Segment Information Financial Statement 2012
PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements
December 31, 2012 and 2011 and January 1, 2011December 31, 2010 and For the Years then Ended December 31, 2012 and 2011
Figures are Presented in Millions of Rupiah, unless Otherwise Stated
- 131 -
Liquidity Risk Liquidity risk is a risk arising when the cash flow position of the Group is not enough to cover the
liabilities which become due.
In the management of liquidity risk, management monitors and maintains a level of cash and cash equivalents deemed adequate to finance the Group’ operations and to mitigate the effects
of fluctuation in cash flows. Management also regularly evaluates the projected and actual cash flows, including loan maturity profiles, and continuously assess conditions in the financial
markets for opportunities to obtain optimal funding sources.
The table below analyzes the Group’s financial liabilities into relevant maturity groupings based on the remaining period to the contractual maturity date. The amounts disclosed in the table are
the contractual undiscounted cash flow:
1 year 2 year
Transaction 1 year
to 2 year to 5 year
5 year Total
cost Total
Liabilities Deposits and deposits from other banks
12,569,719 -
- -
12,569,719 -
12,569,719 Medium term notes
- -
1,000,000 -
1,000,000 3,116
996,884 Loans received
999,376 2,142
- -
1,001,518 1,899
999,619 Securities agent payables
141,222 -
- -
141,222 -
141,222 Accrued expense
75,920 -
- -
75,920 -
75,920 Other liabilities
272,492 -
- -
272,492 -
272,492 Total liabilities
14,058,729 2,142
1,000,000 -
15,060,871 5,015
15,055,856 December 31, 2012
1 year 2 year
Transaction 1 year
to 2 year to 5 year
5 year Total
cost Total
Liabilities Deposits and deposits from other banks
14,632,913 -
- -
14,632,913 -
14,632,913 Medium term notes
39,125 -
- -
39,125 -
39,125 Loans received
923,439 7,159
2,142 -
932,740 1,836
930,904 Securities agent payables
93,740 -
- -
93,740 -
93,740 Accrued expense
69,620 -
- -
69,620 -
69,620 Other liabilities
119,884 -
- -
119,884 -
119,884 Total liabilities
15,878,721 7,159
2,142 -
15,888,022 1,836
15,886,186 December 31, 2011
1 year 2 year
Transaction 1 year
to 2 year to 5 year
Total cost
Total Total
Liabilities Deposits and deposits from other banks
10,006,578 -
- -
10,006,578 -
10,006,578 Medium term notes
32,069 -
- -
32,069 -
32,069 Loans received
505,526 6,714
733 -
512,973 708
512,265 Securities agent payables
417,590 -
- -
417,590 -
417,590 Accrued expenses
43,868 -
- -
43,868 -
43,868 Other liabilities
324,431 -
- -
324,431 -
324,431 Total liabilities
11,330,062 6,714
733 -
11,337,509 708
11,336,801 January 1, 2011December 31, 2010