PT. CHANDRA ASRI PETROCHEMI CAL Tbk DAN ENTI TAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLI DASI AN 31 DESEMBER 2016 DAN 2015 DAN UNTUK TAHUN-TAHUN
YANG BERAKHI R PADA TANGGAL TERSEBUT Lanjutan PT. CHANDRA ASRI PETROCHEMI CAL Tbk
AND I TS SUBSI DI ARI ES NOTES TO CONSOLI DATED FI NANCI AL STATEMENTS
DECEMBER 31, 2016 AND 2015 AND FOR THE YEARS THEN ENDED Continued
- 25 - Beban
pem elihar aan dan
per baik an dibebank an pada laba r ugi pada saat
t er j adiny a. Biay a- biay a lain y ang t er j adi selanj ut ny a y ang t im bul unt uk m enam bah,
m enggant i at au m em per baik i aset t et ap dicat at sebagai biay a per olehan aset j ik a
dan hany a j ik a besar k em ungk inan m anfaat ek onom is di m asa depan ber k enaan dengan
aset t er sebut ak an m engalir k e ent it as dan biay a per olehan aset dapat diuk ur secar a
andal. The cost of m aint enance and r epair s is
char ged t o pr ofit or loss as incur r ed. Ot her cost s incur r ed subsequent ly t o add t o, r eplace
par t of, or ser v ice an it em of pr oper t y , plant and equipm ent , ar e r ecognized as asset if, and
only if it is pr obable t hat fut ur e econom ic benefit s associat ed w it h t he it em w ill flow t o
t he ent it y and t he cost of t he it em can be m easur ed r eliably .
Biay a ber k ala unt uk ov er haul m esin y ang dik apit alisasi
diam or t isasi dengan
m enggunak an gar is lur us selam a per iode ber lak u sam pai ov er haul ber ik ut ny a.
Capit alized cost of m aj or per iodical ov er hauls of m achiner y is am or t ized using t he st r aight
line m et hod ov er t he per iod t o t he nex t ov er haul.
Aset t et ap y ang dihent ik an pengak uanny a at au
y ang dij ual
nilai t er cat at ny a
dik eluar k an dar i k elom pok aset t et ap. Keunt ungan at au k er ugian dar i penj ualan
aset t et ap t er sebut dibuk uk an dalam laba r ugi.
When asset s ar e r et ir ed or ot her w ise disposed of, t heir car r y ing am ount s ar e r em ov ed fr om
t he account s and any r esult ing gain or loss is r eflect ed in pr ofit or loss.
Aset dalam
peny elesaian diny at ak an
sebesar biay a per olehan. Biay a per olehan t er sebut t er m asuk biay a pinj am an y ang
t er j adi selam a m asa pem bangunan y ang t im bul dar i ut ang y ang digunak an unt uk
pem bangunan aset t er sebut . Ak um ulasi
biay a per olehan
ak an dipindahk an
k e m asing- m asing
aset t et ap
y ang ber sangk ut an pada saat selesai dan siap
digunak an. Const r uct ion in pr ogr ess is st at ed at cost
w hich includes
bor r ow ing cost s
dur ing const r uct ion on debt s incur r ed t o finance t he
const r uct ion. Const r uct ion
in pr ogr ess
is t r ansfer r ed t o t he r espect iv e pr oper t y , plant
and equipm ent account w hen com plet ed and r eady for use.
Nilai sebuah aset t er m asuk est im asi aw al biay a pem bongk ar an, pem indahan aset
t et ap dan r est or asi lok asi aset . Liabilit as y ang t im bul at as est im asi t er sebut dicat at
sebagai “ Est im asi biay a pem bongk ar an aset t et ap” .
Kew aj iban unt uk
biay a y ang
diper hit ungk an diak ui dan diuk ur sesuai
dengan Cat at an 3p. The cost of an asset includes t he init ial
est im at e of t he cost of dism ant ling and r em ov ing t he it em and r est or ing t he sit e on
w hich it is locat ed. Liabilit ies r esult ing fr om such
est im at ion w er e
r ecor ded as
“ Decom m issioning Cost ” . The obligat ion for cost s t o be account ed for ar e r ecognized and
m easur ed in accor dance w it h Not e 3p.
o. Pe n u r u n a n N ila i Ase t N on - Ke u a n ga n
o.
I m pa ir m e n t of N on - Fin a n cia l Asse t s
Pada set iap ak hir per iode pelapor an, Gr up m enelaah nilai t er cat at aset non- k euangan
unt uk m enent uk an apak ah t er dapat indik asi bahw a
aset t er sebut t elah m engalam i
penur unan nilai. Jik a t er dapat indik asi t er sebut , j um lah t er pulihk an dar i
aset diest im asi
unt uk m enent uk an
t ingk at k er ugian penur unan nilai j ik a ada . Bila
t idak m em ungk ink an unt uk m engest im asi j um lah
t er pulihk an at as
suat u aset
indiv idual, Gr up
m engest im asi j um lah
t er pulihk an dar i unit penghasil k as at as aset .
At t he end of each r epor t ing per iod, t he Gr oup r ev iew s t he car r y ing am ount of non- financial
asset s t o det er m ine w het her t her e is any indicat ion t hat t hose asset s hav e suffer ed an
im pair m ent loss. I f any such indicat ion ex ist s, t he r ecov er able am ount of t he asset is
est im at ed in or der t o det er m ine t he ex t ent of t he im pair m ent loss if any . Wher e it is not
possible t o est im at e t he r ecov er able am ount of an indiv idual asset , t he Gr oup est im at es t he
r ecov er able am ount of t he cash gener at ing unit t o w hich t he asset belongs.
Est im asi j um lah t er pulihk an adalah nilai t er t inggi ant ar a nilai w aj ar dik ur angi biay a
pelepasan dan nilai pak ai. Dalam m enilai nilai pak ainy a, est im asi ar us k as m asa
depan didisk ont ok an
k e nilai
k ini m enggunak an t ingk at disk ont o sebelum
paj ak y ang
m enggam bar k an penilaian
pasar k ini dar i nilai w ak t u uang dan r isik o spesifik at as aset y ang m ana est im asi ar us
k as m asa depan belum disesuaik an. Est im at ed r ecov er able am ount is t he higher of
fair v alue less cost t o sell and v alue in use. I n assessing v alue in use, t he est im at ed fut ur e
cash flow s ar e discount ed t o t heir pr esent v alue using a pr e- t ax discount r at e t hat
r eflect s cur r ent m ar k et assessm ent s of t he t im e v alue of m oney and t he r isk s specific t o
t he asset for w hich t he est im at es of fut ur e cash flow s hav e not been adj ust ed.
PT. CHANDRA ASRI PETROCHEMI CAL Tbk DAN ENTI TAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLI DASI AN 31 DESEMBER 2016 DAN 2015 DAN UNTUK TAHUN-TAHUN
YANG BERAKHI R PADA TANGGAL TERSEBUT Lanjutan PT. CHANDRA ASRI PETROCHEMI CAL Tbk
AND I TS SUBSI DI ARI ES NOTES TO CONSOLI DATED FI NANCI AL STATEMENTS
DECEMBER 31, 2016 AND 2015 AND FOR THE YEARS THEN ENDED Continued
- 26 - Jik a j um lah t er pulihk an dar i
aset non-
k euangan unit penghasil k as lebih k ecil dar i nilai t er cat at ny a, nilai t er cat at
aset unit penghasil k as dit ur unk an m enj adi
sebesar j um lah
t er pulihk an dan
r ugi penur unan nilai seger a diak ui dalam laba
r ugi. I f t he r ecov er able am ount of t he non - financial
asset cash gener at ing unit is less t han it s car r y ing am ount , t he car r y ing am ount of t he
asset cash gener at ing unit is r educed t o it s r ecov er able am ount and an im pair m ent loss is
r ecognized im m ediat ely against ear nings.
Kebij ak an ak unt ansi unt uk penur unan nilai aset
k euangan dij elask an
dalam Cat at an 3g.
Account ing policy for im pair m ent of financial asset s is discussed in Not e 3g.
p. Pr ov isi
p.
Pr ov ision s
Pr ov isi diak ui
k et ik a Gr up
m em ilik i k ew aj iban
k ini baik
ber sifat huk um
m aupun ber sifat k onst r uk t if sebagai ak ibat per ist iw a m asa lalu, k em ungk inan besar
Gr up dihar usk an m eny elesaik an k ew aj iban dan est im asi y ang andal m engenai j um lah
k ew aj iban t er sebut dapat dibuat . Pr ov isions ar e r ecognized w hen t he Gr oup has
a pr esent obligat ion legal or const r uct iv e as a r esult of a past ev ent , it is pr obable t hat t he
Gr oup w ill be r equir ed t o set t le t he obligat ion, and a r eliable est im at e can be m ade of t he
am ount of t he obligat ion.
Jum lah y ang diak ui sebagai pr ov isi adalah hasil est im asi t er baik pengeluar an y ang
diper luk an unt uk m eny elesaik an k ew aj iban k ini pada ak hir per iode pelapor an, dengan
m em per t im bangk an r isik o
dan k et idak past ian y ang m eliput i k ew aj ibanny a.
Apabila suat u pr ov isi diuk ur m enggunak an ar us
k as y ang
diper k ir ak an unt uk
m eny elesaik an k ew aj iban k ini, m ak a nilai t er cat at ny a adalah nilai k ini dar i ar us k as.
The am ount r ecognized as a pr ov ision is t he best est im at e of t he consider at ion r equir ed t o
set t le t he pr esent obligat ion at t he end of t he r epor t ing per iod, t ak ing int o account t he r isk s
and uncer t aint ies sur r ounding t he obligat ion. Wher e a pr ov ision is m easur ed using t he cash
flow s
est im at ed t o
set t le t he
pr esent obligat ion, it s car r y ing am ount is t he pr esent
v alue of t hose cash flow s. Ket ik a beber apa at au selur uh m anfaat
ek onom i unt uk peny elesaian pr ov isi y ang dihar apk an dapat dipulihk an dar i pihak
k et iga, piut ang diak ui sebagai aset apabila t er dapat
k epast ian bahw a
penggant ian ak an dit er im a dan j um lah piut ang dapat
diuk ur secar a andal. When som e or all of t he econom ic benefit s
r equir ed t o set t le a pr ov ision ar e ex pect ed t o be r ecov er ed fr om a t hir d par t y , a r eceiv able
is r ecognized as an asset if it is v ir t ually cer t ain t hat r eim bur sem ent w ill be r eceiv ed
and t he am ount of t he r eceiv able can be m easur ed r eliably .
q. Bia y a pin j a m a n
q.
Bor r ow in g Cost s
Biay a pinj am an y ang dapat diat r ibusik an secar a
langsung dengan
per olehan, k onst r uk si
at au pem buat an
aset k ualifik asian,
m er upak an aset
y ang m em but uhk an w ak t u y ang cuk up lam a agar
siap unt uk
digunak an at au
dij ual, dit am bahk an pada biay a per olehan aset
t er sebut , sam pai dengan saat selesainy a aset
secar a subst ansial
siap unt uk
digunak an at au dij ual. Bor r ow ing cost s dir ect ly at t r ibut able t o t he
acquisit ion, const r uct ion or pr oduct ion of qualify ing asset s, w hich ar e asset s t hat
necessar ily t ak e a subst ant ial per iod of t im e t o get r eady for t heir int ended use or sale, ar e
added t o t he cost of t hose asset s, unt il such t im e as t he asset s ar e subst ant ially r eady for
t heir int ended use or sale.
Penghasilan inv est asi
diper oleh at as
inv est asi sem ent ar a dar i pinj am an y ang secar a spesifik belum digunak an unt uk
pengeluar an aset k ualifik asian dik ur angi
dar i biay a pinj am an y ang dik apit alisasi. I nv est m ent incom e ear ned on t he t em por ar y
inv est m ent of specific bor r ow ings pending t heir ex pendit ur e on qualify ing asset s is
deduct ed fr om t he bor r ow ing cost s eligible for capit alizat ion.
Sem ua biay a pinj am an lainny a diak ui dalam laba r ugi pada per iode t er j adiny a.
All ot her bor r ow ing cost s ar e r ecognized in pr ofit or loss in t he per iod in w hich t hey ar e
incur r ed.
r . Pe n ga k u a n Pe n da pa t a n da n Be ba n
r.
Re v e n u e a n d Ex pe n se Re cogn it ion
Pendapat an diuk ur dengan nilai w aj ar im balan y ang dit er im a at au dapat dit er im a.
Pendapat an dik ur angi
dengan est im asi
r et ur pelanggan, r abat dan cadangan lain y ang ser upa.
Rev enue is m easur ed at t he fair v alue of t he consider at ion r eceiv ed or r eceiv able. Rev enue
is r educed for est im at ed cust om er r et ur ns, r ebat es and ot her sim ilar allow ances.
PT. CHANDRA ASRI PETROCHEMI CAL Tbk DAN ENTI TAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLI DASI AN 31 DESEMBER 2016 DAN 2015 DAN UNTUK TAHUN-TAHUN
YANG BERAKHI R PADA TANGGAL TERSEBUT Lanjutan PT. CHANDRA ASRI PETROCHEMI CAL Tbk
AND I TS SUBSI DI ARI ES NOTES TO CONSOLI DATED FI NANCI AL STATEMENTS
DECEMBER 31, 2016 AND 2015 AND FOR THE YEARS THEN ENDED Continued
- 27 - Penj ualan bar ang
Pendapat an dar i penj ualan bar ang har us diak ui bila selur uh k ondisi ber ik ut dipenuhi:
Sale of goods Rev enue fr om sale of goods is r ecognized
w hen all of t he follow ing condit ions ar e sat isfied:
• Gr up t elah m em indahk an r isik o dan
m anfaat secar a signifik an k epem ilik an bar ang k epada pem beli;
• The Gr oup has t r ansfer r ed t o t he buy er
t he significant r isk s and r ew ar ds of ow ner ship of t he goods;
• Gr up
t idak lagi
m elanj ut k an pengelolaan y ang biasany a t er k ait
dengan k epem ilik an
at as bar ang
at aupun m elak uk an
pengendalian efek t if at as bar ang y ang dij ual;
• The Gr oup r et ains neit her cont inuing
m anager ial inv olv em ent t o t he degr ee usually associat ed w it h ow ner ship nor
effect iv e cont r ol ov er t he goods sold;
• Jum lah
pendapat an dapat
diuk ur dengan andal;
• The am ount of r ev enue can be m easur ed
r eliably ; •
Kem ungk inan besar m anfaat ek onom i y ang t er k ait dengan t r ansak si ak an
m engalir k epada Gr up t er sebut ; dan •
I t is pr obable t hat t he econom ic benefit s associat ed w it h t he t r ansact ion w ill flow
t o t he Gr oup; and •
Biay a y ang t er j adi at au ak an t er j adi sehubungan
t r ansak si penj ualan
t er sebut dapat diuk ur dengan andal. •
The cost incur r ed or t o be incur r ed in r espect
of t he
t r ansact ion can
be m easur ed r eliably .
Pendapat an sew a t angk i dan der m aga Pendapat an
sew a t angk i
diak ui k et ik a
sebagai pendapat an dengan dasar gar is lur us selam a m asa sew a.
Tank and j et t y lease r ev enue Tank lease r ev enue is r ecognized on a
st r aight - line basis ov er t he t er m of r elev ant lease.
Pendapat an div iden Pendapat an div iden dar i inv est asi diak ui
k et ik a hak
pem egang saham
unt uk m ener im a pem bay ar an dit et apk an.
Div idend r ev enue Div idend
r ev enue fr om
inv est m ent s is
r ecognized w hen t he shar eholder s’ r ight s t o r eceiv e pay m ent has been est ablished.
Pendapat an bunga Pendapat an
bunga diak r u
ber dasar k an w ak t u t er j adiny a dengan acuan j um lah
pok ok t er hut ang dan t ingk at bunga y ang ber lak u.
I nt er est r ev enue I nt er est r ev enue is accr ued on t im e basis, by
r efer ence t o t he pr incipal out st anding and at t he applicable int er est r at e.
Beban Beban diak ui pada saat t er j adiny a.
Ex penses Ex penses ar e r ecognized w hen incur r ed.
s. I m ba la n Pa sca Ke r j a
s.
Em ploy e e Be n e fit s
Pr ogr am pensiun iur an past i Defined cont r ibut ion pension plan
Gr up m eny elenggar ak an pr ogr am pensiun iur an
past i unt uk
selur uh k ar y aw an
t et apny a. I ur an y ang dit anggung Gr up diak ui sebagai beban pada laba r ugi.
The Gr oup est ablished a defined cont r ibut ion pension plan cov er ing all of t heir per m anent
em ploy ees. Cont r ibut ion funded by t he Gr oup w er e char ged t o pr ofit or loss.
I m balan pasca k er j a im balan past i Defined post - em ploy m ent benefit s
Gr up m eny elenggar ak an pr ogr am pensiun im balan
past i unt uk
sem ua k ar y aw an
t et apny a. Gr up j uga m em buk uk an im balan pasca k er j a im balan past i unt uk k ar y aw an
sesuai dengan
Undang Undang
Ket enagak er j aan No.
13 2003. Gr up
m enghit ung selisih ant ar a im balan y ang dit er im a k ar y aw an ber dasar k an undang-
undang y ang ber lak u dengan m anfaat y ang dit er im a
dar i pr ogr am
pensiun unt uk
pensiun nor m al. The Gr oup est ablished defined benefit pension
plan cov er ing
all t he
local per m anent
em ploy ees. I n
addit ion, t he
Gr oup also
pr ov ides post - em ploy m ent benefit s as r equir ed under Labor Law No. 13 2003 t he “ Labor
Law ” . For nor m al pension schem e, t he Gr oup calculat es and r ecognizes t he higher of t he
benefit s under t he Labor Law and t hose under such pension plan.
PT. CHANDRA ASRI PETROCHEMI CAL Tbk DAN ENTI TAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLI DASI AN 31 DESEMBER 2016 DAN 2015 DAN UNTUK TAHUN-TAHUN
YANG BERAKHI R PADA TANGGAL TERSEBUT Lanjutan PT. CHANDRA ASRI PETROCHEMI CAL Tbk
AND I TS SUBSI DI ARI ES NOTES TO CONSOLI DATED FI NANCI AL STATEMENTS
DECEMBER 31, 2016 AND 2015 AND FOR THE YEARS THEN ENDED Continued
- 28 - Per usahaan
m em buat pendanaan unt uk im balan ini y ang dik elola oleh sebuah
per usahaan asur ansi. Pendanaan t er sebut t idak
m em enuhi sy ar at
sebagai aset
pr ogr am dan diper lak uk an sebagai hak penggant ian.
The Com pany m ade funding of t his benefit t hr ough an inv est m ent fund being m anaged by
an insur ance com pany . Such funding does not qualify as a plan asset how ev er account ed for
as a r eim bur sem ent r ight .
Biay a peny ediaan
im balan dit ent uk an
dengan m enggunak an m et ode
pr oj ect ed unit cr edit dengan penilaian ak t uar ia y ang
dilak uk an pada
set iap ak hir
per iode pelapor an t ahunan. Penguk ur an k em bali,
t er dir i dar i
k eunt ungan dan
k er ugian ak t uar ial, per ubahan dam pak bat as at as
aset j ik a ada dan dar i im bal hasil at as aset pr ogr am t idak t er m asuk bunga , y ang
t er cer m in langsung dalam lapor an posisi k euangan k onsolidasian y ang dibebank an
at au
dik r edit k an dalam
penghasilan k om pr ehensif
lain per iode
t er j adiny a. Penguk ur an
k em bali diak ui
dalam penghasilan k om pr ehensif lain t er cer m in
sebagai pos t er pisah pada penghasilan k om pr ehensif lain di ek uit as dan t idak ak an
dir ek las k e laba r ugi. Biay a j asa lalu diak ui dalam laba r ugi pada per iode am andem en
pr ogr am .
Bunga net o dihit ung dengan m engalik an t ingk at disk ont o pada aw al
per iode im balan past i dengan liabilit as at au aset im balan past i net o.
Biay a im balan past i dik at egor ik an sebagai ber ik ut :
The cost of pr ov iding benefit s is det er m ined using t he pr oj ect ed unit cr edit m et hod, w it h
act uar ial v aluat ions being car r ied out at t he end
of each
annual r epor t ing
per iod. Rem easur em ent , com pr ising act uar ial gains
and losses, t he effect of t he changes t o t he asset ceiling if applicable and t he r et ur n on
plan asset s ex cluding int er est , is r eflect ed im m ediat ely in t he consolidat ed st at em ent s of
financial posit ion w it h a char ge or cr edit r ecognized in ot her com pr ehensiv e incom e in
t he
per iod in
w hich t hey
occur . Rem easur em ent
r ecognized in
ot her com pr ehensiv e incom e is r eflect ed
as a separ at e it em under ot her com pr ehensiv e
incom e in equit y and w ill not be r eclassified t o pr ofit or loss. Past ser v ice cost is r ecognized in
pr ofit or loss in t he per iod of a plan am endm ent . Net int er est is calculat ed by
apply ing t he discount r at e at t he beginning of t he per iod t o t he net defined benefit liabilit y or
asset . Defined benefit cost s ar e cat egor ised as follow s:
• Biay a j asa t er m asuk biay a j asa k ini,
biay a j asa lalu ser t a k eunt ungan dan k er ugian k ur t ailm en dan peny elesaian .
• Ser v ice cost including cur r ent ser v ice
cost , past ser v ice cost , as w ell as gains and
losses on
cur t ailm ent s and
set t lem ent s . •
Beban at au pendapat an bunga net o. •
Net int er est ex pense or incom e. •
Penguk ur an k em bali. •
Rem easur em ent . Gr up m eny aj ik an dua k om ponen per t am a
dar i biay a im balan past i di laba r ugi, Keunt ungan
dan k er ugian
k ur t ailm en dicat at sebagai biay a j asa lalu.
The Gr oup pr esent s t he fir st t w o com ponent s of defined benefit cost s in pr ofit or loss.
Cur t ailm ent gains and losses ar e account ed f or as past ser v ice cost s.
Liabilit as im balan pensiun y ang diak ui pada lapor an
posisi k euangan
k onsolidasian m er upak an defisit at au sur plus ak t ual
dalam pr ogr am im balan past i Gr up. Sur plus y ang
dihasilk an dar i
per hit ungan ini
t er bat as pada nilai k ini m anfaat ek onom ik y ang t er sedia dalam bent uk pengem balian
dana pr ogr am dan pengur angan iur an m asa depan k e pr ogr am .
The r et ir em ent benefit obligat ion r ecognized in t he
consolidat ed st at em ent s
of financial
posit ion r epr esent s t he act ual deficit or sur plus in
t he Gr oup’s defined benefit plans. Any sur plus r esult ing fr om t his calculat ion is lim it ed
t o t he pr esent v alue of any econom ic benefit s av ailable in t he for m of r efunds fr om t he plans
or r educt ions in fut ur e cont r ibut ions t o t he plans.
Gr up m engak ui hak ny a dalam penggant ian ber dasar k an polis asur ansi sebagai aset
t er pisah, y ang
diuk ur sebesar
nilai w aj ar ny a. Dalam lapor an laba r ugi dan
penghasilan k om pr ehensif
lain k onsolidasian,
beban t er k ait
dengan pr ogr am im balan past i dapat disaj ik an
secar a net o set elah dik ur angk an dengan j um lah y ang diak ui dalam penggant ian.
The Gr oup
r ecognizes it s
r ight t o
r eim bur sem ent under t he insur ance policy as a separ at e asset s, w hich is m easur ed at fair
v alue. I n t he consolidat ed st at em ent s of pr ofit or loss and ot her com pr ehensiv e incom e, t he
ex pense r elat ing t o a defined benefit plan is pr esent ed net of t he am ount r ecognized for a
r eim bur sem ent .