PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 31 Desember 2012 dan 2011 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
2012 ASET LANCAR Kas dan setara kas Piutang usaha Pihak berelasi Pihak ketiga Piutang lain-lain - pihak ketiga Persediaan Pajak dibayar di muka - bersih Biaya dibayar di muka dan aset lancar lainnya JUMLAH ASET LANCAR ASET TIDAK LANCAR Piutang dari pihak berelasi non-usaha Investasi saham Tanaman perkebunan Tanaman telah menghasilkan setelah dikurangi akumulasi amortisasi sebesar Rp 625.978 dan Rp 554.921 masing-masing pada tanggal 31 Desember 2012 dan 2011 Tanaman belum menghasilkan Aset tetap setelah dikurangi akumulasi penyusutan sebesar Rp 2.017.491 dan Rp 1.733.555 masing-masing pada tanggal 31 Desember 2012 dan 2011 Aset takberwujud Goodwill Merek dagang - bersih Aset lain-lain Taksiran tagihan pajak Biaya tangguhan hak atas tanah - bersih Bibitan Biaya tangguhan lain-lain - bersih Lain-lain JUMLAH ASET TIDAK LANCAR JUMLAH ASET
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position December 31, 2012 and 2011 (Expressed in Million Rupiah, Unless Otherwise Stated)
2011
1,183,482
486,225
2,055,618 540,653 96,786 2,674,693 295,967
2,840,747 418,399 69,337 2,839,141 553,468
498,245
736,227
7,345,444
7,943,544
96,916 23,083
18,995 23,727
1,267,189 137,258
1,237,830 199,339
5,779,347
4,541,653
22,232 1,526
22,232 2,289
667,694 40,515 18,900 6,412 840,879
198,276 38,298 18,557 6,573 470,586
8,901,951
6,778,355
16,247,395
14,721,899
CURRENT ASSETS Cash and cash equivalents Trade accounts receivable Related parties Third parties Other receivables - third parties Inventories Prepaid tax - net Prepaid expenses and other current assets TOTAL CURRENT ASSETS NON CURRENT ASSETS Due from related parties Investments in shares of stock Plantations Mature plantations net of accumulated amortization of Rp 625,978 and Rp 554,921 as of December 31, 2012 and 2011, respectively Immature plantations Fixed assets net of accumulated depreciation of Rp 2,017,491 and Rp 1,733,555 as of December 31, 2012 and 2011, respectively Intangible assets Goodwill Brands and trademarks - net Other assets Estimated claims for tax refund Deferred landrights - net Nursery Other deferred charges - net Others TOTAL NON CURRENT ASSETS TOTAL ASSETS
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Posisi Keuangan Konsolidasian 31 Desember 2012 dan 2011 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
2012
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Financial Position December 31, 2012 and 2011 (Expressed in Million Rupiah, Unless Otherwise Stated)
2011
LIABILITAS DAN EKUITAS LIABILITAS JANGKA PENDEK Utang bank jangka pendek Utang usaha Pihak berelasi Pihak ketiga Utang lain-lain - pihak ketiga Uang muka pelanggan - pihak ketiga Beban akrual Utang pajak Bagian utang bank jangka panjang yang akan jatuh tempo dalam waktu satu tahun JUMLAH LIABILITAS JANGKA PENDEK
LIABILITIES AND EQUITY
1,402,150
2,051,182
806,837 661,440 121,516 28,738 152,902 171,115
871,056 494,254 258,233 41,931 126,736 261,968
153,829
143,501
3,498,527
4,248,861
CURRENT LIABILITIES Short-term bank loans Trade accounts payable Related parties Third parties Other accounts payable - third parties Advances from customers - third parties Accrued expenses Taxes payable Current portion of long-term bank loans TOTAL CURRENT LIABILITIES
LIABILITAS JANGKA PANJANG Liabilitas pajak tangguhan - bersih Liabilitas imbalan kerja jangka panjang Utang bank jangka panjang setelah dikurangi bagian yang akan jatuh tempo dalam waktu satu tahun Utang kepada pihak berelasi non-usaha Utang obligasi Liabilitas jangka panjang lainnya
375,607 268,097
313,614 200,331
NON CURRENT LIABILITIES Deferred tax liabilities - net Long-term employee benefits liabilities
597,711 1,548,340 995,390 24,328
732,543 1,890,998 -
Long-term bank loans net of current portion Due to related parties Bonds payable Other non current liabilities
JUMLAH LIABILITAS JANGKA PANJANG
3,809,473
3,137,486
TOTAL NON CURRENT LIABILITIES
JUMLAH LIABILITAS
7,308,000
7,386,347
TOTAL LIABILITIES
EKUITAS
EQUITY
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk Modal saham Nilai nominal Rp 200 per saham (Dalam Rupiah penuh) Modal dasar - 5.000.000.000 saham Modal ditempatkan dan disetor penuh - 2.872.193.366 saham Tambahan modal disetor Selisih nilai transaksi restrukturisasi entitas sepengendali Saldo laba Telah ditentukan penggunaannya Belum ditentukan penggunaannya Komponen ekuitas lainnya
94,404
94,404
114,888 6,355,724 132,161
114,888 4,778,635 106,031
Equity Attributable to Owners of the Company Capital stock Rp 200 par value per share (In full Rupiah) Authorized - 5,000,000,000 shares Issued and fully paid 2,872,193,366 shares Additional paid-in capital Difference arising from restructuring transactions of entities under common control Retained earnings Appropriated Unappropriated Other components of equity
Jumlah Kepentingan Nonpengendali
8,934,088 5,307
7,330,869 4,683
Total Non-controlling Interests
JUMLAH EKUITAS
8,939,395
7,335,552
TOTAL EQUITY
16,247,395
14,721,899
JUMLAH LIABILITAS DAN EKUITAS
574,439 1,662,472
574,439 1,662,472
TOTAL LIABILITIES AND EQUITY
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Laba Rugi Komprehensif Konsolidasian Untuk Tahun-tahun yang Berakhir 31 Desember 2012 dan 2011 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Comprehensive Income For the Years Ended December 31, 2012 and 2011 (Expressed in Million Rupiah, Unless Otherwise Stated)
2012
2011
PENJUALAN BERSIH
27,526,306
31,676,219
NET SALES
BEBAN POKOK PENJUALAN
21,001,275
24,154,526
COST OF GOODS SOLD
6,525,031
7,521,693
LABA KOTOR BEBAN USAHA Penjualan Umum dan administrasi
2,462,115 801,261
4,712,642 545,630
GROSS PROFIT OPERATING EXPENSES Selling General and administrative
Jumlah Beban Usaha
3,263,376
5,258,272
Total Operating Expenses
LABA USAHA
3,261,655
2,263,421
INCOME FROM OPERATIONS
PENGHASILAN (BEBAN) LAIN-LAIN Pendapatan bunga Ekuitas pada laba (rugi) entitas asosiasi - bersih Laba (rugi) selisih kurs - bersih Beban bunga dan keuangan lainnya Lain-lain - bersih
14,907
28,855
(1,327) (80,716) (267,569) (44,116)
1,099 37,849 (293,647) 349,258
Penghasilan (Beban) Lain-lain - Bersih
(378,821)
123,414
LABA SEBELUM PAJAK
2,882,834
2,386,835
668,865 61,660
564,549 36,549
730,525
601,098
2,152,309
1,785,737
BEBAN PAJAK Kini Tangguhan
LABA TAHUN BERJALAN PENDAPATAN KOMPREHENSIF LAIN Selisih kurs atas penjabaran laporan keuangan
OTHER INCOME (EXPENSES) Interest income Share in net earnings (losses) of associates - net Gain (loss) on foreign exchange - net Interest and other financial charges Miscellaneous - net Other Income (Expenses) - Net INCOME BEFORE TAX TAX EXPENSE Current Deferred
INCOME FOR THE YEAR
26,396
4,998
OTHER COMPREHENSIVE INCOME Exchange differences on translating financial statements
JUMLAH LABA KOMPREHENSIF
2,178,705
1,790,735
TOTAL COMPREHENSIVE INCOME
Laba yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
2,151,528 781
1,784,724 1,013
Income attributable to: Owners of the Company Non-controlling interests
2,152,309
1,785,737
2,177,658 1,047
1,789,672 1,063
2,178,705
1,790,735
Laba komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk Kepentingan nonpengendali
LABA PER SAHAM DASAR (Dalam Rupiah penuh)
749
621
Comprehensive income attributable to: Owners of the Company Non-controlling interests
BASIC EARNINGS PER SHARE (In full Rupiah)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk
DAN ENTITAS ANAK Laporan Perubahan Ekuitas Konsolidasian
AND ITS SUBSIDIARIES Consolidated Statements of Changes in Equity For the Years Ended December 31, 2012 and 2011
Untuk Tahun-tahun yang Berakhir 31 Desember 2012 dan 2011 (Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)
(Expressed in Million Rupiah, Unless Otherwise Stated)
Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Company Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali/
Modal Saham/ Capital Stock Saldo pada tanggal 1 Januari 2011 sebelum penyesuaian Penghentian pengakuan goodwill negatif sesuai ketentuan transisi PSAK No. 22 (Revisi 2010) "Kombinasi Bisnis"
574,439
-
Saldo pada tanggal 1 Januari 2011 setelah penyesuaian
Tambahan
Difference
Modal Disetor/
Arising from Restructuring
Additional
Transactions of
Telah Ditentukan
Belum Ditentukan
Paid-in Capital
Entities Under Common Control
Penggunaannya/ Appropriated
Penggunaannya/ Unappropriated
1,662,472
-
574,439
Komponen Ekuitas Saldo Laba/Retained Earnings
94,404
-
1,662,472
114,888
-
94,404
Dividen
-
-
-
-
Jumlah laba komprehensif tahun berjalan
-
-
-
-
Saldo pada tanggal 31 Desember 2011
574,439
Dividen
-
Jumlah laba komprehensif tahun berjalan
-
Saldo pada tanggal 31 Desember 2012
574,439
1,662,472
94,404
-
-
-
-
1,662,472
Equity
101,083
-
3,424,740 (430,829)
114,888
4,778,635 (574,439)
114,888
Kepentingan Nonpengendali/ Jumlah/ Total
101,083
5,972,026
4,948 106,031
3,620
-
Jumlah Ekuitas/ Total Equity
5,833,323
142,323
Balance as of January 1, 2011 before adjustment Derecognition of negative goodwill in accordanc with transition provision of PSAK No. 22 (Revised 2010) "Business Combinations" Balance as of January 1, 2011 after adjustment
3,620
5,975,646
1,789,672
1,063
1,790,735
Total comprehensive income for the year
7,330,869
4,683
7,335,552
Balance as of December 31, 2011
(430,829)
-
Non-controlling Interests
5,829,703
142,323
-
1,784,724
-
94,404
Other Components of
3,282,417
142,323
114,888
Lainnya/
(574,439)
-
(430,829)
(423)
(574,862)
Dividends
Dividends
2,151,528
26,130
2,177,658
1,047
2,178,705
Total comprehensive income for the year
6,355,724
132,161
8,934,088
5,307
8,939,395
Balance as of December 31, 2012
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk DAN ENTITAS ANAK Laporan Arus Kas Konsolidasian Untuk Tahun-tahun yang Berakhir 31 Desember 2012 dan 2011 (Disajikan dalam Jutaan Rupiah, kecuali dinyatakan lain)
PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk AND ITS SUBSIDIARIES Consolidated Statements of Cash Flows For the Years Ended December 31, 2012 and 2011 (Expressed in Million Rupiah, unless otherwise stated)
2012
2011
ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Pembayaran kas untuk pemasok Kas bersih yang diperoleh dari operasi Penerimaan tagihan pajak Pendapatan bunga Pembayaran untuk aktivitas operasional lainnya - bersih Pembayaran pajak ekspor Pembayaran beban bunga Pembayaran pajak penghasilan badan Kas Bersih Diperoleh dari Aktivitas Operasi ARUS KAS DARI AKTIVITAS INVESTASI Investasi jangka pendek Pencairan Penambahan Perolehan tanaman perkebunan Aset tetap Perolehan Hasil penjualan Bibitan Pembelian Penjualan Penambahan biaya hak atas tanah Penambahan uang muka proyek Uang muka perkebunan plasma Penambahan Pengembalian Penambahan biaya pembukaan lahan Hasil penjualan piutang jangka panjang Penjualan atas bagian entitas anak untuk kepentingan nonpengendali Kas Bersih Digunakan untuk Aktivitas Investasi ARUS KAS DARI AKTIVITAS PENDANAAN Utang bank jangka pendek Penerimaan Pembayaran Utang bank jangka panjang Penerimaan Pembayaran Utang kepada pihak berelasi non-usaha Penambahan Pembayaran Penerimaan dari penerbitan obligasi Pembayaran dividen kepada: Pemilik entitas induk Kepentingan nonpengendali Kas Bersih Digunakan untuk Aktivitas Pendanaan
CASH FLOWS FROM OPERATING ACTIVITIES 28,175,987 (18,771,828)
30,351,340 (22,307,397)
9,404,159 465,891 14,952 (3,757,360) (1,673,592) (282,029) (766,053)
8,043,943 342,081 28,888 (2,424,870) (4,161,499) (275,993) (484,284)
Net cash generated from operations Proceeds from claims for tax refund Interest received Payments of other operating activities - net Payments of export tax Payments of interest Payments of corporate income taxes
3,405,968
1,068,266
Net Cash Provided by Operating Activities
(41,927)
1,410,127 (1,391,350) (52,062)
(1,371,341) 92,426
(692,146) 12,351
(10,951) 4,074 (3,902) (410,961)
(17,739) 5,418 (3,536) (143,680)
(149,562) 196,523 (14,731) 22,571
(76,449) 102,709 (18,142) -
2 (1,687,779)
(864,499)
Cash receipts from customers Cash paid to suppliers
CASH FLOWS FROM INVESTING ACTIVITIES Short-term investments Withdrawal Additional Acquisitions of plantations Fixed assets Acquisition Proceeds from sale Nursery Purchases Sales Additional landrights cost Additional advances for projects Plasma plantation projects Additional Collections Additional land preparation costs Proceeds from sale of long-term receivable Sale of a share in a subsidiary to non-controlling interest Net Cash Used in Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Short-term bank loans Proceeds Payments Long-term bank loans Proceeds Payments Due to related parties Additional Payments Proceeds from issuance of bonds Payments of dividends to: Owners of the Company Non-controlling interests
8,109,279 (8,942,554)
7,220,987 (7,467,563)
44,830 (192,871)
73,803 (118,466)
3,417,600 (3,894,882) 995,000
3,329,345 (2,618,952) -
(574,277) (423)
(430,707) -
(1,038,298)
(11,553)
Net Cash Used in Financing Activities
KENAIKAN BERSIH KAS DAN SETARA KAS
679,891
192,214
NET INCREASE IN CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN
486,225
292,971
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR
17,366
1,040
Effect of foreign exchange rate changes
1,183,482
486,225
Pengaruh perubahan kurs mata uang asing
KAS DAN SETARA KAS AKHIR TAHUN
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
