These Consolidated Financial Statements are Originally Issued in Indonesian Language
Ekshibit E87 Exhibit E87
PT PROVIDENT AGRO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2012 DAN 2011
Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT PROVIDENT AGRO Tbk
AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2012 AND 2011 Expressed in thousand Rupiah, unless otherwise stated
33. INFORMASI MENGENAI PIHAK–PIHAK BERELASI Lanjutan
33.
RELATED PARTIES INFORMATION Continued a. Sifat pihak - pihak berelasi Lanjutan
a.
Nature of Relationship Continued
PT Hamparan Karunia Nusantara memiliki susunan
Direksi yang sama dengan
Perusahaan.
PT Unitras Pertama memiliki pemegang saham utama yang sama dengan pemegang saham
utama Perusahaan.
Edwin Soeryadjaya dan Joyce Soeryadjaya
adalah pemegang saham utama Perusahaan.
PT Hamparan Karunia Nusantara has similar member of Board of Director with the
Company. PT Unitras Pertama has the common ultimate
shareholders with the ultimate shareholders of the Company.
Edwin Soeryadjaya and Joyce Soeryadjaya are the ultimate shareholders of the Company.
b. Transaksi dengan pihak-pihak berelasi b.
Transactions with related parties
Perusahaan dalam kegiatan usahanya telah melakukan transaksi dengan beberapa
perusahaan yang berelasi. Rincian transaksi- transaksi tersebut yakni:
The Company in its business transactions with several companies that have a special
relationship. The details of these transactions are:
2 0 1 2 2 0 1 1
Piutang lain-lain Other receivables
Rupiah Rupiah
PT Unitras Pertama -
120.000.000 PT Unitras Pertama
PT Provident Indonesia -
43.618.792 PT Provident Indonesia
Edwin Soeryadjaya -
5.781.800 Edwin Soeryadjaya
Joyce Soeryadjaya -
5.781.800 Joyce Soeryadjaya
PT Provident Capital Indonesia -
1.000 PT Provident Capital Indonesia
J u m l a h
- 175.183.392
T o t a l 2 0 1 2
2 0 1 1 Utang lain-lain - jangka pendek
Other payables - short-term Rupiah
Rupiah
PT Hamparan Karunia Nusantara -
316.487.999 PT Hamparan Karunia Nusantara
Edwin Soeryadjaya -
4.145.009 Edwin Soeryadjaya
Joyce Soeryadjaya -
4.145.009 Joyce Soeryadjaya
J u m l a h
- 324.778.017
T o t a l
These Consolidated Financial Statements are Originally Issued in Indonesian Language
Ekshibit E88 Exhibit E88
PT PROVIDENT AGRO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2012 DAN 2011
Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT PROVIDENT AGRO Tbk
AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2012 AND 2011 Expressed in thousand Rupiah, unless otherwise stated
33. INFORMASI MENGENAI PIHAK–PIHAK BERELASI Lanjutan
33.
RELATED PARTIES INFORMATION Continued b. Transaksi
dengan pihak-pihak berelasi Lanjutan
b.
Transactions with related parties Continued 2 0 1 2
2 0 1 1 Utang lain jangka panjang
Long-term other payables Dolar AS
US Dollar
PT Hamparan Karunia Nusantara 545.055.507
- PT Hamparan Karunia Nusantara
Bunga PSAK 50 55 52.128.707
- Interest of PSAK 50 55
J u m l a h 492.926.800
- T o t a l
2 0 1 2 2 0 1 1
Utang pemegang saham Shareholders payable
Dolar AS US Dollar
PT Provident Capital Indonesia -
2.267.000 PT Provident Capital Indonesia
Rupiah Rupiah
PT Provident Capital Indonesia -
1.732.619 PT Provident Capital Indonesia
J u m l a h
- 3.999.619
T o t a l
Perusahaan menjadi penjamin atas utang bank jangka panjang yang diterima oleh MAG, entitas
anak dari PT Bank DBS Indonesia Catatan 17. The Company is the corporate guarantor for long-
term bank loan obtained by MAG, a subsidiary from PT Bank DBS Indonesia Note 17.
34. MANAJEMEN RISIKO KEUANGAN
34.
FINANCIAL RISK MANAGEMENT
Aktivitas Perusahaan dan entitas anak mengandung berbagai risiko keuangan seperti risiko kredit, risiko
likuditas, risiko pasar, dan risiko pasar lain. Secara keseluruhan, program manajemen risiko keuangan
Perusahaan dan entitas anak terfokus untuk menghadapi ketidakpastian pasar uang dan
meminimalisasi potensi kerugian yang berdampak pada kinerja keuangan Perusahaan dan entitas anak.
The Company’s and subsidiaries‘ activities are exposed to few financial risks such market risks,
credit risks, market risks, and other market risks. The Company’s and subsidiaries‘ overall management
program focuses to mitigate to volatility of financial markets and to minimize potential adverse effects on
the Company’s and subsidiaries‘ financial performance.
a. Risiko pasar a.
Market risk
Perusahaan dan entitas anak menyadari adanya risiko pasar yang terjadi akibat fluktuasi mata
uang Rupiah terhadap Dolar AS, serta fluktuasi suku bunga pinjaman, sehingga entitas anak
melakukan kontrak lindung nilai dengan tujuan melakukan aktivitas lindung nilai atas
ketidakpastian fluktuasi suku bunga dan fluktuasi mata uang asing yang timbul dari arus kas pokok
dan bunga pinjaman dari entitas anak. The Company and subsidiaries are aware of
market risk due to foreign exchange fluctuation of Rupiah against US Dollar and interest rate
fluctuation, hence, the subsidiaries have entered into hedging contracts to hedge the uncertainty of
interest rate and foreign exchange fluctuations arising from the loan principal and interest
payments from each subsidiaries.