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PT MITRABAHTERA SEGARA SEJATI Tbk | LAPORAN TAHUNAN | 2015 | ANNUAL REPORTS LAPORAN TAHUNAN | 2015 | ANNUAL REPORTS | PT MITRABAHTERA SEGARA SEJATI Tbk
Manajemen Risiko
Penjelasan Sistem Manajemen Risiko
Menyadari bahwa kinerja operasional dan keuangan Perusahaan rentan terhadap berbagai risiko, maka MBSS
melaksanakan prakik manajemen risiko yang hai-hai untuk menjamin pertumbuhan yang berkesinambungan.
Risiko yang Dihadapi
Risiko-risiko yang dihadapi Perusahaan antara lain: • Pemutusan kontrak atau idak diperpanjangnya
kontrak yang berakhir • Kenaikan harga minyak dan biaya operasional lainnya
• Ketergantungan pada industri batubara dalam negeri
• Penundaan perbaikan armada yang ada • Kompeisi bisnis
• Kecelakaan •
Gangguan cuaca • Gangguan stabilitas sosial-poliik dalam negeri
• Pengaruh perkembangan perekonomian makro global
• Kenaikan ingkat suku bunga pinjaman •
Fluktuasi nilai tukar valuta asing • Perubahan peraturan perundang-undangan
Evaluasi atas Efekivitas Sistem Manajemen Risiko
Evaluasi terhadap efekivitas sistem manajemen risiko MBSS dilakukan secara berkala oleh Komite Risiko
Investasi, dengan memperimbangkan masukan dari Komite Audit dan Unit Internal Audit.
Upaya Mengelola Risiko
MBSS melaksanakan sejumlah indakan untuk mengelola risiko yang dihadapi, antara lain:
a. Manajemen risiko investasi
MBSS mengelola manajemen risiko investasi untuk memasikan investasi yang dilakukan MBSS dapat
menyokong operasi dan memaksimalkan keuntungan bagi pemegang saham dengan keseimbangan yang
opimal antara hutang dan ekuitas. Manajemen secara berkala melakukan peninjauan
atas risiko investasi dan yang terkait sebagai berikut:
• Risiko operasional
Kemungkinan MBSS idak dapat memberikan layanan kepada pelanggan karena hambatan
operasional seperi:
keidaksiapan kapal,
gangguan cuaca, gangguan dari masyarakat dan penghenian operasional karena kecelakaan.
• Risiko inansial
MBSS menghadapi kemungkinan kesulitan penagihan piutang dari pelanggan, memenuhi
kewajiban keuangan terhadap pihak luar, terpapar pada volailitas nilai tukar dan suku bunga.
Risk Management
Risk Management System Descripion
Recognizing that its operaional and inancial performance and growth are suscepible to various risks, MBSS has
insituted prudent risk management pracices to ensure sustainable growth.
Risks Faced by the Company
Among the risks that the Company faces are: • Terminaion of contract or expiring contracts not
renewed • Increase in fuel prices and other operaional costs
• Dependence on domesic coal industry • Delays in exising leet overhaul
• Business compeiion • Accidents
• Weather interference • Disturbances in domesic socio-poliical stability
• Inluence of global macro-economic developments
• Increases in loan interest rates • Fluctuaions in foreign exchange rates
• Change in regulaions
Evaluaion of Risk Management System Efeciveness
The efeciveness of MBSS’ risk management system is periodically evaluated by the Risk Investment Commitee,
with input from the Audit Commitee and Internal Audit Unit.
Eforts to Manage Risk
MBSS carries out various iniiaives to manage the risks it faces, including:
a. Investment risk management
MBSS undertakes investment risk management to ensure that the investments made by MBSS
can sustain its operaions and maximize return to shareholders with opimal balance between debt and
equity.
The management periodically reviews the investments and related risk as deined as follows:
• Operaional risks
The probability that MBSS would fail to deliver service to customer due to operaional disrupions
such as: unavailable vessels, weather interference, community disturbance, and accident stoppage.
• Financial risks
MBSS faces the probability of diiculies in collecing receivables from customers, fulilling its
inancial liabiliies to external paries, exposed to volaility of exchange rates and interest rate.
• Market risk
The probability of signiicant industry downturn that lead to contract terminaion, global economic
condiion that lead to market volaility such as comodity prices.
• Regulaion risk
The probability of change in government regulaion that may adversely impact the sustainability of
MBSS operaions, changes in tax regime and tarif that could reduce MBSS proitability.
In connecion with miigaing these risks efecively, Management set up policies and guidelines as
follows: • Set up scheduled maintenance programs to
ensure availability of assets, allocated spare vessels to anicipate delays due to unplanned
maintenance, MQSHE implementaion to make sure zero accident and implemented CSR related
with community development programs. • Prudent treasury management by maximizing
natural value protecion to ofset currency risk exposure, and cash management system to make
sure collecions match and payment proile.
• Customer due diligence to increase certainty of receivables collecion.
• Explore new business opportuniies and geographies to diversify the risk in order to
lower the dependence to certain commodity and geography.
• Become a member of associaion to inluence the authority in regards to change of regulaion.
b. Credit Risk Management
