Indonesian language.
PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015
Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK
AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS Years Ended December 31, 2016 and 2015
Expressed in Rupiah, unless Otherwise Stated
50
16. UTANG BANK lanjutan 16. BANK LOANS continued
1. PT Bank CIMB Niaga Tbk lanjutan 2.
1. PT Bank CIMB Niaga Tbk continued Entitas anak PT Gelora Djaja lanjutan
Subsidiary PT Gelora Djaja continued
Jaminan atas fasilitas kredit tersebut berupa: Collaterals for the credit facilities are as follows:
- Mesin yang terletak di Jl. Buntaran 9,
Surabaya Catatan 12; -
Machine located at Jl. Buntaran 9, Tandes, Surabaya Note 12;
- Persediaan
berupa tembakau
dan cengkeh Catatan 9.
- Inventories of tobacco and cloves Note 9.
Selama periode perjanjian kredit, PT Gelora Djaja tanpa pemberitahuan tertulis kepada
CIMB NIAGA tidak boleh melakukan antara lain hal-hal sebagai berikut:
During the period of the loan, PT Gelora Djaja without written notification to CIMB NIAGA is
not allowed to carry out the following activities: a. Pembiayaan aset tetap;
a. Fixed asset financing; b. Memperoleh tambahan pinjaman dari
Bank atau lembaga keuangan lainnya; b. Obtain an additional loan from other banks
or financial institution; c. Melakukan perubahan susunan pengurus
dan pemegang saham; c.
Change the Company’s management and shareholders’ structures;
d. Menjaminkan aset tanah dan bangunan; dan
d. Pledge as loan collaterals the Land and Building; and
e. Menjaminkan kepada pihak ketiga tidak terbatas pada memberikan Corporate
Guarantee, kecuali
melakukan pengesahan atas surat-surat yang dapat
diperdagangkan untuk
keperluan pembayaran atau penagihan transaksi-
transaksi lain yang lazim dilakukan dalam menjalankan usaha.
e. Pledge to third party not limited to grant Corporate
Guarantee, except
for endorsement of trading securities for
payment or billing of other transactions which are normally done on its business
operations.
PT Gelora Djaja diharuskan menjaga current ratio minimal 1 satu. Manajemen PT Gelora
Djaja berpendapat bahwa seluruh rasio telah dipenuhi
pada tanggal
laporan posisi
keuangan konsolidasian. PT Gelora Djaja should maintain minimum
current ratio of 1 one. PT Gelora Djaja’s
management is of the opinion that all ratios are met as of consolidated statements of financial
position date.
2. PT Bank Danamon Indonesia Tbk 2. PT Bank Danamon Indonesia Tbk
Entitas anak PT Gelora Djaja Subsidiary PT Gelora Djaja
Utang Bank Jangka Pendek Short-term Bank Loan
Berdasarkan Akta Notaris J. Andy Hartanto, S.H., No. 23 tanggal 4 Maret 2010, PT Gelora
Djaja melakukan perjanjian kredit dengan PT Bank Danamon Indonesia Tbk. Perjanjian
kredit tersebut telah diubah dari waktu ke waktu. Perubahan terakhir dilakukan pada
tanggal 16 November 2016 berkaitan dengan perpanjangan jangka waktu kredit fasilitas
pinjaman sampai dengan tanggal 14 Oktober 2017. Tingkat bunga efektif yang dibebankan
sebesar 10 - 11 per tahun. Fasilitas kredit ini digunakan untuk pembiayaan keperluan
modal kerja, penerbitan Letter of Credit impor untuk pembelian bahan baku antara lain
tembakau dan saus tembakau dan suku cadang dan untuk pembiayaan utang pita cukai.
Fasilitas kredit tersebut terdiri dari: Based on Notarial Deed of J. Andy Hartanto,
S.H., No. 23 dated March 4, 2010, PT Gelora Djaja entered into a loan agreement with
PT Bank Danamon Indonesia Tbk. The loan agreement has been amended several times.
The
latest amendment
was made
on November 16, 2016 which extend the period of
loan until October 14, 2017. The effective interest rate for this facility is 10 - 11 per
annum. The facilities will be used for working capital, issuance of letter of credit for import of
raw materials purchases such as tobacco and tobacco sauce and spare parts and to finance
account payable of excies duties ribbons. The facilities of this credit are as follows:
Indonesian language.
PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015
Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK
AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS Years Ended December 31, 2016 and 2015
Expressed in Rupiah, unless Otherwise Stated
51
16. UTANG BANK lanjutan 16. BANK LOANS continued
2. PT Bank Danamon Indonesia Tbk lanjutan 2. PT
Bank Danamon
Indonesia Tbk
continued Entitas anak PT Gelora Djaja lanjutan
Subsidiary PT Gelora Djaja continued
- Fasilitas Omnibus
revolving loan
dengan nilai
maksimal sebesar
Rp170.000.000.000. Fasilitas
kredit tersebut memiliki sub limit penggunaan
berupa Bank
Garansi sebesar
Rp170.000.000.000 atau Letter of Credit impor sebesar AS17.000.000. Jangka
waktu penggunaan bank garansi selama 360 hari dan untuk Letter of Credit impor
selama
180 hari.
Pada tanggal
31 Desember 2016 dan 2015, saldo untuk
pinjaman ini
masing-masing sebesar
Rp39.000.000.000 dan
Rp75.500.000.000. - Omnibus Facility revolving loan with
maximum credit
amounting to
Rp170,000,000,000. This facility has sub- limits which are Bank Guarantee amounting
to Rp170,000,000,000 or Letter of Credit for import
purpose amounting
to US17,000,000. Usage period for a bank
guarantee is 360 days and for Letters of Credit for import is 180 days. As of
December 31, 2016 and 2015, the outstanding loan balance for this facility
amounted
to Rp39,000,000,000
and Rp75,500,000,000, respectively.
- Kredit Rekening Koran digunakan untuk pembiayaan keperluan modal kerja dengan
nilai maksimal sebesar Rp5.000.000.000. Pada tanggal 31 Desember 2016 dan
2015, tidak terdapat saldo utang atas fasilitas ini.
- Bank Overdraft Facility is used for working capital
with maximum
credit facility
amounting to Rp5,000,000,000. As of December 31, 2016 and 2015, there is no
outstanding balance on this credit facility
- Fasilitas Open Account Financing Import seasonal limit dengan nilai maksimal
sebesar Rp200.000.000.000. Pada tanggal 31 Desember 2016 dan 2015, saldo
untuk pinjaman
ini masing-masing
sebesar Rp126.737.579.365
dan Rp157.219.404.282.
- Open Account Financing Import Facility seasonal limit with maximum credit
amounting to Rp200,000,000,000. As of December 31, 2016 and 2015, the
outstanding loan balance for this facility amounted
to Rp126,737,579,365
and Rp157,219,404,282, respectively.
Jaminan atas fasilitas di atas berupa persediaan tembakau dan cengkeh PT Gelora
Djaja Catatan 9, piutang usaha PT Gelora Djaja dari PT Gawih Jaya Catatan 7 dan
jaminan Perusahaan dari PT Gawih Jaya. a.
The collaterals of the above facilities are secured by PT Gelora Dj
aja’s tobacco and cloves Note 9, PT Gelora D
jaja’s trade receivables from PT Gawih Jaya Note 7 and
corporate guarantee from PT Gawih Jaya. Nilai jaminan untuk jaminan tersebut diatas
sebesar 100 dari jumlah yang terhutang outstanding pinjaman berdasarkan fasilitas
kredit. Total amount of the above collaterals comprises
100 from outstanding loan according to credit facilities.
Berdasarkan perpanjangan perjanjian kredit, PT
Gelora Djaja
diharuskan untuk
mempertahankan rasio
keuangan seperti
current ratio minimum sebesar 1,25 kali, debt to equity ratio maksimum sebesar 2 kali, debt
service coverage ratio minimum 1 kali dan jumlah piutang dan persediaan milik PT Gelora
Djaja harus lebih besar dari jumlah utang bank. a.
Based on the extended loan agreement, PT Gelora Djaja should maintain the financial
ratio such as current ratio minimum of 1.25 times, debt to equity ratio maximum of 2 times,
debt service coverage ratio minimum of 1 time and the sum of receivables and inventories
owned by PT Gelora Djaja should be more than total outstanding loan balance.
Manajemen PT Gelora Djaja berpendapat bahwa seluruh rasio telah dipenuhi pada
tanggal laporan
posisi keuangan
konsolidasian. PT Gelora Djaja’s management is of the opinion
that all ratios are met as of consolidated statements of financial position date.
