PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 Juni 2016 dan 31 Desember 2015 (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, 2016 and December 31, 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2016/ June 30, 2016
31 Desember 2015/ December 31, 2015
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 JUMLAH ASET LANCAR ASET TIDAK LANCAR Piutang dari pihak berelasi non-usaha Aset pajak tangguhan Investasi dalam saham dan uang muka investasi Tanaman perkebunan Tanaman telah menghasilkan setelah dikurangi akumulasi amortisasi sebesar Rp 915.530 dan Rp 868.160 masing-masing pada tanggal 30 Juni 2016 dan 31 Desember 2015 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 3.638.691 dan Rp 3.411.308 masing-masing pada tanggal 30 Juni 2016 dan 31 Desember 2015 Aset takberwujud Goodwill Aset lain-lain Taksiran tagihan pajak Biaya tangguhan hak atas tanah - bersih Bibitan Biaya tangguhan lain-lain - bersih Lain-lain
ASSETS
664.783
1.549.281
1.781.155 647.956 156.872 3.589.464 1.254.693
2.425.379 474.283 123.850 3.389.788 1.642.951
3.056.886
1.074.613
11.151.809
10.680.145
148.808 1.460.773 44.747
70.064 999 47.393
1.189.450 31.057
1.190.146 66.561
11.093.949
10.736.651
22.232
22.232
559.554 36.272 11.609 256 353.654
675.038 35.989 11.964 5.796 414.037
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 TOTAL CURRENT ASSETS NON CURRENT ASSETS Due from related parties Deferred tax assets Investments in shares of stock and advances Plantations Mature plantations net of accumulated amortization of Rp 915,530 dan Rp 868,160 as of June 30, 2016 and December 31, 2015, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 3,638,691 dan Rp 3,411,308 as of June 30, 2016 and December 31, 2015, respectively Intangible assets Goodwill Other assets Estimated claims for tax refund Deferred landrights - net Nursery Other deferred charges - net Others
JUMLAH ASET TIDAK LANCAR
14.952.361
13.276.870
TOTAL NON CURRENT ASSETS
JUMLAH ASET
26.104.170
23.957.015
TOTAL ASSETS
-1-
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 Juni 2016 dan 31 Desember 2015 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
30 Juni 2016/ June 30, 2016
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position June 30, 2016 and December 31, 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
31 Desember 2015/ December 31, 2015
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
5.996.808
7.565.380
431.380 854.468 1.021.529 151.024 345.020 108.034
602.085 815.387 402.317 121.157 181.357 61.739
179.707
147.766
9.087.970
9.897.188
TOTAL CURRENT LIABILITIES
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
190.686 537.786
457.197 407.596
5.107.974 32.438 998.675 395.276
1.891.684 1.284.993 998.139 1.397.448
Long-term bank loans net of current portion Due to related parties Bonds payable Other non current liabilities
JUMLAH LIABILITAS JANGKA PANJANG
7.262.835
6.437.057
TOTAL NON CURRENT LIABILITIES
16.350.805
16.334.245
JUMLAH LIABILITAS
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 7.047.159 253.342
114.888 4.901.262 268.471
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
9.746.704 6.661
7.615.936 6.834
Total Non-controlling Interests
JUMLAH EKUITAS
9.753.365
7.622.770
TOTAL EQUITY
26.104.170
23.957.015
JUMLAH LIABILITAS DAN EKUITAS
-2-
TOTAL LIABILITIES AND EQUITY
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2016 dan 2015 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Profit or Loss and Other Comprehensive Income For the Six-Month Periods Ended June 30, 2016 and 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
Disajikan Kembali As Restated 30 Juni 2015/ June 30, 2015
30 Juni 2016/ June 30, 2016 PENJUALAN BERSIH
14,181,907
18,267,374
NET SALES
BEBAN POKOK PENJUALAN
12,173,298
16,311,454
COST OF GOODS SOLD
2,008,609
1,955,920
808,484 759,605
624,879 729,217
1,568,089
1,354,096
440,520
601,824
LABA KOTOR BEBAN USAHA Penjualan Umum dan administrasi Jumlah Beban Usaha LABA USAHA
GROSS PROFIT OPERATING EXPENSES Selling General and administrative Total Operating Expenses PROFIT FROM OPERATIONS
PENGHASILAN (BEBAN) LAIN-LAIN Laba (rugi) selisih kurs - bersih Pendapatan bunga Ekuitas pada rugi bersih entitas asosiasi - bersih Beban bunga dan keuangan lainnya Lain-lain - bersih
494,933 72,568
(537,739) 9,950
OTHER INCOME (EXPENSES) Gain (loss) on foreign exchange - net Interest income
(3,521) (234,457) 21,087
(3,354) (180,954) 104,132
Share in net losses of associates - net Interest and other financial charges Miscellaneous - net
Penghasilan (Beban) Lain-lain - Bersih
350,610
(607,965)
Other Income (Expenses) - Net
LABA (RUGI) SEBELUM PAJAK
791,130
(6,141)
PROFIT (LOSS) BEFORE TAX
BEBAN (PENGHASILAN) PAJAK Final Kini Tangguhan
215,088 66,646 (1,703,724)
64,193 (5,074)
TAX EXPENSE (BENEFIT) Final Current Deferred
Jumlah Beban (Penghasilan) Pajak
(1,421,990)
59,119
Total Tax Expense (Benefit)
2,213,120
(65,260)
LABA (RUGI) BERSIH PERIODE BERJALAN
(89,657)
34,836
22,414
(8,709)
OTHER COMPREHENSIVE INCOME (LOSS) Items that will not be reclassified subsequently to profit or loss: Remeasurement of post-employment benefits liabilities Tax relating to items that will not be reclassified
(15,282)
19,233
Item that will be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements
(82,525)
45,360
PENGHASILAN (RUGI) KOMPREHENSIF LAIN Pos yang tidak akan direklasifikasi ke laba rugi: Pengukuran kembali liabilitas imbalan pasca-kerja Pajak sehubungan dengan pos yang tidak akan direklasifikasi Pos yang akan direklasifikasi ke laba rugi: Selisih kurs atas penjabaran laporan keuangan
NET PROFIT (LOSS) FOR THE PERIOD
JUMLAH PENGHASILAN (RUGI) KOMPREHENSIF
2,130,595
(19,900)
TOTAL COMPREHENSIVE INCOME (LOSS)
Jumlah laba (rugi) bersih yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
2,213,121 (1)
(65,632) 372
Total net profit (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
2,213,120
(65,260)
Total
Jumlah penghasilan (rugi) komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
2,130,768 (173)
(20,483) 583
Total comprehensive income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
2,130,595
(19,900)
Total
771
(23)
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 2016 dan 2015 (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, 2016 and 2015 (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 Disetor/ Lainnya/ Saldo Laba/Retained Earnings 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 2015
574,439
1,756,876
114,888
5,247,116
232,412
7,925,731
Kepentingan Nonpengendali/ Non-controlling Interests 5,758
Jumlah Ekuitas/ Total Equity 7,931,489
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Balance as of January 1, 2015 Comprehensive income (loss):
-
-
-
(65,632)
-
(65,632)
372
(65,260)
Penghasilan komprehensif lain:
Net profit (loss) for the period Other comprehensive income:
Pengukuran kembali liabilitas imbalan pasca-kerja
-
-
-
26,108
-
26,108
19
26,127
Remeasurement of post-employment benefits liabilities
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
19,041
19,041
192
19,233
Exchange differences on translation of financial statements
Jumlah penghasilan (rugi) komprehensif
-
-
-
Saldo pada tanggal 30 Juni 2015
574,439
1,756,876
114,888
5,207,592
(39,524)
251,453
19,041
7,905,248
(20,483)
6,341
583
7,911,589
(19,900)
Balance as of June 30, 2015
Saldo pada tanggal 1 Januari 2016
574,439
1,756,876
114,888
4,901,262
268,471
7,615,936
6,834
7,622,770
Balance as of January 1, 2016
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Comprehensive income (loss): -
-
-
2,213,121
-
2,213,121
(1)
2,213,120
Rugi komprehensif lain: -
-
-
Selisih kurs atas penjabaran laporan keuangan
-
-
-
Saldo pada tanggal 30 Juni 2016
Net profit (loss) for the period Other comprehensive loss:
Pengukuran kembali liabilitas imbalan pasca-kerja
Jumlah penghasilan (rugi) komprehensif
Total comprehensive income (loss)
(67,224)
-
-
(15,129)
(67,224)
(19)
(67,243)
Remeasurement of post-employment benefits liabilities
(15,129)
(153)
(15,282)
Exchange differences on translation of financial statements
-
-
-
2,145,897
(15,129)
2,130,768
574,439
1,756,876
114,888
7,047,159
253,342
9,746,704
-4-
(173) 6,661
2,130,595
Total comprehensive income (loss)
9,753,365
Balance as of June 30, 2016
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2016 dan 2015 (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, 2016 and 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2016/ June 30, 2016 ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Pembayaran kas untuk pemasok Kas bersih yang diperoleh dari operasi
30 Juni 2015/ June 30, 2015
13,733,716 (13,111,059) 622,657
Pembayaran untuk aktivitas operasional lainnya - bersih Pendapatan bunga Pembayaran beban bunga Penerimaan tagihan pajak Pembayaran bea keluar dan pungutan Pembayaran pajak penghasilan badan
(1,216,905) 69,790 (232,960) 114,552 (367,303) (48,273)
Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Operasi
(1,058,442)
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 Uang muka perkebunan plasma Penambahan Pengembalian Penambahan biaya pembukaan lahan Penambahan uang muka investasi dalam saham Kas Bersih Digunakan untuk Aktivitas Investasi ARUS KAS DARI AKTIVITAS PENDANAAN Utang bank jangka pendek Penerimaan Pembayaran Utang bank jangka panjang Penerimaan Pembayaran Utang kepada pihak berelasi non-usaha Penambahan Pembayaran Kas Bersih Diperoleh dari (Digunakan) untuk Aktivitas Pendanaan PENURUNAN BERSIH KAS DAN SETARA KAS
KAS DAN SETARA KAS AWAL PERIODE
18,143,800 (14,932,155) 3,211,645 (2,475,011) 14,814 (213,811) 398,985 (31,057) (112,527) 793,038
(6,232)
(13,382)
(738,190) 13,076
(1,282,034) 8,199
(1,292) 307 (1,156) (2,573)
(10,322) 8,042 (169,980)
(13,216) 7,562 (335) (875)
(17,353) 4,626 (5,829) -
(742,924)
(1,478,033)
11,170,440 (12,425,932)
10,816,222 (12,681,446)
3,503,500 (52,840)
(211,655)
(1,258,214)
6,144,563 (4,493,795)
936,954 (864,412)
1,549,281
(426,111) (1,111,106)
1,617,503
Pengaruh perubahan kurs mata uang asing
(20,086)
15,271
KAS DAN SETARA KAS AKHIR PERIODE
664,783
521,668
-5-
CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from customers Cash paid to suppliers Net cash generated from operations Payments of other operating activities - net Interest received Payments of interest Proceeds from claims for tax refund Payments of export tax and levy Payments of corporate income taxes Net Cash Provided by (Used in) Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of plantations Fixed assets Acquisition Proceeds from sale Nursery Purchases Sales Additional landrights cost Additional advances for projects Plasma plantation projects Addition Collections Additional land preparation costs Additional advances in shares of stock Net Cash Used in Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Long-term bank loans Proceeds Payments Due to related parties Addition Payments Net Cash Provided by (Used in) Financing Activities NET 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
