PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan
31 Desember 2012 Dan 2011 Dengan Angka Perbandingan
1 Januari 201131 Desember 2010 Dan Tahun Yang Berakhir Pada Tanggal-Tanggal
31 Desember 2012 Dan 2011 Dinyatakan dalam Rupiah, kecuali dinyatakan lain
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
December 31, 2012 And 2011 With Comparative Figure
January 1, 2011December 31, 2010 And The Years Ended
December 31, 2012 And 2011 Expressed in Rupiah, unless otherwise stated
187
51. TUJUAN DAN KEBIJAKAN RISIKO MANAJEMEN KEUANGAN lanjutan
51. FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES continued
PENGELOLAAN MODAL lanjutan CAPITAL MANAGEMENT continued
Grup mengelola struktur permodalan dan melakukan penyesuaian, berdasarkan perubahan kondisi ekonomi.
Untuk memelihara
atau menyesuaikan
struktur permodalan, Grup dapat menyesuaikan pembayaran
dividen kepada pemegang saham, menerbitkan saham baru atau mengusahakan pendanaan melalui pinjaman.
Tidak ada perubahan atas tujuan, kebijakan maupun proses selama periode penyajian.
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 issue new shares or raise debt
financing. No changes were made in the objectives, policies or processes during the periods presented.
Kebijakan Grup adalah mempertahankan struktur permodalan yang sehat untuk mengamankan akses
terhadap pendanaan pada biaya yang wajar. The Group policy is to maintain a healthy capital
structure in order to secure access to finance at a reasonable cost.
Pada tanggal 31 Desember 2012 dan 2011 1 Januari 201131 Desember 2010, akun-akun Grup yang
membentuk rasio utang terhadap ekuitas adalah sebagai berikut:
As of December 31, 2012 dan 2011 January 1, 2011 December 31, 2010, the Group’s debt-to equity ratio
accounts are as follows:
1 Januari 2011 31 Desember 2010
31 Desember 2012 31 Desember 2011
January 1, 2011 December 31, 2012
December 31, 2011 December 31, 2010
Jumlah liabilitas 6.071.418.710.164
6.805.878.160.103 6.582.727.429.196
Total liability Jumlah ekuitas
9.164.214.273.030 10.902.071.438.314
10.481.468.345.061 Total equity
Total equity
Rasio utang terhadap ekuitas
0,66 0,62
0,63 Debt to equity ratio
52. KELOMPOK INSTRUMEN KEUANGAN 52. FINANCIAL INSTRUMENTS BY CATEGORY
Tabel di bawah ini menyajikan perbandingan atas nilai tercatat dengan nilai wajar dari instrumen keuangan
Grup yang tercatat dalam laporan keuangan pada tanggal 31 Desember 2012 dan 2011 1 Januari 2011
31 Desember 2010. The table below is a comparison by class of the
carrying amounts and fair value of Group’s financial instrument that are carried in the financial statements
as of December 31, 2012 and 2011 January 1, 2011 December 31, 2010.
1 Januari 2011 31 Desember 2010
31 Desember 2012 31 Desember 2011
January 1, 2011 December 31, 2012
December 31, 2011 December 31, 2010
Nilai tercatat Nilai wajar
Nilai tercatat Nilai wajar
Nilai tercatat Nilai wajar
Carrying value Fair value
Carrying value Fair value
Carrying value Fair value
ASET KEUANGAN FINANCIAL ASSETS
Pinjaman yang diberikan dan piutang:
Loans and receivables:
Kas dan setara kas 268.369.116.374
268.369.116.374 597.128.042.339
597.128.042.339 860.557.957.179
860.557.957.179 Cash and cash equivalent
Piutang usaha - bersih 1.032.964.819.264
1.032.964.819.264 1.166.377.037.039
1.166.377.037.039 1.168.427.204.256
1.168.427.204.256 Trade receivables - net
Piutang lain-lain - bersih 269.007.124.393
269.007.124.393 829.867.929.992
829.867.929.992 565.891.395.417
565.891.395.417 Other receivables - net
Dana dalam pembatasan 309.783.703.675
309.783.703.675 239.288.930.699
239.288.930.699 293.916.870.346
293.916.870.346 Restricted funds
Piutang pihak berelasi - bersih 64.236.985.781
64.236.985.781 44.193.251.030
44.193.251.030 11.041.775.494
11.041.775.494 Due from related parties - net
Aset lain-lain 86.547.569.447
86.547.569.447 187.189.747.649
187.189.747.649 246.541.323.935
246.541.323.935 Other assets
Aset keuangan tersedia Available for sale financial
untuk dijual: assets:
Investasi jangka pendek 24.233.263.875
24.233.263.875 6.685.468.837
6.685.468.837 775.342.421.134
775.342.421.134 Short-term investment
Jumlah aset keuangan 2.055.142.582.809
2.055.142.582.809 3.070.730.407.585
3.070.730.407.585 3.921.718.947.761
3.921.718.947.761 Total financial assets
PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan
31 Desember 2012 Dan 2011 Dengan Angka Perbandingan
1 Januari 201131 Desember 2010 Dan Tahun Yang Berakhir Pada Tanggal-Tanggal
31 Desember 2012 Dan 2011 Dinyatakan dalam Rupiah, kecuali dinyatakan lain
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
December 31, 2012 And 2011 With Comparative Figure
January 1, 2011December 31, 2010 And The Years Ended
December 31, 2012 And 2011 Expressed in Rupiah, unless otherwise stated
188
52. KELOMPOK INSTRUMEN KEUANGAN lanjutan 52. FINANCIAL
INSTRUMENTS BY
CATEGORY continued
1 Januari 2011 31 Desember 2010
31 Desember 2012 31 Desember 2011
January 1, 2011 December 31, 2012
December 31, 2011 December 31, 2010
Nilai tercatat Nilai wajar
Nilai tercatat Nilai wajar
Nilai tercatat Nilai wajar
Carrying value Fair value
Carrying value Fair value
Carrying value Fair value
LIABILITAS KEUANGAN FINANCIAL LIABILITIES
Liabilitas keuangan yang dicatat berdasarkan biaya
Financial liabilities measured perolehan diamortisasi
at amortized cost
Utang bank jangka pendek 418.955.235.015
418.955.235.015 274.828.000.000
274.828.000.000 238.226.382.762
238.226.382.762 Short-term bank loans
Utang usaha 439.525.064.648
439.525.064.648 491.661.801.974
491.661.801.974 387.603.089.842
387.603.089.842 Trade payables - third parties
Utang lain-lain 377.958.623.509
377.958.623.509 312.251.167.099
312.251.167.099 307.904.777.776
307.904.777.776 Other payables - third parties
Biaya masih harus dibayar 302.406.875.904
302.406.875.904 232.343.500.588
232.343.500.588 302.474.524.036
302.474.524.036 Accrued expenses
Uang muka pelanggan 482.876.336.010
482.876.336.010 179.112.638.798
179.112.638.798 85.492.258.249
85.492.258.249 Advances from customers
Liabilitas jangka panjang Long-term debts
Utang usaha 20.658.098.780
20.658.098.780 28.992.416.243
28.992.416.243 38.217.506.170
38.217.506.170 Trade payable
Utang bank dan lembaga Bank and financial institution
keuangan 1.346.618.265.814
1.346.618.265.814 3.064.564.146.706
3.064.564.146.706 2.451.808.543.703
2.451.802.174.024 loans
Utang pembelian aset tetap 4.981.258.106
4.981.258.106 5.429.174.160
5.429.174.160 3.487.828.491
3.487.828.491 Loan of purchase of fixed asset
Utang pihak berelasi 305.664.850.638
305.664.850.638 145.303.077.735
145.303.077.735 31.007.529.263
31.007.529.263 Due to related parties
Utang obligasi 1.583.060.348.323
1.583.060.348.323 1.487.952.737.753
1.487.952.737.753 1.695.722.490.240
1.697.041.371.697 Bonds payable
Liabilitas derivatif 207.578.734.200
207.578.734.200 56.691.050.360
56.691.050.360 118.881.474.525
118.881.474.525 Derivative liabilities
Jumlah liabilitas keuangan 5.490.283.690.947
5.490.283.690.947 6.279.129.711.416
6.279.129.711.416 5.660.826.405.057
5.662.138.916.835 Total financial liabilities
Nilai wajar didefinisikan sebagai jumlah dimana instrumen tersebut dapat dipertukarkan di dalam
transaksi jangka pendek antara pihak yang berkeinginan dan memiliki pengetahuan yang memadai melalui suatu
transaksi yang wajar, selain di dalam penjualan terpaksa atau penjualan likuidasi. Nilai wajar didapatkan dari
kuotasi harga pasar dan model arus kas diskonto. Fair value is defined as the amount at which the
instrument could be exchanged in a current transaction between knowledgeable willing parties in an arms-
length transaction, other than in a forced or liquidation sale. Fair values are obtained from quoted market
prices and discounted cash flow models.
PSAK No. 60, “Instrumen Keuangan: Pengungkapan” mensyaratkan pengungkapkan atas pengukuran nilai
wajar dengan tingkat hirarki nilai wajar sebagai berikut: PSAK No. 60, “Financial Instruments: Disclosures”
requires disclosure of fair value measurements by level of the following fair value measurement hierarchy:
a. Tingkat 1 : Nilai wajar diukur berdasarkan pada harga kuotasi tidak disesuaikan dalam
pasar aktif untuk aset atau liabilitas sejenis.
a. Level 1 : Fair values measured based on quoted
prices unadjusted in active markets for identical assets or liabilities.
b. Tingkat 2 : Nilai wajar diukur berdasarkan teknik- teknik valuasi, di mana seluruh input
yang mempunyai efek yang signifikan atas nilai wajar dapat diobservasi baik
secara langsung
maupun tidak
langsung. b. Level 2
: Fair values
measured based
on valuation techniques for which all inputs
which have a significant effect on the recorded fair values are observable,
either directly or indirectly.
c. Tingkat 3 : Nilai wajar diukur berdasarkan teknik- teknik valuasi, di mana seluruh input
yang mempunyai efek yang signifikan atas nilai wajar tidak dapat diobservasi
baik secara langsung maupun tidak langsung .
c. Level 3 : Fair value measured based on valuation
techniques for which inputs which have a significant effect on the recorded fair
value are not based on observable market data.
Metode dan asumsi berikut ini digunakan untuk mengestimasi nilai wajar untuk setiap kelompok
instrumen keuangan yang praktis untuk memperkirakan nilai tersebut:
The following methods and assumptions were used to estimate the fair value of each class of financial
instruments for which it is practicable to estimate such value:
1. Kas dan setara kas, piutang usaha, piutang lain-lain
dan dana dalam pembatasan disajikan sebagai aset lancar.
1. Cash and cash equivalent, trade receivable, other
receivable, restricted fund are presented as current assets.
Seluruh aset keuangan tersebut merupakan aset keuangan jangka pendek yang akan jatuh tempo
dalam waktu 12 bulan sehingga nilai tercatat aset keuangan
tersebut kurang
lebih telah
mencerminkan nilai wajarnya. All these financial assets are short-term financial
assets which is due within 12 months, thus the carrying value of the financial assets approximate
their fair value.