LAPORAN TAHUNAN annual report
2013
Delivers the complete packaging concept with advanced technology
Daftar Isi
contents
02
Data Perusahaan Corporate Information
20
Dewan Komisaris Board of Commissioners
42
Sekilas Tentang PT Quantex PT Quantex In Brief
76
Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility
03
Visi dan Misi Vision and Mission
21
Profil Dewan Komisaris Biography The Board of Commissioners
44
Risiko Usaha Business Risk
80
Analisa Segmen Segment Analysis
04
Sekilas Tentang Perusahaan Corporate Brief
25
Sambutan Presiden Direktur Message from President Commissioner
46
Pembahasan & Analisa Manajemen Management Discussion & Analysis
82
Cakupan Proses Produksi Production Process Ranges
08
Tonggak Sejarah Perusahaan The Company’s Milestone
28
Dewan Direksi Board of Directors
62
Struktur Organisasi Organization Structure
84
Sertifikat & Penghargaan Certificates & Awards
10
Ikhtisar Keuangan Financial Highlight
29
Profil Dewan Direksi Biography The Board of Directors
64
Tata Kelola Perusahaan Yang Baik Good Corporate Governance
85
Lokasi Pabrik dan Kantor Factory and Office Location
12
Informasi Saham Share Information
34
Sekilas Tentang Hefei Paragon Plastic Co. Ltd., Cina Hefei Paragon Plastic Packaging Co. Ltd., China In Brief
72
Pemeringkatan Efek The Rating Effect
86
Tanggungjawab Atas Laporan Tahunan 2013 The Responsibility for The Annual Report 2013
17
Sambutan Presiden Komisaris Message From President Commissioner
38
Sekilas Tentang PT Lamipak Primula Indonesia PT Lamipak Primula Indonesia In Brief
73
Pengembangan Sumber Daya Manusia Human Resource Development
87
Laporan Keuangan 2013 Financial Reports 2013
Data Perusahaan
Visi & Misi
corporate information
vision & mission
Nama & Alamat Perusahaan Address of Head Office & Factories : Kantor Pusat Head Office & Cikarang Factory :
Anak Perusahaan Subsidiaries :
Jl. Jababeka Raya Blok E 12 – 17 Kawasan Industri Jababeka Cikarang Desa Wangunharja, Kecamatan Cikarang Utara Bekasi 17520 – Indonesia Phone : (62 – 21) 898 30160 Fax : (62 – 21) 898 30161 Website : www.berlina.co.id Email :
[email protected]
HEFEI PARAGON PLASTIC PACKAGING Co. Ltd. No. 28 Shanghai Road Baohe Industry Zone Hefei City, China 230051 Phone : (86 – 551) 6610 5708 Fax : (86 – 551) 6610 5698
Pabrik Pandaan Pandaan Factory : Jl. Raya Pandaan Km. 43, Pandaan 67156 – Pasuruan Jawa Timur – Indonesia Phone : (62 – 343) 631 901 Fax : (62 – 343) 631 902
Pabrik Tangerang Tangerang Factory : Jl. Moch. Toha Km. 5 Kelurahan Periuk Jaya, Kecamatan Periuk Tangerang 15131 – Indonesia Phone : (62 – 21) 553 5540 Fax : (62 – 21) 553 5539
Anak Perusahaan Subsidiaries :
BERLINA Pte. Ltd. 190 Middle Road #14-05 Fortune Centre Singapore 188979 Phone : (65) 633 92838 Fax : (65) 633 91138
PT. LAMIPAK PRIMULA INDONESIA Jl. Sawunggaling 26, Gilang, Taman Sidoarjo 61257 Phone : (62 – 31) 788 1418 Fax : (62 – 31) 788 1419 Website : www.lamipak.co.id Email :
[email protected]
PT NATURA PLASTINDO Dusun Baran, Desa Winong Gempol, Pasuruan 67155 Phone : (62 – 343) 760 7727
DEWAN KOMISARIS BOARD OF COMMISSIONERS
Akuntan Publik Public Accountant :
Presiden Komisaris President Commissioner : LISJANTO TJIPTOBIANTORO
Komisaris Commissioner : OEI HAN TJHIM
Komisaris Independent Independent Commissioner : ANTONIUS HANIFAH KOMALA DEWAN DIREKSI BOARD OF DIRECTORS
Presiden Direktur President Director : LIM ENG KHIM
Direktur Director : LUKMAN SIDHARTA LAU CHEK KIONG
Sekretaris Perusahaan Corporate Secretary : KARSONO PROBOSETIO
02
PT QUANTEX Jl. Gatot Subroto Km. 6 Kampung Cikoneng Ilir No. 8 Gandasari, Jatiuwung - Tangerang 15137 Phone : (62 – 21) 5565 6584 Fax : (62 – 21) 5565 2097 Website : www.quantex.co.id
laporan tahunan • annual report 2013 PT Berlina Tbk.
HENDRAWINATA EDDY & SIDHARTA (Members of Kreston International) Intiland Tower 18th Floor Jl. Jendral Sudirman Kav. 32, Jakarta Pusat 10220 – Indonesia Email Info : gtendrawinata.com Phone : (62 – 21) 571 2000 Fax : (62 – 21) 570 6118, 571 1818
VISI VISION Menjadi pilihan utama dalam memberikan solusi untuk produk kemasan plastik. to be preferred choice for plastic packaging solutions.
Biro Administrasi Efek Securities Administration Agency : PT. ADIMITRA TRANSFERINDO Plaza Property Lt.2 Komplek Pertokoan Pulomas Blok VIII No. 1 Jl. Perintis Kemerdekaan - Jakarta 13210 Phone : (62-21) 4788 1515 Fax : (62-21) 470 9697
Pemeringkat Efek The Rating Effect : PT. FITCH RATINGS INDONESIA Prudential Tower 20th Floor Jl. Jenderal Sudirman Kav. 79, Jakarta 12910 – Indonesia Phone : (62-21) 5795 7755 Fax : (62-21) 5795 7750
MISI MISSION Mencapai tingkat pertumbuhan usaha yang menguntungkan melalui aktifitas operasional yang prima disertai dengan relasi terhadap pelanggan yang kokoh dan didukung oleh karyawanyang kreatif dan pro aktif. to grow profitably through operational excellence and solid customer engagement delivered by energized employees. laporan tahunan • annual report 2013 PT Berlina Tbk.
03
Sekilas Tentang Perusahaan corporate brief
PT Berlina Tbk. (Perusahaan) didirikan pada tahun 1969 berdasarkan akta Notaris Julian Nimred Siregar Gelar Mangaradja Namora, SH, Notaris di Jakarta, No. 35 tanggal 18 Agustus 1969. Akta pendirian ini telah disahkan oleh Menteri Kehakiman Republik Indonesia dalam Surat Keputusannya No. Y.A. 5/423/18 tanggal 12 Desember 1973 serta telah diumumkan dalam Berita Negara No. 37 Tambahan No. 284 tanggal 10 Mei 1977. Anggaran Dasar Perusahaan telah mengalami beberapa perubahan, terakhir dengan akta Pernyataan Keputusan Rapat PT. Berlina Tbk. No. 14 tanggal 4 Juli 2008, yang dibuat dihadapan Dyah Ambarwaty Setyoso, SH, Notaris di Surabaya, Mengenai perubahan seluruh Anggaran Dasar Perusahaan untuk disesuaikan dengan Undang-Undang No. 40 tahun 2007 tentang Perseroan Terbatas. Perubahan Anggaran Dasar tersebut telah memperoleh persetujuan dari Menteri Hukum dan Hak Asasi Manusia Repubik Indonesia dengan surat keputusannya No. AHU-93754.AH.01.02.Tahun 2008 tanggal 5 Desember 2008.
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laporan tahunan • annual report 2013 PT Berlina Tbk.
PT Berlina Tbk. was established in 1969 based on Notarial Deed Julian Nimred Siregar degree Mangaradja Namora, SH, Notary in Jakarta, No. 35 dated August 18, 1969. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia in decision letter. No Y.A. 5/423/18 dated December 12, 1973 and was published in the State news No. 37 Supplement No.284 dated May 10, 1977. Articles of Association have been amended several times, most recently by notarial deed of Statement of Meeting Resolution No. 14, july 4 ,2008, appear before Dyah Ambarwaty Setyoso, SH, Notary in Surabaya Concerning the changes of the Articles of Association to conform with Law No. 40 of 2007 “ Limited Liability Company” . These changes were approved by the Minister of Law and Human Rights Republic of Indonesia in his decision letter No. AHU-93754.AH.01.02. year 2008 dated December 5, 2008.
Dimulai dengan hanya memiliki satu mesin Blow Moulding pada tahun pertama. Perusahaan kemudian berkembang menjadi pelaku utama dalam industri kemasan plastik.
Starting with one Blow Moulding machine for the first year. Form thereon the company continuously flourishes as a significant player in the plastic packaging industry.
Saat ini, PT. Berlina Tbk. Memiliki 4 buah pabrik, masing-masing di Pandaan, 43 Km dari Surabaya Jawa Timur, di Tangerang - Banten, 50 km dari Jakarta, di Cikarang - Jawa Barat, 30 km dari Jakarta dan di Hefei, Cina. Perusahaan saat ini mempekerjakan sekitar 1.113 karyawan.
At this time PT. Berlina Tbk. has four factories, which are in Pandaan, 43 km from Surabaya - East Java, in Tangerang - Banten, 50 km from Jakarta, in Cikarang West Java, 30 km from Jakarta and in Hefei, China. The Company currently employs approximately 1,113 employees.
Fokus utama Perusahaan adalah untuk melayani industri produk-produk kosmetika, farmasi, makanan dan minuman, barang-barang industri lain sebagainya. Pelanggan utama Perusahaan kebanyakan adalah perusahaan multinasional, termasuk perusahaan kelas dunia, diantaranya seperti, PT Unilever Indonesia Tbk. (dan Unilever Cina), PT Beiersdorf Indonesia, PT Bayer Indonesia, PT Syngenta Indonesia, PT Reckitt Benckiser Indonesia, PT Danone Dairy Indonesia, PT KAO Indonesia, PT Fumaklia Indonesia, PT. Autochem Industry, PT Kao Indonesia, PT Cussons Indonesia, PT Ikapharmindo Putramas, PT Kinocare Era Komestindo, PT Dupont Agricultural Product Indonesia, PT Sanova, PT Autochem Industry, PT Paragon Tecnologi Innovation, dan lain-lain.
The main focus of the company is to serve the industries of cosmetics, pharmacy, food & beverages, industrial goods etc.. Most of the Company's customers are multinational companies, including world-class companies, such as, PT Unilever Indonesia Tbk (and Unilever Cina), PT Beiersdorf Indonesia, PT Bayer Indonesia, PT Syngenta Indonesia, PT Reckitt Benckiser Indonesia, PT Danone Dairy Indonesia, PT KAO Indonesia, PT Fumaklia Indonesia, PT Autochem Industry, PT Kao Indonesia, PT Cussons Indonesia, PT Ikapharmindo Putramas, PT Kinocare Era Komestindo, PT Dupont Agricultural Product Indonesia, PT Sanova, PT Autochem Industry, PT Paragon Tecnologi Innovation and etc.
Tujuan utama Perusahaan adalah untuk memberikan kontribusi terhadap keberhasilan para pelanggan, membantu dan bekerja sama atas dasar kemitraan para pelanggan, untuk mencapai tujuan-tujuannya. Hal ini akan menjamin kesinambungan perkembangan dan keberhasilan PT. Berlina Tbk.
The Company's main goal is to contribute to the customer’s success , to support and cooperate based on a partnership with the customers, in order. This in turn assures PT.Berlina Tbk. of sustainable growth and success.
PT. Lamipak Primula Indonesia yang 70 % sahamnya dimiliki oleh PT. Berlina Tbk, mengkhususkan diri dalam produksi dan pemasaran Plastik Tube dan Laminated Tube, yang digunakan dalam industri kosmetik dan perawatan mulut. Dengan menggunakan mesin-mesin buatan Swiss yang memiliki teknologi paling maju, telah menempatkan PT. Lamipak primula Indonesia menjadi pemimpin pasar dalam industri ini.
PT. Lamipak Primula Indonesia which 70% of its stocks owned by PT. Berlina Tbk, specializes in the manufacturing and marketing of pemasaran Plastic Tube and Laminated Tube, for the oral care and the cosmetics industries. Equipped with a leading Switzerland machineries which has the most advanced technology, has positioned PT. Lamipak Primula Indonesia as the market leader leader in the industry.
laporan tahunan • annual report 2013 PT Berlina Tbk.
05
06
Hefei Paragon Plastic Packaging Co. Ltd. yang bergerak di bidang yang sama dengan PT. Berlina Tbk. Adalah anak perusahaan yang berkedudukan di Hefei, Cina dengan kepemilikan saham 100 %. Pada bulan Februari 2008, perusahaan telah mendapatkan persetujuan dari Pemerintah Cina untuk melakukan merger atas Shanghai Paragon Plastic Packaging Co.Ltd. dengan Hefei Paragon Plastic Packaging Co.Ltd.
Hefei Paragon Plastic Packaging Co. Ltd. which run the same business as PT. Berlina Tbk., Is a subsidiary company domiciled in Hefei, China with 100% of share ownership. On February 2008, the company has got approval from the China Government to do the merger of Shanghai Paragon Plastic Packaging Co.Ltd. by Hefei Paragon Plastic Packaging Co.Ltd. with Hefei Paragon Plastic Packaging Co.Ltd.
Berlina Pte.Ltd. adalah anak perusahaan PT. Berlina Tbk. Dengan kepemilikan saham sebesar 100 % dan berlokasi di Singapura. Pada tanggal 20 Januari 2009, pendirian Berlina Pte.Ltd. telah didaftarkan pada Accounting and Corporate Regulatory Authority ( ACRA) Singapore dengan kegiatan utama di industri kemasan plastic. Adapun tujuan utama pendirian Berlina Pte.Ltd. adalah untuk mendukung kinerja PT. Berlina Tbk. Di kawasan regional.
Berlina Pte.Ltd. is a subsidiary of PT.Berlina Tbk. with share ownership 100% and located in Singapore. On January 20, 2009, the establishment Pte.Ltd Berlina. Has been registered at Accounting and Corporate Regulatory Authority (ACRA) Singapore with principles activity in plastic packaging industries. The main objective of the establishment Berlina Pte.Ltd. is to; support the PT.Berlina Tbk.performance regionally.
PT Natura Plastindo, adalah anak perusahaan PT Berlina Tbk.,dengan kepemilikan saham sebesar 99,99% dan berlokasi di Pasuruan, Jawa Timur, didirikan pada tanggal 21 Januari 2013 dan telah disahkan oleh Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia melalui Surat Keputusannya tertanggal 7 Pebruari 2013. Tujuan utama dari pendirian PT Natura Plastindo adalah untuk membantu ekspansi kegiatan usaha PT Berlina Tbk.
PT Natura Plastindo, is a subsidiary of PT Berlina Tbk with 99.99% share ownership and located in Pasuruan, East Java, was established on January 21, 2013 and has been authorized by Ministry of Justice and Human Rights of Republic of Indonesia by decree dated February 7, 2013. The main objective of the establishment PT Natura Plastindo is to support operational ekspansion of PT Berlina Tbk.
PT Quantex, adalah anak perusahaan PT Berlina dengan kepemilikan saham 99% yang baru diakuisisi pada pertengahan tahun 2013, dengan kegiatan usaha utama pada industry kemasan plastik yang lebih berfokus pada industry minyak pelumas motor.
PT Quantex, is a subsidiary of PT Berlina Tbk., with 99% share ownership that has been newly acquired in mid 2013, with the main business activity in plastic packaging industry focusing on motor lubricant oil industry.
Sebagai pabrikan, selain harus menjaga daya saingnya, perusahaan juga sangat memperhatikan kualitas produknya. Sehingga di tahun 2013, seperti juga di tahun-tahun sebelumnya, perusahaan memperoleh penghargaan ISO dan lainnya baik dari investor, pelanggan dan lain sebagainya.
As a manufacturer, besides must maitain its competitiveness, the company are also put a highly attention on product quality. Therefore in 2013 as also in the previous years, the company has received ISO certification and other awards from investor, customers, and many others.
laporan tahunan • annual report 2013 PT Berlina Tbk.
PERLUASAN PERUSAHAAN Tahun 2013 adalah tahun dimana PT. Berlina Tbk., dan Anak Perusahaannya telah melakukan perluasan antara lain : • PT. Berlina Tbk., dan Anak Perusahaan menambah kapasitas di “Blow dan Injection Moulding” sebesar 10% sehingga total kapasitas menjadi sebesar 28,750 Ton;
EXPANSION OF THE COMPANY Year 2013 is the expansion year PT. Berlina Tbk.And its subsidiaries which are : • PT. Berlina Tbk.and subsidiaries increased their capacity by about 10% in both “ Blow and Injection Moulding to get 28.750 Tons;
• PT. Lamipak Primula Indonesia, anak perusahaan melakukan efisiensi proses produksi dengan melakukan “overhaul” mesin dan menambah kapasitas produksi;
• PT. Lamipak Primula Indonesia, the subsidiary do efficiency in the production process by doing "overhaul" the engine and increase the production capacities;
• Hefei Paragon Plastic packaging Co.Ltd. anak perusahaan di Cina telah menyelesaikan seluruh pembangunan pabrik pada tahun 2013;
• Hefei Paragon Plastic packaging Co.Ltd. subsidiaries in China has completed all construction of the factory on 2013;
• PT Berlina Tbk., membentuk Anak Perusahaan baru, PT Natura Plastindo, pada bulan Januari 2013. Anak Perusahaan ini masih dalam tahap untuk memperoleh perijinan dan belum melakukan operasi;
• PT Berlina Tbk., established new subsidiary, PT Natura Plastindo, on January 2013. The subsidiary is still on the stage to acquire permits and hasn’t operated;
• PT Berlina Tbk., telah melakukan akuisisi atas 99% (Sembilan puluh Sembilan persen) kepemilikan dalam PT Quantex pada bulan Juni 2013. PT Quantex bergerak dalam industry yang sama dengan PT Berlina Tbk.
• PT Berlina, Tbk., has acquired 99% (ninety nine percent) ownership of PT Quantex on June 2013. PT Quantex is in the same industry with PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
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Tonggak Sejarah Perusahaan the company milestone
Pendirian pabrik Pertama di pandaan.
Produksi Precision MOULD.
Establishment of 1st plant in Pandaan.
Produced precision mould.
1969
1971
Produksi kemasan plastik untuk kosmetik dan industri farmasi.
Produksi kemasan plastik multi layer untuk Pestisida. Produced multi layer packaging for pesticide.
1972
1982
1981
1984
Produksi Sikat Gigi. Produced tooth brush.
Produced Plastic for Cosmetic and pharmaceutical industries.
Pabrik di Tangerang – Banten dibuka. Opened Tangerang factory, Banten.
Investasi di PT Lamipak Primula Indonesia sebagai pabrik pertama “Laminate Tube” di Indonesia.
PT Berlina Tbk ISO 9001 : 1994. PT Berlina Tbk ISO 9001 : 1994.
Investment in PT Lamipak Primula Indonesia as the first “Laminated Tube” manufacturer in Indonesia.
1986
1989
Produksi untuk botol Air Galon PC. Produced for bottle mineral water.
PT Lamipak Primula Indonesia ISO 9001 : 2000. PT Lamipak Primula Indonesia ISO 9001 : 2000.
Pabrik di Cikarang, Jawa Barat di buka. Opened Cikarang Factory, West Java.
Pendirian Berlina Pte. Ltd. - Singapura. PT Berlina Tbk dan PT Lamipak Primula Indonesia, mendapatkan sertifikat ISO 9001 : 2008, ISO 14001 : 2004, and OHSAS 18001 : 2007. Establishment of Berlina Pte. Ltd. - Singapore. PT Berlina Tbk, and PT Lamipak Primula Indonesia acquired ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007.
1998
2001
PT Berlina Tbk ISO 9001 : 2000, PT Lamipak Primula Indonesia ISO 9001 : 1994. PT Berlina Tbk ISO 9001 : 2000, PT Lamipak Primula Indonesia ISO 9001 : 1994.
2003
2004
Investasi di Hefei Paragon Plastik Packaging Co. Ltd. (Cina). Investment in Hefei Paragon Plastic Packaging Co. Ltd. (China).
2005
2008
Produsen pertama untuk Laminate Mini Tube di Indonesia. 1st Producer for Laminate Mini Tube in Indonesia.
2009
2010
Produksi pertama atas multi komponen “Injection Moulding” yang kompleks untuk tutup botol. Permulaan konstruksi untuk pabrik baru di Cina dengan luas produksi tiga kali lebih besar dari pabrik yang lama. First production of multi component injection moulding for closure. Started construction for the new factory in China with triple production areas compared to old factory.
Konstruksi pembangunan tahap I baru di Cina telah selesai dan di tempati. Permulaan konstruksi untuk tahap II pabrik baru di Cina. The first phase of construction for the construction of a new plant in China was completed and accupied. The beginning of the second phase of construction for a new factory in China.
2011
Pendirian anak Perusahaan PT Natura Plastindo dan Akuisisi PT Quantex. Establishment of subsidiaries PT Natura Plastindo and Acquisition of PT Quantex.
2013
2012
Penyelesaian pembangunan tahap II di Cina. Permulaan perluasan Pabrik di Cikarang. Completion of second phase construction in China. The beginning of plant expansion in Cikarang.
Pertama di Indonesia | First in Indonesia
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laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
09
Ikhtisar Data Keuangan summary of financial data
Ikhtisar Data Keuangan summary of financial data
Penjualan Bersih net sales
2011
2012
Penjualan Bersih Net Sales
679,335
836,986
961,000
Laba Kotor Gross Profit
148,411
179,376
169,354
Laba Usah Income from Operation **)
82,691
107,401
31,187
Laba Bersih diatribusikan untuk Entitas Induk Net Income attributable to Parent Company
40,028
49,571
(9,326)
138,000
138,000
138,000
290
359
(68)
690,000
690,000
690,000
58
72
(14)
Jumlah Saham Beredar Sebelum Pemecahan Saham Outstanding Shares Before Stock Split ***)
Jumlah Aset total assets
2013 2013 961.000
2012 836.986
2013 1.125.133
2011 679.335
2012 770.384 2011 643.964
( dalam ribuan lembar saham in thousand shares )
Laba per Saham Dasar Sebelum Pemecahan Saham Earnings per Share Before Stock Split ***) Jumlah Saham Beredar Setelah Pemecahan Saham Outstanding Shares After Stock Split ***) ( dalam ribuan lembar saham in thousand shares )
Laba per Saham Dasar Setelah Pemecahan Saham Earnings per Share After Stock Split ***) Jumlah Aset Total Assets
643,964
770,384
1,125,133
Jumlah Investasi pada Entitas Anak Total Investment on Subsidiaries
48,099
84,902
113,622
Jumlah Aset Tetap - Bersih Total Property, Plant & Equipment - Net
335,848
427,232
639,298
Jumlah Liabilitas Total Liabilities
389,457
468,554
819,252
21,811
25,836
21,231
254,507
301,830
305,881
2,732
(9,024)
(105,918)
Kepentingan Non Pengendali Non Controlling Interest
Laba Bersih Diatribusikan Ke Entitas Induk net salesnet income attributable to parent company
2012 49.571
( dahulu Hak Minoritas formerly Minority Interest )
Jumlah Ekuitas Total Equities Modal Kerja Bersih Net Working Capital
2013 (9.326)
2011 40.028
Note : **) Disajikan kembali karena perubahan metode penyajian sesuai dengan Peraturan BAPEPAM VIII.G.7 Restate due changes of presentation method in affirmative with BAPEPAM Rule VIII.G.7 ***) Perusahaan melakukan pemecahan pada tahun 2012 dengan rasio 1:5 The Company has done stock split in 2012 with 1:5 ratio Disajikan agar dapat dibandingkan Stated to be able to compared Data keuangan - dalam jutaan Rupiah kecuali Laba per Saham Dasar dan Jumlah Saham Beredar Financial Data - in millions Rupiah except Earnings Per Share and Outstanding Shares
RASIO KEUANGAN financial ratio
Jumlah Liabilitas total liabilities
2013 819.252
2012 468.554 2011 389.457
Modal Kerja Bersih net working capital
2011
2012
2013
Laba (Rugi) Bersih terhadap Aset Return on Assets (ROA)
0.06
0.06
(0.01)
Laba (Rugi) Bersih terhadap Ekuitas Return on Equity (ROE)
0.16
0.16
(0.03)
Rasio Jumlah Liabilitas terhadap Aset Debt to Assets Ratio
0.60
0.61
0.73
Rasio Jumlah Liabilitas terhadap Ekuitas Debt to Equity Ratio
1.53
1.55
2.68
Rasio Lancar Current Ratio
1.01
0.97
0.81
Rasio Cepat Quick Ratio
0.69
0.64
0.55
Rasio Kas Cash Ratio
0.15
0.14
0.13
2012 (9.024)
2013 (105.918) 2011 2.732
Note : *) Disajikan kembali karena perubahan kebijakan akuntansi PSAK 1 | Restate due changes of accounting policy PSAK 1
10
laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
11
Informasi Saham share information
Pada tanggal 12 September 1989 Perusahaan memperoleh persetujuan dari Menteri Keuangan dengan surat No. SI-048/ SHM/MK-10/1989, untuk menawarkan saham Perusahaan kepada masyarakat. Pada tanggal 15 November 1989 saham tersebut telah dicatatkan pada Bursa Efek Indonesia (dahulu Bursa Efek Jakarta dan Surabaya).
On September 12, 1989, the Company received authorization from the Minister of Finance, in his decision letter No. Sl-048/ SHM/MK-10/1989 to offer its shares to the public. On November 15, 1989, the Company’s shares were listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
Pada tanggal 21 Juni 1993, Perusahaan memperoleh pernyataan efektif dari Ketua Badan Pengawas Pasar Modal (Bapepam) dengan suratnya No. 0154/PM/1993 untuk melakukan Penawaran Umum Terbatas Dengan Hak Memesan Efek Terlebih Dahulu sebesar 17.250.000 saham. Saham-saham tersebut dicatatkan pada Bursa Efek Indonesia (dahulu Bursa Efek Jakarta dan Surabaya) pada tanggal 22 Juli 1993.
On June 21, 1993, the Company obtained notice of affectivity from the chairman of Bapepam in his letter No. 0154/PM/1993 for its limited offering of 17,250,000 shares through rights issue to stockholders. On July 22, 1993, these shares were listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
Pada tanggal 18 Agustus 1998, Perusahaan telah melakukan pemecahan nilai nominal saham dari Rp 1.000 per saham menjadi Rp 500 per saham serta membagikan saham bonus dari agio saham sejumlah Rp 11.500.000.000.
On August 18, 1998, the Company has done stock split of its share which were from Rp 1,000 per share to Rp 500 per share and has distributed bonus shares from additional paid-in capital amounting to Rp 11,500,000,000.
Pada tanggal 7 Agustus 2008, Perusahaan telah melakukan pemecahan nilai nominal saham dari Rp 500 per saham menjadi Rp 250 per saham.
On August 7, 2008, the Company has done stock split of its share which were from Rp 500 per share to Rp 250 per share.
Pada tanggal 6 Juni 2012, perdagangan terhadap saham Perusahan dihentikan oleh PT. Bursa Efek Indonesia selama tiga hari bursa dikarenakan agenda Rapat Umum Pemegang Saham Luar Biasa terkait dengan pemecahan saham yang telah diumumkan dikoran tidak mencantumkan rasio pemecahan saham yang diajukan oleh Perusahaan.
On June 6, 2012, the Company’s shares trading has been stopped by PT Bursa Efek Indonesia for three trading days since agenda of Extraordinary Shareholders Meeting related with stock split which announce on newspaper not stated ratio of stock split propose by the Company.
Pada tanggal 8 Juni 2012, Perusahaan telah menyampaikan tanggapan dan pengajuan atas rasio pemecahan saham dan pada tanggal 11 Juni 2012, perdagangan saham Perusahaan di Pasar Modal kembali dibuka.
On June 8, 2012, the Company has submitted response and proposed of stock split ratio and on June 11, 2012, the Company’s shares trading were re-open in the Stock Market.
Pada tanggal 6 Nopember 2012, Perusahaan telah melakukan pemecahan nilai nominal saham dari Rp 250 per saham menjadi Rp 50 per saham. Pada tanggal 31 Desember 2012 dan 2013 seluruh saham Perusahaan atau sejumlah 690.000.000 lembar saham telah dicatatkan pada Bursa Efek Indonesia (dahulu Bursa Efek Jakarta dan Surabaya).
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laporan tahunan • annual report 2013 PT Berlina Tbk.
On November 6, 2012, the Company has done stock split of its share which were from Rp 250 per share to Rp 50 per share. As at December 31, 2012 and 2013, all of the Company’s outstanding shares totaling 690,000,000 shares have been listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
Laba Per Saham & Dividen Kas Per Saham Tahun 2007 - 2012 earning per share & cash dividend per share for years 2007 - 2012 Akhir Tahun For the Year Ended
Tanggal Pembayaran Date of Payment
Laba Per Saham (Rp) Earning Per Share (Rp)
Dividen Kas Per Saham (Rp) Cash Dividen Per Share (Rp)
2007
1 September 2008 September 1, 2008
150
50
2008
14 Agustus 2009 August 14, 2009
140
87
2009
16 Agustus 2010 August 16, 2010
146
87
2010
14 September 2011 September 14, 2011
251
90
2011
12 Oktober 2012 October 12, 2012
290
90
2012
27 November 2013 November 27, 2013
50
23
Informasi Harga Per Saham price information of company’s share Berikut ini disajikan tabel yang menunjukkan harga saham Perusahaan tertinggi dan terendah pada saat sebelum dan sesudah pemecahan Saham di Bursa Efek Indonesia tahun 2012 dan 2013.
The following table highlights the highest and the lowest price of Company’s share at the time before and after the split shares in Indonesia Stock Exchange in 2012 and 2013. Setelah Pemecahan Saham After Stock Split
Sebelum Pemecahan Saham Before Stock Split Tahun Year
2012
2013
Harga Jumlah Harga Jumlah Harga Harga Penutupan (Rp) Saham (Lembar) Tertinggi (Rp) Terendah (Rp) Penutupan (Rp) Saham (Lembar) Closing Prices Number of Share Highest Price Lowest Price Closing Prices Number of Share Traded Traded
Harga Tertinggi (Rp) Highest Price
Harga Terendah (Rp) Lowest Price
8.920.000
356
334
465
325.705.000
625
338
2.200
535
332.070.000
565
440
3.800
2.650
700
142.737.500
760
530
8.886.400
3.950
3.350
710
44.432.000
790
670
2.700
7.769.900
3.600
2.550
540
38.849.500
720
510
30 September 2013 September 30, 2013
2.550
3.217.100
2.750
2.250
510
16.085.500
550
450
30 Desember 2013 December 30, 2013
2.275
1.842.000
2.650
2.125
455
9.210.000
530
425
Kwartal Ke Quarter
Tgl Penutupan Closing Date
Pertama First
30 Maret 2012 March 30, 2012
1.690
1.784.000
1.780
1.670
338
Kedua Second
29 Juni 2012 June 29, 2012
2.325
65.141.000
3.125
1.690
Ketiga Third
28 September 2012 September 28, 2012
2.675
66.414.000
2.825
Keempat Fourth
28 Desember 2012 December 28, 2012
3.500
28.547.500
Pertama First
28 Maret 2013 March 28, 2013
3.550
Kedua Second
28 Juni 2013 June 28, 2013
Ketiga Third Keempat Fourth
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KRONOLOGIS PENCATATAN SAHAM DAN PERUBAHAN JUMLAH SAHAM DARI AWAL PENCATATAN HINGGA AKHIR TAHUN BUKU chronology listing of shares number of shares and change from beginning to end of year book listing Tahun Year 1989
Aksi Korporasi Corporate action
1998
Per 31 Desember 2012 | Per December 31, 2012
Jumlah Saham Nilai Nominal Per Lembar Modal disetor Number of shares Par Value Per Share Subscribed and Paid Up
Penawaran Perdana Initial Public Offering
4.000.000 1.750.000
Founder share Listed in BEJ
TOTAL 1993
Kepemilikan Saham PT Berlina Tbk shares ownership of pt berlina tbk
1.000 1.000
4.000.000.000 1.750.000.000
5.750.000
5.750.000.000
Penawaran Umum Terbatas Limited public offering Limited Public Offering Founder share Listed in BEJ
17.250.000 4.000.000 1.750.000
1.000 1.000 1.000
17.250.000.000 4.000.000.000 1.750.000.000
TOTAL
23.000.000
Pemecahan Nilai Saham Stock Split Saham Bonus Stock Bonus
46.000.000
500
23.000.000.000
23.000.000
500
11.500.000.000
TOTAL
69.000.000
23.000.000.000
Jumlah Modal Disetor (Rp) Total Paid-up Capital (Rp)
PT Dwi Satrya Utama
354,825,000
51,42%
17,741,250,000
Atmadja Tjiptobiantoro
40,032,000
5.80%
2,001,600,000
Lisjanto Tjiptobiantoro Presiden Komisaris President Comissioner
69,574,000
10.08%
3,478,700,000
120.000
0,02%
6,000,000
Masyarakat Public (masing-masing kurang dari 5% less than 5% each)
225,449,000
32.67%
11,272,450,000
TOTAL
690.000.000
100,00%
34.500.000.000
Oei Han Tjhim Komisaris Comissioner
34.500.000.000
2008
Pemecahan nilai saham Stock Split
138.000.000
250
34.500.000.000
2012
Pemecahan nilai saham Stock Split
690.000.000
50
34.500.000.000
Per 31 Desember 2013 | Per December 31, 2013
PERGERAKAN HARGA PENUTUPAN SAHAM (DISESUAIKAN SEBELUM PEMECAHAN SAHAM) closing price shares movement (adjusted before stock split) 4.500 4.000
3.550
3.500
2.550
2.500
2.700 1.770
2.700
2.275
2.325
1.500
Jumlah Saham Persentase Kepemilikan Number of Shares Percentage of Ownership
Nama Pemegang Saham Name of Shareholders
Jumlah Modal Disetor (Rp) Total Paid-up Capital (Rp)
PT Dwi Satrya Utama
354,825,000
51,42%
17,741,250,000
Atmadja Tjiptobiantoro
34,004,500
4,93%
1,700,225,000
Lisjanto Tjiptobiantoro Presiden Komisaris President Comissioner
64,974,000
9,42%
3,248,700,000
120.000
0,02%
6.000.000
Masyarakat Public (masing-masing kurang dari 5% less than 5% each)
236,076,500
34,21%
11.803.825.000
TOTAL
690.000.000
100,00%
34.500.000.000
Oei Han Tjhim Komisaris Comissioner
3.500
3.000 2.000
Jumlah Saham Persentase Kepemilikan Number of Shares Percentage of Ownership
Nama Pemegang Saham Name of Shareholders
1.690
1.000 500
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PERGERAKAN HARGA PENUTUPAN SAHAM (DISESUAIKAN SETELAH PEMECAHAN SAHAM) closing price shares movement (adjusted after stock split)
Anak Perusahaan PT Berlina Tbk subsidiaries pt berlina tbk Anak Perusahaan Subsidiaries PT Lamipak Primula Indonesia (LPI)
900 800
710
700
700
600 500 400
Hefei Paragon Plastic Packaging Co. Ltd. (HPPP)
354
300
Sidoarjo, Jawa Timur Sidoarjo, East Java Hefei, Cina Hefei, China
540 455
540
465
Domisili Domicile
510
338
200
Berlina Singapore Pte. Ltd.
-1 3 ec 30 -D
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c12 De 30 -
-1 2 ep 30 -S
-1 2 un 30 -J
-1 2 ar -M 30
ec -1 1 30 -D
1986
70%
Industri botol & cap plastik dan sikat gigi Manufacturer of bottle plastic & cap plastic and toothbrushes
2004
100%
-
100%
PT Quantex
Tangerang, Jawa Barat Tangerang, West Java
Industri Kemasan Plastik, Perdagangan & Jasa Plastic Packaging Industry, Trading & Services
2003
99%
PT Natura Plastindo
Pasuruan, Jawa Timur Pasuruan, East Java
Industri Pengolahan Plastik, Perdagangan & Jasa Platic Processing, Trading & Services
2013
99%
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laporan tahunan • annual report 2013 PT Berlina Tbk.
Tahun Operasi Persentase Komersial Kepemilikan Commercial Percentage of Operation Years Ownership
Industri laminasi plastik dan kemasan Manufacturer of plastic laminated tubes and packages
Singapura, Singapura Industri plastik dan perdagangan umum Singapore, Singapore Plastic industry and general trading
100
14
Jenis Usaha Type of Business
laporan tahunan • annual report 2013 PT Berlina Tbk.
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Sambutan Presiden Komisaris message from president commissioner
Lisjanto Tjiptobiantoro
Presiden Komisaris President Commissioner
Tidak seperti pada tahun 2012, pada tahun 2013 ini merupakan tahun yang sangat berat untuk Berlina Grup. Perubahan signifikan atas struktur ekonomi Indonesia mengakibatkan peningkatan signifikan atas biaya-biaya yang tidak diprediksan sebelumnya. Kami memulai dengan rasa optimisme yang tinggi pada awal tahun ketika diumumkannya peningkatan upah minimum yang akan dirubah. Akan tetapi, ketika telah ditetapkan bahwa peningkatan lebih dari 40%, kami serta para pelaku industri merasa kaget. Bisnis kami berkaitan erat dengan industri barang-barang konsumsi, sehingga peningkatan upah dan pertumbuhan atas kelas menengah sangat bagus untuk bisnis kami dimana konsumen akan mengkonsumsi lebih banyak. Akan tetapi, berbarengan dengan kenaikan upah berbagai dari daerah dimana beberapa peraturan pemerintah yang baru memperketat ekspor dan perdagangan ditambah dengan terpuruknya pasar komoditas. Hal tersebut mengakibatkan penurunan jumlah pekerja yang cukup besar, penundaan atas proyek investasi baru, dan hilangnya kepercayaan terhadap pasar baik oleh karyawan maupun pemilik bisnis. Oleh karena itu, peningkatan konsumsi yang telah diantisipasi sebelumnya tidak terjadi. Memburuknya situasi lebih lanjut diakibatkan oleh gabungan kenaikan tarif dasar listrik, pengurangan subsidi bahan bakar, dan melemahnya mata uang Rupiah. Hal yang paling signifikan adalah melemahnya mata uang Rupiah yang melebihi 25% pada semester kedua tahun 2013 yang mengakibatkan tergerusnya seluruh keuntungan yang telah kami dapatkan pada semester pertama tahun 2013.
Unlike 2012, 2013 was a very tough year for Berlina Group. Significant changes to the structure of the Indonesia economy resulted in significant cost increases that were not foreseen. We had started the year with great optimism when it was announced that minimum wages would continue to be revised upwards. However, when the final figure was announced at over 40%, we along with everyone in the industry were surprised. Our business is a derivative of the consumer consumption industry, so rising wages and growing middle class is great for our business as consumers will consume more. However, coupled with the astronomical wage increase were a few new government regulations restricting export and trade combined with the collapse of the commodities market. This resulted in massive worker reduction, delay of new investment projects and overall loss of confidence in the market by employees and business owners alike. Therefore, the anticipated increase in consumption did not materialize. Further exacerbation of the situation was compounded by the electricity increase, reduction of fuel subsidies and the depreciation of the Rupiah. The most significant was the currency depreciation of more than 25% in the 2nd half of 2013 that wiped out all the profits we made in the 1st half of 2013. For 2013, our revenues grew by 15% to Rp 961 billion but operating profit declined by 71% to 31 billion, resulting in a net loss of 12 billion. This was mainly due to our Berlina’s operations in Indonesia, including Lamipak Primula Indonesia, caused by the factors as described above. Our experience in Indonesia in 2013
Pada tahun 2013, pendapatan penjualan kami bertumbuh sebesar 15% menjadi Rp 961 Miliar tetapi laba usaha menurun sebesar 71% menjadi Rp 31 Milliar, menyebabkan kerugian bersih sebesar Rp 12 Milliar. Hal ini terutama disebabkan oleh kegiatan operasi Berlina di Indonesia, termasuk Lamipak Primula Indonesia, diakibatkan oleh faktor-faktor yang telah disebutkan diatas sebelumnya. Pengalaman kami di Indonesia pada tahun 2013 ini
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serupa dengan apa yang telah kami alami di Cina pada tahun 2011, dimana kami merasakan kenaikan upah minimum sebesar lebih dari 50% dan kenaikan signifkan atas biaya-biaya karena kenaikan inflasi yang amat tinggi.
is similar to our experience in China in 2011, where we had minimum wage increases of over 50% and significant costs increases due to super high inflation.
Meskipun demikian, ini merupakan keyakinan kami bahwa bisnis tersebut tetap kuat secara fundamental dalam jangka pendek sampai menengah. Pengalaman kami di Cina telah membuktikan demikian, bahkan dengan Cina mengalami pertumbuhan yang rendah dan pergolakan pada tahun 2010 / 2011, Anak Perusahaan Hefei Paragon Plastic Packaging Co., Ltd., (HPPP) terus menghasilkan tingkat pengembalian dan arus kas bebas yang bagus. Kami dengan senang melaporkan bahwa HPPP akan membayarkan dividen yang signifikan atas hasil tahun 2013 dan kami akan terus memperhatikan lebih banyak peluang untuk berinvestasi di Cina melalui HPPP.
Nevertheless, it is our belief that the business remains fundamentally sound in the short to medium term. Our experience in China has proven so, even with China experiencing lower growth and turmoil in 2010/2011, our subsidiary Hefei Paragon Plastic Packaging Co., Ltd., (HPPP) continues to generate good returns and free cash flow. We are happy to report that HPPP will be paying a significant dividend out of its 2013 results and we will be looking for more opportunities to invest in China through HPPP.
Seperti yang telah disebutkan pada tahun lalu, kami terus memperbaharui investasi mesin-mesin kami dikarenakan biaya-biaya produksi terus meningkat. Kami secara terus-menerus mencari terobosan-terobosan baru dan peluang-peluang investasi. Kami menyaksikan dan mengalami perubahan-perubahan atas berbagai model bisnis terutama dalam industri plastik dan laminasi tube dan kami senang telah memutuskan untuk melakukan investasi atas tekonologi baru 2 tahun yang lalu.
As mentioned last year, we continue to revamp our machine investments as cost inputs continue to rise. We are continuously looking for new pioneering ideas and investment opportunities. We are witnessing and experiencing changes to the various business models especially in our plastic and laminated tube business and are happy that we made the decision to invest in new technology 2 years ago.
Kami telah mengakuisisi tahun lalu, PT Quantex, sebuah perusahaan yang berfokus pada minyak pelumas motor
We made one acquisition last year, PT Quantex, a company that specializes in motor lubricant oil
laporan tahunan • annual report 2013 PT Berlina Tbk.
dan akan menggunakan Quantex sebagai sarana ujung tombak akan usaha kami pada segmen pasar tersebut dimana Berlina memiliki limitasi atas pasar tersebut selama beberapa tahun belakangan ini. Rencana pertumbuhan anorganik (diluar dari pertumbuhan pelanggan saat ini) akan tetap sama, melakukan akuisisi yang dapat memberikan Berlina baik rentang produk maupun pelanggan atau kedudukan yang lebih dalam dan kuat atas pelanggan.
and will use Quantex as a vehicle to spearhead our efforts in this market segment that Berlina has had limited presence in past years. Our inorganic plans remain the same, find acquisitions that will provide Berlina either a range of products and customers or deeper and stronger foothold with customers.
Kami mengarahkan Dewan Direksi agar lebih mewaspadai dan berfokus pada pencapaian Perusahaan jangka panjang dan tetap berkeyakinan terlepas dari kesulitan pada tahun 2013.
We are directing the Board of Directors to be vigilant and focus on the long term goals of the company and remain confident despite a very tough 2013.
Pada tahun 2014, kami akan merayakan 45 tahun beroperasinya Perusahaan. Oleh karena itu, kami ingin berterima kasih kepada para pelanggan, pemasok, dan rekanan bisnis kami atas dukungan mereka secara terus menerus. Kami juga ingin meyakinkan kembali para pemegang saham kami bahwa Berlina akan terus berjuang untuk lebih unggul pada masa-masa yang akan datang.
In 2014, we will celebrate our 45th year of operations. Therefore, we would like to thank our customers, suppliers and business partners for their continued support. We would like to reassure our shareholders that Berlina will continue to strive for excellence in the many years to come.
Lisjanto Tjiptobiantoro Presiden Komisaris President Commissioner
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Profil Dewan Komisaris
biography the board of commissioners LISJANTO TJIPTOBIANTORO Presiden Komisaris President Commissioner Lahir pada tahun 1949. Menjabat sebagai Komisaris Utama Perseroan sejak tahun 1997. Menyelesaikan pendidikan dibidang Teknik Mesin pada University of New South Wales, Australia tahun 1971, serta lulus dari pendidikan OPM di Harvard Business School pada tahun 1989 – 1990. Saat ini beliau juga menjabat sebagai Presiden Komisaris PT. Lamipak Primula Indonesia, Presiden Komisaris PT. Tifa Finance, Komisaris PT. Pabrik Tekstil Kasrie, Komisaris PT. Kinerja Selaras Utama, Komisaris PT. Dwi Satrya Utama, Komisaris PT. Djamico, Komisaris PT. Tifa Arum Realty, Komisaris PT. Arya Ventura Reality, Komisaris PT. Graha Lestari Cipta Kencana, Komisaris PT. Esjamat, Direktur Niaga Karya Tunggal.
Born in 1949 served as commissioner of the company since 1997. Finish the education field of Mechanical Engineering at the University of New South Wales, Australia in 1971, and graduated from OPM at Harvard Business School in the year 1989 to 1990. Currently he also serves as President Commissioner of PT. Lamipak Primula Indonesia, President Commissioner of PT. Tifa Finance, Commissioner of PT. Pabrik Tekstil Kasrie, Commissioner of PT. Kinerja Selaras Utama, Commissioner of PT. Dwi Satrya Utama, Commissioner of PT. Djatmico, Commissioner of PT. Tifa Arum Reality, Commissioner of PT. Arya Ventura Reality, Commissioner of PT. Graha Lestari Cipta Kencana, Commissioner of PT. Esjamat, Director of Niaga Karya Tunggal. OEI HAN TJHIM Komisaris Commissioner Lahir pada tahun 1947, lulusan dari H.T.S Bouwkunde di Belanda pada tahun 1974, dan ditunjuk sebagai Komisaris PT. Berlina Tbk sejak tahun 2001. Sebelum bergabung dengan PT. Berlina Tbk, beliau pernah bekerja di JP.v. Eesteren Holland, Ogem bv Saudi Arabia, GMC Cal Inc. Los Angeles California, CV Garuda Mas & Co. dan PT. Morposa Kiat Karsindo Indonesia. Saat ini beliau menjabat sebagai Manager Regional PT. Dwi Satrya Utama, Manager Regional PT. Tifa Arum Reality, Direktur Chew and Cheng (Singapore) dan Direktur PT. Esjamat.
Antonius Hanifah Komala Komisaris Independen Independent Commissioner
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Lisjanto Tjiptobiantoro Presiden Komisaris President Commissioner
Oei Han Tjim Komisaris Commissioner
Born in 1947, graduated from the HTS Bouwkunde in the Netherlands in 1974, and was appointed as a Commissioner of PT. Berlina Tbk since 2001. Before joining PT. Berlina Tbk, he has worked in JP.v. Eesteren Holland, Ogem bv Saudi Arabia, GMC Cal Inc.. Los Angeles California, CV Garuda Mas & Co. and PT. Morposa Karsindo Indonesia. Currently he also serves as the Regional Manager of PT. Dwi Satrya Utama, Regional Manager PT. Arum Reality Tifa, Director of Chew and Cheng Singapore and PT. Esjamat.
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ANTONIUS HANIFAH KOMALA Komisaris Independen Independent Commissioner Lahir pada tahun 1959. Meraih Honours Degree in Mechanical Engineering dari University College London di London pada tahun 1982 dan lulus Professional Examination I dari The Institute of Chartered Accountants di England dan Wales London pada tahun 1985. Beliau mengawali karirnya di PT. Berlina Tbk, sebagai Presiden Direktur di tahun 2003-2007 dan ditunjuk sebagai Komisaris PT. Berlina Tbk. Pada tahun 2007 dan tahun 2010 beliau ditunjuk sebagai salah satu dari Komisaris Independen perusahaan. Sebelum bergabung dengan PT. Berlina Tbk. Beliau pernah bekerja di Leigh Philip dan Partners Chartered Accountants London sebagai Senior Manager 1986-1990, menjabat Direktur Keuangan dan Presiden Direktur PT. Matahari Putra Prima Tbk 1990-2012 dan Managing Director of Treasury PT. Lippo Bank Tbk 1998-1999. Saat ini beliau juga menjabat sebagai Komisaris PT. Graha Megaria Raya, pemilik Cilandak Townsquare Group of Shopping Malls & Hotel dan Presiden Direktur PT Graha Power Kaltim yang bergerak dalam bidang Independent Power Plant. Born in 1959. Achieved Honours Degree in Mechanical Engineering from University College London in London 1982 and passed Professional Examination I from The Institute of Chartered Accountants in England and Wales London in 1985. He began his career at PT Berlina Tbk, as President Director in the years 2003 – 2007 and was appointed as Commissioner of PT Berlina Tbk. In 2007 and 2010 he was appointed as one of the company’s Independent Commissioner. Before joining PT Berlina Tbk. He has worked in Leigh Philip and Partners Chartered Accountants London as a Senior Manager 1986 – 1990, serving Finance Director and President Director PT Matahari Putra Prima 1990 – 2012 and Managing Director of Treasury PT Lippo Bank Tbk 1998 – 1999. Currently he also serves as Commissionner PT Graha Megaria Raya, owner Cilandak Town Square Group of Shopping Malls & Hotel and President Director of PT Graha Power Kaltim in the field of Independent Power Plant.
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laporan tahunan • annual report 2013 PT Berlina Tbk.
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Sambutan Presiden Direktur message from president director
Lim Eng Khim
Presiden Direktur President Director
24
laporan tahunan • annual report 2013 PT Berlina Tbk.
Pada tahun 2013, pendapatan kami tumbuh sebesar 15% menjadi sebesar Rp 960 miliar, laba usaha mengalami penurunan sebesar 65% menjadi sebesar Rp38 miliar dan kami melaporkan kerugian bersih sebesar Rp 12 miliar untuk tahun fiskal 2013 dan EBITDA keseluruhan sebesar Rp128 miliar. Termasuk didalam kerugian ini adalah kerugian selisih kurs mata uang asing belum terealisasi sebesar Rp 57 miliar.
In year 2013, our revenues grew by 15% to Rp 960 billion, operating profit declined by 65% to Rp38 billion and we reported a net loss of Rp 12 billion for the fiscal year of 2013 and overall EBITDA of Rp128 billion. Included in this loss is a non-realized foreign exchange loss of Rp 57 billion.
Seperti hasil yang telah ditunjukkan, tahun 2013 menjadi tahun yang sangat menantang bagi Berlina Group, terutama untuk operasi kami di Indonesia. Kami memulai tahun dengan momentum dan optimis yang besar dari tahun yang sangat bagus pada 2012. Kami menyadari diskusi akan peningkatan upah minimum berkesinambungan, dikarenakan bisnis kami mengandalkan tingkat pertumbuhan konsumsi, maka peningkatan pendapatan adalah sesuatu yang sangat kami harapkan daripada kami takutkan. Akan tetapi, ketika pemerintah mengumumkan peningkatan gaji sebesar 40%, ini merupakan sesuatu yang belum siap diterima oleh secara ekonomi. Peningkatan yang ekstrim atas biaya diperparah dengan pelemahan harga barang-barang komoditas yang diakibatkan oleh penurunan eksport komoditas menciptakan suatu kondisi yang kurang kondusif dan yang secara cepat memperparah situasi. Sebagai hasilnya, terdapat pemecatan pekerja secara masal, penutupan pabrik and perpindahan ke provinsi yang lebih murah, dan penundaan investasi, semua mengarah kepada hilangnya kepercayaan akan ekonomi pada umumnya. Bersamaan dengan hilangnya kepercayaan adalah peningkatan atas biaya-biaya pabrikasi lain seperti peningkatan tarif listrik, pengurangan subsidi bahan bakar dan yang paling buruk adalah depresiasi Rupiah menjadi Rp 12.600 per USD yang merupakan paling rendah dalam 5 tahun terakhir. Depresiasi Rupiah pada semester kedua tahun 2013 secara efektif menghapus seluruh keuntungan yang telah terakumulasi pada semester pertama tahun 2013.
As the results show, 2013 turned out to be a very challenging year for Berlina Group, especially for our Indonesian operations. We had started the year with great momentum and optimism from the great year we had in 2012. We were aware of the discussions for continued increases in minimum wages, since our business relies on strong consumption growth - rising incomes are something that we should embrace instead of being fearful of. However, when the government announced that wages would increase by 40%, it was something that the economy was not prepared for. The extreme increase in cost was coupled with a collapse in commodity prices exacerbated by the decline in commodity exports created a negative situation that quickly spiraled downwards. As a result there were mass layoffs, factory closures and relocation to cheaper provinces, and investment delays, all leading to a general loss of confidence in the economy. Compounding the loss of confidence were significant increases in other cost inputs like the electricity increase, reduction of fuel subsidies and worse of all the depreciation of the Rupiah to a 5-year low of Rp 12,600 to USD. The Rupiah depreciation in the 2nd half of 2013 effectively wiped out the profits we accumulated in the 1st half of year 2013.
Secara keseluruhan, kami gagal mencapai target yang telah kami tetapkan pada tahun 2013. Walaupun tim telah bekerja keras, ini merupakan tahun yang mengecewakan dengan banyak tantangan yang dihadapi.
Overall, we missed the targets we set for ourselves in 2013. Whilst the team worked hard, it was a disappointing year with many headwinds going against us.
laporan tahunan • annual report 2013 PT Berlina Tbk.
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Kami telah mengalami kondisi-kondisi sulit seperti ini sebelumnya di Cina pada tahun 2011, dimana upah minimum meningkat lebih dari 50% dan tekanan akan inflasi yang tinggi mengakibatkan kenaikan yang signifikan atas biaya-biaya. Pada tahun 2013, Operasional kami di China berkembang pesat dan merupakan unit bisnis yang sangat menguntungkan. Model bisnis kami cukup kuat untuk mengalami kenaikan biaya jangka pendek hingga 5% karena kami mampu memberikan sebagian besar biaya kami kepada pelanggan. Akan tetapi, ketika biaya meningkat lebih dari 5% dalam waktu cepat, kami mengalami keterlambatan siklus biaya dan tidak mampu untuk memberikan biaya-biaya tersebut kepada para pelanggan kami secara tepat waktu.
We have experienced these tough conditions before in China in year 2011, where minimum wage had increase by over 50% and high inflationary pressures resulted in significant increase in costs. In year 2013, our China operations is robust and the most profitable business unit. Our business model is robust enough to take on short-term cost increases of up to 5% as we are able to past most of our cost onto the customer. However, when cost increases by more than 5% in rapid succession, we find ourselves behind the cost curve and unable to pass on the costs in time to our customers.
Kami sangat berharap untuk bangkit kembali dari situasi tersebut pada tahun 2014 dengan hasil yang bagus, dengan asumsi bahwa struktur biaya akan tetap stabil pada tahun 2014, dikarenakan fundamental yang mendasari bisnis kami tetap kuat. Kami memiliki pengalaman di Cina sebagai bukti, dimana Anak Perusahaan kami, Hefei Paragon Plastic Packaging Pte Ltd (HPPP), terus menghasilkan keuntungan yang bagus.
We fully expect to bounce back from this situation in 2014 with a strong result, assuming that the cost structure remains stable in 2014, as the underlying fundamentals of our business remains strong. We have our experience in China as evidence, where our Subsidiary, Hefei Paragon Plastic Packaging Pte Ltd (HPPP), continues to generate strong returns.
Kami masih melaksanakan rencana strategis kami bersamaan dengan tema "Lebih cepat, Lebih baik, Lebih besar", dimana pada tahun 2013 kami melaksanakan satu akuisisi, PT Quantex, sebuah perusahaan yang mengkhususkan diri dalam kemasan plastik minyak pelumas motor. Kami juga terus mencari bakat baru untuk bergabung dengan kami dan juga merubah struktur organisasi untuk memperkuat operasional kami. Di antara perubahan organisasi utama yang terjadi, Jonny Wijaya telah mengundurkan diri dari jabatannya sebagai Direktur Operasional untuk Berlina Indonesia dan kami mutasi Lau Chek Kiong (Alex Lau) dari China ke Indonesia untuk menempati posisi sebagai Chief Operating Officer untuk seluruh group. Kami terus memperkuat posisi manajemen senior dan menengah dari sumber-sumber internal maupun eksternal. Kami terus merubah teknologi dan kapasitas melalui investasi baru dikarenakan biaya-biaya pabrikasi terus meningkat.
We are still executing our strategic plans along the theme of “Faster, Better, Bigger”, where in 2013 we made one acquisition, PT Quantex, a company that specializes in motor lubricant oil plastic packaging. We also continue to seek new talent to join us and also revamp our organization structure to strengthen our operations. Amongst the key organization changes that happened, Jonny Wijaya resigned from his position as Operations Director for Berlina Indonesia and we moved Lau Check Kiong (Alex Lau) from China to Indonesia to assume the position as Chief Operating Officer for the whole group. We continue to strengthen senior and middle management positions from internal as well as external sources. We continue to revamp our technology and capacity profile through new investments as cost inputs continue to rise.
laporan tahunan • annual report 2013 PT Berlina Tbk.
Pada tahun 2013, terdapat tanda peningkatan atas belanja modal dimana kami menginvestasikan hampir USD 20 juta atas fasilitas baru di Cikarang dan mesin-mesin baru di semua pabrik-pabrik kami untuk meningkatkan kapasitas kami secara keseluruhan. Investasi tersebut meliputi ekspansi di PT Lamipak Primula Indonesia dan anak perusahaan yang baru dibentuk yang akan bergerak dalam perdagangan resin plastik dan industry pengolahan plastik, PT Natura Plastindo. Kami akan terus memposisikan Berlina untuk memimpin perubahan dalam model bisnis kemasan dan berinvestasi pada teknologi canggih, seperti yang telah kami lakukan ketika kami pertama kali memulai 45 tahun yang lalu.
In 2013, there was a mark increase in capital expenditure as we invested almost USD 20 million in new facilities in Cikarang and new machineries in all our factories increasing our overall capacity. These investments include expansion at PT Lamipak Primula Indonesia and newly formed subsidiary that will trade in plastic resins and plastic processing industry, PT Natura Plastindo. We are continuing to position Berlina to lead the changes in the packaging business models and invest in cutting edge technologies, like we did when we first started 45 years ago.
Fokus kami untuk mencapai “Lebih cepat, lebih baik, lebih besar” akan terus mencakupi pilihan organic dan anorganik. Rencana anorganik kami berfokus untuk mencari akuisisi yang akan memberikan Berlina baik penambahan variasi rentang produk dan teknologi atau kedudukan yang lebih dalam dan kuat dengan pelanggan yang sudah ada. Secara pertumbuhan organik kami akan terus melakukan apa yang kami lakukan dengan baik, yaitu menyediakan kepada pelanggan kami kebutuhan akan kemasan mereka dalam kualitas yang bagus, kuantitas yang tepat pada harga yang paling kompetitif. Kami berusaha untuk mengkonsolidasikan keunggulan posisi kami pada industri tersebut dengan rencana pertumbuhan organic dan anorganik kami.
Our focus on getting “Faster, Better, Bigger” will continue to encompass organic and inorganic options. Our inorganic plans focus on finding acquisitions that will provide Berlina either an additional range of products and technology or deeper and stronger foothold with existing customers. Organically we will continue to do what we do well, that is provide our customers with their packaging needs in the right quality, right quantity at the most competitive price. We seek to consolidate our leading position in the industry with our organic and inorganic growth plans.
Kami menantikan tahun 2014, dikarenakan kami akan merayakan 45 tahun operasional kami dan dengan rencana strategis, kami harapkan untuk tetap berbisnis pada masa yang akan datang. Kami ingin berterima kasih kepada para pelanggan kami, para pemasok dan para mitra bisnis atas dukungan mereka tanpa henti.
We look forward to 2014, as we will celebrate our 45th year of operations and with our strategic plans, we expect to remain in business for many years to come. We would like to thank our customers, suppliers and business partners for their continued support.
Lim Eng Khim Presiden Direktur President Director
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Profil Dewan Direksi
biography the board of directors LIM ENG KHIM Presiden Direktur President Director Lahir pada tahun 1974. Lulusan dibidang Property Valuation dan Bisnis dari Fakultas Ekonomi dan Keuangan University of South Australia dan meraih gelar Master dibidang Sekuritas Investasi dan Perbankan International dari ISMA Center, University of Reading Inggris. Beliau ditunjuk sebagai Presiden Direktur PT Berlina Tbk., sejak 19 November 2010. Sebelumnya beliau pernah bekerja di PT Bank International Indonesia Tbk., PT Bank Lippo Tbk., PT Kencana Internusa Artha Finance (KITA Finance) dan Khazanah Nasional Berhad. Beliau juga pernah bekerja di Konsultan Mc. Kinsey & Company. Born in 1974. Graduates in the field of Property Valuation and Business from Faculty of Economics and Finance University of South Australia and holds a Masters Degree in the field of International Securities Invesment and Banking from ISMA Center, University of Reading in England. He was appointed as President Director PT Berlina Tbk., since 19 November 2010. Before working as President Director of the company, he worked at PT Bank Intenational Indonesia Tbk., PT Bank Lippo Tbk., PT Kencana Internusa Artha Finance (KITA Finance) and Khazanah Nasional Berhad. He also working in Consulting Mc. Kinsey & Company. LUKMAN SIDHARTA Direktur Director Lahir pada tahun 1956. Lulusan Universitas Trisakti, Teknik Mesin pada tahun 1981. Beliau telah memiliki pengalaman di operasional pada beberapa pabrik dan perusahaan. Sebelum bergabung di PT Berlina Tbk,. Diantaranya di PT Roda Mas Co. Ltd dan di PT Berlina Tbk . Dan anak perusahaan pada tahun 1984 – 1996 serta di PT Asia Victory Industry sebelum ditunjuk sebagai Direktur Perusahaan pada tahun 2003. Born in 1956. Graduate fromTrisakti University, Mechanical Engineering in 1981. He has experience in operating in some factories and Companies. Before joining the PT berlina Tbk . Them in PT Roda Mas Co. Ltd and the PT Berlina Tbk. Ans its subsidiaries in the year 1984 – 1996 as well as in PT Asia Victory Industry, before being appointed ad Director of the Company 2003.
Lukman Sidharta Direktur Director
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laporan tahunan • annual report 2013 PT Berlina Tbk.
Lim Eng Khim Presiden Direktur President Director
Lau Chek Kiong Direktur Director
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LAU CHEK KIONG Direktur Director Lahir pada tahun 1974. Lulusan dibidang Psychology National University Malaysia, pada tahun 1999. Beliau ditunjuk sebagai Direktur PT Berlina Tbk sejak 1 Juli 2013. Sebelum bergabung di PT. Berlina Tbk. Beliau pernah bekerja di Hefei Paragon Plastic Packaging Co. Ltd (anak perusahaan PT Berlina Tbk) sebagai General Manager pada tahun 2011. Beliau memiliki pengalaman di bidang Industri Packaging selama 14 tahun. Sebelum bergabung dengan PT Berlina Tbk beliau pernah bekerja di International Paper Packaging Malaysia SDN BHD, SCA Packaging Malaysia SDN BHD, Tritex Containers SDN BHD dan Golden Corrugated SDN BHD. Born in 1974. Graduates in the field of Psychology, National University of Malaysia, in 1999. He was appointed as a Director of PT Berlina Tbk since July 1, 2013. Before joining the PT. Berlina Tbk. He has worked in Hefei Paragon Plastic Packaging Co. Ltd. (subsidiary of PT Berlina Tbk) as General Manager in 2011. He has experience in the field of Industrial Packaging for 14 years. Prior to joining PT Berlina Tbk he working in International Paper Packaging Malaysia SDN BHD, SCA Packaging Malaysia SDN BHD, Tritex Containers SDN BHD, and Golden Corrugated SDN BHD. KARSONO PROBOSETIO Sekretaris Perusahaan Corporate Secretary Lahir pada tahun 1985. Lulusan Universitas Tarumanegara, Ekonomi – Akuntansi di tahun 2007. Beliau memiliki pengalaman dalam bidang administrasi keuangan selama beberapa tahun. Beliau di tunjuk sebagai Sekretaris Perusahaan PT Berlina Tbk pada tahun 2011. Sebelum bergabung dengan PT Berlina Tbk beliau pernah bekerja di Deloitte Indonesia. Born in 1985. Graduted from University Tarumanegara, majoring Economics – Accountancy in 2007. He experiences financial administrations for several years. He was appointed as Corporate Secretary of PT Berlina Tbk, in 2011. Prior joined with PT Berlina Tbk., he worked a Deloitte Indonesia.
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laporan tahunan • annual report 2013 PT Berlina Tbk.
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Tim Berlina berlina team
Technical Development Team
Manufacturing Team
114.169
Marketing Team
HRD Team
Duduk dari kiri ke kanan Seated from left to right :
Erlia Shintarini, Lim Eng Khim, Bina Imansiati Berdiri dari kiri ke kanan Standing from left to right :
Karsono Probosetio, Lukman Sidharta, Roberto Bernhardeta, Robby Hartono, Liew Lai Sin
SCM Team
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laporan tahunan • annual report 2013 PT Berlina Tbk.
Finance & Accounting Team
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Sekilas Tentang Hefei Paragon Plastic Packaging Co. Ltd., Cina Hefei Paragon Plastic Packaging Co. Ltd., china in brief
Liew Lai Sin General Manager | General Manager
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HPPP Profile Hefei Paragon Plastic Packaging Co. Ltd. (HPPP) merupakan anak perusahaan PT Berlina Tbk., yang didirikan diatas lahan seluas 43.333 m2 dan terletak di Kawasan Industri Baohe, Hefei, Povinsi Anhui, Cina. Berfokus untuk memproduksi botol dan cap plastik, focus yang sama dengan PT Berlina Tbk., fasilitas produksi HPPP dilengkapi dengan 22 unit mesin Blow Moulding, 2 unit mesin Injection Moulding, 5 unit mesin perekat stiker label berkecepatan tinggi, 1 unit mesin label OPP, dan 2 unit mesin steam tunnel shrink sleeve.
HPPP Profile Hefei Paragon Plastic Packaging Co. Ltd. (HPPP) is a subsidiary of PT Berlina Tbk, which was built on land with total area 43,333 ㎡and located in Baohe Industrial Zone, Hefei, Anhui Province, China. Focusing on Plastic bottles and cap manufacturer, the same focus as PT Berlina Tbk., HPPP’s manufacture facilities equipped with 22 units of Blow Molding machines, 2 units of Injection Moulding machines, 5 units of high speed adhesive sticker labeling machine, 1 unit of OPP labeling machine, and 2 units of steam tunnel shrink sleeve machine.
Tujuan HPPP telah bekerja dengan kualitas yang lebih bagus, kapasitas yang lebih besar, dan penjualan yang lebih tinggi dalam rangka untuk memenuhi tujuan dan performa secara keseluruhan. Perusahaan percaya bahwa kualitas selalu menjadi persyaratan utama untuk pelanggan kami, peningkatan mutu akan kualitas kami secara terus menerus adalah kunci utama untuk mempertahankan kepuasan para pelanggan kami.
Mission HPPP has worked towards a Better quality, bigger capacity, and higher turnaround in order to meet overall goal and performances. The company believe that quality has always been a major requirement to our customers, continuously improve in our quality is our key to maintain customer satisfaction.
laporan tahunan • annual report 2013 PT Berlina Tbk.
Kami telah membangun fasilitas ekstra dalam pabrik kami untuk meningkatkan kapasitas penyimpanan dalam rangka untuk menjaga pertumbuhan kami dan melayani para pelanggan kami dengan lebih baik.
We have built extra facility in our plant to increase storage capacity in order to maintain our growth and serve our customers better.
Pencapaian Pada tahun 2013, HPPP berhasil memperoleh Sertifikasi BRC/IOP (British Retail Consortium bekerja sama dengan Institute of Packaging) Global Standard for Packaging Material Issue 4, sertifikat yang membuktikan bahwa infrastruktur pabrik dan proses pembuatan kemasan plastik kami telah memenuhi standar global untuk kemasan dan bahan baku kemasan yang dimana tidak hanya penting untuk keselamatan pelanggan, tetapi juga pentingnya kemasan atas suatu produk memberikan peranan melebihi dan diatas fitur tradisional terhadap isi, menjaga, melindungi, dan memberitahu, dan sertifikasi ini telah diakui oleh para pelanggan kami.
Achievement In 2013, HPPP has achieved BRC/IOP (British Retail Consortium in conjunction with the Institute of Packaging) Global Standard for Packaging Material Issue 4 certification, certificate that prove our plant infrastructure and plastic packaging process are in compliance with global standard for packaging and packaging material which not only necessity for consumer safety, but also the importance that packaging of a products plays over and above the traditional features of contain, preserve, protect and inform, and this is also recognized by our customer.
Perusahaan juga telah diberikan perhargaan atas Standar Keselamatan Kerja Perusahaan yang diterbitkan oleh Pemerintah Cina. Sertifkat ini lebih meningkatkan standar keselamatan atas lingkungan kerja pabrik.
The company has also been awarded Work Safety Standardization of enterprises issued by the China government. This certification has further enhanced our safety standard in our process manufacturing environment. laporan tahunan • annual report 2013 PT Berlina Tbk.
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Memberikan pelatihan dan pengembangan keterampilan seperti pelatihan dalam departemen dan team building tentunya memberikan kontribusi atas berkurangnya perputaran karyawan sebesar 1% jika dibandingkan dengan tahun 2012. Kami selalu percaya bahwa karyawan merupakan aset paling berharga kami.
Providing employee training and skills development such as inter-department training and team building has certainly contribute to the employee turnover rate reduction by 1% as comparing to year 2012. We always believe that employees are our best assets.
Tantangan Perusahaan mengalami dampak atas biaya langsung yang diakibatkan oleh Pemerintah Cina pada pertengahan tahun 2013 dimana upah minimum mengalami kenaikan sebesar 25% secara keseluruhan. Perusahaan melakukan pemetaan ulang tenaga kerja dan implementasi lebih banyak proses otomatisasi untuk mengatasi timbulnya kelebihan atas biaya upah.
Challenges The company faces a Direct Cost Impact imposed by the China government in mid 2013 whereby the overall Hefei minimum wage was increase by 25%. The Company have reorganized man-mapping and implement more automation to cover the extra labor cost incurred.
laporan tahunan • annual report 2013 PT Berlina Tbk.
Ekspektasi dari para pelanggan kami telah memberikan lebih banyak tantangan dari tahun ke tahun. Ekspektasi para pelanggan atas kualitas yang lebih baik, pengiriman tepat waktu yang lebih baik, dan harga yang lebih baik telah memotivasi kami untuk terus maju dan berkembang secara lebih efektif agar Perusahaan lebih kompetitif dimana tujuan dan target yang lebih tinggi dapat tercapai.
Our customers expectation post more challenges year after year. Customers expectation on better quality, better on time delivery, and better pricing has motivate us to progress and grow effectively so the Company are more competitive whereby higher goal and target can be achieved.
Pada akhirnya kamu ingin menunjukkan penghargaan yang besar kepada seluruh pemegang saham atas dukungan mereka yang tanpa henti dan kami mengharapkan tahun 2014 akan menjadi tahun yang sejahtera untuk HPPP dan kami mengharapkan hasil yang lebih baik dan perkembangan kedepannya.
Finally we would like to show our great appreciation to all shareholders for their continuous support and we are hoping 2014 will be a prosperous year for HPPP and we look forward to better results and improvement ahead.
Liew Lai Sin General Manager General Manager Hefei Paragon Plastic Packaging Co. Ltd.,
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Sekilas Tentang PT Lamipak Primula Indonesia PT Lamipak Primula Indonesia in brief
Widya Noerlan
Presiden Direktur | President Director
Tahun 2013 adalah tahun yang sangat sulit dan penuh tantangan. Dalam kurun waktu beberapa tahun terakhir, saya melihat bahwa tahun 2013 adalah tahun yang paling sulit akibat tekanan eksternal dari situasi bisnis di sekeliling kita. Di awal tahun 2013, kita harus menghadapi kenaikan upah minimum yang sangat tinggi dan belum pernah terjadi sebelumnya, yang mencapai 37%. Kenaikan upah minimum ini pasti mengakibatkan kenaikan biaya-biaya lainnya di proses manufaktur kita, mulai dari biaya bahan baku, bahan pendukung dan biaya produksi. Kenaikan biaya ini menjadi lebih tinggi lagi akibat kenaikan Tarif Dasar Listrik yang diumumkan Pemerintah mulai Januari 2013. Kenaikan biaya listrik ini tentu saja berpengaruh langsung terhadap biaya proses kita. Tantangan yang terjadi seakan belum cukup, pukulan lain datang dari kenaikan BBM yang lebih dari 44% di bulan Juni 2013. Dampak keseluruhan dari semua kenaikan di atas adalah sangat luar biasa
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laporan tahunan • annual report 2013 PT Berlina Tbk.
Year 2013 was incredibly rough and challenging. During the past few years, I would say that year 2013 was the toughest due to high pressure from external business environment. In the beginning of the year, we had to face the unprecedented increase of minimum wage up to 37%. This minimum wage increment definitely triggered other increment in all manufacturing costs, from raw material costs, supplies and production costs. The cost increase was even higher due to increment of electricity cost announced by the Government from January 2013. This electricity cost increment obviously had direct impact to our processing cost. It looked like the challenge was not hard enough, another hit came from the increment of fuel cost of more than 44% in June 2013. The total impact of all those increments was enormous
dan kenaikan tajam di biaya seperti ini tidak dapat cepat diatasi dalam jangka pendek untuk industri kemasan dengan margin tipis seperti kita.
and this sharp hike in cost definitely could not be immediately remedied in short term for thin margined packaging industry like us.
Di atas semuanya itu, situasi ekonomi bertambah sulit akibat ke tidak-stabilan nilai tukar mata uang asing, di mana nilai tukar dari USD ke IDR telah naik lebih dari 26% selama tahun 2013, dari IDR 9,700 per USD di Januari, menjadi IDR 12,300 di akhir tahun. Kita harus menghadapi resiko kerugian forex yang tinggi.
On top of that, the economic situation became even harder with volatile exchange rate, where exchange rate of USD to IDR has increased for more than 26% in 2013, from IDR 9,700 per USD in January to IDR 12,300 at the end of the year. Inevitably, we had to face the risk of high forex loss.
Dengan kondisi eksternal bisnis yang tidak mendukung seperti di atas, kenaikan market di tahun 2013 tidak seperti yang diprediksikan saat awal tahun. Namun demikian, kita tetap harus bersiap untuk menghadapi tantangan baru dan juga kesempatan baru di tahun 2014. Oleh sebab itu, di tahun 2013 kita menambah kapasitas sebagai persiapan untuk menghadapi kenaikan market di tahun 2014. Penambahan kapasitas
With this unfavorable external business environment, the market growth in 2013 was not as predicted in the beginning of the year, however, we have to gear up to take new challenges and also new opportunities in 2014. Therefore, in 2013, we have added our capacity for expected market growth in 2014. This additional capacity
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One most crucial aspect in the manufacturing business like us is our People. Our team is the most valuable asset to bring this company to the most competitive level in this high challenging environment, where the pressure from the customer is increasing, added with external economic situation which still has high volatility. Therefore, we keep going in developing and shaping our team, taking them to the next level with strong mindset and culture to be persistent in achieving our target.
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ini telah dilengkapi dengan fasilitas yang diperlukan untuk memenuhi kebutuhan market yang makin meningkat, sesuai dengan harapan konsumen untuk melihat kemasan yang lebih atraktif.
has been equipped with all necessary facilities to accommodate growing demand, in line with the consumer expectation to see more attractive packaging.
Sejalan dengan penambahan kapasitas, kita juga menambah fasilitas warehouse sebagai infrastruktur yang diperlukan untuk meningkatkan logistik kita dan memastikan delivery kepelanggan yang akurat dan tepat waktu.
Along with the additional capacity, the warehouse facility has been expanded as well to provide necessary infrastructure to improve our logistic and to ensure accurate and on time deliveries to our customers.
Untuk mengintegrasikan semua aktifitas kita, system ERP yang telah diimplementasikan sejak tahun 2013 yang meliputi semua proses operasional kita, mulai dari Sales & Marketing, Supply Chain, Manufacturing & Plant Maintenance sampai Human Resources dan Financial System, akan lebih ditingkatkan lagi di tahun 2014. Hal ini akan meningkatkan efisiensi dan efektifitas operasional kita melalui informasi yang akurat, cepat dan tepat waktu.
To integrate all of our activities, the ERP system that has been implemented since 2013 which covers all of our operational processes, from Sales & Marketing, Supply Chain, Manufacturing & Plant Maintenance to Human Resources and Financial System, will be enhanced more in 2014. It will be further increasing our operational efficiency and effectiveness by having more accurate and faster information in timely manner.
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Satu aspek yang sangat krusial di dalam bisnis manufaktur seperti kita adalah Orang. Team kita merupakan aset yang sangat berharga untuk membawa perusahaan ini ke level yang paling kompetitif di tengah situasi bisnis yang sangat menantang, di mana tekanan dari pelanggan terus meningkat, di tambah dengan kondisi ekonomi eksternal yang tidak stabil. Oleh sebab itu, kita terus mengembangkan dan membentuk team kita, membawa mereka ke level yang lebih tinggi dengan pola pikir dan budaya yang kuat supaya dengan gigih mencapai target kita.
With this preparations and all lessons learnt in 2013, we are looking at 2014 with confidence to have much better year. I sincerely thank you for the support from all customers, suppliers, shareholders and employees during the past year and let’s conquer the new challenges in 2014…
Dengan semua persiapan di atas dan pelajaran yang kita alami di tahun 2013, kita dengan percaya diri menghadapi tahun 2014 yang lebih baik. Saya berterima kasih kepada seluruh pelanggan, pemasok, pemegang saham dan karyawan yang telah mendukung kami di tahun yang lalu. Kita hadapi tantangan di tahun 2014…
Widya Noerlan Presiden Direktur President Director PT Lamipak Primula Indonesia
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Sekilas Tentang PT Quantex PT Quantex in brief
Robby Hartono Direktur | Director
PT Quantex terbentuk pada bulan Oktober 2003 dengan kegiatan utama sebagai Pabrik plastik yang bertempat di Jakarta Barat. Memulai operasi dengan sebuah mesin Injection Moulding dari Arburg dan dua mesin berkecepatan tinggi Blow Moulding dari SMC. Salah satu prestasi yang telah dicapai adalah memproduksi tutup botol dengan menggunakan kombinasi dua warna berbeda. Kami bekerja sama dengan konsultan mould kami untuk mengembangkan dua komponen Injection Mould yang pertama kali di produksi di Indonesia Melalui komitmen kami atas kualitas produk dan pelayanan, kami secara terus menerus menjaga pertumbuhan yang luar biasa bersamaan dengan para pelanggan kami. Kebutuhan para pelanggan kami akan selalu menjadi fokus utama kami dan kami akan selalu berusaha keras untuk memberikan pelayanan terbaik secara terus menerus seperti dukungan atas pengembangan aplikasi produk baru dan efisiensi biaya.
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PT Quantex was established on October 2003 majoring in Manufacturer of plastic products located in West Jakarta. Started with a single Injection Mould machine from Arburg and two High Speed Blow Moulding machines from SMC. One of our milestones was to produced a bottle cap using a combination of two different colours. We worked alongside with our mould consultant to develop the first ever two-component injection mould produced in Indonesia.
Through
our commitments for products quality and services, we have continuously sustained tremendous growth together with our customers. Our customers need will always be our main focus, and we strive to continuously provide excellent services such as support in the development of new product applications and cost efficiency.
Untuk memberikan pelayanan yang lebih baik kepada para pelanggan kami, kami telah menempati fasilitas baru seluas 10.000 m2 di Tangerang dan telah memperoleh sertifikat ISO 9001:2008. Selama beberapa tahun, kami telah memposisikan diri kami sebagai pemain utama dalam kemasan plastik untuk industry minyak pelumas, dengan pelanggan seperti Suzuki, Idemitsu, Prestone, Honda, Nisaan, dan Kawasaki.
To serve our customers better, we have moved to a new 10.000m2 facilty in Tangerang and has certified for ISO 9001:2008. Over the years, we are positioning ourselves to be the key players in plastic packaging for the lubricants oil industry, with customers such as Suzuki, Idemitsu, Prestone, Honda, Nissan, and Kawasaki.
Sejak bulan Juni 2013, kami telah diakuisisi oleh PT Berlina Tbk. Dengan PT Berlina Tbk., sebagai pemegang saham utama dan bersama dengan pengalaman kami pada masa lalu, kami sangat antusias dan berkomitmen untuk selalu menjadi rekanan yang dapat diandalkan untuk kebutuhan kemasan plastik atas industri minyak pelumas.
As of June 2013, we have been acquisitioned by PT Berlina Tbk. With PT Berlina Tbk., as our major shareholders and alongside with our past experiences, we are very keen and commit to always be a reliable partner for the needs of plastic packaging for the lubricant oil industry.
Robby Hartono Direktur Director PT Quantex
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Risiko Usaha business risk
Dalam menjalankan usaha, Perusahaan tidak terlepas dari risiko yang dapat mempengaruhi pencapaian usaha Perusahaan. Berkaitan dengan hal tersebut, Perusahaan sedapat mungkin berupaya untuk mengantisipasi dan mempersiapkan penanganan atas risiko-risiko tersebut, sehingga dapat meminimalkan dampak negatif yang mungkin timbul. Menurut manajemen Perusahaan, risiko usaha yang dihadapi Perusahaan adalah sebagai berikut:
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While running its business, the Company can’t stay away from risks which could affect its business achievement. In connection with this matter, the Company takes best efforts to anticipate and prepare solution against the risks in order to minimize any bad impact which may arise. According to the Management, business risks faced by the Company are as follows:
RISIKO BAHAN BAKU Selain dari faktor pemasokan dan permintaan, hampir semua harga bahan baku yang berbahan dasar minyak terpengaruh secara langsung oleh fluktuasi harga minyak. Untuk mengurangi risiko Perusahaan menerapkan pengendalian atas pembelian dan pemakaian bahan baku. Perusahaan juga berusaha melakukan diversifikasi pemasok bahan baku agar tidak tergantung kepada beberapa pemasok tertentu. Selain itu agar tidak terjadi ketergantungan pada beberapa merek material tertentu, Perusahaan meminimalisasi risiko dengan melakukan beberapa substitusi merek material dengan kualitas yang sama.
RAW MATERIAL RISK Other than supply and demand factor, almost all of oil-based raw materials are directly influenced by oil prices fluctuation. To reduce this risk, the Company implements controls over procurements and utilizations of raw materials. The Company also tries to make diversifications of raw material suppliers to avoid dependency on some specific suppliers. Other than that, to avoid dependency on some specific raw material brands, the Company minimizes risks by doing some material brand substitutions with those of same qualities.
RISIKO PERSAINGAN Pada saat Perusahaan memulai usaha, secara umum persaingan dalam industri kemasan plastik tidak terlalu ketat. Dengan meningkatnya permintaan akan produk plastik, industri ini menjadi semakin menarik dan mengundang banyak pemain baru. Persaingan dapat mengurangi “market share” Perusahaan, dan selanjutnya dapat berdampak negatif pada kinerja Perusahaan. Untuk menghadapi persaingan, Perusahaan melakukan upaya optimal dalam meningkatkan efisiensi produksi dan kualitas produk serta peningkatan pelayanan untuk mencapai kepuasan pelanggan.
COMPETITION RISK When the Company first started business, generally the competition in plastic industry was not too tough. By increase of demand on plastic products, this industry became more and more interesting and attracted many new players. Competition could reduce Company’s market share and has negative impact to Company’s performance. To cope with competition, the Company takes optimal efforts in improving production efficiencies, product qualities and service improvements to achieve customer’s satisfaction.
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Selain itu Perusahaan telah melakukan investasi pada fasilitas produksi yang modern dan meningkatkan keahlian sumber daya manusianya secara terus-menerus.
Besides, the Company has also invested in modern production facilities and improved its human resources skills continuously.
RISIKO TEKNOLOGI Kemajuan teknologi yang sangat pesat pada industri plastik menuntut Perusahaan agar selalu mengikuti perkembangan teknologi dengan menggunakan mesin-mesin yang modern agar dapat meningkatkan kemampuan bersaing. Risiko perkembangan teknologi tersebut apabila tidak tertangani dengan baik, akan dapat mempengaruhi kinerja Perusahaan secara negatif. Untuk itu, Perusahaan mengikuti dengan seksama publikasi-publikasi teknis terkait industri Perusahaan, menggunakan nasehat teknis dari konsultan, mengikuti pameran teknis baik di dalam maupun luar negeri, dan mendorong staf penelitian dan pengembangan untuk selalu mengikuti inovasi teknologi dan aplikasi baru serta menerapkannya.
TECHNOLOGY RISK Tremendous technology advancement in plastic industry has demanded the Company to always follow technology updates by utilizing modern machineries to improve Company’s ability to compete. Technology advancement risk, if not well managed could give bad impact to Company’s performances. To cope with this risk, the Company closely follows technical publications related to the Company’s industry, utilizes technical advice from consultants, attends technical exhibitions both local and overseas, and motivates Research & Development officers to closely follow the latest technology innovations & applications and implement them.
RISIKO MATA UANG ASING Sebagaian besar transaksi Perusahaan dilakukan dengan menggunakan mata uang Rupiah. Untuk mendukung aktifitas usahanya, Perusahaan tidak terlepas dari transaksi dengan menggunakan mata uang asing. Hal ini menyebabkan Perusahaan memiliki risiko terhadap fluktuasi pasar nilai tukar mata uang asing. Untuk mengatasi risiko tersebut, Perusahaan secara terus menerus memonitor pergerakan nilai tukar mata uang asing untuk mengelola dampak dan fluktuasi nilai tukar mata uang asing, serta mengupayakan ketersediaan mata uang asing setiap saat.
FOREIGN CURRENCY RISK Most of the Company transactions carried out in Rupiah. To support its operational activities, the Company is curve of transactions denominated in foreign currencies. As results, the Company has risk on market fluctuation over foreign currency exchange. To mitigate the risk, the Company continuously monitoring movement of foreign currency exchange rate to manage effect and fluctuation over foreign currency exchange, also seeking on availability of foreign currency at any time.
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Pembahasan & Analisa Manajemen management discussion & analysis
PENJUALAN BERSIH Penjualan bersih konsolidasian sebesar Rp 961 miliar untuk tahun yang berakhir pada tanggal 31 Desember 2013 atau meningkat sebesar 15% atau sebesar Rp 124 miliar dibandingkan dengan pencapaian penjualan bersih konsolidasian tahun 2012 sebesar Rp 837 miliar.
NET SALES The consolidated net sales of Rp 961 billion for the year ended 31st December 2013 or representing an increase of 15% or amounting Rp 124 billion compared to the consolidated net sales the year 2012 amounted Rp 837 billion.
Dari pertumbuhan penjualan bersih konsolidasian tersebut, kontributor utama adalah dari pertumbuhan volume penjualan sebesar 11% dibandingkan dengan tahun 2012 pada Anak Perusahaan di Cina. Hal ini dikarenakan meningkatnya permintaan pelanggan dan didukung dengan kemampuan produksi serta hasil investasi pada tahun sebelumnya.
From the consolidated net sales growth, the main contribution came from growth of sales volume of 11% compare to the year 2012 of a Subsidiary in China. The increment came from increase of customers demand and support with production capabilities as well as the results of the investment in the previous year.
Pertumbuhan tersebut juga ditopang oleh peningkatan harga jual botol dan tutup botol plastik sebesar 10% serta volume penjualan sebesar 3% dibandingkan dengan tahun 2012 di Indonesia. Pertumbuhan ini dikarenakan terdapatnya peningkatan biaya produksi serta pertumbuhan permintaan dan terdapatnya pelanggan baru.
The growth is also supported by the increase in the selling price of plastic bottles and caps by 10% and sales volume by 3% compared to the year 2012 in Indonesia. This growth is due to the increased cost of production as well as growth in demand and the presence of new customers.
Pertumbuhan penjualan bersih konsolidasian juga disumbangkan oleh akuisisi yang dilakukan oleh Perusahaan atas PT Quantex pada pertengahan tahun 2013. PT Quantex menyumbangkan kontribusi sebesar 2% atas penjualan bersih konsolidasian pada tahun 2013.
Consolidated net sales growth was also contributed by acquisitions made by the Company of PT Quantex in the middle of 2013. PT Quantex donate a contribution of 2% of consolidated net sales in 2013.
BEBAN POKOK PENJUALAN Beban pokok penjualan untuk tahun 2013 adalah sebesar Rp 792 miliar atau sebesar 82% dari penjualan bersih konsolidasian dimana terdapat peningkatan beban pokok penjualan sebesar 20% terhadap beban pokok penjualan pada tahun 2012. Peningkatan tersebut diakibatkan oleh beberapa faktor diantaranya peningkatan harga bahan baku yang didorong oleh pelemahan nilai tukar rupiah terhadap mata uang asing yang signifikan terutama pada semester kedua tahun 2013.
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COST OF GOODS SOLD Cost of goods sold for 2013 was Rp 792 billion or at 82% of consolidated net sales in which there is an increase in cost of goods sold by 20% of the cost of goods sold in 2012. Improvement is caused by several factors including the increase in raw material prices are driven by significant weakening of the rupiah against foreign currencies especially in the second half of 2013.
In addition to this, there is also increase in labor costs and also energy cost or electricity consumption in 2013 shows quite a significant impact.
Selain daripada hal tersebut, juga terdapat peningkatan upah tenaga kerja dan juga beban energi atau pemakaian listrik pada tahun 2013 yang cukup berdampak signifikan. BEBAN USAHA Beban usaha konsolidasian pada tahun 2013 adalah sebesar 14% dari penjualan bersih konsolidasian atau sebesar Rp 94 miliar dimana terdapat peningkatan sebesar 5% apabila dibandingkan dengan beban usaha konsolidasian terhadap penjualan bersih konsolidasian pada tahun 2012 yaitu sebesar 9%. Beban usaha konsolidasian pada tahun 2013 juga mengalami peningkatan sebesar 92% atau sebesar Rp 66miliar dibandingkan dengan beban usaha konsolidasian pada tahun 2012 yaitu sebesar Rp 72 miliar.
OPERATION COST Consolidated operating cost in 2013 is at 14% from consolidated net sales or amounted to Rp 94 billion, where there is an increase of 5% if compared to consolidated operating cost to net sales in 2012 was at 9%. Consolidated operating cost in 2013 increased by 92% or amounted to Rp 66miliar compared to consolidated operating cost for the year 2012 amounting to Rp 72 billion. The increase of the consolidated operating cost in 2013 primarily cause by the significant weakening of the rupiah against foreign currencies exchange that the Company incurred significant losses on foreign exchange in 2013 amounted to Rp 46 billion in which the exchange rate against the currency is still likely to be stable in 2012, the Company recorded a loss on foreign exchange was only amounted to Rp 6 billion in 2012. The increase of the consolidated operating cost in 2013 was also due to the increased cost of sales amounted to Rp 7 billion, or by 30% compared to 2012. The increase
Peningkatan nilai beban usaha konsolidasian pada tahun 2013 terutama disebabkan oleh pelemahan nilai tukar rupiah terhadap mata uang asing yang signifikan sehingga Perusahaan mengalami kerugian atas selisih kurs pada tahun 2013 sebesar Rp 46 miliar dimana pada tahun 2012 nilai tukar rupiah terhadap mata uang masih cenderung stabil, Perusahaan membukukan kerugian atas selisih kurs pada tahun 2012 hanya sebesar Rp 6 milliar. Peningkatan nilai beban usaha konsolidasian pada tahun 2013 juga disebabkan oleh meningkatnya biaya penjualan sebesar Rp 7 miliar atau sebesar 30% dibandingkan dengan tahun 2012. Peningkatan
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tersebut terutama diakibatkan oleh meningkatnya harga bahan bakar premium dan pertumbuhan volume penjualan sehingga biaya pengangkutan Perusahaan meningkat sebesar Rp 6 miliar. Disamping itu, peningkatan atas biaya gaji dan tunjangan sebesar Rp 1 miliar dibandingkan dengan biaya yang terjadi pada tahun 2012 juga menyumbangkan peningkatan tersebut.
primarily due to increased of premium fuel prices and growth in sales volume that effect the Company’s freight costs to increased by Rp 6 billion . In addition, the increase in the cost of salaries and allowances amounting to Rp 1 billion compared to the costs incurred in 2012 also contributed this increase.
diatribusikan kepada Entitas Induk pada tahun 2013 adalah sebesar Rp 9,3 miliar atau merupakan -1% dari penjualan bersih konsolidasian, dimana pada tahun 2012, Perusahaan membukukan laba bersih konsolidasian setelah pajak yang diatribusikan kepada Entitas Induk sebesar Rp 49,5 miliar atau merupakan 6% dari penjualan bersih konsolidasian pada tahun tersebut.
attributable to the Company in 2013 was amounted to Rp 9.3 billion or at -1% of consolidated net sales, which in the year 2012, the Company recorded a consolidated net profit after tax attributable to the Company amounted to Rp 49.5 billion or at 6% of consolidated net sales for the year.
Peningkatan biaya umum dan administrasi sebesar Rp 15 miliar atau sebesar 31% dibandingkan dengan tahun 2012, terutama berasal dari peningkatan biaya gaji dan tunjangan sebesar Rp 7 miliar dibandingkan dengan biaya pada tahun 2012. Selain dari pada itu, terdapat peningkatan biaya manfaat karyawan sebesar Rp 2 milliar yang turut menimbulkan peningakatan biaya umum dan administrasi pada tahun 2013 dibandingkan dengan tahun 2012.
The increase in general and administrative cost amounting to Rp 15 billion or at 31% compared to 2012, mainly from an increase in the cost of salaries and allowances amounting to Rp 7 billion compared to the cost in 2012. Other than that, there is an increase in employee benefit costs amounted to Rp 2 billion that also raises general and administrative cost in 2013 compared to 2012.
Selain daripada itu, terdapat juga peningkatan pendapatan lainnya sebesar Rp 2 miliar yang terutama bersumber dari penjualan barang bekas atau waste dibandingkan dengan tahun 2012.
Other than that, there is also an increase in other income of Rp 2 billion, mainly derived from the sale of used goods or waste compared to 2012.
Kerugian yang diderita Perusahaan diakibatkan oleh pelemahan nilai tukar rupiah terhadap mata uang asing sehingga meningkatnya kerugian atas selisih kurs sebesar Rp 40 miliar dan peningkatan harga bahan baku dibandingkan dengan tahun lalu, peningkatan atas biaya bunga dan keuangan sebesar Rp 11 miliar, selain itu meningkatnya upah tenaga kerja, biaya pemakaian lisrik serta biaya depresiasi atas hasil investasi untuk perluasan usaha turut menyumbang andil. Walaupun terdapat peningkatan terhadap penjualan sebesar Rp 124 miliar dan berkurangnya biaya pajak sebesar Rp 21 miliar tidak dapat membuat Perusahaan menghindari kerugian tersebut.
The losses suffered by the Company resulted from the weakening of the rupiah against foreign currencies thus increasing the loss on foreign exchange of Rp 40 billion and increase of raw material prices compare to last year, increase of interest and finance costs over Rp 11 billion, aside from that the increase of labor costs, electricity consumption cost and contribute of depreciation cost from investment returns for the expansion of the business. Although there is an increase in the sales of Rp 124 billion and reduced tax cost of Rp 21 billion caould not make the Company avoid losses.
PENGHASILAN DAN BIAYA BUNGA DAN KEUANGAN Terjadi peningkatan biaya bunga dan keuangan sebesar Rp 11 miliar atau sebesar 39% dibandingkan dengan tahun 2012. Meningkatnya jumlah pinjaman bank dan lembaga pembiayaan pada tahun 2013 untuk mendukung ekspansi Perusahaan termasuk diantaranya akuisisi atas PT Quantex pada pertengahan 2013 mengakibatkan meningkatnya biaya bunga dan keuangan tersebut. Efek pelemahan nilai tukar rupiah terhadap mata uang asing juga turut memberikan sumbangsih dikarenakan beberapa pinjaman bank dan lembaga pembiayaan dalam mata uang asing.
INTEREST AND FINANCIAL INCOME AND COST There is an increase of interest and finance costs amounting to Rp 11 billion or by 39% compared to 2012. The increasing lending from banks and financial institutions in 2013 to support the expansion of the Company including the acquisition of PT Quantex in middle of 2013 resulted in increased in interest and financial costs. Effects of weakening of the rupiah against foreign currencies exchange also boost to contribute since some banks and financial institutions lending denomated in foreign currencies.
TOTAL ASET Aset Lancar Total aset lancar konsolidasian Perusahaan per tanggal 31 Desember 2013 adalah sebesar Rp 456 miliar atau meningkat sebesar Rp 123 miliar dibandingkan dengan aset lancar konsolidasian per tanggal 31 Desember 2012.
TOTAL ASSETS Current Assets The Company's consolidated total current assets as at December 31, 2013 amounted to Rp 456 billion or increase byRp 123 billion compared to consolidated current assets as at December 31, 2012.
RUGI BERSIH Rugi bersih konsolidasian Perusahaan setelah pajak yang
NET LOSS The company's consolidated net loss after tax
Peningkatan tersebut berasal dari kenaikan pajak dibayar dimuka dimana per tanggal 31 Desember 2013 adalah sebesar Rp 28 miliar yang diakibatkan oleh lebih bayar Pajak Penghasilan Badan dan Pajak Pertambahan Nilai Perusahaan dan Anak Perusahaan (LPI) sedangkan pada tanggal 31 Desember 2012 Perusahaan dan Anak Perusahaan membukukan kurang bayar atas pajak-pajak tersebut. Sebagai tambahan, terdapat juga kenaikan uang muka pembelian per tanggal 31 Desember 2013 sebesar
Those increase comes from the increase of prepaid taxes where as at December 31, 2013 amounted to Rp 28 billion as a result of overpayment of corporate income tax and value added tax of the Company and its Subsidiary (LPI), while on December 31, 2012 the Company and its subsidiaries recorded underpayment over such taxes. In addition, there is also a rise in the purchase advances as at December 31, 2013 amounting
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to Rp 17 billion compared with December 31, 2012. The increase was mainly sourced from increase of advances for purchase of machinery and equipment that has been ordered but not yet received by the Company and its Subsidiaries.
Rp 17 miliar dibandingkan dengan per tanggal 31 Desember 2012. Kenaikan tersebut terutama bersumber dari kenaikan atas uang muka pembelian mesin dan perlengkapan yang telah dipesan tetapi belum diterima oleh Perusahaan maupun Anak Perusahaan. Selain yang telah disebutkan diatas, terdapat juga kenaikan atas persediaan, piutang usaha, serta kas dan setara kas per tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012 dimana masing-masing mengalami kenaikan sebesar Rp 33 miliar, Rp 21 miliar, dan Rp 29 miliar. Hal ini disebabkan oleh peningkatan biaya-biaya produksi, perkembangan usaha Perusahaan, serta akuisisi Anak Perusahaan baru (PT Quantex) pada pertengahan tahun 2013. Aset Tidak Lancar Total aset tidak lancar konsolidasian Perusahaan pada tanggal 31 Desember 2013 adalah sebesar 669 miliar atau mengalami peningkatan sebesar Rp 231 miliar dibandingan pada tanggal 31 Desember 2012. Kenaikan tersebut diakibatkan oleh peningkatan jumlah nilai aset tetap setelah dikurangi akumulasi depresiasi dan estimasi penurunan nilai aset tetap sebesar Rp 212 miliar yang sejalan dengan rencana ekspansi Perusahaan. Penambahan aset tetap tersebut sebagian besar dibiayai oleh pinjaman bank maupun lembaga keuangan yang bermitra dengan Perusahaan. Peningkatan atas nilai aset tak berwujud setelah dikurangi akumulasi amotisasi sebesar Rp 20 miliar terutama disebabkan oleh peningkatan Godwill hasil akuisisi PT Quantex (Entitas Anak) pada tahun 2013. Pembiayaan atas transaksi akuisisi Entitas Anak tersebut sebagian besar menggunakan pinjaman bank.
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Other than those mentioned above, there is also an accompanying rise in inventories, trade receivables, and cash and cash equivalents as at December 31, 2013 compared to December 31, 2012 of which respectively increased by Rp 33 billion to Rp 21 billion and Rp 29 billion. This is due to the increased of costs of production, the development of the Company's business, as well as the acquisition of a new Subsidiary (PT Quantex) in middle of 2013. Non-Current Assets Total consolidated of the Company’s non-current assets as at December 31, 2013 amounted to 669 billion or an increase of Rp 231 billion compared to December 31, 2012. The increase was attributable to an increase in the total value of fixed assets net accumulated depreciation and estimated impairment is at Rp 212 billion, which is in line with the Company's expansion plans. The addition of those fixed assets is largely financed by bank loans or financial institutions that partner with the Company. The increase of intangible assets net accumulated amortization is at Rp 20 billion primarily due to an increase of Goodwill in result for the acquisition of PT Quantex (Subsidiary) in 2013. Financing for the acquisition transaction of Subsidiary mostly using bank loans.
Total Aset Secara keseluruhan, total aset konsolidasian Perusahaan mengalami peningkatan sebesar Rp 355 miliar pada tanggal 31 Desember 2013 dibandingkan dengan tanggal 31 Desember 2012. Peningkatan tersebut sejalan dengan rencana ekspansi Perusahaan baik melalui perluasan usaha sendiri maupun dengan melakukan akuisisi atas perusahaan lainnya. Selain daripada hal tersebut, juga terdapat lebih bayar atas Pajak Penghasilan Badan dan Pajak Pertambahan Nilai untuk tahun 2013.
Total Assets Overall, the Company's consolidated total assets increased by Rp 355 billion as at December 31, 2013 compared to December 31, 2012. Such increase in line with the Company's expansion plans either through the expansion of their own business or to carry out the acquisition of other companies. In addition to this, there is also the overpayment of corporate income tax and value added tax for the year 2013.
TOTAL LIABILITAS Liabilitas Jangka Pendek Total liabilitas jangka pendek konsolidasian Perusahaan
TOTAL LIABILITIES Current Liabilities Total consolidated current liabilities of the Company as
pada tanggal 31 Desember 2013 adalah sebesar Rp 562 miliar atau mengalami peningkatan sebesar Rp 220 miliar dibandingkan pada tanggal 31 Desember 2012 sebesar Rp 342 miliar.
at December 31, 2013 amounted to Rp 562 billion or gain an increase of Rp 220 billion compared to December 31, 2012 amounted to Rp 342 billion.
Peningkatan atas liabilitas jangka pendek konsolidasian tersebut diatas disumbangkan diantaranya peningkatan pinjaman bank jangka pendek, utang usaha, uang muka penjualan, dan beban yang masih harus dibayar.
The increase of the consolidated current liabilities mentioned above contributed from increase ofshort-term bank loans, accounts payable, sales advance, and accrued expenses.
Peningkatan atas pinjaman bank jangka pendek sebesar Rp 112 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012 adalah untuk modal kerja Perusahaan yang sejalan dengan perluasan usaha yang dilakukan oleh Perusahaan serta pelemahan nilai tukar rupiah atas mata uang asing mengakibatkan beberapa kebutuhan modal kerja Perusahaan dalam mata uang asing ikut meningkat.
The increase in short-term bank loans amounting to Rp 112 billion as at December 31, 2013 compared to December 31, 2012 was for the Company’s working capital in line with the expansion of the business conducted by the Company and the depreciation of the rupiah against foreign currencies resulted in some of the Company’s working capital requirement denominated in foreign currency increased.
Peningkatan pinjaman bank jangka panjang yang jatuh tempo dalam satu tahun meningkat sebesar Rp 34 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012 dikarenakan Perusahaan menggunakan pinjaman bank untuk mendanai sebagian penambahan investasi barang modal, serta untuk akuisisi Anak Perusahaan baru (PT Quantex). Disamping hal tersebut, pelemahan nilai tukar rupiah atas mata uang asing juga turut menyumbangkan peningkatan tersebut.
The increase in long-term bank loans due within one year increased by Rp 34 billion as at December 31, 2013 compared to December 31, 2012 because the Company uses bank loans to fund additional capital investments, as well as for the acquisition of a new Subsidiary (PT Quantex). Besides that, the weakening of rupiah to foreign currency exchange rate also contributed to the increase as well.
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Peningkatan uang muka penjualan sebesar Rp 21 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, terutama dihasilkan oleh uang muka yang diterima sehubungan dengan transaksi jual dan sewa kembali atas investasi barang modal Perusahaan pada tahun 2013 sebesar Rp 18 miliar.
The increase of sales advance of Rp 21 billion as at December 31, 2013 compared to December 31, 2012, mainly produced by deposits received in connection with the sale and lease back transactions over the Company's capital investment in 2013 amounting to Rp 18 billion.
Peningkatan beban yang masih harus dibayar sebesar Rp 19 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, disumbangkan oleh peningkatan rabat yang dicadangkan sebesar Rp 10 miliar sehubungan dengan peningkatan penjualan Perusahaan, peningkatan beban listrik, air, dan telepon yang dicadangkan sebesar Rp 3 miliar yang sejalan dengan perluasan usaha dan penambahan beberapa mesin dan perlengkapan produksi Perusahaan, serta peningkatan beban bunga yang dicadangkan sebesar Rp 1 miliar sehubungan dengan bertambahnya pinjaman Perusahaan melalui pinjaman bank maupun lembaga pembiayaan.
The increase of accrued expenses amounted to Rp 19 billion as at December 31, 2013 compared to December 31, 2012, contributed by an increase of rebates reserved by Rp 10 billion in connection with the Company's sales increment, increased of accrued electricity, water, and telephone expenses amounted to Rp 3 billion in line with business expansion and the additional of some machinery and production equipment, as well as increased of accrued interest expense of Rp 1 billion in connection with the increase of the Company's loan through a bank loan or financing institutions.
Peningkatan utang usaha sebesar Rp 45 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, sejalan dengan perluasan usaha Perusahaan. Selain daripada itu sebagian pemasok Perusahaan telah memberikan waktu pembayaran yang lebih panjang, peningkatan harga bahan baku dan penolong, serta pelemahan nilai tukar rupiah atas mata uang asing juga turut menyumbangkan peningkatan tersebut sehubungan dengan sebagian besar bahan baku Perusahaan diperoleh melalui pemasok di luar negeri.
The increase in accounts payable of Rp 45 billion as at December 31, 2013 compared to December 31, 2012, in line with the expansion of the Company's business. Other than that most suppliers of the Company has given a longer payment period, the increase price of raw and supporting materials, as well as the depreciation of the rupiah against foreign currencies also contributed to this increase in respect most of the Company’s raw material obtained through the foreign suppliers.
Selain dari pada peningkatan yang telah disebutkan diatas, juga terdapat penurunan atas utang pembelian aset tetap sebesar Rp 16 miliar. Hal ini dikarenakan pada tahun 2013 terdapat pelunasan atas utang tersebut baik melalui lembaga pembiayaan maupun dari pinjaman bank dan juga terdapat penambahan utang baru atas pembelian barang modal yang telah diterima oleh Perusahaan.
Other than the increment mentioned above, there is also a decrease of purchase of property, plant and equipment liabilities amounted to Rp 16 billion. This is due to 2013 there were payment over the purchase of assets liabilities through bank loans and financial institutions and also there is the addition of purchase of property, plant and equipment liabilities for purchase of capital investment has been received by the Company.
laporan tahunan • annual report 2013 PT Berlina Tbk.
Non-Current Liabilities Total the Company’s consolidated non-current liabilities as at on December 31, 2013 amounted to Rp 257 billion or increase of Rp 131 billion compared to December 31, 2012 amounting to Rp 126 billion. The increase was driven by increase in long-term bank loans, purchase of property, plant and equipment non-current liabilities, and post-employment benefits liabilities. Liabilitas Jangka Panjang Total liabilitas jangka panjang konsolidasian Perusahaan pada tanggal 31 Desember 2013 adalah sebesar Rp 257 miliar atau mengalami peningkatan sebesar Rp 131 miliar dibandingkan pada tanggal 31 Desember 2012 sebesar Rp 126 miliar. Peningkatan tersebut ditopang oleh peningkatan atas pinjaman bank jangka panjang, utang pembelian aset tetap jangka panjang, dan liabilitas imbalan pasca kerja. Peningkatan utang pembelian aset jangka panjang sebesar Rp 123 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, sehubungan dengan kebijakan Perusahaan untuk melakukan pembelian mesin dan perlengkapan dengan menggunakan fasilitas “Letter of Credit” dengan jangka waktu 180 hari sampai dengan 360 hari dan untuk pelunasannya telah dijamin oleh pinjaman bank jangka panjang ataupun melalui lembaga pembiayaan.
The increase of purchase of property, plant, and equipment non-current liabilities amounted to Rp 123 billion as at December 31, 2013 compared to December 31, 2012, in connection with the Company's policy to make purchase of machinery and equipment using the Letter of Credit facility with period of 180 days up to 360 days and for payment was secured by long-term bank loans or through financial institutions. The increase in long-term bank loan of Rp 9 billion as of December 31, 2013 compared to December 31, 2012, in connection with the Company's policy to fund the purchase and construction of property, plant and equipment, and business expansion through the acquisition of a new Subsidiary (PT Quantex) in 2013 by using long-term bank loans. The majority of long-term bank loans have been reclassified to short-term according to scheduled payment.
Peningkatan pinjaman bank jangka panjang sebesar Rp 9 miliar padatanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, sehubungan dengan kebijakan Perusahaan untuk mendanai pembelian maupun pembangunan aset tetap, dan perluasan usaha melalui akuisisi Anak Perusahaan baru (PT Quantex) pada tahun 2013 dengan menggunakan pinjaman bank jangka panjang. Sebagian besar pinjaman bank jangka panjang telah direklasifikasikan ke jangka pendek sesuai dengan rencana pembayaran yang telah ditetapkan.
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Selain itu terdapat peningkatan liabilitas imbalan pasca kerja sebesar Rp 6 miliar pada tanggal 31 Desember 2013 dibandingkan dengan pada tanggal 31 Desember 2012, sehubungan peningkatan jumlah karyawan dan juga peningkatan masa kerja pada Perusahaan serta peningkatan upah dan gaji karyawan.
In addition there is an increase in post employeement benefit liabilities of Rp 6 billion as at December 31, 2013 compared to December 31, 2012, in respect of the increase in the number of employees and also an increase in service life of the Company as well as an increase in wages and salaries of employees.
Total Liabilitas Secara keseluruhan, total liabilitas konsolidasian Perusahaan pada tanggal 31 Desember 2013 adalah sebesar Rp 819 miliar atau meningkat sebesar Rp 350 miliar dibandingan dengan pada tanggal 31 Desember 2012 sebesar Rp 469 miliar.
Total Liabilitas Overall, the Company's total consolidated liabilities as at December 31, 2013 amounted to Rp 819 billion or increase of Rp 350 billion compared with December 31, 2012 amounting to Rp 469 billion.
Peningkatan tersebut disumbangkan oleh peningkatan utang pembelian aset tetap jangka pendek dan jangka panjang sebesar Rp 107 miliar, peningkatan pinjaman bank jangka pendek dan jangka panjang sebesar Rp 155 miliar, peningkatan uang muka penjualan sebesar Rp 21 miliar, peningkatan beban yang masih harus dibayar sebesar Rp 19 miliar dan peningkatan utang usaha sebesar Rp 45 miliar.
The increase was contributed by the increase in purchases of property, plant, and equipment liabilities of short-term and long-term amounted to Rp 107 billion, increase of short-term and long-term bank loans amounting to Rp 155 billion, increase in sales advance amounted to Rp 21 billion, increase in accrued expense of Rp 19 billion and increase in accounts payables of Rp 45 billion.
TOTAL EKUITAS Total ekuitas konsolidasian Perusahaan pada tanggal 31 Desember 2013 adalah sebesar Rp 306 miliar atau meningkat sebesar Rp 4 miliar dibandingkan dengan pada tanggal 31 Desember 2012 sebesar Rp 302 miliar.
TOTAL EQUITY Total of the Company’s consolidated equity as at December 31, 2013 amounted to Rp 306 billion or increase of Rp 4 billion compared as at December 31, 2012 amounting to Rp 302 billion.
Peningkatan tersebut berasal dari peningkatan nilai selisih kurs karena penjabaran laporan keuangan dalam mata uang asing (Anak Perusahaan yang berlokasi di Cina dan Singapore) yang tergolong dalam komponen ekuitas lainnya sebesar Rp 34 miliar akibat pelemahan nilai mata uang rupiah atas mata uang asing pada akhir tahun 2013.
This increase comes from the increase of foreign exchange difference due to translation of financial statement denominated in foreign currencies (Subsidiaries located in China and Singapore) classified as other equity components amounted to Rp 34 billion as a result of the weakening of the rupiah to foreign exchange currency at the end of 2013.
Selain peningkatan tersebut, Saldo laba mengalami penurunan sebesar Rp 25 miliar yang diakibatkan oleh pembagian dividen untuk tahun buku 2012 sebesar Rp 16 miliar dan kerugian yang diderita oleh Perusahaan sebesar Rp 9 miliar. Kepentingan non-pengendali juga mengalami penurunan sebesar Rp 5 miliar yang diakibatkan oleh pembagian dividen oleh Anak Perusahaan (LPI)
In addition to the increase, retained earnings decreased by Rp 25 billion as a result of payment of dividend for the financial year 2012 amounting to Rp 16 billion and losses suffered by the Company amounted to Rp 9 billion. Non-controlling interests are also decreased by Rp 5 billion resulting from the distribution of dividends by subsidiaries (LPI)
laporan tahunan • annual report 2013 PT Berlina Tbk.
(ke pemegang saham non-pengendali)sebesar Rp 2 miliar dan kerugian yang diderita oleh Anak Perusahaan (LPI) sebesar Rp 3 miliar yang merupakan porsi pemegang saham non-pengendali pada Anak Perusahaan (LPI). ARUS KAS Pada tahun 2013, terdapat peningkatan kas yang dihasilkan dari operasi konsolidasian sebesar Rp 8 miliar yang bersumber dari peningkatan penjualan Perusahaan yang juga dibarengi dengan peningkatan harga bahan baku, biaya-biaya produksi, dan biaya-biaya operasional akibat kenaikan upah minimum yang signifikan, biaya listrik, dan menurunnya subsidi atas bahan bakar minyak. Peningkatan pembayaran bunga dan beban keuangan sebesar Rp 9 miliar berhubungan dengan peningkatan pinjaman bank yang digunakan untuk mendanai investasi yang telah dilakukan oleh Perusahaan pada tahun 2013 dan pelemahan mata uang rupiah atas mata uang asing. Sementara terdapat penurunan atas pembayaran pajak penghasilan sebesar Rp 3 miliar. Peningkatan pembayaran untuk aktivitas investasi sebesar Rp 19 miliar sejalan dengan ekspansi yang dilakukan oleh Perusahaan. Pada tahun 2013, Perusahaan melaksanakan akuisisi atas Anak Perusahaan baru, PT Quantex, dengan pembayaran sebesar Rp 28 miliar. Penurunan atas pembayaran perolehan aset tetap sebesar Rp 26 miliar dikarenakan sebagian besar pembelian aset tetap didanai menggunakan pinjaman bank maupun lembaga keuangan dan sebagian besar kebijakan pembelian aset tetap menggunakan fasilitas Letter of Credit dengan jangka waktu 180 hari sampai dengan 360 hari, dimana sebagian besar pembelian aset tetap masih merupakan utang pembelian aset tetap.
(to non-controlling shareholders) of Rp 2 billion and the losses suffered by the Subsidiary (LPI) of Rp 3 billion which is portion for non-controlling interest in subsidiaries (LPI). CASH FLOWS In 2013, there is increase of consolidated cash generated from operations amounted to Rp 8 billion that came from increment of the Company’s sales which companied by increase of raw materials price, cost of productions, and cost of operational due to the significant increase of minimum wages, electricity, and the decrease of fuel subsidy. The increase of interest and finance cost paid amounted Rp 9 billion related with the increase of bank loans which been used to funded investment made by the Company in 2013 and the weakening of rupiah to foreign exchange currency. Meanwhile there is decrease in income tax paid amounted to Rp 3 billion. The increase of payment of investing activities amounted to Rp 19 billion in line with expansion by the Company. In 2013, the Company successfully acquire of new Subsidiary, PT Quantex, with payment amounted to Rp 28 billion. Decrease of payment for acquisitions of property, plant, and equipment amounted Rp 26 billion due to most of aset purchase keep funded using bank loan and financial institutions and mainly purchase of fixed aset policy are used Letter of Credit facility for 180 days up to 360 days, where almost purchases of fixed aset are purchase of fixed aset liabilities.
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Pada tahun 2013, terdapat penerimaan kas dari pihak berelasi sebesar Rp 2 miliar yang berasal dari penerimaan pelunasan piutang dari pihak berelasi. Selain itu, peningkatan pembayaran uang muka pembelian aset tetap sebesar Rp 2 miliar. Selain itu, penurunan atas penerimaan penjualan aset tetap dijual dan disewa kembali sebesar Rp 17 miliar dikarenakan pada tahun 2013 transaksi penjualan aset tetap dijual dan disewa kembali berkurang.
In 2013, there is cash receipt from related party amounted Rp 2 billion came from related party receivable receipt. Aside from that, the increase of advances payment for purchase of fixed assets amounted Rp 2 billion. Else, decrease of cash receipt from sale and leaseback transactions of fixed assets amounted Rp 17 billion due to in 2013 the transaction of sale and leaseback has been lessen.
Sehubungan dengan target tersebut, Perusahaan berhasil mencapai pertumbuhan penjualan untuk tahun 2013 dimana tingkat pertumbuhan penjualan bersih mencapai 15% dibandingkan dengan tahun 2012. Sementara tingkat pertumbuhan laba bersih yang semula ditargetkan bertumbuh (-5)-5% gagal dicapai oleh Perusahaan. Perusahaan mencatatkan rugi bersih sebesar Rp 9 miliar atau penurunan sebesar 119% dibandingkan laba bersih pada tahun 2012.
In relation with those target, the Company successfully achieved increment of sales in 2013 where increase of net sales to 15% compare to 2012. While increase of net income targeted before (-5)-5%, failed to be achieve by the Company. The Company recorded net loss amounted Rp 9 billion or decrease by 119% compare to net income in 2012.
Penurunan pembayaran untuk aktivitas pendanaan sebesar Rp 28 miliar berasal dari penerimaan uang muka penjualan aset tetap sebesar Rp 18 miliar, pembayaran pinjaman kepada pihak ketiga sebesar Rp 3 miliar, dan peningkatan atas pembayaran dividen sebesar Rp 4 miliar pada tahun 2013. Selain itu terdapat penerimaan neto pinjaman bank sebesar Rp 18 miliar pada tahun 2013 sementara pada tahun 2012 merupakan pembayaran neto pinjaman bank sebesar Rp 2 miliar. Penerimaan neto pinjaman bank sejalan dengan ekspansi Perusahaan pada tahun 2013.
Decrease of cash used in financing activities amounted to Rp 28 billion came from advance receipt from sale and leaseback transaction amounted Rp 18 billion, payment of loan to third party amounted to Rp 3 billion, and increase of dividend payment amounted Rp 4 billion in 2013. On the contrary, there’s net received from bank loans amounted Rp 18 billion in 2013 while in 2012 it was cash net payment amounted to Rp 2 billion. Bank loans net received are in line with the Company’s expansions in 2013.
Perusahaan tidak memproyeksikan adanya perubahan struktur permodalan pada tahun 2013 untuk mendukung pencapaian target tersebut, dan secara realisasi Perusahaan menggunakan pendanaan yang diperoleh dari lembaga pembiayaan dan perbankan yang menjadi mitra Perusahaan.
The Company hasn’t projected any capital structure changes in 2013 to support the target achievement, and realization of the Company using funding from financial institution and banking which are the Company’s partners.
TARGET/PROJECTION FOR YEARS TO COME For target increment in 2014, the Company has set the increment of sales at around 20-25% and increase of net income are hoping to be growth at around 400% from the Company’s achievement in 2013.
Pada tahun 2013 peningkatan pembayaran utang sewa pembiayaan sebesar Rp 3 miliar berasal dari penambahan utang sewa pembiayaan untuk pelunasan utang sewa pembelian aset maupun transaksi aset tetap dijual dan disewa kembali, serta pelemahan rupiah atas mata uang asing dimana sebagian besar utang sewa pembiayaan dalam mata uang asing.
In 2013, increase of payment of obligation under finance lease amounted Rp 3 billion came from additional of obligation under finance lease for payment of purchase of property, plant, and equipment liabilities and sale and leaseback transaction, also the weaken of rupiah to foreign exchange currency where majority of obligation under finance lease denominated in foreign currency.
TARGET/PROYEKSI UNTUK TAHUN MENDATANG Untuk target pertumbuhan pada tahun 2014, Perusahaan telah menetapkan untuk tingkat pertumbuhan penjualan berkisar 20%-25% dan tingkat pertumbuhan laba bersih diharapkan bertumbuh sekitar 400% dari pencapaian Perusahaan pada tahun 2013 Untuk target/proyeksi selama lima tahun kedepan, Perusahaan mengharapkan tingkat pertumbuhan penjualan sebesar rata-rata 10% per tahun dan untuk tingkat pertumbuhan laba bersih diharapkan sebesar rata-rata 5% per tahun.
For target/projection for next five years, the Company expecting sales the compound annual growth increment at around 10% per annual and for net income compound annual growth increment at around at 5% per annual.
PENCAPAIAN ATAS TARGET/PROYEKSI PADA AWAL TAHUN TAHUN BUKU Pada awal tahun buku 2013, Perusahaan menargetkan pertumbuhan penjualan berkisar 15-24% dan pertumbuhan laba bersih berkisar 15-18% dibandingkan dengan pencapaian pada tahun 2012. Seiring dengan berjalannya waktu dan beberapa kejadian sepanjang tahun 2013 diantaranya pelemahan rupiah terhadap mata uang asing, pengurangan subsidi atas bahan bakar minyak oleh Pemerintah, kenaikan tarif listrik, serta kenaikan upah minimum yang cukup tinggi, menyebabkan Perusahaan merubah target pertumbuhan penjualan berkisar 10-15% dan pertumbuhan laba bersih berkisar (-5)-5% dari hasil pencapaian pada tahun 2012.
ACHIEVEMENT OF TARGET/PROJECTION IN EARLY FINANCIAL YEAR In early 2013 financial year, the Company’s targeted increment of sales around at 15-24% and increase of net income around at 15-18% compare to achievement in 2012. Over the time and some events in 2013 of which the weaken of rupiah to foreign currency exchange, subsidy reduction of fuel by the government, increase of electricity tariff, and increase of minimum wages, causes the Company to revised sales increment to 10-15% and increment of net income to (-5)-5% from achievement in 2012.
Untuk mendukung target/proyeksi tersebut, Perusahaan akan terus memperhatikan dan melakukan pendalaman mengenai ketercukupan struktur modal saat ini, tetapi tidak menutup kemungkinan untuk perencanaan perolehan dana dari sumber-sumber yang memungkinkan diantaranya perusahaan pembiayaan, perbankan, dan pasar modal.
To support the target/projection, the Company will always pay attention and deeping of the adequate of the current capital structure, but do not rule out the possibility for fund rise planning from possibilities sourcing among oters financial companies, banking, and capital market.
Pada prinsipnya, Perusahaan sedapat mungkin mengambil peluang pertumbuhan dengan menggunakan struktur modal saat ini, serta tidak lupa Perusahaan juga mengutamakan prinsip kehati-hatian dalam menjalankan operasionalnya.
In the principle, the Company as possible to take growth possibilities using the current capital structure, and do not forget the Company also using the precautionary principle in running operations.
laporan tahunan • annual report 2013 PT Berlina Tbk.
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RASIO LANCAR Rasio lancar pada tanggal 31 Desember 2013 sebesar 0,81x menurun dibandingkan dengan 31 Desember 2012 sebesar 0,97x.
CURRENT RATIO The current ratio as at December 31, 2013 of 0.81 x decreased as compared to December 31, 2012 at 0.97 x.
Penurunan mayoritas disebabkan oleh peningkatan pinjaman bank untuk modal kerja kegiatan operasional Perusahaan dan Anak Perusahaan, hutang usaha, dan serta bagian dari pinjaman bank jangka panjang yang akan jatuh tempo dalam jangka waktu satu tahun yang digunakan untuk membiayai investasi mesin.
The decrease is majority caused by an increased of bank loans for working capital operations of the Company and its Subsidiaries, accounts payable, and as well as part of a current portion of long-term bank loan are used to finance investments in machinery.
RASIO LIABILITAS TERHADAP EKUITAS Rasio liabilitas terhadap ekuitas pada tanggal 31 Desember 2013 sebesar 2,68x, mengalami peningkatan yang cukup signifikan dibandingkan dengan 31 Desember 2012 sebesar 1,55x.
LIABILITIES TO EQUITY RATIO The liabilities to equity ratio as of December 31, 2013 at to 2.68 x, experienced a significant increase compared to December 31, 2012 of 1.55 x.
MATERIAL COMMITMENT ON CAPITAL EXPENDITURE INVESTMENT In year 2013, The Company and Subsidiaries invested several capital expenditure commitments to support the increase sales volume and factory capacity.
Adapun nilai ikatan investasi barang modal dan nilai pembayaran yang telah dilakukan adalah seperti terdapat pada tabel di bawah ini:
The capital expenditure investment commitment and the value of payment that has been done were described as the following table:
Investasi Barang Modal Capital Expendiure Investment
Rasio liabilitas terhadap ekuitas meningkat dikarenakan meningkatnya pinjaman bank, utang pembelian aset tetap dan utang usaha. Peningkatan tersebut diperparah dengan kerugian yang diderita oleh Perusahaan pada tahun 2013 akibat penurunan nilai tukar rupiah yang sangat signifikan atas mata uang asing.
Liabilities to equity ratio increased due to increased bank loans, purchase of fixed assets loan and accounts payable. Those Increase exacerbated from the losses suffered by the Company in 2013 as a result of the weaken of rupiah to foreign exchange currency.
KEMAMPUAN MEMBAYAR HUTANG DAN TINGKAT KOLEKTIBILITAS PIUTANG PERUSAHAAN Dengan tingkat rasio lancar pada 0,81x dan rasio liabilitas terhadap ekuitas pada 2,68x pada tahun 2013 maka hal ini masih menunjukan bahwa Perusahaan pada tahun 2013 ini terpukul oleh penurunan nilai tukar rupiah atas mata uang asing, dan pada tahun 2014, Perusahaan akan berusaha semaksimal mungkin untuk terus menjaga kemampuan untuk membayar hutangnya termasuk dengan cara meningkatkan “manufacturing excellent“, meningkatkan kinerja dan tingkat utilisasi mesin, efisiensi biaya dan lain lain, dengan demikian di harapkan akan meningkatkan arus kas masuk.
THE ABILITY ON PAYMENT ON PAYABLE AND COLLECTIBLES OF THE COMPANY’S TRADE RECEIVABLE With the level of current ratio at 0.81 x and the ratio of liabilities to equity at x 2.68 in 2013 then it still shows that in 2013 the company was hit by the weaken of rupiah to foreign exchange currency, and in 2014, the Company will make every effort to continue to maintain the ability to pay their debts including by increase manufacturing excellent, improving the performance and machine utilization, cost efficiency, and others, will thus increase the expected cash inflows.
laporan tahunan • annual report 2013 PT Berlina Tbk.
IKATAN MATERIAL ATAS INVESTASI BARANG MODAL Pada tahun 2013, Perusahaan dan Anak Perusahaan melakukan beberapa ikatan investasi barang modal untuk mendukung peningkatan volume penjualan dan kapasitas pabrik yang diperlukan.
PANDAAN
TANGERANG
CIKARANG
Nilai (Rp.) Value (Rp.)
Pembayaran Payment
Objektif Objective
Mesin Blow Moulding Blow Mould Machine
44,240,387
4,180,827
43,062,886
91,484,100
15% - 60% Uang Muka 15% - 60% Down Payment
Penambahan Penjualan Sales Increase
Mesin Injection Moulding Injection Mould Machine
14,789,831
2,691,430
-
17,481,261
20% Uang Muka 20% Down Payment
Penambahan Penjualan Sales Increase
Mesin Injection Strecth Blow Moulding Injection Sterch Blow Mould Machine
7,260,550
-
-
7,260,550
30% Uang Muka 30% Down Payment
Penambahan Penjualan Sales Increase
Mesin Equipment Equipment Machinary
1,066,538
-
-
1,066,538
20% Uang Muka 20% Down Payment
Ekspansi Pabrik Factory Expansion
Untuk investasi barang modal mesin dengan nilai yang besar, Perusahaan dan Anak perusahaan kebanyakan melakukan dengan pembayaran melalui “Letter of Credit” dengan jangka waktu antara 6 sampai dengan 12 bulan dan sebagian besar dilanjutkan dengan utang sewa pembiayaan serta mendapatkan bantuan dari pinjaman bank.
Mostly, the Company and subsidiaries used letter of credit with 6 to 12 months term of payment and mostly continued with leasing for capital expenditure investment on machinery with big value also with the support from bank loan.
PROSPEK USAHA Perusahaan dan Anak Perusahaan bergerak dalam industri kemasan plastik yang melayani perusahaan-perusahaan multi nasional yang bergerak dalam bidang kosmetik dan perawatan, peralatan rumah tangga, makanan dan minuman (“Fast Moving Consumer Goods/FMCG”), pestisida, dan lain-lain. Pertumbuhan dan perkembangan Perusahaan akan selalu mengikuti perkembangan Utama dari para pelanggan.
BUSINESS PROSPECT The Company and Subsidiaries is in plastic packaging industry which serve multy national companies in cosmetic and personal care,house hold food and drinks (collectively Fast Moving Consumer Goods/FMCG), pesticide, and other industries. The Company’s growth and development will always be inline with its core customers growth.
Perusahaan mengharapkan pertumbuhan secara domestik dan regional. Perusahaan dan Anak Perusahaan berdomisili di Indonesia maupun Cina, merupakan dua dari tiga Negara dengan tingkat pertumbuhan ekonomi tertinggi di Asia. Pelayanan terhadap pertumbuhan akan pangsa pasar yang besar dan pertumbuhan yang cepat, memberikan landasan yang kuat akan prospek usaha Perusahaan dan Anak Perusahaan yang sangat cerah di masa-masa yang akan datang.
The Company’s seeks to grow domestically as well as regionally. The Company and Subsidiaries, located in Indonesia and China, are two of the three nations with the highest growth in Asia. Servicing the growth in this large and fast growing market provides a strong base for the Company and Subsidiarie great business potential in the future.
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Pada tahun 2013, Perusahaan telah melakukan akuisisi atas Anak Perusahaan baru (PT Quantex) yang juga bergerak dalam industry kemasan plastik yang melayani perusahaan-perusahaan yang bergerak dibidang minyak pelumas. Melihat perkembangan industry otomotif, maka kami harapkan PT Quantex akan dapat terus bertumbuh dan berkembang mengikuti perkembangan industry otomotif yang merupakan sumber penggerak utama dalam industry minyak pelumas.
In 2013, The company has made acquisitions of the new Subsidiary (PT Quantex) which also engaged in the plastic packaging industry serving companies engaged in lubricating oils. Seeing the development of the automotive industry, accordingly we would expecting PT Quantex will be able to continue to grow and flourish to follow the development of the automotive industry which are the main driver in the lubricating oil industry.
Perusahaan pada tahun 2013 juga turut mendirikan Anak Perusahaan baru (PT Natura Plastindo) yang ditujukan untuk mendukung proses perkembangan usaha Perusahaan dan Anak Perusahaan lainnya, tetapi saat ini, PT Natura Plastindo masih dalam proses untuk mendapatkan ijin serta diharapkan mulai memberikan kontribusi pada tahun 2014.
The company in 2013 also established a new Subsidiary (PT Natura Plastindo) which is intended to support the business development of the Company and other Subsidiaries, but at the moment, PT Natura Plastindo still in the process of seeking approval and is expected to start contributing in 2014.
ASPEK PEMASARAN Perusahaan dan Anak Perusahaan secara aktif memasarkan produk dan jasa kepada perusahaanperusahaan (terutama perusahaan-perusahaan multi nasional) yang membutuhkan solusi akan produk kemasan plastik. Adapun hal ini dilakukan dengan ikut serta dalam proses tender dan penawaran harga, serta pengembangan kepemilikan produk dan teknologi.
MARKETING ASPECT The Company and Subsidiaries actively promote products and services to companies (especially multi national companies) which need plastic packaging solutions. This being done with participation in tendering and bidding process, also proprietary product and technology development.
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KEBIJAKAN DIVIDEN Perusahaan menentukan kebijakan dividen sesuai dengan masukan dari Dewan Komisaris dan disahkan dalam Hasil Rapat Umum Pemegang Saham Tahunan setiap tahun. Adapun dividen yang dibagikan oleh Perusahaan berupa dividen kas sebesar Rp 23 per lembar saham pada tahun 2013 dan sebesar Rp 90 per lembar saham (atau setara Rp 18 per lembar saham setelah pemecahan saham) pada tahun 2012. Perusahaan telah melakukan pembayaran atas dividen kas pada tanggal 27 Nopember 2013 dan 12 Oktober 2012.
DIVIDEND POLICY The Company dividend policy based on recommendation from the Board of Commissioners and validated in the Annual General Meeting of Shareholders every year. Dividend given by the Company was cash dividend amounted to Rp 23 per share in 2013 and Rp 90 per share (or equivalent to Rp 18 per share after stock split) in 2012. The Company paid out cash dividend on November 27, 2013 and October 12, 2012.
PERUBAHAN PERATURAN PERUNDANG-UNDANGAN Sepanjang tahun 2013, tidak terdapat perubahan peraturan perundang-undangan yang memberikan pengaruh signifikan terhadap Perusahaan, sehingga hal ini tidak memberikan dampak atas laporan keuangan Perusahaan.
CHANGES IN LAWS AND REGULATIONS Throughout in 2013, there are no changes in laws and regulations that could given significant impact to the Company, therefore this do not give impact to the Company’s Financial Statements.
PERUBAHAN KEBIJAKAN AKUNTANSI Sepanjang tahun 2013, tidak terdapat perubahan kebijakan akuntansi yang diterapkan oleh Perusahaan. Seluruh kebijakan akuntansi yang diterapkan telah sesuai dengan Pernyataan Standar Akuntansi Keuangan (PSAK) dan Peraturan Badan Pengawas Pasar Modal (Bapepam).
CHANGES IN ACCOUNTING POLICIES Throughout in 2013, there are no changes in accounting policies that being applied to the Company. All accounting policies applied in accordance with the Statement of Financial Accounting Standards (SFAS/PSAK) and regulation of the capital market regulatory (Bapepam).
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Tim Berlina berlina team
Struktur Organisasi organization structure PEMEGANG SAHAM SHAREHOLDER
DEWAN KOMISARIS BOARD OF COMMISSIONERS
KOMITE AUDIT AUDIT COMMITTEE
DEWAN DIREKSI BOARD OF DIRECTORS
SEKRETARIS PERUSAHAAN CORPORATE SECRETARY
PRESIDEN DIREKTUR BOARD OF DIRECTORS
SEKRETARIS PERUSAHAAN CORPORATE SECRETARY
AUDIT INTERNAL INTERNAL AUDIT
DIREKTUR PENGEMBANGAN TEKNIK TECHNICAL DEVELOPMENT DIRECTOR
DIREKTUR OPERASIONAL OPERATIONS DIRECTOR
OPERASIONAL CINA CHINA OPERATIONS
PENJUALAN - PEMASARAN SALES - MARKETING
SUMBER DAYA MANUSIA HUMAN RESOURCES & GENERAL AFFAIR
OPERASIONAL BERLINA BERLINA OPERATIONS
SUPPLY CHAIN MANAGEMENT CUSTOMER SUPPLY CHAIN MANAGEMENT FOCUS
FINANCIAL CONTROLLER OPERATIONAL FINANCIAL CONTROLLER SUPPORT
MANAJEMEN MANAGEMENT
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Tata Kelola Perusahaan Yang Baik good corporate governance
Nama Name Dalam menjalankan kegiatan usahanya dan pengambilan kebijakan, PT. Berlina Tbk. (BRNA) selalu mengacu kepada Tata Kelola Perusahaan yang baik. Hal ini adalah merupakan komitmen manajemen BRNA kepada semua stakeholdernya.
In running the business and in every business decision taken, PT. Berlina Tbk. (BRNA) always complies to the Good Corporate Governance. This is the commitment of the BRNA management to all its stakeholder.
DEWAN DIREKSI Dewan Direksi bertanggung jawab atas manajemen dan pengelolaan yang baik atas kegiatan usaha BRNA. Selama tahun 2013 Dewan Direksi bertemu secara berkala dalam rapat rapat bulanan dan kuartalan bersama manajemen untuk meninjau kembali kegiatan-kegiatan Perusahaan, membicarakan strategi-strategi dan investasi-investasi, serta pelaksanaan bisnis secara profesional.
BOARD OF DIRECTORS The Board of Directors are responsible for the management and the proper arrangement of the operations of BRNA. During 2013 the Board of Directors meet on several occasions in monthly and quarterly meetings to review the activities of the company, discussing strategies and capital investments and conducting the business in a professional manner.
Untuk meningkatkan kemampuan profesional dan kompentensi, Dewan Direksi mengikuti pelatihan, pertemuan baik yang diadakan oleh pihak luar ataupun program Perusahaan dan menjadi anggota dari perkumpulan dalam bidangnya masing-masing.
To increase the professional capability and competency, Board of Directors do training, sharing and meeting held by external party or the Company program and as a member of organization in their expertise.
KOMPOSISI DEWAN DIREKSI Dewan Direksi Perusahaan terdiri dari 3 anggota. Dewan Direksi terdiri dari para profesional yang mempunyai banyak pengalaman dalam bidang-bidang yang terkait.
COMPOSITION OF BOARD OF DIRECTORS The Board of Director comprises of 3 members. The Board of Directors comprises of professionals who have considerable experience in their related fields.
Sebelum 19 Juni 2013, komposisi Dewan Direksi adalah sebagai berikut: Nama Name
Jabatan Position
Lim Eng Khim
Presiden Direktur President Director
Lukman Sidharta
Direktur Director
Jonny Wijaya
Direktur Director
Dan sesuai dengan hasil Rapat Umum Pemegang Saham Luar Biasa pada tanggal 19 Juni 2013 yang mana telah dinotarialkan oleh Notaris Dyah Guntari SH dengan akta No. 7 maka sejak 19 Juni 2013, mengangkat Bapak Lau Chek sebagai anggota Dewan Direksi. Dengan demikian komposisi Dewan Direksi sejak 19 Juni 2013 adalah sebagai berikut :
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Before June 19, 2013, compositions of Board of Directors are as follows:
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And in accordance to the Extraordinary Shareholders Meeting dated June 19, 2013, with notarial deed No. 7 of Dyah Guntari , SH, then effective June 19, 2013, Mr. Lau Chek Kiong appoint as a member of the Board of Directors. Then composition of Board of Director effective June 19, 2013 consist of following :
Jabatan Position
Lim Eng Khim
Presiden Direktur President Director
Lukman Sidharta
Direktur Director
Jonny Wijaya
Direktur Director
Lau Chek Kiong
Direktur Director
Pada tanggal 26 Maret 2014, Bapak Jonny Wijaya telah mengundurkan diri selaku Direksi Perusahaan.
On March 26, 2014, Mr. Jonny Wijaya has resigned as Director of the Company.
DEWAN KOMISARIS Dewan Komisaris secara aktif mengawasi kegiatan-kegiatan Direksi dan melakukan pertemuan secara berkala diantara mereka dan juga melakukan pertemuan dalam rapat-rapat bersama dengan Direksi. Dewan Komisaris selalu melaksanakan penelahan dan kepedulian untuk kepentingan terbaik bagi Perusahaan dan para pemegang sahamnya.
BOARD OF COMMISSIONERS Board of Commissioners were active in overseeing the activities of the Board of Directors and meet periodically amongst themselves and also in joint meetings with the Board of Directors. The Board of Commissioners have always acted with due diligence and care and in the best interest of the Company and its shareholders.
KOMPOSISI DEWAN KOMISARIS Pada tahun 2013, Dewan Komisaris terdiri dari 4 anggota dengan dua dari mereka sebagai Komisaris Independen.
COMPOSITION OF BOARD OF COMMISSIONERS Board of Commissioners during 2013, comprised of 4 members of with two of them were Independent Commissioners.
Nama Name
Jabatan Position
Lisjanto Tjiptobiantoro
Presiden Komisaris President Commissioner
Oei Han Tjhim
Komisaris Commissioner
Tjipto Surjanto
Komisaris Independen Independent Commissioner
Antonius Hanifah Komala
Komisaris Independen Independent Commissioner
Baik Dewan Komisaris maupun Dewan Direksi dipilih berdasarkan Rapat Umum Pemegang Saham dan Rapat Umum Pemegang Saham Luar Biasa.
Both Boards of Commissioners and Directors are appointed by Annual Shareholders Meeting and Extraordinary Shareholders Meeting.
Sesuai dengan Hasil Rapat Umum Pemegang Saham Luar Biasa pada tanggal 19 Juni 2013 bahwa Tjipto Surjanto telah mengundurkan diri sebagai Komisaris Independen. Dengan demikian Susunan Anggota Dewan Komisaris sejak 19 Juni 2013 adalah sebagai berikut :
Accordance to the Extraordinary Shareholders Meeting dated June 19, 2013 that Tjipto Surjanto has resigned as Independent Commissioner. Then composition of Board of Director effective June 19, 2013 consist of following :
Nama Name
Jabatan Position
Lisjanto Tjiptobiantoro
Presiden Komisaris President Commissioner
Oei Han Tjhim
Komisaris Commissioner
Antonius Hanifah Komala
Komisaris Independen Independent Commissioner
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Jumlah renumerasi anggota Dewan Komisaris dan Direksi ditetapkan melalui Rapat Umum Pemegang Saham Tahunan maupun Rapat Umum Pemegang Saham Luar Biasa. Pada tahun 2013, jumlah gaji dan tunjangan Dewan Komisaris dan Direksi Perusahaan adalah sebesar Rp 10.143.848.000,-
Total remuneration of Boards of Commissioners and Directors decided through Annual Shareholders Meeting and Extraordinary Shareholders Meeting. Total remuneration of Board of Commissioners and Directors are Rp 10.143.848.000,-
Sesuai dengan syarat-syarat pencatatan yang berlaku, Perusahaan telah melaksanakan praktik-praktik tata kelola perusahaan yang baik melalui:
In compliance with the prevailing listing requirements the Company has implemented good corporate governance practices through:
KOMITE AUDIT Pada tanggal 14 Maret 2008 Dewan Komisaris telah menyetujui pembentukan Komite Audit dengan Komisaris Independen Perusahaan juga merangkap sebagai Ketua Komite Audit.
AUDIT COMMITTEE On March 14, 2008, the Board of Commissioners had approved the Audit Committee with Independent Commissioner of the Company also as the Chairman of Audit Committee.
Adapun komposisi Komite Audit dengan perubahannya terakhir berdasarkan persetujuan Dewan Komisaris pada tanggal 12 Nopember 2011 adalah: NAMA ANGGOTA MEMBER NAME Tjipto Surjanto
The latest Audit Committee members based on the approval of Board of Commissioners dated November 12, 2011 are: DASAR HUKUM PENGANGAKATAN REMOVAL OF THE LEGAL BASIS
JABATAN POSITION
PENDIDIKAN EDUCATION
PENGALAMAN KERJA WORK EXPERIENCE
Ketua Chairman
Lulusan University of San Fransisco dan memperoleh gelar Master of Busniness Administration dari Golden State University, Amerika Serikat.
Bank ABN Amro, Jakata dan Singapura;
Graduates University of San Fransisco and the obtain a Master of busniness Administration from Golden State University, United States
Bank ABN Amro, Jakata and In accordance with Singapura; the Decision of the Board of PT Tifa Multi Finance Commissioners Corporation;
PT Tifa Multi Finance Corporation;
Sesuai dengan Keputusan Dewan Komisaris
PERIODE JABATAN PERIOD POSITION 2008 – 2015
PT Cakra Agung Surya.
PT Cakra Agung Surya. Oei Wahyu Soetjahya Kusuma
Anggota Member
Lulusan Sarjana Ekonomi Universitas Katolik Widya Mandala Surabaya
KAP Drs. J. Tanzil & Rekan PT. Adira Dinamika Multi Finance, Tbk
Sesuai dengan Keputusan Dewan Komisaris
2011 – 2015
Group Usaha Tirta Bahagia & Tunggal Jaya Graduate Degree in Economics Widya Mandala Catholic University of Surabaya
Hady
Anggota Member
Lulusan Sarjana Ekonomi Universitas Tarumanagara Jakarta.
KAP Drs. J. Tanzil & Rekan PT. Adira Dinamika Multi Finance, Tbk Group Usaha Tirta Bahagia & Tunggal Jaya PT. Indah Kiat Pulp Paper, Tbk PT. Hanin Nusa Mulya
In accordance with the Decision of the Board of Commissioners
Sesuai dengan Keputusan Dewan Komisaris
PT Ricky Putra Globalindo, Tbk Graduates Bachelor of Economics, University of Jakarta.
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PT. Indah Kiat Pulp Paper, Tbk In accordance with the Decision of the PT. Hanin Nusa Mulya Board of Commissioners PT Ricky Putra Globalindo, Tbk
2011 – 2015
Sesuai dengan panduan Komite Audit maka tanggung jawab dari Komite Audit adalah: - Meninjau laporan keuangan dan internal kontrol; - Meninjau kepatuhan terhadap peraturan; - Meninjau manajemen risiko; - Memberdayakan fungsi audit internal dan melakukan pengawasan atas pekerjaan Auditor External; - Memastikan independensi Auditor External dalam melakukan tugasnya; - Memberi masukan yang independen yang dapat membantu pengambilan keputusan Dewan Komisaris.
As per the Chartered of Audit Committee, The Audit Committee is responsible for: - Review financial statement and internal control; - Review the compliance to the regulation; - Review management risk; - Employ Internal Audit function and supervise the External Auditor examination result; - Ensure the independency of External Auditor;
Sepanjang tahun 2012, Komite Audit telah melakukan empat kali pertemuan untuk membahas program kerja Komite Audit.
During 2012, Audit Committee has held four meetings to discuss Audit Committee work plan.
AUDIT INTERNAL Perusahaan berdasarkan persetujuan Dewan Komisaris telah menunjuk feli Rusli sebagai Kepala Audit Internal.
INTERNAL AUDIT The company based in approval from Board of Commissioners has appointed Feli Rusli as the Chief of Internal Audit.
NAMA NAME Feli Rusli
PENDIDIKAN EDUCATION
- Suggesting independent recommendation to Board of Commissioner in making decision.
PENGALAMAN KERJA WORK EXPERIENCE
DASAR HUKUM PENGANGAKATAN REMOVAL OF THE LEGAL BASIS
KUALIFIKASI QUALIFICATIONS
Lulusan Sarjana Ekonomi Universitas IBiI Jakarta.
Senior Auditor KAP Osman Bing Satrio & Rekan (Deloitte Indonesia).
Surat Keputusan Dewan Komisaris tertanggal 17 September 2010.
Beliau berpengalaman selama 4 tahun sebagai auditor eksternal.
Graduate Degree in Economics University IBII Jakarta .
Senior Auditor KAP Osman Bing Satria & Partners (Deloitte Indonesia).
BOC Decision Letter dated 17 September 2010.
He experienced for 4 years as an external auditor.
Adapun tugas dari unit audit internal adalah melakukan pemeriksaan dan memberikan penilaian kegiatan perusahaan dan hasil keuangan secara independen dan obyektif. Dalam rangka mengevaluasi dan meningkatkan tata kelola perusahaan yang baik.
The main responsibility of internal Audit Unit is to audit and review the Company activities and financial result independently and objective in related to evaluate And improve the good corporate governance.
Perseroan belum memiliki Komite lain seperti Komite nominasi dan remunerasi. Perseroan saat ini sedang melakukan pengkajian untuk melakukan pembentukan Komite yang akan membantu Perseroan agar lebih menerapkan Tata Kelola Perusahaan yang Bagus (Good Corporate Governance).
The Company has not had another such committee nomination and remuneration committee. The Company is currently conducting a study to undertake the establishment of the Committee will assist the Company in order to further implement the Good Corporate Governance (GCG).
SISTEM PENGENDALIAN INTERN Perseroan dengan ini memberikan penjelasan terkait dengan sistem pengendalian interen (internal control), pengendalian keuangan dan operasional serta kepatuhan terhadap peraturan perundang-undangan lainnya sebagai berikut:
INTERNAL CONTROL SYSTEM The Company hereby provide an explanation regarding the internal control system, financial and operational controls and compliance with laws and regulations, as follows :
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The Company has a system of internal controls in which all decisions and approvals must be done by a minimum of 2 (two) with minimum manageral level as the first approver, approval by the Board of Directors and Board of Commissioners.
Perseroan memiliki sistem pengendalian interen (internal control) dimana segala keputusan dan persetujuan harus dilakukan oleh minimal 2 (dua) orang dengan jabatan minimal manajer sebagai pemberi persetujuan pertama, sampai dengan persertujuan oleh Direksi maupun Komisaris Perseroan. Sementara untuk pengendalian keuangan, dilakukan oleh Dewan Komisaris dimana segala persetujuan pengeluaran menggunakan mekanisme persetujuan 2 (dua) orang dengan jabatan manajer ataupun Direksi dan harus mendapatkan persetujuan dari Dewan Komisaris sebelumnya untuk transaksi sampai batas nominal tertentu dan untuk transaksi belanja barang modal (capex). Untuk pengendalian operasional, harus mendapatkan persetujuan Direksi atas segala tindakan yang dilakukan selama operasional Perseroan. Review dilakukan oleh Unit Audit Internal untuk memastikan bahwa sistem pengendalian interen (internal control) berjalan sesuai dengan fungsi yang semestinya dan sesuai dengan peraturan perundang-undangan yang berlaku. Hasil pemeriksaan tersebut akan dilaporkan kepada Dewan Direksi dan Dewan Komisaris. KODE ETIK DAN BUDAYA Pokok-pokok kode etik yang diterapkan oleh Perseroan yang biasa disingkat dengan I4C adalah sebagai berikut: 1. Integritas (Integrity) Kami berkomitmen untuk selalu menjungjung tinggi dan patuh pada prinsip etika, moral, dan kejujuran dalam semua aspek bisnis yang kami jalani dengan
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As for financial control, carried out by the Board of Commissioners in which all expenditure approval mechanisms approval 2 (two) people with office manager or the Board of Directors and must be approved by the Board of Commissioners prior to the transaction to the extent and for the transaction nominal capital expenditure (capex). For operational control, must be approved by the Board of Directors for any actions taken during the Company's operations. Review carried out by the Internal Audit Unit to ensure that the internal control system run in accordance with the proper function and in accordance with the applicable laws and regulations. The results of the investigation will be reported to the Board of Directors and Board of Commissioners. CODE OF CONDUCT AND CULTURES Principles code of conduct imposed by the Company with I4C commonly abbreviated as follows : 1. Integrity We are committed to uphold and adhere to high ethical principles, morals, and honesty in all aspects of the business that we live with complying with
tetap mematuhi hukum dan peraturan yang berlaku, serta tidak lupa memperlihatkan rasa hormat dan berkomunikasi secara terbuka.
applicable laws and regulations, and do not forget to show respect and communicate openly.
2. Komunikasi (Communication) Berpikir positif, terbuka, antusias, bersedia berdiskusi, dan menjalin hubungan berdasarkan kepercayaan dan rasa hormat, serta berkeyakinan bahwa dengan komunikasi yang baik dan efektif mampu mengoptimalkan kinerja dan mendatangkan kesuksesan.
2. Communications Think positive, open, enthusiastic, willing to discuss, and a relationship based on trust and respect, and believes that with good and effective communication able to optimize the performance and bring success.
3. Kolaborasi (Collaboration) Bertindak dengan penuh tanggung jawab, bekerjasama, peduli, simpati, dan empati. Keyakinan akan keragaman dalam Perseroan menjadi salah satu kekuatan terbesar serta melakukan yang terbaik untuk bekerjasama dan mensinergikan seluruh aspek yang dimiliki. 4. Perbaikan Berkelanjutan (Continuous Improvement) Menumbuhkan kreativitas, inovasi, dan mengembangkan berbagai gagasan, ide, maupun proses baru. Perseroan berkomitmen untuk terus meningkatkan proses bisnis dan kinerja kami secara berkesinambungan melalui pengembangan kompetensi karyawan dan teknologi mutakhir.
3. Collaboration Act with full responsibility, collaboration, caring, sympathy, and empathy. Confidence in the Company's diversity will be one of the greatest strengths and do their best to cooperate and synergize all aspects possessed. 4. Continuous Improvement Growing creativity, innovation, and develop a variety of concept, ideas, and new process. The Company is committed to continuously improve our business processes and performance through the continuous development of employee competencies and cutting-edge technology.
5. Fokus Pelanggan (Customers Focus) Berupaya untuk kepuasan pelanggan dan memberikan pelayanan terbaik. Dengan berfokus untuk tumbuh dan mengembangkan bisnis untuk memenuhi kebutuhan pelanggan dengan menyediakan “win-win solutions” dalam aspek bisnis yang disepakati.
5. Focusing Customers Strive for customer satisfaction and providing the best services. By focusing the business to grow and develop to meet the needs of customers by providing a "win - win solutions " in the agreed upon of business aspect.
Pokok-pokok budaya perusahaan (corporate culture) di dalam Perseroan adalah sebagai berikut: • Menjiwai nilai-nilai dan kode etik perilaku bisnis;
Principles of corporate culture (corporate culture) in the Company are as follows : • Inspirit the values and codes of business conduct;.
• Menghasilkan produk dengan cara melindungi kesehatan dan keselamatan karyawan serta menghargai lingkungan dan menghormati komunitas di mana kami beroperasi;
• Produce products in a manner to protect the health and safety of employees and respect the environment and respect the communities in which we operate;
• Mendorong kepemimpinan yang beretika, kreatif, peduli dan mampu serta gigih dalam memperoleh hasil dan membekali mereka dengan berbagai peluang untuk pengembangan karir;
• Encouraging ethical leadership , creative , caring and capable and persistent in obtaining results and providing them with a variety of opportunities for career development;
• Mengenali peluang untuk memenuhi kebutuhan pelanggan dengan menyediakan produk dan layanan yang unggul serta mendorong perolehan keuntungan dan pertumbuhan perusahaan.
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Menjaga produktivitas dan efisiensi operasional sebagai standar kerja : i. Bentuk sosialisasi kode etik dan upaya penegakan di Perseroan adalah melalui diterbitkannya buku pedoman Kode Etik Perilaku Bisnis di lingkungan Perseroan kepada karyawan serta diberikan penyuluhan kepada karyawan baru;
Maintain productivity and operational efficiency as the standard work : i. Form of socialization and enforcement code of ethics in the Company is through the publication of the Code of Business Conduct guidelines in the Company to employees as well as giving information to new employees;
ii. Pedoman Kode Etik Perilaku Bisnis yang dimiliki oleh
ii. Code of Business Conduct Guidelines are owned by the Company applies to all mployees who work in the Company and its subsidiaries, including the Board of Commissioners and Board of Directors.
Perseroan berlaku untuk seluruh karyawan yang bekerja dalam Perseroan dan Anak Perusahaannya, termasuk Dewan Komisaris dan Dewan Direksi.
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SISTEM PELAPORAN PELANGGARAN Terkait dengan sistem pelaporan pelanggaran (whistle blowing system) pada Perseroan yang dapat merugikan perusahaan maupaun pemangku kepentingan, antara lain meliputi: i. Perseroan memiliki cara penyampaian laporan pelanggaran dapat dilakukan baik berupa tertulis secara elektronik maupun surat, ataupun dapat secara langsung menghubungi pejabat yang berwenang. Kemudian akan ditindaklanjuti dengan melakukan pengecekan dan pencarian bukti pendukung yang akan menguatkan informasi yang didapat;
WHISTLE BLOWING SYSTEM In relation whistle blowing system in the Company that can harm company of stakeholders, include among others: i. The Company has way of submission the violations reports either written by electronically or mail, or can directly contact the authorities. Then it will be followed by checking and search supporting evidence will strengthen the information obtained;
ii. Perseroan memberikan perlindungan bagi pelapor dengan cara tidak akan memberitahukan nama pelapor kepada siapapun;
ii. The Company provides protection for whistleblowers in a way it will not tell anyone the name of the complainant;
iii. Penanganan pengaduan oleh Perseroan adalah dengan mencari informasi sebanyak mungkin terkait dengan pelaporan yang diterima, termasuk mencari bukti pendukung untuk membuktikan pernyataan laporan tersebut. Apabila terbukti, maka Perseroan akan menindak secara tegas terhadap pelanggar dan akan diproses sesuai dengan Peraturan Perusahaan dan Perundang-undangan yang berlaku;
iii. Complaint handling by the Company is to seek as much information as possible related to the reporting received, including the search for supporting evidence to prove the statement of the report. If proven, the Company will act firmly against violators and will be processed in accordance with the Company's Rules and applicable laws and regulations;
iv. Pihak yang mengelola pengaduan pada Perseroan adalah beberapa staff khusus dibawah arahan Unit Internal Audit dan Komite Audit;
iv. Those who manage the Company's complaint is some special staff unit under the direction of the Internal Audit and Audit Committee;
v. Hasil dari penanganan pengaduan tersebut kemudian dilaporkan kepada Direksi dan Komisaris untuk dilakukan tindakan lebih lanjut dan akan dilakukan perbaikanperbaikan terhadap sistem pengendalian interen (internal control) Perseroan untuk menjembatani agar tidak terjadi hal serupa di masa yang akan datang.
v The results of the handling of complaints will be reported to the Board of Directors and the Board of Commissioners for further action and improvement of the Company’s internal control system to bridge that similar things can be avoid.
laporan tahunan • annual report 2013 PT Berlina Tbk.
SEKRETARIS PERUSAHAAN Sekretaris Perusahaan bertanggung jawab untuk memelihara komunikasi yang konsisten dan transparan, pengungkapan informasi signifikan yang berkaitan dengan kegiatan-kegiatan perusahaan kepada instansiinstansi Pemerintah dan secara rutin memantau kepatuhan dengan peraturan dan perundang-undangan pasar modal yang berlaku dan juga membantu Direksi dalam mengadakan rapat-rapat Direksi, Komisaris, Komite Audit dan Rapat Umum Pemegang Saham Tahunan.
CORPORATE SECRETARY The Corporate Secretary is responsible for maintaining consistent and transparent communication, disclosure of significant information relating to the activities of the company to the regulatory authorities and on a day-to-day basis monitor the compliance with the capital market rules and regulations and also assist the Board of Directors in conducting the meetings of the Directors, Commissioners, Audit Committee and the Annual General Meeting of its Shareholders.
KETERBUKAAN INFORMASI Perusahaan selalu memastikan bahwa setiap informasi tentang kegiatan-kegiatan Perusahaan untuk Bapepam dan Bursa Efek Indonesia diberikan secara tepat waktu dan dalam bentuk dua bahasa Indonesia dan Inggris.
DISCLOSURE OF MATERIAL INFORMATION The Company has always ensured that any information about the activities of the Company is presented to Financial Services Authority and Indonesian Stock Exchange in a timely manner and in bilingual form.
PENYAMPAIAN LAPORAN KEUANGAN Mengungkapkan secara akurat dan tepat waktu semua hal material tentang kinerja keuangan, kepemilikan, dan tata kelola perusahaan merupakan prioritas Perusahaan. Selama tahun tersebut, Perusahaan telah menyampaikan laporan keuangan konsolidasi lengkap dengan catatan atas akun-akun bersama-sama dengan pernyataan yang ditanda-tangani oleh Presiden Direktur dan Direktur yang menerangkan keakuratan dari laporan keuangan.
SUBMISSION OF FINANCIAL STATEMENTS Ensuring timely and accurate disclosure on all material matters regarding the financial performance, ownership, and governance of the company has been the priority of the Company. The Company during the year has submitted detailed Consolidated financial statements along with the notes to the accounts along with the declaration signed by its President Director and Director certifying the accuracy of the financial statements always well within the stipulated date of submission.
Laporan keuangan telah disusun sesuai dengan standar akuntansi dan memenuhi peraturan serta perundangundangan yang berlaku.
The financial statements have always been prepared in line with prevalent accounting standards and regulations of the regulatory authorities.
PAPARAN PUBLIK Sesuai dengan syarat-syarat pencatatan, Perusahaan mengadakan Paparan Publik pada bulan Juni 2013 tertanggal 19 Juni 2013, dimana masyarakat luas, investor, pers dan media semuanya diberi informasi terkini mengenai kegiatankegiatan Perusahaan dan prospeknya.
PUBLIC EXPOSE In line with the listing requirements, the Company held a Public Expose in June 2013 on date June 19, 2013 which the general public, investors, press and other media was updated on the Company’s activities and its prospects.
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WEBSITE Untuk memastikan akses yang mudah pada setiap publikasi yang berkaitan dengan Perusahaan, suatu website yang komprehensif http://www.b erlina .co .id dipelihara oleh Perusahaan yang diperbaharui secara berkala. Informasi terkini yang berkaitan dengan profil perusahaan, manajemen kunci dan produk-produk. PERSETUJUAN DEWAN KOMISARIS DAN DIREKSI Dewan Komisaris dan Direksi bertanggung jawab penuh atas kebenaran isi laporan tahunan yang dilampirkan dalam lembar tersendiri pada halaman 86.
WEBSITE In order to ensure easy access to any publication relating to the Company, a comprehensive web site http://www.berlina.co.id was maintained by the Company which was updated on periodical basis. With the latest information relating to the Company’s profile, key management and products. APPROVAL OF BOARDS OF COMMISSIONERS AND DIRECTORS Boards of Commissioners and Directors are fully responsible for the truth of the content of annual report which attach on separate sheet on page 86.
Pemeringkatan Efek the rating effect Pada tanggal 20 Juni 2013, PT Fitch Rating Indonesia telah memberikan peringkat jangka panjang nasional yang sama dengan tahun lalu ‘A-(idn)’ untuk PT Berlina, Tbk, dengan prospek kedepan yang stabil.
On June 20, 2013, PT Fitch Rating Indonesia has affirmed PT Berlina Tbk the same National Long-term rating with last year ‘A-(idn)’ with stable outlook.
Peringkat tersebut menunjukkan keahlian Perusahaan di industri kemasan plastik, posisi yang kokoh dalam industri yang dinamis, keterbukaan untuk memperoleh pelanggan, dan profil kredit yang bagus. Tingkat pertumbuhan pendapatan rata-rata tahunan kira-kira sebesar 15% dalam 5 (lima) tahun terakhir dan akan terus bermanfaat seiring dengan berkembangnya pasar “fastmoving consumer goods” (FMCG) dan makanan & minuman baik di Indonesia dan Cina. Sebagian besar pendapatan Perusahaan berasal dari Unilever, sebagai pelanggan utama. Kerja sama tersebut telah terjalin selama 40 (empat puluh) tahun. Hubungan tersebut telah memberikan sisi positif untuk profil kredit Perusahaan dikarenakan posisi yang kuat dari Unilever dalam industry FMCG.
The rating reflects Berlina's expertise in plastic packaging, robust industry dynamics, exposure to established customers and sound credit profile. Berlina's revenues grew by a CAGR of approximately 15% in the past five years and would continue to benefit from the growing fast-moving consumer goods (FMCG) and food & beverage markets in both Indonesia and China. Most of the Company revenue derives from Unilever, as major customers. The relationship is spanning about 40 (fourty) years. the relationship to be positive for the Company’s credit profile given Unilever's strong position in the FMCG industry.
Pengembangan Sumber Daya Manusia human resources development
Menginjak tahun ke 45, PT Berlina Tbk terus berbenah diri untuk menghadapi era pasar industri global di masa yang akan datang. Semakin banyaknya pesaing industri kemasan plastik baik dari dalam negeri maupun luar negeri tidak membuat gentar PT Berlina Tbk sebagai pemain utama dalam industry kemasan plastic dalam menjalankan bisnisnya. Adalah suatu kebanggaan tersendiri bagi perusahaan untuk tetap “exsist” di tengah maraknya industri kemasan plastik di Indonesia tersebut.
laporan tahunan • annual report 2013 PT Berlina Tbk.
It is not an easy journey for PT Berlina Tbk., to keep giving excellent services to customers amid of customer’s high expectation for their products. PT Berlina Tbk., will always trying to give maximum result by increasing efficiency, productivity, and using proper sales strategy, to be able to continue giving excellent services to our customers.
Bukan perjalanan yang mudah untuk PT Berlina Tbk dapat terus memberikan pelayanan yang prima kepada pelanggan di tengah semakin tingginya ekspektasi pelanggan untuk produk mereka. PT Berlina akan terus berusaha memberikan hasil yang maksimal dengan melakukan peningkatan efisiensi, produktifitas dan menggunakan strategi penjualan yang tepat, untuk dapat terus memberikan pelayanan yang prima kepada para pelanggan kami.
Business strategy based on the Company’s core values which are I4C consist of Integrity, Communication, Collaboration, Customer Focus, and Continuous Improvement, continuously infused to employee. The success achieved by Berlina can’t be separated from the role of all people in the Company.
Strategi bisnis yang didasarkan pada nilai-nilai Perusahaan, yakni I4C meliputi Integrity, Communication, Collaboration, Customer Focus dan Continuous Improvement, terus ditanamkan kepada karyawan. Kesuksesan yang diperoleh Berlina tidaklah terlepas dari peran serta seluruh pihak di dalam Perusahaan. CATEGORY Posisi Level
Usia Age
HPPP
LPI
QUANTEX
GRAND TOTAL
3 3 24 20 166 267 483
0 0 14 11 69 265 359
3 2 13 20 18 138 194
0 0 5 3 27 46 81
6 5 56 54 280 716 1117
< 25 26 - 35 36 - 45 46 - 55 > 55
118 160 165 31 5 479
108 135 81 32 3 359
10 91 75 12 6 194
27 30 17 6 1 81
263 416 338 81 15 1113
Pria Male Wanita Female
345 134 479
170 189 359
168 26 194
60 21 81
743 370 1113
TOTAL Jenis Kelamin Gender
BERLINA
BOC BOD Manager Supervisor Staff General Worker
TOTAL
TOTAL
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Entering 45th years anniversary, PT Berlina Tbk., continue to improve itself to face global industry market in the future. The more competition in plastic packaging industry booth domestic and foreign does not make PT Berlina Tbk., dither to continue its operation as a key player on plastic packaging industry. Is the Company pride to exist in the amid rampant of plastic packaging industry in Indonesia.
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Dengan didasari oleh nilai-nilai Perusahaan, maka berikut adalah serangkaian kegiatan dan program kerja karyawan dalam rangka pengembangan sumber daya manusia yang telah dilaksanakan:
Based on the Company’s core values, herewith are series of activities and employee working program in order for development of human resources that already being done:
MY EXCELLENCE “Never stop when we are tired unless all jobs are done”. Di tengah persaingan bisnis yang semakin ketat, perusahaan berkomitmen untuk terus menerus melakukan improvement di semua aspek operasional perusahaan dengan selalu berusaha menciptakan budaya dan semangat kerja yang pantang menyerah dari karyawan. Dengan operational excellence diharapkan dapat mencapai kepuasan pelanggan yang lebih optimal dalam industri kemasan plastik.
MY EXCELLENCE “Never stop when we are tired unless all jobs are done.” In the middle of increasingly stringent business competitions, the Company committed for continuous improvement in all the Company’s operational aspects by trying to always create working culture and unyielding morale of employees. With operational excellence, it is expected to achieve greater customer satisfactions in plastic packaging industry.
“MY PASSION, MY PRIDE” Tak kenal maka tak sayang, begitulah kiranya kita menggambarkan interaksi karyawan di perusahaan. Perusahaan berusaha semaksimal mungkin untuk membangun dan mempertahankan loyalitas karyawan, dan kami percaya bahwa dengan loyalitas tersebut, maka kecintaan terhadap Perusahaan dan pekerjaan akan terus tumbuh dan berkembang. Kami percaya dengan melakukan segala pekerjaan dengan hati yang gembira akan mampu untuk melewati segala tantangan dan kompleksitas yang dihadapi serta dapat membangun loyalitas, kecintaan dan kebanggaan bagi karyawan.
“MY PASSION, MY PRIDE” Never know therefore unloved, is the description for employee interaction in the Company. The Company tries as maximal as possible to build and maintain employee’s loyalty, and we believe that with the loyalty, love to the Company and work will always grow and develop. We believe by doing all tasks with happy feelings will be able to get through all the challenges and complexities faced and may built loyalties, love and pride to the employee.
laporan tahunan • annual report 2013 PT Berlina Tbk.
OUR EXPANSIONS, OUR SHARE Pada tahun 2012, Perusahaan berfokus pada pengembangan dengan melakukan pembangunan fasilitas produksi tambahan pada lokasi yang telah ditempati, maka sejalan dengan pengembangan usaha yang telah dicanangkan Perusahaan, maka pada tahun 2013 Perusahaan berhasil melakukan akuisisi atas PT Quantex, sebuah perusahaan yang juga bergerak dalam industri kemasan plastik. Selain daripada itu pada awal tahun 2013, Perusahaan juga membentuk Anak Perusahaan baru, PT Natura Plastindo yang berlokasi di Pasuruan, Jawa Timur. PT Natura Plastindo didirikan dengan tujuan untuk membantu proses ekspansi Perusahaan.
OUR EXPANSIONS, OUR SHARE In 2012, the Company focused on the expansion by built additional production facility on occupied location, therefore in line with the Company’s business expansion has been planned before, in 2013 the Company managed to make the acquisition of PT Quantex, a company that engaged in the same plastic packaging industry. Other than that, in earlier 2013, the Company also established new Subsidiary, PT Natura Plastindo located at Pasuruan, East Java. PT Natura Plastindo was established with the objective to assist the Company’s expansions process.
MY KNOWLEDGE, MY SKILL & MY COMPETENCE Perkembangan ilmu pengetahuan dan teknologi yang pesat menyebabkan beberapa perkembangan akan seluruh sektor industri dan industri kemasan plastik tidak terkecualikan. Oleh karena itu, untuk terus selalu dapat mengikuti daya saing dan kompetensi akan sumber daya manusia, Perusahaan selalu menyiapkan serangkaian pelatihan dan pengembangan. Perusahaan selalu memegang prinsip “Jangan pernah berhenti belajar” yang manjadi dasar dalam pengembangan sumber daya manusia yang merupakan aset penting.
MY KNOWLEDGE, MY SKILL & MY COMPETENCE The rapid development of knowledge and technology has caused several developments in the entire industrial sectors and plastic packaging industry is also included. Therefore, to always keep up with competitiveness and competence of human resources, the Company always prepare series of training and development. The Company always keep principle of “Never give up on learning” which became based in development of human resources that is important asset.
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Tanggungjawab Sosial Perusahaan corporate social responsibility
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BERLINA FOR COMMUNITY Tanggung Jawab Sosial PT Berlina, Tbk (Berlina) menggunakan istilah “Berlina For Community”. Sebagai Perusahaan terbuka di Indonesia, Berlina berkomitmen untuk ikut berperan serta mengambil bagian dalam tanggungjawab terhadap konsumen, karyawan, pemegang saham, komunitas dan lingkungan dalam segala aspek operasional Perusahaan.
BERLINA FOR COMMUNITY Corporate Social Responsibility of PT Berlina, Tbk (Berlina) using the term “Berlina For Community”. As a public listed Company in Indonesia, Berlina commit to actively participate in responsibility to consumers, employees, shareholders, community and environment in every part of the Company’s operation.
Mengurangi konsumsi dan limbah, menggunakan kembali segala sesuatu yang bisa dipergunakan kembali, dan mendaur ulang (plastik, kertas, alumunium, dll) merupakan hal yang luar biasa yang dapat kita lakukan untuk menjaga kelestarian lingkungan. Berlina merespon hal tersebut dengan memberikan edukasi mengenai pentingnya 3R (Reduce, Reuse & Recycle) dan juga menemukan cara untuk dalam melakukan 3R tersebut.
Reduce consumption and waste, reuse everything that could use again, and recycle (plastic, paper, aluminum, etc) are extraordinary things that we could do to preserve environmental sustainability. Berlina responded by gave education about the importance of 3R (Reduce, Reuse, & Recycle) and also find a way to do those 3R.
“Berlina for Community” berhubungan erat dengan pertumbuhan Perusahaan, dimana dalam melaksanakan aktivitasnya harus mendasarkan keputusannya tidak semata hanya dari faktor keuangan melainkan juga harus berdasarkan konsekuensi sosial dan lingkungan untuk saat ini maupun untuk jangka panjang.
“Berlina For Community” is highly depend on the Company’s growth, where in the decision making process of activities not only based on financial factor but as well as on social and environment consequences booth current and long-term.
Sertifikasi ISO 14001 yang diperoleh Berlina menjadi bukti komitmen Perusahaan terhadap aspek lingkungan.
ISO 14001 certification obtained by Berlina are prove to the Company’s commitment to environmental.
Perkiraan biaya yang dikeluarkan oleh Perseroan untuk program Tanggung jawab sosial Perseroan terkait aspek praktik lingkungan hidup adalah sebesar Rp 50 juta.
Estimated cost being paid by the Company for Corporate Social Responsibility in relation with aspect of environmental practice amounted Rp 50 million.
Hal ini yang menjadi perhatian khusus dari Berlina dengan meningkatan kepekaan dan kepedulian terhadap lingkungan dan masalah etika budaya sekitar. Masalah-masalah seperti perusakan lingkungan, perlakuan tidak layak terhadap karyawan, dan cacat produksi yang mengakibatkan ketidaknyamanan ataupun berbahaya bagi konsumen berusaha untuk dihindarkan.
This became special attention of Berlina by increase sensitivity and awareness of neighborhood environment and ethical culture problems. Problems like destruction of environment, mistreatment of employees, and product defect that resulting inconvenience or harmful to customer are sought to be avoided.
ASPEK LINGKUNGAN HIDUP Menjadi Perusahaan yang ramah lingkungan sudah menjadi komitmen Berlina dalam menjalankan operasional Perusahaan. Limbah yang dihasilkan sedapat mungkin diolah kembali untuk dapat dimanfaatkan dan limbah berbahaya lainnya diawasi secara ketat untuk menghindari tercecernya ke lingkungan yang dapat membahayakan karyawan, masyarakat maupun lingkungan. Komitmen inilah yang kemudian dituangkan ke dalam “Green Project” dengan menerapkan waste management system di Perusahaan untuk pengelolaan dan pengawasan limbah.
ENVIRONMENTAL ASPECT To become environmental friendly Company had been Berlina commitment in running the Company’s operation. Waste produces being reprocessed for the good use wherever possible and other hazardous waste are tightly monitor to prevent its spill out to surroundings that could harm employees, societies, and environment. This commitment that stated into “Green Project” with implementation of waste management system in the Company for waste processing and monitoring.
ASPEK PRAKTIK KETENAGAKERJAAN Perusahaan sangat memperhatikan aspek keselamatan tenaga kerja dimana Perusahaan telah memberikan penyuluhan dalam penanggulangan dalam hal terjadinya kebakaran, melengkapi lingkungan kerja dengan arah evakuasi, alat pemadam kebakaran, hydrant di sekitar lingkungan operasional Perusahaan, pemasangan sinyal untuk kebakaran, pemasangan gambar tindakan-tindakan bahaya yang dapat mencelakakan pekerja, penyuluhan safety riding, pemberlakuan area khusus untuk merokok dan larangan untuk merokok dalam lingkungan operasional.
EMPLOYMENT PRACTICES ASPECT The Company very concern about aspect of employee safety where the Company has given education in the response of event of fire occurs, equip working environment with evacuation direction, fire extinguisher, placing hydrant in the operational area of the Company, equipped with signal for fire, installation of pictures of malicious actions that can harm employee, education for safety riding, imposition special area for smoking and a ban on smoking in the operational area.
Berlina juga sudah menyediakan poli-klinik di masing-masing pabrik dan untuk menjamin fasilitas kesehatan ini, Perusahaan telah bekerjasama dengan beberapa Rumah Sakit Swasta yang berada di areal sekitar pabrik,
Berlina also provide p oly-clinic in ever y plant and to ensure this health facility, the Company has collab orate d with several Private Hospitals that lo cate s surround plants,
laporan tahunan • annual report 2013 PT Berlina Tbk.
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dimana Rumah Sakit tersebut juga berperan sebagai “Trauma Centre” bagi Perusahaan. Kerjasama dengan Rumah Sakit tersebut juga meliputi kegiatan training center untuk pelatihan P3K (Pertolongan Pertama Pada Kecelakaan), dan pelatihan mengenai kesehatan lainnya.
where Hospital also takes a role as “Trauma Centre” for the Company. Cooperation with these Hospital also include training center for first aid training, and training on other health.
Dukungan untuk mencapai “Zero Accident” juga dilakukan dengan memberikan sosialisasi mengenai resiko atas aktifitas pekerjaan dengan cara menghindarkan potensi bahaya di setiap proses yang dilakukan dalam pekerjaan seperti yang tercantum dalam buku panduan K3L Berlina. Kesadaraan karyawan dalam penggunaan APD (Alat Pelindung Diri) mutlak dilakukan sebagai awal proteksi diri terhadap resiko keselamatan dan kesehatan karyawan dalam menjalankan pekerjaannya.
Support to achieve “Zero Accident” also carried out by providing socialization about risk of wok activities and way to prevent potential hazards at each process in the work such as listed in K3L Berlina guidance book. Employee awareness on using Self Protection Tools are absolute as initial self protection to health and safety risk of employee on working.
Perusahaan setiap tahun mengadakan hiburan yang diperuntukkan kepada karyawan sekaligus memberikan penghargaan kepada karyawan yang telah mengabdi dengan jangka waktu yang cukup lama kepada Perseroan. Selain daripada itu, Perseroan juga mengadakan gathering yang dihadiri oleh keluarga karyawan dengan melakukan tamasya, serta beberapa kegiatan-kegiatan lainnya.
Every year the Company organized entertainment reserved to employees as well to give recognition to employee that has served the Company for long time period. Beside from that, the Company also organized employee gathering attended by employee’s families by outing also other activities.
Perusahaan tidak melakukan diskriminasi dalam mempekerjakan dan mengakui kesetaraan gender. Setiap karyawan mempunyai kesempatan yang sama dalam berkarir di Perusahaan seperti yang telah tercantum dalam Kode Etik Perusahaan.
The Company does not discriminate in term of hiring and recognized gender equality. Every employee has equal opportunity for carrier in the Company as stated in the Company Code of Conduct.
Sertifikasi OHSAS 18001 yang diperoleh Berlina menjadi bukti komitmen Perusahaan terhadap keselamatan kerja seluruh karyawan.
OHSAS 18001 certification obtained by Berlina are prove to the Company’s commitment to safety of employees.
laporan tahunan • annual report 2013 PT Berlina Tbk.
Perkiraan biaya yang dikeluarkan oleh Perseroan untuk program Tanggung jawab sosial Perseroan terkait aspek praktik ketenagakerjaan adalah sebesar Rp 350 juta.
Estimated cost being paid by the Company for Corporate Social Responsibility in relation with aspect of employment practice amounted Rp 350 million.
ASPEK SOSIAL DAN KEMASYARAKATAN Kepedulian kepada masyarakat sekitar dan relasi komunitas dapat diartikan sangat luas, namun secara singkat dapat dimengerti sebagai peningkatan partisipasi dan posisi Berlina di dalam sebuah komunitas melalui berbagai upaya yang dilakukan oleh Perusahaan dan komunitas bersama-sama.
SOCIAL AND COMMUNITY ASPECT Awareness of neighborhood societies and relation with the communities could be interpreted widely, although in short could translate as increase of participation and Berlina position in a community through several attempts by booths the Company and community.
Untuk memberdayakan masyarakat sekitar, Berlina juga memberikan peluang bagi masyarakat sekitar untuk dapat bekerja di Perusahaan, tapi tentu saja sesuai dengan kriteria kebutuhan dan standar minimal kompetensi pekerjaan di Perusahaan. Termasuk juga untuk kegiatan Perusahaan lainnya misalnya pengelolaan limbah rumah tangga, jasa pengangkutan, juga jasa catering untuk karyawan Perusahaan
To empower surroundings neighborhood, Berlina also give chance to surroundings societies to be able to work in the Company, but of course must meet with criteria needs and minimum work standard competencies in the Company. Include with other Company’s activities such as processing of household waste, freight services, also catering services for employees of the Company.
Perkiraan biaya yang dikeluarkan oleh Perseroan untuk program Tanggung jawab sosial Perseroan terkait aspek sosial dan kemasyarakatan adalah sebesar Rp 50 juta.
Estimated cost being paid by the Company for Corporate Social Responsibility in relation with social and community aspect amounted Rp 50 million.
ASPEK TANGGUNG JAWAB PRODUK Perusahaan secara aktif menerapkan peningkatan dan menjaga kualitas produk diantaranya menjaga kebersihan dan higenitas produk agar terbebas dari kontaminasi, berupaya untuk menghasilkan produk yang ramah lingkungan.
PRODUCT RESPONSIBILITY ASPECT The Company actively apply enhancement and maintain product quality among others keep the product cleanliness and hygiene to be free from contamination to produce environmental friendly product.
Perkiraan biaya yang dikeluarkan oleh Perseroan untuk program Tanggung jawab sosial Perseroan terkait aspek tanggung jawab produk adalah sebesar Rp 100 juta.
Estimated cost being paid by the Company for Corporate Social Responsibility in relation with product responsibility aspect amounted Rp 100 million.
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Analisa Segmen segment analysis
BOTOL PLASTIK, SIKAT GIGI DAN MOULD Pada tahun 2013, terdapat peningkatan kapastitas produksi sebesar 14% dibandingkan tahun lalu, atau mengalami kenaikan sebesar 4.000 tons per tahun, dan Perusahaan mempertahankan tingkat utilisasi produksi pada kisaran 65%-70%, untuk menjamin ketersediaan kapasitas bagi para pelanggannya apabila terdapat lonjakan permintaan, juga untuk pelanggan-pelanggan baru. Selain itu tingkat utilisasi tersebut tetap dijaga untuk mendapatkan harga jual yang tetap bersaing.
PLASTIC BOTTLES, TOOTH BRUSH, AND MOULD In 2013, there was increase in production capacity of 14% compared to prior year, or increased of 4,000 tons per year, and the Company maintained production utilization level between 65%-70%, to ensure the availability of capacity for its customers if there were increase on demand, also for new customers. Meanwhile utilization level maintained for competitive selling price.
Terdapat peningkatan penjualan bersih yang cukup signifikan sebesar 19% atau sebesar Rp 129 milliar dibandingkan tahun 2012. Peningkatan penjualan ini didukung dengan peningkatan volume penjualan sebesar 5% untuk lini bisnis yang telah dimiliki sejak tahun lalu. Selain daripada itu, juga terdapat sumbangsih atas akuisisi PT Quantex pada pertengahan tahun sebesar 2% terhadap penjualan bersih.
There was significant increase on net sales of 19% or amounting to Rp 129 billion compared to 2012. The sales growth supported with growth in sales volume at 5% for existing business line from last year. Aside from that, there’s also contribution of PT Quantex acquisition in the middle of the year for 2% of net sales.
Laba usaha pada tahun 2013 mengalami penurunan sebesar 47% dibandingkan tahun 2012. Sedangkan Prosentase harga pokok penjualan terhadap penjualan bersih mengalami kenaikan sebesar 4% yang terutama disebabkan oleh kenaikan biaya produksi dan harga material, selain itu meningkatnya biaya produksi yang diakibatkan dari peningkatan upah buruh dan biaya pabrikasi. Untuk biaya usaha mengalami peningkatan sebesar 83% atau setara dengan Rp 45 milliar dibandingkan tahun lalu.
Net operating profit in 2013 decreased at 47% compare with 2012. Meanwhile percentage of cost of goods sold to net sales has been increase at 4%, mainly cause by increase in cost of production and material price, meanwhile the increase in costs of production cause by the increase of wages and factory overhead. For operating expenses increased at 83% or amounting to Rp 45 billion compared to prior year.
Peningkatan biaya usaha disebabkan oleh peningkatan biaya penjualan sebesar Rp 6 milliar atau sebesar 34% yang terutama disebabkan oleh biaya pengangkutan yang berbanding lurus dengan peningkatan volume penjualan dan peningkatan harga bahan bakar minyak di Indonesia. Peningkatan biaya umum dan administratif sebesar Rp 11 milliar atau
80
laporan tahunan • annual report 2013 PT Berlina Tbk.
The increase of operating expenses cause by increase of selling expenses amounted Rp 6 billion or at 34% mainly cause by the increase freight expenses which in line with growth of sales volume and increase of fuel price in Indonesia. The increase of general and administrative expenses amounting Rp 11 billion or
at 29% mainly cause by the increase of salaries and benefits, which in line with increase of minimum wage. The increase of other expenses amounting Rp 31 billion or five times from last year in line with the weakens of rupiah to foreign exchange rate. Meanwhile increase of other income amounting Rp 4 miliar or at 41% to last year cause by increase of scraps sales in line with the Company expansion.
sebesar 29% yang terutama disebabkan oleh kenaikan gaji dan tunjangan seiring dengan peningkatan upah minimum regional. Peningkatan biaya lain-lain sebesar Rp 31 miliar atau sebesar lima kali lipat dari tahun lalu sejalan dengan melemahnya nilai tukar rupiah terhadap mata uang asing. Sedangkan peningkatan pendapatan lain-lain sebesar Rp 4 miliar atau sebesar 41% dari tahun lalu diakibatkan peningkatan penjualan barang bekas yang sejalan dengan ekspansi Perusahaan. LAMINATE & PLASTIK TUBE Pada tahun 2013, PT. Lamipak Primula Indonesia (LPI), Anak Perusahaan, mempertahankan kapasitas produksinya sebesar 821 juta tubes per tahun, dan tingkat utilisasi produksi pada kisaran 65%. Manajemen berpendapat bahwa kapastitas tidak terpakai masih mencukupi lonjakan permintaan dari pelanggan maupun dari pelanggan baru.
LAMINATE & PLASTIC TUBE In 2013, PT. Lamipak Primula Indonesia (LPI), Subsidiary, maintain production capacity at 821 million tubes per year, and utilization rate around 65%. Management believes unutilized capacity was able to cover increase of demand from customers, as well as new customers. Segmentation of tube successfully maintained sales volume to be the same with prior year where it achieved Rp 166 billion. Loss of net operating amounting Rp 9 billion, decreased at 140% or Rp 31 billion compared to prior year. The decrease was caused by increase of raw material and production costs, also the weaken of rupiah to foreign exchanges rates.
Segmentasi tube berhasil mempertahankan volume penjualan yang sama dengan tahun lalu dimana mencapai Rp. 166 milliar. Perolehan kerugian usaha sebesar Rp 9 miliar, dimana mengalami penurunan sebesar 140% atau sebesar Rp 31 miliar dibandingkan tahun lalu. Penurunan tersebut diakibatkan oleh meningkatnya harga bahan baku dan biaya-biaya produksi serta pelemahan nilai tukar rupiah atas mata uang asing.
laporan tahunan • annual report 2013 PT Berlina Tbk.
81
Cakupan Proses Produksi production process ranges
82
BLOW MOULDING
INJECTION MOULDING
DECORATION
THERMOFORMING
INJECTION BLOW MOULDING
INJECTION STRETCH BLOW MOULDING
BLOWN FILM
LAMINATED TUBE
TOOTHBRUSH
MOULD SHOP
MINI TUBE
PLASTIC TUBE
laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
83
Sertifikat & Penghargaan certificates & awards
Lokasi Pabrik & Kantor
factory & office location KAPASITAS PRODUKSI TOTAL PT BERLINA Tbk PT BERLINA Tbk TOTAL PRODUCTION CAPACITY 30.200 MT 821 Mio Pcs
HPPP - HEFEI, CHINA 7.500 MT
BERLINA, PANDAAN - JAWA TIMUR 10.500 MT
BERLINA, CIKARANG - JAWA BARAT 5.850 MT
BERLINA, TANGERANG - BANTEN
INDONESIA
4.900 MT
LAMIPAK, SIDOARJO - JAWA TIMUR 821 Mio Pcs
QUANTEX, TANGERANG - BANTEN 1.450 MT
84
laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
85
Surat Pernyataan Anggota Dewan Komisaris dan Direksi Tentang Tanggung Jawab Atas Laporan Tahunan 2013 PT Berlina Tbk. Board of Commissioners and Directors’ Statement On Annual Report 2013 Responsibility of PT Berlina Tbk Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam laporan tahunan PT Berlina Tbk tahun 2013 telah dimuat secara lengkap dan bertanggung jawab penuh atas kebenaran isi laporan tahunan perusahaan.
We, the undersigned, hereby state that all information in the Annual Report of PT Berlina Tbk for the year 2013, have been written completely and be fully responsible for the validity of this report.
Demikian pernyataan ini dibuat dengan sebenarnya.
This statement is properly made.
Bekasi, 14 April 2014 I Bekasi April 14th, 2014
LAPORAN KEUANGAN
financial reports
2013
Dewan Komisaris PT Berlina Tbk The Board of Commissioners PT Berlina Tbk
Lisjanto Tjiptobiantoro Presiden Komisaris | President Commissioner
Oei Han Tjhim
Antonius Hanifah Komala
Komisaris | Commissioner
Komisaris Independen | Independent Commissioner
Dewan Direksi PT Berlina Tbk The Board of Directors PT Berlina Tbk
86
Lim Eng Khim
Lukman Sidharta
Lau Chek Kiong
Presiden Direktur | President Director
Direktur | Director
Direktur | Director
laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
87
Kantor Pusat | Head Office & Cikarang Factory : Jl. Jababeka Raya Blok E12 – 17 Kawasan Industri Jababeka – Cikarang Desa Wangunharja, Kecamatan Cikarang Utara Bekasi 17832 - Indonesia Phone : (62-21) 898 30160 • Fax : (62-21) 898 30161 Email :
[email protected]
www.berlina.co.id
Surat Pernyataan Anggota Dewan Komisaris dan Direksi Tentang Tanggung Jawab Atas Laporan Tahunan 2013 PT Berlina Tbk. Board of Commissioners and Directors’ Statement On Annual Report 2013 Responsibility of PT Berlina Tbk Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam laporan tahunan PT Berlina Tbk tahun 2013 telah dimuat secara lengkap dan bertanggung jawab penuh atas kebenaran isi laporan tahunan perusahaan.
We, the undersigned, hereby state that all information in the Annual Report of PT Berlina Tbk for the year 2013, have been written completely and be fully responsible for the validity of this report.
Demikian pernyataan ini dibuat dengan sebenarnya.
This statement is properly made.
Bekasi, 14 April 2014 I Bekasi April 14th, 2014
LAPORAN KEUANGAN
financial reports
2013
Dewan Komisaris PT Berlina Tbk The Board of Commissioners PT Berlina Tbk
Lisjanto Tjiptobiantoro Presiden Komisaris | President Commissioner
Oei Han Tjhim
Antonius Hanifah Komala
Komisaris | Commissioner
Komisaris Independen | Independent Commissioner
Dewan Direksi PT Berlina Tbk The Board of Directors PT Berlina Tbk
86
Lim Eng Khim
Lukman Sidharta
Lau Chek Kiong
Presiden Direktur | President Director
Direktur | Director
Direktur | Director
laporan tahunan • annual report 2013 PT Berlina Tbk.
laporan tahunan • annual report 2013 PT Berlina Tbk.
87
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN POSISI KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
Catatan/ Notes ASET ASET LANCAR Õ¿ ¼¿² »¬¿®¿ µ¿
2013 Rp
2012 Rp
îºôî¹ôìôíèôìï
éíòððíòïïï
ìíòéííòíçé
ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ î¹ôëôíèôìï 竬¿²¹ «¿¸¿ ó »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ »¾»¿® ΰ êððòïçç °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰíïíòððï÷ î¹ôî¸ôêôíèôìï 竬¿²¹ ´¿·²ó´¿·² î¹ôî¸ôíèôìï л®»¼·¿¿² ó »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»®»¼·¿¿² «¿²¹ ¼¿² ´¿³¾¿¬ ¾»®¹»®¿µ »¾»¿® ΰ êòçííòèëé °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰ îòïíéòîïî÷ î·ôé Ë¿²¹ ³«µ¿ °»³¾»´·¿² è п¶¿µ ¼·¾¿§¿® ¼· ³«µ¿ îôíí¿ Þ·¿§¿ ¼·¾¿§¿® ¼· ³«µ¿ îµ
ëòïðìòìëî
ëòðìèòïìé
ïëèòïïëòïèð ïòèèðòìðí
ïíéòðçðòèêê èòçíìòéçè
ïìèòëèîòëëì íéòéëðòîîë îéòêìçòêðì ìòíêëòëìì
ïïëòéíëòëèê îðòèçëòîëê Š ïòéîìòðîê
ASSETS CURRENT ASSETS Cash and cash equivalents Short-term investments in marketable securities Trade receivables - net of allowance for impairment of receivables of Rp 600,199 as at December 31, 2013 (December 31, 2012: Rp 313,001) Other receivables Inventories - net of allowance for obsolete and slow moving inventories of Rp 6,933,857 as at December 31, 2013 (December 31, 2012: Rp 2,137,212) Advances for purchase Prepaid taxes Prepaid expenses
456.451.073
333.162.076
Total current assets
Total aset lancar ASET TIDAK LANCAR 竬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿· ó »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ »¾»¿® ΰ Ò·¸·´ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰ íòððíòïíë÷ ß»¬ °¿¶¿µ ¬¿²¹¹«¸¿² Þ»¾¿² ¬¿²¹¹«¸¿² ß»¬ ¬»¬¿° ó »¬»´¿¸ ¼·µ«®¿²¹· ¿µ«³«´¿· °»²§««¬¿² ¼¿² °»²«®«²¿² ²·´¿· »¾»¿® ΰ ìíìòééïòìçè °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰ íëèòîëêòìïè÷ ß»¬ ¬¿µ ¾»®©«¶«¼ ó »¬»´¿¸ ¼·µ«®¿²¹· ¿µ«³«´¿· ¿³±®¬·¿· »¾»¿® ΰ ïîòêééòïïë °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïî æ ΰ ïðòíìéòííè÷ ß»¬ ¬·¼¿µ ´¿²½¿® ´¿·²ó´¿·² Total aset tidak lancar TOTAL ASET
î»ôçôíðôìï íí¼ ííº
Š ïòðèèòêçð ïòëíçòíìë
îòîëìòéðð Š ïòëíçòíìë
î´ôî³ôî°ô ïðôïê
êíçòîçéòêïè
ìîéòîíîòïïê
NON-CURRENT ASSETS Due from related parties - net of allowance for impairment of receivables of Rp Nil as at December 31, 2013 (December 31, 2012: Rp3,003,135) Deferred tax assets Deferred expenses Property, plant & equipment - net of accumulated depreciation and impairment loss of Rp 434,771,498 as at December 31, 2013 (December 31, 2012: Rp 358,256,418)
îîòïçêòèìð ìòëëçòïìç
îòíëìòîçð íòèìïòìðí
Intangible assets- net of accumulated amortization of Rp 12,677,115 as at December 31, 2013 (December 31, 2012 : Rp10,347,338) Other non-current assets
668.681.642
437.221.854
Total non-current assets
1.125.132.715
770.383.930
TOTAL ASSETS
î¯ôïï ïîôìï
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
ï
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN POSISI KEUANGAN KONSOLIDASIAN øÔ¿²¶«¬¿²÷ Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Continued) As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
Catatan/ Notes
2013 Rp
2012 Rp
LIABILITAS DAN EKUITAS LIABILITAS LIABILITAS JANGKA PENDEK з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ ˬ¿²¹ «¿¸¿ ˬ¿²¹ °¿¶¿µ ˬ¿²¹ ´¿·²ó´¿·² ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° Ë¿²¹ ³«µ¿ °»²¶«¿´¿² Þ»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿® Ô·¿¾·´·¬¿ §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«²æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿²
LIABILITIES AND EQUITY
î¹ôïíôíèôìï î¹ôïìôíèôìï îôíí¾ î¹ôïëôíèôìï
ïçìòçðèòéîê ïêèòîêïòïéï éòíèçòîéì èòéêéòîçè
èîòéïíòêðí ïîîôêéíôêçð êòîëçòçíí çòèêçòððï
ïê¿ôíèôìï ïé ïè
ïçòççîòèêë îïòèêêòëíî îèòéèðòðîð
íëòëèìòïçð êèîòîïï çòíííòêîî
î¹ôïíôíèôìï î¹ôî³ôïçôíèôìï
èëòêîêòïêî îêòééêòëéï
ëïòéëðòëîë îíòíïçòìðè
LIABILITIES CURRENT LIABILITIES Short-term bank loans Trade payables Taxes payable Other payables Purchase of property, plant and equipment payable Sales advances Accrued expenses Current portion of long-term liabilities: Bank loans Obligation under finance leases
ëêîòíêèòêïç
íìîòïèêòïèí
Total current liabilities
̱¬¿´ ´·¿¾·´·¬¿ ¶¿²¹µ¿ °»²¼»µ LIABILITAS JANGKA PANJANG Ô·¿¾·´·¬¿ §¿²¹ ¶¿²¹µ¿ °¿²¶¿²¹ »¬»´¿¸ ¼·µ«®¿²¹· ¾¿¹·¿² §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«²æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿²
NON-CURRENT LIABILITIES
î¹ôïíôíèôìï î¹ôî³ôïçôíèôìï
ééòçïéòìêð íïòîêîòîðë
êçòðèëòïíè íèòèîçòêïç
ïê¿ôíèôìï î±ôíí¼ î²ôîð
ïîîòèêçòëïï ïòèìêòéçí îîòçèêòçìè
Š ïòíðëòíëî ïéòïìéòéðê
Long-term liabilities net of current portion: Bank loan Obligation under finance leases Purchase of property, plant and equipment payable Deferred tax liabilities Post-employment benefit obligation
̱¬¿´ ´·¿¾·´·¬¿ ¶¿²¹µ¿ °¿²¶¿²¹
îëêòèèîòçïé
ïîêòíêéòèïë
Total non-current liabilities
TOTAL LIABILITAS
819.251.536
468.553.998
TOTAL LIABILITIES
ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² Ô·¿¾·´·¬¿ ·³¾¿´¿² °¿½¿ µ»®¶¿
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
î
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN POSISI KEUANGAN KONSOLIDASIAN øÔ¿²¶«¬¿²÷ Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Continued) As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
Catatan/ Notes EKUITAS Ó±¼¿´ Í¿¸¿³æ Ó±¼¿´ ¼¿¿® Š ïòëððòðððòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰ ëð ø²·´¿· °»²«¸÷ °»® ¿¸¿³ö÷ Ó±¼¿´ ¼·¬»³°¿¬µ¿² ¼¿² ¼·»¬±® °»²«¸ ó êçðòðððòðð𠿸¿³ö÷ Ì¿³¾¿¸¿² ³±¼¿´ ¼·»¬±® Í¿´¼± ´¿¾¿æ Ü·¬»²¬«µ¿² °»²¹¹«²¿¿²²§¿ Þ»´«³ ¼·¬»²¬«µ¿² °»²¹¹«²¿¿²²§¿ Õ±³°±²»² »µ«·¬¿ ´¿·²²§¿
TOTAL EKUITAS TOTAL LIABILITAS DAN EKUITAS ö÷
2012 Rp
îï îî
íìòëððòððð ëéëòððð
íìòëððòððð ëéëòððð
îí
êòçððòððð ïçîòíëðòïíç ëðòíîìòèíê
êòçððòððð îïéòëìêòíêð ïêòìéîòçîï
EQUITY Capital Stock Authorized capital – 1,500,000,000 shares with par value of Rp 50 (full amount) per share ö÷ Issued and fully paid up 690,000,000 sharesö÷ Additional paid-in capital Retained earnings: Appropriated Unappropriated Other equity components
îèìòêìçòçéë
îéëòççìòîèï
Total equity attributable to owners to the parent
îïòîíïòîðì
îëòèíëòêëï
Non-controlling interest
305.881.179
301.829.932
TOTAL EQUITY
1.125.132.715
770.383.930
TOTAL LIABILITIES AND EQUITY
̱¬¿´ »µ«·¬¿ §¿²¹ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µ Õ»°»²¬·²¹¿² ²±²ó°»²¹»²¼¿´·
2013 Rp
îì
*)
Í»¬»´¿¸ °»³»½¿¸¿² ¿¸¿³ øÝ¿¬¿¬¿² îï÷
After stock split (Note 21)
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
í
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the Year Ended December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
Catatan/ Notes
2013
2012
Rp
Rp
PENJUALAN NETO
î²ôîê
çêðòçççòçêë
èíêòçèêòìêí
BEBAN POKOK PENJUALAN
î²ôîé
øéçïòêìêòíêç ÷
øêëéòêïðòêëì ÷
ïêçòíëíòëçê
ïéçòíéëòèðç
ïíòðëìòëíï øíïòïîíòííè ÷ øêîòêíïòçèë ÷ øëéòìêëòíëç ÷
ïðòèëðòêìê øîíòçìëòèðë ÷ øìéòèííòçðç ÷ øïïòðìëòééè ÷
LABA BRUTO л²¼¿°¿¬¿² ´¿·²²§¿ Þ»¾¿² °»²¶«¿´¿² Þ»¾¿² «³«³ ¼¿² ¿¼³·²·¬®¿· Þ»¾¿² ´¿·²²§¿
îè î²ôîç î²ôíð î²ôíï
LABA USAHA
31.187.445
л²¼¿°¿¬¿² ¾«²¹¿ ¼¿² µ»«¿²¹¿² Þ»¾¿² ¾«²¹¿ ¼¿² µ»«¿²¹¿²
î² íî
LABA (RUGI) SEBELUM PAJAK Þ»¾¿² °¿¶¿µ °»²¹¸¿·´¿²
íí»
LABA (RUGI) TAHUN BERJALAN
107.400.963
TOTAL LABA KOMPREHENSIF TAHUN BERJALAN Ô¿¾¿ ø®«¹·÷ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿æ л³·´·µ »²¬·¬¿ ·²¼«µ Õ»°»²¬·²¹¿² ²±²ó°»²¹»²¼¿´· Total ̱¬¿´ ´¿¾¿ ø®«¹·÷ µ±³°®»¸»²·º §¿²¹ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿æ л³·´·µ »²¬·¬¿ ·²¼«µ Õ»°»²¬·²¹¿² ²±²ó°»²¹»²¼¿´· Total
î¼ôîí
COST OF GOODS SOLD GROSS PROFIT Other income Selling expenses General and administrative expenses Other expenses PROFIT FROM OPERATIONS Interest and finance income Interest and finance costs
ïçìòéðì øíçòëïìòîéê ÷
ïòïíïòîéí øîèòëððòïìì ÷
(8.132.127 )
80.032.092
øìòðèéòîçì ÷
øîëòëíëòèðî ÷
(12.219.421 )
54.496.290
PROFIT (LOSS) FOR THE YEAR
ííòèëïòçïë
êòïìêòçêê
Other comprehensive income Foreign exchange differences due to translation of financial statements
21.632.494
60.643.256
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
ìçòëéïòîèî ìòçîëòððè 54.496.290
Profit (loss) for the year attributable to: Owners of the parent Non-controlling interest Total
ëëòéïèòîìè ìòçîëòððè 60.643.256
Total comprehensive income (loss) attributable to: Owners of the parent Non-controlling interest Total
л²¼¿°¿¬¿² µ±³°®»¸»²·º ´¿·²²§¿æ Í»´··¸ µ«® ¼¿®· °»²¶¿¾¿®¿² ´¿°±®¿² µ»«¿²¹¿²
NET SALES
øçòíîêòîîï ÷ øîòèçíòîðð÷ ÷ (12.219.421 )
îìòëîëòêçì øîòèçíòîðð ÷ 21.632.494
PROFIT (LOSS) BEFORE TAX Corporate income tax expense
LABA (RUGI) PER SAHAM (angka penuh)
EARNINGS (LOSS) PER SHARE (full amount)
Ü¿¿®ô ´¿¾¿ ø®«¹·÷ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µ
Basic, profit (loss) for the year attributable to owners of the parent
(14 )
72
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
ì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN ARUS KAS KONSOLIDASIAN Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOW For the Year Ended December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp ARUS KAS DARI AKTIVITAS OPERASI л²»®·³¿¿² µ¿ ¼¿®· °»´¿²¹¹¿² л³¾¿§¿®¿² µ¿ µ»°¿¼¿ °»³¿±µ ¼¿² µ¿®§¿©¿²
2012 Rp
çêðòíéêòëéì
èíðòççíòðçì
CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from customers
øéçéòíëíòêîê ÷
øêéêòíðéòèèé÷
Cash paid to suppliers, and employees
Õ¿ ¼·¸¿·´µ¿² ¼¿®· ±°»®¿·
ïêíòðîîòçìè
ïëìòêèëòîðé
л³¾¿§¿®¿² ¾«²¹¿ ¼¿² ¾»¾¿² µ»«¿²¹¿² л³¾¿§¿®¿² °¿¶¿µ °»²¹¸¿·´¿²
øíèòììðòíèç ÷ øîïòìçêòðëë ÷
øîçòíîðòçïì ÷ øîìòîêèòíèê ÷
Kas neto diperoleh dari aktivitas operasi
103.086.504
101.095.907
ARUS KAS DARI AKTIVITAS INVESTASI ßµ«··· »²¬·¬¿ ¿²¿µ л²¶«¿´¿² »º»µ л²»®·³¿¿² ¾«²¹¿
Cash generated from operations Interest and finance cost paid Income tax paid Net cash provided by operating activities
Ø¿·´ °»²¶«¿´¿² ¿»¬ ¬»¬¿° л®±´»¸¿² ¿»¬ ¬»¬¿° Ø¿·´ °»²¶«¿´¿² ¿»¬ ¬»¬¿° ¼·¶«¿´ ¼¿² ¼·»©¿ µ»³¾¿´· л²»®·³¿¿² µ¿ ¼¿®· °·¸¿µ ¾»®»´¿·
êçëòèîï øëéòéíìòèêì ÷
îçíòìïî øèíòëíçòëïï ÷
ïëòèîêòèíç îòîëìòéðð
ííòîìîòíïé Š
л³¾¿§¿®¿² «¿²¹ ³«µ¿ °»³¾»´·¿² ¿»¬ ¬»¬¿°
øïíòìíïòíðë ÷
øïïòíìîòîéí ÷
CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of subsidiaries Proceeds from sales of securities Interest received Proceeds from sale of property, plant and equipment Acquisitions of property, plant and equipment Proceeds from sale and leaseback transactions Cash receipts from related parties Advance payment for purchase of property, plant and equipment
Kas neto digunakan untuk aktivitas investasi
(78.914.105 )
(60.214.782 )
Net cash used in investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN л²»®·³¿¿² °·²¶¿³¿² ¾¿²µ л³¾¿§¿®¿² °·²¶¿³¿² ¾¿²µ л³¾¿§¿®¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿² л³¾¿§¿®¿² °·²¶¿³¿² µ»°¿¼¿ °·¸¿µ µ»¬·¹¿ л²»®·³¿¿² «¿²¹ ³«µ¿ °»²¶«¿´¿² ¿»¬ ¬»¬¿° л³¾¿§¿®¿² ¼·ª·¼»² µ»°¿¼¿ °»³»¹¿²¹ ¿¸¿³ ²±²ó°»²¹»²¼¿´· »²¬·¬¿ ¿²¿µ л³¾¿§¿®¿² ¼·ª·¼»² Kas neto digunakan untuk aktivitas pendanaan
øîéòéîðòððð ÷ ïòðððòððð ïçìòéðì
Š Š ïòïíïòîéí
øïòèððòððð ÷ øïëòéííòççî ÷
øçððòððð ÷ øïîòîëîòèéé ÷
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from bank loans Payments of bank loans Payments of obligation under finance lease Payment of loan to third parties Advance received from sale and leaseback transaction Payment of cash dividends to non-controlling interest of subsidiaries Payment of cash dividends
(8.699.757 )
(36.542.545 )
Net cash used in financing activities
ëííòêëéòêèð øëïëòççïòéíé ÷ øîìòììèòçèë ÷ øîòêððòððð ÷ ïèòîïéòîéé
ííïòçìèòïéè øíííòêðéòïðì ÷ øîïòéíðòéìî ÷ Š Š
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA LAPORAN ARUS KAS KONSOLIDASIAN øÔ¿²¶«¬¿²÷ Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2013 øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOW (Continued) For the Year Ended December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp
2012 Rp
KENAIKAN NETO KAS DAN SETARA KAS
ïëòìéîòêìî
ìòííèòëèð
KAS DAN SETARA KAS AWAL TAHUN
ìíòéííòíçé
íçòëïéòîçé
л²¿³¾¿¸¿² µ¿ ³»´¿´«· ¿µ«··· »²¬·¬¿ ¿²¿µ л²¹¿®«¸ °»®«¾¿¸¿² µ«® ³¿¬¿ «¿²¹ ¿·²¹ KAS DAN SETARA KAS AKHIR TAHUN
íòëçêòììë ïðòîððòêîé
Š øïîîòìèð ÷
73.003.111
43.733.397
NET INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENT AT BEGINNING OF YEAR Additional cash due to acquisition of subsidiary Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT END OF YEAR
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan --------------------------------------------------------------------------------------The accompanying notes to the consolidated financial statements are an integral part of these consolidated financial statements taken as a whole
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
1. U M U M
1. GENERAL
a. Pendirian dan informasi umum
a. Establishment and general information
ÐÌ Þ»®´·²¿ ̾µ øл®«¿¸¿¿²÷ ¼·¼·®·µ¿² ¼¿´¿³ ®¿²¹µ¿ ˲¼¿²¹ó«²¼¿²¹ л²¿²¿³¿² Ó±¼¿´ Ü¿´¿³ Ò»¹»®· Ò±ò ê ¬¿¸«² ïçêè ¶±ò ˲¼¿²¹ó«²¼¿²¹ Ò±ò ïî ¬¿¸«² ïçé𠼿² °»®«¾¿¸¿² §¿²¹ ¬»®¿µ¸·® ˲¼¿²¹ó«²¼¿²¹ Ò±ò îë ¬¿¸«² îððéô ¾»®¼¿¿®µ¿² ¿µ¬¿ Ò±ò íë ¬¿²¹¹¿´ ïè ß¹«¬« ïçêç ¼¿®· Ö«´·¿² Ò·³®±¼ Í·®»¹¿® Ù»´¿® Ó¿²¹¿®¿¼¶¿ Ò¿³±®¿ ÍòØô ²±¬¿®· ¼· Ö¿µ¿®¬¿ò ßµ¬¿ °»²¼·®·¿² ·²· ¼·¿¸µ¿² ±´»¸ Ó»²¬»®· Õ»¸¿µ·³¿² λ°«¾´·µ ײ¼±²»·¿ ¼¿´¿³ Í«®¿¬ Õ»°«¬«¿²²§¿ Ò±ò Çòßò ëñìîíñïè ¬¿²¹¹¿´ ïî Ü»»³¾»® ïçéí »®¬¿ ¼·«³«³µ¿² ¼¿´¿³ Ô»³¾¿®¿² Þ»®·¬¿ Ò»¹¿®¿ Ò±ò íé ¬¿²¹¹¿´ ïð Ó»· ïçééò
PT Berlina Tbk (the “Company”) was established within the framework of the Domestic Capital Investment Law No. 6 year 1968 as amended by Law No. 12 year 1970, and by Law No. 25 year 2007. Based on notarial deed No. 35, dated August 18, 1969 of Julian Nimrod Siregar Gelar Mangaradja Namora S.H, notary in Jakarta. The Articles of association was approved by the Minister of Justice of the Republic of Indonesia in the Decision Letter No. Y.A. 5/423/18 dated December 12, 1973 and was published in the State Gazette No. 37 dated May 10, 1977.
ß²¹¹¿®¿² Ü¿¿® л®«¿¸¿¿² ¬»´¿¸ ³»²¹¿´¿³· ¾»¾»®¿°¿ µ¿´· °»®«¾¿¸¿²ô ¬»®¿µ¸·® ¼»²¹¿² ¿µ¬¿ Ò±¬¿®· Ò±ò ïì ¬¿²¹¹¿´ ì Ö«´· îððè ¼¿®· ܧ¿¸ ß³¾¿®©¿¬§ Í»¬§±±ò ÍòØô ²±¬¿®·» ¼· Í«®¿¾¿§¿ô ³»²¹»²¿· °»®«¾¿¸¿² »´«®«¸ ß²¹¹¿®¿² Ü¿¿® л®»®±¿² «²¬«µ ¼·»«¿·µ¿² ¼»²¹¿² ËË Ò±ò ìð Ì¿¸«² îððé ¬»²¬¿²¹ л®»®±¿² Ì»®¾¿¬¿ò ßµ¬¿ °»®«¾¿¸¿² ·²· ¬»´¿¸ ³»³°»®±´»¸ °»®»¬«¶«¿² ¼¿®· Ó»²¬»®· Ø«µ«³ ¼¿² Ø¿µ ß¿· Ó¿²«·¿ λ°«¾´·µ ײ¼±²»·¿ ¼»²¹¿² «®¿¬ µ»°«¬«¿²²§¿ Ò±ò ßØËóçíéëìòßØòðïòðîò ¬¿¸«² îððè ¬¿²¹¹¿´ ë Ü»»³¾»® îððè »®¬¿ ¼·«³«³µ¿² ¼¿´¿³ ´»³¾¿®¿² Þ»®·¬¿ Ò»¹¿®¿ Ò±ò çî ¬¿²¹¹¿´ ïê Ò±°»³¾»® îðïðò
The Articles of Association have been amended several times, most recently by notarial deed No. 14 dated July 4, 2008 of Dyah Ambarwaty Setyoso S.H, notary in Surabaya, concerning the changes of the Articles of Association to conform with Law No. 40 Year 2007 “Limited Liability Company”. These changes were approved by the Minister of Law and Human Rights of the Republic of Indonesia in his Decision Letter No. AHU-93754.AH.01.02. Year 2008 dated December 5, 2008 and was published in State Gazette No. 92 dated November 16, 2010.
Õ¿²¬±® °«¿¬ л®«¿¸¿¿² ¾»®¿´¿³¿¬ ¼· Ö´ò Ö¿¾¿¾»µ¿ ο§¿ Þ´±µ Û Ò±ò ïîóïéô Õ¿©¿¿² ײ¼«¬®· Ö¿¾¿¾»µ¿ô Ý·µ¿®¿²¹ô Õ¿¾«°¿¬»² Þ»µ¿·ò л®«¿¸¿¿² ³»³°«²§¿· °¿¾®·µ §¿²¹ ¾»®´±µ¿· ¼· п²¼¿¿² øÖ¿©¿ Ì·³«®÷ô Ì¿²¹»®¿²¹ øÞ¿²¬»²÷ ¼¿² Ý·µ¿®¿²¹ øÖ¿©¿ Þ¿®¿¬÷ò
The Company’s head office is located Jl. Jababeka Raya Blok E No. 12-17, Jababeka Industrial Zone, Cikarang, Bekasi District. The Company’s plants are located in Pandaan (East Java), Tangerang (Banten) and Cikarang (West Java).
Í»«¿· ¼»²¹¿² °¿¿´ í ß²¹¹¿®¿² Ü¿¿® л®«¿¸¿¿²ò Ϋ¿²¹ ´·²¹µ«° µ»¹·¿¬¿² л®«¿¸¿¿² ³»´·°«¬· ·²¼«¬®· °´¿¬·µ ¼¿² ·²¼«¬®· ´¿·²²§¿ §¿²¹ ³»²¹¹«²¿µ¿² ¾¿¸¿² °±µ±µ °´¿¬·µ ¼¿² º·¾»® ¹´¿ò л®«¿¸¿¿² ³«´¿· ¾»®±°»®¿· »½¿®¿ µ±³»®·¿´ °¿¼¿ ¬¿¸«² ïçéðò Ø¿·´ °®±¼«µ· л®«¿¸¿¿² ¼·°¿¿®µ¿² ¼· ¼¿´¿³ ¼¿² ´«¿® ²»¹»®·ò
In accordance with Article 3 of the Company’s Articles of Association, the scope of its activities is mainly to engage in the plastic industry and other industries which use plastic and fiberglass as their main materials. The Company has started its commercial operations in 1970. The Company’s products are sold both to domestic and overseas.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
1. U M U M øÔ¿²¶«¬¿²÷
1. GENERAL (Continued)
a. Pendirian dan informasi umum øÔ¿²¶«¬¿²÷
a. Establishment and general information (Continued)
л®«¿¸¿¿² ¬»®¹¿¾«²¹ ¼¿´¿³ µ»´±³°±µ «¿¸¿ ø¹®«°÷ §¿²¹ ¼·³·´·µ· ±´»¸ ÐÌ Ü©· Í¿¬®§¿ ˬ¿³¿ §¿²¹ ³»®«°¿µ¿² ·²¼«µ л®«¿¸¿¿²ò b. Penawaran umum saham Perusahaan
The Company is one of the groups of companies owned by PT Dwi Satrya Utama which is the Company’s parent company. b. Public offering of shares of the Company
п¼¿ ¬¿²¹¹¿´ ïî Í»°¬»³¾»® ïçèçô л®«¿¸¿¿² ³»³°»®±´»¸ °»®»¬«¶«¿² ¼¿®· Ó»²¬»®· Õ»«¿²¹¿² ¼»²¹¿² «®¿¬²§¿ Ò±ò Í×óðìèñÍØÓñÓÕóïðñïçèçô «²¬«µ ³»´¿µ«µ¿² °»²¿©¿®¿² «³«³ ¿¬¿ ¿¸¿³ л®«¿¸¿¿² µ»°¿¼¿ ³¿§¿®¿µ¿¬ò п¼¿ ¬¿²¹¹¿´ ïë Ò±°»³¾»® ïçèç ¿¸¿³ó¿¸¿³ ¬»®»¾«¬ ¬»´¿¸ ¼·½¿¬¿¬µ¿² °¿¼¿ Þ«®¿ Ûº»µ ײ¼±²»·¿ò
On September 12, 1989, the Company obtained an authorization from the Minister of Finance, as stated in the Decision Letter No. SI048/SHM/MK-10/1989 for its initial public offering, the shares were listed in the Indonesian Stock Exchange on November 15, 1989.
п¼¿ ¬¿²¹¹¿´ îï Ö«²· ïççíô л®«¿¸¿¿² ³»³°»®±´»¸ °»®²§¿¬¿¿² »º»µ¬·º ¼¿®· Õ»¬«¿ Þ¿¼¿² л²¹¿©¿ п¿® Ó±¼¿´ øÞ¿°»°¿³÷ ¼»²¹¿² «®¿¬²§¿ Ò±ò ðïëìñÐÓñïççíô «²¬«µ ³»´¿µ«µ¿² л²¿©¿®¿² ˳«³ Ì»®¾¿¬¿ Ü»²¹¿² Ø¿µ Ó»³»¿² Ûº»µ Ì»®´»¾·¸ Ü¿¸«´« »¾»¿® ïéòîë𠿸¿³ò Í¿¸¿³ó ¿¸¿³ ¬»®»¾«¬ ¼·½¿¬¿¬µ¿² °¿¼¿ Þ«®¿ Ûº»µ ײ¼±²»·¿ °¿¼¿ ¬¿²¹¹¿´ îî Ö«´· ïççíò
On June 21, 1993, the Company obtained the notice of effectivity from the Chairman of Capital Market Supervisory Agency (Bapepam) as stated in the Letter No. 0154/PM/1993 for its limited offering of 17,250 shares through issuance of preemptive rights to stockholders. The shares were listed in the Indonesian Stock Exchange on July 22, 1993.
п¼¿ ¾«´¿² ß¹«¬« îððèô л®«¿¸¿¿² ³»²»¬¿°µ¿² °»´¿µ¿²¿¿² °»³»½¿¸¿² ²·´¿· ²±³·²¿´ ¿¸¿³ ¼¿®· ΰ ëðð °»® ¿¸¿³ ³»²¶¿¼· ΰ îëð °»® ¿¸¿³ ø²·´¿· °»²«¸÷ò Í»´«®«¸ ¿¸¿³ л®«¿¸¿¿² »¶«³´¿¸ ïíèòðððòðð𠿸¿³ ¬»´¿¸ ¬»®½¿¬¿¬ ¼· Þ«®¿ Ûº»µ ײ¼±²»·¿ò
In August 2008, the Company decided to split off the par value of share from Rp 500 per share to Rp 250 per share (full amount). All of the Company’s shares totaling 138,000,000 shares have been listed in the Indonesian Stock Exchange.
п¼¿ ¾«´¿² Ò±°»³¾»® îðïîô л®«¿¸¿¿² µ»³¾¿´· ³»´¿µ«µ¿² °»³»½¿¸¿² ²·´¿· ²±³·²¿´ ¿¸¿³ ¼¿®· ΰ îëð ø²·´¿· °»²«¸÷ ³»²¶¿¼· ΰ ëð ø²·´¿· °»²«¸÷ò
In November 2012, the Company conducted the stock split of the share from Rp 250 (full amount) to Rp 50 (full amount).
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
1. U M U M øÔ¿²¶«¬¿²÷
1. GENERAL (Continued)
c. Entitas anak
c. Subsidiaries
л®«¿¸¿¿² ³»³·´·µ· »½¿®¿ ´¿²¹«²¹ ´»¾·¸ ¼¿®· ëðû ¿¸¿³ Û²¬·¬¿ ß²¿µ ¾»®·µ«¬æ
Û²¬·¬¿ ß²¿µñ Subsidiaries
ܱ³··´·ñ Domicile
ÐÌ Ô¿³·°¿µ Ю·³«´¿ Í·¼±¿®¶±ò Ö¿©¿ ײ¼±²»·¿ øÔÐ×÷ Ì·³«®ñ East Java. Indonesia ÐÌ Ï«¿²¬»¨ øÏÌÈ÷ Ì¿²¹»®¿²¹ô Þ¿²¬»²ñ Tangerang, Banten
Ö»²· Ë¿¸¿ñ Nature of Business
The Company has direct ownership interest of more than 50% in the following subsidiaries: Ì¿¸«² ±°»®¿· Ю±»²¬¿» µ±³»®·¿´ñ °»³·´·µ¿²ñ Start of commercial Percentage of ownership operations îðïí îðïî
ײ¼«¬®· ´¿³·²¿· °´¿¬·µ ¼¿² µ»³¿¿² ñ Manufacturer of plastic laminated tubes and packages
ïçèê
éðû
éðû
ײ¼«¬®· µ»³¿¿² °´¿¬·µô °»®¼¿¹¿²¹¿² ¼¿² ¶¿¿ ñ Manufacturer of plastic packaging, trading and services
îððì
ççû
Š
ççôççû
ײ¼«¬®· л²¹±´¿¸¿¿² д¿¬·µô ÐÌ Ò¿¬«®¿ д¿¬·²¼± п«®«¿²ô Ö¿©¿ л®¼¿¹¿²¹¿² ¼¿² ¶¿¿ ñ øÒÐ÷ Ì·³«®ñ Pasuruan, East Java Manufacturer of plastic processing, trading and services
Ö«³´¿¸ ¿»¬ »¾»´«³ »´·³·²¿·ñ Total assets before elimination îðïí îðïî ΰ ΰ îìéòêêèòîéé
ïêíòçëðòçèî
Š
îíòëîêòèìð
ïèòìïìòìèè
Š
êòçíçòîèï
Š
Ø»º»· п®¿¹±² д¿¬·½ п½µ¿¹·²¹ ݱò Ô¬¼ò øØÐÐÐ÷
Ø»º»·ô ݸ·²¿
ײ¼«¬®· ¾±¬±´ ú ½¿° °´¿¬·µ ¼¿² ·µ¿¬ ¹·¹· ñ Manufacturer of bottle plastic & cap plastic and toothbrushes
îððì
ïððû
ïððû
íïîòêêêòíðð
îíîòéîðòèëð
Þ»®´·²¿ Í·²¹¿°±®» Ь»ò Ô¬¼ øÞÍ÷
Í·²¹¿°«®¿ñ Singapore
ײ¼«¬®· °´¿¬·µ ¼¿² °»®¼¿¹¿²¹¿² «³«³ ñ Plastic industry and general trading
Š
ïððû
ïððû
éëòçïî
êíòíêç
п¼¿ ¬¿²¹¹¿´ ïç Ö«²· îðïí л®«¿¸¿¿² ³»²¹¿µ«··· ççû ¿¸¿³ ÐÌ Ï«¿²¬»¨ øÏÌÈ÷ §¿²¹ ¼·³·´·µ· ±´»¸ °·¸¿µ µ»¬·¹¿ò ÐÌ Ï«¿²¬»¨ ¾»®¹»®¿µ ¼·¾·¼¿²¹ ·²¼«¬®· µ»³¿¿² °´¿¬·µô °»®¼¿¹¿²¹¿² ¼¿² ¶¿¿ò
On June 19, 2013, Company acquired 99% ownership of PT Quantex (QTX) from third parties. PT Quantex is engaged in plastic packaging, trading and service industry.
п¼¿ ¬¿²¹¹¿´ îï Ö¿²«¿®· îðïíô л®«¿¸¿¿² ³»²¼·®·µ¿² ÐÌ Ò¿¬«®¿ д¿¬·²¼± øÒÐ÷ ¼»²¹¿² °»®»²¬¿» µ»°»³·´·µ·² ççôççûò ÐÌ Ò¿¬«®¿ д¿¬·²¼± ·²· ¾»®¹»®¿µ ¼¿´¿³ ¾·¼¿²¹ ·²¼«¬®· °»²¹±´¿¸¿¿² °´¿¬·µô °»®¼¿¹¿²¹¿² ¼¿² ¶¿¿ò
On January 21, 2013, the Company established PT Natura Plastindo (NP) with 99.99%. ownership. PT Natura Plastindo is engaged in plastic processing industry, trading and services.
ïð
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
1. U M U M øÔ¿²¶«¬¿²÷
1. GENERAL (Continued)
d. Karyawan, direksi, komisaris dan komite audit
d. Employees, directors, commissioners and audit committee
Í««²¿² ¼»©¿² µ±³·¿®· ¼¿² ¼·®»µ· ø³¿²¿¶»³»² µ«²½·÷ л®«¿¸¿¿² °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
Ю»·¼»² Õ±³·¿®· Õ±³·¿®· Õ±³·¿®· ײ¼»°»²¼»² Ю»·¼»² Ü·®»µ¬«® Ü·®»µ¬«®
îðïí Ô·¶¿²¬± ̶·°¬±¾·¿²¬±®± Ñ»· Ø¿² ̶¸·³ ß²¬±²·« Ø¿²·º¿¸ Õ±³¿´¿ Ô·³ Û²¹ Õ¸·³ Ô«µ³¿² Í·¼¸¿®¬¿ Ö±²²§ É·¶¿§¿ Ô¿« ݸ»µ Õ·±²¹
Í««²¿² Õ±³·¬» ß«¼·¬ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô »¾¿¹¿· ¾»®·µ«¬ æ
Õ»¬«¿ ß²¹¹±¬¿
îðïí ß²¬±²·« Ø¿²·º¿¸ Õ±³¿´¿ Ñ»· É¿¸§« ͱ»¬¶¿¸§¿ Õ««³¿ Ø¿¼§
̱¬¿´ ®¿¬¿ó®¿¬¿ µ¿®§¿©¿² ¬»¬¿° ¼¿®· Õ»´±³°±µ Ë¿¸¿ ¿¼¿´¿¸ èèë µ¿®§¿©¿² ¬»¬¿° °¿¼¿ ¬¿¸«² îðïí ¼¿² èçî µ¿®§¿©¿² ¬»¬¿° °¿¼¿ ¬¿¸«² îðïî ø¬·¼¿µ ¼·¿«¼·¬÷ò e. Penyelesaian laporan keuangan konsolidasian
The composition of the boards of commissioners and directors (key management) of the Company as at December 31, 2013 and 2012 consist of the following: îðïî Ô·¶¿²¬± ̶·°¬±¾·¿²¬±®± President Commissioner Ñ»· Ø¿² ̶¸·³ Commissioner ̶·°¬± Í«®¶¿²¬± Independent Commissioner ß²¬±²·« Ø¿²·º¿¸ Õ±³¿´¿ Ô·³ Û²¹ Õ¸·³ President Director Ô«µ³¿² Í·¼¸¿®¬¿ Director Ö±²²§ É·¶¿§¿ The composition of the Audit Committee as of December 31, 2013 and 2012 consists of the following: îðïî ̶·°¬± Í«®¶¿²¬± Ñ»· É¿¸§« ͱ»¬¶¿¸§¿ Õ««³¿ Ø¿¼§
Chairman Member
The total of average number of the Group’s permanent employees was 885 permanent employees in 2013 and 788 permanent employees in 2012 (unaudited). e. Completion of the consolidated financial statements
Ô¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ·²· ¬»´¿¸ ¼·»´»¿·µ¿² ¼¿² ¼·»¬«¶«· «²¬«µ ¼· ¬»®¾·¬µ¿² ±´»¸ Ü·®»µ· л®«¿¸¿¿² °¿¼¿ ¬¿²¹¹¿´ îé Ó¿®»¬ îðïìò
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The accompanying consolidated financial statements were completed and authorized for issue by the Company’s Directors on March 27, 2014.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Õ»¾·¶¿µ¿² ¿µ«²¬¿²· «¬¿³¿ л®«¿¸¿¿² ¼¿² »²¬·¬¿ ¿²¿µ ø»½¿®¿ ¾»®¿³¿ ¼·»¾«¬ ŒÕ»´±³°±µ Ë¿¸¿Œ÷ §¿²¹ ¼·¬»®¿°µ¿² ¼¿´¿³ °»²§««²¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ¿¼¿´¿¸ »°»®¬· ¼·¶¿¾¿®µ¿² ¼· ¾¿©¿¸ ·²·æ
The significant accounting policies of the Company and its subsidiaries (collectively called as the “Group”) adopted in preparation of the consolidated financial statement are set out below:
a. Dasar penyusunan laporan keuangan konsolidasian
a. Basis of preparation of the consolidated financial statements
Ô¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ·²· ¬»´¿¸ ¼·««² ¼¿² ¼·¿¶·µ¿² »«¿· ¼»²¹¿² ͬ¿²¼¿® ßµ«²¬¿²· Õ»«¿²¹¿² ¼· ײ¼±²»·¿ øÍßÕŒ÷ô §¿²¹ ³»²½¿µ«° л®²§¿¬¿¿² ͬ¿²¼¿® ßµ«²¬¿²· Õ»«¿²¹¿² øÐÍßÕŒ÷ »®¬¿ ·²¬»®°®»¬¿·²§¿ ø×ÍßÕŒ÷ô §¿²¹ ¼·µ»´«¿®µ¿² ±´»¸ Ü»©¿² ͬ¿²¼¿® ßµ«²¬¿²· Õ»«¿²¹¿²ó×µ¿¬¿² ßµ«²¬¿² ײ¼±²»·¿ øÜÍßÕó×ß׌÷ »®¬¿ °»®¿¬«®¿²ó °»®¿¬«®¿² ¼¿² л¼±³¿² л²§¿¶·¿² Ô¿°±®¿² Õ»«¿²¹¿² §¿²¹ ¼·¬»¬¿°µ¿² ±´»¸ Þ¿¼¿² л²¹¿©¿ п¿® Ó±¼¿´ ó Ô»³¾¿¹¿ Õ»«¿²¹¿² øÞ¿°»°¿³ ó ÔÕŒ÷ò
The consolidated financial statements have been prepared and presented in accordance with Indonesian Financial Accounting Standards (“SAK”), which comprise the Statements of Financial Accounting Standards (“PSAK”) and its Interpretations (“ISAK”) issued by the Board of Financial Accounting Standards of the Indonesian Institute of Accountants (“DSAK”) and the regulations and Guidelines for Financial Statements Presentation established by the Supervisory Board of Capital Market – Financial Institutions (“Bapepam - LK”).
Ô¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ¼·««² ¾»®¼¿¿®µ¿² µ±²»° ¿µ®«¿´ µ»½«¿´· ´¿°±®¿² ¿®« µ¿ ¼¿² ¼¿¿® °»²¹«µ«®¿² ³»²¹¹«²¿µ¿² µ±²»° ¾·¿§¿ ¸·¬±®·ô µ»½«¿´· ¼·¶»´¿µ¿² ¼¿´¿³ Ý¿¬¿¬¿² ¿¬¿ ´¿°±®¿² µ»«¿²¹¿² §¿²¹ ®»´»ª¿²ò
The consolidated financial statements have been prepared on the accrual basis, except for the consolidated statements of cash flows and are measured based on the historical cost concept of accounting, except as described in relevant Notes herein.
Ô¿°±®¿² ¿®« µ¿ µ±²±´·¼¿·¿² ¼·««² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ´¿²¹«²¹ô ³»²§¿¶·µ¿² °»²»®·³¿¿² ¼¿² °»²¹»´«¿®¿² µ¿ §¿²¹ ¼·µ´¿·º·µ¿·µ¿² ¼¿´¿³ ¿µ¬·ª·¬¿ ±°»®¿·ô ·²ª»¬¿· ¼¿² °»²¼¿²¿¿²ò
The consolidated statements of cash flows, which have been prepared using the direct method, present cash receipts and payments classified into operating, investing and financing activities.
Ó¿¬¿ «¿²¹ °»´¿°±®¿² §¿²¹ ¼·¹«²¿µ¿² °¿¼¿ ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ¿¼¿´¿¸ Ϋ°·¿¸ô §¿²¹ ³»®«°¿µ¿² ³¿¬¿ «¿²¹ º«²¹·±²¿´ Õ»´±³°±µ Ë¿¸¿ò
The reporting currency used in the financial statements is in Indonesian Rupiah, which is the Group’s functional currency.
´¿°±®¿² µ»«¿²¹¿² Í»´«®«¸ ¿²¹µ¿ ¼¿´¿³ µ±²±´·¼¿·¿² ·²·ô ¼·¾«´¿¬µ¿² ³»²¶¿¼· ¼¿² ¼·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²ò
Figures in the consolidated financial statements are rounded to and expressed in thousand rupiah unless otherwise stated.
ïî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷ a. Dasar penyusunan konsolidasian øÔ¿²¶«¬¿²÷
laporan
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) keuangan
a. Basis of preparation of the consolidated financial statements (Continued)
Pernyataan Standar Akuntansi Keuangan (”PSAK”) yang berlaku efektif pada tahun 2013
Statements of Financial Accounting Standards (“PSAK”) which become effective in 2013
ͬ¿²¼¿® ¿µ«²¬¿²· ®»ª·· §¿²¹ ®»´»ª¿² ¬»®¸¿¼¿° Ë¿¸¿ô ¬»´¿¸ µ»¹·¿¬¿² ±°»®¿· Õ»´±³°±µ ¼·°«¾´·µ¿·µ¿² ¼¿² »º»µ¬·º °¿¼¿ ¬¿¸«² îðïí ¿¼¿´¿¸ ÐÍßÕ íè Õ±³¾·²¿· Þ·²· Û²¬·¬¿ Í»°»²¹»²¼¿´·ò
The following revised accounting standard which is relevant to the Group’s operations, published and effective in 2013 is PSAK 38 - Business Combination Under Common Control.
ÐÍßÕ íè ³»³¾»®·µ¿² °¿²¼«¿² «²¬«µ µ±³¾·²¿· ¾·²· »²¬·¬¿ »°»²¹»²¼¿´· ¾¿·µ «²¬«µ »²¬·¬¿ §¿²¹ ³»²»®·³¿ ¾·²· ³¿«°«² »²¬·¬¿ §¿²¹ ³»´»°¿ ¾·²·ò Õ±³¾·²¿· ¾·²· »²¬·¬¿ »°»²¹»²¼¿´· ¼·½¿¬¿¬ ³»²¹¹«²¿µ¿² ³»¬±¼» °»²§¿¬«¿² µ»°»³·´·µ¿²ò Í»´··¸ ¿²¬¿®¿ ¶«³´¿¸ §¿²¹ ¼·¿´·¸µ¿² ¼¿² §¿²¹ ¼·½¿¬¿¬ ¿µ¿² ¼·¿¶·µ¿² ¼¿´¿³ °± ¬¿³¾¿¸¿² ³±¼¿´ ¼·»¬±® ¼· »µ«·¬¿ò
PSAK 38 provides guidance for business combinations of entities under common control for both the entity that receives the business and the entity that releases the business. Business combinations under common control are recorded using pooling of interests method. The difference between the amount transferred and amount recorded will be presented as additional paid-in capital in the equity.
л²»®¿°¿² ÐÍßÕ íè ¬»®»¾«¬ ¬·¼¿µ ³»²·³¾«´µ¿² °»²¹¿®«¸ ·¹²·º·µ¿² ¬»®¸¿¼¿° ´¿°±®¿² µ»«¿²¹¿² Õ»´±³°±µ Ë¿¸¿ò
The adoption of PSAK 38 did not result in significant impact to the Group’s consolidated financial statements.
b. Prinsip-prinsip konsolidasian
b. Principles of consolidation
Ô¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ³»´·°«¬· ´¿°±®¿² µ»«¿²¹¿² л®«¿¸¿¿² ¼¿² »²¬·¬¿ ¿²¿µ²§¿ »°»®¬· §¿²¹ ¼·»¾«¬µ¿² °¿¼¿ Ý¿¬¿¬¿² ï½ §¿²¹ ¼·³·´·µ· ±´»¸ л®«¿¸¿¿² ø»½¿®¿ ´¿²¹«²¹ ¿¬¿« ¬·¼¿µ ´¿²¹«²¹÷ ¼»²¹¿² µ»°»³·´·µ¿² ¿¸¿³ ´»¾·¸ ëðû ¼¿² ¼·µ»²¼¿´·µ¿² ±´»¸ л®«¿¸¿¿²ò
The consolidated financial statements include the financial statements of the Company and its subsidiaries mentioned in Note 1c, in which the Company maintains (directly or indirectly) equity ownership of more than 50% and is controlled by the Company.
Í»´«®«¸ ¬®¿²¿µ· ¼¿² ¿´¼± ¿µ«² ¿²¬¿® °»®«¿¸¿¿² §¿²¹ ·¹²·º·µ¿² ø¬»®³¿«µ ´¿¾¿ ¿¬¿« ®«¹· §¿²¹ ¾»´«³ ¼·®»¿´·¿·÷ ¬»´¿¸ ¼·»´·³·²¿·ò
All significant intercompany transactions and account balances (including the related significant unrealized gains or losses) have been eliminated.
Û²¬·¬¿ó»²¬·¬¿ ß²¿µ ¼·µ±²±´·¼¿· »½¿®¿ °»²«¸ »¶¿µ ¬¿²¹¹¿´ ¿µ«···ô §¿·¬« ¬¿²¹¹¿´ Õ»´±³°±µ Ë¿¸¿ ³»³°»®±´»¸ °»²¹»²¼¿´·¿²ô ¿³°¿· ¼»²¹¿² ¬¿²¹¹¿´ »²¬·¬¿ ·²¼«µ µ»¸·´¿²¹¿² °»²¹»²¼¿´·¿²ò
Subsidiaries are fully consolidated from the date of acquisition, being the date on which the Group obtained control, and continue to be consolidated until the date such control ceases.
Õ»®«¹·¿² »²¬·¬¿ ¿²¿µ §¿²¹ ¬·¼¿µ ¼·³·´·µ· »½¿®¿ °»²«¸ ¼·¿¬®·¾«·µ¿² °¿¼¿ Õ»°»²¬·²¹¿² Ò±² л²¹»²¼¿´· ÕÒÐŒ ¾¿¸µ¿² ¶·µ¿ ¸¿´ ·²· ³»²¹¿µ·¾¿¬µ¿² ÕÒÐ ³»³°«²§¿· ¿´¼± ¼»º··¬ò
Losses of a non-wholly owned subsidiary are attributed to the Non-Controlling Interest “NCI” even if that results in a deficit balance.
ïí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
b. Prinsip-prinsip konsolidasian øÔ¿²¶«¬¿²÷
b. Principles of consolidation (Continued)
л®«¾¿¸¿² ¼¿´¿³ ¾¿¹·¿² µ»°»³·´·µ¿² »²¬·¬¿ ·²¼«µ °¿¼¿ »²¬·¬¿ ¿²¿µ §¿²¹ ¬·¼¿µ ³»²¹¿µ·¾¿¬µ¿² ¸·´¿²¹²§¿ °»²¹»²¼¿´·¿² ¼·½¿¬¿¬ »¾¿¹¿· ¬®¿²¿µ· »µ«·¬¿ò Ö·µ¿ µ»¸·´¿²¹¿² °»²¹»²¼¿´·¿² ¿¬¿ «¿¬« »²¬·¬¿ ¿²¿µô ³¿µ¿ Õ»´±³°±µ Ë¿¸¿æ ³»²¹¸»²¬·µ¿² °»²¹¿µ«¿² ¿»¬ ø¬»®³¿«µ »¬·¿° goodwill÷ ¼¿² ´·¿¾·´·¬¿ »²¬·¬¿ ¿²¿µå ³»²¹¸»²¬·µ¿² °»²¹¿µ«¿² ¶«³´¿¸ ¬»®½¿¬¿¬ »¬·¿° ÕÒÐå ³»²¹¸»²¬·µ¿² °»²¹¿µ«¿² ¿µ«³«´¿· »´··¸ °»²¶¿¾¿®¿²ô §¿²¹ ¼·½¿¬¿¬ ¼· »µ«·¬¿ô ¾·´¿ ¿¼¿å ³»²¹¿µ«· ²·´¿· ©¿¶¿® °»³¾¿§¿®¿² §¿²¹ ¼·¬»®·³¿å
Changes in a parent’s ownership interest in a subsidiary that do not result in the loss of control are accounted for as equity transactions. In case of loss of control over a subsidiary, the Group: derecognizes the assets (including goodwill) and liabilities of the subsidiary; derecognizes the carrying amount of any NCI; derecognizes the cumulative translation differences, recorded in equity, if any; recognizes the fair value of the consideration received;
³»²¹¿µ«· »¬·¿° ·¿ ·²ª»¬¿· °¿¼¿ ²·´¿· ©¿¶¿®²§¿å ³»²¹¿µ«· »¬·¿° °»®¾»¼¿¿² §¿²¹ ¼·¸¿·´µ¿² »¾¿¹¿· µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹·å ¼¿² ³»®»µ´¿·º·µ¿· ¾¿¹·¿² ·²¼«µ ¿¬¿ µ±³°±²»² §¿²¹ »¾»´«³²§¿ ¼·¿µ«· »¾¿¹¿· °»²¼¿°¿¬¿² µ±³°®»¸»²·º µ» ´¿°±®¿² ´¿¾¿ ®«¹·ô ¿¬¿« ³»²¹¿´·¸µ¿² »½¿®¿ ´¿²¹«²¹ µ» ¿´¼± ´¿¾¿ô »¾¿¹¿·³¿²¿ ³»¬·²§¿ò
recognizes the fair value of any investment retained; recognizes any surplus or deficit in profit or loss; and
ÕÒÐ ³»²½»®³·²µ¿² ¾¿¹·¿² ¿¬¿ ´¿¾¿ ¿¬¿« ®«¹· ¼¿² ¿»¬ ²»¬± ¼¿®· Û²¬·¬¿ó»²¬·¬¿ ß²¿µ §¿²¹ ¬·¼¿µ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² »½¿®¿ ´¿²¹«²¹ ³¿«°«² ¬·¼¿µ ´¿²¹«²¹ °¿¼¿ »²¬·¬¿ ·²¼«µ §¿²¹ ³¿·²¹ó³¿·²¹ ¼·¿¶·µ¿² ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¼¿² ¼¿´¿³ »µ«·¬¿ °¿¼¿ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿²ô ¬»®°·¿¸ ¼¿®· ¾¿¹·¿² §¿²¹ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µò
NCI represents the portion of the profit or loss and net assets of the Subsidiaries not attributable directly or indirectly to the parent company, which are presented respectively in the consolidated statements of comprehensive income and under the equity section of the consolidated statements of financial position, respectively, separately from the corresponding portion attributable to the equity holders of the parent company.
ïì
reclassifies the parent’s share of components previously recognized in other comprehensive income to profit or loss or retained earnings, as appropriate.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
c. Kombinasi bisnis
c. Business combination
Õ±³¾·²¿· ¾·²·ô ¶·µ¿ ¿¼¿ô ¼·½¿¬¿¬ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¿µ«···ò Þ·¿§¿ °»®±´»¸¿² ¼¿®· »¾«¿¸ ¿µ«··· ¼·«µ«® °¿¼¿ ²·´¿· ¿¹®»¹¿¬ ·³¾¿´¿² §¿²¹ ¼· ¿´·¸µ¿²ô ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® °¿¼¿ ¬¿²¹¹¿´ ¿µ«··· ¼¿² ¶«³´¿¸ »¬·¿° ÕÒÐ °¿¼¿ °·¸¿µ §¿²¹ ¼· ¿µ«···ò ˲¬«µ »¬·¿° µ±³¾·²¿· ¾·²·ô Õ»´±³°±µ Ë¿¸¿ ³»³·´·¸ ¿°¿µ¿¸ ³»²¹«µ«® ÕÒÐ °¿¼¿ »²¬·¬¿ §¿²¹ ¼·¿µ«··· ¾¿·µ °¿¼¿ ²·´¿· ©¿¶¿® ¿¬¿«°«² °¿¼¿ °®±°±®· µ»°»³·´·µ¿² ÕÒÐ ¿¬¿ ¿»¬ ²»¬± §¿²¹ ¬»®·¼»²¬·º·µ¿· ¼¿®· »²¬·¬¿ §¿²¹ ¼·¿µ«···ò Þ·¿§¿ Š ¾·¿§¿ ¿µ«··· §¿²¹ ¬·³¾«´ ¼· ¾»¾¿²µ¿² ´¿²¹«²¹ ¼¿² ¼·»®¬¿µ¿² ¼¿´¿³ ¾»¾¿² ¿¼³·²·¬®¿·ò
Business combinations, if any, are accounted for using the acquisition method. The cost of an acquisition is measured as the aggregate of the consideration transferred, measured at fair value of acquisition rate and the amount of any NCI in the acquiree for each business combination, the Group elects whether it measures the NCI in the acquiree either at fair value or at proportionate share of the acquree’s identifiable net assets. Acquisition costs incurred are directly expensed and included in administrative expenses.
Õ»¬·µ¿ ³»´¿µ«µ¿² ¿µ«··· ¿¬¿ »¾«¿¸ ¾·²·ô ³»²¹µ´¿·º·µ¿·µ¿² ¼¿² Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·°»®±´»¸ ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·¿³¾·´ ¿´·¸ ¾»®¼¿¿®µ¿² °¿¼¿ °»®§¿®¿¬¿² µ±²¬®¿µ¬«¿´ô µ±²¼·· »µ±²±³·ô ¼¿² µ±²¼·· ¬»®µ¿·¬ ´¿·² §¿²¹ ¿¼¿ °¿¼¿ ¬¿²¹¹¿´ ¿µ«···ò
When the Group acquires a business, it assesses the financial assets acquired and liabilities assumed for appropriate classification and designation in accordance with the contractual terms, economic circumstances and pertinent conditions as at the the acquisition date.
Ü¿´¿³ «¿¬« µ±³¾·²¿· ¾·²· §¿²¹ ¼·´¿µ«µ¿² »½¿®¿ ¾»®¬¿¸¿°ô ¶·µ¿ ¿¼¿ô Õ»´±³°±µ Ë¿¸¿ ³»²¹«µ«® µ»³¾¿´· ¾¿¹·¿² »µ«·¬¿ §¿²¹ ¼·³·´·µ· »¾»´«³²§¿ ¼¿´¿³ °·¸¿µ §¿²¹ ¼·¿µ«··· °¿¼¿ ²·´¿· ©¿¶¿® °¿¼¿ ¬¿²¹¹¿´ ¿µ«·· ¼¿² ³»²¹¿µ«· µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² §¿²¹ ¼·¸¿·´µ¿² ¼¿´¿³ ´¿¾¿ ®«¹·ò
If the business combination is achieved in stages, if any, the equity interest in the acquiree previously held by the Group is remeasured to fair value at the acquisition date and gain or loss is recognized in profit or loss.
п¼¿ ¬¿²¹¹¿´ ¿µ«···ô ¹±±¼©·´´ ¿©¿´²§¿ ¼·«µ«® ¾»®¼¿¿®µ¿² ¸¿®¹¿ °»®±´»¸¿² §¿²¹ ³»®«°¿µ¿² »´··¸ ´»¾·¸ ²·´¿· ¿¹®»¹¿¬ ·³¾¿´¿² §¿²¹ ¼·¿´·¸µ¿² ¼¿² ¶«³´¿¸ »¬·¿° ÕÒÐ ¿¬¿ ¶«³´¿¸ ¿»¬ ¬»®·¼»²¬·º·µ¿· §¿²¹ ¼·°»®±´»¸ ¼¿² ´·¿¾·´·¬¿ §¿²¹ ¼·¿³¾·´ ¿´·¸ò Ö·µ¿ ·³¾¿´¿² ¬»®»¾«¬ µ«®¿²¹ ¼¿®· ²·´¿· ©¿¶¿® ¿»¬ ²»¬± »²¬·¬¿ ¿²¿µ §¿²¹ ¼·¿µ«···ô »´··¸ ¬»®»¾«¬ ¼·¿µ«· ¼· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹·ò
At acquisition date, goodwill is initially measured at cost being the excess of the aggregate of the consideration transferred and the amount recognized for NCI over the net identifiable assets acquired and liabilities assumed. If this consideration is lower than the fair value of the net assets of the subsidiary acquired, the difference is recognized in profit or loss.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
c. Kombinasi bisnis øÔ¿²¶«¬¿²÷
c. Business combination (Continued)
Í»¬»´¿¸ °»²¹¿µ«¿² ¿©¿´ô ¹±±¼©·´´ ¼·«µ«® °¿¼¿ ¶«³´¿¸ ¬»®½¿¬¿¬ ¼·µ«®¿²¹· ¿µ«³«´¿· µ»®«¹·¿² °»²«®«²¿² ²·´¿·ò ˲¬«µ ¬«¶«¿² «¶· °»²«®«²¿² ²·´¿·ô ¹±±¼©·´´ §¿²¹ ¼·°»®±´»¸ ¼¿®· «¿¬« µ±³¾·²¿· ¾·²·ô »¶¿µ ¬¿²¹¹¿´ ¿µ«··· ¼·¿´±µ¿·µ¿² µ»°¿¼¿ »¬·¿° ˲·¬ л²¹¸¿·´ Õ¿ øËÐÕŒ÷ ¼¿®· Õ»´±³°±µ Ë¿¸¿ §¿²¹ ¼·¸¿®¿°µ¿² ¿µ¿² ¾»®³¿²º¿¿¬ ¼¿®· ·²»®¹· µ±³¾·²¿· ¬»®»¾«¬ô ¬»®´»°¿ ¼¿®· ¿°¿µ¿¸ ¿»¬ ¿¬¿« ´·¿¾·´·¬¿ ´¿·² ¼¿®· °·¸¿µ §¿²¹ ¼·¿µ«··· ¼·¿´±µ¿·µ¿² µ»°¿¼¿ ËÐÕ ¬»®»¾«¬ò
After initial recognition, goodwill is measured at cost less any accumulated impairment losses. For the purpose of impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the Group’s cash-generating units (“CGU”) that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquiree are assigned to those CGUs.
Ö·µ¿ ¹±±¼©·´´ ¬»´¿¸ ¼·¿´±µ¿·µ¿² °¿¼¿ «¿¬« ËÐÕ ¼¿² ±°»®¿· ¬»®¬»²¬« ¿¬¿ ËÐÕ ¬»®»¾«¬ ¼·´»°¿ô ³¿µ¿ ¹±±¼©·´´ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² ±°»®¿· §¿²¹ ¼·´»°¿ ¬»®»¾«¬ ¼·³¿«µµ¿² µ» ¼¿´¿³ ¶«³´¿¸ ¬»®½¿¬¿¬ ±°»®¿· ¬»®»¾«¬ µ»¬·µ¿ ³»²»²¬«µ¿² µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² ¼¿®· °»´»°¿¿²ò Ù±±¼©·´´ §¿²¹ ¼·´»°¿ ¬»®»¾«¬ ¼·«µ«® ¾»®¼¿¿®µ¿² ²·´¿· ®»´¿¬·º ±°»®¿· §¿²¹ ¼·¸»²¬·µ¿² ¼¿² °±®· ËÐÕ §¿²¹ ¼·¬¿¸¿²ò
Where goodwill forms part of a CGU and part of the operation within that CGU is disposed of, the goodwill associated with the operation disposed of is included in the carrying amount of the operation when determining the gain or loss on disposal of the operation. Goodwill disposed of in this circumstance is measured based on the relative values of the operation disposed of and the portion of the CGU retained. d. Foreign currency transactions and translation of consolidated financial statements
d. Transaksi dan penjabaran laporan keuangan konsolidasian dalam mata uang asing л³¾«µ«¿² л®«¿¸¿¿²ô ÔÐ×ô ÏÌÈ ¼¿² ÒÐ ¼·»´»²¹¹¿®¿µ¿² ¼¿´¿³ ³¿¬¿ «¿²¹ Ϋ°·¿¸ô ¼·³¿²¿ ³»®«°¿µ¿² ³¿¬¿ «¿²¹ º«²¹·±²¿´ ³»®»µ¿ò Ì®¿²¿µ·ó ¬®¿²¿µ· »´¿³¿ ¬¿¸«² ¾»®¶¿´¿² ¼¿´¿³ ³¿¬¿ «¿²¹ ¿·²¹ ¼·½¿¬¿¬ ¼»²¹¿² µ«® §¿²¹ ¾»®´¿µ« °¿¼¿ ¿¿¬ ¬»®¶¿¼·²§¿ ¬®¿²¿µ·ò п¼¿ ¬¿²¹¹¿´ °»´¿°±®¿²ô ¿»¬ ¼¿² ´·¿¾·´·¬¿ ³±²»¬»® ¼¿´¿³ ³¿¬¿ «¿²¹ ¿·²¹ ¼·»«¿·µ¿² «²¬«µ ³»²½»®³·²µ¿² µ«® §¿²¹ ¾»®´¿µ« °¿¼¿ ¬¿²¹¹¿´ ¬»®»¾«¬ »¾¿¹¿· ¾»®·µ«¬ æ
îðïî ΰ
îðïí ΰ ܱ´¿® ß³»®·µ¿ Í»®·µ¿¬ ܱ´¿® Í·²¹¿°«®¿ Û«®± Ç«¿² λ²³·²¾· ݸ·²¿ Ú®¿²½ Í©· Ç»² Ö»°¿²¹ øÖÐÇ ïðð÷ ܱ´¿® ß«¬®¿´·¿
The Company, LPI, QTX and NP’s books account are maintained in Indonesian Rupiah which is the functional currency of these companies. Transactions during the year involving foreign currencies are recorded at the rates of exchange prevailing at the time the transactions are made. At the reporting date, monetary assets and liabilities denominated in foreign currencies are adjusted to reflect the rates of exchange prevailing at that date as follows :
ïîòïèç çòêîè ïêòèîï ïòççç ïíòéíî ïïòêïé ïðòèéê
ø²·´¿· °»²«¸÷
ïê
çòêéð éòçðé ïîòèïð ïòëíé ïðòëçé ïïòîðð ïðòðîë
US dollar Singapore dollar Euro China Yuan Renminbi Swiss Francs Japan Yen (JPY 100) Australian dollar (full amount)
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
d. Transaksi dan penjabaran laporan keuangan konsolidasian dalam mata uang asing øÔ¿²¶«¬¿²÷
d. Foreign currency transactions and translation of consolidated financial statements (Continued)
Õ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² µ«® §¿²¹ ¬·³¾«´ ¼·µ®»¼·¬µ¿² ¿¬¿« ¼·¾»¾¿²µ¿² °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¬¿¸«² §¿²¹ ¾»®¿²¹µ«¬¿²ò
The resulting gains or losses are credited or charged to the consolidated statements of comprehensive income in the current year.
л³¾«µ«¿² ØÐÐÐ ¼¿² ÞÍ ¼·»´»²¹¹¿®¿µ¿² ³¿·²¹ó ³¿·²¹ ¼¿´¿³ ³¿¬¿ «¿²¹ Ç«¿² λ²³·²¾· ݸ·²¿ øγ¾÷ ¼¿² ܱ´¿® Í·²¹¿°«®¿ øÍÙÜ÷ò ˲¬«µ ¬«¶«¿² °»²§¿¶·¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿²ô ¿»¬ ¼¿² ´·¿¾·´·¬¿ ÞÍ ¼¿² ØÐÐÐ ¾¿·µ ³±²»¬»® ³¿«°«² ²±²ó³±²»¬»® °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿² ¼·¶¿¾¿®µ¿² µ» ³¿¬¿ «¿²¹ Ϋ°·¿¸ ¼»²¹¿² ³»²¹¹«²¿µ¿² µ«® §¿²¹ ¾»®´¿µ« °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿²ò л²¼¿°¿¬¿² ¼¿² ¾»¾¿² ¼·¶¿¾¿®µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² µ«® ®¿¬¿ó®¿¬¿ò Í»´··¸ µ«® §¿²¹ ¬»®¶¿¼· ¼·¿¶·µ¿² »¾¿¹¿· ¾¿¹·¿² ¼¿®· »µ«·¬¿ °¿¼¿ ¿µ«² »´··¸ µ«® ¿¬¿ °»²¶¿¾¿®¿² ´¿°±®¿² µ»«¿²¹¿²ò
The books of accounts of HPPP and BS are maintained in China Yuan Renminbi (Rmb) and Singapore Dollar (SGD) respectively which are the functional currencies of those companies. For consolidation purposes, assets and liabilities both monetary and non-monetary of BS and HPPP at the reporting date are translated into Rupiah using the exchange rate at the reporting date. Revenues and expenses are translated at the average rate of exchange for the year. The resulting exchange difference is presented as an exchange difference due to the translation of the financial statements in the equity section.
e. Transaksi dengan pihak-pihak berelasi
e. Transactions with related parties
Ü¿´¿³ ³»²¶¿´¿²µ¿² ¿µ¬·ª·¬¿ ±°»®¿·²§¿ô Õ»´±³°±µ Ë¿¸¿ ³»´¿µ«µ¿² ¬®¿²¿µ· ¼»²¹¿² °·¸¿µó°·¸¿µ ¾»®»´¿·ò
In their operating activities, the Group and its Subsidiaries have transactions with certain parties which are related to them.
Í»«¿· ¼»²¹¿² ÐÍßÕ Ò±ò é øλª·· îðïð÷ §¿²¹ л²¹«²¹µ¿°¿² °·¸¿µó°·¸¿µ ¾»®»´¿·Œô ¼·³¿µ«¼ ¼»²¹¿² °·¸¿µó°·¸¿µ §¿²¹ ¾»®»´¿· »¾¿¹¿· ¾»®·µ«¬æ
Based on the PSAK No. 7 (Revised 2010) “Disclosure of related parties transaction”, related parties are defined as follows:
¿²¹¹±¬¿ µ»´«¿®¹¿ ¬»®¼»µ¿¬ ¿÷ò Ñ®¿²¹ ¿¬¿« ³»³°«²§¿· ®»´¿· ¼»²¹¿² »²¬·¬¿ °»´¿°±® ¶·µ¿ ±®¿²¹ ¬»®»¾«¬æ ø·÷ò ³»³·´·µ· °»²¹»²¼¿´·¿² ¿¬¿« °»²¹»²¼¿´·¿² ¾»®¿³¿ »²¬·¬¿ °»´¿°±®å ø··÷ò ³»³·´·µ· °»²¹¿®«¸ ·¹²·º·µ¿² »²¬·¬¿ °»´¿°±®å ¿¬¿« ø···÷ò °»®±²·´ ³¿²¿¶»³»² µ«²½· »²¬·¬¿ °»´¿°±® ¿¬¿« »²¬·¬¿ ·²¼«µ ¼¿®· »²¬·¬¿ °»´¿°±®å
a). A person or a close member of that person’s family is related to the reporting entity if that person: (i). has control or joint control over the reporting entity; (ii). has significant influence over the reporting entity; or (iii). is a member of the key management personnel of the reporting entity or of a parent of the reporting entity;
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
e. Transaksi dengan pihak-pihak berelasi øÔ¿²¶«¬¿²÷ ¾÷ò Í«¿¬« »²¬·¬¿ ¾»®»´¿· ¼»²¹¿² »²¬·¬¿ °»´¿°±® ¶·µ¿ ³»³»²«¸· ¿´¿¸ ¿¬« ¸¿´ ¾»®·µ«¬æ
e. Transactions with related parties (Continued) b). An entity is related to the reporting entity if any of the following conditions applies:
»²¬·¬¿ ¼¿² »²¬·¬¿ °»´¿°±® ¿¼¿´¿¸ ¿²¹¹±¬¿ ¼¿®· µ»´±³°±µ «¿¸¿ §¿²¹ ¿³¿ ø¿®¬·²§¿ »²¬·¬¿ ·²¼«µô »²¬·¬¿ ¿²¿µô ¼¿² »²¬·¬¿ ¿²¿µ ¾»®·µ«¬²§¿ ¬»®µ¿·¬ ¼»²¹¿² »²¬·¬¿ ´¿·²÷å
(i)
ø··÷ò ¿¬« »²¬·¬¿ ¿¼¿´¿¸ »²¬·¬¿ ¿±·¿· ¿¬¿« ª»²¬«®¿ ¾»®¿³¿ ¼¿®· »²¬·¬¿ ´¿·² ø¿¬¿« »²¬·¬¿ ¿±·¿· ¿¬¿« ª»²¬«®¿ ¾»®¿³¿ §¿²¹ ³»®«°¿µ¿² ¿²¹¹±¬¿ «¿¬« µ»´±³°±µ «¿¸¿ô §¿²¹ ³¿²¿ »²¬·¬¿ ´¿·² ¬»®»¾«¬ ¿¼¿´¿¸ ¿²¹¹±¬¿²§¿÷å ø···÷ò µ»¼«¿ »²¬·¬¿ ¬»®»¾«¬ ¿¼¿´¿¸ ª»²¬«®¿ ¾»®¿³¿ ¼¿®· °·¸¿µ µ»¬·¹¿ §¿²¹ ¿³¿å ø·ª÷ò ¿¬« »²¬·¬¿ ¿¼¿´¿¸ ª»²¬«®¿ ¾»®¿³¿ ¼¿®· »²¬·¬¿ µ»¬·¹¿ ¼¿² »²¬·¬¿ §¿²¹ ´¿·² ¿¼¿´¿¸ »²¬·¬¿ ¿±·¿· ¼¿®· »²¬·¬¿ µ»¬·¹¿å øª÷ò »²¬·¬¿ ¬»®»¾«¬ ¿¼¿´¿¸ «¿¬« °®±¹®¿³ ·³¾¿´¿² °¿½¿ µ»®¶¿ «²¬«µ ·³¾¿´¿² µ»®¶¿ ¼¿®· ¿´¿¸ ¿¬« »²¬·¬¿ °»´¿°±® ¿¬¿« »²¬·¬¿ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² »²¬·¬¿ °»´¿°±®ò Ö·µ¿ »²¬·¬¿ °»´¿°±® ¿¼¿´¿¸ »²¬·¬¿ §¿²¹ ³»²§»´»²¹¹¿®¿µ¿² °®±¹®¿³ ¬»®»¾«¬ô ³¿µ¿ »²¬·¬¿ °±²±® ¶«¹¿ ¾»®»´¿· ¼»²¹¿² »²¬·¬¿ °»´¿°±®å øª·÷ò »²¬·¬¿ §¿²¹ ¼·µ»²¼¿´·µ¿² ¿¬¿« ¼·µ»²¼¿´·µ¿² ¾»®¿³¿ ±´»¸ ±®¿²¹ §¿²¹ ¼··¼»²¬·º·µ¿· ¼¿´¿³ ¸«®«º ø¿÷å ¼¿² øª··÷ò ±®¿²¹ §¿²¹ ¼··¼»²¬·º·µ¿· ¼¿´¿³ ¸«®«º ø¿÷ ø·÷ ³»³·´·µ· °»²¹¿®«¸ ·¹²·º·µ¿² ¿¬¿ »²¬·¬¿ ¿¬¿« °»®±²·´ ³¿²¿¶»³»² µ«²½· »²¬·¬¿ ø¿¬¿« »²¬·¬¿ ·²¼«µ ¼¿®· »²¬·¬¿÷ò
(ii)
ø·÷ò
Í»³«¿ ¬®¿²¿µ· ¼¿² ¿´¼± §¿²¹ ¼·´¿µ«µ¿² ¼»²¹¿² °·¸¿µó°·¸¿µ ¾»®»´¿·ô ¾¿·µ §¿²¹ ¼·´¿µ«µ¿² ¼»²¹¿² µ±²¼·· ¼¿² °»®§¿®¿¬¿² §¿²¹ ¼»²¹¿² °·¸¿µ µ»¬·¹¿ ³¿«°«² §¿²¹ ¬·¼¿µô ¬»´¿¸ ¼·«²¹µ¿°µ¿² °¿¼¿ ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿²ò
ïè
(iii) (iv) (v)
(vi) (vii)
the entity, and the reporting entity are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others); one entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member); both entities are joint ventures of the same third party; one entity is joint venture of a third entity and the other entity is an associate of the third entity; the entity is a post-employment benefit plan for the benefit of employees of either the reporting entity, or an entity related to the reporting entity. If the reporting entity in itself such a plan, the sponsoring employers are also related to the reporting entity; the entity is controlled or jointly controlled by a person identified in (a); and a person identified in (a) (i) has significant influence over the entity or is a member of the key management personnel of the entity (or a parent of the entity).
All transactions and balances with related parties, whether or not made at similar terms and conditions as those done with third parties, are disclosed in the consolidated financial statements.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
f. Kas dan setara kas
f. Cash and cash equivalents
Õ¿ ¼¿² »¬¿®¿ µ¿ ¬»®¼·®· ¼¿®· µ¿ô ¾¿²µ ¼¿² »³«¿ ·²ª»¬¿·ô §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ©¿µ¬« ¬·¹¿ ¾«´¿² ¿¬¿« µ«®¿²¹ ¼¿®· ¬¿²¹¹¿´ °»®±´»¸¿²²§¿ ¼¿² §¿²¹ ¬·¼¿µ ¼·¶¿³·²µ¿² »®¬¿ ¬·¼¿µ ¼·¾¿¬¿· °»²¹¹«²¿¿²²§¿ò g. Instrumen keuangan ø·÷
Cash and cash equivalents consist of cash on hand and in banks and all unrestricted time deposits with maturities of three months or less from the date of placement. g. Financial instruments (i) Financial assets
ß»¬ µ»«¿²¹¿² Pengakuan awal
Initial recogniton
ß»¬ µ»«¿²¹¿² ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ô °·²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ô ·²ª»¬¿· ¼·³·´·µ· ¸·²¹¹¿ ¶¿¬«¸ ¬»³°±ô ¿¬¿« ¿»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ô ³¿²¿ §¿²¹ »«¿·ò Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² µ´¿·º·µ¿· ¿»¬ µ»«¿²¹¿² °¿¼¿ ¿¿¬ °»²¹¿µ«¿² ¿©¿´ò
Financial assets are classified as financial assets at fair value through profit or loss, loans and receivables, held-to-maturity investments, or available-for-sale financial assets, as appropriate. The Group determines the classification of its financial assets at initial recognition.
Í»³«¿ ¿»¬ µ»«¿²¹¿² °¿¼¿ ¿©¿´²§¿ ¼·¿µ«· »¾»¿® ²·´¿· ©¿¶¿®²§¿ ¼·¬¿³¾¿¸ ¾·¿§¿ ¬®¿²¿µ·ô µ»½«¿´· ¼¿´¿³ ¸¿´ ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·½¿¬¿¬ °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ò
All financial assets are recognized initially at fair value plus transaction costs, except in the case of financial assets which are recorded at fair value through profit or loss.
л³¾»´·¿² ¿¬¿« °»²¶«¿´¿² ¿»¬ µ»«¿²¹¿² §¿²¹ ³»³»®´«µ¿² °»²¹·®·³¿² ¿»¬ ¼¿´¿³ µ«®«² ©¿µ¬« §¿²¹ ¼·¬»¬¿°µ¿² ±´»¸ °»®¿¬«®¿² ¿¬¿« µ»¾·¿¿¿² §¿²¹ ¾»®´¿µ« ¼·°¿¿® ø°»®¼¿¹¿²¹¿² §¿²¹ ´¿¦·³÷ ¼·¿µ«· °¿¼¿ ¬¿²¹¹¿´ °»®¼¿¹¿²¹¿²ô §¿·¬« ¬¿²¹¹¿´ Õ»´±³°±µ Ë¿¸¿ ¾»®µ±³·¬³»² «²¬«µ ³»³¾»´· ¿¬¿« ³»²¶«¿´ ¿»¬ ¬»®»¾«¬ò
Purchases or sales of financial assets that require delivery of assets within a time frame established by regulation or convention in the marketplace (regular way trades) are recognized on the trade date, i.e., the date that the Group commits to purchase or sell the assets.
ß»¬ µ»«¿²¹¿² Õ»´±³°±µ Ë¿¸¿ ³»´·°«¬· µ¿ ¼¿² »¬¿®¿ µ¿ô ·²ª»¬¿· ¶¿²¹µ¿ °»²¼»µô °·«¬¿²¹ «¿¸¿ô °·«¬¿²¹ ´¿·²ó´¿·²ô °·«¬¿²¹ °·¸¿µ ¾»®»´¿· ¼¿² «¿²¹ ³«µ¿ ¶¿³·²¿²ò
The Group’s financial assets include cash and cash equivalents, short-term investments in marketable securities, trade and other receivable, due from related parties and security deposits.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷ ø·÷
g. Financial instruments (Continued) (i) Financial assets (Continued)
ß»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ Pengakuan setelah pengakuan awal
Subsequent measurement
л²¹«µ«®¿² ¿»¬ µ»«¿²¹¿² »¬»´¿¸ °»²¹¿µ«¿² ¿©¿´ ¬»®¹¿²¬«²¹ °¿¼¿ µ´¿·º·µ¿·²§¿ »¾¿¹¿· ¾»®·µ«¬æ
The subsequent measurement of financial assets depends on their classification as follows:
ß»¬ µ»«¿²¹¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ®«¹·
Financial assets at fair value through profit or loss
ß»¬ µ»«¿²¹¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹· ¬»®³¿«µ ¿»¬ µ»«¿²¹¿² «²¬«µ ¼·°»®¼¿¹¿²¹µ¿² ¼¿² ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·¬»¬¿°µ¿² °¿¼¿ ¿¿¬ °»²¹¿µ«¿² ¿©¿´ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ò ß»¬ µ»«¿²¹¿² ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· µ»´±³°±µ ¼·°»®¼¿¹¿²¹µ¿² ¶·µ¿ ¼·°»®±´»¸ «²¬«µ ¬«¶«¿² ¼·¶«¿´ ¿¬¿« ¼·¾»´· µ»³¾¿´· ¼¿´¿³ ©¿µ¬« ¼»µ¿¬ò Õ¿¬»¹±®· ·²· ¬»®³¿«µ ·²¬®«³»² µ»«¿²¹¿² ¼»®·ª¿¬·º §¿²¹ ¼·¬¿²¼¿¬¿²¹¿²· Õ»´±³°±µ Ë¿¸¿ §¿²¹ ¬·¼¿µ ¼·¬«¶«µ¿² »¾¿¹¿· ·²¬®«³»² ´·²¼«²¹ ²·´¿· ¼¿´¿³ ¸«¾«²¹¿² ´·²¼«²¹ ²·´¿· »¾¿¹¿·³¿²¿ ¼·¼»º·²··µ¿² ±´»¸ ÐÍßÕ ëë øλª·· îðïï÷ò Ü»®·ª¿¬·ºô ¬»®³¿«µ ¼»®·ª¿¬·º ³»´»µ¿¬ §¿²¹ ¬»®°·¿¸µ¿²ô ¶«¹¿ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· µ»´±³°±µ ¼·°»®¼¿¹¿²¹µ¿² µ»½«¿´· ³»®»µ¿ ¼·¬»¬¿°µ¿² »¾¿¹¿· ·²¬®«³»² ´·²¼«²¹ ²·´¿· »º»µ¬·ºò ß»¬ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹· ¼·½¿¬¿¬ ¼¿´¿³ ´¿°±®¿² °±·· µ»«¿²¹¿² °¿¼¿ ²·´¿· ©¿¶¿® ¼»²¹¿² °»®«¾¿¸¿² ²·´¿· ©¿¶¿® ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
Financial assets at fair value through profit or loss include financial assets held for trading and financial assets designated upon initial recognition at fair value through profit or loss. Financial assets are classified as held for trading if they are acquired for the purpose of selling or repurchasing in the near term. This category includes derivative financial instruments entered into by the Group that are not designated as hedging instruments in hedge relationships as defined by PSAK 55 (Revised 2011). Derivatives, including separated embedded derivatives, are also classified as held for trading unless they are designated as effective hedging instruments. Financial assets at fair value through profit or loss are carried in the statements of financial position at fair value with changes in fair value recognized in the consolidated statements of comprehensive income.
Ü»®·ª¿¬·º ³»´»µ¿¬ ¼¿´¿³ µ±²¬®¿µ «¬¿³¿ ¼·½¿¬¿¬ »¾¿¹¿· ¼»®·ª¿¬·º ¬»®°·¿¸ ¼¿² ¼·½¿¬¿¬ »¾»¿® ²·´¿· ©¿¶¿® ¶·µ¿ µ¿®¿µ¬»®·¬·µ »µ±²±³· ¼¿² ®··µ± ¬·¼¿µ ¾»®µ¿·¬¿² »®¿¬ ¼»²¹¿² µ±²¬®¿µ «¬¿³¿ ¼¿² µ±²¬®¿µ «¬¿³¿ ¬»®»¾«¬ ¬·¼¿µ ¼·³·´·µ· «²¬«µ ¼·°»®¼¿¹¿²¹µ¿² ¿¬¿« ¼·¬»¬¿°µ¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ò Ü»®·ª¿¬·º ³»´»µ¿¬ ·²· ¼·«µ«® ¼»²¹¿² ²·´¿· ©¿¶¿® ¼»²¹¿² °»®«¾¿¸¿² ²·´¿· ©¿¶¿® ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò л²·´¿·¿² µ»³¾¿´· ¸¿²§¿ ¬»®¶¿¼· ¶·µ¿ ¬»®¼¿°¿¬ °»®«¾¿¸¿² ¼¿´¿³ µ»¬»²¬«¿² µ±²¬®¿µ §¿²¹ »½¿®¿ ·¹²·º·µ¿² ³»²¹«¾¿¸ ¿®« µ¿ §¿²¹ ¿µ¿² ¼·°»®´«µ¿²ò
Derivatives embedded in host contracts are accounted for as separate derivatives and recorded at fair value if their economic characteristics and risks are not closely related to those of the host contracts and the host contracts are not held for trading or designated at fair value through profit or loss. These embedded derivatives are measured at fair value with changes in fair value recognized in the consolidated statements of comprehensive income. Reassessment only occurs if there is a change in the terms of the contract that significantly modifies the cash flows that would otherwise be required.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (i). Financial assets (Continued)
ø·÷ò ß»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ Pengakuan setelah pengakuan awal øÔ¿²¶«¬¿²÷
Subsequent measurement (Continued)
ß»¬ µ»«¿²¹¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ®«¹· øÔ¿²¶«¬¿²÷
Financial assets at fair value through profit or loss (Continued)
п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô ·²ª»¬¿· ¶¿²¹µ¿ °»²¼»µ Õ»´±³°±µ Ë¿¸¿ ¬»®³¿«µ ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·µ´¿·º·µ¿·µ¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ò
As at December 31, 2013 and 2012, the Group’s short-term investments in marketable securities are included in financial asset classified at fair value through profit or loss.
з²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹
Loans and receivables
з²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ ¿¼¿´¿¸ ¿»¬ µ»«¿²¹¿² ²±²ó¼»®·ª¿¬·º ¼»²¹¿² °»³¾¿§¿®¿² ¬»¬¿° ¿¬¿« ¬»´¿¸ ¼·¬»²¬«µ¿²ô §¿²¹ ¬·¼¿µ ³»³°«²§¿· µ«±¬±¿· ¼· °¿¿® ¿µ¬·ºò Í»¬»´¿¸ °»²¹«µ«®¿² ¿©¿´ô ¿»¬ µ»«¿²¹¿² ¬»®»¾«¬ »´¿²¶«¬²§¿ ¼·«µ«® °¿¼¿ ¾·¿§¿ °»®±´»¸¿² §¿²¹ ¼·¿³±®¬·¿· ¼»²¹¿² ³»²¹¹«²¿µ¿² Í«µ« Þ«²¹¿ Ûº»µ¬·º øÍÞÛŒ÷ô ¼·µ«®¿²¹· ¼»²¹¿² °»²«®«²¿² ²·´¿·ò Þ·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿· ¼·¸·¬«²¹ ¼»²¹¿² ³»³°»®¸·¬«²¹µ¿² ¼·µ±²¬± ¿¬¿« °®»³· ¼¿² ¾·¿§¿ ¿µ«··· ¿¬¿« ¾·¿§¿ §¿²¹ ³»®«°¿µ¿² ¾¿¹·¿² ·²¬»¹®¿´ ¼¿®· ÍÞÛò ß³±®¬·¿· ÍÞÛ ¬»®³¿«µ ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò Õ»®«¹·¿² §¿²¹ ¬·³¾«´ ¼¿®· °»²«®«²¿² ¶«¹¿ ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. After initial measurement, such financial assets are subsequently measured at amortized cost using the Effective Interest Rate (“EIR”), less impairment. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in the consolidated statements of comprehensive income. The losses arising from impairment are also recognized in the consolidated statements of comprehensive income.
п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô µ¿ ¼¿² »¬¿®¿ µ¿ô °·«¬¿²¹ «¿¸¿ô °·«¬¿²¹ ´¿·²ó´¿·²ô °·«¬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿· ¼¿² «¿²¹ ¶¿³·²¿² Õ»´±³°±µ Ë¿¸¿ ¬»®³¿«µ ¼¿´¿³ µ¿¬»¹±®· ·²·ò
As at December 31, 2013 and 2012, the Group’s cash and cash equivalents, trade and other receivables, due from related parties and security deposits are included in this category.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷ ø·÷ò
g. Financial instruments (Continued) (i). Financial assets (Continued)
ß»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ Pengakuan øÔ¿²¶«¬¿²÷
setelah
pengakuan
awal
Subsequent measurement (Continued)
ײª»¬¿· ¼·³·´·µ· ¸·²¹¹¿ ¶¿¬«¸ ¬»³°±
Held-to-maturity (HTM) investments
ß»¬ µ»«¿²¹¿² ¾«µ¿² ¼»®·ª¿¬·º ¼»²¹¿² °»³¾¿§¿®¿² ¬»¬¿° ¿¬¿« ¬»´¿¸ ¼·¬»²¬«µ¿² ¼¿² ¶¿¬«¸ ¬»³°±²§¿ ¬»´¿¸ ¼·¬»¬¿°µ¿² ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ¼·³·´·µ· ¸·²¹¹¿ ¶¿¬«¸ ¬»³°± µ»¬·µ¿ Õ»´±³°±µ Ë¿¸¿ ³»³°«²§¿· ·²¬»²· °±·¬·º ¼¿² µ»³¿³°«¿² «²¬«µ ³»²¿¸¿² ³»®»µ¿ ¸·²¹¹¿ ¶¿¬«¸ ¬»³°±ò Í»¬»´¿¸ °»²¹«µ«®¿² ¿©¿´ô ·²ª»¬¿· ¼·³·´·µ· ¸·²¹¹¿ ¶¿¬«¸ ¬»³°± ¼·«µ«® °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿· ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ÍÞÛô ¼·µ«®¿²¹· ¼»²¹¿² °»²«®«²¿² ²·´¿·ò
Non-derivative financial assets with fixed or determinable payments and fixed maturities are classified as HTM when the Group has the positive intention and ability to hold them to maturity. After initial measurement, HTM investments are measured at amortized cost using the EIR method, less impairment.
Þ·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿· ¼·¸·¬«²¹ ¼»²¹¿² ³»³°»®¸·¬«²¹µ¿² ¼·µ±²¬± ¿¬¿« °®»³· ¼¿² ¾·¿§¿ ¿µ«··· ¿¬¿« ¾·¿§¿ §¿²¹ ³»®«°¿µ¿² ¾¿¹·¿² ·²¬»¹®¿´ ¼¿®· ÍÞÛò ß³±®¬·¿· ÍÞÛ ¬»®³¿«µ ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò Õ»®«¹·¿² §¿²¹ ¬·³¾«´ ¼¿®· °»²«®«²¿² ²·´¿· ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ³»³·´·µ· ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ·²ª»¬¿· ¼·³·´·µ· ¸·²¹¹¿ ¶¿¬«¸ ¬»³°±ò
Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in the consolidated statements of comprehensive income. The losses arising from impairment are recognized in the consolidated statements of comprehensive income. As at December 31, 2013 and 2012, the Group has not had any financial asset classified as HTM investments.
ß»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´
Available-for-sale (AFS) financial assets
ß»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ ¿¼¿´¿¸ ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·¬»¬¿°µ¿² »¾¿¹¿· ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ ¿¬¿« ¬·¼¿µ ¼·µ´¿·º·µ¿·µ¿² ¼¿´¿³ ¬·¹¿ µ¿¬»¹±®· »¾»´«³²§¿ò Í»¬»´¿¸ °»²¹«µ«®¿² ¿©¿´ô ¿»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ ¼·«µ«® ¼»²¹¿² ²·´¿· ©¿¶¿® ¼»²¹¿² µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² §¿²¹ ¾»´«³ ¼·®»¿´·¿· ¼·¿µ«· ¼¿´¿³ »µ«·¬¿ ¿³°¿· ·²ª»¬¿· ¬»®»¾«¬ ¼·¸»²¬·µ¿² °»²¹¿µ«¿²²§¿ °¿¼¿ ¿¿¬ µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² µ«³«´¿¬·º ¼·¿µ«· ¿¬¿« ¬»®¶¿¼· °»²«®«²¿² ²·´¿·ô °¿¼¿ ¿¿¬ µ»®«¹·¿² µ«³«´¿¬·º ¼·®»µ´¿·º·µ¿· ¼¿®· »µ«·¬¿ µ» °»²¼¿°¿¬¿² µ±³°®»¸»²·ºò
AFS financial assets are non-derivative financial assets that are designated as available-for-sale or not classified in any of the three preceding categories. After initial measurement, AFS financial assets are measured at fair value with unrealized gains or losses recognized in equity until the investment is derecognized at which time the cumulative gain or loss is recognized or determined to be impaired, at which time the cumulative loss is reclassified from equity to comprehensive income.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷ ø·÷ò
g. Financial instruments (Continued) (i). Financial assets (Continued)
ß»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ ß»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ øÔ¿²¶«¬¿²÷
Available-for-sale (Continued)
(AFS)
financial
assets
Þ«²¹¿ §¿²¹ ¼·°»®±´»¸ ¼¿®· ·²ª»¬¿· µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ ¼·½¿¬¿¬ »¾¿¹¿· °»²¼¿°¿¬¿² ¾«²¹¿ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ÍÞÛò
Interest earned on available-for-sale financial investments is reported as interest income using the EIR method.
п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ³»³·´·µ· ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ¬»®»¼·¿ «²¬«µ ¼·¶«¿´ò
As at December 31, 2013 and 2012, the Group has not had any financial asset classified as available-for-sale. (ii). Financial liabilities
ø··÷ò Ô·¿¾·´·¬¿ µ»«¿²¹¿² Pengakuan awal
Initial recognition
Ô·¿¾·´·¬¿ µ»«¿²¹¿² ¼¿´¿³ ®«¿²¹ ´·²¹µ«° ÐÍßÕ ëë øλª·· îðïï÷ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ´·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ®«¹·ô «¬¿²¹ ¼¿² °·²¶¿³¿²ô ¿¬¿« ¼»®·ª¿¬·º §¿²¹ ¼·¬»¬¿°µ¿² »¾¿¹¿· ·²¬®«³»² ´·²¼«²¹ ²·´¿· ¼¿´¿³ ´·²¼«²¹ ²·´¿· §¿²¹ »º»µ¬·ºô ³¿²¿ §¿²¹ »«¿·ò Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² µ´¿·º·µ¿· ´·¿¾·´·¬¿ µ»«¿²¹¿² °¿¼¿ ¿¿¬ °»²¹¿µ«¿² ¿©¿´ò
Financial liabilities within the scope of PSAK 55 (Revised 2011) are classified as financial liabilities at fair value through profit or loss, loans and borrowings, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The Group determines the classification of its financial liabilities at initial recognition.
Í»³«¿ ´·¿¾·´·¬¿ µ»«¿²¹¿² °¿¼¿ ¿©¿´²§¿ ¼·¿µ«· »¾»¿® ²·´¿· ©¿¶¿® ¼¿²ô ¼¿´¿³ ¸¿´ «¬¿²¹ ¼¿² °·²¶¿³¿²ô ¬»®³¿«µ ¼¿®· ¾·¿§¿ ¬®¿²¿µ· ¬»®µ¿·¬ò Ô·¿¾·´·¬¿ µ»«¿²¹¿² Õ»´±³°±µ Ë¿¸¿ ³»´·°«¬· «¬¿²¹ ¾¿²µ ¶¿²¹µ¿ °»²¼»µô «¬¿²¹ «¿¸¿ô «¬¿²¹ ´¿·²ó´¿·²ô ¾·¿§¿ ³¿·¸ ¸¿®« ¼·¾¿§¿® ¼¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿²ò
Financial liabilities within the scope of PSAK 55 (Revised 2011) are classified as financial liabilities at fair value through profit or loss, loans and borrowings, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The Group determines the classification of its financial liabilities at initial recognition.
л²¹«µ«®¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² ¬»®¹¿²¬«²¹ °¿¼¿ µ´¿·º·µ¿·²§¿ »¾¿¹¿· ¾»®·µ«¬ æ
The measurement of financial liabilities depends on their classification as follows:
Ô·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·
Financial liabilities at fair value through profit or loss
Ô·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹· ¬»®³¿«µ ´·¿¾·´·¬¿ µ»«¿²¹¿² «²¬«µ ¼·°»®¼¿¹¿²¹µ¿² ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·¬»¬¿°µ¿² °¿¼¿ ¿¿¬ °»²¹¿µ«¿² ¿©¿´ §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·ò
Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition at fair value through profit or loss.
îí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (ii). Financial liabilities (Continued)
ø··÷ò Ô·¿¾·´·¬¿ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ Pengakuan awal øÔ¿²¶«¬¿²÷
Initial recognition (Continued)
Ô·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹· øÔ¿²¶«¬¿²÷
Financial liabilities at fair value through profit or loss (Continued)
Ô·¿¾·´·¬¿ µ»«¿²¹¿² ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· µ»´±³°±µ ¼·°»®¼¿¹¿²¹µ¿² ¶·µ¿ ¼·°»®±´»¸ «²¬«µ ¬«¶«¿² ¼·¶«¿´ ¿¬¿« ¼·¾»´· µ»³¾¿´· ¼¿´¿³ ©¿µ¬« ¼»µ¿¬ò Õ¿¬»¹±®· ·²· ¬»®³¿«µ ·²¬®«³»² µ»«¿²¹¿² ¼»®·ª¿¬·º §¿²¹ ¼·¬¿²¼¿¬¿²¹¿²· ±´»¸ Õ»´±³°±µ Ë¿¸¿ §¿²¹ ¬·¼¿µ ¼·¬»¬¿°µ¿² »¾¿¹¿· ·²¬®«³»² ´·²¼«²¹ ²·´¿· ¼¿´¿³ ¸«¾«²¹¿² ´·²¼«²¹ ²·´¿· »¾¿¹¿·³¿²¿ ¼·¼»º·²··µ¿² ±´»¸ ÐÍßÕ Ò±ò ëë øλª·· îðïï÷ò
Financial liabilities are classified as held for trading if they are acquired for the purpose of selling or repurchasing in the near term. This category includes derivative financial instruments entered into by the Group that are not designated as hedging instruments in hedge relationships as defined by PSAK No. 55 (Revised 2011).
¶«¹¿ Ü»®·ª¿¬·º ³»´»µ¿¬ ¼·°·¿¸µ¿² ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· µ»´±³°±µ ¼·°»®¼¿¹¿²¹µ¿² µ»½«¿´· ¼·¬»¬¿°µ¿² »¾¿¹¿· ·²¬®«³»² ´·²¼«²¹ ²·´¿· »º»µ¬·ºò Õ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² ¿¬¿ ´·¿¾·´·¬¿ §¿²¹ ¼·³·´·µ· «²¬«µ ¼·°»®¼¿¹¿²¹µ¿² ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
Separated embedded derivatives are also classified as held for trading unless they are designated as effective hedging instruments. Gains or losses on liabilities held for trading are recognized in the consolidated statement of comprehensive income.
Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ³»³·´·µ· ´·¿¾·´·¬¿ µ»«¿²¹¿² §¿²¹ ¼·µ´¿·º·µ¿·µ¿² °¿¼¿ ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹· °¿¼¿ íï Ü»»³¾»® îðïíò
The Group has not had any financial liabilities classified at fair value through profit or loss as at December 31, 2013.
ˬ¿²¹ ¼¿² °·²¶¿³¿²
Loans and borrowings
ˬ¿²¹ ¼¿² °·²¶¿³¿² ¼·µ»²¿· ¾«²¹¿ »´¿²¶«¬²§¿ ¼·«µ«® °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿· ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ÍÞÛò
Interest-bearing loans and borrowings are subsequently measured at amortized cost using the EIR method.
Õ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² µ»¬·µ¿ ´·¿¾·´·¬¿ ¬»®»¾«¬ ¼·¸»²¬·µ¿² °»²¹¿µ«¿²²§¿ »®¬¿ ³»´¿´«· °®±» ¿³±®¬·¿· ÍÞÛò
Gains or losses are recognized in the consolidated statement of comprehensive income when the liabilities are derecognized as well as through the EIR amortization process.
з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µô «¬¿²¹ «¿¸¿ô «¬¿²¹ ´¿·²ó´¿·²ô ¾»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿®ô °·²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °¿²¶¿²¹ô «¬¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° ¼¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿² Õ»´±³°±µ Ë¿¸¿ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô ¬»®³¿«µ ¼¿´¿³ µ¿¬»¹±®· ·²·ò
The Group’s short-term bank loans, trade payables, other payables, accrued expenses, long-term bank loans, purchase of property, plant and equipment payables and obligation under finance leases as at December 31, 2013 and 2012 are included in this category.
îì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (iii). Offsetting of financial instruments
ø···÷ò Í¿´·²¹ ¸¿°« ·²¬®«³»² µ»«¿²¹¿² ß»¬ µ»«¿²¹¿² ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² ¿´·²¹ ¸¿°« ¼¿² ²·´¿· ²»¬±²§¿ ¼·´¿°±®µ¿² ¼¿´¿³ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿² ¶·µ¿ô ¼¿² ¸¿²§¿ ¶·µ¿ô ¬»®¼¿°¿¬ ¸¿µ §¿²¹ ¾»®µ»µ«¿¬¿² ¸«µ«³ «²¬«µ ³»²¹·³¾¿²¹· ¶«³´¿¸ §¿²¹ ¼·¿µ«· ¼¿² ¿¼¿ ²·¿¬ «²¬«µ ³»²§»´»¿·µ¿² »½¿®¿ ²»¬±ô ¿¬¿« «²¬«µ ³»®»¿´·¿·µ¿² ¿»¬ ¼¿² ³»²§»´»¿·µ¿² ´·¿¾·´·¬¿ »½¿®¿ ¾»®¿³¿¿²ò
Financial assets and financial liabilities are offset and the net amount reported in the consolidated statement of financial position if, and only if, there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously. (iv). Fair value of financial instruments
ø·ª÷ò Ò·´¿· ©¿¶¿® ·²¬®«³»² µ»«¿²¹¿² Ò·´¿· ©¿¶¿® ·²¬®«³»² µ»«¿²¹¿² §¿²¹ ¼·°»®¼¿¹¿²¹µ¿² ¼· °¿¿® ¿µ¬·º °¿¼¿ »¬·¿° ¬¿²¹¹¿´ °»´¿°±®¿² ¼·¬»²¬«µ¿² ¼»²¹¿² ³»²¹¿½« °¿¼¿ µ«±¬¿· ¸¿®¹¿ °¿¿® ¿¬¿« µ«¬·°¿² ¸¿®¹¿ ¼»¿´»® ø¬¿©¿®¿² ¸¿®¹¿ «²¬«µ °±·· ¶¿²¹µ¿ °¿²¶¿²¹ ¼¿² ³»³·²¬¿ ¸¿®¹¿ «²¬«µ °±·· ¶¿²¹µ¿ °»²¼»µ÷ô ¬¿²°¿ °»²¹«®¿²¹¿² «²¬«µ ¾·¿§¿ ¬®¿²¿µ·ò ˲¬«µ ·²¬®«³»² µ»«¿²¹¿² ¼·³¿²¿ ¬·¼¿µ ¿¼¿ °¿¿® ¿µ¬·ºô ²·´¿· ©¿¶¿® ¼·¬»²¬«µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ¬»µ²·µ °»²·´¿·¿²ò Ì»µ²·µ ¬»®»¾«¬ ³»´·°«¬· °»²¹¹«²¿¿² ¬®¿²¿µ· °¿¿® ¬»®µ·²· §¿²¹ ¼·´¿µ«µ¿² »½¿®¿ ©¿¶¿® ø¿®³Žó´»²¹¬¸ ³¿®µ»¬ ¬®¿²¿½¬·±²÷ô ®»º»®»²· ¿¬¿ ²·´¿· ©¿¶¿® ¬»®µ·²· ¼¿®· ·²¬®«³»² ´¿·² §¿²¹ »½¿®¿ «¾¬¿²·¿´ ¿³¿ô ¿²¿´·· ¿®« µ¿ §¿²¹ ¼·µ±²¬±µ¿²ô ¿¬¿« ³±¼»´ °»²·´¿·¿² ´¿·²²§¿ò
The fair value of financial instruments that are traded in active market at each reporting date is determined by reference to quoted market prices or dealer price quotations (bid price for long position and ask price for short position), without any deduction for transaction costs. For financial instruments where there is no active market, fair value is determined using valuation techniques. Such techniques may include using recent arm’s length market transactions, reference to the current fair value of another instrument that is substantially the same, discounted cash flow analysis, or other valuation models.
Õ»´±³°±µ Ë¿¸¿ ³»²§»«¿·µ¿² ¸¿®¹¿ ¼· °¿¿® «²¬«µ §¿²¹ ´»¾·¸ ³»²¹«²¬«²¹µ¿² ³»²½»®³·²µ¿² ¿¼¿²§¿ °»®¾»¼¿¿² ®··µ± µ®»¼·¬ °·¸¿µ ´¿©¿² ¿²¬¿®¿ ·²¬®«³»² §¿²¹ ¼·°»®¼¿¹¿²¹µ¿² ¼·°¿¿® ¬»®»¾«¬ ¼»²¹¿² §¿²¹ ¼·²·´¿· «²¬«µ °±·· ¿»¬ µ»«¿²¹¿²ò Ü¿´¿³ ³»²»²¬«µ¿² ²·´¿· ©¿¶¿® °±·· ´·¿¾·´·¬¿ µ»«¿²¹¿²ô ®··µ± µ®»¼·¬ Õ»´±³°±µ Ë¿¸¿ ¾»®µ¿·¬¿² ¼»²¹¿² ·²¬®«³»² ¬»®»¾«¬ ·µ«¬ ¼·°»®¸·¬«²¹µ¿²ò
The Group adjusts the price in the more advantageous market to reflect any differences in counterparty credit risk between instruments traded in that market and the ones being valued for financial asset positions. In determining the fair value of financial liability positions, the Group's own credit risk associated with the instrument is taken into account.
îë
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (v). Amortized cost of financial instruments
øª÷ò Þ·¿§¿ °»®±´»¸¿² §¿²¹ ¼· ¿³±®¬·¿· ·²¬®«³»² µ»«¿²¹¿² Þ·¿§¿ °»®±´»¸¿² §¿²¹ ¼·¿³±®¬·¿· ¼·¸·¬«²¹ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ÍÞÛ ¼·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· ¼¿² °»³¾¿§¿®¿² °±µ±µ ¿¬¿« °»²¹«®¿²¹¿²ò л®¸·¬«²¹¿² ·²· ³»³°»®¸·¬«²¹µ¿² °®»³· ¿¬¿« ¼·µ±²¬± °¿¼¿ ¿¿¬ °»®±´»¸¿² ¼¿² ¬»®³¿«µ ¾·¿§¿ ¬®¿²¿µ· ¼¿² ·³¾¿´¿² §¿²¹ ³»®«°¿µ¿² ¾¿¹·¿² ·²¬»¹®¿´ ¼¿®· ÍÞÛò
Amortized cost is computed using the EIR method less any allowance for impairment and principal repayment or reduction. The calculation takes into account any premium or discount on acquisition and includes transaction costs and fees that are an integral part of the EIR. (vi). Impairment of financial assets
øª·÷ò л²«®«²¿² ²·´¿· ¿»¬ µ»«¿²¹¿² Õ»´±³°±µ Ë¿¸¿ ³»²·´¿· °¿¼¿ »¬·¿° ¿µ¸·® °»®·±¼» °»´¿°±®¿² ¿°¿µ¿¸ ¬»®¼¿°¿¬ ¾«µ¬· §¿²¹ ±¾§»µ¬·º ¾¿¸©¿ ¿»¬ µ»«¿²¹¿² ¿¬¿« µ»´±³°±µ ¿»¬ µ»«¿²¹¿² ³»²¹¿´¿³· °»²«®«²¿² ²·´¿·ò
The Group assesses at the end of each reporting period whether there is any objective evidence that a financial asset or a group of financial assets is impaired.
ß»¬ µ»«¿²¹¿² §¿²¹ ¼·½¿¬¿¬ °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿·
Financial assets carried at amortized cost
˲¬«µ °·²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ §¿²¹ ¼·½¿¬¿¬ °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿·ô Õ»´±³°±µ Ë¿¸¿ ¬»®´»¾·¸ ¼¿¸«´« ³»²·´¿· ¿°¿µ¿¸ ¬»®¼¿°¿¬ ¾«µ¬· ±¾§»µ¬·º °»²«®«²¿² ²·´¿· »½¿®¿ ·²¼·ª·¼«¿´ ¿¬¿ ¿»¬ µ»«¿²¹¿² §¿²¹ ·¹²·º·µ¿² »½¿®¿ ·²¼·ª·¼«¿´ô ¿¬¿« »½¿®¿ µ±´»µ¬·º «²¬«µ ¿»¬ µ»«¿²¹¿² §¿²¹ ¬·¼¿µ ·¹²·º·µ¿² »½¿®¿ ·²¼·ª·¼«¿´ò
For loans and receivables carried at amortized cost, the Group first assesses whether objective evidence of impairment exists individually for financial assets that are individually significant, or collectively for financial assets that are not individually significant.
Ö·µ¿ Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² ¬·¼¿µ ¬»®¼¿°¿¬ ¾«µ¬· ±¾§»µ¬·º ³»²¹»²¿· °»²«®«²¿² ²·´¿· ¿¬¿ ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·²·´¿· »½¿®¿ ·²¼·ª·¼«¿´ô ¿°¿µ¿¸ ·¹²·º·µ¿² ¿¬¿« ¬·¼¿µô ¿»¬ ¬»®»¾«¬ ¬»®³¿«µ ¿»¬ ¼¿´¿³ µ»´±³°±µ ¿»¬ µ»«¿²¹¿² §¿²¹ ³»³·´·µ· µ¿®¿µ¬»®·¬·µ ®··µ± µ®»¼·¬ §¿²¹ »¶»²· ¼¿² µ»´±³°±µ »½¿®¿ µ±´»µ¬·º ¼·²·´¿· «²¬«µ °»²«®«²¿²ò ß»¬ §¿²¹ ¼·²·´¿· »½¿®¿ ·²¼·ª·¼«¿´ «²¬«µ °»²«®«²¿² ¼¿² «²¬«µ ·¬« µ»®«¹·¿² °»²«®«²¿² ²·´¿· ¼·¿µ«· ¿¬¿« ¬»¬¿° ¼·¿µ«·ô ¬·¼¿µ ¬»®³¿«µ ¼¿´¿³ °»²·´¿·¿² °»²«®«²¿² ²·´¿· »½¿®¿ µ±´»µ¬·ºò
If the Group determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and the group is collectively assessed for impairment. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognized are not included in a collective assessment of impairment.
îê
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (vi). Impairment of financial assets (Continued)
øª·÷ò л²«®«²¿² ²·´¿· ¿»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷ ß»¬ µ»«¿²¹¿² §¿²¹ ¼·½¿¬¿¬ °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿· øÔ¿²¶«¬¿²÷
Financial assets carried at amortized cost (Continue)
Ö·µ¿ ¬»®¼¿°¿¬ ¾«µ¬· ±¾§»µ¬·º ¾¿¸©¿ µ»®«¹·¿² °»²«®«²¿² ²·´¿· ¬»´¿¸ ¬»®¶¿¼·ô ¶«³´¿¸ µ»®«¹·¿² ¬»®»¾«¬ ¼·«µ«® »¾¿¹¿· »´··¸ ¿²¬¿®¿ ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¼»²¹¿² ²·´¿· µ·²· »¬·³¿· ¿®« µ¿ ³¿¿ ¼»°¿² ø¬·¼¿µ ¬»®³¿«µ µ»®«¹·¿² µ®»¼·¬ ¼· ³¿¿ ³»²¼¿¬¿²¹ §¿²¹ ¾»´«³ ¬»®¶¿¼·÷ò Ò·´¿· µ·²· ¼¿®· ¿®« µ¿ »¬·³¿· ³¿¿ ¼»°¿² ¼·¼·µ±²¬±µ¿² °¿¼¿ ÍÞÛ ¿©¿´ ¼¿®· ¿»¬ µ»«¿²¹¿² ¬»®»¾«¬ò Ö·µ¿ °·²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¿¬¿« °·«¬¿²¹ ³»³·´·µ· «µ« ¾«²¹¿ ª¿®·¿¾»´ô ¬·²¹µ¿¬ ¼·µ±²¬± «²¬«µ ³»²¹«µ«® µ»®«¹·¿² °»²«®«²¿² ²·´¿· ¿¼¿´¿¸ ÍÞÛ ¿¿¬ ·²·ò
If there is objective evidence that an impairment loss has occurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future expected credit losses that have not yet been incurred). The present value of the estimated future cash flows is discounted at the financial asset’s original EIR. If a loan or receivable has a variable interest rate, the discount rate for measuring impairment loss is the current EIR.
Ò·´¿· ¬»®½¿¬¿¬ ¿»¬ ¬»®»¾«¬ ¾»®µ«®¿²¹ ³»´¿´«· °»²¹¹«²¿¿² ¿µ«² °»²§··¸¿² ¼¿² ¶«³´¿¸ µ»®«¹·¿² §¿²¹ ¬»®¶¿¼· ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò л²¼¿°¿¬¿² ¾«²¹¿ ¬»¬¿° ¼·¿µ«· ¾»®¼¿¿®µ¿² ²·´¿· ¬»®½¿¬¿¬ §¿²¹ ¬»´¿¸ ¼·µ«®¿²¹·ô ¾»®¼¿¿®µ¿² «µ« ¾«²¹¿ §¿²¹ ¼·¹«²¿µ¿² «²¬«µ ³»²¼·µ±²¬±µ¿² ¿®« µ¿ ³¿¿ ¼»°¿² ¼»²¹¿² ¬«¶«¿² «²¬«µ ³»²¹«µ«® µ»®«¹·¿² °»²«®«²¿² ²·´¿·ò з²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ô ¾»®¿³¿ó¿³¿ ¼»²¹¿² °»²§··¸¿² ¬»®µ¿·¬ô ¼·¸¿°«µ¿² ¾·´¿ ¬·¼¿µ ¿¼¿ °®±°»µ §¿²¹ ®»¿´·¬· °»³«´·¸¿² ¼· ³¿¿ ¼»°¿² ¼¿² »³«¿ ¶¿³·²¿² ¬»´¿¸ ¬»®»¿´·¿· ¿¬¿« ¬»´¿¸ ¼·¿´·¸µ¿² µ»°¿¼¿ Õ»´±³°±µ Ë¿¸¿ò
The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognized in the consolidated statement of comprehensive income. Interest income continues to be accrued on the reduced carrying amount based on the rate of interest used to discount future cash flows for the purpose of measuring impairment loss. Loans and receivables, together with the associated allowance, are written off when there is no realistic prospect of future recovery and all collateral has been realized or has been transferred to the Group.
Ö·µ¿ô °¿¼¿ °»®·±¼» ¾»®·µ«¬²§¿ô ¶«³´¿¸ »¬·³¿· µ»®«¹·¿² °»²«®«²¿² ²·´¿· ³»²·²¹µ¿¬ ¿¬¿« ¾»®µ«®¿²¹ µ¿®»²¿ «¿¬« °»®·¬·©¿ §¿²¹ ¬»®¶¿¼· »¬»´¿¸ °»²«®«²¿² ²·´¿· ¬»®»¾«¬ ¼·¿µ«·ô ³¿µ¿ µ»®«¹·¿² °»²«®«²¿² ²·´¿· §¿²¹ »¾»´«³²§¿ ¼·¿µ«· ¼·¬¿³¾¿¸ ¿¬¿« ¼·µ«®¿²¹· ¼»²¹¿² ³»²§»«¿·µ¿² ¿µ«² °»²§··¸¿²ò Ö·µ¿ «¿¬« °»²¹¸¿°«¿² ³¿¿ ¼»°¿² ·²· µ»³«¼·¿² ¼·°«´·¸µ¿²ô °»³«´·¸¿² ¬»®»¾«¬ ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
If, in a subsequent period, the amount of the estimated impairment loss increases or decreases because of an event occurring after the impairment was recognized, the previously recognized impairment loss is increased or reduced by adjusting the allowance account. If a future write-off is later recovered, the recovery is recognized in the consolidated statement of comprehensive income.
îé
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued)
øª·÷ò л²«®«²¿² ²·´¿· ¿»¬ µ»«¿²¹¿² øÔ¿²¶«¬¿²÷
(vi). Impairment of financial assets (Continued)
ß»¬ µ»«¿²¹¿² ¬»®»¼·¿ «²¬«µ ¼·¶«¿´
Available-for-sale AFS financial assets
Ü¿´¿³ µ¿« ·²ª»¬¿· »µ«·¬¿ §¿²¹ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ¿»¬ µ»«¿²¹¿² ßÚÍô ¾«µ¬· ±¾§»µ¬·º ³»´·°«¬· «¿¬« °»²«®«²¿² §¿²¹ ·¹²·º·µ¿² ¿¬¿« ¾»®µ»°¿²¶¿²¹¿² °¿¼¿ ²·´¿· ©¿¶¿® ¼¿®· ·²ª»¬¿· ¼· ¾¿©¿¸ ¾·¿§¿ °»®±´»¸¿²²§¿ò
In the case of an equity investment classified as an AFS financial asset, objective evidence would include a significant or prolonged decline in the fair value of the investment below its cost.
Õ»¬·µ¿ ¬»®¼¿°¿¬ ¾«µ¬· ±¾§»µ¬·º °»²«®«²¿² ²·´¿·ô µ»®«¹·¿² µ«³«´¿¬·º ó §¿²¹ ¼·«µ«® »¾¿¹¿· »´··¸ ¿²¬¿®¿ ¾·¿§¿ °»®±´»¸¿² ¼»²¹¿² ²·´¿· ©¿¶¿® µ·²·ô ¼·µ«®¿²¹· µ»®«¹·¿² °»²«®«²¿² ²·´¿· °¿¼¿ ·²ª»¬¿· §¿²¹ »¾»´«³²§¿ ¬»´¿¸ ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¼·®»µ´¿·º·µ¿· ¼¿®· »µ«·¬¿ µ» °»²¼¿°¿¬¿² µ±³°®»¸»²·ºò л²«®«²¿² ²·´¿· ¿¬¿ ·²ª»¬¿· »µ«·¬¿ ¬·¼¿µ ¾±´»¸ ¼·°«´·¸µ¿² ³»´¿´«· ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ô µ»²¿·µ¿² ²·´¿· ©¿¶¿® »¬»´¿¸ °»²«®«²¿² ²·´¿· ¼·¿µ«· ¼¿´¿³ »µ«·¬¿ò
Where there is objective evidence of impairment, the cumulative loss - measured as the difference between the acquisition cost and the current fair value, less any impairment loss on that investment previously recognized in the consolidated statement of comprehensive income is reclassified from equity to comprehensive income. Impairment loss on equity investment is not reversed through the consolidated statement of comprehensive income; increase in its fair value after impairment is recognized in equity.
Ü¿´¿³ ¸¿´ ·²¬®«³»² «¬¿²¹ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· ¿»¬ µ»«¿²¹¿² ßÚÍô °»²«®«²¿² ²·´¿· ¼·»ª¿´«¿· ¾»®¼¿¿®µ¿² µ®·¬»®·¿ §¿²¹ ¿³¿ ¼»²¹¿² ¿»¬ µ»«¿²¹¿² §¿²¹ ¼·½¿¬¿¬ °¿¼¿ ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿·ò л²¼¿°¿¬¿² ¾«²¹¿ ¼· ³¿¿ ¼¿¬¿²¹ ¼·¼¿¿®µ¿² °¿¼¿ ²·´¿· ¬»®½¿¬¿¬ ¼·µ«®¿²¹· ¼¿² ¼·¿µ«· ¾»®¼¿¿®µ¿² «µ« ¾«²¹¿ §¿²¹ ¼·¹«²¿µ¿² «²¬«µ ³»²¼·µ±²¬±µ¿² ¿®« µ¿ ³¿¿ ¼»°¿² ¼»²¹¿² ¬«¶«¿² «²¬«µ ³»²¹«µ«® µ»®«¹·¿² °»²«®«²¿² ²·´¿·ò
In the case of a debt instrument classified as an AFS financial asset, impairment is assessed based on the same criteria as financial asset carried at amortized cost. Future interest income is based on the reduced carrying amount and is accrued based on the rate of interest used to discount future cash flows for the purpose of measuring impairment loss.
ßµ®«¿´ ¬»®»¾«¬ ¼·½¿¬¿¬ »¾¿¹¿· ¾¿¹·¿² ¼¿®· ¿µ«² þл²¼¿°¿¬¿² Þ«²¹¿ ¼¿² Õ»«¿²¹¿²þ ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò Ö·µ¿ô °¿¼¿ °»®·±¼» ¾»®·µ«¬²§¿ô ²·´¿· ©¿¶¿® ·²¬®«³»² «¬¿²¹ ³»²·²¹µ¿¬ ¼¿² °»²·²¹µ¿¬¿² ¬»®»¾«¬ ¼¿°¿¬ »½¿®¿ ±¾§»µ¬·º ¼·¸«¾«²¹µ¿² ¼»²¹¿² °»®·¬·©¿ §¿²¹ ¬»®¶¿¼· »¬»´¿¸ °»²«®«²¿² ²·´¿· ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ô ³¿µ¿ µ»®«¹·¿² °»²«®«²¿² ²·´¿· ¬»®»¾«¬ ¸¿®« ¼·°«´·¸µ¿² ³»´¿´«· ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
Such accrual is recorded as part of the “Interest and Finance Income” account in the consolidated statement of comprehensive income. If, in a subsequent period, the fair value of a debt instrument increases and the increase can be objectively related to an event occurring after the impairment loss was recognized in the consolidated statement of comprehensive income, the impairment loss is reversed through the consolidated statement of comprehensive income.
îè
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
g. Instrumen keuangan øÔ¿²¶«¬¿²÷
g. Financial instruments (Continued) (vii). Derecognition of financial assets and liabilities
øª··÷ò л²¹¸»²¬·¿² °»²¹¿µ«¿² ¿»¬ µ»«¿²¹¿² ¼¿² ´·¿¾·´·¬¿ Í«¿¬« ¿»¬ µ»«¿²¹¿² ø¿¬¿« ¿°¿¾·´¿ ¼¿°¿¬ ¼·¬»®¿°µ¿² «²¬«µ ¾¿¹·¿² ¼¿®· ¿»¬ µ»«¿²¹¿² ¿¬¿« ¾¿¹·¿² ¼¿®· µ»´±³°±µ ¿»¬ µ»«¿²¹¿² »®«°¿÷ ¼·¸»²¬·µ¿² °»²¹¿µ«¿²²§¿ °¿¼¿ ¿¿¬æ øï÷ ¸¿µ «²¬«µ ³»²»®·³¿ ¿®« µ¿ ¼¿®· ¿»¬ µ»«¿²¹¿² ¬»®»¾«¬ ¾»®¿µ¸·®ô ¿¬¿« øî÷ Õ»´±³°±µ Ë¿¸¿ ³»³·²¼¿¸µ¿² ¸¿µ «²¬«µ ³»²»®·³¿ ¿®« µ¿ ¼¿®· ¿»¬ µ»«¿²¹¿² ¿¬¿« ³»²¿²¹¹«²¹ µ»©¿¶·¾¿² «²¬«µ ³»³¾¿§¿® ¿®« µ¿ §¿²¹ ¼·¬»®·³¿ »½¿®¿ °»²«¸ ¬¿²°¿ °»²«²¼¿¿² §¿²¹ ·¹²·º·µ¿² µ»°¿¼¿ °·¸¿µ µ»¬·¹¿ ¾»®¼¿¿®µ¿² °»®¶¿²¶·¿² °»²§»®¿¸¿² øþ°¿ó¬¸®±«¹¸þ÷ô ¼¿² ¿´¿¸ ¿¬« ¼·¿²¬¿®¿ ø¿÷ Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ³»²¬®¿²º»® »½¿®¿ «¾¬¿²·¿´ »´«®«¸ ®··µ± ¼¿² ³¿²º¿¿¬ ¼¿®· ¿»¬ô ¿¬¿« ø¾÷ Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ³»²¬®¿²º»® ¿¬¿« ¬·¼¿µ ³»³·´·µ· »½¿®¿ «¾¬¿²·¿´ »´«®«¸ ®··µ± ¼¿² ³¿²º¿¿¬ ¿¬¿ ¿»¬ô ²¿³«² ¬»´¿¸ ³»³·²¼¿¸µ¿² °»²¹»²¼¿´·¿² ¿¬¿ ¿»¬ ¬»®»¾«¬ò h. Piutang usaha dan lain-lain
A financial asset (or where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized when: (1) the rights to receive cash flows from the asset have expired; or (2) the Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a “pass-through” arrangement; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset.
h. Trade and other receivables
竬¿²¹ «¿¸¿ ¼¿² ´¿·²Š´¿·² ¼·µ´¿·º·µ¿·µ¿² ¼¿² ¼·½¿¬¿¬ »¾¿¹¿· °·²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ »«¿· ¼»²¹¿² ÐÍßÕ Ò±ò ëë øλª·· îðïï÷ò л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ ¼·»¬·³¿· ¾»®¼¿¿®µ¿² °»²»´¿¿¸¿² ¿¬¿ µ±´»µ¬·¾·´·¬¿ ¿´¼± °·«¬¿²¹ò 竬¿²¹ ¼·¸¿°«µ¿² °¿¼¿ ¿¿¬ °·«¬¿²¹ ¬»®»¾«¬ ¼·°¿¬·µ¿² ¬·¼¿µ ¿µ¿² ¬»®¬¿¹·¸ øÝ¿¬¿¬¿² î¹÷ò
Trade and other receivables are classified and recorded as loans and receivables in accordance with to PSAK No. 55 (Revised 2011). An allowance for impairment in the value of receivable is estimated based on the review of the collectibility of outstanding amounts. Trade receivables are written-off as bad debts during the period in which they are determined to be not collectible (Note 2g).
п¼¿ °»²¹¿´·¸¿² °·«¬¿²¹ ø¿²¶¿µ °·«¬¿²¹÷ ¬¿²°¿ ¬¿²¹¹«²¹ ®»²¬»²¹ ørecourse)ô »´··¸ ²·´¿· °·«¬¿²¹ ¿´·¸¿² ¼»²¹¿² ¼¿²¿ §¿²¹ ¼·¬»®·³¿ ¼·¬¿³¾¿¸ ®»¬»²· ¼·¿µ«· »¾¿¹¿· µ»®«¹·¿² ¿¬¿ ¬®¿²¿µ· ¿²¶¿µ °·«¬¿²¹ô ¼¿² ¼·¿µ«· °¿¼¿ ¿¿¬ ¬®¿²¿µ· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·ºò
In factoring transaction without recourse, any difference between amount of receivables transferred and fund received plus retention shall be recognized as a loss from the factoring transaction and recorded as expense at the time of transaction in the consolidated statement of comprehensive income.
Ü¿²¿ §¿²¹ ¼·¬¿¸¿² ø®»¬»²·÷ ¼¿´¿³ µ¿·¬¿²²§¿ ¼»²¹¿² ¬®¿²¿µ· ¿²¶¿µ °·«¬¿²¹ô ¾·´¿ ¿¼¿ô ¼·¿µ«· »¾¿¹¿· °·«¬¿²¹ ®»¬»²· ¼¿² ¼· µ´¿·º·µ¿·µ¿² ¼¿´¿³ ¿»¬ ´¿²½»®ò
The retention in respect of factoring transaction, if any, is recognized as factoring retention receivable and classified as current assets.
îç
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
i. Persediaan
i. Inventories
Þ¿®¿²¹ ¶¿¼·ô ¾¿¸¿² ¾¿µ« ¼¿² «°°´·» ¼¿² ¾¿®¿²¹ ¼¿´¿³ °®±» ¼·¿µ«· »¾»¿® ²·´¿· §¿²¹ ´»¾·¸ ®»²¼¿¸ ¿²¬¿®¿ ¸¿®¹¿ °»®±´»¸¿² ¼¿² ²·´¿· ®»¿´·¿· ²»¬±ò
Finished goods, raw materials and supplies and work in-progress are stated at the lower of cost and net realizable value.
Ø¿®¹¿ °»®±´»¸¿² ¾¿®¿²¹ ¶¿¼· ¼¿² °»µ»®¶¿¿² ¼¿´¿³ °®±» ¬»®¼·®· ¼¿®· ¾·¿§¿ ¾¿¸¿² ¾¿µ«ô ¬»²¿¹¿ µ»®¶¿ ´¿²¹«²¹ô ¾·¿§¿ó¾·¿§¿ ´¿²¹«²¹ ´¿·²²§¿ ¼¿² ¾·¿§¿ ±ª»®¸»¿¼ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² °®±¼«µ·ò
The cost of finished goods and work in-progress comprises raw materials, direct labor, other direct costs and related production overheads.
Ò·´¿· ®»¿´·¿· ²»¬± ¿¼¿´¿¸ »¬·³¿· ¸¿®¹¿ °»²¶«¿´¿² ¼¿´¿³ µ»¹·¿¬¿² «¿¸¿ ²±®³¿´ ¼·µ«®¿²¹· »¬·³¿· ¾·¿§¿ °»²§»´»¿·¿² ¼¿² »¬·³¿· ¾·¿§¿ °»²¶«¿´¿²ò Þ·¿§¿ °»®±´»¸¿² ¼·¬»²¬«µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ³¿«µ °»®¬¿³¿ µ»´«¿® °»®¬¿³¿ô »¼¿²¹µ¿² ØÐÐÐ øÛ²¬·¬¿ ß²¿µ÷ ³»²¹¹«²¿µ¿² ³»¬±¼» ®¿¬¿ó®¿¬¿ ¬»®¬·³¾¿²¹ò
Net realizable value is the estimated selling price in the ordinary course of business, less the estimated costs of completion and the estimated costs to sell. Except for HPPP, cost is determined using the first-in first-out method, HPPP (subsidiary) is using the weighted average method.
j. Investasi pada perusahaan asosiasi
j. Investments in associate
л®«¿¸¿¿² ¿±·¿· ¿¼¿´¿¸ »²¬·¬¿ ¼·³¿²¿ Õ»´±³°±µ Ë¿¸¿ ³»³°«²§¿· °»²¹¿®«¸ ·¹²·º·µ¿²ô ²¿³«² ¬·¼¿µ ¿³°¿· ³»²¹»²¼¿´·µ¿² »²¬·¬¿ ¬»®»¾«¬ò Ü¿´¿³ ¸¿´ ·²·ò л®«¿¸¿¿² «³«³²§¿ ³»³·´·µ· ¿²¬¿®¿ îðû ¿³°¿· ëðû ¸¿µ «¿®¿ò ײª»¬¿· °¿¼¿ °»®«¿¸¿¿² ¿±·¿· ¼·½¿¬¿¬ ¼»²¹¿² ³»¬±¼» »µ«·¬¿ ¼¿² °¿¼¿ ¿©¿´²§¿ ¼·½¿¬¿¬ »¾»¿® ¸¿®¹¿ °»®±´»¸¿²ò
Associate is an entity over which the Group has significant influence but not control, generally accompanying a shareholding between 20% to 50% of the voting rights. Investments in associates are accounted for by the equity method of accounting and are initially recognized at cost.
Í»«¿· ¼»²¹¿² ³»¬±¼» »µ«·¬¿ô ²·´¿· °»®±´»¸¿² ·²ª»¬¿· ¼·¬¿³¾¿¸ ¿¬¿« ¼·µ«®¿²¹ ¼»²¹¿² ¾¿¹·¿² Õ»´±³°±µ Ë¿¸¿ ¿¬¿ ´¿¾¿ ¿¬¿« ®«¹· ²»¬± ·²ª»¬»»ô ¼¿² °»²»®·³¿¿² ¼·ª·¼»² ¼¿®· ·²ª»¬»» »¶¿µ ¬¿²¹¹¿´ °»®±´»¸¿²ò
Under the equity method, the cost of investment is increased or decreased by the Group’s share in net earnings or losses of, and dividends received from the investee from the date of acquisition.
Ô¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ³»²½»®³·²µ¿² ¾¿¹·¿² ¿¬¿ ¸¿·´ ±°»®¿· »²¬·¬¿ ¿±·¿·ò Þ·´¿ ¬»®¼¿°¿¬ °»®«¾¿¸¿² §¿²¹ ¼·¿µ«· ´¿²¹«²¹ °¿¼¿ »µ«·¬¿ »²¬·¬¿ ¿±·¿·ô Õ»´±³°±µ Ë¿¸¿ ³»²¹¿µ«· ¾¿¹·¿²²§¿ ¿¬¿ °»®«¾¿¸¿² ¬»®»¾«¬ ¼¿² ³»²¹«²¹µ¿°µ¿² ¸¿´ ·²·ô ¶·µ¿ ¾»®´¿µ«ô ¼¿´¿³ ´¿°±®¿² °»®«¾¿¸¿² »µ«·¬¿ò Õ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² §¿²¹ ¾»´«³ ¼·®»¿´·¿· »¾¿¹¿· ¸¿·´ ¬®¿²¿µ·ó¬®¿²¿µ· ¿²¬¿®¿ Õ»´±³°±µ Ë¿¸¿ ¼»²¹¿² »²¬·¬¿ ¿±·¿· ¼·»´·³·²¿· °¿¼¿ ¶«³´¿¸ »«¿· ¼»²¹¿² µ»°»²¬·²¹¿² Õ»´±³°±µ Ë¿¸¿ ¼¿´¿³ »²¬·¬¿ ¿±·¿·ò
The consolidated statements of comprehensive income reflects the share of the results of operations of the associate. Where there has been a change recognized directly in the equity of the associate, the Group recognizes its share of any such changes and discloses this, when applicable, in the consolidated statement of changes in equity. Unrealized gains and losses resulting from transactions between the Group and the associate are eliminated to the extent of the Group’s interest in the associate.
íð
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
j. Investasi pada perusahaan asosiasi øÔ¿²¶«¬¿²÷
j. Investments in associate (Countinued)
Í»¬»´¿¸ ³»²»®¿°µ¿² ³»¬±¼» »µ«·¬¿ô Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² ¿°¿µ¿¸ ¼·°»®´«µ¿² «²¬«µ ³»²¹¿µ«· ¬¿³¾¿¸¿² ®«¹· °»²«®«²¿² ²·´¿· ¿¬¿ ·²ª»¬¿· Õ»´±³°±µ Ë¿¸¿ ¼¿´¿³ »²¬·¬¿ ¿±·¿·ò Õ»´±³°±µ Ë¿¸¿ ³»²»²¬«µ¿² °¿¼¿ »¬·¿° ¬¿²¹¹¿´ °»´¿°±®¿² ¿°¿µ¿¸ ¬»®¼¿°¿¬ ¾«µ¬· §¿²¹ ±¾§»µ¬·º §¿²¹ ³»²¹·²¼·µ¿·µ¿² ¾¿¸©¿ ·²ª»¬¿· ¼¿´¿³ »²¬·¬¿ ¿±·¿· ³»²¹¿´¿³· °»²«®«²¿² ²·´¿·ò Ü¿´¿³ ¸¿´ ·²·ô Õ»´±³°±µ Ë¿¸¿ ³»²¹¸·¬«²¹ ¶«³´¿¸ °»²«®«²¿² ²·´¿· ¾»®¼¿¿®µ¿² »´··¸ ¿²¬¿®¿ ¶«³´¿¸ ¬»®°«´·¸µ¿² ¿¬¿ ·²ª»¬¿· ¼¿´¿³ »²¬·¬¿ ¿±·¿· ¼¿² ²·´¿· ¬»®½¿¬¿¬²§¿ ¼¿² ³»²¹¿µ«·²§¿ ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
After application of the equity method, the Group determines whether it is necessary to recognize an additional impairment loss on the Group’s investment in its associate. The Group determines at each reporting date whether there is any objective evidence that the investment in the associate is impaired. If this is the case, the Group calculates the amount of impairment as the difference between the recoverable amount of the investment in associate and its carrying value, and recognizes the amount in the consolidated statements of comprehensive income.
Õ»´±³°±µ Ë¿¸¿ ³»³°«²§¿· °»²§»®¬¿¿² ¿¸¿³ °¿¼¿ ÐÌ Í¿³±´·² Í«®§¿ øÍÍ÷ »¶«³´¿¸ ìèû ¼»²¹¿² ¸¿®¹¿ °»®±´»¸¿² »¾»¿® ΰ íêðòðððô §¿²¹ ¬»´¿¸ ¾»®¿´¼± ΰ Ò·¸·´ µ¿®»²¿ ·²ª»¬¿·²§¿ ¬»´¿¸ ³»²¹¿´¿³· ¿µ«³«´¿· µ»®«¹·¿² ¼· ¿¬¿ ¾·¿§¿ °»®±´»¸¿²²§¿ò
The Group has 48% ownership in PT Samolin Surya (SS) with an acquisition cost of Rp 360,000, which has a carrying amount of Rp Nil as the accumulated losses of SS has exceeded its acquisition cost.
k. Beban dibayar di muka
k. Prepaid expenses
Þ»¾¿² ¼·¾¿§¿® ¼· ³«µ¿ ¼·¿³±®¬·¿· »´¿³¿ ³¿²º¿¿¬ ³¿·²¹ó³¿·²¹ ¾·¿§¿ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¹¿®· ´«®«ò l. Aset tetap
Prepaid expenses are amortized over their term using the straight-line method. l. Property, plant and equipment
Í»´«®«¸ ¿»¬ ¬»¬¿° ¿©¿´²§¿ ¼·¿µ«· »¾»¿® ¾·¿§¿ °»®±´»¸¿²ò Þ·¿§¿ °»®±´»¸¿² ¬»®¼·®· ¼¿®· ¸¿®¹¿ ¾»´· ¼¿² ¾·¿§¿ó¾·¿§¿ ¬¿³¾¿¸¿² ¬»®³¿«µ ¾·¿§¿ °»²¹¹¿²¬·¿² ¾¿¹·¿² ¿»¬ ¬»¬¿° °¿¼¿ ¿¿¬ ¾·¿§¿ ¬»®»¾«¬ ¬»®¶¿¼·ô ¶·µ¿ ³»³»²«¸· µ®·¬»®·¿ °»²¹¿µ«¿²ò
íï
All property plant and equipment are initially recognized at cost. Such cost comprises of purchase price and any cost that includes the cost of replacing part of property, plant and equipment when that cost that is incurred, if the recognition criteria are met.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
l. Aset tetap øÔ¿²¶«¬¿²÷
l. Property, plant and equipment (Continued)
Í»¬»´¿¸ °»²¹¿µ«¿² ¿©¿´ ¿»¬ ¬»¬¿° ¼·²§¿¬¿µ¿² »¾»¿® ¾·¿§¿ °»®±´»¸¿² ¼·µ«®¿²¹· ¿µ«³«´¿· °»²§««¬¿² ¼¿² ®«¹· °»²«®«²¿² ²·´¿·ò Þ·¿§¿ °»®±´»¸¿² ¬»®³¿«µ ¾·¿§¿ °»²¹¹¿²¬·¿² ¾¿¹·¿² ¿»¬ ¬»¬¿° ¶·µ¿ ³»³»²«¸· µ®·¬»®·¿ °»²¹¿µ«¿²ò Í»´¿²¶«¬²§¿ô °¿¼¿ ¿¿¬ ·²°»µ· §¿²¹ ·¹²·º·µ¿² ¼·´¿µ«µ¿²ô ¾·¿§¿ ·²°»µ· ·¬« ¼·¿µ«· µ» ¼¿´¿³ ¶«³´¿¸ ¬»®½¿¬¿¬ ¿»¬ ¬»¬¿° »¾¿¹¿· «¿¬« °»²¹¹¿²¬·¿² ¶·µ¿ ³»³»²«¸· µ®·¬»®·¿ °»²¹¿µ«¿²ò Í»³«¿ ¾·¿§¿ °»³»´·¸¿®¿¿² ¼¿² °»®¾¿·µ¿² §¿²¹ ¬·¼¿µ ³»³»²«¸· µ®·¬»®·¿ °»²¹¿µ«¿² ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² °¿¼¿ ¿¿¬ ¬»®¶¿¼·²§¿ò
Subsequent to initial recognition, property, plant and equipment are stated at cost less accumulated depreciation and impairment losses. Such cost includes the cost of replacing part of property, plant and equipment if the recognition criteria are met. Likewise, when a major inspection is performed, its cost is recognized in the carrying amount of property, plant and equipment as a replacement if the recognition criteria are satisfied. All other repairs and maintenance costs that do not meet the recognition criteria are recognized in consolidated statements of comprehensive income as incurred.
Þ·¿§¿ °»²¹«®«¿² ´»¹¿´ ¸¿µ ¿¬¿ ¬¿²¿¸ µ»¬·µ¿ ¬¿²¿¸ ¼·°»®±´»¸ °»®¬¿³¿ µ¿´·ô ¼·¿µ«· »¾¿¹¿· ¾¿¹·¿² ¼¿®· ¾·¿§¿ °»®±´»¸¿² ¬¿²¿¸ °¿¼¿ ¿µ«² ß»¬ Ì»¬¿°Œ ¼¿² ¬·¼¿µ ¼·¿³±®¬·¿·ò Í»³»²¬¿®¿ ¾·¿§¿ °»®°¿²¶¿²¹¿² ¿¬¿« ¾·¿§¿ °»³¾¿®«¿² ¸¿µ ¿¬¿ ¬¿²¿¸ô ¼·¿µ«· »¾¿¹¿· ¾¿¹·¿² ¼¿®· Þ»¾¿² Ü·¬¿²¹¹«¸µ¿² Ò»¬±Œ °¿¼¿ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿² ¼¿² ¼·¿³±®¬·¿· »´¿³¿ °»®·±¼» ³¿²¿ §¿²¹ ´»¾·¸ °»²¼»µ ¿²¬¿®¿ «³«® ¸«µ«³ ¸¿µ ¼¿² °¿¼¿ «³«® »µ±²±³· ¬¿²¿¸ò
The legal cost of land rights when the land was acquired initially are recognized as part of the cost of the land under the “property, plant and equipment” account and not amortized. Meanwhile, the extension or the legal renewal costs of land rights, were recognized as part of “Deferred Charges, net” account in the consolidated statements of financial position and are amortized over the shorter of the legal life of the rights and the land’s economic life.
Perusahaan
The Company
Í»¾»´«³ ¬¿²¹¹¿´ ï Ö¿²«¿®· îðïíô ¿»¬ ¬»¬¿° µ»½«¿´· ¬¿²¿¸ ¼¿² ¾¿²¹«²¿²ô ¼·¹±´±²¹µ¿² ¼¿² ¼·««¬µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¿´¼± ³»²«®«²ô »¼¿²¹µ¿² »¶¿µ ¬¿²¹¹¿´ ï Ö¿²«¿®· îðïí л®«¿¸¿¿² ¬»´¿¸ ³»²¹¹¿²¬· ³»¬±¼» °»²§««¬¿² ¿»¬ ¬»¬¿° ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¹¿®· ´«®« ¾»®¼¿¿®µ¿² ¸¿·´ ¿²¿´·· ¼¿² µ»¿¼¿¿² ¿»¬ ¬»¬¿° §¿²¹ ¼·´¿µ«µ¿² ±´»¸ ³¿²¿¶»³»² л®«¿¸¿¿²ò
Prior January 1, 2013, Property, plant and equipment, except land and building, were classified and depreciated using the double declining balance method. However, effective January 1, 2013 the Company changed the depreciation method of its property, plant and equipment to be straight-line method based on the analysis and the condition of property, plant and equipment performed by the Company’s management.
íî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
l. Aset tetap øÔ¿²¶«¬¿²÷
l. Property, plant and equipment (Continued)
Ì¿µ·®¿² ³¿¿ ³¿²º¿¿¬ »µ±²±³· ¿»¬ ¬»¬¿° ¬¿¸«² îðïí ¼¿² îðïî ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
The estimated useful lives of the property, plant and equipment in 2013 and 2012 are as follows:
Perusahaan øÔ¿²¶«¬¿²÷
The Company (Continued) Ì¿¸«² ñ Years
Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±® Õ»²¼¿®¿¿²
îð ì Š ïê ìŠè ìŠè
Buildings and improvements Machinery and equipment Furniture, fixtures and office equipment Transportation equipment
Entitas Anak
The Subsidiaries
ß»¬ ¬»¬¿°ô µ»½«¿´· ¬¿²¿¸ øµ»½«¿´· ØÐÐÐ÷ô ¼·««¬µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¹¿®· ´«®« ¾»®¼¿¿®µ¿² ¬¿µ·®¿² ³¿¿ ³¿²º¿¿¬ »µ±²±³· ¿»¬ ¬»¬¿° »¾¿¹¿· ¾»®·µ«¬æ
Property, plant and equipment, except land, are depreciated using the straight-line method based on the estimated useful lives of the assets as follows:
Ì¿¸«² ñ Years Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±® Õ»²¼¿®¿¿²
îð î Š ïð íŠë îŠë
Buildings and improvements Machinery and equipment Furniture, fixtures and office equipment Transportation equipment
Û²¬·¬¿ ß²¿µ øØÐÐÐ÷ô ¬¿²¿¸ ¼·««¬µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¹¿®· ´«®« »´¿³¿ ë𠬿¸«²ò
Subsidiary (HPPP), land is depreciated by straight-line method over 50 years.
Ö«³´¿¸ ¬»®½¿¬¿¬ ¿»¬ ¬»¬¿° ¼·¸»²¬·µ¿² °»²¹¿µ«¿²²§¿ °¿¼¿ ¿¿¬ ¼·´»°¿µ¿² ¿¬¿« ¿¿¬ ¬·¼¿µ ¿¼¿ ³¿²º¿¿¬ »µ±²±³· ³¿¿ ¼»°¿² §¿²¹ ¼·¸¿®¿°µ¿² ¼¿®· °»²¹¹«²¿¿² ¿¬¿« °»´»°¿¿²²§¿ò Ô¿¾¿ ¿¬¿« ®«¹· µ±²±´·¼¿·¿² §¿²¹ ¬·³¾«´ ¼¿®· °»²¹¸»²¬·¿² °»²¹¿µ«¿² ¿»¬ ø¼·¸·¬«²¹ »¾¿¹¿· °»®¾»¼¿¿² ¿²¬¿®¿ ¶«³´¿¸ ²»¬± ¸¿·´ °»´»°¿¿² ¼¿² ¶«³´¿¸ ¬»®½¿¬¿¬ ¼¿®· ¿»¬÷ ¼·³¿«µµ¿² ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² °¿¼¿ ¬¿¸«² ¿»¬ ¬»®»¾«¬ ¼·¸»²¬·µ¿² °»²¹¿µ«¿²²§¿ò
An item of property, plant and equipment is derecognized upon disposal or when no future economic benefits are expected from its use. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in consolidated statements of comprehensive income in the year the asset is derecognized.
п¼¿ »¬·¿° ¿µ¸·® ¬¿¸«² ¾«µ«ô ²·´¿· ®»·¼«ô «³«® ³¿²º¿¿¬ ¼¿² ³»¬±¼» °»²§««¬¿² ¼·óreviewô ¼¿² ¶·µ¿ »«¿· ¼»²¹¿² µ»¿¼¿¿²ô ¼·»«¿·µ¿² »½¿®¿ °®±°»µ¬·ºò
The asset’s residual values, useful lives and methods of depreciation are reviewed, and adjusted prospectively if appropriate, at each reporting date.
íí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
l. Aset tetap øÔ¿²¶«¬¿²÷
l. Property, plant and equipment (Continued)
Entitas Anak øÔ¿²¶«¬¿²÷
The Subsidiaries (Continued)
ß»¬ ¼¿´¿³ °»²§»´»¿·¿² ¼·²§¿¬¿µ¿² »¾»¿® ¾·¿§¿ °»®±´»¸¿²ò Þ·¿§¿ °»®±´»¸¿² ¬»®»¾«¬ ¬»®³¿«µ ¾·¿§¿ °·²¶¿³¿² §¿²¹ ¬»®¶¿¼· »´¿³¿ ³¿¿ °»³¾¿²¹«²¿² §¿²¹ ¬·³¾«´ ¼¿®· «¬¿²¹ §¿²¹ ¼·¹«²¿µ¿² «²¬«µ °»³¾¿²¹«²¿² ¿»¬ ¬»®»¾«¬ò ßµ«³«´¿· ¾·¿§¿ °»®±´»¸¿² ¿µ¿² ¼·°·²¼¿¸µ¿² µ» ³¿·²¹ó³¿·²¹ ¿»¬ ¬»¬¿° §¿²¹ ¾»®¿²¹µ«¬¿² °¿¼¿ ¿¿¬ »´»¿· ¼¿² ·¿° ¼·¹«²¿µ¿²ò
Construction in progress is stated at cost which includes borrowing costs during construction on debts incurred to finance the construction. Construction in progress is transferred to the respective property, plant and equipment account when completed and ready for use.
m. Sewa
m. Lease
Õ»´±³°±µ Ë¿¸¿ ³»²¹µ´¿·º·µ¿·µ¿² »©¿ ¾»®¼¿¿®µ¿² »¶¿«¸ ³¿²¿ ®··µ± ¼¿² ³¿²º¿¿¬ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² µ»°»³·´·µ¿² ¿»¬ »©¿¿² ¾»®¿¼¿ °¿¼¿ ´»±® ¿¬¿« ´»¿»ô ¼¿² °¿¼¿ «¾¬¿²· ¬®¿²¿µ· ¼¿®· °¿¼¿ ¾»²¬«µ µ±²¬®¿µ²§¿ò
The Group classifies leases based on the extent to which risks and rewards incidental to the ownership of a leased asset are rested upon the lessor or the lease, and the transaction rather than the form of the contract.
Sewa pembiayaan – sebagai Leasee
Finance lease – as Leasee
Í«¿¬« »©¿ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· »©¿ °»³¾·¿§¿¿² ¶·µ¿ »©¿ ¬»®»¾«¬ ³»²¹¿´·¸µ¿² »½¿®¿ «¾¬¿²· »´«®«¸ ®»·µ± ¼¿² ³¿²º¿¿¬ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² µ»°»³·´·µ¿² ¿»¬ »©¿¿²ò Í»©¿ ¬»®»¾«¬ ¼·µ¿°·¬¿´·¿· »¾»¿® ²·´¿· ©¿¶¿® ¿»¬ »©¿¿² ¿¬¿« »¾»¿® ²·´¿· µ·²· ¼¿®· °»³¾¿§¿®¿² »©¿ ³·²·³«³ô ¶·µ¿ ²·´¿· µ·²· ´»¾·¸ ®»²¼¿¸ ¼¿®· ²·´¿· ©¿¶¿®ò л³¾¿§¿®¿² »©¿ ³·²·³«³ ¸¿®« ¼·°·¿¸µ¿² ¿²¬¿®¿ ¾¿¹·¿² §¿²¹ ³»®«°¿µ¿² ¾»¾¿² µ»«¿²¹¿² ¼¿² ¾¿¹·¿² §¿²¹ ³»®«°¿µ¿² °»´«²¿¿² ´·¿¾·´·¬¿ô »¼»³·µ·¿² ®«°¿ »¸·²¹¹¿ ³»²¹¸¿·´µ¿² «¿¬« ¬·²¹µ¿¬ «µ« ¾«²¹¿ °»®·±¼·µ §¿²¹ µ±²¬¿² ¿¬¿ ¿´¼± ´·¿¾·´·¬¿ò Þ»¾¿² µ»«¿²¹¿² ¼·¾»¾¿²µ¿² ´¿²¹«²¹ µ» ±°»®¿· ¬¿¸«²ñ°»®·±¼» ¾»®¶¿´¿²ò
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership of the leased assets. Such leases are capitalized at the inception of the lease at their fair value of the leased property or, if lower, at the present value minimum lease payments. Lease payments are apportioned between the finance charges and reduction of the lease liability so as to achieve a constant rate of interest on the remaining balance of liability. Finance charges are charged directly to the profit or loss.
Ö·µ¿ ¬»®¼¿°¿¬ µ»°¿¬·¿² §¿²¹ ³»³¿¼¿· ¾¿¸©¿ ´»»» ¿µ¿² ³»²¼¿°¿¬µ¿² ¸¿µ µ»°»³·´·µ¿² °¿¼¿ ¿µ¸·® ³¿¿ »©¿ô ¿»¬ »©¿¿² ¼·««¬µ¿² »´¿³¿ »¬·³¿· ³¿¿ ³¿²º¿¿¬ ¿»¬ ¬»®»¾«¬ò Ö·µ¿ ¬·¼¿µ ¬»®¼¿°¿¬ µ»°¿¬·¿² ¬»®»¾«¬ô ³¿µ¿ ¿»¬ »©¿¿² ¼·««¬µ¿² »´¿³¿ °»®·±¼» §¿²¹ ´»¾·¸ °»²¼»µ ¿²¬¿®¿ «³«® ³¿²º¿¿¬ ¿»¬ »©¿¿² ¿¬¿« ³¿¿ »©¿ò
If the reasonable certainty available that lessee will obtain the ownership at the end of the lease period, the lease assets are depreciated over the estimate useful life of the assets. Capitalized leased assets are depreciated over the shorter of the estimated useful life of the asset or the lease term, if there is no reasonable certainty that the Group will obtain ownership by the end of the lease term.
íì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) m. Lease (Continued)
m. SewaøÔ¿²¶«¬¿²÷ Sewa operasi – sebagai Leasee
Operating lease – as Leasee
Í«¿¬« »©¿ ¼·µ´¿·º·µ¿·µ¿² »¾¿¹¿· »©¿ ±°»®¿· ¶·µ¿ »©¿ ¬·¼¿µ ³»²¹¿´·¸µ¿² »½¿®¿ «¾¬¿²· »´«®«¸ ®»·µ± ¼¿² ³¿²º¿¿¬ §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² µ»°»³·´·µ¿² ¿»¬ò Ü»²¹¿² ¼»³·µ·¿²ô °»³¾¿§¿®¿² »©¿ ¼·¿µ«· »¾¿¹¿· ¾»¾¿² ¼»²¹¿² ¼¿¿® ¹¿®· ´«®« øStraight-line basis÷ »´¿³¿ ³¿¿ »©¿ò
A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership of the leased asset. Accordingly, the related lease payments are recognized in profit or loss on a straight-line basis over the lease term.
Transaksi jual dan sewa kembali – sebagai Leasee
Sale and leaseback transaction – as Leasee
Ì®¿²¿µ· ¶«¿´ ¼¿² »©¿óµ»³¾¿´· ¸¿®« ¼·°»®´¿µ«µ¿² »¾¿¹¿· î ø¼«¿÷ ¬®¿²¿µ· §¿²¹ ¬»®°·¿¸ò Í»´··¸ ´»¾·¸ ¿²¬¿®¿ ¸¿®¹¿ ¶«¿´ ¼¿² ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¸¿®« ¼·¿µ«· »¾¿¹¿· µ»«²¬«²¹¿² ¬¿²¹¹«¸¿² §¿²¹ ¸¿®« ¼·¿³±®¬·¿· ¼»²¹¿² ¼¿¿® ¹¿®· ´«®« »´¿³¿ ³¿¿ »©¿ô ¼¿² ¼¿´¿³ ¸¿´ ¬»®¶¿¼· µ»®«¹·¿²ô ¾·´¿ ¬·¼¿µ ¬»®¼¿°¿¬ ·²¼·µ¿· °»²«®«²¿² ²·´¿· ¿¬¿ ¿»¬ ¬»®»¾«¬ô ¼·¿µ«· »¾¿¹¿· ¾»¾¿² ¬¿²¹¹«¸¿² ¼¿² ¼·¿³±®¬·¿· »´¿³¿ ³¿¿ »©¿ µ»³¾¿´·ô ¿°¿¾·´¿ °»²§»©¿¿² µ»³¾¿´· ¬»®»¾«¬ ³»®«°¿µ¿² »©¿ ¹«²¿ «¿¸¿ °»³¾·¿§¿¿²ò Õ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² ¸¿®« ¼·¿µ«· »¹»®¿ ¿°¿¾·´¿ °»²§»©¿¿² µ»³¾¿´· ¬»®»¾«¬ ³»®«°¿µ¿² »©¿ó³»²§»©¿ ¾·¿¿ò
Sale and leaseback transaction should be treated as two (2) separate transactions. The excess of sales proceeds over the carrying amount of the assets sold should be recognized as deferred gain or in case of loss incurred, if there is no indication of impairment, the loss is recognized as deferred charges, which should be amortized on a straightline basis over the lease term if the leaseback is finance lease. Gain or loss should be recognized in the current period if the leaseback is an operating lease.
n. Pengakuan pendapatan dan beban
n. Revenue and expense recognition
л²¼¿°¿¬¿² ¼·¿µ«· ¾·´¿ ¾»¿® µ»³«²¹µ·²¿² ³¿²º¿¿¬ »µ±²±³· ¿µ¿² ¼·°»®±´»¸ ±´»¸ Õ»´±³°±µ Ë¿¸¿ ¼¿² ¶«³´¿¸²§¿ ¼¿°¿¬ ¼·«µ«® »½¿®¿ ¸¿²¼¿´ ¬¿²°¿ ³»³°»®¸·¬«²¹µ¿² µ¿°¿² °»³¾¿§¿®¿² ¼·´¿µ«µ¿²ò л²¼¿°¿¬¿² ¼·«µ«® °¿¼¿ ²·´¿· ©¿¶¿® °»³¾¿§¿®¿² §¿²¹ ¼·¬»®·³¿ ¿¬¿« ¼¿°¿¬ ¼·¬»®·³¿ô ¬·¼¿µ ¬»®³¿«µ ¼·µ±²ô ®¿¾¿¬ ¼¿² п¶¿µ 뮬¿³¾¿¸¿² Ò·´¿· øÐÐÒŒ÷ò Õ»´±³°±µ Ë¿¸¿ ³»²¹»ª¿´«¿· °»®¶¿²¶·¿² °»²¼¿°¿¬¿²²§¿ ¬»®¸¿¼¿° µ®·¬»®·¿ °»·º·µ «²¬«µ ³»²»²¬«µ¿² ¿°¿µ¿¸ Õ»´±³°±µ Ë¿¸¿ ¾»®¬·²¼¿µ »¾¿¹¿· °®·²·°¿´ ¿¬¿« ¿¹»²ò Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ³»²§·³°«´µ¿² ¾¿¸©¿ Õ»´±³°±µ Ë¿¸¿ ¾»®¬·²¼¿µ »¾¿¹¿· °®·²·°¿´ °¿¼¿ »³«¿ °»®¶¿²¶·¿² °»²¼¿°¿¬¿²²§¿ò
íë
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured, regardless of when the payment is being made. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and Value Added Taxes (“VAT”). The Group assesses its revenue arrangements against specific criteria to determine if it is acting as principal or agent. The Group has concluded that is is acting as principal in all of its revenue arrangment.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
n. Pengakuan pendapatan dan beban øÔ¿²¶«¬¿²÷
n. Revenue and expense recognition (Continued)
Õ®·¬»®·¿ °»·º·µ ¾»®·µ«¬ ¶«¹¿ ¸¿®« ¼·°»²«¸· »¾»´«³ °»²¼¿°¿¬¿² ¼·¿µ«·æ
The following specific recognition criteria must also be met before revenue is recognized:
л²¶«¿´¿² ¾¿®¿²¹ л²¼¿°¿¬¿² ¼¿®· °»²¶«¿´¿² §¿²¹ ¬·³¾«´ ¼¿®· °»²¹·®·³¿² º··µ °®±¼«µó°®±¼«µ Õ»´±³°±µ Ë¿¸¿ ¼·¿µ«· ¾·´¿ ®··µ± ¼¿² ³¿²º¿¿¬ §¿²¹ ·¹²·º·µ¿² ¬»´¿¸ ¼·°·²¼¿¸µ¿² µ»°¿¼¿ °»³¾»´·ô §¿²¹ °¿¼¿ «³«³²§¿ ¾»®¿³¿¿² ©¿µ¬«²§¿ ¼»²¹¿² °»²¹·®·³¿² ¼¿² °»²»®·³¿¿²²§¿ò
Sale of goods Revenue from sales arising from physical delivery of the Group’s products is recognized when the significant risks and rewards of ownership of the goods have passed to the buyer, which generally coincide with their delivery and acceptance.
л²¼¿°¿¬¿² ¾«²¹¿ ˲¬«µ »³«¿ ·²¬®«³»² µ»«¿²¹¿² §¿²¹ ¼·«µ«® ¾»®¼¿¿®µ¿² ¾·¿§¿ °»®±´»¸¿² ¼·¿³±®¬·¿·ô °»²¼¿°¿¬¿² ¿¬¿« ¾·¿§¿ ¾«²¹¿ ¼·½¿¬¿¬ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ÍÞÛô §¿·¬« «µ« ¾«²¹¿ §¿²¹ »½¿®¿ ¬»°¿¬ ³»²¼·µ±²¬±µ¿² »¬·³¿· °»³¾¿§¿®¿² ¿¬¿« °»²»®·³¿¿² µ¿ ¼· ³¿¿ ¼¿¬¿²¹ »´¿³¿ °»®µ·®¿¿² «³«® ¼¿®· ·²¬®«³»² µ»«¿²¹¿²ô »¾¿¹¿·³¿²¿ ³»¬·²§¿ô ¼·¹«²¿µ¿² °»®·±¼» §¿²¹ ´»¾·¸ ·²¹µ¿¬ô ¿³°¿· ³»²½¿°¿· ²·´¿· ¬»®½¿¬¿¬ ²»¬± ¼¿®· ¿»¬ µ»«¿²¹¿² ¿¬¿« ´·¿¾·´·¬¿ µ»«¿²¹¿²ò
Interest income For all financial instruments measured at amortized cost, interest income or expense is recorded using the EIR method, which is the rate that exactly discounts the estimated future cash payments or receipts through the expected life of the financial instrument or a shorter period, where appropriate, to the net carrying amount of the financial asset or liability.
Þ»¾¿² ¼·¿µ«· °¿¼¿ ¿¿¬ ¬»®¶¿¼·²§¿ ø¿¿ ¿µ®«¿´÷ò
Expenses are recognized when they are incurred (accrual basis).
o. Provisi
o. Provision
Ю±ª·· ¼·¿µ«· ¶·µ¿ Õ»´±³°±µ Ë¿¸¿ ³»³·´·µ· µ»©¿¶·¾¿² µ·²· ø¾¿·µ ¾»®·º¿¬ ¸«µ«³ ³¿«°«² ¾»®·º¿¬ µ±²¬®«µ¬·º÷ §¿²¹ ¼·¿µ·¾¿¬µ¿² ±´»¸ °»®·¬·©¿ ³¿¿ ´¿´«ô ¾»¿® µ»³«²¹µ·²¿²²§¿ °»²§»´»¿·¿² µ»©¿¶·¾¿² ¬»®»¾«¬ ³»²¹¿µ·¾¿¬µ¿² ¿®« µ»´«¿® «³¾»® ¼¿§¿ §¿²¹ ³»²¹¿²¼«²¹ ³¿²º¿¿¬ »µ±²±³· ¼¿² »¬·³¿· §¿²¹ ¿²¼¿´ ³»²¹»²¿· ¶«³´¿¸ µ»©¿¶·¾¿² ¬»®»¾«¬ ¼¿°¿¬ ¼·¾«¿¬ò
Provisions are recognized when the Group has a present obligation (legal or constructive) where, as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
Ю±ª·· ¼·µ¿¶· «´¿²¹ (review) °¿¼¿ »¬·¿° ¬¿²¹¹¿´ °»´¿°±®¿² ¼¿² ¼·»«¿·µ¿² «²¬«µ ³»²½»®³·²µ¿² »¬·³¿· ¬»®¾¿·µ §¿²¹ °¿´·²¹ µ·²·ò Ö·µ¿ ¿®« µ»´«¿® «³¾»® ¼¿§¿ «²¬«µ ³»²§»´»¿·µ¿² µ»©¿¶·¾¿² µ»³«²¹µ·²¿² ¾»¿® ¬·¼¿µ ¬»®¶¿¼·ô ³¿µ¿ °®±ª·· ¼·¾¿´·µò
Provisions are reviewed at each reporting date and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed.
Ю±ª·· «²¬«µ ¾·¿§¿ °»³¾±²¹µ¿®¿² ¿»¬ ¼·»¬·³¿· ¾»®¼¿¿®µ¿² ¾»¾»®¿°¿ ¿«³· ¼¿² ¼·¿¶·µ¿² ¾»®¼¿¿®µ¿² ²·´¿· ©¿¶¿® »«¿· ¼»²¹¿² ¬·²¹µ¿¬ ¼·µ±²¬± §¿²¹ ¾»®´¿µ«ò
Provision for asset dismantling costs is estimated based on certain assumptions and carried at fair value based on applicable discount rates.
íê
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
p. Penurunan nilai aset non-keuangan
p. Impairment of non-financial assets
п¼¿ »¬·¿° ¿µ¸·® °»®·±¼» °»´¿°±®¿²ô Õ»´±³°±µ Ë¿¸¿ ³»²·´¿· ¿°¿µ¿¸ ¬»®¼¿°¿¬ ·²¼·µ¿· «¿¬« ¿»¬ ³»²¹¿´¿³· °»²«®«²¿² ²·´¿·ò Ö·µ¿ ¬»®¼¿°¿¬ ·²¼·µ¿· ¬»®»¾«¬ ¿¬¿« °¿¼¿ ¿¿¬ °»²¹«¶·¿² ¬¿¸«²¿² ¿¬¿ °»²«®«²¿² ²·´¿· ¿»¬ ¬»®¬»²¬« ø§¿·¬« ¿»¬ ¬·¼¿µ ¾»®©«¶«¼ ¼»²¹¿² «³«® ³¿²º¿¿¬ ¬·¼¿µ ¬»®¾¿¬¿ô ¿»¬ ¬·¼¿µ ¾»®©«¶«¼ §¿²¹ ¾»´«³ ¼¿°¿¬ ¼·¹«²¿µ¿²ô ¿¬¿« goodwill §¿²¹ ¼·°»®±´»¸ ¼¿´¿³ «¿¬« µ±³¾·²¿· ¾·²·÷ ¼·°»®´«µ¿²ô ³¿µ¿ Õ»´±³°±µ Ë¿¸¿ ³»³¾«¿¬ »¬·³¿· ¿¬¿ ¶«³´¿¸ ¬»®°«´·¸µ¿² ¿»¬ ¬»®»¾«¬ò
The Group assesses at each annual reporting period whether there is an indication that an asset may be impaired. If any such indication exists, or when annual impairment testing for an asset (i.e. an intangible asset with an indefinite useful life, an intangible asset not yet available for use, or goodwill acquired in a business combination) is required, the Group makes an estimate of the asset’s recoverable amount.
Ö«³´¿¸ ¬»®°«´·¸µ¿² §¿²¹ ¼·¬»²¬«µ¿² «²¬«µ ¿»¬ ·²¼·ª·¼«¿´ ¿¼¿´¿¸ ¶«³´¿¸ §¿²¹ ´»¾·¸ ¬·²¹¹· ¿²¬¿®¿ ²·´¿· ©¿¶¿® ¿»¬ ¿¬¿« ˲·¬ л²¹¸¿·´ Õ¿ øËÐÕŒ÷ ¼·µ«®¿²¹· ¾·¿§¿ «²¬«µ ³»²¶«¿´ ¼»²¹¿² ²·´¿· °¿µ¿·²§¿ô µ»½«¿´· ¿»¬ ¬»®»¾«¬ ¬·¼¿µ ³»²¹¸¿·´µ¿² ¿®« µ¿ ³¿«µ §¿²¹ »¾¿¹·¿² ¾»¿® ·²¼»°»²¼»² ¼¿®· ¿»¬ ¿¬¿« µ»´±³°±µ ¿»¬ ´¿·²ò Ö·µ¿ ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ´»¾·¸ ¾»¿® ¼¿®·°¿¼¿ ²·´¿· ¬»®°«´·¸µ¿²²§¿ô ³¿µ¿ ¿»¬ ¬»®»¾«¬ ¼·¿²¹¹¿° ³»²¹¿´¿³· °»²«®«²¿² ²·´¿· ¼¿² ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¼·¬«®«²µ¿² ³»²¶¿¼· »¾»¿® ²·´¿· ¬»®°«´·¸µ¿²²§¿ò
An asset’s recoverable amount is the higher of an asset’s or Cash Generated Unit (“CGU”)’s fair value less costs to sell and its value in use, and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.
q. Aset tidak berwujud
q. Intangible assets
Þ·¿§¿ó¾·¿§¿ ¬»®¬»²¬«ô ¬»®«¬¿³¿ ¾·¿§¿ ¼¿² ¾»¾¿²ó ¾»¾¿² ´¿·² »¸«¾«²¹¿² ¼»²¹¿² ¾·¿§¿ °»®±´»¸¿² ·¬»³ °»®¿²¹µ¿¬ ´«²¿µô §¿²¹ ³»³°«²§¿· ³¿¿ ³¿²º¿¿¬ ´»¾·¸ ¼¿®· ¿¬« ¬¿¸«²ô ¼·¬¿²¹¹«¸µ¿² ¼¿² ¼·¿³±®¬·¿· »´¿³¿ ³¿¿ ³¿²º¿¿¬²§¿ ¼»²¹¿² ³»²¹¹«²¿µ¿² ³»¬±¼» ¹¿®· ´«®«ò Þ»¾¿²ó¾»¾¿² ·²· ¼·¿¶·µ¿² ¼¿´¿³ ¿µ«² ß»¬ Ì¿µ ¾»®©«¶«¼ô Ò»¬±Œ °¿¼¿ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿²ò r. Imbalan pasca kerja
Certain expenditures, consisting primarily of costs and expenses relating to systems software cost, which benefits extend over a period of more than one year, are deferred and amortized over the periods benefited using the straight-line method. These expenditures are presented in “Intangible Assets - Net” account in the consolidated statements of financial position. r. Post-employment benefits
л®«¿¸¿¿²ô ÔÐ× ¼¿² ÏÌÈ ³»³¾»®·µ¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ ·³¾¿´¿² °¿¬· «²¬«µ µ¿®§¿©¿² »«¿· ¼»²¹¿² ˲¼¿²¹Ë²¼¿²¹ Õ»¬»²¿¹¿µ»®¶¿¿² Ò±ò ïíñîððíò л²¼¿²¿¿² «²¬«µ ·³¾¿´¿² ·²· ¼·´¿µ«µ¿² ³»´¿´«· »¾«¿¸ °»®«¿¸¿¿² ¿«®¿²·ò
íé
The Company, LPI and QTX provide a defined post-employment benefit to its employees in accordance with Manpower Law No. 13/2003. Funding of this benefit has been made through an insurance company.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
r. Imbalan pasca kerja øݱ²¬·²»¼÷
r. Post-employment benefits (Continued)
л®¸·¬«²¹¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ ³»²¹¹«²¿µ¿² ³»¬±¼» Projected Unit Creditò ßµ«³«´¿· µ»«²¬«²¹¿² ¼¿² µ»®«¹·¿² ¿µ¬«¿®·¿´ ²»¬± §¿²¹ ¾»´«³ ¼·¿µ«· §¿²¹ ³»´»¾·¸· ¶«³´¿¸ §¿²¹ ´»¾·¸ ¾»¿® ¼¿®· ïðû ¿¬¿ ²·´¿· µ·²· ´·¿¾·´·¬¿ ·³¾¿´¿² °¿¬· ¼¿² ²·´¿· ©¿¶¿® ¿»¬ °®±¹®¿³ ¼·¿µ«· ¼»²¹¿² ³»¬±¼» ¹¿®· ´«®« »´¿³¿ ®¿¬¿ó®¿¬¿ ·¿ ³¿¿ µ»®¶¿ §¿²¹ ¼·°®¿µ·®¿µ¿² ¼¿®· °¿®¿ °»µ»®¶¿ ¼¿´¿³ °®±¹®¿³ ¬»®»¾«¬ò Þ·¿§¿ ¶¿¿ ´¿´« ¼·¾»¾¿²µ¿² ´¿²¹«²¹ ¿°¿¾·´¿ ·³¾¿´¿² ¬»®»¾«¬ ³»²¶¿¼· ¸¿µ ¿¬¿« vestedô ¼¿² »¾¿´·µ²§¿ ¿µ¿² ¼·¿µ«· »¾¿¹¿· ¾»¾¿² ¼»²¹¿² ³»¬±¼» ¹¿®· ´«®« »´¿³¿ °»®·±¼» ®¿¬¿ó®¿¬¿ ¿³°¿· ·³¾¿´¿² ¬»®»¾«¬ ³»²¶¿¼· ¸¿µò
The cost of providing post-employment benefits is determined using the Projected Unit Credit Method. The accumulated unrecognized actuarial gains and losses that exceed 10% of the greater of the present value of the defined benefit obligations and the fair value of plan assets are recognized on straight-line basis over the expected average remaining working lives of the participating employees. Past service cost is recognized immediately to the extent that the benefits are already vested, otherwise it is amortized on a straight-line basis over the average period until the benefits become vested.
Ö«³´¿¸ §¿²¹ ¼·¿µ«· »¾¿¹¿· ´·¿¾·´·¬¿ ·³¾¿´¿² °¿¬· ¼· ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿² ³»®«°¿µ¿² ²·´¿· µ·²· ´·¿¾·´·¬¿ ·³¾¿´¿² °¿¬· ¼·»«¿·µ¿² ¼»²¹¿² µ»«²¬«²¹¿² ¼¿² µ»®«¹·¿² ¿½¬«¿®·¿´ §¿²¹ ¾»´«³ ¼·¿µ«·ô ¾·¿§¿ ¶¿¿ ´¿´« §¿²¹ ¾»´«³ ¼·¿µ«· ¼¿² ²·´¿· ©¿¶¿® ¿»¬ °®±¹®¿³ò
The benefit obligation recognized in the consolidated statement of financial position represent the present value of the defined benefit obligation, as adjusted for unrecognized actuarial gains and losses and unrecognized past service cost, and as reduced by the fair value of plan assets.
s. Pajak penghasilan
s. Income tax
Þ»¾¿² °¿¶¿µ µ·²· ¼·¬»²¬«µ¿² ¾»®¼¿¿®µ¿² ´¿¾¿ µ»²¿ °¿¶¿µ ¼¿´¿³ ¬¿¸«² §¿²¹ ¾»®¿²¹µ«¬¿² §¿²¹ ¼·¸·¬«²¹ ¾»®¼¿¿®µ¿² ¬¿®·º °¿¶¿µ §¿²¹ ¾»®´¿µ«ò
Current tax expense is determined based on the taxable income for the year computed using the prevailing tax rates.
ß»¬ ¼¿² ´·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² ¼·¿µ«· ¿¬¿ µ±²»µ«»²· °¿¶¿µ ¬¿¸«² ³»²¼¿¬¿²¹ §¿²¹ ¬·³¾«´ ¼¿®· °»®¾»¼¿¿² ¶«³´¿¸ ¬»®½¿¬¿¬ ¿»¬ ¼¿² ´·¿¾·´·¬¿ ³»²«®«¬ ´¿°±®¿² µ»«¿²¹¿² ¼»²¹¿² ¼¿¿® °»²¹»²¿¿² °¿¶¿µ ¿»¬ ¼¿² ´·¿¾·´·¬¿ò Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² ¼·¿µ«· «²¬«µ »³«¿ °»®¾»¼¿¿² ¬»³°±®»® µ»²¿ °¿¶¿µ ¼¿² ¿»¬ °¿¶¿µ ¬¿²¹¹«¸¿² ¼·¿µ«· «²¬«µ °»®¾»¼¿¿² ¬»³°±®»® §¿²¹ ¾±´»¸ ¼·µ«®¿²¹µ¿²ô »°¿²¶¿²¹ ¾»¿® µ»³«²¹µ·²¿² ¼¿°¿¬ ¼·³¿²º¿¿¬µ¿² «²¬«µ ³»²¹«®¿²¹· ´¿¾¿ µ»²¿ °¿¶¿µ °¿¼¿ ³¿¿ ¼¿¬¿²¹ò
Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax liabilities are recognized for all taxable temporary differences and deferred tax assets are recognized for deductible temporary differences to the extent that it is probable that taxable income will be available in future periods against which the deductible temporary differences can be utilized.
п¶¿µ ¬¿²¹¹«¸¿² ¼·«µ«® ¼»²¹¿² ³»²¹¹«²¿µ¿² ¬¿®·º °¿¶¿µ §¿²¹ ¾»®´¿µ« ¿¬¿« »½¿®¿ «¾¬¿²·¿´ ¬»´¿¸ ¾»®´¿µ« °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿²ò п¶¿µ ¬¿²¹¹«¸¿² ¼·¾»¾¿²µ¿² ¿¬¿« ¼·µ®»¼·¬µ¿² ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ô µ»½«¿´· °¿¶¿µ ¬¿²¹¹«¸¿² §¿²¹ ¼·¾»¾¿²µ¿² ¿¬¿« ¼·µ®»¼·¬µ¿² ´¿²¹«²¹ µ» »µ«·¬¿ò
Deferred tax assets and liabilities are measured at the applicable tax rate or substantively enacted as at reporting date. Deferred tax is charged or credited in the consolidated statements of comprehensive income, except when it relates to items charged or credited directly to equity.
íè
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
s. Pajak penghasilan øÔ¿²¶«¬¿²÷
s. Income tax (Continued)
ß»¬ ¼¿² ´·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² ¼·¿¶·µ¿² ¼· ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿²ô µ»½«¿´· ¿»¬ ¼¿² ´·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² «²¬«µ »²¬·¬¿ §¿²¹ ¾»®¾»¼¿ò ߬¿ ¼¿¿® µ±³°»²¿· »«¿· ¼»²¹¿² °»²§¿¶·¿² ¿»¬ ¼¿² ´·¿¾·´·¬¿ °¿¶¿µ µ·²·ò t. Informasi segmen
Deferred tax assets and liabilities are offset in the consolidated statement of financial position, except if these are for different legal entities. In the same manner, as the current tax assets and liabilities are presented. t. Segment information
ײº±®³¿· »¹³»² ¼·««² »«¿· ¼»²¹¿² µ»¾·¶¿µ¿² ¿µ«²¬¿²· §¿²¹ ¼·¿²«¬ ¼¿´¿³ °»²§««²¿² ¼¿² °»²§¿¶·¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿²ò Þ»²¬«µ °®·³»® °»´¿°±®¿² »¹³»² ¿¼¿´¿¸ »¹³»² «¿¸¿ »¼¿²¹µ¿² »¹³»² »µ«²¼»® ¿¼¿´¿¸ »¹³»² ¹»±¹®¿º·ò
Segment information is prepared using the accounting policies adopted for preparing and presenting the consolidated financial statements. The primary format in reporting segment information is based on business segment, while secondary segment information is based on geographical segment.
Í»¹³»² «¿¸¿ ¿¼¿´¿¸ µ±³°±²»² Õ»´±³°±µ Ë¿¸¿ §¿²¹ ¼¿°¿¬ ¼·¾»¼¿µ¿² ¼¿´¿³ ³»²¹¸¿·´µ¿² «¿¬« °®±¼«µ ¿¬¿« ¶¿¿ ø¾¿·µ °®±¼«µ ¿¬¿« ¶¿¿ ·²¼·ª·¼«¿´ ³¿«°«² µ»´±³°±µ °®±¼«µ ¿¬¿« ¶¿¿ ¬»®µ¿·¬÷ ¼¿² µ±³°±²»² ·¬« ³»³·´·µ· ®··µ± ¼¿² ·³¾¿´¿² §¿²¹ ¾»®¾»¼¿ ¼»²¹¿² ®··µ± ¼¿² ·³¾¿´¿² »¹³»² ´¿·²ò
A business segment is a distinguishable component of the Group that is engaged in providing an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business segments.
Í»¹³»² ¹»±¹®¿º· ¿¼¿´¿¸ µ±³°±²»² Õ»´±³°±µ Ë¿¸¿ §¿²¹ ¼¿°¿¬ ¼·¾»¼¿µ¿² ¼¿´¿³ ³»²¹¸¿·´µ¿² °®±¼«µ ¿¬¿« ¶¿¿ °¿¼¿ ´·²¹µ«²¹¿² ø©·´¿§¿¸÷ »µ±²±³· ¬»®¬»²¬« ¼¿² µ±³°±²»² ·¬« ³»³·´·µ· ®··µ± ¼¿² ·³¾¿´¿² §¿²¹ ¾»®¾»¼¿ ¼»²¹¿² ®··µ± ¼¿² ·³¾¿´¿² °¿¼¿ µ±³°±²»² §¿²¹ ¾»®±°»®¿· °¿¼¿ ´·²¹µ«²¹¿² ø©·´¿§¿¸÷ »µ±²±³· ´¿·²ò
A geographical segment is a distinguishable component of the Group that is engaged in providing products or services within a particular economic environment and that is subject to risks and returns that are different from those of components operating in other economic environments.
ß»¬ ¼¿² ´·¿¾·´·¬¿ §¿²¹ ¼·¹«²¿µ¿² ¾»®¿³¿ ¼¿´¿³ ¿¬« »¹³»² ¿¬¿« ´»¾·¸ ¼·¿´±µ¿·µ¿² µ»°¿¼¿ »¬·¿° »¹³»² ¶·µ¿ô ¼¿² ¸¿²§¿ ¶·µ¿ô °»²¼¿°¿¬¿² ¼¿² ¾»¾¿² §¿²¹ ¬»®µ¿·¬ ¼»²¹¿² ¿»¬ ¬»®»¾«¬ ¶«¹¿ ¼·¿´±µ¿·µ¿² µ»°¿¼¿ »¹³»²ó»¹³»² ¬»®»¾«¬ò
Assets and liabilities that relate jointly to two or more segments are allocated to their respective segments, if and only if, their related revenues and expenses are also allocated to those segments.
u. Laba per saham dasar
u. Basic earnings per share
Ô¿¾¿ °»® ¿¸¿³ ¼¿¿® ¼·¸·¬«²¹ ¼»²¹¿² ³»³¾¿¹· ´¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼¿°¿¬ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µ ¼»²¹¿² ®¿¬¿ó®¿¬¿ ¬»®¬·³¾¿²¹ ¶«³´¿¸ ¿¸¿³ §¿²¹ ¾»®»¼¿® ¼¿² ¼·»¬±® °»²«¸ °¿¼¿ ¬¿¸«² §¿²¹ ¾»®¿²¹µ«¬¿²ò
íç
Basic earnings per share is computed by dividing income for the year attributable to the owners of the parent entity over the weighted average number of issued and fully paid shares during the year.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
2.IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN øÔ¿²¶«¬¿²÷
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
u. Laba per saham dasar øÔ¿²¶«¬¿²÷
u. Basic earnings per share (Continued)
л®«¿¸¿¿² ¬·¼¿µ ³»³°«²§¿· »º»µ ¾»®°±¬»²· ¿¸¿³ ¾·¿¿ §¿²¹ ¾»®·º¿¬ ¼·´«¬·º °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿²ò Ñ´»¸ µ¿®»²¿²§¿ô ´¿¾¿ °»® ¿¸¿³ ¼·´«·¿² ¬·¼¿µ ¼·¸·¬«²¹ ¼¿² ¼·¿¶·µ¿² °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò 3.PENGGUNAAN ESTIMASI, PERTIMBANGAN DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN
The Company has no outstanding potential dilutive ordinary shares at the reporting date. Accordingly, no diluted earnings per share are calculated and presented in the consolidated statement of comprehensive income. 3. MANAGEMENT’S USE OF ESTIMATES, JUDGEMENT AND ASSUMPTIONS
л²§««²¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² Õ»´±³°±µ Ë¿¸¿ ³»²¹¸¿®«µ¿² ³¿²¿¶»³»² «²¬«µ ³»³¾«¿¬ °»®¬·³¾¿²¹¿²ô »¬·³¿· ¼¿² ¿«³· §¿²¹ ³»³°»²¹¿®«¸· ¶«³´¿¸ §¿²¹ ¼·´¿°±®µ¿² ¼¿®· °»²¼¿°¿¬¿²ô ¾»¾¿²ô ¿»¬ ¼¿² ´·¿¾·´·¬¿ô ¼¿² °»²¹«²¹µ¿°¿² ¿¬¿ ´·¿¾·´·¬¿ µ±²¬·¶»²·ô °¿¼¿ ¿µ¸·® ¬¿¸«² °»´¿°±®¿²ò Õ»¬·¼¿µ°¿¬·¿² ³»²¹»²¿· ¿«³· ¼¿² »¬·³¿· ¬»®»¾«¬ ¼¿°¿¬ ³»²¹¿µ·¾¿¬µ¿² °»²§»«¿·¿² ³¿¬»®·¿´ ¬»®¸¿¼¿° ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¼¿² ´·¿¾·´·¬¿ §¿²¹ ¬»®°»²¹¿®«¸ °¿¼¿ ¬¿¸«² °»´¿°±®¿² ¾»®·µ«¬²§¿ò
The preparation of the Group’s consolidated financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the disclosure of contingent liabilities, at the end of the reporting year. Uncertainty about these assumptions and estimates could result in outcomes that may require material adjustments to the carrying amounts of the asset and liabilities affected in future years.
Pertimbangan
Judgments
뮬·³¾¿²¹¿² ¾»®·µ«¬ ·²· ¼·¾«¿¬ ±´»¸ ³¿²¿¶»³»² ¼¿´¿³ ®¿²¹µ¿ °»²»®¿°¿² µ»¾·¶¿µ¿² ¿µ«²¬¿²· Õ»´±³°±µ Ë¿¸¿ §¿²¹ ³»³·´·µ· °»²¹¿®«¸ ¿²¹¿¬ ·¹²·º·µ¿² ¿¬¿ ¶«³´¿¸ §¿²¹ ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿²æ
The following judgments are made by management in the process of applying the Group’s accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements:
л²»²¬«¿² Ó¿¬¿ Ë¿²¹ Ú«²¹·±²¿´
Determination of Functional Currency
Ó¿¬¿ «¿²¹ º«²¹·±²¿´ ¼¿®· ³¿·²¹ó³¿·²¹ »²¬·¬¿ ¼¿´¿³ Õ»´±³°±µ Ë¿¸¿ ¿¼¿´¿¸ ³¿¬¿ «¿²¹ §¿²¹ °¿´·²¹ ³»³°»²¹¿®«¸· °»²¼¿°¿¬¿² ¼¿² ¾»¾¿² ¼¿®· °»²¶«¿´¿² ¾¿®¿²¹ ¼¿² ¶¿¿ §¿²¹ ¼·¸¿·´µ¿² »®¬¿ «³¾»® °»²¼¿²¿¿²ò Þ»®¼¿¿®µ¿² «¾¬¿²· »µ±²±³· ¼¿®· µ±²¼·· ³»²¼¿¿®· §¿²¹ ®»´»ª¿²ô ³¿¬¿ «¿²¹ º«²¹·±²¿´ ¼¿² °»²§¿¶·¿² л®«¿¸¿¿² ¼¿² Û²¬·¬¿ ß²¿µ²§¿ ¼· ײ¼±²»·¿ ¿¼¿´¿¸ Ϋ°·¿¸ò
The functional currency of each of the entities under the Group is the currency that mainly influences the revenue and expenses from sale of goods and services rendered as well as source of financing. Based on the economic substance of the relevant underlying circumstances, the functional and presentation currency of the Company and all its Subsidiaries in Indonesia is the Rupiah.
Õ´¿·º·µ¿· ß»¬ ¼¿² Ô·¿¾·´·¬¿ Õ»«¿²¹¿²
Classification of Financial Assets and Financial Liabilities
Õ»´±³°±µ Ë¿¸¿ ³»²»¬¿°µ¿² µ´¿·º·µ¿· ¿¬¿ ¿»¬ ¼¿² ´·¿¾·´·¬¿ ¬»®¬»²¬« »¾¿¹¿· ¿»¬ µ»«¿²¹¿² ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² ¼»²¹¿² ³»³°»®¬·³¾¿²¹µ¿² ¾·´¿ ¼»º·²·· §¿²¹ ¼·¬»¬¿°µ¿² ÐÍßÕ Ò±ò ëë ¼·°»²«¸·ò Ü»²¹¿² ¼»³·µ·¿²ô ¿»¬ µ»«¿²¹¿² ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² ¼·¿µ«· »«¿· ¼»²¹¿² µ»¾·¶¿µ¿² ¿µ«²¬¿²· Õ»´±³°±µ Ë¿¸¿ »°»®¬· ¼·«²¹µ¿°µ¿² °¿¼¿ Ý¿¬¿¬¿² î¹ò
The Group determines the classification of certain assets and liabilities as financial assets and financial liabilities by judging if they meet the definition set forth in PSAK No. 55. Accordingly, the financial assets and financial liabilities are accounted for in accordance with the Group’s accounting policies disclosed in Note 2g.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
3.PENGGUNAAN ESTIMASI, PERTIMBANGAN DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN øÔ¿²¶«¬¿²÷
3. MANAGEMENT USE OF ESTIMATES, JUDGEMENT AND ASSUMPTIONS (Continued)
Pertimbangan øÔ¿²¶«¬¿²÷
Judgments (Continued)
л²§··¸¿² ¿¬¿ Õ»®«¹·¿² л²«®«²¿² Ò·´¿· ¿¬¿ 竬¿²¹ Ë¿¸¿ ó Ûª¿´«¿· ײ¼·ª·¼«¿´
Allowance for Impairment Losses Receivables - Individual Assessments
Õ»´±³°±µ Ë¿¸¿ ³»²¹»ª¿´«¿· ¿µ«²ó¿µ«² ¬»®¬»²¬« ¶·µ¿ ¬»®¼¿°¿¬ ·²º±®³¿· ¾¿¸©¿ °»´¿²¹¹¿² §¿²¹ ¾»®¿²¹µ«¬¿² ¬·¼¿µ ¼¿°¿¬ ³»³»²«¸· µ»©¿¶·¾¿² µ»«¿²¹¿²²§¿ò Ü¿´¿³ ¸¿´ ¬»®»¾«¬ô Õ»´±³°±µ Ë¿¸¿ ³»³°»®¬·³¾¿²¹µ¿²ô ¾»®¼¿¿®µ¿² º¿µ¬¿ ¼¿² ·¬«¿· §¿²¹ ¬»®»¼·¿ô ¬»®³¿«µ ²¿³«² ¬·¼¿µ ¬»®¾¿¬¿ °¿¼¿ô ¶¿²¹µ¿ ©¿µ¬« ¸«¾«²¹¿² ¼»²¹¿² °»´¿²¹¹¿² ¼¿² ¬¿¬« µ®»¼·¬ ¼¿² º¿µ¬±® °¿¿® §¿²¹ ¬»´¿¸ ¼·µ»¬¿¸«·ô «²¬«µ ³»²½¿¬¿¬ °»²§··¸¿² °»·º·µ ¿¬¿ ¶«³´¿¸ °·«¬¿²¹ °»´¿²¹¹¿² ¹«²¿ ³»²¹«®¿²¹· ¶«³´¿¸ °·«¬¿²¹ §¿²¹ ¼·¸¿®¿°µ¿² ¼¿°¿¬ ¼·¬»®·³¿ ±´»¸ Õ»´±³°±µ Ë¿¸¿ò
The Group evaluates specific accounts where it has information that certain customers are unable to meet their financial obligations. In these cases, the Group uses judgment, based on the best available facts and circumstances including, but not limited to, the length of its relationship with the customer and the customer’s current credit status and known market factors, to record specific provisions for customers against amounts due to reduce its receivable amounts that the Group expects to collect.
л²§··¸¿² °»·º·µ ·²· ¼·»ª¿´«¿· µ»³¾¿´· ¼¿² ¼·»«¿·µ¿² ¶·µ¿ ¬¿³¾¿¸¿² ·²º±®³¿· §¿²¹ ¼·¬»®·³¿ ³»³°»²¹¿®«¸· ¶«³´¿¸ °»²§··¸¿² µ»®«¹·¿² °»²«®«²¿² ²·´¿· ¿¬¿ °·«¬¿²¹ «¿¸¿ò Ò·´¿· ¬»®½¿¬¿¬ ¼¿®· °·«¬¿²¹ «¿¸¿ Õ»´±³°±µ Ë¿¸¿ »¾»´«³ °»²§··¸¿² «²¬«µ °»²«®«²¿² ²·´¿· °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿² ¼·«²¹µ¿°µ¿² ¼¿´¿³ Ý¿¬¿¬¿² êò
These specific provisions are re-evaluated and adjusted as additional information received affects the amounts of allowance for impairment losses of trade receivables. The carrying amount of the Group’s trade receivable before allowance for impairment losses as at reporting dates are disclosed in Note 6.
Ì¿¹·¸¿² ¼¿² Õ»¾»®¿¬¿² ¿¬¿ Ø¿·´ л³»®·µ¿¿² п¶¿µ
Claims for Tax Refund and Tax Assessments Under Appeals
Þ»®¼¿¿®µ¿² °»®¿¬«®¿² °»®°¿¶¿µ¿² §¿²¹ ¾»®´¿µ« ¿¿¬ ·²·ô ³¿²¿¶»³»² ³»³°»®¬·³¾¿²¹µ¿² ¿°¿µ¿¸ ¶«³´¿¸ §¿²¹ ¬»®½¿¬¿¬ ¼¿´¿³ ¿µ«² ¬¿¹·¸¿² °¿¶¿µ °»²¹¸¿·´¿² ¼¿°¿¬ ¼·°«´·¸µ¿² ¼¿² ¼·®»¬·¬«· ±´»¸ Õ¿²¬±® п¶¿µò Ò·´¿· ¬»®½¿¬¿¬ ¬¿¸«² ¾»®¶¿´¿² ¿¬¿ ¬¿¹·¸¿² ¼¿² µ»¾»®¿¬¿² ¿¬¿ ¸¿·´ °»³»®·µ¿¿² °¿¶¿µ Õ»´±³°±µ Ë¿¸¿ °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿² ¼·«²¹µ¿°µ¿² ¼¿´¿³ Ý¿¬¿¬¿² ííºò
Based on tax regulations currently enacted, the management evaluates if the amounts of claim for tax refund account are recoverable from and refundable by the Tax Office. The carrying amount of the Group’s current claims for tax refund and tax assessments under appeal as at reporting dates are disclosed in Note 33f.
Estimasi dan Asumsi
Estimates and Assumptions
ß«³· «¬¿³¿ ³¿¿ ¼»°¿² ¼¿² «³¾»® «¬¿³¿ »¬·³¿· µ»¬·¼¿µ°¿¬·¿² ´¿·² °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿² §¿²¹ ³»³·´·µ· ®··µ± ·¹²·º·µ¿² ¾¿¹· °»²§»«¿·¿² §¿²¹ ³¿¬»®·¿´ ¬»®¸¿¼¿° ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¼¿² ´·¿¾·´·¬¿ «²¬«µ ¬¿¸«² ¾»®·µ«¬²§¿ ¼·«²¹µ¿°µ¿² ¼· ¾¿©¿¸ ·²·ò Õ»´±³°±µ Ë¿¸¿ ³»²¼¿¿®µ¿² ¿«³· ¼¿² »¬·³¿· °¿¼¿ °¿®¿³»¬»® §¿²¹ ¬»®»¼·¿ °¿¼¿ ¿¿¬ ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ¼·««²ò
The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are disclosed below. The Group bases its assumptions and estimates on parameters available when the consolidated financial statements were prepared.
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on
Trade
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
3.PENGGUNAAN ESTIMASI, PERTIMBANGAN DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN øÔ¿²¶«¬¿²÷
3. MANAGEMENT USE OF ESTIMATES, JUDGEMENT AND ASSUMPTIONS (Continued)
Estimasi dan Asumsi øÔ¿²¶«¬¿²÷
Estimates and Assumptions (Continued)
Í·¬«¿· ¼¿² ¿«³· ³»²¹»²¿· °»®µ»³¾¿²¹¿² ³¿¿ ¼»°¿² ³«²¹µ·² ¾»®«¾¿¸ ¿µ·¾¿¬ °»®«¾¿¸¿² °¿¿® ¿¬¿« ·¬«¿· ¼·´«¿® µ»²¼¿´· Õ»´±³°±µ Ë¿¸¿ò л®«¾¿¸¿² ¬»®»¾«¬ ¬»®½»®³·² ¼¿´¿³ ¿«³· ¬»®µ¿·¬ °¿¼¿ ¿¿¬ ¬»®¶¿¼·²§¿ò
Existing circumstances and assumptions about future developments may change due to market changes or circumstances arising beyond the control of the Group. Such changes are reflected in the assumptions when they occur.
л²§··¸¿² ¿¬¿ Õ»®«¹·¿² л²«®«²¿² Ò·´¿· ¿¬¿ 竬¿²¹ Ë¿¸¿ ó Ûª¿´«¿· Õ±´»µ¬·º
Allowance for Impairment Losses Receivables - Collective Assessments
Þ·´¿ Õ»´±³°±µ Ë¿¸¿ ³»³«¬«µ¿² ¾¿¸©¿ ¬·¼¿µ ¬»®¼¿°¿¬ ¾«µ¬· ±¾¶»µ¬·º ¿¬¿ °»²«®«²¿² ²·´¿· °¿¼¿ »ª¿´«¿· ·²¼·ª·¼«¿´ ¿¬¿ °·«¬¿²¹ «¿¸¿ô ¾¿·µ §¿²¹ ²·´¿·²§¿ ·¹²·º·µ¿² ³¿«°«² ¬·¼¿µô Õ»´±³°±µ Ë¿¸¿ ³»²§»®¬¿µ¿²²§¿ ¼¿´¿³ µ»´±³°±µ °·«¬¿²¹ «¿¸¿ ¼»²¹¿² µ¿®¿µ¬»®·¬·µ ®··µ± µ®»¼·¬ §¿²¹ »®«°¿ ¼¿² ³»´¿µ«µ¿² »ª¿´«¿· °»²«®«²¿² ²·´¿· »½¿®¿ µ±´»µ¬·ºò Õ¿®¿µ¬»®·¬·µ §¿²¹ ¼·°·´·¸ ³»³°»²¹¿®«¸· »¬·³¿· ¿®« µ¿ ³¿¿ ¼»°¿² ¿¬¿ µ»´±³°±µ °·«¬¿²¹ «¿¸¿ ¬»®»¾«¬ µ¿®»²¿ ³»®«°¿µ¿² ·²¼·µ¿· µ»³¿³°«¿² °»´¿²¹¹¿² «²¬«µ ³»´«²¿· ¶«³´¿¸ ¬»®«¬¿²¹ò
If the Group determines that no objective evidence of impairment exists for an individually assessed trade receivables, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. The characteristics chosen are relevant to the estimation of future cash flows for groups of such trade receivables by being indicative of the customers’ ability to pay all amounts due.
ß®« µ¿ ³¿¿ ¼»°¿² °¿¼¿ µ»´±³°±µ °·«¬¿²¹ «¿¸¿ §¿²¹ ¼·»ª¿´«¿· »½¿®¿ µ±´»µ¬·º «²¬«µ °»²«®«²¿² ²·´¿· ¼·»¬·³¿· ¾»®¼¿¿®µ¿² °»²¹¿´¿³¿² µ»®«¹·¿² ¸·¬±®· ¾¿¹· °·«¬¿²¹ «¿¸¿ ¼»²¹¿² µ¿®¿µ¬»®·¬·µ ®··µ± µ®»¼·¬ §¿²¹ »®«°¿ ¼»²¹¿² °·«¬¿²¹ «¿¸¿ °¿¼¿ µ»´±³°±µ ¬»®»¾«¬ò
Future cash flows in a group of accounts receivable trade that are collectively evaluated for impairment are estimated on the basis of historical loss experience for the trade receivables with credit risk characteristics similar to those in the group.
Ò·´¿· ¬»®½¿¬¿¬ ¼¿®· °·«¬¿²¹ «¿¸¿ Õ»´±³°±µ Ë¿¸¿ »¾»´«³ °»²§··¸¿² «²¬«µ °»²«®«²¿² ²·´¿· °¿¼¿ ¬¿²¹¹¿´ °»´¿°±®¿² ¼·«²¹µ¿°µ¿² ¼¿´¿³ Ý¿¬¿¬¿² êò
The Group’s accounts receivable - trade before allowance for impairment losses as at reporting dates are disclosed in Note 6.
л²«®«²¿² ²·´¿· ¿»¬ ²±² µ»«¿²¹¿²
Impairment of non-financial assets
Ϋ¹· °»²«®«²¿² ²·´¿· ¼·¿µ«· «²¬«µ ¶«³´¿¸ ¼·³¿²¿ ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¿¬¿« «²·¬ °»²¹¸¿·´ µ¿ô ³»´»¾·¸· ²·´¿· §¿²¹ ¼¿°¿¬ ¼·°«´·¸µ¿²ò ˲¬«µ ³»²»²¬«µ¿² ¶«³´¿¸ §¿²¹ ¼¿°¿¬ ¼·°«´·¸µ¿²ô ³¿²¿¶»³»² ³»³°»®µ·®¿¿² ¿®« µ¿ ³¿¿ ¼»°¿² ¼¿®· ³¿·²¹ó³¿·²¹ «²·¬ °»²¹¸¿·´ µ¿ ¼¿² ³»²»²¬«µ¿² ¬·²¹µ¿¬ ¾«²¹¿ §¿²¹ ½±½±µ «²¬«µ ³»²¹¸·¬«²¹ ²·´¿· »µ¿®¿²¹ ¼¿®· ¿®« µ¿ ¬»®»¾«¬ò Ü¿´¿³ °®±» °»²¹«µ«®¿² ¿®« µ¿ §¿²¹ ¼·¸¿®¿°µ¿² ¼· ³¿¿ §¿²¹ ¿µ¿² ¼¿¬¿²¹ô ³¿²¿¶»³»² ³»³¾«¿¬ ¿«³·ó¿«³· ¬»²¬¿²¹ ¸¿·´ ±°»®¿· ³¿¿ §¿²¹ ¿µ¿² ¼¿¬¿²¹ò
An impairment loss is recognized for the amount by which the assets’ or cash-generating unit’s carrying amount exceeds its recoverable amount. To determine the recoverable amount, management estimates expected future cash flows from each cash-generating unit and determines a suitable interest rate in order to calculate the present value of those cash flows. In the process of measuring expected future cash flows management makes assumptions about future operating results.
ß«³· ·²· ¾»®µ¿·¬¿² ¼»²¹¿² µ»¶¿¼·¿² ¼¿² ·µ´« ¼·³¿¿ §¿²¹ ¿µ¿² ¼¿¬¿²¹ò Ø¿·´ §¿²¹ »¾»²¿®²§¿ ¼¿°¿¬ ¾»®ª¿®·¿· ¼¿² ¼¿°¿¬ ³»²§»¾¿¾µ¿² °»²§»«¿·¿² §¿²¹ ·¹²·º·µ¿² ¬»®¸¿¼¿° ¿»¬ Õ»´±³°±µ Ë¿¸¿ ¼¿´¿³ ¬¿¸«² ¿²¹¹¿®¿² ¾»®·µ«¬²§¿ò
These assumptions relate to future events and circumstances. The actual results may vary, and may cause significant adjustments to the Group’s assets within the next financial year.
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on
Trade
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
3. PENGGUNAAN ESTIMASI, PERTIMBANGAN DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN øÔ¿²¶«¬¿²÷
3. MANAGEMENT USE OF ESTIMATES, JUDGEMENT AND ASSUMPTIONS (Continued)
Estimasi dan Asumsi øÔ¿²¶«¬¿²÷
Estimates and Assumptions (Continued)
л²«®«²¿² ²·´¿· ¿»¬ ²±² µ»«¿²¹¿² øÔ¿²¶«¬¿²÷
Impairment of non financial assets (Continued)
Ü¿´¿³ ¾¿²§¿µ µ¿«ô °»²»²¬«¿² ¬·²¹µ¿¬ ¼·µ±²¬± §¿²¹ ¾»®´¿µ« ³»´·¾¿¬µ¿² »¬·³¿· °»²§»«¿·¿² §¿²¹ ¬»°¿¬ ¿¬¿ ®»·µ± °¿¿® ¼¿² °»²§»«¿·¿² §¿²¹ ¬»°¿¬ «²¬«µ º¿½¬±®ó º¿µ¬±® ®··µ± ¬»®¬»²¬«ò
In most cases, determining the applicable discount rate involves estimating the appropriate adjustment to market risk and the appropriate adjustment to assetspecific risk factors.
л²·«² ¼¿² ³¿²º¿¿¬ ¾«¿¬ µ¿®§¿©¿²
Pension and employees’ benefits
л²»²¬«¿² µ»©¿¶·¾¿² Õ»´±³°±µ Ë¿¸¿ ¼¿² ¾·¿§¿ °»²·«² »®¬¿ µ»©¿¶·¾¿² ·³¾¿´¿² µ»®¶¿ ¬»®¹¿²¬«²¹ °¿¼¿ »´»µ· ¿¬¿ ¿«³· ¬»®¬»²¬« §¿²¹ ¼·¹«²¿µ¿² ±´»¸ ¿µ¬«¿®· ·²¼»°»²¼»² ¼¿´¿³ ³»²¹¸·¬«²¹ ¶«³´¿¸ ¬»®»¾«¬ò ß«³·ó¿«³· ¬»®»¾«¬ ¿²¬¿®¿ ´¿·² ¸¿®¹¿ ¼·µ±²ô ¬·²¹µ¿¬ µ»²¿·µ¿² ¹¿¶· ¬¿¸«²¿²ô ¬·²¹µ¿¬ ¬«®²ó±ª»® µ¿®§¿©¿²ô ¬·²¹µ¿¬ ½¿½¿¬ô ¬·²¹µ¿¬ «·¿ °»²·«² ¼¿² ¬·²¹µ¿¬ µ»³¿¬·¿²ò Ø¿·´ §¿²¹ »¾»²¿®²§¿ ¾»®¾»¼¿ ¼¿®· ¿«³· Õ»´±³°±µ Ë¿¸¿ §¿²¹ ³¿²¿ »º»µ²§¿ ´»¾·¸ ¼¿®· ïðû ¼¿®· µ»©¿¶·¾¿² ·³¾¿´¿² °¿¬· ¼·¬¿²¹¹«¸µ¿² ¼¿² ¼·¿³±®¬·¿· »½¿®¿ ¹¿®· ´«®« »´¿³¿ ·¿ ®¿¬¿ó®¿¬¿ µ¿®§¿©¿² ³»³»²«¸· §¿®¿¬ò Õ»´±³°±µ Ë¿¸¿ ¾»®µ»§¿µ·²¿² ¾¿¸©¿ ¿«³·²§¿ ¿¼¿´¿¸ ©¿¶¿® ¼¿² ¬»°¿¬ô °»®¾»¼¿¿² §¿²¹ ·¹²·º·µ¿² ¼¿´¿³ ¸¿·´ »¾»²¿®²§¿ ¿¬¿« °»®«¾¿¸¿² ·¹²·º·µ¿² ¼¿´¿³ ¿«³· Õ»´±³°±µ Ë¿¸¿ ¼¿°¿¬ ³»³°»²¹¿®«¸· »¬·³¿· ´·¿¾·´·¬¿ «²¬«µ ·³¾¿´¿² °»²·«² µ¿®§¿©¿² ¼¿² ¾»¾¿² ³¿²º¿¿¬ µ¿®§¿©¿²ò
The determination of the Group’s obligations and cost for pension and employee benefits liabilities is dependent on its selection of certain assumptions used by the independent actuaries in calculating such amounts. Those assumptions include among others, discount rates, annual salary increase rate, annual employee turn-over rate, disability rate, retirement age and mortality rate. Actual results that differ from the Group’s assumptions which effects are more than 10% of the defined benefit obligations are deferred and being amortized on a straight-line basis over the expected average remaining service years of the qualified employees. While the Group believes that its assumptions are reasonable and appropriate, significant differences in the Group’s actual results or significant changes in the Group’s assumptions may materially affect its estimated liabilities for pension and employee benefits and net employee benefit expense.
Ò·´¿· ¬»®½¿¬¿¬ ¿¬¿ ²·´¿· ·³¾¿´¿² µ»®¶¿ Õ»´±³°±µ Ë¿¸¿ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ³¿·²¹ó ³¿·²¹ »¾»¿® ΰ îîòçèêòçìè ¼¿² ΰ ïéòïìéòéðê øÝ¿¬¿¬¿² îð÷ò
The carrying amount of the Group’s estimated liabilities for employee benefits as at December 31, 2013 and 2012 was Rp 22,986,948 and Rp 17,147,706, respectively (Note 20).
Ó¿¿ ³¿²º¿¿¬ »µ±²±³· ¼¿² °»²§««¬¿² ¿»¬ ¬»¬¿°
Useful lives and depreciation of property, plant and equipment
Ó¿²¿¶»³»² ³»²»²¬«µ¿² »¬·³¿· ³¿¿ ³¿²º¿¿¬ ¼¿®· ¿»¬ ¬»¬¿° ¼¿² ¾»¾¿² °»²§««¬¿² ¾»®¼¿¿®µ¿² µ»¹«²¿¿² §¿²¹ ¼·¸¿®¿°µ¿² ¼¿®· ¿»¬ò ײ· ¿¼¿´¿¸ ¸¿®¿°¿² ¸·¼«° «³«³ §¿²¹ ¼·¬»®¿°µ¿² ¼¿´¿³ ·²¼«¬®· ¼·³¿²¿ Õ»´±³°±µ Ë¿¸¿ ³»´¿µ«µ¿² «¿¸¿²§¿ò Ø¿·´ §¿²¹ »¾»²¿®²§¿ ¼¿°¿¬ ¾»®ª¿®·¿· µ¿®»²¿ µ»«¿²¹¿² ¬»µ²·ò л®«¾¿¸¿² ¬·²¹µ¿¬ §¿²¹ ¼·¸¿®¿°µ¿² ¼¿®· °»²¹¹«²¿¿² ¼¿² °»²¹»³¾¿²¹¿² ¬»µ²±´±¹· ¼¿°¿¬ ³»³°»²¹¿®«¸· ³¿¿ ³¿²º¿¿¬ »µ±²±³· ¼¿² ²·´¿· ®»·¼« ¿»¬ ¬»®»¾«¬ô ¼¿² ±´»¸ µ¿®»²¿ ·¬« ¾»¾¿² °»²§««¬¿² ³¿¿ §¿²¹ ¿µ¿² ¼¿¬¿²¹ ¼¿°¿¬ ¼· ®»ª··ò
Management determined the estimated useful lives of these property, plant and equipment and depreciation expense based on the expected utility of the assets. These are common life expectancies applied in the industries where the Group conducts its business. Actual results may vary due to technical obsolescence. Changes in the expected level of usage and technological development could impact the economic useful lives and the residual values of these assets, and therefore future depreciation charges could be revised.
ìí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
3. PENGGUNAAN ESTIMASI, PERTIMBANGAN DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN øÔ¿²¶«¬¿²÷
3. MANAGEMENT USE OF ESTIMATES, JUDGEMENT AND ASSUMPTIONS (Continued)
Estimasi dan Asumsi øÔ¿²¶«¬¿²÷
Estimates and Assumptions (Continued)
Ó¿¿ ³¿²º¿¿¬ »µ±²±³· ¼¿² °»²§««¬¿² ¿»¬ ¬»¬¿° øÔ¿²¶«¬¿²÷
Useful lives and depreciation of property, plant and equipments (Continued)
Ò·´¿· ¬»®½¿¬¿¬ ²»¬± ¿¬¿ ¿»¬ ¬»¬¿° Õ»´±³°±µ Ë¿¸¿ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ³¿·²¹ó³¿·²¹ »¾»¿® ΰ êíçòîçéòêïè ¼¿² ΰ ìîéòîíîòïïê øÝ¿¬¿¬¿² ïð÷ò
The net carrying amount of the Group’s property, plant and equipment as at December 31, 2013 and 2012 was Rp 639,297,618 and Rp 427,232,116, respectively (Note 10).
Ò·´¿· ©¿¶¿® ¼¿®· ·²¬®«³»²¬ µ»«¿²¹¿²
Fair value of financial instruments
Ó¿²¿¶»³»² ³»²¹¹«²¿µ¿² ¬»µ²·µ °»²·´¿·¿² «²¬«µ ³»²¹«µ«® ²·´¿· ©¿¶¿® ·²¬®«³»² µ»«¿²¹¿² ¼·³¿²¿ °»²¿©¿®¿² °¿¿® ¿µ¬·º ¬·¼¿µ ¬»®»¼·¿ò Ü¿´¿³ ³»²»®¿°µ¿² ¬»µ²·µ °»²·´¿·¿²ô ³¿²¿¶»³»² ³»³¾«¿¬ °»²¹¹«²¿¿² ³¿µ·³¿´ ·²°«¬ °¿¿®ô ¼¿² ³»²¹¹«²¿µ¿² »¬·³¿· ¼¿² ¿«³· »°¿²¶¿²¹ ³»³«²¹µ·²µ¿²ô »«¿· ¼»²¹¿² ¼¿¬¿ §¿²¹ ¼¿°¿¬ ¼·¿³¿¬· ¾¿¸©¿ °»´¿µ« °¿¿® ¿µ¿² ¼·¹«²¿µ¿² ¼¿´¿³ °»²»²¬«¿² ¸¿®¹¿ ·²¬®«³»²ò Õ»¬·µ¿ ¼¿¬¿ §¿²¹ ¾»®´¿µ« ¬·¼¿µ ¾·¿ ¼·¿³¿¬·ô ³¿²¿¶»³»² ³»²¹¹«²¿µ¿² »¬·³¿· ¬»®¾¿·µ ¼¿®· ¿«³· ¬»²¬¿²¹ ¿«³·ó¿«³· §¿²¹ ¿µ¿² ¼·¾«¿¬ ±´»¸ °»´¿µ« °¿¿®ò Û¬·³¿· ·²· ¼¿°¿¬ ¾»®¾»¼¿ ¼¿®· ¸¿®¹¿ »¾»²¿®²§¿ §¿²¹ ¼·½¿°¿· ¼¿´¿³ ¬®¿²¿µ· §¿²¹ ©¿¶¿® °¿¼¿ ¬¿²¹¹¿´ ´¿°±®¿²ò
Management uses valuation techniques in measuring the fair value of financial instruments where active market quotes are not available. In applying the valuation techniques, management makes maximum use of market inputs, and uses estimates and assumptions that are, as far as possible, consistent with observable data that market participants would use in pricing the instrument. Where applicable data is not observable, management uses its best estimate about the assumptions that market participants would make. These estimates may vary from the actual prices that would be achieved in an arm’s length transaction at the reporting date.
ìì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
4. KAS DAN SETARA KAS
4. CASH AND CASH EQUIVALENTS îðïí ΰ
Kas Ϋ°·¿¸ Ç«¿² λ²³·³¾· ݸ·²¿ ̱¬¿´
îðïî ΰ
ììéòíéî èòïèë ìëëòëëé
îðïòéïí ïìòìíç îïêòïëî
Bank λµ»²·²¹ ®«°·¿¸ æ ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ ÐÌ Þ¿²µ Ý»²¬®¿´ ß·¿ ̾µ Ü»«¬½¸» Þ¿²µ ßÙ ÐÌ Þ¿²µ Ý×ÓÞ Ò·¿¹¿ ̾µ ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿ ÐÌ Þ¿²µ ÜÞÍ ×²¼±²»·¿ ÐÌ Þ¿²µ ÑÝÞÝ Ò×ÍР̾µ ̱¬¿´ λµ»²·²¹ ܱ´¿® ßÍ æ ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿ ÐÌ Þ¿²µ ÑÝÞÝ Ò×ÍÐô ̾µ Ü»«¬½¸» Þ¿²µ ßÙ ÐÌ Þ¿²µ ÜÞÍ ×²¼±²»·¿ ÐÌ Þ¿²µ Ý×ÓÞ Ò·¿¹¿ ̾µ Ѫ»®»¿ ݸ·²»» Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ Š Í·²¹¿°±®» ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ Š ͸¿²¹¸¿· ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ݸ·²¿ Þ¿²µ ײ¬»®²¿¬·±²¿´ Ò·²¹¾± ̱¬¿´ λµ»²·²¹ Ç«¿² λ²³·²¾· ݸ·²¿ æ ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ݸ·²¿ ײ¼«¬®·¿´ ú ݱ³³»®½·¿´ Þ¿²µ ±º ݸ·²¿ Š ݸ·²¿ Ý·¬·¾¿²µ Òòßò ̱¬¿´
Cash on hand Rupiah China Yuan Renmimbi Total Cash in banks Rupiah accounts : PT Bank Mandiri øл®»®±÷ Tbk PT Bank Central Asia Tbk Deutsche Bank AG PT Bank CIMB Niaga Tbk The Hongkong and Shanghai Banking Corporation Limited, Indonesia PT Bank DBS Indonesia PT Bank OCBC NISP Tbk
ïèòêëðòêêí ëòèîëòììê îòïðêòèìç êëëòíîê
ëòëçìòðîð îòìðéòììð ìòïððòëéè ïòèíéòéðç
íððòìïí ééòèëê ëïòééç
ìòðëíòìèì éçòééè ïòðêèòçëé
îéòêêèòííî
ïçòïìïòçêê
ëòðïçòììè
ìéòîçì
ïòïêíòééî ëçðòìëé íðèòèëð êéòëïç íçòîìð
ïòìçðòðïë ïíéòîïî ïïòîïîòèîí ëìòéçî éðòðïé
íèòççë ççî
íîòðîî îéòììî
íçë
îíèòèéï îçòëçð
US Dollar accounts : PT Bank Mandiri (Persero) Tbk The Hongkong and Shanghai Banking Corporation Limited, Indonesia PT Bank OCBC NISP, Tbk Deutsche Bank AG PT Bank DBS Indonesia PT Bank CIMB Niaga Tbk Overseas Chinese Banking Corporation Limited – Singapore PT Bank Mandiri øл®»®±÷ Tbk – Shanghai The Hongkong and Shanghai Banking Corporation Limited, China Bank International Ningbo
éòîîçòêêè
ïíòíìðòðéè
Total
îëòïîïòèçë ïîòìçðòîíè ëðì íéòêïîòêíé
ìë
Total
China Yuan Renminbi accounts : The Hongkong and Shanghai Banking ëòîïíòéìé Corporation Limited, China Industrial & Commercial Bank of ëòêëçòêíç China – China éîð Citibank N.A. ïðòèéìòïðê
Total
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
4. KAS DAN SETARA KAS øÔ¿²¶«¬¿²÷
4. CASH AND CASH EQUIVALENTS (Continued) îðïî ΰ
îðïí ΰ λµ»²·²¹ ܱ´¿® Í·²¹¿°«®¿ Ѫ»®»¿ ݸ·²»» Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ Š Í·²¹¿°«®¿
íêòçïé
íïòíìê
Singapore Dollar account : Bank Overseas Chinese Banking Corporation – Singapore
̱¬¿´
íêòçïé
íïòíìê
Total
λµ»²·²¹ Û«®± æ ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿
Euro account : The Hongkong and Shanghai Banking ïîèòîìï Corporation limited, Indonesia
̱¬¿´
ïîèòîìï
Total
λµ»²·²¹ Ç»² Ö»°¿²¹ æ Þ¿²µ ײ¬»®²¿¬·±²¿´ Ò·²¹¾±
ïòëðè
Japannese Yen account Bank International Ningbo
̱¬¿´
ïòëðè
Total
̱¬¿´ ¾¿²µ
éîòëìéòëëì
ìíòëïéòîìë
Total cash in banks
Total kas dan setara kas
éíòððíòïïï
ìíòéííòíçé
Total cash and cash equivalents
Ì·¼¿µ ¬»®¼¿°¿¬ ¿´¼± µ¿ ¼¿² »¬¿®¿ µ¿ µ»°¿¼¿ °·¸¿µ ¾»®»´¿·
There are no cash and cash equivalents placed to related parties
п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïíô µ¿ ¼¿² »¬¿®¿ µ¿ ¼¿´¿³ °»²§·³°¿²¿² ¼¿² ¼¿´¿³ °»®¶¿´¿²¿² Õ»´±³°±µ Ë¿¸¿ ¼·¿«®¿²·µ¿² ¬»®¸¿¼¿° ®··µ± µ»¸·´¿²¹¿² ¼»²¹¿² ²·´¿· °»®¬¿²¹¹«²¹¿² §¿²¹ »¬¿®¿ ¼»²¹¿² ΰ îéòèîèòðð𠼿² γ¾ îðòððð øîðïîæ ΰ îéòèîèòðð𠼿² γ¾ îðòððð÷ô §¿²¹ ³»²«®«¬ °»²¼¿°¿¬ ³¿²¿¶»³»² ½«µ«° «²¬«µ ³»²«¬«° µ»®«¹·¿² §¿²¹ ³«²¹µ·² ¬·³¾«´ò
As at December 31, 2013 the Group’s cash and cash equivalents in transit and in storage are insured to covers potential loss risk with the sum insured of Rp 27,828,000 and Rmb 20,000 (2012 : ΰ 27,828,000 ¼¿² γ¾ 20,000), and management believes that the sum insured is adequate to cover such risk.
5. SHORT-TERM INVESTMENTS IN MARKETABLE SECURITIES
5. INVESTASI DALAM EFEK JANGKA PENDEK
îðïî ΰ
îðïí ΰ ײª»¬¿· ³»´¿´«· ³¿²¿¶»® ·²ª»¬¿· ײª»¬¿· ´¿²¹«²¹
ìòðêìòìêç ïòðíçòçèí
̱¬¿´
ëòïðìòìëî
ìê
íòíðíòêèé ïòéììòìêð ëòðìèòïìé
Investments with fund managers Direct investment Total
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
5. INVESTASI DALAM EFEK JANGKA PENDEK øÔ¿²¶«¬¿²÷
5. SHORT-TERM INVESTMENTS IN MARKETABLE SECURITIES (Continued)
л®«¿¸¿¿² ¼¿² ÔÐ× ³»²«²¶«µ ÐÌ Ô¿«¬¿²¼¸¿²¿ Í»½«®·²¼± «²¬«µ ³»²¹»´±´¿ ¼¿²¿ ¼¿´¿³ ¾·¼¿²¹ ·²ª»¬¿· «®¿¬ ¾»®¸¿®¹¿ ¼· °¿¿® ³±¼¿´ò
The Company and LPI appointed PT Lautandhana Securindo to manage investment in securities at the capital market
л®«¿¸¿¿² ¼¿² ÔÐ× ¶«¹¿ ³»²«²¶«µ ÐÌ Í¿³«»´ Í»µ«®·¬¿ ײ¼±²»·¿ »¾¿¹¿· Ó¿²¿¶»® ·²ª»¬¿· ¼»²¹¿² ©»©»²¿²¹ °»²«¸ °¿¼¿ ±¾´·¹¿· Í«®¿¬ ˬ¿²¹ Ò»¹¿®¿ ¼¿² ¿¸¿³ó¿¸¿³ §¿²¹ ¼·°»®¼¿¹¿²¹µ¿² ¼· Þ«®¿ Ûº»µ ײ¼±²»·¿ò Ó¿¿ ·²ª»¬¿· ¿¼¿´¿¸ ¿¬« øï÷ ¬¿¸«² ¼¿² ¼·°»®°¿²¶¿²¹ µ»³¾¿´· »½¿®¿ ±¬±³¿¬·ô µ»½«¿´· ¾·´¿ ¿¼¿ °»³¾¿¬¿´¿² »½¿®¿ ¬»®¬«´· ±´»¸ л®«¿¸¿¿² ¼¿² ÔÐ×ò
The Company also appointed PT Samuel Sekuritas Indonesia as fund manager to invest, on behalf of the Company and LPI in government bonds and stocks which are traded at the Indonesian Stock Exchange. The investments have a term of one (1) year and will be rolled over unless terminated through a written notification by the Company and LPI.
ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ л®«¿¸¿¿² ¾¿·µ §¿²¹ ¼·µ»´±´¿ ±´»¸ ³¿²¿¶»® ·²ª»¬¿· ³¿«°«² ·²ª»¬¿· ´¿²¹«²¹ ³»®«°¿µ¿² ·²ª»¬¿· ¿¬¿ «®¿¬ ¾»®¸¿®¹¿ñ»º»µ §¿²¹ ¼·°»®¼¿¹¿²¹µ¿² °¿¼¿ Þ«®¿ Ûº»µ ײ¼±²»·¿ò
The Company’s short-term investments in securities are either managed by an investment manager or directly by the Company itself, represent the investment in securities which are traded in Indonesian Stock Exchange.
Í»¾»´«³ ¬¿¸«² îðïîô Õ»´±³°±µ Ë¿¸¿ ³»²½¿¬¿¬ ´¿¾¿ ¿¬¿« ®«¹· §¿²¹ ¾»´«³ ¼·®»¿´·¿· ¼¿®· µ»²¿·µ¿² ø°»²«®«²¿²÷ ²·´¿· °¿¿® »º»µ ¬»®»¾«¬ ¼¿´¿³ ¿µ«² Ô¿¾¿ ¿¬¿« ®«¹· §¿²¹ ¾»´«³ ¼·®»¿´·¿·Œ »¾¿¹¿· ¾¿¹·¿² ¼¿®· »µ«·¬¿ò Í»¶¿µ ¬¿¸«² îðïîô »«¿· ÐÍßÕ Ò±ò ëë ø®»ª·· îðïï÷ô Õ»´±³°±µ Ë¿¸¿ ³»²½¿¬¿¬ ´¿¾¿ ®«¹· ¼¿®· µ»²¿·µ¿²ñ°»²«®«²¿² ²·´¿· °¿¿® ·²ª»¬¿· »¾¿¹¿· ´¿¾¿ ¿¬¿« ®«¹· ¬¿¸«² ¾»®¶¿´¿²ò ßµ«³«´¿· ´¿¾¿ ¿¬¿« ®«¹· §¿²¹ ¾»´«³ ¼·®»¿´·¿· §¿²¹ »¾»´«³²§¿ ¼·½¿¬¿¬ ¼¿´¿³ ¿µ«² Ô¿¾¿ ¿¬¿« ®«¹· §¿²¹ ¾»´«³ ¼·®»¿´·¿·Ž ¼·°·²¼¿¸µ¿² µ» ¿´¼± ´¿¾¿ ¬¿¸«² îðïî »¾»¿® ΰ ïïðòìðîò
Prior to 2012, the Group recorded an unrealized gain or loss on the increase/decrease in the market value of these securities in “Unrealized gain or loss on investment” account under the equity component. Since 2012, in accordance to PSAK No. 55 (Revised 2011), the Group recorded gain or loss due to increase (decrease) in market value of investments in consolidated statement of comprehensive income for the year. The accumulated unrealized gain or loss as previously recorded in ‘Unrealized gain or loss on investment’ account under the equity component amounting to Rp 110,402 was transferred to the 2012 retained earnings.
Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ³»²¹¹¿²¬· ²¿³¿ ¼¿®· ¿µ«² ·²ª»¬¿· ¬»®»¾«¬ ¼¿®· ײª»¬¿· ¼¿´¿³ »º»µ §¿²¹ ¬»®»¼·¿ ¼· ¶«¿´Œ ³»²¶¿¼· ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µòŒ
The Group also has changed the title of the account in relation to the investment from “Investment in available for sale securities” to “Short-term investment in marketable securities”.
ìé
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
6. PIUTANG USAHA
6. TRADE RECEIVABLES îðïí ΰ
a. Berdasarkan pelanggan: з¸¿µ µ»¬·¹¿ л´¿²¹¹¿² ¼¿´¿³ ²»¹»®· л´¿²¹¹¿² ´«¿® ²»¹»®· ̱¬¿´ Ü·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ Ò»¬± b. Berdasarkan umur (hari) : Þ»´«³ ¶¿¬«¸ ¬»³°± Í«¼¿¸ ¶¿¬«¸ ¬»³°± ï ñ¼ í𠸿®· íï ñ¼ ê𠸿®· êï ñ¼ ç𠸿®· Ó»´»¾·¸· ç𠸿®· ̱¬¿´ Ü·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ Ò»¬± c. Berdasarkan mata uang : Ϋ°·¿¸ Ç«¿² λ²³·²¾· ݸ·²¿ ܱ´¿® ßÍ Û«®± Ü·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ Ò»¬±
îðïî ΰ
ïîíòèèïòîéé íìòèíìòïðî
ïïíòéðèòíèç îíòêçëòìéè
ïëèòéïëòíéç
ïíéòìðíòèêé
øêððòïçç÷
øíïíòððï÷
ïëèòïïëòïèð
ïíéòðçðòèêê
ïîêòçîëòïèé
ïðëòêëëòèéð
îïòìîêòìîð êòêçëòêëï îòêïéòêðê ïòðëðòëïë
ïéòéèéòêëê èòêéïòïêç ïòêèéòèéë íòêðïòîçé
ïëèòéïëòíéç
ïíéòìðíòèêé
øêððòïçç÷
øíïíòððï÷
ïëèòïïëòïèð
ïíéòðçðòèêê
ïîîòêîçòéìð íðòíèèòðíí ëòíîëòìéé íéîòïîç ïëèòéïëòíéç
ïïíòïèèòéðë îîòêììòççé ïòîêïòçèî íðèòïèí ïíéòìðíòèêé
øêððòïçç÷ ïëèòïïëòïèð
Ó«¬¿· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
øíïíòððï÷ ïíéòðçðòèêê
a. By customer: Third parties Local debtors Foreign debtors Total Less allowance for impairment of receivables Net b. By age category (day): Current Past due Under 30 days 31 to 60 days 61 to 90 days Over 90 days Total Less provision for impairment of receivables Net c. By currency: Rupiah China Yuan Renminbi US Dollar Euro Allowance for impairment of receivables Net
Movements in the allowance for impairment of receivables is as follows: îðïî ΰ
îðïí ΰ Í¿´¼± ¿©¿´ л²§··¸¿² ¬¿¸«² ¾»®¶¿´¿² л²¹¸¿°«¿² °·«¬¿²¹
íïíòððï îèéòïçè
ëîòìíî íïíòððï øëîòìíî÷
Í¿´¼± ¿µ¸·®
êððòïçç
íïíòððï
ìè
Beginning balance Provision for the year Write-off Ending balance
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
6. PIUTANG USAHA øÔ¿²¶«¬¿²÷
6. TRADE RECEIVABLES (Continued)
Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ³»³·´·µ· °·«¬¿²¹ «¿¸¿ µ»°¿¼¿ °·¸¿µ ¾»®»´¿·ò
The Group did not have trade receivables from related parties.
Ó¿²¿¶»³»² ¾»®µ»§¿µ·²¿² ¾¿¸©¿ °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ ¬»®»¾«¬ ½«µ«° «²¬«µ ³»²«¬«°· µ»®«¹·¿² ¼¿®· ¬·¼¿µ ¬»®¬¿¹·¸²§¿ °·«¬¿²¹ «¿¸¿ò
The management believes that the allowance for impairment of receivables is adequate to cover loss on uncollectible receivables.
Í»¾¿¹·¿² °·«¬¿²¹ Õ»´±³°±µ Ë¿¸¿ ¼·¹«²¿µ¿² »¾¿¹¿· ¶¿³·²¿² °·²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ øÝ¿¬¿¬¿² ïí÷ò
Portion of receivables of the Group was used as collateral for short-term bank loans (Note 13). 7. INVENTORIES
7. PERSEDIAAN îðïí ΰ Þ¿¸¿² ¾¿µ« Þ¿®¿²¹ ¶¿¼· Þ¿®¿²¹ ¼¿´¿³ °®±» Þ¿®¿²¹ ¬»µ²·µô ¾¿¸¿² ¾¿µ¿® ¼¿² ³±«´¼ Þ¿¸¿² °»³¾¿²¬« ¼¿² °»³¾«²¹µ« Þ¿®¿²¹ ¼¿´¿³ °»®¶¿´¿²¿² Ü·µ«®¿²¹·æ л²§··¸¿² °»®»¼·¿¿² «¿²¹ ¼¿² ´¿³¾¿¬ ¾»®¹»®¿µ ̱¬¿´ Š ²»¬±
îðïî ΰ
ìêòèëðòçíð ìîòëðîòéèé îíòíîéòéëé îðòìïëòðçê îïòèëçòèëê ëëçòçèë
ííòîçëòïðê îçòëðíòîíê ïìòëðêòëêé ïçòïíéòðêî îðòçéïòðèì ìëçòéìí
ïëëòëïêòìïï
ïïéòèéîòéçè
øêòçííòèëé÷ ïìèòëèîòëëì
Ó«¬¿· °»²§··¸¿² °»®»¼·¿¿² «¿²¹ ¼¿² ´¿³¾¿¬ ¾»®¹»®¿µ
Í¿´¼± ¿µ¸·®
ïïëòéíëòëèê
Less: Allowance for obsolete and slow moving inventories Total – net
Movements in the allowance for obsolete and slow moving inventories îðïî ΰ
îðïí ΰ Í¿´¼± ¿©¿´ л²§··¸¿² ¬¿¸«² ¾»®¶¿´¿² л²¹¸¿°«¿²
øîòïíéòîïî÷
Raw materials Finished goods Work in-process Technical materials, fuel and mould Indirect and packing materials Inventories in-transit
îòïíéòîïî êòçííòèëé øîòïíéòîïî÷
èîíòììî îòêììòèçë øïòííïòïîë÷
êòçííòèëé
îòïíéòîïî
Ó¿²¿¶»³»² ¾»®µ»§¿µ·²¿² ¾¿¸©¿ °»²§··¸¿² °»®»¼·¿¿² «¿²¹ ¼¿² ´¿³¾¿¬ ¾»®¹»®¿µ ¬»®»¾«¬ ³»³¿¼¿· «²¬«µ ³»²«¬«° µ»®«¹·¿² ¿µ·¾¿¬ µ»«¿²¹¿² ¼¿² °»²«®«²¿² ²·´¿· ´¿·²²§¿ò
ìç
Beginning balance Provision for the year Write-off Ending balance
Management believes the allowance for obsolete and slow-moving inventories is adequate to cover the potential loss from obsolescence and other decline in value.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
7. PERSEDIAAN øÔ¿²¶«¬¿²÷
7. INVENTORIES (Continued)
Í»´«®«¸ °»®»¼·¿¿² ³·´·µ Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ¼·¿«®¿²·µ¿² ¬»®¸¿¼¿° ®··µ± µ»¾¿µ¿®¿²ô °»²½«®·¿²ô ¹»³°¿ ¾«³·ô ¹«²«²¹ ³»´»¬«ô ¬«²¿³· ¼¿² ®··µ± ´¿·²²§¿ ¼»²¹¿² ¶«³´¿¸ °»®¬¿²¹¹«²¹¿² »¾»¿® ΰ éïòëìïòçðç ¼¿² γ¾ îðòðððòððð «²¬«µ ¬¿¸«² îðïí ¼¿² ΰ êèòëìïòçðç ¼¿² γ¾ êòðððòððð «²¬«µ ¬¿¸«² îðïî §¿²¹ ³»®«°¿µ¿² éëû ¼¿®· ²·´¿· ®¿¬¿ó®¿¬¿ °»®»¼·¿¿² ¼¿² ¿µ¿² ¼·»«¿·µ¿² »¬·¿° ¿µ¸·® ¬¿¸«² ¾»®¼¿¿®µ¿² ²·´¿· °»®»¼·¿¿² ¿µ¬«¿´ò Ó¿²¿¶»³»² ¾»®°»²¼¿°¿¬ ¾¿¸©¿ ²·´¿· °»®¬¿²¹¹«²¹¿² ¬»®»¾«¬ ½«µ«° «²¬«µ ³»²«¬«°· µ»³«²¹µ·²¿² µ»®«¹·¿² §¿²¹ ¼·¿´¿³· ±´»¸ Õ»´±³°±µ Ë¿¸¿ò
All inventories of the Group were insured against fire, theft, earthquake, volcanic eruption, tsunami and other possible risks with sum insured for Rp 71,541,909 and Rmb 20,000,000 in 2013 and Rp 68,541,909 and Rmb 6,000,000 in 2012 which represent 75% of the average value of inventories and will be adjusted at year end based on actual values of inventories. The management believes that the insurance coverage is adequate to cover possible losses to the Group.
Í»¾¿¹·¿² °»®»¼·¿¿² Õ»´±³°±µ Ë¿¸¿ ¼·¹«²¿µ¿² »¾¿¹¿· ¶¿³·²¿² °·²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ øÝ¿¬¿¬¿² ïí÷ò
Portion of the Group’s inventories was used as collateral for short-term bank loan (Note 13).
8. ADVANCES FOR PURCHASE
8. UANG MUKA PEMBELIAN Ë¿²¹ ³«µ¿ °»³¾»´·¿² »¾»¿® ΰ íéòéëðòîîë ¼¿² ΰ îðòèçëòîëê ³¿·²¹ó³¿·²¹ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ³»®«°¿µ¿² «¿²¹ ³«µ¿ §¿²¹ ¼·¾¿§¿®µ¿² µ»°¿¼¿ °»³¿±µ »¸«¾«²¹¿² ¼»²¹¿² °»³¾»´·¿² ¾¿¸¿² ¾¿µ«ô «µ« ½¿¼¿²¹ ¼¿² ´¿·²²§¿ò
The amounts of advances for purchase amounting to Rp 37,750,225 and Rp 20,895,256 as at December 31, 2013 and 2012 respectively, represent the payments made by the Company, in the relation to the purchase of materials, sparepart and others. 9. DUE FROM RELATED PARTIES
9. PIUTANG KEPADA PIHAK BERELASI
îðïî ΰ
îðïí ΰ
ëòîëéòèíë
ÐÌ Í¿³±´·² Í«®§¿ Ü·µ«®¿²¹·æ
øíòððíòïíë ÷
л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹
îòîëìòéðð
̱¬¿´ Š ²»¬±
PT Samolin Surya Less: Allowance for impairment of receivables Total – net
竬¿²¹ µ»°¿¼¿ ÐÌ Í¿³±´·² Í«®§¿ øÍÍ÷ô °»®«¿¸¿¿² ¿±·¿·ô ³»®«°¿µ¿² °·«¬¿²¹ §¿²¹ ¬·³¾«´ »¶¿µ ¬¿¸«² ïçèç »¸«¾«²¹¿² ¼»²¹¿² °»³¾»®·¿² °·²¶¿³¿² ³±¼¿´ µ»®¶¿ ¼¿² °»³¾¿§¿®¿² ¾»¾¿² ¬»®´»¾·¸ ¼¿¸«´«ò 竬¿²¹ ¬»®»¾«¬ ¬·¼¿µ ¼·µ»²¿µ¿² ¾«²¹¿ »¶¿µ ¬¿¸«² îððî »®¬¿ ¬¿²°¿ ¶¿³·²¿² ¼¿² ¬·¼¿µ ¼·¬»²¬«µ¿² ¶¿¼«¿´ °»²¹»³¾¿´·¿²²§¿ò
Due from PT Samolin Surya (SS), an associate company, represents receivable since 1989 resulting from the working capital provided and advanced payment of expenses. This receivable bears no interest since 2002, does not have any collateral and has no definite repayment term.
п¼¿ ¾«´¿² Ü»»³¾»® îðïíô ÍÍ ¬»´¿¸ ³»²§»´»¿·µ¿² «¬¿²¹²§¿ »¾»¿® ΰ îòîëìòéððô »¼¿²¹µ¿² ·¿ »¾»¿® ΰ íòððíòïíë ¬»´¿¸ ¼·¸¿°«µ¿² ±´»¸ л®«¿¸¿¿² »«¿· ¼»²¹¿² §¿²¹ ¬»´¿¸ ¼·½¿¼¿²¹µ¿² »¾»´«³²§¿ò
In December 31, 2013, SS has settled its balance of payable amounting to Rp 2,254,700. The remaining balance of amounting to Rp 3,003,135 has been written off by the Company which was previously provided with an allowance.
ëð
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
10. PROPERTY, PLANT AND EQUIPMENT
10.ASET TETAP
2013
ï Ö¿²«¿®· îðïí ñ January 1, 2013 ΰ Þ·¿§¿ °»®±´»¸¿²æ л³·´·µ¿² ´¿²¹«²¹æ Ì¿²¿¸ Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±® ß»¬ ¼¿´¿³ °»²§»´»¿·¿²æ Ì¿²¿¸ô ¾¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
л²¿³¾¿¸¿² ñ *) Addition ΰ
íéòêëîòêíí çëòððéòêìï ìêêòìîðòïéï íòççèòëèî
íòçîèòðîê ïîîòéîìòêèì ïòìíçòëîî
øïìòçïêòïíê ÷ øïòîèíòîðð ÷
ììòéèïòîîí
êòêïèòïçì
øïìíòéïê ÷
λµ´¿·º·µ¿· ñ Reclassification ΰ
íï Ü»»³¾»® îðïí ñ December 31, 2013 ΰ
íòççíòïìê íçòïîîòèéè íìíòíçî
êòîìéòçìë ïèòíîçòëïç ìíòêëíòççé ïèêòçîê
ìíòçððòëéè ïîïòîëèòííî êëéòððëòëçì ìòêèëòîîî
øïîòçëîòïðç ÷
ïòëðèòëçì
íçòèïîòïèê
ïðòïìïòêéé îêòéêêòîðì
ïêòîèíòéçê êéòèîêòïçì
øéïìòêëð ÷ øîòìïðòêîï ÷
øìòèîðòêëë ÷ øîïòéçìòìíì ÷
øïðìòéçê ÷
øïòîéîòíèð ÷
íòéïðòìïë
øìòëìêòçéð ÷ øïîòëëð ÷
ïïïòëéîòìêé éîëòïèë
Assets under finance lease: Machinery and equipment Transportation equipment
ïíêòïçç
ìòçëïòíçî
ïððòïéçòèìì ìðìòíêð
ïëòçíçòëçí íííòíéë
̱¬¿´
éèëòìèèòëíì
îìðòðììòééê
øïçòëéíòïïç ÷
êéêòððë ïêòçðïòèëç îèîòêíèòéêï íòëééòéðï
ìëèòïîí ìòéçêòêéí ìðòìïèòëïë èëíòðíè
øïòìêðòîîè ÷ øïòîììòðïî ÷
íðòççèòéîï
íòëíïòêìí
øïìïòîéé÷
îîòçêîòíéì ïèçòìðï
èòëïîòêèë ïçéòïêê
̱¬¿´
íëéòçììòèîî
ëèòéêéòèìí
Ò·´¿· ¾«µ« ²»¬±
ìîéòëìíòéïî
øïòçíçòêèî ÷
îêíòïéì êòííéòîèì íòëðì øêòèîëòéïê ÷
ïîïòêîê
îïòðïïòéçì éðòíèéòíìí
ïòðéìòðêçòïïê
Total
îèéòííí ïòíçèòéçé îðòìèïòíëï ïðíòìèë
ïòìîïòìêï îíòíêðòëðí íìèòìïëòêèí íòîçíòéïê
îïîòîïë
îéòééëòëèê
Accumulated depreciation: Direct acquisition: Land Buildings and improvement Machinery and equipment Transportation equipment Furniture, fixture and office equipment
îçòèðçòéîë íèíòîîè
Assets under finance lease: Machinery and equipment Transportation equipment
éðòðìèòêðé
ß»¬ »©¿ °»³¾·¿§¿¿²æ
Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿²
Ü·µ«®¿²¹· °»²«®«²¿² ²·´¿· ¬»®½¿¬¿¬ ̱¬¿´ ²·´¿· ¬»®½¿¬¿¬ ²»¬±
At cost: Direct acquisition: Land Buildings and improvement Machinery and equipment Transportation equipment Furniture, fixture and office equipment Construction in progress: Land, buildings and improvement Machinery and equipment Furniture, fixture and office equipment
ß»¬ »©¿ °»³¾·¿§¿¿² æ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿²
ßµ«³«´¿· °»²§««¬¿²æ л³·´·µ¿² ´¿²¹«²¹æ Ì¿²¿¸ Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
л²¹«®¿²¹¿² ñ Disposals ΰ
Í»´··¸ µ«® °»²¶¿¾¿®¿² ñ Translation adjustments ΰ
øïòêêëòííì ÷ øíòííç ÷
øîòèìëòëïé÷
øïòèçðòìîé÷
øíïïòëçê ÷
îîòìèíòïèï
ìíìòìëçòçðî
Total
êíçòêðçòîïì
Net book value
øíïïòëçê ÷
ìîéòîíîòïïê
êíçòîçéòêïè
Less impairment in the value of assets Total net carrying value
ö÷
Ì»®³¿«µ ¼¿´¿³ °»²¿³¾¿¸¿² ¿»¬ ¬»¬¿° ¬¿¸«² îðïí ¿¼¿´¿¸ ¿»¬ ¬»¬¿° §¿²¹ ¾»®¿¿´ ¼¿®· ÐÌ Ï«¿²¬»¨ ¼»²¹¿² ²·´¿· °»®±´»¸¿² ¼¿² ¿µ«³«´¿· °»²§««¬¿² ³¿·²¹ó³¿·²¹ »¾»¿® ΰ ïêòðèðòïíì ¼¿² ΰ éòìíëòéíìò
*)
öö÷
λµ´¿·º·µ¿· °¿¼¿ ¬¿¸«² îðïí »¾»¿® ΰ ïòçíçòêèî ø¸¿®¹¿ °»®±´»¸¿²÷ ¼¿² ΰ ïòèçðòìîé ø¿µ«³«´¿· °»²§««¬¿²÷ ³»®«°¿µ¿² ®»µ´¿·º·µ¿· °·®¿²¬· ´«²¿µ µ» ¿»¬ ¬·¼¿µ ¾»®©«¶«¼ øÝ¿¬¿¬¿² ïï÷ò
**) The reclassification amounting to Rp 1,939,682 (accumulated (cost) and Rp 1,890,427 depreciation) represents a reclassification of software to intangible assets (Note 11).
ëï
Include in the additions of property and equipment in 2013 are the property, plant and equipment from PT Quantex consisting of acquisition cost and accumulated depreciation of Rp 16,080,134 and Rp 7,435,734, respectively.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
10.ASET TETAP øÔ¿²¶«¬¿²÷
10. PROPERTY, PLANT AND EQUIPMENT (Continued) 2012
ï Ö¿²«¿®· îðïî ñ January 1, 2012 ΰ Þ·¿§¿ °»®±´»¸¿²æ л³·´·µ¿² ´¿²¹«²¹æ Ì¿²¿¸ Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±® ß»¬ ¼¿´¿³ °»²§»´»¿·¿²æ Ì¿²¿¸ô ¾¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±® ß»¬ »©¿ °»³¾·¿§¿¿² æ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
̱¬¿´ ßµ«³«´¿· °»²§««¬¿²æ л³·´·µ¿² ´¿²¹«²¹æ Ì¿²¿¸ Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
л²¿³¾¿¸¿² ñ Additions ΰ
íìòëèçòìëí ëêòëëïòëçï ìðîòêçíòéïï íòççíòðèç
ïòèïéòêçð êòéçïòíëí êèòìçëòêïî íîòëðð
íéòèèðòïéê
л²¹«®¿²¹¿² ñ Disposals ΰ
λµ´¿·º·µ¿· ñ Reclassification ΰ
Í»´··¸ µ«® °»²¶¿¾¿®¿² ñ Translation adjustments ΰ
íï Ü»»³¾»® îðïî ñ December 31, 2012 ΰ
øíèòìëëòïðë ÷ øèéòèïè ÷
îçòðèëòêíë îìòðïìòëêî îêòèðð
ïòîìëòìçð îòëéçòðêî éòêéïòíçï íìòðïï
íéòêëîòêíí çëòððéòêìï ìêêòìîðòïéï íòççèòëèî
ìòèíîòêîð
øîðîòîëî ÷
îòïðêòéêð
ïêíòçïç
ììòéèïòîîí
ïìòéïêòîìë îçòêçíòîêí
îêòïëìòéçê îíòíïèòèèê
øèéòéçí ÷
øíïòêíïòëëî ÷ øîêòïêçòïëç ÷
çðîòïèç ïïòððé
ïðòïìïòêéé îêòéêêòîðì
íéêòêðè
êìòïëé
øíðìòèïç ÷
îëí
ïíêòïçç
êêòðîïòçèí ìðìòíêð
ííòîìîòíïé
ïððòïéçòèìì ìðìòíêð
Assets under finance lease: Machinery and equipment Transportation equipment Furniture, fixture and office equipment
éèëòìèèòëíì
Total
íðòìêî ïïïòëëð íòíëîòçèí îîòéêé
êéêòððë ïêòçðïòèëç îèîòêíèòéêï íòëééòéðï
ìèòëðí
íðòççèòéîï
Accumulated depreciation: Direct acquisition: Land Buildings and improvement Machinery and equipment Transportation equipment Furniture, fixture and office equipment
çïëòëìì
øìíòééï ÷
ìíòééï
êìêòçêìòîëð
ïêìòéìçòçíï
øíèòèíîòçêè ÷
ïîòêðéòíîí
îêêòðçê ïíòëìçòíîî îìçòëëçòíìë íòììéòêðè
íéçòììê íòîìðòçèé íîòëëèòìëè ïçíòèçì
øìòïçìòëëç ÷ øèêòëêè ÷
îèòíéîòððî
îòèèêòìëè
øîðïòëìë÷
ïëòéçèòíçì èèòíïï
èòíèïòèëé ïðïòðçð
øïòîïéòèéé ÷
íëòîêì
îòêçê
øíéòçêð ÷
̱¬¿´
íïïòïïêòíìî
ìéòéììòèèê
Ò·´¿· ¾«µ« ²»¬±
ííëòèìéòçðè
ïòíêîòëíì
øïðêòêçé ÷
ß»¬ »©¿ °»³¾·¿§¿¿²æ
Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
øìòìèîòêéî÷
îîòçêîòíéì ïèçòìðï
íòëêêòîêë
Ü·µ«®¿²¹· °»²«®«²¿² ²·´¿· ¬»®½¿¬¿¬ ̱¬¿´ ²·´¿· ¬»®½¿¬¿¬ ²»¬±
ííëòèìéòçðè
Total Net book value Less impairment in the value of assets Total net carrying value
Depreciation expense was allocated as follows: îðïí ΰ
̱¬¿´
íëéòçììòèîî
ìîéòîíîòïïê
Þ»¾¿² °»²§««¬¿² ¼·¿´±µ¿·µ¿² »¾¿¹¿· ¾»®·µ«¬æ
ß»¬ »©¿ °»³¾·¿§¿¿² ¹«²¿ «¿¸¿æ Þ·¿§¿ °¿¾®·µ¿· Þ»¾¿² «¿¸¿
Assets under finance lease: Machinery and equipment Transportation equipment Furniture, fixture and office equipment
ìîéòëìíòéïî øíïïòëçê ÷
л³·´·µ¿² ´¿²¹«²¹æ Þ·¿§¿ °¿¾®·µ¿· Þ»¾¿² «¿¸¿
At cost: Direct acquisition: Land Buildings and improvement Machinery and equipment Transportation equipment Furniture, fixture and office equipment Construction in progress: Land, buildings and improvement Machinery and equipment Furniture, fixture and office equipment
îðïî ΰ
ìðòíèèòîìê îòíïíòêçì
íéòééëòììí ïòëðïòèðð
Direct acquisition: Manufacturing expenses Operating expenses
èòëîèòçéê ïðïòïçí
èòíèïòèëé ïðíòéèê
Assets under finance lease: Manufacturing expenses Operating expenses
ëïòííîòïðç
ìéòéììòèèê
Total
ëî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
10.ASET TETAP øÔ¿²¶«¬¿²÷
10. PROPERTY, PLANT AND EQUIPMENT (Continued) Disposal of property plant and equipment are as follows:
л²¶«¿´¿² ¿»¬ ¬»¬¿° ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ îðïí ΰ Ø¿®¹¿ ¶«¿´ ¿»¬ ¬»¬¿° Ò·´¿· ¬»®½¿¬¿¬ Õ»«²¬«²¹¿² øµ»®«¹·¿²÷ °»²¶«¿´¿² ¿»¬ ¬»¬¿°
îðïî ΰ
ïêòëîîòêêð øïëòèîîòéíè÷ êççòççî
ííòëíëòéîè øíìòîêïòîëí÷ øéîëòëîë÷
Proceeds from sale of property, plant and equipment Net carrying amount Gain (loss) on sale of property, plant and equipment
Õ»«²¬«²¹¿² øµ»®«¹·¿²÷ °»²¶«¿´¿² ¿»¬ ¬»¬¿° ¬»®»¾«¬ ¬»®³¿«µ µ»«²¬«²¹¿² øµ»®«¹·¿²÷ §¿²¹ ¾»´«³ ¼·®»¿´·¿· ¼¿®· ¬®¿²¿µ· ¶«¿´ ¼¿² »©¿ µ»³¾¿´· »¾»¿® ΰ ïîëòííë ¼¿² ΰ çìçòëìí ³¿·²¹ó³¿·²¹ «²¬«µ ¬¿¸«² îðïí ¼¿² îðïî §¿²¹ ¼·¿³±®¬·¿· »´¿³¿ ³¿¿ »©¿ µ»³¾¿´·ò Õ»«²¬«²¹¿² øµ»®«¹·¿²÷ §¿²¹ ¾»´«³ ¼·®»¿´·¿· ¼· ¿¶·µ¿² »¾¿¹¿· ¿»¬ ¬·¼¿µ ´¿²½¿® ´¿·²²§¿ °¿¼¿ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿²ò ̱¬¿´ ¿³±®¬·¿· °¿¼¿ ¬¿¸«² îðïí ¼¿² îðïî »¾»¿® ΰ ïçéòïìì ¼¿² ΰ îèðòèíï ¬»´¿¸ ¼·¿´±µ¿·µ¿² »¾¿¹¿· ¾»¾¿² ´¿·²²§¿ °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
Gain (loss) on sale of property, plant and equipment includes unrealized gain (loss) from sale and leaseback transaction amounting to Rp 125,335 and Rp 949,543 which was amortized during the leaseback period. Unrealized gain (loss) is presented as part of other non-current assets in consolidated statement of financial position. In 2013 and 2012, the amortization amounting to Rp 197,144 and Rp 280,831, respectively, were allocated to other expenses in consolidated statement of comprehensive income.
Í»¾¿¹·¿² ¿»¬ ¬»¬¿° ¾»®«°¿ ¬¿²¿¸ô ¾¿²¹«²¿²ô ³»·² ¼¿² °»®¿´¿¬¿² ³·´·µ Õ»´±³°±µ Ë¿¸¿ ¶«¹¿ ¼·¹«²¿µ¿² »¾¿¹¿· ¶¿³·²¿² °·²¶¿³¿² ¾¿²µ øÝ¿¬¿¬¿² ïí÷ò
Portions of land, buildings, machineries and equipment of the Group were used as collateral for bank loan (Notes 13).
ß»¬ »©¿ °»³¾·¿§¿¿² ¼·¹«²¿µ¿² »¾¿¹¿· ¶¿³·²¿² «²¬«µ «¬¿²¹ »©¿ °»³¾·¿§¿¿² øÝ¿¬¿¬¿² ïç÷ò
Assets leased under finance lease were used as collateral for the lease liabilities (Note 19).
Þ¿²¹«²¿²ô ³»·² ¼¿² °»®¿´¿¬¿² ¼¿´¿³ °»²§»´»¿·¿² ¼·°»®µ·®¿µ¿² ¿µ¿² »´»¿· ¿²¬¿®¿ ¬¿¸«² îðïí ¼¿² îðïì ¼»²¹¿² °»®»²¬¿» °»²§»´»¿·¿² ¿²¬¿®¿ ëû ó çëûò
Construction in progress of Building and facilities is estimated to be completed in 2013 and 2014 with the percentage of completion between 5% - 95%.
Õ»´±³°±µ Ë¿¸¿ ³»³·´·µ· ¾»¾»®¿°¿ ¾·¼¿²¹ ¬¿²¿¸ §¿²¹ ¬»®´»¬¿µ ¼· п²¼¿¿²ô Ì¿²¹»®¿²¹ô Ý·µ¿®¿²¹ô Í·¼±¿®¶± ¼¿² Ø»º»· øÝ·²¿÷ ¼»²¹¿² Ø¿µ Ô»¹¿´ ¾»®«°¿ Ø¿µ Ù«²¿ Þ¿²¹«²¿² §¿²¹ ¾»®¶¿²¹µ¿ ©¿µ¬« îð ø¼«¿ °«´«¸÷ ¬¿¸«² ¿³°¿· ¼»²¹¿² íð ø¬·¹¿ °«´«¸÷ ¬¿¸«² §¿²¹ ¿µ¿² ¶¿¬«¸ ¬»³°± °¿¼¿ ¬¿¸«² îðîî ¿³°¿· ¼»²¹¿² ¬¿¸«² îðíì ¼¿² Ø¿µ Ù«²¿ Ì¿²¿¸ §¿²¹ ¾»®¶¿²¹µ¿ ëð ø´·³¿ °«´«¸÷ ¬¿¸«² §¿²¹ ¿µ¿² ¶¿¬«¸ ¬»³°± °¿¼¿ ¬¿¸«² îðëç øØ»º»·ô ݸ·²¿÷ò Ó¿²¿¶»³»² ¾»®°»²¼¿°¿¬ ¾¿¸©¿ ¬·¼¿µ ¬»®¼¿°¿¬ ³¿¿´¿¸ ¼»²¹¿² °»®°¿²¶¿²¹¿² ¸¿µ ¿¬¿ ¬¿²¿¸ µ¿®»²¿ »´«®«¸ ¬¿²¿¸ ¼·°»®±´»¸ »½¿®¿ ¿¸ ¼¿² ¼·¼«µ«²¹ ¼»²¹¿² ¾«µ¬· µ»°»³·´·µ¿² §¿²¹ ³»³¿¼¿·ò
The Group owned several parcels of land located in Pandaan, Tangerang, Cikarang, Sidoarjo and Hefei (China) with Building Use Rights (Hak Guna Bangunan or HGB) for a period between 20 (twenty) to 30 (thirty) years or until 2022 to 2034 and Land Use Right for a period 50 (fifty) years that will mature in 2059 (Hefei, China). Management believes that there will be no difficulty in the extension of the landrights since all lands were acquired legally and supported by sufficient evidence of ownership.
ëí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
10.ASET TETAP øÔ¿²¶«¬¿²÷
10. PROPERTY, PLANT AND EQUIPMENT (Continued)
ß»¬ ¬»¬¿° Õ»´±³°±µ Ë¿¸¿ô µ»½«¿´· ¬¿²¿¸ô ¬»´¿¸ ¼·¿«®¿²·µ¿² ¬»®¸¿¼¿° ®··µ± µ»¾¿µ¿®¿²ô °»²½«®·¿² ¼¿² ®··µ± ´¿·²²§¿ ¼»²¹¿² ¶«³´¿¸ °»®¬¿²¹¹«²¹¿² ³¿·²¹ó ³¿·²¹ »¾»¿® ΰ éëòììêòíèêô ËÍü íëòèëîòïëì ¼¿² γ¾ ïìçòèîîòðéê ¬¿¸«² îðïí ¼¿² ΰ ëëòéìêòíèêô ËÍü íëòèëîòïëì ¼¿² γ¾ èíòéîíòéêç ¬¿¸«² îðïîò
Property, plant and equipment of the Group, except for land, were insured against fire, theft and other possible risks with sum insured for Rp 75,446,386, US$ 35,852,154 and Rmb 149,822,076 in 2013 and Rp 55,746,386, US$ 35,852,154 and Rmb 83,723,769 in 2012.
Ó¿²¿¶»³»² ¾»®°»²¼¿°¿¬ ¾¿¸©¿ ²·´¿· °»®¬¿²¹¹«²¹¿² ¬»®»¾«¬ ½«µ«° «²¬«µ ³»²«¬«°· µ»³«²¹µ·²¿² µ»®«¹·¿² ¿¬¿ ¿»¬ §¿²¹ ¼·°»®¬¿²¹¹«²¹µ¿²ò
The management believes that the insurance coverage is adequate to cover possible losses on the assets insured.
Ó¿²¿¶»³»² ¾»®°»²¼¿°¿¬ ¾¿¸©¿ ²·´¿· ©¿¶¿® ¿»¬ ¬»¬¿° Õ»´±³°±µ Ë¿¸¿ ³»´»¾·¸· ²·´¿· ¬»®½¿¬¿¬²§¿ ¼¿² µ¿®»²¿²§¿ ¬·¼¿µ ¬»®¼¿°¿¬ °»²«®«²¿² ²·´¿· ¿¬¿ ²·´¿· ¬»®½¿¬¿¬ ¿»¬ ¬»¬¿° ¬»®»¾«¬ô µ»½«¿´· ³»·² ¬»®¬»²¬« ³·´·µ ØÐÐÐò ØÐÐÐ ¬»´¿¸ ³»³¾«¿¬ °»²§··¸¿² ¿¬¿ °»²«®«²¿² ²·´¿· ³»·² ¬»®»¾«¬
Management believes that the fair value of the Group’s property, plant and equipment is greater than the carrying amount and accordingly there has been no impairment in carrying amount in property, plant and equipment except certain HPP’s machinery. HPPP has provided a provision for such machinery.
̱¬¿´ ¬»®½¿¬¿¬ ¾®«¬± ¼¿®· »¬·¿° ¿»¬ ¬»¬¿° §¿²¹ ¬»´¿¸ ¼·««¬µ¿² °»²«¸ ¼¿² ³¿·¸ ¼·¹«²¿µ¿² ±´»¸ Õ»´±³°±µ Ë¿¸¿ æ
The gross carrying amounts of each property, plant and equipment which are fully depreciated and are still used by the Group are as follows : îðïî ΰ
îðïí ΰ Þ¿²¹«²¿² ¼¿² °®¿¿®¿²¿ Ó»·² ¼¿² °»®¿´¿¬¿² Õ»²¼¿®¿¿² ײª»²¬¿®· ¼¿² °»®¿´¿¬¿² µ¿²¬±®
íòðîðòçðç ïêëòíéìòèìç îòðêíòïèç îîòïëéòìëì
îòçïëòðîî ïîèòìðëòéðì îòíêïòïêí îðòíèèòèíî
Buildings and improvements Machinery and equipment Transportation equipment Furniture, fixtures and office equipment
̱¬¿´
ïçîòêïêòìðï
ïëìòðéðòéîï
Total
11.ASET TAK BERWUJUD
11. INTANGIBLE ASSETS îðïí ΰ
Þ·¿§¿ °»®±´»¸¿²æ Ù±±¼©·´´ з®¿²¬· ´«²¿µ
îðïî ΰ
íðòèïïòêíè ìòðêîòèçð
ïïòèéèòïìë èîíòìèí
̱¬¿´ ßµ«³«´¿· ¿³±®¬·¿·æ Ù±±¼©·´´ з®¿²¬· ´«²¿µ
íìòèéìòëîè
ïîòéðïòêîè
øïðòîèðòèìê÷ øîòíçêòèìî÷
øïðòîèðòèìê÷ øêêòìçî÷
̱¬¿´
øïîòêééòêèè÷
øïðòíìéòííè÷
Ò»¬±
îîòïçêòèìð
îòíëìòîçð
ëì
Direct acquisition: Goodwill Software Total Accumulated amortization : Goodwill Software Total Net
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
11.ASET TAK BERWUJUD øÔ¿²¶«¬¿²÷
11.INTANGIBLE ASSETS (Continued)
Ù±±¼©·´´ ¬»´¿¸ ¼·¸»²¬·µ¿² ¿³±®¬·¿·²§¿ »¶¿µ ¬¿¸«² îðïïò п¼¿ ¬¿¸«² îðïíô л®«¿¸¿¿² ¬»´¿¸ ³»²¹¿µ«··· ÐÌ Ï«¿²¬»¨ô ¼¿² л®«¿¸¿¿² ³»²¹¿µ«· ¿¼¿²§¿ ¬¿³¾¿¸¿² ¹±±¼©·´´ »¾»¿® ΰïèòçííòìçíò Ó¿²¿¶»³»² ¾»®°»²¼¿°¿¬ ¾¿¸©¿ ¬·¼¿µ ¿¼¿ ·²¼·µ¿· °»²«®«²¿² ²·´¿· ¿¬¿ ¹±±¼©·´´ ¬»®»¾«¬ò
The amortization of goodwill has been ceased since 2011. In 2013, The Company has acquired PT Quantex and the Company was recognized an addition of goodwill amounting to Rp 18,913.493 The Company Managemenet believes that there is no any indication of impairment value of goodwill.
л²¿³¾¿¸¿² ¸¿®¹¿ °»®±´»¸¿² ¼¿² ¿µ«³«´¿· ¿³±®¬·¿· °·®¿²¬· ´«²¿µ ³¿·²¹ ³¿·²¹ »¾»¿® ΰ ïòçíçòêèî ¼¿² ΰ ïòèçðòìîé ³»®«°¿µ¿² ®»µ´¿·º·µ¿· ¼¿®· ¿»¬ ¬»¬¿°ò Í»´«®«¸ ¾»¾¿² ¿³±®¬·¿· °·®¿²¬· ´«²¿µ µ±³°«¬»® »¾»¿® ΰ íèíòéì𠼿² ΰ êêòìçî ³¿·²¹ó³¿·²¹ «²¬«µ ¬¿¸«² îðïí ¼¿² îðïîô ¬»´¿¸ ¼·¿´±µ¿·µ¿² »¾¿¹¿· ¾»¾¿² «¿¸¿ ¬¿¸«² ¾»®¶¿´¿²ô ΰ ëëòêï𠬻´¿¸ ¼·¿´±µ¿·µ¿² »¾¿¹¿· ¾»¾¿² °¿¾®·µ¿· «²¬«µ ¬¿¸«² îðïíò
Additions to cost and accumulated amortization of software amounting to Rp 1,939,682 and Rp 1,890,427, respectively, in 2013 represent a reclassification from fixed assets. All amortization expense of computer software amounting to Rp 383,740 and Rp 66,492 in 2013 and 2012, respectively, have been allocated to operating expense, while Rp 55,610 has been allocated to Manufacturing expense”, in the current year
12.ASET TIDAK LANCAR LAIN-LAIN
Ë¿²¹ ¶¿³·²¿²
12.OTHER NON-CURRENT ASSETS îðïí ΰ
îðïî ΰ
ìòðïðòîêè
ïòëêïòëèð ïòìðèòìêí
Ë¿²¹ ³«µ¿ °»³¾»´·¿² °·®¿²¬· ´«²¿µ Õ»®«¹·¿² ¼·¬¿²¹¹«¸µ¿² ¬®¿²¿µ· ¶«¿´ ¼¿² ¼·»©¿ µ»³¾¿´·ô ²»¬± ̱¬¿´
ëìèòèèï
èéïòíêð
ìòëëçòïìç
íòèìïòìðí
13.PINJAMAN BANK
Guarantee deposits Advance payment for purchase of software Deferred loss on sale and leaseback transactions
13.BANK LOANS îðïí Ó¿¬¿ «¿²¹ ¿·²¹ñ Original currency
îðïî Ó¿¬¿ «¿²¹ ¿·²¹ñ Original currency ΰ
ΰ
Short-term loan
Pinjaman jangka pendek Perusahaan: ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿
ÐÌ Þ¿²µ ÑÝÞÝ Ò×ÍР̾µ
ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µò
Total
×ÜÎ ËÍÜ ÛËÎ ËÍÜ ÛËÎ ÍÙÜ ×ÜÎ ËÍÜ ÛËÎ
ìëòéíéòððè éïðòêéï
ìëòéíéòððè èòêêîòíêç
îòìððòçïî çìòðçì îíìòéèê ëíòììðòêíé ïòìïíòïçî ìçòèçì
îçòîêìòéïç ïòëèîòéçð îòîêðòëïê ëíòììðòêíé ïéòîîëòìðí èíçòîèì
ëë
ïîòêèçòïîê ïòèëîòéïç íêòéëì îòîëêòîèç
ïîòêèçòïîê ïéòçïëòéçê ìéðòèïð îïòèïèòíïð
ïðòëëèòêïî ëïêòèïë
ïðòëëèòêïî ìòççéòêðï
The Company: The Hongkong and Shanghai Banking Corporation Limited, Indonesia PT Bank OCBC NISP Tbk
PT Bank Mandiri (Persero) Tbk.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ îðïí Ó¿¬¿ «¿²¹ ¿·²¹ñ Original currency
îðïî Ó¿¬¿ «¿²¹ ¿·²¹ñ Original currency
ΰ
ΰ
Pinjaman jangka pendek øÔ¿²¶«¬¿²÷
Short-term loan (Continued)
Entitas Anak : ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ×ÜΠݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿ ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ݸ·²¿ ÎÓÞ ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ Š ͸¿²¹¸¿· ËÍÜ
ïéòííèòêêë
ïéòííèòêêë
éòéïêòððè
éòðððòððð
ïíòççìòëðë
îòëêìòèèð
íéìòíìð
ìòëêîòèíð
îêçòîèð
̱¬¿´
ïçìòçðèòéîê
Subsidiaries: The Hongkong and Shanghai Banking Corporation Limited, éòéïêòððè Indonesia The Hongkong and Shanghai Banking íòçìíòìðð Corporation Limited, China PT Bank Mandiri (Persero) Tbk – Shanghai îòêðíòçìð Total
èîòéïíòêðí
Pinjaman jangka panjang Perusahaan: ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ
Long-term loan ×ÜÎ
çêòîîëòïíï
çêòîîëòïíï
èêòîëíòïéï
èêòîëíòïéï
̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô·³·¬»¼ô ײ¼±²»·¿ ËÍÜ
îòíïèòéíé
îèòîêíòðçð
ïòðéêòêêé
ïðòìïïòíêê
The Company: PT Bank Mandiri (Persero) Tbk The Hongkong and Shanghai Banking Corporation Limited, Indonesia
îìòïéïòïîê
Subsidiaries: PT Bank Mandiri (Persero) Tbk – Shanghai
Entitas Anak : ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ Š ͸¿²¹¸¿·
ËÍÜ
̱¬¿´
íòîðìòïëï
íçòðëëòìðï ïêíòëìíòêîî
îòìççòëçç
Total
ïîðòèíëòêêí
Þ¿¹·¿² ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«²
øèëòêîêòïêî÷
øëïòéëðòëîë÷
Þ¿¹·¿² ¶¿²¹µ¿ °¿²¶¿²¹
ééòçïéòìêð
êçòðèëòïíè
Current portion of long termbank loan Long-term loan
PT Bank Mandiri (Persero) Tbk
PT Bank Mandiri (Persero) Tbk
Perusahaan
The Company
п¼¿ ¬¿²¹¹¿´ îí Ó¿®»¬ îðïïô л®«¿¸¿¿² ¬»´¿¸ ³»²¿²¼¿¬¿²¹¿²· °»®¶¿²¶·¿² ¼»²¹¿² ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ «²¬«µ °»³¾·¿§¿¿² µ»³¾¿´· »´«®«¸ º¿·´·¬¿ °·²¶¿³¿² §¿²¹ ¼·°»®±´»¸ л®«¿¸¿¿² °¿¼¿ ÐÌ Þ¿²µ Ý×ÓÞ Ò·¿¹¿ ̾µò 뮶¿²¶·¿² ·²· ¬»´¿¸ ¾»¾»®¿°¿ µ¿´· ¼·«¾¿¸ ¼¿² ¼·°»®°¿²¶¿²¹ô ¿¼¿°«² °»®«¾¿¸¿² ¼¿² °»®°¿²¶¿²¹¿² §¿²¹ ¬»®¿µ¸·® ¼·´¿µ«µ¿² °¿¼¿ ¬¿²¹¹¿´ îî Ó¿®»¬ îðïí ¿¼¿°«² °»®«¾¿¸¿² ¶¿¬«¸ ¬»³°± ¼¿² º¿·´·¬¿ °·²¶¿³¿² »®¬¿ ¶¿³·²¿² »¾¿¹¿· ¾»®·µ«¬ æ
On March 23, 2011, the Company has signed an agreement with PT Bank Mandiri (Persero) Tbk to refinance the Company`s entire bank facilities from PT Bank CIMB Niaga Tbk. The agreement has been amended several times. The latest amandement was made on March 22, 2013 regarding extention of maturity date and changes in facilities collaterals as follows :
ëê
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ PT Bank Mandiri (Persero) Tbk øÔ¿²¶«¬¿²÷
PT Bank Mandiri (Persero) Tbk (Continued)
Perusahaan øÔ¿²¶«¬¿²÷
The Company (Continued)
Ú¿·´·¬¿ §¿²¹ ¼·°»®±´»¸ л®«¿¸¿¿² ¿²¬¿®¿ ´¿·²æ
The loan facilities obtained by the Company as follows :
Š з²¶¿³¿² Ó±¼¿´ Õ»®¶¿ Revolving »¾»¿® ΰ ïðòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¿¬« ¬¿¸«²å Š ÔñÝ ø«¾´·³·¬ ÌñÎ ¼¿² °»³¾·¿§¿¿² «°°´§ ½¸¿·²÷ °»³¾»´·¿² ¾¿¸¿² ¾¿µ« »¾»¿® ËÍü ìòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¿¬« ¬¿¸«²å Š ÔñÝ «²¬«µ °»³¾»´·¿² ³»·² ¼¿² ¬±±´·²¹ »¾»¿® ËÍü ëòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îî Ó¿®»¬ îðïìå Š Õ®»¼·¬ ײª»¬¿· ï »¾»¿® ΰ èéòéëðòðððô §¿²¹ ¶¿¬«¸ ¬»³°± °¿¼¿ ïç Ü»»³¾»® îðïìå
Š Working Capital Revolving Loan amounting to Rp 10,000,000 with one year period; Š L/C (sublimit T/R and financing supply of chain) for raw material purchase amounted to US$ 4,000,000 with one year period; Š L/C for machinery purchase amounting to US$ 5,000,000 which will mature on March 22, 2014; Š Investment Term Loan 1 amounting to Rp 87,750,000, will mature on December 19, 2014; Š Investment Term Loan 2 for capital expenditure purpose) amounting to Rp 25,000,000 with 6 years period from 2011; Š Investment Term Loan 3 and L/C for machineries purchase amounting to Rp. 37,000,000 (or equivalent in US$) with 6 year period from 2011;
Š Õ®»¼·¬ ײª»¬¿· î Š «²¬«µ °»³¾·¿§¿¿² ¾»´¿²¶¿ ³±¼¿´ »¾»¿® ΰ îëòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ê ¬¿¸«² ¼¿®· ¬¿¸«² îðïïå Š Õ®»¼·¬ ײª»¬¿· í ¼¿² Ô»¬¬»® ±º Ý®»¼·¬ øÔñÝ÷ °»³¾»´·¿² ³»·² »¾»¿® ΰ íéòðððòððð ø¿¬¿« »¬¿®¿ ¼¿´¿³ ³¿¬¿ «¿²¹ ËÍü÷ ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ê ¬¿¸«² ¼¿®· ¬¿¸«² îðïïå Š Õ®»¼·¬ ײª»¬¿· ì ø¾¿®«÷ »¾»¿® ΰò ïðòðððòððð «²¬«µ °»³¾·¿§¿¿² ®»²±ª¿· ¾¿²¹«²¿² °¿¾®·µ ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ë ¬¿¸«² ¬»®³¿«µ ³¿¿ °»²¿®·µ¿² ï ¬¿¸«² ¼¿®· ¬¿¸«² îðïíå Š Õ®»¼·¬ ײª»¬¿· Stand By øÞ¿®«÷ «²¬«µ °»³¾·¿§¿¿² ³»·² §¿²¹ ³»²¹¹«²¿µ¿² º¿·´·¬¿ ÔñÝ °»³¾»´·¿² ³»·² »¾»¿® ΰò ìëòðððòððð «²¬«µ ¶¿²¹µ¿ ©¿µ¬« ì ¬¿¸«² ¼¿®· ¬¿¸«² îðïîå Š з²¶¿³¿² Ì®¿²¿µ· Õ¸«« ø¾¿®«÷ »¾»¿® ΰò íêòðððòððð «²¬«µ ¶¿²¹µ¿ ©¿µ¬« íôë ¬¿¸«² ¬»®³¿«µ ³¿¿ °»²¿®·µ¿² ðôë ¬¿¸«² ¼¿®· ¬¿¸«² îðïíå Š л³¾·¿§¿¿² л²¹¿³¾·´¿´·¸¿² Ì¿¹·¸¿² »¾»¿® ΰò ïðòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îî Ó¿®»¬ îðïìå ¼¿² Š Ú¿·´·¬¿ Ì®»¿«®· »¾»¿® ËÍü ïìðòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îî Ó¿®»¬ îðïìò п¼¿ ¬¿²¹¹¿´ îð Ü»»³¾»® îðïíô л®«¿¸¿¿² ¶«¹¿ ³»³°»®±´»¸ ¬¿³¾¿¸¿² º¿·´·¬¿ з²¶¿³¿² Ì®¿²¿µ· Õ¸«« í ø¾¿®«÷ »¾»¿® ΰò ìðòðððòððð «²¬«µ ¬¿³¾¿¸¿² ³±¼¿´ µ»®¶¿ ¼¿² capital expenditure ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ê ¾«´¿²ò
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Š New Investment Loan 4 (new) amounting Rp. 10,000,000 for financing renovation of factory building with a period of 5 years including withdrawal 1 year from 2013; Š New Standby Investment Loan for financing the purchase of machinery and tooling by using L/C facility amounting to Rp 45,000,000 with a period of 4 years from 2012; Š Special term loan (new) amounting to Rp 36,000,000 with period of 3.5 years including the withdrawal 0.5 years from 2013; Š Financing for takeover billing amounting Rp. 10,000,000 with maturities of up to Macrch 22, 2014; and Š Treasury line facility amounting to US$ 140,000 which will mature on March 22, 2014. On December 20, 2013, the company obtained Special Transaction loan facility an additional 3 (new) amounting to Rp. 40,000,000 for additional working capital and capital expenditure with the period for 6 months.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ PT Bank Mandiri (Persero) Tbk øÔ¿²¶«¬¿²÷
PT Bank Mandiri (Persero) Tbk (Continued)
Perusahaan øÔ¿²¶«¬¿²÷
The Company (Continued)
Ú¿·´·¬¿ °·²¶¿³¿² ¬»®»¾«¬ ¼· ¿¬¿ ¼·¶¿³·² ¼»²¹¿² ¶¿³·²¿² »¾¿¹¿· ¾»®·µ«¬ô ¬»®µ»½«¿´· «²¬«µ º¿·´·¬¿ Õ®»¼·¬ ײª»¬¿· îô í ¼¿² ì ¿µ¿² ¼·¶¿³·² ¼»²¹¿² ³»·² ¿¬¿« ¿»¬ §¿²¹ ¼·¾·¿§¿· æ
These facilities are secured by collaterals as follows, except for Investment Term Loan 2, 3 and 4 that will be secured with purchased machineries or the asset itself :
Š 竬¿²¹ «¿¸¿ §¿²¹ ¿¼¿ »µ¿®¿²¹ ¼¿² §¿²¹ ¿µ¿² ¼·³·´·µ· »¾»¿® ΰ íëòðððòððð øÝ¿¬¿¬¿² ê÷å
Š Trade receivables which are currently existing and those that will be owned amounting to Rp 35,000,000 (Note 6); Š Inventories which are currently existing and those that will be owned amounting to Rp 40,000,000 (Note 7); Š Machinery and equipment located in Pandaan amounting Rp 25,000,000 and in Cikarang and Tangerang amounting Rp 30,000,000 (Note 10) Š Machinery of PT Quantex located in Tangerang amounting to Rp4,881,000; Š Land and Buildings (Note 10) Certificates of land use rights No. 175, located in Desa Tawangrejo, Kecamatan Pandaan, Kabupaten Pasuruan, East Java with an area of 58,305 m2 under the name of PT Berlina Tbk and; Certificates of land use rights No.53, located in Desa Wangun Harja, Kecamatan Cibitung, Kabupaten Bekasi, West Java with an area of 39,915 m2 under the name of PT Berlina Tbk. Š The non-voting shares of PT Quantex owned by PT Berlina Tbk with a lien agreement; and Š The non-voting shares of Hefei Paragon Plastic Packaging Co. Ltd., owned by PT Berlina Tbk.
Š л®»¼·¿¿² §¿²¹ ¿¼¿ »µ¿®¿²¹ ¼¿² §¿²¹ ¿µ¿² ¼·³·´·µ· »¾»¿® ΰ ìðòðððòððð øÝ¿¬¿¬¿² é÷å Š Ó»·² ¼¿² л®¿´¿¬¿² §¿²¹ ¾»®´±µ¿· ¼· п²¼¿¿² »¾»¿® ΰ îëòðððòððð »®¬¿ ¼· Ý·µ¿®¿²¹ ¼¿² Ì¿²¹»®¿²¹ »¾»¿® ΰ íðòðððòððð øÝ¿¬¿¬¿² ïð÷å Š Ó»·²ó³»·² ÐÌò Ï«¿²¬»¨ §¿²¹ ¾»®´±µ¿· ¼· Ì¿²¹»®¿²¹ »¾»¿® ΰ ìòèèïòðððå Š Ì¿²¿¸ ¼¿² Þ¿²¹«²¿² øÝ¿¬¿¬¿² ïð÷ æ ÍØÙÞ Ò±ò ïéëô ¾»®´±µ¿· ¼· Ü»¿ Ì¿©¿²¹®»¶±ô Õ»½¿³¿¬¿² п²¼¿¿²ô Õ¿¾«°¿¬»² п«®«¿²ô Ö¿©¿ ¿¬¿ ²¿³¿ Ì·³«® »´«¿ ëèòíðë ³î ÐÌ Þ»®´·²¿ ̾µå ¼¿² ÍØÙÞ Ò±ò ëíô ¾»®´±µ¿· ¼· Ü»¿ É¿²¹«² Ø¿®¶¿ô Õ»½¿³¿¬¿² Ý·¾·¬«²¹ô Õ¿¾«°¿¬»² Þ»µ¿·ô Ö¿©¿ ¿¬¿ ²¿³¿ Þ¿®¿¬ »´«¿ íçòçïë ³î ÐÌ Þ»®´·²¿ ̾µò Š л²¹·µ¿¬¿² ¹¿¼¿· ¿¸¿³ ¬¿²°¿ ¸¿µ «¿®¿ ³·´·µ ÐÌ Þ»®´·²¿ ̾µ ¼· ÐÌò Ï«¿²¬»¨å¼¿² Š л²¹·µ¿¬¿² ¹¿¼¿· ¿¸¿³ ¬¿²°¿ ¸¿µ «¿®¿ ³·´·µ ÐÌ Þ»®´·²¿ ̾µ ¼· Ø»º»· п®¿¹±² д¿¬·½ п½µ¿¹·²¹ ݱò Ô¬¼ò з²¶¿³¿² ·²· ¼·¾»¾¿²µ¿² ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ »¾»¿® ëôîëû ó êû ¼¿² ïðôîëû ó ïïôðû °»® ¬¿¸«² ³¿·²¹ó³¿·²¹ «²¬«µ ³¿¬¿ «¿²¹ ܱ´´¿® ß³»®·µ¿ Í»®·µ¿¬ ¼¿² Ϋ°·¿¸ ײ¼±²»·¿ò
The loan bears interest rates at 5.25% 6% and 10.25% - 11.0% per annum for United States Dollar and Indonesian Rupiah, respectively, with floating interest rates.
Í»¸«¾«²¹¿² ¼»²¹¿² °»®¶¿²¶·¿² µ®»¼·¬ ¬»®»¾«¬ô л®«¿¸¿¿² ³»³·´·µ· µ»©¿¶·¾¿² «²¬«µ ³»³°»®¬¿¸¿²µ¿² ®¿·± µ»«¿²¹¿² §¿²¹ ¿µ¿² ¬»®½»®³·² ¼¿´¿³ ´¿°±®¿² µ»«¿²¹¿² ¿«¼·¬¿² îðïì ¼¿² »¬»®«²§¿ »¾¿¹¿· ¾»®·µ«¬ æ Current Ratio ´»¾·¸ ¼¿®· ïððûå ¼¿² Debt Service Coverage Ratio atas EBITDA dengan nilai minimum 1,2 ; dan Debtto Equity Ratio µ«®¿²¹ ¼¿®· íððûò
In connection with the credit agreement, the Company has an obligation to maintain financial ratios which will be reflected in the 2014 audited financial statements as follows : Current Ratio more than 100% Debt Service Coverage Ratio of EBITDA with minimum value of 1.2; and Debt to Equity Ratio less than 300%.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ PT Bank Mandiri (Persero) Tbk øÔ¿²¶«¬¿²÷
PT Bank Mandiri (Persero) Tbk (Continued)
Entitas Anak
Subsidiary
п¼¿ ¬¿²¹¹¿´ ë Ö«²· îðïîô ØÐÐÐ ¬»´¿¸ ³»²¿²¼¿¬¿²¹¿²· °»®¶¿²¶·¿² ¼»²¹¿² ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µòô Ý¿¾¿²¹ ͸¿²¹¸¿·ô Ý·²¿ô «²¬«µ °»³¾·¿§¿¿² º¿·´·¬¿ó º¿·´·¬¿ °»®¾¿²µ¿² »¾¿¹¿· ¾»®·µ«¬æ
On June 5, 2012, HPPP entered into a loan agreement with PT Bank Mandiri (Persero) Tbk, Shanghai Branch, to refinance the following banking facilities:
Õ®»¼·¬ ײª»¬¿· «²¬«µ °»³¾·¿§¿¿² ³»·² §¿²¹ ³»²¹¹«²¿µ¿² º¿·´·¬¿ ÔñÝ ³¿«°«² ÌñÎ °»³¾»´·¿² ³»·² »¾»¿® ËÍü íòðððòððð «²¬«µ ¶¿²¹µ¿ ©¿µ¬« í ¬¿¸«² ¼»²¹¿² ¾»¾¿² ¾«²¹¿ »¾»¿® Ô×ÞÑÎ õ ìû °»® ¬¿¸«²å Ú¿·´·¬¿ «¾´·³·¬ ÔñÝ Õ®»¼·¬ ײª»¬¿· «²¬«µ °»³¾»´·¿² ³»·² »¾»¿® ËÍü ïòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ï ¬¿¸«²å Ú¿·´·¬¿ ÔñÝ ø«¾´·³·¬ ÌñÎ÷ «²¬«µ °»³¾»´·¿² ¾¿¸¿² ¾¿µ« »¾»¿® ËÍü íòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ï ¬¿¸«²ò Ú¿·´·¬¿ ·²· ¬»´¿¸ ¼·°»®¾¿¸¿®«· ³»´¿´«· °»®¶¿²¶·¿² ¬¿³¾¿¸¿² ¬¿²¹¹¿´ îî Ó»· îðïíô §¿²¹ ³»²¿³¾¿¸ º¿·´·¬¿ ¬»®»¾«¬ ³»²¶¿¼· ËÍü ìòëððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ÌñÎ °´« ÔñÝ ³¿µ·³¿´ ïè𠸿®· ¼»²¹¿² ¾»¾¿² ¾«²¹¿ »¾»¿® Ô×ÞÑÎ õ íôëû °»® ¬¿¸«²å ¼¿²
Investment credit for financing of purchase of machinery which use LC and TR facility amounting to US$ 3,000,000 for a period of 3 years with interest rate at LIBOR + 4% per annum;
Ú¿·´·¬¿ з²¶¿³¿² Þ»®¶¿²¹µ¿ »¾»¿® ËÍü ïòîððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« î ¬¿¸«² ¼¿² ¾«²¹¿ »¾»¿® Ô×ÞÑÎ õ ìû °»® ¬¿¸«²ò
Sublimit investment credit facility in term of LC for purchase of machinery amounting to US$ 1,000,000 for a period of 1 year; LC Facilities (sub-limit TR) for purchase of raw materials amounting to US$ 3,000,000 for a period of 1 year. This facility have been renewed under the additional agreement enter into on May 22, 2013, which add the facility to be US$ 4,500,000 with the period of T/R plus L/C at the maximum 180 days and bears interest rate at LIBOR + 3.5% per annum; and Additional Term Loan facility amounting to US$ 1,200,000 with the period of 2 years and interest rate at LIBOR + 4% per annum. These facilities are secured with the following collaterals:
Ú¿·´·¬¿ ·²· ¼·¶¿³·² ¼»²¹¿² ¶¿³·²¿² »¾¿¹¿· ¾»®·µ«¬æ Ó»·² ¼¿² °»®¿´¿¬¿² ¼»²¹¿² ²·´¿· »¾»¿® ËÍü éòîððòððð øÝ¿¬¿¬¿² ïð÷å ¼¿² Ö¿³·²¿² Õ±®°±®¿· ¼¿®· л®«¿¸¿¿² ¸·²¹¹¿ ËÍü êòðððòðð𠿬¿ »´«®«¸ º¿·´·¬¿ °·²¶¿³¿² §¿²¹ ¼·°»®¹«²¿µ¿² ±´»¸ ØÐÐÐ ¬»®³¿«µ µ¿ ¼»º··¬ò
Machinery and tooling with the value of US$ 7,200,000 (Note 10); and Corporate guarantee from the Company until US$ 6,000,000 for all credit facilities used by HPPP including cash deficit.
Í»¸«¾«²¹¿² ¼»²¹¿² °»®¶¿²¶·¿² µ®»¼·¬ ¬»®»¾«¬ô ØÐÐÐ ³»³·´·µ· µ»©¿¶·¾¿² «²¬«µ ³»³°»®¬¿¸¿²µ¿²æ Debt Service Coverage Ratio ¼»²¹¿² ²·´¿· ³·²·³«³ ï Debt Equity Ratio (Interest Bearing Loan) ¼»²¹¿² ²·´¿· ³¿¨·³«³ ïôëò
Under the agreement, HPPP has a financial covenant to maintain: Debt Service Coverage Ratio at minimum of 1 Debt Equity Ratio (Interest Bearing Loan) at maximum of 1.5
ëç
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷
ò
The Hongkong and Shanghai Banking Corporation, Limited, Indonesia
The Hongkong and Shanghai Corporation, Limited, Indonesia
Perusahaan
The Company
п¼¿ ¬¿²¹¹¿´ è Ö«²· îðïïô л®«¿¸¿¿² ¼¿² ØÍÞÝ ¬»´¿¸ ³»²§»°¿µ¿¬· °»®«¾¿¸¿² 뮶¿²¶·¿² Ú¿·´·¬¿ л®«¿¸¿¿² «²¬«µ °»³¾·¿§¿¿² µ»³¾¿´· »´«®«¸ º¿·´·¬¿ °·²¶¿³¿² §¿²¹ ¼·°»®±´»¸ л®«¿¸¿¿² ³»´¿´«· ÐÌ Þ¿²µ ײ¼«¬®·¿´ ¿²¼ ݱ³³»®½·¿´ Þ¿²µ ±º ݸ·²¿ ø×ÝÞÝ÷ ײ¼±²»·¿ò 뮶¿²¶·¿² ·²· ¬»´¿¸ ³»²¹¿´¿³· ¾»¾»®¿°¿ µ¿´· °»®«¾¿¸¿² ¼¿² °»®°¿²¶¿²¹¿²ò л®«¾¿¸¿² ¬»®¿µ¸·® ¼·´¿µ«µ¿² °¿¼¿ ¬¿²¹¹¿´ îé ß¹«¬« îðïí ¼»²¹¿² °»®§¿®¿¬¿² ¼¿² µ±²¼·· »¾¿¹¿· ¾»®·µ«¬ æ
On June 8, 2011, the Company and HSBC have agreed to change the Company Facilities Agreement to refinance the Company`s entire bank loan facility obtained from PT Bank Industrial and Commercial Bank of China (ICBC) Indonesia. The agreement has been amended several times. The latest amandement was made on August 27, 2013 with the following terms and conditions :
Ú¿·´·¬¿ §¿²¹ ¼·°»®±´»¸ л®«¿¸¿¿² ¿²¬¿®¿ ´¿·²æ
The loan facilities obtained by the Company is as follows :
Š Ô·³·¬ Ù¿¾«²¹¿² ï ø«¾´·³·¬ ÔñÝô ÌÎô °»³¾·¿§¿¿² «°°´·»®ô ÍÕÞÜÒô Þ¿²µ Ù¿®¿²· ¼¿² з²¶¿³¿² Þ»®«´¿²¹ñ몱´ª·²¹ Ô±¿²÷ »¾»¿® ËÍü ìòëððòðððå «²¬«µ °»³¾·¿§¿¿² ³±¼¿´ µ»®¶¿å Š л³¾·¿§¿¿² 竬¿²¹ ܱ³»¬·µ »¾»¿® ΰíðòðððòðððå Š Ú¿·´·¬¿ Ý»®«µ¿² øoverdraftŒ÷ »¾»¿® ΰò ïðòðððòðððå Š Ú¿·´·¬¿ Ì®»¿«®· »¾»¿® ËÍü îëðòðððå Š Ú¿·´·¬¿ Õ¿®¬« Õ®»¼·¬ Õ±®°±®¿· »¾»¿® ΰò ëððòðððå ¼¿² Š Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ î »¾»¿® ËÍü ïòîððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¿³°¿· °¿¼¿ ¬¿²¹¹¿´ ïê Ö«²· îðïì ø¬»®³¿«µ °»®·±¼» ¬»²¹¹¿²¹ øŒ¹®¿½» °»®·±¼»Œ÷ »´¿³¿ ï ¬¿¸«²÷å Š Ô·³·¬ Ù¿¾«²¹¿² î »¾»¿® ËÍü îòðððòðððô «²¬«µ °»³¾·¿§¿¿² ³»·² îðïî ¼»²¹¿² «¾ ´·³·¬ º¿·´·¬¿ »¾¿¹¿· ¾»®·µ«¬æ Ú¿·´·¬¿ Õ®»¼·¬ Þ»®¼±µ«³»² ¼»²¹¿² л³¾¿§¿®¿² Ì»®¬«²¼¿ »¾»¿® ËÍü ïòèððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« íê𠸿®·å Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ í »¾»¿® ËÍü ìððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ìè ¾«´¿²å ¼¿² Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ ì »¾»¿® ËÍü ïòêððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ìè ¾«´¿²
Š Combination limit 1 (sublimit l/C, suppliers financing, Domestic Documentary facility, Bank guarantee, and revolving loans) amounting to US$ 4,500,000; Š Domestic receivable financing amounting to Rp 30,000,000; Š Overdraft facilities amounting to Rp 10,000,000;
êð
Banking
Š Treasury facilities amounting to US$ 250,000; Š Company credit card facility amounting to Rp 500,000; and Š Term loan facilities 2 amounting to US$ 1,200,000 which will mature until June 16, 2014 (including grace period during one year); and Š Combination limit 2 amounting to US$ 2,000,000 for financing the purchase of machinery in 2012 with the sublimit facility as follows: Documentary credit facility with delaying payment amounting to US$ 1,800,000 with the period of 360 days; Term loan facility 3 amounting to US$ 400,000 with a period of 48 months and Term loan facility 4 amounting to US$ 1,600,000 with a period of 48 months
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ The Hongkong and Shanghai Banking Corporation, Limited, Indonesia øÔ¿²¶«¬¿²÷
The Hongkong and Shanghai Banking Corporation, Limited, Indonesia (Continued)
Perusahaan øÔ¿²¶«¬¿²÷
The Company (Continued)
Š Ô·³·¬ Ù¿¾«²¹¿² í »¾»¿® ËÍü íòîððòðððô «²¬«µ °»³¾·¿§¿¿² ³»·² îðïí ¼»²¹¿² «¾ ´·³·¬ º¿·´·¬¿ »¾¿¹¿· ¾»®·µ«¬æ Ú¿·´·¬¿ Õ®»¼·¬ Þ»®¼±µ«³»² ¼»²¹¿² л³¾¿§¿®¿² Ì»®¬«²¼¿ »¾»¿® ËÍü íòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« íê𠸿®·å Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ ë »¾»¿® ËÍü íòîððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ê𠾫´¿²å ¼¿² Š Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ ê »¾»¿® ΰò ëòðððòððð «²¬«µ °»³¾·¿§¿¿² ®»²±ª¿· ¾¿²¹«²¿² ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¿³°¿· ¼»²¹¿² íï Ü»»³¾»® îðïí
Š Combination limit 3 amounting to US$ 3,200,000 for financing the machinery with the following sub limit facility: Documentary credit facility with delaying payment amounting to US$ 3,000,000 with the period of 360 days; Term loan facility 5 amounting to US$ 3,200,000 with the period of 60 months; and Š Term loan facility 6 amounting to Rp 5,000,000 for financing the building renovation with the period until December 31, 2013
Ú¿·´·¬¿ ·²· ¼·¶¿³·² ¼»²¹¿² æ
These facilities are secured by :
л®»¼·¿¿² ¼¿² °·«¬¿²¹ «¿¸¿ ³¿·²¹ó³¿·²¹ »¾»¿® ËÍü ïòïððòðð𠼿² ËÍü ïòðððòððð øÝ¿¬¿¬¿² ê ¼¿² é÷å Ó»·² »¾»¿® ËÍü îòçìðòðð𠼿² ΰ ìòéëðòððð øÝ¿¬¿¬¿² ïð÷å Ì¿²¿¸ ¼¿² ¾¿²¹«²¿² »¾»¿® ΰ îëòðððòððð ¼»²¹¿² ®·²½·¿² »¾¿¹¿· ¾»®·µ«¬æ ÍØÙÞ Ò±ò ïìîëô ¾»®´±µ¿· ¼· Ü»¿ л®·«µ Ö¿§¿ô Õ»½¿³¿¬¿² Ö¿¬· Ë©«²¹ô Õ±¬¿ Ì¿²¹»®¿²¹ô Ö¿©¿ Þ¿®¿¬ »´«¿ ïîòéíî ³î ¿¬¿ ²¿³¿ ÐÌ Þ»®´·²¿ ̾µå ÍØÙÞ Ò±ò ïìîéô ¾»®´±µ¿· ¼· Ü»¿ л®·«µ Ö¿§¿ô Õ»½¿³¿¬¿² Ö¿¬· Ë©«²¹ô Õ±¬¿ Ì¿²¹»®¿²¹ô Ö¿©¿ Þ¿®¿¬ »´«¿ ëìòðíí ³î ¿¬¿ ²¿³¿ ÐÌ Þ»®´·²¿ ̾µå ¼¿² ÍØÙÞ Ò±ò îëïíô ¾»®´±µ¿· ¼· Ü»¿ л®·«µ Ö¿§¿ô Õ»½¿³¿¬¿² Ö¿¬· Ë©«²¹ô Õ±¬¿ Ì¿²¹»®¿²¹ô Ö¿©¿ Þ¿®¿¬ »´«¿ îòïîð ³î ¿¬¿ ²¿³¿ ÐÌ Þ»®´·²¿ ̾µå Õ¸«« «²¬«µ Ô·³·¬ Ù¿¾«²¹¿² î ¼¿² í »®¬¿ Ú¿·´·¬¿ ˬ¿²¹ Þ»®¶¿²¹µ¿ ê ¿µ¿² ¼·¶¿³·² ¼»²¹¿² ¿»¬ §¿²¹ ¼·¾·¿§¿·
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Inventories and trade receivables amounting to US$ 1,500,000 (Note 6 and 7); and Machineries amounting to US$ 2,940,000 and Rp 4,750,000 (Note 10); Land and building amounting to Rp 25,000,000 with detail as follow : Certificates use rights building No. 1425, located in Desa Periuk Jaya, Kecamatan Jati Uwung Kota Tangerang, Jawa Barat with an area of 12,732 mî under the name of PT Berlina Tbk; Certificates use rights building No. 1427, located in Desa Periuk Jaya, Kecamatan Jati Uwung Kota Tangerang, Jawa Barat with an area of 54,033 m2 under the name of PT Berlina Tbk;dan Certificates use rights building No. 2531, located in Desa Periuk Jaya, Kecamatan Jati Uwung Kota Tangerang, Jawa Barat with an area of 2,120 m2 under the name of PT Berlina Tbk; Specifically for Combined Limit 2 and 3 with term loan facility 6 will be secured by the financed assets.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ The Hongkong and Shanghai Banking Corporation, Limited, Indonesia øÔ¿²¶«¬¿²÷
The Hongkong and Shanghai Banking Corporation, Limited, Indonesia (Continued)
Perusahaan øÔ¿²¶«¬¿²÷
The Company (Continued)
Ü¿´¿³ °»®¶¿²¶·¿² °·²¶¿³¿² ¬»®»¾«¬ô л®«¿¸¿² ³»³·´·µ· µ»©¿¶·¾¿² «²¬«µ ³»³°»®¬¿¸¿²µ¿² æ Š ο·± ´¿²½¿® °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ ï æ ï »¬·¿° ¿¿¬å
Under the agreement the Company has an obligation to maintain as follows: Current Ratio at a minimum 1:1 at any point in time; Gearing ratio at a maximum 1,25: 1 at any point in time; Submit the management report every 6 (six) month; EBITDA over interest expense at minimum 3: 1;
Š ο·± Gearing °¿¼¿ ¬·²¹µ¿¬ ³¿µ·³«³ ïôîë æ ï »¬·¿° ¿¿¬å Š Ó»²§»®¿¸µ¿² ´¿°±®¿² ³¿²¿¶»³»² »¬·¿° ê ø»²¿³÷ ¾«´¿²å Š ÛÞ×ÌÜß ¬»®¸¿¼¿° ¾»¾¿² ¾«²¹¿ °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ í æ ïå Š ̱¬¿´ external finance ¬»®¸¿¼¿° ÛÞ×ÌÜß ³¿µ·³«³ í æ ïå Š ο·± ²»¬ ¼»¾¬ ¬»®¸¿¼¿° »µ«·¬¿ ³¿µ·³«³ ïôé æ ïå ¼¿² Š ο·± ÛÞ×ÌÜß ¬»®¸¿¼¿° ¾»¾¿² ¾«²¹¿ô °·²¶¿³¿² ¶¿²¹µ¿ °¿²¶¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«²ô °¿¶¿µô ¼¿² ¼·ª·¼»² ³·²·³«³ ïôîë æ ïò
Total external finance to EBITDA maximum 3:1; Net debt to equity ratio of maximum 1.7: 1; and EBITDA to interest expense, current portion of long term debt; tax and dividend at minimum 1,25:1.
Í»¸«¾«²¹¿² ¼»²¹¿² ¬·²¹¹·²§¿ µ»¹·¿¬¿² ·²ª»¬¿· §¿²¹ ¾»®·³¾¿ °¿¼¿ µ±²¼·· µ»«¿²¹¿² л®«¿¸¿¿²ô °¿¼¿ ¬¿¸«² îðïí Þ¿²µ ³»³¾»®·µ¿² °»²¹»¿³°·²¹¿² øwaiver÷ °»³»²«¸¿² °»®§¿®¿¬¿² ¿¬¿ ®¿·± µ»«¿²¹¿² ¾»®·µ«¬ ·²· æ ο·± ´¿²½¿® °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ ï æ ï »¬·¿° ¿¿¬å ο·± Ù»¿®·²¹ °¿¼¿ ¬·²¹µ¿¬ ³¿µ·³«³ ïôîë æ ï »¬·¿° ¿¿¬å ¼¿² ÛÞ×ÌÜß ¬»®¸¿¼¿° ¾»¾¿² ¾«²¹¿ °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ í æ ïå
With respect to the high investment activities in 2013 that affected the Company's financial condition, the Bank provides a waiver for the following financial ratios : Current Ratio at a minimum 1:1 at any point in time; Gearing ratio at a maximum 1,25: 1 at any point in time; and EBITDA over interest expense at minimum 3: 1
з²¶¿³¿² ·²· ¼·¾»¾¿²µ¿² ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ »¾»¿® ëôïïû ó ëôêîû ¼¿² èòíëû ó ïîôïðû °»® ¬¿¸«² ³¿·²¹ó³¿·²¹ «²¬«µ ³¿¬¿ «¿²¹ ܱ´´¿® ß³»®·µ¿ Í»®·µ¿¬ ¼¿² Ϋ°·¿¸ ײ¼±²»·¿ ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ò
These loans bear interest rates for United Stated Dollar and Indonesia Rupiah between 5.25% - 5.50% and 8.35% - 12.1% per annum, respectively, with floating interest rate.
Ú¿·´·¬¿ ¬»®»¾«¬ ¾»®¿µ¸·® °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² ¿¿¬ ·²· л®«¿¸¿¿² ³¿·¸ ¼¿´¿³ °®±» «²¬«µ ³»³°»®°¿²¶¿²¹ µ»³¾¿´·ò
The loan facilities have expired on December 31, 2013 and currently the Company is still in process to extend the agreement.
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ The Hongkong and Shanghai Banking Corporation, Limited, Indonesia øÔ¿²¶«¬¿²÷
The Hongkong and Shanghai Banking Corporation, Limited, Indonesia (Continued)
Entitas Anak
Subsidiary
п¼¿ ¬¿²¹¹¿´ ïð Ó¿®»¬ îðïðô ÔÐ× ³»²¿²¼¿¬¿²¹¿²· °»®¶¿²¶·¿² º¿·´·¬¿ °»®¾¿²µ¿² ¼»²¹¿² ØÍÞÝò 뮶¿²¶·¿² ¬»®»¾«¬ ¬»´¿¸ ³»²¹¿´¿³· ¾»¾»®¿°¿ µ¿´· °»®«¾¿¸¿² ¬»®¿µ¸·® °¿¼¿ ¬¿²¹¹¿´ îì Ö«²· îðïí ¼»²¹¿² º¿·´·¬¿ó º¿·´·¬¿ »¾¿¹¿· ¾»®·µ«¬æ
On March 10, 2010, LPI has signed bank facilities agreement with HSBC. This agreement has been amended several times, latest on June 24,2013 with facilities as follows:
¿ò Ú¿·´·¬¿ ³±¼¿´ µ»®¶¿ ¹¿¾«²¹¿² »¾»¿® ËÍü íòðððòððð ¼»²¹¿² «¾´·³·¬æ »¾»¿® ïò Ú¿·´·¬¿ µ®»¼·¬ ¼±µ«³»² ËÍü îòëððòðððå îò Ú¿·´·¬¿ µ®»¼·¬ ¾»®¼±µ«³»² ¼»²¹¿² °»³¾¿§¿®¿² ¬»®¬«²¼¿ »¾»¿® ËÍü íòðððòðððå íò Í«®¿¬ µ®»¼·¬ ¾»®¼±µ«³»²¬¿· ´«¿® ²»¹»®· øÍÕÞÜÒ÷ »¾»¿® ËÍü îëðòðððå ¼¿² ìò л³¾·¿§¿¿² °»³¿±µ »¾»¿® ËÍü îòëððòðð𠼿² ΰ îìòðððòðððò ¾ò Ú¿·´·¬¿ µ®»¼·¬ ¾»®¼±µ«³»² ¼»²¹¿² °»³¾¿§¿®¿² ¬»®¬«²¼¿ »¾»¿® ËÍü êòéëðòðððå ½ò Ú¿·´·¬¿ °·²¶¿³¿² ¶¿²¹µ¿ °¿²¶¿²¹ ¼»²¹¿² ½·½·´¿² ¬»¬¿° ï »¾»¿® ËÍü îòðçíòðððå ¼ò Ú¿·´·¬¿ °·²¶¿³¿² ¶¿²¹µ¿ °¿²¶¿²¹ ¼»²¹¿² ½·½·´¿² ¬»¬¿° î »¾»¿® ËÍü îòîððòðððå »ò Ú¿·´·¬¿ °·²¶¿³¿² ¶¿²¹µ¿ °¿²¶¿²¹ ¼»²¹¿² ½·½·´¿² ¬»¬¿° í »¾»¿® ËÍü ïòçíëòðððå °·«¬¿²¹ »¾»¿® ºò Ú¿·´·¬¿ °»³¾·¿§¿¿² ΰ îðòðððòðððå ¼¿² ¹ò Ú¿·´·¬¿ °»³¾·¿§¿¿² ¬®»«®· »¾»¿® ËÍüîëðòðððò
a. Combined limit working capital facility amounted to US$3,000,000, with sublimit: 1. Documentary credit facility amounting to US$ 2,500,000; 2. Deferred payment credit facility amounting to US$ 3,000,000; 3. Overseas letter of credit amounted US$ 250,000; and 4. Supplier financing facility amounting to US$ 2,500,000 and Rp 24,000,000. b. Deferred payment credit facility amounting US$ 6,750,000; c. Reducing balance loan 1 facility amounting US$ 2,093,000; d. Reducing balance loan 2 facility amounting US$ 2,200,000; e. Reducing balance loan 1 facility amounting US$ 1,935,000; f. Receivable financing facility amounting to Rp 20,000,000;and g. Treasury facility amounting to US$ 250,000.
Ú¿·´·¬¿óº¿·´·¬¿ ¬»®»¾«¬ ¼·¶¿³·²µ¿² ¼»²¹¿²æ
These facilities are secured by:
Ì¿²¿¸ ¼¿² ¾¿²¹«²¿² »¾»¿® ΰ éòëððòðððå Ó»·²ó³»·² »¾»¿® ΰ íëòðððòðððå Ó»·²ó³»·² »¾»¿® ËÍÜ êòéëðòðððå л®»¼·¿¿² »¾»¿® ËÍü íòëððòðððå ¼¿² Ô»¬¬»® ±º ˲¼»®¬¿µ·²¹ ¼¿®· °»®«¿¸¿¿² °»³¾·¿§¿¿² «²¬«µ °»³¾»´·¿² ³»·² ¿°¿¾·´¿ ¬±¬¿´ °»²¹¹«²¿¿² º¿·´·¬¿ µ®»¼·¬ ¾»®¼±µ«³»² ¼»²¹¿² °»³¾·¿§¿¿² ¬»®¬«²¼¿ ³»´»¾·¸· ËÍü ïòðððòððð
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Land and building amounting to Rp 7,500,000; Machineries amounting to Rp 35,000,000 ; Machineries amounting to US$ 6,750,000; Inventories amounting to US$ 3,500,000;and Letter of undertaking from finance company for purchase of machinery if deferred payment credit facility exceeds US$ 1,000,000
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13.BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ The Hongkong and Shanghai Banking Corporation, Limited, Indonesia øÔ¿²¶«¬¿²÷
The Hongkong and Shanghai Banking Corporation, Limited, Indonesia (Continued)
Entitas Anak øÔ¿²¶«¬¿²÷
Subsidiary (Continued)
Í»¸«¾«²¹¿² ¼»²¹¿² °»®¶¿²¶·¿² º¿·´·¬¿ °»®¾¿²µ¿²ô ÔÐ× ³»³·´·µ· µ»©¿¶·¾¿² «²¬«µ ³»³°»®¬¿¸¿²µ¿²æ ο·± Ô¿²½¿® °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ ïæï »¬·¿° ¿¿¬å ο¬·± Ù»¿®·²¹ °¿¼¿ ¬·²¹µ¿¬ ³¿µ·³¿´ ïôîëæï »¬·¿° ¿¿¬å ¼¿² ο¬·± Õ»½«µ«°¿² ³»³¾¿§¿® «¬¿²¹ °¿¼¿ ¬·²¹µ¿¬ ³·²·³«³ ïôîëæï
In relation with the bank facilities agreement, LPI is required to retain: Current ratio at a minimum 1:1 at any point in time; Gearing ratio at a maximum 1,25: 1 at any point in time; and Debt service coverage ratio at minimum 1,25: 1 at any point in time
The Hongkong and Shanghai Banking Corporation, China
The Hongkong and Shanghai Banking Corporation, China
Entitas Anak п¼¿ ¬¿²¹¹¿´ ïì ѵ¬±¾»® îðïðô ØÐÐÐ ø»²¬·¬¿ ¿²¿µ÷ ³»²¿²¼¿¬¿²¹¿²· 뮶¿²¶·¿² з²¶¿³¿² ¼»²¹¿² ̸» ر²¹µ±²¹ ¿²¼ ͸¿²¹¸¿· Þ¿²µ·²¹ ݱ®°±®¿¬·±² Ô¬¼òô øØÍÞÝ÷ Ý·²¿ ¼¿² ¬»´¿¸ ¼·®»ª·· ¾»¾»®¿°¿ µ¿´·ô ¼¿² °»®«¾¿¸¿² ¬»®¿µ¸·® °¿¼¿ ¬¿²¹¹¿´ ì Ó¿®»¬ îðïí ¼·³¿²¿ ØÐÐÐ ³»³°»®±´»¸ º¿·´·¬¿ ¾»®«°¿æ Š з²¶¿³¿² Þ»®¶¿²¹µ¿ »¾»¿® γ¾ ïíòèíðòðððå Š з²¶¿³¿² λµ»²·²¹ Õ±®¿² »¾»¿® γ¾ íçðòðððå Š Ú¿·´·¬¿ ׳°±® ÔñÝ »¾»¿® γ¾ êòéèðòðððå
Subsidiary On October 14, 2010, HPPP (subsidiary) has signed a loan agreement with The Hongkong and Shanghai Banking Corporation Ltd., (HSBC) China and has been amended on February 11, 2011, where HPPP obtained facilities as follow:
Š Ú¿·´·¬¿ з²¶¿³¿² ׳°±®¬ »¾»¿® ËÍü íòðððòððð ¼»²¹¿² ¾«²¹¿ ÌñÎ »¾»¿® Í×ÞÑÎ õ íôëû °»® ¬¿¸«²å ¼¿² Š Ú¿·´·¬¿ л³¾·¿§¿¿² 竬¿²¹ »¾»¿® γ¾ éòðððòððð ¼»²¹¿² ¾«²¹¿ »¾»¿® ÐÞÑÝ ®¿¬» õ ðôéëûò
Š Term Loans amounting to Rmb 13,830,000; Š Overdraft facilities amounting to Rmb 390,000; to Š Import L/C Facilities amounting Rmb 6,780,000; Š Revolving Loans for Working Capital facility amounting to Rmb 7,000,000 with interest rate at PBOC ;and Š Import Facility loan amounting to US$ 3,000,000 wih T/R interest rate at SIBOR + 3.5% per annum; and Š To receivable financing facility amounting to Rmb 7,000,000 with interest rate at PBOC +0.75%.
Ú¿·´·¬¿ ¬»®»¾«¬ ³»³·´·µ· ´·³·¬ µ±³¾·²¿· γ¾ îïòðððòððð ¼»²¹¿² °»®·±¼» ï ¬¿¸«² §¿²¹ ¼·³«´¿· »¬»´¿¸ °»´«²¿¿² »´«®«¸ °·²¶¿³¿² ¾¿²µ »¾»´«³²§¿ò
limit of These facilities have combined Rmb 21,000,000 with 1 year period starting from full repayment of prior bank loan.
Ú¿·´·¬¿ ¬»®»¾«¬ ¼·¶¿³·² ¼»²¹¿² ¶¿³·²¿² µ±®°±®¿· »²·´¿· ËÍü íòðððòððð »®¬¿ ¬¿²¿¸ ¼¿² ¾¿²¹«²¿² ØÐÐÐ øÝ¿¬¿¬¿² ïð÷ò
These facilities are secired with corporate guarantee in the amount of US$ 3,000,000 and HPPP’s land and building (Note 10).
Š Ú¿·´·¬¿ з²¶¿³¿² Ó±¼¿´ Õ»®¶¿ 몱´ª·²¹ »¾»¿® γ¾ éòðððòððð ¼»²¹¿² ¾«²¹¿ »¾»¿® ÐÞÑÝ ®¿¬»å
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The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
13. BANK LOANS (Continued)
13.PINJAMAN BANK øÔ¿²¶«¬¿²÷ PT Bank OCBC NISP Tbk
PT Bank OCBC NISP Tbk
Perusahaan
The Company
п¼¿ ¬¿²¹¹¿´ ë Ö«´· îððëô л®«¿¸¿¿² ³»²¿²¼¿¬¿²¹¿²· 뮶¿²¶·¿² °·²¶¿³¿² ¼¿² ¬»´¿¸ ³»²¹¿´¿³· ¾»¾»®¿°¿ µ¿´· °»®«¾¿¸¿²ò Ì»®¿µ¸·® °¿¼¿ ¬¿²¹¹¿´ ë Ü»»³¾»® îðïí ¼·³¿²¿ л®«¿¸¿¿² ³»³°»®±´»¸ ¾»¾»®¿°¿ º¿·´·¬¿ °·²¶¿³¿² »¾¿¹¿· ¾»®·µ«¬ æ
On July 5, 2005, the Company signed a loan agreement which has been amended several times. The most recent of which was dated November 1, 2012 where the Company obtained the following credit facilities :
Š Ô·³·¬ Õ±³¾·²¿· Trade øÔñÝ ¼¿² °»³¾·¿§¿¿² «°°´·»®÷ »¾»¿® ËÍü ëòðððòðððå Š Ú¿·´·¬¿ з²¶¿³¿² ¿¬¿ л®³·²¬¿¿² »¾»¿® ËÍü ëððòðððå Š Ú¿·´·¬¿ Ý»®«µ¿² øoverdraft÷ ΰ ëòðððòðððå Š Ú¿·´·¬¿ Ì®»¿«®· »¾»¿® ËÍü îòëððòðððå ¼¿² Š Ú¿·´·¬¿ з²¶¿³¿² Þ»®¶¿²¹µ¿ «²¬«µ °»³¾·¿§¿¿² ³»·² »¾»¿® ËÍü îòïððòðððô ¼»²¹¿² «¾´·³·¬ ÔñÝ ¼¿² °·²¶¿³¿² ¾»®¶¿²¹µ¿ °»®·±¼» ë ¬¿¸«² °´« ³¿¿ ¬»²¹¹¿²¹ øŒgrace periodŒ÷ ïè ¾«´¿² ¼¿®· ¬¿²¹¹¿´ ÞñÔò
Š Combined Trade Limit (L/C and supplier financing) amounting to US$ 4,000,000; Š Demand Loan amounting to US$ 500,000;
Ú¿·´·¬¿ ·²· ¿µ¿² ¶¿¬«¸ ¬»³°± °¿¼¿ ¬¿²¹¹¿´ ë Ü»»³¾»® îðïìò
These facilities will mature on December 5, 2014.
Ú¿·´·¬¿ °·²¶¿³¿² ¼· ¿¬¿ ¼·¶¿³·² ¼»²¹¿² ³»·² »¾»¿® ΰ îïòíèçòîðð øÝ¿¬¿¬¿² ïð÷ ¼¿² °»®»¼·¿¿² øÝ¿¬¿¬¿² é÷ »¾»¿® ΰ îðòðððòðððò Õ¸«« «²¬«µ Ú¿·´·¬¿ з²¶¿³¿² Þ»®¶¿²¹µ¿ ¿µ¿² ¼·¶¿³·² ¼»²¹¿² ³»·² §¿²¹ ¼·¾·¿§¿·ò
Machineries and inventories are used as collateral for the above loan facilities in the amount of Rp 21,389,200 (Note 10) and Rp 20,000,000 (Note 7), respectively. Specialy revolving loan with financing machinery as a pledge.
Í»¸«¾«²¹¿² ¼»²¹¿² º¿·´·¬¿ §¿²¹ ¼·¾»®·µ¿²ò л®«¿¸¿¿² ³»³·´·µ· µ»©¿¶·¾¿² «²¬«µ ³»³°»®¬¿¸¿²µ¿²æ Š ο·± ¬±¬¿´ ´·¿¾·´·¬¿ ¬»®¸¿¼¿° µ»µ¿§¿¿² ¾»®©«¶«¼ µ±²±´·¼¿·¿² ²»¬± ´»¾·¸ µ»½·´ ¼¿®· îôë µ¿´· å Š ο·± ´¿²½¿® ´»¾·¸ ¾»¿® ¼¿®· ï µ¿´· å Š Õ»µ¿§¿¿² µ±²±´·¼¿·¿² ²»¬± ¬·¼¿µ µ«®¿²¹ ¼¿®· ΰ îððòðððòððð å ¼¿² Š Debt service coverage ratio ¬·¼¿µ µ«®¿²¹ ¼¿®· ïôîë µ¿´·ò
In relation with these facilities, the Company is required to maintain: Š The ratio of total liabilities to consolidated tangible networth not more than 2.5 times; Š Minimum current ratio above 1 time; Š Minimum consolidated net worth not less than Rp 200,000,000; and Š Minimum of Debt service coverage ratio not less than 1,25 times.
з²¿¶¿³¿² ·²· ¼·¾»¾¿²µ¿² ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ »¾»¿® ëôëðû ó ëôéëû ¼¿² ïðôëû ó ïïôððû °»® ¬¿¸«² ³¿·²¹ó³¿·²¹ «²¬«µ ³¿¬¿ «¿²¹ ܱ´´¿® ß³»®·µ¿ Í»®·µ¿¬ ¼¿² Ϋ°·¿¸ ײ¼±²»·¿ ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ò
These loans bear interest rates for United Stated Dollar and Indonesia Rupiah between 5.50% - 5.75% and 10.5% - 11.00% per annum, respectively, with floating interest rate.
êë
Š Overdraft Facility of Rp 5,000,000; Š Treasury Facility of US$ 2,500,000; and Š Revolving Loans for financing machinery amounting US$ 2,100,000, with sublimit L/C and revolving loan with 5 years period plus grace period 18 months from B/L date.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
14.UTANG USAHA
14.TRADE PAYABLES îðïí ΰ
¿ò Þ»®¼¿¿®µ¿² °»³¿±µ æ з¸¿µ µ»¬·¹¿ æ л³¿±µ ¼¿´¿³ ²»¹»®· л³¿±µ ´«¿® ²»¹»®· ̱¬¿´ ¾ò Þ»®¼¿¿®µ¿² ³¿¬¿ «¿²¹ æ Ϋ°·¿¸ ܱ´¿® ßÍ Ç«¿² λ²³·²¾· ݸ·²¿ Û«®± Ú®¿²½ Í©· ܱ´¿® Í·²¹¿°«®¿ Ç»² Ö»°¿²¹ ̱¬¿´
îðïî ΰ
èçòëéèòêìí éèòêèîòëîè
ëçòçïðòççé êîòéêîòêçí
a. By creditor Third parties : Local suppliers Foreign suppliers
ïêèòîêïòïéï
ïîîòêéíòêçð
Total
éðòìêìòçìð ìíòðêéòççë ëïòêëîòíèí îòïðêòèðð ééèòìçê ïçðòëëé Š
ìèòðçìòëîé íëòéêíòçêè íêòîëçòíîè ïòîíìòîèï ïòïîðòïîç ïíðòîçî éïòïêë
By currency Rupiah US Dollar China Yuan Renminbi Euro Swiss Francs Singapore Dollar Japan Yen
ïêèòîêïòïéï
ïîîòêéíòêçð
Total
b.
Ö¿²¹µ¿ ©¿µ¬« µ®»¼·¬ §¿²¹ ¬·³¾«´ ¼¿®· °»³¾»´·¿² ¾¿¸¿² ¾¿µ« «¬¿³¿ ¼¿² °»³¾¿²¬«ô ¾¿·µ ¼¿®· °»³¿±µ ¼¿´¿³ ³¿«°«² ´«¿® ²»¹»®· ¾»®µ·¿® íð ¿³°¿· ïî𠸿®·ò
Purchases of raw and indirect materials, both from local and foreign suppliers have credit terms of 30 to 120 days.
Ì·¼¿µ ¿¼¿ ¶¿³·²¿² §¿²¹ ¼·¾»®·µ¿² ±´»¸ Õ»´±³°±µ Ë¿¸¿ ¬»®¸¿¼¿° «¬¿²¹ ¬»®»¾«¬ô ¼¿² ¬·¼¿µ ¬»®¼¿°¿¬ «¬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿·ò
The Group did not pledge any collateral against these payables and there is no payable to related parties.
15.UTANG LAIN-LAIN
15.OTHER PAYABLES îðïî ΰ
îðïí ΰ
íòîêêòïðé
çïïòçìë ëïéòéïí ìòðèíòìéî ìòíëëòèéï
Salaries and wages Service fee Dividends Expeditions Retention Others
èòéêéòîçè
çòèêçòððï
Total
Ù¿¶· ¼¿² «°¿¸ Ö¿¿ °»´¿§¿²¿² Ü·ª·¼»² Þ»¾¿² °»²¹·®·³¿² 묻²· Ô¿·²ó´¿·²
îòîçìòçëí ïòèèìòëíé ïòðìéòçëí îéíòéìè
̱¬¿´
Š
êê
Š Š
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
16. UTANG PEMBELIAN ASET TETAP
16. PURCHASE OF PROPERTY, PLANT AND EQUIPMENT PAYABLE îðïí ΰ
a. Jangka pendek п½µ§ Ù´±¾¿´ øÍ©·¬¦»®´¿²¼÷ Ô¬¼ ݱ³¾·¬±±´ Ô¬¼ ßÎÞËÎÙ Ù³¾Ø ݱ ÕÙò ß±µ· Ì»½¸²·½¿´ Ô¿¾±®¿¬±®§ô ײ½ò Õ¿· Ó»· д¿¬·½ Ó¿½¸·²»®§ ݱòô Ô¬¼ò ÐÌ Ø¿®§»µ¿©¿² ß¾¿¼· ˲·´±§ Ó·´¿½®±² Ù»®³¿²§ Ù³¾¸ Ù·±³¿¬·½ λµ¿¬¿³¿ Ô¿·²ó´¿·² ø³¿·²¹ó³¿·²¹ ¼· ¾¿©¿¸ ΰ íððòððð÷ ̱¬¿´ b. Jangka panjang п½µ§ Ù´±¾¿´ øÍ©·¬¦»®´¿²¼÷ Ô¬¼ ݱ³¾·¬±±´ Ô¬¼ ˲·´±§ Ó·´¿½®±² Ù»®³¿²§ Ù³¾¸ ÐÌ Ý¸¿²¼®¿ Í¿µ¬· ˬ¿³¿ Ô»¿·²¹ ̱¬¿´
îðïî ΰ
êòðíîòíéï îòêêíòçêë êòîéêòìïê îòëìïòïçí ïòéðêòìêð íèèòèëî Š Š
Š
éòçìïòëêç ëòïðêòëíì éòèðêòìéí Š Š
ïíòìîìòéíí ìððòððð
íèíòêðè
çðìòèèï
ïçòççîòèêë
íëòëèìòïçð
a. Short-term Packsys Global (Switzerland) Ltd Combitool Ltd ARBURG GmbH Co KG Aoki Technical Laboratory, Inc. Kai Mei Plastic Machinery Co., Ltd. PT Harysekawan Abadi Uniloy Milacron Germany Gmbh Giomatic Rekatama Others (below Rp 300,000 each) Total
ëìòîçïòííè îíòçéëòêèè íêòêðíòìëí éòçççòðíî
Š Š Š Š
b. Long-term Packsys Global (Switzerland) Ltd Combitool Ltd Uniloy Milacron Germany Gmbh PT Chandra Sakti Utama Leasing
ïîîòèêçòëïï
Š
Total
ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° ¶¿²¹µ¿ °¿²¶¿²¹ µ»°¿¼¿ п½µ§ Ù´±¾¿´ øÍ©·¬¦»®´¿²¼÷ Ô¬¼òô ݱ³¾·¬±±´ Ô¬¼òô ¼¿² ˲·´±§ Ó·´¿½®±² Ù»®³¿²§ Ù³¾¸ ³»®«°¿µ¿² ¿´¼± ¿¬¿ °»³¾»´·¿² ¿»¬ ¬»¬¿° §¿²¹ ³»²¹¹«²¿µ¿² º¿·´·¬¿ Letter of Credit (L/C) ¼¿®· ¾¿²µ §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ íê𠸿®·ò п¼¿ ¿¿¬ ¶¿¬«¸ ¬»³°±ô °»³¾¿§¿®¿² ¼·¼¿²¿· ¼»²¹¿² °·²¶¿³¿² ¶¿²¹µ¿ ¾¿²µ ¶¿²¹µ¿ °¿²¶¿²¹ò Í»¼¿²¹µ¿² «¬¿²¹ µ»°¿¼¿ ÐÌ Ý¸¿²¼®¿ Í¿µ¬· ˬ¿³¿ Ô»¿·²¹ øл®«¿¸¿¿² Ô»¿·²¹÷ô ³»®«°¿µ¿² °»³¾¿§¿®¿² «¿²¹ ³«µ¿ ¼¿®· °»®«¿¸¿¿² ´»¿·²¹ «²¬«µ °»³¾»´·¿² ¿»¬ ´»¿·²¹ µ»°¿¼¿ °»³¿±µòò
The balance of the purchase of property, plant and equipment payable to Packsys Global (Switzerland) Ltd., Combitool Ltd., and Uniloy Milacron Germany Gmbh., represent the outstanding balance of payable on the purchase of property, plant and equipment using the Letter of Credit facility from the banks with maturity within 360 days. When the L/C is due, the payment will be financed by the long-term credit facility from the banks. The payable to PT Chandra Sakti Utama Leasing (Leasing Company), represents the advance payment from leasing company pertaining to purchase of lease assets to supplier. 17. SALES ADVANCE
17. UANG MUKA PENJUALAN Ë¿²¹ ³«µ¿ °»²¶«¿´¿² °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ³¿·²¹ó³¿·²¹ »¾»¿® ΰ îïòèêêòëíî ¼¿² ΰ êèîòîïï ³»®«°¿µ¿² «¿²¹ ³«µ¿ §¿²¹ ¼·¬»®·³¿ ¼¿®· °»´¿²¹¹¿² »¸«¾«²¹¿² ¼»²¹¿² °»²¶«¿´¿² Õ»´±³°±µ Ë¿¸¿ô ¬»®³¿«µ «¿²¹ ³«µ¿ §¿²¹ ¼·¬»®·³¿ »¸«¾«²¹¿² ¼»²¹¿² ¬®¿²¿µ¿· ¶«¿´ ¼¿² »©¿ µ»³¾¿´· øsale and leaseback transaction÷ »¾»¿® ΰ ïèòîïéòîéé °¿¼¿ ¬¿¸«² îðïí ¼¿®· °»®«¿¸¿¿² ´»¿·²¹ò
êé
The total amounts of sales advances as at December 31, 2013 and 2012 is Rp 21,866,532 and Rp 682,211, respectively, represent cash received from customers in relation to the Groups’s sales, including advances received from leasing company in relation to the sale and leaseback transaction amounting to Rp 18,217,277 in 2013.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
18. BEBAN MASIH HARUS DIBAYAR
18. ACCRUED EXPENSES îðïí ΰ
îðïî ΰ
ο¾¿¬ Ô·¬®·µô ¿·®ô ¬»´»°±² Ù¿¶· ¼¿² «°¿¸ Þ«²¹¿ Þ·¿§¿ °»²¹·®·³¿² Þ»¾¿² ·³°±®¬ п¶¿µ ¬¿¸«² »¾»´«³²§¿ ¼¿² ¼»²¼¿ øÝ¿¬¿¬¿² ìî÷ Ô¿·²ó´¿·²
ïîòðíéòëðî ëòçêìòéïí îòçèëòêðí ïòëèèòííè çíêòèðé èïðòííî
îòðððòððð îòéëìòïèï îòêééòêéë ëïìòìëî îîèòìðë îêìòîðé
éêèòðëê íòêèèòêêç
èçìòéðî
Rebate Electricity, water and telephone Salaries and wages Interest Freight in Import expenses Prior year’s tax and penalties (Note 42) Others
̱¬¿´
îèòéèðòðîð
çòíííòêîî
Total
19. UTANG SEWA PEMBIAYAAN
19. OBLIGATION UNDER FINANCE LEASES
a. Berdasarkan jatuh tempo
a. îðïí ΰ
л³¾¿§¿®¿² §¿²¹ ¶¿¬«¸ ¬»³°± °¿¼¿ ¬¿¸«² æ îðïí îðïì îðïë îðïê îðïé îðïè
íðòðéèòðìî ïéòçëèòîçì ïïòèëéòìíî íòéîìòèêï íçéòïëì
ïêòîééòçìé îîòíîêòðíè ïéòèèíòêèë èòìîîòêîë ìòëëëòëçì
̱¬¿´ °»³¾¿§¿®¿² ³·²·³«³ »©¿ °»³¾·¿§¿¿² Þ«²¹¿ Ò·´¿· ¬«²¿· °»³¾¿§¿®¿² ³·²·³«³ »©¿ °»³¾·¿§¿¿²
êìòðïëòéèí øëòçééòððé ÷
êçòìêëòèèç øéòíïêòèêî ÷
ëèòðíèòééê
êîòïìçòðîé
Þ¿¹·¿² §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ©¿µ¬« ¿¬« ¬¿¸«²
øîêòééêòëéï ÷
øîíòíïçòìðè ÷
íïòîêîòîðë
íèòèîçòêïç
Þ¿¹·¿² ¶¿²¹µ¿ °¿²¶¿²¹
By due date
îðïî ΰ
êè
Minimum lease payments : 2013 2014 2015 2016 2017 2018 Total minimum lease payments Interest Present value of minimum lease payments Current portion of obligation under finance lease Long-term portion
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
19. UTANG SEWA PEMBIAYAAN øÔ¿²¶«¬¿²÷
19. OBLIGATION UNDER FINANCE LEASES (Continued)
b. Berdasarkan lessor
b. îðïí ΰ
îðïî ΰ
ÐÌ Ý¸¿²¼®¿ Í¿µ¬· ˬ¿³¿ Ô»¿·²¹ ÐÌ Ñ®·¨ ײ¼±²»·¿ Ú·²¿²½» ÐÌ ß®¬¸¿¿·¿ Ú·²¿²½» ÐÌ ß¬®¿ ײ¬»®²¿¬·±²¿´ ÐÌ Ì·º¿ Ú·²¿²½» ÐÌ Ì±§±¬¿ ߬®¿ ÚÍ ÐÌ ß¬®¿ Í»¼¿§¿ Ú·²¿²½»
íðòëðëòêðè îðòíïîòçëç éòîðêòéðé ïíòëðî
ìêòèèîòîíî ïíòçëêòðîð
̱¬¿´
ëèòðíèòééê
êîòïìçòðîé
Total
20. POST-EMPLOYMENT BENEFIT OBLIGATION
20. IMBALAN PASCA KERJA Õ»©¿¶·¾¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ Õ»´±³°±µ Ë¿¸¿ ¼¿´¿³ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
The Group’s obligations in respect to these postemployment benefits included in the consolidated statements of financial position are as follows: îðïî ΰ
îðïí ΰ
Ô·¿¾·´·¬¿ ²»¬±
ïòïèîòïðì éìòêêï ëìòðïð
PT Chandra Sakti Utama Leasing PT Orix Indonesia Finance PT Arthaasia Finance PT Astra International PT Tifa Finance PT Astra International PT Astra Sedaya Finance
The management of the Company and LPI established a policy to purchase most of machinery and equipment, transportation equipment and equipment through direct lease agreement with the lessors noted above. The lease agreements have a term of 35 years with effective interest rates per annum between 6.5% - 14% in 2013 and 6.5% - 16% in 2012. The obligation under finance leases were secured by the related leased assets (Note 10).
Ó¿²¿¶»³»² л®«¿¸¿¿² ¼¿² ÔÐ× ³»²»¬¿°µ¿² µ»¾·¶¿µ¿² «²¬«µ ³»³¾»´· »¾¿¹·¿² ¾»¿® ³»·² ¼¿² °»®´»²¹µ¿°¿²ô µ»²¼¿®¿¿² ¼¿² °»®¿´¿¬¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² »©¿ °»³¾·¿§¿¿² ³»´¿´«· °»®¶¿²¶·¿² »©¿ °»³¾·¿§¿¿² ´¿²¹«²¹ ¼»²¹¿² ´»±® »°»®¬· §¿²¹ ¼·»¾«¬µ¿² ¼· ¿¬¿ò 뮶¿²¶·¿² »©¿ °»³¾·¿§¿¿² ¬»®»¾«¬ ®¿¬¿ó®¿¬¿ ¾»®¶¿²¹µ¿ ©¿µ¬« íóë ¬¿¸«² ¼»²¹¿² ¬·²¹µ¿¬ ¾«²¹¿ »º»µ¬·º °»® ¬¿¸«² ¿²¬¿®¿ êôëû ó ïìû «²¬«µ ¬¿¸«² îðïí ¼¿² êôëû ó ïêû «²¬«µ ¬¿¸«² îðïîò ˬ¿²¹ ·²· ¼·¶¿³·² ¼»²¹¿² ¿»¬ ¬»¬¿° »©¿ ¹«²¿ «¿¸¿ §¿²¹ ¾»®¿²¹µ«¬¿² øÝ¿¬¿¬¿² ïð÷ò
Ò·´¿· µ·²· ´·¿¾·´·¬¿ ¶¿¿ ´¿´« Ò·´¿· ©¿¶¿® ¿»¬ Þ»¾¿² ¶¿¿ ´¿´« ¾»´«³ ¼·¿µ«· Õ»®«¹·¿² ¿µ¬«¿®·¿´ §¿²¹ ¾»´«³ ¼·¿µ«·
By lessor
ìðòíïïòðîê øéòïéîòéïì ÷ øïíðòîëí ÷ øïðòðîïòïïï ÷
ìðòëíðòçìî øèòëíìòíçí÷ øîîëòëîï÷ øïìòêîíòíîî÷
îîòçèêòçìè
ïéòïìéòéðê
êç
Present value of defined benefit obligation Fair value of plan asset Unrecognized past service cost Unrecognized actuarial loss Net liability
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
20. IMBALAN PASCA KERJA øÔ¿²¶«¬¿²÷
20. POST-EMPLOYMENT BENEFIT OBLIGATION (Continued) Changes in present value of benefit obligation
л®«¾¿¸¿² ¼¿´¿³ ²·´¿· µ·²· µ»©¿¶·¾¿² ³¿²º¿¿¬ µ»®¶¿ îðïí ΰ Ò·´¿· µ·²· µ»©¿¶·¾¿² ³¿²º¿¿¬ µ»®¶¿ ¿©¿´ ¬¿¸«² Þ»¾¿² ¶¿¿ µ·²· Þ»¾¿² ¾«²¹¿ Ý«®¬¿·´³»²¬ ¼¿² °»²§»´»¿·¿² л³¾¿§¿®¿² ³¿²º¿¿¬ Õ»®«¹·¿² ¿½¬«¿®·¿´ ¿¬¿ µ»©¿¶·¾¿² ̱¬¿´
îðïî ΰ
ìðòëíðòçìî ìòðëðòçïè îòîèèòììì øîòêðéòíðë ÷ øíòçëïòçéí ÷
ííòðîèòëïð íòîêçòïïë îòðíïòëçê øçíçòîëí÷ øëðéòëíð ÷ íòêìèòëðì
ìðòíïïòðîê
ìðòëíðòçìî
Þ»¾¿² °¿½¿ µ»®¶¿ §¿²¹ ¼·¿µ«· ¼¿´¿³ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
îðïî ΰ
Þ»¾¿² ¶¿¿ µ·²· Þ»¾¿²¾«²¹¿ Þ»¾¿² ¶¿¿ ´¿´« ß³±®¬·¿· µ»®«¹·¿² øµ»«²¬«²¹¿²÷ ¿µ¬«¿®·¿ Ø¿·´ §¿²¹ ¼·¸¿®¿° ¼¿®· ¿»¬ Ü¿³°¿µ curtailment
ìòðëðòçïè îòîèèòììì çëòîêè
íòîêçòïïë îòðíïòëçê çëòîêè
̱¬¿´
êòéëíòêêì
Ó«¬¿· ´·¿¾·´·¬¿ ²»¬± ¼¿´¿³ ¬¿¸«² ¾»®¶¿´¿² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
Current service cost Interest cost Past service cost
êèéòëïð Amortization of actuarial loss (gain) øëîìòïéï÷ Expected return on plan asset øéíïòîêê÷ Effect of curtailment ìòèîèòðëî
Total
Movements in the post-employment benefits obligation in the current year are as follows :
îðïí ΰ
îðïî ΰ
Í¿´¼± ¿©¿´ ¬¿¸«² л³¾¿§¿®¿² ³¿²º¿¿¬ Õ±²¬®·¾«· ¬¿¸«² ¾»®¶¿´¿² л²»®·³¿¿² ¼¿®· °»²¼¿²¿¿² Þ»¾¿² ¬¿¸«² ¾»®¶¿´¿²
ïéòïìéòéðê øîòêðéòíðë ÷ ïòêçîòèèí êòéëíòêêì
ïíòêìðòéìì øëðéòëîç÷ øîòðððòððð÷ ïòïèêòìíç ìòèîèòðëî
Í¿´¼± ¿µ¸·® ¬¿¸«²
îîòçèêòçìè
ïéòïìéòéðê
éð
Total
Employee benefits expense recognized in consolidated statements of comprehensive income are as follows:
îðïí ΰ
èíîòêïè øëïíòëèì ÷
Present value of benefit obligation at beginning of year Current service cost Interest cost Curtailment and Settlement Benefit payment Actuarial losses on obligation
Beginning of the year Benefit payment Contribution payment Benefits payment from plan asset Amount charged to expense End of the year
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
20. IMBALAN PASCA KERJA øÔ¿²¶«¬¿²÷
20. POST-EMPLOYMENT BENEFIT OBLIGATION (Continued) The five year history of experience adjustments is as follows:
л²§»«¿·¿² °®±¹®¿³ «²¬«µ °»®·±¼» ´·³¿ ¬¿¸«² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ îðïí ΰ
îðïî ΰ
îðïï ΰ
îðïð ΰ
îððç ΰ PVBO:
ÐÊÞÑ
Ò·´¿· µ·²· µ»©¿¶·¾¿² ³¿²º¿¿¬ µ»®¶¿
ìðòíïïòðîê
ìðòëíðòçìî
л²§»«¿·¿² ¸·¬±®· ø²·´¿·÷ л²§»«¿·¿² ¸·¬±®· øû÷
íòìçéòêëë èôêèû
çèîòðëè îôìîû
ÚÊß Ò·´¿· ©¿¶¿® ¿»¬ °®±¹®¿³
éòïéîòéïì
èòëíìòíçí
л²§»«¿·¿² ¸·¬±®· ø²·´¿·÷ л²§»«¿·¿² ¸·¬±®· øû÷
øïèîòíèð ÷ óîôëìû
ííòðîèòëïð øéïðòïïî ÷ óîôïëû éòìðçòçïð
øíïëòéîç ÷ óíôéðû
øìëîòèìï ÷ óêôïïû
л®¸·¬«²¹¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ ¼· ¿¬¿ ¼·¸·¬«²¹ ±´»¸ ¿µ¬«¿®· ·²¼»°»²¼»² ÐÌ Ð¿¼³¿ ο¼§¿ ßµ¬«¿®·¿ò ß«³· «¬¿³¿ §¿²¹ ¼·¹«²¿µ¿² ¼¿´¿³ ³»²»²¬«µ¿² °»²·´¿·¿² ¿µ¬«¿®·¿ ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
л®«¿¸¿²ô ÔÐ× ¼¿² ÏÌÈñ The Company, LPI and QTXæ Ì·²¹µ¿¬ ¼·µ±²¬±ñ Discount rate Ì·²¹µ¿¬ µ»²¿·µ¿² ¹¿¶·ñ Salary increment rate Ì·²¹µ¿¬ °»²¹»³¾¿´·¿² ¿»¬ °®±¹®¿³ñ Rate of investment return Ì·²¹µ¿¬ µ»³¿¬·¿²ñ Mortality rate Ì·²¹µ¿¬ ½¿½¿¬ñ Disability rate Ì·²¹µ¿¬ °»²¹«²¼«®¿² ¼·®·ñ Resignation rate
îéòïîéòîîé
îðòïìèòéîï
ïòïðéòðëì ìôðèû
îïïòèïð ïôðëû
êòîïðòìðî
ëòïìëòëðê
øïòïîîòðìé ÷ óïèôðéû
øìçîòîîê ÷ óçôëéû
Present value of benefit obligation Experience adjustments (value) Interest cost
FVA: Fair value of asset Experience adjustments (value) Interest cost
The post-employement benefits above were calculated by an independent actuary, PT Padma Radya Aktuaria. The actuarial valuation was carried out using the following key assumptions: îðïí
îðïî
èòèðû éû
êòððû éû
éû éû ïððû ÌÓ×î ïððû ÌÓ×î ëû ÌÓ×î ëû ÌÓ×î íôëðû °¿ ¿³°¿· «·¿ íí ¬¿¸«² íòëðû °¿ ¿³°¿· «·¿ íí ¬¿¸«² µ»³«¼·¿² ³»²«®«² ´·²»¿® ³»²«¶« µ»³«¼·¿² ³»²«®«² ´·²»¿® ³»²«¶« ðû °¿ ¼· «·¿ ëë ¬¿¸«² ñ 3.50% ðû °¿ ¼· «·¿ ëë ¬¿¸«² ñ 3.50% p.a. until the age of 33 and then p.a. until the age of 33 and then decreases linearly towards 0% decreases linearly towards 0% p.a. after age 55 p.a. after age 55 Ю±°±®· °»²·±²ñ Normal retirement proportion ïððû ïððû
л®«¿¸¿¿²ô ÔÐ× ¼¿² ÏÌÈ ³»³¾«µ«µ¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ ·³¾¿´¿² °¿¬· «²¬«µ »³«¿ µ¿®§¿©¿² §¿²¹ ³»³»²«¸· °»®§¿®¿¬¿² »«¿· ¼»²¹¿² ˲¼¿²¹ó˲¼¿²¹ Õ»¬»²¿¹¿µ»®¶¿¿² Ò±ò ïíñîððíò Ю±¹®¿³ ·²· ¼·¼¿²¿· ±´»¸ л®«¿¸¿¿² ¼¿² ÔÐ× ³»´¿´«· °»³¾¿§¿®¿² °®»³· ¿«®¿²· µ»°¿¼¿ ÐÌ ß«®¿²· Ö·©¿ Í»¯«· Ô·º» »¶¿µ ¬¿²¹¹¿´ ï Ü»»³¾»® îððìò Ö«³´¿¸ µ¿®§¿©¿² §¿²¹ ¾»®¸¿µ ¿¬¿ ·³¾¿´¿² °¿½¿ µ»®¶¿ ¬»®»¾«¬ ¿¼¿´¿¸ èèë ¼¿² éèè µ¿®§¿©¿² ³¿·²¹ó³¿·²¹ «²¬«µ ¬¿¸«² îðïí ¼¿² îðïîò
éï
The Company, LPI and QTX provide postemployment benefits for all its qualified employees in accordance with Labor Law No. 13/2003. The defined benefit plan is funded through premiums paid for the insurance policy entered by the Company and LPI with PT Asuransi Sequis Life starting December 1, 2004. The numbers of employees entitled to the benefits were 885 and 788 persons in 2013 and 2012, respectively.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
21. MODAL SAHAM
21. CAPITAL STOCK Details of stockholders based on the stock register maintained by PT Adimitra Transferindo, the share administrator, as at December 31, 2013 and 2012 are as follows:
Í««²¿² °»³»¹¿²¹ ¿¸¿³ ¾»®¼¿¿®µ¿² ½¿¬¿¬¿² Þ·®± ß¼³·²·¬®¿· Ûº»µ ÐÌ ß¼·³·¬®¿ Ì®¿²º»®·²¼± °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïî ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
îðïí
Ò¿³¿ °»³»¹¿²¹ ¿¸¿³
ÐÌ Ü©· Í¿¬®§¿ ˬ¿³¿ Ô·¶¿²¬± ̶·°¬±¾·¿²¬±®± Š Õ±³·¿®· ˬ¿³¿ ߬³¿¼¶¿ ̶·°¬±¾·¿²¬±®± Ó¿§¿®¿µ¿¬ ø³¿·²¹ó³¿·²¹ µ«®¿²¹ ¼¿®· ëû÷ ̱¬¿´
Ö«³´¿¸ ¿¸¿³ ø²·´¿· °»²«¸÷ñ Number of Shares (full amount)
л®»²¬¿» °»³·´·µ¿² ñ Percentage of ownership û
Ö«³´¿¸ ³±¼¿´ ¼·»¬±® ñ Total paid-up capital ΰ
Name of stockholder
íëìòèîëòððð
ëïôìî
ïéòéìïòîëð
êìòçéìòððð íìòððìòëðð
çôìî ìôçí
íòîìèòéðð ïòéððòîîë
PT Dwi Satrya Utama Lisjanto Tjiptobiantoro President Commissioner Atmadja Tjiptobiantoro
îíêòïçêòëðð
íìôîí
ïïòèðçòèîë
Public (less than 5% each)
êçðòðððòððð
ïððôðð
íìòëððòððð
Total
îðïî
Ò¿³¿ °»³»¹¿²¹ ¿¸¿³ ÐÌ Ü©· Í¿¬®§¿ ˬ¿³¿ Ô·¶¿²¬± ̶·°¬±¾·¿²¬±®± Š Õ±³·¿®· ˬ¿³¿ ߬³¿¼¶¿ ̶·°¬±¾·¿²¬±®± Ó¿§¿®¿µ¿¬ ø³¿·²¹ó³¿·²¹ µ«®¿²¹ ¼¿®· ëû÷ ̱¬¿´
Ö«³´¿¸ ¿¸¿³ ø²·´¿· °»²«¸÷ñ Number of Shares (full amount)
л®»²¬¿» °»³·´·µ¿² ñ Percentage of ownership û
Ö«³´¿¸ ³±¼¿´ ¼·»¬±® ñ Total paid-up capital ΰ
Name of stockholder
íëìòèîëòððð
ëïôìî
ïéòéìïòîëð
êçòëéìòððð ìðòðíîòððð
ïðôðè ëôèð
íòìéèòéðð îòððïòêðð
PT Dwi Satrya Utama Lisjanto Tjiptobiantoro President Commissioner Atmadja Tjiptobiantoro
îîëòëêçòððð
íîôêç
ïïòîéèòìëð
Public (less than 5% each)
êçðòðððòððð
ïððôðð
íìòëððòððð
Total
Based on the notarial deed No. 25 dated June 21, 2012 of Diah Guntari L. Soemarwoto S.H, the Company conducted a stock split for its shares from 300,000,000 shares with par value of Rp 250 per share (full amount) to 1,500,000,000 shares with par value of Rp 50 per share (full amount). Therefore, the issued and fully paid up capital became 690,000.000 shares or equivalent to Rp 34,500,000.
Þ»®¼¿¿®µ¿² ¿µ¬¿ ²±¬¿®· Ò±ò îë ¬¿²¹¹¿´ îï Ö«²· îðïî ¼¿®· Ü·¿¸ Ù«²¬¿®· Ôò ͱ»³¿®©±¬± ÍòØòô л®«¿¸¿¿² ³»´¿µ«µ¿² °»³»½¿¸¿² ¿¸¿³ ¼¿®· íððòðððòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰ îëð °»® ¿¸¿³ ø²·´¿· °»²«¸÷ ³»²¶¿¼· ïòëððòðððòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰ ëð °»® ¿¸¿³ ø²·´¿· °»²«¸÷ò Í»¸·²¹¹¿ ³±¼¿´ ¼·¬»³°¿¬µ¿² ¼¿² ¼·»¬±® °»²«¸ ³»²¶¿¼· êçðòðððòðð𠿸¿³ ¿¬¿« »µ«·ª¿´»² ¼»²¹¿² ΰ íìòëððòðð𠻬»´¿¸ °»³»½¿¸¿² ¿¸¿³ò
éî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
22.TAMBAHAN MODAL DISETOR
22.ADDITIONAL PAID-IN CAPITAL This account represents additional paid-in capital in connection with the following:
ßµ«² ·²· ³»®«°¿µ¿² ¿¹·± ¿¸¿³ »¸«¾«²¹¿² ¼»²¹¿² ¬®¿²¿µ· ¾»®·µ«¬æ ΰ л²»®¾·¬¿² ïòéë𠿸¿³ ³»´¿´«· °»²¿©¿®¿² «³«³ ¬¿¸«² ïçèç л³¾¿¹·¿² ¿¸¿³ ¾±²« ¬¿¸«² ïççè
ïîòðéëòððð øïïòëððòððð÷
̱¬¿´ Š ²»¬±
Issuance of 1,750 shares through public offering in 1989 Distribution of bonus shares in 1998 Total – net
ëéëòððð
23.KOMPONEN EKUITAS LAINNYA
23.OTHER EQUITY COMPONENTS îðïí
Í¿´¼± ¿©¿´ ñ Beginning balance ΰ Í»´··¸ µ«® µ¿®»²¿ °»²¶¿¾¿®¿² ´¿°±®¿² µ»«¿²¹¿² ̱¬¿´
ïêòìéîòçîï ïêòìéîòçîï
л²¼¿°¿¬¿² µ±³°®»¸»²·º ´¿·²²§¿ñ Other comprehensive income ΰ
Í¿´¼± ¿µ¸·®ñ Ô¿¾¿ ¼·¬¿¸¿² Ending Balance ñ Retained earnings ΰ ΰ Foreign exchange difference due to ëðòíîìòèíê translation of financial statements ëðòíîìòèíê Total
ííòèëïòçïë ííòèëïòçïë îðïî
Í¿´¼± ¿©¿´ ñ Beginning balance ΰ Õ»«²¬«²¹¿² øµ»®«¹·¿²÷ ¾»´«³ ¼·®»¿´·¿· ¼¿®· °»³·´·µ¿² »º»µ ¶¿²¹µ¿ °»²¼»µ Í»´··¸ µ«® µ¿®»²¿ °»²¶¿¾¿®¿² ´¿°±®¿² µ»«¿²¹¿² ̱¬¿´
л²¼¿°¿¬¿² µ±³°®»¸»²·º ´¿·²²§¿ñ Other comprehensive income ΰ
ïïðòìðî ïðòíîëòçëë ïðòìíêòíëé
Ô¿¾¿ ¼·¬¿¸¿² ñ Retained Í¿´¼± ¿µ¸·®ñ earnings Ending Balance ΰ ΰ øïïðòìðî÷
êòïìêòçêê êòïìêòçêê
éí
øïïðòìðî÷
Unrealized gain (loss) on short-term investment in marketable securities. Foreign exchange difference due to ïêòìéîòçîï translation of financial statements ïêòìéîòçîï Total
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
24.KEPENTINGAN NON PENGENDALI
24.NON-CONTROLLING INTEREST Details of non-controlling interest in the equity and share of results of consolidated subsidiaries are as follows :
η²½·¿² µ»°»²¬·²¹¿² ²±² °»²¹»²¼¿´· ¿¬¿ »µ«·¬¿ ¼¿² ¾¿¹·¿² ¿¬¿ ¸¿·´ ²»¬± »²¬·¬¿ ¿²¿µ §¿²¹ ¼·µ±²±´·¼¿·¿² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
îðïí
Û²¬·¬¿ ß²¿µ
ßµ«··· »²¬·¬¿ ¿²¿µ/ Í¿´¼± ¿©¿´/ Acquisition of Beginning subsidiaries balance ΰ ΰ
ÐÌ Ô¿³·°¿µ Ю·³«´¿ ײ¼±²»·¿ ÐÌ Ï«¿²¬»¨
îëòèíëòêëï
̱¬¿´
îëòèíëòêëï
̱¬¿´ ®«¹· µ±³°®»¸»²·º ñ Total comprehensive loss ΰ
л³¾¿¹·¿² ¼·ª·¼»²/ Cash dividend ΰ
Subsidiary
øïòèððòððð ÷
øîòèéçòîìê÷ îïòïëêòìðë øïíòçëì÷ éìòéçç
PT Lamipak Primula Indonesia PT Quantex
øïòèððòððð ÷
øîòèçíòîðð÷ îïòîíïòîðì
Total
èèòéëí èèòéëí
Í¿´¼± ¿µ¸·®/ Ending Balance ΰ
îðïî
Û²¬·¬¿ ß²¿µ ÐÌ Ô¿³·°¿µ Ю·³«´¿ ײ¼±²»·¿
Í¿´¼± ¿©¿´ ñ Beginning balance ΰ îïòèïðòêìí
л³¾¿¹·¿² ¼·ª·¼»²ñ
̱¬¿´ ´¿¾¿ µ±³°®»¸»²·º ñ Total comprehensive income ΰ
Cash dividend ΰ øçððòððð ÷
ìòçîëòððè
25.DIVIDEN DAN SALDO LABA YANG DITENTUKAN PENGGUNAANNYA
Í¿´¼± ¿µ¸·®ñ Ending Balance ΰ îëòèíëòêëï
Subsidiary PT Lamipak Primula Indonesia
25.DIVIDENDS AND APPROPRIATED RETAINED EARNINGS
Þ»®¼¿¿®µ¿² ο°¿¬ ˳«³ л³»¹¿²¹ Í¿¸¿³ Ì¿¸«²¿² ¬¿²¹¹¿´ ïç Ö«²· îðïíô °»³»¹¿²¹ ¿¸¿³ ³»²§»¬«¶«· °»²¹¹«²¿¿² ´¿¾¿ ²»¬± §¿²¹ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µ ³¿·²¹ó³¿·²¹ »¾»¿® ΰ ííòéðïòîèî »¾¿¹¿· ´¿¾¿ ¼·¬¿¸¿²ô ¼¿² ΰ ïëòèéðòððð øΰ îí °»® ¿¸¿³ ¼¿´¿³ ²·´¿· °»²«¸÷ »¾¿¹¿· ¼·ª·¼»² µ¿ «²¬«µ ¬¿¸«² ¾«µ« îðïîò
Based on the annual general meeting of stockholders held on June 19, 2013, the stockholders approved the use of net profit attributable to owners of Parent entity amounting to Rp 33,701,282 for retained earnings, and Rp 15,870,000 (Rp 23 per share in full amount) for cash dividends for the year 2012.
Þ»®¼¿¿®µ¿² ο°¿¬ ˳«³ л³»¹¿²¹ Í¿¸¿³ Ì¿¸«²¿² ¬¿²¹¹¿´ îï Ö«²· îðïîô °»³»¹¿²¹ ¿¸¿³ ³»²§»¬«¶«· °»²¹¹«²¿¿² ´¿¾¿ ²»¬± §¿²¹ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ °»³·´·µ »²¬·¬¿ ·²¼«µ ³¿·²¹ó³¿·²¹ »¾»¿® ΰ îéòêðéòëçç »¾¿¹¿· ´¿¾¿ ¼·¬¿¸¿²ô ¼¿² ΰ ïîòìîðòððð øΰ çð °»® ¿¸¿³ ¼¿´¿³ ²·´¿· °»²«¸ »¾»´«³ °»³»½¿¸¿² ¿¸¿³ øÝ¿¬¿¬¿² îï÷÷ »¾¿¹¿· ¼·ª·¼»² µ¿ «²¬«µ ¬¿¸«² ¾«µ« îðïïò
Based on the annual general meeting of stockholders held on June 21, 2012, the stockholders approved the use of net profit attributable to owners of Parent entity amounting to Rp 27,607,599 for retained earnings, and Rp 12,420,000 (Rp 90 per share in full amount before stock split (Note 21)) for cash dividends for the year 2011.
éì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
26.PENJUALAN NETO
26.NET SALES îðïí ΰ
îðïî ΰ
з¸¿µ µ»¬·¹¿ Ô±µ¿´ 묫® ñ °±¬±²¹¿² °»²¶«¿´¿² ´±µ¿´ Ô«¿® ²»¹»®·
êêèòéèðòìèð øèòððîòðçð÷ íððòîîïòëéë
êðìòçìïòìïë øïîòììêòìëê÷ îììòìçïòëðì
̱¬¿´ Š ²»¬±
çêðòçççòçêë
èíêòçèêòìêí
Third parties Local Sales returns / discount Overseas Total – net
Ü¿´¿³ °»²¶«¿´¿² ´«¿® ²»¹»®· ¬»®³¿«µ ¼· ¼¿´¿³²§¿ °»²¶«¿´¿² ±´»¸ ØÐÐÐ øÛ²¬·¬¿ ß²¿µ÷ µ»°¿¼¿ °»´¿²¹¹¿² ´±µ¿´ ¼· Ý·²¿ ³¿·²¹ó³¿·²¹ »¾»¿® ΰ îêêòìïïòíðê øîè û÷ ¼¿² ΰ îïéòîíèòêêï øîê û÷ ¬¿¸«² îðïí ¼¿² îðïîò
Overseas sales include sales by HPPP (subsidiary) to local customers in China amounted to Rp 266,411,306 (28 %) and Rp 217,238,661 (26 %) in 2013 and 2012, respectively.
л²¶«¿´¿² §¿²¹ ³»´»¾·¸· ïðû ¼¿®· ¬±¬¿´ °»²¶«¿´¿² ²»¬± °¿¼¿ ¬¿¸«² îðïí ¼¿² îðïîô ¼·´¿µ«µ¿² ¼»²¹¿² Ù®«° ˲·´»ª»® ø°·¸¿µ µ»¬·¹¿÷ ¼»²¹¿² ¬±¬¿´ °»²¶«¿´¿² ³¿·²¹ó³¿·²¹ »¾»¿® ΰ êêðòéíðòéêì øêçû÷ ¼¿² ΰ ëéðòìçðòêìì øêèû÷ò Ì·¼¿µ ¬»®¼¿°¿¬ °»²¶«¿´¿² °¿¼¿ °·¸¿µ ¾»®»´¿· ¬¿¸«² îðïí ¼¿² îðïîò
Sales which represent more than 10% of total sales in 2013 and 2012 which were made to Unilever Group (third party) amounted to Rp 660,730,764 (69%) and Rp 570,490,644 (68%), respectively. There were no sales made to related parties in 2013 and 2012.
27.BEBAN POKOK PENJUALAN
27.COST OF GOODS SOLD îðïí ΰ
îðïî ΰ
Þ¿¸¿² ¾¿µ« §¿²¹ ¼·¹«²¿µ¿² Ì»²¿¹¿ µ»®¶¿ ´¿²¹«²¹ Þ·¿§¿ °¿¾®·µ¿·
ëììòîðêòêîê éïòëíéòíëì ïèêòìëëòçéï
ììèòìëéòîêè ëðòëíéòçèç ïëêòëéïòîçë
Raw materials used Direct labor Manufacturing expenses
̱¬¿´ ¾·¿§¿ °®±¼«µ·
èðîòïççòçëï
êëëòëêêòëëî
Total manufacturing cost
л®»¼·¿¿² ¾¿®¿²¹ ¼¿´¿³ °®±» ß©¿´ ¬¿¸«² л²¿³¾¿¸¿² ´»©¿¬ ¿µ«··· ßµ¸·® ¬¿¸«² л²¹¸¿°«¿² ø°»³«´·¸¿²÷ °»²§··¸¿² °»®»¼·¿¿²
ïìòëðêòëêé ïòîïçòêéí øîíòíîéòéëé÷ øíòðìì÷
ïëòîïëòðèç øïìòëðêòëêé÷ íòðìì
Þ»¾¿² °±µ±µ °®±¼«µ·
éçìòëçëòíçð
êëêòîéèòïïè
л®»¼·¿¿² ¾¿®¿²¹ ¶¿¼· ß©¿´ ¬¿¸«² л²¿³¾¿¸¿² ´»©¿¬ ¿µ«··· л³¾»´·¿² л²¹¸¿°«¿² ø°»³«´·¸¿²÷ °»²§··¸¿² °»®»¼·¿¿² ßµ¸·® ¬¿¸«²
îçòëðíòîíê íèïòëïè ëòçêìòðîì
îëòéîçòêçì
íòéðìòçèè øìîòëðîòéèé÷
øïçðòïíê÷ øîçòëðíòîíê÷
Þ»¾¿² °±µ±µ °»²¶«¿´¿²
éçïòêìêòíêç
êëéòêïðòêëì
éë
Š
ëòîçêòîïì
Work in-process At beginning of year Addition from acquisition At end of year Provision (reversal) for obsolete inventory Cost of goods manufactured Finished goods At beginning of year Addition from acquisition Purchases Provision (reversal) for obsolete inventory At end of year Cost of goods sold
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
27.BEBAN POKOK PENJUALAN øÔ¿²¶«¬¿²÷
27.COST OF GOODS SOLD (Continued)
Þ»®·µ«¬ ·²· ¿¼¿´¿¸ ®·²½·¿² °»³¾»´·¿² ¾¿¸¿² ¾¿µ« §¿²¹ ³»´»¾·¸· ïðû ¼¿®· ¶«³´¿¸ °»³¾»´·¿² ²»¬± °¿¼¿ ¬¿¸«² îðïí ¼¿² îðïîæ
ݸ»ª®±² и·´·° 묮±´»«³ Í·²¹¿°±®» Ь»ò Ô¬¼ò ÐÌ Ü¿· Ò·°°±² Ю·²¬·²¹ ײ¼±²»·¿ ̱¬¿´
Purchases of raw materials in 2013 and 2012 include purchases from the following suppliers which represent more than 10% of the net purchases: îðïî ΰ
îðïí ΰ
û
èçòðîèòðíí ëêòîíìòëíê
ïê ïð
éîòëìèòèëé íëòìíîòéìè
ïê è
Chevron Philips Petroleum Singapore Pte. Ltdò PT Dai Nippon Printing Indonesia
ïìëòîêîòëêç
îê
ïðéòçèïòêðë
îì
Total
28.PENDAPATAN LAINNYA
û
28.OTHER INCOME îðïî ΰ
îðïí ΰ л²¶«¿´¿² ¾¿®¿²¹ ¾»µ¿
êòçìîòìíì
íòéîðòïèï
Ô¿¾¿ °»´»°¿¿² ¿»¬ ¬»¬¿° Ô¿·²ó´¿·²
ëéìòëèé ëòëíéòëïð
îîìòðïç êòçðêòììê
Sales of scraps Gain on disposal of property, plant and equipment Others
ïíòðëìòëíï
ïðòèëðòêìê
Total
̱¬¿´
29.BEBAN PENJUALAN
29.SELLING EXPENSES îðïí ΰ
îðïî ΰ
л²¹¿²¹µ«¬¿² Ù¿¶· ¼¿² ¬«²¶¿²¹¿² Í»©¿ 뮶¿´¿²¿² Ô·¬®·µ ¼¿² ¬»´»°±² л²§««¬¿² Ô¿·²ó´¿·²
îìòêìéòîðï ìòìëìòðîí ëêéòîéí ìçêòíêç ïçðòééí ïðîòèïî êêìòèèé
ïèòìéðòìïè íòêïëòéèê íìèòéèï ëëíòðîé èçòîêî ïððòðèë éêèòììê
Freight Salaries and benefits Rent Travelling Electricity and telephone Depreciation Others
̱¬¿´
íïòïîíòííè
îíòçìëòèðë
Total
éê
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
30.BEBAN UMUM DAN ADMINISTRASI
30.GENERAL AND ADMINISTRATIVE EXPENSES îðïí ΰ
îðïî ΰ
Ù¿¶· ¼¿² ¬«²¶¿²¹¿² Ó¿²º¿¿¬ µ¿®§¿©¿² Í»©¿ 뮶¿´¿²¿² Þ·¿§¿ «³«³ µ¿²¬±® Ô·¬®·µ ¼¿² ¬»´»°±² л®·¶·²¿² ¼¿² °¿¶¿µ л²§««¬¿² Ö¿¿ °®±º»·±²¿´ ß«®¿²· λ°¿®¿· ¼¿² °»³»´·¸¿®¿¿² Þ»¾¿² ¿¼³·²·¬®¿· ¿¸¿³ Ô¿·²ó´¿·²
íîòðéíòêîð éòëîïòìîê íòíïëòçíë îòçèéòéçé îòèèíòíêë îòëèèòéðí îòïëêòèéí îòíéïòìîï îòììèòèðé ïòïçèòîèë íëìòîçç ïçíòíëè îòëíèòðçê
îëòîëîòçíê ëòïìðòèèí îòîíêòîðï îòððêòèèé îòçíîòéêí ïòèèëòëìç ïòèîëòïìè ïòëéïòççì ïòìîéòèíë çíïòðîï ëéíòëèê êîîòëçí ïòìîêòëïí
Salaries and benefits Post-employment benefits Rent Travelling General office expenses Electricity and telephone Permits and taxation Depreciation Professional fees Insurance Maintenance and repairs Stock administrative expense Others
̱¬¿´
êîòêíïòçèë
ìéòèííòçðç
Total
31.BEBAN LAINNYA
31.OTHER EXPENSES îðïí ΰ
îðïî ΰ
Ϋ¹· »´··¸ µ«® ³¿¬¿ «¿²¹ ¿·²¹ ó ²»¬± Þ»¾¿² °»²§··¸¿² °»®»¼·¿¿² «¿²¹ Þ»¾¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ ß³±®¬·¿· µ»®«¹·¿² ¼·¬¿²¹¹«¸µ¿² ¿¬¿ ¿»¬ ¼·¶«¿´ ¼¿² ¼·»©¿ µ»³¾¿´· п¶¿µ ¬¿¸«² ´¿´« ¼¿² ¼»²¼¿ °¿¶¿µ Ϋ¹· ·²ª»¬¿· ¶¿²¹µ¿ °»²¼»µ Ô¿·²ó´¿·²
ìêòìçèòíëð îòéíëòêìð îèéòìêé
̱¬¿´
ëéòìêëòíëç
ïçéòïìì éêèòðëê èçìòìéë êòðèìòîîé
32.BEBAN BUNGA DAN KEUANGAN
êòîïìòçðê Loss on foreign exchange differences îòðêðòéëê Obsolete inventories expenses íèéòðéî Impairment of receivables Amortization of deferred loss on îèðòèíï sale and leaseback transaction Š Prior year tax and penalties Š Loss on short-term investment îòïðîòîïí Others Total
ïïòðìëòééè 32.INTEREST AND FINANCE COSTS îðïî ΰ
îðïí ΰ Þ«²¹¿ ¿¬¿æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿² Ю±ª·· ¼¿² ¿¼³·²·¬®¿· ¾¿²µ Þ»¾¿² µ»«¿²¹¿² ´¿·²ó´¿·²
íîòîïèòëðí ìòîéèòëðð îòðëêòììì çêðòèîç
îíòìîîòèëî íòïêéòéëë ïòëêìòïëí íìëòíèì
Interest on: Bank loans Obligations under finance leases Bank provisions and administration Other finance costs
̱¬¿´
íçòëïìòîéê
îèòëððòïìì
Total
éé
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.PERPAJAKAN
33.TAXATION
a. Pajak dibayar di muka
a. Prepaid Taxes îðïí ΰ
îðïî ΰ
Perusahaan : п¶¿µ °»®¬¿³¾¿¸¿² ²·´¿· п¶¿µ °»²¹¸¿·´¿² ¾¿¼¿²
íòðèçòéìê ïïòììçòíìë
Š Š
The Company: Value added tax Corporate income tax
̱¬¿´
ïìòëíçòðçï
Š
Total
êòïðêòëîç éòððíòçèì
Š Š
Subsidiaries: Value added tax Corporate income tax
̱¬¿´
ïíòïïðòëïí
Š
Total
̱¬¿´
îéòêìçòêðì
Entitas Anak : п¶¿µ °»®¬¿³¾¿¸¿² ²·´¿· п¶¿µ °»²¹¸¿·´¿² ¾¿¼¿²
êòîëçòçíí
b. Utang pajak
b. Taxes payable îðïî ΰ
îðïí ΰ Perusahaan: п¶¿µ °»²¹¸¿·´¿² °¿¿´ îï п¶¿µ °»²¹¸¿·´¿² °¿¿´ îí ñ îê п¶¿µ °»²¹¸¿·´¿² îë п¶¿µ °»®¬¿³¾¿¸¿² ²·´¿· п¶¿µ °»²¹¸¿·´¿² ¾¿¼¿²
Entitas Anak : п¶¿µ °»²¹¸¿·´¿² °¿¿´ îï п¶¿µ °»²¹¸¿·´¿² °¿¿´ îí ñ îê п¶¿µ °»²¹¸¿·´¿² °¿¿´ îë п¶¿µ °»²¹¸¿·´¿² °¿¿´ ì øî÷ п¶¿µ °»²¹¸¿·´¿² ¾¿¼¿² п¶¿µ °»®¬¿³¾¿¸¿² ²·´¿· Ô¿·²²§¿
̱¬¿´
Total
ëìçòíïï ïëíòíðï ïèèòéíí Š Š
îëêòíðï ïëéòçëê êíìòêëé êððòíçé îêðòéèí
èçïòíìë
ïòçïðòðçì
îîéòððë ïèêòíêï ìêéòíèè ëêòèìê ïòðìíòìéì íòîëéòìçê ïòîëçòíëç
éçòêîì îðòèçð íéîòîìë êëòéëë ïòéêèòììè ïòíïëòíëé éîéòëîð
êòìçéòçîç
ìòíìçòèíç
éòíèçòîéì
êòîëçòçíí
éè
The Company: Income tax article 21 Income tax article 23 / 26 Income tax article 25 Value added tax Corporate income tax
Subsidiaries: Income tax article 21 Income tax article 23 / 26 Income tax article 25 Income tax article 4 (2) Corporate income tax Value added tax Others
Total
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.TAXATION (Continued)
33.PERPAJAKAN øÔ¿²¶«¬¿²÷ c. Pajak kini
c. Current tax Reconciliation between income (loss) before tax and estimated taxable income (loss) in 2013 and 2012 are as follows:
λµ±²·´·¿· ¿²¬¿®¿ ´¿¾¿ ø®«¹·÷ »¾»´«³ ¬¿µ·®¿² °¿¶¿µ °»²¹¸¿·´¿² ¼»²¹¿² ¬¿µ·®¿² ´¿¾¿ ø®«¹·÷ º·µ¿´ ¬¿¸«² îðïí ¼¿² îðïî »¾¿¹¿· ¾»®·µ«¬æ
îðïî ΰ
îðïí ΰ øèòïíîòïîé ÷ øìòíéçòîðë ÷
èðòðíîòðçî îòïððòððð
Consolidated income (loss) before tax Consolidation eliminations
Ô¿¾¿ ø®«¹·÷ µ±²±´·¼¿·¿² »¾»´«³ °¿¶¿µ ¼¿² »´·³·²¿· øïîòëïïòííî ÷
èîòïíîòðçî
Consolidated income (loss) before tax and eliminations
Ô¿¾¿ ø®«¹·÷ µ±²±´·¼¿·¿² »¾»´«³ ¬¿µ·®¿² °¿¶¿µ °»²¹¸¿·´¿² Û´·³·²¿· µ±²±´·¼¿·¿²
Ü·µ«®¿²¹·æ Ô¿¾¿ ø®«¹·÷ »¾»´«³ °¿¶¿µ °»²¹¸¿·´¿² Û²¬·¬¿ ß²¿µ
ìòîçêòéðð
øíëòçéìòîçê ÷
Less: Income (loss) before tax of subsidiaries
Ô¿¾¿ ø®«¹·÷ »¾»´«³ °¿¶¿µ °»²¹¸¿·´¿² л®«¿¸¿¿²
øèòîïìòêíî ÷
ìêòïëéòéçê
Income (loss) before tax of the Company
íïêòêìì
Temporary differences: Difference between commercial and fiscal depreciation
л®¾»¼¿¿² ¬»³°±®»®æ л®¾»¼¿¿² °»²§««¬¿² µ±³»®·¿´ ¼¿² º·µ¿´ л®¾»¼¿¿² °»²½¿¬¿¬¿² ¿¬¿ °»²§««¬¿² ¿»¬ »©¿ °»³¾·¿§¿¿² ¼¿² °»³¾¿§¿®¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿² Þ»¾¿² ·³¾¿´¿² °¿½¿ µ»®¶¿ л³¾¿§¿®¿² ·³¾¿´¿² °¿½¿ µ»®¶¿
øïïòîçíòììë ÷ ëòëéëòðïì øèîíòéîï ÷
øïîòéêéòèëð ÷ ìòíçëòððë øïòéðèòîðè ÷
л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ л²§··¸¿² °»®»¼·¿¿² «¿²¹
øîòéïëòçíé ÷ îòèðêòêìè
øëîòìíî ÷ øíéçòìîë ÷
øèòìîïòêçï ÷
øïðòïçêòîêê ÷
Total
øìòïíèòèìç ÷ øèëèòïêè ÷ ïèòððìòïðí
øîòððëòìéî ÷ øïòðçíòïèé ÷ èòêìîòîîî
Permanent differences : (nontaxable income): Income not subject to tax Income subject to final tax Non-deductible expenses
ïíòððéòðèê
ëòëìíòëêí
Total
ìïòëðëòðçí
Taxable income (loss) of the Company
̱¬¿´ л®¾»¼¿¿² °»®³¿²»²¬ ¼·°»®¸·¬«²¹µ¿² ³»²«®«¬ º·µ¿´æ л²¹¸¿·´¿² ¾«µ¿² ±¾¶»µ °¿¶¿µ п¶¿µ °»²¹¸¿·´¿² º·²¿´ Þ»¾¿² §¿²¹ ¬·¼¿µ ¼¿°¿¬ ¼·µ«®¿²¹µ¿² ̱¬¿´ Ô¿¾¿ ø®«¹·÷ µ»²¿ °¿¶¿µ л®«¿¸¿¿²
øïòçéðòîëð ÷
øíòêîçòîíé ÷
éç
Difference in accounting record on depreciation of leased assets and payment of leased payable Post-employment benefits Post-employment benefit expenses Allowance for impairment of receivables Allowance for obsolete inventory
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.TAXATION (Continued)
33.PERPAJAKAN øÔ¿²¶«¬¿²÷ c. Pajak kini øÔ¿²¶«¬¿²÷
c. Current tax(Continued) îðïí ΰ
Ì¿µ·®¿² °¿¶¿µ °»²¹¸¿·´¿² ¾»®¼¿¿®µ¿² ¬¿®·º §¿²¹ ¾»®´¿µ« îëû Ü·µ«®¿²¹·æ п¶¿µ ¼·¾¿§¿® ¼· ³«µ¿ п¶¿µ °»²¹¸¿·´¿² °¿¿´ îî п¶¿µ °»²¹¸¿·´¿² °¿¿´ îí п¶¿µ °»²¹¸¿·´¿² °¿¿´ îë Õ«®¿²¹ ø´»¾·¸÷ ¾¿§¿® °¿¶¿µ °»²¹¸¿·´¿² ¾¿¼¿²
îðïî ΰ
Š
ïðòíéêòîéî
øêòìêïòëéì ÷ øíðèòçéï ÷ øìòêéèòèðð ÷
øíòíçêòìëë ÷ øìïðòïðì ÷ øêòíðèòçíð ÷
øïïòììçòíìë ÷
øïðòïïëòìèç ÷
øïïòììçòíìë ÷
îêðòéèí
d. Pajak tangguhan
Under (over) payment of corporate income tax
d. Deferred tax The calculation of deferred tax assets (liabilities) is as follows:
л®¸·¬«²¹¿² ¿»¬ ø´·¿¾·´·¬¿÷ °¿¶¿µ ¬¿²¹¹«¸¿² ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
îðïí Ü·µ®»¼·¬µ¿² ø¼·¾»¾¿²µ¿²÷ µ» ´¿°±®¿² ´¿¾¿ ®«¹· ñ ï Ö¿²«¿®· îðïí ñ Credited (charged) to January 1, 2013 income for the year ΰ ΰ
ß»¬ ø´·¿¾·´·¬¿÷ °¿¶¿µ ¬¿²¹¹«¸¿² ó ²»¬±
Less: Prepaid tax Income tax article 22 Income tax article 23 Income tax article 25
The estimated fiscal losses presented above will be reported in the same amounts in the 2013 annual tax return. The Annual Tax Return for fiscal year 2012 has been submitted with no difference from taxable income of the Company and LPI.
Ì¿µ·®¿² ®«¹· º·µ¿´ ¬»®»¾«¬ ¼· ¿¬¿ ¿µ¿² ¼·´¿°±®µ¿² ¼»²¹¿² ¿²¹µ¿ ¿³¿ ¼¿´¿³ Í«®¿¬ л³¾»®·¬¿¸«¿² п¶¿µ øÍÐÌŒ÷ ¬¿¸«² îðïíò л²§¿³°¿·¿² ÍÐÌ «²¬«µ ¬¿¸«² °¿¶¿µ îðïî ¬·¼¿µ ³»³·´·µ· °»®¾»¼¿¿² ¼»²¹¿² ¬±¬¿´ °»²¹¸¿·´¿² µ»²¿ °¿¶¿µ л®«¿¸¿¿² ¼¿² ÔÐ×ò
Perusahaan ß»¬ °¿¶¿µ ¬¿²¹¹«¸¿² æ ׳¾¿´¿² °¿½¿ µ»®¶¿ л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ л²§··¸¿² °»®»¼·¿¿² «¿²¹ Ϋ¹· º·µ¿´ Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² л²§««¬¿² ¿»¬ ¬»¬¿° Ô·¿¾·´·¬¿ »©¿ °»³¾·¿§¿¿²
Estimated corporate income tax based on tax rate at 25%
íï Ü»»³¾»® îðïíñ December 31, 2013 ΰ
ïòëïíòèéì øêòîïëòíìê ÷
øìçîòëêí ÷ øîòèîíòíêï ÷
The Company Deferred tax asset : ìòëçìòïèè Post-employment benefits Allowance for impairment of éïòèðï receivable èïîòêêé Allowance for obsolete inventory çðéòíðç Fiscal loss Deferred tax liabilities: ïòðîïòíïï Depreciation expense øçòðíèòéðé ÷ Obligation under finance leases
øìííòíïè ÷
øïòïçèòïïí ÷
øïòêíïòìíï ÷ Deferred tax assets (liabilities – net
íòìðêòíêë
ïòïèéòèîí
éëðòéèì ïïïòððë Š
øêéèòçèí ÷ éðïòêêî çðéòíðç
èð
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.TAXATION (Continued)
33.PERPAJAKAN øÔ¿²¶«¬¿²÷ d. Pajak tangguhan øÔ¿²¶«¬¿²÷
d.
Deferred tax (Continued)
îðïí л²¿³¾¿¸¿² µ¿®»²¿ ¿µ«··· »²¬·¬¿ ¿²¿µñ Addition due to acquitition of subsidiary ΰ
ï Ö¿²«¿®· îðïí ñ January 1, 2013 ΰ
Ü·µ®»¼·¬µ¿² ø¼·¾»¾¿²µ¿²÷ µ» ´¿°±®¿² ´¿¾¿ ®«¹· ñ Credited (charged) to income for the year ΰ
íï Ü»»³¾»® îðïíñ December 31, 2013 ΰ
Perusahaan Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² ó ²»¬±
øìííòíïè ÷
Entitas Anak (QTX) Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² ó ²»¬± Entitas Anak (LPI) ß»¬ ø´·¿¾·´·¬¿÷ °¿¶¿µ ¬¿²¹¹«¸¿² ²»¬±
Š øïîíòïéð ÷
Š
øèéîòðíì ÷
øïòêíïòìíï ÷
øçîòïçî ÷
øîïëòíêî ÷
Subsidiary (QTX) Deferred tax liabilities – net
ïòçêðòéîì
Š
̱¬¿´ ß»¬ ø´·¿¾·´·¬¿÷ µ±²±´·¼¿·¿² ß»¬ Ô·¿¾·´·¬¿
øïòïçèòïïí ÷
The Company Deferred tax assets (liabilities) – net
ïòðèèòêçð
Total
êéðòìïç
ó øïòíðëòíëî ÷
Subsidiary (LPI) Deferred tax assets (liabilities) – net
ïòðèèòêçð øïòèìêòéçí ÷
Consolidated assets (liabilities) Assets Liabilites
îðïî Ü·µ®»¼·¬µ¿² ø¼·¾»¾¿²µ¿²÷ µ» ´¿°±®¿² ´¿¾¿ ®«¹· ñ ï Ö¿²«¿®· îðïî ñ Credited (charged) to January 1, 2012 income for the year ΰ ΰ Perusahaan ß»¬ °¿¶¿µ ¬¿²¹¹«¸¿² æ ׳¾¿´¿² °¿½¿ µ»®¶¿ л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ л²§··¸¿² °»®»¼·¿¿² «¿²¹ Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² л²§««¬¿² ¿»¬ ¬»¬¿° Ô·¿¾·´·¬¿ »©¿ °»³¾·¿§¿¿²
îòéíìòêêê
êéïòêçç
éêíòèçî
øïíòïðè ÷
îðëòèêï
øçìòèëê ÷
íï Ü»»³¾»® îðïîñ December 31, 2012 ΰ The Company Deferred tax asset : íòìðêòíêë Post-employment benefits Allowance for impairment of éëðòéèì receivable Allowance for obsolete ïïïòððë inventory Deferred tax liabilities: ïòëïíòèéì Depreciation expense øêòîïëòíìê ÷ Obligations under finance leases
ïòìíìòéïí øíòðîíòíèí ÷
éçòïêï øíòïçïòçêí ÷
îòïïëòéìç
øîòëìçòðêé ÷
øìííòíïè ÷
øïòíêíòîîè ÷
ìçïòïçì
øèéîòðíì ÷
Deferred tax assets (liabilities – net
ß»¬ ø´·¿¾·´·¬¿÷ °¿¶¿µ ¬¿²¹¹«¸¿² ó ²»¬± Entitas Anak (LPI) Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² Š ²»¬± ̱¬¿´
øîòðëéòèéí÷
èï
Subsidiary Deferred tax liabilities – net Total
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.TAXATION (Continued)
33.PERPAJAKAN øÔ¿²¶«¬¿²÷ e. Beban (manfaat) pajak
e. Tax expenses (benefit) îðïí ΰ
îðïî ΰ
п¶¿µ µ·²·æ л®«¿¸¿¿² Û²¬·¬¿ ß²¿µ ÔÐ× ØÐÐÐ ÏÌÈ
ìòëíéòçèç îïçòéîì
̱¬¿´ °¿¶¿µ µ·²·
ìòéëéòéïí
îíòìééòçîç
ïòïçèòïïí
îòëìçòðêé
п¶¿µ ¬¿²¹¹«¸¿² æ л®«¿¸¿¿² Û²¬·¬¿ ß²¿µ ÔÐ× ÏÌÈ Ì±¬¿´ °¿¶¿µ ¬¿²¹¹«¸¿² ̱¬¿´ ¾»¾¿² °¿¶¿µ
ïðòíéêòîéî
øïòçêðòéîì ÷ çîòïçï øêéðòìïç ÷ ìòðèéòîçì
f. Surat ketetapan pajak
ëòëêëòçéî éòëíëòêèë
øìçïòïçì ÷
Current tax: The Company Subsidiaries LPI HPPP HPPP Total current tax Deferred tax : The Company Subsidiary LPI QTX
îòðëéòèéí
Total deferred tax
îëòëíëòèðî
Total tax expense
f. Tax assessment letter
п¼¿ ¬¿²¹¹¿´ îë Ö«´· îððèô л®«¿¸¿¿² ³»²»®·³¿ Í«®¿¬ Õ»¬»¬¿°¿² п¶¿µ Ô»¾·¸ Þ¿§¿® øÍÕÐÔÞ÷ Ò±ò ððïêçñìðêñðêñðëìñðè ¼¿®· Ü·®»µ¬«® Ö»²¼»®¿´ п¶¿µ §¿²¹ ³»²§¿¬¿µ¿² ¾¿¸©¿ °¿¶¿µ °»²¹¸¿·´¿² ¾¿¼¿² ´»¾·¸ ¾¿§¿® ¼¿² ´¿¾¿ º·µ¿´ °¿¼¿ ¬¿¸«² îððê ³¿·²¹ ³¿·²¹ »¾»¿® ΰ ïòìïíòèîì ¼¿² ΰ ëòíîêòêííò п¼¿ ¬¿²¹¹¿´ ïê ѵ¬±¾»® îððèô л®«¿¸¿¿² ¬»´¿¸ ³»²§¿³°¿·µ¿² µ»¾»®¿¬¿² ¿¬¿ ÍÕÐÔÞ ¬»®»¾«¬ ¼»²¹¿² ³»²§¿¬¿µ¿² ®«¹· º·µ¿´ »¾»¿® ΰ ëòêïêòîìðò
On July 25, 2008, the Company received Overpayment Tax Assessment Letter (SKPLB) No. 00169/406/06/054/08 from the Directorate General of Taxes. The letter stated that the Company’s overpayment for corporate income tax and fiscal income for the year 2006 amounted to Rp 1,413,824 and Rp 5,326,633, respectively. On October 16, 2008, the Company submitted an objection letter on this SKPLB stating that the fiscal loss should be Rp 5,616,240.
п¼¿ ¬¿²¹¹¿´ ë Ö«²· îððçô ÜÖÐ ³»²¹»´«¿®µ¿² «®¿¬ ³»²§¿¬¿µ¿² Ò±ò ÕÛÐóêíðñÉÐÖòðéñÞÜòðëñîððç ¾¿¸©¿ ®«¹· º·µ¿´ л®«¿¸¿¿² »¾»¿® ΰ ìòçìéòíêëò п¼¿ ¬¿²¹¹¿´ ï Í»°¬»³¾»® îððçô л®«¿¸¿¿² ³»²¹¿¶«µ¿² ¾¿²¼·²¹ ¿¬¿ µ»¾»®¿¬¿² §¿²¹ ¿³¿ò
On June 5, 2009, DGT issued its letter stating the No. KEP 630/WPJ.07/BD.05/2009 Company’s fiscal loss amounting to Rp 4,947,365 on September 1, 2009, the Company submitted an objection and an appeal.
Í·¼¿²¹ ¾¿²¼·²¹ °¿¶¿µ ¬¿¸«² îððê ¬»´¿¸ ¼·´¿µ«µ¿² °¿¼¿ ïì Ö«´· îðï𠲿³«² ³¿·¸ ³»²«²¹¹« °«¬«¿² ¼¿®· л²¹¿¼·´¿² п¶¿µò
Appeal Court for fiscal year 2006 tax case has been conducted on July 14, 2010 and awaiting decision from Tax Court.
èî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
33.TAXATION (Continued)
33.PERPAJAKAN øÔ¿²¶«¬¿²÷ f. Surat ketetapan pajak
f. Tax assessment letter
п¼¿ ¬¿²¹¹¿´ ï Ö«´· îððçô л®«¿¸¿¿² ³»²»®·³¿ Í«®¿¬ Õ»¬»¬¿°¿² п¶¿µ Õ«®¿²¹ Þ¿§¿® øÍÕÐÕÞ÷ ¼¿®· Ü·®»µ¬«® Ö»²¼»®¿´ п¶¿µ Ò±ò ðððèîñîðéñðéñðëìñðç §¿²¹ ³»²§¿¬¿µ¿² µ«®¿²¹ ¾¿§¿® ¿¬¿ п¶¿µ 뮬¿³¾¿¸¿² Ò·´¿· øÐÐÒ÷ ¬¿¸«² îððé »¾»¿® ΰ ïòïðìòéêï ¼¿² ³»²»®·³¿ Í«®¿¬ Õ»¬»¬¿°¿² п¶¿µ Ô»¾·¸ Þ¿§¿® øÍÕÐÔÞ÷ Ò±ò ððïíðñìðêñðéñðëìñðç ¿¬¿ °¿¶¿µ °»²¹¸¿·´¿² ¾¿¼¿² ¬¿¸«² îððé »¾»¿® ΰ çðèòîìíò ߬¿ »´··¸ °¿¶¿µ »¾»¿® ΰ íëêòêîè ¬»´¿¸ ¼·´«²¿· °¿¼¿ ¬¿²¹¹¿´ íð Ö«´· îððç ¼¿² ¼·½¿¬¿¬ »¾¿¹¿· ¾»¾¿² °¿¶¿µ ¬¿¸«² îððçò
On July 1, 2009, the Company received Underpayment Tax Assessment Letter (SKPKB) No. 00082/207/07/054/09 from Directorate General of Taxes for Value Added Tax amounting to Rp 1,104,761 and at the same time the Company received an Overpayment Tax Assessment Letter (SKPLB) No. 00130/406/07/054/09 for Corporate Income Tax amounting to Rp 908,243 for year 2007. The net off amounting to Rp 356,628 was paid July 30, 2009 and recorded as tax expense in the 2009 statements of income.
߬¿ µ»°«¬«¿² ¬»®»¾«¬ л®«¿¸¿¿² ³»²¹¿¶«µ¿² µ»¾»®¿¬¿²ô ¼¿² ¼·¬±´¿µ ±´»¸ ÜÖÐ °¿¼¿ ¬¿²¹¹¿´ îë Ò±°»³¾»® îððç ¼»²¹¿² ³»²¹»´«¿®µ¿² «®¿¬ µ»°«¬«¿² Ò±ò ïîéìñÉÐÖòðéñÞÜòðëñîððçô µ»³«¼·¿² °¿¼¿ ¬¿²¹¹¿´ îí л¾®«¿®· îðïð л®«¿¸¿¿² ³»²¹¿¶«µ¿² ¾¿²¼·²¹ ¿¬¿ µ»¾»®¿¬¿² ¬»®»¾«¬ô »¸·²¹¹¿ °¿¶¿µ °»²¹¸¿·´¿² ´»¾·¸ ¾¿§¿® ¬¿¸«² îððé »¾»¿® ΰ ïòëíçòíìë ¼·¿¶·µ¿² »¾¿¹¿· ¾»¾¿² ¬¿²¹¹«¸¿²ò
The Company has submitted an objection letter on this SKPLB and the DGT disagreed with the Company’s objection and issued his decision letter No. 1274/WPJ.07/BD.05/2009, on November 25, 2009. On February 23, 2010, the Compny submitted an appeal letter to tax court, while for tax overpayment in the year 2007 amounting to Rp 1,539,345 was presented as deferred expenses.
п¼¿ ¬¿²¹¹¿´ ë Ó¿®»¬ îðïð ÜÖÐ ³»²¹»´«¿®µ¿² «®¿¬ µ»°«¬«¿² Ò±ò ÕÛÐ íïìñÉÐÖòðéñîðï𠧿²¹ ³»²±´¿µ µ»¾»®¿¬¿² ¿¬¿ ÍÕÐÕÞ Ò±ò ððèîñîðéñðéñðëìñðç ¼¿² °¿¼¿ ¬¿²¹¹¿´ î Ö«²· îðïðô л®«¿¸¿¿² ³»²¹¿¶«µ¿² ¾¿²¼·²¹ ¿¬¿ °»²±´¿µ¿² µ»¾»®¿¬¿² ¬»®»¾«¬ò
On March 5, 2010, DGT issued its letter No. KEP-314/WPJ.07/2010 rejecting SKPKB No. 0082/207/07/054/09 and on June 2, 2010, the Company appealed against the rejection.
Í·¼¿²¹ ¾¿²¼·²¹ °¿¶¿µ °»²¹¸¿·´¿² ¾¿¼¿² ¬¿¸«² îððé ¬»´¿¸ ¼·´¿µ«µ¿² °¿¼¿ ïî Ö¿²«¿®· îðïïò л®«¿¸¿¿² ³¿·¸ ³»²«²¹¹« °«¬«¿² ¼¿®· л²¹¿¼·´¿² п¶¿µò
The Tax Court has conducted its hearing on the appeal for the 2007 corporate income tax on January 12, 2011. The Company is still waiting for the decision from the Tax Court. 34.BASIC EARNINGS PER SHARE
34.LABA PER SAHAM DASAR
The calculation of basic earnings per share as follows:
л®¸·¬«²¹¿² ´¿¾¿ °»® ¿¸¿³ ¼¿¿® ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ îðïí ΰ
îðïî ΰ
Income (loss) for the year attributable Ô¿¾¿ ø®«¹·÷ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ» °»³·´·µ Û²¬·¬¿ ײ¼«µ øΰ÷ øçòíîêòîîï÷ ìçòëéïòîèî to the owners of Parent (Rp) Weighted average of total Ö«³´¿¸ ®¿¬¿ó®¿¬¿ ¬»®¬·³¾¿²¹ ¿¸¿³ §¿²¹ êçðòðððòððð êçðòðððòððð shares outstanding ¾»®»¼¿® Ô¿¾¿ ø®«¹·÷ °»® ¿¸¿³ ¼¿¿® øΰ÷ ø²·´¿· °»²«¸÷
øïì÷ èí
éî
Basic earnings (loss) per share (Rp) (full amount)
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
35.TRANSAKSI DAN SALDO DENGAN PIHAK BERELASI
35.RELATED PARTY TRANSACTIONS AND BALANCE Nature of relationship
Í·º¿¬ ®»´¿· Š ÐÌ Ü©· Í¿¬®§¿ ˬ¿³¿ ¿¼¿´¿¸ °»³»¹¿²¹ ¿¸¿³ ³¿§±®·¬¿ л®«¿¸¿¿²å Š ÐÌ Í·²¿® É·³¿ô ÐÌ Ì·º¿ Ú·²¿²½»ô ̾µ ¼¿² ÐÌ Ì·º¿ ß®«³ λ¿´¬§ ¿¼¿´¿¸ °»®«¿¸¿¿² §¿²¹ »¾¿¹·¿² °»²¹«®«²§¿ ¿³¿ ¼»²¹¿² л®«¿¸¿¿² ¼¿² ÔÐ×å ¼¿² Š ÐÌ Í¿³±´·² Í«®§¿ ¿¼¿´¿¸ °»®«¿¸¿¿² ¿±·¿· ¼·³¿²¿ ìèû ¿¸¿³²§¿ ¼·³·´·µ· ±´»¸ л®«¿¸¿¿²ò
Š PT Dwi Satrya Utama is the Company’s majority stockholder; Š PT Sinar Wisma, PT Tifa Finance, Tbk and PT Tifa Arum Realty are companies in which part of its management is the same as the Company and LPI’s management; and Š PT Samolin Surya is an associated company where the Company has 48%, ownership.
Ì®¿²¿µ· ¼»²¹¿² °·¸¿µ ¾»®»´¿·
Transactions with Related Parties
Ü¿´¿³ µ»¹·¿¬¿² «¿¸¿²§¿ò Õ»´±³°±µ Ë¿¸¿ ¶«¹¿ ³»´¿µ«µ¿² ¬®¿²¿µ· ¬»®¬»²¬« ¼»²¹¿² °·¸¿µ ¾»®»´¿· §¿²¹ ³»´·°«¬· ¿²¬¿®¿ ´¿·²æ
In the normal course of business, the Group entered into certain transactions with related parties, including the following :
¿ò Í»©¿ ¼·¾¿§¿® ¼· ³«µ¿ ¿¬¿ ¬¿²¿¸ ¼¿² ¹«¼¿²¹ øÝ¿¬¿¬¿² íé¾÷ »´¿³¿ î ¬¿¸«² µ»°¿¼¿ ÐÌ Í·²¿® É·³¿ò п¼¿ ¬¿¸«² îðïí ¼¿² îðïîô Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ³»²¹¿µ«· ¾»¾¿² »©¿ ³¿·²¹ó³¿·²¹ »¾»¿® ΰ èéëòðð𠼿² ΰ èéëòðð𠼿² ¼·½¿¬¿¬ »¾¿¹¿· ¾¿¹·¿² ¼¿®· ¾·¿§¿ °¿¾®·µ¿· øÝ¿¬¿¬¿² îé÷ò
a. Prepaid rental of land and warehouse (Note 37b) for 2 years to PT Sinar Wisma. In 2013 and 2012, the Groups recognized rent expenses amounted to Rp 875,000 and Rp 875,000, respectively, and were recorded as part of manufacturing expenses (Note 27).
¾ò п¼¿ ¬¿¸«² îðïí ¼¿² îðïîô ¾»¾¿² »©¿ ¹»¼«²¹ µ»°¿¼¿ ÐÌ Ì·º¿ ß®«³ λ¿´¬§ ³¿·²¹ó³¿·²¹ »¾»¿® ΰ ïëîòëë𠼿² ΰ ïéîòèç𠼿² ¼·½¿¬¿¬ »¾¿¹¿· ¾¿¹·¿² ¼¿®· ¾»¾¿² °»²¶«¿´¿² ¼¿² ¾»¾¿² «³«³ ¼¿² ¿¼³·²·¬®¿· øÝ¿¬¿¬¿² îç ¼¿² íð÷ò
b. In 2013 and 2012, rental of building paid to PT Tifa Arum Realty amounted to Rp 152,550 and Rp 172,890, respectively. These were recorded as part of selling expenses and general and administrative expenses (Note 29 and 30).
½ò п¼¿ ¬¿¸«² îðïíô л®«¿¸¿¿² ¬»´¿¸ ³»²¹¿µ«· ¾»¾¿² »©¿ µ»°¿¼¿ ÐÌ Ó¿¨·³¿ ײ¬· 벬 »¾»¿® ΰ ììëòëð𠼿² ¼·½¿¬¿¬ »¾¿¹¿· ¾»¾¿² »©¿ °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿²ò
c. During 2013, the Company has recognized the rental expenses in the total amount of Rp 445,500 to PT Maxima Inti Rent and it was recorded as rent expenses in the consolidated statement of comprehensive income.
¼ò Ó¿²¿¶»³»² µ«²½· ¬»®³¿«µ ¼·®»µ·ô µ±³·¿®·ô ¼¿² µ±³·¬» ¿«¼·¬ò Õ±³°»²¿· §¿²¹ ¼·¾¿§¿® ¿¬¿« ¬»®«¬¿²¹ °¿¼¿ ³¿²¿¶»³»² µ«²½· ¿¬¿ ¶¿¿ °»µ»®¶¿ ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
includes directors, d. Key management commissioners, and audit committee. The compensation paid or payable to key management for employee service is as follows :
볫²»®¿· ׳¾¿´¿² µ»®¶¿ µ¿®§¿©¿² Õ»©¿¶·¾¿² ·³¾¿´¿² µ»®¶¿ ̱¬¿´
îðïí ΰ
îðïî ΰ
éòîèîòíìç îòèêïòìçç
êòêëðòçëë îîèòïðç îòèêèòíèï
Remuneration Employee benefits paid Employee benefit liabilities
ïðòïìíòèìè
çòéìéòììë
Total
èì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
36.INFORMASI SEGMEN OPERASI
36.OPERATING SEGMENT INFORMATION
˲¬«µ ¬«¶«¿² °»´¿°±®¿² ³¿²¿¶»³»²ô л®«¿¸¿¿² ¼¿² Û²¬·¬¿ ß²¿µ ¼·¾¿¹· ¼¿´¿³ ¼«¿ ¼·ª·· ±°»®¿· §¿·¬« ¼·ª·· °®±¼«µ· ¼¿² ¼·¬®·¾«· ¾±¬±´ °´¿¬·µô ·µ¿¬ ¹·¹· ¼¿² ³±«´¼å »®¬¿ ¼·ª·· °®±¼«µ· ¼¿² ¼·¬®·¾«· ´¿³·²¿¬·²¹ ¬«¾» ¼¿² °´¿¬·µ ¬«¾»ò Ü·ª··ó¼·ª·· ¬»®»¾«¬ ³»²¶¿¼· ¼¿¿® °»´¿°±®¿² ·²º±®³¿· »¹³»² °®·³»® Õ»´±³°±µ Ë¿¸¿ò
For management reporting purposes, the Company and Subsidiaries are currently organized into two operating divisions which are: production and distribution of plastic bottles, toothbrushes and moulds; production and distribution of laminating tube and plastic tubes. These divisions are the basis by which the Group reports their primary segment information.
Õ»´±³°±µ Ë¿¸¿ ³»²·´¿· µ·²»®¶¿ ¾»®¼¿¿®µ¿² ´¿¾¿ ¿¬¿« ®«¹· »¾»´«³ °¿¶¿µô ¬·¼¿µ ¬»®³¿«µ µ»«²¬«²¹¿² ¼¿² µ»®«¹·¿² §¿²¹ ¬·¼¿µ ¬»®¶¿¼· ¾»®«´¿²¹ô ³¿«°«² µ»«²¬«²¹¿² ¿¬¿« µ»®«¹·¿² »´··¸ µ«®ò Õ»´±³°±µ Ë¿¸¿ ³»²½¿¬¿¬ °»²¶«¿´¿² ¼¿² ¬®¿²º»® ¿²¬¿® »¹³»² »±´¿¸ó±´¿¸ ¼·´¿µ«µ¿² ±´»¸ °·¸¿µ µ»¬·¹¿ò
The Group evaluates performance based on gain or loss before tax, exclude gain or loss from non-routine transaction, also gain or loss foreign exchange rate. The Group records sales and transfers between segments as if being done to third party.
Í»¹³»² §¿²¹ ¼·´¿°±®µ¿² ¼¿®· Õ»´±³°±µ Ë¿¸¿ ³»®«°¿µ¿² «²·¬ ¾·²· ¬®¿¬»¹· §¿²¹ ³»²¿©¿®µ¿² °®±¼«µ ¼¿² ¶¿¿ §¿²¹ ¾»®¾»¼¿ò Ю±¼«µ ¼¿² ¶¿¿ ¼·µ»´±´¿ »½¿®¿ ¬»®°·¿¸ µ¿®»²¿ »¬·¿° ¾·²· ³»³»®´«µ¿² °¿¿® ¼¿² ¬»µ²±´±¹· §¿²¹ ¾»®¾»¼¿ò Í»¾¿¹·¿² ¼¿®· ¾·²· ¬»®»¾«¬ ¼·°»®±´»¸ »¾¿¹¿· «²·¬ ·²¼·ª·¼«¿´ ±´»¸ ³¿²¿¶»³»² °¿¼¿ ¿¿¬ ¿µ«··· ¼·°»®¬¿¸¿²µ¿²ò
Reported segment from the Group is strategic unit businesses that offer variety pf product and service. Product and service maintain separately since each business need unique market and technology. Part of business obtained as individual unit, and management being retained on acquisition.
a. Informasi produk dan jasa
a. Products and services information
Þ±¬±´ °´¿¬·µô ·µ¿¬ ¹·¹· ¼¿² ³±«´¼ ñ Bottles, toothbrushes and moulds ΰ
2013 Ô¿³·²¿¬·²¹ ¬«¾» ¼¿² °´¿¬·µ ¬«¾» ñ Û´·³·²¿· ñ Laminating tubes Eliminations and plastic tubes ΰ
ΰ
REVENUE External sales Inter – segment sales
øîïòîîêòðêê ÷
çêðòçççòçêë
Total revenue
øìòîððòððð ÷
íïòïèéòììë
RESULT Segment result / income from operations
éççòïëïòéèð ïèòçìîòïîí
ïêïòèìèòïèë îòîèíòçìí
øîïòîîêòðêê ÷
̱¬¿´ °»²¼¿°¿¬¿²
èïèòðçíòçðí
ïêìòïíîòïîè
ììòîëèòëëî
øèòèéïòïðé ÷
ΰ çêðòçççòçêë
ÐÛÒÜßÐßÌßÒ Ð»²¶«¿´¿² »µ¬»®²¿´ л²¶«¿´¿² ¿²¬¿® »¹³»²
ØßÍ×Ô Ø¿·´ »¹³»² ñ ´¿¾¿ «¿¸¿
Õ±²±´·¼¿·¿²ñ Consolidated
Õ»«²¬«²¹¿² °»²¶«¿´¿² »º»µ л²¹¸¿·´¿² ¾«²¹¿ Þ»¾¿² ¾«²¹¿ ¼¿² µ»«¿²¹¿²
ïçìòéðì øíçòëïìòîéê ÷
Ô¿¾¿ »¾»´«³ °¿¶¿µ
øèòïíîòïîé÷
Þ»¾¿² °¿¶¿µ Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿²
Income before tax
øìòðèéòîçì ÷
Tax expense
øïîòîïçòìîï ÷
Profit for the year
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ µ»°»²¬·²¹¿² ²±²ó°»²¹»²¼¿´·
îòèçíòîðð
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ» °»³·´·µ »²¬·¬¿ ·²¼«µ
øçòíîêòîîï ÷
èë
Gain on sale of securities Interest income Interest and finance costs
Profit for the year attributable to non-controlling interest Profit for the year attributable to owner of Parent
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
36.INFORMASI SEGMEN OPERASI øÔ¿²¶«¬¿²÷
36.OPERATING SEGMENT INFORMATION (Continued)
a. Informasi produk dan jasa øÔ¿²¶«¬¿²÷ Þ±¬±´ °´¿¬·µô ·µ¿¬ ¹·¹· ¼¿² ³±«´¼ ñ Bottles, toothbrushes and moulds ΰ
a. Products and services information (Continued) 2013 Ô¿³·²¿¬·²¹ ¬«¾» ¼¿² °´¿¬·µ ¬«¾» ñ Laminating tubes and plastic tubes ΰ
Û´·³·²¿· ñ Eliminations ΰ
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ» °»³·´·µ »²¬·¬¿ ·²¼«µ
Õ±²±´·¼¿·¿²ñ Consolidated ΰ øçòíîêòîîï ÷
Profit for the year attributable to owner of Parent OTHER INFORMATION
×ÒÚÑÎÓßÍ× Ôß×ÒÒÇß ßÍÛÌ ß»¬ »¹³»²
ïòðïêòììïòêîè
îìéòêêèòîîé
øïíèòçééòïìð ÷
ïòïîëòïíîòéïë
ASSETS Segment assets
̱¬¿´ ¿»¬ §¿²¹ ¼·µ±²±´·¼¿·
ïòðïêòììïòêîè
îìéòêêèòîîé
øïíèòçééòïìð ÷
ïòïîëòïíîòéïë
Consolidated total assets
Ô×ßÞ×Ô×ÌßÍ Ô·¿¾·´·¬¿ »¹³»²
êèíòèèîòíðé
ïééòïðíòîìë
øìïòéíìòðïê ÷
èïçòîëïòëíê
LIABILITIES Segment liabilities
̱¬¿´ ´·¿¾·´·¬¿ §¿²¹ ¼·µ±²±´·¼¿·
êèíòèèîòíðé
ïééòïðíòîìë
øìïòéíìòðïê ÷
èïçòîëïòëíê
Consolidated total liabilities
л²¿³¾¿¸¿² ¿»¬ ¬»¬¿° л²§««¬¿² ¼¿² ¿³±®¬·¿·
ïëïòèéèòéìð ìêòêêïòîèí
èèòïêêòðíê ïîòëìêòìèí
îìðòðììòééê ëçòîðéòéêê
Additions to property, plant and equipment Depreciation and amortization
Þ±¬±´ °´¿¬·µô ·µ¿¬ ¹·¹· ¼¿² ³±«´¼ ñ Bottles, toothbrushes and moulds ΰ
2012 Ô¿³·²¿¬·²¹ ¬«¾» ¼¿² °´¿¬·µ ¬«¾» ñ Laminating tubes Û´·³·²¿· ñ and plastic tubes Eliminations ΰ ΰ
Õ±²±´·¼¿·¿²ñ Consolidated ΰ
ÐÛÒÜßÐßÌßÒ Ð»²¶«¿´¿² »µ¬»®²¿´ л²¶«¿´¿² ¿²¬¿® »¹³»²
êéðòëîíòðêè îçòïéîòïéì
ïêêòìêíòíçë Š
Š øîçòïéîòïéì ÷
èíêòçèêòìêí Š
REVENUE External sales Inter – segment sales
̱¬¿´ °»²¼¿°¿¬¿²
êççòêçëòîìî
ïêêòìêíòíçë
øîçòïéîòïéì ÷
èíêòçèêòìêí
Total revenue
èìòïììòéðï
îîòîéïòðíè
ïòïèðòíëê
ïðéòëçêòðçë
RESULT Segment result / income from operations
ØßÍ×Ô Ø¿·´ »¹³»² ñ ´¿¾¿ «¿¸¿ Õ»«²¬«²¹¿² °»²¶«¿´¿² »º»µ л²¹¸¿·´¿² ¾«²¹¿ Õ»®«¹·¿² µ«® ³¿¬¿ «¿²¹ ¿·²¹ Š ²»¬±
ìòëëð ïòïíïòîéí øêòîïìòçðê ÷
Õ»«²¬«²¹¿² °»²¶«¿´¿² ¿»¬ ¬»¬¿° Þ»¾¿² ¾«²¹¿ ¼¿² µ»«¿²¹¿² Ô¿·²ó´¿·² Š ²»¬±
îîìòðïç øîèòëððòïìì ÷ ëòéçïòîðë
Ô¿¾¿ »¾»´«³ °¿¶¿µ
èðòðíîòðçî
Þ»¾¿² °¿¶¿µ
øîëòëíëòèðî ÷
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿²
ëìòìçêòîçð
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ»°¿¼¿ µ»°»²¬·²¹¿² ²±²ó°»²¹»²¼¿´·
øìòçîëòððè ÷
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ» °»³·´·µ »²¬·¬¿ ·²¼«µ
ìçòëéïòîèî
èê
Gain on sale of securities Interest income Loss on foreign exchange – net Gain on sale of property, plant and equipment Interest and finance costs Others – net Income before tax Tax expense Profit for the year Profit for the year attributable to non-controlling interest Profit for the year attributable to owner of Parent
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
36. INFORMASI SEGMEN OPERASI øÔ¿²¶«¬¿²÷
36. OPERATING SEGMENT INFORMATION (Continued)
a. Informasi produk dan jasa øÔ¿²¶«¬¿²÷
a. Product and service information (Continued) 2012
Þ±¬±´ °´¿¬·µô ·µ¿¬ ¹·¹· ¼¿² ³±«´¼ ñ Bottles, toothbrushes and moulds ΰ
Ô¿³·²¿¬·²¹ ¬«¾» ¼¿² °´¿¬·µ ¬«¾» ñ Laminating tubes and plastic tubes ΰ
Û´·³·²¿· ñ Eliminations ΰ
Õ±²±´·¼¿·¿²ñ Consolidated ΰ
Ô¿¾¿ ¬¿¸«² ¾»®¶¿´¿² §¿²¹ ¼·¿¬®·¾«·µ¿² µ» °»³·´·µ »²¬·¬¿ ·²¼«µ
ìçòëéïòîèî
Profit for the year attributable to owner of Parent OTHER INFORMATION
×ÒÚÑÎÓßÍ× Ôß×ÒÒÇß ßÍÛÌ ß»¬ »¹³»²
éîìòðëíòíêí
ïêíòçëðòçèî
øïïéòêîðòìïë ÷
ééðòíèíòçíð
ASSETS Segment assets
̱¬¿´ ¿»¬ §¿²¹ ¼·µ±²±´·¼¿·
éîìòðëíòíêí
ïêíòçëðòçèî
øïïéòêîðòìïë ÷
ééðòíèíòçíð
Consolidated total assets
Ô×ßÞ×Ô×ÌßÍ Ô·¿¾·´·¬¿ »¹³»²
ìîíòìèìòðîì
ééòéèèòìêî
øíîòéíèòìèè ÷
ìêèòëëíòççè
LIABILITIES Segment liabilities
̱¬¿´ ´·¿¾·´·¬¿ §¿²¹ ¼·µ±²±´·¼¿·
ìîíòìèìòðîì
ééòéèèòìêî
øíîòéíèòìèè ÷
ìêèòëëíòççè
Consolidated total liabilities
л²¿³¾¿¸¿² ¿»¬ ¬»¬¿° л²§««¬¿² ¼¿² ¿³±®¬·¿·
ïîçòêîèòéçï íêòíïðòêíí
íëòïîïòïíç ïïòìíìòîëí
ïêìòéìçòçíï ìéòéììòèèê
Additions to property, plant and equipment Depreciation and amortization
b. Informasi tentang wilayah geografis
b. Geographical information
л²¶«¿´¿² ¾»®¼¿¿®µ¿² °¿¿® ¹»±¹®¿º·ñ Sales by geographical market îðïî ΰ
îðïí ΰ п¿® ¹»±¹®¿º· Ô±µ¿´ ¼· ײ¼±²»·¿ Ô«¿® ²»¹»®·
êêðòééèòíçð íððòîîïòëéë
ëçîòìçìòçëç îììòìçïòëðì
Geographical market Domestic Overseas
̱¬¿´
çêðòçççòçêë
èíêòçèêòìêí
Total
Ò·´¿· ¬»®½¿¬¿¬ ¿»¬ »¹³»² ñ Carrying amount of segment assets îðïí îðïî ΰ ΰ п²¼¿¿² ¼¿² Í·¼±¿®¶± Ì¿²¹»®¿²¹ ¼¿² Ý·µ¿®¿²¹ ݸ·²¿ Í·²¹¿°±®» ̱¬¿´
ëïçòïéðòêðé îçíòîïçòèçê íïîòêêêòíðð éëòçïî ïòïîëòïíîòéïë
íìéòíêïòéçî ïçðòîíéòçïç îíîòéîðòèëð êíòíêç ééðòíèíòçíð
c. Informasi tentang pelanggan utama
л²¿³¾¿¸¿² ¿»¬ ¬»¬¿° ñ Additions to property, plant and equipment îðïí îðïî ΰ ΰ ïîèòèíìòêîè çéòéêëòîíé ïíòìììòçïï
êíòîèðòíîë ìëòìèîòîëë ëëòçèéòíëï
Š îìðòðììòééê
ïêìòéìçòçíï
Pandaan and Sidoarjo Tangerang and Cikarang China Singapore Total
c. Major customer information
̱¬¿´ °»²¶«¿´¿² µ»°¿¼¿ Ù®«° ˲·´»ª»® ¼¿®· µ»¼«¿ »¹³»² ¼·´¿°±®µ¿² ¼·¿¬¿ ±´»¸ л®«¿¸¿¿² ¼¿² Û²¬·¬¿ ß²¿µ²§¿ ³¿·²¹ó³¿·²¹ »¾»¿® êçû ¼¿² êèû ¼¿®· ¬±¬¿´ °»²¶«¿´¿² «²¬«µ ¬¿¸«² îðïí ¼¿² îðïîò èé
Total sales to Unilever Group from both reported segment above by the Company and its Subsidiaries for 2013 and 2012 around 69% and 68% of total sales, respectively.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
37.PERJANJIAN DAN PERIKATAN PENTING
37.SIGNIFICANT AGREEMENTS AND COMMITMENTS
л®«¿¸¿¿² ¼¿² ÔÐ×ô øÛ²¬·¬¿ ß²¿µ÷ô ³»²¹¿¼¿µ¿² °»®¶¿²¶·¿² ¶¿¿ ³¿²¿¶»³»² ¼»²¹¿² ÐÌ Ü©· Í¿¬®§¿ ˬ¿³¿ øÜÍË÷ô Ö¿µ¿®¬¿ô °»®«¿¸¿¿² §¿²¹ ¾»®»´¿·ò 뮶¿²¶·¿² ·²· ¾»®´¿µ« »´¿³¿ »¬¿¸«² ¼¿² ¼¿°¿¬ ¼·°»®°¿²¶¿²¹ ¿¬¿ °»®»¬«¶«¿² µ»¼«¿ ¾»´¿¸ °·¸¿µò 뮶¿²¶·¿² ¬»®»¾«¬ ³»²§¿¬¿µ¿² µ»»¼·¿¿² ÜÍË «²¬«µ ³»³¾»®·µ¿² ¾¿²¬«¿² ¼¿² ¶¿¿ µ±²«´¬¿· ³¿²¿¶»³»²ò Í¿¿¬ ·²· л®«¿¸¿¿² ¼¿² ÔÐ× »¼¿²¹ ¼¿´¿³ °®±» ²»¹±·¿· ¼»²¹¿² ÜÍË ³»²¹»²¿· °»®¶¿²¶·¿² ¶¿¿ ³¿²¿¶»³»² ·²·ò п¼¿ ¬¿¸«² îðïí ¼¿² îðïîô ¬·¼¿µ ¿¼¿ ¬®¿²¿µ· ¼¿®· ÜÍË µ»°¿¼¿ Õ»´±³°±µ Ë¿¸¿ »¸«¾«²¹¿² ¼»²¹¿² ¶¿¿ ³¿²¿¶»³»² ¬»®»¾«¬ò
a. The Company and LPI, (Subsidiary), entered into a management assistance agreement with PT Dwi Satrya Utama (DSU), Jakarta, a related party. The agreement is effective for one-year period and can be renewed upon the approval of concerned parties. Under the agreement, DSU agreed to provide the Company and its subsidiaries with general management assistance and advisory services. Currently, the Company and LPI are still in process to negotiate the amendment of the agreement. During 2013 and 2012, DSU has not transaction the management fee to the Groups.
¾ò п¼¿ ¬¿²¹¹¿´ îì ß°®·´ îððéô ÔÐ× ³»²¹¿¼¿µ¿² °»®¶¿²¶·¿² »©¿ ³»²§»©¿ ¬¿²¿¸ ¼¿² ¾¿²¹«²¿² ¼»²¹¿² ÐÌ Í·²¿® É·³¿ ø°·¸¿µ §¿²¹ ¾»®»´¿·÷ò 뮶¿²¶·¿² ¬»®»¾«¬ ¾»®´¿µ« »´¿³¿ î ø¼«¿÷ ¬¿¸«²ô ¼¿² ¼¿°¿¬ ¼·°»®¾¿¸¿®«· ¿¬¿ °»®»¬«¶«¿² µ»¼«¿ ¾»´¿¸ °·¸¿µò
b. On April 24, 2007, LPI entered into a land and building rental agreement with PT Sinar Wisma (related party). This agreement is effective for 2 (two) years from March 1, 2007 to March 1, 2009, and can be renewed upon the agreement of both parties.
뮶¿²¶·¿² »©¿ ¬»®»¾«¬ ¬»´¿¸ ¾»¾»®¿°¿ µ¿´· ¬»®¿µ¸·® ¼·°»®¾¿¸¿®«· ¬¿²¹¹¿´ ¼·°»®¾¿¸¿®«·ô îé л¾®«¿®· îðïïô §¿²¹ ³»³°»®°¿²¶¿²¹ ©¿µ¬« ¿³°¿· ¼»²¹¿² ï Ó¿®»¬ îðïí ¼»²¹¿² ¾·¿§¿ »©¿ »¾»¿® ΰ ïòéëððòðððò Í¿³°¿· ¼»²¹¿² ´¿°±®¿² ·²· ¼·¬»®¾·¬µ¿²ô °»®¶¿²¶·¿² »©¿ ¬»®»¾«¬ ³¿·¸ ¼¿´¿³ °®±» °»®°¿²¶¿²¹¿²ò
This agreement has been amended several times, was made on the last amendment Febuary 27, 2011, which renewed the period until March 1, 2013 with a rental fee of Rp 1,750,000. At the reporting date this agreement is still in process of being renewed.
п¼¿ ¬¿²¹¹¿´ ë ß¹«¬« îðïðô л®«¿¸¿¿² ³»²¹¿¼¿µ¿² °»®¶¿²¶·¿² »©¿ ³»²§»©¿ ®«¿²¹¿² ¾¿²¹«²¿² ¼»²¹¿² ÐÌ Ì·º¿ ß®«³ λ¿´¬§ò 뮶¿²¶·¿² ¬»®»¾«¬ ¾»®´¿µ« »´¿³¿ í ¬¿¸«² ¬»®¸·¬«²¹ »¶¿µ ¬¿²¹¹¿´ ï ѵ¬±¾»® îðïð ¿³°¿· ¼»²¹¿² ¬¿²¹¹¿´ íð Í»°¬»³¾»® îðïíò ´«¿ ®«¿²¹¿² ¾¿²¹«²¿² §¿²¹ ¼·»©¿µ¿² »´«¿ ïïí ³î ¼»²¹¿² ¬¿®·º »©¿ §¿²¹ ¾»®´¿µ« »¾»¿® ΰ éë °»® ³îô èë °»® ³îô ¼¿² çë °»® ³î °»® ¾«´¿² ³¿·²¹ó³¿·²¹ «²¬«µ ¬¿¸«² °»®¬¿³¿ô µ»¼«¿ ¼¿² µ»¬·¹¿ »®¬¿ ”service charge” »¾»¿® ΰ ìð °»® ³î °»® ¾«´¿²ô »®¬¿ ¾·¿§¿ ´·¬®·µ ¼¿² ¬»´°±² ³»²¶¿¼· ¬¿²¹¹«²¹¿² л®«¿¸¿¿² ¾»®¼¿¿®µ¿² °»³¿µ¿·¿²ò 뮶¿²¶·¿² ·²· ¬·¼¿µ ¼·°»®°¿²¶¿²¹ ´¿¹·ò
c. On August 5, 2010, the Company entered into a rental agreement with PT Tifa Arum Realty. This agreement is effective for 3 (three) years from October 1, 2010 to September 30, 2013, The rented area is 113 m2 with rental rate of Rp 75 per m2, 85 per m2, dan 95 per m2 per month for the first, second and third year of rent, respectively, and service charge of Rp 40 per m2 per month in which electricity and telephone charges were based on the Company’s actual usage. This agreement was not extended.
¿ò
½ò
èè
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
37.PERJANJIAN øÔ¿²¶«¬¿²÷
DAN
PERIKATAN
PENTING 37.SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued)
¼ò
п¼¿ ß°®·´ îðïïô л®«¿¸¿¿² ¬»´¿¸ ³»²¹¿¼¿µ¿² °»®¶¿²¶·¿² º¿·´·¬¿ °»³¾·¿§¿¿² °»³¿±µ øsupplier financingŒ÷ µ»®¶¿ ¿³¿ ¿²¬¿®¿ Ü»«¬½¸» Þ¿²µ ßÙ øÜÞ÷ ¼¿² ÐÌ Ë²·´»ª»® ײ¼±²»·¿ô ̾µô ¼·³¿²¿ »¾¿¹·¿² ¬¿¹·¸¿² л®«¿¸¿¿² µ»°¿¼¿ ÐÌ Ë²·´»ª»® ײ¼±²»·¿ô ̾µ ¿µ¿² ¼·¾·¿§¿· ³»²¹¹«²¿µ¿² º¿·´·¬¿ ¿²¶¿µ °·«¬¿²¹ ¬¿²°¿ ¬¿²¹¹«²¹ ®»²¬»²¹ øwithout recourseŒ÷ ±´»¸ ÜÞò
d. In April 2011, the Company entered into supplier financing facility agreement cooperation between Deutsche Bank AG (DB) and PT Unilever Indonesia Tbk, where parts of the Company’s receivable to PT Unilever Indonesia Tbk will be financed using trade receivable factoring without recourse by DB.
»ò
п¼¿ ¾«´¿² Ö«´· îðïíô л®«¿¸¿¿² ¼¿² ÐÌ Ó¿¨·³¿ ײ¬· 벬ô °·¸¿µ ¾»®»´¿·ô ¬»´¿¸ ³»²¹¿¼¿µ¿² °»®¶¿²¶·¿² °»²§»©¿¿² µ»²¼¿®¿¿²ò ÐÌ Ó¿¨·³¿ ײ¬· 벬 ³»²§»¼·¿µ¿² µ»²¼¿®¿¿² §¿²¹ ¿µ¿² ¼·¹«²¿µ¿² ±´»¸ л®«¿¸¿¿² ¼¿´¿³ ³»²¼«µ«²¹ ±°»®¿·±²¿´²§¿ò л®«¿¸¿¿² ³»³¾¿§¿® ¾·¿§¿ »©¿ µ»²¼¿®¿¿² »½¿®¿ ¾«´¿²¿²ò п¼¿ ¬¿¸«² îðïíô л®«¿¸¿¿² ¬»´¿¸ ³»²¹¿µ«· ¾»¾¿² »©¿ µ»°¿¼¿ ÐÌ Ó¿¨·³¿ ײ¬· 벬 »¾»¿® ΰ ììëòëð𠼿² ¼·½¿¬¿¬ »¾¿¹¿· ¾»¾¿² »©¿ °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¬¿¸«² ¾»®¶¿´¿²ò п¼¿ ¾«´¿² ß¹«¬« îðïíô °»®¶¿²¶·¿² »©¿ ³»²§»©¿ ¼»²¹¿² ÐÌ Ó¿¨·³¿ ײ¬· 벬 ¬»´¿¸ ¼·¸»²¬·µ¿² ±´»¸ µ»¼«¿ ¾»´¿¸ °·¸¿µ µ¿®»²¿ ÐÌ Ó¿¨·³¿ ײ¬· 벬 ¬»´¿¸ ³»²¹¿´·¸µ¿² µ»¹·¿¬¿² «¿¸¿ °»²§»¼·¿¿² µ»²¼¿®¿¿² µ»°¿¼¿ ÐÌ Ó·¬®¿ з²¿¬¸·µ¿ Ó«¬·µ¿ 벬 ø°·¸¿µ µ»¬·¹¿÷ò Í»´¿²¶«¬²§¿ °»®¶¿²¶·¿² °»²§»©¿¿² µ»²¼¿®¿¿² ±°»®¿·±²¿´ ¼·´¿µ«µ¿² ¼»²¹¿² ÐÌ Ó·¬®¿ з²¿¬¸·µ¿ Ó«¬·µ¿ 벬 ø°·¸¿µ µ»¬·¹¿÷ò
e. In July 2013, the Company and PT Maxima Inti Rent, a related party, entered into a rental agreement. PT Maxima Inti Rent shall provide the Company with the cars and vehicles for the Company’s operation. The Company shall pay monthly rental fees. During 2013, the Company has recognized the rental expenses in the total amount of Rp 445,500 to PT Maxima Inti Rent and it was recorded as rent expenses in the 2013 consolidated statement of comprehensive income. In August 2013, the agreement was terminated by both companies as the business of PT Maxima Inti Rent was transferred to PT Mitra Pinastika Mustika Rent (third party). in providing the Company’s operational vehicles. Furthermore the new rental agreement was entered into with PT Mitra Pinastika Mustika Rent (third party).
èç
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
38.ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING
38.MONETARY ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
п¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîô Õ»´±³°±µ Ë¿¸¿ ³»³°«²§¿· ¿»¬ ¼¿² ´·¿¾·´·¬¿ ³±²»¬»® ¼¿´¿³ ³¿¬¿ «¿²¹ ¿·²¹ »¾¿¹¿· ¾»®·µ«¬æ îðïí Ó¿¬¿ «¿²¹ ¿·²¹ ø²·´¿· °»²«¸÷ñ Foreign currency Ûµ«·ª¿´»² ñ (full amount) Equivalent ΰ
ß»¬ Õ¿ ¼¿² »¬¿®¿ µ¿
ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ 竬¿²¹ «¿¸¿
竬¿²¹ ´¿·²ó´¿·²
ˬ¿²¹ «¿¸¿
ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° ¼¿² ´¿·²ó´¿·²
Þ»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿® ˬ¿²¹ »©¿ °»³¾·¿§¿¿²
îðïî Ó¿¬¿ «¿²¹ ¿·²¹ ø²·´¿· °»²«¸÷ñ Foreign currency Ûµ«·ª¿´»² ñ (full amount) Equivalent ΰ
ËÍÜ ÎÓÞ ÛËÎ ÍÙÜ ÖÐÇ
ëçíòïíï ïèòèïéòéëð Š íòèíì Š
éòîîçòêêè íéòêîðòèîî Š íêòçïé Š
ïòíéçòëíî éòðèîòïêë ïðòðïï íòçêì ïíòìêè
ËÍÜ ÎÓÞ ËÍÜ ÛËÎ ÎÓÞ
èëòíîï ïëòïççòçìì ìíêòçðè îîòïîî íèíòìíì
ïòðíçòçèí íðòíèèòðíí ëòíîëòìéé íéîòïîç éêêòëêè
ïððòððð ïìòéîèòèíê ïíðòëðë îìòðëè ëèîòêïë
̱¬¿´ ¿»¬ Ô·¿¾·´·¬¿ з²¶¿³¿² ¾¿²µ
As at December 31, 2013 and 2012, the Group has monetary assets and liabilities in foreign currencies as follows:
èîòééçòëçé ËÍÜ ÎÓÞ ÛËÎ ÍÙÜ ËÍÜ ÛËÎ ÎÓÞ ÝØÚ ÍÙÜ ÖÐÇ
ïðòìîîòððì êòçççòçèî ïìíòçèé îíìòéèê íòëííòíìç ïîëòîìë îëòèíêòîêè ëêòêçí ïçòéçî Š
ïîéòðííòèïî ïíòççìòëðë îòìîîòðéì îòîêðòëïê ìíòðêéòççë îòïðêòèðð ëïòêëîòíèí ééèòìçê ïçðòëëé Š
Assets ïíòíìðòðéè Cash and cash equivalents ïðòèèèòëìë ïîèòîìï íïòíìê ïòëðè Short-term investment çêéòððð in marketable securities îîòêììòççé Trade receivable ïòîêïòçèî íðèòïèí èçëòéìé Other receivable ëðòìêéòêîé
Liabilities Bank loans
èòìéïòíêç îòëêìòèçð íêòéëì Š íòêçèòììë çêòíëì îíòëèíòçïé ïðëòéðë ïêòìéè êíëòëèè
èïòçïèòïíç íòçìíòìðð ìéðòèïð Š íëòéêíòçêè ïòîíìòîèï íêòîëçòíîè ïòïîðòïîç ïíðòîçî éïòïêë
Purchase of property, plant,and equipment and éòéíéòëèì other payables Š ïèòëíïòîêé éòèðêòìéí éòçìïòëêç Š
ÎÓÞ ËÍÜ ÛËÎ ÖÐÇ ÝØÚ ÍÙÜ
îòíçêòéðê éçêòîëð îòëìçòïîð îïòèéëòððð êòíííòððî íòëðè
ìòéçïòëìî çòéðëòìçï ìîòèéçòèêç îòëìïòïçí èêòçêíòíêí ííòééé
ëòðíîòéðê Š ïòììêòêìï êçòéîïòíìç éìçòìíè Š
ÎÓÞ ÍÙÜ ËÍÜ
ìòïêîòèêî ïïòðèì ìòëìîòëëè
èòíîîòìéê ïðêòéïê ëëòíêçòîíê
çêëòççì éòëëí êòìïíòêèé
ïòìèëòïéè ëçòéîï êîòðîðòíëé
̱¬¿´ ´·¿¾·´·¬¿
ìëìòîîðòèðï
îêêòìçíòêêï
Ô·¿¾·´·¬¿ ²»¬±
øíéïòììïòîðì÷
øîïêòðîêòðíì÷
çð
Total assets
Trade payables
Accrued expenses Finance lease payable Total liabilities Net liabilities
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
39.AKTIVITAS NON KAS
39.NON-CASH ACTIVITIES 2013 Rp
2012 Rp
PENGUNGKAPAN TAMBAHAN ßµ¬·ª·¬¿ ·²ª»¬¿· ¼¿² °»²¼¿²¿¿² §¿²¹ ¬·¼¿µ ³»³°»²¹¿®«¸· µ¿ æ Õ»²¿·µ¿² ø°»²«®«²¿²÷ ·²ª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µæ ó µ»²¿·µ¿² ø°»²«®«²¿²÷ ²·´¿· ·²ª»¬¿· »º»µ ó »´··¸ µ«® §¿²¹ ¾»´«³ ¬»®»ª¿´«¿· ó °»²¿³¾¿¸¿² ·²ª»¬¿· ¼¿´¿³ »º»µ ³»´¿´«· ¾«²¹¿ ¼¿² ¼·ª·¼»² л²·²¹µ¿¬¿² ø°»²«®«²¿²÷ °·²¶¿³¿² ³»´¿´«· æ ó °»´«²¿¿² «¬¿²¹ ¼¿¹¿²¹
SUPPLEMENTAL DISCLOSURES Non cash investing and financing activities:
èïèòìîì ïëðòììì
øïîòîïî ÷ êðòîðð
èéòìíè
èðòèéê
çéòðéðòëèî
íðòïèëòðêè
îêòéííòéëë
øíòïéîòïèð ÷
Increase (decrease) in bank loan by: - settlement of trade payable - unrealized gain (loss) on foreign exchange
çðìòèêî
øèçòðìì ÷
Decrease of property, plant and equipment by: - write-off
¾¿²µ
ó ´¿¾¿ ø®«¹·÷ »´··¸ µ« ¾»´«³ ¬»®»¿´·¿· л²«®«²¿² ¿»¬ ¬»¬¿° ³»´¿´«·æ ó °»²¹¸¿°«¾«µ«¿² л²¿³¾¿¸¿² ¿»¬ ¬»¬¿° ³»´¿´«·æ ó ó ó ó
Increase (decrease) of short-term investment in marketable securities: - increase (decrease) in value of investmentsecurities - unrevaluated foreign exchange - increase in short-term investment by interest and dividend
«¬¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° «¿²¹ ³«µ¿ °·²¶¿³¿² ¾¿²µ «¬¿²¹ »©¿ °»³¾·¿§¿¿²
Õ»«²¬«²¹¿² ¼·¬¿²¹¹«¸µ¿² ¿¬¿ ¬®¿²¿µ· °»²¶«¿´¿² ¿»¬ ¬»¬¿° ¼¿² ¼·»©¿ µ»³¾¿´· л²¿³¾¿¸¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿² ³»´¿´«· °»³¾·¿§¿¿² ´¿²¹«²¹ л²¿³¾¿¸¿² ø°»²«®«²¿²÷ «¬¿²¹ »©¿ °»³¾·¿§¿¿² ³»´¿´«· ´¿¾¿ »´··¸ µ«® ¾»´«³ ¬»®»¿´·¿· л²¿³¾¿¸¿² «¬¿²¹ ¼·ª·¼»² §¿²¹ ¾»´«³ ¼·¾¿§¿®µ¿² ¬¿¸«² ·²· λµ´¿·º·µ¿· «¬¿²¹ »©¿ °»³¾·¿§¿¿² µ» «¬¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿°
ïîèòðëèòðèê èòçïîòðìé ïíòìíîòèðë ïëòèîêòèíç
íéòïééòíèç ïòííêòîêï çòìëìòìëí ïêòêçðòëêï
ïîëòííë
éïéòêçë
Š
íòéîçòçëé
ïîòíìéòêíð
ïòðéêòêðç
ïíêòððè
ïêéòïîí
øéòçççòðíï ÷
çï
Š
Additions to property, plant and equipment by: - purchase of property, plant and equipment payables - advance payment - bank loan - finance lease Deferred gain on sale and lease-back transaction Additional obligation under finance lease through direct lease Increase (decrease) of obligation under finance lease by unrealized gain on foreign exchange Additional unpaid dividends payable this year Reclassification of obligation under finance lease to purchase of property, plant and equipment
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
40.TUJUAN DAN KEBIJAKAN MANAJEMEN RISIKO KEUANGAN
40.FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES
A.Manajemen risiko
A.Risk management
Õ»´±³°±µ Ë¿¸¿ ¼·¸¿¼¿°µ¿² °¿¼¿ ¾»¾»®¿°¿ ®··µ± µ»«¿²¹¿² »¸«¾«²¹¿² ¼»²¹¿² ·²¬®«³»² µ»«¿²¹¿²ò η·µ± §¿²¹ ¬»®«¬¿³¿ ¿¼¿´¿¸ ®··µ± °¿¿®ô ®··µ± µ®»¼·¬ô ®··µ± ´·µ«·¼·¬¿ ¼¿² ®··µ± ¾·²·ò
The Group is exposed to a variety of financial risks in relation to financial instruments. The main types of risks are market risks, credit risks, liquidity risks and business risk.
Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ »½¿®¿ ¿µ¬·º ³»´¿µ«µ¿² °»®¼¿¹¿²¹¿² ¿»¬ µ»«¿²¹¿² «²¬«µ ¬«¶«¿² °»µ«´¿· ¿¬¿« °«² ³»³¾«¿¬ ±°·ò η·µ± µ»«¿²¹¿² §¿²¹ °¿´·²¹ ¾»®°»²¹¿®«¸ ¬»®¸¿¼¿° Õ»´±³°±µ Ë¿¸¿ ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬ æ
The Group does not actively engage in the trading of financial assets for speculative purposes nor does it write options. The most significant financial risks to which the Group is exposed are described below:
¿ò
a.
η·µ± °¿¿® Õ»´±³°±µ Ë¿¸¿ ¼·¸¿¼¿°µ¿² °¿¼¿ ®··µ± °¿¿® ¼¿´¿³ ³»²¹¹«²¿µ¿² ·²¬®«³»² µ»«¿²¹¿² µ¸««²§¿ ®··µ± ³¿¬¿ «¿²¹ ¼¿² ®··µ± ¬·²¹µ¿¬ «µ« ¾«²¹¿ §¿²¹ ¼·¸¿·´µ¿² ³»´¿´«· ¿µ¬·ª·¬¿ ±°»®¿· ¼¿² ¿µ¬·ª·¬¿ ·²ª»¬¿·ô ¼¿² ¿µ¬·ª·¬¿ °»²¼¿²¿¿²ò ·÷
Market risk The Group is exposed to markets risk through its use of financial instruments and specifically to currency risk and interest risk which result from both of its operating and investing activities, and financing activities. i) Foreign currency risks
η·µ± ³¿¬¿ «¿²¹ ¿·²¹ Í»¾¿¹·¿² ¾»¿® ¬®¿²¿µ· ¼¿®· Õ»´±³°±µ Ë¿¸¿ ¼· ײ¼±²»·¿ ¼·´¿µ«µ¿² ¼»²¹¿² ³»²¹¹«²¿µ¿² ³¿¬¿ «¿²¹ Ϋ°·¿¸ò η·µ± ¬»®¸¿¼¿° º´«µ¬«¿· °»®¬«µ¿®¿² ³¿¬¿ «¿²¹ ¿·²¹ ¬»®«¬¿³¿ ¼·»¾¿¾µ¿² ±´»¸ ¬®¿²¿µ· ¼¿´¿³ ³¿¬¿ «¿²¹ ¿·²¹ »°»®¬· °»³¾»´·¿²ô °·²¶¿³¿² ¼¿´¿³ ³¿¬¿ «¿²¹ ¿·²¹ô ¼¿² Û²¬·¬¿ ß²¿µ §¿²¹ ¬»®´»¬¿µ ¼· ´«¿® ²»¹»®·ô ¼·³¿²¿ ³»²¹¹«²¿µ¿² ³¿¬¿ «¿²¹ Ç«¿² λ²³·²¾· ݸ·²¿ ¼¿² ܱ´¿® Í·²¹¿°«®¿ò
Most of the Group transactions in Indonesia are carried out in Indonesian rupiah. Exposure to currency fluctuation mainly because of foreign currency denominated transaction such us purchase, borrowings denominated in foreign currency, and its overseas Subsidiaries which are denominated in China Yuan Renminbi and Singapore Dollar.
Õ»´±³°±µ Ë¿¸¿ ¬·¼¿µ ¬»®´»°¿ ¼¿®· ®··µ± °¿¿® »¸«¾«²¹¿² ¼»²¹¿² º´«µ¬«¿· ²·´¿· ¬«µ¿® ³¿¬¿ «¿²¹ ¿·²¹ò ˲¬«µ ³»²¹¿¬¿· ®··µ± ¬»®¸¿¼¿° ³¿¬¿ «¿²¹ ¿·²¹ô Õ»´±³°±µ Ë¿¸¿ »½¿®¿ ¿µ¬·º ³»³±²·¬±® °»®¹»®¿µ¿² ²·´¿· ¬«µ¿® ³¿¬¿ «¿²¹ ¿·²¹ «²¬«µ ³»²¹»´±´¿ ¼¿³°¿µ ¼¿®· º´«µ¬«¿· ²·´¿· ¬«µ¿® ³¿¬¿ «¿²¹ ¿·²¹ò
The Group is subject to the market risk due to foreign exchange fluctuation. To mitigate, the Group’s exposure to foreign currency risk, The Group actively monitors the foreign currency movements to manage the impact of the foreign exchange fluctuations.
çî
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
40.TUJUAN DAN KEBIJAKAN MANAJEMEN RISIKO KEUANGAN øÔ¿²¶«¬¿²÷
40.FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES (Continued) A.Risk management (Continued)
A.Manajemen risiko øÔ¿²¶«¬¿²÷ ¿ò
··÷
¾ò
a.
η·µ± °¿¿® øÔ¿²¶«¬¿²÷
Market risk (Continued) ii) Interest rate risk
η·µ± ¬·²¹µ¿¬ «µ« ¾«²¹¿ Õ»´±³°±µ Ë¿¸¿ ¶«¹¿ ¼·¸¿¼¿°µ¿² °¿¼¿ ®··µ± °»®«¾¿¸¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ §¿²¹ ¾»®°»²¹¿®«¸ °¿¼¿ °»²»³°¿¬¿² «¿²¹ ¼· ¾¿²µ ¼¿² °·²¶¿³¿² §¿²¹ ³»²¹¹«²¿µ¿² ¬·²¹µ¿¬ ¾«²¹¿ ³»²¹¿³¾¿²¹ò
The Group is also exposed to changes in interest rate due to the impact of such changes may have on bank deposits and borrowings that carry floating interest rate.
˲¬«µ ³»²¹»´±´¿ ®··µ± ¬·²¹µ¿¬ «µ« ¾«²¹¿ô Õ»´±³°±µ Ë¿¸¿ ¿µ¿² ³»²¼¿°¿¬µ¿² «³¾»® °»²¼¿²¿¿² §¿²¹ ³»²¿©¿®µ¿² °»²¹¹¿¾«²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ µ±³¾·²¿· ¿²¬¿®¿ ¬·²¹µ¿¬ «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ ¼¿² ¬»¬¿°ò Ì·²¹µ¿¬ «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ ¿µ¿² ¼·¬·²¶¿« µ»³¾¿´· ¼¿² ¼·»«¿·µ¿² ¼»²¹¿² ¬·²¹µ¿¬ «µ« ¾«²¹¿ °¿¿® »¬·¿° ¬·¹¿ ¾«´¿² ¿¬¿« »¬·¿° »²¿³ ¾«´¿²ò
To manage the interest rate risk, the Group will obtain financing that would provide an appropriate mix of floating and fix interest rate. The floating of interest rate will be reviewed and adjusted accordingly with the market rate in every quarter or every half year.
b.
η·µ± µ®»¼·¬
Credit risks
Õ»´±³°±µ Ë¿¸¿ ³»²»³°¿¬µ¿² °»²¼¿²¿¿²²§¿ °¿¼¿ ´»³¾¿¹¿ µ»«¿²¹¿² §¿²¹ ¬»®°»®½¿§¿ò
The Group places their bank balances with credit worthy financial institutions.
η·µ± µ®»¼·¬ ³»²¹¿½« µ»°¿¼¿ µ»¹¿¹¿´¿² «²¬«µ ³»³¾¿§¿® µ»©¿¶·¾¿²²§¿ ±´»¸ °·¸¿µ §¿²¹ ¾»®µ¿·¬¿² »¸·²¹¹¿ Õ»´±³°±µ Ë¿¸¿ ³»²¼»®·¬¿ µ»®«¹·¿²ò
Credit risk refers to the risk that a counterparty fails to discharge an obligation to the Group resulting in a loss.
η·µ± µ®»¼·¬ Õ»´±³°±µ Ë¿¸¿ ¬»®«¬¿³¿ ¬»®¸¿¼¿° °·«¬¿²¹ ¼¿¹¿²¹ò л®«¿¸¿¿² ¼¿² ß²¿µ л®«¿¸¿¿² ³»³·´·µ· µ»¾·¶¿µ¿²ô ¸¿²§¿ ¿µ¿² ¾»®¬®¿²¿µ· ¼»²¹¿² °·¸¿µ µ»¬·¹¿ §¿²¹ ³»³·´·µ· ®»°«¬¿·ò Õ»´±³°±µ Ë¿¸¿ ¬»®« ³»²»®« ³»³±²·¬±® ®··µ± ¼¿² °·¸¿µ §¿²¹ ¾»®µ¿·¬¿²ò Í¿´¼± ¼¿² «³«® °·«¬¿²¹ ¼¿¹¿²¹ ¿¼¿´¿¸ ³¿·¸ ¼¿´¿³ ¿³¾¿²¹ ¾¿¬¿ ¼¿² °»®§¿®¿¬¿² ¶¿²¹µ¿ ©¿µ¬« µ®»¼·¬ò л²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ ¸¿²§¿ ¼·´¿µ«µ¿² ¬»®¸¿¼¿° °·«¬¿²¹ ¼¿¹¿²¹ §¿²¹ ¬»®·²¼·µ¿· µ»¬»®¬¿¹·¸¿²²§¿ ¼»²¹¿² ¬·²¼¿µ¿² §¿²¹ ¬»°¿¬ «²¬«µ ³»²»®·³¿ °»³¾¿§¿®¿² ¼¿² ³»²¹«®¿²¹· ®··µ± µ®»¼·¬ò
The Group’s credit risk is primarily attributable to trade accounts receivable. The Group’s policies are to deal only with respected and credit worthy third parties. The Group’s exposure and counterparties are continuously monitored. The balance and aging of the trade receivables are within the credit limit and terms of credit. Provision is created for any impairment in the value of receivable with proper action to collect the payment and reduce the risk.
Ò·´¿· ¬»®½¿¬¿¬ ¼¿®· ¿»¬ µ»«¿²¹¿² °¿¼¿ ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ¿¼¿´¿¸ ²·´¿· ²»¬± »¬»´¿¸ ¼·µ«®¿²¹· ¼»²¹¿² »´«®«¸ °»²§··¸¿² ¿µ¿² µ»®«¹·¿² §¿²¹ ¼·¼»®·¬¿ Õ»´±³°±µ Ë¿¸¿ ¬»®¸¿¼¿° ®··µ± µ®»¼·¬ò
The carrying amount of financial assets recorded in the consolidated financial statements, net of any allowance for impairment represents the Group’s exposure to credit risk.
çí
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
40.TUJUAN DAN KEBIJAKAN MANAJEMEN RISIKO KEUANGAN øÔ¿²¶«¬¿²÷
40.FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES (Continued) A.Risk management (Continued)
A.Manajemen risiko øÔ¿²¶«¬¿²÷
c.
½ò η·µ± ´·µ«·¼·¬¿
Liquidity risks
Õ»´±³°±µ Ë¿¸¿ ³»²¹»´±´¿ ®··µ± ´·µ«·¼·¬¿ ¼»²¹¿² ³»²¶¿¹¿ µ»½«µ«°¿² ½¿¼¿²¹¿²ô º¿·´·¬¿ ¾¿²µ ¼¿² °·²¶¿³¿² ¼»²¹¿² ¬»®« ³»²»®« ³»³±²·¬±® °®±§»µ· ¼¿² ¿µ¬«¿´ ¿®« µ¿ ¼¿² ³»³¿¼«µ¿² ¶¿¬«¸ ¬»³°± ¿»¬ ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿²ò
The Group manages its liquidity risk by maintaining adequate reserves, banking facility and reserve borrowing facilities by continuously monitoring forecast and actual cash flows and matching the maturity profiles of financial assets and liabilities.
Õ»´±³°±µ Ë¿¸¿ ³»²¶¿¹¿ µ»½«µ«°¿² ¼¿²¿ «²¬«µ µ»¾«¬«¸¿² ³±¼¿´ µ»®¶¿ò
The Group maintains sufficient funds to finance its ongoing working capital requirements. d.
¼ò η·µ± ¾·²· Í»´¿³¿ ¬¿¸«² îðïí ¼¿² îðïîô ¬±¬¿´ °»²¶«¿´¿² µ±²±´·¼¿·¿² Õ»´±³°±µ Ë¿¸¿ µ»°¿¼¿ ÐÌ Ë²·´»ª»® ײ¼±²»·¿ ̾µ ¼¿² ˲·´»ª»® Ý·²¿ ø˲·´»ª»®÷ ³»²½¿°¿· ³¿·²¹ó³¿·²¹ »¾»¿® êçû ¼¿² êèûò Ì·²¹¹·²§¿ µ»¬»®¹¿²¬«²¹¿² °»²¶«¿´¿² µ»°¿¼¿ ˲·´»ª»® ³»²·³¾«´µ¿² ®··µ± ¾·²· µ»°¿¼¿ Õ»´±³°±µ Ë¿¸¿ò ßµ¿² ¬»¬¿°· «²¬«µ ³»²¹¿¬¿· ®··µ± ¾·²· ·²·ô Õ»´±³°±µ Ë¿¸¿ ¬»´¿¸ ³»²¶¿´·² µ»®¶¿¿³¿ §¿²¹ ¾¿·µ »¾¿¹¿· °»³¿±µ «¬¿³¿ µ»°¿¼¿ ˲·´»ª»® »´¿³¿ °«´«¸¿² ¬¿¸«²ò B.Pengelolaan modal
Business risks In 2013 and 2012, total consolidated sales of the Group to PT Unilever Indonesia Tbk and Unilever China (Unilever) amounted to 69% and 68%, respectively. High dependency on sale to Unilever creates business risk to the Group. However, to mitigate the business risk, the Group has established a very good cooperation relationship as major supplier to Unilever for decades.
B.Capital management
Ì«¶«¿² «¬¿³¿ °»²¹»´±´¿¿² ³±¼¿´ Õ»´±³°±µ Ë¿¸¿ ¿¼¿´¿¸ «²¬«µ ³»³¿¬·µ¿² °»³»´·¸¿®¿¿² ®¿·± ³±¼¿´ ³»²¼«µ«²¹ «¿¸¿ ¼¿² §¿²¹ »¸¿¬ «²¬«µ ³»³¿µ·³¿´µ¿² ·³¾¿´¿² ¾¿¹· °»³»¹¿²¹ ¿¸¿³ò
The primary objective of the Group’s capital management is to ensure that it maintains healthy capital ratios in order to support its business and to maximize stockholder value.
Í»´¿·² ·¬«ô Õ»´±³°±µ Ë¿¸¿ ¼· ײ¼±²»·¿ ¼·°»®§¿®¿¬µ¿² ±´»¸ ˲¼¿²¹ó«²¼¿²¹ л®»®±¿² Ì»®¾¿¬¿ »º»µ¬·º ¬¿²¹¹¿´ ïê ß¹«¬« îððé «²¬«µ ³»²¹µ±²¬®·¾«·µ¿² ¿³°¿· ¼»²¹¿² îðû ¼¿®· ³±¼¿´ ¿¸¿³ ¼·¬»³°¿¬µ¿² ¼¿² ¼·»¬±® °»²«¸ µ» ¼¿´¿³ ¼¿²¿ ½¿¼¿²¹¿² §¿²¹ ¬·¼¿µ ¾±´»¸ ¼·¼·¬®·¾«·µ¿²ò 뮧¿®¿¬¿² °»®³±¼¿´¿² »µ¬»®²¿´ ¬»®»¾«¬ ¼·°»®¬·³¾¿²¹µ¿² ±´»¸ Õ»´±³°±µ Ë¿¸¿ °¿¼¿ ο°¿¬ ˳«³ л³»¹¿²¹ Í¿¸¿³ øÎËÐÍŒ÷ò
In addition, the Group in Indonesia is also required by the Corporate Law effective August 16, 2007 to contribute to and maintain a non-distributable reserve fund until the said reserve reaches 20% of the issued and fully paid capital stock. This externally imposed capital requirements are considered by the Group at the Annual General Stockholders’ Meeting (“AGM”).
çì
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
40.TUJUAN DAN KEBIJAKAN MANAJEMEN RISIKO KEUANGAN øÔ¿²¶«¬¿²÷
40.FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES (Continued)
B.Pengelolaan modal øÔ¿²¶«¬¿²÷
B.Capital management (Continued)
Õ»´±³°±µ Ë¿¸¿ ³»²¹»´±´¿ ¬®«µ¬«® °»®³±¼¿´¿² ¼¿² ³»´¿µ«µ¿² °»²§»«¿·¿² ¬»®¸¿¼¿° °»®«¾¿¸¿² µ±²¼·· »µ±²±³·ò ˲¬«µ ³»³»´·¸¿®¿ ¼¿² ³»²§»«¿·µ¿² ¬®«µ¬«® °»®³±¼¿´¿²ô Õ»´±³°±µ Ë¿¸¿ ¼¿°¿¬ ³»²§»«¿·µ¿² °»³¾¿§¿®¿² ¼·ª·¼»² µ»°¿¼¿ °»³»¹¿²¹ ¿¸¿³ô ³»²»®¾·¬µ¿² ¿¸¿³ ¾¿®« ¿¬¿« ³»²¹«¿¸¿µ¿² °»²¼¿²¿¿² ³»´¿´«· °·²¶¿³¿²ò Ì·¼¿µ ¿¼¿ °»®«¾¿¸¿² ¿¬¿ ¬«¶«¿²ô µ»¾·¶¿µ¿² ³¿«°«² °®±» °»²¹»´±´¿¿² ³±¼¿´ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîò
The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Group may adjust the dividend payment to stockholders, issue new shares or raise debt financing. No changes were made in the objectives, policies or processess on capital management as of December 31, 2013 and 2012.
Õ»¾·¶¿µ¿² Õ»´±³°±µ Ë¿¸¿ ¿¼¿´¿¸ ³»³°»®¬¿¸¿²µ¿² ¬®«µ¬«® °»®³±¼¿´¿² §¿²¹ »¸¿¬ «²¬«µ ³»²¹¿³¿²µ¿² ¿µ» ¬»®¸¿¼¿° °»²¼¿²¿¿² °¿¼¿ ¾·¿§¿ §¿²¹ ©¿¶¿®ò
The Group’s policy is to maintain a healthy capital structure in order to secure access to financing at a reasonable cost.
Þ»®·µ«¬ ®·²¹µ¿¿² °»®«¾¿¸¿² ¬®«µ¬«® °»®³±¼¿´¿² ¼¿®· ¬¿¸«² µ» ¬¿¸«² æ
The following table sets out the historical changes of the Company’s capital structures :
Ì¿¸«²ñ Year л²¿©¿®¿² «³«³ °»®¼¿²¿ ïòéëðòðð𠿸¿³ »¸·²¹¹¿ ¿¸¿³ §¿²¹ ¼·µ»´«¿®µ¿² ¾»®¶«³´¿¸ ëòéëðòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰïòððð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ ¼»²¹¿² ¸¿®¹¿ °»²¿©¿®¿² ΰ éòçðð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ò
ïçèç
Initial public offering for 1,750,000 shares, accordingly the issued capital to be 5,750,000 shares with the par value of Rp1,000 (Full amount) per share and an offering price of Rp 7,900 (Full amount) per share.
л²¿©¿®¿² «³«³ ¬»®¾¿¬¿ ¼»²¹¿² ¸¿µ ³»³»¿² »º»µ ¬»®´»¾·¸ ¼¿¸«´« øØÓÌÛÜ÷ »¾»¿® ïéòîëðòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰïòððð øΫ°·¿¸ °»²«¸÷ ¼¿² ¸¿®¹¿ °»²¿©¿®¿² ΰ ïòððð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ò
ïççí
Limited public offering with pre-emptive rights for 17,250,000 shares with par value of Rp1,000 (Full amount) per share and offering price of Rp1,000 (Full amount) per share.
л³»½¿¸¿² ²·´¿· ²±³·²¿´ ¿¸¿³ ¼¿®· ΰ ïòððð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ ³»²¶¿¼· ΰ ëðð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ »¸·²¹¹¿ ¶«³´¿¸ ¿¸¿³ ¾»®»¼¿® ³»²·²¹µ¿¬ ¼¿®· îíòðððòðð𠿸¿³ ³»²¶¿¼· ìêòðððòðð𠿸¿³ò
ïççè
Stock split on the par value from Rp 1,000 (Full amount) per share to Rp 500 (Full amount) per share resulting the increase in shares issued from 23,000,000 shares to 46,000,000 shares. Distribution of bonus stock which is taken from the paid up capital amounted to Rp11,500,000 or equivalent to 23,000,000 shares.
л³¾¿¹·¿² ¿¸¿³ ¾±²« §¿²¹ ¾»®¿¿´ ¼¿®· ¿¹·± ¿¸¿³ »¾»¿® ΰïïòëððòðð𠿬¿« »¬¿®¿ ¼»²¹¿² îíòðððòðð𠿸¿³ò л³»½¿¸¿² ²·´¿· ²±³·²¿´ ¿¸¿³ ¼¿®· ΰëðð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ ¬± ΰ îëð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ »¸·²¹¹¿ ¶«³´¿¸ ¿¸¿³ ¾»®»¼¿® ³»²·²¹µ¿¬ ¼¿®· êçòðððòðð𠿸¿³ ³»²¶¿¼· ïíèòðððòðð𠿸¿³ò
îððè
Stock split on the par value from Rp 500 (Full amount) per share to Rp 250 (Full amount) per share resulting to the increase in shares issued from 69,000,000 shares to 138,000,000 shares.
л³»½¿¸¿² ²·´¿· ²±³·²¿´ ¿¸¿³ ¼¿®· ΰîëð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ ¬± ΰëð øΫ°·¿¸ °»²«¸÷ °»® ¿¸¿³ »¸·²¹¹¿ ¶«³´¿¸ ¿¸¿³ ¾»®»¼¿® ³»²·²¹µ¿¬ ¼¿®· ïíèòðððòðð𠿸¿³ ³»²¶¿¼· êçðòðððòðð𠿸¿³ò
îðïî
Stock split on the par value from Rp 250 (Full amount) per share to Rp50 (Full amount) per share resulting the increase in shares issued from 138,000,000 shares to 690,000,000 shares.
çë
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
41.NILAI WAJAR DARI INSTRUMEN KEUANGAN
41.FAIR VALUE OF FINANCIAL INSTRUMENTS
ײ¬®«³»² µ»«¿²¹¿² §¿²¹ ¼·¿¶·µ¿² ¼· ¼¿´¿³ ´¿°±®¿² °±·· µ»«¿²¹¿² µ±²±´·¼¿·¿² ¼·½¿¬¿¬ »¾»¿® ²·´¿· ©¿¶¿® ¿¬¿« ¼·¿¶·µ¿² ¼¿´¿³ ¶«³´¿¸ ¬»®½¿¬¿¬ ¾¿·µ µ¿®»²¿ ¶«³´¿¸ ¬»®»¾«¬ ¿¼¿´¿¸ »¬·³¿· ²·´¿· ©¿¶¿®²§¿ ¿¬¿« µ¿®»²¿ ²·´¿· ©¿¶¿®²§¿ ¬·¼¿µ ¼¿°¿¬ ¼·«µ«® »½¿®¿ ¸¿²¼¿´ò
Financial instruments presented in the consolidated statements of financial position are carried at fair value, otherwise, they are presented at carrying amounts as either these are reasonable approximation of fair values or their fair values cannot be reliably measured.
Ì¿¾»´ ¾»®·µ«¬ ³»²§¿¶·µ¿² µ´¿·º·µ¿· ¿»¬ ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² л®«¿¸¿¿² °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí ¼¿² îðïîæ
The following table sets out the Company’s financial assets and liabilities as of December 31, 2013 and 2012:
з²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ñ Loan and receivables ΰ
ˬ¿²¹ ¼¿² °·²¶¿³¿² °¿¼¿ ¾·¿§¿ Ò·´¿· ©¿¶¿® °»®±´»¸¿² ³»´¿´«· ´¿¾¿ ¼·¿³±®¬·¿·ñ ¿¬¿« ®«¹·ñ Loan and Fair value through profit borrowing at or loss amortized cost ΰ ΰ
̱¬¿´ñTotal ΰ
31 Desember 2013 Aset lancar Õ¿ ¼¿² »¬¿®¿ µ¿ ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ 竬¿²¹ «¿¸¿ 竬¿²¹ ´¿·²ó´¿·² Aset tidak lancar Ë¿²¹ ¶¿³·²¿² ̱¬¿´ Liabilitas jangka pendek з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ ˬ¿²¹ «¿¸¿ ˬ¿²¹ ´¿·²ó´¿·²
December 31, 2013 éíòððíòïïï Š ïëèòïïëòïèð ïòèèðòìðí ìòðïðòîêè îíéòððèòçêî
Š ëòïðìòìëî Š Š Š ëòïðìòìëî
Š
éíòððíòïïï
Š Š Š
ëòïðìòìëî ïëèòïïëòïèð ïòèèðòìðí
Current assets Cash and cash equivalents Short-term investment in marketable securities Trade receivables Other receivables
Š
ìòðïðòîêè
Non-current assets Security deposits
Š
îìîòïïíòìïì
Total Current liabilities Short-term bank loans Trade payables Other payables Purchase of property plant and equipment payable Accrued expense Current portion of long-term liabilities: Bank loans Obligation under finance leases
Š Š Š
Š Š Š
ïçìòçðèòéîê ïêèòîêïòïéï èòéêéòîçè
ïçìòçðèòéîê ïêèòîêïòïéï èòéêéòîçè
Š Š
Š Š
ïçòççîòèêë îèòéèðòðîð
ïçòççîòèêë îèòéèðòðîð
Š
Š
èëòêîêòïêî
èëòêîêòïêî
Š
Š
îêòééêòëéï
îêòééêòëéï
Liabilitas jangka panjang з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °¿²¶¿²¹
Š
Š
ééòçïéòìêð
ééòçïéòìêð
ˬ¿²¹ »©¿ °»³¾·¿§¿¿²
Š
Š
íïòîêîòîðë
íïòîêîòîðë
Non-current liabilities Bank loans Obligation under finance leases
̱¬¿´
Š
Š
êìîòîçîòìéè
êìîòîçîòìéè
Total
ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° Þ»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿® Þ¿¹·¿² ´¿²½¿® ¼¿®· ´·¿¾·´·¬¿ ¶¿²¹µ¿ °¿²¶¿²¹æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿²
çê
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
41.NILAI WAJAR DARI INSTRUMEN KEUANGAN øÔ¿²¶«¬¿²÷
з²¶¿³¿² §¿²¹ ¼·¾»®·µ¿² ¼¿² °·«¬¿²¹ñ Loan and receivables ΰ
41.FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued)
ˬ¿²¹ ¼¿² °·²¶¿³¿² °¿¼¿ ¾·¿§¿ Ò·´¿· ©¿¶¿® °»®±´»¸¿² ³»´¿´«· ´¿¾¿ ¼·¿³±®¬·¿·ñ ¿¬¿« ®«¹·ñ Loan and Fair value through profit borrowing at or loss amortized cost ΰ ΰ
̱¬¿´ñTotal ΰ
31 Desember 2012 Aset lancar Õ¿ ¼¿² »¬¿®¿ µ¿ ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ 竬¿²¹ «¿¸¿ 竬¿²¹ ´¿·²ó´¿·² Aset tidak lancar 竬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿· Ë¿²¹ ¶¿³·²¿² ̱¬¿´ Liabilitas jangka pendek з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ ˬ¿²¹ «¿¸¿ ˬ¿²¹ ´¿·²ó´¿·² ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° Þ»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿® Þ¿¹·¿² ´¿²½¿® ¼¿®· ´·¿¾·´·¬¿ ¶¿²¹µ¿ °¿²¶¿²¹æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿² Liabilitas jangka panjang з²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °¿²¶¿²¹ ˬ¿²¹ »©¿ °»³¾·¿§¿¿² ̱¬¿´
December 31, 2012 ìíòéííòíçé Š ïíéòðçðòèêê èòçíìòéçè
îòîëìòéðð ïòëïîòêèè ïçíòëîêòììç
Š ëòðìèòïìé Š Š
Š Š ëòðìèòïìé
Š
ìíòéííòíçé
Š Š Š
ëòðìèòïìé ïíéòðçðòèêê èòçíìòéçè
Current assets Cash and cash equivalents Short-term investment in marketable securities Trade receivables Other receivables
Š Š
îòîëìòéðð ïòëïîòêèè
Non-current assets Due from related parties Security deposits
Š
ïçèòëéìòëçê
Total Current liabilities Short-term bank loans Trade payables Other payables Purchase of property plant and equipment payable Accrued expense Current portion of long-term liabilities: Bank loans Obligation under finance leases
Š Š Š
Š Š Š
èîòéïíòêðí ïîîòêéíòêçð çòèêçòððï
èîòéïíòêðí ïîîòêéíòêçð çòèêçòððï
Š Š
Š Š
íëòëèìòïçð çòíííòêîî
íëòëèìòïçð çòíííòêîî
Š Š
Š Š
ëïòéëðòëîë
ëïòéëðòëîë
Š
Š
îíòíïçòìðè
îíòíïçòìðè
Š
Š
êçòðèëòïíè
êçòðèëòïíè
Š
Š
íèòèîçòêïç
íèòèîçòêïç
Non-current liabilities Bank loans Obligation under finance leases
Š
Š
ììíòïëèòéçê
ììíòïëèòéçê
Total
Ò·´¿· ©¿¶¿® ¿»¬ µ»«¿²¹¿² ¼¿² ´·¿¾·´·¬¿ µ»«¿²¹¿² ¼·¿¶·µ¿² »¾»¿® ¶«³´¿¸ ¼·³¿²¿ ·²¬®«³»² µ»«¿²¹¿² ¬»®»¾«¬ ¼¿°¿¬ ¼·°»®¬«µ¿®µ¿² ¼· ¼¿´¿³ ¬®¿²¿µ· ¶¿²¹µ¿ °»²¼»µ ¿²¬¿®¿ °·¸¿µ §¿²¹ ¾»®µ»·²¹·²¿² ¼¿² ³»³·´·µ· °»²¹»¬¿¸«¿² §¿²¹ ³»³¿¼¿· ³»´¿´«· «¿¬« ¬®¿²¿µ· §¿²¹ ©¿¶¿®ô »´¿·² ¼· ¼¿´¿³ °»²¶«¿´¿² ¬»®°¿µ¿ ¿¬¿« °»²¶«¿´¿² ´·µ«·¼¿·ò çé
The fair values of the financial assets and liabilities are presented as the amount at which the instrument could be exchanged in a current transaction between knowledgeable willing parties in an arm's length transaction, other than in a forced or liquidation sale.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
41.NILAI WAJAR DARI INSTRUMEN KEUANGAN øÔ¿²¶«¬¿²÷
41.FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued)
Ó»¬±¼»ó³»¬±¼» ¼¿² ¿«³·ó¿«³· ¼· ¾¿©¿¸ ·²· ¼·¹«²¿µ¿² «²¬«µ ³»²¹»¬·³¿· ²·´¿· ©¿¶¿® «²¬«µ ³¿·²¹ó³¿·²¹ µ»´¿ ·²¬®«³»² µ»«¿²¹¿²æ
The following methods and assumptions are used to estimate the fair value of each class of financial instruments:
¿ò ײ¬®«³»² µ»«¿²¹¿² ¼»²¹¿² ¶«³´¿¸ ¬»®½¿¬¿¬ §¿²¹ ³»²¼»µ¿¬· ²·´¿· ©¿¶¿®²§¿
a. Financial instruments with carrying amounts that approximate their fair values
Ò·´¿· ©¿¶¿® «²¬«µ µ¿ ¼¿² »¬¿®¿ µ¿ô °·«¬¿²¹ «¿¸¿ô °·«¬¿²¹ ´¿·²ó´¿·²ô °·«¬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿·ô »¬±®¿² ¼»°±·¬ô °·²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µô «¬¿²¹ «¿¸¿ô «¬¿²¹ ´¿·²ó´¿·²ô ¾»¾¿² ³¿·¸ ¸¿®« ¼·¾¿§¿®ô ³»²¼»µ¿¬· ²·´¿· ¬»®½¿¬¿¬²§¿ µ¿®»²¿ ¾»®·º¿¬ ¶¿²¹µ¿ °»²¼»µò
The fair values of cash and cash equivalents, trade receivables, other receivables, due from related parties, security deposits, short-term borrowings, trade payables, other payables, accrued expenses, approximate their carrying values due to their short-term nature.
Ò·´¿· ¬»®½¿¬¿¬ °·²¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °¿²¶¿²¹ ¼¿² «¬¿²¹ »©¿ °»³¾·¿§¿¿² ¼»²¹¿² «µ« ¾«²¹¿ ³»²¹¿³¾¿²¹ ¾»¿®²§¿ µ«®¿²¹ ´»¾·¸ ¿³¿ ¼»²¹¿² ²·´¿· ©¿¶¿®²§¿ µ¿®»²¿ ¼·²·´¿· «´¿²¹ »½¿®¿ ¾»®µ¿´¿ò
The carrying amounts of long-term loans and due to related parties and lease payables with floating interest rates approximate their fair values as they are re-priced frequently.
Ò·´¿· ©¿¶¿® «¬¿²¹ »©¿ °»³¾·¿§¿¿² ¼·¼¿¿®µ¿² °¿¼¿ ²·´¿· ¼·µ±²¬± ¿®« µ¿ ³¿¿ ¼¿¬¿²¹ ³»²¹¹«²¿µ¿² «µ« ¾«²¹¿ §¿²¹ ¾»®´¿µ« ¼¿®· ¬®¿²¿µ· °¿¿® §¿²¹ ¼¿°¿¬ ¼·¿³¿¬· «²¬«µ ·²¬®«³»² ¼»²¹¿² °»®§¿®¿¬¿²ô ®··µ± µ®»¼·¬ §¿²¹ ¶¿¬«¸ ¬»³°± §¿²¹ ¿³¿ò
The fair value of the obligations under finance lease is determined by discounting future cash flows using applicable rate from observable current market transactions for instruments with similar terms, credit risk and remaining maturities.
¾ò ײ¬®«³»² µ»«¿²¹¿² §¿²¹ ¼·½¿¬¿¬ »¾»¿® ²·´¿· ©¿¶¿® ³»´¿´«· ´¿¾¿ ¿¬¿« ®«¹·
b. Financial instruments carried at fair value through profit or loss
Ò·´¿· ¬»®½¿¬¿¬ ·²ª»¬¿· »º»µ ¶¿²¹µ¿ °»²¼»µ §¿²¹ ¼·°»®¼¿¹¿²µ¿² ¼· Þ«®¿ Ûº»µ ײ¼±²»·¿ ¼·²§¿¬¿µ¿² »¾»¿® ²·´¿· °¿¿®ò
The carrying amounts of short-term investment in marketable securities traded in the Indonesian Stock Exchange are stated at market value. 42.EVENTS AFTER THE REPORTING PERIOD
42.PERISTIWA SETELAH PERIODE PELAPORAN ¿ò
a.
Í«®¿¬ Õ»¬»¬¿°¿² п¶¿µ п¼¿ ¾«´¿² л¾®«¿®· îðïìô л®«¿¸¿¿² ³»²»®·³¿ Í«®¿¬ Õ»¬»¬¿°¿² п¶¿µ Õ«®¿²¹ Þ¿§¿® øÍÕÐÕÞ÷ ¿¬¿ п¶¿µ л²¹¸¿·´¿² Þ¿¼¿² ¬¿¸«² îðïð »¾»¿® ΰ éëïòìë𠼿² «®¿¬ ¬¿¹·¸¿² °¿¶¿µ ¿¬¿ ¿²µ· ¿¼³·²·¬®¿· °¿¶¿µ °»®¬¿³¾¿¸¿² ²·´¿· ¬¿¸«² îðïð »¾»¿® ΰ ïêòêðêò л®«¿¸¿¿² ¬»´¿¸ ³»²½¿¬¿¬ °»®¬¿³¾¿¸¿² °¿¶¿µ ¬»®»¾«¬ °¿¼¿ ´¿°±®¿² ´¿¾¿ ®«¹· µ±³°®»¸»²·º µ±²±´·¼¿·¿² ¬¿¸«² îðïíò
çè
Tax assessment letter In February 2014, the Company received a Tax Assesment for Underpayment of Corporate Income Tax for fiscal year 2010 amunting to Rp 751,450 and a tax collection letter on the tax penalties of value added tax for fiscal year 2010 amounting to Rp 16,606. The Company has recorded the additional tax in the 2013 statement of consolidated comprehensive income.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
42.PERISTIWA SETELAH PERIODE PELAPORAN 42.EVENTS AFTER THE REPORTING PERIOD øÔ¿²¶«¬¿²÷ (Continued) b.
¾ò л®°¿²¶¿²¹¿² °·²¶¿³¿² ¾¿²µ
Extention of bank loan agreement
п¼¿ ¬¿²¹¹¿´ îð Ó¿®»¬ îðïì л®«¿¸¿¿² ³»²¼¿°¿¬ °»®°¿²¶¿²¹¿² º¿·´·¬¿ °·²¶¿³¿² ¾¿²µ ¼¿®· ÐÌ Þ¿²µ Ó¿²¼·®· øл®»®±÷ ̾µ ¼»²¹¿² ®·²½·¿² »¾¿¹¿· ¾»®·µ«¬ æ
On March 20, 2014, the Company obtained the extention of credit facilities from PT Bank Mandiri (Persero) Tbk with the following conditions:
ó з²¶¿³¿² Ó±¼¿´ Õ»®¶¿ 몱´ª·²¹ »¾»¿® ΰ ïðòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îð Ó¿®»¬ îðïëå ó ÔñÝ ø«¾´·³·¬ ÌñÎ÷ °»³¾»´·¿² ¾¿¸¿² ¾¿µ« ¼¿² °¿®»°¿®¬ »¾»¿® ËÍü ìòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îð Ó¿®»¬ îðïëå ó л³¾·¿§¿¿² л²¹¿³¾·´¿´·¸¿² Ì¿¹·¸¿² »¾»¿® ΰò ïðòðððòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îð Ó¿®»¬ îðïëå ó Ú¿·´·¬¿ Ì®»¿«®· »¾»¿® ËÍü ïîðòððð ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ¸·²¹¹¿ îð Ó¿®»¬ îðïë ó з²¶¿³¿² Ì®¿²¿µ· Õ¸«« í ø¾¿®«÷ »¾»¿® ΰ ìðòðððòððð «²¬«µ ¬¿³¾¿¸¿² ³±¼¿´ µ»®¶¿ ¼¿² ½¿°·¬¿´ »¨°»²¼·¬«®» ¼»²¹¿² ¶¿²¹µ¿ ©¿µ¬« ê ¾«´¿²ò
ó Revolving working capital loan amountig to Rp10,000,000 until March 20, 2015.
п¼¿ °»®°¿²¶¿²¹¿² º¿·´·¬¿ °·²¶¿³¿² ¾¿²µ ¬»®»¾«¬ ¶¿³·²¿² °·²¶¿³¿² ¼·¬¿³¾¿¸ ¼»²¹¿² ¿»¬ ¾»®·µ«¬ æ
Under the extention of the bank loan agreement, the following assets are included as the pledge of collateral for the loan:
ó Ó»·² ¼¿² °»®¿´¿¬¿² ¿¬¿ ±¾§»µ Õ®»¼·¬ ײª»¬¿·ó î »¾»¿® ΰò ëòìíìòððð øÝ¿¬¿¬¿² ïð÷ò
ó Machinery and equipment which was financed with Investment Credit facility 2 amounting to Rp5,434,000 (Note 10).
çç
ó Letter of Credit (sublimit T/R) for purchase of raw materials and spare parts amounting to US$4,000,000 until March 20, 2015 ó Financing for factoring receivables amounting to Rp 10,000,000 until March 20, 2015; ó Treasury line facility amounting US$120,000 until March 20, 2015; and ó Special Transaction loan facility an additional 3 (new) amounting to Rp. 40,000,000 for additional working capital and capital expenditure with the period for 6 months.
The original consolidated financial statements included herein are in the Indonesian language
PT BERLINA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN ø´¿²¶«¬¿²÷ Tanggal 31 Desember 2013 dan Untuk Tahun yang Berakhir pada Tanggal Tersebut øÜ·¿¶·µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) As at December 31, 2013 and For the Year Then Ended (Expressed in thousand rupiah, unless otherwise stated)
43.PENERBITAN STANDAR AKUNTANSI KEUANGAN
43.PRONOUNCEMENT OF NEW ACCOUNTING STANDARDS
ͬ¿²¼¿® ¾¿®«ô ®»ª·· ¼¿² ·²¬»°®»¬¿· §¿²¹ ¬»´¿¸ ¼·¬»®¾·¬µ¿²ô ²¿³«² ¾»´«³ ¾»®´¿µ« »º»µ¬·º «²¬«µ ¬¿¸«² ¾«µ« §¿²¹ ¼·³«´¿· °¿¼¿ ¬¿²¹¹¿´ ï Ö¿²«¿®· îðïí ¿¼¿´¿¸ »¾¿¹¿· ¾»®·µ«¬æ
New and revised standards and interpretations issued but not yet effective for the financial year beginning January 1,2013 are as follows:
ÐÍßÕ êë æ Ô¿°±®¿² Õ»«¿²¹¿² Õ±²±´·¼¿·¿² ÐÍßÕ êê æ л²¹¿¬«®¿² Þ»®¿³¿ ÐÍßÕ êé æ л²¹«²¹µ¿°¿² Õ»°»²¬·²¹¿² ¼¿´¿³ Û²¬·¬¿ Ô¿·² ÐÍßÕ êè æ л²¹«µ«®¿² Ò·´¿· É¿¶¿® ÐÍßÕ ï øλª·· îðïí÷ æ л²§¿¶·¿² Ô¿°±®¿² Õ»«¿²¹¿² ÐÍßÕ ì øλª·· îðïí÷ æ Ô¿°±®¿² Õ»«¿²¹¿² Ì»®»²¼·®· ÐÍßÕ ïë øλª·· îðïí÷ æ ײª»¬¿· °¿¼¿ Û²¬·¬¿ ß±·¿· ¼¿² Ê»²¬«®¿ Þ»®¿³¿ ÐÍßÕ îì øλª·· îðïí÷ æ ׳¾¿´¿² Õ»®¶¿ ×ÍßÕ îé æ л²¹¿´·¸¿² ß»¬ ¼¿®· л´¿²¹¹¿² ×ÍßÕ îè æ л²¹¿µ¸·®¿² Ô·¿¾·´·¬¿ Õ»«¿²¹¿² ¼»²¹¿² ײ¬®«³»² Ûµ«·¬¿ ×ÍßÕ îç æ Þ·¿§¿ л²¹«°¿¿² Ô¿°·¿² Ì¿²¿¸ ¼¿´¿³ Ì¿¸¿° Ю±¼«µ· °¿¼¿ Ì¿³¾¿²¹ Ì»®¾«µ¿
PSAK 65 : Consolidated Financial Statements PSAK 66 : Joint Arrangements PSAK 67 : Disclosure of Interests in Other Entities
×ÍßÕ îéô îèô ¼¿² îç ¿µ¿² ¾»®´¿µ« »º»µ¬·º «²¬«µ ¬¿¸«² ¾«µ« §¿²¹ ¼·³«´¿· °¿¼¿ ï Ö¿²«¿®· îðïìô »¼¿²¹µ¿² ®»ª·· ¼¿² ¬¿²¼¿® ¾¿®« ´¿·²²§¿ ¿µ¿² ¾»®´¿µ« »º»µ¬·º «²¬«µ ¬¿¸«² ¾«µ« §¿²¹ ¼·³«´¿· °¿¼¿ ï Ö¿²«¿®· îðïëò
ISAK 27, 28, and 29 will become effective for the financial year beginning January 1, 2014 while the other new and revised standards and interpretations will become effective for the financial year beginning January 1, 2015.
Õ»´±³°±µ Ë¿¸¿ ³¿·¸ ³»³°»´¿¶¿®· ¼¿³°¿µ §¿²¹ ³«²¹µ·² ¬·³¾«´ ¿¬¿ °»²»®¾·¬¿² ¬¿²¼¿® ¿µ«²¬¿²· µ»«¿²¹¿² ¬»®»¾«¬ò
The Group is still evaluating the possible impact on the issuance of this financial accounting standard.
PSAK 68 : Fair Value Measurement PSAK 1 (Revised 2013) : Presentation of Financial Statements PSAK 4 (Revised 2013) : Separate Financial Statements PSAK 15 (Revised 2013) : Investment in Associates and Joint Ventures PSAK 24 (Revised 2013) : Employee Benefit ISAK 27 : Transfer Assets from Customer s ISAK 28 : Extinguishing Financial Liabilities with Equity Instrument ISAK 29 : Stripping Cost in the Production Phase of Surface Mine
44.ADDITIONAL FINANCIAL INFORMATION
44.INFORMASI KEUANGAN TAMBAHAN л®«¿¸¿¿² ³»²»®¾·¬µ¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² §¿²¹ ³»®«°¿µ¿² ´¿°±®¿² µ»«¿²¹¿² «¬¿³¿ò ײº±®³¿· µ»«¿²¹¿² ¬¿³¾¿¸¿² ÐÌ Þ»®´·²¿ ̾µ ø»²¬·¬¿ ·²¼«µ÷ ·²·ô ¼·³¿²¿ ·²ª»¬¿· °¿¼¿ »²¬·¬¿ ¿²¿µ ¼¿² ¿±·¿· ¼· ½¿¬¿¬ ¼»²¹¿² ³»¬±¼» ¸¿®¹¿ °»®±´»¸¿²ô ¼·¿¶·µ¿² «²¬«µ ¿²¿´·· ¬¿³¾¿¸¿² ¿¬¿ ¸¿·´ «¿¸¿ »²¬·¬¿ ·²¼«µ ¿¶¿ò ײº±®³· µ»«¿²¹¿² ¬¿³¾¿¸¿² ÐÌ Þ»®´·²¿ô ̾µ ø»²¬·¬¿ ·²¼«µ÷ ¬»®´¿³°·® ¾»®·µ«¬ ·²· ¸¿®« ¼·¾¿½¿ ¾»®¿³¿¿² ¼»²¹¿² ´¿°±®¿² µ»«¿²¹¿² µ±²±´·¼¿·¿² ÐÌ Þ»®´·²¿ô ̾µ ¼¿² »²¬·¬¿ ¿²¿µ²§¿ øÔ¿³°·®¿² ïóÔ¿³°·®¿² ì÷
ïðð
The Company issued the consolidated financial statements which is the main financial statements. The additional financial information of PT Berlina Tbk (parent entity), where the investment to stockholders and associate is recorded based on cost method and presented for additional analysis on performance of parent entity only. The accompanying additional financial information of PT Berlina, TBk (parent entity), should be read together with the consolidated financial statements of PT Berlina, Tbk and its subsidiaries (Appendix 1 – Appendix 4)
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN POSISI KEUANGAN Tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF FINANCIAL POSITION As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp
2012 Rp
ASET ASET LANCAR Õ¿ ¼¿² »¬¿®¿ µ¿ ײª»¬¿· ¼¿´¿³ »º»µ ¶¿²¹µ¿ °»²¼»µ 竬¿²¹ «¿¸¿ Š »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ »¾»¿® ΰ îèéòïçè °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰ Ò·¸·´ 竬¿²¹ ´¿·²ó´¿·² 竬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿· л®»¼·¿¿² Š »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»®»¼·¿¿² «¿²¹ ¼¿² ´¿³¾¿¬ ¾»®¹»®¿µ »¾»¿® ΰ íòîëðòêêì °¿¼¿ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïî æ ΰ ìììòðïê÷ п¶¿µ ¼·¾¿§¿® ¼·³«µ¿ Ë¿²¹ ³«µ¿ °»³¾»´·¿² Þ·¿§¿ ¼·¾¿§¿® ¼· ³«µ¿ Total aset lancar ASET TIDAK LANCAR 竬¿²¹ µ»°¿¼¿ °·¸¿µ ¾»®»´¿· Š »¬»´¿¸ ¼·µ«®¿²¹· °»²§··¸¿² °»²«®«²¿² ²·´¿· °·«¬¿²¹ »¾»¿® ΰ Ò·¸·´ °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïîæ ΰ íòððíòïíë÷ Þ»¾¿² ¼·¬¿²¹¹«¸µ¿² ײª»¬¿· ¿¸¿³ ß»¬ ¬»¬¿° Š »¬»´¿¸ ¼·µ«®¿²¹· ¿µ«³«´¿· °»²§««¬¿² »¾»¿® ΰ ïçëòííèòîéï °¿¼¿ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïî æ ΰ ïéçòéèèòìîî÷ ß»¬ ¬¿µ ¾»®©«¶«¼ ó »¬»´¿¸ ¼·µ«®¿²¹· ¿µ«³«´¿· ¿³±®¬·¿· »¾»¿® ΰ ïîòêééòïïë °¿¼¿ ¬¿²¹¹¿´ íï Ü»»³¾»® îðïí øíï Ü»»³¾»® îðïî æ ΰ ïðòíìéòííè÷ ß»¬ ¬·¼¿µ ´¿²½¿® ´¿·²ó´¿·²
ASSETS îçòèêïòìîï
ïîòëîêòðéé
íòèêêòéçì
íòïîêòêïï
éíòìíêòéíð ììèòçêê ïìòèçëòîëï
êèòèîëòìðè ïòíððòêçê Š
êêòðêïòíçë ïìòëíçòðçï îèòìëîòçéí ïòçîîòîêï
ëêòêêîòéïê Š ïéòêîìòîíë ïòðèèòîïë
CURRENT ASSETS Cash and cash equivalents Short-term investments in marketable securities Trade receivable- net of allowance for impairment of receivables of Rp 287,198 as at December 31, 2013 (December 31, 2012: Rp Nil) Other receivables Due from related party Inventories – net of allowance for obsolete and slow-moving inventory of Rp 3.250.664 as at December 31, 2013 (December 31, 2012 : Rp 444,016) Prepaid taxes Advances for purchases Prepaid expenses
233.484.882
161.153.958
Total current assets
îçòìðîòððí ïòëíçòíìë ïïíòêîïòçîè
íìòððçòððé ïòëíçòíìë èìòçðïòçîè
îèèòéðìòéêï
îðëòèêèòðíê
íòîíêòìîð íòîìíòçðê
îòíëìòîçð ïòììîòëèð
NON-CURRENT ASSETS Due from related party – net of allowance for impairment of receivable of Rp Nil as at December 31, 2013 (December 31, 2012: Rp 3,003,135) Deferred expenses Investment in subsidiaries Property, plant and equipment – net of accumulated depreciation of Rp 195,338,271 as at December 31, 2013 (December 31, 2012 : Rp 179,788,422) Intangible assets- net of accumulated amortization of Rp 12,677,115 as at December 31, 2013 (December 31,2012 : Rp 10,347,338) Other non-current assets
Total aset tidak lancar
439.748.363
330.115.186
Total non-current assets
TOTAl ASET
673.233.245
491.269.144
TOTAL ASSETS
Ô¿³°·®¿² ï Appendix
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN POSISI KEUANGAN øÔ¿²¶«¬¿²÷ Tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF FINANCIAL POSITION (Continued) As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp
2012 Rp
LIABILITAS DAN EKUITAS LIABILITAS LIABILITAS JANGKA PENDEK з²¿¶¿³¿² ¾¿²µ ¶¿²¹µ¿ °»²¼»µ ˬ¿²¹ «¿¸¿ ˬ¿²¹ °¿¶¿µ ˬ¿²¹ ´¿·²ó´¿·² ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿° Ë¿²¹ ³«µ¿ °»²¶«¿´¿² Þ·¿§¿ ³¿·¸ ¸¿®« ¼·¾¿§¿® Ô·¿¾·´·¬¿ ¶¿²¹µ¿ °¿²¶¿²¹ §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«² æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿² Total liabilitas jangka pendek
LIABILITIES AND EQUITY
ïëçòðïîòéîê éðòêðíòíïç èçïòíìë íòíìçòêìè
êèòìëðòîëé ìçòðîéòçéð ïòçïðòðçì îòðììòíëë
ïïòîçêòëîç îïòéìëòìéð ïèòïìëòéíé
îéòêìîòêîð êèîòîïï êòèïíòëïî
LIABILITIES CURRENT LIABILITIES Short-term bank loans Trade payables Taxes payable Other payables Purchase of property, plant and equipment payable Sales advances Accrued expenses
êðòèðèòïîè ïìòéëëòìïç
ìëòéïðòíêê ïìòðìðòëìê
Current portion of long-term liabilities : Bank loan Obligation under finance leases
360.608.321
216.321.931
LIABILITAS JANGKA PANJANG ˬ¿²¹ ¶¿²¹µ¿ °¿²¶¿²¹ »¬»´¿¸ ¼·µ«®¿²¹· ¾¿¹·¿² §¿²¹ ¶¿¬«¸ ¬»³°± ¼¿´¿³ ¿¬« ¬¿¸«²æ з²¶¿³¿² ¾¿²µ ˬ¿²¹ »©¿ °»³¾·¿§¿¿² Õ»«²¬«²¹¿² ¼·¬¿²¹¹«¸µ¿² ¿»¬ ¼·¶«¿´ ¼¿² ¼·»©¿ µ»³¾¿´· Ô·¿¾·´·¬¿ °¿¶¿µ ¬¿²¹¹«¸¿² Ô·¿¾·´·¬¿ ·³¾¿´¿² °¿½¿ µ»®¶¿
êíòêèðòðçí îðòêïèòìçî
ëðòçëìòïéï îðòçììòèîè
íêëòìçð ïòêíïòìíï ïèòíéêòéëê
íëêòëïï ìííòíïè ïíòêîëòìêî
ˬ¿²¹ °»³¾»´·¿² ¿»¬ ¬»¬¿°
ììòêðîòìèë
Š
Total current liabilities NON-CURRENT LIABILITIES Long-term liabilities net of current portion: Banks loan Obligation under finance leases Deferred gain on sale and leaseback transactions Deferred tax liabilities Post-employment benefit obligation Purchase of property, plant and equipment payable
Total liabilitas jangka panjang
149.274.747
86.314.290
Total non-current liabilities
TOTAL LIABILITAS
509.883.068
302.636.221
TOTAL LIABILITIES
Ô¿³°·®¿² ï Appendix
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN POSISI KEUANGAN øÔ¿²¶«¬¿²÷ Tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ --------------------------------------------------------------------PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF FINANCIAL POSITION (Continued) As at December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated) 2013 Rp
2012 Rp
EKUITAS Ó±¼¿´ ¿¸¿³ Ó±¼¿´ ¼¿¿® Š ïòëððòðððòðð𠿸¿³ ¼»²¹¿² ²·´¿· ²±³·²¿´ ΰ ëð ø²·´¿· °»²«¸÷ °»® ¿¸¿³ Ó±¼¿´ ¼·¬»³°¿¬µ¿² ¼¿² ¼·»¬±® °»²«¸ Š êçðòðððòðð𠿸¿³ Ì¿³¾¿¸¿² ³±¼¿´ ¼·»¬±® Í¿´¼± ´¿¾¿æ Ü·¬»²¬«µ¿² °»²¹¹«²¿¿²²§¿ Þ»´«³ ¼·¬»²¬«µ¿² °»²¹¹«²¿¿²²§¿
íìòëððòððð ëéëòððð
íìòëððòððð ëéëòððð
êòçððòððð ïîïòíéëòïéé
êòçððòððð ïìêòêëéòçîí
EQUITY Capital stock Authorized capital – 1,500,000,000 shares with par value of Rp 50 (full amount) per share Issued and fully paid up 690,000,000 shares Additional paid-in capital Retained earnings: Appropriated Unappropriated
TOTAL EKUITAS
163.350.177
188.632.923
TOTAL EQUITY
TOTAL LIABILITAS DAN EKUITAS
673.233.245
491.269.144
TOTAL LIABILITIES AND EQUITY
Ô¿³°·®¿² ï Appendix
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN LABA RUGI KOMPREHENSIF Untuk tahun yang berakhir pada tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ -------------------------------------------------------------------------PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF COMPREHENSIVE INCOME For the year ended December 31, 2013 (Expressed in thousand rupiah unless otherwise stated) 2013 PENJUALAN NETO BEBAN POKOK PENJUALAN LABA BRUTO л²¹¸¿·´¿² ´¿·²²§¿ Þ»¾¿² °»²¶«¿´¿² Þ»¾¿² «³«³ ¼¿² ¿¼³·²·¬®¿· Þ»¾¿² ´¿·²²§¿ LABA USAHA л²¼¿°¿¬¿² ¼·ª·¼»² ¼¿®· Û²¬·¬¿ ß²¿µ л²¹¸¿·´¿² ¾«²¹¿ Þ»¾¿² ¾«²¹¿ ¼¿² µ»«¿²¹¿²
2012
ëïíòìéïòëìé
ìëèòííìòèíì
øìïéòéîïòëðë ÷
øíëðòéììòïèí ÷
çëòéëðòðìî
ïðéòëçðòêëï
éòéîìòéêî øïéòèïðòðêê ÷ øííòíèçòïéê ÷ øíëòéíïòéèð ÷
êòîéðòðïë øïìòçìêòèîé ÷ øîèòéééòððë ÷ øìòéîïòðìé ÷
ïêòëìíòéèî
êëòìïëòéèé
ìòîçêòéðð ïïçòðîî øîçòïéìòïíé ÷
îòïððòððð ïíèòééë øîïòìçêòéêé ÷
LABA (RUGI) SEBELUM PAJAK
øèòîïìòêíí ÷
ìêòïëéòéçë
BEBAN PAJAK PENGHASILAN
øïòïçèòïïí ÷
øïîòçîëòííç ÷
LABA (RUGI) TAHUN BERJALAN
(9.412.746 )
33.232.456
PENDAPATAN KOMPREHENSIF LAIN LABA (RUGI) NETO KOMPREHENSIF TAHUN BERJALAN
Š (9.412.746 )
Š 33.232.456
Ô¿³°·®¿² î Appendix
NET SALES COST OF GOODS SOLD GROSS PROFIT Other income Selling expenses General and administrative expenses Other expenses INCOME FROM OPERATIONS Dividend income from Subsidiaries Interest income Interest and finance costs INCOME (LOSS) BEFORE TAX INCOME TAX EXPENSES INCOME (LOSS) FOR THE YEAR OTHER COMPREHENSIVE INCOME TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE YEAR
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN ARUS KAS Untuk tahun yang berakhir pada tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ ----------------------------------------------------------------------------------
PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF CASH FLOWS For the year ended December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp ARUS KAS DARI AKTIVITAS OPERASI л²»®·³¿¿² µ¿ ¼¿®· °»´¿²¹¹¿² л³¾¿§¿®¿² µ¿ µ»°¿¼¿ °»³¿±µ ¼¿² µ¿®§¿©¿²
ëïëòíèíòêíé øíèïòïçêòííî ÷
2012 Rp CASH FLOWS FROM OPERATING ACTIVITIES ìêèòîïêòìïí Cash receipts from customers øíëðòèëîòìëí ÷ Cash paid to suppliers, employees and others
Õ¿ ¼·¸¿·´µ¿² ¼¿®· ±°»®¿·
ïíìòïèéòíðë
ïïéòíêíòíêð
л³¾¿§¿®¿² ¾«²¹¿ ¼¿² ¾»¾¿² µ»«¿²¹¿² л³¾¿§¿®¿² °¿¶¿µ °»²¹¸¿·´¿²
øîèòïððòîëð ÷ øïïòëèçòïðï ÷
øîïòèèêòèìç ÷ øïïòìëêòëëï ÷
94.497.954
84.020.560
Arus kas neto diperoleh dari aktivitas operasi ARUS KAS DARI AKTIVITAS INVESTASI л²¿³¾¿¸¿² ·²ª»¬¿· °¿¼¿ Û²¬·¬¿ ß²¿µ ßµ«··· »²¬·¬¿ ¿²¿µ Ø¿·´ °»²¶«¿´¿² ¿»¬ ¬»¬¿° ¬®¿²¿µ· »©¿ °»³¾·¿§¿¿² ¼·¶«¿´ ¼¿² ¼·»©¿ µ»³¾¿´· л²»®·³¿¿² ¾«²¹¿
Cash generated from operations Interest and finance costs paid Income tax paid Net cash flow provided by operating activities
Ø¿·´ °»²¶«¿´¿² ¿»¬ ¬»¬¿° л®±´»¸¿² ¿»¬ ¬»¬¿° л²»®·³¿¿² °·«¬¿²¹ ¼¿®· °·¸¿µ ¾»®»´¿· л³¾¿§¿®¿² µ»°¿¼¿ °·¸¿µ ¾»®»´¿·
ìíçòçèê øîçòçéçòíçé ÷ îòîëìòéðð øçòêèíòèðï ÷
Õ»²¿·µ¿² «¿²¹ ³«µ¿ °»³¾»´·¿² ¿»¬ ¬»¬¿° л²»®·³¿¿² ¼»ª·¼»² ¼¿®· Û²¬·¬¿ ß²¿µ
øïíòìíïòíðë ÷ ìòîçêòéðð
CASH FLOWS FROM INVESTING ACTIVITIES øíêòèðîòëðð ÷ Additional investment in share of Subsidiary Š Acquisition of subsidiaries Proceeds from sale and leaseback ïèòðìíòèíë transactions ïíèòééë Interest received Proceeds from sale of property, plant and îçîòéîé equipment øîîòíîîòîèè ÷ Acquisitions of property, plant and equipment ïðòðéïòêéë Collections of due from related party Š Payment to reated parties Advance payment for purchase of øèòéëíòîíç ÷ property, plant and equipment îòïððòððð Dividends received from subsidiaries
Arus kas neto digunakan untuk aktivitas investasi
(57.877.256 )
(37.231.015 )
ARUS KAS DARI AKTIVITAS PENDANAAN л²»®·³¿¿² °·²¶¿³¿² ¾¿²µ л³¾¿§¿®¿² °·²¶¿³¿² ¾¿²µ л³¾¿§¿®¿² «¬¿²¹ »©¿ ¹«²¿ «¿¸¿
Š øîéòéîðòððð ÷ ïëòèîêòèíç ïïçòðîî
Net cash flows used in investing activities
л²»®·³¿¿² «¿²¹ ³«µ¿ ¶«¿´ ¼¿² »©¿ µ»³¾¿´· л³¾¿§¿®¿² ¼·ª·¼»² µ»°¿¼¿ °»³»¹¿²¹ ¿¸¿³ л®«¿¸¿¿²
øïëòéííòççî ÷
øïîòîëîòèéé ÷
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from bank loans Payments of bank loans Payments of obligation under finance lease Advance received from sale and leaseback transaction Cash dividends paid to stockholders of the Company
Arus kas neto digunakan untuk aktivitas pendanaan
(20.669.618 )
(44.767.467 )
Net cash flows used in financing activities
ìíìòïèçòííì øììîòèìêòëîí ÷ øïìòìçëòéïì ÷ ïèòîïéòîéé
îéêòêïðòïéì øîçïòîëèòçìî ÷ øïéòèêëòèîî ÷ Š
Ô¿³°·®¿² ì Appendix
The original consolidated financial statements included herein are in Indonesian language
PT BERLINA Tbk (ENTITAS INDUK) INFORMASI KEUANGAN TAMBAHAN LAPORAN ARUS KAS øÔ¿²¶«¬¿²÷ Untuk tahun yang berakhir pada tanggal 31 Desember 2013 øÜ·²§¿¬¿µ¿² ¼¿´¿³ ®·¾«¿² ®«°·¿¸ô µ»½«¿´· ¼·²§¿¬¿µ¿² ´¿·²÷ ----------------------------------------------------------------------------------
PT BERLINA Tbk (PARENT ENTITY ONLY) ADDITIONAL FINANCIAL INFORMATION STATEMENT OF CASH FLOWS øݱ²¬·²«»¼÷ For the year ended December 31, 2013 (Expressed in thousand rupiah, unless otherwise stated)
2013 Rp KENAIKAN NETO KAS DAN SETARA KAS KAS DAN SETARA KAS AWAL TAHUN л®«¾¿¸¿² µ«® ³¿¬¿ «¿²¹ ¿·²¹ TOTAL KAS DAN SETARA KAS AKHIR TAHUN
2012 Rp
ïëòçëïòðèð
îòðîîòðéè
ïîòëîêòðéé ïòíèìòîêì
ïðòìçìòïèí çòèïê
NET INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENT AT BEGINNING OF YEAR Effect of foreign exchange rates changes
29.861.421
12.526.077
TOTAL CASH AND CASH EQUIVALENTS AT END OF YEAR
Ô¿³°·®¿² ì Appendix