PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015
Expressed in thousands of Rupiah, unless otherwise stated
107
33. SALDO DAN TRANSAKSI-TRANSAKSI DENGAN PIHAK BERELASI Lanjutan
33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES Continued
b. Piutang pihak berelasi b. Due from related parties
31 Maret
2015 31 Desember 2014
March 31, 2015 December 31, 2014
PT Bakrie Sentosa Persada 1.772.111.700
1.558.804.667 PT Bakrie Sentosa Persada
Indogreen International B.V 1.242.948.000
1.242.948.000 Indogreen International B.V
PT Menthobi Mitra Lestari 393.143.200
391.239.660 PT Menthobi Mitra Lestari
PT Menthobi Makmur Lestari 377.256.101
368.671.106 PT Menthobi Makmur Lestari
Lain-lain masing-masing Others each below
di bawah Rp10 miliar 36.312.538
36.810.805 Rp10 billion
Sub-total 3.821.771.539 3.598.474.238
Sub-total Dikurangi penyisihan kerugian
Less allowance for penurunan nilai
994.651.610 994.651.610
impairment losses Sub-total 2.827.119.929
2.603.822.628 Sub-total
Biaya perolehan belum diamortisasi
21.271.557 21.271.557
Unamortized cost
Neto 2.805.848.372 2.582.551.071
Net Persentase terhadap total aset
Percentage to total assets 31 Maret 2015
31 Desember 2014 March 31, 2015
December 31, 2014
PT Bakrie Sentosa Persada 10,524
8,937 PT Bakrie Sentosa Persada
Indogreen International B.V. 7,382
7,126 Indogreen International B.V.
PT Menthobi Mitra Lestari 2,335
2,243 PT Menthobi Mitra Lestari
PT Menthobi Makmur Lestari 2,240
2,114 PT Menthobi Makmur Lestari
Lain-lain masing-masing Others each below
di bawah Rp10 miliar 0,216
0,211 Rp10 billion
Penyisihan kerugian Allowance for impairment
penurunan nilai 5,907
5,703 losses
Biaya perolehan belum diamortisasi
0,126 0,122
Unamortized costs
Neto 16,664 14,806
Net
Piutang pihak berelasi memiliki jangka waktu pembayaran dengan tingkat bunga pinjaman masing-
masing sebesar 7,50 pada tanggal 31 Maret 2015 dan 31 Desember 2014. Pinjaman tersebut diberikan
tanpa jaminan. Due from related parties are interest bearing loans
with repayment schedule at annual rates of 7.50 as of March 31, 2015 and December 31, 2014,
respectively. These loans are unsecured.
Piutang kepada Indogreen International B.V adalah untuk pengembangan usaha hulu perkebunan seperti
pengembangan perkebunan kelapa sawit, baik dalam bentuk perluasan lahan, pembibitan, penanaman baru
ataupun penanaman kembali replanting, serta dalam bentuk peningkatan kapasitas dan utilisasi
pabrik Perusahaan. Due from Indogreen International B.V will be
allocated to develop plantation upstream business such as development of palm oil plantation, which
includes land expansion, seedling, new planting or replanting, as well as to increase the Company’s
processing plant capacity and utility.
PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015
Expressed in thousands of Rupiah, unless otherwise stated
108
33. SALDO DAN TRANSAKSI-TRANSAKSI DENGAN PIHAK BERELASI Lanjutan
33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES Continued
Manajemen telah membukukan penyisihan atas penurunan nilai sesuai dengan standar akuntansi
dengan mempertimbangkan penurunan nilai yang terjadi dalam industri sejenis sebagai akibat
penurunan tajam dalam industri ini. Management has provided an allowance for
impairment losses in line with the accounting standards and keeping in mind the reduction in value
in similar projects in the industry subsequent to the steep downturn in the industry.
Mutasi cadangan kerugian penurunan nilai piutang pihak berelasi yang seluruhnya berdasarkan penilaian
secara individual adalah sebagai berikut: The movement in allowance for impairment losses on
due from related parties which was based on individual assessment is as follows:
31 Maret 2015 31 Desember 2014
March 31, 2015 December 31, 2014
Saldo awal 994.651.610
970.881.906 Beginning balance
Penambahan penyisihan Additional allowance for
kerugian penurunan pada impairment losses during
periode berjalan -
23.769.704 the period
Saldo Akhir 994.651.610
994.651.610 Ending Balance
Manajemen Kelompok Usaha berkeyakinan bahwa penyisihan kerugian penurunan nilai tersebut cukup
untuk menutupi kemungkinan kerugian atas tidak tertagihnya piutang pihak berelasi tersebut.
The management of the Group believes that the allowance for impairment losses is adequate to cover
possible losses from non-collection of the due from related parties.
c. Utang usaha c. Trade payables
31 Maret
2015 31 Desember 2014
March 31, 2015 December 31, 2014
Koperasi karyawan 10.370.570
7.706.785 Employee cooperatives
Persentase terhadap total liabilitas Percentage to total liability
31 Maret 2015 31 Desember 2014
March 31, 2015 December 31, 2014
Koperasi karyawan 0,081
0,058 Employee cooperatives
d. Kompensasi Manajemen Kunci d. Key Management Compensation
Manajemen kunci Kelompok Usaha terdiri dari Dewan Komisaris, Direksi Perusahaan dan anggota
Komite Audit. The Group’s key management consisted of the
Company’s Boards of Commissioners, Directors and members of the Audit Comittee.
PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015
Expressed in thousands of Rupiah, unless otherwise stated
109
33. SALDO DAN TRANSAKSI-TRANSAKSI DENGAN PIHAK BERELASI Lanjutan
33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES Continued
Total remunerasi dan imbalan lainnya yang diberikan kepada personil manajemen kunci yang terdiri atas,
imbalan kerja jangka pendek, masing-masing sebesar Rp4,93 miliar dan Rp5,83 miliar untuk periode tiga
bulan yang berakhir pada 31 Maret 2015 dan 2014, dengan rincian sebagai berikut:
Total remuneration and other benefits given to key management personnel, which pertains to
short-term benefits, amounted to Rp4.93 billion and Rp5.83 billion for the three-month periods ended
March 31, 2015 and 2014, respectively, with the following details:
2015 2014
Tiga bulan Tiga bulan
Three months Three months
Dewan Komisaris 459.250
836.191 Board of Commissioners
Direksi 4.316.141
4.832.958 Boards of Directors
Personil Manajemen Kunci Lainnya 159.132
158.065 Other Key Management Personnel
Total 4.934.523 5.827.214
Total
e. Hubungan dan Sifat Transaksi Pihak Berelasi e. Relationship and Nature of Related Parties
Transactions
Rincian pihak berelasi, hubungan dengan Perusahaan dan sifat transaksi, adalah sebagai berikut:
The details of related parties, relationship with the Company and nature of transactions are as
follows:
Sifat Hubungan Sifat Transaksi
Pihak BerelasiRelated Parties Nature of Relationship
Nature of Transactions PT Menthobi Makmur Lestari
Entitas asosiasiAssociate Beban-beban tertentu yang
dibayar oleh Perusahaan Certain expenses were paid
by the Company
PT Menthobi Mitra Lestari Entitas asosiasiAssociate Beban-beban
tertentu yang
dibayar oleh Perusahaan Certain expenses were paid
by the Company
PT Bakrie Sentosa Persada Entitas asosiasiAssociate
Talangan dana Advance Indogreen International B.V
Entitas asosiasiAssociate Talangan dana Advance
PT Bakrie Brothers Tbk Pemegang saham dengan
pengaruh signifikan Shareholder with significant influence
Talangan dana Advance Koperasi karyawan
Employee cooperatives Entitas dibawah pengaruh signifikan
Entity under significant influence Sewa gedung, jasa transportasi dan
sewa kendaraan Rent building, transportationservices
and vehicle rent Direksi, komisaris dan komite audit
Directors, commissioners and Audit committee members
Personel kunci Key personnel Remunerasi Remuneration
Karena memiliki sifat relasi, hal ini memungkinkan syarat dan kondisi transaksi dengan pihak berelasi
tidak sama jika transaksi tersebut dilakukan dengan pihak ketiga.
Because of these relationships, it is possible that the terms and conditions of these transactions are not
the same as those that would result from transactions with third parties.
PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS
FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015
Expressed in thousands of Rupiah, unless otherwise stated
110
34. LABA PER SAHAM 34. EARNING PER SHARE
Berikut adalah perhitungan laba per saham dasar yang digunakan untuk periode tiga bulan yang berakhir pada
31 Maret 2015 dan 2014: The following is the computation of earning per share
for the three-month periods ended March 31, 2015 and 2014:
2015 2014
Tiga bulan Tiga bulan
Three months Three months
Laba neto yang dapat diatribusikan Net income attributable to owners
kepada pemilik Entitas Induk 32.094.785
296.894.741 of the Parent
Total rata-rata tertimbang saham untuk perhitungan laba per saham
Weighted average of shares to compute dasardilusian 13.720.471.386
13.720.471.386 basicdiluted earning per share
Laba Neto Per Saham Dasar Dilusian yang dapat diatribusikan
BasicDiluted Erarning Per Share kepada Pemilik Entitas Induk
attributable to Owners of the Parent angka penuh
2,34 21,64
full amount
35. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN 35. SIGNIFICANT AGREEMENTS AND
COMMITMENTS
a Pada tanggal 4 Juni 2014, Perusahaan
menandatangani perjanjian dengan RC Buminiaga Sdn Bhd “Pemasok” untuk penerapan Sistem ERP
Perkebunan sebesar USD541.728. Berdasarkan perjanjian tersebut, cakupan pekerjaan Pemasok
adalah menyediakan lisensi Sistem ERP Pengelolaan Perkebunan, menerapkan solusi yang disesuaikan
dengan kebutuhan induk dan beberapa entitas anak di Indonesia, dan memberikan dukungan pasca
penerapannya. Penerapan sistem ERP Perkebunan dimulai sejak 1 Juli 2014 dan diharapkan akan selesai
pada tahun 2016. a On June 4, 2014, the Company entered into an
agreement with RC Buminiaga Sdn Bhd “Vendor” for the implementation of the Plantation ERP System
for a total consideration of USD541,728. Based on the agreement, the scope of work of the Vendor is to
supply license of its Plantation Management ERP System, implement the solution with the required
customization of the Company and certain Subsidiaries in Indonesia, and provide the post
implementation support. The implementation of Plantation ERP System commenced on July 1, 2014
and is expected to be completed in 2016.
b Pada tanggal 18 April 2006, Perusahaan dan PT Rekayasa Industri Rekin menandatangani
perjanjian usaha patungan untuk membentuk suatu perusahaan usaha patungan yakni PT Bakrie Rekin
Bio Energy JV Company, yang bertujuan untuk mengembangkan pabrik green-field bio-diesel
dimana kepemilikan Perusahaan 70 dan kepemilikan Rekin 30. Perusahaan bertanggung
jawab untuk menyediakan persediaan yang dibutuhkan berdasarkan pada suatu jaminan
minimum bulanan pada harga pasar dan Rekin bertanggung jawab untuk menyediakan tenaga ahli
untuk pembangunan pabrik bio-diesel. b On April 18, 2006, the Company and PT Rekayasa
Industri Rekin entered into a joint venture agreement to establish a joint venture company,
PT Bakrie Rekin Bio Energy JV Company, whose objective is to develop a green-field bio-diesel plant.
The Company and Rekin hold 70 and 30 ownership, respectively. The Company will be
responsible for supplying the feedstock based on a guaranteed monthly minimum at market price and
Rekin will be responsible for providing the technical expertise for the construction of the bio-diesel plant.
Pada tanggal 31 Maret 2015 dan 31 Desember 2014, JV Company masih dalam tahap pengembangan dan
belum beroperasi secara komersial. As of March 31, 2015 and December 31, 2014, the
JV Company is still in the development stage and has not yet started its commercial operations.
