PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 Juni 2015 dan 31 Desember 2014 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position June 30, 2015 and December 31, 2014 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2015/ June 30, 2015
31 Desember 2014/ December 31, 2014
ASET ASET LANCAR Kas dan setara kas Piutang usaha Pihak berelasi Pihak ketiga Piutang lain-lain - pihak ketiga Persediaan Pajak dibayar di muka - bersih Biaya dibayar di muka dan aset lancar lainnya
ASSETS
3,156,849
1,883,358
CURRENT ASSETS Cash and cash equivalents Trade accounts receivable Related parties Third parties Other receivables - third parties Inventories Prepaid taxes - net Prepaid expenses and other current assets
11,342,087
9,756,899
TOTAL CURRENT ASSETS
14,960 776 53,727
11,300 544 57,081
1,233,531 54,114
1,243,208 77,684
10,221,708 22,232
8,946,899 22,232
454,243 36,831 16,111 2,716 439,777
746,940 37,674 17,714 7,265 367,553
JUMLAH ASET TIDAK LANCAR
12,550,726
11,536,094
TOTAL NON CURRENT ASSETS
JUMLAH ASET
23,892,813
21,292,993
TOTAL ASSETS
JUMLAH ASET LANCAR ASET TIDAK LANCAR Piutang dari pihak berelasi non-usaha Aset pajak tangguhan Investasi saham Tanaman perkebunan Tanaman telah menghasilkan setelah dikurangi akumulasi amortisasi sebesar Rp 824.775 dan Rp 790.094 masing-masing pada tanggal 30 Juni 2015 dan 31 Desember 2014 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 3.141.160 dan Rp 2.859.337 masing-masing pada tanggal 30 Juni 2015 dan 31 Desember 2014 Aset takberwujud - Goodwill Aset lain-lain Taksiran tagihan pajak Biaya tangguhan hak atas tanah - bersih Bibitan Biaya tangguhan lain-lain - bersih Lain-lain
521,668
1,617,503
2,039,338 544,596 170,209 3,870,268 1,039,159
1,274,161 589,540 136,584 3,848,027 407,726
-1-
NON CURRENT ASSETS Due from related parties Deferred tax assets Investments in shares of stock Plantations Mature plantations net of accumulated amortization of Rp 824,775 and Rp 790,094 as of June 30, 2015 and December 31, 2014, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 3,141,160 and Rp 2,859,337 as of June 30, 2015 and December 31, 2014, respectively Intangible assets - Goodwill Other assets Estimated claims for tax refund Deferred landrights - net Nursery Other deferred charges - net Others
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 Juni 2015 dan 31 Desember 2014 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position June 30, 2015 and December 31, 2014 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2015/ June 30, 2015
31 Desember 2014/ December 31, 2014
LIABILITAS DAN EKUITAS
LIABILITIES AND EQUITY
LIABILITAS LIABILITAS JANGKA PENDEK Utang bank jangka pendek Utang usaha Pihak berelasi Pihak ketiga Utang lain-lain - pihak ketiga Uang muka pelanggan - pihak ketiga Beban akrual Utang pajak Bagian utang bank jangka panjang yang akan jatuh tempo dalam waktu satu tahun
LIABILITIES CURRENT LIABILITIES Short-term bank loans Trade accounts payable Related parties Third parties Other accounts payable - third parties Advances from customers - third parties Accrued expenses Taxes payable Current portion of long-term bank loans
JUMLAH LIABILITAS JANGKA PENDEK LIABILITAS JANGKA PANJANG Liabilitas pajak tangguhan - bersih Liabilitas imbalan pasca-kerja Utang bank jangka panjang setelah dikurangi bagian yang akan jatuh tempo dalam waktu satu tahun Utang kepada pihak berelasi non-usaha Utang obligasi Liabilitas jangka panjang lainnya JUMLAH LIABILITAS JANGKA PANJANG JUMLAH LIABILITAS
4,859,954
6,431,521
835,214 2,353,471 394,007 63,495 363,125 72,518
526,215 989,462 247,576 93,864 331,264 112,850
119,555
264,179
9,061,339
8,996,931
434,991 412,886
427,844 412,886
138,304 3,473,938 997,627 1,466,863
184,783 1,659,438 997,138 667,831
Long-term bank loans net of current portion Due to related parties Bonds payable Other non current liabilities
6,924,609
4,349,920
TOTAL NON CURRENT LIABILITIES
15,985,948
13,346,851
TOTAL CURRENT LIABILITIES NON CURRENT LIABILITIES Deferred tax liabilities - net Post-employment benefits liabilities
TOTAL LIABILITIES
EKUITAS
EQUITY
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk Modal saham Nilai nominal Rp 200 per saham (Dalam Rupiah penuh) Modal dasar - 5.000.000.000 saham Modal ditempatkan dan disetor penuh 2.872.193.366 saham Tambahan modal disetor Saldo laba Telah ditentukan penggunaannya Belum ditentukan penggunaannya Komponen ekuitas lainnya
574,439 1,756,876
574,439 1,756,876
114,888 5,202,869 251,453
114,888 5,261,763 232,412
Equity Attributable to Owners of the Company Capital stock Rp 200 par value per share (In full Rupiah) Authorized - 5,000,000,000 shares Issued and fully paid 2,872,193,366 shares Additional paid-in capital Retained earnings Appropriated Unappropriated Other components of equity
Jumlah Kepentingan Nonpengendali
7,900,525 6,340
7,940,378 5,764
Total Non-controlling Interests
JUMLAH EKUITAS
7,906,865
7,946,142
TOTAL EQUITY
23,892,813
21,292,993
JUMLAH LIABILITAS DAN EKUITAS
-2-
TOTAL LIABILITIES AND EQUITY
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Laba Rugi Komprehensif Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2015 dan 2014 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
30 Juni 2015/ June 30, 2015
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Comprehensive Income For the Six-Month Periods Ended June 30, 2015 and 2014 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2014/ June 30, 2014
PENJUALAN BERSIH
18,267,374
17,429,173
NET SALES
BEBAN POKOK PENJUALAN
16,311,454
14,971,855
COST OF GOODS SOLD
1,955,920
2,457,318
624,879 681,921
774,890 517,248
1,306,800
1,292,138
Total Operating Expenses
649,120
1,165,180
INCOME FROM OPERATIONS
9,950
9,386
LABA KOTOR BEBAN USAHA Penjualan Umum dan administrasi Jumlah Beban Usaha LABA USAHA PENGHASILAN (BEBAN) LAIN-LAIN Pendapatan bunga Ekuitas pada rugi bersih entitas asosiasi - bersih Beban bunga dan keuangan lainnya Laba (rugi) selisih kurs - bersih Lain-lain - bersih
(3,354) (180,954) (537,739) 104,132
(4,535) (180,542) 199,900 102,895
Penghasilan (Beban) Lain-lain - Bersih
(607,965)
127,104
GROSS PROFIT OPERATING EXPENSES Selling General and administrative
OTHER INCOME (EXPENSES) Interest income Share in net losses of associates - net Interest and other financial charges Gain (loss) on foreign exchange - net Miscellaneous - net Other Income (Expenses) - Net
LABA SEBELUM PAJAK
41,155
1,292,284
BEBAN PAJAK Kini Tangguhan
64,193 6,750
323,114 8,549
TAX EXPENSE Current Deferred
Jumlah Beban Pajak
70,943
331,663
Total Tax Expense
(29,788)
960,621
NET INCOME (LOSS) FOR THE PERIOD
19,233
(10,844)
OTHER COMPREHENSIVE INCOME (EXPENSE) Exchange differences on translation of financial statements
JUMLAH LABA (RUGI) KOMPREHENSIF
(10,555)
949,777
TOTAL COMPREHENSIVE INCOME (EXPENSE)
Laba (rugi) bersih yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
(30,172) 384
960,696 (75)
Net income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
(29,788)
960,621
Total
LABA (RUGI) BERSIH PERIODE BERJALAN PENDAPATAN (BEBAN) KOMPREHENSIF LAIN Selisih kurs atas penjabaran laporan keuangan
INCOME BEFORE TAX
Laba (rugi) komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
(11,131) 576
949,961 (184)
Comprehensive income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
(10,555)
949,777
Total
(11)
334
LABA (RUGI) PER SAHAM DASAR (Dalam Rupiah penuh)
-3-
BASIC EARNINGS (LOSS) PER SHARE (In full Rupiah)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Perubahan Ekuitas Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2015 dan 2014 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Changes in Equity For the Six-Month Periods Ended June 30, 2015 and 2014 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Company Komponen Tambahan Ekuitas Modal Saldo Laba/Retained Earnings Disetor/ Lainnya/ Additional Other Telah Ditentukan Belum Ditentukan Components of Modal Saham/ Paid-in Penggunaannya/ Penggunaannya/ Jumlah/ Capital Stock Capital Appropriated Unappropriated Equity Total Saldo pada tanggal 1 Januari 2014
5,735
6,484,901
1,756,876
114,888
3,801,597
-
-
-
960,696
Saldo pada tanggal 30 Juni 2014
574,439
1,756,876
114,888
4,762,293
220,631
7,429,127
5,551
7,434,678
Balance as of June 30, 2014
Saldo pada tanggal 1 Januari 2015
574,439
1,756,876
114,888
5,261,763
232,412
7,940,378
5,764
7,946,142
Balance as of January 1, 2015
-
-
-
(28,722)
-
(28,722)
-
(28,722)
-
-
-
(30,172)
19,041
(11,131)
576
(10,555)
574,439
1,756,876
114,888
Dividen Jumlah laba (rugi) komprehensif periode berjalan Saldo pada tanggal 30 Juni 2015
5,202,869
-4-
(10,735)
251,453
6,479,166
Jumlah Ekuitas/ Total Equity
574,439
Jumlah laba (rugi) komprehensif periode berjalan
231,366
Kepentingan Nonpengendali/ Non-controlling Interests
949,961
7,900,525
(184)
6,340
949,777
7,906,865
Balance as of January 1, 2014 Total comprehensive income (loss) for the period
Dividends Total comprehensive income (loss) for the period Balance as of June 30, 2015
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2015 dan 2014 (Disajikan dalam Jutaan Rupiah, kecuali dinyatakan lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Cash Flows For the Six-Month Periods Ended June 30, 2015 and 2014 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2015/ June 30, 2015
30 Juni 2014/ June 30, 2014
ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Pembayaran kas untuk pemasok Kas bersih yang diperoleh dari operasi Pembayaran untuk aktivitas operasional lainnya - bersih Pendapatan bunga Pembayaran beban bunga Penerimaan tagihan pajak Pembayaran pajak ekspor Pembayaran pajak penghasilan badan Kas Bersih Diperoleh dari Aktivitas Operasi ARUS KAS DARI AKTIVITAS INVESTASI Perolehan tanaman perkebunan Aset tetap Perolehan Hasil penjualan Bibitan Pembelian Penjualan Penambahan biaya hak atas tanah Penambahan uang muka proyek Piutang perkebunan plasma Penambahan Pengembalian Penambahan biaya pembukaan lahan Penambahan uang muka investasi Kas Bersih Digunakan untuk Aktivitas Investasi ARUS KAS DARI AKTIVITAS PENDANAAN Utang bank jangka pendek Penerimaan Pembayaran Pembayaran utang bank jangka panjang Utang kepada pihak berelasi non-usaha Penambahan Pembayaran Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Pendanaan KENAIKAN (PENURUNAN) BERSIH KAS DAN SETARA KAS
CASH FLOWS FROM OPERATING ACTIVITIES 18,143,800 (14,932,155)
17,983,763 (13,980,633)
Cash receipts from customers Cash paid to suppliers
3,211,645
4,003,130
(2,475,011) 14,814 (213,811) 398,985 (31,057) (112,527)
(1,684,050) 18,408 (163,717) 128,233 (372,738) (303,857)
Payments of other operating activities - net Interest received Payments of interest Proceeds from claims for tax refund Payments of export tax Payments of corporate income taxes
1,625,409
Net Cash Provided by Operating Activities
793,038
(13,382)
(9,039)
(1,282,034) 8,199
(527,966) 10,928
(10,322) 8,042 (169,980)
(9,190) 1,458 (88) (335,144)
(17,353) 4,626 (5,829) -
(63,853) 55,805 (7,789) (863)
(1,478,033)
(885,741)
10,816,222 (12,681,446) (211,655)
10,262,364 (8,065,529) (106,265)
6,144,563 (4,493,795)
1,481,716 (3,269,644)
(426,111)
302,642
(1,111,106)
1,042,310
KAS DAN SETARA KAS AWAL PERIODE
1,617,503
Pengaruh perubahan kurs mata uang asing
15,271
KAS DAN SETARA KAS AKHIR PERIODE
521,668
409,488 (2,898)
1,448,900
-5-
Net cash generated from operations
CASH FLOWS FROM INVESTING ACTIVITIES Acquisitions of plantations Fixed assets Acquisition Proceeds from sale Nursery Purchases Sales Additional landrights cost Additional advances for projects Plasma plantation projects Additional Collections Additional land preparation costs Additional advances for investments Net Cash Used in Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Payments of long-term bank loans Due to related parties Additions Payments Net Cash Provided by (Used in) Financing Activities NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
