PT MULTI AGRO GEMILANG PLANTATION Tbk Dan Entitas...
Transcript of PT MULTI AGRO GEMILANG PLANTATION Tbk Dan Entitas...
PT MULTI AGRO GEMILANG PLANTATION Tbk Dan Entitas Anaknya/And Its Subsidiaries
Laporan Keuangan KonsolidasianTanggal 31 Maret 2015
dan Untuk Periode Tiga Bulan yang Berakhir pada tanggal tersebut/
Consolidated financial statementsas of March 31, 2015
and for the three months period then ended
Surat Pernyataan Direksi Board of Directors' Statement Letter
Laporan Posisi Keuangan Konsolidasian Consolidated Statement of Financal Position
Laporan Laba Rugi Komprehensif Konsolidasian Consolidated Statement of Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian Consolidated Statement of Changes in Equity
Laporan Arus Kas Konsolidasian Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian Notes to Consolidated Financial Statement
**********************
PER 31 MARET 2015LAPORAN KEUANGAN KONSOLIDASIAN
DAN ENTITAS ANAKNYA PT MULTI AGRO GEMILANG PLANTATION Tbk.
AS OF MARCH 31, 2015CONSOLIDATED FINANCIAL STATEMENT
AND ITS SUBSIDIARIES PT MULTI AGRO GEMILANG PLANTATION Tbk.
DAFTAR ISI
D
E
CONTENTS
Eksibit/Exhibit
A
B
C
DAN UNTUK PERIODE TIGA BULAN YANG BERAKHIRPADA TANGGAL TERSEBUT THEN ENDED
FOR THE THREE MONTHS PERIOD
31 March 2015/ 31 Desember 2014/March 31, 2015 December 31, 2014
ASET LANCAR CURRENT ASSETSKas dan bank 1,175,844,836 913,719,377 Cash on hand and in banksAset keuangan lancar lainnya 587,895,949 587,895,949 Other current financial assetsPiutang usaha - Pihak ketiga 2,422,102,859 - Trade receivable - Third partiesPiutang non-usaha Non - trade receivable
Pihak ketiga 2,478,581,200 2,432,255,859 Third partiesPihak berelasi - - Related parties
Persediaan 9,424,987,867 6,147,503,149 InventoriesPajak dibayar di muka 12,210,530,356 12,142,892,415 Prepaid taxesUang muka dan biaya dibayar di muka 12,787,972,315 13,547,145,062 Advances and prepaid expenses
Jumlah Aset Lancar 41,087,915,382 35,771,411,811 Total Current Assets
ASET TIDAK LANCAR NON-CURRENT ASETSAset pajak tangguhan - Bersih 8,432,049,459 8,432,049,459 Deferred tax assets - NetTanaman perkebunan Plantations
Tanaman menghasilkan - setelah dikurangi Mature plantations - net ofakumulasi penyusutan sebesar Rp. 32.589.595.461 tahun 2015 dan Rp 29.721.989.082 tahun 2014 196,818,914,921 199,686,521,300
Tanaman belum menghasilkan 371,922,958,231 364,122,892,791Pembibitan 13,565,290,693 13,522,603,083
Goodwill 837,450,368 837,450,368 GoodwillAset tetap - setelah dikurangi Property, plant and equipment net of
akumulasi penyusutan sebesar accumulated depreciation of Rp. 75.585.201.719 tahun 2015 dan Rp. 75.585.201.719 in 2015 and Rp 70.067.975.627 Tahun 2014 548,399,503,373 553,833,089,465 Rp 70.067.975.627 in 2014
Aset tidak lancar lainnya 63,516,831,252 63,516,831,252 Other assets Jumlah Aset Tidak Lancar 1,203,492,998,297 1,203,951,437,718 Total Non-Current AssetsJUMLAH ASET 1,244,580,913,679 1,239,722,849,530 TOTAL ASSETS
Catatan/Notes
PT MULTI AGRO GEMILANG PLANTATION Tbk.
These Consolidated Financial Statements are Originally Issuedin Indonesian Language
PT MULTI AGRO GEMILANG PLANTATION Tbk.
PER 31 MARET 2015 DAN 31 DESEMBER 2014(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND ITS SUBSIDIARIES DAN ENTITAS ANAKNYA
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
(Expressed in Rupiah, unless otherwise stated)AS OF MARCH 31, 2015 AND DECEMBER 31, 2014
4
2i, 6
72m,16a
accumulated depreciation of Rp. 32.589.595.461 in 2015 and
2m, 16e
Rp 29.721.989.082 in 2014Immatures plantations
Nursery
11
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara
keseluruhan
See accompaying Notes to Consolidated Financial Statements which are an integral part
of the Conslidated Financial Statements taken as a whole
8
Eksibit A Exhibit A
5
2f, 9
2h, 10
1
31 March 2015/ 31 Desember 2014/March 31, 2015 December 31, 2014
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LANCAR CURRENT LIABILITIESUtang usaha - Pihak ketiga 1,459,318,497 3,310,322,540 Trade payable - Third partiesBeban akrual 1,295,490,385 988,948,094 AccrualsUtang non - usaha Non-trade payable
Pihak ketiga 62,292,047,140 60,485,437,133 Third partiesPihak berelasi 75,574,563,566 73,049,195,116 Related parties
Uang muka pelanggan - - Advances from customersUtang pajak 7,254,806,023 8,546,079,496 Taxes payableLiabilitas jangka panjang yang jatuh tempo Current maturities of long - term
dalam satu tahun liabilitiesSewa pembiayaan 49,735,488,164 49,939,065,542 Finance leasePembelian kendaraan 374,841,000 521,184,000 Purchase of vehicles
Jumlah Liabilitas Lancar 197,986,554,775 196,840,231,921 Total Current Liabilities
LIABILITAS TIDAK LANCAR NON-CURRENT LIABIITIESLiabilitas pajak tangguhan 901,870,349 901,870,349 Deferred tax liabiltiesLiabilitas imbalan pasca-kerja 1,949,030,905 1,949,030,905 Post-employment benefits liabilities Liabilitas keuangan jangka panjang Other long-term financial
lainnya - Pihak ketiga 25,172,234,327 25,172,234,327Liabilias jangka panjang - setelah dikurangi Long-term liabilties - net of
bagian yang jatuh tempo dalam satu tahun current maturitiesSewa pembiayaan 97,017,501,412 97,075,258,034 Finance leasePembelian kendaraan 347,456,000 347,456,000 Purchase of vehicles
Jumlah Liabiitas Tidak Lancar 125,388,092,993 125,445,849,615 Total Non-Current Liabilities
323,374,647,768 322,286,081,536 Total Liabiliies
EKUITAS EQUITYEkitas yang dapat diatribusikan kepada Equity attributable to owners of
Pemilik Entitas Induk the Parent CompanyModal saham - Nominal Rp 100 per saham Share Capital - par value Rp 100 per share
Modal dasar - 15.000.000.000 saham Authorized - 15,000,000,000 sharesModal ditempatkan dan disetor penuh - Issued and fully paid - 9.000.000.000 saham tahun 2015 dan 2014 900,000,000,000 900,000,000,000 9,000,000,000 shares in 2015 and 2014
Tambahan modal disetor 19,906,085,643 19,906,085,643 Additional paid-in capitalKomponen ekuitas lainnya 718,351,087 718,351,087 Other component of equitySaldo rugi (22,690,153,323) (26,140,093,892) Deficit
Jumlah ekuitas yang dapat diatribusikan Total equity attributable to owners ofkepada pemilik entitas induk 897,934,283,407 894,484,342,838 the company
Kepentingan non-pengendali 23,271,982,504 22,952,425,156 Non-controlling interest
Jumlah Ekuitas 921,206,265,911 917,436,767,994 Total Equity
1,244,580,913,679 1,239,722,849,530
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENT OF FINANCIAL POSITION
in Indonesian Language
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
2i, 12
AS OF MARCH 31, 2015 AND DECEMBER 31, 2014(Expressed in Rupiah, unless otherwise stated)
Catatan/Notes
See accompaying Notes to Consolidated Financial Statements which are an integral part
of the Conslidated Financial Statements taken as a whole
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)PER 31 MARET 2015 DAN 31 DESEMBER 2014
These Consolidated Financial Statements are Originally Issued
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
2i,15
liabilities - Third Parties
17
Jumlah Liabiitas
TOTAL LIABILITIES AND EQUITYJUMLAH LIABILITAS DAN EKUITAS
2i,142i,15
2i,13
2m, 16b
2m, 16e
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara
keseluruhan
1918
20
Eksibit A Exhibit A
2i,14
2n, 24
2
Ekshibit B
31 Maret 2015/ 31 Maret 2014/March 31, 2015 March 31, 2014
PENJUALAN BERSIH 24,674,960,148 31,796,365,143 NET SALES
BEBAN POKOK PENJUALAN (18,043,508,303) (37,230,275,414)
LABA (RUGI) BRUTO 6,631,451,845 (5,433,910,271)
Beban umum dan administrasi (610,866,353) (2,278,748,215) General and administrative expenses
Penghasilan bunga 4,069,116 840,304,791 Interest income
Beban keuangan (2,905,367,305) (4,798,348,407) Finance charges
Pendapatan operasional lainnya 330,653,266 - Other operating expense
LABA (RUGI) SEBELUM PAJAK PENGHASILAN 3,449,940,569 (11,670,702,102) INCOME (LOSS) BEFORE INCOME TAX
MANFAAT PAJAK PENGHASILAN - - INCOME TAX BENEFIT
RUGI TAHUN BERJALAN 3,449,940,569 (11,670,702,102) LOSS FOR THE YEAR
PENDAPATAN KOMPREHENSIF LAINNYA OTHER COMPREHENSIVE INCOME Rugi belum direalisasi atas penurunan Unrealized loss on decrease in
nilai wajar efek - - fair value of available for sale securities
JUMLAH LABA (RUGI) KOMPREHENSIF TOTAL COMPREHENSIVE PROFIT (LOSS)PADA PERIODE BERJALAN 3,449,940,569 (11,670,702,102)
Jumlah laba (rugi) komprehensif tahun Total comprehensive profit (loss) forberjalan yang dapat diatribusikan kepada the year attributable to:Pemilik entitas induk 3,130,383,221 (10,906,816,480) Owner of the parent companyKepentingan non-pengendali 319,557,348 (763,885,607) Non-controlling interest
Jumlah 3,449,940,569 (11,670,702,087)
LABA (RUGI) PER SAHAM DASAR 0.38 (1.30) BASIC PROFIT (LOSS) PER SHARE
T o t a l
These Consolidated Financial Statements are Originally Issuedin Indonesian Language
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
UNTUK PERIODE TIGA BULAN YANG BERAKHIRLAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
DAN ENTITAS ANAKNYAPT MULTI AGRO GEMILANG PLANTATION Tbk.
(Expressed in Rupiah, unless otherwise stated)
FOR THE THREE MONTHS PERIOD ENDEDCONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
31 MARET 2015 DAN 2014 MARCH 31, 2015 AND 2014
GROSS PROFIT (LOSS)
Catatan/Notes
2l, 21
2l, 22
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan
Konsolidasian secara keseluruhan
2l, 23
FOR THE PERIOD
COST OF GOODS SOLD
See accompaying Notes to Consolidated Financial Statements which are an integral part
of the Conslidated Financial Statements taken as a whole
AND ITS SUBSIDIARIES PT MULTI AGRO GEMILANG PLANTATION Tbk.
Exhibit B
3
900,000,000,000 19,906,085,643 (12,104,051) 22,952,425,156 917,436,767,994
Jumlah laba (rugi) komprehensif pada tahun berjalan - - - - - 319,557,348 3,769,497,917
Kerugian yang belum direalisasi dari asetkeuangan tersedia untuk dijual - - - - -
Saldo per 31 Maret 2015 900,000,000,000 19,906,085,643 (12,104,051) 23,271,982,504 921,206,265,911 Catatan 17/Note 17 Catatan 20/Note 20
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN STATEMENT OF CHANGE IN EQUITYUNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2015 FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2015
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated)
Other equity components
Selisih transaksi dengan pihak
non-pengendali/ Difference in
value of transactions with non-controlling
Interest
Kerugian yang belum direalisasi
dari aset keuangan
tersedia untuk dijual/
Unrealized loss from available
for sale financial assets
Saldo per 1 Januari 2015 - 730,455,138
Ekuitas yang dapat diatribusikan kepada entitas induk / Equity attributable to owner of the Company
Modal ditempatkan dan disetor penuh/
Issued and fully paid capital
Tambahan modal disetor/ Additional
paid-in capital
Selisih nilai transaksi
restrukturisasi entitas
sepengendali/ Difference
arising from restructuring transaction of entities under
commen control
Saldo laba (rugi)/ Retained earnings
(loss)
- - -
These Consolidated Financial Statements are Originally Issuedin Indonesian Language
Ekshibit C Exhibit C
PT MULTI AGRO GEMILANG PLANTATION Tbk PT MULTI AGRO GEMILANG PLANTATION TbkDAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
Jumlah/ Total
Kepentingan non-pengendali/
Non-controlling interest
Jumlah ekuitas/ Total equity
Komponen ekuitas lainnya /
Lihat Catatan atas Laporan Keuangan Konsolidasian terlampir yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements which are integral part of the Consolidated Financial Statements taken as a whole
(26,140,093,892) 894,484,342,838
897,934,283,407 Balance as of March 31, 2015
Balance as of 1 January 2015
Total comprehensive income for the year3,449,940,569 3,449,940,569
Unrelized loss from available forsale financial assets
730,455,138 (22,690,153,323)
-
4
900,000,000,000 19,906,085,643 (12,104,051) 23,044,346,464 946,572,975,042
Jumlah laba (rugi) komprehensif pada tahun berjalan - - - - - (763,885,607) (11,670,702,103)
Kerugian yang belum direalisasi dari asetkeuangan tersedia untuk dijual - - - -
Saldo per 31 Maret 2014 900,000,000,000 19,906,085,643 (12,104,051) 22,280,460,857 934,902,272,939 Catatan 17/Note 17 Catatan 20/Note 20
Jumlah/ Total
-
Kerugian yang belum direalisasi
dari aset keuangan
tersedia untuk dijual/
Unrealized loss from available
for sale financial assets
- -
Saldo laba (rugi)/ Retained earnings
(loss)
Tambahan modal disetor/ Additional
paid-in capital
Ekshibit C
AND ITS SUBSIDIARIES
Selisih transaksi dengan pihak
non-pengendali/ Difference in
value of transactions with non-controlling
Interest
Balance as of 1 January 2014
PT MULTI AGRO GEMILANG PLANTATION TbkDAN ENTITAS ANAKNYA
Saldo per 1 Januari 2014 923,528,628,578 2,904,191,848
STATEMENT OF CHANGE IN EQUITYFOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2014
730,455,138
Selisih nilai transaksi
restrukturisasi entitas
sepengendali/ Difference
arising from restructuring transaction of entities under
commen control
Equity attributable to owner of the Company
Exhibit C
Komponen ekuitas lainnya / Other equity components
PT MULTI AGRO GEMILANG PLANTATION Tbk
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIANUNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2014
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Ekuitas yang dapat diatribusikan kepada entitas induk /
See accompanying Notes to Consolidated Financial Statements which are integral part of the Consolidated Financial Statements taken as a whole
Lihat Catatan atas Laporan Keuangan Konsolidasian terlampir yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan
(10,906,816,496) (10,906,816,496) Total comprehensive income for the year
sale financial assets
730,455,138 (8,002,624,648) 912,621,812,082
Unrelized loss from available for
Balance as of 31 March 2014
-
Jumlah ekuitas/ Total equity
Kepentingan non-pengendali/
Non-controlling interest
Modal ditempatkan dan disetor penuh/
Issued and fully paid capital
-
(Expressed in Rupiah, unless otherwise stated)
These Consolidated Financial Statements are Originally Issuedin Indonesian Language
5
31 March 2015/ 31 Maret 2014/March 31, 2015 March 31, 2014
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIESPenerimaan kas dari pelanggan 28,886,433,931 Cash receipts from customersPembayaran kas kepada pemasok dan untuk beban Cash paid to suppliers and fo other
operasional lainnya (29,383,616,534) operational expensePenerimaan bunga 840,304,791 Interest receivedPembayaran beban keuangan (4,798,348,407) Finance charges paidPembayaran pajak penghasilan 36,794,267 Income tax paidArus kas bersih dari (untuk) aktifitas operasi (4,418,431,952) Net cash flows from (for) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIESProceeds from sale of fixed assets
Hasil penjualan aset tetap - - Perolehan tanaman belum menghasilkan (7,800,065,440) - Acquisition of immature plantationsPerolehan pembibitan (7,983,581,981) Acquisition of nurseryPerolehan aset tetap (83,640,000) (567,771,401)Peningkatan aset tidak lancar lainnya - - Increase in other non - current assets
Arus kas bersih untuk aktivitas investasi (8,551,353,382) Net cash flows for investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIESPenerimaan dari pihak berelasi 5,000,000,000 Proceeds from related parties Penerimaan dari utang jangka pendek 7,726,717,275 Proceeds of short - term bank loanPenerimaan dari penerbitan saham melalui Proceeds from issurance of new shares
penawaran umum perdana - - Biaya emisi saham - - Share inssurance costPenurunan utang pembelian
kendaraan (688,175,969) Decrease of liabilites on purchase of vehicle Peningkatan (penurunan) liabilitas sewa pembiayaan 121,646,330 Increase (decrease) of finance lease liabilities
Arus kas bersih dari aktivitas pendanaan 12,160,187,636 Net cash flows from financing activities
KENAIKAN (PENURUNAN) BERSIH KAS DAN BAK (809,597,698) NET INCREASE (DECREASE) IN CASH AND
CASH ON HAND AND IN BANKS ATKAS DAN BANK PADA AWAL PERIODE 4,195,681,301
CASH ON HAND AND IN BANKS ATKAS DAN BANK PADA AKHIR PERIODE 3,386,083,603
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)31 MARET 2015 DAN 2014
LAPORAN ARUS KAS KONSOLIDASIAN DAN ENTITAS ANAKNYA
PT MULTI AGRO GEMILANG PLANTATION Tbk.
(Expressed in Rupiah, unless otherwise stated)MARCH 31, 2015 AND 2014
Eksibit D Exhibit D
AND ITS SUSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS
See accompaying Notes to Consolidated Financial Statements which are integral part of
the Conslidated Financial Statements taken as a whole
Lihat Catatan atas Laporan Keuangan Konsolidasiaan yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan
(13,630,652,419)
- 5,720,906,681
2,467,611,828
913,719,377
1,175,844,836
(7,926,393,050)
equipment
(42,687,610)
(2,905,367,305) 4,069,116
(261,334,000) (146,343,000)
Acquisitions of property, plant and equipment
22,252,857,289
PT MULTI AGRO GEMILANG PLANTATION Tbk.
FOR THE THREE MONTHS PERIOD ENDEDUNTUK PERIODE TIGA BULAN YANG BERAKHIR
END OF PERIOD
2,525,368,450
Through initial public offering
349,920,378
262,125,459 ON HAND AND IN BANKS
BEGINNING OF PERIOD
6
1. UMUM 1. GENERAL
a. a.
b. b.
c. c.
Presiden Komisaris : :Komisaris : :
Komisaris Independen : : Perwira Putra Pamilih
Direktur Utama : :Direktur : :
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Pada tanggal 28 Desember 2012, Perusahaan memperoleh SuratPemberitahuan Efektif Pernyataan Penawaran dari Ketua BadanPengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK)dengan suratnya No. S-14783/BL/2012 untuk melakukan PenawaranUmum Saham Perdana (IPO) sejumlah 4.000.000.000 sahamdengan nominal Rp 100 (nilai penuh) per saham kepada masyarakatdengan harga penawaran Rp 110 (nilai penuh) per saham. Padatanggal 16 Januari 2013, seluruh saham tersebut telah dicatat diBursa Efek Indonesia.
Berdasarkan Anggaran Dasar Perusahaan, ruang lingkup kegiatanusaha Perusahaan dalam bidang perkebunan kelapa sawit.
Kantor pusat Perusahaan berlokasi di Panin Tower Lantai 11,Komplek Senayan City, Jalan Asia Afrika Lot 19, Gelora, TanahAbang, Jakarta Pusat.
Berdasarkan Akta Notaris H.Teddy Anwar SH SpN. No. 35 tanggal16 Maret 2015, Notaris di Jakarta, susunan Dewan Komisaris danDireksi Perusahaan pada tanggal 31 Maret 2015 adalah sebagaiberikut:
Based on The Company's Articles of Association, the scope ofactivities of the Company is mainly to engage in palm oil plantation
The head office is located at Panin Tower 11th Floor, Senayan CityComplex, Jalan Asia Afrika Lot 19, Gelora ,Tanah Abang, CentralJakarta.
On 28 December 2012, the Company obtained the EffectiveNotification Letter of Offering Statement from Chief of the CapitalMarket and Financial Institution Supervisory Agency (Bapepam-LK)through its Letter No. S-14783/BL/2012 for the Company's InitialPublic Offering (IPO) of 4,000,000,000 shares with a par value of Rp100 (full amount) per share to the public at an offering price of Rp 110 (full amount) per share. On 16 January 2013, all the shares werelisted on the Indonesian Stock Exchange.
Based on the Notarial deed H.Teddy Anwar SH SpN. No. 35 dated 16March 2015, Notary in Jakarta, the members of the Company's Boardof Commissioners and Directors as of 31 March 2015 are as follows:
The Company's Public Offering of Shares
Eksibit E
PT Multi Agro Gemilang Tbk (the "Company") was established as PTJo Perkasa Agro Technologies based on the Notarial deed No. 4dated 13 April 2005 of Herlina Pakpahan, S.H., Notary in Jakarta.The deed of establishment has been approved by the Ministry ofJustice of the Republic of Indonesia in his Decision Letter No. C-12513 HT.01.01.TH.2005 dated 10 May 2005, and was published inthe State Gazette of the Republic of Indonesia No. 101 dated 20December 2005, Supplement No. 13083.
Anggaran Dasar Perusahaan telah mengalami beberapa kaliperubahan, yang terakhir dengan akta Notaris No. 8 tanggal 4 Maret2013 dari H. Teddy Anwar, S.H., SpN., Notaris di jakarta, mengenaipeningkatan modal ditempatkan dan modal disetor. Perubahan initelah diterima dan dicatat oleh Menteri hukum dan Hak AsasiManusia Republik Indonesia dengan surat penerimaanpemberitahuan No. AHU-AH.01.10-28634 tanggal 12 Juli 2013
The Company's Articles of Association has been amended severaltimes, most recently by Notarial deed No. 8 dated 4 March 2013 ofH. Teddy Anwar, S.H., SpN., Notary in Jakarta, concering theincrease of issued and paid-up capital. The amendment wich hadbeen reported and acknowledge by Ministry of Law and Humanacceptance notification receipt No. AHU-AH.01.10-28634 dated 12July 2013
Pendirian Perusahaan Company Establishment
Board of Commissioners, Directors and EmployeesDewan Komisaris, Direksi dan Karyawan
PT Multi Agro Gemilang Plantation Tbk, ("Perusahaan") didirikandengan nama PT Jo Perkasa Agro Technologies berdasarkan aktanotaris No. 4 tanggal 13 April 2005 dari Herlina Pakpahan, S.H.,Notaris di jakarta. Akta pendirian Perusahaan telah disahkan olehMenteri Kehakiman Republik Indonesia dalam Surat Keputusan No.C-12513 HT.01.01.TH.2005 tanggal 10 Mei 2005, serta diumumkandalam lembaran Berita Negara Republik Indonesia No. 101 tanggal20 Desember 2005, Tambahan No. 13083.
Penawaran Umum Efek Perusahaan
Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
ChairmanCommissioner
Independent Commisioner
President Director
2015
Drs. Maksum KhandariNurhandy
Mohammad Arsyad Zsatur
Ir. Nanang Ibnur RosyidSusanto SoripBobby Alianto
Afrizal
7
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
1. UMUM (Lanjutan) 1. GENERAL (Continued)
c. Dewan Komisaris, Direksi dan Karyawan c. Board of Commissioners, Directors and Employees(Lanjutan) (Continued)
Presiden Komisaris : :Komisaris : :
Komisaris Independen : : Perwira Putra Pamilih
Direktur Utama : Djoko Prijatno SE. Akt., MBM. :Direktur : :
d. Entitas Anak d. Subsidiaries
Entitas anak/ subsidiaries
Pemilikan Langsung
PT Boswa Megapolis
(Boswa)
PT Bumi Orion Sawit Subur
(Boss) (*)
PT Brent Multidaya (Brent) (*)
(*)Masih dalam tahap pengembangan/ Still under development stage
PT Boswa Megapolis (Boswa) PT Boswa Megapolis (Boswa)
Perusahaan dan entitas anak mempunyai 87 dan 90 pegawai tetap,masing-masing pada tanggal 31 Maret 2015 dan 31 Desember 2014
The Company and its subsidiary have a total of 87 and 90permanent employees as of March 31, 2015 and 31 December 2014,respectively
Domisilisi/
Domicile
Bidang komersial
Pesentase kepemilikan /
Riau/ Riau
Aceh/ Aceh
Berdasarkan Akta Perjanjian Jual Beli Saham No. 57 dan 58 tanggal16 Desember 2010 dari H. Teddy Anwar, S.H., SpN., Notaris diJakarta, Perusahaan membeli Boswa milik PT Santika Griya Persadadan PT Parama Multidaya, keduanya pihak sepengendali, secarakeseluruhan sebanyak 1.275.000.000 saham dengan biayaperolehan sebesar Rp 127.500.000.000 atau 85,00% dari seluruhmodal ditempatkan dan disetor Boswa.
Based on Sale and Purchase of Shares Deed No. 57 and 58 dated16 December 2010 of H. Teddy Anwa, S.H., SpN., Notary in Jakarta,the Company acquired the shares of Boswa, owned by PT SantikaGriya Persada and PT Parama Multidaya, under common controlentities, totaling 1,275,000,000 shares with acquisition costamounting to Rp 127,500,000,000 or 85,00% of Boswa's issued andfully paid capital.
99.99%
93.57%
Palm oil plantation
Perkebunan kelapa sawit/
Perkebunan kelapa sawit/
business
usaha/
Nature of
99.99%99.99%
Percetage of ownership
2015 2014Total assets before elemination
operations
commercial
Jumlah aset sebelum eliminasi/
2015 2014
Mulai beroperasi
Start of
Director
Oli palm plantation and mill
Perkebunan dan pabrik kelapa sawit/
West Borneo
Kalimantan Barat/
Pada tanggal 31 Maret 2015 dan 31 Desember 2014 susunanEntitas Anak yang dikonsolidasikan adalah sebagai berikut
Chairman
President
Commissioner
Independent Commisioner
As of March 31, 2015 and December 31, 2014, the consolidatedsubsidiaries are as follows:
-
-
Palm oil plantation
101,990,636,133
129,231,971,828
86,600,064,392
631,463,402,206 596,424,416,354
99.99%
93.57%2008
130,339,022,659
2014
Drs. Maksum KhandariNurhandy
Mohammad Arsyad Zsatur
Susanto SoripBobby Alianto
Ir. Nanang Ibnur Rosyid
Berdasarkan Akta Notaris No. 84 tanggal 26 Juni 2013 dari H. TeddyAnwar, S.H., SpN., Notaris di jakarta, susunan Dewan Komisaris danDireksi Perusahaan pada tanggal 31 Desember 2014 adalahsebagai berikut:
Based on the Notarial deed No. 84 dated 26 June 2013 of H. TeddyAnwar, S.H ., SpN., Notary in Jakarta, the members of theCompany's Board of Commissioners and Directors as of 31December 2014 are as follows :
8
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
1. UMUM (Lanjutan) 1. GENERAL (Continued)
d. Entitas Anak (Lanjutan) d. Subsidiaries (Continued)
PT Boswa Megapolis (Boswa) (Lanjutan) PT Boswa Megapolis (Boswa) (Continued)
PT Bumi Orion Sawit Subur (Subur) PT Bumi Orion Sawit Subur (Subur)
Based on the Extraordinary General Meeting of Shareholders dated28 January 2013 which were covered by notarial Deed No. 22 dated08 February 2013 of H. Teddy Anwar, S.H., SpN., Notary in Jakarta,Boswa increased its issued and paid-up capital from 2,500,000,000shares to 3,500,000,000 shares with a nominal value of Rp 100per share, which is entirely taken by the Company. This transactionraised the Company’s ownership from 91.00% to 93.571%. Thedifference arising from change of the equity was recorded as part ofDifference in Value Arising from Transactions with Non-controllingInterests under Other Equity Components amounting to Rp250,788,679.
Berdasarkan Keputusan Rapat Umum Pemegang Saham Luar Biasatanggal 28 Januari 2013 yang diaktakan dalam PernyataanKeputusan Rapat Akta No. 22 tanggal 08 Februari 2013 dari H.Teddy Anwar, S.H., SpN., Notaris di Jakarta, Boswa meningkatkanmodal ditempatkan dan disetor dari semula sebanyak 2.500.000.000saham menjadi sebanyak 3.500.000.000 saham dengan nilainominal Rp 100 per lembar saham, yang seluruhnya diambil olehPerusahaan. Transaksi ini menyebabkan kepemilikan sahamPerusahaan berubah dari 91,00% menjadi 93,571%. Selisih atasperubahan ekuitas tersebut dicatat sebagai bagian dari akunSelisih Nilai Transaksi dengan Kepentingan Non-pengendali dalamKomponen Ekuitas Lainnya sebesar Rp 250.788.679.
Berdasarkan Akta Perjanjian Jual Beli Saham No. 69 tanggal29 Mei 2012 dari H. Teddy Anwar, S.H., SpN., Notaris di Jakarta,Perusahaan membeli saham Subur milik PT Parama Multidaya, pihaksepengendali, sebanyak 499 saham dengan biaya perolehan sebesarRp 499.000.000 atau 49,90% dari modal ditempatkan dan disetorSubur, sehingga kepemilikan saham Perusahaan pada Suburmenjadi sebanyak 999 saham atau 99,90 %.
Berdasarkan Akta Perjanjian Jual Beli Saham No. 116 dan117 tanggal 30 April 2012 dari H. Teddy Anwar, S.H., SpN.,Notaris di Jakarta, Perusahaan membeli saham Subur masing-masing milik PT Multi Karang Intan Permai, pihak ketiga, sebanyak350 saham dan PT Parama Multidaya, pihak sepengendali sebanyak150 saham dengan biaya perolehan secara keseluruhansebesar Rp 500.000.000 atau 50 % dari modal ditempatkan dandisetor Subur.
Based on Sales and Purchases of Shares Deed No. 116 and 117dated 30 April 2012 of H. Teddy Anwar, S.H., SpN., Notary inJakarta, the Company acquired the shares of Subur, respectively,owned by PT Multi Karang Intan Permai, third party, and PT ParamaMultidaya, entity under common control, totalling 350 shares and 150shares with cost value Rp 500,000,000 or 50% of Subur’s issued andfully paid-up capital.
Based on Sales and Purchases of Shares Deed No. 69 dated 29May 2012 of H. Teddy Anwar, S.H., SpN., Notary in Jakarta, theCompany acquired the shares of Subur, owned by PT ParamaMultidaya, entity under common control, totalling 499 shares withacquisition cost Rp 499,000,000 or 49.90% of Subur’s issued andfully paid-up capital, so that the ownership of Subur became 999shares or 99.90%.
In June 2012, the Company increased the ownership ofBoswa totaling 1,000,000,000 shares, so that the ownership ofBoswa increased from 85.00% to 91.00%. The difference arising fromchange of the equity was recorded as part of Difference in ValueArising from Transactions with Noncontrolling Interests Interestsunder Other Equity Components amounting to Rp 478,961,762.
Pada Juni 2012, Perusahaan meningkatkan kepemilikan sahampada Boswa sebanyak 1.000.000.000 saham, sehingga kepemilikansaham berubah dari 85,00% menjadi 91,00%. Selisih atasperubahan ekuitas tersebut dicatat sebagai bagian dari akun SelisihNilai Transaksi dengan Kepentingan Non-pengendali dalamKomponen Ekuitas Lainnya sebesar Rp 478.961.762.
9
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
1. UMUM (Lanjutan) 1. GENERAL (Continued)
d. Entitas Anak (Lanjutan) d. Subsidiaries (Continued)
PT Bumi Orion Sawit Subur (Subur) (Lanjutan) PT Bumi Orion Sawit Subur (Subur) (Continued)
Total Aset Total AssetsTotal Liabilitas Total Liabilities
Liabilities bersih Net LiabilitiesKepemilikan yang diakuisisi Acquisition cost
Liabilitas bersih yang diperoleh Net liabilities acquiredSelisih nilai transaksi restrukturisasi Difference in value from restructuring
entitas sepengendali pada saat akuisisi transactions of entities under common control
Goodwill pada saat akuisisi Goodwill on acquisition
PT Brent Multidaya (Brent) PT Brent Multidaya (Brent)
Berdasarkan Akta Perjanjian Jual Beli Saham No. 15 tanggal 8November 2010 dari H. Teddy Anwar, S.H., SpN., Notaris di Jakarta,Perusahaan membeli saham Brent milik PT Parama Multidaya, pihaksepengendali, secara keseluruhan sebanyak 599 saham denganbiaya perolehan sebesar Rp 599.000.000 atau 99,83% dari seluruhmodal ditempatkan dan disetor Brent.
Based on Sales and Purchases of Shares Deed No. 15 dated 8November 2010 of H. Teddy Anwar, S.H., SpN., Notary in Jakarta,the Company acquired the shares of Brent, owned by PT ParamaMultidaya, common control entity, totalling of 599 shares with costvalue Rp 559,000,000 or 99.83% of Brent’s issued and fully paid-upcapital.
Berdasarkan Keputusan Rapat Umum Perusahaan PemegangSaham Luar Biasa tanggal 07 Februari 2013 diaktakan dalamPernyataan Keputusan Rapat Akta No. 24 tanggal 08 Februari 2013dari H. Teddy Anwar, S.H., SpN., Notaris di Jakarta, Suburmeningkatkan modal ditempatkan dan disetor dari semula sebanyak65.000 saham menjadi sebanyak 90.000 saham dengan nilai nominalRp 1.000.000 per lembar saham, yang seluruhnya diambil olehPerusahaan. Transaksi ini menyebabkan kepemilikan sahamPerusahaan berubah dari 99,998% menjadi 99,999%. Selisih atasperubahan ekuitas tersebut dicatat sebagai bagian dari akun SelisihNilai Transaksi dengan Kepentingan Non-pengendali sebesar Rp365.518.
Pada November 2010, Perusahaan meningkatkan kepemilikansaham pada Brent sebanyak 14.400 saham. Pada Mei 2012,Perusahaan meningkatkan kepemilikan saham pada Brent sebanyak45.000 saham. Kepemilikan saham Perusahaan pada Brent menjadi99,99%.
In November 2010, the Company increased the ownership of Brenttotaling 14,400 shares. In May 2012, the Company increased theownership of Brent totalling 45,000 shares. The Company’sownership of Brent became 99.99%.
Based on the Extraordinary General Meeting of Shareholdersdated 07 February 2013 which were covered by notarial Deed No. 24dated 08 February 2013 of H. Teddy Anwar, S.H., SpN., Notary inJakarta, Subur increased its issued and paid-up capital of sharesfrom 65,000 shares to 90,000 shares with a nominal value of Rp1,000,000 per share, which is entirely taken by the Company. Thistransaction resulted the Company’s ownership changed from99.998% to 99.999%. The difference arising from change of theequity was recorded as part of Difference in Value Arising fromTransactions with Non-controlling Interests amounting to Rp 365,518.
1,552,872,254
(2,390,322,622)
999,000,000
23,548,566,021
Pada saat akuisisi, Perusahaan mencatat/ mengakui aset danliabilitas sebagai berikut:
When acquired, the Company recorded/ recognized assets andliabilities are as follows:
1,552,872,254
(1,391,322,622)
24,939,888,643
(1,391,322,622)
2014
837,450,368
2015
23,548,566,021 24,939,888,643
999,000,000
(2,390,322,622)
837,450,368
10
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
1. UMUM (Lanjutan) 1. GENERAL (Continued)
d. Entitas Anak (Lanjutan) d. Subsidiaries (Continued)
PT Brent Multidaya (Brent) (Lanjutan) PT Brent Multidaya (Brent) (Continued)
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Dasar Penyajian Laporan Keuangan Konsolidasian a. Basis of Preparation of the Consolidated Financial Statements
The consolidated financial statements, except for the consolidatedstatements of cash flows, have been prepared under historical costconcept and accrual basis, except for certain accounts which aremeasured on the bases described in the related accountingpolicies of each account.
Laporan keuangan konsolidasian telah disajikan sesuai dengan StandarAkuntansi Keuangan di Indonesia (SAK), yang mencakup PernyataanStandar Akuntansi Keuangan (PSAK) dan Interpretasi StandarAkuntansi Keuangan (ISAK) yang dikeluarkan oleh Dewan StandarAkuntansi Keuangan Ikatan Akuntan Indonesia serta peraturan BadanPengawas Pasar Modal dan Lembaga Keuangan (BAPEPAM-LK)Nomor VIII.G.7 tentang Pedoman Penyajian dan PengungkapanLaporan Keuangan Emiten atau Perusahaan Publik.
The consolidated financial statements have been prepared inaccordance with Indonesian Financial Accounting Standards (SAK),which comprise the Statements of Financial Accounting Standars(PSAK) and Interpretations of Financial Accounting Standards (ISAK)issued by the Financial Accounting Standards Board of the IndonesianInstitute of Accountants and the Capital Market and FinancialInstitution Supervisory Agency (BAPEPAM-LK) regulation NumberVIII.G.7 regarding on the Guidelines on Presentations and Disclosures ofFinancial Statements of Listed Entity or Company.
Laporan keuangan konsolidasian, kecuali untuk laporan arus kaskonsolidasian, disusun berdasarkan konsep harga perolehan dandasar akrual, kecuali untuk beberapa akun tertentu yang diukurberdasarkan pengukuran sebagaimana diuraikan dalam kebijakanakuntansi masing-masing akun tersebut.
Based on the Extraordinary General Meeting of Shareholders dated07 February 2013 which were covered by notarial Deed No. 23 dated08 February 2013 of H. Teddy Anwar, S.H., SpN., Notary in Jakarta,Brent increased its issued and paid-up capital of shares from 60,000shares to 85,000 shares with a nominal value of Rp 1,000,000 pershare, which is entirely taken by the Company. This transactioncause the Company’s ownership changed from 99.998% to 99.999%.The difference arising from change of the equity was recorded as partof Difference in Value Arising from Transactions with Non-controllingInterests amounting to Rp 339,179.
Items included in the consolidated financial statements are measuredusing the currency of primary economic environment in which theCompany operates (the functional currency). The financialstatements are presented in Rupiah, which is the Company’sfunctional and presentation currency.
The consolidated statements of cash flows have been preparedbased on the direct method by classifying the cash flows on thebasis of operating, investing and financing activities.
Transaksi-transaksi yang termasuk dalam laporan keuangankonsolidasian diukur dengan mata uang lingkungan ekonomi utamadimana Perusahaan beroperasi (mata uang fungsional). Laporankeuangan disajikan dalam Rupiah, yang merupakan mata uangfungsional dan penyajian Perusahaan.
Berdasarkan Keputusan Rapat Umum Pemegang Saham Luar Biasatanggal 07 Februari 2013 yang diaktakan dalam PernyataanKeputusan Rapat Akta No. 23 tanggal 08 Februari 2013 dari H.Teddy Anwar, S.H., SpN., Notaris di Jakarta, Brent meningkatkanmodal ditempatkan dan disetor dari semula sebanyak 60.000 sahammenjadi sebanyak 85.000 saham dengan nilai nominal Rp 1.000.000per lembar saham, yang seluruhnya diambil oleh Perusahaan.Transaksi ini menyebabkan kepemilikan saham Perusahaanberubah dari 99,998% menjadi 99,999%. Selisih atas perubahanekuitas tersebut dicatat sebagai bagian dari akun Selisih NilaiTransaksi dengan Kepentingan Non-pengendali sebesar Rp 339.179.
Laporan arus kas konsolidasian disusun dengan menggunakanmetode langsung (direct method) dengan mengklasifikasikan aruskas sebagai aktivitas operasi, investasi dan pendanaan.
11
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Lanjutan) (Continued)
a. Dasar Penyajian Laporan Keuangan Konsolidasian (Lanjutan) a.
1. PSAK 38 (Revisi 2012) “Kombinasi Bisnis Entitas Sepengendali” 1.
2. Penyesuaian PSAK 60 (Revisi 2010) “Instrumen 2. Amendment to PSAK 60 (Revised 2010) “FinancialKeuangan”: Pengungkapan Instrument”: Disclosure
- ISAK 27, Transfer of Assets from Customers- ISAK 28, Extinguishing Financial Liabilities with
Equity Instruments- SAK 29, Stripping Costs in the Production Phase of a
Surface Mine- PPSAK 10, Withdrawal of PSAK 33, Land
Stripping Activity and Environment Management on General Mine
The new standards retain the pooling interest method whereassets and liabilities acquired in the business combination arerecorded by the acquirer at their book values.
Standar baru ini mempertahankan penerapan metode penyatuankepemilikan di mana aset dan liabilitas yang diperoleh dalamkombinasi bisnis di catat oleh pengakuisisi sebesar jumlahtercatatnya.
PSAK 38 (Revised 2012), “Business Combination of EntitiesUnder Common Control”
Standar Akuntansi Keuangan dan Interpretasi StandarKeuangan Baru
This standard requires the disclosures of the description ofcollateral held as security and of other credit enhancements, andtheir financial effect (e.g., quantification of the extent to whichcollateral and other credit enhancements mitigate credit risk) inrespect of the amount that best represents the maximumexposure to credit risk.
New Financial Accounting Standards and InterpretationsFinancial Accounting Standards
Standar revisi ini memberikan ruang lingkup lebih sempit yanghanya mencakup transaksi kombinasi bisnis dengan mengacukepada PSAK 22, Kombinasi Bisnis dalam menentukan apa yangmerupakan pengertian bisnis.
- ISAK 27, Pengalihan Aset dari pelanggan- ISAK 28, Pengakhiran Liabilitas Keuangan dengan Instrumen Ekuitas- ISAK 29, Biaya Pengupasan Tanah Dalam Tahap Produksi Pada Tambang Terbuka- PPSAK 10, Pencabutan PSAK 33, Aktivitas Pengupasan Tanah dan Pengelolaan Lingkungan Hidup pada Pertambangan Umum
Standar ini mensyaratkan pengungkapan antara lain deskripsiagunan yang dimiliki entitas sebagai jaminan, dan peningkatankualitas kredit lain, dan dampak keuangannya (misalnyakuantifikasi sejauh mana agunan dan peningkatan kualitas kreditlain dalam memitigasi risiko kredit) dengan mengacu pada jumlahterbaik dan mencerminkan eksposur maksimum terhadap risikokredit.
Perusahaan masih menganalisa dampak penerapan interpretasibaru berikut yang berlaku sejak 1 Januari 2014 terhadaplaporan keuangan konsolidasian:
This revised standard provides a narrower scope as it only coverbusiness combination transactions between entities undercommon control refers to PSAK 22, Business Combination, indetermining what constitutes a business.
Basis of Preparation of the Consolidated Financial Statements(Continued)
The Company is still assessing the impact of these newinterpretations which are effective on 1 January 2014 to theconsolidated financial statements:
12
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Lanjutan) (Continued)
a. Dasar Penyajian Laporan Keuangan Konsolidasian a.(Lanjutan)
b. Dasar Konsolidasi b. Basis of Consolidation
Business combinations are accounted for using the acquisitionmethod as at the acquisition date, which is the date on which controlis transferred to the Entity. Control is the power to govern thefinancial and operating policies of an entity so as to obtain benefitsfrom its activities. In assessing control, the Entity takes intoconsideration potential voting rights that are currently exercisable.
Kombinasi bisnis dihitung dengan menggunakan metode akuisisipada tanggal akuisisi, yaitu tanggal pengendalian beralih kepadaEntitas. Pengendalian adalah kekuasaan untuk mengatur kebijakankeuangan dan kebijakan operasi entitas untuk memperoleh manfaatdari aktivitasnya. Di dalam menilai pengendalian, Entitasmempertimbangkan hak suara potensial yang saat ini dilaksanakan.
Imbalan yang dialihkan tidak termasuk jumlah yang terkait denganpenyelesaian pada hubungan yang sebelumnya ada. Jumlahtersebut, umumnya diakui di dalam laporan laba rugi.
Pada bulan Desember 2013, Dewan Standar Akuntansi KeuanganIkatan Akuntan Indonesia telah menerbitkan beberapa standarakuntansi baru dan revisi yang akan berlaku efektif pada tahun bukuyang dimulai 1 Januari 2015. Penerapan dini atas standar-standartersebut tidak diperkenankan.
- PSAK 1 (Revisi 2013), Penyajian Laporan Keuangan- PSAK 4 (Revisi 2013), Laporan Keuangan Tersendiri- PSAK 15 (Revisi 2013), Investasi pada Entitas Asosiasi dan Ventura Bersama- PSAK 24 (Revisi 2013), Imbalan Kerja- PSAK 65, Laporan Keuangan Konsolidasian- PSAK 66, Pengaturan Bersama- PSAK 67, Pengungkapan Kepentingan dalam Entitas Lain- PSAK 68, Pengukuran Nilai Wajar
In December 2013, the Accounting Standards Board of The Instituteof Accountants issued a number of new and revised accountingstandards that will become effective for the annual period beginning 1January 2015. Early adoption of these standards is not permitted.
Costs related to the acquisition, other than those associated with theissue of debt or equity securities, that the Entity incurs inconnection with a business combination are expensed as incurred.
New Financial Accounting Standards and InterpretationsFinancial Accounting Standards (Continued)
Basis of Preparation of the Consolidated FinancialStatements (Continued)
The consideration transferred does not include amounts related to thesettlement of pre-existing relationships. Such amounts are generallyrecognised in profit or loss.
- PSAK 1 (Revised 2013), Presentation of Financial Statements- PSAK 4 (Revised 2013), Separate Financial Statements- PSAK 15 (Revised 2013), Investments in Associates and Joint Venture- PSAK 24 (Revised 2013), Employee Benefits- PSAK 65, Consolidated Financial Statements- PSAK 66, Joint Arrangements- PSAK 67, Disclosures of Interest in Other Entities- PSAK 68, Fair Value Measurements
Standar Akuntansi Keuangan dan Interpretasi StandarKeuangan Baru (Lanjutan)
Biaya-biaya terkait dengan akuisisi, selain yang terkait denganpenerbitan surat utang maupun kepemilikan, yang terjadi dalamkaitan kombinasi bisnis Entitas, dibebankan pada saat terjadinya.
13
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Lanjutan) (Continued)
b. Dasar Konsolidasi (Lanjutan) b. Basis of Consolidation (Continued)
Entitas anak Subsidiaries
The financial statements of subsidiaries are included in theconsolidated financial statements from the date that controlcommences until the date that control ceases. The accountingpolicies of subsidiaries have been changed when necessary to alignthem with the policies adopted by the Entity.
Losses applicable to the non-controlling interests in a subsidiary areallocated to the non-controlling interests even if doing so causes thenon-controlling interests to have a deficit balance. Non-controllinginterest is presented in the consolidated statement of financialposition within equity, separately from the equity of the owners of theparent. Upon the loss of control, the The Company andsubsidiary derecognizes the assets and liabilities of the subsidiary,any noncontrolling interests and the other components of equityrelated to the subsidiary. Any surplus or deficit arising on the loss ofcontrol is recognised in profit or loss.
For business combinations completed on or after 1 January 2011, theEntity has the option, on a transaction by transaction basis, toinitially recognise any non-controlling interest in the acquiree which isa present ownership interest and entitles its holders to aproportionate share of the entity’s net assets in the event ofliquidation at either acquisition date fair value or, at the presentownership instruments’ proportionate share in the recognisedamounts of the acquiree’s identifiable net assets. Other componentsof non-controlling interest such as outstanding share options aregenerally measured at fair value.
Apabila Entitas memiliki kekuasaan, baik langsung maupun tidaklangsung, untuk mengatur kebijakan keuangan dan operasi entitasatau bisnis sepanjang memperoleh manfaat dari aktivitas tersebut,maka hal ini disebut sebagai entitas anak. Laporan keuangankonsolidasian menyajikan hasil usaha Entitas dan entitas anakseolah-olah sebagai Entitas tunggal.
Any contingent consideration is recognised at fair value at theacquisition date. If the contingent consideration is classified as equity,it is not re-measured and settlement is accounted for within equity.Otherwise, subsequent changes to the fair value of the contingentconsideration are recognised in profit or loss.
Where the entity has the power, either directly or indirectly, to governthe financial and operating policies of another entity or businessso as to obtain benefits from its activities, it is classified as asubsidiary. The consolidated financial statements present the resultsof the Entity and its subsidiaries as if they formed a single entity.
Laporan keuangan entitas anak dimasukkan ke dalam laporankeuangan konsolidasian sejak tanggal pengendalian dimulai sampaidengan tanggal pengendalian dihentikan. Kebijakan akuntansi entitasanak diubah apabila dipandang perlu untuk menyelaraskankebijakan akuntansi yang diadopsi oleh Entitas.
Semua imbalan kontinjensi diakui pada nilai wajar pada saat tanggalakuisisi. Apabila imbalan kontinjensi diklasifikasikan sebagai ekuitas,maka hal tersebut tidak diukur kembali dan penyelesaiannya dicatatdi dalam ekuitas. Selain itu, perubahan berikutnya terhadap nilaiwajar imbalan kontinjensi diakui di laporan laba rugi.
Bagi kombinasi bisnis yang diselesaikan pada atau setelah tanggal1 Januari 2011, entitas memiliki pilihan terhadap transaksiberdasarkan dasar transaksi, untuk memulai mengakui seluruhkepentingan Non-pengendali di dalam pihak diakuisisi yangmerupakan kepentingan kepemilikan kini dan memberikan hakkepada para pemilik kepemilikan aset bersih proporsional entitaspada saat likuidasi baik pada nilai wajar tanggal akuisisi atau, padainstrumen kepemilikan kini kepemilikan saham proporsional di dalamjumlah yang diakui terhadap aset bersih yang dapat diidentifikasikanpihak diakuisisi. Komponen lainnya kepentingan non-pengendaliseperti opsi saham beredar, umumnya dinilai pada nilai wajar.
Kerugian yang terjadi pada kepentingan non-pengendali pada entitasanak dialokasikan kepada kepentingan Non-pengendali bahkanapabila dialokasikan kepada kepentingan non-pengendali tersebutdapat menimbulkan saldo defisit. Kepentingan non-pengendalidisajikan di dalam laporan keuangan konsolidasian pada bagianekuitas, yang terpisah dari ekuitas pemilik entitas induk. Setelahterjadi hilangnya pengendalian, Perusahaan dan entitas anakmenghentikan pengakuan aset dan liabilitas entitas anak, semuakepentingan non-pengendali dan komponen ekuitas lainnya terkaitdengan entitas anak. Segala surplus atau defisit yang timbul darihilangnya pengendalian, diakui di dalam laporan laba rugi.
14
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Lanjutan) (Continued)
b. Dasar Konsolidasi (Lanjutan) b. Basis of Consolidation (Continued)
Entitas anak (Lanjutan) Subsidiaries (Continued)
Transaksi yang dieliminasi pada konsolidasi Transactions eliminated on consolidation
Transaksi dengan kepentingan non-pengendali
- -
- -
- -
- -- -- -
- -
If the The Company and subsidiary retains any interest in theprevious subsidiary, then such interest is measured at fair value atthe date that control is lost. Subsequently, it is accounted for as anequity-accounted investee or as an available- for-sale financial assetdepending on the level of influence retained.
recognizes any surplus or deficit in profit and loss; and
Jika kehilangan pengendalian atas suatu entitas anak, makaPerusahaan dan entitas anaknya:
In case of loss of control over a subsidiary, the Company and itssubsidiaries:
mengakui setiap perbedaan yang dihasilkan sebagai keuntunganatau kerugian dalam laba rugi; danmereklasifikasi bagian induk atas komponen yang sebelumnyadiakui sebagai pendapatan komprehensif ke laporan laba rugi,atau mengalihkan secara langsung ke saldo laba.
derecognizes the cumulative translation differences,recorded in equity, if any;
derecognizes the carrying amount of any noncontrollinginterest;
derecognized the assets (including goodwill) and liabilities ofthe subsidiary;
Transactions with non-controlling interests are accounted for astransactions with owners in their capacity as owners and therefore nogoodwill is recognized as a result of such transactions. Theadjustments to non-controlling interests are based on a proportionateamount of the net assets of the subsidiary.
reclassifies the parent’s share of components previouslyrecognized in other comprehensive income to profit or loss orretained earnings, as appropriate.
menghentikan pengakuan aset (termasuk setiap goodwill) danliabilitas entitas anak;
menghentikan pengakuan jumlah tercatat setiap kepentingannon-pengendali;
Apabila Perusahaan dan entitas anak masih memiliki bagian didalam entitas anak sebelumnya, maka bagian tersebut diukur padanilai wajar pada tanggal saat pengendalian dihentikan. Selanjutnya,bagian tersebut dicatat sebagai investee dengan ekuitas yangdihitung atau sebagai aset keuangan tersedia untuk dijualbergantung pada besarnya pengaruh.
Intra-group balances and transactions, and any unrealized incomeand expenses arising from intra-group transactions, are eliminatedin preparing the consolidated financial statements. Unrealized gainsarising from transactions with associates are eliminated against theinvestment to the extent of the Company and its subsidiaries’ interestin the investee. Unrealized losses are eliminated in the same way asunrealized gains, but only to the extent that there is no evidence ofimpairment.
mengakui nilai wajar pembayaran yang diterima;mengakui setiap sisa investasi pada nilai wajarnya;
Saldo dan transaksi antar Perusahaan dan entitas anaknya dansemua pendapatan dan beban yang belum terealisasi yang timbuldari transaksi antar Perusahaan dan entitas anaknya, dieliminasi didalam penyusunan dan penyajian laporan keuangan konsolidasian.Laba yang belum terealisasi yang timbul dari transaksi denganentitas asosiasi, dieliminasi terhadap investasi dari bagianPerusahaan dan entitas anaknya di dalam investee. Kerugian yangbelum terealisasi, dieliminasi dengan cara yang sama dengankeuntungan yang belum terealisasi, hanya apabila tidak terdapatbukti penurunan nilai.
Transaksi dengan kepentingan non-pengendali dihitung sebagaitransaksi dengan pemilik dalam kapasitasnya sebagai pemilik danoleh karena itu tidak terdapat goodwill yang diakui sebagai hasiltransaksi tersebut. Penyesuaian kepentingan non-pengendaliberdasarkan jumlah proporsional aset bersih entitas anak.
menghentikan pengakuan akumulasi selisih penjabaran, yangdicatat di ekuitas, bila ada;
recognizes the fair value of any investment retained;recognizes the fair value of consideration received;
Transactions with non-controlling interests
15
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Lanjutan) (Continued)
b. Dasar Konsolidasi (Lanjutan) b. Basis of Consolidation (Continued)
c. Transaksi dengan Pihak-Pihak Berelasi c. Transactions with Related Parties
(a) (a)
(b) (b)
(iii)
(ii)
Apabila Entitas menyajikan laporan keuangan tersendiri sebagaiinformasi tambahan yang dikonsolidasikan kepada laporan keuangankonsolidasian, maka investasi pada entitas anak, entitas asosiasi danventura bersama, disajikan di dalam laporan posisi keuangan Entitassenilai nilai tercatat dikurangi akumulasi kerugian penurunan nilai.Terhadap pelepasan investasi pada entitas anak dan entitas asosiasi,perbedaan antara jumlah neto hasil pelepasan dan jumlah tercatatdari investasi diakui di dalam laporan laba rugi.
Akuntansi bagi entitas anak dan entitas asosiasi di dalamlaporan keuangan tersendiri
(ii)
kedua entitas tersebut adalah ventura bersama dari pihakketiga yang sama.
(iv)
satu entitas adalah entitas asosiasi atau ventura bersamadari entitas lain (atau entitas asosiasi atau venturabersama yang merupakan anggota suatu kelompok usaha,yang mana adalah anggotanya).
(iii)
Satu entitas adalah ventura bersama dari entitas ketigadan entitas yang lainadalah entitas asosiasi dari entitas ketiga.
entitas dan entitas pelapor adalah anggota darikelompok usaha yang sama (artinya entitas induk, entitasanak, dan entitas anak berikutnya terkait dengan entitaslain).
(i)
is a member of the key management personnel of thereporting entity or of a parent of the reporting entity.
Accounting for subsidiaries and associates and joint ventures inseparate financial statements
(iii)
(ii) has significant influence over the reporting entity; or
(iii)
Perusahaan dan entitas anaknya melakukan transaksi dengan pihak-pihak berelasi sebagaimana didefinisikan dalam PSAK 7 (Revisi2010), “Pengungkapan Pihak-Pihak Berelasi”.
memiliki pengaruh signifikan atas entitas pelapor; atau
(i) the entity and the reporting entity are members of thesame group (which means that each parent, subsidiary andfellow subsidiary is related to the others).
A person or a close member of the person’s family is related to areporting entity if that person:
The Company and its subsidiaries enters into transactions withrelated parties as defined in PSAK 7 (Revised 2010), “RelatedParties Disclosure”.
(iv)
Related party represents a person or an entity who is related to thereporting entity:
one entity is a joint venture of a third entity and the otherentity is anassociate of the third entity.
Pihak berelasi adalah orang atau entitas yang terkait denganentitas pelapor:
If the Entity presents separate financial statements as additionalinformation to the consolidated financial statements, investments insubsidiaries, associates and joint ventures are stated in the Entity’sseparate statement of financial position at cost less accumulatedimpairment losses. On disposal of investments in subsidiaries andassociates, the difference between disposal proceeds and thecarrying amounts of the investments are recognised in the profit orloss.
An entity is related to a reporting entity if any of the followingconditions applies:
personil manajemen kunci entitas pelapor atauentitas induk entitas pelapor.
Orang atau anggota keluarga terdekat mempunyai relasidengan entitas pelapor jika orang tersebut:
(ii) one entity is an associate or joint venture of the otherentity (or an associate or joint venture of a member of agroup of which the other entity is a member).
both entities are joint ventures of the same third party.
Suatu entitas berelasi dengan entitas pelapor jika memenuhisalah satu hal berikut:
16
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
c. Transaksi dengan Pihak-Pihak Berelasi (Lanjutan) c. Transactions with Related Parties (Continued)
d. Persediaan d. Inventories
e. Beban Dibayar di Muka e. Advance and Prepaid Expenses
f. Tanaman Perkebunan f. Plantations
(v)
orang yang diidentifikasi dalam huruf (a)(i) memilikipengaruh signifikan atas entitas atau personil manajemenkunci entitas (atau entitas induk dari entitas).
entitas yang dikendalikan atau dikendalikan bersamaoleh orang yang diidentifikasi dalam huruf (a).
entitas tersebut adalah suatu program imbalan pasca-kerjauntuk imbalan kerja dari salah satu entitas pelapor atauentitas yang terkait dengan entitas pelapor. Jika entitaspelapor adalah entitas yang menyelenggarakan programtersebut, maka entitas sponsor juga berelasi dengan entitas
the entity is a post-employment benefit plan for the benefit ofemployees of either the reporting entity or an entity related tothe reporting entity. If the reporting entity is itself such a plan,the sponsoring employers are also related to the reportingentity.
(vi)
(v)
All material transactions and balances made with related parties,whether performed by the same terms and conditions to third party,have been disclosed in the financial statements.
Prepaid expenses are amortized over their beneficial periodsusing the straight-line method.
Inventories are stated at the lower of cost or net realizable value.Cost is determined using the weighted-average method. Allowancefor inventory obsolescence, if necessary, is determined based on areview of the physical state of inventories at the end of the year.
Immature plantations are stated at cost consisting of landpreparation, planting, fertilizing and maintenance, includingcapitalized borrowing cost used to finance the development ofimmature plantations, and other indirect costs allocated based onhectares are planted. By the time the plantation already produces,the accumulated costs will be reclassified to mature plantations.Depreciation of mature plantations begins in the year the plantationproduces using the straight-line method over the estimated usefullifes of 20 years.
(vi)
(vii) a person identified in (a)(i) has significant influenceover the entity or is a member of the key managementpersonnel of the entity (or of a parent of the entity).
Seluruh transaksi dan saldo material yang dilakukan dengan pihak-pihak berelasi, baik yang dilakukan dengan kondisi dan persyaratanyang sama dengan pihak ketiga maupun tidak, telah diungkapkanpada laporan keuangan.
Persediaan dinyatakan sebesar nilai yang terendah antara biayaperolehan dan nilai realisasi bersih (the lower of cost or netrealizable value). Biaya perolehan ditentukan dengan menggunakanmetode rata-rata tertimbang (weighted-average method). Penyisihanuntuk persediaan usang, jika diperlukan, ditentukan berdasarkanhasil penelaahan terhadap keadaan fisik persediaan pada akhirtahun.
the entity is controlled or jointly controlled by a personidentified in (a).
(vii)
Beban dibayar di muka diamortisasi selama masa manfaat masing-masing biaya dengan menggunakan metode garis lurus.
Tanaman belum menghasilkan dinyatakan sebesar biaya-biaya yangterjadi yang meliputi biaya persiapan lahan, penanaman, pemupukandan pemeliharaan termasuk kapitalisasi biaya pinjaman yangdigunakan untuk membiayai pengembangan tanaman belummenghasilkan dan beban tidak langsung lainnya yang dialokasikanberdasarkan luas hektar tertanam. Pada saat tanaman sudahmenghasilkan, akumulasi beban-beban tersebut akan di reklasifikasike tanaman menghasilkan. Penyusutan tanaman menghasilkandimulai pada tahun tanaman tersebut menghasilkan denganmenggunakan metode garis lurus selama taksiran masa manfaatekonomis, yaitu 20 tahun.
17
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Nurseries
h. Property, Plant and Equipment
Jenis aset tetap Type of property, plant and equipment
Bangunan dan infrastrukturMesin dan alat beratKendaraan VehiclePeralatan kantor Office equipment
Tanah dinyatakan berdasarkan biaya perolehan dan tidak disusutkan.
Tanaman kelapa sawit dinyatakan menghasilkan bila telahberumur tiga sampai dengan empat tahun yang pada umumnyatelah menghasilkan Tandan Buah Segar (TBS) rata-rata empatsampai dengan enam ton per hektar dalam satu tahun.
Beban-beban yang timbul setelah aset tetap digunakan, sepertibeban perbaikan dan pemeliharaan, dibebankan ke laporan laba rugikomprehensif pada saat terjadinya. Apabila beban-beban tersebutmenimbulkan peningkatan manfaat ekonomis di masa datang daripenggunaan aset tetap tersebut yang dapat melebihi kinerjanormalnya, maka beban-beban tersebut dikapitalisasi sebagaitambahan biaya perolehan aset tetap.
Aset tetap, kecuali tanah, disusutkan sampai dengan nilaisisanya menggunakan metode garis lurus selama estimasi masamanfaat ekonomis aset tetap sebagai berikut:
Beban-beban yang terjadi untuk pembibitan, pembelian bibit danpemeliharaannya dinyatakan sebesar biaya perolehan. Akumulasibeban ini akan dipindahkan ke akun “Tanaman Belum Menghasilkan”pada saat bibit tanaman siap ditanam.
Property, plant and equipment, except for land, are depreciatedestimated on straight line methode over their useful lifes as follows:
8-104-20
Cost incurred for nurseries, purchase of seeds and maintenance arestated at cost. The accumulated costs will be transferred to“Immature Plantations” account at the time the nurseries are ready tobe planted.
Expenditures incurred after the property, plant and equipmenthave been used in operations, such as repairs and maintenancecosts, are normally charged to the statements ofcomprehensive income such costs are incurred. In situations where itcan be clearly demonstrated that the expenditures have resulted inan increase in the future economic benefits expected to be obtainedfrom the use of the property, plant and equipment beyond itsoriginally assessed standard of performance, the expenditures arecapitalized as additional costs of property, plant and equipment.
4-84-8
Building and infrastructurMachinery and heavy equipment
Aset tetap dinyatakan berdasarkan biaya perolehan, tetapi tidaktermasuk biaya perawatan sehari-hari, dikurangi akumulasipenyusutan dan akumulasi rugi penurunan nilai, jika ada.
Palm oil plantations are considered as mature when they arealready three to four years old and, in general, already produce FreshFruit Bunches (FFB) averaging four to six tons per hectare in oneyear.
Biaya perolehan awal aset tetap meliputi biaya perolehan, termasukbea impor dan pajak pembelian yang tidak boleh dikreditkan danbiaya- biaya yang dapat diatribusikan secara langsung untukmembawa aset ke lokasi dan kondisi yang diinginkan sesuai dengantujuan penggunaan yang ditetapkan.
Land is stated at cost and not depreciated.
g. Pembibitan
Masa manfaat (tahun)/ Useful lifes (years)
The initial cost of property, plant and equipment consists of itspurchase price, including import duties and taxes and any directlyattributable costs in bringing the property and equipment to itsworking condition and location for its intended use.
Property, plant and equipment are stated at cost, excluding day-to-day servicing, less accumulated depreciation and any impairmentvalue, if any.
h. Aset Tetap
18
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
h. Aset Tetap (Lanjutan) h. Property, Plant and Equipment (Continued)
i. Aset dan Liabilities Keuangan i. Financial Assets and Liabilities
Aset Keuangan Financial Assets
Financial assets at fair value through profit and loss(i)(i)
Aset dalam penyelesaian dinyatakan sebesar biaya perolehan.Biaya perolehan tersebut termasuk biaya pinjaman yang terjadiselama masa pembangunan yang timbul dari utang yang digunakanuntuk pembangunan aset tersebut. Akumulasi biaya perolehan akandipindahkan ke masing-masing aset tetap yang bersangkutan padasaat pembangunan selesai dan siap digunakan.
Nilai residu, umur manfaat, serta metode penyusutan ditelaah setiapakhir tahun dan dilakukan penyesuaian apabila hasil telaah berbedadengan estimasi sebelumnya.
Aset keuangan diklasifikasikan ke dalam kategori (i) aset keuanganyang diukur pada nilai wajar melalui laporan laba rugi, (ii) pinjamanyang diberikan dan piutang, (iii) aset keuangan dimiliki hingga jatuhtempo, dan (iv) aset keuangan tersedia untuk dijual. Klasifikasi initergantung dari tujuan perolehan aset keuangan tersebut.Manajemen menentukan klasifikasi aset keuangan tersebut padasaat awal pengakuannya.
The asset’s residual values, useful lifes and depreciation method arereviewed and adjusted if appropriate, at each financial year end.
The Company has financial assets at fair value through profitand loss includes other current financial assets.
Financial assets at fair value through profit and loss are financialassets classified as held for trading. A financial asset is classifiedas held for trading if it is acquired principally for the purpose ofselling or repurchasing it near the term and there fore is evidenceof a recent actual pattern of short-term profit taking.
Perusahaan memiliki aset yang diukur pada nilai wajarmelalui laporan laba rugi meliputi aset keuangan lancarlainnya.
When assets are sold or retired, the cost and related accumulateddepreciation and any impairment loss are removed from theaccounts. Any gains or loss arising from derecognition of propertyand equipments calculated as the difference between the netdisposal proceeds, if any, with the carrying amount of the item isincluded in the statements of comprehensive income in the year theitem is derecognized.
An item of property, plant and equipment is derecognized upondisposal or when no future economic benefits are expected from itsuse or disposal.
Jumlah tercatat aset tetap dihentikan pengakuannya (derecognized)pada saat dilepaskan atau tidak ada manfaat ekonomis masa depanyang diharapkan dari penggunaan atau pelepasannya.
Aset tetap yang dijual atau dilepaskan, dikeluarkan dari kelompokaset tetap berikut akumulasi penyusutan serta akumulasi penurunannilai yang terkait dengan aset tetap tersebut. Laba atau rugi yangtimbul dari penghentian pengakuan aset tetap ditentukan sebesarperbedaan antara jumlah neto hasil pelepasan, jika ada, denganjumlah tercatat dari aset tetap tersebut, dan diakui dalam laporanlaba rugi komprehensif pada tahun terjadinya penghentianpengakuan.
Construction in progress is stated at cost. The acquisition costsinclude borrowing costs during construction on debts incurred tofinance the construction. The accumulated acquisition costs will betransferred to the respective fixed assets when the construction iscompleted and ready for intended use.
Financial assets are classified in categories of (i) financial assets atfair value through profit and loss, (ii) loan and receivable, (iii) held-to-maturity financial assets, and (iv) available-for-sale financialassets. The classification depends on the purpose for which thefinancial assets were acquired. Management determines theclassification of its financial assets at initial recognition.
Aset keuangan yang diukur pada nilai wajar melalui laporanlaba rugi adalah aset keuangan yang diperdagangkan jikaperolehannya ditujukan untuk dijual atau dibeli kembali dalamwaktu dekat dan terdapat bukti adanya kecenderungan ambiluntung dalam jangka pendek.
Aset keuangan yang diukur pada nilai wajar melaluilaporan laba rugi
19
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
i. Aset dan Liabilities Keuangan (Lanjutan) i. Financial Assets and Liabilities (Continued)
Aset Keuangan (Lanjutan) Financial Assets (Continued)
Pinjaman yang diberikan dan piutang Loans and receivables
Pinjaman yang diberikan dan piutang (Lanjutan) Loans and receivables (Continued
Aset keuangan dimiliki hingga jatuh tempo Held-to-maturity financial assets
a. a.
b. b.
c. c.
Aset keuangan tersedia untuk dijual Available-for-sale financial assets
Setelah pengukuran awal, aset keuangan tersedia untukdijual diukur dengan nilai wajar dengan keuntungan ataukerugian yang belum terealisasi diakui dalam ekuitas sampaiinvestasi tersebut dihentikan pengakuannya. Pada saat itu,keuntungan atau kerugian kumulatif yang sebelumnya diakuidalam ekuitas akan direklasifikasi ke laporan laba rugikomprehensif konsolidasian sebagai penyesuaian reklasifikasi.
Perusahaan dan entitas anaknya memiliki aset keuangantersedia untuk dijual meliputi aset keuangan lancar lainnya.
Available-for-sale financial assets are non- derivative financialassets designated as available-for-sale or not classified inthe three previous categories.
After initial measurement, available-for-sale financial assets aremeasured at fair value with unrealized gains or lossesrecognized in equity until the investment is derecognized. At that time, the cumulative gain or loss previously recognized in equitywill be reclassified to consolidated statement of comprehensiveincome as a reclassification adjustment.
The Company and its subsidiaries’ have available- for-salefinancial assets include other current financial assets.
Aset keuangan tersedia untuk dijual adalah aset keuangan non-derivatif yang ditetapkan sebagai tersedia untuk dijual atauyang tidak diklasifikasikan dalam tiga kategori sebelumnya.
Those that upon initial recognition designates as at fairvalue through profit and loss;
Loans and receivables are non-derivative financial assets withfixed or determinable payments that are not quoted in an activemarket.
(ii)
those that meet the definition of loan and receivable.investasi yang memiliki definisi pinjaman yang diberikan danpiutang.
The Company and its subsidiaries have no held-to-maturityfinancial assets.
(ii)
(iv) (iv)
Investasi dalam kelompok dimiliki hingga jatuh tempoadalah aset keuangan non- derivatif dengan pembayaran tetapatau telah ditentukan dan jatuh temponya telah ditetapkan,serta manajemen mempunyai intensi positif dan kemampuanuntuk memiliki aset keuangan tersebut hingga jatuh tempo,
Held-to-maturity investments are non- derivative financial assetswith fixed or determined payments and fixed maturities that themanagement has positive intention and ability to hold tomaturity, other than:
investasi yang ditetapkan dalam kelompok tersedia untukdijual; dan
Investasi yang pada saat pengakuan awal ditetapkansebagai aset keuangan yang diukur pada nilai wajar melaluilaporan laba rugi;
(iii)
Pinjaman yang diberikan dan piutang adalah aset keuangannon-derivatif dengan pembayaran tetap atau telah ditentukandan tidak mempunyai kuotasi di pasar aktif.
Perusahaan dan entitas anaknya tidak memiliki asetkeuangan dimiliki hingga jatuh tempo.
Loans and receivables are initially recognized at fair value plustransaction costs and subsequently measured at amortisedcost using the effective interest rate method.
Pada saat pengakuan awal, pinjaman yang diberikan danpiutang diakui pada nilai wajarnya ditambah nilai transaksi danselanjutnya diukur pada biaya perolehan diamortisasi denganmenggunakan metode suku bunga efektif.
(iii)
(ii)
(ii)
those that designated as available for sale; and
Pinjaman yang diberikan dan piutang adalah aset keuangannon-derivatif dengan pembayaran tetap atau telah ditentukandan tidak mempunyai kuotasi di pasar aktif.
Loans and receivables are non-derivative financial assets withfixed or determinable payments that are not quoted in an activemarket.
20
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
i. Aset dan Liabilities Keuangan (Lanjutan) i. Financial Assets and Liabilities (Continued)
Aset Keuangan (Lanjutan) Financial Assets (Continued)
Penurunan nilai aset keuangan Impairment of financial assets
Objective evidence of impairment could include:
Penghentian pengakuan aset keuangan Derecognition of financial asset
Liabilitas Keuangan Financial Liabilities
default or delinquency in interest or principal payments; or
significant financial difficulty of the counterparty; or
Bukti objektif penurunan nilai termasuk sebagai berikut:
Financial liabilities are classified in the following categories of (i)financial liabilities at fair value through profit and loss and (ii) financialliabilities measured at amortized cost.
(i)
Jika Perusahaan dan entitas anaknya tidak mentransfer serta tidakmemiliki secara substansial atas seluruh risiko dan manfaatkepemilikan serta masih mengendalikan aset yang ditransfer, makaPerusahaan dan entitas anaknya mengakui keterlibatanberkelanjutan atas aset yang ditransfer dan liabilitas terkaitsebesar jumlah yang mungkin harus dibayar. Jika Perusahaan danentitas anaknya memiliki secara substansial seluruh risiko danmanfaat kepemilikan aset keuangan yang ditransfer, Perusahaan danentitas anaknya masih mengakui aset keuangan dan juga mengakuipinjaman yang dijamin sebesar pinjaman yang diterima.
(ii)
Perusahaan dan entitas anaknya menghentikan pengakuan asetkeuangan jika dan hanya jika hak kontraktual atas arus kas yangberasal dari asset berakhir, atau Perusahaan dan entitas anaknyamentransfer aset keuangan dan secara substansial mentransferseluruh risiko dan manfaat atas kepemilikan aset kepada entitas lain.
it becomes probable that the customer will enter bankruptcy orfinancial reorganization.
The Company and its subsidiaries derecognizes a financial asset onlywhen the contractual rights to the cash flows from the asset expire, orthe Company and its subsidiaries transfers the financial assetsubstantially all the risks and rewards of ownership of the asset toanother entity.
(i)
pelanggaran kontrak, seperti terjadinya wanprestasi atautunggakan pembayaran pokok atau bunga; atau
kesulitan keuangan signifikan yang dialami pihak penjamin;atau
terdapat kemungkinan bahwa pihak pelanggaran akandinyatakan pailit atau melakukan reorganisasi keuangan.
Aset keuangan dievaluasi terhadap indikator penurunan nilai padasetiap tanggal pelaporan. Aset keuangan diturunkan nilainya bilaterdapat bukti objektif, sebagai akibat dari satu atau lebih peristiwayang terjadi setelah pengakuan awal aset keuangan, dan peristiwayang merugikan tersebut berdampak pada estimasi arus kas masadepan atas aset keuangan yang dapat diestimasi secarahandal.
(iii)
If the Company and its subsidiaries neither transfers nor retainssubstantially all the risks and rewards of ownership and continues tocontrol the transferred asset, the Company and its subsidiariesrecognizes their retained interest in the asset and an associatedliability for amounts they may have to pay. If the Company and itssubsidiaries retains substantially all the risks and rewards ofownership of a transferred financial asset, the Company and itssubsidiaries continues to recognize the financial asset and alsorecognize a collateralised borrowing for the proceeds received.
Liabilitas keuangan dikelompokkan ke dalam kategori (i) liabilitaskeuangan yang diukur pada nilai wajar melalui laporan laba rugi dan(ii) liabilitas keuangan yang diukur dengan biaya perolehandiamortisasi.
Financial assets are assessed for indicators of impairment at eachreporting date. Financial assets are impaired when there is objectiveevidence that, as a result of one or more events that occurred afterthe initial recognition of the financial asset, and that loss event has animpact on the estimated future cash flows of the financial asset thatcan be reliably estimated.
(iii)
(ii)
21
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
i. Aset dan Liabilities Keuangan (Lanjutan) i. Financial Assets and Liabilities (Continued)
Liabilitas Keuangan (Lanjutan)
Financial liabilities at amortized cost
Saling Hapus Instrument Keuangan Offsetting Financial Instruments
j. Penurunan Nilai Aset Non-Keuangan j. Impairment of Non-financial Assets
Aset dan liabilitas keuangan disalinghapuskan dan jumlah netonyadilaporkan pada laporan posisi keuangan ketika terdapat hak yangberkekuatan hukum untuk melakukan saling hapus atas jumlah yangtelah diakui tersebut dan adanya niat untuk merealisasikan aset danmenyelesaikan liabilitas secara simultan.
Financial liabilities measured at fair value through profit andloss are financial liabilities that held for trading.
Liabilitas keuangan yang diukur pada nilai wajar melaluilaporan laba rugi adalah liabilitas keuangan yangdiperdagangkan.
A financial liability is classified as held for trading if it isacquired or incurred principally for the purpose of selling orrepurchasing it in the near term and for which there isevidence of a recent actual pattern of short-term profit-taking.Derivatives are also categorized as held for trading unless theyare designated and effective as hedging instruments.
Liabilitas keuangan diklasifikasikan sebagai liabilitas keuanganyang diperdagangkan jika perolehannya ditujukan untuk dijualatau dibeli kembali dalam waktu dekat dan terdapat buktiadanya kecenderungan ambil untung dalam jangka pendek.Utang derivatif dikategorikan sebagai liabilitas keuangan yangdiperdagangkan kecuali ditetapkan dan efektif sebagai
The Company and its subsidiaries’ financial liabilities at fairvalue through profit and loss include trade payables –thirdparties, non-trade payables, accruals, finance leaseliabilitiesand liabilities on purchase of vehicles.
Perusahaan dan entitas anaknya memiliki liabilitas keuanganyang diukur pada nilai wajar melalui laporan laba rugimeliputi utang usaha – pihak ketiga, utang non-usaha, bebanakrual, liabilitas sewa pembiayaan dan utang pembeliankendaraan.
(i)
Financial liabilities not classified as financial liabilities at fairvalue through profit and loss are classified in this categoryand are measured at amortized cost. The Company and itssubsidiaries have no financial liabilities measured atamortized cost.
Liabilitas keuangan yang tidak diklasifikasikan sebagai liabilitaskeuangan yang diukur pada nilai wajar melalui laporan labarugi diklasifikasikan dalam kategori ini dan diukur pada biayaperolehan diamortisasi. Perusahaan dan entitas anaknyatidak memiliki liabilitas keuangan yang diukur pada biaya
(ii)(ii)
At the reporting date, the Company and its subsidiaries reviews thecarrying amount of non- financial assets to determine whether thereis any indication that those assets have suffered an impairment loss.If such indication exists, the recoverable value of the asset isestimated to determine the level of impairment loss. If it is notpossible to estimate the recoverable amount of an individual asset,the Company and its subsidiaries estimates the recoverable value ofthe cash generating unit to on asset.
Financial liabilities at fair value through profit and loss(i)
Liabilitas keuangan yang diukur denganbiaya perolehandiamortisasi
Financial assets and liabilities are offset and the net amount isreported in the financial position when there is a legally enforceableright to offset the recognized amounts and there is an intention tosettle on a net basis, or realize the assets and settle the liabilitysimultaneously.
Liabilitas keuangan yang diukur pada nilai wajar melaluilaporan laba rugi
Pada tanggal pelaporan, Perusahaan dan entitas anaknya menelaahnilai tercatat aset non-keuangan untuk menentukan apakah terdapatindikasi bahwa aset tersebut telah mengalami penurunan nilai.Jika terdapat indikasi tersebut, nilai yang dapat diperoleh kembali dariaset diestimasi untuk menentukan tingkat kerugian penurunan nilai.Bila tidak memungkinkan untuk mengestimasi nilai yang dapatdiperoleh kembali atas suatu aset individu, Perusahaan dan entitasanaknya mengestimasi nilai yang dapat diperoleh kembali dari unitpenghasil kas atas aset.
Financial Liabilities (Continued)
22
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
j. Penurunan Nilai Aset Non-Keuangan (Lanjutan) j. Impairment of Non-financial Assets (Continued)
k. Loans
l. Revenue and Expenses Recognition
m. Pajak Penghasilan m. Income Tax
Expenses are recognized when incurred (accrual basis).
Loans are funds received from banks or other parties with theobligation to repay the loan in accordance with the terms of theagreement.
Current tax expense is determined based on the taxable income forthe year, using the tax rates that have been enacted.
Pinjaman merupakan dana yang diterima dari bank atau pihak laindengan kewajiban pembayaran kembali sesuai dengan persyaratanperjanjian pinjaman.
Deferred tax assets and liabilities are recognized as a future periodtax consequences resulting from differences of carrying valuebetween assets and liabilities based on the financial statements withtax base of assets and liabilities. Deferred tax liabilities arerecognized for all taxable temporary differences and deferred taxassets are recognized for deductible temporary differences, when it isprobable to be used against future taxable income.
Beban pajak kini ditentukan berdasarkan laba kena pajak dalamtahun yang bersangkutan yang dihitung berdasarkan tarif pajakyang berlaku.
Pendapatan dari penjualan diakui pada saat penyerahanbarang kepada pelanggan.
Beban diakui pada saat terjadinya (accrual basis).
Aset dan liabilitas pajak tangguhan diakui atas konsekuensi pajakperiode mendatang yang timbul dari perbedaan jumlah tercatat asetdan liabilitas menurut laporan keuangan dengan dasar pengenaanpajak aset dan liabilitas. Liabilitas pajak tangguhan diakui untuksemua perbedaan temporer kena pajak dan aset pajak tangguhandiakui untuk perbedaan temporer yang boleh dikurangkan, sepanjangbesar kemungkinan dapat dimanfaatkan untuk mengurangi laba kenapajak pada masa mendatang.
Revenues from sales are recognized when the goods aredelivered to customers
Estimated recoverable amount is the higher of fair value less cost tosell or value in use. If the recoverable amount of a non-financial asset(cash generating unit) is less than its carrying amount, the carryingamount of the asset (cash generating unit) is reduced to itsrecoverable amount and an impairment loss is recognizedimmediately against earnings.
Perkiraan jumlah yang dapat diperoleh kembali adalah nilai tertinggiantara nilai wajar dikurangi biaya untuk menjual atau nilai pakai. Jikajumlah yang dapat diperoleh kembali dari aset non-keuangan (unitpenghasil kas) kurang dari nilai tercatatnya, nilai tercatat aset (unitpenghasil kas) dikurangi menjadi sebesar nilai yang dapatdiperoleh kembali dan rugi penurunan nilai diakui langsung ke laba
k. Pinjaman
l. Pengakuan Pendapatan dan Beban
23
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
o. Informasi Segmen o. Segment Information
The Company’s segment information is presented based on thebusiness segments. Business segment is a distinguishablecomponent based on the product or services that are subject to risksand returns that are different from those of other business segments.
Informasi segmen Perusahaan disajikan berdasarkan segmenusaha. Segmen usaha adalah komponen yang dapat dibedakanberdasarkan produk atau jasa yang memiliki risiko dan imbalan yangberbeda dengan risiko dan imbalan segmen lain.
The benefit obligation recognized in the statements of financialposition represents the present value of the defined benefit obligation,as adjusted for unrecognized actuarial gains or losses andunrecognized past service cost.
The Company recognizes provisions for employee benefits inaccordance with the Labor Law No. 13/2003 dated 25 March2003. Based on the Labor Law, the Company is required to payseparation, gratuity and compensation benefits to their employees ifthe conditions specified in the Labor Law are met.
According to PSAK 24 (Revised 2010), the post- employmentbenefit cost is determined using “Projected Unit Credit Method”. Theaccumulated unrecognized actuarial gain or loss that exceed 10% ofthe present value of defined benefit obligations are recognized on astraight-line method over the expected average remaining workinglives of the participating employees.
Deferred tax is calculated at the tax rates that have been enacted orsubstantially enacted at the statements of financial position date.Deferred tax is charged or credited to the current year’s statements ofcomprehensive income, except deferred tax which is charged orcredited directly to equity.
Deferred assets and liabilities are off-set in the statements of financialposition, except if they are for different legal entities, in the samemanner the current tax assets and liabilities are presented.
Past service cost is recognized immediately to the extent that thebenefits are already vested, and otherwise is amortized on astraight-line basis over the average period until the benefits becomevested.
Berdasarkan PSAK 24 (Revisi 2010), biaya untuk imbalan kerjaberdasarkan Undang-Undang ditentukan dengan menggunakanmetode penilaian aktuaria “Projected Unit Credit”. Akumulasikeuntungan dan kerugian aktuarial bersih yang belum diakui yangmelebihi 10% dari nilai kini imbalan pasti diakui dengan metode garislurus selama rata-rata sisa masa kerja yang diperkirakan dari parapekerja dalam program tersebut.
Aset dan liabilitas pajak tangguhan disajikan di laporan posisikeuangan, kecuali aset dan liabilitas pajak tangguhan untuk entitasyang berbeda, atas dasar kompensasi sesuai dengan penyajian asetdan liabilitas pajak kini.
Perusahaan mencatat penyisihan untuk imbalan kerja karyawansesuai dengan Undang-Undang Ketenagakerjaan No. 13/2003tanggal 25 Maret 2003. Berdasarkan Undang-Undang tersebut,Perusahaan diharuskan untuk membayar uang pesangon,penghargaan masa kerja, dan penggantian hak kepada karyawanapabila persyaratan yang ditentukan dalam Undang-Undangterpenuhi.
Biaya jasa lalu dibebankan langsung apabila imbalan tersebutmenjadi hak atau vested dan sebaliknya akan diakui sebagai bebandengan metode garis lurus selama periode rata-rata sampai imbalantersebut menjadi vested.
Pajak tangguhan diukur dengan menggunakan tarif pajak yangberlaku atau secara substansial telah berlaku pada tanggal laporanposisi keuangan. Pajak tangguhan dibebankan atau dikreditkandalam laporan laba rugi komprehensif tahun berjalan kecuali pajaktangguhan yang dibebankan atau dikreditkan langsung ke ekuitas.
m. Income Tax (Continued)
Jumlah yang diakui sebagai liabilitas imbalan pasti di laporan posisikeuangan merupakan nilai kini liabilitas imbalan pasti disesuaikandengan keuntungan dan kerugian aktuarial yang belum diakui, danbiaya jasa lalu yang belum diakui.
n. Post-Employment Benefits
m. Pajak Penghasilan (Lanjutan)
n. Imbalan Pasca-Kerja
24
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
2. IKTHISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN (Lanjutan) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
p. Laba per Saham p. Earnings per Shares
q. Kontinjensi q. Contingency
3 PERTIMBANGAN, ESTIMASI DAN ASUMSI AKUNTANSI 3. SIGNIFICANT ACCOUNTING JUDGEMENTS, SIGNIFIKAN ESTIMATION AND ASSUMPTIONS
Pertimbangan Judgement
Klasifikasi Aset dan Liabilitas Keuangan Classfification of Financial Assets and Liabilities
Pertimbangan berikut ini dibuat oleh manajemen dalam rangkapenerapan kebijakan akuntansi Perusahaan dan entitas anaknyayang memiliki pengaruh paling signifikan atas jumlah yang diakuidalam laporan keuangan konsolidasian:
Basic net income per share is computed by dividing net income withthe weighted - average number of shares issued and fully paid.
Laba bersih per saham dasar dihitung dengan membagi laba bersihdengan jumlah rata-rata tertimbang saham yang ditempatkan dandisetor penuh.
Penyusunan laporan keuangan konsolidasian Perusahaan dan entitasanaknya mengharuskan manajemen untuk membuat pertimbangan,estimasi dan asumsi yang mempengaruhi jumlah yang dilaporkan daripendapatan, beban, aset dan liabilitas, dan pengungkapan atas liabilitaskontijensi, pada akhir periode pelaporan. Ketidakpastian mengenaiasumsi dan estimasi tersebut dapat mengakibatkan penyesuaianmaterial terhadap nilai tercatat aset dan liabilitas dalam periodepelaporan berikutnya.
Liabilitas kontinjensi tidak diakui di dalam laporan keuangan.Liabilitas kontinjensi diungkapkan di dalam catatan atas laporankeuangan kecuali kemungkinan arus keluar sumber daya ekonomiadalah kecil.
Contingent assets are not recognized in the financial statements butare disclosed in the notes to the financial statements when an inflowof economic benefits is probable.
The preparation of the Company and its subsidiaries’ consolidatedfinancial statements requires management to make judgments,estimates and assumptions that affect the reported amounts ofrevenues, expenses, assets and liabilities, and the disclosure ofcontingent liabilities, at the end of the reporting period. Uncertainty aboutthese assumptions and estimates could result in outcomes that require amaterial adjustment to the carrying amount of the asset and liabilityaffected in future periods.
Perusahaan dan entitas anaknya menetapkan klasifikasi atas aset danliabilitas tertentu sebagai aset keuangan dan liabilitas keuangan denganpertimbangan bila definisi yang ditetapkan PSAK No. 55 (Revisi 2011)terpenuhi. Dengan demikian, aset dan liabilitas keuangan diakui sesuaidengan kebijakan akuntansi Perusahaan dan entitas anaknya sepertidiungkapkan pada Catatan 2i.
The Company and its subsidiaries’ determines the classifications ofcertain assets and liabilities as financial assets and liabilities by judging ifthey meet the definition set forth in PSAK 55 (Revised 2011).Accordingly, the financial assets and liabilities are accounted for inaccordance with the Company and its subsidiaries’ accounting policiesdisclosed in Note 2i.
The following judgments are made by management in the process ofapplying the Company and its subsidiaries’ accounting policies thathave the most significant effects on the amounts recognized in theconsolidated financial statements:
Contingent liabilities are not recognized in the financial statements.They are disclosed in the notes to the financial statements unless thepossibility of an outflow of resources embodying economic benefits isremote.
Aset kontinjensi tidak diakui di dalam laporan keuangan, namundiungkapkan di dalam catatan atas laporan keuangan jika terdapatkemungkinan suatu arus masuk manfaat ekonomis mengalir kedalam entitas.
25
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
3. 3.
Estimasi dan Asumsi Estimated and Assumptions
Penyusutan Aset Tetap Depreciation of Property, Plant and Equipment
Penyusutan Aset Tetap (Lanjutan) Depreciation of Property, Plant and Equipment (Continued)
Imbalan Pasca-kerja Post-employment Benefit
Pajak Penghasilan Income Tax
These are common life expectancies applied in the industries where theCompany and its subsidiaries conduct its businesses. Changes in theexpected level of usage and technological development could impact theeconomic useful lifes and the residual values of these assets, andtherefore future depreciation charges could be revised. The netcarrying amount of the Company and its subsidiaries’ property andequipment as of 31 March 2015 and 31 December 2014 were Rp.548.399.503.373 and Rp 553.833.089.465 respectively. Further detailsare disclosed in notes to financial statements.
Ini adalah umur yang secara umum diharapkan dalam industri di manaPerusahaan dan entitas anaknya menjalankan bisnisnya. Perubahantingkat pemakaian dan perkembangan teknologi dapatmempengaruhi masa manfaat ekonomis dan nilai sisa aset, dankarenanya biaya penyusutan masa depan mungkin direvisi. Nilaitercatat bersih atas aset tetap Perusahaan dan entitasanaknya pada tanggal 31 Maret 2015 dan 31 Desember 2014masing-masing sebesar Rp 548.399.503.373 dan Rp553.833.089.465 Penjelasan lebih rinci diungkapkan dalam catatan ataslaporan keuangan
Pertimbangan signifikan dilakukan dalam menentukan provisi ataspajak penghasilan badan. Terdapat transaksi dan perhitungantertentu yang penentuan pajak akhirnya adalah tidak pasti dalamkegiatan usaha normal. Perusahaan dan entitas anaknya mengakuiliabilitas atas pajak penghasilan badan berdasarkan estimasi apakahakan terdapat tambahan pajak penghasilan badan.
Significant judgment is involved in determining the provision forcorporate income tax. There are certain transactions and computationfor which the ultimate tax determination is uncertain during the ordinarycourse of business. The Company and its subsidiaries recognizesliabilities for expected corporate income tax issues based onestimates of whether additional corporate income tax will be due.
The determination of post-employment benefits liabilities depends onselection of certain assumption used by actuary for the calculation of theliability. These assumptions include discount rate and rate of increase insalaries. Different realization from the Company and its subsidiaries’assumptions are accumulated and amortized over the future periodsand consequently will affect the liabilities recognized in the future.
Biaya perolehan aset tetap disusutkan dengan menggunakan metodegaris lurus berdasarkan taksiran masa manfaat ekonomisnya.Manajemen mengestimasi masa manfaat ekonomis aset tetap antara 4sampai 20 tahun.
PERTIMBANGAN, ESTIMASI DAN ASUMSI AKUNTANSI SIGNIFIKAN(Lanjutan)
Asumsi utama masa depan dan sumber utama estimasi ketidakpastianlain pada tanggal pelaporan yang memiliki risiko signifikan bagipenyesuaian yang material terhadap nilai tercatat aset dan liabilitasuntuk tahun berikutnya diungkapkan di bawah ini. Perusahaan danentitas anaknya mendasarkan asumsi dan estimasi pada parameteryang tersedia pada saat laporan keuangan konsolidasian disusun.Asumsi dan situasi mengenai perkembangan masa depan mungkinberubah akibat perubahan pasar atau situasi di luar kendali Perusahaandan entitas anaknya. Perubahan tersebut dicerminkan dalam asumsiterkait pada saat terjadinya.
The costs of property, plant and equipment are depreciated on a straight-line method over their estimated useful lifes. Management estimates theuseful lifes of these property, plant and equipment to be within 4 to 20years.
The key assumptions concerning the future and other key sources ofestimation uncertainty at the reporting date that have a significant risk ofcausing a material adjustment to the carrying amounts of assets andliabilities within the next financial year are disclosed below. TheCompany and its subsidiaries based its assumptions and estimates onparameters available when the consolidated financial statements wereprepared. Existing circumstances and assumptions about futuredevelopments may change due to market changes or circumstancesarising beyond the control of the Company and its subsidiaries. Suchchanges are reflected in the assumptions when they occur.
SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATION ANDASSUMPTIONS (Continued)
Penentuan liabilitas imbalan pasca-kerja tergantung pada pemilihanasumsi tertentu yang digunakan oleh aktuaris dalam menghitung jumlahliabilitas tersebut. Asumsi tersebut termasuk antara lain tingkat diskontodan kenaikan gaji. Realisasi yang berbeda dari asumsi Perusahaan danentitas anaknya diakumulasi dan diamortisasi selama periodemendatang dan akibatnya akan berpengaruh terhadap jumlahliabilitas yang diakui dimasa mendatang.
26
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
4. KAS DAN BANK 4. CASH AND BANK
Kas - Rupiah Cash on hand - Rupiah
Bank - Rupiah Cash in banks - RupiahPT Bank Panin Indonesia Tbk PT Bank Panin Indonesia Tbk PT Bank Pembangunan Daerah Aceh PT Bank Pembangunan Daerah Aceh PT Bank Mestika Dharma PT Bank Mestika Dharma PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero Tbk) (Persero) Tbk PT Bank Centra Asia Tbk PT Bank Central Asia Tbk
Jumlah T o t a l
5. ASET KEUANGAN LANCAR LAINNYA 5. OTHER CURRENT FINANCIAL ASSET
Aset keuangan yang tersedia untuk dijual Financial assets classified as available for sale
Efek ekuitas pada harga pasar Equity securities at fair valuePT Kawasan Industri Jababeka Tbk PT Kawasan Industri Jababeka Tbk
Jumlah T o t a l
6. PIUTANG USAHA – PIHAK KETIGA 6. TRADE RECEIVABLES – THIRD PARTIES
PT Multimas Nabati Asahan CV GemilangPT Sinar Mas Agro Resources PT Sinar Mas Agro Resources
and Technology Tbk and Technology TbkLain-lain (masing-masing di bawah Other (each below)Rp 100.000.000) Rp 100.000.000)
Jumlah T o t a l
1,175,844,836
587,895,949 587,895,949
December 31, 2014
913,719,377
31 Desember 2014/
31 Maret 2015 31 Desember 2014/
-
1,213,209
December 31, 2014
16,440,485
March 31, 2015
229,188
29,603,671 860,911,140
1,123,330
156,965
1,156,900,948
21,762,169
-
1,223,108
- 575,577,702
Manajemen berpendapat bahwa seluruh piutang tersebut dapatditagih, sehingga tidak dilakukan pencadangan penurunan nilai piutang.
2,422,102,859
191,012,275
587,895,949
31 Maret 2015
March 31, 201531 Maret 2015
31 Desember 2014/
587,895,949
All the aging of trade receivables is between 0 – 30 days and in Rupiahcurrency.
Management believes that all such receivables are collectible, thus noallowance for impairment losses is necessary.
Seluruh umur piutang usaha adalah 0 – 30 hari dan dalam mata uangRupiah.
December 31, 2014March 31, 2015
-
- 1,655,512,882
27
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
7. PERSEDIAAN 7. INVENTORIES
Minyak kelapa sawit mentah dan inti sawit Crude palm oil and Palm kernelPupuk dan bahan kimia Fertilizer and chemical materialsSuku cadang dan bahan lainnya Spare parts and other materialsBahan bakar dan pelumas Spare parts and other materialsBahan baku Raw materials
Jumlah T o t a l
8. UANG MUKA DAN BIAYA DIBAYAR DI MUKA 8. ADVANCES AND PREPAID EXPENSES
Uang muka AdvancesKonstruksi dan pematangan lahan Land clearing and construction
Purchase of property, plant Pembelian aset tetap and equipment Perjalanan dinas Travel Pembangunan pabrik kelapa sawit Oil palm mill construction Pembukaan dan pembebasan lahan Land acquisition Lain-lain Others
Sub-jumlah Sub-total
Beban dibayar di muka Prepaid expensesAsuransi insurance S e w a R e n t Lain-lain Others
Sub-jumlah Sub-total
Jumlah T o t a l
564,419,645
1,611,132,529
Based on review of the physical condition of the inventories at the end ofthe year, management believes that none of the inventories wereimpaired.
11,226,285,817
December 31, 2014
46,667,065 55,813,444 1,307,224,197
12,787,972,315
1,409,704,706
13,547,145,062
15,069,900 -
2,916,133,500
- -
257,719,539
10,226,285,817
The Company and its subsidiaries do not insure the inventories againstrisk of fire, pest and other risks.
634,208,975 2,597,160,674
621,365,100
-
6,147,503,149
31 Desember 2014/
-
9,424,987,867
74,063,048 39,281,837
2,604,210,922
31 Maret 2015 31 Desember 2014/
-
March 31, 2015
32,069,900 257,719,539
Perusahaan dan entitas anaknya tidak mengasuransikan persediaanterhadap risiko kerugian akibat kebakaran, wabah penyakit hama danrisiko kerugian lainnya.
31 Maret 2015
29,363,443 771,928,706
1,724,477,414
11,063,494,901 12,137,440,356
Berdasarkan penelaahan terhadap kondisi fisik persediaan pada akhirtahun, manajemen berpendapat bahwa tidak ada persediaan yangmengalami penurunan nilai.
March 31, 2015
2,898,907,958 3,120,576,838
December 31, 2014
28
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
9. TANAMAN PERKEBUNAN 9. PLANTATIONS
a. Tanaman menghasilkan a. Mature Plantations
31 Maret 2015
Kelapa sawit Oil palm Biaya perolehan C o s t Akumulasi penyusutan Accumulated depreciation
Nilai buku
31 Desember 2014
Kelapa sawit Oil palm Biaya perolehan C o s t Akumulasi penyusutan Accumulated depreciation
Nilai buku
b. Tanaman Belum menghasilkan b. Immature Plantations
31 Maret 2015
Kelapa sawit Oil palm
31 Desember 2014
Kelapa sawit Oil palm
Penambahan beban tahun berjalan Additiona expense during the yearKapitalisasi beban bunga pinjaman Borrowing cost capitalizedReklasifikasi dari beban Reclassification from
penyusutan depreciation expense Reklasifikasi dari pembibitan Reclasiffication from nurseries
Jumlah T o t a l
December 31, 2014
Aquisition cost of immature plantations are as follows :
152,343,522,327 361,332,734,412 364,122,892,791
8,250,785,372
263,976,514 62,149,205,429
Penambahan biaya perolehan tanaman belum menghasilan terdiridari :
3,663,825,965
March 31, 2015
7,800,065,440
- 4,136,239,475
-
229,408,510,382 29,721,989,082
Book value
Saldo awal/Beginning
balancePenambahan/
additions
Saldo awal/Beginning
balance
Saldo akhir/Endingbalance
Beban penyusutan tanaman menghasilkan sebesar Rp.2.867.606.379 untuk tiga bulan 2015 dan Rp 11.581.14.163 untuktahun 2014 dialokasikan ke beban pokok penjualan.
149,553,363,948 -
152,343,522,327
81,679,555,012
Pengurangan/ Deductionss
Saldo akhir/Endingbalance
31 Maret 2015 31 Desember 2014/
-
Locations of the mature plantations are entirely on the island of Sumatraand Kalimantan
Pengurangan/ Deductionss
Penambahan/ additions
Depreciation expenses of mature plantations amounting to Rp.2.867.606.379 for three moths 2015 and Rp. 11.581.114.163 for the year2014 respectively were allocated to cost of sales.
Pengurangan/ Deductionss
18,140,874,919
199,686,521,300
Saldo akhir/Endingbalance
Saldo akhir/EndingbalancePenambahan/
additions
Penambahan/ additions
Saldo awal/Beginning
balance
79,855,146,434
Book value
32,589,595,461
199,686,521,300 196,818,914,921
March 31, 2015
December 31, 2014
December 31, 2014
March 31, 2015
229,408,510,382
371,922,958,231
97,996,021,353
Saldo awal/Beginning
balance
229,408,510,382 29,721,989,082 2,867,606,379
Lokasi tanaman menghasilkan berada di Sumatera dan Kalimantan
149,553,363,948
11,581,114,163
Pengurangan/ Deductionss
7,800,065,440 364,122,892,791
29
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
9. TANAMAN PERKEBUNAN (Lanjutan) 9. PLANTATIONS (Continued)
c. Pembibitan c. Nurseries
Saldo awal tahun Balance at beginning of yearPenambahan kapitalisasi biaya Additional cost capitalizedReklasifikasi ke tanaman
belum menghasilkan Reclassification to mature plantation
Saldo akhir tahun Balance at end of year
Saldo per 1 Januari 2015 Balance as of 1 January 2015Penambahan AdditionsReklasifikasi tanaman belum Reclassification from immature
menghasilkan ke tanaman plantation to mature plantation menghasilkan
Saldo per 31 Maret 2015 Balance as of March 31, 2015
Saldo per 1 Januari 2014 Balance as of 1 January 2014Penambahan AdditionsReklasifikasi tanaman belum Reclassification from immature
menghasilkan ke tanaman plantation to mature plantation menghasilkan
Saldo per 31 Desember 2014 Balance as of 31 December 2014
Kerusakan dan penjualan bibit -
Hektar/ Hectare
3,239
Rincian mutasi luas areal tanaman perkebunan tanggal 31 Maret 2015dan 31 Desember 2014 sebagai berikut:
-
(29,313,645,373)
-
7,023
Hektar/ Hectare
-
7,397,329,504 13,522,603,082
Hektar/ HectareHektar/ Hectare
Tanaman Belum menghasilkan/
Immature plantations
31 Desember 2014/
13,565,290,693 13,522,603,082
(81,679,555,012)
117,118,473,963
December 31, 2014
Jumlah tanaman perkebunan/
Total plantations
March 31, 201531 Maret 2015
In consideration of the benefit and costs principles, whereby the totalareas of plantaion are scattered in different regions, which is comparedto the possibility of risk of fire, plight and other risks, all of the plantationsare not insured.
Tanaman menghasilkan/ Mature plantations
Tanaman Belum menghasilkan/
Immature plantations
7,023
727
Atas pertimbangan asas manfaat dan biaya dimana luasan areal yangtersebar di wilayah yang berbeda-beda yang dibandingkan dengankemungkinan terjadinya risiko kebakaran, wabah penyakit dan risikolainnya, seluruh tanaman perkebunan tidak diasuransikan.
7,023 3,239
-
Tanaman menghasilkan/ Matureplantations
Hektar/ Hectare
2,172 (2,172)
Pada tahun 2012, tanaman perkebunan berupa pembibitan, tanamanbelum menghasilkan dan tanaman menghasilkan dengan nilaitercatat sebesar Rp 269.748.500.000 digunakan sebagai jaminanatas fasilitas kredit yang diperoleh dari PT Bank Pan Indonesia Tbk(Catatan 12).
10,262
Details of plantations areas as of March 31, 2015 and December 31, 2014,are as follows:
Hektar/ Hectare
- 10,262
In 2012, plantations such as nurseries, immature plantations andmature plantations with cost of Rp 269,748,500,000 were used ascollateral to bank loan obtained from PT Bank Pan Indonesia Tbk (Note12).
10,262
Tanah yang digunakan untuk menanam tanaman menghasilkan telahmendapat sertifikat HGU No. 7 dengan SK No. 71/HGU/BPN/1989seluas 6.342,70 hektar.
727
Jumlah tanaman perkebunan/
Total plantations
The land used for planting the mature plantations has obtainedsertificate HGU No. 7 with SK No. 71/HGU/BPN/1989 coveringan area of 6,342.70 hectare.
-
- -
1,067
-
8,468
3,239
9,535
42,687,611
30
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
9. TANAMAN PERKEBUNAN (Lanjutan) 9. PLANTATIONS (Continued)
c. Pembibitan (Lanjutan) c. Nursery (continued)
10. ASET TETAP 10. PROPERTY, PLANT AND EQUIPMENT
31 Maret 2015
Biaya perolehan C o s t Pemilikan langsung Direct acquisition
T a n a h L a n d Bangunan dan Buildings and infrastruktur infrastructures Pabrik kelapa sawit Oil palm mill
Machinery and Mesin dan alat berat heavy equipments Kendaraan VehiclesInventaris Office equipments
Sub-jumlah Sub-total
Sewa Pembiyaan Finance leaseKendaraan VehiclesPabrik kelapa sawit Oil palm millMesin dan alat berat Machinery and
heavy equipments Sub-jumlah Sub-total
Dalam Penyelesaian In progressPembebasan lahan Land acquisition Persiapan lahan Land preparation
Sub-jumlah Sub-total
Jumlah T o t a l
Saldo awal/
March 31, 2015
323,541,611,748
-
Beginning Penambahan/ Pengurang/Reklasifikasi/
Ending balances
Berdasarkan Laporan Penilai Independen KJPP Pung’s Zulkarnain &Rekan No. 160/LP/KJPPPSZ/VIII/2012, No. 161/LP/KJPP-PSZ/VIII/2012, 162/LP/KJPP-PSZ/VIII/2012 dan163/LP/KJPPPSZ/VIII/2012 tanggal 6 Agustus 2012, total nilai wajartanaman perkebunan Perusahaan dan entitas anaknya yang telahdinilai per tanggal 30 Juni 2012 dan 24 Juli 2012 adalahsebesar Rp 521.725.000.000.
623,984,705,092
41,809,601,000
54,794,537,672
1,919,400,000
108,283,016,266
13,154,825,000
123,357,241,266
142,454,037,967
181,087,573,781 -
-
-
-
- -
-
-
-
-
-
- -
-
-
-
-
-
181,087,573,781
47,390,000
-
- 13,154,825,000
-
-
Saldo akhir/
Appraisal approach used by appraisal to appraise the plantations fairvalue of the Company and its subsidiaries are cost and revenueapproach.
323,505,361,748
623,901,065,092
-
108,283,016,266 -
-
-
47,390,000
123,357,241,266
177,038,462,078
-
142,417,787,967
36,250,000
36,250,000
-
-
-
-
16,188,266,266
5,938,958,355
41,809,601,000
1,919,400,000
54,794,537,672
-
balances Additions Dedactions
-
6,897,680,588
51,409,418,197
-
-
-
Pendekatan penilaian yang digunakan untuk menilai jumlah nilai wajartanaman perkebunan Perusahaan dan entitas anaknya adalahpendekatan biaya (cost approach) dan pendapatan (revenue approach).
Berdasarkan evaluasi manajemen Perusahaan, tidak terdapat kejadianatau perubahan keadaan yang mengindikasikan adanya penurunan nilaitanaman perkebunan pada 31 Desember 2014 dan 2013.
-tionsReclassifica
Based on Independent Appraisal Report KJPP Pung’s Zulkarnain &Rekan No. 160/LP/KJPPPSZ/VIII/2012, No. 161/LP/KJPP-PSZ/VIII/2012, 162/LP/KJPP- PSZ/VIII/2012 and163/LP/KJPPPSZ/VIII/2012 dated 6 August 2012, total plantations fairvalue of the Company and its subsidiaries which have beenappraised as of 30 June 2012 and 24 July 2012 is Rp521,725,000,000.
Based on the management evaluation, ther is no event or situationchanges indicating impairment value of plantations as of 31 December2014 and 2013.
83,640,000
-
16,188,266,266
51,456,808,197
177,085,852,078
-
5,938,958,355 6,897,680,588
-
31
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
10. ASET TETAP (Lanjutan) 10. PROPERTY, PLANT AND EQUIPMENT (Continued)
31 Maret 2015
Akumulasi penyusutanPemilikan langsung Direct acquisition
Bangunan dan Buildings and infrastruktur infrastructures Mesin dan alat beratKendaraan VehiclesInventaris office equipmentsPabrik kelapa sawit Oil palm mill
Sub-jumlah Sub-total
Sewa Pembiyaan Finance leaseKendaraan VehiclesPabrik kelapa sawit Oil palm mill
Machinery and Mesin dan alat berat heavy equipments
Sub-jumlah Sub-total
Jumlah T o t a l
Nilai buku neto Net book value
31 Desember 2014Biaya perolehan C o s t Pemilikan langsung Direct acquisition
T a n a h L a n d Bangunan dan Buildings and infrastruktur infrastructures Pabrik kelapa sawit Oil palm mill
Machinery and Mesin dan alat berat heavy equipments Kendaraan VehiclesInventaris Office equipments
Sub-jumlah Sub-total
Sewa Pembiyaan Finance leaseKendaraan VehiclesPabrik kelapa sawit Oil palm millMesin dan alat berat heavy equipments
Sub jumlah Sub-total
Dalam Penyelesaian In progressPembebasan lahan Land acquisition Persiapan lahan Land preparation Pabrik kelapa sawit Oil palm mill
Sub-jumlah Sub-total
Jumlah T o t a l
-
47,184,000
-
-
-
14,008,000
215,200,029
-
14,008,000
-
181,087,573,781
142,417,787,967
Saldo awal/
March 31, 2015
Saldo awal/ Reklasifikasi/
Pengurang/ Reclassifica Saldo akhir/
Additions Dedactions -tions Ending balances December 31, 2014
47,184,000
2,235,389,101
-tions Ending balances
- 5,769,129,977
10,328,279,409
75,585,201,719
Reclassifica Saldo akhir/
323,505,361,748
623,901,065,092
Machinery and heavy equipment
123,357,241,266
13,154,825,000
108,283,016,266
1,919,400,000
Reklasifikasi/
621,679,683,991
123,371,249,266
53,595,405,043
41,714,785,000
16,144,806,266
108,283,016,266
13,154,825,000
174,635,056,948
5,872,550,354
1,933,408,000
6,793,701,588
50,513,808,697
balances
548,399,503,373
435,347,917
7,716,972,273
2,175,959,219
-
553,833,089,465
Beginning Penambahan/ Pengurang/
-
17,475,837,360
35,471,727,465
4,384,417,715
2,155,809,793
65,256,922,310
- 323,673,377,777
-
181,302,773,810
142,370,603,967
4,218,109,337
1,440,623,519
2,325,174,803
-
-
949,283,756
70,067,975,627
9,284,750,653 -
41,809,601,000
-
-
177,038,462,078
-
51,409,418,197
6,897,680,588
5,938,958,355
16,188,266,266
54,794,537,672
-
(215,200,029)
60,783,224,974
6,767,688,517
2,125,276,719
391,785,417
1,751,555,845
33,146,552,662
Beginning
5,631,793,289
16,035,213,841
66,408,001
-
-
-
-
- -
- 2,188,205,101
43,562,500
50,682,500
-
- -
-
-
-
-
- -
Penambahan/
166,308,378
-
-
balances
-
103,979,000 -
-
-
- -
14,008,000
Accumulated
94,816,000
-
-
(215,200,029)
Dedactions
137,336,688
-
-
- 404,253,948
4,473,697,336
- 43,460,000
983,932,600
5,517,226,092
1,043,528,756
-
-
Additions
- 215,200,029
-
-
-
-
895,609,500
32
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
10. ASET TETAP (Lanjutan) 10. PROPERTY, PLANT AND EQUIPMENT (Continued)
31 Desember 2014Akumulasi penyusutanPemilikan langsung Direct acquisition
Bangunan dan buildings and infrastruktur infrastructures
machinery andMesin dan alat berat heavy equipmentsKendaraan VehiclesInventaris office equipmentsPabrik kelapa sawit oil palm plant
Sub-jumlah Sub-total
Sewa Pembiyaan Finance leasekendaraan heavy equipments Pabrik kelapa sawit
mesin dan alat berat
Jumlah T o t a l
Nilai buku neto Net book value
Kapitalisasi ke pembibitan Capitalized to nurseriesKapitalisasi ke tanaman Capitalized to immature
belum menghasilkan plantations Dibebankan ke harga pokok penjualan Charged to cost of goods soldDibebankan ke beban usaha Charged to operational expenses
Jumlah T o t a l
December 31, 2014
Saldo awal/ Reklasifikasi/Penambahan/ Pengurang/ Reclassifica Saldo akhir/
Beban penyusutan untuk aset tetap pemilikan langsung dan asetsewa pembiayaan dialokasikan sebagai berikut:
Depreciation of assets under direct acquisition and finance leasewere allocated as follows:
March 31, 2015 December 31, 201431 Desember 2014/31 Maret 2015/
-
-
-
-
391,785,417
33,146,552,662
6,767,688,517 1,353,537,703
Sub-jumlah
5,871,523,358
4,136,239,475
Machinery and heavy equipments
-
-
-
Accumul
8,250,785,372 1,353,537,704 7,807,336,141 27,448,913 184,774,389
2,125,276,719
70,067,975,627
553,833,089,465
- 5,550,227,748
1,593,670,625 -
Manajemen berkeyakinan bahwa HGU tersebut dapat diperpanjangpada saat masa berlakunya berakhir.
The management believes the HGU could be extended when thematurity ends.
Pada tanggal 31 Desember 2012, aset tetap tertentu dan sertifikatHGU dengan nilai tercatat sebesar Rp 84.887.626.599 dijadikanjaminan sehubungan dengan fasilitas kredit dan fasilitas anjak piutangyang diperoleh dari PT Bank Pan Indonesia Tbk dan PT Clipan FinanceIndonesia Tbk (Catatan 11).
5,517,226,092 21,793,123,650
Rincian areal yang telah memperoleh sertifikat HGUsebagai berikut:
Details area with HGU Sertificate is as follows:
Nomor/ Number Lokasi/ Location Areal (hektar)/ Area (Hectare)
As of 31 December 2012, certain property, plant and equipment andcertificate HGU with book value Rp 84,887,626,599 were used ascollateral for bank loan and factoring which obtained from PT Bank PanIndonesia Tbk and PT Clipan Finance Indonesia Tbk (Note 11).
HGU No. 7 dengan/ with SK No. 71/HGU/BPN/1989 Lhok Boot 6,342.700 31 Desember 2019/31 December 2019
Jatuh Tempo/ Maturity
573,404,832,014
-
-
-
14,546,544,544
1,617,015,793
9,284,750,653
Ending balances
3,492,656,550
27,275,029,304
-
-
-
134,540,052
531,606,094
46,236,680,430
48,274,851,977
627,546,273
725,452,787
7,246,579,106 2,038,171,547
balances Additions Dedactions -tionsBeginning
- 16,035,213,841
238,757,667
-
-
-
153,027,750
5,004,247,016
60,783,224,974
1,751,555,845
5,631,793,289
4,218,109,337
- 10,330,207,508
-
-
5,705,006,333
5,414,150,814
21,793,123,650
-
-
Perusahaan dan entitas anaknya tidak mengasuransikan seluruh asettetapnya terhadap resiko kerugian akibat kebakaran dan kerugianlainnya, kecuali aset tetap yang diperoleh melalui sewa pembiayaan danpembiayaan konsumen telah diasuransikan.
The Company and subsidiaries are not insured its property, plant andequipment againts fire and other risks, except property, plant andequipment acquired by finance lease and financing property, plant andequipment have been insured.
33
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
10. ASET TETAP (Lanjutan) 10. PROPERTY, PLANT AND EQUIPMENT (Continued)
Harga jual Selling price Nilai buku Book value
Jumlah T o t a l
11. ASET TIDAK LANCAR LAINNYA 11. OTHER NON-CURRENT ASSETS
Uang jaminan Security depositsBeban ditangguhkan Deferred expenses
Jumlah T o t a l
12. UTANG USAHA – PIHAK KETIGA 12. TRADE PAYABLES – THIRD PARTIES
13. UTANG NON-USAHA 13. NON-TRADE PAYABLES
a.
PT Sinar Karya Agung PT Sinar Karya Agung PT Permata Prima ElektrindoPrimasawit Tehnik Berjaya Karya Megah Wijaya Karya Megah Wijaya Primasawit Tehnik Berjaya CV Graha Mandiri Graha Mandiri PT Bengkayang Nabati Indonesia Bengkayang Nabati Indonesia lain-lain Other
Jumlah pihak ketiga Total third parties
a. a.
PT Santika Griya Persada PT Sinar Karya Agung
Jumlah pihak ketiga Total third parties
31 Maret 2015/ 31 Desember 2014/
31 Maret 2015/ 31 Desember 2014/
31 Maret 2015/ 31 Desember 2014/
31 Maret 2015/ 31 Desember 2014/
Pihak Berelasi
a. Pihak Ketiga Third Parties
Related Parties
2,767,931,979 2,767,931,979 101,610,342 101,610,342 290,000,000 290,000,000
March 31, 2015 December 31, 2014
40,841,533,625 41,491,533,625 15,150,000,000 12,200,000,000 2,868,481,572 2,868,481,572
52,819,323,191 52,819,323,191 10,697,508,061 10,697,508,061
63,516,831,252 63,516,831,252
Akun ini terutama merupakan utang usaha atas pembeliantandan buah segar.
This account represents mainly trade payables for purchase of freshfruit bunches.
March 31, 2015 December 31, 2014
75,574,563,566 73,049,195,116
75,574,563,566 73,049,195,116
272,489,622 765,879,615
62,292,047,140 60,485,437,133
- -
March 31, 2015 December 31, 2014
- -
Perhitungan laba atas penjualan dan penghapusan aset tetap adalahsebagai berikut:
The calculation of gain on sale and disposal of property, plant andequipment are as follows:
March 31, 2015 December 31, 2014
- -
PT Permata Prima Elektrindo
34
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
14. LIABILITAS SEWA PEMBIAYAAN 14. FINANCE LEASE LIABILITIES
Dalam satu tahun Due in one yearAntara dua sampai lima tahun Between two until five years
Jumlah Total
Dikurangi: Biaya transaksi yang belumdiarmotisasi Unamortized transaction costbeban keuangan di masa depan Future finance charge
Jumlah Total
Jumlah liabilitas sewa pembiayaan bersih Total finance lease liabilities - net
Bagian yang jatuh tempo dalam Current maturitiessatu tahun
Bagian jangka panjang Long-term portion
PT Clipan Finance Indonesia Tbk PT Clipan Finance Indonesia Tbk
31 Maret 2015/ 31 Desember 2014/December 31, 2014
49,735,488,164 49,939,065,542
(25,910,611,939) (25,910,611,939)
146,752,989,576 147,014,323,576
(738,377,612) (738,377,612) (25,172,234,327) (25,172,234,327)
122,928,113,351 122,985,869,973
172,663,601,515 172,924,935,515
Pada tahun 2015 dan 2014, Perusahaan dan entitas anak melakukantransaksi sewa pembiayaan atas pabrik, mesin dan alat berat sertakendaraan bermotor dengan PT Clipan Finance Indonesia Tbk, PTSurya Artha Nusantara Finance, PT Astra Sedaya Finance danPT Dipo Star Finance. Selisih antara nilai penjualan dan penyewaankembali dicatat sebagai “Pendapatan yang ditangguhkan atas transaksipenjualan dan penyewaan kembali”. Pembayaran minimum di masayang akan datang berdasarkan perjanjian adalah sebagai berikut:
In 2015 and 2014, the Company and its subsidiaries entered intofinancing lease agreements for mill, machineries and heavy equipmentand vehicles with PT Clipan Finance Indoensia Tbk, PT Surya ArthaNusantara Finance, PT Astra Sedaya Finance and PT Dipo StarFinance. Differences value of sale and leaseback presented as“Deferred income on sale and leaseback transactions”. The minimumpayments in the future based on agreements are as follows:
March 31, 2015
(49,735,488,164) (49,939,065,542)
97,017,501,412 97,075,258,034
Berdasarkan Akta Notaris Perjanjian Pemberian Fasilitas Sewa GunaUsaha No. 05 tanggal 05 Juli 2013 dari Susanna Tanu, SH., Notarisdi Jakarta, Boswa, entitas anak memperoleh fasilitas pinjaman dariPT Clipan Finance Indonesia Tbk (Clipan) berupa fasilitas SewaGuna Usaha (SGU) dengan jumlah maksimum pembiayaansebesar Rp 119.000.000.000 dan dikenakan bunga sebesar 15%efektif, tetap per tahun untuk jangka waktu 3 tahun, tingkat sukubunga tahun ke 4 dan ke 5 akan ditinjau pada bulan ke 36berdasarkan Cost of Fund Lessor + Margin, dengan jangka waktu 60bulan, termasuk 3 bulan masa tenggang.
Based on Notarial Deed of Lease Offering Facility Agreement No. 05dated 05 July 2013 of Susanna Tanu, SH., Notary in Jakarta, Boswa, asubsidiary obtained a credit facility from PT Clipan Finance IndonesiaTbk (Clipan) in the form of Lease (SGU) facility with a maximum creditof Rp 119,000,000,000 and bears interest rate of 15% effective, fixed perannum for period of 3 years, interest rate in the fourth and fifth year willbe reviewed in the 36th months based on Cost of Fund Lessor + Margin,with a period of 60 months, including 3 months grace period.
35
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
14. LIABILITAS SEWA PEMBIAYAAN (Lanjutan) 14 FINANCE LEASE LIABILITIES (Coninued)
PT Clipan Finance Indonesia Tbk PT Clipan Finance Indonesia Tbk
15. LIABILITAS PEMBELIAN KENDARAAN 15. LIABILITIES ON PURCHASE OF VEHICLES
Based on Lease Agreement No. 8000031336 which is notarized underDeed No. 62 dated 31 July 2013 of Susanna Tanu, SH., Notary inJakarta, Boswa, a subsidiary obtained a credit facility from Clipan in theform of SGU facility amounting to Rp 95,430,349,288 and bears interestof 15% effective per annum with a period of 60 months, including 3months grace period.
Berdasarkan Perjanjian Sewa Guna Usaha No.80000141338 tanggal 1 Agustus 2013, Boswa, entitas anakmemperoleh fasilitas pinjaman SGU dari Clipan sebesar Rp2.056.809.000 dan dikenakan bunga sebesar 15% efektif per tahundengan jangka waktu 60 bulan, termasuk 3 bulan masa tenggang.
Based on Lease Agreement No. 80000141338 dated1 August 2013, Boswa, a subsidiary obtained a credit facility from Clipanin the form of SGU facility amounting to Rp 2,056,809,000 and bearsinterest of 15% effective per annum with a period of 60 months,including
Berdasarkan Perjanjian Sewa Guna Usaha No.80000171338 tanggal 26 Agustus 2013, Boswa, entitas anakmemperoleh fasilitas pinjaman SGU dari Clipan sebesar Rp5.381.468.961 dan dikenakan bunga sebesar 15% efektif per tahundengan jangka waktu 60 bulan, termasuk 3 bulan masa tenggang.
Based on Lease Agreement No. 80000171338 dated26 August 2013, Boswa, a subsidiary obtained a credit facility fromClipan in the form of SGU facility amounting to Rp 5,381,468,961 andbears interest of 15% effective per annum with a period of 60months, including
Berdasarkan Perjanjian Sewa Guna Usaha No.80000191338 tanggal 18 November 2013, Boswa, entitas anakmemperoleh fasilitas pinjaman SGU dari Clipan sebesar Rp5.414.389.017 dan dikenakan bunga sebesar 16% efektif per tahundengan jangka waktu 60 bulan, termasuk 3 bulan masa tenggang.
Based on Lease Agreement No. 80000191338 dated 18 November2013, Boswa, a subsidiary obtained a credit facility from Clipan in theform of SGU facility amounting to Rp 5,414,389,017 and bears interestof 15% effective per annum with a period of 60 months, including 3months grace period.
Berdasarkan surat dari Clipan No. 127/XII/2013/OL/HED tanggal 24Desember 2013, Clipan telah menyetujui penjadwalan kembalipembayaran sewa guna usaha atas 5 perjanjian tersebut diatas,yang diakatakan dalam Akta No. 12 tanggal 16 Januari 2014 dariSusanna Tanu, S.H., Notaris di Jakarta.
Based on the letter from Clipan No.127/XII/2013/OL/HED dated 24 December 2013, Clipan agreed toreschedule the lease payment facility of the 5 lease agreements above,which is notarized under Deed No. 12 dated 16 January 2014 ofSusanna Tanu, S.H., Notary in Jakarta.
Pada tahun 2015 dan 2014, Perusahaan dan entitas anak melakukantransaksi kredit kepemilikan kendaraan bermotor dengan PT BankMestika Dharma, PT Astra Sedaya Finance dan PT Dipo Star Financedengan jangka waktu dua (2) tahun. Pembayaran minimum di masayang akan datang berdasarkan perjanjian adalah
In 2015 and 2014, the Company and its subsidiaries entered intofinancing agreements for purchase of vehicles with PT Bank MestikaDharma, PT Astra Sedaya Finance and PT Dipo Star Financecovering two (2) years period. The minimum payments in the futurebased on agreements are as follows:
Berdasarkan Perjanjian Sewa Guna Usaha No.8000021338 yang diaktakan dengan Akta Notaris No. 06 tanggal05 Juli 2013 dari Susanna Tanu, SH., Notaris di Jakarta, Boswa,entitas anak memperoleh fasilitas pinjaman SGU dariClipan sebesar Rp 9.600.000.000 dan dikenakan bunga sebesar15% efektif per tahun dengan jangka waktu 60 bulan, termasuk 3
Based on Lease Agreement No. 8000021338 which is notarized underDeed No. 06 dated 05 July 2013 of Susanna Tanu, SH., Notary inJakarta, Boswa, a subsidiary obtained a credit facility from Clipan in theform of SGU facility amounting to Rp 9,600,000,000 and bearsinterest of 15% effective per annum with a period of 60 months,including 3 months grace period.
Berdasarkan Perjanjian Sewa Guna Usaha No.8000031336 yang diaktakan dengan Akta Notaris No. 62 tanggal31 Juli 2013 dari Susanna Tanu, SH., Notaris di Jakarta, Boswa,entitas anak memperoleh fasilitas pinjaman SGU dariClipan sebesar Rp 95.430.349.288 dan dikenakan bunga sebesar15% efektif per tahun dengan jangka waktu 60 bulan, termasuk 3bulan masa tenggang.
36
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
15. LIABILITAS PEMBELIAN KENDARAAN (Lanjutan) 15. LIABILITIES ON PURCHASE OF VEHICLES (Continued)
Dalam satu tahun Within one yearsAntara satu dan dua tahun Between one and two years
Dikurangi: beban keuangan di di masa datang Less: Future finance charges
Nilai kini pembiayaan Present value of financing
Bagian yang jatuh tempo dalam satu tahun Current maturities
Bagian jangka panjang Long-term portion
16. PERPAJAKAN 16. TAXATION
a. Pajak Dibayar di Muka a. Prepaid Taxes
Pajak Penghasilan Income taxesPasal 22 Article 22 Pasal 28a Article 28a
Pajak Pertambahan Nilai Value Added TaxJumlah T o t a l
b. Utang Pajak b. Taxes Payable
Pajak Penghasilan Income taxesPasal 4 (2) Article 4 (2) Pasal 21 Article 21 Pasal 22 Article 22 Pasal 23 Article 23 Pasal 25 Article 25
Pajak Pertambahan Nilai Value Added TaxPBB PBBPajak lainnya Other tax
Jumlah T o t a l
31 Maret 2015/ 31 Desember 2014/
499,814,440
722,297,000 868,640,000
(374,841,000) (521,184,000)
347,456,000 347,456,000
347,456,000 347,456,000 722,297,000 868,640,000
- -
March 31, 201531 Maret 2015/ 31 Desember 2014/
December 31, 2014
374,841,000 521,184,000
6,065,431,917
7,254,806,023 8,546,079,496
24,990,722 24,990,722 1,571,346,613 1,415,563,340 372,423,950 654,160,470
9,328,089 26,513,566 84,469,074 84,499,074 248,886,537 247,189,066
31 Maret 2015/ 31 Desember 2014/
27,731,342 27,731,341
11,710,715,916 11,643,077,975 12,210,530,356 12,142,892,415
March 31, 2015 December 31, 2014
4,915,629,696
March 31, 2015 December 31, 2014
- 499,814,440
37
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
16. PERPAJAKAN (Lanjutan) 16. TAXATION (continued)
c. Beban Pajak Penghasilan c. Income Tax Expense
Pajak kini Current taxPerusahaan Company Entitas anak Subsidiaries
Pajak tangguhan Deferred taxPerusahaan Company Entitas anak Subsidiaries
Jumlah T o t a l
d. Perhitungan Fiskal d. Fiscal Computation
Laba (rugi) sebelum pajakpenghasilan menurut laporan Income before income taxlaba rugi komprehensif per statements ofkonsolidasian comprehensive income
Rugi (laba) entitas anak sebelum Loss (income) before income taxpajak penghasilan of subsidiaries
Rugi sebelum pajak Loss before income taxpenghasilan Perusahaan of the Company
Perbedaan temporer: Temporary differences:
Imbalan pasca-kerja Post-employment benefitsTanaman perkebunan PlantationAset sewa guna usaha Lease assets
Jumlah T o t a l
Perbedaan tetap: Permanent differences:
Beban pajak Tax expenseRepresentasi dan jamuan Representation and entertainPenghasilan bunga Interest incomeLain-lain Others
Jumlah T o t a l
Taksiran rugi fiskal Estimated fiscal loss
March 31, 2015 March 31, 2014
- 189,183,900
4,931,588,182 12,161,822,378
(1,481,647,613) (491,120,276)
- 37,215,641
Rekonsiliasi antara laba (rugi) sebelum pajak menurut laporan labarugi komprehensif dengan laba kena pajak untuk periode tiga bulanyang berakhir pada tanggal - tanggal 31 Maret 2015 dan 2014adalah sebagai berikut:
A reconciliation between income (loss) before tax per statementsof comprehensive income and taxable income for the threemonths period ended 31 March 2015 and 2014 are as follows:
March 31, 2015 March 31, 2014
3,449,940,569 (11,670,702,102)
31 Maret 2015/ 31 Maret 2014/
1,829,884 (216,472,802)
31 Maret 2015/ 31 Maret 2014/
- -
- (84,430,689)
- 5,899,000 11,958,280
- (121,646,330)
(1,479,817,729) (792,023,767)
- -
- -
(4,069,116) (417,614,982)
- -
- -
38
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
16. PERPAJAKAN (lanjutan) 16. TAXATION (Continued)
d. Perhitungan Fiskal (Lanjutan) d. Fiscal Computation (Continued)
Saldo Pindahan Balance carried forward
Kompensasi kerugian
fiskal tahun: Compensated fiscal loss for:- 2009- 2010 2009 -- 2011 2010 -- 2012 2011 -- 2013 2012 -- 2014 2013 -
Jumlah T o t a l
Akumulasi rugi fiskal Accumulated fiscal loss
e. Pajak Tangguhan e. Deferred Tax
Aset Pajak Tangguhan Deferred Tax AssetsPerusahaan Company
Tanaman perkebunan Plantations Post employment
Imbalan pasca kerja benefits Sewa guna usaha Finance lease Rugi fiskal Fiscal loss
Jumlah T o t a l
Liabilitas Pajak tangguhan Deferred Tax LiabilitiesEntitas anak Subsidiaries
PT Boswa Megapolis PT Boswa Megapolis PT Brent Multidaya PT Brent Multidaya PT Bumi Orion PT Bumi Orion
sawit subur sawit subur
Jumlah T o t a l
f. Hasil Pemeriksaan Pajak f. Tax Assessments Under Appeal
- (459,012,046)
31 Maret 2015/ 31 Maret 2014/March 31, 2015 March 31, 2014
(1,479,817,729) (792,023,767)
- - -
(37,410,915,311) (26,251,908,683)
Dikreditkan (dibebankan) ke laporan laba rugi komprehensif/
credited (charged) to
statements of comprehensive
Dikreditkan (dibebankan) ke laporan laba rugi komprehensif/
credited (charged) to statements of comprehensive
31 Desember/31 December
2014
(582,784,013) (10,471,212,666) -
(35,931,097,582) (25,459,884,916)
(582,784,013)
237,362,460
6,364,971,228 2,390,486,823
1 januari/1 January
2014
31 Maret/ March 31
2015
- (5,805,414,948)
Under Appeal Tax Assessment Letter (SKPKB)issued by the TaxService Office for the year ended31 December 2013 for Boswa, asubsidiary, are as follows:
(250,309,852)
3,187,405,563
2,935,794,645 (2,033,924,296)
(1,003,383,417)
5,244,643,896
9,303,910 -
5,235,339,986
-
Hasil pemeriksaan serta Surat Ketetapan Pajak (SKPKB) yangdikeluarkan oleh Kantor Pelayanan Pajak untuk tahun yang berakhir31 Desember 2013 kepada Boswa, entitas anak, sebagai berikut:
- -
-
-
663,875,037
753,073,565
1,007,260,872 1,175,460,208
8,432,049,459
2,390,486,823
(5,805,414,948)-
488,305,164
901,870,349
663,875,037 (343,385,835)
2,390,486,823 11,600,311,214
(687,155,044)
(5,805,414,948)
246,666,370 246,666,370
488,305,164
8,432,049,459
901,870,349
(250,309,852)
11,600,311,214
(997,351,338) (997,351,338) (8,511,296,307) (8,511,296,307) (15,368,453,258) (15,368,453,258)
39
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
16. PERPAJAKAN (lanjutan) 16. TAXATION (Continued)
f. Hasil Pemeriksaan Pajak (Lanjutan) f. Tax Assessments Under Appeal (Continued)
Tahun yang Berakhir 31 Maret 2015 Year ended March 31, 2015Entitas anak SubsidiaryPajak Penghasilan Income taxes
Pasal 4 (2) Article 4 (2) Pasal 21 Article 21 Pasal 29 - badan Article 29 - Corporate Income Tax
Pajak Pertambahan Nilai Value Added Tax
17. MODAL SAHAM 17. SHARE CAPITAL
Nama Pemegang Saham Name of Shareholders
PT Santika Griya Persada PT Santika Griya PersadaPT Bengkayang Nabati Indonesia PT Bengkayang Nabati IndonesiaDana Pensiun Karyawan Panin Bank Dana Pensiun Karyawan Panin BankPT Multi Karang Intan Permai PT Multi Karang Intan PermaiMasyarakat (masing-masing dengan
kepemilikan kurang dari 5%) Public (each holding below 5%)
Jumlah T o t a l100.00%
Jumlah tambahanliabilitas pajak
(termasuk bungadan denda)/Amounts of
additional taxliabilities (including
interest andpenalties)
Jumlah yangdibebankan pada
laba rugikomprehensif
tahunberjalan/
Amounts chargedto statements ofcomprehensive
income for the year
1,289,698,373 650,933,246 2009 1,325,129,881 2010 1,340,643,001 2011 870,862,258
2008 13,510,659 13,510,659 2008
Tahun Pajak/ Fiscal Year
55,156,704 2011
2008
disetor/Number of Total
shares paid - up capital
4,500,000,000 50.00% 450,000,000,000
Boswa, entitas anak telah melakukan pembayaran sebesar Rp638.765.127 pada tahun 2013 dan Rp 2.379.363.490 pada tahun2014 atas Pajak Pertambahan Nilai.
Boswa, a subsidiary, paid the underpayment of Value Added Taxassessment letter amounted to Rp 638,765,127 in 2013 and Rp2,379,363,490 in 2014
9,000,000,000
Pada tanggal 31 Maret 2015 dan 31 Desember 2014, susunanpemegang saham dan pemilikannya adalah sebagai berikut:
As of March 31, 2015 and 31 December 2014, the structure ofshareholders and their respective shareholdings are as follows:
2015Jumlah Persentase Jumlah Modalsaham/
900,000,000,000
1,905,304,500 190,530,450,000
1,494,695,500 149,469,550,000 600,000,000 60,000,000,000 500,000,000 50,000,000,000
1,657,307,503 55,156,704
2,681,286,002 2,295,083,145
Percentage ofpemilikan/
891,518,148
5.55%6.67%16.61%
ownership
21.17%
40
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
17. MODAL SAHAM (Lanjutan) 17. SHARE CAPITAL (Continued)
Nama Pemegang Saham Name of Shareholders
PT Santika Griya Persada PT Santika Griya PersadaPT Bengkayang Nabati Indonesia PT Bengkayang Nabati IndonesiaDana Pensiun Karyawan Panin Bank Dana Pensiun Karyawan Panin BankPT Multi Karang Intan Permai PT Multi Karang Intan PermaiMasyarakat (masing-masing dengan
kepemilikan kurang dari 5%) Public (each holding below 5%)
Jumlah T o t a l
18. TAMBAHAN MODAL DISETOR 18. ADDITIONAL PAID-IN CAPITAL
Agio saham Shares premiumPenawaran saham perdana Initial public offering Biaya emisi saham, bersih Share issuance costs, net
Selisih nilai transaksi restrukturisasi Net difference in value of restructuringentitas sepengendali (Penerapan with entities under common control PSAK No. 38 - Revisi 2012) (adoption PSAK No. 38 - Revised 2012)
Jumlah T o t a l
19. KOMPONEN EKUITAS LAINYA 19. OTHER COMPONENTS OF EQUITY
Selisih transaksi dengan pihak Difference in value of transaction non-pengendali with non-controlling interest Biaya emisi saham, bersih Share issuance costs, net
Rugi belum direalisasi atas Unrealized loss on decrease in fairpenurunan nilai wajar efek value of available for sale tersedia untuk dijual securities
Jumlah T o t a l
16.61%
31 Desember 2014/
21.17%
6.67%
ownership
31 Maret 2015/
100.00%
disetor/Number of Total
shares paid - up capital
2014Jumlah Persentase Jumlah Modal
500,000,000 50,000,000,000
1,905,304,500 190,530,450,000
4,500,000,000 50.00% 450,000,000,000 1,494,695,500 149,469,550,000 600,000,000 60,000,000,000
saham/
March 31, 2015 December 31, 2014
40,000,000,000 40,000,000,000 (19,613,471,519) (19,613,471,519)
9,000,000,000 900,000,000,000
Berdasarkan keputusan para pemegang saham sebagaimanadiaktakan dalam Akta Notaris No. 8 tanggal 4 Maret 2013 dari H.Teddy Anwar, S.H., SpN., Notaris di Jakarta, para pemegang sahammenyetujui untuk meningkatkan modal ditempatkan dan disetor dariRp 500.000.000.000 menjadi Rp 900.000.000.000 yang dilakukansehubungan dengan pelaksanaan penawaran umum perdana saham.Akta perubahan ini telah diterima dan dicatat oleh Menteri Hukum danHak Asasi Manusia Republik Indonesia dengan surat penerimaanpemberitahuan No. AHU-AH.01.10-28634 tanggal 12 Juli 2013.
Based on the decision of the stockholders as stated on Notarial DeedNo. 8 dated 4 March 2013 of Teddy Anwar, S.H., SpN., Notary inJakarta, the stockholders agreed to increased the Company’ssubscribed and paid-up capital from Rp 500,000,000,000 toRp 900,000,000,000 related to the implementation of the initialpublic offering stocks. This amendment which had been reportedand acknowledged by Ministry of Law and Human Rights of theRepublic of Indonesia with acceptance receipt No. AHU-AH.01.10-28634 dated 12 July 2013.
(12,104,051) (12,104,051)
718,351,087 718,351,087
March 31, 2015 December 31, 2014
730,455,138 730,455,138 - -
20,386,528,481 20,386,528,481
(480,442,838) (480,442,838)
19,906,085,643 19,906,085,643
31 Maret 2015/ 31 Desember 2014/
pemilikan/Percentage of
5.55%
41
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
20. KEPENTINGAN NON-PENGENDALI 20. NON-CONTROLLING INTEREST
Subsidiary
PT Boswa Megapolis PT Boswa MegapolisPT Brent Multidaya PT Brent MultidayaPT Bumi Orion Sawit PT Bumi Orion Sawit
Subur subur
Jumlah T o t a l
Subsidiary
PT Boswa Megapolis PT Boswa MegapolisPT Brent Multidaya PT Brent MultidayaPT Bumi Orion Sawit PT Bumi Orion Sawit
Subur subur
Jumlah T o t a l
21. PENJUALAN BERSIH 21. NET SALES
Minyak sawit mentah Crude palm oil Inti sawit Palm kernelTandan buah segar Fresh fruit bunches Lain-lain Others
Jumlah T o t a l
31 Maret 2015/ 31 Maret 2014/
Entitas anak
Bagian laba (rugi) entitas anak/
Equity in net profit (loss)
861,895 (12) 861,883
22,950,848,049 319,557,738 23,270,405,787 715,212 (378) 714,834
31 Maret 2015/ March 31, 2015
Saldo awal tahun/ Balance at
beginning of year
Bagian laba (rugi) entitas anak/
Equity in net profit (loss)
Lain lain/ Others Saldo akhir tahun/
Balance at end of year
22,950,848,049 715,212
Entitas anak
23,042,630,537 (91,782,488) - 847,570 (132,358) -
Saldo awal tahun/ Balance at
beginning of year
-
March 31, 2015 March 31, 2014
20,976,292,148
- 861,895
31,144,825,733 3,496,138,000 651,539,410 - - 202,530,000
24,674,960,148 31,796,365,143
- 22,952,425,156 (6,462) 868,357 (91,921,308)
31 Desember 2014/ December 31, 2014
Lain lain/ Others
Saldo akhir tahun/ Balance at end of year
22,952,425,156 319,557,348
23,044,346,464
- 23,271,982,504
42
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
22. BEBAN POKOK PENJUALAN 22. COST OF GOODS SOLD
Tandan Buah Segar (TBS) Fresh Fruit Bunches (FFB)Penyusutan Depreciation Beban panen dan pemeliharaan Harvest cost Lain-lain Others Beban produksi Production cost (Balance carried forward)
Saldo awal Beginning balancePembelian-Pihak ketiga Purchase - Third partiesTBS tersedia FFB availableSaldo akhir TBS Ending balance of FFB
Pemakaian TBS untuk diproduksi FFB consumed for productionminyak sawit dan inti sawit of crude palm oil and palm kernel
Beban pokok penjualan - TandanBuah Segar Cost of sales - Fresh Fruit Bunches
Minyak Sawit Mentah dan Inti Sawit Crude Palm Oil and Palm KernelPemakaian TBS untuk diproduksi FFB consumed for production
minyak sawit dan inti sawit of crude palm oil and palm kernel Upah Direct laborPenyusutan DepreciationBeban tidak langsung Indirect cost
Beban pokok produksi Cost of goods manufactured
Persediaan barang jadi Finished goods inventoriesAwal periode At beginning of periodAkhir periode At end of period
Beban pokok penjualan - Minyak Cost of goods sold - Crude Palm Oil andSawit Mentah dan Inti Sawit Palm Kernel
Beban pokok penjualan Cost of Goods Sold
31 Maret 2015/ 31 Maret 2014/
7,768,161,189
15,921,589,647 31,702,140,102 18,985,795,074 32,928,028,154
(29,363,443) (749,232,480)
- 10,000,000 3,064,205,427 1,225,888,052
- -
-
884,257,350
21,164,085,141 31,327,761,652
1,353,537,704 1,759,245,360
18,956,431,631 24,410,634,485 385,849,287 389,323,503
18,956,431,631 32,178,795,674
(18,956,431,631) (24,410,634,485)
- -
468,266,519 4,768,558,304
196,599,048 331,630,702
(3,120,576,838) (1,865,647,427)
March 31, 2015 March 31, 2014
2,867,606,379
18,043,508,303 37,230,275,414
Pada tahun 2015 dan 2014, tidak terdapat pembelian dari pemasokyang melebihi 10% dari jumlah penjualan bersih konsolidasian.
In 2015 and 2014, there were no purchase from supplier whichexceeds 10% of total net consolidated revenue.
18,043,508,303 29,462,114,225
43
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
23. BEBAN UMUM DAN ADMINISTRASI 23. GENERAL AND ADMINISTRATIVE EXPENSES
Pajak TaxesGaji dan tunjangan Salaries and allowancePerjalanan dinas TravelS e w a R e n tJasa profesional Professional feePerbaikan dan pemeliharaan Repair and maintenanceImbalan pasca kerja Post-employment benefitsDokumentasi dan perijinan Documentation and permitsPenyusutan DepreciationPos dan telekomunikasi Telecommunication and postageAlat tulis kantor dan fotokopi Stationaries and photocopyAsuransi InsuranceLain-lain Others
Jumlah Total
24. IMBALAN PASCA-KERJA 24 .POST-EMPLOYMENT BENEFITS
Asumsi utama yang digunakan dalam menentukan The details of the liability for post-employment penilaian aktuarial tersebut adalah sebagai berikut : benefits are as follows:
Tingkat diskonto Discount rateTingkat kenaikan gaji Salary increase rateTingkat kematian Mortality rateUsia pensiun normal Normal retirement age
Rincian liabilitas atas imbalan pasca-kerja The details of the liability for post-employmentkaryawan adalah sebagai berikut: benefits are as follows:
Nilai kini Present value of definedLiabilitas imbalan pasti benefit obligation
Beban jasa lalu belum diakui Unrecognized past service costKeuntungan (kerugian) aktuarial Unrecognized of actuarial
yang belum diakui gain (loss)
Jumlah T o t a l
March 31, 2015
55 tahun/ years
March 31, 2014
8.50%8.99%
TMI III - 2011
31 Maret 2015/
March 31, 2015 December 31, 2014
- -
31 Maret 2015/ 31 Desember 2014/
- 973,368,824 - (992,851,957) - - - 1,108,065,612
- 1,088,582,479
Beban imbalan pasca-kerja yang diakui dalam laporan laba rugikomrehensif adalah:
Amounts recognized in the statements of comprehensive income inrespect of the post- employment benefits expenses are as follows;
31 Maret 2014/
31 Maret 2014/
232,649,842 888,721,289
230,476,837 - 44,900,000 35,500,000
27,448,913 80,820,399
174,574,275
15,179,452 113,947,287
March 31, 2015 March 31, 2014
24,610,414 23,920,000
31 Maret 2015/
67,746,003
610,866,353 2,278,748,215
2,914,600 13,049,141
122,547,797 548,962,556
21,369,332 2,094,600
51,500,000 -
69,466,190
- 97,215,641
-
44
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
24 IMBALAN PASCA-KERJA (Lanjutan) 24 POST-EMPLOYMENT BENEFITS (Continued)
Beban jasa kini Current service costBeban bunga Interest costKerugian aktuarial Actuarial costAmortisasi beban jasa lalu Service cost
unvested
Jumlah T o t a l
Saldo awal Beginning balanceBeban tahun berjalan Expense during the yearPembayaran tahun berjalan Payments during the year
Saldo akhir Ending Balance
25. SIFAT DAN TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 25. NATURE AND TRANSACTION WITH RELATED PARTIES
Sifat Hubungan dan Transaksi dengan Pihak-Pihak Nature of Transactions and Relationship with RelatedBerelasi Parties
Hubungan dan sifat saldo akun dan transaksi denganpihak-pihak berelasi adalah sebagai berikut:
follows :
1 PT. Santika Griya Persada Pemegang saham Perusahaan/ Shareholder of the Company
Pembelian saham Boswa dan utang non-usaha/ Acquisition shares of Boswa and non-trade payables
March 31, 2015 December 31, 201431 Maret 2015/ 31 Desember 2014/
1,949,030,905 1,864,735,744 - 300,993,504 - (216,698,343)
1,949,030,905 1,949,030,905
The relationship and nature of account balances ortransactions with related parties are described as
No. Pihak-pihak berelasi/ Related parties
Sifat dari hubungan/ Nature of relationship
Sifat dari transaksi/ Nature of transactions
31 Maret 2015/March 31, 2015 December 31, 2014
- 192,166,859 - 130,426,338 - (22,019,084)
31 Desember 2014/
- - 420,390
- 300,994,503
Mutasi liabilitas imbalan pasca-kerja yang diakui di laporan posisikeuangan adalah sebagai berikut:
Movements in the liability for post-employment benefits recognizedin the statements of financial position are as follows:
45
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
25. SIFAT DAN TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 25. NATURE AND TRANSACTION WITH RELATED PARTIES(Lanjutan) (Continued)
Saldo dengan Pihak-Pihak Berelasi Balances with Related Parties
a. Piutang Non-usaha a.
PT. Asta Keramasan PT. Asta KeramasanEnergi Energi
T o t a l
b
PT Santika Griya Persada PT Santika Griya Persada
Jumlah T o t a l
Kompensasi Personil Manajemen Kunci Key Management Personnel Compensation
Personil manajemen kunci Perusahaan adalah anggota Key management personnel of the Company is Boards Dewan Komisaris dan Direksi Perusahaan. of Commissioners and Directors.
Imbalan jangka pendek Short-term benefitsImbalan pasca-kerja Post-employment benefits
Jumlah T o t a l
26. INFORMASI SEGMEN USAHA 26. SEGMENTS INFORMATION
31 Maret 2015/ 31 Desember 2014/ 31 Maret 2015/
Perusahaan dan entitas anaknya mengklasifikasikan aktivitas usahanyaberdasarkan lokasi usaha, dimana untuk masing-masing lokasimempunyai pendapatan dari pelanggan yang dapat diatribusikansecara langsung per lokasi usaha, dan masing-masing wilayahmempunyai pengaruh dalam hal membuat keputusan. Tidak adatransaksi antar segmen. Informasi segmen Perusahaan dan entitasanaknya adalah sebagai berikut:
The Company and its subsidiaries classified its business activity basedon business location whereas each area has revenue from customer thatcan be attributed in term of making decision. There were no significanttransactions between segments. The Company and its subsidiariessegment information’s are as follows:
75,574,563,566 73,049,195,116 23.45 22.67
75,574,563,566 73,049,195,116 23.45 22.67
March 31, 2015 December 31, 2014
559,420,725 1,864,735,745 - 300,994,503
559,420,725 2,165,730,248
Jumlah - -
b. Utang Non-usaha Non-trade Payables
Persentase terhadap jumlah liabilitas/Percentage of total liabilities
31 Maret 2015/ March 31, 2015
31 Desember 2014/ December 31, 2014
31 Maret 2015/ March 31, 2015
31 Desember 2014/ December 31, 2014
Non-trade Receivables
Persentase terhadap jumlah aset/
Percentage of total assets
March 31, 2015 December 31, 2014 March 31, 2015
- - - -
December 31, 201431 Desember 2014/
31 Maret 2015/ 31 Desember 2014/
46
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
26. INFORMASI SEGMEN USAHA (Lanjutan) 26. SEGMENTS INFORMATION (Continued)
Penjualan BersihBeban Pokok Penjualan
Hasil segmen
Beban yang belum dialokasikan :
Beban umum dan administrasi
Penghasilan bungaBeban keuangan
Pendapatan operasi lain
Beban pajak
Beban operasi lain
Laba sebelum pajak penghasilan
Manfaat pajak penghasilanLaba tahun berjalanPendapatan komperatif
lainnyaJumlah Laba komperhensif pada
tahun berjalan
Asset dan Liabilitas
Jumlah aset
Jumlah liabilitas
Penjualan BersihBeban Pokok Penjualan
Hasil segmen
Beban yang belum dialokasikan :Beban umum dan administrasiPenghasilan bungaBeban keuanganPendapatan operasi lainBeban pajakBeban operasi lain
Rugi sebelum pajak penghasilan
Manfaat pajak penghasilanLaba tahun berjalanPendapatan komperatif
lainnyaJumlah Laba komperhensif pada
tahun berjalan
Asset dan Liabilitas Assets and Liabilities
Jumlah aset
Jumlah liabilitas
Total comprehensive (11,670,702,102) income for the year
1,790,542,434,044 (558,942,745,852)
Finance charge
(37,230,275,414) - Costs of sales
(5,433,910,271) - (5,433,910,271)
-
Other operating income
- Tax expenses
(11,670,702,102)income tax
Loss before income tax
Unallocates
- (5,433,910,271)
1,231,599,688,192 Total assets
31 Maret 2014/ March 31, 2014Sumatera/ Sumatra
Kalimantan/ Borneo
Jumlah/ Total
Eliminasi/ Elimination
Konsolidasi/ Consolidation
Segment results
31,796,365,143 - 31,796,365,143 - 31,796,365,143 Net (37,230,275,414) (37,230,275,414)
(2,278,748,215)
Income for the yearOther comprehensive
Income Total comprehensive
3,449,940,569 income for the year
(561,213,215,295) 1,244,580,913,679 Total assets
312,547,079,463 70,699,791,313 383,246,870,776 (59,872,223,008) 323,374,647,768 Total Liabilities
-
3,449,940,569
8,126,269,871 (1,494,818,026) - - 6,631,451,845 Segment results
Other operating income
Tax expensesOther operating
expenses
3,449,940,569 Profit before income tax
benefit
Unallocates expenses :
income tax -
-
General and administrative
expenses
31 Maret 2015/ March 31, 2015Sumatera/ Sumatra
Kalimantan/ Borneo
Jumlah/ Total
Eliminasi/ Elimination
Konsolidasi/ Consolidation
24,674,960,148 - - - 24,674,960,148 Net sales
16,548,690,277 - Costs of sales
1,494,818,026 - 18,043,508,303
1,558,116,805,800 232,425,628,244
- Income
(11,670,702,102)
330,653,266
(610,866,353)
1,045,098,754,940
-
Interest income
60,131,343,229
- benefit Income for the year
Interest income
General and administrative
Assets and Liabilities
760,695,374,034 1,805,794,128,974
Other operating expenses
expenses
- (4,798,348,407) 840,304,791
293,848,268,275 353,979,611,504 (57,282,196,253) 296,697,415,251 Total Liabilities
Other comprehensive
(2,905,367,305)
4,069,116
Finance charge
-
-
47
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
27. MANAJEMEN RISIKO KEUANGAN 27. FINANCIAL RISK MANAGEMENT
a. Risiko Kredit a. Credit Risk
Perusahaan dan entitas anaknya memiliki risiko kredit yangterutama berasal dari simpanan di bank, investasi lain-lain danpiutang non-usaha, Perusahaan dan entitas anaknya mengelolarisiko kredit yang terkait dengan simpanan di bank denganmemonitor reputasi bank.
The Company and its subsidiaries is exposed to credit risk primarilyfrom deposits with banks, other investment and non-tradereceivables. The Company and its subsidiaries manage credit riskexposed from its deposits with banks by monitoring bank’sreputation.
Pengungkapan kuantitatif eksposur risiko kredit di dalamhubungannya dengan aset keuangan dijelaskan sebagai berikut.
Quantitative disclosures of the credit risk exposure in relationto financial assets are set out below.
Considering that good risk management practice implementation couldbetter support the performance of the Company and its subsidiaries,hence, the risk management would always be an important supportingelement for the Company and its subsidiaries in running itsbusiness. The target and main purpose of the implementation of riskmanagement practices in the Company and its subsidiaries is tomaintain and protect the Company and its subsidiaries throughmanaging the risk of losses, which might arise from its various activitiesas well as maintaining risk level in order to match with the directionalready established by the management of the Company and itssubsidiaries.
The Company and its subsidiaries have exposure to the following riskfrom financial instruments, such as: credit risk and liquidity risk.
Perusahaan dan entitas anaknya memiliki eksposur terhadap risiko-risiko atas instrumen keuangan seperti: risiko kredit dan risiko likuiditas.
Mengingat bahwa penerapan praktik manajemen risiko yang baik dapatmendukung kinerja Perusahaan dan entitas anaknya, maka manajemenrisiko selalu menjadi elemen pendukung penting bagi Perusahaan danentitas anaknya dalam menjalankan usahanya. Sasaran dan tujuanutama dari diterapkannya praktik manajemen risiko di Perusahaan danentitas anaknya adalah untuk menjaga dan melindungi Perusahaandan entitas anaknya melalui pengelolaan risiko kerugian yang mungkintimbul dari berbagai aktivitasnya serta menjaga tingkat risiko agarsesuai dengan arahan yang sudah ditetapkan oleh manajemenPerusahaan dan entitas anaknya.
48
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
27. MANAJEMEN RISIKO KEUANGAN (Lanjutan) 27. FINANCIAL RISK MANAGEMENT (Contiued)
a. Risiko Kredit (Lanjutan) a. Credit Risk (Continued)
Aset Keuangan Financial Assets Bank Cash in banks Aset keuangan lancar
Other current financial assets Piutang usaha Trade receivables Piutang non-usaha Non-trade
Jumlah T o t a l
b. Risiko Tingkat Bunga b. Interest Risk
c. Risiko Likuiditas c. Liquidity Risk
Tabel di bawah ini merupakan jadwal jatuh tempo liabilitas keuanganPerusahaan dan entitas anaknya berdasarkan pembayarankontraktual yang tidak didiskontokan pada tanggal 31 Maret 2015:
The table below represents the maturity schedule of the Companyand its subsidiaries financial liabilities based on undiscountedcontractual payments as of 31 March 2015:
2,422,102,859 - 2,478,581,200 2,432,255,859
- 2,432,255,859
6,664,424,844 3,933,871,185 3,933,871,185
Risiko tingkat bunga yang dihadapi Perusahaan dan entitas anaknyaberasal dari utang bank dan utang sewa pembiayaan.
The Company and its subsidiaries interest rate arise from bankloans and finance lease liabilities.
6,664,424,844
Kebijakan manajemen dalam mengelola risiko tingkat bunga inidengan melakukan analisa pergerakan suku bunga dan jikadiperlukan melakukan transaksi interest rate swap .
Management’s policy to manage this risk by analyzing interestrate’s movements and, if needed, enters into interest rate swapstransactions.
Manajemen telah membentuk kerangka kerja manajemen risikolikuiditas untuk pengelolaan dana jangka pendek, menengahdan jangka panjang dan persyaratan manajemen likuiditas.Perusahaan dan entitas anaknya mengelola risiko likuiditas denganmempertahankan cadangan yang memadai dan dengan terusmemantau rencana dan realisasi arus kas dengan cara pencocokkanprofil jatuh tempo aset dan liabilitas keuangan.
The management has established an appropriate liquidity riskmanagement framework for the management of the Company and itssubsidiaries’ short, medium and long-term funding and liquiditymanagement requirements. The manages liquidity risk by maintainingadequate reserves and by continuously monitoring forecast andactual cash flows, and by matching the maturity profiles of financialassets and liabilities.
2,478,581,200
31 Maret 2015/ March 31, 2015 31 Desember 2014/ December 31, 2014Nilai tercatat/
Carrying ValueMaksimum eksposur/ Maximum Exposure
Nilai tercatat/ Carrying Value
Maksimum eksposur/ Maximum Exposure
1,175,844,836 913,719,377
587,895,949 587,895,949
913,719,377
587,895,949 lainnya
1,175,844,836
587,895,949 2,422,102,859
49
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
27. MANAJEMEN RISIKO KEUANGAN (Lanjutan) 27. FINANCIAL RISK MANAGEMENT (Contiued)
c. Risiko Likuiditas (Lanjutan) c. Liquidity Risk (Continued)
Utang usaha - Pihak Trade payables -ketiga Third parties
Utang non-usaha Non-trade payablesPihak berelasi Related partiesPihak ketiga Third parties
Beban akrual AccrualsLiabilitas sewa Finance lease
pembiayaan liabilitiesUtang pembelian Liabilities on purchase
kendaraan of vehicles
Jumlah T o t a l
Estimasi Nilai Wajar Instrumen Keuangan Fair Value of Financial Instruments Estimation
d. Risiko Permodalan d. Capital Risk
PSAK 60, “Instrumen Keuangan: Pengungkapan” mensyaratkanpengungkapan atas pengukuran nilai wajar dengan tingkathirarki nilai wajar sebagai berikut:
PSAK 60, “Financial Instruments: Disclosures” requires disclosures of fair value measurements by level of the following fair value measurement hierarchy:
Pengukuran nilai wajar Tingkat 1 yang diperoleh dari hargakuotasian (tidak disesuaikan) dalam pasar aktif untuk aset danliabilitas yang identik;
Level 1 fair value measurements are those derived from quotedprices (unadjusted) in active markets for identical assets or liabilities;
Pengukuran nilai wajar Tingkat 2 yang diperoleh dari input selaindari harga kuotasian yang termasuk dalam Tingkat 1 yang dapatdiobservasi untuk aset dan liabilitas, baik secara langsung(misalnya harga) atau secara tidak langsung (misalnya derivasiharga); dan
Level 2 fair value measurements are those derived from inputs otherthan quoted prices included within Level 1 that are observable for theasset or liability, either directly (i.e. as prices) or indirectly (i.e.derived from prices); and
Pengukuran nilai wajar Tingkat 3 yang diperoleh dari teknik penilaianyang memasukkan input untuk aset dan liabilitas yang bukanberdasarkan data pasar yang dapat diobservasi (input yang tidakdapat diobservasi).
Level 3 fair value measurements are those derived from valuationtechniques that include inputs for the asset or liability that are notbased on observable market data (unobservable inputs).
Dalam mengelola permodalannya, Perusahaan dan entitasanaknya senantiasa mempertahankan kelangsungan usaha sertamemaksimalkan manfaat bagi pemegang saham dan pemangkukepentingan lainnya.
In managing capital, the Company and its subsidiaries safeguard itsability to continue as a going concern and to maximize benefits to theshareholders and other stakeholders.
374,841,000 347,456,000 - 722,297,000
75,455,894,226 90,269,803,011 56,859,494,556 222,585,191,793
Nilai wajar aset dan liabilitas keuangan diestimasi untuk keperluanpengakuan dan pengukuran atau untuk keperluan pengungkapan.
The fair value of financial assets and liabilities must be estimated for recognition and measurement or for disclosure purpose.
10,000,000,000 63,049,195 - 10,063,049,195 12,590,756,180 49,701,290,960 - 62,292,047,140
1,295,490,385 - - 1,295,490,385
49,735,488,164 40,158,006,856 56,859,494,556 146,752,989,576
Kurang dari 1tahun/ Less than 1 year 1-2 tahun/
1-2 year
Lebih dari 3 tahun/ More than 3 years Jumlah/ Total
1,459,318,497 - - 1,459,318,497
50
These Consolidated Financial Statement are Originally Issuedin Indonesian Language
(Expressed in Rupiah, unless otherwise stated)
AND FOR THE THREE MONTHS PERIOD
PT MULTI AGRO GEMILANG PLANTATION Tbk. PT MULTI AGRO GEMILANG PLANTATION Tbk.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
DAN UNTUK PERIODE TIGA BULAN BERAKHIR
(Dinyatakan dalam rupiah, kecuali dinyatakan lain)
DAN ENTITAS ANAKNYANOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AND ITS SUBSIDIARIES
Eksibit E Exhibit E
PER 31 MARET 2015
PADA TANGGAL TERSEBUT
AS OF MARCH 31, 2015
THEN ENDED
27. MANAJEMEN RISIKO KEUANGAN (Lanjutan) 27. FINANCIAL RISK MANAGEMENT (Contiued)
d. Risiko Permodalan (Lanjutan) d. Capital Risk (Continued)
Pinjaman DebtsKas dan bank dan aset keuangan Cash on hand and cash in banks and
jangka pendek lainnya other current financial assetPinjaman - bersih Net debtEkuitas EquityRasio pinjaman - bersih
terhadap modal Net debt to equity
28. PENYELESAIAN LAPORAN KEUANGAN KONSOLIDASIAN 28. COMPLETION OF CONSOLIDATED FINANCIAL STATEMENTS
(1,763,740,785) (501,615,326) 136,102,869,921 133,033,016,923 921,206,265,911 917,436,767,994
14.77% 14.50%
Manajemen Perusahaan dan entitas anaknya bertanggung jawab ataspenyusunan laporan keuangan konsolidasian ini yang telah diselesaikanpada tanggal 26 Juni 2015.
The management of the Company and subsidiaries are responsible forthe preparation of these Consolidation Financial Statements thatwere completed on June 26, 2015.
Perusahaan dan entitas anaknya secara aktif dan rutin menelaahdan mengelola permodalannya untuk memastikan struktur modaldan pengembalian yang optimal bagi pemegang saham, denganmempertimbangkan efisiensi penggunaan modal berdasarkan aruskas operasi dan belanja modal, serta mempertimbangkan kebutuhanmodal di masa yang akan datang.
The Company and its subsidiaries actively and regularly reviews and manages its capital to ensure the optimal capital structure andreturn to the shareholders, taking into the consideration the efficiencyof capital use based on operating cash flows and capital expendituresand also consideration of future capital needs.
Gearing ratio pada tanggal 31 Maret 2015 dan 31 Desember 2014adalah sebagai berikut:
The gearing ratio as of 31 March 2015 and 31 December 2014 are as follows:
137,866,610,706 133,534,632,249
31 Maret 2015/ March 31, 2015
31 Desember 2014/ December 31, 2014
51