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A N N U A L R E P O RT
L A P O R A N TA H U N A N
2015
ii
iii
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
TABLE OF CONTENT
DA F TA R I SI
04
COMPANY PROFILE
06
Financial Highlights
Ikhtisar Data Keuangan
08
Informations of Shares
Informasi Saham
11
Company Outline
Profil Perseroan
12
Shareholder Compositions
Komposisi Pemegang Saham
13
15
20
Company Profile
Profil Perseroan
21
Company History
Riwayat Perseroan
24
25
26
Organization Structure
Struktur Organisasi
28
Milestone
Jejak Langkah
30
Board of Commissioner
Dewan Komisaris
32
Board of Directors
Direksi
36
Human Resources
Sumber Daya Manusia
42
117
External Auditor
Eksternal Auditor
46
Associates
Entitas Asosiasi
118
47
121
48
123
50
123
53
Business Review
Tinjauan Usaha
Access to Information
Akses Informasi
123
55
125
59
Capital Structure
Struktur Permodalan
60
Business Prospects
Prospek Usaha
125
66
Dividend Policy
Kebijakan Dividen
128
67
Significant Information
Informasi Material
130
72
CORPORATE GOVERNANCE
131
Environment
Lingkungan Hidup
86
Board of Commissioners
Dewan Komisaris
133
90
Board of Directors
Direksi
137
104
Committees
Komite - Komite
Responsibility to Consumers
Tanggung Jawab terhadap Konsumen
142
FINANCIAL REPORT
112
Corporate Secretary
Sekretaris Perseroan
114
Internal Audit
Internal Audit
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
46
1
COMPANY PROFILE
PROFIL PERSEROAN
FINANCIAL HIGHLIGHTS
I K HT I SAR DATA KEUANG AN
2015
Sales
Penjualan
2.278.674
2.053.630
1.711.307
1.576.763
1.341.927
Gross Profit
Laba Kotor
570.100
531.034
487.329
479.069
396.992
Operating Profit
Laba Usaha
395.719
393.676*
332.816
342.972
299.798
EBITDA
EBITDA
486.287
467.363*
395.680
405.729
351.347
Net Income
Laba Bersih
285.237
295.861*
236.558
235.946
218.124
337.988
241.893*
236.558
236.696
218.724
1.032.000
990.720
495.360
495.360
49.536
282
299*
239
476**
440*
1.348.063
1.115.004
1.089.799
966.806
837.114
560.119
528.815
496.495
448.768
444.637
787.944
586.189
593.304
518.038
392.477
2.439.541
2.062.387*
1.746.178
1.522.664
1.339.570
947.998
936.489*
710.527
624.499
579.029
1.491.543
1.125.898*
1.035.650
898.165
760.541
112.668
43.930
43.783
47.089
2.750
11,69
14,35*
13,55
15,50
16.28
19,12
26,28 *
22,84
26,27
28,68
240,67
210,85
219,50
215,44
188,27
63,56
83,18*
68,61
69,53
76,13
38,86
45,41*
40,69
41,01
43,22
25,02
25,86
28,48
30,38
29,58
17,37
19,17*
19,45
21,75
22,34
12,52
14,41*
13,82
14,96
16,25
Total Assets
Total Aset
Total Liabilities
Total Liabilitas
Total Equity
Total Ekuitas
Investment in Associates
Investasi pada Entitas Asosiasi
* Restated/Disajikan kembali
2014
2013
2012
2011
Sales
Penjualan
Year
Tahun
Million (Rp)
Juta (Rp)
2011
2012
2013
2014
2015
1.341.927
1.576.763
1.711.307
2.053.630
2.278.674
Operating Profit
Laba Usaha
Million (USD)
Juta (USD)
Net Income
Laba Bersh
Million (Rp)
Juta (Rp)
Million (USD)
Juta (USD)
Million (Rp)
Juta (Rp)
Million (USD)
Juta (USD)
299.798
342.972
332.816
393.676
395.719
33,06
35,47
27,30
31,65
28,69
218.124
235.946
236.558
295.861
285.237
24,05
24,40
19,41
23,78
20,68
147,98
163,06
140,40
165,08
165,18
2.053.630
2.000.000
9.068
9.670
12.189
12.440
13.795
2.278.674
1.711.307
1.576.763
1.500.000
1.341.927
1.000.000
500.000
235.946
218.124
2011
295.861
236.558
2013
2012
285.237
2014
2015
Sales/Penjualan
Net Income/Laba Bersih
TOTAL ASSETS AND TOTAL EQUITY
Total Equity
Total Ekuitas
Year
Tahun
2011
2012
2013
2014
2015
Million (Rp)
Juta (Rp)
Million (Rp)
Juta (Rp)
Million (USD)
Juta (USD)
760.541
898.165
1.035.650
1.125.898
1.491.543
1.339.570
1.522.664
1.746.178
2.062.387
2.439.541
83,87
92,88
84,97
90,51
108,12
Exchange Rate
Nilai Tukar Rp/1
USD at 31 Dec.
Million (USD)
Juta (USD)
147,72
157,46
143,26
165,79
176,84
3.000.000
2.439.541
2.500.000
2.062.387
2.000.000
1.522.664
1.500.000
1.000.000
1.339.570
760.541
1.746.178
1.491.543
1.035.650
898.165
1.125.898
500.000
0
2011
2013
2012
2014
2015
9.068
9.670
12.189
12.440
13.795
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
2.500.000
Exchange Rate
Nilai Tukar Rp/1
USD at 31 Dec.
INFORMATION OF SHARES
I NF ORMASI SAHAM
2015
2014
Highest Lowest Closing Volume (Share) Highest Lowest Closing Volume (Share)
Tertinggi Terendah Penutup Volume (Saham) Tertinggi Terendah Penutup Volume (Saham)
(Rp)
(Rp)
(Rp)
(Rp)
(Rp)
(Rp)
1st Quarter
Kuartal I
4.600
3.550
4.025
1,383,100
8.000
7.200
7.700
268,200
2nd Quarter
Kuartal II
4.200
3.700
3.995
1,841,000
7.700
6.500
6.675
305,900
3rd Quarter
Kuartal III
6.700
3.810
6.700
38,321,000
8.075
3.400
3.750
644,100
4th Quarter
Kuartal IV
7.300
6.600
6.950
43,932,400
4.000
3.300
3.975
534,000
9.000
8.000
Rupiah
6.000
5.000
4.000
3.000
2.000
1.000
0
1st Quarter
Kuartal I
7.700
4.025
2nd Quarter
Kuartal II
6.675
3.995
3rd Quarter
Kuartal III
3.750
6.700
4th Quarter
Kuartal IV
3.975
6.950
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
7.000
50,000,000
45,000,000
40,000,000
35,000,000
Lembar
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
1st Quarter
Kuartal I
268,200
1,383,100
2nd Quarter
Kuartal II
305,900
1,841,000
10
3rd Quarter
Kuartal III
644,100
38,321,000
4th Quarter
Kuartal IV
534,000
43,932,400
COMPANY OUTLINE
COMPANY NAME
NAMA PERSEROAN
DATE ESTABLISHED
DIDIRIKAN TANGGAL
11 July 1977
11 Juli 1977
HEAD OFFICE
KANTOR PUSAT
LINE OF BUSINESS
BIDANG USAHA
SHOWROOM
SHOWROOM
FACTORY
PABRIK
11
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
PROFIL P ERSEROAN
SHAREHOLDER COMPOSITIONS
KO MPO SISI P EMEG ANG SAHAM
Stock
Saham
Number of Shares
Jumlah Saham (Lembar)
1,032,000,000
Autorized Capital
Modal Dasar
Rp150.000.000.000
Paid Up Capital
Modal Disetor
Rp51.600.000.000
Number of Shareholders
Jumlah Pemegang Saham
427
Overseas Investors
Investor Asing
39,7%
Local Investor
Investor Lokal
60,3%
MAJOR SHAREHOLDERS
PEMEGANG SAHAM UTAMA
TOTO Limited
37,9%
PT Suryaparamitra Abadi
25,0%
PT Multifortuna Asindo
29,5%
Public
Masyarakat
7,6%
12
Dear Shareholders,
13
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
MARDJOEKI ATMADIREDJA
President Commissioner
Presiden Komisaris
14
Dear Shareholders,
OVERVIEW 2015
TINJAUAN 2015
15
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
LAPORAN DIREKSI
CORPORATE ACTION
AKSI KORPORASI
16
17
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
18
HANAFI ATMADIREDJA
President Director
Presiden Direktur
19
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
20
COMPANY HISTORY
R I WAYAT P E R S E R O A N
The Company started its business by the name CV Surya, dealing in the sales of building materials,
particularly sanitary products. In 1968, this Company became the official sales agent of TOTO Ltd Japan, a
world leading brand of Sanitary products.
21
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Perseroan mengawali usahanya sebagai CV Surya, yang bergerak di bidang penjualan material bangunan,
terutama produk saniter. Di tahun 1968, Perseroan ini kemudian menjadi agen penjualan resmi TOTO Ltd
Jepang, sebuah merek produk saniter ternama di dunia.
IPO
IPO
22
Komitmen
Perseroan
untuk
senantiasa
meningkatkan kualitas dan profesionalitas usahanya
ini juga telah menghasilkan berbagai pengakuan
internasional, diantaranya; Sertifikat Japan Industrial
Standard (JIS), Malaysian Standard, Philipine
Standard, Australian Standard, serta lainnya. Selain
itu, berbagai sertifikasi di bidang manajemen
berhasil diraih oleh Perseroan seperti; Manajemen
Mutu ISO 9002 (1999) dan ISO 9001 (2002), serta
Manajemen Lingkungan ISO 14001 (2005).
23
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Sanitary:
Closet, lavatories, urinal, bidet etc.
Saniter:
Kloset, wastafel, urinal, bidet dan sebagainya.
Fittings:
Faucet, shower etc.
Fitting:
Kran, shower, dan sebagainya.
Kitchen System:
Kitchen system, wardrobe, vanity etc.
Kitchen System:
Peralatan sistem dapur, kabinet vanity dan
sebagainya.
Accessories:
Tissue holder, soap holder, towel hanger etc.
Aksesoris:
Tempat tissue, tempat sabun, gantungan
handuk dan sebagainya.
24
VISION
VISI
MISSION
MISI
VALUE
NILAI
25
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
ORGANISATION STRUCTURE
STRUKTUR ORGANISASI
Marketing Director
Juliawan Sari
Payroll Manager
Sintawati Saputra
Purchasing Manager
Hwamina Andy
ISD Manager
Sasyanto
EDP Manager
Lukman Sadli Chandra Putra
26
GMS
RUPS
President Commissioner
Mardjoeki Atmadiredja
Audit Committee
President Director
Hanafi Atmadiredja
Internal Audit
Fitting Director
Ferry Prajogo
KitchenGeneral Manager
GregoriusChristian Wijaya
P P I C Manager
Pin Hay
Accounting Manager
Teddy
Production Manager
Eddy
Designer
Mohdar Anwar
Accounting Manager
Lie Yulius Kurniawan
27
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
MILESTONES
JEJAK LANGKAH
1977
2002
Mendapatkan Sertifikat
Manajemen Mutu.
1981
2005
Mendapatkan Sertifikat
Manajemen Lingkungan.
1990
2006
1994
2008
Received Japanese
Certification.
Industrial
Standard
ISO
ISO
9001,
14001,
Sistem
Sistem
(JIS)
1999
2010
Mendapatkan Sertifikat
Manajemen Mutu.
ISO
9002,
Sistem
28
2012
2014
2013
2015
29
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
BOARDS OF COMMISSIONERS
D E WA N KO M I S A R I S
Mardjoeki Atmadiredja
President Commissioner,
The Companys founder, starting his trading business by being the
sole agent of TOTO products in Indonesia since 1968. Holding the
position as President Director since the Company was founded in
1977. Being the President Commissioner since 2013, currently also
holding the position of Chairman of the Advisory Board of Indonesia
Entrepreneurs Association of Tangerang area. Completing Senior
High School education in Surabaya in 1965.
Presiden Komisaris,
Pendiri Perseroan, mengawali usaha dagangnya dengan menjadi
agen tunggal produk-produk TOTO di Indonesia sejak tahun 1968.
Menduduki posisi sebagai Direktur Utama sejak Perseroan berdiri
pada tahun 1977. Menjadi Komisaris Utama sejak tahun 2013, saat
ini juga menjabat sebagai Ketua Dewan Penasehat Asosiasi Pengusaha
Indonesia wilayah Tangerang. Menyelesaikan pendidikan SMA di
Surabaya pada tahun 1965.
Kazuo Watanabe
Vice President Commissioner,
Joining TOTO Ltd since 1983, appointed as Vice President
Commissioner of the Company in 2015. Formerly holding the
position the Companys Director since 2009 and holding the
position as President of TOTO ASIA OCEANIA Pte Ltd, Singapore.
Completing education in law in Keio University, Japan in 1983 and
Boston University, United States of America in 1996 by the degree of
Master of Business Administration.
Wakil Presiden Komisaris,
Bergabung dengan TOTO Ltd sejak tahun 1983, diangkat sebagai
Wakil Presiden Komisaris pada tahun 2015. Sebelumnya pernah
menjabat sebagai Direktur Perseroan sejak tahun 2009 dan menjabat
sebagai President of TOTO ASIA OCEANIA Pte Ltd, Singapura.
Menyelesaikan pendidikan di bidang hukum di Universitas Keio,
Jepang pada tahun 1983. dan Universitas Boston di Amerika Serikat
pada tahun 1996 dengan gelar Master of Bussiness Administration.
30
Umarsono Andy
Commissioner,
Joining the Company in 1988 to 1993, holding the position of Export
Import Manager. Since 1993 running his own enterprise. Joining
the Company again in 2008, holding the position as Vice President
Commissioner until 2013. Currently holding the position as the
Companys Commissioner since 2013. Completing education in
Finance in California State University, United States of America in
1988.
Segara Utama
Independent Commissioner,
Joining the Company as Independent Commissioner in 2005
2008, then reappointed as Independent Commissioner since 2014.
Formerly holding the position as Member of the Companys Audit
Committee in 2012 2014. Having taken education in Accounting in
the Economy Faculty of Indonesia University, Jakarta in 1963.
Komisaris Independen,
Pernah bergabung dengan Perseroan sebagai Komisaris Independen
pada tahun 2005 - 2008, kemudian diangkat kembali sebagai Komisaris
Independen sejak tahun 2014. Sebelumnya menjabat sebagai Anggota
Komite Audit Perseroan sejak tahun 2012 - 2014. Pernah menempuh
pendidikan di bidang Akuntansi di Fakultas Ekonomi Universitas
Indonesia, Jakarta pada tahun 1963.
Achmad Kurniadi
Independent Commissioner,
Appointed as an Independent Commissioner in 2014. Formerly
holding the position as Vice Chairman of BKPM, Investment
Cooperation Division in 2010 - 2014. Completing education of MBA
in Yonsei University, Seoul South Korea Selatan in 1991.
Komisaris Independen,
Diangkat sebagai Komisaris Independen sejak tahun 2014. Sebelumnya
menjabat sebagai Wakil Ketua BKPM, Bidang Kerjasama Penanaman
Modal sejak tahun 2010 - 2014. Menyelesaikan pendidikan MBA di
Yonsei University, Seoul Korea Selatan pada tahun 1991.
31
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Komisaris,
Pernah bergabung dengan Perseroan pada tahun 1988 sampai dengan
tahun 1993, dan menjabat sebagai Manajer Ekspor Impor. Kemudian
berwiraswasta sejak tahun 1993. Kembali bergabung dengan
Perseroan pada tahun 2008 dan menjabat sebagai Wakil Presiden
Komisaris sampai dengan tahun 2013. Saat ini menjabat sebagai
Komisaris Perseroan sejak tahun 2013. Menyelesaikan pendidikan di
bidang Finance di California State University, Amerika Serikat pada
tahun 1988.
BOARD OF DIRECTORS
DIREKSI
Hanafi Atmadiredja
President Director,
Joined the Company in 2001 and was appointed as President
Director of the Company since 2013. Previously served as Director of
Marketing Planning in 2009 and as Manager of Marketing Planning
since 2004. He completed his education in the field of management at
Boston University, USA in 1999.
Presiden Direktur,
Bergabung dengan Perseroan pada tahun 2001 dan diangkat sebagai
Presiden Direktur Perseroan sejak tahun 2013. Sebelumnya pernah
menjabat sebagai Direktur Marketing Planning pada tahun 2009 dan
sebagai Manajer Marketing Planning sejak tahun 2004. Menyelesaikan
pendidikan di bidang manajemen di Boston University, Amerika
Serikat pada tahun 1999.
Yuji Inoue
Vice President Director,
Joining TOTO Limited, Japan since April 1985, appointed as the
Companys Vice President Director since June 2013. Completing
education in Industrial Mechanical Engineering in Nagoya Institute
of Technology, Japan in 1985
Wakil Presiden Direktur,
Bergabung dengan TOTO Limited, Jepang sejak April tahun 1985,
diangkat sebagai Wakil Presiden Direktur Perseroan sejak Juni
2013. Menyelesaikan pendidikan di bidang Industrial Mechanical
Engineering di Nagoya Institute of Technology, Jepang pada tahun
1985.
32
Benny Suryanto
Director of Sanitary Factory,
Joining the Company since the Company establishment in 1977,
appointed as the Companys Director of Sanitary Factory since 1981
until now. Completing education of Senior High School in Surabaya
in 1972.
Direktur Pabrik Saniter,
Bergabung dengan Perseroan sejak Perseroan berdiri pada tahun
1977, diangkat sebagai Direktur Pabrik Saniter Perseroan sejak tahun
1981 hingga sekarang. Menyelesaikan pendidikan SMA di Surabaya
pada tahun 1972.
Juliawan Sari
Marketing Director,
Joining the Company in 1992, appointed as the Companys Director
since 1999. Completing education in Electronic Engineering in
Maranatha Christian University, Bandung in 1991.
Direktur Pemasaran,
Bergabung dengan Perseroan pada tahun 1992, diangkat sebagai
Direktur Perseroan sejak tahun 1999 hingga sekarang. Menyelesaikan
pendidikan di bidang Teknik Elektro di Universitas Kristen
Maranatha, Bandung pada tahun 1991.
33
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Yutaka Hirota
Sanitary Wares Technical Director,
Joining TOTO Ltd since April 1981, appointed as the Companys
Director since 2013 until now. Completing education in Engineering
in Shiga Prefectural Hikone Technical High School, Japan in 1981.
Ferry Prajogo
Fitting Operational Director,
Joining the Company since 1994, appointed as the Companys
Director since 2005 until now. Completing Education in Engineering
Science in Toronto University, Canada in 1992.
Direktur operasional Fitting,
Bergabung dengan Perseroan sejak tahun 1994, diangkat sebagai Direktur
Perseroan sejak tahun 2005 hingga sekarang. Menyelesaikan pendidikan
di bidang Engineering Science di Universitas Toronto, Kanada pada tahun
1992.
Anton Budiman
Industrial Relation Director,
Joining the Company since 2012, appointed as the Companys
Director since June 2013. Starting his career from 1973 to 1993 as
head of factory up to President Director in PT Danto Indonesia. In
1995, serving concurrently as Director in PT Doulton Multifortuna.
From 1998 till now serving concurrently as President Director of PT
Dian Surya Global. Completing education of Senior High School in
Surabaya in 1975.
Direktur Relasi Industri,
Bergabung dengan Perseroan sejak tahun 2012, diangkat sebagai Direktur
Perseroan sejak Juni 2013. Mengawali karirnya mulai tahun 1973 sampai
dengan tahun 1993 sebagai kepala pabrik hingga Presiden Direktur di
PT Danto Indonesia. Pada tahun 1995, merangkap sebagai Direktur di
PT Doulton Multifortuna. Sejak tahun 1998 hingga sekarang merangkap
sebagai Presiden Direktur PT Dian surya Global. Menyelesaikan
pendidikan SMA di Surabaya pada tahun 1975.
34
Hiroshi Tanie
Export Marketing Director,
Joining TOTO Ltd since 1980, appointed as the Companys Director
since 2007. Formerly holding the position as Vice President in TOTO
Sanitary factory in the Philippine. Completing education in Polymer
Chemistry in Tokyo Institute of Technology, Japan in 1990.
Yasuo Izuishi
Export Marketing Directors,
Join the TOTO Ltd since 1988, was appointed as a Director of the
Company since 2015. He has served as Executive Vice President of
TOTO Oceania PTE. Ltd, in Singapore today. Starting a Business in
the field of education Kobe University, Japan in 1984 and graduated
in 1988.
Direktur Pemasaran Ekspor,
Bergabung dengan TOTO Ltd sejak tahun 1988, diangkat sebagai
Direktur Perseroan sejak tahun 2015. Menjabat sebagai Executive
Vice President of TOTO Oceania Pte. Ltd, di Singapore hingga saat ini.
Memulai pendidikan bidang Bisnis di Kobe University, Jepang pada
tahun 1984 dan lulus pada tahun 1988.
Fauzie Munir
Independent Director,
Appointed as the Companys Independent Director since 2014.
Formerly holding the position as Head of Tax Service office (KPP)
in Jakarta in 1994 until 1999, and as Head of General Division of
Area office IV of Directorate General of Tax in Jakarta until 2000.
Completing education in Fiscal Administration in Universite de Paris
Dauphine, France in 1984.
Direktur Independen,
Diangkat sebagai Direktur Independen Perseroan sejak tahun 2014.
Sebelumnya menjabat sebagai Kepala Kantor Pelayanan Pajak (KPP)
di Jakarta pada tahun 1994 sampai dengan tahun 1999, serta sebagai
Kepala Bagian Umum Kantor Wilayah IV Direktorat Jenderal Pajak
di Jakarta sampai dengan tahun 2000. Menyelesaikan pendidikan di
bidang Administrasi Fiskal di Universite de Paris Dauphine, Perancis
pada tahun 1984.
35
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
HUMAN RESOURCES
S U M B E R D AYA M A N U S I A
36
37
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
38
A. ACCORDING TO POSITION
2011
31 December / 31 Desember
2012
2013
2014
2015
Commissioners
Komisaris
34
Directors
Direksi
10
10
11
11
Managers
Manajer
66
75
76
80
86
Supervisors
Supervisor
350
346
353
378
400
Staff
Staf
3.688
3.766
3.772
4.212
4.498
Total
Jumlah
4.116
4.201
4.215
4.686
5.000
39
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Title
Jabatan
B. ACCORDING TO EDUCATION :
Education
Pendidikan
Postgraduate
Pasca Sarjana
2011
2015
10
14
Undergraduate
Sarjana
325
288
314
326
435
Diploma
Diploma
25
26
27
26
30
3.709
3.802
3.789
4.246
4.481
35
34
34
34
34
Elementary
SD
13
45
44
44
4.116
4.201
4.215
4.686
5.000
Total
Jumlah
C. ACCORDING TO AGE
Age
Usia
2011
31 December / 31 Desember
2012
2013
2014
2015
Above 50 years
50 tahun ke atas
60
69
93
120
174
42 - 49 years
42 - 49 tahun
694
838
994
1.107
1.025
34 - 41 years
34 - 41 tahun
1.404
1.337
1.216
1.124
960
26 - 33 years
26 - 33 tahun
1.181
1.411
1.511
1.822
782
18 - 25 years
18 - 25 tahun
777
546
401
153
2.059
4.116
4.201
4.215
4.686
5.000
Total
Jumlah
40
2011
31 December / 31 Desember
2012
2013
2014
2015
Permanent
Tetap
2.816
2.854
3.126
3.831
3.977
Non Pemanent
Tidak Tetap
1.300
1.347
1.089
855
1.023
Total
Jumlah
4.116
4.201
4.215
4.686
5.000
Status
Status
41
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
42
43
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
44
Date of Listing
Shares of Listing
Tanggal Pencatatan Pencatatan Saham
Share Addition/Reduction
Penambahan/Pengurangan Saham
IPO
IPO
21,500,000
21,500,000
Bonus Shares (5 : 1)
Saham Bonus (5 : 1)
4,300,000
25,800,000
Bonus Shares (5 : 1)
Saham Bonus (5 : 1)
5,160,000
30,960,000
18,576,000
49,536,000
August 9, 2012
9 Agustus 2012
445,824,000
495,360,000
Stock Split (1 : 2)
Stock Split (1 : 2)
495,360,000
990,720,000
July 8, 2015
8 Juli 2015
LPO/Right Issue
PUT/Right Issue
41,280,000
1,032,000,000
45
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
TOTO LIMITED
37,90%
PT MULTIFORTUNA ASINDO
29,46%
PUBLIC
7,64%
ASSOCIATES
E N T I TA S A S O S I A S I
ASSOCIATES
ENTITAS ASOSIASI
46
PT BSR Indonesia
Komplek Perkantoran ITC Roxy Mas
Blok E1, No. 10-11
Jl. KH Hasyim Ashari, Jakarta 10150, Indonesia
Tel. : (62-21) 631-7828
Fax : (62-21) 631-7827
Email : bsr@bhakti_investama.com
SHARE REGISTRAR
BIRO ADMINISTRASI EFEK
BANKS
BANK
CORPORATE SECRETARY
SEKRETARIS PERSEROAN
47
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
PUBLIC ACCOUNTANTS
AKUNTAN PUBLIK
Best of the Best Awards as the best of the Company 50th year 2015
from Forbes Magazine Indonesia
48
Customer Satisfication Indonesian Award (ICSA) in a row from 2005 s.d. 2015
Best of the Best Awards as the best of the Company 50 in 2014 and 2015
Penghargaan sebagai Perusahaan dengan kecelakaan kerja Nihil tingkat Provinsi Banten Tahun 2015
Penghargaan sebagai Perusahaan dengan kecelakaan kerja nihil tingkat Kota Tangerang Selatan Tahun
2015
Penghargaan sebagai Pemenang Juara Harapan II Lomba Cepat Tepat Norma Ketenagakerjaan Tingkat
Provinsi Banten Tahun 2015
Investment Choice Awards 2014 as the Companys Environmental Management and Implementing best
K3
Menerima penghargaan Kecelakaan Nihil dari Kementerian Tenaga Kerja dan Transmigrasi Republik
Indonesia tahun 2011-2014
Architects Choice Award (Sanitary Ware) 2014
Architects Choice Award (Faucets, Taps & Showerheads) 2014
Penghargaan K3 nihil tingkat Propinsi Banten Tahun 2011
Zero Accident Award (Zero Accident) At the National Level in 2011
Indonesias Most Admired Companies Award (IMAC Award) 2006-2009
Top Brand Award 2005-2007
Penghargaan Dalam Penerapan Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3).
Top Choice Company Performance In Environmental Management
TrophyI (Gold) and Trophy Presenter Best Quality Convention In the event all 27 Ka-Regency,
Tangerang
49
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
2
MANAGEMENT ANALYSIS
AND DISCUSSION
ANALISIS DAN DISKUSI MANAJEMEN
52
BUSINESS REVIEW
TINJAUAN USAHA
SALES CHART
DIAGRAM PENJUALAN
Million
Juta
(Rp)
Export
Ekspor
Local
Lokal
2015
2014
Million
Juta
(Rp)
635.349
28%
491.778
24%
1.643.325
72%
1.561.852
76%
2015
2014
EXPORT
24%
EXPORT
28%
LOCAL
76%
LOCAL
72%
Local
Export
NET SALES BY PRODUCT SEGMENT
53
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Destination
Tujuan
Sanitary
Saniter
Kitchen System
Electrical Appliances
Peralatan Sistem Dapur
and Accessories
Peralatan Elektronik
dan Aksesoris
Fittings
Fitting
Total
288.630
700.440
989.070
338.297
892.925
1.231.222
8.005
40.839
48.844
417
9.121
9.538
635.349
1.643.325
2.278.674
190.672
553.296
743.968
231.645
673.041
904.686
9.429
43.810
53.239
269
6.412
6.681
432.015
1.276.559
1.708.574
97.958
147.145
245.103
106.652
219.883
326.535
(1.424)
(2.971)
(4.395)
148
2.709
2.857
203.334
366.766
570.100
225.609
642.452
868.061
259.200
886.700
1.145.900
5.934
24.870
30.804
1.035
7.830
8.865
491.778
1.561.852
2.053.630
175.965
499.747
675.712
161.266
629.736
791.002
9.419
40.339
49.758
428
5.696
6.124
347.078
1.175.518
1.522.596
49.644
142.706
192.350
97.934
256.963
354.897
(3.485)
(15.470)
(18.955)
608
2.134
2.742
144.701
386.333
531.034
54
STATEMENT OF INCOME
LABA RUGI
Net Sales
Sales in the year 2015 amounts to Rp2,278,674
million, increase of 11.0% compared to last
year; consisting of Local sales which amounts to
Rp1,643,325 million, increase of 5.2% compared
to last year and Export sales which amounts to
Rp635,349 million, increase of 29.2% compared to
last year. Local sales contributes 72.12% of the total
Sales.
Penjualan Bersih
Penjualan pada tahun 2015 sebesar Rp2.278.674
juta meningkat sebesar 11,0% dibandingkan
tahun lalu yang terdiri dari; penjualan lokal
sebesar Rp1.643.325 juta meningkat sebesar
5,2% dibandingkan tahun lalu dan penjualan
ekspor sebesar Rp635.349 juta meningkat sebesar
29,2% dibandingkan tahun lalu. Penjualan lokal
memberikan kontribusi 72,12% dari total penjualan.
55
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
A N A L I S I S K I N E R J A K E U A N G A N KO M P R E H E N S I F
Million (Rp)
Jutaan (Rp)
2015
2014
Net Sales
Penjualan Bersih
2.278.674
2.053.630
11,0%
(1.708.574)
(1.522.596)
12,2%
570.100
531.034
7,4%
(174.381)
(137.358)
27,0%
395.719
393.676
0,5%
Financial Income/(Cost)
Pendapatan Keuangan/(Biaya)
(14.145)
(9.050)
56,3%
(96.337)
(88.765)
8,5%
285.237
295.861
(3,6%)
337.988
241.893
39,73%
282
299
(5,69%)
13.795
12.440
10,9%
56
Aset Lancar
Aset lancar Perseroan sebesar Rp1.348.063 juta
meningkat sebesar 20,9% dibandingkan tahun lalu.
Peningkatan aset lancar sebagian besar disebabkan
oleh peningkatan kas dan setara kas sebesar
98,7%, peningkatan persediaan sebesar 33,4%
dan peningkatan piutang lain-lain kepada pihak
berelasi sebesar 29,3%. Rasio lancar adalah 240,67%
meningkat sebesar 29,82% dibandingkan tahun
lalu.
Non-current Assets
Non-current assets of the Company amounts to
Rp1,091,478 million, increase of 15.2% compared to
last year. This is mainly from an addition of other
non current assets in the year 2015 compared to
last year addition. Other non current assets has
increased 126.5% compared to last year, mainly
from advance payments of investments.
Current Liabilities
Current liabilities of the Company amounts to
Rp560,119 million, increase of 5.9% compared to
last year. This is mainly from an increase of short
term borrowing of 29.6% an increase of obligations
under finance lease current liabilities of 68.5% and
an increase of other current liabilities of 90.1%. The
increase of other current liabilities is mainly from
an addition of advance received from customer.
Non-current Liabilities
Non-current liabilities of the Company amounts to
Rp387,879 million, decrease of 4.9% compared to
last year. This is due to the decreasing of long term
employee benefits liability.
Equity
Equity of the Company amounts to Rp1,491,543
million, increase of 32.5% compared to last year.
This is due to the increasing of share capital, the
increasing of additional paid in capital, and the
increasing of retained earnings.
Ekuitas
Ekuitas Perseroan sebesar Rp1.491.543 juta
meningkat 32,5% dibandingkan tahun lalu. Hal
ini disebabkan oleh meningkatnya modal saham,
meningkatnya tambahan modal disetor, dan
meningkatnya saldo laba.
Cash Flows
Increase of Cash and cash equivalents amounts to
Rp82,965 million compared to last year; consisting
of net cash provided by operating activities amounts
to Rp240,629 million, net cash used in investing
activities amounts to Rp226,165 million, and net
cash provided by financing activities amounts to
Rp68,501 million.
Arus Kas
Peningkatan kas dan setara kas sebesar Rp82.965
juta dibandingkan tahun lalu yang terdiri dari arus
kas yang diperoleh dari aktivitas operasi sebesar
Rp240.629 juta, arus kas yang digunakan untuk
aktivitas investasi sebesar Rp226.165 juta, dan arus
kas yang diperoleh dari aktivitas pendanaan sebesar
Rp68.501 juta.
57
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Current Assets
Current assets of the Company amounts to
Rp1,348,063 million, increase of 20.9% compared to
last year. The increasing of Current assets is mainly
from an increase of cash and cash equivalents of
98.7%, an increase of inventory of 33.4%, and an
increase of other receivables related party of 29.3%.
Current ratio is 240.67%, increase of 29.82% of the
current assets compared to last year.
Million (Rp)
Jutaan (Rp)
2015
2014
Current Assets
Aset Lancar
1.348.063
1.115.004
20,9%
Non-Current Assets
Aset Tidak Lancar
1.091.478
947.383
15,2%
Total Assets
Total Aset
2.439.541
2.062.387
18,3%
Current Liabilities
Liabilitas Jangka Pendek
560.119
528.815
5,9%
Non-Current Liabilities
Liabilitas Jangka Panjang
387.879
407.674
(4,9%)
Total Liabilities
Total Liabilitas
947.998
936.489
1,2%
Equity
Ekuitas
1.491.543
1.125.898
32,5%
2.439.541
2.062.387
18,3%
58
CAPITAL STRUCTURE
STRUKTUR PERMODALAN
Million (Rp)
Jutaan (Rp)
2014
Current Liabilities
Liabilitas Jangka Pendek
560.119
528.815
5,9%
Non-Current Liabilities
Liabilitas Jangka Panjang
387.879
407.674
(4,9%)
Total Liabilities
Total Liabilitas
947.998
936.489
1,2%
Equity
Ekuitas
1.491.543
1.125.898
32,5%
2.439.541
2.062.387
18,3%
IKATAN MATERIAL
BARANG MODAL
59
UNTUK
INVESTASI
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
THE CAPITAL
STRUCTURE
OF THE
COMPANY AS OF DECEMBER 31, 2015 ARE AS
FOLLOWS:
BUSINESS PROSPECTS
PROSPEK USAHA
Parallel to the increase of peoples standard of living,
as many people wish to have appropriate housing,
the Company believes that it has a good prospect
in the future. Furthermore, as people begin to be
aware of good sanitation and more hygienic way
of living, it will give impact to the sale increase of
the Companys products. However, this should be
supported by the government policy in economy
directing to economic progress.
60
ASPEK PEMASARAN
Untuk
kendala
pemasaran yang
perlu
dipertimbangkan adalah gencarnya produk-produk
impor sejenis di Indonesia. Terutama, produk
dari China dimana kualitas produk mereka sangat
rendah dan memiliki harga yang sangat murah.
Karena itu, Perseroan memandang perlu untuk
menerapkan beberapa strategi dalam pemasaran
sebagai berikut:
Strategi produk:
menciptakan produkproduk yang berkualitas tinggi serta tidak
membahayakan kesehatan manusia.
Strategi distribusi: menjangkau distribusi
sampai ke seluruh agen yang berada di seluruh
Indonesia.
Strategi marketing: berinovasi menciptakan
produk yang dapat diterima di setiap lapisan
masyarakat.
Strategi jangka pendek: meningkatkan
penjualan di semua segmen pasar.
Strategi jangka menengah: menciptakan
produk-produk inovatif berkualitas dengan
harga terjangkau untuk pasar tingkat ekonomi
rendah dan menengah.
Strategi jangka panjang: mengarahkan
perubahan kebutuhan kloset jongkok di
masyarakat tingkat ekonomi rendah menjadi
kebutuhan kloset duduk berkualitas dan harga
terjangkau.
61
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
MARKETING ASPECT
Domestic Marketing
The marketing of all the Companys products
is entrusted to PT Surya Pertiwi, a national private
Company having had experience in marketing
Sanitary goods for over 40 years. The means
possessed, like experienced marketing staff, very
adequate warehouse and transport fleet, plus 14
sales agents supported by over 600 local distributors
in all big cities of each province, it is a guarantee for
the marketing development now and in the future.
International Marketing
The marketing is conducted by 11 Agents overseas
by exporting Sanitary goods, Fittings, and Kitchen
System products. Today, the Companys marketing
has reached over 30 main countries of destination
in Asia, Europe, America, Middle East etc. So far
the rapid export development is not only due to
the well-organized marketing network, but also due
to the quality of goods well known of having met
international standards and due to the production
brand alone.
62
Marketing Development
The Companys sales during 2015 increased, this
was due to the improving economic situation in
Indonesia as well as the increasing demand in
property. The detailed sales during 2015 are as
follows:
Local Sales of Rp1,643,325 million, increasing
5.2% from the preceding year.
Local Sales
Penjualan Lokal
2015
2014
2013
2012
2011
Sanitary
Saniter
Million (Rp)
Jutaan (Rp)
700.441
642.452
583.203
512.424
486.851
Fittings
Fitting
Million (Rp)
Jutaan (Rp)
892.925
886.700
739.671
681.153
471.810
Kitchen System
Peralatan Sistem Dapur
Million (Rp)
Jutaan (Rp)
40.839
24.870
19.351
35.759
16.313
9.120
7.830
5.930
6.377
974.974
Total Value
Nilai Total
Million (Rp)
Jutaan (Rp)
Export Sales
Penjualan Ekspor
2015
2014
2013
2012
2011
Sanitary
Saniter
Million (Rp)
Jutaan (Rp)
288.629
225.609
167.233
167.110
182.323
Fittings
Fitting
Million (Rp)
Jutaan (Rp)
338.297
259.200
188.200
160.758
180.598
Kitchen System
Peralatan Sistem Dapur
Million (Rp)
Jutaan (Rp)
8.005
5.934
7.094
12.773
4.031
418
1.036
624
409
635.349
491.779
363.151
341.050
366.952
Total Value
Nilai Total
Million (Rp)
Jutaan (Rp)
63
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Perkembangan Pemasaran
Penjualan Perseroan selama tahun 2015 mengalami
peningkatan, hal ini dikarenakan membaiknya
situasi perekonomian di Indonesia dan juga
meningkatnya permintaan di sektor properti.
Adapun rincian penjualan selama tahun 2015
adalah sebagai berikut:
Penjualan Lokal sebesar Rp1.643.325 juta,
meningkat sebesar 5,2% dibandingkan tahun
lalu.
Penjualan Ekspor sebesar Rp639.349 juta,
meningkat sebesar 29,2% dibandingkan tahun
lalu.
LOCAL SALES
PENJUALAN LOKAL
1.700.000
1.600.000
1.500.000
1.400.000
1.300.000
1.200.000
1.100.000
1.000.000
900.000
800.000
700.000
600.000
500.000
400.000
300.000
200.000
100.000
0
2015
2014
2013
2012
2011
700.441
892.925
40.839
9.120
642.452
886.700
24.870
7.830
583.203
739.671
19.351
5.930
512.424
681.153
35.759
6.377
486.851
471.810
16.313
-
1.643.325
1.561.852
1.348.155
1.235.713
974.974
Sanitary
Fitting
Kitchen
64
Electrical
Appliances and
Accessories
Total Value
EXPORT SALES
PENJUALAN EKSPOR
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
700.000
600.000
500.000
400.000
300.000
200.000
100.000
0
Sanitary
2015
2014
2013
2012
2011
288.629
338.297
8.005
418
225.609
259.200
5.934
1.036
167.233
188.200
7.094
624
167.110
160.758
12.773
409
182.323
180.598
4.031
-
635.349
491.779
363.151
341.050
366.952
Fitting
Kitchen
65
Electrical
Appliances and
Accessories
Total Value
DIVIDEND POLICY
KEBIJAKAN DIVIDEN
No.
Fiscal Year
Tahun
Date
Tanggal
2011
January 5, 2012
Dividend/Shares
Jumlah Deviden
(Rp)
1.000
Number of Shares
Jumlah Saham
(Lembar)
49,536,000
Dividend Amount
Jumlah Deviden
(Rp)
49.536.000.000
2011
1.000
49,536,000
49.536.000.000
2012
100
495,360,000
49.536.000.000
2012
100
495,360,000
49.536.000.000
2013
100
495,360,000
49.536.000.000
2013
100
495,360,000
49.536.000.000
2014
50
990,720,000
49.536.000.000
2015
70
990,720,000
69.350.400.000
2015
50
1,032,000,000
51.600.000.000
66
SIGNIFICANT INFORMATION
INVESTMENTS IN ASSOCIATES
Description
Keterangan
Authorized Capital
Modal Dasar
15,000
15,000
15.000.000.000
15.000.000.000
50
50
30,000
30.000.000.000
100
Portfolio
Portepel
90,000
90.000.000.000
67
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
I N F O R M A S I M AT E R I A L
Berdasarkan Akta
Pendirian SPN, struktur
permodalan dan susunan pemegang saham SPN
adalah sebagai berikut:
Description
Keterangan
Authorized Capital
Modal Dasar
12,250
12,750
12.250.000.000
12.750.000.000
49
51
25,000
25.000.000.000
100
Portfolio
Portepel
75,000
75.000.000.000
68
Shareholders
Pemegang Saham
PT Surya Pertiwi
Entity controlled and significantly Trade receivables, other receivables and sales.
influenced by the same party.
Piutang usaha, piutang lain-lain dan
Entitas di bawah pengendalian penjualan.
dan pengaruh signifikan oleh
pihak yang sama.
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
69
Related Parties
Pihak-pihak Berelasi
W. Atelier Sdn., Bhd
Relationship
Hubungan
Investment
Investasi
Associates
Entitas Asosiasi
Investment
Investasi
Senior Management
Manajemen Senior
PERUBAHAN
UNDANGAN
PERUBAHAN
KEBIJAKAN
AKUNTANSI,
ALASAN DAN DAMPAKNYA TERHADAP
LAPORAN KEUANGAN
70
PERATURAN
PERUNDANG-
71
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
3
CORPORATE GOVERNANCE
TATA K E LO L A P E R S E R O A N
The practice based upon the principle of Good Corporate Governance basically is an effort to make such
practice a norm and guidance for the management of the Company in the operation of business activities and
in the protection of stakeholders and the Company from possibilities of conflict of interest. Good Corporate
Governance is expected to become a method to achieve the long term vision, value, mission and objectives of
the Company for a better prosperity to all interested parties.
Praktik berdasarkan prinsip tata kelola Perseroan yang baik pada dasarnya merupakan suatu upaya untuk
dijadikan sebagai kaidah dan pedoman bagi pengelola Perseroan dalam menjalankan aktivitas bisnis serta
melindungi stakeholder dan Perseroan dari kemungkinan terjadinya benturan kepentingan. Tata kelola
Perseroan yang baik diharapkan dapat menjadi sarana untuk mencapai visi, nilai, misi dan tujuan jangka
panjang Perseroan bagi kesejahteraan semua pihak yang berkepentingan secara lebih baik.
74
75
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
76
77
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
78
79
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
Resolutions
Resolusi
ANNUAL GMOS
RUPS TAHUNAN
2a
80
Realization
Realisasi
Complete
Sudah
Complete
Sudah
Resolutions
Resolusi
ANNUAL GMOS
RUPS TAHUNAN
2b
3a
3b
Board of Commissioners
Dewan Komisaris
President Commissioner:
Mr. MARDJOEKI ATMADIREDJA
Presiden Komisaris:
Bapak MARDJOEKI ATMADIREDJA
Commissioner:
Mr. UMARSONO ANDY
Komisaris:
Bapak UMARSONO ANDY
Commissioner (Independent):
Mr. SEGARA UTAMA
Komisaris (Independen):
Bapak SEGARA UTAMA
Commissioner (Independent):
Mr. ACHMAD KURNIADI
Komisaris (Independen):
Bapak ACHMAD KURNIADI
81
Realization
Realisasi
Complete
Sudah
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
Complete
Sudah
No.
3c
Resolutions
Resolusi
ANNUAL GMOS
RUPS TAHUNAN
Board of Directors
Direksi
President Director:
Mr. HANAFI ATMADIREDJA
Presiden Direktur:
Bapak HANAFI TMADIREDJA
Director:
Mr. BENNY SURYANTO
Direktur:
Bapak BENNY SURYANTO
Director:
Mr. JULIAWAN SARI
Direktur:
Bapak JULIAWAN SARI
Director:
Mr. YUTAKA HIROTA
Direktur:
Bapak YUTAKA HIROTA
Director:
Mr. FERRY PRAJOGO
Direktur:
Bapak FERRY PRAJOGO
Director:
Mr. SETIA BUDI PURWADI
Direktur:
Bapak SETIA BUDI PURWADI
Director:
Mr. YASUO IZUISHI
Direktur:
Bapak YASUO IZUISHI
Director:
Mr. HIROSHI TANIE
Direktur:
Bapak HIROSHI TANIE
Director:
Mr. ANTON BUDIMAN
Direktur:
Bapak ANTON BUDIMAN
Director Independent:
Mr. FAUZIE MUNIR
Direktur Independen:
Bapak FAUZIE MUNIR
82
Realization
Realisasi
Complete
Sudah
Complete
Sudah
Resolutions
Resolusi
ANNUAL GMOS
RUPS TAHUNAN
Determine
the
salary
and/or
remuneration for the Companys Board
of Commissioners for 2015 financial year,
at maximum amount of Rp5,556,000,000
(five billion five hundred and fifty six
million Rupiah) per year, and give
authority to the President Commissioner
to determine its allocation.
4b
II
1a
1b
Menyetujui
untuk
memberikan
wewenang dan kuasa kepada Direksi
Perseroan, dengan hak substitusi, untuk
melakukan segala dan setiap tindakan
yang diperlukan sehubungan dengan
keputusan tersebut, termasuk tetapi
tidak terbatas untuk membuat atau
meminta untuk dibuatkan,menuangkan/
menyatakan keputusan tersebut dalam
akta-akta yang dibuat dihadapan Notaris,
untuk mengubah dan/atau menyusun
kembali seluruh ketentuan Anggaran
Dasar Perseroan sesuai keputusan
tersebut (termasuk menegaskan susunan
pemegang saham dalam akta tersebut
bilamana diperlukan),
4a
83
Realization
Realisasi
Complete
Sudah
Complete
Sudah
Complete
Sudah
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
No.
2a
2b
Resolutions
Resolusi
THE EXTRAORDINARY GMOS
84
Realization
Realisasi
Complete
Sudah
Complete
Sudah
Resolutions
Resolusi
THE EXTRAORDINARY GMOS
3a
3b
85
Realization
Realisasi
Complete
Sudah
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
Complete
Sudah
BOARD OF COMMISSIONERS
D E WA N KO M I S A R I S
PEDOMAN
KOMISARIS
86
KERJA
(CHARTER)
DEWAN
COMPOSITION OF
COMMISSIONERS
THE
BOARD
OF
87
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
MEETINGS
OF
COMMISSIONERS
THE
BOARD
OF
88
No.
Name
Nama
Mardjoeki Atmadiredja
President Commissioner
Presiden Komisaris
100%
Kazuo Watanabe
100%
Umarsono Andy
Commissioner
Komisaris
100%
Segara Utama
Independent Commissioner
Komisaris Independen
100%
Achmad Kurniadi
Independent Commissioner
Komisaris Independen
100%
Title
Jabatan
INDEPENDENSI KOMISARIS
89
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
BOARD OF DIRECTORS
DIREKSI
90
dan
pendelegasian
wewenang
91
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
OF
THE
Memelihara
dan
mengurus
kekayaan
Perseroan;
Menyediakan
strategi
dan
rencana
pengembangan Perseroan yang dituangkan
dalam Rencana Jangka Panjang Perseroan,
Rencana Kerja dan Anggaran Tahunan
Perseroan serta rencana lainnya yang
berhubungan dengan pelaksanaan usaha dan
operasional Perseroan serta menyampaikan
kepada Dewan Komisaris untuk mendapat
pengesahan;
Mengelola Perseroan dengan prinsip tata kelola
Perseroan yang baik;
Melaksanakan
strategi
dan
rencana
pengembangan Perseroan melalui kegiatan
operasional yang terbaik (operational excellent);
Menyelenggarakan
sistem
pengendalian
internal yang terpadu dan efektif.
92
Presiden Direktur
93
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Direktur Operasional
Direktur Keuangan
Menyiapkan laporan keuangan sesuai prinsipprinsip akuntansi yang berlaku dan peraturan
yang terkait;
94
Direktur Pemasaran
Perform strategic
Divisions;
among
coordination
Direktur Teknikal
Mengkoordinasi,
mangatur,
memberi
pengarahan
dan
mengawasi
kegiatan
pelaksanaan tugas-tugas divisi yang ada
dibawahnya, sehingga berjalan lancar;
95
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Mengusahakan
secara
terus-menerus
peningkatan efektifitas dan efisiensi produksi,
perawatan dan perbaikan seluruh alat dan
perlengkapan pabrik, mutu produk yang
dihasilkan agar sesuai standar serta pelayanan
kepada masyarakat;
Direktur Independen
RAPAT DIREKSI
96
Title
Jabatan
11
92%
Yuji Inoue
10
83%
Benny Suryanto
12
100%
Yutaka Hirota
11
92%
Juliawan Sari
Marketing Director
Direktur Marketing
12
100%
Ferry Prajogo
12
100%
Finance Director
Direkur Keuangan
12
100%
Yasuo Izuishi *)
Marketing Director
Direktur Pemasaran
58%
Anton Budiman
11
92%
10
Hiroshi Tanie
Marketing Director
Direktur Pemasaran
11
92%
11
Fauzie Munir
Independent Director
Direktur Independen
11
92%
97
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
MEETINGS
OF
THE
BOARD
OF
COMMISSIONERS AND THE BOARD OF
DIRECTORS
PENGEMBANGAN DIREKSI
98
REMUNERASI
DIREKSI
DEWAN
KOMISARIS
DAN
Salary
Gaji
Bonus
Bonus
Other Allowances
Tunjangan Lainnya
Rp16.358.006.934
Rp2.596.150.297
Rp1.112.493.779
Rp2.491.428.157
Honorarium
Honorarium
Other Appreciation
Penghargaan Lainnya
Rp5.386.000.000
Rp2.105.904.761
EVALUATION
ON
THE
BOARD
OF
COMMISSIONERS AND THE BOARD OF
DIRECTORS
99
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Ownership,
Managementand
Supervising
Relationship of the Companyand Its Daughter
Companies with Corporate Form Shareholders.
Hubungan
Kepemilikan,
Pengurusan
dan
Pengawasan Perseroan serta Anak Perseroan dengan
Pemegang Saham Berbentuk Badan Hukum.
TLJ
MFA
SPA
SGP
SPN
TLJ
MFA
SPA
SGP
SPN
100
101
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Name
The Company
Mardjoeki Atmadiredja
Kazuo Watanabe
Umarsono Andy
Segara Utama
Achmad Kurniadi
Hanafi Atmadiredja
Yuji Inoue
Benny Suryanto
Juliawan Sari
Yutaka Hirota
Ferry Prajogo
Setia Budi Purwadi
Yasuo Izuishi
Hiroshi Tanie
Anton Budiman
Fauzie Munir
Kunio Harimoto
PC
VPC
C
IC
IC
PD
VPD
D
D
D
D
D
D
D
D
ID
Madoka Kitamura
Tatsuhiko Saruwatari
Kiyoshi Furube
Shunji Yamada
Noriaki Kiyota
Nozomu Morimura
Souichi Abe
Yuuichi Narukiyo
Ryosuke Hayashi
Kazuhiko Masuda
Hiroki Ogawa
Satoshi Miyazaki
Motohiro Oniki
Masamichi Takemoto
Akira Katayanagi
Efendy Gojali
Tjahjono Alim
Anny Goemoeljo
Usman Andy
TLJ
MFA
SPA
PC
D
SPN
SGP
PC
PC
PD
D
D
C
PD
C
PD
D
Representative Director,
Chairman of the Board
President Representative Director
Representative Director,
Executive Vice President
Representative Director,
Executive Vice President
Director Senior Managing
Executive officer
Director Senior Managing Executive Officer
Director Managing Executive Officer
Director Managing Executive Officer
Director Managing Executive Officer
Director Managing Executive Officer
Outside Director
Outside Director
Audit & Supervisory Board Member Standing
Audit & Supervisory Board Member Standing
Audit & Supervisory Board Member Outside
Audit & Supervisory Board Member Outside
C
C
PC
PD
Notes: PD: President Director, VPD: Vice President Director, D: Director, ID: Independent Director, PC: President Commissioner,
VPC: Vice President Commissioner, C: Commissioner, IC: Independent Commissioner
102
Mardjoeki Atmadiredja
Kazuo Watanabe
Umarsono Andy
Segara Utama
Achmad Kurniadi
Hanafi Atmadiredja
Yuji Inoue
Benny Suryanto
Juliawan Sari
Yutaka Hirota
Ferry Prajogo
Setia Budi Purwadi
Yasuo Izuishi
Hiroshi Tanie
Anton Budiman
Fauzie Munir
Kunio Harimoto
Perseroan
TLJ
MFA
SPA
KU
PK
WPK
K
KI
KI
PD
WPD
D
D
D
D
D
D
D
D
DI
SPN
SGP
PK
PK
DU
D
D
K
PD
D
RD, CH
Madoka Kitamura
Tatsuhiko Saruwatari
PRD
RD, EVP
Kiyoshi Furube
RD, EVP
Shunji Yamada
DSE
Noriaki Kiyota
Nozomu Morimura
Souichi Abe
Yuuichi Narukiyo
Ryosuke Hayashi
Kazuhiko Masuda
Hiroki Ogawa
Satoshi Miyazaki
Motohiro Oniki
Masamichi Takemoto
Akira Katayanagi
Efendy Gojali
Tjahjono Alim
Anny Goemoeljo
Usman Andy
DSE
DE
DE
DE
DE
Outside Director
Outside Director
A
A
AO
AO
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Nama
K
K
KU
DU
PD
Catatan:
DU: Direktur Utama, D: Direktur, DI: Direktur Independen, KU: Komisaris Utama, K: Komisaris, KI: Komisaris Independen, PD:
Presiden Direktur, PK: Presiden Komisaris, WPD: Wakil Presiden Direktur, WPK: Wakil Presiden Komisaris. RD: Representative
Director, CH: Chairman of The Board, PRD: President Representative Director, EVP: Execuitive Vice President, DSE: Director
Senior Managing Executive Officer, DE: Director Managing Execuitive Officer, A: Audit & Supervisory Board Member, AO: Audit &
Supervisory Board Member (Outside).
103
COMMITTEES
KO M I T E - KO M I T E
KOMITE AUDIT
Membership
The Audit Committee consist of 3 (three)
members, consisting of 1 (one) chairman which
is an Independent Commissioner and 2 (two)
independent members. All members of the Audit
Committee have met the criterea of independency,
expertise and integrity as required by various
applicable laws and regulations.
Keanggotaan
Komite Audit beranggotakan 3 (tiga) orang, yang
terdiri dari 1 (satu) orang ketua merangkap sebagai
Komisaris Independen dan 2 (dua) orang anggota
Independen. Seluruh keanggotaan komite telah
memenuhi kriteria independensi, keahlian, dan
integritas yang dipersyaratkan dalam berbagai
peraturan yang berlaku.
104
Gunawan Sumana
Member,
An Indonesian national, graduated
from Gajah Mada University, in the year
1979. Previously worked at the Public
Accountant office SGV Utomo, Mulia
& Co, Napan Group, PT Purna Bina
Indonesia (A joint venture company of
Pertamina and Bechtel Inc., USA); had
held the position of Auditor, Finance
Controller, Director and Commissioner
and Lecturer at the General Sudirman
State University and the Atma Jaya
University, Jakarta. Since 2008, an
Independent Commissioner of the
Company.
Ariefuddin Amas
Member,
An Indonesian national, graduated from
the Faculty of Economics of the University
of Indonesia. Starting his carreer at the
Public Accountant office Drs Utomo,
Mulia & Co (SGV-Group) 1976-1981.
Deputy Finance Director PT Poleko
Trading Co. 1981-1982. Had worked as
Internal Auditor at PT ASEAM Indonesia
1982-1984, as Financial Controller of PT
BT Lippo Graha Leasing/Bankers Trust
Co., Representative office 1984-1989
and Financial Controller (Senior Vice
President) of PT JP Morgan Securities
Indonesia (formerly PT Jardine Fleming
Indonesia) 1989-2001. Deputy General
Secretary Asian Leasing Association
2003-2004. Since 2005 working as staff
of the Board of Directors for Corporate
Finance LIGO Group. Since 2008, a
member of the Audit Committee of the
Company.
105
Ketua,
Pernah bergabung dengan Perseroan
sebagai Komisaris Independen pada
tahun 2005 - 2008, kemudian diangkat
kembali sebagai Komisaris Independen
sejak tahun 2014. Sebelumnya menjabat
sebagai
Anggota
Komite
Audit
Perseroan sejak tahun 2012 - 2014.
Pernah menempuh pendidikan di
bidang Akuntansi di Fakultas Ekonomi
Universitas Indonesia, Jakarta pada tahun
1963.
Anggota,
Warga Negara Indonesia, lulusan dari
Universitas Gajah Mada pada tahun 1979.
Pernah bekerja pada Kantor Akuntan
Publik SGV Utomo, Mulia & Co.,
Napan Group, PT Purna Bina Indonesia
(Perseroan Joint Venture Pertamina dan
Bechtel Inc. USA); menduduki posisi
sebagai Auditor, Finance Controller,
Direktur dan Komisaris, serta dosen
pada Universitas Negeri Jenderal
Sudirman dan Universitas Atma Jaya
Jakarta. Menjadi Komisaris Independent
sejak tahun 2008.
Anggota,
Warga Negara Indonesia, lulusan
Fakultas Ekonomi Universitas Indonesia.
Memulai karir di Kantor Akuntan Publik
Drs. Utomo Mulia & Co. (SGV-Group).
1976-1981. Deputi Direktur Keuangan
PT Poleko Trading Co. 1981-1982.
Pernah bekerja sebagai Internal Auditor
di PT. ASEAM Indonesia 1982-1984,
sebagai Financial Con-troller PT BT
Lippo Graha Lea-sing/Bankers Trust
Co. Rep. Office 1984-1989 dan Financial
Controller (Senior Vice President) di PT
JP Morgen Securities Indonesia (d/h PT
Jardine Fleming Indonesia) 1989-2001.
Sebagai Deputy General Secretary Asian
Leasing Associa-tion 2003-2004. Sejak
2005 bekerja sebagai staf Direksi bidang
Corporate Finance LIGO Group. Menjadi
anggota Komite Audit sejak tahun 2008.
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Segara Utama
Chairman,
Joining the Company as Independent
Commissioner in 2005 2008,
then reappointed as Independent
Commissioner since 2014. Formerly
holding the position as Member of the
Companys Audit Committee in 2012
2014. Having taken education in
Accounting in the Economy Faculty of
Indonesia University, Jakarta in 1963.
106
External Audit
Provide input to the Board of Commissioners
on the appointment of the Public Accountant
and the determination of their fees;
Review the sufficiency of audit performed by
the Public Accountant to ensure that all risks
have been considered;
Eksternal Audit
Memberikan masukan kepada Dewan
Komisaris perihal penunjukan Akuntan Publik
dan imbalan jasanya;
Mengkaji kecukupan pemeriksaan yang
dilakukan oleh Akuntan Publik untuk
memastikan semua risiko yang penting telah
dipertimbangkan;
Mengkaji
kinerja,
independensi
dan
obyektivitas Akuntan Publik.
Internal Audit
Analyse the implementation of audit by the
Internal Audit and to review the work results
and the independency of the Internal Audit;
Instruct the Internal Audit to act as
supervisor and analyst in the supervision
of the implementation of recommendations
submitted by the external auditor, which
must be carried out by each auditee under the
coordination and responsibility of the Board of
Directors;
Determine the Charter of the Internal Audit.
Internal Audit
Menelaah pelaksanaan pemeriksaan Internal
Audit, dan mengkaji kinerja serta independensi
Internal Audit;
Menugaskan Internal Audit sebagai pengawas
dan peneliti untuk mengawasi implementasi
atas rekomendasi-rekomendasi yang diajukan
oleh eksternal auditor, yang harus dilaksanakan
oleh
masing-masing
auditee
dibawah
koordinasi dan tanggung jawab Direksi;
107
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
No.
Name
Nama
Posisi
Jabatan
Number of Meeting
Jumlah Rapat
Absence
Absen
% of Attendance
Hadir
Segara Utama
Chairman
Ketua
12
100%
Gunawan Sumana
Member
Anggota
11
92%
Ariefuddin Amas
Member
Anggota
10
83%
108
Form of Remuneration
Bentuk remunerasi
Board of Directors
Direksi
2015
Salary
Gaji
2014
Board of Commissioners
Dewan Komisaris
2015
2014
Rp16.358.006.934 Rp14.753.732.293
Bonus
Bonus
Rp2.596.150.297
Rp2.427.536.570
Rp1.112.493.779
Rp973.780.976
Other Support
Tunjangan Lainnya
Rp2.491.428.157
Rp1.971.369.537
Honorarium
Honorarium
Rp5.386.000.000 Rp4.638.000.000
Other Appreciation
Penghargaan Lainnya
Rp2.105.904.761 Rp1.807.238.085
109
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Objectivity
In this case, the Risk Management Committee
may not have any conflict of interest with
parties where such conflict of interest may affect
the independency of the Risk Management
Committee.
Obyektifitas
Dalam hal ini Komite Manajemen Resiko
tidak boleh mempunyai benturan kepentingan
dengan pihak-pihak dimana benturan
kepentingan ini dapat mempengaruhi
independensi Komite Manajemen Risiko.
Integrity
The Risk Management Committee must
highly support values of honesty, fairness
and compliance and must strictly adhere
to the values provided in Good Corporate
Governance.
Integritas
Komite Manajemen Risiko menjunjung tinggi
nilai kejujuran, kewajaran, dan kepatuhan serta
memegang teguh nilai-nilai yang diatur dalam
Tata Kelola Perseroan yang baik.
110
Competency
The Risk Management Committee shall always
enhance its knowledge and skill in order
to be able to perform each of its tasks and
responsibilities properly.
Contribution
The Risk Management Committee is
determined always to provide added value
to the Company by managing risks more
effectively and identification of development
of production process which may result in
the saving of costs and the increase of the
Companys income.
Confidentiality
The Risk Management Committee must keep
confidential each information received by it
and shall not disclose such information to any
unrelated parties.
Kompetensi
Komite Manajemen Risiko senantiasa
meningkatkan
pengetahuan
dan
keterampilannya untuk dapat menjalankan
setiap tugas dan tanggung jawabnya dengan
baik.
Kontribusi
Komite Manajemen Risiko bertekad untuk
selalu memberikan nilai tambah bagi Perseroan
melalui pengelolaan risiko yang lebih efektif
dan identifikasi perkembangan proses produksi
yang dapat menghasilkan penghematan biaya
dan meningkatkan pendapatan Perseroan.
Kerahasiaan
Komite Manajemen Risiko harus menjaga
setiap informasi yang diterima dan tidak akan
mengungkapkan informasi tersebut kepada
pihak-pihak yang tidak berkepentingan.
111
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
CORPORATE SECRETARY
S E K R E TA R I S P E R S E R O A N
112
113
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
INTERNAL AUDIT
INTERNAL AUDIT
114
115
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
116
EXTERNAL AUDIT
No.
Section
Bagian
Number of Meeting
Jumlah Rapat
Absence
Absen
Audit Committee
Komite Audit
Segara Utama
100%
Audit Committee
Komite Audit
Gunawan Sumana
100%
Audit Committee
Komite Audit
Ariefuddin Amas
100%
External Auditor
Auditor Eksternal
100%
External Auditor
Auditor Eksternal
Ratnawati Tano
100%
External Auditor
Auditor Eksternal
Citra Kurniawan
100%
Name
Nama
117
% of Attendance
Hadir
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
EKSTERNAL AUDIT
118
119
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
SISTEM
MANAJEMEN
RISIKO
DITERAPKAN OLEH PERSEROAN
Kesadaran
akan
pentingnya
implementasi
manajemen risiko di PT Surya Toto Indonesia, Tbk
saat ini masih dalam tahap perkembangan, dan masih
diperlukan usaha dan tindak lanjut terus menerus
untuk membangun dan meningkatkan kesadaran
ke seluruh unit usaha dan personil Perseroan agar
manajemen risiko dapat menjadi bagian yang tidak
terpisahkan dari proses pengambilan keputusan.
120
YANG
121
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
REVIEW
ATAS
EFEKTIVITAS
PENGENDALIAN INTERNAL
122
SISTEM
ACCESS TO INFORMATION
AKSES INFORMASI
To ensure an easily accessible of information and
publication of the Company by the shareholders,
stakeholders and the public, the Company
has maintained and developed a web site
www.toto.co.id in the internet. This web site provides
complete information regarding the products, work
results and the financial condition and other relevant
information of the Company to visitors of the web
site.
123
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Work Culture
SEIRI (Short) means to sort/select required
goods and non-required goods. Additionally, to
perform control and prevention so as to avoid
existence of non-required goods.
Focus
Focus is an effort to apply in an optimal manner
various competency so as to increase the added
value of the Company, covering:
The spirit of entrepreneurship/business
orientation;
Priority in providing prima service to achieve
customer satisfaction;
Cost consciousness.
Budaya Kerja
SEIRI (Ringkas) adalah memilah/memisahkan
barang yang diperlukan dengan yang tidak
diperlukan. Selain itu melakukan pengendalian
serta pencegahan agar tidak timbul barangbarang yang tidak dibutuhkan lagi.
SEITON (Rapi) adalah menata dan menyimpan
barang secara teratur, sistematis dan efektif
untuk memudahkan pengambilan dan
pengembalian barang, serta menentukan
standar bagi tempat penyimpanan barang.
SEISO (Resik) adalah menciptakan kondisi
lingkungan, peralatan, dan mesin agar selalu
bersih sehingga kotoran dan sampah tidak
berserakan.
SEIKETSU (Rawat) adalah proses pengulangan
pemilahan, penataan, dan pembersihan serta
sebagai kesadaran dan aktifitas tetap untuk
memastikan bahwa keadaan 5S dipelihara.
SHITSUKE (Rajin) adalah komitmen yang kuat
untuk menaati apa yang sudah ditetapkan.
Fokus
Fokus ialah upaya untuk menggunakan secara
optimum berbagai kompetensi untuk meningkatkan
nilai tambah Perseroan yang meliputi:
Semangat
kewirausahaan/orientasi
bisnis
(entrepreneurship);
Mengutamakan pelayanan prima untuk
mencapai kepercayaan pelanggan (customer
satisfaction);
Mempertimbangkan risiko secara proporsional
(balance risk taking);
Sadar Biaya (cost consciousness).
Innovation
Innovation is a continuous effort to seek and to
introduce something new or to make continuous
improvement.
Inovasi
Inovasi adalah upaya terus menerus mencari dan
memperkenalkan sesuatu yang baru atau bersifat
perbaikan/peningkatan (continuous improvement).
Whistleblowing System
The whistleblowing system opens the possibility
to all parties, either external or internal, to report
the occurrence of cheating, acts of divergent,
violation of law and ethics performed by an
employee of PT Surya Toto Indonesia Tbk in all
ranks of the management. Currently, the Company
is in the process of formulation of application of
the whistleblowing system to be used properly. It
is expected that the whistleblowing system will
enhance the applicability of the internal control
currently existing in the Company.
124
Chairman
Member
Member
Ketua
Anggota
Anggota
: Segara Utama
: Gunawan Sumana
: Ariefuddin Amas
: Segara Utama
: Gunawan Sumana
: Ariefuddin Amas
125
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
K E B E R A G A M A N KO M P O S I S I D E WA N KO M I S A R I S D A N D I R E K S I
126
kebijakan
Manajemen yang baru, dan melaporkan
hasilnya kepada Dewan Komisaris.
SEGARA UTAMA
Chairman
Ketua
GUNAWAN SUMANA
Member
Anggota
127
ARIEFUDDIN AMAS
Member
Anggota
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
4
CORPORATE SOCIAL
REPONSIBILITY
TA N G G U N G J AWA B S O S I A L
PERSEROAN
130
ENVIRONMENT
LINGKUNGAN HIDUP
Environment Policy of PT Surya Toto Indonesia
Tbk:
Prevention of Environment Pollution and
Saving of Natural Resources and Energy From
Product and Service Activities.
Fulfillment of Laws and regulations and
Other Requirements Relevant to Environment
Aspects.
Continuous Environment Improvement.
Development of water saving products.
131
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
132
133
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
K E T E N A G A K E R J A A N , K E S E H ATA N D A N K E S E L A M ATA N K E R J A
KEBIJAKAN
PERSERO
TERHADAP
KESELAMATAN DAN KESEHATAN KERJA (K3)
K3 ACTIVITIES
KEGIATAN K3
K3 Promotion
A communication activity to increase K3
understanding by exhibition, advertisement,
demonstration media, and other efforts by
nature persuasive and conducted intensively
and continuously. In conducting promotion of
K3 activity, the Company attempts to perform
various activities, such as:
134
Promosi K3
Kegiatan komunikasi untuk meningkatkan
pemahaman K3 melalui media pameran,
periklanan, demonstrasi, dan usaha lain
yg bersifat persuasif dengan dilakukan
secara intensif dan terus-menerus. Dalam
melaksanakan promosi dari kegiatan K3,
Persero berupaya melaksanakan berbagai
kegiatan diantaranya:
Pembacaan Ikrar K3 setiap sebelum
memulai aktivitas kerja.
Membuat dan memasang spanduk dan
poster K3 di setiap sudut gedung Persero.
Membuat tanda pengingat penggunaan
alat-alat keselamatan kerja di setiap sudut
gedung Persero.
Pelaksanaan senam pagi.
K3 Counseling
K3 counseling to each employee is required
to facilitate each employee in applying K3
correctly in any work activities. The activities
performed are:
Education on traffic accidents by members
of Metro Jaya Regional Police in order to
minimize road accidents.
Penyuluhan K3
Penyuluhan K3 kepada setiap karyawan
diperlukan guna memudahkan setiap karyawan
dalam menerapkan K3 secara benar dalam
setiap aktivitas pekerjaan, adapun kegiatan yag
dilaksanakan ialah:
Pendidikan kecelakaan lalu lintas oleh
anggota dari Polda Metro Jaya guna
menekan kecelakaan di jalan raya
Pelatihan karyawan mengenai pemadam
kebakaran baik secara Teori maupun
Praktek.
Pelatihan tanggap darurat bencana alam
dilakukan 3 kali pelatihan dalam1 tahun.
K3 Supervision
K3 supervision is an activity of review on the
consistency of K3 application in each section.
The programs performed are:
Management Patrol on Monday every
week.
P2K3 Team Patrol monthly according to
the schedule.
K3 section Patrol according to the section
schedule.
K3 night Patrol according to the schedule.
K3 long holiday Patrol.
Pengawasan K3
Pengawasan K3 merupakan kegiatan peninjauan
terhadap konsistensi penerapan K3 di setiap
seksi. Program yang telah dilaksanakan ialah:
Patrol Manajemen setiap minggu pada hari
Senin.
Patrol Tim P2K3 setiap bulan sesuai jadwal.
K3 Examination
K3 examination is an activity of examining the
condition of K3 application from all aspects
for maintaining work safety and health. The
activities performed are:
K3 Audit of Companys Parent (TOTO
Japan).
K3 Audit of New Machines.
Examination of PK3 facilities.
Examination of emergency response
facilities.
Examination of lifting and transport
means.
Examination of pressure vessels.
Examination of employees health.
135
Pemeriksaan K3
Pemeriksaan K3 ialah kegiatan memeriksa
kondisi penerapan K3 dari segala aspek untuk
menjaga keselamatan dan kesehatan kerja.
Kegiatan yang telah dilaksanakan ialah:
Audit K3 Induk Persero (TOTO Jepang).
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
K3 Control
The activity of K3 control is conducted by
providing K3 monitoring board in each
section/division. The company conducts safety
and health control in the work environment by
measuring the dust and noise level.
Pengendalian K3
Kegiatan pengendalian K3 dilaksanakan dengan
cara menyediakan papan monitoring K3 di
setiap seksi/bagian. Persero melaksanakan
pengendalian keselamatan dan kesehatan di
lingkungan kerja, dengan cara melakukan
pengukuran debu dan tingkat kebisingan.
K3 Evaluation
Besides planning and performing K3, this K3
activity shall be evaluated monthly. This is
conducted to evaluate the effectiveness level of
K3 programs performed.
Evaluasi K3
Selain direncanakan dan dilaksanakan, kegiatan
K3 ini wajib dievaluasi setiap bulan. Hal ini
dilaksanakan untuk menilai tingkat efektivitas
dari program-program K3 yang telah di
jalankan.
JAMSOSTEK
JAMSOSTEK
IMPLEMENTASI KETENAGAKERJAAN,
KESELAMATAN DAN KESEHATAN KERJA (K3)
136
RESPONSIBILITY TO CONSUMERS
CUSTOMER
SATISFACTION
BY
IMPROVEMENT OF PRODUCT AND SERVICE
QUALITY CONTINUOUSLY
KEPUASAN
PELANGGAN
MELALUI
PENINGKATAN
MUTU
PRODUK
DAN
PELAYANAN SECARA TERUS MENERUS
Quality Management
The Company endeavors to produce products
by tight quality control in order to produce the
best products.
The Company encourages maintenance of
good quality in all processes of production and
services.
Justification on the companys quality
management shall be clearly defined in a
separate document.
This quality policy should be well communicated
to all employees in order to create good,
effective and efficient scope of operation.
Pengelolaan Mutu
Persero berusaha menghasilkan produk dengan
melalui quality control yang ketat, sehingga
menghasilkan produk yang terbaik.
Persero mendorong terpeliharanya mutu yang
baik dalam semua proses produksi dan jasa.
137
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
TA N G G U N G J AWA B T E R H A D A P KO N S U M E N
Procurement Management
In the frame of goods and service procurement,
it is endeavored to obtain the best prices with
good quality and justifiable.
Pengelolaan Pengadaan
Dalam rangka pengadaan barang dan jasa,
diusahakan untuk mendapatkan harga
terbaik dengan kualitas yang baik dan
dipertanggungjawabkan.
Persero
memastikan
bahwa
prosedur
pengadaan barang/jasa senantiasa jelas
dokumentasinya,
menjunjung
prinsip
keterbukaan, kompetitif, efisiensi biaya, wajar
dan dapat dipertanggungjawabkan serta tidak
bertentangan dengan peraturan perundangan
yang berlaku.
Bertindak adil dengan memberikan kesempatan
yang sama pada seluruh pemasok yang memiliki
kualifikasi sama tanpa diskriminasi. Persero
berkomitmen untuk membina pemasok baru
untuk berkembang secara bertahap melalui
proses kualifikasi yang ditentukan oleh Persero.
Persero membuat kesepakatan pengadaan
barang dan jasa dengan pemasok yang
dituangkan dalam suatu dokumen tertulis
berdasarkan itikad baik dan saling
menguntungkan.
Pemasok yang ada tidak diperkenankan
mempunyai hubungan istimewa dengan pihak
yang melakukan pengadaan barang atau jasa
baik secara langsung maupun tidak langsung.
Seluruh karyawan Persero dilarang untuk
meminta atau menerima, mengijinkan atau
menyetujui untuk menerima suatu hadiah atau
imbalan dari pemasok atau pihak ketiga yang
mendapatkan atau berusaha mendapatkan
pekerjaan atau pesanan yang berkaitan dengan
pengadaan barang maupun jasa.
Karyawan yang terlibat dalam proses
pengadaan barang dan jasa diwajibkan namun
tidak terbatas:
Melaksanakan tugas pengadaan barang dan
jasa sesuai dengan kebijakan dan prosedur
yang berlaku di Persero.
138
139
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
Social Development
Pengembangan Sosial
Responsibility to Consumers
Tanggung Jawab terhadap Konsumen
Social Services
Sosial Kemasyarakatan
Environment
Lingkungan Hidup
140
141
A N N UA L R E P O RT 2 0 1 5 L A P O R A N TA H U N A N
5
FINANCIAL REPORTS
LAPORAN KEUANGAN
Daftar Isi
Halaman/
Page
Table of Contents
1-2
6 - 89
***************************
31 Desember 2014/
December 31, 2014
Catatan/
Notes
31 Desember 2015/
December 31, 2015
1 Januari 2014/
31 Desember 2013
January 1, 2014/
December 31, 2013
ASET
ASET LANCAR
Kas dan setara kas
Piutang usaha
Pihak-pihak berelasi
Pihak ketiga
Piutang lain-lain
Pihak-pihak berelasi
Pihak ketiga
Persediaan, neto
Pajak dibayar di muka
Biaya dibayar di muka
ASSETS
167.008.027.010
84.043.058.194
252.491.009.837
511.614.066.146
11.414.480.027
509.077.007.660
10.455.121.466
427.451.771.875
22.570.614.650
13.968.215.906
8.593.319.373
603.335.063.226
2.051.140.641
30.078.293.035
10.804.655.214
16.174.202.159
452.112.191.566
32.338.071.780
6.905.932.417
5.177.260.692
359.986.764.460
15.215.160.625
CURRENT ASSETS
Cash and cash equivalents
Trade receivables
Related parties
Third parties
Other receivables
Related parties
Third parties
Inventories, net
Prepaid tax
Prepayments
1.348.062.605.364
1.115.004.308.039
1.089.798.514.556
73.286.778.494
875.127.024.145
143.064.451.202
77.113.696.618
807.117.366.092
63.151.553.641
49.280.471.060
558.782.969.187
65.840.250.718
NON-CURRENT ASSETS
Deferred tax assets, net
Fixed assets, net
Other non-current assets
1.091.478.253.841
947.382.616.351
673.903.690.965
TOTAL ASET
2.439.540.859.205
2.062.386.924.390
1.763.702.205.521
TOTAL ASSETS
2d,2m,4,36
2m,5,36
2l,30
2m,6,36
2l,30
2e,7
8a
2f,9
2h,8e
2g,10
2m,2p,11,30,36
31 Desember 2014/
December 31, 2014
Catatan/
Notes
31 Desember 2015/
December 31, 2015
1 Januari 2014/
31 Desember 2013
January 1, 2014/
December 31, 2013
LIABILITAS
LIABILITAS JANGKA PENDEK
Pinjaman jangka pendek
Utang usaha
Pihak-pihak berelasi
Pihak ketiga
Utang lain-lain pihak-pihak berelasi
Utang pajak
Utang dividen interim
Liabilitas imbalan kerja
jangka pendek
Beban masih harus dibayar
Bagian liabilitas jangka
panjang yang akan jatuh tempo
dalam waktu satu tahun:
Utang sewa pembiayaan
Liabilitas jangka pendek lainnya
LIABILITIES
2m,12,36
2m,13,36
2l,30
2l,2m,18,30,36
2h,8b
2m,23,36
2m,14,36
2m,15,36
2i,2m,16,36
2m,17,36
175.000.000.000
135.000.000.000
141.094.512.189
18.498.968.435
200.490.533.316
14.629.874.976
19.459.237.197
147.315.700
15.724.152.180
230.266.785.684
14.080.978.729
26.246.504.723
275.136.000
14.794.365.846
193.564.391.602
12.850.710.576
11.898.394.917
49.536.000.000
66.175.767.328
17.013.504.231
57.300.463.136
23.969.768.164
44.683.271.384
3.331.329.191
CURRENT LIABILITIES
Short-term borrowings
Trade payables
Related parties
Third parties
Other payables to related parties
Taxes payable
Interim dividend payables
Short-term employee
benefits liabilities
Accrued expenses
4.912.970.382
43.791.185.882
2.915.404.418
23.035.621.870
1.800.392.643
22.941.461.071
Current maturities
of long-term debts:
Obligations under finance lease
Other current liabilities
560.119.357.447
528.814.814.904
496.494.829.419
5.179.332.472
3.730.342.011
2.154.413.791
382.699.250.180
403.944.136.981
281.976.117.498
NON-CURRENT LIABILITIES
Long-term debts, net
of current maturities:
Obligations under finance lease
Long-term employee
benefits liability
387.878.582.652
407.674.478.992
284.130.531.289
TOTAL NON-CURRENT
LIABILITIES
TOTAL LIABILITAS
947.997.940.099
936.489.293.896
780.625.360.708
TOTAL LIABILITIES
2i,2m,16,36
2j,19
EKUITAS
EQUITY
Share capital: par value of Rp50
(2013: Rp100) each;
Authorized capital:
3,000,000,000 shares;
(2013: 1,500,000,000 shares)
issued and paid-up
capital: 1,032,000,000 shares
(2014: 990,720,000 shares;
2013: 495,360,000 shares)
Additional paid-in capital
General reserve
Other comprehensive income:
(57.161.564.225) (108.884.972.178)
1.334.410.283.331 1.170.123.902.672
(54.106.725.136)
973.334.869.949
TOTAL EKUITAS
1.491.542.919.106
1.125.897.630.494
983.076.844.813
TOTAL EQUITY
2.439.540.859.205
2.062.386.924.390
1.763.702.205.521
51.600.000.000
146.970.000.000
9.907.200.000
49.536.000.000
426.000.000
9.907.200.000
49.536.000.000
426.000.000
9.907.200.000
5.817.000.000
4.789.500.000
3.979.500.000
Catatan/
Notes
2015
PENJUALAN NETO
BEBAN POKOK PENJUALAN
LABA BRUTO
Pendapatan lainnya
Beban usaha
Beban lainnya
2k,24
2.053.630.374.083
(1.708.574.245.367)
2k,25
(1.522.595.960.036)
570.099.625.826
12.145.705.083
(166.745.857.801)
(19.780.422.963)
395.719.050.145
Pendapatan keuangan
Pajak atas pendapatan keuangan
Biaya keuangan
5.072.406.149
(1.014.481.229)
(18.203.078.448)
381.573.896.617
(96.337.115.958)
285.236.780.659
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
2.278.673.871.193
LABA USAHA
PENDAPATAN KOMPREHENSIF
LAIN
Pos yang tidak akan
direklasifikasi ke laba rugi:
Keuntungan/(kerugian) pengukuran
kembali atas liabilitas
imbalan kerja
Pajak penghasilan terkait
531.034.414.047
2k,26
2k,27
2k,28
10.522.188.408
(139.683.504.389)
(8.197.047.589)
393.676.050.477
29
2h
29
2h,8c
7.979.825.456
(1.595.965.091)
(15.434.350.502)
NET SALES
COST OF GOODS SOLD
GROSS PROFIT
Other income
Operating expenses
Other expenses
PROFIT FROM OPERATIONS
Financial income
Tax on finance income
Financial cost
384.625.560.340
PROFIT BEFORE
INCOME TAX EXPENSE
(88.764.527.617)
295.861.032.723
68.964.543.937
(17.241.135.984)
1.370.000.000
(342.500.000)
19
8c
11
8c
337.987.688.612
282
2n
(73.037.662.723)
18.259.415.681
1.080.000.000
(270.000.000)
Re-measurement gain/(loss)
of employee benefits liability
Related income tax
Item that may be reclassified
subsequently to profit or loss:
Unrealized gain on
available-for-sale
financial assets
Related income tax
241.892.785.681
TOTAL COMPREHENSIVE
INCOME FOR THE YEAR
299
The original financial statements included herein are in the Indonesian language.
Catatan/
Notes
Saldo 1 Januari 2014
Perubahan kebijakan akuntansi
(Catatan 19 dan 38)
Modal
ditempatkan
dan disetor
penuh/
Issued and
paid-up capital
Tambahan
modal disetor/
Additional
paid-in capital
Penghasilan
komprehensif
lain/
Other
comprehensive
income
Cadangan umum/
General reserve
49.536.000.000
426.000.000
9.907.200.000
23
23
49.536.000.000
-
426.000.000
-
9.907.200.000
-
11
19
Saldo laba/
Retained earnings
3.979.500.000
(54.106.725.136 )
(50.127.225.136 )
-
810.000.000
(54.778.247.042 )
1.533.156.274
973.334.869.949
(49.536.000.000)
(49.536.000.000)
295.861.032.723
20
23
23
49.536.000.000
2.064.000.000
-
426.000.000
-
9.907.200.000
-
21
146.544.000.000
11
1.027.500.000
19
51.723.407.953
51.600.000.000
146.970.000.000
9.907.200.000
Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan secara keseluruhan.
(104.095.472.178)
-
971.801.713.675
(51.344.564.225)
1.170.123.902.672
(69.350.400.000)
(51.600.000.000)
285.236.780.659
1.334.410.283.331
Total
ekuitas/
Total equity
1.035.650.413.675
(52.573.568.862 )
983.076.844.813
(49.536.000.000)
(49.536.000.000)
295.861.032.723
810.000.000
(54.778.247.042 )
Balance as of
January 1, 2014
Change in accounting
policies
(Notes 19 and 38)
Balance as of
January 1, 2014,
as restated
Annual cash dividend
Interim cash dividend
Profit for 2014
Unrealized gain on
available-for-sale
financial assets, net
Re-measurement loss
of employee benefits
liability, net
Balance as of
December 31, 2014,
1.125.897.630.494
as restated
2.064.000.000
Limited public offering
(69.350.400.000)
Annual cash dividend
(51.600.000.000)
Interim cash dividend
285.236.780.659
Profit for 2015
Premium on shares issued
146.544.000.000 in limited public offering
Unrealized gain on
available-for-sale
1.027.500.000
financial assets, net
Re-measurement gain
of employee benefits
51.723.407.953
liability, net
1.491.542.919.106
Balance as of
December 31, 2015
The accompanying notes to the financial statements form an integral part of these
financial statements taken as a whole.
Catatan/
Notes
2014
2.336.612.381.558
2.043.802.754.991
(1.381.446.849.835)
(591.808.099.864)
(1.199.545.105.302)
(429.572.357.710)
363.357.431.859
5.072.406.149
7.438.304.535
(17.683.633.426)
(117.555.370.638)
414.685.291.979
7.959.805.590
(15.708.921.888)
(99.227.537.491)
Cash generated by
operating activities
Interest received
Income tax refund
Interest paid
Income taxes paid
29a
240.629.138.479
(68.738.150.000)
(160.020.207.353)
(226.164.865.831)
2.593.491.522
307.708.638.190
10
11
10
(147.000.000)
(320.504.920.229)
(320.001.829.320)
650.090.909
(4.878.673.444)
(115.228.630.388)
(1.715.412.375)
(148.219.335.698)
68.500.696.168
(156.154.760.513)
KENAIKAN/(PENURUNAN) NETO
KAS DAN SETARA KAS
82.964.968.816
NET INCREASE/(DECREASE) IN
(168.447.951.643) CASH AND CASH EQUIVALENTS
84.043.058.194
167.008.027.010
148.608.000.000
21
40.000.000.000
(6.220.012.440)
252.491.009.837
84.043.058.194
1.
UMUM
a.
b.
1.
Pendirian Perusahaan
GENERAL
a.
b.
Pada tanggal 22 September 1990, BAPEPAMLK (sekarang Otoritas Jasa Keuangan (OJK))
menyetujui penawaran 2.687.500 saham
Perusahaan kepada masyarakat dengan
jumlah nominal sebesar Rp2.687.500.000.
Sejak tanggal 30 Oktober 1990, Perusahaan
mencatatkan saham hasil penawaran tersebut
pada Bursa Efek Indonesia (sebelumnya
Bursa Efek Jakarta).
1.
UMUM (lanjutan)
b.
c.
Penawaran
(lanjutan)
1.
umum
efek
Perusahaan
GENERAL (continued)
b.
The Companys
(continued)
public
share
offering
c.
The
composition
of
the
boards
of
commissioners and directors and audit
committee is as follows:
Dewan Komisaris
Komisaris Utama
Wakil Komisaris Utama
Komisaris
Komisaris Independen
Komisaris Independen
2015
2014
Mardjoeki Atmadiredja
Kazuo Watanabe
Umarsono Andy
Segara Utama
Achmad Kurniadi
Mardjoeki Atmadiredja
Soichi Abe
Umarsono Andy
Segara Utama
Achmad Kurniadi
Board of Commissioners
President Commissioner
Vice President Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
1.
UMUM (lanjutan)
c.
1.
GENERAL (continued)
c.
The
composition
of
the
boards
of
commissioners and directors and audit
committee is as follows (continued):
2014
Direksi
Presiden Direktur
Wakil Direktur Utama
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur
Direktur Independen
Hanafi Atmadiredja
Yuji Inoue
Benny Suryanto
Yutaka Hirota
Juliawan Sari
Ferry Prajogo
Setia Budi Purwadi
Yasuo Izuishi
Anton Budiman
Hiroshi Tanie
Fauzie Munir
Hanafi Atmadiredja
Yuji Inoue
Benny Suryanto
Yutaka Hirota
Juliawan Sari
Ferry Prajogo
Setia Budi Purwadi
Kazuo Watanabe
Anton Budiman
Hiroshi Tanie
Fauzie Munir
Board of Directors
President Director
Vice President Director
Director
Director
Director
Director
Director
Director
Director
Director
Independent Director
Komite Audit
Ketua
Anggota
Anggota
Segara Utama
Gunawan Sumana
Ariefuddin Amas
Segara Utama
Gunawan Sumana
Ariefuddin Amas
Audit Committee
Chairman
Member
Member
Persetujuan
dan
pengesahan
penerbitan laporan keuangan
untuk
d.
for
the
Manajemen
bertanggung
jawab
atas
penyusunan dan penyajian laporan keuangan,
yang telah diselesaikan dan disetujui untuk
diterbitkan oleh direksi Perusahaan pada
tanggal 29 Maret 2016.
2.
2.
SUMMARY
POLICIES
a.
OF
SIGNIFICANT
ACCOUNTING
2.
Dasar
penyajian
(lanjutan)
laporan
2.
keuangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
a.
ACCOUNTING
2.
c.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
currency
transactions
and
Informasi segmen
c.
Segment information
Segment information is presented based on
the classification of type of products into
overseas and domestic markets.
Foreign
balances
ACCOUNTING
d.
10
2.
2.
Persediaan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
e.
ACCOUNTING
Inventories
f.
g.
f.
Prepaid expenses
Prepaid expenses are amortized and charged
to operations over the periods benefited.
g.
Fixed assets
All fixed assets are initially recognized at cost,
which comprises its purchase price and any
costs directly attributable in bringing the asset
to its working condition and to the location
where it is intended to be used. Subsequent to
initial recognition, fixed assets are carried at
cost less any subsequent accumulated
depreciation and impairment losses, if any.
The cost of fixed assets includes the cost of
replacing part of the fixed assets when that
cost is incurred, if the recognition criteria are
met. Likewise, when a major inspection is
performed, its cost is recognized in the
carrying amount of the fixed assets as a
replacement if the recognition criteria are met.
All other repairs and maintenance costs, that
do not meet the recognition criteria, are
recognized as profit or loss as incurred.
11
2.
g.
ACCOUNTING
SUMMARY OF SIGNIFICANT
POLICIES (continued)
Tahun/Year
10 - 20
16
4
4-8
5
12
h.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
g.
ACCOUNTING
Pajak penghasilan
h.
Income tax
Pajak final
Final tax
13
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
Pajak kini
Current tax
14
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
Pajak tangguhan
Deferred tax
Pajak
tangguhan
diakui
dengan
menggunakan
metode
liabilitas
atas
perbedaan temporer pada tanggal pelaporan
antara dasar pengenaan pajak aset dan
liabilitas dan jumlah tercatatnya untuk tujuan
pelaporan keuangan pada tanggal pelaporan.
i.
i.
ii.
ii.
15
i.
2.
Sewa
i.
Leases
Perusahaan
mengklasifikasikan
sewa
berdasarkan sejauh mana risiko dan manfaat
yang terkait dengan kepemilikan aset sewaan
berada pada lessor atau lessee, dan pada
substansi
transaksi
daripada
bentuk
kontraknya, pada tanggal pengakuan awal.
16
j.
2.
Sewa (lanjutan)
Leases (continued)
ii) Dalam
sewa
operasi,
Perusahaan
mengakui pembayaran sewa sebagai
beban dengan dasar garis lurus (straightline basis) selama masa sewa.
j.
Employee benefits
The
Company
recognizes
long-term
employee benefits liability based on the
provisions of Labor Law No. 13 Year 2003
(Law No. 13/2003) dated March 25, 2003.
17
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
Biaya jasa
Service cost
liability or asset.
18
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
k.
Perusahaan
menelaah
pengaturan
pendapatannya melalui kriteria tertentu untuk
menentukan apakah
bertindak
sebagai
prinsipal atau agen. Perusahaan telah
menyimpulkan bahwa Perusahaan bertindak
sebagai prinsipal dalam semua pengaturan
pendapatan.
The
Company
assesses
its
revenue
arrangements against specific criteria in order
to determine if it is acting as principal or agent.
The Company has concluded that it is acting
as a principal in all of its revenue
arrangements.
Penjualan barang
Sales of goods
Pendapatan bunga
Interest income
19
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
l.
ACCOUNTING
Transaksi
ini
dilakukan
berdasarkan
persyaratan yang disetujui oleh kedua belah
pihak, yang mungkin tidak sama dengan
transaksi lain yang dilakukan dengan pihakpihak yang tidak berelasi.
m. Instrumen keuangan
m. Financial instruments
20
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
i.
i.
Aset keuangan
Financial assets
Pengakuan awal
Initial recognition
21
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
i.
Subsequent measurement
Available-for-sale
assets
(AFS)
financial
The
Companys
financial
asset
classified as AFS financial asset is
other non-current assets - the club
membership in form of shares which
does not have an active market.
22
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
i.
Penghentian pengakuan
Derecognition
i)
i)
ii)
Perusahaan
mentransfer
hak
kontraktual untuk menerima arus kas
yang berasal dari aset keuangan
tersebut atau menanggung kewajiban
untuk membayar arus kas yang
diterima tersebut tanpa penundaan
yang signifikan kepada pihak ketiga
melalui
suatu
kesepakatan
penyerahan dan apabila (i) secara
substansial mentransfer seluruh risiko
dan manfaat atas kepemilikan aset
keuangan tersebut, atau (ii) secara
substansial tidak mentransfer dan
tidak mempertahankan seluruh risiko
dan manfaat atas kepemilikan aset
keuangan tersebut, namun telah
mentransfer pengendalian atas aset
keuangan tersebut.
Keterlibatan
berkelanjutan
yang
berbentuk pemberian jaminan atas aset
yang ditransfer diukur sebesar jumlah
terendah antara nilai tercatat awal aset
yang ditransfer dan nilai maksimal dari
pembayaran yang diterima yang mungkin
harus dibayar kembali oleh Perusahaan.
23
2.
2.
ii.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
i.
Derecognition (continued)
Liabilitas keuangan
ii.
Financial liabilities
Pengakuan awal
Initial recognition
Liabilitas
keuangan
diklasifikasikan
sebagai liabilitas keuangan yang diukur
pada nilai wajar melalui laba atau rugi,
liabilitas keuangan yang diukur pada biaya
perolehan diamortisasi atau derivatif yang
telah ditetapkan sebagai instrumen
lindung nilai yang efektif, jika sesuai.
Perusahaan
menentukan
klasifikasi
liabilitas keuangan pada saat pengakuan
awal.
Liabilitas
keuangan
Perusahaan
mencakup pinjaman jangka pendek, utang
usaha,
utang
lain-lain
pihak-pihak
berelasi, utang dividen interim, liabilitas
imbalan kerja jangka pendek, beban
masih harus dibayar, liabilitas jangka
pendek lainnya selain uang muka dari
pelanggan dan utang sewa pembiayaan.
24
2.
2.
Subsequent measurement
Penghentian pengakuan
Suatu liabilitas keuangan dihentikan
pengakuannya pada saat kewajiban yang
ditetapkan dalam kontrak dihentikan atau
dibatalkan atau kadaluwarsa.
Ketika sebuah liabilitas keuangan ditukar
dengan liabilitas keuangan lain dari
pemberi pinjaman yang sama atas
persyaratan yang secara substansial
berbeda, atau bila persyaratan dari
liabilitas keuangan tersebut secara
substansial dimodifikasi, pertukaran atau
modifikasi persyaratan tersebut dicatat
sebagai penghentian pengakuan liabilitas
keuangan awal dan pengakuan liabilitas
keuangan baru, dan selisih antara nilai
tercatat
masing-masing
liabilitas
keuangan tersebut diakui pada laba atau
rugi.
25
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
v.
ACCOUNTING
iv.
v.
Amortized
instruments
cost
of
financial
26
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
vi.
Pada
setiap
tanggal
pelaporan,
Perusahaan
mengevaluasi
apakah
terdapat bukti yang obyektif bahwa aset
keuangan atau kelompok aset keuangan
mengalami
penurunan
nilai.
Untuk
menentukan adanya bukti obyektif bahwa
kerugian penurunan nilai aset keuangan
telah
terjadi,
Perusahaan
mempertimbangkan faktor-faktor seperti
probabilitas kebangkrutan atau kesulitan
keuangan yang signifikan dari debitur dan
gagal
bayar
atau
keterlambatan
pembayaran yang signifikan.
27
2.
2.
nilai
aset
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
vi. Impairment
(continued)
of
financial
assets
28
2.
2.
Jika
di
masa
mendatang
penghapusan
tersebut
dapat
dipulihkan, jumlah pemulihan tersebut
diakui pada laporan laba rugi dan
penghasilan komprehensif lain.
Dalam
hal
investasi
ekuitas
diklasifikasikan
sebagai
aset
keuangan yang tersedia untuk dijual,
bukti
obyektif
akan
termasuk
penurunan nilai wajar yang signifikan
atau berkepanjangan di bawah nilai
perolehan investasi tersebut.
Where
there is
evidence
of
impairment, the cumulative loss measured as the difference between
the acquisition cost and the current
fair value, less any impairment loss
on
that
investment
previously
recognized in the statement of profit
or loss and other comprehensive
income is reclassified from equity to
the statement of profit or loss and
other
comprehensive
income.
Impairment
losses
on
equity
investments are not reversed through
the statement of profit or loss and
other
comprehensive
income;
increases in their fair value after
impairment are recognized in equity.
29
2.
n.
2.
n.
Laba per saham dihitung berdasarkan ratarata tertimbang jumlah saham yang beredar
selama tahun yang bersangkutan.
30
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
o.
ACCOUNTING
Pada
setiap
akhir
tahun
pelaporan,
Perusahaan menilai apakah terdapat indikasi
suatu aset mengalami penurunan nilai. Jika
terdapat indikasi tersebut atau pada saat
pengujian penurunan nilai aset (yaitu aset
takberwujud dengan umur manfaat tidak
terbatas, aset takberwujud yang belum dapat
digunakan, atau goodwill yang diperoleh dalam
suatu kombinasi bisnis) diperlukan maka
Perusahaan
membuat
estimasi
jumlah
terpulihkan atas aset tersebut.
pro
31
2.
p.
Penurunan
(lanjutan)
nilai
aset
2.
non-keuangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
o.
Impairment
(continued)
of
ACCOUNTING
non-financial
assets
Investment in associates
Entitas
asosiasi
adalah
entitas
yang
terhadapnya Perusahaan memiliki pengaruh
signifikan.
Pengaruh signifikan adalah
kekuasaan
untuk
berpartisipasi
dalam
keputusan
kebijakan
keuangan
dan
operasional
investee,
tetapi
tidak
mengendalikan atau mengendalikan bersama
atas kebijakan tersebut.
32
2.
q.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
p.
ACCOUNTING
Setelah
penerapan
metode
ekuitas,
Perusahaan menentukan apakah diperlukan
untuk mengakui tambahan rugi penurunan nilai
atas investasi Perusahaan dalam entitas
asosiasi. Perusahaan menentukan pada setiap
tanggal pelaporan apakah terdapat bukti yang
obyektif
yang
mengindikasikan
bahwa
investasi dalam entitas asosiasi mengalami
penurunan nilai. Dalam hal ini, Perusahaan
menghitung
jumlah
penurunan
nilai
berdasarkan selisih antara jumlah terpulihkan
atas investasi dalam entitas asosiasi dan nilai
tercatatnya dan mengakuinya dalam laba rugi.
Provisi
q.
Provisions
33
2.
2.
Kontinjensi
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
Contingencies
Unless the possibility of an outflow of
resources embodying economic benefits is
remote, contingent liabilities are disclosed.
Contingent assets are not recognized in the
financial statements but disclosed when an
inflow of economic benefits is probable.
s.
Peristiwa
setelah
akhir
tahun
yang
memberikan tambahan informasi mengenai
posisi keuangan Perusahaan pada tanggal
pelaporan (peristiwa penyesuai), jika ada,
dicerminkan
dalam
laporan
keuangan.
Peristiwa setelah akhir tahun yang bukan
peristiwa penyesuai diungkapkan dalam
catatan atas laporan keuangan jika material.
t.
ACCOUNTING
t.
34
2.
Amandemen
PSAK
No.
19:
Aset
Takberwujud tentang Klarifikasi Metode
yang Diterima untuk Penyusutan dan
Amortisasi, berlaku efektif 1 Januari 2016.
35
2.
2.
Amandemen
PSAK
No.
19:
Aset
Takberwujud tentang Klarifikasi Metode
yang Diterima untuk Penyusutan dan
Amortisasi, berlaku efektif 1 Januari 2016
(lanjutan).
36
2.
37
2.
2.
PSAK
No.
7
(Penyesuaian
2015):
Pengungkapan
Pihak-pihak
Berelasi,
berlaku efektif 1 Januari 2016.
The
improvement
clarifies
that
a
management entity (an entity that provides
key management personnel services) is a
related party subject to the related party
disclosures. In addition, an entity that uses a
management entity is required to disclose
the expenses incurred for management
services.
38
2.
2.
3.
Pertimbangan
Judgments
39
3.
Imbalan kerja
Penentuan kewajiban dan biaya liabilitas imbalan
kerja Perusahaan bergantung pada pemilihan
asumsi yang digunakan oleh aktuaris independen
dalam menghitung jumlah-jumlah tersebut. Asumsi
tersebut termasuk antara lain, tingkat diskonto,
tingkat
kenaikan
gaji
tahunan,
tingkat
pengunduran diri karyawan tahunan, tingkat cacat,
umur pensiun dan tingkat kematian. Keuntungan
atau kerugian aktuarial yang timbul dari
penyesuaian dan perubahan dalam asumsiasumsi aktuarial diakui secara langsung sebagai
Penghasilan Komprehensif Lain yang disajikan
pada bagian ekuitas pada laporan posisi
keuangan dalam periode terjadinya. Meskipun
Perusahaan berkeyakinan bahwa asumsi tersebut
adalah wajar dan sesuai, perbedaan signifikan
pada hasil aktual atau perubahan signifikan dalam
asumsi yang ditetapkan Perusahaan dapat
mempengaruhi secara material liabilitas diestimasi
dan beban imbalan kerja neto. Penjelasan lebih
rinci diungkapkan dalam Catatan 19.
Employee benefits
The determination of the Companys obligations
and costs for employee benefits liabilities are
dependent on its selection of certain assumptions
used by the independent actuaries in calculating
such amounts. Those assumptions include among
others, discount rates, annual salary increase rates,
annual employee turn-over rates, disability rates,
retirement age and mortality rates. Actuarial gains
or losses arising from experience adjustments and
changes in actuarial assumptions are recognized
immediately to Other Comprehensive Income and
is presented under equity section in the statement
of financial position in the period in which they
occur. While the Company believes that its
assumptions are reasonable and appropriate,
significant differences in the Companys actual
results or significant changes in the Companys
assumptions may materially affect its estimated
liabilities for employee benefits and net employee
benefits expense. Further details are disclosed in
Note 19.
40
3.
3.
Pajak penghasilan
Income tax
Pertimbangan
signifikan
dilakukan
dalam
menentukan penyisihan atas pajak penghasilan
badan. Terdapat transaksi dan perhitungan
tertentu yang penentuan pajak akhirnya adalah
tidak pasti sepanjang kegiatan usaha normal.
Perusahaan mengakui liabilitas atas pajak
penghasilan badan berdasarkan estimasi apakah
akan terdapat tambahan pajak penghasilan badan.
41
4.
4.
2015
Kas
Rupiah
Dolar Amerika Serikat
Kas di bank
Pihak ketiga:
Rekening Rupiah:
PT Bank Mandiri (Persero) Tbk
PT Bank Central Asia Tbk
The Bank of Tokyo-Mitsubishi
UFJ Ltd., Jakarta
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mizuho Indonesia
PT Bank Resona Perdania
PT Bank National Nobu Tbk
PT Bank Muamalat Indonesia Tbk
Citibank N.A., Jakarta
Rekening Euro:
PT Bank Central Asia Tbk
87.874.300
-
103.387.102
62.205.598
87.874.300
165.592.700
11.518.106.722
3.121.385.443
3.087.248.740
4.046.405.487
2.956.898.835
1.211.671.753
2.455.545.702
1.638.621.009
1.616.475.722
20.998.129
9.628.862
-
1.737.674.917
975.181.493
374.864.585
90.608.940
9.625.987
36.361.107
23.337.660.424
11.569.643.009
40.669.903.619
11.275.288.760
547.366.701
19.803.339.874
4.419.002.856
12.362.126
357.959.695
77.801.626
52.850.518.775
24.312.506.482
1.646.254.203
798.701.989
63.117.813
921.317.298
1.720.829.522
57.571.020
2.508.074.005
2.699.717.840
723.899.506
295.598.163
79.420.152.710
38.877.465.494
67.500.000.000
20.000.000.000
-
45.000.000.000
87.500.000.000
45.000.000.000
167.008.027.010
84.043.058.194
Cash on hand
Rupiah
U.S. Dollar
Cash in banks
Third parties:
Rupiah accounts:
PT Bank Mandiri (Persero) Tbk
PT Bank Central Asia Tbk
The Bank of Tokyo-Mitsubishi
UFJ Ltd., Jakarta
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mizuho Indonesia
PT Bank Resona Perdania
PT Bank National Nobu Tbk
PT Bank Muamalat Indonesia Tbk
Citibank N.A., Jakarta
Euro Account:
PT Bank Central Asia Tbk
42
4.
4.
PIUTANG USAHA
5.
TRADE RECEIVABLES
The following is an analysis of trade receivables by
currency:
Keterangan
Mata uang
asing/
Foreign
currency
Yen Jepang:
Toto Aquatechno Ltd
Toto Limited, Jepang
Toto Bath Create
Descriptions
473.216.199.967
1.232.550
465.526.848.520
-
473.217.432.517
465.526.848.520
808.704
398.603
195.441
88.719
232.607
930.670
150.642
260.624
10.060.277.760
4.958.621.320
2.431.286.040
1.103.664.360
2.893.631.080
11.577.534.800
1.873.986.480
3.242.162.560
37.935
523.313.325
252.882
3.145.852.080
25.863
356.780.085
52.647
654.928.680
2.673.227
36.877.166.465
3.371.539
41.941.945.160
7.436.907
5.823.706
7.525
851.674.590
666.930.811
861.763
11.520.565
3.905.948
-
1.201.018.901
407.195.079
-
13.268.138
1.519.467.164
15.426.513
1.608.213.980
Pihak ketiga:
Domestik:
Rupiah
Setara Rupiah/
Rupiah
equivalent
9.208.921.225
7.165.040.230
4.982.353.945
3.655.826.745
3.053.509.455
2.966.766.495
2.864.766.265
2.099.888.695
Setara Rupiah/
Rupiah
equivalent
667.555
519.394
361.171
265.011
221.349
215.061
207.667
152.221
Luar negeri:
Dolar Amerika Serikat
2014
Mata uang
asing/
Foreign
currency
Overseas:
U.S. Dollar:
Toto Asia Oceania
Toto Vietnam Co., Ltd
W. Atelier Sdn., Bhd.
Toto India Industries Pvt. Ltd
Toto USA Inc.
W. Atelier Pte., Ltd.
Toto (H.K.), Ltd
Taiwan Toto Co., Ltd
Toto Manufacturing
(Thailand) Co., Ltd
Others (below Rp500 million each)
Japanese Yen:
Toto Aquatechno Ltd
Toto Limited, Japan
Toto Bath Create
38.396.633.629
43.550.159.140
511.614.066.146
509.077.007.660
4.640.180.306
Third parties:
Domestic:
Rupiah
5.814.941.160
Overseas:
U.S. Dollar
11.414.480.027
10.455.121.466
523.028.546.173
519.532.129.126
4.967.814.422
467.319
6.446.665.605
43
467.439
5.
5.
Luar negeri
1 bulan
> 1 bulan - 3 bulan
> 3 bulan - 6 bulan
Lebih dari 6 bulan
6.
2014
160.164.826.588
316.460.865.676
190.957.764
1.368.583.116
158.439.387.722
310.688.841.237
268.345.533
770.454.334
478.185.233.144
470.167.028.826
41.371.839.071
3.471.473.958
-
40.389.375.183
8.972.946.768
2.778.349
44.843.313.029
49.365.100.300
523.028.546.173
519.532.129.126
Domestic
1 month
> 1 month - 3 months
> 3 months - 6 months
More than 6 months
Overseas
1 month
> 1 month - 3 months
> 3 months - 6 months
More than 6 months
PIUTANG LAIN-LAIN
6.
2015
OTHER RECEIVABLES
2014
Related parties: (Note 30)
Scrap sale receivables
12.361.547.053
10.272.691.705
1.606.668.853
531.963.509
13.968.215.906
10.804.655.214
8.029.783.041
6.617.045.624
7.438.304.535
563.536.332
2.118.852.000
8.593.319.373
16.174.202.159
22.561.535.279
26.978.857.373
44
6.
6.
2014
63.726.016.163
(65.536.592.538)
57.177.976.747
(54.549.303.970)
(1.810.576.375)
2.628.672.777
7.
Proceeds
Cost of goods sold
PERSEDIAAN
7.
2015
INVENTORIES
2014
Barang jadi
Barang dalam proses
Bahan baku
Bahan pembantu
202.016.711.955
212.103.237.960
162.436.444.466
41.916.904.481
130.833.288.804
160.751.058.392
116.838.929.046
35.298.795.369
Finished goods
Work in process
Raw materials
Stores and supplies
618.473.298.862
-
443.722.071.611
14.046.440.559
Inventory in-transit
618.473.298.862
457.768.512.170
Total persediaan
Dikurangi:
Penyisihan atas keusangan persediaan:
Barang jadi
Barang dalam proses
Bahan baku
Bahan pembantu
(5.529.154.514)
(2.900.411.316)
(607.759.329)
(6.100.910.477)
(15.138.235.636)
603.335.063.226
(1.183.377.308)
(2.136.639.371)
(426.168.158)
(1.910.135.767)
Total inventories
Less:
Allowance for inventories obsolescence:
Finished goods
Work in process
Raw materials
Stores and supplies
2014
Saldo awal
Penyisihan selama tahun berjalan
Penghapusan persediaan
5.656.320.604
16.641.959.460
(7.160.044.428)
6.037.469.926
31.930.222
(413.079.544)
Saldo akhir
15.138.235.636
5.656.320.604
Beginning balance
Allowance during the year
Inventories write-off
Ending balance
45
7.
8.
PERSEDIAAN (lanjutan)
7.
INVENTORIES (continued)
PERPAJAKAN
a.
8.
a.
2015
b.
Prepaid tax
2014
2.051.140.641
2.051.140.641
Utang pajak
b. Taxes payable
2015
c.
TAXATION
2014
9.407.638.578
6.993.957.622
2.814.964.986
242.676.011
16.869.175.398
6.350.988.534
308.316.513
2.320.172.719
397.851.559
19.459.237.197
26.246.504.723
c.
2015
2014
110.093.833.818
(13.756.717.860)
109.394.602.911
(9.843.809.877)
2.306.266.725
(13.092.532.142)
96.337.115.958
46
88.764.527.617
8.
PERPAJAKAN (lanjutan)
c.
8.
TAXATION (continued)
c.
2014
17.241.135.984
342.500.000
17.583.635.984
pajak
(18.259.415.681)
270.000.000
(17.989.415.681)
d.
Re-measurement gain/(loss) of
employee benefits liability
Unrealized gain on available-for-sale
financial assets
Income tax charged directly to
other comprehensive income
2015
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
381.573.896.617
384.625.560.340
(4.057.924.922)
(6.383.860.365)
7.832.492.141
19.961.472.163
3.774.567.219
13.577.611.798
47
8.
PERPAJAKAN (lanjutan)
d.
Perhitungan
penghasilan
(lanjutan)
8.
d. Calculation of current
income
tax
payable
(continued)
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
2015
year corporate
and
expense
Ditambah/(dikurangi) perbedaan
temporer:
Selisih penyusutan aset tetap
antara fiskal dan laporan
keuangan setelah dikurangi
pembayaran utang sewa
pembiayaan
Liabilitas imbalan kerja jangka
panjang
Penyisihan atas keusangan
persediaan
TAXATION (continued)
(2.174.700.732)
(9.173.967.928)
47.719.657.136
48.930.356.760
9.481.915.032
(381.149.324)
55.026.871.436
39.375.239.508
440.375.335.272
437.578.411.646
110.093.833.818
109.394.602.911
(21.070.471.937)
(158.351.928)
(79.457.371.375)
(18.541.965.116)
(55.462.846)
(73.927.999.551)
(100.686.195.240)
(92.525.427.513)
9.407.638.578
16.869.175.398
Less prepayments:
Income tax article 22
Income tax article 23
Income tax article 25
Under-payment
corporate income tax (Note 8b)
48
8.
PERPAJAKAN (lanjutan)
d.
Perhitungan
penghasilan
(lanjutan)
e.
8.
d. Calculation of current
income
tax
payable
(continued)
year corporate
and
expense
2015
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
381.573.896.617
384.625.560.340
95.393.474.154
96.156.390.085
(1.014.481.229)
(1.595.965.091)
1.958.123.033
4.990.368.040
(13.092.532.142)
2.306.266.725
96.337.115.958
88.764.527.617
e.
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
2015
Aset pajak tangguhan:
Liabilitas imbalan kerja jangka
panjang
Penyisihan atas keusangan
persediaan
TAXATION (continued)
100.986.034.246
3.784.558.909
1.414.080.151
99.459.371.454
102.400.114.397
(24.233.592.960)
(1.939.000.000)
(23.689.917.779)
(1.596.500.000)
(26.172.592.960)
(25.286.417.779)
73.286.778.494
77.113.696.618
49
8.
PERPAJAKAN (lanjutan)
e. Aset dan liabilitas pajak tangguhan
(lanjutan)
Rincian manfaat pajak tangguhan adalah
sebagai berikut:
8.
2014
(Disajikan Kembali Catatan 19 dan 38)/
(As Restated Notes 19 and 38)
2015
Manfaat pajak tangguhan yang
dicatat di laporan laba rugi dan
penghasilan komprehensif lain
tahun berjalan:
Liabilitas imbalan kerja jangka
panjang
Penyisihan atas keusangan
persediaan
Aset tetap dan utang sewa
pembiayaan
TAXATION (continued)
e. Deferred
tax
assets
and
liabilities
(continued)
The details of deferred tax benefit are as
follows:
(12.232.589.190)
95.287.331
2.293.491.982
(9.843.809.877)
Deferred tax benefit recorded in
the statements of financial position
as part of equity:
17.241.135.984
342.500.000
(18.259.415.681)
270.000.000
17.583.635.984
(17.989.415.681)
3.826.918.124
(27.833.225.558)
Ketetapan pajak
Tahun fiskal 2009
Pada tanggal 22 Desember 2014, Perusahaan
menerima Surat Ketetapan Pajak Kurang
Bayar (SKPKB) pajak penghasilan badan
untuk tahun 2009 sejumlah Rp2.306.266.725.
Perusahaan menerima ketetapan pajak
tersebut dan telah mencatat koreksi pajak
tersebut sebagai beban pajak penghasilan
badan pada laporan laba rugi dan penghasilan
komprehensif lain tahun 2014.
f.
50
8.
PERPAJAKAN (lanjutan)
f. Ketetapan pajak (lanjutan)
Tahun fiskal 2009 (lanjutan)
Perusahaan juga menerima SKPKB dan Surat
Tagihan
Pajak
(STP)
untuk
pajak
penghasilan pasal 21, pajak pertambahan nilai
dan pajak penjualan atas barang mewah tahun
2009, termasuk denda, masing-masing
sebesar Rp154.673.909, Rp519.157.915, and
Rp2.294.084.978.
Perusahaan
menerima
ketetapan pajak tersebut dan telah mencatat
koreksi pajak sebagai beban lainnya pada
laporan
laba
rugi
dan
penghasilan
komprehensif lain tahun 2014.
Pada tanggal 26 Januari 2015, Perusahaan
telah melakukan saling hapus atas kekurangan
bayar pajak tahun 2009 dengan pengembalian
pajak penghasilan badan tahun 2010.
Tahun fiskal 2010
Pada tanggal 26 April 2012, Perusahaan
menerima SKPKB pajak penghasilan badan
untuk tahun 2010 sejumlah Rp7.216.251.949
(jumlah lebih bayar yang telah dilaporkan oleh
Perusahaan
sebesar
Rp5.876.280.193).
Perusahaan telah membayar kurang bayar
pajak penghasilan badan tahun 2010 tersebut
sebesar Rp7.216.251.949 (termasuk denda
administrasi sebesar Rp1.749.394.412) pada
tanggal 25 Mei 2012. Perusahaan juga
menerima STP dan SKPKB untuk pajak
penghasilan pasal 21 dan 23, pajak
pertambahan nilai dan pajak penjualan atas
barang mewah (PPNBM) tahun 2010,
masing-masing
sebesar
Rp12.473.154,
Rp12.912.422,
Rp3.329.416.260
dan
Rp9.544.625.391.
Pada tanggal 25 Mei 2012, Perusahaan telah
membayar kekurangan pajak tersebut dan
mencatat koreksi pajak tersebut sebagai
beban lainnya pada laporan keuangan tahun
2012.
Pada tanggal 13 Juli 2012, Perusahaan
mengajukan keberatan atas SKPKB pajak
penghasilan badan, pajak pertambahan nilai
dan PPNBM untuk tahun 2010 masing-masing
sebesar Rp13.092.532.142, Rp3.329.416.260
dan Rp9.544.625.391.
8.
TAXATION (continued)
f. Tax assessments (continued)
Fiscal year 2009 (continued)
The Company also received several tax
assessment letters and tax collection letters for
underpayments of 2009 income tax article 21,
value added tax and sales tax on luxury goods
including
tax
penalties
amounting
to
Rp154,673,909,
Rp519,157,915,
and
Rp2,294,084,978, respectively. The Company
accepted the tax assessments and has
recorded the tax corrections as other
expenses in the 2014 statement of profit or
loss and other comprehensive income.
The Company has offsetted the 2009
underpayments with the tax refund of the 2010
corporate income tax on January 26, 2015.
Fiscal year 2010
On April 26, 2012, the Company received a tax
assessment letter for underpayment of 2010
corporate
income
tax
amounting
to
Rp7,216,251,949 (the Company reported
overpayment amounting to Rp5,876,280,193).
The Company paid the underpayment of the
2010 corporate income tax amounting to
Rp7,216,251,949
(including
penalty
of
Rp1,749,394,412) on May 25, 2012. The
Company also received several tax collection
letters and tax assessment letters on
underpayment of 2010 income tax articles 21
and 23, value added tax and sales tax on
luxury goods amounting to Rp12,473,154,
Rp12,912,422,
Rp3,329,416,260
and
Rp9,544,625,391, respectively.
On May 25, 2012, the Company has paid the
tax underpayment and recorded the tax
corrections as other expenses in the 2012
financial statements.
On July 13, 2012, the Company has submitted
an objection request of this underpayment
assessment of 2010 corporate income tax,
value added tax and sales tax on luxury goods
amounting
to
Rp13,092,532,142,
Rp3,329,416,260
and
Rp9,544,625,391,
respectively.
On July 12, 2013, the objection was rejected by
the Tax Office for the corporate income tax and
sales tax on luxury goods, but the objection for
value added tax was accepted. Subsequently,
the Company submitted an appeal letter for the
corporate income tax and sales tax on luxury
goods to the Tax Court on October 7, 2013.
51
8.
PERPAJAKAN (lanjutan)
f. Ketetapan pajak (lanjutan)
Tahun fiskal 2010 (lanjutan)
Pada tanggal 10 November 2014, Pengadilan
Pajak menolak banding atas PPNBM Januari
sampai Desember 2010 dan menerima pajak
penghasilan
badan
2010.
Perusahaan
mencatat pengembalian pajak penghasilan
badan 2010 sebagai bagian dari beban pajak
penghasilan badan pada laporan laba rugi dan
penghasilan komprehensif lain tahun 2014.
Pada tanggal 30 Januari 2015, Perusahaan
mengajukan
peninjauan
kembali
ke
Mahkamah Agung sehubungan dengan
keputusan Pengadilan Pajak atas banding
Perusahaan dan surat tersebut telah diterima
oleh Mahkamah Agung pada tanggal
2 Februari 2015.
Pada tanggal 19 November 2014, Perusahaan
menerima Surat Ketetapan Pajak tambahan
denda PPNBM periode Januari sampai Juni
2010 sebesar Rp378.742.918. Pada tanggal
15 Desember 2014, Perusahaan mengajukan
keberatan atas tambahan denda PPNBM
periode Januari sampai Juni 2010 tersebut
kepada Direktorat Jendral Pajak. Perusahaan
telah melakukan saling hapus atas kekurangan
pajak tersebut tersebut dengan pengembalian
pajak penghasilan badan tahun 2010 dan telah
mencatat koreksi pajak tersebut sebagai
beban lainnya pada laporan laba rugi dan
penghasilan komprehensif lain tahun 2014.
Pada tanggal 15 Desember 2014, Perusahaan
mengajukan keberatan atas tambahan denda
PPNBM periode Januari sampai Juni 2010
tersebut kepada Direktorat Jendral Pajak.
Pada tanggal 6 Januari 2015, Perusahaan
menerima Surat Ketetapan Pajak tambahan
denda PPNBM periode Juli sampai Desember
2010 sebesar Rp909.339.832. Pada tanggal
5 Februari 2015, Perusahaan telah membayar
denda pajak tersebut dan mencatat koreksi
pajak tersebut sebagai beban lainnya pada
laporan
laba
rugi
dan
penghasilan
komprehensif lain tahun 2014. Pada tanggal
22 Januari 2015, Perusahaan mengajukan
keberatan atas tambahan denda PPNBM
periode Juli sampai Desember 2010 tersebut
kepada Direktorat Jendral Pajak.
Pada tanggal 26 Januari 2015, Perusahaan
menerima pengembalian pajak atas pajak
penghasilan
badan
2010
sebesar
Rp7.438.304.535 setelah saling hapus dengan
kekurangan pembayaran pajak tahun 2009
dan PPNBM periode Januari sampai Juni
2010.
Sampai dengan tanggal penyelesaian laporan
keuangan ini, belum terdapat hasil peninjauan
kembali dan keberatan pajak yang diterima
oleh Perusahaan.
8.
TAXATION (continued)
f. Tax assessments (continued)
Fiscal year 2010 (continued)
On November 10, 2014, the Tax Court issued
decision letter rejecting appeal of January to
December 2010 sales tax on luxury goods and
accepted the 2010 corporate income tax. The
Company recorded the 2010 corporate income
tax refund as part of the corporate income tax
expense in the 2014 statement of profit or loss
and other comprehensive income.
On January 30, 2015, the Company filed a
judicial review to the Supreme Court in respect
of the Tax Court decision in relation to the
Companys appeal letter and the letter was
received by Supreme Court on February 2,
2015.
On November 19, 2014, the Company received
a tax assessment letter confirming an additional
penalty of 2010 sales tax on luxury goods
amounting to Rp378,742,918 for period January
to June 2010. On December 15, 2014, the
Company filed an objection on the additional
penalty of 2010 sales tax on luxury goods for
period January to June 2010 to the Directorate
General of Taxes. The Company has offsetted
the underpayment with the tax refund of the
2010 corporate income tax and recorded the tax
corrections as other expenses in the 2014
statement of profit or loss and other
comprehensive income. On December 15,
2014, the Company filed an objection on the
additional penalty of 2010 sales tax on luxury
goods for period January to June 2010 to the
Directorate General of Taxes.
On January 6, 2015, the Company received a
tax assessment letter confirming an additional
penalty of 2010 sales tax on luxury goods
amounting to Rp909,339,832 for period July to
December 2010. On February 5, 2015, the
Company has paid the additional penalty and
recorded the tax corrections as other expenses
in the 2014 statement of profit or loss and other
comprehensive income. On January 22, 2015,
the Company filed an objection on the
additional penalty of 2010 sales tax on luxury
goods for period July to December 2010 to the
Directorate General of Taxes.
On January 26, 2015, the Company has
received the tax refund on the 2010 corporate
income tax amounted to Rp7,438,304,535 after
offsetting with the 2009 tax underpayments and
the sales tax on luxury goods for period January
to June 2010.
Until the completion date of these financial
statements, there is no result of the tax judicial
review and objection communicated to the
Company.
52
8.
9.
PERPAJAKAN (lanjutan)
f. Ketetapan pajak (lanjutan)
8.
TAXATION (continued)
f. Tax assessments (continued)
9.
2015
PREPAYMENTS
2014
27.244.934.982
30.066.389.516
1.064.138.175
856.590.131
1.769.219.878
1.415.092.133
30.078.293.035
32.338.071.780
53
Penambahan/
Additions
Pengurangan/
Deductions
Reklasifikasi/
Reclassifications
Saldo
31 Desember
2015/
Balance
December 31,
2015
2015 Movements
Nilai tercatat
Pemilikan langsung:
Tanah
Bangunan dan prasarana
Mesin
Peralatan pabrik
Peralatan kantor
Kendaraan bermotor
Carrying value
27.732.518.798
488.878.831.453
612.598.557.882
118.816.336.302
98.287.055.781
5.696.500.943
1.034.800.000
32.841.175.937
14.058.546.416
4.462.840.336
305.031.500
(1.285.121.812)
(10.973.878.485)
(3.745.035.974)
(9.815.239.923)
(519.491.600)
1.352.009.801.159
52.702.394.189
(26.338.767.794)
2.756.975.000
8.937.510.000
818.000.000
72.897.218.600
50.046.457.981
189.810.000
1.256.000.000
655.000.000
27.732.518.798
561.525.728.241
684.512.313.315
129.319.656.744
94.190.656.194
6.137.040.843
125.044.486.581 1.503.417.914.135
(1.256.000.000)
(655.000.000)
1.500.975.000
9.100.510.000
(1.911.000.000)
10.601.485.000
11.694.485.000
818.000.000
1.363.704.286.159
66.486.400.657
53.520.394.189
106.499.813.164
1.430.190.686.816
160.020.207.353
(26.338.767.794)
214.414.995.969
246.257.153.486
86.777.422.852
68.134.808.437
4.789.584.367
21.513.226.195
34.767.160.618
16.062.804.401
11.044.420.104
578.532.373
(1.032.144.992)
(7.924.391.800)
(3.579.143.605)
(7.752.945.101)
(451.399.100)
961.916.667
382.083.333
234.896.077.172
273.099.922.304
99.261.083.648
72.388.200.107
5.298.800.973
620.373.965.111
83.966.143.691
(20.740.024.598)
1.344.000.000
684.944.084.204
1.205.294.946
1.494.060.667
598.243.747
1.847.418.666
2.699.355.613
2.445.662.413
623.073.320.724
86.411.806.104
(961.916.667)
(382.083.333)
(1.344.000.000)
(20.740.024.598)
841.622.026
2.959.396.000
875.127.024.145
Saldo
31 Desember
2013/
Balance
December 31,
2013
Saldo
31 Desember
2014/
Balance
December 31,
2014
Pengurangan/
Deductions
Reklasifikasi/
Reclassifications
3.801.018.026
807.117.366.092
Penambahan/
Additions
Direct ownership:
Buildings and structures
Machinery
Factory tools
Office equipment
Motor vehicles
688.745.102.230
Construction in-progress
Accumulated depreciation
2014 Movements
Nilai tercatat
Pemilikan langsung:
Tanah
Bangunan dan prasarana
Mesin
Peralatan pabrik
Peralatan kantor
Kendaraan bermotor
- 1.563.872.126.375
Akumulasi penyusutan
Pemilikan langsung:
Bangunan dan prasarana
Mesin
Peralatan pabrik
Peralatan kantor
Kendaraan bermotor
Direct ownership:
Land
Buildings and structures
Machinery
Factory tools
Office equipment
Motor vehicles
Carrying value
27.732.518.798
365.194.554.785
462.566.698.633
102.202.278.601
80.030.366.911
6.223.043.524
260.000.000
10.092.089.562
4.494.242.834
20.377.749.405
150.685.637
(207.367.405)
(1.381.473.304)
(3.739.378.418)
(5.758.383.630)
(1.607.228.218)
1.043.949.461.252
35.374.767.438
(12.693.830.975)
2.756.975.000
3.690.900.000
6.176.610.000
123.631.644.073
141.321.242.991
15.859.193.285
3.637.323.095
930.000.000
27.732.518.798
488.878.831.453
612.598.557.882
118.816.336.302
98.287.055.781
5.696.500.943
285.379.403.444 1.352.009.801.159
(930.000.000)
2.756.975.000
8.937.510.000
(930.000.000)
11.694.485.000
6.447.875.000
6.176.610.000
1.050.397.336.252
71.982.261.310
41.551.377.438
278.953.542.791
1.122.379.597.562
320.504.920.229
(12.693.830.975)
54
Direct ownership:
Land
Buildings and structures
Machinery
Factory tools
Office equipment
Motor vehicles
- 1.430.190.686.816
Construction in-progress
Saldo
31 Desember
2013/
Balance
December 31,
2013
Penambahan/
Additions
Pengurangan/
Deductions
Reklasifikasi/
Reclassifications
Saldo
31 Desember
2014/
Balance
December 31,
2014
18.753.985.018
26.271.765.849
12.917.980.860
8.856.946.099
776.298.353
(152.471.558)
(1.169.918.749)
(3.688.499.165)
(3.506.193.893)
(1.583.898.219)
558.000.000
214.414.995.969
246.257.153.486
86.777.422.852
68.134.808.437
4.789.584.367
562.339.970.516
67.576.976.179
(10.100.981.584)
558.000.000
620.373.965.111
516.051.193
740.606.666
689.243.753
1.311.454.001
1.256.657.859
2.000.697.754
563.596.628.375
69.577.673.933
(558.000.000)
(558.000.000)
(10.100.981.584)
558.782.969.187
1.205.294.946
1.494.060.667
Direct ownership:
Buildings and structures
Machinery
Factory tools
Office equipment
Motor vehicles
2.699.355.613
623.073.320.724
807.117.366.092
2014
Hasil penjualan
Nilai buku aset tetap dijual
2.593.491.522
2.419.054.538
650.090.909
23.329.999
Proceeds
Book value on sales of fixed assets
174.436.984
3.179.688.658
626.760.910
2.569.519.392
(3.005.251.674)
(1.942.758.482)
Aset
dalam
penyelesaian
sebesar
Rp49.852.727.240
pada 31 Desember 2015
merupakan pembangunan di Tomang, pabrik
Serpong, Cikupa dan Pasar Kemis. Jumlah aset
dalam penyelesaian ini merupakan 81% dari
perkiraan nilai bangunan tersebut. Pekerjaan ini
diperkirakan selesai pada tahun 2016.
Construction
in
progress
amounting
to
Rp49,852,727,240 as of December 31, 2015
represents the construction at Tomang and factory
at Serpong, Cikupa and Pasar Kemis. The
percentages of completion was 81% from the
estimated value of the building. The construction in
progress are expected to be completed in 2016.
55
2014
Advance payments of investment
in associates (Notes 30, 33j.i, ii)
85.417.750.000
16.679.600.000
27.250.000.000
27.250.000.000
17.403.940.830
8.350.000.000
4.642.760.372
7.933.332.695
6.980.000.000
4.308.620.946
143.064.451.202
63.151.553.641
2014
Pihak ketiga:
The Bank of Tokyo-Mitsubishi
UFJ Ltd., Jakarta
PT Bank Resona Perdania
PT Bank Mizuho Indonesia
95.000.000.000
40.000.000.000
40.000.000.000
60.000.000.000
40.000.000.000
35.000.000.000
Third parties:
The Bank of Tokyo-Mitsubishi
UFJ Ltd., Jakarta
PT Bank Resona Perdania
PT Bank Mizuho Indonesia
175.000.000.000
135.000.000.000
56
57
Keterangan
Pihak-pihak berelasi:
(Catatan 30)
Utang usaha:
Rupiah:
PT Dian Surya Global
Lainnya (masing-masing di bawah
Rp400 juta)
Yen Jepang:
Toto Limited, Jepang
Dolar Amerika Serikat:
Toto USA
PT Dian Surya Global
Lainnya (masing-masing di bawah
Rp15 juta)
Mata uang
asing/
Foreign
currency
Mata uang
asing/
Foreign
currency
Description
Related parties: (Note 30)
Trade payables:
Rupiah:
PT Dian Surya Global
17.505.882.726
15.301.301.662
102.292.328
405.548.950
541.060
61.962.191
89.950
9.377.288
9.682
-
133.563.190
-
407
5.063.080
50.400
695.268.000
230
2.861.200
18.498.968.435
1.038.458
445.739
13.410.572
2.885
80.209.699.297
14.325.528.110
6.717.144.093
1.535.778.705
28.132.183
3.535.173
1.094.154
14.461.779
56.287
102.816.282.388
Usance letters of credit:
PT Bank Mizuho Indonesia:
(Catatan 33a.ii)
Dolar Amerika Serikat
Yen Jepang
Euro
Setara
Rupiah/
Rupiah
equivalent
2014
Setara
Rupiah/
Rupiah
equivalent
5.331.980
37.621.620
1.314.637
73.554.664.100
4.308.427.922
19.811.158.906
97.674.250.928
15.724.152.180
81.477.979.849
43.977.552.120
16.558.127.903
1.507.640.460
541.930.673
Third parties:
Trade payables:
Rupiah
U.S. Dollar
Euro
Japanese Yen
Singaporean Dollar
144.063.231.005
6.306.187
74.384.541
-
78.448.966.280
7.754.588.399
-
86.203.554.679
97.674.250.928
86.203.554.679
200.490.533.316
230.266.785.684
218.989.501.751
245.990.937.864
Luar negeri/
Overseas
Total/
Total
1 bulan
> 1 bulan - 3 bulan
> 3 bulan - 6 bulan
Lebih dari 6 bulan
69.425.725.748
29.682.540.320
557.792.079
894.000.424
41.717.057.927
28.443.180.752
43.107.010.067
5.162.194.434
111.142.783.675
58.125.721.072
43.664.802.146
6.056.194.858
1 month
> 1 month - 3 months
> 3 months - 6 months
More than 6 months
100.560.058.571
118.429.443.180
218.989.501.751
31 Desember 2014
Luar negeri/
Overseas
Total/
Total
1 bulan
> 1 bulan - 3 bulan
> 3 bulan - 6 bulan
Lebih dari 6 bulan
85.489.698.957
29.542.139.802
35.213.302
1.523.622.998
48.181.138.697
34.364.397.467
44.257.274.731
2.597.451.910
133.670.837.654
63.906.537.269
44.292.488.033
4.121.074.908
1 month
> 1 month - 3 months
> 3 months - 6 months
More than 6 months
116.590.675.059
129.400.262.805
245.990.937.864
58
14. LIABILITAS
PENDEK
IMBALAN
KERJA
JANGKA
14. SHORT-TERM
LIABILITIES
2015
EMPLOYEE
BENEFITS
2014
3.226.307.080
62.949.460.248
2.855.880.785
54.444.582.351
66.175.767.328
57.300.463.136
2014
8.380.111.927
3.493.019.400
1.004.856.752
358.114.188
8.557.618.835
11.374.266.088
924.120.888
1.407.103.680
3.777.401.964
1.706.658.673
17.013.504.231
23.969.768.164
2015
2014
Type of assets
under finance lease
Sewa pembiayaan:
Finance lease:
Kendaraan bermotor
dan peralatan kantor
8.208.437.888
2.924.026.852
Kendaraan bermotor
Peralatan kantor
Kendaraan bermotor
1.132.986.593
393.034.119
357.844.254
1.557.427.736
1.214.631.077
949.660.764
Motor vehicles
Office equipment
Motor vehicles
10.092.302.854
4.912.970.382
6.645.746.429
2.915.404.418
5.179.332.472
3.730.342.011
Long-term portion
Leasing companies
59
2014
10.381.262.274
(288.959.420)
7.196.586.649
(550.840.220)
10.092.302.854
6.645.746.429
4.912.970.382
2.915.404.418
3.860.374.389
1.318.958.083
2.322.658.830
1.268.306.397
139.376.784
Current portion
Long-term portion:
2016
2017
2018
5.179.332.472
3.730.342.011
10.092.302.854
6.645.746.429
2014
41.433.719.055
1.474.925.253
20.777.157.939
1.428.769.978
882.541.574
829.693.953
43.791.185.882
23.035.621.870
2015
2014
Notes
30iii
11.759.826.305
11.535.224.459
30iii
30vii
30v
924.696.893
57.350.785
808.841.035
58.409.432
30vii
30v
12.741.873.983
12.402.474.926
1.888.000.993
1.678.503.803
30iv
14.629.874.976
14.080.978.729
30iv
60
19. LIABILITAS
PANJANG
IMBALAN
KERJA
JANGKA
Tingkat diskonto
Tingkat kenaikan gaji
Tingkat kematian
Umur pensiun
Tingkat cacat
31 Desember 2015/
December 31, 2015
31 Desember 2014/
December 31, 2014
1 Januari 2014/
January 1, 2014
31 Desember 2013/
December 31, 2013
9%
10%
TMI III-2011*)
55 tahun/55 years
10% dari tingkat
mortalitas/10% from
mortality rate
8%
11%
TMI III-2011*)
55 tahun/55 years
10% dari tingkat
mortalitas/10% from
mortality rate
9%
10%
TMI III-2011*)
55 tahun/55 years
10% dari tingkat
mortalitas/10% from
mortality rate
Discount rate
Salary increase rate
Mortality rate
Retirement age
Disability rate
31 Desember 2015/
December 31, 2015
403.944.136.981
24.933.951.035
32.315.530.958
1.098.896.055
(732.415.635)
57.615.962.413
(Keuntungan)/kerugian
pengukuran kembali diakui
dalam penghasilan
komprehensif lain:
Perubahan aktuarial yang timbul
dari perubahan asumsi
aktuarial
Penyesuaian atas pengalaman
Perubahan lainnya
1 Januari 2014/
January 1, 2014
31 Desember 2014/
31 Desember 2013/
December 31, 2014 *) December 31, 2013 *)
281.976.117.498
29.340.001.876
25.377.850.577
286.886.711
191.771.093
55.196.510.257
9.816.046.000
(76.249.491.183)
7.284.947.246
-
67.668.631.122
5.369.031.601
-
60.282.045.817
(68.964.543.937)
73.037.662.723
60.282.045.817
(9.896.305.277)
(6.266.153.497)
382.699.250.180
403.944.136.981
Re-measurement (gain)/loss
recognized in other
comprehensive income:
Actuarial changes arising from
changes in actuarial
assumptions
Experience adjustment
Other changes
Benefits paid
281.976.117.498
61
19. LIABILITAS
IMBALAN
KERJA
JANGKA
PANJANG (lanjutan)
Mutasi kerugian aktuarial yang diakui sebagai
penghasilan komprehensif lain dan disajikan
sebagai Kerugian aktuarial atas imbalan pasca
kerja pada laporan posisi keuangan adalah
sebagai berikut:
31 Desember 2015/
December 31, 2015
1 Januari 2014/
January 1, 2014
31 Desember 2014/
31 Desember 2013/
December 31, 2014 *) December 31, 2013 *)
(108.884.972.178)
(54.106.725.136)
68.964.543.937
(73.037.662.723)
(17.241.135.984)
18.259.415.681
15.070.511.454
51.723.407.953
(54.778.247.042)
(45.211.534.363)
(57.161.564.225)
(108.884.972.178)
(54.106.725.136)
*) As restated - Note 38
Kenaikan
(penurunan)/
Increase (decrease)
Assumptions
Tingkat diskonto
Tingkat kenaikan gaji tahunan
1%/(1%)
1%/(1%)
21.697.975.586/(28.897.689.292)
28.797.323.628/(21.717.293.928)
Discount rate
Future annual salary increase
defined
1 Januari 2014/
January 1, 2014
31 Desember 2014/
31 Desember 2013/
December 31, 2014 *) December 31, 2013 *)
Dalam 1 tahun
Antara 2 - 5 tahun
Lebih dari 5 tahun
7.038.162.519
8.505.139.000
83.578.138.206
56.304.763.000
6.076.120.232.877 5.252.219.881.000
6.051.882.000
49.215.493.000
2.765.674.335.000
Total
6.166.736.533.602 5.317.029.783.000
2.820.941.710.000
Total
*) As restated - Note 38
62
20.
MODAL SAHAM
Total saham/
Number of shares
Pemegang saham
Toto Limited, Jepang
PT Multifortuna Asindo
PT Suryaparamitra Abadi
Publik (masing-masing
dengan kepemilikan
kurang dari 5%)
Total
2015
2014
2015
2015
2014
Shareholders
391.154.680
304.013.960
258.000.000
391.154.680
310.930.960
251.083.000
37,90
29,46
25,00
39,48
31,38
25,34
19.557.734.000
15.200.698.000
12.900.000.000
19.557.734.000
15.546.548.000
12.554.150.000
78.831.360
37.551.360
7,64
3,80
3.941.568.000
1.877.568.000
Public (ownership
below 5% each)
1.032.000.000
990.720.000
100,00
100,00
51.600.000.000
49.536.000.000
Total
Manajemen modal
Capital management
Kebijakan
Perusahaan
adalah
mempertahankan struktur permodalan yang
sehat untuk mengamankan akses terhadap
pendanaan pada biaya yang wajar.
63
2014
28.462.000.000
28.462.000.000
148.608.000.000
(30.100.000.000)
146.970.000.000
(28.036.000.000)
426.000.000
Perseroan
Berdasarkan
Undang-undang
Terbatas No. 40/2007, setiap tahun Perusahaan
diwajibkan untuk menyisihkan sejumlah tertentu
dari laba bersihnya sebagai dana cadangan hingga
dana cadangan tersebut mencapai paling sedikit
20% dari jumlah modal yang ditempatkan dan
disetor penuh. Pada tanggal 31 Desember 2015,
Perusahaan telah menyisihkan saldo laba untuk
cadangan umum
sebesar
Rp9.907.200.000
(Catatan 20).
23. DIVIDEN
23. DIVIDENDS
64
2015
Saniter:
Pihak-pihak berelasi (Catatan 30)
Pihak ketiga
Sub-total
Fitting:
Pihak-pihak berelasi (Catatan 30)
Pihak ketiga
Sub-total
Peralatan sistem dapur:
Pihak-pihak berelasi (Catatan 30)
Pihak ketiga
Sub-total
Peralatan elektronik dan aksesoris:
Pihak-pihak berelasi (Catatan 30)
Pihak ketiga
Sub-total
Total
2014
953.505.201.206
35.564.751.018
795.120.079.274
72.941.199.577
989.069.952.224
868.061.278.851
1.190.191.153.774
41.030.714.834
1.058.710.900.453
87.188.871.647
1.231.221.868.608
1.145.899.772.100
9.175.782.259
39.668.171.032
2.600.949.686
28.202.853.187
48.843.953.291
30.803.802.873
474.619.253
9.063.477.817
110.429.154
8.755.091.105
9.538.097.070
8.865.520.259
2.278.673.871.193 2.053.630.374.083
Sanitary:
Related parties (Note 30)
Third parties
Sub-total
Fittings:
Related parties (Note 30)
Third parties
Sub-total
Kitchen systems:
Related parties (Note 30)
Third parties
Sub-total
Electrical appliances and accessories:
Related parties (Note 30)
Third parties
Sub-total
Total
2014
Saniter:
PT Surya Pertiwi (2015: 31%; 2014: 31%) 700.308.428.061
642.367.039.808
Fitting:
PT Surya Pertiwi (2015: 39%; 2014: 43%) 891.451.518.391
Fittings:
885.111.290.777 PT Surya Pertiwi (2015: 39%; 2014: 43%)
65
Sanitary:
PT Surya Pertiwi (2015: 31%; 2014: 31%)
2014
832.331.315.325
293.534.759.296
143.940.443.300
55.695.318.021
22.854.313.319
381.847.454.735
83.312.231.746
804.344.302.101
236.840.175.077
119.918.957.656
46.259.055.907
34.229.304.283
250.836.250.437
65.743.455.681
1.813.515.835.742
1.558.171.501.142
158.614.419.021
122.777.637.296
1.972.130.254.763
1.680.949.138.438
(158.614.419.021)
1.762.927.428.119
1.522.334.719.417
129.649.911.496
12.484.463.193
118.129.207.784
11.781.944.331
1.905.061.802.808
1.652.245.871.532
(129.649.911.496)
1.708.574.245.367
1.522.595.960.036
(209.202.826.644)
(196.487.557.441)
2014
4.022.810.901
3.126.517.715
1.982.757.184
2.275.535.438
3.121.437.831
5.583.836.797
2.628.672.777
(1.942.758.482)
1.874.938.636
(5.855.306)
12.145.705.083
66
10.522.188.408
2015
Gaji dan upah
Imbalan lisensi
merek dagang sehubungan
dengan penjualan di luar
Grup Toto (Catatan 30iii)
Iklan, promosi dan agen
Jasa profesional
Beban penjualan ekspor dan lokal
Imbalan kerja lainnya
Sewa
Pemeliharaan dan perbaikan
Perlengkapan kantor
Penyusutan (Catatan 10)
Telepon, air dan listrik
Perjalanan dan pengangkutan
Biaya transportasi
Royalti untuk desainer
Donasi
Representasi
Lainnya (masing-masing dibawah
Rp1 miliar)
Total beban usaha
56.329.713.058
44.809.562.573
27.580.883.528
13.356.284.464
13.159.702.233
9.377.462.675
8.573.477.938
7.190.085.837
5.799.394.874
5.525.593.721
3.099.574.358
2.934.944.924
2.897.721.752
2.814.437.884
1.850.758.472
1.394.000.000
926.142.650
25.672.527.993
12.143.285.947
4.940.354.061
6.122.326.617
8.749.420.461
6.943.691.502
6.636.046.945
2.119.773.187
3.834.218.252
2.764.764.608
3.058.889.734
2.600.735.036
1.417.673.708
1.652.000.000
1.345.031.579
3.935.679.433
4.873.202.186
166.745.857.801
139.683.504.389
2014
8.083.372.670
5.564.900.272
3.005.251.674
1.810.576.375
976.265.949
652.148.144
346.075.674
5.072.965.244
340.056.023
2.125.858.527
19.780.422.963
8.197.047.589
Pendapatan keuangan
a.
Financial income
2014
Deposito
Jasa giro
4.190.250.371
882.155.778
7.701.771.765
278.053.691
Deposits
Current accounts
Total
5.072.406.149
7.979.825.456
Total
67
29. PENDAPATAN
(lanjutan)
b.
DAN
BIAYA
KEUANGAN
Biaya keuangan
b.
Financial cost
2014
Beban bunga
Lainnya
17.852.459.815
350.618.633
15.709.786.557
(275.436.055)
Total
18.203.078.448
15.434.350.502
TRANSACTIONS
WITH
Total/Total
Total
30. BALANCES
AND
RELATED PARTIES
2015
Interest expenses
Others
2014
2015
2014
465.526.848.520
10.060.277.760
4.958.621.320
2.431.286.040
1.103.664.360
2.893.631.080
11.577.534.800
1.873.986.480
3.242.162.560
1.201.018.901
552.703.520
19,40%
0,38%
0,29%
0,20%
0,15%
0,13%
0,12%
0,12%
0,09%
0,03%
0,03%
22,57%
0,49%
0,24%
0,12%
0,05%
0,14%
0,56%
0,09%
0,16%
0,06%
0,03%
3.145.852.080
-
0,02%
0,01%
0,15%
-
509.420.239
0,01%
511.614.066.146
509.077.007.660
20,98%
24,68%
13.751.611.197
216.604.709
10.804.655.214
-
0,56%
0,01%
0,52%
-
Total
13.968.215.906
10.804.655.214
0,57%
0,52%
Total
Total
28.929.600.000
15.000.000.000
3,15%
1,47%
1,40%
0,73%
112.667.750.000
43.929.600.000
4,62%
2,13%
68
30. BALANCES
AND
TRANSACTIONS
RELATED PARTIES (continued)
Total/Total
2015
Utang usaha (Catatan 13)
PT Dian Surya Global
Lainnya (masing-masing
dibawah Rp400 juta)
Total
WITH
2014
2015
2014
17.505.882.726
15.306.364.742
1,85%
1,63%
993.085.709
417.787.438
0,11%
0,05%
18.498.968.435
15.724.152.180
1,96%
1,68%
Total
Short-term employee benefits
liabilities (Note 14)
Remuneration of
commissioners and directors
3.226.307.080
2.855.880.785
0,34%
0,30%
12.741.873.983
1.888.000.993
12.402.474.926
1.678.503.803
1,34%
0,20%
1,32%
0,18%
Other payables to
related parties (Note 18)
Toto Limited, Japan
Toto Asia Oceania
Total
14.629.874.976
14.080.978.729
1,54%
1,50%
Total
Total/Total
2015
Penjualan neto (Catatan 24)
Saniter:
PT Surya Pertiwi
Grup Toto lainnya
2014
2015
2014
Net sales (Note 24)
Sanitary:
PT Surya Pertiwi
Others Toto Group
700.308.428.061
253.196.773.145
642.367.039.808
152.753.039.466
30,73%
11,11%
31,28%
7,44%
953.505.201.206
795.120.079.274
41,84%
38,72%
891.451.518.391
298.739.635.383
885.111.290.777
173.599.609.676
39,12%
13,11%
43,10%
8,45%
1.190.191.153.774
1.058.710.900.453
52,23%
51,55%
2.456.071.763
6.719.710.496
1.604.462.995
996.486.691
0,11%
0,29%
0,08%
0,05%
9.175.782.259
2.600.949.686
0,40%
0,13%
114.150.293
360.468.960
37.854.830
72.574.324
0,01%
0,02%
0,01%
0,01%
474.619.253
110.429.154
0,03%
0,02%
2.153.346.756.492
1.856.542.358.567
94,50%
90,42%
Total
Pembelian
Grup Toto lainnya:
Bahan baku
PT Dian Surya Global
Lainnya
65.557.185.535
124.424.147.449
831.242.750
50.859.084.297
95.384.730.417
1.743.514.000
3,85%
7,32%
0,05%
3,04%
5,70%
0,10%
Purchases
Others Toto Group:
Raw materials
PT Dian Surya Global
Others
Total
190.812.575.734
147.987.328.714
11,22%
8,84%
Total
156.905.883
113.192.417
0,01%
0,01%
Total
156.905.883
113.192.417
0,01%
0,01%
Total
Fitting:
PT Surya Pertiwi
Grup Toto lainnya
Total
69
Fittings:
PT Surya Pertiwi
Others Toto Group
Kitchen systems:
PT Surya Pertiwi
Others Toto Group
30. BALANCES
AND
TRANSACTIONS
RELATED PARTIES (continued)
Total/Total
2015
Beban usaha (Catatan 30iii)
Toto Limited, Jepang:
Imbalan lisensi merek
dagang sehubungan
dengan penjualan di
luar Grup Toto
27.580.883.528
Grup Toto lainnya:
Komisi penjualan
3.807.588.626
Total
31.388.472.154
WITH
2014
2015
2014
Operating expenses (Note 30iii)
Toto Limited, Japan:
25.672.527.993
16,54%
18,38%
2.847.845.356
2,28%
2,04%
28.520.373.349
18,82%
20,42%
16.358.006.934
2.596.150.297
1.112.493.779
2.491.428.157
14.753.732.293
2.427.536.570
973.780.976
1.971.369.537
9,81%
1,56%
0,67%
1,49%
10,56%
1,74%
0,70%
1,41%
5.386.000.000
2.105.904.761
4.638.000.000
1.807.238.085
3,23%
1,26%
3,32%
1,29%
Total
30.049.983.928
26.571.657.461
18,02%
19,02%
Pendapatan lainnya:
(Rugi)/laba penjualan
barang bekas:
PT Dian Surya Global
(854.587.759)
2.033.690.516
11,66%
19,33%
Total
(854.587.759 )
2.033.690.516
11,66%
19,33%
ii.
ii.
70
WITH
iii.
iii.
iv.
iv.
v.
v.
vi.
vi.
vii.
viii. Perusahaan membeli barang dalam proses fiiting dan menjual peralatan sistem dapur dan
barang bekas kepada PT Dian Surya Global,
perusahaan yang 51% sahamnya dimiliki oleh
salah satu pemegang saham Perusahaan,
yaitu PT Multifortuna Asindo.
viii.
The Company purchases work in process fitting and sells kitchen systems and scrap to
PT Dian Surya Global, a company which
shares are owned 51% by one of the
Companys shareholders, PT Multifortuna
Asindo.
71
WITH
ix.
komisaris
melebihi
No.
1.
Pihak-Pihak
Berelasi/Related Parties
Toto Limited, Jepang/Toto
Limited, Japan
Hubungan/Relationship
Pemegang
saham/Shareholders
72
No.
Pihak-Pihak
Berelasi/Related Parties
3.
4.
5.
2.
WITH
Hubungan/Relationship
Entitas di bawah
pengendalian dan
pengaruh signifikan oleh
pihak yang sama/
Entity controlled and
significantly influenced
by the same party
Entitas di bawah
pengendalian dan
pengaruh signifikan oleh
pihak yang sama/
Entity controlled and
significantly influenced
by the same party
Entitas di bawah
pengendalian dan
pengaruh signifikan oleh
pihak yang sama/
Entity controlled and
significantly influenced
by the same party
Entitas di bawah
pengendalian dan
pengaruh signifikan oleh
pihak yang sama/
Entity controlled and
significantly influenced
by the same party
73
No.
6.
Pihak-Pihak
Berelasi/Related Parties
W. Atelier Sdn., Bhd
Hubungan/Relationship
Entitas di bawah
pengendalian dan
pengaruh signifikan oleh
pihak yang sama/
Entity controlled and
significantly influenced
by the same party
7.
8.
9.
Manajemen senior/
Senior management
Entitas asosiasi/
Associates
Entitas asosiasi/
Associates
Karyawan kunci/Key
management personnel
Saniter/
Sanitary
Investasi/Investment.
Investasi/Investment.
Liabilitas imbalan kerja jangka pendek dan
beban usaha/Short-term employee benefits
liabilities and operating expenses.
Fitting/
Fittings
Peralatan
sistem dapur/
Kitchen systems
Peralatan
elektronik dan
aksesoris/
Electrical
appliances and
accessories
Total/Total
2015
Penjualan
neto
Luar negeri
Domestik
Beban pokok
penjualan
Luar negeri
Domestik
Laba/(rugi)
bruto
Luar negeri
Domestik
WITH
2015
288.629.280.291
700.440.671.933
989.069.952.224
338.297.118.218
892.924.750.390
1.231.221.868.608
8.005.135.698
40.838.817.593
48.843.953.291
417.383.260
9.120.713.810
9.538.970.070
635.348.917.467
1.643.324.953.726
2.278.673.871.193
190.671.680.729
553.296.132.270
743.967.812.999
231.644.924.001
673.041.577.814
904.686.501.815
9.429.532.130
43.809.697.960
53.239.230.090
268.783.962
6.411.916.501
6.680.700.463
432.014.920.822
1.276.559.324.545
1.708.574.245.367
97.957.599.562
147.144.539.663
245.102.139.225
106.652.194.217
219.883.172.576
326.535.366.793
Saniter/
Sanitary
(1.424.396.432)
(2.970.880.367)
(4.395.276.799)
Fitting/
Fittings
148.599.297
2.708.797.309
2.857.396.606
Peralatan sistem
dapur/
Kitchen systems
Cost of goods
sold
Overseas
Domestic
Gross
profit/(loss)
Overseas
Domestic
Total/Total
2015
2015
Pendapatan lainnya
Beban usaha
Beban lainnya
Pendapatan keuangan
Pajak atas pendapatan keuangan
Biaya keuangan
12.145.705.083
(166.745.857.801)
(19.780.422.963)
5.072.406.149
(1.014.481.229)
(18.203.078.448)
203.333.996.645
366.765.629.181
570.099.625.826
Net sales
Overseas
Domestic
83.848.879.424
62.488.007.662
795.293.313.637
76.182.375.585
17.972.132.759
460.855.116.834
74
16.959.294.559
2.852.091.325
218.281.447.594
Other income
Operating expenses
Other expenses
Financial income
Tax on finance income
Financial cost
381.573.896.617
176.990.549.568
83.312.231.746
1.474.429.878.065
965.110.981.140
Saniter/
Sanitary
2014
Penjualan
neto
Luar negeri
Domestik
Beban pokok
penjualan
Luar negeri
Domestik
Laba/(rugi)
bruto
Luar negeri
Domestik
Fitting/
Fittings
Peralatan
elektronik dan
aksesoris/
Electrical
appliances and
accessories
Total/Total
2014
225.608.817.117
642.452.461.734
868.061.278.851
259.200.280.168
886.699.491.932
1.145.899.772.100
5.934.068.114
24.869.734.759
30.803.802.873
1.035.402.546
7.830.117.713
8.865.520.259
491.778.567.945
1.561.851.806.138
2.053.630.374.083
175.964.623.739
499.746.601.731
675.711.225.470
161.266.368.434
629.736.105.630
791.002.474.064
9.419.137.725
40.339.273.558
49.758.411.283
427.593.146
5.696.256.073
6.123.849.219
347.077.723.044
1.175.518.236.992
1.522.595.960.036
49.644.193.378
142.705.860.003
192.350.053.381
97.933.911.734
256.963.386.302
354.897.298.036
(3.485.069.611)
(15.469.538.799)
(18.954.608.410)
607.809.400
2.133.861.640
2.741.671.040
144.700.844.901
386.333.569.146
531.034.414.047
Saniter/
Sanitary
Peralatan sistem
dapur/
Kitchen systems
Fitting/
Fittings
57.567.280.452
2.538.631.473
120.122.225.043
Gross
profit/(loss)
Overseas
Domestic
2014
Other income
Operating expenses
Other expenses
Financial income
Tax on finance income
Financial cost
10.522.188.408
(139.683.504.389)
(8.197.047.589)
7.979.825.456
(1.595.965.091)
(15.434.350.502)
228.206.185.269
48.470.131.875
790.012.028.350
Cost of goods
sold
Overseas
Domestic
Total/Total
2014
Pendapatan lainnya
Beban usaha
Beban lainnya
Pendapatan keuangan
Pajak atas pendapatan keuangan
Biaya keuangan
Net sales
Overseas
Domestic
384.625.560.340
315.817.247.321
65.743.455.681
1.231.523.220.334
830.863.704.056
LIABILITIES
IN
FOREIGN
2015
Mata uang
asing/
Foreign
currency
Aset
Kas dan setara kas
Piutang usaha:
Pihak-pihak berelasi
Pihak ketiga
Setara
Rupiah/
Rupiah
equivalent
AS$
3.831.136
JPY 21.900.751
EUR
48.037
52.850.521.120
2.508.074.005
723.902.218
AS$
JPY
AS$
36.877.166.465
1.519.467.164
6.446.665.605
2.673.227
13.268.138
467.319
Total aset
Liabilitas
Utang usaha:
Pihak-pihak berelasi
Pihak ketiga
100.925.796.577
AS$
60.082
JPY
541.060
AS$
6.370.438
EUR
1.760.376
JPY 51.032.192
SGD
2.885
828.831.190
61.962.191
87.880.192.210
26.528.302.999
5.844.206.627
28.132.183
AS$
JPY
AS$
EUR
AS$
13.711.416.095
924.696.893
1.710.276.510
272.957.113
7.737.215.445
993.941
8.074.545
123.978
18.113
560.871
Total liabilitas
Total liabilitas, neto
75
Assets
Cash and cash equivalents
Trade receivables:
Related parties
Third parties
Total assets
Liabilities
Trade payables:
Related parties
Third parties
Accrued expenses:
Related parties
Third parties
Obligations under finance lease
145.528.189.456
Total liabilities
44.602.392.879
IN
FOREIGN
2014
Mata uang
asing/
Foreign
currency
Aset
Kas dan setara kas
Piutang usaha:
Pihak-pihak berelasi
Pihak ketiga
Setara
Rupiah/
Rupiah
equivalent
AS$
1.959.382
JPY 25.896.574
EUR
19.533
24.374.712.080
2.699.717.840
295.598.163
AS$
JPY
AS$
41.941.945.160
1.608.213.980
5.814.941.160
3.371.539
15.426.513
467.439
Total aset
Liabilitas
Utang usaha:
Pihak-pihak berelasi
Pihak ketiga
76.735.128.383
AS$
637
JPY
89.950
AS$
9.841.360
EUR
1.094.154
JPY 88.846.320
SGD
56.287
AS$
JPY
AS$
EUR
JPY
AS$
1.066.892
7.758.667
62.440
40.285
983
258.759
Total liabilitas
Total liabilitas, neto
7.924.280
9.377.288
122.426.518.400
16.558.127.903
9.262.228.859
541.930.673
Assets
Cash and cash equivalents
Trade receivables:
Related parties
Third parties
Total assets
Liabilities
Trade payables:
Related parties
Third parties
Accrued expenses:
Related parties
13.272.136.480
808.841.035
776.753.600
609.643.781
102.478
3.218.961.960
167.492.546.737
Total liabilities
90.757.418.354
Third parties
33. COMMITMENTS
a. Letters of credit facilities
i.
The Company has import letters of credit
facility with maximum amount of
Rp35,000,000,000 from PT Bank Resona
Perdania. This facility will expire on
December 24, 2016 and can be extended.
As of December 31, 2015, the Company
has not used this facility.
ii.
76
iii.
iii.
ii.
c.
d.
77
e.
f.
g.
h.
i.
78
j.
Commitments
associates
i.
Pada
tanggal
5
Oktober
2011,
Perusahaan bersama PT Surya Pertiwi
mendirikan PT Surya Graha Pertiwi
(SGP). Pendirian SGP termuat dalam
akta No. 9 notaris Sinta Dewi Sudarsana,
S.H., tanggal 21 Oktober 2011 dan telah
mendapatkan persetujuan dari Badan
Koordinasi Penanaman Modal melalui
surat
No. 2685/I/PPM/I/PMA/2011.
Modal
dasar
SGP
berjumlah
Rp120.000.000.000, terbagi atas 120.000
saham, dan masing-masing saham
bernilai nominal Rp1.000.000. Modal
ditempatkan dan disetor penuh SGP
sebesar Rp30.000.000.000 atau 30.000
saham. Penyertaan Perusahaan dalam
SGP sebesar Rp15.000.000.000 atau
50%.
SGP
bergerak
dalam
pembangunan dan pengelolaan gedung
perkantoran.
for
establishment
of
79
Komitmen
(lanjutan)
ii.
pendirian
entitas
j.
Commitments
for
establishment
associates (continued)
of
Pada
tanggal
3
Oktober
2011,
Perusahaan bersama PT Surya Pertiwi
(SP) mendirikan PT Surya Pertiwi
Nusantara (SPN). Pendirian SPN
termuat dalam akta No. 10 notaris Sinta
Dewi Sudarsana, S.H., tanggal 21
Oktober 2011 dan telah mendapatkan
persetujuan dari Badan Koordinasi
Penanaman Modal melalui surat No.
2651/I/PPM/I/PMA/2011. Modal dasar
SPN
berjumlah
Rp100.000.000.000,
terbagi atas 100.000 saham, dan masingmasing
saham
bernilai
nominal
Rp1.000.000. Modal ditempatkan dan
disetor
penuh
SPN
sebesar
Rp25.000.000.000, terdiri dari 25.000
saham.
80
Komitmen
(lanjutan)
ii.
pendirian
entitas
j.
Commitments
for
establishment
associates (continued)
ii.
of
Subsequently,
SPN's
articles
of
association have been amended in
relation to the changes of article 4 of
which were documented in the notarial
deed No. 14 dated March 2, 2016 of Dr.
Irawan Soerodjo, S.H., MSI. regarding to
increase of authorized capital from
100,000 shares or Rp100,000,000,000 to
250,000 shares or Rp250,000,000,000
and issued and paid up capital from
25,000 shares or Rp25,000,000,000 to
180,000 shares or Rp180,000,000,000.
The amendment was approved by the
Minister of Law and Human Rights in his
Decision
Letter
No.
AHU0004810.AH.01.02.TAHUN 2016 dated
March 11, 2016 and registered in the
Sisminbakum database of the Ministry of
Law and Human Rights of the Republic of
Indonesia under registration No. AHUAH.01.03-0030739 dated March 11,
2016.
34. KONTINJENSI
34. CONTINGENCY
There are no contingent
December 31, 2015.
81
liabilities
as
of
2015
2014
Supplemental disclosure of
non-cash transactions:
818.000.000
10
6.176.610.000
1.027.500.000
11
810.000.000
51.723.407.953
19
Kenaikan/(pengurangan) pinjaman
jangka pendek dan utang sewa
pembiayaan akibat selisih kurs
333.772.295
(237.403.565)
36.
Nilai tercatat/
Carrying values
Aset keuangan lancar
Kas dan setara kas
Piutang usaha
Piutang lain-lain
Sub-total
Aset keuangan tidak lancar
Aset tidak lancar lainnya:
Keanggotaan klub berupa saham
Setoran jaminan
Sub-total
Total
Liabilitas keuangan jangka pendek
Pinjaman jangka pendek
Utang usaha
Utang lain-lain pihak-pihak berelasi
Utang dividen interim
Liabilitas imbalan kerja
jangka pendek
Beban masih harus dibayar
Utang sewa pembiayaan - bagian
jangka pendek
Liabilitas jangka pendek lainnya
Sub-total
Liabilitas keuangan jangka panjang
Utang sewa pembiayaan - setelah
dikurangi bagian jangka pendek
Sub-total
Total
(54.778.247.042)
167.008.027.010
523.028.546.173
22.561.535.279
167.008.027.010
523.028.546.173
22.561.535.279
712.598.108.462
712.598.108.462
8.350.000.000
4.642.760.372
8.350.000.000
4.642.760.372
12.992.760.372
12.992.760.372
725.590.868.834
725.590.868.834
175.000.000.000
218.989.501.751
14.629.874.976
147.315.700
175.000.000.000
218.989.501.751
14.629.874.976
147.315.700
66.175.767.328
17.013.504.231
66.175.767.328
17.013.504.231
4.912.970.382
2.357.466.827
4.912.970.382
2.357.466.827
499.226.401.195
499.226.401.195
5.179.332.472
5.179.332.472
5.179.332.472
5.179.332.472
504.405.733.667
504.405.733.667
82
36.
a.
b.
a.
The financial asset presented as other noncurrent assets - security deposits are carried at
their carrying amounts as their value can not
be reliably measured.
b.
Nilai wajar dari aset tidak lancar lainnya keanggotaan klub berupa saham tersedia
untuk dijual mengacu pada harga pasar
antar anggota klub.
The fair value of the other non-current assets club membership in form of shares which is
available-for-sale refers to market prices
agreed among the club members.
83
MANAJEMEN
MANAJEMEN RISIKO
A.
RISK MANAGEMENT
84
MANAJEMEN
A.
Risiko kredit
Credit risk
85
Risiko Maksimal/
Maximal Exposure(1)
Aset keuangan
Pinjaman yang diberikan dan piutang:
Kas dan setara kas
Piutang usaha
Piutang lain-lain
Aset tidak lancar lainnya
167.008.027.010
523.028.546.173
22.561.535.279
12.992.760.372
Financial assets
Loans and receivables:
Cash and cash equivalents
Trade receivables
Other receivables
Other non-current assets
Total
725.590.868.834
Total
(1)
(1)
Tabel berikut
piutang usaha:
menyajikan
analisis
umur
2015
2014
521.469.005.293
516.946.346.970
189.424.763
964.001
1.369.152.116
250.140.097
1.014.528.176
1.321.113.883
523.028.546.173
519.532.129.126
Total
Risiko likuiditas
Liquidity risk
86
MANAJEMEN
A.
Dibawah
1 tahun/
Under
1 year
Liabilitas jangka pendek:
Pinjaman jangka pendek
Utang usaha
Utang lain-lain pihak-pihak
berelasi
Utang dividen interim
Liabilitas imbalan kerja
jangka pendek
Beban masih harus dibayar
Liabilitas jangka pendek lainnya
Sub-total
Liabilitas jangka panjang:
Utang sewa pembiayaan
Beban bunga masa depan
Sub-total
Total
1 - 2 tahun/
1 - 2 years
Lebih dari
3 tahun/
More than
3 years
2 - 3 tahun/
2 - 3 years
Total/
Total
Nilai
Wajar/
Fair
Value
Current liabilities:
Short-term borrowings
Trade payables
175.000.000.000
218.989.501.751
175.000.000.000
218.989.501.751
175.000.000.000
218.989.501.751
14.629.874.976
147.315.700
14.629.874.976
147.315.700
14.629.874.976
147.315.700
66.175.767.328
17.013.504.231
2.357.466.827
66.175.767.328
17.013.504.231
2.357.466.827
66.175.767.328
17.013.504.231
2.357.466.827
494.313.430.813
494.313.430.813
494.313.430.813
Sub-total
4.912.970.382
157.004.812
3.860.374.389
50.418.291
1.318.958.083
81.536.317
10.092.302.854
288.959.420
10.092.302.854
288.959.420
Non-current liabilities:
Obligations under finance lease
Future imputed interest charges
5.069.975.194
3.910.792.680
1.400.494.400
10.381.262.274
10.381.262.274
Sub-total
499.383.406.007
3.910.792.680
1.400.494.400
504.694.693087
504.694.693.087
Total
87
Penyesuaian
penyajian kembali/
Restatement
adjustments
Disajikan
kembali/
As restated
42.015.465.907
2.027.288.693.679
35.098.230.711
35.098.230.711
77.113.696.618
2.062.386.924.390
263.551.214.139
796.096.371.054
140.392.922.842
140.392.922.842
403.944.136.981
936.489.293.896
(108.884.972.178)
3.590.280.048
(105.294.692.130)
(104.095.472.178)
1.170.123.902.672
1.125.897.630.494
4.789.500.000
1.166.533.622.624
1.231.192.322.624
88
ASSETS
Deferred tax assets, net
Total assets
LIABILITIES
Long-term employee
benefits liability
Total liabilities
EQUITY
Other comprehensive income
Retained earnings
Total equity
Penyesuaian
penyajian kembali/
Restatement
adjustments
49.280.471.060
1.763.702.205.521
ASSETS
Deferred tax assets, net
Total assets
70.098.091.817
70.098.091.817
281.976.117.498
780.625.360.708
LIABILITIES
Long-term employee
benefits liability
Total liabilities
(54.106.725.136)
1.533.156.274
(52.573.568.862)
(50.127.225.136)
973.334.869.949
983.076.844.813
31.755.948.106
1.746.177.682.568
LIABILITAS
Liabilitas imbalan kerja jangka
panjang
Total liabilitas
211.878.025.681
710.527.268.891
EKUITAS
Penghasilan komprehensif lain
Saldo laba
Total ekuitas
3.979.500.000
971.801.713.675
1.035.650.413.675
Disajikan
kembali/
As restated
17.524.522.953
17.524.522.953
EQUITY
Other comprehensive income
Retained earnings
Total equity
Penyesuaian
penyajian kembali/
Restatement
adjustments
142.426.336.087
390.933.218.779
(2.742.831.698)
2.742.831.698
381.882.728.642
88.078.819.693
293.803.908.949
2.742.831.698
685.707.924
2.057.123.774
810.000.000
(54.778.247.042)
89
Disajikan
kembali/
As restated
139.683.504.389
393.676.050.477
PROFIT OR LOSS
Operating expenses
Profit from operations
144
145
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