Right-of-use assets
Bangunan dan prasarana - 867.796.262 - - 867.796.262 Buildings and land improvements
Kendaraan - 86.018.514 - - 86.018.514 Vehicles

Jumlah 1.352.872.214.732 953.814.776 91.784.247.348 180.479.290.900 1.265.130.985.956 Total

Nilai Tercatat 753.859.532.191 725.603.341.508 Net Book Value

- 10 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

Perubahan selama tahun 2019/

Changes during 2019
1 Januari 2019/ Penambahan/ Pengurangan/ 31 Desember 2019/
January 1, 2019 Additions Deductions December 31, 2019

Harga perolehan: Acquisition cost:

Nilai revaluasian At revalued amount
Tanah 196.574.000.000 - - 196.574.000.000 Land
Biaya perolehan At cost
Bangunan dan prasarana 345.275.825.716 843.133.681 - 346.118.959.397 Buildings and land improvements
Mesin 1.254.264.861.962 21.761.773.573 - 1.276.026.635.535 Machineries
Kendaraan dan alat berat 10.502.922.524 - - 10.502.922.524 Vehicles and heavy equipment
Peralatan dan perabotan 131.552.185.407 5.607.333.125 11.834.742 137.147.683.790 Furniture, fixtures and equipment
Pekerjaan dalam pelaksanaan 55.064.249.158 85.297.296.519 - 140.361.545.677 Construction in pogress

Jumlah 1.993.234.044.767 113.509.536.898 11.834.742 2.106.731.746.923 Total

Akumulasi penyusutan: Accumulated depreciation:

Biaya perolehan At cost
Bangunan dan prasarana 164.263.194.166 17.398.422.544 - 181.661.616.710 Buildings and land improvements
Mesin 982.373.765.576 70.502.803.354 - 1.052.876.568.930 Machineries
Kendaraan dan alat berat 6.499.925.781 775.316.774 11.834.742 7.263.407.813 Vehicles and heavy equipment
Peralatan dan perabotan 94.849.983.854 16.220.637.425 - 111.070.621.279 Furniture, fixtures and equipment

Jumlah 1.247.986.869.377 104.897.180.097 11.834.742 1.352.872.214.732 Total

Nilai Tercatat 745.247.175.390 753.859.532.191 Net Book Value

Beban penyusutan dialokasikan sebagai berikut: Depreciation is allocated as follows:

2020 2019

Beban pokok penjualan 89.331.869.625 102.626.574.168 Cost of goods sold

Beban usaha 3.406.192.499 2.270.605.929 Operating expenses

Jumlah 92.738.062.124 104.897.180.097 Total

Pengurangan selama tahun 2020 dan 2019 Deductions in 2020 and 2019 pertain to the sale of
merupakan penjualan aset tetap dengan rincian property, plant and equipment with details as
sebagai berikut: follows:

2020 2019

Harga jual 190.909.091 2.500.000 Selling price

Nilai tercatat - - Net book value

Keuntungan penjualan 190.909.091 2.500.000 Gain on sale

Pengurangan pada tahun 2020 termasuk Deduction in 2020, include written-off machineries
penghapusan aset tetap mesin dengan nilai with net book value amounting to nil.
tercatat sebesar nihil.

11. Setoran Jaminan 11. Security Deposits

Akun ini terdiri dari deposit untuk pembukaan letter
of credit impor gula rafinasi pada PT Bank DBS
Indonesia dan PT Bank Tabungan Pensiunan
Nasional Tbk pada tahun 2020, PT Bank DBS
Indonesia pada tahun 2019, setoran jaminan untuk
sewa kantor dan penyediaan air.
This account consists mainly of deposits for
opening a letter of credit import refined sugar at
PT Bank DBS Indonesia and PT Bank Tabungan
Pensiunan Nasional Tbk in 2020, PT Bank DBS
Indonesia in 2019, and security deposits on rental
of office space and water supply.

- 11 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

12. Aset Lain-lain 12. Other Assets

2020 2019

Estimasi tagihan pajak penghasilan Estimated claim for tax refund

Tahun 2019 18.442.576.449 18.442.576.449 Year 2019
Tahun 2018 40.114.345.041 51.421.047.602 Year 2018
Lain-lain 600.000.000 600.000.000 Others

Jumlah 59.156.921.490 70.463.624.051 Total

Pada tahun 2020, Perusahaan menerima Surat In 2020, the Company received tax assessment
Ketetapan Pajak Lebih Bayar letter on overpayment No. 00077/406/18/057/20
No. 00077/406/18/057/20 tanggal 27 Agustus dated August 28, 2020 for income tax year 2018
2020 atas pajak penghasilan tahun 2018 sebesar amounting to US$ 3,125,725.95.
US$ 3.125.725,95.

Pada tahun 2020, Perusahaan menerima In 2020, the Company received tax assessment
beberapa Surat Ketetapan Pajak Kurang Bayar letter on underpayment and tax collection letter for
dan Surat Tagihan Pajak atas Pajak Pertambahan value added tax year 2018 amounting to
Nilai tahun 2018 sebesar Rp 33.760.869.996. Rp 33,760,869,996.

Pada tanggal 4 November 2020, Perusahaan telah On November 4, 2020, the Company has filed an
mengajukan keberatan kepada Kantor Pajak atas objection to the Tax Office regarding the letter on
Surat Keterangan Pajak Lebih Bayar tersebut. overpayment.

13. Utang Bank Jangka Pendek 13. Short-term Bank Loans

2020 2019

Dolar Amerika Serikat U.S. Dollar

PT Bank Tabungan Pensiunan Nasional Tbk 415.519.622.318 198.746.166.569 PTMitsubishi
Bank Tabungan
UFJ Ltd.),
Pensiunan
JakartaNasional
branch Tbk
PT Bank DBS Indonesia 301.018.999.126 433.757.650.911 PT Bank DBS Indonesia
PT Bank OCBC NISP Tbk 238.199.488.443 87.885.152.391 PT Bank OCBC NISP Tbk
PT Bank UOB Indonesia 168.299.361.687 - PT Bank UOB Indonesia

Jumlah 1.123.037.471.574 720.388.969.871 Total

PT Bank Tabungan Pensiunan Nasional Tbk PT Bank Tabungan Pensiunan Nasional Tbk

Pada tanggal 13 April 2016, Perusahaan
memperoleh fasilitas perbankan dari PT Bank
Tabungan Pensiunan Nasional Tbk untuk
membiayai impor bahan baku gula. Fasilitas
pinjaman yang berlaku terdiri dari Fasilitas L/C
impor dengan jumlah US$ 19.500.000 dan dengan
subfasilitas berupa pinjaman untuk modal kerja
dengan jumlah maksimum US$ 19.500.000.
On April 13, 2016, the Company obtained loan
facility from PT Bank Tabungan Pensiunan
Nasional Tbk to finance importation of raw sugar.
The loan facility consist of L/C Import facility with
maximum amount of US$ 19,500,000 and with
sub-facility for working capital amounting to
US$ 19,500,000.

Berdasarkan perjanjian fasilitas tanggal Based on the facility agreement dated

31 Juli 2018, fasilitas tersebut telah ditingkatkan July 31, 2018, this facility has been increased to
menjadi US$ 34.500.000 untuk limit gabungan. US$ 34,500,000 for the combined limit.

Jangka waktu fasilitas telah diperpanjang The term of the financing facility has ben extended
beberapa kali, terakhir melalui Perjanjian tanggal several times, the latest was dated July 31, 2020
31 Juli 2020 dimana fasilitas diperpanjang hingga wherein the term of the facility was extended until
31 Juli 2021. July 31, 2021.

Fasilitas ini dijamin dengan jaminan fidusia atas These facilities are secured by fiduciary transfers
piutang usaha dan persediaan. of trade accounts receivables and inventories

- 12 -
PT SENTRA USAHATAMA JAYA
(Entitas Induk)
Catatan atas Laporan Keuangan
Untuk Tahun-tahun yang berakhir
31 Desember 2020 dan 2019
(Angka-angka Disajikan dalam Rupiah,
kecuali Dinyatakan Lain)
Suku bunga per tahun yang dikenakan adalah
1,50% - 2,25% per tahun ditambah suku bunga
LIBOR dalam Dolar Amerika Serikat dan 1,50% -
2,25% per tahun ditambah Cost of Fund dalam
Rupiah.
Fasilitas pinjaman ini memiliki beberapa syarat
perjanjian pinjaman sebagaimana tertera dalam
perjanjian utang. Perusahaan telah memenuhi
persyaratan perjanjian.
PT Bank DBS Indonesia
Perusahaan memperoleh fasilitas pembiayaan dari
PT Bank DBS Indonesia (DBSI) untuk pembelian
gula mentah, sekaligus sebagai tambahan modal
kerja.
Jangka waktu fasilitas telah diperpanjang
beberapa kali, terakhir melalui Perjanjian
Perubahan Fasilitas Perbankan tanggal 20 Maret
2020 dimana fasilitas diperpanjang hingga
31 Januari 2022.
Berdasarkan perubahan perjanjian pinjaman
tanggal 20 Maret 2020, jumlah maksimum fasilitas
pembiayaan dari DBSI telah diturunkan dari
US$ 72.000.000 menjadi US$ 62.000.000 yang
terdiri dari:
a. Fasilitas uncommitted import letter of credit
(L/C Impor 1) berupa transaksi-transaksi
Sight L/C dan/atau Usance L/C dan/atau
UPAS, dengan merubah jumlah fasilitas
maksimum sebesar US$ 72.000.000 menjadi
US$ 62.000.000 dan dengan jangka waktu
berlakunya untuk setiap L/C adalah
maksimum 6 bulan sejak tanggal penerbitan;
b. Fasilitas uncommited trust receipt (TR) dengan
merubah jumlah maksimum sebesar
US$ 64.800.000 menjadi US$ 55.800.000 atau
ekuivalennya dalam mata uang Rupiah,
dengan jangka waktu tiap TR maksimum 6
(enam) bulan;
c. Fasilitas uncommited account receivable
financing (ARF) with recourse, dengan
merubah jumlah maksimum sebesar
US$ 72.000.000 menjadi US$ 62.000.000
atau ekuivalennya dalam mata uang Rupiah
atau mata uang yang sama dengan faktur,
jangka waktu maksimum tiap penarikan
adalah 60 hari dan hanya tersedia bagi
piutang nasabah dari para pembeli yang
tercantum dalam perjanjian;
- 13 -
PT SENTRA USAHATAMA JAYA
(Parent Company)
Notes to Financial Statements
For the Years Ended
December 31, 2020 and 2019
(Figures are Presented in Rupiah,
unless Otherwise Stated)
Annual interest on these facilities is 1.50% -
2.25% per annum plus interest rate of LIBOR in
United States Dollar and 1.50% - 2.25% per
annum plus cost of fund in Rupiah.
The loan agreement contains certain covenants to
be complied by the Company. The Company has
complied with the covenants.
PT Bank DBS Indonesia
The Company obtained financing facilities from
PT Bank DBS Indonesia (DBSI) to finance the
purchase of raw sugar and for working capital
purposes.
The term of the financing facility has been
extended several times, the latest was based on
Amendment to the Financing Agreement, dated
March 20, 2020, wherein the term of the facility
was extended until January 31, 2021.
Based on the amendment of the loan agreement
dated March 20, 2020, this total maximum facility
from DBSI has been decrease from
US$ 72,000,000 to US$ 62,000,000, consisting of:
a. Uncommitted import letter of credit (L/C
Import 1) facility in the form of transactions
Sight L/C and/or Usance L/C and/or UPAS,
by changing the maximum amount of
US$ 72,000,000 to US$ 62,000,000 and with
maximum period of each L/C for six (6)
months since the date of issuance;
b. Uncommitted trust receipt (TR) facility by
changing the maximum amount of
US$ 64,800,000 to US$ 55,800,000 or
equivalent in Rupiah, with maximum period
of each TR of six (6) months;
c. Uncommitted account receivable financing
(ARF) with recourse facility, by changing the
maximum amount of US$ 72,000,000 to
US$ 62,000,000 or equivalent in Rupiah or
other currencies same as invoices, with
maximum period of sixty (60) days and is
only available to customer receivables from
customer stated in the agreement;
PT SENTRA USAHATAMA JAYA
(Entitas Induk)
Catatan atas Laporan Keuangan
Untuk Tahun-tahun yang berakhir
31 Desember 2020 dan 2019
(Angka-angka Disajikan dalam Rupiah,
kecuali Dinyatakan Lain)
d. Fasilitas uncommitted import letter of credit
(L/C Import 2) dengan jumlah maksimum
sebesar US$ 2.000.000 atau ekuivalennya
dalam mata uang Yen Jepang atau mata
uang lainnya yang disetujui oleh bank
dengan jangka waktu berlaku tiap L/C adalah
maksimum 9 (sembilan) bulan; dan
e. Fasilitas jaminan perbankan berupa
penerbitan surat kredit berdokumen dalam
negeri (SKBDN) Sight dengan jumlah
maksimum sebesar Rp 20.000.000.000
dengan jangka waktu 9 (sembilan) bulan.
Suku bunga per tahun yang dikenakan adalah
berkisar antara 1,25% - 1,75% di atas suku bunga
deposito DBSI.
Fasilitas pembiayaan ini dijamin dengan jaminan
fidusia atas piutang usaha sebesar
US$ 62.000.000 dan persediaan sebesar
US$ 62.000.000.
PT Bank OCBC NISP Tbk (OCBC)
Pada tanggal 24 Februari 2012, Perusahaan
memperoleh fasilitas perbankan dari OCBC
yang terdiri dari fasilitas Usance Pay At Sight
(UPAS) yang digunakan untuk membiayai
pembelian bahan baku gula dan fasilitas modal
kerja dengan jumlah maksimum sebesar
US$ 30.000.000 dan fasilitas transaksi valuta
asing dengan jumlah maksimum sebesar
US$ 5.000.000.
Berdasarkan perubahan perjanjian pinjaman
tanggal 30 Agustus 2018, fasiltas tersebut telah
ditingkatkan menjadi US$ 50.000.000 untuk
fasilitas UPAS dan Trust Receipt (TR) serta
menjadi US$ 50.000.000 untuk fasilitas transaksi
valuta asing.
Jangka waktu fasilitas telah diperpanjang
beberapa kali, terakhir melalui Perubahan
Perjanjian Pinjaman tanggal 12 Juli 2020 dimana
fasilitas diperpanjang hingga 31 Mei 2021.
Fasilitas kredit ini dikenakan suku bunga LIBOR
ditambah keuntungan tahunan sebesar masing-
masing 4,50% per tahun pada tahun 2020 dan
2019.
Fasilitas ini dijamin dengan jaminan fidusia atas
persediaan dengan nilai gabungan sebesar
US$ 50.000.000.
- 14 -
PT SENTRA USAHATAMA JAYA
(Parent Company)
Notes to Financial Statements
For the Years Ended
December 31, 2020 and 2019
(Figures are Presented in Rupiah,
unless Otherwise Stated)
d. Uncommitted import letter of credit (L/C
import 2) facility with maximum amount of
US$ 2,000,000 or equivalent in Japanese
Yen or other currencies which is approved by
the bank. The maximum period of each L/C
is nine (9) months; and
e. Bank Guarantee facility in the form of
issuance of L/C domestic with maximum
amount of Rp 20,000,000,000. The
maximum period of each L/C is nine (9)
months.
Annual interest on these facilities ranges from
1.25% - 1.75% above DBSI’s cost of fund.
The financing facilities are secured by fiduciary
transfers over the Company’s trade accounts
receivable of US$ 62,000,000 and inventories of
US$ 62,000,000.
PT Bank OCBC NISP Tbk (OCBC)
On February 24, 2012, the Company obtained
banking facility from OCBC consisting of Usance
Pay At Sight (UPAS) to refinance purchase of raw
materials and working capital facility with a
maximum amount of US$ 30,000,000 and Foreign
Exchange facility with a maximum amount of
US$ 5,000,000.
Based on the amendment to the loan agreement
dated August 30, 2018, this facility has been
increased to US$ 50,000,000 for the UPAS and
Trust Receipt (TR) facilities and become
US$ 50,000,000 for Foreign Exchange facility.
The term of the financing facility has been
extended several times, the latest was based on
Amendment to the Facility Agreement dated July
12, 2020, wherein the term of the facility was
extended until May 31, 2021.
This credit facility bears interest rate of LIBOR
plus annual margin 4.50% per annum in 2020 and
2019, respectively.
The facilities are secured by fiduciary transfers of
inventories with a combined amount of
US$ 50,000,000.
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

PT Bank UOB Indonesia (UOB) PT Bank UOB Indonesia (UOB)

Pada tanggal 3 September 2012, Perusahaan On September 3, 2012, the Company obtained
memperoleh fasilitas perbankan dari UOB. banking facility from UOB.

Fasilitas kredit yang diterima Perusahaan dari The loan facilities obtained by the Company from
UOB adalah sebagai berikut: UOB consist of the following:

a. Fasilitas Kredit Modal Kerja, berupa fasilitas
Letter of Credit (Sight, Usance dan UPAS)
dan/atau Surat Kredit Berdokumen Dalam
Negeri yang dapat digunakan dalam bentuk
Sight, Usance atau UPAS dengan sublimit
fasilitas Trust Receipt atau Fasilitas Clean
Trust Receipt dengan jumlah maksimum
fasilitas sebesar US$ 50.000.000.
a. Working Capital Credit Facility, in the form of
a Letter of Credit facility (Sight, Usance and
UPAS) and/or Domestic Documented Credit
Letter that can be used in the form of Sight,
Usance or UPAS with sublimit Trust Receipt
facilities or Clean Trust Receipt facilities with
a maximum amount of facilities of
US$ 50,000,000.

b. Fasilitas Foreign Exchange dengan b. Foreign Exchange Facility with a sub-limit of

sub limit fasilitas Interest Rate Swap dengan Interest Rate Swap Facility with maximum
jumlah maksimum sebesar US$ 20.000.000 amount of US$ 20,000,000 which has been
yang telah ditingkatkan menjadi increase to US$ 50,000,000 to hedge the
US$ 50.000.000 masing-masing untuk Company’s exposure against foreign
lindung nilai eksposur Perusahaan terhadap currencies and to hedge the Company’s
mata uang asing dan untuk lindung nilai suku floating interest rate.
bunga mengambang Perusahaan.

Perjanjian ini telah diperpanjang beberapa kali, This agreement has been extended several times,
terakhir sampai dengan 10 November 2021. the latest until November 10, 2021.

Fasilitas kredit ini dijamin dengan setoran jaminan
sebesar 10% dari setiap jumlah LC yang
dikeluarkan, jaminan fidusia pengalihan kepemilikan
atas piutang usaha dan persediaan, serta yang
tercantum dalam perjanjian
These credit facilities are secured by a margin
deposit of 10% of each issued LC amount,
fiduciary transfer of ownership of trade accounts
receivable and inventories

Suku bunga per tahun yang dikenakan adalah Annual interest on these facilities is 1.90% per
1,90% per tahun ditambah suku bunga LIBOR annum plus interest rate of LIBOR in United
dalam Dolar Amerika Serikat dan 3% per tahun States Dollar and 3% per annum plus cost of fund
ditambah Cost of Fund dalam Rupiah. in Rupiah.

14. Utang Usaha 14. Trade Accounts Payable

2020 2019

Pihak berelasi Related parties

Rupiah Rupiah
PT Catur Global Logistik 9.426.203.672 12.431.617.295 PT Catur Global Logistik
PT Samora Usaha Makmur 2.912.095.551 4.338.037.653 PT Samora Usaha Makmur
PT Medan Sugar Industry 2.427.996.261 - PT Medan Sugar Industry
Jumlah 14.766.295.484 16.769.654.948 Subtotal

- 15 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

2020 2019

Pihak ketiga Third parties

Rupiah Rupiah
PT Lautan Organo Water 23.000.000.000 23.000.000.000 PT Lautan Organo Water
PT Surya Indra Utama 5.269.485.269 1.112.138.415 PT Surya Indra Utama
PT Borneo Coal Trading 4.837.107.000 - PT Borneo Coal Trading
PT Pelangi Dwiputra Kimiaraya 2.044.900.000 - PT Pelangi Dwiputra Kimiaraya
PT Binesqo Mulyatama Sejahtera 6.550.380.000 1.452.700.000 PT Binesqo Mulyatama Sejahtera
PT Zayan Putra Perkasa 5.650.000.000 5.650.000.000 PT Zayan Putra Perkasa
PT Mova Semesta Buana 5.242.292.000 4.807.800.000 PT Mova Semesta Buana
PT Hasta Mandiri Sejati 4.751.893.750 5.037.695.100 PT Hasta Mandiri Sejati
PT Finesta Gemilang 4.108.032.500 3.137.337.500 PT Finesta Gemilang
PT Inticita Unggul 4.053.655.000 2.242.270.000 PT Inticita Unggul
PT Langgeng Ciptalindo 3.376.000.000 1.279.800.000 PT Langgeng Ciptalindo
PT Bara Indah Sinergi 3.175.328.000 4.673.465.550 PT Bara Indah Sinergi
PT Cipta Mulia Semesta 2.970.000.000 690.952.500 PT Cipta Mulia Semesta
Lain-lain (masing-masing di bawah Others (below Rp 2.000.000.000
Rp 2.000.000.000) 54.035.274.858 73.612.677.167 each)
Jumlah 129.064.348.377 126.696.836.232 Subtotal

Dolar Amerika Serikat United States Dollar

Isgec Heavy Engineering Ltd 37.660.376.700 - Isgec Heavy Engineering Ltd
PT Marsh Indonesia 3.375.384.044 3.396.435.580 PT Marsh Indonesia
Lain-lain 125.252.489 273.154.847 Others

Jumlah 41.161.013.233 3.669.590.427 Subtotal

Euro Euro
BMA Braunschweigische BMA Braunschweigische
Maschinebauanstalt AG 103.413.565 - Maschinebauanstalt AG

Yen Jepang Japanese Yen

Tsukishima Kikai Co Ltd 1.199.857.428 - Tsukishima Kikai Co Ltd
Lain-lain 313.884.450 31.991.650 Others
Jumlah 1.513.741.878 31.991.650 Subtotal

Jumlah 171.842.517.053 130.398.418.309 Total

Jumlah 186.608.812.537 147.168.073.257 Total

15. Utang Pajak 15. Taxes Payable

2020 2019

Pajak kini 2.725.563.415 - Current tax

Pajak penghasilan Income taxes
Pasal 4 (2) 137.847.830 113.308.141 Article 4 (2)
Pasal 21 6.355.568.275 10.852.757.714 Article 21
Pasal 23 228.009.071 361.038.471 Article 23
Pajak Pertambahan Nilai - Bersih - 32.910.695.383 Value Added Tax - Net

Jumlah 9.446.988.591 44.237.799.709 Total

- 16 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

Besarnya pajak yang terutang ditetapkan The filed tax returns are based on the Group’s
berdasarkan perhitungan pajak yang dilakukan own calculation of tax liabilities (self-assessment).
sendiri oleh wajib pajak (self-assessment).

16. Uang Muka Penjualan 16. Advances Received

Akun ini merupakan uang yang diterima dimuka This account represents cash received in advance
dari pelanggan yang akan diakui sebagai from customers which will be recognized as
penjualan ketika barang sudah dikirimkan. revenue when the goods are delivered.

17. Beban Akrual 17. Accrued Expenses

2020 2019

Asuransi 3.929.636.162 2.463.285.801 Insurance

Listrik dan air 998.967.245 1.218.499.600 Electricity and water
Bunga pinjaman 809.418.397 4.636.124.316 Accrued interest

Lain-lain 22.065.957.736 8.890.493.597 Others

Jumlah 27.803.979.540 17.208.403.314 Total

18. Liabilitas Sewa 18. Lease Liabilities

2020

Saldo awal tahun - Beginning balance

Dampak penerapan PSAK No.73 2.557.842.487 Impact of adoption PSAK No.73
Pembayaran (1.010.361.195) Payments
Bunga 130.143.524 Interest

Jumlah 1.677.624.816 Total

Berikut adalah pembayaran sewa minimum masa The following are the future minimum lease
yang akan datang (future minimum lease payments based on the lease agreements:
payment) berdasarkan perjanjian sewa:

2020

Pembayaran yang jatuh tempo pada tahun Payments due in:

2021 1.048.218.000 2021
Bunga 714.412.000 Interest
Jumlah pembayaran sewa minimum 1.762.630.000 Total minimum lease liabilities
Dikurangi bunga (85.005.184) Less interest
Nilai sekarang pembayaran sewa minimum 1.677.624.816 Present value of minimum lease payments
Bagian yang jatuh tempo dalam
waktu satu tahun 976.437.007 Less current portion
Bagian jangka panjang 701.187.809 Long-term portion

- 17 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

19. Modal Saham 19. Capital Stock

Susunan para pemegang saham Perusahaan The stockholders of the Company and details of its
pada tanggal 31 Desember 2020 dan 2019 adalah capital stock as of December 31, 2020 and 2019
sebagai berikut: are as follows:

Jumlah Persentase Jumlah Modal

Saham/ Kepemilikan/ Disetor/
Number of Percentage of Total Paid-up
Nama Pemegang Saham Shares Ownership Capital Stock Name of Stockholders
%

PT Samora Usaha Makmur 104.250 69,50 104.250.000.000 PT Samora Usaha Makmur

Syamsinar Anwar Rasyid (Komisaris) 11.250 7,50 11.250.000.000 Syamsinar Anwar Rasyid (Commissioner)
Alwi Setiawan (Komisaris) 7.500 5,00 7.500.000.000 Alwi Setiawan (Commissioner)
Kurnadi Setiawan (Komisaris) 4.500 3,00 4.500.000.000 Kurnadi Setiawan (Commissioner)
Mulyo Setiawan 4.500 3,00 4.500.000.000 Mulyo Setiawan
Joko Setiawan 4.500 3,00 4.500.000.000 Joko Setiawan
Yohan Setiawan (Direksi) 4.500 3,00 4.500.000.000 Yohan Setiawan (Director)
Hansen Setiawan (Direksi) 4.500 3,00 4.500.000.000 Hansen Setiawan (Director)
Wisnu Hendraningrat (Direksi) 3.750 2,50 3.750.000.000 Wisnu Hendraningrat (Director)
Sendy Greti 750 0,50 750.000.000 Sendy Greti
Jumlah 150.000 100,00 150.000.000.000 Total

20. Pendapatan Usaha 20. Net Sales

2020 2019

Gula rafinasi 4.019.051.308.754 3.374.333.214.530 Refined sugar

Molases 15.055.930.586 19.339.410.992 Molasses

Jumlah 4.034.107.239.340 3.393.672.625.522 Total

21. Beban Pokok Penjualan 21. Cost of Goods Sold

2020 2019

Pemakaian bahan baku 2.810.449.481.832 2.428.505.797.871 Raw materials used

Upah langsung 66.946.844.395 65.100.029.983 Direct labor
Beban produksi tidak langsung 545.911.352.892 528.594.675.809 Manufacturing overhead
Jumlah biaya produksi 3.423.307.679.119 3.022.200.503.663 Total manufacturing costs
Barang jadi Finished goods
Awal tahun 122.541.423.933 124.679.898.355 At the beginning of the year
Akhir tahun (69.073.216.964) (122.541.423.933) At the end of the year

Jumlah 3.476.775.886.088 3.024.338.978.085 Total

22. Beban Usaha 22. Operating Expenses

a. Beban penjualan a. Selling expenses

Merupakan beban promosi dan pengangkutan Represents promotion and freight charges of
barang kepada pelanggan masing-masing goods delivered to customers amounting to
sebesar Rp 114.534.253.343 dan Rp 114,534,253,343 and Rp 113,095,868,072
Rp 113.095.868.072 pada tahun 2020 dan in 2020 and 2019, respectively.
2019.

- 18 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

b. Beban umum dan administrasi b. General and administrative expenses

2020 2019

Gaji dan tunjangan karyawan 50.114.887.995 89.892.059.688 Salaries and employees' benefits
Beban kantor 30.726.483.834 8.312.512.949 Office expenses
Jasa profesional 25.349.166.674 12.222.888.216 Professional fees
Representasi 21.398.825.225 13.828.625.145 Representation
Imbalan kerja jangka panjang 10.904.346.835 10.590.317.065 Long-term employee benefits expense
Donasi 9.396.844.116 9.943.393.190 Donations
Cadangan kerugian penurunan nilai piutang 5.073.506.217 2.977.500.000 Provision for impairment
Asuransi 3.801.068.456 4.203.134.100 Insurance
Penyusutan 3.406.192.499 2.270.605.929 Depreciation
Sewa 3.076.642.000 9.932.973.461 Rental
Perjalanan dinas dan transportasi 31.942.807 267.535.628 Travel and transportation
Lain-lain 2.049.341.677 1.847.444.268 Others
Jumlah 165.329.248.335 166.288.989.639 Total

23. Imbalan Kerja Jangka Panjang 23. Long-term Employee Benefits

Besarnya imbalan kerja jangka panjang dihitung
berdasarkan peraturan yang berlaku, yakni
Undang-undang No. 13 Tahun 2003 tanggal
25 Maret 2003. Tidak terdapat pendanaan khusus
yang disisihkan sehubungan dengan imbalan kerja
jangka panjang tersebut.
The amount of long-term employee benefits is
determined based on Law No. 13 Year 2003,
dated March 25, 2003. No funding of the benefits
has been made to date.

Pada tahun 2020 dan 2019, jumlah karyawan In 2020 and 2019, there are 520 and 557
yang berhak atas imbalan kerja jangka panjang employees, respectively, who are entitled to the
tersebut adalah 520 dan 557 karyawan. benefits.

Perhitungan aktuaria terakhir atas dana pensiun
dan liabilitas imbalan kerja jangka panjang
dilakukan oleh kantor konsultan Aktuaria Tubagus
Syafrial & Amran Nangasan , aktuaris independen,
tertanggal 18 Maret 2021.
The latest actuarial valuation upon the pension
fund and the long-term employee benefits liability
was from konsultan Aktuaria Tubagus Syafrial &
Amran Nangasan, an independent actuary, dated
March 18, 2021.

Jumlah-jumlah yang diakui dalam Iaporan laba Amounts recognized in the statement of profit or
rugi dan penghasilan komprehensif lain loss and other comprehensive income in respect
sehubungan dengan imbalan pasti adalah sebagai of this benefit plans are as follows:
berikut:

2020 2019

Biaya jasa kini 5.670.727.612 6.344.282.065 Current service costs

Biaya bunga 5.233.619.223 4.246.035.000 Interest cost
Komponen biaya imbalan pasti Components of defined benefit costs
yang diakui di laba rugi 10.904.346.835 10.590.317.065 recognized in profit or loss

Pengukuran kembali liabilitas imbalan pasti: Remeasurement of the defined benefit liability:
Kerugian (keuntungan) aktuarial yang timbul Actuarial losses (gains) arising from
dari perubahan asumsi aktuarial yang changes in actuarial assumptions
diakui di penghasilan komprehensif lain 1.033.643.968 6.278.287.132 recognized in other comprehensive income

Jumlah 11.937.990.803 16.868.604.197 Total

Biaya jasa kini, biaya jasa lalu dan biaya bunga The current service cost, past service cost and the
untuk tahun berjalan disajikan sebagai bagian dari interest expense for the year are included in the
“Beban umum dan administrasi” pada laba rugi. “General and administrative expenses” in the profit
or loss.

- 19 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

Mutasi nilai kini liabilitas imbalan pasti adalah Movements of present value of defined benefit
sebagai berikut: liability are as follows:

2020 2019

Saldo awal tahun 65.420.240.285 49.158.179.112 Balance at the beginning of the year
Biaya jasa kini 5.670.727.612 6.344.282.065 Current service costs
Biaya bunga bersih 5.233.619.223 4.246.035.000 Net interest expense
Kerugian (keuntungan) pengukuran kembali Remeasurement losses (gains)
Kerugian (keuntungan) aktuarial yang timbul
dari: Actuarial losses (gains) arising from:
Perubahan asumsi aktuarial 1.033.643.968 6.278.287.132 Changes in actuarial assumptions
Pembayaran (1.992.614.202) (606.543.024) Payment
Transfer ke PT Samora Usaha Makmur (8.379.205.941) - Transfer to PT Samora Usaha Makmur

Saldo akhir tahun 66.986.410.945 65.420.240.285 Balance at the end of the year

Asumsi-asumsi aktuarial utama yang digunakan Principal assumptions used in the valuation of
dalam perhitungan imbalan kerja jangka panjang long-term employee benefits are as follows:
adalah sebagai berikut:

2020 2019

Tingkat diskonto 6,74% 8,00% Discount rate

Tingkat kenaikan gaji 10,00%
Tingkat pengunduran diri 4% per tahun sampai dengan
umur 30 tahun, kemudian
menurun sampai 0% pada umur
55 tahun/
4% per annum up to age 30 then
decrease linearly to 0% at 55
Tingkat kematian 100% Tabel Mortalita Indonesia 3/
100% of 3rd Indonesian
Mortality Table
Tingkat kecacatan 5% Tabel Mortalita Indonesia 3/
5% of 3 rd Indonesian Mortality Table
10,00% Salary increment rate
4% per tahun sampai dengan Resignation rate
umur 30 tahun, kemudian
menurun sampai 0% pada umur
55 tahun/
4% per annum up to age 30 then
decrease linearly to 0% at 55
100% Tabel Mortalita Indonesia 3/ Mortality rate
100% of 3rd Indonesian
Mortality Table
5% Tabel Mortalita Indonesia 3/ Disability rate
5% of 3 rd Indonesian Mortality Table

24. Beban Bunga dan Beban Keuangan Lainnya 24. Interest Expense and Other Financial Charges

2020 2019

Beban bunga Interest expense

Utang bank jangka pendek 19.685.685.099 18.448.541.334 Short-term bank loans
Liabilitas sewa 130.143.524 - Lease liabilities
Utang bank jangka panjang - 42.299.115 Long-term bank loans
Liabilities for purchases of property, plant
Pinjaman pembelian aset tetap 12.264.351 31.380.487 and equipment
Administrasi bank dan provisi 5.816.535.141 3.133.407.400 Bank charges and provision

Jumlah 25.644.628.115 21.655.628.336 Total

- 20 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

25. Pajak Penghasilan 25. Income Tax

a. Beban (penghasilan) pajak Perusahaan a. Tax expense (benefit) of the Company

terdiri dari: consists of the following:

2020 2019

Pajak kini 67.287.406.120 38.882.704.750 Current tax

Pajak tangguhan 780.207.209 (3.240.297.982) Deferred tax

Jumlah 68.067.613.329 35.642.406.768 Total

b. Pajak Kini b. Current Tax

Rekonsiliasi antara laba sebelum pajak A reconciliation between profit before tax per
menurut laporan laba rugi dan penghasilan statements of profit or loss and other
komprehensif lain dengan laba kena pajak comprehensive income and taxable income
Perusahaan adalah sebagai berikut: of the Company is as follows:

2020 2019

Laba sebelum pajak - Perusahaan 309.324.460.192 147.976.988.339 Profit before tax of the Company

Perbedaan temporer: Temporary differences:

Cadangan kerugian penurunan
nilai piutang 5.073.506.217 2.977.500.000 Provision for impairment
Long-term employee benefits
Imbalan kerja jangka panjang - bersih 8.911.732.633 9.983.774.041 expense - net
13.985.238.850 12.961.274.041

Perbedaan tetap: Permanent differences:

Sumbangan 4.698.422.058 4.971.696.595 Donations
Representasi 10.699.412.613 6.914.312.573 Representation
Pendapatan bunga yang sudah Interest income already
dikenakan pajak penghasilan final (33.243.882.447) (16.157.043.631) subjected to final tax
Lain-lain 388.195.661 (1.136.408.582) Others
Jumlah (17.457.852.115) (5.407.443.045) Net

Laba kena pajak 305.851.846.927 155.530.819.335 Taxable income

Beban pajak kini Current tax expense

22% x Rp 305.851.846.927 tahun 2020
dan 25% x Rp 155.530.819.000 22% x Rp 305,851,846,927 in 2020
tahun 2019 67.287.406.120 38.882.704.750 and Rp 155,530,819,000 in 2019

Dikurangi pembayaran pajak dimuka Less prepaid taxes

Pasal 22 64.292.128.247 56.258.681.700 Article 22
Pasal 23 269.714.458 1.066.599.499 Article 23
Jumlah 64.561.842.705 57.325.281.199 Total
Utang pajak kini (estimasi tagihan Current tax (estimated claim for
pajak penghasilan) 2.725.563.415 (18.442.576.449) tax refund)

- 21 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

c. Pajak Tangguhan c. Deferred Tax

Rincian dari aset pajak tangguhan The details of deferred tax assets are as
Perusahaan adalah sebagai berikut: follows:
Dikreditkan (dibebankan) ke/ Dikreditkan (dibebankan) ke/
Credited (charged) to Credited (charged) to
Penghasilan Penghasilan
Komprehensif Lain/ Komprehensif Lain/
1 Januari/ Other 31 Desember/ Other 31 Desember/
January 1, Laba Rugi/ Comprehensive December 31, Laba Rugi/ Comprehensive December 31,
2019 Profit or Loss Income 2019 Profit or Loss Income 2020

Liabilitas imbalan kerja

jangka panjang/
Long-term employee benefits
liability 12.289.568.432 2.495.926.980 1.569.571.783 16.355.067.195 (1.657.102.722) 39.053.059 14.737.017.532
Cadangan kerugian penurunan
nilai piutang/
Allowance for impairment 1.249.587.328 744.371.002 - 1.993.958.330 876.895.513 - 2.870.853.843

Aset pajak tangguhan/

Deferred tax assets 13.539.155.760 3.240.297.982 1.569.571.783 18.349.025.525 (780.207.209) 39.053.059 17.607.871.375

Rekonsiliasi antara beban pajak dan hasil A reconciliation between the total tax
perkalian laba akuntansi sebelum pajak expense and the amounts computed by
menurut laporan laba rugi dan penghasilan applying the effective tax rates to profit
komprehensif lain dengan tarif pajak yang before tax per statements of profit or loss
berlaku adalah sebagai berikut: and other comprehensive income is as
follows:

2020 2019

Laba sebelum pajak - Perusahaan 309.324.460.192 147.976.988.339 Profit before tax of the Company

Beban pajak dengan tarif pajak

yang berlaku 68.051.381.038 36.994.267.530 Tax expense at effective tax rates

Pengaruh pajak atas perbedaan tetap: Tax effects of permanent differences:

Sumbangan 1.033.652.853 1.242.924.149 Donations
Representasi 2.353.870.775 1.728.578.143 Representation
Pendapatan bunga yang sudah Interest income already subjected
dikenakan pajak penghasilan final (7.313.654.138) (4.039.260.908) to final tax
Lain-lain 85.403.045 (284.102.146) Others
Jumlah (3.840.727.465) (1.351.860.762) Net
Penyesuaian aset pajak tangguhan 1.843.425.307 - Deferred tax asset adjustment
Dampak perubahan tarif pajak 2.013.534.449 - Impact of change in tax rate

Beban Pajak - Bersih 68.067.613.329 35.642.406.768 Tax Expense - Net

26. Sifat dan Transaksi Pihak Berelasi 26. Nature of Relationships and Transactions with
Related Parties

Sifat Pihak Berelasi Nature of Relationships

a. Perusahaan yang dimiliki secara langsung a. Company which are owned directly or
atau tidak langsung oleh pemegang saham indirectly by the Company’s stockholders are
Perusahaan yaitu PT Menara Thamrin, PT Menara Thamrin, PT Catur Global
PT Catur Global Logistik dan PT Samora Logistik and PT Samora Usaha Makmur
Usaha Makmur.

b. PT Sam Agro Manunggal merupakan entitas b. PT Sam Agro Manunggal is a subsidiary.

anak.

- 22 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

c. PT Sukses Mantap Sejahtera, PT Medan c. PT Sukses Mantap Sejahtera, PT Medan

Sugar Industry dan PT Andalan Furnindo Sugar Industry and PT Andalan Furnindo
merupakan perusahaan yang sebagian have partly the same management as the
pengurus atau manajemennya sama dengan Company.
pengurus manajemen Perusahaaan.

d. Kurnadi Setiawan dan Alwi Setiawan, Dewan d. Kurnadi Setiawan and Alwi Setiawan, Board
Komisaris merupakan pemegang saham of Commissioners are shareholders of
PT Bank Index Selindo. PT Bank Index Selindo.

e. Karyawan kunci, meliputi komisaris dan e. Key management personel comprises of

direksi. commissioners and directors.

Transaksi Pihak Berelasi Transactions with Related Parties

Dalam kegiatan usahanya, Perusahaan In the normal course of business, the Company
melakukan transaksi dengan pihak berelasi, yang entered into certain transactions with related
meliputi antara lain: parties, involving the following:

a. Pada tanggal 31 Desember 2020 dan 2019,
piutang usaha dengan pihak berelasi
merupakan piutang dari PT Andalan
Furnindo dan PT Sam Agro Manunggal
(Catatan 3).
a. As of December 31, 2020 and 2019, trade
accounts receivables from related party
consist of receivable from PT Andalan
Furnindo and PT Sam Agro Manunggal
(Note 3).

b. Pada tanggal 31 Desember 2020 dan 2019, b. As of December 31, 2018, other accounts
piutang lain-lain dengan pihak berelasi receivables from related parties consist of
merupakan piutang dari PT Sam Agro receivable from PT Sam Agro Manunggal,
Manunggal, PT Sukses Mantap Sejahtera PT Sukses Mantap Sejahtera and
dan PT Andalan Furnindo (Catatan 4). PT Andalan Furnindo (Note 4).

c. Pada tanggal 31 Desember 2020 dan 2019, c. As of December 31, 2020 and 2019,
Perusahaan menyewa ruangan kantor dari the Company leases its office space from
PT Menara Thamrin. PT Menara Thamrin.

d. Pada tanggal 31 Desember 2020 dan 2019, d. As of December 31, 2020 and 2019, the
Perusahaan mendapatkan pendapatan Company received interest income from
bunga giro dan deposito dari PT Bank Index current account and time deposits from
Selindo. PT Bank Index Selindo.

e. Pada tanggal 31 Desember 2020 dan 2019,
utang usaha kepada pihak berelasi
merupakan utang kepada PT Catur Global
Logistik, PT Medan Sugar Industry dan
PT Samora Usaha Makmur.
e. As of December 31, 2020 and 2019, trade
accounts payable to related parties consist of
receivable from PT Catur Global Logistik,
PT Medan Sugar Industry and PT Samora
Usaha Makmur.

f. Perusahaan memberikan kompensasi f. The Company provides compensation to

kepada karyawan kunci. Imbalan yang its key management personnel. The
diberikan Perusahaan pada tahun 2020 renumeration in 2020 and 2019 amounted to
dan 2019 masing-masing sebesar Rp 32,103,402,937 and Rp 57,900,916,500,
Rp 32.103.402.937 dan Rp 57.900.916.500. respectively.

- 23 -
PT SENTRA USAHATAMA JAYA PT SENTRA USAHATAMA JAYA
(Entitas Induk) (Parent Company)
Catatan atas Laporan Keuangan Notes to Financial Statements
Untuk Tahun-tahun yang berakhir For the Years Ended
31 Desember 2020 dan 2019 December 31, 2020 and 2019
(Angka-angka Disajikan dalam Rupiah, (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain) unless Otherwise Stated)

27. Pengungkapan Tambahan Laporan Arus Kas 27. Supplement Disclousures for Statement of
Cash Flows

Aktivitas investasi yang tidak mempengaruhi kas The following are the noncash investing activities
Perusahaan: of the Company:

2020 2019

Realisasi uang muka pembelian untuk Acquisition of property, plant and equipment
perolehan aset tetap 12.174.281.100 52.326.217.532 through application of advances

********

- 24 -