Abm Investama 2020

Agile
Operations
in Overcoming
Challenges
Tangkas Mengatasi Tantangan
Laporan Tahunan 2020 ANNUAL REPORT

Sanggahan
dan Batasan Laporan Tahunan 2020 PT ABM Investama Tbk (yang selanjutnya disebut “ABM” atau
“Perseroan”) ini disusun untuk memenuhi ketentuan pelaporan hasil kinerja Perseroan
Tanggung Jawab pada periode 1 Januari 2020 sampai dengan 31 Desember 2020 kepada regulator.
Disclaimer and Scope Laporan Tahunan ini antara lain disusun berdasarkan Peraturan Otoritas Jasa Keuangan
of Responsibility No. 29/POJK.04/2016 tentang Laporan Tahunan Emiten atau Perusahaan Publik dengan
muatan konten sesuai Surat Edaran Otoritas Jasa Keuangan No. 30/SEOJK.04/2016
tentang Bentuk dan Isi Laporan Tahunan Emiten atau Perusahaan Publik, kriteria
Annual Report Award, serta kriteria ASEAN Corporate Governance Scorecard terkait
pengungkapan.
Laporan Tahunan ini memuat pernyataan terkait tujuan, kebijakan, rencana, strategi,
serta hasil operasi dan keuangan yang disusun berdasarkan data faktual yang dapat
dipertanggungjawabkan kebenarannya. Selain itu, Laporan Tahunan ini juga menyajikan
informasi terkait proyeksi kerja Perseroan di tahun selanjutnya yang disusun berdasarkan
pernyataan-pernyataan prospektif dan berbagai asumsi mengenai kondisi mendatang
Perseroan, serta lingkungan bisnis yang terkait, sehingga dapat mengakibatkan
perkembangan aktual secara material berbeda dari yang dilaporkan. Oleh karena itu,
Perseroan mengimbau agar pemangku kepentingan dapat menggunakan informasi
tersebut secara bijak dalam pengambilan keputusan.
The 2020 Annual Report of PT ABM Investama Tbk (hereinafter referred to as “ABM” or
“the Company”) was prepared to meet the requirements of reporting the Company’s
performance results for the period of 1 January 2020 to 31 December 2020 to the regulator.
This Annual Report has been compiled based on OJK Regulation No. 29/POJK.04/2016
on Annual Reports of Issuers or Public Companies with content in accordance with
Financial Services Authority Circular Letter No. 30/SEOJK.04/2016 concerning the Form
and Content of the Issuers or Public Companies Annual Reports, Annual Report Award
criteria, and ASEAN Corporate Governance Scorecard criteria concerning disclosure of
information.
This Annual Report contains statements related to objectives, policies, plans, strategies,
and results of operations and finance compiled based on factual data that is justifiable.
In addition, this Annual Report also presents information related to the Company’s work
projections for the following year compiled based on prospective statements and various
assumptions regarding the Company’s future conditions, as well as the related business
environment, which may result in actual developments that are materially different from
those reported. Therefore, the Company urges stakeholders to use the information with
discretion in their decision making.
Kamus Istilah / Glossary

PT ABM Investama Tbk......................................................................ABM Grup ABM / Group ABM.............................................ABM dan/and Entitas
PT Agata Nugraha Nastari.................................................................. ANN PT Media Djaya Bersama.................................................................... MDB
PT Alfa Trans Raya..............................................................................ATR PT Mifa Bersaudara........................................................................... Mifa
PT Anzara Janitra Nusantara............................................................. AJN Metric Tons......................................................................................... MT
Bank Cubic Meters............................................................................. BCM PT Prima Wiguna Parama..................................................................PWP
PT Bara Energi Lestari........................................................................BEL PT Reswara Minergi Hartama...................................................... Reswara
PT Baruna Dirga Dharma.................................................................... BDD PT Sumberdaya Sewatama...................................................... Sewatama
PT Cipta Krida Bahari..........................................................CKB Logistics PT Sanggar Sarana Baja......................................................................SSB
PT Cipta Kridatama..............................................................................CK PT Tunas Inti Abadi..............................................................................TIA
Core Values Leadership Traits..........................................................CVLT PT Tiara Marga Trakindo.................................................................... TMT
Gross As Received............................................................................. GAR PT Trakindo Utama..................................................................... Trakindo
Agile Operations in Overcoming Challenges
Tangkas Mengatasi Tantangan
PT ABM Investama Tbk telah berhasil mengatasi berbagai PT ABM Investama Tbk has successfully weathered the
rintangan yang timbul akibat ketidakpastian di tengah tremendous headwinds of uncertainty brought about by
pandemi selama 2020, dengan mengandalkan landasan the pandemic in 2020, thanks to the resilient foundation
kokoh yang selama ini telah dibangun dalam wujud etos kerja it has built over the years in its people’s work ethic and
dan kompetensi sumber daya manusia, keluwesan organisasi, competence, in its organizational versatility, and in its
dan teknologi digital yang diadopsi. Di atas landasan ini, discerning adoption of digital technology. Armed with this
Perseroan terus menciptakan nilai yang bermanfaat bagi foundation, the Company continued to deliver value to
semua pemangku kepentingan di sepanjang rantai nilai all stakeholders throughout its entire mining value chain.
pertambangan. Perseroan dapat melakukan ini karena telah The Company has done so by undertaking an ongoing
bertransformasi menjadi organisasi yang tangkas, serta transformation to become an agile organization, which
ramping di seluruh lini operasi. Upaya untuk menumbuhkan takes place throughout its operations. Fostering a fruitful
sinergi yang kuat antara seluruh Entitas Anak sekaligus synergy among its subsidiaries and ensuring an efficient
untuk memanfaatkan seluruh sumber daya secara efisien use of resources has resulted in optimum performance.
telah membuahkan kinerja bisnis yang optimal. Seiring And as it secures its business for the long term, it also
Perseroan memastikan keberlangsungan usaha untuk unreservedly protects its people’s safety, health, and well-
jangka panjang, Perseroan juga melindungi kesehatan, being. Together with its people, and with the support of all
keselamatan, dan kesejahteraan karyawan. Bersama stakeholders, the Company is taking a bold move as it goes
mereka, dan didukung semua pemangku kepentingan, beyond its achievements to date, venturing further to reap
Perseroan melangkah dengan berani untuk menyambut greater successes in the future.
masa depan yang sarat dengan potensi menjanjikan.
INILAH KITA INILAH CARA INILAH TUJUAN

THIS IS US KITA BEKERJA AKHIR KITA
THIS IS THE WAY THIS IS THE FINAL
WE WORK PURPOSE
Teamwork
Dare to Take
Responsible
Risks
More Productive
(Revenue Growth, EBIDA Growth)
SINERGY
Think Out
Ca
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Decisive
pa
of the Box
ltu dri
More Efficient
bil
Cu nce-
it
(Lower Cost of Sales & Lower SG&A)

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BE BOLD
Pe
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GO BEYOND
Do Extra
Firm
Mile
Accountability Excellence High Engagement Level
AGILITY INNOVATION
Agile Organization
Be BOLD Break The

Go BEYOND Limit Continuous
Proactive
Development
Sustainable
2020 Annual Report 1

PT ABM Investama Tbk
Kesinambungan Tema
Theme Continuity
2019 2018
Integrated Value Chain for Sustainable Business Strengthening Synergy, Advancing Core Business
Rantai Nilai Terpadu untuk Bisnis yang Berkelanjutan Memperkuat Sinergi, Memajukan Bisnis Inti
Tantangan di industri batu bara mendorong peningkatan Keputusan strategis di tahun 2017 untuk kembali ke
implementasi strategi Mining Value Chain di PT ABM bisnis inti batu bara diwujudkan di sepanjang 2018 melalui
Investama Tbk dengan Entitas Anak. Kegiatan usaha berbagai inisiatif. Dengan kekuatan sinergi kelompok
yang saling terintegrasi ini mendorong optimalisasi peran usahanya, Grup ABM memperkuat bisnis tambang batu
dari masing-masing Entitas di dalam Grup ABM sehingga bara dari hulu hingga ke hilir, mulai dari penambangan
kinerja operasional secara konsolidasi dapat terus hingga pengapalan. Inisiatif ini bukan tanpa alasan.
meningkat. Strategi ini juga meningkatkan efisiensi biaya Kompetensi utama Grup ABM pada industri pertambangan
operasional sehingga Perseroan masih membukukan laba batu bara telah memiliki bukti, dan menjadi modal untuk
walaupun harga batu bara sempat terkoreksi. memajukan bisnis inti tersebut.
Strategi sekaligus komitmen bisnis jangka panjang Penguatan sinergi pada sumber daya manusia,
tersebut ditujukan agar Perseroan tetap tumbuh proses, dan sistem, menjadi sebuah langkah untuk
berkelanjutan. Oleh karena itu, implementasi strategi juga dapat memetakan sumber daya yang dimiliki
disertai dengan komitmen tanggung jawab pada aspek Grup ABM dan mengoptimalkannya untuk dapat mencapai
ekonomi, sosial, dan lingkungan sehingga Perseroan hasil terbaik. Kinerja keuangan tahun 2018 menjadi
menjadi partner of community bagi seluruh pemangku cermin keberhasilan tersebut, yang akan memberikan
kepentingan yang terkait. kepercayaan diri bagi Grup ABM untuk terus meningkatkan
potensinya, mewujudkan operational excellence, dan
Challenges faced by the coal industry has driven the memberikan nilai tambah bagi seluruh Pemegang Saham.
improvement of implementing Mining Value Chain strategy
in PT ABM Investama Tbk and its Subsidiaries. Integrated The Company strategic decision in 2017 to return to its
business activities pushed the optimization of respective core business of coal was implemented in 2018 through
Subsidiary role in ABM Group, thus improving Group entire various initiatives. With the strength of synergy in its group
operational performance. This strategy has also enhanced of business, ABM Group has strengthened its upstream
operational cost efficiency, thus enabling the Company to to downstream coal mining business, from mining to
continue to book profit despite the slumping coal prices. transshipment. This initiative was well-grounded. ABM
Group main competencies in coal mining industry are
The aim of the strategy and long-term business commitment wellproven and become the driving force in advancing the
is to enable the Company to grow sustainably. The group core business.
implementation of this strategy and a commitment to be
responsible for the economic, social, and environmental will Strengthening the synergy in human resources, processes
support the Company in becoming a partner of community and systems, was a step to map the resources of ABM Group
to all its relevant stakeholders. and optimize them to achieve the best results. The 2018
financial performance was a reflection of this success,
which will give confidence to ABM Group to continue to
boost its potential, realize operational excellence, and
provide added value to all Shareholders.
2 Laporan Tahunan 2020

2017 2016
Creating the Solid Platform to Sustainable Growth

Progressing Towards Sustainable Future
Menciptakan Platform yang Solid untuk Pertumbuhan
Menuju Masa Depan yang Berkelanjutan
yang Berkelanjutan
Tren peningkatan harga batu bara yang dimulai sejak akhir Keberhasilan ABM dalam menjalankan strategi diversifikasi
2016 dan terus berlanjut di sepanjang 2017 telah membawa dengan berlandaskan pada semangat untuk meningkatkan
angin segar bagi pelaku usaha industri pertambangan efisiensi di seluruh lini operasi sepanjang 2016 membuat
batu bara, khususnya di Indonesia. Di tengah kondisi yang ABM tak hanya mampu mencetak laba bersih, tetapi juga
demikian menjanjikan, ABM menempuh strategi untuk siap menyambut tahun-tahun mendatang dengan postur
memperkuat platform pada bisnis penambangan dan operasional yang lebih ramping dan lincah.
penjualan batu bara.
ABM’s success in implementing its strategy of diversification
The rising trend in coal prices that began in late 2016 and based on the spirit of greater efficiency across all lines of
continued throughout 2017 had brought a breath of fresh air business throughout 2016 resulted not only in a profitable
to coal mining industry, especially in Indonesia. In the midst ABM, but also a more streamlined and agile ABM that is
of such promising conditions, ABM pursued a strategy to ready to perform with excellence in the coming years.
strengthen its business platform in the coal mining and
sales business.

Ekosistem Terintegrasi:
Dari Penambangan Hingga
Perdagangan
Integrated Ecosystem:
From Mining to Trading
Perdagangan dan Pemasaran Batubara

Coal Trading and Marketing
Salah satu penyedia dan pemasar batu bara kalori peringkat
menengah terbaik di Indonesia. Layanan premium Reswara
menawarkan kualitas yang akurat, ketepatan waktu pengiriman,
dan berorientasi pada kepuasan pelanggan. / One of the best
middle rank calorie coal provider and marketer in Indonesia.
Reswara’s premium service offers a quality accuracy of quality,
timeliness of delivery, and customer satisfaction oriented.
Kontraktor Penambangan
Mining Contractor
Perusahaan kontraktor pertambangan dengan layanan
terpadu satu pintu yang didukung oleh peralatan dan
metode modern untuk mencapai produksi yang maksimal
dengan efisiensi yang optimal sesuai kebutuhan mitra
bisnis. / A mining contractor company with one-stop
integrated services supported by modern equipment and
methods to achieve maximun production with optimal
efficiency align in accordance of business partner needs.

PT ABM Investama Tbk (“ABM”) mengejar visi luhur menjadi PT ABM Investama Tbk (“ABM”) pursues a lofty vision of
perusahaan dengan investasi strategis di bidang pertambangan becoming a strategic investments company with integrated
terintegerasi yang mengelola keseluruhan rantai nilai mining solution that manages the entire mining value chain.
pertambangan, seperti sumber daya pertambangan, jasa This includes mining resources, mining services and mining
pertambangan dan infrastruktur pertambangan, serta didukung infrastructure and supported by leading logistics and
oleh perusahaan logistik dan jasa rekayasa terkemuka. engineering services companies.
Jasa Bahan Bakar dan Pelumas

Fuel and Lubricant Solutions
Perusahaan perdagangan bahan bakar dan pelumas untuk sektor
industri dan pertambangan dengan sistem manajemen distribusi yang
efisien. / A fuel and lubricant trading company for the industrial and
mining sectors with an efficient distribution management system.
Jasa Rekayasa dan Pabrikasi

Engineering and Fabrication Solutions
Perusahaan jasa terintegrasi yang menyediakan dan
menampung berbagai produk dan jasa manufaktur untuk
kegiatan industri pertambangan serta minyak dan gas bumi. /
An integrated engineering company that provides and
accommodates a variety of product and manufacturing services
for the mining as well as oil and gas industry activities.
Solusi Logistik dan Transportasi

Logistics and Transport Solutions
Perusahaan logistik terintegrasi terkemuka di Indonesia yang
menyediakan layanan logistik multimoda dari udara, laut, dan
darat serta layanan pergudangan dan pengiriman barang. /
An Indonesia's leading integrated logistics company providing
multimodal logistic services from air, sea and land as well as
warehousing and freight forwarding services.

Pencapaian 2020
2020 Year in Review
Pendapatan dari Kontrak Laba Usaha Total Liabilitas

dengan Pelanggan Profit from Operations Total Liabilities
Revenue from Contracts with Customers
2020 : US$606.41 juta / million 2020 : US$16.30 juta / million 2020 : US$665.49 juta / million
2019 : US$592,39 juta / million 2019 : US$53,55 juta / million 2019 : US$609,04 juta / million
Laba Bruto Total Aset Total Ekuitas

Gross Profit Total Assets Total Equity
2020 : US$101.52 juta / million 2020 : US$827.24 juta / million 2020 : US$161.75 juta / million
Volume Penjualan Batu Bara Volume Pemindahan Lapisan Penutup

Coal Sales Volume Overburden Removal Volume
2020 : 11,63 juta ton / million tons 2020 : 140,15 juta ton / million tons
Volume Produksi Batu Bara

Coal Production Volume
2020 : 12.56 juta ton/million tons


Komitmen Korporasi yang Sehat
dan Bertanggung Jawab
Commitment to Becoming a Sound and Responsible Corporation
2020 2019
ABM telah menerapkan 88% dari standar minimum
Meningkatkan kualitas dan menguatkan struktur terkait penerapan prinsip GCG berbasis ACGS.
GCG Grup ABM melalui pembentukan Tim GCG yang Pencapaian ini diperoleh berdasarkan hasil validasi
implementasi yang dilakukan oleh Audit Internal ABM
terbagi dalam 3 bidang kerja, yaitu bidang etika atas rekomendasi perbaikan yang diberikan oleh
dan nilai utama, bidang sosial dan kegiatan, serta pihak ketiga independen atas assessment penerapan
bidang riset dan pengembangan. prinsip GCG berbasis ACGS tahun 2017.
ABM has implemented 88% of the minimum standards

Enhancing the quality and strengthening the GCG of ACGS based GCG principles. This achievement
was based on implementation validation results
structure of ABM Group by establishing the GCG
conducted by ABM Internal Audit on the improvement
Team, which is divided into there work groups, i.e., recommendation given by independent third party on
ethics and core values, social and activities, and the assessment of ACGS based GCG principles in 2017.
research and development.
Volume Penyewaan Alat

untuk Pengambilan Batu Bara
2018
Equipment Rental Volume for Coal Getting Assessment tingkat maturitas penerapan GCG
memperoleh nilai rata-rata 2,75 dari nilai 4 sebagai
2020 : 27,61 juta ton/million tons skor tertinggi. Hal ini menunjukkan bahwa secara
2019 : 18,55 juta ton/million tons umum mayoritas kebijakan atau prosedur yang
2018 : 20,00 juta ton/million tons relevan telah dimiliki dan dipraktikkan.
Assessment of the maturity level of GCG

implementation by achieving an average value of
2.75 from the value of 4 as the highest score, where
in general the majority of the relevant policies or
procedures have been owned and practiced.

Tonggak Sejarah
Milestones
Desember / December
1970 23 Desember: AHK Hamami mendirikan Agustus / August
PT Trakindo Utama (“Trakindo”), satu-satunya 2009
TMT mengambil alih PT Adiratna Bani
distributor resmi dari peralatan berat dan
Makmur dan mengubah namanya menjadi
mesin Caterpillar di Indonesia.
PT ABM Investama Tbk (“ABM”). ABM kemudian
23 December: AHK Hamami established menjadi Pemilik Saham Mayoritas SSB,
PT Trakindo Utama (“Trakindo”), the sole Sewatama, CKB Logistics, dan TIA. ABM juga
authorized distributor of Caterpillar heavy mengakuisisi saham minoritas CK.
equipment and machinery in Indonesia.
TMT acquired PT Adiratna Bani Makmur and
changed its name to PT ABM Investama Tbk (“ABM”).
ABM then became the Majority Shareholder of
Maret / March
SSB, Sewatama, CKB Logistics, and TIA. ABM
1977 19 Maret: PT Sanggar Sarana Baja (“SSB”) also acquired a minority stake in CK.
didirikan sebagai Entitas Anak Trakindo yang
menyediakan rancangan (desain) dan pelayanan
pabrikasi untuk peralatan berat.
19 March: PT Sanggar Sarana Baja (“SSB”) was Desember / December
established as a Subsidiary of Trakindo, to
provide design and manufacturing services for 18 Desember: Grup ABM mengambil alih 2007
heavy equipment. TIA, pemilik konsesi batu bara di Kalimantan
Selatan.
18 December: ABM Group acquired TIA, a coal
Maret / March concession owner in South Kalimantan.
1992 27 Maret: PT Sumberdaya Sewatama
(“Sewatama”) didirikan sebagai Entitas Anak
Trakindo yang menyewakan genset untuk November / November
berbagai proyek. 2006
28 November: PT Alfa Trans Raya (“ATR”)
27 March: PT Sumberdaya Sewatama dibentuk sebagai Entitas Anak CKB Logistics
(“Sewatama”) was established as a Subsidiary yang bergerak di bidang usaha perkapalan,
of Trakindo that operates in leasing power khususnya pada sektor terkait industri energi.
generators for various projects.
28 November: PT Alfa Trans Raya (“ATR”) was
established as a Subsidiary of CKB Logistic that
operates in shipping line of business, primarily
April / April
serving energy-related industrial sectors.
1997 8 April: PT Cipta Kridatama (“CK”) didirikan dan
bergerak di bidang jasa pelayanan sewa alat
berat. CK kemudian beralih fungsi menjadi
kontraktor pada industri pertambangan. Agustus / August
8 April: PT Cipta Kridatama (“CK”) was 16 Agustus: PT Tiara Marga Trakindo (“TMT”) 2000
established to engage in the rental of heavy berdiri sebagai perusahaan induk terintegrasi
equipment. CK then changed its business into a bagi Trakindo dan Entitas Anak lainnya.
mining contractor. 16 August: PT Tiara Marga Trakindo (“TMT”) was
established as an integrated holding company
Mei / May for Trakindo and its Subsidiaries.
9 Mei: PT Cipta Krida Bahari (“CKB Logistics”)
didirikan sebagai perusahaan freight forwarding.
9 May: PT Cipta Krida Bahari (“CKB Logistics”) was
established as a freight forwarding company.

Maret / March
31 Maret: Valle Verde Pte Ltd melakukan 2011
konversi Obligasi Wajib Konversi yang setara
dengan 64,71% saham ABM.
31 March: Valle Verde Pte Ltd converted its
Mandatory Convertible Bonds equivalent to
Oktober dan Desember / 64.71% shares of ABM.
2009 October and December
Mei / May
1 Oktober dan 14 Desember: Perseroan • 23 Mei: PT Nagata Bisma Shakti (“NBS”) dan
menerbitkan Obligasi Wajib Konversi ("MCB") PT Pradipa Aryasatya (“Pradipa”) didirikan
sebesar Rp757,12 miliar yang diambil seluruhnya untuk melihat potensi energi terbarukan
oleh AHK Holdings Pte Ltd, perusahaan dan energi termal sejalan dengan rencana
terafiliasi yang berkedudukan di Singapura. ekspansinya ke Pembangkit Tenaga Listrik
1 October and 14 December: The Company Independen/Captive.
issued Mandatory Convertible Bonds ("MCB") • 26 Mei: CKB Logistics mendirikan
in amount of Rp757.12 billion, which fully PT Baruna Dirga Dharma (“BDD”), perusahaan
subscribed by AHK Holdings Pte Ltd, an transportasi batu bara, layanan tongkang,
affiliated company based in Singapore. dan kapal tunda.
• 23 May: PT Nagata Bisma Shakti (“NBS”)
and PT Pradipa Aryasatya (“Pradipa”) were
established to see the potential of renewable
Oktober / October energy and thermal energy, this is in line with
2010 its expansion plan to the Independent Captive
19 Oktober: Reswara didirikan dan diposisikan
Power Plant.
sebagai subholding di bidang pertambangan
• 26 May: CKB Logistics established
terintegrasi batu bara.
PT Baruna Dirga Dharma (“BDD”) as a coal
19 October: Reswara was established as a transportation, tugging and barging services
subholding in the integrated coal mining business. company.
Desember / December Juni / June
• 10 Desember: ABM menjadi Pemegang • 26 Juni: SSB mendirikan PT Prima Wiguna
Saham Mayoritas CK. Parama (“PWP”) untuk mengelola
• 14 Desember: AHK Holdings Pte Ltd penanganan peralatan industri energi.
mengalihkan seluruh MCB Perseroan kepada • 28 Juni: Reswara mengakuisisi
Valle Verde Pte Ltd, perusahaan terafiliasi PT Media Djaya Bersama (“MDB”) dan
lainnya yang juga berkedudukan di Singapura. operator 2 konsesi batu bara di Aceh,
• 20 Desember: Reswara mendirikan yaitu PT Mifa Bersaudara (“Mifa”) dan
PT Pelabuhan Buana Reja (“PBR”) untuk PT Bara Energi Lestari (“BEL”).
mengelola pelabuhan batu bara, khususnya
• 26 June: SSB established PT Prima Wiguna
compliant coal yang diproduksi oleh TIA dan
Parama (“PWP”) to handle the energy industry
batu bara lainnya.
equipment business.
• 10 December: ABM became the Majority • 28 June: Reswara acquired PT Media Djaya
Shareholder of CK. Bersama (“MDB”) and two coal mining
• 14 December: AHK Holdings Pte Ltd transferred concession operators in Aceh, namely
all its MCB to Valle Verde Pte Ltd, another PT Mifa Bersaudara (“Mifa”) and PT Bara Energi
affiliated company based in Singapore. Lestari (“BEL”).
• 20 December: Reswara established
PT Pelabuhan Buana Reja (“PBR”) to manage Desember / December
its coal port, especially for compliant coal • 6 Desember: ABM resmi menjadi perusahaan
produced by TIA and other types of coal. terbuka dengan mencatatkan saham
perdananya di Bursa Efek Indonesia.
• 6 December: ABM officially became a public
company by listing its shares on the Indonesia
Stock Exchange.

Januari / January Oktober / October

2012 18 Januari: PT Nagata Dinamika (“ND”) didirikan 2016
25 Oktober / 25 October :
sebagai induk usaha untuk pembangkit listrik • ABM mengakuisisi PT Pradipa Aceh Daya
independen (independent power producer/
(sebelumnya Entitas Anak PT Sumberdaya
IPI) menggunakan sumber energi terbarukan
Sewatama) sebagai Entitas Anak Perseroan.
(renewable) di wilayah Indonesia bagian timur.
• PT Pradipa Aceh Daya mengubah nama
18 January: PT Nagata Dinamika (“ND”)
menjadi PT Anzara Janitra Nusantara (“AJN”).
was established as the holding company
of independent power producer (IPP) using • ABM acquired PT Pradipa Aceh Daya (previously
renewable source of energy in the eastern region a Subsidiary of PT Sumberdaya Sewatama) as
of Indonesia. the Company’s Subsidiary.
• PT Pradipa Aceh Daya changed its name to
PT Anzara Janitra Nusantara (“AJN”).
April / April
2013 29 April: PT NDH Madong didirikan untuk November / November
menjalankan IPP tenaga air di daerah Madong,
Sulawesi Selatan. • 16 November: AJN mengambil alih seluruh
saham milik NBS di ND (berikut dengan
29 April: PT NDH Madong was established to run
the hydropower IPP business in Madong, South Entitas Anaknya secara tidak langsung),
Sulawesi. sehingga AJN menjadi Pemegang Saham
Mayoritas di ND.
• 22 November: ND mengambil alih seluruh
Januari / January saham milik NBS di NBE dan NBD, sehingga
ND menjadi Pemegang Saham Mayoritas di
2014 22 Januari: PT Punggawa Nagata Dinamika NBE dan NBD.
Hidro didirikan untuk menjalankan IPP tenaga
• 24 November: AJN dan Sewatama mendirikan
air di daerah Punggawa, Sulawesi Selatan.
PT Andara Candria Energi (“ACE”).
22 January: PT Punggawa Nagata Dinamika
Hidro was established to run a hydropower IPP • 16 November: AJN acquired all the shares of
business in Punggawa, South Sulawesi. NBS in ND (along with the indirect subsidiaries),
thus AJN became the Majority Shareholder of
Mei / May ND.
• 22 November: ND acquired all the shares of
12 Mei: PT Pradipa Aceh Daya didirikan untuk
NBS in NBE and NBD, thus ND became the
menjalankan IPP tenaga uap di wilayah Aceh.
Majority Shareholder of NBE and NBD.
12 May: PT Pradipa Aceh Daya was established to
• 24 November: AJN and Sewatama
run a steam-powered IPP in Aceh.
established PT Andara Candria Energi (“ACE”).
September / September
15 September: PT Nagata Bio Energi (“NBE”)
didirikan untuk menjalankan IPP tenaga biogas
di daerah Sukadamai, Kalimantan Selatan.
15 September: PT Nagata Bio Energi (“NBE”) was Juni / June
established to run a biogaspowered IPP business 2015
17 Juni: Grup ABM mendirikan PT Dianta Daya
in Sukadamai, South Kalimantan.
Embara (DDE) untuk menjalankan bisnis jasa
Oktober / October kurir.
17 June: ABM Group established PT Dianta
28 Oktober: PT Nagata Dinamika Hidro Buakayu
Daya Embara (“DDE”) to run the courier services
Ulu, PT Nagata Dinamika Hidro Buakayu, dan
business.
PT Nagata Dinamika Hidro Pongko didirikan untuk
menjalankan IPP tenaga air di daerah Buakayu Juli / July
Ulu, Buakayu, dan Pongko, Sulawesi Selatan.
6 Juli: PT Nagata Biogas Dwienergi didirikan
28 October: PT Nagata Dinamika Hidro Buakayu untuk menjalankan IPP tenaga biogas.
Ulu, PT Nagata Dinamika Hidro Buakayu,
6 July: PT Nagata Biogas Dwienergi was
and PT Nagata Dinamika Hidro Pongko, were
established to run a biogas-powered IPP business.
established to run hydropower IPPs in Buakayu
Ulu, Buakayu, and Pongko, South Sulawesi.

Januari / January
Mei / May 2020
13 Januari: Perubahan status SSD menjadi
2017 2 Mei: ABM mengambil alih 99% saham Entitas Asosiasi sehubungan dengan
PT Prima Wiguna Parama (“PWP”) dari SSB penambahan setor modal oleh PT Sammitr
dan memfokuskan PWP sebagai perusahaan Motor Indonesia (“SMI”) yang menyebabkan
perdagangan bahan bakar minyak untuk sektor kepemilikan SSB di SSD terdilusi menjadi 40%.
industri dan pertambangan. 13 January: Change of status of
2 May: ABM acquired 99% shares of SSD to an Associated Entity in line with the
PT Prima Wiguna Parama (“PWP”) from SSB and additional paid-up capital made by PT Sammitr
set PWP to focus as petrol and lubricant trading Motor Indonesia (“SMI”) causing SSB ownership
company in the mining and industry sectors. in SSD to be diluted down to 40%.
Agustus dan November /

August and November
Desember / December
1 Agustus dan 28 November: Perseroan
menerbitkan Global Bonds di Bursa Efek 21 Desember: PT Pelabuhan Buana Reja
Singapura senilai AS$350 juta dengan kupon mengambil alih aset kepelabuhanan milik
sebesar 7,125%. PT Tunas Inti Abadi (“TIA”) yang berlokasi
di Kalimantan Selatan, untuk mendukung
1 August and 28 November: The Company issued
kegiatan usahanya.
Global Bonds in the Singapore Stock Exchange
valued at US$350 million with a coupon of 21 December: PT Pelabuhan Buana Reja took
7.125%. over the port assets belonging to PT Tunas
Inti Abadi (“TIA”), which is located in South
November / November Kalimantan, to support its business activities.
16 November: SSB mendirikan PT SSB Sammitr

Distribution (“SSD”) bersama dengan PT Sammitr
Indonesia untuk menjalankan usaha penyediaan
suku cadang kendaraan alat berat/truk.
16 November: SSB established PT SSB Sammitr
Distribution (“SSD”) together with PT Sammitr April / April
Indonesia to run the business of heavy equipment • 26 April: Perseroan melakukan divestasi saham
and truck spare parts provision. di PT Nagata Dinamika Hidro Madong yang 2019
diakuisisi seluruh sahamnya oleh perusahaan
Desember / December
lain di luar Grup ABM.
28 Desember: CKB Logistics mengambil alih • 26 April: The Company divested all of its shares in
seluruh saham milik Reswara di PBR, sehingga PT Nagata Dinamika Hidro Madong, which were
CKB Logistics menjadi Pemegang Saham taken over by other company outside ABM Group.
Mayoritas di PBR.
Agustus / August
28 December: CKB Logistics acquired all the
shares of Reswara in PBR, thus CKB Logistics • 14 Agustus: Reswara mengambil alih
became the Majority Shareholder of PBR. kepemilikan saham mayoritas PT Nagata
Hidro Buakayu dari PT Nagata Dinamika dan
mengganti nama perusahaannya menjadi
PT Agata Nugraha Nastari (“ANN”).
November / November
• 14 August: Reswara took over all majority
2018 30 November: Sewatama menerbitkan shares of PT Nagata Hidro Buakayu from
saham baru yang diambil alih seluruhnya oleh PT Nagata Dinamika and changed its name to
PT Godra Investama Mandiri (“GIM”) (perusahaan PT Agata Nugraha Nastari (“ANN”).
di luar Grup ABM) yang menyebabkan terjadinya
perubahan pengendalian atas Sewatama dari Oktober / October
ABM kepada GIM. • 31 Oktober: Perseroan melakukan investasi
30 November: Sewatama issued new shares that pada PT Multi Harapan Utama (“MHU”) sejumlah
were entirely acquired by PT Godra Investama 10% saham yang dikeluarkan MHU melalui ANN.
Mandiri (“GIM”), a company outside of ABM Group, • 31 October: The Company invested in PT Multi
resulting in a change of majority ownership in Harapan Utama (“MHU”) amounting to 10% of
Sewatama from ABM to GIM. issued shares in MHU through ANN.

Daftar Isi
Table of Contents
01
Kilas Kinerja 2020
2020 Performance Overview
18 Ikhtisar Data Keuangan Penting /

Key Financial Highlights
22 Ikhtisar Operasional / Operational Highlights
23 Ikhtisar Saham / Share Highlights
24 Ikhtisar Obligasi, Sukuk, atau Obligasi Konversi /
Bonds, Sukuk, and Convertible Bonds Highlights
25 Peristiwa Penting / Important Events
26 Penghargaan, Sertifikasi, dan Asosiasi /
Awards, Certification, and Associations
02
Laporan Manajemen
Management Reports
36 Laporan Dewan Komisaris /

Report of the Board of Commissioners
42 Laporan Direksi / Report of the Board of Directors
49 Tanggung Jawab Laporan Tahunan /
Annual Report Responsibility

03
Profil Perusahaan
Company Profile
52 Informasi Umum dan Identitas Perusahaan /

General Information and Company Identity
54 Riwayat Singkat / Brief History
56 Bidang Usaha / Line of Business 84 Komposisi Pemegang Saham /
Shareholders Composition
58 Visi, Misi, Nilai Inti, dan Sikap Kepemimpinan /
Vision, Mission, Core Values, and Leadership Traits 90 Daftar Entitas Anak dan Entitas Asosiasi/Joint
Venture / List of Subsidiaries and Associated
62 Makna Logo Perusahaan / Corporate Logo Entities/Joint Ventures
Rationale
100 Struktur Grup ABM / ABM Group Structure
63 Struktur Organisasi / Organizational Structure
102 Kronologi Pencatatan Saham / Chronology of
64 Profil Dewan Komisaris / Profile of the Board of Share Listing
Commissioners
102 Kronologi Pencatatan Efek Lainnya / Chronology of
68 Profil Direksi / Profile of the Board of Directors Other Securities Listing
72 Profil Pejabat Eksekutif / Executive Officers 103 Lembaga dan Profesi Penunjang / Supporting
Profiles Professions and Institutions
74 Profil Komite di Bawah Dewan Komisaris / 106 Wilayah Operasional, dan Jaringan Usaha /
Profiles of Committees Under the Board of Operational Area and Business Network
Commissioners
110 Alamat Entitas Anak, Kantor Cabang, dan Kantor
82 Profil Sekretaris Perusahaan / Perwakilan / Addresses of Subsidiaries, Branch
Corporate Secretary Profile Offices, and Representative Offices
83 Profil Kepala Unit Audit Internal / Internal Audit 112 Informasi pada Situs Web Perusahaan /
Unit Head Profile Information on the Company Website
04
Analisis dan Pembahasan Manajemen
Management Discussion and Analysis
118 Tinjauan Perekonomian dan Industri /

Economic and Industry Review
121 Tinjauan Operasi per Segmen Usaha /
Operational Review per Business Segment
145 Tinjauan Keuangan / Financial Review
166 Aspek Pemasaran / Marketing Aspects
168 Tinjauan Keuangan Lainnya /
Other Financial Reviews
179 Informasi Kelangsungan Usaha /
Business Continuity Information

05
Tata Kelola Perusahaan
Good Corporate Governance
182 Pentingnya Implementasi Tata Kelola

Perusahaan / Importance of Good
Corporate Governance Implementation
183 Dasar Penerapan Tata Kelola Perusahaan / 294 Sistem Manajemen Risiko /
Good Corporate Governance Basic Risk Management System
Implementation
306 Sistem Pengendalian Internal / Internal
184 Penerapan Asas Tata Kelola Perusahaan / Control System
Implementation of Good Corporate
Governance Principles 311 Tata Kelola Teknologi Informasi /
Information Technology Governance
185 Pilar Tata Kelola Perusahaan /
Corporate Governance Pillars 319 Perkara Penting / Important Issues
190 Peningkatan Kualitas Tata Kelola 323 Akses Informasi dan Data Perusahaan /
Perusahaan / Good Corporate Governance Access to the Company’s Information and
Quality Improvement Data
198 Rapat Umum Pemegang Saham / 330 Kode Etik / Code of Ethics
General Meeting of Shareholders 333 Pakta Integritas / Integrity Pact
208 Dewan Komisaris / Board of 334 Gratifikasi dan Kebijakan Anti Korupsi /
Commissioners Anti-Bribery and Corruption Policies
219 Direksi / Board of Directors 335 Kebijakan Insider Trading / Insider Trading
230 Transparansi Informasi tentang Dewan Policy
Komisaris dan Direksi Tahun 2020 / 336 Informasi Pemberian Dana untuk
Disclosure of Information on the Board of Kegiatan Politik / Information on Funding
Commissioners and the Board of Directors for Political Activities
in 2020
336 Pengelolaan Potensi Benturan
238 Komite di Bawah Dewan Komisaris / Kepentingan / Conflict of Interest
Committees Under Board of Management
Commissioners
337 Kebijakan Pengadaan Barang dan Jasa /
268 Komite di Bawah Direksi / Committees Procurement of Goods and Services Policy
Under Board of Directors
338 Sistem Pelaporan Pelanggaran /
276 Sekretaris Perusahaan / Corporate Whistleblowing System
Secretary
345 Transparansi Praktik Bad Governance /
280 Hubungan Investor / Investor Relations Transparency of Bad Governance
281 Unit Audit Internal / Internal Audit Unit Practices
291 Akuntan Publik / Public Accountant 347 Penerapan Pedoman Tata Kelola
Perusahaan Terbuka / Implementation of
Good Corporate Governance Guidelines
for Public Companies

06
Tanggung Jawab Sosial dan Lingkungan
Social and Environmental Responsibility
358 Tata Kelola Tanggung Jawab Sosial dan Lingkungan /

Social and Environmental Responsibility Governance
365 Pendekatan Holistik Terintegrasi dalam Pelaksanaan TJSL /
Holistic Approach Integrated in the Implementation of SER
369 Tanggung Jawab Sosial / Social Responsibility
412 Tanggung Jawab Lingkungan / Environmental Responsibility
07
Laporan Keuangan Konsolidasian
Consolidated Financial Statements


Kilas
Kinerja 2020
2020 Performance Overview

Ikhtisar Data Keuangan Penting

Key Financial Highlights
dalam ribuan AS$, kecuali dinyatakan lain / in thousands of US$, unless otherwise stated
CAGR
YoY
Uraian 2016-
2020 2019 2018 2017 2016 2019-2020
Description 2020
(%)
(%)
Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian /

Consolidated Statement of Profit or Loss and Other Comprehensive Income
Pendapatan dari Kontrak dengan Pelanggan /

606.407 592.395 773.057 690.733 590.696 2,37 0,66
Revenue from Contracts with Customers
Beban Pokok Pendapatan / Cost of Revenue (504.892) (484.564) (598.843) (539.338) (462.786) 4,20 2,20
Laba Bruto / Gross Profit 101.515 107.831 174.214 151.395 127.910 (5,86) (5,61)
Beban Penjualan Umum dan Administrasi /
(54.081) (58.341) (65.276) (76.061) (61.589) (7,30) (3,20)
Selling General and Administrative Expenses
Pendapatan Lainnya / Other Income 12.653 10.599 9.235 2.855 2.882 19,38 44,75
Penurunan Nilai atas Properti Pertambangan /
(24.023) - 45.448 - - N/A - N/A
Impairment Losses on Mining Properties
Beban Lainnya / Other Expenses (19.762) (6.541) (26.843) (23.250) (26.878) 202,13 (7,40)
Laba Usaha / Profit from Operations 16.302 53.548 136.778 54.939 42.325 (69,56) (21,22)
Bagian Laba Entitas Asosiasi - Neto / Share
- - - 895 441 - - (100,00)
of Profit of Associates - Net
Pendapatan Keuangan - Neto / Finance
3.677 2.988 3.560 2.470 7.075 23,06 (15,09)
Income - Net
Biaya Keuangan / Finance Charges (43.910) (36.577) (46.712) (46.412) (35.021) 20,05 5,82
Beban Pajak Final / Final Tax Expense (1.063) (944) (528) (1.039) (1.362) 12,61 (6,00)
Laba (Rugi) Sebelum Pajak Penghasilan /
(24.995) 19.015 93.098 10.853 13.459 (231,45) N/A
Profit (Loss) Before Income Tax
Beban Pajak Penghasilan - Neto / Income Tax
(12.745) (15.121) (25.870) (7.055) (6.557) (15,71) 18,08
Expense - Net
Laba (Rugi) Tahun Berjalan / Profit (Loss) for
(37.740) 3.894 67.228 3.799 6.902 (1.069,18) N/A
the Year
Total Laba (Rugi) Komprehensif Tahun
Berjalan / Total Comprehensive Income (Loss) (58.459) 4.853 68.253 2.945 7.145 (1.304,60) N/A
for the Year
Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan kepada: / Profit (Loss) for the Year Attributable to:
Pemilik Entitas Induk / Owners of the
(35.659) 7.556 65.493 5.572 12.638 (571,93) N/A
Parent Company
Kepentingan Non-Pengendali / Non-
(2.081) (3.662) 1.735 (1.773) (5.736) (43,17) (22,39)
Controlling Interests
Total / Total (37.740) 3.894 67.228 3.799 6.902 (1.069,18) N/A
Total Laba (Rugi) Komprehensif Tahun Berjalan yang Dapat Diatribusikan kepada: /
Total Comprehensive Income (Loss) for the Year Attributable to:
Pemilik Entitas Induk / Owners of the
(56.514) 8.665 66.497 4.744 12.887 (752,21) N/A
Parent Company
Kepentingan Non-Pengendali / Non-
(1.945) (3.812) 1.756 (1.799) (5.743) (48,98) (23,71)
Controlling Interests
Total / Total (58.459) 4.853 68.253 2.945 7.145 (1.304,60) N/A
Laba (Rugi) per Saham Dasar (dalam AS$
penuh) / Basic Earning (Loss) per Share (in full (0,01295) 0,00274 0,02379 0,00202 0,00460 (571,93) N/A
US$ amount)

KILAS KINERJA 2020 ··· 2020 PERFORMANCE OVERVIEW
Pendapatan dari Kontrak

dengan Pelanggan 2016 590.696
Revenue from Contracts with
Customers
2017 690.733
(dalam ribuan AS$ / in thousands of US$)
2018 773.057
2019 592.395
2020 606.407
Laba (Rugi) Tahun Berjalan

Profit (Loss) for the Year
2016 6.902

2017 3.799
2018 67.228
2019 3.894
2020 (37.740)
Laba (Rugi) Komprehensif

Tahun Berjalan 2016 7.145
Comprehensive Income (Loss)
for the Year
2017 2.945
2018 68.253
2019 4.853
2020 (58.459)

dalam ribuan AS$, kecuali dinyatakan lain / in thousands of US$, unless otherwise stated
YoY CAGR
Uraian 2019- 2016-
2020 2019 2018 2017 2016
Description 2020 2020
(%) (%)
Posisi Keuangan Konsolidasian / Consolidated Statement of Financial Position

Aset / Assets
Total Aset Lancar / Total Current Assets 314.161 260.755 325.243 339.479 297.030 20,48 1,41
Investasi pada Saham / Investments in Shares 20.029 60.139 139 8.172 8.240 (66,70) 24,86
Aset Tetap - Neto / Fixed Assets - Net 330.690 369.711 401.025 602.811 657.601 (10,55) (15,79)
Total Aset Tidak Lancar / Total Non-Current
513.077 593.474 526.707 703.195 776.152 (13,55) (9,83)
Assets
Total Aset / Total Assets 827.237 854.229 851.950 1.042.674 1.073.182 (3,16) (6,30)
Liabilitas dan Ekuitas / Liabilities and Equity
Total Liabilitas Jangka Pendek / Total Current
262.691 216.603 222.796 212.590 374.836 21,28 (8,50)
Liabilities
Total Liabilitas Jangka Panjang / Total Non-
402.797 392.432 381.325 667.761 539.132 2,64 (7,03)
Current Liabilities
Total Liabilitas / Total Liabilities 665.488 609.035 604.121 880.351 913.968 9,27 (7,63)
Ekuitas / Equity 161.749 245.194 247.828 162.323 159.214 (34,03) 0,40
Total Liabilitas dan Ekuitas / Total Liabilities
827.237 854.229 851.950 1.042.674 1.073.182 (3,16) (6,30)
and Equity
Total Aset
Total Assets
2016 1.073.182

2017 1.042.674
2018 851.950
2019 854.229
2020 827.237

Total Liabilitas
Total Liabilities
2016 913.968

2017 880.351
2018 604.121
2019 609.035
2020 665.488
Total Ekuitas
Total Equity
2016 159.214

2017 162.323
2018 247.828
2019 245.194
2020 161.749
dalam %, kecuali dinyatakan lain / in %, unless otherwise stated
YoY CAGR
Uraian 2019- 2016-
2020 2019 2018 2017 2016
(%) (%)
Rasio-Rasio / Ratios
Laba Bersih terhadap Jumlah Aset
(4,31) 0,88 7,69 0,53 1,18 (587,33) N/A
Net Income to Total Assets
Laba Bersih terhadap Ekuitas
(22,05) 3,08 26,43 3,43 7,94 (815,39) N/A
Net Income to Equity
Laba Bersih terhadap Pendapatan
(5,88) 1,28 8,47 0,81 2,14 (561,02) N/A
Net Income to Revenue
Rasio Lancar (x)
1,20 1,20 1,46 1,60 0,79 (0,66) - 10,84
Current Ratio (x)
Liabilitas terhadap Ekuitas (x)
4,11 2,48 2,44 5,42 5,74 65,64 (7,99)
Liabilities to Equity (x)
Liabilitas terhadap Aset (x)
0,80 0,71 0,71 0,84 0,85 12,83 (1,41)
Liabilities to Assets (x)

Ikhtisar Operasional
Operational Highlights
YoY CAGR
Uraian 2019- 2016-
2020 2019 2018 2017 2016
(%) (%)
Pertambangan Batu Bara / Coal Mining

Volume Produksi (juta ton) / Production Volume
12,56 11,78 9,78 7,94 6,40 6,62 18,36
(million ton)
Volume Penjualan (juta ton) / Sales Volume
11,63 11,76 9,94 7,92 6,35 (1,11) 16,33
(million ton)
Kontrak Pertambangan / Mining Contract
Volume Pemindahan Lapisan Penutup (juta bcm) /
140,15 95,54 140,39 129,07 131,30 46,69 1,64
Overburden Removal Volume (million bcm)
Volume Penyewaan Alat untuk Pengambilan
Batu Bara (juta ton) / Equipment Rental Volume 27,61 18,55 20,00 17,60 16,63 48,84 13,51
for Coal Getting (million ton)
6,35
Volume Produksi dan 2016
6,40
Penjualan Batu Bara
Coal Production and Sales
7,92
Volume
2017
7,94
(dalam juta ton / in million tons)
9,94
2018
9,78
11,76
Volume Penjualan
2019
11,78
Sales Volume
Volume Produksi 11,63

Production Volume 2020
12,56
Volume Pemindahan Volume Penyewaan Alat untuk

Lapisan Penutup Pengambilan Batu Bara
Overburden Removal Volume Equipment Rental Services for Coal Getting Volume
(dalam juta bcm / in million bcm) (dalam juta ton / in million tons)
2016 131,30 2016 16,63
2017 129,07 2017 17,60
2018 140,39 2018 20,00
2019 95,54 2019 18,55
2020 140,15 2020 27,61

Ikhtisar Saham
Share Highlights
Informasi Perdagangan Saham Perseroan di Bursa Efek Indonesia

Information on the Company Shares Trading on Indonesia Stock Exchange
Jumlah Harga Saham Harga Saham Harga Saham

Saham Kapitalisasi Tertinggi Terendah Penutupan Volume
Beredar Pasar Highest Share Price Lowest Share Price Closing Share Price Perdagangan Nilai
(juta Lembar (miliar Harga Harga Harga (ribu Lembar (Rp/ Hari
Frekuensi
Periode Saham) Rupiah) (Rp/ (Rp/ (Rp/ Saham) juta) Bursa
Frequency
Period Number of Market Lembar Lembar Lembar Trading Value Exchange
(x)
Outstanding Capitalization Saham) Tanggal Saham)
Tanggal
Saham)
Tanggal Volume (Rp/ Days
Shares (billion Date Date Date (thousand of million)
Price Price Price
(million Rupiah) (Rp/ (Rp/ (Rp/ Shares)
Shares) Share) Share) Share)
2020
Q1 2.753 3.951 1.525 4-2-20 1.120 14-2-20 1.435 31-3-20 19 29 57 25
Q2 2.753 3.854 1.540 8-6-20 1.320 13-4-20 1.400 26-6-20 40 57 112 23
Q3 2.753 2.285 1.405 8-7-20 795 15-9-20 830 30-9-20 514 500 490 57
Q4 2.753 2.092 1.160 4-12-20 695 30-11-20 760 30-12-20 13.700 11.733 3.853 65
2019
Q1 2.753 5.947 2.290 20-2-19 1.715 12-2-19 2.160 29-3-19 36 78 53 23
Q2 2.753 5.506 2.300 16-4-19 1.415 16-5-19 2.000 27-6-19 570 965 469 40
Q3 2.753 5.616 2.290 23-9-19 1.515 22-8-19 2.040 27-9-19 70 124 131 37
Q4 2.753 4.212 1.750 1-10-19 1.290 18-11-19 1.530 23-12-19 140 214 416 43
Agus
Pergerakan Saham Tahun 2019 dan 2020

Shares Movement in 2019 and 2020
Volume Perdagangan (Lembar Saham) Harga Penutupan (Rp)

Trading Volume (Shares) Closing Share Price (Rp)
2.000.000 2.500
1.800.000
1.600.000 2.000
1.400.000
1.200.000 1.500
1.000.000
800.000 1.000
600.000
400.000 500
200.000
0 0
2019 2020
us
us
v
v
p
p
n
n
s
n
b
b
ar
ar
r
r
t
t
l
l
ei
ei
Ju
Ju
Ap
Ap
No
No
Ok
Ok
De
De
Ju
Ju
Se
Se
Ja
Ja
Fe
Fe
Ag
Ag
M
M
Volume Perdagangan (Lembar Saham) / Trading Volume (Shares) Harga Penutupan (Rp) / Closing Share Price (Rp)

Aktivitas Perdagangan Saham Share Trading Activities
Perseroan tidak mengalami permasalahan di bidang The Company did not experience any problems in the
perdagangan saham, baik berupa penghentian perdagangan trading of its shares, be it in the form of suspension or
saham sementara (suspension) ataupun penghapusan delisting, throughout 2020. This proves that the Company
pencatatan saham (delisting) di sepanjang tahun 2020. Hal has complied with all applicable laws and regulations in
ini membuktikan bahwa Perseroan mematuhi segala bentuk Indonesia, particularly in the Capital Market.
ketentuan peraturan perundang-undangan yang berlaku di
Indonesia, khususnya berkaitan dengan Pasar Modal.
Aksi Korporasi Terkait Saham Corporate Actions Involving the

Perseroan Company’s Shares
Perseroan tidak melakukan aksi korporasi dalam The Company did not take any corporate action involving
bentuk apapun, baik dalam bentuk pemecahan saham, the Company’s shares in any form, including stock splits,
penggabungan saham, saham bonus, ataupun perubahan stock mergers, bonus shares, or changes in the nominal
nilai nominal saham di tahun 2020. value of shares in 2020.
Informasi tentang Dividen Saham Share Dividend Information
Perseroan membagikan dividen saham pada 22 Juli 2020 The Company distributed share dividends on 22 July 2020
sebesar AS$2,52 juta kepada para Pemegang Saham amounting to US$2.52 million to shareholders whose
yang namanya tercatat dalam Daftar Pemegang Saham names were recorded in the Company’s Shareholders List
Perseroan (recording date) sampai 30 Juni 2020. (recording date) on 30 June 2020.
Ikhtisar Obligasi, Sukuk, atau Obligasi Konversi

Bonds, Sukuk, and Convertible Bonds Highlights
Perseroan menerbitkan obligasi di Singapore Stock The Company issued bonds on the Singapore Stock
Exchange (SGX) sejak 1 Agustus 2017. Obligasi Perseroan Exchange (SGX) on 1 August 2017. The Company’s bonds
yang masih berjalan per 31 Desember 2020 dijelaskan that had not reached maturity by 31 December 2020 are as
sebagai berikut. follows.
Tingkat Tanggal
Tahun Tanggal Nilai Peringkat
Nama Efek Bunga/ Jatuh
Penerbitan Penerbitan (AS$) Rating
Lainnya Tenor Imbalan Tempo Status
Issuance Issuance Value
Securities Name Coupon Maturity
Year Date (US$) 2020 2019
Rate Date
1 Agustus
AS$300.000.000
2017
7,125% Senior 2017 300.000.000
1 August • “B1” by • “B1” by
Notes Belum
2017 1 Agustus Moody’s Moody’s
7,125% per Jatuh
28 60 Bulan / 2022 Investor Investor
tahun / per Tempo
November Months 1 August Service Inc Service Inc
AS$50.000.000 annum Not Yet
2017 2022 • “B+“ by Fitch • “B+“ by Fitch
7,125% Senior 2017 50.000.000 Mature
28 Ratings Ltd Ratings Ltd
Notes
November
2017
Total 350.000.000

Peristiwa Penting
Important Events
30 Januari January 2020

15 Juni June 2020
PT Cipta Kriya Bahari (“CKB”) Group meresmikan perluasan Penandatanganan Kontrak Jasa Pertambangan antara CK
gudang baru di Kawasan Hub Logistik CKB Surabaya. dengan PT Berkat Murah Rejeki (“BMR”), dengan nilai kontrak
setara Rp348,68 miliar untuk area tambang yang terletak di
PT Cipta Kriya Bahari (“CKB”) Group inaugurated the new Kabupaten Tapin, Provinsi Kalimantan Selatan.
warehouse expansion in CKB Surabaya Logistics Hub Zone.
Signing of the Mining Services Contract between CK and
PT Berkat Murah Rejeki ("BMR"), with a contract value equivalent
to Rp348.68 billion for the mining area located in Tapin Regency,
14 Februari February 2020

South Kalimantan Province.
Penandatanganan Kontrak Jasa Pertambangan antara

PT Cipta Kridatama ("CK") dengan PT Kuansing Inti Makmur
(“KIM”), PT Karya Cemerlang Persada (“KCP”), PT Bungo Bara
Utama (“BBU”), dan PT Bungo Bara Makmur (“BBM”), yang
18 Desember December 2020
secara bersama-sama disebut sebagai Grup KIM, dengan nilai
kontrak kurang lebih sejumlah Rp7,4 triliun.
Penandatanganan Kontrak Jasa Pertambangan antara CK
dengan PT Energi Batubara Lestari (“EBL”), dengan nilai
Signing of the Mining Services Contract between PT Cipta
kontrak sebesar Rp661 miliar untuk area tambang Pit Blok 3
Kridatama ("CK") and PT Kuansing Inti Makmur ("KIM"),
Balimas, Kecamatan Lokpaikat, Piani, dan Bungur, Kabupaten
PT Karya Cemerlang Persada ("KCP"), PT Bungo Bara Utama
Tapin, Provinsi Kalimantan Selatan.
("BBU"), and PT Bungo Bara Makmur ("BBM"), collectively referred
to as the KIM Group, with a contract value of approximately
Signing of the Mining Services Contract between CK and
Rp7.4 trillion.
PT Energi Batubara Lestari ("EBL"), with a contract value of
Rp661 billion for the Pit Blok 3 Balimas mine area, Lokpaikat,
Piani, and Bungur Subdistricts, Tapin Regency, South
Kalimantan Province.
9 Maret March 2020
CKB meresmikan perubahan identitas (brand) dan bidang usaha

baru Dianta, dari semula beroperasi dalam jasa pengiriman
domestik untuk dokumen dan paket ke seluruh Indonesia,
kini diganti dengan nama brand Dianta Daya Embara (“DDE”).
Dengan demikian, layanan DDE berubah menjadi perusahaan
penyedia jasa dan solusi bongkar muat (stevedoring) serta
penanganan kargo untuk produk pertambangan.
CKB inaugurated the brand and business line repositioning of

Dianta. At first, Dianta provided services in domestic delivery
services for documents and packages throughout Indonesia.
Now, it has been replaced with a new brand name Dianta
Daya Embara ("DDE"). DDE’s services shifted into providing
stevedoring solutions and cargo handling for mining products.

Penghargaan, Sertifikasi, dan Asosiasi

Awards, Certifications, and Associations
Penghargaan
Awards
29 Juli July
17 November November 17 November November
Corporate 4 Star Rating Kategori Keterbukaan ESG Emiten Kategori Keterbukaan Environmental
TOP CSR Award 2020 Sektor Investasi / Investment Sector Emiten Sektor Investasi / Investment
Issuer’s ESG Transparency Category Sector Issuer’s Environmental
Penyelenggara / Organizer : ESG Award 2020 Transparency Category
Top Business dan/and Komite Nasional ESG Award 2020
Kebijakan Governance
Penyelenggara / Organizer : Penyelenggara / Organizer :
Asosiasi Emiten, Majalah Investor, dan/and Asosiasi Emiten, Majalah Investor, dan/and
Bumi Global Karbon Foundation Bumi Global Karbon Foundation
17 November November 17 November November
Kategori Keterbukaan Sosial Emiten Sektor Investasi / Kategori Keterbukaan Governance Emiten Sektor Investasi /
Investment Sector Issuer’s Social Transparency Category Investment Sector Issuer’s Governance Transparency Category
ESG Award 2020 ESG Award 2020

Asosiasi Emiten, Majalah Investor, dan/and Bumi Global Karbon Asosiasi Emiten, Majalah Investor, dan/and Bumi Global Karbon
Foundation Foundation
16 Desember December
Peringkat Gold / Gold Rating

Asia Sustainability Reporting Rating 2020 (ASSRAT 2020)
Penyelenggara / Organizer :
National Center for Sustainability Reporting (NCSR)

PT Tunas Inti Abadi
6 November November 16 Desember December
Kategori Platinum (Subjek Inti Lingkungan) “Rehabilitasi DAS Program Penilaian Peringkat Kinerja Perusahaan dalam
pada Kawasan Taman Hutan Raya Sultan Adam oleh Lembaga Pengelolaan Lingkungan Hidup (Peringkat Biru) Periode
Masyarakat Desa Tahura Tiwingan Amanah (LMDT TIA)” / 2019-2020 / Rating Program for Company Performance in
Platinum Category (Environmental Core Subject) “Rehabilitation Environmental Management (Blue Rating) for the 2019-2020
of Rivershed Area for Sultan Adam Municipal Forest by Community Period
Institutions in Tiwingan Amanah Village (LMDT TIA)”
Indonesian CSR Award 2020

Badan Perencanaan Nasional (Bappenas) Republik Indonesia Kementerian Lingkungan Hidup dan Kehutanan Republik
dan/and Corporate Forum for Community Development (CFCD) Indonesia / Ministry of Environment and Forestry of the Republic
of Indonesia
PT Bara Energi Lestari PT Cipta Krida Bahari
10 Februari February 14 Desember December 15 Desember December
Penghargaan Nihil Kecelakaan / Juara 2 Wahana Adhigana dan Finalis Juara Pertama Pusat Logistik Berikat
Zero Accident Award Abdiyasa 2020 / 2nd Winner of Wahana Terbaik Tahun 2020 / First Winner of the
Adhigana and Finalist of Abdiyasa 2020 Best Bonded Logistics in 2020
Customs Awards 2020
Penyelenggara / Organizer : Penyelenggara / Organizer : Penyelenggara / Organizer :

Dinas Tenaga Kerja dan Mobilitas Penduduk Kementerian Perhubungan Republik Kantor Pengawasan dan Pelayanan Bea dan
Provinsi Aceh / Office of Manpower and Indonesia – Direktorat Jenderal Cukai Tipe Madya Pabean B Balikpapan /
People’s Mobility of Aceh Province Perhubungan Darat dan Direktorat Balikpapan Middle Level B-Class Office of
Angkutan Jalan / Ministry of Transportation Customs and Excise Supervision and Service
of the Republic of Indonesia – Directorate
General of Land Transport and Directorate
of Road Transportation

PT Sanggar Sarana Baja
27 Februari February 1 Desember December
Panitia Pembina Keselamatan dan Kesehatan Kerja (P2K3) Best Contractor High Risk Category-Star Energy
Terbaik Provinsi Banten / Best Occupational Health and Safety Geothermal Asset Wayang Windu
Development Committee in Banten Province CSMS Forum 2020

Gubernur Banten / Governor of Banten Star Energy
PT Cipta Kridatama
10 Februari February 29 Juli July 21 Desember December
PT Cipta Kridatama
Is hereby named
Kincentric Best Employer Indonesia, 2020
On behalf of Kincentric
Ken Oehler
Global Culture & Engagement Practice Leader
Penghargaan Nihil Kecelakaan / Visi Presiden Republik Indonesia 2019-2024 Penghargaan Best Employers /
Zero Accident Award untuk Pembangunan Sumber Daya Manusia Best Employers Award
(Program FGM dan FGO CK) / Indonesian
President’s 2019-2024 Vision for Human
Resources Development (CK’s FGM and FGO
Programs)
Top CSR Award 2020

Dinas Tenaga Kerja dan Mobilitas Penduduk Top Business dan/and Komite Nasional Kincentric
Provinsi Aceh / Department of Labor and Kebijakan Governance
Population Mobility Aceh Province

17 September September
Penghargaan Nihil Kecelakaan Site Mifa Penghargaan Nihil Kecelakaan Site Penghargaan Nihil Kecelakaan Site Bukit
Bersaudara / Zero Accident Award for Mifa Dizamatra Powerindo / Zero Accident Award Baiduri Energi / Zero Accident Award for
Bersaudara Site for Dizamatra Powerindo Site Bukit Baiduri Energi Site

Kementerian Ketenagakerjaan Republik Kementerian Ketenagakerjaan Republik Kementerian Ketenagakerjaan Republik
Indonesia / Ministry of Manpower of the Indonesia / Ministry of Manpower of the Indonesia / Ministry of Manpower of the
Republic of Indonesia Republic of Indonesia Republic of Indonesia
PT Mifa Bersaudara
Tanggal Peringkat/Kategori Ajang Penghargaan Penyelenggara

Date Rating/Category Awards Events Organizer
19 Januari 2020 Stand Pengunjung Terbanyak Teuku Umar Expo 2020 Komunitas Tubruk
19 January 2020 Most Visitors Stand
28 Februari 2020 Pengelola CSR Terbaik Harian Serambi Award 2020 Harian Serambi
28 February 2020 Best CSR Manager
28 Februari 2020 Best CEO 2020 Indonesian Best of the Best Awards Seven Media Asia
28 February 2020 2020
28 Februari 2020 Best Corporate CSR 2020 Indonesian Best of the Best Awards Seven Media Asia
28 February 2020 2020
10 Februari 2020 Penghargaan Nihil Kecelakaan - Dinas Tenaga Kerja dan Mobilitas
10 February 2020 Zero Accident Award Penduduk Provinsi Aceh
Office of Manpower and People’s
Mobility of Aceh Province
4 September 2020 Apresiasi Gubernur Aceh atas - Gubernur Aceh
4 September 2020 Partisipasi Perusahaan Mendukung Governor of Aceh
Kegiatan Gebrak Masker Aceh
Aceh Governor’s Appreciation
for the Company’s Participation in
Aceh’s “Gebrak Masker” Activity
31 Oktober 2020 Penghargaan atas Peran dan - Dewan Pimpinan Partai Aceh
31 October 2020 Dukungannya dalam Pembinaan Aceh Party Board of Management
Masyarakat Gampong di Kabupaten
Aceh Barat
Award for Role and Support in
Developing Gampong Communities in
West Aceh Regency
11 Desember 2020 Peringkat Biru untuk Periode 2019- Program Penilaian Peringkat Kinerja Kementerian Lingkungan Hidup dan
11 December 2020 2020 Perusahaan dalam Pengelolaan Kehutanan Republik Indonesia
Performance Rating Program 2019- Lingkungan Hidup Ministry of Environment and Forestry
2020 Period Company Environmental of the Republic of Indonesia
Management Performance Rating
Program

Sertifikasi
Certifications
ISO 14001:2015 ISO 9001:2015 ISO 45001:2018

TUV NORD Indonesia TUV NORD Indonesia TUV NORD Indonesia
Masa Berlaku / Validity Period : Masa Berlaku / Validity Period : Masa Berlaku / Validity Period :
3 Desember 2020-2 Desember 2023 3 Desember 2020-2 Desember 2023 3 Desember 2020-2 Desember 2023
3 December 2020-2 December 2023 3 December 2020-2 December 2023 3 December 2020-2 December 2023
Certificate of Authorization “ASME S Certificate of Authorization “ASME U

Stamp” for Manufacture and Assembly Stamp” for Manufacture of Pressure
CERTIFICATE OF CERTIFICATE OF
AUTHORIZATION AUTHORIZATION
The named company is authorized by the American Society of Mechanical Engineers

(ASME) for the scope of activity shown below in accordance with the applicable rules of
the ASME Boiler and Pressure Vessel Code. The use of the ASME Certification Mark and
the authority granted by this Certificate of Authorization are subject to the provisions of
of Power Boilers The named company is authorized by the American Society of Mechanical Engineers
Vessels
the agreement set forth in the application. Any construction stamped with the ASME the agreement set forth in the application. Any construction stamped with the ASME
Certification Mark shall have been built strictly in accordance with the provisions of the Certification Mark shall have been built strictly in accordance with the provisions of the
ASME Boiler and Pressure Vessel Code. ASME Boiler and Pressure Vessel Code.

COMPANY: COMPANY:
PT. SANGGAR SARANA BAJA PT. SANGGAR SARANA BAJA

Cikupa Plant Cikupa Plant
Millennium Industrial Estate, Millennium Industrial Estate,
The American Society of Mechanical The American Society of Mechanical

Jl. Millennium Raya Blok F1 (Tigaraksa) Jl. Millennium Raya Blok F1 (Tigaraksa)
Tangerang, Banten 15720 Tangerang, Banten 15720
Indonesia Indonesia
Engineers Engineers
SCOPE: SCOPE:
Manufacture and assembly of power boilers at the above location and field sites Manufacture of pressure vessels at the above location and field sites controlled
controlled by the above location by the above location (This authorization does not cover impregnated graphite)
AUTHORIZED: December 6, 2020 AUTHORIZED: December 6, 2020
Masa Berlaku / Validity Period : Masa Berlaku / Validity Period :

EXPIRES: December 6, 2023 EXPIRES: December 6, 2023
CERTIFICATE NUMBER: 48953 CERTIFICATE NUMBER: 48954
Board Chair, Conformity Assessment

6 Desember 2020-6 Desember 2023 Board Chair, Conformity Assessment
6 Desember 2020-6 Desember 2023
Managing Director, Conformity Assessment 6 December 2020-6 December 2023 Managing Director, Conformity Assessment 6 December 2020-6 December 2023
Certificate of Authorization “ASME U2 Certificate of Authorization “R”

Stamp” for Manufacture of Class 1 and for Metallic and Repairs and Alterations
CERTIFICATE OF
AUTHORIZATION
Class 2 Pressure Vessels

Certificate of Authorization
The named company is authorized by the American Society of Mechanical Engineers
the agreement set forth in the application. Any construction stamped with the ASME
Certification Mark shall have been built strictly in accordance with the provisions of the This is to certify that
ASME Boiler and Pressure Vessel Code.
PT. SANGGAR SARANA BAJA
Millennium Industrial Estate

COMPANY: Jl. Millennium Raya Blok F1 (Tigaraksa)
Tangerang, Banten 15720
PT. SANGGAR SARANA BAJA Indonesia
Cikupa Plant
Millennium Industrial Estate,
The American Society of Mechanical The National Board of Boiler and Pressure
Jl. Millennium Raya Blok F1 (Tigaraksa) is authorized to use the R Symbol in accordance with the
Tangerang, Banten 15720 provisions of the National Board Inspection Code and NB-415,
Indonesia
Accreditation of "R" Repair Organizations.
Engineers Vessel Inspectors

All activities within the scope of this Authorization shall be
SCOPE: controlled by the above location.
The scope of this Authorization is limited to:
Manufacture of Class 1 and Class 2 pressure vessels at the above location and
field sites controlled by the above location
Metallic
Repairs and Alterations
At
Shop and Field Locations
AUTHORIZED: December 6, 2020

EXPIRES: December 6, 2023
CERTIFICATE NUMBER: 35475
Board Chair, Conformity Assessment

6 Desember 2020-6 Desember 2023 Certification Number:
Issue Date:
6847
December 1, 2020
1 Desember 2020-14 Januari 2024
6 December 2020-6 December 2023 1 December 2020-14 January 2024
Expiration Date: January 14, 2024
Executive Director
Managing Director, Conformity Assessment

PT Prima Wiguna Parama
Ijin Niaga Umum (INU) Sertifikat Izin Usaha /

Bahan Bakar Minyak / General Business License Certificate
Business License (INU) for
Petrol
Penyelenggara / Organizer : Badan Koordinasi Penanaman
Kementerian Energi dan Sumber Modal / Capital Investment
Daya Mineral / Ministry of Energy Coordinating Board
and Mineral Resources

19 November 2019-11 November 19 November 2019-19 November
2029 2029
19 November 2019-11 November 19 November 2019-19 November
2029 2029
Persetujuan Layak Operasi (PLO) Depot Persetujuan Layak Operasi (PLO)

Bahan Bakar Minyak di Kawasan Tambang Depot Bahan Bakar Minyak di Kawasan
PT Mifa Bersaudara, Meulaboh Aceh Barat / Tambang PT TIA, Sebamban Tanah
Approval for Operations of Petrol Depot Bumbu, Kalimantan Selatan / Approval for
at Mining Area of PT Mifa Bersaudara, Operations of Petrol Depot at Mining Area
Meulaboh, West Aceh of PT TIA, Sebamban Tanah Bumbu, South
Kalimantan
Kementerian Energi dan Sumber Daya Penyelenggara / Organizer :
Mineral Republik Indonesia Kementerian Energi dan Sumber Daya
Ministry of Energy and Mineral Resources of Mineral Republik Indonesia
the Republic of Indonesia Ministry of Energy and Mineral Resources of
the Republic of Indonesia

27 Januari 2020-14 Agustus 2023 25 Maret 2019-12 Februari 2023
27 January 2020-14 August 2023 25 March 2019-12 February 2023
PT Cipta Krida Bahari
Authorized Economic Operator (AEO) SNI ISO 9001: 2015 ISO 9001: 2015

Kementerian Keuangan Republik Indonesia - Direktorat TUV Rheinland TUV Rheinland
Jenderal Bea dan Cukai
Ministry of Finance of the Republic of Indonesia –
Directorate General of Customs and Excise
25 Januari 2016-25 Januari 2021 10 Desember 2017-19 Juni 2022 10 Desember 2017-19 Agustus 2022
25 January 2016-25 January 2021 10 December 2017-19 June 2022 10 December 2017-19 August 2022

ISO 45000:2018 Authorized Economic Operator (AEO) PLB Authorized Economic Operator (AEO) PLB
Jakarta (Cakung-Marunda) Surabaya

TUV Rheinland Kementerian Keuangan Republik Indonesia - Kementerian Keuangan Republik Indonesia -
Direktorat Jenderal Bea dan Cukai Direktorat Jenderal Bea dan Cukai
Ministry of Finance of the Republic of Indonesia Ministry of Finance of the Republic of Indonesia
– Directorate General of Customs and Excise – Directorate General of Customs and Excise
26 Juni 2019-25 Juni 2022 27 Desember 2019-27 Desember 2024 27 Desember 2019-27 Desember 2024
26 June 2019-25 June 2022 27 December 2019-27 December 2024 27 December 2019-27 December 2024
PT Cipta Kridatama
ISO 9001: 2015 ISO 45001: 2018 ISO 14001: 2015

SGS United Kingdom Ltd SGS United Kingdom Ltd SGS United Kingdom Ltd
5 Maret 2020-5 Desember 2022 5 Maret 2020-5 Desember 2022 10 Maret 2020-20 Desember 2023
5 March 2020-5 December 2022 5 March 2020-5 December 2022 10 March 2020-20 December 2023

Asosiasi
Associations
Nama Asosiasi / Associations Name
ABM • Asosiasi Emiten Indonesia (AEI) • Indonesian Public Listed Companies Association (AEI)
• Indonesia Corporate Secretary Association (ICSA) • Indonesia Corporate Secretary Association (ICSA)
• Indonesia Centre for Sustainable Development (ICSD) • Indonesia Centre for Sustainable Development (ICSD)
Entitas Anak / Subsidiary
PT Cipta • Asosiasi Jasa Pertambangan Indonesia (Aspindo) • Indonesian Mining Services Association (Aspindo)
Kridatama • Asosiasi Kontraktor Indonesia (AKI) • Asosiasi Kontraktor Indonesia (AKI)
• Gabungan Pelaksana Konstruksi Nasional Indonesia • Gabungan Pelaksana Konstruksi Nasional Indonesia
(GAPENSI) (GAPENSI)
PT Reswara • Asosiasi Pengusaha Batubara Indonesia (APBI) • Indonesian Coal Mining Association (APBI)
Minergi • Asosiasi Badan Usaha Pelabuhan Indonesia (ABUPI) • Asosiasi Badan Usaha Pelabuhan Indonesia (ABUPI)
Hartama • Inisiatif Transparansi Industri Ekstraktif (EITI) • Extractive Industries Transparency Initiative (EITI)
• Perhimpunan Ahli Pertambangan Indonesia (Perhapi) • Association of Indonesian Mining Professionals
• Asosiasi Profesi Keselamatan Pertambangan (Perhapi)
Indonesia (APKPI) • Indonesian Association of Mining Safety Professional
(APKPI)
PT Cipta • International Air Transport Association (IATA) • International Air Transport Association (IATA)
Krida Bahari • Asosiasi Logistik dan Forwarder Indonesia • Indonesian Forwarders Association
• Kamar Dagang dan Industri Indonesia (KADIN) • Indonesian Chamber of Commerce (KADIN)
• Global Project Logistics Network (GPLN) • Global Project Logistics Network (GPLN)
• OWN (One World Network) • OWN (One World Network)
• Perkumpulan Pusat Logistik Berikat Indonesia • Perkumpulan Pusat Logistik Berikat Indonesia (PPLBI)
(PPLBI) • WCA World
• WCA World
PT Sanggar • Himpunan Alat Berat Indonesia (Hinabi) • Heavy Equipment Manufacturer Association of
Sarana Baja • Pengurus Kamar Dagang dan Industri (KADIN) Indonesia
• Indonesian Chamber of Commerce (KADIN)


Laporan
Manajemen
Management Reports

Laporan
Dewan Komisaris
Report of the Board of Commissioners
Pemegang Saham dan Pemangku Kepentingan Dear Shareholders and Stakeholders,

yang Terhormat,
Suatu kehormatan bagi kami, Dewan Komisaris It has been an honor for us, the Board of Commissioners
PT ABM Investama Tbk, dapat melaksanakan pengawasan of PT ABM Investama Tbk, to supervise the management
terhadap pengelolaan perusahaan di tahun 2020 yang of the Company in 2020 that was replete with challenges
dipenuhi tantangan akibat Corona Virus Disease 2019 brought about by the Corona Virus Disease 2019 (Covid-19).
(Covid-19). Hal ini menjadi sebuah kebanggaan bagi Therefore it was our pride as a company to have overcome
kami karena tantangan tersebut dapat Perseroan lewati these challenges through our firm commitment to the
dengan baik melalui komitmen teguh penerapan prinsip implementation of the principle of “Protect the People,
“Protect the People, Protect the Business, and Go Beyond”. Protect the Business, and Go Beyond”. The results of our
Hasil pengawasan kami terhadap pengelolaan Perseroan supervision on the management of the Company were
dijelaskan dalam Laporan Dewan Komisaris ini. presented in this Board of Commissioners Report.
Tantangan Tahun 2020 Challenges of 2020
Perekonomian dunia melambat di tahun 2020 sebagai The world economy slowed down in 2020 as a consequence
konsekuensi dari kebijakan untuk mencegah penyebaran of various policies to prevent the spread of Covid-19.
Covid-19. Pembatasan mobilitas di beberapa negara Restrictions on mobility enacted in several countries
berdampak pada penurunan aktivitas ekonomi serta resulted in the dwindling of economic activities and in
perlambatan permintaan terhadap produksi dan jasa. the demand for products and services. Therefore, global
Demikian pula halnya dengan harga komoditas dunia yang commodity prices in general suffered a decline.
melemah secara rata-rata.
Salah satu komoditas yang terdampak adalah batu One of the commodities that were affected was coal. Global
bara. Permintaan batu bara secara global turun karena demand for coal fell due to reduced production activities
berkurangnya aktivitas produksi yang menggunakan that used the commodity, which affected the supply and
komoditas tersebut yang pada gilirannya mempengaruhi price of coal.
pasokan dan harga batu bara.

LAPORAN MANAJEMEN ··· MANAGEMENT REPORTS
Rachmat Mulyana Hamami

Komisaris Utama / President Commissioner

Penurunan aktivitas produksi tersebut berdampak The decrease in production activities had a direct impact on
langsung pada pengurangan penyediaan alat berat dan reducing the supply of heavy equipment and other mining
peralatan tambang lainnya, sehingga mengakibatkan jasa equipment, resulting in the decline in logistics services
logistik ke industri pertambangan serta jasa rekayasa dan as well as the mining industry and mining engineering and
manufaktur pertambangan juga turun. Hal ini dipengaruhi also manufacturing services. This was also influenced
keputusan dari banyak perusahaan yang berusaha by the decision of many companies to cut their operating
menekan pengeluaran operasionalnya. expenses.
Penilaian terhadap Kinerja Direksi Board of Directors' Performance

Assessment
Dinamika tahun 2020 tersebut memberi dampak besar The dynamics in 2020 had created a big impact on the
bagi Perseroan dan Entitas Anak. Permintaan terhadap Company and its subsidiaries. Demand for products and
produk dan jasa yang disediakan oleh Entitas Usaha dalam services provided by the business entities within ABM Group
Grup ABM menurun dibandingkan tahun sebelumnya. thus decreased compared to the previous year’s levels.
Namun demikian, Perseroan tetap dapat mencapai target However, the Company was able to achieve its operational
kinerja operasionalnya. performance targets.
Kinerja operasional Perseroan tetap baik dengan The Company’s operational performance remains stable
kontributor utama dari segmen kontraktor tambang dan with the main contributors of the mining contractors and
tambang batu bara, dimana CK berhasil meningkatkan coal mining segment, where CK managed to increase its
produksi tertingginya dalam beroperasi selama ini. highest production in operation. In addition, Reswara’s
Ditambah lagi, performa Reswara di tahun 2020 jauh lebih performance in 2020 significantly improved from the
baik dibandingkan tahun sebelumnya. Hal ini membuktikan previous year’s. This proves that even in the midst of the
bahwa walaupun di tengah situasi pandemi Covid-19, Covid-19 pandemic, the Board of Directors was able to
Direksi tetap mampu menjaga performa operasional maintain the Company's operational performance.
Perseroan.
Performa operasional tersebut cukup dapat This operational performance was enough to balance the
menyeimbangkan posisi keuangan Perseroan. Meskipun Company’s financial position. Nevertheless, we consider
demikian, kami memandang bahwa komitmen Direksi that the Board of Directors’ commitment to carrying
untuk melaksanakan pengelolaan Perseroan secara out the management of the Company responsibly has
bertanggung jawab telah dapat diwujudkan dengan been optimally executed. As for the lower achievements
maksimal. Adapun capaian yang lebih rendah dari tahun compared to the previous year’s, we see it as reasonable
sebelumnya kami pandang masih wajar, mengingat still, considering the major challenges faced being outside
tantangan besar yang dihadapi berada di luar kendali of the control of the Board of Directors.
Direksi.
Penilaian terhadap Perumusan dan Assessment of Formulation and

Implementasi Strategi Implementation of Strategy
Dalam mengawasi jalannya pengelolaan Perseroan, kami In overseeing the management of the Company, we
melaksanakan komunikasi secara intensif dengan Direksi conducted intensive communication with the Board of
untuk memastikan perumusan strategi dan penerapannya Directors to ensure the formulation of strategies and their
telah tepat sasaran dan adaptif. Pengawasan intensif implementation have been properly targeted and adaptive.
juga ditujukan agar Direksi dapat menghadapi dinamika Intensive supervision was also intended so that the Board of
yang ditimbulkan dari kebijakan global dan regional untuk Directors could deal with the dynamics arising from global
mengatasi pandemi Covid-19. Pembahasan terutama and regional policies to overcome the Covid-19 pandemic.

dilakukan melalui rapat gabungan Dewan Komisaris The discussion was mainly conducted through the joint
dengan Direksi yang sepanjang tahun 2020 telah meetings of the Board of Commissioners with the Board of
dilaksanakan sebanyak 10 kali. Directors which throughout 2020 were held 10 times.
Kami memandang bahwa strategi Direksi untuk We consider that the Board of Directors’ strategy to adapt
menyesuaikan sistem kerja dengan penerapan ketat the Company’s work system to the strict implementation
protokol kesehatan merupakan langkah yang sangat of health protocols as highly responsible, systematic, and
bertanggung jawab, sistematis dan terukur. Pembentukan measurable. The establishment of the Covid-19 Task Force
Satuan Tugas Covid-19 serta penyediaan fasilitas as well as the provision of chartered flights to protect
penerbangan khusus (chartered flight) untuk melindungi employees of the Company and its subsidiaries were some
karyawan Perseroan dan Entitas Anak adalah beberapa notable initiatives undertaken by the Board of Directors.
inisiatif yang bagus dilakukan oleh Direksi. Penerapan The implementation of Business Continuity Plan (BCP) was
rencana kesinambungan usaha (Business Continuity Plan - also highly appreciated by the Board of Commissioners to
BCP) juga sangat diapresiasi oleh Dewan Komisaris untuk maintain the Company’s business continuity. The decision
menjaga kelangsungan bisnis Perseroan. Keputusan to continue optimizing the business processes and
untuk melanjutkan optimalisasi proses bisnis dan struktur organizational structure in ABM Group, as well as increasing
organisasi di Grup ABM, serta efisiensi belanja modal dan the efficiency of capital and operating expenses, was
operasional juga dipandang sangat tepat untuk menjaga also considered highly appropriate to maintain financial
kinerja keuangan. Lebih lanjut, kami juga mendukung performance. Furthermore, we fully support the Board
sepenuhnya upaya Direksi untuk meningkatkan kerja sama of Directors’ efforts to enhance new cooperation with our
yang baru dengan pelanggan agar keberlanjutan usaha customers to maintain the sustainability of ABM Group’s
Grup ABM tetap terjaga. business.
Pandangan atas Penerapan Tata Kelola View on Implementation of Good

Perusahaan dan Tanggung Jawab Corporate Governance and Corporate
Sosial Perusahaan Social Responsibility
Dewan Komisaris sangat bangga melihat perkembangan The Board of Commissioners is immensely proud to see
GCG di tahun 2020 yang meningkat dengan sangat the significant development in terms of GCG performance
signifikan. Perkembangan GCG tersebut terjadi akibat dari in 2020. The development of GCG occurred as a result
pelaksanaan rekomendasi yang dihasilkan dari penilaian of the implementation of recommendations resulting
GCG di tahun sebelumnya, serta penerapan GCG yang from the GCG assessment of the previous year’s, as well
baik, disandingkan dengan industri sejenis. Kami bangga as the disciplined implementation of GCG in comparison
melihat rencana pengembangan GCG yang tersinergi with the industry’s peers. We are proud to see how the
dengan CSR melalui penilaian risiko jangka panjang GCG development plans have been synergized with the
dari lingkungan, sosial, dan tata kelola (environment, Company’s CSR, through long-term risk assessment of the
social, governance - ESG). Hal ini disertai dengan upaya environment, social, and governance (ESG) aspects. This
mengintegrasikan konsep tata kelola, manajemen was accompanied by efforts to integrate the concept of
risiko, dan kepatuhan (governance, risk, compliance - governance, risk management, and compliance (GRC) in the
GRC) di Perseroan. Selain itu, kami juga mengapresiasi Company. In addition, we also appreciate the establishment
pembentukan Tim GCG yang bertanggung jawab terhadap of a GCG Team responsible for the implementation of GCG in
penerapan GCG di Grup ABM serta penggalakan sosialisasi ABM Group as well as the dissemination of anti-fraud risk by
fraud dengan memanfaatkan sistem teknologi informasi utilizing our information technology (IT) system.
(TI).

Peningkatan kesadaran terhadap insan Perseroan The increase in awareness among the Company’s
tersebut telah dimbangi dengan ketersediaan saluran personnel has been accompanied by the availability of
pengaduan pelanggaran (WBS) yang melibatkan Dewan the whistleblowing system (WBS) involving the Board of
Komisaris bersama Komite Audit. Kami memperhatikan Commissioners together with the Audit Committee. We
bahwa proses audit untuk menangani setiap laporan telah note that the audit process for handling each report has
dilaksanakan secara independen dan bijaksana sehingga been conducted independently and judiciously, so that the
keputusan yang dihasilkan dapat diterima oleh pihak- resulting decisions can be accepted by the relevant parties.
pihak yang terkait.
Seluruh pengawasan Dewan Komisaris tersebut dilakukan All supervision of the Board of Commissioners has been
dengan dukungan Komite Audit, Komite Nominasi dan carried out with the support of the Audit Committee,
Remunerasi, serta Komite Investasi. Kami memandang the Nomination and Remuneration Committee, and the
bahwa setiap komite telah menjalankan perannya Investment Committee. We consider that each committee
secara maksimal serta secara aktif mendukung upaya has performed its role optimally and actively supported
pengembangan GCG dan pengelolaan Perseroan yang the GCG development initiatives and the management of
dilaksanakan oleh Direksi dan organ pendukungnya. the Company carried out by the Board of Directors and
Penilaian tersebut didasarkan pada hasil penelaahan its supporting organs. The assessment was based on the
laporan di tingkat Direktorat serta pada kualitas results of the review of the reports at the Directorate level as
pembahasan dan rekomendasi yang diberikan dalam well as on the quality of discussions and recommendations
rapat. presented in the meetings.
Pandangan terhadap Prospek Usaha Outlook on Business Prospects
Kami melihat bahwa kebijakan pemerintah Indonesia dan We support the policies of the Indonesian and foreign
luar negeri untuk segera mengatasi penyebaran Covid-19 governments to immediately address the spread of Covid-19
telah dirancang dengan sangat baik sehingga dapat as they have been very thoroughly designed in order to to
meningkatkan roda perekonomian. Hal ini diharapkan improve the economy. This may deliver positive results to
dapat memberikan hasil positif bagi seluruh sektor all business sectors, including coal mining, logistics, and
lapangan usaha, termasuk sektor pertambangan batu engineering services sectors.
bara, logistik, dan jasa rekayasa.
Perseroan menyambut baik prospek pertumbuhan The Company welcomes these economic growth prospects
ekonomi tersebut dan telah menyiapkan strategi and has prepared a short-term and long-term growth
pertumbuhan jangka pendek maupun jangka panjang. strategy, with ABM Vision 2025 becoming the focus of the
ABM Vision 2025 menjadi fokus insan Perseroan ke Company. Based on the results of the study, we consider
depan. Berdasarkan hasil telaah, kami menilai bahwa that the Company’s business plan for 2021 has been
rencana bisnis Perseroan untuk tahun 2021 telah disusun systematically prepared, properly considered, and we
secara sistematis, dengan pertimbangan yang tepat, dan believe it will enable us to achieve our 2025 vision. We fully
dipandang mampu mencapai visi di tahun 2025. Kami support the Board of Directors’ strategy to boost synergy
mendukung penuh strategi Direksi untuk meningkatkan with the Subsidiaries in ABM Group and the Parent Entity
sinergi dengan Entitas Anak dalam Grup ABM dan Entitas (TMT Group) to strengthen the mining services business
Induk (Grup TMT) dalam rangka memperkuat jaringan network.
bisnis.

Perubahan Komposisi Anggota Dewan Changes in the Composition of the

Komisaris Board of Commissioners Members
Tidak terdapat perubahan komposisi anggota Dewan There were no changes in the Board of Commissioners’
Komisaris di tahun 2020. Dewan Komisaris yang menjabat composition in 2020. The current Board of Commissioners
saat ini tetap solid melaksanakan tugas dan tanggung remains solid in carrying out the duties and responsibilities
jawab yang diberikan oleh Pemegang Saham. Kami juga given by the Shareholders. We also continue to build
terus membangun sinergi positif dengan Direksi dalam positive synergies with the Board of Directors to elevate the
rangka memajukan Perseroan. Company.
Penutup Closing
Akhir kata, kami menyampaikan apresiasi dan rasa terima Finally, we express our great appreciation and gratitude
kasih yang besar kepada Direksi dan seluruh karyawan to the Board of Directors and all employees who have
yang telah memberikan waktu, tenaga, serta ide-ide dan dedicated their time, energy, and contribution of innovative
pemikiran yang inovatif dan kreatif sehingga Perseroan and creative ideas and thoughts so that the Company can
mampu melewati tahun 2020 dengan baik. Terima kasih emerge from 2020 with a robust condition. Our greatest
juga kami sampaikan kepada Pemegang Saham atas gratitude to the Shareholders for the trust given, to our
kepercayaan yang diberikan, kepada pelanggan atas customers for their loyalty, to our business partners for
loyalitasnya, kepada mitra usaha atas kerja sama yang their mutually beneficial cooperation, and to all parties
saling menguntungkan, serta kepada semua pihak yang who have continuously supported the Company directly and
terus mendukung Perseroan secara langsung maupun indirectly. We hope that our future development plan will
tidak langsung. Kami berharap rencana pengembangan provide greater benefits to all stakeholders.
yang akan Perseroan terapkan ke depannya dapat
memberikan manfaat yang lebih besar kepada seluruh
pemangku kepentingan.
Jakarta, April 2021

Atas nama Dewan Komisaris PT ABM Investama Tbk,
On behalf of the Board of Commissioners of PT ABM Investama Tbk,

Komisaris Utama
President Commissioner

Laporan
Direksi
Report of the Board of Directors
Pemegang Saham dan Pemangku Kepentingan Esteemed Shareholders and Stakeholders,

yang Terhormat,
Segenap anggota Direksi PT ABM Investama Tbk bersyukur On behalf of all members of the Board of Directors of PT
dapat melewati tahun 2020 dengan baik. Pandemi Corona ABM Investama Tbk, I am delighted that we have been
Virus Disease 2019 (Covid-19) yang terjadi di tahun tersebut successful in responding to the challenges of 2020. The
menyebabkan krisis multi dimensi yang tidak pernah Corona Virus Disease 2019 (Covid-19) pandemic that
terjadi sebelumnya. Perseroan merespons krisis tersebut occurred during the year has caused a multi-dimensional
dengan prinsip “Protect the People, Protect the Business, that never happened before. The Company has responded
and Go Beyond”. Sebagai hasilnya, Perseroan dapat to this crisis with a principle embodied in the "Protect the
mempertahankan kinerja yang baik dan positif, dan tetap People, Protect the Business, and Go Beyond" statement.
memenuhi kewajiban kepada pemangku kepentingan. As a result, the Company was able to maintain a good and
Penerapan komitmen tersebut dalam setiap strategi positive performance while still fulfilling its obligations
yang dilaksanakan Perseroan dapat kami jelaskan dalam to its stakeholders. Therefore, on behalf of all members
Laporan Direksi tahun 2020 ini. of the Board of Directors, allow me to deliver the report
of our commitment to every strategy implemented by the
Company in this 2020 Board of Directors Report.
Tantangan Tahun 2020 Challenges of 2020
Krisis kesehatan akibat pandemi Covid-19 dengan The health crisis arising from the Covid-19 pandemic
cepat menyebabkan krisis ekonomi dunia. Kebijakan has rapidly escalated into a full-blown global economic
pembatasan mobilitas (lockdown) di berbagai negara crisis. The implementation of lockdown policies in various
memperlambat volume perdagangan dunia. Akibatnya, countries has brought the volume of global trade down. As
pertumbuhan ekonomi dunia terkontraksi 3,8% dari tahun a result, global economic growth contracted by 3.8% from
2019. Sementara, di Indonesia, pertumbuhan ekonomi 2019’s figure. Meanwhile, in Indonesia, economic growth
terkontraksi 2,07%. contracted by 2.07%.
Sektor industri pertambangan, termasuk batu bara juga Mining industry, including coal, could not be separated from
tidak terlepas dari dampak pandemi Covid-19. Pembatasan the impact of pandemic Covid-19. The implementation of
mobilitas di negara pengguna batu bara menyebabkan lockdown policies in coal-consuming countries resulted in
aktifitas ekonomi menurun, dan menekan penggunaan reduced economic activities, electricity use, and the demand

LAPORAN MANAJEMEN······MANAGEMENT
LAPORANMANAJEMEN MANAGEMENT REPORTS
REPORTS
Achmad Ananda Djajanegara

Direktur Utama / President Director

listrik dan kebutuhan baru bara untuk industri. Akibatnya, for coal from the power industry. As a result, demand for coal
volume permintaan batu bara menurun dari tahun decreased from the previous year’s figure. The decline in
sebelumnya. Turunnya permintaan ini tercermin dari demand was reflected in the weakening of coal prices, where
melemahnya harga batu bara, dimana harga batu bara the reference price of coal in the global markets also reached
acuan juga sempat mencapai titik terendah dalam 5 tahun its lowest point in the last 5 years. This forced several coal
terakhir. Hal tersebut menyebabkan beberapa perusahaan industry companies to dial down their production capacity
industri batu bara terpaksa mengurangi kapasitas or even close their businesses as they found that their
produksinya, atau bahkan menutup usahanya karena tidak production activities were no longer financially viable.
dapat memenuhi biaya produksi.
Penurunan produksi di industri pertambangan juga The decline in production in the mining industry caused
berdampak pada melambatnya penyerapan alat berat, the decline in the utilization of heavy equipment, spare
suku cadang, dan peralatan tambang lainnya. Akibatnya, parts, and other mining equipment. As a result, global
lalu lintas ekspor-impor antar-negara dan antar-pulau trading and inter-island trading of goods also dwindled.
juga menurun. Kondisi ini menekan kebutuhan jasa logistik This created pressures on the demand for the Company's
Perseroan. Kegiatan perbaikan dan perawatan peralatan logistics services. In addition, mining equipment repair and
pertambangan (mining equipment) juga berkurang karena maintenance activities also weakened as many companies
banyak perusahaan berusaha menekan pengeluaran were trying to reduce their operating expenses.
operasionalnya.
Strategi dan Kebijakan Strategis Strategic Plan and Policy
Untuk menghadapi tantangan serta meminimalkan To mitigate the challenges and minimize the negative
dampak negatif yang ditimbulkan, Direksi menyusun impact caused by Covid-19 in 2020, the Board of Directors
strategi dan beberapa kebijakan strategis dengan formulated plans and several strategic policies by taking
mempertimbangkan arahan yang disampaikan Dewan into account the overarching direction given by the Board
Komisaris. of Commissioners.
Dalam rangka menjaga keselamatan dan kesehatan To maintain employee health and safety, as part of its
karyawan, sebagai bagian dari “Protect the People”, "Protect the People" commitment, the Company adopted a
Perseroan mengambil kebijakan strategis dengan strategic policy by forming a Covid-19 Task Force in March
membentuk Satuan Tugas Covid-19 pada bulan Maret 2020. 2020. This was done as a quick response by the Company
Hal ini dilakukan sebagai respon cepat Perseroan dalam in supporting government policies regarding limited
mendukung kebijakan pemerintah mengenai mobilisasi mobilization in Indonesia. This Task Force plays a role in
terbatas di Indonesia. Satuan Tugas ini berperan untuk maintaining, anticipating, and minimizing the spread of
menjaga, mengantisipasi serta meminimalisir penyebaran the Covid-19 virus at work areas of the Company and its
virus Covid-19 di wilayah kerja Perseroan dan Entitas Anak. Subsidiaries. Protection of the Company’s employees has
Perlindungan terhadap insan Perseroan dimulai dengan been carried out with strict enforcement of the Covid-19
memberlakukan protokol pencegahan Covid-19 secara prevention protocol, at the head office and all project sites.
ketat, baik di kantor pusat maupun di site. Perseroan The Company has been enforcing the work from home
memberlakukan kebijakan work from home (WFH) (WFH) scheme on employees stationed at the head office or
bagi karyawan yang berkerja di kantor pusat ataupun the operational offices, as long as they were able to execute
kantor operasional, bila memungkinkan. Perseroan juga their duties properly from home. The Company also provides
menyediakan fasilitas penerbangan khusus (chartered chartered flights for employees who had to leave and return
flight) bagi karyawan yang hendak pergi dan kembali dari from their assignments in certain operational areas.
penugasannya di wilayah operasional tertentu.

Sedangkan untuk “Protect the Business”, Perseroan As for its “Protect the Business” commitment, the Company
membuat dan menerapkan sebuah rencana prepared and implemented a Business Continuity Plan
kesinambungan usaha (Business Continuity Plan – BCP) (BCP) applicable to all of the Company’s Subsidiaries.
yang diaplikasikan oleh seluruh Entitas Anak Perseroan. The BCP was established by determining the financial
BCP ditetapkan dengan menentukan indikator (threshold) and operational indicators (threshold). For each of these
finansial dan operasional. Terhadap masing-masing indicators, the Company together with its Subsidiaries
indikator tersebut, Perseroan bersama dengan Entitas have prepared a mitigation plan so that the Company could
Anak mempersiapkan rencana mitigasi agar operasi dapat resume its normal operations.
normal kembali.
Beberapa strategi bisnis yang tetap dilanjutkan oleh Some of the business strategies that were allowed to
Perseroan diuraikan sebagai berikut. continue are as follows.
1. Optimalisasi Proses Bisnis dan Struktur Organisasi di 1. Optimization of Business Processes and Organizational
Grup ABM Structure in ABM Group
Perseroan melakukan optimalisasi proses dan The Company optimizes its processes and organization
organisasi yang dijalankan di Grup ABM, serta terus in ABM Group and improved the quality and competence
meningkatkan kualitas dan kompetensi karyawan agar of its employees so that they could carry out their roles
mampu menjalankan perannya secara maksimal. optimally.
2. Efisiensi Biaya Operasional dan Belanja Modal 2. Efficiency of Operating Expenses and Capital
Expenditures
Perseroan menetapkan prioritas belanja modal The Company has set priorities for capital expenditures
berdasarkan tingkat urgensinya. Beberapa proyek based on the level of urgency. Several strategic projects
strategis yang dapat memberikan keuntungan tetap that can provide benefits remain the Company's priority.
menjadi prioritas Perseroan.
3. Peningkatan Sinergi di Grup ABM dan Optimalisasi 3. Enhanced Synergy in ABM Group and Optimized
Kerja Sama dengan Pelanggan Cooperation with Customers
Pelibatan seluruh Entitas Anak di Grup ABM bahkan Involving the entire Subsidiaries in the Group ABM even
di Grup TMT, seperti di site Mifa dan TIA, terus in TMT Group, as at Mifa site and TIA, continuously
ditingkatkan. Selain itu, Perseroan juga terus aktif improved. In addition, the Company was actively
mencari pelanggan baru yang mempunyai reputasi seeking new and reputable customers from whom it
baik dan dapat memberikan kontrak kerja jangka can secure long-term business contracts. We believed
panjang. Hal ini diyakini akan menjaga kesinambungan that this would maintain our operational and financial
operasional dan keuangan dalam jangka panjang. sustainability in the long term.
Penyusunan hingga penerapan dan evaluasi strategi bisnis The preparation, implementation, and evaluation of
Perseroan dikomunikasikan secara intensif di lingkungan the Company’s business strategy was communicated
internal Direksi dan juga bersama Dewan Komisaris. Hal ini intensively between the Board of Directors and the Board
dapat dilihat pada pembahasan Tata Kelola Perusahaan, of Commissioners. This has been detailed further in the
khususnya pada uraian rapat Direksi, dalam Laporan Corporate Governance section, in the explanation on the
Tahunan ini. Board of Directors meetings, in this Annual Report.
Pencapaian Kinerja Performance Achievement
Penerapan strategi dan kebijakan strategis Perseroan The implementation of the Company’s adaptive strategies
yang adaptif telah mampu mempertahankan kinerja and policies has been able to keep the Company’s positive
operasional dan keuangan Perseroan secara konsolidasian operational and financial performance. Although overall the
tetap positif. Meskipun secara keseluruhan mengalami performance declined from that in the previous year, the
penurunan dari tahun sebelumnya, namun pencapaian Company’s achievement in 2020 was generally satisfactory.
Perseroan di tahun 2020 cukup memuaskan.

Total pendapatan neto konsolidasian mencapai AS$606,41 Total consolidated net revenue reached US$606.41 million,
juta, meningkat 2,37% dari tahun 2019. Peningkatan ini an increase of 2.37% from 2019’s figure. This achievement
berasal dari peningkatan segmen kontraktor tambang was due to an increase in the mining contractors and coal
dan tambang batu bara serta usaha lain-lain, masing- mining segment and the others segment, by 7.76% and
masing sebesar 7,76% dan 13,75%. Hal ini tidak lepas 13.75%, respectively. This increase was in turn owing to
dari peningkatan produksi pada CK dibandingkan tahun the ramped up production at CK compared to the previous
sebelumnya. Sedangkan, segmen jasa dan pabrikasi masing- year’s. Meanwhile, the services and manufacturing
masing mengalami penurunan sebesar 10,56% dan 25,16%. segments declined by 10.56% and 25.16%, respectively.
Perseroan juga tetap menjaga keseimbangan posisi The Company also maintained the balance of its financial
keuangan. Total aset menurun 3,16% sehingga menjadi positions. The Company’s total assets decreased by 3.16%
AS$ 827,24 juta. Total liabilitas meningkat 9,27% sehingga to US$827.24 million. Total liabilities increased by 9.27% to
menjadi AS$ 665,49 juta. Peningkatan ini terutama US$665.49 million. These achievements were mainly due to the
disebabkan oleh peningkatan liabilitas sewa efek dari increase in the obligation for lease securities arising from the
PSAK 73 dan utang usaha. Sedangkan, ekuitas menjadi implementation of SFAS 73, and trade payables. Meanwhile,
AS$161,75 juta. the Company’s equity amounted to US$161.75 million.
Penerapan Tata Kelola Perusahaan Implementation of Good Corporate

Governance
Penerapan tata kelola perusahaan yang baik (GCG) di tahun The quality of GCG implementation in 2020 improved from
2020 meningkat kualitasnya dibanding tahun sebelumnya. that of the previous year. This increase was marked by the
Peningkatan kualitas GCG ini ditandai dengan penguatan enhanced GCG structure owing to the assignment of the
struktur penanggung jawab GCG dengan dibentuknya Tim designated party responsible for GCG implementation, and
Tata Kelola Perusahaan (Tim GCG) dan disahkan secara the formation of the Good Corporate Governance Team (GCG
formal. Tim GCG adalah unit yang bertanggung jawab Team) which has been formally ratified by the Company. The
untuk memelihara dan mendukung implementasi GCG di GCG team is now responsible for maintaining and supporting
Grup ABM. GCG implementation within ABM Group.
Peningkatan kualitas juga dilakukan melalui pemanfaatan Quality improvement was also carried out by maximizing the
teknologi informasi secara maksimal untuk melaksanakan use of information technology to deploy an internal control
sistem pengendalian internal. Hal ini dilakukan mulai dari system. This was done from the dissemination stage to
tahap sosialisasi sampai dengan penilaian kinerja GCG the assessment of GCG performance through the Internal
melalui audit internal (Internal Audit Management System/ Audit Management System (IAMS) in the Company and its
IAMS) di Perseroan dan Entitas Anak. Hasilnya terlihat dari Subsidiaries. The results were seen from the increase in
lebih banyak pelaporan pelanggaran melalui teknologi reporting of violations through information technology
informasi dilakukan oleh karyawan Perseroan. means by the Company’s employees.
Di tahun 2020, Perseroan juga aktif mensosialisasikan In 2020, the Company actively disseminated anti-fraud
praktik anti-fraud untuk menekan perilaku yang tidak practices to suppress behaviors that are incompatible with
sesuai dengan nilai-nilai utama Perseroan dan pelanggaran the Company’s core values, and also suppress violations of
terhadap peraturan yang berlaku. the prevailing regulations.
Dari sejumlah kasus yang dilaporkan di tahun 2020, From all the violations reported in 2020, 73.91% have been
sebanyak 73,91% telah ditindaklanjuti melalui kegiatan followed up and resolved through a fair audit. The number
audit yang adil. Adapun jumlah kasus yang diterima melalui of cases received through the whistleblowing system (WBS)
whistleblowing system (WBS) tersebut tercatat lebih was recorded to be lower than that in 2019. This indicated
rendah dari tahun 2019, yang mengindikasikan semakin the increasing awareness of the Company’s employees of
tingginya kesadaran insan Perseroan untuk menerapkan the importance of having integrity in implementing GCG
integritas dan prinsip-prinsip GCG. principles.

Ke depannya, peningkatan kualitas GCG ini akan terus Going forward, the efforts to improve GCG quality will be
dilanjutkan dengan mengintegrasikan aspek tata kelola, carried out by integrating the aspects of governance, risk,
manajemen risiko, dan kepatuhan (governance, risk, and compliance (GRC). GRC integration is intended to help
compliance - GRC). Integrasi GRC ini ditujukan untuk the Company ensure that every action and decision-making
membantu Perseroan memastikan bahwa setiap tindakan is carried out properly, in line with its risk profile and the
dan pengambilan keputusan dilakukan dengan benar, applicable policies and regulations.
sesuai dengan profil risiko yang dimiliki, serta sesuai
dengan kebijakan dan peraturan yang berlaku.
Penerapan Tanggung Jawab Sosial Implementation of Corporate Social

Perusahaan Responsibility
Penerapan tanggung sosial perusahaan (CSR) terus The implementation of corporate social responsibility (CSR)
ditingkatkan secara berkala, sejalan dengan pertumbuhan has been improved on an ongoing basis, in line with the
Perseroan. Upaya ini didukung dengan dilakukannya growth of the Company. This effort has been conducted by
pengukuran ketahanan perusahaan terhadap risiko jangka measuring the Company’s resilience against a set of long-
panjang dari lingkungan, sosial, dan tata kelola (environment, term environmental, social, and governance (ESG) risks,
social, and governance - ESG) oleh lembaga independen done by an independent institution, Morgan Stanley Capital
(Morgan Stanley Capital International/MSCI). Perseroan International (MSCI). For this assessment, the Company
mendapatkan penilaian “BB” atau baik. Hasil pengukuran received a “BB” score, which signified a good performance.
ini menjadi landasan Perseroan untuk meningkatkan CSR The results of this measurement became the basis for the
agar Perseroan menjadi salah satu perusahaan yang dapat Company to enhance its CSR to become a company with
menerapkan CSR terbaik di industri sejenis. exemplary CSR programs among its peers in the industry.
Beberapa aspek CSR yang difokuskan dan sedang Several aspects of CSR that the Company is focusing on and
diupayakan peningkatannya adalah pemenuhan tanggung is improving are the fulfillment of responsibilities related
jawab terkait pengelolaan lingkungan, serta kesehatan dan to environmental management as well as occupational
keselamatan kerja (K3). Peningkatan kualitas dilakukan health and safety (OHS). Quality improvement is carried
sesuai dengan rekomendasi penilaian ESG, sebagaimana out following the ESG assessment recommendations, as
diuraikan dalam pembahasan Tanggung Jawab Sosial described in the Corporate Social Responsibility chapter in
Perusahaan dalam Laporan Tahunan ini. this Annual Report.
Prospek Usaha Business Prospect
Perekonomian dunia dan perekonomian Indonesia di The global economy and the Indonesian economy in 2021 are
tahun 2021 diproyeksikan akan mengalami pertumbuhan both projected to grow in line with the vaccine rollout taking
seiring dengan pelaksanaan vaksinasi di berbagai negara. place in many countries. The acceleration of vaccination
Percepatan vaksinasi diharapkan dapat meningkatkan drives is expected to spur growth in the real economy and
roda pertumbuhan di pasar riil dan pasar keuangan. the financial markets. Demand for coal is predicted to
Permintaan batu bara diprakirakan akan meningkat increase with the main source of growth coming from the
dengan sumber permintaan utama untuk kelistrikan demand for electricity and manufacturing activities. The
dan produksi industri. Selain itu, pemerintah juga sudah government has also begun to relax its social restrictions,
mulai melonggarkan ketentuan mobilitas walaupun albeit in a limited manner. This will certainly boost activities
masih terbatas, yang tentunya akan dapat menggerakkan related to logistics and industrial engineering services.
kembali kegiatan logistik dan jasa rekayasa industri.
Untuk meraih potensi pertumbuhan tersebut, Perseroan To seize this growth potential, the Company has formulated
telah menyusun strategi dan kebijakan strategis hingga the strategies and policies for the next five years in what
lima tahun ke depan atau yang disebut ABM Vision 2025. is called ABM Vision 2025. ABM Vision 2025 encapsulates
ABM Vision 2025 sendiri adalah ambisi Perseroan yang the Company’s aspiration focused on Stability, Synergy
berfokus pada: Stabilitas (Stabilize), Sinergi (Groupwide) (Groupwide), and Growth. This Vision will serve as a guideline

dan Pertumbuhan (Growth). Visi ini akan menjadi panduan and direction for all businesses under ABM Group, starting
dan arah bagi semua bisnis di bawah Grup ABM, mulai from the employees, the business focus, operating models,
dari karyawan, fokus usaha perusahaan, model operasi, to its finances. With ABM Vision 2025, the Company hopes
dan finansial. Dengan menjalankan ABM Vision 2025, to achieve financial stability and synergy in TMT Group, and
diharapkan kestabilan finansial, sinergi di Grup TMT, become a reputable company in the fields it is engaged in,
serta reputasi Perseroan yang positif dapat tercipta dan in keeping with the predetermined targets.
tercapai sesuai dengan target yang telah ditetapkan.
Perubahan Komposisi Anggota Direksi Changes in the Board of Directors

Composition
Pada tahun 2020, telah terjadi perubahan keanggotaan In 2020, there was a change in the composition of the
Direksi Perseroan sesuai dengan keputusan RUPS Tahunan Company’s Board of Directors following the resolution of
tanggal 18 Juni 2020. RUPS telah menyetujui pengangkatan the Annual GMS on 18 June 2020. The AGMS approved the
Haris Mustarto sebagai anggota Direksi untuk meningkatkan appointment of Haris Mustarto as a member of the Board
efektivitas pengelolaan Grup ABM. Dengan demikian, of Directors to improve the effectiveness of ABM Group’s
susunan anggota Direksi Perseroan menjadi: management. Thus, the current composition of the Board
of Directors of the Company is as follows:
Direktur Utama : Achmad Ananda Djajanegara; President Director : Achmad Ananda Djajanegara;
Direktur : Adrian Erlangga; dan Director : Adrian Erlangga; and
Direktur : Haris Mustarto. Director : Haris Mustarto.
Penutup Closing
Pencapaian dan pertumbuhan Perseroan di tahun We attribute the Company’s achievements and growth
2020 diraih berkat usaha dari seluruh karyawan yang in 2020 to the relentless effort of all employees, who are
mengupayakan inovasi dan kreativitas di tengah tantangan striving for innovation and creativity amid the challenges and
dan perubahan proses kerja, kepercayaan dan dukungan the changes in work processes. We also thank the trust and
dari Pemegang Saham dan Dewan Komisaris, serta kerja support of our Shareholders and the Board of Commissioners,
sama yang baik dengan mitra usaha dan pelanggan. Oleh and sound cooperation with our business partners and
karena itu, melalui kesempatan ini, Direksi menyampaikan customers. Through this opportunity, the Board of Directors
apresiasi yang besar atas setiap bentuk dukungan would like to express its utmost appreciation for the support
yang diberikan kepada Direksi untuk mempertahankan given to the Board of Directors to maintain and develop the
bahkan mengembangkan Perseroan dan Entitas Anak. Company and its Subsidiaries further. The Board of Directors
Optimalisasi pengelolaan akan terus Direksi upayakan will continue to optimize the Company’s management in the
ke depannya agar Perseroan dapat memberikan manfaat future so that the Company can deliver greater benefits to all
yang lebih besar kepada seluruh pemangku kepentingan. stakeholders.
Jakarta, April 2021

Atas nama Direksi PT ABM Investama Tbk,
On behalf of the Board of Directors of PT ABM Investama Tbk,

Direktur Utama
President Director

Tanggung Jawab Laporan Tahunan
Annual Report Responsibility
Surat Pernyataan Anggota Direksi dan Anggota Dewan Komisaris

Tentang Tanggung Jawab Atas Laporan Tahunan 2020
Statement of Members of the Board of Directors and the Board of Commissioners

on the Responsibility for the 2020 Annual Report
of PT ABM Investama Tbk
Kami, yang bertanda tangan di bawah ini, menyatakan We, the undersigned, hereby declare that all information in
bahwa semua informasi dalam Laporan Tahunan the Annual Report of PT ABM Investama Tbk for year 2020
PT ABM Investasi Tbk tahun 2020 telah dimuat secara has been fully contained and we shall be fully responsible
lengkap dan bertanggung jawab penuh atas kebenaran isi to the correctness of contents in the Annual Report of the
Laporan Tahunan Perseroan. Company.
Demikian pernyataan ini dibuat dengan sebenarnya. This statement is hereby made in all truthfulness.
Jakarta, April 2021
Direksi, Dewan Komisaris,

Board of Directors, Board of Commissioners,
Achmad Ananda Djajanegara Rachmat Mulyana Hamami

Direktur Utama Komisaris Utama
President Director President Commissioner
Adrian Erlangga Mivida Hamami

Direktur Komisaris
Director Commissioner
Haris Mustarto Arief Tarunakarya Surowidjojo

Direktur Komisaris Independen
Director Independent Commissioner


Profil
Perusahaan
Company Profile
ABM memiliki:
ABM has:
3 Segmen Usaha 6 Entitas Anak Langsung

3 Business Segments 6 Direct Subsidiaries
16 Entitas Anak Tidak Langsung 2 Entitas Asosiasi

16 Indirect Subsidiaries 2 Associated Entity
Wilayah Operasional dan Jangkauan Usaha

yang Tersebar di Berbagai Daerah di Indonesia
Operational Areas and Business Reach Across
Various Regions in Indonesia
Luas Konsesi Tambang Batu Bara

Coal Mine Concession Area
3.085
Hektare / Hectares
4.629
Hektare / Hectares
melalui TIA melalui Mifa dan BEL

via TIA via MIFA and BEL

Informasi Umum dan Identitas Perusahaan

General Information and Company Identity
Nama Perusahaan
Company Name
Tanggal Pendirian
Date of Establishment
1 Juni 2006 / 1 June 2006
Dasar Hukum Pembentukan

Legal Basis of Establishment Tanggal Perubahan Nama
Date of Name Change
Akta Notaris Asih Wahyuni Martaningrum, SH,
No. 01 tanggal 1 Juni 2006, dengan nama 31 Agustus 2009
PT Adiratna Bani Makmur, yang telah disahkan 31 August 2009
oleh Menteri Hukum dan Hak Asasi Manusia
Republik Indonesia dengan Surat Keputusan Akta Perubahan Terakhir
No. C-22790.HT.01.01.TH.2006 tanggal Most Recent Amendment to the
Articles of Association
3 Agustus 2006.
Akta Notaris Jose Dima Satria, SH, MKn,
Deed of Notary Asih Wahyuni Martaningrum, No. 146 tanggal 18 Juni 2020 mengenai
SH, No. 01 dated 1 June 2006, under the name pergantian Direksi Perseroan. Perubahan
of PT Adiratna Bani Makmur, as ratified tersebut telah diberitahukan kepada
by the Minister of Law and Human Rights Menteri Hukum dan Hak Asasi Manusia
of the Republic of Indonesia in the Decree Republik Indonesia dalam Surat No. AHU-
No. C-22790.HT.01.01.TH.2006 dated 3 August AH.01.03-0271040 tanggal 2 Juli 2020.
2006.
Notarial Deed of Jose Dima Satria, SH, MKn,
Dasar Hukum Perubahan Nama No. 146 dated 18 June 2020 on the Changes of
Legal Basis for Name Change the Board of Directors of the Company. The
changes were notified to the Minister of Law
Akta Notaris Dwi Yulianti, SH, No. 5 tanggal
and Human Rights of the Republic of Indonesia
31 Agustus 2009 tentang perubahan nama
in the Letter No. AHU-AH.01.03-0271040 dated
Perusahaan dari PT Adiratna Bani Makmur
2 July 2020.
menjadi PT ABM Investama yang telah
disetujui oleh Menteri Hukum dan Hak Asasi
Manusia Republik Indonesia dengan Surat Kegiatan Usaha
Keputusan No. AHU50239.AH.01.02. Tahun Business Sectors
2009 tanggal 16 Oktober 2009. Jasa konsultasi manajemen bisnis, termasuk
perencanaan dan desain dalam rangka
Deed of Notary Dwi Yulianti, SH, No. 5 dated pengembangan manajemen bisnis, serta jasa
31 August 2009 on the Change of Name of the penyewaan alat berat.
Company from PT Adiratna Bani Makmur to
PT ABM Investama, as approved by the Minister Business management consulting services,
of Law and Human Rights of the Republic of including planning and design for business
Indonesia in the Decree No. AHU50239. AH.01.02. management development, heavy equipment
Tahun 2009 dated 16 October 2009. rental services.

PROFIL PERUSAHAAN ··· COMPANY PROFILE
Pencatatan Obligasi di Bursa Saham

Bonds Listing
1 Agustus 2017
di Singapore Stock Exchange (SGX)
1 August 2017
on the Singapore Stock Exchange (SGX)
Kode Obligasi dan Peringkatnya

Bonds Code and Rating
• AS$300,000,000 7.125% Senior Notes:
Kepemilikan Saham Y708CHAA8 (2020) | “B1” (Moody’s) |
Shareholders “B+“ (Fitch); dan / and
• Valle Verde Pte Ltd : 55,956% • AS$50,000,000 7.125% Senior Notes:
• PT Tiara Marga Trakindo : 23,114% 69379AAA3 (2020) | “B1” (Moody’s) | “B+“ (Fitch).
• Rachmat Mulyana Hamami : 0,222%
(Komisaris Utama /
President Commissioner) Jumlah Karyawan
• Achmad Ananda Djajanegara : 0,047 % Number of Employees
(Direktur Utama / 7.490 orang / people
President Director)
• Mivida Hamami : 0,005%
Jaringan Bisnis dan Kelompok Usaha
(Komisaris / Commissioner)
Business Network and Business Group
• Bank Julius Baer Co Ltd : 10,368 %
• Masyarakat Umum dan : 10,288% 6 Entitas Anak dengan kepemilikan langsung

Karyawan / General Public and dan 16 Entitas Anak kepemilikan tidak
Employees langsung, dan 2 Entitas Asosiasi.
6 Subsidiaries directly owned and 16 Subsidiaries

Modal Dasar indirectly owned, and 2 Associated Entities.
Authorized Capital
Rp4.680.000.000.000,- Alamat dan Kontak Kantor

Office Address and Contact
Modal Ditempatkan dan Disetor Gedung TMT 1, 18th Floor, Suite 1802
Issued and Paid-Up Capital
Jl. Cilandak KKO No. 1
Rp1.376.582.500.000,- Jakarta, 12560, Indonesia
(+62 21) 2997 6767
Pencatatan Saham di Bursa Saham (+62 21) 2997 6768
Share Listing corporate.secretary@abm-investama.co.id
www.abm-investama.com
6 Desember 2011 di Bursa Efek Indonesia
6 December 2011 on the Indonesia Stock Exchange
Kontak Perusahaan
Corporate Contact Point
Kode Saham Sekretaris Perusahaan / Corporate Secretary
Share Ticker Code Rindra Donovan
(+62 21) 2997 6767
ABMM
(+62 21) 2997 6768
Keterangan: data per 31 Desember 2020. / Notes: data as of 31 December 2020.

Riwayat Singkat
Brief History
PT ABM Investama Tbk Sekilas tentang ABM

(“Perseroan”) merupakan
Mengedepankan visi menjadi perusahaan dengan
perusahaan induk di bidang
investasi strategis di bidang sumber daya energi, jasa
energi terintegrasi yang berada energi, dan infrastruktur energi, memacu Perseroan
di bawah naungan Grup Tiara untuk mengelola dan memperkuat keseluruhan
Marga Trakindo (“TMT”). rantai nilai pertambangan. Pengembangan bisnis
senantiasa dilakukan dengan mengoptimalkan serta
mengintegrasikan bisnis-bisnis Perseroan, mulai dari
PT ABM Investama Tbk (“the sumber daya pertambangan, jasa pertambangan,
Company”) is a holding hingga infrastruktur pertambangan yang didukung oleh
company which runs an perusahaan logistik dan jasa rekayasa terkemuka.
integrated energy business
under Tiara Marga Trakindo
ABM at a Glance
Group (“TMT”).
Upholding the vision of becoming a company with strategic
investments in the areas of energy-related resources,
services and infrastructure, the Company is emboldened
to manage and strengthen its entire mining value chain.
Business development is carried out by optimizing and
integrating the Company’s business, from mining resources,
mining services, to mining infrastructure supported by
leading logistics and engineering services companies.

Bersama dengan Entitas Anak, Perseroan senantiasa Together with its subsidiaries, the Company continues to
memperluas portofolio bisnis melalui berbagai kegiatan expand its business portfolio through various activities
di sektor pertambangan, baik di jasa pertambangan in the mining sector, both in mining services and mining
maupun infrastruktur pertambangan. Perseroan turut infrastructure. The Company also contributes to expanding
meningkatkan kapasitas produksi, profitabilitas, production capacity, increasing profitability, and developing
dan pengembangan sumber daya manusia secara its human resources comprehensively, in order to maintain
komprehensif demi menjaga kestabilan unit bisnis dan the stability and continuity of its business in the future.
kesinambungan usaha di masa depan.
Perubahan Nama dan Status Change of Name and Legal Status

Badan Hukum
PT ABM Investama Tbk didirikan pada 1 Juni 2004 dengan PT ABM Investama Tbk was established on 1 June 2004
nama PT Adiratna Bani Makmur. Lebih dari satu dasawarsa under the name PT Adiratna Bani Makmur. After more than
beroperasi, Perseroan pernah berganti nama menjadi a decade of operation, the Company changed its name
PT ABM Investama pada 31 Agustus 2009, seiring dengan to PT ABM Investama on 31 August 2009, in line with the
proses akuisisi oleh Grup TMT. acquisition process by the TMT Group.
Sejalan dengan pertumbuhan dan perkembangan usaha, In line with the growth and development of the business,
Perseroan melakukan penawaran umum saham perdana di the Company conducted an initial public offering of shares
Bursa Efek Indonesia pada 6 Desember 2011. Aksi korporasi on the Indonesia Stock Exchange on 6 December 2011. The
merubah status hukum Perseroan dari perusahaan corporate action changed the Company's legal status from
tertutup menjadi perusahaan terbuka. a private company to a public company.
Pendirian Sekarang
Establishment Now
2006 2009 2011
PT Adiratna Bani Makmur PT ABM Investama PT ABM Investama Tbk
Perubahan Nama Penawaran Umum Saham Perdana

Name Change Initial Public Offering

Bidang Usaha
Line of Business
Sesuai dengan Pasal 3 Anggaran Dasar Perusahaan yang In accordance with Article 3 of the Company’s Articles of
terakhir disahkan melalui Akta No. 9 tanggal 5 Juni 2015 Association, which was most recently ratified by Deed No.
oleh Notaris Jose Dima Satria SH MKn di Jakarta, maksud 9 dated 5 June 2015 by Notary Jose Dima Satria SH, MKn
dan tujuan Perseroan adalah menjalani usaha dalam in Jakarta, the Company’s aim and objective is to conduct
bidang jasa. Untuk mencapai maksud dan tujuan tersebut, businesses in the services sector. To achieve these aims
Perseroan melakukan kegiatan usaha utama sebagai and objectives, the Company conducts the following main
berikut. business activities.
1. Menjalankan jasa konsultasi manajemen bisnis 1. Business management consulting services including
termasuk perencanaan dan desain dalam rangka planning and design in the framework of developing
pengembangan manajemen bisnis pertambangan, business management in mining, energy, engineering,
energi, teknik, engineering, industri, minyak, gas dan engineering, industry, oil, gas and geothermal energy,
panas bumi, sumber daya energi, serta jasa konsultasi energy resources, and other consulting services, except
lainnya, kecuali dalam bidang hukum dan pajak; serta in the fields of law and taxation; and
2. Menjalankan jasa penyewaan, termasuk namun tidak 2. Rental services, including but not limited to offices and
terbatas pada bidang perkantoran dan pemukiman residential areas, as well as heavy equipment rental
serta jasa penyewaan alat-alat berat pada bidang services in mining and other industries.
pertambangan serta industri lainnya.
Selain itu, untuk menunjang kegiatan utama yang dijalankan In addition, to support its main activities, the Company also
tersebut, Perseroan juga melakukan kegiatan yang terdiri dari: conducts activities consisting of:
1. Penyertaan modal pada perusahaan lain; dan 1. Equity participation in other companies; and
2. Melakukan kegiatan-kegiatan baik atas usaha sendiri 2. Activities both on its own business and on cooperation
maupun atas kerja sama dalam berbagai bentuk, baik in various forms, both directly and indirectly, including
langsung maupun tidak langsung, termasuk kerja sama operational cooperation with other parties in the
operasi dengan pihak lain dalam bidang usaha terkait business sector related to the mining business, as well
dengan bisnis pertambangan, serta industri lainnya. as other industries.
Kegiatan Usaha Berdasarkan Anggaran Dasar Telah/Belum Dijalankan Keterangan

Business Activity According to the Articles of Association Engaged / Yet Not Engaged Description
Kegiatan Usaha Utama / Main Business Activities
Menjalankan jasa konsultasi manajemen bisnis termasuk Melakukan konsultasi bisnis

perencanaan dan desain dalam rangka pengembangan manajemen bagi kepentingan internal
bisnis pertambangan, energi, teknik, engineering, industri, minyak, kelompok perusahaan.
gas dan panas bumi, sumber daya energi, serta jasa konsultasi Provides business consulting
lainnya, kecuali dalam bidang hukum dan pajak. for internal interests within
√
Business management consulting services including planning and the Group.
design in the framework of developing business management in mining,
energy, engineering, engineering, industry, oil, gas and geothermal
energy, energy resources, and other consulting services, except in the
fields of law and taxation.
Menjalankan jasa penyewaan, termasuk namun tidak terbatas pada Perseroan saat ini tidak
bidang perkantoran dan pemukiman serta jasa penyewaan alat-alat menjalankan bisnis jasa
berat pada bidang pertambangan serta industri lainnya. penyewaan alat berat.
X
Rental services, including but not limited to offices and residential areas, Currently the Company is not
as well as heavy equipment rental services in mining and other industries. engaged in rental of heavy
equipment.
√ = telah dijalankan / engaged

x = belum dijalankan / not yet engaged

Segmen Usaha Business Segments
Perseroan membagi kegiatan usaha ke dalam 3 segmen The Company divides its business activities into three
sesuai dengan Pernyataan Standar Akuntansi Keuangan segments in line with the stipulations of the Statements of
(PSAK), yaitu: Financial Accounting Standards (SFAS), namely:
1. Kontraktor tambang dan tambang batu bara; 1. Mining contractor and coal mining;
2. Jasa; serta 2. Services; and
3. Pabrikasi. 3. Fabrication
Entitas Anak Perseroan yang menjalankan 3 segmen The Company’s subsidiaries that are engaged in the above
usaha tersebut diuraikan sebagai berikut. three business segments are as follows.
Kontraktor Tambang dan

Jasa Pabrikasi
Tambang Batu Bara Services Fabrication
Mining Contractor and Coal Mining
Perancangan dan pembuatan peralatan

transportasi serta industri untuk
pertambangan, minyak dan gas bumi,
Kontraktor penambangan serta Solusi ketenagalistrikan, logistik termasuk juga untuk perbaikan dan re-
penambangan dan perdagangan terintegrasi, dan jasa rekayasa. manufaktur komponen utama alat berat
batu bara. pertambangan.
Power services, integrated logistics, Design and fabrication of transportation
Mining contractor as well as and engineering services. and industrial equipment for mining,
mining and trading of coal.
oil, and gas, as well as repairing and
remanufacturing of main components of
mining related heavy equipment.
Segmen Usaha Entitas Anak Bidang Usaha Entitas Anak

Business Segment Subsidiary Subsidiary’s Line of Business
Kontraktor tambang batu bara

Kontraktor Tambang dan Tambang Batu PT Cipta Kridatama (“CK”)
Coal Mining Contractor
Bara
Mining Contractor and Coal Mining Penambangan dan perdagangan batu bara
PT Reswara Minergi Hartama (“Reswara”)
Coal Mining and Trading
Jasa solusi ketenagalistrikan

PT Anzara Janitra Nusantara (“AJN”)
Power services
Jasa Jasa logistik terintegrasi

PT Cipta Krida Bahari (“CKB Logistics”)
Services Integrated Logistic Services
Jasa rekayasa
Engineering Services
PT Sanggar Sarana Baja (“SSB”)
Pabrikasi Pabrikasi/manufaktur
Fabrication Fabrication/manufacturing
Selain itu, Perseroan juga memiliki bidang usaha In addition, the Company is also engaged in the trading of
perniagaan bahan bakar minyak yang masuk dalam petroleum, which is categorized as other business. This is
kategori usaha lain-lain. Bidang usaha tersebut dijalankan run by a subsidiary, PT Prima Wiguna Parama (“PWP”).
oleh Entitas Anak, yaitu PT Prima Wiguna Parama (“PWP”).

Visi, Misi, Nilai

Inti, dan Sikap
Kepemimpinan
Vision, Mission, Core Values, and
Leadership Traits
Persetujuan Manajemen Approval of Key Management

Kunci atas Visi dan Misi of the Company’s Vision and
Perseroan Mission
Visi dan Misi, Nilai Inti, dan Sikap The Company’s Vision and Mission, Core
Kepemimpinan Perseroan yang terdapat Values, and Leadership Traits stipulated
dalam Piagam Tata Kelola Perusahaan in the Good Corporate Governance Charter
(Good Corporate Governance Charter) telah have received the support and approval
mendapatkan dukungan dan persetujuan
from the Board of Commissioners and
bersama dari Dewan Komisaris dan
Directors of the Company based on ABM
Direksi Perseroan berdasarkan Surat
Directors Decree No. 002/ABM-BOC-
Keputusan Direksi ABM No. 002/ABM-
Cir/I/2013 since January 2013. The Board
BOC-Cir/I/2013 sejak Januari 2013.
Dewan Komisaris dan Direksi juga menilai of Commissioners and Directors have
bahwa Visi dan Misi, Nilai Inti, dan Sikap also assessed that the Vision and Mission,
Kepemimpinan Perseroan masih sejalan Core Values, and Leadership Traits of the
dengan kondisi dan tujuan ABM saat ini. Company are still in line with ABM’s current
business conditions and objectives.

Visi Vision
Untuk menjadi perusahaan investasi terkemuka
dengan melakukan berbagai investasi strategis
di bidang sumber daya energi, jasa energi, dan
infrastruktur energi.
To be the leading investment company with strategic
investments in energy resources, services and
infrastructures.
Secara terus menerus menciptakan lapangan

kerja yang layak dan berkualitas bagi sebanyak
mungkin rakyat Indonesia;
To continually create meaningful and challenging
job opportunities for as many Indonesians as
possible;
Selalu memastikan pertumbuhan bisnis yang

berkelanjutan dan menguntungkan yang
memaksimalkan nilai Pemegang Saham;
Misi
To ensure sustainable and profitable growth that
maximizes shareholder value;
Senantiasa menyediakan solusi-solusi bernilai

tambah yang akan mengoptimalkan kepuasan
pelanggan; dan Mission
To provide value-added solutions that will
optimize customer satisfaction; and
Secara aktif terlibat dalam masyarakat sebagai

warga korporat yang baik.
To actively engage within communitites as good
corporate citizen.

Nilai Inti
Core Values
INTEGRITAS Integrity
Kami senantiasa menerapkan standar etika dan
moral tertinggi dengan selalu mengedepankan azas
kejujuran dan keadilan dalam setiap kegiatan.
We enforce the highest ethical and moral standards,
demonstrating honesty and fairness in all activities.
PENGEMBANGAN BERKELANJUTAN
Continuous Development
Kami bertekad untuk senantiasa mengembangkan
perusahaan kami berikut sumber daya manusianya.
We are committed to continuously developing both
our companies and employees.
KEUNGGULAN Excellence
Kami terus berupaya mencapai
standar kinerja tertinggi.
We continuously strive to achieve
the highest standards as result.
PROAKTIF Proactive
Kami terus mencari dan mengadopsi teknik
dan pendekatan baru untuk meningkatkan
mutu basis kami.
We pursue and adopt new techniques and
approaches to improve our business quality.
TANGGUNG JAWAB Accountability

Kami bertanggung jawab kepada seluruh
pemangku kepentingan atas segala keputusan
dan tindakan yang kami ambil.
We assume responsibility to shareholders for
all decisions and actions taken.
KERJA SAMA KELOMPOK Teamwork

Kami mendorong dan mendukung keanekaragaman
tenaga kerja berdasarkan azas saling percaya dan
menghormati, serta bersama-sama mencapai
semua sasaran yang telah ditetapkan dengan
berkomunikasi secara baik.
We promote and support a multicultural workforce,
based on the principles of trust and respect, collectively
achieving goals by communicating appropriately.

Sikap Kepemimpinan
Leadership Traits
KOMPETEN Competent
Kompetensi kepemimpinan dalam
mengambil keputusan yang tepat.
Display leadership competence in
making correct decisions.
BERWAWASAN KE DEPAN Visionary

Dapat menetapkan tujuan secara menyeluruh,
memiliki visi yang dapat dikomunikasikan dengan
baik dan kemudian dimiliki oleh seluruh anggota
organisasi, mempunyai gambaran bagaimana cara
untuk meraih keberhasilan dan menetapkan
prioritas berdasarkan nilai-nilai inti Perseroan.
Set encompassing goals, have a well-communicated
vision that all members of the organization would take
into ownership, envision how to succeed and establish
priorities based on the Company’s core values.
MENGINSPIRASI Inspiring
Memperlihatkan kepercayaan diri dalam semua
interaksi, memegang kendali, memiliki daya tahan,
senantiasa berkomunikasi, memberi inspirasi, dan
memberdayakan para karyawan untuk terus berprestasi.
Exhibit confidence in all interactions; take charge,
demonstrate endurance, communicate inspire, and
empower others to achieve new heights.
MENGAKTUALISASI DIRI
Self - Actualizing
Terus mengembangkan potensi diri
dan mencari tantangan baru.
Develop self potential and
seek new challenges.
JUJUR DAN RENDAH HATI

Honest and Humble
Selalu bersikap tulus, rendah hati, dapat diandalkan,
dan jujur dalam menjaga kepercayaan.
Be sincere, modest, reliable, and straightforward in
maintaining trustworthiness.

Makna Logo Perusahaan

Corporate Logo Rationale
Garis Biru dan Hijau

Blue and Green Lines
Makna yang terkandung dalam garis The meaning contained in the blue
biru dan hijau, yaitu: and green lines are:
• Garis bergelombang • Wavy lines describe flexibility for
menggambarkan fleksibilitas growth;
untuk pertumbuhan;
• Garis hijau muda sebagai elemen • Light green line as a natural
alami tanah yang merupakan element of the soil, which is a
habitat untuk semua organisme; habitat for all organisms;
• Garis biru muda dimaknai sebagai • The light blue line as the natural
elemen alami udara yang memiliki element of air, whose form is
bentuk dan volume tidak terbatas unlimited and whose volume
yang diperlukan oleh semua expansive, needed by all living
makhluk hidup untuk bernapas things to breathe and live; and
dan hidup; serta
• Tanah (hijau muda) dan udara • The land (light green) and air (light
(biru muda) dalam logo tersebut blue) in the logo reflect that ABM
merefleksikan bahwa ABM was built through various types
dibangun melalui berbagai of expertise in order to create
keahlian dalam rangka a strong and solid organization
menciptakan organisasi yang that provides benefits for all
tangguh dan solid dalam stakeholders.
memberikan keuntungan bagi
semua pemangku kepentingan.
Tagline “Empowering Energy”

“Empowering Energy” Tagline
Makna yang terkandung dalam The meaning contained in the tagline

tagline “Empowering Energy”, yaitu: “Empowering Energy” is:
• “Empowering Energy” atau • “Empowering Energy” reflects the
“Memberdayakan Energi” energy produced by ABM that can
merefleksikan energi yang empower everyone who interacts
dihasilkan oleh ABM dapat with ABM; and
memberdayakan setiap orang yang
berinteraksi dengan ABM; serta
• Warna abu-abu gelap hingga hijau • The dark gray to green shading
menggambarkan sifat bisnis ABM reflect the nature of ABM’s business
dalam menyediakan rantai nilai in providing the value chain of the
bisnis pertambangan mineral mineral (coal) mining business in
bumi (batu bara) di lingkungan the most environmentally-friendly
yang paling ramah lingkungan. way.

Struktur Organisasi
Organizational Structure
Board of
Commissioners
Audit Nomination & Investment

Committee Remuneration Committee Committe
President Director
Head of Group
Corporate Secretary
Internal Audit
Rindra Donovan* Budi Triastomo
Director/Chief Chief Information Chief Administration Chief Financial

Operating Officer Officer Officer Officer
Adrian Erlangga Doni Syamsurianto Haris Mustarto Januar Rijadian Sumardi
Head of Corporate
Head of Strategic Initiative Head of Office of Head of Corporate
Human Capital
Management Office Strategy Management Controller
Sonny Aschwin
Didit Pramadi Anita Zultriana Hans C Manoe
Siegfried Usmany
Head of Business Head of Head of Corporate

Process Improvement Corporate Legal Finance & Treasury
Delianti Naim Aris A Kartasasmita Yoghi Nuswantoro
Head of Digital & Head of Strategy

Investor Relation
Analytics Procurement
Ahmad Salman Rida Teuku Yuza S Yoghi Nuswantoro*
Head of Enterprise
Special Asset Unit
Risk Management
Deden Eka Kurnia Rara R Dewi
Head of Corporate
Affairs
Keterangan / Note: Rindra Donovan
Struktur Organisasi Perseroan per 31 Desember 2020.
The Company’s Organizational Structure as at 31 December 2020.
*Rangkap Jabatan / Concurrent Position

Profil Dewan Komisaris

Profile of the Board of Commissioners
Rachmat Mulyana Mivida Arief Tarunakarya

Hamami Hamami Surowidjojo
Komisaris Utama Komisaris Komisaris Independen
President Commissioner Commissioner Independent Commissioner


Komisaris Utama
Kewarganegaraan Tempat, Tanggal Lahir

Nationality Place & Date of Birth
Indonesia Jakarta, 24 September 1964
Jakarta, 24 September 1964
Domisili Usia
Domicile Age
Jakarta Selatan 56 tahun
South Jakarta 56 years old
Periode dan Dasar Pengangkatan / Legal Basis of Appointment and Term of Office
• 2010-2012 : Akta No. 15 tanggal 14 Desember 2010; • 2010-2012 : Deed No. 15 dated 14 December 2010;
• 2012-2015 : Akta No. 47 tanggal 31 Mei 2012; • 2012-2015 : Deed No. 47 dated 31 May 2012;
• 2015-2018 : Akta No. 9 tanggal 5 Juni 2015; dan • 2015-2018 : Deed No. 9 dated 5 June 2015; and
• 2018-2021 : Akta No. 16 tanggal 8 Mei 2018. • 2018-2021 : Deed No. 16 dated 8 May 2018.
Riwayat Pendidikan / Education
Bachelor of Arts jurusan Business Studies, University of Bachelor of Arts in Business Studies, University of Brighton,
Brighton, Sussex, Inggris (1989). Sussex, Inggris (1989).
Pengalaman Kerja / Work Experience
• Direktur Utama PT Chakra Jawara (2006-2010); • President Director of PT Chakra Jawara (2006-2010);
• Komisaris Utama PT Tri Swardana Utama (2008-2010); • President Commissioner of PT Tri Swardana Utama (2008-2010);
• Direktur Utama Perseroan (2009-2010); • President Director of the Company (2009-2010);
• Direktur Valle Verde Pte Ltd (2010-2011); dan • Director of Valle Verde Pte Ltd (2010-2011); and
• Komisaris Utama PT Mahadana Dasha Utama (2010- • President Commissioner of PT Mahadana Dasha Utama
2016). (2010-2016).
Pendidikan/Pelatihan 2020 / Education/Training 2020
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Presented in the Corporate Governance chapter, Board of
Dewan Komisaris uraian Pengembangan Kompetensi. Commissioners section, on Competence Development.
Rangkap Jabatan / Concurrent Positions
• Direktur Utama PT Tiara Marga Trakindo (sejak 2005); dan • President Director of PT Tiara Marga Trakindo (since 2005);
and
• Komisaris Utama PT Trakindo Utama (sejak 2008). • President Commissioner of PT Tiara Marga Trakindo (since
2008).
Hubungan Afiliasi / Affiliation Relationship
Merupakan Pemegang Saham Perseroan dengan Is a Sharehoder of the Company with a stake of <5%. He also
kepemilikan <5%. Beliau juga memiliki hubungan has managerial, ownership, and family relationships with
kepengurusan, kepemilikan, dan kekeluargaan dengan another member of the Board of Commissioners (Mivida
anggota Dewan Komisaris (Mivida Hamami) serta salah satu Hamami) and one of the Ultimate Beneficial Owner of the
Pemilik Manfaat Utama Perseroan. Company.
Kepemilikan Saham Perseroan / Ownership of the Company’s Shares
6.120.500 lembar saham atau 0,222% 6,120,500 shares or 0,222%

(Program Management & Employee Stock Allocation/MESA). (Management & Employee Stock Allocation Program/MESA).

Mivida Hamami
Komisaris
Commissioner

Indonesia Surabaya, 29 Oktober 1961
Surabaya, 29 October 1961
Domisili Usia
Domicile Age
• 2004-2009 : Akta No. 1 tanggal 1 Juni 2004; • 2004-2009 : Deed No. 1 dated 1 June 2004;
• 2009-2012 : Akta No. 2 tanggal 28 Agustus 2009; • 2009-2012 : Deed No. 2 dated 28 August 2009;
• Sarjana bidang Administrasi Niaga, Fakultas Ilmu Sosial • Bachelor of Business Administration, Faculty of Social and
dan Politik, Universitas Indonesia (1988); Poitical Sciences, University of Indonesia (1988);
• Diploma Marketing, The Hotel Career Centre, • Diploma Marketing, The Hotel Career Centre, Bournemouth,
Bournemouth, Inggris (1990); dan Inggris (1990); and
• Master of Business Administration, New Hampsire • Master of Business Administration, New Hampsire College,
College, Manchester, Amerika Serikat (1992). Manchester, USA (1992).
• Direktur Utama PT Sumberdaya Sewatama (2008-2010); • President Director of PT Sumberdaya Sewatama (2008-2010);
• Komisaris Utama PT Mitra Solusi Telematika (2010-2013); • President Commissioner of PT Mitra Solusi Telematika (2010-
dan 2013); and
• Komisaris Utama PT Triyasa Propertindo (2010-2016). • President Commissioner of PT Triyasa Propertindo (2010-2016).
Dewan Komisaris uraian Pengembangan Kompetensi. Commissioners section, on Competence Development.
• Direktur Utama PT Mahadana Dasha Utama (sejak 2005); • President Director of PT Mahadana Dasha Utama (since 2005);
• Direktur PT Tiara Marga Trakindo (sejak 2005); • Director of PT Tiara Marga Trakindo (since 2005);
• Komisaris PT Mitra Solusi Telematika (sejak 2014); • Commissioner of PT Mitra Solusi Telematika (since 2014);
• Komisaris PT Triyasa Propertindo (sejak 2016); dan • Commissioner of PT Triyasa Propertindo (since 2016); and
• Komisaris PT Chitra Paratama (sejak 2010). • Commissioner of PT Chitra Paratama (since 2010).
Merupakan Pemegang Saham Perseroan dengan Is a Sharehoder of the Company with a stake of <5%. She also
kepemilikan <5%. Beliau juga memiliki hubungan has managerial, ownership, and family relationships with
kepengurusan dan kekeluargaan dengan anggota Dewan another member of the Board of Commissioners (Rachmat
Komisaris (Rachmat Mulyana Hamami). Mulyana Hamami).
133.500 lembar saham atau 0,005% 133,500 shares or 0,005%


Arief Tarunakarya Surowidjojo

Komisaris Independen
Independent Commissioner

Indonesia Yogyakarta, 9 April 1953
Yogyakarta, 9 April 1953
Domisili Usia
Domicile Age
• 2015-2018 : Akta No. 9 tanggal 18 Mei 2015; dan • 2015-2018 : Deed No. 9 dated 18 May 2015; and
• Sarjana Hukum, Fakultas Hukum, Universitas Indonesia, Depok • Bachelor of Law, Faculty of Law, Indonesia University, Depok (1977);
(1977); dan and
• Master of Law (LLM), University of Washington (LLM), Seattle, • Master of Law (LLM), University of Washington (LLM), Seattle, Amerika
Amerika Serikat (1984). Serikat (1984).
• Wakil Presiden Komisaris (Independen) dan anggota Komite Audit • Vice President Commissioner (Independent) and member of Audit
PT Holcim Indonesia Tbk (2001-2015); Committee PT Holcim Indonesia Tbk (2001-2015);
• Komisaris Independen dan Ketua Komite Audit PT Sampoerna Agro • Independent Commissioner and Chair of Audit Committee of
Tbk (2007-2013); PT Sampoerna Agro Tbk (2007-2013);
• Ketua Komite Good Corporate Governance (GCG) PT Indika Energy Tbk • Chair of Good Corporate Governance (GCG) of PT Indika Energy Tbk
(2008-2015); (2008-2015);
• Ketua Komite GCG PT Petrosea Tbk (2009-2015); • Chair of GCG Committee of PT Petrosea Tbk (2009-2015);
• Wakil Presiden Komisaris (Independen), Ketua Komite Audit, dan • Vice President Commissioner (Independent), Chair of Audit
Ketua Komite GCG PT Vale Indonesia Tbk (dahulu PT Inco Indonesia Committee, and Chair of GCG Committee of PT Vale Indonesia Tbk
Tbk) (2009-2016); (previously PT Inco Indonesia Tbk) (2009-2016);
• Ketua Komite GCG PT Tripatra Engineering (2013-2015); • Chair of GCG Committee of PT Tripatra Engineering (2013-2015);
• Anggota Komite GCG PT Mitrabahtera Segara Sejati Tbk (2013-2015); • Member of GCG Committee of PT Mitrabahtera Segara Sejati Tbk (2013-2015);
• Komisaris Independen, Ketua Komite Pemantauan Risiko, dan • Independent Commissioner, Chair of Risk Monitoring Committee, and
anggota Komite Audit PT Bank Tabungan Pensiunan Nasional Tbk member of Audit Committee of PT Bank Tabungan Pensiunan Nasional
(2016-2018); serta Tbk (2016-2018); and
• Pendiri, Eksekutif, atau Patron di sejumlah lembaga swadaya • Founder, Executive, or Patron at numerous non-governmental
masyarakat, seperti World Wide Fund for Nature (WWF) Indonesia, organizations, such as World Wide Fund for Nature (WWF) Indonesia,
Transparency International Indonesia, Masyarakat Transparansi Transparency International Indonesia, Indonesian Transparency
Indonesia, Yayasan Cahaya Guru, Putera Sampoerna Foundation, Society, Cahaya Guru Foundation, Putera Sampoerna Foundation,
Pusat Studi Hukum dan Kebijakan Indonesia, serta Indonesia Center Legal Centre and Poicy Studies of Indonesia, and Indonesia Centre for
for Corporate Governance. Corporate Governance.
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Dewan Presented in the Corporate Governance chapter, Board of
Komisaris uraian Pengembangan Kompetensi. Commissioners section, on Competence Development.
• Senior Partner Firma Hukum Lubis Ganie Surowidjojo (sejak 1985); • Senior Partner of Law Firm Lubis Ganie Surowidjojo (since 1985);
• Ketua Komite Audit Perseroan (sejak 2015); dan • Chair of Audit Committee of the Company (since 2015); and
• Ketua Komite Nominasi dan Remunerasi Perseroan (sejak 2015). • Chair of Nomination and Remuneration Sommittee of the Company
(since 2015).
Tidak memiliki hubungan keuangan, kepengurusan, dan kekeluargaan Does not have financial, managerial, and family relationships with other
dengan anggota Dewan Komisaris, Direksi, serta Pemegang Saham members of the Board of Commissioners, the Board of Directors, or with
Utama dan Pengendali. the Majority and Controlling Shareholders.
Tidak memiliki saham. Does not own shares.

Profil Direksi
Profile of the Board of Directors
Achmad Ananda Adrian Haris

Djajanegara Erlangga Mustarto*
Direktur Utama Direktur Direktur
President Director Director Director
* Efektif menjabat sejak ditutupnya RUPS Tahunan tanggal 18 Juni 2020.

* Effective since the closing of the AGMS on 18 June 2020.


Direktur Utama
President Director

Indonesia Jakarta, 24 April 1966
Jakarta, 24 April 1966
Domisili Usia
Domicile Age
• 2009-2012 : Akta No. 4 tanggal 6 November 2009; • 2009-2012 : Deed No. 4 dated 6 November 2009;
• Sarjana Administrasi Bisnis, Fakultas Ilmu Sosial dan Ilmu • Bachelor of Business Administration, faculty of Social and
Politik, Universitas Indonesia, Depok (1990); dan Poitical Sciences, University of Indonesia, Depok (1990); and
• Master of Business Administration, Rotterdam School of • Master of Business Administration, Rotterdam School of
Management, Erasmus University, Rotterdam, Belanda Management, Erasmus University, Rotterdam, Belanda (1992).
(1992).
• Partner Corporate Finance and Advisory Fund Asia (2004- • Partner Corporate Finance and Advisory of Fund Asia (2004-
2006); 2006);
• Senior Director Standard Chartered Bank (2006-2007); • Senior Director of Standard Chartered Bank (2006-2007);
• Managing Director Standard Chartered Bank (2007-2008); • Managing Director of Standard Chartered Bank (2007-2008);
• Chief Strategy Officer PT Tiara Marga Trakindo (2008-2009); • Chief Strategy Officer of PT Tiara Marga Trakindo (2008-2009);
dan and
• Managing Director Perseroan (2009-2010). • Managing Director of the Company (2009-2010).
Direksi uraian Pengembangan Kompetensi. Directors section, on Competence Development.
• Anggota Komite Investasi Perseroan (sejak 2012); • Member of Investment Committee of the Company (since
• Menduduki beberapa jabatan penting di Entitas Anak 2012);
Perseroan: • Several key positions in these Subsidiaries of the Company:
- Komisaris Utama PT Reswara Minergi Hartama (sejak - President Commissioner of PT Reswara Minergi Hartama
2017); (since 2017);
- Komisaris PT Cipta Kridatama (sejak 2017); dan - Commissioner of PT Cipta Kridatama (since 2017); and
- Komisaris PT Sanggar Sarana Baja (sejak 2019). - Commissioner of PT Sanggar Sarana Baja (since 2019).
Merupakan Pemegang Saham Perseroan dengan kepemilikan Is a Sharehoder of the Company with a stake of <5%, but does
<5%, namun tidak memiliki hubungan kepengurusan dan not have any financial, managerial, and family relationships with
kekeluargaan dengan anggota Dewan Komisaris, Direksi, serta members of the Board of Commissioners, the Board of Directors,
Pemegang Saham Utama dan Pengendali. or with the Majority and Controlling Sharehoders.
1.283.500 lembar saham atau 0,047% 1,283,500 shares or 0.047%

(Program Management & Employee Stock Allocation/MESA yang (Management & Employee Stock Allocation/MESA Program which
dilaksanakan pada 27 Juli 2011). was held on 27 July 2011).

Adrian Erlangga
Direktur
Director

Indonesia Bandung, 9 Oktober 1964
Bandung, 9 October 1964
Domisili Usia
Domicile Age
• Sarjana Hukum, Universitas Padjajaran, Bandung (1989); dan • Bachelor of Law, Padjajaran University, Bandung (1989); and
• Master of Business Administration, Golden Gate University, • Master of Business Administration, Golden Gate University,
San Fransisco, Amerika Serikat (1993). San Fransisco, USA (1993).
• Direktur PT Mandiri Inti Finance Tbk (1998-2000); • Director of PT Mandiri Inti Finance Tbk (1998-2000);
• Presiden Direktur PT Ciputra Finance (2000-2001); • President Director of PT Ciputra Finance (2000-2001);
• Vice President PT Pasifik Satelit Nusantara (2001-2008); • Vice President of PT Pasifik Satelit Nusantara (2001-2008);
• Member of the Board & Chief Advisor ACeS International • Member of the Board & Chief Advisor ACeS International
Ltd (2006-2009); Ltd (2006-2009);
• Direktur Keuangan PT Trada Maritime Tbk (2008-2012); dan • Finance Director of PT Trada Maritime Tbk (2008-2012); and
• Direktur Strategi Korporasi PT Reswara Minergi Hartama • Corporate Strategic Director of PT Reswara Minergi
(2012-2014). Hartama (2012-2014).
Menduduki beberapa jabatan penting di Entitas Anak Perseroan: Several key positions in these Subsidiaries of the Company:
• Anggota Komite Investasi Perseroan (sejak 2018); • Member of the Company’s Investment Committee (since 2018);
• Komisaris PT Anzara Janitra Nusantara (sejak 2019); • Commissioner of PT Anzara Janitra Nusantara (since 2019);
• Komisaris Utama PT Cipta Kridatama (sejak 2019); dan • President Commissioner of Cipta Kridatama (since 2019); and
• Direktur Utama PT Reswara Minergi Hartama (sejak 2019). • President Director of PT Reswara Minergi Hartama (since 2019).
Tidak memiliki hubungan keuangan, kepengurusan, dan Does not have financial, managerial, and family relationships
kekeluargaan dengan anggota Dewan Komisaris, Direksi, with other members of the Board of Commissioners, the Board
serta Pemegang Saham Utama dan Pengendali. of Directors, or with the Majority and Controlling Shareholders.

Haris Mustarto*
Direktur
Director

Indonesia Sleman, 1 Juni 1965
Sleman, 1 June 1965
Domisili Usia
Domicile Age
Tangerang Selatan 55 tahun
South Tangerang 55 years old
2020-2021 : Akta No. 146 tanggal 16 Juni 2020. 2020-2021 : Deed No. 146 dated 16 June 2020.
• Sarjana Teknologi Pertanian, Universitas Gadjah Mada • Bachelor of Agricultural Technology, Gadjah Mada
(1990); dan University (1990); and
• Magister di Bidang Keuangan, Universitas Indonusa • Master of Finance, Indonusa University (1996).
(1996).
• Country HR Manager Plan International (1992-2004); • Country HR Manager of Plan International (1992-2004);
• HR Area Manager Tembagapura Division PT Trakindo • HR Area Manager Tembagapura Division of PT Trakindo
Utama (2004-2008); Utama (2004-2008);
• Training & Development Manager PT Trakindo Utama • Training & Development Manager of PT Trakindo Utama
(2008-2010); (2008-2010);
• Head of HR & Support Services PT Cikarang Listrindo • Head of HR & Support Services PT Cikarang Listrindo
(2010-2012); (2010-2012);
• Kepala Divisi/General Manager Human Capital PT Trakindo • Division Head/General Manager of Human Capital of
Utama (2012-2018); dan PT Trakindo Utama (2012-2018); and
• Chief Administration Officer (CAO) PT Cipta Kridatama • Chief Administration Officer (CAO) of PT Cipta Kridatama
(2018-2019). (2018-2019).
Direktur PT Prima Wiguna Parama (sejak Januari 2020). Director of PT Prima Wiguna Parama (since January 2020).
Tidak memiliki hubungan keuangan, kepengurusan, dan Does not have financial, managerial, and family relationships
kekeluargaan dengan anggota Dewan Komisaris, Direksi, with other members of the Board of Commissioners, the Board
serta Pemegang Saham Utama dan Pengendali. of Directors, or with the Majority and Controlling Shareholders.

* Effective since the closing of the AGMS on 18 June 2020.

Profil Pejabat Eksekutif

Executive Officers Profiles
Doni Syamsurianto
Chief Information Officer

Indonesia Kerinci, 2 April 1976
Kerinci, 2 April 1976
Domisili Usia
Domicile Age
Tangerang 44 tahun
44 years old
Sejak 1 Januari 2018 berdasarkan Internal Memo ABM-BOD/237/ADJ/ Since 1 January 2018 based on Internal Memo ABM-BOD/237/ADJ/
XII/2017. XII/2017.
• Sarjana Teknik Nuclear Engineering, Universitas Gajah Mada (1999); dan • Bachelor of Nuclear Engineering, Gajah Mada University (1999); and
• Magister Manajemen Strategic Management, Universitas Prasetiya • Master of Management Strategic Management, Prasetiya Mulya
Mulya (2010). University (2010).
• Team Leader at Partnership Project Between DIHT and KADINDA • Team Leader at Partnership Project Between DIHT and KADINDA
DIY (1999-2000); DIY (1999-2000);
• Consultant Accenture (2000-2002); • Consultant of Accenture (2000-2002);
• Manager Accenture (2006-2010); • Manager of Accenture (2006-2010);
• Go To Market Group Head LG Electronics Indonesia (2010-2011); • Go To Market Group Head of LG Electronics Indonesia (2010-2011);
• Head of ICT PT Trakindo Utama (2011-2015); • Head of ICT of PT Trakindo Utama (2011-2015);
• Head of Business Reinvention and Value Enhancement (BRAVE) • Head of Business Reinvention and Value Enhancement (BRAVE) of
PT Trakindo Utama (2016-2017); dan PT Trakindo Utama (2016-2017); and
• Head of Office of Strategy Management PT Trakindo Utama (Juli- • Head of Office of Strategy Management of PT Trakindo Utama
Desember 2017). (July-December 2017).
• Workshop Branding ABM Group oleh Makki Makki di Jakarta; • ABM Group Branding Workshop by Makki Makki in Jakarta;
• Mandiri Investment Forum oleh Mandiri Sekuritas di Jakarta; • Mandiri Investment Forum by Mandiri Sekuritas in Jakarta;
• Pathways to Sustainability: Making Business More Attractive to • Pathways to Sustainability: Making Business More Attractive to
Investors, Media, and Public oleh Global Reporting Initiative di Jakarta; Investors, Media, and Public by the Global Reporting Initiative in Jakarta;
• Webinar CHRO Covid-19 Response Virtual Dialogue oleh Accenture; • CHRO Covid-19 Response Virtual Dialogue Webinar by Accenture;
serta and
• Coaltrans Connect Webinar Series oleh Coal Trans. • Coaltrans Connect Webinar Series by Coal Trans.
Tidak memiliki rangkap jabatan di perusahaan lain di luar Grup ABM. Does not have any concurrent positions in other companies outside
of ABM Group.

Januar Rijadian Sumardi

Chief Financial Officer

Indonesia Bandung, 7 Januari 1969
Bandung, 7 January 1969
Domisili Usia
Domicile Age
Tangerang 51 tahun
51 years old
Sejak 1 Januari 2020 berdasarkan Internal Memo ABM-BOD/210/ Since 1 January 2020 based on Internal Memo ABM-BOD/210/ADJ/
ADJ/XI/2019. XI/2019.
• Sarjana Teknik Sipil, Institut Teknologi Bandung (1992); dan • Bachelor of Civil Engineering, Bandung (1992); and
• Magister Manajemen, Universitas Indonesia (1994). • Magister Management, University of Indonesia (1994).
• Business Development Dharmala Intiland Group (Mei 1994-Oktober • Business Development of Dharmala Intiland Group (May
1994); 1994-October 1994);
• Relationship Manager dan International Banking Bank BNI • Relationship Manager and International Banking of Bank BNI
(November 1995-November 2000); dan (November 1995-November 2000); and
• Finance Planning & Strategy Division Head PT Trakindo Utama • Finance Planning & Strategy Division Head of PT Trakindo Utama
(Juni 2012-Desember 2019). (June 2012-December 2019).
• Workshop Branding ABM Group oleh Makki Makki di Jakarta; • ABM Group Branding Workshop by Makki Makki in Jakarta;
• 2020 Global Research Briefing and Investor Forum oleh Standar • 2020 Global Research Briefing and Investor Forum by Standard
Chartered di Jakarta; Chartered in Jakarta;
• Intercompany - Confirmation Workshop: PT Mitra Solusi • Intercompany - Confirmation Workshop: PT Mitra Solusi Telematics
Telematika (“MST”), MDU Holding, dan ABM Holding oleh (“MST”), MDU Holding, and ABM Holding by PT Mahadana Dasha
PT Mahadana Dasha Utama (“MDU”) di Jakarta; Utama (“MDU”) in Jakarta;
• Intercompany - Confirmation Workshop: TU, CK, CKB, SSB • Intercompany - Confirmation Workshop: TU, CK, CKB, SSB
Continued oleh Accenture di Jakarta; Continued by Accenture in Jakarta;
• Interactive Dialogue on Sustainability Business ABM Group oleh • Interactive Dialogue on ABM Group's Sustainability Business by PT
PT ABM Investama Tbk (“ABM”) di Jakarta; ABM Investama Tbk (“ABM”) in Jakarta;
• ABM Finance Virtual Workshop oleh Bain secara online; • ABM Finance Virtual Workshop by Bain online;
• Finance Follow-up Workshop oleh Bain secara online; serta • Finance Follow-up Workshop by Bain online; and
• Indonesia Best CFO 2020 Webinar and Awarding oleh SWA dan • Indonesia Best CFO 2020 Webinar and Awarding by SWA and
Accenture secara online. Accenture online.
of ABM Group.

Profil Komite di Bawah Dewan Komisaris

Profiles of Committees under the Board of Commissioners
Komite Audit
Audit Committee
Arief Tarunakarya Surowidjojo Profil dapat dilihat pada Profil Dewan Komisaris dalam Laporan
Tahunan ini.
Ketua The profile can be seen in the Board of Commissioners’ Profile of this
Chairman Annual Report.
• 2015-2018 : Surat Keputusan Dewan Komisaris ABM • 2015-2018 : ABM Board of Commissioners Decree
No. 027/ABM-RES-BOC/VI/2015 tanggal No. 027/ABM-RES-BOC/VI/2015 dated
18 Juni 2015; dan 18 June 2015; and
• 2018-2021 : Surat Keputusan Dewan Komisaris ABM • 2018-2021 : ABM Board of Commissioners Decree
No. 021/ABM-BOC-CIR/VII/2018 tanggal No. 021/ABM-BOC-CIR/VII/2018 dated
5 Juli 2018. 5 July 2018.
Andradiet I J Alis
Anggota
Member

Indonesia Pangkal Pinang, 17 Agustus 1963
Pangkal Pinang, 17 August 1963
Domisili Usia
Domicile Age
Jakarta 57 tahun
57 years old
• 2015-2018 : Surat Keputusan Dewan Komisaris ABM No. 039/ • 2015-2018 : ABM Board of Commissioners Decree No. 039/
ABM-BOC-CIR/XII/2015 tanggal 17 Desember 2015; ABMBOC-CIR/XII/2015 dated 17 December 2015; and
dan
• 2018-2021 : Surat Keputusan Dewan Komisaris ABM • 2018-2021 : ABM Board of Commissioners Decree No. 021/
No. 021/ABM-BOC-CIR/VII/2018 tanggal 5 Juli ABMBOC-CIR/VII/2018 dated 5 July 2018.
2018.
• Sarjana Teknik Pertambangan, Institut Teknologi Bandung (1988); • Bachelor of Mining Engineering, Bandung Institute of Technology
dan (1988); dan
• Master of Business Administration, Sekolah Bisnis Manajemen, • Master of Business Administration, School of Business
Institut Teknologi Bandung (2020). Management, Bandung Institute of Technology (2020).

• Mine Planning Engineer PT Kaltim Prima Coal (KPC) (1988-1993); • Mine Planning Engineer of PT Kaltim Prima Coal (KPC) (1988-1993);
• Mining Development Manager PT Vietmindo Energitama (1993- • Mining Development Manager of PT Vietmindo Energitama (1993-
1995); 1995);
• Anggota Komite Audit PT Timah (Persero) Tbk (2007-2011); • Member of Audit Committee of PT Timah (Persero) Tbk (2007-2011);
• Anggota Komite GCG PT Timah (Persero) Tbk (2011); • Member of GCG Committee of PT Timah (Persero) Tbk (2011);
• Anggota Komite Audit PT Sumberdaya Sewatama (2013-2019); • Member of Audit Committee of Sumberdaya Sewatama (2013-2019);
• Kegiatan Organisasi Profesi, antara lain: • The activities of professional organizations include:
- Anggota Dewan Pengurus Ikatan Komite Audit Indonesia (IKAI) - Member of the Board of Management of the Indonesian Audit
(2010-2016); Committee Association (IKAI) (2010-2016);
- Ketua Komite Competent Person (LSP) Perhimpunan Ahli - Chair of Competent Person Committee (LSP) at Indonesian
Pertambangan Indonesia (PERHAPI) (2016-2019); dan Mining Experts Association (PERHAPI) (2016-2019); and
- Dewan Kehormatan dan Dewan Sertifikasi (2016-2019). - Member of the Honorary Board and Certification Board (2016-2019).
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Komite Presented in the Corporate Governance chapter, Audit Committee
Audit uraian Pengembangan Kompetensi. section, on Competence Development.
Sertifikasi / Certification
• Certification of Audit Committee Practices (CACP) No. 1009, IKAI • Certification of Audit Committee Practices (CACP) No. 1009, IKAI
(Jakarta); (Jakarta);
• Competent Person Indonesia (CPI) Pelaporan Cadangan Batu Bara • Competent Person Indonesia (CPI) for Reporting of Coal Reserves
No. 9200467.009, PERHAPI (Jakarta); No. 9200467.009, PERHAPI (Jakarta);
• Insinyur Profesional Madya (IPM) No. 2-14-00-000036-00 dan • Professional Mid-Level Engineer (IPM) No. 2-14-00-000036-00 and
Surat Tanda Registrasi Insinyur No. 2014.16.1.1.00000572, Certificate of Registration of Engineers No. 2014.16.1.1.00000572,
Persatuan Insinyur Indonesia (PII) (Jakarta); Indonesian Engineers Association (PII) (Jakarta);
• Asesor Kompetensi Pertambangan No. Reg. MET.000.001648 • Assessor of Mining Competence No. Reg. MET.000.001648 2008,
2008, Badan Nasional Sertifikasi Profesi (BNSP) (Jakarta); dan National Agency for Professional Certification (BNSP) (Jakarta); and
• Asesor Learning Propensity Assesment Device (LPAD) No. Reg. • Asesor Learning Propensity Assesment Device (LPAD) No. Reg.
53417, The Feuerstein Institute (Jerusalem). 53417, The Feuerstein Institute (Jerusalem).
• Konsultan dan Business Adviser Pertambangan (sejak 1995); • Consultant and Business Adviser in Mining (since 1995);
• Konsultan Pertambangan Modal Insani Pertambangan untuk • Mining HR Consultant for national and multinational companies
perusahaan nasional dan multinasional (sejak 2006); (since 2006);
• Pengajar (Dosen Luar Biasa) jurusan Teknik Pertambangan, • Extraordinary Lecturer in Mining Engineering, Trisakti University,
Universitas Trisakti dan aktif dalam berbagai kegiatan and active in various mining related HR development activities
pengembangan modal insani pertambangan (sejak 2006); (since 2006);
• Anggota Komite Audit PT Trakindo Utama (sejak 2015); • Member of Audit Committee of PT Trakindo Utama (since 2015);
• Konsultan World Bank Program Natural Resources for Development • Consultant for World Bank, Natural Resources for Development
Program in Indonesia (NR4D) (sejak 2018); Program in Indonesia (NR4D) (since 2018);
• Kegiatan Organisasi Profesi: • Professional Organizational Activities:
- Anggota PERHAPI (sejak 1992); - Member of PERHAPI (since 1992);
- Anggota Persatuan Insinyur Indonesia (PII) (sejak 2006); - Member of Indonesian Engineers Association (PII) (since 2006);
- Anggota IKAI (sejak 2007); - Member of IKAI (since 2007);
- Anggota Grandfather Clause Komite Competent Person - Member of Grandfather Clause of Competent Person Committee
PERHAPI (sejak 2012); of PERHAPI (since 2012);
- Anggota Australasian Institute of Mining & Metallurgy-AusIMM - Member of Australasian Institute of Mining and Metallurgy-
(sejak 2015); dan AusIMM (since 2015); and
- Anggota Society of Mining Professor (SOMP) (sejak 2019). - Member of Society of Mining Professor (SOMP) (since 2019).

Setiawan Kriswanto
Anggota
Member

Indonesia Sukoharjo, 19 Mei 1961
Sukoharjo, 19 May 1961
Domisili Usia
Domicile Age
• 2015-2018 : Surat Keputusan Dewan Komisaris ABM No. 027/ • 2015-2018 : ABM Board of Commissioners Decree No. 027/ABM-
ABM-RES-BOC/VI/2015 tanggal 18 Juni 2015; dan RES-BOC/VI/2015 dated 18 June 2015; and
ABM-BOD-CIR/VII/2018 tanggal 5 Juli 2018. BOD-CIR/VII/2018 dated 5 July 2018.
• Diploma Akuntansi, Sekolah Tinggi Akuntansi Negara (STAN), • Diploma in Accounting, Sekolah Tinggi Akuntansi Negara (STAN),
Jakarta (1982); Jakarta (1982);
• Sarjana Ekonomi jurusan Akuntansi, Sekolah Tinggi Ilmu Ekonomi • Bachelor of Economics majoring in Accounting, Sekolah Tinggi Ilmu
Indonesia (STIESIA), Surabaya (1986); dan Ekonomi Indonesia (STIESIA), Surabaya (1986); and
• Magister Manajemen Sumber Daya Manusia, Universitas • Magister of HR Management, Krisnadwipayana University, Jakarta
Krisnadwipayana Jakarta (2002). (2002).
• Senior Auditor Badan Pengawasan Keuangan dan Pembangunan • Senior Auditor of Badan Pengawasan Keuangan dan Pembangunan
(BPKP), Surabaya (1982-1991); (BPKP), Surabaya (1982-1991);
• Kepala Divisi Operasional dan Kepala Satuan Kerja Audit Intern • Operational Division Head and Head of Internal Audit Unit of PT
(SKAI) PT Bank Dagang Industri (BDI), Jakarta (1991-1999); Bank Dagang Industri (BDI), Jakarta (1991-1999);
• Ketua Tim Pengelola Sementara (TPS) di Badan Penyehatan • Chair of Temporary Administrator Team of Badan Penyehatan
Perbankan Nasional (BPPN), Jakarta (1999-2002); Perbankan Nasional (BPPN), Jakarta (1999-2002);
• Anggota Komite Pemantau Risiko Bank Danamon, Jakarta (2002- • Member of Risk Monitoring Committee of Danamon, Jakarta (2002-
2008); 2008);
• Anggota Komite Audit di beberapa perusahaan, yaitu: • Member of Audit Committees of:
- PT Bank Danamon, Jakarta (2002-2008); - PT Bank Danamon, Jakarta (2002-2008);
- Maybank Indonesia (d/h Bank BII), Jakarta (2008-2012); - Maybank Indonesia (d/h Bank BII), Jakarta (2008-2012);
- Humpuss Intermoda, Jakarta (2009-2012); - Humpuss Intermoda, Jakarta (2009-2012);
- PT Timah (Persero) Tbk, Jakarta (2009-2012); - PT Timah (Persero) Tbk, Jakarta (2009-2012);
- Bank BRI Agro, Jakarta (2010-2017); - Bank BRI Agro, Jakarta (2010-2017);
- PT WOM Finance Tbk (2014-2020); dan - PT WOM Finance Tbk (2014-2020); and
• Anggota Komite Pemantau Risiko Bank BRI Agro, Jakarta (2010- • Member of Risk Monitoring Committee of Bank BRI Agro, Jakarta
2017). (2010-2017).
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Komite Presented in the Corporate Governance chapter, Audit Committee
Audit uraian Pengembangan Kompetensi. section, on Competence Development.

• Registered Accountant D 10478, Jakarta (1991); • Registered Accountant D 10478, Jakarta (1991);
• Risk Management Certification (RMC), Badan Sertifikasi • Risk Management Certification (RMC), Risk Management
Manajemen Risiko (BSMR), Jakarta (2005); Certification Agency (BSMR), Jakarta (2005);
• Register Negara Akuntan RNA 2140, Jakarta (2010); • Registered State Accountant RNA 2140, Jakarta (2010);
• Certification of Audit Committee Practices (CACP) No. 100013, • Certification of Audit Committee Practices (CACP) No. 100013,
Ikatan Komite Audit Indonesia (IKAI), Jakarta (2010); Indonesian Audit Committee Association (IKAI), Jakarta (2010);
• Chartered Accountant (CA), Ikatan Akuntan Indonesia (IAI), • Chartered Accountant (CA), Ikatan Akuntan Indonesia (IAI), Jakarta
Jakarta (2010); (2010);
• Certification of Assessor of Competency, Badan Nasional • Certification of Assessor of Competency, National Board of
Sertifikasi Profesi (BNSP)/Lembaga Sertifikasi Profesi Perbankan Professional Certification (BNSP)/Banking Profession Certification
(LSPP), Jakarta (2010); dan Agency (LSPP), Jakarta (2010); and
• Certified Professional Management Accountant (CPMA), Ikatan • Certified Professional Management Accountant (CPMA), Indonesian
Akuntan Manajemen Indonesia (IAMI), Jakarta (2020). Management Accountants Association (IAMI), Jakarta (2020).
• Pengajar Fakultas Ekonomis dan Bisnis, Universitas Pakuan • Lecturer at the Faculty of Economics and Business, Pakuan
(sejak 1999); University (since 1999);
• Anggota Komite di beberapa perusahaan, antara lain: • Member of Committees in:
- PT Chandra Sakti Utama Leasing (CSUL) (sejak 2015); - PT Chandra Sakti Utama Leasing (CSUL) (since 2015);
- PT Sumberdaya Sewatama (sejak 2016); - PT Sumberdaya Sewatama (since 2016);
- PT Garuda Indonesia Tbk (sejak 2018). - PT Garuda Indonesia Tbk (since 2018).
- PT Bank UOB Indonesia (sejak 2018); - PT Bank UOB Indonesia (since 2018);
- PT Danareksa Finance (sejak 2019); - PT Danareksa Finance (since 2019);
• Anggota Dewan Pengawas IAMI (sejak 2010); • Member of Supervisory Board of IAMI (since 2010);
• Anggota Dewan Pengawas IKAI (sejak 2010); • Member of Supervisory Board of IKAI (since 2010);
• Anggota Dewan Sertifikasi IKAI (sejak 2010); dan • Member of Certification Board of IKAI (since 2010); and
• Anggota Dewan Kehormatan IKAI (sejak 2019). • Member of Honorary Board of IKAI (since 2019).

Komite Nominasi dan Remunerasi

Nomination and Remuneration Committee
Arief Tarunakarya Surowidjojo Profil dapat dilihat pada Profil Dewan Komisaris dalam Laporan
Tahunan ini.
ABM-RES-BOC/VII/2018 tanggal 5 Juli 2018. RES-BOC/VII/2018 dated 5 July 2018.
Rachmat Mulyana Hamami Profil dapat dilihat pada Profil Dewan Komisaris dalam Laporan
Tahunan ini.
Anggota The profile can be seen in the Board of Commissioners’ Profile of this
Member Annual Report.
ABM-RES-BOC/V/2012 tanggal 3 Mei 2012; RES-BOC/V/2012 dated 3 May 2012;
ABM-RES-BOC/ I/2015 tanggal 18 Juni 2015; dan RES-BOC/VI/2015 dated 18 June 2015; and
Mivida Hamami Profil dapat dilihat pada Profil Dewan Komisaris dalam Laporan
Tahunan ini.
Anggota The profile can be seen in the Board of Commissioners’ Profile of this
Member Annual Report.

Rifki*
Anggota
Member

Indonesia Jakarta, 11 April 1979
Jakarta, 11 April 1979
Domisili Usia
Domicile Age
Jakarta 41 tahun
41 years old
• 2020-2021 : Surat Keputusan Dewan Komisaris ABM No. 007/ • 2020-2021 : ABM Board of Commissioners Decree No. 007/
ABM-BOC-RES/II/2020 tanggal 11 Februari 2020. ABM-BOC-RES/II/2020 dated 11 February 2020.
• Sarjana Teknik, Teknik Penerbangan, Institut Teknologi Bandung • Bachelor of Engineering, Aviation Engineering, Bandung Institute
(1997-2002); dan of Technology (1997-2002); and
• Magister Sains, Teknik Penerbangan, Auburn University, Alabama, • Master of Science, Aerospace Engineering, Auburn University,
Amerika Serikat (2004-2006). Alabama, United States (2004-2006).
• Senior Konsultan HayGroup, Indonesia (2007-2012); • Senior Consultant at HayGroup, Indonesia (2007-2012);
• Vice President Organization Development PT Saratoga Investama • Vice President for Organization Development at PT Saratoga
Sedaya Tbk, Indonesia (2012-2016); Investama Sedaya Tbk, Indonesia (2012-2016);
• Senior Principal KornFerry, Indonesia (2016-2018); dan • Senior Principal at KornFerry, Indonesia (2016-2018); and
• Direktur Better&Co, Indonesia (2018-2019). • Director of Better & Co, Indonesia (2018-2019).
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Komite Presented in the Corporate Governance chapter, Nomination and
Nominasi dan Remunerasi uraian Pengembangan Kompetensi. Remuneration Committee section, on Competence Development.
of ABM Group.
* Menjabat sejak 11 Februari 2020

* Serving since 11 February 2020.

Komite Investasi
Investment Committee
Rachmat Mulyana Hamami Profil dapat dilihat pada Profil Dewan Komisaris dalam Laporan
Tahunan ini.
• 2012-2015 : Surat Keputusan Dewan Komisaris ABM No. 017/ABM- • 2012-2015 : ABM Board of Commissioners Decree No. 017/ABM-
RES-BOC/V/2012 tanggal 3 Mei 2012; RES-BOC/V/2012 dated 3 May 2012;
ABM-RES-BOC/V/2016 tanggal 19 Mei 2016; dan RES-BOC/V/2016 dated 19 May 2016; and
• 2018-2021 : Surat Keputusan Dewan Komisaris No. 023/ABM- • 2018-2021 : Board of Commissioners Decree No. 023/ABM-
BOC/VII/2018 tanggal 5 Juli 2018 di mana susunan RESBOC/VII/2018 dated 5 July 2018 where the latest
Komite Investasi terakhir disahkan berdasarkan Investment Committee composition was most recently
Keputusan Dewan Komisaris ABM No. 009/ABM- ratified based on ABM Board of Commissioners Decree
BOC/CIR/I/2019 tanggal 24 Januari 2019. No. 009/ABM-BOC/CIR/I/2019 dated 24 January 2019.
Achmad Ananda Djajanegara Profil dapat dilihat pada Profil Direksi dalam Laporan Tahunan ini.
The profile can be seen in the Board of Directors’ Profile of this Annual
Anggota Report.
Member
• 2012-2015 : Surat Keputusan Dewan Komisaris ABM No. 017/ABM- • 2012-2015 : ABM Board of Commissioners Decree No. 017/ABM-
RES-BOC/V/2012 tanggal 3 Mei 2012; RESBOC/V/2012 dated 3 May 2012;
ABM-RES-BOC/V/2016 tanggal 19 Mei 2016; dan RES-BOC/V/2016 dated 19 May 2016; and
• 2018-2021 : Surat Keputusan Dewan Komisaris No. 023/ABM- • 2018-2021 : Board of Commissioners Decree No. 023/ABM-BOC/
BOC/VII/2018 tanggal 5 Juli 2018 di mana susunan VII/2018 dated 5 July 2018 where the latest Investment
Komite Investasi terakhir disahkan berdasarkan Committee composition was most recently ratified
Keputusan Dewan Komisaris ABM No.009/ABM-BOC/ based on ABM Board of Commissioners Decree
CIR/I/2019 tanggal 24 Januari 2019. No. 009/ABM-BOC/CIR/I/2019 dated 24 January 2019.
Adrian Erlangga Profil dapat dilihat pada Profil Direksi dalam Laporan Tahunan ini.
The profile can be seen in the Board of Directors’ Profile of this Annual
Anggota Report.
Member
2018-2021 : Surat Keputusan Dewan Komisaris ABM No.009/ 2018-2021 : ABM Board of Commissioners Decree No. 009/ABM-
ABM-BOC/CIR/I/2019 tanggal 24 Januari 2019. BOC/ CIR/I/2019 dated 24 January 2019.

Yoghi Nuswantoro
Anggota
Member

Indonesia Bandung, 12 Juni 1975
Bandung, 12 June 1975
Domisili Usia
Domicile Age
Bogor 45 tahun
45 years old
2018-2021 : Surat Keputusan Dewan Komisaris ABM No. 009/ 2018-2021 : ABM Board of Commissioners Decree No. 009/ABM-
ABM-BOC/CIR/I/2019 tanggal 24 Januari 2019. BOC/CIR/I/2019 dated 24 January 2019.
• Sarjana Ilmu Teknik Sipil, Institut Teknologi Bandung (1999); dan • Bachelor of Civil Engineering, Bandung Institute Technology (1999); and
• Magister Manajemen, Prasetya Mulya Business School, Jakarta • Master of Management School, Prasetya Mulya Business School,
(2001). Jakarta (2001).
• Head of Corporate Finance PT Trada Maritime Tbk (2008-2010); • Head of Corporate Finance of PT Trada Maritime Tbk (2008-2010);
• Head of Finance Garuda Indonesia Group (2010-2011); • Head of Finance of Garuda Indonesia Group (2010-2011);
• Head of Corporate Business Development PT Tiara Marga Trakindo • Head of Corporate Business Development of PT Tiara Marga
(2011-2013); dan Trakindo (2011-2013); and
• General Manager Corporate Finance PT Mitra Pinasthika Mustika • General Manager Corporate Finance of PT Mitra Pinasthika Mustika
Tbk (2013-2014). Tbk (2013-2014).
- -
• Head of Corporate Finance & Treasury Perseroan (sejak • Head of Corporate Finance & Treasury of the Company (since
November 2014); dan November 2014); and
• Investor Relations Perseroan (sejak 2018). • Investor Relations of the Company (since 2018).

Profil Sekretaris Perusahaan

Corporate Secretary Profile
Rindra Donovan
Sekretaris Perusahaan
Corporate Secretary

Domisili Usia
Domicile Age
Sejak 2018 berdasarkan Surat Keputusan Direksi No. 003/ABM-RES- Since 2018 based on ABM Directors Decree No. 003/ABM-RES-DIR/
DIR/II/2018 tanggal 12 Februari 2018. II/2018 dated 12 February 2018.
Sarjana Hukum, Universitas Indonesia, Jakarta (1999). Bachelor of Law, Indonesia University, Jakarta (1999).
• Legal Consultant Lubis Ganie Surowidjojo Law Firm (1999-2007); • Legal Consultant of Lubis Ganie Surowidjojo Law Firm (1999-2007);
• Head of Legal and Corporate Secretary PT Tiara Marga Trakindo • Head of Legal and Corporate Secretary of PT Tiara Marga Trakindo
(2007-2010); dan (2007-2010); and
• Head of Legal Department Perseroan (2010-2017). • Head of Legal Department of the Company (2010-2017).
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Presented in the Corporate Governance chapter, Corporate Secretary
Sekretaris Perusahaan uraian Pengembangan Kompetensi. section, on Competence Development.
Head of Corporate Affairs Perseroan (sejak 2018). Head of Corporate Affairs of the Company (since 2018).
91.500 lembar saham atau 0,003% 91,500 shares or 0.003%


Profil Kepala Unit Audit Internal

Internal Audit Unit Head Profile
Budi Triastomo
Satuan Audit Internal
Internal Audit Unit

Indonesia Depok, 9 Desember 1977
Depok, 9 December 1977
Domisili Usia
Domicile Age
Depok 43 tahun
43 years old
Sejak 2015 berdasarkan Surat Keputusan Direktur Utama No. 008/ Since 2015 based on President Director Decree No. 008/ABM-RES-
ABM-RES-DIRUT/V/2015. DIRUT/V/2015.
• Sarjana Ekonomi jurusan Akuntansi, Universitas Pancasila, • Bachelor of Economics in Accounting, Pancasila University,
Jakarta (2001); dan Jakarta (2001); and
• Magister Manajemen jurusan Manajemen Keuangan, Universitas • Master of Management in Financial Management, Pancasila
Pancasila, Jakarta (2005). University, Jakarta (2005).
• Management Trainee PT Mustika Ratu Tbk (2001); • Management Trainee of PT Mustika Ratu Tbk (2001);
• Internal Audit Supervisor PT Mustika Ratu Tbk (2001-2002); • Internal Audit Supervisor of PT Mustika Ratu Tbk (2001-2002);
• Senior Internal Auditor PT Tiara Marga Trakindo (2003-2008); • Senior Internal Auditor of PT Tiara Marga Trakindo (2003-2008);
• Internal Audit Manager PT Trada Maritime Tbk (2011-2012); dan • Internal Audit Manager of PT Trada Maritime Tbk (2011-2012); and
• Head of Internal Audit and Risk Management PT Reswara Minergi • Head of Internal Audit and Risk Management of PT Reswara Minergi
Hartama (2012-2015). Hartama (2012-2015).
Telah diungkapkan pada Bab Tata Kelola Perusahaan bagian Unit Presented in the Corporate Governance chapter, Internal Audit Unit
Audit Internal uraian Pengembangan Kompetensi. section, on Competence Development.
• Certified Risk Management Professional (2017); dan • Certified Risk Management Professional (2017); and
• Enterprise Risk Management Certified Professional (2017). • Enterprise Risk Management Certified Professional (2017).
of ABM Group.

Komposisi Pemegang Saham

Shareholders Composition
Komposisi Kepemilikan Saham Perseroan

The Company's Share Ownership Composition
31 Desember 2020 31 Desember 2019
31 December 2020 31 December 2019
Jenis Saham Modal Modal

Pemegang Saham Persentase
Jumlah Saham Ditempatkan dan Jumlah Saham Persentase Ditempatkan dan
Types of Kepemilikan
Shareholder (Lembar) Disetor Penuh (Lembar) Kepemilikan Disetor Penuh
Shares (%)
Number of (AS$) Number of Percentage of (AS$)
Percentage of
Shares Issued and Fully Shares Ownership Issued and Fully
Ownership
(Shares) Paid Capital (Shares) (%) Paid Capital
(%)
(US$) (US$)
Kepemilikan Saham 5% atau Lebih / Ownership of 5% or More Shares

Valle Verde Pte Ltd Saham Biasa
Common 1.540.557.000 55,956 81.408.604 1.540.557.000 55,956 81.408.604
Shares
PT Tiara Marga Trakindo Saham Biasa
Common 636.366.000 23,114 33.806.816 636.366.000 23,114 33.806.816
Shares
Bank Julius Baer Co Ltd, Saham Biasa
Singapore S/A Common 285.447.300 10,368 15.209.588 285.447.300 10,368 15.209.588
Shares
Sub Total 2.462.370.300 89,438 130.425.008 2.462.370.300 89,438 130.425.008
Kepemilikan Saham oleh Dewan Komisaris dan Direksi / Ownership of Shares by the Board of Commissioners and Board of Directors
Rachmat Mulyana
Hamami
MESA 6.120.500 0,222 802.611 6.120.500 0,222 802.611
(Komisaris Utama /
President Commissioner)
Achmad Ananda
Djajanegara
MESA 1.283.500 0,047 70.363 1.283.500 0,047 70.363
(Direktur Utama /
President Director)
Mivida Hamami
(Komisaris / MESA 133.500 0,005 7.333 133.500 0,005 7.333
Commissioner)
Sub Total 7.537.500 0,274 880.307 7.537.500 0,274 880.307
Masyarakat Umum dan
Saham Biasa
Karyawan
dan MESA
(Masing-masing di
Common 283.257.200 10,288 15.249.593 283.257.200 10,288 15.249.593
bawah 5%) / General
Shares and
Public and Employees
MESA
(each lower than 5%)
Total 2.753.165.000 100,000 146.554.908 2.753.165.000 100,000 146.554.908

Grafik Saham 2020 Stock Chart 2020
55,956%
10,288%
10,368% Valle Verde Pte Ltd
PT Tiara Marga Trakindo
Bank Julius Baer Co Ltd, Singapore S/A
0,005%
0,047%
(Komisaris Utama / President Commissioner)
0,222%
(Direktur Utama / President Director)
Mivida Hamami
Masyarakat Umum dan Karyawan
(Masing-masing di bawah 5%) /
23,114%
General Public and Employees
(each lower than 5%)
Informasi tentang Kepemilikan Saham Perseroan oleh Manajemen Kunci

Share Ownership by Key Management
31 Desember 2020 31 Desember 2019
31 December 2020 31 December 2019
Persentase Persentase
Pemegang Saham Jenis Saham Jumlah Saham Jumlah Saham
Kepemilikan Kepemilikan
Shareholder Types of Shares (Lembar) (Lembar)
(%) (%)
Number of Number of
Percentage of Percentage of
Shares Shares
Ownership Ownership
(Shares) (Shares)
(%) (%)
Dewan Komisaris / Board of Commissioners

(Komisaris Utama / President MESA 6.120.500 0,222 6.120.500 0,222
Commissioner)
Mivida Hamami
MESA 133.500 0,005 133.500 0,005
(Komisaris Independen / Independent - - - - -
Commissioner)
Direksi / Board of Directors
MESA 1.283.500 0,047 1.283.500 0,047
(Direktur Utama / President Director)
Adrian Erlangga
- - - - -
(Direktur / Director)
Haris Mustarto
- - - - -
(Direktur / Director)
Sub Total 7.537.500 0,274 7.537.500 0,274
Manajemen Kunci Lainnya / Other Key Management
Doni Syamsurianto
- - - - -
(Chief Information Officer)
Januar Rijadian Sumardi
- - - - -
(Chief Financial Officer)
Sub Total - - - -
Total 7.537.500 0,274 7.537.500 0,274

Komposisi Pemegang Saham berdasarkan Status per 31 Desember 2020

Shareholding Composition by Shareholder Status as at 31 December 2020
Jumlah Saham
Jumlah Pemilik Persentase Kepemilikan
Status Pemegang Saham (Lembar)
Number of Percentage of Ownership
Shareholder Status Number of Shares
Shareholder (%)
(Shares)
Investor Domestik / Domestic Investors
Ritel Domestik / Domestic Ritel
Individu / Individuals 982 45.759.500 1,662
Institusi Domestik / Domestic Institutions
Dana Pensiun / Pension Funds 1 1.600 0,000
Asuransi / Insurance Companies 2 2.677.000 0,097
Perseroan Terbatas / Limited Liability Companies 10 640.190.900 23,253
Reksadana / Mutual Fund 4 9.854.300 0,358
Sub Total 999 698.483.300 25,370
Investor Asing / Foreign Investor
Ritel Asing / Foreign Retail 8 632.300 0,023
Institusi Asing / Foreign Institutions 15 2.054.049.400 74,607
Sub Total 23 2.054.681.700 74,630
Total 1.022 2.753.165.000 100,000
Komposisi Kepemilikan Saham Selama 5 Tahun Terakhir

Shareholding Composition for the Past 5 Years
per 31 Desember di setiap tahunnya (dalam %) / as at 31 December of each year (in %)

1,516
1,429
1,365
1,451
1,662
23,697
0,037
74,750
23,972
0,025
74,574
23,991
0,025
74,618
25,357
0,025
74,643
25,370
0,023
74,607
2016 2017 2018 2019 2020

Retail Domestik / Institusi Domestik / Retail Asing / Institusi Asing /
Domestic Retail Domestic Institutions Foreign Retail Foreign Institutions

Pergerakan Jumlah Pemegang Saham < 5% Sepanjang 2020

Changes in the Number of Shareholder < 5% in 2020
1.019
721
599 607 610

586
548 548 547 545 536
531
Jan Feb Mar Apr Mei Jun Jul Agus Sep Okt Nov Des
20 Pemegang Saham Terbesar Perseroan per 31 Desember 2020

Top 20 Shareholders of the Company as at 31 December 2020
Jumlah Saham
Persentase Kepemilikan
Nama Investor Status (Lembar)
Percentage of Ownership
Investor Name Status Number of Shares
(%)
(Shares)
Badan Usaha Asing /
Valle Verde Pte Ltd 1.540.557.000 55,956
Foreign Business Entity
Perseroan Terbatas /
PT Tiara Marga Trakindo 636.366.000 23,114
Limited Liability Company
Bank Julius Baer Co Ltd, Singapore S/A Asia Badan Usaha Asing /
285.447.300 10,368
Momentum Fund (SPC) Ltd for Asia Mo Foreign Business Entity
Citibank Singapore A/C OCBC-BBCAW-Fortune Badan Usaha Asing /
127.716.300 4,639
Vantage-C Foreign Business Entity
Badan Usaha Asing /
Syailendra Asia Pte Ltd 29.557.600 1,074
Badan Usaha Asing /
Bank Julius Baer and Co Ltd Singapore 26.873.200 0,976
Citibank Singapore A/C OCBC-BBCAW-Peak Badan Usaha Asing /
20.000.000 0,726
Prospect I-C Foreign Business Entity
Badan Usaha Asing /
Noble Prime Investment Segregated Portfolio 10.351.700 0,376
Perorangan Indonesia /
Rachmat Mulyana Hamami 6.120.500 0,222
Indonesian Individual
Deutsche BK AG (Private Banking) Spore WM Badan Usaha Asing /
5.365.000 0,195
Client-2146014000 Foreign Business Entity
Jonathan Chang 5.000.000 0,182
Syailendra Equity Opportunity Fund - 852
Reksadana / Mutual Fund 4.538.200 0,165
904000
Reksadana Danamas Stabil Reksadana / Mutual Fund 4.461.100 0.162
JPMCB NA RE-The Gerald Rossi Family 2012 Badan Usaha Asing /
3.346.600 0,122
Delaware Trust Foreign Business Entity

Jumlah Saham
Persentase Kepemilikan
Nama Investor Status (Lembar)
Percentage of Ownership
Investor Name Status Number of Shares
(%)
(Shares)
Perseroan Terbatas /
PT Atlas Resources 3.000.000 0,109
Limited Liability Company
PT Asuransi Kresna Mitra Tbk Asuransi / Insurance 2.425.500 0,088
Roy Himawan 2.386.100 0,087
Jos Parengkuan 2.200.000 0,080
UBS AG Singapore Non-Treaty Omnibus Account Badan Usaha Asing /
2.175.000 0,079
– 2091144090 Foreign Business Entity
Adrianto Djokosoetono 1.755.600 0,064
Informasi Pemegang Saham Utama, Pemegang Saham Pengendali, hingga Pemilik Akhir
Majority Shareholder, Controlling Shareholder, and Ultimate Beneficial Owner
Rachmat Rachmat Mivida Anna Solana

Mulyana Sobari Hamami Hamami
Hamami Hamami
40,000% 40,000% 10,000% 10,000%
Rachmat Rachmat Mivida Anna Solana Kartika

AHK Holdings Pte Ltd Mulyana Sobari Hamami Hamami Hamami
Hamami Hamami
100,000% 39,760% 39,760% 9,940% 9,940% 0,600%
Publik /
Valle Verde Pte Ltd PT Tiara Marga Trakindo Public
55,956% 23,114% 20,930%
Pemilik Manfaat Utama Entitas Induk Akhir Pemegang Saham Utama

Ultimate Beneficiary Ultimate Parent Entity Majority Shareholders
Berdasarkan struktur per 31 Desember 2020 tersebut, Based on the structure as at 31 December 2020, the
Pemegang Saham Utama Perseroan adalah PT Tiara Marga Company's main shareholders are PT Tiara Marga Trakindo
Trakindo dan Valle Verde Pte Ltd. Sementara itu, AHK and Valle Verde Pte Ltd. AHK Holdings Pte Ltd is the
Holdings Pte Ltd merupakan Entitas Induk Akhir (Ultimate Company's Ultimate Parent Entity, while Rachmat Mulyana
Parent Entity) Perseroan, sedangkan Rachmat Mulyana Hamami, Rachmat Sobari Hamami, Mivida Hamami, and
Hamami, Rachmat Sobari Hamami, Mivida Hamami, dan Anna Solana Hamami are listed as the Main Beneficiaries
Anna Solana Hamami tercatat sebagai Pemilik Manfaat and Controlling Shareholders of the Company, through
Utama dan Pemegang Saham Pengendali Perseroan, direct majority share ownership at PT Tiara Marga Trakindo
melalui kepemilikan saham mayoritas langsung di PT Tiara and indirectly at Valle Verde Pte Ltd.
Marga Trakindo dan tidak langsung di Valle Verde Pte Ltd.


Daftar Entitas Anak dan

Entitas Asosiasi/Joint Venture
List of Subsidiaries and Associated Entitites/Joint Venture
Tahun Tahun Beroperasi

Nama Bidang Usaha Domisili Berdiri Komersial
Name Line of Business Domicile Year Year Commencing
Established Commercial Operation
Kepemilikan Langsung / Direct Ownership
Kontraktor pertambangan
PT Cipta Kridatama (“CK”) Jakarta 1997 1999
Mining contractor
PT Reswara Minergi Hartama Perdagangan

Jakarta 2010 2010
(“Reswara”) Trading
PT Cipta Krida Bahari (“CKB Jasa logistik

Jakarta 1997 1997
Logistics”) Logistic services
Perencanaan rekayasa mesin,
pengembangan, dan pembuatan
perlengkapan penunjang alat-alat
berat, dan alat angkut bahan
PT Sanggar Sarana Baja (“SSB”) Jakarta 1977 1977
Engineering, development, and
manufacture of heavy equipment
attachment, and materials handling
products
Industri pembangkit listrik energi
PT Anzara Janitra Nusantara (“AJN”) thermal Jakarta 2014 -
Thermal energy IPP
Perdagangan dan konstruksi
PT Prima Wiguna Parama (“PWP”) Jakarta 2011 2017
General trading and constructions
Kepemilikan Tidak Langsung melalui Reswara / Indirect Ownership through Reswara
Pengembangan dan pertambangan
sumberdaya, terutama batu bara
PT Tunas Inti Abadi (“TIA”) Jakarta 2003 2009
Development and mining resources,
principally coal
Perdagangan, pengembangan, dan
PT Media Djaya Bersama (“MDB”) industri Jakarta 2005 -
Trading, development, and industry
Perdagangan, industri, dan jasa
PT Agata Nugraha Nastari (“ANN”) Jakarta 2014 2020
Trading, industry, and services
Kepemilikan Tidak Langsung melalui MDB / Indirect Ownership through MDB
Pertambangan batu bara
PT Mifa Bersaudara (“Mifa”) Aceh 2002 2012
Coal mining
Pertambangan batu bara
PT Bara Energi Lestari (“BEL”) Aceh 2005 2011
Coal mining

Tahun Penyertaan Kepemilikan Jumlah Aset Sebelum Eliminasi

Company Ownership Total Assets Before Elimination Status Operasi
Modal
(%) (ribuan AS$/thousand US$) Operational
Year of Investment
Status
Placement 2020 2019 2020 2019
Beroperasi
2009 100,00 100,00 320.232 297.378
Operational
Beroperasi
2010 100,00 100,00 304.026 335.606
Operational
Beroperasi
2009 100,00 100,00 135.345 94.033
Operational
Beroperasi
2009 99,99 99,99 67.759 71.330
Operational
Belum Beroperasi
2016 100,00 100,00 18.625 27.497
Not Yet Operational
Beroperasi
2016 100,00 100,00 28.134 20.274
Operational
Beroperasi
2010 100,00 100,00 71.630 57.788
Operational
Belum Beroperasi
2011 70,00 70,00 189.172 167.825
Not Yet Operational
Beroperasi
2014 100,00 100,00 24.136 60.162
Operational
Beroperasi
2011 70,00 70,00 182.609 166.973
Operational
Beroperasi
2011 70,00 70,00 16.087 11.265
Operational

Tahun Tahun Beroperasi

Nama Bidang Usaha Domisili Berdiri Komersial
Name Line of Business Domicile Year Year Commencing
Established Commercial Operation
Kepemilikan Tidak Langsung melalui CKB Logistics / Indirect Ownership through CKB Logistics
Transportasi laut
PT Alfa Trans Raya (“ATR”) Jakarta 2006 2007
Sea transportation
Transportasi laut domestik
PT Baruna Dirga Dharma (“BDD”) Jakarta 2011 2011
Domestic sea transportation
Bongkar muat barang dan
PT Dianta Daya Embara (“DDE”) pelayanan kepelabuhan laut Jakarta 2015 2017
Stevedoring and sea port services
Pelayanan jasa kapal
PT Pelabuhan Buana Reja (“PBR”) Jakarta 2010 2018
Ship operational services
Kepemilikan Tidak Langsung melalui AJN / Indirect Ownership through AJN
PT Nagata Dinamika (“ND”) yang terbarukan Jakarta 2012 -
Renewable energy IPP
PT Nagata Bio Energi (“NBE”) yang terbarukan Jakarta 2014 2020
PT Nagata Dinamika Hidro Buakayu yang terbarukan Jakarta 2014 -
Ulu (“NDHBU”)
Industri pembangkit listrik yang
PT Nagata Dinamika Hidro Pongko terbarukan Jakarta 2014 -
(“NDHP”)
PT Punggawa Niagata Dinamika terbarukan Jakarta 2014 -
Hidro (“PNDH”)
PT Nagata Biogas Dwienergi (“NBD”) terbarukan Jakarta 2015 -
PT Andara Candria Energi (“ACE”) terbarukan Jakarta 2016 -
Entitas Asosiasi / Associated Entity
Penyewaan mesin pembangkit
PT Sumberdaya Sewatama tenaga listrik Jakarta 1992 1992
(“Sewatama”)
Rental of electricity generator
Perdagangan dan distributor utama
barang dagangan
PT SSB Sammitr Distribution (“SSD”) Jakarta 2017 2017
Trading and main distributorship of
trading goods
*dalam miliar Rupiah. / in billion Rupiah.

Tahun Penyertaan Kepemilikan Jumlah Aset Sebelum Eliminasi

Company Ownership Total Assets Before Elimination Status Operasi
Modal
(%) (ribuan AS$/thousand US$) Operational
Year of Investment
Status
Placement 2020 2019 2020 2019
Beroperasi
2009 99,99 99,99 6.595 9.154
Operational
Beroperasi
2011 99,99 99,99 27.175 25.178
Operational
Beroperasi
2015 99,99 99,99 5.869 76
Operational
Beroperasi
2010 100,00 100,00 22.794 3.282
Operational
Belum Beroperasi
2012 99,50 99,50 1.907 2.214
Not Yet Operational
Beroperasi
2014 98,80 98,80 4.429 2.087
Operational
Belum Beroperasi
2014 99,00 99,00 32 168
Not Yet Operational
Belum Beroperasi
2014 99,00 99,00 20 171
Not Yet Operational
Belum Beroperasi
2014 42,80 42,84 642 1.104
Not Yet Operational
Belum Beroperasi
2015 98,80 98,80 6 58
Not Yet Operational
Belum Beroperasi
2016 99,10 99,10 14.091 24.153
Not Yet Operational
Beroperasi
2009 0,97 0,99 1.459* 1.814*
Operational
Beroperasi
2017 - 60,00 331 265
Operational

PT Cipta Kridatama (“CK”)
PT Cipta Kridatama (“CK”) didirikan PT Cipta Kridatama (“CK”) was

PT Cipta Kridatama pada 8 April 1997 sebagai perusahaan established on 8 April 1997 as a company
Gedung TMT 2, 2nd & 3rd Floor pengembangan jasa penyewaan dan developing the rental and use of
Jl. Cilandak KKO No.1
penggunaan alat berat PT Trakindo PT Trakindo Utama’s heavy equipment.
Jakarta, 12560, Indonesia
Utama. Namun, seiring dengan However, along with the growth of
(+62 21) 2997 6866
(+62 21) 2997 6867 tumbuhnya industri pertambangan the mining industry in Indonesia,
www.ciptakridatama.co.id di Indonesia, CK memutuskan untuk CK decided to change its business
mengubah kegiatan bisnis menjadi activity into integrated mining in 2003.
pertambangan terpadu yang dilakukan Then, in 2013,CCK developed its business
pada tahun 2003. Kemudian, pada tahun by entering into the construction services
2013, CK melakukan pengembangan industry. This was done to expand the
bisnis dengan merambah pada jasa business network and provide integrated
konstruksi. Hal ini dilakukan untuk solutions for all clients or prospective
memperluas jaringan bisnis serta clients in various mining operations.
menyediakan solusi terintegrasi bagi
seluruh klien atau calon klien di berbagai
pertambangan.
CK, sebagai salah satu kontraktor CK, as one of the leading mining
pertambangan yang unggul di Indonesia, contractors in Indonesia, is supported
didukung lebih dari 4.387 karyawan by 4,387 competent employees and
yang kompeten serta memiliki 559 unit has 559 units of main equipment,
main equipment, memiliki sistem dan having state-of-the-art systems and
teknologi terbaru sehingga produksi technology so that the production of
pemindahan tanah untuk tahun 2020 overburden removal for 2020 reached
mencapai 140,15 juta bcm. Selain itu, 140.15 million bcm. In addition, CK
CK juga telah mempunyai sertifikasi also possesses ISO 140001;2015, ISO
ISO 140001;2015, ISO 45001:2018, ISO 45001:2018, ISO 9001:2015, and Mining
9001:2015, dan Sistem Manajemen Safety Management System (MSMS)
Keselamatan Pertambangan (SMKP) certifications, demonstrating the quality
Kepemilikan Saham CK yang memperlihatkan bahwa kualitas of the company’s performance and its
CK’s Share Ownership kinerja perusahaan telah memiliki standar high standards in terms of governance,
yang tinggi dalam hal ketatalaksanaan, occupational health and safety, and
0,002% kesehatan dan keselamatan kerja, serta environmental management.
pengelolaan lingkungan.
(per 31 Desember 2020 / as of 31 December 2020)
Manajemen Kunci Perusahaan dan Kepemilikan Saham CK

Key Management and CK’s Shares Ownership
Dewan Komisaris Adrian Erlangga (Komisaris Utama / President Commissioner)
99,998% Board of Commissioners Achmad Ananda Djajanegara (Komisaris / Commissioner)
Feriwan Sinatra (Direktur Utama / President Director)

ABM SSB
Direksi
Andi Mangkona (Direktur / Director)
Board of Directors
Yul Farmansyah Rusli (Direktur / Director)

PT Reswara Minergi Hartama (“Reswara”)
Reswara merupakan Entitas Anak Reswara is a subsidiary of ABM which

ABM yang mengelola tambang batu manages low-calorie thermal coal mines.
PT Reswara Minergi Hartama
bara termal berkalori rendah. Konsesi Reswara’s coal mining concessions are
Gedung TMT 1, 9th Floor, Suite 902 pertambangan batu bara Reswara located in South Kalimantan (through
berlokasi di Kalimantan Selatan (melalui PT Tunas Inti Abadi/”TIA”), West Aceh
PT Tunas Inti Abadi/”TIA”), Aceh Barat (through PT Mifa Bersaudara/”Mifa”),
(+62 21) 2997 6733
(melalui PT Mifa Bersaudara/”Mifa”), dan and Nagan Raya (through PT Bara Energi
(+62 21) 2997 6731/ 6732
www.reswara.co.id
Nagan Raya (melalui PT Bara Energi Lestari/”BEL”). Mifa and BEL are listed
Lestari/”BEL”). Mifa dan BEL tercatat as concession holders under PT Media
sebagai pemegang konsensi di bawah Djaya Bersama (“MDB”), one of Reswara’s
naungan PT Media Djaya Bersama Subsidiaries.
(“MDB”), salah satu Entitas Anak Reswara.
Per 31 Desember 2020, luas konsensi TIA As of 31 December 2020, TIA’s concession
mencapai 3.085 hektare dan memiliki area was 3,085 hectares and had 8.44
8,44 juta ton sumber daya batu bara. million tons of coal reserves. The area is
Wilayah tersebut dimanfaatkan TIA untuk used by TIA to conduct open coal thermal
melakukan penambangan terbuka batu mining in order to meet the requirements
bara termal dalam rangka memenuhi as a compliant coal. Mining results are
persyaratan sebagai compliant coal. then marketed globally, both domestically
Hasil penambangan tersebut kemudian and abroad, such as to India, China, and
dipasarkan secara global, baik di dalam several countries in Southeast Asia to be
maupun di luar negeri, seperti di India, used as blended coal.
Tiongkok, dan beberapa negara di Asia
Tenggara untuk digunakan sebagai batu
bara campuran.
Sementara itu, hingga akhir 2020, At the end of 2020, Mifa and BEL held
Mifa dan BEL memegang hak konsensi concession rights of 4,629 hectares
sebesar 4.629 hektar di Aceh dengan total in Aceh with total reserves of 23.90
sumber daya sebesar 235,90 juta ton batu million tons of coal. Since 2018, BEL
bara. Sejak 2018, BEL beroperasi penuh has been in full operation supplying to
memasok ke PT Pembangkit Listrik PT Pembangkit Listrik Negara (Persero)
Negara (Persero) di Nagan Raya, dan saat in Nagan Raya and currently, BEL also
ini BEL juga melakukan ekspor terutama export mainly to India and Vietnam.
ke India dan Vietnam. Sedangkan Mifa While Mifa started production in 2012 and
Kepemilikan Saham Reswara memulai produksi pada tahun 2012 dan entered the commercial year starting in
Reswara’s Share Ownership memasuki tahun komersil mulai Januari January 2015 by exporting to India. From
2015 dengan melakukan ekspor ke India. the two mining sites, in 2020, Reswara
0,0004% Dari dua lokasi pertambangan tersebut, has produced 12.56 million tons of coal.
secara konsolidasi pada tahun 2020
Reswara telah memproduksi 12,56 juta
ton batu bara.
Manajemen Kunci Perusahaan dan Kepemilikan Saham Reswara

Key Management and Reswara’s Shares Ownership
99,9996% Dewan Komisaris

Achmad Ananda Djajanegara (Komisaris / Commissioner)
Board of Commissioners
ABM SSB
Direksi Adrian Erlangga (Direktur Utama / President Director)
Board of Directors Slamet Haryadi (Direktur / Director)

PT Cipta Krida Bahari (“CKB Logistics”)
PT Cipta Krida Bahari (“CKB Logistics”) PT Cipta Krida Bahari (“CKB Logistics”)
didirikan tahun 1977 sebagai perusahaan was established in 1997 as a national
Gedung TMT 1, 7th Floor, Suite 701
Jl. Cilandak KKO No.1 penyedia jasa layanan logistik terpadu integrated logistics service provider,
Jakarta, 12560, Indonesia nasional dan memiliki spesialisasi pada specializing in project logistics and
(+62 21) 2997 6777 / 6788 project logistics serta total solution total logistics solution. Currently, CKB
(+62 21) 2997 6797
www.ckb.co.id logistics. Saat ini, CKB Logistics Logistics operates in 41 regions in 34
beroperasi di 41 wilayah yang berada cities and 21 provinces throughout
di 34 kota dan 21 provinsi seluruh Indonesia, including cities and areas
Indonesia, termasuk kota dan area yang that are difficult to reach by commercial
sulit dijangkau transportasi komersial. transportation. CKB Logistics also has a
CKB Logistics juga memiliki global global network spread across 40 global
network yang tersebar di 40 strategic strategic partners in 7 regions, and
global partners pada 7 wilayah, serta holds a license from the government
telah memegang lisensi dari pemerintah as the operator of Bonded Logistics
sebagai operator Pengelola Logistik Management Area (PLB) and Authorized
Berikat (“PLB”) dan Sertifikasi Authorized Economic Operator (AEO) Certification
Economic Operator (“AEO”) dari World from the World Customs Organization.
Customs Organization.
Hingga saat ini, kegiatan usaha CKB Until now, CKB Logistics business
Logistics dibantu oleh Entitas Anak, activities are supported by its
yaitu PT Alfa Trans Raya (“ATR”), Subsidiaries, namely PT Alfa Trans
PT Baruna Dirga Dharma (“BDD”), Raya (“ATR”), PT Baruna Dirga Dharma
PT Dianta Daya Embara (DDE), dan (“BDD”), PT Dianta Daya Embara (“DDE”)
PT Pelabuhan Buana Reja (“PBR”). and PT Pelabuhan Buana Reja (“PBR”).
ATR dan BDD memiliki armada kapal ATR and BDD have a fleet of transport
pengangkut yang beroperasi di wilayah vessels operating in the territory of the
Republik Indonesia. DDE bergerak Republic of Indonesia. DDE is engaged in
di bidang layanan jasa penanganan stevedoring and sea port services, while
Kepemilikan Saham CKB kargo atau bongkar muat barang, PBR is engaged in port management
CKB’s Share Ownership sedangkan PBR yang bergerak di bidang in Indonesia which already has a Port
manajemen pelabuhan di Indonesia Business Entity license.
0,001% yang telah memiliki izin Badan Usaha
Pelabuhan.
Manajemen Kunci Perusahaan dan Kepemilikan Saham CKB Logistics

Key Management and CKB Logistics’s Shares Ownership
Dewan Komisaris
Achmad Ananda Djajanegara (Komisaris Utama / President Commissioner)
99,999% Board of Commissioners
Imam Sjafei (Direktur Utama / President Director)

ABM SSB
Direksi
Satrio Daru Sasongko (Direktur / Director)
Board of Directors
Ety Puspitasari (Direktur / Director)

PT Sanggar Sarana Baja (“SSB”) didirikan PT Sanggar Sarana Baja (“SSB”) was
19 Maret 1977 sebagai pendukung bisnis established on 19 March 1977 to support
Jl. Cilandak KKO No.1 Trakindo Utama. Pada akta pendirian Trakindo Utama business. In the deed
Jakarta, 12560, Indonesia disebutkan bahwa bidang usaha SSB of establishment it is stated that SSB’s
(+62 21) 2997 6830 yaitu memproduksi komponen dan business sector is producing heavy
(+62 21) 2997 6835
www.ptssb.co.id aksesoris alat berat yang dibutuhkan equipment components and accessories
produk Caterpillar. Namun, seiring that are needed by Caterpillar products.
dengan meningkatnya usaha konstruksi However, along with the increased
dan didukung fasilitas yang lengkap, construction business and supported
pada tahun 1983, SSB melakukan by complete facilities, in 1983, SSB
diversifikasi usaha ke industri migas, diversified into the oil and gas,
petrokimia, dan pembangkit listrik petrochemical and power generation
dengan tetap menjalankan bisnis inti di industries while continuing to run its
sektor pertambangan. core business in the mining sector.
Dengan dukungan 1.490 orang karyawan With the support of 1,490 competent
yang kompeten, 13 site yang tersebar di employees, 13 site in various provinces
berbagai provinsi di Indonesia, serta in Indonesia, and the availability of
tersedianya sumber daya yang lengkap complete and quality resources, SSB
dan berkualitas, SBB berkomitmen is committed to providing useful
memberikan solusi yang bermanfaat solutions in order to optimize customer
dalam rangka mengoptimalkan satisfaction. Thus, SSB’s vision to
kepuasan pelanggan. Dengan demikian, become a technology-based engineering
Visi SSB untuk menjadi perusahaan company that prioritizes customer
rekayasa berbasis teknologi yang satisfaction through premium services
mengedepankan kepuasan pelanggan and appropriate products can be
melalui layanan premium dan produk realized.
tepat guna dapat terwujud.
Kepemilikan Saham SSB

SSB’s Share Ownership
0,005%
Manajemen Kunci Perusahaan dan Kepemilikan Saham SSB

Key Management and SSB’s Shares Ownership
99,995%
Dewan Komisaris
ABM Achmad Hadiat Hamami Achmad Ananda Djajanegara (Komisaris / Commissioner)
Direksi
Johan Timothy Budisusetija (Direktur / Director)
Board of Directors

PT Prima Wiguna Parama (“PWP”)
PT Prima Wiguna Parama (“PWP”) PT Prima Wiguna Parama (“PWP”) was

PT Prima Wiguna Parama didirikan 20 Juni 2011 sebagai salah established on 20 June 2011 as one of
Gedung TMT 1, 18th Floor, Suite 1802 satu Entitas Anak dari SSB, bagian dari the Subsidiaries of SSB, a part of ABM
Grup ABM. Namun, PWB diakuisisi oleh Group. However, PWB was acquired by
Perseroan pada tahun 2017 dengan the Company in 2017 with the aim of
(+62 21) 2997 6777 / 6788
(+62 21) 2997 6797 tujuan mengelola usaha pengadaan managing the fuel procurement business
www.ckb.co.id bahan bakar dan jasa terkait. Pada tahun and related services. In the same year,
yang sama, PWP juga memperoleh PWP also obtained a General Commercial
memperoleh izin Niaga Umum (NU) Permit (NU) from the Ministry of Energy and
dari Kementerian ESDM Ditjen Migas Mineral Resources – Directorate General of
untuk menjalankan transaksi jual beli Oil and Gas to carry out petroleum fuel sale
bahan bakar di wilayah Indonesia dan and purchase transactions in the territory
beroperasi secara penuh di bulan Juni of Indonesia and become fully operational
2017. in June 2017.
Hingga akhir 2020, PWP telah At the end of 2020, PWP had sold 175.89
melakukan penjualan bahan bakar solar million liters of diesel fuel in 17 locations
sebanyak 175,89 juta liter untuk 17 lokasi spread across 6 provinces. In addition,
yang tersebar di 6 Provinsi. Selain itu, PWP had also expanded its lubricant
PWP juga melakukan pengembangan distribution business to one of the
Kepemilikan Saham PWP
PWP’s Share Ownership usaha penyaluran pelumas kepada Company’s Subsidiaries, effective from
salah satu Entitas Anak Perseroan, April 2018. Total distribution of lubricant
0,020%
efektif sejak April 2018. Total penyaluran volume as of 31 December 2020 had
volume pelumas per 31 Desember 2020 reached 2.14 million liters spread.
mencapai 2,14 juta liter.
Manajemen Kunci Perusahaan dan Kepemilikan Saham PWP

Key Management and PWP’s Shares Ownership
99,980%
Dewan Komisaris
Adrian Erlangga (Komisaris / Commissioner)
ABM SSB Board of Commissioners
Direksi
Haris Mustarto (Direktur / Director)
Board of Directors

PT Anzara Janitra Nusantara (“AJN”) PT Anzara Janitra Nusantara (“AJN”) was

PT Anzara Janitra Nusantara sebelumnya bernama PT Pradipa Aceh previously named PT Pradipa Aceh Daya
Gedung TMT 1, 18th Floor, Suite 1802 Daya yang didirikan 31 Desember 2014. and established on 31 December 2014.
Namun, pihak manajemen sepakat However, the management agreed to
untuk mengubah nama menjadi change its name to PT Anzara Janitra
(+62 21) 2997 6767
(+62 21) 2997 6768 PT Anzara Janitra Nusantara, efektif Nusantara, effective since 2016, and
sejak 2016, dan menjadikan AJN make AJN the holding company of an
sebagai induk usaha dari perusahaan independent power producer (IPP) that
produsen listrik swasta (independent provides electricity solutions.
power produce/IPP) yang menyediakan
solusi ketenagalistrikan.
Pada tahun yang sama, melalui In the same year, through several
beberapa Entitas Anak, AJN telah Subsidiaries, AJN completed the signing
selesai menandatangani Perjanjian of a Power Purchase Agreement (PPA)
Jual Beli Tenaga Listrik (PJBL) dengan with several Regional Central Units (UIW)
beberapa Unit Induk Wilayah (UIW) of PT PLN (Persero), such as UIW South
PT PLN (Persero), seperti UIW Kalimantan and Central Kalimantan for
Kalimantan Selatan dan Kalimantan Biogas Power Plants (PLTBg) in Tanah
Tengah untuk Pembangkit Listrik Bumbu Regency, South Kalimantan and
Kepemilikan Saham AJN
AJN’s Share Ownership Tenaga Biogas (PLTBg) di Kabupaten UIW South Sulawesi, Southeast, and
Tanah Bumbu, Kalimantan Selatan dan West for Biogas Power Minihidro (PLTM)
0,009%
UIW Sulawesi Selatan, Tenggara, dan in Toraja Utara Regency, South Sulawesi.
Barat untuk Pembangkit Listrik Tenaga
Minihidro (PLTM) di Kabupaten Toraja
Utara, Sulawesi Selatan.
Manajemen Kunci Perusahaan dan Kepemilikan Saham PWP

Key Management and PWP’s Shares Ownership
99,991%
Dewan Komisaris
Adrian Erlangga (Komisaris / Commissioner)
ABM Sewatama Board of Commissioners
Direksi
Suryantoro Prakoso (Direktur / Director)
Board of Directors

Struktur Grup ABM

ABM Group Structure
39,760%
Rachmat Sobari Hamami
39,760%
Mivida Hamami
9,940%
Anna Solana Hamami
9,940%
Kartika Hamami
PT Tiara Marga Trakindo
0,600%
23,114%
Valle Verde Pte Ltd AHK Holdings Pte Ltd
55,956% 100,000%
Publik / Public
20,930% PT Reswara Minergi Hartama
PT ABM Investama Tbk 99,9996%

PT Sanggar Sarana Baja 0,0004%
PT Cipta Kridatama



PT Tiara Marga Trakindo 0,005%
PT Anzara Janitra Nusantara

PT Sumberdaya Sewatama 0,009%
PT Prima Wiguna Parama


40,000%
Rachmat Sobari Hamami
40,000%
Mivida Hamami
10,000%
Anna Solana Hamami
10,000%
PT Tunas Inti Abadi PT Mifa Bersaudara
PT Reswara Minergi Hartama 99,992% PT Media Djaya Bersama 99,998%

PT Sanggar Sarana Baja 0,008% PT Reswara Minergi Hartama 0,002%
PT Media Djaya Bersama PT Bara Energi Lestari
PT Reswara Minergi Hartama 70,000% PT Media Djaya Bersama 99,995%

PT Inti Murni Kencana 30,000% PT Reswara Minergi Hartama 0,005%
PT Agata Nugraha Nastari PT Multi Harapan Utama
PT Reswara Minergi Hartama 99,9997% PT Pakarti Putra Sang Fajar 90,000%

PT Sanggar Sarana Baja 0,0003% PT Agatha Nagata Nastari 10,000%
PT Baruna Dirga Dharma
PT Cipta Krida Bahari 99,998%

PT Alfa Trans Raya
PT Cipta Krida Bahari 99,999%

PT Dianta Daya Embara PT Nagata Dinamika Hidro Pongko
PT Cipta Krida Bahari 99,995% PT Nagata Dinamika 99,000%

PT Sumberdaya Sewatama 0,005% PT Nagata Bisma Shakti 1,000%
PT Pelabuhan Buana Reja PT Punggawa Nagata Dinamika Hidro
PT Cipta Krida Bahari 99,995% PT Nagata Dinamika 42,840%

PT Sanggar Sarana Baja 0,005% Asian Energy Hydro Power Pte Ltd 41,160%
Perusahaan Daerah Gowa Mandiri 16,002%
PT SSB Sammitr Distribution

PT Nagata Dinamika Hidrobuakayu Ulu
PT Nagata Dinamika 99,000%
PT Sammitr Motor Indonesia 60,000%
PT Nagata Bisma Shakti 1,000%
PT Andara Candria Energi PT Nagata Biogas Dwienergi
PT Anzara Janitra Nusantara 99,125% PT Nagata Dinamika 98,800%

PT Sumberdaya Sewatama 0,875% PT Nagata Bisma Shakti 1,200%
PT Nagata Dinamika PT Nagata Bio Energi
PT Anzara Janitra Nusantara 99,150% PT Nagata Dinamika 98,800%

PT Pradita Aryasatya 0,490% PT Nagata Bisma Shakti 1,200%

Kronologi Pencatatan Saham

Chronology of Share Listing
Perseroan merupakan perusahaan terbuka yang menjual The Company is a publicly listed company that has
saham di Bursa Efek Indonesia sejak 6 Desember listed its shares on the Indonesia Stock Exchange since
2011 setelah mendapatkan pernyataan efektif dari 6 December 2011 after receiving an effective statement from
Badan Pengawas Pasar Modal dan Lembaga Keuangan Bapepam-LK in Letter No. S-12687/BL/2011 dated
(Bapepam-LK) dalam Surat No. S-12687/BL/2011 tanggal 24 November 2011 to conduct a Public Offering of Shares
24 November 2011 untuk melakukan Penawaran Umum to the public. Information regarding the chronology of the
Saham kepada masyarakat. Informasi mengenai kronologi Company’s share listing is described in the following table.
pencatatan saham Perseroan diuraikan pada tabel berikut.
Harga Akumulasi
Bursa Tempat Jumlah Nilai Nominal
Penawaran Saham
Tanggal Penerbitan dan Penambahan Saham
Aksi Korporasi Saham (Lembar)
Pencatatan Pencatatan Saham Saham Share Nominal
Corporate Action Share Offering Total Shares
Listing Date Share Listed on Additional Value
Price Outstanding
Exchange Shares (Rp)
(Rp) (Shares)
Pra Penawaran Umum Perdana / Pra Initial Public Offering 2.202.532.000
Penawaran Umum Bursa Efek Indonesia

6 Desember 2011
Perdana Indonesia Stock 550.633.000 500 3.750 2.753.165.000
6 December 2011
Initial Public Offering Exchange
Kronologi Pencatatan Efek Lainnya

Chronology of Other Securities Listing
Selain menerbitkan saham, Perseroan juga menerbitkan In addition to issuing shares, the Company also issued other
efek lain berupa Surat Utang Awal dan Surat Utang securities in the form of Bonds and Senior Notes on the
Tambahan di Singapore Stock Exchange (SGX), efektif Singapore Stock Exchange (SGX), effective from 2017. The
sejak 2017. Kronologi pencatatan efek lainnya yang chronology of other securities listed by the Company until
diterbitkan Perseroan hingga akhir 2020 diuraikan sebagai the end of 2020 is described as follows.
berikut.

Nama Efek Tahun Tanggal Nilai Tingkat Tanggal Jatuh Peringkat

Lainnya Penerbitan Penerbitan (AS$) Bunga/ Tempo Rating
Tenor Imbalan Status
Securities Issuance Issuance Value Maturity
Name Year Date (US$) Coupon Rate Date 2020 2019
AS$300.000.000 2017 1 Agustus 2017 300.000.000 60 Bulan 7,125% 1 Agustus 2022 • “B1” by • “B1” by
7,125% Senior 1 August 2017 Months per tahun 1 August 2022 Moody’s Moody’s
Notes per annum Investor Investor
Belum
Service Service
Jatuh
Inc Inc
Tempo
AS$50.000.000 2017 28 November 2017 50.000.000 • “B+“ by • “B+“ by
Not Yet
7,125% Senior 28 November 2017 Fitch Fitch
Mature
Notes Ratings Ratings
Ltd Ltd
Total 350.000.000
Lembaga dan Profesi Penunjang

Supporting Professions and Institutions
Daftar Lembaga dan Profesi Penunjang Pasar Modal Perseroan

List of the Company’s Capital Market Supporting Institutions and Professions
Lembaga Penunjang
Supporting Institutions
Biro Administrasi Efek / Share Register
PT Datindo Entrycom
Jl. Hayam Wuruk No. 28
Jakarta, 10120
T : (+62 21) 350 8077
F : (+62 21) 350 8078
Jasa yang Diberikan / Services Rendered Biaya / Fees Periode / Period

Menyediakan jasa administrasi efek secara in-house. Rp65.000.000,- 2020
In-house securities administration services.
Wali Amanat / Trustee
Bank of New York Mellon

101 Barclay Street Floor 4- East
New York 10286, Amerika Serikat

Trustee agent untuk bonds issuance. AS$ / US$ 18.650 2020
Trustee agent for bonds issuance.

Lembaga Penunjang
Supporting Institutions
Pemeringkat Efek / Ratings Agency
Fitch Ratings Ltd

30 North Colonnade
London E14 5GN

Jasa pemeringkatan obligasi. AS$ / US$ 74.000 2020
Bonds Rating Services.
Moody’s Investors Service Singapore Pte Ltd

50 Raffles Place #23-06
Singapore Land Tower Singapore, 048623

Jasa pemeringkatan obligasi. AS$ / US$ 72.000 2020
Bonds Rating Services.
Profesi Penunjang
Professions
Kantor Akuntan Publik / Public Accountig Firm
KAP Purwantono, Sungkoro & Surja

Gedung Bursa Efek Indonesia
Menara 2, 7th FIoor
Jl. Jenderal Sudirman Kav 52-53
Jakarta, 12190
T : (+62 21) 5289 5000
F : (+62 21) 5289 4100

Audit umum atas Laporan Keuangan tahun buku 2020. Rp600.000.000,- 2020
General audit of the Company’s 2020 Financial Statements.
Notaris / Notary
Jose Dima Satria SH, MKn

Kompleks Rukan Fatmawati Mas II/210
Jl. RS Fatmawati No. 20
Jakarta Selatan

Jasa kenotariatan untuk pembuatan akta perusahaan. Rp25.000.000,- 2020
Notary sevices for preparation of company deeds.
Daftar Kantor Akuntan Publik dan Akuntan dalam 5 Tahun Terakhir

List of Public Accounting Firms and Public Accountant for the Past 5 Years
Tahun Buku Kantor Akuntan Publik Akuntan Jasa

Fiscal Year Public Accounting Firm Accountant Service
Audit umum atas Laporan Keuangan tahun 2020

2020 Purwantono, Sungkoro & Surja Sinarta
General Audit of 2020 Financial Statement


2018 Purwantono, Sungkoro & Surja Peter Surja

PT ABM Investama Tbk PROFIL PERUSAHAAN ··· COMPANY PROFILE
Tahun Buku Kantor Akuntan Publik Akuntan Jasa

Fiscal Year Public Accounting Firm Accountant Service

2017 Purwantono, Sungkoro & Surja Peter Surja

Daftar Bursa Perdagangan Saham dan Efek Lainnya

List of Echanges for Trading of Shares and Other Securities
Bursa Efek
Stock Echange
Bursa Efek Indonesia Bursa Efek Singapura

Gedung Bursa Efek Indonesia 11 North Buona Vista Drive
Jl. Jenderal Sudirman Kav. 52-53 #06-07 The Metropolis Tower 2
Jakarta, 12190 Singapore, 138589
T : (+62 21) 5150 515 T : (+65) 6236 8888
E : callcenter@idx.co.id F : (+65) 6536 6994
W : www.idx.co.id W : www.sgx.com
Perdagangan
Trading
Perdagangan Saham Perusahaan (kode saham: ABMM) Penerbitan dan Perdagangan Surat Utang
The Company’s Shares (ticker code: ABMM) Issuance and Trading of Bonds
Informasi Penting Lainnya

Other Important Information
Yoghi Nuswantoro
Hubungan Investor Investor Relation
Investor Relations T : (+62 21) 2997 6767
F : (+62 21) 2997 6768
105 Laporan Tahunan 2020 2020 Annual Report 105

Wilayah Operasional dan Jaringan Usaha

Operational Area and Business Network
Aceh Sumatera Riau Kepulauan Jakarta Kalimantan Kalimantan

Utara Riau Tengah Utara
Jambi Kalimantan Kalimantan
Barat Timur
Kalimantan
Selatan
Bengkulu Tangerang
Banten
Sumatera Sumatera Jawa Jawa
Barat Selatan Barat Timur Bali NTB

Sulawesi Sulawesi Maluku Papua Barat Papua

Selatan Utara Utara
SSB CKB Logistics CK Reswara PWP

Workshop Jasa Rekayasa Kantor Logistik Terintegrasi Lokasi Kontrak Pertambangan Lokasi Konsesi Pertambangan Lokasi Distribusi Bahan Bakar
Engineering Services Workshop Integrated Logistic Offices Contract Mining Project Sites Mining Concession Sites Fuel Distribution Location

Nama Perusahaan Wilayah Keterangan

Company Name Area Description
Kotamadya Jakarta Selatan, DKI Jakarta Head Office
Kota Tangerang, Banten Plant
Kota Balikpapan, Kalimantan Timur Workshop
Kabupaten Timika, Papua Workshop & Site Location
Kota Samarinda, Kalimantan Timur Workshop

SSB
Kabupaten Tabalong, Kalimantan Selatan Site Location
Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
Kota Balikpapan, Kalimantan Timur Site Location
Kabupaten Kutai Timur, Kalimantan Timur Site Location
Kabupaten Luwu Timur, Sulawesi Selatan Site Location
Kotamadya Jakarta Selatan, DKI Jakarta Head Office, Office, & Warehouse
Kota Tangerang, Banten Office & Warehouse
Kota Surabaya, Jawa Timur Office & Warehouse

Kota Tarakan, Kalimantan Utara Office
Kota Balikpapan, Kalimantan Timur Office & Warehouse
Kota Samarinda, Kalimantan Timur Office & Warehouse
Kabupaten Paser, Kalimantan Timur Office
Kabupaten Berau, Kalimantan Timur Office
Kabupaten Kutai Timur, Kalimantan Timur Office
Kabupaten Kotawaringin Barat, Kalimantan Tengah Office
Kota Pontianak, Kalimantan Barat Office
Kabupaten Tabalong, Kalimantan Selatan Office
Kota Banjarmasin, Kalimantan Selatan Office & Warehouse
Kabupaten Tanah Bumbu, Kalimantan Selatan Office

Kabupaten Aceh Barat & Kabupaten Nagan Raya, Aceh Office
CKB Logistics Kota Medan, Sumatera Utara Office
Kota Pekanbaru, Riau Office
Kota Bengkulu, Bengkulu Office
Kota Jambi, Jambi Office
Kota Padang, Sumatera Barat Office
Kota Palembang, Sumatera Selatan Office
Kota Batam, Kepulauan Riau Office
Kota Manado, Sulawesi Utara Office
Kota Makassar, Sulawesi Selatan Office
Kota Denpasar, Bali Office
Kota Mataram, Nusa Tenggara Barat Office
Kabupaten Sumbawa Barat, Nusa Tenggara Barat Office
Kota Ternate, Maluku Utara Office
Kabupaten Timika, Papua Office
Kota Jayapura, Papua Office
Kota Sorong, Papua Barat Office

Nama Perusahaan Wilayah Keterangan

Company Name Area Description
CK
• Mifa Bersaudara Kabupaten Aceh Barat, Aceh Site Location
• Tunas Inti Abadi Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Multi Harapan Utama Kabupaten Kutai Kertanegara, Kalimantan Timur Site Location
• Binuang Mitra Bersama Kabupaten Tapin, Kalimantan Selatan Site Location
• Antang Gunung Meratus Kabupaten Hulu Sungai Selatan, Kalimantan Selatan Site Location
• Muara Alam Sejatera Site Location

Kabupaten Lahat, Sumatera Selatan
• Dizamatra Powerindo Site Location
• Bukit Baiduri Energi Kabupaten Kutai Kertanegara, Kalimantan Timur Site Location
• Kuarsing Inti Makmur Kabupaten Muaro Bungo, Jambi Site Location
Kabupaten Aceh Barat & Kabupaten Nagaya Raya, Aceh Site Location
Reswara
Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
PWP
• Mifa Bersaudara Kabupaten Aceh Barat, Aceh Site Location
• Bara Energi Lestari Kabupaten Nagan Raya, Aceh Site Location
• Kuansing Inti Makmur Kabupaten Muaro Bungo, Jambi Site Location
• Muara Alam Sejahtera Kabupaten Lahat, Sumatera Selatan Site Location
• Dizamatra Powerindo Kabupaten Lahat, Sumatera Selatan Site Location
• Tunas Inti Abadi Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Baruna Dirga Dharma Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Buana Raya Duta Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Bangun Arta Hartama Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Malindo Mandiri Makmur Kabupaten Tanah Bumbu, Kalimantan Selatan Site Location
• Binuang Mitra Bersama Kabupaten Tapin, Kalimantan Selatan Site Location
• Antang Gunung Meletus Kabupaten Hulu Sungai Selatan, Kalimantan Selatan Site Location
• Putra Perkasa Abadi Kabupaten Kutai Kertanegara, Kalimantan Timur Site Location
• Bukit Baiduri Energi Kabupaten Kutai Kertanegara, Kalimantan Timur Site Location
• Multi Harapan Utama Kabupaten Kutai Kertanegara, Kalimantan Timur Site Location
Kabupaten Samarinda, Kalimantan Timur Site Location

• Cipta Krida Bahari
Kabupaten Balikpapan, Kalimantan Timur Site Location
• Petro5 Kabupaten Balikpapan, Kalimantan Timur Site Location
• CKB Batakan Kabupaten Balikpapan, Kalimantan Timur Site Location

Alamat Entitas Anak, Kantor Cabang,

dan Kantor Perwakilan
Addresses of Subsidiaries, Branch Offices, and Representative Offices
Induk Usaha / Parent Entity

: (+62 21) 2997 6767
: (+62 21) 2997 6768
: corporate-secretary@abminvestama.com
: www.abm-investama.com
Entitas Anak Langsung / Directly Owned Subsidiaries
PT Cipta Kridatama PT Reswara Minergi Hartama PT Cipta Krida Bahari

Gedung TMT 2, 2nd & 3rd Floor Gedung TMT 1, 9th Floor, Suite 902 Gedung TMT 2, 7th Floor, Suite 701
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No.1
Jakarta, 12560, Indonesia Jakarta, 12560, Indonesia Jakarta, 12560, Indonesia
: (+62 21) 2997 6866 : (+62 21) 2997 6733 : (+62 21) 2997 6777/88
: (+62 21) 2997 6867 : (+62 21) 2997 6731/6732 : (+62 21) 2997 6797
: www.ciptakridatama.co.id : www.reswara.com : www.ckb.co.id
PT Sanggar Sarana Baja PT Anzara Janitra Nusantara PT Prima Wiguna Parama

Gedung TMT 1, 5th Floor, Suite 501 Gedung TMT 1, 18th Floor, Suite 1802 Gedung TMT 1, 18th Floor, Suite 1802
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1
: (+62 21) 2997 6830 : (+62 21) 2997 6767 : (+62 21) 2997 6767
: (+62 21) 2997 6835 : (+62 21) 2997 6768 : (+62 21) 2997 6768
: www.ptsb.co.id
Entitas Anak Melalui Reswara / Indirectly Owned Subsidiaries Through Reswara
PT Tunas Inti Abadi PT Media Djata Bersama PT Mifa Bersaudara

Gedung TMT 1, 9th Floor, Suite 802 Gedung TMT 1, 9th Floor Jl. Meulaboh-Tapktuan KM 8
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1 Desa Peunaga Cut Ujang, Meurebo
Jakarta, 12560, Indonesia Jakarta, 12560, Indonesia Aceh Barat, Aceh
: (+62 21) 2997 6747 : (+62 21) 2997 6747/33 : (+62 21) 2997 6756
: (+62 21) 2997 6746 : (+62 21) 2997 6732
PT Bara Energi Lestari

Jl. Jeuram Simpang Peut
Gampong Latong, Seunangan
Nagan Raya, Aceh
: (+62 21) 2997 6756

Entitas Anak Melalui CKB Logistics / Indirectly Owned Subsidiaries Through CKB Logistics
PT Alfa Trans Raya PT Baruna Dirga Dharma PT Dianta Daya Embara

Gedung TMT 2, 2nd Floor, Suite 201 Gedung TMT 1, 8th Floor, Suite 801 Gedung TMT 1, 7th Floor
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No.1
: (+62 21) 2997 6673 : (+62 21) 2997 6673 Ext. 8401 : (+62 21) 2997 6777/88
: (+62 21) 2997 6672 : (+62 21) 2997 6672 : (+62 21) 2997 6797
: offshore@atr.co.id E : chartering@bdd.co.id
: www.atr.co.id
PT Pelabuhan Buana Reja

Gedung TMT 2, 2nd Floor, Suite 201
: (+62 21) 2997 6777/88
: (+62 21) 2997 6797
Entitas Anak Melalui AJN / Indirectly Owned Subsidiaries Through AJN
PT Nagata Dinamika PT Nagata Bio Energi PT Nagata Dinamika Hidro Buakayu Ulu
Gedung TMT 1, 2nd Floor, Suite 201 Gedung TMT 1, 2nd Floor, Suite 201 Gedung TMT 1, 2nd Floor, Suite 201
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No.1 Jl. Cilandak KKO No. 1
PT Nagata Dinamika Hidro Pongko PT Punggawa Nagata Dinamika Hidro PT Nagata Biogas Dwienergi
Gedung TMT 1, 2nd Floor, Suite 201 Jl. Habibu DG Kulle No. 3 Gedung TMT 1, 2nd Floor, Suite 201
Jl. Cilandak KKO No.1 Sunggu Minasa, Somba Opu Jl. Cilandak KKO No.1
Jakarta, 12560, Indonesia Gowa, Sulawesi Selatan Jakarta, 12560, Indonesia
PT Andara Candria Energi

Entitas Anak Melalui SSB / Indirectly Owned Subsidiary Through SSB
PT SSB Sammitr Distribution

: (+62 21) 2997 6830
: (+62 21) 2997 6835
Hingga akhir 2020, Perseroan tidak memiliki kantor Up to end of 2020, the Company did not have branch or
cabang dan perwakilan. representative offices.

Informasi pada Situs Web Perusahaan

Information on the Company Website
Sesuai dengan Peraturan Otoritas Jasa Keuangan In accordance with Financial Service Authority Regulation
No. 8/POJK.04/2015 tentang Situs Web Emiten atau No. 8/POJK.04/2015 on Website of Issuers or Public
Perusahaan Publik, Perseroan membentuk laman resmi Companies, the Company has created an official website
dengan alamat www.abm-investama.com yang berisikan with the address www.abm-investama.com. which contains
informasi mengenai: information about:
1. Informasi perusahaan, memuat Visi dan Misi 1. Company information, containing the Vision and
Perseroan, holding dan Entitas Anak, organisasi, serta Mission of the Company, holding entity and Subsidiaries,
tim manajemen kunci; organizations, and key management teams;
2. Hubungan investor, memuat informasi untuk investor 2. Investor relations, containing information for investors,
seperti Laporan Tahunan, Laporan Keuangan, such as Annual Reports, Financial Statements, share
informasi pergerakan saham, serta informasi RUPS price movement, and Annual GMS;
Tahunan;
3. Whistleblowing System, memuat informasi mengenai 3. Whistleblowing System, containing information on
mekanisme pelaporan pelanggaran melalui situs web the mechanism of reporting violations through the
dan surat elektronik Perseroan; Company’s website and electronic mail;
4. Tata Kelola Perusahaan, memuat informasi mengenai 4. Corporate Governance, contains information on the
komposisi Pemegang Saham, perangkat-perangkat composition of Shareholders, corporate governance
tata kelola perusahaan, hasil penilaian tata kelola instruments, results of corporate governance
perusahaan, ASEAN CG Scorecard, Komite Dewan assessments, ASEAN CG Scorecard, Board of
Komisaris, kehadiran rapat dewan, kalender Commissioners’ Committees, attendance of board
perusahaan, Sekretaris Perusahaan, Audit Internal, meetings, corporate calendar, Corporate Secretary,
keterbukaan informasi, serta penghargaan dan Internal Audit, information disclosure, and awards and
sertifikasi; certifications;
5. Tanggung jawab sosial perusahaan, memuat informasi 5. Corporate social responsibility, containing information
mengenai kebijakan dan program tanggung jawab on policies and corporate social responsibility programs
sosial perusahaan kepada masyarakat dan lingkungan; to the community and the environment;
6. Keterbukaan informasi, memuat berita dan rilis media 6. Information transparency, containing news and media
mengenai aktivitas Perseroan; releases regarding the Company’s activities;
7. Tab informasi karier, memuat informasi mengenai 7. Career information tab, containing information on the
sumber daya manusia Perseroan; dan Company’s human resources; and
8. Tab kontak, memuat informasi mengenai alamat 8. The contact tab contains information on the contact
kontak/nomor telepon Perseroan yang mempermudah address/telephone number of the Company for the
publik untuk menghubungi Perseroan. public to contact the Company.
Situs web tersebut menjadi wadah bagi Perseroan untuk The website is a place for the Company to provide
memberikan informasi yang lengkap dan luas kepada comprehensive and extensive information to the public
masyarakat yang membutuhkan informasi mengenai who need information about the company’s activities and
aktivitas dan operasional perusahaan secara berkala. operations on a regular basis.

Uraian Ketersediaan Keterangan

Description Availability Note
Informasi Pemegang Saham sampai dengan Terdapat pada halaman Tentang Kami > Struktur Perusahaan.
Pemilik Akhir Individu About Us > Corporate Structure.
√
Information on Shareholders up to the
Individual Ultimate Beneficiaries
Struktur Grup Perusahaan Terdapat pada halaman Tentang Kami > Struktur Perusahaan.
√
Company Group Structure About Us > Corporate Structure.
Analisa Kinerja Keuangan Terdapat pada halaman Untuk Investor > Presentasi Perusahaan.
√
Financial Performance Analysis For Investor > Company Presentations.
Isi Kode Etik Terdapat pada halaman Tata Kelola Perusahaan > Perangkat-
Code of Conduct √ Perangkat GCG > Pedoman Etika dan Perilaku.
Corporate Governance > GCG Soft Structure > Code of Conduct.
Rapat Umum Pemegang Saham Terdapat pada halaman Untuk Investor > RUPS (Rapat Umum
General Meeting of Shareholders √ Pemegang Saham).
For Investor > General Meetings of Shareholders.
Laporan Keuangan Tahunan (5 tahun terakhir) Terdapat pada halaman Untuk Investor > Laporan Keuangan.
√
Annual Financial Statements (Past 5 Years) For Investor > Financial Reports.
Profil Dewan Komisaris dan Direksi Terdapat pada halaman Tentang Kami > Tim Manajemen.
Board of Commissioners and Board of √ About Us > Management Team.
Directors Profiles
Piagam Dewan Komisaris, Direksi, Komite- • Piagam Dewan Komisaris / Board of Commissioners Charter
Komite, dan Unit Audit Internal Terdapat pada halaman Komitmen Kami > Tata Kelola >
Charters of the Board of Commissioners. Perangkat-Perangkat GCG > Pedoman Tata Kerja Dewan
Board of Directors. Committees. and Internal Komisaris dan Direksi.
Audit Unit Our Commitment > Governance > GCG Soft Structure > Board of
Commissioners and Board of Directors Charters.
• Piagam Direksi / Board of Directors Charter
Terdapat pada halaman Komitmen Kami > Tata Kelola >
Perangkat-Perangkat GCG > Pedoman Tata Kerja Dewan
Komisaris dan Direksi.
Our Commitment > Governance > GCG Soft Structure > Board of
√
Commissioners and Board of Directors Charters.
• Piagam Komite Dewan Komisaris / Board of Commissioners
Committees Charters
Terdapat pada halaman Komitmen Kami > Tata Kelola > Komite
Dewan Komisaris.
Our Commitment > Governance > Board of Commissioners
Committees.
• Piagam Audit Internal / Internal Audit Charter
Terdapat pada halaman Komitmen Kami > Tata Kelola > Audit
Internal.
Our Commitment > Governance > Internal Audit.
√= Tersedia pada situs web perusahaan. / X = Belum tersedia pada situs web perusahaan. √= Available on the Company’s website. / X= Not yet available on the Company’s website.
Link terkait yang berada di situs web Perseroan diuraikan The related URLs on the Company’s corporate website are
pada tabel berikut. detailed on the following table.

Uraian Link Terkait

Description Related Link
Value Chain Kami
https://www.abm-investama.com/menu/3/our-value-chain
Our Value Chain
Sumber Daya Energi
https://www.abm-investama.com/menu/24/resource
Resource
PT Reswara Minergi Hartama https://www.abm-investama.com/page-detail/326/1/pt-reswara-minergi-hartama
PT Mifa Bersaudara https://www.abm-investama.com/page-detail/326/6/pt-mifa-bersaudara
PT Tunas Inti Abadi https://www.abm-investama.com/page-detail/326/7/pt-tunas-inti-abadi
PT Bara Energi Lestari https://www.abm-investama.com/page-detail/326/9/pt-bara-energi-lestari
Layanan
https://www.abm-investama.com/menu/25/services
Services
PT Cipta Kridatama https://www.abm-investama.com/page-detail/326/2/pt-cipta-kridatama
Infrastruktur
https://www.abm-investama.com/menu/26/infrastructure
Infrastructure
PT Cipta Krida Bahari https://www.abm-investama.com/page-detail/326/3/pt-cipta-krida-bahari
Value Chain Pertambangan
https://www.abm-investama.com/page-detail/344/1/value-chain-pertambangan
Mining Value Chain
Logistik dan Distribusi
https://www.abm-investama.com/page-detail/344/2/logistic-and-distribution
Logistic and Distribution
PT Sanggar Sarana Baja https://www.abm-investama.com/page-detail/326/4/pt-sanggar-sarana-baja
Value Chain Pertambangan
https://www.abm-investama.com/page-detail/344/3/mining-value-chain
Mining Value Chain
Jasa Fabrikasi
https://www.abm-investama.com/page-detail/344/4/fabrication-services
Fabrication Services
PT Prima Wiguna Parama https://www.abm-investama.com/page-detail/326/5/pt-prima-wiguna-parama
Untuk Investor
https://www.abm-investama.com/menu/2/for-investor
For Investor
Laporan Tahunan
https://www.abm-investama.com/menu/15/annual-report
Annual Report
Laporan Keuangan
https://www.abm-investama.com/menu/16/financial-reports
Financial Reports
Presentasi Perusahaan
https://www.abm-investama.com/menu/17/company-presentations
Company Presentations
RUPS (Rapat Umum Pemegang Saham)
https://www.abm-investama.com/menu/18/gms-general-meeting-of-shareholders
GMS (General Meeting of Shareholders)
Paparan Publik
https://www.abm-investama.com/menu/19/public-expose
Public Expose
Siaran Pers
https://www.abm-investama.com/menu/22/release
Release
Artikel
https://www.abm-investama.com/menu/23/article
Article
Komitmen Kami
https://www.abm-investama.com/menu/4/our-commitment
Our Commitment
Keberlanjutan
https://www.abm-investama.com/menu/27/sustainability
Sustainability
Laporan Keberlanjutan
https://www.abm-investama.com/menu/31/sustainablity-report
Sustainablity Report
Tata Kelola
https://www.abm-investama.com/menu/28/governance
Governance
Informasi Pemegang Saham
https://www.abm-investama.com/menu/32/shareholder-information
Shareholder Information
Kebijakan ABM
https://www.abm-investama.com/menu/33/abm-policies
ABM Policies
Perangkat-Perangkat GCG
https://www.abm-investama.com/menu/34/gcg-soft-structure
GCG Soft Structure

Uraian Link Terkait

Description Related Link
Hasil Penilaian GCG

https://www.abm-investama.com/menu/35/gcg-assessment-results
GCG Assessment Results
ASEAN CG Scorecard
https://www.abm-investama.com/menu/36/asean-cg-scorecard
ASEAN CG Scorecard
Komite Dewan Komisaris
https://www.abm-investama.com/menu/37/boc-committees
BOC Committees
Kehadiran Rapat Dewan
https://www.abm-investama.com/menu/38/board-meeting-attendance
Board Meeting Attendance
Kalender Perusahaan
https://www.abm-investama.com/menu/39/corporate-calendar
Corporate Calendar
https://www.abm-investama.com/menu/40/corporate-secretary
Corporate Secretary
Audit Internal
https://www.abm-investama.com/menu/41/internal-audit
Corporate Secretary
Keterbukaan Informasi
https://www.abm-investama.com/menu/42/disclosures
Disclosures
Penghargaan & Sertifikasi
https://www.abm-investama.com/menu/29/award-certification
Award & Certification
Sistem Pelaporan Pelanggaran
https://www.abm-investama.com/menu/30/whistleblowing-system-wbs
Whistleblowing System (WBS)
Insan Kami
https://www.abm-investama.com/menu/5/our-people
Our People
Peluang Berkarir yang Luas https://www.abm-investama.com/page-detail/339/1/peluang-berkarir-yang-luas
Wider Opportunity https://www.abm-investama.com/page-detail/339/1/wider-opportunity
Memaksimalkan Potensi Setiap Karyawan https://www.abm-investama.com/page-detail/339/2/memaksimalkan-potensi-seti-
Enriching People Potential ap-karyawan
https://www.abm-investama.com/page-detail/339/2/enriching-people-potential
Tantangan & Pemberdayaan https://www.abm-investama.com/page-detail/339/3/tantangan-pemberdayaan
Challenging & Empowerment https://www.abm-investama.com/page-detail/339/3/challenging-empowerment
Perusahaan yang Taat https://www.abm-investama.com/page-detail/339/4/perusahaan-yang-taat
Governed Company https://www.abm-investama.com/page-detail/339/4/governed-company
Kehidupan Kerja yang Seimbang https://www.abm-investama.com/page-detail/339/5/kehidupan-kerja-yang-seimbang
Providing Life Balance https://www.abm-investama.com/page-detail/339/5/providing-life-balance
Tentang ABM
https://www.abm-investama.com/menu/1/about-us
About Us
Pesan dari Manajemen
https://www.abm-investama.com/menu/7/message-from-management
Message from Management
Visi & Misi
https://www.abm-investama.com/menu/43/vision-mission
Vision & Mission
Nilai Perusahaan
https://www.abm-investama.com/menu/9/core-values
Core Values
Sifat Kepemimpinan
https://www.abm-investama.com/menu/10/leadership-traits
Leadership Traits
Logo Perusahaan
https://www.abm-investama.com/menu/11/corporate-logo
Corporate Logo
Riwayat Perusahaan
https://www.abm-investama.com/menu/12/historical-journey
Historical Journey
Struktur Perusahaan
https://www.abm-investama.com/menu/13/corporate-structure
Corporate Structure
Tim Manajemen
https://www.abm-investama.com/menu/14/management-team
Management Team
Other
Contact Us https://www.abm-investama.com/contact-us.php
E-Procurement https://eproc.abm-investama.com/
Find Us https://goo.gl/maps/q7r9mCnSjrDD33DC8
Terms and Condition https://www.abm-investama.com/terms-and-conditions.php.php


Analisa dan
Pembahasan
Manajemen
Management Discussion
and Analysis
Peningkatan kinerja segmen Peningkatan produksi

kontraktor tambang dan tambang batu bara di Reswara
batu bara, serta usaha lain-lain Improvement of coal mining
Performance increase in mining production at Reswara
contractors and coal mining
segment and other businesses
140,15
mencapai
reached
juta bcm / million bcm
Volume pemindahan lapisan penutup

dan volume penyewaan alat untuk
27,61
pengambilan batubara dan
Overburden removal volume and
and equipment rental volume
for coal getting juta ton / million tons

Tinjauan Perekonomian dan Industri

Economic and Industry Review
Kondisi Perekonomian Global Global Economic Condition
Pertumbuhan ekonomi global terkontraksi sebesar 3,8%, Global economic growth contracted by 3.8% in 2020, a
menurun jika dibandingkan tahun 2019 yang mengalami decrease compared to 2019 were it grew by 2.9%. The
pertumbuhan sebesar 2,9%. Pandemi corona virus disease 2019 Coronavirus disease (Covid-19) pandemic that has hit
2019 (Covid-19) yang melanda dunia sampai dengan saat the world was the main trigger for this decline. As a result,
ini, merupakan pemicu utama penurunan tersebut. Hal ini economic activities in many countries, both developed and
dikarenakan, kegiatan perekonomian di berbagai negara, developing, experienced a slowdown.
baik negara maju maupun berkembang, mengalami
perlambatan.
Dampak pandemi Covid-19 bagi Amerika Serikat (AS) The United States (US) is experiencing severe economic
menyebabkan tekanan ekonomi yang cukup dalam pressure due to the impact of the Covid-19 pandemic,
dibandingkan masa krisis finansial tahun 2008. Begitu even worse than the financial crisis it endured in 2008.
juga dengan Tiongkok yang mengalami kontraksi dalam Likewise, China also experienced a severe contraction in its
pada sektor konsumsi rumah tangga dan jasa selain jasa household consumption and services other than financial
keuangan. Sementara negara-negara dalam kawasan services. Meanwhile, countries in Europe that are heavily
Eropa yang memiliki ketergantungan besar terhadap dependent on tourism experienced a significant decrease
sektor pariwisata, mengalami penurunan jumlah in the number of tourist arrivals due to the lockdown policy
wisatawan yang signifikan akibat kebijakan lockdown yang issued by local authorities.
dikeluarkan oleh otoritas terkait.
Selain itu, kebijakan untuk mengurangi tingkat Furthermore, several policies that were implemented to
mobilitas masyarakat di berbagai negara menyebabkan reduce the mobility of people in various countries also
kegiatan perdagangan global terkontraksi sebesar contributed to the contraction of global trade activities
6,3%. Dampaknya, harga-harga komoditas mengalami by 6.3%. As a result, commodity prices experienced a
penurunan yang signifikan, seperti batu bara yang significant decline, such as coal, which contracted by
terkontraksi 20,1%, minyak dunia terkontraksi 34,4%, dan 20.1%, crude oil by 34.4%, and rubber by 3.6%.
karet terkontraksi 3,6%.
Sumber: Source:
Laporan Perekonomian Indonesia 2020, diterbitkan oleh Bank Indonesia. Indonesia Economic Report 2020, published by Bank Indonesia.
Perspektif Perekonomian Nasional National Economic Perspective in 2020

Tahun 2020
Sejalan dengan kondisi perekonomian global, In line with the global economic conditions, the national
perekonomian nasional tahun 2020 terkontraksi economy in 2020 also contracted by 2.07%, a decrease
2,07%, menurun dibandingkan dengan tahun 2019 yang compared to 2019 where growth was recorded at 5.02%.
mengalami pertumbuhan sebesar 5,02%. Kondisi ini As a result, the gross domestic product (GDP) performance
kemudian berdampak pada penurunan kinerja produk also declined, in terms of expenditure and business sectors
domestik bruto (PDB), baik dari sisi pengeluaran maupun alike.
lapangan usaha.

ANALISA DAN PEMBAHASAN MANAJEMEN ··· MANAGEMENT DISCUSSION AND ANALYSIS
Berdasarkan sisi pengeluaran, penurunan terutama In terms of expenditure, the decrease mainly occurred in
terjadi pada pembentukan modal tetap bruto (PMTB) gross fixed capital formation, which contracted by 4.95%,
yang terkontraksi 4,95%, serta ekspor dan impor yang as well as in exports and imports, which contracted by 7.70%
masing-masing terkontraksi sebesar 7,70% dan 14,71%. and 14.71% respectively. Meanwhile, in terms of business
Sementara itu, dari sisi lapangan usaha penurunan terjadi sectors, the decrease occurred in the transportation and
pada sektor transportasi dan pergudangan sebesar 15,04%; warehousing sector by 15.04%; accommodation and food
penyediaan akomodasi dan makan minum sebesar 10,22%; and beverages sector by 10.22%; and corporate services
serta jasa perusahaan sebesar 5,44%. Sedangkan, sektor sector by 5.44%. Meanwhile, the mining and extraction
pertambangan dan penggalian terkontraksi sebesar 1,95%. sector contracted by 1.95%.
Tren penurunan juga terjadi pada nilai tukar Rupiah yang The declining trend was also seen in the Rupiah’s exchange
menyentuh level Rp14.525 per USD, dari Rp14.139 per USD rate, which fell to Rp14,525/USD, from Rp14,139/USD in
pada 2019. Sementara itu, akibat melemahnya permintaan 2019. Meanwhile, due to weakened domestic demand, CPI
domestik, inflasi IHK pada Desember 2020 tercatat berada inflation in December 2020 was recorded to be in the range
di kisaran 1,68%, merupakan realisasi inflasi terendah of 1.68%, the lowest inflation ever recorded in 20 years.
sejak 20 tahun terakhir.
Sumber: Source:
• Laporan Perekonomian Indonesia 2020, diterbitkan oleh Bank • 2020 Economic Report on Indonesia, published by Bank Indonesia; and
Indonesia; dan
• Berita Resmi Statistik, Pertumbuhan Ekonomi (Produk Domestik Bruto), • Official Statistic News, Economic Growth (Gross Domestic Product),
diterbitkan oleh Badan Pusat Statistik. published by the Central Bureau of Statistics.
Sekilas Industri Batu Bara Tahun 2020 Overview of the Coal Industry in 2020
Dampak pandemi Covid-19 juga memengaruhi kinerja The impact of the Covid-19 pandemic had also affected
industri batu bara Indonesia. Produksi batu bara nasional the performance of the Indonesian coal industry. National
mengalami penurunan sejalan dengan menurunnya coal production has decreased in line with falling demand,
permintaan, baik domestik maupun ekspor ke negara- both domestic and export to coal importing countries.
negara pengimpor batu bara. PLN, melalui pembangkit PLN, through its steam power plants (PLTU), which was the
listrik tenaga uap (PLTU), yang selama ini menjadi biggest consumer for the domestic market in 2020, reduced
konsumen terbesar untuk pasar domestik, di tahun its coal consumption in line with the decline in electricity
2020, mengurangi konsumsi batu baranya seiring dengan consumption. Meanwhile, India, Indonesia’s second largest
menurunnya konsumsi listrik. Sementara itu, India, tujuan coal export destination, was implementing regional
terbesar kedua ekspor batu bara Indonesia, menerapkan quarantines in various places. This policy hampered coal
karantina wilayah. Kebijakan ini membuat kegiatan ekspor export activities from Indonesia to India.
batu bara dari Indonesia ke India sempat terhambat.
Kondisi tersebut menyebabkan kinerja industri batu bara This condition has created more pressures for the coal
semakin tertekan. Sejak April, harga acuan batu bara (HBA) industry. Since April, the reference price for coal (HBA)
mengalami penurunan, bahkan di bulan September, HBA had dropped, until September, when the HBA was down to
berada di harga terendahnya, yaitu USD49,44/ton. Kendati its lowest price at USD49.44/ton. However, HBA gradually
demikian, HBA secara perlahan mengalami peningkatan increased from the period of October to December 2020. The
sejak Oktober hingga Desember 2020. Sentimen positif positive sentiments for the industry that had begun to rise
industri yang mulai bangkit di Tiongkok dan Jepang in China and Japan had a positive impact on the increase
memberikan dampak positif pada peningkatan HBA. in the HBA. The demand for coal from China increased

Permintaan batu bara dari Tiongkok meningkat karena because the domestic coal price in this country was higher
harga batu bara domestik di negara ini lebih tinggi daripada than the price of imported coal. This positive performance
harga batu bara impor. Kinerja positif tersebut kemudian then continued, whereby Indonesia and China strengthened
berlanjut, di mana Indonesia dan Tiongkok memperkuat their cooperation in the investment and trading of coal.
kerja sama investasi dan perdagangan batu bara.
Kenaikan HBA di akhir tahun 2020 tersebut belum The increase in HBA nearing the close of 2020 had not had
memberikan dampak positif bagi kinerja ekspor dan a positive impact on the export and the domestic market
domestic market obligation (DMO). Namun, produksi batu obligation (DMO) performance. However, Indonesia’s coal
bara Indonesia per Desember 2020 mencapai 557,54 production by end of December 2020 had reached 557.54
juta ton, melampaui target yang ditetapkan pemerintah million tons, exceeding the target set by the government by
sebesar 550 juta ton. 550 million tons.
Sumber: Source:
• Coal 2020: Analysis and Forecast to 2020, diterbitkan oleh International • Coal 2020: Analysis and Forecast to 2020, published by the International
Energy Agency; Energy Agency;
• Laporan Perekonomian Indonesia Tahun 2020, diterbitkan oleh Bank • 2020 Economic Report on Indonesia, published by Bank Indonesia;
Indonesia;
• Majalah Tambang – Edisi 20 November 2020-20 Desember 2020, • Mining Magazine - 20 November 2020-20 December 2020 Edition,
diterbitkan oleh PT Media Bakti Tambang; serta published by PT Media Bakti Tambang; and
• Monthly Newsletter – Edisi November 2020, diterbitkan oleh APBI-ICMA. • Monthly Newsletter - November 2020 Edition, published by APBI-ICMA.

Tinjauan Operasi per Segmen Usaha

Operational Review by Business Segment
Perseroan menjalankan usaha dalam bidang industri The Company runs a business in the mining industry, with
pertambangan dengan produk utama batu bara. Oleh coal as its main product. Therefore, in accordance with
karena itu, sesuai dengan Pernyataan Standar Akuntansi the Statement of Financial Accounting Standards (PSAK),
Keuangan (PSAK), pengelolaan bisnis Perseroan the Company’s business management is grouped into 3
dikelompokan dalam 3 segmen usaha, yaitu kontraktor business segments, namely mining contractor and coal
tambang dan tambang batu bara, jasa, serta pabrikasi. mining, services, and manufacturing.
Segmen Usaha Perseroan

The Company’s Business Segments
dikelola Perseroan bersama dengan Entitas Anak/Grup managed by the Company together with Subsidiaries/ABM
ABM Group
Kontraktor Tambang dan

Tambang Batu Bara Jasa Pabrikasi
Services Manufacturing
Mining Contractors and Coal Mining
Segmen ini terbagi dalam 2 kegiatan, Segmen ini mencakup 3 kegiatan Segmen ini dilaksanakan oleh
yaitu: operasional dan usaha, yaitu: SSB, meliputi pabrikasi dan/atau
• Kontraktor pertambangan, • Jasa logistik terintegrasi, pembuatan perlengkapan penunjang
dijalankan oleh CK; serta dijalankan oleh CKB Logistics; alat-alat berat dan alat angkut bahan.
• Pertambangan dan perdagangan • Jasa rekayasa, dijalankan oleh This segment is conducted by
hasil batu bara, dijalankan oleh SSB; serta SSB, involving manufacturing and/
PT Reswara. • Kelistrikan, dioperasikan oleh AJN. or producing supporting tools for
This segment is divided into 2 This segment covers 3 operational and heavy equipment and material lifting
activities, namely: business activities, namely: equipment.
• Mining contractors, run by CK; and • Integrated logistical services, run
• Coal mining and trading, run by by CKB Logistics;
PT Reswara. • Engineering services, run by SSB,
and
• Electricity, operated by AJN.
Selain 3 segmen usaha tersebut, Perseroan juga memiliki Apart from these 3 business segments, the Company also
kegiatan usaha lain, yaitu perdagangan bahan bakar. has other business activities, namely fuel trading. This
Segmen usaha ini dijalankan Perseroan melalui PWP. business segment is run by the Company though PWP.

Pengembangan Segmen Usaha oleh Grup ABM

Business Segment Development by ABM Group
Segmen Usaha Kontraktor Tambang dan

Segmen Usaha Jasa
Tambang Batu Bara
Mining Contractors and Coal Mining Business Segment Services Business Segment
Pertambangan dan
Kontraktor Pertambangan Perdagangan Hasil Solusi Ketenagalistrikan
Tambang Batu Bara
Mining and Trading of

Mining Contractors Electricity Solutions
Coal Mining
PT Cipta Kridatama PT Reswara Minergi

(“CK”) Hartama (“Reswara”)
PT Tunas Inti Abadi PT Andara Candria PT Nagata Dinamika

(“TIA”) Energi (“ACE”) (“ND”)
PT Agata Nugraha Nastari PT Nagata Bio Energi

(“ANN”) (“NBE”)
PT Nagata Dinamika
Hidro Buakayu Ulu
PT Media Djaya (“NDHBU”)
Bersama (“MDB”) PT Nagata Dinamika
Hidro Pongko (“NDHP”)
PT Punggawa Nagata
PT Mifa Bersaudara Dinamika Hidro
(“Mifa”) (“PNDH”)
PT Bara Energi Lestari PT Nagata Biogas
(“BEL”) Dwienergi (“NBD”)

Segmen Usaha Jasa Segmen Usaha Pabrikasi Lain-lain
Manufacturing Business
Services Business Segment Others
Segment
Pembuatan Perlengkapan
Jasa Logistik Perdagangan
Jasa Rekayasa Penunjang Alat Berat dan
Terintegrasi Bahan Bakar
Alat Angkut Bahan
Manufacturing of Supporting
Integrated Logistics Equipment for Heavy
Engineering Services Fuel Trading
Services Equipment and Material
Transportation
PT Cipta Krida Bahari PT Prima Wiguna Parama

(“CKB Logistics”) (“PWP”)
PT Alfa Trans Raya

(“ATR”)
PT Baruna Dirga Dharma

(“BDD”)
PT Dianta Daya Embara

(“DDE”)
PT Pelabuhan Buana
Reja (“PBR”)

Profitabilitas dan Kontribusi Segmen Profitability and Contribution of

Usaha Business Segments
Profitabilitas dan kontribusi segmen usaha terhadap The profitability and contribution of the business segments
kinerja keuangan konsolidasian Perseroan diungkapkan to the Company’s consolidated financial performance are
dalam tabel berikut. disclosed in the following table.
Jumlah dan Kontribusi Segmen Usaha terhadap Pendapatan dari Kontrak dengan Pelanggan Grup ABM
Amount and Contribution of Business Segments to Revenue from Contracts with ABM Group’s Customers
YoY
2020 2019
2019-2020
Segmen Usaha AS$-ribu Kontribusi AS$-ribu Kontribusi AS$-ribu
Business Segment US$ Contribution US$ Contribution US$ (%)
thousand (%) thousand (%) thousand
(1) (2) (3) (4) (5=1-3) (6=5/3)
Kontraktor Tambang dan Tambang

Batu Bara / Mining Contractors and 561.504 92,60 521.085 87,96 40.419 7,76
Coal Mining
Jasa / Services 165.361 27,27 184.881 31,21 (19.520) (10,56)
Pabrikasi / Manufacturing 22.624 3,73 30.231 5,10 (7.607) (25,16)
Lain-Lain / Others 84.393 13,92 74.190 12,52 10.203 13,75
Eliminasi / Elimination (227.475) (37,51) (217.992) (36,80) (9.483) 4,35
Total Pendapatan dari Kontrak
dengan Pelanggan Konsolidasian /
606.407 100,00 592.395 100,00 14.012 2,37
Total Consolidated Revenue from
Contracts with Customers
2020 2019
13,92% 12,52%
3,73% 5,10%
27,27%
31,21%
92,60% 87,96%
*) Terdapat eliminasi sebesar minus 37,51% *) Terdapat eliminasi sebesar minus 36,80%
There was an elimination of negative 37.51% There was an elimination of negative 36.80%
Kontraktor Tambang dan Tambang Batu Bara Pabrikasi

Mining Contractors and Coal Mining Manufacturing
Jasa Lain-Lain
Services Others

Pada tahun 2020, pendapatan dari kontrak dengan In 2020, consolidated revenue from contracts with
pelanggan konsolidasian meningkat 2,37% atau AS$14,01 customers increased by 2.37% (US$14.01 million) from
juta menjadi AS$606,41 juta dari semula sebesar AS$592,39 US$592.39 million previously to US$606.41 million. This
juta. Peningkatan ini disebabkan oleh peningkatan produksi increase was due to increased production at CK and PWP
CK dan PWP ditengah harga batu bara terkoreksi cukup amidst a significant correction in coal prices.
signifikan.
Jumlah dan Kontribusi Segmen Usaha terhadap Laba Bruto Grup ABM
Amount and Contribution of Business Segment to ABM Group Gross Profit
YoY
2020 2019
2019-2020
(1) (2) (3) (4) (5=1-3) (6=5/3)

Batu Bara / Mining Contractors and 84.310 83,05 91.812 85,14 (7.502) (8,17)
Coal Mining
Jasa / Services 34.589 34,07 37.803 35,06 (3.214) (8,50)
Pabrikasi / Manufacturing 669 0,66 4.402 4,08 (3.733) (84,80)
Lain-Lain / Others 12.825 12,63 7.008 6,50 5.817 83,01
Eliminasi / Elimination (30.878) (30,42) (33.194) (30,78) (2.316) (6,98)
Total Laba Bruto Konsolidasian /
101.515 100,00 107.831 100,00 (6.316) (5,86)
Total Consolidated Gross Profit
2020 2019
12,63% 6,50%
0,66% 4,08%
34,07% 35,06%
83,05% 85,14%

Jasa Lain-Lain
Services Others

Laba bruto yang dibukukan Perseroan tahun 2020 Gross profit recorded by the Company in 2020 reached
mencapai AS$101,52 juta, mengalami penurunan 5,86% atau US$101.52 million, a decrease of 5.86% or US$6.32 million
AS$6,32 juta dibandingkan tahun sebelumnya yang tercatat compared to the previous year which was recorded at
sebesar AS$107,83 juta. Hal ini terutama disebabkan US$107.83 million. This was due to the global spread of
oleh penyebaran pandemi Covid-19 secara global yang Covid-19 pandemic that caused global economic slowdown
mengakibatkan menurunnya perekonomian dunia sehingga and weighed heavily on coal prices.
harga batu bara terkoreksi cukup signifikan.
Jumlah dan Kontribusi Segmen Usaha terhadap Aset Grup ABM

Amount and Contribution of Business Segment to ABM Group Assets
Pertumbuhan
2020 2019
Growth
(1) (2) (3) (4) (5=1-3) (6=5/3)

Batu Bara / Mining Contractors and 624.259 75,46 632.984 74,10 (8.725) (1,38)
Coal Mining
Jasa / Services 190.396 23,02 164.300 19,23 26.096 15,88
Pabrikasi / Manufacturing 31.333 3,79 28.524 3,34 2.809 9,85
Lain-Lain / Others 730.282 88,28 692.992 81,12 37.290 5,38
Eliminasi / Elimination (749.032) (90,55) (664.571) (77,80) 84.461 12,71
Jumlah Aset Konsolidasian / Total
827.238 100,00 854.229 100,00 (26.991) (3,16)
Consolidated Assets
2020 2019
75,46% 74,10%
88,28% 81,12%
3,79% 3,34%
23,02% 19,23%

Jasa Lain-Lain
Services Others

Aset Perseroan tahun 2020 menurun 3,16% atau AS$26,99 The Company’s total assets in 2020 decreased by 3.16%
juta menjadi AS$827,24 juta dibandingkan tahun 2019 (US$26.99 million) to US$827.24 million, compared to 2019’s
sebesar AS$854,23 juta. figure of US$854.23 million.
Kinerja operasi dan profitabilitas masing-masing segmen The operating performance and profitability of each
usaha diuraikan sebagai berikut. business segment are described as follows.
Kontraktor Tambang dan Tambang Mining Contractors and Coal Mining

Batu Bara
Segmen usaha kontraktor tambang dan tambang batu The mining contractors and coal mining business segment
bara merupakan bisnis utama Perseroan. Segmen yang is the Company’s main business. Divided into 2 operational
terbagi dalam 2 kegiatan operasional ini masing-masing activities, this segment is carried out by CK for mining
dijalankan oleh CK untuk kegiatan pertambangan serta contractors activities, while Reswara and its Subsidiaries
Reswara dan Entitas Anak yang bernaung di bawahnya carry out mining operations and trading of coal mining
menjalankan kegiatan operasional pertambangan dan products.
perdagangan hasil tambang batu bara.
Pengembangan Segmen Usaha Kontraktor Tambang dan Tambang Batu Bara Grup ABM
Growth of ABM Group’s Mining and Coal Mining Business Segment
PT Cipta Kridatama PT Reswara Minergi Hartama

(“CK”) ("Reswara")
Kontraktor Pertambangan Pertambangan serta perdagangan hasil tambang batu bara
Mining Contractors Mining and coal trading
PT Tunas Inti Abadi PT Media Djaya Bersama PT Agata Nugraha Nastari

("TIA") ("MDB") ("ANN")
Pertambangan batu bara Perdagangan, pengembangan, Perdagangan, industri,
di Kalimantan Selatan dan industri dan jasa
Coal mining Trading, development, and Trading, industry,
in South Kalimantan industry and service
PT Mifa Bersaudara PT Bara Energi Lestari

("Mifa") ("BEL")
Pertambangan Pertambangan
batu bara di Aceh batu bara di Aceh
Coal mining in Aceh Coal mining in Aceh
Kontraktor Pertambangan Mining Contractors

Perseroan menjalankan kegiatan usaha kontraktor The Company carries out mining contractors business
tambang melalui Entitas Anak, yaitu CK yang telah activities through CK, its Subsidiary, which has excelled
unggul sebagai perusahaan penyedia jasa kontraktor as a mining contractor services provider in Indonesia. CK
pertambangan di Indonesia. CK melakukan kegiatan carries out mining service activities from upstream to
jasa pertambangan dari hulu sampai ke hilir, dimulai downstream, starting from overburden removal, rental of

dari pemindahan tanah penutup, penyewaan alat berat, heavy equipment, exploration, coal hauling, blasting, etc. In
eksplorasi, pengangkutan batu bara, peledakan, dan carrying out its business activities, CK also has hundreds of
sebagainya. CK juga telah memiliki ratusan unit alat berat units of heavy equipment and other supporting equipment,
dan alat penunjang lain dalam menjalankan kegiatan such as excavators, trucks, dozers, graders, wheel loaders
usahanya, seperti excavator, truck, dozer, grader, wheel and compactors, as well as state-of-the-art systems and
loader, dan compactor, serta sistem dan teknologi dengan technologies.
standar terbaru.
Selain itu, CK telah mempunyai beberapa sertifikasi In addition, CK has several certifications as a mining service
sebagai perusahaan jasa pertambangan yang memiliki company of the highest quality, namely:
kualitas terbaik, yaitu:
1. ISO 14001: 2015 tentang Sistem Manajemen 1. ISO 14001:2015 Environmental Management System;
Lingkungan;
2. ISO 45001:2018 tentang Sertifikasi Manajemen untuk 2. ISO 45001:2018 Certification for Occupational Health
Kesehatan dan Keselamatan Kerja; dan and Safety Management; and
3. ISO 9001: 2015 tentang Sistem Manajemen Mutu. 3. ISO 9001:2015 Quality Management System.
Pada akhir tahun 2020, melalui kegiatan penambangan di At the end of 2020, through its mining activities in 8 regions
8 wilayah yang tersebar di 5 provinsi, volume pemindahan spread across 5 provinces, the volume of overburden
lapisan penutup dan volume penyewaan alat untuk removal and the volume of equipment rental for CK’s coal
pengambilan batu bara CK tahun 2020 mencapai 140,15 extraction in 2020 reached 140.15 million bcm and 27.61 tons,
juta bcm dan 27,61 ton. Jumlah tersebut menunjukkan respectively. These figures showed increases compared to
adanya peningkatan dibandingkan tahun 2019 yang masing- their 2019 counterparts, which were 95.54 million bcm and
masing tercatat sebesar 95,54 juta bcm dan 18,55 juta ton. 18.55 million tons, respectively.
YoY
Uraian
2020 2019 2018 2019-2020
Description
(%)
Volume Pemindahan Lapisan Penutup (juta bcm) / Volume of

140,15 95,54 140,39 46,69
Overburden Removal (million Bcm)
Volume Penyewaan Alat untuk Pengambilan Batu Bara (juta ton) /
27,61 18,55 20,00 48,84
Volume of Equipment Rental and Coal Extraction (million tons)
Pelanggan-pelanggan CK selama tahun 2020 diungkapkan CK’s customers throughout 2020 are disclosed in the
dalam tabel berikut. following table.
Pelanggan Kategori Lokasi Operasional

Customer Category Operational Location
PT Mifa Bersaudara Pemindahan lapisan penutup dan pengangkutan Kabupaten Aceh Barat, Aceh / West Aceh Regency,
batu bara / Overburden removal and coal hauling Aceh
PT Tunas Inti Abadi Pemindahan lapisan penutup dan pemeliharaan Kabupaten Tanah Bumbu, Kalimantan Selatan /
jalan hauling batu bara / Overburden removal and Tanah Bumbu Regency, South Kalimantan
maintenance of coal-hauling roads
PT Multi Harapan Utama Pemindahan lapisan penutup dan pengangkutan Kabupaten Kutai Kertanegara, Kalimantan Timur /
batu bara / Overburden removal and coal hauling Kutai Kertanegara Regency, East Kalimantan
PT Binuang Mitra Bersama Pemindahan lapisan penutup dan penyewaan alat Kabupaten Tapin, Kalimantan Selatan / Tapin
untuk pengambilan batu bara / Regency, South Kalimantan
Overburden removal and equipment rental volume
for coal getting

Pelanggan Kategori Lokasi Operasional

Customer Category Operational Location
PT Dizamatra Powerindo Pemindahan lapisan penutup , penyewaan alat Kabupaten Lahat, Sumatera Selatan / Lahat
untuk pengambilan batu bara, dan pengangkutan Regency, South Sumatra
batu bara / Overburden removal, equipment rental
volume for coal getting, and coal hauling
PT Antang Gunung Meratus Pemindahan lapisan penutup / Overburden Kabupaten Hulu Sungai Selatan, Kalimantan Selatan /
removal Hulu Sungai Selatan Regency, South Kalimantan
PT Bukit Baiduri Energi Pemindahan lapisan penutup / Overburden Kabupaten Kutai Kertanegara, Kalimantan Timur /
removal Kutai Kertanegara Regency, East Kalimantan
PT Muara Alam Sejahtera Pemindahan lapisan penutup / Overburden Kabupaten Lahat, Sumatera Selatan / Lahat
removal Regency, South Sumatra
PT Kuansing Inti Makmur Pemindahan lapisan penutup dan pengangkutan Kabupaten Muaro Bungo, Jambi / Muaro Bungo
batu bara / Overburden removal and coal hauling Regency, Jambi
Pertambangan serta Perdagangan Hasil Mining and Trading of Coal Mining Products
Tambang Batu Bara
Grup ABM, melalui PT Reswara Minergi Hartama ABM Group, through PT Reswara Minergi Hartama
(“Reswara”), menghasilkan batu bara termal dengan kalori (“Reswara”), produces low-calorie thermal coal. The coal
rendah. Hasil tambang batu bara tersebut diperoleh mining products are obtained by Reswara through 2
Reswara melalui 2 Entitas Anak, yaitu PT Tunas Inti Abadi Subsidiaries, namely, PT Tunas Inti Abadi ("TIA") and PT
(“TIA”) dan PT Media Djaya Bersama (“MDB”). TIA memiliki Media Djaya Bersama ("MDB"). TIA owns a mining concession
konsesi tambang yang berlokasi di Kalimantan Selatan. located in South Kalimantan. Meanwhile, MDB, through its
Sementara itu, MDB, melalui Entitas Anak, yaitu PT Mifa Subsidiaries, namely PT Mifa Bersaudara (“MIFA”) and PT
Bersaudara (“MIFA”) dan PT Bara Energi Lestari (“BEL”) Bara Energi Lestari (“BEL”), possesses mining concessions
memiliki konsesi tambang di Aceh. in Aceh.
Lokasi Konsesi Pertambangan

Locations of Mining Concessions
Mifa TIA
BEL

TIA memiliki area konsesi penambangan seluas 3.085 TIA has a mining concession area of 3,085 hectares in the
hektare di Sungai Loban dan Kusan Hulu, Kabupaten Loban and Kusan Hulu Rivers, Tanah Bumbu Regency, South
Tanah Bumbu, Kalimantan Selatan. Per 31 Desember 2020, Kalimantan. As of 31 December 2020, TIA had 8.44 million
TIA memiliki 8,44 juta ton cadangan batu bara. tons of coal reserves.
Batu bara yang dipasarkan oleh TIA saat ini dikenal dengan The coal marketed by TIA is currently known as “TIA
nama “TIA Compliant Coal” yang kualitasnya berada pada Compliant Coal”, its quality being around 4,200 kcal/kg
kisaran 4.200 kkal/kg (adb). Batu bara jenis ini dibutuhkan (adb). This type of coal is needed by power generation
perusahaan pembangkit listrik di pasar domestik maupun companies in the domestic and foreign markets, such as
luar negeri, seperti Tiongkok, Thailand, Vietnam, dan China, Thailand, Vietnam, and the Philippines, and is also
Filipina, yang juga digunakan sebagai batu bara campuran. used as blended coal.
Adapun beberapa mekanisme produksi yang dilakukan Several production mechanisms implemented by TIA to
TIA untuk menghasilkan batu bara dengan kualitas terbaik produce coal of the highest quality to meet domestic and
dalam rangka memenuhi kebutuhan pelanggan, baik overseas customer expectations are described as follows.
domestik maupun luar negeri, diuraikan sebagai berikut.
1. Melakukan penambangan dengan metode 1. Conducting mining using the open cut mining method;
penambangan terbuka (open cut mining);
2. Menambang dan mengangkut batu bara melalui jalan 2. Mining and hauling of coal via a 27-kilometer hauling
angkut sepanjang 27 kilometer ke pelabuhan untuk road to the port to be transferred to the mother vessel
dipindahkan ke mother vessel di Pelabuhan Bunati; at Bunati Port; and
serta
3. Mengoperasikan sejumlah fasilitas, seperti crusing 3. Operating a number of facilities, such as a crusing plant
plant berkapasitas 1.500 ton per jam, stockpile untuk with a capacity of 1,500 tons per hour, a stockpile for
120.000 ton, pelabuhan sendiri, dan laboratorium 120,000 tons, its own port, and a coal testing laboratory.
pengujian batu bara.
Sementara itu, MDB melakukan kegiatan bisnis Perseroan Meanwhile, MDB carries out its business activities through
melalui 2 Entitas Anak, yaitu Mifa dan BEL yang telah 2 Subsidiaries, namely Mifa and BEL, which have been
beroperasi sejak 2012. Kedua perusahaan ini beroperasi operating since 2012. The two companies operate in Aceh
di Provinsi Aceh dengan area konsesi seluas 3.134 hektare Province with a concession area of 3,134 hectares in West
di Kabupaten Aceh Barat dan 1.495 hektare di Kabupaten Aceh District and 1,495 hectares in Nagan Raya District.
Nagan Raya. Secara keseluruhan, total cadangan batu Overall, as of 31 December 2020, the total coal reserves
bara yang dimiliki Mifa dan BEL per 31 Desember 2020 owned by Mifa and BEL reached 235.90 million tons.
mencapai 235,90 juta ton.
Berbagai fasilitas dibangun untuk menunjang aktivitas Various facilities have been built to support ABM Group’s
operasional Grup ABM. Salah satunya adalah pembangunan operational activities. One of them is the construction of
infrastruktur tambang di Mifa yang selesai pada tahun mining infrastructure in Mifa that was completed in 2014.
2014. Melalui fasilitas tersebut, per Mei 2015, Mifa dan BEL As of May 2015, through this facility, Mifa and BEL began
memulai produksi batu bara dalam skala komersial untuk producing coal on a commercial scale to meet the coal
memenuhi kebutuhan batu bara di pasar domestik dan needs in the domestic and foreign markets, such as India,
luar negeri, seperti India, Tiongkok, dan beberapa negara China, and several countries in Southeast Asia.
di Asia Tenggara.

Volume Produksi 2018-2020 (juta ton)

Production Volume 2018-2020 (million tons)
Uraian YoY 2019-2020

2020 2019 2018
Description (%)
TIA 3,35 4,03 4,63 (16,87)
MDB 9,21 7,75 5,15 18,84

Total 12,56 11,78 9,78 6,62
Volume Penjualan Batu Bara 2018-2020 (juta Ton)

Coal Sales Volume 2018-2020 (million Tons)

2020 2019 2018
Description (%)
TIA 3,36 4,01 4,66 (16,21)
MDB 8,26 7,75 5,28 6,58
Total 11,63 11,76 9,94 (1,19)
Rasio Kupas Rata-Rata 2018-2020 (Satuan)

Average Stripping Ratio 2018-2020 (Unit)

2020 2019 2018
Description (%)
TIA 6,31 7,08 6,98 (10,88)
Mifa 2,63 2,20 2,24 (19,55)
Komposisi Negara Tujuan dan Volume Pengiriman Batu Bara TIA 2018-2020 (%)
Destination Country and Coal Delivery Volume by TIA 2018-2020 (%)

2020 2019 2018
Description (%)
Tiongkok / China 55,33 61,24 60,29 (9,65)
India / India - 12,43 19,72 (100,00)
Domestik / Domestic 38,94 26,33 19,80 47,89
Lain-Lain / Others 5,98 - 0,19 100,00
Profitabilitas Segmen Usaha Kontraktor Profitability of the Mining Contractors and

Tambang dan Tambang Batu bara Coal Mining Business Segment
Pendapatan dari kontrak dengan pelanggan Perseroan The Company’s revenue from contracts with customers
dari segmen usaha kontraktor tambang dan tambang from the mining contractors and coal mining business
batu bara pada 2020 mencapai AS$561,50 juta, meningkat segment in 2020 reached US$561.50 million, an increase
7,76% atau AS$40,42 juta dibandingkan tahun 2019 yang of 7.76% or US$40.42 million compared to 2019, which was
tercatat sebesar AS$521,08 juta. recorded at US$521.08 million.

Profitabilitas Segmen Kontraktor Tambang dan Tambang Batu Bara dan Kontribusinya terhadap Kinerja Grup ABM
Mining Contractors and Coal Mining Segment Profitability and Contribution Toward ABM Group Performance
Pertumbuhan
2020 2019
Growth
Uraian AS$-ribu Kontribusi AS$-ribu Kontribusi AS$-ribu
Description US$ Contribution US$ Contribution US$ (%)
(1) (2) (3) (4) (5=1-3) (6=5/3)
Pendapatan dari Kontrak dengan

Pelanggan - Pelanggan Eksternal /
465.837 76,82 425.862 71,89 39.975 9,39
Revenue from Contracts with External
Customers
Pelanggan - Antar Segmen / Revenue
95.667 15,78 95.223 16,07 444 0,47
from Contracts with Inter-Segment
Customers
dengan Pelanggan Segmen / Total
561.504 92,60 521.085 87,96 40.419 7,76
Revenue from Contracts with Segment
Customers
Laba Bruto Segmen / Segment Gross
84.310 83,05 91.812 85,14 (7.502) (8,17)
Profit
Aset Segmen / Segment Assets 624.259 75,46 632.984 74,10 (8.725) (1,38)
Kontribusi Segmen Kontraktor Tambang dan Tambang Batu Bara terhadap Profitabilitas Grup ABM 2016-2020
Mining Contractors and Coal Mining Segment Contribution Toward ABM Group Profitability 2016-2020
Terhadap Pendapatan dari

Kontrak dengan Pelanggan 2016 75,72
To Revenue from Contracts with
Customers
2017 79,75
(dalam %/ in %)
2018 85,89
2019 87,96
2020 92,60

Terhadap Laba Bruto

To Gross Profit
2016 83,21
(dalam %/ in %)
2017 88,55
2018 90,17
2019 85,14
2020 83,05
Terhadap Aset
To Assets 2016 58,91
(dalam %/ in %)
2017 61,02
2018 79,86
2019 74,10
2020 75,46
Peningkatan pendapatan dari kontrak dengan pelanggan The increase in revenue from contracts with customers
dari segmen kontraktor tambang dan batu bara didorong from the mining contractors and coal mining segment was
terutama didorong oleh meningkatnya produksi CK. driven primarily by increased production at CK. However,
Namun, menurunnya harga jual batu bara yang signifikan the significant decline in the selling price of coal also
juga turut serta menyumbang penurunan pendapatan contributed to the decline in revenue at Reswara. The
pada Reswara. Komposisi total pendapatan dari kontrak composition of the total revenue from contracts with
dengan pelanggan segmen ini, yaitu pendapatan dari customers in this segment consisted of revenue from
kontrak dengan pelanggan - pelanggan eksternal sebesar contracts with external customers amounting to US$465.84
AS$465,84 juta dan pendapatan dari kontrak dengan million and revenue from contracts with inter-segment
pelanggan - antar segmen sebesar AS$95,67 juta. customers amounting to US$95.67 million. The contribution
Gambaran kontribusi pendapatan dari kontrak dengan of revenue from contracts with external customers and
pelanggan - pelanggan eksternal dan pendapatan dari revenue from contracts with inter-segment customers to
kontrak dengan pelanggan - antar segmen terhadap jumlah total revenue from contracts with customers in the mining
pendapatan dari kontrak dengan pelanggan segmen contractors and coal mining segment in the last 2 years can
kontraktor tambang dan tambang batu bara dalam 2 tahun be seen in the following diagram.
terakhir dapat dilihat pada diagram berikut.

Kontribusi dari Pendapatan dari Kontrak dengan Pelanggan - Pelanggan Eksternal dan Pendapatan dari Kontrak
dengan Pelanggan - Antar Segmen terhadap Jumlah Pendapatan dari Kontrak dengan Pelanggan Segmen Kontraktor
Tambang dan Tambang Batu Bara
Contribution of Revenue from Contracts with External Customers and Inter-Segment Customers to Total Revenue from
Contracts with Mining Contractors and Coal Mining Segment Customers
2020 2019
17,04% 18,27%
82,96% 81,73%
Pendapatan Kontrak dengan Pelanggan - Pelanggan Eksternal Pendapatan Kontrak dengan Pelanggan antar Segmen
Revenue from Contracts with External Customers Revenue from Contracts with Inter-Segment Customers
Laba bruto segmen kontraktor tambang dan tambang batu Gross profit for the mining contractors and coal mining
bara mengalami penurunan sebesar 8,17% atau AS$7,50. segment decreased by 8.17% or US$7.50 million.
Sementara itu, berdasarkan komposisi, segmen ini Meanwhile, based on its composition, the contribution of
memberikan kontribusi terhadap Grup ABM, yaitu: this segment to ABM Group is as follows:
1. 92,60% terhadap pendapatan dari kontrak dengan 1. 92.60% to the revenue from contracts with customers;
pelanggan;
2. 83,05% terhadap laba bruto; dan 2. 83.05% to gross profit; and
3. 75,46% terhadap aset. 3. 75.46% to assets.
Jasa Services
Segmen usaha jasa merupakan hasil pengembangan The service business segment is the result of business
bisnis yang dilakukan Grup ABM. Segmen ini terbagi dalam development carried out by ABM Group. This segment
3 kegiatan operasi yang dioperasikan melalui Entitas is divided into 3 operating activities that are conducted
Anak, yakni: through its Subsidiaries, namely:
1. Jasa logistik terintegrasi, dikembangkan oleh Entitas 1. Integrated logistics services, developed by a Subsidiary
Anak yang dimiliki CKB Logistics; owned by CKB Logistics;
2. Jasa rekayasa, dijalankan melalui Entitas Anak yang 2. Engineering services, carried out through a Subsidiary
dimiliki SSB; dan owned by SSB; and
3. Solusi ketenagalistrikan, dijalankan oleh AJN yang 3. Electricity solutions, run by AJN, which is engaged in
mengembangkan industri pembangkit listrik melalui the power generation industry through an independent
independent power producer (IPP). power producer (IPP).

Pengembangan Segmen Usaha Jasa Grup ABM

ABM Group’s Business Segments Development
Solusi Ketenagalistrikan Jasa Logistrik Terintegrasi Jasa Rekayasa
Electricity Solutions Integrated Logistics Services Engineering Services
PT Cipta Krida Bahari PT Sanggar Sarana Baja

(“CKB Logistics”) (“SSB”)
Industri Pembangkit Listrik Energi Thermal

Jasa Logistik Jasa Rekayasa
Mining Contractors Thermal Energy Power Plant
Logistics Services Engineering Services
Industry Power Producer (IPP)
PT Andara Candria PT Nagata Dinamika PT Alfa Trans Raya

Energi (“ACE”) (“ND”) (“ATR”)
Industri Pembangkit Listrik Industri Pembangkit Listrik Transportasi Laut

Energi Terbarukan Energi Terbarukan Sea Transportation
Renewable Energy Renewable Energy
Independent Power Producer Independent Power Producer PT Baruna Dirga Dharma
(“BDD”)
Transportasi Laut Domestik

Domestic Sea Transportation
PT Dianta Daya Embara

(“DDE”)
Bongkar Muat Barang dan

Pelayanan Kepelabuhan Laut
Stevedoring and Sea Port Services
PT Pelabuhan Buana Reja

(“PBR”)
Pelayanan Jasa Kapal

Ship Operational Services
PT Nagata Bio Energi PT Nagata Dinamika Hidro PT Nagata Dinamika PT Punggawa Nagata PT Nagata Biogas
(“NBE”) Buakayu Ulu (“NDHBU”) Hidro Pongko (“NDHP”) Dinamika Hidro (“PNDH”) Dwienergi (“NBD”)
Industri Pembangkit Industri Pembangkit Industri Pembangkit Industri Pembangkit Industri Pembangkit
Listrik Energi Terbarukan Listrik Energi Terbarukan Listrik Energi Terbarukan Listrik Energi Terbarukan Listrik Energi Terbarukan
Renewable Energy Renewable Energy Renewable Energy Renewable Energy Renewable Energy
Independent Power Independent Power Independent Power Independent Power Independent Power
Producer Producer Producer Producer Producer
Jasa Logistik Terintegrasi Integrated Logistics Services

Grup ABM mengembangkan jasa logistik terintegrasi ABM Group has developed integrated logistics services
melalui CKB Logistics yang didirikan sejak tahun 1997. through CKB Logistics that was established in 1997. This
Entitas Anak ini menjalankan jasa logistik terpadu (total subsidiary operates integrated logistics services (total
solution logistics) dengan konsentrasi pelanggan pada solution logistics) with a concentration of customers in the
sektor energi. Portofolio kegiatan usaha CKB Logistics energy sector. CKB Logistics’ business activity portfolio
terdiri dari 9 bidang, yakni: consists of 9 areas, namely:
1. Freight Management, jasa pengiriman barang untuk 1. Freight Management, freight forwarding services for
tujuan internasional dan domestik yang meliputi jasa international and domestic purposes that include
kepabeanan dan pengiriman reguler melalui transportasi customs services and regular delivery by land, sea, air,
darat, laut, udara, dan transportasi multimoda; and multimodal transportation;

2. Project Logistics, layanan manajemen transportasi 2. Project Logistics, a special transportation management
khusus untuk pengiriman barang dengan kelebihan service for shipments of overweight and oversized
berat dan ukuran (over weight over sized) seperti goods such as heavy equipment, machinery, factory
pengiriman alat berat, mesin, peralatan pabrik, equipment and power plants, especially those requiring
dan pembangkit tenaga listrik, khususnya yang special handling and distribution to hard-to-reach
membutuhkan penanganan khusus dan distribusi ke areas;
wilayah yang sulit dijangkau;
3. Warehouse Management, layanan manajemen 3. Warehouse Management, warehouse management
gudang yang kegiatannya mencakup penyimpanan, services in which activities include storage, inventory
manajemen inventaris, dan solusi distribusi; management, and distribution solutions;
4. Bonded Logistics Center, layanan penyimpanan dan 4. Bonded Logistics Center, a multifunctional warehouse
pengelolaan gudang multifungsi untuk menimbun storage and management service for hoarding goods
barang yang berasal dari luar daerah pabean dan/atau originating from outside the customs area and/or goods
barang yang berasal dari tempat lain dalam daerah originating from other places within the customs area
pabean yang dapat disertai 1 atau lebih kegiatan that can be accompanied by 1 or more simple activities
sederhana dalam jangka waktu tertentu untuk within a given time period to be reissued;
dikeluarkan kembali;
5. Supply Base/Remote Site Services, layanan pengelolaan 5. Supply Base/Remote Site Services, integrated logistics
logistik dan material terpadu untuk mendukung industri and material management services to support
sumber daya dan energi, seperti kegiatan pengeboran, the resource and energy industry, such as drilling,
eksplorasi, dan produksi yang berlokasi khusus di exploration and production activities specifically
wilayah yang sulit dijangkau dan operasi lepas pantai; located in hard-to-reach areas and offshore operations;
6. Industrial Shipping, layanan menyeluruh, termasuk 6. Industrial Shipping, a set of comprehensive services
kepemilikan dan pengelolaan kapal, penyewaan kapal including vessel ownership and management, vessel
berdasarkan waktu atau pelayaran, perawatan kapal, charters based on time or voyage, vessel maintenance,
dan layanan perbaikan kapal. Jasa ini dijalankan and vessel repair services. These services are carried
melalui Entitas Anak, yaitu ATR; out through its Subsidiary, ATR;
7. Dry Bulk Logistics, layanan yang terdiri dari pengangkutan 7. Dry Bulk Logistics, services consisting of dry bulk cargo
kargo curah kering, kargo umum, pemindahan muatan, transportation, general cargo, cargo transfer, inter-
pengiriman antar pulau, layanan keagenan, layanan island shipping, agency services, loading and unloading
bongkar muat, derek kapal, dan logistik. Semua jasa ini services, vessel cranes, and logistics. All of these
dijalankan melalui Entitas Anak, yaitu BDD; services are carried out through its Subsidiary, BDD;
8. Stevedoring dan Sea Port Services, merupakan penyedia 8. Stevedoring and Sea Port Services signify the provision
jasa dan solusi bongkar muat (stevedoring) untuk of stevedoring services for the coal cargo transshipment
proses transhipment kargo batu bara yang sebelumnya process, which previously was operated by the domestic
beroperasi sebagai perusahaan penyedia jasa express delivery service provider, with the brand name
pengiriman express domestik dengan branding Dianta. of Dianta. This change was considered to be in line
Perubahan ini dinilai selaras dengan strategi grup MVC – with the group’s Mining Value Chain (MVC) strategy and
Mining Value Chain serta untuk memaksimalkan sinergi to maximize synergies between Subsidiaries in ABM
antar Entitas Anak di Grup ABM); dan Group); and
9. Port Management, layanan manajemen teknis dan 9. Port Management, technical and operational
operasional untuk penanganan, penyimpanan, bongkar management services for handling, storage, loading
muat operasi di atas kapal dan di dermaga. Kegiatan and unloading operations on board and at the dock.
usaha tersebut dijalankan melalui Entitas Anak, yaitu These business activities are carried out through its
PBR. Subsidiary, PBR.
CKB Logistics mempunyai lisensi sebagai pengelola CKB Logistics has owned a license to manage a bonded
pusat logistik berikat (PLB) dari pemerintah Indonesia logistics center (PLB) from the Indonesian government
sejak Maret 2016. Lisensi tersebut didapatkan atas kinerja since March 2016. The license is obtained due to the
perusahaan yang baik serta didukung oleh teknologi company’s excellent performance and is supported by the
terbaru di bidang inventori pergudangan. Selain itu, CKB latest technology in the field of warehousing inventory. In

Logistics juga mempunyai sertifikasi authorized economic addition, CKB Logistics also has an authorized economic
operator (AEO) yang diberikan oleh World Customs operator (AEO) certification issued by the World Customs
Organization yang hanya dimiliki oleh 3 perusahaan logistik Organization. This certificate is owned by only 3 logistics
di Indonesia. companies in Indonesia.
CKB Logistics, melalui ATR, yang menjalankan kegiatan CKB Logistics, through ATR, conducts business activities
bisnis dalam industrial shipping dan menyewakan sewa in industrial shipping and back-to-back vessel rental
kapal back to back dan jasa agency. Sementara itu, melalui and agency services. Other than this, through BDD that
BDD yang didirikan sejak Mei 2011, CKB Logistics juga was established in May 2011, CKB Logistics also runs coal
menjalankan layanan solusi pengiriman batu bara dari shipping solution services from ports to vessels.
pelabuhan ke vessel.
Armada Pendukung CKB Logistics

CKB Logistics Support Fleet
Jenis Armada Jumlah/Kapasitas

Fleet Type Number/Capacity
Armada Truk • 126 truk kapasitas 0,5T-12T • 126 trucks, capacity 0.5T-12T
Truck Fleet • 20’ *40’ Flat Bed Trailers • 20’ *40’ Flat Bed Trailers
• Low Loader kapasitas 20T-80T • Low Loader, capacity 20T-80T
Peralatan Berat • Forklift kapasitas 1,6T; 1,7T; 1,8T; 2T; 2,5T; 3T; 5T; • Forklift capacity 1.6T; 1.7T; 1.8T; 2T; 2.5T; 3T; 5T; 10T;
Heavy Equipment 10T; 11,5T; 12T, dan 16T 12T; and 16T
• Heavy Duty Loader: Multi Axle (10 axles) • Heavy Duty Loader: Multi Axle (10 axles)
• Hydraulic Roller & Jacking Tools • Hydraulic Roller & Jacking Tools
Kapal • Kapal Kargo 78 dan 102 TEUS • Cargo Vessels Capacity 78 and 102 TEUS
Vessels • LCT dengan kapasitas antara 1.000 DWT-4.500DWT • LCT, capacity between 1,000 DWT-4,500 DWT
• Kapal Tunda dan Tongkang ukuran 300ft • Tug and Barge measuring 300ft
Indikator kinerja CKB Logistics diungkapkan dalam tabel Indicators of CKB Logistics’ performance are disclosed in
berikut. the following table.
Indikator Kinerja CKB Logistics

CKB Logistics Performance Indicators
Indikator YoY
2020 2019 2018
Indicators 2019-2020
Total Delivery Advice (satuan) / Total Delivery Advice (unit) 307.340 465.140 474.727 (33,93)
Total Koli (satuan) / Total Koli (unit) 580.019 974.099 1.071.057 (40,46)
Total Berat (kg) / Total Weight (kg) 20.266.773 46.185.184 56.454.155 (56,12)
Total Manifest (satuan) / Total Manifest (unit) 170.605 185.517 177.801 (8,04)
Jasa Rekayasa Engineering Services

Grup ABM menjalankan kegiatan usaha jasa rekayasa ABM Group carries out its engineering services business
melalui SSB yang didirikan pada tahun 1977. SSB menjadi activities through SSB, established in 1977. SSB is one of
salah satu perusahaan penyedia jasa rekayasa yang unggul the leading engineering service providers in Indonesia
di Indonesia dan mengembangkan jasa tersebut melalui and develops their services through business services,
business services, meliputi tahapan atau perbaikan teknis including technical stages or technical repairs at project
di lokasi proyek atau bengkel (workshop). Jenis kegiatan sites or workshops. The type of business activity carried out
usaha yang dijalankan, terdiri dari pengelasan dan consist of welding and machining, repair, modification, as
permesinan, perbaikan, modifikasi, serta perancangan well as special design and fabrication.
dan pabrikasi khusus.

Solusi Ketenagalistrikan Electricity Solutions

Solusi ketenagalistrikan merupakan kegiatan operasi jasa Electricity solutions are the operations of power plant
pengadaan pembangkit listrik yang dijalankan melalui AJN, procurement services that are conducted through AJN,
Entitas Anak Perseroan yang didirikan pada tahun 2014 a subsidiary of the Company founded in 2014 under the
dengan nama PT Pradipa Aceh Daya. Dalam menjalankan name of PT Pradipa Aceh Daya. In carrying out operational
kegiatan operasi, AJN mendirikan Entitas Anak untuk activities, AJN established a Subsidiary to support the
mendukung pengembangan segmen usaha jasa. Melalui development of the service business segment. Through
Entitas Anak tersebut, AJN telah menyelesaikan dan these Subsidiaries, AJN had completed and operated a
mengoperasikan satu Pembangkit Tenaga Listrik tenaga Biogas Power Plant (PLTBg) in South Kalimantan by 2020
Biogas (PLTBg) di Kalimantan Selatan pada tahun 2020 which can help electrify the surrounding area and increase
yang dapat membantu elektrifikasi wilayah sekitar dan the national energy mix of Renewable Energy.
menambah bauran energi listrik dari Energi Terbarukan
secara nasional.
Hingga akhir 2020, AJN memiliki 2 Entitas Anak, yaitu Until the end of 2020, AJN had 2 Subsidiaries, namely ACE
ACE dan ND. Dalam rangka membangun hubungan bisnis and ND. To build a broader business relationship, ND at the
yang lebih luas, ND juga memiliki 5 Entitas Anak, di mana moment also has 5 Subsidiaries, one of which is already
salah satunya sudah beroperasi dan yang lain masih operating while the others are still in the development
dalam tahap pengembangan. Saat ini, kegiatan operasi stage. Currently, the operational activity of electricity
solusi ketenagalistrikan yang dijalankan AJN difokuskan provision is carried out by AJN and is focused on the
pada pengusahaan pengadaan pembangkit listrik melalui procurement of electricity generators through independent
independent power producer (IPP). power producers (IPP).
Profitabilitas Segmen Usaha Jasa Services Business Segment Profitability

Profitabilitas segmen usaha jasa serta kontribusinya The profitability of the service business segment and its
terhadap kinerja Grup ABM diungkapkan dalam tabel berikut. contribution to ABM Group’s performance are disclosed in
the following table.
Profitabilitas Segmen Jasa dan Kontribusinya terhadap Kinerja Grup ABM

Services Segment Profitability and Contribution Toward ABM Group Performance
YoY
2020 2019
2019-2020
(1) (2) (3) (4) (5=1-3) (6=5/3)

118.899 19,61 137.326 23,18 (18.427) (13,42)
Customers
46.462 7,66 47.555 8,03 (1.093) (2,30)
Customers
Total Pendapatan dari Kontrak dengan
Pelanggan Segmen / To Net Revenue 165.361 27,27 184.881 31,21 (19.520) (10,56)
from Contracts with Customers
34.589 34,07 37.803 35,06 (3.214) (8,50)
Profit
Aset Segmen / Segment Assets 190.396 23,02 164.300 19,23 26.096 15,88

Kontribusi Segmen Jasa terhadap Profitabilitas Grup ABM 2016-2020

Services Segment Contribution Toward ABM Group Profitability 2016-2020

Customers
2017 31,91
(dalam % / in %)
2018 27,32
2019 31,21
2020 27,27
Terhadap Laba Bruto

To Gross Profit 2016 36,70
(dalam % / in %)
2017 26,24
2018 23,07
2019 35,06
2020 34,07
Terhadap Aset
To Assets 2016 34,46
(dalam % / in %)
2017 35,75
2018 12,91
2019 19,23
2020 23,02

Pendapatan dari kontrak dengan pelanggan segmen jasa Revenue from contracts with service segment customers
tahun 2020 mengalami penurunan 10,56% atau AS$19,52 in 2020 decreased by 10.56% (US$19.52 million) from
juta, dari semula AS$184,88 juta menjadi AS$165,36 juta. US$184.88 million to US$165.36 million. Meanwhile, revenue
Sementara itu, pendapatan kontrak dengan pelanggan from contracts with external customers and revenue
- pelanggan eksternal dan pendapatan kontrak dengan from contracts with inter-segment customers reached
pelanggan - antar segmen masing-masing mencapai US$118.90 million and US$46.46 million, respectively,
AS$118,90 juta dan AS$46,46 juta dari sebelumnya tercatat declining from the previous year’s figures of US$137.33
sebesar AS$137,33 juta dan AS$47,56 juta. million and US$47.56 million, respectively.
Kontribusi Pendapatan dari Kontrak dengan Pelanggan - Pelanggan Eksternal dan Pendapatan dari Kontrak dengan
Pelanggan - Antar Segmen terhadap Jumlah Pendapatan dari Kontrak dengan Pelanggan Segmen Jasa
Contracts with Service Segment Customers
2020 2019
28,10% 25,72%
71,90% 74,28%
Laba bruto segmen jasa tercatat sebesar AS$34,59 Gross profit for the service segment was recorded at
juta, menurun 8,50% atau AS$3,21 juta dari sebelumnya US$34.59 million, decreased by 8.50% or US$3.21 million
sebesar AS$37,80 juta. from US$37.80 million recorded in the previous year.
Pabrikasi Manufacturing
Segmen usaha pabrikasi dijalankan oleh SSB, dengan The manufacturing business segment is run by SSB, with
kegiatan operasi mencakup perancangan dan pembuatan operational activities covering the design and manufacturing
peralatan transportasi, industri untuk pertambangan, of transportation equipment for mining, oil and gas, major
minyak dan gas bumi, industri, perbaikan dan remanufaktur component repair and remanufacturing industries, as well
komponen utama, serta alat berat untuk operasional as heavy equipment for mining operations.
pertambangan.

PT Sanggar Sarana Baja ("SSB")
Pembuatan Perlengkapan Penunjang Alat Berat dan Alat Angkut Bahan

Manufacture of Heavy Equipment Attachment and Materials Handling Products
Profitabilitas Segmen Usaha Pabrikasi Manufacturing Business Segment Profitability

Profitabilitas segmen usaha pabrikasi serta kontribusinya The manufacturing business segment profitability and its
terhadap kinerja Grup ABM diungkapkan dalam tabel contribution toward ABM Group’s performance are disclosed
berikut. in the following table.
Profitabilitas Segmen Pabrikasi dan Kontribusinya terhadap Kinerja Grup ABM

Manufacturing Segment Profitability and Contribution Toward ABM Group Performance
YoY
2020 2019
2019-2020
(1) (2) (3) (4) (5=1-3) (6=5/3)

19.567 3,23 25.838 4,36 (6.271) (24,27)
Customers
3.057 0,50 4.393 0,74 (1.336) (30,41)
Customers
22.624 3,73 30.231 5,10 (7.607) (25,16)
Customers
(Rugi) Laba Bruto Segmen / Segment
669 0,66 4.402 4,08 (3.733) (84,80)
Gross Profit (Loss)

Kontribusi Segmen Pabrikasi terhadap Profitabilitas Grup ABM 2016-2020

Manufacturing Segment Contribution Toward ABM Group Profitability 2016-2020

Customers
2017 2,43
(dalam %/ in %)
2018 2,36
2019 5,10
2020 3,73
Terhadap Laba Bruto

To Gross Profit 2016 1,28
(dalam %/ in %)
2017 0,08
2018 (1,15)
2019 4,08
2020 0,66
Terhadap Aset
To Assets 2016 1,21
(dalam %/ in %)
2017 1,14
2018 6,36
2019 3,34
2020 3,79

Pendapatan dari kontrak dengan pelanggan segmen pabrikasi Revenue from contracts with manufacturing segment
menurun 25,16% atau AS$7,61 juta menjadi AS$22,62 juta customers decreased by 25.16% (US$7.61 million), from
dari sebelumnya AS$30,23 juta. Kondisi ini sejalan dengan US$30.23 million to US$22.62 million. This condition was
penurunan pendapatan dari kontrak pelanggan - pelanggan owing to a decrease in revenue from external customers
eksternal dan pendapatan dari kontrak pelanggan - antar contracts and revenue from inter-segment customers
segmen yang masing-masing menurun sebesar AS$19,57 juta contracts, which decreased by US$19.57 million and
dan AS$3,06 juta. Sementara itu, kontribusi pendapatan dari US$3.06 million, respectively. The contribution of revenue
kontrak dengan pelanggan dari pelanggan eksternal serta from contracts with external customers and inter-segment
pendapatan dari kontrak dengan pelanggan - antar segmen customers to revenue from contracts with manufacturing
terhadap pendapatan dari kontrak dengan pelanggan segment customers is given in the following diagram.
segmen pabrikasi ditunjukan dalam diagram berikut.
Kontribusi Pendapatan dari Kontrak dengan Pelanggan - Pelanggan Eksternal dan Pendapatan dari Kontrak dengan
Pelanggan - Antar Segmen terhadap Jumlah Pendapatan dari Kontrak dengan Pelanggan Segmen Pabrikasi
Contracts with Manufacturing Segment Customers
2020 2019
13,51% 14,53%
86,49% 85,47%
Pada tahun 2020, laba bruto segmen pabrikasi tercatat In 2020, the manufacturing segment recorded gross profit
sebesar AS$0,67 juta, menurun 84,80% atau AS$3,73 of US$0.67 million, decreased by 84.80% or US$3.73 million
juta dibandingkan tahun sebelumnya sebesar AS$4,40 compared to the previous year’s figure of US$4.40 million.
juta. Sementara itu, aset mengalami peningkatan 9,85% Meanwhile, assets increased by 9.85% or US$2.81 million,
atau AS$2,81 juta, dari semula AS$28,52 juta menjadi from previously US$28.52 million to US$31.33 million.
AS$31,33 juta.
Lain-Lain Others
Selain menjalankan 3 segmen usaha, Grup ABM mempunyai Apart from running 3 business segments, ABM Group has
kegiatan usaha lainnya, yaitu perdagangan bahan bakar another business activity, namely trading in fuel to meet
untuk memenuhi kebutuhan operasi dalam ruang lingkup operational needs within the scope of the Company’s own
bisnis Perseroan sendiri. Kegiatan usaha ini dijalankan business. This business activity is carried out through PWP
melalui PWP yang mulai beroperasi sejak Juni 2017. which began operations in June 2017. PWP has a General

PWP telah mempunyai Izin Niaga Umum (NU) dari Trading License (NU) from the Directorate General of Oil and
Kementerian Energi dan Sumber Daya Mineral Republik Gas in the Ministry of Energy and Mineral Resources of the
Indonesia Direktorat Jenderal Minyak dan Gas Bumi untuk Republic of Indonesia to carry out the sale and purchase of
menjalankan jual beli bahan bakar di wilayah Indonesia. fuel in the Indonesian region.
Hingga akhir tahun 2020, PWP telah melakukan penjualan By the end of 2020, PWP had sold 175.89 million liters of
bahan bakar solar sebanyak 175,89 juta liter tersebar diesel fuel in 17 locations from 6 provinces. In addition to
di 17 lokasi dari 6 provinsi. Selain melakukan kegiatan conducting fuel trading activities, PWP has also developed
perdagangan bahan bakar, PWP juga mengembangkan its business in the distribution of lubricants since April 2018.
bisnisnya pada penyaluran pelumas, sejak April 2018. PWP PWP distributed 2.14 million liters of lubricant spread.
telah melakukan penyaluran volume pelumas sebanyak
2,14 juta liter.
Profitabilitas Segmen Usaha Lain-Lain Others Business Segment Profitability

Profitabilitas segmen usaha lain-lain serta kontribusinya The profitability of others business segments and its
terhadap kinerja Grup ABM diungkapkan dalam tabel contribution to ABM Group’s performance are disclosed in
berikut. the following table.
Profitabilitas Usaha Lain-Lain dan Kontribusinya terhadap Kinerja Grup ABM

Others Business Segment Profitability and Contribution Toward ABM Group Performance
YoY
2020 2019
2019-2020
(1) (2) (3) (4) (5=1-3) (6=5/3)

2.105 0,35 3.370 0,57 (1.265) (37,54)
Customers
82.288 13,57 70.820 11,95 11.468 16,19
Customers
84.393 13,92 74.190 12,52 10.203 13,75
Customers
12.825 12,63 7.008 6,50 5.817 83,01
Profit
Pendapatan dari kontrak dengan pelanggan yang berhasil Revenue from contracts with customers booked in the other
dibukukan segmen lain-lain meningkat 13,75% atau segments increased by 13.75% or US$10.20 million, from
AS$10,20 juta menjadi AS$84,39 juta dari sebelumnya US$74.19 million to US$84.39 million. This condition was
AS$74,19 juta. Kondisi ini sejalan dengan peningkatan in line with the revenue from contracts with inter-segment
pendapatan dari kontrak dengan pelanggan - antar customers, which increased by US$11.47 million.
segmen yang meningkat sebesar AS$11,47 juta.
Alur produksi untuk seluruh aktivitas operasional Perseroan The production flow for all operational activities of the
dan Entitas Anak diungkapkan pada bagian Ekosistem Company and its Subsidiaries is disclosed in the Integrated
Terintegrasi: Dari Penambangan Hingga Perdagangan. Ecosystem: From Mining to Trading section.

Tinjauan Keuangan
Financial Review
Standar Penyajian Informasi dan Standards of Presentation of

Kesesuaian terhadap Standar Information and Conformity to
Akuntansi Keuangan Financial Accounting Standards
Analisa dan pembahasan kinerja keuangan Laporan Analysis and discussion of the financial performance in this
Tahunan 2020 merujuk kepada Laporan Keuangan 2020 Annual Report refer to the Company’s Consolidated
Konsolidasian Perseroan untuk tahun 31 Desember 2020 Financial Statements for 31 December 2020 and 31
dan 31 Desember 2019 yang telah diaudit oleh Kantor December 2019 as audited by Purwantono, Sungkoro & Surja
Akuntan Publik Purwantono, Sungkoro & Surja. Penyajian Public Accounting Firm. The presentation and disclosure
dan pengungkapan Laporan Keuangan Konsolidasian of the Company’s Consolidated Financial Statements
Perseroan ini disusun berdasarkan Standar Akuntansi have been prepared based on the Indonesian Financial
Keuangan (SAK) yang berlaku di Indonesia, terdiri dari Accounting Standards (SAK), consisting of the Statements
Pernyataan Standar Akuntansi Keuangan (PSAK) dan of Financial Accounting Standard Statements (PSAK) and
Interpretasi Standar Akuntansi Keuangan (ISAK) yang Interpretations of Financial Accounting Standards (ISAK)
dikeluarkan oleh Dewan Standar Akuntansi Keuangan issued by the Financial Accounting Standards Board of
Ikatan Akuntan Indonesia dan Peraturan No. VIII.G.7 the Indonesian Institute of Accountants and Regulation
tentang Penyajian dan Pengungkapan Laporan Keuangan No. VIII.G.7 on the Presentation and Disclosure of Financial
Emiten atau Perusahaan Publik yang diterbitkan oleh Statements of Issuers or Public Companies issued by OJK.
Otoritas Jasa Keuangan.
Posisi Keuangan Konsolidasian Consolidated Financial Position
YoY
2020 2019
2019-2020
Uraian AS$-ribu AS$-ribu AS$-ribu
Description US$ US$ US$ (%)
thousand thousand thousand
(1) (2) (3=1-2) (4=3/2)
Aset / Assets
Aset Lancar / Current Assets 314.161 260.755 53.406 20,48

Aset Tidak Lancar / Non-Current Assets 513.077 593.474 (80.397) (13,55)
Total Aset / Total Assets 827.237 854.229 (26.991) (3,16)
Liabilitas Jangka Pendek / Current Liabilities 262.691 216.603 46.089 21,28
Liabilitas Jangka Panjang / Non-Current Liabilities 402.797 392.432 10.364 2,64
Total Liabilitas / Total Liabilities 665.488 609.035 56.453 9,27
Ekuitas / Equity 161.749 245.194 (83.445) (34,03)
Total Liabilitas dan Ekuitas / Total Liabilities and Equity 827.237 854.229 (26.992) (3,16)

Aset Assets
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Aset Lancar / Current Assets
Kas dan Setara Kas / Cash and Cash Equivalents 109.212 101.923 7.289 7,15
Aset Keuangan Lancar Lainnya / Other Current Financial Assets 125 4 121 3.025,00
Piutang Usaha / Trade Receivables
Pihak Ketiga - Neto / Third Parties – Net 105.290 77.698 27.592 35,51
Pihak Berelasi - Neto / Related Parties – Net 33.325 29.476 3.849 13,06
Piutang Non-Usaha / Non-Trade Receivables
Pihak Ketiga - Neto / Third Parties – Net 843 3.242 (2.399) (74,00)
Pihak Berelasi - Neto / Related Parties – Net 5.806 2.481 3.325 134,02
Persediaan - Neto / Inventories – Net 37.716 29.734 7.982 26,84
Uang Muka / Advances 10.075 6.113 3.962 64,81
Beban Dibayar di Muka / Prepaid Expenses 3.117 5.980 (2.863) (47,88)
Pajak Dibayar di Muka / Prepaid Taxes 7.731 3.047 4.684 153,72
Aset Lancar Lainnya / Other Current Assets 921 1.057 (136) (12,87)
Total Aset Lancar / Total Current Assets 314.161 260.755 53,406 20,48
Aset Tidak Lancar / Non-Current Assets
Investasi pada Saham / Investments in Shares 20.029 60.139 (40.110) (66,70)
Piutang Non-Usaha Jangka Panjang / Long-Term Non-Trade

Receivables
Pihak Ketiga - Neto / Third Parties – Net 7 764 (757) (99,08)
Pihak Berelasi - Neto / Related Parties – Net - 1.020 (1.020) (100,00)
Aset Pajak Tangguhan - Neto / Deferred Tax Assets – Net 8.081 11.036 (2.955) (26,78)
Aset Tetap - Neto / Fixed Assets – Net 330.690 369.711 (39.021) (10,55)
Aset Hak Guna - Neto / Right of Use Assets - Net 37.389 - 37.389 100,00
Taksiran Tagihan Pajak - Neto / Estimated Claims for Tax Refund – Net 38.814 42.960 (4.146) (9,65)
Properti Pertambangan - Neto / Mining Properties – Net 41.025 60.410 (19.385) (32,09)
Aset Takberwujud – Neto / Intangible Assets – Net 16.997 17.406 (409) (2,35)
Aset Tidak Lancar Lainnya - Neto / Other Non-Current Assets – Net 20.044 30.028 (9.984) (33,25)
Total Aset Tidak Lancar / Total Non-Current Assets 513.076 593.474 (80.398) (13,55)
Total Aset / Total Assets 827.237 854.229 (26.992) (3,16)
Pada tahun 2020, aset Perseroan mencapai AS$827,24 In 2020, the Company’s assets reached US$827.24 million,
juta, menurun 3,16% atau AS$26,99 juta dibandingkan which decreased by 3.16% or US$26.99 million compared to
tahun 2019 yang tercatat sebesar AS$854,23 juta. 2019 which was recorded at US$854.23 million.

Aset Lancar Current Assets

Aset lancar Perseroan tahun 2020 meningkat 20,48% The Company’s current assets in 2020 increased by 20.48%
atau AS$53,41 juta menjadi AS$314,16 juta dari semula (US$53.41 million), from US$260.75 million to US$314.16
AS$260,75 juta. Kondisi ini terutama dipengaruhi oleh million. This condition was mainly affected by trade
piutang usaha dan persediaan - neto. receivables and inventories – net
Kas dan Setara Kas Cash and Cash Equivalents

Kas dan setara kas Perseroan terdiri dari kas, kas dan The Company’s cash and cash equivalents consisted of
bank, serta deposito berjangka dengan jangka waktu cash, cash and banks, and time deposits with maturities of
3 tahun atau kurang, sejak penempatan dan tidak dibatasi 3 months or less at the time of placement, with unrestricted
penggunaannya. Pada tahun 2020, kas dan setara kas use. In 2020, the Company’s cash and cash equivalents
Perseroan tercatat sebesar AS$109,21 juta, mengalami stood at US$109.21 million, an increase of 7.15% or US$7.29
peningkatan 7,15% atau AS$7,29 juta dibandingkan tahun million, compared to 2019’s figure, which reached US$101.92
2019 yang mencapai AS$101,92 juta. million.
Piutang Usaha Trade Receivables

Piutang usaha Perseroan mengalami peningkatan The Company’s trade receivables increased by 29.34%
29,34% atau AS$31,44 juta. Kondisi ini sejalan dengan or US$31.44 million. This condition was in line with the
meningkatnya piutang usaha dari pihak ketiga dan pihak increase in trade receivables from third parties and related
berelasi, masing-masing menjadi AS$105,29 juta dan parties from US$77.70 million and US$29.48 million in
AS$33,33 juta di tahun 2020, dari semula AS$77,70 juta 2019 to US$105.29 million and US$33.33 million in 2020,
dan AS$29,48 juta di tahun 2019. respectively.
Persediaan - Neto Inventories – Net

Persediaan Perseroan mengalami peningkatan 26,84% The Company’s inventories increased by 26.84% or US$7.98
atau AS$7,98 juta dari sebelumnya AS$ 29,73 juta di tahun million, from US$29.73 million in 2019 to US$37.72 million in
2019 menjadi AS$ 37,72 juta di tahun 2020. 2020.
Aset Tidak Lancar Non-Current Assets

Aset tidak lancar Perseroan tahun 2020 mengalami The Company’s non-current assets in 2020 decreased
penurunan 13,55% atau AS$80,40 juta menjadi AS$513,08 by 13.55% or US$80.40 million, from US$593.47 million
juta dari semula AS$593,47 juta. Kondisi ini terutama to US$513.08 million. This condition was mainly due to a
disebabkan penurunan investasi pada saham, aset decrease in investment in shares, fixed assets – net, mining
tetap - neto, properti pertambangan - neto, dan adanya properties – net, and an increase in right of use assets – net.
peningkatan pada aset hak guna - neto.
Investasi pada Saham Investments in Shares

Pada tahun 2020, investasi pada saham Perseroan sebesar In 2020, the Company’s investment in shares amounted to
AS$20,03 juta, menurun 66,70% atau AS$40,11 juta US$20.03 million, a decline of 66.70% or US$40.11 million
dibandingkan tahun 2019 yang tercatat sebesar AS$60,14 juta. from 2019’s figure of US$60.14 million.
Aset Tetap - Neto Fixed Assets – Net

Aset tetap merupakan aset berwujud yang digunakan Fixed assets are tangible assets used in the production or
dalam produksi atau penyediaan barang atau jasa. Aset supply of goods or services. The Company’s fixed assets
tetap diperoleh Perseroan dari kepemilikan langsung serta are obtained from direct ownership and lease liabilities.
liabilitas sewa. Namun, sejak awal tahun 2020, liabilitas However, since the beginning of 2020, lease liabilities
sewa dicatat terpisah dari aset tetap - neto menjadi aset has been recorded separately from fixed assets – net, to
hak-guna - neto. Pada tahun 2020, aset tetap - neto the right of use assets – net. In 2020, fixed assets – net
menurun 10,55% atau AS$39,02 juta menjadi AS$330,69 decreased by 10.55% or US$39.02 million, from US$369.71
juta dari sebelumnya tercatat sebesar AS$369,71 juta. million to US$330.69 million. This decrease was not only due
Penurunan ini selain dikarenakan adanya depresiasi juga to depreciation but also due to impairment losses recorded
karena adanya rugi penurunan nilai yang dicatatkan pada on machinery and equipment and vessels.
mesin dan peralatan serta kapal.

Liabilitas Liabilities
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Liabilitas Jangka Pendek / Current Liabilities
Utang Bank Jangka Pendek / Short-Term Bank Loans 40.000 35.000 5.000 14,29
Utang Usaha / Trade Payables
Pihak Ketiga / Third Parties 55.523 52.809 2.715 5,14
Pihak Berelasi / Related Parties 60.104 40.107 19.997 49,86
Utang Non-Usaha / Non-Trade Payables
Pihak Ketiga / Third Parties 5.214 4.621 593 12,83
Pihak Berelasi / Related Parties 4.939 6.891 (1.952) (28,33)
Utang Pajak / Taxes Payable 8.122 4.382 3.740 85,35
Beban Akrual / Accrued Expenses 54.904 51.920 2.985 5,75
Liabilitas Imbalan Kerja Jangka Pendek / Short-Term Employee
2.545 6.650 (4.104) (61,71)
Benefits Liability
Uang Muka Pelanggan / Advances from Customers
Pihak Ketiga / Third Parties 487 873 (386) (44,22)
Pihak Berelasi / Related Parties 3.406 2.609 797 30,55
Liabilitas Jangka Panjang yang Jatuh Tempo dalam Satu Tahun: / Current Maturities of Long-Term Liabilities:
Liabilitas Sewa / Lease Liabilities
Pihak Ketiga / Third Parties 13.096 - 13.096 100,00
Pihak Berelasi / Related Parties 10.547 3.519 7.028 199,72
Utang Lain-Lain Jangka Panjang - Pihak Ketiga / Other Long-
3.803 7.221 (3.419) (47,34)
Term Non-Trade Payables – Third Parties
Total Liabilitas Jangka Pendek / Total Current Liabilities 262.691 216.603 46.089 21,28
Liabilitas Jangka Panjang / Non-Current Liabilities
Provisi untuk Kewajiban Restorasi Lingkungan / Provision for

4.410 3.810 600 15,74
Environmental Restoration Obligation
Liabilitas Jangka Panjang - Setelah Dikurangi Bagian yang Jatuh Tempo dalam Satu Tahun: /
Non-Current Liabilities – Net of Current Maturities:
Utang Obligasi / Bonds Payable 345.720 343.337 2.383 0,69
Liabilitas Sewa / Lease Liabilities
Pihak Ketiga / Third Parties 6.964 - 6.964 100,00

Pihak Berelasi / Related Parties 9.075 8.424 651 7,73
Utang Lain-Lain Jangka Panjang - Pihak Ketiga / Other Long-
3.360 6.204 (2.844) (45,84)
Term Non-Trade Payables – Third Parties
Liabilitas Pajak Tangguhan - Neto / Deferred Tax Liabilities – Net 9.590 11.687 (2.097) (17,94)
Liabilitas Imbalan Kerja Jangka Panjang / Long-Term Employee
23.678 18.970 4.708 24,82
Benefits Liability
Total Liabilitas Jangka Panjang / Total Non-Current Liabilities 402.797 392.432 10.365 2,64
Total Liabilitas / Total Liabilities 665.488 609.035 56.453 9,27

Liabilitas Perseroan mengalami peningkatan sebesar The Company’s liabilities increased by 9.27% or US$56.45
9,27% atau AS$56,45 juta, dari AS$609,04 juta di tahun million, from US$609.04 million in 2019 to US$ 665.49 million
2019 menjadi AS$665,49 juta di tahun 2020. in 2020.
Liabilitas Jangka Pendek Current Liabilities

Pada tahun 2020, liabilitas jangka pendek Perseroan In 2020, the Company’s current liabilities increased by
meningkat 21,28% atau AS$46,09 juta menjadi AS$262,69 21.28% (US$46.09 million), from US$216.60 million to
juta dari semula AS$216,60 juta. Hal ini terutama US$262.69 million. This was mainly due to an increase in
disebabkan dari kenaikan utang usaha, liabilitas sewa, dan trade payables, lease liabilities, and short-term bank loans.
utang bank jangka pendek.
Utang Bank Jangka Pendek Short-Term Bank Loans

Utang bank jangka pendek Perseroan meningkat 14,29% The Company’s short-term bank loans increased by
atau AS$5,00 juta dari AS$35,00 juta di tahun 2019 menjadi 14.29% or US$5.00 million, from US$35.00 million in 2019
AS$40,00 juta di tahun 2020. Utang tersebut berasal dari to US$40.00 million in 2020. The loans were from PT Bank
PT Bank OCBS NISP Tbk sebesar AS$30,00 dan Standard OCBS NISP Tbk and Standard Chartered Bank Indonesia,
Chartered Bank, Indonesia sebesar AS$10,00 juta. amounting to US$30.00 million and US$ 10.00 million,
respectively.
Utang Usaha Trade Payables

Utang usaha Perseroan tahun 2020 mengalami The Company’s trade payables in 2020 increased by 24.44%
peningkatan 24,44% atau AS$22,71 juta menjadi AS$115,63 or US$22.71 million from US$92.92 million to US$115.63
juta dari semula AS$92,92 juta. Kondisi tersebut terutama million. This condition was mainly due to an increase in
disebabkan dari kenaikan utang usaha pihak berelasi related party trade payables of US$20.00 million.
sebesar AS$20,00 juta.
Liabilitas Sewa Lease Liabilities

Liabilitas sewa Perseroan meningkat 571,87% atau The Company’s lease liabilities increased by 571.87% or
AS$20,12 juta, dari AS$3,52 juta di tahun 2019 menjadi US$20.12 million, from US$3.52 million in 2019 to US$23.64
AS$23,64 juta di tahun 2020. Peningkatan ini disebabkan million in 2020. This increase was due to the implementation
dari efek PSAK 73: Sewa yang mulai berlaku pada awal of PSAK 73: Leases that came into effect at the beginning of
tahun 2020. 2020.
Liabilitas Jangka Panjang Non-Current Liabilities

Liabilitas jangka panjang Perseroan tahun 2020 mencapai The Company’s non-current liabilities in 2020 reached
AS$402,80 juta, mengalami peningkatan 2,64% atau US$402.80 million, an increase of 2.64% or US$10.37
AS$10,37 juta dibandingkan tahun 2019 yang tercatat million compared to 2019’s figure of US$392.43 million. This
sebesar AS$392,43 juta. Kondisi ini terutama disebabkan condition was mainly due to an increase in lease liabilities
dari peningkatan liabilitas sewa efek PSAK 73: Sewa dan due to the implementation of PSAK 73: Leases, and long-
liabilitas imbalan kerja jangka Panjang. term employee benefits liability.

Ekuitas Equity
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Ekuitas yang Dapat Diatribusikan Kepada: / Equity Attributable to:
Pemilik Entitas Induk / Owners of the Parent Company

Modal Saham / Share Capital 146.555 146.555 - -
Tambahan Modal Disetor - Neto / Additional Paid-In Capital – Net 115.087 115.087 - -
Komponen Lainnya dari Ekuitas / Other Components of Equity 20 20 - -
Saldo Laba (Defisit) / Retained Earnings (Deficit)
Telah Ditentukan Penggunaannya / Appropriated 510 410 100 24,39
Belum Ditentukan Penggunaannya / Unappropriated (24.421) 15.105 (39.526) (261,67)
Rugi Komprehensif Lain / Other Comprehensive Loss (52.814) (10.829) (41.985) 387,71
Sub-Total / Sub-Total 184.937 266.348 (81.411) (30,57)
Kepentingan Non-Pengendali / Non-Controlling Interests (23.188) (21.154) 2.034 9,62
Total Ekuitas / Total Equity 161.749 245.194 (83.445) (34,03)
Ekuitas Perseroan tahun 2020 mengalami penurunan The Company’s equity in 2020 decreased by 34.03% or
34,03% atau AS$83,44 juta dibandingkan tahun US$83.44 million, from US$245.19 million in the previous
sebelumnya sebesar AS$245,19 juta menjadi AS$161,75 year to US$161.75 million. This was mainly due to other
juta. Hal ini terutama disebabkan oleh rugi penurunan comprehensive loss and loss for the year.
komprehensif lain dan rugi tahun berjalan.
Laba Rugi dan Penghasilan Consolidated Profit or Loss and Other

Komprehensif Lain Konsolidasian Comprehensive Income
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Pendapatan dari Kontrak dengan Pelanggan / Revenue from

606.407 592.395 14.012 2,37
Contracts with Customers
Beban Pokok Pendapatan / Cost of Revenue (504.892) (484.564) 20.328 4,20
Laba Bruto / Gross Profit 101.515 107.831 (6.316) (5,86)
Beban Penjualan, Umum, dan Administrasi / Selling, General and
(54.081) (58.341) (4.260) (7,30)
Administrative Expenses
Pendapatan Lainnya / Other Income 12.653 10.599 2.054 19,38
Penurunan Nilai atas Properti Pertambangan / Impairment of Mining
(24.023) - 24.023 N/A
Properties
Beban Lainnya / Other Expenses (19.762) (6.541) 13.221 202,13

YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Laba Usaha / Profit from Operations 16.302 53.548 (37.246) (69,56)
Pendapatan Keuangan - Neto / Finance Income – Net 3.677 2.988 688 23,06
Biaya Keuangan / Finance Charges (43.910) (36.577) 7.333 20,05
Laba Sebelum Pajak Final dan Pajak Penghasilan / Profit Before
(23.931) 19.959 (43.890) (219,90)
Final Tax and Income Tax
Beban Pajak Final / Final Tax Expense (1.063) (944) 119 12,61
Laba Sebelum Pajak Penghasilan / Profit Before Income Tax (24.995) 19.015 (44.010) (231,45)
Beban Pajak Penghasilan - Neto / Income Tax Expense – Net (12.745) (15.121) 2.375 15,71
Laba (Rugi) Tahun Berjalan / Profit (Loss) for the Year (37.740) 3.894 (41.634) (1.069,18)
Penghasilan (Rugi) Komprehensif Lain: / Other Comprehensive Income (Loss):
Pos yang akan direklasifikasi ke Laba Rugi: / Item that will be reclassified to Profit or Loss:
Selisih Kurs dari Penjabaran Laporan Keuangan / Exchange
(219) 2.360 (2.579) (109,28)
Difference from Financial Statements Translation
Pos yang Tidak Akan Direklasifikasi ke Laba Rugi: / Item that will not be reclassified to Profit or Loss:
Rugi atas Perubahan Nilai Wajar Aset Keuangan melalui
Penghasilan Komprehensif Lain / Loss on Changes in Fair Value of (18.982) - 18.982 N/A
Financial Assets through Other Comprehensive Income
Pengukuran Kembali atas Program Imbalan pasti /
(1.898) (1.868) 30 1,61
Remeasurement of Defined Benefit Plan
Pajak Penghasilan Terkait / Related Income Tax 380 467 (87) (18,63)
Total Laba Komprehensif Tahun Berjalan / Total Comprehensive
(58.459) 4.853 (63.312) (1.304,60)
Income for the Year
Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan kepada: / Profit (Loss) for the Year Attributable to:
Pemilik Entitas Induk / Owners of the Parent Company (35.659) 7.556 (43.215) (571,93)
Kepentingan Non-Pengendali / Non-Controlling Interests (2.081) (3.662) 1.581 (43,17)
Total (37.740) 3.894 (41.634) (1.069,18)
Total Laba (Rugi) Komprehensif Tahun Berjalan yang Dapat Diatribusikan kepada: / Total Comprehensive Income (Loss) for the Year
Attributable to:
Pemilik Entitas Induk / Owners of the Parent Company (56.514) 8.665 (65.179) (752,21)
Kepentingan Non-Pengendali / Non-Controlling Interests (1.945) (3.812) 1.867 (48,98)
Total (58.459) 4.853 (63.312) (1.304,60)
Laba per Saham Dasar (dalam AS$ Penuh) / Basic Earning Per Share
(0,01295) 0,00274 (0,01570) (571,93)
(in Full US$ amount)
Pendapatan dari Kontrak dengan Revenue from Contracts with Customers

Pelanggan
Pada tahun 2020, Perseroan membukukan pendapatan In 2020, the Company booked revenue from contracts
dari kontrak dengan pelanggan sebesar AS$606,41 juta, with customers of US$606.41 million, increased by 2.37%
meningkat 2,37% atau AS$14,01 juta dibandingkan tahun or US$14.01 million compared to 2019 which was recorded
2019 yang tercatat sebesar AS$592,39 juta. Peningkatan at US$592.39 million. This was due to an increase in the
ini disebabkan oleh peningkatan produksi CK dan PWP di production at CK and PWP amidst a significant correction
tengah harga batu bara yang terkoreksi cukup signifikan. in coal prices.

Beban Pokok Pendapatan Cost of Revenue

Beban pokok pendapatan Perseroan diperoleh dari beban The Company’s cost of revenue is derived from the cost of
pada kontraktor tambang dan tambang batu bara; jasa mining contractors and coal mining; services that consist of
yang terdiri dari beban logistik dan sewa kapal; beban the costs of logistics, vessel rental, and port management;
Divisi Site Services (SSD) dan Repabrikasi; sewa mesin Site Services Division (SSD) and Remanufacturing;
pembangkit tenaga listrik; pabrikasi, serta perdagangan manufacturing, and fuel trading. In 2020, the Company’s
bahan bakar. Pada tahun 2020, beban pokok pendapatan cost of revenue reached US$504.89 million, increased by
Perseroan mencapai AS$504,89 juta, meningkat 4,20% 4.20% or US$20.33 million compared to 2019 which was
atau AS$20,33 juta dibandingkan tahun 2019 yang tercatat recorded at US$484.56 million. This condition was due to an
sebesar AS$484,56 juta. Kondisi ini dipengaruhi oleh increase in expenses from the mining contractors and coal
meningkatnya beban dari segmen kontraktor tambang mining segment and other businesses.
dan tambang batu bara serta usaha lain-lain.
Beban Penjualan, Umum, dan Administrasi Selling, General, and Administrative

Expenses
Beban penjualan, umum, dan administrasi Perseroan terdiri The Company’s selling, general, and administrative
dari beban gaji dan kesejahteraan karyawan, biaya penjualan, expenses consist of salaries and employee benefits,
honorarium tenaga ahli, penyusutan dan amortisasi, professional fees, selling expenses, information and
informasi dan teknologi, penyisihan (pembalikan) kerugian technology, rental, traveling, depreciation and amortization,
penurunan nilai piutang usaha - neto, penyisihan kerugian utilities and facilities, provision for impairment losses on
penurunan nilai piutang non-usaha, sewa, peralatan dan non-trade receivables, telecommunications, provision
fasilitas, perjalanan dinas, telekomunikasi, serta beban (reversal) for impairment losses on trade receivables – net,
lain-lain. Hingga akhir tahun 2020, beban tersebut tercatat and other expenses. Until the end of 2020, these expenses
sebesar AS$54,08 juta, mengalami penurunan 7,30% atau were recorded at US$54.08 million, a decrease by 7.30%
AS$4,26 juta dari tahun 2019 yang mencapai AS$58,34 juta. or US$4.26 million from 2019’s figure of US$58.34 million.
Kondisi ini sejalan dengan penurunan pada beban gaji dan This condition was in line with the decline in salaries and
kesejahteraan karyawan, honorarium tenaga ahli, sewa dan employee welfare expenses, professional fees, leases, and
biaya penjualan. selling expenses.
Laba Usaha Profit from Operations

Laba usaha Perseroan tahun 2020 mencapai AS$16,30 juta The Company’s profit from operations in 2020 reached
juta, menurun 69,56% atau AS$37,25 juta dibandingkan US$16.30 million, decreased by 69.56% or US$37.25 million
tahun 2019 yang tercatat sebesar AS$53,55 juta. Kondisi compared to 2019, which was recorded at US$53.55 million.
ini terutama disebabkan oleh penurunan nilai properti This condition was mainly due to a US$24.02 million decline
pertambangan sebesar AS$24,02 juta dan peningkatan in the value of mining properties and the increase in other
beban lainnya. expenses.
Laba (Rugi) Tahun Berjalan Profit (Loss) for the Year

Melalui perhitungan pendapatan keuangan - neto, biaya Through the calculation of finance income – net, finance
keuangan, beban pajak final, dan beban pajak penghasilan costs, final tax expense, and income tax expense – net,
- neto, rugi tahun berjalan Perseroan tahun 2020 sebesar the Company’s loss for the year in 2020 was recorded at
AS$37,74 juta. Hasil tersebut menunjukkan adanya US$37.74 million. These results indicated a decrease of
penurunan AS$41,63 juta dibandingkan tahun sebelumnya US$41.63 million compared to the previous year which
yang mencatatkan laba tahun berjalan sebesar AS$3,89 juta. recorded a profit for the year of US$3.89 million.
Total Laba (Rugi) Komprehensif Tahun Total Comprehensive Profit (Loss) for the
Berjalan Year
Pada tahun 2020, total rugi komprehensif tahun berjalan In 2020, the Company’s total comprehensive loss for
Perseroan sebesar AS$58,46 juta dibandingkan tahun the year increased by US$58.46 million compared to the
sebelumnya yang laba sebesar AS$4,85 juta. previous year’s figure of US$4.85 million.

Arus Kas Konsolidasian Consolidated Cash Flows
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Arus Kas dari Aktivitas Operasi / Cash Flows from Operating

132.349 60.115 72.234 120,16
Activities
Arus Kas dari Aktivitas Investasi / Cash Flows from Investing
(62.531) (88.304) (25.773) (29,19)
Activities
Arus Kas dari Aktivitas Pendanaan / Cash Flows from Financing
(62.050) (14.626) 47.424 324,24
Activities
Kenaikan (Penurunan) Neto Kas dan Setara Kas / Net Increase
7.768 (42.815) 50.583 118,14
(Decrease) In Cash and Cash Equivalents
Dampak Neto Perubahan Nilai Tukar atas Kas dan Setara Kas / Net
(496) 685 (1.164) (169,93)
Effect of Changes in Exchange Rates on Cash and Cash Equivalents
Kas dan Bank Awal Tahun / Cash and Bank at Beginning of Year 101.923 144.053 (42.130) (29,25)
Kas dan Bank Akhir Tahun / Cash and Bank at End of Year 109.212 101.923 7.289 7,15
Arus Kas dari Aktivitas Operasi Cash Flows from Operational Activities
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Penerimaan dari Pelanggan / Receipts from Customers 573.153 608.883 (35.730) (5,87)
Pembayaran kepada Pemasok dan Lainnya / Payments to Suppliers
(326.029) (419.725) (93.696) (22,32)
and Others
Pembayaran kepada Karyawan / Payments to Employees (110.614) (104.391) 6.223 5,96
Kas diperoleh dari Operasi / Cash Generated from Operations 136.510 84.767 51.743 61,04
Penerimaan dari: / Receipts from:
Tagihan Pajak / Tax Refund 15.823 5.361 10.462 195,15
Pendapatan Bunga / Interest Income 3.682 3.005 677 22,53
Pembayaran atas Pajak Penghasilan / Payments for Income Taxes (23.666) (33.018) (9.352) (28,33)
Kas Neto yang Diperoleh dari Aktivitas Operasi / Net Cash
132.349 60.115 72.235 120,16
Provided by Operating Activities
Kas neto yang diperoleh Perseroan dari aktivitas operasi The net cash obtained by the Company from operating
meningkat 120,16% atau AS$72,23 juta, dari AS$60,11 juta di activities increased by 120.16% or US$ 72.23 million, from
tahun 2019 menjadi AS$132,35 juta di tahun 2020. Kondisi US$60.11 million in 2019 to US$132.35 million in 2020. This
ini terutama dipengaruhi oleh penurunan pembayaran condition was mainly influenced by the decrease in the
kepada pemasok dan lainya dan peningkatan penerimaan amount of payments to suppliers and others and increased
dari tagihan pajak. receipts from from tax refund.

Arus Kas dari Aktivitas Investasi Cash Flows from Investing Activities
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Hasil Penjualan Aset Tetap / Proceeds from Sales of Fixed Assets 8.126 2.020 6.106 302,28
Penerimaan Penjualan Aset Tetap dari Piutang / Proceeds from
1.221 - 1.221 100,00
Sales of Fixed Assets through Receivables
Perolehan Aset Tetap / Acquisitions of Fixed Assets (44.274) (40.856) (3.418) 8,37
Penambahan Biaya Eksplorasi dan Pengembangan Tambang /
(10.139) (2.545) 7.594 298,39
Expenditures for Mining Exploration and Development Costs
Pembayaran Utang atas Perolehan Aset Tetap /Payment of Payables
(7.950) (968) (6.982) 721,28
Related to the Acquisition of Fixed Assets
Pembayaran Utang atas Peralihan Aset Takberwujud / Payment of
(7.111) - 7.111 N/A
Payables related to the Acquisition of Intangible Assets
Perolehan Aset Takberwujud / Acquisitions of Intangible Assets (1.177) (1.442) (265) (18,38)
(Kenaikan) Penurunan Aset Tidak Lancar Lainnya / (Increase)
(612) 2.429 (3.041) (125,20)
Decrease in Other Non-Current Assets
Penambahan Uang Muka Pembelian Aset Tetap / Addition to
(494) (458) 36 7,89
Advances for Purchase of Fixed Assets
Penurunan (Kenaikan) Aset Keuangan Lancar Lainnya / Decrease
(121) 13.000 (13.121) (100,93)
(Increase) in Other Current Financial Assets
Kas dan Setara Kas Diterima dari Dekonsolidasi Entitas Anak / Cash
- 298 (298) (100,00)
and Cash Equivalents Receipts from Deconsolidation of a Subsidiary
Hasil Penjualan Aset Tidak Lancar yang Dimiliki untuk Dijual /
- 218 (218) (100,00)
Proceeds from Sale of Non-Current Assets Held for Sale
Akuisisi Investasi dalam Saham / Acquisitions of Investment in Shares - (60.000) 60.000 (100,00)
Kas Neto yang Digunakan untuk Aktivitas Investasi / Net Cash
(62.531) (88.304) (35.773) (29,19)
Used in Operating Activities
Kas neto yang digunakan Perseroan untuk aktivitas Net cash used by the Company in investing activities in
investasi tahun 2020 mencapai AS$62,53 juta, menurun 2020 amounted to US$62.53 million, which decreased by
29,19% atau AS$25,77 juta dibandingkan tahun sebelumnya 29.19% or US$25.77 million compared to the previous year’s
yang tercatat sebesar AS$88,30 juta. figure of US$88.30 million.
Arus Kas dari Aktivitas Pendanaan Cash Flows from Financing Activities
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Perolehan dari: / Proceeds from:

Pembayaran untuk: / Payments of:
Utang Bank Jangka Pendek / Short-Term Bank Loans (145.000) - 145.000 N/A
Bunga / Interest (41.309) (34.219) 7.090 20,72

YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Liabilitas Sewa / Lease Liabilities (23.218) (8.500) 14.718 173,15

Dividen / Dividend (2.523) (6.907) (4.384) (63,47)
Kas Neto yang Digunakan untuk Aktivitas Pendanaan / Net Cash
(62.050) (14.626) 47.424 324,24
Used in Financing Activities
Kas neto yang digunakan Perseroan untuk aktivitas Net cash used by the Company in financing activities in 2020
pendanaan tahun 2020 tercatat sebesar AS$62,05 juta, was recorded at US$62.05 million, increased by 325.24% or
meningkat 325,24% atau AS$47,42 juta dibandingkan US$47.42 million compared to 2019, which reached US$14.63
tahun 2019 yang mencapai AS$14,63 juta. Kondisi ini million. This condition was mainly affected by payments for
terutama dipengaruhi oleh pembayaran untuk utang bank short-term bank loans, lease liabilities, and interests.
jangka pendek, liabilitas sewa dan bunga.
Kenaikan (Penurunan) Neto Kas dan Setara Increase (decrease) in Net Cash and Cash
Kas Equivalents
Melalui perhitungan arus kas dari aktivitas operasi, Through the calculation of cash flows from operating,
aktivitas investasi, dan aktivitas pendanaan, Perseroan investing, and financing activities, the Company recorded
mencatat kenaikan kas dan setara kas sebesar AS$50,58 an increase in cash and cash equivalents of US$50.58
juta. Posisi kas dan setara kas antara akhir tahun 2019 dan million. The position of cash and cash equivalents between
akhir tahun 2020 meningkat 7,15% atau AS$7,29 juta dari the end of 2019 and the end of 2020 increased by 7.15% or
AS$101,92 juta di akhir tahun 2019 menjadi AS$109,21 juta US$7.29 million from US$101.92 million at the end of 2019 to
di akhir tahun 2020. US$109.21 million at the end of 2020.
Kemampuan Membayar Utang dan Debt Repayment Ability and

Tingkat Kolektibilitas Piutang Receivables Collectability
Kemampuan Membayar Utang Debt Repayment Ability
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Likuiditas / Liquidity
Rasio Lancar (Kali) / Current Ratio (Times) 1,20 1,20 (0,01) (0,66)
Rasio Cepat (Kali) / Quick Ratio (Times) 0,94 0,97 (0,02) (2,22)
Solvabilitas / Solvency
Utang Berbunga Neto terhadap Ekuitas (Kali) / Net Interest-Bearing

1,95 1,18 0,78 66,16
Debt to Equity (Times)
Utang Berbunga Neto terhadap EBITDA (Kali) / Net Interest-Bearing
2,34 2,43 (0,08) (3,42)
Debt to EBITDA (Times)

Kemampuan Perseroan dalam memenuhi kewajiban The Company’s ability to meet its debt obligations can be
utangnya dapat terlihat dari rasio likuiditas dan rasio seen from the liquidity ratio and solvency ratio.
solvabilitas.
Likuiditas Liquidity
Rasio lancar Perseroan di tahun 2020 dan 2019 tercatat The Company’s current ratio in 2020 and 2019 was recorded
sebesar 1,20 kali. Rasio lancar dihitung dengan membagi at 1.20 times. The current ratio is calculated by dividing
aset lancar dengan liabilitas jangka pendek yang masing- current assets with current liabilities, which was valued
masing nilainya di tahun 2020 adalah sebesar AS$314,16 at US$314.16 million in 2020 and US$262.69 million in
juta dan AS$262,69 juta. Sementara di tahun 2019, aset 2019, respectively. Meanwhile in 2019, current assets and
lancar dan liabilitas jangka pendek, masing-masing current liabilities were recorded at US$260.75 million and
tercatat sebesar AS$260,75 juta dan AS$216,60 juta. US$216.60 million, respectively.
Sementara itu, rasio cepat mengalami penurunan 2,22% Meanwhile, quick ratio decreased by 2.22% or from 0.97
menjadi 0,94 kali dari sebelumnya sebesar 0,97 kali. Rasio times to 0.94 times. The quick ratio is calculated by dividing
cepat dihitung dengan membagi total kas dan setara kas, total cash and cash equivalents, trade receivables (net), and
piutang usaha (neto), dan aset lancar keuangan lainnya other current assets amounting to US$247.95 million at the
yang bernilai AS$247,95 juta per akhir tahun 2020, dengan end of 2020, with current liabilities of US$262.69 million.
liabilitas jangka pendek senilai AS$262,69 juta.
Solvabilitas Solvency
Rasio solvabilitas Perseroan tahun 2020 berdasarkan In 2020, the Company’s solvency ratio, according to the
perhitungan rasio utang berbunga neto terhadap ekuitas calculation of net interest-bearing debt to equity ratio,
meningkat 66,16% menjadi 1,95 kali dibandingkan tahun increased by 66.16% to 1.95 times, from the previous year’s
sebelumnya sebesar 1,18 kali. Sementara itu, rasio utang figure of 1.18 times. Meanwhile, the ratio of net interest-
berbunga neto terhadap EBITDA tercatat sebesar 2,34 bearing debt to EBITDA was recorded at 2.34 times, or a
kali, menurun 3,42% dari semula 2,43 kali. 3.42% drop from 2.43 times.
Tingkat Kolektibilitas Piutang Receivables Collectability Levels

Perseroan menghitung periode rata-rata penagihan The Company calculates the average receivable collection
piutang dengan membagi piutang usaha (neto) dengan period by dividing the trade receivables (net) with
pendapatan dari kontrak dengan pelanggan konsolidasian, consolidated revenue from contracts with customers, then
kemudian mengalikan hasilnya dengan 365 hari (jumlah multiplying the result by 365 days (number of days in a year).
hari dalam setahun). Pada tahun 2020, periode rata-rata In 2020, the average collection period for the Company’s
penagihan piutang Perseroan adalah 74 hari, meningkat receivables was 74 days, slightly longer than in 2019, which
dibandingkan tahun 2019, yaitu selama 72 hari. was 72 days.
Sementara itu, rasio perputaran piutang usaha dihitung The trade receivables turnover ratio is calculated by dividing
dengan membagi pendapatan dari kontrak dengan consolidated revenue from contracts with customers with
pelanggan konsolidasian dengan rata-rata piutang the average trade receivables (net). The Company’s trade
usaha (neto). Rasio perputaran piutang usaha Perseroan receivables turnover ratio decreased from 5.10 times in 2019
mengalami penurunan dari 5,10 kali di tahun 2019 menjadi to 4.93 times in 2020.
4,93 kali di tahun 2020.

Struktur Modal dan Kebijakan Capital Structure and Management

Manajemen Policy
Struktur Modal Perseroan Company Capital Structure

Struktur permodalan Perseroan per 31 Desember 2020 The capital structure of the Company as at 31 December
dan 31 Desember 2019 diungkapkan dalam tabel berikut. 2020 and 31 December 2019 is disclosed in the following
table.
YoY
2020 2019
2019-2020
(1) (2) (3=1-2) (4=3/2)
Utang Obligasi / Bonds Payable 345.720 343.337 2.383 0,69
Liabilitas Sewa / Lease liabilities 39.682 11.943 27.739 232,26
Total 425.402 390.280 35.122 9,00
Dikurangi: Kas dan Setara Kas / Less: Cash and Cash Equivalents (109.212) (101.923) 7.289 7,15
Utang Neto / Net Debts 316.189 288.357 27.833 9,65
Ekuitas Neto / Net Equity 161.749 245.194 (83.444) (34,03)
2020 2019
33,84% 45,96%
54,04%
66,16%
Utang - Neto Ekuitas - Neto

Net Debts Net Equity
Uraian
2020 2019
Description
Rasio Pengungkit (Kali) / Gearing Ratio (Times) 1,95 1,18

Rasio Kewajiban Terhadap Ekuitas (Kali) / Debt to Equity Ratio (Times) 2,63 1,59

Kebijakan Manajemen atas Struktur Modal Management Policy on the Company’s

Perseroan Capital Structure
Struktur permodalan Perseroan terdiri dari pendanaan yang The capital structure of the Company consists of funding
berasal dari liabilitas jangka panjang dan ekuitas. Dalam from non-current liabilities and equity. In implementing
menjalankan kebijakan struktur modalnya, Perseroan its capital structure policy, the Company strives to ensure
berusaha untuk memastikan bentuk permodalan yang the maximum form of capital, reduce capital cost, provide
maksimal, menurunkan biaya modal, memberikan nilai added value for stakeholders, and improve its credit rating.
tambah yang tinggi bagi pemangku kepentingan, dan
menghasilkan peringkat kredit yang lebih baik.
Manajemen Perseroan memiliki kebijakan yang secara teliti The Company management has a policy that emphasizes
dan menitikberatkan pada pengelolaan ketidakstabilan prudence in managing industrial and market volatility as
industri dan pasar (managing volatility), serta perbaikan well as improving the Company’s capital structure so that it
struktur permodalan Perseroan untuk dapat bertahan dan can survive and develop its business activities. This is done
berkembang dalam kegiatan usaha yang dijalankan. Hal ini by:
dilakukan dengan cara:
1. Mengurangi utang-utang Perseroan; 1. Reducing the Company’s debts;
2. Meningkatkan ekuitas; dan 2. Increasing equity; and
3. Memaksimalkan aset-aset agar tetap dan terus bekerja 3. Maximizing assets in order to ensure sustainability
yang akan berdampak positif pada neraca keuangan. which will have a positive impact on the balance sheet.
Tujuan utama dari pengelolaan modal grup adalah untuk The main objective of group capital management is to
memastikan agar Perseroan mampu mempertahankan ensure that the Company maintains healthy capital ratios
rasio modal yang sehat untuk mendukung usaha dan to support its business and maximize stakeholder value.
memaksimumkan nilai pemangku kepentingan. Modal grup The group capital consists of share capital and retained
terdiri dari modal saham dan saldo laba. Grup mengelola earnings. The Group manages the capital structure and
struktur permodalan dan melakukan penyesuaian pada makes adjustments to changing economic conditions and
perubahan kondisi ekonomi dan memenuhi persyaratan meets the requirements of the lenders. The ABM Group
dari pihak pinjaman. Grup ABM mengawasi modal dengan oversees its capital using gearing ratios by dividing net
menggunakan rasio pengungkit (gearing ratio) dengan debts with the net equity.
membagi utang neto dengan total ekuitas.
Selain itu, kebijakan grup adalah menjaga rasio pengungkit In addition, the group’s policy is to keep the gearing ratio at a
pada tingkat yang sehat sehingga dapat memperoleh healthy level so as to obtain maximized funding. ABM Group
pendanaan yang dapat dimaksimalkan. Grup menyertakan includes net debt, short-term bank loans, lease liabilities,
pinjaman neto, utang bank jangka pendek, liabilitas sewa and bonds payable less cash and cash equivalents as a
dan utang obligasi dikurangi kas dan setara kas sebagai definition of debt. Capital includes share capital and equity
definisi utang. Sementara yang termasuk dalam modal attributable to the majority shareholders of the Company.
adalah modal saham dan ekuitas yang dapat diatribusikan
kepada pemilik Entitas Induk.
Ikatan yang Material untuk Investasi Material Commitments for Capital

Barang Modal Goods Investments
Pada tahun 2020, Perseroan tidak memiliki ikatan material In 2020, the Company had no material commitments for
untuk investasi barang modal. investment in capital goods.

Realisasi Investasi Barang Modal Realization of Capital Goods Investments
Realisasi investasi barang modal dimiliki dari penambahan Investments in capital goods are realized through the
aset tetap Perseroan. Sepanjang tahun 2020, realisasi addition of the Company’s fixed assets. Throughout 2020,
investasi barang modal diungkapkan pada tabel berikut. the realization of investment in capital goods is disclosed in
Nilai
Investasi Barang Modal Tujuan (AS$-ribu)
Investment in Capital Goods Purpose Value
(US$-thousand)
Kepemilikan Langsung / Direct Ownership
Tanah / Land Pendukung operasional / Operational Support 2.171

Jalan dan Infrastruktur / Road and Infrastructure Pendukung operasional / Operational Support 647
Bangunan dan Prasarana / Building and Improvements Pendukung operasional / Operational Support 1.095
Perlengkapan, Perabotan, dan Peralatan kantor /Office Pendukung operasional / Operational Support
801
Furniture, Fixtures and Equipment
Kendaraan / Vehicles Pendukung operasional / Operational Support 4.605
Kapal / Vessels Perbaikan dan pemeliharaan / Repair and Maintenance 2.617
Mesin dan Peralatan / Machinery and Equipment Perbaikan dan pemeliharaan / Repair and Maintenance 18.791
Sub-Total / Sub-Total 30.727
Aset dalam Penyelesaian / Construction in Progress Perbaikan dan pemeliharaan / Repair and Maintenance 15.676
Total 46.403
Jumlah investasi barang modal tahun 2020 mencapai Total investment in capital goods in 2020 reached US$46.40
AS$46,40 juta, menurun 6,24% atau AS$3,09 juta dibandingkan million, decreased by 6.24% or US$3.09 million compared to
tahun 2019 yang tercatat sebesar AS$49,49 juta. Penurunan ini 2019’s figure of US$49.49 million. The decrease was mainly
terutama disebabkan oleh aset dalam penyelesaian. due to construction in progress.
Pertumbuhan
2020 2019
Growth
(1) (2) (3=1-2) (4=3/2)
Realisasi Investasi Barang Modal / Realization of Capital Goods

46.403 49.490 (3.087) (6,24)
Investments
Perbandingan antara Target dan Comparison of 2020 Targets and Actual

Realisasi 2020 Achievements
Harga batu bara yang terkoreksi secara signifikan akibat Coal prices, which were significantly lower due to the
pandemi Covid-19 menjadi tantangan terbesar Perseroan Covid-19 pandemic, were the Company’s biggest challenge
dalam mencapai target yang telah ditetapkan. Penurunan in achieving its targets. This decrease can be seen from
tersebut dapat dilihat dari harga rata-rata Global Coal the average price of Global Coal Newcastle 6,322 GAR in
Newcastle 6.322 GAR pada tahun 2020 sebesar AS$60,37 2020 which reached US$60.37 per ton, 22.37% lower than
per ton, lebih rendah 22,37% jika dibandingkan dengan harga the average price in 2019 of US$77.77 per ton. As a result,
rata-rata pada tahun 2019 sebesar AS$77,77 per ton. Hal this also affected the price of coal from TIA, Mifa, and

tersebut mempengaruhi harga batu bara yang dimiliki TIA, BEL. However, in line with the Company’s commitment to
Mifa, dan Bel. Namun, sesuai dengan komitmen Perseroan ensuring the achievement of coal production targets in
untuk tetap memastikan tercapainya target produksi 2020, the Company succeeded in increasing production by
batu bara pada tahun 2020, maka Perseroan berhasil 6.62% to 12.56 million tons.
meningkatkan produksi 6,62% menjadi 12,56 juta ton.
Prospek Usaha Tahun 2021 Business Prospects in 2021
Berdasarkan IMF Word Economic Outlook, perekonomian Based on the IMF’s World Economic Outlook, the global
global tahun 2021 diasumsikan mengalami pertumbuhan economy in 2021 is expected to experience a 5.2% growth.
sebesar 5,2%. Kondisi ini diharapkan dapat meningkatkan This condition is slated to increase electricity demand and
permintaan listrik dan produksi industri sebagai industrial production as the main drivers of coal demand. In
pendorong utama permintaan batu bara. Selain itu, addition, coal consumption is projected to grow by 2.6%, in
konsumsi batu bara diproyeksikan tumbuh 2,6%, sejalan line with the increasing demand for coal in China, India, and
dengan meningkatnya permintaan batu bara di Tiongkok, Southeast Asia.
India, dan Asia Tenggara.
Di sisi lain, melalui perjanjian kerjasama investasi dan On the other hand, through the coal investment and trade
perdagangan batu bara antara Indonesia dan Tiongkok cooperation agreement between Indonesia and China in
pada November 2020, para produsen batu bara nasional November 2020, national coal producers are optimistic
optimis menatap tahun 2021. Melalui perjanjian kerjasama about 2021. Through this cooperation agreement, the two
tersebut, kedua belah pihak sepakat untuk meningkatkan parties agreed to increase coal exports from Indonesia,
ekspor batu bara dari Indonesia yang ditargetkan which is targeted to reach 200 million tons.
mencapai 200 juta ton.
Selain itu, sebagai importir batu bara terbesar di dunia, In addition, as the world’s largest coal importer, China’s
peran Tiongkok tetap signifikan dalam memengaruhi harga role remains significant in influencing commodity prices.
komoditas. Negara ini mewakili lebih dari seperempat The country represents more than a quarter of the total
dari total pasar batu bara global. Pembatasan impor batu global coal market. The coal import restrictions that China
bara yang diberlakukan Tiongkok terhadap batu bara imposed on Australian coal recently raised concerns over
Australia baru-baru ini menimbulkan kekhawatiran atas the uncertain global demand for coal. This issue could
ketidakpastian permintaan batu bara global. Isu tersebut provide opportunities for several Indonesian coal exporters,
dapat memberikan kesempatan bagi beberapa eksportir including the Company and its Subsidiaries.
batubara Indonesia, termasuk Perseroan dan Entitas Anak.
Sumber: Source:
• Coal 2020: Analysis and Forecast to 2020, diterbitkan oleh International • Coal 2020: Analysis and Forecast to 2020, published by the International
Energy Agency; serta Energy Agency; and
• Review 2020 and Outlook 2021, diakses di http://www.apbi-icma.org/ • Review 2020 and Outlook 2021, accessed at http://www.apbi-icma.org/
news/4270/review-2020-and-outlook-2021. news/4270/review-2020-and-outlook-2021.
Pengembangan Usaha 2021 2021 Business Developments
Pengembangan usaha Perseroan dan Entitas Anak tahun The business development of the Company and its
2021 berfokus pada hal-hal berikut. Subsidiaries in 2021 focuses on the following matters.
1. Memaksimalkan sinergi dengan TMT; 1. Maximizing synergy with TMT;
2. Mining value chain (MVC): 2. Mining value chain (MVC):
a. Memastikan peningkatan MVC; a. Ensuring MVC enhancement;
b. Memperoleh aset batu bara baru untuk b. Acquiring new coal assets to replace current
menggantikan cadangan saat ini (TIA); reserves (TIA);
c. Mengurangi biaya harga pokok penjualan serta c. Reducing cost of goods sold as well as sales, general
penjualan, beban umum, dan administrasi; expenses, and administration;

3. Meningkatkan profitabilitas CKB dan SSB dengan 3. Increasing the profitability of CKB and SSB by
memaksimalkan peluang di pertambangan sekaligus maximizing opportunities in mining while increasing
meningkatkan kapabilitas inti; core capabilities;
4. Melakukan divestasi AJN; serta 4. Divesting AJN; and
5. Memaksimalkan pertumbuhan seluruh Entitas Anak. 5. Maximizing growth of all Subsidiaries.
Proyeksi Tahun 2021 2021 Projections
Target usaha disusun dengan mempertimbangkan kondisi The business targets are prepared by taking into account the
perekonomian, prospek usaha, serta kinerja Perseroan, economic conditions, business prospects, and performance
sebagaimana yang diungkapkan dalam tabel berikut. of the Company as disclosed in the following table.
Uraian
2020 2019
Description
Kinerja Operasional / Operational Performance
Pertambangan Batu Bara (juta ton) / Coal Mining (million tons)
Volume Produksi / Production Volume 12,56 13,42

Volume Penjualan / Sales Volume 11,63 13,22
Kontrak Pertambangan / Mining Contract
Pengupasan dan Pemindahan (juta bcm) / Stripping and Overburden

140,15 174,26
Removal (million bcm)
Penyewaan Alat untuk Pengambilan Batu Bara (juta ton) / Rental Equipment
27,61 35,01
for Coal Extraction (million tons)
Kinerja Keuangan (AS$ ribu) / Financial Performance (US$ thousand)
Aset / Assets 827.237 871.895

Pendapatan dari Kontrak dengan Pelanggan / Revenues from Contracts with
606.407 695.308
Customers
Laba (Rugi) Tahun Berjalan / Profit (Loss) for the Year (37.740) 5.448
Struktur Modal / Capital Structure
Rasio Kewajiban Terhadap Ekuitas (Kali) (Total Liability/Total Equity) /

4,11 2,94
Liabilities to Equity Ratio (Times) (Total Liabilities/Total Equity)
Informasi dan Fakta Material Setelah Information and Material Facts Subsequent
Tanggal Laporan Akuntan to the Accountant’s Report Date

Informasi dan fakta material setelah tanggal Laporan Material information and facts subsequent to the date of
Keuangan diungkapkan sebagai berikut. the Financial Statements are disclosed as follows.
1. Fasilitas Kredit Modal Kerja PT Bank Mandiri (Persero) 1. PT Bank Mandiri (Persero) Tbk (Mandiri) Working
Tbk (Mandiri) Capital Credit Facility
Pada 26 Maret 2021, Perseroan, TIA, dan CK, On 26 March 2021, the Company, TIA, and CK, entered
menandatangani perjanjian pinjaman dengan Mandiri, into a loan agreement with Mandiri, a third party, for a
pihak ketiga, untuk fasilitas kredit modal kerja dengan working capital credit facility with a maximum loan limit
jumlah batas maksimum pinjaman AS$50 juta dan of US$50 million and can be used for the operations of
dapat digunakan untuk operasional Perseroan dan the Company and other Subsidiaries. This loan facility
Entitas Anak lainnya. Fasilitas ini akan berakhir 1 tahun will expire 1 year from the signing of the agreement.
sejak ditandatanganinya perjanjian.

Berdasarkan perjanjian pinjaman, Perseroan diwajibkan Based on the loan agreement, the Company is required
untuk memenuhi rasio keuangan tertentu yang diuji to comply with certain financial ratios which will be
setiap triwulan sebagai berikut. assessed quarterly as follows.
a. Net debt to EBITDA atas dasar Laporan Keuangan a. Net debt to EBITDA based on the Group’s Consolidated
Konsolidasian Grup tidak melebihi dari 3,00:1,00; Financial Statements at the maximum 3.00:1.00;
b. Net debt to equity ratio atas dasar Laporan b. Net debt to equity ratio based on the Group’s
Keuangan Konsolidasian Grup tidak melebihi dari Consolidated Financial Statements at the maximum
1,50:1,00; 1.50:1.00;
c. Fixed charge coverage ratio atas dasar Laporan c. Fixed-charge coverage based on the Group’s
Keuangan Konsilidasian Grup lebih besar dari Consolidated Financial Statements at the maximum
3,00:1,00; 3.00:1.00;
d. Priority Indebtedness atas dasar Laporan Keuangan d. Priority Indebtedness based on the Group’s
Konsolidasian Grup tidak melebihi dari 10,00%. Consolidated Financial Statements at the maximum
of 10.00%.
2. Penyelesaian Kewajiban Fasilitas Perbankan dengan 2. Settlement of Banking Facility Obligations with
PT Bank ANZ Indonesia (“ANZ”) PT Bank ANZ Indonesia (ANZ)
Pada 9 Februari 2021, Perseroan, CK, CKB, ATR, BDD, On 9 February 2021, the Company, CK, CKB, ATR, BDD,
DDE, SSB, PWP, Reswara, TIA, PBR, MDB, BEL, dan DDE, SSB, PWP, Reswara, TIA, PBR, MDB, BEL, and Mifa
Mifa (“Peminjam”) menandatangani amandemen (Borrower) signed an amendment to the loan agreement
perjanjian pinjaman dengan ANZ, pihak ketiga, untuk with ANZ, a third party, to extend the effective date
memperpanjang jangka waktu berlakunya fasilitas of the loan facility until 30 June 2021 and change the
sampai dengan 30 Juni 2021 dan mengubah batas maximum credit limit for the Revolving Credit Facility
maksimum kredit atas Fasilitas Kredi Bergulir dan and Multi Option Financing with combining maximum
Pembiayaan Multi Opsi dengan batas kredit gabungan credit limit not to exceed US$10 million.
maksimum menjadi tidak melebihi AS$10 juta.
Pada 30 Maret 2021, Peminjam telah menyelesaikan On 30 March 2021, the Borrower has completed all of
seluruh kewajiban Perjanjian Fasilitas dengan ANZ. the Facility Agreement obligations with ANZ. Thus, all
Dengan demikian, seluruh fasilitas perbankan yang banking facilities previously provided to Borrowers have
sebelumnya diberikan kepada Peminjam telah diakhiri. been terminated.
3. Surat Ketetapan Pajak Penghasilan Badan Tahun 3. 2019 Corporate Income Tax Overpayment Assessment
2019 Letter
a. BEL a. BEL
Pada 6 Januari 2021, BEL menerima Surat On 6 January 2021, BEL received a Notice Letter
Pemberitahuan Pemeriksaan Lapangan atas of Field Inspection of Compliance Tax in 2019.
kepatuhan pemenuhan kewajiban perpajakan tahun Until the date of completion of the Consolidated
2019. Sampai dengan tanggal penyelesaian Laporan Financial Statements, BEL has yet received a Tax
Keuangan Konsolidasian, BEL belum menerima Surat Overpayment Assessment Letter from the Tax
Ketetapan Pajak dari Direktorat Jenderal Pajak; Directorate General;
b. SSB b. SSB
Pada 13 Januari 2021, SSB menerima Surat On 13 January 2021, SSB received a Notice Letter
kepatuhan pemenuhan kewajiban perpajakan Until the date of completion of the Consolidated
tahun 2019. Sampai dengan tanggal penyelesaian Financial Statements, SSB has yet received a Tax
Laporan Keuangan Konsolidasian, SSB belum Overpayment Assessment Letter from the Tax
menerima keputusan Surat Ketetapan Pajak dari Directorate General; and
Direktorat Jenderal Pajak; dan

c. TIA c. TIA
Pada 10 Februari 2021, TIA menerima Surat On 10 February 2021, TIA received a Notice Letter
kepatuhan pemenuhan kewajiban perpajakan Until the date of completion of the Consolidated
tahun 2019. Sampai dengan tanggal penyelesaian Financial Statements, TIA has yet received a Tax
Laporan Keuangan Konsolidasian, TIA belum Overpayment Assessment Letter from the Tax
menerima keputusan Surat Ketetapan Pajak dari Directorate General.
Direktorat Jenderal Pajak.
4. Peraturan Pemerintah No. 35 Tahun 2021 – Undang- 4. Government Regulation No. 35/2021 - Job Creation
Undang Cipta Kerja Law
Pada 2 Februari 2021, pemerintah mengundangkan On 2 February 2021, the government promulgated
dan memberlakukan Peraturan Pemerintah and authorized Government Regulation No. 35/2021
No. 35 Tahun 2021 (PP 35/2021) untuk melaksanakan (PP 35/2021) to implement the provisions of Article 81
ketentuan Pasal 81 dan Pasal 185 (b) Undang-Undang and Article 185 (b) of Law No. 11/2020 on Job Creation
No. 11/2020 mengenai Cipta Kerja yang bertujuan untuk which aims to create the widest possible employment
menciptakan lapangan kerja yang seluas-luasnya. opportunities.
PP 35/2021 mengatur mengenai perjanjian kerja waktu PP 35/2021 regulates work agreements for a certain
tertentu (karyawan tidak tetap), alih daya, waktu kerja, period (non-permanent employees), outsourcing,
waktu istirahat, dan pemutusan hubungan kerja, yang working time, rest time, and termination of employment,
dapat memengaruhi manfaat imbalan minimum yang which can affect the minimum benefits that must be
harus diberikan kepada karyawan. provided to employees.
5. Ketidakpastian Makroekonomi 5. Macroeconomic Uncertainty

Operasi Grup telah dan mungkin terus dipengaruhi The Group’s operation has and may continue to be
oleh penyebaran Covid-19 yang dimulai di Tiongkok dan impacted by the outbreak of the Covid-19 virus which
kemudian menyebar ke negara-negara lain, termasuk started in China and subsequently spread to other
Indonesia. Efek virus Covid-19 terhadap ekonomi global countries including Indonesia. The effects of the
dan Indonesia termasuk efek terhadap pertumbuhan Covid-19 virus on the global and Indonesian economy
ekonomi, penurunan pasar modal, peningkatan include effects on economic growth, the decline in
risiko kredit, depresiasi nilai tukar mata uang asing, capital markets, increase in credit risk, depreciation
dan gangguan operasi bisnis. Efek masa depan dari of foreign currency exchange rates, and disruption of
virus Covid-19 terhadap Indonesia dan Grup masih business operation. The future effects of the outbreak
belum dapat ditentukan saat ini. Peningkatan jumlah of the Covid-19 virus to Indonesia and the Group are
infeksi Covid-19 yang signifikan atau penyebaran yang unclear at this time. A significant rise in the number of
berkepanjangan dapat memengaruhi Indonesia dan Covid-19 virus infections or prolongation of the outbreak
Grup. may affect Indonesia and the Group.
Sampai dengan tanggal Laporan Keuangan As of the date of the consolidated financial statements,
Konsolidasian ini, telah terjadi penurunan Indeks there have been a decline in the Indonesia Stock
Harga Saham Gabungan (“IHSG”), Indeks Harga Obligasi Exchange Composite Index (IHSG), Indonesian
Gabungan (“ICBI”), dan nilai tukar mata uang Rupiah Composite Bond Index (ICBI), and Rupiah foreign
terhadap mata uang asing yang sebagian disebabkan currency exchange rates which partly due to the impact
oleh dampak virus Covid-19. of the Covid-19 virus.

Dampak Informasi dan Fakta Material Setelah Tanggal Impact of Information and Material Facts after the Date of
Laporan Keuangan: the Financial Statements:
1. Dampak terhadap Perseroan 1. Impact on the Company
a. Fasilitas Kredit Modal Kerja PT Bank Mandiri a. PT Bank Mandiri (Persero) Tbk (Mandiri) Working
(Persero) Tbk (Mandiri) Capital Credit Facility
Fasilitas ini diharapkan dapat menunjang kegiatan This facility is expected to support the operational
operasional Perseroan dan Entitas Anak lainnya activities of the Company and its Subsidiaries for
selama setahun ke depan dalam menghadapi the next year in facing macroeconomic uncertainty
ketidakpastian makroekonomi akibat Covid-19. due to Covid-19.
b. Penyelesaian Kewajiban Fasilitas Perbankan b. Settlement of Banking Facility Obligations with
dengan PT Bank ANZ Indonesia (“ANZ”) PT Bank ANZ Indonesia (ANZ)
Tidak berdampak signifikan. Does not have a significant impact.
c. Surat Ketetapan Pajak Pajak Penghasilan Badan c. 2019 Corporate Income Tax Assessment Letter
Tahun 2019
Sama seperti proses yang selama ini secara telah Similar to the process that has been running so far,
berjalan, Perseroan dan Entitas Anak lainnya akan the Company and other Subsidiaries will undergo
menjalani proses administrasi perpajakan lanjutan a further tax administration process following the
sesuai ketentuan yang berlaku terkait Surat applicable provisions on the 2019 Corporate Income
Ketetapan Pajak Pajak Penghasilan Badan Tahun Tax Assessment Letter.
2019.
d. Peraturan Pemerintah No. 35 Tahun 2021 – d. Government Regulation No. 35/2021 – Job Creation
Undang-Undang Cipta Kerja Law
Grup masih mengevaluasi dampak potensial the Group is still evaluating the potential impact
penerapan peraturan pelaksana PP 35/2021, termasuk of the implementation of PP 35/2021, including
dampaknya pada Laporan Keuangan Konsolidasian the impact on the Group’s Consolidated Financial
Grup untuk periode pelaporan berikutnya. Statements for the next reporting period.
e. Ketidakpastian Makroekonomi e. Macroeconomic Uncertainty
Perseroan dan Entitas Anak lainnya menjalankan The Company and its Subsidiaries implemented
instruksi Pemerintah terkait protocol Kesehatan Government instructions on Health protocol
dan adaptasi kebiasaan baru dalam kegiatan and adaptation to new normal in its operational
operasionalnya. Segala penyesuaian dilakukan dalam activities. All adjustments were made to suppress
rangka menekan penyebaran Covid-19 sekaligus the spread of Covid-19 while at the same time
menjaga agar kegiatan operasional tidak terganggu. upholding its operational activities to continue.
2. Dampak Kuantitatif 2. Quantitative Impact

Penambahan fasilitas kredit modal kerja dengan Additional working capital credit facility with a
jumlah batas maksimum pinjaman AS$50 juta. maximum loan limit of US$50 million.
Tidak ada. No impact.
Tahun 2019
Perseroan dan Entitas Anak lainnya masih menjalani The Company and its Subsidiaries are still in the
proses lanjutan dari Surat Ketetapan Pajak Pajak process of following up the 2019 Corporate Income
Penghasilan Badan Tahun 2019, sehingga belum Tax Assessment Letter. Therefore, the quantitative
dapat dipaparkan dampak kuantitatifnya. impact is not yet available for disclosure.

Grup masih mengevaluasi dampak potensial The Group is still evaluating the potential impact
penerapan peraturan pelaksana PP 35/2021, of the implementation of PP 35/2021, including
termasuk dampaknya pada Laporan Keuangan the impact on the Group’s Consolidated Financial
Konsolidasian Grup untuk periode pelaporan Statements for the next reporting period.
berikutnya.
Grup masih mengkalkulasi dampak finansial dari The Group is still calculating the financial impact of
penyebaran Covid-19 the spread of Covid-19.
3. Dampak pada Risiko Usaha di Masa Mendatang 3. Impact on Future Business Risks
Fasilitas kredit modal kerja jangka pendek ini akan This short-term working capital credit facility
menjaga kelancaran kegiatan operasional selama will maintain the smooth running of operational
satu tahun ke depan, termasuk dalam menghadapi activities for the next year, including in facing
ketidakpastian makroekonomi akibat Covid-19. macroeconomic uncertainty due to Covid-19. This
Fasilitas ini diharapkan dapat menjadi pondasi facility is expected to act as a strong foundation for
yang baik dalam pengembangan bisnis kedepannya future business development to develop better.
sehingga dapat berkembang dengan lebih baik.
Tidak ada dampak kuantitatif bagi Perseroan. No quantitative impact for the Company.
Tahun 2019
Perseroan dan Entitas Anak lainnya masih menjalani The Company and its Subsidiaries are still following
proses lanjutan dari Surat Ketetapan Pajak Pajak up on the 2019 Corporate Income Tax Assessment
Penghasilan Badan Tahun 2019, sehingga belum Letter. Therefore, the Company has not been able
dapat dipaparkan dampak pada risiko usaha di to include the impact on future business risks.
masa mendatang. Namun, dikarenakan hal ini However, given that this situation is a common
merupakan hal yang umum terjadi, maka dapat occurrence, it is estimated that there will be no
diperkirakan tidak ada dampak yang signifikan significant impact on future business risks.
pada risiko usaha di masa mendatang.
Grup masih mengevaluasi dampak potensial The Group is still evaluating the potential impact
penerapan peraturan pelaksana PP 35/2021, on the implementation of PP 35/2021, including its
termasuk dampaknya di masa mendatang. impact in the future.
Perseroan dan Entitas Anak lainnya terus The Company and its Subsidiaries implemented
menjalankan instruksi Pemerintah terkait protokol Government instructions on Health protocol
kesehatan dan adaptasi kebiasaan baru dalam and adaptation to new normal in its operational
kegiatan operasionalnya. Segala perkembangan activities. All adjustments were made to suppress
akan disesuaikan dengan kondisi Perseroan the spread of Covid-19 while at the same time
dalam rangka menekan penyebaran Covid-19 upholding its operational activities to continue.
sekaligus menjaga agar kegiatan operasional tidak
terganggu.

Aspek Pemasaran
Marketing Aspect
Strategi Pemasaran Marketing Strategy
Dalam menyikapi dinamika perubahan kondisi bisnis In responding to the dynamics and changes in current
saat ini, strategi yang dimiliki Perseroan adalah terus business conditions, the Company is implementing a
memperkuat rantai nilai dan ekosistem usaha batu bara strategy by enhancing the value chain and coal business
Grup ABM, mulai dari proses penambangan sampai dengan ecosystem of ABM Group, from the mining process to
proses pengapalan (pit to port) atau mining value chain the pit to port process or mining value chain (MVC). This
(MVC). Hal ini dilakukan sejalan dengan mengembangkan is carried out in line with the development of business
integrasi usaha melalui penyedia jasa layanan logistik integration through integrated logistics service providers
terpadu serta jasa rekayasa terpadu. and integrated engineering services.
Melalui integrasi usaha yang telah ditempuh di tahun Through the business integration that has been carried out
2020 dalam meningkatkan sinergi dalam Grup ABM, in 2020 to increase synergy in ABM Group, CK focuses on
CK terus fokus untuk mendapatkan kontrak kerja baru securing new long-term employment contracts (life of mine)
jangka panjang (life of mine) disertai dengan melakukan accompanied by operational development by carrying out
pengembangan operasional dengan melakukan asset management and utilization as well as increasing
manajemen aset dan utilisasi serta meningkatkan productivity. This strategy is part of a long-term strategy
produktivitas. Strategi ini merupakan bagian dari strategi so that CK can become an increasingly competitive mining
jangka panjang agar CK menjadi kontraktor pertambangan contractor and have a sustainable business towards a World
yang semakin kompetitif dan memiliki bisnis yang Class Mining Contractor.
berkelanjutan menuju World Class Mining Contractor.
Sementara Reswara, melalui Mifa dan TIA, saat ini memiliki Meanwhile Reswara, through Mifa and TIA, currently has
pangsa pasar, baik domestik maupun ekspor. Selain untuk both domestic and export market shares in its grasp. Apart
memenuhi kebutuhan domestik, TIA juga senantiasa from meeting domestic demand, TIA is also consistently
berupaya meningkatkan penjualan ke Tiongkok dan Asia working to increase sales to China and Southeast Asia
Tenggara melalui kontrak jangka panjang dengan pembeli, through long-term contracts with buyers, while if compared
sedangkan Mifa yang berlokasi di Aceh, posisinya sangat to other competitors, Mifa, which located in Aceh, has the
dekat dengan salah satu pangsa terbesar untuk batu bara advantage of being very close to one of the largest market
berkalori rendah, yaitu India, jika dibandingkan dengan shares for low caloric coal, namely India.
kompetitor.
CKB sebagai penyedia jasa layanan logistik terpadu yang CKB is an integrated logistics service provider whose
meliputi layanan freight management, custom clearance, services include freight management, customs clearance,
site service management, warehouse management, site service management, warehouse management,
project logistics dan Pusat Logistik Berikat (PLB). project logistics, and Bonded Logistics Center (PLB). As a
Sebagai operator PLB, CKB telah memegang lisensi dari PLB operator, CKB has a license from the government and
pemerintah dan Sertifikasi Authorized Economic Operator an Authorized Economic Operator (AEO) certification from
(AEO) dari World Customs Organization. CKB beroperasi the World Customs Organization. CKB operates throughout
di seluruh Indonesia termasuk kota dan area yang sulit Indonesia, including cities and areas that are difficult to
dijangkau transportasi komersial dan juga global network. reach by commercial transportation and the global network.
Kegiatan usaha CKB Grup juga dikontoribusikan oleh CKB Group's business activities are also contributed to its
Entitas Anak, yaitu PT Alfa Trans Raya (“ATR”), PT Baruna subsidiaries, namely PT Alfa Trans Raya (“ATR”), PT Baruna
Dirga Dharma (“BDD”), PT Dianta Daya Embara (“DDE”) dan Dirga Dharma (“BDD”), PT Dianta Daya Embara (“DDE”),
PT Pelabuhan Buana Reja (“PBR”). ATR memiliki armada and PT Pelabuhan Buana Reja (“PBR”). ATR has a fleet of
kapal pengangkut komersil yang beroperasi di wilayah commercial transport vessels operating in the territory of

Republik Indonesia sedangkan BDD dan DDE beroperasi the Republic of Indonesia, while BDD and DDE operate as
sebagai perusahaan penyedia jasa kapal angkut dan solusi providers of shipping services and stevedoring solutions for
bongkar muat (stevedoring) untuk proses transhipment the coal cargo transshipment process. At the end of 2020,
kargo batubara. Untuk memaksimalkan sinergi antar to maximize the synergy between the Subsidiaries in ABM
Entitas Anak di Grup ABM serta selaras dengan strategi Group and following the MVC strategy, PBR as the holder of
MVC pada akhir tahun 2020, PBR selaku pemegang Izin the Port Business License has completed the acquisition of
Usaha Pelabuhan telah menyelesaikan akuisisi pelabuhan the port in Bunati previously owned by TIA to maximize the
di Bunati milik TIA dalam rangka memaksimalkan potensi port's potential to obtain a concession agreement with the
pelabuhan untuk mendapatkan perjanjian konsesi dengan government to be able to serve the public interest.
pemerintah sehingga dapat melayani kepentingan umum.
SSB, sebagai perusahaan rekayasa berbasis teknologi SSB as an integrated technology-based engineering
terpadu bergerak dalam bidang industri jasa konstruksi, company is engaged in the construction services industry,
rekayasa, jasa penunjang pertambangan serta alat angkut engineering, mining support services, and mining
pertambangan, saat ini memiliki 4 bidang usaha, yaitu: transportation equipment. Currently, SSB has 4 business
fields, including:
1. Penyediaan Jasa perbaikan dan rekondisi serta 1. Repair and reconditioning services as well as on-site
layanan perbaikan di tempat. Jasa perbaikan tersedia repair services. Repair services are available in 17
di 17 wilayah yang tersebar di seluruh Indonesia dan regions throughout Indonesia while reconditioning
jasa rekondisi yang tersedia di wilayah Balikpapan dan services are available in the Balikpapan and Kuala
Kuala Kencana; Kencana areas;
2. Penyediaan perangkat pendukung alat transportasi, 2. Services for supporting equipment for transportation,
alat berat pertambangan dan logistik. Saat ini SSB heavy mining equipment, and logistics. Currently, SSB
menyediakan lebih dari 30 jenis produk untuk melayani provides more than 30 types of products to serve the
kebutuhan pelanggan dari berbagai sektor industri; needs of customers from various industrial sectors;
3. Proyek infrastruktur pertambangan yang ditujukan 3. Services for mining infrastructure projects such as
untuk merakit peralatan dengan menggunakan bahan assembling equipment using raw materials, both
baku umum hingga yang tidak umum di pasaran biasa, common and uncommon in the market, such as carbon
seperti baja karbon, titanium, baja austenitik, bahan steel, titanium, austenitic steel, super duplex materials,
super dupleks, baja cortent dan lainnya. Saat ini, SSB cortent steel, and others. Currently, SSB provides more
menyediakan lebih dari 20 jenis produk untuk melayani than 20 types of products to serve the needs of specific
kebutuhan pelanggan khusus di sektor industri customers in the mining industry sector; and
pertambangan; serta
4. Penyediaan layanan purna jual untuk produk-produk 4. After-sales service that applies to all of the Company's
yang dihasilkan sebagai bentuk komitmen kepada products as a form of commitment to customer
kepuasan pelanggan dan sekaligus standar tinggi dari satisfaction and at the same time applying high
kualitas produk yang dihasilkan. standards of product quality.

Tinjauan Keuangan Lainnya

Other Financial Reviews
Kebijakan Pembagian Dividen Dividend Distribution Policy
Dasar kebijakan pembagian dividen Perseroan The basis for the Company’s dividend distribution policy is
berlandaskan Undang-Undang No. 40 tahun 2007 tentang based on Law No. 40/2007 on Limited Liability Companies,
Perseroan Terbatas, dimana pembagian dividen dilakukan in which dividend distribution is carried out in accordance
sesuai dengan keputusan RUPS Tahunan atau RUPS with the resolution of the Annual GMS or Extraordinary
Luar Biasa. Sebelum tahun buku keuangan berakhir, GMS. Before the financial year ends, interim dividends
dividen interim dapat dibagikan sepanjang diperbolehkan may be distributed as long as permitted by the Articles of
oleh Anggaran Dasar Perseroan. Pembagian dividen Association of the Company. The distribution of interim
interim ditetapkan oleh Direksi dan disetujui oleh Dewan dividends is determined by the Board of Directors and
Komisaris. approved by the Board of Commissioners.
Selain itu, Perseroan berupaya mempertahankan rasio In addition, the Company strives to maintain a dividend
pembayaran dividen sebanyak-banyaknya 35% dari payout ratio of as much as 35% of net profit at the next
laba bersih untuk waktu selanjutnya. Hal tersebut tetap dividend payout period. This is still based on GMS approval;
didasari oleh persetujuan RUPS, namun Direksi dapat however, the Board of Directors may change the Company
sewaktu-waktu mengubah kebijakan pembagian dividen dividend distribution policy at any time. Meanwhile,
Perseroan. Sementara untuk pembayaran dividen di masa payment of dividends in the future will depend on various
yang akan datang akan bergantung pada berbagai faktor, factors, including:
di antaranya:
1. Laba ditahan, kinerja operasional dan keuangan, 1. Retained earnings, operational and financial
kondisi keuangan, kondisi likuiditas, prospek bisnis performance, financial conditions, liquidity conditions,
di masa yang akan datang, kebutuhan kas, peluang future business prospects, cash needs, business
bisnis; dan opportunities; and
2. Kepatuhan terhadap hukum dan peraturan yang 2. Compliance with applicable laws and regulations, as
berlaku, serta faktor lain yang dianggap relevan oleh well as other factors deemed relevant by the Board of
Direksi. Directors.
Pembagian dividen yang dilaksanakan Perseroan dalam 2 The dividend distribution carried out by the Company in the
tahun terakhir diungkapkan pada tabel berikut. last 2 years is disclosed in the following table.
Total Dividen per Total Dividen per

Tanggal
Tanggal Lembar Saham Tahun Rasio Dividen
Tahun Buku Pengumuman
Pembayaran Total Dividend per Total Dividends per Dividend Ratio
Fiscal Year Announcement
Payment Date Share Annum (%)
Date
(AS$/US$) (AS$/US$)
3 Mei 2019 28 Mei 2019

2018 0,00251 6.097.023 9,31
3 May 2019 28 May 2019
18 Juni 2020 22 Juli 2020
2019 0,00092 2.522.791 33,39
18 June 2020 22 July 2020

Perpajakan: Kontribusi terhadap Negara Taxes: Contribution to the State
Pada tahun 2020, Perseroan melakukan pembayaran pajak In 2020, the income tax paid by the Company was US$23.67
penghasilan mencapai AS$23,67 juta, menurun 28,32% million, decreased by 28.32% or US$9.35 million compared
atau AS$9,35 juta dibandingkan tahun sebelumnya yang to the previous year, which was recorded at US$33.02
tercatat sebesar AS$33,02 juta. million.
Program Kepemilikan Saham oleh Employees and/or Management Share

Karyawan dan/atau Manajemen (ESOP/ Ownership Program (ESOP/MSOP)
MSOP)
Program Alokasi Saham Manajemen & Karyawan (MESA) The Management & Employee Shares Allocation Program
dilakukan atas dasar Pernyataan Keputusan RUPS Secara (MESA) was carried out based on the Circular Decision of
Edaran sebagai pengganti RUPS pada 27 Juli 2011. the GMS in lieu of the GMS on 27 July 2011. This program was
Program ini merupakan bagian dari Penawaran Umum part of the Company’s Initial Public Offering initially held in
Perdana Saham Perseroan yang dilaksanakan pada 2011. 2011. The number of shares issued was no more than 10% of
Jumlah saham yang ditempatkan sebanyak-banyaknya the total public offering, or 55,063,000 shares. Management
10% dari jumlah saham penawaran umum atau 55.063.000 and employees who could take part in the MESA Program
lembar saham. Pihak manajemen dan karyawan yang were:
dapat mengikuti Program MESA yaitu: 1. Members of the Company’s Board of Commissioners and
1. Anggota Dewan Komisaris Perseroan dan Entitas Anak the Company’s Subsidiaries, except for the Independent
Perseroan, kecuali Komisaris Independen; Commissioners;
2. Anggota Direksi Perseroan dan Entitas Anak 2. Members of the Board of Directors of the Company and
Perseroan; dan its Subsidiaries; and
3. Karyawan Perseroan dan Entitas Anak Perseroan yang 3. Employees of the Company and its Subsidiaries who
memenuhi ketentuan. meet the provisions.
Perseroan mengalokasikan 14.541 lot untuk 419 karyawan The Company allocated 14,541 lots of shares for 419
dan Direksi Perseroan pada awal dilakukannya Program employees and the Board of Directors of the Company at
MESA. Atas saham MESA ini berlakukan lock up selama the beginning of the MESA Program. The MESA shares were
12 bulan dimulai dari pencatatan saham dan pesertanya subject to a 12-month lock-up starting from the listing of
hanya bisa melakukan transaksi saham MESA setelah lock shares. Participants may carry out transactions involving
up berakhir. these MESA shares upon the end of the the lock up period.
Realisasi Penggunaan Dana Hasil Use of Public Offering Proceeds

Penawaran Umum
Perseroan mendaftarkan saham pada Bursa Efek Indonesia The Company listed its shares on the Indonesia Stock
mulai 6 Desember 2011. Total saham yang ditawarkan Exchange on 6 December 2011. The total shares offered were
sebesar 550.633.000 lembar saham (termasuk 137.468.000 550,633,000 shares (including 137,468,000 founders’ shares)
lembar saham pendiri) dengan harga penawaran Rp3.750,- with an offering price of Rp3,750 per share. The Company’s
per lembar. Penawaran Umum Perdana yang dilakukan Initial Public Offering yielded net proceeds of Rp1.48 trillion.
Perseroan mendapatkan dana bersih sebesar Rp1,48 triliun. These proceeds had been fully used by 2014, which was
Hasil tersebut digunakan sepenuhnya pada 2014 yang telah reported and submitted to be approved at the 2015 AGMS.
disampaikan dan disetujui oleh RUPS Tahunan pada 2015. Subsequently, the net proceeds from the issuance of Notes
Kemudian, penerimaan neto yang diperoleh Notes digunakan had been used to repay the club deal facility (2016), long-
untuk melunasi fasilitas pinjaman club deal tahun 2016, utang term shareholders’ debt, as well as to fund the debt service
Pemegang Saham jangka panjang, mendanai debt service accrual account, and for general corporate purposes.
accrual account, dan untuk tujuan umum Perseroan.

Informasi Material Mengenai Investasi, Material Information on Investment,

Ekspansi, Divestasi, Penggabungan Expansion, Divestment, Merger,
Usaha, Akuisisi, dan/atau Acquisition, and/or Debt/Capital
Restrukturisasi Utang/Modal Restructuring
Pada tahun 2020, tidak terdapat investasi, ekspansi, In 2020, there was no investment, expansion, divestment,
divestasi, penggabungan usaha, akuisisi, dan atau business merger, acquisition, and/or debt/capital
restrukturisasi utang/modal yang dilakukan oleh restructuring carried out by the Company and its
Perseroan dan Entitas Anak. Subsidiaries.
Informasi Transaksi Material yang Information on Material Transactions

Mengandung Benturan Kepentingan with Conflicts of Interest and/or
dan/atau Transaksi dengan Pihak Transactions with Affiliated/Related
Afiliasi/Pihak Berelasi Parties
Kebijakan tentang Pihak Berelasi Policy on Related Parties

Pihak yang memiliki hubungan relasi dengan Grup ABM, A party is considered related to ABM Group, if:
jika:
1. Langsung atau tidak langsung yang melalui satu atau 1. Directly or indirectly through one or more intermediaries,
lebih perantara, suatu pihak: the party:
a. Mengendalikan atau dikendalikan oleh atau berada a. Controls or is controlled by, or is under common
di bawah pengendalian bersama dengan Grup; control with the Group;
b. Memiliki kepentingan dalam Grup yang memberikan b. Has an interest in the Group that gives it significant
pengaruh signifikan atas Grup; atau influence over the Group; or
c. Memiliki pengendalian bersama atas Perseroan; c. Has joint control over the Company;
2. Suatu pihak adalah Entitas Asosiasi Grup; 2. The party is an Associate of the Group;
3. Suatu pihak adalah Ventura Bersama di mana Grup 3. The party is a Joint Venture in which the Group is a
sebagai venture; venturer;
4. Suatu pihak adalah anggota dari personil manajemen 4. The party is a member of the key management personnel
kunci Perseroan atau Entitas Induk Grup; of the Company or its parent;
5. Suatu pihak adalah anggota keluarga dekat dari 5. The party is a close member of the family or any
individu yang diuraikan dalam butir 1 atau 4; individual described in items 1 or 4;
6. Suatu pihak adalah entitas yang dikendalikan, 6. The party is an entity that is controlled, jointly controlled
dikendalikan bersama atau dipengaruhi signifikan atau or significantly influenced by or for which significant
dimana hak suara signifikan dimiliki oleh langsung voting power in such entity resides with, directly or
maupun tidak langsung, individu seperti yang diuraikan indirectly, any individual as described in items 4 or 5;
dalam butir 4 atau 5; dan and
7. Suatu pihak adalah suatu program imbalan pasca kerja 7. The party is a post-employment benefit plan for the
untuk imbalan kerja dari Grup atau entitas yang terkait benefit of employees of the Group or of any entity
dengan Grup. related to the Group.
Nama Pihak Berelasi Bertransaksi dan Sifat Names of Related Parties to the Transaction
Hubungan and Nature of Relationship
Nama-nama pihak berelasi dan bertransaksi, beserta sifat The names of the related and transacting parties, along
hubungan dengan Grup ABM diungkapkan dalam tabel with the nature of the relationship with ABM Group, are
berikut. disclosed in the following table.

Pihak yang Berelasi Sifat Hubungan Sifat Transaksi

Related Parties Nature of Relationship Nature of Transaction
PT Tiara Marga Trakindo ("TMT") Entitas yang mempunyai pengaruh Piutang usaha; utang usaha; utang non-usaha;
signifikan terhadap Grup / Entity that has a sewa ruang kantor, tempat parkir dan kendaraan;
significant influence on the Group sewa alat berat; dan biaya keuangan / Trade
receivables; trade payables; non-tade payable;
rented office space, parking spaces and vehicles;
rented heavy equipment, and finance charges
Pan Terra Pte Ltd, Singapura Entitas yang dikendalikan oleh Pemegang Utang usaha serta pembelian suku cadang dan
Saham Grup / Entity controlled by the Group lain-lain / Trade payables and purchase of spare
Shareholders parts and others
PT Trakindo Utama Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; piutang non-usaha; utang
controlled by TMT usaha; utang non-usaha; uang muka pelanggan;
pendapatan dari kontrak dengan pelanggan;
pembelian aset tetap; sewa ruang kantor, tempat
parkir dan kendaraan; pembelian suku cadang dan
lain-lain; biaya keterlambatan pembayaran; sewa
alat berat, liabilitas sewa; dan biaya keuangan /
Trade receivables; non-trade receivables; trade
payables; non-trade payables; advances from
customers; revenue from contracts with customers;
purchase of fixed assets; rented office space,
parking spaces and vehicles; late payment charges;
rented heavy equipment, lease liabilities; and
finance charges
PT Chandra Sakti Utama Leasing Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; utang usaha; utang non-usaha;
controlled by TMT liabilitas sewa; pendapatan dari kontrak dengan
pelanggan; pembelian jasa teknologi dan informasi;
serta biaya keuangan / Trade receivables; trade
payables; non-trade payables, lease liabilities,
revenue from contracts with customers; purchase
of technology and information services; and finance
charges
PT Chakra Jawara Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; piutang non-usaha; utang usaha;
controlled by TMT utang non-usaha; pendapatan dari kontrak dengan
pelanggan; pembelian aset tetap; pembelian suku
cadang dan lain-lain; serta sewa alat berat / Trade
receivables; non-trade receivables; trade payables;
revenue from contracts with customers; purchase
of fixed assets; purchase of spare parts and others;
and rented heavy equipment
PT Chitra Paratama Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; piutang non-usaha; utang usaha;
controlled by TMT pendapatan dari kontrak dengan pelanggan;
pembelian aset tetap; pembelian suku cadang dan
lain-lain; serta sewa alat berat / Trade receivables;
non-trade receivables; trade payables; revenue
from contracts with customers; purchase of fixed
assets; purchase of spare parts and others; and
rented heavy equipment
PT Tri Swardana Utama Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; utang usaha; pendapatan dari
controlled by TMT kontrak dengan pelanggan; pembelian aset tetap;
serta pembelian suku cadang dan lain-lain /
Trade receivables; trade payables; revenue from
contracts with customers; purchase of fixed assets;
and purchase of spare parts and others
PT Triyasa Propertindo Entitas yang dikendalikan oleh TMT / Entity Utang usaha; utang non-usaha; serta sewa ruang
controlled by TMT kantor, tempat parker, dan kendaraan / Trade
payables; non-trade payables; and rented office
space, parking spaces and vehicles

Pihak yang Berelasi Sifat Hubungan Sifat Transaksi

Related Parties Nature of Relationship Nature of Transaction
PT Mitra Solusi Telematika Entitas yang dikendalikan oleh TMT / Entity Piutang usaha; utang usaha; utang non-usaha;
controlled by TMT pendapatan dari kontrak dengan pelanggan;
sewa ruang kantor, tempat parkir dan kendaraan;
pembelian aset tak berwujud; pembelian jasa
teknologi dan informasi; pembelian suku cadang dan
lain-lain; liabilitas sewa; dan biaya keuangan / Trade
receivables; trade payables; non-trade payables;
revenue from contracts with customers; rented
office space, parking spaces and vehicles; purchase
of intangible assets, purchase of technology and
information services; purchase of spare parts and
others; lease liabilities; and finance charges
Dana Pensiun PT Trakindo Utama Entitas yang dikendalikan oleh TMT / Entity Program pensiun manfaat pasti / Defined benefits
controlled by TMT pension plans
PT Karya Kharisma Mandiri Entitas yang dikendalikan oleh TMT / Entity Utang usaha dan sewa alat berat / Trade payables
controlled by TMT and rented heavy equipment
PT Multi Harapan Utama Entitas yang dikendalikan oleh AHK Piutang usaha; piutang non-usaha; pendapatan
Holdings Pte Ltd, Singapura / Entity dari kontrak dengan pelanggan; dan pendapatan
controlled by AHK Holdis Pte Ltd, Singapore jasa konsultasi / Trade receivables; non-trade
receivables; revenue from contracts with
customers; and consultation fee income
PT Sumberdaya Sewatama Entitas yang dikendalikan oleh AHK Piutang usaha; piutang non-usaha; utang usaha;
Holdings Pte Ltd, Singapura / Entity utang non-usaha; pembelian aset tetap; pembelian
controlled by AHK Holdis Pte Ltd, Singapore suku cadang dan lain-lain; sewa alat berat; uang
muka pelanggan; pendapatan dari kontrak dengan
pelanggan; serta sewa ruang kantor, tempat parkir
dan kendaraan / Trade receivables; non-trade
purchase of fixed assets; rented heavy equipment;
advances from customers; revenue from contracts
with customers; and rented office space, parking
spaces and vehicles
PT Energi Alamraya Semesta Entitas yang dikendalikan oleh AHK Piutang usaha / Trade receivables
Holdings Pte Ltd, Singapura / Entity
controlled by AHK Holdis Pte Ltd, Singapore
PT Agro City Kaltim Entitas yang dikendalikan oleh AHK Piutang non-usaha / Non-trade receivables
Holdings Pte Ltd, Singapura / Entity
controlled by AHK Holdis Pte Ltd, Singapore
PT Wargi Santosa Entitas yang dikendalikan oleh AHK Piutang usaha; piutang non-usaha; utang usaha;
Holdings Pte Ltd, Singapura / Entity utang non-usaha; liabilitas sewa; pendapatan dari
controlled by AHK Holdis Pte Ltd, Singapore kontrak dengan pelanggan; sewa alat berat; serta
biaya keuangan / Trade receivables; non-trade
lease liabilities; revenue from contracts with
customers; rented heavy equipment; and finance
charges
PT SSB Sammitr Distribution Entitas Asosisasi melalui SSB / Associated Uang muka pelanggan / Advances from customers
Entity through SSB
Dewan Komisaris dan Direksi / Manajemen kunci Perseroan / Company’s Gaji dan imbalan kerja jangka pendek / Short-term
Board of Commissioners and Board Key Management salary and employee benefits
of Directors
Penjelasan Kewajaran Transaksi Explanation of Transaction Fairness

Dalam kegiatan usaha normal, Perseroan melakukan In normal business activities, the Company carries out
transaksi dengan pihak-pihak berelasi. Entitas dianggap transactions with related parties. An entity is considered a
sebagai pihak yang berelasi dengan Grup ABM karena related party of ABM Group due to the common ownership.
adanya kesamaan pemilik. Harga jual atau beli antara The selling or buying price between the related parties is
pihak-pihak berelasi ditentukan berdasarkan harga yang determined based on the price agreed by both parties.
disepakati oleh kedua belah pihak.

Alasan Dilakukannya Transaksi Reasons for Conducting Transactions

Transaksi dengan pihak-pihak berelasi dilakukan sejalan Transactions with related parties are carried out in line with
dengan kebutuhan pengembangan operasional dan the operational development needs and business activities
kegiatan bisnis Grup ABM. of ABM Group.
Realisasi Transaksi dan Saldo Transaksi Realization of Transactions and Transaction

Balances
Realisasi transaksi dan saldo transaksi dengan pihak-pihak The actual transactions and transactional balances with
berelasi dan manajemen kunci, serta sifat hubungannya related parties and the key management, and the nature of
diungkapkan dalam tabel berikut. the relationships are disclosed in the following table.
Saldo dan Transaksi yang Signifikan dengan Pihak Berelasi Tahun Buku 31 Desember 2020 dan 31 Desember 2019
Significant Balances and Transactions with Related Parties in the 31 December 2020 and 31 December 2019 Fiscal Years
2020 2019 Persentase dari Total Aset

Saldo dan Transaksi Pihak Berelasi dalam Aset Percentage of Total Assets
(AS$-ribu) (AS$-ribu)
Balances and Transactions with Related Parties in (%)
US$ US$
Assets
thousand thousand 2020 2019
Piutang Usaha / Trade Receivables 33.325 29.476 4,03 3,45
Piutang Non-Usaha / Non-Trade Receivables 5.806 2.481 0,70 0,29
Pembelian Aset Tetap / Purchase of Fixed Assets 6.928 8.198 0,84 0,96
Pembelian Aset Tak Berwujud / Purchase of Intangible Assets - 1.404 0,00 0,16
Total Aset dari Pihak-Pihak Berelasi / Total Assets from
46.059 41.559 5,57 4,87
Related Parties
Total Aset / Total Assets 827.238 854.229
2020 2019 Persentase dari Total Liabilitas

Saldo dan Transaksi Pihak Berelasi dalam Liabilitas Percentage of Total Liabilities
Balances and Transactions with Related Parties in (%)
US$ US$
Liabilities
thousand thousand 2020 2019
Utang Usaha / Trade Payables 60.104 40.107 9,03 6,59
Utang Non-Usaha / Non-Trade Payables 4.939 6.891 0,74 1,13
Uang Muka Pelanggan / Advances From Customers 3.406 2.609 0,51 0,43
Liabilitas Sewa / Lease Liabilities 19.622 11.943 2,95 1,96
Total Liabilitas dari Pihak-Pihak Berelasi / Total Liabilities
88.071 61.550 13,23 10,11
from Related Parties
Total Liabilitas / Total Liabilities 665.488 609.035
Persentase dari Total

Pendapatan dari Kontrak
Saldo dan Transaksi Pihak Berelasi dalam 2020 2019 dengan Pelanggan
Pendapatan dari Kontrak dengan Pelanggan (AS$-ribu) (AS$-ribu) Percentage of Total Revenue
Balances and Transactions with Related Parties US$ US$ from Contracts with Customers
in Revenue from Contracts with Customers thousand thousand (%)
2020 2019
Pendapatan dari kontrak dengan pelanggan - Pihak Berelasi /
108.652 94.096 17,92 15,88
Revenue from contracts with customers - Related Parties

Persentase dari
Saldo dan Transaksi Pihak Berelasi 2020 2019 Total Beban Terkait
dalam Beban Terkait (AS$-ribu) (AS$-ribu) Percentage of Total Respective
Related Party Balances and Transactions US$ US$ Expenses
in Respective Expenses thousand thousand (%)
2020 2019
Sewa Ruang Kantor, Tempat Parkir, dan Kendaraan / Office
1.049 1.441 0,21 0,29
Space, Parking Space, and Vehicle Rental
Sewa Alat Berat / Heavy Equipment Rental 26.078 17.138 5,17 3,53
Pembelian Jasa Teknologi dan Informasi /Technology and
3.082 2.670 5,70 4,58
Information Services Purchases
Pembelian Suku Cadang dan Lain-Lain / Spare Parts and
74.243 17.184 14,70 3,54
Miscellaneous Purchases
Biaya Keuangan / Finance Charges 1.885 1.143 4,30 3,13
Biaya Keterlambatan Pembayaran / Late Payment Charges - 2.331 0,00 35,65
Persentase dari Total

Saldo dan Transaksi Pihak Berelasi 2020 2019 Pendapatan Lainnya
dalam Pendapatan Lainnya (AS$-ribu) (AS$-ribu) Percentage of Total
Balance and Transactions of Related Parties US$ US$ Other Income
in Other Income thousand thousand (%)
2020 2019
Pendapatan Jasa Konsultasi / Consultation Fee Income 3.796 156 30,00 1,48
2020 2019
Transaksi dengan Manajemen Kunci
Transactions with Key Management Personnel
US$ thousand US$ thousand
Gaji dan Imbalan Kerja Jangka Pendek Dewan Komisaris dan Direksi / Salaries and Other Short-
4.279 4.494
Term Employee Benefits of the Board of Commissioners and Directors
Kebijakan Perusahaan terkait Mekanisme Company Policy regarding the Review

Review atas Transaksi Mechanism for Transactions
Perseroan melakukan mekanisme review atas transaksi The Company conducts a review mechanism on
dengan pihak-pihak berelasi melalui proses audit yang transactions with related parties through an audit process
dilakukan oleh akuntan publik dan dipublikasikan. conducted by a public accountant and after which is
Mekanisme ini didasari pada Pernyataan Standar published. This mechanism is based on the Statement of
Akuntansi Keuangan (PSAK) pasal 7 (revisi 2014) tentang Financial Accounting Standards (PSAK) article 7 (revised
Pengungkapan Pihak-Pihak Berelasi. 2014) on Related Party Disclosures.
Pemenuhan Peraturan dan Ketentuan Fulfillment of Related Regulations and

Terkait Conditions
Perseroan berupaya memenuhi peraturan dan ketentuan The Company seeks to comply with the regulations and
terkait Standar Akuntansi Keuangan (SAK) yang berlaku di provisions related to Financial Accounting Standards (SAK)
Indonesia dengan melakukan pengungkapan PSAK pasal 7 in effect in Indonesia by disclosing PSAK article 7 (revised
(revisi 2014) tentang Pengungkapan Pihak-Pihak Berelasi 2014) on Related Party Disclosures, described in the
yang dijelaskan dalam Laporan Keuangan Perseroan tahun Company’s 2020 Audited Financial Statements.
2020 yang telah diaudit oleh akuntan publik.

Informasi Keuangan yang Mengandung Financial Information Containing

Kejadian Bersifat Luar Biasa dan Jarang Extraordinary and Rare Events
Terjadi
Sepanjang tahun 2020, Grup ABM masih menghadapi Throughout 2020, ABM Group was still facing uncertainties
kondisi ketidakpastian akibat penyebaran Covid-19, due to the spread of Covid-19 as described in the Information
sebagaimana diuraikan pada bagian Informasi dan Fakta and Material Facts Subsequent to the Accountant’s Report
Material Setelah Tanggal Laporan Akuntan. Date section.
Perubahan Peraturan Perundang- Changes in Regulations and Their

undangan dan Dampaknya terhadap Impact on Company Performance
Kinerja Perusahaan
Dampak bagi ABM

Impact on ABM Penyesuaian
Peraturan Hal yang Diatur
yang Dilakukan
Regulations Regulated Matters Kualitatif Kuantitatif Adjustments
Qualitative Quantitative
Undang-Undang • Peningkatan ekosistem investasi dan • Meningkatkan Masih dalam proses Melakukan
No. 11 Tahun 2020 berusaha; tingkat analisa. / Still being pemantauan
tentang Cipta Kerja / • Ketenagakerjaan; kepatuhan; dan analyzed. atas peraturan
Law No. 11/2020 on • Kemudahan, perlindungan, serta • Memberikan pelaksanaan dari
Job Creation pemberdayaan koperasi dan usaha kemudahan yang Undang-Undang
mikro kecil menengah (UMKM); mendukung No. 11 Tahun 2020
• Kemudahan berusaha; aktivitas tentang Cipta Kerja
• Dukungan riset dan inovasi; operasional. untuk kemudian
• Pengadaan Tanah; ditindaklanjuti
• Kawasan ekonomi; • Increasing dengan penyesuaian
• Investasi Pemerintah Pusat dan compliance; and atau perubahan
percepatan proyek strategis nasional; • Facilitating atas hal-hal yang
• Pelaksanaan administrasi operational berdampak pada
pemerintahan; dan activities. pelaksanaan
• Pengenaan sanksi. kegiatan usaha
perusahaan. /
• Improvement of the investment and Monitoring the
business ecosystem; implementing
• Employment; regulations of
• Ease of doing business, protection, Law No. 11/2020
and empowerment of cooperatives and on Job Creation
micro, small and medium enterprises to subsequently
(UMKM); be followed up
• Ease of doing business; with adjustments
• Research and innovation support; or changes to
• Land Acquisition; matters that have
• Economic zones; an impact on the
• Central Government investment and implementation
acceleration of national strategic of the Company's
projects; business activities.
• Administration of government
services; and
• Imposition of sanctions.

Perubahan Kebijakan Akuntansi dan Changes in Accounting Policies and

Dampaknya terhadap Perusahaan Their Impact on Company Performance
Perubahan kebijakan akuntansi dan dampaknya terhadap Changes in accounting policies effective from 1 January
Perseroan yang efektif berlaku sejak 1 Januari 2020 2020 onwards and their impact on the Company are
diuraikan sebagai berikut. described as follows.
ISAK/ Dampak bagi ABM

Konsekuensi dan
Amandemen Impact on ABM
Penyesuaian yang
PSAK Ikhtisar Ringkas
Dilakukan
ISAK/ Brief Overview Kualitatif Kuantitatif Consequences and
Amendments Qualitative Quantitative Adjustments
to PSAK
PSAK 71: Menggantikan PSAK 55: Berdasarkan PSAK 71, Grup telah dengan Penurunan saldo awal
Instrumen Instrumen Keuangan: instrumen utang selanjutnya hati-hati menganalisa piutang usaha sebesar
Keuangan / Pengakuan dan Pengukuran diukur pada nilai wajar melalui saldo piutang usahanya AS$1,29 juta, piutang
PSAK 71: untuk periode tahun yang laba rugi, biaya diamortisasi, sehingga dampak non-usaha AS$187 ribu
Financial dimulai pada atau setelah 1 atau nilai wajar melalui penerapan PSAK 71 dan investasi saham
Instruments Januari 2020, di mana PSAK penambahan komprehensif terhadap saldo piutang menjadi AS$20,03
tersebut menggabungkan lain (other comprehensive usaha tidak berdampak juta dikarenakan
ketiga aspek akuntansi income/OCI). Klasifikasi signifikan terhadap penurunan nilai untuk
untuk instrument keuangan: tersebut didasarkan pada kinerja keuangan aset keuangan Grup
klasifikasi dan pengukuran, 2 kriteria:, yaitu model perusahaan. Untuk yang disebakan oleh
penurunan nilai, dan bisnis Grup untuk mengelola akun investasi terdapat implementasi PSAK 71. /
akuntansi lindung nilai. / aset; dan apakah arus kas penurunan menjadi There was a decrease
Replaces PSAK 55: Financial kontraktual instrumen AS$20,03 juta. / in the opening balance
Instruments: Recognition mewakili “pembayaran pokok The Group has carefully of trade receivables
and Measurement for annual dan bunga semata-mata analyzed its trade amounting to US$1.29
periods beginning on/after (SPPI)” dari jumlah pokok receivables balances million, non-trade
1 January 2020, bringing terutang. / so that the impact of receivables amounting
together all three aspects of Under PSAK 71, debt the application of PSAK to US$187 thousand,
the accounting for financial instruments are subsequently 71 on trade receivables and investment in
instruments: classification and measured at fair value through does not have a shares to US$20.03
measurement, impairment, profit or loss, amortized cost, significant impact million. This was owing
and hedge accounting. or fair value through other on the Company's to impairment for
comprehensive income (OCI). financial performance. the Group's financial
The classification is based on Therefore, in this case, assets due to the
2 criteria, namely the Group's the Company recorded implementation of
business model for managing a decrease in its PSAK 71.
assets and whether the investment account to
instrument's contractual cash US$20.03 million.
flows represent payment of
principal and interest (SPPI)
on the principal amount
outstanding.


Konsekuensi dan
Penyesuaian yang
Dilakukan
to PSAK
PSAK 72: Menggantikan PSAK 34: PSAK 72 mengharuskan Perubahan tidak Perubahan tidak
Pendapatan Kontrak Konstruksi, PSAK 23: entitas untuk melakukan berdampak signifikan berdampak signifikan
dari Kontrak Pendapatan dan Interpretasi pertimbangan, dengan pada Laporan pada Laporan
dengan terkait dan berlaku, dengan mempertimbangkan semua Keuangan Grup. / Keuangan Grup. /
Pelanggan / pengecualian terbatas, fakta dan keadaan yang The changes do not The changes do not
PSAK 72: untuk semua pendapatan relevan ketika menerapkan have a significant have a significant
Revenue from yang timbul dari kontrak setiap langkah model untuk impact on the Group impact on the Group
Contracts with dengan pelanggan. PSAK 72 membuat kontrak dengan Financial Statements. Financial Statements.
Customers menetapkan model 5 langkah pelanggan mereka. Standar ini
untuk memperhitungkan juga menetapkan akuntansi
pendapatan yang timbul dari untuk biaya tambahan untuk
kontrak dengan pelanggan memperoleh kontrak dan
dan masyarakat bahwa biaya yang terkait langsung
pendapatan diakui pada dengan pemenuhan kontrak.
jumlah yang mencerminkan Selain itu, standar tersebut
imbalan yang diharapkan membutuhkan pengungkapan
entitas berhak sebagai yang luas. /
imbalan atas transfer barang PSAK 72 requires entities to
dan jasa kepada pelanggan. / exercise judgment by taking
Supersedes PSAK 34: into account all relevant
Construction Contracts, PSAK facts and circumstances
23: Revenue and related when applying each step of
interpretations and it applies, the contract model to their
with limited exceptions, to all customers. This standard also
revenue arising from contracts specifies the accounting for
with customers. PSAK 72 additional costs of obtaining
establishes a five-step model a contract and costs that are
to account for revenue arising directly related to fulfilling a
from contracts with customers contract. Furthermore, these
and requires that revenue be standards require broad
recognized at an amount that disclosure.
reflects the consideration
to which an entity expects
to be entitled in exchange
for transferring goods and
services to a customer.


Konsekuensi dan
Penyesuaian yang
Dilakukan
to PSAK
PSAK 73: Menggantikan PSAK 30: Sewa, Grup menerapkan PSAK 73 Grup harus mengakui Penambahan Aset
Sewa / ISAK 8: Penentuan apakah dengan menggunakan metode Aset Hak Guna dan Group yaitu Aset hak-
PSAK 73: suatu perjanjian mengandung penerapan retrospektif yang Liabilitas Sewa pada 1 guna sebesar AS$44,19
Leases suatu sewa, ISAK 23: Sewa dimodifikasi dengan tanggal Januari 2020. / juta dan penambahan
Operasi-Insentif dan ISAK 24: penerapan awal 1 Januari The Group must liabilitas pada Liabilitas
Evaluasi Substansi Beberapa 2020. Berdasarkan metode recognize the Right to sewa sebesar
Transaksi yang Melibatkan ini, standar diterapkan secara Use Assets and Lease AS$29,69 juta. /
Suatu Bentuk Legal Sewa. retrospektif dengan efek Liabilities on 1 January An addition to the
Standar tersebut menetapkan kumulatif dari penerapan 2020. Group’s Assets was
prinsip-prinsip untuk awal standar yang diakui pada Right to Use Assets
pengakuan, pengukuran, tanggal penerapan awal. Grup amounting to US$44.19
penyajian, dan pengungkapan memilih untuk menggunakan million, and additional
sewa dan mengharuskan kebijaksanaan praktis transisi liabilities were in the
penyewa untuk mengakui untuk tidak menilai kembali form of Lease Liabilities
sebagian besar sewa di apakah suatu kontrak adalah, amounting to US$29.69
Laporan Posisi Keuangan. / atau berisi sewa pada tanggal million.
Supersedes PSAK 30: Leases, 1 Januari 2020. Sebaliknya,
ISAK 8: Determining whether Grup menerapkan standar
an agreement contains a hanya untuk kontrak yang
lease, ISAK 23: Operating sebelumnya diidentifikasi
leases-Incentive, and ISAK 24: sebagai sewa yang
Evaluation of the Substance menerapkan PSAK 30 dan ISAK
of Transactions Involving 8 pada tanggal aplikasi awal. /
the Legal Form of a Lease. The Group applies PSAK
The standard sets out the 73 using the modified
principles for the recognition, retrospective method with
measurement, presentation, an initial application date
and disclosure of leases and of 1 January 2020. Under
requires lessees to recognize this method, the standards
most leases on the Statement are applied retrospectively
of Financial Position. with the cumulative effect
of the initial adoption of the
standards recognized at
the initial application date.
The Group decided to use a
transitional practical policy so
as not to reassess whether a
contract is, or contains a lease
on 1 January 2020. Instead,
the Group applies the standard
only to contracts previously
identified as leases that apply
PSAK 30 and ISAK 8 at the date
of initial application.

Informasi Kelangsungan Usaha

Business Continuity Information
Hal yang Berpengaruh Signifikan Matters that Significantly Affect

terhadap Kelangsungan Usaha Business Continuity
Selama tahun 2020, tidak terjadi hal apapun baik internal Based on the results of the risk assessment carried out by
ataupun eksternal yang memiliki pengaruh besar terhadap the Company Risk Management Unit in 2020, no incidents
kegiatan operasional Perseroan. Hal tersebut didasari atas happened either internally or externally that had a major
hasil penilaian risiko yang dilakukan oleh Unit Manajemen influence on its operational activities throughout the year.
Risiko Perseroan di tahun 2020.
Assessment Manajemen untuk Mengelola Management Assessment to Manage

Potensi yang Berpengaruh Signifikan Potentially Significant Influences
Pihak manajemen telah melakukan penilaian terhadap The management had assessed the Company’s ability to
kemampuan Perseroan untuk melanjutkan kegiatan usaha continue its future business activities supported by the
di masa depan yang didukung dengan rancangan bisnis business plan submitted in the 2020 business development
yang telah disampaikan dalam strategi pengembangan strategy. Based on the results of the assessment, the
usaha di tahun 2020. Berdasarkan hasil penilaian, Company did not find uncertainties that could potentially
Perseroan tidak menemukan ketidakpastian material affect the Company’s ability to continue its business
yang dapat memengaruhi kemampuan Perseroan untuk activities.
melanjutkan kegiatan usaha.
Asumsi yang Digunakan Manajemen Assumptions Used by Management in

dalam Assessment the Assessment
Asumsi yang digunakan oleh manajemen untuk The assumptions employed by management to carry out
melaksanakan assessment, yaitu: the assessment are:
1. Kinerja keuangan; 1. Financial performance;
2. Kinerja operasional; 2. Operational performance;
3. Struktur modal; 3. Capital structure;
4. Regulasi; 4. Regulation;
5. Berbagai risiko , seperti: 5. Various risks, such as:
a. Risiko bisnis; a. Business risk;
b. Risiko operasional; b. Operational risk;
c. Risiko kepatuhan/legal; c. Compliance/legal risks;
d. Risiko keuangan; serta d. Financial risk; and
e. Risiko-risiko lainnya yang berdampak dari faktor e. Other risks influenced by external factors.
eksternal.


Tata Kelola
Perusahaan
Good Corporate
Governance
Pencapaian Implementasi GCG 2020

2020 GCG Implementation Achievements
Perumusan Dasar-Dasar Integrasi Governance,

Risk, and Compliance (GRC)
Formulation of Governance, Risk, and Compliance
(GRC) Integration Foundations
Penguatan Praktik Anti-Fraud

Anti-Fraud Practice Reinforcement
Penguatan Struktur GCG

GCG Structure Reinforcement
Pengembangan Internal Audit Management

System (IAMS)
Internal Audit Management System (IAMS)
Development

Pentingnya Implementasi Tata Kelola Perusahaan

Importance of Good Corporate Governance Implementation
Tata kelola perusahaan yang baik (good corporate Good corporate governance (GCG) is a mechanism that
governance/GCG) merupakan serangkaian mekanisme directs and controls the Company's business activities
yang mengarahkan dan mengendalikan aktivitas bisnis professionally based on the principles of transparency,
perusahaan secara profesional dengan berlandaskan accountability, responsibility, independence, as well as
pada asas transparansi, akuntabilitas, responsibilitas, fairness and equality. Through these five principles, the
independen, serta kewajaran dan kesetaraan. Melalui implementation of GCG in the Company is expected to:
kelima asas tersebut, implementasi GCG di Perseroan
diharapkan berperan untuk:
1. Mendukung etika kerja dan pengambilan keputusan 1. Support work ethics and accountable decision-making
yang dapat dipertanggungjawabkan melalui kegiatan through supervisory and controlling activities;
pengawasan dan pengendalian;
2. Mendukung integritas dalam pelaporan keuangan dan 2. Supportintegrity in financial reporting and adequate
pengelolaan risiko yang layak; dan risk management; and
3. Mengatur pola hubungan dengan pemangku 3. Regulate its relationships with stakeholders while
kepentingan yang disesuaikan dengan etika. upholding ethics.
Berdasarkan pemahaman tersebut, Perseroan Based on this understanding, the Company refers to GCG as
memosisikan GCG sebagai fondasi utama dalam the main foundation in dealing withbusiness development
menghadapi perkembangan dan persaingan usaha and the increasingcompetition, maintaining long-term
semakin kompetitif, menjaga keberlangsungan usaha business continuity, and providing optimal benefits for all
jangka panjang, serta mampu memberikan manfaat yang stakeholders. The Company also continues to evaluate and
optimal bagi seluruh pemangku kepentingan. Perseroan improve the implementation of GCG across its business
juga senantiasa melakukan evaluasi serta perbaikan lines.
terhadap penerapan GCG di seluruh lini usaha yang
dijalankan.

TATA KELOLA PERUSAHAAN ··· GOOD CORPORATE GOVERNANCE
Dasar Penerapan Tata Kelola Perusahaan

Good Corporate Governance Basic Implementation
Penerapan GCG di Perseroan mengacu pada ketentuan- The implementation of GCG in the Company refers to the
ketentuan berikut, antara lain: following provisions:
1. Undang-Undang Dasar Negara Republik Indonesia 1. 1945 Constitution of the Republic of Indonesia;
Tahun 1945;
2. Undang-Undang No. 40 Tahun 2007 tentang Perseroan 2. Law No. 40/2007 on Limited Liability Companies;
Terbatas;
3. Undang-Undang Republik Indonesia No. 8 Tahun 1995 3. Republic of Indonesia Law No. 8/1995 on Capital
tentang Pasar Modal; Markets;
4. Peraturan Otoritas Jasa Keuangan No. 15/ 4. OJK Regulation No. 15/POJK.04/2020 on the Planning
POJK.04/2020 tentang Rencana dan Penyelenggaraan and Implementation of General Meeting of Shareholders
Rapat Umum Pemegang Saham Perusahaan Terbuka; of Public Companies;
5. Peraturan Otoritas Jasa Keuangan No. 33/ 5. Financial Services Authority Regulation
POJK.04/2014 tentang Direksi dan Dewan Komisaris No. 33/POJK.04/2014 on Board of Directors and Board
Emiten atau Perusahaan Publik; of Commissioners Issuer or Public Companies;
POJK.04/2014 tentang Komite Nominasi dan No. 34/POJK.04/2014 on the Nomination and
Remunerasi Emiten atau Perusahaan Publik; Remuneration Committee of Issuers or Public Companies;
POJK.04/2014 tentang Sekretaris Perusahaan Emiten No. 35/POJK.04/2014 on Corporate Secretary of Issuers
atau Perusahaan Publik; or Public Companies;
POJK.04/2015 tentang Pembentukan dan Pedoman No. 55/POJK.04/2015 on the Establishment and Guidelines
Pelaksanaan Kerja Komite Audit; for the Work Implementation of the Audit Committee;
POJK.04/2015 tentang Pembentukan dan Pedoman No. 56/POJK.04/2015 on the Establishment and Guidelines
Penyusunan Piagam Unit Audit Internal; for the Preparation of Internal Audit Unit Charter;
10. Peraturan Otoritas Jasa Keuangan No. 29/POJK.04 10. Financial Services Authority Regulation
2016 tentang Laporan Tahunan Emiten atau No. 29/POJK.04/2016 on Annual Report of Issuers or
Perusahaan Publik dan Surat Edaran Otoritas Jasa Public Companies and Financial Services Authority
Keuangan No. 30/ SEOJK.04/2016 tentang Bentuk dan Circular No. 30/ SEOJK.04/2016 on Form and Content of
Isi Laporan Tahunan Emiten atau Perusahaan Publik; Issuers or Public Companies’ Annual Report;
11. Surat Edaran Otoritas Jasa Keuangan No. 32/ 11. Financial Services Authority Circular
SEOJK.04/2015 tentang Pedoman Tata Kelola No. 32/ SEOJK.04/2015 on Corporate Governance
Perusahaan Terbuka; Guidelines for Public Companies;
12. Pedoman Umum GCG Indonesia yang dikeluarkan 12. General Guidelines for GCG in Indonesia issued by the
oleh Komite Nasional Kebijakan Governance (KNKG) National Committee on Governance Policy (KNKG)
dengan memperhatikan ASEAN Corporate Governance with due regard to the ASEAN Corporate Governance
Scorecard (ACGS); Scorecard (ACGS);
13. Roadmap Tata Kelola Perusahaan Indonesia yang 13. Indonesian Corporate Governance Roadmap issued by
dikeluarkan Otoritas Jasa Keuangan; Financial Services Authority;
14. Anggaran Dasar Perseroan; dan 14. Company’s Articles of Association; and
15. Pedoman dan kebijakan perusahaan lainnya. 15. Other guidelines and policies of the Company.

Penerapan Asas Tata Kelola Perusahaan

Implementation of Good Corporate Governance Principles
Penerapan asas-asas GCG di Perseroan diuraikan sebagai The implementation of GCG principles in the Company is
berikut. described as follows.
Asas Penjelasan Penerapan di Lingkup ABM

Principle Description Implementation in ABM
Transparansi Keterbukaan dalam mengemukakan • Menyusun Rencana Kerja dan Anggaran Perseroan Tahunan;
Transparency informasi material yang relevan, tepat, • Membuat Laporan Tahunan dan Laporan Keberlanjutan;
jelas, dan akurat, serta mudah dipahami serta
oleh Pemegang Saham dan pemangku • Mempublikasikan Laporan Keuangan, baik tahunan,
kepentingan lainnya. semesteran, ataupun triwulan di situs web Perseroan.
Transparency in presenting material • Compilation of Annual Company Work Plans and Budgets;
information that is relevant, precise, clear • Compilation of Annual Reports and Sustainability Reports;
and accurate, and easily understood by and
Shareholders and other stakeholders. • Publication of Financial Statements (annual, semester, and
quarterly).
Akuntabilitas Kejelasan fungsi, pelaksanaan, dan Menerapkan 3 tingkatan akuntabilitas dalam setiap aktivitas,
Accountability pertanggungjawaban organ perusahaan meliputi:
agar pengelolaan dapat terlaksana secara • Akuntabilitas korporasi;
efisien. • Akuntabilitas tim; dan
Clarity on the functions, implementation, • Akuntabilitas individual.
and accountability of the Company's organs Implementation of 3 levels of accountability in each activity,
so management activities can be carried out including:
efficiently. • Corporate accountability;
• Team accountability; and
• Individual accountability.
Responsibilitas Kesesuaian pengelolaan aktivitas usaha • Mematuhi ketentuan Anggaran Dasar dan peraturan
Responsibility perusahaan terhadap peraturan yang perundang-undangan;
berlaku serta bertanggung jawab dalam • Melaksanakan tanggung jawab sosial perusahaan; serta
melaksanakan tanggung jawab terhadap • Melaksanakan kewajiban terkait keterbukaan informasi
masyarakat dan lingkungan. sesuai regulasi yang ditetapkan.
Alignment of the management of the • Compliance with the provisions of the Articles of Association
Company's business activities with and applicable laws and regulations;
the applicable regulations, and social • Implementation of Corporate Social Responsibility; and
responsibility towards the community and • Fulfillment of obligations related to information disclosure in
the environment. accordance with the regulations.
Independensi Ketentuan Perseroan terkait pengelolaan Menciptakan profesionalisme dan kreativitas dalam mengelola
Independency dilakukan secara profesional tanpa ada perusahaan, melalui prinsip kemandirian dengan cara:
benturan kepentingan dan intervensi atau • Menghormati hak, kewajiban, tugas, wewenang, serta
tekanan dari pihak manapun. tanggung jawab seluruh organ Perseroan; dan
Provisions of the Company's management • Meminimalisir terjadinya benturan kepentingan dalam
are carried out professionally without any pengambilan keputusan oleh Dewan Komisaris, Direksi, dan
conflict of interest and intervention or seluruh karyawan.
pressure from any party. Fostering of professionalism and creativity in managing the
Company, by applying independence by:
• Respecting the rights, obligations, duties, authority, and
responsibilities of all the Company’s bodies; and
• Minimizing conflicts of interest in decision making by the Board
of Commissioners, Board of Directors, and all employees.

Asas Penjelasan Penerapan di Lingkup ABM

Principle Description Implementation in ABM
Kewajaran Kesetaraan dan keadilan bagi Pemegang • Memberikan kesempatan kepada Pemegang Saham untuk
Fairness Saham dan pemangku kepentingan lainnya menghadiri dan memberikan pendapat dalam RUPS sesuai
sesuai dengan peraturan perundang- dengan ketentuan yang berlaku;
undangan. • Memperlakukan seluruh mitra kerja secara adil dan
Equal and fair treatment to all Shareholders transparan; serta
and Stakeholders in compliance with the • Menciptakan suasana kerja yang kondusif bagi seluruh
laws and regulations. karyawan.
• Provision of opportunities for shareholders to attend and
give their input in the GMS in accordance with applicable
regulations;
• Respect for all partners in a fair and transparent manner; and
• Fostering of a conducive atmosphere and work environment
for all employees.
Pilar Tata Kelola Perusahaan

Corporate Governance Pillars
Highly Valued Company/Group

(Financial and Repupation)
Sustainable Business Performance and Growth
Infrastruktur GCG Oversight: Internal Audit (Post) + GCG Assessment

GCG Infrastructure
Soft Structure GCG
GCG Soft Structure
Rapat Umum Pemegang Saham (RUPS)
COMMUNICATION
General Meeting of Shareholders (GMS)

INFORMATION
KOMUNIKASI
MONITORING
INFORMASI
Code of Ethics & Company Regulation

Conducts
Company Policies
Dewan Komisaris dan Organ Pendukung
Board of Commissioners and Supporting Organs
Board Manual Company Procedures
(SOP)
Direksi dan Organ Pendukung

Board of Directors and Supporting Organs Oversight: Internal Control + Risk Management (Pre)
GCG Charter
Vision, Mission, and Core Values Leadership Traits (CVLT)
Norms and Laws

Infrastruktur Tata Kelola Perusahaan Corporate Governance Infrastructure
Infrastruktur GCG dibentuk dengan berlandaskan The GCG infrastructure has been established based on
pada Undang-Undang No. 40 Tahun 2007 tentang Law No. 40/2007 on Limited Liability Companies. This
Perseroan Terbatas. Infrastruktur ini menjadi acuan infrastructure acts as a reference in directing the Company’s
dalam mengarahkan organ perusahaan, seperti Rapat organs such as the General Meeting of Shareholders, the
Umum Pemegang Saham, Dewan Komisaris, Direksi, dan Board of Commissioners, the Board of Directors, and other
organ pendukung lainnya dalam mengelola Perseroan supporting organs to improve the Company’s performance
sehingga mampu meningkatkan kinerja demi mencapai and achieve sustainable business continuity.
keberlangsungan usaha yang berkelanjutan.
Mekanisme Tata Kelola Perusahaan Good Corporate Governance Mechanism
Mekanisme GCG di ABM berperan dalam mengatur The GCG mechanism at ABM stipulates the relationship
hubungan antar organ perusahaan, yaitu RUPS, Dewan between the Company's governance bodies, namely the
Komisaris, Direksi, dan organ pendukung lainnya. GMS, the Board of Commissioners, the Board of Directors,
RUPS merupakan organ perusahaan yang memiliki and other supporting bodies. The GMS has an exclusive
kewenangan eksklusif sehingga tidak dapat dilimpahkan authority that cannot be delegated to other parties under
kepada pihak lain, selama pelaksanaannya merujuk pada the Limited Liability Company Law and/or the Articles of
Undang-Undang Perseroan Terbatas dan/atau Anggaran Association. Meanwhile, the Board of Commissioners and
Dasar. Sementara Dewan Komisaris dan Direksi, bertanggung Directors are responsible for supervising and managing the
jawab dalam melakukan pengawasan dan pengelolaan Company to maintain ABM's business continuity.
perusahaan untuk menjaga keberlangsungan usaha ABM.
Dalam melaksanakan tugas dan tanggung jawabnya In carrying out its duties and responsibilities, the Board of
tersebut, Dewan Komisaris dibantu oleh Komite Audit, Commissioners is assisted by the Audit Committee, the
Komite Nominasi dan Remunerasi, serta Komite Nomination and Remuneration Committee, and the Investment
Investasi. Sementara itu, Direksi dibantu oleh Sekretaris Committee while the Board of Directors is assisted by the
Perusahaan, Audit Internal, Manajemen Risiko, Komite Corporate Secretary, Internal Audit, Risk Management, Contracts
Kontrak, dan Komite Group Executive Management . Committee, and the Group Executive Management Committee.
Selain itu, sebagai salah satu wujud pemenuhan As a form of compliance with prevailing laws and regulations,
kepatuhan terhadap peraturan perundang-undangan yang the Company prepares Financial Statements by involving
berlaku, Perseroan menyusun Laporan Keuangan dengan external auditors (public accounting firm/KAP and public
melibatkan audit eksternal (kantor akuntan publik/KAP accountant/AP). The appointment of KAP and AP is carried
dan akuntan publik/AP). Penunjukan KAP dan AP dilakukan out by taking into account the aspects of independence
dengan memperhatikan aspek independensi melalui through the selection of personnel, processes, and audit
penentuan personel, proses, dan hasil audit sehingga results so that the preparation of the Company's Financial
penyusunan Laporan Keuangan Perseroan memenuhi Statements meets the principles of transparency and
prinsip transparansi dan akuntabilitas. accountability.
Soft Structure Tata Kelola Perusahaan Good Corporate Governance Soft

Structure
Berbagai perangkat kebijakan (soft structure) disusun The soft structure policyis prepared to ensure the
dalam rangka memastikan peningkatan kualitas improvement of the quality of GCG implementation in the
penerapan GCG di Perseroan. Soft structure tersebut Company. The soft structure is constantly evaluated to
senantiasa dievaluasi keefektivitasannya agar penerapan ensure its effectiveness so that the implementation of GCG
GCG di lingkungan ABM dapat berjalan secara optimal in ABM environment can be optimal, allowing the Companyto
sehingga mampu bersaing di tengah perkembangan usaha compete in anincreasingly complex business climate.
yang semakin kompleks.

Uraian terkait komponen soft structure sebagai berikut. The descriptions related to the soft structure components
are described as follows.
Komponen Soft Structure Penjelasan

Soft Structure Component Description
Anggaran Dasar • Merupakan bagian dari Akta Pendirian Perseroan;

Articles of Association • Memuat tentang kedudukan dan fungsi Pemegang Saham, Dewan Komisaris, dan Direksi; serta
• Mengalami beberapa kali perubahan dengan Akta Notaris Jose Dima Satria, SH, MKn, No. 146
tanggal 18 Juni 2020 mengenai pergantian Dewan Direksi dan Komisaris Perseroan sebagai
perubahan terakhir. Perubahan Anggaran Dasar tersebut telah diberitahukan kepada Menteri
Hukum dan Hak Asasi Manusia Republik Indonesia dalam Surat No. AHU-AH.01.03-0271040
tanggal 2 Juli 2020.
• Included as part of the Company's Deed of Establishment;
• Contains the position and function of the Shareholders, the Board of Commissioners, and the
Board of Directors; and
• Has been amended several times based on the Notarial Deed of Jose Dima Satria, SH, MKn, No. 146
dated 18 June 2020 on changes of the Board of Directors and the Board of Commissioners of the
Company. The amendment to the Articles of Association was notified to the Minister of Law and
Human Rights of the Republic of Indonesia in Letter No. AHU-AH.01.03-0271040 on 2 July 2020.
Piagam GCG • Memuat arahan strategis bagi Dewan Komisaris dan Direksi terkait prinsip-prinsip pengelolaan
GCG Charter Perseroan;
• Menjadi rujukan dalam penyusunan kebijakan serta peraturan teknis lainnya sesuai kebutuhan
Perseroan; serta
• Melalui keputusan Direksi No. 002 No.002/ABM-BOC-CIR/I/2013 tanggal 31 Januari 2013, Piagam
GCG yang ada saat ini telah disahkan oleh Dewan Komisaris dan Direksi Perseroan.
• Contains strategic direction for the Board of Commissioners and the Board of Directors on the
principles of management of the Company;
• Acts as a reference in formulating policies and other technical regulations according to the
needs of the Company; and
• The current GCG Charter was ratified by the Company's Board of Commissioners and Board of
Directors through the Decree of the Board of Directors No. 002/ABM-BOC-CIR/I/2013 dated 31
January 2013.
Pedoman Etika dan Perilaku Memuat komitmen-komitmen yang terdiri dari etika bisnis dan etika kerja seluruh karyawan yang
Code of Ethics and Conduct disusun sesuai dengan Visi, Misi, dan Budaya Perusahaan. Pedoman ini berlaku untuk seluruh
karyawan di ABM, termasuk Dewan Komisaris dan Direksi. Maka dari itu, setiap karyawan di ABM
diwajibkan untuk menandatangani dan memperbarui komitmen pribadi secara tahunan. Sementara
itu, Pedoman Etika dan Perilaku yang saat ini berlaku telah disahkan pada 21 Oktober 2011.
Contains commitments consisting of business ethics and work ethics for all employees arranged
following the Vision, Mission, and Corporate Culture. This guideline applies to all employees at ABM,
including the Board of Commissioners and the Board of Directors. Therefore, every employee at ABM is
required to sign and renew personal commitments on an annual basis. Meanwhile, the current Code of
Ethics and Conduct was ratifiedon 21 October 2011.
Board Manual: Pedoman Kerja Merupakan pedoman pokok pelaksanaan hubungan antar organ perusahaan yang mencakup tugas,
Dewan Komisaris dan Direksi tanggung jawab, wewenang, mekanisme rapat, pengambilan keputusan, serta prinsip pengendalian
Board Manual: Work Guidelines dan pengawasan yang dilakukan oleh Direksi, Dewan Komisaris, dan Rapat Umum Pemegang Saham.
for the Board of Commissioners Board Manual yang saat ini berlaku di Perseroan telah mengalami pemutakhiran pada 22 Agustus
and Directors 2017 melalui Surat Keputusan Dewan Komisaris dan Direksi ABM No. 009/ABM-RES/ DIR/VII/2017
dan No. 032/ABM-BOC-CIR/VII/2017. Pemutakhiran ini dilakukan untuk menyesuaikan Board Manual
dengan Peraturan Otoritas Jasa Keuangan No. 10/POJK.04/2017 tentang Perubahan atas Peraturan
Otoritas Jasa Keuangan No. 32/POJK.04/2014 tentang Rencana dan Penyelenggaraan Rapat Umum
Pemegang Saham Perusahaan Terbuka dan No. 33/POJK.04/2014 tentang Direksi dan Komisaris
Emiten atau Perusahaan Publik.
The Board Manual is the main guideline for the implementation of the inter-company relationship
between the Company’sgovernance bodies, which includes duties, responsibilities, authorities,
meeting mechanisms, decision-making, and the principles of control and supervision carried out by the
Board of Directors, the Board of Commissioners, and the General Meeting of Shareholders. The current
Board Manual was updated on 22 August 2017 through the Decree of the Board of Commissioners and
Board of Directors of ABM No .009/ABM-RES/DIR/VII/2017 and No. 032/ABM-BOC-CIR/VII/2017. This
update was carried out to conforming the Board Manual with OJK Regulation No. 10/POJK.04/2017
on Amendments to OJK Regulation No. 32/POJK.04/2014 on the Plan and Implementation of General
Meeting of Shareholders of Public Companies and No. 33/POJK.04/2014 onThe Board of Directors and
The Board of Commissioners of Issuers or Public Companies.

Komponen Soft Structure Penjelasan

Soft Structure Component Description
Peraturan Perusahaan Memuat informasi tentang hak dan kewajiban pengusaha, hak dan kewajiban pekerja, syarat kerja,
Company Regulations tata tertib perusahaan, serta jangka waktu berlakunya. Peraturan Perusahaan yang berlaku saat ini
telah disahkan melalui Surat Keputusan Departemen Tenaga Kerja dan Transmigrasi No. 855 Tahun
2018 tanggal 16 Maret 2019 serta telah disesuaikan dengan Nilai-Nilai Inti Perusahaan.
Contains information on the employer’s rights and obligations, employees’ rights and obligations, terms
of work, code of conduct, and period of validity. The current regulations have been approved through
the Decree of the Ministry of Manpower and Transmigration No. 855/2018 dated 16 March 2019 and have
been adjusted to the Company's Core Values.
Kebijakan Perusahaan Merupakan penjabaran dari hukum, peraturan, dan sasaran yang ditetapkan oleh Direksi sebagai
Company Policy pegangan manajemen dalam melakukan kegiatan usaha. Selain itu, Kebijakan Perusahaan
mencerminkan komitmen Perseroan untuk menerapkan GCG dalam seluruh aktivitas bisnis. Oleh
karena itu, setiap kebijakan ditetapkan dengan berlandaskan pada nilai-nilai inti dan sifat-sifat
kepemimpinan Perseroan. Sepanjang tahun 2020, tidak terdapat perubahan atau pembaruan terkait
Kebijakan Perusahaan.
The Company Policy is an elaboration of the laws, regulations, and objectives set by the Board of
Directors as the guidance for management in conducting business activities. The Company Policy also
reflects the Company's commitment to implementing GCG in all business activities. Therefore, each
policy is determined based on the core values and leadership traits of the Company. In 2020, there were
no changes or updates related to the Company’s Policy.
Prosedur Perusahaan (Standar Merupakan panduan yang digunakan untuk memastikan aktivitas operasional berjalan sesuai dengan
Operasional Prosedur/SOP) prosedur yang ditetapkan. Pengkajian, penyesuaian, dan standarisasi atas seluruh SOP ABM dan
Company Procedure (Standard Entitas Anak senantiasa dilakukan secara berkesinambungan. Sepanjang tahun 2020, Perseroan
Operating Procedure/SOP) memiliki 175 SOP, di mana sebanyak 40 SOP tidak aktif, 7 SOP obsolete, dan 128 SOP aktif.
The Company Procedure (Standard Operating Procedure/SOP) is a guideline used to ensure operational
activities run according to established procedures. The assessment, adjustment, and standardization
of all SOPs of ABM and Subsidiaries are carried out on an ongoing basis. Throughout 2020, the Company
had 175 SOPs, of which 40 SOPs were inactive, 7 SOPs were obsolete, and 128 SOPs were active.
Roadmap Implementasi Tata Kelola Good Corporate Governance

Perusahaan Implementation Roadmap
Roadmap terkait implementasi praktik GCG di Perseroan The roadmap related to the implementation of GCG
untuk periode 2009-2020 terbagi menjadi 4 tahap, yakni: practices in the Company for the 2009-2020 period is
divided into the following 4 stages:
IPO
2009-2010 2011-2012 2013-now 2021-onward
Documentation of
Existing CG Foundation Awareness & Embedded
CG Implementation &
& Practices Implementation Corporate Culture
Practices

Tahapan-tahapan praktik GCG ABM tersebut diuraikan The description of the stages of ABM's GCG practice is
sebagai berikut. presented as follows.
Tahap I
2009-2010
“Existing Corporate Governance (CG) & Penyerapan dan penerapan Nilai-Nilai Inti dan Sikap Kepemimpinan Grup TMT dalam
Foundation Practices” Lingkungan Grup ABM.
Phase I Absorption and implementation of Core Values and Attitudes of TMT Group Leadership within
2009-2010 ABM Group’s.
“Existing Corporate Governance (CG) &
Foundation Practices”
Menyandang status sebagai perusahaan terbuka pasca initial public offering (IPO)
Tahap II berdampak pada bertambahnya standar kepatuhan yang harus dipenuhi. Perseroan selalu
2011-2012 berusaha meningkatkan kualitas CG dengan membuat kodifikasi atas ketentuan-ketentuan
“Documentation of CG internal yang berlaku dan disesuaikan dengan ketentuan eksternal yang ada serta best
Implementation & Practices” practices. Dalam rangka memaksimalkan penerapan GCG di lingkungan perusahaan, ABM
juga menyusun Piagam GCG, Piagam komite-komite, SOP, dan soft structure GCG lainnya.
Having a status as a public company after an initial public offering (IPO) has an impact on
Phase II increasing compliance standards that shall be met. The Company always strives to improve
2011-2012 CG quality by codifying the applicable internal regulations and adapting them to the existing
“Documentation of CG external provisions and best practices. To maximize GCG implementation in the Company’s
Implementation & Practices” environment, ABM also established GCG Charter, Committee Charters, SOPs, and other GCG
soft structures.
Tahap III
2013-saat ini
“Awareness & Implementation”
Tahapan lanjutan yang berfokus pada penerapan, evaluasi, dan penyempurnaan atas
Phase III prinsip GCG di lingkup Grup ABM, dengan tujuan prinsip GCG akan menjadi corporate culture
2013-Present Perseroan sehingga seluruh karyawan akan menjadi warga tata kelola yang baik dengan
“Awareness & Implementation” melakukan seluruh prinsip tata kelola dalam kehidupan sehari-hari.
Tahap IV The next phase focuses on the implementation, evaluation, and improvement of GCG
2020-ke depan principles within the ABM Group, with the objective that GCG principles will become the
“Embedded Corporate Culture” Company’s corporate culture so that all employees will become good governance citizens by
carrying out all governance principles in their daily lives.
Phase IV
2020-future
“Embedded Corporate Culture”

Peningkatan Kualitas Tata Kelola Perusahaan

Good Corporate Governance Quality Improvement
2017 2018 2019 2020
Validasi Implementasi
atas Rekomendasi Perbaikan Penguatan struktur GCG
Penilaian Assessment of
Penilaian Penerapan GCG melalui pembentukan
Penerapan GCG GCG maturity level
Tahun 2017 Tim GCG
Validation of Implementation
Strengthening of GCG
Assessment of GCG Assessment of of Recommendations for
structure through the
Implementation GCG maturity level Improvement of 2017 GCG
establishment of GCG Team.
Implementation Scoring
Penguatan Struktur GCG Strengthening of GCG Structure
Salah satu upaya Perseroan untuk meningkatkan kualitas GCG One of the Company's efforts to enhance GCG quality is by
adalah dengan membentuk Tim GCG. Tim ini terbagi dalam establishing a GCG Team. The team is divided into 3 fields of
3 bidang kerja, dengan tanggung jawab sebagai berikut. work, with the following responsibilities.
1. Bidang Etika dan Nilai Utama 1. Ethics and Core Values
a. Memastikan disusunnya kebijakan dan prosedur- a. Ensuring the formulation of policies and procedures
prosedur yang mendukung pelaksanaan GCG agar that support the implementation of GCG to
sesuai dengan peraturan perundang-undangan comply with the prevailing laws and regulations or
atau standar yang berlaku; dan standards; and
b. Melakukan peninjauan secara berkala (serta b. Conducting periodic reviews (as well as make
melakukan revisi apabila diperlukan) terhadap revisions if necessary) of the GCG documentation in
dokumentasi GCG di Grup ABM. ABM Group.
2. Bidang Sosialisasi dan Kegiatan 2. Dissemination and Activities
a. Mempersiapkan dan melaksanakan program serta a. Preparing and implementing programs and
kegiatan yang mendukung GCG bagi kepentingan activities that support GCG for the benefit of ABM
Grup ABM; dan Group; and
b. Melaksanakan sosialisasi dan konsultasi terkait b. Conducting outreach and consultation regarding
informasi penerapan GCG (dan Nilai-Nilai Utama) information on the implementation of GCG (and Core
kepada Grup ABM. Values) to ABM Group.
3. Bidang Riset dan Pengembangan 3. Research and Development
a. Melakukan riset dan perbandingan (benchmarking) a. Conducting research and benchmarking with other
dengan perusahaan lain, serta survei terhadap companies, as well as a survey of GCG compliance in
pemenuhan GCG di Grup ABM; dan ABM Group; and
b. Melakukan kerja sama dengan fungsi-fungsi lain b. Cooperating with other functions with the aim of
dengan tujuan tercapainya implementasi GCG achieving good GCG implementation for the benefit
dengan baik bagi kepentingan Grup ABM. of ABM Group.

Anggota Tim GCG terdiri dari minimal 5 orang serta dapat The GCG Team consists of a minimum of 5 people and may
berasal dari Perseroan atau perusahaan-perusahaan yang come from the Company or companies that are members of
tergabung dalam Grup ABM. Direksi Perseroan dan Direksi ABM Group. The Directors of the Company and the Directors
dari Entitas Anak langsung Perseroan masing-masing of the Company's direct subsidiaries each nominate a
menominasikan minimum 1 orang dari perusahaannya minimum of 1 person from the company to become a
untuk menjadi anggota Tim GCG. Setiap anggota Tim GCG member of the GCG Team. Every member of the GCG Team
mendapat kesempatan untuk berada di tiap bidang kerja has the opportunity to be in each field of work during their
selama masa tugasnya (rotasi setiap tahun). Bidang kerja tenure (rotation every year). Work areas can be adjusted
dapat disesuaikan berdasarkan kebutuhan Tim GCG dari based on the needs of the GCG Team over time.
waktu ke waktu.
Sosialisasi Kebijakan Tata Kelola Good Corporate Governance Policy

Perusahaan Dissemination
Perseroan meyakini bahwa implementasi GCG perlu The Company believes that the implementation of GCG
dilakukan secara berkesinambungan di seluruh aktivitas needs to be carried out continuously in all of the Company’s
bisnis yang dijalankan. Terkait hal ini, Perseroan business activities. In this regard, the Company conducts
melaksanakan sosialisasi kebijakan GCG yang telah ada dissemination of existing and updated GCG policies
maupun yang mengalami pemutakhiran, baik mencakup which includes GCG infrastructure and soft structures,
infrastruktur dan soft structure GCG, whistleblowing whistleblowing system, and prohibition of gratification
system, ataupun pencegahan gratifikasi, kepada seluruh to all employees, directly or through the website. The
karyawan secara langsung ataupun melalui situs web. dissemination of the implementation of GCG in 2020 was
Sosialisasi implementasi GCG tahun 2020 dilakukan carried out thoroughly in Subsidiaries, namely CK, PWP, and
secara menyeluruh pada Entitas Anak, yaitu CK, PWP, dan Reswara. Meanwhile, the dissemination for CKB and SSB
Reswara. Sementara itu, sosialisasi untuk CKB dan SSB will be carried out in 2021.
dilakukan pada tahun 2021.
Perseroan juga memiliki sarana untuk menampung The Company also possesses a means to accommodate
pertanyaan terkait implementasi GCG dari seluruh inquiriesrelated to GCG implementation from all employees
karyawan, apabila terdapat hal yang tidak dimengerti. should they require further assistance. These questions can
Pertanyaan tersebut dapat disampaikan melalui: be submitted via:
1. Atasan langsung; 1. Direct supervisors;
2. Departemen Corporate Human Capital; 2. Corporate Human Capital Department;
3. Departemen Corporate Legal; 3. Corporate Legal Department;
4. Sekretaris Perusahaan; dan 4. Corporate Security; and
5. Direksi. 5. Board of Directors.
Penilaian Penerapan Tata Kelola Assessment of GCG Implementation

Perusahaan
Penilaian terhadap penerapan GCG dilakukan ABM secara ABM conducts regular assessment of GCG implementation
rutin dengan melibatkan pihak internal maupun pihak by involving internal and external parties. This assessment
eksternal. Penilaian tersebut merupakan wujud komitmen is a form of commitment in carrying out responsible
dalam melaksanakan kegiatan usaha yang bertanggung business activities and as a method for evaluating the
jawab dan sebagai metode dalam rangka evaluasi implementation of GCG in the next period.
penerapan GCG di periode selanjutnya.

Penilaian Penerapan GCG Tahun 2019 dan Assessment of GCG Implementation in 2019
Tindak Lanjutnya di Tahun 2020 and Follow-Up in 2020
Penilaian penerapan GCG di Perseroan tahun 2019 The assessment of the implementation of GCG in the
dilakukan oleh Unit Audit Internal sebagai bagian dari Company in 2019 was carried out by the Internal Audit Unit
rencana kerja audit 2019. Kegiatan tersebut ditujukan as part of the 2019 audit work plan. This activity is aimed to:
untuk:
1. Memvalidasi implementasi atas rekomendasi 1. Validate the implementation of the recommendations
perbaikan yang diberikan oleh PT RSM Indonesia for improvement provided by PT RSM Indonesia (RSM)
Konsultan (RSM) dalam Laporan Tingkat Pemenuhan in the ACGS Compliance Level Report released on 29
ACGS yang dirilis pada 29 Januari 2018; serta January 2018; and
2. Memastikan kriteria aspek ACGS yang telah 2. Ensure that the ACGS aspect criteria that have been
terimplementasi masih berjalan dengan konsisten dan implemented are still being fulfilled consistently and
lebih baik dari tahun sebelumnya. performed better than the previous year.
Ruang lingkup kegiatan audit tersebut dibatasi pada reviu The scope of the audit activity is limited to the review of the
implementasi rekomendasi perbaikan yang diberikan oleh implementation of the recommendations for improvement
RSM dalam Laporan Tingkat Pemenuhan ACGS yang dirilis provided by RSM in the ACGS Compliance Level Report
pada 29 Januari 2018. Sementara itu, prosedur audit yang released on 29 January 2018. Meanwhile, the audit
dilakukan untuk memperoleh kesimpulan yang memadai procedures carried out to obtain adequate conclusions on
atas pemenuhan kriteria ACGS 2017 terdiri dari: the fulfillment of the 2017 ACGS criteria consist of:
1. Memahami kriteria yang diatur oleh ACGS dan masuk 1. Understanding the criteria set by the ACGS and included
dalam Laporan RSM; in the RSM Report;
2. Melakukan wawancara dan konfirmasi dengan pihak 2. Conducting interviews and confirmation with the
pelaksana terkait; relevant executor;
3. Melakukan pengujian atas implementasi rekomendasi 3. Evaluating the implementation of the improvement
perbaikan yang ada dalam Laporan Tingkat Pemenuhan recommendations contained in the ACGS Compliance
ACGS yang dirilis pada 29 Januari 2018; serta Level Report released on 29 January 2018; and
4. Melakukan sampling terhadap kriteria aspek ACGS 4. Sampling the criteria for aspects of the ACGS that have
yang telah dinyatakan implemented oleh RSM. been declared as “implemented” by RSM.
Unit Audit Internal Perseroan melakukan pemeriksaan The Company’s Internal Audit Unit checks the progress of
terhadap progres dari implementasi atas keseluruhan the implementation of all recommendations (49 points)
rekomendasi (49 poin) yang diberikan oleh RSM. Unit provided by RSM. The unit in question also ensures that
tersebut juga memastikan bahwa aspek GCG yang dinilai oleh the GCG aspects assessed by RSM have been implemented
RSM telah diterapkan dan tetap dijalankan secara konsisten. and are consistently carried out. Examination of the GCG
Pemeriksaan terhadap aspek GCG yang telah dinilai baik aspects that have been considered good is then carried out
dilakukan secara sampling terhadap 30 kriteria aspek GCG. by sampling the 30 criteria of the GCG aspects.
Profil pemeriksaan atas follow-up point rekomendasi RSM The profile examination on the follow-up of the RSM
dan random sampling atas kriteria aspek GCG diungkapkan recommendation points and random sampling on the
sebagai berikut. criteria for GCG aspects is described as follows.
Follow-up RSM
ACGS Aspect Good Item Point
Recommendation Point
Part A – Rights of Shareholders 5 4
Part B – Equitable Treatment of Shareholders 4 5
Part C – Role of Stakeholders 2 5
Part D – Disclosure and Transparency 7 7
Part E – Responsibilities of the Board 18 9

Follow-up RSM
ACGS Aspect Good Item Point
Recommendation Point
Bonus 12 0
Penalty 1 0
Total Assessed Area 49 30
Berdasarkan hasil pemeriksaan dan diskusi dengan pihak Based on the results of examinations and discussions
pelaksana GCG terkait, dapat disimpulkan bahwa 50% dari with relevant GCG implementers, it is concluded that 50%
rekomendasi aspek ACGS yang diberikan oleh RSM telah of the recommendations for ACGS aspects given by RSM
diimplementasikan. Ringkasan pencapaian implementasi have been implemented. A summary of the implementation
dari rekomendasi GCG RSM diungkapkan sebagai berikut. achievements of the RSM GCG recommendations is
disclosed as follows.
Result of 2017
Total 2019 Audit Result
ACGS Aspect RSM Testing
Criteria
No Implemented % Not Implemented %
Right of Shareholder 21 5 4 80 1 20
Equitable Treatment of Shareholders 15 4 3 75 1 25
Role of Stakeholders 13 2 1 50 1 50
Disclosure & Transparency 32 7 4 57 3 43
Responsibility of the Board 65 18 7 39 11 61
Total 146 36 19 53 17 47
Bonus 13 12 3 25 9 75
Penalty 25 24 0 0 24 100
Total All Attribut 184 72 22 64 50 69
Rekomendasi dan tindak lanjut atas penilaian GCG tahun Recommendations and follow-up on the 2019 GCG
2019 diungkapkan sebagai berikut. assessment are disclosed as follows.
Tindak Lanjut Hingga Akhir 2020

Rekomendasi yang Dihasilkan Follow-Up Until the End of 2020
Recommendations Produced Bentuk Tindak Lanjut/Alasan Belum Dilaksanakan
Status
Forms of Follow Up/ Reasons Not Yet Implemented
Pemilahan atas aspek GCG ACGS belum implemented Selesai Telah dibuatkan pemilahan atas aspek GCG ACGS yang
untuk menentukan aspek GCG ACGS yang masih dapat Completed dapat diterapkan dan ditingkatkan.
diterapkan dan mana yang tidak. Atas rekomendasi aspek The GCG ACGS aspects that could be applied and improved
GCG ACGS yang diputuskan untuk diterapkan dibuatkan have been separated.
timeline pemenuhannya agar dapat implemented sebelum
Laporan Tahunan 2019 dibuat dan dirilis.
Categorization of GCG ACGS aspects that have not been
implemented to determine which ACGS GCG aspects
that are still applicable and those that are not. On the
recommendation of the GCG ACGS aspects, the Company
needs to implement and create a timeline for its fulfillment
so that it can be implemented before the 2019 Annual Report
is prepared and released.

Tindak Lanjut Hingga Akhir 2020

Rekomendasi yang Dihasilkan Follow-Up Until the End of 2020
Recommendations Produced Bentuk Tindak Lanjut/Alasan Belum Dilaksanakan
Status
Forms of Follow Up/ Reasons Not Yet Implemented
Penyusunan Laporan Tahunan harus dilakukan cross check Selesai Laporan Tahunan telah disusun sesuai dengan poin-poin
dengan poin-poin ACGS 2017 atau standar terbaru yang Completed dalam ACGS 2017.
berlaku, untuk memastikan konsistensi pengkomunikasian The Annual Report has been prepared in accordance with
atas implementasi atas aspek GCG. the ACGS 2017.
The preparation of the Annual Report must be cross-
checked with the 2017 ACGS points or the latest applicable
standards to ensure consistency in the communication of
the implementation of GCG aspects.
Pengajuan revisi Board Manual 2019 kepada Manajemen Belum Revisi Board Manual belum terselesaikan karena menunggu
Perseroan untuk mendapatkan persetujuan, untuk Selesai perubahan struktur organisasi di Perseroan dan Entitas
Uncompleted
kemudian Board Manual tersebut dipublikasikan ke dalam Anak yang tengah dilakukan di saat yang bersamaan.
situs web perusahaan. The revision of the Board Manual had not been completed
Submission ofthe 2019 Board Manual revision to the due to pending changes in the organizational structure of
Company's Management for approval, and the Board Manual the Company and its Subsidiaries which were being carried
to be subsequently published on the Company's website. out at the same time.
Pastikan informasi Grup ABM telah memiliki long term Selesai Informasi terkait kebijakan mengenai insentif jangka
incentive policy yang dimuat dalam Laporan Tahunan 2019, Completed panjang telah disampaikan dalam Laporan Tahunan.
sehingga poin aspek GCG No. C.3.3 “Does the company Information related to the policy of long-term incentives has
have a reward/ compensation policy that accounts for the been presented in the Annual Report.
performance of the company beyond short-term financial
measures?” dapat implemented.
Ensure that ABM Group information has a long-term
incentive policy published in the 2019 Annual Report so
that the GCG aspect point No. C.3.3 "Does the Company
have a reward/compensation policy that accounts for the
performance of the Company beyond short-term financial
measures?" can be implemented.
Pada tahun 2020, Perseroan melaksanakan survei “Tingkat In 2020, the Company conducted a survey "Maturity Level
Maturitas Penerapan GCG” dengan jumlah partisipan of GCG Implementation" with a total of 26 employees at the
sebanyak 26 karyawan pada level manajer. Hasil survei manager level. The survey results are disclosed as follows.
tersebut diungkapkan sebagai berikut.
Aspek Penilaian Nilai

Assessment Aspect Score
Rights of Shareholder
3.71
Rights of Shareholders
Hak-Hak Para Pemegang Saham

3.68
Rights of Shareholders
Rapat Umum Pemegang Saham

3.76
General Meeting of Shareholders
Perlindungan terhadap Hak-Hak Pemegang Saham

3.68
Protection of Rights of Shareholders
Informasi mengenai Perseroan dan Tata Kelola Perseroan

3.72
Information on the Company and Corporate Governance

Aspek Penilaian Nilai

Assessment Aspect Score
Partnership with Stakeholder
3.64
Partnership with Stakeholders
Hak-Hak Para Pemangku Kepentingan

3.68
Rights of Stakeholders
Hubungan dengan Para Pemangku Kepentingan

3.60
Partnership with Stakeholders
Pertanggungjawaban kepada Pemangku Kepentingan

3.64
Accountability to Stakeholders
Disclosure and Transparency

3.66
Disclosure and Transparency
Kebijakan Keterbukaan
3.64
Transparency Policy
Keterbukaan yang Tepat Waktu dan Seimbang

3.68
Timely and Balanced Transparency
Board, Structure, and Effectiveness

3.58
Struktur, Peran, dan Tanggung Jawab

3.68
Etika
3.72
Ethics
Integritas dalam Pelaporan

3.68
Integrity in Reporting
Pengaturan Risiko
3.24
Risk Control
Berdasarkan hasil survei “Tingkat Maturitas Penerapan Based on the results of the "Maturity Level of GCG
GCG” tersebut, ABM melakukan evaluasi dan perbaikan Implementation" survey, ABM evaluates and improves its
atas implementasi GCG, termasuk dalam meningkatkan implementation of GCG, including in increasing the role of
peran manajemen risiko di perusahaan. risk management in the companies.
Perumusan Governance, Risk, and Formulation of Governance, Risk, and

Compliance (GRC) Compliance (GRC)
Governance, risk, and compliance (GRC) merupakan The term Governance, risk, and compliance (GRC) refers to
pendekatan holistik yang terintegrasi terhadap 3 pilar a holistic approach that is integrated into the 3 main pillars
utama perusahaan, yaitu tata kelola, manajemen risiko, dan of the Company, namely governance, risk management, and
kepatuhan. Integrasi terhadap ketiga pilar tersebut ditujukan compliance. The integration of the three pillars is intended
untuk membantu Perseroan memastikan bahwa setiap to assist the Company in ensuring that every action and
tindakan dan pengambilan keputusan dilakukan dengan decision-making is carried out appropriatelyfollowing
benar, sesuai dengan risiko serta kebijakan dan peraturan the risks, policies, and applicable regulations through the
yang berlaku, serta melalui penyelarasan strategi, proses, alignment of strategies, processes, technology, and human
teknologi, dan sumber daya manusia (SDM) sehingga mampu resources (HR) to increase effectiveness and efficiency of
meningkatkan efektivitas dan efisiensi perusahaan. the Company.

Ketiga bidang pada GRC tersebut memiliki fokus masing- The three aspects of the GRC have their respective focal
masing, sebagaimana diungkapkan sebagai berikut. points,which are described below.
Governance Risk Compliance
Berfokus kepada pengarahan dan Berfokus kepada identifikasi, analisis, Berfokus kepada pemenuhan
pengendalian manajemen terhadap dan tanggapan terhadap risiko yang persyaratan yang ditetapkan oleh
perusahaan. mungkin memengaruhi pencapaian peraturan yang berlaku.
Focuses on direction and management sasaran perusahaan. Focuses on fulfilling the requirements
control of the Company. Focuses on identifying, analyzing, and set by applicable regulations.
responding to risks that may affect
the achievement of the Company's
objectives.
FUTURE STATE
EFFECTIVE OVERSIGHT
ETHICS INTEGRITY
INTEGRATED
REPORTING & ANALYTICS
INTEGRATED
Business GRC STRATEGY Audit
Operators Executive
Financial Risk
Officer Executive
Legal,HR, Compliance
IT + Other Executive
INTEGRATED RISK &

CONTROL ACTIVITIES
INTEGRATED RISK &

QUALITY INFORMATION
E
SHARE S E RV I C
D TECHNOL
O GY SHARED
COMMON M UL A RY
ETHODS C O M M O N VO C A B

Penerapan GRC dapat memberikan dampak positif yang The positive direct impacts on the Company from the
dapat langsung dirasakan Perseroan, seperti: application of GRC include:
Higher Quality Information Process Optimization Better Capital Allocation
Membantu manajemen dalam proses Memberikan informasi terkait aktivitas Membantu dalam proses identifikasi
pengambilan keputusan secara cepat perusahaan. Aktivitas yang tidak redundansi atau inefisiensi sehingga
dan tepat sasaran. memiliki nilai tambah dapat dihilangkan. memungkinkan pengalokasian dana
Assisting management in decision- Sedangkan, aktivitas bernilai tambah dan sumber daya manusia secara lebih
making processes that can be carried dapat disederhanakan untuk mengurangi efektif.
out swiftly and effectively. waktu dan variasi yang diinginkan. Assisting the process of identifying
Providing information related to the redundancies or inefficiencies to enable
Company's activities such as information a more effective allocation of funds and
regarding activities with no added value human resources.
so that they can be eliminated. Meanwhile,
remaining activities with added value can
be simplified to reduce time and variation.
Improved Effectiveness Protected Reputation Reduced Costs
Meningkatkan efektivitas pengelolaan Melindungi dan meningkatkan reputasi Mengurangi biaya operasional sehingga
perusahaan karena seluruh aktivitas yang perusahaan karena risiko dikelola dapat meningkatkan perolehan laba
berkaitan dengan GRC diarahkan kepada dengan lebih efektif. atas investasi (return on investment/ROI)
departemen atau individu yang tepat. Protecting and enhancing the Company's perusahaan.
Improving the Company’s management reputation as risksare managed more Reducing the Company’s operating costs
effectiveness because all activities related effectively. which will result in an increased return on
to GRC are directed to the appropriate investment (ROI).
department or individual.
Penerapan GRC di Perseroan tersebut merujuk pada model The application of GRC in the Company refers to the GRC
GRC yang ditetapkan oleh Open Compliance & Ethics model established by the Open Compliance & Ethics Group
Group (OCEG), sebagaimana diungkapkan sebagai berikut. (OCEG) which is disclosed as follows.
LEARN ALIGN
Memeriksa dan menganalisis konteks, budaya, dan Menyelaraskan kinerja, risiko dan kepatuhan, strategi,
pemangku kepentingan dalam rangka mempelajari apa kriteria pengambilan keputusan, serta tindakan dan
yang perlu diketahui perusahaan untuk menetapkan dan kontrol dengan kebutuhan konteks, budaya, dan
mendukung tujuan dan strategi. pemangku kepentingan.
Examine and analyze context, culture, and stakeholders Align performance, risk and compliance, strategy,
to learn what the Company needs to know in setting and decision-making criteria, and action and control with the
supporting its objectives and strategies. context, culture, and stakeholders needs.
LEARN
REVIEW ALIGN
PERFORM
REVIEW PERFORM
Melakukan serangkaian aktivitas untuk memantau dan Mencegah timbulnya risiko dengan melakukan tindakan
meningkatkan efektivitas operasi dari semua tindakan kontrol yang proaktif dan responsif.
dan kontrol, termasuk keselarasan yang berkelanjutan Prevent risks by taking proactive and responsive control
dengan tujuan dan strategi perusahaan. measures.
Conduct a series of activities to monitor and improve
the operational effectiveness of all actions and controls,
including continuous alignment with the Company's
objectives and strategies.

Rapat Umum Pemegang Saham

General Meeting of Shareholders
Rapat Umum Pemegang Saham (RUPS) merupakan The General Meeting of Shareholders (GMS) is the
pemilik kekuasaan tertinggi yang berperan sebagai sarana Company’s organ with the highest authority and provides a
bagi Pemegang Saham untuk menyampaikan hak yang means for Shareholders to exercise their rights in making
dimilikinya dalam mengambil keputusan bersama mengenai joint decisions regarding the Company. Meanwhile, for the
perusahaan. Sementara itu, bagi Dewan Komisaris dan Board of Commissioners and the Board of Directors, the
Direksi, RUPS merupakan forum untuk menyampaikan GMS is a forum to submit accountability reports on the
laporan pertanggungjawaban atas pelaksanaan tugas implementation of duties and the results of the Company's
serta hasil kinerja Perseroan kepada Pemegang Saham. performance to the Shareholders.
Pemegang Saham Shareholders
Hingga 31 Desember 2020, komposisi Pemegang Saham As at 31 December 2020, the composition of ABM’s Majority
Utama dan Pengendali ABM terdiri dari: and Controlling Shareholders is as follows:
1. Valle Verde Pte Ltd sebesar 55,956%; 1. Valle Verde Pte Ltd at 55.956%;
2. PT Tiara Marga Trakindo sebesar 23,114%; 2. PT Tiara Marga Trakindo at 23.114%;
3. Rachmat Mulyana Hamami (Komisaris Utama) sebesar 3. Rachmat Mulyana Hamami (President Commissioner) at
0,222%; 0.222%;
4. Achmad Ananda Djajanegara (Direktur Utama) 0,047%; 4. Achmad Ananda Djajanegara (President Director) at
dan 0.047%; and
5. Mivida Hamami (Komisaris) sebesar 0,005%. 5. Mivida Hamami (Commissioner) at 0.005%.
Dengan demikian, Pemegang Saham Utama dan Therefore, the Company's Main and Controlling Shareholders
Pengendali Perseroan adalah PT Tiara Marga Trakindo are PT Tiara Marga Trakindo (TMT) and Valle Verde Pte Ltd
(“TMT”) dan Valle Verde Pte Ltd (“VVPL”). TMT dimiliki oleh (VVPL). TMT is owned by RMH, RSH, MMH, ASH, and Kartika
RMH, RSH, MMH, ASH, dan Kartika Hamami. Sementara Hamami. Meanwhile, VVPL is part of AHK Holdings Pte Ltd
VVPL merupakan bagian dari AHK Holdings Pte Ltd, which is owned by MMH, ASH, Rachmat Mulyana Hamami,
perusahaan yang dimiliki oleh MMH, ASH, Rachmat and Rachmat Sobari Hamami.
Mulyana Hamami, dan Rachmat Sobari Hamami.
Berdasarkan kondisi tersebut, MSCI yang melakukan Based on these conditions, MSCI, which conducted an
penilaian terhadap Environment, Social, and Governance assessment of Environment, Social, and Governance (ESG),
(ESG), menganalisis bahwa struktur kepemilikan dan analyzed that the ownership and control structure of the
kontrol Perseroan dikuasai oleh mayoritas Pemegang Company, which is controlled by the majority of family
Saham keluarga yang dikhawatirkan akan mengganggu shareholders, may interfere with the interests of minor
kepentingan Pemegang Saham minoritas atau publik. shareholders or the public. However, the Company guarantees
Namun demikian, Perseroan menjamin perlakuan dan fair and equal treatment on the provision of information for
pemberian informasi yang wajar dan setara terhadap all Shareholders, both majority and minority ones.
seluruh Pemegang Saham, baik mayoritas dan minoritas.

Hak dan Wewenang RUPS Rights and Powers of the GMS
Hak dan wewenang yang dimiliki RUPS ABM diuraikan The rights and authority possessed by ABM’s GMS are
sebagai berikut. described as follows.
1. Menggunakan hak yang dimilikinya untuk 1. Exercising their right to express opinions and obtain
mengemukakan pendapat dan memperoleh information relating to the Company as long as it is
keterangan yang berkaitan dengan Perseroan related to the agenda of the meeting and does not
sepanjang berhubungan dengan mata acara rapat dan conflict with the interests of the Company;
tidak bertentangan dengan kepentingan perusahaan;
2. Meminta pertanggungjawaban Dewan Komisaris dan 2. Requesting the accountability of the Board of
Direksi terkait pengelolaan perusahaan; Commissioners and Directors related to the Company’s
management;
3. Mengubah Anggaran Dasar; serta 3. Amending the Articles of Association; and
4. Mengangkat dan memberhentikan Dewan Komisaris 4. Appointing and dismisssing members of the Board of
dan Direksi. Commissioners and Directors.
Mekanisme Penyelenggaraan RUPS GMS Implementation
RUPS terdiri dari RUPS Tahunan dan RUPS Luar Biasa. Mechanism The GMS consists of Annual GMS and
RUPS Tahunan wajib diselenggarakan dalam jangka Extraordinary GMS. The Annual GMS must be held no
waktu paling lambat 6 bulan setelah tahun berakhir, later than 6 months after the end of the year, while the
sedangkan RUPS Luar Biasa dapat diadakan sewaktu- Extraordinary GMS can be held at any time as needed. The
waktu sesuai kebutuhan. Tahapan penyelenggaran RUPS stages of organizing GMS at ABM refer to Financial Services
ABM mengacu pada Peraturan Otoritas Jasa Keuangan Authority Regulation No. 10/POJK.04/2017 on Amendments
No. 10/POJK.04/2017 tentang Perubahan atas Peraturan to Financial Services Authority Regulation No. 32/
Otoritas Jasa Keuangan No. 32/POJK.04/2014 tentang POJK.04/2014 on Plan and Implementation of General
Rencana dan Penyelenggaraan Rapat Umum Pemegang Meeting of Shareholders of Public Companies, as disclosed
Saham Perusahaan Terbuka, sebagaimana diungkapkan in the following chart.
pada bagan berikut.
Tahapan Penyelenggaraan RUPS ABM

ABM GMS Implementation Stages
Pengumuman Pemanggilan
Pemberitahuan Penyelenggaraan Penyelenggaraan
Pencatatan Hasil Pengumuman Hasil
Penyelenggaraan RUPS melalui RUPS melalui Penyelenggaraan
RUPS dengan RUPS melalui
RUPS kepada Media Massa Media Massa RUPS
Landasan Hukum Media Massa
Regulator (14 hari sebelum (21 hari sebelum
Pemanggilan RUPS) Pelaksanaan RUPS)
Announcement Invitation
of GMS through of GMS through Recording of Announcement
Notification of GMS
Mass Media Mass Media GMS Results of GMS Results
GMS to Regulator Implementation
(14 days before (21 days before with a Legal Basis through Mass Media
GMS Invitation) the GMS)

Informasi terkait tata cara penyelenggaraan RUPS dapat Information relating to the procedures for holding a GMS can
diunduh di situs web Perseroan bagian Untuk Investor > be downloaded on the Company's website under the section
RUPS (Rapat Umum Pemegang Saham). of For Investors > GMS (General Meeting of Shareholders).
Pelaksanaan RUPS 2020 Implementation of 2020
Sepanjang tahun 2020, Perseroan hanya In 2020, the Company held an Annual GMS with the following
menyelenggarakan RUPS Tahunan dengan rincian sebagai details.
berikut.
RUPS Tahunan 2020

2020 Annual GMS
Pemegang Saham Jajaran Pengurus

Shareholders The Executive Board
Pemegang Saham yang mewakili 2.176.929.540 saham atau Komisaris Independen / : Arief Tarunakarya Surowidjojo
setara 79,07% dari seluruh saham dengan hak suara sah yang Independent Commissioner
telah dikeluarkan Perseroan. Direktur Utama / : Achmad Ananda Djajanegara
Shareholders representing 2,176,929,540 shares or equal to 79.07% President Director
of all shares with valid voting rights issued by the Company. Direktur / Director : Adrian Erlangga
Pemberitahuan Pengumuman
Notifications Announcement
4 Mei 2020 12 Mei 2020

kepada Otoritas Jasa Keuangan berdasarkan Surat melalui situs web Perseroan dan Bursa Efek Indonesia.
No. ABM-BOD/210/ADJ/V/2020.
4 May 2020 12 May 2020
to OJK in Letter No. ABM-BOD/210/ADJ/V/2020. on the Company and Indonesia Stock Exchange Website.
Undangan Pelaksanaan
Invitation Implementation
27 Mei 2020 18 Juni 2020

melalui situs web Perseroan dan Bursa Efek Indonesia. di Gedung TMT I-Tiara Meeting Room 5 & 6
Jl. Raya Cilandak KKO No. 1 Jakarta Selatan, 12560.
27 May 2020 18 June 2020
on the Company and Indonesia Stock Exchange Website. in Gedung TMT I-Tiara Meeting Room 5 & 6
Jl. Raya Cilandak KKO No.1 Jakarta Selatan, 12560.
Hasil RUPS
GMS Resolutions
19 Juni 2020
melalui situs web Perseroan dan Bursa Efek Indonesia. Risalah Rapat tertuang di dalam Akta Berita Acara RUPS Tahunan
No. 146 yang dibuat oleh Notaris Jose Dima Satria, SH, MKn.
19 June 2020
on the Company and Indonesia Stock Exchange Website. The minutes of meeting are stipulated in Deed of Minutes of AGMS
No. 146 made by Notary Jose Dima Satria, SH, MKn.

Hasil keputusan RUPS Tahunan Perseroan diungkapkan The Company’s Annual GMS Resolutions are disclosed as
Mata Acara 1
Agenda 1
Agenda Keputusan
Agenda Resolution
Persetujuan atas Laporan Tahunan 1. Menyetujui Laporan Tahunan Perseroan untuk tahun buku 2019 termasuk Laporan
Perseroan dan Pengesahan Laporan Pelaksanaan Tugas Pengawasan Dewan Komisaris selama tahun buku 2019; dan
Keuangan Konsolidasian Auditan 2. Mengesahkan Laporan Keuangan Perseroan untuk tahun buku 2019 yang telah diaudit
Perseroan dan Entitas Anak untuk oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja sesuai dengan Laporan
tahun buku yang berakhir pada tanggal No. 00951/2.1032/AU.1/10/0701-1/1/V/2020 tanggal 12 Mei 2020 dengan pendapat “wajar
31 Desember 2019 serta Laporan dalam semua hal yang material” sekaligus memberikan pelunasan dan pembebasan
Pelaksanaan Tugas Pengawasan Dewan tanggung jawab sepenuhnya (acquit et decharge) kepada Direksi dan Dewan Komisaris
Komisaris selama tahun buku 2019. Perseroan atas pengurusan dan pengawasan Perseroan selama tahun buku 2019
Approval to the Company’s Annual Report sepanjang telah diungkapkan dalam Laporan Keuangan Perseroan tahun buku 2019.
and ratification of the Company’s and 1. Approved the Company’s Annual Report for the 2019 financial years including the Board of
Subsidiaries’ Audited Consolidated Commissioners’ Supervisory Report for 2019; and
Financial Statements for the financial 2. Ratified the Company’s Financial Statements for the 2019 financial years as audited
year ended on 31 December 2019, as by Purwantono, Sungkoro & Surja Public Accounting Firm in line with the Report
well as the Board of Commissioners’ No. 00951/2.1032/AU.1/100701-1/1/V/2020 on 12 May 2020 with “unqualified opinion”,
Supervisory Report for 2019. and granted full acquittal and discharge to the Board of Directors and the Board of
Commissioners for their management and supervision of the Company throughout
the 2019 financial years to the extent that such actions had been reported in the 2019
Financial Statements.
Hasil Pemungutan Suara Realisasi
Voting Results Implementation
Keputusan melalui musyawarah mufakat. Telah direalisasikan sepenuhnya.
Decisions through Consensus agreement. Fully implemented.
Mata Acara 2
Agenda 2
Agenda Keputusan
Agenda Resolution
Penetapan penggunaan hasil usaha 1. Menyetujui penggunaan laba bersih Perseroan tahun buku 2019 yang seluruhnya
Perseroan untuk tahun buku yang berjumlah AS$7.556.445,- sebagai berikut.
berakhir pada 31 Desember 2019. a. Membagikan dividen tunai sejumlah Rp36.250.000.000,- yang akan didistribusikan
Determination of the use of the Company’s secara proporsional pada tanggal 22 Juli 2020 kepada para Pemegang Saham
business proceeds for the financial year Perseroan yang namanya tercatat dalam Daftar Pemegang Saham Perseroan
ended on 31 December 2019. (recording date) pada tanggal 30 Juni 2020;
b. Menyisihkan sebagai cadangan sebesar AS$100.000,- sebagaimana disyaratkan
pada Pasal 70 UUPT dan sesuai Pasal 22 Anggaran Dasar Perseroan;
c. Sisa laba bersih akan ditambahkan pada laba ditahan untuk pengembangan
kegiatan usaha Perseroan; serta
2. Menyetujui pemberian kewenangan kepada Direksi Perseroan untuk mengatur
lebih lanjut tata cara pembagian dividen dimaksud dan mengumumkannya dengan
memperhatikan peraturan yang berlaku pada bursa efek di mana saham dicatatkan.
1. Approved the use of the Company’s net profit for the 2019 financial years amounting to
US$7,556,445 to be used as follows:
a. To be distributed as cash dividends amounting to Rp36,250,000,000 proportionally
on 22 July 2020 to the Shareholders of the Company whose names were listed on the
Company’s Shareholders List on the recording date of 30 June 2020;
b. To be set aside as reserve amounting to US$100,000, as stipulated by Article 70
of the Limited Liability Company Law and Article 22 of the Company’s Articles of
Association;
c. The remaining net profit will be added to the Company’s retained earnings for further
development of the Company’s business; and
2. Approved to grant authority to the Board of Directors of the Company to further regulate
the procedures for dividend distribution as stated above and to announce it by taking
into consideration all the prevailing regulations in the stock market where the Company’s
shares are listed.


Keputusan melalui musyawarah mufakat. Dividen saham telah dibagikan pada 22 Juli 2020 kepada para Pemegang Saham yang
Decisions through Consensus agreement. namanya tercatat dalam Daftar Pemegang Saham (recording date) sampai 30 Juni 2020.
Share dividends were distributed on 22 July 2020 to the Shareholders of the Company whose
names were listed on the Company’s Shareholders List on the recording date of 30 June 2020.
Mata Acara 3
Agenda 3
Agenda Keputusan
Agenda Resolution
Penunjukan Akuntan Publik Perseroan 1. Menunjuk Kantor Akuntan Publik Purwantono, Sungkoro & Surja sebagai kantor akuntan
untuk tahun buku 2020. publik yang akan mengaudit Laporan Keuangan Perseroan untuk tahun buku 2020; dan
Appointment of a public accountant for 2. Memberi kuasa kepada Dewan Komisaris untuk menetapkan persyaratan-persyaratan
the Company for the 2020 financial years. lain dan besarnya biaya jasa auditor dengan memperhatikan kewajaran serta ruang
lingkup pekerjaan audit serta menunjuk akuntan publik pengganti apabila kantor
akuntan yang telah ditunjuk tidak dapat melaksanakan tugasnya terkait dengan
ketentuan pasar modal di Indonesia.
1. Appointed Purwantono, Sungkoro & Surja Public Accounting Firm to audit the Company’s
Financial Statements for the 2020 financial years; and
2. Granted authority to the Board of Commissioners to determine other requirements and
the auditor’s fee by taking into account the principle of fairness and the audit scope, and
to appoint a substitute public accounting firm should the appointed public accounting
firm fail to accomplish its duties related to the provisions of the Indonesian capital
market.
Mata Acara 4
Agenda 4
Agenda Keputusan
Agenda Resolution
Penetapan gaji/honorarium dan tunjangan 1. Menetapkan honorarium dan tunjangan bagi Dewan Komisaris sebesar
lainnya bagi anggota Dewan Komisaris Rp6.205.387.500,- sebelum dipotong pajak, untuk tahun buku 2020 yang akan dibagikan
dan Direksi Perseroan. kepada 3 anggota Dewan Komisaris, serta memberikan kewenangan kepada Dewan
Determination of salary/honorarium and Komisaris untuk menetapkan pembagian diantara anggota Dewan Komisaris; serta
other benefits for members of the Board 2. Memberikan kuasa kepada Dewan Komisaris untuk menetapkan honorarium dan
of Commissioners and Board of Directors tunjangan lainnya bagi anggota Direksi Perseroan untuk tahun buku 2020.
of the Company. 1. Determined the honorarium and benefits for the members of the Board of Commissioners
and Board of Directors of the Company amounting to Rp6,205,387,500 gross of tax for the
2020 financial years, to be distributed to 3 members of the Board of Commissioners, and
granted authority to the Board of Commissioners to determine the distribution of the fund
among the members of the Board of Commissioners; and
2. Granted authority to the Board of Commissioners to determine the honorarium and other
benefits to the Board of Directors of the Company for the 2020 financial years.
Keputusan melalui musyawarah mufakat. Telah direalisasikan sepenuhnya. Informasi terkait remunerasi Dewan Komisaris dan
Decisions through Consensus agreement. Direksi dapat dilihat pada bagian Remunerasi Dewan Komisaris dan Direksi dalam Laporan
Tahunan ini.
Fully implemented. Information related to the remuneration of the Board of Commissioners
and Board of Directors is provided in the section titled Remuneration of the Board of
Commissioners and Board of Directors in this Annual Report.

Mata Acara 5
Agenda 5
Agenda Keputusan
Agenda Resolution
Perubahan susunan pengurus Perseroan. Menyetujui pengangkatan Haris Mustarto sebagai anggota Direksi Perseroan terhitung
Changes to the Company’s management sejak tanggal ditutupnya Rapat ini, dengan masa jabatan mengikuti sisa masa jabatan
composition. anggota Direksi Perseroan yang ada.
Menyetujui susunan pengurus Perseroan sejak ditutupnya Rapat sebagai berikut.
Dewan Komisaris
Komisaris Utama : Rachmat Mulyana Hamami
Komisaris : Mivida Hamami
Komisaris Independen : Arief Tarunakarya Surowidjojo
Direksi
Direktur Utama : Achmad Ananda Djajanegara
Direktur : Adrian Erlangga
Direktur : Haris Mustarto
Approved the appointment of Haris Mustarto as member of the Company’s Board of

Directors starting from the closing of this Meeting, with the same term of office as the other
members of the Company’s Board of Directors.
Approved the composition of the Company’s management starting from the closing of the
Meeting, as follows.
President Commissioner : Rachmat Mulyana Hamami
Commissioner : Mivida Hamami
Independent Commissioner : Arief Tarunakarya Surowidjojo
Board of Directors
President Director : Achmad Ananda Djajanegara
Director : Adrian Erlangga
Director : Haris Mustarto

Pelaksanaan RUPS 2019 Implementation of 2019
Sepanjang tahun 2019, Perseroan hanya menyelenggarakan In 2019, the Company held an Annual GMS with the following
RUPS Tahunan dengan rincian sebagai berikut. details.
RUPS Tahunan 2019

2019 Annual GMS
Pemegang Saham Jajaran Pengurus

Shareholders The Executive Board
Pemegang Saham yang mewakili 2.184.821.100 saham atau setara Komisaris Utama / : Rachmat Mulyana Hamami
79,35% dari seluruh saham dengan hak suara sah yang telah President Commissioner
dikeluarkan Perseroan. Komisaris / Commissioner : Mivida Hamami
Shareholders representing 2,184,821,100 shares or equal to 79.35% Komisaris Independen / : Arief Tarunakarya Surowidjojo
of all shares with valid voting rights issued by the Company. Independent Commissioner
Direktur Utama / : Achmad Ananda Djajanegara
President Director
Direktur / Director : Adrian Erlangga
Direktur Independen / : Syahnan Poerba
Independent Director
Pemberitahuan Pengumuman
Notifications Announcement
19 Maret 2019 26 Maret 2019

kepada Otoritas Jasa Keuangan berdasarkan Surat No. ABM- melalui situs web Perseroan dan Bursa Efek Indonesia, serta Surat
BOD/057/ADJ/III/2019. Kabar Harian Ekonomi Neraca.
19 March 2019 26 March 2019
to OJK in Letter No. ABM-BOD/057/ADJ/III/2019. on the Company and Indonesia Stock Exchange Website, and
Ekonomi Neraca Daily Newspaper.
Undangan Pelaksanaan
Invitation Implementation
10 April 2019 2 Mei 2019

melalui situs web Perseroan dan Bursa Efek Indonesia, serta Surat di Hotel Veranda Grand Oakwood Room
Kabar Harian Ekonomi Neraca. Jl. Kyai Maja No. 63 Kebayoran Baru, Jakarta Selatan, 12130.
10 April 2019 2 May 2019
on the Company and Indonesia Stock Exchange Website, and in Hotel Veranda Grand Oakwood Room
Ekonomi Neraca Daily Newspaper. Jl. Kyai Maja No. 63 Kebayoran Baru, South Jakarta, 12130.
Hasil RUPS
GMS Resolutions
3 Mei 2019
melalui situs web Perseroan dan Bursa Efek Indonesia, serta Surat Kabar Harian Terbit. Risalah Rapat tertuang di dalam
Akta Berita Acara RUPS Tahunan No. 11 yang dibuat oleh Notaris Jose Dima Satria, SH, MKn.
3 May 2019
on the Company and Indonesia Stock Exchange Website, and Terbit Daily Newspaper. The minutes of meeting are stipulated in
Deed of Minutes of AGMS No. 11 prepared by Notary Jose Dima Satria, SH, MKn.

Hasil keputusan RUPS Tahunan Perseroan diungkapkan The Company’s Annual GMS Resolutions are disclosed as
Mata Acara 1
Agenda 1
Agenda Keputusan
Agenda Resolution
Persetujuan atas Laporan Tahunan Perseroan 1. Menyetujui Laporan Tahunan Perseroan untuk tahun buku 2018 termasuk Laporan
dan Pengesahan Laporan Keuangan Pelaksanaan Tugas Pengawasan Dewan Komisaris selama tahun buku 2018; dan
Konsolidasian Auditan Perseroan dan 2. Mengesahkan Laporan Keuangan Perseroan untuk tahun buku 2018 yang telah diaudit
Entitas Anak untuk tahun buku yang oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja sesuai dengan Laporan
berakhir pada 31 Desember 2018, serta No. 00357/2.1032/AU.1/10/0686-2/1/III/2019 tanggal 28 Maret 2019 dengan pendapat
Laporan Pelaksanaan Tugas Pengawasan “wajar dalam semua hal yang material” sekaligus memberikan pelunasan dan
Dewan Komisaris selama tahun buku 2018. pembebasan tanggung jawab sepenuhnya (acquit et decharge) kepada Direksi dan
Approval to the Company’s Annual Report Dewan Komisaris atas pengurusan dan pengawasan Perseroan selama tahun buku
and ratification of the Company’s and 2018 sepanjang telah diungkapkan dalam Laporan Keuangan tahun buku 2018.
Subsidiaries’ Audited Consolidated 1. Approved the Company’s Annual Report for the 2018 financial years including the Board
Financial Statements for the financial year of Commissioners’ Supervisory Report for 2018; and
ended on 31 December 2018, as well as 2. Ratified the Company’s Financial Statements for the 2018 financial years as audited
the Board of Commissioners’ Supervisory by Purwantono, Sungkoro & Surja Public Accounting Firm in line with the Report
Report for 2018. No. 00357/2.1032/AU.1/10/0686-2/1/III/2019 on 28 March 2019 with unqualified opinion,
and granted full acquittal and discharge to the Board of Directors and the Board of
Commissioners for their management and supervision of the Company throughout
the 2018 financial years to the extent that such actions had been reported in the 2018
Financial Statements.
Decisions through deliberative consensus. Fully implemented.
Mata Acara 2
Agenda 2
Agenda Keputusan
Agenda Resolution
Penetapan penggunaan hasil usaha 1. Menyetujui penggunaan laba bersih Perseroan tahun buku 2018 yang seluruhnya
perseroan untuk tahun buku yang berakhir berjumlah AS$65.492.582,- sebagai berikut.
pada 31 Desember 2018. a. Membagikan dividen tunai sejumlah Rp100.000.000.000,- yang akan
Determination of the use of the Company’s didistribusikan secara proporsional pada 31 Mei 2019 kepada para Pemegang
business proceeds for the financial year Saham Perseroan yang namanya tercatat dalam Daftar Pemegang Saham
ended on 31 December 2018. Perseroan (recording date) pada 14 Mei 2019;
b. Menyisihkan sebagai cadangan sebesar AS$100,000,- sebagaimana disyaratkan
pada Pasal 70 UUPT dan sesuai Pasal 22 Anggaran Dasar Perseroan;
c. Sisa laba bersih akan ditambahkan pada laba ditahan untuk pengembangan
kegiatan usaha Perseroan; dan
2. Menyetujui pemberian kewenangan kepada Direksi Perseroan untuk mengatur
lebih lanjut tata cara pembagian dividen dimaksud dan mengumumkannya dengan
memperhatikan peraturan yang berlaku pada bursa efek dimana saham dicatatkan.
1. Approved the use of the Company’s net profit for the 2018 financial years amounting to
US$65,492,582,- to be used as follows:
a. To be distributed as cash dividends amounting to Rp100,000,000,000, proportionally
on 31 May 2019 to the Shareholders of the Company whose names were listed on the
Company’s Shareholders List on the recording date of 14 May 2019;
b. To be set aside as reserve amounting to US$100,000, as stipulated by Article 70 of the
Limited Liability Company Law and Article 22 of the Company’s Articles of Association;
c. The remaining net profit will be added to the Company’s retained earnings for further
development of the Company’s business; and
2. Approved to grant authority to the Board of Directors of the Company to further regulate
the procedures for dividend distribution as stated above and to announce it by taking
into consideration all the prevailing regulations in the stock market where the Company’s
shares are listed.


Keputusan melalui musyawarah mufakat. Dividen saham telah dibagikan pada 31 Mei 2019 kepada para Pemegang Saham yang
Decisions through deliberative consensus. namanya tercatat dalam Daftar Pemegang Saham (recording date) sampai 14 Mei 2019.
Share dividends were distributed on 31 May 2019 to the Shareholders of the Company whose
names were listed on the Company’s Shareholders List on the recording date of 14 May 2019.
Mata Acara 3
Agenda 3
Agenda Keputusan
Agenda Resolution
Penunjukan akuntan publik Perseroan 1. Menunjuk Kantor Akuntan Publik Purwantono, Sungkoro & Surja sebagai kantor
untuk tahun buku 2019. akuntan publik yang akan mengaudit Laporan Keuangan Perseroan untuk tahun buku
Appointment of a public accountant for the 2019; dan
Company for FY 2019. 2. Memberi kuasa kepada Dewan Komisaris untuk menetapkan persyaratan-persyaratan
lain dan besarnya biaya jasa auditor dengan memperhatikan kewajaran serta ruang
lingkup pekerjaan audit serta menunjuk akuntan publik pengganti apabila kantor
akuntan yang telah ditunjuk tidak dapat melaksanakan tugasnya terkait dengan
ketentuan pasar modal di Indonesia.
1. Appointed Purwantono, Sungkoro & Surja Public Accounting Firm to audit the Company’s
Financial Statements for the 2019 financial years; and
2. Granted authority to the Board of Commissioners to determine other requirements and
the auditor’s fee by taking into account the principle of fairness and the audit scope, and to
appoint a substitute public accounting firm should the appointed public accounting firm
fail to accomplish its duties related to the provisions of the Indonesian capital market.
Decisions through deliberative consensus. Fully implemented.
Mata Acara 4
Agenda 4
Agenda Keputusan
Agenda Resolution
Penetapan gaji/honorarium dan tunjangan 1. Menetapkan honorarium dan tunjangan bagi Dewan Komisaris sebesar Rp6.374.214.000,-
lainnya bagi anggota Dewan Komisaris dan sebelum dipotong pajak, untuk tahun buku 2019 yang akan dibagikan kepada 3 anggota
Direksi Perseroan. Dewan Komisaris, serta memberikan kewenangan kepada Dewan Komisaris untuk
Determination of salary/honorarium and menetapkan pembagian di antara anggota Dewan Komisaris; dan
other benefits for members of the Board of 2. Memberikan kuasa kepada Dewan Komisaris untuk menetapkan honorarium dan
Commissioners and Board of Directors of tunjangan lainnya bagi anggota Direksi Perseroan untuk tahun buku 2019.
the Company. 1. Determined the honorarium and benefits for the members of the Board of Commissioners
and Board of Directors of the Company amounting to Rp6,374,214,000 gross of tax for
the 2019 financial years, to be distributed to 3 members of the Board of Commissioners,
and granted authority to the Board of Commissioners to determine the distribution of
the fund among the members of the Board of Commissioners; and
2. Granted authority to the Board of Commissioners to determine the honorarium and
other benefits to the Board of Directors of the Company for the 2019 financial years.
Keputusan melalui musyawarah mufakat. Telah direalisasikan sepenuhnya. Informasi terkait remunerasi Dewan Komisaris dan
Decisions through deliberative consensus. Direksi dapat dilihat pada bagian Remunerasi Dewan Komisaris dan Direksi dalam Laporan
Tahunan ini.
Fully implemented. Information related to the remuneration of the Board of Commissioners
and Board of Directors is provided in the section titled Remuneration of the Board of
Commissioners and Board of Directors in this Annual Report.

Mata Acara 5
Agenda 5
Agenda Keputusan
Agenda Resolution
Perubahan susunan pengurus Perseroan. Menerima dan menyetujui pengunduran diri Syahnan Poerba sebagai anggota Direksi
Changes to the Company’s management sekaligus memberikan pembebasan tanggung jawab dan pelunasan penuh (acquit et
composition. decharge) kepadanya untuk pengurusan Perseroan terhitung sejak 1 Januari 2019 hingga
tanggal diterimanya pengunduran diri oleh para Pemegang Saham dalam Rapat.
Menyetujui susunan pengurus Perseroan sejak ditutupnya Rapat sebagai berikut.
Dewan Komisaris
Komisaris Utama : Rachmat Mulyana Hamami
Komisaris : Mivida Hamami
Komisaris Independen : Arief Tarunakarya Surowidjojo
Direksi
Direktur Utama : Achmad Ananda Djajanegara
Direktur : Adrian Erlangga
Accepted and approved the resignation of Syahnan Poerba from his position as a member of
the Board of Directors and provided full acquittal and discharge to him for the management
of the Company starting from 1 January 2019 up to the date resignation letter was accepted
by the Shareholders at the Meeting.
Approved the composition of the Company’s management starting from the closing of the
Meeting, as follows.
President Commissioner : Rachmat Mulyana Hamami
Commissioner : Mivida Hamami
Independent Commissioner : Arief Tarunakarya Surowidjojo
Board of Directors
President Director : Achmad Ananda Djajanegara
Director : Adrian Erlangga
Setuju : 2.184.821.100 saham (100%) Telah direalisasikan sepenuhnya.
Abstain :- Fully implemented.
Tidak Setuju : -
Agree : 2,184,821,100 shares (100%)
Abstain :-
Disagree :-

Dewan Komisaris
Dewan Komisaris merupakan organ perusahaan yang The Board of Commissioners is an organ that has the
bertugas dan bertanggung jawab secara kolektif untuk collective duty and responsibility to supervise and provide
melakukan pengawasan dan pemberian nasihat kepada advice to the Board of Directors on the management of the
Direksi terkait kepengurusan Perseroan. Selain itu, Dewan Company. The Board of Commissioners also ensures that
Komisaris juga senantiasa memastikan pelaksanaan GCG the implementation of GCG at all levels of the organization
di seluruh tingkatan atau jenjang organisasi sudah berjalan is running effectively under the prevailing principles and
efektif sesuai dengan prinsip dan peraturan yang berlaku. regulations.
Pedoman Kerja Work Guidelines
Perseroan telah memiliki Pedoman Dewan Komisaris The Company has a Board Manual that has been approved
(Board Manual) yang disahkan melalui Surat Keputusan through the Decrees of the Board of Commissioners and
Dewan Komisaris dan Direksi No. 009/ABM-RES/DIR/ Directors No. 009/ ABM-RES/DIR/VII/2017 and No. 032/
VII/2017 dan No. 032/ABM-BOC-CIR/VII/2017 tanggal ABM-BOC-CIR/VII/2017 dated 22 August 2017. The guideline
22 Agustus 2017. Pedoman tersebut dijadikan dasar dalam is used as a basis in understanding the regulations related
memahami peraturan-peraturan terkait tata kerja Dewan to the work procedures of the Board of Commissioners. The
Komisaris. Isi Board Manual tersebut terdiri dari: contents of the Board Manual are:
1. Persyaratan dan Komposisi; 1. Requirements and Composition;
2. Masa Jabatan; 2. Term of Office;
3. Tugas dan Wewenang; 3. Duties and Authority;
4. Pembagian Tugas; 4. Division of Duties;
5. Pelaksanaan Rapat; dan 5. Meeting Implementation; and
6. Ketentuan tentang Organ Pendukung. 6. Provisions on Supporting Organs.
Board Manual tersedia di situs web bagian Komitmen Kami The Board Manual is available on the Company’s website
> Tata Kelola > Perangkat-Perangkat GCG (https://abm- under the section of Our Commitments > Governance > GCG
investama.com/upload/Board_Manual_ABMM_2017.pdf). Tools (https://abm-investama.com/upload/Board_Manual_
ABMM_2017.pdf).
Tugas dan Tanggung Jawab Duties and Responsibilities
Tugas dan tanggung jawab Dewan Komisaris berdasarkan The duties and responsibilities of the Board of
Board Manual diuraikan sebagai berikut. Commissioners based on the Board Manual are described
as follows.
1. Melakukan pengawasan atas jalannya pengurusan 1. Supervising the management of the ABM by the Board
ABM oleh Direksi serta memberikan persetujuan atas of Directors and providing approval for the Company’s
rencana pengembangan Perseroan, Rencana Kerja development plan, Long Term Work Plan (RKJP),
Jangka Panjang (RKJP), Rencana Kerja Tahunan (RKT), Annual Work Plan (RKT), and implementation of duties,
serta pelaksanaan tugas, wewenang, dan tanggung authority, and responsibilities according to the Articles
jawab sesuai ketentuan Anggaran Dasar dan keputusan of Association and GMS resolutions as well as the
RUPS serta peraturan perundangan yang berlaku; applicable laws and regulations;
2. Melakukan tugas yang secara khusus diberikan kepadanya 2. Performing tasks specifically given to him according
menurut Anggaran Dasar, peraturan perundangan yang to the Articles of Association, applicable laws and
berlaku, dan/atau berdasarkan keputusan RUPS; regulations, and/or based on the resolution of the GMS;
3. Melakukan tindakan untuk kepentingan Perseroan dan 3. Take action for the interests of the Company and be
bertanggung jawab kepada RUPS; accountable to the GMS;

4. Meneliti dan menelaah Laporan Tahunan yang 4. Researching and examining the Annual Report prepared
dipersiapkan oleh Direksi serta menandatangani by the Board of Directors and signing the report;
laporan tersebut;
5. Mengikuti perkembangan kegiatan Perseroan dan 5. Following the development of the Company’s activities
segera melaporkan kepada RUPS apabila Perseroan and immediately report to the General Meeting
menunjukkan gejala kemunduran yang mencolok of Shareholders if the Company shows a sign of
disertai saran mengenai langkah perbaikan yang harus a significant setback with suggestions regarding
ditempuh; corrective measures that must be taken;
6. Memberikan pendapat dan saran yang sesuai dengan 6. Providing opinions and suggestions in accordance with
tugas pengawasan Dewan Komisaris kepada RUPS the supervisory duties of the Board of Commissioners to
mengenai setiap persoalan lainnya yang dianggap the GMS regarding any other issues deemed important
penting bagi pengelolaan Perseroan; for the management of the Company;
7. Berkoordinasi dan melakukan evaluasi akuntan publik 7. Coordinating and evaluating the public accountant who
yang akan melakukan pemeriksaan atas buku-buku will conduct an examination of the Company’s books,
Perseroan, untuk kemudian diajukan sebagai usulan then submit it as a proposal to the GMS;
kepada RUPS;
8. Memberikan tanggapan atas laporan berkala Direksi 8. Providing responses to the Board of Directors’ periodic
serta pada setiap waktu yang diperlukan mengenai reports and at any time deemed necessary regarding
perkembangan Perseroan dan melaporkan hasil the Company’s development and reporting the results of
pelaksanaan tugasnya kepada Pemegang Saham tepat the duty implementation to the Shareholders on time;
waktu;
9. Memantau efektivitas praktik GCG dan pelaksanaan 9. Monitoring the effectiveness of GCG practices and the
corporate social responsibility (CSR) yang diterapkan implementation of corporate social responsibility (CSR)
Perseroan dan melakukan penyesuaian; implemented by the Company and making adjustments;
10. Menetapkan key performance indicator (KPI) Direksi 10. Establishing Board of Directors’ key performance
setiap awal tahun kerja; indicator (KPI) at the beginning of each business year;
11. Menentukan sistem nominasi, evaluasi kinerja, serta 11. Determining a transparent nomination, performance
remunerasi yang transparan bagi Dewan Komisaris evaluation, and remuneration system for the Board
dan Direksi setelah mempertimbangkan hasil kajian of Commissioners and Directors after considering
Komite Nominasi dan Remunerasi untuk selanjutnya the results of the Nomination and Remuneration
diajukan untuk memperoleh persetujuan RUPS serta Committee’s study to be subsequently submitted to
melaksanakannya demi kepentingan internal Dewan obtain GMS approval and implement it in the internal
Komisaris; interests of the Board of Commissioners;
12. Menentukan sistem nominasi, remunerasi, dan evaluasi 12. Determining the nomination, remuneration, and
kinerja para Senior Eksekutif (General Manager atau performance evaluation system of Senior Executives
setara) yang tidak menjabat sebagai anggota Direksi (General Managers or equivalent) who do not serve as
secara transparan setelah mempertimbangkan hasil members of the Board of Directors, in a transparent
kajian Komite Nominasi dan Remunerasi; manner, after taking into consideration the results of
the Nomination and Remuneration Committee’s review;
13. Meningkatkan kompetensi dan pengetahuannya 13. Increasing their competence and knowledge on an
secara berkesinambungan untuk menjalankan tugas ongoing basis to carry out their duties as a Board of
sebagai Dewan Komisaris secara profesional; Commissioners in a professional manner;
14. Membuat dan menyimpan salinan risalah rapat Dewan 14. Preparing and keeping a copy of the minutes of the
Komisaris dan bila diperlukan Sekretaris Dewan Board of Commissioners’ meetings and if necessary
Komisaris dapat ditunjuk untuk membuat risalah rapat a Secretary of the Board of Commissioners can
Dewan Komisaris; be appointed to make the minutes of the Board of
Commissioners’ meetings;
15. Melaporkan kepada Perseroan mengenai kepemilikan 15. Reporting to the Company regarding ownership of its
sahamnya dan/atau saham keluarganya kepada shares and/or family shares to the Company and ABM
Perseroan dan Grup ABM. Kepemilikan saham anggota Group. Share ownership of members of the Board of
Dewan Komisaris dan keluarganya, baik di dalam atau Commissioners and their families, both inside and
luar perusahaan dan Grup ABM menjadi wajib saat outside the company and the ABM Group becomes

Perseroan dimaksud terlibat dalam kegiatan usaha mandatory when the company is involved in the business
Perseroan dan/atau Grup ABM, namun tidak terbatas activities of ABM and/or ABM Group, but not limited to
dalam bentuk vendor, supplier, atau kerja sama usaha; vendors, suppliers, or business cooperation;
16. Memberikan laporan tentang tugas pengawasan yang 16. Providing reports on the supervisory tasks that have
telah dilakukan selama tahun buku yang baru berakhir been carried out during the financial year that most
kepada RUPS; recently ended to the GMS;
17. Menetapkan keputusan batasan-batasan nilai atas 17. Establishing a decision on the limits of value for the
perbuatan Direksi yang memerlukan persetujuan actions of the Board of Directors that requires written
tertulis Dewan Komisaris; approval from the Board of Commissioners;
18. Memberikan persetujuan terhadap usulan perbuatan 18. Granting approval to the proposed legal actions of the
hukum Direksi yang memerlukan persetujuan tertulis Board of Directors that require written approval from
Dewan Komisaris; dan the Board of Commissioners; and
19. Dewan Komisaris wajib membentuk Komite Audit dan 19. The Board of Commissioners must establish an Audit
dapat membentuk komite lainnya jika dianggap perlu. Committee and may form other committees if deemed
necessary.
Dalam melaksanakan tugasnya, Dewan Komisaris dapat In carrying out its duties, the Board of Commissioners
memperoleh bantuan tenaga ahli untuk hal tertentu, dalam can obtain expert assistance for certain matters and
jangka waktu tertentu atas beban Perseroan. Pembagian certain time period at Company’s expense, the division of
kerja di antara para anggota Dewan Komisaris diatur oleh duties among members of the Board of Commissioners is
mereka sendiri. determined by themselves.
Pembagian Tugas Division of Duties
Pembagian tugas Dewan Komisaris berdasarkan Board The division of duties among members of the Board of
Manual dijelaskan sebagai berikut. Commissioners based on the Board Manual is as follows.
Jabatan Pembagian Tugas

Position Division of Duties
Komisaris Utama • Mengoordinasi seluruh kegiatan Dewan Komisaris; dan

President Commissioner • Memimpin jalannya Rapat Dewan Komisaris dan Rapat Gabungan antara Dewan Komisaris dan Direksi.
• Coordinating all activities of the Board of Commissioners; and
• Leading the course of the Board of Commissioners’ Meetings and Joint Meetings between the Board of
Commissioners and Board of Directors.
Komisaris Independen Bertindak selaku ketua Komite Audit serta Komite Nominasi dan Remunerasi perusahaan atau jabatan
Independent Commissioner lainnya yang diwajibkan oleh peraturan perundang-undangan yang berlaku.
Acting as Chairman of Audit Committee and Nomination and Remuneration Committee of the Company.
Hak dan Wewenang Rights and Authority
Hak dan wewenang yang dimiliki Dewan Komisaris The rights and authority of the Board of Commissioners of
Perseroan diuraikan sebagai berikut. the Company are as follows.
1. Melihat buku-buku, surat-surat, serta dokumen-dokumen 1. Looking at records, letters, and other documents,
lainnya, memeriksa kas untuk keperluan verifikasi dan lain- checking cash for verification purposes, and other
lain surat berharga serta memeriksa kekayaan Perseroan; securities, and checking the Company’s assets;
2. Meminta penjelasan dari Direksi dan/atau pejabat 2. Requesting explanation from the Board of Directors
lainnya mengenai segala persoalan yang menyangkut and/or other officials on any issues related to the
pengelolaan Perseroan; management of the Company;
3. Mengetahui segala kebijakan dan tindakan yang telah 3. Acknowledging all policies and actions that have been
dan akan dijalankan oleh Direksi; and will be carried out by the Board of Directors;

4. Meminta Direksi dan/atau pejabat lainnya di bawah 4. Requesting the Board of Directors and/or other officials
Direksi dengan sepengetahuan Direksi untuk under the Board of Directors under the consent of the
menghadiri rapat Dewan Komisaris; Board of Directors to attend the Board of Commissioners’
Meeting;
5. Dewan Komisaris, melalui rapat setiap waktu, 5. The Board of Commissioners, through meetings at all
berhak memberhentikan untuk sementara waktu times, has the right to temporarily dismiss one or more
seorang atau lebih anggota Direksi, apabila mereka members of the Board of Directors, in the event that
bertindak bertentangan dengan Anggaran Dasar they act in contravention of the Articles of Association
atau terdapat indikasi melakukan kerugian atau or there are indications of causing loss or neglecting
melalaikan kewajibannya atau terdapat alasan their obligations or there are urgent reasons for the
mendesak bagi Perseroan. Pemberhentian sementara Company. Such temporary dismissal shall be notified in
harus diberitahukan secara tertulis kepada yang writing to the concerned member and the Shareholders,
bersangkutan dan Pemegang Saham disertai alasan and shall be furnished with the reasons causing such
pemberhentian tersebut; action;
6. Dalam hal seluruh jabatan Direksi lowong dan 6. In the event that the entire position of the Board of
penggantinya belum ada atau belum memangku Directors is vacant and there is no successor yet or
jabatannya, maka Dewan Komisaris berwenang no one is assuming the position, then the Board of
menunjuk salah satu anggota Dewan Komisaris untuk Commissioners is authorized to appoint one member of
menjalankan tugas pengurusan Perseroan; the Board of Commissioners to carry out the duties of
managing the Company;
7. Kecuali diatur lebih lanjut dalam Board Manual atau 7. Unless stipulated further in the Board Manual or in a
dalam suatu keputusan bersama antara Dewan joint decision between the Board of Commissioners and
Komisaris dan Direksi Perseroan, maka tindakan the Board of Directors of the Company, then the actions
Direksi yang memerlukan persetujuan Dewan of the Board of Directors that require the approval of the
Komisaris adalah sebagai berikut. Board of Commissioners are as follows.
a. Menyetujui pinjaman dari bank atau lembaga a. Approving loan from a Bank or other Financial
keuangan lain atau meminjamkan uang atas nama Institution or lend money on behalf of the Company;
Perseroan;
b. Menyetujui suatu usaha baru atau turut serta pada b. Approving a new business or participation in another
perusahaan lain baik di dalam maupun di luar negeri; company either domestic or overseas;
c. Mengagunkan aktiva tetap Perseroan; c. Pledging the Company’s fixed assets;
d. Melepaskan dan menghapuskan aktiva tetap d. Discharging and writing-off movable or immovable
bergerak atau tidak bergerak dengan nilai minimal fixed assets with a certain minimum value
tertentu yang ditetapkan oleh Dewan Komisaris; dan determined by the Board of Commissioners; and
e. Menghapus dari pembukuan piutang macet sampai e. Writing-off bad debts from the record up to a certain
dengan nilai tertentu sesuai ketetapan Dewan value as determined by the Board of Commissioners.
Komisaris.
Selain memiliki hak dan wewenang dalam melaksanakan In addition to having the rights and authority in carrying out
kegiatan tersebut, Dewan Komisaris dapat menyusun these activities, the Board of Commissioners may prepare
pedoman kerja bagi setiap komite yang bernaung di a work guideline for each committee under its supervision.
bawahnya. Pedoman tersebut dapat dibuat sendiri atau These guidelines can be prepared by themselves or through
melalui usulan Direksi untuk kemudian disetujui oleh a proposal from the Board of Directors to be approved by
Dewan Komisaris. the Board of Commissioners.
Komposisi dan Masa Jabatan Composition and Term of Office
Pengangkatan Dewan Komisaris menjadi wewenang The appointment of members of the Board of Commissioners
RUPS dengan ketentuan mengangkat Komisaris Utama, is under the authority of the GMS with the provisions of
Komisaris Non-Independen, dan Komisaris Independen. appointing a President Commissioner, a Non-Independent

Pengangkatan anggota Dewan Komisaris dilakukan Commissioner and an Independent Commissioner. The
dengan memperhatikan Visi, Misi, dan Rencana Strategis appointment of members of the Board of Commissioners is
Perseroan untuk memungkinkan pengambilan keputusan carried out with due regard to the Company’s Vision, Mission,
yang efektif, tepat dan cepat, serta dapat bertindak secara and Strategic Plan, to enable effective, precise and fast
independen. decision making, and so that each may act independently.
Sementara itu, ketentuan terkait masa jabatan Dewan Meanwhile, provisions relating to the term of office of the
Komisaris sesuai Board Manual Perseroan, yaitu: Board of Commissioners in accordance with the Company’s
Board Manual are:
1. Menjabat untuk jangka waktu terhitung sejak 1. Serving for a period commencing from the date of GMS
tanggal RUPS yang mengangkatnya dan berakhir that appoints them until the close of the 3rd Annual GMS
pada penutupan RUPS Tahunan yang ke-3 setelah after their appointment, and they can be re-elected for
pengangkatannya, namun dapat dipilih kembali untuk the next term;
masa jabatan berikutnya;
2. Menjabat hingga sisa jabatan anggota Dewan Komisaris 2. Serving until the remaining term of office of other
lain yang menjabat dengan ketentuan sebagai berikut. Commissioners is up, under the following conditions.
a. Menggantikan anggota Dewan Komisaris yang a. To replace members of the Board of Commissioners
berhenti atau diberhentikan dari jabatannya; serta who resign or are dismissed from their positions;
and
b. Mengisi posisi baru dalam Dewan Komisaris. b. To fill new positions in the Board of Commissioners.
Berdasarkan ketentuan-ketentuan tersebut, komposisi Based on these provisions, the composition and term of
dan masa jabatan Dewan Komisaris Perseroan pada tahun office of the Company’s Board of Commissioners in 2020
2020 diungkapkan pada tabel berikut. are disclosed in the following table.
Nama Jabatan Periode dan Dasar Pengangkatan

Name Position Term of Office and Basis of Appointment
Rachmat Mulyana Hamami Komisaris Utama • 2011 - 2012 : Akta No. 15 tanggal 14 Desember 2010;
President Commissioner • 2012 - 2015 : Akta No. 47 tanggal 31 Mei 2012;
• 2015 - 2018 : Akta No. 9 tanggal 5 Juni 2015; dan
• 2018 - 2021 : Akta No. 16 tanggal 8 Mei 2018.
• 2011 - 2012 : Deed No. 15 dated 14 December 2010;
• 2012 - 2015 : Deed No. 47 dated 31 May 2012;
• 2015 - 2018 : Deed No. 9 dated 5 June 2015; and
• 2018 - 2021 : Deed No. 16 dated 8 May 2018.
Mivida Hamami Komisaris • 2006 - 2009 : Akta No. 1 tanggal 1 Juni 2006;
Commissioner • 2009 - 2012 : Akta No. 2 tanggal 28 Agustus 2009;
• 2012 - 2015 : Akta No. 47 tanggal 31 Mei 2012;
• 2015 - 2018 : Akta No. 9 tanggal 5 Juni 2015; dan
• 2018 - 2021 : Akta No. 16 tanggal 8 Mei 2018.
• 2006 - 2009 : Deed No. 1 dated 1 June 2006;
• 2009 - 2012 : Deed No. 2 dated 28 August 2009;
• 2012 - 2015 : Deed No. 47 dated 31 May 2012;
• 2015 - 2018 : Deed No. 9 dated 5 June 2015; and
• 2018 - 2021 : Deed No. 16 dated 8 May 2018.
Arief Tarunakarya Surowidjojo Komisaris Independen • 2015 - 2018 : Akta No. 9 tanggal 18 Mei 2015; dan
Independent Commissioner • 2018 - 2021 : Akta No. 16 tanggal 8 Mei 2018.
• 2015 - 2018 : Deed No. 9 dated 18 Mei 2015; and
• 2018 - 2021 : Deed No. 16 dated 8 May 2018.
Informasi terkait profil anggota Dewan Komisaris disajikan Profiles of the Board of Commissioners are presented in the
pada bab Profil Perusahaan dalam Laporan Tahunan ini. Company Profile chapter in this Annual Report.

Integritas Integrity
Perseroan menjamin integritas setiap anggota Dewan The Company guarantees the integrity of each member of
Komisaris dalam melaksanakan tugas dan tanggung the Board of Commissioners in carrying out their duties
jawabnya sesuai dengan nilai-nilai modal dan peraturan and responsibilities in accordance with capital values and
yang berlaku, termasuk dalam hal kepatuhan terhadap applicable regulations, including financial compliance.
aturan keuangan. Namun, apabila Dewan Komisaris However, if the Board of Commissioners is proven to have
terbukti terlibat dalam kejahatan keuangan, Perseroan been involved in any financial crime, the Company will follow
akan menindaklanjuti pelanggaran tersebut sesuai up on the proven violation in accordance with the provisions
dengan ketentuan dalam Anggaran Dasar dan peraturan in the Articles of Association and the applicable laws and
perundang-undangan yang berlaku. regulations.
Komisaris Independen Independent Commissioner
Sesuai Peraturan Otoritas Jasa Keuangan No. 33/ In accordance with OJK Regulation No. 33/POJK.04/2014 on
POJK.04/2014 tentang Direksi dan Dewan Komisaris Board of Directors and Board of Commissioners of Issuers or
Emiten atau Perusahaan Publik, setiap perusahaan publik Public Companies, each public company is required to have
diwajibkan memiliki Komisaris Independen setidaknya an Independent Commissioner of at least 30% of the total
30% dari total anggota Dewan Komisaris. Hingga akhir members of the Board of Commissioners. Up to the end of
2020, Perseroan memiliki 1 Komisaris Independen dari 2020, the Company had one Independent Commissioner out
total 3 anggota Dewan Komisaris. Jabatan tersebut diisi of a total of three members of the Board of Commissioners.
oleh Arief Tarunakarya Surowidjojo. Dengan demikian, The position was filled by Arief Tarunakarya Surowidjojo.
ketentuan tersebut telah terpenuhi. Accordingly, this requirement have been fulfilled.
Pihak yang ditunjuk sebagai Komisaris Independen telah The party appointed as Independent Commissioner has
memenuhi kriteria pengangkatan sebagai berikut. fulfilled the following appointment criteria.
Kriteria Independensi
Independence Criteria
Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab untuk
merencanakan, memimpin, mengendalikan, atau mengawasi kegiatan Perseroan dalam
waktu 6 bulan terakhir, kecuali untuk pengangkatan kembali sebagai Komisaris Independen
pada periode berikutnya. √
Not being employed nor having the authority and responsibility to plan, lead, control, or
supervise the Company’s activities within the last 6 months, except for re-appointment as the
Company’s Independent Commissioner in the next period.
Tidak mempunyai saham, baik langsung maupun tidak langsung.

√
Not possessing any shares of the Company, either directly or indirectly.
Tidak mempunyai hubungan afiliasi dengan Perseroan, baik anggota Dewan Komisaris,
anggota Direksi, Pemegang Saham Utama/Saham Mayoritas atau Pemegang Saham
Pengendali Perseroan. √
Not affiliated with the Company, or its members of the Board of Commissioners, members of
the Board of Directors, Majority or Controlling Shareholder.
Tidak mempunyai hubungan usaha, baik langsung maupun tidak langsung, yang berkaitan
dengan kegiatan usaha Perseroan.
√
Does not have any business relationship, either directly or indirectly, with any company that is
related in any way whatsoever with the Company’s business.
√= terpenuhi | x = tidak terpenuhi / √= Fulfilled | x = Not fulfilled

Keberagaman Komposisi Diversity of Composition
Keberagaman komposisi Dewan Komisaris merupakan The diversity of the composition of the Board of
salah satu upaya Perseroan agar proses pengambilan Commissioners is one of the Company’s efforts to ensure
keputusan bersifat objektif, komprehensif, dan optimal that decision-making process is objective, comprehensive,
serta diharapkan dapat memberikan dampak positif and optimal, and is expected to have a positive impact
pada pengawasan perusahaan. Hingga akhir 2020, on the supervision of the Company. Up to the end of
Perseroan belum memiliki kebijakan yang secara khusus 2020, the Company did not have a policy that specifically
yang mengatur tentang keberagaman komposisi Dewan regulates the diversity of the composition of the Board of
Komisaris. Meskipun demikian, mekanisme nominasi Commissioners. However, the Board of Commissioners’
Dewan Komisaris dilakukan melalui Group Executive nomination mechanism is carried out through Group
Management (GEM) dengan standar nominasi berbasis Executive Management (GEM) with competence-based
kompetensi dan posisi yang dibutuhkan dalam Grup nomination standards and positions needed in ABM Group
ABM serta memperhatikan keberagaman pendidikan, and takes into consideration diversity in terms of education,
pengalaman kerja, usia, dan jenis kelamin. Dengan work experience, age, and gender. As such, the current
demikian, komposisi Dewan Komisaris saat ini telah composition of the Board of Commissioners has met the
memenuhi unsur keberagaman, sebagaimana disajikan diversity criterion, as presented in the following table.
pada tabel berikut.
Aspek Keberagaman Penjelasan

Diversity Aspect Description
Pendidikan Latar belakang pendidikan Dewan Komisaris Perseroan beragam, mulai

Education dari S1 hingga S2, meliputi Pendidikan Bisnis, Administrasi Niaga,
Pemasaran, Administrasi Bisnis, dan Hukum.
The educational backgrounds of the members of the Board of
Commissioners vary, from undergraduate to postgraduate, covering
Business, Business Administration, Marketing, and Law. Komposisi Dewan Komisaris
telah memenuhi unsur
Pengalaman Kerja Keberagaman pengalaman kerja Dewan Komisaris antara lain berasal keberagaman, yaitu perpaduan
Work Experience dari profesional, baik dari industri yang sejenis dengan Perseroan dari sisi pendidikan, pengalaman
ataupun di luar industri batu bara. kerja, usia, dan jenis kelamin.
The diversity in the work experience of the members of the Board of The composition of the members
Commissioners ranges from professionals that have been working in of the Board of Commissioners
industries related to those the Company is engaged in, as well as other, has fulfilled the diversity
non-coal industries. criterion, as the education, work
Usia Rata-rata usia Dewan Komisaris berada pada usia yang memungkinkan experience, age, and gender of
Age seseorang untuk terus bekerja dan berkarya, yaitu antara 56-67 tahun. the members vary.
The average age of the members of the Board of Commissioners is in a
range that allows them to continue working, i.e. between 56–67 years.
Jenis Kelamin Terdapat 1 orang anggota Dewan Komisaris yang berjenis kelamin wanita.
Gender One member of the Board of Commissioners is a female.
Rangkap Jabatan Concurrent Position
Berdasarkan Board Manual, anggota Dewan Komisaris Based on the Board Manual, members of the Board of
dapat merangkap jabatan sebagai: Commissioners may hold concurrent positions as:
1. Anggota Direksi paling banyak pada 2 emiten atau 1. Members of the Board of Directors in at most 2 issuers
perusahaan publik; or public companies;
2. Anggota Dewan Komisaris paling banyak pada 2 emiten 2. Members of the Board of Commissioners in at most 2
atau perusahaan publik; issuers or public companies;
3. Apabila anggota Dewan Komisaris tidak merangkap 3. If a member of the Board of Commissioners does not
jabatan sebagai anggota Direksi, anggota Dewan hold any concurrent positions as members of the
Komisaris yang bersangkutan dapat merangkap Board of Directors, then that member of the Board of

jabatan sebagai anggota Dewan Komisaris paling Commissioners may hold concurrent positions as a
banyak pada 4 emiten atau perusahaan publik lain; dan member of the Board of Commissioners in at most 4
other issuers or public companies; and
4. Anggota Dewan Komisaris dapat merangkap sebagai 4. Members of the Board of Commissioners can
anggota komite paling banyak pada 5 komite di emiten concurrently serve as committee members at most in 5
atau perusahaan publik di mana yang bersangkutan committees in the issuers or public companies in which
juga menjabat sebagai anggota Direksi atau anggota said members also serve as members of the Board of
Dewan Komisaris. Directors or of the Board of Commissioners.
Informasi terkait rangkap jabatan masing-masing anggota A more detailed information regarding the concurrent positions
Dewan Komisaris disajikan pada bab Profil Perusahaan of each member of the Board of Commissioners is presented
dalam Laporan Tahunan ini. in the Company Profile chapter in this Annual Report.
Pelaksanaan Tugas Tahun 2020 Implementation of Duties in 2020
Sepanjang 2020, Dewan Komisaris ABM telah Throughout 2020, the ABM Board of Commissioners carried
melaksanakan tugas dan tanggung jawabnya terkait out its duties and responsibilities related to supervision and
pengawasan dan pemberian nasihat terhadap: advisory by:
1. Pengelolaan/pengurusan perusahaan yang dilakukan 1. Management/management of the Company as a whole
Direksi secara keseluruhan; as carried out by the Board of Directors;
2. Proses bisnis rencana investasi yang akan dilakukan 2. The business processes for the investment plan to be
oleh ABM; carried out by ABM;
3. Penentuan struktur remunerasi eksekutif di Grup ABM; 3. Determination of the remuneration structure for
executives in ABM Group;
4. Penetapan Visi 2025. 4. Determination of Vision 2025.
Selain itu, terdapat 4 surat keputusan yang disahkan oleh In addition, the Board of Commissioners issued 4 decrees
Dewan Komisaris selama 2020, yaitu: during 2020, namely:
Perihal Tanggal
Subject Date
Surat Keputusan Dewan Komisaris No. 011/ABM-BOC-CIR/IV/2020 tentang Pengangkatan Ketua RUPS ABM 2020
15 April 2020
BOC Decree No. 011/ABM/BOC-CIR/IV/2020 on Appointment of the Chair of ABM’s 2020 GMS
Surat Keputusan Dewan Komisaris No. 026/ABM-BOC-SK/XI/2020 tentang re RKJP-RKAP ABM 2021-2025
BOC Decree No. 026/ABM-BOC-SK/XI/2020 on Long Term Work Plan and Annual Work Plan and Budget of 26 November 2020
ABM for 2021–2025
Surat Keputusan Dewan Komisaris No. 027/ABM-BOC-SK/XI/2020 tentang Project Valiant
10 December 2020
BOC Decree No. 027/ABM-BOC-SK/XI/2020 on Project Valiant
Surat Keputusan Dewan Komisaris No. 028/ABM-BOC-SK/XII/2020 tentang Peningkatan Modal CKB
10 December 2020
BOC Decree No. 028/ABM-BOC-SK/XI/2020 on Capital Increase in CKB
Rapat Meetings
Rapat Internal Internal Meetings

Dewan Komisaris diwajibkan menyelenggarakan rapat The Board of Commissioners is required to hold an internal
internal setidaknya setiap 3 bulan sekali. Namun, rapat meeting at least once every 3 months. However, meetings
dapat dilaksanakan setiap waktu bila: can be held at any time if:
1. Dipandang perlu oleh seorang atau lebih anggota 1. It is deemed necessary by one or more members of the
Dewan Komisaris; Board of Commissioners;
2. Terdapat permintaan tertulis dari satu atau lebih 2. There is a written request from one or more members of
anggota Dewan Komisaris; dan the Board of Commissioners; and

3. Terdapat permintaan tertulis dari 1 atau lebih Pemegang 3. There are written requests from 1 or more Shareholders
Saham yang bersama-sama memiliki 1/10 atau lebih dari who jointly own 1/10 or more of the total shares with
jumlah seluruh saham dengan hak suara. voting rights.
Sepanjang 2020, Dewan Komisaris tercatat mengadakan In 2020, the Board of Commissioners conducted 8 internal
8 kali rapat internal, yang diselenggarakan secara virtual meetings conducted virtually through Microsoft Teams. The
melalui Microsoft Teams. Tingkat kehadiran rapat internal attendance rate of these internal meetings of the Board of
Dewan Komisaris diungkapkan sebagai berikut. Commissioners is disclosed as follows.
Alasan
Persentase
Nama Jabatan Total Rapat Kehadiran Ketidakhadiran
Percentage
Name Position Total Meeting Attendance Reason for
(%)
Absence
Komisaris Utama
Rachmat Mulyana Hamami 8 8 100,00 -
Komisaris
Mivida Hamami 8 8 100,00 -
Commissioner
Arief Tarunakarya Surowidjojo 8 8 100,00 -
Rata-Rata Kehadiran (%) / Average Attendance Rate (%) 100,00
Agenda Rapat Meeting Agenda

Secara umum, agenda rapat internal Dewan Komisaris In general, the agendas for the Board of Commissioners'
tahun 2020 membahas tentang: internal meetings in 2020 were:
1. Laporan atas kinerja tahun 2019; 1. Report on 2019 performance;
2. Tinjauan atas bonus tahun 2020; 2. Overview of the 2020 bonus;
3. Rencana suksesi; 3. Succession plan;
4. Laporan kuartalan 2020 Perseroan; 4. The Company's 2020 quarterly report;
5. Anggaran Perseroan; serta 5. The Company's budget; and
6. Kinerja keuangan Perseroan per November 2020. 6. The Company's financial performance as at November
2020.
Rapat Gabungan Dewan Komisaris dengan Joint Meetings of the Board of

Direksi Commissioners with the Board of Directors
Selain mengadakan rapat internal, Dewan Komisaris juga In addition to holding internal meetings, the Board of
mengadakan rapat dengan mengundang Direksi, utamanya Commissioners also holds meetings by inviting members
Direktur Utama. Rapat yang wajib diselenggarakan of the Board of Directors, ultimately the President Director.
setidaknya 1 kali dalam 4 bulan ini memiliki agenda yang The meeting must be held at least once every 4 months and
lebih spesifik untuk didiskusikan. has more specific agendas for discussion.
Sepanjang 2020, Dewan Komisaris mengundang dan Throughout 2020, the Board of Commissioners invited and
melaksanakan 7 kali rapat bersama dengan Direksi, yang held 7 joint meetings with the Board of Directors, which were
diselenggarakan secara virtual melalui Microsoft Team. held virtually through Microsoft Teams. The attendance rate
Tingkat kehadiran rapat gabungan Dewan Komisaris of the joint meetings of the Board of Commissioners and the
dengan Direktur Utama diungkapkan sebagai berikut. President Director is disclosed as follows.

Alasan
Persentase
Percentage
(%)
Absence
Komisaris Utama
Komisaris
Commissioner
Direktur Utama
Achmad Ananda Djajanegara 7 7 100,00 -
President Director
Direktur
Adrian Erlangga 7 7 100,00 -
Director
Direktur
Haris Mustarto* 7 7** 100,00 -
Director

**Termasuk kehadiran saat menjabat sebagai Chief Administration Officer.
* Effective in office since the closing of the Annual GMS on 18 June 2020.
** Including attendance while serving as Chief Administration Officer.

Secara umum, agenda rapat gabungan Dewan Komisaris In general, the agendas for the Board of Commissioners
dan Direktur Utama tahun 2020 membahas tentang kinerja and President Director joint meetings in 2020 dealt with
bulanan Perseroan. Melalui rapat ini, Dewan Komisaris the Company's monthly performance. Through these
meninjau kinerja bulanan Perseroan sebagaimana yang meetings, the Board of Commissioners reviewed the
dipaparkan oleh Direktur Utama, termasuk pemberikan monthly performance of the Company as presented by the
saran dan rekomendasi untuk pengelolaan/pengurusan President Director, including providing suggestions and
Perseroan bulan berikutnya. recommendations for the management of the Company to
be conducted in the following month.
Program Peningkatan Kompetensi Competency Improvement
ABM senantiasa memfasilitasi pelaksanaan program Program ABM always facilitates the implementation of
pengembangan kompetensi mulai dari level teratas hingga human resource development programs from top to bottom
bawah sebagai bentuk komitmen dalam menciptakan level as a form of the Company’s commitment in creating
SDM yang unggul dan berdaya saing. Kebijakan mengenai superior and competitive HR. The policies on the capability
program peningkatan kompetensi Dewan Komisaris improvement program for the Board of Commissioners are
1. Program peningkatan kompetensi dilaksanakan guna 1. Capability improvement programs are carried out in
meningkatkan efektivitas Dewan Komisaris; order to improve the work effectiveness of the Board of
Commissioners;
2. Rencana pelaksanaan program peningkatan 2. Plans for implementing capability improvement program
kompetensi wajib diuraikan dalam Rencana Kerja dan shall be included in the Board of Commissioners’ Work
Anggaran Dewan Komisaris; Plan and Budget;
3. Anggota Dewan Komisaris yang mengikuti program 3. Each Member of the Board of Commissioners who
peningkatan kompetensi berupa seminar dan participates in the capability improvement program
pelatihan harus menyajikan presentasi untuk anggota such as seminars and training must present to other
Dewan Komisaris lain guna berbagi informasi dan Members of the Board of Commissioners in order to
pengetahuan; dan share information and knowledge; and

4. Anggota Dewan Komisaris bertanggung jawab 4. Such member of the Board of Commissioners is
membuat laporan tentang pelaksanaan program responsible for making a report on the capability
peningkatan kompetensi untuk disampaikan kepada improvement program implementation. Such report is
Dewan Komisaris. submitted to the Board of Commissioners.
Informasi terkait program peningkatan kompetensi yang A more detailed information regarding competence
diikuti Dewan Komisaris di tahun 2020 diungkapkan development programs for members of the Board of
sebagai berikut. Commissioners in 2020 is disclosed as follows.
Materi Pengembangan
Tempat dan Waktu
Nama Jabatan Kompetensi Penyelenggara
Pelaksanaan
Name Position Competence Facilitator
Time and Venue
Development Material
Rachmat Mulyana Komisaris Utama Workshop Branding ABM Makki Makki Jakarta, 8 January 2020
Hamami President Group
Commissioner Pathways to Global Reporting Jakarta, 4 Maret 2020
Sustainability: Making Initiative di Jakarta Jakarta, 4 March 2020
Business More Attractive Global Reporting Initiative
to Investors, Media, and in Jakarta
Public
Mivida Hamami Komisaris Pathways to Global Reporting Jakarta, 4 Maret 2020
Commissioner Sustainability: Making Initiative di Jakarta Jakarta, 4 March 2020
Business More Attractive Global Reporting Initiative
to Investors, Media, and in Jakarta
Public
Arief Tarunakarya Komisaris Independen Seminar dengan Tema Himpunan Konsultan Online, 17 Juni 2020
Surowidjojo Independent Implementasi E-RUPS dan Hukum Pasar Modal Online, 17 June 2020
Commissioner E-PROXY Berdasarkan (HKHPM)
POJK 15/2020 dan POJK Capital Legal Consultants
16/2020 Association (HKHPM)
Seminar with the theme
of implementing E-GMS
and E-PROXY based on
POJK 15/2020 and POJK
16/2020
Manajemen Risiko Raharja Duta Solusindo Online, 5 Mei 2020
Perbankan Level 5 (RDS)-Consultant Online, 5 May 2020
Banking Risk Management Raharja Duta Solusindo
Level 5 (RDS) - Consultant
Topik BCM dan Crisis Raharja Duta Solusindo 2020
Management (RDS)-Consultant
Topics: BCM and Crisis Raharja Duta Solusindo
Management (RDS) - Consultant

Direksi
Board of Directors
Direksi merupakan pelaksana dan penanggung jawab The Board of Directors is in charge and responsible for
atas pengelolaan Perseroan sesuai dengan peraturan managing the Company following laws and regulations and
perundang-undangan dan Anggaran Dasar. Direksi juga the Articles of Association. The Board of Directors must
dituntut untuk memastikan pelaksanaan GCG yang also ensure the comprehensive implementation of GCG at
komprehensif di seluruh tingkatan atau jenjang organisasi. all organization levels within the Company.
Perseroan telah memiliki Pedoman Direksi (Board Manual) The Company has a Board Manual that has been approved
yang disahkan melalui Surat Keputusan Dewan Komisaris through the Board of Commissioners and the Board of
dan Direksi No. 009/ABM-RES/DIR/VII/2017 dan No. 032/ Directors Decrees No. 009/ABM-RES/DIR/VII/2017 and
ABM-BOCCIR/ VII/2017 tanggal 22 Agustus 2017. Pedoman No. No. 32/ABM-BOC-CIR/ VII/2017 dated 22 August 2017.
ini dijadikan dasar dalam memahami peraturan-peraturan These guidelines form the basis for understanding the rules
terkait tata kerja Direksi. Isi Board Manual tersebut terdiri concerning the Board of Directors’ working procedures. The
dari: contents of the Board Manual are:
1. Persyaratan dan Komposisi; 1. Requirements and Composition;
2. Masa Jabatan; 2. Term of Office;
3. Tugas dan Wewenang; 3. Duties and Authority;
4. Pembagian Tugas; 4. Division of Duties;
5. Pelaksanaan Rapat; 5. Meeting Implementation;
6. Ketentuan tentang Organ Pendukung; 6. Provisions on Supporting Organs;
7. Perbuatan Direksi yang Memerlukan Persetujuan 7. The Board of Directors’ actions that require written
Tertulis Dewan Komisaris; dan approval from the Board of Commissioners; and
8. Perbuatan Direksi yang Memerlukan Persetujuan 8. The Board of Directors’ actions that require approval of
RUPS. the GMS.
Board Manual tersedia di situs web bagian Komitmen Kami Board Manual is available on the Company’s website under
> Tata Kelola > Perangkat-Perangkat GCG (https://abm- the section of Our Commitment >Corporate Governance >
investama.com/upload/Board_Manual_ABMM_2017.pdf). GCG Soft Structure section(https://abm-investama.com/
upload/Board_Manual_ABMM_2017.pdf).
Tugas dan tanggung jawab Direksi berdasarkan Board The Board of Directors duties and responsibilities based on
Manual diuraikan sebagai berikut. Board Manual described as follows.
1. Melaksanakan pengurusan perusahaan untuk 1. Carrying out the company’s management in accordance
kepentingan dan tujuan Perseroan dan bertindak with the Company’s purposes and objectives and acting
selaku pimpinan dalam pengurusan tersebut, serta as the management leader, and representing the ABM
mewakili ABM, baik di dalam maupun di luar pengadilan; inside and outside the Court;
2. Memelihara dan mengurus kekayaan Perseroan; 2. Maintain and manage the Company’s assets;
3. Menjaga independensi Direksi dengan tidak melakukan 3. Maintaining independence of the Board of Directors
aktivitas yang dapat mengganggu independensinya by not carrying out activities that could interfere their
dalam mengurus Perseroan; independency in managing the Company;
4. Mewakili Perseroan di dalam maupun di luar pengadilan 4. The Board of Directors has the right to represent
serta melakukan segala tindakan dan perbuatan baik the Company both inside and outside the Court, and

mengenai pengurusan maupun mengenai pemilikan performs all actions and good deeds concerning the
kekayaan Perseroan serta mengikat Perseroan dengan administration of and ownership of the Company’s
pihak lain dan/atau pihak lain dengan Perseroan, assets, and binds the Company with other parties and/
dengan pembatasan-pembatasan yang ditetapkan or other parties with the Company, with limitations set
dalam Anggaran Dasar; forth in the Company’s Articles of Association;
5. Menyampaikan apabila ada keberatan atau pendapat 5. Delivering objection or a different opinion (dissenting
yang berbeda (dissenting opinion/comment) atas opinion/ comment) on the Board of Directors decision
keputusan Direksi yang memiliki potensi tidak that has potential unfavorable and/or detrimental
menguntungkan dan/atau merugikan Perseroan. to the Company. Members of the Board of Directors
Pendapat anggota Direksi yang berbeda menjadi bukti different opinions serve as evidence of internal release
pembebasan tanggung jawab secara internal atas of responsibility for the Board of Directors’ decision in
keputusan Direksi yang dimaksud; dan question; and
6. Membentuk komite yang dianggap perlu untuk 6. The Board of Directors has the right to form committees
membantu pengurusan Perseroan. Komite yang deemed necessary to assist in the management of the
bernaung di bawah Direksi wajib memiliki suatu Company. The Committees under the Board of Directors
pedoman kerja yang disetujui Direksi dalam must have working guidelines approved by the Board of
melaksanakan tugasnya. Directors in performing their duties.
Wewenang Direksi Authority of the Board of Directors
Wewenang yang dimiliki Direksi Perseroan untuk The Company’s Directors authority to promote the
mendukung pelaksanaan tugas dan tanggung jawabnya implementation of their duties and responsibility is describe
diuraikan sebagai berikut. as follows.
1. Mewakili Perseroan di dalam dan di luar pengadilan; 1. Representing the Company inside and outside court;
2. Menyelenggarakan RUPS setiap kali dianggap perlu 2. Organizing GMS whenever deemed necessary upon a
atas permintaan tertulis dari seorang atau lebih written request from one or more members of the Board
anggota Dewan Komisaris atau Pemegang Saham yang of Commissioners or Shareholders representing at least
mewakili sekurang-kurangnya 1/10 dari jumlah saham 1/10 of the number of shares with voting rights;
yang memiliki hak suara;
3. Menyelenggarakan Rapat Direksi tiap kali dianggap 3. Organizing the Board of Directors Meeting whenever
perlu oleh seseorang atau lebih anggota Direksi atau deemed necessary by one or more members of the
atas permintaan tertulis dari seorang atau lebih Board of Directors or at the written request of one
anggota Dewan Komisaris atau Pemegang Saham yang or more members of the Board of Commissioners or
mewakili sekurang-kurangnya 1/10 dari jumlah saham Shareholders who represent at least 1/10 of the number
yang memiliki hak suara; of shares with voting rights;
4. Mengesahkan Laporan Tahunan Perseroan, termasuk 4. Approving the Company’s Annual Report, including the
di dalamnya Laporan Keuangan; Financial Statements;
5. Mengusulkan perubahan Rencana Kerja Tahunan (RKT) 5. Proposing changes to the Annual Work Plan (RKT) and
dan Rencana Kerja Jangka Panjang (RKJP); dan Long Term Work Plan (RKJP); and
6. Mengajukan kebijakan dan prosedur di dalam masing- 6. Proposing policies and procedures within each
masing departemen atau unit kerja yang bernaung di department or work unit under each member of
bawah masing-masing anggota Direksi guna mencapai the Board of Directors supervision to achieve the
sasaran kerja di masing-masing fungsi departemen employment targets in the respective functions of the
atau unit kerja yang bernaung di bawahnya. department or work unit under its aegis.

Pembagian Tugas Direksi Division of Duties of the Board of Directors
Pembagian tugas Direksi dijelaskan sebagai berikut. Division of duties of the Board of Directors is explained as follows.
Tugas Pokok Direktur Utama

Main Duties of the President Director
• Memberikan arahan dan mengendalikan Kebijakan, Visi, Misi, • Providing guidance and control of Company Policies, Vision,
dan Strategi Perseroan; Mission, and Strategy Company;
• Mengoordinasikan pemecahan masalah Perseroan, kebijakan • Coordinating the Company’s problem solving, policy planning,
perencanaan, pengendalian, pencapaian sasaran jangka controls, achievement of long-term objectives, audit policies,
panjang Perseroan, kebijakan audit, peningkatan budaya, enhancement of corporate culture, image, and governance
citra, dan tata kelola perusahaan (GCG); (GCG);
• Merumuskan, menyempurnakan, dan melaksanakan rencana • Formulating, refining, and implementing the new ABM Group
pengembangan bisnis baru Grup ABM; dan business development plan; and
• Membawahi Unit Audit Internal dan Sekretaris Perusahaan, • Supervising the Group Internal Audit and Corporate Secretary,
serta departemen-departemen Business Process Improvement, as well as Business Process Improvement, Corporate Planning
Corporate Planning Budgeting, Transformation & Growth, serta Budgeting, Transformation & Growth, and Strategic Planning &
Divisi Strategic Planning & Business Development. Business Development departments.
Tugas Pokok Direksi1

Main Duties of the Board of Directors1
• Melaksanakan pengurusan Perseroan sesuai kepentingan • Managing the Company in the interest and purpose of the
dan tujuan Perseroan, bertindak selaku pimpinan dalam Company, acting as the principal leadership in the management,
pengurusan tersebut, serta mewakili Perseroan baik di dalam and representing the Company in and outside of the court of
maupun di luar pengadilan2; law2;
• Memelihara dan mengurus kekayaan Perseroan; • Maintaining and administering the Company’s assets;
• Menjaga independensi Direksi dengan tidak melakukan • Maintaining the independence of the Board of Directors by
aktivitas yang dapat mengganggu independensinya dalam not taking part in any activities that may compromise such
mengurus Perseroan; independence in managing the Company;
• Melaporkan kepada Perseroan mengenai kepemilikan saham • Reporting to the Company regarding the shares owned by
miliknya dan/atau keluarganya di Perseroan atau Grup themselves and/or their family members in the Company or ABM
ABM berikut perubahannya paling lambat 3 hari kerja sejak Group, along with the changes thereto, at the latest 3 business
terjadinya transaksi dan melaporkannya kepada Otoritas days after the transaction has taken place, and reporting it to the
Jasa Keuangan paling lambat 10 hari kerja sejak terjadinya OJK at the latest 10 business days after the transaction has taken
transaksi3. Laporan kepemilikan saham anggota Direksi dan/ place3. Reporting of share ownership by the members of the Board
atau keluarganya pada perusahaan di luar Perseroan dan Grup of Directors and/or their family members in the business entities
ABM menjadi wajib saat perusahaan dimaksud terlibat dalam outside of the Company and ABM Group becomes mandatory once
kegiatan usaha Perseroan dan/atau Grup ABM termasuk, these business entities become involved in the Company’s and/
namun tidak terbatas dalam bentuk vendor, supplier, atau or ABM Group’s business activities, including but not limited to as
kerja sama usaha; vendors, suppliers, or business partners;
• Melaporkan kepada Perseroan apabila terdapat potensi benturan • Reporting to the Company any potential for conflict of interest related
kepentingan atas suatu transaksi di Perseroan atau di Grup ABM to any transaction in the Company or ABM Group, at the latest 5
paling lambat 5 hari kerja sebelum transaksi dilakukan; business days prior to the date the transaction is to take place;
• Direksi berhak mewakili Perseroan di dalam maupun di luar • The Board of Directors has the right to represent the Company
pengadilan serta melakukan segala tindakan dan perbuatan baik in and outside of the court of law and to take any measures
mengenai pengurusan maupun mengenai pemilikan kekayaan and actions related to the management and safekeeping of
Perseroan serta mengikat Perseroan dengan pihak lain dan/atau the Company’s assets and to bind the Company with any other
pihak lain dengan Perseroan, dengan pembatasan-pembatasan party and vice versea, with the limitations as stipulated in the
yang ditetapkan dalam Anggaran Dasar Perseroan; Company’s Articles of Association;
• Anggota Direksi wajib menyampaikan apabila ada keberatan • Members of the Board of Directors must submit and objection
atau pendapat yang berbeda (dissenting opinion/comment) or dissenting opinion/comment on the decisions taken by the
atas keputusan Direksi yang memiliki potensi tidak Board of Directors that may be disadvantageous or detrimental
menguntungkan/atau merugikan Perseroan. Pendapat to the Company. The dissenting opinion of the members of
anggota Direksi yang berbeda menjadi bukti pembebasan the Board of Directors will serve as an evidence to acquit
tanggung jawab secara internal atas keputusan Direksi yang themselves internally from the consequences of the relevant
dimaksud; serta decisions taken by the Board of Directors; and
• Direksi berhak membentuk komite yang dianggap perlu untuk • The Board of Directors has the right to establish committees
membantu pengurusan Perseroan. Komite yang bernaung deemed necessary to assist the management of the Company.
di bawah Direksi wajib memiliki suatu pedoman kerja yang The committees under the Board of Directors must own a work
disetujui Direksi dalam melaksanakan tugasnya. guideline (charter) approved by the Board of Directors to carry
out their duties.
Keterangan: Notes:
1. Direksi Perseroan terdiri atas Direktur Utama dan Direktur. 1. The Board of Directors of the Company consists of the President
Director and the Directors.
2. Anggaran Dasar Perseroan Pasal 15. 2. The Company’s Articles of Association, Article 15.
3. Praktik ASEAN Corporate Governance Scorecard (ACGS) yang dipublikasikan 3. A practice of the ASEAN Corporate Governance Scorecard (ACGS) as
oleh ASEAN Capital Market Forum (ACMF) pada bulan Mei 2017. published by the ASEAN Capital Market Forum (ACMF) in May 2017.

Batasan Tanggung Jawab Direksi: Limit of the Responsibility of the Board of

Tindakan Direksi yang Memerlukan Directors Actions of the Board of Directors
Persetujuan dari Dewan Komisaris dan that Require Approval from the Board of
Pemegang Saham Commissioners and Shareholders
Perseroan telah mengatur batasan tanggung jawab Direksi The Company has set limits on the Board of Directors’
terkait tindakan Direksi yang memerlukan persetujuan responsibility that are related to actions that require
dari pihak lain, yaitu: approval from other parties, namely:
1. Tindakan tertentu yang kewenangannya telah diatur 1. Certain actions for which the authority has been
dan disetujui bersama dengan Dewan Komisaris, maka regulated and agreed by the Board of Commissioners,
Direksi harus terlebih dahulu memperoleh persetujuan the Board of Directors must first obtain approval written
tertulis dari Dewan Komisaris; serta from the Board of Commissioners; and
2. Tindakan Direksi memerlukan persetujuan dari 2. Directors’ actions require the Shareholders’ approval
Pemegang Saham melalui mekanisme RUPS. through the GMS.
Tindakan-tindakan yang dimaksud dalam penjelasan The actions referred in the explanation are described in the
tersebut diuraikan dalam tabel berikut. following table.
Tindakan Direksi yang Memerlukan Tindakan Direksi yang Memerlukan

Persetujuan Tertulis Dewan Komisaris Persetujuan RUPS
Actions of Board of Directors Requiring Actions of Board of Directors
Written Approval of the Board of Commissioners Requiring GMS Approval
• Meminjam atau • Borrowing or lending money • Mengubah Anggaran Dasar; • Amending the Articles of
meminjamkan uang atas on behalf of the Company; Association;
nama Perseroan; • Penggabungan usaha; • Business merger;
• Merger atau akuisisi • Mergers or acquisitions • Peleburan; • Merger;
(termasuk akuisisi yang (including acquisitions that • Pengambilalihan; • Take over;
tidak menimbulkan do not cause expropriation), • Pemisahan usaha; • Spin off;
pengambilalihan), joint joint ventures and joint • Pengajuan permohonan • Submitting a bankruptcy
venture, dan joint operation; operations; pailit; application;
• Pendirian Entitas Anak • Incorporation of Subsidiary; • Perpanjangan jangka waktu • Extension of the period
Perseroan; berdirinya Perseroan; of establishment of the
• Membuka cabang Perseroan; • Opening a branch of the Company;
Company; • Pembubaran Perseroan; • Dissolution of the Company;
• Menjual saham Entitas Anak; • Selling shares of Subsidiaries; • Menjaminkan lebih dari 50% • Guaranteeing more than 50%
• Menjual ≤ 50% aset • Selling ≤ 50% of the aset Perseroan; of the Company’s assets;
Perseroan; Company’s assets; • Meningkatkan/mengurangi • Increasing/reducing issued
• Menjaminkan ≤ 50% aset • Guaranteeing ≤ 50% of the modal ditempatkan dan capital and paid up capital;
Perseroan; Company’s assets; modal disetor;
• Investasi/proyek/tender; • Investment/project/tender; • Membeli kembali saham • Buying back shares
• PHK massal; • Mass layoffs; (buyback) atau efek pada (buybacks) or securities on
• Penggajian dan bonus Direksi; • Payments and bonuses of pasar modal atau lembaga the capital market or other
• Rencana Kerja Tahunan Board of Directors; keuangan lainnya; financial institutions;
(RKT) dan Rencana Kerja • Annual Work Plan (RKT) and • Pelepasan serta pelunasan • Releasing and discharging
Jangka Panjang (RKJP); Long-Term Work Plan (RKJP); tanggung jawab Dewan the responsibilities of the
• Laporan Tahunan Perseroan; • Company’s Annual Report; Komisaris dan Direksi; Board of Commissioners and
• Laporan Keuangan Tahunan • Company’s Annual Financial Board of Directors;
Perseroan; Statements; • Mengikat Perseroan menjadi • Binding the Company to
• Penghapusan aset, piutang, • Write-off assets, accounts penjamin; become guarantor;
dan penagihan (ad hoc); receivables, and collection • Perubahan pengurus • Changing the management of
(ad hoc); Perseroan; the Company;
• Dividen interim; • Interim dividend; • Penetapan bonus, gaji, serta • Determination of bonuses,
• Membeli kembali saham • Buying back shares and/or tunjangan Dewan Komisaris salaries, and benefits of the
dan/atau menjual surat sell securities issued by the dan Direksi; dan Board of Commissioners and
berharga yang diterbitkan Company on capital markets/ Board of Directors; and
Perseroan di pasar modal/ financial institutions; • Penetapan auditor • Determination of an
lembaga keuangan; independen atau kantor independent auditor or public
• Menyewakan aset untuk • Renting out assets for more akuntan publik. accountant firm.
jangka waktu lebih dari 3 than 3 years; and
tahun; serta
• Mengikat Perseroan menjadi • Binding the Company to
penjamin. become guarantor.

Selain ketentuan di atas, Direksi harus memperhatikan In addition to the provisions above, the Board of Directors
ketentuan dalam Limit of Authority yang mengatur shall pay attention to the provisions of the limit of authority
tindakan yang memerlukan persetujuan Dewan Komisaris that regulate actions that require approval of the Board of
dan/atau Pemegang Saham. Commissioners and/or Shareholders.
Direksi diangkat dan diberhentikan oleh Pemegang Saham Members of the Board of Directors are appointed and dismissed
dari calon yang telah diusulkan oleh Komite Nominasi dan by the Shareholders from a list of candidates nominated by the
Remunerasi dengan ketentuan mengangkat paling sedikit Nomination and Remuneration Committee with the provision
2 orang, salah satunya Direktur Utama. Pengangkatan that at least 2 persons are to be appointed, one of them being
anggota Direksi dilakukan dengan memperhatikan the President Director. The appointment of members of the
Visi, Misi, dan Rencana Strategis Perseroan untuk Board of Directors is carried out with due regard to the Vision,
memungkinkan pengambilan keputusan yang efektif, tepat Mission and Strategic Plan of the Company, appropriate and fast
dan cepat, serta dapat bertindak secara independen. decisionmaking, and that each member can act independently.
Sementara itu, ketentuan terkait masa jabatan Direksi Meanwhile, the provisions related to Directors term of office
sesuai Board Manual Perseroan, yaitu: based on the Company’s Board Manual are:
1. Menjabat untuk jangka waktu terhitung sejak 1. Serving for a period commencing from the date of GMS
tanggal RUPS yang mengangkatnya dan berakhir that appoints them until the close of the 3rd Annual GMS
pada penutupan RUPS Tahunan yang ke-3 setelah after their appointment, and they can be re-elected for
pengangkatannya, namun dapat dipilih kembali untuk the next term;
masa jabatan berikutnya;
2. Menjabat hingga sisa jabatan anggota Direksi lain yang 2. Serving until the remaining term of office of other
menjabat dengan ketentuan sebagai berikut. Directors is up, under the following conditions.
a. Menggantikan anggota Direksi yang berhenti atau a. To replace members of the Board of Directors who
dihentikan dari jabatannya; serta resign or are dismissed from their positions; and
b. Mengisi posisi baru dalam Direksi. b. To fill new positions in the Board of Directors.
dan masa jabatan Direksi Perseroan pada tahun 2020 office of the Company’s Board of Directors in 2020 are
diungkapkan pada tabel berikut. disclosed in the following table.
Nama Jabatan Periode dan Dasar Pengangkatan

Name Position Term of Office and Basis of Appointment
Achmad Ananda Djajanegara Direktur Utama • 2010-2012 : Akta No. 2 tanggal 28 Agustus 2009;
President Director • 2012-2015 : Akta No. 47 tanggal 31 Mei 2012;
• 2015-2018 : Akta No. 9 tanggal 15 Juni 2015; dan
• 2018-2021 : Akta No.16 tanggal 8 Mei 2018.
• 2010-2012 : Deed No. 2 dated 28 August 2009;
• 2012-2015 : Deed No. 47 dated 31 May 2012;
• 2015-2018 : Deed No. 9 dated 15 June 2015; and
• 2018-2021 : Deed No.16 dated 8 May 2018.
Adrian Erlangga Direktur • 2014-2015 : Akta No. 47 tanggal 19 Mei 2014;

Director • 2015-2018 : Akta No. 9 tanggal 5 Juni 2015; dan
• 2018-2021 : Akta No.16 tanggal 8 Mei 2018.
• 2014-2015 : Deed No.47 dated 19 May 2014;
• 2015-2018 : Deed No. 9 dated 5 June 2015; and
• 2018-2021 : Deed No.16 dated 8 May 2018.
Haris Mustarto* Direktur 2020-2021 : Akta No. 146 tanggal 18 Juni 2020.
Director Deed No.146 dated 18 June 2020.


Informasi terkait profil anggota Direksi disajikan pada bab Profiles of the Board of Directors are presented in the
Profil Perusahaan dalam Laporan Tahunan ini. Company Profile chapter in this Annual Report.
Integritas Integrity
Perseroan menjamin integritas setiap anggota Direksi The Company guarantees the integrity of each member
dalam melaksanakan tugas dan tanggung jawabnya sesuai of Board of Directors in exercising their duties and
dengan nilai-nilai moral dan peraturan yang berlaku, responsibilities in accordance with prevailing moral values
termasuk dalam hal kepatuhan terhadap aturan keuangan. and regulations, including compliance to financial rules.
Namun, apabila Direksi terbukti terlibat dalam kejahatan However, if the Board of Directors is proven to have been
keuangan, Perseroan akan menindaklanjuti pelanggaran involved in any financial crimes, the Company will follow up
tersebut sesuai ketentuan Anggaran Dasar dan peraturan on the violations based on the Articles of Association and
perundang-undangan yang berlaku. the applicable laws and regulations.
Independensi Independence
ABM menjamin seluruh anggota Direksi menjalankan ABM guarantees that all members of the Board of Directors
tugasnya tanpa tekanan dari pihak manapun. Direksi exercises their duties without pressure from any party. The
Perseroan senantiasa bekerja secara profesional, penuh Company’s Board of Directors always works professionally,
kesungguhan, serta mengedepankan kepentingan with good intent, and prioritize the interests of the company
perusahaan dan para pemangku kepentingan. and its stakeholders.
Keberagaman Komposisi Diversity of Composition
Keberagaman komposisi Direksi merupakan salah satu The diversity of the composition of the Board of Directors
upaya agar proses pengambilan keputusan bersifat is one of the Company’s efforts to ensure that decision-
objektif, komprehensif, dan optimal serta diharapkan making process is objective, comprehensive, and optimal,
dapat memberikan dampak positif pada pengelolaan and is expected to have a positive impact on the supervision
perusahaan. Hingga akhir 2020, Perseroan belum of the Company. Up to the end of 2020, the Company did
memiliki kebijakan yang secara khusus mengatur not have a policy that specifically regulates the diversity
tentang keberagaman komposisi Dewan Komisaris. of the composition of the Board of Directors. However,
Meski demikian, mekanisme nominasi Dewan Komisaris the Board of Directors’ nomination mechanism is carried
dilakukan melalui Group Executive Management (GEM) out through Group Executive Management (GEM) with
dengan standar nominasi berbasis kompetensi dan posisi competencebased nomination standards and positions
yang dibutuhkan dalam Grup ABM serta memperhatikan needed in ABM Group and takes into consideration diversity
keberagaman pendidikan, pengalaman kerja, dan usia. in terms of education, work experience, age, and gender.
Dengan demikian, komposisi Direksi telah memenuhi As such, the current composition of the Board of Directors
unsur keberagaman, sebagaimana disajikan pada tabel has met the diversity criterion, as presented in the following
berikut. table.

Aspek Keberagaman Penjelasan

Diversity Aspect Description
Pendidikan Latar belakang pendidikan Direksi beragam, mulai dari S1 hingga

Education S2, dengan kompetensi di bidang Administrasi, Hukum, Akuntansi,
Teknologi Pertanian, dan Keuangan.
The educational backgrounds of the members of the Board of
Directors vary, from undergraduate to postgraduate, covering
Business Administration, Law, Accounting, Agricultural Technology, Komposisi Direksi telah memenuhi
and Finance. unsur keberagaman, yaitu perpaduan
dari sisi pendidikan, pengalaman
Pengalaman Kerja Keberagaman pengalaman kerja Direksi antara lain berasal dari
kerja, dan usia.
Work Experience profesional, baik dari industri yang sejenis dengan Perseroan
ataupun di luar industri batu bara. The composition of the members of
the Board of Directors has fulfilled the
The diversity in the work experience of the members of the Board
diversity criterion, as the education,
of Directors ranges from professionals that have been working in
work experience, and age.
industries related to those the Company is engaged in, as well as
other, non-coal industries.
Usia Rata-rata usia Direksi berada di usia produktif, yaitu 54-56 tahun.
Age The average age of the members of the Board of Directors is in a
range that allows them to continue working, i.e. between 54–56 years.
Rangkap Jabatan Concurrent Position
Berdasarkan Board Manual, anggota Direksi dapat Based on the Board Manual, members of the Board of
merangkap jabatan sebagai: Directors may hold concurrent positions as:
1. Anggota Direksi paling banyak pada 1 emiten atau 1. Members of the Board of Directors in at most 1 issuer or
perusahaan publik; public company;
2. Anggota Dewan Komisaris paling banyak pada 3 emiten 2. Members of the Board of Commissioners in at most 3
atau perusahaan publik lain; dan issuers or public companies; and
3. Anggota Direksi dapat merangkap sebagai anggota 3. Members of the Board of Directors can concurrently
komite paling banyak pada 5 komite di emiten atau serve as committee members at most in 5 committees in
perusahaan publik di mana yang bersangkutan juga the issuers or public companies in which said members
menjabat sebagai anggota Direksi atau anggota Dewan also serve as members of the Board of Directors or of
Komisaris. the Board of Commissioners.
Rangkap jabatan dapat dilakukan sepanjang tidak Concurrent positions are permitted as long as they do not
bertentangan dengan peraturan perundang-undangan violate the applicable laws and regulations. Information on
yang berlaku. Informasi terkait rangkap jabatan masing- the concurrent positions of each member of the Board of
masing anggota Direksi disajikan pada bab Profil Directors is presented in the Company Profile chapter in
Sepanjang 2020, Direksi Perseroan telah melaksanakan Throughout 2020, the Board of Directors of the Company
tugas dan tanggung jawab sesuai dengan pembagian conducted its duties and responsibilities in accordance with
tugasnya masing-masing. Namun, secara khusus, the division of duties of each party. However, in particular,
pelaksanaan tugas Direksi difokuskan pada the execution of the Board of Directors’ duties was focused
pengembangan penyusunan Visi ABM untuk tahun 2025. on developing the ABM Vision for 2025.

Rapat Meetings
Rapat Internal Internal Meeting

Direksi wajib menyelenggarakan rapat internal sedikitnya The Board of Directors is required to hold internal
1 kali dalam sebulan. Rapat tersebut juga dapat dilakukan meetings at least once a month. If necessary, the Board
di luar waktu tersebut apabila dianggap perlu atas of Commissioners can also request a meeting upon
permintaan Dewan Komisaris atau atas permintaan the Shareholders’ written request. The Company has a
tertulis Pemegang Saham. Perseroan memiliki Corporate Corporate Calendar related to the Board of Directors’
Calendar terkait jadwal rapat Direksi yang disusun sebelum meeting schedules prepared before the beginning of the
awal tahun buku berjalan. current financial year.
Sepanjang 2020, Direksi mengadakan 52 kali rapat Throughout 2020, the Board of Directors held 52 internal
internal, yang diselenggarakan secara virtual melalui meetings, which were held virtually through Microsoft
Microsoft Team. Tingkat kehadiran rapat internal Direksi Teams. The attendance rate at the internal meetings of the
diungkapkan sebagai berikut. Board of Directors is disclosed as follows.
Alasan
Persentase
Percentage
(%)
Absence
Direktur Utama Cuti Tahunan
Achmad Ananda Djajanegara 52 50 96,15
President Director Annual Leave
Direktur Cuti Tahunan
Adrian Erlangga 52 51 98,08
Director Annual Leave
Direktur
Haris Mustarto* 28 28 100,00 -
Director

* Effectively serving since the closing of the AGMS on 18 June 2020.

Secara umum, agenda rapat internal Direksi membahas In general, the internal meeting agenda of the Board
tentang kinerja bulanan Perseroan dan Entitas Anak, of Directors discusses the monthly performance of the
termasuk pelaksanaan tugas terkini, rencana pengembangan Company and its Subsidiaries, including the implementation
usaha, dan aksi korporasi yang ditargetkan. of the latest tasks, business development plans, and
targeted corporate actions.
Selain itu, Direksi Perseroan telah mengesahkan 3 Surat In addition, the Board of Directors of the Company approved
Keputusan, sebagaimana diungkapkan pada tabel berikut. 3 Decrees, as disclosed in the following table.
Perihal Tanggal
Subject Date
Surat Keputusan Direksi perihal GEM No. 001/ABM-RES-DIR/III/2020
16 March 2020
Decree of the Board of Directors on GEM No. 001/ABM-RES-DIR/III/2020
Surat Keputusan Direksi perihal Piagam GCG No. 002/ABM-RES-DIR/V/2020
13 May 2020
Decree of the Board of Directors on GCG Charter No. 002/ABM-RES-DIR/V/2020
Surat Keputusan Direksi perihal Penunjukan Tim GCG No. 003/ABM-RES-DIR/VIII/2020
31 August 2020
Decree of the Board of Directors on the Appointment of the GCG Team No. 003/ABM-RES-DIR/VIII/2020

Rapat Gabungan Dewan Komisaris dan Joint Meetings of the Board of

Direksi Commissioners and the Board of Directors
Selain mengadakan rapat internal Direksi juga In addition to holding internal meetings the Board of
mengadakan rapat gabungan dengan mengundang Directors also holds meetings by inviting members of the
Dewan Komisaris. Rapat yang wajib diselenggarakan Board of Commissioners. The meeting must be held at least
setidaknya 1 kali dalam 4 bulan. once every 4 months.
Sepanjang 2020, Direksi melaksanakan 4 kali rapat Throughout 2020, the Board of Directors held 4 joint
gabungan, yang diselenggarakan secara virtual melalui meetings, which were held virtually through Microsoft
Microsoft Team. Tingkat kehadiran rapat gabungan Dewan Teams. The attendance rate of the joint meetings of the
Komisaris dengan Direktur Utama diungkapkan sebagai Board of Commissioners and the President Director is
berikut. disclosed as follows.
Alasan
Persentase
Percentage
(%)
Absence
Rachmat Mulyana Komisaris Utama
4 4 100,00 -
Hamami President Commissioner
Komisaris
Commissioner
Arief Tarunakarya Komisaris Independen
4 4 100,00 -
Surowidjojo Independent Commissioner
Achmad Ananda Direktur Utama
4 4 100,00 -
Djajanegara President Director
Direktur
Director
Direktur
Haris Mustarto* 4 4** 100,00 -
Director

**Termasuk kehadiran saat menjabat sebagai Chief Administration Officer.
** Including attendance while serving as Chief Administration Officer.

Secara umum, agenda rapat gabungan Dewan Komisaris In general, the agenda for the joint meeting of the Board
dan Direksi membahas tentang laporan kinerja, baik untuk of Commissioners and the Board of Directors discusses
mengevaluasi pencapaian tahun sebelumnya maupun the performance reports, both as evaluation of the
terhadap pencapaian triwulanan tahun 2020. Melalui rapat previous year's achievements and of the 2020 quarterly
gabungan ini, Direksi juga memaparkan proyek yang sedang achievements. Through these joint meetings, the Board of
dan akan dilakukan Perseroan dan Entitas Anak. Directors also describes the projects that the Company and
its Subsidiaries are currently undertaking.
Program Peningkatan Kompetensi Competency Improvement
ABM senantiasa memfasilitasi pelaksanaan program Program ABM always facilitates the implementation of
pengembangan kompetensi mulai dari level teratas hingga human resource development programs from top to bottom
bawah sebagai bentuk komitmen dalam menciptakan level as a form of the Company’s commitment in creating

SDM yang unggul dan berdaya saing. Kebijakan mengenai superior and competitive HR. The policies on the capability
program peningkatan kompetensi Direksi diuraikan improvement program for the Board of Directors are
sebagai berikut. described as follows.
1. Program peningkatan kompetensi dilaksanakan dalam 1. Capability improvement programs are carried out in order to
rangka meningkatkan efektivitas kerja Direksi; improve the work effectiveness of the Board of Directors;
2. Rencana program harus dimasukkan dalam Rencana 2. The program plan shall be included in the Board of
Kerja Anggaran Direksi; Directors Budget Work Plan;
3. Anggota Direksi yang mengikuti program seperti 3. Members of the Board of Directors who take part in
seminar/pelatihan wajib mempresentasikan hasil programs such as seminars/training must present to
seminar/pelatihan kepada anggota Direksi lain dalam other member of Board of Directors in order to share
rangka berbagi informasi dan pengetahuan; dan information and knowledge; and
4. Anggota Direksi yang dimaksud pada poin 3 membuat 4. The relevant member of Board of Directors is responsible
laporan tentang pelaksanaan program peningkatan for preparing a report on the implementation of the
kompetensi dan disampaikan kepada Dewan Komisaris. capability improvement program and submitting it to
the Board of Commissioners.
Informasi terkait program peningkatan kompetensi yang Related Information about competency improvement program
diikuti Direksi di tahun 2020 diungkapkan sebagai berikut. that was followed by BOD in 2020 is presented as follows.
Tempat dan Waktu

Nama Jabatan Materi Pengembangan Kompetensi Penyelenggara
Pelaksanaan
Name Position Competence Development Material Facilitator
Time and Venue
Achmad Ananda Direktur Utama Workshop Branding ABM Group Makki Makki Jakarta, 8 Januari 2020
Djajanegara President Director Jakarta, 8 January 2020
Mandiri Investment Forum Mandiri Sekuritas Jakarta, 5 Februari 2020

Jakarta, 5 February 2020
Pathways to Sustainability: Making Global Reporting Jakarta, 4 Maret 2020

Business More Attractive to Investors, Initiative Jakarta, 4 March 2020
Media, and Public
Omnibus Law: Government's Breaktrough AHP Lawyer Jakarta, 5 Maret 2020

for Economic Growth Jakarta, 5 March 2020
SEA Metal and Mining Executive Mckinsey Online, 15 April 2020

Roundtable Online, 15 April 2020
SEA Leaders Forum: Retooling for the Bain Online, 8 Juli 2020
New World Online, 8 July 2020
Standard Chartered ASEAN Business Standard Chartered Online, 26 Agustus 2020

Forum: Unlocking The Region's Potential Online, 26 August 2020
ASEAN Country Webinar: Indonesia – Standard Chartered Online, 10 September

Archipelago of Opportunities 2020
Online, 10 September
2020
Bain Leaders Forum 2.0 Bain Online, 6 Oktober 2020

Online, 6 October 2020
Adrian Erlangga Direktur Workshop Branding ABM Group Makki Makki Jakarta, 8 Januari 2020
Director Jakarta, 8 January 2020
Workshop – FGD: MVC Operational Model MVC – ABM Jakarta, 9 Januari 2020
and Organization Jakarta, 8 January 2020
Workshop Target Pencarian Tambang PT Cipta Kridatama Jakarta, 6 Februari 2020

2020 (“CK”) Jakarta, 6 February 2020
2020 Mine Search Target Workshop

Tempat dan Waktu

Pelaksanaan
Time and Venue
Interactive Dialogue on Sustainability ABM Jakarta, 4 Maret 2020

Business ABM Group Jakarta, 4 March 2020

Business More Attractive Initiative Jakarta, 4 March 2020
Seminar “Pencegahan dan ABM Jakarta, 17 Maret 2020

Penanggulangan Virus Corona (Covid-19) Jakarta, 17 March 2020
di Tempat Kerja”
Seminar "Prevention and Control of
Corona Virus (Covid-19) in the Workplace"
Bain: Leaders Forum South East Asia Bain Online, 8 Juli 2020
Online, 8 July 2020
Workshop GML: Finalisasi Strategy ABM Online, 3 November 2020

Planning 2021-2025 (Subs) Online, 3 November 2020
Indonesia’s Economic Resilience After LinkedIn Online, 8 Desember 2020

Biden’s Victory Online, 8 December 2020
Haris Mustarto* Direktur Workshop Branding ABM Group Makki Makki Jakarta, 8 Januari 2020
Director Jakarta, 8 January 2020
Workshop – FGD: MVC Operational Model MVC – ABM Jakarta, 9 Januari 2020
& Organization Jakarta, 9 January 2020
HR Director Breakfast Meeting “Global Perhimpunan Jakarta, 21 Februari 2020

Talent Trend in 2020” Manajemen Jakarta, 21 February 2020
Sumberdaya
Manusia (PMSM)
Interactive Dialogue on Sustainability ABM Jakarta, 4 Maret 2020

Business ABM Group Jakarta, 4 March 2020

Business More Attractive Initiative Jakarta, 4 March 2020
Seminar “Pencegahan dan ABM Jakarta, 17 Maret 2020

Penanggulangan Virus Corona (Covid-19) Jakarta, 17 March 2020
di Tempat Kerja”
Seminar "Prevention and Control of
Corona Virus (Covid-19) in the Workplace"
ABM HR Virtual Workshop Bain Online, 6 Mei 2020

Online, 6 May 2020
ABM Procurement Virtual Workshop Bain Online, 12 Mei 2020

Online, 12 May 2020
ABM HR Virtual Workshop – Part 2 Bain Online, 14 Mei 2020

Online, 14 May 2020
Workshop GML: Finalisasi Strategy ABM Online, 4 November 2020

Planning 2021-2025 for CAO Directorate Online, 4 November 2020
Strengthening The Role of HR as Bain Online, 19 Desember 2020

Business Partner to Improve Company Online, 19 December 2020
Performance


Transparansi Informasi tentang Dewan Komisaris

dan Direksi Tahun 2020
Disclosure of Information on the Board of Commissioners
and the Board of Directors in 2020
Program Orientasi bagi Anggota Orientation Program for New Member

Dewan Komisaris dan Direksi Baru of the Board of Commissioners and the
Board of Directors
Program orientasi bagi anggota Dewan Komisaris dan The orientation program for new member of the Board of
Direksi dimaksudkan untuk memberikan pemahaman Commissioners and the Board of Directors is intended to provide
terhadap kondisi-kondisi yang ada dalam Perseroan. an understanding of the Company’s existing conditions. Thus
Dengan demikian, anggota Dewan Komisaris dan the new new member of the Board of Commissioners and the
Direksi baru tersebut mendapatkan pemahaman yang Board of Directors will be able to obtain a more comprehensive
komprehensif atas kondisi perusahaan, baik secara view and understanding of the Company’s condition, in both
organisasi maupun operasional. Program orientasi organizational and operationl terms. Orientation program for
bagi Dewan Komisaris dan Direksi yang baru diangkat new members of the Board of Commissioners and the Board of
diselenggarakan oleh Sekretaris Perusahaan dengan Directors are conducted by the Corporate Secretary, and the
materi sekurang-kurangnya meliputi: materials at least must include.
Dewan Komisaris Direksi

Board of Commissioners Board of Directors
• Pengenalan kegiatan operasional Perseroan; • Kondisi industri batu bara dan industri penunjang lainnya;
• Peraturan perundang-undangan terkait kegiatan usaha • Profil Perseroan;
Perseroan; • Operasional dan produksi Perseroan; dan
• Aspek GCG di Perseroan; • Kinerja keuangan Perseroan.
• Program Kerja/kegiatan Dewan Komisaris dalam tahun buku • Coal industry conditions and other supporting industries;
berjalan; dan • Company Profile;
• Mekanisme rapat dan pengambilan keputusan Dewan • Operations and production of the Company; and
Komisaris. • Company’s Financial Performance.
• Introduction to Company operations;
• Laws and regulations related to the company’s business
activities;
• GCG Aspects in the Company;
• Work Program/Activities of the Board of Commissioners in the
current fiscal year; and
• Mechanism of meeting and decision making of the Board of
Commissioners.
Hubungan Afiliasi antara Dewan Affiliation between the Board of

Komisaris, Direksi, serta Pemegang Commissioners, Board of Directors, and
Saham Utama dan Pengendali Major and Controlling Shareholders
Hubungan afiliasi Dewan Komisaris, Direksi, serta Affiliations of the Board of Commissioners, Board of
Pemegang Saham Utama dan Pengendali diungkapkan Directors, and Majority and Controlling Shareholders are
sebagai berikut. disclosed as follows.

Dewan Komisaris Direksi Pemegang Saham Utama

Nama Board of Commissioners Board of Directors dan Pengendali
Name Majority and Controlling
RMH MH ATS AAD AE HS Shareholders
RMH √ x x x x √
MH √ x x x x √
ATS x x x x x x
AAD x x x x x x
AE x x x x x x
HS x x x x x
√ = ada | x = tidak ada

√= have relationship | x = no relationship
Keterangan / Notes :
RMH : Rachmat Mulyana Hamami AAD : Achmad Ananda Djajanegara
MH : Mivida Hamami AE : Adrian Erlangga
ATS : Arief Tarunakarya Surowidjojo HM : Haris Mustarto
Berdasarkan penilaian ESG, diperoleh hasil analisis Based on the assessment of the analysis conducted by
yang menyatakan bahwa Perseroan memiliki risiko ESG, the Company has risks related to the relationship with
terkait hubungan dengan Pemegang Saham Utama dan the Majority and Controlling Shareholders. In this regard,
Pengendali. Terkait hal tersebut, Perseroan senantiasa the Company always maintains the independence of each
menjaga independensi masing-masing anggota Dewan member of the Board of Commissioners and the Board
Komisaris dan Direksi serta berupaya seoptimal mungkin of Directors and makes every effort to avoid conflicts of
untuk menghindari adanya benturan kepentingan, interest, especially with matters relating to the practice of
khususnya yang berkaitan dengan praktik korupsi, kolusi, corruption, collusion, and nepotism.
dan nepotisme (KKN).
Remunerasi Dewan Komisaris dan Remuneration of the Board of

Direksi Commissioners and the Board of
Directors
Remunerasi bagi Dewan Komisaris dan Direksi ditetapkan Remuneration of the Board of Commissioners and Board
oleh Pemegang Saham melalui mekanisme RUPS. of Directors is determined by the Shareholders at the
Kebijakan remunerasi di lingkup Grup ABM mengacu GMS. The remuneration policy within ABM Group refers to
pada peraturan perundang-undangan terkait, khususnya the relevant laws and regulations, especially on labor and
ketenagakerjaan dan upah minimum yang berlaku. minimum wage.
Prosedur penetapan remunerasi Dewan Komisaris dan Procedure for determining the remuneration of the Board of
Direksi yang berlaku di Perseroan diuraikan sebagai Commissioners and the Board of Directors is described as
berikut. follows.
1. Direksi, atas persetujuan Dewan Komisaris, menyusun 1. The Board of Directors, upon approval of the Board of
strategi jangka pendek dan jangka panjang Perseroan; Commissioners, develops the Company’s short and
long-term strategy;
2. Direksi, atas persetujuan Dewan Komisaris, 2. The Board of Directors, upon approval of the Board of
menyusun Key Performance Indicator (KPI) Perseroan Commissioners, prepares the Company’s Key Performance
berdasarkan strategi yang sudah disusun; Indicators (KPI) based on the prepared strategy;
3. Direksi secara berkala melakukan evaluasi atas kinerja 3. The Board of Directors periodically evaluates the
dan target melalui penilaian kinerja bulanan; performance and targets through monthly performance
appraisals;

4. Direksi melakukan pelaporan evaluasi atas hasil 4. The Board of Directors prepares evaluation report of
kinerjanya ke Dewan Komisaris secara triwulanan its performance for the Board of Commissioners on a
untuk selanjutnya Dewan Komisaris melakukan quarterly basis for the Board of Commissioners to assess
penilaian serta mengolahnya dengan Komite Nominasi and process with the Nomination and Remuneration
dan Remunerasi; Committee;
5. Komite Nominasi dan Remunerasi akan mengolah hasil 5. The Nomination and Remuneration Committee will
evaluasi yang disampaikan Direksi ke Dewan Komisaris process the evaluation reports submitted by the Board
di akhir tahun. Pengolahan ini didasarkan pada hasil of Directors to the Board of Commissioners at the
survei pasar dan evaluasi KPI, dan selanjutnya Komite end of the year. This processing is based on a market
Nominasi dan Remunerasi memberikan rekomendasi outcome survey and KPI evaluation, and the Nomination
kepada Dewan Komisaris atas remunerasi Dewan and Remuneration Committee will then recommend to
Komisaris dan Direksi; the Board of Commissioners the remuneration for the
Board of Commissioners and the Board of Directors;
6. Dewan Komisaris akan menyampaikan usulan 6. The Board of Commissioners will submit the
remunerasi kepada Pemegang Saham dalam RUPS; remuneration proposals to the Shareholders at the
dan GMS; and
7. RUPS memutuskan nominal total remunerasi Dewan 7. The GMS determined the total amount of remuneration
Komisaris dan memberikan kuasa kepada Dewan for the Board of Commissioners and granted authority to
Komisaris untuk menentukan remunerasi Direksi. determine the remuneration for the Board of Directors.
Proses Penetapan Remunerasi

Process to Determine Remuneration
Penyusunan KPI dan strategi Perseroan oleh Direksi Pelaporan pencapaian KPI dan strategi Perseroan oleh
dan disetujui Dewan Komisaris. Direksi kepada Dewan Komisaris.
Preparation of KPI and Company strategy by the Reporting of KPI achievement and the Company’s strategy
Board of Directors and approved by the Board of Commissioners. by the Board of Directors to the Board of Commissioners.
Komite Nominasi dan Remunerasi memberikan Evaluasi dan penilaian pencapaian KPI
rekomendasi kepada Dewan Komisaris terkait remunerasi dan strategi Perseroan oleh Dewan Komisaris
bagi Dewan Komisaris dan Direksi. serta Komite Nominasi dan Remunerasi.
The Nomination and Remuneration Committee will provide Evaluation and appraisal of KPI achievement and
recommendations to the Board of Commissioners on the remuneration the Company’s strategy by the Board of Commissioners
for the Board of Commissioners and Board of Directors. also the Nomination and Remuneration Committee.
Penyampaian usulan remunerasi bagi Dewan Komisaris Penyampaian usulan remunerasi bagi Dewan Komisaris
dan Direksi oleh Dewan Komisaris kepada dan Direksi oleh Dewan Komisaris kepada
Pemegang Saham dalam RUPS. Pemegang Saham dalam RUPS.
Submission of proposed remuneration for the Submission of proposed remuneration for the
Board of Commissioners and Board of Directors by the Board of Commissioners and Board of Directors by the
Board of Commissioners to Shareholders at the GMS. Board of Commissioners to Shareholders at the GMS.
Penyesuaian dan penetapan besaran remunerasi

bagi Dewan Komisaris dan Direksi.
Adjustment to and determination of the remuneration

amount for Board of Commissioners and Board of Directors.

Kebijakan Penetapan Remunerasi Policy for Determining the Remuneration of

Dewan Komisaris dan Direksi Tahun 2020 the Board of Commissioners and Board of
Directors in 2020
Komite Nominasi dan Remunerasi merupakan pihak yang The Nomination and Remuneration Committee is responsible
bertanggung jawab dalam menyusun dan memberikan for preparing and providing recommendations related
rekomendasi terkait besaran remunerasi anggota Dewan to the remuneration amount of the Company’s Board of
Komisaris dan Direksi Perseroan. Oleh karena itu, dalam Commissioners and Board of Directors. Therefore, in carrying
melaksanakan tugas dan tanggung jawabnya tersebut, out these duties and responsibilities, the Nomination and
Komite Nominasi dan Remunerasi didukung oleh database Remuneration Committee is supported by a database, one
yang salah satunya memuat informasi tentang hasil survei of which contains information about a survey result from a
pada perusahaan sejenis dan sekelas dengan ABM. similar company or the same level with ABM.
Terdapat beberapa indikator yang diperhatikan oleh There are several indicators that considered by the
Komite Nominasi dan Remunerasi Perseroan dalam Company’s Nomination and Remuneration Committee in
menyusun dan merekomendasikan besaran remunerasi preparing and recommending the amount of remuneration
bagi anggota Dewan Komisaris dan Direksi. Indikator- for the members of the Board of Commissioners and Board
indikator tersebut, yaitu: of Directors. These indicators are:
1. Key Performance Indicators (KPI) atau hasil penilaian 1. Key Performance Indicators (KPI) or performance
kinerja masing-masing anggota Dewan Komisaris dan assessment results of each member of the Board of
Direksi; Commissioners and Board of Directors;
2. Kinerja Perseroan; 2. Company’s performance;
3. Ukuran bisnis; dan 3. Business size; and
4. Hasil benchmarking remunerasi di pasar tenaga kerja. 4. Results of remuneration benchmarking in the labor
market.
Berdasarkan keputusan RUPS Tahunan tanggal 18 Juni Based on the Annual GMS resolutions on 18 June 2020, the
2020, telah ditetapkan honorarium dan tunjangan lainnya GMS determined the honorarium and other benefits for the
bagi Dewan Komisaris untuk kinerja tahun buku 2019 Board of Commissioners for the performance of FY 2019 to
sebesar Rp6.205.387.500,-, sebelum dipotong pajak, yang be Rp6,205,387,500, gross of tax, to be distributed to the
akan dibagikan kepada ketiga anggota Dewan Komisaris. three members of the Board of Commissioners. The GMS
RUPS juga memberikan kewenangan kepada Dewan also granted authority to the Board of Commissioners to
Komisaris untuk menetapkan pembagian honorarium dan determine the distribution of honorarium and other benefits
tunjangan lainnya bagi Direksi. for the Board of Directors.
Transparansi Struktur dan Besaran Structure Transparency the Amount

Remunerasi Dewan Komisaris dan Direksi of Remuneration for the Board of
Tahun 2020 Commissioners and Board of Directors in
2020
Remunerasi manajemen kunci Perseroan telah sesuai The Company’s core management remuneration
dengan definisi PSAK No. 7 (Revisi 2010). Informasi terkait accordance with SFAS No. 7 (Revised 2010) definition.
remunerasi Dewan Komisaris dan Direksi dalam 2 tahun Information regarding the remuneration of the Board of
terakhir diungkapkan sebagai berikut. Commissioners and Board of Directors in the past 2 years is
disclosed as follows.

Total
Uraian Jumlah (orang) Total
Description Total (people) (AS$)
2020 2019
Dewan Komisaris / Board of Commissioners
Remunerasi Tetap / Fixed Remuneration
Gaji dan Imbalan Kerja Jangka Pendek
1.881.216 666.119
Short Term Salaries and Employee Benefits
3*
Remunerasi Variabel* / Variable Remuneration*
Pembayaran Berbasis Saham
- -
Share-Based Payment
Direksi / Board of Directors
Remunerasi Tetap / Fixed Remuneration
Gaji dan Imbalan Kerja Jangka Pendek
1.440.410 3.805.495
Short Term Salaries and Employee Benefits
3*
Remunerasi Variabel* / Variable Remuneration*
Pembayaran Berbasis Saham
- -
Share-Based Payment
* Termasuk remunerasi jabatan di Grup ABM.

* Including positional remuneration within ABM Group.
Hubungan antara Remunerasi dengan Correlation between Remuneration and the

Kinerja Perusahaan Company’s Performance
Pemberian remunerasi secara adil dan sesuai harapan Providing fair remuneration and in accordance with the
Dewan Komisaris dan Direksi Perseroan terbukti expectations of the Board of Commissioners and Directors
berbanding lurus dengan kinerja operasional perusahaan. of the Company is proven to be directly proportional
Dengan implementasi strategi Mining Value Chain, to the Company's operational performance. With the
Perseroan dapat mempertahankan kinerja positif pada implementation of the Mining Value Chain strategy, the
aspek operasional, meskipun kinerja keuangan belum Company can maintain positive performance in the
sesuai harapan karena harga batu bara yang terkoreksi operational aspect, even though the financial performance
cukup dalam di tahun 2020. did not achieve what was expected as coal prices plunged
quite deeply in 2020.
Penilaian Penerapan GCG untuk Aspek Assessment of GCG Implementation for

Dewan Komisaris dan Direksi The Aspect of Board of Commissioners
and Board of Directors
Perseroan menyadari bahwa Dewan Komisaris dan Direksi The Company believes that the Board of Commissioners
memiliki peran penting dalam pertumbuhan usaha. and Board of Directors have an important role in business
Oleh karena itu, penilaian penerapan GCG atas kedua growth. Therefore, assessment of GCG implementation
organ tersebut menjadi sebuah keharusan, terlebih lagi for these two governance bodies is a necessity, even more
ABM merupakan salah satu perusahaan terbuka yang so because ABM is a public company that listed its shares
mencatatkan dan memperdagangkan saham kepada on the stock market and that issues global bonds in the
publik serta menerbitkan surat utang global di pasar international capital markets.
modal internasional.

Penilaian penerapan GCG, termasuk untuk Dewan Assessment of GCG implementation, including for the Board
Komisaris dan Direksi, dilakukan melalui 3 tahap metode of Commissioners and the Board of Directors, is carried out
pengukuran sebagaimana disajikan dalam bagan berikut. through three measurement stages, as presented in the
following chart.
Perencanaan Pekerjaan Lapangan Pengkomunikasian

Planning Field Work Communication
Hasil penilaian penerapan GCG tahun 2020 sebagaimana Assessment of GCG implementation results in 2020 as carried
yang telah dilakukan Unit Audit Internal ABM menunjukkan out by ABM’s Internal Audit Unit showed that the aspects of
bahwa untuk Dewan Komisaris dan Direksi Perseroan the Board of Commissioners and the Board of Directors have
dinilai baik. Hasil tersebut selanjutnya dijadikan dasar been considered good. The result is then used as basis for
bagi ABM untuk menyusun strategi penerapan GCG ABM to develop strategy for future GCG implementation in
dalam rangka meningkatkan kualitas GCG perusahaan, order to improve the quality of GCG, especially for the Board
khususnya bagi Dewan Komisaris dan Direksi. of Commissioners and the Board of Directors.
Penilaian Kinerja Dewan Komisaris dan Performance Assessment of Board of

Direksi Commissioners and Board of Directors
Penilaian oleh RUPS Assessment by GMS

Pemegang Saham Perseroan secara berkala melakukan The Company’s Shareholders periodically evaluates
evaluasi atas kinerja Dewan Komisaris dan Direksi the Board of Commissioners and Board of Directors’
setidaknya satu kali dalam setahun. Penilaian kinerja performance at least once a year. Performance evaluation
dilakukan terhadap pelaksanaan tugas dan tanggung is carried out for implementation of duties and the Board of
jawab Dewan Komisaris dan Direksi dalam mengawasi Commissioners and Board of Directors’s responsibilities in
dan mengelola perusahaan sebagaimana yang tercantum supervising and managing the Company as stated in laws
dalam peraturan perundang-undangan dan Anggaran and regulations also in Company’s Articles of Association.
Dasar Perseroan.
Kriteria yang digunakan dalam penilaian ini disampaikan Criteria used for assessment are disclosed openly to the
secara terbuka kepada anggota Dewan Komisaris sejak Board of Commissioners on the date of their appointment.
tanggal pengangkatannya. Khusus bagi Direksi, kriteria- Specifically, for the Board of Directors, these criteria are
kriteria tersebut tercantum dalam kontrak manajemen listed in the management contract, which states the targets
yang menjadi target kinerja Direksi, baik secara kolegial of the Board of Directors’ performance, both collegially and
maupun individual. individually.
Penilaian Melalui Mekanisme Evaluasi Assessment Through Self Evaluation

Mandiri Mechanism
Sejak 2015, Perseroan telah mengesahkan mekanisme Since 2015, the Company has adopted a self assessment
evaluasi mandiri bagi Dewan Komisaris dan Direksi yang mechanism for the Board of Commissioners and the Board
memungkinkan kedua organ ini secara rahasia melakukan of Directors, allowing each of them to secretly engage in the
aktivitas berikut. following activities.
1. Menilai keterlibatan dan kontribusi anggota lainnya; 1. Assessing the contribution and involvement of other
members;
2. Menilai kesiapan, partisipasi, dan kolaborasi anggota 2. Assessing the readiness, participation and collaboration
lainnya; of other members;
3. Mengukur kemampuan unik anggota dan 3. Measuring each member’s special abilities and
membandingkannya dengan kebutuhan yang ada di comparing them with the needs in the Board of
Dewan Komisaris dan Direksi; serta Commissioners and the Board of Directors; and

4. Mengidentifikasi kekuatan, kontribusi, dan peluang 4. Identifying strengths, contributions, and opportunities
pengembangan diri masing-masing. for personal development of each member.
Penilaian kinerja Dewan Komisaris atau Direksi secara The performance assessment of the Board of
mandiri diimplementasikan menggunakan serangkaian Commissioners and the Board of Directors is independently
key performance indicator (KPI) yang sebelumnya telah using a series of key performance indicators (KPI) which have
ditentukan sendiri dan disetujui oleh anggota Dewan been previously determined and approved by the members.
Komisaris atau Direksi. Pada saat pelaksanaan penilaian, At the time of assessment, each member of the Board of
masing-masing anggota Dewan Komisaris dan Direksi Commissioners and the Board of Directors is required to fill
diwajibkan mengisi formulir penilaian yang telah tersedia. in the assessment form that has been provided.
Indikator Penilaian Kinerja Performance Assessment Indicators

Indikator penilaian kinerja Dewan Komisaris Perseroan, Indicators Performance assessment indicators for the
baik melalui RUPS atau evaluasi mandiri, diuraikan sebagai Board of Commissioners, both via GMS or self-assessment,
berikut. are described as follows.
1. Tingkat kehadirannya dalam rapat Dewan Komisaris 1. Level of attendance at Board of Commissioners
maupun rapat dengan komite-komite yang ada; meetings, or meeting with Committees;
2. Kontribusinya dalam proses pengawasan Perseroan; 2. Contribution to the Company’s supervision process;
3. Keterlibatannya dalam penugasan-penugasan 3. Involvement in certain assignments; and
tertentu; dan
4. Ketaatan terhadap peraturan perundang-undangan 4. Adherence to applicable laws and regulations as well as
yang berlaku serta kebijakan Perseroan. Company policies.
Sementara itu, indikator untuk mengukur kinerja Direksi, In addition, the performance assessment indicators for the
meliputi: Board of Directors include:
1. Pelaksanaan tugas dan tanggung jawab masing- 1. Implementation of duties and responsibilities of each
masing anggota Direksi sesuai Anggaran Dasar member of the Board of Directors in accordance with
Perseroan; the Company’s Articles of Association;
2. Pelaksanaan hasil keputusan RUPS Tahunan 2. Implementation of the previous Annual GMS resolutions;
sebelumnya;
3. Penilaian kesehatan Perusahaan yang meliputi 3 3. The Company’s sound assessment covers 3 aspects:
aspek, yaitu:
a. Aspek keuangan; a. Financial aspect;
b. Aspek operasional; b. Operational aspect;
c. Aspek administrasi; dan c. Administration aspect; and
4. Indikator kinerja pendukung lainnya (KPI). 4. Other supporting performance indicators (KPI).
Hasil Penilaian Kinerja Performance Assessment Results

Hasil penilaian kinerja tahun 2020 menunjukkan bahwa Results The 2020 performance assessment results show
Dewan Komisaris dan Direksi telah menjalankan tugas that the Board of Commissioners and the Board of Directors
dan tanggung jawabnya dengan baik serta telah mencapai had carried out their respective duties and responsibilities
target yang ditentukan oleh Perseroan. Dewan Komisaris appropriately, and have achieved the targets set by the
dan Direksi juga senantiasa berpegang teguh pada Company. The Board of Commissioners and the Board
Anggaran Dasar, Board Manual, ketentuan perundang- of Directors always adhered to the Company’s Articles
undangan yang berlaku, serta prinsip-prinsip GCG of Association, Board Manual, the applicable laws and
dalam menjalankan aktivitas operasional dan keuangan regulations, as well as GCG principles in carrying out
Perseroan. Hasil penilaian kinerja tersebut dijadikan dasar operational and financial activities of the Company.
dalam: Performance assessment result are used as a basis for:
1. Pemberian pembebasan tanggung jawab sepenuhnya; 1. Granting full acquittal and discharge of responsibility;
2. Pemberian remunerasi; 2. Awarding remuneration;

3. Pemberhentian dan/atau menunjuk kembali anggota 3. Dismissing and/or reappointing of the Board of
Dewan Komisaris dan Direksi yang bersangkutan; Commissioners and the Board of Directors; and
serta
4. Perbaikan tata kelola untuk meningkatkan efektivitas 4. Refining governance to improve performance
kinerja Dewan Komisaris dan Direksi. effectiveness of the Board of Commissioners and the
Board of Directors.
Penilaian Kinerja Komite di Bawah Performance Assessment of

Dewan Komisaris Committees under the Board of
Commissioners
Dewan Komisaris ABM secara berkala melakukan penilaian The Board of Commissioners of ABM periodically evaluates
terkait kinerja organ pendukungnya, yaitu Komite Audit, the performance of its supporting committees, namely
Komite Nominasi dan Remunerasi, serta Komite Investasi. the Audit Committee, the Nomination and Remuneration
Penilaian tersebut dilakukan menggunakan sistem self- Committee, and the Investment Committee. The assessment
assessment, peer evaluation, atau dengan sistem lain is carried out through systems such as self-assessment,
untuk diputuskan dalam rapat internal Dewan Komisaris. peer evaluation, or other systems to be decided in an internal
Hasil penilaian tahun 2020 menunjukkan bahwa komite- meeting of the Board of Commissioners. In 2020, the Board
komite tersebut telah melaksanakan tugas dan tanggung of Commissioners concluded that these committees have
jawabnya dengan baik sesuai dengan prosedur dan carried out their duties and responsibilities adequately
penilaian kinerja yang ditetapkan. following their established procedures and performance
appraisals.
Penilaian Kinerja Komite di Bawah Performance Appraisal of Committees

Direksi Under the Board of Directors
Direksi ABM secara berkala melakukan penilaian terkait The Board of Directors of ABM periodically evaluates the
kinerja organ pendukungnya, yaitu Komite Kontrak dan performance of its supporting committees and units,
Komite GEM (termasuk juga Sekretaris Perusahaan, namely the Contracts Committee and the GEM Committee
Hubungan Investor, dan Unit Audit Internal). Penilaian (including the Corporate Secretary, Investor Relations, and
tersebut dilakukan menggunakan sistem self-assessment, Internal Audit Unit). The assessment is carried out through
peer evaluation, atau dengan sistem lain untuk diputuskan systems such as self-assessment, peer evaluation, or other
dalam rapat internal Direksi. Hasil penilaian tahun 2020 systems to be decided in an internal meeting of the Board
menunjukkan bahwa komite-komite tersebut telah of Directors. Therefore, in 2020, the Board of Directors
melaksanakan tugas dan tanggung jawabnya dengan concluded that these committees have carried out their
baik sesuai dengan prosedur dan penilaian kinerja yang duties and responsibilities adequately following their
ditetapkan. established procedures and performance appraisals.

Komite di Bawah Dewan Komisaris

Committees Under Board of Commissioners
Komite Audit Audit Committee
Komite Audit merupakan komite yang berada di bawah The Audit Committee is a committee under the coordination
koordinasi Dewan Komisaris. Oleh karena itu, secara of the Board of Commissioners. Structurally, this committee
struktural, komite ini bertanggung jawab kepada is responsible to the Board of Commissioners, particularly
Dewan Komisaris, khususnya terkait efektivitas sistem with regard to the effectiveness of the internal control
pengendalian internal, sistem manajemen risiko, dan system, risk management system, and financial reporting.
pelaporan keuangan.

Perseroan memiliki Piagam Komite Audit yang telah The Company possesses an updated Audit Committee
mengalami pemutakhiran berdasarkan Surat Keputusan Charter pursuant to the Decree of the Board of
Dewan Komisaris ABM No. 012/ABM-BOC-CIR/IV/2018 Commissioners of ABM No. 012/ABM-BOC-CIR/IV/2018
tanggal 19 April 2018. Pedoman tersebut disusun agar dated 19 April 2018. The guidelines were prepared to
Komite Audit dapat melaksanakan tugas dan tanggung support the Audit Committee in carrying out its duties
jawabnya secara efisien, efektif, transparan, independen, and responsibilities efficiently, effectively, transparently,
dapat dipertanggungjawabkan, serta dapat diterima oleh independently, accountably, and acceptable to all
semua pemangku kepentingan. Isi piagam tersebut terdiri stakeholders. The contents of the charter include:
dari:
1. Definisi; 1. Definition;
2. Visi dan Misi; 2. Vision dan Mission;
3. Tujuan Penyusunan Piagam Komite Audit; 3. Purpose of the Audit Committee Charter;
4. Tugas dan Tanggung Jawab; 4. Duties and Responsibilities;
5. Wewenang; 5. Authority;
6. Hubungan dengan Pihak-Pihak Terkait; 6. Relationship with Related Parties;
7. Struktur, Komposisi, dan Keanggotaan; 7. Structure, Composition, and Membership;
8. Persyaratan Keanggotaan; 8. Membership Requirements;
9. Pelaporan; 9. Reporting;
10. Evaluasi Kinerja; 10. Performance Evaluation;
11. Pemberlakuan dan Penyempurnaan; 11. Enforcement and Improvement;
12. Rapat Anggota; 12. eetings;
13. Kode Etik; dan 13. Code of Ethics; and
14. Remunerasi. 14. Remuneration.
Piagam Komite Audit Perseroan tersedia di laman (situs The Audit Committee Charter is available on the Company’s
web) bagian Komitmen Kami > Tata Kelola > Komite Dewan website under the section of Our Commitment > Corporate
Komisaris (https://abm-investama.com/upload/audit_ Governance > BOC Committees (https://abm-investama.
committee_charter_4.pdf). com/upload/audit_committee_charter_4.pdf).
Persyaratan Keanggotaan Requirements

Persyaratan untuk menjadi anggota Komite Audit The requirements for members of the Audit Committee
Perseroan diuraikan sebagai berikut. include:
1. Memiliki integritas yang tinggi, dan kemampuan, 1. Possessing a strong integrity, ability, knowledge, and
pengetahuan, serta pengalaman yang sesuai dengan experience suitable to their fields of work;
bidangnya;
2. Mematuhi Kode Etik Perseroan; 2. Complying with the Company’s Code of Ethics;

3. Mampu berkomunikasi dengan baik; 3. Able to communicate well;

4. Memahami Laporan Keuangan, bisnis perusahaan, 4. Possessing knowledge of Financial Statements, the
proses audit, manajemen risiko, dan peraturan Company’s business, audit processes, risk management,
perundangan-undangan, khususnya di bidang pasar and regulation, especially in the capital market sector
modal serta peraturan perundang-undangan lainnya and other relevant laws and regulations;
yang terkait;
5. Meningkatkan kompetensi secara berkelanjutan; 5. Committed to improving competence continuously;
6. Memenuhi syarat sebagai pihak independen, yaitu 6. Eligible as an independent party with the following
antara lain adalah: backgrounds:
a. Bukan orang dalam, termasuk pihak-pihak yang a. Non-insider, meaning a party who had provided
memberikan jasa audit, jasa konsultan, atau jasa- audit services, consulting services or other services
jasa lain kepada Perseroan dalam 6 bulan terakhir for the Company in the last 6 months before their
sebelum pengangkatannya; appointment;
b. Tidak memiliki saham dalam Perseroan; b. Does not have shares in the Company;
c. Tidak mempunyai hubungan pekerjaan atau usaha c. Does not have work or business relationship with
dengan Perseroan dalam 6 bulan terakhir sebelum the Company in the past 6 months before their
pengangkatannya; appointment;
d. Tidak mempunyai hubungan kekeluargaan dengan d. Does not have a family relationship with the Majority
Pemegang Saham Utama, Dewan Komisaris, Shareholders, the Board of Commissioners, or the
atau Direksi Perseroan yang dapat menimbulkan Board of Directors of the Company which may cause
benturan kepentingan; dan a conflict of interest; and
7. Paling sedikit salah satu anggota Komite Audit berlatar 7. There must be, at a minimum, one member of the Audit
belakang pendidikan dan keahlian di bidang akuntansi Committee who has an educational background and
dan keuangan. expertise in accounting and finance.
Tugas, Tanggung Jawab, dan Wewenang Responsibilities, Duties, and Authority

Tugas dan tanggung jawab Komite Audit ABM, yaitu: The Duties and responsibilities of the Audit Committee
1. Melakukan penelaahan atas informasi keuangan yang include:
akan dikeluarkan oleh Perseroan seperti Laporan 1. Reviewing the Company’s financial information such as
Keuangan, dan informasi keuangan lainnya; Financial Statements, and other financial information;
2. Melakukan penelaahan atas ketaatan Perseroan 2. Reviewing the Company’s compliance with capital
terhadap peraturan perundang-undangan di bidang market regulations and other regulations related to the
pasar modal dan peraturan lainnya yang berhubungan Company’s activities;
dengan kegiatan Perseroan;
3. Memberikan pendapat independen dalam hal terjadi 3. Providing an independent opinion when there was a
perbedaaan pendapat antara manajemen dengan akuntan disagreement between management and the public
publik terkait dengan jasa audit yang diberikannya; accountant related to their audit services;
4. Melakukan penelaahan atas independensi dan 4. Reviewing the independence and objectivity of the
objektivitas kantor akuntan publik (KAP) dalam Public Accounting Firm in carrying out audits during the
melaksanakan audit pada tahun buku selama masa financial year of the Audit Committee’s term of office;
kerja Komite Audit;
5. Melakukan penelaahan atas kecukupan pemeriksaan 5. Reviewing the sufficiency of audits conducted by public
yang dilakukan KAP untuk meyakinkan bahwa accounting firm to ensure that all substantial risks have
seluruh risiko yang substansial telah tercakup dan been adequately covered and considered;
dipertimbangkan secara memadai;
6. Memberikan rekomendasi kepada Dewan Komisaris 6. Providing recommendations to the Board of
atas penunjukan KAP dengan mempertimbangkan Commissioners on the appointment of a public accounting
independensi, ruang lingkup penugasan, dan firm by considering the factors of independence, the
kewajaran jasa audit; scope of the audit, and the fairness of audit services;

7. Melakukan penelaahan atas pelaksanaan pemeriksaan 7. Reviewing the audits conducted by the internal auditor
oleh auditor internal dan KAP yang ditunjuk, serta and the appointed public accounting firm and monitored
memonitor tindak lanjut oleh Direksi atas temuan para the follow-up conducted by the Directors regarding the
auditor tersebut; auditors’ findings;
8. Melakukan penelaahan atas pengelolaan manajemen 8. Reviewing risk management and GCG implementation
risiko dan implementasi GCG serta melaporkan kepada and reported to the Board of Commissioners on the
Dewan Komisaris berbagai risiko yang dihadapi various risks faced by the Company;
Perseroan;
9. Mendorong terbentuknya sistem pengendalian yang 9. Encouraging the establishment of an adequate control
memadai; system;
10. Melakukan penelaahan atas proses akuntansi dan 10. Reviewing the accounting process and financial report;
pelaporan keuangan;
11. Melakukan penelaahan dan melaporkan kepada 11. Reviewing and reporting to the Board of Commissioners
Dewan Komisaris atas terjadinya potensi benturan regarding the potential conflicts of interest within the
kepentingan dengan kepentingan Perseroan; Company;
12. Mengawasi pelaksanaan whistleblowing systems (WBS) 12. Overseeing the implementation of whistleblowing system
yang diberlakukan di Perseroan dan Entitas Anak; (WBS) enforced in the Company and Subsidiaries;
13. Mengidentifikasi hal-hal yang memerlukan perhatian 13. Conducting identification of a potential problem that
Dewan Komisaris; dan requires the attention of the Board of Commissioners; and
14. Melaksanakan tugas lain yang diberikan oleh Dewan 14. Carrying out other tasks assigned by the Board of
Komisaris sepanjang masih dalam lingkup tugas dan Commissioners that follow the scope of their duties and
kewajibannya berdasarkan Piagam Komite Audit. obligations under the Audit Committee Charter.
Wewenang yang dimiliki Komite Audit ABM, yaitu: The authority of the Audit Committee includes:
1. Mengakses catatan atau informasi tentang karyawan, 1. To access the Company’s records or information
dana, aset, dan sumber daya Perseroan lainnya yang on employees, funds, assets, and other necessary
diperlukan; resources;
2. Melakukan komunikasi secara langsung dengan 2. To establish communication directly to the employees,
karyawan, Direksi, Unit Audit Internal, Unit Manajemen Directors, Internal Audit Unit, Risk Management Unit,
Risiko, Unit Implementasi GCG, bagian hukum, dan GCG Implementation Unit, legal department, and
auditor eksternal, dalam batas tugas dan tanggung external auditors within the limits of the duties and
jawab Komite Audit; responsibilities of the Audit Committee;
3. Wajib bekerja sama dengan mitra kerja, antara lain 3. To work with counterparts, including the Secretary of
Sekretaris Dewan Komisaris, komite lain, unit-unit the Board of Commissioners, other committees, units
di bawah Direksi dan/atau unit-unit operasional under the Board of Directors, and/or operational units
Perseroan; of the Company;
4. Atas persetujuan Dewan Komisaris, Komite Audit dapat 4. With the approval of the Board of Commissioners, the
melibatkan pihak independen di luar anggota Komite Audit Committee may hire independent parties outside
Audit yang diperlukan untuk membantu pelaksanaan the Audit Committee members to assist in carrying out
tugasnya, termasuk ahli hukum eksternal atau tenaga their duties if deemed necessary, including external
profesional lainnya, dengan beban Perseroan; legal experts or other professionals at the Company’s
expense;
5. Menyusun, mengevaluasi, mengubah, dan 5. To prepare, evaluate, revise, and implement the Charter,
melaksanakan Piagam, termasuk menentukan including in determining the procedures and scope of
prosedur dan lingkup pelaksanaan pekerjaan Komite the work of the Audit Committee, with the approval of
Audit, dengan persetujuan Dewan Komisaris; dan the Board of Commissioners; and
6. Melaksanakan kewenangan lain yang diberikan oleh 6. Carry out other authorities assigned by the Board of
Dewan Komisaris. Commissioners.

Pembagian Lingkup Tugas Division of Duties

Sifat pekerjaan Komite Audit adalah kolektif kolegial. The work of the Audit Committee is collective and collegial in
Dengan demikian, pelaksanaan tugas Komite Audit nature. Thus, the duties of the Audit Committee are carried
dapat dilakukan secara bersama-sama sesuai dengan out collectively according to the educational background
latar belakang pendidikan dan pengalaman yang dimiliki and experience of each member.
masing-masing anggota.

Komposisi Komite Audit Perseroan berjumlah 3 orang, The Company’s Audit Committee consists of 3 members,
terdiri dari: including:
1. Seorang Komisaris Independen yang menjabat sebagai 1. An Independent Commissioner who serves as chairman;
ketua; dan and
2. Dua orang pihak independen yang berasal dari luar 2. Two independent parties from outside of the Company
Perseroan menjabat sebagai anggota. who serve as members.
Masa jabatan Komite Audit diuraikan sebagai berikut. The term of office of the Audit Committee are detailed below.
1. Tidak lebih lama dari masa kerja Dewan Komisaris, 1. Must not be later than the term of office of the Board
dengan tidak mengurangi hak Dewan Komisaris untuk of Commissioners, without prejudice to the right of
memberhentikan anggota komite tersebut sewaktu- the Board of Commissioners to dismiss the committee
waktu; members at any time;
2. Dapat diangkat kembali hanya untuk 1 kali masa jabatan 2. Can be reappointed only for the next 1 term of office; and
berikutnya; serta
3. Dapat mengajukan pengunduran diri dengan 3. May apply for resignation through a written resignation
menyampaikan pemberhentian tertulis terlebih dahulu letter submitted to the Board of Commissioners within
kepada Dewan Komisaris minimal dalam jangka 1 bulan 1 month at minimum before the effective resignation
sebelum efektifnya pengunduran diri tersebut. takes effect.
dan masa jabatan Komite Audit Perseroan pada tahun office of the Audit Committee in 2020 are disclosed in the
2020 diungkapkan pada tabel berikut. following table.
Nama Jabatan Status Periode dan Dasar Pengangkatan

Name Position Status Term of Office and Basis of Appointment
Arief Tarunakarya Ketua Komisaris Independen • 2015-2018 : Surat Keputusan Dewan Komisaris ABM
Surowidjojo Chairman Independent Commissioner No. 027/ABM-RES-BOC/VI/2015 tanggal 18 Juni
2015; dan
• 2018-2021 : Surat Keputusan Dewan Komisaris ABM
No. 021/ABM-BOC-CIR/VII/2018 tanggal 5 Juli
2018.
• 2015-2018 : ABM BOC Decree No. 027/ABM-RES-BOC/VI/2015
dated 18 June 2015; and
• 2018-2021 : ABM BOC Decree No.021/ABM-BOC-CIR/VII/2018
dated 5 July 2018.
Setiawan Kriswanto Anggota Pihak Independen • 2015-2018 : Surat Keputusan Dewan Komisaris ABM
Member Independent Party No. 027/ ABM-RES-BOC/VI/2015 tanggal 18 Juni
2015; dan
No. 021/ABM-BOC-CIR/VII/2018 tanggal 5 Juli
2018.
• 2015-2018 : ABM BOC Decree No. 027/ABM-RES-BOC/VI/2015
dated 18 June 2015; and
dated 5 July 2018.


Andradiet I J Alis Anggota Pihak Independen • 2015-2018 : Surat Keputusan Dewan Komisaris ABM
Member Independent Party No. 039/ABMBOC-CIR/XII/2015 tanggal
17 Desember 2015; dan
No. 021/ABMBOC-CIR/VII/2018 tanggal 5 Juli
2018.
• 2015-2018 : ABM BOC Decree No. 039/ABM-BOC-CIR/XII/2015
dated 17 December 2015; and
dated 5 July 2018.
Informasi terkait profil anggota Komite Audit disajikan Profiles of the Audit Committee members are presented in
pada bab Profil Perusahaan dalam Laporan Tahunan ini. the Company Profile chapter in this Annual Report.
Pengungkapan Independensi Disclosure of Independence

Seluruh anggota Komite Audit dipilih sesuai dengan All members of the Audit Committee have been selected
kemampuan, latar belakang pendidikan, dan telah in accordance with their capabilities, educational
memenuhi syarat yang ditentukan oleh ABM dan peraturan backgrounds, and in adherence to the requirements set
perundang-undangan. Perseroan menjamin independensi by ABM and the prevailing regulations. The Company
masing-masing anggota Komite Audit sebagaimana yang guarantees the independence of each member of the Audit
ditunjukan dalam tabel berikut ini. Committee, as shown in the following table.
Aspek Independensi Arief Tarunakarya Setiawan Andradiet I J

Independence Aspect Surowidjojo Kriswanto Alis
Memiliki saham Perusahaan (kode saham: ABMM).

x x x
Owning Company shares (ticker code: ABMM).
Terdapat hubungan pekerjaan atau usaha dengan Perseroan dalam 6 bulan

terakhir.
x x x
There is a work or business relationship with the Company in the last 6
months.
Terdapat hubungan kekeluargaan dengan Pemegang Saham Utama/

Pengendali, anggota Dewan Komisaris, dan anggota Direksi Perseroan yang
berpotensi menimbulkan benturan kepentingan.
x x x
There is a family relationship with the Main/Controlling Shareholders,
members of Board of Commissioners, and members of the Company’s Board
of Directors who have the potential to cause a conflict of interest.
√ = ada | x = tidak ada / √= have relationship | x = no relationship

Sepanjang 2020, pelaksanaan tugas Komite Audit Throughout 2020, the implementation of the duties of the
Perseroan terdiri dari: Company's Audit Committee consisted of.
1. Menyusun dan mengusulkan Rencana Kerja Komite 1. Preparing and proposing the Audit Committee Work
Audit tahun buku 2020; Plan for the 2020 financial year;
2. Melakukan penelaahan atas penyajian Laporan 2. Reviewing the presentation of the Quarterly Financial
Keuangan Triwulanan yang disampaikan ke Otoritas Statements submitted to the Financial Services
Jasa Keuangan dan Bursa Efek Indonesia, serta Authority and the Indonesia Stock Exchange, as well
memantau agar Laporan Keuangan terbit tepat waktu as monitoring so that the Financial Statements were
dan akurat; published in a timely and accurate manner;
3. Melakukan penelaahan atas pelaksanaan program 3. Reviewing the implementation of the Internal Audit
kerja Internal Audit, serta memberikan masukan untuk Work Program, as well as providing input to improve the
meningkatkan efisiensi dan efektivitas Internal Audit; efficiency and effectiveness of Internal Audit;

4. Melakukan penelaahan atas independensi dan 4. Reviewing the independence and objectivity of the
objektivitas kantor akuntan publik (KAP) dalam public accounting firm (KAP) in conducting audits for
melaksanakan audit tahun buku 2020; the 2020 financial year;
5. Melakukan penelaahan atas kecukupan pemeriksaan 5. Reviewing the adequacy of audits conducted by the KAP
yang dilakukan oleh KAP untuk meyakini bahwa to ensure that all substantial risks have been adequately
seluruh risiko yang substansial telah tercakup serta covered and considered;
dipertimbangkan secara memadai;
6. Memberikan rekomendasi atas penunjukan KAP yang 6. Providing recommendations on the appointment of KAP
akan mengaudit Laporan Keuangan untuk tahun buku to audit the Financial Statements for the 2020 financial
2020; year;
7. Melakukan penelaahan terhadap temuan audit, baik 7. Reviewing audit findings, both by internal and external
oleh auditor internal maupun eksternal, dan memantau auditors, and monitoring follow-up recommendations
tindak lanjut rekomendasi atas temuan audit; on audit findings;
8. Melakukan penelaahan atas keefektifan pengendalian 8. Reviewing the effectiveness of internal control
internal dan memberikan masukan yang mendorong and providing input for the creation of an effective
terciptanya sistem pengembangan yang efektif; development system;
9. Mengevaluasi, mengidentifikasi, dan menyelesaikan 9. Evaluating, identifying, and completing reports for
laporan untuk perbaikan sistem dan kejadian fraud system improvement and fraud incidents reported
yang dilaporkan melalui whistleblowing system (WBS); through the whistleblowing system (WBS);
10. Memantau pengelolaan risiko dan penerapan GCG 10. Monitoring risk management and GCG implementation
serta memberikan masukan untuk meningkatkan and provide input to improve the implementation; and
penerapannya; serta
11. Melaporkan kepada Dewan Komisaris mengenai 11. Reporting to the Board of Commissioners on activities
kegiatan secara triwulanan. on a quarterly basis.
Rapat Meetings
Sesuai Piagam Komite Audit, rapat Komite Audit wajib In adherence to the Audit Committee Charter, the Audit
diadakan sekurang-kurangnya 4 kali setahun. Pada tahun Committee meeting must be held 4 times a year at a
2020, Komite Audit menyelenggarakan 16 kali rapat minimum. In 2020, the Audit Committee held 4 meetings,
yang diselenggarakan secara virtual melalui Microsoft which were held virtually through Microsoft Teams. The
Teams. Tingkat kehadiran rapat Komite Audit Perseroan attendance rate of the Company’s Audit Committee
diungkapkan sebagai berikut. meetings is disclosed as follows.
Alasan
Persentase
Percentage
(%)
Absence
Ketua
Chairman
Anggota
Setiawan Kriswanto 16 16 100,00 -
Member
Anggota
Andradiet I J Alis 16 16 100,00 -
Member

Secara umum, agenda rapat Komite Audit membahas In general, the Audit Committee meeting agenda discusses:
tentang: 1. Preparation of an Audit Work Plan for the 2020 financial
1. Penyusunan Rencana Kerja Audit tahun buku 2020; year;
2. Penunjukan KAP untuk tahun buku 2020; 2. Appointment of KAP for the 2020 financial year;
3. Penyusunan Laporan Keuangan Kondosilidasian, baik 3. Preparation of Condosilidated Financial Statements,
triwulanan maupun tahunan; either quarterly or annually;

4. Pembahasan kinerja mining value chain; 4. Discussion of mining value chain performance;
5. Pembahasan program human capital; 5. Discussion of human capital programs;
6. Temuan audit; serta 6. Audit findings; and
7. Pengelolaan risiko, penerapan GCG, pengendalian 7. Management, GCG implementation, internal control,
internal, dan efektivitas WBS di Perseroan. and WBS effectiveness in the Company.
Program Peningkatan Kompetensi Competence Development Program

Informasi terkait program peningkatan kompetensi Information related to the 2020 competency improvement
tahun 2020 yang diikuti Arief Tarunakarya Surowidjojo programs which Arief Tarunakarya Surowidjojo participated
selaku Ketua Komite Audit telah disajikan pada uraian in as Chairman of the Audit Committee has been presented
Program Peningkatan Kompetensi Dewan Komisaris. in the description of the Competency Improvement
Sementara program peningkatan kompetensi yang diikuti Programs for the Board of Commissioners. Meanwhile, the
oleh anggota Komite Audit lainnya, diungkapkan sebagai competency improvement programs that were participated
berikut. by other members of the Audit Committee are as follows:
Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Name Position Competence Development Facilitator
Time and Venue
Material
Setiawan Kriswanto Anggota Covid-19: Implication on Corporate Ikatan Akuntan Online, 7 Februari 2020
Member Governance Manajemen Indonesia Online, 7 February 2020
Covid-19: Implication on Corporate (IAMI)
Governance
Kisruh Berbagai Kasus Manipulasi Ikatan Komite Audit Online, 14 Februari 2020
Laporan Keuangan: Tanggung Indonesia (IKAI) Online, 14 February 2020
Jawab dan Relasi Antara Komite
Audit dengan Eksternal Auditor
Chaos in Various Cases of
Financial Statement Manipulation:
Responsibilities and Relationships
between the Audit Committee and
the External Auditor
Internal Audit Consideration in Deloitte Online, 30 April 2020
Response to Covid-19: Navigating Online, 30 April 2020
an Unprecedented Challenge
Internal Audit Consideration in
Response to Covid-19: Navigating
an Unprecedented Challenge
Leadership & Entrepreneurship: Asosiasi Program Online, 15 Juni 2020
“The Challenges of Enterprise Diploma Keaungan dan/ Online, 15 June 2020
Leadership in New Normal” and Perbankan (ADIKPI)
Leadership & Entrepreneurship:
"The Challenges of Enterprise
Leadership in New Normal"
Agile Auditing: Kemitraan Komite Ikatan Komite Audit Online, 22 Juni 2020
Audit dengan Auditor Internal Indonesia (IKAI) dan/ Online, 22 June 2020
dalam Merespons Disrupsi and Institute of Internal
Agile Auditing: The Audit Auditors (IIA Indonesia)
Committee's Partnership with
Internal Auditors in Response to
Disruption
Pengembangan Keterampilan dan Universitas Pakuan Online, 22 Juli 2020
Instruksional Dosen Online, 22 July 2020
Instructional and Skills
Development for Lecturers

Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Material
Pemulihan Kesehatan Industri Asosiasi Perusahaan Online, 28 Juli 2020

Pembiayaan Pembiayaan Indonesia Online, 28 July 2020
Financing Industry Health Recovery (APPI)
Menjaga Stabilitas Sistem Lembaga Online, 5 Agustus 2020

Keuangan Era Pemulihan Ekonomi Pengembangan Online, 5 August 2020
Nasional (PEN) Perbankan Indonesia
Maintaining Financial System (LPPI)
Stability in the National Economic
Recovery Era
Pencapaian dan Pengelolaan Asosiasi Profesi Dosen Online, 22 Agustus 2020
Fungsional Lektor Kepala dan Guru Vokasi (APDOVI) Online, 22 August 2020
Besar Dosen Vokas
Achievement and Functional
Management of Head Lectors and
Professors of Vocational Lecturers
Optimalisasi Peran Komite Audit Ikatan Komite Audit Online, 12 Oktober 2020
dalam Pengawasan dan Evaluasi Indonesia (IKAI) dan Online, 12 October 2020
atas Pelaksanaan Pemberian Jasa Institut Akuntan Publik
Audit oleh Akuntan Publik atau Indonesia (IAPI)
Kantor Akuntan Publik
Optimizing the Role of the Audit
Committee in Supervision and
Evaluation of the Implementation
of Audit Services by Public
Accountant or Public Accounting
Firm
Strategi Multifinance Bertahan di Asosiasi Perusahaan Online, 1 Desember 2020
Tengah Resesi Ekonomi Indonesia Pembiayaan Indonesia Online, 1 December 2020
Multifinance Strategies to Survive (APPI)
in the Middle of Indonesian
Economic Recession
Enhancing Communication & Institute of Internal Online, 2 Desember 2020
Collaboration: Learning from the Auditors (IIA Indonesia) Online, 2 December 2020
Pandemic
Enhancing Communication &
Collaboration: Learning from the
Pandemic
Governance, Fraud, dan Korupsi di Ikatan Akuntan Online, 11 Desember 2020
Era Digital Indonesia (IAI) Jawa Online, 11 December 2020
Governance, Fraud and Corruption Barat
in the Digital Age
Andradiet I J Alis Anggota Professional Training Camp. Ikatan Alumni Science- Bandung, 22-23 Februari
Member “Human Capital Management for Management ITB 2020
Industry 4.0." Bandung, 22-23 February
2020
Course on the Business of MiningF Curtin University and Online, 22-23 Maret 2020
edX Online, 22-23 March 2020
Course on Natural Resources for SDG Academy, Colombia Online, 22 Maret-
Sustainable Development Center on Sustainable 3 April 2020
Investment, Natural Online, 22 March-
Resources Governance 3 April 2020
Institute, the World
Bank, and edX
Course on ISO 31000 - Enterprise Udemy Online, 6-8 Mei 2020
Risk Management for the Online, 6-8 May 2020
Professional

Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Material
Program Profesi Insinyur (Teknik Prodi PPI, Direktorat Bandung & Online,
Pertambangan) Pendidikan Non-Reguler, 10 Agustus 2020 – 6 April
Engineer Professional Program ITB 2021
(Mining Engineering) Bandung & Online,
10 August 2020 – 6 April
2021
Future Indonesia Coal : Security or Perhimpunan Ahli Online, 11-18 September
Sovereignity Pertambangan 2020
Indonesia (PERHAPI) Online, 11-18 September
2020
Faculty Development Program in The Wadhwani Jakarta & Online,
Entrepreneurship & Foundational Foundation 2 November 2020-
Course in Entrepreneurship 22 Januari 2021
Jakarta & Online,
2 November 2020-
22 January 2021
Evaluasi Kinerja oleh Dewan Komisaris Performance Evaluation by the Board of

Commissioners
Kinerja Komite Audit senantiasa dievaluasi oleh Dewan The performance of the Audit Committee is evaluated by
Komisaris setidaknya 1 kali dalam setahun. Evaluasi kinerja the Board of Commissioners once a year at a minimum. The
Komite Audit dilakukan dengan mengevaluasi pencapaian performance evaluation of the Audit Committee is carried
target yang telah ditetapkan dalam rencana kerja tahunan out by evaluating the achievement of targets set in the
sebagaimana diuraikan dalam tabel berikut. annual work plan as explained in the following table.
Aspek Penilaian Hasil Evaluasi Kinerja

Aspect Assessed Performance Evaluation Result
Tingkat efektivitas Komite Audit dalam menjalankan fungsinya.
Level of effectiveness of the Audit Committee in carrying out its functions.
Memberikan laporan tertulis sekurang-kurangnya 2 kali dalam Komite Audit telah menyampaikan 8 kali laporan WBS kepada Dewan
setahun, berupa laporan berkala yang berisi rincian kegiatan Komisaris. Bersamaan dengan itu, Komite Audit juga menyampaikan
Komite Audit, penyampaian rekomendasi untuk ditindaklanjuti, hasil evaluasi atas pelaksanaan audit tahun buku 2019 dan
dan rincian hal-hal penting yang perlu mendapat perhatian. rekomendasi penunjukan KAP untuk melakukan audit tahun buku
Provided written reports 2 times a year at minimum, in the form 2020.
of periodic reports which contained details of the activities of The Audit Committee submitted 8 WBS reports to the Board of
the Audit Committee, recommendations that required follow up, Commissioners. At the same time, the Audit Committee also presented
and details of important issues that required attention. the results of an evaluation of FY 2019 and the recommendation of the
appointment of Public Accounting Firm to conduct the audit of FY 2020.
Tingkat kehadiran anggota dalam rapat Komite Audit.
Level of attendance at the Audit Committee meetings.
Komite Audit wajib mengadakan rapat sekurang-kurangnya Rapat Komite Audit tahun 2020 diselenggarakan sebanyak 16 kali dan
4 kali dalam setahun dan apabila dipandang perlu dapat dihadiri oleh mayoritas anggota.
diselenggarakan rapat tambahan. 16 Audit Committee meetings were conducted in 2020 and all were
The Audit Committee must hold 4 meetings a year at minimum attended by the majority of members.
and allowed to hold additional meetings if required.


Tingkat pemahaman dan penguasaan anggota Komite Audit atas Seluruh anggota Komite Audit memahami dan menguasai
berbagai permasalahan dalam Perseroan serta kontribusinya permasalahan yang dialami Perseroan sepanjang 2020. Selain itu,
dalam pelaporan dan rekomendasi penyelesaiannya. sesuai dengan kompetensi masing-masing anggota, Komite Audit
The level of understanding and comprehension of the Audit menyelenggarakan rapat, baik dengan Manajemen Perseroan,
Committee members on various issues at the Company and Unit Audit Internal, dan eksternal audit, yang membahas berbagai
their contribution related to the resolution of reports and permasalahan yang memberikan dampak signifikan bagi perusahaan
recommendations. dan memberikan rekomendasi untuk penyelesaiannya.
All of the Audit Committee members understood and recognized
the problems experienced by the Company in 2020. Concerning the
competencies of each member, the Audit Committee held meetings
and discussed various problems that had a significant impact on the
Company and provided recommendations aimed to resolve those
problems with the Company’s Management, Internal Audit Unit, and
external audit.
Remunerasi Remuneration
Besaran honorarium untuk anggota Komite Audit yang The honorarium for the Audit Committee members who are
bukan anggota Dewan Komisaris ditetapkan berdasarkan not members of the Board of Commissioners is determined
kebijakan Perseroan dan dibebankan kepada anggaran based on the Company’s policy and is charged to the
perusahaan. Penetapan besaran honorarium juga Company’s budget. Determination of honorarium is also
disesuaikan dengan perkembangan usaha serta kebijakan adjusted to the business development and internal policy.
perusahaan.
Komite Nominasi dan Remunerasi Nomination and Remuneration

Committee
Komite Nominasi dan Remunerasi merupakan komite yang The Nomination and Remuneration Committee is a
berada di bawah koordinasi Dewan Komisaris. Oleh karena committee under the coordination of the Board of
itu, secara struktural, komite ini bertanggung jawab kepada Commissioners. Structurally, this committee is responsible
Dewan Komisaris, khususnya untuk melaksanakan fungsi to the Board of Commissioners in carrying out its
pengawasan dan memastikan pelaksanaan proses nominasi supervisory function and ensuring that the nomination
dan remunerasi secara objektif, efektif, dan efisien, serta and remuneration processes are carried out objectively,
sesuai dengan prinsip manajemen SDM dan GCG. effectively, and efficiently following the principles of HR
management and GCG.

Perseroan telah memiliki Piagam Komite Nominasi dan The Company maintains a Nomination and Remuneration
Remunerasi yang disahkan melalui Surat Keputusan Committee Charter, which was ratified through the Decree
Dewan Komisaris ABM No. 033/ABM-RES-BOC/VIII/2015 of the Board of Commissioners No. 033/ABM-RES-BOC/
tanggal 19 Agustus 2015. Piagam ini disusun agar Komite VIII/2015 dated 19 August 2015. This Charter was established
Nominasi dan Remunerasi dapat melaksanakan tugas dan to support the Nomination and Remuneration Committee
tanggung jawabnya secara efisien, efektif, transparan, in performing its duties and responsibilities efficiently,
independen, dan dapat dipertanggungjawabkan sehingga effectively, transparently, independently, and accountably
diterima oleh semua pihak yang berkepentingan dan to meet the expectation of all parties concerned and in
sesuai dengan peraturan perundang-undangan yang adherence to the applicable laws and regulations. The
berlaku. Isi piagam tersebut terdiri dari: contents of the charter include:
1. Pendahuluan; 1. Introduction;
2. Visi, Misi, Maksud, dan Tujuan; 2. Vision, Mission, Purpose, and Objectives;
3. Struktur Organisasi dan Keanggotaan; 3. Organizational Structure and Membership;
4. Tugas, Tanggung Jawab, dan Wewenang; 4. Duties, Responsibilities, and Authority;
5. Rapat, Pelaporan, dan Anggaran; serta 5. Meetings, Reporting, and Budgeting; and
6. Evaluasi dan Pemberlakuan. 6. Evaluation and Enforcement.

Piagam Komite Nominasi dan Remunerasi Perseroan The Nomination and Remuneration Committee Charter is
tersedia di situs web bagian Komitmen Kami > Tata Kelola available on the Company’s website underthe section ofOur
> Komite Dewan Komisaris (https://abm-investama.com/ Commitment>Corporate Governance > BOC Committees
upload/Piagam_Komite_Nominasi_dan_Remunerasi_2. sectionhttps://abm-investama.com/upload/Piagam_
pdf). Komite_Nominasi_dan_Remunerasi_2.pdf).
Persyaratan Keanggotaan Membership Requirements

Persyaratan untuk menjadi anggota Komite Nominasi dan The requirements to become members of the Nomination
Remunerasi Perseroan diuraikan sebagai berikut. and Remuneration Committee include:
1. Anggota komite memahami kegiatan usaha ABM dan 1. Committee members must comprehend ABM’s business
Entitas Anak untuk dapat membantu pekerjaan dan activities and its Subsidiaries’ to support their work and
tugasnya; duties;
2. Anggota komite memiliki pengetahuan yang 2. Committee members must possess sufficient
memadai tentang peraturan perundang-undangan knowledge on the laws and regulations in the capital
di bidang pasar modal, operasional perusahaan, market sector, the Company’s operations, labor, and
ketenagakerjaan, serta hubungan industrial; industrial relations;
3. Anggota komite harus memiliki kemampuan 3. Committee members must possess effective
komunikasi yang efektif, pengetahuan dan pengalaman communication skills, sufficient knowledge and work
kerja yang cukup di bidang yang dibutuhkan bagi experience in the fields required for the implementation
pelaksanaan tugasnya, terutama terkait nominasi dan of their duties, especially related to nomination and
remunerasi, serta memahami Nilai-Nilai Inti ABM; remuneration, as well as comprehension on the Core
Values of ABM;
4. Anggota komite tidak boleh memiliki benturan 4. Committee members must not have a conflict of interest
kepentingan (conflict of interest) dengan Perseroan with the Company while in office; and
dalam melaksanakan tugasnya; dan
5. Anggota Komite tidak diperkenankan merangkap 5. Committee members are not permitted to hold
jabatan sebagai pengurus partai politik dan/atau concurrent positions as administrators of political
calon anggota legislatif dan/atau eksekutif dan/atau parties and/or candidates for legislative and/or
yudikatif dan/atau jabatan lain yang memiliki potensi executive and/or judiciary and/or other positions that
benturan kepentingan. can incur potential conflicts of interest.
Tugas, Tanggung Jawab, dan Wewenang Duties, Responsibilities, and Authority

Tugas di bidang nominasi, meliputi: The duties related to nomination include:
1. Melakukan penelaahan dan pemantauan untuk 1. Reviewing and monitoring to ensure that the Company
memastikan bahwa Perseroan telah memiliki strategi has nomination strategy and policy, covering
dan kebijakan nominasi, meliputi proses analisis organization analysis processes, procedures and
organisasi, prosedur dan kriteria rekrutmen dan criteria for recruitment and selection, as well as
seleksi, serta promosi dan suksesi; promotion and succession;
2. Menyusun kriteria komposisi, seleksi, kualifikasi, 2. Developing transparent criteria for composition, selection,
evaluasi, serta syarat-syarat dan prosedur nominasi qualifications, evaluation, conditions, and nomination
yang transparan bagi calon Anggota Dewan Komisaris, procedures for the nomination of members of the Board
Direksi, dan para pejabat senior manajemen satu of Commissioners, the Board of Directors, and senior
tingkat di bawah Direksi di Perseroan, yaitu general management officials at one level below the Company’s
manager atau setara; Board of Directors, i.e. general manager or its equivalent;
3. Menyampaikan rekomendasi kepada Dewan Komisaris 3. Providing recommendations to the Board of
nama-nama calon Anggota Dewan Komisaris dan Commissioners on names of the nominated members
Direksi yang akan diusulkan kepada RUPS; serta for the Board of Commissioners and the Board of
Directors to be proposed at the GMS; and
4. Menyampaikan rekomendasi dan membantu Dewan 4. Providing recommendations and assisting the Board of
Komisaris dalam memastikan bahwa nama-nama Commissioners in ensuring that the proposed names of
calon Anggota Dewan Komisaris dan Direksi yang nominated members for the Board of Commissioners

akan diusulkan, baik dari dalam maupun dari luar and the Board of Directors, either from inside or outside
Perusahaan, sesuai dengan kriteria seleksi, due the Company, meet the selection criteria, with due
diligence, prosedur nominasi yang terdapat dalam diligence, and nomination procedures as stipulated in
Pedoman Tata Kerja Dewan Komisaris dan Direksi the Board Manual of the Board of Commissioners and
(Board Manual), serta kebijakan manajemen (Board & Board of Directors and the Board & Management Policy.
Management Policy).
Sedangkan tugas di bidang remunerasi adalah: The duties related to remuneration include:
1. Memastikan peraturan perundang-undangan dan 1. Ensuring that the laws and regulations and provisions
ketentuan yang mendasari kebijakan remunerasi applicable in the remuneration policy are applied in the
diberlakukan di Perseroan; Company;
2. Memastikan bahwa Perseroan telah memiliki sistem 2. Ensuring that the Company already has a transparent
remunerasi yang transparan berupa gaji atau remuneration system in terms of salaries or honorarium,
honorarium, tunjangan dan fasilitas yang bersifat tetap, allowances and fixed facilities, as well as variable
serta berupa tantiem dan insentif yang bersifat variabel; bonuses and incentives;
3. Mengkaji kelayakan sistem remunerasi bagi Dewan 3. Reviewing the adequacy of remuneration system for the
Komisaris dan Direksi, serta merekomendasikan Board of Commissioners and the Board of Directors,
penyesuaian yang diperlukan dengan and recommending any necessary adjustments by
mempertimbangkan keterkaitan antara tingkat considering the relationship between the remuneration
remunerasi dengan pencapaian target kinerja; received and the achievement of the determined
performance targets;
4. Mengajukan rekomendasi kepada Dewan Komisaris 4. Providing recommendations on the nomination system,
tentang sistem dan besaran nominasi bagi Dewan transparent remuneration evaluation for the Board
Komisaris, Direksi dan pejabat setingkat general of Commissioners, Board of Directors, and officials at
manager, berdasarkan hasil evaluasi remunerasi yang general manager level to subsequently be proposed to
transparan; the Board of Commissioners;
5. Mengkaji kelayakan kebijakan pemberian dan 5. Reviewing the feasibility of policies of provision
penggunaan fasilitas-fasilitas yang disediakan bagi and utilization of facilities provided to the Board of
Dewan Komisaris, Direksi, dan pejabat setingkat Commissioners, Board of Directors, and officials
general manager, serta memberikan rekomendasi at general manager level, as well as providing
perbaikan/perubahan yang diperlukan; recommendations for necessary improvements/
changes;
6. Membantu Dewan Komisaris dalam merumuskan dan 6. Assisting the Board of Commissioners in formulating
menentukan kebijakan remunerasi berupa gaji atau and determining remuneration policies, in terms of
honorarium, tunjangan serta fasilitas yang bersifat salaries or honorarium, allowances and fixed and
tetap dan variabel, bagi Dewan Komisaris, Direksi, dan variable facilities for the Board of Commissioners, the
pejabat setingkat general manager; Board of Directors, and officials at general manager
level;
7. Mengkaji dan menyampaikan rekomendasi yang 7. Reviewing and submitting transparent
transparan tentang kebijakan pemberian gaji atau recommendations on policies for salaries or honorarium,
honorarium, tunjangan serta fasilitas yang bersifat allowances and fixed and variable facilities for the Board
tetap dan variabel, bagi anggota Dewan Komisaris, of Commissioners, Board of Directors and officials at
Direksi, dan pejabat setingkat general manager general manager level at least once a year;
minimal sekali dalam setahun;
8. Memantau tingkat remunerasi di perusahaan sejenis 8. Monitoring the remuneration level in similar companies
sebagai pembanding dalam menetapkan kebijakan as a benchmark in determining the Company’s
remunerasi Perseroan; remuneration policy;
9. Memastikan tersedianya asuransi tanggung gugat dan 9. Ensuring the existence of liability insurance and
kecelakaan diri untuk Komisaris, Direktur, dan pejabat personal accident insurance for the Commissioners,
perusahaan, dan asuransi lain apabila dipandang perlu; Directors, and corporate executives, and other types of
serta insurance as deemed necessary; and

10. Mengevaluasi sistem imbalan pegawai, pemberian 10.

Evaluating the employee remuneration system,
tunjangan, dan fasilitas lainnya, serta menyampaikan provision of benefits, and other facilities, as well as
rekomendasi transparan minimal 2 tahun sekali submitting transparent recommendations at least once
mengenai penilaian terhadap sistem tersebut, alternatif every 2 years regarding the evaluation of such systems,
imbalan lain seperti opsi saham, sistem dan tunjangan alternative types of remuneration including share
pensiun, serta sistem dan tunjangan lainnya dalam hal options, retirement systems and benefits, as well as
terjadi pemutusan hubungan kerja secara massal. other systems and benefits in the event of a mass layoff.
Komite Nominasi dan Remunerasi juga diberikan tanggung The Nomination and Remuneration Committee is also
jawab untuk melaksanakan tugas-tugas pendukung di responsible for carrying out supporting duties in human
bidang sumber daya manusia, hubungan kerja industrial, resources, industrial relations, management performance,
kinerja manajemen, penetapan KPI bagi Dewan Komisaris, determination of KPIs for the Board of Commissioners, and
serta evaluasi kinerja Dewan Komisaris dan Direksi. the performance evaluation of the Board of Commissioners
and the Board of Directors.
Wewenang yang dimiliki Komite Nominasi dan Remunerasi The authority of ABM Nomination and Remuneration
ABM, yaitu: Committee includes:
1. Mengakses secara penuh, bebas, dan tidak terbatas 1. A full, free and unlimited access to the Company related
terhadap Perseroan, yang berkaitan dengan to the effectiveness of the nomination and remuneration
pelaksanaan efektivitas praktik nominasi dan practices, and HR management in the Company and
remunerasi, serta pengelolaan SDM di Perseroan dan ABM Group;
Grup ABM;
2. Melakukan kerja sama dengan mitra kerja, di antaranya 2. To work with counterparts, including committees under
komite-komite di lingkungan Dewan Komisaris, tim the Board of Commissioners, related teams at the
terkait di level manajemen, Unit Audit Internal, unit- management level, Internal Audit Unit, the Company’s
unit operasional Perseroan, dan unit-unit lain yang operational units, and other related units;
terkait;
3. Mempekerjakan tenaga ahli dan/atau konsultan untuk 3. To hire experts and/or consultants to assist the
membantu komite atas biaya Perseroan melalui committee at the expense of the Company through
persetujuan tertulis Dewan Komisaris, apabila the written approval of the Board of Commissioners if
diperlukan; dan deemed necessary; and
4. Membentuk suatu tim yang bersifat ad-hoc, dengan 4. TO establish ad-hoc teams, with criteria and period of
kriteria dan periode penugasannya disesuaikan assignment tailored to the needs and type of work if
dengan kebutuhan dan jenis pekerjaannya, apabila deemed necessary.
diperlukan.
Pembagian Lingkup Tugas Division of Duties

Sifat pekerjaan Komite Nominasi dan Remunerasi The work of the Nomination and Remuneration Committee is
adalah kolektif kolegial. Dengan demikian, pelaksanaan collective and collegial in nature. Thus, the implementation
tugas Komite Nominasi dan Remunerasi dapat of the duties of the Nomination and Remuneration
dilakukan bersama-sama dengan profesional untuk Committee was carried out collectively and professionally
membantu Dewan Komisaris melaksanakan fungsi to support the Board of Commissioners in performing
pengawasan, pemberian nasihat, serta memastikan telah supervisory and advisory functions, and ensuring that the
dilaksanakannya proses nominasi, remunerasi, serta nomination, remuneration, and HR development processes
pengembangan SDM. have been carried out.

Komposisi Komite Nominasi dan Remunerasi Perseroan The following is the composition of the Company’s
berjumlah 4 orang, terdiri dari: Nomination and Remuneration Committee, which consists
of 4 members:

1. Seorang Komisaris Independen yang menjabat sebagai 1. An Independent Commissioner who serves as chairman;
ketua;
2. Anggota yang berasal dari: 2. Members from:
a. Anggota Dewan Komisaris; dan a. The Board of Commissioners; and
b. Karyawan dengan jabatan manajemen yang b. Employees with managerial positions in charge of
membidangi SDM. HR.
Sementara itu, masa jabatan Komite Nominasi dan Meanwhile, the term of office of the Nomination and
Remunerasi tidak lebih lama dari masa jabatan Dewan Remuneration Committee is no longer than the term of
Komisaris yang mengangkatnya. Masa jabatan komite office of the Board of Commissioners who appointed them.
ini maksimum selama 3 tahun dan dapat diperpanjang The maximum term of office of this committee is 3 years
dengan tidak mengurangi hak Dewan Komisaris untuk and can be extended without prejudice to the right of the
memberhentikannya sewaktu-waktu. Board of Commissioners to dismiss them at any time.
dan masa jabatan Komite Nominasi dan Remunerasi office of the Company’s Nomination and Remuneration
Perseroan tahun 2020 diungkapkan pada tabel berikut. Committee in 2020 are disclosed in the following table.

Arief Tarunakarya Ketua Komisaris Independen • 2015-2018 : Surat Keputusan Dewan Komisaris ABM
Surowidjojo Chairman Independent Commissioner No. 028/ABM-RES-BOC/VI/2015 tanggal 18 Juni
2015; dan
No. 022/ABM-RES-BOC/VII/2018 tanggal 5 Juli 2018.
• 2015-2018 : BOC Decree No. 028/ABM-RES-BOC/VI/2015 dated
18 June 2015; and
• 2018-2021 : BOC Decree No. 022/ABM-RES-BOC/VII/2018 dated
5 July 2018.
Rachmat Mulyana Anggota Komisaris Utama • 2012-2015 : Surat Keputusan Dewan Komisaris No. 018/ABM-
Hamami Member President Commissioner RESBOC/V/2012 tanggal 3 Mei 2012;
• 2015-2018 : Surat Keputusan Dewan Komisaris No. 028/ABM-
RES-BOC/ VI/2015 tanggal 18 Juni 2015; dan
• 2018-2021 : Surat Keputusan Dewan Komisaris No. 022/ABM-
RES-BOC/ VII/2018 tanggal 5 Juli 2018.
• 2012-2015 : BOC Decree No. 018/ABM-RES BOC/V/2012 dated
3 May 2012;
18 June 2015; and
5 July 2018.
Mivida Hamami Anggota Komisaris • 2015-2018 : Surat Keputusan Dewan Komisaris
Member Commissioner No. 028/ABM-RES-BOC/ VI/2015 tanggal 18 Juni
2015; dan
• 2018-2021 : Surat Keputusan Dewan Komisaris
No. 022/ABM-RES-BOC/ VII/2018 tanggal 5 Juli 2018.
18 June 2015; and
5 July 2018.
Rifki* Anggota Pihak Independen 2020-2021 : Surat Keputusan Dewan Komisaris ABM
Member Independent Party No. 007/ABM-BOC-RES/II/2020 tanggal 11 Februari 2020.
2020-2021 : BOC Decree No. 007/ABM-BOC-RES/II/2020 dated
11 February 2020.
*Menjabat sejak 11 Februari 2020. / In office since 11 February 2020.

Informasi terkait profil anggota Komite Nominasi dan Information on the profile of Nomination and Remuneration
Remunerasi disajikan pada bab Profil Perusahaan dalam Committee members is presented in the Company Profile
Laporan Tahunan ini. chapter in this Annual Report.

Seluruh anggota Komite Nominasi dan Remunerasi dipilih All members of the Nomination and Remuneration
sesuai dengan kemampuan, latar belakang pendidikan, Committee have been selected by taking into consideration
dan telah memenuhi syarat yang telah ditentukan oleh their capabilities, educational backgrounds, and adhered to
ABM dan peraturan perundang-undangan. Perseroan the requirements set by ABM and the applicable regulations.
menjamin independensi masing-masing anggota Komite The Company guarantees the independence of each
Nominasi dan Remunerasi sebagaimana yang ditunjukkan member of the Nomination and Remuneration Committee,
dalam tabel pemenuhan aspek independensi berikut ini. as shown in the following table.
Arief Rachmat
Aspek Independensi Mivida
Tarunakarya Mulyana Rifki*
Independence Aspect Hamami
Surowidjojo Hamami
Tidak memiliki benturan kepentingan (conflict of interest) terhadap Perseroan.
√ x x √
Has no conflict of interest with the Company.
Tidak merangkap jabatan sebagai pengurus partai politik dan/atau calon
anggota legislatif dan/atau eksekutif dan/atau yudikatif dan/atau jabatan lain
yang memiliki potensi benturan kepentingan.
√ √ √ √
Has no concurrent positions as administrator of political parties and/ or
candidates of legislative and/or executive and/or judicial and/or other positions
with potential conflict of interest.
Kode Etik Code of Conduct

Sesuai Piagam Komite Nominasi dan Remunerasi, seluruh In accordance with the Nomination and Remuneration
anggota Komite Nominasi dan Remunerasi wajib menaati Committee Charter, all members of the Nomination and
Kode Etik Kerahasiaan, yaitu: Remuneration Committee must obey the Code of Conduct
on Confidentiality, which includes:
1. Anggota komite wajib menjaga kerahasiaan dokumen, 1. Committee members must maintain the confidentiality
data, dan informasi Perseroan yang diperoleh sewaktu of the Company’s documents, data, and information
menjabat; which was obtained while in office;
2. Anggota komite yang memiliki saham Perseroan 2. Committee members who own Company shares are
dilarang menyalahgunakan informasi penting yang prohibited from misusing important information related
berkaitan dengan Perseroan untuk kepentingan to the Company for personal gain; and
pribadi; dan
3. Dalam melaksanakan tugas dan tanggung jawabnya, 3. In carrying out its duties and responsibilities, the
anggota komite wajib menaati standar etika Perseroan committee members must comply with the Company’s
dan dilarang mengambil keuntungan pribadi, baik ethical standards and are prohibited from taking
secara langsung maupun tidak langsung, dari kegiatan personal benefits, either directly or indirectly, from
Perseroan selain honorarium berikut fasilitas dan the Company’s activities in addition to the honorarium
tunjangan lainnya. along with other facilities and benefits.


Sepanjang 2020, Komite Nominasi dan Remunerasi ABM In 2020, Nomination and Remuneration Committee
telah melaksanakan kegiatan-kegiatan berikut. conducted the following activities.
1. Nominasi 1. Nomination
a. Memberikan rekomendasi dan membantu a. Provided recommendations and assisted in the
pelaksanaan nominasi/seleksi atas Direksi ABM; implementation of nomination/selection of ABM
Board of Directors;
b. Memberikan pendapat nominasi dan remunerasi b. Provided opinion on the nomination and
eksekutif ABM dan Entitas Anak; remuneration of ABM executives and Subsidiaries;
c. Melakukan koordinasi dengan GEM dalam c. Coordinated with GEM in the implementation of the
pelaksanaan fungsi nominasi dan remunerasi di nomination and remuneration functions at ABM and
ABM beserta Entitas Anak. Fungsi nominasi dan its Subsidiaries. The nomination and remuneration
remunerasi yang dilakukan bersama GEM pada functions carried out with GEM in 2020 include:
tahun 2020, yaitu:
1) Melakukan assessment bagi Pejabat Eksekutif 1) Conducted assessments for Executive Officers
dan Direksi Entitas Anak ABM untuk mengetahui and Directors of Subsidiaries of ABM to
potensi kebutuhan pengembangan; ascertain the potential and development needs;
2) Melakukan pemetaan Pejabat Eksekutif dan 2) Mapped Executive Officers and made succession
membuat rencana suksesi untuk setiap Entitas plans for each ABM Subsidiary; and
Anak ABM; serta
3) Melakukan rotasi dan mutasi jabatan 3) Performed rotation and mutation of Executive
Pejabat Eksekutif sesuai dengan kebutuhan Officers following the development needs of
pengembangan masing-masing pejabat dan each official and the needs of the Company.
keperluan Perseroan.
2. Remunerasi 2. Remuneration
a. Memberikan rekomendasi kepada Dewan a. Providing recommendations to the Board of
Komisaris ABM mengenai besaran gaji dan Commissioners of ABM regarding the amount of
honorarium bagi anggota Dewan Komisaris dan salary and honorarium for members of the Board
Direksi ABM untuk tahun 2020 berdasarkan of Commissioners and Directors of ABM for 2020
capaian kinerja; based on performance achievements;
b. Memberikan rekomendasi kepada Dewan b. Providing recommendations to the Board of
Komisaris mengenai bonus kinerja tahun 2019 bagi Commissioners regarding the 2019 performance
seluruh anggota Dewan Komisaris dan Direksi ABM bonuses for all members of the Board of
berdasarkan capaian kinerja, bonus tersebut telah Commissioners and Directors of ABM based on their
dibagikan pada bulan Juni 2020; dan performance achievements, for which the bonus
was distributed in June 2020; and
c. Meninjau ulang kebijakan remunerasi, c. Reviewing the remuneration policy, evaluating
mengevaluasi kelayakan kebijakan remunerasi dan the appropriateness of the remuneration policy
fasilitas-fasilitas yang disediakan bagi anggota and facilities provided to members of the Board
Dewan Komisaris dan Direksi, serta memberikan of Commissioners and Board of Directors, and
rekomendasi perbaikan/perubahan yang providing recommendations for improvements/
diperlukan berupa: changes needed in the form of:
1) Penyelarasan sistem grading; dan 1) Alignment of the grading system; and
2) Penyelarasan sistem remunerasi. 2) Alignment of the remuneration system.
3. Evaluasi Dewan Komisaris dan Direksi 3. Evaluation of the Board of Commissioners and Directors
Melakukan evaluasi terhadap kinerja Dewan Evaluating the performance of the Board of
Komisaris dan Direksi serta memfasilitasinya untuk Commissioners and the Board of Directors and
menindaklanjuti hasil evaluasi tersebut. facilitating the follow up on the results of the evaluation.

Kegiatan Pelaksanaan Catatan

Activities Implementation Notes
Memberikan rekomendasi kepada Dewan Awal Januari 2020 untuk Kenaikan gaji Direksi akan diberikan sebelum
Komisaris mengenai besaran kenaikan gaji dan anggota Direksi. Maret/April RUPS Tahunan. Kenaikan honorarium anggota
honorarium bagi anggota Dewan Komisaris dan 2020 untuk anggota Dewan Dewan Komisaris akan diusulkan dalam RUPS
anggota Direksi ABM 2020. Komisaris. Tahunan.
Provided recommendations to ABM Board Early January 2020 for The increase in salaries for members of Directors
of Commissioners on the amount of salaries members of the Board of was provided before the Annual GMS. The increase
and honorarium for members of ABM Board of Directors. March/April 2020 in honorarium for members of the Board of
Commissioners and Board of Directors in 2020. for members of the Board of Commissioners was proposed at the Annual GMS.
Commissioners.
Memberikan rekomendasi kepada Dewan Maret/April 2020 sebelum Berdasarkan Laporan Keuangan Perseroan yang
Komisaris mengenai besaran bonus kinerja tahun RUPS Tahunan. telah di audit, pemberian bonus kinerja untuk
2019 bagi seluruh anggota Dewan Komisaris dan March/April 2020 before the anggota Direksi telah dilaksanakan di bulan
anggota Direksi ABM. Annual GMS. Juni 2020. Sedangkan untuk anggota Dewan
Provided recommendations to the Board of Komisaris telah diusulkan di RUPS Tahunan.
Commissioners on the number of performance Based on the Company's audited Financial
bonuses in 2019 for all members of ABMBoard of Statements, the provision of performance bonuses
Commissioners andBoard of Directors. for members of the Board of Directors was carried
out in June 2020. Meanwhile, performance bonuses
for members of the Board of Commissioners were
proposed at the Annual GMS.
Mengevaluasi kebijakan remunerasi dan nominasi Secara berkala. Memperhatikan kondisi pasaran yang berlaku di
ABM. Periodically. industri sejenis dan masukan dari ahli konsultan
Evaluated ABM's remuneration and nomination yang ditunjuk oleh Perseroan.
policy. Considering the market conditions prevailing
in similar industries and input from expert
consultants appointed by the Company.
Melakukan pengawasan terhadap pelaksanaan Sepanjang tahun 2020. Bekerjasama dengan Direktorat Corporate
program talenta dan suksesi Pejabat Eksekutif Throughout 2020. Support Services.
ABM dan Entitas Anak. Collaborated with the Directorate of Corporate
Supervised the implementation of the talent Support Services.
program and the succession of ABM Executive
Officers and Subsidiaries.
Mengusulkan program pelatihan untuk Sesuai kebutuhan dan Bekerja sama dengan Corporate Support Services.
meningkatkan kompetensi dan keterampilan pandangan Dewan Komisaris. Collaborated with Corporate Support Services.
Direksi ABM dan Entitas Anak. Adjustable to the needs
Proposed a training program to improve the and views of the Board of
competencies and skills of ABM Directors and Commissioners.
Subsidiaries.
Memberikan rekomendasi kepada Dewan Secara berkala. -

Komisaris mengenai prosedur pemilihan dan/ Periodically.
atau penggantian anggota Dewan Komisaris dan
Direksi ABM dan Entitas Anak
Provide recommendations to the Board of
Commissioners regarding procedures for selecting
and/or replacing members of the Board of
Commissioners and the Board of Directors of ABM
and Subsidiaries
Melakukan kajian fit & proper test serta Rutin atau sesuai dengan -
memberikan rekomendasi Dewan Komisaris kebutuhan.
mengenai prosedur pemilihan dan/atau Routinely carried out or as
penggantian anggota Dewan Komisaris dan deemed
Direksi ABM dan Entitas Anak. necessary.
Conducted a fit & proper test review and provided
recommendations for the Board of Commissioners
on the selection and/or succession procedure of
the members of ABM Board of Directors and the
Board of Commissioners and its Subsidiaries.

Kegiatan Pelaksanaan Catatan

Activities Implementation Notes
Mengkaji kelayakan kebijakan remunerasi dan Evaluasi Tahunan. -

fasilitas-fasilitas yang disediakan bagi Dewan Annual Evaluation.
Komisaris dan Direksi serta memberikan
rekomendasi perbaikan/perubahan yang
diperlukan.
Reviewed the feasibility of remuneration
policies and facilities provided to the Board
of Commissioners and Board of Directors and
provided recommendations for improvements/
alterations as needed.
Melaksanakan tugas lain yang diberikan Dewan Jika diminta. -

Komisaris yang berkaitan dengan remunerasi dan If requested.
nominasi sesuai ketentuan yang berlaku.
Carried out other tasks assigned by the Board
of Commissioners related to nominations and
remuneration following the applicable regulations.
Melaporkan hasil pengkajian rekomendasi Jika diminta. -

sehubungan dengan tugas-tugas Komite If requested.
Nominasi dan Remunerasi kepada Dewan
Komisaris apabila diperlukan.
Reported the results of the review of the
recommendations related to the duties of the
Nomination and Remuneration Committee to the
Board of Commissioners if deemed necessary.
Menyelenggarakan dan tindak-lanjut BOC/BOD Q2 2020 -

Self Evaluation tahun buku 2019.
Organizing and following-up BOC/BOD Self
Evaluation for the 2019 financial year.
Menindaklanjuti hasil BOC/BOD Self Evaluation Q3 2020 -
tahun buku 2019, termasuk untuk Manajemen
Senior.
Following up the results of the BOC/BOD Self
Evaluation for the 2019 financial year, including for
Senior Management.
Rapat Meetings
Rapat Komite Nominasi dan Remunerasi Pada tahun The Nomination and Remuneration Committee meeting
diselenggarakan sekurang-kurangnya 1 kali dalam 4 bulan. must be held once in 4 months at a minimum. In 2020, the
Pada tahun 2020, Komite Nominasi dan Remunerasi Nomination and Remuneration Committee held 5 meetings,
menyelenggarakan 5 kali rapat, yang dilaksanakan secara which were conducted virtually through Microsoft Teams.
virtual melalui Microsoft Team. Tingkat kehadiran rapat The attendance rate of the Company's Nomination and
Komite Nominasi dan Remunerasi Perseroan diungkapkan Remuneration Committee meetings is disclosed as follows.
sebagai berikut.

Alasan
Persentase
Percentage
(%)
Absence
Ketua
Chairman
Anggota
Member
Anggota
Member
Anggota
Rifki* 5 5 100,00 -
Member
*Menjabat sejak 11 Februari 2020. / In office since 11 February 2020

Secara umum, agenda rapat Komite Nominasi dan In general, the agenda for the Nomination and Remuneration
Remunerasi membahas tentang: Committee meeting discusses:
1. Penyusunan Rencana Kerja Komite Nominasi dan 1. Preparation of the Work Plan for the Nomination and
Remunerasi tahun buku 2020; Remuneration Committee for the 2020 financial year;
2. Pemberian saran dan rekomendasi nominasi dan 2. Providing suggestions and recommendations on the
remunerasi eksekutif ABM dan Entitas Anak; nomination and remuneration of executives of ABM and
its Subsidiaries;
3. Peninjauan atas hasil evaluasi mandiri yang dilakukan 3. To review the results of the independent evaluation
Dewan Komisaris dan Direksi; dan conducted by the Board of Commissioners and the
Board of Directors; and
4. Penentuan besaran honorarium untuk Dewan 4. Determination of the amount of honorarium for the Board
Komisaris, Direksi, serta anggota Komite Nominasi of Commissioners, Board of Directors, as well as members
dan Remunerasi yang bukan anggota Direksi. of the Nomination and Remuneration Committee who are
not members of the Board of Directors.

Informasi terkait program peningkatan kompetensi Information related to the 2020 competency improvement
tahun 2020 yang diikuti Arief Tarunakarya Surowidjojo, programs which were attended by Arief Tarunakarya
Rachmat Mulyana Hamami, dan Mivida Hamami selaku Surowidjojo, Rachmat Mulyana Hamami, and Mivida
ketua dan anggota Komite Nominasi dan Remunerasi telah Hamami as chairman and members of the Nomination
disajikan pada uraian Program Peningkatan Kompetensi and Remuneration Committee has been presented in the
Dewan Komisaris. Sementara program peningkatan description of the Competency Improvement Programs for
kompetensi yang diikuti oleh anggota Komite Nominasi the Board of Commissioners. Meanwhile, the competency
dan Remunerasi lainnya, diungkapkan sebagai berikut. enhancement programs participated by other members of
the Nomination and Remuneration Committee are as follows:

Tempat dan Waktu

Pelaksanaan
Time and Venue
Rifki** Anggota Sharing Session Outsourcing Iftida Yasar Online, 2020

Member Sharing Session Sales Incentive Gatot Prihandoko Online, 2020
Training Introduction Core Values Online
M Isarino Waldhemar Online, 2020
Batch 1
Making Project Happen Yuwono Wijanarko (PQM) Online, 2020
Master Trainer dan Transformation
Your Roles as a Coach Batch 2 Online, 2020
Coach Lucy Kusman
Converting Idea to Value - Creativity &
Iwan Panggabean Online, 2020
Innovation

Commissioners
Kinerja Komite Nominasi dan Remunerasi senantiasa The performance of the Nomination and Remuneration
dievaluasi oleh Dewan Komisaris setidaknya 1 kali Committee is evaluated by the Board of Commissioners
dalam setahun. Evaluasi kinerja Komite Nominasi dan once a year at a minimum. The performance evaluation of
Remunerasi dilakukan terhadap pencapaian target the Nomination and Remuneration Committee is carried
yang telah ditetapkan dalam rencana kerja tahunan, out by evaluating the achievement of targets set in the
sebagaimana diuraikan pada tabel berikut. annual work plan, as explained in the following table.

Tingkat efektivitas Komite dalam menjalankan Komite Nominasi dan Remunerasi telah menjalankan tugas, tanggung jawab,
fungsinya. dan wewenang sesuai dengan Piagam Komite Nominasi dan Remunerasi.
The level of effectiveness of the Committee in carrying Nomination and Remuneration Committee has performed its duties,
out its functions. responsibilities, and authority in line with the Nomination and Remuneration
Committee Charter.
Tingkat kehadiran pada rapat-rapat komite. Rata-rata tingkat kehadiran anggota Komite Nominasi dan Remunerasi
Level of attendance at committee meetings. mencapai 100%.
Average attendance rate of members of the Nomination and Remuneration
Committee was 100%.
Tingkat pemahaman anggota Komite terhadap berbagai Seluruh anggota Komite Nominasi dan Remunerasi memahami dan
permasalahan yang berkaitan dengan SDM di Perseroan menguasai permasalahan yang dialami Perseroan di sepanjang tahun 2020.
dan Grup ABM. All members of the Nomination and Remuneration Committee understood and
The level of understanding of Committee members on had an excellent grasp on the issues faced by the Company throughout 2020.
various issues related to HR at Company and ABM Group.
Besaran honorarium untuk anggota Komite Nominasi The amount of honorarium for the Nomination and Remuneration
dan Remunerasi yang bukan anggota Dewan Komisaris Committee members who were not members of the Board of
ditetapkan berdasarkan kebijakan Perseroan dan Commissioners were determined based on the Company policy
dibebankan kepada anggaran perusahaan. Penetapan and was stipulated into the Company budget. Determination
besaran honorarium juga disesuaikan dengan of the amount of the honorarium was also adjusted to the
perkembangan usaha serta kebijakan perusahaan. business development and the Company’s policy.

Kebijakan Nominasi Dewan Komisaris dan The Board of Commissioners and the Board
Direksi of Directors Nomination
Penentuan nominasi untuk Dewan Komisaris dan Determination of nominations for the Board of
Direksi di lingkup Perseroan diatur dalam Board Manual. Commissioners and Board of Directors in the Company’s
Kandidat anggota Dewan Komisaris dan Direksi di Grup scope is regulated in the Board Manual. Candidates for
ABM diutamakan berasal dari lingkungan internal (bisa members of the Board of Commissioners and Board
Direktur Entitas Anak ataupun karyawan yang terpilih dari of Directors can come from the internal environment
dalam Perseroan), melalui tahapan pengembangan dan (selected employees from within the Company). However,
penunjukan. Meski demikian, tidak menutup kemungkinan the Company did not rule out the possibility to also recruit
Perseroan juga merekrut Dewan Komisaris atau Direksi dari the Board of Commissioners or Directors from the external
lingkungan eksternal dengan ketentuan sebagai berikut. environment with the following conditions.
1. Diwajibkan oleh undang-undang;
2. Tidak ada karyawan internal yang memenuhi syarat; 1. Required by the law;
dan 2. There are no internal employees available who satisfy
3. Terdapat kebijakan resmi pemerintah daerah terkait the requirements; and
keberadaan perwakilan pemerintah atau putra daerah 3. There is an official policy of the regional government related
sebagai salah satu pimpinan pada jajaran Direksi. to the induction of government or local representatives as
one of the members of the Board of Directors.
Pedoman dalam proses nominasi sebagaimana terdapat Guidelines in the nomination process as contained in the
dalam Kebijakan Board & Management mengatur proses Board & Management Policy govern the nomination process
nominasi dari tingkat Komisaris Utama hingga level from the level of the President Commissioner to the general
general manager di dalam Grup ABM. Kebijakan Nominasi managerlevel within ABM Group entity.Detailed information
dan Remunerasi serta Kebijakan Board & Management on the Nomination and Remuneration Policyand Board
tersedia secara lengkap pada situs web bagian Komitmen & Management Policy is available on the Company’s
Kami > Tata Kelola > Komite Dewan Komisaris. website under the section of Our Commitment >Corporate
Governance > Board of Commissioners' Committees.
Kebijakan Suksesi Direksi Board of Directors

Dewan Komisaris memastikan adanya rencana suksesi Succession Policy The Board of Commissioners ensures
yang jelas dan memadai, disertai proses penunjukan, a clear and adequate succession plan, accompanied by
pelatihan, dan pemberian motivasi bagi setiap anggota a process of appointment, training, and motivation for
Direksi di ABM maupun Entitas Anak. Selain itu, Dewan each member of the Company’s Board of Directors as well
Komisaris juga mengevaluasi kinerja Direksi secara formal as its subsidiaries and executives, and evaluates their
dan berkala, minimal 1 kali setahun. performance formally and periodically, at least once a year.
Kandidat anggota Dewan Komisaris dan Direksi di lingkup Candidates for members of the Board of Commissioners
Grup ABM dapat diperoleh dari internal maupun eksternal. and Board of Directors within ABM Group may be secured
Kandidat yang berasal dari internal dipilih melalui either internally or externally. Internal candidates are
proses pengembangan atau melalui penunjukan. Proses selected through the development process or appointment.
pengembangan dimulai dengan memberikan kandidat The development process starts by assigning the potential
posisi tambahan di Entitas Anak, disertai penilaian candidates to an additional position in the Subsidiaries,
prestasi kandidat tersebut dalam program Directorship. accompanied by an assessment of the candidates’
Sementara itu, kandidat yang dipilih melalui proses achievements in the Directorship program. Meanwhile,
penunjukan adalah karyawan 1 tingkatan di bawah Direksi candidates selected through the appointment process
yang telah mengikuti dan lulus program Directorship. are employees one tier below the Directors who had
participated in and passed the Directorship program.
Perseroan memiliki Group Executive Management The Company has a Group Executive Management
(GEM) untuk melaksanakan proses nominasi, seleksi, (GEM) to carry out the process of nomination, selection,
pengembangan, dan promosi posisi eksekutif di lingkup development, and promotion of executive positions within

Grup ABM secara koordinasi dan terpusat. Produk GEM ABM Group in a coordinated and centralized manner. GEM
berupa para eksekutif baru yang telah dikembangkan products include new executives that have been developed
sesuai dengan kebutuhan Perseroan terkait rencana in accordance with the Company’s needs regarding
suksesi manajemen. GEM sendiri beranggotakan Direksi management succession plans. The GEM itself consists
dan diketuai oleh Direktur Utama yang dalam menjalankan of the Board of Directors and is chaired by the President
aktivitasnya difasilitasi oleh Departemen Sumber Daya Director, and when carrying out its activities, it is facilitated
Manusia. by the Human Resources Department.
Proses suksesi bagi Direksi Perseroan (sebagai holding) The succession process for the Company’s Board of Directors,
tidak terlepas dari mekanisme berjenjang yang diterapkan as a holding, is inseparable from the tiered mechanism
di lingkup Grup ABM, seperti terlihat pada bagan berikut. implemented in ABM Group, as shown in the chart.
Proses Suksesi Direksi di Lingkup ABM

Director Successtion Process in ABM
Group Executive Komite Nominasi dan

Talent Committe (SDM) Management (GEM) Remunerasi
Talent Committee (HC) Group Executive Nomination and
Management (GEM) Remuneration Committee
Seluruh Eksekutif Grup ABM

Seluruh Karyawan (Eksekutif ABM dan seluruh
(Non-Eksekutif) Eksekutif Entitas Anak) Direksi ABM
All Employees All ABM Executive Group ABM Board of Directors
(Non-Executive) (ABM Executive and all
Subsidiary Executives)
Kebijakan suksesi dalam proses nominasi anggota The succession policy in the nomination process of
Direksi telah diatur dalam Piagam Komite Nominasi members of the Board of Directors has been regulated in
dan Remunerasi serta Kebijakan Board & Management. the Charter of the Nomination & Remuneration and Board
Rencana suksesi dibahas setiap tahun dan pelaksanaan & Management Policy. Succession plans are discussed
suksesi dijalankan oleh Perseroan sesuai kebutuhan. annually and the succession is carried out by the Company
as needed.
Pengangkatan, Kriteria dan Criteria and Requirements for

Persyaratan, serta Pemberhentian Appointment and Dismissal of Members
Anggota Dewan Komisaris dan Direksi of the Board of Commissioners and the
Board of Directors
Tahapan pengangkatan anggota Dewan Komisaris dan The appointment stages for the members of the Board of
Direksi diuraikan sebagai berikut. Commissioners and the Board of Directors are as follows.

1. Proses Nominasi 1. Nomination Process

Perseroan menugaskan Komite Nominasi dan The Company has assigned the Nomination and
Remunerasi serta Pengembangan SDM untuk Remuneration Committee and HR Development to carry
melaksanakan proses nominasi bagi anggota Dewan out the nomination process for members of the Board of
Komisaris dan Direksi. Commissioners and the Board of Directors.
2. Pengajuan Calon Anggota Dewan Komisaris dan 2. Submission of Candidates for Members of the Board of
Direksi Commissioners and the Board of Directors.
Ketua Komite Nominasi dan Remunerasi serta The Chairperson of the Nomination, Remuneration and
Pengembangan SDM menyerahkan daftar nama calon HR Development Committee submits a list of candidates
anggota Dewan Komisaris dan Direksi yang diputuskan for members of the Board of Commissioners that are to
melalui rapat internal Dewan Komisaris. be decided through an internal meeting of the Board of
Commissioners.
3. Penilaian Kemampuan dan Kepatutan 3. Fit and Proper Test
Perseroan melakukan penilaian kemampuan dan The Company conducts fit and proper test on parties
kepatutan pihak yang tercantum dalam daftar calon listed in the list of candidates for the Board of
anggota Dewan Komisaris dan Direksi. Para calon Commissioners and the Board of Directors. Prospective
anggota yang telah lulus penilaian tersebut, kemudian members who have passed the test are then submitted
diajukan dalam RUPS untuk diangkat. to the GMS for appointment.
4. Penetapan Anggota Dewan Komisaris dan Direksi 4. Appointment of Members of the Board of Commissioners
Calon yang telah memenuhi kriteria dan lulus and the Board of Directors
penilaian kemampuan dan kepatutan diangkat Candidates who have met the criteria and passed the fit
melalui persetujuan para Pemegang Saham pada saat and proper test are appointed through the approval of
pelaksanaan RUPS. the Shareholders at the time of the GMS.
Persyaratan anggota Dewan Komisaris dan Direksi The requirements for members of the Board of Commissioners
diuraikan sebagai berikut. and Board of Directors are described as follows.
1. Mempunyai akhlak, moral, dan integritas yang baik; 1. Having good character, morals, and integrity;
2. Cakap melakukan perbuatan hukum; 2. Capable in performing legal actions;
3. Dalam 5 tahun sebelum pengangkatan dan selama 3. Within 5 years before appointment and during the term
menjabat: of office:
a. Tidak pernah dinyatakan pailit; a. Never been declared bankrupt;
b. Tidak pernah menjadi anggota Dewan Komisaris b. Never become a member of Board of Directors and/
dan/atau anggota Direksi yang dinyatakan bersalah or a member of Board of Commissioners who is
menyebabkan suatu perusahaan dinyatakan pailit; found guilty for causing a company to be declared
bankrupt;
c. Tidak pernah dihukum karena melakukan tindak c. Never been punished for committing a criminal act
pidana yang merugikan keuangan negara dan/atau that is detrimental to state finances and/or related
yang berkaitan dengan sektor keuangan; to the financial sector;
d. Tidak pernah menjadi anggota Dewan Komisaris d. Never been a member of Board of Directors and/or a
dan/atau anggota Direksi yang selama menjabat: member of Board of Commissioners who during the
term of office:
1) Pernah tidak menyelenggarakan RUPS Tahunan; 1) Has ever not convened the annual GMS;
2) Pertanggungjawabannya sebagai Dewan 2) The accountability as a member of Board
Komisaris dan/atau anggota Direksi pernah of Directors and/or a member of Board of
tidak diterima oleh RUPS atau pernah tidak Commissioners has ever not been accepted by
memberikan pertanggungjawaban sebagai GMS or has ever not presented the accountability
anggota Dewan Komisaris dan/atau anggota as a member of Board of Directors and/or a
Direksi kepada RUPS; dan member of Board of Commissioners to GMS; and
3) Pernah menyebabkan perusahaan yang 3) Has ever caused a company that obtains license,
memperoleh izin, persetujuan, atau pendaftaran approval, or registration from the authority
dari otoritas yang bertanggung jawab dalam responsible for capital market sector not to fulfill

bidang pasar modal tidak memenuhi kewajiban its obligation to submit its annual report and/or
menyampaikan Laporan Tahunan dan/atau financial statements to the authority responsible
Laporan Keuangan kepada otoritas yang for capital market.
bertanggung jawab di bidang pasar modal.
Dewan Komisaris melalui komite pendukung dapat The Board of Commissioners through supporting committee
menerapkan persyaratan tambahan bagi seorang calon can apply additional requirements for a candidate member
anggota Dewan Komisaris. Sementara itu, persyaratan of the Board of Commissioners. Meanwhile, the specific
khusus yang harus dipenuhi calon anggota Direksi, yaitu: requirements that must be met by candidate members of
the Board of Directors are:
1. Mempunyai pengetahuan dan keterampilan mengenai 1. Has knowledge and skills regarding the business
proses bisnis Perseroan dan Grup ABM; processes of the Company and ABM Group;
2. Mempunyai pengetahuan dan keterampilan mengenai 2. Has knowledge and skills regarding risk management,
manajemen risiko, tata kelola perusahaan, dan sistem corporate governance, intern control system;
pengendalian internal;
3. Memiliki integritas, yaitu tidak pernah secara langsung 3. Has integrity, that is, never directly or indirectly be
maupun tidak langsung terlibat dalam perbuatan involved in acts of engineering and deviant practices,
rekayasa dan praktik-praktik menyimpang, cidera janji, breach of contract, and other actions that harm the
serta perbuatan lain yang merugikan Perseroan di mana Company where the person is employed or has worked;
yang bersangkutan bekerja atau pernah bekerja; dan and
4. Memiliki kemampuan dan pengalaman dalam pengurusan 4. Having the ability and experience in administration and
dan pengelolaan, kepemimpinan, visi dan misi, dan management, leadership, vision and mission as well the
strategi pengembangan Perseroan, baik jangka panjang Company development strategy, both long-term and
serta penyelesaian masalah strategis perusahaan. company strategic problem solving.
Jabatan anggota Dewan Komisaris dan Direksi berakhir The position of a member of the Board of Commissioners
apabila: and the Board of Directors shall end in the event that:
1. Mengundurkan diri; 1. Resign;
2. Masa jabatannya berakhir; 2. The term of office ends;
3. Tidak lagi memenuhi persyaratan perundangan yang 3. No longer meets the applicable regulatory requirements;
berlaku;
4. Diberhentikan berdasarkan keputusan RUPS; 4. Dismissed based on GMS resolution;
5. Meninggal dunia dalam masa jabatannya; 5. Dies during the term of office;
6. Tidak dapat melaksanakan tugasnya dengan baik; 6. Cannot perform the duties properly;
7. Tidak melaksanakan ketentuan peraturan perundang- 7. Does not carry out the provisions of the laws and regulations
undangan dan/atau ketentuan Anggaran Dasar; and/or provisions of the Articles of Association;
8. Terlibat dalam tindakan yang merugikan Perseroan 8. Engages in action that harms the Company and/or
dan/atau Negara; serta State; and
9. Dinyatakan bersalah dengan putusan pengadilan yang 9. Convicted by a court decision that has permanent legal
mempunyai kekuatan hukum yang tetap. force.
Dewan Komisaris dapat memberhentikan sementara The Board of Commissioners may temporarily dismiss one
waktu seorang atau lebih anggota Direksi, apabila yang or more members of the Board of Directors, if the person
bersangkutan: concerned:
1. Melakukan perbuatan yang bertentangan dengan 1. Performed actions that are contrary to the Company’s
Anggaran Dasar Perseroan; Articles of Association;
2. Diindikasi melakukan perbuatan yang dapat 2. Is indicated to have performed actions that could cause
menimbulkan kerugian pada Perseroan; harm to the Company;
3. Melalaikan kewajibannya; dan/atau 3. Neglected their obligation; and /or
4. Terdapat alasan yang mendesak bagi Perseroan. 4. There is an urgent reason for the Company to do so.

Anggota Dewan Komisaris dan Direksi berhak mengundurkan Members of the Board of Commissioners and the Board
diri dari jabatannya dengan memberitahukannya secara of Directors have the right to resign from their positions
tertulis. Namun demikian, yang bersangkutan tetap by submitting a written notification. However, the person
dimintai pertanggungjawabannya sebagai anggota Dewan concerned is still held accountable as a member of the
Komisaris dan Direksi sejak pengangkatan hingga tanggal Board of Commissioners and the Board of the Directors from
pengunduran diri. Sementara itu, bagi anggota Dewan the appointment to the date of resignation. Meanwhile, for
Komisaris dan Direksi yang diberhentikan secara paksa, members of the Board of Commissioners dan the Board of
Perseroan memberikan kesempatan untuk membela diri Directors who were forcibly terminated, the Company provided
pada saat pelaksanaan RUPS. an opportunity to defend themselves during the GMS.
Komite Investasi Investment Committee
Komite Investasi merupakan komite yang berada di bawah The Investment Committee is a committee under
koordinasi Dewan Komisaris. Oleh karena itu, secara the coordination of the Board of Commissioners.
struktural, komite ini bertanggung jawab kepada Dewan Structurally, this committee is responsible to the Board of
Komisaris, khususnya terkait investasi yang dilakukan Commissioners,particularlyconcerning investments made
Perseroan dan Entitas Anak sehingga aktivitas investasi by the Company and its Subsidiaries so that investment
dapat dilakukan secara objektif, termasuk dalam memberikan activities can be carried out objectively, including in
solusi pengelolaan risiko yang terkait di dalamnya. providing risk management solutions related to investment.

Perseroan telah memiliki Piagam Komite Investasi yang The Company has an Investment Committee Charter
disahkan melalui Surat Keputusan Dewan Komisaris approved via the Decree of the Board of Commissioners
No. 012/ABM-BOC-RES/III/2013 tanggal 27 Maret 2013. No. 012/ABM-BOC-RES/ III/2013 dated 27 March 2013. This
Piagam ini disusun sebagai pedoman agar Komite Charter was established as a guideline for the Investment
Investasi dapat melaksanakan tugas dan tanggung Committee in carrying out their duties and responsibilities
jawabnya secara transparan, independen, dan dapat transparently, independently, and accountably. The
dipertanggungjawabkan. Isi piagam tersebut terdiri dari: contents of the charter include:
1. Definisi; 1. Definition;
2. Visi dan Misi; 2. Vision dan Mission;
3. Tujuan Penyusunan Piagam; 3. Purpose of the Charter;
4. Tugas dan Tanggung Jawab; 4. Duties and Responsibilities;
5. Wewenang; 5. Authority;
6. Hubungan dengan Pihak-Pihak Terkait; 6. Relationship with Related Parties;
7. Keanggotaan; 7. Membership;
8. Rapat Anggota; 8. Meetings;
9. Kode Etik; 9. Code of Ethics;
10. Remunerasi dan Anggaran; 10. Remuneration and Budgeting;
11. Pelaporan; 11. Reporting;
12. Evaluasi Kinerja; dan 12. Performance Evaluation; and
13. Pemberlakuan dan Penyempurnaan. 13. Enforcement and Improvement.
Piagam Komite Investasi Perseroan tersedia di situs The Investment Committee Charter is available on
web bagian Komitmen Kami > Tata Kelola > Komite the Company’s website underthe section of Our
Dewan Komisaris (https://abm-investama.com/upload/ Commitment>Corporate Governance > BOC Committees
Investments_Commitee_Charter_ind.pdf). section(https://abm-investama.com/upload/Investments_
Commitee_Charter_ind.pdf).

Persyaratan Keanggotaan Requirements

Persyaratan untuk menjadi anggota Komite Investasi The requirements for members of the Company’s Investment
Perseroan, yaitu: Committee include:
1. Memahami kegiatan usaha Perseroan dan Grup ABM; 1. Possessing knowledge on the business activities of the
Company and ABM Group;
2. Mempunyai pengetahuan dan pengalaman yang 2. Possessing sufficient knowledge, experience, and
memadai sesuai dengan latar belakang pendidikannya; educational background that goes in line with their line
serta of work; and
3. Mampu berkomunikasi dengan baik. 3. Is able to communicate well.
Tugas, Tanggung Jawab, dan Wewenang Duties, Responsibilities, and Authority

Tugas dan tanggung jawab Komite Investasi ABM yaitu: The duties and responsibilities related to the Investment
Committee include:
1. Menelaah efektivitas pedoman investasi yang telah 1. Reviewing the effectiveness of investment guidelines
ditetapkan bagi kegiatan investasi Perseroan dan that have been set for the investment activities of the
Entitas Anak; Company and its Subsidiaries;
2. Menelaah dan mengkaji secara periodik pelaksanaan 2. Reviewing and examining periodically the investment
kegiatan investasi oleh Perseroan dan Entitas Anak, activities done by the Company and Subsidiaries, which
meliputi kepatuhan pelaksanaan terhadap kebijakan include compliance with the investment policies and
investasi dan petunjuk pelaksanaan, termasuk tingkat implementation guidelines, including the level of risk of
risiko dari setiap investasi; each investment;
3. Melakukan pengkajian dan penelaahan terhadap 3. Reviewing and examining the Charter and providing
kelengkapan piagam serta memberikan rekomendasi recommendations to the Board of Commissioners on
kepada Dewan Komisaris atas penyesuaian- necessary adjustments;
penyesuaian yang diperlukan;
4. Memastikan dibuatnya risalah rapat komite untuk 4. Ensuring that minutes of committee meetings are created
dilaporkan kepada Dewan Komisaris secara reguler; and submitted to the Board of Commissioners regularly;
5. Menyelesaikan bahan rujukan dan informasi untuk 5. Completing reference materials and information for
keperluan Dewan Komisaris terkait pengelolaan the Board of Commissioners related to investment
investasi dan risiko usaha, apabila diminta; management and business risk if requested;
6. Membuat rencana kerja tahunan komite yang 6. Preparing the committee’s annual work plan, to be
diselaraskan dengan rencana kerja tahunan atas aligned with the annual work plan of the Company’s
Kebijakan Investasi Perseroan; Investment Policy;
7. Melaporkan hasil-hasil kerja komite kepada Dewan 7. Reporting the committee’s results of work periodically
Komisaris secara periodikal; dan to the Board of Commissioners; and
8. Melaksanakan tugas Dewan Komisaris lainnya terkait 8. Carrying out other duties of the Board of Commissioners
peran dan tanggung jawab Dewan Komisaris dalam related to its roles and responsibilities in overseeing the
mengawasi investasi Perseroan dan Entitas Anak. investment of the Company and its Subsidiaries.
Wewenang yang dimiliki Komite Investasi ABM yaitu: The authority of the Investment Committee includes:
1. Mengakses catatan atau informasi tentang investasi, 1. To access records or information on investments, use
penggunaan dana terkait investasi, aset, serta of funds related to investments, assets, and other
sumber daya Perseroan lainnya yang berkaitan dengan resources related to the implementation of duties;
pelaksanaan tugas;
2. Meminta dan/atau mendapatkan kerja sama dari 2. To obtain cooperation and/or support from business
mitra kerja, antara lain Sekretaris Dewan Komisaris partners, including the Secretary of the Board of
dan komite lain, Tim Investasi, dan/atau unit-unit Commissioners and other committees, the Investment
operasional Perseroan, termasuk Entitas Anak; Team, and/or the Company’s operational units, including
Subsidiaries;
3. Melakukan komunikasi secara langsung dengan Dewan 3. To establish communication directly with the Board of
Komisaris dan Tim Investasi; Commissioners and the Investment Team;

4. Menyusun, mengevaluasi, mengubah, dan 4. To prepared, evaluate, alter and implement the Charter,
melaksanakan Piagam, termasuk menentukan including the determination of the procedures and
prosedur dan lingkup pelaksanaan pekerjaan komite, scope of the work of the committee, with the approval
dengan persetujuan Dewan Komisaris; serta of the Board of Commissioners; and
5. Mendapatkan saran dari narasumber yang profesional, 5. To seek advice from professional parties whenever
apabila diperlukan. necessary.

Komite Investasi Perseroan berjumlah 4 orang dengan The following is the composition of the Company’s
komposisi sebagai berikut. Investment Committee, which consists of 4 members.
1. Seorang Komisaris yang menjabat sebagai ketua; 1. A Commissioner who serves as a chairman;
2. Anggota yang terdiri dari: 2. Members, consisting of:
a. Direktur Utama; a. President Director;
b. Direktur; dan b. Director; and
c. Head of Corporate Finance & Treasury. c. Head of Corporate Finance & Treasury.
Masa jabatan Komite Investasi paling lama 3 tahun, tetapi The term of office of the Investment Committee is 3 years
tidak lebih lama dari masa jabatan Dewan Komisaris at maximum and no longer than the term of office of the
dengan tidak mengurangi hak Dewan Komisaris untuk Board of Commissioners without prejudice to the right of
memberhentikan sewaktu-waktu. Anggota Komite the Board of Commissioners to dismiss them at any time.
Investasi yang berakhir masa jabatannya dapat diangkat Investment Committee members whose term of service
kembali untuk periode berikutnya. Berdasarkan ketentuan- ends may be reappointed for the next period. Based on
ketentuan tersebut, komposisi dan masa jabatan Komite these provisions, the composition and term of office of the
Investasi Perseroan pada tahun 2020 sebagai berikut. Company’s Investment Committee in 2020 as follows.

Rachmat Ketua Komisaris Utama • 2012-2015 : Surat Keputusan Dewan Komisaris ABM No. 017/ABM-
Mulyana Chairman President RESBOC/V/2012 tanggal 3 Mei 2012;
Hamami Commissioner • 2015-2018 : Surat Keputusan Dewan Komisaris ABM No. 004/ABM-
RESBOC/V/2016 tanggal 19 Mei 2016; dan
• 2018-2021 : Surat Keputusan Dewan Komisaris No. 023/ABMRES-BOC/VII/2018
tanggal 5 Juli 2018 dimana susunan Komite Investasi terakhir
disahkan Berdasarkan Surat Keputusan Dewan Komisaris ABM
No. 009/ABM-BOC/CIR/I/2019 tanggal 24 Januari 2019.
• 2012-2015 : ABM Board of Commissioners Decree No. 017/ABM-RESBOC/V/2012
dated 3 May 2012;
dated 19 May 2016; and
• 2018-2021 : Board of Commissioners Decree No. 023/ABMRES-BOC/VII/2018
dated 5 July 2018 where the latest Investment Committee composition
was most recently ratified based on ABM Board of Commissioners
Decree No. 009/ABM-BOC/ CIR/I/2019 dated 24 January 2019.
Achmad Anggota Direktur Utama • 2012-2015 : Surat Keputusan Dewan Komisaris ABM No. 017/ABM-
Ananda Member President Director RESBOC/V/2012 tanggal 3 Mei 2012;
Djajanegara • 2015-2018 : Surat Keputusan Dewan Komisaris ABM No. 004/ABM-
RESBOC/V/2016 tanggal 19 Mei 2016; dan
• 2018-2021 : Surat Keputusan Dewan Komisaris No. 023/ ABM-RES-BOC/
VII/2018 tanggal 5 Juli 2018 dimana susunan Komite Investasi
terakhir disahkan berdasarkan Surat Keputusan Dewan Komisaris
ABM No. 009/ABM-BOC/CIR/I/2019 tanggal 24 Januari 2019.
dated 3 May 2012;
dated 19 May 2016; and
• 2018-2021 : Board of Commissioners Decree No. 023/ABMRES-BOC/VII/2018
dated 5 July 2018 where the latest Investment Committee composition
was most recently ratified based on ABM Board of Commissioners
Decree No. 009/ABM-BOC/ CIR/I/2019 dated 24 January 2019.


Adrian Anggota Direktur • 2018-2021 : Surat Keputusan Dewan Komisaris ABM No. 009/ABM-BOC/
Erlangga Member Directors CIR/I/2019 tanggal 24 Januari 2019
• 2018-2021 : ABM Board of Commissioners Decree No. 009/ABM-BOC/CIR/I/2019
dated 24 January 2019.
Yoghi Anggota Head of Corporate • 2018-2021 : Surat Keputusan Dewan Komisaris ABM No. 009/ABM-BOC/
Nuswantoro Member Finance & CIR/I/2019 tanggal 24 Januari 2019.
Treasury • 2018-2021 : ABM Board of Commissioners Decree No. 009/ABM-BOC/CIR/I/2019
dated 24 January 2019.
Informasi terkait profil anggota Komite Investasi disajikan Information on the profile of Investment Committee
pada bab Profil Perusahaan dalam Laporan Tahunan ini. members is presented in the Company Profile chapter in
this Annual Report.

Seluruh anggota Komite Investasi dipilih sesuai dengan All members of the Investment Committee are selected
kemampuan, latar belakang pendidikan, dan telah according to their capabilities, educational background,
memenuhi syarat yang telah ditentukan oleh ABM dan and following the requirements set by ABM and the prevailing
peraturan perundang-undangan. Perseroan menjamin regulations. The Company guarantees the independence of
independensi masing-masing anggota Komite Investasi each member of the Investment Committee as shown in the
sebagaimana yang ditunjukkan dalam tabel pemenuhan Independence Aspect compliance table below.
aspek independensi berikut ini.
Aspek Independensi Rachmat Mulyana Achmad Ananda Adrian Yoghi

Independence Aspect Hamami Djajanegara Erlangga Nuswantoro
Tidak memiliki benturan kepentingan (conflict of
interest) terhadap Perseroan. x √ √ √
Tidak merangkap jabatan sebagai pengurus partai
politik dan/atau calon anggota legislatif dan/atau
eksekutif dan/atau yudikatif dan/atau jabatan lain yang
memiliki potensi benturan kepentingan.
√ √ √ √
Has no concurrent positions as administrator of political
parties and/ or candidates of legislative and/or executive
and/or judicial and/or other positions with potential
conflict of interest.
Kode Etik Code of Conduct

Seluruh anggota Komite Investasi diwajibkan mematuhi All Investment Committee members are required to
Kode Etik yang tercantum dalam Piagam Komite Investasi, comply with the Code of Conduct listed in the Investment
yaitu: Committee Charter, which includes:
1. Memberikan kemampuan terbaik, dengan senantiasa 1. That they shall devote their best ability for the Company
menjaga kerahasiaan informasi Perseroan dan by always maintaining the confidentiality of the
menjunjung tinggi independensi dan profesionalisme, Company’s information and upheld independence,
serta menyediakan waktu yang cukup untuk professionalism, and dedicated their time to carry out
melaksanakan tugasnya; serta their duties; and
2. Mengutamakan integritas, independen, objektivitas, 2. That they shall prioritize integrity, independence,
kejujuran, serta memberikan komitmen yang tinggi objectivity, honesty, and commitment to the progress of
demi kemajuan Perseroan dan terlaksananya Good the Company and the implementation of Good Corporate
Corporate Governance. Governance.


Sepanjang 2020, kegiatan-kegiatan yang dilakukan In 2020, the activities carried out by the Investment
Komite Investasi ABM, yakni: Committee included:
1. Menyampaikan risalah kegiatan investasi dan divestasi 1. Delivered minutes of investment and divestment
di sepanjang tahun 2019; activities throughout 2019;
2. Memberikan arahan dan parameter investasi dan 2. Provided investment and divestment direction and
divestasi untuk tahun 2020; parameters for 2020;
3. Menyampaikan informasi terkait fokus investasi dan 3. Delivered information related to investment and
divestasi untuk tahun 2020; divestment focus for 2020;
4. Menyampaikan potensi proyek untuk CK di Sinarmas 4. Delivered a potential project for CK at Sinarmas Mining
Mining Group; Group;
5. Menyampaikan informasi terkait divestasi kapal-kapal 5. Delivered information related to the divestment of ATR
ATR; vessels;
6. Menyampaikan informasi terkait divestasi AJN; 6. Delivered information related to AJN divestment;
7. Menyampaikan informasi terkait special A/R collection 7. Delivered information related to special A/R collection
dan penjualan alat di CK; and sales of equipment at CK;
8. Memaparkan informasi terkait investasi dan divestasi 8. Described information related to investment and
sepanjang semester 1 tahun 2020; divestment during the first semester of 2020;
9. Menyampaikan informasi terkait update proyek-proyek 9. Delivered information related to updates to new projects
baru di CK; at CK;
10. Memaparkan terkait approval matrix untuk investasi 10. Described the approval matrix for investment and
dan divestasi; divestment;
11. Memaparkan perkembangan investasi dan divestasi 11. Described the development of investments and
hingga kuartal ketiga 2020; dan divestments up to the third quarter of 2020; and
12. Memaparkan rencana investasi dan divestasi untuk 12. Described investment and divestment plans for the
tahun selanjutnya. following year.
Rapat Meetings
Rapat Komite Investasi sekurang-kurangnya 1 kali Investment Committee Meeting is conducted at least once
dalam 3 bulan. Pada tahun 2020, Komite Investasi every 3 months. In 2020, the Investment Committee held 4
menyelenggarakan 4 kali rapat, yang dilakukan secara meetings, which were conducted virtually through Microsoft
virtual melalui Microsoft Team. Tingkat kehadiran rapat Teams. The attendance rate of the Company's Investment
Komite Investasi Perseroan diungkapkan sebagai berikut. Committee meetings is disclosed as follows.
Alasan
Persentase
Percentage
(%)
Absence
Ketua
Chairman
Anggota
Achmad Ananda Djajanegara 4 4 100,00 -
Member
Anggota
Member
Anggota
Yoghi Nuswantoro 4 4 100,00 -
Member


Secara umum, agenda rapat Komite Investasi membahas In general, the Investment Committee meeting agenda
tentang perkembangan terkini terkait special asset unit, discusses the latest developments related to the special
investment and divestment policy and procedure (IDPP), asset unit, investment and investment policy and procedure
dan proyek lainnya yang berkaitan dengan pelaksanaan (IDPP), and other projects related to the implementation of
tugas dan tanggung Komite Investasi. the duties and responsibilities of the Investment Committee.

Informasi terkait program peningkatan kompetensi tahun Information related to the 2020 competency improvement
2020 yang diikuti Rachmat Mulyana Hamami, Achmad programs which were attended by Rachmat Mulyana
Ananda Djajanegara, dan Adrian Erlangga selaku ketua Hamami, Achmad Ananda Djajanegara, and Adrian Erlangga
dan anggota Komite Investasi telah disajikan pada uraian as chairman and members of the Investment Committee
Program Peningkatan Kompetensi Dewan Komisaris dan has been presented in the description of the Competency
Direksi. Sementara anggota Komite Investasi lainnya, Improvement Programs for the Board of Commissioners and
yaitu Yoghi Nuswantoro tidak mengikuti program Directors. Meanwhile, another member of the Investment
pengembangan kompetensi selama tahun 2020. Committee, namely Yoghi Nuswantoro, did not participate
in any competency development program during 2020.

Commissioners
Kinerja Komite Investasi senantiasa dievaluasi oleh Dewan The performance of the Investment Committee is evaluated
Komisaris setidaknya 1 kali dalam setahun. Evaluasi by the Board of Commissioners once a year at a minimum.
kinerja Komite Investasi dilakukan terhadap pencapaian The performance evaluation of the Investment Committee
target yang telah ditetapkan dalam rencana kerja tahunan, is carried out by evaluating the achievement of targets set
sebagaimana diuraikan dalam tabel berikut. in the annual work plan, as explained in the following table.

Tingkat efektivitas Komite dalam Komite Investasi telah menjalankan tugas, tanggung jawab, dan wewenang sesuai dengan
menjalankan fungsinya. Piagam Komite Investasi, serta telah memberikan pertimbangan dan rekomendasi yang
The level of effectiveness of the Committee sesuai dengan rencana pertumbuhan dan pengembangan usaha ke depan.
in carrying out its functions. The Investment Committee had exercised the duties, responsibilities, and authority in
keeping with the Investment Committee Charter, and had given its considerations and
recommendations in line with the Company’s future growth and business development.
Tingkat kehadiran pada rapat-rapat komite. Rata-rata tingkat kehadiran anggota Komite Investasi mencapai 100%.
Level of attendance at committee meetings. Average attendance rate of members of the Investment Committee was 100%.
Tingkat pemahaman anggota komite atas Seluruh anggota Komite Investasi memahami dan menguasai permasalahan yang dialami
berbagai permasalahan dalam Perseroan. Perseroan di sepanjang tahun 2020.
Level of understanding of committee All members of the Investment Committee understood and had an excellent grasp on the
members regardinf various issues within the issues faced by the Company throughout 2020.
Company.
Berdasarkan kebijakan Perseroan, Dewan Komisaris Based on the policy issued by the Company, the Board of
maupun jajaran manajemen Perseroan dan Entitas Anak Commissioners and the management of the Company and
yang merangkap sebagai ketua atau anggota Komite Subsidiaries who are concurrently the chair or members
Investasi, tidak mendapat remunerasi tambahan. of the Investment Committee are not eligible to receive
additional remuneration.

Komite di Bawah Direksi

Committees Under Board of Directors
Komite Kontrak Contract Committee
Dasar Pembentukan Basis of Establishment

Komite Kontrak ABM dibentuk berdasarkan: The establishment of ABM Contract Committee was based on:
1. Kebijakan Pengadaan Barang dan/atau Jasa No. ABM- 1. Procurement Policy for Goods and/or Services No. ABM-
PLC-GAP-JKT001-01 tanggal 29 Februari 2016; dan PLCGAP-JKT001-01 on 29 February 2016; and
2. Prosedur tentang Peran, Tugas, dan Tanggung Jawab 2. Procedure on Roles, Duties and Responsibilities of
Komite Kontrak No. ABM-SOP-GAP-JKT-019-00 Contract Committee No. ABM-SOP-GAP-JKT-019-00 on
tanggal 29 Februari 2016. 29 February 2016.
Tujuan Pembentukan Purpose of Establishment

1. Memastikan Department User telah mempersiapkan: 1. Ensure that the Department Users have prepared:
a. Business Case (BC); a. Business Case (BC)
b. Term of References (TOR), yang dibuat berdasarkan b. Term of References (TOR), based on Approved BC,
Approved BC, berisikan Rencana Kerja dan Syarat- containing the Work Plan and Terms (RKS) prepared
Syarat (RKS) yang dipersiapkan melalui proses through the development process:
pengembangan:
1) Work Method (WM); 1) Work Method (WM);
2) Work Schedule (WS); 2) Work Schedule (WS);
3) Work Breakdown Structure (WBS); 3) Work Breakdown Structure (WBS);
4) Cost Breakdown Structure (CBS); 4) Cost Breakdown Structure (CBS);
c. TOR Risk Assessment (TORA); c. TOR Risk Assessment (TORA);
d. Matrik Evaluasi Tender (MET); d. Tender Evaluation Matrix (MET);
e. Purchase Requisition (PR), yang disetujui oleh e. Purchase Requisition (PR), approved by
Manajemen sesuai LOA (dengan mempertimbangkan Management in accordance with LOA (considering
kelengkapan BC, TOR, TORA, MET sesuai matriks completeness of BC, TOR, TORA, MET according to
Pengadaan Barang dan/atau Jasa; the Procurement Matrix and/or services;
2. Memastikan Panitia Tender mematuhi prosedur 2. Ensure that the Tender Committee complies with
pengadaan barang dan/atau jasa, meliputi: the procedures for the procurement of goods and/or
services, include:
a. Proses prakualifikasi; a. Pre-qualification process;
b. Proses pengadaan langsung; b. Direct procurement process;
c. Proses tender terbuka/terbatas; c. Open/limited tender process;
d. Proses penunjukan langsung; d. Direct appointment process;
3. Memastikan Tim Evaluasi mempersiapkan Matriks 3. Ensure that the Evaluation Team prepares the Matrix
Evaluasi Tender sesuai TOR dan TORA, serta Tender Evaluation in accordance with TOR and TORA, as
melaksanakan evaluasi dokumen penawaran teknis well as carry out evaluation of technical and commercial
dan komersial berdasarkan Matriks Evaluasi Tender bid documents based on the Tender Evaluation Matrix
yang telah disetujui Komite Kontrak ABM, sebelum which has been approved by ABM Contract Committee,
pelaksanaan tender; prior tender execution;
4. Memantau kemajuan transaksi sinergi dalam 4. Monitor the progress of synergy transactions within
Grup ABM/TMT, serta meninjau setiap notulensi ABM/ TMT Group, as well as reviewing minutes of
ketidaksepahaman para pihak yang melakukan disagreement of the parties that perform synergy
transaksi sinergi, dengan melampirkan cost breakdown transactions, by attaching cost breakdown structure
structure (CBS) dan perjanjian tingkat layanan (SLA), (CBS) and service level agreement (SLA), for more
untuk dilakukan kajian lebih detil, merujuk pada detailed studies, by referring to sub-section 3.3 of

subpasal 3.3 Kebijakan Pengadaan Barang dan/atau ABM Goods and/or Services Procurement Policy,
Jasa ABM, tentang sinergi procurement dalam Grup regarding procurement synergy within ABM/TMT Group,
ABM/TMT, untuk dibuatkan rekomendasi kepada recommendation is made for ABM Directors;
Direksi ABM;
5. Memastikan Department User melaksanakan kontrak 5. Ensure User Departments carry out contracts for the
pengadaan barang dan/atau jasa secara efektif, sesuai procurement of goods and/or services effectively,
syarat dan ketentuan dalam kontrak, serta melakukan in accordance with the terms and conditions of the
evaluasi kinerja vendor berdasarkan perjanjian tingkat contract, and conduct vendor performance evaluations
layanan (SLA) atau Key Performance Indicators (KPI) based on the service level agreement (SLA) or Key
yang disepakati dalam kontrak; dan Performance Indicators (KPI) agreed in the contract; and
6. Memastikan hasil evaluasi kinerja vendor di-input 6. Ensuring that vendor performance evaluation results
ke dalam SAP secara periodik, selanjutnya hasil are entered into SAP periodically, then the evaluation
evaluasi akan direplikasi dan muncul pada “Dashboard” results will be replicated appear on the e-Procurement
e-Procurement. “Dashboard”.

1. Melakukan tinjauan aspek legal, sosial, risiko, 1. Review the legal, social, risk, administrative, technical
administratif, teknis, dan komersial terhadap proses and commercial aspects of the process goods and
pengadaan barang dan jasa, serta memberikan services procurement, and provide principle approval or
persetujuan prinsip atau penolakan disertai alasan, rejection accompanied by reasons, to:
terhadap:
a. Proses prakualifikasi (kepatuhan terhadap a. Prequalification process (compliance to
persyaratan administratif, perizinan, lisensi, administrative, licensing, competency, certification,
kompetensi, sertifikasi, dan aspek legal lainnya, other legal aspects and insurance requirements);
serta persyaratan asuransi);
b. Proses penetapan kriteria dan subkriteria b. The process of determining technical and
penilaian teknis dan komersial, serta pembobotan, commercial criteria and sub-criteria, as well as
yang dituangkan ke dalam formulir Matrik Evaluasi weighting, is poured into the Tender Evaluation
Tender (MET); Matrix (MET) form;
c. Proses tender melalui Request for Quotation c. Tender process through Request for Quotation
(RFQ) kepada rekanan yang sudah terdaftar di (RFQ) to the list of existing partners registered in
e-Procurement, sesuai kompetensi dan kualifikasi e-Procurement, according to competence and the
yang dipersyaratkan berdasarkan analisa risiko qualifications required, of which based on job risk
pekerjaan (K1, K2, M1, M2, B); analysis (K1, K2, M1, M2, B);
d. Proses tender terbatas melalui Request for d. The limited tender process through the Request for
Proposal (RFP) kepada rekanan yang sudah maupun Proposal (RFP) to the list of existing partners or not
belum terdaftar di e-Procurement, yang dilakukan yet registered in e-Procurement, which is conducted
melalui 2 tahap seleksi: through 2 selection stages:
1) Kualifikasi dan administrasi; 1) Qualifications and administration;
2) Teknis dan komersial; 2) Technical and commercial;
e. Proses tender terbuka melalui Request for Tender e. The open tender process through the Request for
(RFT) yang diumumkan melalui media cetak dan Tender (RFT) was announced through the printed
e-Procurement, yang dilakukan melalui 3 tahap media and e-Procurement, of which is executed
seleksi: through 3 stages of selection:
1) Kualifikasi administrasi; 1) Administrative qualifications;
2) Teknis; 2) Technical;
3) Komersial; 3) Commercial;
f. Proses penunjukan langsung kepada Preference f. The process of direct appointment to the
Vendor, karena agen tunggal pemegang merek Preference Vendor, because the sole agent (ATPM),
(ATPM), alasan penting dan mendesak yang an important and urgent reason that has an impact
berdampak pada produksi, keselamatan, on production, safety, occupational health and the

kesehatan kerja dan lingkungan, reputasi atau environment, reputation or Directors’ discretion,
diskresi Direksi, yang dituangkan ke dalam laporan which is stated in the exception report;
eksepsi;
g. Proses evaluasi tender berdasarkan Matrik g. The tender evaluation process is based on the Self
Evaluasi Tender dan Harga Perkiraan Sendiri (HPS) Estimated Tender and Price Evaluation Matrix (HPS)
yang telah disetujui Komite Kontrak ABM, dan that has been approved by ABM Contract Committee,
rekomendasi calon pemenang tender berdasarkan and the recommendation of the winning bidder is
hasil evaluasi teknis dan komersial yang tertinggi; based on the highest technical and commercial
evaluation results;
h. Permintaan perubahan nilai kontrak dan/atau h. Requests for amendment in contract value and/
perpanjangan masa berlaku kontrak, karena adanya or extension of contract period, due to additional/
pekerjaan tambah/kurang, klaim sejumlah hari/ less work, claim for number of days/hours of delay
jam keterlambatan yang bukan karena kelalaian that are not due to vendor negligence (simultaneous
vendor (simultaneous operations, keadaan kahar, operations, force majeure, etc.) must be supported
dan sebagainya) yang wajib didukung dengan by proper legal documents;
dokumen yang sah;
i. Proses evaluasi kinerja vendor dan rekomendasi i. The process of vendor performance evaluation and
tindakan korektif terhadap vendor yang terbukti recommendations for corrective actions to vendors
melakukan tindakan indisipliner/wanprestasi that performed in-disciplinary actions or default
berdasarkan kontrak, yang wajib didukung dengan based on the contract, must be supported by proper
dokumen yang sah; legal documents;
2. Melakukan tinjauan dan memberikan masukan atas 2. Conduct analysis and provide input on local, regional
program prakualifikasi vendor lokal, regional, dan and national vendor prequalification programs to
nasional untuk memastikan konsistensi; ensure consistency;
3. Melakukan tinjauan dan memberikan masukan 3. Conduct analysis and provide input on any changes
terhadap setiap perubahan prosedur dan instruksi to procedures and work instructions related to the
kerja yang terkait pengadaan barang dan jasa; dan procurement of goods and services
4. Melakukan tinjauan dan memberikan rekomendasi 4. Conduct analysis and provide recommendations to ABM
kepada Direksi ABM atas usulan pembentukan Tim Board of Directors on the proposed formation of a Team
Evaluasi Tender, dari Head of Procurement; Tender Evaluation, from Head of Procurement;
5. Melakukan tinjauan dan memberikan masukan 5. Conduct analysis and provide input on each form
terhadap setiap formulir yang diajukan Procurement submitted by Procurement to improve the effectiveness
untuk meningkatkan efektivitas proses pengadaan of the process of procurement of goods and services;
barang dan jasa;
6. Menetapkan peran, tugas, dan tanggung jawab Tim 6. Determine the roles, duties and responsibilities of the
Evaluasi Tender terkait dengan pembuatan matriks Tender Evaluation Team related to the making of the
evaluasi tender, sistem penilaian dan pembobotan tender evaluation matrix, the assessment and weighting
berdasarkan TOR; dan system based on the TOR; and
7. Melakukan tinjauan dan memberikan masukan atas 7. Conduct analysis and provide input on policies and
kebijakan dan prosedur pengadaan barang dan jasa, procedures for the procurement of goods and services,
setiap 3 tahun sesuai ketentuan perusahaan yang every 3 years according to applicable company
berlaku. regulations.
Kedudukan Komite Kontrak Contract Committee Position

Komite Kontrak berada di bawah koodinasi Direksi ABM. The Contract Committee is under the coordination of the
Namun, susunan anggota Komite Kontrak diputuskan ex Board of Directors of ABM. However, the composition of
efficio yang berada di bawah Fungsi Legal Finance. the members of the Contract Committee is determined ex
efficio under the Legal Finance Function.

Anggota Komite dan SK Penunjukan Committee Members and Appointment Letters

1. Susunan keanggotaan Komite Kontrak Perseroan 1. Composition of the Contract Committee of the Company
ditetapkan oleh Direksi ABM melalui Internal Memo determined by ABM Board of Directors through Internal
No. 008/IM/ADJ/IV/2018 tanggal 30 April 2018; dan Memo No. 008/IM/ADJ/IV/2018 dated 30 April 2018; and
2. Susunan keanggotaan Tim Evaluasi Tender Perseroan 2. Composition of the Tender Evaluation Team of the
ditetapkan oleh Direksi ABM melalui Internal Memo Company is determined by ABM Board of Directors
No. 009/IM/ADJ/IV/2018 tanggal 30 April 2018. through Internal Memo No. 009/IM/ADJ/ IV/2018 dated
30 April 2018.
Pernyataan Independensi Disclosure of Independence

Seluruh anggota Komite Kontrak dipilih sesuai dengan All members of the Contract Committee are selected
kemampuan, latar belakang pendidikan, dan telah according to their capabilities, educational background,
memenuhi syarat yang telah ditentukan oleh ABM dan and following the requirements set by ABM and the prevailing
peraturan perundang-undangan. Perseroan menjamin regulations. The Company guarantees the independence
independensi masing-masing anggota Komite Kontrak, of each Contract Committee member which outlined as
yaitu: follows:
1. Tidak memiliki benturan kepentingan (conflict of 1. Has no conflict of interest with the Company; and
interest) terhadap Perseroan; serta 2. Has no concurrent positions as an administrator of
2. Tidak merangkap jabatan sebagai pengurus partai political parties and/or candidates of legislative and/or
politik dan/atau calon anggota legislatif dan/atau executive and/or judicial and/or other positions with a
eksekutif dan/atau yudikatif dan/atau jabatan lain potential conflict of interest.
yang memiliki potensi benturan kepentingan.
Rapat-Rapat Meetings
1. Rapat Tinjauan Pra-tender 1. Pre-Tender Review Meeting
a. Penetapan peserta tender; a. Determination of bidders;
b. Ruang lingkup pekerjaan (TOR) dan spesifikasi b. Scope of work (TOR) and technical specifications;
teknis;
c. Perjanjian tingkat layanan (SLA) dan key c. Service level agreement (SLA) and key performance
performance indicators (KPI); dan indicators (KPI); and
d. Matriks evaluasi tender. d. Tender evaluation matrix.
2. Rapat Tinjauan Pascatender 2. Post-Tender Review Meeting

a. Daftar periksa kualifikasi peserta tender; a. Check the qualifications of bidders;
b. Matrik evaluasi tender (teknis); b. Tender evaluation matrix (technical);
c. Matrik evaluasi tender (komersial); dan c. Tender evaluation matrix (commercial); and
d. Daftar permintaan perubahan klausul kontrak. d. Request list for changes to the contract clause.
3. Rapat Tinjauan Pelaksanaan Kontrak 3. Review of Contract Implementation Meeting

a. Evaluasi kinerja vendor melalui modul “Dashboard” a. Evaluate vendor performance through the
di e-Procurement; “Dashboard” module in e-Procurement;
b. Permintaan klarifikasi departemen user terhadap b. Request for clarification of the Department User for
KPI vendor yang “merah” (di bawah rata-rata); “red” vendor’s KPI (below average);
c. Permintaan klarifikasi departemen user terhadap c. Request clarification from the Department User
usulan perubahan nilai kontrak dan/atau regarding the proposed change in contract value
perpanjangan masa berlaku kontrak; dan and/or extension of the contract validity period; and
d. Permintaan suspensi/terminasi kontrak atas d. Request for suspension/contract termination for
wanprestasi yang tidak dapat ditolerir. defaults that cannot be tolerated.

4. Rapat Tinjauan Transaksi Sinergi 4. Synergy Transaction Review Meeting

a. Evaluasi Kinerja SBU (penyedia barang/jasa) a. SBU Performance Evaluation (Goods/Services
melalui “Dashboard” shared-folder; Providers) through shared-folder in “Dashboards”.
b. Permintaan klarifikasi SBU (pengguna barang/ b. Request for clarification of SBU (Goods/Services
jasa) atas kinerja SBU (penyedia barang/jasa) di Users) for the performance of SBU (Goods/Services
bawah rata-rata; Provider) below the average;
c. Permintaan klarifikasi SBU (pengguna barang/ c. Request for clarification of SBU (Goods/Services
jasa) terhadap usulan pemberian surat peringatan Users) on the proposal to issue a Warning Letter and
dan pengenaan denda berdasarkan SLA yang telah the Imposition of Fines based on the SLA agreed
disepakati para pihak; dan upon by the parties; and
d. Permintaan klarifikasi SBU (penyedia barang/ d. Request for clarification of SBU (Goods/Services
jasa) atas laporan SBU (pengguna barang/jasa) Provider) for SBU report (Goods/Services Users) or
atau notulensi ketidaksepakatan antara kedua Minutes of Disagreement between the two SBUs
SBU yang melakukan transaksi sinergi, dengan that carry out synergy transactions, by attaching
melampirkan bukti-bukti otentik. authentic and related evidence.

Sepanjang 2020, Komite Kontrak ABM telah melakukan Throughout 2020, the Contract Committee of ABM reviewed
tinjauan dan pemberian rekomendasi atas evaluasi proses and provided recommendations on the evaluation of the
tender berikut. following tender process.
1. Jasa implementasi sistem human capital Grup ABM 1. ABM Group’s human capital system implementation
untuk periode tahun angaran 2020-2021; services for the 2020-2021 financial years;
2. Penyedia jasa alih daya tahun anggaran 2020-2022; 2. Outsourcing to service providers for the 2020-2022
dan financial years; and
3. Penyediaan 2 tugboat baru beserta dokumennya tanpa 3. Provision of 2 new tugboats and their documents
machinery (mesin induk dan gearbox, mesin bantu, dan without machinery (main engine and gearbox, auxiliary
alternator) untuk tahun anggaran 2021. engine, and alternator) for the 2021 financial year.
Matriks Kebijakan Pengadaan Barang dan/atau Jasa

Goods and Services Procurement Policy Matrix
Procurement PR/PO
Process Value (Rp) Protocoler Result Executor
Activities Mandatory
• Proc SBU/
Contract Individual SBU/
Min 3 bid > 1 mio up to ABM
Direct Procurement Ya / Yes Committee ABM Parent
comparison 4.99 bio • Evaluation
+ BOD Contract
Team
Contract
Min 3 bid ABM Framework Evaluation Team
SCG Ya / Yes Committee
evaluation Agreement ABM
+ BOD
Tender ≥ 5 bio
Contract
Min 3 bid Individual SBU Evaluation Team
SCS Ya / Yes Committee
evaluation Contract SBU
+ BOD
Urgent & Individual SBU/
Internal Audit • Proc SBU
Direct Appoint Ya / Yes Important/ Sole > 1 mio ABM Parent
+ BOD • User
Source Contract
Expense Claim
Exception (Non-MRO) Tidak / No - ≤ 1 mio - User
Report
Evaluasi Kinerja oleh Direksi Performance Evaluation by the Directors

Evaluasi kinerja dilakukan Direksi berdasarkan laporan The performance evaluation was carried out by the
hasil rapat internal yang senantiasa didokumentasikan Directors based on the results of internal meetings reports
dan diserahkan setelah selesainya pelaksanaan rapat which were always documented and submitted after the
Komite Kontrak. completion of the Contract Committee meeting.

Mekanisme Pengangkatan dan Chair of Contract Committee Appointment

Pemberhentian Ketua Komite Kontrak and Dismissal Mechanism
Pengangkatan dan pemberhentian Ketua Komite Kontrak The appointment and dismissal of the Chair of Contract
mengacu pada Internal Memo yang ditetapkan oleh Direksi Committee refer to the Internal Memo set by the ABM Board
ABM. of Directors.
Komite Group Executive Management Group Executive Management

Committee
Dasar Pembentukan Basis of Establishment

Komite Group Executive Management (GEM) ABM dibentuk ABM Group Executive Management (GEM) Committee
berdasarkan Surat Keputusan Dewan Komisaris No. 005/ was established based on the Board of Commissioners
ABM-RES-BOC/III/2015 tanggal 13 Maret 2015 mengenai Appointment Letter No. 005/ABM-RES-BOC/III/2015
Perubahan Kebijakan Board & Management Perusahaan, dated 13 March 2015 on the Amendment to the Board &
di mana telah diperbarui berdasarkan Surat Keputusan Management Policy of the Company, which was renewed
Dewan Komisaris No.016/ABM-BOC-RES/VI/2016 tanggal based on the Board of Commissioners Decree No. 016/ABM-
22 Juni 2016. BOC-RES/VI/2016 dated 22 June 2016.
Tujuan Pembentukan Establishment Purpose

Membantu tugas Dewan Komisaris dalam menjalankan To assist the Board of Commissioners’ duties in carrying out
fungsi nominasi di seluruh Grup ABM. the nomination function throughout ABM Group.

Tugas dan tanggung jawab GEM adalah membantu Dewan The duties and responsibilities of GEM are to assist the
Komisaris dalam melaksanakan fungsi pengawasan dan Board of Commissioners in carrying out the supervisory
memastikan pelaksanaan proses nominasi dan remunerasi function and to ensure the implementation of the
berjalan secara objektif, efektif, dan efisien, serta sesuai nomination and remuneration process runs objectively,
dengan prinsip manajemen SDM dan prinsip GCG. effectively, efficiently, and follows the principles of HR
management and GCG principles.
Kedudukan GEM GEM Position

GEM berada di bawah koordinasi Direktur Utama The position of GEM is under the coordination of the
Perseroan. Komite ini secara struktural bertanggung Company’s President Director. Structurally, this Committee
jawab kepada Dewan Komisaris Perseroan. reports to the Company’s Board of Commissioners.
Anggota Komite dan SK Penunjukan Committee Members and Appointment

Letter
Susunan keanggotaan GEM Perseroan terakhir The latest composition of the Company’s GEM membership
tercantum dalam Surat Keputusan Direksi No. 008/ABM- was listed in the Appointment Letter of the Board of
RESDIR/V/2017 tanggal 24 Mei 2017. Berdasarkan surat Directors No. 008/ ABM-RESDIR/V/2017 dated 24 May 2017.
keputusan tersebut, susunan anggota GEM per 2 Januari Based on the letter, the composition of GEM members as of
2020 terdiri dari: 2 January 2020 was as follows:
Nama Jabatan
Name Position
Achmad Ananda Djajanegara Ketua / Chairman
Adrian Erlangga Anggota / Member

Haris Mustarto Anggota / Member
Doni Syamsurianto Anggota / Member
Januar Rijadian Sumardi Anggota / Member

Profil anggota GEM dapat dilihat pada bab Profil The profiles of GEM members are presented in the Company
Perusahaan dalam Laporan Tahunan ini. Profile chapter in this Annual Report.

Seluruh anggota GEM dipilih sesuai dengan kemampuan, All GEM members are selected according to their
latar belakang pendidikan, dan telah memenuhi syarat capabilities, educational background, and following the
yang telah ditentukan oleh ABM dan peraturan perundang- requirements set by ABM and the prevailing regulations. The
undangan. Perseroan menjamin independensi masing- Company guarantees the independence of each member
masing anggota GEM sebagaimana yang ditunjukkan of GEM as shown in the Independence Aspect compliance
dalam tabel pemenuhan aspek independensi berikut ini. table below.
Aspek Independensi Achmad Ananda Adrian Haris Doni Januar Rijadian

Independence Aspect Djajanegara Erlangga Mustarto Syamsurianto Sumardi
Tidak memiliki benturan kepentingan (conflict
of interest) terhadap Perseroan. √ √ √ √ √
Tidak merangkap jabatan sebagai pengurus

partai politik dan/atau calon anggota legislatif
dan/atau eksekutif dan/atau yudikatif dan/
atau jabatan lain yang memiliki potensi
benturan kepentingan.
√ √ √ √ √
Has no concurrent positions as administrator
of political parties and/ or candidates of
legislative and/or executive and/or judicial and/
or other positions with potential conflict of
interest.
Objek Penilaian Assessment Objects

Objek penilaian GEM terdiri dari: GEM Assessment Objects consist of:
1. Dewan Komisaris; 1. Board of Commissioners;
2. Direksi; dan 2. Board of Directors; and
3. Karyawan setingkat General Manager. 3. Employees at General Manager level.
Metodologi dan Proses Kerja GEM Work Methodology and Process

GEM berfungsi untuk memberikan rekomendasi terkait: GEM has functions to provide recommendations related to:
1. Nominasi; 1. Nomination;
2. Seleksi; 2. Selection;
3. Promosi; dan 3. Promotion; and
4. Development. 4. Development.
Pengambilan Keputusan Decision Making

Setiap anggota memiliki 1 hak suara dalam memberikan Each member has 1 voting right in giving decision, but if the
keputusannya, namun bila kondisi berimbang maka ketua conditions are balanced, the chairman will get an additional
akan mendapatkan tambahan 1 suara. 1 vote.
Kriteria Penilaian Assessment Criteria

Kriteria penilaian yang diterapkan terdiri dari: Assessment Criteria applied consist of:
1. Karakter 1. Character
Indikator: kesesuaian dengan Core Values Leadership Indicators: compatibility with Core Values & Leadership
Traits (CVLT) dan dinamika kelompok. Traits (CVLT) and group dynamics.

2. Kapabilitas/Kecakapan Indikator: 2. Capability/Skills Indicators:

a. Latar belakang pendidikan; a. Educational background;
b. Latar belakang pengalaman; dan b. Experience background; and
c. Keahlian teknis. c. Technical skills.
3. Kompetensi 3. Competence
Indikator: business and leadership competencies. Indicators: business and leadership competencies.
4. Kontribusi 4. Contribution
Indikator: pencapaian kinerja kerja dalam kurun waktu Indicators: achievement of work performance in the
3 tahun terakhir. past 3 years.

Sepanjang 2020, GEM telah melaksanakan kegiatan- In 2020, the GEM carried out the following activities.
kegiatan berikut.
1. Review performance dan leadership melalui konsep 1. Review of performance and leadership through the
contribution, competency, capability, dan character concept of contribution, competency, capability, and
(4C) untuk seluruh Pejabat Eksekutif Grup ABM dan character (4C) for all ABM Group Executive Officers and
menyusun talent matrix executive group; compile a talent matrix for group executives;
2. Implementasi grading alignment dan new 2. Implementation of grading alignment and new
nomenclature; nomenclature;
3. Re-assessment Pejabat Eksekutif MVC dalam rangka 3. Re-assessment of the MVC Executive Officer for
pengembangan dan rencana penempatan (rotation development and rotation plan; and
plan); serta
4. Rotasi Pejabat Eksekutif MVC. 4. Rotation of MVC Executive Officers.
Kebijakan Suksesi Direksi Directors Succession

GEM telah melakukan pemetaan terhadap jabatan penting, Policy GEM has conducted a mapping of important positions
seperti Direksi dan anggota manajemen di bawah Direksi such as Directors and members of management under the
agar dapat ditentukan suksesornya. Direksi dan anggota Directors to ease the process of succession. Directors and
manajemen yang akan menjadi suksesor disiapkan untuk management members who were designated as successors
menduduki target posisi yang ditentukan. GEM dapat will be prepared to occupy predetermined target positions.
memantau pelaksanaan program suksesi yang dikelola GEM can monitor the implementation of succession
oleh Departemen Sumber Daya Manusia Perseroan. programs managed by the Company’s Human Resources
Pemantauan ini ditujukan untuk memastikan program Department. This monitoring is intended to ensure the
suksesi diimplementasikan sesuai rencana. succession program is implemented according to plan.

Corporate Secretary
Sekretaris Perusahaan merupakan organ pendukung The Corporate Secretary supports the Board of Directors
Direksi yang berfungsi sebagai pihak penghubung antara by acting as a liaison between the Company and regulators,
Perseroan dengan regulator, Pemegang Saham, dan Shareholders, and other Stakeholders. The Corporate
pemangku kepentingan lainnya. Sekretaris Perusahaan Secretary also plays a role to ensure that ABM’s business
juga berperan untuk memastikan bahwa kegiatan usaha activities are always in accordance with prevailing
ABM telah sesuai dengan peraturan peraturan perundang- regulations, especially in the capital markets.
undangan yang berlaku, khususnya di bidang pasar modal.
Perseroan telah memiliki Piagam Sekretaris Perusahaan The Company maintains a Corporate Secretary Charter
yang disahkan melalui Surat Keputusan Direksi ABM stipulated in the Board of Directors Decree No. 016/ABM-
No. 016/ABM-RESDIR/VII/2015 tentang Piagam Sekretaris RESDIR/VII/2015 on Corporate Secretary Charter. That
Perusahaan. Piagam tersebut merupakan dasar bagi seluruh charter serves as a basis for all the Company’s policies
kebijakan dan pengambilan keputusan Perseroan terkait and decision-making processes related to the Corporate
dengan Sekretaris Perusahaan. Isi piagam tersebut terdiri dari: Secretary. The contents of the Charter include:
1. Ketentuan Umum 1. General Rules
a. Definisi; a. Definition;
b. Tujuan; b. Objectives;
c. Kedudukan, Fungsi, dan Pembentukan; c. Position, Function, and Establishment;
d. Kualifikasi; d. Qualifications;
e. Tugas dan Tanggung Jawab; e. Duties and Responsibilities;
f. Pelaporan; f. Reports;
2. Uraian Tugas dan Tanggung Jawab Sekretaris Perusahaan 2. Corporate Secretary’s Duties and Responsibilities
a. Berkaitan dengan Dewan Komisaris dan Direksi; a. Related to the BOC and the BOD;
b. Berkaitan dengan Pemegang Saham; b. Related to the Shareholders;
c. Kepatuhan; c. Compliance;
d. Penyampaian Informasi dan Hubungan dengan d. Information Submission and Relation with the
Stakeholders Perseroan; serta Company’s Stakeholders; and
3. Pengesahan dan Penyempurnaan. 3. Ratification and Improvement.
Piagam Sekretaris Perusahaan Perseroan tersedia di situs The Corporate Secretary Charter is available on the
web bagian Komitmen Kami > Tata Kelola > Sekretaris Company’s website underthe section of Our Commitment >
Perusahaan (https://abm-investama.com/upload/ Good Corporate Governance > Corporate Secretary section
Corporate-Secretary-Charter-Ind.pdf). (https://abm-investama.com/upload/Corporate-Secretary-
Charter-Ind.pdf).
Pihak yang Mengangkat dan Party Appointing and Dismissing the

Memberhentikan Sekretaris Perusahaan Corporate Secretary
Sekretaris Perusahaan bertanggung jawab langsung The Corporate Secretary is directly responsible to the
kepada Direksi serta diangkat dan diberhentikan Board of Directors and is appointed and dismissed based
berdasarkan Keputusan Direksi. Pengangkatan Sekretaris on a Decision by the Board of Directors that is based on the
Perusahaan didasarkan pada kemampuan profesional Company’s internal mechanism. The appointment of the
serta integritasnya di masyarakat dan bisnis. Corporate Secretary takes into account professional ability
and integrity in society and business.

Pejabat Sekretaris Perusahaan Corporate Secretary Position
Sekretaris Perusahaan dijabat oleh Rindra Donovan yang The Corporate Secretary position was held by Rindra
juga menjabat sebagai Head of Corporate Affair Perseroan. Donovan, who also serves as the Company’s Head of
Pengangkatan beliau ditetapkan berdasarkan Surat Corporate Affairs. His appointment was based on the
Keputusan Direksi No. 003/ABM-RES-DIR/II/2018 tanggal Board of Directors Decree No. 003/ABM-RES-DIR/II/2018
12 Februari 2018 dengan masa jabatan yang akan berakhir dated 12 February 2018, with his term of office valid until
sesuai dengan hasil evaluasi Direksi. Informasi terkait decided otherwise upon the Board of Directors’ evaluation.
Profil Sekretaris Perusahaan disajikan pada bab Profil Information on the Corporate Secretary is presented in the
Perusahaan dalam Laporan Tahunan ini. Company Profile chapter in this Annual Report.
Organisasi Sekretaris Perusahaan Corporate Secretary Organization
Kedudukan Sekretaris Perusahaan berada di bawah The Corporate Secretary is supervised by the President
Direktur Utama. Saat ini, fungsi Sekretaris Perusahaan Director. At this time, the Corporate Secretary’s function
di ABM terbagi dalam 3 bagian, yaitu Corporate (along with the Corporate Affairs function) in ABM is divided
Secretary, Corporate Social Responsibility, dan Corporate into three sections, i.e. Corporate Secretary, Corporate
Communication sebagaimana ditunjukkan pada bagan di Social Responsibility, and Corporate Communication, as
bawah ini. described in the following diagram.
Direktur Utama
President Director
Head of Corporate Affairs & Corporate Secretary
Corporate Secretary Corporate Social Responsibillity Corporate Communication
Hingga akhir tahun 2020, Divisi Corporate Secretary Until the end of 2020, the Corporate Affairs Division had 4
memiliki 4 orang karyawan, terdiri dari 1 Head of Corporate employees, namely 1 Head of Corporate Affairs & Corporate
Affair & Corporate Secretary, 1 karyawan di fungsi Secretary, 1 employee in the Corporate Secretary section,
Corporate Secretary, 2 karyawan di fungsi Corporate 2 employees in the Corporate Social Responsibility section
Social Responsibility, dan 1 karyawan di fungsi Corporate and 1 employee in the Corporate Communication section.
Communication.
Sesuai dengan peraturan Otoritas Jasa Keuangan, tugas In accordance with Financial Services Authority
dan tanggung jawab Sekretaris Perusahaan di Perseroan regulations, the details of the Corporate Secretary’s duties
diuraikan sebagai berikut. and responsibilities as follows.
1. Mengikuti perkembangan pasar modal, khususnya 1. Following the developments in the capital market,
peraturan-peraturan yang berlaku di bidang pasar especially regulations applicable in the field of capital
modal; market;

2. Memberikan pelayanan kepada masyarakat atas setiap 2. Providing services to the public for any information
informasi yang dibutuhkan pemodal yang berkaitan required by investors relating to the condition of the
dengan kondisi Perseroan; Company;
3. Memberikan masukan kepada Dewan Komisaris 3. Providing input to the Company’s Board of
dan Direksi Perseroan untuk mematuhi ketentuan Commissioners and Board of Directors to comply
peraturan perundang-undangan di bidang pasar with the provisions of the Capital Market laws and
modal; regulations;
4. Sebagai penghubung antara Perseroan dengan 4. Acting as a liaison between the Company and the
Pemegang Saham, Otoritas Jasa Keuangan, dan Shareholders, Financial Services Authority, and other
pemangku kepentingan lainnya; stakeholders;
5. Mewakili Perseroan dalam korespondensi dengan 5. Representing the Company in correspondence with
otoritas pasar modal sesuai dengan kewenangan yang the capital market authorities in accordance with the
diberikan perusahaan; dan authority granted by the company; and
6. Membantu Dewan Komisaris dan Direksi Perseroan 6. Assisting the Company’s Board of Commissioners
dalam pelaksanaan tata kelola perusahaan, meliputi: and Board of Directors in the implementation of good
corporate governance, includes:
a. Keterbukaan informasi kepada masyarakat, a. Disclosure of information to the public, including he
termasuk ketersediaan informasi pada Situs Web availability of information on the Issuers or Public
Perseroan; Company Website;
b. Penyampaian laporan kepada Otoritas Jasa b. Submitting reports to Financial Services Authority
Keuangan tepat waktu; on time;
c. Penyelenggaraan dan dokumentasi Rapat Umum c. Organizing and documenting the General Meeting of
Pemegang Saham; Shareholders;
d. Penyelenggaraan dan dokumentasi rapat Dewan d. Organizing and documenting meetings of the Board
Komisaris dan/atau Direksi; dan of Commissioners and/or Board of Directors; and
e. Pelaksanaan program orientasi terhadap e. Implementing an orientation program for the Board
perusahaan bagi Dewan Komisaris dan/atau Direksi. of Commissioners and/or Board of Directors.
Sepanjang tahun 2020, Sekretaris Perusahaan telah In 2020, the Corporate Secretary carried out the following
melaksanakan kegiatan-kegiatan berikut. activities.
1. Menyusun kalender perusahaan 2020 agar sesuai 1. Prepared the 2020 corporate calendar to adapt the
dengan siklus bisnis Perseroan dan ketentuan Company's business cycle to the provisions of laws and
peraturan perundang-undangan di Indonesia; regulations in Indonesia;
2. Mengoordinasikan rapat rutin untuk 52 kali rapat 2. Coordinated routine meetings for 52 meetings of
Direksi, 8 kali rapat Dewan Komisaris, 4 kali Rapat the Board of Directors, 8 meetings of the Board of
Gabungan Direksi dan Komisaris, serta 7 kali rapat Commissioners, 4 joint meetings of the Board of
Gabungan Komisaris dan Direksi sesuai dengan Directors and Commissioners, and 7 joint meetings of
ketentuan Peraturan Otoritas Jasa Keuangan the Board of Commissioners and Board of Directors
No. 33/POJK.04/2014 tentang Direksi dan Dewan following the provisions of OJK Regulation No. 33/
Komisaris Emiten atau Perusahaan Publik; POJK.04/2014 on the Board of Directors and Board of
Commissioners of Issuers or Public Companies;
3. Menyusun kunjungan Direksi ke site di setiap Entitas Anak 3. ArrangedBoard of Directors visits to the site in each
selama satu tahun dengan tujuan agar lebih memahami Subsidiary for one year to better understand operational
isu-isu operasional yang terjadi di setiap site; issues that occurred at each site;
4. Mengikuti perkembangan peraturan pasar modal dan 4. Observed the development of capital market regulations
memastikan kepatuhan Perseroan terhadap peraturan and ensured the Company's compliance with applicable
yang berlaku. Perseroan menerbitkan 4 Laporan Keuangan regulations. The Company Issued 4 Financial Reports
dan 1 Laporan Tahunan di sepanjang tahun 2020; and 1 Annual Report throughout 2020;

5. Meningkatkan kompetensinya melalui kepesertaan 5. Reinforced its competence through participation in

dalam beberapa pelatihan. Pelatihan dapat dilihat several trainings. Detailed information ontraining in
pada Profil Perusahaan bagian Pendidikan dan/atau questionis available in theCompany Profile under the
pelatihan Dewan Komisaris, Direksi, Komite-komite, section of Education and/or Training of the Board of
Sekretaris Perusahaan, dan Unit Audit Internal dalam Commissioners, Directors, Committees, Corporate
Laporan Tahunan ini; Secretary, and Internal Audit Unit in this Annual Report;
6. Melaksanakan korespondensi dengan regulator 6. Carried out correspondence activities with the capital
pasar modal (Otoritas Jasa Keuangan dan Bursa Efek market regulators (OJK and IDX) and other supporting
Indonesia) maupun lembaga-lembaga penunjang institutions. Correspondence was conducted 51 times
lainnya. Korespondensi yang dilakukan sebanyak throughout 2020.
51 kali sepanjang 2020;
7. Menyampaikan keterbukaan informasi mengenai 7. Submitted information disclosure on the Company via
Perusahaan, antara lain dalam bentuk siaran pers, press releases, catalogs, and websites. A total of 51
senarai, dan situs web. Siaran pers yang dikeluarkan press releases were issued in 2020;
sebanyak 51 kali;
8. Mengoordinasikan penyelenggaraan RUPS Tahunan 8. Coordinated the Annual General Meeting of Shareholders
pada 18 Juni 2020; on 18 June 2020;
9. Mengoordinasikan pelaksanaan paparan publik 9. Coordinated the implementation of an annual public
tahunan bersamaan dengan pelaksanaan RUPS exposeconcurrent with Annual General Meeting of
Tahunan tanggal 18 Juni 2020; dan Shareholders on 18 June 2020; and
10. Menyusun Program Kerja Sekretaris Perusahaan tahun 10. Prepared the Corporate Secretary’s 2021 Work
2021. Programs.
Program peningkatan kompetensi yang diikuti seluruh The competence development program that was attended
karyawan di Divisi Corporate Secretary sepanjang tahun by all employees in the Corporate Secretary Division
2020 disajikan dalam tabel berikut. throughout 2020 is presented in the following table.
Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Material
Rindra Donovan Corporate Secretary/ Workshop Branding ABM Group Makki Makki Jakarta, 8 Januari 2020
Head of Corporate Jakarta, 8 January 2020
Affair
Pathways to Sustainability: Global Reporting Jakarta, 4 Maret 2020
Making Business More Attractive Initiative Jakarta, 4 March 2020
Evaluasi Kinerja oleh Direksi Performance Evaluation by the Board

of Directors
Kinerja Sekretaris Perusahaan senantiasa dievaluasi The Corporate Secretary’s performance is evaluated by the
oleh Direktur Utama, minimal 1 kali dalam setahun. Hasil President Director, at least once in a year. The Corporate
evaluasi kinerja Sekretaris Perusahaan tahun 2020 Secretary’s performance evaluation result for 2020 showed
menunjukkan: that:
1. Seluruh program Sekretaris Perusahaan tahun 2020 1. All programs of the Corporate Secretary for 2020 as approved
yang disetujui oleh Direksi telah terlaksana; dan by the Board of Directors had been implemented; and
2. Tidak terdapat ketidakpatuhan terhadap pengungkapan 2. There was no non-compliance with the information
informasi berdasarkan peraturan pasar modal. disclosure regulations of the capital market.

Hubungan Investor
Investor Relations
Hubungan Investor merupakan fungsi pendukung Direksi Investor Relations supports the Board of Directors by
yang menjadi penghubung antara Perseroan dengan connecting the Company with its investors. The Investor
investor. Hubungan Investor memiliki tanggung jawab Relations is responsible for managing information
untuk mengelola informasi yang terbuka untuk membantu disclosure aimed at supporting investors in making their
investor dalam mengambil keputusan berinvestasi. investment decisions.
Tugas dan Fungsi Hubungan Investor Duties and Functions of Investor

Relations
Tugas dan fungsi Hubungan Investor ABM, yaitu: Duties and Functions of Investor Relations at ABM are:
1. Memberikan layanan informasi dan mengembangkan 1. Providing information-related services and
hubungan yang baik antara Perseroan dengan para developing strong relations between the Company
pihak yang berkepentingan terhadap investasi saham, and its Stakeholders regarding investments in
terutama para Pemegang Saham, analis efek, manajer shares, especially with Shareholders, stock analysts,
investasi, broker institusi, ritel, dan media/pers; investment managers, institution brokers, retails, and
media/press;
2. Mewakili Perseroan dalam menjalin hubungan dengan 2. Representing the Company in its relations with the
para Pemegang Saham, calon Pemegang Saham, dan Shareholders, potential Shareholders, and other
pemangku kepentingan lain di kalangan investor; serta stakeholders among investors; and
3. Menciptakan jalur komunikasi yang konsisten dan 3. Fostering a consistent communication channel and
membangun hubungan yang baik dengan investor dan building fruitful relations with investors and potential
calon investor. investors.
Sepanjang tahun 2020, fungsi Hubungan Investor telah In 2020, the Investor Relations function carried out the
melaksanakan kegiatan-kegiatan berikut. following activities.
1. Melaksanakan komunikasi dua arah menggunakan 1. Implementing a two-way communication system using
berbagai sarana komunikasi, seperti presentasi various means of communication, such as Company
Perseroan, Laporan Tahunan, situs web, siaran pers, presentations, Annual Reports, websites, press releases
dan email; and e-mails;
2. Melaksanakan paparan publik tahunan Perseroan pada 2. Carrying out the Company's annual public expose on
tanggal 18 Juni 2020 yang dilakukan bersama dengan 18 June 2020, conducted together with the Corporate
Sekretaris Perusahaan; dan Secretary; and
3. Mengikuti konferensi investor, one-on-one meeting, 3. Attending investor conferences, one-on-one meetings,
dan conference call dengan para investor. and conference calls with investors.
Rincian aktivitas yang dilakukan Hubungan Investor Details of Corporate Investor Relations’ activities in 2020
Perseroan selama tahun 2020 diungkapkan sebagai are as follows.
berikut.

Kegiatan Frekuensi
Activity Frequency
Paparan Publik / Public Expose 1 kali / 1 time
Publikasi Presentasi Perseroan / Publication of Company Presentation 4 kali / 4 times
Publikasi News Release / Publication of News Release 2 kali / 2 times
One-on-One Call 66 kali / 66 times
Konferensi Investor (Virtual) / Investor Conference (Virtual) 5 kali / 5 times
Bentuk-bentuk komunikasi antara Perseroan dengan Forms of communications between the Company and
investor diatur dalam Kebijakan Komunikasi dengan investors are stipulated in the Policy on Communication with
Pemegang Saham/Investor. Informasi terkait hal tersebut Shareholders/ Investors. Related information is available
dapat dilihat pada situs web ABM pada bagian Komitmen on ABM’s website at Our Commitment > Governance >
Kami > Tata Kelola > Kebijakan ABM. Shareholder Information > ABM Policies.
Unit Audit Internal

Internal Audit Unit
Unit Audit Internal merupakan organ pendukung Direksi The Internal Audit Unit supports the Board of Directors
yang melaksanakan kegiatan assurance dan konsultasi by performing independent and objective assurance and
yang bersifat independen dan objektif. Pembentukan consultancy activities. This unit is established to support
unit kerja ini diharapkan dapat membantu Perseroan the Company in increasing its value and improving its
dalam meningkatkan nilai dan memperbaiki operasional operations, through a systematic approach by evaluating
perusahaan, melalui pendekatan yang sistematis dengan and increasing the effectiveness of risk management,
cara mengevaluasi dan meningkatkan efektivitas control, and GCG processes.
manajemen risiko, pengendalian, dan proses GCG.
Perseroan telah memiliki Piagam Audit Internal yang The Company maintains an Internal Audit Charter
telah disahkan berdasarkan Surat Keputusan Direksi stipulated in the Board of Directors Decree
No. 002/ABM-RES-DIR/II/2016 tanggal 29 Februari No. 002/ABM-RES-DIR/II/2016 dated 29 February 2016,
2016, menyesuaikan Peraturan Otoritas Jasa Keuangan made in accordance with Financial Services Authority
No. 56/POJK.04/2015 tentang Pembentukan dan Pedoman Regulation No. 56/POJK.04/2015 on Establishment and
Penyusunan Piagam Audit Internal. Piagam ini dijadikan Guideline for the Internal Audit Charter. This charter serves
pedoman dan petunjuk kerja bagi Unit Audit Internal agar as a guideline and provides instructions for the Internal
fungsi dan peran dapat dilaksanakan secara efektif. Isi Audit Unit in order to ensure effectiveness of its functions
piagam tersebut terdiri dari: and roles. The contents of the charter include:
1. Pendahuluan; 1. Opening;
2. Visi, Misi, dan Struktur Organisasi; 2. Vision, Mission, and Organization Structure;
3. Fungsi, Tugas dan Tanggung Jawab, serta Wewenang; 3. Function, Duty and Responsibility, as well as Authority;
4. Ruang Lingkup Audit; 4. Audit Scope;
5. Standar Audit; 5. Audit Standard;
6. Kode Etik; serta 6. Code of Conduct; and
7. Evaluasi Pengesahan dan Penyempurnaan. 7. Evaluation, Ratification, and Improvement.

Piagam Unit Audit Internal tersedia di situs web The Internal Audit Charter is available on the Company’s
bagian Komitmen Kami > Tata Kelola > Audit Internal website underthe section of Our Commitment >
(https://abm-investama.com/upload/Internal-Audit Good Corporate Governance > Internal Audit section
Charter_Rev_2016_indonesia.pdf). (https://abm-investama.com/upload/Internal-Audit
Charter_Rev_2016_indonesia.pdf).
Pihak yang Mengangkat dan Party Appointing and Dismissing the

Memberhentikan Kepala Unit Audit Internal Audit Unit Head
Internal
Unit Audit Internal dipimpin oleh Head of Group Internal The Internal Audit Unit is led by a Head of Group Internal
Audit. Pengangkatan dan pemberhentiannya dilakukan Audit. Its appointment and dismissal are performed by the
oleh Direktur Utama atas persetujuan Dewan Komisaris President Director based on the Board of Commissioners’
dengan mengacu pada Peraturan Otoritas Jasa Keuangan approval referring to OJK Regulation No. 56/POJK.04/2015
No. 56/ POJK.04/2015 tentang Pembentukan dan Pedoman on Establishment and Guideline for Internal Audit Charter.
Penyusunan Piagam Unit Audit Internal.
Kepala Unit Audit Internal Internal Audit Unit Head
Head of Group Internal Audit dijabat oleh Budi Triastomo The Head of Group Internal Audit was held by Budi Triastomo,
berdasarkan Surat Keputusan Direksi No. 008/ABM-RES- based on the Board of Directors Decree No. 008/ABM-RES-
DIRUT/V/2015 tanggal 13 Mei 2015 dengan masa jabatan DIRUT/V/2015 dated 13 May 2015, with the term of office valid
yang akan berakhir sesuai dengan hasil evaluasi Direksi. until decided otherwise upon the Board of Directors’ evaluation.
Informasi terkait Head of Group Internal Audit disajikan Information on the Head of Group Internal Audit is presented in
pada bab Profil Perusahaan dalam Laporan Tahunan ini. the Company Profile chapter in this Annual Report.
Keorganisasian Unit Audit Internal Internal Audit Unit Organization
Kedudukan Unit Audit Internal berada di bawah Direktur The internal audit unit is supervised by the President
Utama. Saat ini, pelaksanaan tugas Unit Audit Internal Director. Currently, the Internal Audit Unit are assisted by
dibantu oleh Financial & Operational Audit Manager, Special a Financial & Operational Audit Manager, a Special Project
Project Audit Manager, dan Internal Audit Specialist. Audit Manager, and an Internal Audit Specialist.
Head of Group Internal Audit
Special Audit Manager Financial & Operational Audit Manager
IA Specialist IA Specialist IA Specialist IA Specialist
Jumlah karyawan Unit Audit Internal Perseroan per The Company’s Internal Audit Unit staff as of 31 December
31 Desember 2020 diungkapkan pada tabel berikut. 2020 are presented in the following table.

Jabatan Jumlah Karyawan (orang)

Position Total Employee (people)
Head of Group Internal Audit 1
Financial and Operational Audit Manager 1
Special Project Audit Manager 1
Internal Audit Specialist 4
Total 7
Sertifikasi Profesi Audit Internal Internal Audit Professional

Certifications
Sertifikasi profesi yang dimiliki karyawan Unit Audit The professional certifications possessed by the Internal
Internal per 31 Desember 2020 disajikan pada tabel berikut. Audit Unit staff as at 31 December 2020 are presented in
Sertifikasi Profesi Jumlah Karyawan (orang)

Profesional Certification Total Employee (people)
Certified Risk Management Professional (CRMP) 1
Enterprise Risk Management Certified Professional (ERMCP) 1
Keanggotaan dari Institute of Internal Auditor (IIA International)
4
Member of Institute of Internal Auditor (IIA International)
Keanggotaan dari Association of Certified Fraud Examiner (ACFE International)
1
Member of Association of Certified Fraud Examiner (ACFE International)
Jumlah karyawan Unit Audit Internal yang memiliki The number of Internal Audit Unit staff in possession of
sertifikasi profesi sebanyak 2 orang atau 33% dari jumlah professional certifications was 2 or 33% of the total Internal
keseluruhan karyawan Unit Audit Internal. Perseroan Audit Unit staff. The Company is committed to increasing
berkomitmen untuk meningkatkan level sertifikasi profesi the level of professional certification for Internal Audit
bagi karyawan Unit Audit Internal, baik bagi karyawan Unit employees, both for employees who already have
yang telah memiliki sertifikasi profesi maupun yang belum professional certification or those who do not yet have.
memiliki.
Tugas dan tanggung jawab Unit Audit Internal Perseroan Duties and responsibilities of the Company’s Internal Audit
yaitu: Unit are:
1. Menyusun dan melaksanakan rencana audit internal 1. Developing and implementing an annual internal audit
tahunan; plan;
2. Menguji dan mengevaluasi pelaksanaan pengendalian 2. Testing and evaluating implementation of internal
internal dan sistem manajemen risiko sesuai dengan controls and risk management systems in accordance
kebijakan Perseroan atau Entitas Anak; with the Company or Subsidiaries policies;
3. Melakukan pemeriksaan dan penilaian atas efisiensi 3. Conducting examinations and assessments for
dan efektivitas di bidang keuangan, akuntansi, efficiency and effectiveness in finance, accounting,
operasional, sumber daya manusia, pemasaran, operations, human resources, marketing, information
teknologi informasi, dan kegiatan lainnya; technology, and other activities;
4. Memberikan saran perbaikan dan informasi yang 4. Providing suggestions for objective improvements
objektif tentang kegiatan yang diperiksa pada semua and information on activities examined at all levels of
tingkat manajemen; management;

5. Membuat laporan hasil audit dan menyampaikan 5. Producing audit reports and submitting the reports to
laporan tersebut kepada Direktur Utama dan Dewan the President Director and the Board of Commissioners,
Komisaris, bila diperlukan hasil audit dan laporan and if necessary audit results and reports are submitted
disampaikan kepada Direksi; to the Board of Directors;
6. Memantau, menganalisis, dan melaporkan pelaksanaan 6. Monitoring, analyzing and reporting on implementation
tindak lanjut perbaikan yang telah disarankan; of suggested improvements;
7. Bekerja sama dengan Komite Audit; 7. Working with the Audit Committee;
8. Menyusun program untuk mengevaluasi mutu kegiatan 8. Developing a program to evaluate the quality of its
audit internal yang dilakukannya, termasuk integritas internal audit activities, including the integrity and
dan objektivitas para auditor; objectivity of auditors;
9. Melakukan pemeriksaan khusus apabila diperlukan 9. Conducting special inspections if required by the internal
atas usulan Auditor atau ditugaskan oleh Direksi; serta audit proposal or as assigned by the Board of Directors; and
10. Menjaga dan merawat aset Perseroan dan Entitas 10. Maintaining and caring the Company’s and
Anak selama melaksanakan kewenangannya selaku Subsidiaries’Assets while exercising their authority as
Unit Audit Internal. Internal Audit.
Informasi lebih lengkap terkait Unit Audit Internal dapat Complete information regarding internal audit unit can be
diakses di situs web Perseroan pada bagian Komitmen accessed in the Company’s website under the section of Our
Kami > Tata Kelola > Audit Internal. Commitment > Good Corporate Governance > Internal Audit.
Ruang Lingkup Audit Audit Scope
Ruang lingkup pelaksanaan tugas Unit Audit Internal The scope of the implementation of the duties of the
diuraikan sebagai berikut. Internal Audit Unit is described as follows.
Lingkup Pengendalian Internal Scope of Internal Control

1. Memastikan bahwa informasi ataupun data yang 1. Ensuring that information or data that is managed and
dikelola dan dilaporkan memenuhi kriteria akurat, reported meets accurate, reliable, timely, consistent,
andal, tepat waktu, konsisten, dan bermanfaat; and useful criteria;
2. Memastikan bahwa pengamanan dan pemanfaatan 2. Ensuring that the security and use of the Company’s or
aset Perseroan atau Entitas Anak berjalan Subsidiary’s assets is working correctly;
sebagaimana mestinya;
3. Memastikan bahwa sumber daya Perseroan dikelola 3. Ensuring the Company’s use of resources is managed
secara efisien dan efektif; efficiently and effectively;
4. Memastikan bahwa semua elemen Perseroan atau 4. Ensuring all elements of the Company or Subsidiaries
Entitas Anak taat terhadap kebijakan, prosedur, are in compliance with applicable policies, procedures,
peraturan, dan perundang-undangan yang berlaku; rules and regulations;
5. Membantu memastikan pencapaian target Perseroan 5. Assisting in ensuring the achievement of the Company’s
atau Entitas Anak sesuai dengan rencana; or Subsidiaries’ targets in accordance with the plan;
6. Melakukan audit, evaluasi, dan konsultasi tentang 6. Conducting audits, evaluations and consultations on
kemampuan, efektivitas, ketaatan, dan kualitas the capabilities, effectiveness, sincerity and quality of
pelaksanaan tugas manajemen operasi termasuk dan the implementation of operations management tasks,
tidak terbatas pada pelaksanaan tugas pengadaan, including and not limited to procurement, purchasing,
pembelian, keuangan, dan pengelolaan risiko; financial and risk management tasks;
7. Memberikan jaminan (assurance) terhadap keandalan 7. Assuring the reliability of the data includes adequate
data mencakup kelengkapan, akurasi, klasifikasi, dan completeness, accuracy, classification and
otorisasi yang memadai sehingga laporan keuangan authorization so that the resulting financial statements
yang dihasilkan tepat waktu, tepat guna, dan bebas are timely, appropriate and free from material
dari salah saji material; dan misstatements; and

8. Efektivitas pelaksanaan audit dilaksanakan 8. The effectiveness of audit implementation is conducted

berdasarkan audit berbasis risiko, di mana pemilihan based on a Risk-Based Audit where audit object
objek audit (auditee) dilakukan dengan tahapan selection (auditee) is conducted in risk assessment
perilaku risiko (risk assessment) pada Perseroan atau stages in the Company and the Subsidiary.
Entitas Anak.
Lingkup Corporate Governance Competency Improvement Program

Melaksanakan pengawasan terhadap proses dan Supervising the process and implementation of GCG in the
implementasi GCG di Perseroan dan Entitas Anak dengan Company and Subsidiaries;
cara:
1. Memastikan bahwa semua business process dalam 1. Ensuring that all business processes within the
Perseroan dan Entitas Anak memenuhi aspek Company and Subsidiaries meet accountability and
akuntabilitas dan mendeteksi risiko bisnis dengan risk aspects of the business by evaluating activities
melakukan evaluasi atas aktivitas-aktivitas yang affecting the business decisions of the Company or its
memengaruhi keputusan bisnis Perseroan dan Entitas Subsidiaries;
Anak;
2. Memastikan bahwa jajaran manajemen telah 2. Ensuring that the management has determined the
menetapkan nilai dan sasaran Perseroan atau Entitas values and objectives of the Company or Subsidiaries
Anak dan mengomunikasikannya dengan stakeholders; and communicates them with Stakeholders;
3. Memantau kepatuhan terhadap kebijakan pendukung 3. Monitoring compliance with the Company and
penerapan GCG (soft structure GCG) di Perseroan dan Subsidiary’s GCG (soft structure GCGC) support policies;
Entitas Anak;
4. Memantau kepatuhan (compliance) terhadap peraturan 4. Monitoring compliance with other laws and regulations
perundang-undangan maupun peraturan lain yang applicable to the Company or its Subsidiaries;
berlaku bagi Perseroan dan Entitas Anak;
5. Meninjau praktik GCG di Perseroan atau Entitas Anak 5. Reviewing the GCG practices in the Company or
dan memberikan laporan bila terdapat penyimpangan Subsidiaries and providing reports of serious deviations;
yang serius; dan and
6. Mendeteksi adanya suatu kesalahan/penyimpangan 6. Detecting any errors/deviations indicating fraud.
yang berindikasi ke arah kecurangan (fraud).
Sepanjang tahun 2020, Unit Audit Internal telah In 2020, the internal audit unit performed general audit
melaksanakan audit umum berdasarkan rencana kerja based on annual audit work plan and ad-hoc audit based on
audit tahunan dan audit khusus (ad-hoc) berdasarkan discussion result or request from ABM management. The
hasil pembahasan atau permintaan dari Manajemen ABM. audits are described as follows.
Pelaksanaan audit tersebut dijelaskan sebagai berikut.
1. Audit operasional, finansial, dan kepatuhan dengan 1. Operational, financial, and compliance audits with a
total 43 aktivitas audit terhadap: total of 43 audit activities on:
a. Kepatuhan atas standar dan prosedur (8 proyek); a. Compliance with standards and procedures (8
projects);
b. Aktivitas operasi (9 proyek); b. Operational activities (9 projects);
c. Aktivitas pengadaan dan rantai pasokan (2 proyek); c. Procurement and Supply Chain processes (2
projects);
d. Aktivitas surveyor (2 proyek); d. Surveyor activities (2 projects);
e. Aktivitas pengelolaan fuel (persediaan bahan e. Fuel management activities (2 projects);
bakar) (2 proyek);
f. Aktivitas manajemen rantai batubara (coal chain) f. Coal chainmanagement activities (5 projects);
(5 proyek);

g. Aktivitas kesehatan dan keselamatan kerja serta g. Occupational and Environmental Health and Safety
lingkungan (3 proyek); activities (3 projects);
h. Implementasi kontrak dengan klien (2 proyek); h. Implementation of contracts with clients (2 projects);
i. Pengelolaan aset (2 proyek); i. Asset management activities (2 projects);
j. Aktivitas pengelolaan asuransi (1 proyek); j. Insurance management (1 project);
k. Struktur biaya penjualan (COS) (1 proyek); k. Cost of sales structure (COS) (1 project);
l. Audit atas kegiatan tanggung jawab sosial l. Audit of corporate social responsibility (1 project);
perusahaan (1 proyek);
m. Kegiatan pemberdayaan masyarakat (1 proyek); m. Community empowerment (1 project);
n. Manajemen armada truk (fleet) (1 proyek); n. Truck fleet management (1 project);
o. Aktivitas inspeksi aset (1 proyek); o. Asset inspection (1 project);
p. Aktivitas pembebasan lahan (1 proyek); dan p. Land acquisition (1 project); and
q. Aktivitas subkontraktor (1 proyek); q. Subcontractor activities (1 project);
2. Audit tujuan tertentu/investigative audit 2. Special Audit/investigative audit

Sebanyak 17 kegiatan audit dengan tujuan tertentu A total of 17 special audits were carried out throughout
yang dilaksanakan sepanjang tahun 2020. Kegiatan 2020 to establish facts related to the alleged violations
audit ini bertujuan untuk mengungkap dugaan or fraudthat occurred in operational activities within
pelanggaran atau kecurangan yang terjadi dalam the ABM Group and all audit results had been followed
aktivitas operasional di lingkungan Grup ABM dan up adequately by management.
keseluruhan hasil dari proses audit tersebut telah
ditindaklanjuti oleh manajemen dengan baik.
Berkaitan dengan audit, Perseroan telah melaksanakan Related with the audit, the Company implemented
kegiatan bersifat preventif di tahun 2020, sebagaimana preventive activities in 2020, as follows.
dijelaskan berikut.
1. Kegiatan penilaian atas pengendalian internal secara 1. Conducted the control self-assessment (CSA). This
mandiri (control self-assessment/CSA). Kegiatan ini activity is aimed at providing a guideline for preparing a
ditujukan untuk memberikan panduan dalam membangun plan and implementing excellent internal control in the
rancangan dan mengimplementasikan internal kontrol ABM group environment. This activity also serves as a
yang baik di lingkungan Grup ABM. Kegiatan ini juga tool for performing self-assessment on internal control
menjadi media atau alat untuk melakukan penilaian effectiveness, including potential risks to the Company.
secara mandiri atas efektivitas pengendalian internal, Unlike in the previous year, the implementation of CSA in
termasuk dari sisi risiko pada perusahaan. Berbeda 2020 was carried out through a web-based application
dengan tahun sebelumnya, pelaksanaan CSA tahun 2020 called CSA Online. The utilization of CSA Online
dilaksanakan dengan menggunakan aplikasi berbasis facilitates the implementation of internal controls that
web yang diberi nama CSA Online. Penggunaan CSA are no longer done manually.
Online memudahkan pelaksanaan pengendalian internal
yang tidak lagi dilakukan secara manual.
Kegiatan tersebut telah berhasil dilaksanakan pada These activities had been carried outsuccessfully in
5 Entitas Anak ABM dengan rincian sebagai berikut. 5 of ABM's subsidiaries with the following details.

Perusahaan Penanggung Jawab Tanggal Selesai % Reviewed

Status
Company Person In Charge Completion Date (FY 2020)
PT Sanggar Sarana Afriman Djafri 30 November 2020 CSA Result & Summary 100,00
Baja 30 November 2020 Has Been Submitted
PT Cipta Kridatama Bernado Agustono Mochtar CSA Result & Summary 100,00
Has Been Submitted
PT Cipta Krida Bahari Rini Hervina CSA Result & Summary 100,00
Has Been Submitted
PT MIFA Bersaudara • Financial & Treasury 2 Desember 2020 CSA Result & Summary 100,00
M Zulkarnain / Ari Rahmat 2 December 2020 Has Been Submitted
• Financial Statement Closing
Process
M Zulkarnain / Andri
Pebriawan
• Procurement & Purchasing
Heri Basuki / Andri Pebriawan
• Assets Management
M Zulkarnain / Heri Basuki /
Andri Pebriawan
• Invetory Management
Heri Basuki
• Human Capital
Lisa Andayan
PT Tunas Inti Abadi Budi Patria 30 November 2020 CSA Result & Summary 100,00
30 November 2020 Has Been Submitted
2. Kegiatan untuk membangun kesadaran akan risiko 2. Conducted activities to build awareness of potential
terjadinya penyalahgunaan dan penggelapan dalam risks of abuse and fraud awareness in the Company
perusahaan (fraud awareness) dalam bentuk sosialisasi through the dissemination of fraud prevention and GCG.
pencegahan fraud dan sosialisasi GCG.
Seiring dengan terbatasnya mobilitas kerja akibat In line with the movement restrictions due to the Covid-19
pandemi Covid-19, kegiatan sosialisasi pencegahan pandemic, the dissemination of fraud prevention and
fraud dan sosialisasi GCG tahun 2020 yang GCG activities in 2020 were directly carried out twice and
dilaksanakan secara langsung hanya sebanyak 2 kali took place before the enactment of Large-Scale Social
sebelum diberlakukannya pembatasan sosial skala Restrictions (PSBB). Furthermore, the dissemination
besar. Selanjutnya, sosialisasi dilakukan melalui media was carried out 3 times via internal e-mail and through 1
komunikasi internal (e-mail) sebanyak 3 kali dan 1 kali campaign in ABM's internal magazine.
kampanye melalui majalah internal ABM.
Adapun rincian sosialisasi yang dilakukan secara The details of the direct dissemination are disclosed as
langsung diungkapkan sebagai berikut. follows.
Jumlah Peserta
Perusahaan Tanggal Kegiatan Tempat Penyelenggara
Number of
Company Date Event Venue Facilitator
Participant
PT Cipta Krida Bahari 16 January Sosialisasi karyawan Shell Ruang Meeting Hery H 24
2020 LOBP Marunda CKB Cakung
Dissemination to Shell CKB Cakung
LOBP Marunda employees Meeting Room
PT Cipta Krida Bahari 17 January Sosialisasi karyawan Shell Ruang Meeting Hery H 20
2020 LOBP Marunda CKB Cakung
MarundaDissemination CKB Cakung
to Shell LOBP Marunda Meeting Room
employees

Selain melaksanakan aktivitas audit, di tahun 2020 Unit Apart from carrying out its audit activities, the Internal Audit
Audit Internal juga telah mengembangkan Internal Audit Unit has also developed the Internal Audit Management
Management System (IAMS). Sistem terbagi tersebut System (IAMS) in 2020. The system is divided into 2 parts,
terbagi menjadi 2 bagian, yaitu: namely:
1. Internal 1. Internal
Sistem yang digunakan oleh anggota audit internal The internal IAMS system is used by members of the
Perseroan dan pengawasnya, seperti Direksi dan Company's internal audit and supervisors such as
Komite Audit. Sistem berbasis web ini mencakup the Board of Directors and the Audit Committee. This
sistem kerja Unit Audit Internal dari awal sampai akhir web-based system includes the Internal Audit Unit
proses audit serta langkah pemantauannya; dan work system from the beginning to the end of the audit
process and the monitoring steps; and
2. Eksternal 2. External
Berupa Group of Internal Audit (GIA) Corner yang The External IAMS system is presented through the
dapat diakses oleh seluruh karyawan ABM. Sistem ini Group of Internal Audit (GIA) Corner which can be
dibentuk dalam rangka meningkatkan pengetahuan accessed by all ABM employees. This system is designed
karyawan terkait audit internal kontrol, fraud to increase employee knowledge related to internal
awareness, dan risiko atas internal kontrol yang tidak audit controls, fraud awareness, and risks of poorly
diimplementasikan dengan baik. implemented internal controls.
Program Peningkatan Kompetensi Competence Development Programs
Program peningkatan kompetensi yang diikuti karyawan Unit Competence development programs participated by the
Audit Internal di tahun 2020 disajikan dalam tabel berikut. Internal Audit Unit staff in 2020 are presented below.
Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Budi Triastomo Head of Group Penerapan Sistem Mitra Bhadra Consulting Jakarta, 20 Juli 2020
Internal Audit (GIA) Manajemen Anti Penyuapan Jakarta, 20 July 2020
SNI ISO 3700
Risk Beyond International Enterprise Risk Jakarta, 7-10 Desember

Conference on ERM 2020 Management Academy 2020
(ERMA) Jakarta, 7-10 December
2020
Fadlan Suryadi Internal Audit Agile Auditing: Kemitraan Ikatan Komite Audit Online, 22 Juni 2020
Manager Komite Audit dengan Auditor Indonesia (IKAI) dan Online, 22 June 2020
Internal dalam Merespons Institute of Internal
Disrupsi Auditors (IIA Indonesia)
Contractor Safety Ajisaka Nusa Online, 27 Juni 2020

Management System (CSMS) Online, 27 June 2020
Integrated Management Ajisaka Nusa Online, 27 Juni 2020

System – QHSE; ISO 9001, Online, 27 June 2020
14001, dan 45001

Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
ISO 45001: 2018 Internal Ajisaka Nusa Online, 10 Juli 2020

Audit - Occupational Health Online, 10 July 2020
and Safety Management
System
Building Resiliency with Dunamis Consulting Online, 28 Agustus 2020

Agile Mindset Online, 28 August 2020
Advance Excellent Public Talk Inc Online, 23 September

Speaking 2020
Online, 23 September 2020
Model 3 Lini: Tantangan Institute of Internal Online, 29 September

dan Realitas Penerapan di Auditors (IIA Indonesia) 2020
Indonesia Online, 29 September 2020
Rahmad Hidayat Internal Audit Agile Auditing: Kemitraan Ikatan Komite Audit Online, 22 Juni 2020
Sinaga Specialist Komite Audit dengan Auditor Indonesia (IKAI) dan Online, 22 June 2020

Integrated Management Ajisaka Nusa Yogyakarta, 27 Juni 2020

System – QHSE; ISO 9001, Yogyakarta, 27 June 2020
14001, dan 45001
From Data to Insight: Institute of Internal Online, 13 Juli 2020

Sharing Experience Auditors (IIA Indonesia) Online, 13 July 2020
Generating From Data
Analytics and Visual
Storytelling
Building Resiliency With Dunamis Consulting Online, 28 Agustus 2020


Speaking 2020
IIA’s Artificial Intelligence Institute of Internal Online, 12 Oktober 2020

Auditing Framework Auditors (IIA Indonesia) Online, 12 October 2020
Building Business Acumen Dunamis Consulting Online, 21 Oktober 2020

Converting Idea to Value Insan Performa Consulting Jakarta, 22 Desember

2020 (Webinar)
Jakarta, 22 December
2020 (Webinars)

Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Reza Fadzrian Internal Audit Diskusi Panel IIA Indonesia Institute of Internal Online, 22 Juni 2020
Specialist dan IKAI Auditors (IIA Indonesia) Online, 22 June 2020


14001, dan 45001


Speaking 2020

The Role of Internal Auditor Institute of Internal Online, 20 November 2020

in Building Business Auditors (IIA Indonesia) Online, 20 November 2020
Resilience
RBIA Challenge & Institute of Internal Online, 23 September

Cybersecurity Risk Auditors (IIA Indonesia) 2020
Assurance Online, 23 September 2020
Musthika Cahyo Internal Audit Quality Management SGS Indonesia Jakarta, 4-6 Maret 2020
Specialist System ISO 9001:2015 - (In-Class Training)
Interpretation, Internal Audit Jakarta, 4-6 March 2020
& Documented Information (In-Class Training)
Agile Auditing: Kemitraan Ikatan Komite Audit Online, 22 Juni 2020

Komite Audit dengan Auditor Indonesia (IKAI) dan Online, 22 June 2020


14001, dan 45001
From Data to Insight: Institute of Internal Online, 13 Juli 2020

Sharing Experience Auditors (IIA Indonesia) Online, 13 July 2020
Generating From Data
Analytics and Visual
Storytelling

Advance Excellent Public Talk Inc. Online, 23 September

Speaking 2020

Materi Pengembangan
Tempat dan Waktu
Pelaksanaan
Time and Venue
Model 3 Lini: Tantangan Institute of Internal Online, 29 September

dan Realitas Penerapan di Auditors (IIA Indonesia) 2020
Indonesia Online, 29 September 2020
IIA’s Artificial Intelligence Institute of Internal Online, 12 Oktober 2020

Auditing Framework Auditors (IIA Indonesia) Online, 12 October 2020

Converting Idea to Value Insan Performa Consulting Online, 22 December 2020

Jakarta, 22 December
2020
Julius Heryanto Internal Audit Teknik Pendeteksian Lembaga Pengembangan Jakarta, 13 Mei 2020
Specialist Kebohongan Part 1 Fraud Auditing (LPFA) Online, 13 May 2020
Forensic Accounting and Lembaga Pengembangan Jakarta, 15 Mei 2020

Investigative Audit Fraud Auditing (LPFA) Online, 15 May 2020
Agile Auditing: Kemitraan Ikatan Komite Audit Online, 22 Juni 2020

Komite Audit dengan Auditor Indonesia (IKAI) dan Online, 22 June 2020
Evaluasi Kinerja Performance evaluation
Evaluasi kinerja Unit Audit Internal dilaksanakan The performance evaluation of the Internal Audit Unit is
secara mandiri (self-assessment) setiap 3 bulan sekali, carried out through self-assessment every 3 months with
dengan kontrol dan monitoring dari Komite Audit dan control and monitoring from the Audit Committee and the
Direktur Utama Perseroan. Evaluasi dilakukan dengan President Director of the Company. Evaluation is carried
membandingkan kesesuaian antara rencana dengan out by comparing the suitability between the plan and the
pelaksanaan audit, termasuk terkait penanganan implementation of the audit, including the handling of
pelaporan pelanggaran. reported violations.
Akuntan Publik
Public Accountant
Akuntan publik merupakan organ eksternal yang Public accountant is an external party supporting the
membantu Perseroan dalam melakukan pemeriksaan Company in evaluating or auditing the Annual Report in
atau mengaudit Laporan Keuangan agar sesuai dengan accordance with the Indonesian Financial Accounting
Standar Akuntansi Keuangan yang berlaku di Indonesia. Standards. The appointment of a public accountant is
Penunjukan akuntan publik ini diharapkan dapat expected to help ABM provide accountable, independent,
mendorong ABM untuk memberikan informasi dan data and fair information and data to Shareholders, regulator, as
yang akuntabel, independen, dan wajar kepada Pemegang well as other stakeholders.
Saham, regulator, serta pemangku kepentingan lainnya.

Kepatuhan terhadap Standar Akuntansi Compliance with Indonesian Financial

Keuangan Indonesia Accounting Standards
Perseroan memastikan Laporan Keuangan disusun The Company ensures that the Financial Statements are
dengan berpedoman pada peraturan yang berlaku di prepared in accordance with the applicable regulations in
Indonesia, yaitu: Indonesia, i.e.:
1. Standar Akuntansi Keuangan (SAK) yang ditetapkan 1. The Indonesian Financial Accounting Standards
oleh Ikatan Akuntan Indonesia (IAI); dan stipulated by Ikatan Akuntan Indonesia (IAI); and
2. Surat Keputusan Ketua Badan Pengawas Pasar 2. The Decree of the Head of Bapepam-LK No. KEP-347/
Modal Lembaga Keuangan (Bapepam-LK) No. KEP- BL/2012 on Guidelines for Presentation and Disclosure
347/BL/2012 tentang Pedoman Penyajian dan of Annual Report by Issuers or Public Companies.
Pengungkapan Laporan Keuangan Emiten atau
Perusahaan Publik.
Prosedur Audit Eksternal dan Standar External Audit Procedures and Audit
Audit Standards
Audit Laporan Keuangan Perseroan dilakukan sesuai The audit on the Company’s Financial Statemenst is
standar profesional akuntan publik, mencakup seluruh implemented in accordance with the public accountant’s
prosedur audit yang dianggap sesuai dengan keadaan professional standards, covering all audit procedures regarded
perusahaan. Audit yang dilakukan meliputi pengujian, compatible with the Company’s condition. The audit processes
pemeriksaan, dan evaluasi terhadap Laporan Keuangan, are testing, verifying, and evaluating the Financial Statements,
serta penilaian terhadap kesesuaian isi Laporan Keuangan as well as assessing the compliance of its contents with the
dengan standar akuntansi keuangan (PSAK). Indonesian Financial Accounting Standards.
Sebagai bagian dari proses audit, kantor akuntan publik As a part of the audit processes, the Public Accounting Firm
(KAP) melakukan sesi tanya jawab mengenai pernyataan (KAP) performs an interview to obtain the Management’s
Manajemen yang disampaikan dalam Laporan Keuangan. Statement to be presented in the Financial Statements.
Jika terjadi kekeliruan di dalam laporan tersebut, maka Should there be errors found in the Financial Statements,
KAP wajib menyampaikannya kepada manajemen. the KAP must convey them to the management. The
Manajemen juga bertanggung jawab untuk menyetujui Management is also responsible for approving the KAP’s
kertas kerja pemeriksa KAP terhadap Perseroan untuk audit worksheets to be reviewed by related institutions or
direviu oleh badan atau otoritas terkait. authorities.
Mekanisme Penunjukan Akuntan Publik Public Accountant Appointment

Mechanism
Penunjukan akuntan publik dilakukan dengan The public accountant appointment mechanism refers
mengacu pada Peraturan Otoritas Jasa Keuangan to OJK Regulation No. 13/POJK.03/2017 on Use of Public
No. 13/POJK.03/2017 tentang Penggunaan Jasa Akuntan Accountant and Public Accounting Firm Services in
Publik dan Kantor Akuntan Publik dalam Kegiatan Jasa Financial Services Activities. The public accountant is
Keuangan, yaitu dilakukan melalui RUPS Tahunan dengan appointed at the Annual General Meeting of Shareholders
mempertimbangkan rekomendasi Dewan Komisaris by taking into consideration the recommendations from the
dan Komite Audit. Kemudian, Perseroan menyampaikan Board of Commissioners and the Audit Committee. Then the
laporan mengenai penunjukan akuntan publik dan/atau Company conveys a report regarding the public accountant’s
kantor akuntan publik kepada Satuan Kerja Pengawasan di and/or the public accounting firm’s appointment to OJK’s
Otoritas Jasa Keuangan dengan melampirkan: Supervision Work Unit by attaching:
1. Dokumen penunjukan serta rekomendasi Komite 1. The appointment document and Audit Committee’s
Audit; dan recommendation; and

2. Hasil evaluasi Komite Audit terhadap pelaksanaan 2. The Audit Committee’s evaluation results on audit
proses audit yang dilakukan oleh akuntan publik dan/ process implemented by the public accountant and/or
atau kantor akuntan publik. the public accounting firm.
Akuntan Publik 2020 2020 Public Accountant
Berdasarkan RUPS Tahunan yang diselenggarakan Based on the Annual General Meeting of Shareholders held
18 Juni 2020, Perseroan menunjuk Kantor Akuntan on 18 June 2020, the Company appointed Purwantono
Publik Purwantono, Sungkoro & Surja untuk melakukan Sungkoro & Surja Public Accounting Firm to perform audit
pekerjaan audit Laporan Keuangan Tahun Buku 2020. on the 2020 Financial Statements of the Company. The
Pihak Manajemen menjamin KAP yang ditunjuk tidak Managament ensured that the appointed KAP had no
memiliki benturan kepentingan dengan ABM. conflict of interest with ABM.
Akuntan publik yang ditunjuk hanya melakukan kegiatan The appointed public accountant only performed general
audit umum atas Laporan Keuangan Konsolidasian audit on the 2020 Consolidated Financial Statements.
Perseroan tahun 2020. Laporan tersebut disajikan They have been presented accurately and fairly.
dengan akurat serta wajar. Posisi keuangan konsolidasian PT ABM Investama Tbk’s consolidated financial positions,
PT ABM Investama Tbk, kinerja keuangan, dan arus kas financial performance, and consolidated cash flows as at
konsolidasian yang berakhir per 31 Desember 2020 telah 31 December 2020 had been adjusted with the Indonesian
disesuaikan dengan Standar Akuntansi Indonesia. Financial Accounting Standards.
Daftar Akuntan Publik Periode List of Public Accountants in the Last

6 Tahun Terakhir 6 Years
Berdasarkan Pasal 16 Peraturan Otoritas Jasa Keuangan Based on Article 16 of OJK Regulation No. 13/POJK.03/2017
No. 13/POJK.03/2017 tentang Penggunaan Jasa Akuntan on Use of Public Accountant and Public Accounting Firm
Publik dan Kantor Akuntan Publik dalam Kegiatan Jasa Services in Financial Services Activities, audit activites on
Keuangan, pemberian jasa audit atas Laporan Keuangan the Financial Statements of an entity is to be performed by
dari suatu entitas dilakukan oleh akuntan publik paling the same public accountant for no more than a consecutive
lama untuk periode audit selama 3 tahun buku pelaporan 3-year period. Based on this regulation, the Company
secara berturut-turut. Atas dasar tersebut, Perseroan has compiled a list of public accounting firms, public
mengungkapkan daftar kantor akuntan publik, akuntan accountants, services given, and fees paid for auditing the
publik, jasa yang diberikan, dan biaya yang diberikan untuk Company’s Financial Statements for the last 6 years, in the
mengaudit Laporan Keuangan Perseroan selama 6 tahun following table.
terakhir dalam tabel berikut.
Tahun Buku Kantor Akuntan Publik Akuntan Publik Jasa Opini Biaya (Rp)
Fiscal Year Public Accounting Firm Public Accountant Service Opinion Fee (Rp)
Audit umum atas Laporan

Wajar tanpa
Keuangan Perseroan tahun buku
Purwantono, Sungkoro & pengecualian.
2020 Sinarta 2020. 600.000.000
Surja Fair without
Audit of Company Financial
exception.
Statements for fiscal year 2020.
Wajar tanpa
2019 Sinarta 2019. 450.000.000
Surja Fair without
exception.

Tahun Buku Kantor Akuntan Publik Akuntan Publik Jasa Opini Biaya (Rp)
Fiscal Year Public Accounting Firm Public Accountant Service Opinion Fee (Rp)

Wajar tanpa
2018 Peter Surja 2018. 430.000.000
Surja Fair without
exception.
Wajar tanpa
2017 Peter Surja 2017. 400.000.000
Surja Fair without
exception.
Wajar tanpa
2016 Sinarta 2016. 3.750.000.000
Surja Fair without
exception.
Wajar tanpa
2015 Sherly Jokom 2015. 450.000.000
Surja Fair without
exception.
Sistem Manajemen Risiko

Risk Management System
Sistem manajemen risiko dibentuk untuk meminimalisir The risk management system was established to minimize
dan mengelola terjadinya risiko dari suatu kejadian atau and mitigate the risks arising from events or activities
aktivitas yang dapat berdampak negatif bagi pencapaian that may result in a negative impact on the Company’s
perusahaan. Oleh karena itu, proses manajemen risiko achievements. Therefore, in ABM’s environment, the risk
di lingkungan ABM dilaksanakan dalam suatu kerangka management system is carried out within a comprehensive
kerja yang komprehensif mencakup semua risiko yang framework that encompasses all the risks that have
teridentifikasi sebagai risiko yang dihadapi Perseroan dan been identified as the risks faced by the Company and its
Entitas Anak. subsidiaries.

Kerangka kerja atau tahapan-tahapan proses manajemen The framework or stages of risk management process in the
risiko di Perseroan dapat dilihat pada bagan berikut. Company are detailed in the following diagram.
Identifikasi risiko, Analisis dan evaluasi

mempertimbangkan faktor berkesinambungan dan tepat waktu
internal dan eksternal untuk menetapkan skala prioritas
Risk identification,
Continuous and timely analysis and
caused by internal
evaluation to establish priority scale
and external factors
Pencatatan dan penetapan profil Penerapan strategi mitigasi risiko secara

Komunikasi dan peran serta seluruh
risiko untuk dipantau dan ditelaah berkelanjutan serta sumber daya yang
pemangku kepentingan terkait
perkembangan dan perubahannya diperlukan untuk pengelolaan tersebut
Recording and determining the risk Implementation of risk mitigation

Communication and participation of all
profile to be monitored and reviewed its strategies on an ongoing basis and the
relevant stakeholders
developments and changes resources needed for management
Establishing the Context
Risk Identification
Communication and
Risk Analysis Monitoring and Review
Consultation
Risk Evaluation
Risk Treatment
Penerapan sistem manajemen risiko di Perseroan juga Implementation of risk management system in the Company
diperkuat dengan adanya Kebijakan Manajemen Risiko is strengthened by the existence of the Risk Management
yang telah disahkan melalui Surat Keputusan Direksi Policy stipulated via the Board of Directors’ Decree
No. PLC/ERM/001/ABM tanggal 1 Mei 2013. Kebijakan No. PLC/ERM/001/ABM dated 1 May 2013. This policy
tersebut memuat berbagai informasi terkait penerapan contains various information related to risk management
sistem manajemen risiko sebagai berikut. system implementation, as follows.
1. Tujuan 1. Objectives
Melindungi dan meningkatkan nilai pemegang Protecting and escalating the shareholders’ and the
saham serta pemangku kepentingan lainnya dalam stakeholders’ values in maximizing the Company’s
memaksimalkan pencapaian Perseroan secara performance objectively.
objektif.
2. Latar Belakang 2. Background
Menyadari bahwa risiko akan selalu ada di setiap kegiatan Acknowledging that there are always risks in all the
yang dilaksanakan Perseroan sehingga perlu adanya Company’s activities, so related knowledge is needed in
pengetahuan terkait pengelolaan perusahaan yang baik. order to manage the Company well.

3. Filosofi 3. Philosophy
Risiko harus dikelola secara efektif agar tidak Risks must be managed effectively in order to avoid
mengganggu jalannya usaha Perseroan. Semua interferences in the Company’s business activities.
komponen di Perseroan diharapkan mengetahui dan All the Company’s components are expected to
memahami risiko terkait dengan pekerjaannya secara acknowledge and comprehend risks related to their jobs
proaktif. proactively.
4. Akuntabilitas 4. Accountability
Seluruh karyawan diwajibkan untuk melaksanakan All employees are obliged to execute and obey
dan mematuhi pedoman kerangka kerja manajemen framework guidelines of the risk management. The
risiko. Direksi memiliki akuntabilitas utama dalam Board of Directors have a primary accountability in
pelaksanaan kerangka kerja dan pengelolaan implementing the framework and organizing the risk
manajemen risiko. management.
5. Pendekatan 5. Approach/Method
ABM telah menetapkan standar ISO 31000 sebagai ABM set the ISO 31000 standard as the Company’s and
pendekatan pengelolaan manajemen risiko Perseroan its subsidiaries’ risk management approach.
dan Entitas Anak.
Pembentukan Departemen Risk Management Department

Manajemen Risiko Establishment
Selain melalui kerangka dan disahkannya Kebijakan In addition to the framework and ratification of the Risk
Manajemen Risiko, komitmen Perseroan dalam rangka Management Policy, in order to minimize the occurrence of
meminimalisir timbulnya dampak negatif dari aktivitas negative impacts from the Company’s business activities,
operasional perusahaan dibuktikan dengan membentuk the Company established the Enterprise Risk Management
Departemen Enterprise Risk Management (ERM). Department (ERM). This department is responsible of
Departemen ini bertanggung jawab atas berbagai hal yang various issues related with risk management, i.e.:
berkaitan dengan pengelolaan risiko, yaitu:
1. Memastikan proses dan fungsi manajemen risiko 1. Ensuring that risk management process and function
dijalankan di semua level dan unit Entitas Anak; are implemented in all levels and units of subsidiaries;
2. Menetapkan kebijakan dan kerangka implementasi 2. Setting policies and framework of risk management
manajemen risiko serta panduan dalam mengelola implementation as well as guidelines in managing risk
profil risiko dengan berpedoman pada standar ISO profile in accordance to the ISO 31000:2018 standard;
31000:2018;
3. Membantu Direksi menyediakan laporan konsolidasi 3. Supporting the Board of Directors in providing
risiko kunci yang diidentifikasi oleh semua fungsi consolidated reports regarding key risks identified by
korporasi dan unit Entitas Anak untuk memonitor dan all of the Company’s and Subsidiaries’ functions, aimed
menelaah profil risiko setiap unit usaha; dan at monitoring and reviewing risk profile in each business
unit; and
4. Membantu koordinasi pemantauan dan pemastian 4. Helping to coordinate the monitor and the assurance
proses manajemen risiko unit anak usaha terintegrasi processes that the subsidiaries unit’s risk management
dengan manajemen risiko Perseroan sebagai Entitas is integrated with the Company’s risk management as a
Induk. main entity.
Pada saat menjalankan aktivitas tersebut, ERM dibantu While implementing those activities, the ERM is supported
oleh Risk Management Unit (RMU) di setiap Entitas Anak. by a Risk Management Unit (RMU) in each subsidiary.
ERM saat ini dikepalai oleh Deden Eka Kurnia yang ERM is currently led by Deden Eka Kurnia, for whom the
pengangkatan dan pemberhentiannya dilakukan oleh appointment and dismissal is carried out by the President
Direktur Utama atas persetujuan Dewan Komisaris. Profil Director with the approval of the Board of Commissioners.
lengkap beliau diungkapkan sebagai berikut. Detailed profile of the Head of ERM is disclosed as follows.

Deden Eka Kurnia

Ketua Enterprise Risk Management
Head of Enterprise Risk Management

Domisili Usia
Domicile Age
Sejak Juni 2018 berdasarkan Surat Keputusan Perusahaan Appointed since June 2018 based on the Company Decree
No. ABMHR/055/SPO/06/2018 dengan masa jabatan yang akan No. ABMHR/055/SPO/06/2018 with a term of office that will end in
berakhir sesuai dengan hasil evaluasi Direksi. following the evaluation results of the Board of Directors.
Sarjana Akuntansi, STIE Perbanas (2002). Bachelor of Accounting, STIE Perbanas (2002).
Risk Management Strategy and Policy Department Head Risk Management Strategy and Policy Department Head of
PT Bumi Serpong Damai Tbk (Sinarmas Land) (2013-2017). PT Bumi Serpong Damai Tbk (Sinarmas Land) (2013-2017).
Pathways to Sustainability: Making Business More Attractive dari Pathways to Sustainability: Making Business More Attractive from
Global Reporting Initiative Global Reporting Initiative
Tidak memiliki rangkap jabatan di perusahaan lain di luar Grup ABM. No concurrent positions in other companies outside of ABM Group.
Struktur Organisasi ERM The ERM’s Organization Structure
Kedudukan ERM berada di bawah Direktur Utama. Struktur The ERM position is under the President Director. ERM's
organisasi ERM digambarkan pada bagan berikut. organizational structure is describedin the following chart.
Head of Enterprise Risk Management
Risk Specialist Insurance Specialist

Hingga akhir tahun 2020, Departemen Manajemen Risiko Until the end of 2020, the Risk Management Department had
memiliki 4 karyawan, terdiri dari 1 orang Head of ERM, 2 4 employees consisting of 1 Head of ERM, 2 Risk Specialist,
orang Risk Specialist, dan 1 orang Insurance Specialist. and 1 Insurance Specialist. These employees hold risk
Karyawan tersebut memiliki sertifikasi manajemen risiko management certifications, as follows.
sebagai berikut.
Perusahaan Jenis Sertifikasi Jabatan Penerima Sertifikasi Jumlah Karyawan (orang)

Company Certification Type Position of Certification Awardee Total Employee (people)
ABM • Qualified Risk Management Risk Specialist 1
Professional (QRMP);
• Certified Risk Management Risk Specialist 1
Professional (CRMP);
• Enterprise Risk Management Risk Specialist 1
Certified Professional
(ERMCP); dan / and
• Certified Insurance Risk Specialist 1
Professional (ANZIF).
Entitas Anak / Subsidiary
CK • Enterprise Risk Management Head of Risk Management 1
(ERMCP);
• Certified Insurance Head of Risk Management 1
Professional (ANZIF); dan / and
• Enterprise Risk Management Risk Management Specialist 1
(ERMCP).
Reswara • Certified Risk Management Risk Specialist 1
Professional (CRMP); dan / and
• Certified Insurance Risk Specialist 1
Professional (ANZIF).
CKB Logistics Certified Risk Professional. Risk Specialist 1
SSB Enterprise Risk Management Risk Specialist 1
Certified Professional (ERMCP).
Pada tahun 2020, karyawan di Departemen Manajemen In 2020, the Risk Management Department employees
Risiko lebih difokuskan pada bagaimana mempergunakan focused on utilizing and maintaining their certifications.
dan mempertahankan sertifikasi yang telah dimiliki. This was carried outthrough participation in certification
Hal tersebut dilakukan dengan mengikuti webinar yang webinars.
diselenggarakan oleh pihak penyelenggara sertifikasi.
Kegiatan Manjemen Risiko di 2020 Risk Management Activities in 2020
Beberapa kegiatan utama dalam manajemen risiko yang Some of the risk management activities engaged by ABM
dilakukan oleh ABM Group diuraikan sebagai berikut. Group are described as follows.

Perusahaan Tanggal Kegiatan

Company Date Activities
Grup ABM 1 Maret 2020 Pembentukan Tim Khusus Kebijakan Pencegahan Penyebaran, Penanganan, dan
Group ABM 1 March 2020 Risk Awareness Terkait dengan Covid-19 untuk ABM Group.
Formation of a Special Team for the Prevention of Covid-19 Spread, Handling and
Related Risk Awareness Policy for ABM Group.
Grup ABM 1 Februari 2020 ERM Workshop dan seminar terkait dengan Environment, Social, and Governance
Group ABM 1 February 2020 untuk Non-Excecutive Level.
ERM Workshop and seminars related to Environment, Social, and Governance for
Non-Executive Level.
Pencapaian Program Manajemen Risiko Achievement of Risk Management

2020 Program in 2020
Pencapaian pelaksanaan program manajemen risiko di The achievements of risk management program
tahun 2020 sebagai berikut. implementation in 2020 are as follows.
Perusahaan Kemajuan
Company Progress
Grup ABM Meninjau dan memutakhirkan ERM Framework Reviewed and updated the ERM Framework
ABM Group berdasarkan hasil rekomendasi GCG based on the results of the GCG assessment
assessment untuk diimplementasikan pada recommendations for implementation in 2021,
tahun 2021, yang mencakup: the scope of which includes:
• Consolidated coverage; • Consolidated coverage;
• Organisasi risiko; • Risk organization;
• Indikator risiko; dan • Risk indicator; and
• Summary reporting. • Summary reporting.
Grup ABM Menyusun rencana aksi pengendalian, penanganan, dan pencegahan Covid-19.
ABM Group Prepared an action plan for the control, handling, and prevention of Covid-19.
Grup ABM Meningkatkan Integrasi pelaksanaan Enterprise Risk Management pada Entitas Anak yang terkait
ABM Group dengan usaha Mining Value Chain (MVC).
Enhancing the integration of the implementation of Enterprise Risk Management in Subsidiaries
related to the Mining Value Chain (MVC) business.
Efektivitas Penerapan Manajemen Effectiveness of Risk Management

Risiko Implementation
Penerapan manajemen risiko di Perseroan dinilai The application of risk management in the Company
pada masing-masing Entitas Anak melalui beberapa is assessed in each of the subsidiaries through several
mekanisme, antara lain: mechanisms, including:
1. Koordinasi dengan organ manajemen risiko di 1. Coordination with risk management organs in the
Perseroan sebagai Entitas Induk; Company as the Parent Entity;
2. Penyelenggaraan rapat ERM secara rutin; dan 2. Organizing ERM meetings regularly; and
3. Pembahasan risiko-risiko utama di setiap Entitas 3. Discussion of main risks in each subsidiary.
Anak.
Sejak tahun 2017, ERM telah mengembangkan sistem Since 2017, the ERM has developed a system to evaluate the
untuk mengevaluasi manajemen risiko Perusahaan. Company’s risk management. This system is divided into the
Sistem ini dibagi menjadi 2 bagian berikut. following 2 parts.
1. Proses, mencakup: 1. Process, including:
a. Identifikasi risiko utama; a. Main risk identification;
b. Perencanaan, mitigasi, dan implementasi; dan b. Planning, mitigation, and implementation; and
c. Efektivitas mitigasi (pemantauan progress report). c. Mitigation effectiveness (progress report monitoring).

2. Hasil, meliputi hasil evaluasi dan pemantauan 2. Results, consists of risk management evaluation and
manajemen risiko. monitoring.
Skor Praktik Manajemen Risiko Korporat Skor Praktik Manajemen Risiko Korporat
Entitas Anak
Tahun 2020 Tahun 2019
Subsidiaries
Score of Corporate Risk Management Practice 2020 Score of Corporate Risk Management Practice 2019
Reswara 95% 95%
CK 95% 95%
CKB Logistics 100% 100%
SSB 94% 96%
Penilaian dihitung berdasarkan realisasi program dan Evaluation is calculated based on the realization of the
progres mitigasi atas target yang telah ditetapkan. program and the progress of mitigation against the
Berdasarkan penilaian yang telah dilakukan terhadap predetermined targets. Based on the evaluation carried out
kinerja Unit Manajemen Risiko di masing-masing Entitas on the performance of the Risk Management Unit in each
Anak tahun 2020, dapat disimpulkan bahwa realisasi Subsidiary in 2020, it was concluded that the realization of
program dan progres mitigasi berjalan selaras dengan the mitigation program and progress had been in line with
target manajemen risiko. the predetermined risk management targets.
Perseroan terus berupaya untuk meningkatkan kinerja The Company strives to improve risk management
manajemen risiko tahun selanjutnya melalui peningkatan performance for the following year by increasing the
frekuensi keterlibatan Unit Manajemen Risiko dalam involvement of the Risk Management Unit in each project
pengelolaan risiko di setiap proyek yang dilaksanakan up to the Subsidiary level.Risk surveys and workshops
sampai di tingkat Entitas Anak. Survei risiko dan workshop were also implemented to measure how far the mitigation
juga dilaksanakan untuk mengukur sejauh mana kebutuhan (insurance) was needed and to increase the success of its
mitigasi (insurance) perlu dilakukan dan meningkatkan implementation. Each subsidiary is also obliged to arrange
keberhasilan implementasinya. Setiap Entitas Anak a risk management development plan containing the risk
diwajibkan untuk menyusun rencana pengembangan management targets to be implemented every year on an
manajemen risiko yang memuat target pengelolaan ongoing basis.
manajemen risiko yang akan diterapkan di setiap tahun
secara berkelanjutan.
Profil Risiko Grup ABM Tahun 2020 dan ABM Group’s Risk Profile in 2020 and
Mitigasinya Its Mitigation
Profil risiko Grup ABM tahun 2020 diidentifikasi ABM Group’s risk profile in 2020 was identified based on the
berdasarkan Mining Value Chain (MVC) dan Enabler MVC Mining Value Chain (MVC) and Enabler MVC, described as
yang diuraikan sebagai berikut. follows.

Jenis Risiko Pemilik Risiko Penjelasan Mitigasi

Risk Type Risk Owner Remark Mitigation
Risiko Tidak Reswara Perseroan melakukan ekspansi bisnis pertambangan • Mencari tambang batu
Terjadinya Ekspansi batu bara sejalan dengan kemampuan rantai logistik batu bara pengganti untuk
Pertambangan Batu bara yang tengah dikembangkan menjadi rantai logistik tambang batu bara yang
Bara yang terintegrasi. Hal ini bergantung pada kemampuan akan habis “reserved”;
perusahaan untuk mengeksploitasi cadangan batu bara • Menjalankan bisnis
yang telah ada, serta mengoperasikan dan memelihara pertambangan batu bara
rantai logistik batu bara yang baru. dengan konsep “Mining
Value Chain (MVC)” yang
Kemampuan Perseroan untuk meningkatkan kapasitas mengintegrasikan Entitas
produksinya dalam jangka waktu tertentu bergantung Anak ke dalam rantai
pada sejumlah risiko tambahan, antara lain penundaan bisnis proses yang sama;
dalam perolehan/perpanjangan perizinan dari pemerintah, • Mencari tambang batu
ketidakmampuan perusahaan untuk melakukan integrasi bara dengan periode life
fasilitas produksi baru dengan cepat dan efisien, kesulitan of mine sehingga Entitas
memperoleh suku cadang, kesulitan pendanaan dan arus Anak yang termasuk
kas, dan masalah-masalah lain yang sifatnya eksternal dalam rantai nilai
terhadap ABM. Ketidakmampuan Perseroan untuk tambang (mining value
melakukan ekspansi kegiatan operasionalnya dapat chain) dapat bekerja di
memberikan dampak negatif yang material terhadap tambang tersebut; serta
kegiatan operasional, arus kas, kondisi keuangan, dan • Meningkatkan infrastruktur
hasil usaha. yang dimiliki oleh tambang
TIA sehingga dapat
memberikan manfaat bagi
Grup ABM.
Risk of No Coal The Company is expanding its coal mining business in • Looking for substitute coal
Mining Expansion line with the coal logistics chain capability which is being mines for “reserved” coal
developed into an integrated logistics chain. This depends mines that will soon be
on the company’s ability to exploit existing coal reserves, as mined out;
well as operate and maintain a new coal logistics chain. • Running coal mining
business with the concept
The Company’s ability to increase its production capacity of “Mining Value Chain
over a period of time depends on a number of additional (MVC)” which integrates
risks, including delays in obtaining /extending permits from Subsidiaries into the same
the Government, the Company’s inability to integrate new business process chain;
production facilities quickly and efficiently, difficulties in • Looking for coal mines
obtaining spare parts, funding difficulties and cash flows, with a life mine period
and other issues that are external to ABM. The inability of so that the Subsidiaries
the Company to expand its operational activities can have included in the mining
a material adverse effect on operational activities, cash value chain (mining value
flows, financial conditions and results of operations. chain) can exploit the
mines; and
• Improve infrastructure
in TIA mine so that it can
benefit to ABM Group.


Risiko Fluktuasi Reswara Hasil kegiatan operasional Perseroan bergantung pada Perusahaan memitigasi risiko
Harga Batu Bara harga jual batu bara Entitas Anak, Reswara. Harga batu bara fluktuasi harga batu bara
di pasar global sangat sensitif terhadap perubahan dalam dengan:
pasokan dan permintaan batu bara dari berbagai industri. 1. Memantau pergerakannya
harga secara berkala; dan
Industri kelistrikan, industri baja, dan industri lainnya yang 2. Melakukan operasional
menggunakan batu bara sebagai sumber bahan bakar penambangan secara
utama, memiliki siklus bisnis masing-masing, namun pola efektif dan efisien
fluktuasi permintaan batu bara dipengaruhi oleh, antara untuk menghasilkan
lain, perkembangan ekonomi dunia, ketersediaan sumber produksi maksimal
energi alternatif, perkembangan teknologi, dan peraturan dengan pengeluaran yang
pemerintah di banyak negara. minimal.
Fluktuasi pendapatan Reswara berkorelasi positif dengan

fluktuasi harga batu bara global. Penurunan harga
batu bara secara signifikan dan berkepanjangan dapat
menurunkan hasil usaha, kondisi keuangan, dan prospek
usaha Perseroan.
Risk of Coal Price The results of the Company’s operations depend on the The coal price fluctuation risk
Fluctuations selling price of the coal of its subsidiary, Reswara. The price is mitigated by:
of coal in the global market is very sensitive to changes in 1. Observing the movements
the supply and demand for coal from various industries. in prices continuously; and
2. Performing mining
The electricity industry, steel industry, and other industries operations in an efficient
that use coal as the main fuel source, have their own and effective manner
business cycles,but the pattern of fluctuations in coal to produce optimum
demand is influenced by, among others, the development results with minimal
of the world economy, availability of alternative energy expenditures.
sources, technological developments and regulations
government in many countries.
Reswara’s income fluctuations are positively correlated with

fluctuations in global coal prices. Significant and prolonged
reductions in coal prices can reduce the Company’s operating
results, financial conditions and business prospects.


Risiko Perubahan • MVC Diterbitkannya peraturan baru atau diubahnya peraturan Menyesuaikan perubahan
Perundang- • Enabler MVC lama oleh pengadilan, badan administratif, atau regulator perundang-undangan dengan
undangan di masa yang akan datang, dapat memberikan tafsir hukum perkembangan terkini bidang
yang baru yang kemungkinan dapat berbeda dengan tersebut.
penafsiran Perseroan.
Perseroan perlu memastikan perjanjian operasi barunya

tidak bertentangan dengan seluruh undang-undang
pertambangan dan peraturan pelaksanaannya yang
berlaku, termasuk yang baru diterbitkan. Tidak ada
jaminan bahwa ABM dapat membuat kontrak baru atau
mengubah kontrak yang ada agar dapat meminimalkan
dampak peraturan baru terhadap kegiatan operasionalnya.
Hal-hal yang disebutkan di atas dapat menyebabkan

dampak negatif yang material terhadap kegiatan
operasional, arus kas, kondisi keuangan, dan hasil usaha.
Risk of Changes The issuance of new regulations or amendments to old Adjust the changes in the
of Laws and regulations by courts, administrative bodies, or regulators, regulations with the latest
Regulations in the future, can provide new legal interpretations that may developments in the field.
be different from the Company’s interpretation.
The company needs to ensure that the new operating

agreement does not conflict with the entire mining law and
the applicable implementing regulations, including newly
issued ones. There is no guarantee that ABM can make new
contracts or change existing contracts in order to minimize
the impact of new regulations on its operations.
The matters mentioned above can have a material adverse

effect on operational activities, cash flows, financial
conditions and results of operations.
Risiko Perubahan • Reswara Kegiatan penambangan dipengaruhi oleh kondisi cuaca, Melakukan penambangan
Cuaca • CK khususnya hujan deras, yang dapat memperpanjang batu bara lebih optimal pada
durasi pengangkutan batu bara dan mengurangi efisiensi musim kemarau sehingga
peralatan dan atau menghentikan aktivitas pengupasan tersedia pasokan batu bara
tanah, serta penambangan dan pengangkutan batu bara. yang cukup bagi pelanggan di
Kemarau juga dapat menimbulkan risiko kebakaran hutan musim hujan.
dan kelangkaan air di pelabuhan bongkar muat batu bara.
Perubahan cuaca yang tidak diantisipasi Perseroan dapat
menimbulkan dampak negatif yang material terhadap
kegiatan operasional, arus kas, kondisi keuangan, dan
hasil usaha.
Risk of Weather Mining activities are affected by weather conditions, Conduct more optimum coal
Change Risk especially heavy rainfall, which can extend the duration of mining operations in the dry
coal transportation and reduce equipment efficiency and or season to ensure adequate
stop stripping activities, as well as mining and transporting supply for customers in the
coal. Droughts can also pose a risk of forest fires and rainy season.
scarcity of water in coal loading and unloading ports.
Weather changes that are not anticipated by the Company
can have a material adverse effect on operations, cash
flows, financial conditions, and results of operations.


Risiko Memburuknya • MVC Perseroan memperhatikan kebutuhan masyarakat yang Perseroan menjalankan
Hubungan dengan • Enabler MVC tinggal di sekitar wilayah operasionalnya, dan berupaya kegiatan tanggung jawab
Masyarakat meminimalkan dampak negatif operasinya terhadap sosial (CSR), dalam rangka
Setempat lingkungan dan masyarakat setempat. meningkatkan taraf hidup
masyarakat dan membina
Ketidaksenangan masyarakat terhadap keberadaan hubungan baik dengan
Perseroan karena satu atau lain hal dapat menyebabkan masyarakat.
protes atau keluhan atau tindakan lain oleh masyarakat
setempat yang dapat menghambat kegiatan operasional.
Hal ini dapat berdampak negatif terhadap kegiatan
operasional, arus kas, kondisi keuangan, dan hasil usaha.
Risk of Worsening The Company takes into account the needs and desires of The Company carries out
Relationships with the community living in the vicinity of its operational areas,
CSR activities to enhance
Local Communities and seeks to minimize the negative impact of its operations the quality of life of the
on the environment and local communities. communities and maintain a
strong relationship with the
The community’s displeasure with the Company’s presence communities.
is due to certain things which can cause protests or
complaints or other actions by the local community that can
hamper the Company’s operational activities. This may have
a negative impact on the Company’s operational activities,
cash flow, financial condition, and results of operations.
Risiko Permasalahan MVC Kegiatan penambangan batu bara Perseroan dapat Perseroan mematuhi
Lingkungan menimbulkan masalah lingkungan yang pelik dan memakan peraturan perundang-
Akibat Kegiatan biaya tinggi untuk diatasi. Perubahan atau interpretasi undangan Republik Indonesia
Penambangan dan atau pelaksanaan peraturan perundang-undangan dan tentang lingkungan,
Pekerjaan Jasa peraturan lingkungan, atau pengaruh terhadap lingkungan kesehatan dan keselamatan
Konstruksi yang tak terduga dari kegiatan operasional ABM dapat kerja, serta peraturan lain yang
menimbulkan biaya baru atau biaya tambahan. ditetapkan oleh Pemerintah,
baik pusat ataupun daerah.
Undang-undang yang dimaksud mengatur kegiatan
operasional seperti eksplorasi, pengembangan,
produksi, kesehatan dan keselamatan kerja, zat
beracun, pembuangan zat ke udara dan air, pengelolaan
pembuangan materi berbahaya dan limbah, pembersihan
lokasi penambangan, kualitas dan ketersediaan air tanah,
perlindungan tumbuhan dan satwa liar, reklamasi dan
restorasi sebagai kegiatan pascatambang, pembatasan
kegiatan penambangan terbuka di kawasan hutan lindung,
dan lain-lain. Peraturan lingkungan hidup ini mewajibkan
Perseroan memiliki berbagai izin dan lisensi dari
pemerintah.
Kenaikan biaya pemenuhan kepatuhan lingkungan

dan remediasi yang sifatnya material, atau terjadinya
kecelakaan besar lingkungan di tambang, dapat secara
negatif dan material mempengaruhi kegiatan operasional,
kondisi keuangan, hasil usaha, dan prospek usaha.


Risk of The Company’s coal mining activities may cause The Company complies with
Environmental complicated and highcost environmental problems to be the laws and regulations in the
Problems Due to overcome. Changes or interpretations or implementation Republic of Indonesia on the
Mining Activities of environmental laws and regulations, or unexpected environment, occupational
and Works of environmental influences from ABM’s operational activities, health and safety, and other
Construction may result in new costs or additional costs. regulations of the central and
Services regional governments.
Said regulations govern operational activities such as
exploration, development, production, occupational health
and safety, toxic substances, disposal of substances into the
air and water, management of disposal of hazardous materials
and waste, cleaning of mining sites, quality and availability of
ground water, plant protection and wildlife, reclamation and
restoration as post-mining activities, restrictions on open
mining activities in protected forest areas, and others. These
environmental regulations require the Company to possess
permits and obtain licenses from the government.
Increases in costs of meeting environmental compliance and

remediation that are material in nature, or the occurrence of
major environmental accidents at the mines, can negatively
and materially affect the Company’s operational activities,
financial condition, results of operations, and business
prospect.
Risiko Kontraktor MVC Perseroan menggunakan kontraktor dan sub-kontraktor dari Menerapkan sistem mining
pihak eksternal untuk melakukan beberapa kegiatan tertentu best practice dan melakukan
di dalam operasi penambangannya. Kegagalan signifikan pemantauan kinerja
kontraktor atau sub kontraktor dalam melaksanakan kontraktor dan sub-kontraktor
kewajiban sesuai kontrak, baik akibat kesulitan keuangan yang menyeluruh dan berkala.
atau operasional atau lainnya, dapat secara negatif dan
material mempengaruhi kegiatan operasional, kondisi
keuangan, hasil usaha, dan prospek usaha.
Risk of Contractor The Company uses contractors and sub-contractors from Implement best mining
external parties to carry out certain activities in its mining practices and supervise the
operations. Significant failure of the contractor or sub- performance of contractors
contractor in carrying out obligations under the contract, and subcontractors in
whether due to financial or operational or other difficulties, a comprehensive and
can negatively and materially affect operational activities, continuous manner.
financial conditions, results of operations, and business
prospects.
Risiko Bencana Alam • MVC Bencana alam, pemogokan, kemacetan, tindakan dari Menetapkan program
dan Tindakan di Luar • Enabler MVC pihak eksternal, atau faktor-faktor lain yang memengaruhi asuransi khusus untuk
Kendali Perusahaan fungsi jalur pengangkutan dapat membuat Perseroan gagal menutupi kerugian akibat
memenuhi kewajiban kontraknya. Untuk bisnis logistik risiko tersebut.
dan sewa kapal, ABM berkomitmen mengirimkan muatan
secara tepat waktu dan aman kepada pelanggan. Pengiriman
tepat waktu bergantung pada faktor-faktor di luar kendali
perusahaan, termasuk cuaca, persetujuan lembaga
berwenang, serta persoalan jalan dan infrastruktur. Setiap
kegagalan dalam memenuhi jadwal yang disepakati, atau
kehilangan atau kerusakan muatan, dapat menimbulkan
tuntutan hukum dari pelanggan. Ini dapat berpengaruh
negatif secara material terhadap kegiatan operasional,
kondisi keuangan, hasil usaha, dan prospek usaha.


Risk of Natural Natural disasters, strikes, traffic jams, actions from Determine a specific insurance
Disaster and Outside external parties, or other factors that affect the functioning program to cover losses arising
Control of the of the transport lines can make the Company fail to fulfill its from this risk.
Company contractual obligations. For the logistics and boat rental
business, ABM is committed to delivering cargo in a timely
and safe manner to customers. Timely delivery depends on
factors beyond the company’s control, including weather,
regulatory authority approval, and road and infrastructure
issues. Any failure to meet the agreed schedule, or loss or
damage to the cargo, can lead to lawsuits from customers.
This can have a material negative effect on operational
activities, financial conditions, results of operations, and
business prospects.
Sistem Pengendalian Internal

Internal Control System
Sistem pengendalian internal (SPI) merupakan suatu The internal control system (SPI) is a planning process
proses perencanaan yang melibatkan seluruh organ that involves all organs of the Company and carried out on
Perseroan yang dilakukan secara berkesinambungan an ongoing basis to achieve the 3 main objectives of SPI,
sehingga mampu mencapai 3 tujuan utama SPI, yaitu: namely:
a. Tujuan Operasional a. Operational Objective
Terciptanya aktivitas operasional yang efektif dan Achievement of an effective and efficient operational
efisien, termasuk di dalamnya adalah safe guarding activity including the safeguarding of assets.
assets;
b. Tujuan Pelaporan b. Reporting Objective
Terciptanya Laporan Keuangan yang akurat dan dapat Achievement of accurate and reliable financial
dipercaya (accurate and reliable), baik untuk keperluan statements for internal and external needs; and
internal maupun eksternal perusahaan; dan
c. Tujuan Compliance c. Compliance Objective
Terciptanya kepatuhan terhadap setiap hukum dan Achievement of compliance with prevailing laws and
peraturan yang berlaku. regulations.
Tujuan tersebut merupakan hal yang penting bagi penerapan These objectives are important for the implementation of SPI
SPI di Perseroan. Maka dari itu, manajemen berupaya untuk in the Company. Therefore, management strives to adopt SPI
menjadikan SPI sebagai Budaya Perusahaan. Selain itu, SPI into the Corporate Culture. The Company's SPI was formed
di Perseroan juga dibentuk dan dikembangkan berdasarkan and developed based on applicable international standards,
standar yang berlaku internasional, yakni Committee of namely the Committee of Sponsoring Organizations of the
Sponsoring Organizations of Treadway Commission (COSO) Treadway Commission (COSO) through the three lines model
dengan pendekatan The three line model seperti berikut ini. approach, which is described as follows.

Governing Body/Board/Audit Committee
Senior Management
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Financial Control
Security
External Audit
Risk Management
Management
Regulator
Management
Control Internal Audit
Control
Measures
Quality
Inspection
Compliance
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Fungsi yang secara langsung Fungsi yang berperan dalam melakukan pemantauan Fungsi yang bersifat independen
berhadapan dengan risiko. risiko dan proses manajemen risiko. Selain itu, fungsi secara objektif mampu memberikan
Function that is tasked to confront risks ini memiliki tugas untuk memberikan panduan atas masukan terhadap perbaikan kontrol
directly. manajemen risiko, kerangka manajemen risiko, risiko yang terjadi di Perseroan.
identifikasi risiko, serta memonitor terhadap risiko An independent function that is
yang terjadi dan memberi dampak pada 1st Line of tasked to provide input objectively
Defense. on improvements to risk control that
Function that carries out risk monitoring and risk occur in the Company.
management processes. The task of this function
is to provide guidance on risk management, risk
management frameworks, risk identification, and
monitoring of risks that occur and have an impact on
the 1st Line of Defense.
Perseroan menjalankan pendekatan the three lines model The Company implements the three lines model approach
dengan mengacu pada 5 komponen SPI yang saling by referring to the 5 interconnected components of the SPI
berhubungan, sebagaimana digambarkan pada bagan as described in the following chart.
berikut.

Monitoring
Inf
n
or
tio
ma
ica
tio
n
mu
n&
Co
Co
Control Activities
&
mu
on
nic
ati
ati
orm
on
Inf
Risk Assessment
Control Environtment
Implementasi 5 komponen SPI tersebut dijelaskan sebagai The implementation of the 5 components of the SPI is
berikut. described as follows.
Komponen SPI Uraian Implementasi di Perseroan

IAU Component Description Implementation within the Company
Lingkungan Menciptakan lingkungan yang menaungi Memiliki core value yang dibuat dengan menggabungkan kekuatan
Pengendali seluruh Perseroan sebagai suatu values yang berasal dari semangat “Hamami Family”.
Control Environment organisasi dengan budaya dan perilaku Arranging core values by combining with the values’ strength from the
tertentu. Lingkungan ini dibentuk “Hamami Family” spirit.
dengan dasar integritas dan nilai-nilai,
etika komitmen terhadap kompetensi,
kepemimpinan, struktur organisasi,
wewenang, tanggung jawab, dan
hubungan kerja yang baik di seluruh lini
Perseroan.
Creating an environment that covers all
parts of the Company as an organization
with a certain culture and behavior.
This environment is built on integrity
and values, ethical commitment to
competence, leadership, organizational
structure, authority, responsibility, and
good working relationships in all lines of
the Company.


Penilaian Risiko Memiliki kebijakan dan prosedur yang Melalui ERM, Perseroan mengadakan rapat secara rutin guna
Risk Assessment berfungsi memastikan setiap strategi membahas hal-hal yang bisa menjadi risiko bagi perusahaan, dengan
dan arahan dari pimpinan telah berjalan pendekatan efektif dan memberikan informasi terkini. Selain itu,
dengan baik. ERM melakukan sosialisasi terkait manajemen risiko, seperti training
Possessing policies and procedures to dengan mengundang fungsi lain, baik yang terlibat langsung maupun
ensure every strategy and direction from tidak langsung dengan risiko. ERM melaksanakan tugas dan tanggung
the leadership can be well implemented. jawabnya dibantu oleh Office Strategic Management, Corporate
Finance, Controller, Budget & Performance Monitoring, maupun Unit
Audit Internal guna meyakini bahwa seluruh risiko dapat diantisipasi
dan berjalan secara efektif.
Through ERM, the Company holds regular meetings to discuss matters
that could potentially pose a risk to the Company through an effective
approach and updating the latest information. ERM also conducts
dissemination related to risk management such as training by inviting
other functions, either directly or indirectly involved with risk. ERM
carries out its duties and responsibilities with the assistance of the
Office Strategic Management, Corporate Finance, Controller, Budget
and Performance Monitoring, and the Internal Audit Unit to ensure that
all risks can be anticipated and run effectively.
Aktivitas Memiliki kebijakan dan prosedur yang • Mengimbau seluruh karyawan patuh terhadap standar operasional
Pengendalian membantu dalam memastikan setiap prosedur (SOP); serta
Control Activities strategi dan arahan dari pimpinan dalam • Memiliki kebijakan mengenai limit of authorization (LoA),
berjalan sesuai dengan harapan. segregation of duties yang jelas, three ways matching concept
Possessing policies and procedures untuk pembayaran kepada pihak ketiga, authorization matrix,
that help ensure that every strategy and reconciliation process, general control dan application control
direction from the leadership work as yang baik pada Information Communication and Technology (ICT).
expected. • Encouraging all employees to abide by the standard operating
procedures (SOP); and
• Possessing policies on Limit of Authorization (LoA), clear
segregation of duties, three ways matching concept for payment
to third-parties, authorization matrix, reconciliation process,
general control, and good application control on Information
Communication and Technology (ICT).
Pemantauan Merupakan proses yang dilakukan • Melibatkan seluruh pihak, baik internal (Unit Audit Internal,
Monitoring secara rutin guna memastikan Dewan Komisaris, dan Komite Audit) maupun eksternal (Pajak,
dan menilai kinerja dari aktivitas Otoritas Jasa Keuangan, Bursa Efek Indonesia, dan lain-lain),
pengendalian internal yang dijalankan dalam hal memberikan masukan sebelum terjadinya risiko dan
dari waktu ke waktu. improvement dalam rangka menciptakan SPI yang efektif dan
The processes that are implemented efisien sesuai dengan kondisi saat ini; serta
regularly to ensure and evaluate the • Memaksimalkan pemanfaatan whistleblower hotline system
performance of continuous internal (WBS).
control activities. • Involving various parties, comprising internally (the internal audit
unit, the Board of Commissioners, and the Audit Committee) and
externally (Tax Directorate General, OJK, IDX, etc) to give input
before the risks occurred and make improvements so an effective
and effective IAU is obtained based on recent condition; and
• Optimizing the benefits of a whistleblower hotline system (WBS).


Informasi dan Merupakan sistem dan proses yang • Memanfaatkan teknologi melalui:
Komunikasi mendukung Perseroan dalam melakukan - Enterprise Resource Planning (ERP) yang terintegrasi dan ter-
Information and identifikasi, pencatatan, dan pertukaran update/last upgrade;
Communication informasi dengan pelaksanaan tugas - Operations Control Centre (OCC) yang dapat menginformasikan
pokok melalui formulir ataupun aktivitas dan pencapaian operasional harian; serta
lainnya pada waktu tertentu, sehingga • Memberikan dukungan penuh berupa ICT pada pihak yang
mempermudah proses pelaksanaan, menjalankan fungsi ini, yakni Corporate Communication,
pengendalian dan pertanggungjawaban Sekretaris Perusahaan, dan Hubungan Investor.
terhadap tugas. • Utilizing technology through:
A system and process that supports - Integrated and updated/last upgraded Enterprise Resource
the Company in identifying, recording, Planning (ERP);
and exchanging information with the
- Operation Control Center (OCC) that is able to inform activities
implementation of its main tasks to
and daily operational achievements; and
simplify the process of implementing,
controlling and accountability for its • Providing full support in the form of ICT to parties implementing
duties. this function, i.e. Corporate Communication, Corporate Secretary,
and Investor Relations.
Evaluasi dan Penilaian atas Sistem Evaluation and Assessment on Internal

Pengendalian Internal Tahun 2020 Control System in 2020
Pandemi global Covid-19 yang melanda dunia, khususnya The global Covid-19 pandemic has also affected the
Indonesia, memengaruhi pelaksanaan pengendalian internal implementation of the Company's internal controls.
Perseroan. Terjadinya pembatasan mobilitas dan pelaksanaan The imposition of restrictions on movement and the
normal baru (new normal) dalam lingkungan pekerjaan implementation of new normal and work from home which
dengan harus bekerja dari rumah (work from home) secara relies on online-based information technology has an
daring yang mengandalkan teknologi informasi berdampak impact on the adjustment of internal audit activities. The
pada penyesuaian terhadap aktivitas audit internal. Selain limitation of field visits due to the pandemic has also been
itu, dibatasinya kunjungan ke lapangan akibat pandemi juga a challenge because internal control evaluation activities
menjadi tantangan sendiri yang harus dijawab karena aktivitas must go hand in hand with the Company's operational
evaluasi pengendalian internal tetap harus berjalan seiring activities. Related to this, the Internal Audit Unit made
dengan aktivitas operasional Perseroan yang tetap berjalan. adjustments by optimizing the utilization of technology
Terkait hal tersebut, penyesuaian dilakukan Unit Audit Internal, such as voice recording, video recording, drone cameras,
termasuk perubahan metode dengan mengoptimalkan and so on.
penggunaan teknologi, seperti seperti rekaman suara (voice
recording), rekaman gambar (video recording), kamera pantau
menggunakan drone, dan sebagainya.
Seluruh penyesuaian tersebut dilakukan agar evaluasi All adjustments are made so that the evaluation of the
terhadap pelaksanaan pengendalian internal dapat tetap implementation of internal control can continue even
berjalan meskipun di tengah situasi yang terbatas akibat though it is carried out amid a pandemic (demonstrating
dampak pandemi (agile). Dewan Komisaris dan Direksi menilai an agile mindset). The Board of Commissioners and
bahwa sistem pengendalian internal yang sudah berjalan the Board of Directors assess that the current internal
saat ini telah memenuhi standar minimal untuk memastikan control system has met minimum standards to ensure the
tingkat efektivitas, efisiensi, keandalan, keamanan, dan level of effectiveness, efficiency, reliability, security, and
kepatuhan terhadap peraturan. Namun demikian, masih compliance with regulations. However, there is still room
dan selalu terbuka ruang-ruang untuk penyempurnaan. for improvement. The various changes that have occurred,
Berbagai perubahan yang terjadi, baik yang dilakukan secara both driven by internal situations and external conditions,
internal maupun yang didorong oleh situasi dan kondisi require the Company to always be ready and willing to
eksternal, mengharuskan Perseroan senantiasa siap dan make improvements in ensuring the availability of a reliable
bersedia melakukan perbaikan-perbaikan guna memastikan internal control system for the Company.
tersedianya sistem pengendalian internal yang andal bagi
perusahaan.

Tata Kelola Teknologi Informasi

Information Technology Governance
Implementasi tata kelola teknologi informasi (TI) sangat The implementation of information technology (IT)
penting bagi Perseroan karena memungkinkan seluruh governance is very important for the Company because
pemangku kepentingan untuk terlibat dalam memberikan it allows all stakeholders to be involved in providing the
masukan yang diperlukan dalam proses pengambilan necessary input in the decision-making process. This is
keputusan. Hal ini dikarenakan pengelolaan TI dilakukan because IT management is carried out in an integrated
secara terintegrasi mencakup seluruh aspek bisnis, manner that covers all aspects of the business, including
termasuk aspek tata kelolanya, sehingga lebih efektif dan aspects of governance so that it is more effective and
efisien, baik dalam hal pengambilan keputusan, analisis efficient in terms of decision making, data analysis, and
data, serta pelaporan dalam skala korporat yang dilakukan reporting on a corporate scale carried out within the
dalam Perseroan maupun Entitas Anak. Company and its subsidiaries.
Selain itu, tata kelola TI di Perseroan merupakan IT governance is also a means for the Company to carry out
sarana dalam menjalankan kegiatan usaha serta business activities and implement Mining Value Change.
mengimplementasikan Mining Value Change. Pihak yang The party responsible for IT management is the Chief
bertanggung jawab dalam pengelolaan TI adalah Chief Information Officer together with the Digital and Analytics
Information Officer bersama Departemen Digital and Department.
Analytics.
Kebijakan Strategis Pengelolaan Strategic Policy for Information

Teknologi Informasi Technology Governance
Revisi Visi dan Misi Departemen Digital and Revised Vision and Mission of the Digital
Analytics and Analytics Department
Seiring dengan adanya Visi 2025 Grup ABM, Departemen In line with the ABM Group's Vision 2025, the Digital
Digital and Analytics turut mendukung dalam and Analytics Department supports and participates in
meningkatkan produktivitas melalui otomatisasi dan data increasing productivity through automation and data
analitik. Terkait hal tersebut, Perseroan melakukan revisi analytics. In this regard, the Company revised the Vision
atas Visi dan Misi Departemen Digital and Analytics. and Mission of the Digital and Analytics Department.
Mengoptimalkan produktivitas • Menyediakan dasar teknologi kuat yang sesuaidan integrasi

bisnis dan meraih keunggulan data untuk analitik data tingkat lanjut;
kompetitif melalui data • Secara kolaboratif membangun otomatisasiend-to-end
intelligence terintegrasi terbaik intelligentprocess untuk menghilangkan intervensi manual;
di kelasnya dan otomatisasi dan
teknologi dengan kemampuan • Mengatur inovasi teknologi yang mempunyai nilai tambah
Visi analitik tingkat lanjut. Misi bermanfaat di seluruh lini bisnis.
Vision Optimizing business productivity Mission • Provide robust technology foundation timely, and integrated
and gain competitive edge data for advanced data analytics;
by delivering best in class • Collaboratively build end-to-end intelligent process
integrated data intelligence and automation to remove manual intervention; and
technology automation with • Orchestrate game-changing value add technology
advance analytics capability. innovation throughout business.
Visi dan Misi Departemen Digital and Analytics ini baru This revised Vision and Mission of the Digital and Analytics
akan diterapkan pada tahun 2021. Department will be implemented in 2021.

Pengembangan Software Aplikasi dan Gradual Application Software and

Infrastruktur Secara Bertahap Infrastructure Development
Pada tahun 2020, Departemen Digital and Analytics In 2020, the Digital and Analytics Department has
menyosialisasikan pemanfaatan TI yang telah disseminated the utilization of IT that has been developed
dikembangkan di tahun 2019 kepada seluruh pengguna in 2019 to all users in the ABM Group. New developments
di dalam Grup ABM. Selain itu, pengembangan dan and innovations are also being carried out in line with the
inovasi-inovasi baru terus dilakukan, seiring dengan development of IT in the digital era.
perkembangan TI di era digital.
1. Pengembangan SAP S/4HANA 1. SAP S/4HANA Development
Bersama dengan Tim Business Process, Departemen Together with the Business Process Team, the Digital
Digital and Analytics melakukan pengembangan SAP/ and Analytics Department has developed SAP S/4HANA
S4HANA dengan berfokus pada: with a focus on:
1. Pencadangan sistem yang andal dan sering serta 1. Development of reliable and frequent system
dapat dipulihkan dengan mudah; backups that can recover easily;
2. Peningkatan respon dukungan dan waktu resolusi 2. Improved support response and faster resolution
lebih cepat; serta times; and
3. Peningkatan sistem keamanan. 3. Improved security system.
Beberapa manfaat yang diperoleh Perseroan melalui Some of the benefits obtained by the Company through
pengembangan SAP/4HANA, yaitu: the development of SAP S/4HANA include:
a. Performa Luar Biasa a. Outstanding Performance
1) Tidak adanya jeda untuk transaksi operasional; 1) There was no lag during operational transactions;
2) 90% waktu pelaporan lebih cepat; 2) 90% faster reporting time;
3) Tidak adanya antrian dalam penutupan 3) There was no queue for financial closure. The
keuangan, dari semula 15 hari menjadi 6 hari. queue, which originally went 15 days long, has
now improved into 6 days.
b. Pembersihan dan Pengurangan Data b. Data Cleaning and Reduction
1) Penghapusan duplikasi data lebih dari 10.000 1) Eliminated data duplication of more than 10,000
data pelanggan dan vendor; customer and vendor data;
2) Penyimpanan lebih sedikit karena mampu 2) Reduced storage capacity by up to 80% which
mengurangi kapasitas penyimpanan hingga resulted in cost-saving amounting to Rp500
80% sehingga Perseroan bisa menghemat million/month.
biaya sebesar Rp500 juta/bulan.
c. Tampilan menjadi lebih responsif, menarik, dan c. Modified the user interface to make it more
lebih mudah digunakan. responsive, attractive, and easier to use.
SAP FIORI: OVERVIEW DASHBOARD AND PR/PO APPROVAL ON

BROWSER/MOBILE APPS

2. Intercompany Project 2. Intercompany Project

Intercompany project merupakan bagian dari proyek Intercompany project is part of the TMT Group
Grup TMT. Proyek ini membantu Grup TMT, termasuk project. This project helps the TMT Group, including
Grup ABM, dalam mempercepat pencatatan setiap the ABM Group, in accelerating the recording of every
transaksi, khususnya terkait pembelian. transaction, especially those related to purchases.
3. Pengembangan Sistem Mining Value Chain (MVC) 3. Mining Value Chain (MVC) System Development
Perseroan melakukan pengembangan MVC Operation The Company developed the MVC Operation Dashboard
Dashboard dengan menampilkan key performance by displaying key performance indicators (KPI) in the
indicator (KPI) di bidang operasi yang menjadi field of operations that are of concern to management.
perhatian pihak manajemen. Dengan demikian, tindak Thus, follow-up on KPIs that have not met the Company's
lanjut atas KPI yang belum sesuai dengan target targets can be done easily and quickly. Currently,
perusahaan dapat dilakukan dengan mudah dan cepat. the MVC Operation Dashboard can be accessed via a
Saat ini, MVC Operation Dashboard dapat diakses browser and Android application.
melalui browser dan aplikasi Android.
MVC Operation Dashboard
Tersedia di browser dan

aplikasi Android dengan
peningkatan pada sisi
keamanan dan peran
pengguna.
Available in browser
and Android apps with
enhanced security and
user roles.

4. Penggunaan Microsoft Office 365 4. Microsoft Office 365 Utilization

Perseroan memanfaatkan Microsoft Office 365 sebagai The Company has been usingMicrosoft Office 365 as a
salah satu solusi dalam meningkatkan kinerja seiring solution to improve performance in line with the Work
dengan adanya kebijakan work from home akibat dari from Home policy due to the spread of Covid-19. For
merebaknya Covid-19. Salah satu contoh pemanfaatan example, Microsoft Office 365 was utilized to hold the
Microsoft Office 365, yaitu pelaksanaan RUPS Tahunan Company's Annual GMS which was conducted online via
Perseroan yang dilakukan secara daring menggunakan the Microsoft Teams Webinar.
Microsoft Team Webinar.
Selain itu, Tim CorComm telah meluncurkan portal baru In addition, Tim CorComm has launched a new portal in
di Microsoft Office 365. Portal tersebut menampilkan Microsoft Office 365. The portal shows the latest news
berita-berita terbaru Perseroan serta link-link dari of the Company as well as the links of the applications
aplikasi-aplikasi yang biasa digunakan di perusahaan. used in the company.
5. Proses Digitization di Entitas Anak 5. Digitization Process in Subsidiaries

Perseroan melakukan digitization semaksimal The Company strives to achieve digitization and
mungkin, di mana penginputan data yang biasanya transform data input, which traditionally and habitually
dilakukan manual melalui Microsoft Excel, secara has been conducted manually,using Microsoft Excel.
bertahap dimasukan ke dalam sistem, seperti This habit is gradually beingtransformedto using more
Microsoft Office 365 atau sistem/aplikasi lain yang efficient systems, such as Microsoft Office 365 or other
secara khusus dibentuk di masing-masing Entitas systems/applications that are specifically designed for
Anak. each of the Subsidiaries.
Mifa
Information
Management System

TIA
Information
Management System
6. Pemanfaatan Clouds 6. Cloud StoragesUtilization

Perseroan telah mengkonsolidasi seluruh server ke The Company has consolidated all servers into AWS
dalam Clouds AWS untuk menjamin pencadangan, Clouds to ensure backup, reliability, and security of data
keandalan, dan keamanan atas data dan informasi and other information.
lainnya.
7. Penerapan Teknologi Internet of Things (IoT) 7. Internet of Things (IoT) TechnologyApplication

Penerapan teknologi IoT dikembangkan terutama di The application of IoT technology is mainly carried
Entitas Anak, PT Cipta Kridatama, melalui pemasangan out in the subsidiary, PT Cipta Kridatama, through the
sensor pada peralatan kerja atau karyawan untuk: installation of sensors on work equipment or employees
a. Mine management system: untuk memonitor, to:
mengontrol, dan meningkatkan produktivitas alat a. Mine management system: monitor, control, and
berat; increase the productivity of heavy equipment;
b. Fuel management system: untuk meningkatkan b. Fuel management system: Improve fuel efficiency;
efisiensi penggunaan bahan bakar; dan and
c. Worker safety system: memonitor kesehatan c. Worker safety system: Monitor workers' health
pekerja sebelum mulai shift dan mendeteksi before the starting of their shifts and detect tired
pengemudi alat berat yang mengantuk. heavy equipment drivers.

MINE MANAGEMENT SYSTEM (MMS)

Primary Operation System Server Dashboard
• Monitor, control, then improve productivity by
managing cycle time, fleet matchingand payload.
• Safe operation.
2020
Primary Equipment and Monitoring Purpose Mine

• Monitoring equipment abuse and take actions Management
regarding the abuse. System
• Colaborate operation to arrange repair & Database
maintenance optimizing utilization.
Report Dispatcher
Core Module include: Control
• Inclinometer. • Smart Processing.
• GPS. • Cost Saving.
• RFID. • Safety Working.
Onboard
FATIGUE MANAGEMENT &

COLLISION AVOIDANCE SYSTEM (CAS)
Fatigue Alarm Control System
2020
Fatigue Starting
Camera Alarm Out/Off
Controller
Starting
Out/Off
Starting
Out/Off
Car Alter Starting

Motor Motor
Starting
Motor

Audit TI IT audit
Dalam rangka mengukur efektivitas dan efisiensi sistem To measure the effectiveness and efficiency of IT systems
TI dalam mendukung pertumbuhan bisnis yang dinamis, in increasingly dynamic business growth, the Company
dilakukan audit terhadap implementasi TI pada triwulan conducts an audit of IT implementation in the fourth quarter
keempat setiap tahun. Pelaksanaan audit ini sejalan of each year. This audit is in line with the TMT IT Security
dengan TMT IT Security Policy yang berlaku di seluruh Policy that applies across the ABM Group and the TMT
Grup ABM dan Grup TMT. Pelaksanaan audit meliputi audit Group. The audit includes an audit of the financial system by
sistem keuangan oleh eksternal audit, audit proses pada an external audit, a process audit on the system by the ABM
sistem oleh Audit Internal Grup ABM, dan audit sistem Group Internal Audit, and an audit of the operating system
operasi pada Entitas Anak oleh Tim ISO. Selain itu, Audit on Subsidiaries by the ISO Team. ABM Group Internal Audit
Internal Grup ABM juga berperan untuk melaksanakan also carried out an audit at CKB Logistics.
audit pada CKB Logistics.
Customer Satisfaction Survey of IT Customer Satisfaction Survey of IT

Departemen Digital and Analytics terus mengukur kualitas The Digital and Analytics Department continues to measure
pelayanan yang diberikan kepada user melalui pelaksanaan the quality of services provided to users through the
Customer Satisfaction Survey of IT. Survei karyawan implementation of the Customer Satisfaction Survey of IT.
sebagai user dari produk dan jasa TI ini dilaksanakan 2 kali This employee survey as a user of IT products and services
dalam setahun. Indikator yang diukur meliputi: is carried out twice a year. Measured indicators include:
1. Infrastruktur (e-mail, jaringan, internet, dan 1. Infrastructure (e-mail, network, internet, and
komunikasi); communication);
2. Solusi infrastruktur; 2. Infrastructure solutions;
3. Support/helpdesk; 3. Support/helpdesk;
4. Sistem/Aplikasi SAP dan non-SAP; serta 4. System/Application of SAP and non-SAP; and
5. ICT ABM Shared Service (DNA) secara umum. 5. ICT ABM Shared Service (DNA) in general.
Hasil survei di tahun 2020 mencapai 3,74 dari skala 5. The survey in 2020 resulted in a score of 3.74 from a scale
Kondisi tersebut menunjukkan bahwa layanan ICT/DNA of 5. This condition means that ICT/DNA services have
sudah melebihi target dan akan terus ditingkatkan untuk exceeded the target, and they will continue to be improved
tahun selanjutnya. for the next year.
Group Score
Application 3,74
13,36%
Helpdesk 3,70
ICT Infrastruktur / ICT Infrastructure 3,72
Responden Penilaian ICT/DNA Secara Umum

3,81
General Assessment on ICT/DNA
366 Persons out of 2,660
SAP System 3,80
Total 3,74
Pengembangan Kompetensi Pengelola TI IT Management Competence Development

Pengembangan kompetensi dilaksanakan dalam bentuk Competency development is carried out in the form of soft
pengembangan soft skill yang sesuai kurikulum ABM Group skill development that following the ABM Group Learning
Learning dan pengembangan hard skill yang dirancang sesuai curriculum and the development of hard skills designed
dengan rencana kerja Departemen Digital and Analytics. under the work plan of the Digital and Analytics Department.

Biaya Pengembangan Teknologi Informasi Information Technology Development

Expenditures
Biaya yang dikeluarkan Perseroan untuk pengembangan The Company’s expenditures for information technology
teknologi di tahun 2020 terdiri dari biaya operasional development in 2020 consisted of operating expenses
sebesar AS$445.846 dan belanja modal sebesar of US$445,846 and capital expenditures of US$101,497.
AS$101.497. Sementara itu, pengeluaran yang terpusat di Meanwhile, centralized expenditures in the ABM Group for
Grup ABM untuk biaya operasional mencapai AS$1.628.153 operating expenses and capital expenditures amounted to
dan belanja modal mencapai AS$1.103.781. US$1,628,153 and US$1,103,781 respectively.
Rencana Pengembangan Teknologi Information Technology Development

Informasi Plan
Pengembangan TI akan terus dilanjutkan di tahun 2021, IT development will continue in 2021, especially in fulfilling
khususnya dalam mewujudkan Visi Grup ABM tahun 2025, the ABM Group Vision for 2025 which is carried out with the
dengan rencana pengembangan sebagai berikut. following development plans.
• Perlindungan data perusahaan; Logistic

• SAP HC dan BPC; Services (CKB Ramco TMS Live.
• Data science platform; serta Logistics)
ABM Group • Mobile end point devices and apps.
• Protection to the Company’s data;

• SAP HC and BC;
• Data Science Platform; and
• Mobile endpoint devices and apps. Engineering • Pengelasan robotik;
and Sevices • Pilot IoT dalam operasi (SDT); serta
(SSB) • Optimalisasi SAP di PP, PS, dan SCM.
• Robotic welding;
• IoT pilot operations (SDT); and
• Optimization of SAP in PP, PS, and
Mining Value • Pembenahan aplikasi CK; SCM.
Chain • Manajemen aset dan pemeliharaan
prediktif;
• Sistem manajemen bahan bakar
dan keselamatan;
• MIFA Drone (UAV);
• Sistem pengangkutan batubara
TIA; serta
• Platform kolaborasi transshipment
BDD. Fungsi Bisnis • Sistem manajemen mengenai kontrak;
Pendukung • Optimalisasi e-procurement;
• CK application improvements; Supporting • Sistem penyimpanan pertanggungan
• Predictive asset management and Business terintegrasi; serta
maintenance; Functions • Kerangka kerja dan dashboard
• Fuel and safety management manajemen risiko.
systems; • Contract management system;
• MIFA Drone (UAV); • E-procurementOptimization;
• TIA's coal transportation system; • Integrated insurance storage system;
and and
• BDD transshipment collaboration • Management frameworks and
platform. dashboards.

Perkara Penting
Important Issues
Permasalahan Hukum Litigations
Jumlah kasus hukum yang dihadapi Perseroan, Entitas The legal cases involving the Company, Subsidiaries, and the
Anak, serta anggota Dewan Komisaris dan Direksi selama members of the Board of Commissioners and Board of Directors
2 tahun terakhir diungkapkan pada tabel berikut. in the last two years are presented in the following table.
2020 2019
Permasalahan Hukum
Legal Cases Perdata Pidana Perdata Pidana
Civil Criminal Civil Criminal
Selesai dan Telah Mempunyai Kekuatan Hukum Tetap
3 - 3 -
Settled and Already have Permanent Legal Force
Dalam Proses Penyelesaian
- - - -
In Settlement Process
Total 3 - 3 -
Informasi terhadap perkara penting yang dihadapi Grup Information on important litigations encountered by ABM
ABM sepanjang tahun 2020 diuraikan pada tabel berikut. Group in 2020 is described in the following table.
Risiko yang
DIhadapi dan
Pengaruhnya
Pihak yang terhadap
Pokok Perkara Status Perkara Tindak Lanjut
Berperkara Perusahaan
Principal Case Case Status Follow-up
Litigants Risks Faced by
the Company and
Their Impacts on
the Company
PT Cipta PT Rinjani Kartanegara Pada tanggal 9 Oktober 2017, majelis hakim Pengadilan CK berisiko tidak CK mengikuti
Kridatama (“RK”) sebagai klien Niaga menjatuhkan putusan atas kepailitan RK. Atas akan memperoleh proses
(“CK”) CK berada dalam putusan tersebut, CK telah mengajukan permohonan pengembalian kepailitan yang
Penundaan Kewajiban kasasi kepada Mahkamah Agung melalui Pengadilan tagihan secara telah ditetapkan
Pembayaran Utang Niaga di Pengadilan Negeri Jakarta Pusat. penuh. oleh Pengadilan
(“PKPU”). Dengan Niaga.
demikian, CK menjadi Mahkamah Agung, melalui putusannya pada tanggal
salah satu kreditur RK 21 Mei 2018, telah menolak kasasi CK.
di PKPU.
Berdasarkan surat dari Tirta Cakindra Setiayedi, SH,
MH dan Dwiana Miranti, SH selaku tim kurator RK (“Tim
Kurator”) tanggal 21 Juni 2019, memberitahukan bahwa
Tim Kurator akan segera melaksanakan going concern
atas RK bersama-sama dengan PT Beringin Inti Bara
selaku investor dan kontraktor utama RK berdasarkan
Penetapan Hakim Pengawas dan Pengadilan Niaga
Jakarta Pusat tanggal 13 Mei 2019.
Pada September 2019, berdasarkan putusan

Pengadilan Niaga pada Pengadilan Negeri Surabaya
(“Pengadilan Niaga Surabaya”), PT Tunas Muda Jaya
(“TMJ”), dahulu klien CK, berada dalam kondisi PKPU.

Risiko yang
DIhadapi dan
Pengaruhnya
Pihak yang terhadap
the Company and
Their Impacts on
the Company
PT Rinjani Kartanegara On 9 October 2017, the panel of judges at the Commercial CK runs the risk of CK is
(“RK”) as CK's client is Court issued a verdict on RK's bankruptcy. Based on this not obtaining the participating in
in the Postponement decision, CK has submitted an appeal for cassation to full amount of its the bankruptcy
of Debt Payment the Supreme Court through the Commercial Court at claims. process
Obligations (“PKPU”) the Central Jakarta District Court. determined by
stage. Thus, CK became the Commercial
one of RK's creditors in The Supreme Court, through its decision on 21 May 2018, Court.
the PKPU. rejected CK's appeal.
Based on a letter from Tirta Cakindra Setiayedi, SH,

MH and Dwiana Miranti, SH as the curatorial team
of RK ("Team of Curators") dated 21 June 2019, it was
informed that the Curatorial Team would soon carry out
a going concern for RK together with PT Beringin Inti
Bara as RK's main investors and contractors based on
the Decision of the Supervisory Judge and the Central
Jakarta Commercial Court on 13 May 2019.
In September 2019, based on the decision of the

Commercial Court at the Surabaya District Court
(“Surabaya Commercial Court”), PT Tunas Muda Jaya
(“TMJ”), formerly CK's client, was in PKPU.
PT Sanggar Para ahli waris Pengadilan Negeri Balikpapan telah mengeluarkan SSB telah SSB mengikuti
Sarana Almarhum Tone, putusan tanggal 11 Desember 2013 untuk menolak ditetapkan proses
Baja (“SSB”) sehubungan dengan seluruh gugatan penggugat. Atas putusan ini, para sebagai pemilik hukum yang
kepemilikan tanah yang penggugat telah mengajukan memori banding pada hak atas berlaku
berlokasi di Kariangau, tanggal 27 Februari 2014. tanah yang berdasarkan
Balikpapan ke disengketakan. keputusan
Pengadilan SSB menerima pemberitahuan mengenai putusan yang telah
Negeri Balikpapan, banding Pengadilan Tinggi Samarinda pada berkekuatan
menuntut agar tanggal 26 Februari 2015, yang isinya memutuskan hukum tetap
Pengadilan menerima permohonan banding dari penggugat dan tersebut.
mengembalikan membatalkan putusan Pengadilan Negeri Balikpapan
kepemilikan tanah tanggal 11 Desember 2013.
tersebut kepada
mereka dan Pada tanggal 11 Maret 2015, SSB telah mengajukan
memberikan ganti kasasi kepada Mahkamah Agung sebagai respon
rugi sebesar Rp4 atas putusan Pengadilan Tinggi. Mahkamah Agung
miliar (setara dengan telah mengeluarkan keputusan tanggal 23 Maret 2016
AS$307.740,-). untuk menolak permohonan kasasi dari SSB sebagai
pemohon kasasi.
Atas putusan Mahkamah Agung tersebut, SSB telah

mengajukan upaya hukum Peninjauan Kembali melalui
Pengadilan Negeri Balikpapan tanggal 25 Januari
2017. Pada tanggal 13 September 2017, Mahkamah
Agung mengeluarkan putusan Peninjauan Kembali
atas kasus ini yang mengabulkan permohonan SSB.

Risiko yang
DIhadapi dan
Pengaruhnya
Pihak yang terhadap
the Company and
Their Impacts on
the Company
Namun, dikarenakan Putusan Kasasi Mahkamah

Agung tanggal 23 Maret 2016 yang menjadi Pokok
Perkara Pelaksanaan Eksekusi sudah dibatalkan
oleh Mahkamah Agung melalui Putusan Peninjauan
Kembali tanggal 13 September 2017, maka, Penetapan
Pelaksanaan Eksekusi yang menjadi objek dalam
perkara Perlawanan Eksekusi tersebut menjadi Batal
Demi Hukum.
Dengan demikian, secara hukum, apapun putusan

yang timbul terhadap perkara Perlawanan Eksekusi
tersebut tidak akan mempengaruhi Pokok Perkara
yang sudah diputuskan berdasarkan Putusan
Peninjauan Kembali tanggal 13 September 2017.
The heirs of deceased The District Court of Balikpapan issued decision dated SSB has been SSB has taken
Tone, in connection 11 December 2013 decided to reject the claim. On this declared the part in the
with the ownership decision, the plaintiffs have filed an appeal document rightful owner of legal process in
of land located in on 27 February 2014. the land under relation
Kariangau, Balikpapan dispute. to the legally-
to Balikpapan State SSB received notification regarding the appeal decision binding
Court, have requested from the High Court of Samarinda on 26 February 2015, verdict.
the Court to return which decided to accept the appeal from the plaintiffs
the ownership of and cancel the District Court of Balikpapan’s decision
the land to them and dated 11 December 2013.
pay compensation
amounting to Rp4
billion (equivalent to On 11 March 2015, SSB has submitted cassation to the
US$307,740). Supreme Court as the response over the High Court
decision. The Supreme Court issued decision dated
23 March 2016 which decided to reject the appeal of
SSB as the appeal petitioner.
On the Supreme Court’s decision, SSB has filed a judicial

review through the District Court in Balikpapan dated
25 January 2017. On 13 September 2017, the Supreme
Court pronounced its civil review decision on this case
in favor to SSB.
However, because the Supreme Court Cassation

Decision dated 23 March 2016 which was the Principal
of the Execution Case was cancelled by the Supreme
Court through Judicial Review Decision dated
13 September 2017, so, the Determination of Execution
Implementation became the object in the case of the
Execution Resistance becomes null and void.
Therefore, legally, any decision that arises on the case

of Execution Resistance will not affect the Principal
Case which has been decided based on Judicial Review
dated 13 September 2017.

Risiko yang
DIhadapi dan
Pengaruhnya
Pihak yang terhadap
the Company and
Their Impacts on
the Company
PT Tunas H Bustani dkk Penggugat mencabut perkara di pengadilan pada TIA tidak memiliki TIA akan
Inti Abadi mengajukan gugatan 13 Februari 2017 dan melakukan pendaftaran ulang risiko apapun mengikuti
(“TIA”) terhadap TIA atas atas perkara pada tanggal 21 Maret 2017. atas gugatan proses hukum
sengketa kepemilikan yang telah apabila terdapat
tanah seluas 393 ha Pada tanggal 3 Agustus 2017, Pengadilan Negeri Batu dicabut. gugatan hukum
yang terletak di Desa Licin memutuskan untuk memenangkan TIA. Atas yang baru.
Sebamban Baru, putusan tersebut, penggugat menyatakan banding.
Kecamatan Sungai Penggugat telah melakukan pencabutan atas gugatan
Loban, Kabupaten tersebut dan hingga tanggal penyelesaian Laporan
Tanah Bumbu, Provinsi Keuangan Konsolidasian ini, tidak ada informasi
Kalimantan Selatan. adanya gugatan baru dari Penggugat di Pengadilan
Penggugat meminta Negeri Batu Licin.
TIA untuk membayar
kerugian material dan
non-material.
H. Bustani and other The plaintiffs revoked the case on 13 February 2017 and TIA has no risk TIA will
parties filed a case resubmitted it on 21 March 2017. whatsoever pursue legal
against TIA related related to the Proceedings
to the ownership of a On 3 August 2017, the Batu Licin District Court decided withdrawn should there be
393-ha land located in favor TIA. Based on that decision, the plaintiffs filed lawsuit. a new lawsuit.
in Sebamban Baru an appeal. The plaintiffs has revoked their lawsuit and
Village, Sungai Loban until the completion date of this consolidated financial
Subdistrict, Tanah statements, no new lawsuit was submitted to Batu Licin
Bumbu Regency, District Court.
South Kalimantan
Province. The Litigants
requested TIA to pay
a compensation for
material and non-
material losses.
Sanksi Administratif Administrative Sanction
Hingga 31 Desember 2020, baik Perseroan maupun Dewan Until 31 December 2020, neither the Company nor the Board
Komisaris dan Direksi, tidak menerima sanksi administrasi of Commissioners and Board of Directors had received
dalam bentuk apapun. administrative sanctions whatsoever.
Perkara Penting di Luar Aspek Hukum Non-Legal Material Cases
Tidak terdapat informasi terkait perkara penting di luar aspek There was no information on the material litigations outside
hukum yang dihadapi Grup ABM sepanjang tahun 2020. of the legal aspect faced by ABM Group in 2020.

Akses Informasi dan Data Perusahaan

Access to the Company’s Information and Data
Informasi terkait Perseroan dapat diperoleh oleh Information related to the Company can be obtained by
Pemegang Saham dan Pemangku kepentingan lainnya Shareholders and other stakeholders through:
melalui:
Kantor Pusat PT ABM Investama Tbk

: (021) 2997 6767
PT ABM Investama Tbk Head Office
: (021) 2997 6768
: corporate.secretary@abm-investama.co.id
: www.abm-investama.com
Situs web memuat informasi terkait profil Perusahaan, The Company's official website contains information
ikhtisar keuangan, informasi saham, dan informasi regarding the Company's profile, financial summary, stock
korporasi lainnya. information, and other corporate information.
Tata Kelola Informasi dan Akses Data Information Governance and Access to
Perusahaan untuk Pihak Eksternal The Company Data for External Parties
Akses Informasi yang disediakan oleh Perseroan disajikan Access to the information provided by the Company is
melalui beberapa cara berikut. presented through the following methods.
Pengelolaan Situs Web Website Management

Perseroan memiliki situs web resmi yang dapat The Company has an official website that can be accessed
diakses melalui www.abm-investama.com. Informasi via www.abm-investama.com. The information available
yang tersedia dalam situs web tersebut telah on this website is adjusted with OJK Regulation No. 08/
disesuaikan dengan Peraturan Otoritas Jasa Keuangan POJK.04/2015, in two languages, Indonesian and English,
No. 08/POJK.04/2015, yakni menggunakan 2 bahasa, and contains the Company profile, vision and mission,
Bahasa Indonesia dan Inggris, serta memuat tentang business field, product and service offered, financial
profil perusahaan, visi dan misi, bidang usaha, produk information, latest news, Corporate Social Responsibility
dan jasa yang disediakan, informasi keuangan, berita (CSR), information disclosure, etc.
terbaru, tanggung jawab sosial perusahaan, keterbukaan
informasi, dan lain-lain.
Perseroan terus berupaya untuk melakukan peningkatan The Company continues to improve the quality of its
terhadap kualitas situs web yang dimiliki secara berkala website content regularly to provide updated information
guna memberikan informasi termutakhir kepada para to stakeholders as a form of compliance with laws and
pemangku kepentingan serta sebagai wujud kepatuhan regulations. ABM also provides contact numbers, e-mails,
terhadap peraturan perundang-undangan. Selain itu, and correspondence addresses that stakeholders can
ABM juga menyediakan nomor kontak serta alamat surel/ contact.
e-mail dan pos yang dapat dihubungi oleh para pemangku
kepentingan.

Hubungan Media Media Relations

Perseroan melakukan kerja sama dengan media massa The Company cooperates with the mass media in
dalam menyebarluaskan informasi terkait perusahaan. disseminating information related to the Company. ABM's
Rilis media yang dilakukan ABM sepanjang tahun 2020 media releases throughout 2020 include the following.
diungkapkan sebagai berikut.
Tanggal Perihal
Date Subject
30 Januari 2020 Dukung Pertumbuhan Industri Pertambangan, CKB Resmikan Perluasan Gudang Baru di Surabaya
30 January 2020 Supporting the Growth of the Mining Industry, CKB Inaugurated the Expansion of a New Warehouse in Surabaya
18 Februari 2020 Kontraktor Tambang Cipta Kridatama Raih Kontrak Baru dengan Entitas Anak GEMS
18 February 2020 Mining Contractor Cipta Kridatama Won a New Contract from GEMS Subsidiary
10 Maret 2020 Peningkatan Kapasitas SDM - WDP

10 March 2020 Increasing HR – WDP Capacity
1 April 2020 ABM Investama Serahkan Bantuan APD dan Multivitamin untuk Tenaga Medis
1 April 2020 ABM Investama Handed PPEs and Multivitamins for Health Workers
14 April 2020 Sinergi Entitas Anak ABM Bantu APD di Daerah

14 April 2020 ABM Subsidiaries’ Synergy in Donating PPEs in the Regions
24 April 2020 Tunas Inti Abadi dan PT Baruna Dirga Dharma, Grup Usaha ABM Investama yang Terdampak Covid-19 Berikan
24 April 2020 Bantuan Sembako untuk Masyarakat Luar Lingkar Tambang
Tunas Inti Abadi and PT Baruna Dirga Dharma, ABM Investama Group Members Affected by Covid-19 Donated Basic
Goods to the Communities Outside of the Mining Ring
18 Juni 2020 Kinerja Positif, ABM Investama Giat Menambah Kontrak Pertambangan Jangka Panjang
18 June 2020 ABM Investama Recorded a Positive Performance and Added New Long-Term Mining Contracts
25 June 2020 Photo Caption - Terumbu Karang

25 June 2020 Photo Caption - Coral Reef
6 Juli 2020 Photo Caption - Revegetasi

6 July 2020 Photo Caption - Revegetation
10 Agustus 2020 Foto Rilis Pengembangan SDM yang dilakukan CK (Award TOP CSR)
10 August 2020 HR Development in CK (TOP CSR Award)
3 September 2020 Antisipasi Pasar, CKB Group Siapkan SDM dan Teknologi - CKB Group Sukses Selesaikan Proyek Mobilisasi Steel
3 September 2020 Box Girder Jalan Tol Jakarta - Cikampek II Elevated
In Anticipation of the Market, CKB Group Prepares HR and Technology – CKB Group Successfully Completed the
Steel Box Girder Mobilization Project for Jakarta – Cikampek II Elevated Toll Road
13 Oktober 2020 CKB Group Mobilisasi 18 Unit Cat® 777E ke Benua Afrika
13 October 2020 CKB Group Mobilized 18 Units of Cat® 777E to Africa
28 Oktober 2020 ABM Investama Sewa Pesawat Khusus untuk Transportasi Karyawan Komitmen Perusahaan untuk Menjaga
28 October 2020 Keselamatan dan Kesehatan Karyawan yang Bertugas ke Luar Daerah serta Mendukung Pemulihan Ekonomi Nasional
ABM Investama Rented Special Aircraft for Employee Transportation as the Company’s Commitment to Maintaining the
Safety and Health of Employees Performing Their Duties in the Regions and Supporting the National Economic Recovery
9 November 2020 TIA Raih Penghargaan Platinum ISDA 2020

9 November 2020 TIA Won the 2020 ISDA Platinum Award
17 November 2020 CKB Grup Latih Guru untuk Anak Berkebutuhan Khusus
17 November 2020 CKB Group Trained Teachers for Special Needs Children
18 Desember 2020 Kontraktor Tambang Cipta Kridatama Raih Kontrak Baru dengan Entitas Anak Hasnur Group
18 December 2020 Mining Contractor Cipta Kridatama Obtained a New Contract with Hasnur Group’s Subsidiary
21 Desember 2020 CK Dinobatkan Sebagai Pemberi Kerja Terbaik 2020

21 December 2020 CK Named the Best Employer in 2020

Laporan Tahunan dan Laporan Annual Report and Sustainability Report

Keberlanjutan
Perseroan memiliki kewajiban untuk menerbitkan dan The Company issued an Annual Report to be submitted
menyampaikan Laporan Tahunan kepada para pemangku to the Company’s stakeholders. The issuance and the
kepentingan. Hal ini juga merupakan wujud kepatuhan submission of the Annual Report are a form of the
terhadap peraturan perundang-undangan. Selain Laporan Company’s compliance with the regulations. Apart from the
Tahunan, Perseroan juga mempublikasikan Laporan Annual Report, the Company also publishes a Sustainability
Keberlanjutan dalam situs web Perusahaan. Report on the Company's website.
Paparan Publik Public Expose

Paparan publik dilaksanakan dengan menggunakan Public exposes are carried out using the presentation
metode presentasi kepada para pemangku kepentingan, method to stakeholders as well as involving investors to
serta melibatkan pihak investor dalam rangka convey information related to the activities carried out
menyampaikan informasi terkait aktivitas yang dijalankan by the Company. The 2020 Public Expose was held online
Perseroan. Paparan Publik tahun 2020 diselenggarakan once (https://portal.abm-investama.co.id/2020p]publik).
sebanyak 1 kali via online (https://portal.abm-investama. In this event, Management was represented by the Director
co.id/2020paparanpublik). Pada acara tersebut, pihak of Finance, Corporate Secretary, and Investor Relations
Manajemen diwakili oleh Direktur Keuangan, Sekretaris in presenting the results of the Company's performance
Perusahaan, dan Hubungan Investor menyampaikan hasil during the 2019 financial year.
kinerja perusahaan selama tahun buku 2019.
Komunikasi dengan Regulator Communication with Regulators

Perseroan wajib menyampaikan laporan periodik kepada The Company is required to submit periodic reports to OJK.
Otoritas Jasa Keuangan. Laporan tersebut memuat The report contains financial and non-financial information
informasi keuangan dan non-keuangan yang disajikan that is presented thoroughly, accurately, and following
secara lengkap, akurat, dan sesuai dengan prinsip the principles of transparency. In 2020, the Company did
transparansi. Sepanjang tahun 2020, Perseroan tidak not receive any warning from OJK. This proves that ABM
menerima peringatan dari Otoritas Jasa Keuangan. Hal is complying and fulfilling all provisions made by OJK. the
tersebut membuktikan bahwa ABM patuh dan memenuhi Company also communicates with the Indonesia Stock
seluruh ketentuan yang telah dibuat oleh Otoritas Jasa Exchange (IDX) through correspondence. Correspondences
Keuangan. Selain Otoritas Jasa Keuangan, Perseroan between the Company with IDX and OJK in 2020 are
juga melakukan komunikasi dengan Bursa Efek Indonesia presented in the following table.
dengan korespondensi. Korespondensi Perseroan dengan
Bursa Efek Indonesia dan Otoritas Jasa Keuangan selama
tahun 2020 dapat dilihat pada tabel berikut.
Tanggal No. Surat Tujuan Perihal

Date Letter No. Objective Remarks
10 Januari 2020 Otoritas Jasa Keuangan dan ABM-BOD/001/ADJ/I/2020 Permintaan Informasi oleh Emiten dan Perusahaan
10 January 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Desember
Financial Services Authority 2019
and Indonesia Stock Exchange Requests for Information by Issuers and Public
Companies regarding the December 2019 Forex Debt
Report
10 Januari 2020 Otoritas Jasa Keuangan dan ABM-CSC/002/RDN/I/2020 Laporan Bulanan Registrasi Pemegang Efek
10 January 2020 Bursa Efek Indonesia Desember 2019
Financial Services Authority Monthly Report on Securities Holder Registration
and Indonesia Stock Exchange December 2019
27 Januari 2020 Otoritas Jasa Keuangan dan ABM-CSC/003/RDN/I/2020 Permintaan Informasi oleh Emiten dan Perusahaan
27 January 2020 Bursa Efek Indonesia Publik mengenai Tanggapan Surat Otoritas Jasa
Financial Services Authority Keuangan tentang Situs Web
Companies regarding Responses to Financial
Services Authority ‘s Letter on the Website


8 Februari 2020 Otoritas Jasa Keuangan dan ABM-CSC/004/RDN/II/2020 Laporan Bulanan Registrasi Pemegang Efek
8 February 2020 Bursa Efek Indonesia Januari 2020
and Indonesia Stock Exchange January 2020
10 Februari 2020 Otoritas Jasa Keuangan dan ABM-BOD/112/ADJ/II/2020 Permintaan Informasi oleh Emiten dan Perusahaan
10 February 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Januari
Companies regarding the January 2020 Forex Debt
Report
17 Februari 2020 Otoritas Jasa Keuangan dan ABM-CSC/005/RDN/II/2020 Laporan Informasi atau Fakta Material Perolehan
17 February 2020 Bursa Efek Indonesia Kontrak Penting PT Cipta Kridatama
Financial Services Authority Report on Material Information or Facts on the
and Indonesia Stock Exchange Acquisition of Important Contracts of PT Cipta
Kridatama
6 Maret 2020 Otoritas Jasa Keuangan dan ABM-BOD/119/AES/III/2020 Laporan Informasi atau Fakta Material Dampak
6 March 2020 Bursa Efek Indonesia Penerapan PSAK 71, 72, dan 73
Financial Services Authority Material Information or Facts Report on the Impact
and Indonesia Stock Exchange of the Implementation of PSAK 71, 72, and 73
10 Maret 2020 Otoritas Jasa Keuangan dan ABM-BOD/118/ADJ/III/2020 Permintaan Informasi oleh Emiten dan Perusahaan
10 March 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Februari
Companies regarding the February 2020 Forex Debt
Report
10 Maret 2020 Otoritas Jasa Keuangan dan ABM-CSC/006/RDN/ Laporan Bulanan Registrasi Pemegang Efek
10 March 2020 Bursa Efek Indonesia III/2020 Februari 2020
and Indonesia Stock Exchange February 2020
10 April 2020 Otoritas Jasa Keuangan dan ABM-BOD/205/ADJ/IV/2020 Permintaan Informasi oleh Emiten dan Perusahaan
10 April 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Maret 2020
Financial Services Authority Requests for Information by Issuers and Public
and Indonesia Stock Exchange Companies regarding the March 2020 Forex Debt
Report
11 April 2020 Otoritas Jasa Keuangan dan ABM-CSC/007/RDN/ Laporan Bulanan Registrasi Pemegang Efek Maret
11 April 2020 Bursa Efek Indonesia IV/2020 2020
and Indonesia Stock Exchange March 2020
4 Mei 2020 Otoritas Jasa Keuangan dan ABM-BOD/210/ADJ/V/2020 Penyampaian Mata Acara Rapat Umum Pemegang
4 May 2020 Bursa Efek Indonesia Saham Tahunan
Financial Services Authority Submission of the Agenda for the Annual General
and Indonesia Stock Exchange Meeting of Shareholders
8 Mei 2020 Otoritas Jasa Keuangan dan ABM-BOD/214/ADJ/V/2020 Permintaan Informasi oleh Emiten dan Perusahaan
8 May 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas April 2020
and Indonesia Stock Exchange Companies regarding the April 2020 Forex Debt
Report
8 Mei 2020 Otoritas Jasa Keuangan dan ABM-CSC/009/RDN/V/2020 Laporan Bulanan Registrasi Pemegang Efek April
8 May 2020 Bursa Efek Indonesia 2020
and Indonesia Stock Exchange April 2020
12 Mei 2020 Otoritas Jasa Keuangan dan ABM-BOD/217/ADJ/V/2020 Pengumuman RUPS
12 May 2020 Bursa Efek Indonesia Announcement of the GMS
Financial Services Authority
and Indonesia Stock Exchange
15 Mei 2020 Otoritas Jasa Keuangan dan ABM-CSC/011/RDN/V/2020 Penyampaian Bukti Iklan Informasi Laporan
15 May 2020 Bursa Efek Indonesia Keuangan Tahunan
Financial Services Authority Submission of Advertisement Evidence of Annual
and Indonesia Stock Exchange Financial Report Information


27 Mei 2020 Otoritas Jasa Keuangan dan ABM-CSC/013/RDN/V/2020 Penyampaian Laporan Tahunan dan Laporan
27 May 2020 Bursa Efek Indonesia Keberlanjutan
Financial Services Authority Submission of Annual Reports and Sustainability
and Indonesia Stock Exchange Reports
27 Mei 2020 Otoritas Jasa Keuangan dan ABM-BOD/221/ADJ/V/2020 Pemanggilan Rapat Umum Pemegang Saham
27 May 2020 Bursa Efek Indonesia Tahunan
Financial Services Authority Invitation to the Annual General Meeting of
and Indonesia Stock Exchange Shareholders
29 Mei 2020 Otoritas Jasa Keuangan dan ABM-CSC/015/RDN/V/2020 Laporan Informasi atau Fakta Material Dampak
29 May 2020 Bursa Efek Indonesia Covid-19 Mei 2020
Financial Services Authority Report on Information or Material Facts about the
and Indonesia Stock Exchange Impact of Covid-19 May 2020
4 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/016/RDN/VI/2020 Rencana Penyelenggaraan Public Expose Tahunan
4 June 2020 Bursa Efek Indonesia Annual Public Expose Implementation Plan
9 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/017/RDN/VI/2020 Laporan Informasi atau Fakta Material Perubahan
9 June 2020 Bursa Efek Indonesia Tempat Penyelenggaraan Rapat Umum Pemegang
Financial Services Authority Saham Tahunan
and Indonesia Stock Exchange Report on Material Information or Facts on
Changes in Venue for the Annual General Meeting of
Shareholders
9 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/018/RDN/VI/2020 Laporan Bulanan Registrasi Pemegang Efek Mei
9 June 2020 Bursa Efek Indonesia 2020
and Indonesia Stock Exchange May 2020
10 Juni 2020 Otoritas Jasa Keuangan dan ABM-BOD/222/ADJ/ Permintaan Informasi oleh Emiten dan Perusahaan
10 June 2020 Bursa Efek Indonesia VI/2020 Publik mengenai Laporan Hutang Valas Mei 2020
and Indonesia Stock Exchange Companies regarding the May 2020 Forex Debt
Report
15 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/020/RDN/ Laporan Informasi atau Fakta Material Dampak
15 June 2020 Bursa Efek Indonesia VI/2020 Covid-19 Juni 2020
Financial Services Authority Report on Information or Material Facts about the
and Indonesia Stock Exchange Impact of Covid-19 June 2020
15 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/019/RDN/VI/2020 Rencana Penyelenggaraan Public Expose Tahunan
15 June 2020 Bursa Efek Indonesia Annual Public Expose Implementation Plan
17 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/021/RDN/VI/2020 Laporan Informasi atau Fakta Material Perolehan
17 June 2020 Bursa Efek Indonesia Kontrak Penting PT Cipta Kridatama
Financial Services Authority Report on Material Information or Facts on the
and Indonesia Stock Exchange Acquisition of Important Contracts of PT Cipta
Kridatama
19 Juni 2020 Otoritas Jasa Keuangan dan ABM-BOD/223A/BOD/ Ringkasan Risalah Rapat Umum Para Pemegang
19 June 2020 Bursa Efek Indonesia VI/2020 Saham Tahunan
Financial Services Authority Summary of the Minutes of the Annual General
and Indonesia Stock Exchange Meeting of Shareholders
22 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/022/RDN/ Penyampaian Materi Public Expose-Tahunan
22 June 2020 Bursa Efek Indonesia VI/2020 (KOREKSI)
Financial Services Authority Submission of Public Expose Material-Annual
and Indonesia Stock Exchange (CORRECTION)
22 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/023/RDN/ Keterbukaan Informasi Terkait Aksi Korporasi
22 June 2020 Bursa Efek Indonesia VI/2020 Information Disclosure Regarding Corporate Actions
23 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/024/RDN/ Penyampaian Materi Public Expose-Tahunan
23 June 2020 Bursa Efek Indonesia VI/2020 Submission of Public Expose Materials-Annual


23 Juni 2020 Otoritas Jasa Keuangan dan ABM-CSC/025/RDN/ Laporan Hasil Public Expose-Tahunan
23 June 2020 Bursa Efek Indonesia VI/2020 Public Expose Result Report-Annual
30 Juni 2020 Otoritas Jasa Keuangan dan ABM-BOD/346/ADJ/VI/2020 Laporan Evaluasi Terhadap Pelaksanaan Pemberian
30 June 2020 Bursa Efek Indonesia Jasa Audit atas Informasi Keuangan Historis
Financial Services Authority tahunan oleh Akuntan Publik dan/atau Kantor
and Indonesia Stock Exchange Akuntan Publik
Evaluation Report on the Implementation of Audit
Service Provision of Annual Historical Financial
Information by Public Accountant and/or Public
Accounting Firm
1 Juli 2020 Otoritas Jasa Keuangan dan ABM-BOD/345/ADJ/VI/2020 Penunjukan/Perubahan Kantor Akuntan Publik dan/
1 July 2020 Bursa Efek Indonesia atau Akuntan Publik
Financial Services Authority Appointment/Change of Public Accounting Firm and/
and Indonesia Stock Exchange or Public Accountant
1 Juli 2020 Otoritas Jasa Keuangan dan ABM-BOD/345A/ADJ/ Permintaan Penjelasan Emiten dan Perusahaan
1 July 2020 Bursa Efek Indonesia VI/2020 Publik mengenai Akuntan Publik dan/atau Akuntan
Financial Services Authority Publik
and Indonesia Stock Exchange Request for Explanation of Issuers and Public
Companies regarding Public Accountants and/or
Public Accountants
10 Juli 2020 Otoritas Jasa Keuangan dan ABM-CSC/026/RDN/ Laporan Bulanan Registrasi Pemegang Efek Juni
10 July 2020 Bursa Efek Indonesia VII/2020 2020
and Indonesia Stock Exchange June 2020
10 Juli 2020 Otoritas Jasa Keuangan dan ABM-BOD/347/ADJ/ Permintaan Informasi oleh Emiten dan Perusahaan
10 July 2020 Bursa Efek Indonesia VII/2020 Publik mengenai Laporan Hutang Valas Juni 2020
and Indonesia Stock Exchange Companies regarding the June 2020 Forex Debt
Report
15 Juli 2020 Otoritas Jasa Keuangan dan ABM-CSC/027/RDN/ Laporan Informasi atau Fakta Material Dampak
15 July 2020 Bursa Efek Indonesia VII/2020 Pandemik Covid-19 Juli 2020
Financial Services Authority Report on Information or Material Facts on the
and Indonesia Stock Exchange Impact of the Covid-19 July 2020 Pandemic
24 Juli 2020 Otoritas Jasa Keuangan dan ABM-CSC/028/RDN/ Risalah Rapat Umum Para Pemegang Saham
24 July 2020 Bursa Efek Indonesia VII/2020 Tahunan
Financial Services Authority Minutes of the Annual General Meeting of
and Indonesia Stock Exchange Shareholders
3 Agustus 2020 Otoritas Jasa Keuangan dan ABM-CSC/029/RDN/ Penyampaian Bukti Iklan Informasi Laporan
3 August 2020 Bursa Efek Indonesia VIII/2020 Keuangan Interim
Financial Services Authority Submission of Advertisement Evidence of Interim
and Indonesia Stock Exchange Financial Report Information
10 Agustus 2020 Otoritas Jasa Keuangan dan ABM-BOD/360/ADJ/ Permintaan Informasi oleh Emiten dan Perusahaan
10 August 2020 Bursa Efek Indonesia VIII/2020 Publik mengenai Laporan Hutang Valas Juli 2020
and Indonesia Stock Exchange Companies regarding the July 2020 Forex Debt
Report
10 Agustus 2020 Otoritas Jasa Keuangan dan ABM-CSC/030/RDN/ Laporan Bulanan Registrasi Pemegang Efek Juli
10 August 2020 Bursa Efek Indonesia VIII/2020 2020
and Indonesia Stock Exchange July 2020


18 Agustus 2020 Otoritas Jasa Keuangan dan ABM-CSC/032/RDN/X/2020 Laporan Informasi atau Fakta Material Dampak
18 August 2020 Bursa Efek Indonesia Pandemik Covid-19 Agustus 2020
Financial Services Authority Report on Information or Material Facts on the
and Indonesia Stock Exchange Impact of the Covid-19 Pandemic August 2020
8 September Otoritas Jasa Keuangan dan ABM-CSC/033/RDN/ Laporan Bulanan Registrasi Pemegang Efek
2020 Bursa Efek Indonesia IX/2020 Agustus 2020
8 September Financial Services Authority Monthly Report on Securities Holder Registration
2020 and Indonesia Stock Exchange August 2020
8 September Otoritas Jasa Keuangan dan ABM-BOD/366/ADJ/IX/2020 Permintaan Informasi oleh Emiten dan Perusahaan
2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Agustus
8 September Financial Services Authority 2020
2020 and Indonesia Stock Exchange Requests for Information by Issuers and Public
Companies regarding the August 2020 Forex Debt
Report
9 Oktober 2020 Otoritas Jasa Keuangan dan ABM-BOD/370/ADJ/X/2020 Permintaan Informasi oleh Emiten dan Perusahaan
9 October 2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas September
Companies regarding the September 2020 Forex
Debt Report
9 Oktober 2020 Otoritas Jasa Keuangan dan ABM-CSC/034/RDN/X/2020 Laporan Bulanan Registrasi Pemegang Efek
9 October 2020 Bursa Efek Indonesia September 2020
and Indonesia Stock Exchange September 2020
11 November Otoritas Jasa Keuangan dan ABM-BOD/377/ADJ/XI/2020 Permintaan Informasi oleh Emiten dan Perusahaan
2020 Bursa Efek Indonesia Publik mengenai Laporan Hutang Valas Oktober
11 November Financial Services Authority 2020
Companies regarding the October 2020 Forex Debt
Report
11 November Otoritas Jasa Keuangan dan ABM-BOD/377/ADJ/XI/2020 Laporan Bulanan Registrasi Pemegang Efek
2020 Bursa Efek Indonesia Oktober 2020
11 November Financial Services Authority Monthly Report on Securities Holder Registration
2020 and Indonesia Stock Exchange October 2020
11 November Otoritas Jasa Keuangan dan ABM-CSC/036/RDN/ Laporan Bulanan Registrasi Pemegang Efek
2020 Bursa Efek Indonesia XII/2020 November 2020
11 November Financial Services Authority Monthly Report on Securities Holder Registration
2020 and Indonesia Stock Exchange November 2020
11 Desember Otoritas Jasa Keuangan dan ABM-BOD/381/ADJ/ Permintaan Informasi oleh Emiten dan Perusahaan
2020 Bursa Efek Indonesia XII/2020 Publik mengenai Laporan Hutang Valas November
11 December Financial Services Authority 2020
Companies regarding the November 2020 Forex Debt
Report
21 Desember Otoritas Jasa Keuangan dan ABM-CSC/037/RDN/ Laporan Informasi atau Fakta Material Perolehan
2020 Bursa Efek Indonesia XII/2020 Kontrak Penting PT Cipta Kridatama
21 December Financial Services Authority Report on Material Information or Facts on the
2020 and Indonesia Stock Exchange Acquisition of Important Contracts of PT Cipta
Kridatama

Ragam Media Komunikasi dengan Type of Communication Media with

Pemegang Saham dan Pemangku Shareholders and Other Stakeholders
Kepentingan Lainnya
Informasi ragam media komunikasi yang digunakan Information on various communication media utilized by
Perseroan dalam menyampaikan data dan informasi the Company in submitting data and information related
terkait aktivitas operasional, proses usaha, pencapaian to operational activities, business processes, performance
kinerja 2020, serta informasi lain yang mendukung achievements in 2020, and other information that supports
keberlangsungan usaha diungkapkan sebagai berikut. business continuity is disclosed as follows.
Kepada Bentuk
To Forms
Regulator SPEOJK - idxnet, situs web ABM, dan korespondensi surat menyurat
Regulators SPEOJK-idxnet, ABM website, and correspondence via letters
Pemegang Saham Situs web ABM

Shareholders ABM website
Investor Situs web ABM dan korespondensi surat menyurat

Investors ABM website and correspondence via letters
Lembaga Publik Situs web ABM

Public Institutions ABM website
Konsumen Situs web ABM

Consumers ABM website
Karyawan Situs web ABM dan sharepoints

Employees ABM website and Sharepoints
Masyarakat/Umum Situs web ABM

General Public ABM website
Kode Etik
Code of Ethics
Visi, Misi, serta Nilai Inti, dan Budaya Vision, Mission, Core Values, and
Perusahaan sebagai Panglima Corporate Culture as the Chief in Charge
Pedoman Etika dan Perilaku Perusahaan (Code of Ethic The Company's Code of Ethics and Conduct (COEC) serves
and Conduct/COEC) berfungsi sebagai acuan bagi seluruh as a reference for all employees in carrying out business
karyawan dalam menjalankan kegiatan usaha. Maka dari activities. Therefore, ABM is committed to implementing
itu, ABM berkomitmen untuk mengimplementasikan COEC in all lines of the Company's business to achieve the
penerapan COEC di seluruh lini usaha Perseroan objectives of the Vision, Mission, Core Values, and Corporate
guna mencapai tujuan Visi, Misi, Nilai Inti, dan Budaya Culture.
Perusahaan.
Pedoman Etika dan

Visi & Misi Nilai & Sikap Kepemimpinan
Perilaku Perusahaan
Application of the Code of

Vision & Mission Core Values & Leadership Traits
Ethics and Conduct (COEC)

Penerapan COEC Application of COEC
COEC ABM pertama kali diterbitkan pada 31 Januari 2013. ABM’s COEC was published on 31 January 2013. However, in
Seiring dengan situasi dan kondisi terkait GCG, Dewan line with the latest conditions related to GCG, the Board of
Komisaris dan Direksi melakukan pembaruan pada 30 Juni Commissioners and Board of Directors updated the COEC
2017 dan menjadikan COEC sebagai bagian dari Piagam on 30 June 2017 and incorporated it into the Good Corporate
Tata Kelola Perusahaan yang baik (GCG Charter). COEC Governance Charter (GCG Charter). The prevailing COEC
yang berlaku saat ini wajib dipatuhi oleh seluruh insan must be heeded by all members of the Company without
Perseroan, termasuk Entitas Anak dan afiliasi di bawah exception, including subsidiaries and affiliates under the
pengendalian perusahaan. COEC juga berlaku bagi seluruh control of the Company. COEC also applies to all ABM’s
pemangku kepentingan ABM. stakeholders.
Pokok COEC COEC Principles
Pokok COEC mengatur tentang: The Company’s COEC regulates:

1. Pedoman Perilaku Hubungan antara Anggota Grup 1. Code of Conduct on Relationships within ABM Group
ABM; Members;
2. Pedoman Perilaku Hubungan dengan Pemangku 2. Code of Conduct on Relationships with Stakeholders;
Kepentingan;
3. Pedoman Perilaku Keselamatan, Kesehatan Kerja, 3. Code of Conduct on Safety, Occupational Health, and
serta Lingkungan Hidup; Environment;
4. Pedoman Perilaku Perlindungan Aset Perusahaan; 4. Code of Conduct on Corporate Asset Protection;
5. Pedoman Perilaku atas Benturan Kepentingan dan 5. Code of Conduct on Conflicts of Interest and
Gratifikasi; serta Gratification; and
6. Pedoman Perilaku Umum. 6. General Code of Conduct.
Sosialisasi Dissemination
Sosialisasi COEC dilakukan secara berkesinambungan COEC dissemination is carried out on an ongoing basis for all
kepada seluruh insan Perseroan dan para pemangku employees of the Company and stakeholders by observing
kepentingan dengan memperhatikan beberapa hal several things.
dibawah ini.
1. Membangun komitmen bagi seluruh pemangku 1. Building commitment for all stakeholders related to
kepentingan yang terkait dengan ABM; ABM;
2. Menyosialisasikan COEC dalam program orientasi yang 2. Disseminating COEC in orientation programs and
diselenggarakan oleh ABM dan penyegaran secara carrying out periodic refreshments for all employees;
berkala bagi seluruh insan Perseroan; dan and
3. Mengaitkan penerapan etika sebagai bagian tidak 3. Associating the application of ethics as an inseparable
terpisahkan dari praktik bisnis dan penilaian kinerja part of business practice and performance appraisal for
seluruh insan Perseroan. all members of the Company.
Perseroan juga melakukan induksi atau pengenalan kode The Company also conducts new employee induction
etik yang berlaku di lingkungan ABM kepada karyawan baru. where the COEC that applies in ABM Group’s environment
Seluruh karyawan diberi kemudahan dalam mengakses is introduced to them. All employees can easily access
COEC melalui situs web Perseroan bagian Komitmen Kami COEC through the Company's website under the section
> Tata Kelola > Perangkat-Perangkat GCG (https://abm- of Our Commitment > Governance > GCG Tools (https://
investama.com/upload/COEC_ABMM_2018.pdf). abminvestama.com/upload/COEC_ABMM_2018.pdf).

Prinsip Penegakan COEC dan Peraturan COEC and Company Regulations

Perusahaan Enforcement Principle
Prinsip-prinsip dalam upaya penegakan COEC sebagai The principles in COEC enforcement efforts are as follows.
berikut.
1. Kepatuhan 1. Compliance
Setiap anggota ABM taat pada peraturan perundang- Each ABM member must abide by the laws and
undangan dan ketentuan/kebijakan Perseroan. regulations/the Company’s policies.
2. Kejujuran 2. Honesty
Setiap anggota ABM memegang teguh prinsip-prinsip Each ABM member must uphold ethical principles
etika serta kesesuaian antara perkataan dengan and the compatibility between words and actions
perbuatan secara konsisten, terukur, dan terpercaya. consistently, in a measurable and trusted manner.
3. Keselarasan 3. Alignment
Setiap anggota ABM mengantisipasi konflik Each ABM member must anticipate conflicts of interest
kepentingan yang dapat memengaruhi penilaian that may disrupt their independent judgment and
independen dan pengambilan keputusan. decision-making.
4. Nama Baik 4. Good Reputation
Setiap anggota ABM selalu menjaga nama baik Each ABM member must always maintain the Company’s
(corporate image) perusahaan demi menjaga tingkat image to maintain public trust.
kepercayaan masyarakat terhadap keberadaan
Perseroan.
Pelanggaran terhadap Peraturan Perusahan yang Violation of Company Regulations committed by ABM
dilakukan oleh karyawan ABM akan diberikan sanksi berupa employees will result in sanctions in the form of reprimands,
teguran, peringatan tertulis, hingga pemutusan hubungan written warnings, and termination. For employees who wish
kerja. Bagi karyawan yang akan melaporkan pelanggaran to report violations related to COEC violations, they need to
terkait pelanggaran COEC, maka perlu yang bersangkutan discuss this matter with the Human Resources Department,
perlu berdiskusi dengan Departemen Sumber Daya Legal Department, members of the Board of Directors, or
Manusia, Departemen Hukum, anggota Direksi atau Dewan the Board of Commissioners. If the reporter has objections
Komisaris. Apabila pelapor merasa keberatan terhadap to this mechanism, the reporter can take advantage of the
mekanisme tersebut, pelapor dapat memanfaatkan whistleblowing system (WBS) whose security is guaranteed.
whistleblowing system (WBS) yang keamanannya terjamin.
Jumlah pelanggaran pada Peraturan Perusahaan selama The number of violations in the Company Regulations in
tahun 2020 dapat dilihat pada tabel berikut ini. 2020 can be seen in the following table.
Jumlah Selesai di Masih Ditindaklanjuti Tidak

Jenis Pelanggaran Pelaporan Proses In Process Dilanjutkan
Type of Violations Total Finished Proses Observasi Proses Investigasi Not Followed
Reports Processing Process Observation Investigation Process Up Further
Pemerasan
1 1 - - -
Economic Extorsion
Balas Jasa
7 4 - 1 2
Kickbacks
Penyalahgunaan Aset
4 2 - 2 -
Asset Misappropriation
Penyuapan
1 - - 1 -
Bribery
Penipuan dan Penggelapan
3 3 - - -
Fraud and Embezzlement

Jumlah Selesai di Masih Ditindaklanjuti Tidak

Jenis Pelanggaran Pelaporan Proses In Process Dilanjutkan
Type of Violations Total Finished Proses Observasi Proses Investigasi Not Followed
Reports Processing Process Observation Investigation Process Up Further
Penyalahgunaan
Wewenang 2 2 - - -
Abuse of Authority
Gratifikasi
1 1 - - -
Gratuities
Pelanggaran Pedoman
Etika Perusahaan
2 2 - - -
Violation of the Code of
Conduct
Total 21 15 - 4 2
Pakta Integritas
Integrity Pact
Setelah diselenggarakannya GCG Refreshment, maka After the GCG Refreshment is carried out, there is a
dilakukan penandatanganan Pakta Integritas oleh seluruh signing of the Integrity Pact of all participants, consisting
peserta yang hadir, terdiri dari anggota Dewan Komisaris, of members of the Board of Commissioners, Board of
Direksi, komite-komite, dan jajaran lainnya. Pernyataan Directors, Committees, and other ranks. The contents of
Pakta Integritas Perseroan ditunjukkan sebagai berikut. the Company’s Integrity Pact are as follows.
PAKTA INTEGRITAS
Integrity Pact
Dengan ini saya yang bertandatangan di bawah ini menyatakan:
1. Saya telah membaca dan memahami isi Pedoman Etika dan Perilaku (COEC) Perseroan.
2. Saya akan mematuhi COEC dalam upaya meningkatkan dan memaksimalkan hasil pekerjaan untuk kemajuan
Perseroan dan bersedia menerima konsekuensi atas setiap tindakan saya yang bertentangan dengan COEC.
3. Saya tidak sedang atau tidak akan memangku jabatan rangkap sebagai:
a. Pengurus partai politik dan/atau anggota legislatif, yudikatif atau eksekutif, termasuk sebagai kepala daerah/
wakil kepala daerah (mulai tingkatan kepala daerah yang tertinggi hingga yang terendah yaitu kelurahan);
b. Direktur, Komisaris atau pemimpin perusahaan di tempat lain, selain yang telah diberitahukan kepada dan
diizinkan oleh Direksi, Dewan Komisaris, dan/atau Departemen Sumber Daya Manusia.
4. Saya akan selalu menjaga integritas dan menghindari benturan kepentingan yang berpengaruh pada aktivitas
fungsi pengelolaan dan pengawasan operasional Perseroan dan/atau ABM Group.
5. Saya akan selalu bertindak dan bersikap independen demi kepentingan ABM dan/atau ABM Group tanpa melanggar
COEC dan peraturan lain yang berlaku di perusahaan serta peraturan perundang-undangan yang berlaku.
Apabila saya memiliki masalah yang berpotensi melanggar atau merupakan pelanggaran terhadap COEC, saya akan
memberitahukan kepada pihak yang berwenang sebagaimana diatur oleh Perseroan atau peraturan perundang-
undangan yang berlaku.
I hereby declare that:
1. I have read and understood the contents of the Company's Code of Ethics and Conduct (COEC).
2. I will comply with COEC to improve and maximize work results for the betterment of the Company and willing to
accept the consequences for my actions that contradict the Company’s COEC.
3. I am not currently and will not in the future hold a concurrent position as:
a. Administrators of political parties and/or members of the legislative, judiciary, or executive, including as regional
heads/deputy regional heads (starting from the highest level of regional heads to the lowest, namely the head of
sub-district);
b. Directors, Commissioners, or company leaders in other places, other than those already notified to and permitted
by the Board of Directors, the Board of Commissioners, and/or the Human Resources Department.
4. I will always maintain the integrity and avoid conflicts of interest that affect the activities of the management and
operational supervision functions of the Company and/or ABM Group.
5. I will always act independently in the interests of ABM and/or ABM Group without violating COEC and other regulations
applicable in the Company and prevailing regulations.
If I have a problem that has the potential to violate or constitute a violation of COEC, I will notify the authorities as
regulated by the Company or the prevailing regulations.
....................,...............................20....
-----------------------------------------------
Nama / Name :

Gratifikasi dan Kebijakan Anti Korupsi

Anti-Bribery and Corruption Policies
Perseroan berupaya untuk menciptakan keberlangsungan The Company strives to create a healthy going concern that
usaha yang sehat dan terbebas dari tindak kecurangan, is free from fraudulent acts such as corruption, collusion,
seperti korupsi, kolusi, dan nepotisme (KKN), termasuk and nepotism (KKN), including the practice of bribery. Anti-
suap. Kebijakan anti suap dan korupsi menjadi program bribery and corruption policies become a fraud prevention
fraud prevention dalam mencegah terjadinya kecurangan. program in preventing such fraud. This is following by Law
Hal tersebut sesuai dengan Undang-Undang No. 31 Tahun No. 31/1999 and Law No. 20/2001 on the Eradication of
1999 dan Undang-Undang No. 20 Tahun 2001 tentang Corruption.
Pemberantasan Tindak Pidana Korupsi.
Perseroan mengeluarkan Kebijakan Anti Korupsi dan On 3 August 2016, the Company issued Anti-Corruption
Penyuapan pada 3 Agustus 2016 yang berlaku untuk and Bribery Policy that applies to the Company and its
Perseroan dan Entitas Anak, yang bertujuan untuk: Subsidiaries with the following objectives:
1. Menciptakan iklim yang kondusif dan menghindari 1. Create a conducive environment and avoid matters that
hal-hal yang dapat menimbulkan kerugian finansial can cause financial and non-financial losses, including
maupun non-finansial, termasuk hal-hal yang dapat matters that might damage the Company’s image;
merusak citra Perseroan;
2. Membangun suatu kebijakan dan infrastruktur untuk 2. Develop a policy and infrastructure to protect the
melindungi pelapor dari balasan pihak-pihak internal reporter from internal and external retaliation;
maupun eksternal;
3. Mengurangi kerugian yang terjadi karena pelanggaran 3. Reduce losses due to early detection of violations; and
melalui deteksi dini; dan
4. Meningkatkan reputasi Perseroan. 4. Improve the Company’s reputation.

Pada tahun 2020, Perseroan meningkatkan fraud awareness In 2020, the Company has increased fraud awareness
melalui Group of Internal Audit (GIA) yang senantiasa through the Group of Internal Audit (GIA), which continues
menyosialisasikan penggunaan aplikasi “Internal Audit Clinic” to disseminate the utilization of the “Internal Audit Clinic” (IA
(IA Clinic) kepada seluruh karyawan. Sosialisasi tersebut Clinic) application to all employees. The dissemination was
dilakukan dengan kampanye melalui media komunikasi carried out through campaigns via email and articles in the
e-mail dan artikel pada majalah internal Perseroan. IA Clinic Company's internal magazines. IA Clinic can be accessed at
dapat diakses di https://iaclinic.abminvestama.co.id. https://iaclinic.abminvestama.co.id.
Sampai dengan 31 Desember 2020, Perseroan tidak Up to 31 December 2020, the Company had not received
menerima laporan pelanggaran gratifikasi yang dapat any reports of violations of gratification that may harm
merugikan perusahaan atau pihak lain. Perseroan the Company or other parties. The Company received
menerima beberapa laporan terkait pemberian hadiah several reports regarding granting of small gifts given to
kecil yang diberikan kepada manajemen dan karyawan. management and employees. In this regard, the Company
Terkait hal tersebut, Perseroan telah menindaklanjuti had followed up on reports submitted by the concerned
laporan yang juga disampaikan oleh karyawan yang employees.
bersangkutan.
Pada kondisi tertentu, jika penolakan dianggap dapat In certain conditions, if a rejection of gift/reward is
menimbulkan penghinaan, karyawan boleh menerima considered as an insult to the giving party, employees may
hadiah/imbalan dari pihak ketiga dengan syarat wajib receive the gift/reward from the third parties as long as
melapor kepada pihak terkait. they report this to the related parties.
Kebijakan Insider Trading

Insider Trading Policy
Kebijakan terkait insider trading yang berlaku di ABM Policies related to insider trading at ABM are disclosed in
diungkapkan dalam COEC yang menerangkan bahwa setiap the COEC, which states that every member of the Company
insan Perseroan memiliki akses informasi orang dalam who has access to insider or material information, may not
atau bersifat material, tidak boleh menyalahgunakan abuse their position and work, particularly related to:
jabatan dan pekerjaannya, khususnya terkait:
1. Menyampaikan informasi yang dapat mempengaruhi 1. Providing information that may influence investors’
keputusan investor untuk membeli, menjual, atau decisions to buy, sell, or hold back the Company’s
saham Perseroan; dan shares; and
2. Menyampaikan informasi material Perseroan kepada 2. Providing material information of the Company to
orang-orang yang memiliki hubungan istimewa untuk people who have a special relationship to carry out
melakukan tindakan transaksi perdagangan barang/ trade in goods/services transactions with the Company.
jasa kepada perusahaan.
Seluruh informasi Perseroan yang bersifat rahasia dan All confidential and material information of the Company
material hanya dapat dikeluarkan pihak Manajemen can only be released by the management to other parties
kepada pihak lain dengan berpedoman pada Kebijakan based on ABM Information Ownership and Confidentiality
Kepemilikan dan Kerahasiaan Informasi yang dimiliki Policy. All employees are obliged to comply with the policy
ABM. Seluruh karyawan wajib mematuhi dan dikenakan and be subject to sanctions if they are proven to have
sanksi kepada pihak yang terbukti melakukan pelanggaran violated the policy.
terhadap kebijakan tersebut.

Informasi Pemberian Dana untuk Kegiatan Politik

Information on Funding for Political Activities
Sepanjang tahun 2020, Perseroan tidak memberikan dana In 2020, the Company did not provide funds for political
untuk kegiatan politik. Perseroan memiliki kebijakan terkait activities. The Company has a policy regarding the
larangan keterlibatan individu atas nama perusahaan prohibition of individual involvement on behalf of the
dalam kegiatan politik, termasuk memberikan donasi untuk Company in political activities, including in making
kepentingan politik. ABM lebih berfokus pada pemberian donations for political purposes. ABM focuses more on
dana untuk kegiatan sosial sebagai wujud tanggung jawab providing funds for social activities as a form of social
sosial terhadap masyarakat. Informasi terkait pemberian responsibility to society. Information related to funding
dana terhadap kegiatan sosial telah disampaikan dalam for social activities has been presented in the Social
uraian Tanggung Jawab Sosial dalam Laporan Tahunan ini. Responsibility description in this Annual Report.
Pengelolaan Potensi Benturan Kepentingan

Conflict of Interest Management
Perseroan memiliki mekanisme pengelolaan dan pemantauan The Company has a management and monitoring
related party transaction dan material transaction untuk mechanism for related party transactions and material
mencegah terjadinya benturan kepentingan dan melindungi transactions to prevent conflicts of interest and protect the
kepentingan perusahaan dan Pemegang Saham. Sebagai interests of the Company and Shareholders. As a form of the
bentuk komitmen Perseroan terhadap pengelolaan potensi Company's commitment to the management of potential
benturan kepentingan, Perseroan juga telah mengatur conflicts of interest, the Company has regulated conflicts
benturan kepentingan di dalam COEC meliputi: of interest in COEC which include:
1. Insan ABM harus selalu melaporkan aktivitas di luar 1. ABM Employees must always report activities outside
ABM atau bisnis lain dalam bentuk apa pun dan segala ABM or other businesses in any form or relationship that
bentuk hubungan yang memungkinkan terjadinya might create a conflict of interest with ABM;
benturan kepentingan dengan ABM;
2. Setiap insan ABM yang memiliki benturan kepentingan 2. ABM Employees who have a conflict of interest are
dilarang berpartisipasi dalam semua diskusi dan prohibited from participating in all discussions and
proses pengambilan keputusan; decision-making processes;
3. Insan ABM harus membuat persetujuan tertulis 3. ABM Employees must own a written approval from
dari Direktur, Dewan Komisaris, atau SDM sebelum the Board of Director, Board of Commissioners, or HR
menerima posisi di Lembaga Swadaya Masyarakat, before accepting a position in a Non-Governmental
Perusahaan Hukum, atau perusahaan bisnis lainnya; Organization, Legal Company, or other business
dan company; and
4. Insan ABM harus membuat pernyataan komitmen 4. ABM Employees must sign an annual commitment
tahunan terkait hal-hal di atas. statement related to the above.
Sementara itu, sebagai tindak lanjut penilaian ESG, Meanwhile, as a follow-up to the ESG assessment, the
Perseroan berupaya mengelola potensi benturan Company seeks to manage potential conflicts of interest
kepentingan yang mungkin timbul dari adanya transaksi that may arise from transactions with related parties.
dengan pihak berelasi. Perseroan juga senantiasa The Company also continues to transparently disclose
mengungkapkan hubungan transaksi dengan pihak the transaction relationship with related parties in the
berelasi dalam Laporan Keuangan secara transparan. Financial Statements.

Kebijakan Pengadaan Barang dan Jasa

Procurement of Goods and Services Policy
Kewajiban Perseroan terhadap pemasok dan penyedia The Company’s obligations to suppliers and service
jasa diatur dalam dokumen berikut. providers are regulated in the following documents.
1. Code of Ethics Conduct; 1. Code of Ethics and Conduct;
2. Payung Kontrak; dan 2. Contract Umbrella; and
3. Evaluation Matrix-Request for Tender (penilaian 3. Evaluation Matrix - Request for Tender (assessment of
pemilihan pemasok/penyedia jasa). supplier/services provider selection).
ABM juga memiliki beberapa dokumen terkait pengadaan, The Company also has several procurement-related
yaitu: documents, namely:
1. SOP Pengadaan yang mengatur prosedur pengadaan, 1. Procurement SOP that regulates procurement
mulai dari permintaan pengadaan oleh user hingga procedures from procurement requests by users to
evaluasi vendor; vendor evaluations;
2. Kebijakan Peningkatan Kemampuan Vendor yang 2. Vendor Capability Improvement Policy that regulates
mengatur proses evaluasi pelaksanaan kewajiban the process of evaluating the implementation of vendor
vendor terhadap ABM; obligations to ABM;
3. Pakta Integritas; 3. Integrity Pact;
4. Perjanjian Kemitraan; dan 4. Partnership Agreement; and
5. Non-Disclosure Agreement (NDA) yang ditandatangani 5. Non-Disclosure Agreement (NDA) signed by the vendor
oleh direktur vendor. director.
Pemilihan pemasok/penyedia jasa didasarkan pada The selection of suppliers/service providers is based on an
penilaian faktor ekonomi dan non-ekonomi yang diatur assessment of economic and non-economic factors set out
di dalam Evaluation Matrix-Request for Tender. Penilaian in the Evaluation Matrix - Request for Tender. Assessment
terdiri dari 5 aspek non-harga dan 1 aspek harga. consists of 5 non-price aspects and 1 price aspect.
Dokumen Payung Kontrak mengatur hak pemasok Contract Umbrella Documents regulate the rights of
atau penyedia jasa yang harus dipenuhi oleh Perseroan suppliers or service providers that shall be fulfilled by the
dan sebaliknya, termasuk di dalamnya hak pemasok/ Company, and vice versa, including the right of suppliers/
penyedia jasa dalam menerima pembayaran tepat waktu service providers to receive payments on time and submit
dan mengajukan permintaan fasilitas-fasilitas kepada requests for facilities to the Company.
perusahaan.
Procedure Treasury Invoice Payment diterapkan untuk Treasury Invoice Payment Procedure is implemented to
memastikan pembayaran vendor dilaksanakan tepat ensure vendor payments are made on time. In addition, to
waktu. Selain itu, untuk menjamin pemasok/penyedia ensure suppliers/service providers perform their obligations
jasa melakukan kewajibannya sesuai dengan perjanjian, in accordance with the agreement, the Company evaluates
Perseroan melakukan evaluasi 7 indikator kunci yang 7 key indicators that are regulated in the Special Conditions
diatur dalam Syarat-Syarat Khusus Kontrak. Perusahaan of Contract. The Company has also evaluated the fulfillment
pun telah melakukan evaluasi pemenuhan kewajiban of vendor obligations towards the Company.
vendor terhadap Perusahaan.

Sistem Pelaporan Pelanggaran

Whistleblowing System
Perseroan mengimplementasikan sistem pelaporan The Company implements a whistleblowing system (WBS)
pelanggaran atau whistleblowing system (WBS) dalam in order to prevent fraud and deception. The application
rangka mencegah terjadinya tindak kecurangan dan of WBS also aims to develop a well-managed violation
penipuan. Penerapan WBS juga bertujuan untuk reporting system so that it can be used as a foundation
mengembangkan sistem pelaporan pelanggaran yang for the Company to design the necessary evaluations and
terkelola dengan baik sehingga dapat dijadikan fondasi follow-up.
bagi Perseroan untuk merancang evaluasi dan tindak
lanjut yang diperlukan.
Penetapan Sistem Pelaporan Determination of the Violation

Pelanggaran di Lingkup Perusahaan Reporting System in the Company
Perseroan telah menyusun dan menerapkan WBS sejak The Company has compiled and implemented WBS since 1
1 April 2013 melalui Surat Keputusan Dewan Komisaris April 2013 through the Decree of the Board of Commissioners
No. 013/ABM-BOCRES/IV/2013 tentang Pemberlakuan No. 013/ABM-BOCRES/IV/2013 on the Application of Policy
Kebijakan Sistem Pelaporan Pelanggaran (Whistleblowing of the Whistleblowing System (WBS), that applies to all
System, WBS), yang berlaku bagi karyawan Grup ABM. employees of ABM Group. On 16 June 2017, the Company
Pada 16 Juni 2017, Perseroan mengeluarkan kebijakan issued a new policy related to the implementation of WBS
baru terkait penerapan WBS yang disesuaikan dengan that was adjusted to the International Fraud Examiners
Pedoman International Fraud Examiners Manual-2016. Manual-2016.
Keberadaan WBS di lingkup ABM diharapkan dapat The existence of WBS in the scope of ABM is expected to
memberikan manfaat, yaitu: provide benefits, namely:
1. Memiliki fungsi sebagai media penyampaian informasi 1. As a media to deliver important and critical information
penting dan kritis bagi Perseroan kepada pihak yang to parties that must immediately handle it based on
harus segera menanganinya secara aman sesuai WBS principles;
dengan prinsip-prinsip dalam WBS;
2. Membangun sifat dan kesadaran menolak atau 2. Building the nature and awareness of refusing or
menghindari perbuatan pelanggaran, serta komitmen avoiding violations, as well as a commitment to increase
untuk meningkatkan kesediaan melaporkan terjadinya willingness to report violations, which is built on the
pelanggaran, hal mana terbangun dari adanya belief in a confidential and effective reporting system;
kepercayaan terhadap sistem pelaporan yang terjamin
kerahasiaannya dan efektif;
3. Memberikan mekanisme deteksi dini (early warning 3. Providing an early warning system for the possibility of
system) atas kemungkinan terjadinya masalah akibat problems due to a violation;
suatu pelanggaran;
4. Memberikan kesempatan untuk menangani masalah 4. Providing opportunities to deal with violating problem
pelanggaran secara internal terlebih dahulu, sebelum internally beforehand, before expanding into a public
meluas menjadi masalah pelanggaran yang bersifat violation problem;
publik;
5. Mengurangi risiko yang dihadapi organisasi, akibat dari 5. Reducing the risks faced by the organization, as a result
pelanggaran baik dari segi keuangan, operasi, hukum, of violations either in terms of finance, operations,
hubungan dengan pemerintah, keselamatan kerja, dan legal, relationship with the Government, occupational
reputasi; safety, and reputation;

6. Mengurangi biaya dalam menangani akibat dari 6. Reducing costs in dealing with the consequences of
terjadinya pelanggaran; violations;
7. Meningkatkan reputasi Perseroan di mata pemangku 7. Increasing the Company’s reputation in the eyes of
kepentingan, termasuk regulator, dan masyarakat stakeholders, including regulators, and the general
umum; public;
8. Memberikan masukan kepada Perseroan untuk 8. Providing input to the Company to see further the
melihat lebih jauh area kritis dan proses kerja yang critical areas and work processes that have internal
memiliki kelemahan pengendalian internal, serta control weaknesses, and to design necessary corrective
untuk merancang tindakan perbaikan yang diperlukan; actions; and
dan
9. Memotong jalur birokrasi dalam menindaklanjuti 9. Cutting short the bureaucratic path in following up on
adanya dugaan pelanggaran serius yang memerlukan suspected serious violations that require fast action
tindakan cepat. WBS Reporting Scope.
Lingkup Pelaporan WBS WBS Reporting Scope
Jenis dugaan pelanggaran yang dapat dilaporkan, yaitu: Types of alleged violations that can be reported are:
1. Korupsi; 1. Corruption;
2. Kecurangan; 2. Fraud;
3. Ketidakjujuran; 3. Dishonesty;
4. Gratifikasi; 4. Gratuities;
5. Perbuatan melanggar atau terindikasi hukum 5. Acts of violation or indicated criminal law (including
pidana (termasuk pencurian, pemalsuan, penipuan, theft, forgery, fraud, embezzlement, destruction of the
penggelapan, perusakan barang milik Perseroan, Company’s property, environmental damage, mark-
perusakan lingkungan, mark-up, under invoice, ups, under invoices, use violence against employees
penggunaan kekerasan terhadap karyawan atau or leaders, extortion, drug use, harassment, and other
pimpinan, pemerasan, penggunaan narkoba, criminal acts);
pelecehan, dan perbuatan kriminal lainnya);
6. Pelanggaran ketentuan hukum dan/atau peraturan 6. Violations of legal and/or other statutory provisions,
perundang-undangan lainnya, baik yang bersifat perdata both civil and administrative, including but not limited
maupun administratif, termasuk namun tidak terbatas to taxation, labor regulations, regulations relating to
pada peraturan pajak, ketenagakerjaan, peraturan yang licensing, both central and regional, and other similar
menyangkut perizinan, baik pusat maupun daerah, dan violations;
pelanggaran-pelanggaran lainnya yang sejenis;
7. Pelanggaran Pedoman atau prinsip-prinsip Tata Kelola 7. Violations of the Guidelines or the principles of Good
Perusahaan yang Baik (GCG) dan Etika Perusahaan Corporate Governance (GCG) and Company Ethics
atau pelanggaran norma-norma ketertiban umum dan or violations public order and courtesy norms in
kesopanan pada umumnya, termasuk namun tidak general, including but not limited to actions containing
terbatas pada tindakan yang bermuatan benturan conflicting interests, engaging in prohibited activities
kepentingan, terlibat dalam kegiatan-kegiatan yang and other similar violations;
dilarang dan pelanggaran-pelanggaran lainnya yang
sejenis;
8. Perbuatan yang membahayakan keselamatan dan 8. Acts that endanger occupational safety and health,
kesehatan kerja, atau membahayakan keamanan ABM or endanger the security of ABM or its Subsidiaries,
atau Entitas Anak, Manajemen, karyawan ABM, dan Management, ABM employees, and related parties;
pihak-pihak yang terkait;
9. Perbuatan yang dapat menimbulkan kerugian 9. Acts that can cause financial or non-financial losses
finansial atau non-finansial terhadap atau merugikan to or harm the interests or reputation of ABM or
kepentingan atau reputasi ABM atau Entitas Anak; Subsidiaries;

10. Pelanggaran SOP ABM atau Entitas Anak, terutama 10. Violations of SOP ABM or Subsidiaries, especially
terkait dengan pengadaan barang dan jasa, pemberian related to the procurement of goods and services, the
manfaat, dan remunerasi; provision of benefits, and remuneration;
11. Perbuatan yang dapat dikategorikan sebagai aktivitas 11. Acts that can be categorized as money laundering
pencucian uang; serta activities; and
12. Melanggar prinsip dan praktik usaha yang baik yang 12. Violating general business principles and best practices.
berlaku umum.
Media Penyampaian Laporan Dugaan Media Submission of Alleged Violation

Pelanggaran Report
Pihak yang berhak melakukan pelaporan adalah setiap The party entitled to report is any party that is directly or
pihak yang langsung atau tidak langsung terkait dengan indirectly related to the Company, a third party outside of
Perseroan, pihak ketiga di luar ABM atau Entitas Anak yang ABM, or ABM Subsidiary who feels disadvantaged or only
merasa dirugikan atau hanya ingin melaporkan terjadinya wants to report the alleged violation. Reports of alleged
dugaan pelanggaran. Laporan dugaan pelanggaran dapat violations (“Reporters”) can be carried out by the Reporting
dilakukan oleh pelapor melalui surat elektronik atau Entity by email or sending a written report to the media
mengirimkan laporan tertulis ke: below:
Email : wbs.abm@gmail.com Email : wbs.abm@gmail.com

atau or
PT ABM Investama Tbk PT ABM Investama Tbk
Gedung TMT 1, 18th Floor, Suite 1802 Gedung TMT 1 18th Floor, Suite 1802
Jl. Cilandak KKO No. 1 Jl. Cilandak KKO No. 1
Jakarta Selatan, 12560, Indonesia Jakarta Selatan, 12560, Indonesia
U.p. Komisaris Independen/Komite Audit Attn. Independent Commissioner/Audit Committee
Laporan mengenai pelanggaran yang dilakukan oleh Reports on violations committed by WBS officers shall be
petugas WBS harus dikirimkan langsung kepada Komisaris sent directly to the Independent Commissioner or Audit
Independen atau Komite Audit. Committee.
Pihak yang Mengelola Laporan Party Managing Complaint
Pelaksanaan pengelolaan WBS dilakukan oleh pihak yang The implementation of WBS management is carried out by
profesional dan independen, baik dari pihak internal professional and independent parties both from internal
maupun eksternal Perseroan, sehingga hasil yang and external parties of the Company, so that the results
diperoleh objektif dan dapat dipertanggungjawabkan obtained are objective and accountable and free from
serta bebas dari unsur-unsur kepentingan pribadi. Bila elements of personal interest. If it is deemed necessary,
mana dipandang perlu, suatu seleksi atas kandidat yang a selection of candidates who will manage WBS can be
akan mengelola WBS dapat dilakukan. Kandidat yang lolos carried out. Candidates who pass this selection are then
dari seleksi ini kemudian diajukan ke Dewan Komisaris dan submitted to the Board of Commissioners and Board of
Direksi untuk mendapatkan persetujuan. Directors for approval.
Kriteria individu yang bertugas mengelola WBS terdiri dari: Criteria for individuals in charge of managing WBS, include:
1. Mempunyai integritas yang tinggi; 1. Has high integrity;
2. Mempunyai kemampuan untuk melakukan investigasi; 2. Has the ability to conduct investigations;
3. Kemampuan analisa yang tinggi; 3. Has high analytical skills;
4. Kemampuan melakukan penilaian dengan baik (sound 4. Has the ability to make sound judgments;
judgement);

5. Objektif; 5. Objective;
6. Memiliki kemampuan berkomunikasi yang baik; dan 6. Has good communication skills; and
7. Memiliki kemampuan melaksanakan WBS dengan baik. 7. Has the ability to implement WBS properly.
Bila dianggap perlu Dewan Komisaris dapat menunjuk If deemed necessary, the Board of Commissioners can
pihak ketiga untuk menjadi petugas atau menjalankan appoint a third party to become an officer or carry out the
fungsi WBS. WBS function.
Dewan Komisaris, melalui Surat Keputusan No. 024/ABM- The Board of Commissioners, through Decree No. 024/ABM-
RESBOC/ VII/2018 tanggal 05 Juli 2018, telah menunjuk RESBOC/VII/2018 dated 5 July 2018, has appointed the Audit
Komite Audit untuk menjadi Tim Pengelola WBS Perseroan Committee to become the WBS Management Team of the
dengan masa jabatan 2018-2021. Hal ini dilakukan agar Company for length of service 2018-2021. Therefore WBS
pengelolaan laporan melalui WBS di lingkup Perseroan management reports can run effectively. The composition
dapat berjalan dengan efektif. Susunan Tim Pengelola of the Company’s WBS Management Team consists of:
WBS Perseroan terdiri dari:
Ketua : Arief Tarunakarya Surowidjojo Chairperson : Arief Tarunakarya Surowidjojo
Anggota : Andradiet I J Alis Member : Andradiet I J Alis
Anggota : Setiawan Kriswanto Member : Setiawan Kriswanto
Perlindungan bagi Pelapor Protection For Whistleblower
Perseroan akan melindungi dan memberikan perlindungan The Company will protect and provide protection to the
kepada pelapor yang beritikad baik beserta keluarganya. Whistleblowers who have good intentions and their families
Perseroan akan patuh terhadap segala peraturan and the Company will comply with all relevant regulations
perundang-undangan yang terkait serta best practices and best practices applicable in WBS implementation.
yang berlaku dalam penyelenggaraan WBS.
ABM memberikan perlindungan kepada pelapor dari The Company provides protection to the Reporter from
ancaman fisik dan psikis, seperti: physical and psychological threats, including:
1. Pemecatan yang tidak adil dan tidak beralasan; 1. Unfair and unreasonable dismissal;
2. Penurunan jabatan atau pangkat yang tidak beralasan; 2. Demotion in position or rank and unreasonable;
3. Pelecehan atau diskriminasi dalam segala bentuknya; 3. Harassment or discrimination in all its forms;
4. Catatan yang merugikan dalam file Perseroan yang 4. Adverse records in Company files on personal data
menyangkut data pribadi pelapor (personal file record); (personal file record); and
dan
5. Tekanan atau ancaman dari pihak terlapor dengan 5. Providing communication channels without meeting
memberikan jalur komunikasi tanpa bertatap muka the reported in person, at each level of violation
dengan terlapor, pada setiap tingkat pemeriksaan examination.
pelanggaran.
Untuk mencegah penyalahgunaan WBS, Perseroan To prevent misuse of WBS, the Company will impose
akan memberikan sanksi atau hukuman bagi pelapor sanctions or punishments for Reporters of violations that
pelanggaran yang terbukti melakukan fitnah atau laporan are proven to have committed libel or false reports. The
palsu. Dalam memberikan perlindungan terhadap Company in providing protection for the Reporting Entity
pelapor, Perseroan dapat bekerja sama dengan lembaga can cooperate with authorized Government institutions by
pemerintah yang berwenang dengan merujuk kepada referring to the laws and regulations on the Protection of
peraturan perundang-undangan tentang Perlindungan Reporters and Witnesses.
Pelapor dan Saksi.

Penanganan Pengaduan yang Masuk melalui Saluran WBS

Handling Complaints Submitted through WBS Channels
Keputusan Dewan Komisaris

(penindakan, perbaikan sistem, atau penutupan kasus).
Decision of the Board of Commissioners

(prosecution, system improvement, or case closure).
Rekomendasi oleh Tim Pengelola

WBS kepada Dewan Komisaris.
Recommendation by the WBS Management

Team to the Board of Commissioners.
Tindak lanjut investigasi jika pengaduan Ditutup jika pengaduan tidak terbukti/
terbukti/memenuhi ketentuan WBS. tidak memenuhi ketentuan WBS.
Follow-up investigation if the complaint Closed if the complaint is not proven/

is proven/meets the WBS requirements. does not meet the WBS requirements.
Tim Pengelola WBS ABM

• Menerima laporan yang masuk melalui saluran WBS Perusahaan;
• Melakukan evaluasi atas laporan yang masuk terkait pemenuhan ketentuan WBS.
ABM’s WBS Management Team

• Receive incoming reports through the Company’s WBS channel;
• Evaluate incoming reports related to compliance with WBS provisions.
Berdasarkan skema tersebut, langkah penanganan Under this scheme, the steps for handling complaints by the
pengaduan yang dilakukan Tim Pengelola WBS diuraikan WBS Management Team are described as follows.
sebagai berikut.
1. Melakukan pencatatan atau registrasi atas laporan 1. Record or register the incoming WBS report; and
WBS yang masuk; dan
2. Melakukan evaluasi atas laporan yang masuk berdasarkan 2. Evaluate the incoming report based on the evidence
bukti-bukti yang diperoleh dan dibuat rekomendasi untuk obtained and make recommendations to be
dilakukan investigasi atau dinyatakan tidak memenuhi investigated or declared not to be investigated as it
ketentuan-ketentuan WBS, untuk kemudian laporan does not meet the WBS requirements, then the report
ditutup. Jika ditindaklanjuti dengan investigasi, maka is closed. If followed up with an investigation, the WBS
Tim Pengelola WBS menyampaikan perkembangannya Management Team submits its developments to the
kepada Dewan Komisaris. Selanjutnya, Dewan Board of Commissioners. Furthermore, the Board of
Komisaris menerbitkan Surat Keputusan yang berisikan Commissioners issues a Decree containing the action,
penindakan, perbaikan sistem, atau penutupan kasus. system improvement, or a decision to close the case.
Dalam rangka pelaksanaan program Fraud Awareness yang In the framework of implementing the Fraud Awareness
dimulai awal tahun 2015, perusahaan-perusahaan dalam program which began in early 2015, companies in the
Grup ABM telah melakukan Anti-Fraud Campaign (AFC) ABM Group have conducted an Anti-Fraud Campaign
melalui serangkaian aktivitas sosialisasi, baik di ABM maupun (AFC) through a series of socialization activities, both at
di seluruh Entitas Anak ABM (head office maupun di site). ABM and across all ABM Subsidiaries (head office and on

Selain itu, media komunikasi, seperti desktop wallpaper, site). In addition, communication media, such as desktop,
banner, Inside Magazine dan Majalah CK, serta Cerita Kita wallpaper, and banner provide space for parties associated
memberikan ruang kepada pihak terkait dengan perusahaan- with companies in the ABM Group to play an active
perusahaan dalam Grup ABM untuk berperan aktif dalam role in increasing oversight of the Company’s business
meningkatkan pengawasan terhadap proses bisnis Perseroan processes and supervision of other ABM related parties for
dan pengawasan terhadap pihak terkait ABM lainnya atas irregularities and suspected violations that are detrimental
terjadinya penyimpangan dan dugaan perbuatan pelanggaran to the interests of the ABM Group (fraud).
yang merugikan kepentingan Grup ABM (fraud).
Selain itu, Perseroan juga mengatur kebijakan melalui WBS In addition, the Company also regulates policies through
Policy terkait penanganan pengaduan pelanggaran yang WBS Policy related to handling complaints of violations
melibatkan Dewan Komisaris dan Direksi sebagaimana involving the Board of Commissioners and Board of
diuraikan berikut. Directors as described below.
1. Pengaduan mengenai dugaan pelanggaran yang 1. Complaints on alleged violations committed by
dilakukan oleh anggota Dewan Komisaris yang tidak members of the Board of Commissioners who are
merangkap sebagai Ketua Komite Audit diajukan not concurrently Chair of the Audit Committee are
kepada Ketua Komite Audit; submitted to the Chairperson of the Audit Committee;
2. Pengaduan mengenai dugaan pelanggaran yang 2. Complaints on alleged violations committed by members
dilakukan oleh anggota Dewan Komisaris yang of the Board of Commissioners who are concurrently
merangkap sebagai Ketua Komite Audit diajukan Chair of the Audit Committee are submitted to the
kepada Komisaris Utama; President Commissioner;
3. Pengaduan mengenai dugaan pelanggaran yang 3. Complaints on suspected violations committed by the
dilakukan oleh Komisaris Utama disampaikan kepada President Commissioner are submitted to the Chair of
Ketua Komite Audit; the Audit Committee;
4. Pengaduan mengenai dugaan pelanggaran yang 4. Complaints on alleged violations committed by
dilakukan oleh anggota komite baik yang merangkap committee members whether concurrently as members
sebagai anggota Direksi atau tidak diajukan melalui of the Board of Directors or not submitted through a
proses pelanggaran umum; general violation process;
5. Pihak yang menerima laporan dugaan pelanggaran 5. The party receiving the alleged violation report within a
dalam jangka waktu selambat-lambatnya 10 hari period of no later than 10 working days after receiving
setelah hari kerja wajib menyerahkan laporan kepada the alleged violation report is required to submit a report
Tim Pengelola WBS dan berdasarkan laporan tersebut, to the WBS Management Team and to the Report the
tim akan melakukan investigasi sendiri atau apabila WBS Team will conduct it themselves, or if necessary,
perlu menunjuk pihak ketiga yang independen yang appoint an independent third party to conduct an
hasilnya wajib dilaporkan kepada Tim Pengelola WBS; investigation that is required to report the investigation
results to the WBS Management Team;
6. Tim Pengelola WBS dalam jangka waktu selambat- 6. WBS Management Team within a period of no later than
lambatnya 7 hari kerja setelah menerima laporan 7 working days after receiving the investigation report
investigasi wajib menerbitkan rekomendasi kepada results must issue a recommendation to the Board of
Dewan Komisaris untuk menindaklanjuti hasil investigasi; Commissioners to follow up on the investigation results;
7. Setelah menerima rekomendasi selambat-lambatnya 7. After receiving a recommendation within a period of no
10 hari kerja, Dewan Komisaris wajib menerbitkan later than 10 working days, the Board of Commissioners
keputusan untuk menindaklanjuti rekomendasi yang must issue a decision of the Board of Commissioners
diterima. Keputusan yang dibuat sebagai berikut. to follow up on the recommendations received. The
decisions made are as follows.
a. Keputusan Dewan Komisaris untuk melakukan a. The decision of the Board of Commissioners to take
tindak lanjut/perbaikan sistem atas dugaan action/ improve the system of the alleged violations
pelanggaran terbukti atau terdapat potensi is proven or there is a potential violation committed
pelanggaran yang dilakukan oleh anggota Dewan by members of the Board of Commissioners. This
Komisaris. Keputusan Dewan Komisaris ini dapat decision of the Board of Commissioners can be in
berupa rekomendasi yang ditujukan kepada the forms of recommendations addressed to the

RUPS Perseroan, atau diputuskan sendiri oleh GMS of the Company, or decided by the Board of
Dewan Komisaris tanpa melibatkan anggota Commissioners itself without involving the reported
Dewan Komisaris yang dilaporkan; member of the Board of Commissioners;
b. Keputusan Dewan Komisaris untuk melakukan b. The decision of the Board of Commissioners to take
tindak lanjut/perbaikan sistem atas dugaan action/ improve the system of the alleged violations
pelanggaran terbukti atau terdapat potensi is proven or there is a potential violation committed
pelanggaran yang dilakukan oleh terlapor yang by the reported party who is not Member of the
bukan Anggota Dewan Komisaris, dilakukan sendiri Board of Commissioners, is carried out by the Board
oleh Dewan Komisaris; of Commissioners itself;
c. Keputusan Dewan Komisaris yang menutup kasus c. The decision of the Board of Commissioners that
karena laporan tidak memenuhi ketentuan WBS closes the case because the report does not meet
atau hasil investigasi tidak membuktikan terjadinya WBS provisions or the investigation results do not
pelanggaran; dan prove the occurrence of violation; and
8. Surat keputusan atas tindak lanjut/usulan perbaikan 8. Decision letter of the prosecution/proposed system
sistem wajib ditindaklanjuti paling lambat 30 hari sejak improvement must be followed up no later than 30 days
tanggal keputusan. from the date of decision.
Jumlah Laporan WBS Tahun 2020 serta Total WBS Reports in 2020 and Their
Tindak Lanjutnya Follow-Up
Jumlah pengaduan laporan pelanggaran yang diterima The number of complaints of violation reports received by
oleh Tim WBS selama tahun 2020 sebanyak 23 kasus the WBS Team during 2020 was 23 cases, with the following
dengan rincian sebagai berikut. details.
1. 17 kasus (73,91%) telah selesai ditindak-lanjuti; dan 1. 17 cases (73.91%) have been followed up; and
2. 6 kasus (26,09%) sedang dalam proses pemeriksaan. 2. 6 cases (26.09%) are in the process of being examined.
Sepanjang tahun 2020, terdapat 23 kegiatan audit dengan Throughout 2020, a total of 23 audit activities with specific
tujuan tertentu yang dilaksanakan sebagai tindak lanjut objectives were carried out as a follow-up to the violation/
dari pelaporan pelanggaran yang diterima. Kegiatan ini whistleblowing reports received. This activity was aimed at
bertujuan untuk mengungkap dugaan pelanggaran atau revealing suspected violations or fraudulent activities that
kecurangan yang terjadi dalam aktivitas operasional di occurred in the operational activities within the Company,
lingkungan Perseroan, berdasarkan hasil dari proses audit and based on the results of the audit process 17 cases had
17 kasus telah selesai ditindaklanjuti dengan baik. been followed up properly.

Transparansi Praktik Bad Governance

Transparency of Bad Governance Practices
Laporan atas Aktivitas Perusahaan Disclosure on the Company’s Activities

yang Mencemari Lingkungan that Pollute the Environment
Penilaian ESG menunjukkan bahwa skor yang diperoleh The ESG assessment shows that the scores obtained
Perseroan terkait emisi karbon dan tekanan air masih by the Company regarding carbon emissions and water
di bawah rata-rata standar industri. Kondisi tersebut pressure were still below the industry standard average.
menandakan bahwa emisi karbon yang dihasilkan masih This condition indicates that the resulting carbon emission
relatif tinggi serta masih terbatasnya pengelolaan remained relatively high and the water usage management
penggunaan air yang dilakukan Perseroan. Informasi terkait carried out by the Company is still poor. Information
hal tersebut diungkapkan pada bab Tanggung Jawab Sosial related to this is provided in the Corporate Social and
dan Lingkungan Perusahaan dalam Laporan Tahunan ini Environmental Responsibility chapter in this Annual Report
serta Laporan Keberlanjutan Perseroan tahun 2020. and the Company's Sustainability Report for 2020.
Pengungkapan Pemenuhan Kewajiban Disclosure on Fulfillment of Tax

Perpajakan Obligations
Sepanjang tahun 2020, Perseroan telah memenuhi In 2020, the Company had fulfilled its tax obligations. The
kewajiban perpajakan. Total pajak yang dibayarkan oleh total tax paid by ABM amounted to AS$23,67 million.
ABM sebesar AS$23,67 juta.
Ketidaksesuaian Penyajian Laporan Discrepancy in Presentation of Annual

Tahunan dan Laporan Keuangan Reports and Financial Statements with
dengan Peraturan yang Berlaku dan Applicable Regulations and Financial
Standar Akuntansi Keuangan (SAK) Accounting Standards (SAK)
Penyajian dan pengungkapan Laporan Keuangan Presentation and disclosure of the Consolidated Financial
Konsolidasian per 31 Desember 2019 dan 31 Desember 2020 Statements as of 31 December 2019 and 31 December 2020
yang telah diaudit oleh Kantor Akuntan Publik Purwantono, that have been audited by the Public Accounting Firm
Sungkoro & Surja yang disusun dan disesuaikan dengan Purwantono, Sungkoro & Surja prepared following Financial
Standar Akuntansi Keuangan (SAK) di Indonesia, mencakup Accounting Standards (SAK) in Indonesia, including
Pernyataan Standar Akuntansi Keuangan (PSAK) dan Statement of Financial Accounting Standards (PSAK) and
Interpretasi Standar Akuntansi Keuangan (ISAK) yang Interpretation of Accounting Standards Finance (ISAK)
dikeluarkan oleh Dewan Standar Akuntansi Keuangan issued by the Financial Accounting Standards Board of
Ikatan Akuntan Indonesia dan Dewan Standar Akuntansi the Indonesian Institute of Accountants and the Islamic
Syariah Ikatan Akuntan Indonesia, serta Peraturan Accounting Standards Board of the Indonesian Institute of
No. VIII.G.7 tentang Penyajian dan Pengungkapan Laporan Accountants, and Regulation No. VIII.G.7 on Presentation
Keuangan Emiten atau Perusahaan Publik yang diterbitkan and Disclosure of Issuers or Public Companies Financial
oleh Otoritas Jasa Keuangan. Statements issued by OJK.

Kasus Terkait dengan Buruh dan Cases Related to Labor and Employees
Karyawan
Sepanjang 2020, tidak ditemukan adanya kasus terkait Throughout 2020, the Company did not encounter any
dengan buruh dan karyawan, baik di lingkungan ABM cases related to labor and employees within ABM and its
maupun Entitas Anak. subsidiaries.
Pengungkapan Segmen Operasi pada Disclosure of Operating Segments in

Laporan Keuangan Financial Statements
Sebagaimana tercantum dalam PSAK No. 5 (Penyesuaian As stated in SFAS No. 5 (2015 Adjustment) on Operating
2015) tentang Segmen Operasi dan untuk kepentingan Segments and for the benefit of management, the Company
manajemen, Perseroan telah melaksanakan pelaporan has conducted operating segment reporting in the form
segmen operasi dalam bentuk pengelompokan (segmen) of business segments in the Financial Statements, as
jenis usaha dalam Laporan Keuangan, seperti yang telah presented in Note No. 31 to the 2019 Audited Financial
disampaikan dalam Laporan Keuangan Audit Tahun 2020 Statements.
Catatan No. 31.
Jasa
Segmen Operasi
Services
(PSAK No. 5 Penyesuaian 2015), Segmen Primer
Catatan 31 Laporan Keuangan (berdasarkan jenis usaha)
Audit 2020
Pabrikasi
Manufacturing
Operating Segment
(PSAK No. 5 Adjustment to 2015), Primary Segment
Note 31 of 2020 Audited Financial (based on types of business) Kontraktor Tambang
Statements dan Tambang Batu Bara
Mining Contractor and Coal Mining
Kesesuaian Buku Laporan Tahunan dan Conformity of the Annual Report with
Laporan Tahunan Digital the Digital Annual Report
Laporan digital telah diberikan kepada pemangku Digital reports have been submitted to stakeholders
kepentingan melalui situs web Perseroan dan telah through the Company's website and have been adjusted to
disesuaikan dengan buku Laporan Tahunan yang dicetak the Annual Report that is printed and published. The report
dan diterbitkan. Laporan tersebut dapat diakses pada can be accessed via https://abm-investama.com/menu/15/
https://abm-investama.com/menu/15/annual-report. annual-report.

Penerapan Pedoman Tata Kelola

Perusahaan Terbuka
Implementation of Good Corporate Governance Guidelines
for Public Companies
Penerapan GCG Perseroan telah disesuaikan dengan The implementation of the Company's GCG has been
Pedoman Tata Kelola Perusahaan Terbuka yang telah adjusted to the GCG Guidelines for Public Companies as
diatur dalam Surat Edaran Otoritas Jasa Keuangan No. 32/ stipulated in OJK Circular No. 32/SEOJK.04/2015. The
SEOJK.04/2015. Penerapan pedoman tersebut diuraikan implementation of these guidelines is described as follows.
sebagai berikut.
Aspek/Prinsip/Rekomendasi
No. Aspect/Principle/
Status Sarana Keterangan
Status Mechanism Remarks
Recommendation
Hubungan Perusahaan Terbuka dengan Pemegang Saham dalam Menjamin Hak-Hak Pemegang Saham
I.
Relationship of Public Company with Shareholders in Ensuring Shareholders’ Rights
Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
1.
Improving the Value of Implementation of General Meeting of Shareholders (GMS)
Perusahaan Terbuka memiliki √ Tata cara RUPS Perseroan mengatur tata cara RUPS yang diberikan kepada
cara atau prosedur teknis GMS seluruh pemegang saham yang hadir. Tata cara itu mencakup
pengumpulan suara (voting), Procedures peraturan terkait pemungutan suara tertutup melalui kartu
baik secara terbuka maupun suara yang diberikan kepada para pemegang saham. Informasi
tertutup yang mengedepankan terkait tata cara tersebut tersedia pada situs web Perseroan
independensi, dan kepentingan bagian Untuk Investor > RUPS (Rapat Umum Pemegang
Pemegang Saham. Saham).
The Public Company has a means The Company regulates the procedure for the GMS, which
or technical procedure for voting is given to all shareholders present. The procedure includes
both open and closed voting regulations relating to closed voting through ballots given
mechanisms that uphold the to shareholders. Information related to these procedures is
independence and interest of available on the Company's website under the section of For
shareholders Investors > GMS (General Meeting of Shareholders).
Seluruh anggota Direksi dan x Daftar RUPS Tahunan 2020 tidak dihadiri oleh Rahmat Mulyana
anggota Dewan Komisaris Kehadiran di Hamami (Komisaris Utama) dan Mivida Hamami (Komisaris).
Perusahaan Terbuka hadir dalam RUPS Namun, kuasa yang dimiliki kedua anggota Dewan Komisaris
RUPS Tahunan. GMS tersebut telah dilimpahkan kepada anggota Dewan Komisaris
All members of the Board Attendance lainnya yang hadir melalui Surat Kuasa. Informasi terkait daftar
of Directors and Board of Record hadir yang sah tersedia pada situs web Perseroan bagian
Commissioners of the Public Untuk Investor > RUPS (Rapat Umum Pemegang Saham).
Company attend the Annual GMS. The 2020 Annual GMS was not attended by Rahmat Mulyana
Hamami (President Commissioner) and Mivida Hamami
(Commissioner). However, their authority as two members of the
Board of Commissioners was delegated to other members of the
Board of Commissioners who were present through a Power of
Attorney. Information on the attendance record is available on
the Company's website under the section of for Investors > GMS
(General Meeting of Shareholders).
Ringkasan risalah RUPS tersedia √ Situs Web Ringkasan risalah RUPS tersedia di situs web Perseroan
dalam situs web Perusahaan Website sejak 2012. Informasi risalah RUPS tersedia pada situs web
Terbuka paling sedikit selama 1 Perseroan bagian Untuk Investor > RUPS (Rapat Umum
tahun. Pemegang Saham).
Summary of GMS minutes of the A summary of the minutes of the GMS has been made available
meeting is provided on the Public on the Company’s website since 2012. Information on the GMS
Company website for at least one minutes is available on the Company's website under the section
year. of for Investors > GMS (General Meeting of Shareholders).

Recommendation
Meningkatkan Kualitas Komunikasi Perusahaan Terbuka dengan Pemegang Saham atau Investor
2.
Increasing the Quality of Communications between Public Company and Shareholders/Investors
Perusahaan Terbuka memiliki √ Kebijakan ABM memiliki kebijakan menyeluruh mengenai tata cara
suatu kebijakan komunikasi Komunikasi komunikasi internal dan eksternal bagi seluruh karyawan ABM.
dengan Pemegang Saham atau Communication Kebijakan tersebut tercantum dalam Surat Keputusan Direksi
investor. Policy No. ABM-SOP-JKT-COM-01 tanggal 31 Maret 2016. Kebijakan
The Public Company has a komunikasi dengan pemegang saham atau investor telah
communications policy with the disahkan secara terpisah melalui Surat Keputusan Direksi
shareholders or investors. No. 002/ABM-RES-DIR/III/2017 di bulan Maret 2017.
ABM has a comprehensive policy on internal and external
communication procedures for all its employees. The policy is
stated in the Decree of the Board of Directors No. ABM-SOP-
JKT-COM-01 dated 31 March 2016. The communication policy
with shareholders or investors was approved separately through
the Decree of the Board of Directors No. 002/ABM-RES-DIR/
III/2017 in March 2017.
Perusahaan Terbuka √ Situs Web Kebijakan komunikasi Perseroan telah dipublikasikan pada
mengungkapkan kebijakan Website situs web Perseroan bagian Komitmen Kami > Tata Kelola >
komunikasi Perusahaan Terbuka Informasi Pemegang Saham > Kebijakan ABM.
dengan Pemegang Saham atau The Company's communication policy has been published on
investor dalam situs web. the Company's website under the section of Our Commitment s>
The Public Company discloses Governance> Shareholder Information> ABM Policy.
its communications policy to the
shareholders or investors on the
website
Fungsi dan Peran Dewan Komisaris
II.
Functions and Roles of the Board of Commissioners
Memperkuat Keanggotaan dan Komposisi Dewan Komisaris
3.
Strengthening the Membership and Composition of the Board of Commissioners
Penentuan jumlah anggota Dewan √ Kebijakan Dalam Kebijakan Board & Management, ABM mengatur
Komisaris mempertimbangkan Board & penentuan struktur anggota Dewan Komisaris berdasarkan
kondisi Perusahaan Terbuka. Management besarnya kegiatan usaha, peraturan perundang-undangan,
Determination of the number Board & serta struktur kepemilikan. Kebijakan ini bertujuan untuk
of members of the Board of Management mengatur struktur anggota Dewan Komisaris di Grup ABM,
Commissioners by taking into Policy sehingga semua anak perusahaan memiliki standar yang sama.
account the conditions of the Pada saat ini, Dewan Komisaris ABM terdiri dari Komisaris
Public Company. Utama, 1 anggota Komisaris dan 1 orang Komisaris Independen.
Jumlah anggota Dewan Komisaris disesuaikan dengan kondisi
kinerja ABM serta keahlian dan pengalaman sehingga dapat
menjalankan fungsi pengawasan terhadap Direksi.
In the Board & Management Policy, ABM regulates the
determination of the structure of the members of the Board
of Commissioners based on the size of business activities,
legislation, and ownership structure. This policy aims to regulate
the structure of the members of the Board of Commissioners in
ABM Group so that all subsidiaries possess the same standards.
Currently, the Board of Commissioners of ABM consists of the
President Commissioner, 1 Commissioner, and 1 Independent
Commissioner. The number of members of the Board of
Commissioners is adjusted to ABM’s performance and their
expertise and experience so that the Board of Commissioners
can adequately supervise the Board of Directors.

Recommendation
Penentuan komposisi anggota √ Pedoman Kerja Penentuan anggota Dewan Komisaris telah diatur dalam
Dewan Komisaris memperhatikan Dewan Pedoman Kerja Dewan Komisaris dan Direksi. Komposisi
keberagaman keahlian, Komisaris dan anggota Dewan Komisaris telah disesuaikan dengan
pengetahuan, dan pengalaman Direksi serta keahlian, pengetahuan, dan pengalaman yang dibutuhkan
yang dibutuhkan. Kebijakan untuk menjalankan fungsi pengawasan terhadap Direksi
Determination of the composition Board & secara menyeluruh. Hal ini dapat terlihat keberagaman pada
of members of the Board of Management komposisi Dewan Komisaris ABM yang telah diuraikan pada
Commissioners takes into account Guidelines profil masing-masing Dewan Komisaris dan Direksi.
the conditions of the public of Board of The determination of the members of the Board of
company. Commissioners Commissioners is stipulated in the Work Guidelines for the Board
and Board of Commissioners and the Board of Directors. The composition
of Directors of the members of the Board of Commissioners considers the
and Board & expertise, knowledge, and experience of each member needed
Management to adequately supervise the Board of Directors as a whole. This
Policy is reflected in the diversity in the composition of ABM’s Board
of Commissioners that has been described in the profile of
each member of the Board of Commissioners and the Board of
Directors.
Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris
4.
Improving the Quality of Implementation of Duties and Responsibilities of the Board of Commissioners
Dewan Komisaris mempunyai √ Piagam Komite Ketentuan mengenai penilaian sendiri (self-assessment)
kebijakan penilaian sendiri (self- Nominasi dan tercantum dalam Piagam Komite Nominasi dan Remunerasi
assessment) untuk menilai kinerja Remunerasi yang disusun pada tahun 2016. Pada tahun 2017, anggota
Dewan Komisaris. Nomination and Dewan Komisaris telah mengisi self-assessment dan telah
The Board of Commissioners has a Remuneration berjalan sepanjang 2018 dan seterusnya. Dalam rangka
self-assessment policy to evaluate Committee mewujudkan fungsi Dewan Komisaris yang efektif, diperlukan
its performance Charter pejabat yang kompeten, dengan komposisi, struktur, proses
dan cakupan tugas dan tanggung jawab yang sesuai. Jika hal
tersebut terpenuhi maka akan tercipta dinamika dalam rapat
Dewan Komisaris sehingga mampu menetapkan keputusan-
keputusan yang sesuai dengan kepentingan organisasi
sehingga tercapai kinerja yang lebih baik.
Mekanisme self-assessment Dewan Komisaris yang berlaku di

ABM memungkinkan setiap anggotanya menilai keterlibatan
dan kontribusi anggota lainnya secara rahasia; menilai
kesiapan, partisipasi, dan kolaborasi anggota lainnya;
mengukur kemampuan unik anggota dan membandingkannya
dengan kebutuhan yang ada di Dewan Komisaris; serta
mengidentifikasi kekuatan, kontribusi, dan peluang
pengembangan diri mereka masing-masing. Self-assessment
Dewan Komisaris menggunakan metode kuesioner dan
hasilnya akan dijadikan sebagai masukan untuk melakukan
perbaikan tata kelola sehingga mampu meningkatkan
efektivitas kinerja Dewan Komisaris.
Telah tersedia formulir penilaian yang baku untuk diisi oleh

anggota Dewan Komisaris, baik untuk mekanisme self-
assessment maupun peer-assessment.
The provisions regarding self-assessment are contained in the

Nomination and Remuneration Committee Charter which was
drafted in 2016. In 2017, members of the Board of Commissioners
completed the self-assessment and this has been repeated in
2018 and onwards. To ensure that the Board of Commissioners
can function effectively, competent officials are needed, with
the appropriate composition, structure, process, and scope of
duties and responsibilities. If this is fulfilled, a strong dynamic
will be created in the Board of Commissioners’ meetings and
decisions will be made following the interests of the organization
so that better performance is achieved.

Recommendation
The Board of Commissioners self-assessment mechanism that

applies at ABM allows each member to assess the involvement
and contribution of other members confidentially; assess the
readiness, participation, and collaboration of other members;
measure the unique abilities of members and compare them
to the needs of the Board of Commissioners; and identify
their respective strengths, contributions, and opportunities
for self-development. The self-assessment of the Board of
Commissioners uses a questionnaire method and the results
will be used as input for improving governance so as to
increase the effectiveness of the performance of the Board of
Commissioners.
A standard assessment form is available to be filled in by

members of the Board of Commissioners, both for self-
assessment and peer-assessment mechanisms.
Kebijakan penilaian sendiri (self- √ Laporan Kebijakan tertulis terkait self-assessment masih dalam tahap
assessment) untuk menilai kinerja Tahunan penyusunan.
Dewan Komisaris, diungkapkan Annual Report A written policy regarding self-assessment is currently being
melalui Laporan Tahunan drafted.
Perusahaan Terbuka.
Self-assessment policy to evaluate
the Board of Commissioners'
performance is disclosed in
the annual report of the Public
Company.
Dewan Komisaris mempunyai √ Pedoman Etika Kebijakan pengunduran diri Dewan Komisaris tercantum
kebijakan terkait pengunduran dan Perilaku, dalam Pedoman Komisaris dan Direksi dan Anggaran Dasar,
diri anggota Dewan Komisaris Pedoman sedangkan moralitas dan budaya beretika terkait kejahatan
apabila terlibat dalam kejahatan Kerja Dewan keuangan diatur dalam Pedoman Etika dan Perilaku. Informasi
keuangan. Komisaris dan terkait Etika dan Perilaku, Pedoman Kerja Dewan Komisaris,
The Board of Commissioners has Direksi, dan dan Anggaran Dasar tersedia pada situs web Perseroan bagian
a policy regarding the resignation Anggaran Dasar Komitmen Kami > Tata Kelola > Perangkat-Perangkat GCG.
of members of the Board of Pasal 17 The policy for the resignation of the Board of Commissioners is
Commissioners should they are Code of Ethics listed in the Work Guidelines for the Board of Commissioners and
involved in a financial crime. and Conduct, the Board of Directors and the Articles of Association, while the
Board of issues of morality and work ethics related to financial crimes are
Commissioners regulated in the Code of Conduct. Information related to Code of
and Board of Conduct, Board of Commissioners Work Guidelines, and Articles
Directors Work of Association is available on the Company's website under the
Guidelines, and section of Our Commitments > Governance > GCG Tools.
Article 17 of
the Articles of
Association
Dewan Komisaris atau Komite √ Piagam Komite Kebijakan suksesi dalam proses nominasi anggota Direksi
yang menjalankan fungsi Nominasi dan diatur dalam Piagam Komite Nominasi & Remunerasi serta
Nominasi dan Remunerasi Remunerasi Board & Management. Rencana suksesi dibahas setiap tahun
menyusun kebijakan suksesi serta Kebijakan dan pelaksanaan suksesi dijalankan sesuai dengan kebutuhan.
dalam proses nominasi anggota Board & Kebijakan Nominasi dan Remunerasi serta Kebijakan Board &
Direksi. Management Management tersedia pada Perseroan bagian Komitmen Kami
Board of Commissioners or the Nomination and > Tata Kelola > Komite Dewan Komisaris.
committee carrying out the Remuneration The succession policy in the nomination process for members
Nomination & Remuneration Committee of the Board of Directors is stipulated in the Nomination
function prepares the succession Charter and & Remuneration Committee Charter and the Board &
policy in the Board of Directors Board & Management Policy. Succession plans are discussed annually
Nomination process. Management and the implementation of succession is carried out as
Policy needed. Information on Nomination and Remuneration and
Board & Management Policies are available in the Company’s
website under the section of Our Commitments > Governance >
Committees of the Board of Commissioners.

Recommendation
III. Fungsi dan Peran Direksi
Functions and Roles of the Board of Directors
Memperkuat Keanggotaan dan Komposisi Direksi
5.
Strengthening the Membership and Composition of the Board of Directors
Penentuan jumlah anggota Direksi √ Pedoman Kerja Pedoman Kerja Dewan Komisaris dan Direksi serta Kebijakan
mempertimbangkan kondisi Dewan Board & Management mengatur penentuan struktur anggota
Perusahaan Terbuka, serta Komisaris dan Direksi berdasarkan besarnya kegiatan usaha, peraturan
efektivitas dalam pengambilan Direksi serta perundang-undangan, serta struktur kepemilikan. Kebijakan
keputusan. Kebijakan ini berlaku bagi Entitas Induk dan Entitas Anak sehingga
Determination of Board of Board & memiliki standar yang sama. Saat ini, Direksi Perseroan terdiri
Directors composition takes into Management dari 3 orang yaitu 1 orang Direktur Utama, dan 2 orang Direktur.
account the Public Company’s Board of The Board of Commissioners Charter, the Board of Directors
conditions and efficacy in Commissioners Charter, and the Board & Management Policy govern the
decision-making. and Board of determination of the structure of the members of the Board
Directors Work of Directors based on the size of business activities, laws and
Guidelines regulations, and ownership structure. This policy applies to
and Board & the Parent and Subsidiaries so that it has the same standards.
Management Currently, the Company's Board of Directors consists of 3 people,
Policy namely 1 President Director and 2 Directors.
Penentuan komposisi anggota √ Pedoman Penentuan anggota Direksi telah diatur dalam Pedoman
Direksi memperhatikan, Kerja Dewan Kerja Dewan Komisaris & Direksi serta Kebijakan Board &
keberagaman keahlian, Komisaris dan Management. Komposisi anggota Direksi dipertimbangan
pengetahuan, dan pengalaman Direksi serta berdasarkan keahlian, pengetahuan, dan pengalaman yang
yang dibutuhkan. Kebijakan dibutuhkan untuk menjalankan Perseroan. Hal ini dapat
Determination of the members of Board & terlihat keberagaman pada komposisi Direksi ABM yang
the Board of Directors composition Management berasal dari sektor keuangan, bisnis, industri sejenis, dan
takes into account the diversity Board of hukum. Informasi keberagaman tersebut telah diuraikan pada
of expertise, knowledge and Commissioners profil masing-masing Dewan Komisaris dan Direksi.
experience required. and Board of The appointment of members of the Board of Directors has
Directors Work been regulated in the Board of Commissioners & Directors Work
Guidelines Guidelines and Board & Management Policy. The composition
and Board & of the members of the Board of Directors is considered
Management based on the expertise, knowledge, and experience needed
Policy to run the Company. This can be seen from the diversity in the
composition of the ABM Directors who come from the financial,
business, similar industry, and legal sectors. This diversity of
information has been described in the profiles of each Board of
Commissioners and Board of Directors.
Anggota Direksi yang membawahi √ Pedoman Seluruh anggota Direksi memiliki latar belakang keuangan,
bidang akuntansi atau keuangan Kerja Dewan baik pendidikan maupun pengalaman kerja, sebagaimana
memiliki keahlian dan/atau Komisaris dan ditunjukkan pada profil masing-masing Direksi di Laporan
pengetahuan di bidang akuntansi. Direksi Tahunan.
Member of the Board of Directors Board of All members of the Board of Directors have financial
in charge of accounting or finance Commissioners backgrounds, both from education and work experience, as
has an expertise and/or knowledge and Board of shown in the profiles of each Board of Directors in the Annual
in accounting. Directors Work Report.
Guidelines
Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
6.
Improving the Quality of Implementation of Board of Directors Duties and Responsibilities
Direksi mempunyai kebijakan √ Piagam Komite Ketentuan terkait penilaian sendiri (self-assessment)
penilaian sendiri (self- Nominasi dan kinerja Direksi tercantum dalam Piagam Komite Nominasi
assessment) untuk menilai kinerja Remunerasi & Remunerasi yang disusun pada tahun 2015. Pada tahun
Direksi. 2016, anggota Direksi telah mengisi self-assessment dan
Nomination and
telah berjalan sepanjang 2016 dan seterusnya. Dalam rangka
Board of Directors has a self- Remuneration mewujudkan fungsi Direksi yang efektif, dibutuhkan pejabat
assessment policy to evaluate its Committee yang kompeten, dengan komposisi, struktur, proses, serta
performance Charter cakupan tugas dan tanggung jawab yang sesuai.
Jika hal tersebut terpenuhi maka akan tercipta dinamika dalam

rapat Direksi terwujud dan menciptakan keputusan-keputusan
yang sesuai dengan kepentingan organisasi sehingga akan
tercapai kinerja yang lebih baik.

Recommendation
Mekanisme self-assessment Direksi berlaku di ABM

memungkinkan setiap anggotanya secara rahasia menilai
keterlibatan dan kontribusi anggota lainnya; menilai kesiapan,
partisipasi, dan kolaborasi anggota lainnya; mengukur
kemampuan unik anggota dan membandingkannya dengan
kebutuhan yang ada di Direksi; serta mengidentifikasi
kekuatan, kontribusi, dan peluang pengembangan diri mereka
masing-masing. Self-Assessment Direksi menggunakan
metode kuesioner dan hasilnya akan dijadikan sebagai
masukan untuk perbaikan tata kelola sehingga meningkatkan
efektivitas kinerja Direksi.
Telah tersedia formulir penilaian yang baku untuk diisi oleh

anggota Direksi, baik untuk mekanisme self-assessment
maupun peer-assessment. Hasil dari self-assessment Direksi
ditinjau oleh Dewan Komisaris, dan selanjutnya Dewan
Komisaris akan memberikan tinjauan dan masukan untuk
Direksi. Direksi akan menindaklanjuti tinjauan atau masukan
dari Dewan Komisaris untuk meningkatkan efektivitas kinerja
Direksi. Kebijakan tertulis yang mengatur self-assessment
masih dalam proses penyusunan.
Provisions related to self-assessment of the Board of Directors’

performance are listed in the Nomination & Remuneration
Committee Charter drafted in 2015. In 2016, members of the
Board of Directors completed this self-assessment and this has
been continued in 2016 and onward. For the Board of Directors
to function effectively, competent officials are required, with
the appropriate composition, structure, process, and scope of
duties and responsibilities.
If this is fulfilled, a dynamic in the Board of Directors meetings

will be created and decisions can be reached in accordance with
the interests of the organization so that better performance is
achieved.
The Board of Directors self-assessment mechanism that

applies at ABM allows each member to assess the involvement
and contribution of other members discreetly; assess the
readiness, participation, and collaboration of other members;
measure the unique abilities of members and compare them
with the needs of the Board of Directors; and identify their
respective strengths, contributions, and opportunities for self-
development. The Board of Directors Self-Assessment uses a
questionnaire method and the results will be used as input for
improving governance so as to increase the effectiveness of the
Board of Directors' performance.
A standard assessment form is available to be filled out by

members of the Board of Directors, both for the self-assessment
and peer-assessment mechanisms. The results of the Board
of Directors' self-assessment are reviewed by the Board of
Commissioners, and subsequently, the Board of Commissioners
will provide a review and input for the Board of Directors. The
Board of Directors will follow up on the review or input from the
Board of Commissioners to improve the effectiveness of the
Board of Directors’ performance. The written policy governing
self-assessment is currently being drafted.

Recommendation
Kebijakan penilaian sendiri (self- √ Laporan Kebijakan tersebut telah diungkapkan pada pembahasan
assessment) untuk menilai kinerja Tahunan terkait Penilaian Kinerja Dewan Komisaris dan Direksi di dalam
Direksi diungkapkan melalui Annual Report Laporan Tahunan ini.
Laporan Tahunan Perusahaan This policy has been disclosed in the discussion on the
Terbuka. Performance Assessment of the Board of Commissioners and
The self-assessment policy to the Board of Directors in this Annual Report.
assess the performance of the
Board of Directors is disclosed in
the Annual Report of the public
company.
Direksi mempunyai kebijakan √ Pedoman Etika Kebijakan pengunduran diri Direksi tercantum dalam Pedoman
terkait pengunduran diri anggota dan Perilaku, Komisaris dan Direksi serta Anggaran Dasar, sedangkan
Direksi apabila terlibat dalam Pedoman moralitas dan budaya beretika terkait kejahatan keuangan
kejahatan keuangan. Kerja Dewan diatur dalam Pedoman Etika dan Perilaku.
The Board of Directors has a policy Komisaris dan
regarding the resignation of a Direksi, serta Informasi terkait Etika dan Perilaku, Pedoman Kerja Dewan
member of the Board of Directors Anggaran Dasar Komisaris dan Anggaran Dasar tersedia pada situs web
if involved in a financial crime. Pasal 14 Perseroan bagian Komitmen Kami > Tata Kelola > Perangkat-
Code of Ethics Perangkat GCG.
and Conduct;
Board of The resignation policy of the Board of Directors is stated in the
Commissioners Guidelines for Commissioners and Directors and the Articles
and Board of of Association, while morality and ethical culture related
Directors Work to financial crimes are regulated in the Code of Ethics and
Guidelines; dan Behavior.
Article 14 of
the Articles of Information related to Code of Conduct, the Board of
Association. Commissioners Work Guidelines, and the Articles of Association
is available on the Company's website under the section of Our
Commitments > Governance > GCG Tools.
Partisipasi Pemangku Kepentingan
IV.
Stakeholders’ Participation
Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
7.
Improving Corporate Governance Aspect via Stakeholders’ Participation
Perusahaan Terbuka memiliki √ Pedoman Etika Kebijakan terkait insider trading tercantum dalam ketentuan
kebijakan untuk mencegah dan Perilaku Benturan Kepentingan yang dapat di akses pada situs web
terjadinya insider trading. Code of Ethics Perseroan bagian Komitmen Kami > Tata Kelola > Audit
Public Company have a policy to and Conduct Internal.
prevent insider trading. Policy related to insider trading is stated in the Conflict of
Interest provisions which can be accessed on the Company's
website under the section of Our Commitments > Governance >
Internal Audit.
Perusahaan Terbuka memiliki √ Kebijakan Anti Kebijakan terkait anti korupsi dan anti-fraud dapat di akses
kebijakan anti korupsi dan anti Suap & Anti pada situs web Perseroan bagian Komitmen Kami > Tata Kelola
fraud. Korupsi > Audit Internal.
Public Company have anti- Anti Bribery & Policy related to anti-corruption and anti-fraud can be
corruption and anti-fraud policy. Anti Corruption accessed on the Company's website under the section of Our
Policy Commitments > Governance > Internal Audit.

Recommendation
Perusahaan Terbuka memiliki √ Kebijakan Kebijakan-kebijakan terkait pengadaan barang dan/atau jasa
kebijakan tentang seleksi Vendor dan kebijakan Vendor Relationship Management telah dimiliki
dan peningkatan kemampuan Relationship Perseroan sejak tahun 2016.
pemasok atau vendor. Management The Company has policies related to the procurement of goods
The Public Company has a policy dan Kebijakan and/or services and a Vendor Relationship Management policies
regarding the selection and Pengadaan since 2016.
improvement of supplier or vendor Barang dan/
capabilities. atau Jasa
Vendor
Relationship
Management
Policy and
Procurement
for Goods and/
or Services
Policy
Perusahaan Terbuka memiliki √ Kebijakan Hak Pemenuhan hak-hak kreditur digunakan sebagai pedoman
kebijakan tentang pemenuhan Kreditur dalam memberikan pinjaman kepada kreditur. Hal ini
hak-hak kreditur. Creditors Rights bertujuan untuk menjaga dan memenuhi kebijakan tersebut,
The Public Company has a policy Policy yang mencakup pertimbangan dalam melakukan perjanjian,
regarding the fulfillment of serta tindak lanjut dalam pemenuhan kewajiban Perusahaan
creditors' rights. Terbuka kepada kreditur.
ABM patuh terhadap hal-hal yang tercantum dalam perjanjian

antara perusahaan dengan kreditur. Namun, dengan adanya
panduan rekomendasi dari Otoritas Jasa Keuangan terkait
GCG, Perseroan diminta untuk memiliki kebijakan mengenai
pemenuhan hak kreditur, klasifikasi atas praktik yang sudah
berjalan dalam bentuk kebijakan tertulis sebagaimana
telah disahkan Direksi melalui Surat Keputusan Direksi
No. 002/ABM-RES-DIR/III/2017.
The fulfillment of creditors' rights is used as a guide in providing

loans to creditors. This is intended to maintain and comply
with the policy which includes consideration in entering into an
agreement and follow-up in fulfilling the obligations of a Public
Company to creditors.
ABM complies with the matters stated in the agreement

between the company and the creditor. However, with the
recommendation of OJK regarding GCG, the Company is asked
to have a policy regarding the fulfillment of the creditors' rights
to the classification of existing practices in the form of a written
policy as approved by the Board of Directors through the Decree
of the Board of Directors No. 002/ABM-RES-DIR/III/2017.
Perusahaan Terbuka memiliki √ Kebijakan Kebijakan terkait sistem whistleblowing telah dimuat pada
kebijakan sistem whistleblowing. Pelaporan situs web Perseroan bagian Komitmen Kami > Tata Kelola >
The Public Company has a Pelanggaran Audit Internal.
whistleblowing system policy. Violation Policy related to the whistleblowing system have been posted on
Reporting the Company's website under the section of Our Commitments >
Policy Governance > Internal Audit.

Recommendation
Perusahaan Terbuka memiliki √ Kebijakan Long Perseroan telah memiliki skema kebijakan pemberian insentif
kebijakan pemberian insentif Term Incentive jangka panjang Direksi dan karyawan sebagaimana telah
jangka panjang kepada Direksi Long Term disahkan berdasarkan Surat Keputusan Dewan Komisaris
dan karyawan. Incentive Policy No. 33/ABM-BOC-CIR/VIII/2017 tanggal 22 Agustus 2017. ABM
Public Company have a policy of juga memiliki indikator untuk mengukur keberhasilan jangka
giving long-term initiatives to the panjang, yang secara umum dikaitkan dengan pertumbuhan
Board of Directors and employees. harga saham dan indikator lainnya yang ekuivalen. Indikator
tersebut ditinjau sesuai dengan kebutuhan atau prioritas
perusahaan.
The Company has a policy on the provision of long-term
incentives for the Directors and employees as approved by the
Decree of the Board of Commissioners No. 33/ABMBOC- CIR/
VIII/2017 dated 22 August 2017. ABM also has a set of indicators
to measure long-term success, which is generally associated
with the growth of the share price and other equivalent
indicators. These indicators are reviewed according to the
Company’s needs or priorities.
Keterbukaan Informasi
V.
Information Disclosure
Meningkatkan Pelaksanaan Keterbukaan Informasi
8.
Enhancing Information Disclosure Implementation
Perusahaan Terbuka √ Aplikasi di ABM telah memiliki aplikasi mengenai perusahaan di Play Store
memanfaatkan penggunaan Play Store dan dan i-Store dengan ID ABM.
teknologi informasi secara lebih i-Store ABM maintains an official corporate app on Play Store and
luas selain situs web sebagai Application on i-Store, with ABM as the ID.
media keterbukaan informasi. Play Store and
The Public Company utilizes i-Store
information technology more
broadly than the website as a
means to disclose information
Laporan Tahunan Perusahaan √ Situs Web; Perseroan telah mengungkapkan pemilik manfaat pada situs
Terbuka mengungkapkan pemilik Laporan web dan Laporan Tahunan bagian Informasi tentang Pemegang
manfaat akhir dalam kepemilikan Tahunan Saham Utama dan Pemegang Saham Pengendali hingga Nama
saham Perusahaan Terbuka paling Website; Annual Pemilik Akhir bab Profil Perusahaan.
sedikit 5%, selain pengungkapan Report The Company has disclosed the ultimate beneficiary on
pemilik manfaat akhir dalam the website and in the Annual Report under the section of
kepemilikan saham Perusahaan Information on Majority and Controlling Shareholders to the
Terbuka melalui Pemegang Saham name of the ultimate beneficiary owner in the Company Profile
Utama dan Pengendali. chapter.
The Public Company’s annual
report discloses the ultimate
beneficiary of the ownership of its
shares for at least 5% ownership
as well as the disclosure on
the ultimate beneficiary of the
ownership of shares of the Public
Company via the majority and
controlling shareholders


Tanggung
Jawab Sosial
dan Lingkungan
Social and Environmental
Responsibility
Tingkat Perputaran Tingkat Penyerapan

Karyawan Anggaran TJSL
Employee Turnover CSR Budget
Rate Absorption Rate
12,04% 78,21%
Biaya Pelatihan ESG Rating
Karyawan
Employee Training
Expenditures
BB
Rp
1,75 milliar / billion

Tata Kelola Tanggung Jawab

Sosial dan Lingkungan
Social and Environmental Responsibility Governance
Perseroan dan Entitas Anak menyadari bahwa The Company and its Subsidiaries recognize that long-
keberlangsungan usaha jangka panjang tidak hanya term business sustainability is not only through meeting
melalui pemenuhan target operasional maupun finansial. operational and financial targets. Success will be realized
Keberhasilan akan terwujud apabila Perseroan mampu if the Company is able to maintain a balance between
menjaga keseimbangan antara kinerja ekonomi, sosial, economic, social, and environmental performance.
dan lingkungan. Maka dari itu, Perseroan berkomitmen Therefore, the Company is committed to protecting the
untuk berkontribusi dalam menjaga lingkungan serta environment and providing benefits through its social and
memberikan manfaat melalui program tanggung jawab environmental responsibility (CSR) programs, which are
sosial dan lingkungan (TJSL) yang diharapkan mampu expected to bring a positive impact on all its stakeholders.
memberikan dampak positif bagi seluruh pemangku
kepentingan.
Dasar Penerapan TJSL Basis for CSR Implementation
Pelaksanaan program TJSL Perseroan mengacu pada The implementation of the Company’s CSR program refers
peraturan perundang-undangan yang berlaku dan to the applicable laws and regulations and regulators’
kebijakan regulator sebagai berikut. policies as follows.
1. Undang-Undang No. 1 Tahun 1970 tentang Keselamatan 1. Law No. 1/1970 on Occupational Safety;
Kerja;
2. Undang-Undang No. 5 Tahun 1990 tentang Konservasi 2. Law No. 5/1990 on Conservation of Biological Natural
Sumber Daya Hayati dan Ekosistemnya; Resources and the Ecosystem;
3. Undang-Undang No. 23 Tahun 1992 tentang Kesehatan; 3. Law No. 23/1992 on Health;
4. Undang-Undang No. 13 Tahun 2003 tentang 4. Law No. 13/2003 on Labor;
Ketenagakerjaan;
5. Undang-Undang No. 25 Tahun 2007 tentang 5. Law No. 25/2007 on Capital Investment;
Penanaman Modal;
6. Undang-Undang No. 40 Tahun 2007 tentang Perseroan 6. Law No. 40/2007 on Limited Liability Companies;
Terbatas;
7. Undang-Undang No. 32 Tahun 2009 tentang 7. Law No. 32/2009 on Environmental Protection and
Perlindungan dan Pengelolaan Lingkungan Hidup; Management;
8. Undang-Undang No. 24 Tahun 2011 tentang Badan 8. Law No. 24/2011 on Social Security Administrative Body;
Penyelenggara Jaminan Sosial;
9. Peraturan Pemerintah No. 78 Tahun 2010 tentang 9. Government Regulation No. 78/2010 on Reclamation
Reklamasi dan Pascatambang; and Post-Mining;
10. Peraturan Pemerintah No. 27 Tahun 2012 tentang Izin 10. Government Regulation No. 27/2012 on Environmental
Lingkungan; Licenses;
11. Peraturan Pemerintah No. 50 Tahun 2012 tentang 11. Government Regulation No. 50/2012 on Implementation
Penerapan Sistem Manajemen Keselamatan dan of Occupational Safety and Health Management
Kesehatan Kerja; Systems;
12. Peraturan Pemerintah No. 47 Tahun 2012 tentang 12. Government Regulation No. 47/2012 on Limited Liability
Tanggung Jawab Sosial dan Lingkungan Perseroan Companies’ Social and Environmental Responsibility;
Terbatas;

TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN ··· SOCIAL AND ENVIRONMENTAL RESPONSIBILITY
13. Keputusan Presiden No. 22 Tahun 1993 tentang 13. Presidential Decree No. 22/1993 on the Diseases Arising
Penyakit yang Timbul Akibat Hubungan Kerja; dan out of Employment Relationship; and
14. Peraturan Menteri Tenaga Kerja No. 05/Men/1996 14. Regulation of the Minister of Manpower No. 05/Men/1996
tentang Sistem Manajemen Keselamatan dan on Occupational Health and Safety Management
Kesehatan Kerja (SMK3). System.
Selain itu, Program TJSL di Grup ABM juga berpedoman In addition, the CSR programs in ABM Group are also based
pada: on:
1. Kerangka Kerja Tanggung Jawab Sosial Perusahaan 1. Corporate Social Responsibility Framework as well as
serta Pedoman Etika dan Perilaku (Code of Ethic and ABM’s Code of Ethic and Conduct;
Conduct/COEC) ABM; 2. ISO 26000, which covers 7 subjects, namely
2. ISO 26000 yang mencakup 7 subjek, yaitu Tata Kelola organizational governance; human rights; labor
Organisasi Perusahaan, Hak Asasi, Ketenagakerjaan, practices; the environment; fair operating procedures;
Lingkungan, Etika Bisnis, Perlindungan Konsumen, consumer issues; and community involvement and
dan Pengembangan Komunitas; development;
3. Kerangka Kerja United Nations Global Compact (UNGC) 3. United Nations Global Compact (UNGC) Framework for
untuk Tanggung Jawab Sosial; dan Social Responsibility; and
4. Inisiatif Sustainability Development Goals (SDGs) dari 4. Sustainability Development Goals (SDGs) Initiatives
Perserikatan Bangsa-Bangsa (PBB). from the United Nations.
Pengelola TJSL CSR Coordinator
Pelaksanaan program TJSL di Grup ABM menjadi tanggung The implementation of ABM Group’s CSR programs is
jawab Departemen Corporate Sosial Responsibility (CSR) coordinated by the Corporate Social Responsibility (CSR)
yang berkoordinasi dengan berbagai departemen dan Department, which works closely with other departments
bagian lain, termasuk Entitas Anak. Departemen CSR or divisions, including those in the Subsidiaries. This
merupakan bagian dari Corporate Affairs dan Corporate department is part of Corporate Affairs and Corporate
Secretary. Secretary.
Upaya yang dilakukan Grup ABM dalam rangka mendukung In order to support the CSR Department’s tasks, ABM Group
pelaksanaan tugas dan tanggung jawab Departemen CSR, has developed a Segregation of Duties (SOD) mechanism
yaitu dengan melakukan pengembangan pada mekanisme for various units and functions, since the Transformation
Segregation of Duties (SOD) untuk berbagai unit dan Journey had taken place on 1 July 2016. The existence
fungsi, sejak berlangsungnya Transformation Journey of this SOD mechanism ensures that the CSR strategy
pada 1 Juli 2016. Pengembangan tersebut dilakukan guna prepared by the CSR Department for a period of 5 years can
memastikan strategi TJSL yang telah disusun Departemen be implemented by the related units in each subsidiary. This
CSR dalam jangka waktu 5 tahun telah dijalankan oleh unit mechanism also ensures clear and assertive coordination
terkait di setiap Entitas Anak. Selain itu, mekanisme ini and synergy, both in terms of implementation the activities
dapat memberi gambaran terkait sinergi dari pelaksanaan and communication.
kegiatan sehingga menjalin komunikasi yang baik.
Kebijakan TJSL CSR Policy
Grup ABM melaksanakan program TJSL dengan ABM Group implemented the CSR programs based on the
berpedoman pada kebijakan TJSL yang telah CSR policy signed by the Board of Directors in April 2016. The
ditandatangani oleh Direksi pada April 2016. Kebijakan policy contains ABM Group CSR programs and initiatives
tersebut memuat tentang inisiatif dan program TJSL Grup that are carried out in a focused manner to improve the
ABM yang dilakukan secara terarah guna meningkatkan welfare of the community.
kesejahteraan masyarakat.

Pendidikan Lingkungan
Education Environment
Pengembangan karyawan dan Inisiatif untuk menjaga lingkungan
masyarakat melalui berbagai dan memelihara kelestarian
program pendidikan. sumber daya alam.
Community and employee Initiatives to protect the environment
development through various and preserve natural resources.
education programs.
PEMBERDAYAAN
Empowerment
Kesehatan Sosial Budaya

Health Socio-Cultural
Inisiatif untuk menciptakan Pelestarian budaya dan
lingkungan kerja dan masyarakat adat istiadat setempat.
yang sehat dan aman. Preservation of local culture
Initiatives to create a health and customs.
and safe work environment
and community.
Perumusan TJSL CSR Formulation
Perumusan langkah-langkah terkait perencanaan, The formulation of steps related to planning, implementing,
pelaksanaan, dan evaluasi program TJSL Grup ABM and evaluating ABM Group’s CSR program is described as
diuraikan sebagai berikut. follows.
1. Melakukan uji tuntas terhadap dampak ekonomi, 1. Conducting due diligence on economic, social, and
sosial, dan lingkungan yang timbul dari keputusan dan environmental impacts arising from the Company’s
kegiatan yang dijalankan perusahaan, berupa analisa decisions and activities, in the form of needs analysis or
kebutuhan needs assessment sesuai dengan ISO needs assessment adjusted to ISO 26000. Requirement
26000. Analisis tersebut bertujuan untuk: analysis is aimed at:
a. Memperoleh “social license to operate” dengan a) Obtaining social license by designing or providing
merancang atau memberikan rekomendasi dan program recommendations and initiatives to meet
inisiatif program untuk memenuhi kebutuhan dan the needs and expectations of the shareholders;
harapan Pemegang Saham;
b. Melakukan pemetaan sosial dan identifikasi b) Conducting social mapping and stakeholder
kepentingan sebagai dasar studi analisa identification as the basis for needs analysis study;
kebutuhan;
c. Menyusun daftar prioritas program pengembangan c) Outlining a priority list of community development
masyarakat yang mengacu pada ISO 26000 programs that refers to ISO 26000 based on the
berdasarkan hasil analisa kebutuhan; dan results of needs analysis; and
d. Melakukan pendampingan pelaksanaan program d) Assisting programs’ implementation through
dengan memberikan pelatihan yang bertujuan training aimed at increasing employees’ capacity.
untuk meningkatkan kapasitas karyawan.

Tahapan dan alur kerja analisa kebutuhan akan diuraikan The stages and workflow of the needs analysis are explained
pada tabel di bawah ini. in the following table.
Tahap 1 : Analisis Konteks Sosial Hasil : Mengetahui karakteristik sosial masyarakat dan perusahaan.
Stage 1 : Social Context Analysis Result : Identifying the community’s and the Company’s social characteristics.
Hasil : Mengetahui potensi sumber daya (infrastruktur, sosial, ekonomi,

Tahap 2 : Analisis Sumber Daya sumber daya alam, dan budaya).
Stage 2 : Resource Analysis Result : Identifying potential resources (infrastructure, social, economic,
natural, and cultural resources).
Tahap 3 : Analisis Masalah Hasil : Mengetahui isu dan masalah yang berkembang di masyarakat.
Stage 3 : Problem Analysis Result : Identifying the issues and problems developing in the community.
Hasil : Mengetahui kebutuhan masyarakat di sekitar operasi perusahaan.

Tahap 4 : Analisis Kebutuhan Sosial
Result : Identifying the needs of the community around the Company’s
Stage 4 : Social Needs Analysis
operations.
Tahap 5 : Analisis Pemangku Kepentingan Hasil : Mengetahui peta pemangku kepentingan di wilayah operasi perusahaan.
Stage 5 : Stakeholder Analysis Result : Obtaining the stakeholders map in the Company’s operating area.
Tahap 6 : Daftar Prioritas Program TJSL Hasil : Mengetahui prioritas program TJSL.
Stage 6 : Priority CSR Programs List Result : Identifying CSR Programs’ priority.
Hasil : Menghasilkan program TJSL yang sesuai dengan kebutuhan masyarakat.

Tahap 7 : Membantu Program TJSL
Result : Generating CSR programs that are suited to the actual needs of the
Stage 7 : CSR Programs Assistance
community.
Pada tahun 2020, analisa kebutuhan dilakukan di In 2020, a needs analysis was conducted at PT Mifa
lokasi usaha PT Mifa Bersaudara (“Mifa”) di Kabupaten Bersaudara (“Mifa”) operational location in West Aceh
Aceh Barat, dengan meninjau dampak langsung dan Regency, by reviewing direct and indirect impacts on
tidak langsung pada aspek: these aspects:
a. Ekonomi, berperan dalam mendukung a. Economic: the role in supporting economic
pertumbuhan ekonomi melalui berbagai program growth through various responsible community
pemberdayaan masyarakat yang bertanggung empowerment programs;
jawab;
b. Sosial, berperan dalam meningkatkan b. Social: the role in improving social welfare of the
kesejahteraan; dan community; and
c. Lingkungan, berperan dalam meminimalisir c. Environmental: the role in managing the
dampak yang ditimbulkan dari aktivitas bisnis environmental impact of the business activities.
Perseroan.
Hasil analisa kebutuhan dijadikan dasar bagi Entitas The result of of the needs analysis was used as the basis
Anak lain dalam Grup ABM untuk menentukan sasaran for other subsidiaries within ABM Group to determine
dan program TJSL yang akan dilakukan. their CSR goals and programs.
2. Merumuskan isu-isu penting terkait tanggung jawab 2. Formulate crucial corporate social responsibility issues
sosial yang muncul sebagai dampak dari kegiatan that arise as a result of business activities.
usaha yang dijalankan Perseroan.
3. Mengkaji seluruh regulasi terkait isu-isu terkait 3. Review all regulations related to corporate social
tanggung jawab sosial perusahaan. responsibility issues.

4. Menyusun mekanisme dan perumusan ekspektasi 4. Set up the mechanism and formulate the stakeholders’
pemangku kepentingan tentang peran sosial expectations regarding the Company’s social role
perusahaan melalui metode berikut. through the following methods.
Metode Deskripsi Teknik Pelaksanaan

Method Description Implementation Technique
Survei Pendekatan kuantitatif untuk melihat Penyebaran kuesioner dengan teknik purposive sampling
Survey kecenderungan persepsi sosial masyarakat. pada setiap wilayah.
Quantitative approach to measure the community’s Distribution of questionnaires using purposive sampling
social perceptions. technique in each village.
Wawancara Pendekatan kualitatif dalam bentuk wawancara Wawancara terstruktur berdasarkan instrumen dalam
Interview dengan responden untuk menemukan informasi bentuk panduan pertanyaan kepada informan terpilih
terkait masalah sosial dan mengidentifikasi dengan teknik snow-balling pada setiap wilayah.
kebutuhan masyarakat.
Qualitative approach using face-to-face interviews Structured interviews based on instruments in the form
with respondents to obtain information related to of question guides to selected informants found through
social issues and identification of community needs. snow-balling techniques in each area.
Diskusi Kelompok Pendekatan kualitatif dalam bentuk diskusi Diskusi kelompok bersama dipandu oleh peneliti sebagai
Group Discussion kelompok yang berfokus pada tema sumber fasilitator. Diskusi difokuskan pada wilayah warga yang
penghidupan masyarakat, kalender musim, serta berada di wilayah operasi Lingkaran I.
identifikasi masalah dan kebutuhan.
Qualitative approach using group discussions that Group discussions guided by researchers as facilitators.
focuses on the theme: the source of community The discussion is focused on villages within the operational
livelihoods, seasonal calendar, and identification of area of Ring I.
problems and needs.
Investigasi Sosial Pendekatan kualitatif melalui wawancara dengan Wawancara dengan teknik snow-balling bertujuan untuk
Social Investigation informan dan pemangku kepentingan penting untuk mengumpulkan informasi dalam rangka identifikasi
identifikasi dan profiling dalam rangka pemetaan profiling dan pemetaan pemangku kepentingan.
Qualitative approach through interviews with key Interviews using snowballing technique to gather
informants and stakeholders for identification information to identify profiles and map the stakeholders.
andprofiling in the context of stakeholder analysis.
Studi Literatur Pendekatan kualitatif dengan mengumpulkan Mengumpulkan informasi yang relevan berdasarkan
Literature Study informasi berdasarkan data sekunder. dokumen resmi Perseroan maupun penelusuran di media
massa.
Qualitative approach by collecting information based Gathering of relevant information based on official
on secondary data. Company documents and mass media coverage.
5. Menyusun rencana program TJSL sesuai dengan isu- 5. Prepare CSR programs plan in accordance with the
isu penting tanggung jawab sosial serta Visi dan Misi crucial social responsibility issues and the Vision and
Grup ABM, dengan mengutamakan aspirasi pemangku Mission of ABM Group, prioritizing the stakeholders’
kepentingan. aspirations.
6. Mengkaji risiko-risiko yang mungkin dapat terjadi pada 6. Formulate risks that might occur if the implementation
pelaksanaan program TJSL sehingga menimbulkan of the CSR program fails and prepare risk mitigation
kegagalan, serta menyiapkan upaya mitigasi risiko dan efforts and remedial plans for such failure.
rencana perbaikan atas kegagalan tersebut.
7. Menetapkan kebijakan dan program yang telah disetujui 7. Establish agreed policies and programs that have been
oleh seluruh pemangku kepentingan. Pelaksanaan approved by all the stakeholders. The implementation of
program TJSL dapat dilakukan oleh masing-masing the CSR programs can be carried out by each Subsidiary,
Entitas Anak, bersama-sama atas nama Grup ABM, together on behalf of ABM Group, or involving other
atau melibatkan pihak lain yang terkait. relevant parties.

8. Melaksanakan pemantauan dan evaluasi terhadap 8. Implement and evaluate the effectiveness of the
efektivitas pelaksanaan kebijakan program TJSL. implemented CSR policies and programs. The result
Hasil pemantauan dan evaluasi tersebut dijadikan of the monitoring and evaluation becomes the basic
dasar pertimbangan untuk keberlanjutan program consideration for the programs’ sustainability in the
pada periode selanjutnya selama tidak bertentangan next period as long as it does not conflict with the
dengan rencana Grup ABM. general plan of ABM Group.
Hasil perumusan CSR Grup ABM diuraikan sebagai berikut. The results of ABM Group CSR formulation are described as
follows.
Pemangku Metode Pelibatan dan Frekuensi

Topik Rencana Strategis
Kepentingan Pendekatan
Topic Strategic Plans
Stakeholder Frequency of Approach
Pelanggan • Produk/jasa yang dihasilkan • Mempublikasikan Informasi • Menyediakan serta menyampaikan

Customer perusahaan produk/jasa melalui situs web, informasi produk, jasa, dan layanan
• Kepuasan pelanggan dari kualitas media sosial, iklan, dan promosi • Mengadakan pertemuan berkala
produk dan layanan perusahaan • Melaksanakan survei kepuasan dengan pelanggan
• Products/services produced by pelanggan • Menyediakan layanan pengaduan
the Company • Products/services information dan mekanisme penyelesaiannya
through website, social media, perlindungan data pelanggan
• Customer’s satisfaction of the
quality of the Company’s products advertisement, and promotion • Provide and deliver information of
and services • Conduct a customer satisfaction products and services
survey • Regular meetings with customers
• Provide complaints services and
resolution mechanism Customer
data protection
Karyawan • Kepastian dan perlindungan • Mengadakan pertemuan berkala • Menyusun Perjanjian Kerja
Employee hubungan ketenagakerjaan antara manajemen dengan Bersama (PKB)
• Kesejahteraan dan pemenuhan serikat pekerja • Menyelenggarakan pelatihan dan
hak-hak normatif • Menyelenggarakan family peningkatan kompetensi pekerja
• Pengembangan kompetensi dan gathering pada setiap ulang tahun • Menciptakan lingkungan kerja
karier perusahaan dan/atau masing- yang sehat dan aman
• Certainty and protection of labor masing Entitas Anak • Melakukan telaah dan survei
relations • Melaksanakan publikasi internal kesejahteraan pekerja secara
melalui surat edaran dan majalah berkala
• Welfare and fulfillment of
internal • Collective Bargaining Agreement
normative rights
• Competence and career • Conduct periodic meetings (PKB)
development between the management and • Organize training and competence
labor union development
• Family gathering on every • Establish a healthy and safe work
anniversary of the Company and/ environment
or each subsidiary • Conduct regular employee and
• Create internal publication welfare surveys
through circulars and internal
magazine
Pemegang Saham • Kinerja operasi, produksi, dan • Mengadakan pertemuan berkala, • Melaporkan kinerja operasi,
Shareholder keuangan perusahaan seperti RUPS atau paparan publik produksi, dan keuangan secara
• Kepatuhan terhadap hukum • Melakukan korespondensi berkala
• Pelaporan yang jelas, akurat, melalui surat-menyurat atau • Menyesuaikan kebijakan dan
komprehensif, dan tepat waktu pengumuman melalui media peraturan internal, sesuai
• The Company’s operational, massa, sesuai kebutuhan peraturan yang diterbitkan
production, and financial • Conduct regular meetings with pemerintah
GMS or public meetings • Menerapkan prinsip-prinsip GCG
performance
di seluruh unit kerja
• Compliance with the law • Conduct correspondence via
• Clear, accurate, comprehensive, letters or announcements through • Periodic operational, production,
and timely reporting the mass media, as needed and financial performance
reporting
• Adjustments to internal policies
and regulations, according
to regulations issued by the
government
• Implementation of GCG principles
in all work units

Pemangku Metode Pelibatan dan Frekuensi

Topik Rencana Strategis
Kepentingan Pendekatan
Topic Strategic Plans
Stakeholder Frequency of Approach
Pemerintah • Kepatuhan kepada undang- • Mengadakan pertemuan dengan • Menaati seluruh peraturan yang
Government undang dan peraturan yang regulator/otoritas, sesuai berlaku dan relevan
berlaku kebutuhan • Comply with all applicable and
• Compliance with applicable laws • Mengikuti berbagai kegiatan yang relevant regulations
and regulations diselenggarakan pemerintah
daerah setempat, sesuai dengan
kebutuhan
• Hold meetings with regulators/
authorities, as needed
• Participate in various activities
organized by the local
government, as needed
Mitra Kerja • Transparansi kontrak kerja dan • Menyampaikan informasi tender • Melaksanakan kontrak kerja yang
Partners pelaksanaannya pekerjaan secara terbuka, sesuai transparan dan berkeadilan
• Pemenuhan hak dan kewajiban dengan kebutuhan • Mengevaluasi kontrak kerja
sesuai kontrak kerja yang telah • Mengadakan pertemuan berkala berkala sesuai tahapan pekerjaan
disepakati yang disesuaikan dengan • Carry out employment contracts
• Penerapan GCG kebutuhan that are transparent and fair.
• Transparency of work contracts • Deliver job tender information • Make periodic evaluations of
and the implementation with transparency, as needed employment contracts according
• Fulfillment of rights and • Conduct periodic meetings, as to stages of work.
obligations in accordance with needed
the agreed work contract
• GCG Implementation
Media Massa Keterbukaan informasi publik dan • Menyelenggarakan jumpa pers, • Mempublikasikan dan keterangan
Mass Media akses-akses informasi kinerja sesuai kebutuhan pers tentang kinerja perusahaan
Disclosure of public information and • Mengadakan kunjungan • Mengadakan pertemuan secara
access to performance information media massa ke wilayah kerja berkala dengan media massa,
perusahaan dan/atau Entitas termasuk melakukan kunjungan
Anak, dilaksanakan sesuai ke lokasi
kebutuhan •
Publication and press
• Press conference, as needed statement about the Company’s
• Hold mass media visits to the performance
work area of the company and/ • Periodic meetings with the mass
or its subsidiaries, carried out as media, including conducting site
needed. visits
Masyarakat • Dampak kegiatan operasional • Mengadakan pertemuan rutin • Memberikan kesempatan untuk
Community perusahaan melalui forum komunikasi bekerja sama dengan masyarakat
• Inisiatif yang sesuai dengan • Membentuk kelembagaan di lokal
kebutuhan masyarakat, termasuk tingkat lokal • Memberikan bantuan
untuk pemberdayaan • Menyelenggarakan berbagai kemasyarakatan, sesuai hasil
• Impact of company operations program inisiatif tanggung jawab koordinasi dengan masyarakat
• Initiatives that suit the needs sosial kepada masyarakat dan pemerintah daerah
of the community, including for • Conduct routine meetings through • Provide opportunities to
empowerment the communication forum. work together with the local
• Create a local non-profit community.
organization. • Render community assistance,
• Organize several corporate social according to the results of
responsibility program initiatives coordination with the community
to the community. and the local government

Pendekatan Holistik Terintegrasi

dalam Pelaksanaan TJSL
Integrated Holistic Approach in CSR Implementation
Pelaksanaan program TJSL di Grup ABM dilakukan melalui Implementation of the CSR program in ABM Group
pendekatan prosperity, people, planet, partnership, dan was conducted through the prosperity, people, planet,
prudence (5P) yang telah diintegrasikan dengan 7 subjek partnership, and prudence (5P) that was integrated with 7
inti ISO 26000. Pendekatan ini dilakukan guna menjadikan core subjects of ISO 26000. This approach was executed to
program TJSL yang dilaksanakan Perseroan terarah, tepat make the CSR program implemented to be right on target,
sasaran, dan dapat memberikan manfaat untuk seluruh and beneficial to all stakeholders.
ISO
Lingkungan Hidup
Environment
26000
Social Responsibility
Prosedur Operasi
yang Adil
Fair Operational
Procedures
TATA
KELOLA
Pelibatan dan
Pengembangan Masyarakat
Governance Tata Kelola Organisasi
Public Engagement and Organizational Governance
Development
Produk/Jasa serta
Praktik Ketenagakerjaan, Pelanggan, Mitra Kerja, Pemenuhan Hak
Kesehatan, dan dan Investor Asasi Manusia
Keselamatan Kerja
Products/Services Fulfillment of
Labour Practices, Workplace and Customers, Human Rights
Health and Safety Partners and Investors

Voluntary vs Mandatory dalam TJSL Voluntary vs Mandatory in Corporate

Social Responsibility
Grup ABM melaksanakan program TJSL, baik yang ABM Group performs CSR programs that are both mandatory
merupakan kewajiban (mandatory) dan yang melebihi and voluntary on an ongoing basis. The Company’s CSR
kewajiban (voluntary) secara berkesinambungan. Program programs that are mandatory are shown as follows.
TJSL Perseroan yang merupakan mandatory diungkapkan
sebagai berikut.
Kegiatan Dasar Regulasi

Activity Regulations
Lingkungan • Undang-Undang No. 5 Tahun 1990 tentang Konservasi Sumber Daya Hayati dan Ekosistemnya;
Environment • Undang-Undang No. 32 Tahun 2009 tentang Perlindungan dan Pengelolaan Lingkungan Hidup;
• Peraturan Pemerintah No. 78 Tahun 2010 tentang Reklamasi dan Pascatambang;
• Peraturan Pemerintah No. 27 Tahun 2012 tentang Izin Lingkungan; dan
• Peraturan Pemerintah No. 47 Tahun 2012 tentang Tanggung Jawab Sosial dan Lingkungan Perseroan
Terbatas.
• Law No. 5/1990 on Conservation of Biological Natural Resources and the Ecosystem;
• Law No. 32/2009 on Environmental Protection and Management;
• Government Regulation No. 78/2010 on Reclamation and Post-Mining;
• Government Regulation No. 27/2012 on Environmental Licenses; and
• Government Regulation No. 47/2012 on Corporate Social and Environmental Responsibility of Limited
Liability Companies.
Ketenagakerjaan • Undang-Undang No. 13 Tahun 2003 tentang Ketenagakerjaan;
Employment • Undang-Undang No. 24 Tahun 2011 tentang Badan Penyelenggara Jaminan Sosial; dan
• Keputusan Presiden No. 22 Tahun 1993 tentang Penyakit yang Timbul Akibat Hubungan Kerja.
• Law No. 13/2003 on Labor;
• Law No. 24/2011 on Social Security Administrative Body; and
• Presidential Decree No. 22/1993 on Diseases Arising out of Employment Relationship.
Kesehatan dan • Undang-Undang No. 1 Tahun 1970 tentang Keselamatan Kerja;
Keselamatan Kerja • Undang-Undang No. 23 Tahun 1992 tentang Kesehatan;
Occupational Health and • Peraturan Pemerintah No. 50 Tahun 2012 tentang Penerapan Sistem Manajemen Keselamatan dan
Safety Kesehatan Kerja; dan
• Peraturan Menteri Tenaga Kerja No. 05/Men/1996 tentang Sistem Manajemen Keselamatan dan
Kesehatan Kerja (SMK3).
• Law No. 1/1970 on Occupational Safety;
• Law No. 23/1992 on Health;
• Government Regulation No. 50/2012 on Implementation of Occupational Safety and Health Management
Systems; and
• Regulation of the Minister of Manpower No. 05/Men/1996 on Occupational Health and Safety Management
System.
Sementara itu, program TJSL Grup ABM yang melebihi Meanwhile, CSR activities that are beyond mandatory
kewajiban (voluntary), yaitu kegiatan filantropi berupa (voluntary), are philanthropic activities in the form of social
donasi sosial dan kesukarelawanan atau volunteerism. donations and volunteerism. Volunteerism activities are
Kegiatan volunteerism dilaksanakan minimal 1 kali dalam carried out at least once a year. Employees who wish to
1 tahun. Karyawan yang ingin berpartisipasi dalam participate in the volunteerism program are given one day
program volunteerism diberikan kesempatan 1 hari untuk off to carry out their activities on CSR Volunteers Day.
melaksanakan kegiatan dalam Hari Sukarelawan CSR (CSR
volunteerism Day).

Realisasi Biaya dan Anggaran TJSL Actual CSR Expenditure and Budget
Realisasi biaya dan anggaran kegiatan TJSL Perseroan Details of actual CSR expenditure and budget in the
dan Entitas Anak di tahun 2020 diungkapkan pada tabel Company and Subsidiary in 2020 are presented in the
berikut. following table.
Realisasi Anggaran Tingkat Penyerapan

Realization Budget Absorption Rate
(Rp) (Rp) (%)
28.447.955.362 36.372.792.347 78,21
Biaya yang dikeluarkan Grup ABM untuk pelaksanaan Costs incurred by ABM Group for the implementation of the
program TJSL bersumber dari anggaran yang telah CSR programs are sourced from the budget prepared by
dipersiapkan oleh masing-masing Entitas Anak. each Subsidiary.
Komitmen Keberlanjutan Commitment to Sustainability
Grup ABM meyakini bahwa keberlanjutan usaha dapat ABM Group believes that business sustainability can be
tercapai apabila perusahaan mampu meningkatkan kinerja achieved if the company is able to improve performance and
serta melaksanakan tanggung jawab sosial dan lingkungan carry out its corporate social responsibility in a sustainable
secara berkelanjutan sehingga mampu memenuhi seluruh manner so that it is able to fulfill all stakeholder expectations.
harapan pemangku kepentingan. Upaya yang dilakukan Efforts made by the Company in realizing this commitment,
Perseroan dalam mewujudkan komitmen tersebut, yakni was to establish long-term CSR program targets for 2015-
menyusun sasaran program TJSL jangka panjang untuk 2020. These targets are constantly updated in line with the
tahun 2015-2020. Sasaran tersebut senantiasa diperbarui increased commitment going forward, including support
sesuai dengan peningkatan komitmen ke depannya, for the achievement of the Sustainable Development
termasuk dukungan terhadap pencapaian Tujuan Goals (SDGs). Information regarding the implementation of
Pembangunan Berkelanjutan (Sustainable Develompment sustainability commitments has been clearly disclosed in
Goals/SDGs). Informasi terkait implementasi komitmen the Sustainability Report of PT ABM Investama Tbk.
keberlanjutan telah diungkapkan dengan jelas melalui
Laporan Keberlanjutan PT ABM Investama Tbk.
Penilaian Keberlanjutan Sustainability Assessment
Untuk meningkatkan kualitas pengelolaan aspek To improve management performance in the area of
keberlanjutan dan meminimalkan kesenjangan antara business sustainability and to minimize the gap between
penerapan dengan peraturan dan penerapan terbaik di implementation and the best practices in similar industries,
industri sejenis, Perseroan mengikuti penilaian yang the Company participates in a quarterly assessment
dilakukan oleh lembaga independen. Penilaian dilakukan conducted by MSCI, an independent institution. The
setiap semester oleh MSCI untuk mengukur ketahanan assessment measures the Company’s resilience to long-
perusahaan terhadap risiko jangka panjang dari term environmental, social, and governance (ESG) risks.
lingkungan, sosial, dan tata kelola (environment, social, and The ESG assessment of the Company is shown below.
governance/ESG). Penilaian ESG Perseroan diungkapkan
sebagai berikut.

Rata-Rata Industri Skor

Bobot Score
Aspek Sejenis
Percentage
Aspect Similar Industry 5 Maret 2020 11 Juni 2020
(%)
Average 5 March 2020 11 June 2020
Tata Kelola Perusahaan

15 5,2 2,6 1,8
Corporate Governance
Keanekaragaman Hayati dan
Penggunaan Lahan 13 2,1 3,3 3,3
Biodiversity and Land Use
Emisi Karbon
13 3,5 2,8 2,8
Carbon Emissions
Korupsi dan Ketidakstabilan
13 2,7 1,8 1,8
Corruption and Instability
Kesehatan dan Keamanan
13 3,8 2,8 2,8
Health and Safety
Tekanan Air
13 2,1 1,6 1,6
Water Stress
Manajemen Tenaga Kerja
10 4,3 6,9 6,9
Labor Management
Emisi dan Limbah Beracun
10 2,2 3,6 3,6
Toxic Emissons and Waste
Total BB BB
Berdasarkan penilaian tersebut, Perseroan telah Based on this assessment, the Company has made efforts
menyusun upaya peningkatan kualitas ESG melalui: to improve the quality of ESG through:
1. Pengelolaan risiko tata kelola yang signifikan dalam 1. Management of significant governance risks in the
struktur kepemilikan dan struktur manajemen; ownership structure and management structure;
2. Peningkatan fraud awareness dan WBS untuk 2. Increased fraud awareness and WBS to mitigate
memitigasi tindakan korupsi pada operasi substansial; corruption in substantial operations;
3. Peningkatan inisiatif rehabilitasi dan restorasi terkait 3. Enhanced rehabilitation and restoration initiatives
penggunaan lahan; related to land use;
4. Peningkatan pengelolaan terkait penggunaan air dan 4. Improved management related to water use and
upaya efisiensinya; efficiency efforts;
5. Peningkatan inisiatif pengelolaan emisi udara dan 5. Enhanced air and waste emission management
limbah; initiatives;
6. Menyiapkan pengukuran intensitas dan/atau tren 6. Preparation of carbon intensity measurements and/or
karbon; trends;
7. Peningkatan pengelolaan tenaga kerja untuk 7. Improved workforce management to increase
meningkatkan produktivitas dan kepuasan kerja; serta productivity and job satisfaction; and
8. Peningkatan pengelolaan K3 untuk memitigasi 8. Improved K3 management to mitigate work accidents.
terjadinya kecelakaan kerja.

Tanggung Jawab Sosial

Corporate Social Responsibility
Penegakkan Praktik Hak Asasi Manusia Enforcement of Human Rights Practices
Komitmen Kebijakan
Commitment Policies
Menjunjung tinggi hak asasi manusia (HAM), khususnya untuk Pedoman Etika dan Perilaku Perusahaan (Code of Ethic and
karyawan. Conduct/COEC) dan Peraturan Perusahaan.
Uphold human rights, especially employees’. Code of Ethic and Conduct (COEC) and Company Regulations.
Perumusan Tanggung Jawab Sosial Terkait HAM

Formulation of CSR Related to Human Rights
Isu Terkait Risiko yang Timbul Rencana Strategis

Related Issues Risks Risks Strategic Plans
• Kebebasan berserikat dan berkumpul; • Biaya konflik; Memperbarui Peraturan Perusahaan (PP)
• Anti kerja paksa; • Tuntutan hukum; dan/atau Perjanjian Kerja Bersama (PKB)
• Anti diskriminasi; • Pencemaran reputasi; secara periodik, sesuai kondisi terbaru,
• Kebebasan menjalankan ibadah; dan • Penurunan kinerja karyawan; dan seperti adanya regulasi baru, masukan dari
• Anti pekerja di bawah umur. • Terhentinya aktivitas operasional karyawan, dan hal-hal lain yang belum ada
• Freedom of association and assembly; perusahaan. sebelumnya.
• Anti-forced labor; • Costs of conflicts; Updating Company Regulations (PP) and/
• Anti-discrimination; • Lawsuit; or Collective Bargaining Agreements
• Freedom to perform religious worship; • Damages to reputations; (PKB) periodically, according to the latest
and • Declining employee performance; and condition, such as new regulations, input
• Non-employment of underaged workers. • Cessation of the Company’s operational from employees, and other things that had
activities. not been stipulated before.
Pelaksanaan Inisiatif Implementation of Initiatives

Pelaksanaan inisiatif tanggung jawab sosial terkait HAM The CSR initiatives related to human rights are explained as
dijelaskan sebagai berikut. follows.
1. Kebebasan Berserikat dan Berkumpul 1. Freedom of Association and Assembly
Komitmen terhadap kebebasan berserikat dan The commitment to upholding freedom of association
berkumpul dibuktikan Perseroan dengan tidak and assembly is demonstrated by the Company by not
membatasi karyawan dalam mengeluarkan pendapat. limiting employees’ rights to expressing their opinions.
Seluruh karyawan dapat memberikan pendapatnya All employees can express their opinions regarding the
terkait pengelolaan Perseroan melalui employee management of the Company through the employee
engagement system (EES). Perseroan juga senantiasa engagement system (EES). The Company also continues
melaksanakan survei opini karyawan (employee opinion to carry out employee opinion surveys to obtain honest
survey) untuk mendapatkan umpan balik yang jujur dari feedback from employees regarding their needs, desires
para karyawan mengenai kebutuhan, keinginan, dan and opinions regarding matters related to satisfaction,
pendapatnya mengenai hal-hal yang terkait dengan engagement, productivity, internal services, and others.
kepuasan, engagement, produktivitas, pelayanan This survey helps the Company to detect problems that
internal, dan lain-lain. Survei ini membantu Perseroan may occur, including those related to human rights
mendeteksi secara dini persoalan-persoalan yang violations, as early as possible.
mungkin terjadi, termasuk terkait pelanggaran HAM
karyawan.

2. Anti Kerja Paksa 2. Anti-Forced Labor

Komitmen Perseroan terhadap pencegahan praktik The Company’s commitment to complying with the
kerja paksa dibuktikan melalui penyusunan PP dan prevention of forced labor practices is evidenced by
PKB yang salah satunya memuat tentang kejelasan compiling PP and PKB, which contain information about
waktu kerja bagi seluruh karyawan. Apabila karyawan the clarity of working time for all employees. If the
menyelesaikan pekerjaan melebihi waktu yang employee completes the work beyond the stipulated
ditentukan, maka Perseroan akan memberikan time, the Company will provide compensation in the
kompensasi berupa upah yang disesuaikan dengan form of payment in accordance with the provisions of
ketentuan Undang- Undang Ketenagakerjaan dan PKB. the Manpower Act and PKB.
Uraian Karyawan Non-Shift Karyawan Shift

Description Non-Shift Employees Shift Employees
Hari Kerja Senin-Jumat Senin-Minggu

Workdays Monday - Friday Monday - Sunday
Jam Kerja* 8 jam kerja dengan waktu istirahat 1 jam. Terdiri dari 3 shift dalam sehari, masing-masing selama 8
Work Hours 8 hours of work with 1 hour break. jam dengan waktu istirahat selama 1 jam.
Consists of 3 shifts in a day, each for 8 hours with a 1 hour
break.
* Kelebihan waktu kerja (setelah jam ke 9) dan bekerja di hari libur * Excess work hours (after 9 hours) and work on holidays are calculated as
diperhitungkan sebagai pelaksanaan pekerjaan di luar jam kerja normal work outside normal working hours (overtime work).
(kerja lembur).
3. Anti Diskriminasi 3. Anti-Discrimination

Diskriminasi yang terjadi di perusahaan biasanya terjadi The issue of discrimination that occurs in many
pada karyawan perempuan. Untuk mengantisipasi industries usually happens to female employees. To
hal tersebut, Perseroan melaksanakan program yang anticipate these occurences, the Company implements
dapat memberikan hak istimewa kepada karyawan several programs that offer privileges to female
perempuan, seperti: employees, such as:
a. Izin Melahirkan a. Maternity Leave
Karyawan perempuan mendapat izin untuk Female employees are allowed to obtain maternity
melahirkan sebanyak 90 hari kalender. Selama leave for 90 calendar days. In 2020, 25 employees
tahun 2020, terdapat 25 karyawan Grup ABM yang of ABM Group took their parental leave and all have
telah menjalani cuti melahirkan dan telah kembali returned to work since.
bekerja seperti semula;
b. Izin Laktasi bagi Ibu Menyusui b. Breastfeeding Permit for Nursing Mothers
Karyawan perempuan yang masih menyusui Female employees who are still breastfeeding their
anaknya diberi kesempatan untuk melakukan children are given the opportunity to breastfeed
laktasi pada saat waktu kerja. Waktu yang during working hours. The time allotted is 60 minutes,
diberikan adalah 60 menit, dengan ketentuan tidak provided that their duties and responsibilities are
mengabaikan tugas dan tanggung jawabnya. not neglected.
4. Izin Menjalankan Ibadah 4. Permission to Perform Religious Worship

Perseroan memberikan hak cuti khususnya bagi The Company provides leave as an employee right,
karyawan yang ingin menjalankan ibadah, baik umrah, especially for those who wish to perform religious
haji, atau lain sebagainya, selama maksimal 40 hari pilgrimages, such as Umrah, Hajj, etc., for a maximum
kerja. Perseroan menjamin karyawan yang telah of 40 working days. The Company guarantees that

selesai melaksanakan cuti ibadah haji, untuk diterima employees who have completed their pilgrimage leave
bekerja kembali pada posisi yang sama sebelum cuti. will be accepted to work again in the same position prior
Selama tahun 2020, tercatat 2 karyawan Grup ABM to leaving. In 2020, two employees of ABM Group took
yang menjalani cuti ibadah haji dan telah kembali their religious pilgrimage leave to undertake the hajj,
bekerja seperti semula. and have returned to work since.
5. Anti Pekerja Anak di Bawah Umur 5. Non-Employment of Underage Workers

Grup ABM memastikan bahwa tidak mempekerjakan ABM Group ensures that there are no underage workers
pekerja dibawah umur, baik sebagai staf maupun sebagai working in the company, either as staffs or as miners.
pekerja tambang. Hal ini sesuai dengan kebijakan yang This is evidenced by the policy for recruitment that
dimiliki terkait persyaratan penerimaan karyawan requires at least 18 years of age or have completed high
dengan usia minimal 18 tahun atau telah menyelesaikan school education. The Company’s commitment to this
pendidikan sekolah menengah atas. Komitmen policy is evidenced by the description of the employee
Perseroan terkait kebijakan tersebut dibuktikan melalui demographics disclosed in the Human Resources
demografi karyawan yang diungkapkan pada uraian Management.
Pengelolaan Sumber Daya Manusia.
Dampak Program Program Impact

Dampak penegakkan HAM di lingkungan ABM, yaitu: The impacts of human rights enforcement in ABM
environment are:
1. Terciptanya lingkungan yang kondusif; 1. Creating a conducive environment;
2. Terjalinnya hubungan kerja yang harmonis antar organ 2. Establishing a harmonious working relationship
perusahaan; serta between the Company’s bodies; and
3. Tidak terdapat pelaporan mengenai pelanggaran HAM. 3. No reports of human rights violations.
Mekanisme Pengaduan Masalah Grievance Mechanism for Human Rights

Issues
Perseroan belum menentukan atau membentuk departemen The Company has not yet determined or established a special
khusus yang menangani pengaduan masalah terkait HAM. department to handle complaints related to human rights
Oleh karena itu, segala bentuk pelanggaran, khususnya yang issues. Therefore, all forms of violations, especially those
melibatkan karyawan, menjadi tanggung jawab Tim WBS. involving employees, fall under the purview of the WBS Team.
Penghargaan dan Sertifikasi Awards and Certifications

Sepanjang 2020, Perseroan tidak mendapatkan Throughout 2020, the Company did not receive any awards
penghargaan dan sertifikasi terkait HAM. Namun, Entitas and certifications related to human rights performance.
Anak Perseroan, yaitu CK, berhasail mendapatkan However, a Subsidiary of the Company, CK, won The Best
penghargaan pemberi kerja terbaik dari Kincentric. Employer Award from Kincentric.

Pelaksanaan Praktik Operasi yang Adil

Implementation of Fair Operating Practices
Komitmen Kebijakan
Commitment Policies
Mematuhi peraturan perundang-undangan yang berlaku. Pedoman Etika dan Perilaku (Code of Ethic and Conduct/
Comply with applicable laws and regulations. COEC).
Code of Ethic and Conduct/COEC
Perumusan Tanggung Jawab Sosial Terkait Praktik Operasi yang Adil

Formulation of Corporate Social Responsibility Relating to Fair Operating Practices
Related Issues Risks Strategic Plans
Tindakan korupsi yang dilakukan Pelanggaran hukum. Menerapkan Kebijakan Antikorupsi.
karyawan di berbagai level jabatan. Violation of the law. Implement Anticorruption Policy.
Acts of corruption committed by
employees at various levels of position.
Imbalan yang diterima karyawan dari Potensi gratifikasi. Menerapkan Kebijakan Gratifikasi.
pihak lain sehubungan dengan kegiatan Potential for gratification. Implement Gratification Policy.
perusahaan.
Benefits received by employees from
other parties in connection with the
Company’s activities.
Keterlibatan karyawan dalam aktivitas Mengganggu lingkungan kerja yang Menerapkan Peraturan Perusahaan dan
politik. kondusif dan harmonis. COEC.
Employee involvement in political Disruption to the conducive and Implement Company Regulations and
activities. harmonious working environment. COEC.
Persaingan usaha dengan pelaku usaha Pelanggaran hukum dan potensi Mengimplementasikan kebijakan
di bidang pertambangan. benturan kepentingan. persaingan usaha yang adil.
Competition with other businesses in Violation of the law and potential conflict Implement fair business competition
the mining sector. of interests. policy.
Pelanggaran kontrak kerja terkait Pelanggaran hukum dan Reputasi Menetapkan kebijakan terkait
pengadaan barang dan jasa. perusahaan. pengadaan barang dan jasa.
Violation of work contracts related to Violation of the law and Company Establish policies related to procurement
procurement of goods and services. reputation. of goods and services.
Pelanggaran Hak Kekayaan Intelektual Pelanggaran hukum. Mendaftarkan HAKI dan/atau

(HAKI). Violation of the law. menggunakan HAKI sesuai peraturan
Violation of Intellectual Property Rights yang berlaku.
(IPR). Register IPR an/or use IPR according to
the applicable regulations.
Pelaksanaan Inisiatif Implementation of Initiatives

Pelaksanaan inisiatif tanggung jawab sosial terkait praktik The implementation of CSR initiatives related to fair
operasi yang adil dijelaskan sebagai berikut. operating practices are explained as follows.
1. Kebijakan Anti Korupsi 1. Anti-Corruption Policy
Kebijakan ini diimplementasikan melalui kegiatan The implementation of this policy is carried out through
berikut. the following activities.
a. Mencegah Terjadinya Benturan Kepentingan a. Avoiding Conflict of Interests
Seluruh karyawan di semua level wajib mematuhi All employees across all levels are required to
pedoman perilaku terkait benturan kepentingan implement the code of conduct concerning conflict
yang tercantum dalam COEC. Hal tersebut of interest listed in the COEC. These efforts are
dilakukan sebagai upaya untuk meminimalisir made to minimize conflicts of interests that could
terjadinya benturan kepentingan yang dapat harm ABM Group.
merugikan Grup ABM.

Grup ABM juga komitmen untuk mencegah ABM Group is also committed to preventing corrupt
terjadinya praktik korupsi. Terkait hal ini, sosialisasi practices. In this regard, ongoing socialization
atau pendidikan/pelatihan terkait anti korupsi or awareness education /training related to anti-
senantiasa diselenggarakan dengan melibatkan corruption is held with the involvement of all
seluruh karyawan, termasuk Dewan Komisaris dan employees, including the Board of Commissioners
Direksi. Pada tahun 2020, sosialisasi anti korupsi and the Board of Directors. In 2020, anti-corruption
diselenggarakan sebanyak 3 kali di ABM, CK, serta dissemination was held three times at ABM, CK,
Reswara dan PWP. Sementara sosialisasi GCG as well as Reswara and PNP. Meanwhile, GCG
dilakukan sebanyak 4 kali, yakni: dissemination was conducted four times, at:
1) ABM (April 2020); 1) ABM (April 2020);
2) CK (Mei 2020); 2) CK (May 2020);
3) Reswara dan PWP (Juni 2020); serta 3) Reswara and PWP (June 2020); and
4) SSB (September 2020). 4) SSB (September 2020)
b. Mengelola Gratifikasi b. Managing Gratification

Grup ABM memiliki kebijakan khusus yang mengatur ABM Group has a special policy that regulates the
terkait larangan penerimaan hadiah dan pemberian prohibition of accepting gifts and gift-giving from
hadiah dari/untuk pihak lain (gratifikasi). Kebijakan /to other parties (gratuities). The Gratuity Policy
Gratifikasi wajib dipatuhi oleh seluruh karyawan must be complied by all employees in ABM Group.
di Grup ABM. Informasi mengenai pengelolaan Information regarding the management of gratuities
gratifikasi telah diuraikan pada bab Tata Kelola is available in the Corporate Governance chapter in
2. Kebijakan Terkait Lobi, Kontribusi, dan Keterlibatan 2. Policies Related to Lobbying, Contribution, and
Politik Political Engagement
Grup ABM melarang keterlibatan individu atas nama ABM Group strictly prohibits the involvement of any
perusahaan dalam kegiatan politik, termasuk memberikan individual on behalf of the Company in political activities,
donasi untuk kepentingan politik, sebagaimana tercantum including making donations for political purposes. This
dalam Pakta Integritas dan COEC. policy is stated in the Integrity Pact and COEC.
3. Kebijakan Persaingan yang Adil 3. Fair Competition Policy

Grup ABM mematuhi ketentuan Undang-Undang No. ABM Group complies with the provisions of Law No.
5 Tahun 1999 tentang Larangan Praktik Monopoli dan 5/1999 on the Prohibition of Monopolistic Practices
Persaingan Usaha Tidak Sehat dalam menjalankan and Unfair Business Competition in order to create fair
persaingan usaha, guna menciptakan persaingan business competition. Meanwhile, the Company’s efforts
usaha yang adil. Sementara itu, upaya yang dilakukan to prevail over its business competitors, especially in
Perseroan dalam memenangkan persaingan usaha, similar industries, are to create quality products and
khususnya di industri sejenis, yaitu menciptakan provide professional services.
produk yang berkualitas dan memberikan pelayanan
yang profesional.
4. Kebijakan Menghargai Hak Atas Kekayaan Intelektual 4. Policy to Respect Intellectual Property Rights (IPR)
(HAKI)
Kebijakan yang diterapkan dalam rangka menghargai ABM Group has established a policy to respect intellectual
HAKI dalam COEC, yakni: property rights as stated in the COEC, namely:
a. Seluruh karyawan wajib menghormati HAKI a. All employees are obliged to respect the rights of
pihak lain karena setiap penggunaan yang tidak other parties because any unauthorized use of
sah atas hak milik intelektual orang lain dapat intellectual property rights can result in ABM filing a
mengakibatkan ABM menanggung gugatan hukum lawsuit in civil law to seek compensation;
secara perdata dan ganti rugi;

b. Seluruh karyawan harus berpartisipasi secara aktif b. All employees must actively participate in protecting
untuk melindungi HAKI milik ABM; ABM’s IPR;
c. Seluruh karyawan yang turut serta/bekerja dalam c. All employees who participate/work in the
pengembangan suatu proses atau produk yang development of a process or product that will be
akan digunakan oleh ABM, atau karyawan yang used by ABM, or employees who have contributed
memiliki kontribusi atas hasil karya tersebut, harus to the work, must treat information related to the
memperlakukan informasi terkait proses atau process or product as ABM’s assets, both during or
produk tersebut sebagai milik ABM, baik selama after not working for the Company; and
masa kerja maupun setelah tidak bekerja lagi untuk
perusahaan; dan
d. Seluruh karyawan harus menginformasikan karya d. All employees must inform the work they produce
yang dihasilkannya selama maupun di luar jam during or outside work hours to the Company, as
kerja kepada Perseroan, sebagai pemegang hak the owner of all exclusive benefits of the patent for
atas seluruh manfaat (exclusive benefits) dari the work, if the work is related to ABM’s business or
paten hasil karya tersebut, jika hasil karya tersebut operations.
berkaitan dengan bisnis atau operasi ABM.
5. Kebijakan Pengadaan Barang dan Jasa 5. Goods and Services Procurement Policy
Informasi terkait kebijakan pengadaan barang dan Information related to the policy on the procurement of
jasa telah diuraikan pada Bab Tata Kelola Perusahaan goods and services has been described in the Corporate
dalam Laporan Tahunan ini. Selain itu informasi terkait Governance Chapter of this Annual Report. In addition,
pemasok barang dan jasa yang dipilih oleh Perseroan information related to the suppliers of goods and
telah diuraikan dalam Laporan Keberlanjutan. services selected by the Company has been described
in the Sustainability Report.
6. Komitmen untuk Patuh pada Hukum dan Regulasi 6. Commitment to Comply with Laws and Regulations
Seluruh kegiatan usaha Perseroan telah dijalankan All the Company’s business activities are carried out
sesuai dengan aturan di bidang pertambangan, baik based on regulations in the mining sector, which covers
Undang-Undang Pertambangan, Peraturan Jasa the Mining Law, Financial Services Regulations, OJK
Keuangan, Surat Edaran Otoritas Jasa Keuangan, dan Circulars, and other regulations related to ABM Group’s
peraturan lainnya yang terkait bidang usaha Grup ABM. businesses.
7. Sosialisasi dan Penegakan Kebijakan 7. Dissemination and Enforcement of Policies

Sosialisasi terkait operasi yang adil dilakukan melalui Dissemination related to fair operations policy is carried
beberapa saluran komunikasi, seperti Breakfast out through various communication channels, such as
Briefing, Townhall, Leader’s Cafe, Majalah Internal, the Breakfast Briefing, Townhall, Leader’s Cafe, Internal
Drop Box, Clinic, dan aktivitas lainnya. Departemen Magazine, Drop Box, Clinic, and several other activities.
Sumber Daya Manusia memiliki tanggung jawab dalam Implementation of this policy is the responsibility of the
mengimplementasikan kebijakan tersebut. Human Resources Department.
Dampak Kegiatan Impact of CSR Activities

Dampak pelaksanaan praktik operasional yang adil, yaitu: The impacts of implementing CSR programs related to fair
operations are:
1. Tidak terdapat pelaporan pelanggaran COEC, 1. No reporting of COEC violations, specifically related to
khususnya yang berkaitan dengan tindakan korupsi; acts of corruption;
2. Penerimaan gratifikasi masih dalam batas wajar dan 2. Acceptance of gratification is still within reasonable
dapat dipertanggungjawabkan; limits and can be accounted for;
3. Tidak adanya laporan pengaduan pelanggaran etika 3. No reports of complaints related to business ethics
bisnis yang timbul dari persaingan usaha dengan violations arising from business competition with
kompetitor; competitors;

4. Tidak adanya insiden korupsi yang terjadi di Grup ABM; 4. No incidents of corruption occurring in ABM Group; and
serta
5. Terjaganya reputasi perusahaan. 5. The Company’s reputation is maintained.
Mekanisme Pengaduan Masalah Grievance Mechanism Related to Fair

Operations
Pelanggaran terkait praktik operasi yang adil dapat Violations related to fair operating practices can be
disampaikan melalui Tim WBS. Tim tersebut kemudian addressed through the WBS Team. The team will then carry
akan melakukan verifikasi dan validasi terkait pelaporan out verification and validation regarding the reporting of
pelanggaran dengan berlandaskan pada peraturan dan violations based on the prevailing laws and regulations.
perundang-undangan yang berlaku.
Pengelolaan Sumber Daya Manusia

Human Resource Management
Komitmen Kebijakan
Commitment Policies
• Mengelola SDM secara adil; • Perjanjian Kerja Bersama (PKB); dan

• Meningkatkan kompetensi dan keahlian SDM; dan • Peraturan Perusahaan.
• Mematuhi peraturan terkait penentuan upah sesuai
ketentuan yang berlaku. • Collective Labor Agreement (PKB); and
• Company regulations;
• Manage human resources in a fair manner;
• Improve the competence and expertise of its human
resources personnel; and
• Comply with regulations related to salary
determination in accordance with applicable
regulations.
Perumusan Tanggung Jawab Sosial Terkait Pengelolaan Sumber Daya Manusia

Formulation of CSR Related to Human Resource Management

• Kesetaraan dan kesempatan kerja; • Meningkatnya tingkat perputaran • Mengimplementasikan kesetaraan

• Remunerasi dan kesejahteraan; dan karyawan; dan kesempatan kerja;
• Pengembangan kompetensi dan • Menurunnya jumlah karyawan yang • Memfasilitasi berbagai program
karier. kompeten; pengembangan kompetensi dan
• Menurunnya produktivitas kerja; dan karier; dan
• Equality and employment • Menurunnya reputasi perusahaan. • Memberikan remunerasi yang layak.
opportunities;
• Remuneration and welfare; and • Increased employee turnover rate; • Equal employment opportunities;
• Competency and career • Declining number of competent • Facilitate various competency and
development. employees; career development programs; and
• Declining work productivity;
• Work environment that is not • Competitive remuneration.
conducive and unsafe; and
• Declining company reputation.

Kebijakan Strategis Pengelolaan Sumber Strategic Human Resource Management

Daya Manusia Policy
Pengembangan dan Pengelolaan SDM 2020 HR Development and Management 2020

Pengembangan dan pengelolaan SDM tahun 2020 berfokus Human resource development and management in 2020
pada: focused on:
1. Penambahan kurikulum ABM Group Learning sampai 1. Adding the Leadership Development Program to ABM
pada Leadership Development Program pada jenjang Group Learning curriculum for the succeeding or higher
selanjutnya atau yang lebih tinggi; levels;
2. Pengelolaan talent dan perencanaan suksesi; serta 2. Talent management and succession planning; and
3. Penyelerasan kebijakan penilaian kinerja dengan 3. Adjusting performance appraisal policies by providing
pemberian remunerasi dan manfaat lainnya. remuneration and other benefits.
Selain itu, standardisasi Peraturan Perusahaan dan In addition, standardization of ABM Group’s Company
Perjanjian Kerja Bersama Grup ABM yang disusun sejak Regulations and Collective Labor Agreement compiled
tahun 2019 juga disosialisasikan dan diimplementasikan since 2019 was fully disseminated and implemented in
secara penuh di 2020. Implementasi peraturan ini disertai 2020. The joint implementation of this regulation with the
implementasi kebijakan-kebijakan baru yang terintegrasi new integrated policies in ABM Group were published, along
dalam Grup ABM yang diterbitkan seiring dengan with the formation of ABM Group Organizational Structure.
pembentukan Struktur Organisasi Grup ABM.
Perseroan juga telah menyosialisasikan “Be Bold Go The Company also disseminated the tagline "Be Bold Go
Beyond” yang memiliki makna bahwa karyawan harus Beyond" which serves to remind employees that they must
selalu produktif dalam bekerja dan mengupayakan untuk always be productive at work and go the extra mile to exceed
melampaui target yang telah ditetapkan (extra miles), set targets, be more efficient in managing costs than the
lebih efisien dalam mengatur biaya dibandingkan dengan estimated expenditures, and create high level engagement
hasil yang akan diperoleh, serta menciptakan high level among all the lines in ABM Group. To make this happen, the
engagement di antara semua lini di Grup ABM. Strategi strategy carried out included:
yang akan dilakukan untuk mewujudkan hal tersebut,
yaitu:
1. Agile Organization 1. Agile Organization
Perseroan harus menyelaraskan organisasi untuk The Company must align their organization to become
menghemat waktu, penyederhanaan birokrasi, dan time-efficient, simplify bureaucracy, and become
melepaskan talent dan energy; conscious of utilizing their talents and energy;
2. Talent Management 2. Talent Management
Pelaksanaan rekrutmen, pemberian insentif, dan Recruitment, providing incentives and managing talents
pengelolaan talent diperlukan untuk mencapai sinergi to achieve synergy through innovation; and
melalui inovasi; dan
3. Performance Driven Culture 3. Performance Driven Culture
Perseroan berupaya untuk mengubah pola pikir untuk The Company sought to change its mindset and thereby
meningkatkan energi dalam mencapai sinergi dengan raise its energy level in an effort to become agile in
cara yang lincah. reaching synergy.
Penetapan Struktur Organisasi Grup ABM ABM Group Organizational Structure

Pengelolaan sumber daya manusia (SDM) di Grup ABM sejak The management of human resources (HR) in ABM Group
tahun 2019 dilakukan secara terintegrasi, seiring dengan since 2019 has been carried out in an integrated manner,
penguatan implementasi Mining Value Chain. Pengelolaan in line with the strengthened implementation of the
terintegrasi ini sesuai dengan Struktur Organisasi Grup Mining Value Chain. This integrated management is in
ABM yang disahkan Direktur Utama Perseroan pada 7 Mei accordance with ABM Group Organizational Structure that
2019. Terkait hal tersebut, Perseroan menjadi pihak yang was approved by the Company’s President Director on
menetapkan dan menentukan kebijakan terkait strategi, 7 May 2019. In this regard, the Company determines policies

pengembangan usaha, termasuk aspek SDM. Masing- related to strategy, business development, including HR
masing Entitas Anak berhak untuk melaksanakan aktivitas aspects. Each Subsidiary has the right to carry out business
usaha serta pengelolaan SDM sesuai dengan strategi dan activities and human resource management in accordance
arah pengembangan yang telah ditetapkan Perseroan, with the Company’s established strategy and direction,
selaku pemimpin Grup ABM. Departemen SDM di Grup as the leader of ABM Group. The HR Department in ABM
ABM tetap menjalin komunikasi baik dan intensif dengan Group maintains good and intensive communication with
perusahaan-perusahaan yang berada di bawah naungan companies under the TMT Group in order to ensure harmony
Grup TMT guna adanya keselarasan dalam menentukan in determining policies and their implementation.
kebijakan dan implementasinya.
Pemetaan Kapabilitas Organisasi Mapping of Organizational Capabilities

Pemetaan kapabilitas organisasi dilakukan Grup ABM ABM Group conducts mapping of organizational capabilities
sebagai upaya untuk: as an effort to:
1. Memastikan dimilikinya sumber daya yang kompeten 1. Ensure that ABM Group has competent human personnel
dan sesuai dengan industri yang dijalankan, serta and is in line with the industry as well as the Company’s
searah dengan strategi Perseroan; dan business strategy; and
2. Memberikan kejelasan mengenai penugasan dan 2. Provide clarity regarding tasks and developments
pengembangan bagi pejabat eksekutif dan karyawan for executive officers and employees so that HR
sehingga pengelolaan SDM dapat memenuhi prinsip management can uphold the principle
“the right man on the right place”.
Kapabilitas yang Perlu

Dikembangkan Kapabilitas yang Perlu Dibangun
Kapasitas yang Sudah Dimiliki
(Sudah Ada dan Sejalan, Namun (Belum Dimiliki)
(Sumber Kekuatan)
Belum Menjadi Kekuatan)
Capability that has been Owned Capability that Need to be Built (not
Capability that Needs to be Developed
(Source of Strength) yet Owned)
(Already Exists and is in Line, but has
not Become a Strength)
Perseroan secara berkala melakukan pembaruan serta The Company regularly updates and maps the organizational
pengembangan terhadap pemetaan kapabilitas organisasi capabilities to keep up with a dynamic business world. In
guna mengimbangi dunia usaha yang dinamis. Selain addition, the Company actively conducts reviews related to
itu, Perseroan aktif dalam melakukan peninjauan terkait its activities so that they remain relevant to the conditions
aktivitas yang dilakukan sehingga relevan dengan kondisi of ABM Group in the face of increasingly competitive
Grup ABM terhadap kondisi pertumbuhan industri yang industrial growths.
semakin kompetitif.
Meningkatkan Pertumbuhan dari Dalam Promotes Growth from Within

Grup ABM memahami bahwa mengembangkan ABM Group recognizes that organizational growth must start
pertumbuhan organisasi harus dimulai dari dalam melalui from within by way of allocating resources in accordance
penempatan sumber daya sesuai dengan posisi yang with the right positions so as to be able to provide the
tepat sehingga mampu memberikan dampak optimal bagi biggest impact for the Company and the employees.
Perseroan maupun bagi karyawan tersebut.
Pada awal pendirian, Perseroan menggunakan “BUY In the early stage of its establishment, the Company had
Strategy”. Namun, dalam rangka memenuhi kebutuhan executed the "BUY Strategy". However, at the current
mengenai posisi penting saat ini dilakukan menggunakan time, in order to meet the need to fill key positions, the
“MAKE Strategy”. Perubahan tersebut merupakan "MAKE Strategy" is executed. This change of strategy is

bagian dari kebijakan pertumbuhan dari dalam dengan part of an internal growth policy with an "intercompany
mekanisme “intercompany movement” dengan pemetaan movement" mechanism in place that involves talent
dan pengembangan talent, khususnya bagi yang mapping and development, in particular for those in key
memiliki posisi kunci. Hal tersebut merupakan bukti positions. This is evidence of the Company’s commitment
komitmen Perseroan dalam memberikan pengembangan to provide sustainable development and opportunities for
berkelanjutan serta kesempatan bagi seluruh anggota all Company’s employees.
Perseroan di dalam Grup.
Dalam rangka memperkuat implementasi strategi In order to reinforce this strategy, the Company has formed
tersebut, Perseroan membentuk beberapa komite yang several committees whose roles are to conduct reviews,
berperan untuk melakukan peninjauan, memberikan make recommendations in selecting nominations, follow up
rekomendasi dalam memilih nominasi, menindaklanjuti on successor mapping, and decide on tasks and direction
pemetaan suksesor, serta menetapkan tugas dan arah with regards to development. The committees are:
pengembangan. Komite-komite tersebut, yakni:
1. Komite Nominasi dan Remunerasi, untuk pejabat 1. The Nomination and Remuneration Committee, for
dalam lingkup Perseroan Sebagai Entitas Induk dan officers within the scope of the Company as the Parent
Grup ABM; Entity and ABM Group;
2. Group Executive Management, untuk memenuhi 2. Group Executive Management, to meet the needs of
kebutuhan seluruh Eksekutif Grup ABM (Eksekutif all ABM Group Executives (ABM Executives and all
ABM dan seluruh Eksekutif Entitas Anak); dan Subsidiary Executives); and
3. Talent Committee, untuk memenuhi kebutuhan 3. Talent Committee, to meet the needs of the Company’s
karyawan Perseroan yang terdapat di tingkat employees at the departmental and directorate level
departemen, direktorat mulai dari Entitas Anak hingga starting from Subsidiary to the Parent Entity.
Entitas Induk.
Pemenuhan kebutuhan organisasi yang dapat diisi dari To fulfill organizational needs, key management and
dalam untuk posisi manajemen kunci dan eksekutif executive positions that can be filled from within are
ditentukan oleh komite-komite di atas, sesuai dengan decided by the above committees according to the positions
posisi yang dibutuhkan. required.
Pemenuhan Prinsip Kesetaraan dan Upholding the Principle of Equal Treatment and
Kesempatan Kerja Opportunity
Setiap individu, baik yang sudah bekerja maupun yang Every individual, whether those already working or will
akan bekerja di lingkup ABM, diperlakukan secara adil work within the organization, is treated fairly without any
tanpa adanya diskriminasi suku, ras, agama, jenis kelamin, discrimination against their ethnicity, race, religion, gender
ataupun golongan politik. Komitmen tersebut dibuktikan or political affiliation. Evident of this commitment is shown
melalui komposisi SDM di GRUP ABM yang bervariasi, from the varied composition of human resources within
salah satunya dalam pemberian kesempatan kerja pada ABM Group. Further evidence is found in the provision of
perempuan dengan berbagai latar belakang pendidikan job opportunities for women from various educational
dan usia, serta penempatan kerja di berbagai posisi, backgrounds and ages, as well as job placements in various
baik berdasarkan jenjang/level organisasi maupun fungsi positions, both based on organizational level and business
bisnis. function.

Informasi terkait demografi karyawan Grup ABM The demographics of ABM Group employees is shown as
diungkapkan sebagai berikut. follows.
Pergerakan Jumlah
Karyawan Grup ABM 2016 7.304
dalam 5 Tahun Terakhir
Employee Headcount in ABM 2017 7.610
Group in the Past Five Years
(dalam juta bcm / in million bcm)

2018 6.933
2019 7.111
2020 7.490
Jumlah Karyawan di ABM (Entitas Induk) dan Entitas Anak

Total Employees in ABM (Parent Entity) and Subsidiaries (People)
2020 2019
Perusahaan Laki- Komposisi Laki- Komposisi
Entity Perempuan Jumlah Perempuan Jumlah
Laki Proportion Laki Proportion
Female Total Female Total
Male (%) Male (%)
ABM
PT ABM Investama Tbk (“ABM”) 59 31 90 1,20 56 34 90 1,27
Entitas Anak / Subsidiaries
PT Cipta Kridatama (“CK”) 4.200 99 4.299 57,40 3.616 105 3.721 52,33
PT Reswara Minergi Hartama (“Reswara”) 6 4 10 0,13 7 4 11 0,15
PT Cipta Krida Bahari (“CKB”) 709 182 891 11,90 773 185 958 13,47
PT Sanggar Sarana Baja (“SSB”) 1.413 77 1.490 19,89 1.517 69 1.586 22,30
PT Tunas Inti Abadi (“TIA”) 170 17 187 2,50 179 17 196 2,76
PT Mifa Bersaudara (“Mifa”) 297 21 318 4,25 300 18 318 4,47
PT Alfa Trans Raya (“ATR) 66 1 67 0,89 99 5 104 1,46
PT Baruna Dirga Dharma (“BDD”) 96 18 114 1,52 89 12 101 1,42
PT Pelabuhan Buana Reja (“PBR”) - - - - 9 5 14 0.20
PT Dianta Daya Embara (“DDE”) 9 4 13 0,17 - - - -
PT Anzara Janitra Nusantara (“AJN”) - - - - - - - -
PT Nagata Dinamika (“ND”) 1 - 1 0,01 1 - 1 0,01
PT Prima Wiguna Parama (“PWP”) 6 4 10 0,13 7 3 10 0,14
PT SSB Sammit Distribution (“SSD”) - - - - - 1 1 0,01
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00

Demografi Karyawan Berdasarkan Jenjang/Level Organisasi

Employee Demography by Organizational Level
2020 2019
Level Organisasi Laki- Komposisi Laki- Komposisi
Organizational Level Perempuan Jumlah Perempuan Jumlah
Male (%) Male (%)
ABM
Director 3 - 3 0,04 2 - 2 0,03
General Manager 3 1 4 0,05 4 1 5 0,07
Senior Manager 8 1 9 0,12 6 1 7 0,10
Manager 13 11 24 0,32 12 11 23 0,32
Staff & Non-Staff 32 18 50 0,67 32 21 53 0,75
Sub Total 59 31 90 1,20 56 34 90 1,27
Director 10 1 11 0,15 12 1 13 0,18
General Manager 8 1 9 0,12 9 1 10 0,14
Senior Manager 29 3 32 0,43 29 3 32 0,45
Manager 143 25 168 2,24 142 26 168 2,36
Staff & Non-Staff 6.783 397 7.180 95,86 6.405 393 6.798 95,60
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00
Demografi Karyawan Berdasarkan Fungsi Bisnis

Employee Demography by Business Function
2020 2019
Fungsi Bisnis Laki- Komposisi Laki- Komposisi
Business Function Perempuan Jumlah Perempuan Jumlah
Male (%) Male (%)
ABM
Management 6 1 7 0,09 4 - 4 0,06
Support 53 30 83 1,11 52 34 86 1,21
Sales Marketing - - - - - - - -
Operational - - - - - - - -
Sub Total 59 31 90 1,20 56 34 90 1,27
Management 29 2 31 0,41 34 3 37 0,52
Support 696 200 896 11,96 729 192 921 12,95
Sales Marketing 68 60 128 1,71 175 72 247 3,47
Operational 6.180 165 6.345 84,71 5.659 157 5.816 81,79
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00

Demografi Karyawan Berdasarkan Tingkat Pendidikan

Employee Demography by Education Level
2020 2019
Tingkat Pendidikan Laki- Komposisi Laki- Komposisi
Education Level Perempuan Jumlah Perempuan Jumlah
Male (%) Man (%)
ABM
Pasca Sarjana (S2)
18 4 22 0,29 18 3 21 0,30
Master’s Degree
Sarjana (S1)
37 22 59 0,79 33 29 62 0,87
Bachelor’s Degree (S1)
Diploma (D1, D2, D3) 2 4 6 0,08 5 2 7 0,10
SMU dan Sederajat
2 1 3 0,04 - - - 0,00
High School and Equivalent
Sub Total 59 31 90 1,20 56 34 90 1,27
Pasca Sarjana (S2)
58 14 72 0,96 58 14 72 1,01
Master’s Degree
Sarjana (S1)
1.095 307 1.402 18,72 1.073 271 1.344 18,90
Bachelor’s Degree (S1)
Diploma (D1, D2, D3) 419 52 471 6,29 313 48 361 5,08
SMU dan Sederajat
5.401 54 5.455 72,83 5.153 91 5.244 73,74
High School and Equivalent
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00
Demografi Karyawan Berdasarkan Status Kepegawaian

Employee Demography by Employment Status
2020 2019
Status Kepegawaian Laki- Komposisi Laki- Komposisi
Employment Status Perempuan Jumlah Perempuan Jumlah
Male (%) Man (%)
ABM
Permanen / Permanent 58 28 86 1,15 53 31 84 1,18
Kontrak / Contract 1 3 4 0,05 3 3 6 0,08
Sub Total 59 31 90 1,20 56 34 90 1,27
Permanen / Permanent 5.232 340 5.572 74,39 4.797 318 5.115 71,93
Kontrak / Contract 1.741 87 1.828 24,41 1.800 106 1.906 26,80
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00

Demografi Karyawan Berdasarkan Usia

Employee Demography by Age
2020 2019
Usia Laki- Komposisi Laki- Komposisi
Age Perempuan Jumlah Perempuan Jumlah
Male (%) Man (%)
ABM
> 55 tahun / years 1 - 1 0,01 - - - -
46-55 tahun / years 8 8 16 0,21 11 7 18 0,25
36-45 tahun / years 29 10 39 0,52 27 12 39 0,55
25-35 tahun / years 20 9 29 0,39 17 11 28 0,39
< 25 tahun / years 1 4 5 0,07 1 4 5 0,07
Sub Total 59 31 90 1,20 56 34 90 1,27
> 55 tahun / years 16 1 17 0,23 11 1 12 0,17
46-55 tahun / years 743 18 761 10,16 693 19 712 10,01
36-45 tahun / years 2.478 82 2.560 34,18 2.291 83 2.374 33,38
25-35 tahun / years 3.109 260 3.369 44,98 3.002 240 3.242 45,59
< 25 tahun / years 627 66 693 9,24 600 81 681 9,58
Sub Total 6.973 427 7.400 98,80 6.597 424 7.021 98,73
Total 7.032 458 7.490 100,00 6.653 458 7.111 100,00
Demografi Karyawan Berdasarkan Jenis Kelamin

Employee Demography by Gender
2020 2019
Gender Komposisi Komposisi

Jumlah Jumlah
Proportion Proportion
Total Total
(%) (%)
ABM
Laki-Laki / Male 59 0,79 56 0,79
Perempuan / Female 31 0,41 34 0,48

Sub Total 90 1,20 90 1,27
Laki-Laki / Male 6.973 93,10 6.597 92,77
Perempuan / Female 427 5,70 424 5,96

Sub Total 7.400 98,80 7.021 98,73
Total 7.490 100,00 7.111 100,00

Komposisi karyawan di Grup ABM didominasi oleh The composition of employees in ABM Group is dominated
karyawan laki-laki, terutama pada tingkat Entitas Anak. by male employees, particularly at the Subsidiaries. The
Hal ini dikarenakan sebagian besar karyawan di Entitas reason is because most employees there occupy positions
Anak berada di fungsi operasional yang membutuhkan with operational functions that generally require male
tenaga dari karyawan laki-laki. Meskipun demikian, jumlah employees. However, the number of female employees in
karyawan wanita di Grup ABM tahun 2020 meningkat 0,71% ABM Group in 2020 increased 0.71% with 0.57% occupying
di mana 0,57% nya berada di level tertinggi organisasi, the highest strata within the organization, namely Directors,
yaitu Director, General Manager, dan Senior Manager. General Managers and Senior Managers.
Selain kesetaraan dan kesempatan kerja juga diterapkan In addition, the principle of equal treatment and opportunity
dalam pencapaian karier structural, operasional, maupun is also applied in achieving structural, operational, and
fungsional, bahkan hingga jenjang tertinggi di struktur functional careers even up to the highest level in the
organisasi. Selain itu, tidak menutup kemungkinan organizational structure. As further commitment to
bahwa Perseroan juga akan memberikan kesempatan implementing this principle more broadly, the Company
bagi karyawan penyandang disabilitas untuk bergabung does not rule out the possibility that it might provide
menjadi bagian dari perusahaan sebagai bukti komitmen employment opportunities for those with disabilities.
terhadap pelaksanaan prinsip tersebut secara lebih luas.
Pelaksanaan Rekrutmen dan Implementation of Recruitment and Career

Pengembangan Karier Development
Kebijakan pengembangan dari dalam juga dapat berperan Internal development policies can also play a role in filling
dalam memenuhi kekosongan jabatan di lini bawah sampai vacancies at the lower to middle lines within the company's
menengah dalam struktur organisasi perusahaan. Melalui organizational structure. Through this policy, every vacant
kebijakan ini, setiap jabatan kosong akan diisi oleh pihak position will be filled by the company’s internal parties as
internal perusahaan maupun Entitas Grup ABM dan Grup well as ABM Group Entities and TMT Group, either through
TMT, baik melalui mekanisme mutasi, rotasi, maupun transfers, job rotations, or promotions. The intercompany
promosi. Intercompany movement merupakan bagian dari movement is part of the career management and a follow-
pengelolaan karier dan tindakan lanjut pemetaan bakat. up after talent mapping. Only if an internal employee or
Apabila karyawan internal atau entitas belum memenuhi entity has not met the criteria to fill up a position will the
kriteria untuk mengisi posisi tersebut, maka Perseroan Company recruit from outside the organization.
akan melakukan rekrutmen dari luar organisasi.
Perseroan menetapkan kriteria 4C sebagai standar dalam The Company establishes the 4C criteria standard in
meninjau anggota perusahaan yang sesuai dengan hal reviewing company members according to the employee
yang diterapkan melalui proses rekrutmen karyawan, recruitment process both from outside the Company and
baik dari luar maupun antar perusahaan Grup ABM atau between ABM Group or the TMT Group. In addition, the 4C
Grup TMT. Selain itu, kriteria 4C menjadi panduan dalam criteria serve as a guide when conducting human resource
melakukan pelatihan dan pengembangan SDM di seluruh training and development at all levels of the organization.
level organisasi.

Kontribusi Contribution
Hasil kerja dan prestasi untuk mendukung pekerjaan
Performance results and achievement to support the job
Kemampuan Capability
Pengalaman dan paparan teknis atau profesional yang diperlukan agar
berhasil melakukan pekerjaan
Technical or professional experience and exposure needed to
4C
successfully perform job
Kompetensi Competence
Keterampilan perilaku diperlukan untuk melakukan pekerjaan
Behavior skills needed to perform the job
Karakter Character
Disposisi dan motivasi pribadi yang akan mendukung kinerja pekerjaan
Personal dispositions and motivations which will support the job
performance
Pengelolaan Talent dan Perencanaan Talent Management and Succession Plans

Suksesi
Keberhasilan sebuah bisnis dipengaruhi oleh kemampuan The success of a business is influenced by the company’s
perusahaan dalam melakukan suksesi dan pengelolaan talent ability to conduct succession and manage its talents.
yang dimiliki. Oleh karena itu, Perseroan berkomitmen untuk Because of this, the Company is committed to implementing
melaksanakan proses suksesi dalam rangka memastikan a succession process by ensuring the availability of
ketersediaan karyawan yang kompeten pada setiap posisi competent employees in every key position. In addition,
kunci. Selain itu, pengelolaan talent merupakan strategi talent management is a strategy used to support the
yang digunakan untuk mendukung proses suksesi. Dengan succession process. Therefore, the succession process will
demikian, proses suksesi akan berhasil jika pengelolaan be successful if talent management is done continuously,
talent dilakukan secara berkesinambungan, mulai dari beginning from the recruitment, development, assessment,
proses rekrutmen, pengembangan, pengukuran, pemberian awarding appreciation, until retirement (from hire to retire)
penghargaan, hingga pensiun (from hire to retire). process.
Pengelolaan talent dan perencanaan suksesi menjadi Talent management and succession planning are important
hal penting bagi Perseroan karena dapat memengaruhi to the Company because they can affect the capabilities
kapabilitas pejabat eksekutif dan karyawan. Namun, of executive officers and employees. However, talent
pengelolaan talent dan perencanaan suksesi dapat berjalan management and succession planning can work well if
dengan baik apabila dilakukan dengan menyelaraskan the roles of talent managements are aligned. Currently,
peran masing-masing pengelola talent. Pada saat ini, the Company has three talent managements: the Talent
perseroan memiliki tiga pengelola talent, yakni Talent Committee, Group Executive Management, and the
Committee, Group Executive Management, serta Komite Nomination and Remuneration Committee in which all
Nominasi dan Remunerasi yang memiliki tugas untuk undertake the tasks of identifying, mapping, and developing
mengidentifikasi, memetakan, serta mengembangkan talents and succession/replacement table charts (RTC)
talent dan succession/replacement table chart (RTC) from the first line managers to the executive positions.
mulai dari first line manager hingga posisi eksekutif. Conducted regularly once a year, the RTC monitors the

RTC dilakukan secara berkala setiap setahun sekali existing talent list and ensures that it is in line with
guna memonitor daftar bakat yang ada serta menjamin the Company’s needs. In managing talents, ABM Group
kesesuaiannya dengan kebutuhan Perseroan. Salah satu makes structured development interventions through the
bentuk keseriusan Grup ABM dalam pengelolaan talent Leadership Development Program (LDP) and ensures that
adalah dengan melakukan intervensi pengembangan the six sigma methodology is applied in ABM Group.
yang terstruktur melalui Leadership Development Program
(LDP) dan memastikan terealisasinya penerapan six sigma
methodology dalam Grup ABM.
Komite Nominasi dan Remunerasi Direksi ABM (Holding)

Nomination and Remuneration Committee
ABM Board of Directors (Holding)
Seluruh Eksekutif Grup ABM

(Eksekutif ABM dan seluruh Eksekutif Entitas Anak)
Group Executive Management
All ABM Executive Group
(ABM Executive and all Subsidiary Executives)
Seluruh Karyawan (Non-Eksekutif)

Talent Committee
All Employees (Non Executive)
Talent Committee (Seluruh Karyawan – Non-Eksekutif)

Talent Committee (All Employees – Non-Executive)
Komite Peserta/Anggota Pemimpin Fasilitator Waktu

Agenda
Committee Member Leader Facilitator Time
Talent Komite A / BOD ABM & CEO CAO ABM Div. Head Talent & • Confirm Key Talent April / April
Talent Committee Subsidiary Investama Learning (Division Head &
A Group Division Head
Level); dan / and
• Development Plan.
Talent Komite B / Chief/Direktorat Group Div. Head HC Div. Head Talent & Confirm Key Talent & April / April
Talent Committee Chief/Directorate Learning Talent Mapping in Each
B Directorate.
Talent Komite C / Group Div. Head Div. Head Talent & Div. Head Talent & • Review All Maret / March
Talent Committee Learning Learning Employees in Each
C Division; dan / and
• Talent Mapping.
Standardisasi Model Kompetensi Competency Model Standardization

Model kompetensi yang dimiliki Perseroan dijadikan acuan The Company’s competency model is used as a reference
dalam proses pengelolaan dan pengembangan SDM. Model in the HR management and development process. The
kompetensi tersebut meliputi functional & process know- competency model encompasses the functional & process
how (hard skill), leadership know-how, serta business know- know-hows (hard skills), leadership know-hows, and
how (soft skill), dengan corporate values & leadership traits business know-hows (soft skills), with corporate values
(CVLT) sebagai inti. Sejalan dengan hal tersebut, setiap & leadership traits (CVLT) as the core values. In line with
pejabat eksekutif dan karyawan harus berperilaku sesuai this, every executive officer and employee must behave

dengan nilai-nilai inti (core value) serta harus memiliki sikap in accordance with the core values and possess the basic
dan kemampuan dasar kepemimpinan (leadership traits). leadership skills and fortitude (leadership traits). With the
Penerapan CVLT juga diharapkan mampu memberikan application of CVLT, all Company staff are expected to have
pemahaman dasar terkait pola pikir, cara bersikap, dan a basic understanding of the proper mindset and behaviors
bertindak bagi seluruh insan perusahaan. befitting members of the Company.
Bussiness Know How Personal Attributes
Memiliki ketajaman bisnis yang memadai dan mampu menjalankan

Menjalankan esensi dari Core Values &
bisnis atau proses di dalam tanggung jawabnya untuk
Leadership Traits Group TMT.
mewujudkan keunikan dan dominasi.
Carrying out the essence from Core Values &
Having adequate business acumen and being able to run a business or Leadership Traits of TMT Group.
process within the responsibility to realize uniqueness and dominance.
Anggota TMT
Pakar Bisnis TMT Members
Business Expert
Functional & Process Know How Leadership Know How (LDX)
Menjalankan peran-peran fungsional dalam teknologi dan praktik Menunjukkan kemampuan di bidang kepemimpinan
di fungsi tersebut, mengetahui dan mampu melaksanakan praktik dalam mengelola tim dan kinerja bisnis.
terbaik untuk menjalankan fungsi secara kredibel. Demonstrating ability in the field of leadership
Carrying out functional roles in technology and practice in the function, know in managing teams and business performance.
and be able to carry out best practices to carry out the functions credibly.
Pemimpin Hebat
Profesional Kompeten Great Leader
Competent Professional
Model kompetensi ini juga digunakan sebagai pedoman This competency model is also used as a guide in the
dalam proses pengembangan karyawan, pengembangan employee career development process, and developing
kurikulum pelatihan proses rekrutmen, hingga the training curriculum for the recruitment process, such
pengembangan kompetensi dan kapabilitas. Departemen that competency and capabilities are improved. The
SDM bekerja sama dengan departemen atau fungsi terkait human resources department works closely with related
untuk melanjutkan kegiatan kompetensi teknis atau departments and functions to continue the activities of
kompetensi fungsional. technical and functional competencies.
Perseroan senantiasa melakukan pengukuran kompetensi The Company measures leadership and managerial
kepemimpinan dan manajerial secara berkala, guna competencies regularly in order to assess the soft skills of
menilai soft skill pimpinan atau manajer di setiap bagian leaders or managers in each division or department. The
atau departemen. Pengukuran tersebut dilakukan dengan measurement is conducted using the assessment method,
metode assessment, baik dilakukan secara langsung oleh either directly by superiors, panels, or other parties to
atasan, panel, ataupun dengan menunjuk pihak lain untuk assess its reliability.
menilai yang terpercaya.
ABM Group Learning, Peran Pengembangan ABM Group Learning, Role Development
dan Pelatihan and Training
Perseroan berkomitmen untuk melakukan pengembangan The Company is committed to developing and training
dan pelatihan SDM. Hal tersebut diimplementasikan its human resources, implemented through ABM Group
melalui ABM Group Learning Center yang memiliki cakupan Learning Center that has a scope of duties up to ABM Group
tugas hingga tingkat Grup ABM. Tujuan dibentuknya ABM level. The objectives of ABM Group Learning Center are:
Group Learning Center, yaitu:
1. Memprioritaskan program pengembangan dan 1. To prioritize development programs and run them
menjalankannya sesuai dengan prioritas, khususnya according to priorities, particularly those related to
terkait kepemimpinan, manajerial, dan pengetahuan leadership, managerial, and business knowledge;
bisnis;

2. Membantu dalam menanamkan nilai-nilai inti bagi 2. Assist in instilling the core values of all ABM Group
seluruh karyawan Grup ABM; dan employees; and
3. Menjadi media untuk menjalin hubungan baik antar 3. To become a medium for establishing good relations
karyawan Grup ABM agar saling mengenal, kerja between ABM Group employees so that they get to know
sama, dan kolaborasi dalam memahami isu-isu dan one another, cooperate, and collaborate in understanding
tantangan yang dihadapi grup. the issues and challenges faced by the group.
Tim Group Learning dan Departemen SDM di masing- The Group Learning team and the HR Department of each
masing Entitas Anak saling berkolaborasi dan bertanggung Subsidiary collaborate and are in charge of development
jawab terhadap setiap pengembangan dan pelatihan yang and trainings held within ABM environment. Programs
diselenggarakan di lingkungan ABM. Dengan demikian, implemented each year by ABM Group Learning Center are
program yang dilaksanakan oleh ABM Group Learning customized to employees’ needs.
Center telah disesuaikan dengan kebutuhan karyawan di
setiap tahunnya.
Sementara itu, pengembangan kompetensi yang Meanwhile, the competency development carried out by
dilaksanakan Perseroan berlandaskan pada Destination the Company is based on the 2020 Destination Statement,
Statement 2020. yaitu “Employer of Choice: People namely "Employer of Choice: People Effectiveness". On
Effectiveness”. Atas dasar tersebut, Perseroan this basis, the Company engages its employees in various
mengikutsertakan karyawan dalam berbagai program internal and external competency development programs.
pengembangan kompetensi, baik yang diselenggarakan The Company's HR competency development programs in
oleh pihak internal maupun eksternal. Rincian pelaksanaan 2020 are shown in the table as follows.
program pengembangan kompetensi SDM Perseroan di
tahun 2020 dapat dilihat pada tabel berikut.
Pengembangan Kompetensi Berdasarkan Level Jabatan Tahun 2020

Competence Development by Position Level in 2020
Level Jenis Pendidikan dan

Jumlah
Jabatan Pelatihan Tujuan Pendidikan dan Pelatihan
Peserta
Position Type of Training and Purpose of Training and Development
Participants
Level Development
Non-Staff Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 1.006
dengan fungsi pekerjaan, khususnya di level non-staff.
Providing specific knowledge and skills required to conduct their work functions
especially for those in the non-staff level.
Soft Skill Memberikan pengetahuan dan keterampilan yang dibutuhkan seluruh jajaran 44
di organisasi untuk mencapai Visi dan Misi Perseroan, khususnya mengenai
leadership skill di level non-staff.
Providing specific knowledge and skills required by all members of the organization
to achieve the Company’s vision and mission, especially related to non-staff level’s
leadership skill.
Staff Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 1.697
dengan fungsi pekerjaan, khususnya di level staff.
especially for those in the staff level.
di organisasi untuk mencapai Visi dan Misi Perseroan, khususnya mengenai
leadership skill di level staff.
to achieve the Company’s vision and mission, especially leadership skill for those
in the staff level.

Level Jenis Pendidikan dan

Jumlah
Jabatan Pelatihan Tujuan Pendidikan dan Pelatihan
Peserta
Position Type of Training and Purpose of Training and Development
Participants
Level Development
Supervisor Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 1.215
dengan fungsi pekerjaan, khususnya di level supervisory.
especially for those in the supervisory level.
di organisasi untuk mencapai visi dan misi Perseroan, khususnya mengenai
leadership skill di level supervisory.
to achieve the Company’s vision and mission, especially leadership skill for those in
the supervisory level.
Manager Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 562
dengan fungsi pekerjaan, khususnya di level managerial.
especially for those in the managerial level.
leadership skill di level managerial.
the managerial level.
General Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 11
Manager dengan fungsi pekerjaan, khususnya di level general manager.
especially for those in the general manager level.
leadership skill di level general manager.
the general manager level.
Executive Functional Skill Memberikan pengetahuan dan keterampilan spesifik yang dibutuhkan sesuai 2
dengan fungsi pekerjaan, khususnya di level executive.
especially for those in the executive level.
leadership skill di executive.
the executive level.
Persentase Peserta Kompetensi

Proprotions of Training Participants
Jumlah Peserta
Participants
Jenis Pendidikan dan Pelatihan
Type of Training and Development Persentase
D GM M S S&NS Total Percentage
(%)
Functional Skill 2 11 562 1.215 2.703 4.493 81,39

Soft Skill 17 5 304 337 364 1.027 18,61
Catatan / Notes:
D : Director S : Supervisor
GM : General Manager S&NS : Staff & Non Staff
M : Manager

Pada tahun 2020, biaya yang dikeluarkan Perseroan In 2020, the Company disbursed Rp1.75 billion for training.
untuk pelatihan mencapai Rp1,75 miliar. Biaya tersebut This amount was disbursed to fund the training sessions,
digunakan Perseroan untuk menyediakan pelatihan, including development costs and supporting costs, with the
meliputi biaya pengembangan dan biaya pendukung, details as follows:
dengan rincian sebagai berikut.
1. 49.719 jam pengembangan dan pelatihan; 1. 49,719 hours of development and training;
2. 5.520 peserta; 2. 5,520 training participants;
3. 320 program pelatihan fungsional; serta 3. 320 functional training programs; and
4. 74 program pelatihan kepemimpinan dan manajerial. 4. 74 leadership and managerial training programs.
Selain melaksanakan program pelatihan, Perseroan juga In addition to conducting training programs, the Company
memberikan kesempatan karyawan dan Pejabat Eksekutif also provided opportunities to employees and Executive
untuk ikut berpartisipasi dalam program pelatihan yang Officers to participate in training programs organized by
diselenggarakan oleh lembaga lain. Program tersebut other institutions. The programs were adjusted according
disesuaikan dengan kebutuhan dan prioritas perusahaan, to the company needs and priorities, in which most of
di mana sebagian besar program pelatihan yang the training programs organized by external parties were
diselenggarakan pihak eksternal merupakan pelatihan technical/functional training that in general were not
teknis/fungsional yang pada umumnya tidak terdapat available in ABM Learning Group.
dalam ABM Group Learning.
Pengelolaan dan Layanan Eksekutif Executive Management and Services

Pengelolaan dan layanan eksekutif terpusat pada Grup The management and executive services are centralized in
ABM. Layanan eksekutif berkaitan dengan remunerasi, ABM Group. Executive services are related to remuneration,
penggajian, serta benefit yang dilayani oleh ABM Group payroll, and benefits served by ABM Group Compensation
Compensation and benefit. Sementara itu, pengelolaan dan and benefits. Meanwhile, executive management and
pengembangan eksekutif mencakup nominasi, seleksi, development include nomination, selection, evaluation,
evaluasi, rotasi, mutasi, promosi, dan pengembangan rotation, transfer, promotion, and development whereby
yang pelaksanaannya dikoordinasi oleh Group Executive the implementation is coordinated by the Group Executive
Management (GEM). Management (GEM).
GEM beranggotakan Direksi dan dikepalai oleh Direktur GEM comprises of members of the Board of Directors
Utama Perseroan. Aktivitas yang dilaksanakan GEM and is headed by the President Director of the Company.
difasilitasi oleh Departemen SDM sebagai pihak yang The activities conducted by GEM are facilitated by the HR
memastikan bahwa seluruh proses nominasi hingga Department, the party that ensures the entire nomination
promosi memenuhi prinsip keadilan, kesetaraan, dan process to promotions fulfills the principles of fairness,
transparansi. GEM juga secara berkala melakukan evaluasi equality and transparency. GEM also regularly conducts
dan peninjauan atas grup eksekutif untuk menyiapkan evaluations and reviews of executive groups to prepare
pengembangan yang sesuai dan program suksesi. tailored development and succession programs.
Program pengembangan eksekutif yang dijalankan GEM, Executive development programs run by GEM are:
yakni:
1. Pembelajaran formal, melalui pelatihan di kelas, 1. Formal learning, through classroom training, workshops,
lokakarya, dan seminar-seminar; and seminars;
2. Pembelajaran secara relasi, melalui sistem teman, 2. Relational learning, through the peer-to-peer system,
bimbingan, dan mentoring; serta guidance, and mentoring; and
3. Pembelajaran praktis, melalui penugasan proyek. 3. Practical learning, through project assignments.
Selain itu, Perseroan juga memberikan kesempatan bagi In addition, the Company also provides opportunities for
Pejabat Eksekutif untuk terlibat dalam pelatihan yang Executive Officers to be involved in training organized by
diselenggarakan oleh lembaga pelatihan terbaik, baik di the best local and international training institutions.
dalam maupun luar negeri.

Pengelolaan Kinerja dan Produktivitas Performance and Productivity Management

Sistem pengelolaan kinerja dan produktivitas The performance and productivity management system is
dilaksanakan secara komprehensif oleh Grup ABM melalui carried out comprehensively by ABM Group over 4 stages:
4 tahapan, yakni perencanaan, pelaksanaan, pemantauan planning, implementing, monitoring and controlling,
dan pengendalian, serta perbaikan kinerja. Perencanaan and improving performances. Planning is carried out by
dilakukan dengan menyusun rencana strategis, compiling a strategic plan, allocating a budget, setting
mengalokasikan anggaran, menetapkan sasaran, dan targets, and determining Key Performance Indicators (KPI)
menentukan Key Performance Indicators (KPI) yang which include 4 Balanced Scorecard (BSC) perspectives,
mencakup 4 perspektif Balanced Scorecard (BSC), yaitu namely finance, violations, processes, as well as learning
keuangan, pelanggaran, proses, serta pembelajaran dan and growth.
pertumbuhan.
Pelaksanaan serta pemantauan dan pengendalian Implementation, monitoring and control are carried out
dilakukan sepanjang tahun dengan mengacu pada throughout the year with reference to the work plans.
rencana kerja. Akan tetapi, pemantauan dan pengendalian However, monitoring and control are carried out during
dilaksanakan pada saat ulasan manajemen melalui management reviews through the group leader’s monthly
pertemuan bulanan para pemimpin grup, antara Direksi meetings, among the Company's Board of Directors and the
Perseroan dengan Direktur Utama Entitas Anak. Di sisi Subsidiary's President Director. On the other hand, through
lain, melalui aktivitas pemantauan dan pengendalian, monitoring and control activities, ABM Group reviews the
Grup ABM mengkaji kemajuan pelaksanaan maupun progress of implementation and the obstacles so that it is
kendala yang dihadapi sehingga mampu menemukan able to find solutions in the next management review.
solusi sebagai tindakan koreksi untuk ditinjau pada ulasan
manajemen periode berikutnya.
Tahapan terakhir, yaitu perbaikan kinerja yang The final stage, which is performance improvement, is
dilaksanakan melalui sosialisasi dan komunikasi tentang carried out through disseminating and communicating
pengukuran, kinerja, termasuk penyelenggaraan about measurements, performance, including organizing
lokakarya mengenai BSC, bekerja sama dengan konsultan. workshops on BSC, and collaborations with consultants.
Lokakarya tersebut diberikan kepada seluruh Pejabat The workshops, provided to all Executive Officers within
Eksekutif di Grup ABM yang memiliki tanggung jawab ABM Group who have responsibilities for managing
terhadap pengelolaan kinerja yang akan dikoordinasikan performances, are organized by the Office of Strategy
oleh Departement Office of Strategy Management. Management Department. Improvements in performance
Perbaikan terhadap pengelolaan kinerja telah terbukti management have been shown to improve ABM's overall
mampu meningkatkan kinerja operasional dan konsolidasi operational and consolidation performance.
ABM secara keseluruhan.
Selain itu, Grup ABM juga melakukan pengelolaan In addition, ABM Group also manages all employee
produktivitas dengan menggunakan Employee Productivity productivity by using the Employee Productivity Index (EPI).
Index (EPI) untuk mengukur produktivitas seluruh EPI measurement refers to the ratio of EBITDA to total
karyawan. Pengukuran EPI mengacu pada rasio EBITDA labor costs. Meanwhile, operationally EPI uses a ratio that
terhadap total biaya tenaga kerja. Sementara EPI secara is adjusted to each type of business. The EPI measurement
operasional menggunakan rasio yang disesuaikan dengan is carried out at the operational stage, in which the
jenis usaha masing-masing. Pengukuran EPI tersebut organization can determine various policies related to HR.
dilakukan sampai pada tahap operasional sehingga In 2020, the Company's productivity ratio reached 0.95%,
membantu organisasi untuk menentukan berbagai while in 2019 it was recorded at 0.99%.
kebijakan yang berhubungan dengan SDM. Pada tahun
2020, rasio produktivitas Perseroan mencapai 0,95%,
sedangkan tahun 2019 tercatat sebesar 0,99%.

Penilaian Kinerja Performance Appraisals

Penilaian kinerja dilaksanakan rutin setiap tahun Performance appraisals are carried out regularly every
berdasarkan Rencana Kerja (Individual Performance Plan/ year based on the Individual Performance Plan (IPP)
IPP) dan Rencana Pengembangan Individu Plan/IDP, yang and the Individual Development Plan (IDP), also called
juga disebut Performance Management Development the Performance Management Development (PMD). IPP
(PMD). IPP memuat rencana kerja KPI dan targetnya, contains KPI work plans and targets, while IDP contains
sedangkan IDP memuat rencana pengembangan sesuai development plans according to each individual’s needs and
dengan kebutuhan dan aspirasi individu. aspirations.
Hubungan Industrial dan Komunikasi Industrial Relations and Communications

Perseroan dan Entitas Anak meyakini bahwa seluruh The Company and its Subsidiaries believe that all
karyawan dilindungi oleh Peraturan Perusahaan (PP) dan/ employees are protected by a Company Regulation (PP)
atau Perjanjian Kerja Bersama (PKB) yang secara berkala and/or Collective Bargaining Agreement (PKB) that are
diperbarui dan disesuaikan dengan kondisi terkini, yakni regularly updated and adjusted to the latest conditions,
pembaruan regulasi, masukan dari karyawan, dan hal-hal namely regulatory updates, employee input, and things that
yang belum ada sebelumnya. Melalui PP/PKB diharapkan did not exist prior. With the PP/PKB, it is expected that work
mampu meningkatkan semangat dalam bekerja, kreatifitas, morale to be boosted, creativity, vision as well as employee
visioner, serta efektivitas, dan produktivitas karyawan effectiveness, and productivity be improved so as to give
sehingga mampu memberikan kinerja terbaik di Perseroan. the best performance to the Company.
Selain itu, Grup ABM berupaya untuk melaksanakan In addition, ABM Group strives to communicate effectively
komunikasi secara efektif dengan seluruh karyawan untuk with all employees to foster good relationships through
menciptakan hubungan yang baik melalui pembentukan formal and informal communication channels. Formal
saluran komunikasi, baik formal maupun informal. Saluran communication channels are done through one-on-
komunikasi formal dilakukan melalui one-on-one meeting one meetings with superiors. Meanwhile, informal
dengan atasan. Sementara itu, komunikasi informal communication channels are done through breakfast
dilaksanakan melalui breakfast briefing, townhall, leaders briefings, townhalls, leaders café, internal publications,
café, majalah internal, drop box, clinic, dan aktivitas lainnya. drop box, clinics and other activities. Through these existing
Dengan adanya saluran komunikasi tersebut, komunikasi channels, communication established are expected to
yang terjalin diharapkan dapat lebih efektif, terutama dari be more effective, especially information delivered from
atasan kepada karyawan, sehingga penyampaian terkait employers to employees, so that opinions, ideas, and
pendapat, ide-ide, serta keluhan karyawan dapat diterima employees’ grievances could be received promptly by the
cepat oleh pihak Manajemen. Management.
Program lain yang dilakukan Grup ABM terkait hubungan Another program related to industrial relations and
industrial dan komunikasi adalah mengadakan ajang communications conducted by ABM Group includes holding
penghargaan bernama President Director Quality Award an award event called the President Director Quality Award
(PDQA). Program tersebut ditujukan untuk memberikan (PDQA). The program is intended to provide the best exposure
exposure terbaik bagi program improvement yang for improvement programs implemented in each Subsidiary
dilaksanakan di setiap Entitas Anak sehingga dijadikan so that they are used as part of the implementation of ABM's
sebagai bagian dari penerapan Nilai-Nilai Inti ABM, Core Values, improvement, sustainability and excellence.
perbaikan, berkesinambungan, dan keunggulan. Ajang The award event, first held in 2012, is expected to motivate
penghargaan yang telah mulai digelar pada tahun 2012 employees to continue making the latest innovations and
tersebut diharapkan dapat memotivasi karyawan untuk apply them to the company's operational activities. Award
terus melakukan inovasi terbaru dan menerapkannya categories contained in the event are:
dalam kegiatan operasional perusahaan. Kategori
penghargaan yang terdapat dalam ajang tersebut, yakni:
1. The Best in Overall Improvement; 1. The Best in Overall Improvement;
2. The Best in Quality Improvement; 2. The Best in Quality Improvement;
3. The Best in Cost Improvement; dan 3. The Best in Cost Improvement; and
4. The Best in Delivery Improvement. 4. The Best in Delivery Improvement.

Kepuasan dan Keterikatan Karyawan Employee Satisfaction and Engagement

Beberapa tahun sebelumnya, Perseroan memperoleh Several years ago, the Company received periodic
masukan secara periodik melalui penyelenggaraan feedback through disseminating Employee Opinion
Employee Opinion Survey (EES) yang dilakukan secara Survey (EES) conducted internally. Nevertheless, in
internal. Namun, pada tahun 2018, Perseroan mulai 2018, the Company started conducting EES by involving
melaksanakan EES dengan melibatkan konsultan management consultants or independent parties to assist
manajemen atau pihak independen untuk membantu in facilitating the process of business activities, mainly in
memfasilitasi proses aktivitas bisnis terutama dalam helping the company reach its business goals by raising
membantu meningkatkan produktivitas yang positif bagi positive productivity in work. The survey conducted was to
pencapaian sasaran perusahaan. Survei ini dilakukan measure the employee engagement through determining
untuk mengukur tingkat keterikatan karyawan melalui the Company’s performance indicators of say, stay, strive
indikator say, stay, strive (3S) yang menjadi penentu kinerja (3S). Therefore, the main factors that encourage employee
Perseroan. Dengan demikian, faktor utama yang dapat engagement with the company could be easily identified by
mendukung keterikatan karyawan dengan perusahaan ABM Management.
dapat mudah teridentifikasi oleh Manajemen ABM.
Selain itu, Perseroan juga melakukan diskusi (focus Other than this, the Company also conducted a focus
grup discussion/FGD) untuk lebih memahami kebutuhan group discussion (FGD) to better understand its employee’s
karyawan. FGD tersebut kemudian dijadikan sebagai needs. The FGD also became part of the means to contain
sarana untuk menampung aspirasi karyawan sehingga employee’s aspirations so as to be further improve its
dapat melakukan perbaikan produktivitas serta productivity and increase employee engagement. Inspite of
meningkatkan keterikatan dengan karyawan. Meskipun the score, this did not satisfy ABM as there are many things
demikian, hal tersebut tidak membuat ABM merasa puas that needed to be improved in order to develop and raise the
karena masih banyak hal yang perlu diperbaiki guna productivity and enthusiasm for all ABM Group employees.
mengembangkan dan meningkatkan produktivitas serta
semangat seluruh anggota Grup ABM.
ENGAGEMENT DRIVER
Best Employer Differentiator
Talent Focus Engaging Leadership Agility

Engaging Leadership
• Brand • Senior Leadership • Collaboration

• Career & Development • Direct Supervisor • Customer focus
• Performance Management • Decision-making
• Rewards & Recognition • Diversity & Inclusion
Agility Talent Focus • Talent & Staffing
THE WORK
EXPERIENCE Foundation
The Basic The Work
• Empowerement / Autonomy • Work Tasks

The Basic The Work • Safety • Work/Life Balance
ENGAGEMENT OUTCOMES BUSINESS OUTCOMES
SAY STAY STRIVE Talent Operastional Financial

• Rentention • Productivity • Revenue/sales growth
• Absenteeism • Safety • Op. Income Margin
• WellTotal Shareholders Return

Grup ABM setiap tahun menyelenggarakan Penghargaan Each year, ABM Group gives a Service Year Award (SYA) for
Masa Bakti (Service Year Award/SYA) bagi karyawan employees as a form of appreciation to those who have
sebagai bentuk apresiasi kepada karyawan yang sudah contributed to business activities for a certain period of
berkontribusi dalam kegiatan usaha dalam jangka waktu time. Over the years, SYA has become a mandatory formal
tertentu. SYA merupakan kegiatan formal yang menjadi activity for all entities under the TMT Group. Awards are
mandatory bagi seluruh entitas di bawah Grup TMT. given to employees based on:
Penghargaan diberikan kepada karyawan berdasarkan:
1. Masa kerja 8 tahunan (sewindu); 1. Working period of 8 years;
2. Masa kerja 16 tahunan (dwiwindu); 2. Working period of 16 years;
3. Masa kerja 24 tahunan (triwindu); dan 3. Working period of 24 years; and
4. Masa kerja 32 tahunan (catur windu). 4. Work period of 32 years.
Selain itu, ABM bekerja sama dengan Grup TMT dan Entitas In addition, ABM collaborates with the TMT Group and its
Anak dalam melaksanakan acara kebersamaan yang Subsidiaries to organize company gathering events so as to
dibentuk untuk menciptakan solidaritas antar karyawan foster employee solidarity and develop their social capacity.
sehingga mampu mengembangkan kapasitas sosialnya. Activities carried out include holding sports activities in the
Kegiatan yang dilakukan seperti kegiatan olahraga di dalam office (TMT Sport Center), outside the office (golf, swimming
kantor (TMT Sport Center) dan di luar kantor (komunitas and badminton communities), as well as an annual TMT
golf, renang, dan badminton), serta mengadakan kompetisi sports competition and several other activities. Concerning
olahraga tahunan TMT dan beberapa kegiatan lain. Dalam CSR-related activities, employees are encouraged to
beberapa kegiatan, khususnya terkait program tanggung participate in social donations and activities under the
jawab sosial, Perseroan juga mendukung karyawan untuk community program with the hope of developing a sense of
melakukan kegiatan sosial melalui pemberian donasi care toward the surrounding environment.
dan pengembangan komunitas guna menumbuhkan rasa
kepedulian karyawan terhadap lingkungan sekitar.
Remunerasi dan Tunjangan Remuneration and Benefits

Pengelolaan remunerasi dan tunjangan yang dilakukan Management of remuneration and benefits carried out
Grup ABM dengan mengacu pada beberapa prinsip dasar, by ABM Group refers to several basic principles, such as
seperti menghargai orang (people) yang tepat di posisi appreciating people who attain the right position through
(position) secara kompetitif (competitiveness) dan adil a competitive manner and ways that that internally fair,
(internally fair) sesuai dengan kinerjanya (performance) in accordance with their performance and compliance
dan peraturan yang berlaku (compliance). Remunerasi with applicable regulations. Remuneration is determined
ditetapkan berdasarkan tingkat di industri sejenis, based on the level in similar industries, labor regulations,
peraturan ketenagakerjaan, peraturan upah minimum provincial minimum wage (UMP) regulations, and the
provinsi (UMP), serta kemampuan finansial Perseroan. Company's financial capacity. The policy applies to all levels
Kebijakan tersebut berlaku bagi seluruh level organisasi of ABM organization regardless of gender. Remuneration is
ABM tanpa membedakan jenis kelamin. Pemberian also given according to the duties and responsibilities as
remunerasi juga disesuaikan dengan tugas dan tanggung well as the contributions of each employee, so the Company
jawab serta kontribusi masing-masing karyawan, implements a remuneration scheme based on competence,
maka Perseroan menerapkan skema remunerasi yang responsibility, and performance. This is done to maintain
didasarkan pada kompetensi, tanggung jawab, serta the competitiveness of ABM Group and retain employees
kinerja. Hal tersebut dilakukan untuk menjaga daya saing in the labor market. ABM Group also collaborates with
Grup ABM dan mempertahankan karyawan di pasar tenaga independent consultants to conduct assessments of current
kerja. Grup ABM juga bekerja sama dengan konsultan market conditions so as to obtain information regarding
independen untuk melakukan pengkajian terhadap kondisi remuneration comparisons with other companies.
pasar terkini sehingga mendapatkan informasi terkait
perbandingan remunerasi dengan perusahaan lain.
Selain remunerasi, Perseroan memberikan tunjangan guna In addition to remuneration, the Company provides allowances
meningkatkan kesejahteraan hidup karyawan. Tunjangan to enhance employee welfare. The benefits provided are in
yang diberikan berupa fasilitas kesehatan, transportasi, the form of health facilities, transportation, communication,

komunikasi, peralatan kerja, pendidikan anak, rekreasi, work equipment, children's education, recreation, facilities
fasilitas penggantian biaya pengobatan rawat jalan, rawat for reimbursement of outpatient medical expenses,
inap, dan pemeriksaan kesehatan yang dilakukan secara inpatient care, and periodic medical examinations that are
berkala sesuai dengan jabatan masing-masing karyawan. performed according to the employee’s position.
Selain itu, Perseroan juga telah menyiapkan fasilitas In addition, the Company has prepared a pension program
program pensiun bagi karyawan tetap yang dikelola oleh for its permanent employees, managed by the Financial
Dana Pensiun Lembaga Keuangan (DPLK) PT Bank Negara Institutions Pension Fund (DPLK) of PT Bank Negara
Indonesia (Persero) Tbk serta memberikan bantuan kepada Indonesia (Persero) Tbk and provides assistance to
karyawan yang akan pensiun dengan menyelenggarakan employees who are about to retire by organizing pension
program/kegiatan persiapan pensiun. preparatory programs/activities.
Rencana Pengembangan Pengelolaan SDM Future Human Resource Management

ke Depan Development Plans
Pengembangan pengelolaan SDM yang dilakukan pada Human resource developments that were executed in 2021,
tahun 2021, yakni: were:
1. Pelaksanaan program pengembangan kepemimpinan 1. Implementation of leadership development program for
bagi karyawan di level manajer; employees in the managerial level;
2. Pelaksanaan program pengembangan kompetensi 2. Implementation of competence development program
berdasarkan IDP sesuai dengan kebutuhan karyawan; based on IDP in line with employee needs; and
dan
3. Peningkatan kemampuan teknikal bagi karyawan di 3. Improvement of technical skills for employees across all
seluruh Entitas Anak; serta Subsidiaries; and
4. Penyusunan e-learning. 4. Preparation of e-learning.

Dampak yang diperoleh Perseroan terkait pengelolaan Impacts from the Company regarding HR management are:
SDM, yakni:
1. Terjalinnya hubungan yang harmonis dengan 1. The establishment of a harmonious relationship with
karyawan; dan employees; and
2. Tersedianya SDM yang kompeten. 2. Availability of competent human resources.
Mekanisme Pengaduan Masalah Grievance Mechanism

Pengaduan masalah terkait ketenagakerjaan dapat Complaints about labor-related issues can be submitted
disampaikan melalui Departemen Sumber Daya Manusia. through the Human Resources Department.
Komitmen Mengedepankan Kesehatan dan Keselamatan Kerja (K3)

Commitments to Prioritize Occupational Health and Safety
Komitmen
Commitment
• Memelihara serta menjaga lingkungan kerja yang sehat • Maintain a healthy and conducive work environment to
dan kondusif dalam mendukung produktivitas; support work productivity;
• Melarang anggota ABM menjual, membuat, menyalurkan, • Prohibit ABM members from selling, making, distributing,
memiliki, serta menggunakan zat dan obat-obatan possessing, and using illegal substances and drugs in the
terlarang di tempat kerja; workplace;
• Melarang anggota ABM meminum minuman keras atau • Prohibit ABM members from drinking alcoholic beverages or
minuman yang mengandung alkohol selama bekerja; serta drinks containing alcohol while working; and
• Melarang anggota ABM menyimpan atau menggunakan • Prohibit ABM members from keeping or using firearms
senjata api atau senjata berbahaya lain pada jam kerja di or other dangerous weapons during working hours in the
tempat kerja, kecuali telah mendapat persetujuan dari workplace, unless they have the approval of the Board of
Direksi dan merupakan bagian dari pekerjaan. Directors and assigned as part of the job.

Kebijakan
Policies
• Pedoman Etika dan Perilaku (Code of Ethic and Conduct/ • The Code of Ethic and Conduct (COEC);
COEC);
• Surat Edaran Menteri Kesehatan Republik Indonesia • A Circulation Letter by the Republic of Indonesia’s Ministry
No. HK.02.01/Menkes/216/2020 tentang Protokol of Health No. HK.02.01/Menkes/216/2020 regarding the
Pencegahan Penularan Corona Virus Disease (Covid-19) di Protocol for the Prevention of Corona Virus Disease
Tempat Kerja; (Covid-19) Transmission in the Workplace;
• Intra-Office Memo No. 011/INTRA/HMU/III/2020 Perihal • Intra-Office Memo No. 011/INTRA/HMU/III/2020 on
Mitigasi dan Penanganan Wabah Virus Corona (Covid-19); Mitigation and Management of Corona Virus (Covid-19)
Outbreak;
• Intra-Office Memo No. 014/INTRA/AES/III/2020 Perihal • Intra-Office Memo No. 014/INTRA/AES/III/2020 on
Menjaga Keberlangsungan Operasional Sebagai Upaya Maintaining Continuity of Operations as Efforts of
Pencegahan, Mitigasi, dan Kesiapsiagaan Menghadapi Prevention, Mitigation, and Alertness of the Spread of the
Penyebaran Virus Corona (Covid-19); Coronavirus (Covid-19);
• Intra-Office Memo No. 013/INTRA/HMU/III/2020 Perihal • Intra-Office Memo No. 013/INTRA/HMU/III/2020 on Work
Pengaturan Bekerja dari Rumah (Work from Home) untuk from Home Arrangements for ABM Group Employees in
Karyawan Grup ABM Se-Jabodetabek; Greater Jakarta;
Perluasan Pengaturan Bekerja dari Rumah (Work from Expansion of Work from Home Arrangements for ABM Group
Home) untuk Karyawan Grup ABM; Employees;
Penetapan Periode Work from Home untuk Karyawan Grup Determination of Work from Home Period for ABM Group
ABM; Employees;
• Intra-Office Memo No. 021/INTRA/HMU/IV/2020 Perihal • Intra-Office Memo No. 021/INTRA/HMU/IV/2020 on
Pedoman Pelaksanaan Rapid Test dan Polymerase Chain Guidelines for Implementation of Rapid Test and Polymerase
Reaction (PCR) Test dalam Penanganan Kasus Covid-19 di Chain Reaction (PCR) Tests in Handling Covid-19 Cases in
Grup ABM; ABM Group;
• Intra-Office Memo No. 023/INTRA/HMU/V/2020 perihal • Intra-Office Memo No. 023/INTRA/HMU/V/2020 on Special
Kebijakan Khusus Pembelian Tiket Penerbangan Policy for Purchasing Business Travel Flight Tickets
Perjalanan Dinas selama Pembatasan Transportasi terkait during Transportation Restrictions related to the Covid-19
Pandemi Covid-19 untuk Karyawan Grup ABM; Pandemic for ABM Group Employees;
• Intra-Office Memo No. 024/INTRA/HMU/VI/2020 Perihal • Intra-Office Memo No. 024/INTRA/HMU/VI/2020 on
Aturan Tambahan Pelaksanaan Polymerase Chain Reaction Additional Rules for Implementing Polymerase Chain
(PCR) Test terkait Perjalanan Bisnis; Reaction (PCR) Tests related to Business Travels;
• Intra-Office Memo No. 025/INTRA/HMU/VI/2020 Perihal • Intra-Office Memo No. 025/INTRA/HMU/VI/2020 on
Pelaksanaan Polymerase Chain Reaction (PCR) Test terkait Implementation of Polymerase Chain Reaction (PCR) Tests
Operasional; related to Operations;
• Intra-Office Memo No. 028/INTRA/HMU/VIII/2020 perihal • Intra-Office Memo No. 028/INTRA/HMU/VIII/2020 on Use
Penggunaan Maskapai Penerbangan untuk Perjalanan of Airlines for Business Travel During the Covid-19 Pandemic
Dinas Selama Masa Pandemi Covid-19, untuk Karyawan for ABM Group Employees;
Grup ABM;
• Intra-Office Memo No. 029/INTRA/HMU/VIII/2020 Perihal • Intra-Office Memo No. 029/INTRA/HMU/VIII/2020 on
Prosedur Pelaksanaan Cuti Karyawan Selama Masa Procedures for Employee Leave-Taking During the Covid-19
Pandemi Covid-19, untuk Karyawan Grup ABM; Pandemic for ABM Group Employees;
• Intra-Office Memo No. 030/INTRA/MVC/VIII/2020 Perihal • Intra-Office Memo No. 030/INTRA/MVC/VIII/2020 on
Pengaturan Roster Cuti Karyawan Staf Selama Masa Arrangement of Employee Leave Roster During the Covid-19
Pandemi Covid-19; Pandemic;
• Intra-Office Memo No. 034/INTRA/HMU/IX/2020 perihal • Intra-Office Memo No. 034/INTRA/HMU/IX/2020 on Work
Aktivitas Kerja dan Perjalanan Dinas selama masa Pandemi Activities and Official Business Travels during the Covid-19
Covid-19, untuk Direksi dan Karyawan Grup ABM; Pandemic, for Directors and Employees of ABM Group;
• Intra-Office Memo No. 042/INTRA/HMU/XII/2020 Perihal • Intra-Office Memo No. 042/INTRA/HMU/XII/2020 on
Ketentuan Khusus Cuti Tahunan 2020 dan Kedisiplinan Special Provisions for 2020 Annual Leave and Disciplined
Pelaksanaan Protokol Kesehatan Covid-19; Implementation of COVID-19 Health Protocol;
• Intra-Office Memo No. 043/INTRA/AES/XII/2020 Perihal • Intra-Office Memo No. 043/INTRA/AES/XII/2020 on Year-
Pesan Akhir Tahun dan Himbauan Menjalankan Adaptasi End Messages and Appeals for Adaptation of New Normal
Kebiasaan Baru (“AKB”); (“AKB”);
• Intra-Office Memo No. 045/INTRA/HMU/XII/2020 perihal • Intra-Office Memo No. 045/INTRA/HMU/XII/2020 on
“Menjalankan Adaptasi Kebiasaan Baru”, untuk Direksi dan "Adaptation of New Normal" for Directors and Employees of
Karyawan Grup ABM; dan ABM Group; and
• Pedoman Adaptasi Kebiasaan Baru yang Dipergunakan • Guidelines for Adaptation of New Normal in Operational
dalam aktivitas Operasional. Activities.

Perumusan Tanggung Jawab Sosial Terkait Kesehatan dan Keselamatan Kerja

Formulation of CSR Related to Occupational Health and Safety

• Ketersediaan sarana dan prasarana • Meningkatnya tingkat kecelakaan • Meninjau sarana dan prasarana kerja
keselamatan kerja; serta kerja; secara berkala; serta
• Ketersediaan fasilitas dan tunjangan • Menurunnya produktivitas kerja • Memberikan tunjangan kesehatan
kesehatan. karyawan; dan keselamatan kerja.
• Availability of facilities and • Menimbulkan lingkungan kerja yang • Review work facilities and
infrastructure for work safety; and tidak kondusif dan tidak aman; serta infrastructure regularly; and
• Availability of health facilities and • Menurunnya reputasi perusahaan. • Provide occupational health and
benefits. • Increase of rates of work accidents; safety benefits.
• Decrease in employees’ work
productivity;
• Creating a work environment that is
not conducive and unsafe; and
• Company reputation lowers.
Pelaksanaan Inisiatif Initiative Implementation

1. Kesehatan 1. Health
Kepedulian Perseroan terkait kesehatan karyawan Concern of the Company of the health of its employees
dibuktikan melalui program berikut. is evidenced through the following program.
a. Memberikan fasilitas pemeriksaan kesehatan a. Providing health test facilities in stages in
secara berkala yang disesuaikan dengan usia accordance with the employees’ seniority. The
karyawan. Karyawan juga diberi kesempatan untuk employees are also given opportunities to consult
berkonsultasi langsung dengan dokter apabila directly with a doctor in the event of any health
mengalami masalah kesehatan; problems;
b. Menjalin kerja sama dengan berbagai rumah sakit b. Working together with several hospitals around the
di wilayah kantor pusat dan sekitarnya; office area;
c. Mengikutsertakan seluruh karyawan dalam c. Enrolling all employees in the Work Accident
Jaminan Kecelakaan Kerja (JKK) yang Security (JKK) organized by the Employment Social
diselenggarakan oleh Badan Penyelenggara Security Administration (BPJS); and
Jaminan Sosial (BPJS) Ketenagakerjaan; serta
d. Mendorong seluruh karyawan untuk mengikuti d. Encouraging all employees to comply with regular
berbagai program kesehatan secara rutin, seperti health programs, such as doing mass exercises,
olahraga bersama, mengikuti seminar kesehatan following health and fitness seminars, and maintain
dan kebugaran, serta memelihara kesehatan heart health.
jantung.
Selain program tersebut, sejalan dengan tantangan Apart from the abovementioned programs, in line
yang dihadapi oleh seluruh dunia di tahun 2020, with challenges faced by the rest of the world in 2020,
Perseroan telah menyusun kebijakan terkait the Company formulated policies related to health
protokol kesehatan yang wajib ditaati oleh seluruh protocols that must be adhered to by all members of the
insan perusahaan dalam rangka memutus mata Company in order to break the chain of transmissions
rantai penyebaran corona virus disease (Covid-19). of the coronavirus disease (Covid-19). Policies of the
Kebijakan protokol kesehatan bagi karyawan tersebut health protocols for all employees are as follows.
diungkapkan sebagai berikut.

Kebijakan Grup ABM

ABM Group’s Policies
Mencegah Penyebaran Covid-19

Preventing the Spread of Covid-19
Work from home Pengukuran suhu badan karyawan atau tamu

Work from home Checking the body temperature of company
employees and visitors
Pelaksanaan swap antigen dan polymerase

chain reaction (PCR) test Penyediaan hand sanitizer
Implementation of the swap antigen and Provision of hand sanitizers
polymerase chain reaction (PCR) test
Pelaksanaan “Adaptasi Kebiasaan Baru” Penyediaan petugas medis

Implementation of "Adaptation to New Habits" Provision of medical personnel
Penggunaan “Flight Charter” untuk karyawan

yang akan ke site Pelaksanaan Screening Covid-19
Use of "Flight Charter" for employees going to Implementation of Covid-19 screening
the site
Penggunaan “Glass Border” di meja

resepsionis
Use of "Glass Border" at the reception desk
Menyediakan Perlengkapan Standar bagi Karyawan

Providing Standard Equipment for Employees
Hand sanitizer
Hand sanitizers Tempat cuci tangan
Handwashing facilities
Masker Seragam khusus/antistatis

Masks Special/antistatis uniforms
Pemberian multivitamin untuk menambah

Thermo scanner imunitas karyawan
Thermo scanners Provision multivitamins to boost employee
immunity
Physical Distancing / Physical Distancing
Line di dalam lift Line antrian masuk lift Pengaturan tempat duduk di kantor
Observing social distancing when Observing social distancing in Seating arrangements in the office
riding the elevators queues in front of the lifts

Selain kebijakan tersebut, Perseroan juga telah In addition to this policy, the Company also formed a
membentuk Satuan Tugas (Satgas) Covid-19 sejak bulan Covid-19 Task Force in March 2020. The formation of the
Maret 2020. Pembentukan Satgas Covid-19 langsung Covid-19 task force was carried out upon the government’s
dilakukan setelah pemerintah menetapkan mobilisasi decision to restrict people’s mobility throughout Indonesia.
terbatas di Indonesia. Satgas ini bertugas untuk menjaga, This task force is tasked with curbing, anticipating, and
mengantisipasi, serta meminimalisir penyebaran virus minimizing the spread of Covid-19 in the operational areas
Covid-19 di wilayah kerja dan operasional Perseroan dan of the Company and its Subsidiaries.
Entitas Anak.
2. Keselamatan Kerja 2. Occupational Safety

a. Budaya Keselamatan a. Safety Culture
Aspek keselamatan kerja merupakan salah satu The workplace safety aspect is one of the factors
faktor yang dapat menciptakan keberhasilan usaha that could help the Company's businesses
Perseroan. Maka dari itu, Perseroan melakukan achieve success. The Company states that the
penerapan K3 sebagai acuan untuk menjaga dan implementation of OHS must be a reference in
mengutamakan keselamatan dan kesehatan diri, terms of maintaining and prioritizing the safety
rekan kerja, dan lingkungan. Hal ini bertujuan and health of the individual, the co-workers, and
untuk menciptakan kualitas kerja yang lebih baik the environment. OSH implementation aims to
sehingga mampu mengendalikan bahkan mencapai achieve work quality that meets the standards with
tingkat kecelakaan kerja yang nihil. Apabila a zero-accident rate. In the event that employees
terdapat keadaan yang dapat membahayakan diri, are faced with circumstances that endanger their
rekan kerja, ataupun fasilitas Perseroan, harus personal safety, co-workers, or the Company, they
segera dilaporkan kepada pimpinan perusahaan. are required to immediately report to their superior.
Penerapan sistem K3 juga dapat mencegah The OSH system can also prevent anyone from
terjadinya hal yang tidak diinginkan yang dapat committing acts that can endanger the community
merugikan masyarakat serta lingkungan. and the environment.
b. Sarana Keselamatan Kerja b. Work Safety Equipment
Sarana keselamatan kerja yang disediakan oleh ABM Group provides work safety facility, including:
Grup ABM, yakni:
1) Ruangan P3K dan perlengkapannya, meliputi 1) First aid rooms and equipment, including first
kotak P3K, tandu, dan kursi roda; aid kits, stretchers and wheelchairs;
2) Menyediakan alat pemadam kebakaran api 2) Firefighting facility in the form of fire
ringan (APAR) dan fire hydrant; dan extinguishers and fire hydrants; and
3) Menyediakan jalur evakuasi dan titik kumpul. 3) Prepared evacuation routes and meeting points.
Pelaksanaan program inisiatif terkait K3 di lingkungan Implementation of program initiatives related to OHS was
ABM juga senantiasa disesuaikan dengan standardisasi also constantly adjusted to the OHSAS 18001 standard on
OHSAS 18001 tentang Sistem Manajemen Kesehatan the Occupational Health and Safety Management System
dan Keselamatan Kerja serta Internasional Ship and Port and the International Ship and Port Facility Security (ISPS)
Facility Security (ISPS) Code. Code.

Dampak yang diperoleh atas komitmen Perseroan dalam The impacts from the Company’s commitment towards
mengedepankan kesehatan dan keselamatan kerja (K3) prioritizing occupational health and safety (SK3) is
1. Tingkat Kecelakaan Kerja 1. Work Accident Rate
Pada tahun 2020, tingkat kecelakaan kerja meningkat In 2020, work accident rates within ABM Group increased
dibandingkan tahun sebelumnya, tingkat kecelakaan compared to the previous year. Work accident rate that
kerja yang terjadi di 2 tahun terakhir dapat dilihat pada occurred in the last 2 years can be seen in the table
tabel berikut. below.

Uraian
2020 2019
Description
Lost Time Injury (LTI) 2 1
LTI Frequency Rate (LTIFR) 0,05 0,03
Property Damage (PD) 144 120
Near Miss 94 48
Fatality 1 -
Aspek CK Reswara CKB Logistics SSB AJN PWP

Aspect
2020 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 2019
Kecelakaan kerja yang berakibat

hilangnya waktu kerja 0 - - - - - 2 1 - - - -
Lost Time Injury (LTI)
Tingkat frekuensi kecelakaan

kerja yang berakibat hilangnya
waktu kerja dibandingkan dengan
keseluruhan waktu kerja 0,05 - - - - - 0,47 - - - - -
Lost Time Injury Frequency Rate
(LTFI)
Kematian akibat kecelakaan kerja

1 - - - - - - - - - - -
Fatalities
2. Tingkat Perputaran Karyawan 2. Employee Turnover Rate

Pada tahun 2020, tingkat perputaran karyawan In 2020, the employee turnover rate was as high as
sebesar 12,04%. Alasan meninggalkan Grup ABM 12.04%. The reasons for leaving ABM Group are because
karena pensiun, mengundurkan diri, meninggal dunia, of pension, resignations, deaths, and other reasons.
dan lainnya.
Prosedur Penanganan Keadaan Darurat Emergency Safety Handling Procedure

Keselamatan Kerja
Pada saat keadaan darurat, penyelamatan nyawa karyawan In the event of an emergency, saving employee’s lives
memerlukan tindakan medis yang tepat dan cepat. Maka requires prompt and accurate medical actions. Therefore,
dari itu, di salah satu Entitas Anak ABM, yaitu TIA, klinik at TIA, one of ABM Group’s Subsidiaries its clinic is the first
menjadi terminal pertama untuk korban kecelakaan kerja terminal whereby the work accident victim could go to
mendapatkan pertolongan lanjutan setelah dari tempat receive further assistance after the accident site. The clinic
kejadian. Klinik tersebut mempunyai peralatan medis has adequate medical equipment (emergency kits and
(emergency kits dan obat-obatan) yang memadai serta medicine) and is supported by competent human resources.
didukung oleh SDM yang kompeten.
Mekanisme Pengaduan Masalah Grievance Mechanism Related to Employment

and Occupational Health and Safety
Keluhan dan permasalahan terkait K3 dapat disampaikan Grievances and problems related to occupational health and
melalui Departemen Sumber Daya Manusia. Laporan safety can be aired to the Human Resources Department.
tersebut akan ditindaklanjuti secara cepat oleh pihak yang The submitted report will be followed up with speed
profesional, serta terhindar dari diskriminasi hal apapun. professionally and free from discrimination.


Komitmen Perseroan terkait penerapan CSR terkait The Company’s commitment regarding the practice of CSR,
ketenagakerjaan dan K3 dibuktikan dengan sertifikasi employment and occupational health and safety with the
sistem manajemen terpadu yang dipertahankan oleh Grup certification management system integrated by ABM Group,
ABM, yang akan diungkapkan pada tabel dibawah ini. is shown in the table below.
OHSAS 18001 tentang Sistem Manajemen Internasional Ship and Port Facility
Entitas Anak Kesehatan dan Keselamatan Kerja Security (ISPS) Code
Subsidiary OHSAS 18001 Regarding the Occupational International Ship and Port Facility
Health and Safety Management System Security Code (ISPS)
PT Tunas Inti Abadi √ √
PT Media Djaya Bersama √ N/A
PT Cipta Kridatama √ N/A
PT Cipta Krida Bahari √ N/A
PT Alfa Trans Raya √ √
PT Sanggar Sarana Baja √ N/A
Sebagai bentuk apresiasi atas kontribusi terhadap K3, As a token of appreciation for the contribution to OHS, the
Entitas Anak Perseroan, yakni Mifa, BEL, dan CK, menerima Company's Subsidiaries, namely Mifa, BEL, and CK, received
Penghargaan Nihil Kecelakaan dari Dinas Tenaga Kerja dan the Zero Accident Award from the Office of Manpower and
Mobilitas Penduduk Provinsi Aceh. Population Mobility of Aceh Province.
Pengembangan Sosial dan Kemasyarakatan

Social and Community Development
Komitmen
Commitment
• Meningkatkan taraf hidup serta kesejahteraan • Improve the standard of living and welfare of the
masyarakat; dan community; and
• Mengimplementasikan kegiatan tanggung jawab sosial • Implement social responsibility activities based on the 4
berdasarkan 4 pilar program TJSL Perseroan. pillars of the Company's CSR program.
Kebijakan
Policies
• Kebijakan TJSL Perseroan yang disahkan pada April 2016. • The Company’s CSR policy that was legalized in April 2016.

Perumusan Tanggung Jawab Sosial Terkait Pengembangan Sosial dan Kemasyarakatan

Formulation of CSR Related to Social and Community Development

Penggunaan tenaga kerja lokal Konflik dengan masyarakat lokal karena Memberikan pemahaman mengenai
Employing local labor sebagian besar masyarakat beranggapan istilah tenaga kerja lokal karena masih
bahwa Grup ABM menjanjikan pekerjaan bagi dipahami berbeda-beda antara lokal dalam
mereka yang rela melepaskan tanah demi cakupan gampong dan lokal dalam cakupan
kepentingan perusahaan. kabupaten. Pelibatan tenaga kerja lokal juga
Conflict with local communities because most didukung dengan transparansi perekrutan
of the community thought that ABM Group had tenaga kerja.
promised jobs for those who were willing to Provide an understanding of the term local
release land for the benefit of the company. workforce because the term is still understood
differently among the locals within the
scope of the village and the regency. The
involvement of local workers is also supported
by transparency in labor recruitment.
Pelibatan mitra usaha lokal Terbatasnya kemampuan mitra usaha lokal Melibatkan mitra usaha lokal dengan
Involving local business partners dalam menyesuaikan serta pemenuhan pengawasan dan kontrol ketat terhadap
standar dari perusahaan sehingga tidak pemenuhan kontrak kerja yang ditetapkan
memberikan hasil secara jasa atau produk bersama.
yang baik. Involve local business partners with strict
The limited ability of local business partners supervision and control over the fulfillment of
to adjust and comply with company standards mutually agreed upon work contracts.
with that they do not provide good service or
products.
Peningkatan kapasitas SDM masyarakat Terbatasnya pengetahuan masyarakat, Meningkatkan pendidikan formal dan
Increase the capacity of human resources in khususnya mengenai kegiatan usaha yang nonformal masyarakat sekitar perusahaan
the community dijalankan Grup ABM. agar kapasitas yang dimiliki tenaga kerja
Limited knowledge of the local community, in lokal sesuai dengan kebutuhan perusahaan.
particular ABM Group’s business activities. Improve the formal and informal education of
the Company’s surrounding community so that
the capacity possessed by the local workforce
would be in accordance with the Company’s
needs.
Memperkuat sumber pendapatan masyarakat Rendahnya kesejahteraan sosial masyarakat. Mengembangkan potensi dan nilai tambah
Strengthen the local community’s sources of Poor/low levels of social welfare available for dari nilai-nilai ekonomi masyarakat melalui
income. the the community pendampingan yang intensif, pelatihan dan
pembinaan pada kapasitas teknis, serta
mengembangkan produk-produk lokal
potensial.
Develop the economic potential and added
value of the community through intensive
mentoring, training and guidance in technical
capacity, as well as developing potential local
products.

Pelaksanaan inisiatif CSR terkait pengembangan sosial Implementation of CSR initiatives related to the social
dan kemasyarakatan dijelaskan sebagai berikut. development of the community is explained as follows.
1. Penggunaan Tenaga Kerja Lokal 1. Employing Local Workforce/Labor
Perseroan memprioritaskan tenaga kerja lokal untuk The Company prioritized the local workforce to
mendukung kegiatan usaha perusahaan. Tenaga support the company activities. Local workforce in
kerja lokal yang dimaksud adalah masyarakat yang question refers to the existing local community within
berada di kabupaten/kota. Selain ditempatkan di the city/regency. Apart from being placed in the
kantor operasional, tenaga kerja lokal yang memenuhi operational offices, local workers who met the specified
kualifikasi yang ditentukan dapat ditempatkan di qualifications were placed at the mining site.
lokasi pertambangan.

2. Pelibatan Mitra Usaha Lokal 2. Involvement of Local Business Partners

Perseroan melibatkan mitra usaha lokal dalam kegiatan The Company involves local business partners in their
usaha yang dijalankan. Hal tersebut bertujuan untuk ongoing business activities. The aim is for the Company
mendukung kegiatan usaha masyarakat, pemenuhan to support local community’s business activities, to
rantai pasok, serta meningkatkan kemampuan fulfill supply chain, and to raise the capacity so as to
sehingga mampu mencapai tujuan utama, yaitu achieve the primary goal, which is the welfare of the
mencapai kesejahteraan masyarakat. Pada tahun community. In 2020, the Company’s business activities
2020, aktivitas usaha Perseroan melibatkan 130 mitra involved 130 of local business partners.
usaha lokal.
3. Pemberdayaan Masyarakat Sekitar Perusahaan 3. Local Community Empowerment Around the Company
Program pemberdayaan masyarakat yang dilakukan Community empowerment programs executed by ABM
ABM sepanjang tahun 2020 diungkapkan pada tabel Group throughout 2020 are shown in the table below.
berikut.
Program Utama Rincian Kegiatan

Main Programs Details of Activities
Pendidikan • Pelatihan terkait “Pengembangan Budidaya Pertanian Padi dan Sentra Buah-buahan” (Mifa);
Education • Pemantauan “Pembangunan Rumah Incinerator” (TIA);
• Program Beasiswa “SMART TIA” (TIA);
• Program Karyawan Mengajar (TIA dan Mifa);
• Pelatihan terkait “Program Pencegahan dan Pengendalian Covid-19” (TIA);
• Sharing Session dengan topik pengetahuan terkait bisnis serta kesehatan dan keselamatan (SSB); dan
• Program Vokasi Fresh Green Operator (FGO) dan Fresh Green Mechanic (FGM) yang dilaksanakan CK dan Mifa.
• "Development of Rice Farming and Fruit Center" Training (Mifa);
• Monitoring of “Incinerator House Construction” (TIA);
• “SMART TIA” Scholarship Program (TIA);
• Employee Teaching Program (TIA and Mifa);
• “Covid-19 Prevention and Control Program” Training (TIA);
• Sharing sessions with topics related to business and health and safety (SSB); and
• Fresh Green Operator (FGO) and Fresh Green Mechanic (FGM) Vocational Programs implemented by CK and Mifa.
Kesehatan • Pengobatan gratis dan khitanan massal (TIA);

Health • Sosialisasi dan bantuan untuk perbaikan gizi dalam rangka pencegahan stunting (TIA);
• Gerakan Program Bunda Sehat (Pentingnya Peran Asi dalam Proses Tumbuh Kembang Anak) (CKB Logistics);
dan
• Gerakan Program Bunda Sehat Anak Sehat (CKB Logistics).
• Free medical treatment and mass circumcision (TIA);
• Public health education and assistance to improve nutrition for stunting prevention (TIA);
• Healthy Mothers Program (The Important Role of Mother’s Milk in Children’s Development) (CKB Logistics); and
• Healthy Children Healthy Mothers Program (CKB Logistics).
Lingkungan • Memberikan bantuan peralatan untuk pengendalian kebakaran hutan dan lahan (karhutla) (Mifa);
Environment • Melakukan koordinasi dengan non-government organization (NGO) konservasi gajah (Mifa);
• Melakukan pemantauan konservasi terumbu karang (Mifa dan TIA); dan
• Melakukan rehabilitasi DAS di Desa Mangkalapi dan Desa Tahuran Sultan (TIA).
• Provision of equipment for forest and land fire control (Mifa);
• Coordination with non-government organization (NGO) in elephant conservation (Mifa);
• Monitoring of coral reef conservation (Mifa and TIA); and
• Watershed rehabilitation in Mangkalapi Village and Tahuran Sultan Village (TIA).
Sosial Budaya • Donasi untuk memperingati Maulid Nabi dan turnamen bulu tangkis di Desa Sebamban Baru (TIA); dan
Social Culture • Bantuan Paket Sembako Covid-19 melalui Dinas Energi dan Sumber Daya Mineral (ESDM) (TIA).
• Donation to commemorate Prophet Muhammad’s birthday and Badminton Tournament in Sebamban Baru Village
(TIA); and
• Covid-19-related assistance of basic goods through the Ministry of Energy and Mineral Resources (TIA).

Program Utama Rincian Kegiatan

Main Programs Details of Activities
Kemandirian • Program “Satu Desa Satu Produk” (Mifa);

Ekonomi • Program “Rumah Layak Huni” (Mifa);
Economic • Pemberdayaan Komunitas Perempuan ”Program UKM Kerupuk” yang dilaksanakan CK, bekerja sama dengan
Independence PT Kuansing Inti Makmur (“KIM”); dan
• Pelibatan mitra usaha lokal catering berbasis komunitas untuk CK dan KIM.
• “One Village One Product” Program (Mifa);
• Liveable Homes Program (Mifa);
• Empowerment of Women's Communities "Crackers SME" implemented by CK, in collaboration with PT Kuansing Inti
Makmur ("KIM"); and
• Involvement of local community-based catering business partners for CK and KIM.
Infrastruktur • Membangun infrastruktur desa termasuk untuk komunitas Program “Sereh Wangi” (TIA);
Infrastructure • Menyediakan wastafel portable untuk pencegahan penularan Covid-19 (TIA); dan
• Pembangunan infrastruktur di lokasi Entitas Anak CKB Logistics, yaitu PT Dianta Daya Embara (“DDE”).
• Construction of village infrastructure including for “Sereh Wangi” community program (TIA);
• Provision of portable sinks for prevention of Covid-19 transmission (TIA); and
• Infrastructure development at the location of CKB Logistics's subsidiary, namely PT Dianta Daya Embara (“DDE”).
4. Penanganan Covid-19 bagi Masyarakat 4. Handling of Covid-19 for the Community

Berbagai peralatan, perlengkapan, dan bantuan lainnya Various equipment, tools, and other forms of assistance
disalurkan kepada masyarakat dan tenaga medis were distributed to the public and health workers as
sebagai salah satu upaya Perseroan dalam membantu one of the Company’s efforts to assist in the handling
penanganan Covid-19 di Indonesia, sebagaimana of Covid-19 in Indonesia. They are detailed in the table
diungkapkan dalam tabel berikut. below.

Biaya
Perusahaan Tanggal Sasaran Uraian
Cost
Company Date Target Details
(Rp)
PT ABM 20 March RS Cipto Mangunkusumo Jakarta Pusat 100.000.000 Pemberian alat pelindung diri (APD) medis
Investama 2020 (RSCM) / Cipto Mangunkusumo Hospital untuk seluruh tenaga medis RSCM. /
Tbk (“ABM”) in Central Jakarta Provision of medical personal protective
equipment (PPE) to all health workers at
RSCM.
1 April Rumah Sakit Umum Daerah) Pasar 100.000.000 Pembelian APD medis untuk seluruh
2020 Minggu dan RSUD Pasar Rebo Jakarta tenaga medis RSUD. / Purchase of medical
Selatan / Pasar Minggu and Pasar Rebo PPE for all health workers at RSUD.
Regional General Hospitals in South
Jakarta
10 April Masyarakat Kec. Cilandak Timur, Jakarta 10.875.000 Donasi dari karyawan atas Program
2020 Selatan / Communities In Cilandak Timur Ketahanan Pangan di Ring-1 ABM (Cilandak,
Subdistrict, South Jakarta Jakarta Selatan) untuk warga Kec.
Cilandak Timur. / Donation from employees
through the Food Security Program for
ABM Ring-1 (Cilandak, South Jakarta) or
residents of Cilandak Timur Subdistrict.
14 RSUD Pasar Minggu Jakarta Selatan / 100,000,000 Pembelian APD medis untuk seluruh
October Minggu Regional General Hospital in tenaga medis RSUD. / Purchase of medical
2020 South Jakarta PPE for all health workers at RSUD.
PT Sanggar 8 April Klinik Milenia Sejahtera, Tangerang / 27.475.000 Pembelian APD medis untuk seluruh
Sarana Baja 2020 Milenia Sejahtera Clinic in Tangerang tenaga medis Klinik Milenia Sejahtera. /
(“SSB”) Purchase of medical PPE for all health
workers at Milenia Sejahtera Clinic.
9 April Puskesmas Kariangau, Balikpapan / 27.475.000 Pembelian APD medis untuk seluruh
2020 Kariangau Health Center in Balikpapan tenaga medis Puskesmas Kariangau. /
Purchase of medical PPE for all health
workers at Kariangau Health Center.

Biaya
Cost
(Rp)
PT Cipta 3 April Karyawan harian lepas (KHL), petugas ±60.000.000 Donasi dari karyawan berupa kebutuhan
Krida Bahari 2020 keamanan, dan office boy (OB) di CKB pokok dan bantuan dana untuk 164 KHL, 56
(“CKB”) Jakarta (Cakung) / Daily workers, petugas keamanan, dan 8 OB. / Donation
security officers, and office boys at CKB from employees in the form of basic
Jakarta (Cakung) necessities and fund assistance for 164
daily workers, 56 security officers, and 8
office boys.
9 April Puskesmas Harapan Baru, Samarinda / 5.000.000 Pembelian APD dan alat disinfektan untuk
2020 Harapan Baru Health Center, Samarinda ±21 tenaga medis Puskesmas Harapan
Baru. / Purchase of medical PPE for around
21 health workers at Harapan Baru Health
Center.
13 April Puskesmas Gambut, Banjarmasin / 5.000.000 Pembelian APD untuk 80 tenaga medis
2020 Gambut Health Center in Banjarmasin Puskesmas Gambut. / Purchase of medical
PPE for 80 health workers at Gambut Health
Center.
14 April Puskesmas Manggar Batu, Balikpapan / 5.000.000 Pembelian APD untuk 9 tenaga medis
2020 Manggar Batu Health Center in Puskesmas Gambut. / Purchase of medical
Balikpapan PPE for 9 health workers at Manggar Batu
Health Center.
24 April Puskesmas Sesemi Osowilangun / 5.000.000 Pembelian APD untuk 6 tenaga medis dan
2020 Sesemi Osowilangun Health Center 30 personel Puskesmas Gambut. /
Purchase of medical PPE for 6 health
workers and 30 personnel at Gambut Health
Center.
PT Tunas Inti March- Kec. Sungai Loban, Pedagang Pasar 45.999.000 Pemberian tempat cuci tangan portabel. /
Abadi (“TIA”) April Sari Mulya, Puskesmas Sebamban 1, Provision of portable hand washing sinks.
2020 Pengunjung Taman Kec. Sungai Loban,
Desa Trimartani, Desa Sebamban Lama,
Desa Sebamban Baru, Desa Mekar Jaya,
Desa Mangkalapi, Dinas Lingkungan
Hidup/Badan Penanggulangan Bencana
Kab. Tanah Bumbu, dan Dinas ESDM
Provinsi Kalimantan Selatan / Sungai
Loban Subdistrict, Vendors at Sari Mulya
Market, Sebamban 1 Health Center,
Visitors of Sungai Loban Subdistrict Park,
Trimartani Village, Sebamban Lama Village,
Sebamban Baru Village, Mekar Jaya Village,
Mangkalapi Village, the Environmental
Office and Disaster Management Agency
of Tanah Bumbu Regency, and the Energy
and Mineral Resources Office of South
Kalimantan Province
Desa Bunati / Bunati Village 3.450.000 Konsumsi untuk Posko Penanganan
Covid-19, Bunati. / Food assistance
for Covid-19 Handling Coordination
Post in Bunati.
Dinas ESDM Provinsi Kalimantan Selatan / 7.300.000 Sembako melalui forum KTT. /
Energy and Mineral Resources Office of Basic goods through KTT forum.
South Kalimantan Province
Desa Lingkar Tambang, Kec. Sungai 1.600.000 Spanduk Pencegahan dan Penanggulangan
Loban, Kec. Kusan Hulu, dan Kec. Covid-19. / Covid-19 Prevention and
Angsana / Villages surrounding the Mitigation Banners.
mining area in Sungai Loban, Kusan Hulu,
and Angsana Subdistricts
Puskesmas Sungai Loban dan 5.750.000 Pemberian APD berupa masker N95,
Puskesmas Angsana / Sungai Loban and disposable coverall, glove latex, sepatu
Angsana Health Centers boots panjang, dan googles. / Provision of
PPE (N95 masks, disposable coveralls, latex
gloves, long boots, and goggles).

Biaya
Cost
(Rp)
PT Mifa March Perhimpunan Ahli Pertambangan 10.000.000 Donasi uang tunai kepada 500 masyarakat. /
Bersaudara 2020 Indonesia (PERHAPI) / Indonesian Mining Cash donation to 500 people.
(“Mifa”) dan Experts Association
PT Energi
Bara Lestari
(“BEL”)
21 March Masyarakat Aceh Barat dan RSUD Cut 22.950.000 Donasi brosur, spanduk sosialisasi, baju
2020 Nyak Dhien, Meulaboh / Residents APD medis, dan masker N95 kepada 2510
in West Aceh and the Cut Nyak Dhien masyarakat Kota Meulaboh dan petugas
Hospital in Meulaboh medis RSUD Cut Nyak Dhien, Meulaboh.
/ Donation of brochures, dissemination
banners, medical PPE gear, and N95
masks, to 2,510 residents of Meulaboh City
and health workers at the Cut Nyak Dhien
Regional Hospital in Meulaboh
23 March Rumah Sakit Umum SIM Nagan Raya / 14.000.000 Donasi baju APD dan masker N95. /
2020 SIM Nagan Raya Public General Hospital Donation of PPE and N95 masks.
24 March Muspika Kec. Meureubo / Leaders 4.750.000 Donasi baju APD dan masker N95 untuk
2020 Communication Forum of Meureubo 500 masyarakat Kec. Meureubo dan
Subdistrict petugas penyemprotan disinfektan. /
Donation of PPE and N95 masks to 500
residents of Meureubo Subdistrict and the
disinfectant spraying workers.
26-27 Aparatur Desa Kec. Meureubo, 184.440.000 Donasi spanduk, brosur, hand sanitizer,
March masyarakat lingkar operasional, dan vitamin, sabun cair, masker, honor
2020 masyarakat pada 29 desa di penyuluh, dan transportasi. / Donation
Kec. Meureubo. / Village Officials in of banners, brochures, hand sanitizers,
Meureubo Subdistrict, residents in the vitamins, liquid soap, masks, honorarium for
operational area, and residents in 29 trainers, and transportation expenses.
villages in Meureubo Subdistrict
2-4 April Pesantren lingkar operasional dan 48.130.000 Donasi sembako untuk 2000 orang
2020 masyarakat miskin kota / Islamic yang terdiri dari guru pengajian, santri,
boarding schools and the underprivileged masyarakat miskin kota, dan mahasiswa. /
Donation of basic goods for 2,000 citizens,
including Islamic religious teachers, and
Islamic boarding school students, the
underprivileged, and university students.
3-5 April Masjid lingkar operasional, masyarakat 19.270.000 Donasi bahan dan peralatan disinfektan
2020 di 8 desa, dan dayah / Mosques in the kepada aparatur desa, 2500 masyarakat
operational area, residents in 8 villages, di 8 desa lingkar tambang, guru pengajian,
and madrassas dan santri. / Donation of disinfecting
materials and equipment for village officials,
2,500 residents in 8 villages surrounding the
operational area, Islamic religious teachers,
and Islamic boarding school students.
6 April Instansi Pemerintah Aceh, Kodam 206.937.000 Donasi 20 wastafel portabel dan mobil
2020 Iskandar Muda, Pemeintah Kab. Aceh operasional Tim Gugus Tugas Covid-19,
Barat, Pemerintah Kab. Nagan Raya / Aceh Barat untuk Kantor Pemprov. Aceh,
Aceh Government Institutions, Iskandar Kodam Iskandar Muda, Pemkab. Aceh
Muda Military Regional Command, West Barat, Kantor Camat Meureubo, dan
Aceh Regency Government, Nagan Raya Pemkab Nagan Raya dengan total 10.000
Regency Government orang. / Donation of 20 portable sinks
and operational vehicles for Covid-19 Task
Force of West Aceh for the Aceh Provincial
Government Office, Iskandar Muda Military
Regional Command, Meureubo Subdistrict
Head Office, and Nagan Raya Regency
Government, with total beneficiaries of
10,000 individuals.
7 April PT PLN Persero 20.000.000 Donasi bantuan dana kepada 10.000
2020 masyarakat Indonesia. / Funding
assistance for 10,000 citizens of Indonesia.

Biaya
Cost
(Rp)
8 April Pemerintah Aceh dan masyarakat Aceh / 103.725.000 Donasi baju APD, masker, hand sanitizer,
2020 Government and residents of Aceh dan thermogun kepada 10.000 masyarakat
Aceh. / Donation of PPE, masks, hand
sanitizers, and thermoguns to 10,000
residents of Aceh.
9 April Desa lingkar operasional dan 2000 30.000.000 Donasi wastafel portabel untuk aparatur
2020 masyarakat di 8 desa / Villages around desa dan masyarakat. / Donation of
the operational area and 2000 residents portable sinks for village officials and the
in 8 villages public.
11-14 Pemerintah Kab. Aceh Barat, 205.260.000 Donasi baju APD, thermogun, dan hand
April Pemerintah Kab. Nagan Raya, Aparatur sanitizer untuk 10.000 orang. / Donation of
2020 Desa di Kec. Meureubo, Muspika PPE, thermoguns, and hand sanitizers for
Meureubo, RSUD Zainal Abidin, RSUD 10,000 people.
SIM Nagan Raya, dan RSUD Cut Nyak
Dhien / West Aceh Regency Government,
Nagan Raya Regency Government,
Village Officials in Meureubo Subdistrict,
Leaders Communication Forum of
Meureubo, Zainal Abidin Regional General
Hospital, SIM Nagan Raya Regional
General Hospital, and Cut Nyak Dhien
Regional General Hospital
March- 300 karyawan Mifa dan BEL / 247.083.000 Pengadaan baju APD, thermogun, hand
April 300 employees of Mifa and BEL sanitizer, mes, vitamin, masker medis,
2020 spanduk, handphone, wastafel, dan sabun
detol. / Provision of PPE, thermoguns, hand
sanitizers, mess, vitamins, medical masks,
banners, cell phones, sinks, and Dettol
soaps.

Dampak yang diperoleh Perseroan dari program CSR The impacts of the Company’s CSR programs toward social
terhadap pengembangan sosial dan kemasyarakatan and community development are as follows:
meliputi:
1. Meningkatkan kualitas hidup masyarakat sekitar; 1. Improvement in the quality of life of the surrounding
community;
2. Menimbulkan rasa saling menghormati sehingga akan 2. Fostering a sense of mutual respect to create a
terjalin hubungan yang harmonis antara Grup ABM dan harmonious relationship between ABM Group and the
masyarakat; community;
3. Berkontribusi dalam peningkatan kondisi ekonomi 3. Contribution in the improvement of the community’s
masyarakat; economy;
4. Meningkatkan kemampuan dan kesejahteraan 4. Raises in the capabilities and welfare of the community;
masyarakat; dan and
5. Membentuk kemandirian masyarakat. 5. Establishing community self-reliance.
Mekanisme Pelibatan Pemangku Stakeholder Engagement and Grievance

Kepentingan dan Pengaduan Keluhan Mechanism
1. Mekanisme Pelibatan Pemangku Kepentingan 1. Stakeholder Engagement Mechanism

Grup ABM memiliki mekanisme yang berbeda untuk ABM Group has different mechanisms for each
masing-masing pemangku kepentingan dalam stakeholder in its involvement in social and community
keterlibatannya pada program pengembangan sosial development programs as described below.
dan kemasyarakatan sebagaimana dijelaskan sebagai
berikut.

Pemangku Kepentingan Mekanisme Pelibatan

Stakeholders Engagement Mechanisms
Pemegang Saham Menilai keefektifan pelaksanaan pengembangan sosial dan kemasyarakatan.

Shareholders Assessing the effectiveness of the implementation of social and community development.
Pemerintah • Memberi izin pelaksanaan pengembangan sosial dan kemasyarakatan;
Government • Ikut serta dalam kegiatan pengembangan sosial dan kemasyarakatan;
• Menerima laporan kegiatan pengembangan sosial dan kemasyarakatan; dan
• Memastikan kegiatan pengembangan sosial dan kemasyarakatan dilakukan sesuai peraturan perundang-
undangan yang berlaku.
• Giving permission to implement social and community development;
• Participating in social and community development activities;
• Receiving reports on social and community development activities; and
• Ensuring that social and community development activities are carried out in accordance with the prevailing
laws and regulations.
Mitra Usaha Ikut serta dalam kegiatan pengembangan sosial dan kemasyarakatan.
Business Partners Participating in social and community development activities.
Media Menyebarluaskan berita kegiatan pengembangan sosial dan kemasyarakatan.
Media Disseminating the news regarding social and development activities.
Karyawan • Melakukan survei sebelum pelaksanaan pengembangan sosial dan kemasyarakatan; dan
Employees • Berinteraksi dan memperhatikan kebutuhan masyarakat.
• Conducting surveys before the implementation of social and community development activities; and
• Interacting as well as paying attention to the needs of the community.
Masyarakat Menyampaikan hal-hal yang dibutuhkan dan diharapkan dari kegiatan pengembangan sosial dan
Local community kemasyarakatan;
Conveying the community’s needs and expectations from the social and community development activities;
2. Mekanisme Pengaduan Masalah 2. Grievance Mechanism

Grup ABM menyediakan saran untuk melayani ABM Group provides advice to serve complaints
pengaduan masalah terkait pengembangan sosial concerning issues relating to social and community
dan kemasyarakatan melalui grievance mechanism development from the Company grievance mechanism.
Perseroan.
Penghargaan Appreciation
Grup ABM mendapatkan penghargaan atas pelaksanaan ABM Group garnered awards for executing social and
program pengembangan sosial dan masyarakat. Salah community development programs. One of the awards was
satu penghargaan yang dimaksud, yaitu Penghargaan for the Role and Support in Fostering Gampong Communities
atas Peran dan Dukungan dalam Pembinaan Masyarakat in West Aceh District, received by Mifa.
Gampong di Kabupaten Aceh Barat yang diraih oleh Mifa.
Menjalin Hubungan yang Baik dengan Pelanggan, Mitra Usaha, dan Investor
Fostering Good Relationships with Customers, Business Partners and Investors
Komitmen Kebijakan
Commitment Policies
• Meningkatkan pelayanan; dan Pedoman Etika dan Perilaku (Code of Ethic and Conduct/
• Membangun hubungan baik dengan seluruh pemangku COEC).
kepentingan. The Company’s CSR policy that was legalized in April 2016.
• Improve the standard of living and welfare of the
community; and
• Implement social responsibility activities based on the
4 pillars of the Company's CSR program.

Perumusan Tanggung Jawab Sosial Terkait Menjalin Hubungan yang Baik dengan Pelanggan, Mitra Usaha, dan Investor
Formulation of CSR Related to Establishing Good Relationships with Customers, Business Partners, and Investors

Menjaga kualitas produk/jasa • Reputasi perusahaan; dan • Menerapkan sistem manajemen

Maintain product/service quality • Pelanggaran hukum. mutu;
• Company reputation; and • Implementing a quality management
Kepuasan/loyalitas pelanggan • Legal Violations. system;
Customer satisfaction/loyalty
Kesehatan dan keselamatan pelanggan • Memberikan informasi dan edukasi

Health and safety of customers mengenai produk/jasa yang
dihasilkan Grup ABM; dan
• Meningkatkan customer awareness
terkait aspek operasional dan
kualitas batu bara.
• Provide information and education
regarding products/services produced
by ABM Group; and
• Increase customer awareness related
to the operational aspects and cool
quality.
Kejelasan kontrak kerja Memberikan kontrak yang memastikan

Clarity of work contract adanya hak dan kewajiban yang harus
dipenuhi oleh Perseroan dan Entitas
Anak maupun mitra kerja.
Provide contracts that ensure the rights
and obligations that must be fulfilled by
the Company and its Subsidiaries and
partners.
Peningkatan tingkat pengembalian Mengelola aktivitas bisnis secara

investasi (dividen) efektif.
Increased returns on investment Manage business activities effectively.
(dividend)

Pelaksanaan inisiatif pelanggan, mitra usaha, dan investor Implementation of initiatives from customers, business
diuraikan sebagai berikut. partners and investors are explained as follows.
1. Sistem Manajemen Mutu 1. Quality Management System
Perseroan berkomitmen untuk menyediakan produk dan The Company is committed to providing the best quality
layanan dengan mutu terbaik kepada pelanggan. Terkait products and services for its customers. Related to this,
hal ini, Perseroan senantiasa memastikan seluruh the Company ensures that all production processes are
rangkaian proses produksi sudah selaras dengan aligned with the implementation of the ISO 9001:2015
penerapan Sistem Manajemen Mutu pada ISO 9001:2015 Quality Management System to ensure its product
untuk menjamin kualitas produk yang dihasilkan. quality.
2. Membangun Hubungan dengan Pelanggan 2. Customer Relationship Building

Melalui Entitas Anak, ABM berupaya untuk menjaga Through its Subsidiaries, ABM strives to keep good
hubungan baik dengan seluruh pelanggan dalam relations with all its customers in order to maintain and
rangka mempertahankan dan meningkatkan kepuasan strengthen customer satisfaction. Efforts include:
pelanggan. Upaya yang dilakukan, yakni:
a. PT Reswara Minergi Hartama (“Reswara”), a. PT Reswara Minergi Hartama (“Reswara”), strives to
berupaya memastikan kualitas produk sesuai ensure that product quality matches the business
dengan spesifikasi dan proses bisnis. Komitmen specifications and process. The commitment is
tersebut telah diatur dalam pedoman etika dan stipulated in Reswara’s code of conduct and ethics

perilaku Reswara yang wajib dipatuhi oleh seluruh to be complied with by all its employees. The code
karyawan. Pedoman tersebut memuat tentang: exhorts employees to:
1) Membangun komunikasi terbuka yang 1) Build open and constructive communication
konstruktif dengan pelanggan; with customers;
2) Bekerja keras untuk memberikan layanan 2) Work hard to provide the best service through an
terbaik melalui proses penanganan keluhan effective grievance management process;
secara efektif;
3) Mengedepankan standar layanan yang 3) Prioritize professional service standards with
profesional dengan prinsip-prinsip tepat jumlah, the principles of the right amount, the right time,
tepat waktu, tepat informasi, dan tepat sasaran; the right information, and the right target;
4) Memperhatikan dan mengevaluasi 4) Pay attention to and evaluate needs and
kebutuhan serta terus-menerus memantau continuously monitor and improve services,
dan menyempurnakan pelayanan, melalui through systematic improvement of work
peningkatan standar kerja yang sistematis, standards, supported by adequate technology;
didukung teknologi yang memadai;
5) Memberikan kemudahan dan kecepatan akses 5) Provide ease and speed of access to information;
informasi;
6) Memberikan pelayanan tanpa membedakan latar 6) Provide services regardless of the customer's
belakang pelanggan, namun mengedepankan background, while still prioritizing a proactive,
sikap proaktif, ramah, empati, dan dilandasi friendly, empathetic attitude, based on courtesy;
nilai-nilai kesopanan; dan and
7) Membangun komunikasi secara intensif dengan 7) Build intensive communication with customers
pelanggan untuk mencari solusi terbaik dalam to find the best solutions so as to improve
rangka meningkatkan kinerja dan pelayanan. performance and service.
b. PT Cipta Kridatama (“CK”), memastikan seluruh b. PT Cipta Kridatama (“CK”), ensures that all mining-
kontrak terkait pertambangan telah sesuai dengan related contracts comply with the aspects of
aspek keselamatan kerja di lingkungan tambang, occupational work and health safety in the mining
sosial, produktivitas, dan efisiensi biaya. Semua environment, social, productivity, and cost
kontrak wajib menyampaikan informasi terkait efficiency. All contracts must convey adequate
lingkungan kerja, hak, dan kewajiban masing- information regarding the work environment,
masing pihak. CK juga senantiasa melakukan the rights, and obligations of each party. CK also
evaluasi secara berkala bersama pelanggan dan jasa conducts periodic evaluations with customers and
terkait, serta melaksanakan survei kepuasan yang related services, as well as conducts a satisfaction
dilaksanakan 6 bulan sekali guna meningkatkan survey every 6 months as efforts to increase
kepuasan pelanggan pada periode berikutnya. customer satisfaction in the next period.
c. PT Sanggar Sarana Baja (“SSB”), mewajibkan seluruh c. PT Sanggar Sarana Baja (“SSB”), requires that all
kontrak dengan pelanggan dan vendor memuat contracts with customers and vendors contain
ketentuan terkait kepentingan SSB, pelanggan, dan provisions related to the interests of SSB, customers
vendor terkait. SSB memastikan seluruh pelayanan and related vendors. SSB ensures that all services
dilakukan secara maksimal untuk memelihara are carried out optimally to maintain the continuity of
kesinambungan proses bisnis pelanggan. customer business processes.
Dalam rangka meningkatkan pelayanan, SSB To improve its services, SSB conducts customer surveys
melaksanakan survei pelanggan setiap tahun. every year. In addition, SSB vendors can access hotline
Selain itu, vendor SSB dapat mengakses fasilitas facilities where these facilities are handled directly by
hotline di mana fasilitas tersebut ditangani the SSB Ethics Committee. Customers can also monitor
langsung oleh Komite Etik SSB. Pelanggan juga work projects directly through their representatives at
dapat memantau pengerjaan proyek secara the SSB office.
langsung melalui perwakilannya di kantor SSB.

d. PT Cipta Krida Bahari (“CKB Logistics”), memiliki d. PT Cipta Krida Bahari (“CKB Logistics”), has a Customer
sistem Customer Relationship Management Relationship Management (CRM) system to ensure
(CRM) guna memastikan penanganan yang baik proper handling of customer complaints. The contracts
atas keluhan pelanggan. Kontrak yang dibuat made have been adjusted to the trade standards of the
telah disesuaikan dengan standar perdagangan Indonesian Logistics & Freight Forwarding Association.
Asosiasi Logistic & Freight Forwarding Indonesia. The entire CKB Logistics fleet has a Protection &
Seluruh armada CKB Logistics memiliki asuransi Indemnity insurance, as well as Hull & Machinery
Protection & Indemnity, serta Hull & Machinery. CKB insurance. CKB Logistics also holds a Transport
Logistics juga memegang polis Transport Liability Liability Insurance policy that provides protection
Insurance yang memberikan perlindungan atas against damages or losses of customer properties due
kerusakan atau kehilangan barang milik pelanggan to errors in the transportation or storage process in the
akibat kesalahan pada proses pengangkutan atau warehouse by CKB Logistics. CKB Logistics conducts
penyimpanan di gudang oleh CKB Logistics. CKB an annual survey to obtain advice on improving its
Logistics melaksanakan survei 1 tahun sekali untuk customer service.
mendapatkan saran dalam menyempurnakan
kualitas layanan bagi pelanggan.
3. Pengelolaan Hubungan dengan Investor dan Mitra Kerja 3. Relationship Management with Investors and Partners
Sebagai wujud Perseroan dan Entitas Anak dalam As a form of the Company and its Subsidiaries fulfilling
memenuhi hak dan kewajiban, Grup ABM memberikan their rights and obligations, ABM Group provides work
kontrak kerja kepada vendor dan supplier untuk contracts to vendors and suppliers for each business
setiap transaksi bisnis. Perseroan menerapkan asas transaction. The Company applies the principle of
transparansi dalam pengadaan barang atau jasa, serta transparency in procuring goods or services, and uses
memanfaatkan teknologi dan informasi yang transparan technology and transparent information to allow easy
sehingga memudahkan untuk diakses oleh vendor yang access for vendors who are registered in the Company’s
telah terdaftar dalam sistem data Perseroan. data system.
Grup ABM memberikan nilai tambah pada saat masa ABM Group provides added value at the maturity date
jatuh tempo obligasi terhadap investor, khususnya of bonds to investors, especially for investors trading
bagi investor perdagangan saham Perseroan, serta in the Company's shares, and global bonds. This
global bond, komitmen tersebut diimplementasikan commitment is implemented through effective financial
melalui pengelolaan keuangan yang efektif. Perseroan management. Information adjusted to the ASEAN
juga menyediakan informasi yang tersedia di situs Corporate Governance Scorecard (ACGS) website is also
web dan telah disesuaikan dengan standar ASEAN available on the website to make it easier for investors
Corporate Governance Scorecard (ACGS) sehingga to obtain information related to the Company.
memudahkan investor dalam mendapatkan informasi
terkait perusahaan.
4. Penanganan COVID-19 bagi Produk dan Jasa 4. Handling of Covid-19 Related to Products and Services
Perseroan memperhatikan kepuasan pelanggan. The Company takes pride in ensuring customer
Maka dari itu, Perseroan senantiasa memberikan satisfaction. Therefore, the Company always provides
pelayanan terbaik, terutama di masa pandemi seperti the best service, especially during a pandemic like this
saat ini. Perseroan menerapkan adaptasi kebiasaan time. The Company adapts itself with the new normal
baru untuk pengiriman barang dan pelayanan jasa habits in the delivery of its goods and services, in order
perusahaan dalam rangka menjamin seluruh kegiatan to ensure that all activities are in accordance with
telah disesuaikan dengan protokol kesehatan. Selain health protocols. In addition, the Company periodically
itu, secara berkala Perseroan melakukan evaluasi evaluates the coal it produces and maintains its safety
atas produk batu bara yang dihasilkan dan menjaga for customers.
keamanannya sebelum diberikan kepada pelanggan.


Dampak yang diperoleh Perseroan dari program CSR The impacts on the Company from the CSR programs
terhadap terkait pelanggan, mitra usaha, dan investor concerning its customers, business partners and investors
sebagai berikut. are as follows.
1. Meningkatkan kepuasan pelanggan; 1. Improvements in customer satisfaction;
2. Menciptakan kepercayaan dan kepuasan pelanggan 2. Customer trust and satisfaction in using the products/
dalam menggunakan produk/jasa yang dihasilkan services made by the company; and
perusahaan; dan
3. Menjalin hubungan baik serta meningkatkan 3. Good relationship and stronger trust of investors and
kepercayaan investor serta mitra kerja. partners.
Mekanisme Pelibatan Pemangku Stakeholder Engagement and Grievance

Kepentingan dan Pengaduan Masalah Mechanism
1. Mekanisme Pelibatan Pemangku Kepentingan 1. Stakeholder Engagement Mechanism
Mekanisme pelibatan pemangku kepentingan terkait Stakeholder engagement mechanism related to
pelanggan, mitra usaha, dan investor diungkapkan customers, business partners and investors are
pada tabel berikut. described in the following table.
Pemangku
Mekanisme Pelibatan
Kepentingan
Engagement Mechanisms
Stakeholders
Pemegang Menilai keefektifan pelayanan terhadap pelanggan, mitra usaha, dan investor.
Saham Assessing the effectiveness of services among its customers, business partners and investors.
Shareholders
Karyawan • Menyosialisasikan portofolio produk/jasa Grup ABM;

Employees • Melaksanakan survei kepuasan pelanggan; serta
• Menerima, mengidentifikasi, dan memberikan tanggapan terkait pengaduan pelanggan, mitra usaha, dan investor.
• Disseminating ABM Group product/service portfolio;
• Conducting customer satisfaction surveys; and
• Receiving, identifying, and providing responses regarding complaints from customers, business partners and investors.
Pelanggan • Menyampaikan masukan, keluhan, dan permintaan informasi mengenai produk /jasa; dan
Customers • Berpartisipasi dalam survei kepuasan pelanggan.
• Submitting feedback, complaints, and information requests on products/services; and
• Participating in customer satisfaction surveys.
Pemerintah • Menerima laporan pengaduan masalah; dan

dan Regulator • Memastikan kualitas produk/jasa sesuai dengan peraturan perundang-undangan yang berlaku.
Government • Receiving reports of grievances; and
• Ensuring the quality of products/services are in accordance with applicable laws and regulations.
2. Mekanisme Pengaduan Masalah 2. Grievance Mechanism

Grup ABM menyediakan sarana untuk pengaduan ABM Group has provided a means to receive grievances
keluhan terkait pelanggan, mitra usaha, dan investor related to customers, business partners and investors
melalui Tim WBS. through the WBS Team.
3. Laporan Pengaduan 3. Grievance Reports

Pada periode 2020, laporan pengaduan yang diterima In 2020, reports of grievances received by the Company
Perseroan diungkapkan pada tabel berikut. are disclosed in the following table.

Jumlah Keluhan Tahun 2020

Total Grievances in 2020
Media
Terselesaikan Tidak Terselesaikan
Total
Resolved Not Resolved
E-mail 17 4 21
Surat / Letters - - -
Telepon / Telephone - - -

Komitmen Perseroan terkait komitmen dalam menjalin The Company's commitment to building good relations
hubungan dengan pelanggan, mitra usaha, dan investor with its customers, business partners and investors is
dibuktikan dengan Sertifikasi Sistem Manajemen Terpadu proven by the Integrated Management System Certification
yang dipertahankan oleh Grup ABM, sebagaimana maintained by ABM Group, as disclosed in the following
diungkapkan pada tabel berikut. table.
Entitas Anak ISO 9001 tentang Sistem Manajemen Mutu

Subsidiary ISO 9001 on Quality Management System
PT Tunas Inti Abadi √
PT Mifa Bersaudara √
PT Cipta Kridatama √
PT Cipta Krida Bahari √
PT Alfa Trans Raya √
PT Sanggar Sarana Baja √
Tanggung Jawab Lingkungan

Environmental Responsibility
Komitmen
Commitment
• Meminimalisir dampak kerusakan lingkungan yang • Minimize damage to the environment caused by company
ditimbulkan oleh kegiatan usaha, khususnya kegiatan activities, particularly mining activities by PT Tunas Inti
penambangan batu bara oleh PT Tunas Inti Abadi (TIA) di Abadi (TIA) in South Kalimantan, and PT Mifa Bersaudara
Kalimantan Selatan, serta PT Mifa Bersaudara (Mifa) dan (Mifa) and PT Bara Energi Lestari (BEL) in West Aceh;
PT Bara Energi Lestari (BEL) di Aceh Barat;
• Menerapkan prinsip kehati-hatian dan senantiasa • Apply caution and always comply with the prevailing laws
mematuhi peraturan perundang-perundangan yang and regulations, including technical matters such as the
berlaku, termasuk hal-hal teknis seperti perizinan permits for the use of natural resources; and
penggunaan sumber daya alam; serta
• Menjaga kelestarian lingkungan di mana pun ABM • Preserve the environment wherever ABM operates.
beroperasi.
Kebijakan
Policies
Pedoman Etika dan Perilaku Perusahaan (Code of Ethic and Code of Ethics and Conduct (COEC) and Company Regulations.
Conduct/COEC) dan Peraturan Perusahaan.

Perumusan Tanggung Jawab Lingkungan

Formulation of Environmental Responsibility

Pemenuhan regulasi yang berlaku Penghentian usaha. Mematuhi segala ketentuan yang
terkait Analisis Mengenai Dampak Business termination. berlaku, khususnya terkait bidang
Lingkungan (AMDAL) dan Izin Usaha pertambangan dan lingkungan hidup.
Pertambangan (IUP) Comply with all applicable regulations,
Fulfillment of applicable regulations particularly those related to mining and
related to Environmental Impact Analysis the environment.
(AMDAL) and Mining Business Permits (IUP)
Pemindahan lapisan penutup • Perubahan bentang alam; dan Melakukan pemeliharaan flora dan
Volume of overburden removal • Kerusakan habitat. fauna.
• Landscape changes; and Carry out conservation of flora and
• Habitat destruction fauna.
Penggalian material tambang • Limpasan air tambang; dan • Membuat parit di sekeliling lokasi;
Excavation of mining materials • Pendangkalan sungai. dan
• Mine runoff; and • Melakukan reklamasi revegetasi
• Silting of rivers. lahan.
• Dig trenches around the site; and
• Carry out reclamation of land
revegetation.
Pemrosesan dan penghancuran • Debu; dan • Melakukan penyemprotan air; dan

Processing and destroying • Kebisingan. • Memilih peralatan dengan efek
• Dust; and kebisingan yang paling rendah.
• Noise level • Conduct water spraying; and
• Choose equipment with the lowest
noise effects.
Efluen dan limbah Pencemaran lingkungan. • Memanfaatkan kembali limbah yang

Effluent and waste Environmental pollution. masih bisa dipakai;
•
Menyerahkan limbah kepada
pengumpul/pemanfaat berizin; dan
•
Meminimalisir limbah yang
mengandung bahan kimia berbahaya
melalui serangkaian sistem yang
terintegrasi (pengelolaan air asam
tambang).
• Recover waste that can still be used;
• Deliver waste to licensed collectors/
users; and
• Minimize waste containing hazardous
chemicals through a series of
integrated systems (acid mine
drainage management).
Penurunan kualitas dan kuantitas air Pencemaran dan kelangkaan air. Melakukan konservasi air.
permukaan Water pollution and water scarcity Implement water conservation.
Declining quality and quantity of surface
water
Reklamasi pascatambang • Kerusakan lingkungan; dan Melakukan penanaman tanaman pokok

Post-mining reclamation • Kolam-kolam bekas galian tambang di bekas galian tambang.
dapat menimbulkan korban jiwa. Plant staple crops in former mining
• Environmental damage; and excavations.
• Mining excavated ponds can cause
casualties.


Pelaksanaan inisiatif tanggung jawab lingkungan diuraikan The implementation of environmental responsibility
sebagai berikut. initiatives is described as follows.
1. Analisis mengenai Dampak Lingkungan (AMDAL) dan 1. Environmental Impact Analysis (AMDAL) and Mining
Izin Usaha Pertambangan (IUP) Business Permits (IUP)
Pelaksanaan aktivitas bisnis yang dijalankan Perseroan The Company made adjustments to its business
telah disesuaikan dengan AMDAL. Selain itu, Perseroan activities after the AMDAL. In addition, the Company
juga menjamin seluruh Entitas Anak telah memiliki IUP also guarantees that all subsidiaries have an IUP before
sebelum memulai aktivitas produksi/eksplorasi. starting production/exploration activities.
Grup ABM juga melakukan pemantauan terhadap uji ABM Group also monitors the air, soil, water, and noise
kualitas udara, tanah, air, dan kebisingan. Pengukuran quality levels. Air quality is measured based on the
kualitas udara ditetapkan berdasarkan baku mutu yang quality standards listed in Government Regulation
tercantum dalam Peraturan Pemerintah No. 41 Tahun No. 41/1999 on National Ambient Air Quality Standards.
1999 tentang Baku Mutu Udara Ambien Nasional. Water quality is tested based on surface quality (river),
Kualitas air diuji berdasarkan kualitas permukaan liquid waste, and sea water according to the Regulation
(sungai), limbah cair, dan air laut yang disesuaikan of the Governor of South Kalimantan No. 05/2007,
dengan Peraturan Gubernur Kalimantan Selatan No. 36/2008, and No. 43/2007. Meanwhile, noise levels
No. 05 tahun 2007, No. 036 tahun 2008, dan No. 043 tahun are measured based on the Ministry of Manpower
2007. Sementara itu, pengujian terhadap kebisingan Regulation No. 13/MEN/X/2011 on the Threshold Value of
diukur dengan berlandaskan pada Peraturan Menteri Physical and Chemical Factors in the Workplace.
Tenaga Kerja No. 13/MEN/X/2011 tentang Nilai Ambang
Batas Faktor Fisika dan Faktor Kimia di Tempat Kerja.
2. Penggunaan Material dan Energi yang Ramah 2. Use of Environmentally-Friendly Materials and Energy
Lingkungan
Perseroan menggunakan material dan energi yang The Company uses environmentally-friendly materials
ramah lingkungan di kantor pusat melalui upaya and energies at the head office through the following
berikut ini. efforts.
a. Menggunakan biofuel B30 yang mengandung bahan a. Utilizing the B30 biofuel mix, which contains
bakar nabati (BBN) yang dapat diperbarui; renewable biofuel;
b. Memaksimalkan penggunaan surat elektronik b. Maximizing the use of emails to communicate
(e-mail) sebagai sarana untuk berkomunikasi between employees to reduce paper use;
antar karyawan sebagai upaya untuk menghemat
penggunaan kertas;
c. Menggunakan alat elektronik yang ramah c. Using environmentally-friendly electronic devices;
lingkungan;
d. Melakukan pengarsipan dokumen secara digital ke d. Digitizing physical documents into PDF documents;
dalam pdf;
e. Memberikan imbauan kepada seluruh karyawan e. Appealing to all employees to save electricity
untuk melakukan penghematan listrik yang dilakukan through slogans affixed to walls around operational
melalui slogan yang ditempel pada dinding di sekitar offices and mining areas;
kantor operasional maupun area pertambangan;
f. Melakukan perawatan terhadap kendaraan dan alat f. Performing vehicle and operational tool
operasional sesuai prosedur; dan maintenance according to procedures; and
g. Menggunakan jaringan listrik PLN sebagai pengganti g. Using the PLN electricity network as a substitute
BBM pada genset untuk wilayah yang terjangkau. for fuel in generators for affordable areas.

3. Rehabilitasi Daerah Aliran Sungai 3. Watershed Rehabilitation

Langkah yang dilakukan Perseroan dan Entitas Anak Steps taken by the Company and its Subsidiaries to
untuk meminimalisir dampak akibat penggalian minimize the impacts of excavating mining materials
material tambang adalah sebagai berikut. are as follows.
a. Rehabilitasi dan revegetasi pada lahan, dilakukan a. Rehabilitation and revegetation of lands were
oleh TIA melalui pemeliharaan tanaman P1, P2, dan carried out by TIA through maintenance of P1, P2,
P3 serta pengembalian lokasi rehabilitasi DAS; and P3 plants as well as watershed restoration;
b. Proses reklamasi lahan; dan b. Land reclamation process; and
c. Penataan dan konservasi lingkungan. c. Environmental arrangement and conservation.
4. Keanekaragaman Hayati dan Reklamasi Pascatambang 4. Biodiversity and Post-Mining Reclamation

Melalui TIA dan Mifa, Perseroan melaksanakan reklamasi Through TIA and Mifa, the Company carries out
dalam rangka memperbaiki keanekaragaman hayati, reclamations to improve the biodiversity, by applying
penerapan tersebut dilakukan dengan Peraturan Government Regulation No. 78/2010 on Reclamation
Pemerintah No. 78 Tahun 2010 tentang Reklamasi and Post-Mining. The methods are carried out through
dan Pascatambang. Metode yang dilakukan melalui conventional planting of reclaimed lands. This is done
penanaman lahan reklamasi secara konvensional. with the aim of primary planting in accordance with the
Hal ini dilakukan bertujuan untuk penanaman pokok success criteria of reclamation, namely the proportion
sesuai dengan kriteria keberhasilan reklamasi, of fast-growing plants and local long-cycle plants to
yaitu komposisi antara tanaman fast growing dan 60% and 40% respectively. Up to the end of 2020,
lokal berdaur panjang adalah 60% dan 40%. Sampai TIA had reforested a total area of 810.63 hectares. In
akhir tahun 2020, Sampai akhir tahun 2020, TIA addition, the Company also protects the flora and fauna,
melakukan penanaman seluas 810,63 hektare. Selain especially protected species, in the mining areas.
itu, Perseroan juga melakukan perlindungan terhadap
flora dan fauna yang berada di lokasi penambangan,
terutama spesies yang dilindungi.
5. Konservasi Air 5. Water Conservation

Program pengelolaan air yang dilakukan Perseroan The Company’s water management programs to
guna menjaga kuantitas dan kualitas air untuk menjaga maintain water quantity and quality for the surrounding
kondisi air sekitar, yakni: water conditions are:
a. Menggunakan air kolam sedimen untuk menyiram a. Using water from sediment ponds for watering
jalan dan sarana produksi; roads and production facilities;
b. Memanfaatkan air hujan untuk sumber air baku b. Using rainwater as a source of raw water and for
serta pencucian unit; washing the units;
c. Membuat sumur resapan dan lubang biopori di c. Making infiltration wells and biopores in offices and
perkantoran dan kawasan mes karyawan; employee housing areas;
d. Menggunakan air dari sumber mata air untuk d. Using water from springs for domestic needs
kebutuhan domestik secara optimal; optimally;
e. Menggunakan air dengan sistem tertutup (closed e. Using water with a closed-loop system;
loop);
f. Memasangkan alat pengukur penggunaan air di f. Installing water meters in all company facilities
seluruh fasilitas perusahaan (tambang, pelabuhan, (mines, ports, offices, employee housing, and
perkantoran, mes karyawan, dan kantin); serta canteens); and
g. Memasangkan instalasi water treatment plant g. Installing a water treatment plant for the water
untuk proses daur ulang air. recycling process.

6. Pengelolaan Limbah 6. Waste Management

Sistem pengelolaan limbah yang dilakukan oleh Grup ABM Group carries out the waste management systm
ABM, khususnya di sekitar wilayah tambang, dengan especially around the mine areas with the following
jenis limbah berikut ini. types of waste.
a. Limbah Bahan Berbahaya dan Beracun (B3) a. Hazardous and Toxic Waste (B3)
Limbah B3 cair yang dihasilkan seperti oli bekas, The resulting hazardous liquid waste such as used
limbah padat berupa filter oli bekas, baterai oil, solid waste in the form of used oil filters, used
bekas, bahan terkontaminasi (kertas filter, majun, batteries, contaminated materials (filter paper, rags,
sarung tangan, dan lain-lain), hose bekas, toner gloves, etc.), used hoses, used toner, and electronic
bekas, dan limbah elektronik dikelola dengan cara waste are managed by reusing and submitting them
dipergunakan kembali dan diserahkan kepada to a licensed collector/user for further management
pengumpul/pemanfaat berizin untuk dikelola dan and processing.
diolah lebih lanjut.
b. Air Asam Tambang (AAT) b. Acidic Mine Water
Upaya yang dilakukan Perseroan untuk mengelola Efforts are made by the Company to manage the
air asam tambang, yaitu dengan membangun acidic mine water, i.e., by building a closed water
sistem pengelolaan air tertutup. Sementara untuk management system. Meanwhile, to meet the
memenuhi kriteria baku mutu pembuangan air quality standards of criteria for mine waste water
limbah tambang, pengolahan air asam tambang disposal, acid mine water treatment is assisted with
dibantu dengan penggunaan kapur, tawas, dan the use of lime, alum, and water-based plants which
tanaman air yang dapat membantu penetralan pH can help neutralize the pH and purify the water.
dan penjernihan air.
Pelaksanaan program inisiatif terkait tanggung jawab The implementation of initiative programs related to
lingkungan di ABM juga senantiasa disesuaikan dengan environmental responsibility at ABM is also constantly
memenuhi standar ISO 14001 tentang Sistem Manajemen adjusted to comply with ISO 14001 standards on
Lingkungan serta International Safety Management (ISM) Environmental Management System and the International
Code. Safety Management (ISM) Code.

Dampak yang ditimbulkan dari program tanggung jawab Impacts from the Company’s environmental responsibility
lingkungan Perseroan, yaitu; programs were:
1. Mengurangi dampak kerusakan lingkungan dari 1. Reduced impact on environmental damage caused by
aktivitas bisnis yang dijalankan Perseroan; dan the Company’s business activities; and
2. Menurunnya laporan pengaduan dari masyarakat 2. Smaller number of grievance reports from the
terkait lingkungan hidup; surrounding communities;
Mekanisme Pengaduan Masalah Grievance Mechanisms

Seluruh pemangku kepentingan termasuk masyarakat All the stakeholders including the community can submit
dapat menyampaikan laporan pengaduan terkait their grievances related to the environment to the Company
lingkungan, jika ABM melakukan pelanggaran dan should it be proven to have committed violations and
menimbulkan pencemaran. Laporan tersebut dapat caused pollution. The reports will be delivered through the
disampaikan melalui Tim WBS, yang kemudian akan WBS Team, which will then be followed up by the authorities
ditindaklanjuti oleh pihak berwenang melalui pertemuan through a meeting with the reporting party.
dengan pihak pelapor.
Sepanjang tahun 2020, Perseroan dan Entitas Anak tidak In 2020, the Company and its Subsidiaries did not receive
menerima laporan terkait pengelolaan lingkungan. any reports related to environmental management.


Komitmen terkait pelaksanaan program lingkungan hidup Commitments related to the implementation of
dibuktikan dengan Sertifikasi Sistem Manajemen Terpadu environmental programs are evident with the Integrated
yang dipertahankan oleh Grup ABM, khususnya pada aspek Management System Certification maintained by ABM
lingkungan, sebagaimana terdapat pada tabel di bawah ini. Group, as shown in the table below.
Entitas Anak ISO 140001 tentang Sistem Manajemen Lingkungan International Safety Management (ISM) Code
Subsidiary ISO 140001 on Environmental Management System International Safety Management Code (ISM)
PT Tunas Inti Abadi √ N/A
PT Mifa Bersaudara √ N/A
PT Cipta Kridatama √ N/A
PT Cipta Krida Bahari √ N/A
PT Alfa Trans Raya √ √
PT Sanggar Sarana Baja √ N/A
Selain itu, atas kontribusi terhadap lingkungan hidup, In addition, for its contribution to the environment, the
Perseroan dan Entitas Anak menerima penghargaan Company and its Subsidiaries received the following
berikut. awards.
1. TIA menerima penghargaan kinerja Proper Biru dari 1. TIA received the PROPER Blue award from the Ministry
Kementerian Lingkungan Hidup dan Kehutanan of Environment and Forestry of the Republic of
Republik Indonesia dan penghargaan Platinum Indonesia and the 2020 Platinum Indonesia CSR Award
Indonesia CSR Award (ICA) 2020 pada bidang (ICA) in the environmental sector; and
lingkungan; dan
2. Mifa menerima penghargaan kinerja Proper Biru 2. Mifa received the PROPER Blue award from the
dari Kementerian Lingkungan Hidup dan Kehutanan Ministry of Environment and Forestry of the Republic of
Republik Indonesia. Indonesia.

Laporan
Keuangan
Konsolidasian
Consolidated Financial
Statements

dan Entitas Anaknya/and its Subsidiaries
Laporan keuangan konsolidasian tanggal 31 Desember 2020

dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Consolidated financial statements as of December 31, 2020
and for the year then ended
with independent auditors’ report
The original consolidated financial statements included herein
are in the Indonesian language.
PT ABM INVESTAMA TBK DAN ENTITAS ANAKNYA PT ABM INVESTAMA TBK AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED
TANGGAL 31 DESEMBER 2020 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR AS OF DECEMBER 31, 2020
PADA TANGGAL TERSEBUT AND FOR THE YEAR THEN ENDED
BESERTA LAPORAN AUDITOR INDEPENDEN WITH INDEPENDENT AUDITORS’ REPORT
Daftar Isi Halaman/ Table of Contents

Page
Laporan Auditor Independen Independent Auditors’ Report
Laporan Posisi Keuangan Konsolidasian ......................... 1 - 3 ............. Consolidated Statement of Financial Position
Laporan Laba Rugi dan Penghasilan Komprehensif Consolidated Statement of Profit or Loss
Lain Konsolidasian .................................................... 4-5 ....................... and Other Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian ..................... 6 ............ Consolidated Statement of Changes in Equity
Laporan Arus Kas Konsolidasian ..................................... 7-8 ....................... Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian .............. 9 - 205 ......... Notes to the Consolidated Financial Statements
***************************
PT ABM INVESTAMA Tbk DAN ENTITAS ANAKNYA PT ABM INVESTAMA Tbk AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED
KONSOLIDASIAN STATEMENT OF FINANCIAL POSITION
Tanggal 31 Desember 2020 As of December 31, 2020
(Disajikan dalam Dolar Amerika Serikat, (Expressed in United States Dollar,
Kecuali Dinyatakan Lain) Unless Otherwise Stated)
31 Desember 2020/ Catatan/ 31 Desember 2019/

December 31, 2020 Notes December 31, 2019
ASET ASSETS
ASET LANCAR CURRENT ASSETS

Kas dan setara kas 109.212.396 2e,2u,4 101.923.463 Cash and cash equivalents
Aset keuangan lancar lainnya 125.224 2f,2u,5 3.992 Other current financial assets
Piutang usaha 2u,6 Trade receivables
Pihak ketiga - neto 105.289.651 77.698.053 Third parties - net
Pihak berelasi - neto 33.325.201 2g,30 29.475.505 Related parties - net
Piutang non-usaha 2u Non-trade receivables
Pihak ketiga - neto 842.974 3.241.655 Third parties - net
Pihak berelasi - neto 5.805.689 2g,30 2.481.358 Related parties - net
Persediaan - neto 37.715.417 2i,7 29.733.968 Inventories - net
Uang muka 10.075.154 6.112.679 Advances
Beban dibayar di muka 3.116.907 2j 5.980.554 Prepaid expenses
Pajak dibayar di muka 7.730.908 2q 3.047.092 Prepaid taxes
Aset lancar lainnya 921.097 2u 1.056.654 Other current assets
TOTAL ASET LANCAR 314.160.618 260.754.973 TOTAL CURRENT ASSETS
ASET TIDAK LANCAR NON-CURRENT ASSETS

Investasi pada saham 20.028.870 2u,8 60.139.480 Investments in shares
Piutang non-usaha jangka panjang 2u Long-term non-trade receivables
Pihak ketiga - neto 7.090 763.605 Third parties - net
Pihak berelasi - neto - 2g, 30 1.019.612 Related parties - net
Aset pajak tangguhan - neto 8.081.328 2q,21e 11.035.769 Deferred tax assets - net
2k,2l,
Aset tetap - neto 330.689.753 2m,2n,9 369.711.104 Fixed assets - net
Aset hak-guna - neto 37.389.122 2k,2m,13 - Right of use assets - net
Taksiran tagihan pajak - neto 38.814.046 2q,21a 42.959.759 Estimated claims for tax refund - net
Properti pertambangan - neto 41.025.349 2m,2r,10 60.410.357 Mining properties - net
Aset takberwujud - neto 16.997.468 2z,11 17.406.099 Intangible assets - net
Aset tidak lancar lainnya - neto 20.043.535 2u,12 30.028.007 Other non-current assets - net
TOTAL ASET TIDAK LANCAR 513.076.561 593.473.792 TOTAL NON-CURRENT ASSETS
TOTAL ASET 827.237.179 854.228.765 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari laporan keuangan konsolidasian. consolidated financial statements.
1
KONSOLIDASIAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)

LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang bank jangka pendek 40.000.000 15 35.000.000 Short-term bank loans
Utang usaha 2u,14 Trade payables
Pihak ketiga 55.523.390 52.808.596 Third parties
Pihak berelasi 60.103.988 2g,30 40.107.204 Related parties
Utang non-usaha 2u Non-trade payables
Utang pajak 8.121.803 2q,21b 4.382.206 Taxes payable
Beban akrual 54.903.937 2u,16 51.919.397 Accrued expenses
Liabilitas imbalan kerja Short-term employee
jangka pendek 2.545.498 2u,16 6.650.273 benefits liability
Uang muka pelanggan 2o,17 Advances from customers
Pihak ketiga 487.111 873.277 Third parties
Liabilitas jangka panjang yang Current maturities of
jatuh tempo dalam satu tahun: 2u long-term liabilities:
Liabilitas sewa 2k,19 Lease liabilities
Pihak ketiga 13.095.904 - Third parties
Utang lain-lain jangka panjang - Long-term non-trade payables -
pihak ketiga 3.802.768 7.221.406 third parties
TOTAL LIABILITAS TOTAL CURRENT
JANGKA PENDEK 262.691.486 216.602.636 LIABILITIES
LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES

Provisi untuk kewajiban Provision for environmental
restorasi lingkungan 4.409.960 2s,18 3.810.326 restoration obligation
Liabilitas jangka panjang - setelah Long-term liabilities -
dikurangi bagian yang jatuh net of
tempo dalam satu tahun: 2u current maturities:
Utang obligasi 345.719.977 2w,20 343.337.404 Bonds payable
Liabilitas sewa 2k,19 Lease liabilities
Utang lain-lain jangka panjang - Long-term non-trade payables -
pihak ketiga 3.359.881 6.204.198 third parties
Liabilitas pajak tangguhan - neto 9.590.491 2q,21e 11.686.550 Deferred tax liabilities - net
Liabilitas imbalan kerja Long-term employee
jangka panjang 23.677.465 2t,29 18.969.859 benefits liability
TOTAL LIABILITAS TOTAL NON-CURRENT
JANGKA PANJANG 402.796.549 392.432.418 LIABILITIES
TOTAL LIABILITAS 665.488.035 609.035.054 TOTAL LIABILITIES
2
KONSOLIDASIAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)

EKUITAS EQUITY
EKUITAS YANG DAPAT EQUITY ATTRIBUTABLE TO

DIATRIBUSIKAN KEPADA OWNERS OF THE
PEMILIK ENTITAS INDUK PARENT COMPANY
Modal saham - nilai nominal Share capital - Rp500
Rp500 per saham par value per share
Modal dasar - Authorized capital -
9.360.000.000 saham 9,360,000,000 shares
Modal ditempatkan dan Issued and
disetor penuh - fully paid capital -
2.753.165.000 saham 146.554.908 22 146.554.908 2,753,165,000 shares
Tambahan modal disetor - neto 115.087.198 2w,23 115.087.198 Additional paid-in capital - net
Komponen lainnya dari ekuitas 19.855 21f 19.855 Other components of equity
Saldo laba (defisit) Retained earnings (deficit)
Telah ditentukan penggunaannya 510.278 410.278 Appropriated
Belum ditentukan penggunaannya (24.420.942) 15.105.471 Unappropriated
Rugi komprehensif lain (52.813.662) 2p,2t (10.829.733) Other comprehensive loss
Sub-total 184.937.635 266.347.977 Sub-total
Kepentingan non-pengendali (23.188.491) 1c,2b,24 (21.154.266) Non-controlling interests
EKUITAS NETO 161.749.144 245.193.711 NET EQUITY

TOTAL LIABILITAS DAN EKUITAS 827.237.179 854.228.765 TOTAL LIABILITIES AND EQUITY
3
LAPORAN LABA RUGI CONSOLIDATED
DAN PENGHASILAN KOMPREHENSIF LAIN STATEMENT OF PROFIT OR LOSS
KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk Tahun yang Berakhir For the Year Ended
pada Tanggal 31 Desember 2020 December 31, 2020
Tahun yang Berakhir pada Tanggal 31 Desember/

Year Ended December 31,
Catatan/
2020 Notes 2019
PENDAPATAN DARI KONTRAK REVENUE FROM CONTRACTS

DENGAN PELANGGAN 606.407.376 2g,2o,26,30 592.394.952 WITH CUSTOMERS
2g,2o,9, 10
BEBAN POKOK PENDAPATAN (504.892.363) 11,27,30,32 (484.564.191) COST OF REVENUE
LABA BRUTO 101.515.013 107.830.761 GROSS PROFIT
Beban penjualan, umum dan 2g,2o,6, Selling, general and

administrasi (54.081.458) 9,11,28,30 (58.340.764) administrative expenses
2o,2p,
Pendapatan lainnya 12.653.252 9,10,30,32 10.598.315 Other income
Penurunan nilai Impairment losses
atas properti pertambangan (24.023.200) 2m,10 - on mining properties
2m,2o,
Beban lainnya (19.761.503) 9,10,12 (6.540.725) Other expenses
LABA USAHA 16.302.104 53.547.587 PROFIT FROM OPERATIONS
Pendapatan keuangan - neto 3.676.911 2o 2.988.439 Finance income - net

2g,2o,
Biaya keuangan (43.910.233) 2p,11,15,30 (36.576.834) Finance charges
LABA (RUGI) SEBELUM PROFIT (LOSS) BEFORE

PAJAK FINAL DAN FINAL TAX AND
PAJAK PENGHASILAN (23.931.218) 19.959.192 INCOME TAX
Beban pajak final (1.063.490) 2q (944.552) Final tax expense
LABA (RUGI) SEBELUM PROFIT (LOSS) BEFORE

PAJAK PENGHASILAN (24.994.708) 19.014.640 INCOME TAX
Beban pajak penghasilan - neto (12.745.356) 2q,21c,21e (15.120.676) Income tax expense - net
LABA (RUGI) TAHUN BERJALAN (37.740.064) 3.893.964 PROFIT (LOSS) FOR THE YEAR
PENGHASILAN (RUGI) OTHER

KOMPREHENSIF LAIN COMPREHENSIVE INCOME (LOSS)
Pos yang akan direklasifikasi Item that will be reclassified

ke laba rugi: to profit or loss:
Selisih kurs dari Exchange difference from
penjabaran laporan keuangan (218.878) 2p 2.359.932 financial statements translation
Pos yang tidak akan direklasifikasi Item that will not be

ke laba rugi: reclassified to profit or loss:
Rugi atas perubahan nilai wajar Loss on changes in fair value of
aset keuangan melalui financial assets through
penghasilan komprehensif lain (18.981.825) 2u,8 - other comprehensive income
Pengukuran kembali atas program Remeasurement of defined

imbalan pasti (1.898.289) 2t,29 (1.868.256) benefit plan
Pajak penghasilan terkait 379.658 2q 467.064 Related income tax
TOTAL LABA (RUGI) TOTAL COMPREHENSIVE

KOMPREHENSIF INCOME (LOSS)
TAHUN BERJALAN (58.459.398) 4.852.704 FOR THE YEAR
4
LAPORAN LABA RUGI DAN CONSOLIDATED
PENGHASILAN KOMPREHENSIF LAIN STATEMENT OF PROFIT OR LOSS AND
KONSOLIDASIAN (lanjutan) OTHER COMPREHENSIVE INCOME (continued)

Catatan/
2020 Notes 2019
Laba (rugi) tahun berjalan yang dapat Profit (loss) for the year
diatribusikan kepada: attributable to:
Pemilik entitas induk (35.659.427) 7.556.445 Owners of the parent company
Kepentingan non-pengendali (2.080.637) 2b (3.662.481) Non-controlling interests
TOTAL (37.740.064) 3.893.964 TOTAL
Total laba (rugi) komprehensif Total comprehensive income (loss)

tahun berjalan yang dapat for the year
diatribusikan kepada: attributable to:
Pemilik entitas induk (56.514.571) 8.664.343 Owners of the parent company
Kepentingan non-pengendali (1.944.827) 2b,24 (3.811.639) Non-controlling interests
TOTAL (58.459.398) 4.852.704 TOTAL
LABA (RUGI) PER BASIC EARNING (LOSS)

SAHAM DASAR (0,01295) 2v 0,00274 PER SHARE
5
The original consolidated financial statements included herein are in Indonesian language.
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2020 For the Year Ended December 31, 2020
(Disajikan dalam Dolar Amerika Serikat, Kecuali Dinyatakan Lain) (Expressed in United States Dollar, Unless Otherwise Stated)
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Parent Company
Laba (Rugi) Komprehensif Lain/

Other Comprehensive Income (Loss)
Selisih dari Selisih Kurs

Transaksi dengan dari Penjabaran
Kepentingan Laporan Pengukuran
Modal Saham - Non-pengendali/ Saldo Laba (Defisit)/ Keuangan/ Kembali Rugi atas Perubahan
Ditempatkan dan Difference Komponen Retained Earnings (Deficit) Exchange atas Program Nilai Wajar
Disetor Penuh/ Tambahan Modal Arising from Lainnya Difference from Imbalan Pasti/ Aset Keuangan/ Kepentingan
Share Capital - Disetor - Neto/ Transactions with dari Ekuitas/ Telah Ditentukan Belum Ditentukan Financial Remeasurement Loss on Changes Non-pengendali/
Catatan/ Issued and Additional Paid-in Non-controlling Other Components Penggunaannya/ Penggunaannya/ Statements of Defined in Fair Value of Sub-total/ Non-controlling Ekuitas Neto/
Notes Fully Paid Capital - Net Interests of Equity Appropriated Unappropriated Translation Benefit Plan Financial Assets Sub-total Interests Net Equity
Saldo, 1 Januari 2019 146.554.908 115.087.198 - 19.855 310.278 14.556.057 (12.516.541) 578.910 - 264.590.665 (16.762.228) 247.828.437 Balance, January 1, 2019
Dekonsolidasi entitas anak - - - - - - - - - - (580.399) (580.399) Deconsolidation of a subsidiary
Dividen kas 25 - - - - - (6.907.031) - - - (6.907.031) - (6.907.031) Cash dividend
Pembentukan cadangan umum 25 - - - - 100.000 (100.000) - - - - - - Appropriation for general reserve
Total laba (rugi) komprehensif Total comprehensive income (loss)

tahun berjalan - - - - - 7.556.445 2.359.932 (1.252.034) - 8.664.343 (3.811.639) 4.852.704 for the year
Saldo, 31 Desember 2019 146.554.908 115.087.198 - 19.855 410.278 15.105.471 (10.156.609) (673.124) - 266.347.977 (21.154.266) 245.193.711 Balance, December 31, 2019
Penyesuaian Balance adjustment

saldo atas penerapan PSAK 71 2 - - - - - (1.244.195) - - (21.128.785) (22.372.980) - (22.372.980) upon adoption of PSAK 71
Dekonsolidasi entitas anak - - - - - - - - - - (89.398) (89.398) Deconsolidation of a subsidiary
Dividen kas 25 - - - - - (2.522.791) - - - (2.522.791) - (2.522.791) Cash dividend
Pembentukan cadangan umum 25 - - - - 100.000 (100.000) - - - - - - Appropriation for general reserve
Total rugi komprehensif Total comprehensive loss

tahun berjalan - - - - - (35.659.427) (218.878) (1.654.441) (18.981.825) (56.514.571) (1.944.827) (58.459.398) for the year
Saldo, 31 Desember 2020 146.554.908 115.087.198 - 19.855 510.278 (24.420.942) (10.375.487) (2.327.565) (40.110.610) 184.937.635 (23.188.491) 161.749.144 Balance, December 31, 2020
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes form an integral
bagian integral dari laporan keuangan konsolidasian. part of these consolidated financial statements.
6
LAPORAN ARUS KAS CONSOLIDATED
KONSOLIDASIAN STATEMENT OF CASH FLOWS

Catatan/
2020 Notes 2019
ARUS KAS DARI CASH FLOWS FROM

AKTIVITAS OPERASI OPERATING ACTIVITIES
Penerimaan dari pelanggan 573.153.138 608.883.285 Receipts from customers
Pembayaran kepada pemasok Payments to suppliers
dan lainnya (326.028.879) (419.725.260) and others
Pembayaran kepada karyawan (110.614.089) (104.390.695) Payments to employees
Kas diperoleh dari operasi 136.510.170 84.767.330 Cash generated from operations
Penerimaan dari: Receipts from:
Tagihan pajak 15.823.160 5.361.431 Tax refund
Pendapatan bunga 3.681.276 3.004.620 Interest income
Pembayaran atas pajak penghasilan (23.666.071) (33.018.536) Payments for income taxes
Kas Neto yang Diperoleh dari Net Cash Provided by

Aktivitas Operasi 132.348.535 60.114.845 Operating Activities

AKTIVITAS INVESTASI INVESTING ACTIVITIES
Hasil penjualan aset tetap 8.126.122 9 2.020.267 Proceeds from sale of fixed assets
Penerimaan penjualan Proceeds from sale of fixed assets
aset tetap dari piutang 1.221.514 - through receivables
Perolehan aset tetap (44.274.219) 9 (40.855.629) Acquisitions of fixed assets
Penambahan biaya eksplorasi dan Expenditures for mining exploration
pengembangan tambang (10.139.340) 10 (2.545.619) and development costs
Pembayaran utang atas Payment of payables related to
perolehan aset tetap (7.949.767) (968.614) the acquisition of fixed assets
Pembayaran utang atas Payment of payables related to the
perolehan aset takberwujud (7.110.838) - acquisition of intangible asset
Perolehan aset takberwujud (1.176.526) 11 (1.441.736) Acquisitions of intangible assets
(Kenaikan) penurunan aset (Increase) decrease in other
tidak lancar lainnya (612.022) 2.428.859 non-current assets
Penambahan uang muka Addition to advances for purchase
pembelian aset tetap (494.316) 12 (458.077) of fixed assets
Penurunan (kenaikan) aset Decrease (increase) in other
keuangan lancar lainnya (121.232) 13.000.000 current financial assets
Kas dan setara kas Cash and cash equivalents
diterima dari receipts from
dekonsolidasi entitas anak - 298.225 deconsolidation of a subsidiary
Hasil penjualan aset tidak Proceeds from sale of
lancar yang dimiliki untuk dijual - 218.284 non-current assets held for sale
Akuisisi Acquisition
investasi dalam saham - 8 (60.000.000) of investment in shares
Kas Neto yang Digunakan untuk Net Cash Used in

Aktivitas Investasi (62.530.624) (88.304.040) Investing Activities
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral
merupakan bagian integral dari laporan keuangan konsolidasian. part of these consolidated financial statements.
7
LAPORAN ARUS KAS CONSOLIDATED
KONSOLIDASIAN (lanjutan) STATEMENT OF CASH FLOWS (continued)

Catatan/
2020 Notes 2019

AKTIVITAS PENDANAAN FINANCING ACTIVITIES
Perolehan dari: Proceeds from:
Utang bank jangka pendek 150.000.000 35.000.000 Short-term bank loans
Pembayaran untuk: Payments of:
Utang bank jangka pendek (145.000.000) 15 Short-term bank loans
Bunga (41.309.438) (34.218.695) Interest
Liabilitas sewa (23.217.837) (8.499.856) Lease liabilities
Dividen (2.522.791) 25 (6.907.031) Dividend
Kas Neto yang Digunakan Net Cash Used in
untuk Aktivitas Pendanaan (62.050.066) (14.625.582) Financing Activities
KENAIKAN (PENURUNAN) NETO NET INCREASE (DECREASE) IN

KAS DAN SETARA KAS 7.767.845 (42.814.777) CASH AND CASH EQUIVALENTS
DAMPAK NETO PERUBAHAN NET EFFECT OF CHANGES

NILAI TUKAR ATAS IN EXCHANGE RATES ON
KAS DAN SETARA KAS (478.912) 685.556 CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

AWAL TAHUN 101.923.463 144.052.684 AT BEGINNING OF YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 109.212.396 4 101.923.463 AT END OF YEAR
Tambahan informasi arus kas disajikan dalam Catatan 38. Supplementary cash flow information is presented in Note 38.
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral
merupakan bagian integral dari laporan keuangan konsolidasian. part of these consolidated financial statements.
8
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2020 dan untuk As of December 31, 2020 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year then Ended
1. UMUM 1. GENERAL
a. Pendirian Perusahaan a. The Company’s Establishment
PT ABM Investama Tbk (“Perusahaan”) PT ABM Investama Tbk (the “Company”) was
didirikan berdasarkan Akta Notaris established based on Notarial Deed of
Asih Wahyuni Martaningrum, S.H., No. 01 Asih Wahyuni Martaningrum, S.H., No. 01
tanggal 1 Juni 2006 di Depok, Indonesia dengan dated June 1, 2006 in Depok, Indonesia under
nama PT Adiratna Bani Makmur. Akta Pendirian the name PT Adiratna Bani Makmur. The
ini telah disahkan oleh Deed of Establishment was approved by the
Menteri Hukum dan Hak Asasi Manusia Ministry of Law and Human Rights of the
Republik Indonesia dengan Surat Keputusan Republic of Indonesia through its Decision
No. C-22790.HT.01.01.TH.2006 tanggal Letter No. C-22790.HT.01.01.TH.2006 dated
3 Agustus 2006. August 3, 2006.
Berdasarkan Akta Notaris Dwi Yulianti, S.H., Based on Notarial Deed of Dwi Yulianti, S.H.,
No. 5 tanggal 31 Agustus 2009, nama No. 5 dated August 31, 2009, the Company’s
Perusahaan diubah dari PT Adiratna Bani name was changed from
Makmur menjadi PT ABM Investama. PT Adiratna Bani Makmur to
Perubahan tersebut telah disetujui oleh PT ABM Investama. The amendment was
Menteri Hukum dan Hak Asasi Manusia approved by the Ministry of Law and
Republik Indonesia dengan Surat Keputusan Human Rights of the Republic of Indonesia
No. AHU-50239.AH.01.02.Tahun 2009 tanggal through its Decision Letter
16 Oktober 2009. No. AHU-50239.AH.01.02.Year 2009 dated
October 16, 2009.
Anggaran Dasar Perusahaan telah mengalami The Company’s Articles of Association has
beberapa kali perubahan, perubahan terakhir been amended several times, the latest of
berdasarkan Akta Notaris Jose Dima Satria, which was based on Notarial Deed No. 9 dated
S.H., M.Kn., No. 9 tanggal 5 Juni 2015 mengenai June 5, 2015 of Jose Dima Satria, S.H., M.Kn.,
pergantian Dewan Direksi dan Komisaris concerning the change of the Company’s
Perusahaan serta perubahan Anggaran Dasar Boards of Directors and Commissioners and
Perusahaan untuk disesuaikan dengan amendment of the Company’s Articles of
peraturan Otoritas Jasa Keuangan (“OJK”). Association to comply with the regulation of
Perubahan tersebut telah diberitahukan Financial Services Authority (“Otoritas Jasa
kepada Menteri Hukum dan Hak Asasi Manusia Keuangan” or “OJK”). The amendment was
Republik Indonesia dalam Surat acknowledged by the Ministry of Law and
No. AHU-AH.01.03-0944984 dan Human Rights of the Republic of Indonesia
No. AHU-AH.01.03-0944983, keduanya tanggal through its Letter No. AHU-AH.01.03-0944984
24 Juni 2015. and No. AHU-AH.01.03-0944983, both dated
June 24, 2015.
9
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian Perusahaan (lanjutan) a. The Company’s Establishment (continued)
Perusahaan berkedudukan di gedung Tiara The Company is domiciled in Tiara Marga

Marga Trakindo I lantai 18, Jl. Cilandak KKO Trakindo I building, 18th floor, Jl. Cilandak KKO
No. 1, Jakarta Selatan 12560, Indonesia. No. 1, South Jakarta 12560, Indonesia. The
Perusahaan mulai beroperasi pada tahun 2006. Company started its operations in 2006.
Sesuai dengan Pasal 3 Anggaran Dasar In accordance with Article 3 of the Company’s
Perusahaan, ruang lingkup kegiatan usaha Articles of Association, the Company’s scope
Perusahaan adalah menjalankan jasa konsultasi of activities is conducting business
manajemen bisnis, termasuk perencanaan dan management consultancy services, including
desain dalam rangka pengembangan planning and design for development of
manajemen bisnis, dan jasa penyewaan. business management, and rental services.
AHK Holdings Pte. Ltd. yang didirikan di AHK Holdings Pte. Ltd. incorporated in
Singapura adalah entitas induk akhir dari Singapore is the ultimate parent entity
Perusahaan dan entitas anaknya of the Company and its subsidiaries
(secara bersama-sama disebut “Grup”). (collectively referred to as “the Group”).
Valle Verde Pte. Ltd. yang didirikan di Singapura Valle Verde Pte. Ltd. incorporated in
adalah entitas induk dari Grup. Singapore is the parent entity of the Group.
b. Penawaran Umum Saham Perusahaan b. The Company’s Public Offerings
Perusahaan memperoleh pernyataan efektif dari The Company obtained the effective statement
Badan Pengawas Pasar Modal from the Capital Market and
dan Lembaga Keuangan (“BAPEPAM-LK”) Financial Institution Supervisory Agency
dalam surat No. S-12687/BL/2011 tanggal (“BAPEPAM-LK”) in its letter
24 November 2011, untuk melakukan No. S-12687/BL/2011 dated November 24,
penawaran umum saham kepada masyarakat 2011 to conduct public offering of its
sebanyak 550.633.000 saham dengan nilai 550,633,000 shares with nominal value of
nominal sebesar Rp500 per saham dengan Rp500 per share at a price of Rp3,750 per
harga sebesar Rp3.750 per saham. Pada share. On December 6, 2011, the Company
tanggal 6 Desember 2011, Perusahaan listed all of its issued shares on the Indonesia
mencatatkan seluruh saham yang telah Stock Exchange.
diterbitkan di Bursa Efek Indonesia.
10
c. Struktur Entitas Anak c. Structure of the Subsidiaries
Persentase kepemilikan Perusahaan, baik The percentages of ownership, either directly

secara langsung maupun tidak langsung, dan or indirectly, of the Company, and total assets
total aset entitas anak pada tanggal of the subsidiaries as of December 31, 2020
31 Desember 2020 dan 2019 adalah sebagai and 2019 are as follows:
berikut:
Persentase
Kepemilikan
(Langsung/
Tidak Langsung)/
Percentage of
Ownership Total Aset Sebelum Eliminasi/
Kedudukan, Tahun Usaha (Direct/Indirect) Total Assets Before Elimination
Ruang Tanggal Komersial
Lingkup Pendirian/ Dimulai/ 31 Desember 31 Desember 31 Desember 31 Desember
Usaha/ Domicile, Start of 2020/ 2019/ 2020/ 2019/
Entitas Anak/ Scope of Date of Commercial December 31, December 31, December 31, December 31,
Subsidiaries Activities Establishment Operations 2020 2019 2020 2019
Kepemilikan langsung:/
Direct ownership:
PT Cipta Kridatama (“CK”) Kontraktor Jakarta, 1999 100% 100% 320.232.400 297.378.010
Pertambangan/ 8 April 1997/
Mining April 8, 1997
contractor
PT Reswara Minergi Perdagangan/ Jakarta, 2010 100% 100% 304.025.963 335.605.910

Hartama (“Reswara”) Trading 19 Oktober 2010/
October 19, 2010
PT Cipta Krida Bahari Jasa Jakarta, 1997 100% 100% 135.345.471 94.033.300
(“CKB”) logistik/ 9 Mei 1997/
Logistic May 9, 1997
services
PT Sanggar Sarana Baja Perencanaan Jakarta, 1977 99,99% 99,99% 67.758.628 71.329.709
(“SSB”) rekayasa mesin, 19 Maret 1977/
pengembangan, March 19, 1977
dan pembuatan
perlengkapan
penunjang alat-
alat berat dan alat
angkut bahan/
Engineering,
development and
manufacture of
heavy equipment
attachment
and materials
handling products
PT Anzara Janitra Nusantara Industri pembangkit Jakarta, - 100% 100% 18.624.883 27.496.805
(“AJN”) listrik energi thermal/ 31 Desember 2014/
Dahulu/formerly PT Pradipa Thermal energy IPP December 31, 2014
Aceh Daya (“PAD”)
PT Prima Wiguna Parama Perdagangan Jakarta, 2017 100% 100% 28.133.886 20.273.668
(“PWP”) dan konstruksi/ 20 Juni 2011/
General trading June 20, 2011
and constructions
11
c. Struktur Entitas Anak (lanjutan) c. Structure of the Subsidiaries (continued)

31 Desember 2020 dan 2019 adalah sebagai and 2019 are as follows: (continued)
berikut: (lanjutan)
Persentase
Kepemilikan
(Langsung/
Tidak Langsung)/
Percentage of
Kepemilikan tidak langsung:/ (lanjutan)

Indirect ownership: (continued)
Melalui Reswara:/
Through Reswara:
PT Tunas Inti Abadi Pengembangan Jakarta, 2009 100% 100% 71.630.414 57.787.974
(“TIA”) dan pertambangan 11 November 2003/
sumberdaya, November 11, 2003
terutama batubara/
Development
and mining resources
principally coal
PT Agata Nugraha Nastari Perdagangan/ Jakarta, 2020 100% 100% 24.135.744 60.161.861
(“ANN”) Trading 28 Oktober 2014/
Dahulu/formerly October 28, 2014
PT Nagata Dinamika Hidro
Buakayu (“NDHB”)
PT Media Djaya Bersama Perdagangan, Jakarta, - 70% 70% 189.171.507 167.825.264

(“MDB”) pengembangan 6 Mei 2005/
dan industri/ May 6, 2005
Trading, development,
and industry
PT Mifa Bersaudara Pertambangan Nanggroe Aceh 2012 70% 70% 182.609.260 166.972.548
(“MIFA”) batubara/ Darussalam,
Coal mining 14 Januari 2002/
January 14, 2002
PT Bara Energi Lestari Pertambangan Nanggroe Aceh 2011 70% 70% 16.086.770 11.264.960
(“BEL”) batubara/ Darussalam,
Coal mining 24 Juni 2005/
June 24, 2005
Melalui CKB:/Through CKB:
PT Alfa Trans Raya Transportasi laut/ Jakarta, 2007 99,99% 99,99% 6.594.892 9.154.291
(“ATR”) Sea transportation 28 November 2006/
November 28, 2006
PT Baruna Dirga Dharma Transportasi laut Jakarta, 2011 99,99% 99,99% 27.174.545 25.178.326
(“BDD”) domestik/ 24 Mei 2011/
Domestic sea May 24, 2011
transportation
PT Dianta Daya Embara Bongkar muat barang dan Jakarta, 2017 99,99% 99,99% 5.868.810 76.313
(“DDE”) pelayanan kepelabuhan laut/ 15 Juni 2015/
Stevedoring and June 15, 2015
sea port services
PT Pelabuhan Buana Pelayanan Jakarta, 2018 100% 100% 22.793.543 3.281.565

Reja (“PBR”) jasa kapal/ 2 Desember 2010/
Ship operational December 2, 2010
services
12

31 Desember 2020 dan 2019 adalah sebagai and 2019 are as follows: (continued)
berikut: (lanjutan)
Persentase
Kepemilikan
(Langsung/
Tidak Langsung)/
Percentage of
Kepemilikan tidak langsung: (lanjutan)/

Indirect ownership:(continued)
Melalui SSB:/Through SSB:
PT SSB Sammitr Distribution Perdagangan dan Jakarta, 2017 - 60% 331.119 265.102
(“Sammitr”) a) distributor utama 16 November 2017/
barang dagangan/ November 16, 2017
General trading and sole
distributor for trading
Melalui AJN:/Through AJN:
PT Nagata Dinamika Industri pembangkit Jakarta, - 99,5% 99,5% 1.906.983 2.214.486

(“ND”) listrik energi yang 18 Januari 2012/
terbarukan/ January 18, 2012
PT Nagata Bio Energi Industri pembangkit Jakarta, 2020 98,8% 98,8% 4.429.489 2.087.475
(“NBE”) listrik energi yang 15 September 2014/
terbarukan/ September 15, 2014
PT Nagata Dinamika Hidro Industri pembangkit Jakarta, - 99% 99% 32.324 168.214
Buakayu Ulu (“NDHBU”) listrik energi yang 28 Oktober 2014/
terbarukan/ October 28, 2014
PT Nagata Dinamika Hidro Industri pembangkit Jakarta, - 99% 99% 20.033 171.349
Pongko (“NDHP”) listrik energi yang 28 Oktober 2014/
terbarukan/ October 28, 2014
PT Punggawa Nagata Dinamika Industri pembangkit Jakarta, - 42.8% 42,8% 642.348 1.103.716
Hidro (“PNDH”) listrik energi yang 22 Januari 2014/
terbarukan/ January 22, 2014
PT Nagata Biogas Dwienergi Industri pembangkit Jakarta, - 98,8% 98,8% 6.381 58.430
(“NBD”) listrik energi yang 1 Juli 2015/
terbarukan/ July 1, 2015
PT Andara Candria Energi Industri pembangkit Jakarta, - 99,1% 99,1% 14.090.696 24.153.221
(“ACE”) listrik energi yang 15 November 2014/
terbarukan/ November 15, 2014
a)
Tidak dikonsolidasi pada penyajian laporan keuangan konsolidasian Grup tanggal 31 Desember 2020/Deconsolidated in the Group‘s consolidated financial statements as of December 31, 2020
13
TIA TIA
Pada tanggal 31 Desember 2020 dan 2019, TIA As of December 31, 2020 and 2019, TIA has
memiliki “Izin Usaha Pertambangan” (“IUP”) mining business rights (“Izin Usaha
sebagai berikut: Pertambangan”/ “IUP”) as follows:
Dalam Jutaan Ton - Tidak Diaudit/

In Million Tonnes - Unaudited
Total Akumulasi
Untuk Tahun Produksi pada
yang Berakhir Tanggal
pada Tanggal 31 Desember
31 Desember 2020/Total
2020/ For the Accumulated
Kode IUP Operasi Produksi/ Year Ended Production as of Sisa Cadangan/
Lokasi/ Wilayah/Area Luas (ha)/ IUP Production Total Cadangan/ December 31, December 31, Remaining
Location Code Area (ha) Operations Total Reserves 2020 2020 Reserves
Kecamatan/ No. 503/53-IUP/

sub-district DPMPTSP/IV/IV/2019
TB.07 OKTPR
Kusan Hulu 3.085 Berlaku sampai 54,26 3,35 45,82 8,44
45
dan Sungai 5 Maret 2031/
Loba Valid until
March 5, 2031

Total Akumulasi
2019/ For the Accumulated
Kode IUP Operasi Produksi/ Year Ended Production as of Sisa Cadangan/
Kecamatan/ No. 503/53-IUP/

sub-district DPMPTSP/IV/IV/2019
TB.07 OKTPR
Kusan Hulu 3.085 Berlaku sampai 55,82 4,03 42,27 13,55
45
dan Sungai 5 Maret 2031/
Loba Valid until
March 5, 2031
Pada tanggal 31 Desember 2020, total cadangan As of December 31, 2020, total reserves are
didasarkan pada hasil perhitungan per based on the result of calculation as of
31 Desember 2020 yang dilakukan oleh December 31, 2020, performed by Syarifudin
Syarifudin S.T (Nomor CPI: 1805321-178), S.T (CPI Number: 1805321-178), Competent
Competent Person Indonesia, pada bulan Person Indonesia, in December 2020.
Desember 2020.
30 November 2019 yang dilakukan oleh November 30, 2019, performed by Syarifudin
Syarifudin S.T (Nomor CPI: 1805321-178), S.T (CPI Number: 1805321-178), Competent
Competent Person Indonesia pada bulan Person Indonesia, in December 2019.
Desember 2019.
Berdasarkan Surat Keputusan Bupati Tanah Based on Decision Letter of Tanah Bumbu
Bumbu No. 188.45/255/DISTAMBEN/2013 Regent No. 188.45/255/DISTAMBEN/2013
tanggal 29 April 2013, TIA telah mendapatkan dated April 29, 2013, TIA has obtained
persetujuan penggabungan IUP Operasi approval for merging its Coal Production
Produksi Batubara. Operations IUP.
14
TIA (lanjutan) TIA (continued)
Direktorat Jenderal Mineral dan Batubara, The Directorate General of Mineral and Coal at
Kementerian Energi dan Sumber Daya Mineral the Ministry of Energy and Mineral Resources
pada tanggal 30 Oktober 2013 telah menetapkan stipulate the Clear and Clean (“CnC”) status
status “Clear and Clean” (“CnC”) No. 117/Bb/03/2013 for TIA’s IUP OP on
No. 117/Bb/03/2013 atas IUP OP TIA. TIA telah October 30, 2013. TIA has met the
memenuhi persyaratan dalam UU No. 4/2009 requirements set in Law No. 4/2009 and
dan Peraturan Pemerintah No. 23/2010 Government Regulation No. 23/2010 including
termasuk tidak terdapatnya tumpang tindih area no overlapping of IUP area and the IUP
IUP dengan pihak lain serta dokumentasi IUP documentations are in accordance with the
yang telah sesuai dengan peraturan. regulation.
Pada tanggal 1 April 2019, berdasarkan surat On April 1, 2019, based on letter number
nomor 503/53-IUP/DPMPTSP/IV/IV/2019, Dinas 503/53-IUP/DPMPTSP/IV/IV/2019, Dinas
Penanaman Modal dan Pelayanan Terpadu Satu Penanaman Modal dan Pelayanan Terpadu
Pintu Provinsi Kalimantan Selatan telah Satu Pintu Provinsi Kalimantan Selatan has
menyetujui perpanjangan tahap kedua IUP approved the extention of phase two on the
Operasi Produksi Perusahaan yang akan Company’s IUP Operation Production which
berlaku sampai dengan tanggal 5 Maret 2031. will be valid until March 5, 2031.
Pada tanggal 11 April 2019, berdasarkan On April 11, 2019, based on letter
surat No SK.284/Menlhk/Setjen/PLA.0/4/2019, No SK.284/Menlhk/Setjen/PLA.0/4/2019,
Kementerian Kehutanan telah menyetujui Ministry of Forestry has approved the
perpanjangan Ijin Pinjam Pakai Kawasan Hutan extention of TIA’s “Ijin Pinjam Pakai Kawasan
(“IPPKH”) TIA yang mulai berlaku tanggal Hutan” (“IPPKH”) which will be valid start from
24 Juni 2019 sampai dengan tanggal June 24, 2019 until March 5, 2031.
5 Maret 2031.
Pada tanggal 31 Desember 2020, TIA telah As of December 31, 2020, TIA has obtained
memperoleh “Izin Pinjam Pakai Kawasan Hutan” permit “Izin Pinjam Pakai Kawasan Hutan”
(“IPPKH”) dari Kementerian Kehutanan sebagai (“IPPKH”) from the Ministry of Forestry as
berikut: follows:
Lokasi/ Luas (ha)/ Nomor IPPKH/ Berlaku Sampai/

Location Area (ha) IPPKH Number Valid Until
Kabupaten Tanah Bumbu, Provinsi Kalimantan Selatan/ SK.284/Menlhk/Setjen/

300 5 Maret 2031/March 5, 2031
Tanah Bumbu Regency, South Kalimantan Province PLA.0/4/2019
Kabupaten Tanah Bumbu, Provinsi Kalimantan Selatan/ SK.475/Menlhk/Setjen 18 Desember 2022/

142
Tanah Bumbu Regency, South Kalimantan Province /PLA.O//11/2018 December 18, 2022
Kabupaten Tanah Bumbu, Provinsi Kalimantan Selatan/
309 SK.206/1/KLHK/2021 5 Maret 2031/March 5, 2031
Tanah Bumbu Regency, South Kalimantan Province
Kabupaten Tanah Bumbu, Provinsi Kalimantan Selatan/
995 SK.212/1/KLHK/2021 5 Maret 2031/March 5, 2031
Tanah Bumbu Regency, South Kalimantan Province
Berdasarkan keputusan Menteri Perhubungan Based on a decision from Minister of

No. 483 Tahun 2010, TIA memperoleh Transportation No. 483 Tahun 2010,
persetujuan pengelolaan terminal untuk TIA obtained an approval to operate special
kepentingan sendiri selama pelabuhan tersebut port for internal use as long as the usage of
dikelola untuk menunjang kegiatan usaha pokok such port is to support TIA’s main business
TIA. activities.
15
MIFA MIFA
Pada tanggal 31 Desember 2020 dan 2019, As of December 31, 2020 and 2019, MIFA has
MIFA memiliki IUP, sebagai berikut: IUP, as follows:

Total Akumulasi
2020/ For the Accumulated Sisa
Kode IUP Operasi Produksi/ Year Ended Production as of Cadangan/
No. 117.b Tahun 2011
Meureubo, Aceh Berlaku sampai
KW 020505/MB 3.134 228,36 7,88 24,86 203,50
Barat/West Aceh 13 April 2025/
Valid until April 13, 2025

Total Akumulasi
No. 117.b Tahun 2011
Meureubo, Aceh Berlaku sampai
KW 020505/MB 3.134 228,87 7,13 16,98 211,89
Barat/West Aceh 13 April 2025/
Valid until April 13, 2025
30 November 2020 yang dilakukan oleh November 30, 2020, performed by Hadi
Hadi Firmansah S.T (Nomor CPI: 1604300-089), Firmansah S.T (CPI Number: 1604300-089),
Competent Person Indonesia, pada bulan Competent Person Indonesia, in
Januari 2021. January 2021.
31 Oktober 2019 yang dilakukan oleh Hadi October 31, 2019, performed by Hadi
Firmansah S.T (Nomor CPI: 1604300-089), Firmansah S.T (CPI Number: 1604300-089),
16
MIFA (lanjutan) MIFA (continued)
MIFA memperoleh Izin Eksplorasi No. 157 MIFA holds Mining Exploration Permit
tanggal 30 Agustus 2003 untuk wilayah No. 157 dated August 30, 2003 for a mining
pertambangan seluas 3.000 hektar di Meureubo area of 3,000 hectares at Meureubo and
dan Kecamatan Kaway XVI, Kabupaten Aceh Kaway XVI Sub-districts, West Aceh Regency,
Barat, Provinsi Aceh, Izin Pertambangan Aceh Province, Mining Exploitation Right
Eksploitasi No. 96 tanggal 1 Agustus 2005 dan No. 96 dated August 1, 2005 and Mining Right
Izin untuk Mengangkut dan Menjual Barang for Loading and Selling for Mining
Tambang No. 95 tanggal 1 Agustus 2005 dari No. 95 dated August 1, 2005 from the Regent
Bupati Aceh Barat. of West Aceh.
MIFA juga memperoleh izin lokasi untuk wilayah MIFA also has a location permit for coal mining
penambangan batubara seluas 3.134 hektar di area of 3,134 hectares in Meureubo and
Meureubo dan Kecamatan Kaway XVI, Kaway XVI Sub-districts, West Aceh Regency,
Kabupaten Aceh Barat, Provinsi Aceh yang Aceh Province which was last amended based
terakhir diubah berdasarkan Surat Keputusan on Decision Letter of West Aceh Regent
Bupati Aceh Barat No. 179 Tahun 2008, tanggal No. 179 Tahun 2008, dated May 31, 2008.
31 Mei 2008.
Izin-izin tersebut terakhir kali diubah melalui IUP The licenses were last amended by IUP
No. 117.b Tahun 2011 tanggal 30 Maret 2011 No. 117.b Tahun 2011 dated March 30, 2011
untuk wilayah pertambangan seluas for a mining area of 3,134 hectares at
3.134 hektar di Kecamatan Meureubo, Meureubo Sub-districts, West Aceh Regency,
Kabupaten Aceh Barat, Provinsi Aceh. Aceh Province.
Berdasarkan Surat Keputusan Bupati Aceh Based on Decision Letter of West Aceh
Barat No. 117.b Tahun 2011 tanggal Regent No. 117.b Tahun 2011 dated
30 Maret 2011, MIFA mempunyai hak untuk March 30, 2011, MIFA has rights for
melakukan kegiatan konstruksi, produksi, construction, production, hauling and selling
pengangkutan dan penjualan serta pengolahan which included coal processing and refining
dan pemurnian yang akan berakhir pada tanggal which will expire on April 13, 2025, and could
13 April 2025, dan izin dapat diperpanjang be extended twice by 10 years each, which
2 (dua) kali masing-masing 10 tahun dan sudah already included 2 years of construction plans.
termasuk konstruksi 2 tahun.
Direktorat Jenderal Mineral dan Batubara, The Directorate General of Mineral and Coal
Kementerian Energi dan Sumber Daya Mineral at the Ministry of Energy and Mineral
pada tanggal 18 Juli 2014 telah menetapkan Resources stipulate the Clear and Clean
status “Clear and Clean” (“CnC”) (“CnC”) status No. 234/Bb/03/2014 for MIFA’s
No. 234/Bb/03/2014 atas IUP OP MIFA. MIFA IUP OP on July 18, 2014. MIFA has met the
telah memenuhi persyaratan yang diatur dalam requirements set in Law No. 4/2009 and
UU No. 4/2009 dan Peraturan Pemerintah Government Regulation No. 23/2010 including
No. 23/2010 termasuk tidak terdapatnya no overlapping of IUP area and the IUP
tumpang tindih area IUP dengan pihak lain serta documentations are in accordance with the
dokumentasi IUP yang telah sesuai dengan regulation.
peraturan.
17
BEL BEL
Pada tanggal 31 Desember 2020 dan 2019, BEL As of December 31, 2020 and 2019, BEL has
memiliki IUP, sebagai berikut: IUP, as follows:

Total Akumulasi
No. 545/DPMPTSP/
Seunagan 1355/IUP-OP/2017
dan/and Suka KW Sng 01 Ep Berlaku sampai
1.495 35,17 1,33 2,77 32,40
Makmue, Nagan 2007 26 September 2027/
Raya Valid until
September 26, 2027

Total Akumulasi
No. 545/DPMPTSP/
Seunagan 1355/IUP-OP/2017
dan/and Suka KW Sng 01 Ep Berlaku sampai
1.495 35,63 0,62 1,44 34,19
Makmue, Nagan 2007 26 September 2027/
Raya Valid until
September 26, 2027
30 November 2020 yang dilakukan oleh November 30, 2020, performed by Hadi
Hadi Firmansah S.T (Nomor CPI: 1604300-089), Firmansah S.T (CPI Number:1604300-089),
Pada tanggal 31 Desember 2019, total As of December 31, 2019, total reserves are
cadangan didasarkan pada hasil perhitungan based on the result of calculation as of
per 31 Oktober 2019 yang dilakukan oleh Hadi October 31, 2019, performed by Hadi
Firmansah S.T (Nomor CPI: 1604300-089), Firmansah S.T (CPI Number:1604300-089),
18
BEL (lanjutan) BEL (continued)
Berdasarkan Keputusan Kabupaten Based on Nagan Raya Regency Decree

Nagan Raya No. 545/41/SK/IUP-OP/2010 No. 545/41/SK/IUP-OP/2010 dated
tanggal 18 Maret 2010, BEL telah memperoleh March 18, 2010, BEL obtained an approval for
persetujuan untuk perubahan izin pertambangan a change of its mining exploitation right to
eksploitasi menjadi IUP dan BEL mempunyai become IUP and BEL has rights for
hak untuk melakukan kegiatan konstruksi, construction, production, hauling and selling
produksi, pengangkutan dan penjualan serta which included coal processing and refining
pengolahan dan pemurnian yang akan berakhir which will expire on September 26, 2017, and
pada tanggal 26 September 2017, dan izin dapat could be extended twice by 10 years each,
diperpanjang 2 (dua) kali masing-masing selama which already included 2 (two) years of
10 tahun dan sudah termasuk konstruksi selama construction plans.
2 tahun.
Izin tersebut terakhir kali diubah melalui The license was last amended by
Keputusan Gubernur Aceh Aceh Governor Decree
No. 545/DPMPTSP/1355/IUP-OP/2017 tanggal No. 545/DPMPTSP/1355/IUP-OP/2017 dated
9 Juni 2017 untuk pemberian perpanjangan izin June 9, 2017 for business right extension of
usaha seluas 1.495 hektar yang akan berakhir 1,495 hectares which will expire on
pada tanggal 26 September 2027 di September 26, 2027 at Seunagan
Kecamatan Seunagan, Kabupaten Nagan Raya, Sub-districts, Nagan Raya Regency, Aceh
Provinsi Aceh. Province.
Direktorat Jenderal Mineral dan Batubara, The Directorate General of Mineral and Coal at
Kementerian Energi dan Sumber Daya Mineral the Ministry of Energy and Mineral Resources
pada tanggal 28 Agustus 2014 telah stipulate on the Clear and Clean (“CnC”)
menetapkan status “Clear and Clean” (“CnC”) status no. 255/Bb/03/2014 for BEL’s IUP OP
No. 255/Bb/03/2014 atas IUP OP BEL. BEL on August 28, 2014. BEL has met the
telah memenuhi persyaratan dalam requirements set in Law No. 4/2009 and
UU No. 4/2009 dan Peraturan Pemerintah Government Regulation No. 23/2010 including
No. 23/2010 termasuk tidak terdapatnya no overlapping of IUP area and the IUP
tumpang tindih area IUP dengan pihak lain serta documentations are in accordance with the
dokumentasi IUP yang telah sesuai dengan regulation.
peraturan.
ACE ACE
Sehubungan dengan restrukturisasi Grup, Related to the Group restructuring,

PT Sumberdaya Sewatama (“SS”) dan AJN PT Sumberdaya Sewatama (“SS”) and AJN
mendirikan PT Andara Candria Energi. established PT Andara Candria Energi. Based
Berdasarkan Akta Notaris Hasbullah Abdul on Notarial Deed of Hasbullah Abdul Rasyid,
Rasyid, S.H., M.Kn., No. 85 tanggal S.H., M.Kn., No. 85 dated November 15, 2016,
15 November 2016, total modal disetor awal total initial paid-up capital of Rp500 million,
sebesar Rp500 juta dengan komposisi with ownership percentage of 51.00% and
kepemilikan masing-masing sebesar 51,00% 49.00%, respectively.
dan 49,00%.
19
ACE (lanjutan) ACE (continued)
Selanjutnya, berdasarkan Akta Notaris Furthermore, based on Notarial Deed of

Bayu Nirwana Sari, S.H., M.Kn., No. 04 tanggal Bayu Nirwana Sari, S.H., M.Kn., No. 04 dated
8 Desember 2016, total modal disetor naik December 8, 2016, total paid-up capital
menjadi Rp550 juta dan mengubah komposisi increased to become Rp550 million and
kepemilikan saham menjadi AJN 53,64% dan changed the ownership percentage to
SS 46,36%. AJN 53.64% and SS 46.36%.
Akta Notaris ini telah mendapat persetujuan dari The Deed was approved by the Minister of
Menteri Hukum dan Hak Asasi Manusia Republik Law and Human Rights of the Republic of
Indonesia berdasarkan Surat Keputusan Indonesia in its Decision Letter
No. AHU-AH-01.03-0106479.2016 tanggal No. AHU-AH-01.03-0106479.2016 dated
8 Desember 2016. December 8, 2016.
Berdasarkan Akta Notaris Bayu Nirwana Sari Based on Notarial Deed of Bayu Nirwana Sari,
S.H., No. 26 tanggal 24 Agustus 2017, total S.H., No. 26 dated August 24, 2017, the total
modal disetor ACE naik menjadi Rp29,15 miliar paid-up capital of ACE increased to
dimana peningkatan modal ini diambil Rp29.15 billion where the increase of capital is
seluruhnya oleh AJN dan mengubah komposisi taken entirely by AJN and ownership
kepemilikan saham menjadi AJN 99,125% dan percentage changed to become AJN 99.125%
SS 0,875%. Selanjutnya, kepemilikan SS pada and SS 0.875%. Subsequently, the ownership
ACE dihitung berdasarkan biaya. of the SS in ACE was accounted at cost.
DDE DDE
Berdasarkan Akta Notaris Muslim, S.H., No. 03 Based on Notarial Deed No. 03 of Muslim,
tanggal 31 Januari 2017, total modal disetor S.H., dated January 31, 2017, the total paid-
DDE naik menjadi Rp2 miliar dan mengubah up capital of DDE increased to Rp2 billion and
komposisi kepemilikan saham menjadi ownership percentage changed to become
CKB 99,95% dan SS 0,05%. CKB of 99.95% and SS of 0.05%.
Selanjutnya, berdasarkan Akta Notaris Furthermore, based on Notarial Deed of

Muslim, S.H., No. 09 tanggal 18 Desember 2017, Muslim, S.H., No. 09 dated
total modal disetor DDE naik menjadi Rp8 miliar December 18, 2017, the total paid-up capital
dan mengubah komposisi kepemilikan saham of DDE increased to Rp8 billion and ownership
menjadi CKB 99,99% dan SS 0,01%. percentage changed to become CKB 99.99%
and SS 0.01%.
Berdasarkan Akta Notaris Bayu Nirwana, S.H., Based on Notarial Deed of Bayu Nirwana,
M.Kn., No. 07 tanggal 12 Desember 2018, total S.H., M.Kn., No. 07 dated December 12, 2018,
modal disetor DDE naik menjadi Rp21,4 miliar. the total paid-up capital of DDE increased to
Penerbitan saham baru senilai Rp13,4 miliar Rp21.4 billion. The issuance of new shares
yang seluruhnya diambil bagian oleh amounting to Rp13.4 billion which was fully
Perusahaan, tidak mengubah komposisi subscribed by the Company, did not change
kepemilikan saham DDE. DDE’s ownership percentage.
20
PWP PWP
Berdasarkan Akta Notaris Bayu Nirwana Sari, Based on Notarial Deed of Bayu Nirwana Sari,
S.H., M.Kn., No. 02 tanggal 2 Mei 2017, S.H., M.Kn., No. 02 dated May 2, 2017, the
Perusahaan mengakuisisi PWP dengan Company acquired PWP with ownership
komposisi kepemilikan sebesar 99,96% dari percentage of 99.96% from SSB and 0.02%
SSB dan 0,02% dari CKB. Transaksi tersebut from CKB. The transaction was accounted for
dicatat sesuai dengan PSAK No. 38 in accordance with PSAK No. 38
(Revisi 2012) “Kombinasi Bisnis Entitas (Revised 2012) “Business Combination Under
Sepengendali” dan tidak ada dampak terhadap Common Control” and has no impact to the
laporan keuangan konsolidasian Grup. consolidated financial statements of
the Group.
Sammitr Sammitr
Berdasarkan Akta Notaris Jose Dima Satria, Based on Notarial Deed of Jose Dima Satria,
S.H., M.Kn., No 24 tanggal 7 November 2017, S.H., M.Kn., No. 24 dated November 7, 2017,
SSB dan PT Sammitr Motor Indonesia, pihak SSB and PT Sammitr Motor Indonesia, a third
ketiga, mendirikan PT SSB Sammitr Distribution, party, established PT SSB Sammitr
dengan total modal awal disetor sebesar Distribution, with a total initially paid-up capital
Rp5 miliar, dengan komposisi kepemilikan of Rp5 billion, with ownership percentage of
masing-masing sebesar 60% dan 40%. 60% and 40%.
Berdasarkan Pernyataan Keputusan Para Based on the Sammitr’s Statement of

Pemegang Saham Sammitr yang telah Shareholders Resolution which has been
diaktakan dengan Akta Notaris Bayu Nirwana notarized by the Notarial Deed No. 5 of of Bayu
Sari, S.H., M.Kn., No. 5 tanggal 16 Januari 2020, Nirwana Sari, S.H., M.Kn., dated
para pemegang saham Sammitr menyetujui January 16, 2020, the shareholders of
untuk meningkatkan modal ditempatkan dan Sammitr agreed to increase the issued and
disetor penuh dari Rp5.000.000.000 menjadi fully paid capital from Rp5,000,000,000 to
Rp7.500.000.000 dimana peningkatan modal become Rp7,500,000,000 whereby the
ditempatkan dan disetor penuh sebesar increase in issued and fully paid capital
Rp2.500.000.000 tersebut seluruhnya diambil amounting to Rp2,500,000,000 has been
oleh PT Sammitr Motor Indonesia, pihak ketiga. subscribed by PT Sammitr Motor Indonesia, a
Perubahan Anggaran Dasar tersebut telah third party. The latest amendment of the
diterima dan dicatat oleh Menteri Hukum dan Articles of Association was acknowledged and
Hak Asasi Manusia Republik Indonesia dalam recorded by the Ministry of Law and Human
Surat No. AHU-AH.01.03-0037577 tanggal Rights of the Republic of Indonesia in its
22 Januari 2020. Letter No. AHU-AH.01.03-0037577 dated
January 22, 2020.
Transaksi ini menyebabkan kepemilikan saham This transaction caused SSB’ share ownership
SSB terdilusi dari 60% menjadi 40% sehingga to be diluted from 60% to 40%, resulting in a
terjadi peralihan pengendalian dari SSB ke shift of control from SSB to PT Sammitr Motor
PT Sammitr Motor Indonesia. Oleh karena itu, Indonesia. Accordingly, effective as of
efektif sejak tanggal 13 Januari 2020, SSB tidak January 13, 2020, SSB has deconsolidated
mengkonsolidasi Sammitr. Sammitr.
21
PBR PBR
Berdasarkan Akta Notaris Sugih Haryati, S.H., Based on Notarial Deed of Sugih Haryati,
M.Kn., No. 50 tanggal 20 Desember 2017, CKB S.H., M.Kn., No. 50 dated
mengakuisisi 99,99% kepemilikan PBR dari December 20, 2017, CKB acquired 99.99%
Reswara. Transaksi tersebut dicatat sesuai ownership in PBR from Reswara. The
dengan PSAK No. 38 (Revisi 2012) “Kombinasi transaction was accounted for in accordance
Bisnis Entitas Sepengendali” dan tidak ada with PSAK No. 38 (Revised 2012) “Business
dampak terhadap laporan keuangan Combination Under Common Control” and has
konsolidasian Grup. no impact to the consolidated financial
statements of the Group.
NDHM NDHM
Berdasarkan Akta Notaris Bayu Nirwana Sari Based on Notarial Deed of Bayu Nirwana Sari
S.H., M.Kn., No. 12 tanggal 22 Maret 2019, para S.H., M.Kn., No. 12 dated March 22, 2019, the
pemegang NDHM menyetujui pengalihan saham shareholders of NDHM approved the transfer
sejumlah 8.142.692 saham yang dimiliki oleh of shares amounting to 8,142,692 shares
ND, kepada PT Bangun Hidro Energi dengan owned by ND to PT Bangun Hidro Energi
nilai sebesar Rp5,7 miliar. Oleh karena itu, efektif amounting Rp5.7 billion. Accordingly, effective
sejak tanggal 22 Maret 2019, Grup tidak as of March 22, 2019, the Group has
mengkonsolidasi NDHM. deconsolidated NDHM.
Akta Notaris ini telah mendapat persetujuan The Deed was approved by the Minister of Law
Menteri Hukum dan Hak Asasi Manusia and Human Rights of the Republic Indonesia
Republik Indonesia dengan surat with letter No. AHU-AH.01.03-0164398 dated
No. AHU-AH.01.03-0164398 tanggal March 22, 2019.
22 Maret 2019.
NDHB NDHB
Berdasarkan Akta Notaris Bayu Nirwana Sari Based on Notarial Deed of Bayu Nirwana Sari,
S.H., No. 09 tanggal 14 Agustus 2019, NDHB, S.H., No. 09 dated August 14, 2019, NDHB,
entitas anak, merubah namanya menjadi a subsidiary changed its name to
PT Agata Nugraha Nastari (“ANN”). PT Agata Nugraha Nastari (“ANN”).
Pada tanggal 16 Oktober 2019 melalui perjanjian On October 16, 2019 through a share
jual beli saham, komposisi pemegang saham purchase agreement, the composition of ANN
ANN berubah menjadi 99% dimiliki Reswara shareholders changed to 99% owned
dan 1% dimiliki oleh SSB yang sebelumnya Reswara and 1% owned by SSB which was
dimiliki oleh ND 99% dan 1% dimiliki previously owned by ND 99% and 1% owned
PT Nagata Bisma Shakti, pihak berelasi. by PT Nagata Bisma Shakti, a related party.
Berdasarkan surat keputusan pemegang saham Based on ANN shareholder's decision letter,
ANN, para pemegang saham ANN menyetujui the shareholders of ANN approved the
penerbitan saham baru yang terdiri dari issuance of new shares consisting of
1.695.120 lembar saham senilai 1,695,120 shares worth Rp847,560,000,000
Rp847.560.000.000 (setara dengan (equivalent to US$60,000,000) which will be
AS$60.000.000) yang seluruhnya akan diambil taken entirely by Reswara. The issuance of
oleh Reswara. Penerbitan saham baru ini new shares caused change in the composition
menyebabkan perubahan komposisi pemegang of shareholders to Reswara 99.99% and
saham menjadi Reswara 99,99% dan SSB 0.01%.
SSB 0,01%.
22
d. Dewan Komisaris dan Direksi, Komite Audit d. The Boards of Commissioners and
dan Karyawan Directors, Audit Committee and Employees
Pada tanggal 31 Desember 2020, susunan As of December 31, 2020, the composition of
Dewan Komisaris dan Direksi dan Komite Audit the Boards of Commissioners and Directors
Perusahaan adalah sebagai berikut: and Audit Committee of the Company are as
follows:
Dewan Komisaris/Board of Commissioners:

Komisaris Utama Rachmat Mulyana Hamami President Commissioner
Komisaris Mivida Hamami Commissioner
Komisaris Independen Arief Tarunakarya Surowidjojo Independent Commissioner
Direksi/Board of Directors:
Direktur Utama Achmad Ananda Djajanegara President Director
Direktur Adrian Erlangga Director
Direktur Haris Mustarto Director
Komite Audit/Audit Committee:

Ketua Arief Tarunakarya Surowidjojo Chairman
Anggota Andradiet I.J Alis Member
Anggota Setiawan Kriswanto Member
Pada tanggal 31 Desember 2019, susunan As of December 31, 2019, the composition of
Dewan Komisaris dan Direksi dan Komite Audit the Boards of Commissioners and Directors
Perusahaan adalah sebagai berikut: and Audit Committee of the Company are as
follows:
Dewan Komisaris/Board of Commissioners:

Komisaris Utama Rachmat Mulyana Hamami President Commissioner
Komisaris Mivida Hamami Commissioner
Komisaris Independen Arief Tarunakarya Surowidjojo Independent Commissioner
Direksi/Board of Directors:
Direktur Utama Achmad Ananda Djajanegara President Director
Direktur Adrian Erlangga Director
Komite Audit/Audit Committee:

Ketua Arief Tarunakarya Surowidjojo Chairman
Anggota Andradiet I.J Alis Member
Anggota Setiawan Kriswanto Member
Pembentukan Komite Audit Perusahaan telah The establishment of the Company’s

sesuai dengan Peraturan Otoritas Jasa Audit Committee is in compliance
Keuangan No. 55/POJK.04/2015. with Otoritas Jasa Keuangan Regulation
No. 55/POJK.04/2015.
Pada tanggal 31 Desember 2020 dan 2019, Grup As of December 31, 2020 and 2019, the Group
mempunyai jumlah karyawan tetap masing- had a total of 5,615 and 5,214 permanent
masing sebanyak 5.615 orang dan 5.214 orang employees (unaudited), respectively.
(tidak diaudit).
23
e. Penyelesaian Laporan Keuangan e. Completion of the Consolidated Financial

Konsolidasian Statements
Manajemen Perusahaan bertanggung jawab The management of the Company is

atas penyusunan laporan keuangan responsible for the preparation of the
konsolidasian yang telah diselesaikan dan consolidated financial statements which were
diotorisasi untuk terbit oleh Direksi Perusahaan completed and authorized for issuance by the
pada tanggal 31 Maret 2021. Company’s Board of Directors on March 31,
2021.
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING

POLICIES
a. Pernyataan Kepatuhan dan Dasar a. Statement of Compliance and Basis of

Penyusunan Laporan Keuangan Preparation of the Consolidated Financial
Konsolidasian Statements
Laporan keuangan konsolidasian telah disusun The consolidated financial statements have
sesuai dengan Standar Akuntansi Keuangan di been prepared in accordance with Indonesian
Indonesia (“SAK”), yang mencakup Pernyataan Financial Accounting Standards (“SAK”),
Standar Akuntansi Keuangan (“PSAK”) dan which comprise the Statements of Financial
Interpretasi Standar Akuntansi Keuangan Accounting Standards (“PSAK”) and
(“ISAK”) yang dikeluarkan oleh Dewan Standar Interpretations to Financial Accounting
Akuntansi Keuangan Ikatan Akuntan Indonesia Standards (“ISAK”) issued by the Financial
dan Dewan Standar Akuntansi Syariah Ikatan Accounting Standards Board of the
Akuntan Indonesia, serta Peraturan No. VIII.G.7 Indonesian Institute of Accountants and
mengenai “Penyajian dan Pengungkapan Sharia Accounting Standards Board of the
Laporan Keuangan Emiten atau Perusahaan Indonesian Institute of Accountants, and Rule
Publik” yang diterbitkan oleh Otoritas Jasa No. VIII.G.7 regarding “Financial Statement
Keuangan (“OJK”). Presentation and Disclosures of Listed or
Public Company” issued by Indonesian
Financial Services Authority (“OJK”).
Laporan keuangan konsolidasian disusun The consolidated financial statements have

berdasarkan konsep akrual, dan dasar been prepared using the accrual basis, and
pengukuran dengan menggunakan konsep the measurement basis used is historical cost,
biaya historis, kecuali untuk akun tertentu yang except for certain accounts which are
disajikan dengan menggunakan dasar seperti measured on the bases as described in the
yang disebutkan dalam Catatan relevan. relevant Notes herein.
Laporan arus kas konsolidasian, menyajikan The consolidated statement of cash flows,
penerimaan dan pengeluaran kas dan setara presents the receipts and payments of cash
kas yang diklasifikasikan ke dalam aktivitas and cash equivalents classified into operating,
operasi, investasi dan pendanaan, disajikan investing and financing activities, using the
menggunakan metode langsung. direct method.
24

(lanjutan) POLICIES (continued)

Konsolidasian (lanjutan) Statements (continued)
Grup menggunakan Dolar Amerika Serikat The Group uses United States dollar (“US$”)
(“AS$”) sebagai mata uang penyajian yang juga as the presentation currency, which is also the
merupakan mata uang fungsional kecuali untuk functional currency except for certain
beberapa entitas anak. subsidiaries.
Akun-akun yang tercakup dalam laporan Accounts included in the financial statements
keuangan dari setiap entitas yang terdapat of each of the Group’s entities are measured
dalam Grup disajikan dengan menggunakan using the currency of the primary economic
mata uang dari lingkungan ekonomi environment in which the entity operates
utama di mana entitas beroperasi (“the functional currency”).
(“mata uang fungsional”).
Perubahan mata uang pelaporan Perusahaan The change of reporting currency of the
dan entitas anak tertentu telah memperoleh Company and certain subsidiaries has been
persetujuan dari Direktorat Jenderal Pajak. approved by the Directorate General of Tax.
Pada tanggal 1 Januari 2020, Grup menerapkan On January 1, 2020, the Group adopted new
pernyataan standar akuntansi keuangan dan and revised statements of financial accounting
interpretasi standar akuntansi keuangan baru standards and interpretations of statements of
dan revisi yang efektif sejak tanggal tersebut. financial accounting standards that are
Perubahan kebijakan akuntansi Grup telah mandatory for application from that date.
dibuat seperti yang disyaratkan, sesuai dengan Changes to the Group’s accounting policies
ketentuan transisi dalam masing-masing standar have been made as required, in accordance
dan interpretasi. with the transitional provisions in the
respective standards and interpretations.
Grup menerapkan PSAK 71: Instrumen The Group applied PSAK 71: Financial
Keuangan, PSAK 72: Pendapatan dari Kontrak Instruments, PSAK 72: Revenue from
dengan Pelanggan, dan PSAK 73: Sewa untuk Contracts with Customers, and PSAK 73:
pertama kalinya dengan mengakui efek Leases for the first time by recognizing the
kumulatif dari penerapan awal standar baru cumulative effect of initially applying the new
sebagai penyesuaian terhadap saldo awal saldo standards as an adjustment to the beginning
laba dan kepentingan nonpengendali. Sifat dan balance of retained earnings and non-
dampak perubahan sebagai akibat dari standar controlling interest. The nature and effect of
akuntansi baru ini dijelaskan di bawah ini. the changes as a result of these new
accounting standards are describe below.
Penerapan PSAK 71, 72 dan 73 Adoption of PSAK 71, 72 and 73
· PSAK 71: Instrumen Keuangan · PSAK 71: Financial Instruments
PSAK 71: Instrumen Keuangan PSAK 71: Financial Instruments replaces

menggantikan PSAK 55: Instrumen PSAK 55: Financial Instruments:
Keuangan: Pengakuan dan Pengukuran Recognition and Measurements for
untuk periode tahun yang dimulai pada atau annual periods beginning on or after
setelah 1 Januari 2020, dimana PSAK January 1, 2020, bringing together all
tersebut menggabungkan ketiga aspek three aspects of the accounting for
akuntansi untuk instrumen keuangan: financial instruments: classification and
klasifikasi dan pengukuran; penurunan nilai; measurement; impairment; and hedge
dan akuntansi lindung nilai. accounting.
25


Penerapan PSAK 71, 72 dan 73 (lanjutan) Adoption of PSAK 71, 72 and 73 (continued)
· PSAK 71: Instrumen Keuangan (lanjutan) · PSAK 71: Financial Instruments

(continued)
Grup tidak menyajikan kembali informasi The Group has not restated corresponding
terkait untuk tahun 2019 untuk instrumen information for 2019 for financial
keuangan dalam ruang lingkup PSAK 71. instruments in the scope of PSAK 71.
Oleh karena itu, informasi terkait untuk Therefore, the corresponding information
tahun 2019 dilaporkan berdasarkan for 2019 is reported under PSAK 55 and is
PSAK 55 dan tidak dapat dibandingkan not comparable with the information
dengan informasi yang disajikan untuk presented for 2020. Differences, if any,
tahun 2020. Perbedaan, jika ada, yang arising from the adoption of PSAK 71 have
timbul dari penerapan PSAK 71 telah diakui been recognized directly in retained
secara langsung dalam saldo laba per earnings as of January 1, 2020.
tanggal 1 Januari 2020.
Dampak penerapan PSAK 71 pada tanggal The effect of adoption PSAK 71 as at

1 Januari 2020 adalah sebagai berikut: January 1, 2020 is as follows:
1 Januari 2020/January 1, 2020
Sebelum Penyesuaian Setelah

penyesuaian/ PSAK 71/ penyesuaian/
Before PSAK 71 After
adjustment adjustments adjustment
Aset Assets
Piutang usaha Trade receivables
Pihak ketiga - neto 77.698.053 (752.855) 76.945.198 Third parties - net
Pihak berelasi - neto 29.475.505 (537.262) 28.938.243 Related parties - net
Piutang non-usaha Non-trade receivables
Pihak ketiga - neto 3.241.655 (187.093) 3.054.562 Third parties - net
Investasi pada saham 60.139.480 (21.128.785) 39.010.695 Investments in shares
Aset pajak
tangguhan - neto 11.035.769 222.754 11.258.523 Deferred tax assets - net
Total Aset 181.590.462 (22.383.241) 159.207.221 Total Assets
Liabilitas Liabilites
Liabilitas pajak
tangguhan - neto 11.686.650 (10.261) 11.676.389 Deferred tax liabilities - net
Total Liabilitas 11.686.650 (10.261) 11.676.389 Total Liabilites
Ekuitas Equity
Saldo laba Retained earnings
Belum ditentukan
penggunaanya 15.105.471 (1.244.195) 13.861.276 Unappropriated
Kepentingan Non-controlling
non-pengendali (10.829.733) (21.128.785) (31.958.518) interest
Ekuitas Neto 4.275.738 (22.372.980) (18.097.242) Net Equity
26



(continued)
Sifat penyesuaian ini dijelaskan di bawah The nature of these adjustments are
ini: described below:
(a) Klafisikasi dan pengukuran (a) Classification and measurements
Berdasarkan PSAK 71, instrumen utang Under PSAK 71, debt instruments are
selanjutnya diukur pada nilai wajar melalui subsequently measured at fair value
laba rugi, biaya diamortisasi, atau nilai wajar through profit or loss, amortized costs, or
melalui OCI. Klasifikasi tersebut didasarkan fair value through OCI. The classification
pada dua kriteria: model bisnis Grup untuk is based on two criteria: the Group’s
mengelola aset; dan apakah arus kas business model fro managing the assets;
kontraktual instrumen mewakili and whether the instruments’ contractual
“pembayaran pokok dan bunga semata- cash flows represent “solely payments of
mata (SPPI)” dari jumlah pokok terutang. principal and interest (SPPI)” on the
principal amount outstanding.
Penilaian model bisnis Grup dilakukan pada The assessment of the Group’s business
tanggal penerapan awal, 1 Januari 2020. model was made as of the date of initial
Penilaian apakah arus kas kontraktual atas application, January 1, 2020. The
instrumen utang hanya terdiri dari pokok dan assessment of whether contractual cash
bunga dibuat berdasarkan fakta dan flows on debt instruments are solely
keadaan pada saat pengakuan awal aset. comprised of principal and interest was
made based on the facts and
circumstances as at the initial recognition
of the assets.
Persyaratan klasifikasi dan pengukuran The classification and measurement

PSAK 71 tidak memiliki pengaruh yang requirements of PSAK 71 did not have a
signifikan bagi Grup. Grup terus mengukur significant impact to the Group. The
pada nilai wajar semua aset keuangan yang Group continued measuring at fair value
sebelumnya dimiliki pada nilai wajar all financial assets previously held at fair
berdasarkan PSAK 55. Berikut ini adalah value under PSAK 55. The following are
perubahan klasifikasi aset keuangan Grup: the changes in the classification of the
Group’s financial assets:
- Piutang usaha dan piutang non-usaha - Trade receivables and non-trade

diklasifikasikan sebagai Pinjaman yang receivables classified as Loans and
diberikan dan piutang pada tanggal receivables as at December 31, 2019
31 Desember 2019 dimiliki untuk are held to collect contractual cash
mengumpulkan arus kas kontraktual flows and give rise to cash flows
dan menimbulkan arus kas yang hanya representing solely payments of
mewakili pembayaran pokok dan bunga. principal and interest. These are
Ini diklasifikasikan dan diukur sebagai classified and measured as Debt
instrumen utang yang diukur dengan instruments at amortized cost
biaya perolehan diamortisasi mulai beginning January 1, 2020.
1 Januari 2020.
27



(continued)
(a) Klafisikasi dan pengukuran (lanjutan) (a) Classification and measurements

(continued)
Persyaratan klasifikasi dan pengukuran The classification and measurement

PSAK 71 tidak memiliki pengaruh yang requirements of PSAK 71 did not have a
signifikan bagi Grup. Grup terus mengukur significant impact to the Group. The
pada nilai wajar semua aset keuangan yang Group continued measuring at fair value
sebelumnya dimiliki pada nilai wajar all financial assets previously held at fair
berdasarkan PSAK 55. Berikut ini adalah value under PSAK 55. The following are
perubahan klasifikasi aset keuangan Grup: the changes in the classification of the
(lanjutan) Group’s financial assets: (continued)
- Investasi saham diklasifikasikan - Investment in shares classified as

sebagai aset keuangan AFS pada AFS financial assets as at
tanggal 31 Desember 2019 December 31, 2019 are classified and
diklasifikasikan dan diukur sebagai measured as equity instruments
instrumen ekuitas yang ditetapkan pada designated at fair value through OCI
nilai wajar melalui OCI mulai beginning January 1, 2020. There
1 Januari 2020. Tidak ada kerugian were no impairment losses
penurunan nilai yang diakui dalam laba recognized in profit or loss for these
rugi untuk investasi tersebut pada investments in prior periods.
periode sebelumnya.
Grup tidak menetapkan liabilitas keuangan apa The Group has not designated any financial
pun yang diukur pada nilai wajar melalui laba liabilities as at fair value through profit or loss.
rugi. Tidak ada perubahan dalam klasifikasi dan There are no changes in classification and
pengukuran untuk liabilitas keuangan Grup. measurement for the Group’s financial
liabilities.
28



(continued)
(a) Klafisikasi dan pengukuran (lanjutan) (a) Classification and measurements

(continued)
Singkatnya, setelah penerapan PSAK 71, Grup In summary, upon the adoption of PSAK 71,
telah melakukan reklasifikasi yang disyaratkan the Group had the following required or elected
atau dipilih pada tanggal 1 Januari 2020: reclassifications as at January 1, 2020:
Klasifikasi Klasifikasi Saldo Saldo

berdasarkan berdasarkan berdasarkan berdasarkan
PSAK 55 PSAK 71 PSAK 55 PSAK 71
31 Desember 2019/ 1 Januari 2020/ 31 Desember 2019/ 1 Januari 2020/
Classification Classification Balance Balance
based on based on based on based on
PSAK 55 PSAK 71 PSAK 55 PSAK 71
Catatan/Notes December 31, 2019 January 1, 2020 December 31, 2019 January 1, 2020
Aset keuangan/Financial assets
Piutang usaha/ Pinjaman yang Biaya perolehan 107.173.558 105.883.441

Trade receivables diberikan dan piutang/ diamortisasi/
Loans and receivables Amortised cost
Piutang non-usaha/ Pinjaman yang Biaya perolehan 5.723.013 5.535.920

Non-trade receivables diberikan dan piutang/ diamortisasi/
Loans and receivables Amortised cost
Investasi saham/ Aset keuangan Nilai wajar 60.139.480 39.010.695

Investment in shares tersedia untuk dijual/ melalui OCI/
Available-for-sale Fair value
financial asset through OCI
(b) Penurunan (b) Impairment
Penerapan PSAK 71 telah secara The adoption of PSAK 71 has

fundamental mengubah akuntansi kerugian fundamentally changed the Group’s
penurunan nilai Grup untuk aset keuangan accounting for impairment losses for
dengan mengganti pendekatan kerugian financial assets by replacing PSAK 55’s
yang terjadi PSAK 55 dengan pendekatan incurred loss approach with a forward-
kerugian kredit ekspektasian (ECL) looking expected credit loss (ECL)
perkiraan masa depan. PSAK 71 approach. PSAK 71 requires the Group
mengharuskan Grup untuk mengakui to recognize an allowance for ECLs for all
penyisihan ECL untuk semua instrumen debt instruments not held at fair value
utang yang tidak dimiliki pada nilai wajar through profit or loss and contract assets.
melalui laba rugi dan aset kontrak.
29



(continued)
(b) Penurunan (lanjutan) (b) Impairment (continued)
Di bawah ini adalah rekonsiliasi dari Set out below is the reconciliation of the
penyisihan penurunan nilai sesuai dengan ending impairment allowances in
PSAK 55 ke penyisihan kerugian accordance with PSAK 55 to the opening
pembukaan yang ditentukan sesuai dengan loss allowances determined in
PSAK 71: accordance with PSAK 71:
Setelah penerapan PSAK 71, Grup Upon adoption of PSAK 71 the Group
mengakui tambahan penurunan nilai atas recognized additional impairment on the
piutang usaha dan piutang non-usaha pihak Group’s trade receivables and non-trade
ketiga masing-masing sebesar receivable - third parties of US$1,290,117
AS$1.290.117 dan AS$187.093, yang and US$187,093, respectively, which
mengakibatkan penurunan saldo laba. resulted in a decrease in retained
sebesar AS$1.244.195 per 1 Januari 2020. earnings of US$1,244,195 as at
Group juga mengakui rugi atas perubahan January 1, 2020. The Group also
nilai wajar aset keuangan melalui OCI recognized loss on changes in fair value
sebesar AS$21.128.785. of financial assets through OCI amounting
to US$21,128,785.
Di bawah ini adalah rekonsiliasi dari Set out below is the reconciliation of the
penyisihan penurunan nilai sesuai dengan ending impairment allowances in
PSAK 55 ke penyisihan kerugian accordance with PSAK 55 to the opening
pembukaan yang ditentukan sesuai dengan loss allowances determined in
PSAK 71: accordance with PSAK 71:
Cadangan penurunan
nilai berdasarkan
PSAK 55 per ECL berdasarkan
31 Desember 2019/ PSAK 71 per
Allowance for 1 Januari 2020/
impairment under ECL under
PSAK 55 as of Pengukuran ulang/ PSAK 71
December 31, 2019 Remeasurement January 1, 2020
Pinjaman yang
diberikan dan piutang
berdasarkan PSAK 55/ Loans and receivables
Aset keuangan yang under PSAK 55/
diukur dengan biaya Financial assets at
perolehan diamortisasi amortized cost under
berdasarkan PSAK 71 49.164.569 1.477.210 50.641.779 PSAK 71
Aset keuangan AFS AFS financial

berdasarkan PSAK 55/ asset under PSAK 55/
Instrumen ekuitas pada equity instruments at fair
nilai wajar melalui OCI value through OCI
berdasarkan PSAK 71 - 21.128.785 21.128.785 under PSAK 71
30


· PSAK 72: Pendapatan dari Kontrak dengan · PSAK 72: Revenue from Contracts with
Pelanggan Customers
PSAK 72 menggantikan PSAK 34: Kontrak PSAK 72 supersedes PSAK 34:

Konstruksi, PSAK 23: Pendapatan dan Construction Contracts, PSAK 23:
Interpretasi terkait dan berlaku, dengan Revenue and related Interpretations and
pengecualian terbatas, untuk semua it applies, with limited exceptions, to all
pendapatan yang timbul dari kontrak revenue arising from contracts with
dengan pelanggan. PSAK 72 menetapkan customers. PSAK 72 establishes a five-
model lima langkah untuk memperhitungkan step model to account for revenue arising
pendapatan yang timbul dari kontrak from contracts with customers and
dengan pelanggan dan mensyaratkan requires that revenue be recognized at an
bahwa pendapatan diakui pada jumlah yang amount that reflects the consideration to
mencerminkan imbalan yang diharapkan which an entity expects to be entitled in
entitas berhak sebagai imbalan atas transfer exchange for transferring goods or
barang atau jasa kepada pelanggan. services to a customer.
PSAK 72 mengharuskan entitas untuk PSAK 72 requires entities to exercise

melakukan pertimbangan, dengan judgment, taking into consideration all of
mempertimbangkan semua fakta dan the relevant facts and circumstances
keadaan yang relevan ketika menerapkan when applying each step of the model to
setiap langkah model untuk membuat contracts with their customers. The
kontrak dengan pelanggan mereka. Standar standard also specifies the accounting for
ini juga menetapkan akuntansi untuk biaya the incremental costs of obtaining a
tambahan untuk memperoleh kontrak dan contract and the costs directly related to
biaya yang terkait langsung dengan fulfilling a contract. In addition, the
pemenuhan kontrak. Selain itu, standar standard requires extensive disclosures.
tersebut membutuhkan pengungkapan
yang luas.
Grup menerapkan PSAK 72 dengan The Group adopted PSAK 72 using the
menggunakan metode penerapan modified retrospective method of adoption
retrospektif yang dimodifikasi dengan with the date of initial application of
tanggal penerapan awal 1 Januari 2020. January 1, 2020. Under this method, the
Berdasarkan metode ini, standar dapat standard can be applied either to all
diterapkan untuk semua kontrak pada contracts at the date of initial application
tanggal penerapan awal atau hanya untuk or only to contracts that are not completed
kontrak yang tidak berlaku. selesai pada at this date. The Group elected to apply
tanggal ini. Grup memilih untuk menerapkan the standard to all contracts as of
standar untuk semua kontrak pada January 1, 2020.
1 Januari 2020.
31


· PSAK 73: Sewa · PSAK 73: Leases
PSAK 73 menggantikan PSAK 30: Sewa, PSAK 73 supersedes PSAK 30: Leases,
ISAK 8: Penentuan apakah suatu Perjanjian ISAK 8: Determining whether an
mengandung suatu Sewa, ISAK 23: Sewa Arrangement contains a Lease, ISAK 23:
Operasi-Insentif dan ISAK 24: Evaluasi Operating Leases-Incentives and
Substansi Beberapa Transaksi yang ISAK 24: Evaluating the Substance of
Melibatkan Suatu Bentuk Legal Sewa. Transactions Involving the Legal Form of
Standar tersebut menetapkan prinsip- a Lease. The standard sets out the
prinsip untuk pengakuan, pengukuran, principles for the recognition,
penyajian, dan pengungkapan sewa dan measurement, presentation and
mengharuskan penyewa untuk mengakui disclosure of leases and requires lessees
sebagian besar sewa di laporan posisi to recognize most leases on the
keuangan. statement of financial position.
Akuntansi lessor berdasarkan PSAK 73 Lessor accounting under PSAK 73 is

secara substansial tidak berubah dari substantially unchanged from PSAK 30.
PSAK 30. Lessor akan terus Lessors will continue to classify leases as
mengklasifikasikan sewa sebagai sewa either operating or finance leases using
operasi atau keuangan dengan similar principles as in PSAK 30.
menggunakan prinsip yang sama seperti Therefore, PSAK 73 did not have an
dalam PSAK 30. Oleh karena itu, PSAK 73 impact for leases where the Group is the
tidak berdampak pada sewa di mana Grup lessor.
adalah lessor.
Grup menerapkan PSAK 73 dengan The Group adopted PSAK 73 using the
menggunakan metode penerapan modified retrospective method of adoption
retrospektif yang dimodifikasi dengan with the date of initial application of
tanggal penerapan awal 1 Januari 2020. January 1, 2020. Under this method, the
Berdasarkan metode ini, standar diterapkan standard is applied retrospectively with
secara retrospektif dengan efek kumulatif the cumulative effect of initially applying
dari penerapan awal standar yang diakui the standard recognized at the date of
pada tanggal penerapan awal. Grup memilih initial application. The Group elected to
untuk menggunakan kebijaksanaan praktis use the transition practical expedient to
transisi untuk tidak menilai kembali apakah not reassess whether a contract is, or
suatu kontrak adalah, atau berisi sewa pada contains a lease at January 1, 2020.
tanggal 1 Januari 2020. Sebaliknya, Grup Instead, the Group applied the standard
menerapkan standar hanya untuk kontrak only to contracts that were previously
yang sebelumnya diidentifikasi sebagai identified as leases applying PSAK 30
sewa yang menerapkan PSAK 30 dan and ISAK 8 at the date of initial
ISAK 8 pada tanggal aplikasi awal. application.
32


· PSAK 73: Sewa (lanjutan) · PSAK 73: Leases (continued)
Dampak penerapan PSAK 73 pada tanggal The effect of adoption PSAK 73 as at

1 Januari 2020 (naik/(turun)) adalah sebagai January 1, 2020 (increase/(decrease))
berikut: are, as follows:
1 Januari 2020/
January 1, 2020
Aset Assets
Aset hak-guna 44.192.508 Right-of-use assets
Aset tetap (11.712.981) Fixed assets
Biaya dibayar di muka (2.780.784 ) Prepaid expenses
Total aset 29.698.743 Total assets
Liabilitas sewa (29.698.743 ) Lease liabilities
Total liabilitas (29.698.743 ) Total liabilities
Grup memiliki kontrak sewa untuk berbagai The Group has lease contracts for various
item aset tetap. Sebelum penerapan items of fixed assets. Before the adoption
PSAK 73, Grup mengklasifikasikan setiap of PSAK 73, the Group classified each of
sewa (sebagai lessee) pada tanggal its leases (as lessee) at the inception date
permulaan sebagai sewa pembiayaan atau as either a finance lease or an operating
sewa operasi. lease.
Dengan menerapkan PSAK 73, Grup Upon adoption of PSAK 73, the Group
menerapkan pendekatan pengakuan dan applied a single recognition and
pengukuran tunggal untuk semua sewa measurement approach for all leases
kecuali untuk sewa jangka pendek dan except for short-term leases and leases of
sewa dari aset bernilai rendah. low-value assets.
- Sewa yang sebelumnya diklasifikasikan - Leases previously classified as

sebagai sewa pembiayaan finance lease
Grup tidak mengubah jumlah tercatat The Group did not change the initial
awal aset dan liabilitas yang diakui pada carrying amounts of recognized
tanggal penerapan awal untuk sewa assets and liabilities at the date of
yang sebelumnya diklasifikasikan initial application for leases previously
sebagai sewa pembiayaan (yaitu, aset classified as finance leases (i.e., the
hak-guna dan liabilitas sewa sama right of use assets and lease liabilities
dengan aset dan liabilitas sewa yang equal the lease assets and liabilities
diakui berdasarkan PSAK 30). recognized under PSAK 30). The
Persyaratan PSAK 73 diterapkan untuk requirements of PSAK 73 were
sewa ini mulai 1 Januari 2020. applied to these leases from
January 1, 2020.
33


Dengan menerapkan PSAK 73, Grup Upon adoption of PSAK 73, the Group
menerapkan pendekatan pengakuan dan applied a single recognition and
pengukuran tunggal untuk semua sewa measurement approach for all leases
kecuali untuk sewa jangka pendek dan except for short-term leases and leases of
sewa dari aset bernilai rendah. (lanjutan) low-value assets. (continued)
- Sewa yang sebelumnya dicatat sebagai - Leases previously accounted for as

sewa operasi operating leases
Grup tidak mengubah jumlah tercatat The Group did not change the initial
awal aset dan liabilitas yang diakui pada carrying amounts of recognized
tanggal penerapan awal untuk sewa assets and liabilities at the date of
yang sebelumnya diklasifikasikan initial application for leases previously
sebagai sewa pembiayaan (yaitu, aset classified as finance leases (i.e., the
hak-guna dan liabilitas sewa sama right of use assets and lease liabilities
dengan aset dan liabilitas sewa yang equal the lease assets and liabilities
diakui berdasarkan PSAK 30). recognized under PSAK 30). The
Persyaratan PSAK 73 diterapkan untuk requirements of PSAK 73 were
sewa ini mulai 1 Januari 2020. applied to these leases from
January 1, 2020.
Grup juga menerapkan cara praktis yang The Group also applied the available
tersedia di mana: practical expedients wherein it:
- Menggunakan tingkat diskonto tunggal - Used a single discount rate to a

untuk portofolio sewa dengan portfolio of leases with reasonably
karakteristik yang cukup mirip similar characteristics
- Bergantung pada penilaiannya apakah - Relied on its assessment of whether

sewa menjadi memberatkan segera leases are onerous immediately
sebelum tanggal penerapan awal before the date of initial application
- Menerapkan pembebasan sewa jangka - Applied the short-term leases

pendek untuk sewa dengan jangka exemptions to leases with lease term
waktu sewa yang berakhir dalam 12 that ends within 12 months of the date
bulan sejak tanggal penerapan awal of initial application
- Tidak termasuk biaya langsung awal - Excluded the initial direct costs from
dari pengukuran aset hak-guna pada the measurement of the right of use
tanggal penerapan awal asset at the date of initial application
- Menggunakan peninjauan kembali - Used hindsight in determining the

dalam menentukan jangka waktu sewa lease term where the contract
di mana kontrak berisi opsi untuk contained options to extend or
memperpanjang atau mengakhiri sewa terminate the lease
34


Berdasarkan keterangan di atas, per Based on the above, as of

1 Januari 2020: January 1, 2020:
- Aset hak-guna sebesar AS$44.192.508 - Right of use assets of US$44,192,508

telah diakui dan disajikan secara were recognized and presented
terpisah pada laporan posisi keuangan separately in the consolidated
konsolidasian. Ini termasuk aset sewa statement of financial position. This
yang sebelumnya diakui sebagai sewa includes the lease assets recognized
pembiayaan sebesar AS$11.712.981 previously under finance leases of
yang direklasifikasi dari Aset Tetap. US$11,712,981 that were reclassified
from Fixed assets.
- Liabilitas sewa tambahan sebesar - Additional lease liabilities of

AS$29.698.743 telah diakui. US$29,698,743 were recognized.
- Biaya dibayar di muka sebesar - Prepaid expenses of US$2,780,784

AS$2.780.784 terkait dengan sewa related to previous operating leases
operasi sebelumnya dihentikan were derecognized.
pengakuannya.
Liabilitas sewa guna usaha pada tanggal The lease liabilities as at January 1, 2020
1 Januari 2020 dapat direkonsiliasi can be reconciled to the operating lease
dengan komitmen sewa operasi per commitments as of December 31, 2019,
31 Desember 2019, sebagai berikut: as follows:
Jumlah/
Amount
Aset Assets
Komitmen sewa operasi Operating lease commitments
per 31 Desember 2019 45.168.697 as of December 31, 2019
Rata-rata tertimbang suku bunga pinjaman Weighted average incremental borrowing
per 1 Januari 2020 10% rate as of January 1, 2020
Komitmen sewa operasi Discounted operating

yang didiskon lease commitments
per 1 Januari 2020 40.753.459 as of January 1, 2020
Dikurangi: Less:
Komitmen yang berkaitan dengan Commitments relating
sewa jangka pendek (11.054.716) to short-term leases
Menambahkan: Add:
Komitmen yang berkaitan dengan
sewa yang sebelumnya Commitments relating to leases
diklasifikasikan sebagai previously classified as
sewa pembiayaan 11.943.076 finance leases
Liabilitas sewa per 1 Januari 2020 41.641.822 Lease liabilities as of January 1, 2020
35


Penerapan standar dan interpretasi yang baru The adoption of the following new and revised
dan direvisi berikut ini tidak menghasilkan standard and interpretation did not result in
perubahan besar terhadap kebijakan akuntansi substantial changes to Group’s accounting
Grup dan tidak memiliki dampak material pada policies and had no material effect on the
jumlah yang dilaporkan untuk tahun keuangan amounts reported for the current or prior
saat ini atau sebelumnya: financial years:
· Amendemen PSAK 1 dan PSAK 25: Definisi · Amendment to PSAK 1 and

Material PSAK 25: Definition of Material
Amendemen ini mengklarifikasi definisi This amendment clarifies the definition of

materi dengan tujuan menyelaraskan definisi material with the aim of harmonizing the
yang digunakan dalam kerangka kerja definitions used in the conceptual
konseptual dan beberapa PSAK terkait. framework and some relevant PSAKs. In
Selain itu, juga memberikan panduan yang addition, it also provides clearer guidance
lebih jelas mengenai definisi material dalam regarding the definition of material in the
konteks pengurangan pengungkapan yang context of reducing over disclosure due to
berlebihan karena perubahan ambang batas changes in the threshold of the material
definisi material. definition.
· Amendemen PSAK 15: Investasi pada · Amendments to PSAK 15: Long-term

Entitas Asosiasi dan Ventura Bersama interests in associates and joint ventures
tentang Kepentingan Jangka Panjang pada
Entitas Asosiasi dan Ventura Bersama
Amendemen ini mengatur bahwa entitas juga These amendments provide that the
menerapkan PSAK 71 atas instrumen entity should also apply PSAK 71 on the
keuangan pada entitas asosiasi atau ventura financial instruments to associates or joint
bersama dimana metode ekuitas tidak ventures where the equity method is not
diterapkan. Hal ini termasuk kepentingan applied. This includes long-term interests
jangka panjang yang secara substansi that substantively form the entity's net
membentuk bagian investasi neto entitas investment in an associates or joint
pada entitas asosiasi atau ventura bersama. ventures.
36

b. Prinsip-prinsip Konsolidasian b. Principles of Consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements include

laporan keuangan Perusahaan dan entitas the financial statements of the Company and
anaknya, seperti yang disebutkan pada its subsidiaries, mentioned in Note 1c.
Catatan 1c.
Pengendalian diperoleh ketika Grup terekspos, Control is achieved when the Group is
atau memiliki hak atas imbal hasil variabel dari exposed, or has rights, to variable returns from
keterlibatannya dengan investee dan memiliki its involvement with the investee and has the
kemampuan untuk mempengaruhi imbal hasil ability to affect those returns through its power
tersebut melalui kekuasaannya atas investee. over the investee. Specifically, the Group
Secara khusus, Grup mengendalikan investee controls an investee if, and only if, the Group
jika, dan hanya jika, Grup memiliki seluruh hal has all of the following:
berikut ini:
(a) kekuasaan atas investee (misal, adanya hak (a) power over the investee (i.e., existing
yang memberikan Grup kemampuan saat ini rights that give the Group current ability to
untuk mengarahkan aktivitas investee yang direct the relevant activities of the
relevan); investee);
(b) eksposur atau hak atas imbal hasil variabel (b) exposure, or rights, to variable returns
dari keterlibatannya dengan investee; dan from its involvement with the investee;
and
(c) kemampuan untuk menggunakan (c) the ability to use its power over the
kekuasaannya atas investee untuk investee to affect the Group’s returns.
mempengaruhi imbal hasil Grup.
Bila Grup tidak memiliki hak suara atau hak When the Group has less than a majority of the
serupa secara mayoritas atas suatu investee, voting or similar rights of an investee, the
Grup mempertimbangkan semua fakta dan Group considers all relevant facts and
keadaan yang relevan dalam mengevaluasi circumstances in assessing whether it has
apakah mereka memiliki kekuasaan atas power over an investee, including:
investee, termasuk:
(a) Pengaturan kontraktual dengan pemilik hak (a) The contractual arrangement with the
suara lainnya dari investee; other vote holders of the investee;
(b) Hak yang timbul atas pengaturan (b) Rights arising from other contractual
kontraktual lain; dan arrangements; and
(c) Hak suara dan hak suara potensial yang (c) The Group's voting rights and potential
dimiliki Grup. voting rights.
37

b. Prinsip-prinsip Konsolidasian (lanjutan) b. Principles of Consolidation (continued)
Grup menilai kembali apakah mereka The Group re-assesses whether it controls an
mengendalikan investee bila fakta dan keadaan investee if facts and circumstances indicate
mengindikasikan adanya perubahan terhadap that there are changes to one or more of the
satu atau lebih dari ketiga elemen dari three elements of control. Consolidation of
pengendalian. Konsolidasi atas entitas-entitas subsidiaries begins when the Group obtains
anak dimulai sejak Grup memperoleh control over the subsidiary and ceases when
pengendalian atas entitas anak dan berhenti the Group loses control of the subsidiary.
pada saat Grup kehilangan pengendalian atas Assets, liabilities, income and expenses of a
entitas anak. Aset, liabilitas, penghasilan dan subsidiary acquired during a certain year are
beban dari entitas anak yang diakuisisi pada included in the consolidated financial
tahun tertentu disertakan dalam laporan statements from the date the Group gains
keuangan konsolidasian sejak tanggal Grup control until the date the Group ceases to
memperoleh kendali sampai tanggal Grup tidak control the subsidiary.
lagi mengendalikan entitas anak tersebut.
Seluruh laba rugi komprehensif diatribusikan Total comprehensive income within

pada pemilik entitas induk dan pada kepentingan a subsidiary is attributed to the owners of the
non-pengendali (“KNP”) bahkan jika hal ini parent and to the non-controlling interests
mengakibatkan KNP mempunyai saldo defisit. (“NCI”) even if that results in a deficit balance
Bila dipandang perlu, penyesuaian dilakukan of NCI. When necessary, adjustments are
terhadap laporan keuangan entitas anak untuk made to the financial statements of
diselaraskan dengan kebijakan akuntansi Grup. subsidiaries to bring their accounting policies
into line with the Group’s accounting policies.
Seluruh saldo akun, transaksi, penghasilan dan All significant intra and inter-group balances,
beban antar perusahaan yang signifikan, dan transactions, income and expenses, and
laba atau rugi hasil transaksi dari intragrup yang unrealized profits and losses resulting from
belum direalisasi dan dividen telah dieliminasi. intra-group transactions and dividends have
been eliminated.
Entitas anak dikonsolidasi sepenuhnya sejak Subsidiaries are fully consolidated from the
tanggal akuisisi, yaitu tanggal Perusahaan date of acquisitions, being the date on which
memperoleh pengendalian, sampai dengan the Company obtained control, and continue
tanggal pada saat kehilangan pengendalian. to be consolidated until the date when such
Pengendalian dianggap ada ketika Perusahaan control ceases. Control is presumed to exist if
memiliki, secara langsung atau tidak langsung the Company owns, directly or indirectly
melalui entitas anak, lebih dari setengah hak through subsidiaries, more than half of the
suara suatu entitas. voting right of an entity.
Perubahan dalam bagian kepemilikan entitas A change in the parent’s ownership interest in
induk pada entitas anak yang tidak a subsidiary, without a loss of control, is
mengakibatkan hilangnya pengendalian, dicatat accounted for as an equity transaction. If the
sebagai transaksi ekuitas. Bila kehilangan Group loses control over a subsidiary, it
pengendalian atas suatu entitas anak, maka derecognizes the related assets (including
Grup menghentikan pengakuan atas aset goodwill), liabilities, NCI and other component
(termasuk goodwill), liabilitas, KNP dan of equity, while the difference is recognized in
komponen lain dari ekuitas terkait, dan the profit or loss. Any investment retained is
selisihnya diakui pada laba rugi. Bagian dari recognized at fair value.
investasi yang tersisa diakui pada nilai wajar.
38

c. Kombinasi Bisnis c. Business Combinations
Kombinasi bisnis dicatat dengan menggunakan Business combinations are accounted for
metode akuisisi. Biaya perolehan dari sebuah using the acquisition method. The cost of an
akuisisi diukur pada nilai agregat imbalan yang acquisition is measured as the aggregate of
dialihkan, diukur pada nilai wajar pada tanggal the consideration transferred, measured at fair
akuisisi dan jumlah setiap KNP pada pihak yang value on the acquisition date and the amount
diakuisisi. Untuk setiap kombinasi bisnis, pihak of any NCI in the acquiree. For each business
pengakuisisi mengukur KNP pada entitas yang combination, the acquirer measures the NCI in
diakuisisi baik pada nilai wajar ataupun pada the acquiree either at fair value or at the
proporsi kepemilikan KNP atas aset neto yang proportionate share of the acquiree’s
teridentifikasi dari entitas yang diakuisisi. Biaya- identifiable net assets. Transaction costs
biaya akuisisi yang timbul dibebankan langsung incurred are directly expensed and included in
dan disertakan dalam beban-beban administrative expenses.
administrasi.
Ketika mengakuisisi sebuah bisnis, Grup When the Group acquires a business, they
mengklasifikasikan dan menentukan aset assess the financial assets and liabilities
keuangan yang diperoleh dan liabilitas assumed for appropriate classification and
keuangan yang diambil alih berdasarkan pada designation in accordance with contractual
persyaratan kontraktual, kondisi ekonomi dan terms, economics circumstances and
kondisi terkait lain yang ada pada tanggal pertinent conditions as at the acquisition date.
akuisisi.
Dalam suatu kombinasi bisnis yang dilakukan If the business combination is achieved in
secara bertahap, pihak pengakuisisi mengukur stages, the acquisition-date fair value of the
kembali kepentingan ekuitas yang dimiliki acquirer’s previously held equity interest in the
sebelumnya pada pihak yang diakuisisi pada acquiree is restated to fair value at the
nilai wajar tanggal akuisisi dan mengakui acquisition date through profit or loss.
keuntungan atau kerugian yang dihasilkan
melalui laba atau rugi.
Imbalan kontinjensi yang dialihkan oleh pihak Any contingent consideration to be transferred
pengakuisisi diakui pada nilai wajar tanggal by the acquirer will be recognized at fair value
akuisisi. at the acquisition date.
Imbalan kontinjensi yang diklasifikasikan Contingent consideration classified as equity

sebagai ekuitas tidak diukur kembali dan is not re-measured and its subsequent
penyelesaian selanjutnya adalah diperhitungkan settlement is accounted for within equity. As of
dalam ekuitas. Pada tanggal 31 Desember 2020, December 31, 2020, contingent consideration
imbalan kontinjensi yang diklasifikasikan classified as an asset or liability that is a
sebagai aset atau liabilitas yaitu instrumen financial instrument and within the scope of
keuangan dan dalam lingkup PSAK 71: PSAK 71: Financial Instruments (2019:
Instrumen Keaungan (2019: PSAK 55: PSAK 55: Financial Instruments: Recognition
Instrumen Keuangan: Pengakuan dan and Measurement) is measured at fair value
Pengukuran), diukur pada nilai wajar dengan with the changes in fair value recognized in the
perubahan nilai wajar yang diakui dalam laba profit or loss in accordance with PSAK 71
rugi sesuai dengan PSAK 71 (2019: PSAK 55). (2019: PSAK 55).
Imbalan kontinjensi lain yang tidak termasuk Other contingent consideration that is not
dalam PSAK 71 (2019: PSAK 55) diukur sebesar within the scope of PSAK 71 (2019: PSAK 55)
nilai wajar pada setiap tanggal pelaporan is measured at fair value at each reporting date
dengan perubahan nilai wajar yang diakui dalam with changes in fair value recognized in profit
laba rugi. or loss.
39

c. Kombinasi Bisnis (lanjutan) c. Business Combinations (continued)
Setelah pengakuan awal, goodwill disajikan After initial recognition, goodwill is measured
pada jumlah tercatat dikurangi akumulasi at cost less any accumulated impairment
kerugian penurunan nilai. Untuk tujuan uji losses. For the purpose of impairment testing,
penurunan nilai, goodwill yang diperoleh dari goodwill acquired in a business combination is
suatu kombinasi bisnis, sejak tanggal akuisisi, allocated from the acquisition date, to each of
dialokasikan kepada setiap unit penghasil kas the Group’s cash generating unit (“CGU”) that
(“UPK”) dari Grup yang diharapkan akan are expected to benefit from the combination,
bermanfaat dari sinergi kombinasi tersebut, irrespective of whether other assets or
terlepas dari apakah aset atau liabilitas lain dari liabilities of the acquirer are assigned to those
pihak yang diakuisisi dialokasikan atas UPK CGUs. Where goodwill forms part of a CGU
tersebut. Jika goodwill telah dialokasikan pada and part of the operations within that CGU is
suatu UPK dan operasi tertentu dalam UPK disposed of, the goodwill associated with the
tersebut dilepas, maka goodwill yang operations disposed of is included in the
diasosiasikan dengan operasi yang dilepas carrying amount of the operations when
tersebut termasuk dalam jumlah tercatat operasi determining the gain or loss on disposal of the
tersebut ketika menentukan keuntungan atau operations. Goodwill disposed of in this
kerugian dari pelepasan operasi. Goodwill yang circumstance is measured based on the
dilepaskan tersebut diukur berdasarkan nilai relative values of the operations disposed of
relatif operasi yang dilepas dan porsi UPK yang and the portion of the CGU retained.
ditahan.
d. Transaksi Restrukturisasi Entitas d. Restructuring Transactions of Entities

Sepengendali Under Common Control
Transaksi kombinasi bisnis entitas Business combination transaction under

sepengendali, berupa pengalihan bisnis dalam common control, in the form of transfer of
rangka reorganisasi entitas-entitas yang berada business within the framework of
dalam suatu Grup yang sama, bukan merupakan reorganization of entities under the same
perubahan kepemilikan dalam arti substansi business group is not a change of ownership
ekonomi, sehingga transaksi tersebut tidak in economic substance, therefore it would not
dapat menimbulkan laba atau rugi bagi Grup result in a gain or loss for the group as a whole
secara keseluruhan ataupun bagi entitas or to the individual entity within the same
individual dalam Grup tersebut, karenanya group, therefore the transactions are recorded
transaksi tersebut diakui pada jumlah tercatat using the pooling-of-interests method.
berdasarkan metode penyatuan kepemilikan
(pooling-of-interests).
Dalam menerapkan metode penyatuan In applying the pooling-of-interests method,

kepemilikan, komponen laporan keuangan untuk the components of the financial statements for
periode dimana terjadi kombinasi bisnis dan the period during which the business
untuk periode komparatif sajian, disajikan combination occurred and for other periods
sedemikian rupa seolah-olah penggabungan presented for comparison purposes, are
tersebut telah terjadi sejak awal periode entitas presented in such a manner as if the
yang bergabung berada dalam sepengendalian. combination has already occurred since the
Entitas yang melepas bisnis maupun yang beginning of the period in which the entities
menerima bisnis mencatat selisih antara were under common control. The entity that
imbalan yang diterima/dialihkan dan jumlah disposed and received business records the
tercatat bisnis yang dilepas/jumlah tercatat dari difference between the consideration
setiap transaksi kombinasi bisnis di ekuitas dan received/transferred and the carrying amount
menyajikannya dalam “Tambahan Modal of the disposed business/carrying amount of
Disetor”. any business combination transaction in
equity and presenting it in “Additional Paid-in
Capital”.
40

e. Kas dan Setara Kas e. Cash and Cash Equivalents
Kas dan setara kas terdiri atas kas dan bank dan Cash and cash equivalents consist of cash on
deposito berjangka dengan jangka waktu tiga hand and in banks and time deposits with
bulan atau kurang sejak saat penempatan dan original maturity periods of three months or
tidak dibatasi penggunaannya. less and not restricted in the usage.
f. Aset Keuangan Lancar Lainnya f. Other Current Financial Assets
Aset keuangan lancar lainnya terdiri dari: Other current financial assets consist of:
a. Deposito berjangka dengan jangka waktu a. Time deposits with maturities of more
lebih dari 3 (tiga) bulan tetapi tidak lebih dari than 3 (three) months but not exceeding
1 (satu) tahun sejak tanggal penempatan. 1 (one) year at the time of placement.
b. Kas yang dibatasi penggunaannya terkait b. Restricted cash relating to customer

dengan uang muka dari pelanggan yang deposits which are restricted for the
penggunaannya dibatasi untuk pembayaran payments of tax clearance in accordance
surat keterangan fiskal (tax clearance) with goods handling activities in ports.
sehubungan dengan proses pengeluaran
barang di pelabuhan.
g. Transaksi dengan Pihak-pihak Berelasi g. Transactions with Related Parties
Suatu pihak dianggap berelasi dengan Grup jika: A party is considered to be related to the
Group if:
a. langsung, atau tidak langsung yang melalui a. directly, or indirectly through one or more
satu atau lebih perantara, suatu pihak intermediaries, the party (i) controls, is
(i) mengendalikan, atau dikendalikan oleh, controlled by, or is under common control
atau berada di bawah pengendalian with the Group; (ii) has an interest in the
bersama dengan Grup; (ii) memiliki Group that gives it significant influence
kepentingan dalam Grup yang memberikan over the Group; or (iii) has joint control
pengaruh signifikan atas Grup; atau over the Group;
(iii) memiliki pengendalian bersama atas
Grup;
b. suatu pihak adalah entitas asosiasi Grup; b. the party is an associate of the Group;
c. suatu pihak adalah ventura bersama di c. the party is a joint venture in which the
mana Grup sebagai venturer; Group is a venturer;
d. suatu pihak adalah anggota dari personil d. the party is a member of the key
manajemen kunci Grup atau entitas induk management personnel of the Group or
Grup; its parent;
e. suatu pihak adalah anggota keluarga dekat e. the party is a close member of the family
dari individu yang diuraikan dalam butir (a) of any individual referred to in (a) or (d);
atau (d);
f. suatu pihak adalah entitas yang f. the party is an entity that is controlled,
dikendalikan, dikendalikan bersama atau jointly controlled or significantly
dipengaruhi signifikan oleh atau di mana influenced by or for which significant
hak suara signifikan dimiliki oleh, langsung voting power in such entity resides with,
maupun tidak langsung, individu seperti directly or indirectly, any individual
diuraikan dalam butir (d) atau (e); atau referred to in (d) or (e); or
41

g. Transaksi dengan Pihak-pihak Berelasi g. Transactions with Related Parties

(lanjutan) (continued)
Suatu pihak dianggap berelasi dengan Grup jika: A party is considered to be related to the
(lanjutan) Group if: (continued)
g. suatu pihak adalah suatu program imbalan g. the party is a post-employment benefit
pasca kerja untuk imbalan kerja dari Grup plan for the benefit of employees of the
atau entitas yang terkait dengan Grup. Group or of any entity that is a related
party of the Group.
h. Peristiwa setelah Periode Pelaporan h. Events after the Reporting Period
Peristiwa setelah akhir periode yang Post period-end events that provide additional
memberikan tambahan informasi mengenai information about the Group’s financial
posisi keuangan Grup pada tanggal pelaporan position at the reporting date (adjusting
(peristiwa penyesuai), jika ada, dicerminkan events), if any, are reflected in the
dalam laporan keuangan konsolidasian. consolidated financial statements. Post
Peristiwa setelah akhir periode yang bukan period-end events that are not adjusting
peristiwa penyesuaian diungkapkan dalam events are disclosed in the Notes to the
Catatan atas laporan keuangan konsolidasian, consolidated financial statements, when
jika material. material.
i. Persediaan i. Inventories
Persediaan dinyatakan sebesar nilai terendah Inventories are stated at the lower of cost or
antara biaya perolehan dengan nilai realisasi net realizable value.
neto.
Biaya perolehan ditentukan dengan metode Cost is determined using the weighted-
rata-rata tertimbang yang terdiri dari semua average method which comprises all costs of
biaya pembelian, biaya konversi dan biaya purchase, costs of conversion and other costs
lainnya yang terjadi pada saat membawa incurred in bringing the inventories to their
persediaan ke lokasi dan kondisi yang sekarang. present location and condition. Allowance for
Penyisihan untuk persediaan usang dan/atau inventory obsolescence and/or decline in the
penurunan nilai persediaan ditetapkan untuk value of inventories is provided to reduce the
menurunkan nilai tercatat persediaan ke nilai carrying value of inventories to their net
realisasi neto. realizable value.
Nilai realisasi neto adalah taksiran harga jual Net realizable value is the estimated selling
dalam kegiatan usaha normal, dikurangi dengan price in the ordinary course of business, less
estimasi biaya penyelesaian dan perkiraan biaya estimated costs of completion and the
yang diperlukan untuk membuat penjualan. estimated costs necessary to make the sale.
j. Beban Dibayar di Muka j. Prepaid Expenses
Beban dibayar di muka diamortisasi dan Prepaid expenses are amortized and charged
dibebankan pada usaha selama masa to operations over the periods benefited. The
manfaatnya. Bagian jangka panjang dari beban long-term portion of prepaid expenses is
dibayar di muka disajikan sebagai bagian dari presented as part of “Other Non-current
“Aset Tidak Lancar Lainnya - Neto” dalam Assets - Net” in the consolidated statement of
laporan posisi keuangan konsolidasian. financial position.
42

k. Sewa k. Leases
Efektif mulai 1 Januari 2020 Effective beginning January 1, 2020
Grup menilai pada awal kontrak apakah suatu The Group assesses at contract inception
kontrak adalah, atau berisi, sewa. Artinya, jika whether a contract is, or contains, a lease.
kontrak memberikan hak untuk mengendalikan That is, if the contract conveys the right to
penggunaan aset teridentifikasi untuk suatu control the use of an identified asset for a
periode waktu sebagai imbalan untuk imbalan. period of time in exchange for consideration.
Grup sebagai lessee Group as lessee
Grup menerapkan satu pendekatan pengakuan The Group applies a single recognition and
dan pengukuran bagi seluruh sewa, kecuali measurement approach for all leases, except
untuk sewa jangka pendek dan sewa aset for short-term leases and leases of low-value
bernilai rendah. Grup mengakui liabilitas sewa assets. The Group recognizes lease liabilities
untuk melakukan pembayaran sewa dan aset to make lease payments and right of use
hak-guna yang merupakan hak untuk assets representing the right to use the
menggunakan aset pendasar. underlying assets.
i. Aset Hak-guna i. Right-of-use assets
Grup mengakui aset hak-guna pada tanggal The Group recognizes right of use assets at
dimulainya sewa (yaitu tanggal aset tersedia the commencement date of the lease (i.e.,
untuk digunakan). Aset hak-guna diukur the date the underlying asset is available for
pada harga perolehan, dikurangi akumulasi use). Right of use assets are measured at
penyusutan dan penurunan nilai, dan cost, less any accumulated depreciation
disesuaikan untuk setiap pengukuran and impairment losses, and adjusted for any
kembali liabilitas sewa. Biaya perolehan aset remeasurement of lease liabilities. The cost
hak-guna mencakup jumlah liabilitas sewa of right of use assets includes the amount of
yang diakui, biaya langsung yang timbul lease liabilities recognized, initial direct
diawal, dan pembayaran sewa yang costs incurred, and lease payments made at
dilakukan pada atau sebelum tanggal mulai or before the commencement date less any
dikurangi setiap insentif sewa yang diterima. lease incentives received. Right of use
Aset hak-guna disusutkan dengan metode assets are depreciated on a straight-line
garis lurus selama periode yang lebih pendek basis over the shorter of the lease term and
antara sewa dan estimasi masa manfaat the estimated useful lives of the assets, as
aset, sebagai berikut: follows:
Tahun/Years
Bangunan dan prasarana 2-6 Building and improvements

Kendaraan 2-3 Vehicles
Peralatan dan inventaris kantor 2-4 Office furniture, fixtures and equipment
Kapal 3-5 Vessels
Mesin dan peralatan 2-3 Machinery and equipment
Entitas anak tertentu menghitung Certain subsidiaries computed

penyusutan untuk mesin dan peralatan depreciation for certain machinery and
tertentu, dengan metode durasi pemakaian. equipment, based on duration of use
Estimasi durasi pemakaian atas mesin dan method. Estimated duration of use for
peralatan tertentu antara 12.000 jam sampai certain machinery and equipment range
dengan 34.000 jam. from 12,000 hours to 34,000 hours.
43

k. Sewa (lanjutan) k. Leases (continued)
Grup sebagai lessee (lanjutan) Group as lessee (continued)
i. Aset Hak-guna (lanjutan) i. Right of use assets (continued)
Jika kepemilikan aset sewaan beralih ke If ownership of the leased asset transfers
Grup pada akhir masa sewa atau biaya to the Group at the end of the lease term
perolehan mencerminkan pelaksanaan opsi or the cost reflects the exercise of a
beli, penyusutan dihitung dengan purchase option, depreciation is
menggunakan estimasi masa manfaat aset. calculated using the estimated useful life
of the asset.
Aset hak-guna juga mengalami penurunan The right of use assets are also subject to
nilai. Lihat kebijakan akuntansi pada impairment. Refer to the accounting
Catatan 2m - Penurunan nilai aset non- policies in Notes 2m - Impairment of
keuangan. non-financial assets.
ii. Liabilitas sewa ii. Lease liabilities
Pada tanggal dimulainya sewa, Grup At the commencement date of the lease,
mengakui liabilitas sewa yang diukur pada the Group recognizes lease liabilities
nilai kini pembayaran sewa yang harus measured at the present value of lease
dilakukan selama masa sewa. Pembayaran payments to be made over the lease term.
sewa mencakup pembayaran tetap The lease payments include fixed
(termasuk pembayaran tetap secara payments (including in-substance fixed
substansi) dikurangi piutang insentif sewa, payments) less any lease incentives
pembayaran sewa variabel yang bergantung receivable, variable lease payments that
pada indeks atau tarif, dan jumlah yang depend on an index or a rate, and amounts
diharapkan akan dibayar dibawah jaminan expected to be paid under residual value
nilai residu. Pembayaran sewa juga guarantees. The lease payments also
mencakup harga pelaksanaan dari opsi beli include the exercise price of a purchase
yang cukup pasti akan dilaksanakan oleh option reasonably certain to be exercised
Grup, dan pembayaran denda untuk by the Group and payments of penalties for
penghentian sewa, jika masa sewa terminating the lease, if the lease term
merefleksikan Grup melaksanakan opsi reflects the Group exercising the option to
untuk menghentikan sewa. Pembayaran terminate. Variable lease payments that do
sewa variabel yang tidak bergantung pada not depend on an index or a rate are
indeks atau tarif diakui sebagai beban recognized as expenses (unless they are
(kecuali terjadi untuk menghasilkan incurred to produce inventories) in the
persediaan) pada periode di mana peristiwa period in which the event or condition that
atau kondisi yang memicu terjadinya triggers the payment occurs.
pembayaran.
44

Grup sebagai lessee (lanjutan) Group as lessee (continued)
ii. Liabilitas sewa (lanjutan) ii. Lease liabilities (continued)
Dalam menghitung nilai kini pembayaran In calculating the present value of lease
sewa, Grup menggunakan suku bunga payments, the Group uses its incremental
pinjaman tambahan pada tanggal dimulainya borrowing rate at the lease commencement
sewa karena tingkat bunga implisit dalam date because the interest rate implicit in the
sewa tidak dapat segera ditentukan. Setelah lease is not readily determinable. After the
tanggal permulaan, jumlah liabilitas sewa commencement date, the amount of lease
ditingkatkan untuk merefleksikan liabilities is increased to reflect the
penambahan bunga dan mengurangi accretion of interest and reduced for the
pembayaran sewa yang dilakukan. Selain itu, lease payments made. In addition, the
nilai tercatat liabilitas sewa diukur kembali carrying amount of lease liabilities is
jika ada modifikasi, perubahan masa sewa, remeasured if there is a modification, a
perubahan pembayaran sewa (misalnya, change in the lease term, a change in the
perubahan pembayaran masa depan akibat lease payments (e.g., changes to future
perubahan indeks atau kurs yang digunakan payments resulting from a change in an
untuk pembayaran sewa) atau perubahan index or rate used to determine such lease
penilaian opsi untuk membeli aset pendasar. payments) or a change in the assessment
of an option to purchase the underlying
asset.
iii. Sewa jangka pendek dan sewa aset bernilai iii. Short-term leases and leases of low-value
rendah assets
Grup menerapkan pengecualian The Group applies the short-term lease

pengakuan sewa jangka pendek untuk sewa recognition exemption to its short-term
mesin dan peralatan jangka pendeknya leases of machinery and equipment (i.e.,
(yaitu, sewa yang memiliki jangka waktu those leases that have a lease term of 12
sewa 12 bulan atau kurang, dari tanggal months or less from the commencement
permulaan dan tidak mengandung opsi beli). date and do not contain a purchase
Hal ini juga berlaku untuk pengecualian option). It also applies the lease of low-
pengakuan sewa aset bernilai rendah untuk value assets recognition exemption to
sewa peralatan kantor yang dianggap leases of office equipment that are
bernilai rendah. Pembayaran sewa untuk considered to be low value. Lease
sewa jangka pendek dan sewa dari aset payments on short-term leases and leases
bernilai rendah diakui sebagai beban of low-value assets are recognized as
dengan metode garis lurus selama masa expense on a straight-line basis over the
sewa. lease term.
45

Grup sebagai Lessor The Group as Lessor
Sewa dimana Grup tidak mengalihkan secara Leases where the Group does not transfer
substansial seluruh risiko dan manfaat yang substantially all the risks and rewards of
terkait dengan kepemilikan aset diklasifikasikan ownership of the asset are classified as
sebagai sewa operasi. operating leases.
Pendapatan sewa yang timbul dicatat dengan Rental income arising is accounted for on a
metode garis lurus selama masa sewa dan straight-line basis over the lease terms and is
dimasukkan dalam pendapatan dalam laporan included in revenue in the consolidated
laba rugi dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian karena sifat operasinya. Biaya comprehensive income due to its operating
perolehan langsung awal yang timbul dalam nature. Initial direct costs incurred in
negosiasi dan pengaturan sewa operasi negotiating and arranging an operating lease
ditambahkan ke nilai tercatat aset sewaan dan are added to the carrying amount of the leased
diakui selama masa sewa atas dasar yang sama asset and recognized over the lease term on
dengan pendapatan sewa. Sewa kontinjensi the same basis as rental income. Contingent
diakui sebagai pendapatan pada periode rents are recognized as revenue in the period
perolehannya. in which they are earned.
l. Aset Tetap l. Fixed Assets
Aset tetap dinyatakan sebesar biaya perolehan Fixed assets are stated at cost less
dikurangi akumulasi penyusutan (kecuali tanah accumulated depreciation (except for land that
yang tidak disusutkan) dan rugi penurunan nilai, is not depreciated) and impairment losses, if
jika ada. Biaya perolehan termasuk biaya any. Such cost includes the cost of replacing
penggantian bagian aset tetap saat biaya part of the fixed assets when that cost is
tersebut terjadi, jika memenuhi kriteria incurred, if the recognition criteria are met.
pengakuan. Selanjutnya, pada saat inspeksi Likewise, when a major inspection is
yang signifikan dilakukan, biaya inspeksi itu performed, its cost is recognized in the
diakui ke dalam nilai tercatat aset tetap sebagai carrying amount of the fixed assets as a
suatu penggantian jika memenuhi kriteria replacement if the recognition criteria are
pengakuan. Semua biaya pemeliharaan dan satisfied. All other repairs and maintenance
perbaikan yang tidak memenuhi kriteria costs that do not meet the recognition criteria
pengakuan diakui dalam laba rugi pada saat are recognized in profit or loss as incurred.
terjadinya.
Penyusutan dimulai ketika aset tetap telah siap Depreciation starts when the fixed assets are
digunakan sesuai dengan yang diharapkan yang ready for their intended use, which is
dihitung menggunakan metode garis lurus, computed using the straight-line method over
dengan estimasi masa manfaat aset sebagai the estimated useful lives of the assets, as
berikut: follows:
Tahun/Years
Jalan dan infrastruktur 10 Road and infrastructure

Bangunan dan prasarana 5 - 20 Building and improvements
Kendaraan 3-8 Vehicles
Peralatan dan inventaris kantor 3-5 Office furniture, fixtures and equipment
Kapal 3 - 16 Vessels
Mesin dan peralatan 3-8 Machinery and equipment
46

l. Aset Tetap (lanjutan) l. Fixed Assets (continued)
Entitas anak tertentu menghitung penyusutan Certain subsidiaries computed depreciation

untuk mesin dan peralatan tertentu, dengan for certain machinery and equipment, based
metode durasi pemakaian. Estimasi durasi on duration of use method. Estimated duration
pemakaian atas mesin dan peralatan tertentu of use for certain machinery and equipment
antara 6.000 jam sampai dengan 150.000 jam. range from 6,000 hours to 150,000 hours.
Aset dalam penyelesaian dinyatakan sebesar Construction in-progress is stated at cost and
biaya perolehan dan disajikan sebagai bagian presented as part of “Fixed Assets” in the
dari “Aset Tetap” dalam laporan posisi keuangan consolidated statement of financial position.
konsolidasian. Akumulasi biaya perolehan untuk The accumulated costs will be reclassified to
aset dalam penyelesaian akan dipindahkan ke the appropriate fixed asset account when the
masing-masing aset tetap yang bersangkutan construction is substantially completed and
pada saat aset tersebut selesai dikerjakan dan the constructed asset is ready for its intended
siap digunakan sesuai dengan tujuannya. use.
Jumlah tercatat aset tetap dihentikan An item of fixed asset is derecognized upon
pengakuannya pada saat dilepaskan atau saat disposal or when no future economic benefits
tidak ada manfaat ekonomis masa depan yang are expected from its use or disposal. Any gain
diharapkan dari penggunaan atau or loss arising on derecognition of the asset
pelepasannya. Laba atau rugi yang timbul dari (calculated as the difference between the net
penghentian pengakuan aset (dihitung sebagai disposal proceeds and the carrying amount of
perbedaan antara jumlah neto hasil pelepasan the asset) is included in profit or loss in the
dan jumlah tercatat dari aset) dimasukkan dalam year the asset is derecognized.
laba rugi pada tahun aset tersebut dihentikan
pengakuannya.
Pada setiap akhir tahun buku, nilai residu, umur Residual values, useful lives and methods of
manfaat dan metode penyusutan ditelaah, dan depreciation are reviewed, and adjusted
jika sesuai dengan keadaan, disesuaikan secara prospectively, if appropriate, at each financial
prospektif. year end.
Tanah dinyatakan sebesar biaya perolehan dan Land are stated at cost and not depreciated.
tidak disusutkan.
Biaya pengurusan legal hak atas tanah ketika Legal cost of land rights when the land was
tanah diperoleh pertama kali diakui sebagai initially acquired are recognized as part of the
bagian dari biaya perolehan tanah. Biaya cost of the land. The extension or the legal
pengurusan atas perpanjangan atau pembaruan renewal costs of land rights are recognized as
legal hak atas tanah diakui sebagai bagian dari part of “Other Non-current Assets - Net”
akun “Aset Tidak Lancar Lainnya - Neto” dalam account in the consolidated statement of
laporan posisi keuangan konsolidasian dan financial position and are amortized over the
diamortisasi sepanjang mana yang lebih pendek shorter of the rights’ legal life and land’s
antara umur hukum hak dan umur ekonomis economic life.
tanah.
Biaya tertentu sehubungan dengan Specific costs associated with the renewal of
perpanjangan hak atas tanah dapat land titles may be deferred and amortized over
ditangguhkan dan diamortisasi selama jangka the legal term of the landrights or economic life
hukum hak atas tanah atau umur ekonomis of the land, whichever is shorter.
tanah, mana yang lebih pendek.
47

m. Penurunan Nilai Aset Non-keuangan m. Impairment of Non-financial Assets
Pada setiap akhir periode pelaporan, Grup The Group assesses at each reporting period
menilai apakah terdapat indikasi suatu aset whether there is an indication that an asset
mengalami penurunan nilai. Jika terdapat may be impaired. If any such indication exists
indikasi tersebut atau pada saat pengujian or when annual impairment testing for an
penurunan nilai aset (yaitu aset takberwujud asset (i.e., an intangible asset with an
dengan umur manfaat tidak terbatas, aset indefinite useful life, an intangible asset not yet
takberwujud yang belum dapat digunakan, atau available for use, or goodwill acquired in a
goodwill yang diperoleh dalam suatu kombinasi business combination) is required, the Group
bisnis) diperlukan, maka Grup membuat makes an estimate of the asset’s recoverable
estimasi formal jumlah terpulihkan aset tersebut. amount.
Jumlah terpulihkan yang ditentukan untuk aset An asset’s recoverable amount is the higher of
individual adalah jumlah yang lebih tinggi antara the asset’s or its Cash Generating Unit’s
nilai wajar aset atau Unit Penghasil Kas (“UPK”) (“CGU”) fair value less costs of disposal and
dikurangi biaya pelepasan dengan nilai its value in use, and is determined for an
pakainya, kecuali aset tersebut tidak individual asset, unless the asset does not
menghasilkan arus kas masuk yang sebagian generate cash inflows that are largely
besar independen dari aset atau kelompok aset independent of those from other assets or
lain. Jika nilai tercatat aset lebih besar daripada groups of assets. Where the carrying amount
nilai terpulihkannya, maka aset tersebut of an asset exceeds its recoverable amount,
mengalami penurunan nilai dan nilai tercatat the asset is considered impaired and is written
aset diturunkan menjadi sebesar nilai down to its recoverable amount. Impairment
terpulihkannya. Rugi penurunan nilai dari losses of continuing operations are recognized
operasi yang dilanjutkan diakui dalam laporan in the consolidated statement of profit or loss
laba rugi dan penghasilan komprehensif lain and other comprehensive income as
konsolidasian sebagai “Rugi Penurunan Nilai”. “Impairment Losses”.
Dalam menghitung nilai pakai, estimasi arus kas In assessing the value in use, the estimated
masa depan neto didiskontokan ke nilai kini net future cash flows are discounted to their
dengan menggunakan tingkat diskonto sebelum present value using a pre-tax discount rate
pajak yang menggambarkan penilaian pasar that reflects current market assessments of
terkini atas nilai waktu dari uang dan risiko the time value of money and the risks specific
spesifik dari aset. Jika tidak terdapat transaksi to the asset. If no such transactions can be
tersebut, Grup menggunakan model penilaian identified, an appropriate valuation model is
yang sesuai untuk menentukan nilai wajar aset. used to determine the fair value of the assets.
Perhitungan-perhitungan ini dikuatkan oleh These calculations are corroborated by
penilaian berganda atau indikasi nilai wajar yang valuation multiples or other available fair value
tersedia. indicators.
Dalam mengukur nilai wajar dikurangi biaya In measurement of fair value less costs of
pelepasan, digunakan harga penawaran pasar disposal, recent market transactions are taken
terakhir, jika tersedia. Kerugian penurunan nilai into account, if available. Impairment losses of
dari operasi yang dilanjutkan, jika ada, diakui continuing operations, if any, are recognized in
dalam laporan laba rugi dan penghasilan the consolidated statement of profit or loss and
komprehensif lain konsolidasian sesuai dengan other comprehensive income under expense
kategori beban yang konsisten dengan fungsi categories that are consistent with the
dari aset yang diturunkan nilainya. functions of the impaired assets.
48

m. Penurunan Nilai Aset Non-keuangan m. Impairment of Non-financial Assets

Penilaian dilakukan pada akhir setiap periode An assessment is made at each annual
pelaporan tahunan apakah terdapat indikasi reporting period as to whether there is any
bahwa rugi penurunan nilai yang telah diakui indication that previously recognized
dalam periode sebelumnya untuk aset selain impairment losses recognized for an asset
goodwill mungkin tidak ada lagi atau mungkin other than goodwill may no longer exist or may
telah menurun. Jika indikasi dimaksud have decreased. If such indication exists, the
ditemukan, maka entitas mengestimasi jumlah recoverable amount is estimated. A previously
terpulihkan aset tersebut. Kerugian penurunan recognized impairment loss for an asset other
nilai yang telah diakui dalam periode than goodwill is reversed only if there has been
sebelumnya untuk aset selain goodwill dibalik a change in the assumptions used to
hanya jika terdapat perubahan asumsi-asumsi determine the asset’s recoverable amount
yang digunakan untuk menentukan jumlah since the last impairment loss was recognized.
terpulihkan aset tersebut sejak rugi penurunan
nilai terakhir diakui.
Dalam hal ini, jumlah tercatat aset dinaikkan ke If that is the case, the carrying amount of the
jumlah terpulihkannya. Pembalikan tersebut asset is increased to its recoverable amount.
dibatasi sehingga jumlah tercatat aset tidak The reversal is limited so that the carrying
melebihi jumlah terpulihkannya maupun jumlah amount of the asset does not exceed its
tercatat, neto setelah penyusutan, seandainya recoverable amount, nor exceeds the carrying
tidak ada rugi penurunan nilai yang telah diakui amount that would have been determined, net
untuk aset tersebut pada tahun sebelumnya. of depreciation, had no impairment loss been
Pembalikan rugi penurunan nilai diakui dalam recognized for the asset in prior years.
laporan laba rugi dan penghasilan komprehensif Reversal of an impairment loss is recognized
lain konsolidasian. Setelah pembalikan tersebut, in the consolidated statement of profit or loss
penyusutan aset tersebut disesuaikan di periode and other comprehensive income. After such
mendatang untuk mengalokasikan jumlah a reversal, the depreciation charge on the said
tercatat aset yang direvisi, dikurangi nilai asset is adjusted in future periods to allocate
sisanya, dengan dasar yang sistematis selama the asset’s revised carrying amount, less any
sisa umur manfaatnya. residual value, on a systematic basis over its
remaining useful life.
Goodwill diuji untuk penurunan nilai setiap akhir Goodwill is tested for impairment at each
periode pelaporan dan ketika keadaan yang reporting period and when circumstances
mengindikasikan bahwa nilai tercatat mengalami indicate that the carrying value may be
penurunan nilai. Penurunan nilai goodwill impaired. Impairment is determined for
ditetapkan dengan menentukan jumlah tercatat goodwill by assessing the recoverable amount
tiap UPK (atau kelompok UPK) dimana goodwill of each CGU (or group of CGUs) to which the
terkait. Jika jumlah terpulihkan dari UPK kurang goodwill relates. Where the recoverable
dari jumlah tercatatnya, rugi penurunan nilai amount of the CGU is less than its carrying
diakui. Kerugian penurunan nilai yang amount, an impairment loss is recognized.
berhubungan dengan goodwill tidak dapat Impairment losses relating to goodwill cannot
dibalik pada periode berikutnya. be reversed in future periods.
49

n. Kapitalisasi Biaya Pinjaman n. Capitalization of Borrowing Costs
Grup mengkapitalisasi beban bunga yang The Group capitalizes interest charges
berasal dari pinjaman dan biaya terkait lainnya incurred on borrowings and other related costs
yang digunakan untuk membiayai to finance the construction or installation of
pembangunan atau instalasi aset tetap. major facilities. Capitalization of these
Kapitalisasi biaya pinjaman dihentikan pada saat borrowing costs ceases when the construction
pembangunan atau instalasi aset selesai dan or installation is completed and the related
aset yang dibangun atau diinstalasi tersebut asset constructed or installed are ready for
telah siap untuk digunakan. their intended use.
o. Pengakuan Pendapatan dan Beban o. Revenue and Expense Recognition

Pada 1 Januari 2020, Grup menerapkan PSAK On January 1, 2020, the Group has adopted
72, “Pendapatan dari Kontrak dengan PSAK 72, “Revenue from Contracts with
Pelanggan”, yang mensyaratkan pengakuan Customers”, which requires revenue
pendapatan untuk memenuhi 5 (lima) langkah recognition to fulfill 5 (five) steps of assessment
analisis sebagai berikut: as follows:
1. Identifikasi kontrak dengan pelanggan. 1. Identify contract(s) with a customer.
2. Identifikasi kewajiban pelaksanaan dalam 2. Identify the performance obligations in the
kontrak. Kewajiban pelaksanaan contract. Performance obligations are
merupakan janji-janji dalam kontrak untuk promises in a contract to transfer to a
menyerahkan barang atau jasa yang customer goods or services that are
memiliki karakteristik berbeda ke distinct.
pelanggan.
3. Menetapkan harga transaksi, setelah 3. Determine the transaction price, net of
dikurangi diskon, retur, insentif penjualan discounts, returns, sales incentives and
dan pajak pertambahan nilai, yang berhak value added tax, which an entity expects to
diperoleh suatu entitas sebagai be entitled in exchange for transferring the
kompensasi atas diserahkannya barang promised goods or services to a customer.
atau jasa yang dijanjikan di kontrak.
4. Alokasi harga transaksi ke setiap 4. Allocate the transaction price to each
kewajiban pelaksanaan dengan performance obligation on the basis of the
menggunakan dasar harga jual berdiri relative stand-alone selling prices of each
sendiri relatif dari setiap barang atau jasa distinct goods or services promised in the
berbeda yang dijanjikan di kontrak. Ketika contract. When these are not directly
tidak dapat diamati secara langsung, harga observable, the relative standalone selling
jual berdiri sendiri relatif diperkirakan price are estimated based on expected
berdasarkan biaya yang diharapkan cost plus margin.
ditambah marjin.
5. Pengakuan pendapatan ketika kewajiban 5. Recognise revenue when performance
pelaksanaan telah dipenuhi dengan obligation is satisfied by transferring a
menyerahkan barang atau jasa yang promised goods or services to a customer
dijanjikan ke pelanggan (ketika pelanggan (which is when the customer obtains
telah memiliki kendali atas barang atau control of those goods or services).
jasa tersebut).
50

o. Pengakuan Pendapatan dan Beban (lanjutan) o. Revenue and Expense Recognition

(continued)
Untuk penjualan barang, kewajiban For sale of goods, performance obligation is

pelaksanaan umumnya terpenuhi, dan typically satisfied, and revenue is recognized,
pendapatan diakui, pada saat pengendalian when the control of goods has been transferred
atas barang telah berpindah kepada pelanggan to the customer (a point in time).
(pada suatu titik waktu).
Aset kontrak adalah hak untuk mendapatkan A contract asset is the right to consideration in
imbalan dalam pertukaran barang atau jasa exchange for goods or services transferred to
yang dialihkan ke pelanggan. Jika Grup the customer. If the Group performs by
melaksanakan transfer barang atau jasa transferring goods or services to a customer
kepada pelanggan sebelum pelanggan before the customer pays consideration or
membayar imbalan atau sebelum pembayaran before payment is due, a contract asset is
jatuh tempo, aset kontrak diakui untuk imbalan recognized for the earned consideration that is
yang diperoleh yang bersyarat conditional
Piutang merupakan hak Grup atas sejumlah A receivable represents the Group’s right to an
imbalan yang tidak bersyarat (yaitu, hanya amount of consideration that is unconditional
berlalunya waktu yang diperlukan sebelum (i.e., only the passage of time is required before
pembayaran imbalan jatuh tempo). Mengacu payment of the consideration is due). Refer to
pada kebijakan akuntansi aset keuangan dalam accounting policies of financial assets in section
bagian 2u Instrumen keuangan - pengakuan 2u Financial instruments - initial recognition and
awal dan pengukuran selanjutnya. subsequent measurement.
Liabilitas kontrak adalah kewajiban untuk A contract liability is the obligation to transfer
mentransfer barang atau jasa kepada goods or services to a customer for which the
pelanggan dimana Grup telah menerima Group has received consideration (or an amount
imbalan (atau jumlah imbalan yang jatuh of consideration is due) from the customer. If a
tempo) dari pelanggan. Jika pelanggan customer pays consideration before the Group
membayar imbalan sebelum Grup mentransfer transfers goods or services to the customer, a
barang atau jasa kepada pelanggan, liabilitas contract liability is recognized when the payment
kontrak diakui pada saat pembayaran dilakukan is made or the payment is due (whichever is
atau pembayaran jatuh tempo (mana yang lebih earlier). Contract liabilities are recognized as
awal). Liabilitas kontrak diakui sebagai revenue when the Group performs under the
pendapatan pada saat Grup melaksanakan contract.
berdasarkan kontrak.
Efektif sebelum 1 Januari 2020 Effective prior to January 1, 2020
Pendapatan diakui bila besar kemungkinan Revenue is recognized to the extent that it is
manfaat ekonomi akan diperoleh Grup dan probable that the economic benefits will flow to
jumlahnya dapat diukur secara handal tanpa the Group and the revenue can be reliably
memperhitungkan kapan pembayaran measured, regardless of when the payment is
dilakukan. Pendapatan diukur pada nilai wajar being made. Revenue is measured at the fair
pembayaran yang diterima atau piutang, tidak value of the consideration received or
termasuk diskon dan Pajak Pertambahan Nilai receivable, excluding discounts and Value
(“PPN”). Grup mengevaluasi perjanjian Added Tax (“VAT”). The Group assesses its
pendapatannya terhadap kriteria spesifik untuk revenue arrangements against specific criteria
menentukan apakah Grup bertindak sebagai to determine if it is acting as principal or agent.
prinsipal atau agen. Grup menyimpulkan bahwa The Group has concluded that it is acting as
Grup bertindak sebagai prinsipal pada semua principal in all of its revenue arrangement.
perjanjian pendapatannya.
51


(continued)
Efektif sebelum 1 Januari 2020 (lanjutan) Effective prior to January 1, 2020

(continued)
Kriteria spesifik berikut juga harus dipenuhi The following specific recognition criteria must
sebelum pendapatan diakui: also be met before revenue is recognized:
Penjualan Barang Sales of Goods
Pendapatan dari penjualan yang timbul dari Revenue from sales arising from physical
pengiriman fisik produk-produk Grup diakui bila delivery of the Group’s products is recognized
risiko dan manfaat yang signifikan telah at the time when the significant risks and
dipindahkan kepada pembeli, yang pada rewards of ownership of the products have
umumnya terjadi pada saat yang bersamaan passed to the buyer, which time generally
dengan pengiriman dan penerimaan barang. coincides with their delivery and acceptance.
Pendapatan Jasa Revenues from Services
· Pendapatan dari jasa pertambangan dan · Revenues from mining services and rental
penyewaan mesin pembangkit tenaga listrik of power engine are recognized when the
diakui pada saat jasa diberikan. services are rendered.
· Pendapatan dari jasa logistik, jasa · Revenues from logistic services,

penanganan kargo dan kontainer, dan dari container equipment and cargo handling
kegiatan keagenan dan terminal diakui pada services, and from agency and terminal
saat jasa diberikan. activities are recognized when the
services are rendered.
· Pendapatan sewa kapal (time charter) diakui · Time charter revenue is recognized over
selama masa perjanjian sewa kapal. the life of the time charter agreement.
Pendapatan dari jasa pengangkutan batu Revenue from coal affreightment is
bara diakui berdasarkan jumlah muatan recognized based on metric ton
dalam metrik ton. measurement.
· Pendapatan dari penyediaan jasa · Revenues from rendering sea freight

forwarding angkutan laut diakui pada saat forwarding services are recognized when
jasa diberikan. the services are rendered.
· Pendapatan yang dihasilkan dari dan biaya · Revenues from and cost of contracting
yang dikeluarkan untuk aktivitas konstruksi, activities, such as from fabrication work,
seperti kegiatan pabrikasi, diakui are recognized based on the percentage
berdasarkan metode persentase of completion. When it is probable that the
penyelesaian. Jika kemungkinan besar total contract costs will exceed total
terjadi bahwa total biaya kontrak akan contract revenue, the expected loss is
melebihi total pendapatan kontrak, maka recognized as an expense immediately.
taksiran rugi segera diakui sebagai beban.
· Pembayaran diterima untuk bagian jasa · Payments received for the uncompleted
yang belum selesai diakui sebagai portion of services are recognized as
pendapatan diterima di muka dan dicatat unearned revenues and recorded as part
sebagai bagian dari “Uang Muka of “Advances from Customers”.
Pelanggan”.
52


(continued)
Efektif sebelum 1 Januari 2020 (lanjutan) Effective prior to January 1, 2020

(continued)
Kriteria spesifik berikut juga harus dipenuhi The following specific recognition criteria must
sebelum pendapatan diakui: (lanjutan) also be met before revenue is recognized:
(continued)
Pendapatan dan Beban Bunga Interest Income and Expense
Untuk semua instrumen keuangan yang For all financial instruments measured at
disajikan pada biaya perolehan diamortisasi, amortized cost, interest income or expense is
pendapatan atau beban bunga dicatat dengan recorded using the effective interest rate
menggunakan metode suku bunga efektif (“EIR”) method which is the rate that exactly
(“SBE”) yaitu suku bunga yang secara tepat discounts the estimated future cash payments
mendiskontokan estimasi pembayaran atau or receipts through the expected life of the
penerimaan kas di masa datang selama financial instrument or a shorter period, where
perkiraan umur dari instrumen keuangan, atau appropriate, to the net carrying amount of the
jika lebih tepat, digunakan periode yang lebih financial asset or liability.
singkat, sebesar nilai tercatat neto dari aset
keuangan atau liabilitas keuangan.
Beban diakui pada saat terjadinya. Expenses are recognized when incurred.
p. Transaksi dan Penjabaran Mata Uang Asing p. Foreign Currency Transactions and
Translation
Grup mempertimbangkan indikator utama dan The Group considers the primary indicators
indikator lainnya dalam menentukan mata uang and other indicators in determining its
fungsionalnya, jika ada indikator yang tercampur functional currency, if indicators are mixed and
dan mata uang fungsional tidak jelas, the functional currency is not obvious,
manajemen menggunakan penilaian untuk management uses its judgments to determine
menentukan mata uang fungsional yang paling the functional currency that most faithfully
tepat menggambarkan pengaruh ekonomi dari represents the economic effects of the
transaksi, kejadian dan kondisi yang underlying transactions, events and
mendasarinya. conditions.
Untuk tujuan konsolidasi, aset dan liabilitas dari For consolidation purpose, assets and
entitas anak tertentu yang dicatat dalam Rupiah liabilities of certain subsidiaries which are
sebagai mata uang fungsionalnya, dijabarkan ke recorded in Rupiah as the functional currency,
Dolar Amerika Serikat (AS$) dengan are translated into United States dollar (US$)
menggunakan kurs tukar yang berlaku pada using the prevailing exchange rates at such
tanggal laporan posisi keuangan. Akun-akun statement of financial position date. Income
pendapatan dan biaya dijabarkan dengan and expenses accounts are translated using
menggunakan kurs tukar rata-rata periode prevailing average exchange rate for the
tersebut. Selisih kurs yang terjadi disajikan period. Differences arise from such exchange
sebagai bagian dari penghasilan komprehensif rates are presented as part of other
lain. comprehensive income.
53

p. Transaksi dan Penjabaran Mata Uang Asing p. Foreign Currency Transactions and
(lanjutan) Translation (continued)
Transaksi dalam mata uang selain AS$ dicatat Transactions involving other currencies other
ke dalam mata uang AS$ berdasarkan kurs yang than US$ are recorded in US$ at the rates of
berlaku pada saat transaksi dilakukan. Pada exchange prevailing at the time the
tanggal pelaporan, aset dan liabilitas moneter transactions are made. At the reporting date,
dalam mata uang selain AS$ disesuaikan ke monetary assets and liabilities denominated in
dalam AS$ menggunakan kurs tengah Bank currencies other than US$ are adjusted to US$
Indonesia pada tanggal tersebut. Jika ada using the middle rates published by Bank
keuntungan atau kerugian akan dikreditkan atau Indonesia at that date. The resulting gains or
dibebankan di tahun berjalan. losses are credited or charged to current year.
Kurs yang digunakan untuk menjabarkan aset The exchange rates used to translate the
dan liabilitas moneter pada tanggal monetary assets and liabilities as of
31 Desember 2020 dan 2019 adalah sebagai December 31, 2020 and 2019 are as follows:
berikut:
31 Desember 2020/ 31 Desember 2019/

December 31, 2020 December 31, 2019
1 Euro (EUR)/AS$1 1,228650 1,1214006 1 Euro (EUR)/US$1

1 Dolar Australia (AUD)/AS$1 0,763650 0,7006008 1 Australian Dollar (AUD)/US$1
1.000 Rupiah Indonesia (Rp)/AS$1 0,070897 0,0719372 1,000 Indonesian Rupiah (Rp)/US$1
q. Perpajakan q. Taxation
Pajak Final Final Tax
Peraturan perpajakan di Indonesia mengatur Tax regulation in Indonesia determined that

beberapa jenis penghasilan dikenakan pajak certain taxable income is subject to final tax.
yang bersifat final. Pajak final yang dikenakan Final tax applied to the gross value of
atas nilai bruto transaksi tetap dikenakan transactions is applied even when the parties
walaupun atas transaksi tersebut pelaku carrying the transaction are recognizing
transaksi mengalami kerugian. losses.
Perbedaan antara nilai tercatat dari aset The difference between the carrying amount of
revaluasian dan dasar pengenaan pajak a revalued asset and its tax base is a
merupakan perbedaan termporer sehingga temporary difference and gives rise to a
menimbulkan liabilitas atau aset pajak deferred tax liability or asset, except for certain
tangguhan, kecuali untuk aset tertentu seperti asset such as land, which realization is taxed
tanah yang pada saat realisasinya dikenakan with final tax on gross value of transaction.
pajak final yang dikenakan atas nilai bruto
transaksi.
Berdasarkan Peraturan Pemerintah Based on Government Regulation

No. 51 Tahun 2008 tanggal 20 Juli 2008 yang No. 51 Tahun 2008 dated July 20, 2008 which
telah diubah dengan Peraturan Pemerintah was amended by Government Regulation
No. 40 Tahun 2009 tanggal 4 Juni 2009, No. 40 Tahun 2009 dated June 4, 2009,
penghasilan dari jasa konstruksi dikenakan pajak income derived from construction services is
penghasilan final. Peraturan ini berlaku efektif subject to final income tax. This regulation is
tanggal 1 Agustus 2008. effective on August 1, 2008.
54

q. Perpajakan (lanjutan) q. Taxation (continued)
Pajak Final (lanjutan) Final Tax (continued)
Berdasarkan Surat Keputusan Menteri Based on the Decision Letters No.416/

Keuangan Republik Indonesia No. 416/ KMK.04/1996 and No.417/KMK.04/1996
KMK.04/1996 dan No. 417/KMK.04/1996 dated June 14, 1996 of the Ministry of Finance
tanggal 14 Juni 1996 dan Surat Edaran of the Republic of Indonesia and Circular
Direktorat Jenderal Pajak No. 29/PJ.4/1996 Letter No. 29/PJ.4/1996 dated August 13,
tanggal 13 Agustus 1996, pendapatan dari jasa 1996 of the Directorate General of Taxation,
pengangkutan dan sewa kapal yang diterima revenues from freight operations and charter
Wajib Pajak Dalam Negeri dan Wajib Pajak Luar of vessels are subject to final income tax
Negeri dikenakan pajak penghasilan bersifat computed at 1.20% and 2.64% of the revenues
final masing-masing sebesar 1,20% dan 2,64% for domestic and foreign companies,
dari pendapatan, serta biaya sehubungan respectively, and the related costs and
dengan kegiatan di atas tidak dapat dikurangkan expenses are considered non-deductible for
untuk tujuan perhitungan pajak penghasilan. income tax purposes.
Pendapatan entitas anak tertentu dikenakan Certain subsidiaries’ revenues are subject to
pajak bersifat final sebesar 1,20% oleh karena final income tax at 1.20% since those
entitas anak yang bersangkutan merupakan subsidiaries are domestic shipping companies.
perusahaan pelayaran dalam negeri.
Beban pajak kini sehubungan dengan Current tax expense related to income subject
penghasilan yang dikenakan pajak penghasilan to final income tax is recognized in proportion
final diakui proposional dengan jumlah to total income recognized during the current
pendapatan yang diakui pada tahun berjalan year for accounting purposes.
untuk tujuan akuntansi.
Selisih antara pajak penghasilan final yang telah The difference between the final income tax
dibayar dengan beban pajak penghasilan final paid and the final income tax expense for the
pada tahun berjalan diakui sebagai pajak current year is recognized as prepaid tax or tax
dibayar di muka atau utang pajak. payable.
Pajak Kini Current Tax
Aset dan liabilitas pajak kini untuk tahun berjalan Current income tax assets and liabilities for
diukur sebesar jumlah yang diharapkan dapat the current period are measured at the amount
direstitusi dari atau dibayarkan kepada otoritas expected to be recovered from or paid to the
perpajakan. taxation authority.
Beban pajak kini ditentukan berdasarkan laba Current tax expense is determined based on
kena pajak tahun berjalan yang dihitung the taxable profit for the year computed using
berdasarkan tarif pajak yang berlaku. the prevailing tax rates.
Kekurangan/kelebihan pembayaran pajak Underpayment/overpayment of income tax

penghasilan dicatat sebagai bagian dari “Beban are presented as part of “Other Expenses” in
Lainnya” dalam laporan laba rugi dan the consolidated statement of profit or loss
penghasilan komprehensif lain konsolidasian. and other comprehensive income. The Group
Grup juga menyajikan bunga/denda, jika ada, also presented interest/penalty, if any, as part
sebagai bagian dari “Beban Lainnya”. of “Other Expenses”.
55

q. Perpajakan (lanjutan) q. Taxation (continued)
Pajak Kini (lanjutan) Current Tax (continued)
Koreksi terhadap liabilitas perpajakan diakui Amendments to tax obligations are recorded
pada saat surat ketetapan pajak diterima atau, when a tax assessment letter is received or, if
jika diajukan keberatan, pada saat keputusan appealed against, when the result of the
atas keberatan ditetapkan. appeal is determined.
Pajak Tangguhan Deferred Tax
Aset dan liabilitas pajak tangguhan diakui Deferred tax assets and liabilities are
menggunakan metode liabilitas atas recognized using the liability method for the
konsekuensi pajak pada masa mendatang yang future tax consequences attributable to
timbul dari perbedaan jumlah tercatat aset dan differences between the carrying amounts of
liabilitas menurut laporan keuangan dengan existing assets and liabilities in the financial
dasar pengenaan pajak aset dan liabilitas pada statements and their respective tax bases at
setiap tanggal pelaporan. Liabilitas pajak each reporting date. Deferred tax liabilities are
tangguhan diakui untuk semua perbedaan recognized for all taxable temporary
temporer kena pajak dan aset pajak tangguhan differences and deferred tax assets are
diakui untuk perbedaan temporer yang boleh recognized for deductible temporary
dikurangkan dan akumulasi rugi fiskal, differences and accumulated fiscal losses to
sepanjang besar kemungkinan perbedaan the extent that it is probable that taxable profit
temporer yang boleh dikurangkan dan akumulasi will be available in future years against which
rugi fiskal tersebut dapat dimanfaatkan untuk the deductible temporary differences and
mengurangi laba kena pajak pada masa depan. accumulated fiscal losses can be utilized.
Aset dan liabilitas pajak tangguhan disajikan Deferred tax assets and liabilities are offset in
secara saling hapus dalam laporan posisi the consolidated statement of financial
keuangan konsolidasian, kecuali aset dan position, except if they are for different legal
liabilitas pajak tangguhan untuk entitas yang entities, consistent with the presentation of
berbeda, sesuai dengan penyajian aset dan current tax assets and liabilities.
liabilitas pajak kini.
Pajak Pertambahan Nilai (“PPN”) Value Added Tax (“VAT”)
Pendapatan, beban dan aset yang diakui neto Revenues, expenses and assets are
atas jumlah PPN, kecuali: recognized net of the amount of VAT, except:
· Ketika PPN yang terjadi sehubungan · Where the VAT incurred on purchase of
dengan pembelian aset atau jasa tidak assets or services is not recoverable
dapat dikreditkan menurut ketentuan according to tax regulations. In which
perpajakan. Dalam hal ini PPN diakui case the VAT is recognized as the part of
sebagai bagian dari biaya perolehan aset the cost of acquisition of the asset or as
atau sebagai bagian dari item beban yang the part of the related expense item.
bersangkutan.
· Piutang dan utang yang disajikan termasuk · Receivables and payables that are stated
dengan jumlah PPN. with the amount of VAT included.
56

r. Properti Pertambangan r. Mining Properties
Pengeluaran Sebelum Perolehan Izin Pre-license Costs
Pengeluaran yang dilakukan sebelum perolehan Pre-license costs are expensed in the period
izin penambangan dibebankan pada saat in which they are incurred.
terjadinya.
Pengeluaran untuk Eksplorasi dan Evaluasi Exploration and Evaluation Expenditures
Pengeluaran untuk eksplorasi dan evaluasi Exploration and evaluation expenditures are
dikapitalisasi dan diakui sebagai “aset eksplorasi capitalized and recognized as “exploration and
dan evaluasi” untuk setiap daerah evaluation assets” for each area of interest
pengembangan (area of interest) apabila izin when mining rights are obtained and still valid
pertambangan telah diperoleh dan masih and: (i) the costs are expected to be recouped
berlaku dan: (i) biaya tersebut diharapkan dapat through successful development and
diperoleh kembali melalui keberhasilan exploitation of the area of interest, or
pengembangan dan eksploitasi daerah (ii) where activities in the area of interest have
pengembangan, atau (ii) apabila kegiatan not reached the stage that allow a reasonable
tersebut belum mencapai tahap yang assessment of the existence of economically
memungkinkan untuk menentukan adanya recoverable reserves, and active and
cadangan terbukti yang secara ekonomis dapat significant operations in, or in relation to, the
diperoleh, serta kegiatan yang aktif dan area of interest are continuing.
signifikan, dalam daerah pengembangan terkait
masih berlangsung.
Pengeluaran ini meliputi penggunaan bahan These expenditures include materials and fuel
pembantu dan bahan bakar, biaya survei, biaya used, surveying costs, drilling and stripping
pengeboran dan pengupasan tanah sebelum costs before the commencement of production
dimulainya tahap produksi dan pembayaran stage and payments made to contractors.
kepada kontraktor. Setelah pengakuan awal, Exploration and evaluation assets are
aset eksplorasi dan evaluasi dicatat subsequently measured using cost model and
menggunakan model biaya dan diklasifikasikan classified as tangible assets, unless they are
sebagai aset berwujud, kecuali memenuhi syarat qualified to be recognized as intangible asset.
untuk diakui sebagai aset takberwujud.
Pemulihan aset eksplorasi dan evaluasi The ultimate recoupment of deferred

tergantung pada keberhasilan pengembangan exploration expenditure is dependent upon
dan eksploitasi komersial daerah successful development and commercial
pengembangan tersebut. Aset eksplorasi dan exploitation of the related area of interest.
evaluasi diuji untuk penurunan nilai bila fakta dan Exploration and evaluation assets shall be
kondisi mengindikasikan bahwa jumlah assessed for impairment when facts and
tercatatnya mungkin melebihi jumlah circumstances suggest that the carrying
terpulihkannya. Dalam keadaan tersebut, maka amount of the assets may exceed its
entitas harus mengukur, menyajikan dan recoverable amount. In such a case, an entity
mengungkapkan rugi penurunan nilai terkait shall measure, present and disclose any
sesuai dengan PSAK No. 48 (Revisi 2014), resulting impairment loss in accordance with
“Penurunan Nilai Aset”. PSAK No. 48 (Revised 2014), “Impairment of
Assets”.
57

r. Properti Pertambangan (lanjutan) r. Mining Properties (continued)
Pengeluaran untuk Eksplorasi dan Evaluasi Exploration and Evaluation Expenditures

Aset eksplorasi dan evaluasi ditransfer ke Exploration and evaluation assets are
“Tambang dalam Pengembangan” pada akun transferred to “Mines under Construction” in
“Properti Pertambangan” setelah ditetapkan the “Mining Properties” account after the
bahwa tambang memiliki nilai ekonomis untuk mines are determined to be economically
dikembangkan. viable to be developed.
Pengeluaran untuk Tambang dalam Expenditures for Mines under Construction

Pengembangan
Pengeluaran untuk tambang dalam Expenditures for mines under construction

pengembangan dan biaya-biaya lain yang terkait and incorporated costs in developing an area
dengan pengembangan suatu daerah of interest subsequent to the transfer from
pengembangan setelah transfer dari aset exploration and evaluation assets but prior to
eksplorasi dan evaluasi namun sebelum the commencement of production stage in the
dimulainya tahap produksi pada area yang respective area, are capitalized to “Mines
bersangkutan, dikapitalisasi ke “Tambang dalam under Construction” as long as they meet the
Pengembangan” sepanjang memenuhi kriteria capitalization criteria.
kapitalisasi.
Tambang pada Tahap Produksi Producing Mines
Pada saat tambang dalam pengembangan Upon completion of mines under construction
diselesaikan dan tahap produksi dimulai, and the production stage is commenced, the
tambang dalam pengembangan ditransfer ke mines under construction are transferred into
“Tambang pada Tahap Produksi” pada akun “Producing Mines” in the “Mining Properties”
“Properti Pertambangan”, yang dicatat pada nilai account, which are stated at cost, less
perolehan, dikurangi deplesi dan akumulasi rugi depletion and accumulated impairment losses.
penurunan nilai.
Deplesi tambang pada tahap produksi adalah Depletion of producing mines are based on
berdasarkan metode “unit produksi” sejak “unit-of-production” method from the date of
daerah pengembangan tersebut telah commercial production of the respective area
berproduksi secara komersial, selama periode of interest over the lesser of the life of the mine
waktu yang lebih pendek antara umur tambang and the remaining terms of IUP.
dan sisa berlakunya IUP.
Aktivitas Pengupasan Tanah Stripping Activities
Grup menerapkan ISAK No. 29, “Biaya The Group applied ISAK No. 29, “Stripping
Pengupasan Lapisan Tanah Tahap Produksi Costs in the Production Phase of a Surface
pada Pertambangan Terbuka”, yang mengatur Mining”, which prescribes the accounting for
akuntansi biaya pemindahan material yang costs of waste removal incurred in the
timbul dalam aktivitas penambangan terbuka production phase of a surface mines.
selama tahap produksi.
58

Aktivitas Pengupasan Tanah (lanjutan) Stripping Activities (continued)
Biaya pengupasan tanah pada tahap produksi Stripping costs in the production phase are
dapat dikapitalisasi dalam aset aktivitas capitalized as stripping activity asset where all
pengupasan lapisan tanah apabila memenuhi of the following criteria are met:
semua kriteria berikut:
a) besar kemungkinan bahwa manfaat a) it is probable that the future economic

ekonomi masa depan (peningkatan akses benefit (improved access to the coal
menuju lapisan batubara) yang terkait seam) associated with the stripping
dengan aktivitas pengupasan lapisan activity will flow to the Group;
tanah akan mengalir kepada Grup;
b) Grup dapat mengidentifikasi komponen b) the Group can identify the component of
lapisan batubara yang aksesnya telah the coal seam for which access has been
ditingkatkan; dan improved; and
c) biaya yang terkait dengan aktivitas c) the costs relating to the stripping activity
pengupasan lapisan tanah dengan associated with that component can be
komponen tersebut dapat diukur secara measured reliably.
andal.
Aset aktivitas pengupasan lapisan tanah pada The stripping activity asset should be initially
awalnya diukur pada biaya perolehan, biaya ini measured at cost, those costs directly incurred
merupakan biaya-biaya yang secara langsung to perform the stripping activity that improve
terjadi untuk melakukan aktivitas pengupasan access to the identified component of coal,
lapisan tanah yang meningkatkan akses plus an allocation of directly attributable
terhadap komponen batubara yang overhead costs.
teridentifikasi, ditambah alokasi biaya overhead
yang dapat diatribusikan secara langsung.
Setelah pengakuan awal, aset tersebut After initial recognition, the asset is
disusutkan atau diamortisasi menggunakan depreciated or amortized on a systematic
dasar yang sistematis, selama masa manfaat basis, over the expected useful life of the
yang diharapkan dari komponen mineral yang identified component of the coal seam that
teridentifikasi yang menjadi lebih mudah diakses becomes more accessible as a result of the
sebagai akibat dari aktivitas pengupasan lapisan stripping activity.
tanah.
Perubahan atas estimasi teknis dan/atau Changes in the estimated technical and/or
parameter ekonomi lain yang mempengaruhi other economic parameters that impact coal
cadangan batubara akan mempengaruhi reserves will also have an impact upon
kapitalisasi dan amortisasi lanjutan dari biaya capitalization and subsequent amortization of
pengupasan lapisan tanah. Perubahan estimasi the deferred stripping costs. These changes in
ini akan diperlakukan prospektif sejak tanggal estimates are accounted for prospectively from
perubahan. the date of change.
59

Properti Pertambangan dari Kombinasi Bisnis Mining Properties from Business Combination
Properti pertambangan merupakan penyesuaian Mining properties represent the fair value
nilai wajar properti pertambangan yang adjustment of mining properties acquired at
diperoleh pada tanggal akuisisi dan dinyatakan the date of acquisition and are stated at cost.
sebesar harga perolehan. Properti Mining properties are amortized over the life of
pertambangan diamortisasi selama umur the property using “unit-of-production” method
manfaat properti dengan menggunakan metode from the date of the acquisition based on
“unit produksi” sejak tanggal akuisisi estimated reserves. The useful life of mining
berdasarkan basis estimasi cadangan. Umur properties pertaining to contractual rights is not
manfaat properti pertambangan yang timbul dari longer than the validity period of such rights,
hak kontraktual tidak lebih lama dari masa hak except if the contractual rights can be renewed
kontraktual tersebut, kecuali jika hak kontraktual upon expiration without incurring significant
dapat diperbarui dengan tidak menimbulkan costs for such renewal. Changes in estimated
biaya yang signifikan. Perubahan dalam reserves are accounted for on a prospective
estimasi cadangan dilakukan secara prospektif, basis, from the beginning of the period in which
dimulai sejak awal periode terjadinya the change occurs.
perubahan.
Aset takberwujud diperoleh dari kombinasi bisnis Intangible assets acquired in a business
dan diakui terpisah dari goodwill dicatat sebesar combination and recognized separately from
nilai wajar pada tanggal akuisisi. goodwill are initially recognized at their fair
value at the acquisition date.
Grup mengakui pajak tangguhan yang timbul The Group recognizes the deferred tax arising
dari properti pertambangan. from mining properties.
s. Provisi s. Provisions
Provisi diakui jika Grup memiliki kewajiban kini Provisions are recognized when the Group
(baik bersifat hukum maupun bersifat konstruktif) has a present obligation (legal or constructive)
jika, sebagai akibat peristiwa masa lalu, besar where, as a result of a past event, it is probable
kemungkinan penyelesaian kewajiban tersebut that an outflow of resources embodying
mengakibatkan arus keluar sumber daya yang economic benefits will be required to settle the
mengandung manfaat ekonomi dan estimasi obligation and a reliable estimate can be made
yang andal mengenai jumlah kewajiban tersebut of the amount of the obligation.
dapat dibuat.
Provisi ditelaah pada setiap tanggal pelaporan Provisions are reviewed at each reporting date
dan disesuaikan untuk mencerminkan estimasi and adjusted to reflect the current best
terbaik yang paling kini. Jika kemungkinan besar estimate. If it is no longer probable that an
tidak terjadi arus keluar sumber daya yang outflow of resources embodying economic
mengandung manfaat ekonomi untuk benefits will be required to settle the
menyelesaikan liabilitas tersebut, maka provisi obligation, the provision is reversed.
dibatalkan.
Provisi untuk biaya pembongkaran aset Provision for asset dismantling costs is
diestimasi berdasarkan beberapa asumsi dan estimated based on certain assumptions and
disajikan pada nilai wajar sesuai dengan tingkat carried at fair value based on applicable
diskonto yang berlaku. discount rates.
60

s. Provisi (lanjutan) s. Provisions (continued)
Restorasi, rehabilitasi dan pengeluaran Restoration, rehabilitation, and other

lingkungan lainnya yang timbul selama tahap environmental expenditures incurred during
produksi dibebankan sebagai bagian dari biaya the production phase of operations are
produksi. charged as part of the cost of production.
Grup memiliki kewajiban tertentu untuk The Group has certain obligations to restore
memulihkan dan merehabilitasi daerah and rehabilitate mining areas following the
pertambangan setelah selesai produksi. completion of production. Such obligations are
Kewajiban tersebut diakru menggunakan being accrued using the “unit-of-production”
metode “unit produksi” sepanjang umur tambang method over the life of the mine so that the
sehingga akrual tersebut akan cukup untuk accrual will be adequate to meet those
memenuhi kewajiban ketika produksi dari obligations once production from the resource
sumber daya selesai. Perubahan dalam estimasi is completed. Changes in estimated
biaya restorasi dan lingkungan yang harus restoration and environmental costs to be
dibayarkan dicatat secara prospektif selama sisa incurred are accounted for on a prospective
umur tambang. basis over the remaining life of the mine.
t. Liabilitas Imbalan Kerja Jangka Panjang t. Long-term Employee Benefits Liability
Imbalan kerja jangka panjang Grup meliputi: Long-term employee benefits of the Group
comprise the following:
Program Pensiun Iuran Pasti Defined Contribution Pension Plan
Perusahaan dan entitas anak tertentu The Company and certain subsidiaries have a
menyelenggarakan program pensiun iuran pasti defined contribution pension plan for all of their
untuk semua karyawan tetap yang memenuhi eligible permanent employees.
syarat.
Kontribusi program pensiun iuran pasti diakui Contributions for the defined contribution
sebagai beban pada usaha tahun berjalan. pension plan are charged to current year
operations.
Program Pensiun Manfaat Pasti, Undang- Defined Benefit Pension Plan, Labor Law
Undang Ketenagakerjaan No. 13/2003 dan No. 13/2003 and Other Post-employment
Imbalan Pasca-kerja Lainnya Benefits
Grup menyelenggarakan program manfaat pasti The Group has a defined benefit pension plan
(dana pensiun) untuk seluruh karyawan tetap covering substantially all of its eligible
yang memenuhi syarat dan liabilitas imbalan employees and an unfunded liability for
kerja karyawan yang tidak didanai menurut employee benefits in accordance with Labor
Undang-Undang Ketenagakerjaan No. 13/2003 Law No. 13/2003 dated March 25, 2003
tanggal 25 Maret 2003 (“UU No. 13”). (the “Law No. 13”).
61

t. Liabilitas Imbalan Kerja Jangka Panjang t. Long-term Employee Benefits Liability

Program Pensiun Manfaat Pasti, Undang- Defined Benefit Pension Plan, Labor Law
Undang Ketenagakerjaan No. 13/2003 dan No. 13/2003 and Other Post-employment
Imbalan Pasca-kerja Lainnya (lanjutan) Benefits (continued)
Penyisihan berdasarkan UU No. 13 telah The provision for the Law No. 13 has been
dihitung dengan membandingkan manfaat yang calculated by comparing the benefit that will be
akan diterima oleh karyawan pada umur wajar received by an employee at normal pension
pensiun dari dana pensiun dengan manfaat yang age from the Pension Plan with the benefit as
diatur dalam UU No. 13 setelah dikurangi stipulated under the Law No. 13 after
akumulasi kontribusi dari karyawan dan hasil deduction of accumulated employee
investasi yang berkaitan. Jika manfaat dana contributions and the related investment
pensiun yang didanai pemberi kerja lebih kecil results. If the employer-funded portion of the
dari manfaat sesuai UU No. 13, Grup akan Pension Plan benefit is less than the benefit as
menyediakan kekurangannya. required by the Law No. 13, the Group will
provide for such shortage.
Grup juga memberikan imbalan kerja jangka The Group also provides long-term employee
panjang selain pensiun berupa jubile yang tidak benefits other than pension named unfunded
didanai. jubile.
Pesangon Pemutusan Kontrak Kerja Termination Benefits
Pesangon pemutusan kontrak terutang ketika Termination benefits are payable whenever an
karyawan dihentikan kontrak kerjanya sebelum employee’s employment is terminated before
usia pensiun normal. Grup mengakui pesangon the normal retirement date. The Group
pemutusan kontrak kerja ketika Grup recognizes termination benefits when it is
menunjukkan komitmennya untuk demonstrably committed to terminate the
memberhentikan kontrak kerja dengan karyawan employment of current employees according
berdasarkan suatu rencana formal terperinci to a detailed formal plan with a low possibility
yang kecil kemungkinan untuk dibatalkan. of withdrawal.
u. Instrumen Keuangan u. Financial Instruments
Instrumen keuangan adalah setiap kontrak yang A financial instrument is any contract that
memberikan aset keuangan bagi satu entitas gives rise to a financial asset of one entity and
dan liabilitas keuangan atau ekuitas bagi entitas a financial liability or equity instrument of
lain. another entity.
Berlaku efektif mulai 1 Januari 2020 Effective beginning January 1, 2020
Aset keuangan Financial Assets
Pengakuan dan Pengukuran Awal Initial Recognition and Measurement
Aset keuangan diklasifikasikan, pada Financial assets are classified, at initial

pengakuan awal, yang selanjutnya diukur pada recognition, as subsequently measured at
biaya perolehan diamortisasi, nilai wajar melalui amortized cost, fair value through other
pendapatan komprehensif lain (OCI), dan nilai comprehensive income (OCI), and fair value
wajar melalui laba rugi. through profit or loss.
62

u. Instrumen Keuangan u. Financial Instruments
Aset keuangan (lanjutan) Financial Assets (continued)
Pengakuan dan Pengukuran Awal (lanjutan) Initial Recognition and Measurement

(continued)
Klasifikasi aset keuangan pada pengakuan awal The classification of financial assets at initial
tergantung pada karakteristik arus kas recognition depends on the financial asset’s
kontraktual aset keuangan dan model bisnis contractual cash flow characteristics and the
Grup untuk mengelolanya. Dengan Group’s business model for managing them.
pengecualian piutang usaha yang tidak With the exception of trade receivables that do
mengandung komponen pembiayaan yang not contain a significant financing component
signifikan atau yang mana Grup telah or for which the Group has applied the
menerapkan kebijaksanaan praktisnya, Grup practical expedient, the Group initially
pada awalnya mengukur aset keuangan pada measures a financial asset at its fair value
nilai wajarnya ditambah, dalam hal aset plus, in the case of a financial asset not at fair
keuangan tidak diukur pada nilai wajar melalui value through profit or loss, transaction costs.
laba rugi, biaya transaksi. Piutang usaha yang Trade receivables that do not contain a
tidak mengandung komponen pembiayaan yang significant financing component or for which
signifikan atau yang mana Grup telah the Group has applied the practical expedient
menerapkan kebijaksanaan praktis diukur pada are measured at the transaction price
harga transaksi yang ditentukan berdasarkan determined under PSAK 72.
PSAK 72.
Agar aset keuangan diklasifikasikan dan diukur In order for a financial asset to be classified
pada biaya perolehan diamortisasi atau nilai and measured at amortised cost or fair value
wajar melalui OCI, aset keuangan harus through OCI, it needs to give rise to cash flows
menghasilkan arus kas yang 'semata-mata that are ‘solely payments of principal and
pembayaran pokok dan bunga (SPPI)' dari interest (SPPI)’ on the principal amount
jumlah pokok terutang. Penilaian ini disebut outstanding. This assessment is referred to as
sebagai tes SPPI dan dilakukan pada tingkat the SPPI test and is performed at an
instrumen. instrument level.
Model bisnis Grup untuk mengelola aset The Group’s business model for managing
keuangan mengacu pada bagaimana Grup financial assets refers to how it manages its
mengelola aset keuangannya untuk financial assets in order to generate cash
menghasilkan arus kas. Model bisnis flows. The business model determines
menentukan apakah arus kas akan dihasilkan whether cash flows will result from collecting
dari pengumpulan arus kas kontraktual, contractual cash flows, selling the financial
penjualan aset keuangan, atau keduanya assets, or both.
Pembelian atau penjualan aset keuangan yang Purchases or sales of financial assets that
memerlukan penyerahan aset dalam jangka require delivery of assets within a time frame
waktu yang ditetapkan oleh regulasi atau established by regulation or convention in the
konvensi di pasar (perdagangan reguler) diakui market place (regular way trades) are
pada tanggal perdagangan, yaitu tanggal Grup recognized on the trade date, i.e., the date that
berkomitmen untuk membeli atau menjual aset. the Group commits to purchase or sell the
asset.
63

u. Instrumen Keuangan (lanjutan) u. Financial Instruments (continued)
Pengukuran Selanjutnya Subsequent Measurement
Untuk tujuan pengukuran selanjutnya, aset For purposes of subsequent measurement,

keuangan diklasifikasikan dalam empat kategori: financial assets are classified in four
categories:
• Aset keuangan pada biaya perolehan • Financial assets at amortized cost (debt
diamortisasi (instrumen utang) instruments)
• Aset keuangan pada nilai wajar melalui OCI • Financial assets at fair value through OCI
dengan daur ulang keuntungan dan with recycling of cumulative gains and
kerugian kumulatif (instrumen utang) losses (debt instruments)
• Aset keuangan yang ditetapkan pada nilai • Financial assets designated at fair value
wajar melalui OCI tanpa daur ulang through OCI with no recycling of
keuntungan dan kerugian kumulatif setelah cumulative gains and losses upon
penghentian pengakuan (instrumen derecognition (equity instruments)
ekuitas)
• Aset keuangan pada nilai wajar melalui laba • Financial assets at fair value through
rugi profit or loss
Grup hanya memiliki aset keuangan pada biaya Group only have financial assets at amortized
perolehan diamortisasi (instrumen utang) dan cost (debt instruments) and financial assets
aset keuangan yang ditetapkan pada nilai wajar designated at fair value through OCI with no
melalui OCI tanpa daur ulang keuntungan dan recycling of cumulative gains and losses upon
kerugian kumulatif setelah penghentian derecognition (equity instruments).
pengakuan (instrumen ekuitas).
Aset keuangan pada biaya perolehan Financial assets at amortized cost (debt
diamortisasi (instrumen utang) instruments)
Kategori ini adalah yang paling relevan dengan This category is the most relevant to the
Grup. Grup mengukur aset keuangan yang Group. The Group measures financial assets
diukur dengan biaya perolehan diamortisasi jika at amortised cost if both of the following
kedua kondisi berikut terpenuhi: conditions are met:
• Aset keuangan dimiliki dalam model bisnis • The financial asset is held within a
dengan tujuan untuk memiliki aset business model with the objective to hold
keuangan untuk mengumpulkan arus kas financial assets in order to collect
kontraktual; dan contractual cash flows; and
• Persyaratan kontraktual dari aset keuangan • The contractual terms of the financial
menimbulkan arus kas pada tanggal asset give rise on specified dates to cash
tertentu yang hanya merupakan flows that are solely payments of principal
pembayaran pokok dan bunga dari jumlah and interest on the principal amount
pokok terutang. outstanding.
64

Aset keuangan pada biaya perolehan Financial assets at amortized cost (debt
diamortisasi (instrumen utang) (lanjutan) instruments) (continued)
Aset keuangan yang diukur dengan biaya Financial assets at amortized cost are
perolehan diamortisasi selanjutnya diukur subsequently measured using the effective
dengan menggunakan metode suku bunga interest (EIR) method and are subject to
efektif (SBE) dan mengalami penurunan nilai. impairment. Gains and losses are recognized
Keuntungan dan kerugian diakui dalam laba rugi in profit or loss when the asset is
pada saat aset dihentikan pengakuannya, derecognized, modified or impaired.
dimodifikasi atau rusak.
Aset keuangan Grup pada biaya perolehan The Group’s financial assets at amortized cost
diamortisasi termasuk kas dan setara kas, aset includes are cash and cash equivalents, other
keuangan lancar lainnya, piutang usaha, piutang current financial assets, trade receivables, non-
non-usaha, aset lancar lainnya tertentu, piutang trade receivables, certain other current assets,
usaha jangka panjang - pihak ketiga, piutang long-term trade receivables - third parties, long-
non-usaha jangka panjang dan aset tidak lancar term non-trade receivables and certain other
lainnya tertentu. non-current assets.
Aset keuangan yang ditetapkan pada nilai Financial assets designated at fair value
wajar melalui OCI (instrumen ekuitas) through OCI (equity instruments)
Setelah pengakuan awal, Grup dapat memilih Upon initial recognition, the Group can elect to
untuk mengklasifikasikan investasi ekuitasnya classify irrevocably its equity investments as
yang tidak dapat ditarik kembali sebagai equity instruments designated at fair value
instrumen ekuitas yang ditetapkan pada nilai through OCI when they meet the definition of
wajar melalui OCI jika definisi ekuitas equity under PSAK 50: Financial Instruments:
berdasarkan PSAK 50: Instrumen Keuangan: Presentation and are not held for trading. The
Penyajian dan tidak dimiliki untuk classification is determined on an instrument-
diperdagangkan memenuhi definisi tersebut. by-instrument basis.
Klasifikasi ditentukan berdasarkan instrumen
per instrumen.
Keuntungan dan kerugian dari aset keuangan ini Gains and losses on these financial assets are
tidak pernah didaur ulang ke laba rugi. Dividen never recycled to profit or loss. Dividends are
diakui sebagai pendapatan lain-lain dalam recognized as other income in the statement of
laporan laba rugi pada saat hak pembayaran profit or loss when the right of payment has
telah ditetapkan, kecuali jika Grup mendapatkan been established, except when the Group
keuntungan dari hasil tersebut sebagai benefits from such proceeds as a recovery of
pemulihan sebagian biaya perolehan aset part of the cost of the financial asset, in which
keuangan, dalam hal ini, keuntungan tersebut case, such gains are recorded in OCI. Equity
adalah tercatat di OCI. Instrumen ekuitas yang instruments designated at fair value through
ditetapkan pada nilai wajar melalui OCI tidak OCI are not subject to impairment assessment.
tunduk pada penilaian penurunan nilai.
Grup memilih untuk mengklasifikasikan investasi The Group elected to classify irrevocably its
ekuitas yang tidak terdaftar dalam kategori ini non-listed equity investments under this
yang tidak dapat ditarik kembali. category.
Aset keuangan Grup yang ditetapkan pada nilai The Group Financial assets designated at fair
wajar melalui OCI (instrumen ekuitas) adalah value through OCI (equity instruments) is
investasi dalam saham. investment in shares.
65

Penghentian pengakuan Derecognition
Aset keuangan (atau, jika berlaku, bagian dari A financial asset (or, where applicable, a part
aset keuangan atau bagian dari kelompok aset of a financial asset or part of a group of similar
keuangan serupa) terutama dihentikan financial assets) is primarily derecognized (i.e.,
pengakuannya (yaitu, dihapus dari laporan removed from the Group’s consolidated
posisi keuangan konsolidasian Grup) ketika: statement of financial position) when:
• Hak untuk menerima arus kas dari aset • The rights to receive cash flows from the
telah kedaluwarsa; atau asset have expired; or
• Grup telah mengalihkan haknya untuk • The Group has transferred its rights to
menerima arus kas dari aset atau telah receive cash flows from the asset or has
mengasumsikan kewajiban untuk assumed an obligation to pay the
membayar arus kas yang diterima secara received cash flows in full without material
penuh tanpa penundaan material kepada delay to a third party under a ‘pass-
pihak ketiga berdasarkan pengaturan 'pass- through’ arrangement; and either (a) the
through'; dan salah satu (a) Grup telah Group has transferred substantially all the
mengalihkan secara substansial semua risks and rewards of the asset, or (b) the
risiko dan manfaat aset, atau (b) Grup tidak Group has neither transferred nor
mengalihkan atau memiliki secara retained substantially all the risks and
substansial seluruh risiko dan manfaat aset, rewards of the asset, but has transferred
tetapi telah mengalihkan pengendalian control of the asset.
aset.
Ketika Grup telah mengalihkan haknya untuk When the Group has transferred its rights to
menerima arus kas dari aset atau telah receive cash flows from an asset or has
menandatangani perjanjian pass-through, Grup entered into a pass-through arrangement, it
mengevaluasi apakah, dan sejauh mana, telah evaluates if, and to what extent, it has retained
mempertahankan risiko dan manfaat the risks and rewards of ownership. When it
kepemilikan. Ketika Grup tidak mengalihkan has neither transferred nor retained
atau mempertahankan secara substansial substantially all of the risks and rewards of the
seluruh risiko dan manfaat dari aset, atau asset, nor transferred control of the asset, the
mengalihkan pengendalian atas aset, Grup terus Group continues to recognize the transferred
mengakui aset yang ditransfer tersebut sejauh asset to the extent of its continuing
keterlibatannya secara berkelanjutan. Dalam involvement. In that case, the Group also
kasus tersebut, Grup juga mengakui liabilitas recognizes an associated liability. The
terkait. Aset alihan dan liabilitas terkait diukur transferred asset and the associated liability
atas dasar yang mencerminkan hak dan are measured on a basis that reflects the rights
kewajiban yang dimiliki Grup. and obligations that the Group has retained.
Keterlibatan berkelanjutan dalam bentuk Continuing involvement that takes the form of a
jaminan atas aset yang ditransfer diukur pada guarantee over the transferred asset is
nilai yang lebih rendah dari nilai tercatat asli aset measured at the lower of the original carrying
dan jumlah maksimum imbalan yang mungkin amount of the asset and the maximum amount
diminta untuk dibayar kembali oleh Grup. of consideration that the Group could be
required to repay.
66

Penurunan nilai aset keuangan Impairment of financial assets

Grup mengakui penyisihan kerugian kredit The Group recognizes an allowance for
ekspektasian (ECL) untuk semua instrumen expected credit losses (ECLs) for all debt
utang yang tidak dimiliki pada nilai wajar melalui instruments not held at fair value through profit
laba rugi. ECL didasarkan pada perbedaan or loss. ECLs are based on the difference
antara arus kas kontraktual yang jatuh tempo between the contractual cash flows due in
sesuai dengan kontrak dan semua arus kas accordance with the contract and all the cash
yang diharapkan akan diterima Grup, flows that the Group expects to receive,
didiskontokan dengan perkiraan suku bunga discounted at an approximation of the original
efektif awal. Arus kas yang diharapkan akan effective interest rate. The expected cash flows
mencakup arus kas dari penjualan agunan yang will include cash flows from the sale of
dimiliki atau peningkatan kredit lainnya yang collateral held or other credit enhancements
merupakan bagian integral dari persyaratan that are integral to the contractual terms.
kontraktual.
ECL dikenali dalam dua tahap. Untuk eksposur ECLs are recognized in two stages. For credit
kredit yang belum ada peningkatan risiko kredit exposures for which there has not been a
yang signifikan sejak pengakuan awal, ECL significant increase in credit risk since initial
disediakan untuk kerugian kredit yang recognition, ECLs are provided for credit losses
diakibatkan oleh peristiwa gagal bayar yang that result from default events that are possible
mungkin terjadi dalam 12 bulan ke depan (ECL within the next 12-months (a 12-month ECL).
12 bulan). Untuk eksposur kredit yang telah For those credit exposures for which there has
terjadi peningkatan risiko kredit yang signifikan been a significant increase in credit risk since
sejak pengakuan awal, penyisihan kerugian initial recognition, a loss allowance is required
diperlukan untuk kerugian kredit yang for credit losses expected over the remaining
diperkirakan selama sisa umur eksposur, life of the exposure, irrespective of the timing of
terlepas dari waktu default (ECL seumur hidup). the default (a lifetime ECL).
Untuk piutang usaha dan piutang non-usaha, For trade receivables and non-trade
Grup menerapkan pendekatan yang receivables, the Group applies a simplified
disederhanakan dalam menghitung ECL. Oleh approach in calculating ECLs. Therefore, the
karena itu, Grup tidak melacak perubahan dalam Group does not track changes in credit risk, but
risiko kredit, tetapi mengakui penyisihan instead recognizes a loss allowance based on
kerugian berdasarkan ECL seumur hidup pada lifetime ECLs at each reporting date. The
setiap tanggal pelaporan. Grup telah Group has established a provision matrix that
menetapkan matriks provisi berdasarkan is based on its historical credit loss experience,
pengalaman kerugian kredit historisnya, yang adjusted for forward-looking factors specific to
disesuaikan dengan faktor-faktor perkiraan the debtors and the economic environment.
masa depan yang spesifik untuk debitur dan
lingkungan ekonomi.
Grup menganggap aset keuangan gagal bayar The Group considers a financial asset in
ketika pembayaran kontraktual telah lewat 90 default when contractual payments are 90 days
hari. Namun, dalam kasus tertentu, Grup juga past due. However, in certain cases, the Group
dapat mempertimbangkan aset keuangan may also consider a financial asset to be in
mengalami gagal bayar ketika informasi internal default when internal or external information
atau eksternal menunjukkan bahwa Grup tidak indicates that the Group is unlikely to receive
mungkin menerima jumlah kontraktual yang the outstanding contractual amounts in full
terutang secara penuh sebelum before taking into account any credit
memperhitungkan setiap peningkatan kredit enhancements held by the Group. A financial
yang dimiliki oleh Grup. Aset keuangan asset is written off when there is no reasonable
dihapuskan jika tidak ada ekspektasi yang wajar expectation of recovering the contractual cash
untuk memulihkan arus kas kontraktual. flows.
67

Kewajiban Keuangan Financial Liabilities
Pengakuan dan Pengukuran Awal Initial Recognition and Measurement
Liabilitas keuangan diklasifikasikan, pada Financial liabilities are classified, at initial

pengakuan awal, sebagai liabilitas keuangan recognition, as financial liabilities at fair value
yang diukur pada nilai wajar melalui laba rugi, through profit or loss, loans and borrowings,
utang dan pinjaman, utang, atau derivatif yang payables, or as derivatives designated as
ditetapkan sebagai instrumen lindung nilai dalam hedging instruments in an effective hedge, as
lindung nilai yang efektif, jika sesuai. appropriate.
Semua liabilitas keuangan pada awalnya diakui All financial liabilities are recognized initially at
pada nilai wajar dan, untuk utang dan pinjaman fair value and, in the case of loans and
dan utang usaha, setelah dikurangi biaya borrowings and payables, net of directly
transaksi yang dapat diatribusikan secara attributable transaction costs.
langsung.
Liabilitas keuangan Grup meliputi utang bank The Group’s financial liabilities include short-
jangka pendek, utang usaha, utang non-usaha, term bank loans, trade payables, non-trade
beban akrual, liabilitas imbalan kerja jangka payables, accrued expenses, short-term
pendek, utang obligasi dan liabilitas sewa. employee benefits liability, bonds payable and
lease liabilities.
Pengukuran Selanjutnya Subsequent Measurement
Pengukuran liabilitas keuangan bergantung The measurement of financial liabilities

pada klasifikasinya, seperti yang dijelaskan di depends on their classification, as described
bawah ini: below:
Liabilitas keuangan yang ditetapkan pada Financial liabilities designated upon initial
pengakuan awal pada nilai wajar melalui laba recognition at fair value through profit or loss
rugi ditetapkan pada tanggal awal pengakuan, are designated at the initial date of recognition,
dan hanya jika kriteria dalam PSAK 71 and only if the criteria in PSAK 71 are satisfied.
terpenuhi. Grup tidak menetapkan liabilitas The Group has not designated any financial
keuangan apa pun yang diukur pada nilai wajar liability as at fair value through profit or loss.
melalui laba rugi.
68

Kewajiban Keuangan (lanjutan) Financial Liabilities (continued)
Utang dan pinjaman Loans and borrowings
Ini adalah kategori yang paling relevan dengan This is the category most relevant to the Group.
Grup. Setelah pengakuan awal, utang dan After initial recognition, interest-bearing loans
pinjaman yang dikenakan bunga selanjutnya and borrowings are subsequently measured at
diukur pada biaya perolehan diamortisasi amortiszd cost using the EIR method. Gains
dengan menggunakan metode SBE. and losses are recognized in profit or loss when
Keuntungan dan kerugian diakui dalam laba rugi the liabilities are derecognized as well as
pada saat kewajiban dihentikan pengakuannya through the EIR amortization process.
serta melalui proses amortisasi SBE.
Biaya perolehan diamortisasi dihitung dengan Amortized cost is calculated by taking into
mempertimbangkan diskonto atau premi atas account any discount or premium on
akuisisi dan biaya atau biaya yang merupakan acquisition and fees or costs that are an
bagian tidak terpisahkan dari SBE. Amortisasi integral part of the EIR. The EIR amortization is
SBE dicatat sebagai beban keuangan dalam included as finance costs in the consolidated
laporan laba rugi dan penghasilan komprehensif statement of profit or loss and other
lain konsolidasian.. comprehensive income.
Penghentian pengakuan Derecognition
Liabilitas keuangan dihentikan pengakuannya A financial liability is derecognized when the

ketika liabilitas tersebut dilepaskan atau obligation under the liability is discharged or
dibatalkan atau kadaluwarsa. Ketika kewajiban cancelled or expires. When an existing
keuangan yang ada digantikan oleh yang lain financial liability is replaced by another from the
dari pemberi pinjaman yang sama dengan same lender on substantially different terms, or
persyaratan yang secara substansial berbeda, the terms of an existing liability are
atau persyaratan dari kewajiban yang ada substantially modified, such an exchange or
secara substansial dimodifikasi, pertukaran atau modification is treated as the derecognition of
modifikasi tersebut diperlakukan sebagai the original liability and the recognition of a new
penghentian pengakuan kewajiban awal dan liability. The difference in the respective
pengakuan kewajiban baru. Selisih nilai tercatat carrying amounts is recognized in the
masing-masing diakui pada laporan laba rugi consolidated statement of profit or loss and
dan penghasilan komprehensif lain other comprehensive income.
konsolidasian.
Saling Hapus Instrumen Keuangan Offsetting of financial instruments
Aset keuangan dan liabilitas keuangan saling Financial assets and financial liabilities are
hapus dan jumlah neto dilaporkan dalam laporan offset and the net amount is reported in the
posisi keuangan konsolidasian jika terdapat hak consolidated statement of financial position if
hukum yang dapat diberlakukan saat ini untuk there is a currently enforceable legal right to
mengimbangi jumlah yang diakui dan ada niat offset the recognized amounts and there is an
untuk menyelesaikan secara neto, untuk intention to settle on a net basis, to realize the
merealisasikan aset dan menyelesaikan assets and settle the liabilities simultaneously.
kewajiban secara bersamaan.
69

PSAK No. 50 (Revisi 2014), “Instrumen PSAK No. 50 (Revised 2014), “Financial
Keuangan: Penyajian”, mengatur lebih dalam Instruments: Presentation”, provides deeper
kriteria mengenai hak yang dapat dipaksakan criterion on legally enforceable right to set off
secara hukum untuk melakukan saling hapus the recognized amounts and criterion to settle
atas jumlah yang telah diakui dan kriteria on a net basis.
penyelesaian secara neto.
PSAK No. 55 (Revisi 2014), “Instrumen PSAK No. 55 (Revised 2014), “Financial
Keuangan: Pengakuan dan Pengukuran”, antara Instruments: Recognition and Measurement”,
lain, menambah pengaturan kriteria instrumen among others, provides additional provision
lindung nilai yang tidak dapat dianggap telah for the criteria of non-expiration or non-
kadaluarsa atau telah dihentikan, serta termination of hedging instrument, and
ketentuan untuk mencatat instrumen keuangan provision to account financial instruments at
pada tanggal pengukuran dan pada tanggal the measurement date and after initial
setelah pengakuan awal. recognition.
PSAK No. 60 (2014), “Instrumen Keuangan: PSAK No. 60 (2014), “Financial Instruments:
Pengungkapan”, antara lain, menambah Disclosures”, among others, provides
pengaturan pengungkapan saling hapus dengan additional provision on offsetting disclosures
informasi kuantitatif dan kualitatif, serta with quantitative and qualitative information,
pengungkapan mengenai pengalihan instrumen and disclosures on transfers of financial
keuangan. instruments.
i. Aset Keuangan i. Financial Assets
Pengakuan Awal Initial Recognition
Aset keuangan diklasifikasikan sebagai aset Financial assets are classified as financial
keuangan yang dinilai pada nilai wajar assets at fair value through profit or loss,
melalui laba atau rugi, pinjaman yang loans and receivables, held-to-maturity
diberikan dan piutang, investasi dimiliki investments and available-for-sale
hingga jatuh tempo dan aset keuangan financial assets.
tersedia untuk dijual.
Aset keuangan Grup adalah kas dan setara The Group’s financial assets are cash and
kas, aset keuangan lancar lainnya, piutang cash equivalents, other current financial
usaha, piutang non-usaha, aset lancar assets, trade receivables, non-trade
lainnya tertentu, piutang usaha jangka receivables, certain other current assets,
panjang - pihak ketiga, piutang non-usaha long-term trade receivables - third parties,
jangka panjang dan aset tidak lancar lainnya long-term non-trade receivables and
tertentu yang dikategorikan sebagai certain other non-current assets classified
pinjaman yang diberikan dan piutang, dan as loans and receivables, and investment
investasi dalam saham dikategorikan in shares classified as available-for-sale
sebagai aset keuangan tersedia untuk financial asset.
dijual.
Aset keuangan pada awalnya diakui pada Financial assets are recognized initially at
nilai wajar, dan dalam hal aset keuangan fair value, in the case of financial assets
yang tidak diakui pada nilai wajar melalui not at fair value through profit or loss, the
laba atau rugi, nilai wajar tersebut ditambah fair value plus directly attributable
dengan biaya transaksi yang dapat transaction costs.
diatribusikan secara langsung.
70

i. Aset Keuangan (lanjutan) i. Financial Assets (continued)
Pengukuran setelah Pengakuan Awal Subsequent Measurement
Pinjaman yang diberikan dan piutang Loans and receivables
Pinjaman yang diberikan dan piutang adalah Loans and receivables are non-derivative
aset keuangan non-derivatif dengan financial assets with fixed or determinable
pembayaran tetap atau telah ditentukan, payments that are not quoted in an active
yang tidak mempunyai kuotasi di pasar aktif. market. After initial measurement, such
Setelah pengakuan awal, aset keuangan financial assets are carried at amortized
tersebut dicatat pada biaya perolehan cost using the EIR method, which is a
diamortisasi dengan menggunakan metode method of calculating the amortized cost
SBE, yang merupakan metode yang of a financial asset or a financial liability
digunakan untuk menghitung biaya (or group of financial assets or financial
perolehan yang diamortisasi dari aset liabilities) and of allocating the interest
keuangan atau liabilitas keuangan income or interest expense over the
(atau grup aset keuangan atau liabilitas relevant period.
keuangan) dan alokasi pendapatan bunga
atau biaya bunga sepanjang periode yang
bersangkutan.
Keuntungan dan kerugian terkait diakui Gains and losses are recognized in profit
dalam laba rugi pada saat pinjaman yang or loss when the loans and receivables
diberikan dan piutang dihentikan are derecognized or impaired, as well as
pengakuannya atau mengalami penurunan through the amortization process.
nilai, demikian juga melalui proses
amortisasi.
Aset keuangan tersedia untuk dijual Available-for-sale (“AFS”) financial

assets
Aset keuangan tersedia untuk dijual adalah AFS financial assets are non-derivative
aset keuangan non derivatif yang ditetapkan financial assets that are designated as
sebagai tersedia untuk dijual. Setelah available-for-sale. After initial
pengukuran awal, aset keuangan tersedia measurement, AFS financial assets are
untuk dijual diukur dengan nilai wajar measured at fair value with unrealized
dengan keuntungan atau kerugian yang gains or losses recognized in the equity
belum terealisasi diakui sebagai ekuitas until the investment is derecognized. At
sampai investasi tersebut dihentikan that time, the cumulative gain or loss
pengakuannya. Pada saat itu, keuntungan previously recognized in equity will be
atau kerugian kumulatif yang diakui reclassified to profit or loss.
sebelumnya akan direklasifikasi sebagai
laba atau rugi.
Grup memiliki aset keuangan investasi Group has other financial assets
dalam saham dalam kategori ini. investment in shares under this category.
Investasi tersebut tidak memiliki harga Such Investment does not have quoted
kuotasi di pasar aktif dan dicatat pada biaya market prices in an active market and
perolehan karena nilai wajarnya tidak dapat carried at costs since their fair values
diukur secara andal. cannot be reliably measured.
71

Penghentian Pengakuan Aset Keuangan Derecognition of Financial Assets
Penghentian pengakuan atas suatu aset A financial asset, or where applicable, a

keuangan, atau, bila dapat diterapkan untuk part of a financial asset or part of a group
bagian dari aset keuangan atau bagian dari of similar financial assets, is derecognized
kelompok aset keuangan serupa, terjadi when:
bila:
i. hak kontraktual atas arus kas yang i. the contractual rights to receive cash
berasal dari aset keuangan tersebut flows from the asset have expired; or
berakhir; atau
ii. Grup mentransfer hak untuk menerima ii. the Group has transferred its rights to
arus kas yang berasal dari aset receive cash flows from the asset or
keuangan tersebut atau menanggung has assumed an obligation to pay the
kewajiban untuk membayar arus kas received cash flows in full without
yang diterima tersebut tanpa material delay to a third party under a
penundaan yang signifikan kepada “pass-through” arrangement and
pihak ketiga melalui suatu kesepakatan (a) substantially transferred all the
penyerahan dan (a) secara substansial risks and rewards of the asset, or
mentransfer seluruh risiko dan manfaat (b) neither transferred nor retained
atas kepemilikan aset keuangan substantially all the risks and rewards
tersebut, atau (b) secara substansial of the asset, but has transferred
tidak mentransfer dan tidak memiliki control of the asset.
seluruh risiko dan manfaat atas
kepemilikan aset keuangan tersebut,
namun telah mentransfer pengendalian
atas aset keuangan tersebut.
Apabila Grup mentransfer hak untuk When the Group has transferred its rights
menerima arus kas yang berasal dari aset to receive cash flows from a financial
keuangan atau mengadakan kesepakatan asset or has entered into a pass-through
penyerahan dan tidak mentransfer maupun arrangement, and has neither transferred
tidak memiliki secara substansial seluruh nor retained substantially all the risks and
risiko dan manfaat atas aset keuangan rewards of the asset nor transferred
tersebut dan juga tidak mentransfer control of the asset, the asset is
pengendalian atas aset keuangan tersebut, recognized to the extent of the Group’s
maka suatu aset keuangan baru diakui oleh continuing involvement in the asset.
Grup sebesar keterlibatannya yang
berkelanjutan dengan aset keuangan
tersebut.
72

Penghentian Pengakuan Aset Keuangan Derecognition of Financial Assets

Keterlibatan berkelanjutan yang berbentuk Continuing involvement that takes the

pemberian jaminan atas aset yang ditransfer form of a guarantee over the transferred
disajikan sebesar jumlah terendah antara asset, is measured at the lower of the
nilai aset yang ditransfer dan nilai original carrying amount of the asset and
maksimum dari pembayaran yang diterima the maximum amount of consideration
yang mungkin harus dibayar kembali oleh that the Group could be required to repay.
Grup.
Pada saat penghentian pengakuan atas On derecognition of a financial asset in its

aset keuangan secara keseluruhan, maka entirety, the difference between the
selisih antara nilai tercatat dan jumlah dari carrying amount and the sum of
(i) pembayaran yang diterima, termasuk (i) the consideration received, including
aset baru yang diperoleh dikurangi dengan any new assets obtained less
liabilitas baru yang ditanggung; dan any new liabilities assumed, and
(ii) keuntungan atau kerugian kumulatif yang (ii) any cumulative gain or loss which had
telah diakui secara langsung dalam ekuitas, been recognized in the equity, should be
harus diakui pada laba rugi. recognized in profit or loss.
Penurunan Nilai Aset Keuangan Impairment of Financial Assets
Pada setiap tanggal pelaporan, Grup At each reporting date, the Group
mengevaluasi apakah terdapat bukti yang assesses whether there is any objective
obyektif bahwa aset keuangan atau evidence that a financial asset or a group
kelompok aset keuangan mengalami of financial assets is impaired.
penurunan nilai. Penurunan nilai atas aset A financial asset or a group of financial
keuangan atau kelompok aset keuangan assets is deemed to be impaired if, and
dianggap telah terjadi, jika dan hanya jika, only if, there is objective evidence of
terdapat bukti yang obyektif mengenai impairment as a result of one or more
penurunan nilai tersebut sebagai akibat dari events that have occurred after the initial
salah satu atau lebih peristiwa yang terjadi recognition of the asset (an incurred “loss
setelah pengakuan awal aset tersebut event”) and that loss event has an impact
(“peristiwa yang merugikan”), dan peristiwa on the estimated future cash flows of the
yang merugikan tersebut berdampak pada financial asset or the group of financial
estimasi arus kas masa depan atas aset assets that can be reliably estimated.
keuangan atau kelompok aset keuangan
yang dapat diestimasi secara andal.
73

Penurunan Nilai Aset Keuangan (lanjutan) Impairment of Financial Assets

(continued)
Bukti penurunan nilai dapat meliputi indikasi Evidence of impairment may include
pihak peminjam atau kelompok pihak indications that the debtors or a group of
peminjam mengalami kesulitan keuangan debtors is experiencing significant
signifikan, wanprestasi atau tunggakan financial difficulty, default or delinquency
pembayaran bunga atau pokok, terdapat in interest or principal payments, the
kemungkinan bahwa pihak peminjam akan probability that they will enter bankruptcy
dinyatakan pailit atau melakukan or other financial reorganization and
reorganisasi keuangan lainnya dan pada where observable data indicate that there
saat data yang dapat diobservasi is a measurable decrease in the estimated
mengindikasikan adanya penurunan yang future cash flows, such as changes in
dapat disajikan atas estimasi arus kas masa arrears or economic conditions that
datang, seperti meningkatnya tunggakan correlate with defaults.
atau kondisi ekonomi yang berkorelasi
dengan wanprestasi.
Aset Keuangan yang Dicatat pada Biaya Financial Assets Carried at Amortized
Perolehan Diamortisasi Cost
Untuk pinjaman yang diberikan dan piutang For loans and receivables carried at
yang dicatat pada biaya perolehan amortized cost, the Group first assesses
diamortisasi, Grup pertama kali whether objective evidence of impairment
menentukan apakah terdapat bukti obyektif exists individually for financial assets that
mengenai penurunan nilai secara individual are individually significant, or collectively
atas aset keuangan yang signifikan secara for financial assets that are not
individual, atau secara kolektif untuk aset individually significant.
keuangan yang jumlahnya tidak signifikan
secara individual.
Jika Grup menentukan tidak terdapat bukti If the Group determines that no objective
obyektif mengenai penurunan nilai atas aset evidence of impairment exists for an
keuangan yang dinilai secara individual, individually assessed financial asset,
terlepas aset keuangan tersebut signifikan whether significant or not, the asset is
atau tidak, maka aset tersebut dimasukkan included in a group of financial assets with
ke dalam kelompok aset keuangan yang similar credit risk characteristics and the
memiliki karakteristik risiko kredit yang group is collectively assessed for
sejenis dan menilai penurunan nilai impairment.
kelompok tersebut secara kolektif.
Aset yang penurunan nilainya dinilai secara Assets that are individually assessed for
individual dan untuk itu kerugian penurunan impairment and for which an impairment
nilai diakui atau tetap diakui, tidak termasuk loss is, or continues to be, recognized are
dalam penilaian penurunan nilai secara not included in a collective assessment
kolektif. for impairment.
74


(continued)
Perolehan Diamortisasi (lanjutan) Cost (continued)
Jika terdapat bukti obyektif bahwa kerugian If there is objective evidence that an
penurunan nilai telah terjadi, jumlah impairment loss has occurred, the amount
kerugian tersebut disajikan sebagai selisih of the loss is measured as the difference
antara nilai tercatat aset dengan nilai kini between the asset’s carrying amount and
estimasi arus kas masa datang (tidak the present value of estimated future cash
termasuk ekspektasi kerugian kredit masa flows (excluding future expected credit
datang yang belum terjadi). Nilai kini losses that have not yet been incurred).
estimasi arus kas masa datang didiskonto The present value of the estimated future
menggunakan SBE awal dari aset cash flows is discounted at the financial
keuangan tersebut. asset’s original EIR.
Jika “pinjaman yang diberikan dan piutang” If “loans and receivables” financial asset
memiliki suku bunga variabel, tingkat has a variable interest rate, the discount
diskonto yang digunakan untuk mengukur rate for measuring impairment loss is the
setiap kerugian penurunan nilai adalah SBE current EIR.
yang berlaku.
Nilai tercatat aset tersebut dikurangi melalui The carrying amount of the asset is
penggunaan akun penyisihan dan jumlah reduced through the use of an allowance
kerugian tersebut diakui secara langsung account and the amount of the loss is
dalam laba rugi. Pendapatan bunga tetap recognized in profit or loss. Interest
diakui berdasarkan nilai tercatat yang telah income continues to be accrued on the
dikurangi tersebut berdasarkan suku bunga reduced carrying amount based on the
yang digunakan untuk mendiskontokan arus rate of interest used to discount future
kas masa depan dengan tujuan mengukur cash flows for the purpose of measuring
kerugian penurunan nilai. impairment loss.
Pinjaman yang diberikan dan piutang, Loans and receivables, together with the
bersama-sama dengan penyisihan terkait, associated allowance, are written off
dihapuskan pada saat tidak terdapat when there is no realistic prospect of
kemungkinan yang realistis atas pemulihan future recovery and all collateral, if any,
di masa mendatang dan seluruh agunan, has been realized or has been transferred
jika ada, telah direalisasi atau telah to the Group.
dialihkan kepada Grup.
Jika pada periode berikutnya, nilai estimasi If in a subsequent period, the amount of
kerugian penurunan nilai aset keuangan the estimated impairment loss increases
bertambah atau berkurang karena suatu or decreases because of an event
peristiwa yang terjadi setelah penurunan occurring after the impairment was
nilai diakui, maka kerugian penurunan nilai recognized, the previously recognized
yang sebelumnya diakui ditambah atau impairment loss is increased or reduced
dikurangi (dipulihkan) dengan (reversed) by adjusting the allowance
menyesuaikan akun penyisihan. account.
75


(continued)
Perolehan Diamortisasi (lanjutan) Cost (continued)
Pemulihan tersebut tidak boleh The recovery should not lead to the
mengakibatkan nilai tercatat aset keuangan carrying amount of the asset exceeding
melebihi biaya perolehan diamortisasi yang its amortized cost that would have been
seharusnya jika penurunan nilai tidak diakui determined had no impairment loss been
pada tanggal pemulihan dilakukan. Jumlah recognized for the asset at the reversal
pemulihan aset keuangan diakui pada laba date. The amount of reversal is
rugi. Jika penghapusan kemudian recognized in the profit or loss. If a future
dipulihkan, maka pemulihan tersebut diakui write-off is later recovered, the recovery is
dalam laba atau rugi. recognized in profit or loss.
Aset Keuangan yang Dicatat pada Biaya Financial Assets Carried at Cost
Perolehan
Jika terdapat bukti obyektif bahwa kerugian When there is objective evidence that an
penurunan nilai telah terjadi atas aset impairment loss has been incurred on
keuangan yang dicatat pada biaya financial asset carried at cost, the amount
perolehan, maka jumlah kerugian of the impairment loss is measured as the
penurunan nilai diukur berdasarkan selisih difference between the carrying amount
antara nilai tercatat aset keuangan dengan of the financial asset and the present
nilai kini dari estimasi arus kas masa value of estimated future cash flows
mendatang yang didiskontokan pada tingkat discounted at the current market rate of
pengembalian yang berlaku di pasar untuk return for a similar financial asset. Such
aset keuangan serupa. Kerugian penurunan impairment losses cannot be reversed in
nilai tersebut tidak dapat dipulihkan pada the subsequent period/year.
periode/tahun berikutnya.
76

ii. Liabilitas Keuangan ii. Financial Liabilities
Pengakuan Awal Initial Recognition
Grup menetapkan klasifikasi liabilitas The Group determines the classification

keuangannya pada saat pengakuan awal. of its financial liabilities at initial
Instrumen utang dan ekuitas dikelompokan recognition. Debt and equity instruments
sebagai liabilitas keuangan atau sebagai are classified as either financial liabilities
ekuitas sesuai dengan substansi or as equity in accordance with the
pengaturan kontraktual. substance of the contractual
arrangement.
Liabilitas keuangan diklasifikasikan sebagai Financial liabilities are classified as

liabilitas keuangan yang disajikan pada nilai financial liabilities at fair value through
wajar melalui laba atau rugi, liabilitas profit or loss, financial liabilities at
keuangan yang diukur pada biaya amortized cost, or as derivatives
perolehan yang diamortisasi, atau derivatif designated as hedging instruments in an
yang ditetapkan untuk tujuan instrumen effective hedge, as appropriate. The
lindung nilai dalam lindung nilai yang efektif, Group determines the classification of its
jika sesuai. Grup menentukan klasifikasi financial liabilities at initial recognition.
liabilitas keuangan pada saat pengakuan
awal.
Liabilitas keuangan pada awalnya disajikan Financial liabilities are recognized initially
pada nilai wajar dan, dalam hal utang dan at fair value and, in the case of loans and
pinjaman, termasuk biaya transaksi yang borrowings, inclusive of directly
dapat diatribusikan secara langsung. attributable transaction costs.
Liabilitas keuangan Grup meliputi utang The Group’s financial liabilities include
bank jangka pendek, utang usaha, utang short-term bank loans, trade payables,
non-usaha, beban akrual, liabilitas imbalan non-trade payables, accrued expenses,
kerja jangka pendek, utang obligasi dan short-term employee benefits liability,
liabilitas sewa. bonds payable and lease liabilities.
77

ii. Liabilitas Keuangan (lanjutan) ii. Financial Liabilities (continued)
Pengukuran setelah Pengakuan Awal Subsequent Measurement
Setelah pengakuan awal, utang yang After initial recognition, interest-bearing

dikenakan bunga dan pinjaman selanjutnya loans and borrowings are subsequently
disajikan pada biaya perolehan diamortisasi measured at amortized cost using the EIR
dengan menggunakan metode SBE. Pada method. At consolidated statement of
tanggal laporan posisi keuangan financial position date, the accrued
konsolidasian, biaya bunga yang masih interest is recorded separately from the
harus dibayar dicatat secara terpisah dari respective principal loans as part of
pokok pinjaman terkait dalam bagian current liabilities. Gains or losses are
liabilitas lancar. Keuntungan atau kerugian recognized in profit or loss when the
diakui dalam laba rugi ketika liabilitas liabilities are derecognized as well as
dihentikan pengakuannya serta melalui through the amortization process using
proses amortisasi menggunakan metode the EIR method.
SBE.
Penghentian Pengakuan Liabilitas Derecognition of Financial Liabilities

Keuangan
Liabilitas keuangan dihentikan A financial liability is derecognized when

pengakuannya pada saat liabilitas tersebut the obligation under the liability is
dihentikan atau dibatalkan atau kadaluarsa. discharged or cancelled or expired.
Ketika sebuah liabilitas keuangan ditukar When an existing financial liability is

dengan liabilitas keuangan lain dari pemberi replaced by another from the same lender
pinjaman yang sama atas persyaratan yang on substantially different terms, or the
secara substansial berbeda, atau bila terms of an existing liability are
persyaratan dari liabilitas keuangan substantially modified, such an exchange
tersebut secara substansial dimodifikasi, or modification is treated as a
pertukaran atau modifikasi persyaratan derecognition of the original liability and
tersebut dicatat sebagai penghentian the recognition of a new liability, and the
pengakuan liabilitas keuangan awal dan difference in the respective carrying
pengakuan liabilitas keuangan baru, dan amounts is recognized in profit or loss.
selisih antara nilai tercatat masing-masing
liabilitas keuangan tersebut diakui dalam
laba atau rugi.
iii. Saling Hapus Instrumen Keuangan iii. Offsetting of Financial Instruments
Aset keuangan dan liabilitas keuangan Financial assets and financial liabilities
saling hapus dan nilai netonya dilaporkan are offset and the net amount reported in
dalam laporan posisi keuangan the consolidated statement of financial
konsolidasian jika, dan hanya jika, terdapat position if, and only if, there is a currently
hak yang berkekuatan hukum untuk enforceable legal right to offset the
melakukan saling hapus atas jumlah yang recognized amounts and there is an
telah diakui dan terdapat intensi untuk intention to settle on a net basis, or to
menyelesaikan secara neto, atau untuk realize the assets and settle the liabilities
merealisasikan aset dan menyelesaikan simultaneously.
liabilitasnya secara bersamaan.
78

iv. Nilai Wajar Instrumen Keuangan iv. Fair Value of Financial Instruments
Nilai wajar instrumen keuangan yang The fair value of financial instruments that
diperdagangkan di pasar aktif ditentukan are traded in active markets is determined
dengan mengacu pada kuotasi harga by reference to quoted market bid prices
penawaran pasar yang berlaku pada at the close of business at the end of the
penutupan pasar pada akhir periode reporting period. For financial instruments
pelaporan. Untuk instrumen keuangan yang where there is no active market, fair value
tidak diperdagangkan di pasar aktif, nilai is determined using valuation techniques.
wajar ditentukan dengan menggunakan
teknik penilaian.
Teknik penilaian tersebut meliputi Such techniques may include using

penggunaan transaksi pasar terkini yang recent arm’s length market transaction;
dilakukan secara wajar; referensi atas nilai reference to the current fair value of
wajar terkini dari instrumen lain yang secara another instrument that is substantially
substansial sama; analisa arus kas yang the same; discounted cash flow analysis;
didiskonto; atau model penilaian lainnya. or other valuation models.
v. Biaya Perolehan yang Diamortisasi dari v. Amortized Cost of Financial

Instrumen Keuangan Instruments
Biaya perolehan yang diamortisasi disajikan Amortized cost of financial instruments

dengan menggunakan metode SBE are presented using EIR method less any
dikurangi penyisihan penurunan nilai dan allowance for impairment losses and
pembayaran atau pengurangan pokok. principal repayment or reduction. The
Perhitungan ini mencakup seluruh premi calculation takes into account any
atau diskonto pada saat akuisisi dan premium or discount on acquisition and
mencakup biaya transaksi serta komisi yang includes transaction costs and fees that
merupakan bagian tak terpisahkan dari are an integral part of the EIR.
SBE.
v. Laba (Rugi) per Saham v. Earnings (Loss) per Share
Laba per saham dihitung dengan membagi laba The amount of earnings per share is
tahun berjalan yang dapat diatribusikan kepada calculated by dividing the income for the year
pemilik entitas induk dengan jumlah rata-rata attributable to owners of the parent company
tertimbang saham yang beredar selama periode by the weighted-average number of shares
berjalan, yaitu 2.753.165.000 saham. outstanding during the current period of
2,753,165,000 shares.
79

w. Biaya Emisi Saham dan Obligasi w. Shares and Bond Issuance Costs
Biaya emisi saham disajikan sebagai pengurang Shares issuance costs are presented as a
terhadap “Tambahan Modal Disetor - Neto” pada reduction to “Additional Paid-in Capital - Net”
bagian ekuitas di laporan posisi keuangan under the equity section of the consolidated
konsolidasian. statement of financial position.
Biaya emisi obligasi dan sukuk ijarah Bonds and sukuk ijarah issuance costs are
dikurangkan dari hasil penerbitan obligasi dalam directly deducted from the issue proceeds in
laporan posisi keuangan konsolidasian sebagai the consolidated statement of financial
diskonto dan diamortisasi menggunakan metode position as a discount and are amortized using
SBE selama jangka waktu obligasi dan sukuk the EIR method over the period of the bonds
ijarah. and sukuk ijarah.
Biaya emisi obligasi wajib tukar dicatat sebagai Issuance costs of mandatory convertible bond
pengurang modal. are accounted for as a deduction from equity.
x. Informasi Segmen x. Segment Information
Segmen adalah komponen yang dapat A segment is a distinguishable component of

dibedakan dari Grup yang terlibat baik dalam the Group that is engaged either in providing
menyediakan produk-produk tertentu (segmen certain products (business segment), or in
usaha), atau dalam menyediakan produk dalam providing products within a particular
lingkungan ekonomi tertentu (segmen economic environment (geographical
geografis), yang memiliki risiko dan imbalan segment), which is subject to risks and
yang berbeda dari segmen lainnya. rewards that are different from those of other
segments.
Pendapatan, beban, hasil, aset dan liabilitas Segment revenue, expenses, results, assets
segmen termasuk hal-hal yang dapat and liabilities include items directly attributable
diatribusikan secara langsung kepada suatu to a segment as well as those that can be
segmen serta hal-hal yang dapat dialokasikan allocated on a reasonable basis to that
dengan dasar yang memadai untuk segmen segment. They are determined before intra-
tersebut. Segmen ditentukan sebelum saldo dan group balances and transactions are
transaksi intragrup dieliminasi sebagai bagian eliminated as part of consolidation process.
dari proses konsolidasi.
Grup tidak menyajikan informasi sehubungan The Group did not disclose information related
dengan segmen geografis dikarenakan to geographical segment since the Group
manajemen Grup berpendapat bahwa Grup believes that the Group operates in the same
beroperasi pada suatu lingkungan ekonomi yang economic environment which is subject to the
memiliki risiko dan imbalan yang sama. same risks and benefits.
80

y. Kontinjensi y. Contingencies
Liabilitas kontinjensi diungkapkan, kecuali jika Unless the possibility of an outflow of

arus keluar sumber daya yang mengandung resources embodying economic benefits is
manfaat ekonomi kemungkinannya kecil remote, contingent liabilities are disclosed.
(remote). Aset kontinjensi tidak diakui dalam Contingent assets are not recognized in the
laporan keuangan konsolidasian, tetapi consolidated financial statements but
diungkapkan jika terdapat kemungkinan besar disclosed when an inflow of economic benefits
(probable) arus masuk manfaat ekonomi. is probable.
z. Aset takberwujud z. Intangible Assets
Aset takberwujud yang diperoleh secara terpisah Intangible assets acquired separately are
diukur pada pengakuan awal sebesar biaya measured on initial recognition at cost. The
perolehan. Biaya perolehan aset takberwujud cost of intangible assets acquired in a
yang diperoleh dalam suatu kombinasi bisnis business combination is their fair value at the
adalah nilai wajarnya pada tanggal akuisisi. date of acquisition. Following initial
Setelah pengakuan awal, aset takberwujud recognition, intangible assets are carried at
dicatat sebesar biaya perolehan dikurangi cost less any accumulated amortization and
akumulasi amortisasi dan akumulasi kerugian accumulated impairment losses. Internally
penurunan nilai. Aset takberwujud yang generated intangibles, excluding capitalised
dihasilkan secara internal, tidak termasuk biaya development costs, are not capitalised and the
pengembangan yang dikapitalisasi, tidak related expenditure is reflected in profit or loss
dikapitalisasi dan pengeluaran terkait tercermin in the period in which the expenditure is
dalam laba rugi pada periode ketika pengeluaran incurred.
terjadi.
Masa manfaat aset takberwujud dinilai baik The useful lives of intangible assets are
terbatas atau tidak terbatas. assessed as either finite or indefinite.
Aset takberwujud dengan masa manfaat Intangible assets with finite lives are amortised
terbatas diamortisasi selama masa manfaat over the useful economic life and assessed for
ekonomis dan dinilai untuk penurunan nilai impairment whenever there is an indication
setiap ada indikasi bahwa aset takberwujud that the intangible asset may be impaired. The
tersebut mungkin mengalami penurunan nilai. amortization period and the amortization
Periode amortisasi dan metode amortisasi untuk method for an intangible asset with a finite
aset takberwujud dengan masa manfaat terbatas useful life are reviewed at least at the end of
dikaji paling lambat pada setiap akhir periode each reporting period. Changes in the
pelaporan. Perubahan dalam masa manfaat expected useful life or the expected pattern of
yang diharapkan atau pola konsumsi yang consumption of future economic benefits
diharapkan dari manfaat ekonomi masa depan embodied in the asset are considered to
yang terkandung dalam aset dianggap modify the amortization period or method, as
memodifikasi periode atau metode amortisasi, appropriate, and are treated as changes in
sebagaimana mestinya, dan diperlakukan accounting estimates. The amortization
sebagai perubahan dalam estimasi akuntansi. expense on intangible assets with finite life is
Beban amortisasi atas aset takberwujud dengan recognized in the statement of profit or loss in
umur terbatas diakui dalam laba rugi dalam the expense category that is consistent with
kategori biaya yang konsisten dengan fungsi dari the function of the intangible assets.
aset takberwujud.
81

z. Aset takberwujud (lanjutan) z. Intangible Assets (continued)
Aset takberwujud dengan masa manfaat tidak Intangible assets with indefinite useful lives are
terbatas tidak diamortisasi, tetapi diuji untuk not amortised, but are tested for impairment
penurunan setiap tahun, baik secara individu annually, either individually or at the cash-
atau pada tingkat unit penghasil kas. Penilaian generating unit level. The assessment of
masa manfaat yang tidak terbatas ditinjau setiap indefinite life is reviewed annually to determine
tahun untuk menentukan apakah masa manfaat whether the indefinite life continues to be
yang tidak terbatas tetap dapat didukung. Jika supportable. If not, the change in useful life
tidak, perubahan dalam masa manfaat dari tidak from indefinite to finite is made on a
terbatas menjadi terbatas dilakukan secara prospective basis.
prospektif.
Keuntungan atau kerugian yang timbul dari Gains or losses arising from derecognition of
penghentian pengakuan suatu aset takberwujud an intangible asset are measured as the
diukur sebagai perbedaan antara jumlah neto difference between the net disposal proceeds
hasil pelepasan dan jumlah tercatat dari aset and the carrying amount of the asset and are
dan diakui dalam laba rugi ketika aset dihentikan recognized in the statement of profit or loss
pengakuannya. when the asset is derecognized.
Ringkasan kebijakan yang diterapkan pada aset A summary of the policies applied to the
takberwujud Grup adalah sebagai berikut: Group’s intangible assets are as follows:
Perangkat lunak/
Software
Umur manfaat 5 tahun/years Useful lifes

Metode amortisasi Garis lurus/ Amortization method
Straight-line
Diperoleh melalui Akuisisi/Acquisition Acquired by
Entitas anak tertentu menghitung amortisasi Certain subsidiary computed amortization for
untuk aset takberwujud dengan metode intangible assets based on
“unit produksi”. “unit-of-production” method.
Aset takberwujud disajikan sebagai bagian dari Intangible assets is presented as part of
“Aset Takberwujud - Neto” dalam laporan posisi “Intangible Assets - Net” in the consolidated
keuangan konsolidasian. statement of financial position.
82

aa. Standar Akuntansi yang telah Disahkan aa. Accounting Standards Issued but not yet
namun belum berlaku Efektif Effective
Berikut ini adalah beberapa standar akuntansi The following are several accounting
yang telah disahkan oleh Dewan Standar standards issued by the Indonesian Financial
Akuntansi Keuangan (”DSAK”) Indonesia yang Accounting Standards Board (“DSAK”) that
dipandang relevan terhadap pelaporan are considered relevant to the financial
keuangan Grup namun belum berlaku efektif reporting of the Group but are not yet effective
untuk laporan keuangan konsolidasian tanggal for consolidated financial statements as of
31 Desember 2020 dan untuk tahun yang December 31, 2020 and for the year then
berakhir pada tanggal tersebut: ended:
Amendemen PSAK 73: Sewa tentang Konsesi Amendments to PSAK 73: Covid-19 Related
Sewa terkait Covid-19 Rent Concessions
Pada tanggal 30 Mei 2020, DSAK IAI On May 30, 2020, the DSAK IAI published
menerbitkan Konsesi Sewa Terkait Covid-19 - Covid-19-Related Rent Concessions -
amendemen PSAK 73: Sewa. Amendemen amendment to PSAK 73: Leases. The
tersebut memberikan kelonggaran bagi lessee amendments provide relief to lessees from
untuk menerapkan pedoman PSAK 73 tentang applying PSAK 73 guidance on lease
modifikasi sewa akuntansi untuk konsesi sewa modification accounting for rent concessions
yang timbul sebagai akibat langsung dari arising as a direct consequence of the Covid-
pandemi Covid-19. Sebagai cara praktis, lessee 19 pandemic. As a practical expedient, a
dapat memilih untuk tidak menilai apakah lessee may elect not to assess whether a
konsesi sewa terkait Covid-19 dari lessor Covid-19 related rent concession from a lessor
merupakan modifikasi sewa. Lessee yang is a lease modification. A lessee that makes
membuat pemilihan ini memperhitungkan setiap this election accounts for any change in lease
perubahan dalam pembayaran sewa yang payments resulting from the Covid-19 related
dihasilkan dari konsesi sewa terkait Covid-19 rent concession the same way it would
dengan cara yang sama akan menjelaskan account for the change under PSAK 73, if the
perubahan berdasarkan PSAK 73, jika change were not a lease modification.
perubahan tersebut bukan merupakan
modifikasi sewa.
Amendemen tersebut berlaku untuk periode The amendment applies to annual reporting
pelaporan tahunan yang dimulai pada atau periods beginning on or after June 1, 2020.
setelah 1 Juni 2020. Penerapan lebih dini Earlier application is permitted. This
diperkenankan. Amendemen ini tidak amendment had no impact on the
berdampak pada laporan keuangan consolidated financial statements of the
konsolidasian Grup. Group.
Amendemen PSAK 71: Instrumen Keuangan, Amendments to PSAK 71: Financial

Amendemen PSAK 55: Instrumen Keuangan: Instruments, Amendments to PSAK 55:
Pengakuan dan Pengukuran, Amendemen Financial Instruments: Recognition and
PSAK 60: Instrumen Keuangan: Pengungkapan, Measurement, Amendments to PSAK 60:
Amendemen PSAK 62: Kontrak Asuransi dan Financial Instruments: Disclosures,
Amendemen PSAK 73: Sewa tentang Reformasi Amendments to PSAK 62: Insurance
Acuan Suku Bunga - Tahap 2, berlaku efektif Contracts and Amendments to PSAK 73:
1 Januari 2021 Leases on Interest Rate Reference Reform -
Stage 2, effective from January 1, 2021
83

namun belum berlaku Efektif (lanjutan) Effective (continued)
Reformasi Acuan Suku Bunga - Tahap 2 Interest Rate Reference Reform - Stage 2
membahas isu yang mungkin mempengaruhi addresses issues that may affect financial
pelaporan keuangan selama reformasi acuan reporting during the benchmark interest rate
suku bunga, termasuk dampak perubahan arus reform, including the impact of changes in
kas kontraktual atau hubungan lindung nilai yang contractual cash flows or hedging
timbul dari penggantian acuan suku bunga relationships that arise from replacing the
dengan acuan alternatif yang baru. Amendemen benchmark interest rate with a new alternative
ini mengubah persyaratan dalam PSAK 71: reference. These amendments amend the
Instrumen Keuangan, PSAK 55: Instrumen requirements of PSAK 71: Financial
Keuangan: Pengakuan dan Pengukuran, PSAK Instruments , PSAK 55: Financial Instruments:
60: Instrumen Keuangan: Pengungkapan, PSAK Recognition and Measurement , PSAK 60:
62: Kontrak Asuransi dan PSAK 73: Sewa yang Financial Instruments: Disclosures , PSAK 62:
terkait dengan: Insurance Contracts and PSAK 73: Leases
related to:
- perubahan dasar untuk - changes in the basis for

menentukan arus kas kontraktual determining the contractual cash
dari aset keuangan, liabilitas flows of financial assets,
keuangan dan liabilitas sewa financial liabilities and lease
liabilities;
- akuntansi lindung nilai; dan - hedge accounting; and
- pengungkapan - disclosure
· Amendemen PSAK No. 22: Definisi Bisnis, · Amendments to PSAK No. 22:
berlaku efektif 1 Januari 2021. Definition of Business, effective from
January 1, 2021.
Amendemen ini dikeluarkan untuk These amendments were issued to help

membantu entitas menentukan apakah entities determine whether an acquired
serangkaian kegiatan dan aset yang set of activities and assets is a business
diperoleh adalah bisnis atau tidak. Mereka or not. They clarify the minimum
mengklarifikasi persyaratan minimum untuk requirements for a business, remove the
bisnis, menghapus penilaian apakah pelaku assessment of whether market
pasar mampu mengganti elemen yang participants are capable of replacing any
hilang, menambah panduan untuk missing elements, add guidance to help
membantu entitas menilai apakah proses entities assess whether an acquired
yang diperoleh adalah substantif, process is substantive, narrow the
mempersempit definisi bisnis dan output, dan definitions of a business and of outputs,
memperkenalkan uji konsentrasi nilai wajar and introduce an optional fair value
opsional. Contoh ilustratif baru diberikan concentration test. New illustrative
bersama dengan amendemen. examples were provided along with the
amendments.
84

· Amendemen PSAK 57: Provisi, Liabilitas · Amendments to PSAK 57: Provisions,

Kontinjensi, dan Aset Kontinjensi tentang Contingent Liabilities, and Contingent
Kontrak Memberatkan - Biaya Memenuhi Assets regarding Aggravating Contracts -
Kontrak Contract Fulfillment Costs
Amendemen ini mengklarifikasi biaya untuk This amendment clarifies the cost of
memenuhi suatu kontrak dalam kaitannya fulfilling a contract in relation to determining
dalam menentukan apakah suatu kontrak whether a contract is a burdensome
merupakan kontrak memberatkan contract
Amendemen PSAK 57 mengatur bahwa The amendments to PSAK 57 provide that

biaya untuk memenuhi kontrak meliputi biaya costs to fulfill a contract comprise of costs
yang berhubungan langsung dengan that are directly related to the contract.
kontrak. Biaya yang berhubungan langsung Costs that are directly related to the
dengan kontrak terdiri dari: contract consist of:
- biaya inkremental untuk memenuhi - incremental costs to fulfill the

kontrak tersebut, dan contract, and
- alokasi biaya lain yang berhubungan - allocation of other costs that are
langsung untuk memenuhi kontrak. directly related to fulfilling the
contract.
Entitas menerapkan amendemen tersebut An entity shall apply those amendments to

pada kontrak yang belum terpenuhi semua contracts existing at the beginning of the
kewajibannya pada awal periode pelaporan annual reporting period in which the entity
tahunan yang mana entitas pertama kali first applies the amendments (the date of
menerapkan amendemen (tanggal aplikasi initial application). The entity shall not
awal). Entitas tidak menyajikan kembali restate comparative information. Instead,
informasi komparatif. Sebagai gantinya, the entity shall recognize the cumulative
entitas mengakui dampak kumulatif dari effect of initially applying the amendments
penerapan awal amendemen sebagai as an adjustment to the opening balance of
penyesuaian terhadap saldo awal atas saldo retained earnings (or other component of
laba atau komponen ekuitas lainnya, equity, as appropriate) at the date of initial
sebagaimana mestinya, pada tanggal application. Earlier application is permitted.
aplikasi awal. Penerapan lebih dini
diperkenankan.
· Penyesuaian Tahunan 2020 - PSAK 71: · 2020 Annual Improvements - PSAK 71:
Instrumen Keuangan, berlaku efektif Financial Instruments, effective from
1 Januari 2022 January 1, 2022
Penyesuaian ini mengklarifikasi fee (imbalan) This improvements clarifies the fees that
yang diakui oleh peminjam terkait are recognized by the borrower in relation
penghentian pengakuan liabilitas keuangan. to derecognition of financial liabilities. In
Dalam menentukan fee (imbalan) yang determining the fee to be paid after
dibayarkan setelah dikurangi fee (imbalan) deducting the fee received, the borrower
yang diterima, peminjam hanya only includes the fees paid or received
memasukkan fee (imbalan) yang dibayarkan between the borrower and lender,
atau diterima antara peminjam dan pemberi including fees paid or received by either
pinjaman, termasuk fee (imbalan) yang the borrower or lender on other‘s behalf.
dibayar atau diterima baik peminjam atau
pemberi pinjaman atas nama pihak lain.
85

· Penyesuaian Tahunan 2020 - PSAK 71: · 2020 Annual Improvements - PSAK 71:
Instrumen Keuangan, berlaku efektif Financial Instruments, effective from
1 Januari 2022 (lanjutan) January 1, 2022 (continued)
Entitas menerapkan Penyesuaian Tahunan An entity applies the improvements to

2020 untuk liabilitas keuangan yang financial liabilities that are modified or
dimodifikasi atau dipertukarkan pada atau exchanged on or after the beginning of the
setelah awal periode pelaporan tahunan di annual reporting period in which the entity
mana entitas pertama kali menerapkan first applies the amendment. Earlier
amendemen tersebut. Penerapan lebih dini application is permitted.
diperkenankan.
· Amendemen PSAK 1: Penyajian Laporan · Amendments to PSAK 1: Classification of

Keuangan tentang Klasifikasi Liabilitas Liabilities as Current or Non-current,
sebagai Jangka Pendek atau Jangka effective from January 1, 2023
Panjang, berlaku efektif 1 Januari 2023
Amendemen menentukan persyaratan untuk The amendments specify the requirements

mengklasifikasikan liabilitas sebagai jangka for classifying liabilities as current or non-
pendek atau jangka panjang. Amendemen current. The amendments clarify:
tersebut menjelaskan:
- Apa yang dimaksud dengan hak - What is meant by a right to defer

untuk menangguhkan penyelesaian settlement
- Bahwa hak entitas untuk - That a right to defer must exist at

menangguhkan penyelesaian the end of the reporting period
liabilitas harus ada pada akhir
periode pelaporan
- Klasifikasi tersebut tidak - That classification is unaffected

terpengaruh oleh kemungkinan by the likelihood that an entity will
bahwa entitas akan menggunakan exercise its deferral right
haknya untuk menangguhkan
penyelesaian liabilitas
- Hanya jika suatu derivatif melekat - That only if an embedded

dalam liabilitas konvertibel derivative in a convertible liability
merupakan instrumen ekuitas saja, is itself an equity instrument
penggunaan frasa liabilitas tidak would the terms of a liability not
akan memengaruhi klasifikasinya impact its classification
Amendemen tersebut berlaku efektif untuk The amendments are effective for annual
periode pelaporan tahunan yang dimulai reporting periods beginning on or after
pada atau setelah 1 Januari 2023 dan harus January 1, 2023 and must be applied
diterapkan secara retrospektif. Grup saat ini retrospectively. The Group is currently
sedang menilai dampak amendemen assessing the impact the amendments will
terhadap praktik saat ini dan apakah have on current practice and whether
negosiasi ulang atas perjanjian pinjaman existing loan agreements may require
yang ada mungkin diperlukan Penerapan renegotiation. Earlier application is
lebih dini diperkenankan. permitted.
86
3. PERTIMBANGAN, ESTIMASI DAN ASUMSI YANG 3. SIGNIFICANT ACCOUNTING JUDGMENTS,

SIGNIFIKAN ESTIMATES AND ASSUMPTIONS
Penyusunan laporan keuangan konsolidasian Grup The preparation of the Group’s consolidated
mengharuskan manajemen untuk membuat financial statements requires management to
pertimbangan, estimasi dan asumsi yang make judgments, estimates and assumptions that
mempengaruhi jumlah pendapatan, beban, aset dan affect the reported amounts of revenues,
liabilitas yang dilaporkan dan pengungkapan atas expenses, assets and liabilities, and the disclosure
liabilitas kontinjensi, pada akhir periode pelaporan. of contingent liabilities, at the end of the reporting
Ketidakpastian mengenai pertimbangan, asumsi dan period. Uncertainty about these judgments,
estimasi tersebut dapat mengakibatkan penyesuaian assumptions and estimates could result in
material terhadap nilai tercatat aset dan liabilitas di outcomes that require a material adjustment to the
masa mendatang. carrying amounts of assets and liabilities affected
in future years.
Pertimbangan Judgments
Pertimbangan berikut ini dibuat oleh manajemen The following judgments are made by
dalam rangka penerapan kebijakan akuntansi Grup management in the process of applying the
yang memiliki pengaruh paling signifikan atas jumlah Group’s accounting policies that have the most
yang diakui dalam laporan keuangan konsolidasian: significant effects on the amounts recognized in the
consolidated financial statements:
Penentuan Mata Uang Fungsional Determination of Functional Currency
Mata uang fungsional dari Grup adalah mata uang The functional currency of the Group is the
dari lingkungan ekonomi primer dimana entitas currency of the primary economic environment in
beroperasi. Manajemen menentukan bahwa mata which each entity operates. Management
uang fungsional Grup adalah Dolar AS, kecuali untuk determined that the functional currency of the
beberapa entitas anak tertentu. Mata uang tersebut Group is US dollar, except for certain subsidiaries.
adalah mata uang yang mempengaruhi pendapatan It is the currency that mainly influences the revenue
dan beban dari jasa yang diberikan. and cost of rendering services.
Klasifikasi Aset dan Liabilitas Keuangan Classification of Financial Assets and Liabilities
Grup menetapkan klasifikasi atas aset dan liabilitas The Group determines the classification of certain
tertentu sebagai aset keuangan dan liabilitas assets and liabilities as financial assets and
keuangan dengan pertimbangan bila definisi yang financial liabilities by judging if they meet the
ditetapkan PSAK No. 55 (Revisi 2014), “Instrumen definition set forth in PSAK No. 55
Keuangan: Pengakuan dan Pengukuran” terpenuhi. (Revised 2014), “Financial Instruments:
Dengan demikian, aset keuangan dan liabilitas Recognition and Measurement.” Accordingly, the
keuangan diakui sesuai dengan kebijakan akuntansi financial assets and financial liabilities are
Grup seperti diungkapkan pada Catatan 2u. accounted for in accordance with the Group’s
accounting policies as disclosed in Note 2u.
87

SIGNIFIKAN (lanjutan) ESTIMATES AND ASSUMPTIONS (continued)
Pertimbangan (lanjutan) Judgments (continued)
Kontinjensi Contingency
Grup saat ini terlibat dalam proses hukum tertentu. The Group is currently involved in certain legal
Estimasi kemungkinan biaya penyelesaian klaim ini proceedings. The estimate of the probable costs for
telah dikembangkan melalui konsultasi dengan the resolution of this claim has been developed in
penasihat luar dan didasarkan pada analisis potensi consultation with outside counsel handling the
hasil. Grup saat ini tidak yakin sidang ini akan defense in this matter and is based upon an
berdampak material terhadap laporan keuangan analysis of potential results. The Group currently
konsolidasian Grup. Hal ini dimungkinkan, namun, does not believe these proceedings will have a
hasil operasi di masa depan dapat secara material material effect on the Group’s consolidated
dipengaruhi oleh perubahan dalam estimasi atau financial statements. It is possible, however, that
efektivitas strategi dalam melanjutkan sidang ini. future results of operations could be materially
Penjelasan lebih rinci diungkapkan dalam affected by changes in the estimates or in the
Catatan 32. effectiveness of the strategies relating to these
proceeding. Further details are disclosed in
Note 32.
Estimasi dan Asumsi Estimates and Assumptions
Asumsi utama masa depan dan sumber utama The key assumptions concerning the future and
estimasi ketidakpastian lain pada tanggal pelaporan other key sources of estimation uncertainty at the
yang memiliki risiko signifikan mengakibatkan reporting date that have a significant risk of causing
penyesuaian yang material terhadap nilai tercatat a material adjustment to the carrying amounts of
aset dan liabilitas untuk periode berikutnya assets and liabilities within the next financial period
diungkapkan di bawah ini. Grup mendasarkan are disclosed below. The Group based its
asumsi dan estimasi pada parameter yang tersedia assumptions and estimates on parameters
pada saat laporan keuangan konsolidasian disusun. available when the consolidated financial
Asumsi dan situasi mengenai perkembangan masa statements were prepared. Existing circumstances
depan mungkin berubah akibat perubahan pasar and assumptions about future developments may
atau situasi yang di luar kendali Grup. Perubahan change due to market changes or circumstances
tersebut dicerminkan dalam asumsi terkait pada saat arising beyond the control of the Group. Such
terjadinya. changes are reflected in the assumptions when
they occur.
Provisi kerugian kredit ekspektasian atas piutang Provision for expected credit losses of trade
usaha receivables
Grup menerapkan estimasi penyisihan penurunan The Group estimates impairment allowance for
nilai piutang usaha menggunakan pendekatan yang trade receivables using simplified approach of
disederhanakan dari ECL. Matriks provisi digunakan ECL. A provision matrix is used to determine ECL
untuk menghitung ECL untuk piutang usaha dan lain- for trade and other receivables, where the
lain. Tarif provisi didasarkan pada hari tunggakan provision rates are based on days past due for
untuk pengelompokan berbagai segmen pelanggan groupings of various customer segments that have
yang memiliki pola kerugian serupa. similar loss patterns.
88

Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
usaha (lanjutan) receivables (continued)
Efektif mulai 1 Januari 2020 (lanjutan) Effective beginning January 1, 2020 (continued)
Matriks provisi awalnya didasarkan pada riwayat The provision matrix is initially based on the
tingkat kerugian pelanggan. Grup akan melakukan customers historical observed loss rates. The
penyesuaian pengalaman kerugian historis dengan Group will adjust the historical observed loss
informasi berwawasan ke depan. Misalnya, jika experience with forward-looking information. For
prakiraan kondisi ekonomi yang terkait erat dengan instance, if forecast economic conditions closely
riwayat tingkat kerugian diperkirakan akan memburuk related to the historical observed loss are expected
pada tahun berikutnya yang dapat menyebabkan to deteriorate over the next year which can lead to
peningkatan jumlah gagal bayar pada sektor-sektor an increased number of defaults in the sectors
pelanggan beroperasi, riwayat tingkat kerugian where customers are operating, the historical
disesuaikan. Pada setiap tanggal pelaporan, riwayat losses are adjusted accordingly. At every reporting
tingkat gagal bayar yang diamati diperbarui dan date, the historical observed loss rates are updated
perubahan dalam estimasi berwawasan ke depan and changes in the forward-looking estimates are
dianalisis. analyzed.
Evaluasi atas korelasi antara tingkat gagal bayar The assessment of the correlation between
yang diamati secara historis, prakiraan kondisi historical observed loss rates, forecast economic
ekonomi dan ECL, adalah estmasi signifikan. Jumlah conditions and ECLs, is a significant estimate. The
ECL sensitif terhadap perubahan keadaan dan amount of ECLs is sensitive to changes in
prakiraan kondisi ekonomi. Kerugian kredit historis circumstances and of forecast economic
Grup dan perkiraan kondisi ekonomi mungkin tidak conditions. The Group's historical observed loss
mewakili tingkat gagal bayar pelanggan aktual di rate and forecast of economic conditions may not
masa depan. be representative of customer's actual default in
the future.
Evaluasi Individual Individual Assessment
Grup mengevaluasi akun tertentu jika terdapat The Group evaluates specific accounts where it
informasi bahwa pelanggan yang bersangkutan tidak has information that certain customers are unable
dapat memenuhi liabilitas keuangannya. Dalam hal to meet their financial obligations. In these cases,
tersebut, Grup mempertimbangkan, berdasarkan the Group uses judgment, based on the best
fakta dan situasi yang tersedia, termasuk namun available facts and circumstances, including but
tidak terbatas pada, jangka waktu hubungan dengan not limited to, the length of its relationship with the
pelanggan dan status kredit dari pelanggan customer and the customer’s current credit status
berdasarkan catatan kredit dari pihak ketiga dan based on third party credit reports and known
faktor pasar yang telah diketahui, untuk mencatat market factors, to record specific provisions for
penyisihan spesifik atas jumlah piutang pelanggan customers against amounts due to reduce its
guna mengurangi jumlah piutang yang diharapkan receivable amounts that the Group expects to
dapat diterima oleh Grup. collect.
Penyisihan spesifik ini dievaluasi kembali dan These specific provisions are re-evaluated and
disesuaikan jika tambahan informasi yang diterima adjusted as additional information received affects
mempengaruhi jumlah penyisihan atas penurunan the amounts of allowance for impairment of trade
nilai piutang usaha. receivables.
89

usaha (lanjutan) receivables (continued)
Efektif sebelum 1 Januari 2020 (lanjutan) Effective prior to January 1, 2020 (continued)
Evaluasi Kolektif Collective Assessment
Bila Grup memutuskan bahwa tidak terdapat bukti If the Group determines that no objective evidence
obyektif atas penurunan nilai pada evaluasi individual of impairment exists for an individually assessed
atas piutang usaha, baik yang nilainya signifikan trade receivables, whether significant or not, it
maupun tidak, Grup menyertakannya dalam includes the asset in a group of trade receivables
kelompok piutang usaha dengan risiko kredit yang with similar credit risk characteristics, based on
serupa karakteristiknya, yaitu berdasarkan wilayah geographical location of the customers, and
geografis pelanggan, dan melakukan evaluasi collectively assesses them for impairment in
kolektif atas penurunan nilai, berdasarkan umur accordance with their respective age. The
piutang. Karakteristik yang dipilih mempengaruhi characteristics chosen are relevant to the
estimasi arus kas masa depan atas kelompok estimation of future cash flows for groups of such
piutang usaha tersebut karena merupakan indikasi trade receivables by being indicative of the
bagi kemampuan pelanggan untuk melunasi jumlah customers’ ability to pay all amounts due.
terutang.
Cadangan Penurunan Nilai Persediaan Allowance for Decline in Value of Inventories
Penyisihan penurunan nilai persediaan diestimasi Allowance for decline in value of inventories is
berdasarkan fakta dan keadaan yang tersedia, estimated based on the best available facts and
termasuk namun tidak terbatas kepada, kondisi fisik circumstances, including but not limited to, the
persediaan yang dimiliki, harga jual pasar, estimasi physical conditions of the inventories owned, their
biaya penyelesaian dan estimasi biaya yang timbul market selling prices, estimated costs of
untuk penjualan. Provisi dievaluasi kembali dan completion and estimated costs to sell. The
disesuaikan jika terdapat tambahan informasi yang provisions are re-evaluated and adjusted as
mempengaruhi jumlah yang diestimasi. Nilai tercatat additional information received affects the amount
persediaan Grup sebelum cadangan penurunan nilai estimated. The carrying amounts of the Group’s
pasar pada tanggal 31 Desember 2020 dan 2019 inventories before allowance for decline in market
masing-masing sebesar AS$41.126.284 dan values as of December 31, 2020 and 2019
AS$32.081.467. Penjelasan lebih rinci diungkapkan amounted to US$41,126,284 and US$32,081,467,
dalam Catatan 7. respectively. Further details are disclosed in
Note 7.
90

Penyusutan Aset Tetap Depreciation of Fixed Assets
Biaya perolehan aset tetap disusutkan dengan The costs of fixed assets are depreciated on a
menggunakan metode garis lurus dan durasi straight-line basis and duration of use method over
pemakaian berdasarkan taksiran masa manfaat their estimated useful lives and duration.
ekonomis dan durasinya. Manajemen mengestimasi Management estimates the useful lives and
masa manfaat ekonomis dan durasi pemakaian aset duration of use of these fixed assets as disclosed
tetap sebagaimana diungkapkan dalam Catatan 2l. in Note 2l. These are common life expectancies
Ini adalah umur yang secara umum diharapkan applied in the industries where the Group conducts
dalam industri dimana Grup menjalankan bisnisnya. its businesses.
Perubahan tingkat pemakaian dan perkembangan Changes in the expected level of usage and
teknologi dapat mempengaruhi masa manfaat technological development could impact the
ekonomis dan nilai sisa aset, dan karenanya biaya economic useful lives and the residual values of
penyusutan masa depan mungkin direvisi. Nilai these assets, and therefore future depreciation
tercatat neto atas aset tetap Grup sebelum rugi charges could be revised. The net carrying
penurunan nilai pada tanggal 31 Desember 2020 dan amounts of the Group’s fixed assets before
2019 masing-masing sebesar AS$349.568.907 dan impairment losses as of December 31, 2020 and
AS$384.993.988. Penjelasan lebih rinci diungkapkan 2019 amounted to US$349,568,907 and
dalam Catatan 9. US$384,993,988, respectively. Further details are
disclosed in Note 9.
Amortisasi aset takberwujud Amortisation of intangible assets
Grup melakukan penelaahan berkala atas masa The Group performed review of the useful lives of
manfaat ekonomis aset takberwujud berdasarkan the intangible assets periodically, based on
faktor-faktor yang relevan, antara lain, kondisi teknis relevant factors, among others, technical condition
dan perkembangan teknologi di masa depan. and technological development in the future.
Perubahan tingkat pemakaian dan perkembangan Changes in the expected level of usage and
teknologi dapat memengaruhi masa manfaat technological development could impact the
ekonomis dan nilai sisa aset, dan karenanya biaya economic useful lives and the residual values of
amortisasi masa depan mungkin direvisi. these assets, and therefore future amortisation
charges could be revised.
Penyusutan aset hak-guna Depreciation of right-of-use assets
Biaya perolehan aset hak-guna disusutkan dengan The costs of right-of-use assets are depreciated on
metode garis lurus berdasarkan taksiran masa a straight-line basis over their estimated useful
manfaat ekonomisnya. Manajemen mengestimasi lives. Management estimates the useful lives of
masa manfaat ekonomis aset hak-guna antara these leased assets to be within 2 (two) to 5 (five)
2 (dua) sampai dengan 5 (lima) tahun, yang years. These are common life expectancies
merupakan umur yang secara umum diharapkan applied in the industries where the Group conducts
dalam industri dimana Grup menjalankan bisnisnya. its businesses. Changes in the expected level of
Perubahan tingkat pemakaian dan perkembangan usage could impact the economic useful lives and
teknologi dapat memengaruhi masa manfaat the residual values of these assets, and therefore
ekonomis dan nilai sisa aset, dan karenanya biaya future depreciation charges could be revised.
penyusutan masa depan mungkin direvisi.
Entitas anak tertentu menghitung penyusutan untuk Certain subsidiaries computed depreciation for
mesin dan peralatan tertentu, dengan metode durasi certain machinery and equipment, based on
pemakaian. duration of use method.
91

Pajak Penghasilan Income Tax
Pertimbangan signifikan dilakukan dalam Significant judgment is involved in determining the

menentukan provisi atas pajak penghasilan badan. provision for corporate income tax. There are
Terdapat transaksi dan perhitungan tertentu yang certain transactions and computation for which the
penentuan pajak akhirnya adalah tidak pasti dalam ultimate tax determination is uncertain during the
kegiatan usaha normal. ordinary course of business.
Grup mengakui liabilitas atas pajak penghasilan The Group recognizes liabilities for expected
badan berdasarkan estimasi apakah akan terdapat corporate income tax issues based on estimates of
tambahan pajak penghasilan badan. Nilai tercatat whether additional corporate income tax will be
atas utang pajak penghasilan Pasal 25 dan 29 Grup due. The carrying amounts of the Group’s income
berjumlah AS$3.099.113 dan AS$2.226.970 masing- taxes payable under Articles 25 and 29 amounted
masing pada tanggal 31 Desember 2020 dan 2019. to US$3,099,113 and AS$2,226,970 as of
Penjelasan lebih rinci diungkapkan dalam December 31, 2020 and 2019, respectively.
Catatan 21. Further details are disclosed in Note 21.
Realisasi Aset Pajak Tangguhan Realization of Deferred Tax Assets
Grup melakukan penelaahan atas nilai tercatat aset The Group reviews the carrying amounts of
pajak tangguhan pada setiap akhir periode pelaporan deferred tax assets at the end of each reporting
dan mengurangi nilai tersebut sebesar penghasilan period and reduces these to the extent that
kena pajak tersedia untuk penggunaan seluruh atau sufficient taxable income will be available to allow
sebagian dari aset pajak tangguhan tersebut. all or part of the deferred income tax assets to be
Penelaahan Grup atas pengakuan aset pajak utilized. The Group’s assessment on the
tangguhan untuk perbedaan temporer yang dapat recognition of deferred tax assets on deductible
dikurangkan didasarkan atas tingkat dan waktu temporary differences is based on the level and
taksiran penghasilan kena pajak pada periode timing of forecasted taxable income of the
pelaporan berikutnya. subsequent reporting periods.
Taksiran penghasilan kena pajak didasarkan pada The forecast of taxable income is based on the
hasil pencapaian Grup di masa lalu dan ekspektasi di Group’s past results and future expectations on
masa depan terhadap pendapatan dan beban, serta revenues and expenses as well as future tax
strategi perencanaan perpajakan di masa depan. planning strategies. However, there is no
Namun, tidak terdapat kepastian bahwa Grup dapat assurance that the Group will generate sufficient
menghasilkan penghasilan kena pajak yang taxable income to allow all or part of the deferred
memadai untuk memungkinkan penggunaan tax assets to be utilized. The carrying amounts of
sebagian atau seluruh bagian dari aset pajak the Group’s deferred tax assets as of
tangguhan tersebut. Nilai tercatat atas aset pajak December 31, 2020 and 2019 amounted to
tangguhan Grup pada tanggal 31 Desember 2020 US$8,081,328 and US$11,035,769, respectively.
dan 2019 masing-masing sebesar AS$8.081.328 dan Further details are disclosed in Note 21.
AS$11.035.769. Penjelasan lebih rinci diungkapkan
dalam Catatan 21.
Aset pajak tangguhan diakui atas seluruh rugi fiskal Deferred tax assets are recognized for all unused
yang belum digunakan sepanjang besar tax losses to the extent that it is probable that
kemungkinannya bahwa penghasilan kena pajak taxable profit will be available against which the
akan tersedia sehingga rugi fiskal tersebut dapat losses can be utilized. Significant management
digunakan. Estimasi signifikan oleh manajemen estimates are required to determine the amount of
disyaratkan dalam menentukan jumlah aset pajak deferred tax assets that can be recognized, based
tangguhan yang dapat diakui, berdasarkan saat upon the likely timing and the level of future taxable
penggunaan dan tingkat penghasilan kena pajak dan profits, together with future tax planning strategies.
strategi perencanaan pajak masa depan.
92

Ketidakpastian Liabilitas Perpajakan Uncertain Tax Liabilities
Dalam situasi tertentu, Grup tidak dapat menentukan In certain circumstances, the Group may not be
secara pasti jumlah liabilitas pajak mereka pada saat able to determine the exact amount of its current or
ini atau masa depan karena proses pemeriksaan oleh future tax liabilities due to ongoing investigations
otoritas perpajakan yang masih berlangsung. by the taxation authority.
Ketidakpastian timbul terkait dengan interpretasi dari Uncertainties exist with respect to the
peraturan perpajakan yang kompleks dan jumlah dan interpretation of complex tax regulations and the
waktu dari penghasilan kena pajak di masa depan. amount and timing of future taxable income. In
Dalam menentukan jumlah yang harus diakui terkait determining the amount to be recognized in
dengan liabilitas pajak yang tidak pasti, Grup respect of an uncertain tax liability, the Group
menerapkan pertimbangan yang sama yang akan applies similar considerations as it would use in
mereka gunakan dalam menentukan jumlah determining the amount of a provision to be
cadangan yang harus diakui sesuai dengan recognized in accordance with PSAK No. 57
PSAK No. 57 (Revisi 2009), “Provisi, Liabilitas (Revised 2009), “Provisions, Contingent Liabilities
Kontinjensi dan Aset Kontinjensi”. Grup membuat and Contingent Assets”. The Group makes an
analisa untuk semua posisi pajak terkait dengan analysis of all tax positions related to income taxes
pajak penghasilan untuk menentukan apakah to determine whether a tax liability of unrecognized
liabilitas pajak atas beban pajak yang belum diakui tax expense should be recognized.
harus diakui.
Tambang dalam Pengembangan Mines under Construction
Kebijakan akuntansi TIA, MIFA dan BEL (“Grup TIA, MIFA and BEL’s (“Coal Mining Group”)
Pertambangan Batubara”) untuk biaya eksplorasi accounting policy for exploration expenditure
menyebabkan adanya beberapa biaya yang results in certain items of expenditure being
dikapitalisasi untuk suatu daerah pengembangan capitalized for an area of interest where it is
dimana biaya tersebut dianggap dapat dipulihkan considered likely to be recoverable by future
melalui kegiatan eksploitasi di masa depan atau exploitation or sale or where the activities have not
penjualan atau dimana kegiatan belum mencapai yet reached a stage which permits a reasonable
tahap yang memungkinkan penilaian yang wajar atas assessment of the existence of reserves.
keberadaan cadangan.
Kebijakan ini mengharuskan manajemen untuk This policy requires management to make certain
membuat estimasi dan asumsi tertentu sehubungan estimates and assumptions as to future events and
peristiwa dan keadaan di masa depan, khususnya circumstances, in particular whether an
apakah operasi ekstraksi yang ekonomis dapat economically viable extraction operation can be
dilaksanakan. Setiap perkiraan dan asumsi tersebut established. Any such estimates and assumptions
dapat berubah seiring tersedianya informasi baru. may change as new information becomes
Jika, setelah biaya dikapitalisasi, kemungkinan kecil available. If, after having capitalized the
biaya dapat dipulihkan, maka biaya yang expenditure under the policy, a judgment is made
dikapitalisasi tersebut dibebankan dalam laporan that recovery of the expenditure is unlikely, the
laba rugi dan penghasilan komprehensif lain capitalized amount will be charged to the
konsolidasian. consolidated statement of profit or loss and other
comprehensive income.
93

Tambang dalam Pengembangan (lanjutan) Mines under Construction (continued)
Kegiatan pengembangan dimulai setelah dilakukan Development activities commence after project
pengesahan proyek oleh tingkat manajemen yang acknowledgement by the appropriate level of
berwenang. Manajemen melakukan pertimbangan management. Judgment is applied by
untuk menentukan kapan suatu proyek layak management in determining when a project is
dikembangkan secara ekonomis. Dalam economically viable. In exercising this judgment,
melaksanakan pertimbangan tersfebut, manajemen management is required to make certain estimates
perlu membuat estimasi dan asufmsi tertentu seperti and assumptions similar to those described above
yang dijelaskan di atas untuk biaya eksplorasi yang for capitalized exploration expenditure. Any such
dikapitalisasi. Setiap estimasi dan asumsi tersebut estimates and assumptions may change as new
dapat berubah seiring tersedianya informasi baru. information becomes available. If, after having
Jika, setelah memulai kegiatan pengembangan, commenced the development activity, a judgment
dinilai bahwa terdapat penurunan nilai aset is made that a development asset is impaired, the
pengembangan, jumlah penurunan nilai akan appropriate amount will be charged to the
dibebankan dalam laporan laba rugi dan penghasilan consolidated statement of profit or loss and other
komprehensif lain konsolidasian. Penjelasan lebih comprehensive income. Further details are
rinci diungkapkan dalam Catatan 10. disclosed in Note 10.
Estimasi Cadangan Reserve Estimates
Cadangan merupakan estimasi jumlah batubara Reserves are estimates of the quantity of coal that
yang dapat diekstraksi secara ekonomis dan legal can be economically and legally extracted from the
dari wilayah kuasa pertambangan milik Grup Coal Mining Group’s mining authorization areas.
Pertambangan Batubara.
Grup Pertambangan Batubara menentukan dan The Coal Mining Group determines and reports its
melaporkan cadangan batubara berdasarkan prinsip- coal reserves under the principles incorporated in
prinsip yang terkandung dalam “Standar Nasional the “Standar Nasional Indonesia”. In order to
Indonesia”. Dalam memperkirakan cadangan estimate coal reserves, assumptions are required
batubara diperlukan beberapa asumsi seperti faktor about a range of geological, technical and
geologi, teknis dan ekonomi, termasuk jumlah, teknik economic factors, including quantities, production
produksi, rasio pengupasan tanah, biaya produksi, techniques, stripping ratio, production costs,
biaya transportasi, permintaan komoditas, harga transport costs, commodity demand, commodity
komoditas dan nilai tukar mata uang. prices and exchange rates.
Karena asumsi-asumsi ekonomi yang digunakan Due to the economic assumptions used to estimate
dalam membuat estimasi cadangan berubah dari reserves change from period to period, and
waktu ke waktu dan karena tambahan data geologis because additional geological data are generated
dihasilkan selama periode operasi, maka jumlah during the course of operations, estimates of
estimasi cadangan dapat berubah dari waktu ke reserves may change from period to period.
waktu. Perubahan cadangan yang dilaporkan dapat Changes in reported reserves may affect the Coal
mempengaruhi hasil dan posisi keuangan Grup Mining Group’s financial results and positions in a
Pertambangan Batubara dalam berbagai cara, di number of ways, including the following:
antaranya:
· Penyusutan dan amortisasi yang dibebankan · Depreciation and amortization charged in the
dalam laporan laba rugi dan penghasilan consolidated statement of profit or loss and
komprehensif lain konsolidasian dapat berubah other comprehensive income may change
jika biaya tersebut ditentukan berdasarkan basis where such charges are determined on the
unit produksi. units-of-production basis.
94

Estimasi Cadangan (lanjutan) Reserve Estimates (continued)
Karena asumsi-asumsi ekonomi yang digunakan Due to the economic assumptions used to
dalam membuat estimasi cadangan berubah dari estimate reserves change from period to period,
waktu ke waktu dan karena tambahan data geologis and because additional geological data are
dihasilkan selama periode operasi, maka jumlah generated during the course of operations,
estimasi cadangan dapat berubah dari waktu ke estimates of reserves may change from period to
waktu. Perubahan cadangan yang dilaporkan dapat period. Changes in reported reserves may affect
mempengaruhi hasil dan posisi keuangan Grup the Coal Mining Group’s financial results and
Pertambangan Batubara dalam berbagai cara, di positions in a number of ways, including the
antaranya: (lanjutan) following: (continued)
· Provisi untuk pengelolaan dan reklamasi · Provision for environmental and reclamation
lingkungan hidup dapat berubah karena costs may change where changes in estimated
perubahan estimasi cadangan mempengaruhi reserves affect expectations about the timing or
ekspektasi atas saat atau biaya kegiatan- cost of these activities.
kegiatan tersebut.
Provisi untuk Biaya Pengelolaan dan Reklamasi Provision for Environmental and Reclamation
Lingkungan Hidup Costs
Kebijakan akuntansi Grup Pertambangan Batubara The Coal Mining Group’s accounting policy for the
dalam pengakuan nilai provisi untuk biaya recognition of provision for environmental and
pengelolaan dan reklamasi lingkungan hidup reclamation costs requires significant estimates
membutuhkan estimasi dan asumsi yang signifikan, and assumptions, such as requirements of the
seperti persyaratan hukum dan regulasi yang relevant legal and regulatory framework, and the
relevan, serta waktu, cakupan dan biaya yang timing, extent and costs of required environmental
dibutuhkan untuk kegiatan pengelolaan dan and reclamation activity. These uncertainties may
reklamasi lingkungan hidup. Ketidakpastian ini dapat result in future actual expenditure differing from the
menimbulkan perbedaan atas biaya aktual dimasa amounts currently provided.
mendatang dengan jumlah yang dicadangkan saat
ini.
Pencadangan yang diakui untuk setiap lokasi ditinjau The provision recognized for each location is
dan diperbarui secara berkala berdasarkan pada periodically reviewed and updated based on the
fakta dan keadaan pada saat itu. Saldo provisi ini facts and circumstances available at that time. The
dicatat sebagai bagian dari “Provisi untuk Kewajiban balance of the provision is recorded as part of
Restorasi Lingkungan”. Penjelasan lebih rinci “Provision for Environmental Restoration
diungkapkan dalam Catatan 18. Obligation”. Further details are disclosed in
Note 18.
95

Biaya Pengupasan Tangguhan Deferred Stripping Costs
Biaya pengupasan tanah yang ditangguhkan Stripping costs are amortized over the life of the
diamortisasi selama umur tambang berdasarkan mine on a units of production basis. Where a mine
pada unit produksi. Ketika kegiatan penambangan operates several open pits that are regarded as
mengoperasikan beberapa pit terbuka yang separate operations for the purpose of mine
dianggap sebagai operasi terpisah untuk tujuan planning, initial stripping costs are accounted for
perencanaan tambang, biaya pengupasan tanah separately by reference to the coal seam from each
awal dicatat secara terpisah dengan mengacu pada separate pit. If, however, the pits are highly
coal seam dari setiap pit yang terpisah. Namun, jika integrated, the initial stripping of the second and
pit tersebut saling terintegrasi, maka biaya subsequent pits is considered to be production
pengupasan tanah awal dari pit kedua dan phase stripping. The Group’s determination of
selanjutnya dianggap sebagai pengupasan tanah whether multiple pit mines are considered separate
tahap produksi. Penentuan Grup apakah beberapa or integrated operations depends on each mine’s
tambang dianggap sebagai operasi terpisah atau specific circumstances.
terintegrasi tergantung pada keadaan spesifik setiap
tambang.
Tanggal Mulai Produksi Production Start Date
Grup Pertambangan Batubara menilai kondisi setiap The Coal Mining Group assesses the stage of each
tambang dalam tahap pengembangan untuk mine under development to determine when a
menetapkan kapan suatu tambang dipindahkan ke mine moves into the production stage, being the
tahap produksi yaitu saat dimana tambang tersebut time when the mine is substantially developed and
secara substansial telah dikembangkan dan siap ready for commercial production. The criteria used
untuk berproduksi secara komersial. Kriteria yang to assess the start date of production are
digunakan untuk menentukan tanggal mulai produksi determined based on the unique nature of each
didasarkan pada kondisi masing-masing tambang, mine construction project, such as the complexity
seperti kompleksitas dan lokasi tambang yang of a plant and its location. The Group considers
dimaksud. Grup mempertimbangkan beberapa various relevant criteria to assess when the
kriteria dalam menentukan kapan tahap produksi production phase is considered to commence and
dapat dimulai dan mereklasifikasi nilai terkait dari all related amounts are reclassified from
“Biaya Eksplorasi dan Pengembangan Tambang “Deferred Mining Exploration and Development
Ditangguhkan Sehubungan dengan Daerah Costs Related to Area of Interest which have not
Pengembangan yang belum Mencapai Tahap yet Reached the Commercial Production Stage” to
Produksi Komersial” menjadi “Biaya Eksplorasi dan “Deferred Mining Exploration and Development
Pengembangan Tambang Ditangguhkan Costs related to Areas of Interest which have
Sehubungan dengan Daerah Pengembangan Reached the Commercial Production Stage”.
(“Area of Interest”) yang telah Mencapai Tahap
Produksi Komersial”.
96

Tanggal Mulai Produksi (lanjutan) Production Start Date (continued)
Berikut beberapa kriteria yang digunakan, termasuk Some of the criteria used will include, but are not
namun tidak terbatas: limited to, the following:
· Besaran belanja modal yang telah terjadi · Level of capital expenditure incurred
dibandingkan dengan estimasi biaya konstruksi compared to the original construction cost
awal; estimates;
· Penyelesaian periode pengujian yang memadai · Completion of a reasonable period of testing of

atas tambang beserta peralatannya; the mine plant and equipment;
· Kemampuan untuk memproduksi hasil tambang · Ability to produce metal in saleable form
dalam bentuk siap jual (dengan spesifikasi (within specifications);and
tertentu); dan
· Kemampuan untuk mempertahankan · Ability to sustain ongoing production.

kesinambungan produksi.
Pada saat sebuah tambang dalam tahap When a mine development/construction project
pengembangan/konstruksi dipindahkan ke tahap moves into the production stage, the capitalization
produksi, kapitalisasi biaya pengembangan tambang of certain mine development/construction costs
dihentikan dan biaya yang timbul dicatat sebagai ceases and costs are either regarded as forming
bagian dari beban pokok pendapatan, kecuali untuk part of the cost of revenue, except for costs that
biaya yang memenuhi kriteria untuk dikapitalisasi qualify for capitalization relating to mining asset
sehubungan dengan penambahan atau additions or improvements or mineable reserve
pengembangan properti pertambangan atau development. It is also at this point that
pengembangan cadangan tambang. Pada tahap ini depreciation/amortization commences.
penyusutan/amortisasi dimulai.
Nilai Wajar dari Instrumen Keuangan Fair Value of Financial Instruments
Ketika nilai wajar dari aset keuangan dan liabilitas When the fair value of financial assets and financial
keuangan dicatat dalam laporan posisi keuangan liabilities recorded in the consolidated statement of
konsolidasian tidak dapat diperoleh dari pasar yang financial position cannot be derived from active
aktif, maka nilai wajarnya ditentukan dengan markets, their fair value is determined using
menggunakan teknik penilaian termasuk model valuation techniques including the “discounted
“discounted cash flow”. Masukan untuk model cash flow” model. The inputs to these models are
tersebut dapat diambil dari pasar yang dapat taken from observable markets where possible, but
diobservasi, tetapi apabila hal ini tidak dimungkinkan, where this is not feasible, a degree of judgment is
pertimbangan disyaratkan dalam menetapkan nilai required in establishing fair values. The judgments
wajar. Pertimbangan tersebut mencakup include considerations of inputs such as liquidity
penggunaan masukan seperti risiko likuiditas, risiko risk, credit risk and volatility. Changes in
kredit dan volatilitas. Perubahan dalam asumsi assumptions about these factors could affect the
mengenai faktor-faktor tersebut dapat reported fair value of financial instruments.
mempengaruhi nilai wajar dari instrumen keuangan
yang dilaporkan.
97

Pensiun dan Imbalan Kerja Pension and Employee Benefits
Penentuan kewajiban dan biaya pensiun dan The determination of the Group’s obligations and
liabilitas imbalan kerja karyawan Grup bergantung cost for pension and liability for employee benefits
pada pemilihan asumsi yang digunakan oleh aktuaris is dependent on its selection of certain
independen dalam menghitung jumlah-jumlah assumptions used by the independent actuaries in
tersebut. Asumsi tersebut termasuk antara lain, calculating such amounts. Those assumptions
tingkat diskonto, tingkat kenaikan gaji tahunan, include discount rates, future annual salary
tingkat pengunduran diri karyawan tahunan, tingkat increase, annual employee turn-over rate, disability
kecacatan, umur pensiun dan tingkat kematian. rate, retirement age and mortality rate.
Parameter yang paling sering mengalami perubahan The parameter most subject to change is the
adalah tingkat diskonto. Dalam menentukan tingkat discount rate. In determining the appropriate
diskonto yang sesuai, manajemen discount rate, management considers the market
mempertimbangkan hasil pasar (pada akhir periode yields (at the end of the reporting period) on
pelaporan) pada obligasi pemerintah dan government bonds and extrapolated as needed
diekstrapolasi sebagaimana diperlukan sepanjang along the yield curve to correspond with the
kurva imbalan (yield curve) untuk memenuhi jangka expected term of the defined benefit obligation. The
waktu yang diharapkan dari kewajiban imbalan pasti. currency and term of the government bonds are
Mata uang dan jangka waktu obligasi pemerintah consistent with the currency and estimated term of
konsisten dengan mata uang dan estimasi jangka the post-employment benefit obligations.
waktu dari kewajiban imbalan pasca kerja.
Angka kematian didasarkan pada Tabel Mortalitas The mortality rate is based on Indonesian Mortality
Indonesia (“TMI”) 2019. Tabel mortalitas tersebut Table (“TMI”) 2019. Those mortality tables tend to
cenderung berubah hanya pada interval yang sejalan change only at intervals in response to
dengan perubahan demografi. Tingkat kenaikan demographic changes. Salary growth rate is based
penghasilan didasarkan pada inflasi yang diharapkan on expected future inflation, productivity and
di masa depan, produktivitas dan kemajuan normal normal progress of employees within a given group
karyawan dalam suatu kelompok tertentu dan and promotions.
promosi.
Nilai tercatat atas liabilitas imbalan kerja jangka The carrying amounts of the Group’s long-term
panjang Grup pada tanggal 31 Desember 2020 dan employee benefits liability as of
2019 masing-masing sebesar AS$23.677.465 dan December 31, 2020 and 2019 amounted to
AS$18.969.859. Penjelasan lebih rinci diungkapkan US$23,677,465 and US$18,969,859, respectively.
dalam Catatan 29. Further details are disclosed in Note 29.
98

Penurunan Nilai Aset Non-keuangan Impairment of Non-financial Assets
Penurunan nilai terjadi ketika nilai tercatat dari aset Impairment exists when the carrying value of an
atau UPK melebihi nilai terpulihkannya, yang lebih asset or CGU exceeds its recoverable amount,
tinggi dari nilai wajar dikurangi biaya untuk menjual which is the higher of its fair value less costs to sell
dan nilai pakai. Perhitungan nilai wajar dikurangi and its value in use. The fair value less costs to sell
biaya untuk menjual berdasarkan data yang tersedia calculation is based on available data from binding
dari transaksi penjualan yang mengikat dalam sales transactions in an arm’s length transaction of
sebuah transaksi wajar dari aset serupa atau harga similar assets or observable market prices less
pasar yang dapat diobservasi dikurangi biaya incremental costs for disposing the asset. The
pelepasan untuk menjual aset tersebut. Perhitungan value in use calculation is based on a discounted
nilai pakai berdasarkan pada model arus kas yang cash flow model. The cash flows data are derived
didiskontokan. Data arus kas diambil dari anggaran from budget for the next five years and do not
untuk lima tahun yang akan datang dan tidak include restructuring activities that the Group is not
termasuk aktivitas restrukturisasi yang belum yet committed to or significant future investments
dilakukan oleh Grup atau investasi signifikan di masa that will enhance the asset’s performance of the
datang yang akan memutakhirkan kinerja aset dari CGU being tested. The recoverable amount is most
UPK yang diuji. Nilai terpulihkan paling dipengaruhi sensitive to the discount rate used for the
oleh tingkat diskonto yang digunakan dalam model discounted cash flow model as well as the
arus kas yang didiskontokan, sebagaimana juga expected future cash inflows and the growth rate
jumlah arus kas masuk di masa datang yang used for extrapolation purposes.
diharapkan dan tingkat pertumbuhan yang digunakan
untuk tujuan ekstrapolasi.
Selain aset tetap tertentu, properti pertambangan, Other than certain fixed assets, mining properties,
aset takberwujud dan aset tidak lancar yang dimiliki intangible assets and non-current assets held for
untuk dijual yang telah terjadi penurunan nilai sale deemed to be impaired (Notes 9, 10, 11 and
(Catatan 9, 10, 11 dan 13), pada tanggal 13), as of December 31, 2020 and 2019,
31 Desember 2020 dan 2019, manajemen management believes that there are no events or
berkeyakinan bahwa tidak ada peristiwa atau changes in circumstances that may indicate any
perubahan keadaan yang mengindikasikan impairment of non-financial assets value.
penurunan nilai aset non-keuangan.
99
4. KAS DAN SETARA KAS 4. CASH AND CASH EQUIVALENTS
Akun ini terdiri dari: This account consists of:

Kas Cash on hand
Rupiah 50.995 40.112 Rupiah
Dolar Amerika Serikat 145 133 United States dollar
Sub-total 51.140 40.245 Sub-total
Bank Cash in banks

Dolar Amerika Serikat United States dollar
PT Bank OCBC NISP Tbk 30.040.206 20.251.142 PT Bank OCBC NISP Tbk
PT Bank ANZ Indonesia 19.180.963 25.602.074 PT Bank ANZ Indonesia
The Bank of New York Mellon, AS 10.396.748 10.462.922 The Bank of New York Mellon, USA
PT Bank Mandiri (Persero) Tbk 6.767.179 7.138.965 PT Bank Mandiri (Persero) Tbk
PT Bank DBS Indonesia 37.762 85.155 PT Bank DBS Indonesia
Standard Chartered Bank, Indonesia 34.362 5.074.705 Standard Chartered Bank, Indonesia
PT Bank Permata Tbk 3.298 3.435 PT Bank Permata Tbk
Citibank N.A., Indonesia 1.846 1.850 Citibank N.A., Indonesia
PT Bank UOB Indonesia 997 - PT Bank UOB Indonesia
PT Bank Tabungan Pensiunan PT Bank Tabungan Pensiunan
Nasional Tbk - 39.539 Nasional Tbk
Lain-lain 491 7.012 Others
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 17.550.470 5.539.068 PT Bank Mandiri (Persero) Tbk
PT Bank ANZ Indonesia 4.795.731 5.460.900 PT Bank ANZ Indonesia
PT Bank Negara Indonesia (Persero) Tbk 728.173 814.968 PT Bank Negara Indonesia (Persero) Tbk
PT Bank DBS Indonesia 365.290 777.640 PT Bank DBS Indonesia
Citibank N.A., Indonesia 243.017 95.160 Citibank N.A., Indonesia
PT Bank Permata Tbk 219.014 260.242 PT Bank Permata Tbk
PT Bank Mandiri Syariah Tbk 56.631 - PT Bank Mandiri Syariah Tbk
Standard Chartered Bank, Indonesia 16.140 11.214 Standard Chartered Bank, Indonesia
PT Bank OCBC NISP Tbk 3.443 3.523 PT Bank OCBC NISP Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 850 3.756 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank UOB Indonesia 698 - PT Bank UOB Indonesia
Nasional Tbk 149 184 Nasional Tbk
Lain-lain 233 14.236 Others
Dolar Singapura Singapore dollar
PT Bank Mandiri (Persero) Tbk 207.698 137.614 PT Bank Mandiri (Persero) Tbk
Euro Euro
Citibank N.A., Indonesia 280 262 Citibank N.A., Indonesia
Mata uang lainnya 2.243 2.145 Other foreign currency
Deposito berjangka Time deposits

Rupiah Rupiah
Nasional Tbk 18.153.373 10.620.085 Nasional Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 210.799 9.245.710 (Persero) Tbk
PT Bank OCBC NISP Tbk 27.825 36.524 PT Bank OCBC NISP Tbk
PT Bank Permata Tbk - 74.235 PT Bank Permata Tbk
Total 109.212.396 101.923.463 Total
Tingkat suku bunga deposito berjangka per tahun The ranges of interest rates on time deposits per
adalah sebagai berikut: annum are as follows:
Dolar Amerika Serikat - 1,80% - 3,30% United States dollar

Rupiah 3,50% - 8,00% 5,30% - 8,25% Rupiah
100
4. KAS DAN SETARA KAS (lanjutan) 4. CASH AND CASH EQUIVALENTS (continued)
Pada tanggal 31 Desember 2020 dan 2019, tidak As of December 31, 2020 and 2019, there are no
terdapat saldo kas dan setara kas yang ditempatkan cash and cash equivalents balances placed to any
kepada pihak berelasi. related party.
Pada tanggal 31 Desember 2020 dan 2019, As of December 31, 2020 and 2019, certain funds
sejumlah dana tertentu yang ditempatkan di placed in The Bank of New York Mellon, USA
The Bank of New York Mellon, AS (“BNYM”), (“BNYM”), represents minimum funds that should
merupakan jumlah dana minimum yang harus be maintain in connection with Group’s bonds
dipertahankan sehubungan dengan utang obligasi payable (Note 20).
Grup (Catatan 20).
5. ASET KEUANGAN LANCAR LAINNYA 5. OTHER CURRENT FINANCIAL ASSETS

Deposito berjangka Time deposits

Pihak ketiga Third party
Rupiah Rupiah
PT Bank Permata Tbk 73.161 - PT Bank Permata Tbk
Kas di bank yang dibatasi penggunaannya Restricted cash in bank

Pihak ketiga Third party
Rupiah Rupiah
Total 125.224 3.992 Total
Tingkat suku bunga deposito berjangka per tahun The interest rates on time deposits per annum is as
adalah sebagai berikut: follows:

Rupiah 5,50% - Rupiah
Deposito berjangka yang ditempatkan merupakan Time deposits which are placed represents time
deposito berjangka dengan jatuh tempo lebih dari deposits with maturity more than
3 (tiga) bulan. 3 (three) months.
Pada tanggal 31 Desember 2020 dan 2019, saldo kas As of December 31, 2020 and 2019, CKB’s cash
milik CKB pada PT Bank Mandiri (Persero) Tbk balance in PT Bank Mandiri (Persero) Tbk
masing-masing sebesar Rp734 juta (setara dengan amounting to Rp734 million (equivalent to
AS$52.063) dan Rp55 juta (setara dengan AS$3.992) US$52,063) and Rp55 million (equivalent to
dibatasi penggunaannya khusus untuk pembayaran US$3,992), respectively, are restricted and solely
surat keterangan fiskal (tax clearance) sehubungan used for the payments of tax clearance in
dengan proses pengeluaran barang di pelabuhan. connection with goods handling activities in port.
101
6. PIUTANG USAHA - NETO 6. TRADE RECEIVABLES - NET
Piutang usaha terdiri dari: Trade receivables consists of:

Piutang usaha Trade receivables
Cadangan kerugian penurunan nilai (51.528.682) (47.793.060) Allowance for impairment losses
Piutang usaha - pihak ketiga - neto 105.289.651 77.698.053 Trade receivables - third parties - net
Pihak berelasi (Catatan 30) 34.223.351 30.277.899 Related parties (Note 30)
Cadangan kerugian penurunan nilai (898.150) (802.394) Allowance for impairment losses
Piutang usaha - pihak berelasi - neto 33.325.201 29.475.505 Trade receivables - related parties - net
Piutang usaha - neto 138.614.852 107.173.558 Trade receivables - net
Rincian piutang usaha pihak ketiga berdasarkan The details of trade receivables from third parties
pelanggan adalah sebagai berikut: based on customers are as follows:

PT Binuang Mitra Bersama Blok Dua 26.670.640 2.996.508 PT Binuang Mitra Bersama Blok Dua
PT Tunas Muda Jaya 21.394.157 21.419.855 PT Tunas Muda Jaya
PT Rinjani Kartanegara 19.594.995 19.664.500 PT Rinjani Kartanegara
Mulia Green Resources Pte. Ltd., Singapura 14.823.247 9.873.689 Mulia Green Resources Pte. Ltd., Singapore
PT Bungo Bara Utama 6.901.801 3.863.314 PT Bungo Bara Utama
PT Dizamatra Powerindo 6.670.456 1.710.205 PT Dizamatra Powerindo
PT Energi Batubara Lestari 6.020.094 - PT Energi Batubara Lestari
PT Freeport Indonesia 5.927.758 7.668.110 PT Freeport Indonesia
PT Bangun Olahsarana Sukses 4.174.921 4.212.412 PT Bangun Olahsarana Sukses
China Bai Gui International Trade Ltd., China Bai Gui International Trade Ltd.,
Hong Kong 3.704.564 4.849.083 Hong Kong
PT Realita Jaya Mandiri 3.426.506 3.436.488 PT Realita Jaya Mandiri
PT Mahaguna Karya Indonesia 2.734.947 - PT Mahaguna Karya Indonesia
PT Kaltim Prima Coal 2.585.499 6.131.751 PT Kaltim Prima Coal
PT Karya Cemerlang Persada 2.426.896 542.248 PT Karya Cemerlang Persada
PT Solusi Bangun Indonesia Tbk 1.793.751 873.290 PT Solusi Bangun Indonesia Tbk
China Coal Solution Pte. Ltd., Singapura 1.782.438 - China Coal Solution Pte. Ltd., Singapore
PT Amman Mineral Nusa Tenggara 1.476.256 1.389.478 PT Amman Mineral Nusa Tenggara
PT Vale Indonesia Tbk 1.366.907 1.713.599 PT Vale Indonesia Tbk
PT Antang Gunung Meratus 1.320.965 4.897.090 PT Antang Gunung Meratus
Swiss Singapore Overseas Swiss Singapore Overseas
Enterprises Pte. Ltd., Singapura 1.289.767 - Enterprises Pte. Ltd., Singapore
PT Semen Tonasa 1.223.119 1.682.623 PT Semen Tonasa
Agro Energy Trading Pte. Ltd. 1.164.218 - Agro Energy Trading Pte. Ltd.
PT PLN Batubara 1.142.632 3.027 PT PLN Batubara
PT PLN (Persero) 72.101 3.353.582 PT PLN (Persero)
Sky Trade FZE., UEA 28.153 1.140.013 Sky Trade FZE., UAE
PT Muara Alam Sejahtera - 3.847.648 PT Muara Alam Sejahtera
PT Bukit Baiduri Energi - 1.680.327 PT Bukit Baiduri Energi
Lain-lain (masing-masing Others (below
di bawah AS$1.000.000) 17.101.545 18.542.273 US$1,000,000 each)
Total 156.818.333 125.491.113 Total
102
6. PIUTANG USAHA - NETO (lanjutan) 6. TRADE RECEIVABLES - NET (continued)
Rincian piutang usaha berdasarkan mata uang The details of trade receivables based on
adalah sebagai berikut: currencies are as follows:

Rupiah 99.062.029 77.954.703 Rupiah
Dolar Amerika Serikat 91.979.655 77.781.908 United States dollar
Lain-lain - 32.401 Others
Total 191.041.684 155.769.012 Total

Neto 138.614.852 107.173.558 Net
Rincian umur piutang usaha adalah sebagai berikut: The details of aging of the trade receivables are as
follows:

Belum jatuh tempo 118.148.809 93.860.732 Not past due
Lewat jatuh tempo: Overdue:
1 - 30 hari 9.372.837 9.817.953 1 - 30 days
31 - 60 hari 9.431.625 2.371.613 31 - 60 days
61 - 90 hari 2.305.431 1.329.248 61 - 90 days
Lebih dari 90 hari 51.782.982 48.389.466 More than 90 days
Total 191.041.684 155.769.012 Total

Neto 138.614.852 107.173.558 Net
Mutasi cadangan kerugian kredit ekspektasian The movements of allowance for expected credit
piutang usaha adalah sebagai berikut: losses on trade receivables are as follows:
Tahun yang Berakhir pada 31 Desember 2020/

Year Ended December 31, 2020
Individual/ Kolektif/
Individual Collective Total/Total
Saldo awal 48.470.069 125.385 48.595.454 Beginning balance
Penerapan PSAK 71 1.290.117 - 1.290.117 Adoption of PSAK 71
Penyisihan selama tahun berjalan
(Catatan 28) 4.886.494 37.796 4.924.290 Provision during the year (Note 28)
Pembalikan selama tahun berjalan
(Catatan 28) (2.091.205) (92.546) (2.183.751) Reversal during the year (Note 28)
Selisih translasi (195.316) (3.962) (199.278) Translation difference
Saldo akhir 52.360.159 66.673 52.426.832 Ending balance
103
6. PIUTANG USAHA - NETO (lanjutan) 6. TRADE RECEIVABLES - NET (continued)
Mutasi cadangan kerugian kredit ekspektasian The movements in the allowance for expected
piutang usaha adalah sebagai berikut: (lanjutan) credit losses on trade receivables are as follows:
(continued)
Tahun yang Berakhir pada 31 Desember 2019/

Individual/ Kolektif/
Individual Collective Total/Total
Saldo awal 53.163.973 182.492 53.346.465 Beginning balance
Penyisihan selama tahun berjalan
(Catatan 28) 153.043 - 153.043 Provision during the year (Note 28)
Pembalikan selama tahun berjalan
(Catatan 28) (2.172.702) (56.503) (2.229.205) Reversal during the year (Note 28)
Penghapusan (3.009.342) - (3.009.342) Write-off
Selisih translasi 335.097 (604) 334.493 Translation difference
Saldo akhir 48.470.069 125.385 48.595.454 Ending balance
Di bawah ini adalah informasi tentang eksposur risiko Set out below is the information about the credit
kredit atas piutang usaha Grup pada tanggal risk exposure on the Group’s trade receivables as
31 Desember 2020 menggunakan matriks provisi: of December 31, 2020 using a provision matrix:
Tingkat
kerugian kredit Jumlah Kerugian
ekspektasian/ tercatat default/ kredit ekspektasian/
Expected Carrying amount Expected
credit loss at default credit loss
Belum jatuh tempo 4,50% 118.148.809 5.316.696 Not past due

Penyisihan selama tahun berjalan Overdue:
1 - 30 hari 6,62% 9.372.837 620.405 1 - 30 days
31 - 60 hari 0,81% 9.431.625 76.209 31 - 60 days
61 - 90 hari 2,00% 2.305.431 46.223 61 - 90 days
Lebih dari 90 hari 89,54% 51.782.982 46.367.299 More than 90 days
Total 191.041.684 52.426.832 Total
CK telah menandatangani “Perjanjian Penyelesaian CK has signed “Debt Settlement Agreement”

Utang” bersama beberapa pelanggan terkait with several customers with regards to
restrukturisasi atas piutang usaha. Pada tanggal restructuring of trade receivables. As of
31 Desember 2020 dan 2019, saldo December 31, 2020 and 2019, the balance of such
piutang tersebut masing-masing sebesar receivables amounted to US$Nil and
AS$Nihil dan AS$4.892.004. US$4,892,004, respectively.
Berdasarkan hasil penelaahan individual dan kolektif Based on the individual and collective assessment
atas saldo piutang usaha pada tanggal on the outstanding receivables as of
31 Desember 2020 dan 2019, manajemen Grup December 31, 2020 and 2019, the Group’s
berpendapat bahwa cadangan kerugian penurunan management believes that the allowance for
nilai piutang usaha yang dibentuk adalah cukup impairment losses of trade receivables is adequate
untuk menutup kemungkinan kerugian atas tidak to cover possible losses from uncollectible
tertagihnya piutang usaha. accounts.
104
7. PERSEDIAAN - NETO 7. INVENTORIES - NET

Bahan baku dan barang setengah jadi 14.500.345 14.238.081 Raw materials and semi-finished goods
Batubara 14.020.908 5.069.846 Coal
Suku cadang 7.731.212 8.792.535 Spare parts
Barang dalam proses 3.793.743 3.742.720 Work in process
Lain-lain 1.080.076 238.285 Others
Total 41.126.284 32.081.467 Total

Cadangan atas keusangan persediaan (3.410.867) (2.347.499) Allowance for obsolescence of inventories
Persediaan - neto 37.715.417 29.733.968 Inventories - net
Mutasi cadangan atas keusangan persediaan adalah The movements of allowance for obsolescence of
sebagai berikut: inventories are as follows:
Tahun yang Berakhir pada Tanggal

31 Desember/
2020 2019
Saldo awal 2.347.499 2.984.653 Beginning balance

Penyisihan selama tahun berjalan 1.451.582 942.105 Provision during the year
Pembalikan selama tahun berjalan (381.559) (1.689.670) Reversal during the year
Selisih translasi (6.655) 110.411 Translation difference
Saldo akhir 3.410.867 2.347.499 Ending balance
Berdasarkan hasil penelaahan terhadap kondisi Based on the assessment of the condition of
persediaan pada setiap akhir tahun, manajemen inventories at the end of each year, the Group’s
Grup berpendapat bahwa cadangan atas keusangan management believes that the allowance for
persediaan adalah cukup untuk menutupi obsolescence of inventories is adequate to cover
kemungkinan kerugian penurunan nilai yang possible losses that may arise from non-
mungkin timbul dari tidak terpulihkannya persediaan recoverability of slow-moving inventories.
yang lambat pergerakannya.
Pada tanggal 31 Desember 2020 dan 2019, As of December 31, 2020 and 2019, certain
persediaan tertentu milik entitas anak tertentu telah inventories of certain subsidiaries are covered by
diasuransikan terhadap risiko kebakaran dan risiko insurance against losses by fire and other risks
lainnya dengan nilai pertanggungan masing-masing totalling to US$22,127,870 and US$22,571,006,
sebesar AS$22.127.870 dan AS$22.571.006. respectively. The Group’s management believes
Manajemen Grup berkeyakinan bahwa nilai tersebut that the above coverage is sufficient to cover
cukup untuk menutupi kerugian yang mungkin timbul possible losses arising from those risks.
dari risiko-risiko tersebut.
105
8. INVESTASI PADA SAHAM 8. INVESTMENT IN SHARES
Rincian investasi pada saham adalah sebagai The details of investment in shares are as follows:
berikut:
PT Multi Harapan Utama 19.889.390 60.000.000 PT Multi Harapan Utama

PT Sumberdaya Sewatama 139.480 139.480 PT Sumberdaya Sewatama
Total 20.028.870 60.139.480 Total
PT Multi Harapan Utama (“MHU”) PT Multi Harapan Utama (“MHU”)
Pada tanggal 31 Oktober 2019, ANN melakukan On October 31, 2019, ANN made a strategic
investasi strategis senilai AS$60.000.000 pada investment of US$60,000,000 in MHU, a related
MHU, pihak berelasi, yang memiliki konsesi batubara party, which has a coal concession located in the
berlokasi di Provinsi Kalimantan Timur. ANN memiliki Province of East Kalimantan. ANN has 10%
komposisi kepemilikan sebesar 10% dengan total ownership with total of 551 shares consisting of
551 lembar saham yang terdiri dari 1 lembar saham 1 share Series B and 550 shares Series C. In
Seri B dan 550 lembar saham Seri C. Sehubungan relation with ANN’s Investment to MHU, ANN and
dengan investasi ini, ANN dan CK juga CK also signed the Consultation Fee Agreement
menandatangani Kontrak Jasa Konsultasi dan and Amendment I of Mining Services Contract with
Amendemen I atas Kontrak Jasa Pertambangan MHU (Note 30).
dengan MHU (Catatan 30).
Transaksi di atas telah dinilai kewajarannya oleh The above transaction has been appraised for its
KJPP Syarif, Endang & Rekan, penilai independen, fairness by KJPP Syarif, Endang & Partner, an
tertanggal 31 Oktober 2019. independent appraiser, dated October 31, 2019.
Pada tanggal 6 November 2019, On November 6, 2019, the Company submitted a

Perusahaan telah menyampaikan surat letter No. ABM-CSC/032/RDN/XI/2019 to OJK for
No. ABM-CSC/032/RDN/XI/2019 ke OJK atas the disclosure of information that the public needs
keterbukaan informasi yang perlu diketahui publik to know in accordance with BAPEPAM-LK
sesuai dengan ketentuan Peraturan BAPEPAM-LK No. X.K.1.
No. X.K.1.
Berdasarkan laporan valuasi KJPP Stefanus, Tonny, Based on the valuation report of KJPP Stefanus,
Hardi dan Rekan tertanggal 19 Maret 2021, yang Tonny, Hardi dan Rekan dated March 19, 2021,
menggunakan model diskonto arus kas untuk which using a discounted cash flow model to
mengestimasi arus kas yang diharapkan di masa estimate the expected future cash flows to
depan untuk menentukan jumlah terpulihkan atas determine the recoverable amount of cash
unit penghasil kas ANN, dikarenakan jumlah generating unit of ANN, since the recoverable
terpulihkan lebih rendah dari jumlah tercatat, Grup amount is lower than the carrying amount, the
mengakui kerugian penurunan nilai atas investasi Group recognized impairment losses on
pada saham ke MHU sebesar AS$18.981.825 dan investment in shares on MHU amounting to
dicatat sebagai “Rugi atas perubahan nilai wajar aset US$18,981,825 and recorded as “Loss on changes
keuangan melalui penghasilan komprehensif lain” in fair value of financial assets through other
dalam laporan laba rugi dan penghasilan comprehensive income” in the consolidated
komprehensif lain konsolidasian untuk tahun yang statement of profit or loss and other comprehensive
berakhir pada tanggal 31 Desember 2020. income for the year ended December 31, 2020.
Berikut adalah ringkasan dari asumsi utama yang A summary of key assumptions used is as
digunakan: follows:
31 Desember 2020/
December 31, 2020
Proyeksi harga batubara 59,00 - 67,79 Projected coal price

Tingkat diskonto sebelum pajak 8,80% - 8,84% Pre-tax discount rate
106
9. ASET TETAP - NETO 9. FIXED ASSETS - NET
Rincian aset tetap adalah sebagai berikut: The details of fixed assets are as follows:
Tahun yang Berakhir pada Tanggal 31 Desember 2020/ Year Ended December 31, 2020
Penerapan Selisih
Saldo Awal/ PSAK 73/ Translasi/ Saldo Akhir/
Beginning Adoption Penambahan/ Pengurangan/ Reklasifikasi/ Translation Ending
Balances of PSAK 73 Additions Deductions Reclassifications Difference Balances
Biaya perolehan Acquisition cost

Kepemilikan langsung Direct ownership
Tanah 24.895.844 - 2.171.376 - - 89.919 27.157.139 Land
Jalan dan infrastruktur 150.458.442 - 646.862 - 3.332.132 - 154.437.436 Road and infrastructure
Bangunan dan prasarana 53.765.386 - 1.094.896 (379.587) 6.063.194 (208.656) 60.335.233 Building and improvements
Perlengkapan, perabot Office furniture, fixtures
dan peralatan kantor 19.096.328 - 801.230 (832.611) - (88.055) 18.976.892 and equipment
Kendaraan 36.046.240 - 4.604.686 (5.462.345) 17.226.620 49.584 52.464.785 Vehicles
Kapal 35.712.393 - 2.616.917 (9.204.994) 12.810.830 - 41.935.146 Vessels
Mesin dan peralatan 503.595.082 - 18.790.554 (21.333.677) 11.847.079 (315.735) 512.583.303 Machinery and equipment
Sub-total 823.569.715 - 30.726.521 (37.213.214) 51.279.855 (472.943) 867.889.934 Sub-total
Aset dalam penyelesaian 15.802.492 - 15.676.142 (153.523) (22.672.975) (84.862) 8.567.274 Construction in-progress
Sewa pembiayaan Finance lease

Kendaraan 13.184.890 (13.184.890) - - - - - Vehicles
Kapal 21.964.888 (21.964.888) - - - - - Vessels
Mesin dan peralatan 9.132.133 (9.132.133) - - - - - Machinery and equipment
Sub-total 44.281.911 (44.281.911) - - - - - Sub-total
Total biaya perolehan 883.654.118 (44.281.911) 46.402.663 (37.366.737) 28.606.880 (557.805) 876.457.208 Total acquisition cost
Akumulasi penyusutan Accumulated depreciation

Jalan dan infrastruktur 61.391.962 - 11.584.969 - - - 72.976.931 Road and infrastructure
Bangunan dan prasarana 26.576.922 - 4.180.061 (320.226) 1.570 (234.265) 30.204.062 Building and improvements
Perlengkapan, perabot Office furniture, fixtures
dan peralatan kantor 18.053.158 - 884.624 (810.749) - (73.723) 18.053.310 and equipment
Kendaraan 29.105.314 - 1.862.288 (1.271.631) 12.593.473 51.370 42.340.814 Vehicles
Kapal 24.202.008 - 3.155.444 (5.053.545) 7.702.261 - 30.006.168 Vessels
Mesin dan peralatan 313.159.880 - 34.916.611 (15.588.967) 1.266.887 (447.395) 333.307.016 Machinery and equipment
Sub-total 472.489.244 - 56.583.997 (23.045.118) 21.564.191 (704.013) 526.888.301 Sub-total

Kendaraan 12.121.595 (12.121.595) - - - - - Vehicles
Kapal 10.749.344 (10.749.344) - - - - - Vessels
Mesin dan peralatan 3.299.947 (3.299.947) - - - - - Machinery and equipment
Sub-total 26.170.886 (26.170.886) - - - - - Sub-total
Total akumulasi Total accumulated

penyusutan 498.660.130 (26.170.886) 56.583.997 (23.045.118) 21.564.191 (704.013) 526.888.301 depreciation
Rugi penurunan nilai Impairment losses

Kapal 7.252.460 (6.398.044) 366.214 (2.460.323) 2.298.342 - 1.058.649 Vessels
Mesin dan peralatan 8.030.424 - 10.007.725 (217.644) - - 17.820.505 Machinery and equipment
Nilai tercatat neto 369.711.104 330.689.753 Net carrying amount
107
9. ASET TETAP - NETO (lanjutan) 9. FIXED ASSETS - NET (continued)
Rincian aset tetap adalah sebagai berikut: (lanjutan) The details of fixed assets are as follows:
(continued)
Tahun yang Berakhir pada Tanggal 31 Desember 2019/
Selisih Saldo
Saldo Awal/ Translasi/ Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Translation Ending
Balances Additions Deductions Reclassifications Differences Balances

Tanah 24.453.454 457.206 (226.687) - 211.871 24.895.844 Land
Jalan dan infrastruktur 148.657.835 1.439.899 - 360.708 - 150.458.442 Road and infrastructure
Bangunan dan prasarana 50.711.906 1.958.978 (647.834) 878.929 863.407 53.765.386 Building and improvements
Perlengkapan, perabot dan Office furniture, fixtures
peralatan kantor 19.477.713 858.827 (1.360.816) (100.842 ) 221.446 19.096.328 and equipment
Kendaraan 31.363.316 1.440.549 (1.512.358) 4.394.577 360.156 36.046.240 Vehicles
Kapal 34.957.538 33.086 - 721.769 - 35.712.393 Vessels
Mesin dan peralatan 493.639.139 12.478.814 (25.237.352) 22.055.094 659.387 503.595.082 Machinery and equipment
Sub-total 803.260.901 18.667.359 (28.985.047) 28.310.235 2.316.267 823.569.715 Sub-total
Aset dalam penyelesaian 22.809.461 30.760.458 - (38.636.485 ) 869.058 15.802.492 Construction in-progress

Kendaraan 14.735.979 - - (1.552.500 ) 1.411 13.184.890 Vehicles
Kapal 26.044.379 62.391 (4.736.386) 594.504 - 21.964.888 Vessels
Mesin dan peralatan 23.921.797 - - (14.789.664 ) - 9.132.133 Machinery and equipment
Sub-total 64.702.155 62.391 (4.736.386) (15.747.660 ) 1.411 44.281.911 Sub-total
Total biaya perolehan 890.772.517 49.490.208 (33.721.433) (26.073.910 ) 3.186.736 883.654.118 Total acquisition cost
Akumulasi penyusutan Accumulated depreciation

Jalan dan infrastruktur 48.519.947 12.872.015 - - - 61.391.962 Road and infrastructure
Bangunan dan prasarana 22.555.201 4.076.242 (538.794) (8.887 ) 493.160 26.576.922 Building and improvements
Perlengkapan, perabot dan Office furniture, fixtures
peralatan kantor 18.294.965 1.026.404 (1.327.650) (131.100 ) 190.539 18.053.158 and equipment
Kendaraan 28.111.145 792.401 (1.465.755) 1.438.705 228.818 29.105.314 Vehicles
Kapal 21.003.995 3.198.013 - - - 24.202.008 Vessels
Mesin dan peralatan 302.743.781 23.786.836 (20.835.744) 6.993.572 471.435 313.159.880 Machinery and equipment
Sub-total 441.229.034 45.751.911 (24.167.943) 8.292.290 1.383.952 472.489.244 Sub-total

Kendaraan 11.293.557 2.265.365 - (1.438.705 ) 1.378 12.121.595 Vehicles
Kapal 11.332.139 1.197.975 (1.780.770) - - 10.749.344 Vessels
Mesin dan peralatan 9.414.665 738.867 - (6.853.585 ) - 3.299.947 Machinery and equipment
Sub-total 32.040.361 4.202.207 (1.780.770) (8.292.290 ) 1.378 26.170.886 Sub-total
Total akumulasi penyusutan 473.269.395 49.954.118 (25.948.713) - 1.385.330 498.660.130 Total accumulated depreciation

Kapal 8.302.067 1.906.009 (2.955.616) - - 7.252.460 Vessels
Mesin dan peralatan 8.176.361 149.901 (295.838) - - 8.030.424 Machinery and equipment
Rincian laba penjualan aset tetap - neto adalah The details of gain on sale of fixed assets - net are
sebagai berikut: as follows:
31 Desember/
2020 2019
Hasil penjualan aset tetap 8.303.262 3.241.781 Proceeds from sale of fixed assets
Nilai tercatat neto aset tetap (7.022.803) (2.183.442) Net carrying amounts of fixed assets
Laba penjualan aset tetap - neto 1.280.459 1.058.339 Gain on sale of fixed assets - net
108
Laba penjualan aset tetap - neto dicatat sebagai Gain on sale of fixed assets - net is recorded as
bagian dari “Pendapatan Lainnya” dalam laporan part of “Other Income” in the consolidated
laba rugi dan penghasilan komprehensif lain statement of profit or loss and other comprehensive
konsolidasian untuk tahun yang berakhir pada income for the year ended December 31, 2020 and
tanggal 31 Desember 2020 dan 2019. 2019.
Nilai tercatat aset tetap yang dihapus untuk tahun Carrying amounts of fixed assets that were written-
yang berakhir pada tanggal 31 Desember 2020 dan off for the years ended December 31, 2020 and
2019 masing-masing sebesar AS$4.620.849 dan 2019 amounted to US$4,620,849 and
AS$2.111.137. US$2,111,137, respectively.
Pengurangan tanah untuk tahun yang berakhir pada Deduction of land for the year ended
tanggal 31 Desember 2019 termasuk pengurangan December 31, 2019 includes deduction of land
tanah sebesar AS$226.687 sehubungan dengan amounted to US$226,687 related to
dekonsolidasi NDHM (Catatan 1c). deconsolidation of NDHM (Note 1c) .
Aset dalam Penyelesaian Construction in-progress
Aset dalam penyelesaian terdiri dari: Construction in-progress consists of the following:
Persentase Perkiraan Waktu

Penyelesaian/ Penyelesaian/
Percentage of Biaya Perolehan/ Estimated Time of
31 Desember 2020 Completion Acquisition Cost Completion December 31, 2020
Januari 2021 - Desember 2021/

Bangunan dan prasarana 1% - 99% 6.813.241 January 2021 - December 2021 Building and improvements
Januari 2021 - Agustus 2021/
Mesin dan peralatan 83% - 98% 1.292.928 January 2021 - August 2021 Machinery and equipment
Perlengkapan, perabot dan Januari 2021 - Mei 2021/ Office furniture, fixtures
peralatan kantor 8% - 95% 393.334 January 2021 - May 2021 and equipment
Jalan dan infrastruktur 15% - 55% 65.573 Februari 2021/February 2021 Road and infrastructure
Kapal 1% 2.198 April 2021/April 2021 Vessels
Total 8.567.274 Total
Persentase Perkiraan Waktu

Penyelesaian/ Penyelesaian/
Percentage of Biaya Perolehan/ Estimated Time of
31 Desember 2019 Completion Acquisition Cost Completion December 31, 2019
Februari 2020 - Juni 2020/

Mesin dan peralatan 15% - 95% 14.255.247 February 2020 - June 2020 Machinery and equipment
Perlengkapan, perabot dan Januari 2020 - Maret 2020/ Office furniture, fixtures
peralatan kantor 80% - 90% 672.213 January 2020 - March 2020 and equipment
Januari 2020 - November 2020/
Bangunan dan prasarana 30% - 95% 424.377 January 2020 - November 2020 Building and improvements
Jalan dan infrastruktur 15% - 55% 264.104 Februari 2020/February 2020 Road and infrastructure
Kapal 7% 186.551 Juni 2020/June 2020 Vessels
Pada tanggal 31 Desember 2020 dan 2019, tidak As of December 31, 2020 and 2019, there were no
terdapat hambatan yang signifikan dalam significant obstacles in the completion of the
penyelesaian aset dalam penyelesaian di atas. construction in-progress.
109
Beban penyusutan dialokasikan sebagai berikut: Allocation of depreciation expense are as follows:

31 Desember/
2020 2019
Beban pokok pendapatan 55.828.628 49.438.440 Cost of revenue
Beban penjualan, umum dan Selling, general and
administrasi 755.369 515.678 administrative expenses
Total 56.583.997 49.954.118 Total
Untuk tahun yang berakhir pada tanggal For the years ended December 31, 2020 and 2019,
31 Desember 2020 dan 2019, Grup mengakui rugi the Group recognized impairment losses on fixed
penurunan nilai atas aset tetap masing-masing assets value amounting to US$10,373,939 and
sebesar AS$10.373.939 dan AS$2.055.910, US$2,055,910, respectively, presented as part of
disajikan sebagai bagian dari “Beban Lainnya” dalam “Other Expenses” in the consolidated statement of
laporan laba rugi dan penghasilan komprehensif lain profit or loss and other comprehensive income.
konsolidasian.
Kapal Grup diasuransikan terhadap kerusakan The Group’s vessels are covered by insurance
lambung dan mesin kapal dan risiko lainnya dengan against damage of hull and machinery and other
nilai pertanggungan sebesar AS$16.168.652 pada various risks under blanket policies amounting to
tanggal 31 Desember 2020 dan AS$24.347.738 pada US$16,168,652 as of December 31, 2020 and
tanggal 31 Desember 2019. US$24,347,738 as of December 31, 2019.
Grup mengasuransikan aset tetapnya, kecuali The Group has insured its fixed assets, except land
tanah dan kapal sebagaimana dijelaskan and vessels as stated above, against losses from
di atas, terhadap risiko kebakaran dan risiko lainnya fire and other various risks with
dengan nilai pertanggungan sebesar a total insurance coverage of Rp85.15 billion
Rp85,15 miliar (setara dengan AS$6.125.662) (equivalent to US$6,125,662) and
dan AS$592.324.265 pada tanggal 31 Desember US$592,324,265 as of December 31, 2020 and
2020 dan Rp39,25 miliar (setara dengan Rp39.25 billion (equivalent to US$2,710,151) and
AS$2.710.151) dan AS$550.545.145 pada tanggal US$550,545,145 as of December 31, 2019.
31 Desember 2019. Manajemen berpendapat bahwa Management believes that the insurance coverage
nilai pertanggungan asuransi tersebut cukup untuk is adequate to cover possible losses that may arise
menutupi kemungkinan kerugian yang timbul dari from such risks.
risiko-risiko tersebut.
Entitas anak tertentu memiliki bidang tanah dengan Certain subsidiaries have parcels of land with Hak
Hak Guna Bangunan (“HGB”) yang akan berakhir Guna Bangunan (“HGB”), which will expire on
pada berbagai tanggal antara tahun 2023 sampai various dates from 2023 until 2040. Management
dengan tahun 2040. Manajemen berpendapat bahwa believes that the landrights can be extended on
HGB tersebut dapat diperpanjang pada saat their respective expiration dates.
berakhirnya hak tersebut.
Pada tanggal 31 Desember 2019, aset sewa As of December 31, 2019, leased assets are
pembiayaan digunakan sebagai jaminan atas pledged as collateral for lease liabilities
liabilitas sewa (Catatan 19). (Note 19).
Pada tanggal 31 Desember 2020 aset tetap tertentu For ther year ended December 31, 2020, certain
direklasifikasi ke aset takberwujud sejumlah fixed assets has been reclassified to intangible
AS$703.434 (Catatan 11). assets amounting to US$703,434 (Note 11).
110
10. PROPERTI PERTAMBANGAN - NETO 10. MINING PROPERTIES - NET

Biaya Pertambangan
Pengupasan dari Kombinasi
Tambang dalam Properti Tanah yang Bisnis/
Pengembangan/ Tambang pada Ditangguhkan/ Mining Properties
Mines under Tahap Produksi/ Deferred from Business Total/
Construction Producing Mines Stripping Cost Combination Total
Harga perolehan pada tanggal

31 Desember 2018 6.867.757 18.149.294 41.333.530 69.180.188 135.530.769 Cost as of December 31, 2018
Penambahan tahun berjalan - - 2.545.619 - 2.545.619 Addition during the year

Penambahan tahun berjalan 56.418 - 10.082.922 - 10.139.340 Addition during the year
Transfer ke tambang pada
tahap produksi (1.389.864) 1.389.864 - - - Transfer to producing mines

Akumulasi amortisasi pada Accumulated amortization as of

tanggal 31 Desember 2018 - (12.058.210) (29.316.870) (324.768) (41.699.848 ) December 31, 2018
Amortisasi tahun berjalan - (1.084.196) (6.353.353) (1.781.337) (9.218.886) Amortization during the year

tanggal 31 Desember 2019 - (13.142.406) (35.670.223) (2.106.105) (50.918.734 ) December 31, 2019
Amortisasi tahun berjalan - (871.347) (2.915.224) (1.714.577) (5.501.148) Amortization during the year

tanggal 31 Desember 2020 - (14.013.753) (38.585.447) (3.820.682) (56.419.882 ) December 31, 2020
Kerugian penurunan nilai Impairment loss on

properti pertambangan pada mining properties
tanggal 31 Desember 2018 - (2.401.825) (1.169.319) (23.407.007) (26.978.151) as of December 31, 2018
Pembalikan kerugian penurunan Reversal of impairment

nilai atas properti losses on mining
pertambangan - 230.854 - - 230.854 properties

Penyisihan kerugian penurunan Provision for impairment

nilai atas properti losses on mining
pertambangan - - - (24.023.200) (24.023.200) properties

Nilai tercatat neto pada tanggal Net carrying amount

31 Desember 2018 6.867.757 3.689.259 10.847.341 45.448.413 66.852.770 as of December 31, 2018


111
10. PROPERTI PERTAMBANGAN - NETO (lanjutan) 10. MINING PROPERTIES - NET (continued)
Amortisasi properti pertambangan diakui sebagai Amortization of mining properties are presented as
bagian dari “Beban Pokok Pendapatan” dalam part of “Cost of Revenue” in the consolidated
laporan laba rugi dan penghasilan komprehensif lain statement of profit or loss and other comprehensive
konsolidasian. income.
Hardi dan Rekan tertanggal 19 Maret 2021, yang Tonny, Hardi dan Rekan dated March 19, 2021,
menggunakan model diskonto arus kas untuk which using a discounted cash flow model to
mengestimasi arus kas yang diharapkan di masa estimate the expected future cash flows to
depan untuk menentukan jumlah terpulihkan atas determine the recoverable amount of cash
unit penghasil kas MIFA, dikarenakan jumlah generating unit of MIFA, since the recoverable
terpulihkan lebih rendah dari jumlah tercatat, Grup amount is lower than the carrying amount, the
mengakui kerugian penurunan nilai atas properti Group recognized impairment losses on mining
pertambangan dari kombinasi bisnis sebesar properties from business combination amounting to
AS$24.023.200 dan dicatat sebagai “Penurunan Nilai US$24,023,200 and recorded as “Impairment
atas Properti Pertambangan” dalam laporan laba rugi Losses on Mining Properties” in the consolidated
dan penghasilan komprehensif lain konsolidasian statement of profit or loss and other comprehensive
untuk tahun yang berakhir pada tanggal income for the year ended December 31, 2020.
31 Desember 2020.
Hardi dan Rekan tertanggal 8 Mei 2020, yang Tonny, Hardi dan Rekan dated May 8, 2020, which
menggunakan model diskonto arus kas untuk using a discounted cash flow model to estimate the
mengestimasi arus kas yang diharapkan di masa expected future cash flows to determine the
depan untuk menentukan jumlah terpulihkan atas recoverable amount of cash generating unit of BEL,
unit penghasil kas BEL, dikarenakan jumlah since the recoverable amount is higher than the
terpulihkan lebih tinggi dari jumlah tercatat, BEL carrying amount, BEL recognized reversal
mengakui pembalikan kerugian penurunan nilai atas impairment losses on mining properties amounting
properti pertambangan sebesar AS$230.854 dan to US$230,854 and recorded as part of
dicatat sebagai “Pendapatan Lainnya” dalam laporan “Other Income” in the consolidated statement of
laba rugi dan penghasilan komprehensif lain profit or loss and other comprehensive income for
konsolidation untuk tahun yang berakhir pada the year ended December 31, 2019.
tanggal 31 Desember 2019.
Berikut adalah ringkasan dari asumsi utama yang A summary of key assumptions used areas
digunakan: follows:

Proyeksi harga batubara 19,22 - 25,94 20,46 - 27,25 Projected coal price
Tingkat diskonto sebelum pajak 9,14% - 10,12% 9,76% - 10,95% Pre-tax discount rate
Manajemen menentukan asumsi utama berdasarkan Management determined the key assumptions
kombinasi pengalaman masa lalu dan sumber based on a combination of past experience and
eksternal. Perubahan terhadap asumsi yang external sources. Changes to the assumptions
digunakan oleh manajemen dalam menentukan used by the management to determine the
jumlah terpulihkan, khususnya tingkat diskonto dan recoverable value, in particular the discount and
tingkat pertumbuhan, dapat berdampak signifikan terminal growth rates, can have significant impact
pada hasil pengujian. on the results of the assessment.
Manajemen berkeyakinan bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai properti pertambangan pada tanggal impairment losses in the value of mining properties
31 Desember 2020 dan 2019 cukup untuk menutup as of December 31, 2020 and 2019 is adequate to
kerugian atas penurunan nilai properti cover any losses from the impairment of mining
pertambangan. properties.
112
11. ASET TAKBERWUJUD - NETO 11. INTANGIBLE ASSETS - NET

Selisih Saldo
Saldo Awal/ Translasi/ Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Translation Ending
Balances Additions Deductions Reclassifications Differences Balances

Akuisisi kontrak 13.265.848 - - - - 13.265.848 Contract acquisition
Perangkat lunak 4.864.460 272.965 - 2.358.626 (7.437) 7.488.614 Software
Sub-total 18.130.308 272.965 - 2.358.626 (7.437) 20.754.462 Sub-total
Aset dalam penyelesaian - Construction in progress -
Perangkat lunak 2.980.717 903.561 - (1.655.192) (32.237) 2.196.849 Software
Total biaya perolehan 21.111.025 1.176.526 - 703.434 (39.674) 22.951.311 Total acquisition cost
Akumulasi amortisasi Accumulated amortization

Akuisisi kontrak 95.963 1.297.555 - - - 1.393.518 Contract acquisition
Perangkat lunak 3.204.657 959.665 - - (2.456) 4.161.866 Software
Total akumulasi Total accumulated
amortisasi 3.300.620 2.257.220 - - (2.456) 5.555.384 amortization

Perangkat lunak 404.306 - - - (5.847) 398.459 Software

Selisih
Translasi/
Saldo Awal/ Penambahan/ Pengurangan/ Translation Saldo Akhir/
Beginning Balance Additions Deductions Differences Ending Balance
Akuisisi kontrak - 13.265.848 - - 13.265.848 Contract acquisition
Perangkat lunak 4.528.972 304.420 - 31.068 4.864.460 Software
Sub-total 4.528.972 13.570.268 - 31.068 18.130.308 Sub-total
Aset dalam penyelesaian - Construction in progress -

Perangkat lunak 1.763.033 1.137.316 - 80.368 2.980.717 Software
Total biaya perolehan 6.292.005 14.707.584 - 111.436 21.111.025 Total acquisition cost
Akumulasi amortisasi Accumulated amortization

Akuisisi kontrak - 95.963 - - 95.963 Contract acquisition
Perangkat lunak 2.774.569 415.452 - 14.636 3.204.657 Software
Total akumulasi amortisasi 2.774.569 511.415 - 14.636 3.300.620 Total accumulated amortization

Perangkat lunak 345.944 43.166 - 15.196 404.306 Software
113
11. ASET TAKBERWUJUD - NETO (lanjutan) 11. INTANGIBLE ASSETS - NET (continued)
Pada tanggal 31 Oktober 2019, CK menandantangani On October 31, 2019, CK signed Mining Services
Kontrak Pengalihan Jasa Pertambangan dengan Transfer Contract with PT Artamulia Tatapratama
PT Artamulia Tatapratama (“ATP”) dimana ATP (“ATP”) where ATP transfers the rights to perform
mengalihkan hak untuk melakukan pekerjaan jasa mining services in PT Kuansing Inti Makmur (“KIM”),
pertambangan pada PT Kuansing Inti Makmur PT Karya Cemerlang Persada (“KCP”),
(“KIM”), PT Karya Cemerlang Persada (“KCP”), PT Bungo Bara Utama (“BBU”) and PT Bungo Bara
PT Bungo Bara Utama (“BBU”) dan PT Bungo Bara Makmur (“BBM”) (collectively refer as “KIM Group”).
Makmur (“BBM”) (secara bersama-sama disebut Based on the agreement, CK is eligible to directly
“Grup KIM”). Berdasarkan perjanjian tersebut, perform services in KIM Group mining areas since
CK dapat melakukan pekerjaan langsung di lokasi November 1, 2019. On the mining services transfer
tambang Grup KIM sejak tanggal 1 November 2019. of KIM Group from ATP, CK will pay ATP amounting
Atas pengambilalihan kontrak jasa pertambangan to US$15,000,000 in installments until
Grup KIM dari ATP, CK akan membayar ATP sebesar December 2022.
AS$15.000.000 secara bertahap sampai dengan
Desember 2022.
Pada tanggal 31 Desember 2019, biaya perolehan On December 31, 2019, the acquisition cost of
kontrak tersebut dicatat setara dengan harga tunai contract is recorded in its cash equivalents amount
biaya perolehannya sebesar AS$13.265.848 dan amounting to US$13,265,848 and is recorded as
dicatat sebagai bagian dari “Aset Takberwujud - part of “Intangible Assets - Net” and liabilities
Neto” dan liabilitas yang muncul terkait kontrak arising from the contract transfer is recorded as part
tersebut diakui sebagai bagian dari “Utang Lain-lain of “Long-term Non-trade Payables - Third Parties”
Jangka Panjang - Pihak Ketiga” pada laporan posisi in the consolidated statement of financial position.
keuangan konsolidasian.
Beban bunga atas biaya perolehan untuk tahun yang The interest expenses from the acquisition cost for
berakhir pada tanggal 31 Desember 2020 dan 2019 the year ended December 31, 2020 and 2019
masing-masing sebesar AS$814.044 dan amounting to US$814,044 and US$159,756,
AS$159.756 dicatat sebagai bagian dari “Biaya respectively is recorded as part of “Finance
Keuangan” dalam laporan laba rugi dan penghasilan Charges” in the consolidated statement of profit or
komprehensif lain konsolidasian. loss and other comprehensive income.
Amortisasi aset takberwujud pada tahun 2020 dan The amortization of intangible assets in 2020 and
2019 masing-masing adalah sebesar AS$2.257.220 2019 amounted to US$2,257,220 and US$511,415,
dan AS$511.415 dibebankan sebagai operasi respectively, and was charged to operation as part
sebagai bagian dari “Beban Pokok Pendapatan” dan of “Cost of Revenue” and “Selling, General and
“Beban Penjualan, Umum dan Administrasi”. Administrative Expenses”.
Pada tanggal 31 Desember 2020 dan 2019, tidak ada As of December 31, 2020 and 2019, none of the
aset takberwujud yang digunakan sebagai jaminan intangible assets are used as collateral for loans.
untuk pinjaman.
12. ASET TIDAK LANCAR LAINNYA - NETO 12. OTHER NON-CURRENT ASSETS - NET
Rincian aset tidak lancar lainnya - neto adalah The details of other non-current assets - net are as
sebagai berikut: follows:

Uang jaminan 3.458.462 3.478.221 Security deposit

Jaminan reklamasi 1.953.922 1.537.915 Reclamation deposit
Uang muka pembelian aset tetap 494.316 458.077 Advance for purchase of fixed assets
Biaya ditangguhkan 37.112 657.329 Deferred charges
Aset lainnya 14.099.723 23.896.465 Other asset
Total 20.043.535 30.028.007 Total
114
12. ASET TIDAK LANCAR LAINNYA - NETO (lanjutan) 12. OTHER NON-CURRENT ASSETS - NET
(continued)
Pada bulan Desember 2019, manajemen ACE In December 2019, the management of ACE
memutuskan untuk mereklasifikasi aset dalam decided to reclassified construction in progress
penyelesaian dengan nilai tercatat neto sebesar amounting to US$26,073,910 as part of
AS$26.073.910 menjadi bagian dari “Aset Tidak “Other Non-current Assets - Net” in the
Lancar Lainnya - Neto” pada laporan posisi consolidated statement of financial position
keuangan konsolidasian tanggal 31 Desember 2019. as of December 31, 2019.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020 and 2019,
31 Desember 2020 dan 2019, ACE mengakui rugi ACE recognized impairment losses on other asset
penurunan nilai atas aset lainnya sebesar amounting to US$1,889,275 and US$2,177,445,
AS$1.889.275 dan AS$2.177.445, disajikan sebagai presented as part of “Other Expenses” in the
bagian dari “Beban Lainnya” dalam laporan laba rugi consolidated statement of profit or loss and other
dan penghasilan komprehensif lain konsolidasian. comprehensive income.
13. ASET HAK-GUNA - NETO 13. RIGHT OF USE ASSETS - NET
Rincian aset hak-guna adalah sebagai berikut: The details of right of use assets are as follows:

Saldo Akhir
31 Desember
2019/
Ending Penerapan Selisih Saldo
Balances as PSAK 73/ Saldo Awal/ Translasi/ Akhir/
of December Adoption Beginning Penambahan/ Pengurangan/ Transfer/ Translation Ending
31, 2019 of PSAK 73 Balances Additions Deductions Transfers Differences Balances
Biaya perolehan Acquisition Cost

Bangunan dan Building and
prasarana - 17.085.751 17.085.751 6.703.524 - - 267.495 24.056.770 improvements
Perlengkapan,
perabot dan Office furniture,
peralatan fixtures and
kantor - 326.243 326.243 504.787 - - 16.017 847.047 equipment
Kendaraan - 21.024.618 21.024.618 7.311.553 - (13.184.889) 83.196 15.234.478 Vehicles
Kapal - 21.964.888 21.964.888 9.888 - (11.937.765) - 10.037.011 Vessels
Mesin dan Machineries and
peralatan - 16.359.938 16.359.938 7.157.431 - (3.468.844) 145.541 20.194.066 equipment
Total biaya Total acquisition
perolehan - 76.761.438 76.761.438 21.687.183 - (28.591.498) 512.249 70.369.372 cost
Akumulasi Accumulated
penyusutan depreciation
Bangunan dan Building and
prasarana - - - 8.039.854 - - 250.612 8.290.466 improvements
Perlengkapan,
perabot dan Office furniture,
peralatan fixtures and
kantor - - - 256.471 - - 7.999 264.470 equipment
Kendaraan - 12.121.595 12.121.595 7.351.970 - (12.593.474) 92.112 6.972.203 Vehicles
Kapal - 10.749.344 10.749.344 710.912 - (6.983.447) - 4.476.809 Vessels
Mesin dan Machineries and
peralatan - 3.299.947 3.299.947 6.351.342 - (1.268.454) 146.265 8.529.100 Equipment
Total
Total akumulasi accumulated
penyusutan - 26.170.886 26.170.886 22.710.549 - (20.845.375) 496.988 28.533.048 depreciation
Rugi penurunan
nilai Impairment losses
Kapal - 6.398.044 6.398.044 347.500 - (2.298.342) - 4.447.202 Vessels
Nilai tercatat Net carrying
neto - 44.192.508 37.389.122 amount
115
13. ASET HAK-GUNA - NETO (lanjutan) 13. RIGHT OF USE ASSETS - NET (continued)
Beban penyusutan dialokasikan sebagai berikut: Allocation of depreciation expense is as follows:
Tahun yang Berakhir

pada Tanggal
31 Desember/
2020
Beban pokok pendapatan 20.195.641 Cost of revenue

administrasi 2.514.908 administrative expenses
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020, the Group
31 Desember 2020, Grup mengakui rugi penurunan recognized impairment losses on right of use
nilai atas aset hak-guna sebesar AS$347.500, assets amounting to US$347,500, presented as
disajikan sebagai bagian dari “Beban Lainnya” dalam part of “Other Expenses” in the consolidated
laporan laba rugi dan penghasilan komprehensif lain statement of profit or loss and other comprehensive
konsolidasian. income.
Kapal Grup diasuransikan terhadap kerusakan The Group’s vessels are covered by insurance
lambung dan mesin kapal dan risiko lainnya dengan against damage of hull and machinery and other
nilai pertanggungan sebesar AS$4.616.732 pada various risks under blanket policies amounting to
tanggal 31 Desember 2020. US$4,616,732 as of December 31, 2020.
14. UTANG USAHA 14. TRADE PAYABLES
Utang usaha merupakan utang atas pembelian Trade payables represent payables for purchase of
barang dan jasa yang dibutuhkan untuk operasi goods and services required for the Group’s
Grup, dengan rincian sebagai berikut: operations, with details as follows:

Utang usaha Trade payables

Pihak berelasi (Catatan 30) 60.103.988 40.107.204 Related parties (Note 30)
Total 115.627.378 92.915.800 Total
116
14. UTANG USAHA 14. TRADE PAYABLES
Rincian utang usaha kepada pihak ketiga The details of trade payables to third parties based
berdasarkan pemasok adalah sebagai berikut: on suppliers are as follows:

PT Pertamina (Persero) 11.325.588 10.984.276 PT Pertamina (Persero)

Nordic Minesteel Technologies, Kanada 3.889.801 1.107.072 Nordic Minesteel Technologies, Canada
PT Hanwha Mining Services Indonesia 2.520.779 368.288 PT Hanwha Mining Services Indonesia
PT AKR Corporindo Tbk 1.745.819 462.862 PT AKR Corporindo Tbk
Palfinger Asia Pacific, Pte. Ltd., Singapura 1.642.559 1.704.081 Palfinger Asia Pacific, Pte. Ltd., Singapore
PT Tata Bara Utama 1.563.035 1.244.339 PT Tata Bara Utama
PT Pertamina Lubricants 1.213.510 1.264.256 PT Pertamina Lubricants
PT Bagong Dekaka Makmur 1.204.633 492.761 PT Bagong Dekaka Makmur
PT Malindo Mandiri Makmur 865.241 1.360.708 PT Malindo Mandiri Makmur
PT Dahana (Persero) 583.812 1.193.868 PT Dahana (Persero)
PT Freeport Indonesia 170.051 2.329.371 PT Freeport Indonesia
Lain-lain (masing - masing Others (below
di bawah AS$1.000.000) 28.798.562 30.296.714 US$1,000,000 each)
Total 55.523.390 52.808.596 Total
Rincian utang usaha berdasarkan mata uang adalah The details of trade payables based on currencies
sebagai berikut: are as follows:

Rupiah 106.618.925 89.480.987 Rupiah

Dolar Amerika Serikat 7.119.918 1.528.960 United States dollar
Euro 1.794.050 1.743.839 Euro
Mata uang asing lainnya 94.485 162.014 Other foreign currencies
Total 115.627.378 92.915.800 Total
Rincian umur utang usaha adalah sebagai berikut: The details of aging of trade payables are as
follows:
Belum jatuh tempo 80.300.596 71.752.425 Not past due

Lewat jatuh tempo: Overdue:
1 - 30 hari 8.474.769 10.490.184 1 - 30 days
31 - 60 hari 7.040.247 2.147.033 31 - 60 days
61 - 90 hari 7.159.379 844.460 61 - 90 days
Lebih dari 90 hari 12.652.387 7.681.698 More than 90 days
Total 115.627.378 92.915.800 Total
Pada tanggal 31 Desember 2020 dan 2019, tidak As of December 31, 2020 and 2019, there were no
terdapat jaminan yang diberikan Grup atas utang collateral provided by the Group for the above trade
usaha di atas. payables.
117
15. UTANG BANK JANGKA PENDEK 15. SHORT-TERM BANK LOANS



PT Bank OCBC NISP Tbk 30.000.000 20.000.000 PT Bank OCBC NISP Tbk
Standard Chartered Bank, Indonesia 10.000.000 5.000.000 Standard Chartered Bank, Indonesia
PT Bank ANZ Indonesia - 10.000.000 PT Bank ANZ Indonesia
Total 40.000.000 35.000.000 Total
PT Bank OCBC NISP Tbk (“OCBC”) PT Bank OCBC NISP Tbk (“OCBC”)
Berdasarkan Akta Notaris Jose Dima Satria, S.H., Based on Notarial Deed of Jose Dima Satria, S.H.,
M.Kn., No. 211 tanggal 20 Desember 2019, M.Kn., No. 211 dated December 20, 2019, the
Perusahaan menandatangani Perjanjian Fasilitas Company entered into Demand Loan Facility
Pinjaman Demand Loan dengan OCBC dengan Agreement with OCBC with maximum limit of
jumlah batas maksimum sebesar AS$50.000.000. US$50,000,000.
Perjanjian ini terakhir diperbaharui pada tanggal This agreement was last amended on
14 Desember 2020 dengan jangka waktu berlakunya December 14, 2020 with the effective date
Fasilitas sampai dengan tanggal 20 Juni 2021. of the Facilities is up to June 20, 2021.
Pinjaman ini dikenakan tingkat suku bunga bulanan This loan bears a monthly or quarterly interest rate
atau triwulanan sebesar London Interbank Offered at London Interbank Offered Rate (“LIBOR”)
Rate (“LIBOR”) ditambah marjin 4,50%. plus a margin of 4.50%.
Pada tanggal 31 Desember 2020 dan 2019, Fasilitas As of December 31, 2020 and 2019, the Revolving
Kredit Bergulir yang digunakan adalah sebesar Credit Facility used amounted to US$30,000,000
AS$30.000.000 dan AS$20.000.000. and US$20,000,000, respectively.
31 Desember 2020 dan 2019, beban bunga atas interest expense from this facility is amounting to
fasilitas pinjaman ini sebesar AS$60.000 dan US$60,000 and US$2,353, respectively and is
AS$2.353 dan dicatat sebagai bagian dari “Biaya presented as part of “Finance Charges” in the
Keuangan” dalam laporan laba rugi dan penghasilan consolidated statement of profit or loss and other
komprehensif lain konsolidasian. comprehensive income.
Perusahaan juga diharuskan memenuhi rasio The Company shall maintain financial ratios which
keuangan yang diuji setiap triwulanan sebagai will be assessed quarterly as follows:
berikut:
- Interest service coverage ratio atas dasar - Interest service coverage ratio from the
laporan keuangan konsolidasian Grup tidak Group consolidated financial statement at
kurang dari 3,00:1,00. the minimum 3.00:1.00.
- Consolidated debt to EBITDA ratio atas dasar - Consolidated debt to EBITDA ratio from the
laporan keuangan konsolidasian Grup tidak Group consolidated financial statement at
melebihi 3,50:1,00. the maximum 3.50:1.00.
Pada tanggal 31 Desember 2020, Perusahaan telah As of December 31, 2020, the Company has
memenuhi seluruh rasio keuangan yang diwajibkan maintained all financial ratios as required in the
dalam perjanjian pinjaman. loan agreement.
Fasilitas ini dijaminkan dengan Jaminan Perusahaan This facility is secured by Company’s guarantee
atas nama entitas anak yakni Reswara, TIA, PBR, of subsidiaries on behalf of Reswara, TIA, PBR,
CK, CKB, SSB, ATR, BDD, DDE dan PWP. CK, CKB, SSB, ATR, BDD, DDE and PWP.
118
15. UTANG BANK JANGKA PENDEK (lanjutan) 15. SHORT-TERM BANK LOANS (continued)
Standard Chartered Bank, Indonesia (“SC”) Standard Chartered Bank, Indonesia (“SC”)
Pada tanggal 31 Oktober 2017, Perusahaan, CK dan On October 31, 2017, the Company, CK and SSB
SSB menandatangani Surat Fasilitas (Tanpa Ikatan) entered into a Facility Letter (Uncommitted) with
dengan SC, pihak ketiga, untuk Fasilitas Pinjaman SC, a third party, for Short Term Loan Facility and
Jangka Pendek dan Fasilitas Perbankan Umum (L/C General Banking Facilities (Import L/C, Import
Impor, Pinjaman Impor, Obligasi & Jaminan dan Loan, Bonds & Guarantee and Bank Acceptance)
Akseptasi Bank) dalam batas jumlah gabungan with total combined maximum limit not to exceed
maksimum tidak melebihi AS$10.000.000. US$10,000,000.
Pada tanggal 9 Juli 2018, Perusahaan, CK, SSB dan On July 9, 2018, the Company, CK, SSB and CKB
CKB menandatangani Amendemen Surat Fasilitas entered into an Amendment Facility Letter
(Tanpa Ikatan) dengan SC, dimana CKB menjadi (Uncommitted) with SC, whereby CKB became
termasuk sebagai salah satu penerima pinjaman. one of the loan borrowers.
Berdasarkan Perubahan atas Surat Fasilitas pada Based on Amendment of Facility Letter dated
tanggal 4 November 2020, jangka waktu berlakunya November 4, 2020, the effective date of the facility
fasilitas ini adalah sampai dengan tanggal is up to May 31, 2021 and will be automatically
31 Mei 2021 dan otomatis diperpanjang setiap extended for 12 months, unless otherwise
12 bulan, kecuali ditentukan lain oleh SC. determined by SC.
Pinjaman ini dikenakan tingkat suku bunga tahunan This loan bears annual interest rate at London
sebesar London Interbank Offered Rate (“LIBOR”) Interbank Offered Rate (“LIBOR”) plus a margin of
ditambah marjin 3,75%. 3.75%.
Pada tanggal 31 Desember 2020 dan 2019, Fasilitas As of December 31, 2020 and 2019, the Short
Pinjaman Jangka Pendek yang digunakan adalah Term Loan Facility used amounted to
sebesar AS$10.000.000 dan AS$5.000.000. US$10,000,000 and US$5,000,000, respectively.
31 Desember 2020 dan 2019, beban bunga atas interest expense from this facility is amounting to
fasilitas pinjaman ini sebesar AS$52.836 dan US$52,836 and US$29,877 and is presented as
AS$29.877 dan dicatat sebagai bagian dari “Biaya part of “Finance Charges” in the consolidated
Keuangan” dalam laporan laba rugi dan penghasilan statement of profit or loss and other
komprehensif lain konsolidasian. comprehensive income.
31 Desember 2020 dan 2019, Fasilitas Perbankan the General Banking Facilities (Import L/C, Import
Umum (L/C Impor, Pinjaman Impor, Obligasi & Loan, Bonds & Guarantee and Bank Acceptance)
Jaminan dan Akseptasi Bank) yang telah digunakan used amounted to US$Nil, respectively.
adalah masing-masing sebesar AS$Nihil.
PT Bank ANZ Indonesia (“ANZ”) PT Bank ANZ Indonesia (“ANZ”)
Pada tanggal 22 Desember 2017, Perusahaan, CK, On December 22, 2017, the Company, CK, CKB,
CKB, ATR, BDD, DDE, SSB, PWP, Reswara, TIA, ATR, BDD, DDE, SSB, PWP, Reswara, TIA, PBR,
PBR, MDB, BEL dan MIFA menandatangani MDB, BEL and MIFA entered into a loan
perjanjian pinjaman dengan ANZ, pihak ketiga, untuk agreement with ANZ, a third party, for Revolving
Fasilitas Kredit Bergulir dan Pembiayaan Credit Facility and Multi Option Trade Facilities
Perdagangan Multi Opsi dalam batas jumlah with total combining maximum limit not to exceed
gabungan maksimum tidak melebihi AS$30.000.000. US$30,000,000. Revolving Credit facility available
Fasilitas Kredit Bergulir tersedia hanya untuk only for the Company.
Perusahaan.
119
15. UTANG BANK JANGKA PENDEK (lanjutan) 15. SHORT-TERM BANK LOANS (continued)
PT Bank ANZ Indonesia (“ANZ”) (lanjutan) PT Bank ANZ Indonesia (“ANZ”) (continued)
Pinjaman ini dikenakan tingkat suku bunga tahunan This loan bears annual interest rate at London
sebesar London Interbank Offered Rate (“LIBOR”) Interbank Offered Rate (“LIBOR”) plus a margin of
ditambah marjin 3,00%. 3.00%.
31 Desember 2020 dan 2019, Fasilitas Pembiayaan the Multi Option Trade facilities used amounted to
Perdagangan Multi Opsi yang telah digunakan US$Nil and EUR850,919 (equivalent to
masing-masing adalah sebesar AS$Nihil dan US$952,775) and US$11,415, respectively
EUR850.919 (setara dengan AS$952.775) dan
AS$11.415.
Pada tanggal 31 Desember 2020 dan 2019, Fasilitas As of December 31, 2020 and 2019, the Revolving
Kredit Bergulir yang digunakan adalah sebesar Credit Facility used amounted to US$Nil and
AS$Nihil dan AS$10.000.000. US$10,000,000.
Berdasarkan perjanjian pinjaman, Perusahaan Based on the loan agreement, the Company shall
diharuskan untuk memenuhi rasio keuangan yang maintain which will assessed annually financial
diuji tahunan sebagai berikut: ratios as follows:
- Consolidated total net debt to EBITDA atas dasar - Consolidated total net debt to EBITDA from
laporan keuangan konsolidasian tidak melebihi consolidated financial statement at the
dari 3,00:1,00 maximum 3.00:1.00
- Consolidated total net debt to equity atas dasar - Consolidated total net debt to equity from
laporan keuangan konsolidasian tidak melebihi consolidated financial statement at the
dari 2,00:1,00 maximum 2.00:1.00
- Debt service coverage ratio atas dasar laporan - Debt service coverage ratio from consolidated
keuangan konsolidasian tidak kurang dari financial statement at the minimum 1.50:1.00.
1,50:1,00.
Pada tanggal 31 Desember 2020 dan 2019, As of December 31, 2020 and 2019, the Company
Perusahaan telah memenuhi seluruh rasio keuangan has maintained all financial ratios as required in
yang diwajibkan dalam perjanjian pinjaman. the loan agreement.
Selanjutnya, perjanjian kredit ini telah mengalami Subsequently, these credit facilities has been
perubahan terkait dengan tanggal ketersediaan amended related to the availability period and
fasilitas dan batas kredit gabungan maksimum combine credit limit of facilities (Note 40).
fasilitas (Catatan 40).
Pembayaran yang dilakukan untuk utang bank jangka Payments made for short-term bank loans are as
pendek adalah sebagai berikut: follows:
31 Desember 2020/
December 31, 2020
PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk

Revolving 130.000.000 Revolving
PT Bank ANZ Indonesia PT Bank ANZ Indonesia
Standard Chartered Bank, Indonesia Standard Chartered Bank, Indonesia
120
16. BEBAN AKRUAL DAN LIABILITAS IMBALAN 16. ACCRUED EXPENSES AND SHORT-TERM
KERJA JANGKA PENDEK EMPLOYEE BENEFITS LIABILITY
Rincian beban akrual adalah sebagai berikut: The details of accrued expenses are as follows:

Biaya proyek 23.895.072 22.132.373 Project cost

Bunga 13.103.614 13.079.831 Interest
Royalti 3.875.573 3.734.262 Royalty
Honorarium tenaga ahli 315.761 638.821 Professional fees
Lain-lain 13.713.917 12.334.110 Others
Total 54.903.937 51.919.397 Total
Liabilitas Imbalan Kerja Jangka Pendek Short-term Employee Benefits Liability
Akun ini terdiri dari akrual beban gaji dan tunjangan This account consists of accrual for employee
karyawan. salaries and benefits.

Liabilitas imbalan kerja jangka pendek 2.545.498 6.650.273 Short-term employee benefits liability
17. UANG MUKA PELANGGAN 17. ADVANCES FROM CUSTOMERS
Rincian uang muka pelanggan adalah sebagai The details of advances from customers are as
berikut: follows:

Pihak ketiga 487.111 873.277 Third parties
Pihak berelasi (Catatan 30) Related parties (Note 30)

PT Sumberdaya Sewatama 3.190.358 2.605.095 PT Sumberdaya Sewatama
PT SSB Sammitr Distribution 212.696 - PT SSB Sammitr Distribution
PT Trakindo Utama 3.397 4.162 PT Trakindo Utama
Total 3.893.562 3.482.534 Total
18. PROVISI UNTUK KEWAJIBAN RESTORASI 18. PROVISION FOR ENVIRONMENTAL

LINGKUNGAN RESTORATION OBLIGATION
Peraturan Pemerintah No. 78 Tahun 2010 A financial surety, or reclamation guarantee, is

(“PP 78/2010”) mengharuskan Grup menyediakan required under Government Regulation
jaminan keuangan atau jaminan reklamasi. No. 78 of 2010 (“PP 78/2010”). The regulation
Peraturan tersebut mengharuskan setiap requires that an annual study be undertaken by a
perusahaan pertambangan yang beroperasi di mining company operating in Indonesia to estimate
Indonesia untuk melakukan studi tahunan yang its reclamation costs and that a plan be submitted
memperkirakan besarnya jumlah biaya reklamasi to the Government. The plan includes an estimate
dan melaporkan rencana reklamasinya. Rencana of the cost of performing the rehabilitation work by
tersebut mencakup perkiraan biaya dari pekerjaan an outside contractor.
untuk pemulihan lahan tambang bila dikerjakan oleh
kontraktor luar.
121
18. PROVISI UNTUK KEWAJIBAN RESTORASI 18. PROVISION FOR ENVIRONMENTAL

LINGKUNGAN (lanjutan) RESTORATION OBLIGATION (continued)
Untuk setiap pekerjaan yang tidak dilaksanakan For any work a company does not carry out in the
sendiri oleh perseroan sesuai dengan rencana pada period pursuant to the plan, the Government can
periode tersebut, Pemerintah dapat menuntut require payment for the outstanding work to be
pembayaran untuk pekerjaan yang masih harus carried out by the contractor. The surety can be in
dikerjakan oleh para kontraktor. Jaminan tersebut the form of a joint account, time deposit,
dapat berupa rekening bersama, deposito berjangka, bank guarantee (Note 37) or, in certain
bank garansi (Catatan 37) atau, pada kondisi tertentu circumstances involving public companies, an
yang menyangkut perusahaan-perusahaan publik, accounting reserve recorded in the accounts of
dapat berupa cadangan akuntansi yang dicatat the Group.
dalam buku Grup.
Akun ini merupakan provisi biaya penutupan This account pertains to the provision for the
tambang yang akan terjadi pada akhir umur tambang. restoration of the mine area at the end of the mine
term.
Mutasi provisi untuk kewajiban restorasi lingkungan The movements of provision for environmental
adalah sebagai berikut: restoration are as follows:

31 Desember/
2020 2019
Saldo awal 3.810.326 3.037.393 Beginning balance

Provisi untuk restorasi selama Provision for restoration during
tahun berjalan 1.110.577 2.419.739 the year
Biaya restorasi aktual yang Actual restoration costs paid
dibayar selama tahun berjalan (510.943) (1.646.806) during the year
Saldo akhir 4.409.960 3.810.326 Ending balance
Manajemen Grup berpendapat bahwa provisi untuk The management of the Group believes that the
restorasi telah cukup untuk menutup semua liabilitas provision for restoration is adequate to cover all
pengelolaan lingkungan hidup. Manajemen juga obligations for environmental management.
berkeyakinan bahwa penyisihan telah sesuai dengan Management further believes that the provision is
peraturan yang berlaku. in accordance with existing regulations.
122
19. LIABILITAS SEWA 19. LEASE LIABILITIES
Grup memiliki komitmen sewa pembiayaan The Group has lease commitments covering
mencakup kendaraan, kapal dan mesin dan vehicles, vessels and machinery and equipment
peralatan dengan jangka waktu sewa mulai dari with lease terms ranging from 3 (three) years to
3 (tiga) tahun sampai 5 (lima) tahun dan jatuh tempo 5 (five) years and expiring on various dates with
pada berbagai tanggal dengan perincian sebagai details as follows:
berikut:


Pihak berelasi 20.009.273 13.955.958 Related parties

Dikurangi beban bunga (3.514.186) (2.012.882) Less amount applicable to interest
Neto 39.681.633 11.943.076 Net

Dikurangi bagian yang jatuh
tempo dalam satu tahun Less current maturities
Pihak ketiga (13.095.904) - Third parties
Pihak berelasi (10.546.954) (3.518.995) Related parties
Liabilitas sewa -
setelah dikurangi bagian yang Lease liabilites -
jatuh tempo dalam satu tahun net of current maturities
Pihak berelasi 9.074.786 8.424.081 Related parties
Nilai kini dari jadwal pembayaran liabilitas sewa The present values of the scheduled payments of
berdasarkan tahun jatuh tempo adalah sebagai the lease liabilities by the year of maturity are as
berikut: follows:
31 Desember 2020/December 31, 2020

______________________________________________________________________________________
Pembayaran
Utang Sewa
Pembiayaan
Minimum/
Minimum Leasing Komponen Bunga/ Nilai Kini/
Payment Interest Component Present Value
Dalam 1 tahun 26.104.140 (2.461.282) 23.642.858 Within 1 year

Dalam 2 - 5 tahun 17.091.679 (1.052.904) 16.038.775 Within 2 - 5 years
Total 43.195.819 (3.514.186) 39.681.633 Total

______________________________________________________________________________________
Pembayaran
Utang Sewa
Pembiayaan
Minimum/
Minimum Leasing Komponen Bunga/ Nilai Kini/
Payment Interest Component Present Value
Dalam 1 tahun 4.224.519 (705.524) 3.518.995 Within 1 year

Dalam 2 - 5 tahun 9.731.439 (1.307.358) 8.424.081 Within 2 - 5 years
Total 13.955.958 (2.012.882) 11.943.076 Total
123
19. LIABILITAS SEWA (lanjutan) 19. LEASE LIABILITIES (continued)
Tingkat bunga per tahun Interest rates per annum


PT Chandra Sakti Utama Leasing 6,26% - 8,24% 6,25% - 9,03% PT Chandra Sakti Utama Leasing
Rupiah Rupiah
PT Chandra Sakti Utama Leasing - 8,60% PT Chandra Sakti Utama Leasing
Seluruh aset yang diperoleh melalui perjanjian sewa All assets acquired under finance lease
pembiayaan digunakan sebagai jaminan atas agreements are used as collateral for the lease
liabilitas sewa (Catatan 9). liabilities (Note 9).
Biaya yang diakui dalam laba rugi adalah sebagai The following are the amounts recognised in profit
berikut: or loss:

31 Desember/
2020 2019
Bunga atas liabilias sewa 5.011.469 2.012.882 Interest on lease liabilites

Depresiasi aset hak-guna Depreciation right of use assets
Beban pokok pendapatan 20.195.641 - Cost of revenue
administrasi 2.514.908 - administrative expenses
Beban terkait liabilitas sewa bernilai Expenses related to low value and
rendah dan jangka pendek 12.282.995 8.664.247 short-term lease liabilities
20. UTANG OBLIGASI 20. BONDS PAYABLE
Rincian dari utang obligasi adalah sebagai berikut: The details of bonds payable are as follows:
Beban Emisi
Utang
yang belum
Diamortisasi/
Pokok Obligasi/ Unamortized Total/ Jangka Pendek/ Jangka Panjang/
Bonds Principal Issuance Costs Total Current Non-current
Senior Notes ABM Investama 350.000.000 (4.280.023) 345.719.977 - 345.719.977 Senior Notes ABM Investama
Beban Emisi
Utang
yang belum
Diamortisasi/
Pokok Obligasi/ Unamortized Total/ Jangka Pendek/ Jangka Panjang/
Bonds Principal Issuance Costs Total Current Non-current
Senior Notes ABM Investama 350.000.000 (6.662.596) 343.337.404 - 343.337.404 Senior Notes ABM Investama
124
20. UTANG OBLIGASI (lanjutan) 20. BONDS PAYABLE (continued)
Pada tanggal 1 Agustus 2017, Perusahaan On August 1, 2017, the Company issued
menerbitkan Senior Notes sebesar AS$300.000.000 Senior Notes amounting to US$300,000,000 at the
dengan harga 98,97% dari nilai pokok, dengan issuance price of 98.97% of the principal amount,
BNYM sebagai wali amanat yang diatur dalam with BNYM as trustee which regulated in the
Indenture. Senior Notes akan jatuh tempo pada Indenture. The Senior Notes will mature on
tanggal 1 Agustus 2022, kecuali dilunasi lebih cepat August 1, 2022, unless earlier redeemed and bear
dan dikenakan bunga 7,125% per tahun. Bunga interest of 7.125% per annum. Interest is payable
dibayarkan setiap enam bulan pada tanggal semi-annually on February 1 and August 1
1 Februari dan 1 Agustus setiap tahunnya, dimulai each year, commencing on February 1, 2018.
pada tanggal 1 Februari 2018.
Pada tanggal 28 November 2017, Perusahaan On November 28, 2017, the Company issued an
menerbitkan tambahan Senior Notes sebesar additional Senior Notes amounting to
AS$50.000.000 (“Additional Notes”) dengan harga US$50,000,000 (“Additional Notes”) at issuance
103,25% dari nilai pokok, yang akan digabungkan price of 103.25% of the principal amount, to be
dan membentuk satu kesatuan dengan Senior Notes consolidated and form a single series with
Perusahaan sebesar AS$300.000.000 (“Existing the Company’s US$300,000,000 Senior Notes
Notes”). (“Existing Notes”).
Additional Notes dan Existing Notes secara bersama- The Additional Notes and Existing Notes are
sama disebut “Notes”. Additional Notes diterbitkan collectively referred to as the “Notes”. The
dengan syarat dan ketentuan yang sama dengan Additional Notes are issued on the same terms and
Existing Notes (kecuali tanggal dan harga conditions (except for the issuance date and the
penerbitan). Setelah Additional Notes diterbitkan, issuance price) as the Existing Notes. Upon
nilai pokok agregat Notes menjadi AS$350.000.000. issuance of the Additional Notes, the aggregate
principal amount of the outstanding Notes
amounted to US$350,000,000.
Berdasarkan Indenture, Perusahaan diharuskan Pursuant to the Indenture, the Company is required
untuk menyetor ke dalam Debt Service Accrual to deposit into the Debt Service Accrual Account in
Account di BNYM, pada atau sebelum hari ke-25 BNYM, on or prior to the 25th day of each calendar
setiap bulan kalender, dimulai pada tanggal month, commencing on August 25, 2017 an
25 Agustus 2017 dengan jumlah yang setara dengan amount equal to one-sixth (1/6) of each interest
satu per enam (1/6) dari setiap bunga pembayaran payment (Note 4).
(Catatan 4).
Penerimaan neto yang diperoleh dari Notes The net proceeds of the Notes were used to repay
digunakan untuk melunasi fasilitas pinjaman the Club Deal Facility 2016 and long-term loan from
Club Deal 2016 dan utang pemegang saham jangka shareholder, to fund the Debt Service Accrual
panjang, mendanai Debt Service Accrual Account Account, and for general corporate purposes.
dan untuk tujuan umum perusahaan.
Notes mendapatkan peringkat Ba3 dan BB- masing- The Notes were rated Ba3 and BB- by Moody’s
masing dari Moody’s Investor Service, Inc. dan Fitch Investor Service, Inc. and Fitch Rating Ltd., based
Rating Ltd, berdasarkan rating yang dibuat pada on the rating issued on July 14, 2017 and
tanggal 14 Juli 2017 dan 24 Juli 2017. July 24, 2017, respectively.
Notes mendapatkan peringkat B1 dan B+ masing- The Notes were rated B1 and B+ by Moody’s
masing dari Moody’s Investor Service, Inc. dan Fitch Investor Service, Inc. and Fitch Rating Ltd., based
Rating Ltd, berdasarkan rating yang dibuat pada on the rating issued on May 9, 2019 and
tanggal 9 Mei 2019 dan 17 Mei 2019. May 17, 2019, respectively.
125
20. UTANG OBLIGASI (lanjutan) 20. BONDS PAYABLE (continued)
Notes dijamin dengan hak pemegang prioritas The Notes are secured by first priority lien over the
pertama atas Debt Service Accrual Account yang Debt Service Accrual Account which deposit into
disetor di BNYM. BNYM.
Sehubungan dengan Notes tersebut, Perusahaan In relation to the Notes, the Company and restricted
dan entitas anak yang dibatasi (kecuali AJN dan subsidiaries (except AJN and its subsidiaries) are
entitas anaknya), dibatasi untuk melakukan hal-hal restricted to perform certain actions as stipulated in
tertentu sebagaimana yang ditetapkan dalam the Indenture.
Indenture.
Perusahaan juga diharuskan memenuhi rasio The Company shall maintain financial ratios which
keuangan yang diuji setiap triwulanan sebagai will be assessed quarterly as follows:
berikut:
- Fixed charge ratio atas dasar laporan keuangan - Fixed charge ratio from consolidated financial
konsolidasian Grup ABM tanpa AJN tidak kurang statement of ABM Group without AJN at the
dari 3,00:1,00 minimum 3.00:1.00
- Consolidated debt to EBITDA ratio atas dasar - Consolidated debt to EBITDA ratio from
laporan keuangan konsolidasian Grup ABM consolidated financial statement of ABM Group
tanpa AJN tidak melebihi 3,50:1,00. without AJN at the maximum 3.50:1.00.
Pada tanggal 8 Februari 2019, Perusahaan dan On February 8, 2019, the Company and BNYM has
BNYM menadantangani Supplemental Indenture entered into Supplemental Indenture which added
yang menambah definisi baru atas investasi yang the new definition of the permitted investment
diizinkan yang diatur sebelumnya dalam Indenture. which previously regulated under the Indenture.
Perusahaan telah memenuhi seluruh rasio keuangan has maintained all financial ratios as required in the
yang diwajibkan dalam Indenture. Indenture.
126
21. PERPAJAKAN 21. TAXATION
a. Taksiran Tagihan Pajak a. Estimated Claims for Tax Refund

Lebih bayar pajak penghasilan: Overpayments of corporate income:

2020 10.871.614 - 2020
2019 15.714.397 15.656.029 2019
2018 1.646.899 15.992.818 2018
2017 969.349 6.354.440 2017
2016 4.259.573 4.242.911 2016
2015 10.702 10.858 2015
Lebih bayar pungutan pajak penghasilan: Overpayments of witholding income tax:
2020 4.629 - 2020
2019 - 35.709 2019
2016 35.192 - 2016
Pembayaran ketetapan pajak untuk Payment of tax assessments for
pajak pertambahan nilai: value added tax:
2018 4.321 - 2018
2017 1.834 - 2017
2016 4.371.886 666.994 2016
2015 269.156 282.856 2015
2011 - 159.192 2011
Lebih bayar pajak pertambahan nilai: Overpayments of value added tax:
2016 654.494 - 2016

Cadangan kerugian penurunan nilai Allowance for impairment losses on
atas taksiran tagihan pajak - (442.048) estimated claims for tax refund
Taksiran tagihan pajak - neto 38.814.046 42.959.759 Estimated claims for tax refund - net
Pajak Penghasilan Badan Tahun 2019 2019 Corporate Income Tax
Reswara Reswara
Pada tanggal 27 November 2020, Reswara On November 27, 2020, Reswara received
menerima Surat Pemberitahuan Pemeriksaan Notice Letter of Field Inspection of compliance
Lapangan atas kepatuhan pemenuhan tax in 2019.
kewajiban perpajakan tahun 2019.
Sampai dengan tanggal penyelesaian laporan Until the completion date of the consolidated
keuangan konsolidasian, Direktorat Jendral financial statement, the Directorate General of
Pajak (“DJP”) belum mengeluarkan hasil dari Taxes (“DGT”) not yet released the result of an
pemeriksaan pajak yang sedang berlangsung. ongoing tax audit.
MIFA MIFA
Pada tanggal 13 Agustus 2020, MIFA menerima On August 13, 2020, MIFA received Notice
Surat Pemberitahuan Pemeriksaan Lapangan Letter of Field Inspection of compliance tax in
atas kepatuhan pemenuhan kewajiban 2019.
perpajakan tahun 2019.
keuangan konsolidasian, DJP belum financial statement, the DGT not yet released
mengeluarkan hasil dari pemeriksaan pajak the result of an ongoing tax audit.
yang sedang berlangsung.
127
21. PERPAJAKAN (lanjutan) 21. TAXATION (continued)
a. Taksiran Tagihan Pajak (lanjutan) a. Estimated Claims for Tax Refund

(continued)
Perusahaan The Company
Pada tanggal 22 April 2020, Perusahaan On April 22, 2020, the Company received a
menerima Surat Ketetapan Pajak Lebih Bayar Tax Overpayment Assessment Letter
(“SKPLB”) atas pajak penghasilan badan tahun ("SKPLB") for 2018 corporate income tax
2018 sebesar AS$1.998.629. amounting to US$1,998,629.
Berdasarkan SKPLB tersebut, rugi fiskal In accordance to the SKPLB, the Company’s
Perusahaan untuk tahun 2018 dikoreksi tax loss for 2018 was corrected to become
menjadi rugi fiskal sebesar AS$11.336.506 dari fiscal loss of US$11,336,506 out of the fiscal
rugi fiskal yang dilaporkan sebelumnya sebesar loss of US$15,122,680. The difference
AS$15.122.680. Selisih sebesar AS$3.786.174 amounting to US$3,786,174 is recorded as
dicatat sebagai pengurang akumulasi rugi fiskal deduction to accumulated tax loss and the
dan Perusahaan tidak mengajukan keberatan Company did not submit an objection to the
atas SKPLB tersebut. SKPLB.
Pada tanggal 18 Mei 2020, Perusahaan telah On May 18, 2020, the Company has received
menerima restitusi pajak tersebut dari DJP. the tax refund from the DGT.
Reswara Reswara
Pada tanggal 28 Oktober 2019, Reswara On October 28, 2019, Reswara received
menerima Surat Pemberitahuan Pemeriksaan Notice Letter of Field Inspection of compliance
Lapangan atas kepatuhan pemenuhan tax in 2018.
kewajiban perpajakan tahun 2018.
Pada tanggal 8 Oktober 2020, Reswara On October 8, 2020, Reswara received SKPLB
menerima SKPLB atas Pajak Penghasilan for 2018 corporate income tax amounting to
Badan Tahun 2018 sebesar AS$231.358. US$231,358 which is the same amount that
Berdasarkan SKPLB tersebut laba fiskal untuk was claimed by Reswara. Based on the
Tahun 2018 dikoreksi sebesar AS$4.543 SKPLB, Reswara taxable income for 2018 was
menjadi AS$663.687 dari laba yang dilaporkan corrected amounting to US$4,543 to become
sebesar AS$659.144. US$663,687 from previously reported fiscal
taxable income US$659,144.
Pada tanggal 10 November 2020, Reswara On November 10, 2020, Reswara has received
telah menerima restitusi pajak tersebut dari the tax refund from the DGT
DJP.
MIFA MIFA
Pada tanggal 12 Juli 2019, MIFA menerima On July 12, 2019, MIFA received Notice Letter
Surat Pemberitahuan Pemeriksaan Lapangan of Field Inspection of compliance tax in 2018.
atas kepatuhan pemenuhan kewajiban
128

(continued)
Pajak Penghasilan Badan Tahun 2018 2018 Corporate Income Tax (continued)
(lanjutan)
MIFA (lanjutan) MIFA (lanjutan)
Pada tanggal 27 April 2020, MIFA menerima On April 27, 2020, MIFA received SKPLB for
SKPLB atas pajak penghasilan badan tahun 2018 corporate income tax amounting to
2018 sebesar AS$640.572. berdasarkan US$640,572. Based on SKPLB, MIFA’s
SKPLB tersebut, laba fiskal MIFA untuk tahun taxable income for 2018 was corrected
2018 dikoreksi sebesar AS$4.455.324 menjadi amounting to US$4,455,324 to become
AS$38.644.409 dari laba fiskal yang dilaporkan US$38,644,409 from previously reported fiscal
sebelumnya sebesar AS$34.189.085. taxable income of US$34,189,085.
Pada tanggal 19 Mei 2020, MIFA telah On May 19, 2020, MIFA has received the tax
menerima restitusi pajak tersebut dari DJP. refund from the DGT.
Pada tanggal 17 Juli 2020, MIFA mengajukan On July 17, 2020, MIFA submitted an
Surat Permohonan Keberatan atas SKPLB Application for Objection to SKPLB to the DGT.
tersebut.
keuangan konsolidasian, MIFA belum menerima financial statements, MIFA has not yet
keputusan keberatan dari DJP. received objection decision from DGT.
BEL BEL
Pada tanggal 1 Oktober 2019, BEL menerima On October 01, 2019, BEL received Notice
Pada tanggal 23 April 2020, BEL menerima On April 23, 2020, BEL received SKPLB for
SKPLB atas pajak penghasilan badan tahun 2018 corporate income tax. Based on SKPLB,
2018. Berdasarkan SKPLB tersebut, laba fiskal BEL’s taxable income for 2018 was not
BEL tahun 2018 tidak ada koreksi sehingga correction as previously reported US$98,383.
sama dengan yang dilaporkan sebelumnya
sebesar AS$98.383.
Pada tanggal 2 Juli 2020, BEL telah menerima On July 2, 2020, BEL has received the tax
restitusi pajak tersebut dari DJP. refund from the DGT.
129

(continued)
(lanjutan)
MDB MDB
Pada tanggal 1 Oktober 2019, MDB menerima On October 1, 2019, MDB received Notice
Pada tanggal 22 Mei 2020, MDB menerima On May 22, 2020, MDB received SKPLB for
SKPLB atas Pajak Penghasilan Badan Tahun 2018 corporate income tax amounting to
2018 sebesar AS$34.341 yang jumlahnya US$34,341 which is the same amount that was
sama dengan yang diklaim oleh MDB. claimed by MDB. Based on the SKPLB,
Berdasarkan SKPLB tersebut laba fiskal untuk Reswara taxable income for 2018 was
tahun 2018 dikoreksi sebesar AS$630 menjadi corrected amounting to US$630 to become
AS$1.687.416 dari laba yang dilaporkan US$1,687,416 from previously reported fiscal
sebesar AS$1.686.786. taxable income US$1,686,786.
Pada tanggal 8 Juli 2020, MDB telah menerima On July 8, 2020, MDB has received the tax
TIA TIA
Pada tanggal 1 Oktober 2019, TIA menerima On October 1, 2019, TIA received Notice Letter
Surat Pemberitahuan Pemeriksaan Lapangan of Field Inspection of compliance tax in 2018.
Pada tanggal 2 Juni 2020, TIA menerima On June 2, 2020, TIA received SKPLB for 2018
SKPLB atas pajak penghasilan badan tahun corporate income tax amounting to
2018 sebesar AS$4.072.080 dari seluruh US$4,072,080 from total refund that was
jumlah restitusi yang dilaporkan oleh TIA. previously reported by TIA.
Berdasarkan SKPLB tersebut, tidak ada koreksi Based on the SKPLB, there were no correction
atas laba fiskal TIA tersebut. Sehingga sama on TIA’s taxable income for 2018 as previously
dengan yang dilaporkan sebelumnya sebesar reported US$43,775,292.
AS$43.775.292.
Pada tanggal 1 Juli 2020, TIA telah menerima On July 1, 2020, TIA has received the tax
130

(continued)
(lanjutan)
CK CK
Pada tanggal 12 Agustus 2020, CK menerima On August 12, 2020, CK received SKPLB for
2018 sebesar AS$6.700.696, yang nilai lebih US$6,700,696, which is the overpayment
bayarnya sama dengan yang diklaim oleh CK. amount that was claimed by CK. Based on the
Berdasarkan SKPLB tersebut, laba fiskal CK SKPLB, CK’s taxable income was corrected to
dikoreksi menjadi sebesar AS$33.037.410 dari become US$33,037,410 from taxable income
laba fiskal yang dilaporkan CK sebelumnya which was previously reported by CK
sebesar AS$22.894.965. amounting to US$22,894,965.
Terkait SKPLB tersebut, pada tanggal Related to the SKPLB, on November 5, 2020,
5 November 2020, CK mengajukan keberatan CK submitted an objection to DGT, which
kepada DJP, yang menyetujui sebagian dari partially agreed with SKPLB, where CK’s
SKPLB, dimana laba fiskal CK menjadi taxable income to become US$32,150,363.
AS$32.150.363.
Pada tanggal 11 November 2020, CK menerima On November 11, 2020, CK received Tax
Surat Perintah Membayar Kelebihan Pajak Overpayment Refund Order (“SPMKP”) from
(“SPMKP”) dari DJP sebesar DGT amounting to Rp98,228,745,156 or
Rp98.228.745.156 atau setara dengan equivalent to US$6,700,696. CK received the
AS$6.700.696. CK telah menerima restitusi restitution on November 16, 2020.
tersebut pada tanggal 16 November 2020.
keuangan konsolidasian, CK belum menerima financial statements, CK has not yet received
keputusan keberatan dari DJP. objection decision from DGT.
SSB SSB
Pada tanggal 23 Oktober 2020, SSB menerima On October 23, 2020, SSB received SKPLB for
2018 sebesar Rp12.383.742.246, yang nilai Rp12,383,742,246, which is the overpayment
lebih bayarnya sama dengan yang diklaim oleh amount that was claimed by SSB.
SSB.
Pada tanggal 20 November 2020, SSB On November 20, 2020, SSB received SPMKP
menerima SPMKP dari DJP sebesar from DGT amounting to Rp10,088,725,327,
Rp10.088.725.327, dimana restitusi yang where the restitution received by SSB was
diterima SSB dikurangi kompensasi atas utang deducted with compensation of taxes payable
pajak PPN 2016 dan 2017 masing-masing of 2016 and 2017 VAT amounting to
sebesar Rp1.944.492.786 dan Rp331.181.405, Rp1,944,492,786 and Rp331,181,405,
SSB telah menerima restitusi tersebut pada respectively. SSB received the restitution on
tanggal 2 Desember 2020. December 2, 2020.
131

(continued)
(lanjutan)
SSB (lanjutan) SSB (continued)
Pada tanggal 22 November 2020, SSB telah On November 22, 2020, SSB submitted letter
menyampaikan surat pemberitahuan kepada to DGT which does not accept the deduction
DJP yang tidak menerima pengurangan pada on SPMKP due to the deduction of taxes
SPMKP karena pengurang utang pajak masih payables are still on process.
dalam proses hukum.
keuangan konsolidasian, SSB belum menerima financial statements, SSB has not yet received
Pada tanggal 24 April 2019, Perusahaan On April 24, 2019, the Company received a
menerima SKPLB atas pajak penghasilan badan SKPLB for 2017 corporate income tax
tahun 2017 sebesar AS$1.440.194. Selisih amounting to US$1,440,194. The difference
sebesar AS$4.915 dicatat sebagai bagian dari amounting to US$4,915 is recorded as part of
“Beban Lainnya”. “Other Expenses”.
Berdasarkan SKPLB tersebut, rugi fiskal In accordance to the SKPLB, the Company’s
Perusahaan untuk tahun 2017 dikoreksi menjadi tax loss for 2017 was corrected to become
laba fiskal sebesar AS$11.558.528 dari rugi taxable income of US$11,558,528 out of the
fiskal yang dilaporkan sebelumnya sebesar fiscal loss of US$15,523,262. The difference
AS$15.523.262. Selisih sebesar AS$27.081.790 amounting to US$27,081,790 is recorded as
dicatat sebagai pengurang akumulasi rugi fiskal deduction to accumulated tax loss and the
dan Perusahaan tidak mengajukan keberatan Company did not submit an objection to the
atas SKPLB tersebut. SKPLB.
Pada tanggal 5 Juli 2019, Perusahaan telah On July 5, 2019, the Company has received
menerima restitusi pajak tersebut dari DJP. the tax refund from the DGT.
132

(continued)
CK CK
Pada tanggal 6 Mei 2019, CK menerima SKPLB On May 6, 2019, CK received a SKPLB for
atas pajak penghasilan badan tahun 2017 2017 corporate income tax amounting to
sebesar AS$4.532.664 dari jumlah yang US$4,532,664 instead of US$5,586,001 as
diajukan CK sebesar AS$5.586.001. claimed by CK.
Berdasarkan SKPLB tersebut, rugi fiskal tahun Based on the SKPLB, CK’s tax loss for 2017
2017 dikoreksi menjadi laba fiskal sebesar was corrected to become taxable income of
AS$4.070.918 dari rugi fiskal yang dilaporkan US$4,070,918 out of the fiscal loss of
sebelumnya sebesar AS$67.870.812. Terkait US$67,870,812. In relation to the SKPLB, CK
dengan SKPLB tersebut, CK mengajukan submitted an objection dated July 31, 2019.
keberatan pada tanggal 31 Juli 2019.
Pada tanggal 3 September 2019, CK telah On September 3, 2019, CK received SPMKP

menerima SPMKP dari DJP sebesar from DGT amounting to Rp2,766,840,202 or
Rp2.766.840.202 atau setara dengn equivalent to US$199,039, where the
AS$199.039, dimana restitusi yang diterima CK restitution received by CK was deducted with
dikurangi kompensasi atas utang pajak PPN compensation of taxes payable of 2016 and
2016 dan 2017 masing-masing sebesar 2017 VAT amounting to Rp61,199,814,150
Rp61.199.814.150 dan Rp25.496.000 (masing- and Rp25,496,000, respectively (equivalent to
masing setara dengan AS$4.402.544 dan US$4,402,544 and US$1,834, respectively).
AS$1.834).
Pada tanggal 21 Oktober 2019, CK telah On October 21, 2019, CK submitted letter to
menyampaikan surat pemberitahuan kepada DGT which does not accept the deduction on
DJP yang tidak menerima pengurangan pada SPMKP due to the deduction of taxes
SPMKP karena pengurang utang pajak masih payables are still on process.
dalam proses hukum.
Pada tanggal 29 Januari 2020, CK menerima On January 29, 2020, CK received Decision on
Keputusan Keberatan dari DJP yang menerima Objection from DGT which fully accepted
seluruh keberatan yang diajukan CK. Pada objection submitted by CK. On February 24,
tanggal 24 Februari 2020, Perusahaan 2020, CK received the remaining restitution
menerima restitusi dari DJP sebesar amount from DGT amounting to
Rp14.363.793.722 atau setara dengan Rp14,363,793,722 or equivalent to
AS$982.584. US$982,584.
133

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(lanjutan)
Reswara Reswara
Pada tanggal 26 April 2019, Reswara menerima On April 26, 2019, Reswara received a SKPLB
SKPLB atas pajak penghasilan badan tahun for 2017 corporate income tax amounting to
2017 sebesar AS$487.775. Selisih sebesar US$487,775. The difference amounting to
AS$15.466 dicatat sebagai bagian dari “Beban US$15,466 is recorded as part of “Other
Lainnya”. Expenses”.
Berdasarkan SKPLB tersebut, penghasilan kena Based on the SKPLB, the taxable income for
pajak tahun 2017 dikoreksi menjadi sebesar 2017 was corrected to US$1,106,610 from
AS$1.106.610 dari yang dilaporkan sebelumnya previously reported amounting to
sebesar AS$1.044.742. Reswara tidak US$1,044,742. Reswara did not submit an
mengajukan keberatan atas SKPLB tersebut. objection to the SKPLB.
Pada tanggal 26 April 2019, Reswara telah On April 26, 2019, Reswara has received the
menerima restitusi pajak tersebut dari DJP. tax refund from the DGT.
MIFA MIFA
Pada tanggal 27 Juli 2018, MIFA menerima On July 27, 2018, MIFA received Notice Letter
Surat Pemberitahuan Pemeriksaan Lapangan of Field Inspection of tax compliance in 2017.
Pada tanggal 15 April 2019, MIFA menerima On April 15, 2019, MIFA received SKPLB for
2017 sebesar AS$1.120.403 dari seluruh jumlah US$1,120,403 from total refund that was
restitusi yang dilaporkan oleh MIFA, sebelumnya previously reported by MIFA amounting to
sejumlah AS$1.162.289. Selisih antara jumlah US$1,162,289. The difference between tax
restitusi yang dilaporkan sebelumnya dengan refund previously reported and received by
jumlah restitusi yang diterima oleh MIFA sebesar MIFA amounting to US$41,886 recorded as
AS$41.886 dicatat sebagai bagian dari part of “Other Income” in the statement of profit
“Penghasilan Lainnya” dalam laporan laba rugi or loss and other comprehensive income.
dan penghasilan komprehensif lain.
Berdasarkan SKPLB tersebut, laba fiskal MIFA Based on the SKPLB, MIFA’s taxable income
tahun 2017 dikoreksi menjadi sebesar for 2017 was corrected to US$12,590,404 out
AS$12.590.404 dari laba fiskal yang dilaporkan of previously reported fiscal taxable income of
sebelumnya sebesar AS$11.601.868. Selisih US$11,601,868 that was reported. The
sebesar AS$988.536 dicatat sebagai pengurang difference amounting to US$988,536 is
akumulasi rugi fiskal. recorded as deduction to accumulated tax
loss.
Pada tanggal 2 Mei 2019, MIFA telah menerima On May 2, 2019, MIFA has received the tax
134

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(lanjutan)
MIFA (lanjutan) MIFA (continued)
Pada tanggal 23 Mei 2019, MIFA mengajukan On May 23, 2019, MIFA submitted an
Surat Permohonan Keberatan atas SKPLB Objection Letter to DGT on the SKPLB.
tersebut.
Pada tanggal 15 April 2020, DJP menolak On April 17, 2017, DJP has rejected MIFA
keberatan MIFA atas koreksi laba fiskal tersebut objection for fiscal taxable income and MIFA
dan MIFA mengajukan banding atas keputusan submit an appeal on July 8, 2020.
keberatan tersebut pada tanggal 8 Juli 2020.
Sampai dengan tanggal penyelesaian laporan Until the completion date of consolidated
keuangan konsolidasian, Pengadilan Pajak financial statement, Tax Court has not yet
belum mengeluarkan Surat Keputusan atas released the Decision Letter of MIFA’s Tax
Surat Permohonan banding MIFA. Appeal Letter.
SSB SSB
Pada tanggal 16 April 2019, SSB menerima On April 16, 2019, SSB received SKPKB for
SKPKB atas pajak penghasilan badan tahun 2017 corporate income tax amounting
2017 sebesar Rp2,79 miliar dari lebih bayar yang Rp2.79 billion out of Rp14.28 billion
dilaporkan oleh SSB sebesar Rp14,28 miliar. overpayment that was reported by SSB.
Berdasarkan SKPKB tersebut, penghasilan kena Based on the SKPKB, SSB’s taxable income
pajak SSB tahun 2017 dikoreksi menjadi in 2017 was corrected to become
Rp66,07 miliar dari yang telah dilaporkan oleh Rp66.07 billion out of Rp1.56 billion which was
SSB sebesar Rp1,56 miliar. reported by SSB.
Pada tanggal 12 Juli 2019, SSB mengajukan On July 12, 2019, SSB submitted an Objection
Keberatan atas SKPKB kepada DJP sebesar on SKPKB to DGT amounting to
Rp16,46 miliar dan mencatat selisihnya sebesar Rp16.46 billion and recorded the difference
Rp606,20 juta sebagai bagian dari “Beban amounting Rp606.20 million as part of “Other
Lainnya” dalam laporan laba rugi dan Expenses” in consolidated statement of profit
penghasilan komprehensif lain konsolidasian. or loss and other comprehensive income.
Pada tanggal 10 Juni 2020, SSB menerima On June 10, 2020, SSB received a Decision of
Keputusan Keberatan dari DJP. Berdasarkan Objection from the DGT. Based on the letter,
surat tersebut, DJP menolak seluruh keberatan DGT which fully reject the objection submitted
yang diajukan oleh SSB. by SSB.
Pada tanggal 28 Agustus 2020, SSB On August 28, 2020, SSB submitted tax
mengajukan Banding ke Pengadilan Pajak appeal to Tax Court related to the decision of
terkait hasil keputusan DJP atas keberatan DJP which fully reject the Decision of
tersebut. Objection.
135

(continued)
SSB SSB
Pada tanggal 23 April 2018, SSB menerima On April 23, 2018, SSB received Tax
Surat Ketetapan Pajak Kurang Bayar (“SKPKB”) Underpayment Assessment Letter (“SKPKB”)
atas pajak penghasilan badan tahun 2016 of corporate income tax of 2016 amounting to
sebesar Rp1,22 miliar dari lebih bayar yang Rp1.22 billion from overpayment reported by
dilaporkan oleh SSB sebesar Rp12,91 miliar. SSB amounting to Rp12.91 billion.
Berdasarkan SKPKB tersebut, penghasilan kena Based on the SKPKB, the taxable income
pajak tahun 2016 dikoreksi menjadi sebesar for year 2016 was corrected to
Rp109,58 miliar dari yang telah dilaporkan oleh Rp109.58 billion from previously reported by
SSB sebesar Rp64,72 miliar. Pada tanggal SSB amounting to Rp64.72 billion.
20 Juli 2018, SSB mengajukan Surat On July 20, 2018, SSB submitted an
Permohonan Keberatan atas SKPKB kepada Application for Objection to SKPKB to the
DJP. DGT.
surat tersebut, DJP megabulkan sebagian DGT partially granted objections raised by
keberatan yang diajukan oleh SSB dimana rugi SSB where SSB’s fiscal loss becoming
fiskal SSB menjadi Rp27,23 miliar dan lebih Rp27.23 billion and overpayment amounting to
bayar menjadi Rp5,97 miliar. Rp5.97 billion.
Pada tanggal 16 September 2019, SSB On September 16, 2019, SSB submitted tax
mengajukan banding ke Pengadilan Pajak terkait appeal to Tax Court related to the decision of
hasil keputusan DJP atas keberatan tersebut, DJP on its objection where SSB’s fiscal loss
dimana rugi fiskal SSB sebesar Rp64,35 miliar amounting to Rp64.35 billion and overpayment
dan lebih bayar sebesar Rp12,79 miliar. amounting to Rp12.79 billion.
keuangan konsolidasian, proses banding masih financial statements, the appeal is still in
dalam proses. process.
CK CK
Pada tanggal 5 Juni 2018, CK menerima SKPKB On June 5, 2018, CK received Tax SKPKB of
atas pajak penghasilan badan tahun 2016 2016 corporate income tax amounting to
sebesar AS$60.333.820 dari lebih bayar yang US$60,333,820 out of overpayment claimed
diklaim CK sebesar AS$5.394.799. Berdasarkan by CK amounting to US$5,394,799. In
SKPKB tersebut, rugi fiskal CK dikoreksi dari accordance to the SKPKB, CK’s tax loss was
AS$5.433.723 menjadi laba fiskal sebesar corrected from US$5,433,723 becoming
AS$198.150.591. taxable income amounting to
US$198,150,591.
Terkait dengan SKPKB tersebut, CK Related to the SKPKB, CK submitted an

mengajukan keberatan pada tanggal objection on August 24, 2018 to the DGT.
24 Agustus 2018 kepada DJP.
136

(continued)
(lanjutan)
CK (lanjutan) CK (continued)
Pada tanggal 8 Juli 2019, CK menerima On July 8, 2019, CK received Decision of

Keputusan Keberatan dari DJP yang Objection from DGT which partially granted the
mengabulkan sebagian keberatan yang diajukan objection submitted by CK, where CK’s fiscal
oleh CK, dimana rugi fiskal CK menjadi loss becoming US$12,384,329 and claim for
AS$12.384.329 dan lebih bayar CK menjadi tax refund of CK becoming US$2,036,780.
AS$2.036.780.
Pada tanggal 13 Agustus 2019, CK telah On August 13, 2019 CK received restitution
menerima restitusi dari DJP sebesar from DJP amounting to Rp28,804,758,051 or
Rp28.804.758.051 atau setara AS$2.072.134. equivalent to US$2,072,134.
Pada tanggal 2 Oktober 2019, CK mengajukan On October 2, 2019, CK submitted Tax Appeal
banding ke Pengadilan Pajak terkait hasil to Tax Court related to the Decision of
Keputusan Keberatan tersebut. Sampai dengan Objection. Until the completion date of
tanggal penyelesaian laporan keuangan the consolidated financial statements, Tax
konsolidasian, Pengadilan Pajak belum Court has not yet issued decision related to the
mengeluarkan keputusan atas banding tersebut. appeal.
ATR ATR
Pada tanggal 13 Februari 2019, ATR menerima On February 13, 2019, ATR received SKPKB
SKPKB atas pajak penghasilan badan tahun of 2016 corporate income tax. Based on the
2016. Berdasarkan SKPKB tersebut, SKPKB, the taxable income for year 2016 was
penghasilan kena pajak tahun 2016 dikoreksi corrected to US$479,500 from previously
menjadi sebesar AS$479.500 dari yang reported amounting to US$155,788. ATR
dilaporkan sebelumnya sebesar AS$155.788. recorded such correction as part of “Other
ATR mencatat koreksi tersebut sebagai bagian Expenses” in the consolidated statement of
dari “Beban Lainnya” dalam laporan laba rugi profit or loss and other comprehensive income
dan penghasilan komprehensif lain for the year ended December 31, 2019.
konsolidasian untuk tahun yang berakhir pada
tanggal 31 Desember 2019.
Pada tanggal 16 April 2020, ATR Keputusan On April 16, 2020, ATR received a Decision of
Keberatan dari DJP yang menolak seluruh Objection from the DGT. Based on the letter,
keberatan yang diajukan oleh ATR. DGT which fully reject the objection submitted
by ATR.
ATR mengajukan banding kepada Pengadilan ATR filed an Appeal Letter to the Tax Court
Pajak terhadapp Keputusan Keberatan pada regarding the Decision of Objection on July 10,
tanggal 10 Juli 2020. 2020.
keuangan konsolidasian, ATR belum menerima financial statements, ATR has not yet received
keputusan banding dari DJP. objection appeal from DGT.
137

(continued)
(lanjutan)
TIA TIA
Pada tanggal 7 April 2020, TIA menerima On April 7, 2020, TIA received SKPKB for 2016
SKPKB atas pajak penghasilan badan tahun corporate income tax.
2016.
Berdasarkan SKPKB tersebut, laba fiskal TIA Based on the SKPKB, TIA’s taxable income for
tahun 2016 dikoreksi sebesar AS$533.853 2016 was corrected amounting to US$533,853
menjadi AS$31.830.981 dari laba fiskal yang to become US$31,830,981 from previously
dilaporkan sebelumnya sebesar reported taxable income of US$31,297,128.
AS$31.297.128.
Pada tanggal 1 Juli 2020, TIA mengajukan Surat On July 1, 2020, TIA submitted an Application
Permohonan Keberatan atas SKPKB tersebut. for Objection to SKPKB to the DGT.
keuangan konsolidasian, TIA belum menerima financial statements, TIA has not yet received
SSB SSB
Pada tanggal 25 April 2017, SSB menerima On April 25, 2017, SSB received SKPLB for
2015 sebesar Rp10,46 miliar dari nilai restitusi Rp10.46 billion out of the refund of
yang diajukan oleh SSB sebesar Rp10.83 billion that was claimed by SSB.
Rp10,83 miliar.
Berdasarkan SKPLB tersebut, penghasilan kena In accordance to the SKPLB, SSB’s fiscal
pajak SSB tahun 2015 dikoreksi menjadi income for 2015 was corrected to
sebesar Rp24,21 miliar dari yang telah Rp24.21 billion out of Rp4.84 billion that was
dilaporkan oleh SSB sebesar Rp4,84 miliar. reported by SSB.
SSB telah menerima pengembalian dari kantor SSB has received the refund from tax office in
pajak pada bulan Mei 2017 dan mengajukan May 2017 and submitted an objection
keberatan sebesar Rp151 juta kepada DJP pada amounting to Rp151 million to the DGT on
tanggal 14 Juni 2017 terhadap SKPLB tersebut. June 14, 2017 against the SKPLB.
Pada tanggal 4 Mei 2018, DJP mengeluarkan On May 4, 2018, the DGT issued a decree on
Surat Keputusan Hasil Keberatan yang menolak objection which rejected the objection
keberatan yang diajukan oleh SSB. submitted by SSB.
Pada tanggal 31 Juli 2018, SSB mengajukan On July 31, 2018, SSB submitted a Letter of
Surat Pengajuan Banding untuk Surat Appeal for the DGT Decree on the Objection
Keputusan DJP atas Keberatan yang diajukan submitted by SSB with fiscal loss amounting to
oleh SSB dengan jumlah rugi fiskal SSB sebesar Rp4.99 billion and overpayment amounting to
Rp4,99 miliar dan lebih bayar sebesar Rp10.6 billion and was received by the Tax
Rp10,6 miliar dan telah diterima oleh Pengadilan Court on August 2, 2018.
Pajak pada tanggal 2 Agustus 2018.
138

(continued)
(lanjutan)
Pada tanggal 1 November 2018, Pengadilan On November 1, 2018, Tax Court issued Appeal
Pajak mengeluarkan Surat Uraian Banding Explanation Letter (“SUB”) of appeal submitted
(“SUB”) atas pengajuan banding yang diajukan by SSB. On December 14, 2018, SSB submit
oleh SSB. Pada tanggal 14 Desember 2018, an objection of the SUB.
SSB menyampaikan bantahan atas SUB
tersebut.
keuangan konsolidasian, Pengadilan Pajak financial statements, the Tax Court has not yet
belum mengeluarkan keputusan dari proses released the decision on the ongoing tax
banding yang sedang berlangsung. appeal.
MIFA MIFA
Pada tanggal 28 Februari 2020, MIFA menerima On February 28, 2020, MIFA received SKPN for
SKPN atas pajak penghasilan badan tahun 2015 corporate income tax.
2015.
Berdasarkan Surat Ketetapan Pajak Nihil Based on the Nil Tax Assessment Letter
(“SKPN”) tersebut, rugi fiskal MIFA tahun 2015 (“SKPN”), MIFA’s tax loss for 2015 was
dikoreksi sebesar AS$370.826 menjadi corrected amounting to US$370,826 to become
AS$24.604.257 dari rugi fiskal yang dilaporkan US$24,604,257 from previously reported tax
sebelumnya sebesar AS$24.975.083. loss of US$24,975,083.
Pada tanggal 26 Mei 2020, MIFA mengajukan On 26 May, 2020, MIFA submitted an
Surat Permohonan Keberatan atas SKPKB Application for Objection to SKPKB to the DGT.
tersebut.
Sampai dengan tanggal penyelesaian laporan Until the completion date of the financial
keuangan, DJP belum mengeluarkan hasil dari statement, the DGT not yet released the result
keberatan pajak yang sedang berlangsung. of an ongoing tax objection..
MIFA MIFA
Pada tanggal 3 Desember 2019, MIFA On December 3, 2019, MIFA received SKPN
menerima SKPN atas pajak penghasilan badan for 2014 corporate income tax.
tahun 2014
Berdasarkan SKPN tersebut, rugi fiskal MIFA Based on the SKPN, MIFA’s taxable loss for
tahun 2014 dikoreksi menjadi sebesar 2014 was corrected to US$6.903.854 out of
AS$6.903.854 dari rugi fiskal yang dilaporkan the fiscal taxable loss of US$7,085,621 that
sebelumnya sebesar AS$7.085.621. Selisih was reported. The difference amounting to
sebesar AS$181.767 dicatat sebagai pengurang US$181,767 is recorded as deduction to
akumulasi rugi fiskal. accumulated tax loss.
139

(continued)
CK CK
Pada tanggal 28 Agustus 2019, CK menerima On August 28, 2019, CK received Judicial
Surat Permohonan Peninjauan Kembali atas Review Request Letter related to 2011
pajak penghasilan badan tahun 2011 yang corporate income tax which was submitted by
diajukan oleh DJP kepada Pengadilan Pajak DGT to Tax Court related to Decision of Tax
atas Keputusan Banding tanggal 14 Mei 2019 Appeal dated May 14, 2019 which fully accept
yang menyetujui seluruh Banding yang diajukan Appeal submitted by CK.
CK.
Pada tanggal 21 November 2019, CK telah On November 21, 2019, CK submitted contra
menyampaikan surat kontra memori kepada documents to Supreme Count related to the
Mahkamah Agung atas Surat Permohonan Judicial Review Request Letter.
Peninjauan Kembali tersebut.
Pajak Pertambahan Nilai (“PPN”) Tahun 2018 2018 Value Added Tax (“VAT”)
CK CK
Pada tanggal 12 Agustus 2020, CK menerima On August 12, 2020, CK received SKPKB on
SKPKB atas PPN tahun 2018 sebesar 2018 VAT amounting to Rp1,150,637,408 or
Rp1.150.637.408 atau setara dengan equivalent to US$81,577.
AS$81.577.
Terkait SKPKB tersebut, CK mengajukan Related to the SKPKB, CK submitted an

keberatan kepada DJP yang menolak seluruh objection to DGT which fully object the SKPKB
SKPKB pada tanggal 25 Oktober 2020. on October 25, 2020.
SSB SSB
Pada tanggal 16 April 2019, SSB menerima On April 16, 2019, SSB received SKPKB of
SKPKB dan STP PPN tahun 2017 sebesar 2017 VAT amounting to Rp3.3 billion.
Rp3,3 miliar.
Pada tanggal 12 Juli 2019, SSB mengajukan On July 12, 2019, SSB has submitted an
Keberatan Pajak atas SKPKB tersebut kepada Application for Objection to SKPKB to
DJP. Sampai dengan tanggal penyelesaian the DGT. Until the completion date of
laporan keuangan konsolidasian, SSB belum the consolidated financial statements, SSB
menerima hasil keputusan atas keberatan has not received Decision of Objection from
tersebut dari DJP. DGT.
140

(continued)
Pajak Pertambahan Nilai (“PPN”) Tahun 2017 2017 Value Added Tax (“VAT”) (continued)
(lanjutan)
yang diajukan oleh SSB dimana kurang bayar by SSB where SSB’s underpayment becoming
SSB menjadi Rp1,65 miliar dan denda sebesar Rp1.65 billion and penalty amounting to
Rp1,4 miliar. Rp1.4 billion.
Sampai dengan tanggal penyelesaian laporan Until the date of completion of these
keuangan konsolidasian ini, SSB belum consolidated financial statements, SSB has
menerima Keputusan Banding dari Pengadilan not yet received an Appeal Decision from the
Pajak. Tax Court.
CK CK
Pada tanggal 2 Mei 2019, CK menerima SKPKB On May 2, 2019, CK received SKPKB of 2017
PPN tahun 2017 sebesar AS$60.003. VAT amounting to US$60,003.
Terkait dengan SKPKB PPN tersebut, CK In relation to the SKPKB of VAT, CK partially
menyetujui sebagian hasil SKPKB sebesar agreed to the result of the SKPKB of
AS$18.147 yang telah dicatat sebagai bagian US$18,147 which has been recorded as part
dari “Beban lainnya” dalam laporan laba rugi dan of “Other Expenses” in the consolidated
penghasilan komprehensif lain konsolidasian statement of profit or loss and other
untuk tahun yang berakhir pada tanggal comprehensive income for the year ended
31 Desember 2019 dan mengajukan keberatan December 31, 2019 and submitted an
sebesar AS$41.855 pada tanggal 31 Juli 2019. objection amounting to US$41,855 dated
July 31, 2019.
Pada tanggal 13 dan 31 Desember 2019, CK On December 13 and 31, 2019, CK received a
menerima Keputusan Keberatan dari DJP yang Decision of Objection from the DGT which
mengabulkan sebagian keberatan yang diajukan partially granted the objection submitted by
oleh CK. CK.
CK menyetujui sebagian keputusan tersebut dan CK partially agreed with such decision and
mengajukan banding atas kurang bayar sebesar submitted appeal on the underpayment
AS$34.098 ke DJP pada tanggal 4 Maret 2020. amounting to US$34,098 to DGT dated
March 4, 2020.
keuangan konsolidasian ini, CK belum menerima consolidated financial statements, CK has not
Keputusan Banding dari Pengadilan Pajak. yet received an Appeal Decision from the Tax
Court.
141

(continued)
CK CK
Pada tanggal 6 Juni 2018, CK menerima SKPKB On June 6, 2018, CK received SKPKB of 2016
atas pajak pertambahan nilai tahun 2016 value added tax amounting to US$25,036,246
sebesar AS$25.036.246 dan tambahan penalti and addition of penalty amounting to
sebesar AS$10.160.924. US$10,160,924.
CK mengajukan keberatan pada tanggal CK submitted objection letters date

14 Agustus 2018 sebesar AS$35.197.169. August 14, 2018 amounting to
US$35,197,169.
Pada tanggal 23 Juli 2019, CK menerima On July 23, 2019, CK received a Decision of
keputusan keberatan dari DJP yang Objection from the DGT which partially granted
mengabulkan sebagian keberatan yang diajukan the objection submitted by CK. CK partially
oleh CK. CK menyetujui sebagian keputusan agreed with such decision amounting to
tersebut sebesar AS$429.479 yang telah dicatat US$429,479 which has been recorded as part
sebagai bagian dari “Beban lainnya” dalam of “Other Expenses” in the consolidated
lain konsolidasian untuk tahun yang berakhir comprehensive income for the year ended
pada tanggal 31 Desember 2019 dan December 31, 2019 and has submitted appeal
mengajukan banding atas kurang bayar sebesar on the underpayment amounting to
AS$7.150.224 ke DJP pada tanggal US$7,150,224 to DGT dated October 2, 2019.
2 Oktober 2019.
keuangan konsolidasian ini, CK belum menerima consolidated financial statements, CK has not
Keputusan Banding dari Pengadilan Pajak. yet received an Appeal Decision from the Tax
Court.
SSB SSB
Pada tanggal 23 April 2018, SSB menerima On April 23, 2018, SSB received the SKPKB
SKPKB atas Pajak Pertambahan Nilai tahun for 2016 Value Added Tax amounting to
2016 sebesar Rp11,01 miliar dan denda sebesar Rp11.01 billion and penalty amounting to
Rp6,57 miliar. Atas SKPKB tersebut, SSB telah Rp6.57 billion. For the SKPKB, SSB has filed
mengajukan keberatan ke DJP yang menolak an objection to the DGT which reject all
seluruh SKPKB dan membayar sebesar SKPKB and paid amounting to Rp9.23 billion
Rp9,23 miliar atas SKPKB PPN periode Agustus on SKPKB VAT period August 2016.
2016.
Pada tanggal 13 dan 18 Juni 2019, SSB On June 13 and 18, 2019, SSB received a
menerima Keputusan Keberatan dari DJP. Decision of Objection from the DGT. Based on
Berdasarkan surat tersebut, DJP megabulkan the letter, DGT partially granted objections
sebagian keberatan yang diajukan oleh raised by SSB where SSB’s underpayment
SSB dimana kurang bayar SSB menjadi becoming Rp11.01 billion and penalty
Rp11,01 miliar dan denda sebesar Rp6,57 miliar. amounting to Rp6.57 billion.
142

(continued)
Pajak Pertambahan Nilai (“PPN”) Tahun 2016 2016 Value Added Tax (“VAT”) (continued)
(lanjutan)
Pada tanggal 11 dan 16 September 2019, SSB On September 11 and 16, 2019, SSB
mengajukan banding ke Pengadilan Pajak terkait submitted tax appeal to Tax Court related to
hasil keputusan DJP atas keberatan tersebut the decision of DJP which fully reject the
yang menolak seluruh Keputusan Keberatan. Decision of Objection.
keuangan konsolidasian, Pengadilan Pajak financial statements, the Tax Court has not yet
belum mengeluarkan keputusan dari proses released the decision on the ongoing tax
banding yang sedang berlangsung. appeal.
CK CK
Pada tanggal 20 Juni 2017, CK menerima On June 20, 2017, CK received SKPKB of
SKPKB PPN tahun 2015 sebesar AS$384.723. 2015 VAT amounting to US$384,723.
CK menyetujui sebagian keputusan tersebut CK partially agreed with such decision
sebesar AS$94.497 yang telah dicatat sebagai amounting to US$94,497 which has been
bagian dari “Beban Lainnya” dalam laporan laba recorded as part of “Other Expenses” in the
rugi dan penghasilan komprehensif lain consolidated statement of profit or loss and
konsolidasian untuk tahun yang berakhir pada other comprehensive income for the year
tanggal 31 Desember 2017 dan mengajukan ended December 31, 2017 and has submitted
keberatan atas kurang bayar sebesar objection on the underpayment amounting to
AS$293.343 ke DJP. US$293,343 to DGT.
Pada tanggal 18 Agustus 2017, CK mengajukan On August 18, 2017, CK submitted an

keberatan kepada DJP dengan kurang bayar objection to DGT with the amount of
yang disetujui CK adalah sebesar AS$8.560 dan underpayment agreed by CK is amounting to
CK membayar kurang bayar dan bunga sebesar US$8,560 and CK has paid the underpayment
AS$277.716. and interest amounting to US$277,716.
Pada tanggal 28 Agustus 2018, CK menerima On August 28, 2018, CK received a Decision
Keputusan Keberatan dari DJP. Berdasarkan of Objection from the DGT. Based on the letter,
surat tersebut, DJP menolak semua keberatan DGT rejected all objections raised by CK.
yang diajukan oleh CK.
Pada tanggal 16 November 2018, CK On November 16, 2018, CK submitted Tax

mengajukan Banding ke Pengadilan Pajak Appeal to Tax Court related to the decision of
terkait hasil keputusan DJP atas keberatan DGT on its objection.
tersebut.
Pada tanggal 13 November 2020, CK menerima On November 13, 2020, CK received appeal
keputusan banding yang menyetujui seluruh decision letter which fully accepted the
keberatan yang diajukan CK. CK telah menerima objection submitted by CK. CK received the
restitusi sebesar AS$269.156 pada tanggal restitution amounting to US$269,156 on
9 Februari 2021. February 9, 2021.
143

(continued)
SSB SSB
Pada tanggal 29 April 2019, SSB menerima On April 29, 2019, SSB received SKPKB of
SKPKB PPN tahun 2014 sebesar Rp4,17 miliar. 2014 VAT amounting to Rp4.17 billion.
Pada tanggal 3 Juli 2019, SSB mengajukan On July 3, 2019, SSB has submitted an
Keberatan Pajak atas SKPKB tersebut kepada Application for Objection to SKPKB to the
DJP. Sampai dengan tanggal penyelesaian DGT. Until the completion date of the
laporan keuangan konsolidasian, SSB belum consolidated financial statements, SSB has
menerima hasil keputusan keberatan dari DJP. not received Decision of Objection from DGT.
yang diajukan oleh SSB dimana kurang bayar by SSB where SSB’s underpayment becoming
SSB menjadi Rp2,1 miliar dan denda sebesar Rp2.1 billion and penalty amounting to
Rp2,1 miliar. Rp2.1 billion.
CK CK
Pada tanggal 28 Agustus 2019, CK menerima On August 28, 2019, CK received Judicial
Surat Permohonan Peninjauan Kembali atas Review Request Letter related to 2011 value
pajak pertambahan nilai tahun 2011 yang added tax which was submitted by DGT to Tax
diajukan oleh DJP kepada Pengadilan Pajak Court related to Decision of Tax Appeal dated
atas Keputusan Banding tanggal 14 Mei 2019 May 14, 2019 which fully accept Appeal
yang menyetujui sebagian Banding yang submitted by CK.
diajukan CK.
Pada tanggal 21 November 2019, CK telah On November 21, 2019, CK submitted contra
menyampaikan surat kontra memori kepada documents to Supreme Count related to the
Mahkamah Agung atas Surat Permohonan Judicial Review Request Letter.
Peninjauan Kembali tersebut.
144

(continued)
Pajak Penghasilan (“PPh”) Tahun 2016 2016 Withholding Tax (“WHT”)
CK CK
Pada tanggal 5 Juni 2018, CK menerima SKPKB On June 5, 2018, CK received SKPKB of 2016
atas PPh Pasal 21 dan 23 tahun 2016 masing- WHT article 21 and 23 amounting to
masing sebesar AS$189.165 dan AS$54.441. US$189,165 and US$54,441, respectively.
Berdasarkan SKPKB tersebut, CK mengajukan Based on such SKPKB, CK submitted

Keberatan atas SKPKB PPh pasal 21 pada Objection on SKPKB WHT article 21 on
tanggal 14 Agustus 2018 yang menolak seluruh August 14, 2018 which fully reject the SKPKB
SKPKB dan melakukan pembayaran sebesar and made payment of US$57,839. CK also
AS$57.839. CK juga mengajukan Keberatan submitted Objection related to SKPKB WHT
atas SKPKB PPh pasal 23 pada tanggal article 23 on August 27, 2018 which partially
27 Agustus 2018 yang menolak sebagian reject the SKPKB and made payment of
SKPKB tersebut dan melakukan pembayaran US$23,192.
sebesar AS$23.192.
Pada tanggal 29 Juli 2019, CK menerima On July 29, 2019, CK received Decision of
Keputusan Keberatan atas PPh pasal 21 dan 23 Objection of WHT article 21 and 23 which
yang mengabulkan sebagian keberatan yang partially accept the objection submitted by CK.
diajukan CK. Sehingga, kurang bayar atas PPh Therefore, the underpayment of
pasal 21 dan 23 menjadi masing-masing WHT article 21 and 23 becoming US$57,149
sebesar AS$57.149 dan AS$54.441. and US$54,441, respectively. CK fully agreed
CK menyetujui seluruh hasil keberatan tersebut on the Decision of Objection which has been
yang telah dicatat sebagai bagian dari “Beban recorded as part of “Other Expenses” in the
Lainnya” dalam laporan laba rugi dan consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian other comprehensive income for the year
untuk tahun yang berakhir pada tanggal ended December 31, 2019.
31 Desember 2019.
b. Utang Pajak b. Taxes Payable
Rincian utang pajak adalah sebagai berikut: The details of taxes payable are as follows:

Pajak penghasilan: Income taxes:

Pasal 4 (2) 279.047 202.345 Article 4 (2)
Pasal 15 95.288 48.560 Article 15
Pasal 21 159.479 248.737 Article 21
Pasal 22 5.678 2.927 Article 22
Pasal 23 586.761 335.017 Article 23
Pasal 25 49.574 703.417 Article 25
Pasal 26 26.115 40.270 Article 26
Pasal 29 3.049.539 1.523.553 Article 29
Pajak pertambahan nilai 3.146.382 513.954 Value added tax
Pajak bahan bakar kendaraan bermotor 723.940 763.426 Vehicle fuel tax
Total 8.121.803 4.382.206 Total
145
c. Beban Pajak Penghasilan - Neto c. Income Tax Expense - Net
Rincian beban pajak penghasilan - neto Grup The details of income tax expense - net of the
adalah sebagai berikut: Group are as follows:

31 Desember/
2020 2019
Kini Current
Entitas anak (11.355.953) (12.171.219) Subsidiaries
Tangguhan Deferred
Perusahaan (81.627) 119.624 The Company
Neto (1.389.403) (2.949.457) Net
Beban penghasilan pajak - neto (12.745.356) (15.120.676) Income tax expense - net
d. Pajak Kini d. Current Tax
Rekonsiliasi antara laba sebelum pajak The reconciliation between profit before
penghasilan, seperti yang tercantum dalam income tax, as shown in the consolidated
lain konsolidasian, dan taksiran rugi fiskal adalah comprehensive income, and estimated tax
sebagai berikut: loss is as follows:

31 Desember/
2020 2019
Laba (rugi) sebelum pajak penghasilan Profit (loss) before income tax
per laporan laba rugi per consolidated statement
dan penghasilan komprehensif of profit or loss and
lain konsolidasian (24.994.708) 19.014.640 other comprehensive income
Laba sebelum pajak Profit before income tax
penghasilan entitas anak - neto (28.600.881) (111.782.633) of the subsidiaries - net
Eliminasi transaksi dengan Elimination of transactions with
entitas anak 51.863.912 144.234.731 subsidiaries
Laba (rugi) sebelum pajak Profit (loss) before income tax
penghasilan Perusahaan (1.731.677) 51.466.738 of the Company
Beda temporer Temporary differences
Penyusutan (21.379) 51.893 Depreciation
Penyisihan imbalan kerja Provision for
karyawan - neto (93.224) 497.408 employee benefits - net
Cadangan rugi penurunan nilai Allowance for impairment losses
atas piutang usaha (410.333) (48.426) on trade receivables
Amortisasi (43.755) (70.805) Amortization
Aset hak-guna 60.475 - Right of use asset
Beban akrual (572.162) (252.634) Accrued expenses
Beda temporer - neto (1.080.378) 177.436 Temporary differences - net
146
d. Pajak Kini (lanjutan) d. Current Tax (continued)
Rekonsiliasi antara laba sebelum pajak The reconciliation between profit before
penghasilan, seperti yang tercantum dalam income tax, as shown in the consolidated
lain konsolidasian, dan taksiran rugi fiskal adalah comprehensive income, and estimated tax
sebagai berikut: (lanjutan) loss is as follows: (continued)

31 Desember/
2020 2019
Beda permanen Permanent differences

Penghasilan bunga yang telah Interest income already
dikenakan pajak penghasilan final (313.749) (1.579.811) subjected to final income tax
Dividen (6.612.448) (64.909.777) Dividend
Beban bunga yang tidak dapat Non-deductable
dikurangkan untuk tujuan pajak 1.577.099 3.359.905 interest expenses
Lain-lain (317.520) 636.802 Others
Total beda permanen (5.666.618) (62.492.881) Total permanent differences
Taksiran rugi fiskal (8.478.673) (10.848.707) Estimated taxable loss
Akumulasi rugi fiskal Cumulative tax losses

awal tahun (29.406.854) (45.639.935) at beginning of year
Koreksi rugi fiskal 7.221.643 27.081.788 Adjustment of tax loss
Akumulasi rugi fiskal Cumulative tax losses at
akhir tahun Perusahaan (30.663.884) (29.406.854) end of year of the Company
Pajak penghasilan Prepayments of
dibayar di muka - Pasal 23 2.684.229 1.855.869 income tax - Article 23
Taksiran tagihan pajak Estimated claims for tax refund
.. . penghasilan badan 2.684.229 1.855.869 corporate income tax
Taksiran tagihan pajak Estimated claims for tax refund
Perusahaan 2.684.229 1.855.869 The Company
Entitas anak 8.187.385 13.800.160 Subsidiaries
Total taksiran tagihan pajak 10.871.614 15.656.029 Total estimated claims for tax refund
Utang pajak penghasilan badan Corporate income tax payable
147
e. Pajak Tangguhan e. Deferred Tax
Rincian aset dan liabilitas pajak tangguhan The details of deferred tax assets and deferred
adalah sebagai berikut: tax liabilities are as follows:

Perusahaan Company
Aset pajak tangguhan Deferred tax assets
Liabilitas imbalan kerja Long-term employee
jangka panjang 284.864 327.613 benefits liability
Aset hak-guna 12.095 - Right-of-use assets
Aset tetap - 14 Fixed assets
Total aset pajak tangguhan 296.959 327.627 Total deferred tax assets
Liabilitas pajak tangguhan Deferred tax liabilities

Aset tidak lancar lainnya (22.650) (17.374) Other non-current assets
Aset tetap (4.265) - Fixed assets
Aset pajak tangguhan - neto Deferred tax asset - net

Perusahaan 270.044 310.253 Company
Aset pajak tangguhan - Deferred tax assets -
Keuntungan yang belum Unrealized gain

direalisasi atas transaksi intragrup 1.172.360 1.415.571 on intra-group profit
Aset pajak tangguhan - neto 8.081.328 11.035.769 Deferred tax assets - net
Liabilitas pajak tangguhan - neto Deferred tax liabilities - net

Rincian beban pajak tangguhan - neto adalah The details of deferred tax expense - net are

31 Desember/
2020 2019
Perusahaan Company
Pengaruh pajak atas beda temporer Effects of temporary
pada tarif pajak yang berlaku: differences at applicable tax rates:
Aset hak-guna 12.095 - Right of use assets
Penyusutan (4.279) 12.973 Depreciation
Penyisihan imbalan kerja Provision for employee
karyawan (84.167) 124.352 benefits liability
Amortisasi (5.276) (17.701) Amortization
Total - Perusahaan (81.627) 119.624 Total - Company

Laba yang belum direalisasi Unrealized gain of
atas transaksi intragrup (243.210) (97.458) intra-group transactions
Beban pajak Deferred tax

tangguhan - neto (1.389.403) (2.949.457) expense - net
148
e. Pajak Tangguhan (lanjutan) e. Deferred Tax (continued)
Rekonsiliasi antara beban pajak penghasilan The reconciliation between income tax
yang dihitung dengan menggunakan tarif pajak expense computed using the prevailing tax
yang berlaku dari laba akuntansi sebelum beban rates on the accounting profit before income
pajak penghasilan dan beban pajak seperti yang tax expense and the tax expense reported in
tercantum dalam laporan laba rugi dan the consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian other comprehensive income for the years
untuk tahun yang berakhir pada tanggal ended December 31, 2020 and 2019 is as
31 Desember 2020 dan 2019 adalah sebagai follows:
berikut:

31 Desember/
2020 2019
Laba (rugi) sebelum pajak penghasilan Profit (loss) before income tax
per laporan laba rugi per consolidated
dan penghasilan komprehensif statement of profit or loss and
lain konsolidasian (24.994.708) 19.014.640 other comprehensive income
Eliminasi transaksi dengan Elimination of transactions with
entitas anak 51.863.912 144.234.731 subsidiaries
Laba sebelum pajak penghasilan 26.869.204 163.249.371 Profit before income tax
Pajak penghasilan dengan Income tax with

tarif pajak yang berlaku (5.911.225) (40.812.343) applicable tax rate
Pengaruh pajak atas beda permanen: Tax effects on permanent differences:
Representasi (1.061) 333.290 Representation
Beban bunga yang tidak dapat Non-deductable
dikurangkan untuk tujuan pajak (3.943.922) (4.352.708) interest expenses
Penghasilan yang telah dikenakan Income already subject to
pajak penghasilan final - neto 128.826 426.869 final tax - net
Penghapusan piutang usaha (239.463) (839.976) Write-off trade receivables
Pajak dan denda (837.096) (183.359) Taxes and penalties
Dividen 791.620 35.718.713 Dividend
Hadiah dan sumbangan (346.044) (513.041) Gifts and donations
Lain-lain 3.519.301 (1.303.724) Others
Penyesuaian aset pajak tangguhan (1.545.808) 1.127.859 Deferred tax asset adjustment
Penyesuaian atas rugi fiskal Adjustment on tax loss
atas ketetapan pajak (1.586.327) (1.574.156) based on tax assessment
Laba yang belum direalisasi Unrealized gain of
atas transaksi intragrup (243.210) (97.458) intra-group transactions
Aset pajak tangguhan Unrecognized
yang tidak diakui - neto (2.530.947) (3.050.642) deferred tax assets - net
Beban pajak penghasilan Income tax expense per

per laporan laba rugi dan consolidated statements
penghasilan komprehensif of profit or loss and
lain konsolidasian (12.745.356) (15.120.676) other comprehensive income
149
f. Pengampunan Pajak f. Tax Amnesty
TIA, ATR, BDD, dan Reswara memutuskan TIA, ATR, BDD and Reswara have decided to
untuk memanfaatkan fasilitas pengampunan utilize tax amnesty facility based on Tax
pajak berdasarkan Undang-Undang Amnesty Law. Tax amnesty assets are
Pengampunan Pajak. Aset pengampunan pajak measured at the amount reported in the Tax
diukur berdasarkan nilai yang dilaporkan pada Amnesty Approval Letter (“SKPP”). The
Surat Keterangan Pengampunan Pajak redemption money (the amount of tax paid in
(“SKPP”). Uang tebusan (jumlah pajak yang accordance with Tax Amnesty law) shall be
harus dibayarkan sesuai dengan aturan charged directly to profit or loss in the period
Pengampunan Pajak) dibebankan pada laporan when the SKPP was received.
laba rugi pada periode saat SKPP diterima.
Berdasarkan PSAK No. 70 “Akuntansi Aset dan Based on PSAK No. 70 “Accounting for Assets
Liabilitas Pengampunan Pajak”, selisih antara and Liabilities of Tax Amnesty”, any difference
nilai yang diakui sebagai aset dan liabilitas between amounts initially recognised for the
pengampunan pajak disajikan sebagai tax amnesty assets and the related tax
“Tambahan Modal Disetor” dan tidak bisa amnesty liabilities is presented as “Additional
direklasifikasi sebagai saldo laba atau Paid-In Capital” and shall not be reclassified to
komponen laba atau rugi tahun berjalan. Selisih retained earnings or recycled to profit or loss
tersebut disajikan sebagai “Komponen Lainnya subsequently. Such difference was presented
dari Ekuitas” dalam laporan perubahan ekuitas as “Other Components of Equity” in the
konsolidasian. consolidated statement of equity.
g. Perubahan Tarif Pajak g. Changes in Tax Rates
Pada tanggal 31 Maret 2020, Pemerintah On March 31, 2020, the Government issued a
menerbitkan Peraturan Pemerintah Pengganti Government Regulation in lieu of the Law of
Undang-Undang Republik Indonesia Nomor 1 the Republic of Indonesia Number 1 Year
Tahun 2020 yang menetapkan, antara lain, 2020 which stipulates, among others,
penurunan tarif pajak penghasilan wajib pajak reduction to the tax rates for corporate income
badan dalam negeri dan bentuk usaha tetap dari tax payers and permanent establishments
semula 25% menjadi 22% untuk tahun pajak entities from previously 25% to become 22%
2020 dan 2021 dan 20% mulai tahun pajak 2022 for fiscal years 2020 and 2021 and 20%
dan seterusnya, serta pengurangan lebih lanjut starting fiscal year 2022 and onwards, and
tarif pajak sebesar 3% untuk wajib pajak dalam further reduction of 3% for corporate income
negeri yang memenuhi persyaratan tertentu. tax payers that fulfill certain criteria.
Tarif pajak yang baru tersebut akan digunakan The new tax rates will be used as reference to
sebagai acuan untuk pengukuran aset dan measure the current and deferred tax assets
liabilitas pajak kini dan tangguhan mulai sejak and liabilities starting from the enactment date
tanggal berlakunya peraturan tersebut yaitu of the new regulation on March 31, 2020.
31 Maret 2020.
150
22. MODAL SAHAM 22. SHARE CAPITAL
Pada tanggal 31 Desember 2020 dan 2019, susunan As of December 31, 2020 and 2019, the
pemegang saham Perusahaan adalah sebagai composition of the Company’s shareholders is as
berikut: follows:
Jumlah Saham
Ditempatkan
dan Disetor Penuh/ Persentase
Number of Shares Kepemilikan/
Issued and Percentage of Jumlah/
Pemegang Saham Fully Paid Ownership Amount Shareholders
Valle Verde Pte. Ltd., Singapura 1.540.557.000 55,5482% 81.408.604 Valle Verde Pte. Ltd., Singapore
PT Tiara Marga Trakindo 636.366.000 23,0677% 33.806.816 PT Tiara Marga Trakindo
Momentum Fund SP.B 285.447.300 10,3781% 15.209.588 Momentum Fund SP.B
Rachmat Mulyana Hamami Rachmat Mulyana Hamami
(Komisaris Utama) 6.120.500 0,5476% 802.611 (President Commissioner)
Achmad Ananda Djajanegara Achmad Ananda Djajanegara
(Direktur Utama) 1.283.500 0,0480% 70.363 (President Director)
Mivida Hamami Mivida Hamami
(Komisaris) 133.500 0,0050% 7.333 (Commissioner)
Masyarakat umum dan Public and employees
karyawan (dengan pemilikan (each with ownership
masing-masing di bawah 5%) 283.257.200 10,4054% 15.249.593 interest below 5%)
Total 2.753.165.000 100,0000% 146.554.908 Total
23. TAMBAHAN MODAL DISETOR - NETO 23. ADDITIONAL PAID-IN CAPITAL - NET
Rincian dari akun ini adalah sebagai berikut: The details of this account are as follows:

Tambahan modal disetor dari Additional paid-in-capital from

penawaran perdana saham 147.510.299 147.510.299 initial public offering
Biaya emisi saham (8.098.156 ) (8.098.156) Share issuance costs
Selisih nilai transaksi restrukturisasi Difference in value of transaction with
entitas sepengendali (23.815.379 ) (23.815.379) entities under common control
Biaya emisi obligasi wajib tukar (509.566) (509.566) Issuance cost of mandatory convertible bond
Neto 115.087.198 115.087.198 Net
151
24. KEPENTINGAN NON-PENGENDALI 24. NON-CONTROLLING INTERESTS
Pada tanggal 31 Desember 2020 dan 2019, rincian As of December 31, 2020 and 2019, the details of
dari kepentingan non-pengendali atas aset neto non-controlling interests in net assets of the
entitas anak adalah sebagai berikut: subsidiaries are as follows:

PT Sanggar Sarana Baja 51.617 140.962 PT Sanggar Sarana Baja

PT Cipta Krida Bahari (2.168) (2.631) PT Cipta Krida Bahari
PT Anzara Janitra Nusantara (260.221) (232.586) PT Anzara Janitra Nusantara
PT Reswara Minergi Hartama (22.977.719) (21.060.011) PT Reswara Minergi Hartama
Total (23.188.491 ) (21.154.266) Total
Untuk tahun yang berakhir pada For the year ended December 31, 2020 and 2019,
31 Desember 2020 dan 2019, rincian dari the details of non-controlling interests in total
kepentingan non-pengendali atas total laba (rugi) comprehensive income (loss) of the subsidiaries
komprehensif entitas anak adalah sebagai berikut: are as follows:

31 Desember/
2020 2019
PT Reswara Minergi Hartama (1.917.708) (3.498.853) PT Reswara Minergi Hartama

PT Anzara Janitra Nusantara (27.635) (295.082) PT Anzara Janitra Nusantara
PT Sanggar Sarana Baja 53 (17.804) PT Sanggar Sarana Baja
PT Cipta Krida Bahari 463 100 PT Cipta Krida Bahari
Total (1.944.827) (3.811.639) Total
Berikut adalah ringkasan informasi keuangan entitas The following is the summarized financial
anak dari Grup yang memiliki kepentingan information for the Group’s subsidiaries that has
non-pengendali yang material terhadap Grup. non-controlling interests that are material to the
Group.
Ringkasan laporan posisi keuangan konsolidasian: Summarized consolidated statements of financial

position:
31 Desember 2020/
December 31, 2020
PT Reswara Minergi
Hartama
Aset Assets
Aset lancar 90.644.491 Current assets
Aset tidak lancar 213.381.476 Non-current assets
Liabilitas jangka pendek (88.328.807) Current liabilities
Liabilitas jangka panjang (205.050.315) Non-current liabilities
Total liabilitas (293.379.122) Total liabilities
Kepentingan non-pengendali 23.082.279 Non-controlling interests
Aset neto 33.729.124 Net assets
152
24. KEPENTINGAN NON-PENGENDALI (lanjutan) 24. NON-CONTROLLING INTERESTS (continued)
Ringkasan laporan posisi keuangan konsolidasian: Summarized consolidated statements of financial

(lanjutan) position: (continued)
31 Desember 2019/
December 31, 2019
PT Reswara Minergi
Hartama
Aset Assets
Aset lancar 49.931.931 Current assets
Aset tidak lancar 285.673.979 Non-current assets
Liabilitas jangka pendek (134.918.775) Current liabilities
Liabilitas jangka panjang (132.374.393) Non-current liabilities
Total liabilitas (267.293.168) Total liabilities
Kepentingan non-pengendali 21.164.571 Non-controlling interests
Aset neto 89.477.313 Net assets
Ringkasan laporan laba rugi dan penghasilan Summarized consolidated statements of profit or
komprehensif lain konsolidasian: loss and other comprehensive income:
Tahun yang Berakhir

pada Tanggal
31 Desember 2020/
Year Ended
December 31, 2020
PT Reswara Minergi
Hartama
Pendapatan dari kontrak dengan pelanggan 257.151.549 Revenue with contracts with customers
Rugi tahun berjalan (16.990.243) Loss for the year

Rugi komprehensif lain tahun berjalan, setelah pajak (19.201.819) Other comprehensive loss for the year, net of tax
Total rugi komprehensif tahun berjalan (36.192.062) Total comprehensive loss for the year
Total rugi komprehensif yang diatribusikan kepada Total comprehensive loss attributable
kepentingan non-pengendali entitas anak (1.917.708) to the subsidiaries - non-controlling
153
Ringkasan laporan laba rugi dan penghasilan Summarized consolidated statements of profit or
komprehensif lain konsolidasian: (lanjutan) loss and other comprehensive income: (continued)
Tahun yang Berakhir

pada Tanggal
31 Desember 2019/
Year Ended
December 31, 2019
PT Reswara Minergi
Hartama
Pendapatan dari kontrak dengan pelanggan 292.624.138 Revenue with contracts with customers

Rugi komprehensif lain tahun berjalan, setelah pajak (97.070) Other comprehensive loss for the year, net of tax
Total rugi komprehensif tahun berjalan (4.299.543) Total comprehensive loss for the year
Total rugi komprehensif yang diatribusikan kepada Total comprehensive loss attributable
kepentingan non-pengendali entitas anak (3.498.853) to the subsidiaries - non-controlling interests
Ringkasan laporan arus kas konsolidasian: Summarized consolidated statements of cash

flows:
Tahun yang Berakhir

pada Tanggal
31 Desember 2020/
Year Ended
December 31, 2020
PT Reswara Minergi
Hartama
Arus kas neto yang diperoleh dari

aktivitas operasi 27.392.446 Net cash flow provided by operating activities
Arus kas neto yang digunakan untuk Net cash flows used in
aktivitas investasi (20.084.828) investing activities
aktivitas pendanaan (11.994.766) financing activities
Penurunan neto kas dan setara kas (4.687.148) Decrease in cash and cash equivalents
Kas dan setara kas awal tahun 15.246.393 Cash and cash equivalents at beginning of year
Dampak perubahan selisih kurs Effect of exchange rate differences
terhadap kas dan setara kas (33.392) on cash and cash equivalents
Kas dan setara kas pada akhir tahun 10.525.853 Cash and cash equivalents at end of year
154
Ringkasan laporan arus kas konsolidasian: (lanjutan) Summarized consolidated statements of cash
flows: (continued)
Tahun yang Berakhir

pada Tanggal
31 Desember 2019/
Year Ended
December 31, 2019
PT Reswara Minergi
Hartama
Arus kas neto yang diperoleh dari aktivitas operasi 50.334.070 Net cash flow provided by operating activities
aktivitas investasi (999.045) investing activities
aktivitas pendanaan (42.179.254) financing activities
Kenaikan neto kas dan setara kas 7.155.771 Increase in cash and cash equivalents
Kas dan bank awal tahun 8.005.194 Cash and cash equivalents at beginning of year
Dampak perubahan selisih kurs Effect of exchange rate differences
terhadap kas dan setara kas 85.428 on cash and cash equivalents
Kas dan setara kas pada akhir tahun 15.246.393 Cash and cash equivalents at end of year
25. DIVIDEN KAS DAN CADANGAN UMUM 25. CASH DIVIDENDS AND GENERAL RESERVE
Dalam rangka memenuhi Undang-undang Perseroan In compliance with Corporation Law No. 40 of 2007
Terbatas No. 40 Tahun 2007 tanggal 16 Agustus dated August 16, 2007, which requires companies
2007, yang mengharuskan perusahaan-perusahaan to set aside, on a gradual basis, an amount
secara bertahap mencadangkan sekurang- equivalent to at least 20% of their subscribed
kurangnya 20% dari modal yang ditempatkan capital as general reserve, based on Annual
sebagai cadangan dana umum, maka berdasarkan General Shareholders Meeting held on
Rapat Umum Pemegang Saham Tahunan yang June 18, 2020 which was covered by Notarial Deed
diselenggarakan pada tanggal 18 Juni 2020, yang No. 145 dated June 18, 2020 of Jose Dima Satria,
telah diaktakan dalam Akta Notaris Jose Dima Satria, S.H., M.Kn., the shareholders approved, among
S.H., M.Kn., No. 145 tanggal 18 Juni 2020, others, the following:
pemegang saham menyetujui, antara lain, sebagai
berikut:
a. Penambahan cadangan umum atas saldo laba a. Additional appropriation of retained earnings
yang telah ditentukan penggunaannya sebesar for general reserve amounting to US$100,000;
AS$100.000; dan and
b. Pembagian dividen kas sebesar AS$0,00092 per b. The distribution of cash dividends amounting
saham atau sejumlah AS$2.522.791 yang to US$0.00092 per share or totaling
diambil dari laba tahun 2019 yang dapat US$2,522,791 which were taken from income
diatribusikan kepada pemilik entitas induk. Pada for 2019 attributable to equity holders of the
bulan Juli 2020, Perusahaan telah melakukan parent company. In July 2020, the Company
pembayaran atas dividen kas. has paid such cash dividends.
155
25. DIVIDEN KAS DAN CADANGAN UMUM (lanjutan) 25. CASH DIVIDENDS AND GENERAL RESERVE
(continued)
Berdasarkan Rapat Umum Pemegang Saham Based on Annual General Shareholders Meeting
Tahunan yang diselenggarakan pada tanggal 2 Mei held on May 2, 2019 which was covered by Notarial
2019, yang telah diaktakan dalam Akta Notaris Jose Deed No. 11 dated May 2, 2019 of Jose Dima
Dima Satria, S.H., M.Kn., No. 11 tanggal 2 Mei 2019, Satria, S.H., M.Kn., the shareholders approved,
pemegang saham menyetujui, antara lain, sebagai among others, the following:.
berikut:
a. Penambahan cadangan umum atas saldo laba a. Additional appropriation of retained earnings
yang telah ditentukan penggunaannya sebesar for general reserve amounting to US$100,000;
AS$100.000; dan and
b. Pembagian dividen kas sebesar AS$0,00251 per b. The distribution of cash dividends amounting
saham atau sejumlah AS$6.907.031 yang to US$0.00251 per share or totaling
diambil dari laba tahun 2018 yang dapat US$6,907,031 which were taken from income
diatribusikan kepada pemilik entitas induk. Pada for 2018 attributable to equity holders of the
bulan Juni 2019, Perusahaan telah melakukan parent company. In June 2019, the Company
pembayaran atas dividen kas. has paid such cash dividends.
26. PENDAPATAN DARI KONTRAK DENGAN 26. REVENUE FROM CONTRACTS WITH
PELANGGAN CUSTOMERS
Rincian pendapatan dari kontrak dengan pelanggan The details of revenue from contracts with
adalah sebagai berikut: customers are as follows:

31 Desember/
2020 2019
Kontraktor tambang dan tambang batubara 465.837.039 425.861.907 Mining contractors and coal mining
Jasa Services
Logistik dan sewa kapal 87.326.175 97.063.274 Logistics and vessel rental
Divisi Site Services (“SSD”) Site Services Division (“SSD”)
dan Repabrikasi 31.375.726 40.262.437 and Remanufacturing
Sewa mesin pembangkit tenaga listrik 197.088 - Power engine rental
Pabrikasi 19.566.706 25.837.774 Manufacturing
Perdagangan bahan bakar 2.104.642 3.369.560 Fuel trading
Total 606.407.376 592.394.952 Total
Pada tanggal 31 Desember 2020 dan 2019, nilai As of December 31, 2020 and 2019, construction
kontrak konstruksi adalah sebagai berikut: contracts are as follows:

31 Desember/
2020 2019
Pendapatan kontrak 17.851.140 20.318.335 Contract revenue

Agregat biaya yang terjadi dan Aggregate amount of costs incurred
laba yang diakui sampai and recognized profit
tanggal pelaporan 14.403.437 5.061.358 up to the reporting date
Aset terkait kontrak konstruksi 565.287 72.471 Asset related to construction contract
Liabititas terkait kontrak konstruksi (4.743.673) (3.234.930) Liabilities related to construction contract
156
26. PENDAPATAN DARI KONTRAK DENGAN 26. REVENUE FROM CONTRACTS WITH
PELANGGAN (lanjutan) CUSTOMERS (continued)
Rincian pendapatan dari kontrak dengan pelanggan The details of revenue from contracts with
yang melebihi 10% dari total pendapatan dari kontrak customers to individual customers representing
dengan pelanggan adalah sebagai berikut: more than 10% of the total revenue from contractss
with customers are as follows:

31 Desember/
2020 2019
Nilai: Amount:
Mulia Green Resources Pte. Ltd., Mulia Green Resources Pte. Ltd.,
Singapura 147.089.692 132.894.672 Singapore
PT Trakindo Utama 49.926.244 62.570.895 PT Trakindo Utama
Persentase: Percentage:
Mulia Green Resources Pte. Ltd., Mulia Green Resources Pte. Ltd.,
Singapura 24,26% 22,43% Singapore
PT Trakindo Utama 8,23% 10,56% PT Trakindo Utama
Pendapatan dari Mulia Green Resources Pte. Ltd., Revenue from Mulia Green Resources Pte. Ltd.,
Singapura merupakan pendapatan yang berasal dari Singapore represents revenue from mining
segmen kontraktor tambang dan tambang batubara. contractors and coal mining segment.
Pendapatan dari PT Trakindo Utama berasal dari Revenue from PT Trakindo Utama represents
segmen jasa logistik dan sewa kapal, SSD dan revenue from logistic and vessel rental, SSD and
repabrikasi dan perdagangan bahan bakar masing - remanufacturing services and fuel trading segment
masing sebesar AS$41.551.568, AS$8.332.089 dan amounting to US$41,551,568, US$8,332,089 and
AS$42.587. US$42,587, respectively.
27. BEBAN POKOK PENDAPATAN 27. COST OF REVENUE
Rincian beban pokok pendapatan adalah sebagai The details of cost of revenue are as follows:
berikut

31 Desember/
2020 2019
Kontraktor tambang dan tambang batubara 280.598.398 257.575.773 Mining contractors and coal mining
Jasa Services
Logistik dan sewa kapal 102.020.805 104.485.560 Logistic and vessel rental
Divisi Site Services (“SSD”) dan Site Services Division (“SSD”)
Repabrikasi 22.264.003 19.503.293 and Remanufacturing
Sewa mesin pembangkit tenaga listrik 109.692 - Power engine rental
Perdagangan bahan bakar 71.567.476 67.096.468 Fuel trading
Pabrikasi 28.331.989 35.903.097 Manufacturing
Total 504.892.363 484.564.191 Total
Untuk tahun yang berakhir pada tanggal For the years ended December 31, 2020 and 2019,
31 Desember 2020 dan 2019, tidak ada transaksi there were no purchase made to any single supplier
dari satu pemasok yang jumlah pembelian with a cumulative amount exceeding 10% of the total
kumulatifnya melebihi 10% dari pendapatan dari revenue from contracts with customers.
kontrak dengan pelanggan.
157
28. BEBAN PENJUALAN, UMUM DAN ADMINISTRASI 28. SELLING, GENERAL AND ADMINISTRATIVE
EXPENSES
Rincian beban penjualan, umum dan administrasi The details of selling, general and administrative
adalah sebagai berikut: expenses are as follows:

31 Desember/
2020 2019
Gaji dan kesejahteraan karyawan 20.667.014 26.665.286 Salaries and employees’ benefits
Biaya penjualan 7.162.367 8.571.200 Selling expenses
Honorarium tenaga ahli 6.639.699 10.277.048 Professional fees
Penyusutan dan amortisasi 3.789.246 1.003.424 Depreciation and amortization
Informasi dan teknologi 3.396.164 3.336.440 Information and technology
Penyisihan (pembalikan) kerugian Provision (reversal) for impairment
penurunan nilai piutang usaha - neto losses on trade receivables - net
(Catatan 6) 2.740.539 (2.076.162) (Note 6)
Penyisihan kerugian Provision for impairment
penurunan nilai piutang non-usaha 2.100.025 227.944 losses on non-trade receivables
Sewa 1.756.010 3.259.877 Rental
Peralatan dan fasilitas 687.543 785.826 Utilities and facilities
Perjalanan dinas 465.607 1.219.372 Travelling
Telekomunikasi 337.090 183.720 Telecommunication
Lain-lain 4.340.154 4.886.789 Others
Total 54.081.458 58.340.764 Total
29. LIABILITAS IMBALAN KERJA JANGKA 29. LONG-TERM EMPLOYEE BENEFITS LIABILITY
PANJANG
Dana Pensiun Iuran Pasti Defined Contribution Pension Plan
Perusahaan dan entitas anak tertentu The Company and certain subsidiaries have a
menyelenggarakan program pensiun iuran pasti defined contribution pension plan for all of their
untuk semua karyawan tetap yang memenuhi eligible permanent employees. The defined
syarat. Program pensiun iuran pasti Perusahaan contribution pension plan is managed by
dikelola oleh Dana Pensiun Lembaga Keuangan Dana Pensiun Lembaga Keuangan PT Bank Negara
PT Bank Negara Indonesia (Persero) Tbk. Indonesia (Persero) Tbk.
Dana Pensiun Manfaat Pasti Defined Benefit Pension Plan
Perusahaan dan beberapa entitas anak tertentu The Company and certain subsidiaries have a
menyelenggarakan dana pensiun manfaat pasti defined benefit pension plan, covering certain
untuk sebagian karyawan tetap yang didanai melalui permanent employees, which plan is funded through
kontribusi bulanan kepada dana pensiun yang monthly contributions to a separately administered
dikelola terpisah. Program pensiun manfaat pasti fund. The pension plan is managed by
dikelola oleh Dana Pensiun PT Trakindo Utama. Dana Pensiun PT Trakindo Utama. The fund for the
Sumber dana program pensiun berasal dari pension plan is contributed by the Company and
kontribusi Perusahaan dan beberapa entitas anak certain subsidiaries and their covered employees.
tertentu, dan karyawan yang termasuk dalam The benefits under such pension plan
program pensiun ini. Manfaat dana pensiun tersebut have been adjusted to cover minimum benefits
telah disesuaikan dengan manfaat minimal sesuai under Labor Law No. 13/2003 dated
UU No. 13/2003 tanggal 25 Maret 2003 (“Undang- March 25, 2003 (“the Law”). The additional benefits
undang”). Tambahan manfaat pasti di luar dari under the Law are unfunded. The normal retirement
Undang-undang tidak didanai. Umur normal pensiun age is 55 years.
adalah 55 tahun.
158
PANJANG (lanjutan) (continued)
Dana Pensiun Manfaat Pasti (lanjutan) Defined Benefit Pension Plan (continued)
Liabilitas berdasarkan Undang-undang telah dihitung The obligation under the Law has been calculated
dengan membandingkan manfaat yang akan diterima by comparing the benefit that will be received by an
oleh karyawan pada usia pensiun normal dari Dana employee at normal pension age from the Pension
Pensiun dengan manfaat yang diperoleh sesuai Plan with the benefit as stipulated under the Law
dengan Undang-undang setelah dikurangi akumulasi after deducting the accumulated employer
kontribusi dari pemberi kerja dan hasil investasi contributions and the related investment results.
terkait. Jika manfaat dana yang didanai pemberi kerja If the employer-funded portion of the Pension Plan
lebih kecil dari manfaat sesuai Undang-undang, Grup benefit is less than the benefit as required by the
akan menyediakan kekurangannya. Law, the Group will provide for such shortage.
Beberapa karyawan tetap tidak ikut serta dalam Some permanent employees are not covered in
kedua program. Liabilitas imbalan kerja Grup atas both programs. The Group’s liability for the benefits
karyawan tersebut dihitung berdasarkan persyaratan of these employees is calculated based on the
minimum Undang-undang. minimum requirement of the Law.
Liabilitas imbalan kerja karyawan pada tanggal The employee benefits liability as of
31 Desember 2020 dan 2019 yang diakui dalam December 31, 2020 and 2019 recognized in the
laporan posisi keuangan konsolidasian ditentukan consolidated statement of financial position were
melalui perhitungan aktuaria independen determined through actuarial valuations
PT Towers Watson Purbajaga (2019: PT Sentra Jasa performed by an independent actuary
Aktuaria) berdasarkan laporannya yang tanggal PT Towers Watson Purbajaga (2019: PT Sentra
18 Maret 2021 untuk tanggal 31 Desember 2020 dan Jasa Aktuaria) based on its reports dated
6 Mei 2020 untuk tanggal 31 Desember 2019. March 18, 2021 for December 31, 2020 and
May 6, 2020 for December 31, 2019.
Asumsi-asumsi utama yang digunakan dalam The principal assumptions used in determining the
menghitung liabilitas imbalan kerja karyawan pada liability for employee benefits as of
tanggal 31 Desember 2020 dan 2019 adalah sebagai December 31, 2020 and 2019 are as follows:
berikut:

Tingkat diskonto 3,64% - 7,81% p.a 5,41% - 8,21% p.a Discount rate
Kenaikan gaji tahunan 2021 - 2025: 5,00% p.a 8,00% p.a Annual salary increase
> 2025: 8,00% p.a
Tingkat investasi 3,64% - 7,81% 5,96% - 8,00% p.a Investment rate
Tingkat mortalitas TMI 4 (2019) TMI 3 (2011) Mortality rate
Usia pensiun 55 tahun (asumsi seluruh karyawan pensiun pada usia pensiun)/ Retirement age
55 years (all employees are assumed to retire at the retirement age)
Tingkat pengunduran diri 6% untuk karyawan usia di bawah 30 tahun dan menurun hingga 0% Resignation rate
pada usia 53 tahun/
6% for employees before age of 30 years and will linearly decrease
until 0% at the age of 53 years
Tingkat kecacatan 10% dari tingkat mortalitas/10% of the mortality rate Disability rate
159
a. Beban Imbalan Kerja Neto a. Net Employee Benefits Expense
Rincian beban imbalan kerja karyawan adalah The details of employee benefits expense are
Tidak didanai/Unfunded plan
Imbalan
jangka
Imbalan panjang
pasca kerja/ lainnya/
Post Other
Didanai/ employment long-term Total/
Funded benefit benefits Total
31 Desember 2020 December 31, 2020

Biaya jasa kini 186.904 3.127.091 523.573 3.837.568 Current service cost
Biaya bunga - neto 53.170 774.693 155.365 983.228 Interest cost - net
Laba aktuarial Net actuarial gain
tahun berjalan - neto - - 28.362 28.362 recognized in the year - net
Beban imbalan kerja neto 240.074 3.901.784 707.300 4.849.158 Net employee benefits expense
Tidak didanai/Unfunded plan
Imbalan
jangka
Imbalan panjang
pasca kerja/ lainnya/
Post Other
Didanai/ employment long-term Total/
Funded benefit benefits Total
31 Desember 2019 December 31, 2019

Biaya jasa kini 182.634 3.224.389 351.526 3.758.549 Current service cost
Kurtailmen (77.782) (718.051) (91.289) (887.122) Curtailment
Biaya bunga - neto 11.331 920.091 180.439 1.111.861 Interest cost - net
Laba aktuarial Net actuarial gain
tahun berjalan - neto - - 25.265 25.265 recognized in the year - net
Beban imbalan kerja neto 116.183 3.426.429 465.941 4.008.553 Net employee benefits expense
b. Liabilitas Imbalan Kerja Karyawan b. Liability for Employee Benefits
Rincian liabilitas imbalan kerja neto adalah The details of the net liability for employee
sebagai berikut: benefits:
Didanai/ Tidak Didanai/ Total/

Funded Plan Unfunded Plan Total
Nilai kini kewajiban Present value of defined

imbalan pasti 5.839.836 21.858.816 27.698.652 benefit obligation
Nilai wajar aset program (3.129.545) (891.642) (4.021.187) Fair value of plan assets
Liabilitas imbalan Long-term employee

kerja jangka panjang 2.710.291 20.967.174 23.677.465 benefits liability
160
b. Liabilitas Imbalan Kerja Karyawan (lanjutan) b. Liability for Employee Benefits (continued)
Rincian liabilitas imbalan kerja neto adalah The details of the net liability for employee
sebagai berikut: (lanjutan) benefits: (continued)

Nilai kini kewajiban Present value of defined

imbalan pasti 4.079.027 19.401.016 23.480.043 benefit obligation
Nilai wajar aset program (3.128.327) (1.381.857) (4.510.184) Fair value of plan assets
Liabilitas imbalan Long-term employee

kerja jangka panjang 950.700 18.019.159 18.969.859 benefits liability
Mutasi nilai kini kewajiban imbalan pasti adalah The movements in present value of defined
sebagai berikut: benefit obligation are as follows:


Nilai kini kewajiban imbalan Present value of defined benefit

pasti 1 Januari 4.079.027 19.401.016 23.480.043 obligation on January 1
Biaya jasa kini 186.905 3.650.664 3.837.569 Current service cost
Biaya bunga 210.903 1.001.295 1.212.198 Interest cost
Kontribusi peserta 47.614 - 47.614 Contribution by plan participants
Pembayaran manfaat Benefits paid -
berdasarkan dana pensiun (190.208) (2.401.186) (2.591.394) pension fund
Transfer masuk - 167.065 167.065 Transfer in
Rugi aktuarial dari perubahan Actuarial loss from changes
asumsi demografi 156.616 110.608 267.224 in demographic assumption
Rugi (laba) aktuarial dari perubahan Actuarial loss (gain) from changes
asumsi keuangan 171.743 (1.231.723) (1.059.980) in financial assumption
Rugi aktuarial dari Actuarial loss from changes
penyesuaian pengalaman 1.177.912 1.387.463 2.565.375 from experience adjustment
Selisih translasi (675) (226.387) (227.062) Translation difference

pasti 5.839.837 21.858.815 27.698.652 obligation
161
Mutasi nilai kini kewajiban imbalan pasti adalah The movements in present value of defined
sebagai berikut: (lanjutan) benefit obligation are as follows: (continued)



pasti 1 Januari 3.135.255 14.123.949 17.259.204 obligation on January 1
Biaya jasa kini 182.634 3.575.915 3.758.549 Current service cost
Biaya bunga 262.294 1.186.553 1.448.847 Interest cost
Kontribusi peserta 44.420 - 44.420 Contribution by plan participants
Pembayaran manfaat Benefits paid -
berdasarkan dana pensiun (141.934) (319.810) (461.744) pension fund
Pembayaran manfaat Benefits paid
oleh pemberi kerja - (441.951) (441.951) by employer
Transfer masuk 209.258 66.139 275.397 Transfer in
Kurtailmen (77.782) (809.340) (887.122) Curtailment
Laba aktuarial dari perubahan Actuarial gain from changes
asumsi demografi - (190.014) (190.014) in demographic assumption
Rugi aktuarial dari perubahan Actuarial loss from changes
asumsi keuangan 138.299 978.038 1.116.337 in financial assumption
Rugi aktuarial dari Actuarial loss from changes
penyesuaian pengalaman 181.689 557.028 738.717 from experience adjustment
Selisih translasi 144.894 674.509 819.403 Translation difference

pasti 4.079.027 19.401.016 23.480.043 obligation
Mutasi nilai wajar aset program adalah sebagai The movements in fair value of plan assets are
berikut: as follows:

31 Desember/
2020 2019
Nilai wajar aset program 1 Januari 4.510.184 4.119.155 Fair value of plan assets on January 1
Pengembalian aset program (160.585) 343.628 Return on plan assets
Kontribusi perusahaan 543.004 601.414 Contribution by the employer
Kontribusi pekerja 47.614 44.420 Contribution by the participant
Pembayaran manfaat (1.049.768) (461.744) Benefits payment
(Laba) rugi aktuaria atas aset program 232.984 (316.370) Actuarial (gains) losses on plan assets
Selisih translasi (102.246) 179.681 Translation difference
Nilai wajar aset program 4.021.187 4.510.184 Fair value of plan assets
162
Mutasi liabilitas imbalan kerja karyawan untuk Movements in the employee benefits liability
tahun yang berakhir pada tanggal for the year ended December 31, 2020 and
31 Desember 2020 dan 2019 adalah sebagai 2019 are as follows:
berikut:


Saldo awal 950.700 18.019.159 18.969.859 Beginning balance

Beban imbalan kerja 186.904 3.650.664 3.837.568 Employee benefits expense
Beban imbalan kerja yang Employee benefits expense
diakui dalam penghasilan recognized in the other
komprehensif lain 1.609.331 288.958 1.898.289 comprehensive income
Transfer masuk - 172.634 172.634 Transfer in
Pembayaran kontribusi (112.658) (430.346) (543.004) Contribution paid
Pembayaran manfaat - (1.529.826) (1.529.826) Benefits paid
Bunga neto atas Net interest on
imbalan pasti neto net defined liability
diakui pada laba rugi 49.155 930.058 979.213 recognized in profit or loss
Laba pengukuran kembali Remeasurement gain
yang diakui pada laba rugi - 28.362 28.362 recognized in profit or loss
Selisih translasi 26.859 (162.489) (135.630) Translation difference
Saldo akhir 2.710.291 20.967.174 23.677.465 Ending balance


Saldo awal 132.622 13.088.331 13.220.953 Beginning balance

Beban imbalan kerja 116.183 3.892.370 4.008.553 Employee benefits expense
Beban imbalan kerja yang Employee benefits expense
diakui dalam penghasilan recognized in the other
komprehensif lain 560.255 1.308.001 1.868.256 comprehensive income
Transfer masuk 212.946 67.305 280.251 Transfer in
Pembayaran kontribusi (87.223) (514.191) (601.414) Contribution paid
Pembayaran manfaat - (441.951) (441.951) Benefits paid
Selisih translasi 15.917 619.294 635.211 Translation difference
Saldo akhir 950.700 18.019.159 18.969.859 Ending balance
163
Analisa sensitivitas kuantitatif untuk asumsi- A quantitative sensitivity analysis for

asumsi yang signifikan pada tanggal significant assumptions as of
31 Desember 2020 adalah sebagai berikut: December 31, 2020 is as follows: (continued)
(lanjutan)
Tingkat Diskonto (Tidak Didanai)/

Discount Rate (Unfunded)
1% Kenaikan/ 1% Penurunan/
Increase Decrease
Pengaruh pada kewajiban Impact on the defined

imbalan pasti (1.576.713) 1.800.257 benefit obligation
Pengaruh pada biaya jasa kini Impact on the current service cost
dan biaya bunga (257.885) 293.161 and interest cost
Tingkat Diskonto (Didanai)/

Discount Rate (Funded)
Increase Decrease

imbalan pasti (745.260) 914.733 benefit obligation
Kenaikan Gaji (Tidak Didanai)/

Salary Increase (Unfunded)
Increase Decrease

imbalan pasti 2.297.601 (2.015.411) benefit obligation
dan biaya bunga 324.296 (273.678) and interest cost
Kenaikan Gaji (Didanai)/

Salary Increase (Funded)
Increase Decrease

imbalan pasti 239.956 (223.852) benefit obligation
Analisa sensitivitas kuantitatif untuk asumsi- A quantitative sensitivity analysis for significant
asumsi yang signifikan pada tanggal assumptions as of December 31, 2019 is as
31 Desember 2019 adalah sebagai berikut: follows:
Tingkat Diskonto (Tidak Didanai)/

Discount Rate (Unfunded)
Increase Decrease

imbalan pasti (1.758.489) 2.021.783 benefit obligation
164
s29. LIABILITAS IMBALAN KERJA JANGKA 29. LONG-TERM EMPLOYEE BENEFITS LIABILITY
Analisa sensitivitas kuantitatif untuk asumsi- A quantitative sensitivity analysis for significant
asumsi yang signifikan pada tanggal assumptions as of December 31, 2019 is as
31 Desember 2019 adalah sebagai berikut: follows: (continued)
(lanjutan)
Tingkat Diskonto (Didanai)/

Discount Rate (Funded)
Increase Decrease

imbalan pasti (205.251) 224.913 benefit obligation
Kenaikan Gaji (Tidak Didanai)/

Salary Increase (Unfunded)
Increase Decrease

imbalan pasti 1.903.634 (1.685.750) benefit obligation
Kenaikan Gaji (Didanai)/

Salary Increase (Funded)
Increase Decrease

imbalan pasti 190.908 (178.717) benefit obligation
Jatuh tempo kewajiban imbalan pasti pada The maturity profile of defined benefit obligation
tanggal 31 Desember 2020 adalah sebagai as of December 31, 2020 is as follows:
berikut:
31 Desember 2020/
December 31, 2020
Dalam jangka waktu 12 bulan 654.899 Within the next 12 months

Antara 1 dan 2 tahun 3.001.283 Between 1 and 2 years
Antara 2 dan 5 tahun 10.160.559 Between 2 and 5 years
Lebih dari 5 tahun 160.438.855 Beyond 5 years
Durasi rata-rata (dalam tahun) dari liabilitas The average duration (in years) of the benefit
imbalan kerja pada tanggal 31 Desember 2020 obligation as of December 31, 2020 is
adalah 11,65 tahun. 11.65 years.
Durasi rata-rata (dalam tahun) dari liabilitas The average duration (in years) of the benefit
imbalan kerja pada tanggal 31 Desember 2019 obligation as of December 31, 2019 are
adalah 12,98 tahun untuk yang didanai dan 12.98 years for funded and 10.82 for unfunded.
10,82 tahun untuk yang tidak didanai.
165
ss
30. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 30. BALANCES AND TRANSACTIONS WITH
BERELASI RELATED PARTIES
Dalam kegiatan usaha normal, Grup melakukan In the normal course of business, the Group has
transaksi dengan pihak-pihak berelasi. Entitas transactions with entities which are considered
dianggap sebagai pihak berelasi dari Grup berkaitan related parties. The entities are considered related
dengan kesamaan pemilik. Harga jual atau beli parties of the Group in view of their common
antara pihak-pihak berelasi ditentukan berdasarkan ownership. Sales or purchase price among related
harga yang disepakati oleh kedua belah pihak. parties is determined based on prices agreed by
both parties.
Rincian transaksi dan saldo transaksi dengan pihak- The details of transactions and balances with
pihak berelasi adalah sebagai berikut: related parties are as follows:
a. Saldo Signifikan dengan Pihak-pihak Berelasi a. Significant Balances with Related Parties
Persentase terhadap
total aset konsolidasian/
Percentage to
Total/Total total consolidated assets
31 Desember 2020/ 31 Desember 2019/ 31 Desember 2020/ 31 Desember 2019/

December 31, 2020 December 31, 2019 December 31, 2020 December 31, 2019
Piutang Usaha (Catatan 6) Trade Receivables (Note 6)

PT Multi Harapan Utama 29.246.116 16.100.130 3,54% 1,88% PT Multi Harapan Utama
PT Trakindo Utama 3.662.644 9.831.377 0,44% 1,15% PT Trakindo Utama
PT Energi Alamraya Semesta 802.394 802.394 0,10% 0,09% PT Energi Alamraya Semesta
PT Chakra Jawara 273.408 3.163.270 0,03% 0,37% PT Chakra Jawara
PT Sumberdaya Sewatama 151.853 227.501 0,02% 0,03% PT Sumberdaya Sewatama
PT Chitra Paratama 27.867 70.589 0,00% 0,01% PT Chitra Paratama
PT Tri Swardana Utama 17.296 44.427 0,00% 0,01% PT Tri Swardana Utama
PT Mitra Solusi Telematika 13.310 32.811 0,00% 0,00% PT Mitra Solusi Telematika
Halcon Primo Logistic Pte. Ltd., Halcon Primo Logistic Pte. Ltd.,
Singapura 11.774 1.307 0,00% 0,00% Singapore
PT Wargi Santosa 11.509 - 0,00% - PT Wargi Santosa
PT Chandra Sakti Utama Leasing 3.080 4.093 0,00% 0,00% PT Chandra Sakti Utama Leasing
PT Tiara Marga Trakindo 2.100 - 0,00% - PT Tiara Marga Trakindo
Total 34.223.351 30.277.899 4,14% 3,54% Total

Cadangan kerugian Allowance for
penurunan nilai (898.150) (802.394) (0,11%) (0,09%) impairment losses
Neto 33.325.201 29.475.505 4,03% 3,45% Net
Piutang Non-usaha Non-trade Receivables

PT Multi Harapan Utama 4.478.412 159.659 0,54% 0,02% PT Multi Harapan Utama
PT Agro City Kaltim 1.088.467 1.155.354 0,13% 0,14% PT Agro City Kaltim
PT Trakindo Utama 810.077 2.152.178 0,10% 0,25% PT Trakindo Utama
PT Chitra Paratama 481 74 0,00% 0,00% PT Chitra Paratama
PT Chakra Jawara 39 96 0,00% 0,00% PT Chakra Jawara
Total 7.185.333 3.910.691 0,86% 0,46% Total

Cadangan kerugian Allowance for
penurunan nilai (1.379.644) (409.721) (0,16%) (0,05%) impairment losses
Dikurangi bagian jangka panjang - (1.019.612) - (0,12%) Less non-current portion
Bagian jangka pendek 5.805.689 2.481.358 0,70% 0,29% Current portion
166
BERELASI (lanjutan) RELATED PARTIES (continued)
a. Saldo Signifikan dengan Pihak-pihak Berelasi a. Significant Balances with Related Parties
Persentase terhadap
total liabilitas konsolidasian/
Percentage to total consolidated
Total/Total liabilities
31 Desember 2020/ 31 Desember 2019/ 31 Desember 2020/ 31 Desember 2019/

December 31, 2020 December 31, 2019 December 31, 2020 December 31, 2019
Utang Usaha (Catatan 14) Trade Payables (Note 14)

PT Chitra Paratama 3.782.385 2.869.138 0,57% 0,47% PT Chitra Paratama
PT Wargi Santosa 2.276.067 1.244.389 0,34% 0,20% PT Wargi Santosa
PT Chakra Jawara 1.884.739 3.111.202 0,28% 0,51% PT Chakra Jawara
PT Sumberdaya Sewatama 1.402.926 979.594 0,21% 0,16% PT Sumberdaya Sewatama
PT Karya Kharisma Mandiri 1.109.761 - 0,17% - PT Karya Kharisma Mandiri
Halcon Primo Logistics Pte. Ltd., Halcon Primo Logistics Pte. Ltd.,
Singapura 25.796 117.324 0,00% 0,02% Singapore
PT Triyasa Propertindo 6.625 219 0,00% 0,00% PT Triyasa Propertindo
Pan Terra Pte. Ltd., Singapura 3.295 42.966 0,00% 0,01% Pan Terra Pte. Ltd., Singapore
PT Tiara Marga Trakindo 1.480 11.998 0,00% 0,00% PT Tiara Marga Trakindo
PT Chandra Sakti Utama Leasing 745 963 0,00% 0,00% PT Chandra Sakti Utama Leasing
Total 60.103.988 40.107.204 9,03% 6,59% Total
Utang Non-usaha Non-trade Payables

PT Sumberdaya Sewatama 4.408.887 6.339.823 0,66% 1,04% PT Sumberdaya Sewatama
PT Tiara Marga Trakindo 68.626 72.302 0,01% 0,01% PT Tiara Marga Trakindo
PT Chakra Jawara 6.160 58.312 0,00% 0,01% PT Chakra Jawara
PT Trakindo Utama 1.497 17.268 0,00% 0,00% PT Trakindo Utama
PT Triyasa Propertindo 824 3.421 0,00% 0,00% PT Triyasa Propertindo
PT Chandra Sakti Utama Leasing 80 1.670 0,00% 0,00% PT Chandra Sakti Utama Leasing
Total 4.939.349 6.891.058 0,74% 1,13% Total
Uang Muka Pelanggan Advances from Customers

(Catatan 17) (Note 17)
PT SSB Sammitr Distribution 212.696 - 0,03% - PT SSB Sammitr Distribution
PT Trakindo Utama 3.397 4.162 0.00% 0,00% PT Trakindo Utama
Total 3.406.451 2.609.257 0,51% 0,43% Total
Liabilitas Sewa Lease Liabilities

(Catatan 19) (Note 19)
PT Chandra Sakti Utama Leasing 6.525.701 11.943.076 0,98% 1,96% PT Chandra Sakti Utama Leasing
PT Wargi Santosa 5.604.878 - 0,84% - PT Wargi Santosa
PT Tiara Marga Trakindo 5.174.392 - 0,78% - PT Tiara Marga Trakindo
PT Trakindo Utama 2.082.623 - 0,31% - PT Trakindo Utama
PT Mitra Solusi Telematika 234.146 - 0,04% - PT Mitra Solusi Telematika
Total 19.621.740 11.943.076 2,95% 1,96% Total
167
b. Transaksi Signifikan dengan Pihak-pihak b. Significant Transactions with Related

Berelasi Parties
Persentase terhadap total
pendapatan dari kontrak
Tahun yang berakhir pada tanggal dengan pelanggan /
31 Desember/ Percentage to total revenue from
Year ended December 31, contracts with customers
2020 2019 2020 2019
Pendapatan dari Kontrak Revenue from Contracts

Dengan Pelanggan with Customers
PT Multi Harapan Utama 54.552.218 23.703.702 9,00% 4,00% PT Multi Harapan Utama
PT Chitra Paratama 213.860 258.276 0,04% 0,04% PT Chitra Paratama
Singapura 51.857 - 0,01% - Singapore
PT Chandra Sakti Utama Leasing 45.478 46.459 0,01% 0,01% PT Chandra Sakti Utama Leasing
Total 108.651.765 94.096.321 17,92% 15,88% Total
Persentase terhadap
Tahun yang berakhir pada tanggal beban terkait/
31 Desember/ Percentage to
Year ended December 31, total respective expenses
2020 2019 2020 2019
Sewa Ruang Kantor, Tempat Rented Office Space, Parking Spaces

Parkir dan Kendaraan and Vehicles
PT Tiara Marga Trakindo 673.816 1.275.623 0,13% 0,13% PT Tiara Marga Trakindo
PT Trakindo Utama 7.586 109 0,00% 0,01% PT Trakindo Utama
PT Sumberdaya Sewatama 1.695 - 0,00% 0,00% PT Sumberdaya Sewatama
PT Triyasa Propertindo 7 133 0,00% 0,00% PT Triyasa Propertindo
Total 1.049.256 1.441.069 0,21% 0,29% Total
Sewa alat berat Rented Heavy Equipment

PT Karya Kharisma Mandiri 9.895.866 - 1,96% - PT Karya Kharisma Mandiri
PT Wargi Santosa 2.074.813 - 0,41% - PT Wargi Santosa
PT Chitra Paratama 197.924 - 0,04% - PT Chitra Paratama
PT Chakra Jawara 31.668 - 0,01% - PT Chakra Jawara
Total 26.078.102 17.138.095 5,17% 3,53% Total
Persentase terhadap total

Tahun yang berakhir pada tanggal aset konsolidasian/
31 Desember/ Percentage to total
Year ended December 31, consolidated assets
2020 2019 2020 2019
Pembelian Aset Tetap Purchase of Fixed Assets

PT Chakra Jawara 5.048.174 196.336 0,61% 0,02% PT Chakra Jawara
PT Sumberdaya Sewatama 287.880 - 0,03% - PT Sumberdaya Sewatama
PT Chitra Paratama 39.933 59.988 0,00% 0, 01% PT Chitra Paratama
PT Tri Swardana Utama - 75.475 - 0,01% PT Tri Swardana Utama
Total 6.928.034 8.197.780 0,84% 0,96% Total
Pembelian Aset Takberwujud Purchase of Intangible Assets

PT Mitra Solusi Telematika - 1.404.233 - 0,16% PT Mitra Solusi Telematika
168
b. Transaksi Signifikan dengan Pihak-pihak b. Significant Transactions with Related

Berelasi (lanjutan) Parties (continued)
Persentase terhadap
Tahun yang berakhir pada tanggal beban terkait/
Year ended December 31, total respective expenses
2020 2019 2020 2019
Pembelian Jasa Teknologi dan Purchase of Information

Informasi and Technology Services
PT Mitra Solusi Telematika 3.081.622 2.669.284 5,70% 4,58% PT Mitra Solusi Telematika
PT Chandra Sakti Utama Leasing 179 1.162 0,00% 0,00% PT Chandra Sakti Utama Leasing
Total 3.081.801 2.670.446 5,70% 4,58% Total
Pembelian Suku Cadang Purchase of Spare Parts

dan Lain-lain and Others
PT Trakindo Utama 57.291.548 10.481.698 11.35% 2,16% PT Trakindo Utama
PT Chitra Paratama 10.958.398 3.923.944 2,17% 0,81% PT Chitra Paratama
PT Sumberdaya Sewatama 500.583 1.447.779 0,10% 0,30% PT Sumberdaya Sewatama
PT Wargi Sentosa 1.814 - 0,00% - PT Wargi Santosa
Singapura 1.505 - 0,00% - Singapore
Pan Terra Pte. Ltd., Singapura - 116.225 - 0,02% Pan Terra Pte. Ltd., Singapore
PT Mitra Solusi Telematika - 1.619 - 0,00% PT Mitra Solusi Telematika
Total 74.243.826 17.183.987 14,70% 3,54% Total
Biaya Keuangan Finance Charges

PT Chandra Sakti Utama Leasing 662.001 1.143.259 1,51% 3,13% PT Chandra Sakti Utama Leasing
PT Trakindo Utama 135.981 - 0,31% - PT Trakindo Utama
Total 1.884.816 1.143.259 4,30% 3,13% Total
Biaya Keterlambatan Pembayaran Late Payment Charges

PT Trakindo Utama - 2.331.808 - 35,65% PT Trakindo Utama
Persentase terhadap
Tahun yang berakhir pada tanggal pendapatan lainnya/
Year ended December 31, total other income
2020 2019 2020 2019
Pendapatan Jasa Konsultasi Consultation Fee Income

PT Multi Harapan Utama 3.795.983 156.436 30,00% 1,48% PT Multi Harapan Utama
169
c. Transaksi dengan Manajemen Kunci c. Transaction with Key Management

Personnel
Kompensasi Manajemen Kunci Key Management Compensation
Di dalam melakukan aktivitas operasionalnya, In the operational activities, the Group has
Grup memiliki beberapa personil kunci yang several key personnel consisting of the
terdiri dari Dewan Komisaris dan Direksi Grup. Group’s Boards of Commissioners and
Jumlah kompensasi manajemen kunci untuk Directors. The compensation to key
untuk tahun yang berakhir pada tanggal management for the year ended
31 Desember 2020 dan 2019 adalah sebagai December 31, 2020 and 2019 are as follows:
berikut:

31 Desember/
2020 2019
Gaji dan imbalan kerja Salaries and other short-term
jangka pendek employee benefits
Dewan Komisaris 632.019 670.782 Board of Commissioners
Direksi 3.647.287 3.822.973 Board of Directors
Total 4.279.306 4.493.755 Total
d. Utang Usaha Jangka Panjang kepada d. Long-term Trade Payables to

PT Trakindo Utama (“TU”) PT Trakindo Utama (“TU”)
Pada tanggal 31 Desember 2015, CK On December 31, 2015, CK entered into a

menandatangani perjanjian restrukturisasi atas restructuring of trade payables agreement with
utang kepada TU, pihak berelasi, sebesar TU, a related party, amounting to
AS$187,6 juta dan Rp272,9 miliar, yang akan US$187.6 million and Rp272.9 billion,
dibayarkan dengan cicilan sampai dengan whereby the payments will be settled by
Desember 2021 dan dikenakan bunga tahunan installments until December 2021 and bears
sebesar 4,5% untuk utang dalam Dolar Amerika interest at 4.5% per annum for payables in
Serikat dan 8,0% untuk utang dalam Rupiah. United States dollar and 8.0% per annum for
payables in Rupiah.
Pada tanggal 31 Desember 2018, berdasarkan On December 31, 2018, based on the second
perubahan kedua atas perjanjian restrukturisasi amendment on such restructuring agreement,
utang, CK harus melunasi semua hutang dan CK shall repay all the outstanding loan and
penalti kepada TU paling lambat pada tanggal penalty to TU the latest by June 30, 2019.
30 Juni 2019.
Pada 26 April 2019 CK sudah melunasi utang On April 26, 2019, CK has already paid off the
tersebut. debt.
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e. Kontrak Jasa Pertambangan dengan MHU e. Mining Services Contract with MHU
Pada tanggal 27 Juni 2019, CK menandatangani On June 27, 2019, CK entered

Kontrak Jasa Pertambangan nomor the Mining Services Contract
01/CK-MHU/KONT-TAMB/VI/2019 dengan no. 01/CK-MHU/KONT-TAMB/VI/2019 with
MHU, pihak berelasi, untuk pekerjaan MHU, a related party, for developing and
mengembangkan dan melaksanakan jasa implementing mining services in East
pertambangan di wilayah Kalimantan Timur Kalimantan area with an area of
dengan luas area 39.972 Ha. Kontrak tersebut 39,972 Ha. The contract is valid for five years
berlaku lima tahun hingga tanggal 1 April 2024 until April 1, 2024 with the target production of
dengan target pekerjaan sebesar 180 juta 180 million Bank Cubic Meter (“BCM”).
Bank Cubic Meter (“BCM”).
Sehubungan dengan investasi ANN pada MHU In relation with ANN’s investment to MHU
(Catatan 8), pada tanggal 31 Oktober 2019, (Note 8), on October 31, 2019, CK and MHU
CK dan MHU menandatangani Amendemen I signed the Amendment I of the Mining
atas Kontrak Jasa Pertambangan, dimana Services Contract, whereas the contract term
jangka waktu kontrak diubah menjadi jangka was changed to become life of mine (which will
waktu umur tambang (yang akan direviu setiap be reviewed each 3 years or other period
3 tahun atau waktu lain yang disepakati oleh which agreed by both parties) and increased
kedua belah pihak) dan meningkatkan target the target of production to become
pekerjaan menjadi sebesar 204,4 juta BCM. 204.4 million BCM.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020 and
31 Desember 2020 dan 2019, total pendapatan 2019, total mining services income recognized
jasa pertambangan yang diakui CK masing- by CK amounted to US$44,193,515 and
masing sebesar AS$44.193.515 dan US$21,118,151, respectively, recorded as part
AS$21.118.151, yang dicatat sebagai bagian of “Revenue from Contracts with Customers”
dari “Pendapatan dari Kontrak dengan in the consolidated statement of profit or loss
Pelanggan” pada laporan laba rugi dan and other comprehensive income.
penghasilan komprehensif lain konsolidasian.
f. Kontrak Jasa Konsultasi dengan MHU f. Consultation Fee Agreement with MHU
Sehubungan dengan investasi ANN pada MHU In relation with ANN’s investment to MHU
(Catatan 8), pada tanggal 21 Oktober 2019, ANN (Note 8), on October 21, 2019, ANN has
menandatangani Kontrak Jasa Konsultasi signed Consultation Fee Agreement with
dengan MHU, dimana ANN menyediakan jasa MHU, whereby ANN will provide consultation
konsultasi berkaitan dengan jasa pertambangan services related to mining services performed
yang dilakukan oleh CK sebagai kontraktor MHU by CK as MHU’s contractor In accordance with
sesuai dengan ketentuan yang diatur dalam the clause stipulated in the CK Mining Services
Kontrak Jasa Pertambangan CK dengan MHU Contract with MHU together with the
berikut dengan amendemennya. MHU akan amendments. MHU will be charged with
dikenakan biaya konsultasi berdasarkan consultation fee based on the achievement of
pencapaian target pekerjaan yang dilakukan CK’s target of production totaling to
oleh CK sebesar AS$26,7 juta yang akan US$26.7 million which will be charged by ANN
dikenakan secara bertahap oleh ANN sampai gradually until December 31, 2022.
dengan tanggal 31 Desember 2022.
Kontrak telah mengalami perubahan pada The contract has been amended on
tanggal 27 Oktober 2020 untuk mengubah October 27, 2020 to amend contract period up
jangka waktu perjanjian sampai dengan to December 31, 2025.
31 Desember 2025.
171
f. Kontrak Jasa Konsultasi dengan MHU f. Consultation Fee Agreement with MHU
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020 and
31 Desember 2020 dan 2019, total pendapatan 2019, total consultation fee income recognized
jasa konsultasi yang diakui ANN sebesar by ANN amounted to US$3,795,983 and
AS$3.795.983 dan AS$156.436, yang dicatat US$156,436, respectively, recorded as part of
sebagai bagian dari “Pendapatan Lainnya” pada “Other Income” in the consolidated statement
laporan laba rugi dan penghasilan komprehensif of profit or loss and other comprehensive
lain konsolidasian. income.
g. Akad Ijarah dengan PT Karya Kharisma g. Ijarah Agreement with PT Karya Kharisma
Mandiri (“KKM”) Mandiri (“KKM”)
Pada tanggal 10 Desember 2019, CK On December 10, 2019, CK signed Akad

menandatangani perjanjian Akad Pembiayaan Pembiayaan Ijarah Ijarah No.
Ijarah No. 01/IJARAH/KKM-CK/XII/2019 dengan 01/IJARAH/KKM-CK/XII/2019 agreement with
KKM, pihak berelasi, dimana KKM akan KKM, a related party, where KKM will rent
menyewakan alat berat kepada CK untuk jangka truck to CK for a period of 2 (two) years since
waktu 2 (dua) tahun sejak serah terima aset, the handover of assets, which was in
yaitu pada bulan Januari 2020. January 2020.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020, the
31 Desember 2020, total beban sewa yang total of rent expense recorded by CK is
diakui CK adalah sebesar AS$9.895.866, yang amounting to US$9,895,866, which is
dicatat sebagai bagian dari “Beban Pokok recorded as part of “Costs of Revenue” in the
Pendapatan” pada laporan laba rugi dan consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian. other comprehensive income.
h. Akad Ijarah dengan PT Wargi Santosa (“WS”) h. Ijarah Agreement with PT Wargi Santosa
(“WS”)
Pada tanggal 28 Agustus 2020, CK On August 28, 2020, CK signed Akad

menandatangani perjanjian Akad Pembiayaan Pembiayaan Ijarah agreement number
Ijarah nomor 01/IJARAH/WS-CK/VIII/2020 01/IJARAH/WS-CK/VIII/2020 with WS, a
dengan WS, pihak berelasi, dimana WS akan related party, where WS will rent truck to CK
menyewakan truk kepada CK untuk jangka for a period of 4 (four) years since
waktu 4 (empat) tahun sejak 1 September 2020. September 1, 2020.
Pada tanggal 28 September 2020, CK On September 28, 2020, CK signed Akad

menandatangani perjanjian Akad Pembiayaan Pembiayaan Ijarah agreement number
Ijarah nomor 02/IJARAH/WS-CK/IX/2020 02/IJARAH/WS-CK/IX/2020 with WS, a
dengan WS, pihak berelasi, dimana WS akan related party, where WS will rent heavy
menyewakan truk kepada CK untuk jangka equipment to CK for a period of 4 (four) years
waktu 4 (empat) tahun sejak 1 Oktober 2020. since October 1, 2020.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020, the
31 Desember 2020, total beban sewa yang total of rent expense recorded by CK is
diakui CK adalah sebesar AS$609.010, yang amounting to US$609,010, which is recorded
dicatat sebagai bagian dari “Beban Pokok as part of “Costs of Revenue” in the
Pendapatan” pada laporan laba rugi dan consolidated statement of profit or loss and
penghasilan komprehensif lain konsolidasian. other comprehensive income.
172
i. Perjanjian Fasilitas Modal Usaha dengan i. Working Capital Facility Agreement with
PT Chandra Sakti Utama Leasing (“CSUL”) PT Chandra Sakti Utama Leasing (“CSUL”)
Pada tanggal 17 Januari 2020, CK On January 17, 2020, CK signed

menandatangani perjanjian “Persetujuan “Approval for Working Capital Financing with
Pembiayaan Modal Kerja dengan Fasilitas Working Capital Facility” agreement
Modal Usaha” nomor MOU00072/003/CSUL- number MOU00072/003/CSUL-
MKT/SPP/JKT-3/I/2020 dengan CSUL. MKT/SPP/JKT-3/I/2020 with CSUL. Based on
Berdasarkan perjanjian ini, CSUL akan this agreement, CSUL will provide a financing
memberikan fasilitas pembiayaan untuk facility to make advance payment on behalf of
melakukan pembayaran atas nama CK terlebih CK for each invoice from PT United
dahulu untuk setiap tagihan dari PT United Tractors Tbk regarding the purchase of spare
Tractors Tbk atas pembelian suku cadang dan parts and heavy equipment which is
alat berat yang dilakukan oleh CK, dengan batas performed by CK, with maximum credit limit
kredit maksimum sebesar Rp10.000.000.000. amounting to Rp10,000,000,000. This facility
Fasilitas ini tidak dikenai bunga dan tersedia is non-interest bearing and available until
hingga 30 November 2020. November 30, 2020.
CK akan dikenakan denda keterlambatan CK will be charged with late payment charges
sebesar 4% per bulan untuk setiap at rate of 4% per month for every late payment
keterlambatan pembayaran ke CSUL, dimana to CSUL, where the due date of payment to
tanggal jatuh tempo pembayaran ke CSUL CSUL is following the due date of each invoice
mengikuti tanggal jatuh tempo atas setiap from PT United Tractors Tbk.
tagihan dari PT United Tractors Tbk.
Perjanjian ini telah mengalami perubahan, yaitu This agreement was amended with agreement
dengan perjanjian nomor number MOU00067/078/CSUL-
MOU00067/078/CSUL-MKT/SPP/JKT-3/XII/20 MKT/SPP/JKT-3/XII/20 dated December 16,
tanggal 16 Desember 2020, dimana jangka 2020, where the availability period of this
waktu tersedianya fasilitas ini diperpanjang facility is extended until November 30, 2021.
hingga 30 November 2021.
Pada tanggal 31 Desember 2020, saldo utang As of December 31, 2020, the outstanding
CK kepada CSUL atas fasilitas ini adalah payable of CK to CSUL related to this facility
AS$Nihil. is US$Nil.
173
j. Sifat Hubungan dengan Pihak-pihak Berelasi j. Nature of Relationship with Related Parties
Rincian sifat hubungan dengan pihak-pihak The details of nature of relationship with the
berelasi adalah sebagai berikut: related parties are as follows:
Perusahaan/Company Sifat Hubungan/Nature of Relationship

Valle Verde Pte. Ltd., Singapura/Singapore Entitas induk Perusahaan/Parent entity of the Company
PT Tiara Marga Trakindo (“TMT”) Entitas yang mempunyai pengaruh signifikan terhadap Grup/
Entity with significant influence over the Group
Halcon Primo Logistics Pte. Ltd., Entitas yang dikendalikan oleh pemegang saham Grup/
Singapura/Singapore Entity controlled by shareholder of the Group
Mega Strada Pte. Ltd., Singapura/Singapore Entitas yang dikendalikan oleh pemegang saham Grup/
Entity controlled by shareholder of the Group
Pan Terra Pte. Ltd., Singapura/Singapore Entitas yang dikendalikan oleh pemegang saham Grup/
Entity controlled by shareholder of the Group
PT Trakindo Utama Entitas yang dikendalikan oleh TMT/
Entity controlled by TMT
PT Chandra Sakti Utama Leasing Entitas yang dikendalikan oleh TMT/
PT Mahadana Dasha Utama Entitas yang dikendalikan oleh TMT/
PT Chakra Jawara Entitas yang dikendalikan oleh TMT/
PT Chitra Paratama Entitas yang dikendalikan oleh TMT/
PT Tri Swardana Utama Entitas yang dikendalikan oleh TMT/
PT Triyasa Propertindo Entitas yang dikendalikan oleh TMT/
PT Mitra Solusi Telematika Entitas yang dikendalikan oleh TMT/
Dana Pensiun PT Trakindo Utama Entitas yang dikendalikan oleh TMT/
PT Karya Kharisma Mandiri Entitas yang dikendalikan oleh TMT/
PT Multi Harapan Utama Entitas yang dikendalikan oleh AHK Holdings Pte. Ltd., Singapura/
Entity controlled by AHK Holdings Pte. Ltd., Singapore
PT Sumberdaya Sewatama Entitas yang dikendalikan oleh AHK Holdings Pte. Ltd., Singapura/
PT Energi Alamraya Semesta Entitas yang dikendalikan oleh AHK Holdings Pte. Ltd., Singapura/
PT Agro City Kaltim Entitas yang dikendalikan oleh AHK Holdings Pte. Ltd., Singapura/
PT Wargi Santosa Entitas yang dikendalikan oleh AHK Holdings Pte. Ltd., Singapura/
PT SSB Sammitr Distribution Entitas asosiasi melalui SSB/
Associated entity through SSB
174
31. INFORMASI SEGMEN 31. SEGMENT INFORMATION
Segmen Primer Primary Segments
Grup mengklasifikasikan usahanya menjadi 3 (tiga) The Group classifies its business into 3 (three)
segmen usaha, yaitu jasa, pabrikasi dan kontraktor main business segments, namely services,
tambang dan tambang batubara. Informasi manufacturing and mining contractors and coal
mengenai segmen usaha Grup adalah sebagai mining. Information concerning the Group’s
berikut: business segments is as follows:
Tahun yang Berakhir pada Tanggal 31 Desember 2020/Year Ended December 31, 2020
Kontraktor
Tambang dan
Tambang
Batubara/
Mining
Contractors
Jasa/ Pabrikasi/ and Lain-lain/ Eliminasi/ Neto/
Services Manufacturing Coal Mining Others Elimination Net
Pendapatan dari kontrak Revenue from contracts

dengan pelanggan - with customers -
pelanggan eksternal 118.898.989 19.566.706 465.837.039 2.104.642 - 606.407.376 external customers
antar segmen 46.461.771 3.057.281 95.667.197 82.288.143 (227.474.392) - inter-segment

dengan pelanggan 165.360.760 22.623.987 561.504.236 84.392.785 (227.474.392) 606.407.376 with customers
Beban pokok pendapatan 130.771.979 21.954.508 477.194.496 71.567.478 (196.596.098) 504.892.363 Cost of revenue
Laba bruto 34.588.781 669.479 84.309.740 12.825.307 (30.878.294) 101.515.013 Gross profit
Beban penjualan, umum Selling, general and

dan administrasi (54.081.458) administrative expenses
Pendapatan lainnya 12.653.252 Other income
Penurunan nilai Impairment losses

atas properti pertambangan (24.023.200) on mining properties
Beban lainnya (19.761.503) Other expenses
___________________
Laba usaha 16.302.104 Profit from operations
Pendapatan keuangan - neto 3.676.911 Finance income - net

Biaya keuangan (43.910.233) Finance charges
Rugi sebelum pajak final Loss before final tax

dan pajak penghasilan (23.931.218) and income tax
Beban pajak final (1.063.490) Final tax expense
Rugi sebelum pajak penghasilan (24.994.708) Loss before income tax
Beban pajak penghasilan - neto (12.745.356) Income tax expense - net
Rugi komprehensif Other comprehensive

lain (20.719.334) loss
Total rugi komprehensif Total comprehensive

tahun berjalan (58.459.398) loss for the year
Segmen aset 190.396.364 31.332.617 624.258.366 730.282.129 (749.032.297) 827.237.179 Segment assets
Segmen liabilitas (104.769.275) (9.262.168) (576.470.379) (453.770.747) 478.784.534 (665.488.035) Segment liabilities
Informasi lainnya: Other information:

Belanja modal 34.993.833 991.915 60.046.645 1.321.813 (18.014.804) 79.339.402 Capital expenditures
Biaya depresiasi dan Depreciation and

amortisasi 15.249.341 1.459.593 68.351.408 1.851.466 (569.472) 86.342.336 amortization expense
175
31. INFORMASI SEGMEN (lanjutan) 31. SEGMENT INFORMATION (continued)
Segmen Primer (lanjutan) Primary Segments (continued)
Grup mengklasifikasikan usahanya menjadi 3 (tiga) The Group classifies its business into 3 (three)
segmen usaha, yaitu jasa, pabrikasi dan kontraktor main business segments, namely services,
tambang dan tambang batubara. Informasi manufacturing and mining contractors and coal
mengenai segmen usaha Grup adalah sebagai mining. Information concerning the Group’s
berikut: (lanjutan) business segments is as follows: (continued)
Kontraktor
Tambang dan
Tambang
Batubara/
Mining
Contractors
Jasa/ Pabrikasi/ and Lain-lain/ Eliminasi/ Neto/
Services Manufacturing Coal Mining Others Elimination Net

pelanggan eksternal 137.325.711 25.837.774 425.861.907 3.369.560 - 592.394.952 external customers
antar segmen 47.555.578 4.392.857 95.223.011 70.820.226 (217.991.672) - inter-segment

dengan pelanggan 184.881.289 30.230.631 521.084.918 74.189.786 (217.991.672) 592.394.952 with customers
Beban pokok pendapatan 147.077.809 25.828.954 429.272.847 67.181.912 (184.797.331) 484.564.191 Cost of revenue
Laba bruto 37.803.480 4.401.677 91.812.071 7.007.874 (33.194.341) 107.830.761 Gross profit
Beban penjualan, umum Selling, general and

dan administrasi (58.340.764) administrative expenses
Pendapatan lainnya 10.598.315 Other income
Beban lainnya (6.540.725) Other expenses

___________________
Laba usaha 53.547.587 Profit from operations
Pendapatan keuangan - neto 2.988.439 Finance income - net

Biaya keuangan (36.576.834) Finance charges
Laba sebelum pajak final Profit before final tax

dan pajak penghasilan 19.959.192 and income tax
Beban pajak final (944.552) Final tax expense
Laba sebelum pajak penghasilan 19.014.640 Profit before income tax
Beban pajak penghasilan - neto (15.120.676) Income tax expense - net
Laba tahun berjalan 3.893.964 Profit for the year
Laba komprehensif Other comprehensive

lain 958.740 income
Total laba komprehensif Total comprehensive

tahun berjalan 4.852.704 income for the year
Segmen aset 164.299.723 28.523.957 632.983.920 692.992.201 (664.571.036) 854.228.765 Segment assets
Segmen liabilitas (93.781.225) (17.730.733) (511.101.304) (416.909.794) 430.488.002 (609.035.054) Segment liabilities
Informasi lainnya: Other information:

Belanja modal 11.694.414 534.945 54.202.096 1.700.645 (1.388.689) 66.743.411 Capital expenditures
Biaya depresiasi dan Depreciation and

amortisasi 7.302.700 824.601 50.761.514 867.895 - 59.756.710 amortization expense
176
32. PERJANJIAN SIGNIFIKAN, PERIKATAN DAN 32. SIGNIFICANT AGREEMENTS, COMMITMENTS

KONTINJENSI AND CONTINGENCIES
Berikut adalah perjanjian-perjanjian signifikan Grup The following are the significant agreements of the
pada tanggal 31 Desember 2020: Group as of December 31, 2020:
Fasilitas Pinjaman Revolving Non-Tunai dari Revolving Non-Cash Loan Facility from
PT Bank Mandiri (Persero) Tbk (“Mandiri”) PT Bank Mandiri (Persero) Tbk (“Mandiri”)
Pada tanggal 25 Maret 2014, Perusahaan On March 25, 2014, the Company entered into a
menandatangani perjanjian pinjaman dengan loan agreement with Mandiri, a third party, for
Mandiri, pihak ketiga, untuk fasilitas pinjaman revolving non-cash loan facility with a maximum
revolving non-tunai (non-cash loan) dalam batas credit amount of US$20,000,000 and can be used
jumlah maksimum tidak melebihi AS$20.000.000 dan for issuance of L/C, SKBDN and Bank Guarantee
dapat digunakan untuk penerbitan L/C, SKBDN dan (Bid Bonds/ Performance Bonds/ Advance
Bank Garansi (Bid Bonds/ Performance Bonds/ Payment/ Maintenance/ Retention/ Custom Bond).
Advance Payment/ Maintenance/ Retention/ Custom The facility will end in one year since the signing of
Bond). Fasilitas ini akan berakhir satu tahun sejak the agreement and used to refinance existing non-
ditandatanganinya perjanjian dan digunakan untuk cash loan facility of the Group.
membiayai non-cash loan Grup yang terutang.
Pada tanggal 21 April 2020, fasilitas ini telah On April 21, 2020, this facility has been extended
diperpanjang sampai dengan tanggal 24 April 2021. until April 24, 2021.
Pada tanggal 31 Desember 2020, fasilitas As of December 31, 2020, the non-cash loan facility
non-cash loan yang telah digunakan adalah sebesar used amounted to Rp74.31 billion (equivalent to
Rp74,31 miliar (setara dengan AS$5.289.250), US$5,289,250), US$3,602,469, and EUR406,751
AS$3.602.469, dan EUR406.751 (setara dengan (equivalent to US$498.941).
AS$498.941).
Pada tanggal 31 Desember 2019, fasilitas As of December 31, 2019, the non-cash loan facility
non-cash loan yang telah digunakan adalah sebesar used amounted to Rp101.08 billion (equivalent to
Rp101,08 miliar (setara dengan AS$7.279.692) dan US$7,279,692) and US$1,244,019.
AS$1.244.019.
Berdasarkan perjanjian pinjaman, Perusahaan Based on the loan agreement, the Company is
diwajibkan untuk memenuhi rasio keuangan tertentu required to maintain certain financial ratios which
yang diuji tahunan sebagai berikut: will tested yearly as follows:
- Net debt to EBITDA atas dasar laporan keuangan - Net debt to EBITDA from consolidated financial
konsolidasian tidak melebihi dari 2,50:1,00 statement at the maximum 2.50:1.00
- Net debt to equity ratio atas dasar laporan - Net debt to equity ratio from consolidated
keuangan konsolidasian tidak melebihi 1,50:1,00. financial statement at the maximum 1.50:1.00.
Perusahaan telah memenuhi seluruh rasio keuangan has maintained all financial ratios as required in the
yang diwajibkan dalam perjanjian pinjaman. loan agreement.
177

KONTINJENSI (lanjutan) AND CONTINGENCIES (continued)
TIA TIA
Pemeliharaan Jalan Hauling Batubara Coal Hauling Road Maintenance
Pada tanggal 28 Januari 2014, TIA dan PT Prolindo On January 28, 2014, TIA and PT Prolindo Cipta
Cipta Nusantara (“PCN”) menandatangani perjanjian Nusantara (“PCN”) entered into coal hauling road
kerjasama pemeliharaan jalan hauling batubara. PCN maintenance agreement. PCN may pass the
dapat melintasi jalan hauling batubara milik TIA hauling road which is owned by TIA for a certain
dengan volume tertentu selama jangka waktu volume for certain contract period and pay certain
perjanjian dengan membayar biaya tertentu untuk fees for maintenance to TIA. The contract is
pemeliharaan kepada TIA. Kontrak ini berlaku efektif effective as of June 4, 2015 up to June 3, 2020.
tanggal 4 Juni 2015 sampai dengan 3 Juni 2020.
Perjanjian telah mengalami perubahan beberapa kali, The Agreement has been amended several times,
perubahan terakhir dilakukan pada tanggal 1 Juni latest amendment was made on June 1, 2020 to
2020 untuk merubah jangka waktu perjanjian sampai amend time period of Agreement to June 3, 2022.
dengan 3 Juni 2022.
Pada 26 November 2010, TIA dan PT Borneo On November 26, 2010, TIA and PT Borneo
Indobara (“BIB”) menandatangani perjanjian Indobara (“BIB”) entered into coal hauling road
kerjasama pemeliharaan jalan hauling batubara. BIB maintenance agreement. BIB may pass the hauling
dapat melintasi jalan hauling batubara milik TIA road which is owned by TIA for a certain volume for
dengan volume tertentu selama jangka waktu certain contract period and pay certain fees for
perjanjian dengan membayar biaya tertentu untuk maintenance to TIA. The contract is effective as of
pemeliharaan kepada TIA. Kontrak ini berlaku efektif November 26, 2010 up to November 25, 2020.
tanggal 26 November 2010 sampai dengan
25 November 2020.
Perjanjian ini terakhir diperbaharui pada tanggal This agreement was last renewed on
26 November 2020 untuk merubah jangka waktu November 26, 2020 to amend time period of
perjanjian sampai dengan 25 November 2025. Agreement to November 25, 2025.
31 Desember 2020 dan 2019, total pendapatan total coal hauling road maintanance income
pemeliharaan jalan hauling batubara yang diakui TIA recognized by TIA amounted to US$3,071 and
masing-masing sebesar AS$3.071 dan US$2,220,472, respectively, recorded as part of
AS$2.220.472, yang dicatat sebagai bagian dari “Other Income” in the consolidated statement of
“Pendapatan Lainnya” pada laporan laba rugi dan profit or loss and other comprehensive income.
Fasilitas Pelabuhan Port Facility
Pada tanggal 17 Agustus 2018, TIA dan BIB On August 17, 2018 TIA and BIB entered into port
menandatangani perjanjian kerjasama penggunaan facility agreement. BIB may use the port which is
fasilitas pelabuhan. BIB dapat menggunakan fasilitas owned by TIA for a certain volume for certain
pelabuhan milik TIA dengan volume tertentu selama contract period and pay certain fees to TIA. The
jangka waktu perjanjian dengan membayar biaya contract is effective as of August 17, 2018 up to
tertentu kepada TIA. Kontrak ini berlaku efektif December 31, 2018.
tanggal 17 Agustus 2018 sampai dengan
31 Desember 2018.
178

TIA (lanjutan) TIA (continued)
Fasilitas Pelabuhan (lanjutan) Port Facility (continued)
Kontrak telah mengalami perubahan pada tanggal The contract has been amended on
28 Desember 2018 untuk mengubah volume December 28, 2018 to amend coal volume and
batubara dan jumlah tongkang per hari yang berlaku number of barges per day which became effective
efektif tanggal 1 Januari 2019 sampai dengan as of January 1, 2019 up to December 31, 2019.
31 Desember 2019.
Perjanjian ini terakhir diperbaharui pada tanggal This agreement was last renewed on
10 Januari 2020 untuk merubah jangka waktu January 10, 2020 to amend time period of
perjanjian sampai dengan 31 Desember 2022. Agreement to December 31, 2022.
31 Desember 2020 dan 2019, total pendapatan total port usage facility income recognized by TIA
penggunaan fasilitas pelabuhan yang diakui TIA amounted to US$1,178,083 and US$6,954,269,
sebesar AS$1.178.083 dan AS$6.954.269 yang respectively, recorded as a part of “Other Income” in
dicatat sebagai bagian dari “Pendapatan Lainnya” the consolidated statement of profit or loss and other
pada laporan laba rugi dan penghasilan comprehensive income.
komprehensif lain konsolidasian.
Biaya Eksploitasi Exploitation Fee
Berdasarkan Peraturan Pemerintah Based on Government Regulation No. 45/2003,

No. 45/2003 (“PP No. 45”), seluruh perusahaan yang (“PP No. 45”), all companies holding mining rights
memiliki izin eksploitasi diwajibkan untuk membayar will have an obligation to pay exploitation fees
iuran eksploitasi sebesar 4%-5% dari nilai penjualan, ranging from 4%-5% of sales, further changed by
yang kemudian diubah dengan PP No. 9/2012 yang PP No. 9/2012, with effective implementation since
berlaku efektif sejak tanggal 6 Januari 2012, dimana January 6, 2012, wherein percentage of the
persentase iuran produksi diubah menjadi 3%-7% production fees was changed to become 3%-7% of
dari nilai penjualan. sales.
31 Desember 2020 dan 2019, iuran eksploitasi exploitation fees amounted to US$2,441,573 and
masing-masing sebesar AS$2.441.573 dan US$5,360,068, respectively, recorded as part of
AS$5.360.068, disajikan sebagai bagian dari “Beban “Cost of Revenue” in the consolidated statement of
Pokok Pendapatan” dalam laporan laba rugi dan profit or loss and other comprehensive income.
179

BEL BEL
Berdasarkan Peraturan Pemerintah No. 45/2003 Based on Government Regulation No. 45/2003,
(“PP No. 45”), seluruh perusahaan yang memiliki izin (“PP No. 45”), all companies holding mining rights
eksploitasi diwajibkan untuk membayar iuran will have an obligation to pay exploitation fees
eksploitasi berkisar antara 4%-5% dari nilai ranging from 4%-5% of sales, further changed by
penjualan, yang kemudian diubah dengan PP No. 9/2012, with effective implementation since
PP No. 9/2012 yang berlaku efektif sejak tanggal January 6, 2012, wherein percentage of the
6 Januari 2012, dimana persentase iuran produksi production fees was changed to become 3%-7% of
diubah menjadi 3%-7% dari nilai penjualan. sales.
31 Desember 2020 dan 2019, iuran eksploitasi exploitation fees amounted to US$678,617 and
masing-masing sebesar AS$678.617 dan US$584,111, respectively, presented as part of “Cost
AS$584.111, disajikan sebagai bagian dari “Beban of Revenue” in the consolidated statements of profit or
Pokok Pendapatan” dalam laporan laba rugi dan loss and comprehensive income.
Perjanjian Jasa Penambangan Batubara Coal Mining Service Agreement
Pada tanggal 29 Juni 2012, BEL mengadakan On June 29, 2012, BEL entered into an agreement
perjanjian pekerjaan jasa penambangan batubara di for coal mining service in Nagan Raya mine with
tambang Nagan Raya dengan PT Tata Bara Utama PT Tata Bara Utama (“TBU”). Under this agreement,
(“TBU”). Sesuai dengan perjanjian, TBU bersedia TBU agreed to render stripping and mining activities
untuk melakukan kegiatan pengupasan tanah dan for the period from July 1, 2012 until June 30, 2022.
penambangan batubara untuk periode dari tanggal
1 Juli 2012 sampai dengan tanggal 30 Juni 2022.
MIFA MIFA
Berdasarkan Peraturan Pemerintah No. 45/2003 Based on Government Regulation No. 45/2003
(“PP No. 45”), seluruh perusahaan yang memiliki izin (“PP No. 45”), all companies holding mining rights
eksploitasi diwajibkan untuk membayar iuran will have an obligation to pay exploitation fees
eksploitasi berkisar antara 4%-5% dari nilai penjualan, ranging from 4%-5% of sales, further changed by PP
yang kemudian diubah dengan PP No. 9/2012 yang No. 9/2012, with effective implementation since
berlaku efektif sejak tanggal 6 Januari 2012, January 6, 2012, wherein percentage of the
persentase iuran produksi diubah menjadi 3%-7% dari production fees was changed to become 3%-7% of
nilai penjualan. sales.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2020
31 Desember 2020 dan 2019, iuran eksploitasi masing- and 2019, exploitation fees amounted to
masing sebesar AS$4.069.252 dan AS$7.028.873, US$4,069,252 and US$7,028,873, respectively,
disajikan sebagai bagian dari “Beban Pokok presented as part of “Cost of Revenue” in
Pendapatan” dalam laporan laba rugi dan penghasilan the consolidated statements of profit or loss and
komprehensif lain konsolidasian. other comprehensive income.
180

CK CK
Kontrak Jasa Pertambangan Mining Services Contract
CK mempunyai beberapa kontrak jasa pertambangan CK has several significant mining services
signifikan. Berdasarkan kontrak-kontrak tersebut, CK contracts. Under the contracts, CK provides coal
memberikan jasa pertambangan batubara di mining services at several locations in Kalimantan
beberapa lokasi di Kalimantan dan Sumatera. Jangka and Sumatera. The periods of the contracts are
waktu kontrak bervariasi dan berakhir sampai dengan varied and will expire until 2028.
tahun 2028.
Kontrak Jasa Pertambangan - PT Muara Alam Mining Services Contract - PT Muara Alam
Sejahtera (“MAS”) Sejahtera (“MAS”)
Pada tanggal 22 Februari 2019, On February 22, 2019, CK entered

CK menandatangani kontrak jasa pertambangan the mining service contract
No. 01/CK-MAS/KONT-TAMB/II/2019 dengan MAS No.01/CK-MAS/KONT-TAMB/II/2019 with MAS for
untuk pekerjaan mengembangkan dan developing and implementing mining services in
melaksanakan jasa pertambangan di wilayah South Sumatera area with an area of 1,745 Ha. The
Sumatera Selatan dengan luas area 1.745 Ha. contract is valid for three years as of the date CK
Kontrak tersebut berlaku tiga tahun sejak CK pertama starts the operation. If the contractor can fulfill the
kali beroperasi. Apabila CK dapat memenuhi target services target of approximatelly 30.9 million BCM,
perkerjaan yaitu sekitar 30,9 juta BCM, kontrak dapat the contract may be extended for a period of
diperpanjang untuk jangka waktu dua tahun. two years.
Berdasarkan surat antara CK dan MAS, dengan Based on letter between CK and MAS, letter
nomor surat 008/DIR-MAS/LEG/I/2020 tanggal number 008/DIR-MAS/LEG/I/2020 dated
15 Januari 2020 dan 006/CK-LO/FS/I/2020 tanggal 15 January 2020 and 006/CK-LO/FS/I/2020 dated
21 Januari 2020, CK dan MAS sepakat untuk 21 January 2020, CK and MAS agreed to terminate
mengakhiri Kontrak Jasa Pertambangan nomor mining service contract number 01/CK-
01/CK-MAS/KONT-TAMB/II/2019 efektif sejak MAS/KONT-TAMB/II/2019 effective since
tanggal 16 Februari 2020. 16 February 2020.
Kontrak Jasa Pertambangan - PT Binuang Mitra Mining Services Contract - PT Binuang Mitra
Bersama Blok Dua (“BMB”) Bersama Blok Dua (“BMB”)
CK menandatangani kontrak jasa pertambangan CK entered into mining service contract

No. 01/CK-BMB/KONT-TAMB/XII/2019 dengan BMB No. 01/CK-BMB/KONT-TAMB/XII/2019 with BMB
untuk pekerjaan mengembangkan dan for developing and implementing mining services in
melaksanakan jasa pertambangan di wilayah South Kalimantan area started on
Kalimantan Selatan sejak tanggal 21 Oktober 2019, October 21, 2019, for a production target of
untuk target pekerjaan sebesar 30,0 juta BCM setiap 30.0 million BCM per annum. The contract is valid
tahun. Kontrak tersebut berlaku sampai dengan umur until life of mine. CK and BMB will review the
tambang. CK dan BMB akan mereviu kontrak contract every five years.
tersebut setiap lima tahun.
181

Kontrak Jasa Pertambangan (lanjutan) Mining Services Contract (continued)
Kontrak Jasa Pertambangan - PT Kuansing Inti Mining Services Contract - PT Kuansing Inti
Makmur (“KIM”), PT Karya Cemerlang Persada Makmur (“KIM”), PT Karya Cemerlang Persada
(“KCP”), PT Bungo Bara Utama (“BBU”) dan (“KCP”), PT Bungo Bara Utama (“BBU”) and
PT Bungo Bara Makmur (“BBM”) (bersama-sama PT Bungo Bara Makmur (“BBM”) (collectively refer
disebut sebagai “Grup KIM”) as “KIM Group”)

No. 001/KIM-CK/LM/II/2020 dengan KIM untuk No. 001/KIM-CK/LM/II/2020 with KIM for
pekerjaan mengembangkan dan melaksanakan jasa developing and implementing mining services in
pertambangan di wilayah Jambi sejak tanggal Jambi area started on November 1, 2019 and valid
1 November 2019 dan berlaku sampai dengan until October 2, 2027.
tanggal 2 Oktober 2027.

No. 002/KCP-CK/LM/II/2020 dengan KCP untuk No. 002/KCP-CK/LM/II/2020 with KCP for

No. 003/BBU-CK/LM/II/2020 dengan BBU untuk No. 003/BBU-CK/LM/II/2020 with BBU for

No. 004/BBM-CK/LM/II/2020 dengan BBM untuk No. 004/BBM-CK/LM/II/2020 with BBM for
Kontrak dengan Grup KIM memiliki target produksi All contracts with KIM Group have a cummulative
kumulatif sebesar 226,0 juta BCM. production target of 226.0 million BCM.
182

Litigasi Litigations
PT Rinjani Kartanegara PT Rinjani Kartanegara
Berdasarkan Putusan Pengadilan Niaga di Based on the Decision of the Commercial Court at
Pengadilan Negeri Jakarta Pusat tanggal Central Jakarta Court dated August 24, 2017 with
24 Agustus 2017 dengan nomor register registered number 104/Pdt.Sus-PKPU/2017/PN
104/Pdt.Sus-PKPU/2017/PN Jkt.Pst, PT Rinjani Jkt.Pst, PT Rinjani Kartanegara (“RK”) as CK’s
Kartanegara (“RK”) sebagai klien CK berada dalam client is in the Suspension of Payment Liability
Penundaan Kewajiban Pembayaran Utang (“PKPU”). (“PKPU”). Therefore, CK became one of RK’s
Maka, CK menjadi salah satu kreditur RK di PKPU. creditors in PKPU.
Pada tanggal 9 Oktober 2017, majelis hakim On October 9, 2017, judges of the Commercial
Pengadilan Niaga menjatuhkan putusan atas Court pronounced its Decision stating the
kepailitan RK. Atas Putusan tersebut, CK telah bankruptcy of RK. On such Decision, CK has filed
mengajukan permohonan kasasi kepada Mahkamah a cassation to the Supreme Court, through Jakarta
Agung melalui Pengadilan Niaga di Pengadilan Commercial Court at Central Jakarta Court with
Negeri Jakarta Pusat dengan Akta Permohonan Deed of Cassation and Memory Cassation of
Kasasi dan Memori Kasasi Perkara Kepailitan Bankruptcy Case number 64 Kas/ Pdt.Sus-
nomor 64 Kas/Pdt.Sus-Pailit/2017/PN.Niaga.Jkt.Pst. Pailit/2017/PN.Niaga.Jkt.Pst. on October 17, 2017.
pada tanggal 17 Oktober 2017.
Mahkamah Agung melalui putusannya pada tanggal The Supreme Court in accordance with its decision
21 Mei 2018 dengan No.429K/Pdt.Sus-Pailit/2018 No.429K/Pdt.Sus-Pailit/2018 dated May 21, 2018
telah menolak kasasi CK. has rejected cassation from CK.
Berdasarkan surat dari Tirta Cakindra Setiayedi, Based on the letter from Tirta Cakindra Setiayedi,
S.H., M.H., dan Dwiana Miranti, S.H. selaku tim S.H., M.H., and Dwiana Miranti, S.H., acting as the
kurator RK (“Tim Kurator”) dengan surat nomor Curator team of RK (“Curator Team”) with letter
009/Tim Kurator-RK/VI/2019 tanggal 21 Juni 2019, number 009/Tim Kurator-RK/VI/2019 dated
memberitahukan bahwa Tim Kurator akan segera June 21, 2019, declared that the Curator Team will
melaksanakan going concern berdasarkan proceed with the going concern based on the
Penetapan Hakim Pengawas Supervisory Judge Decree and Central Jakarta
dan Pengadilan Niaga Jakarta Pusat Commercial Court
No.104/PDT.SUS/PKPU/2017/PN.NIAGA.JKT.PST No.104/PDT.SUS/PKPU/2017/PN.NIAGA.JKT.PST
tanggal 13 Mei 2019. dated May 13, 2019.
keuangan konsolidasian, CK belum mendapatkan financial statements, CK has not yet received the
hasil keputusan terkait going concern RK. decision on the going concern of RK.
PT Multi Structure PT Multi Structure
Berdasarkan Putusan Pengadilan Niaga di Based on the Decision of the Commercial Court at
Pengadilan Negeri Jakarta Pusat tanggal Central Jakarta Court dated May 24, 2017 with
24 Mei 2017 dengan nomor register 66/PDT.SUS- registered number 66/PDT.SUS-
PKPU/2017/PN.Niaga.JKT.PST, PT Multi Structure PKPU/2017/PN.Niaga.JKT.PST, PT Multi Structure
(“MS”), sebagai klien CK, berada dalam proses (“MS”), as CK’s client, is in the PKPU process.
PKPU. Maka, CK menjadi salah satu kreditur MS di Therefore, CK becomes one of MS creditors in
PKPU. PKPU.
183

Litigasi (lanjutan) Litigations (continued)
PT Multi Structure (lanjutan) PT Multi Structure (continued)
Pada 5 Februari 2018, CK dan kreditur lainnya On February 5, 2018, CK and other creditors signed
menandatangani Perjanjian Perdamaian dengan MS Settlement Agreement with MS which was
yang diputuskan oleh Pengadilan Niaga pada pronounced by Commercial Court of Central Jakarta
Pengadilan Negeri Jakarta Pusat melalui surat District Court through its decision letter
putusan No. 66/Pdt.Sus-PKPU/2017/PN. No. 66/Pdt.Sus-PKPU/2017/PN. Niaga.Jkt.Pst.
Niaga.Jkt.Pst. tanggal 12 Februari 2018. dated February 12, 2018.
Pada tanggal 12 Desember 2019, MS dinyatakan On December 12, 2019, MS was declared bankrupt,
pailit, sebagai akibat dari pembatalan as a result of the cancellation of
Perjanjian Perdamaian, berdasarkan Putusan Settlement Agreement, based on
Pengadilan Niaga pada Pengadilan Negeri the Decree of the Commercial Court in Central
Jakarta Pusat No. 12/Pdt.Sus-Pembatalan Jakarta District Court No. 12/Pdt.Sus-Pembatalan
Perdamaian/2019/PN.Niaga.Jkt.Pst. juncto Perdamaian/2019/PN.Niaga.Jkt.Pst. juncto
No. 66/Pdt.Sus-PKPU/2017/PN.Niaga.Jkt.Pst. No. 66/Pdt.Sus-PKPU/2017/PN.Niaga.Jkt.Pst.
PT Tunas Muda Jaya PT Tunas Muda Jaya
Berdasarkan Putusan Pengadilan Niaga di Based on the Decree of the Commercial Court in the
Pengadilan Negeri Surabaya tanggal Surabaya District Court dated
4 November 2019, dengan nomor register November 4, 2019, with register No. 39/Pdt.Sus-
39/Pdt.Sus-PKPU/2019/PN Niaga.Sby, PT Tunas PKPU/2019/PN.Niaga.Sby, PT Tunas Muda Jaya
Muda Jaya (“TMJ”), sebagai klien CK, dinyatakan (“TMJ”), as CK’s client, was declared bankrupt with
pailit dengan segala akibat hukumnya, maka CK all its legal consequences, then CK becomes one of
menjadi salah satu kreditur TMJ di perkara kepailitan. the creditors of TMJ in the bankruptcy case.
Pada 27 November 2019, melalui On November 27, 2019, through Decision of

Penetapan Hakim Pengawas No. 39/Pdt.Sus- the Supervisory Judge No. 39/Pdt.Sus-
PKPU/2019/PN.Niaga.Sby, Hakim Pengawas telah PKPU/2019/PN.Niaga.Sby, the Supervisor Judge
memberikan izin kepada Tim Kurator untuk has given permission to the Curator Team to
sementara waktu melanjutkan usaha TMJ, yaitu temporarily continue the business of TMJ, by
dengan tetap menjalankan operasional continuing to operate TMJ's coal mining operations
pertambangan batu bara milik TMJ ("Going Concern")
(“Going Concern”).
184

Litigasi (lanjutan) Litigations (continued)
PT Bangun Olahsarana Sukses PT Bangun Olahsarana Sukses
Berdasarkan Putusan Pengadilan Niaga pada Based on the decision of the Commercial Court at
Pengadilan Negeri Jakarta Pusat tanggal 14 Agustus Central Jakarta Court dated August 14, 2020 with
2020, dengan nomor register 185/Pdt.Sus- registered number 185/Pdt.Sus-
PKPU/2020/PN.Jkt.Pst, PT Bangun Olahsarana PKPU/2020/PN.Jkt.Pst, PT Bangun Olahsarana
Sukses (“BOS”), sebagai klien CK, berada dalam Sukses (“BOS”) as CK’s client is in the Suspension
Penundaan Kewajiban Pembayaran Utang (“PKPU”). of Payment Liability (“PKPU”). Therefore, CK
Maka, CK menjadi salah satu kreditur BOS di PKPU. becomes one of BOS creditors in PKPU.
Berdasarkan hasil dari Panel Hakim Pengadilan pada Based on the result of Court Judges Panel dated
tanggal 16 Februari 2021, kesepakatan penyelesaian February 16, 2021, the settlement agreement which
yang disepakati pada tanggal 3 Februari 2021, telah was voted on February 3, 2021, is valid and
sah dan mengikat secara hukum. Pada tanggal legally binding. On February 24, 2021,
24 Februari 2021, PT Max Extraction Asia, salah satu PT Max Extraction Asia, one of BOS’ creditor, filed a
kreditur BOS mengajukan kasasi atas BOS. cassation to BOS.
NBE NBE
Perjanjian Pembelian Tenaga Listrik Power Purchase Agreement
Pada tanggal 25 April 2016, NBE menandatangani On April 25, 2016, NBE entered into power
perjanjian pembelian tenaga listrik dengan purchase agreement with PT PLN (Persero) with
PT PLN (Persero) dengan kapasitas daya terpasang installed capacity of 2MW in South Kalimantan.
2MW di Kalimantan Selatan. Perjanjian pembelian This power purchase agreement is valid for
tenaga listrik ini akan berlangsung selama 20 tahun 20 years from the date of commercial operations.
sejak tanggal operasi komersial.
ACE ACE
Kontrak Sewa Pembangkit Listrik Power Plant Rental Contract
Pada tanggal 1 Juli 2016, PT Sumberdaya Sewatama On July 1, 2016, PT Sumberdaya Sewatama (“SS”)
(“SS”), pihak berelasi, menandatangani Kontrak entered into Heavy Fuel Oil (“HFO”) Power Plant
Sewa Pembangkit Listrik Heavy Fuel Oil (“HFO”) Rental Contract with PT Agincourt Resources. This
dengan PT Agincourt Resources. Pembangkit listrik power plant is located at Martabe Mine Site, North
tersebut akan ditempatkan di Site Tambang Martabe, Sumatera.
Sumatera Utara.
Sehubungan dengan kontrak sewa pembangkit listrik In relation with such power plant rental contract, on
tersebut, pada tanggal 3 Januari 2018, ACE January 3, 2018, ACE entered into a cooperation
menandatangani perjanjian kerjasama dengan SS, agreement with SS, in which ACE was appointed
dimana ACE ditunjuk sebagai pelaksana proyek dan as project executor and owner of such power plant
pemilik dari aset pembangkit listrik HFO tersebut. HFO asset.
185

ACE (lanjutan) ACE (continued)
Kontrak Sewa Pembangkit Listrik (lanjutan) Power Plant Rental Contract (continued)
Berdasarkan Perjanjian Penyelesaian Akhir antara Based on Final Settlement Agreement between
PT Agincourt Resources (“AR”) dengan SS pada PT Agincourt Resources (“AR”) with SS dated
tanggal 27 Februari 2020, AR akan melakukan February 27, 2020, AR will make payment in the
pembayaran sejumlah AS$6.948.644 kepada SS amount of US$6,948,644 to SS as the payments of
atas kesepakatan pembagian kerugian yang dialami AR’s share of the loss due to SS resulting from
SS akibat pengakhiran dari kontrak HFO. termination of the HFO contract.
Berdasarkan Perjanjian Penyelesaian Akhir ini, AR By this Final Settlement Agreement, AR also
juga mengesampingkan tagihan penalti kepada SS waives the unpaid invoice for penalty to SS arising
yang timbul dari pelaksanaan kontrak sejumlah from implementation of the HFO contract
Rp29.386.163.465 (atau setara dengan amounting Rp29,386,163,465 (or equivalent to
AS$2.113.960). US$2,113,960).
Berdasarkan Surat Penunjukkan Penerima Manfaat Based on the Appointment of Beneficiary of

Pembayaran dan Pernyataan Jaminan yang Payment and Statement of Undertaking Letter sent
dikirimkan oleh SS kepada AR dan by the SS to AR and signed by both parties on
ditandatangani oleh kedua belah pihak pada tanggal February 27, 2020, SS appoints ACE as the
27 Februari 2020, SS menunjuk ACE sebagai beneficiary of the payment amounting
penerima manfaat dari pembayaran sejumlah US$6,948,644 as stated in the Final Settlement
AS$6.948.644 sebagaimana disebutkan dalam Agreement.
Perjanjian Penyelesaian Akhir.
33. ASET DAN LIABILITAS DALAM MATA UANG 33. ASSETS AND LIABILITIES IN FOREIGN
ASING CURRENCIES
Pada tanggal 31 Desember 2020 dan 2019, Grup As of December 31, 2020 and 2019, the Group has
memiliki aset dan liabilitas moneter dalam mata uang significant monetary assets and liabilities
asing yang signifikan sebagai berikut: denominated in foreign currencies as follows:
Setara dengan Setara dengan
Dalam jutaan/ AS$/Equivalent Dalam jutaan/ AS$/Equivalent
In millions Amount in US$ In millions Amount in US$
Rupiah Rupiah
Aset Assets
Kas dan setara kas 599.949 42.534.443 460.304 33.113.032 Cash and cash equivalents
Aset keuangan lancar lainnya 1.766 125.224 55 3.992 Other current financial assets
Piutang usaha 1.397.270 99.062.029 1.083.649 77.954.703 Trade receivables
Piutang non-usaha 86.271 6.116.327 84.556 6.082.691 Non-trade receivables
Pajak dibayar di muka 66.589 4.720.982 42.358 3.047.092 Prepaid taxes
Aset lancar lainnya 1.393 98.744 1.936 139.276 Other current assets
Taksiran tagihan pajak 314.454 22.293.807 229.453 16.506.188 Estimated claims for tax refund
Aset tidak lancar lainnya 18.815 1.333.955 70.148 5.046.281 Other non-current assets
Sub-total 2.486.507 176.285.511 1.972.459 141.893.255 Sub-total
Utang usaha 1.503.860 106.618.925 1.243.876 89.480.987 Trade payables
Utang non-usaha 143.218 10.153.682 110.594 7.955.831 Non-trade payables
Utang pajak 81.535 5.780.576 51.664 3.716.557 Taxes payable
Beban akrual 718.054 50.907.758 639.541 46.006.821 Accrued expenses
Liabilitas imbalan kerja jangka pendek 22.964 1.628.109 92.445 6.650.273 Short-term employee benefits liability
Liabilitas sewa 467.665 33.155.938 8 591 Lease liabilities
Sub-total 2.937.296 208.244.988 2.138.128 153.811.060 Sub-total
Aset (liabilitas) dalam Rupiah - neto (450.789) (31.959.477) (165.669) (11.917.805) Asset (liabilities) in Rupiah - net
186
33. ASET DAN LIABILITAS DALAM MATA UANG 33. ASSETS AND LIABILITIES IN FOREIGN
ASING (lanjutan) CURRENCIES (continued)
Pada tanggal 31 Desember 2020 dan 2019, Grup As of December 31, 2020 and 2019, the Group has
memiliki aset dan liabilitas moneter dalam mata uang significant monetary assets and liabilities
asing yang signifikan sebagai berikut: (lanjutan) denominated in foreign currencies as follows:
(continued)
Setara dengan Setara dengan
Dalam jutaan/ AS$/Equivalent Dalam jutaan/ AS$/Equivalent
In millions Amount in US$ In millions Amount in US$
Euro Euro
Aset Asset
Kas dan setara kas 0,00 4.015 0,00 3.740 Cash and cash equivalents
Utang usaha 1,46 1.794.050 1,56 1.743.839 Trade payables
Sub-total 1,46 1.794.050 1,56 1.743.839 Sub-total
Liabilitas dalam Euro - neto 1,46 1.794.035 1,56 1.740.099 Liabilities in Euro - net
Mata uang asing lainnya Other foreign currencies

Aset Assets
Kas dan setara kas 209.941 139.759 Cash and cash equivalents
Piutang usaha - 32.401 Trade receivables
Aset lancar lainnya - 4.349 Other current assets
Aset tidak lancar lainnya 4.286 - Other non-current assets
Utang usaha 94.485 162.014 Trade payables
Aset (liabilitas) dalam mata uang Asset (liabilities) in other

asing lainnya - neto 119.742 14.495 foreign currencies - net
Akun “Pendapatan Lainnya” mencakup laba selisih The “Other Income” accounts include gain on
kurs yang berasal dari operasi sebesar foreign exchange from operations amounting to
AS$2.992.597 untuk tahun yang berakhir pada US$2,992,597 for the years ended
tanggal 31 Desember 2020. December 31, 2020.
Akun “Beban Lainnya” mencakup rugi selisih kurs The “Other Expense” accounts include loss on
yang berasal dari operasi masing-masing sebesar foreign exchange from operations amounting to
AS$534.783 untuk tahun yang berakhir pada tanggal US$534,783 for the years ended
31 Desember 2019. December 31, 2019.
187
34. NILAI WAJAR INSTRUMEN KEUANGAN 34. FAIR VALUES OF FINANCIAL INSTRUMENTS
Nilai wajar atas aset dan liabilitas keuangan adalah Fair values of the financial assets and liabilities are
nilai dimana instrumen dapat dipertukarkan/ included at the amounts at which the instruments
diselesaikan antar pihak yang memahami dan could be exchanged/settled in a current transaction
berkeinginan untuk melakukan transaksi secara between knowledgeable willing parties in an arm's
wajar (arm’s length transaction), yang bukan berasal length transaction, other than in a forced or
dari penjualan yang dipaksakan atau likuidasi. liquidation sale.
Berikut ini adalah metode dan asumsi yang The following are the methods and assumptions
digunakan untuk memperkirakan nilai wajar setiap used to estimate the fair value of each class of the
kelompok dari instrumen keuangan Grup: Group’s financial instruments:
a. Kas dan setara kas, aset keuangan lancar a. Cash and cash equivalents, other current
lainnya, piutang usaha, piutang non-usaha, financial assets, trade receivables, non-trade
piutang usaha jangka panjang - pihak ketiga, receivables, long-term trade receivables - third
piutang non-usaha jangka panjang, aset lancar parties, long-term non-trade receivables,
lainnya tertentu, utang usaha, utang non-usaha, certain other current assets, trade payables,
beban akrual dan liabilitas imbalan kerja jangka non-trade payables, accrued expenses and
pendek mendekati nilai tercatatnya karena short-term employee benefits liability
bersifat jangka pendek. approximate their carrying amounts largely
due to the short-term maturities of these
instruments.
b. Nilai tercatat dari liabilitas dan utang lain-lain b. The carrying values of lease liabilities and
jangka panjang mendekati nilai wajarnya long-term non-trade payables approximate
disebabkan oleh pemakaian suku bunga their fair values due to the floating rate
mengambang atas instrumen tersebut, dimana interests on these instruments which are
tingkat bunga tersebut selalu disesuaikan oleh subject to adjustments by the creditors.
kreditur.
c. Nilai wajar piutang usaha jangka panjang dan c. The fair values of long-term non-trade
aset tidak lancar lainnya tertentu diperkirakan receivables and certain other non-current
dengan mendiskontokan arus kas masa depan assets are estimated by discounting future
menggunakan tingkat suku bunga saat ini bagi cash flows, using rates currently available for
pinjaman, yang mempersyaratkan risiko kredit debt with similar terms, credit risks and
dan sisa masa jatuh tempo yang serupa. remaining maturities.
d. Utang obligasi disajikan dalam biaya perolehan d. The bonds payable is carried at amortized
diamortisasi dengan menggunakan metode SBE costs using the EIR method and rate of return.
dan besaran imbalan. Biaya perolehan Amortized cost is calculated by taking into
diamortisasi ditentukan dengan account any discount or premium on
memperhitungkan diskonto atau premi atas acquisition and fees or costs that are integral
perolehan dan komisi atau biaya yang part of the EIR method and rate of return.
merupakan bagian tidak terpisahkan dari metode
SBE dan besaran imbalan.
e. Nilai wajar dari investasi pada saham telah e. The fair values of the investment in shares
diestimasi dengan menggunakan model have been estimated using a discounted cash
diskonto arus kas. Penilaian tersebut flow model. The valuation requires
mengharuskan manajemen untuk membuat management to make certain assumptions
asumsi tertentu tentang input model, termasuk about the model inputs, including forecast cash
perkiraan arus kas, tingkat diskonto, risiko kredit flows, the discount rate, credit risk and
dan volatilitas. Probabilitas berbagai estimasi volatility. The probabilities of the various
dalam kisaran tersebut dapat dinilai secara wajar estimates within the range can be reasonably
dan digunakan dalam estimasi manajemen atas assessed and are used in management’s
nilai wajar untuk investasi pada saham ini. estimate of fair value for these investment in
shares.
188
34. NILAI WAJAR INSTRUMEN KEUANGAN (lanjutan) 34. FAIR VALUES OF FINANCIAL INSTRUMENTS
(continued)
Tabel berikut menyajikan nilai wajar atas aset The following tables set forth the fair values of
keuangan dan liabilitas keuangan Grup: financial assets and financial liabilities of the
Group:
Aset Keuangan Lancar Current Financial Assets

Kas dan setara kas 109.212.396 101.923.463 Cash and cash equivalents
Aset keuangan lancar lainnya 125.224 3.992 Other current financial assets
Piutang usaha 138.614.852 107.173.558 Trade receivables
Piutang non-usaha 6.648.663 5.723.013 Non-trade receivables
Aset lancar lainnya 703.942 573.227 Other current assets
Total Aset Keuangan Lancar 255.305.077 215.397.253 Total Current Financial Assets
Aset Keuangan Tidak Lancar Non-Current Financial Assets

Piutang non-usaha jangka panjang 7.090 1.783.217 Long-term non-trade receivables
Aset tidak lancar lainnya 4.169.389 3.478.221 Other non-current assets
Investasi saham 20.028.870 60.139.480 Investment in shares
Total Aset Keuangan Tidak Lancar 24.205.349 65.400.918 Total Non-Current Financial Assets
Total Aset Keuangan 279.510.426 280.798.171 Total Financial Assets
Liabilitas Keuangan Jangka Pendek Current Financial Liabilities

Utang usaha 115.627.378 92.915.800 Trade payables
Utang non-usaha 10.153.682 11.512.025 Non-trade payables
Beban akrual 54.903.937 51.919.397 Accrued expenses
Liabilitas imbalan kerja jangka pendek 2.545.498 6.650.273 Short-term employee benefits liability
Bagian yang jatuh tempo dalam
satu tahun: Current maturities of:
Liabilitas sewa 23.642.858 3.518.995 Lease liabilities
Utang lain-lain 3.802.768 7.221.406 Non-trade payables
Total Liabilitas Keuangan Total Current

Jangka Pendek 250.676.121 208.737.896 Financial Liabilities
Liabilitas Keuangan Jangka Panjang Non-Current Financial Liabilities

Liabilitas jangka panjang - Long-term debts -
setelah dikurangi bagian yang net of current
jatuh tempo dalam satu tahun: maturities:
Utang obligasi 345.719.977 343.337.404 Bonds payable
Utang lain-lain 3.359.881 6.204.198 Non-trade payables
Total Liabilitas Keuangan Total Non-current

Jangka Panjang 365.118.633 357.965.683 Financial Liabilities
Total Liabilitas Keuangan 615.794.754 566.703.579 Total Financial Liabilities
Hierarki Nilai Wajar Fair Value Hierarchy
Aset dan liabilitas keuangan diklasifikasikan secara Financial assets and liabilities are classified in their
keseluruhan berdasarkan tingkat terendah dari entirety based on the lowest level of input that is
masukan (input) yang signifikan terhadap significant to the fair value measurements. The
pengukuran nilai wajar. Penilaian dampak signifikan assessment of the significance of a particular input
dari suatu input tertentu terhadap pengukuran nilai to the fair value measurements requires
wajar membutuhkan pertimbangan dan dapat judgement, and may affect the valuation of the
memengaruhi penilaian dari aset dan liabilitas yang assets and liabilities being measured and their
diukur dan penempatannya dalam hirarki nilai wajar. placement within the fair value hierarchy.
189
(continued)
Hierarki Nilai Wajar (lanjutan) Fair Value Hierarchy (continued)
Bukti terbaik dari nilai wajar adalah harga yang The best evidence of fair value is quoted prices in
dikuotasikan (quoted prices) dalam sebuah pasar an active market. If the market for a financial
yang aktif. Jika pasar untuk sebuah instrumen instrument is not active, an entity establishes fair
keuangan tidak aktif, entitas menetapkan nilai wajar value by using a valuation technique. The objective
dengan menggunakan metode penilaian. Tujuan of using a valuation technique is to establish what
dari penggunaan metode penilaian adalah untuk the transaction price would have been on the
menetapkan harga transaksi yang terbentuk pada measurement date in an arm's length exchange
tanggal pengukuran dalam sebuah transaksi motivated by normal business considerations.
pertukaran yang wajar dengan pertimbangan bisnis
normal.
Metode penilaian termasuk penggunaan harga Valuation techniques include using recent arm's
dalam transaksi pasar yang wajar (arm’s length) length market transactions between
terakhir antara pihak-pihak yang memahami dan knowledgeable, willing parties, if available,
berkeinginan, jika tersedia, referensi kepada nilai reference to the current fair value of another
wajar terkini dari instrumen lain yang secara instrument that is substantially the same,
substansial sama, analisa arus kas yang discounted cash flow analysis.
didiskontokan.
Jika terdapat metode penilaian yang biasa If there is a valuation technique commonly used by
digunakan oleh para peserta pasar untuk market participants to price the instrument and that
menentukan harga dari instrumen dan metode technique has been demonstrated to provide
tersebut telah didemonstrasikan untuk reliable estimates of prices obtained in actual
menyediakan estimasi yang andal atas harga yang market transactions, the entity uses that technique.
diperoleh dari transaksi pasar yang aktual, entitas The chosen valuation technique makes maximum
harus menggunakan metode tersebut. Metode use of market inputs and relies as little as possible
penilaian yang dipilih membuat penggunaan on entity-specific inputs. It incorporates all factors
maksimum dari input pasar dan bergantung sedikit that market participants would consider in setting a
mungkin atas input yang spesifik untuk entitas price and is consistent with accepted economic
(entity-specific input). Metode tersebut methodologies for pricing financial instruments.
memperhitungkan semua faktor yang akan Periodically, the Group calibrates the valuation
dipertimbangkan oleh peserta pasar dalam technique and tests it for validity using prices from
menentukan sebuah harga dan selaras dengan any observable current market transactions in the
metode ekonomis untuk penilaian sebuah instrumen same instrument (i.e., without modification or
keuangan. Secara berkala, Grup menelaah metode repackaging) or based on any available observable
penilaian dan mengujinya untuk validitas dengan market data.
menggunakan harga dari transaksi pasar terkini
yang dapat diobservasi untuk instrumen yang sama
(yaitu tanpa modifikasi dan pengemasan kembali)
atau berdasarkan data pasar yang tersedia dan
dapat diobservasi.
190
(continued)
Tabel berikut menyediakan hierarki pengukuran nilai The following table provides the fair value
wajar dari Grup: measurement hierarchy of the Group:
Pengukuran Nilai Wajar pada Akhir Periode Pelaporan Menggunakan/

Fair Value Measurement at the End of Reporting Period Using
Harga Kuotasian
dalam
Pasar Aktif untuk Input yang Input yang
Aset yang Dapat Tidak Dapat
Identik (Level 1)/ Diobservasi Lain Diobservasi yang
Quoted Prices yang Signifikan Signifikan
in Active Markets (Level 2)/ (Level 3)/
for Identical Significant Significant
Total/ Assets Observable Inputs Unobservable
Total (Level 1) (Level 2) Inputs (Level 3)
Pada 31 Desember 2020 As of December 31, 2020

Aset tidak lancar Non-current assets
Investasi pada saham 20.028.870 - - 20.028.870 Investments in shares
a. Manajemen Risiko a. Risk Management
Liabilitas keuangan utama Grup meliputi utang The principal financial liabilities of the Group
bank jangka pendek, utang usaha dan non- consist of short-term bank loan, trade and non-
usaha, beban akrual, liabilitas imbalan kerja trade payables, accrued expenses, short-term
jangka pendek, utang obligasi dan liabilitas employee benefit liability, bonds payable and
sewa. Tujuan utama dari liabilitas keuangan ini lease liabilities. The main purpose of these
adalah untuk mengumpulkan dana dan financial liabilities is to raise funds and to
memberikan jaminan untuk mendukung operasi provide guarantees to support the operations
Grup. Grup juga mempunyai berbagai aset of the Group. The Group also has various
keuangan seperti kas dan setara kas, aset financial assets such as cash and cash
keuangan lancar lainnya, piutang usaha dan equivalents, other current financial assets,
non-usaha, dan aset lancar lainnya tertentu yang trade and non-trade receivables, and certain
dihasilkan langsung dari kegiatan usahanya. other current assets which arise directly from
its operations.
Risiko utama yang timbul dari instrumen The main risks arising from the Group’s
keuangan Grup adalah risiko suku bunga atas financial instruments are fair value and cash
nilai wajar dan arus kas, risiko mata uang, risiko flow interest rate risk, foreign exchange rate
kredit dan risiko likuiditas. Prioritas pengelolaan risk, credit risk and liquidity risk. The priority in
risiko ini telah meningkat secara signifikan managing these risks has significantly
seiring perubahan dan volatilitas pasar increased in light of the considerable change
keuangan baik di Indonesia maupun and volatility in both Indonesian and
internasional. Direksi Perusahaan menelaah dan international financial markets. The
menyetujui kebijakan untuk mengelola risiko- Company’s Board of Directors reviews and
risiko yang dirangkum di bawah ini: approves the policies for managing these risks
which are summarized below:
191
35. TUJUAN DAN KEBIJAKAN MANAJEMEN RISIKO 35. FINANCIAL RISK MANAGEMENT OBJECTIVES
KEUANGAN AND POLICIES
a. Manajemen Risiko (lanjutan) a. Risk Management
a. Risiko Suku Bunga atas Nilai Wajar dan a. Fair Value and Cash Flow Interest Rate
Arus Kas Risk
Risiko suku bunga atas nilai wajar dan arus Fair value and cash flow interest rate risk
kas adalah risiko dimana nilai wajar atau is the risk that the fair value or future cash
arus kas masa depan dari suatu instrumen flows of a financial instrument will
keuangan akan berfluktuasi akibat fluctuate because of changes in market
perubahan suku bunga pasar. Eksposur interest rates. The Group is exposed to
Grup terhadap risiko perubahan suku bunga the risk of changes in market interest
pasar terutama terkait dengan utang jangka rates relating primarily to its short-term
pendek dan utang jangka panjangnya. loans and long-term loans. Interest rate
Fluktuasi suku bunga mempengaruhi biaya fluctuations influence the cost of new
atas pinjaman baru dan bunga atas saldo loans and the interest on the outstanding
utang Grup yang dikenakan suku bunga variable rate loans of the Group.
mengambang.
Kebijakan Grup terkait dengan risiko suku The Group’s policies relating to interest
bunga adalah dengan mengelola biaya rate risk are to manage interest cost
bunga melalui kombinasi pinjaman dengan through a mix of fixed and variable rate
suku bunga tetap dan mengambang. Grup debts. The Group evaluates the fixed to
mengevaluasi perbandingan suku bunga floating ratio of its short-term loans and
tetap terhadap suku bunga mengambang other long-term loans in line with
dari utang jangka pendek dan utang jangka movements of relevant interest rates in
panjang lainnya sejalan dengan perubahan the financial markets.
suku bunga yang relevan di pasar uang.
Saat ini, Grup tidak mempunyai kebijakan Currently, the Group does not have a
lindung nilai formal atas risiko suku bunga. formal hedging policy for interest rate
Untuk liabilitas sewa, Grup mengelola risiko exposures. For lease liabilities, the Group
suku bunga dengan mengalihkannya may seek to mitigate interest rate risk by
kepada para pelanggan. passing it on to its customers.
192
KEUANGAN (lanjutan) AND POLICIES (continued)
a. Manajemen Risiko (lanjutan) a. Risk Management (continued)
a. Risiko Suku Bunga atas Nilai Wajar dan a. Fair Value and Cash Flow Interest Rate
Arus Kas (lanjutan) Risk (continued)
Tabel berikut adalah nilai tercatat, The following table sets out the carrying
berdasarkan jatuh temponya, atas aset dan amounts, by maturity, of the Group’s
liabilitas keuangan konsolidasian Grup yang consolidated financial assets and liabilities
terkait risiko suku bunga: that are exposed to interest rate risk:

_______________________________________ _______________________________________________________
Suku bunga mengambang/ Suku bunga tetap/

Floating interest rate Fixed interest rate
__________________________________________________ __________________________________________________
Kurang dari Kurang dari

atau sama dengan Lebih dari atau sama dengan Lebih dari
satu tahun satu tahun satu tahun satu tahun
(≤ 1 Tahun)/ (> 1 Tahun)/ (≤ 1 Tahun)/ (> 1 Tahun)/
Less than or More than Less than or More than
equal to one year one year equal to one year one year Total/
(≤ 1 Year) (> 1 Year) (≤ 1 Year) (> 1 Year) Total
Utang bank jangka pendek 40.000.000 - - - 40.000.000 Short term bank loan
Utang obligasi - - - 345.719.977 345.719.977 Bonds payable
Liabilitas sewa 2.996.120 3.528.957 20.646.738 12.509.818 39.681.633 Lease liabilities
Utang lain jangka panjang - Long-term non-trade payables -
pihak ketiga - - 3.802.768 3.359.881 7.162.649 third parties
Total 42.996.120 3.528.957 24.449.506 361.589.676 432.564.259 Total

_______________________________________ _______________________________________________________
Suku bunga mengambang/ Suku bunga tetap/

Floating interest rate Fixed interest rate
__________________________________________________ __________________________________________________
Kurang dari Kurang dari

atau sama dengan Lebih dari atau sama dengan Lebih dari
satu tahun satu tahun satu tahun satu tahun
(≤ 1 Tahun)/ (> 1 Tahun)/ (≤ 1 Tahun)/ (> 1 Tahun)/
Less than or More than Less than or More than
equal to one year one year equal to one year one-year Total/
(≤ 1 Year) (> 1 Year) (≤ 1 Year) (> 1 Year) Total
Utang bank jangka pendek 35.000.000 - - - 35.000.000 Short term bank loan
Utang obligasi - - - 343.337.404 343.337.404 Bonds payable
Liabilitas sewa 2.564.963 2.565.471 954.032 5.858.610 11.943.076 Lease liabilities
Utang lain jangka panjang - Long-term non-trade payables -
pihak ketiga - - 7.221.406 6.204.198 13.425.604 third parties
Total 37.564.963 2.565.471 8.175.438 355.400.212 403.706.084 Total
193
b. Risiko Mata Uang b. Foreign Exchange Rate Risk
Risiko mata uang adalah risiko dimana nilai Foreign exchange rate risk is the risk that
wajar atau arus kas masa depan dari suatu the fair value or future cash flows of a
instrumen keuangan akan berfluktuasi financial instrument will fluctuate because
akibat perubahan nilai tukar mata uang of changes in foreign exchange rates. The
asing. Dampak fluktuasi nilai tukar terhadap Group’s exposure to exchange rate
Grup terutama berasal dari utang jangka fluctuations results primarily from short-
pendek, utang jangka panjang, piutang term loans, long-term loans, trade
usaha dari penjualan dalam mata uang receivables from sales in foreign
asing dan utang usaha dari pembelian currencies and trade payables from
dalam mata uang asing. purchases in foreign currencies.
Aset dan liabilitas moneter Grup dalam Monetary assets and liabilities of the
mata uang asing pada tanggal Group which are denominated in foreign
31 Desember 2020 dan 2019 disajikan pada currencies as of December 31, 2020 and
Catatan 33. 2019 are presented in Note 33.
Grup tidak mempunyai kebijakan lindung The Group has no formal hedging policy
nilai yang formal untuk risiko pertukaran for foreign exchange exposure. However,
mata uang asing. Walaupun demikian, in relation to the matters discussed in the
terkait dengan hal-hal yang telah preceding paragraph, the fluctuations in
didiskusikan pada paragraf di atas, fluktuasi the exchange rates between the United
nilai tukar Dolar Amerika Serikat masing- States dollar and each of the Rupiah,
masing terhadap Rupiah, Dolar Australia, Australian Dollar, Singapore Dollar,
Dolar Singapura, Yen Jepang, Japanese Yen, Great Britain
Poundsterling Inggris dan Euro Poundsterling and Euro provide some
menghasilkan lindung nilai natural terhadap degree of natural hedge for the Group’s
risiko mata uang Grup. foreign exchange exposure.
194
c. Risiko Kredit c. Credit Risk
Risiko kredit adalah risiko dimana salah satu Credit risk is the risk that a party to a
pihak terhadap suatu instrumen keuangan financial instrument will fail to discharge
gagal memenuhi kewajibannya dan its obligation and will result in a financial
menyebabkan pihak lain mengalami loss to the other party. The Group is
kerugian keuangan. Risiko kredit yang exposed to credit risk arising from the
dihadapi Grup berasal dari kredit yang credit granted to its customers. The Group
diberikan kepada pelanggan. Grup trades only with recognized and credit
melakukan hubungan usaha hanya dengan worthy third parties. It is the Group’s
pihak ketiga yang diakui dan kredibel. Grup policy that all customers who wish to trade
memiliki kebijakan untuk semua pelanggan on credit terms are subject to credit
yang akan melakukan perdagangan secara verification procedures.
kredit harus melalui prosedur verifikasi
kredit.
Sebagai tambahan, saldo piutang usaha In addition, trade receivables balances

dikaji secara terus menerus dan penyisihan are monitored on an ongoing basis and
kerugian atas penurunan nilai dibentuk, jika allowance for impairment losses is
diperlukan. Selain itu, Standar dan Operasi provided, if needed. In addition, the
yang berkaitan dengan pemberian kredit Standard and Operating Procedures
kepada pelanggan dan monitor atas kredit relating to credit granting to customers
yang diberikan dilakukan perbaikan secara and monitoring on credit is continuously
terus menerus. Nilai maksimum eksposur being improved. The maximum exposure
terhadap risiko kredit adalah sebesar nilai to credit risk is represented by the
tercatat piutang usaha diungkapkan pada carrying amount of trade receivables as
Catatan 6. Tidak ada risiko kredit yang shown in Note 6. There is no
terpusat. concentration of credit risk.
Sehubungan dengan risiko kredit yang With respect to credit risk arising from
timbul dari aset keuangan lainnya, yang other financial assets, which comprise
mencakup kas dan setara kas serta aset cash and cash equivalents and other
keuangan lancar lainnya, karena current financial assets, from default of
wanprestasi dari pihak terkait, Grup memiliki the counterparty, the Group has a policy
kebijakan untuk tidak menempatkan not to place investments in instruments
investasi pada instrumen yang memiliki that have a high credit risk and to put the
risiko kredit tinggi dan hanya menempatkan investments only in banks with high credit
investasinya pada bank-bank dengan ratings. The maximum exposure to this
peringkat kredit yang tinggi. Nilai maksimum risk is equal to the carrying amounts of the
eksposur terhadap risiko ini adalah sebesar above mentioned financial assets as
nilai tercatat dari aset keuangan disclosed in Note 4 and 5.
sebagaimana diungkapkan pada Catatan 4
dan 5.
195
d. Risiko Likuiditas d. Liquidity Risk
Risiko likuiditas adalah risiko kerugian yang Liquidity risk is a risk arising when the
timbul karena Grup tidak memiliki arus kas cash flow position of the Group is not
yang cukup untuk memenuhi likuiditasnya. enough to cover the liabilities which
become due.
Dalam mengelola risiko likuiditas, Grup In the management of liquidity risk, the
memantau dan menjaga tingkat kas dan Group monitors and maintains a level of
setara kas yang dianggap memadai untuk cash and cash equivalents deemed
membiayai operasi Grup dan untuk adequate to finance the Group’s
mengatasi dampak dari fluktuasi arus kas. operations and to mitigate the effects of
Grup juga secara rutin mengevaluasi fluctuation in cash flows. The Group also
proyeksi arus kas dan arus kas aktual, regularly evaluates the projected and
termasuk jadwal jatuh tempo utang jangka actual cash flows, including its long-term
panjang mereka, dan terus menelaah loan maturity profiles, and continuously
kondisi pasar keuangan untuk memelihara assesses conditions in the financial
fleksibilitas pendanaan dengan cara markets to maintain flexibility in funding by
menjaga ketersediaan komitmen fasilitas keeping committed credit facilities
kredit. available.
Tabel di bawah ini merupakan jadwal jatuh The table below summarizes the maturity
tempo liabilitas keuangan Grup pada profile of the Group’s financial liabilities as
tanggal 31 Desember 2020 berdasarkan of December 31, 2020 based on
pembayaran kontraktual yang contractual discounted payments to be
didiskontokan (termasuk pembayaran made (including interest payments):
bunga):
Kurang dari Lebih dari
1 tahun/ 1 - 3 tahun/ 3 - 5 tahun/ 5 tahun/ Total/
Below 1 year 1 - 3 years 3 - 5 years Over 5 years Total

Utang bank jangka pendek 40.000.000 - - - 40.000.000 Short-term bank loans
Utang usaha 115.627.378 - - - 115.627.378 Trade payables
Utang non-usaha 10.153.682 - - - 10.153.682 Non-trade payables
Beban akrual 54.903.937 - - - 54.903.937 Accrued expenses
jangka pendek 2.545.498 - - - 2.545.498 benefits liability
Sub-total 223.230.495 - - - 223.230.495 Sub-total
Liabilitas Jangka Panjang Non-current Liabilities

Utang obligasi - 350.000.000 - - 350.000.000 Bonds payable
Liabilitas sewa 23.642.858 15.026.911 1.011.864 - 39.681.633 Lease liabilities
Utang lain - lain Long-term non-trade
jangka panjang - pihak ketiga 3.802.768 3.359.881 - - 7.162.649 payables - third parties
Sub-total 27.445.626 368.386.792 1.011.864 - 396.844.282 Sub-total
Total 250.676.121 368.386.792 1.011.864 - 620.074.777 Total
Biaya transaksi yang Unamortized

belum diamortisasi (4.280.023) transaction cost
Neto 615.794.754 Net
196
d. Risiko Likuiditas (lanjutan) d. Liquidity Risk (continued)
Tabel di bawah ini merupakan jadwal jatuh The table below summarizes the maturity
tempo liabilitas keuangan Grup pada profile of the Group’s financial liabilities as
tanggal 31 Desember 2019 berdasarkan of December 31, 2019 based on
pembayaran kontraktual yang contractual discounted payments to be
didiskontokan (termasuk pembayaran made (including interest payments):
bunga):
Kurang dari Lebih dari
1 tahun/ 1 - 3 tahun/ 3 - 5 tahun/ 5 tahun/ Total/
Below 1 year 1 - 3 years 3 - 5 years Over 5 years Total

Utang bank jangka pendek 35.000.000 - - - 35.000.000 Short-term bank loans
Utang usaha 92.915.800 - - - 92.915.800 Trade payables
Utang non-usaha 11.512.025 - - - 11.512.025 Non-trade payables
Beban akrual 51.919.397 - - - 51.919.397 Accrued expenses
jangka pendek 6.650.273 - - - 6.650.273 benefits liability
Sub-total 197.997.495 - - - 197.997.495 Sub-total
Liabilitas Jangka Panjang Non-current Liabilities

Utang obligasi - 350.000.000 - - 350.000.000 Bonds payable
Liabilitas sewa 3.518.995 8.424.081 - - 11.943.076 Lease liabilities
Utang lain - lain Long-term non-trade
jangka panjang - pihak ketiga 7.221.406 6.204.198 - - 13.425.604 payables - third parties
Sub-total 10.740.401 364.628.279 - - 375.368.680 Sub-total
Total 208.737.896 364.628.279 - - 573.366.175 Total
Biaya transaksi yang Unamortized

belum diamortisasi (6.662.596) transaction cost
Neto 566.703.579 Net
e. Perubahan Pada Liabilitas Yang Timbul e. Changes In Liabilities Arising From

Dari Aktivitas Pendanaan Financing Activities
Perolehan aset
hak guna
Amortisasi Biaya melalui
Transaksi liabilitas sewa/
Penerapan dan emisi/ Acquisition
Mata Uang PSAK 73/ Amortization of right of use
Saldo Awal/ Asing/ Adoption Transaction asset Saldo Akhir/
Beginning Arus Kas/ Foreign of and through lease Ending
Balances Cash Flows Exchange PSAK 73 Issuance Cost liabilities Balances
Utang bank jangka pendek 35.000.000 5.000.000 - - - - 40.000.000 Short term bank loans
Utang obligasi 343.337.404 - - - 2.382.573 - 345.719.977 Bonds payables
Liabilitas sewa 11.943.076 (23.217.837) (429.532) 29.698.743 - 21.687.183 39.681.633 Lease liabilities
Total liabilitas dari Total liabilities from

aktivitas pendanaan 390.280.480 (18.217.837) (429.532) 29.698.743 2.382.573 21.687.183 425.401.610 financing activities
197
e. Perubahan Pada Liabilitas Yang Timbul e. Changes In Liabilities Arising From

Dari Aktivitas Pendanaan (lanjutan) Financing Activities (continued)
Amortisasi
Biaya
transaksi
dan emisi/
Amortization
Mata Uang of
Saldo Awal/ Asing/ Transaction
Beginning Arus Kas/ Foreign and Saldo Akhir/
Balance Cash Flow Exchange Issuance Cost Ending Balance
Utang bank jangka pendek - 35.000.000 - - 35.000.000 Short-term bank loans

Utang obligasi 341.188.988 - - 2.148.416 343.337.404 Bonds payable
Liabilitas sewa - Lease liabilities -
pihak berelasi 20.442.932 (8.499.856) - - 11.943.076 related party
Total liabilitas dari Total liabilities from

aktivitas pendanaan 361.631.920 26.500.144 - 2.148.416 390.280.480 financing activities
b. Manajemen Modal b. Capital Management
Tujuan utama dari pengelolaan modal Grup The primary objective of the Group’s capital
adalah untuk memastikan agar Perusahaan management is to ensure that it maintains
mempertahankan rasio modal yang sehat dalam healthy capital ratios in order to support its
rangka untuk mendukung usaha dan business and maximize stockholder value.
memaksimumkan nilai pemegang saham. Modal The capital of the Group consists of share
Grup terdiri dari modal saham dan saldo laba. capital and retained earnings. The Group
Grup mengelola struktur permodalan dan manages the capital structure and make
melakukan penyesuaian terhadap perubahan adjustments to changing economic conditions
kondisi ekonomi dan memenuhi persyaratan dari and to meet the requirements of the lenders.
pihak pemberi pinjaman.
198
b. Manajemen Modal (lanjutan) b. Capital Management (continued)
Grup mengawasi modal dengan menggunakan The Group monitors its capital using gearing
rasio pengungkit (gearing ratio), dengan ratios, by dividing net debts with the net equity.
membagi utang neto dengan ekuitas neto. The Group’s policy is to maintain the gearing
Kebijakan Grup adalah menjaga rasio ratio within the range of gearing ratios of the
pengungkit dalam kisaran perusahaan- leading companies with similar industry in
perusahaan terkemuka dalam industri sejenis di Indonesia in order to secure access to finance
Indonesia untuk mengamankan akses terhadap at a reasonable cost. The Group includes
pendanaan pada biaya yang rasional. Grup within net debt, finance lease payables, short-
menyertakan dalam pinjaman neto, utang bank term bank loans, and bonds payable less cash
jangka pendek, utang sewa pembiayaan dan and cash equivalents. Capital includes share
utang obligasi dikurangi kas dan setara kas. capital, and equity attributable to the majority
Termasuk dalam modal adalah modal saham shareholders of the Company.
dan ekuitas yang dapat diatribusikan kepada
pemilik entitas induk.


Utang obligasi 345.719.977 343.337.404 Bonds payable
Total 425.401.610 390.280.480 Total

Dikurangi kas dan setara kas (109.212.396) (101.923.463) Less cash and cash equivalents
Utang neto 316.189.214 288.357.017 Net debts

Ekuitas neto 161.749.144 245.193.711 Net equity
Rasio pengungkit 1,95 1,18 Gearing ratio
Rasio kewajiban terhadap ekuitas 2,63 1,59 Debt to equity ratio
Tidak ada perubahan atas tujuan, kebijakan There are no changes to the objectives, policies
maupun proses pada tanggal and processes as of December 31, 2020 and
31 Desember 2020 dan 2019. Grup telah 2019. The Group is in compliance with the
mematuhi setiap persyaratan permodalan dari capital requirements of lenders.
pihak pemberi pinjaman.
199
36. PERATURAN PERTAMBANGAN 36. MINING REGULATIONS
Undang-undang Pertambangan Mineral dan Law on Mineral and Coal Mining

Batubara (“UU Minerba”) dan peraturan (“UU Minerba”) and the related government
pemerintah yang terkait regulations
Pada tanggal 12 Januari 2009, Pemerintah Republik On January 12, 2009, the Government of the
Indonesia telah menerbitkan UU Minerba. Dengan Republic of Indonesia issued UU Minerba. The
diberlakukannya UU Minerba, dapat menimbulkan application of UU Minerba might create such risks
risiko seperti ketiadaan pembeli dalam negeri untuk as the lack of domestic buyers for certain mining
produk-produk hasil tambang tertentu terkait dengan products related to the obligation to supply the
adanya kewajiban untuk memasok pasar dalam domestic markets, the decrease of mining reserves
negeri, berkurangnya cadangan karena adanya due to limitation in the mining exploration area and
batasan luas kegiatan eksplorasi dan operasi production activities, and Group’s capability to build
produksi pertambangan, dan kesiapan Grup dalam processing and refinery facilities within five years or
memenuhi kewajiban pembangunan fasilitas up to 2014. On February 1, 2010, the Government
pengolahan dan pemurnian di dalam negeri dalam of the Republic of Indonesia issued Government
jangka waktu lima tahun atau sampai dengan tahun Regulation No. 22 Year 2010 regarding “Mining
2014. Pada tanggal 1 Februari 2010, Pemerintah Areas” (“PP No. 22”) and Government Regulation
Republik Indonesia telah menerbitkan Peraturan No. 23 Year 2010 regarding “The Implementation
Pemerintah No. 22 Tahun 2010 tentang “Wilayah of Coal and Mineral Mining Operations”
Pertambangan” (“PP No. 22”) dan Peraturan (“PP No. 23”). PP No. 22 regulates further
Pemerintah No. 23 Tahun 2010 tentang provisions concerning the boundary, area, and
“Pelaksanaan Kegiatan Usaha Pertambangan mechanism in determining the mine area,
Mineral dan Batubara” (“PP No. 23”). PP No. 22 assignment procedures for investigation, research
mengatur ketentuan lebih lanjut mengenai batas, and data processing. PP No. 23 regulates further
luas, dan mekanisme penetapan wilayah provisions concerning preferential treatment of
pertambangan, tata cara penugasan penyelidikan, minerals and/or coal for domestic purposes;
penelitian dan pengelolaan data. PP No. 23 procedures for granting the IUP, Special Mining
mengatur ketentuan lebih lanjut mengenai Right (“IUPK”) and People Mining Right (“IPR”);
pengutamaan mineral dan/atau batubara untuk implementation of community development and
kepentingan dalam negeri; tata cara pemberian IUP, empowerment; the procedures for reporting the
Izin Usaha Pertambangan Khusus (“IUPK”) dan Izin results of exploration and production operations
Pertambangan Rakyat (“IPR”); pelaksanaan and the share divestment of IUP holder and IUPK
pengembangan dan pemberdayaan masyarakat; tata holder whose shares are owned by foreign
cara penyampaian laporan hasil eksplorasi dan shareholders. PP No. 23 also requires a KP to be
operasi produksi dan divestasi saham pemegang IUP converted into an IUP within three months of the
dan IUPK yang sahamnya dimiliki pemegang saham issue of PP No. 23, however, the details of
asing. PP No. 23 juga mewajibkan agar KP diubah procedures remain to be specified by the
menjadi IUP dalam jangka waktu tiga bulan sejak Government.
diterbitkannya PP No. 23, akan tetapi tata
laksananya masih perlu diperjelas oleh Pemerintah.
Pada tanggal 5 Januari 2018, Menteri Energi dan On January 5, 2018, the Minister of Energy and
Sumber Daya Mineral menerbitkan Keputusan Mineral Resources issued Decision
Menteri Energi dan Sumber Daya Mineral Republik No.23 K/30/MEM/2018 regarding Determination of
Indonesia No.23K/30/MEM/2018 tentang Penetapan Percentage of Domestic Market Obligation
Persentasi Minimal Penjualan Batubara Untuk (“KEPMEN No.23/2018”). This decision letter
Kepentingan Dalam Negeri Tahun 2018 stated that 25% of coal sales of a company with
(“KEPMEN No.23/2018”). Surat Keputusan ini Coal Contract of Works and/ or Coal Mining Permit
menetapkan 25% dari penjualan batubara for Operation and Production is allocated for
perusahaan pemegang Perjanjian Karya domestic market, the implementation of this
Pengusahaan Pertambangan Batubara dan Ijin KEPMEN No.23/2018 is still being observed to
Usaha Pertambangan Operasi Produksi Batubara measure the impact to coal mining companies.
diperuntukan bagi kepentingan dalam negeri,
pelaksanaan atas KEPMEN No.23/2018 ini sedang
diamati untuk menghitung dampaknya kepada
perusahaan-perusahaan batubara.
200
37. JAMINAN REKLAMASI 37. RECLAMATION GUARANTEE
Pada tanggal 28 Februari 2014, Menteri Energi dan On February 28, 2014, the Minister of Energy and
Sumber Daya Mineral mengeluarkan Peraturan Mineral Resources issued Ministerial Regulation
Menteri No. 7/2014 (“Permen ESDM 07/2014”) No. 7/2014 (“Permen ESDM 07/2014”) regarding
mengenai pelaksanaan reklamasi dan mine reclamation and post-mining activities in the
pascatambang pada kegiatan usaha pertambangan mineral and coal mining activities. As at the
mineral dan batubara. Pada saat Peraturan Menteri effective date of this regulation, Ministerial
ini berlaku, Peraturan Menteri Energi dan Sumber Regulation No. 18/2008 regarding mine
Daya Mineral No. 18/2008 tentang reklamasi dan reclamation and mine closure was revoked and
penutupan tambang dicabut dan dinyatakan tidak was no longer valid.
berlaku.
Dalam Permen ESDM 7/2014 ditetapkan bahwa Permen ESDM 7/2014 states that a company is
suatu perusahaan disyaratkan untuk menyediakan required to provide mine reclamation and
jaminan untuk reklamasi tambang dan pasca post-mining guarantees which may be in the form
tambang yang dapat berupa deposito berjangka, of a time deposit, bank guarantee, or accounting
jaminan bank atau cadangan akuntansi yang jangka reserve, all of which have a duration corresponding
waktunya sesuai dengan jadwal reklamasi. to the reclamation schedule.
Pada tanggal 20 Maret 2010, Pemerintah On March 20, 2010, the Government released an
mengumumkan peraturan pelaksanaan bagi implementing regulation for Law No. 4/2009 on
UU Pertambangan Mineral dan Batubara No. 4/2009 Mineral and Coal Mining (“2009 Mining Law”),
(“UU Pertambangan 2009”), yaitu Peraturan which is Government Regulation No. 78/2010
Pemerintah No. 78/2010 (“PP No. 78”) yang ("PP No. 78") that deals with reclamation and
mengatur reklamasi dan kegiatan pasca post-mining activities for both Ijin Usaha
penambangan baik untuk pemegang Ijin Usaha Pertambangan-Exploration (“IUP-Exploration”)
Pertambangan-Eksplorasi (“IUP-Eksplorasi”) and Ijin Usaha Pertambangan-Production
maupun Ijin Usaha Pertambangan-Operasi Produksi Operation (“IUP-Production Operation”) holders.
(“IUP-Operasi Produksi”).
Pemegang IUP-Operasi Produksi diwajibkan antara An IUP-Production Operation holder, among other
lain untuk mempersiapkan (1) rencana reklamasi lima requirements, must (1) prepare a five-year
tahun; (2) rencana pasca tambang; (3) jaminan reclamation plan; (2) prepare a post-mining plan;
reklamasi yang dapat dalam bentuk rekening (3) provide a reclamation guarantee which may be
bersama atau deposito berjangka yang ditempatkan in the form of a joint account or time deposit placed
pada bank pemerintah, bank garansi atau cadangan at a state-owned bank, a bank guarantee or an
akuntansi (jika memenuhi syarat); dan (4) garansi accounting reserve (if eligible); and
pasca tambang dalam bentuk deposito berjangka (4) provide a post-mine guarantee in the form of
pada bank milik pemerintah. Kewajiban untuk a time deposit at a state-owned bank. The
menyediakan jaminan reklamasi dan jaminan requirement to provide reclamation and
pasca tambang tidak membebaskan pemegang IUP post-mining guarantees does not release the IUP
dari kewajiban untuk melakukan reklamasi dan holder from the requirement to perform reclamation
kegiatan pasca tambang. and post-mining activities.
201
37. JAMINAN REKLAMASI (lanjutan) 37. RECLAMATION GUARANTEE (continued)
Perusahaan, TIA, MIFA dan BEL menyediakan The Company, TIA, MIFA and BEL provided
Jaminan Reklamasi dalam bentuk rekening bersama, Reclamation and Post Mining Activities Guarantee
deposito berjangka dan bank garansi. Jaminan in the form of joint account, time deposit and bank
Reklamasi yang telah ditempatkan oleh Perusahaan, guarantee. The guarantee, which has been placed
TIA, MIFA dan BEL sebesar Rp23,29 miliar (setara by the Company TIA, MIFA and BEL, totaling to
dengan AS$1.651.353) untuk tahun yang berakhir Rp23.29 billion (equivalent to US$1,651,353) for
pada tanggal 31 Desember 2020 dan Rp19,32 miliar the year ended December 31, 2020 and
(setara dengan AS$1.390.316) untuk tahun yang Rp19.32 billion (equivalent to US$1,390,316) for
berakhir pada tanggal 31 Desember 2019. the year ended December 31, 2019.
Selain itu, TIA, MIFA dan BEL menyediakan jaminan In addition, TIA, MIFA and BEL provided a
pasca tambang dalam bentuk rekening bersama di post-mining activities guarantee in the form of
bank pemerintah. Pada tanggal 31 Desember 2020 joint account at state-owned bank. As of
dan 2019, TIA telah menempatkan jaminan pasca December 31, 2020 and 2019, TIA has placed
tambang masing-masing adalah sebesar post-mining activities guarantee amounted to
AS$583.621 dan AS$433.483. Pada tanggal US$583,621 and US$433,483, respectively.
31 Desember 2020 dan 2019, MIFA dan BEL telah As of December 31, 2020 and 2019, MIFA and BEL
menempatkan jaminan pasca tambang has placed post-mining activities guarantee
masing-masing adalah sebesar Rp3,21 miliar (setara amounted to Rp3.21 billion (equivalent to
AS$227.229) dan Rp1,67 miliar (setara AS$134.326). US$227,229) and Rp1.67 billion (equivalent to
US$134,326).
38. TAMBAHAN INFORMASI ARUS KAS 38. SUPPLEMENTARY CASH FLOWS

INFORMATION
Transaksi non-kas yang signifikan: Significant non-cash transactions:

Reklasifikasi aset tetap ke Reclassification of fixed assets to

aset hak-guna 11.712.981 - right of use assets
Transfer aset hak-guna ke Transfer of right of use assets to
aset tetap 5.447.781 - fixed assets
aset takberwujud 703.434 - intangible assets
aset tidak lancar lainnya - 23.896.465 other non-current assets
Perolehan aset tetap melalui: Acquisition of fixed assets through:
Utang 1.670.367 7.949.767 Payables
Uang muka pembelian aset tetap 458.077 684.812 Advance for purchase of fixed assets
Penjualan aset tetap melalui piutang 177.140 1.221.514 Sale of fixed assets through receivables
Perolehan aset takberwujud Acquisition of intangible asset
melalui utang - 13.265.848 through payables
Perolehan aset hak-guna melalui Acquisition of right of use through
liabilitas sewa 21.687.183 - lease payables
202
39. REKLASIFIKASI AKUN 39. RECLASSIFICATION OF ACCOUNTS
Akun tertentu dalam laporan keuangan konsolidasian Certain accounts in the 2019 consolidated financial
tahun 2019 telah direklasifikasi agar sesuai dengan statements has been reclassified to conform with
penyajian akun dalam laporan keuangan the presentation of accounts in the 2020
konsolidasian tahun 2020. Rincian akun tersebut consolidated financial statements. The account
adalah sebagai berikut: details are as follows:
Dilaporkan Penyesuaian
Sebelumnya/ Reklasifikasi/ Diklasifikasikan
As Previously Reclassification Kembali/
Reported Adjustments As Reclassified
Laporan Posisi Keuangan Consolidated
Konsolidasian Statement of Financial Position
Utang usaha Trade payables
Pihak ketiga 54.052.985 (1.244.389) 52.808.596 Third parties
Pihak berelasi 38.862.815 1.244.389 40.107.204 Related parties
Utang sewa pembiayaan Finance lease payables
Pihak berelasi 11.943.076 (11.943.076) - Related party
Liabilitas sewa Lease liabilities
Pihak berelasi - 11.943.076 11.943.076 Related party
40. PERISTIWA SETELAH PERIODE PELAPORAN 40. EVENTS AFTER THE REPORTING PERIOD
Fasilitas Kredit Modal Kerja dari PT Bank Mandiri Working Capital Loan Facility from
(Persero) Tbk (“Mandiri”) PT Bank Mandiri (Persero) Tbk (“Mandiri”)
Pada tanggal 26 Maret 2021, Perusahaan, TIA dan On March 26, 2021, the Company, TIA and CK
CK menandatangani perjanjian pinjaman dengan entered into a loan agreement with Mandiri, a third
Mandiri, pihak ketiga, untuk fasilitas kredit modal party, for working capital loan facility with
kerja (working capital loan) dengan jumlah batas maximum limit of US$50,000,000 and can be used
maksimum pinjaman sebesar AS$50.000.000 dan for the operations of the Company and other needs
dapat digunakan untuk operasional Perusahaan dan of the Company. The facility will end in one year
kebutuhan Perusahaan lainnya. Fasilitas ini akan since the signing of the loan agreement.
berakhir satu tahun sejak ditandatanganinya
perjanjian.
Berdasarkan perjanjian pinjaman, Perusahaan Based on the loan agreement, the Company is
diwajibkan untuk memenuhi rasio keuangan tertentu required to maintain certain financial ratios which
yang diuji setiap triwulan sebagai berikut: will be tested quarterly as follows:
- Net debt to EBITDA atas dasar laporan keuangan - Net debt to EBITDA from the Group
konsolidasian Grup tidak melebihi dari 3,00:1,00 consolidated financial statement at the
maximum 3.00:1.00
- Net debt to equity ratio atas dasar laporan - Net debt to equity ratio from the Group
keuangan konsolidasian Grup tidak melebihi dari consolidated financial statement at the
1,50:1,00 maximum 1.50:1.00
- Fixed charge coverage ratio atas atas dasar - Fixed charge coverage ratio from the Group
laporan keuangan konsolidasian Grup lebih besar consolidated financial statement greater than
dari 3,00:1,00 3.00:1.00
- Priority indebtedness atas dasar laporan - Priority indebtedness from the Group
keuangan konsolidasian Grup tidak melebihi dari consolidated financial statement at the
10,00% maximum 10.00%
203
PT Bank ANZ Indonesia (“ANZ”) PT Bank ANZ Indonesia (“ANZ”)
Pada tanggal 9 Februari 2021, Perusahaan, CK, On February 9, 2021, the Company, CK, CKB,
CKB, ATR, BDD, DDE, SSB, PWP, Reswara, TIA, ATR, BDD, DDE, SSB, PWP, Reswara, TIA, PBR,
PBR, MDB, BEL dan MIFA (“Peminjam”) MDB, BEL and MIFA (the “Borrower”) amended
menandatangani amendemen perjanjian pinjaman the loan agreement with ANZ, a third party, to
dengan ANZ, pihak ketiga, untuk memperpanjang extend the availability period of the facilities up to
jangka waktu berlakunya fasilitas sampai dengan June 30, 2021 and to change the maximum
tanggal 30 Juni 2021 dan mengubah batas combine credit limit of Revolving Credit Facility
maksimum kredit atas Fasilitas Kredit Bergulir dan and Multi Option Trade Facilities to become not
Pembiayaan Multi Opsi dengan batas kredit exceeding US$10,000,000.
gabungan maksimum menjadi tidak melebihi
AS$10.000.000.
Pada tanggal 30 Maret 2021, Peminjam telah On March 30, 2021, the Borrower has fully settled
menyelesaikan seluruh kewajiban Perjanjian all its obligations with ANZ under the Facility
Fasilitas dengan ANZ. Sehingga, seluruh fasilitas Agreement. Accordingly, all banking facilities
perbankan yang sebelumnya diberikan kepada previously granted to the Borrower under the
Peminjam telah diakhiri. Facility Agreement are hereby terminated.
Surat Ketetapan Pajak Tax Assessment Letters
BEL BEL
Pada tanggal 6 Januari 2021, BEL menerima Surat On January 6, 2021, BEL received Notice Letter of
Pemberitahuan Pemeriksaan Lapangan atas Field Inspection of compliance tax in 2019.
kepatuhan pemenuhan kewajiban perpajakan tahun
2019.
keuangan konsolidasian, BEL belum menerima financial statements, BEL has not yet received Tax
keputusan Surat Ketetapan Pajak dari DJP. Assessment Letter from DGT.
SSB SSB
Pada tanggal 13 Januari 2021, SSB menerima Surat On January 13, 2021, SSB received Notice Letter
Pemberitahuan Pemeriksaan Lapangan atas of Field Inspection of compliance tax in 2019.
2019.
keuangan konsolidasian, SSB belum menerima financial statements, SSB has not yet received Tax
TIA TIA
Pada tanggal 10 Februari 2021, TIA menerima Surat On February 10, 2021, TIA received Notice Letter
Pemberitahuan Pemeriksaan Lapangan atas of Field Inspection of compliance tax in 2019.
2019.
keuangan konsolidasian, TIA belum menerima financial statements, TIA has not yet received Tax
204
Peraturan Pemerintah Nomor 35 Tahun 2021 - Government Regulation Number 35 Year 2021
Undang-Undang Cipta Kerja - Job Creation Law
Pada tanggal 2 Februari 2021, Pemerintah On February 2, 2021, the Government promulgated
mengundangkan dan memberlakukan Peraturan Government Regulation Number 35 Year 2021 (PP
Pemerintah Nomor 35 Tahun 2021 (PP 35/2021) 35/2021) to implement the provisions of Article 81
untuk melaksanakan ketentuan Pasal 81 dan Pasal and Article 185 (b) of Law no. 11/2020 concerning
185 (b) UU No. 11/2020 mengenai Cipta Kerja yang Job Creation (Cipta Kerja), which aims to create the
bertujuan untuk menciptakan lapangan kerja yang widest possible employment opportunities
seluas-luasnya.
PP 35/2021 mengatur mengenai perjanjian kerja PP 35/2021 regulates the work agreement for a
waktu tertentu (karyawan tidak tetap), alih daya, certain period (non-permanent employees),
waktu kerja, waktu istirahat dan pemutusan outsourcing, working time, rest time and
hubungan kerja, yang dapat mempengaruhi manfaat termination of employment, which can affect the
imbalan minimum yang harus diberikan kepada minimum benefits that must be provided to
karyawan. employees.
Pada tanggal laporan keuangan konsolidasian As of the authorization date of these consolidated
diotorisasi, Grup masih mengevaluasi dampak financial statements, the Group is still evaluating
potensial penerapan peraturan pelaksana PP the potential impacts of PP 35/2021, including the
35/2021, termasukdampaknya pada laporan impacts on the Group's consolidated financial
keuangan konsolidasian Grup untuk periode statements for the next reporting period.
pelaporan berikutnya.
Ketidakpastian Makroekonomi Macroeconomic Uncertainty
Operasi Grup telah dan mungkin terus dipengaruhi The Group operation has and may continue to be
oleh penyebaran virus Covid-19 yang dimulai di impacted by the outbreak of Covid-19 virus which
Tiongkok dan kemudian menyebar ke negara-negara started in China and subsequently spread to other
lain termasuk Indonesia. Efek virus Covid-19 countries including Indonesia. The effects of Covid-
terhadap ekonomi global dan Indonesia termasuk 19 virus to the global and Indonesian economy
efek terhadap pertumbuhan ekonomi, penurunan include effect to economic growth, decline in capital
pasar modal, peningkatan risiko kredit, depresiasi markets, increase in credit risk, depreciation of
nilai tukar mata uang asing dan gangguan operasi foreign currency exchange rates and disruption of
bisnis. Efek masa depan dari virus Covid-19 terhadap business operation. The future effects of the
Indonesia dan Grup masih belum dapat ditentukan outbreak of Covid-19 virus to Indonesia and the
saat ini. Peningkatan jumlah infeksi Covid-19 yang Group are unclear at this time. A significant rise in
signifikan atau penyebaran yang berkepanjangan the number of Covid-19 virus infections or
dapat mempengaruhi Indonesia dan Grup. prolongation of the outbreak may affect Indonesia
and the Group.
Sampai dengan tanggal laporan keuangan As of the date of these consolidated financial
konsolidasian ini, telah terjadi penurunan Indeks statements, there has been decline in the
Harga Saham Gabungan (“IHSG”), Indeks Harga Indonesia Stock Exchange Composite Index
Obligasi Gabungan (“ICBI”), dan nilai tukar mata (“IHSG”), Indonesian Composite Bond Index
uang Rupiah terhadap mata uang asing yang (“ICBI”) and Rupiah foreign currency exchange
sebagian disebabkan oleh dampak virus Covid-19. rates which partially due to impact of Covid-19
virus.
205
Laporan Tahunan
2020
ANNUAL REPORT
corporate.secretary@abm-investama.co.id
Kantor Pusat / Head Office:

(+62 21) 2997 6767
(+62 21) 2997 6768
corporate.secretary@abm-investama.co.id
www.abm-investama.com

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Laporan Tahunan 2020 ANNUAL REPORT

Kamus Istilah / Glossary

INILAH KITA INILAH CARA INILAH TUJUAN

(Lower Cost of Sales & Lower SG&A)

Be BOLD Break The

2020 Annual Report 1

2 Laporan Tahunan 2020

Creating the Solid Platform to Sustainable Growth

2020 Annual Report 3

Perdagangan dan Pemasaran Batubara

4 Laporan Tahunan 2020

Jasa Bahan Bakar dan Pelumas

Jasa Rekayasa dan Pabrikasi

Solusi Logistik dan Transportasi

2020 Annual Report 5

Pendapatan dari Kontrak Laba Usaha Total Liabilitas

Laba Bruto Total Aset Total Ekuitas

Volume Penjualan Batu Bara Volume Pemindahan Lapisan Penutup

Volume Produksi Batu Bara

2020 : 12.56 juta ton/million tons

6 Laporan Tahunan 2020

ABM has implemented 88% of the minimum standards

Volume Penyewaan Alat

Assessment of the maturity level of GCG

2020 Annual Report 7

8 Laporan Tahunan 2020

2020 Annual Report 9

Januari / January Oktober / October

10 Laporan Tahunan 2020

Agustus dan November /

16 November: SSB mendirikan PT SSB Sammitr

2020 Annual Report 11

18 Ikhtisar Data Keuangan Penting /

36 Laporan Dewan Komisaris /

12 Laporan Tahunan 2020

52 Informasi Umum dan Identitas Perusahaan /

118 Tinjauan Perekonomian dan Industri /

2020 Annual Report 13

182 Pentingnya Implementasi Tata Kelola

14 Laporan Tahunan 2020

358 Tata Kelola Tanggung Jawab Sosial dan Lingkungan /

2020 Annual Report 15

16 Laporan Tahunan 2020

2020 Annual Report 17

Ikhtisar Data Keuangan Penting

Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian /

Pendapatan dari Kontrak dengan Pelanggan /

18 Laporan Tahunan 2020

Pendapatan dari Kontrak

Laba (Rugi) Tahun Berjalan

(dalam ribuan AS$ / in thousands of US$)

Laba (Rugi) Komprehensif

2020 Annual Report 19

Posisi Keuangan Konsolidasian / Consolidated Statement of Financial Position

(dalam ribuan AS$ / in thousands of US$)

20 Laporan Tahunan 2020

(dalam ribuan AS$ / in thousands of US$)

(dalam ribuan AS$ / in thousands of US$)

dalam %, kecuali dinyatakan lain / in %, unless otherwise stated

2020 Annual Report 21

Pertambangan Batu Bara / Coal Mining

Volume Produksi 11,63

Volume Pemindahan Volume Penyewaan Alat untuk