8 3q2012 financial report
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
CONTENTS
DAFTAR ISI
Directors’ Statement
Pernyataan Direksi
Ekshibit/
Exhibit
Laporan Posisi Keuangan Konsolidasian
A
Consolidated Statements of Financial Position
Laporan Laba Rugi Komprehensif Konsolidasian
B
Consolidated Statements of Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian
C
Consolidated Statements of Changes in
Shareholders’ Equity
Laporan Arus Kas Konsolidasian
D
Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
E
Notes to the Consolidated Financial Statements
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A
Exhibit A
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
30 Sep/
Sep
2012
31 Des/
Dec
2011
ASSETS
ASET
ASET LANCAR
Kas dan setara kas
Kas yang dibatasi penggunaannya
Investasi
Piutang usaha – Pihak ketiga
Piutang lain-lain – Pihak ketiga
Uang muka penyertaan saham
Pendapatan yang masih harus diterima
Persediaan dan perlengkapan
Uang muka dan beban dibayar
dimuka
Pajak dibayar dimuka
Aset tidak lancar yang dimiliki untuk
dijual
2d,e,f,3
2d,e,f,4,23
2e,8
2e,g,5
2e,g,6
7
2m,9
2s,10
693.781
85.990
1.685
222.034
19.875
302.792
102.086
499.552
113.587
16.870
149.203
9.997
2.900
197.610
33.545
2m,11
2n,19a
103.791
494.288
92.949
70.055
2w,16
1.000
-
CURRENT ASSETS
Cash and cash equivalents
Restricted cash in banks
Investments
Trade receivables – Third parties
Other receivables – Third parties
Advance for investment in shares
Accrued revenue
Inventories and supplies
Advance payments and prepaid
expenses
Prepaid taxes
Non-current asset held
to sale
2.027.322
1.186.268
82.620
13.006
85.793
9.657.406
677.169
540.637
3.049
1.978
152.369
4.836
383.713
4.283.000
677.169
244.127
2.526
1.978
83.173
5.246
NON-CURRENT ASSETS
Deferred tax assets - net
Property and equipment – net of
accumulated depreciation of
Rp 68,801 and Rp 52,892 as of
30 September 2012 and 31
December 2011, respectively
Investment properties- fair value
Goodwill – fair value
Long-term landlease
Refundable deposits
Estimated claims for tax refund
Derivative receivables
Other assets
Jumlah Aset Tidak Lancar
11.205.857
5.693.938
Total Non-Current Assets
JUMLAH ASET
13.233.179
6.880.206
TOTAL ASSETS
Jumlah Aset Lancar
ASET TIDAK LANCAR
Aset pajak tangguhan - bersih
Aset tetap – setelah dikurangi
akumulasi penyusutan sebesar
Rp 68.801 dan Rp 52.892 masingmasing pada 30 September 2012 dan
31 Desember 2011
Properti investasi – nilai wajar
Goodwill – nilai wajar
Sewa lahan jangka panjang
Uang jaminan
Taksiran klaim pajak penghasilan
Tagihan derivatif
Aset lainnya
2n,19d
2h,j,k,t,12,32,33
2i,t,13,28
2q,36
14
15
2n
2e,29
2t,x,36
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Total Current Assets
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A/2
Exhibit A/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
30 Sep/
Sep
2012
31 Des/
Dec
2011
LIABILITIES AND SHAREHOLDER’S
EQUITY
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Utang usaha – Pihak ketiga
Utang lain-lain - Pihak ketiga
Utang pajak
Pendapatan diterima dimuka
Beban yang masih harus dibayar
Pinjaman jangka panjang - bagian yang
jatuh tempo dalam waktu satu tahun
Sewa pembiayaan
Pihak ketiga
2e,17
2e,18
2n,19b
2m,20
21
171.338
12.885
93.006
296.287
666.935
77.204
36.455
68.427
136.388
308.101
2e,k,22
2e,23
2.113
331.103
1.723
241.789
CURRENT LIABILITIES
Trade payables – Third parties
Other payables -Third parties
Taxes payable
Unearned income
Accrued expenses
Long-term loans
Current portion
Finance leases
Third parties
1.573.667
870.087
Total Current Liabilities
Jumlah Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Utang kepada pihak berelasi
Liabilitas pajak tangguhan - bersih
Cadangan imbalan
pasca-kerja
Pinjaman jangka panjang – setelah
dikurangi bagian yang jatuh
tempo dalam satu tahun
Sewa pembiayaan
Pihak ketiga
-
NON-CURRENT LIABILITIES
Due to related parties
Deferred tax liability – net
Provision for post-employment
benefits
Longterm loans – net of
Current portion
416
40.000
416
10.525
10.994
6.487
7.747.057
4.677
3.248.823
Jumlah Liabilitas Jangka Panjang
7.764.485
3.304.910
Total Non-Current Liabilities
Jumlah Liabilitas
9.338.152
4.174.997
Total Liabilities
2c,e,26
2n,19d
2l,34
2e,k,22
2e,23
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Finance leases
Third parties
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A/3
Exhibit A/3
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
30 Sep/
Sep
2012
Catatan/
Notes
31 Des/
Dec
2011
EKUITAS
Modal saham
Pada 30 Sep 2012 dan 31 Des 2011:
Nilai nominal Rp 100 (Rupiah penuh)
per saham. Modal dasar sebanyak
14.420.120.000 saham. Modal
ditempatkan dan disetor penuh:
Pada 30 Sep 2012 dan 31 Des 2011
adalah sebanyak 4.796.526.199 dan
4.556.699.889 saham
Tambahan modal disetor - bersih
Pendapatan komprehensif lainnya
Selisih nilai transaksi
restrukturisasi entitas
sepengendali
Saldo laba
Cadangan wajib
Belum ditentukan penggunaannya
Kepentingan non-pengendali
Jumlah Ekuitas
JUMLAH LIABILITAS DAN EKUITAS
`
24
2v,25
2p,30
(
2c,o,27
(
35
479.653
1.916.959
85.505)
2.008)(
455.670
1.183.858
14.558
2.008)
SHAREHOLDERS’ EQUITY
Share capital
As of 30 Sep 2012 and 31 Dec
2011: Par value of Rp 100
(full amount) per share.
Authorized capital
of 14,420,120,000 shares.
Issued and fully paid-in capital: As
of 30 Sep 2012 and 31 Dec 2011
are 4.796.526.199 and
4,556,699,889 shares
Additional paid-in capital - net
Other comprehensive income
Differences arising from
restructuring transactions
of entities under common control
Retained earnings
Statutory reserves
Unappropriated
20.100
1.344.835
10.100
849.872
3.674.034
2.512.050
220.993
193.159
Non controlling interest
3.895.027
2.705.209
Total Shareholders’ Equity
13.233.179
6.880.206
TOTAL LIABILITIES AND
SHAREHOLDERS’ EQUITY
2b,37
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit B
Exhibit B
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
UNTUK PERIODE 9 (SEMBILAN) BULAN
YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR PERIOD OF 9 (NINE) MONTHS
ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
2012
2011
1.138.098
2m,31
688.998
REVENUE
BEBAN POKOK PENDAPATAN
166.627
2m,32
101.118
COST OF REVENUE
LABA KOTOR
971.471
587.880
GROSS PROFIT
BEBAN USAHA
117.795
84.693
OPERATING EXPENSES
LABA DARI OPERASI
853.676
503.187
INCOME FROM OPERATIONS
PENDAPATAN
PENDAPATAN (BEBAN) LAIN-LAIN
Kenaikan nilai wajar atas
properti investasi
Pendapatan bunga
Laba (rugi) penjualan aset tetap dan
properti investasi
Amortisasi aset lainnya
Laba (rugi) selisih kurs - Bersih
Beban keuangan - Bunga
Beban keuangan - Lainnya
Lainnya - Bersih
Beban Lain-lain – Bersih
65.641
10.160
(
(
(
(
(
(
Manfaat (Beban) Pajak Penghasilan Bersih
387
411
51.148
303.489
41.740
4.605
)
)
)
)
)
2i,13,28
71.288
13.547
2h,12,13
2t,x,36
2d
2e,23
(
(
(
4.096
168.463
18.299
3.777
)
)
)
OTHER INCOME (CHARGES)
Increase of fair value of investment
properties
Interest income
Gain (loss) on sale of property and equipment
and invesment properties
Amortization of other assets
Profit (loss) on foreign exchange - Net
Financial expenses - Interest
Financial expenses - Others
Others - Net
(
109.800 )
Other Charges - Net
316.769 )
(
536.907
LABA SEBELUM PAJAK PENGHASILAN
MANFAAT (BEBAN) PAJAK PENGHASILAN
Kini
Tangguhan
2m,33
)
393.387
51.410 )
69.614
(
50.965 )
-
INCOME TAX BENEFITS (EXPENSES)
Current
Deferred
18.204
(
50.965 )
Net Income Tax Benefits
(Expenses)
2n,19c,d
(
PROFIT BEFORE INCOME TAX
LABA PERIODE BERJALAN
555.111
342.422
PROFIT FOR THE CURRENT PERIOD
Laba yang dapat diatribusikan kepada:
Pemilik entitas induk
Kepentingan non-pengendali
504.963
50.148
321.530
20.892
Profit attributable to:
Equity holder of the parent company
Non controlling interest
Jumlah
555.111
342.422
Total
70,56
BASIC EARNINGS PER SHARE
(in full amount)
LABA BERSIH PER SAHAM DASAR
(dalam jumlah penuh)
109,54
2b,37
2r,38
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit B/2
Exhibit B/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
UNTUK PERIODE 9 (SEMBILAN) BULAN
YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR PERIOD OF 9 (NINE) MONTHS
ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
2012
555.111
LABA PERIODE BERJALAN
PENDAPATAN KOMPREHENSIF LAIN
Selisih transaksi perubahan
ekuitas entitas anak
JUMLAH PENDAPATAN KOMPREHENSIF
TAHUN BERJALAN
Catatan/
Notes
(
122.377 )
432.734
2011
342.422
PROFIT FOR THE CURRENT PERIOD
44.027
OTHER COMPREHENSIVE INCOME
Differences arising from changes
in the subsidiaries’ equity
386.449
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR
Jumlah laba komprehensif yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan non-pengendali
404.900
27.834
361.624
24.825
Total comprehensive income
attributable to :
Equity holders of the parent company
Non controlling interest
Jumlah
432.734
386.449
Total
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued in Indonesian Language
Exhibit C
Ekshibit C
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
PERIOD OF 9 (NINE) MONTHS ENDED 30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
PERIODE 9 (SEMBILAN) BULAN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
Tambahan
modal
disetor bersih/
Additional
paid-in
capital – net
Modal saham/
Share capital
Saldo per
1 Januari 2011
455.670
Penyesuaian saldo
goodwill negatif
-
Biaya emisi saham
-
Cadangan umum
-
Pembagian dividen
tunai
Pendapatan
komprehensif lainnya
Laba komprehensif
tahun berjalan
Saldo per
31 Desember 2011
Pendapatan
komprehensif
lainnya/
Other
comprehensive
income
1.185.098
-
Selisih nilai
transaksi
restrukturisasi
entitas
sepengendali/
Differences
arising from
restructuring
transactions of
entities under
common
control
12.505 (
Saldo laba/retained earnings
Cadangan
Belum
wajib/
ditentukan
Statutory
penggunaannya/
reserves
Unappropriated
2.008)
100
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(
455.670
Catatan 24/
Note 24
1.240 )
1.183.858
Catatan 25/
Note 25
2.053
-
14.558 (
Catatan 30/
Note 30
6.472
-
Catatan 27/
Note 27
2.318.527
Balance as of
1 January 2011
6.472
Adjustment of
negative goodwill
1.240 )
Share issuance cost
(
-
-
General reserves
1.115
3.168
Cash
Dividends
Other comprehensive
income
474.358
17.990
492.348
Comprehensive income
for the year
849.872
193.159
2.705.209
Balance as of
31 December 2011
113.917)(
-
Catatan 35/
Note 35
174.203
10.000)
(
10.100
Jumlah
ekuitas/
Total
shareholders’
equity
492.959
10.000 (
2.008)
Kepentingan
nonpengendali/
Non controlling
interest
149) (
Catatan 37/
Note 37
114.066)
These Consolidated Financial Statements are Originally Issued in Indonesian Language
Ekshibit C/2
Exhibit C/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
PERIOD OF 9 (NINE) MONTHS ENDED 30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
PERIODE 9 (SEMBILAN) BULAN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
Modal saham/
Share capital
Saldo per
1 Januari 2012
Setoran modal
Tambahan
modal
disetor bersih/
Additional
paid-in
capital – net
455.670
1.183.858
23.983
733.101
-
-
-
-
Cadangan umum
-
-
Pendapatan
komprehensif lainnya
-
-
Laba komprehensif
periode berjalan
-
-
Saldo per
30 Sep 2012
Pendapatan
komprehensif
lainnya/
Other
comprehensive
income
Selisih nilai
transaksi
restrukturisasi
entitas
sepengendali/
Differences
arising from
restructuring
transactions of
entities under
common
control
479.653
Catatan 24/
Note 24
14.558 (
(
1.916.959(
Catatan
25,39b2/
Notes 25,39b2
100.063 )
-
85.505 ) (
Catatan 30/
Note 30
Saldo laba/retained earnings
Cadangan
Belum
wajib/
ditentukan
Statutory
penggunaannya/
reserves
Unappropriated
2.008)
10.100
-
-
-
-
2.008 )
Catatan 27/
Note 27
193.159
2.705.209
Balance as of
1 January 2012
757.084
Capital payment
-
10.000 )
-
20.100
Catatan 35/
Note 35
Lihat Catatan atas Laporan Keuangan Konsolidasian pada Ekshibit E terlampir
yang merupakan bagian tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan
Jumlah
ekuitas/
Total
shareholders’
equity
849.872
10.000 (
-
Kepentingan
nonpengendali/
Non controlling
interest
(
22.314 ) (
504.963
50.148
1.344.835
220.993
General reserves
122.377)
Other comprehensive
income
Comprehensive income
555.111 for the current period
3.895.027
Balance as of
30 Sep 2012
Catatan 37/
Note 37
See accompanying Notes to Consolidated Financial Statements on Exhibit E
which are an integral part of the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit D
Exhibit D
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
TAHUN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
YEARS ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
30 Sep/
30 Sep
2012
ARUS KAS DARI AKTIVITAS OPERASI
Penerimaan kas dari pelanggan
Penerimaan jasa giro dan
bunga deposito
Pencairan (penempatan) deposito jaminan
Pembayaran pajak penghasilan
Pembayaran kas ke karyawan
Pembayaran kas ke pemasok
Arus kas bersih yang digunakan untuk
aktivitas investasi
ARUS KAS DARI AKTIVITAS PENDANAAN
Pencairan pinjaman bank
Penerimaan sewa pembiayaan
Biaya penawaran umum perdana saham
Deviden tunai
Pembayaran sewa pembiayaan
Pembayaran hutang kepada pihak ketiga
Pembayaran pinjaman bank
Pembayaran bunga dan biaya pinjaman
608.685
1.121.091
10.160
(
(
(
(
Arus kas bersih diperoleh dari aktivitas operasi
ARUS KAS DARI AKTIVITAS INVESTASI
Hasil penjualan aset tetap
Penempatan deposito berjangka
Akuisisi dan penyertaan saham
Penambahan aset tetap
Pembelian dan sewa atas lahan
Uang muka pembelian menara
Pembayaran pajak pertambahan nilai akusisi menara
Penambahan properti investasi
30 Sep/
30 Sep
2011
(
(
(
(
(
13.547
36
30.725 )
524 )
36.027 ) (
60.968 ) (
157.538) (
52.633 )
103.374 )
876.194
435.536
14.954
40.000)
25.622)
333.899)
385.944)
3.937.768)
(
(
(
(
(
(
(
(
(
Arus kas bersih yang diperoleh dari
(dipergunakan untuk) aktivitas pendanaan
(
(
(
(
(
3.998.717
641.945
2.685
1.242)
113.917 )
1.878)
322.970 )
185.363)
19.260
KENAIKAN (PENURUNAN) BERSIH KAS
166.632 (
KAS PADA AWAL PERIODE
Kas dan setara kas
Kas yang dibatasi pengunaannya
499.552
113.587
1.047.454
52.349
Jumlah
613.139
384.336
SETARA KAS YANG DIBATASI PENGGUNAANNYA
PADA AKHIR PERIODE
KAS DAN SETARA KAS PADA AKHIR PERIODE
(
85.990 ) (
693.781
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Net cash flows provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
222
Cash received on sale of property and equipment
Placement of time deposit
9.173
205.152)
Acquisition and investment in shares
35.370)
Acquisition of property and equipment
92.745)
Purchase and lease of land
Advance of purchaseof towers
39.900)
Payment of value added tax from tower acquisition
806.491)
Addition of investment properties
( 4.708.279 ) ( 1.170.263 )
4.704.865
4.650
2.716 )
16.861)
207.293 )
483.928 )
CASH FLOWS FROM OPERATING ACTIVITIES
Cash received from customers
Interest received from current accounts
and time deposits
Withdrawal (placement) of security deposits
Payment of income tax
Cash paid to employees
Cash paid to supplier
715.467 )
84.469 )
299.867
Net cash flows used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Withdrawal of bank loan
Receipts from finance lease
Payments of third parties loans
Cash devidend
Payment of finance lease
Payment of payable to third parties
Payments of bank loans
Payments of interest and cost of borrowings
Net cash flows provided by
(used in) financing activities
NET INCREASE (DECREASE) OF CASH
CASH AT BEGINNING OF PERIOD
Cash and cash equivalents
Restricted cash in banks
Total
RESTRICTED CASH IN BANKS
AT END OF PERIOD
CASH AND CASH EQUIVALENTS AT END OF PERIOD
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E
Exhibit E
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. GENERAL
1. U M U M
a. The Company’s Establishment
a. Pendirian Perusahaan
PT Tower Bersama Infrastructure Tbk (“Perusahaan”),
berdomisili di Jakarta Selatan, didirikan berdasarkan
Akta No. 14 tanggal 8 Nopember 2004 yang dibuat di
hadapan Notaris Dewi Himijati Tandika, SH, Notaris di
Jakarta, tanggal 8 Nopember 2004 dan telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia Republik
Indonesia dengan Surat Keputusan No. C-28415.
HT.01.01. TH.2004 tanggal 12 Nopember 2004.
Anggaran dasar Perusahaan telah mengalami beberapa
kali perubahan, terakhir berdasarkan Akta Pernyataan
Keputusan
Rapat
Perubahan
Anggaran
Dasar
Perusahaan No.9 tanggal 6 September 2012, dibuat
dihadapan Aryanti Artisari, SH.,MKN., Notaris di
Jakarta, mengenai antara lain penerbitan saham dan
peningkatan modal ditempatkan dan disetor.
PT Tower Bersama Infrastructure Tbk (the
“Company”), domiciled
in South Jakarta, was
established based on the Notarial deed No. 14 dated 8
November 2004 made in presence of Dewi Himijati
Tandika, SH, Notary in Jakarta and was approved by
the Minister of Justice and Human Rights of Republic
of Indonesia in his Decree No. C-28415.HT.01.01.TH.
2004 dated 12 November 2004. The articles of
association have been amended several times, most
recently by the The deed of shareholder’s Resolution
on the Amendments to the Company’s Articles of
Association No.9 dated 6 September 2012, made
before Aryanti Artisari, SH., MKN., Notary in Jakarta,
regarding among others the issuance of shares and the
increasing of issued capital and paid up capital.
Perubahan anggaran dasar tersebut telah dilaporkan
dan diterima oleh Menteri Hukum dan Hak Asasi
Manusia Republik Indonesia sebagaimana tercantum
dalam Surat No. AHU-AH.01.10-37272 tanggal
17.Oktober 2012.
These amendments have been reported and received
by the Minister of Law and Human Rights of Republic
of Indonesia as stated in Letter No. AHU-AH.01.1037272 dated 17 October 2012.
Berdasarkan pasal 3 dari anggaran dasar Perusahaan,
kegiatan usaha Perusahaan, antara lain, menjalankan
usaha dalam bidang jasa penunjang telekomunikasi,
meliputi jasa persewaan dan pengelolaan menara Base
Transceiver Station (BTS), jasa konsultasi bidang
instalasi telekomunikasi, serta melakukan investasi
atau penyertaan pada perusahaan lain.
Based on article 3 of the Company’s articles of
association, the business activities of the Company,
among others, are to carry on the business of
telecommunications support services, including lease
and maintenance of Base Transceiver Station (BTS),
consultation service on telco installation, and
conducting investment or participation to other
companies.
Perusahaan beralamat di Gedung International
Financial Centre, lantai 6 Jl. Jenderal Sudirman
Kavling 22-23, Jakarta 12920.
The Company’s address is at International Financial
Centre Building, 6th floor. Jl. Jenderal Sudirman
Kavling 22-23, Jakarta 12920.
b. Dewan Komisaris,
Karyawan
Direksi,
Komite
Audit
dan
Berdasarkan Akta Pernyataan Keputusan Rapat
Perusahaan No. 126 tanggal 25 April 2012, bapak
Sandiaga Salahudin Uno telah mengundurkan diri
sebagai anggota komisaris Perusahaan. Susunan Dewan
Komisaris dan Direksi Perusahaan pada tanggal
30.September 2012 dan 31 Desember 2011 adalah
sebagai berikut:
30 September 2012
Presiden komisaris
Komisaris
Komisaris Independen
:
:
:
Presiden Direktur
Wakil Presiden Direktur
Direktur
:
:
:
Direktur tidak terafiliasi
:
b.
Boards of Commissioners,
Committee and Employees
Directors,
Audit
Based on the Deed No. 126 regarding The Statement of
The Company’s Shareholders general meeting decision
dated 25 April 2012, Mr. Sandiaga Salahuddin Uno has
resigned as a commissioner of the Company. The
Boards of Commissioners and Directors of the Company
as of 30 September 2012 and 31 December 2011 were
as follows:
Edwin Soeryadjaya
Winato Kartono
Mustofa
Herry Tjahjana
Herman Setya Budi
Hardi Wijaya Liong
Budianto Purwahjo
Helmy Yusman Santoso
Gusandi Sjamsudin
:
:
:
30 September 2012
President Commissioner
Commissioner
Independent Commissioners
:
:
:
President Director
Vice President Director
Directors
:
Unaffiliated Director
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/2
Exhibit E/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1.
1. U M U M (Lanjutan)
b. Dewan Komisaris, Direksi,
Karyawan (Lanjutan)
Komite
Audit
dan
GENERAL (Continued)
b. Boards
of
Commissioners,
Directors,
Commitee and Employees (Continued)
31 Dec 2011
31 Des 2011
Presiden komisaris
Komisaris
:
:
Komisaris Independen
:
Presiden Direktur
Wakil Presiden Direktur
Direktur
:
:
:
Direktur tidak terafiliasi
:
Edwin Soeryadjaya
Sandiaga Salahuddin Uno
Winato Kartono
Mustofa
Herry Tjahjana
Herman Setya Budi
Hardi Wijaya Liong
Budianto Purwahjo
Helmy Yusman Santoso
Gusandi Sjamsudin
:
:
Mustofa
Aria Kanaka
Ignatius Andy
Pada tanggal 30 September 2012 dan 31 Desember
2011, Perusahaan dan entitas anak memiliki 439
karyawan dan 404 karyawan (tidak diaudit). Jumlah
remunerasi untuk komisaris dan direksi Perusahaan dan
entitas anak pada periode 30 September 2012 dan 31
Desember 2011 masing-masing adalah sebesar
Rp.21.352 dan Rp 18.859.
Perusahaan mempunyai kepemilikan langsung dan tidak
langsung lebih dari 50% saham di entitas anak sebagai
berikut:
PT Telenet Internusa
PT United Towerindo dan entitas anak/
and subsidiary
PT Tower Bersama dan entitas anak/
and subsidiary
PT Tower One dan entitas anak/
and subsidiary
PT Triaka Bersama
PT Metric Solusi Integrasi dan entitas anak/
and subsidiary
PT Solusi Menara Indonesia
Tower Bersama Singapore Pte Ltd
President Commissioner
Commissioners
:
Independent Commissioners
:
:
:
President Director
Vice President Director
Directors
:
Unaffiliated Director
Chairman
Members
:
:
On 30 September 2012 and 31 December 2011, the
Company and subsidiaries employed 439 and 404
staffs, respectively (unaudited). Total remuneration
for the Commissioners and Directors of the Company
and subsidiaries for the Period 30 September 2012 and
31 December 2011 were amounting to Rp 21,352 and
Rp 18,859, respectively.
c. Structure of Subsidiaries
c. Struktur Entitas Anak
Entitas Anak/Subsidiaries
:
:
The Audit Committee of the Company as of
30 September 2012 and 31 December 2011 was as
follow:
Susunan Komite Audit Perusahaan pada tanggal
30 September 2012 dan 31 Desember 2011 adalah
sebagai berikut:
Ketua
Anggota
Audit
The Company through subsidiaries has direct and
indirect shareholding greater than 50% in the
following subsidiaries:
Dimulainya
kegiatan operasi/
Commencement of
operation
Total aset sebelum
eliminasi/
Total assets before
elimination
Persentase kepemilikan/ 30 Sep/Sep 31 Des/Dec
Percentage of ownership
2012
2011
1999
99,50%
229.829
206.059
2004
100,00%
444.286
293.746
2006
98,00%
4.254.068
3.023.308
2006
2010
99,90%
100,00%
718.053
107.387
499.672
90.300
2010
2012
2012
100,00%
91,00%
100,00%
3.976.841
4.550.576
2.358
2.564.622
12.000
-
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/3
Exhibit E/3
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. GENERAL (Continued)
1. U M U M (Lanjutan)
c. Structure of Subsidiaries (Continued)
c. Struktur Entitas Anak (Lanjutan)
Semua entitas anak berdomisili di Jakarta dan
beralamat yang sama dengan Perusahaan, kecuali
Tower Bersama Singapore Pte Ltd yang berdomisili di
Singapura.
All subsidiaries are domiciled in Jakarta and their
address same with the Company, except for Tower
Bersama Singapore Pte Ltd which domiciled in
Singapore.
Perusahaan melalui entitas anak memiliki kepemilikan
tidak langsung lebih dari 50% pada perusahaanperusahaan sebagai berikut :
The Company has direct and indirect shareholdings
greater than 50% in the following subsidiaries:
Total aset sebelum
eliminasi/
Total assets before
elimination
30 Sep/Sep 31 Des/Dec
2012
2011
Kepemilikan melalui
Entitas Anak/
Ownerhsip of
subsidiaries
Dimulainya
kegiatan operasi/
Commencement of
operation
Persentase
kepemilikan/
Percentage of
ownership
PT United Towerindo
PT Tower Bersama
PT Tower One
PT Metric Solusi Integrasi
PT Tower Bersama dan/ and
PT Solu Sindo Kreasi
Pratama
PT Tower Bersama
2006
2003
2003
1999
89,90%
100,00%
100,00%
70,00%
125.970
550.881
465.246
3.368.856
96.176
519.683
408.199
2.437.585
2004
2009
100,00%
100,00%
552.328
271.336
461.784
131.517
Berikut adalah keterangan dari masing-masing entitas
anak.
The following
subsidiaries.
are
c.1 PT Telenet Internusa
c.1 PT Telenet Internusa
Entitas Anak/Subsidiaries
PT Batavia Towerindo
PT Prima Media Selaras
PT Bali Telekom
PT Solu Sindo Kreasi Pratama
PT Mitrayasa Sarana Informasi
PT Towerindo Konvergensi
PT Telenet Internusa (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 8 tanggal
6 September 1999, dibuat di hadapan Dr. Wiratni
Ahmadi, SH, Notaris di Bandung. Akta Pendirian
telah disahkan oleh Menteri Kehakiman dan Hak
Asasi
Manusia
dalam
Surat
Keputusan
No.C-18566.HT.01.01.TH.2001
tanggal
6
Nopember 2001 dan akta tersebut telah
diumumkan dalam Berita Negara No.15 tanggal 21
Pebruari 2006, Tambahan No.1896. Anggaran
Dasar entitas anak telah mengalami beberapa kali
perubahan, terakhir dengan Akta No.82 tanggal
23 Desember 2010, dibuat di hadapan Darmawan
Tjoa, SH, SE, Notaris di Jakarta, mengenai
peningkatan modal dasar, modal ditempatkan dan
modal disetor. Perubahan Anggaran Dasar
tersebut telah disetujui oleh Menteri Hukum dan
Hak Asasi Manusia dengan surat No.AHU01618.AH.01.02. Tahun 2011 tanggal 12 Januari
2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum
dan
pajak),
pembangunan
dan
perdagangan umum.
the
information
about
the
PT Telenet Internusa (the “subsidiary”) is a
limited liability company established in Indonesia
based on the Deed of Establishment No. 8 dated 6
September 1999, drawn up in the presence of Dr.
Wiratni Ahmadi, SH, Notary in Bandung. The
subsidiary’s Deed of Establishment was approved
by the Minister of Justice and Human Rights
through letter No. C-18566.HT.01.01.TH.2001
dated 6 November 2001 and was published in State
Gazette No.15 dated 21 February 2006,
Supplement No.1896. The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No.82 dated
23 December 2010, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta,
regarding increasing authorized capital, issued
capital and paid-up capital. This amendment has
been Approved by the Ministry of Law and Human
Rights through letter No. AHU-01618.AH.
01.02.Tahun 2011 dated 12 January 2011.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments and general trades.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/4
Exhibit E/4
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.2 PT United Towerindo dan entitas anak
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.2 PT United Towerindo and subsidiary
PT United Towerindo (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 40 tanggal 30 Juni
2004, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Kehakiman dan Hak Asasi Manusia
dalam
Surat
Keputusan
No.
C-18090
HT.01.01.TH.2004 tanggal 20 Juli 2004 dan akta
tersebut telah diumumkan dalam Berita Negara
No.65 tanggal 13 Agustus 2008, Tambahan No.
7930 (“Anggaran Dasar”). Anggaran Dasar entitas
anak telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.84 tanggal 23 Desember
2010, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta, mengenai peningkatan modal
dasar, modal ditempatkan dan modal disetor.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak Asasi
Manusia dengan surat No.AHU-05395.AH.01.02.
Tahun 2011 tanggal 1 Pebruari 2011.
PT United Towerindo (the “subsidiary”) is a
limited liability company established in Indonesia
based on the Deed of Establishment No. 40 dated
30 June 2004, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta. The
subsidiary’s Deed of Establishment was approved
by the Minister of Justice and Human Rights
through letter No.C-18090 HT.01.01.TH.2004
dated 20 July 2004 and was published in State
Gazette No.65 dated 13 August 2008, Supplement
No. 7930 (“Articles of Association”). The
subsidiary’s Articles of Association have been
amended several times; the latest amendment
was based on Deed No.84 date 23 December 2010,
drawn up in the presence of Darmawan Tjoa, SH,
SE, Notary in Jakarta, regarding increasing
authorized capital, issued capital and paid-up
capital. This amendment has been Approved by
the Ministry of Law and Human Rights through
letter No.AHU-05395.AH.01.02.Tahun 2011 dated
1 February 2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan,
industri, pertambangan dan transportasi darat.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades, industries, mines and
transportation.
PT United Towerindo memiliki entitas anak yaitu
PT Batavia Towerindo.
PT United Towerindo has a subsidiary company
which is PT Batavia Towerindo.
c.3 PT Tower Bersama dan entitas anak
PT Tower Bersama (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 5 tanggal 4 Juli
2006, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia dalam
Surat Keputusan No. C- 20821 HT.01.01.TH.2006
tanggal 17 Juli 2006 dan akta tersebut telah
diumumkan dalam Berita Negara No.104 tanggal
29
Desember
2006,
Tambahan
No.13530
(“Anggaran Dasar”). Anggaran Dasar entitas anak
telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.79 tanggal 23 Desember
2010, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta, mengenai peningkatan modal
dasar, modal ditempatkan dan modal disetor.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak Asasi
Manusia dengan surat No.AHU-03025.AH.01.02.
Tahun 2011 tanggal 19 Januari 2011.
c.3 PT Tower Bersama and subsidiaries
PT Tower Bersama (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 5 dated 4 July
2006, drawn up in the presence of Darmawan
Tjoa, SH, SE, Notary in Jakarta. The subsidiary’s
Deed of Establishment was approved by the
Minister of Law and Human Rights through letter
No. C-20821 HT.01.01.TH.2006 dated 17 July 2006
and was published in State Gazette No.104 dated
29 December 2006, Supplement No.13530
(“Articles of Association”). The subsidiary’s
Articles of Association have been amended several
times; the latest amendment was based on Deed
No.79 dated 23 December 2010, drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta, regarding increasing authorized capital,
issued capital and paidup capital. This
amendment has been Approved by the Ministry of
Law and Human Rights through letter No.AHU03025.AH.01.02.Tahun 2011 dated 19 January
2011.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/5
Exhibit E/5
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.3
PT Tower Bersama dan entitas anak (Lanjutan)
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.3
PT
Tower
(Continued)
Bersama
and
subsidiaries
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
PT Tower Bersama memiliki 3 (tiga) entitas anak
yaitu PT Prima Media Selaras, PT Mitrayasa Sarana
Informasi dan PT Towerindo Konvergensi.
PT Tower Bersama has 3 (three) subsidiaries
company which are PT Prima Media Selaras,
PT Mitrayasa Sarana Informasi and PT Towerindo
Konvergensi.
c.4 PT Tower One dan entitas anak
c.4 PT Tower One and subsidiary
PT Tower One (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 6 tanggal 21
September 2006, dibuat di hadapan Angela
Meilany Basiroen, SH, Notaris di Jakarta. Akta
Pendirian telah disahkan oleh Menteri Hukum dan
Hak Asasi Manusia dalam Surat Keputusan No.W703499 HT.01.01-TH.2006 tanggal 8 Desember 2006
dan akta tersebut telah diumumkan dalam Berita
Negara No. 63 tanggal 7 Agustus 2009, Tambahan
No. 21141 (“Anggaran Dasar”). Anggaran Dasar
entitas anak telah mengalami beberapa kali
perubahan, terakhir dengan Akta No. 83 tanggal
23 Desember 2010, dibuat di hadapan Darmawan
Tjoa, SH, SE, Notaris di Jakarta, mengenai
peningkatan modal dasar, modal ditempatkan dan
modal disetor. Perubahan Anggaran Dasar
tersebut telah disetujui oleh Menteri Hukum dan
Hak Asasi Manusia dengan surat No. AHU-02877.
AH.01.02.Tahun 2011 tanggal 19 Januari 2011.
PT Tower One (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 6 dated 21
September 2006, drawn up in the presence of
Angela Meilany Basiroen, SH, Notary in Jakarta.
The subsidiary’s Deed of Establishment was
approved by the Minister of Law and Human
Rights through letter No.W7-03499 HT.01.01TH.2006 dated 8 December 2006 and was
published in State Gazette No. 63 dated 7 August
2009, Supplement No. 21141 (“Articles of
Association”). The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No. 83
dated 23 December 2010, drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta, regarding increasing authorized capital,
issued capital and paid-up capital. This
amendment has been approved by the Ministry of
Law and Human Rights through letter No. AHU02877.AH.01.02. Tahun 2011 dated 19 January
2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa, pembangunan, industri dan
bidang operator dan kontraktor menara dan
infrastruktur telekomunikasi.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services, developments, industries and in
the field of operator and contractor of
telecommunication tower and infrastructure.
PT Tower One memiliki entitas anak yaitu
PT Bali Telekom.
PT Tower One has a subsidiary company which is
PT Bali Telekom.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/6
Exhibit E/6
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.5 PT Triaka Bersama
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.5 PT Triaka Bersama
PT Triaka Bersama (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 33 tanggal 15 Mei
2009, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia dalam
Surat Keputusan No. AHU-24774.AH.01.01.Tahun
2009 tanggal 5 Juni 2009 dan akta tersebut telah
diumumkan dalam Berita Negara No. 63 tanggal
7 Agustus 2009, Tambahan No. 20847 (“Anggaran
Dasar”). Anggaran Dasar entitas anak terakhir
diubah dengan Akta No.37 tanggal 20 Januari
2012, dibuat dihadapan Darmawan Tjoa, SH., SE.,
Notaris
di
Jakarta,
mengenai
perubahan
pemegang saham dan perubahan pengurus.
PT Triaka Bersama (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 33 dated 15 May
2009, drawn up in the presence of Darmawan
Tjoa, SH, SE, Notary in Jakarta. The subsidiary’s
Deed of Establishment was approved by the
Minister of Law and Human Rights through letter
No. AHU-24774.AH.01.01.Tahun 2009 dated
5 June 2009 and was published in State Gazette
No. 63 dated 7 August 2009, Supplement
No. 20847 (“Articles of Association”). The
subsidiary’s Articles of Association last amended
by the Deed No.37 dated 20 January 2012, made
before Darmawan Tjoa, SH, SE, Notary In Jakarta,
regarding the change of the shareholders and the
board.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
c.6 PT Metric Solusi Integrasi dan entitas anak
c.6 PT Metric Solusi Integrasi and subsidiary
PT Metric Solusi Integrasi (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 20 tanggal
12 Maret 2010, dibuat di hadapan Darmawan Tjoa,
SH, SE, Notaris di Jakarta. Akta Pendirian ini
disahkan oleh Menteri Hukum dan Hak Asasi
Manusia dalam Surat Keputusan No. AHU13915.AH.01.01.Tahun 2010 tanggal 18 Maret 2010
(“Anggaran Dasar”). Anggaran Dasar entitas anak
telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.33 tanggal 7 Mei 2012,
Darmawan Tjoa, SH, SE, Notaris di Jakarta,
mengenai
Perubahan
Domisili
Perusahaan.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak
Asasi Manusia dengan surat No. AHU-26675.
AH.01.02 tahun 2012 tanggal 16 Mei 2012.
PT Metric Solusi Integrasi (the “subsidiary”) is
a limited liability company established in
Indonesia based on the Deed of Establishment
No. 20 dated 12 March 2010 drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta. The subsidiary’s Deed of Establishment
was approved by the Minister of Law and Human
Rights through letter No. AHU-13915 AH.01.01.
Tahun 2010 dated 18 March 2010 (“Articles of
Association”). The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No. 33
dated 7 May 2012, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta,
regarding change of Company Domicile. This
amendment has been approved by the Ministry of
Law and Human Rights through letter No. AHU26675.AH.01.02 Tahun 2012 dated 16 May 2012.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
PT Metric Solusi Integrasi memiliki entitas anak
yaitu PT Solu Sindo Kreasi Pratama.
PT Metric Solusi Integrasi
has a subsidiary
company which is PT Solu Sindo Kreasi Pratama.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/7
Exhibit E/7
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.7 PT Solusi Menara Indonesia
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.7 PT Solusi Menara Indonesia
PT Solusi Menara Indonesia (“entitas anak”)
adalah suatu perseroan terbatas yang didirikan di
Indonesia berdasarkan Akta Pendirian No. 77
tanggal 19 Desember 2011, dibuat di hadapan
Darmawan Tjoa, SH, SE, Notaris di Jakarta. Akta
Pendirian ini disahkan oleh Menteri Hukum dan
Hak Asasi Manusia sesuai dengan surat Keputusan
No. AHU-63259.AH.01.01.Tahun 2011 tanggal
22 Desember 2011 (“Anggaran Dasar”). Anggaran
Dasar entitas anak terakhir diubah dengan Akta
No.37 tanggal 12 Juli 2012, dibuat di hadapan
Darmawan Tjoa, SH., SE., Notaris di Jakarta dan
telah mendapat Surat Penerimaan Pemberitahuan
Perubahan Anggaran Dasar No.AHU-AH.01.1026063 tanggal 17 Juli 2012, tentang peningkatan
modal ditempatkan dan disetor.
PT Solusi Menara Indonesia (the “subsidiary”) is a
limited company established in Indonesia under
the Deed of Establishment No. 77 dated
19 December 2011, drawn before Darmawan Tjoa,
SH, SE, Notary in Jakarta. The subsidiary’s Deed
of Establishment was approved by Minister of Law
and Human Rights through letter No. AHU-63259.
AH.01.01.Tahun 2011 dated 22 December 2011
(“Articles of Association”). The subsidiary’s
Articles of Association has been last amended
based on the Deed No.37 dated 12 July 2012,
made before Darmawan Tjoa, SH., SE., Notary in
Jakarta and the subsidiary has received the Letter
of Acceptance Notice of Ammendment to the
Articles of Association No. AHU-AH.01.10-26063
dated 17 July 2012 regarding the increase of
issued capital and paid up capital.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam bidang jasa (kecuali jasa di
bidang hukum dan pajak), pembangunan,
perdagangan dan industri.
According to Article 3 of the subsidiary’s Articles
of Association, the scope of its activities involves
in services (except service in law and tax),
developments, trades and industries.
c.8..Tower Bersama Singapore Pte Ltd
Tower Bersama Singapore Pte Ltd (“entitas
anak”) adalah suatu perseroan terbatas yang
didirikan
di
Singapura
berdasarkan
The
Companies Act, Cap. 50 tanggal 7 Mei 2012
dibuat dihadapan Yan Yijun, advokat dan
pengacara di Singapura.
d. Penawaran Umum Saham
Pada tanggal 15 Oktober 2010, Perusahaan memperoleh
pernyataan efektif dari Ketua Badan Pengawas Pasar
Modal dan Lembaga Keuangan (BAPEPAM-LK) dengan
suratnya No. S-9402/BL/2010 untuk melakukan
penawaran umum sebanyak 551.111.000 saham dengan
nilai nominal Rp 100 (Rupiah penuh) per saham kepada
masyarakat melalui Bursa Efek Indonesia dengan harga
penawaran perdana sebesar Rp 2.025 (rupiah penuh)
per saham. Pada tanggal 26 Oktober 2010, seluruh
saham tersebut telah dicatatkan di Bursa Efek
Indonesia.
c.8.Tower Bersama Singapore Pte Ltd
Tower Bersama Singapore Pte Ltd (“subsidiary”) is
a private company incorporated in Singapore
based on The Companies Act, Cap. 50 da
in Indonesian Language
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
CONTENTS
DAFTAR ISI
Directors’ Statement
Pernyataan Direksi
Ekshibit/
Exhibit
Laporan Posisi Keuangan Konsolidasian
A
Consolidated Statements of Financial Position
Laporan Laba Rugi Komprehensif Konsolidasian
B
Consolidated Statements of Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian
C
Consolidated Statements of Changes in
Shareholders’ Equity
Laporan Arus Kas Konsolidasian
D
Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
E
Notes to the Consolidated Financial Statements
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A
Exhibit A
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
30 Sep/
Sep
2012
31 Des/
Dec
2011
ASSETS
ASET
ASET LANCAR
Kas dan setara kas
Kas yang dibatasi penggunaannya
Investasi
Piutang usaha – Pihak ketiga
Piutang lain-lain – Pihak ketiga
Uang muka penyertaan saham
Pendapatan yang masih harus diterima
Persediaan dan perlengkapan
Uang muka dan beban dibayar
dimuka
Pajak dibayar dimuka
Aset tidak lancar yang dimiliki untuk
dijual
2d,e,f,3
2d,e,f,4,23
2e,8
2e,g,5
2e,g,6
7
2m,9
2s,10
693.781
85.990
1.685
222.034
19.875
302.792
102.086
499.552
113.587
16.870
149.203
9.997
2.900
197.610
33.545
2m,11
2n,19a
103.791
494.288
92.949
70.055
2w,16
1.000
-
CURRENT ASSETS
Cash and cash equivalents
Restricted cash in banks
Investments
Trade receivables – Third parties
Other receivables – Third parties
Advance for investment in shares
Accrued revenue
Inventories and supplies
Advance payments and prepaid
expenses
Prepaid taxes
Non-current asset held
to sale
2.027.322
1.186.268
82.620
13.006
85.793
9.657.406
677.169
540.637
3.049
1.978
152.369
4.836
383.713
4.283.000
677.169
244.127
2.526
1.978
83.173
5.246
NON-CURRENT ASSETS
Deferred tax assets - net
Property and equipment – net of
accumulated depreciation of
Rp 68,801 and Rp 52,892 as of
30 September 2012 and 31
December 2011, respectively
Investment properties- fair value
Goodwill – fair value
Long-term landlease
Refundable deposits
Estimated claims for tax refund
Derivative receivables
Other assets
Jumlah Aset Tidak Lancar
11.205.857
5.693.938
Total Non-Current Assets
JUMLAH ASET
13.233.179
6.880.206
TOTAL ASSETS
Jumlah Aset Lancar
ASET TIDAK LANCAR
Aset pajak tangguhan - bersih
Aset tetap – setelah dikurangi
akumulasi penyusutan sebesar
Rp 68.801 dan Rp 52.892 masingmasing pada 30 September 2012 dan
31 Desember 2011
Properti investasi – nilai wajar
Goodwill – nilai wajar
Sewa lahan jangka panjang
Uang jaminan
Taksiran klaim pajak penghasilan
Tagihan derivatif
Aset lainnya
2n,19d
2h,j,k,t,12,32,33
2i,t,13,28
2q,36
14
15
2n
2e,29
2t,x,36
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Total Current Assets
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A/2
Exhibit A/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
30 Sep/
Sep
2012
31 Des/
Dec
2011
LIABILITIES AND SHAREHOLDER’S
EQUITY
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Utang usaha – Pihak ketiga
Utang lain-lain - Pihak ketiga
Utang pajak
Pendapatan diterima dimuka
Beban yang masih harus dibayar
Pinjaman jangka panjang - bagian yang
jatuh tempo dalam waktu satu tahun
Sewa pembiayaan
Pihak ketiga
2e,17
2e,18
2n,19b
2m,20
21
171.338
12.885
93.006
296.287
666.935
77.204
36.455
68.427
136.388
308.101
2e,k,22
2e,23
2.113
331.103
1.723
241.789
CURRENT LIABILITIES
Trade payables – Third parties
Other payables -Third parties
Taxes payable
Unearned income
Accrued expenses
Long-term loans
Current portion
Finance leases
Third parties
1.573.667
870.087
Total Current Liabilities
Jumlah Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Utang kepada pihak berelasi
Liabilitas pajak tangguhan - bersih
Cadangan imbalan
pasca-kerja
Pinjaman jangka panjang – setelah
dikurangi bagian yang jatuh
tempo dalam satu tahun
Sewa pembiayaan
Pihak ketiga
-
NON-CURRENT LIABILITIES
Due to related parties
Deferred tax liability – net
Provision for post-employment
benefits
Longterm loans – net of
Current portion
416
40.000
416
10.525
10.994
6.487
7.747.057
4.677
3.248.823
Jumlah Liabilitas Jangka Panjang
7.764.485
3.304.910
Total Non-Current Liabilities
Jumlah Liabilitas
9.338.152
4.174.997
Total Liabilities
2c,e,26
2n,19d
2l,34
2e,k,22
2e,23
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Finance leases
Third parties
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit A/3
Exhibit A/3
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
30 Sep/
Sep
2012
Catatan/
Notes
31 Des/
Dec
2011
EKUITAS
Modal saham
Pada 30 Sep 2012 dan 31 Des 2011:
Nilai nominal Rp 100 (Rupiah penuh)
per saham. Modal dasar sebanyak
14.420.120.000 saham. Modal
ditempatkan dan disetor penuh:
Pada 30 Sep 2012 dan 31 Des 2011
adalah sebanyak 4.796.526.199 dan
4.556.699.889 saham
Tambahan modal disetor - bersih
Pendapatan komprehensif lainnya
Selisih nilai transaksi
restrukturisasi entitas
sepengendali
Saldo laba
Cadangan wajib
Belum ditentukan penggunaannya
Kepentingan non-pengendali
Jumlah Ekuitas
JUMLAH LIABILITAS DAN EKUITAS
`
24
2v,25
2p,30
(
2c,o,27
(
35
479.653
1.916.959
85.505)
2.008)(
455.670
1.183.858
14.558
2.008)
SHAREHOLDERS’ EQUITY
Share capital
As of 30 Sep 2012 and 31 Dec
2011: Par value of Rp 100
(full amount) per share.
Authorized capital
of 14,420,120,000 shares.
Issued and fully paid-in capital: As
of 30 Sep 2012 and 31 Dec 2011
are 4.796.526.199 and
4,556,699,889 shares
Additional paid-in capital - net
Other comprehensive income
Differences arising from
restructuring transactions
of entities under common control
Retained earnings
Statutory reserves
Unappropriated
20.100
1.344.835
10.100
849.872
3.674.034
2.512.050
220.993
193.159
Non controlling interest
3.895.027
2.705.209
Total Shareholders’ Equity
13.233.179
6.880.206
TOTAL LIABILITIES AND
SHAREHOLDERS’ EQUITY
2b,37
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit B
Exhibit B
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
UNTUK PERIODE 9 (SEMBILAN) BULAN
YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR PERIOD OF 9 (NINE) MONTHS
ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
Catatan/
Notes
2012
2011
1.138.098
2m,31
688.998
REVENUE
BEBAN POKOK PENDAPATAN
166.627
2m,32
101.118
COST OF REVENUE
LABA KOTOR
971.471
587.880
GROSS PROFIT
BEBAN USAHA
117.795
84.693
OPERATING EXPENSES
LABA DARI OPERASI
853.676
503.187
INCOME FROM OPERATIONS
PENDAPATAN
PENDAPATAN (BEBAN) LAIN-LAIN
Kenaikan nilai wajar atas
properti investasi
Pendapatan bunga
Laba (rugi) penjualan aset tetap dan
properti investasi
Amortisasi aset lainnya
Laba (rugi) selisih kurs - Bersih
Beban keuangan - Bunga
Beban keuangan - Lainnya
Lainnya - Bersih
Beban Lain-lain – Bersih
65.641
10.160
(
(
(
(
(
(
Manfaat (Beban) Pajak Penghasilan Bersih
387
411
51.148
303.489
41.740
4.605
)
)
)
)
)
2i,13,28
71.288
13.547
2h,12,13
2t,x,36
2d
2e,23
(
(
(
4.096
168.463
18.299
3.777
)
)
)
OTHER INCOME (CHARGES)
Increase of fair value of investment
properties
Interest income
Gain (loss) on sale of property and equipment
and invesment properties
Amortization of other assets
Profit (loss) on foreign exchange - Net
Financial expenses - Interest
Financial expenses - Others
Others - Net
(
109.800 )
Other Charges - Net
316.769 )
(
536.907
LABA SEBELUM PAJAK PENGHASILAN
MANFAAT (BEBAN) PAJAK PENGHASILAN
Kini
Tangguhan
2m,33
)
393.387
51.410 )
69.614
(
50.965 )
-
INCOME TAX BENEFITS (EXPENSES)
Current
Deferred
18.204
(
50.965 )
Net Income Tax Benefits
(Expenses)
2n,19c,d
(
PROFIT BEFORE INCOME TAX
LABA PERIODE BERJALAN
555.111
342.422
PROFIT FOR THE CURRENT PERIOD
Laba yang dapat diatribusikan kepada:
Pemilik entitas induk
Kepentingan non-pengendali
504.963
50.148
321.530
20.892
Profit attributable to:
Equity holder of the parent company
Non controlling interest
Jumlah
555.111
342.422
Total
70,56
BASIC EARNINGS PER SHARE
(in full amount)
LABA BERSIH PER SAHAM DASAR
(dalam jumlah penuh)
109,54
2b,37
2r,38
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit B/2
Exhibit B/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
UNTUK PERIODE 9 (SEMBILAN) BULAN
YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR PERIOD OF 9 (NINE) MONTHS
ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
2012
555.111
LABA PERIODE BERJALAN
PENDAPATAN KOMPREHENSIF LAIN
Selisih transaksi perubahan
ekuitas entitas anak
JUMLAH PENDAPATAN KOMPREHENSIF
TAHUN BERJALAN
Catatan/
Notes
(
122.377 )
432.734
2011
342.422
PROFIT FOR THE CURRENT PERIOD
44.027
OTHER COMPREHENSIVE INCOME
Differences arising from changes
in the subsidiaries’ equity
386.449
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR
Jumlah laba komprehensif yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan non-pengendali
404.900
27.834
361.624
24.825
Total comprehensive income
attributable to :
Equity holders of the parent company
Non controlling interest
Jumlah
432.734
386.449
Total
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued in Indonesian Language
Exhibit C
Ekshibit C
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
PERIOD OF 9 (NINE) MONTHS ENDED 30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
PERIODE 9 (SEMBILAN) BULAN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
Tambahan
modal
disetor bersih/
Additional
paid-in
capital – net
Modal saham/
Share capital
Saldo per
1 Januari 2011
455.670
Penyesuaian saldo
goodwill negatif
-
Biaya emisi saham
-
Cadangan umum
-
Pembagian dividen
tunai
Pendapatan
komprehensif lainnya
Laba komprehensif
tahun berjalan
Saldo per
31 Desember 2011
Pendapatan
komprehensif
lainnya/
Other
comprehensive
income
1.185.098
-
Selisih nilai
transaksi
restrukturisasi
entitas
sepengendali/
Differences
arising from
restructuring
transactions of
entities under
common
control
12.505 (
Saldo laba/retained earnings
Cadangan
Belum
wajib/
ditentukan
Statutory
penggunaannya/
reserves
Unappropriated
2.008)
100
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(
455.670
Catatan 24/
Note 24
1.240 )
1.183.858
Catatan 25/
Note 25
2.053
-
14.558 (
Catatan 30/
Note 30
6.472
-
Catatan 27/
Note 27
2.318.527
Balance as of
1 January 2011
6.472
Adjustment of
negative goodwill
1.240 )
Share issuance cost
(
-
-
General reserves
1.115
3.168
Cash
Dividends
Other comprehensive
income
474.358
17.990
492.348
Comprehensive income
for the year
849.872
193.159
2.705.209
Balance as of
31 December 2011
113.917)(
-
Catatan 35/
Note 35
174.203
10.000)
(
10.100
Jumlah
ekuitas/
Total
shareholders’
equity
492.959
10.000 (
2.008)
Kepentingan
nonpengendali/
Non controlling
interest
149) (
Catatan 37/
Note 37
114.066)
These Consolidated Financial Statements are Originally Issued in Indonesian Language
Ekshibit C/2
Exhibit C/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
PERIOD OF 9 (NINE) MONTHS ENDED 30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
PERIODE 9 (SEMBILAN) BULAN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
Modal saham/
Share capital
Saldo per
1 Januari 2012
Setoran modal
Tambahan
modal
disetor bersih/
Additional
paid-in
capital – net
455.670
1.183.858
23.983
733.101
-
-
-
-
Cadangan umum
-
-
Pendapatan
komprehensif lainnya
-
-
Laba komprehensif
periode berjalan
-
-
Saldo per
30 Sep 2012
Pendapatan
komprehensif
lainnya/
Other
comprehensive
income
Selisih nilai
transaksi
restrukturisasi
entitas
sepengendali/
Differences
arising from
restructuring
transactions of
entities under
common
control
479.653
Catatan 24/
Note 24
14.558 (
(
1.916.959(
Catatan
25,39b2/
Notes 25,39b2
100.063 )
-
85.505 ) (
Catatan 30/
Note 30
Saldo laba/retained earnings
Cadangan
Belum
wajib/
ditentukan
Statutory
penggunaannya/
reserves
Unappropriated
2.008)
10.100
-
-
-
-
2.008 )
Catatan 27/
Note 27
193.159
2.705.209
Balance as of
1 January 2012
757.084
Capital payment
-
10.000 )
-
20.100
Catatan 35/
Note 35
Lihat Catatan atas Laporan Keuangan Konsolidasian pada Ekshibit E terlampir
yang merupakan bagian tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan
Jumlah
ekuitas/
Total
shareholders’
equity
849.872
10.000 (
-
Kepentingan
nonpengendali/
Non controlling
interest
(
22.314 ) (
504.963
50.148
1.344.835
220.993
General reserves
122.377)
Other comprehensive
income
Comprehensive income
555.111 for the current period
3.895.027
Balance as of
30 Sep 2012
Catatan 37/
Note 37
See accompanying Notes to Consolidated Financial Statements on Exhibit E
which are an integral part of the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit D
Exhibit D
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
TAHUN YANG BERAKHIR 30 SEPTEMBER 2012 DAN 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
YEARS ENDED 30 SEPTEMBER 2012 AND 2011
(Expressed in million Rupiah, unless otherwise stated)
30 Sep/
30 Sep
2012
ARUS KAS DARI AKTIVITAS OPERASI
Penerimaan kas dari pelanggan
Penerimaan jasa giro dan
bunga deposito
Pencairan (penempatan) deposito jaminan
Pembayaran pajak penghasilan
Pembayaran kas ke karyawan
Pembayaran kas ke pemasok
Arus kas bersih yang digunakan untuk
aktivitas investasi
ARUS KAS DARI AKTIVITAS PENDANAAN
Pencairan pinjaman bank
Penerimaan sewa pembiayaan
Biaya penawaran umum perdana saham
Deviden tunai
Pembayaran sewa pembiayaan
Pembayaran hutang kepada pihak ketiga
Pembayaran pinjaman bank
Pembayaran bunga dan biaya pinjaman
608.685
1.121.091
10.160
(
(
(
(
Arus kas bersih diperoleh dari aktivitas operasi
ARUS KAS DARI AKTIVITAS INVESTASI
Hasil penjualan aset tetap
Penempatan deposito berjangka
Akuisisi dan penyertaan saham
Penambahan aset tetap
Pembelian dan sewa atas lahan
Uang muka pembelian menara
Pembayaran pajak pertambahan nilai akusisi menara
Penambahan properti investasi
30 Sep/
30 Sep
2011
(
(
(
(
(
13.547
36
30.725 )
524 )
36.027 ) (
60.968 ) (
157.538) (
52.633 )
103.374 )
876.194
435.536
14.954
40.000)
25.622)
333.899)
385.944)
3.937.768)
(
(
(
(
(
(
(
(
(
Arus kas bersih yang diperoleh dari
(dipergunakan untuk) aktivitas pendanaan
(
(
(
(
(
3.998.717
641.945
2.685
1.242)
113.917 )
1.878)
322.970 )
185.363)
19.260
KENAIKAN (PENURUNAN) BERSIH KAS
166.632 (
KAS PADA AWAL PERIODE
Kas dan setara kas
Kas yang dibatasi pengunaannya
499.552
113.587
1.047.454
52.349
Jumlah
613.139
384.336
SETARA KAS YANG DIBATASI PENGGUNAANNYA
PADA AKHIR PERIODE
KAS DAN SETARA KAS PADA AKHIR PERIODE
(
85.990 ) (
693.781
Lihat Catatan atas Laporan Keuangan Konsolidasian pada
Ekshibit E terlampir yang merupakan bagian tidak terpisahkan
dari Laporan Keuangan Konsolidasian secara keseluruhan
Net cash flows provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
222
Cash received on sale of property and equipment
Placement of time deposit
9.173
205.152)
Acquisition and investment in shares
35.370)
Acquisition of property and equipment
92.745)
Purchase and lease of land
Advance of purchaseof towers
39.900)
Payment of value added tax from tower acquisition
806.491)
Addition of investment properties
( 4.708.279 ) ( 1.170.263 )
4.704.865
4.650
2.716 )
16.861)
207.293 )
483.928 )
CASH FLOWS FROM OPERATING ACTIVITIES
Cash received from customers
Interest received from current accounts
and time deposits
Withdrawal (placement) of security deposits
Payment of income tax
Cash paid to employees
Cash paid to supplier
715.467 )
84.469 )
299.867
Net cash flows used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Withdrawal of bank loan
Receipts from finance lease
Payments of third parties loans
Cash devidend
Payment of finance lease
Payment of payable to third parties
Payments of bank loans
Payments of interest and cost of borrowings
Net cash flows provided by
(used in) financing activities
NET INCREASE (DECREASE) OF CASH
CASH AT BEGINNING OF PERIOD
Cash and cash equivalents
Restricted cash in banks
Total
RESTRICTED CASH IN BANKS
AT END OF PERIOD
CASH AND CASH EQUIVALENTS AT END OF PERIOD
See accompanying Notes to Consolidated Financial Statements
on Exhibit E which are an integral part of
the Consolidated Financial Statements taken as a whole
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E
Exhibit E
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. GENERAL
1. U M U M
a. The Company’s Establishment
a. Pendirian Perusahaan
PT Tower Bersama Infrastructure Tbk (“Perusahaan”),
berdomisili di Jakarta Selatan, didirikan berdasarkan
Akta No. 14 tanggal 8 Nopember 2004 yang dibuat di
hadapan Notaris Dewi Himijati Tandika, SH, Notaris di
Jakarta, tanggal 8 Nopember 2004 dan telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia Republik
Indonesia dengan Surat Keputusan No. C-28415.
HT.01.01. TH.2004 tanggal 12 Nopember 2004.
Anggaran dasar Perusahaan telah mengalami beberapa
kali perubahan, terakhir berdasarkan Akta Pernyataan
Keputusan
Rapat
Perubahan
Anggaran
Dasar
Perusahaan No.9 tanggal 6 September 2012, dibuat
dihadapan Aryanti Artisari, SH.,MKN., Notaris di
Jakarta, mengenai antara lain penerbitan saham dan
peningkatan modal ditempatkan dan disetor.
PT Tower Bersama Infrastructure Tbk (the
“Company”), domiciled
in South Jakarta, was
established based on the Notarial deed No. 14 dated 8
November 2004 made in presence of Dewi Himijati
Tandika, SH, Notary in Jakarta and was approved by
the Minister of Justice and Human Rights of Republic
of Indonesia in his Decree No. C-28415.HT.01.01.TH.
2004 dated 12 November 2004. The articles of
association have been amended several times, most
recently by the The deed of shareholder’s Resolution
on the Amendments to the Company’s Articles of
Association No.9 dated 6 September 2012, made
before Aryanti Artisari, SH., MKN., Notary in Jakarta,
regarding among others the issuance of shares and the
increasing of issued capital and paid up capital.
Perubahan anggaran dasar tersebut telah dilaporkan
dan diterima oleh Menteri Hukum dan Hak Asasi
Manusia Republik Indonesia sebagaimana tercantum
dalam Surat No. AHU-AH.01.10-37272 tanggal
17.Oktober 2012.
These amendments have been reported and received
by the Minister of Law and Human Rights of Republic
of Indonesia as stated in Letter No. AHU-AH.01.1037272 dated 17 October 2012.
Berdasarkan pasal 3 dari anggaran dasar Perusahaan,
kegiatan usaha Perusahaan, antara lain, menjalankan
usaha dalam bidang jasa penunjang telekomunikasi,
meliputi jasa persewaan dan pengelolaan menara Base
Transceiver Station (BTS), jasa konsultasi bidang
instalasi telekomunikasi, serta melakukan investasi
atau penyertaan pada perusahaan lain.
Based on article 3 of the Company’s articles of
association, the business activities of the Company,
among others, are to carry on the business of
telecommunications support services, including lease
and maintenance of Base Transceiver Station (BTS),
consultation service on telco installation, and
conducting investment or participation to other
companies.
Perusahaan beralamat di Gedung International
Financial Centre, lantai 6 Jl. Jenderal Sudirman
Kavling 22-23, Jakarta 12920.
The Company’s address is at International Financial
Centre Building, 6th floor. Jl. Jenderal Sudirman
Kavling 22-23, Jakarta 12920.
b. Dewan Komisaris,
Karyawan
Direksi,
Komite
Audit
dan
Berdasarkan Akta Pernyataan Keputusan Rapat
Perusahaan No. 126 tanggal 25 April 2012, bapak
Sandiaga Salahudin Uno telah mengundurkan diri
sebagai anggota komisaris Perusahaan. Susunan Dewan
Komisaris dan Direksi Perusahaan pada tanggal
30.September 2012 dan 31 Desember 2011 adalah
sebagai berikut:
30 September 2012
Presiden komisaris
Komisaris
Komisaris Independen
:
:
:
Presiden Direktur
Wakil Presiden Direktur
Direktur
:
:
:
Direktur tidak terafiliasi
:
b.
Boards of Commissioners,
Committee and Employees
Directors,
Audit
Based on the Deed No. 126 regarding The Statement of
The Company’s Shareholders general meeting decision
dated 25 April 2012, Mr. Sandiaga Salahuddin Uno has
resigned as a commissioner of the Company. The
Boards of Commissioners and Directors of the Company
as of 30 September 2012 and 31 December 2011 were
as follows:
Edwin Soeryadjaya
Winato Kartono
Mustofa
Herry Tjahjana
Herman Setya Budi
Hardi Wijaya Liong
Budianto Purwahjo
Helmy Yusman Santoso
Gusandi Sjamsudin
:
:
:
30 September 2012
President Commissioner
Commissioner
Independent Commissioners
:
:
:
President Director
Vice President Director
Directors
:
Unaffiliated Director
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/2
Exhibit E/2
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1.
1. U M U M (Lanjutan)
b. Dewan Komisaris, Direksi,
Karyawan (Lanjutan)
Komite
Audit
dan
GENERAL (Continued)
b. Boards
of
Commissioners,
Directors,
Commitee and Employees (Continued)
31 Dec 2011
31 Des 2011
Presiden komisaris
Komisaris
:
:
Komisaris Independen
:
Presiden Direktur
Wakil Presiden Direktur
Direktur
:
:
:
Direktur tidak terafiliasi
:
Edwin Soeryadjaya
Sandiaga Salahuddin Uno
Winato Kartono
Mustofa
Herry Tjahjana
Herman Setya Budi
Hardi Wijaya Liong
Budianto Purwahjo
Helmy Yusman Santoso
Gusandi Sjamsudin
:
:
Mustofa
Aria Kanaka
Ignatius Andy
Pada tanggal 30 September 2012 dan 31 Desember
2011, Perusahaan dan entitas anak memiliki 439
karyawan dan 404 karyawan (tidak diaudit). Jumlah
remunerasi untuk komisaris dan direksi Perusahaan dan
entitas anak pada periode 30 September 2012 dan 31
Desember 2011 masing-masing adalah sebesar
Rp.21.352 dan Rp 18.859.
Perusahaan mempunyai kepemilikan langsung dan tidak
langsung lebih dari 50% saham di entitas anak sebagai
berikut:
PT Telenet Internusa
PT United Towerindo dan entitas anak/
and subsidiary
PT Tower Bersama dan entitas anak/
and subsidiary
PT Tower One dan entitas anak/
and subsidiary
PT Triaka Bersama
PT Metric Solusi Integrasi dan entitas anak/
and subsidiary
PT Solusi Menara Indonesia
Tower Bersama Singapore Pte Ltd
President Commissioner
Commissioners
:
Independent Commissioners
:
:
:
President Director
Vice President Director
Directors
:
Unaffiliated Director
Chairman
Members
:
:
On 30 September 2012 and 31 December 2011, the
Company and subsidiaries employed 439 and 404
staffs, respectively (unaudited). Total remuneration
for the Commissioners and Directors of the Company
and subsidiaries for the Period 30 September 2012 and
31 December 2011 were amounting to Rp 21,352 and
Rp 18,859, respectively.
c. Structure of Subsidiaries
c. Struktur Entitas Anak
Entitas Anak/Subsidiaries
:
:
The Audit Committee of the Company as of
30 September 2012 and 31 December 2011 was as
follow:
Susunan Komite Audit Perusahaan pada tanggal
30 September 2012 dan 31 Desember 2011 adalah
sebagai berikut:
Ketua
Anggota
Audit
The Company through subsidiaries has direct and
indirect shareholding greater than 50% in the
following subsidiaries:
Dimulainya
kegiatan operasi/
Commencement of
operation
Total aset sebelum
eliminasi/
Total assets before
elimination
Persentase kepemilikan/ 30 Sep/Sep 31 Des/Dec
Percentage of ownership
2012
2011
1999
99,50%
229.829
206.059
2004
100,00%
444.286
293.746
2006
98,00%
4.254.068
3.023.308
2006
2010
99,90%
100,00%
718.053
107.387
499.672
90.300
2010
2012
2012
100,00%
91,00%
100,00%
3.976.841
4.550.576
2.358
2.564.622
12.000
-
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/3
Exhibit E/3
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. GENERAL (Continued)
1. U M U M (Lanjutan)
c. Structure of Subsidiaries (Continued)
c. Struktur Entitas Anak (Lanjutan)
Semua entitas anak berdomisili di Jakarta dan
beralamat yang sama dengan Perusahaan, kecuali
Tower Bersama Singapore Pte Ltd yang berdomisili di
Singapura.
All subsidiaries are domiciled in Jakarta and their
address same with the Company, except for Tower
Bersama Singapore Pte Ltd which domiciled in
Singapore.
Perusahaan melalui entitas anak memiliki kepemilikan
tidak langsung lebih dari 50% pada perusahaanperusahaan sebagai berikut :
The Company has direct and indirect shareholdings
greater than 50% in the following subsidiaries:
Total aset sebelum
eliminasi/
Total assets before
elimination
30 Sep/Sep 31 Des/Dec
2012
2011
Kepemilikan melalui
Entitas Anak/
Ownerhsip of
subsidiaries
Dimulainya
kegiatan operasi/
Commencement of
operation
Persentase
kepemilikan/
Percentage of
ownership
PT United Towerindo
PT Tower Bersama
PT Tower One
PT Metric Solusi Integrasi
PT Tower Bersama dan/ and
PT Solu Sindo Kreasi
Pratama
PT Tower Bersama
2006
2003
2003
1999
89,90%
100,00%
100,00%
70,00%
125.970
550.881
465.246
3.368.856
96.176
519.683
408.199
2.437.585
2004
2009
100,00%
100,00%
552.328
271.336
461.784
131.517
Berikut adalah keterangan dari masing-masing entitas
anak.
The following
subsidiaries.
are
c.1 PT Telenet Internusa
c.1 PT Telenet Internusa
Entitas Anak/Subsidiaries
PT Batavia Towerindo
PT Prima Media Selaras
PT Bali Telekom
PT Solu Sindo Kreasi Pratama
PT Mitrayasa Sarana Informasi
PT Towerindo Konvergensi
PT Telenet Internusa (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 8 tanggal
6 September 1999, dibuat di hadapan Dr. Wiratni
Ahmadi, SH, Notaris di Bandung. Akta Pendirian
telah disahkan oleh Menteri Kehakiman dan Hak
Asasi
Manusia
dalam
Surat
Keputusan
No.C-18566.HT.01.01.TH.2001
tanggal
6
Nopember 2001 dan akta tersebut telah
diumumkan dalam Berita Negara No.15 tanggal 21
Pebruari 2006, Tambahan No.1896. Anggaran
Dasar entitas anak telah mengalami beberapa kali
perubahan, terakhir dengan Akta No.82 tanggal
23 Desember 2010, dibuat di hadapan Darmawan
Tjoa, SH, SE, Notaris di Jakarta, mengenai
peningkatan modal dasar, modal ditempatkan dan
modal disetor. Perubahan Anggaran Dasar
tersebut telah disetujui oleh Menteri Hukum dan
Hak Asasi Manusia dengan surat No.AHU01618.AH.01.02. Tahun 2011 tanggal 12 Januari
2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum
dan
pajak),
pembangunan
dan
perdagangan umum.
the
information
about
the
PT Telenet Internusa (the “subsidiary”) is a
limited liability company established in Indonesia
based on the Deed of Establishment No. 8 dated 6
September 1999, drawn up in the presence of Dr.
Wiratni Ahmadi, SH, Notary in Bandung. The
subsidiary’s Deed of Establishment was approved
by the Minister of Justice and Human Rights
through letter No. C-18566.HT.01.01.TH.2001
dated 6 November 2001 and was published in State
Gazette No.15 dated 21 February 2006,
Supplement No.1896. The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No.82 dated
23 December 2010, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta,
regarding increasing authorized capital, issued
capital and paid-up capital. This amendment has
been Approved by the Ministry of Law and Human
Rights through letter No. AHU-01618.AH.
01.02.Tahun 2011 dated 12 January 2011.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments and general trades.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/4
Exhibit E/4
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.2 PT United Towerindo dan entitas anak
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.2 PT United Towerindo and subsidiary
PT United Towerindo (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 40 tanggal 30 Juni
2004, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Kehakiman dan Hak Asasi Manusia
dalam
Surat
Keputusan
No.
C-18090
HT.01.01.TH.2004 tanggal 20 Juli 2004 dan akta
tersebut telah diumumkan dalam Berita Negara
No.65 tanggal 13 Agustus 2008, Tambahan No.
7930 (“Anggaran Dasar”). Anggaran Dasar entitas
anak telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.84 tanggal 23 Desember
2010, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta, mengenai peningkatan modal
dasar, modal ditempatkan dan modal disetor.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak Asasi
Manusia dengan surat No.AHU-05395.AH.01.02.
Tahun 2011 tanggal 1 Pebruari 2011.
PT United Towerindo (the “subsidiary”) is a
limited liability company established in Indonesia
based on the Deed of Establishment No. 40 dated
30 June 2004, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta. The
subsidiary’s Deed of Establishment was approved
by the Minister of Justice and Human Rights
through letter No.C-18090 HT.01.01.TH.2004
dated 20 July 2004 and was published in State
Gazette No.65 dated 13 August 2008, Supplement
No. 7930 (“Articles of Association”). The
subsidiary’s Articles of Association have been
amended several times; the latest amendment
was based on Deed No.84 date 23 December 2010,
drawn up in the presence of Darmawan Tjoa, SH,
SE, Notary in Jakarta, regarding increasing
authorized capital, issued capital and paid-up
capital. This amendment has been Approved by
the Ministry of Law and Human Rights through
letter No.AHU-05395.AH.01.02.Tahun 2011 dated
1 February 2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan,
industri, pertambangan dan transportasi darat.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades, industries, mines and
transportation.
PT United Towerindo memiliki entitas anak yaitu
PT Batavia Towerindo.
PT United Towerindo has a subsidiary company
which is PT Batavia Towerindo.
c.3 PT Tower Bersama dan entitas anak
PT Tower Bersama (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 5 tanggal 4 Juli
2006, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia dalam
Surat Keputusan No. C- 20821 HT.01.01.TH.2006
tanggal 17 Juli 2006 dan akta tersebut telah
diumumkan dalam Berita Negara No.104 tanggal
29
Desember
2006,
Tambahan
No.13530
(“Anggaran Dasar”). Anggaran Dasar entitas anak
telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.79 tanggal 23 Desember
2010, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta, mengenai peningkatan modal
dasar, modal ditempatkan dan modal disetor.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak Asasi
Manusia dengan surat No.AHU-03025.AH.01.02.
Tahun 2011 tanggal 19 Januari 2011.
c.3 PT Tower Bersama and subsidiaries
PT Tower Bersama (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 5 dated 4 July
2006, drawn up in the presence of Darmawan
Tjoa, SH, SE, Notary in Jakarta. The subsidiary’s
Deed of Establishment was approved by the
Minister of Law and Human Rights through letter
No. C-20821 HT.01.01.TH.2006 dated 17 July 2006
and was published in State Gazette No.104 dated
29 December 2006, Supplement No.13530
(“Articles of Association”). The subsidiary’s
Articles of Association have been amended several
times; the latest amendment was based on Deed
No.79 dated 23 December 2010, drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta, regarding increasing authorized capital,
issued capital and paidup capital. This
amendment has been Approved by the Ministry of
Law and Human Rights through letter No.AHU03025.AH.01.02.Tahun 2011 dated 19 January
2011.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/5
Exhibit E/5
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.3
PT Tower Bersama dan entitas anak (Lanjutan)
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.3
PT
Tower
(Continued)
Bersama
and
subsidiaries
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
PT Tower Bersama memiliki 3 (tiga) entitas anak
yaitu PT Prima Media Selaras, PT Mitrayasa Sarana
Informasi dan PT Towerindo Konvergensi.
PT Tower Bersama has 3 (three) subsidiaries
company which are PT Prima Media Selaras,
PT Mitrayasa Sarana Informasi and PT Towerindo
Konvergensi.
c.4 PT Tower One dan entitas anak
c.4 PT Tower One and subsidiary
PT Tower One (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 6 tanggal 21
September 2006, dibuat di hadapan Angela
Meilany Basiroen, SH, Notaris di Jakarta. Akta
Pendirian telah disahkan oleh Menteri Hukum dan
Hak Asasi Manusia dalam Surat Keputusan No.W703499 HT.01.01-TH.2006 tanggal 8 Desember 2006
dan akta tersebut telah diumumkan dalam Berita
Negara No. 63 tanggal 7 Agustus 2009, Tambahan
No. 21141 (“Anggaran Dasar”). Anggaran Dasar
entitas anak telah mengalami beberapa kali
perubahan, terakhir dengan Akta No. 83 tanggal
23 Desember 2010, dibuat di hadapan Darmawan
Tjoa, SH, SE, Notaris di Jakarta, mengenai
peningkatan modal dasar, modal ditempatkan dan
modal disetor. Perubahan Anggaran Dasar
tersebut telah disetujui oleh Menteri Hukum dan
Hak Asasi Manusia dengan surat No. AHU-02877.
AH.01.02.Tahun 2011 tanggal 19 Januari 2011.
PT Tower One (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 6 dated 21
September 2006, drawn up in the presence of
Angela Meilany Basiroen, SH, Notary in Jakarta.
The subsidiary’s Deed of Establishment was
approved by the Minister of Law and Human
Rights through letter No.W7-03499 HT.01.01TH.2006 dated 8 December 2006 and was
published in State Gazette No. 63 dated 7 August
2009, Supplement No. 21141 (“Articles of
Association”). The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No. 83
dated 23 December 2010, drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta, regarding increasing authorized capital,
issued capital and paid-up capital. This
amendment has been approved by the Ministry of
Law and Human Rights through letter No. AHU02877.AH.01.02. Tahun 2011 dated 19 January
2011.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa, pembangunan, industri dan
bidang operator dan kontraktor menara dan
infrastruktur telekomunikasi.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services, developments, industries and in
the field of operator and contractor of
telecommunication tower and infrastructure.
PT Tower One memiliki entitas anak yaitu
PT Bali Telekom.
PT Tower One has a subsidiary company which is
PT Bali Telekom.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/6
Exhibit E/6
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.5 PT Triaka Bersama
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.5 PT Triaka Bersama
PT Triaka Bersama (“entitas anak”) adalah suatu
perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 33 tanggal 15 Mei
2009, dibuat di hadapan Darmawan Tjoa, SH, SE,
Notaris di Jakarta. Akta Pendirian telah disahkan
oleh Menteri Hukum dan Hak Asasi Manusia dalam
Surat Keputusan No. AHU-24774.AH.01.01.Tahun
2009 tanggal 5 Juni 2009 dan akta tersebut telah
diumumkan dalam Berita Negara No. 63 tanggal
7 Agustus 2009, Tambahan No. 20847 (“Anggaran
Dasar”). Anggaran Dasar entitas anak terakhir
diubah dengan Akta No.37 tanggal 20 Januari
2012, dibuat dihadapan Darmawan Tjoa, SH., SE.,
Notaris
di
Jakarta,
mengenai
perubahan
pemegang saham dan perubahan pengurus.
PT Triaka Bersama (the “subsidiary”) is a limited
liability company established in Indonesia based
on the Deed of Establishment No. 33 dated 15 May
2009, drawn up in the presence of Darmawan
Tjoa, SH, SE, Notary in Jakarta. The subsidiary’s
Deed of Establishment was approved by the
Minister of Law and Human Rights through letter
No. AHU-24774.AH.01.01.Tahun 2009 dated
5 June 2009 and was published in State Gazette
No. 63 dated 7 August 2009, Supplement
No. 20847 (“Articles of Association”). The
subsidiary’s Articles of Association last amended
by the Deed No.37 dated 20 January 2012, made
before Darmawan Tjoa, SH, SE, Notary In Jakarta,
regarding the change of the shareholders and the
board.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
c.6 PT Metric Solusi Integrasi dan entitas anak
c.6 PT Metric Solusi Integrasi and subsidiary
PT Metric Solusi Integrasi (“entitas anak”) adalah
suatu perseroan terbatas didirikan di Indonesia
berdasarkan Akta Pendirian No. 20 tanggal
12 Maret 2010, dibuat di hadapan Darmawan Tjoa,
SH, SE, Notaris di Jakarta. Akta Pendirian ini
disahkan oleh Menteri Hukum dan Hak Asasi
Manusia dalam Surat Keputusan No. AHU13915.AH.01.01.Tahun 2010 tanggal 18 Maret 2010
(“Anggaran Dasar”). Anggaran Dasar entitas anak
telah mengalami beberapa kali perubahan,
terakhir dengan Akta No.33 tanggal 7 Mei 2012,
Darmawan Tjoa, SH, SE, Notaris di Jakarta,
mengenai
Perubahan
Domisili
Perusahaan.
Perubahan Anggaran Dasar tersebut telah
disetujui oleh Menteri Hukum dan Hak
Asasi Manusia dengan surat No. AHU-26675.
AH.01.02 tahun 2012 tanggal 16 Mei 2012.
PT Metric Solusi Integrasi (the “subsidiary”) is
a limited liability company established in
Indonesia based on the Deed of Establishment
No. 20 dated 12 March 2010 drawn up in the
presence of Darmawan Tjoa, SH, SE, Notary in
Jakarta. The subsidiary’s Deed of Establishment
was approved by the Minister of Law and Human
Rights through letter No. AHU-13915 AH.01.01.
Tahun 2010 dated 18 March 2010 (“Articles of
Association”). The subsidiary’s Articles of
Association have been amended several times; the
latest amendment was based on Deed No. 33
dated 7 May 2012, drawn up in the presence of
Darmawan Tjoa, SH, SE, Notary in Jakarta,
regarding change of Company Domicile. This
amendment has been approved by the Ministry of
Law and Human Rights through letter No. AHU26675.AH.01.02 Tahun 2012 dated 16 May 2012.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam jasa (kecuali jasa di bidang
hukum dan pajak), pembangunan, perdagangan
dan industri.
In accordance with Article 3 of the subsidiary’s
Articles of Association, the scope of its activities
involves services (except services in law and tax),
developments, trades and industries.
PT Metric Solusi Integrasi memiliki entitas anak
yaitu PT Solu Sindo Kreasi Pratama.
PT Metric Solusi Integrasi
has a subsidiary
company which is PT Solu Sindo Kreasi Pratama.
These Consolidated Financial Statements are Originally Issued
in Indonesian Language
Ekshibit E/7
Exhibit E/7
PT TOWER BERSAMA INFRASTRUCTURE Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
30 SEPTEMBER 2012 DAN 31 DESEMBER 2011
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
PT TOWER BERSAMA INFRASTRUCTURE Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
30 SEPTEMBER 2012 AND 31 DECEMBER 2011
(Expressed in million Rupiah, unless otherwise stated)
1. U M U M (Lanjutan)
c. Struktur Entitas Anak (Lanjutan)
c.7 PT Solusi Menara Indonesia
1. GENERAL (Continued)
c. Structure of Subsidiaries (Continued)
c.7 PT Solusi Menara Indonesia
PT Solusi Menara Indonesia (“entitas anak”)
adalah suatu perseroan terbatas yang didirikan di
Indonesia berdasarkan Akta Pendirian No. 77
tanggal 19 Desember 2011, dibuat di hadapan
Darmawan Tjoa, SH, SE, Notaris di Jakarta. Akta
Pendirian ini disahkan oleh Menteri Hukum dan
Hak Asasi Manusia sesuai dengan surat Keputusan
No. AHU-63259.AH.01.01.Tahun 2011 tanggal
22 Desember 2011 (“Anggaran Dasar”). Anggaran
Dasar entitas anak terakhir diubah dengan Akta
No.37 tanggal 12 Juli 2012, dibuat di hadapan
Darmawan Tjoa, SH., SE., Notaris di Jakarta dan
telah mendapat Surat Penerimaan Pemberitahuan
Perubahan Anggaran Dasar No.AHU-AH.01.1026063 tanggal 17 Juli 2012, tentang peningkatan
modal ditempatkan dan disetor.
PT Solusi Menara Indonesia (the “subsidiary”) is a
limited company established in Indonesia under
the Deed of Establishment No. 77 dated
19 December 2011, drawn before Darmawan Tjoa,
SH, SE, Notary in Jakarta. The subsidiary’s Deed
of Establishment was approved by Minister of Law
and Human Rights through letter No. AHU-63259.
AH.01.01.Tahun 2011 dated 22 December 2011
(“Articles of Association”). The subsidiary’s
Articles of Association has been last amended
based on the Deed No.37 dated 12 July 2012,
made before Darmawan Tjoa, SH., SE., Notary in
Jakarta and the subsidiary has received the Letter
of Acceptance Notice of Ammendment to the
Articles of Association No. AHU-AH.01.10-26063
dated 17 July 2012 regarding the increase of
issued capital and paid up capital.
Berdasarkan Pasal 3 dari Anggaran Dasar entitas
anak, ruang lingkup usaha entitas anak adalah
berusaha dalam bidang jasa (kecuali jasa di
bidang hukum dan pajak), pembangunan,
perdagangan dan industri.
According to Article 3 of the subsidiary’s Articles
of Association, the scope of its activities involves
in services (except service in law and tax),
developments, trades and industries.
c.8..Tower Bersama Singapore Pte Ltd
Tower Bersama Singapore Pte Ltd (“entitas
anak”) adalah suatu perseroan terbatas yang
didirikan
di
Singapura
berdasarkan
The
Companies Act, Cap. 50 tanggal 7 Mei 2012
dibuat dihadapan Yan Yijun, advokat dan
pengacara di Singapura.
d. Penawaran Umum Saham
Pada tanggal 15 Oktober 2010, Perusahaan memperoleh
pernyataan efektif dari Ketua Badan Pengawas Pasar
Modal dan Lembaga Keuangan (BAPEPAM-LK) dengan
suratnya No. S-9402/BL/2010 untuk melakukan
penawaran umum sebanyak 551.111.000 saham dengan
nilai nominal Rp 100 (Rupiah penuh) per saham kepada
masyarakat melalui Bursa Efek Indonesia dengan harga
penawaran perdana sebesar Rp 2.025 (rupiah penuh)
per saham. Pada tanggal 26 Oktober 2010, seluruh
saham tersebut telah dicatatkan di Bursa Efek
Indonesia.
c.8.Tower Bersama Singapore Pte Ltd
Tower Bersama Singapore Pte Ltd (“subsidiary”) is
a private company incorporated in Singapore
based on The Companies Act, Cap. 50 da