Non-Current Liabilities Non-current liabilities are recorded at Rp1,326.15

K ila s K in er ja 2 1 4 F la sh b a ck Per for m a n ce 2 1 4 An al isi s d an Pe mb ah asan M an aj e me n M an age me n t Di sc u ss ion an d A n al ys is La p or a n M a n a jem en M an age me n t R ep ort Pr oi l Per usa ha an Comp an y Proi le Tin ja ua n Un it Pen du ku ng Su p p ori tn B u ss in es s R ev ie w Ta ta K elola Per usa ha an G ood Corp orat e G ov ern an ce Ta ng gu ng Ja w ab S osia l Per usa ha an Corp orat e Soc ial R es p on si b il it y 181 Annual Report 2014 | PT HUTAMA KARYA Persero muka kontrak jangka panjang pada 2014 tercatat sebesar Rp563,2 miliar, naik 18,78 dibandingkan pada 2013 sebesar Rp474,15 miliar. • Liabilitas Imbalan Kerja Manfaat Karyawan Perseroan pada 31 Desember 2014 dan 2013 masing-masing sebesar Rp10.000.200.713 dan Rp9.482.087.292 bagi karyawan yang memasuki usia pensiun normal, pensiun dipercepat, meninggal dunia atau cacat tetap yang jumlahnya disesuaikan dengan masa kerja dan pangkat karyawan sesuai dengan Surat Keputusan Direksi Perseroan No.1160 KPTS602000 tanggal 7 Juli 2000. Pada 2014, liabilitas imbalan kerja tercatat sebesar Rp10,21 miliar, naik 5,80 dibandingkan pada 2013 sebesar Rp9,65 miliar. Kenaikan ini merupakan komitmen Perseroan terhadap karyawannya yang telah bekerja keras penuh dedikasi dalam memajukan Perseroan.

C. jumlah Ekuitas Pada tanggal 19 Juli 2012 telah dilakukan RUPS Luar

Biasa dengan agenda Peningkatan Modal Dasar, Penambahan Modal Disetor dan Perubahan Anggaran Dasar Perusahaan Perseroan PT Hutama Karya Persero, dimana modal dasar dari Rp800 miliar ditingkatkan menjadi Rp2 triliun, serta penambahan modal disetor sebesar Rp300 miliar yang berasal dari sebagian cadangan laba Perseroan sehingga modal disetor berubah dari semula Rp200 miliar menjadi Rp500 miliar. Perubahan Anngaran Dasar ini telah dibuat Akta no 4 pada tanggal 2 Agustus 2012 oleh Notaris Sri Ismiyati SH berdasarkan Risalah Rapat no RIS-278MBUS2012. Pada tahun 2014, ekuitas Perseroan adalah sebesar Rp990,89 miliar, naik 16,10 dari ekuitas tahun 2013 sebesar Rp853,45 miliar. Kenaikan ini disebabkan karena adanya penambahan modal disetor yang berasal dari sebagian cadangan laba Perseroan. 2014 was Rp563.2 billion, an increase of 18.78 compared with 2013, which was Rp474.15 billion. • Liabilities for Employment Beneit The employee beneits as of 31 December 2014 and 2013 were Rp10.000.200.713 and Rp9.482.087.292 respectively for the employees entering normal pension age, early pension, dead, or disable, the amount of which was commensurate with service period and rank of each employee as speciied in the decree of the Board of Directors No.1160KP TS602000 dated 7 July 2000. In 2014, liabilities for employment beneits was Rp10.21 billion, an increase of 5.80 compared with 2013, which was Rp9.65 billion. This increase demonstrated the Company’s commitment to its employees for their hard work and dedication in developing the Company.

C. Total Equity The Company held Extraordinary General Meeting

of Shareholders on July 19, 2012, with the following agenda: Authorized Capital Increase, Additional Paid- Up Capital and changes of Articles of Association of PT Hutama Karya Persero. The authorized capital increased from Rp800 billion to Rp2 trillion, while the addition for paid-up capital was Rp300 billion from proit reserves, thus increasing from Rp200 billion to Rp500 billion. The changes of Articles of Association was stated in Deed no.4 on August 2, 2012, by Notary Sri Ismiyati, SH, pursuant to Meeting Minutes no. RIS- 278MBUS2012. In 2014, Company’s equity amounted to Rp990.89 billion, up by 16.10 from equity in 2013 at Rp853.45 billion. This increase is caused by the additional paid-in capital that Is originated from some of the Company’s reserved proit. 182 PT HUTAMA KARYA Persero | Laporan Tahunan 2014 Laporan Arus Kas 1. Arus Kas dari Aktivitas Operasi Pada tahun 2014 Perseroan mencatat beberapa luktuasi pada arus kas Perseroan, diantaranya pada arus kas dari aktivitas operasi tercatat sebesar Rp181,96 miliar, turun 98 dibanding arus kas dari aktivitas operasi tahun 2013 sebesar Rp185,81 miliar. Hal itu disebabkan oleh meningkatnya kas yang dihasilkan dari pembayaran bunga dan pajak.

2. Arus Kas dari Aktivitas investasi

Arus kas dari aktivitas investasi juga mengalami kenaikan sebesar 244,99 menjadi Rp184,79 miliar dibanding arus kas dari aktivitas investasi tahun 2013 sebesar Rp53,56 miliar. Peningkatan itu disebabkan oleh adanya penambahan penyertaan ventura bersama.

3. Arus Kas dari Aktivitas Pendanaan

Arus kas dari aktivitas pendanaan mengalami penurunan sebesar 66,78 menjadi Rp91,61 miliar dibanding arus kas dari aktivitas pendanaan tahun 2013 sebesar Rp275,77 miliar. Hal itu disebabkan karena pada tahun 2014 tidak melakukan penerbitan obligasi atau surat utang.

4. Kas dan setara Kas Hingga akhir tahun 2014 telah terjadi penurunan kas

dan setara kas sebesar 21,19 menjadi Rp630,31 miliar dari jumlah kas dan setara kas awal tahun. Tingkat kesehatan perusahaan dihitung berdasarkan KEPMENBUMN No. KEP-100MBU2002 tanggal 04 Juni 2002 dan masuk dalam kategori ”SEHAT AA” dengan total skor 80,50 poin di bawah target tahun 2014 sebesar 83,50 poin. Cash Flow statement 1. Cash Flow from Operating Activity In 2014, the Company recorded several luctuations on Company’s cash low, among others on cash low from operating activities which was recorded at Rp181,95 billion, down by 98 compared to cash low from operating activities on 2013 at Rp185.81 billion. This is caused by the increase of cash that is generated from rates and taxes payment.

2. Cash Flow from investing Activity Cash low from investment activities also increased

by 244.99 to Rp184.79 billion compared to cash low from investing activities in 2013 at Rp53.56 billion. This increase is caused by the additional investment in joint ventures.

3. Cash Flow from Financing Activity Cash low from funding activities decreased by 66.78

to Rp91.61 billion compared to cash low from inancing activities on 2013 at Rp275.77 billion. This because in 2014 there is no issuance of obligations or securities.

4. Cash and Cash Equivalent Until the end of 2014 there has been a decline in

cash and cash equivalent amounted to Rp21.19 to Rp630.31 billion from total cash and cash equivalent in the beginning of the year. APPRAisAL OF THE COMPANY’s sOUND PERFORMANCE The Company’s sound performance is calculated based on Minister of State-Owned Enterprises’ Decision No. KEP-100MBU2002 dated June 4, 2002 and included in the category of “Sound AA” with total score of 80.50, below the target of 2014 at 83.50 point. K ila s K in er ja 2 1 4 F la sh b a ck Per for m a n ce 2 1 4 An al isi s d an Pe mb ah asan M an aj e me n M an age me n t Di sc u ss ion an d A n al ys is La p or a n M a n a jem en M an age me n t R ep ort Pr oi l Per usa ha an Comp an y Proi le Tin ja ua n Un it Pen du ku ng Su p p ori tn B u ss in es s R ev ie w Ta ta K elola Per usa ha an G ood Corp orat e G ov ern an ce Ta ng gu ng Ja w ab S osia l Per usa ha an Corp orat e Soc ial R es p on si b il it y 183 Annual Report 2014 | PT HUTAMA KARYA Persero No URAiAN DEsCRiPTiON RUMUs FORMULA REALisAsi TAHUN 2013 REALiZATiON 2013 TAHUN 2014 RKAP RKAP 2014 REALisAsi TAHUN 2014 REALiZATiON 2014 BOBOT WEiGHT NiLAi VALUE BOBOT WEiGHT NiLAi VALUE BOBOT WEiGHT NiLAi VALUE

A. AsPEK KEUANGAN

1. Return On Equity ROE Laba setelah Pajak Modal sendiri Proit after Tax of Equity Capital 17,60 20,0 25,44 20,0 17,10 20,0 2. Return On Invesment ROI EBIT+Penyusutan Capital Employeed EBIT + Depreciation of Capital Employeed 6,66 5,0 10,08 7,0 8,13 6,0 3. Cash Ratio CR Kas+bank+SBJP Current Liability Cash + Bank + SBJP Current Liability 21,04 3,0 25,24 3,0 17,15 3,0 4. Ratio Lancar RL Current Ratio RL Current Asset Current Liability 140,46 5,0 140,22 5,0 143,35 5,0 5. Collection Period CP Total Piutang Usaha x 365 Total Pendapatan Usaha Total Business Receivables X 365 Total Revenues 83 Hari Days 4,5 77 Hari 4,5 77 Hari 4,5 6. Ratio Perputaran Persediaan PP Inventory Turnover Ratio PP Total Persediaan x 365 Total Pendapatan Usaha Total Supply X 365 Total Revenues 39 Hari Days 5,0 26 Hari 5,0 56 Hari 5,0 7. Perputaran Total Asset TATO Total Assets Turnover Total Pendapatan Capital Employed Total Revenue of Capital Employed 96,08 4,0 121,90 5,0 100,64 4,0 8. Ratio Modal sendiri terhadap Total Asset RMSTA Total Assets to Total Equity Ratio Total Modal Sendiri Total Asset Total Equity Capital Total Asset 12,49 6,0 14,87 5,0 14,47 6,0 TOTAL NiLAi TOTAL VALUE A 52,50 54,5 53,50 B. AsPEK OPERAsiONAL OPERATiONAL AsPECT 1. Kualitas Sumber Daya Manusia SDM Human Resources Quality SDM 159,16 5,0 80 5,0 232,92 5,0 2. Perencanaan dan Pengendalian Pemasaran Planning and Control Marketing 99,37 5,0 80 5,0 76,27 5,0 3. Kepercayaan dan Kepuasan Pelanggan Customer Trust and Satisfaction 100,00 5,0 92 5,0 92,00 5,0 TOTAL NiLAi B 15,00 15,0 15,00

C. ASPEK ADMINISTRASI ADMINISTRATIVE ASPECT

1. Laporan Tahunan Annual Report 4 bulan months 3,0 4 bulan months 3,0 4 bulan months 3,0 2. Rencana Kerja Anggaran Perusahaan RKAP Company’s Work Plan Budget RKAP 2 bulan months 3,0 2 bulan months 3,0 2 bulan months 3,0 3. Laporan Triwulanan Quarterly Report = 0 hari days 3,0 = 30 hari days 2,0 = 0 hari days 3,0 4. Efektivitas Penyaluran Dana PKBL Efectiveness of PKBL Fund Distribution 0,00 3,0 85,00 3,0 13,43 - 5. Tingkat Kolektibilitas Pengembalian Dana PKBL Refund Collectability Level 42,10 2,0 70,00 3,0 71,67 3,0 TOTAL NILAI C TOTAL VALUE C 14,0 14,0 12,0 jUMLAH NiLAi A+B+C TOTAL VALUE A+B+C 81,50 83,5 80,50 KATEGORI TINGKAT KESEHATAN SOUNDNESS LEVEL CATEGORY sEHAT AA sOUND AA sEHAT -AA sOUND -AA sEHAT AA sOUND AA