PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 Juni 2017 dan 31 Desember 2016 (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, 2017 and December 31, 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2017/ June 30, 2017
31 Desember 2016/ December 31, 2016
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 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
902,072
350,467
2,080,459 991,354 171,706 4,123,856 317,561 1,672,699
2,280,771 767,434 155,744 4,387,631 1,162,745 2,141,794
10,259,707
11,246,586
139,602 1,290,686 45,295
20,847 1,365,565 46,277
1,129,314 17,788
1,145,193 41,612
11,197,179 22,232
11,165,271 22,232
888,395 34,530 16,483 1,139 368,846
652,083 35,401 12,149 3,441 384,753
JUMLAH ASET TIDAK LANCAR
15,151,489
14,894,824
TOTAL NON CURRENT ASSETS
JUMLAH ASET
25,411,196
26,141,410
TOTAL ASSETS
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 1.004.971 dan Rp 959.786 masing-masing pada tanggal 30 Juni 2017 dan Desember 2016 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 4.262.766 dan Rp 3.952.720 masing-masing pada tanggal 30 Juni 2017 dan 31 Desember 2016 Goodwill Aset lain-lain Taksiran tagihan pajak Biaya tangguhan hak atas tanah - bersih Bibitan Biaya tangguhan lain-lain - bersih Lain-lain
-1-
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 1,004,971 and Rp 959,786 as of June 30, 2017 and December 31, 2016, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 4,262,766 and Rp 3,952,720 as of June 30, 2017 and December 31, 2016, respectively 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 2017 dan 31 Desember 2016 (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, 2017 and December 31, 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2017/ June 30, 2017
31 Desember 2016/ December 31, 2016
LIABILITAS DAN EKUITAS
LIABILITIES AND EQUITY
LIABILITAS
LIABILITIES
LIABILITAS JANGKA PENDEK Utang bank jangka pendek Utang usaha Pihak berelasi Pihak ketiga Utang lain-lain - pihak ketiga Uang muka pelanggan Pihak berelasi Pihak ketiga Beban akrual Utang pajak Bagian liabilitas jangka panjang yang akan jatuh tempo dalam waktu satu tahun Utang obligasi Utang bank jangka panjang 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 - setelah dikurangi bagian yang akan jatuh tempo dalam waktu satu tahun Liabilitas jangka panjang lainnya JUMLAH LIABILITAS JANGKA PANJANG JUMLAH LIABILITAS
3,755,958
4,230,897
585,864 609,806 985,455
733,391 581,980 1,188,597
266,202 373,127 70,640
202 113,619 268,309 24,745
CURRENT LIABILITIES Short-term bank loans Trade accounts payable Related parties Third parties Other accounts payable - third parties Advances from customers Related party Third parties Accrued expenses Taxes payable
404,467
899,453 315,614
Current portion of long-term liabilities Bonds payable Long-term bank loans
7,051,519
8,356,807
208,737 596,348
220,205 490,861
6,823,789 28,230
6,316,046 418,638
99,823 33,029
99,783 39,635
Bonds payable - net of current portion Other non current liabilities
7,789,956
7,585,168
TOTAL NON CURRENT LIABILITIES
14,841,475
15,941,975
TOTAL CURRENT LIABILITIES NON CURRENT LIABILITIES Deferred tax liabilities - net Post-employment benefits liabilities
Long-term bank loans - net of current portion Due to related parties
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
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
574,439 1,756,876
574,439 1,756,876
114,888 7,864,164 254,029
114,888 7,492,203 255,702
Jumlah Kepentingan Nonpengendali
10,564,396 5,325
10,194,108 5,327
Total Non-controlling Interests
JUMLAH EKUITAS
10,569,721
10,199,435
TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS
25,411,196
26,141,410
TOTAL LIABILITIES AND EQUITY
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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 2017 dan 2016 (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, 2017 and 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2017/ June 30, 2017
30 Juni 2016/ June 30, 2016
PENJUALAN BERSIH
17,399,056
14,181,907
NET SALES
BEBAN POKOK PENJUALAN
15,331,190
12,173,298
COST OF GOODS SOLD
2,067,866
2,008,609
736,519 617,644
808,484 759,605
1,354,163
1,568,089
713,703
440,520
81,774 50,587 (3,082) (241,491) 64,651
494,933 72,568 (3,521) (234,457) 21,087
Penghasilan (Beban) Lain-lain - Bersih
(47,561)
350,610
Other Income (Expenses) - Net
LABA SEBELUM PAJAK
666,142
791,130
PROFIT BEFORE TAX
PENGHASILAN (BEBAN) PAJAK Kini Tangguhan Final
(98,710) (78,505) -
(66,646) 1,703,724 (215,088)
TAX BENEFIT (EXPENSE) Current Deferred Final
Jumlah Penghasilan (Beban) Pajak
(177,215)
1,421,990
Total Tax Benefit (Expense)
488,927
2,213,120
NET PROFIT FOR THE PERIOD
LABA KOTOR BEBAN USAHA Penjualan Umum dan administrasi Jumlah Beban Usaha LABA USAHA PENGHASILAN (BEBAN) LAIN-LAIN Laba selisih kurs - bersih Pendapatan bunga Ekuitas pada rugi bersih entitas asosiasi - bersih Beban bunga dan keuangan lainnya Lain-lain - bersih
LABA BERSIH PERIODE BERJALAN 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 ke laba rugi Pos yang akan direklasifikasi ke laba rugi: Selisih kurs atas penjabaran laporan keuangan
(60,196)
(89,657)
15,049
22,414
(1,689)
GROSS PROFIT OPERATING EXPENSES Selling General and administrative Total Operating Expenses PROFIT FROM OPERATIONS OTHER INCOME (EXPENSES) Gain on foreign exchange - net Interest income Share in net losses of associates - net Interest and other financial charges Miscellaneous - net
OTHER COMPREHENSIVE 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 subsequently to profit or loss
(15,282)
Item that will be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements
(82,525)
Other Comprehensive Loss - Net
Rugi Komprehensif Lain - Bersih
(46,836)
JUMLAH PENGHASILAN KOMPREHENSIF
442,091
2,130,595
TOTAL COMPREHENSIVE INCOME
Jumlah laba (rugi) bersih yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
488,900 27
2,213,121 (1)
Total net profit (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
488,927
2,213,120
Total
Jumlah penghasilan (rugi) komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
442,093 (2)
2,130,768 (173)
Total comprehensive income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
442,091
2,130,595
Total
170
771
LABA PER SAHAM DASAR (Dalam Rupiah penuh)
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BASIC EARNINGS 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 2017 dan 2016 (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, 2017 and 2016 (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 2016
574,439
1,756,876
114,888
4,901,262
268,471
7,615,936
-
-
-
2,213,121
-
2,213,121
Pengukuran kembali liabilitas imbalan pasca-kerja - bersih
-
-
-
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
(15,129)
Jumlah penghasilan (rugi) komprehensif
-
-
-
2,145,897
(15,129)
Kepentingan Nonpengendali/ Non-controlling Interests 6,834
Jumlah Ekuitas/ Total Equity 7,622,770
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Comprehensive income (loss): (1)
2,213,120
Rugi komprehensif lain: -
(67,224) (15,129) 2,130,768
(19) (153) (173)
(67,243) (15,282) 2,130,595
574,439
1,756,876
114,888
7,047,159
253,342
9,746,704
6,661
9,753,365
Saldo pada tanggal 1 Januari 2017
574,439
1,756,876
114,888
7,492,203
255,702
10,194,108
5,327
10,199,435
-
-
-
488,900
-
488,900
27
488,927
Pengukuran kembali liabilitas imbalan pasca-kerja - bersih
-
-
-
(45,134)
-
(45,134)
(13)
(45,147)
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
(1,673)
(1,673)
(16)
Jumlah penghasilan (rugi) komprehensif
-
-
-
443,766
(1,673)
Penghasilan (rugi) komprehensif:
Saldo pada tanggal 30 Juni 2017
Remeasurement of post-employment benefits liabilities - net Exchange differences on translation of financial statements Total comprehensive income (loss) Balance as of June 30, 2016 Balance as of January 1, 2017 Comprehensive income (loss):
Rugi komprehensif lain:
Dividen
Net profit (loss) for the period Other comprehensive loss:
(67,224)
Saldo pada tanggal 30 Juni 2016
Laba bersih periode berjalan
Balance as of January 1, 2016
Net profit for the period Other comprehensive loss:
-
-
-
574,439
1,756,876
114,888
(71,805)
-
7,864,164
254,029
-4-
442,093 (71,805) 10,564,396
(2) 5,325
(1,689) 442,091 (71,805) 10,569,721
Remeasurement of post-employment benefits liabilities - net Exchange differences on translation of financial statements Total comprehensive income (loss) Dividends Balance as of June 30, 2017
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Enam Bulan yang Berakhir 30 Juni 2017 dan 2016 (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, 2017 and 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 Juni 2017/ June 30, 2017 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 bea keluar dan pungutan Pembayaran pajak penghasilan badan Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Operasi ARUS KAS DARI AKTIVITAS INVESTAS 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 persiapan lahan Penambahan uang muka investasi dalam saham Penambahan biaya pengembangan piranti lunak Kas Bersih Digunakan untuk Aktivitas Investasi ARUS KAS DARI AKTIVITAS PENDANAAN Utang bank jangka pendek Penerimaan Pembayaran Utang bank jangka panjang Penerimaan Pembayaran Utang obligasi Pembayaran Utang kepada pihak berelasi non-usaha Penambahan Pembayaran Pembayaran dividen Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Pendanaan
17,527,829 (13,147,301) 4,380,528
622,657
CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from customers Cash paid to suppliers Net cash generated from operations
(1,206,008) 69,790 (232,960) 114,552 (367,303) (48,273)
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
2,085,199
(1,047,545)
Net Cash Provided by (Used in) Operating Activities
(3,937)
(6,232)
(396,752) 46,620
(738,190) 13,076
(7,200) 1,867 (32,327)
(1,292) 307 (1,156) (2,573)
(14,180) 15,565 (2,749) (2,100) (1,335)
(13,216) 7,562 (335) (875) (10,897)
(396,528)
(753,821)
10,562,306 (11,009,932)
11,170,440 (12,425,932)
799,260 (146,471)
3,503,500 (52,840)
(900,000)
-
1,853,093 (2,222,457) (71,785)
(1,258,214) -
(1,135,986)
552,685
KAS DAN SETARA KAS AWAL PERIODE
350,467
KAS DAN SETARA KAS AKHIR PERIODE
13,733,716 (13,111,059)
(2,479,017) 73,251 (309,120) 816,900 (271,357) (125,986)
KENAIKAN (PENURUNAN) BERSIH KAS DAN SETARA KAS
Pengaruh perubahan kurs mata uang asing
30 Juni 2016/ June 30, 2016
936,954
(864,412)
1,549,281
(1,080)
902,072
-5-
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 Additional software development costs Net Cash Used in Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Long-term bank loans Proceeds Payments Bonds payable Payments Due to related parties Addition Payments Payments of dividends 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
(20,086)
Effect of foreign exchange rate changes
664,783
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
