PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 September 2016 dan 31 Desember 2015 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
30 September 2016/ September 30, 2016
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position September 30, 2016 and December 31, 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
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
ASSETS
224,273
1,549,281
1,668,312 1,048,412 159,272 3,776,784 1,151,687
2,425,379 474,283 123,850 3,389,788 1,642,951
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
2,850,305
1,074,613
10,879,045
10,680,145
259,104 1,420,175 44,094
70,064 999 47,393
1,167,322 35,447
1,190,146 66,561
11,098,944
10,736,651
22,232
22,232
507,704 35,837 10,430 5,999 405,915
675,038 35,989 11,964 5,796 414,037
JUMLAH ASET TIDAK LANCAR
15,013,203
13,276,870
TOTAL NON CURRENT ASSETS
JUMLAH ASET
25,892,248
23,957,015
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 937.658 dan Rp 868.160 masing-masing pada tanggal 30 September 2016 dan 31 Desember 2015 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 3.767.848 dan Rp 3.411.308 masing-masing pada tanggal 30 September 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
-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 937,658 dan Rp 868,160 as of September 30, 2016 and December 31, 2015, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 3,767,848 dan Rp 3,411,308 as of September 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
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 30 September 2016 dan 31 Desember 2015 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
30 September 2016/ September 30, 2016
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position September 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 liabilitas jangka panjang yang akan jatuh tempo dalam waktu satu tahun Utang obligasi Utang bank jangka panjang Liabilitas jangka pendek lainnya 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
4,721,768
7,565,380
590,030 803,154 946,474
602,085 815,387 402,317
379,266 348,488 68,709
121,157 181,357 61,739
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
899,188 197,324 161,185
147,766 -
Current portion of long-term liabilities Bonds payable Long-term bank loans Other current liability
9,115,586
9,897,188
188,753 582,626
457,197 407,596
5,164,976 30,575
1,891,684 1,284,993
Long-term bank loans net of current portion Due to related parties
99,764 758,332
998,139 1,397,448
Bonds payable - net of current portion Other non current liabilities
6,825,026
6,437,057
TOTAL NON CURRENT LIABILITIES
15,940,612
16,334,245
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 7,249,164 250,065
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
9,945,432 6,204
7,615,936 6,834
Total Non-controlling Interests
JUMLAH EKUITAS JUMLAH LIABILITAS DAN EKUITAS
9,951,636
7,622,770
25,892,248
23,957,015
-2-
TOTAL EQUITY 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 Sembilan Bulan yang Berakhir 30 September 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 Nine-Month Periods Ended September 30, 2016 and 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 September 2016/ September 30, 2016
30 September 2015/ September 30, 2015
PENJUALAN BERSIH
21,033,645
27,483,464
NET SALES
BEBAN POKOK PENJUALAN
18,143,595
24,691,712
COST OF GOODS SOLD
LABA KOTOR
2,890,050
2,791,752
BEBAN USAHA Penjualan Umum dan administrasi
1,138,319 1,070,507
964,943 990,055
Jumlah Beban Usaha
2,208,826
1,954,998
681,224
836,754
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
(5,784) (359,176) 30,520
Penghasilan (Beban) Lain-lain - Bersih
427,190
(1,518,748)
Other Income (Expenses) - Net
LABA (RUGI) SEBELUM PAJAK
1,108,414
(681,994)
PROFIT (LOSS) BEFORE TAX
BEBAN (PENGHASILAN) PAJAK Final Kini Tangguhan
215,088 119,316 (1,658,941)
71,046 1,000
TAX EXPENSE (BENEFIT) Final Current Deferred
Jumlah Beban (Penghasilan) Pajak
(1,324,537)
72,046
Total Tax Expense (Benefit)
2,432,951
(754,040)
LABA (RUGI) BERSIH PERIODE BERJALAN
640,096 121,534
(1,411,251) 13,933 (7,854) (298,700) 185,124
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 ke laba rugi Pos yang akan direklasifikasi ke laba rugi: Selisih kurs atas penjabaran laporan keuangan Jumlah
(113,990)
52,254
28,498
(13,064)
OTHER INCOME (EXPENSES) Gain (loss) on foreign exchange - net Interest income Share in net losses of associates - net Interest and other financial charges Miscellaneous - net
NET PROFIT (LOSS) FOR THE PERIOD 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 subsequently to profit or loss
(18,593)
53,280
Item that will be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements
(104,085)
92,470
Total
JUMLAH PENGHASILAN (RUGI) KOMPREHENSIF
2,328,866
(661,570)
TOTAL COMPREHENSIVE INCOME (LOSS)
Jumlah laba (rugi) bersih yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
2,433,371 (420)
(754,687) 647
Total net profit (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
2,432,951
(754,040)
Total
Jumlah penghasilan (rugi) komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
2,329,496 (630)
(662,777) 1,207
Total comprehensive income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
2,328,866
(661,570)
Total
847
(263)
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 Sembilan Bulan yang Berakhir 30 September 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 Nine-Month Periods Ended September 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 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 2015
5,247,116
232,412
7,925,731
Kepentingan Nonpengendali/ Non-controlling Interests 5,758
Jumlah Ekuitas/ Total Equity
574,439
1,756,876
114,888
7,931,489
-
-
-
(754,687)
-
(754,687)
647
(754,040)
Pengukuran kembali liabilitas imbalan pasca-kerja
-
-
-
39,162
-
39,162
28
39,190
Remeasurement of post-employment benefits liabilities
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
52,748
52,748
532
53,280
Exchange differences on translation of financial statements
Jumlah penghasilan (rugi) komprehensif
-
-
-
(715,525)
52,748
(662,777)
1,207
(661,570)
Dividen
-
-
-
(28,722)
-
(28,722)
-
(28,722)
Saldo pada tanggal 30 September 2015
574,439
1,756,876
114,888
4,502,869
285,160
7,234,232
6,965
7,241,197
Balance as of September 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
-
-
-
2,433,371
-
2,433,371
(420)
2,432,951
Pengukuran kembali liabilitas imbalan pasca-kerja
-
-
-
(85,469)
-
(85,469)
(23)
(85,492)
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Comprehensive income (loss):
Penghasilan komprehensif lain:
Net profit (loss) for the period Other comprehensive income:
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Balance as of January 1, 2015
Total comprehensive income (loss) Dividends
Comprehensive income (loss):
Rugi komprehensif lain:
Net profit (loss) for the period Other comprehensive loss: Remeasurement of post-employment benefits liabilities
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
(18,406)
(18,406)
(187)
(18,593)
Jumlah penghasilan (rugi) komprehensif
-
-
-
2,347,902
(18,406)
2,329,496
(630)
2,328,866
Total comprehensive income (loss)
Saldo pada tanggal 30 September 2016
574,439
1,756,876
114,888
7,249,164
250,065
9,945,432
9,951,636
Balance as of September 30, 2016
-4-
6,204
Exchange differences on translation of financial statements
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Sembilan Bulan yang Berakhir 30 September 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 Nine-Month Periods Ended September 30, 2016 and 2015 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
30 September 2016/ September 30, 2016 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 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 Pembayaran dividen kepada: Pemilik entitas induk Kas Bersih Diperoleh dari (Digunakan) untuk Aktivitas Pendanaan PENURUNAN BERSIH KAS DAN SETARA KAS
KAS DAN SETARA KAS AWAL PERIODE Pengaruh perubahan kurs mata uang asing
KAS DAN SETARA KAS AKHIR PERIODE
20,366,386 (18,908,721)
30 September 2015/ September 30, 2015 27,666,974 (23,157,498)
1,457,665
4,509,476
(1,414,543) 56,471 (414,122) 620,638 (478,239) (104,041)
(3,225,396) 31,950 (334,676) 625,331 (388,551) (123,367)
(276,171)
1,094,767
(9,525)
(14,229)
(922,208) 15,867
(1,434,280) 11,368
(1,707) 898 (1,156) (5,876)
(13,317) 9,738 (290,214)
(19,973) 11,770 (1,324) (2,485)
(38,292) 8,156 (5,675) -
(935,719)
(1,766,745)
(1,258,214)
8,490,036 (9,935,491)
(4,019)
224,273
-5-
Net Cash Used in Investing Activities
Net Cash Provided by (Used in) Financing Activities
1,379,500 (479,386)
1,549,281
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
345,739
3,700,210 (92,219)
(1,320,989)
Net Cash Provided by (Used in) Operating Activities
(28,714)
19,563,181 (18,643,387)
(109,099)
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
CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Long-term bank loans Proceeds Payments Due to related parties Addition Payments Payments of dividends to: Owners of the Company
15,537,684 (17,996,560)
-
CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from customers Cash paid to suppliers
(326,239)
1,617,503 163,992
1,455,256
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
