Revenue by Subsidiaries Kinerja Keuangan Penghasilan Usaha

PT Bakrieland Development Tbk Laporan Tahunan 2016 MDA Report Profil Perusahaan Company Profile Laporan Manajemen • Management Services Income from management services was generated from the management of buildings and facilities in Bakrieland projects such as Wisma Bakrie 1, Wisma Bakrie 2, Bakrie Tower, Plaza Festival, Rasuna Office Park, and Epiwalk Office Suites. Recuring Income As a property company that develops apartments and landed residential units as its main projects, income of Bakrieland was also affected by the unstable macroeconomic conditions. During economic turbulences such as an event of increase in interest rates and inflation, or exchange rate fluctuations that can cause the price of construction materials to soar, the Company’s financial performance will be affected. In order to anticipate these risks, Bakrieland makes every effort to maintain a stable income by running projects that generate recurring revenues. The Company’s sources of recurring income are office premises Bakrie Tower, Wisma Bakrie 1 2, Aston Rasuna Hotel, Aston Bogor Hotel, Plaza Festival, and Elite Club Epicentrum, management services by Provices, The Jungle Waterpark, Jungle Fest, JungleLand Adventure Themepark, Orchard Walk commercial area, The Grove Suites, Grand Elty Krakatoa, and Grand Elty Tenggarong. In 2016, income generated from these projects amounted to Rp789.9 billion or 46.8 of the Company’s total revenue. The amount experienced an increase from Rp691.4 billion in 2015.

A. Revenue by Subsidiaries

The Company’s net revenues increased by 21 from Rp1,395.6 billion in 2015 to Rp1,688.2 billion in 2016. The largest proportion of the Company’s revenue was derived from the PT Bakrie Swasakti Utama which contibuted Rp1,290.1 billion, or 76.42 of the Company’s total operating revenues in 2016. Revenues from PT Bakrie Swasakti Utama was obtained from Bakrieland Subsidiaries that developed the Rasuna Epicentrum superblock project in the main CBD area of Kuningan Jakarta, which inlcuded apartments and high rise office buildings. The second largest contributor was PT Graha Andrasentra Propertindo Tbk GAP, amounting to 22.21 of the Company’s total operating income in 2016. The revenues from PT Graha Andrasentra Propertindo Tbk GAP that develops housing landed • Jasa Manajemen Pendapatan dari jasa manajemen merupakan hasil dari pengelolaan gedung-gedung dan sarana-sarana pada proyek Bakrieland, seperti Wisma Bakrie 1, Wisma Bakrie 2, Bakrie Tower, Plaza Festival, Rasuna Office Park dan Epiwalk Office Suites. Pendapatan Usaha Berkelanjutan Sebagai perusahaan properti yang proyek utamanya adalah membangun apartemen dan perumahan, pendapatan Bakrieland juga dipengaruhi oleh stabilitas kondisi makro ekonomi. Ketika terjadi gejolak perekonomian seperti peningkatan suku bunga dan inflasi, atau terjadi fluktuasi nilai tukar yang dapat meningkatkan harga bahan bakumaterial bangunan, maka kinerja keuangan Perusahaan akan terpengaruh. Dalam rangka mengantisipasi risiko-risiko tersebut, Bakrieland berupaya memperkuat pendapatan yang bersifat tetap dengan memiliki proyek-proyek yang menghasilkan pendapatan berkelanjutan. Adapun sumber-sumber pendapatan berkelanjutan yang saat ini dimiliki Perusahaan adalah Perkantoran Bakrie Tower, Wisma Bakrie 1 2, Hotel Aston Rasuna, Hotel Aston Bogor, Plaza Festival dan Elite Club Epicentrum, Jasa Manajemen oleh Provices, The Jungle Waterpark, Jungle Fest, JungleLand Adventure Themepark, area komersial Orchard Walk, the Grove Suites, Grand Elty Krakatoa dan Grand Elty Tenggarong. Untuk tahun 2016, jumlah pendapatan yang berasal dari proyek-proyek ini adalah sebesar Rp789,9 miliar atau sekitar 46,8 dari total pendapatan perusahaan. Jumlah ini mengalami peningkatan dari Rp691,4 miliar di tahun 2015.

A. Penghasilan Usaha Berdasarkan Anak Perusahaan