Consolidated Statements of Cash Flows In 2016, the Company recorded cash and cash equivalents of
Consolidated Statements of Cash Flows In 2016, the Company recorded cash and cash equivalents of
US$1.65 million, a decrease of 74.35% as compared to the previous year of US$6.43 million.
Operating Activities
The Company recorded net cash flows used in operating activities of US$2.68 million in 2016, while in 2015, the Company booked net cash flows provided by operating activities of US$12.49 million. This was primary driven by the decrease in receipts from customers which in line with the decrease in revenues.
Investing Activities
The 2016 net cash flows used in investing activities amounting to US$634 thousand, a decrease compared to US$8.56 million in 2015. The decrease is attributable to the decrease in purchase of property, plant and equipment and decrease in increase in exploration and evaluation assets and mining properties.
Financing Activities
The net cash flows used in financing activities decreased to US$1.01 million in 2016 as compared to 2015 of US$1.73 million.
Laporan Tahunan 2016 Annual Report Pembahasan dan Analisis Manajemen
PT Atlas Resources Tbk
Management Discussion and Analysis
Rasio Keuangan
Financial Ratio
Profitabilitas Profitability Uraian
Perubahan Change
Description
Net Profit Margin Rasio Rugi Bersih terhadap Aset
Margin Rugi Bersih
Return on Asset
Rasio profitabilitas menunjukkan bagaimana perusahaan The profitability ratio shows how a company utilized its resources mendayagunakan sumber daya yang dimilikinya dalam
in generating revenue and adding values for the shareholders. menghasilkan keuntungan dan nilai bagi para pemegang saham.
Margin rugi bersih Perseroan meningkat dari -91,46% pada 2015 The Company’s net loss margin increased from negative 91.46% menjadi -221% di tahun 2016, hal ini dikarenakan penurunan
in 2015 to -221% in 2016, which was due to the decrease in pendapatan usaha Perseroan. Rasio rugi bersih terhadap jumlah
the Company’s revenue. Net loss to total asset ratio was also aset juga naik dari -7,38% di 2015 menjadi -7,72% di tahun 2016.
increased from -7.38% in 2015 to -7.72% in 2016.
Likuiditas, Solvabilitas dan Utang Liquidity, Solvency and Liabilities Uraian
2016 Perubahan 2015
Change
Description
Current Ratio Rasio Liabilitas terhadap Ekuitas
Rasio Lancar
Debt to Equity Ratio Rasio Liabilitas terhadap Aset
Debt to Asset Ratio
Rasio likuiditas Perseroan, yaitu rasio lancar, yang menunjukkan The Company’s liquidity ratio or current ratio, reflects the capability kemampuannya memenuhi liabilitas jangka pendeknya, mencapai
of the Company in fulfilling short-term liability which was 0.18 in 0,18 pada tahun 2016, turun dari 0,20 di 2015. Sementara itu,
2016, decreased from 0.20 in 2015. Whilst, the Company’s liability rasio liabilitas Perseroan, yang menunjukkan liabilitas Perseroan
ratio reflects its total liability to total asset of 0.83 in 2016, while terhadap jumlah aset mencapai 0,83 pada tahun 2016, sementara
the solvency ratio was 4.87, an increase of 48.48% compared to rasio solvabilitasnya mencapai 4,87, meningkat 48,48%
2015 of 3.28.
dibandingkan tahun 2015 sebesar 3,28
Tingkat Kolektibilitas Piutang
Collectability Receivables
Rasio pengembalian piutang Perseroan, yang menunjukkan The Company’s collectability of receivables reflect the capability kemampuannya mengelola piutang usaha, yang ditunjukkan
of the Company in managing its trade receivables as calculated by dalam periode rata-rata pengembalian piutang, adalah 107 hari.
the average days of receivable which was 107 days. (dalam ribuan US$)
(in thousand US$)
Uraian
2016 Perubahan 2015
Change
Description
Belum jatuh tempo dan tidak mengalami
Neither past due nor impaired penurunan nilai
Jatuh tempo dan tidak mengalami penurunan nilai Past due but not impaired 1 bulan – 3 bulan
1 month - 3 months Lebih dari 3 bulan
More than 3 months Jatuh tempo dan mengalami penurunan nilai
Past due and impaired Jumlah
Total Cadangan kerugian penurunan nilai
Allowance for impairment Bersih
Net
Pembahasan dan Analisis Manajemen
60 Management Discussion and Analysis Laporan Tahunan 2016 Annual Report PT Atlas Resources Tbk
Struktur Permodalan Per 31 Desember 2016, 68,74% dari seluruh saham Perseroan
dipegang oleh pemegang saham dengan kepemilikan lebih dari 5% yang terdiri dari:
Pemegang Saham Shareholders
Jumlah Saham Number of Shares
Calorie Viva Utama
42.89 Andre Abdi
15.75 UBS AG Hong Kong
Sisanya sebesar 31,26% dipegang oleh masyarakat. Di tahun 2016 tidak terjadi perubahan pada tambahan modal disetor Perseroan, yang berjumlah US$81,988 juta per 31 Desember 2016 dan 2015.