PROFIL RISIKO INVESTASI DAN MITIGASI RISK INVESTMENT AND MITIGATION PROFILE
PT KERETA API INDONESIA PERSERO
2013 ANNUAL REPORT
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PT KERETA API INDONESIA PERSERO
LAPORAN TAHUNAN 2013
369
Business Prospects and Corporate Strategy
Analysis and Managerial Discussion
Supporting Business Report
Tipikal Risiko-Risiko yang Dihadapi Perusahaan dan Upaya Mitigasinya Fokus: investasi
Typical risks which are faced by company and their mitigation efforts Focus: investment
NO JENIS RESIKO
UPAYA MITIGASI NO
RISK TYPE MITIGATION EFFORTS
1 Risiko Strategis
Pematangan perencanaan bisnis strategis busi- ness plan, sinkronisasi perencanaan terpadu,
memastikan keselarasan strategisdengan tujuan visimisi perusahaan.
1 Strategic Risk
Strategic business plan perfection, integrated planning synchronisation, making sure the har-
mony of strategies and company objectivesvi- sionmission.
2 Risiko Legal Regulasi
Percepatan pengurusan perizinan, koordinasi den- gan instansi regulator, pencantuman pasal-pasal
pengaman risiko dalam naskah kontrak dengan pihak mitra kerjasama, sertifikasi kepemilikan aset
perusahaan.
2 Legalregulation Risk
Accelerating permit arrangement, coordinating with institution regulator, putting risk security ar-
ticle in contract paper with joint partner, company asset possession certification
3 Risiko Kepatuhan .
Memastikan kepatuhan kode etik dan peraturan internal dengan dengan hukum dan peraturan
terkait yang berlaku. 3
Obedient Risk Making sure the obedience of code of conduct
and internal regulation with relevant laws and regulation.
PT KERETA API INDONESIA PERSERO
2013 ANNUAL REPORT
370
NO JENIS RESIKO
UPAYA MITIGASI NO
RISK TYPE MITIGATION EFFORTS
4 Risiko Operasional.
Pematangan rencana operasi sarana, prasarana danatau pemeliharaan alat produksi, penyiapan
keterampilam SDM , perancangan proses kerja, memastikan adanya SOP, memastikan ada contin-
gency plan. Memastikan kepatuhan terhadap hukumregulasi
peraturan eksternal. Memastikan tertanamnya budaya kerja unggul
dan pencapaian tingkat kepuasan kerja pada level yang cukup bagi para pegawai.
4 Operational Risk
Perfecting of manufacturing equipment facility andor maintenance operational planning, prepar-
ing Human Resource skill, designing work process, making sure the availability of SOP, making sure
that there is a contingency plan. Making sure the obedience on lawregulation ex-
ternal regulation Making sure the excellent work culture and the
achievement of work satisfaction level on ad- equate level to the employees.
5 Risiko Bencana AlamNatural, Kecelakaan, Ke-
bakaran, dan sebagainya. Memastikan adanya sistem peringatan dini
alarm, business continuity planningcontingency plan, penyiap-siagaan backup systems, prosedur
kerja untuk keadaan darurat bencana, sistem pemadam kebakaran, tangga darurat, coverage
asuransi untuk meminimalkan kerugiandampak negatif, dan sebagainya.
5 Natural disaster risk, accident, wildfire, etc.
Making sure the availability of early warning system alarm, business continuity planning
contingency plan, preparing backup systems, work procedure for disaster emergency situation,
firefighting system, emergency stairs, insurance coverage to minimize lostnegative impacts, etc.
6 Risiko Finansial
a. Risiko Kurs Mata-Uang Penyediaan sebagian valas lebih awal dari pem-
bayaran atau penerapan mekanisme lindung-nilai hedging.
b. Risiko Komoditi Pengadaan dengan kontrak multi-years dan fixed
price c. Risiko Likiditas akibat konsentrasi cash out-
flow Penajaman perencanaan simulasi cash-flow Pe-
rusahaan, pencarian sumber dana alternatifloan modal kerjamodal investasi, koordinasi antar
unit pengadaan dan keuangan.
d. Risiko kesulitan pendanaan Memastikan studi kelayakan yang bankable dibuat
oleh konsultan independen yang kredibel dan be- reputasi baik di kalangan bisnis internasional.
6 Financial risk
a. Currency risk Providing foreign currency earlier than payment or
applying value-protect mechanism hedging. b. Commodity risk
Multi-year and fixed price procurement contract
PT KERETA API INDONESIA PERSERO
LAPORAN TAHUNAN 2013
371
Business Prospects and Corporate Strategy
Analysis and Managerial Discussion
Supporting Business Report
c. Liquidity risk as a result of cash out-flow concentration
Sharpening cash flow planningsimulation, seeking alternative financialloan source work capitalin-
vestment capital, coordination between procure- ment and financial unit.
d. Financial barrier risk Making sure the feasibility study which is bank-
able is made by independent consultant who is credible and has good reputation in international
business community
7 Risiko Proyek
a. Penyimpangan Waktu StartPelaksanaan Percepatan perizinan, penyiapan desain dan ap-
proval teknis, AMDAL, penyiapan lokasisite, pem- bebasan lahan, perencanaan dan approval biaya
sumber dana.
b. Penyimpangan Waktu Delivery PelaksanaanTime Overruns
Penajaman schedule risk corrected schedule, perkuatan manajemen proyek, memastikan ke-
cukupan supervisi proyek, pemantauan dan evalu- asi kemajuan proyek secara berjenjang.
c. Penyimpangan Biaya Realisasi Cost Overruns
Penajaman surveyperencanaan dan scope proyek, RAB EE dan OE realistis, amandemen kontrak,
memastikan pasal-pasal pengaman risiko proyek, kontrak lump-sum fixed price sejauh memungkin-
kan, dan sebagainya.
d. Penyimpangan Biaya Realisasi Cost Overruns
Memastikan kualifikasi dan seleksi penyedia ba- rangjasa dan supervisi serta pengujian mutu se-
cara ketat. 7
e. Implementation start overruns Permit acceleration, technical approval and design
preparation, environment impact analysis, site location preparation, land acquisition, financial
sourcecost plan and approval.
f. Time Overruns Risk corrected schedule, strengthening project
management, making sure project supervision sufficiency, review, and gradual project progress
evaluation.
g. Cost Overruns Sharpening surveyplanning and project scope, RAB
EE and OE realistic, contract amendment, mak- ing sure project risk security articles as well as lump-
sum fixed price contract as far as possible, etc.
h. Quality overruns compare to spectec Making sure the qualification and selection of goods
servide provider, supervision, and strict quality test.
8 Risiko KomersialPasar
Penajaman survey pasar pelanggan dan studi kelayakan FS oleh pihak independen yang kredi-
bel, strategi pemasaran produkjasa, perencanaan aliansi strategis skema kerjasama bisnis risk shar-
ing, kontrak angkutan jangka-panjang minimum transport demand agrement, dan sebagainya.
8 Commercialmarket risk
Sharpening marketcustomer survey and feasibil- ity study by a credible independent party, product
and service marketing strategy, strategic alliance risk sharing scheme planning, long term minimum
transport demand agreement, etc.
NO JENIS RESIKO
UPAYA MITIGASI NO
RISK TYPE MITIGATION EFFORTS
PT KERETA API INDONESIA PERSERO
2013 ANNUAL REPORT
372
NO JENIS RESIKO
UPAYA MITIGASI NO
JENIS RESIKO UPAYA MITIGASI
9 Risiko Investasi
Scenario analysis, Penajaman FS atau Benefit-Cost Analysis, sensitivity analysis.
9 Risiko Investasi
Scenario analysis, Penajaman FS atau Benefit-Cost Analysis, sensitivity analysis.
10 Risiko Kemitraan mitra wanprestasi terminasi
sepihak Pengamanan risiko perusahaan via pasal-pasal
perjanjian kerjasamakontrak, khususnya pasal ter- minasi, penalti, dendasanksi, indemnifikasipem-
bebasan tanggung-jawab terhadap pihak ketiga, konsekuensi biaya pasca terminasi, sengketa dan
arbitrase, dan sebagainya.
10 Partnership risk unreliable partner one party
termination Securing company risk through articles in the con-
tract agreement, especially termination article, penalty, finepunishment, indemnificationrespon-
sibility exemption towards the third party, post- termination consequence cost, dispute and arbitra-
tion, etc.
11 Risiko Sosial
Early anticipation through socialization, public relation, and consultation with socielt leaders,
coordination with relevant institution, and early communication with nearby publicsociety, CSR
program, etc.
11 Social risk
Early anticipation through socialization, public rela- tion, and consultation with socielt leaders, coordi-
nation with relevant institution, and early commu- nication with nearby publicsociety, CSR program,
etc.
12 Risiko Fraud
Penerapanpenegakan aturan dan kode etik perusahaan secara konsisten berikut sanksi yang
tegas dan sepadan bagi para pelanggarnya serta menumbuh-kembangkan budaya bersih di seluruh
jajaran perusahaan.
12 Fraud risk
Consistent company regulation and code of conduct implementation, including strict punishment and
adjust the violation as well as growing clean culture in the entire parts of the company.
PT KERETA API INDONESIA PERSERO
LAPORAN TAHUNAN 2013
373
Business Prospects and Corporate Strategy
Analysis and Managerial Discussion
Supporting Business Report