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
119
41. LITIGATIONS continued
g. The Company Defendant-I and PT Persada Graha Permai Defendant-II, also other Defendants vs. R. Bey Ubaydillah Plaintiff concerning a claim over approximately 50,495 sqm of land located
in Pegangsaan Dua. On January 30, 2013, the East Jakarta District Court refused the claim. Since the Plaintiff has not filed an appeal to the Jakarta High Court, the East Jakarta District Court’s
decision has permanent legal force.
h. MLHR Defendant and CDA Defendant intervention vs. PT Citraputra Lestari Plaintiff concerning legality of the MLHR’s decision about the changes in the articles of association of CDA
and the receipt of report on the changes. On December 20, 2010, the Jakarta State Administrative Court decided to refuse the Plaintiff’s claim. On December 30, 2010, the Plaintiff filed an appeal to
the Jakarta High State Administrative Court. On September 14, 2011, the Jakarta High State Administrative Court decided to affirm the Jakarta State Administrative Court’s decision. On
November 23, 2011, the Plaintiff filed an appeal to the Supreme Court. On August 8, 2012, the Supreme Court refused the Plaintiff’s claim.
i. The Company Defendant vs Livia Lydia Lai and Kwee Ming Huei Plaintiffs in relation to a sale
and purchase of land and building located at Kelapa Gading. On January 23, 2013, the North Jakarta District Court refused the claim. Since the Plaintiff has not filed an appeal to the Jakarta
High Court, the North Jakarta Court’s decision has permanent legal force.
j. The Company Defendant vs HaryatiTati dkk Plaintiff in relation to a land located at Kelapa
Gading. On March 20, 2013, the East Jakarta District Court refused the Plaintiff’s claim. Since the Plaintiff has not filed an appeal to the Jakarta High Court, the East Jakarta Court’s decision has
permanent legal force.
k. The Company Defendant vs Faisol Djausal Plaintiff in relation to a claim over approximately 17,000 sqm of land located at Kelapa Gading. On March 21, 2013, the North Jakarta District Court
decided to refuse the Plaintiff’s claim because the main subject and object of the case has obtained permanent legal force from the decision of the Court. Since the Plaintiff did not file an
appeal to the Jakarta High Court, the North Jakarta District Court’s decision has permanent legal force.
l. The Company Defendant VII and CDA Defendant VI vs Susanto Arfiana Oen Plaintiff, also
acting as Co-defendants and other Defendants in relation to a claim over approximately 24 hectares of land located in Rawa Terate. On August 9, 2012, the East Jakarta District Court
decided to refuse the Plaintiff’s claim. Since the Plaintiff has not filed an appeal to the Jakarta High Court, the East Jakarta Court’s decision has permanent legal force.
The Company’s management believes that the above litigations will not have a material effect and will not influence the going concern status of the Company and that these can be settled in accordance
with existing laws.
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
120
42. EARNINGS PER SHARE
The details of earnings per share computation are as follows:
Six-Month Periods Ended June 30, Years Ended December 31,
2012 2013
unaudited 2012
2011 2010
Profit for the year attributable to the owners of the Parent Entity
611,585,730 345,994,718
797,814,126 392,019,495
233.477.896 Weighted average number of
shares for calculation of earnings per share
Beginning balance before effect of issuance of
new shares 7,213,390,840
6,873,140,840 6,873,140,840
6,873,140,840 6,436,800,638
Effect of issuance of bonus shares Notes 2x
and 26 7,213,390,840
6,873,140,840 6,943,987,415
6,873,140,840 6,717,707,952
Effect of pre-emptive rights exercised
- -
70,846,575 -
- Effect of warrants exercised
- -
- -
280,907,314
Total 14,426,781,680
13,746,281,680 13,887,974,830
13,746,281,680 13,435,415,904
Earnings per share attributable to owners of the
Parent Entity full amount 42,39
25,17 57,45
28,52 17,38
43.
EVENTS AFTER REPORTING PERIOD
a. On July 15, 2013, the Company paid dividend from the 2012 earnings amounting to Rp310,175,806 Note 29 and distributed bonus shares through capitalization of additional paid-in
capital amounting to Rp721,339,084 Note 26. b. On August 19, 2013, based on amendment of sales and purchase agreements between the
Company and SPD and between the Company and SIP, the Company changed the total acquisition price of SPD and SPD from Rp573,616,989 to become Rp441,765,908, decreasing the
differences in the value from transactions of entities under common control from Rp154,040,677 to become Rp22,189,596 Note 1i. This change has no impact on the consolidated financial
statements.
44. NON-CASH TRANSACTIONS
Supplementary information to the consolidated statements of cash flows relating to non-cash transactions follows:
Six-Month Periods Ended June 30, Years Ended December 31,
2012 2013
unaudited 2012
2011 2010
Acquisitions of fixed assets and investment properties credited to:
Other payables 45,248,562
22,841,074 43,184,476
21,611,405 5,683,770
Long-term debts 7,265,340
2,755,563 7,351,545
11,070,661 7,923,220
Advances 1,052,732
1,069,919 1,069,919
1,468,548 1,446,874
Accrued expenses 130,444,828
53,981,937 82,221
50,984,415 -
Reclassification of fixed assets to: Investment properties
- 38,160,598
38,160,598 210,204,460
66,242,188 Inventories
- -
- 483,696
16,227,366
