PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF JUNE 30, 2013 AND DECEMBER 31, 2012, 2011 AND 2010 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2013 AND 2012 UNAUDITED
AND YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 Expressed in thousands of rupiah, unless otherwise stated
92
22. EMPLOYEE BENEFITS LIABILITIES continued
a. Short-term employee benefits liabilities
December 31, June 30, 2013
2012 2011
2010
Post-employment benefits 3,854,690
4,515,685 1,819,660
2,341,892 Salaries and other allowances
- 345,812
177,953 375,138
Total short-term employee benefits liabilities
3,854,690 4,861,497
1,997,613 2,717,030
b. Long-term employee benefits liabilities
December 31, June 30, 2013
2012 2011
2010
Post-employment benefits 87,870,365
75,018,589 55,580,894
38,968,269
c. Net employee benefits expense
Six-Month Periods Ended June 30,
Years Ended December 31, 2012
2013 unaudited
2012 2011
2010
Current service cost 6,047,838 6,934,690
13,869,380 9,415,056
5,786,413 Interest cost
3,202,546 2,243,641 4,487,283
4,286,853 3,441,266
Amortization of actuarial loss 1,116,082 46,803
93,605 418,490
435,403 Past service cost
3,481,434 3,481,434 6,962,868
6,962,868 101,521
Net employee benefits expense
13,847,900 12,706,568 25,413,136
21,083,267 8,893,797
d. Employee benefits liabilities
Six-Month Period Ended June 30,
Years Ended December 31, 2013
2012 2011
2010
Present value of employee benefit obligation 117,370,178
131,340,705 89,745,652
61,240,755 Unrecognized actuarial gain
16,013,560 38,777,647
12,514,863 13,894,743
Fair value of assets 5,512,411
5,428,197 5,266,781
5,093,572 Unrecognized past service cost
4,119,152 7,600,587
14,563,454 942,279
Employee benefits liabilities 91,725,055
79,534,274 57,400,554
41,310,161
e. The movements in the present value of the employee benefits liabilities are as follows:
Six-Month Period Ended June 30,
Years Ended December 31, 2013
2012 2011
2010
Balance at beginning of periodyear 131,340,705
89,745,652 61,240,755
43,015,828 Interest cost
3,202,546 4,487,283
4,286,853 3,441,266
Current service cost 6,047,838
13,869,380 9,415,056
5,786,413 Additional past service
- -
20,584,043 -
Benefit payments 1,657,120
3,279,415 4,992,874
2,483,112 Actuarial gain loss on
benefits obligation 21,563,791
26,517,805 788,181
11,480,360
Balance at the end of periodyear 117,370,178
131,340,705 89,745,652
61,240,755
PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF JUNE 30, 2013 AND DECEMBER 31, 2012, 2011 AND 2010 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2013 AND 2012 UNAUDITED
AND YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 Expressed in thousands of rupiah, unless otherwise stated
93
22. EMPLOYEE BENEFITS LIABILITIES continued
f. The details of the present value of defined benefits obligation as of June 30, 2013, and as of the end of each of the immediately preceding prior four years as of December 31, 2012, 2011, 2010
and 2009 are as follows:
2013 2012
2011 2010
2009
Present value of the defined benefit liabilities
117,370,178 131,340,705
89,745,652 61,240,755
43,015,828 Adjustments arising from
the liabilities program 2,027,189
7,136,602 5,706,249
2,855,903 2,143,981
g. The change of one percent in the discount rate would affect the following:
Six-Month Periods Ended June 30,
Years Ended December 31, 2012
2013 unaudited
2012 2011
2010 Increase
Present value of the defined benefit liabilities
110,489,233 60,925,795
121,851,590 84,215,581
57,601,427 Current service cost
5,517,958 6,225,824
12,451,648 8,534,144
6,196,862
Decrease
Present value of the defined benefit liabilities
129,350,221 73,208,606
146,417,212 100,195,822
69,940,731 Current service cost
6,668,500 7,773,320
15,546,639 10,442,131
7,737,059
23. DEPOSITS RECEIVED This account consists of:
December 31, June 30, 2013
2012 2011
2010
Downpayments received from the sale of: Related parties Note 34
Landplots 3,442,125
- -
- Shops
2,563,290 15,892,227
14,763,627 -
Houses 2,030,349
- 4,739,232
3,413,206 Apartments
1,494,559 3,208,898
4,179,723 -
Third parties Houses
2,245,950,750 1,577,949,972
1,384,371,886 1,471,750,647
Shops 1,972,987,479
1,530,794,448 662,109,398
333,462,044 Landplots
582,304,509 922,201,925
1,075,132,362 490,276,007
Apartments 384,369,226
494,704,276 178,070,431
537,816 Office
- -
- 16,013,060
Others 4,922,373
5,093,688 5,272,417
5,050,650 Total downpayments received
5,200,064,660 4,549,845,434
3,328,639,076 2,320,503,430
Customer deposits for: Related parties Note 34
Rent 6,635,651
- -
- Third parties
Rent 79,607,011
77,224,920 67,230,805
51,599,348 Membership
5,269,018 7,257,946
7,445,462 6,804,399
Telephone 1,290,243
1,302,478 1,006,186
1,032,348 Others
16,044,082 12,503,415
16,367,779 13,395,679
Total customer deposits 108,846,005
98,288,759 92,050,232
72,831,774 Total deposits received
5,308,910,665 4,648,134,193
3,420,689,308 2,393,335,204
Less current maturities 3,004,050,405
3,589,090,693 2,330,481,704
1,493,421,418
Long-term portion 2,304,860,260
1,059,043,500 1,090,207,604
899,913,786
