NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and
For the period of six months ended 30 June 2012 and 2011 unaudited
Expressed in thousand of rupiah, unless otherwise stated
60
33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES
The Company and Subsidiaries, in their regular conduct of business, have engaged in transactions with related parties. The balances of the receivablespayables arising from the transactions are as follows:
Amount Percentage to total
consolidated assetsliabilities
2012 2011 2012
2011 Trade receivables Note 6
PT Maktosa Jaya Indah -
4,107,200 -
0.0507 Sunarni
Rahardja -
3,636,970 -
0.0449 PT Centrapasific Nusajaya
- 1,142,400
- 0.0141
PT Star Maju Sentosa 39,872
- 0.0004
- Harto Djojo Nagaria
522,727 648,182
0.0054 0.0080
Herman Nagaria
295,455 378,181 0.0031
0.0047 Soegianto
Nagaria 260,000
340,000 0.0027 0.0042
Total trade receivables 1,118,054
10,252,933 0.0116 0.1266
Due from related parties
PT Lestari Kreasi -
2,150,926 -
0.0266 Karyawan
219,173 126,759 0.0023
0.0016 PT Sukmapersada Nusa
110,931 110,931
0.0012 0.0014
Liliawati Rahardjo
169,501 109,899 0.0017
0.0014 PT Star Maju Sentosa
- 25,299
- 0.0003
PT Jakartabaru cosmopolitan 20,905
- 0.0002
-
Total due from related parties 520,510
2,523,814 0.0054
0.0313
Deposits received
Soegianto Nagaria
2,563,290 4,877,178 0.0372
0.0867 Theresia
Mareta 2,563,290
2,563,290 0.0372
0.0456 Herman
Nagaria -
2,547,391 -
0.0453 Johanes
Mardjuki 2,165,715
2,165,715 0.0315
0.0385 Adrianto P, Adhi
2,144,340 2,144,340 0.0311
0.0381 Lilies
Yamin 2,099,196
2,099,196 0.0305
0.0373 Lexy Arie Tumiwa
2,099,196 2,099,196
0.0305 0.0373
Koperasi karyawan Summarecon Agung 1,588,440 1,588,440
0.0231 0.0282
Harto Djojo Nagaria -
655,492 -
0.0117
Total deposits received 15,223,467
20,740,238 0.2211
0.3687
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and
For the period of six months ended 30 June 2012 and 2011 unaudited
Expressed in thousand of rupiah, unless otherwise stated
61
Amount Percentage to total
consolidated assetsliabilities
2012 2011
2012 2011
Due to related parties
PT Jakartabaru Cosmopolitan 78,680,801
63,118,664 1.1428
1.1227 KSO Summarecon Serpong
161,965,169 124,174,218 2.3524
2.2087 KSO Summarecon Lakeview
128,916,549 103,414,776 1.8724
1.8394 Koperasi karyawan Summarecon Agung
685,665 51,597
0.0099 0.0009
Herman Nagaria 1,000
1,000 0.0000
0.0000 PT Telaga Gading serpong
747,817 -
0.0109 -
PT Lestari Kreasi 3,831,011
- 0.0556 -
PT Duta Putra Mahkota 16,170,000
- 0.2349
-
Total due to related parties 390,998,012
290,760,255 5.6789 5.1717
The amounts due from and due to related parties resulting from non-trade transactions are non-interest bearing and have no fixed repayment dates.
The nature of related party relationships and of the transactions with the related parties is as follows:
Related Parties Relationship
Transactions
Harto Djojo Nagaria Commissioner
Deposit received from sale of landplot and house
Herman Nagaria Director
Deposit received from sale of landplot, house and apartment
Soegianto Nagaria Director
Deposit received from sale of landplot
PT Lestari Kreasi Joint venture
Loan payable, other receivable Liliawati Rahardjo
Director Other receivable
PT Star Maju Sentosa Under common control
Other receivable PT Sukmapersada Nusa
Associated company Other receivable
PT Bahagia Niaga Lestari Associated company
Other receivable PT Maju Lestari Properti
Associated company Loan receivable, payable for
investment in shares of stock Note 5, loan payable
Koperasi Karyawan
Summarecon Agung Employees
Loan receivable, deposit received from sale of shop
Theresia Mareta Close family member of Director
Deposit received from sale of shop Johanes Mardjuki
President Director Deposit received from sale of shop
Adrianto P. Adhi Executive Director
Deposit received from sale of shop Lilies Yamin
Unaffiliated Director Deposit received from sale of shop
