PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 September 2013 dan 31 Desember 2012 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position September 30, 2013 and December 31, 2012 (Expressed in Million Rupiah, Unless Otherwise Stated)
30 September 2013/ September 30, 2013
31 Desember 2012/ December 31, 2012
597.201
1.183.482
808.035 543.681 130.151 2.810.171 411.201
2.055.618 540.653 96.786 2.674.693 295.967
782.969
498.245
6.083.409
7.345.444
18.745 12 51.152
96.916 23.083
1.293.549 70.362
1.267.189 137.258
7.117.395
5.779.347
22.232 954
22.232 1.526
476.617 39.277 16.479 6.401 1.379.106
667.694 40.515 18.900 6.412 840.879
JUMLAH ASET TIDAK LANCAR
10.492.281
8.901.951
JUMLAH ASET
16.575.690
16.247.395
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 saham Tanaman perkebunan Tanaman telah menghasilkan setelah dikurangi akumulasi amortisasi sebesar Rp 685.461 dan Rp 625.978 masingmasing pada tanggal 30 September 2013 dan 31 Desember 2012 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 2.357.621 dan Rp 2.017.491 masing-masing pada tanggal 30 September 2013 dan 31 Desember 2012 Aset takberwujud Goodwill Merek dagang - bersih Aset lain-lain Taksiran tagihan pajak Biaya tangguhan hak atas tanah - bersih Bibitan Biaya tangguhan lain-lain - bersih Lain-lain
CURRENT ASSETS Cash and cash equivalents Trade accounts receivable Related parties Third parties Other receivables - third parties Inventories Prepaid tax - net Prepaid expenses and other current assets TOTAL CURRENT ASSETS NON CURRENT ASSETS Due from related parties Deferred tax asset Investments in shares of stock Plantations Mature plantations net of accumulated amortization of Rp 685,461 and Rp 625,978 as of September 30, 2013 and December 31, 2012, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 2,357,621 and Rp 2,017,491 as of September 30, 2013 and December 31, 2012, respectively Intangible assets Goodwill Brands and trademarks - net Other assets Estimated claims for tax refund Deferred landrights - net Nursery Other deferred charges - net Others TOTAL NON CURRENT ASSETS TOTAL ASSETS
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 September 2013 dan 31 Desember 2012 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
30 September 2013/ September 30, 2013
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position September 30, 2013 and December 31, 2012 (Expressed in Million Rupiah, Unless Otherwise Stated)
31 Desember 2012/ December 31, 2012
LIABILITAS DAN EKUITAS 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 JUMLAH LIABILITAS JANGKA PENDEK
LIABILITIES AND EQUITY
2.816.153
1.402.150
549.368 738.844 284.461 67.656 259.880 86.379
806.837 661.440 121.516 28.738 152.902 171.115
206.500
153.829
5.009.241
3.498.527
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 TOTAL CURRENT LIABILITIES
LIABILITAS JANGKA PANJANG Liabilitas pajak tangguhan - bersih Liabilitas imbalan kerja jangka panjang 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
392.550 268.093
375.607 268.097
488.351 2.838.913 996.008 146.165
597.711 1.548.340 995.390 24.328
Long-term bank loans net of current portion Due to related parties Bonds payable Other non current liabilities
JUMLAH LIABILITAS JANGKA PANJANG
5.130.080
3.809.473
TOTAL NON CURRENT LIABILITIES
10.139.321
7.308.000
TOTAL LIABILITIES
JUMLAH LIABILITAS
NON CURRENT LIABILITIES Deferred tax liabilities - net Long-term employee benefits 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 3.773.726 210.930
114.888 6.355.724 132.161
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
6.430.859 5.510
8.934.088 5.307
Total Non-controlling Interests
JUMLAH EKUITAS
6.436.369
8.939.395
TOTAL EQUITY
16.575.690
16.247.395
JUMLAH LIABILITAS DAN EKUITAS
TOTAL LIABILITIES AND EQUITY
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Laba Rugi Komprehensif Konsolidasian Untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Comprehensive Income For The Nine-Month Periods Ended September 30, 2013 and 2012 (Expressed in Million Rupiah, Unless Otherwise Stated)
30 September 2013/ September 30, 2013
30 September 2012/ September 30, 2012
PENJUALAN BERSIH
16.726.311
21.023.883
NET SALES
BEBAN POKOK PENJUALAN
13.868.014
16.112.717
COST OF GOODS SOLD
2.858.297
4.911.166
GROSS PROFIT
861.199 600.000
1.954.929 532.494
OPERATING EXPENSES Selling General and administrative
Jumlah Beban Usaha
1.461.199
2.487.423
Total Operating Expenses
LABA USAHA
1.397.098
2.423.743
INCOME FROM OPERATIONS
LABA KOTOR BEBAN USAHA Penjualan Umum dan administrasi
PENGHASILAN (BEBAN) LAIN-LAIN Pendapatan bunga Ekuitas pada rugi entitas asosiasi - bersih Beban bunga dan keuangan lainnya Rugi selisih kurs - bersih Lain-lain - bersih
8.865 (2.986) (168.322) (181.375) 71.829
9.788 (448) (200.445) (83.006) (20.880)
OTHER INCOME (EXPENSES) Interest income Share in net losses of associates - net Interest and other financial charges Loss on foreign exchange - net Miscellaneous - net
Beban Lain-lain - Bersih
(271.989)
(294.991)
Other Expenses - Net
LABA SEBELUM PAJAK
1.125.109
2.128.752
BEBAN PAJAK Kini Tangguhan
243.941 16.285
514.969 24.933
TAX EXPENSE Current Deferred
Jumlah Beban Pajak
260.226
539.902
Total Tax Expense
LABA PERIODE BERJALAN
864.883
1.588.850
PENDAPATAN KOMPREHENSIF LAIN Selisih kurs atas penjabaran laporan keuangan
INCOME BEFORE TAX
INCOME FOR THE PERIOD
79.564
22.249
OTHER COMPREHENSIVE INCOME Exchange differences on translating financial statements
JUMLAH LABA KOMPREHENSIF
944.447
1.611.099
TOTAL COMPREHENSIVE INCOME
Laba yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
864.634 249
1.588.220 630
Income attributable to: Owners of the Company Non-controlling interests
Jumlah
864.883
1.588.850
Total
Laba komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
943.403 1.044
1.610.243 856
Comprehensive income attributable to: Owners of the Company Non-controlling interests
Jumlah
944.447
1.611.099
Total
301
553
LABA PER SAHAM DASAR (Dalam Rupiah penuh)
BASIC EARNINGS PER SHARE (In full Rupiah)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Perubahan Ekuitas Konsolidasian Untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 (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 Nine-Month Periods Ended September 30, 2013 and 2012 (Expressed in Million Rupiah, Unless Otherwise Stated)
Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Company Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali/ Tambahan Difference Komponen Modal Arising from Ekuitas Saldo Laba/Retained Earnings Disetor/ Restructuring Lainnya/ Telah Ditentukan Belum Ditentukan Additional Transactions of Other Penggunaannya/ Penggunaannya/ Modal Saham/ Paid-in Entities Under Components of Capital Stock Capital Common Control Appropriated Unappropriated Equity Saldo pada tanggal 1 Januari 2012 sebelum reklasifikasi Reklasifikasi sehubungan dengan penerapan PSAK No. 38 Saldo pada tanggal 1 Januari 2012 setelah reklasifikasi Jumlah laba komprehensif periode berjalan Dividen
574.439
1.662.472
-
94.404
574.439
1.756.876
-
-
94.404
Jumlah/ Total
Kepentingan Nonpengendali/ Non-controlling Interests
Jumlah Ekuitas/ Total Equity Balance as of January 1, 2012 before reclassification
114.888
4.778.635
106.031
7.330.869
4.683
7.335.552
-
-
-
-
-
-
-
114.888
4.778.635
106.031
7.330.869
4.683
7.335.552
Balance as of January 1, 2012 after reclassification
-
-
1.588.220
22.026
1.610.246
856
1.611.102
Total comprehensive income for the period
(94.404)
-
-
-
-
Saldo pada tanggal 30 September 2012
574.439
1.756.876
-
114.888
5.792.416
128.057
8.366.676
5.116
8.371.792
Balance as of September 30, 2012
Saldo pada tanggal 1 Januari 2013 sebelum reklasifikasi
574.439
1.662.472
94.404
114.888
6.355.724
132.161
8.934.088
5.307
8.939.395
Balance as of January 1, 2013 before reclassification
-
94.404
-
-
-
-
-
-
574.439
1.756.876
-
114.888
6.355.724
132.161
8.934.088
5.307
8.939.395
Jumlah laba komprehensif periode berjalan
-
-
-
-
864.634
78.769
943.403
1.044
Dividen
-
-
-
-
574.439
1.756.876
-
114.888
Reklasifikasi sehubungan dengan penerapan PSAK No. 38 Saldo pada tanggal 1 Januari 2013 setelah reklasifikasi
Saldo pada tanggal 30 September 2013
(94.404)
(574.439)
(3.446.632) 3.773.726
-
210.930
(574.439)
(3.446.632) 6.430.859
(423)
(841) 5.510
(574.862)
Reclassification in relation to provisions of PSAK No. 38
944.447 (3.447.473) 6.436.369
Dividends
Reclassification in relation to provisions of PSAK No. 38 Balance as of January 1, 2013 after reclassification Total comprehensive income for the period Dividends Balance as of September 30, 2013
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 (Disajikan dalam Jutaan Rupiah, kecuali dinyatakan lain)
30 September 2013/ September 30, 2013
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Cash Flows For the Nine-Month Periods Ended September 30, 2013 and 2012 (Expressed in Million Rupiah, unless otherwise stated)
30 September 2012/ September 30, 2012
ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Pembayaran kas untuk pemasok Kas bersih yang diperoleh dari operasi Penerimaan tagihan pajak Pendapatan bunga Pembayaran untuk aktivitas operasional lainnya - bersih Pembayaran pajak ekspor Pembayaran beban bunga 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 Uang muka perkebunan plasma Penambahan Pengembalian Penambahan biaya pembukaan lahan Penambahan investasi saham Penambahan uang muka investasi 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 Penerimaan dari penerbitan obligasi Pembayaran dividen kepada: Pemilik entitas induk Kepentingan nonpengendali Kas Bersih Digunakan untuk Aktivitas Pendanaan KENAIKAN (PENURUNAN) BERSIH KAS DAN SETARA KAS
CASH FLOWS FROM OPERATING ACTIVITIES 18.009.784 (12.750.254)
21.344.003 (15.708.679)
5.259.530 22.482 26.896 (2.068.024) (317.936) (149.022) (327.555)
5.635.324 30.524 12.067 (1.524.437) (1.419.924) (183.007) (582.647)
Net cash generated from operations Proceeds from claims for tax refund Interest received Payments of other operating activities - net Payments of export tax Payments of interest Payments of corporate income taxes
2.446.371
1.967.900
Net Cash Provided by Operating Activities
(17.638)
(25.728)
(1.113.917) 15.336
(876.422) 9.193
(7.476) 4.433 (25) (670.181)
(8.184) 2.290 (4.144) (290.049)
(79.082) 28.378 (6.992) (32.184) (2.266)
(117.850) 172.015 (12.156) -
(1.881.614)
(1.151.035)
Cash receipts from customers Cash paid to suppliers
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 investments in shares of stock Additional advances for investments Net Cash Used in Investing Activities
8.220.582 (7.008.433)
4.733.078 (3.906.818)
(115.732)
44.830 (156.334)
4.052.642 (2.899.802) -
919.385 (2.439.518) 995.000
(3.447.602) (842)
(574.277) (423)
CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Long-term bank loans Proceeds Payments Due to related parties Additional Payments Proceeds from issuance of bonds Payments of dividends to: Owners of the Company Non-controlling interests
(1.199.187)
(385.077)
Net Cash Used in Financing Activities
431.788
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD
(634.430)
KAS DAN SETARA KAS AWAL PERIODE
1.183.482
486.225
Pengaruh perubahan kurs mata uang asing
48.149
15.001
KAS DAN SETARA KAS AKHIR PERIODE
597.201
933.014
Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
