FINANCIAL RISK MANAGEMENT OBJECTIVE AND POLICIES
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.
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
189
52. KELOMPOK INSTRUMEN KEUANGAN lanjutan 52. FINANCIAL
INSTRUMENTS BY
CATEGORY continued
2. Investasi jangka pendek
2. Short-term investments
Investasi jangka pendek dicatat sebesar nilai wajar mengacu pada harga kuotasi yang dipublikasikan
pada pasar aktif. Short-term investments are carried at fair value
using the quoted prices published in the active market.
3. Penyertaan saham pada perusahaan Asosiasi
3. Investment in shares of stock in Associated companies
Penyertaan dalam saham biasa yang tidak memiliki kuotasi pasar dengan kepemilikan saham di bawah
20,00 dicatat pada biaya perolehan karena nilai wajarnya tidak dapat diukur secara handal.
Investments in other unquoted ordinary shares representing equity ownership interest of below
20.00 are carried at cost as their fair values cannot be reliably measured.
4. Utang bank jangka pendek, utang usaha, utang
lain-lain, biaya masih harus dibayar dan uang muka pelanggan disajikan sebagai liabilitas jangka
pendek. 4.
Short-term bank loan, trade payable, other payable, accrued expense and advances from
customer are presented as current liabilities.
Seluruh liabilitas keuangan tersebut merupakan liabilitas keuangan jangka pendek yang akan jatuh
tempo dalam waktu 12 bulan sehingga nilai tercatat liabilitas keuangan tersebut kurang lebih telah
mencerminkan nilai wajarnya. All these financial liabilities are short-term financial
liabilities which is due within 12 months, thus the carrying
value of
the financial
liabilities approximate their fair value.
5. Utang bank dan lembaga keuangan jangka panjang
5. Long-term bank loan and financial institution
Nilai wajar pinjaman jangka mendekati nilai tercatat karena tingkat suku bunganya dinilai ulang secara
berkala. Fair value of long-term debts approximate their
carrying amounts largely due to their frequently repriced interest rate.
6. Utang obligasi
6. Bonds payable
Nilai wajar utang obligasi ditentukan dengan mendiskontokan arus kas masa datang yang
disesuaikan untuk mencerminkan risiko kredit Entitas Induk menggunakan suku bunga pasar
terkini untuk instrumen serupa. Fair value of bonds payable are determined based
on discounted future cash flows adjusted to reflect the Company’s credit risk using current market
rates for similar instruments.