the Indonesian language.
PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
Tanggal 31 Desember 2016 dan Tahun yang Berakhir pada Tanggal Tersebut
Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, kecuali dinyatakan lain
PT KRAKATAU STEEL PERSERO Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2016 and Year Then Ended
Expressed in thousands of US Dollar and in millions of Rupiah, unless otherwise stated
197
37. KOMITMEN DAN PERJANJIAN SIGNIFIKAN lanjutan
37. SIGNIFICANT COMMITMENTS
AND AGREEMENTS continued
KOMITMEN SIGNIFIKAN lanjutan SIGNIFICANT COMMITMENTS continued
2016 2015
Entitas Anak lanjutan The Subsidiaries continued
PT Krakatau Engineering PT Krakatau Engineering
PT Bank Negara Indonesia Persero Tbk PT Bank Negara Indonesia Persero Tbk
US 631
3.253 US
EUR 18.975
820.500 EUR
Rupiah 16.757
32.023 Rupiah
AUD 62.000
129.500 AUD
PT Bank Mandiri Persero Tbk PT Bank Mandiri Persero Tbk
US 1.184
2.273 US
Rupiah 97.502
102.935 Rupiah
EUR 53.025
1.218.988 EUR
PT Bank Rakyat Indonesia Persero Tbk PT Bank Rakyat Indonesia PerseroTbk
Rupiah 13.884
14.670 Rupiah
US -
59 US
Indonesia Eximbank Indonesia Eximbank
Rupiah -
20.259 Rupiah
US -
12 US
PT Krakatau Daya Listrik PT Krakatau Daya Listrik
PT Bank Mandiri Persero Tbk PT Bank Mandiri Persero Tbk
US 11.376
29.593 US
Rupiah 31.303
31.303 Rupiah
Perusahaan The Company
b. Berdasarkan Senior Facilities Agreement antara PT Krakatau Posco “PT KP” dengan The
Export-Import Bank of Korea, Australia and New Zealand Banking Group Limited, PT Bank ANZ
Indonesia, The Bank of Tokyo-Mitsubishi UFJ Ltd., Seoul Branch, The Bank of Tokyo-
Mitsubishi UFJ Ltd., Jakarta Branch, Credit Suisse
AG, HSBC
BANK PLC,
Mizuho Corporate Bank Ltd., Seoul Branch, PT Bank
Mizuho Indonesia, Standard Chartered Bank, Standard
Chartered Bank
Korea Limited,
Sumitomo Mitsui Banking Corporation dan Bank Sumitomo
Mitsui Indonesia
bersama-sama disebut sebagai Pemberi Pinjaman yang telah
ditandatangani pada tanggal 14 Februari 2012, disetujui
bahwa dalam
rangka memenuhi
persyaratan penarikan
pinjaman yang
diperlukan dalam pembiayaan pembangunan pabrik baja terpadu di Cilegon oleh PT KP dan
menjamin kepastian
pembayaran kembali
kewajiban PT KP kepada Pemberi Pinjaman; Perusahaan diwajibkan untuk turut memberikan
jaminan berupa jaminan perusahaan Sponsor Guarantee sebesar 30 sesuai persentase
kepemilikan Perusahaan pada PT KP dari total kewajiban PT KP kepada Pemberi Pinjaman.
b. Based on Senior Facilities Agreement between PT Krakatau Posco “PT KP” and The Export-
Import Bank of Korea, Australia and New Zealand Banking Group Limited, PT Bank ANZ
Indonesia, The Bank of Tokyo-Mitsubishi UFJ Ltd., Seoul Branch, The Bank of Tokyo-
Mitsubishi UFJ Ltd., Jakarta Branch, Credit Suisse
AG, HSBC
BANK PLC,
Mizuho Corporate Bank Ltd., Seoul Branch, PT Bank
Mizuho Indonesia, Standard Chartered Bank, Standard
Chartered Bank
Korea Limited,
Sumitomo Mitsui Banking Corporation and Bank Sumitomo Mitsui Indonesia collectively
referred to as Lenders which was signed on February 14, 2012, it was agreed that in order
to meet the withdrawal requirements of loans granted
to finance
the construction
of integrated steel plant in Cilegon by PT KP and
to ensure certainty of PT KP’s repayment obligation to the Lenders, the Company is
required to participate in providing collateral in the form of a company guarantee Sponsor
Guarantee at amount of 30 based on the Company’s ownership interest in PT KP of
PT KP’s total obligation to the Lenders.
PT Krakatau Steel Persero Tbk – Laporan Tahunan 2016
486
the Indonesian language.
PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
Tanggal 31 Desember 2016 dan Tahun yang Berakhir pada Tanggal Tersebut
Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, kecuali dinyatakan lain
PT KRAKATAU STEEL PERSERO Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2016 and Year Then Ended
Expressed in thousands of US Dollar and in millions of Rupiah, unless otherwise stated
198
37. KOMITMEN DAN PERJANJIAN SIGNIFIKAN lanjutan
37. SIGNIFICANT COMMITMENTS
AND AGREEMENTS continued
KOMITMEN SIGNIFIKAN lanjutan SIGNIFICANT COMMITMENTS continued
Perusahaan lanjutan The Company continued
Terkait dengan hal tersebut, pada tanggal 20
Maret 2012,
Perusahaan telah
menandatangani perjanjian untuk memberikan jaminan kepada Pemberi Pinjaman sebesar
US518.700. Jumlah ini adalah 45,4 dari total ekuitas Perusahaan pada tanggal 31 Desember
2012. In this regard, on March 20, 2012 the
Company has signed an agreement to provide guarantees to the Lenders at amount of
US518,700. This amount represents 45.4 of the Company’s total equity at December 31,
2012.
Pada tahun 2013 dan 2014, Perusahaan menambah jaminan atas pinjaman PT KP
sebesar US33.000 dan US27.000. Pada tanggal 31 Desember 2016 dan 2015, total
jaminan adalah sebesar US578.700. In
2013 and
2014, the Company
gave additional
guarantee on
PT KP’s
loan, amounted to US33,000 and US27,000,
respectively. As of December 31, 2016 and 2015,
total guarantee
amounted to
US578,700. c. Berdasarkan
perjanjian pinjaman
tanggal 15 Agustus
2012, Perusahaan
memperoleh fasilitas kredit investasi dari China Development
Bank Corporation “CDB”, PT Bank ICBC Indonesia “ICBC” dan HSBC dengan jumlah
maksimum sebesar
US200.000 untuk
pembiayaan proyek Kompleks Blast Furnace “Sinosure Facility”.
c. Based on
the loan
agreement dated
August 15, 2012, the Company obtained an investment
credit facility
from China
Development Bank
Corporation “CDB”,
PT Bank ICBC Indonesia “ICBC” and HSBC with a maximum amount of US200,000 to
finance Blast
Furnace Complex
project “Sinosure Facility”.
Terkait dengan fasilitas kredit investasi tersebut, Perusahaan telah membayar biaya transaksi
sebesar US21.479, yang dicatat dalam akun “Aset Lain-lain”.
In relation with the above investment credit facility, the Company has paid transaction
costs of US21,479, which were recorded in the “Other Assets” account.
Pada tanggal 21 Juni 2016, fasilitas kredit investasi ini telah dibatalkan. Atas pembatalan
fasilitas tersebut di atas, pada tanggal 13 Juli 2016
Perusahaan telah
menerima pengembalian premi asuransi, yang merupakan
bagian dari biaya transaksi yang telah dibayar sebelumnya, sebesar US17.826. Perusahaan
telah menghapus sisa biaya transaksi tersebut dalam akun beban keuangan pada laba rugi
tahun berjalan. On June 21, 2016, the investment credit facility
was cancelled. Upon cancelation of such facility, on July 13, 2016, the Company has
received the reimbursement
of insurance
premium, which is part of transaction cost that has
been previously
paid, amounted
to US17,826. The Company has written-off the
remaining transaction
cost under
finance expense account in current year profit or loss.
PT Krakatau Steel Persero Tbk – 2016 Annual Report
487
