PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 31 Maret 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 March 31, 2017 and December 31, 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
31 Desember 2016/ December 31, 2016
31 Maret 2017/ March 31, 2017 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
609,298
350,467
2,008,596 1,530,142 169,376 4,803,858 534,113 1,252,443
2,280,771 767,434 155,744 4,387,631 1,162,745 2,141,794
10,907,826
11,246,586
57,065 1,321,073 46,239
20,847 1,365,565 46,277
1,151,717 13,407
1,145,193 41,612
11,227,511 22,232
11,165,271 22,232
833,692 34,966 15,744 2,445 397,847
652,083 35,401 12,149 3,441 384,753
JUMLAH ASET TIDAK LANCAR
15,123,938
14,894,824
TOTAL NON CURRENT ASSETS
JUMLAH ASET
26,031,764
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 982.568 dan Rp 959.786 masing-masing pada tanggal 31 Maret 2017 dan Desember 2016 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 4.102.341 dan Rp 3.952.720 masing-masing pada tanggal 31 Maret 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
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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 982,568 and Rp 959,786 as of March 31, 2017 and December 31, 2016, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 4,102,341 and Rp 3,952,720 as of March 31, 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 31 Maret 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 March 31, 2017 and December 31, 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
31 Maret 2017/ March 31, 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
2,797,410
4,230,897
1,352,735 686,302 1,251,879
733,391 581,980 1,188,597
542,132 366,469 50,113
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
899,723 359,469
899,453 315,614
Current portion of long-term liabilities Bonds payable Long-term bank loans
8,306,232
8,356,807
219,868 513,507
220,205 490,861
6,146,829 171,301
6,316,046 418,638
99,803 36,332
99,783 39,635
Bonds payable - net of current portion Other non current liabilities
7,187,640
7,585,168
TOTAL NON CURRENT LIABILITIES
15,493,872
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 7,832,206 254,315
114,888 7,492,203 255,702
Jumlah Kepentingan Nonpengendali
10,532,724 5,168
10,194,108 5,327
Total Non-controlling Interests
JUMLAH EKUITAS
10,537,892
10,199,435
TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS
26,031,764
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 Tiga Bulan yang Berakhir 31 Maret 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 Periods Ended March 31, 2017 and 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
31 Maret 2017/ March 31, 2017
31 Maret 2016/ March 31, 2016
PENJUALAN BERSIH
9,210,838
7,946,832
NET SALES
BEBAN POKOK PENJUALAN
8,130,682
6,846,673
COST OF GOODS SOLD
LABA KOTOR
1,080,156
1,100,159
GROSS PROFIT
BEBAN USAHA Penjualan Umum dan administrasi
375,652 345,087
489,925 354,125
OPERATING EXPENSES Selling General and administrative
Jumlah Beban Usaha
720,739
844,050
Total Operating Expenses
LABA USAHA
359,417
256,109
PROFIT FROM OPERATIONS
75,324 28,051 (1,438) (121,243) 72,534
388,451 21,935 208 (118,777) 15,872
53,228
307,689
Other Expenses - Net
LABA SEBELUM PAJAK
412,645
563,798
PROFIT BEFORE TAX
BEBAN PAJAK Kini Tangguhan
(28,591) (44,197)
(67,279) (34,293)
TAX EXPENSE Current Deferred
Jumlah Beban Pajak
(72,788)
(101,572)
LABA BERSIH PERIODE BERJALAN
339,857
462,226
NET PROFIT FOR THE PERIOD
(14,196)
OTHER COMPREHENSIVE LOSS Item that will be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements
PENGHASILAN (BEBAN) LAIN-LAIN Laba selisih kurs - bersih Pendapatan bunga Ekuitas pada laba (rugi) bersih entitas asosiasi - bersih Beban bunga dan keuangan lainnya Lain-lain - bersih Beban Lain-lain - Bersih
RUGI KOMPREHENSIF LAIN Pos yang akan direklasifikasi ke laba rugi: Selisih kurs atas penjabaran laporan keuangan
(1,400)
OTHER INCOME (EXPENSES) Gain on foreign exchange - net Interest income Share in net earnings (losses) of associates - net Interest and other financial charges Miscellaneous - net
Total Tax Expense
JUMLAH PENGHASILAN KOMPREHENSIF
338,457
448,030
TOTAL COMPREHENSIVE INCOME
Jumlah laba (rugi) bersih yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
340,003 (146)
462,328 (102)
Total net profit (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
339,857
462,226
Total
Jumlah penghasilan (rugi) komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
338,616 (159)
448,302 (272)
Total comprehensive income (loss) attributable to: Owners of the Company Non-controlling interests
Jumlah
338,457
448,030
Total
118
161
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 Tiga Bulan yang Berakhir 31 Maret 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 Periods Ended March 31, 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 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 2016
574,439
1,756,876
114,888
4,901,262
268,471
7,615,936
Kepentingan Nonpengendali/ Non-controlling Interests 6,834
Jumlah Ekuitas/ Total Equity 7,622,770
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Balance as of January 1, 2016 Comprehensive income (loss):
-
-
-
462,328
-
462,328
(102)
462,226
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
(14,026)
(14,026)
(170)
(14,196)
Exchange differences on translation of financial statements
Jumlah penghasilan (rugi) komprehensif
-
-
-
462,328
(14,026)
448,302
(272)
448,030
Total comprehensive income (loss)
Saldo pada tanggal 31 Maret 2016
574,439
1,756,876
114,888
5,363,590
254,445
8,064,238
6,562
8,070,800
Balance as of March 31, 2016
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
Balance as of January 1, 2017
Rugi komprehensif lain:
Other comprehensive loss:
Penghasilan (rugi) komprehensif: Laba (rugi) bersih periode berjalan
Comprehensive income (loss): -
-
-
340,003
-
340,003
(146)
339,857
Rugi komprehensif lain:
Net profit (loss) for the period Other comprehensive loss:
Selisih kurs atas penjabaran laporan keuangan
-
-
-
-
(1,387)
Jumlah penghasilan (rugi) komprehensif
-
-
-
340,003
(1,387)
574,439
1,756,876
114,888
7,832,206
Saldo pada tanggal 31 Maret 2017
Net profit (loss) for the period
254,315
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(1,387) 338,616 10,532,724
(13) (159) 5,168
(1,400) 338,457 10,537,892
Exchange differences on translation of financial statements Total comprehensive income (loss) Balance as of March 31, 2017
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Periode Tiga Bulan yang Berakhir 31 Maret 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 Periods Ended March 31, 2017 and 2016 (Expressed in Millions of Rupiah, Unless Otherwise Stated)
31 Maret 2017/ March 31, 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 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 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 kepada pihak berelasi non-usaha Penambahan Pembayaran Kas Bersih Digunakan untuk Aktivitas Pendanaan
31 Maret 2016/ March 31, 2016
9,148,615 (6,295,064)
7,706,845 (7,248,731)
2,853,551
458,114
(340,620) 42,818 (158,718) 12,775 (142,689) (53,008) 2,214,109
CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from customers Cash paid to suppliers Net cash generated from operations
(754,177) 11,924 (147,042) 28,422 (269,924) (24,819)
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
(697,502)
Net Cash Provided by (Used in) Operating Activities
(1,039)
(3,928)
(261,637) 43,109
(341,433) 9,121
(4,647) 673 (726)
(763) 73 (1,156) (361)
(9,120) 10,519 (43) (1,400) (1,335)
(4,710) 6,941 (329) (875) (8,247)
(225,646)
(345,667)
4,716,646 (6,122,382)
3,625,458 (5,972,951)
(73,342)
3,503,500 (13,156)
1,853,093 (2,102,586)
(1,258,214)
(1,728,571)
(115,363)
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 Due to related parties Addition Payments Net Cash Used in Financing Activities
KENAIKAN (PENURUNAN) BERSIH KAS DAN SETARA KAS
259,892
(1,158,532)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL PERIODE
350,467
1,549,281
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD
Pengaruh perubahan kurs mata uang asing
KAS DAN SETARA KAS AKHIR PERIODE
(1,061)
(3,395)
609,298
387,354
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Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
