PT Indopoly Swakarsa Industry Tbk. dan Entitas Anak Juni 2012 Financial Statements

PT INDOPOLY SWAKARSA
INDUSTRY Tbk.
DAN ENTITAS ANAK

PT INDOPOLY SWAKARSA
INDUSTRY Tbk.
AND SUBSIDIARIES

Laporan Keuangan Konsolidasian
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)

Consolidated Financial Statements
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)

d1/July 30, 2012

paraf:

PT INDOPOLY SWAKARSA
INDUSTRY Tbk.
DAN ENTITAS ANAK
Daftar Isi

PT INDOPOLY SWAKARSA
INDUSTRY Tbk.
AND SUBSIDIARIES
Halaman/
Page

Surat Pernyataan Direksi

Directors’ Statement Letter

Laporan Keuangan Konsolidasian
30 Juni 2012 (Tidak Diaudit) dan

31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
Laporan Posisi Keuangan Konsolidasian

Table of Contents

Consolidated Financial Statements
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
1–2

Consolidated Statements of Financial Position

Laporan Laba Rugi Konsolidasian

3

Consolidated Statements of Income

Laporan Laba Rugi Komprehensif Konsolidasian

4

Consolidated Statements of Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian

5

Consolidated Statements of Changes in Equity

Laporan Arus Kas Konsolidasian

6–7

Consolidated Statements of Cash Flows

Catatan Atas Laporan Keuangan Konsolidasian

8 – 62

Notes to Consolidated Financial Statements

Informasi Tambahan:

Additional Information:

Laporan Posisi Keuangan (Entitas Induk)

Lampiran I/
Attachment I

Statements of Financial Position (Parent Company)

Laporan Laba Rugi Komprehensif (Entitas Induk)

Lampiran II/

Attachment II

Statements of Comprehensive Income (Parent Company)

Laporan Perubahaan Ekuitas (Entitas Induk)

Lampiran III/
Attachment III

Statements of Changes in Equity
(Parent Company)

Laporan Arus Kas (Entitas Induk)

Lampiran IV/
Attachment IV

Statements of Cash Flows (Parent Company)

d1/July 30, 2012

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION

30 Juni 2012 (Tidak Diaudit)
dan 31 Desember 2011 (Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)
ASET

ASET LANCAR
Kas dan Setara Kas

Piutang Usaha
Pihak Berelasi
Pihak Ketiga
Piutang Lain-lain
Pihak Berelasi
Pihak Ketiga
Persediaan
Pajak Dibayar di Muka
Biaya Dibayar di Muka
Aset Lain-lain Lancar
Total Aset Lancar
ASET TIDAK LANCAR
Piutang Lain-lain
Pihak Ketiga
Aset Tetap - Bersih
(Setelah dikurangi akumulasi penyusutan
sebesar Rp 721.047 dan Rp 656.916
per 30 Juni 2012 dan 31 Des. 2011)
Aset Tidak Berwujud - Bersih
Aset Lain - lain Tidak Lancar

Total Aset Tidak Lancar

June 30, 2012 (Unaudited)
and December 31, 2011 (Audited)
(In million Rupiah, unless otherwise stated)
Catatan/
Note

30 Juni 2012
June 30, 2012

31 Des. 2011
Dec. 31, 2011

56,918

100,075

42,815
372,975

33,890
372,158

906
14,933
239,101
54,807
8,653
33,066
824,174

969
16,401
219,191
46,899
5,405
40,552
835,540

3.d, 3.e, 3.u, 4, 27
3.d, 3.f, 3.u, 5, 27
3.t, 25
3.d, 3.f, 3.u, 6, 27
3.t, 25
3.g, 7
3.r, 26
3.h
10

8,747

8,396

1,734,535
34,415
2,345
1,780,042

1,740,471

33,321
2,008
1,784,196

2,604,216

2,619,736

TOTAL ASSETS

3.i, 3.j, 3.k
3.l, 3.m, 8

TOTAL ASET

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

CURRENT ASSETS
Cash and Cash Equivalents
Accounts Receivable
Related Parties
Third Parties
Other Receivables
Related Parties
Third Parties
Inventories
Prepaid Taxes
Prepaid Expenses
Other Current Assets
Total Current Assets
NON CURRENT ASSETS
Other Receivables
Third Parties
Fixed Assets - Net
(Net of accumulated depreciation
of Rp 721,047 and Rp 656,916 as of
June 30, 2012 and Dec. 31, 2011)
Intangible Assets - Net
Other Non Current Assets
Total Non Curent Assets

3.d, 3.f, 3.u, 6

3.l, 3.o, 9
3.d, 3.n, 3.u, 10, 27

ASSETS

The accompanying notes form an integral part of these
consolidated financial statements

1

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (Lanjutan)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION(Continued)

30 Juni 2012 (Tidak Diaudit)
dan 31 Desember 2011 (Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)
LIABILITAS
DAN EKUITAS
LIABILITAS LANCAR
Utang Bank Jangka Pendek
Utang Usaha
Pihak Berelasi
Pihak Ketiga
Utang Lain-lain
Pihak Ketiga
Utang Pajak
Biaya yang Masih Harus Dibayar
Bagian Liabilitas Jangka Panjang yang
Jatuh Tempo Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Total Liabilitas Lancar
LIABILITAS TIDAK LANCAR
Liabilitas Jangka Panjang Setelah Dikurangi
Bagian Jatuh Tempo Dalam Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Utang Lain-lain
Pihak Ketiga
Liabilitas Pajak Tangguhan
Liabilitas Diestimasi Imbalan Kerja
Total Liabilitas Tidak Lancar

June 30, 2012 (Unaudited)
and December 31, 2011 (Audited)
(In million Rupiah, unless otherwise stated)
Catatan/
Note

30 Juni 2012
June 30, 2012

31 Des. 2011
Dec. 31, 2011

661,562

695,793

2,501
140,925

2,201
124,841

17,699
5,194
29,420

21,925
8,388
31,061

88,765
712
946,778

87,104
575
971,888

3.d, 3.u, 11, 27
3.d, 3.u, 12, 27
3.t, 25
3.d, 3.u, 13, 27
3.r, 26
3.u, 14
3.u
3.d, 15, 27
17

3.u
3.d, 15, 27
17
3.d, 3.u, 13, 27

403,147
3,251

427,867
4,429

3.r, 26
3.p, 18

4,653
58,919
8,500
478,470

4,437
54,428
7,769
498,930

1,425,248

1,470,818

Total Liabilities

19
1.e, 19, 20
1.d, 3.d, 3.s

3.c

TOTAL LIABILITAS DAN EKUITAS

644,052
234,545
(39,833)
298,876

644,052
234,545
(53,134)
284,736

1,137,640
41,328
1,178,968

1,110,199
38,719
1,148,918

EQUITY
Equity Attributable to Owner of
the Parent Entity
Capital Stock - par value per share
Rp 100 (full amount),
Authorized Capital - 16,561,280,000 shares
Issued and Fully Paid
6,440,516,680 shares
Additional Paid - in Capital
Other Equity Component
Retained Earnings
Total Equity Attributable
to Owner of the Parent Entity
Non-Controlling Interest
Total Equity

2,604,216

2,619,736

TOTAL LIABILITIES AND EQUITY

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

CURRENT LIABILITIES
Short-term Bank Loans
Accounts Payable
Related Parties
Third Parties
Other Payables
Third Parties
Taxes Payable
Accrued Expenses
Current Portion of Long-term
Liabilities:
Bank Loans
Customer Financing Payables
Total Current Liabilities
NON CURRENT LIABILITIES
Long-term Liabilities Net of
Current Portion:
Bank Loans
Customer Financing Payables
Other Payables
Third Parties
Deferred Tax Liabilities
Estimated Liabilities on Employee Benefits
Total Non Current Liabilities

Total Liabilitas
EKUITAS
Ekuitas yang Dapat Diatribusikan kepada
Pemilik Entitas Induk
Modal Saham - nilai nominal per saham
Rp 100 (angka penuh),
Modal dasar - 16.561.280.000 saham
Modal Ditempatkan dan Disetor Penuh
6.440.516.680 saham
Tambahan Modal Disetor
Komponen Ekuitas Lainnya
Saldo Laba
Total Ekuitas Yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Kepentingan Non-Pengendali
Total Ekuitas

LIABILITIES
AND EQUITY

The accompanying notes form an integral part of these
consolidated financial statements

2

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN LABA RUGI KONSOLIDASIAN

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME

Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Catatan/
Note

30 Juni 2012
June 30, 2012

30 Juni 2011
June 30, 2011

PENJUALAN

3.q, 21

1,042,044

821,239

SALES

BEBAN POKOK PENJUALAN

3.q, 22

856,991

654,693

COST OF GOODS SOLD

185,053

166,546

GROSS PROFIT

(52,932)
(43,465)
(34,989)
(25,522)
222
18
512

(46,725)
(36,387)
(24,593)
24,282
1,077
427
1,413

28,897

86,040

General and Administrative Expenses
Selling Expenses
Interest Expense
Income (Loss) on Foreign Exchange
Interest Income
Income on Disposal of Fixed Assets
Others - Net
INCOME BEFORE
INCOME TAX

(2,818)
(4,491)
(7,309)

(17,886)
(3,945)
(21,831)

INCOME TAX EXPENSES
Current Tax
Deferred Tax
Total Income Tax Expenses

21,588

64,209

INCOME FOR THE PERIOD

LABA KOTOR
Beban Umum dan Administrasi
Beban Penjualan
Beban Bunga Pinjaman
Laba (Rugi) Selisih Kurs
Pendapatan Bunga Jasa Giro
Laba Pelepasan Aset Tetap
Lain-lain - Bersih
LABA SEBELUM
PAJAK PENGHASILAN

23.a
23.b

BEBAN PAJAK PENGHASILAN
Pajak Kini
Pajak Tangguhan
Total Beban Pajak Penghasilan

3.r, 26

8

LABA PERIODE BERJALAN
Total Laba Periode Berjalan yang
Dapat Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non-Pengendali

Total Income for Current Period
20,582
1,006

61,641
2,568

21,588

64,209

LABA PER SAHAM DASAR
(Angka Penuh)

3.x, 24

3.20

9.57

LABA PER SAHAM DILUSIAN
(Angka Penuh)

3.x, 24

3.20

9.57

BASIC EARNINGS PER SHARE
(Full Amount)
DILUTED EARNINGS PER SHARE

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

Attributable to:
Owner of the Parent Entity
Non-Controlling Interest

(Full Amount)

The accompanying notes form an integral part of these
consolidated financial statements

3

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME

Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Catatan/
Note

30 Juni 2012
June 30, 2012

LABA PERIODE BERJALAN

21,588

30 Juni 2011
June 30, 2011
64,209

PENDAPATAN KOMPREHENSIF LAINNYA
Selisih Kurs karena Penjabaran Laporan Keuangan

OTHER COMPREHENSIVE INCOME
3.d

TOTAL LABA KOMPREHENSIF
PERIODE BERJALAN
Total Laba Komprehensif yang
Dapat Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non-Pengendali

14,904

(9,892)

Currency Translation Adjustment

36,492

54,317

TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD

33,883
2,609
36,492

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

INCOME FOR THE PERIOD

52,814
1,503
54,317

Total Comprehensive Income
Attributable to:
Owner of the Parent Company
Non-Controlling Interest

The accompanying notes form an integral part of these
consolidated financial statements

4

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/ Equity Attributable to Owner of the Parent Entity

Catatan/
Note

Modal Saham/
Capital Stock

Tambahan Modal
Disetor/
Additonal Paid in Capital

Komponen Ekuitas Lainnya/
Other Equity Component
Selisih Kurs
Selisih Nilai
karena Penjabaran
Transaksi
Laporan Keuangan/
Restrukturisasi
Currency
Translation
Adjustment

SALDO PER 1 JAN. 2011

644,050

234,543

---2
-644,052

SALDO PER 1 JAN. 2012
Laba Periode Berjalan
Pendapatan Komprehensif Lainnya
Total Laba Komprehensif
Pembagian Dividen
SALDO PER 30 JUNI 2012

Laba Periode Berjalan
Pendapatan Komprehensif Lainnya
Total Laba Komprehensif
Konversi Waran
Pembagian Dividen
SALDO PER 30 JUNI 2011

3.d
1.e, 19, 20

3.d
19

Saldo Laba/
Retained Earnings

Kepentingan

Total Ekuitas/

Non-Pengendali/
Non-Controlling
Interest

Total Equity

to Owner of the
Parent Entity

Entitas Sepengendali/
Difference in Value
Resulting from
Restructuring
Transaction between
Entities Under
Common Control

(48,569)

(22,261)

253,911

--

--

--

61,641

61,641

--2
-234,545

(8,827)
(8,827)
--(57,396)

----(22,261)

-61,641
-(19,322)
296,230

(8,827)
52,814
4
(19,322)
1,095,170

644,052

234,545

(30,873)

(22,261)

284,736

1,110,199

----644,052

----234,545

-13,301
13,301
-(17,572)

----(22,261)

20,582
-20,582
(6,442)
298,876

20,582
13,301
33,883
(6,442)
1,137,640

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 31, 2012

Total Ekuitas yang
dapat Diatribusikan
Kepada Pemilik
Entitas Induk/
Total Equity Attributable

1,061,674

1,095,640

BALANCE AS OF JAN. 1, 2011

2,568

64,209

(1,065)
1,503
--35,469

(9,892)
54,317
4
(19,322)
1,130,639

Income For The Period
Other Comprehensive Income
Total Comprehensive Income
Warrant Conversion
Dividend Distribution
BALANCE AS OF JUNE 30, 2011

38,719

1,148,918

BALANCE AS OF JAN. 1, 2012

1,006
1,603
2,609
-41,328

21,588
14,904
36,492
(6,442)
1,178,968

Income For The Period
Other Comprehensive Income
Total Comprehensive Income
Dividend Distribution
BALANCE AS OF JUNE 30, 2012

33,966

The accompanying notes form an integral part of these
consolidated financial statements

5

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PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN ARUS KAS
KONSOLIDASIAN

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
CASH FLOWS

Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Catatan/
Note

30 Juni 2012
June 30, 2012

ARUS KAS DARI
AKTIVITAS OPERASI
Penerimaan Kas dari Pelanggan
Pembayaran Kas kepada Pemasok dan
Pihak Ketiga
Kas yang Dihasilkan dari Operasi
Penghasilan Bunga
Pembayaran Bunga
Pembayaran Pajak Penghasilan
Pembayaran Beban Usaha
Arus Kas Bersih Diperoleh
dari Aktivitas Operasi
ARUS KAS DARI
AKTIVITAS INVESTASI
Hasil Pelepasan Aset Tetap
Perolehan Aset Tetap
Arus Kas Bersih Digunakan untuk Aktivitas Investasi
ARUS KAS DARI
AKTIVITAS PENDANAAN
Pencairan Utang Bank Jangka Pendek
Pembayaran Utang Bank Jangka Pendek
Pencairan Utang Jangka Panjang:
Bank
Pembiayaan Konsumen
Pembayaran Utang Jangka Panjang:
Bank
Sewa Pembiayaan
Pembiayaan Konsumen
Setoran Modal
Penurunan Utang
Pihak Berelasi - Bersih
Kenaikan (Penurunan) Piutang
Pihak Berelasi - Bersih
Arus Kas Bersih Diperoleh (Digunakan)
dari Aktivitas Pendanaan

1,032,303

819,521

(800,886)
231,417

(630,864)
188,657

223
(34,989)
(13,920)
(99,950)

1,077
(24,589)
(57,740)
(72,189)

82,781

35,216

205
(25,540)
(25,335)

16
19

PENURUNAN KAS, SETARA KAS,
DAN CERUKAN
DAMPAK DARI PERUBAHAN KURS
TERHADAP KAS, SETARA KAS,
DAN CERUKAN
KAS, SETARA KAS, DAN
CERUKAN AWAL PERIODE
KAS, SETARA KAS, DAN
CERUKAN AKHIR PERIODE

4

789
(328,102)
(327,313)

CASH FLOWS FROM
OPERATING ACTIVITIES
Cash Received from Customers
Cash Paid to Suppliers and
Third Parties
Cash Provided from Operating Activities
Interest Received
Payment of Interest
Payment of Income Tax
Payments for Operating Expenses
Net Cash Flows Provided by
Operating Activities
CASH FLOWS FROM
INVESTING ACTIVITIES
Proceed from Disposal of Fixed Assets
Acquisitions of Fixed Assets
Net Cash Flows Used in Investing Activities

44,501
(94,825)

44,436
(56,143)

---

208,503
1,079

(43,917)
-(529)
--

(40,592)
(137)
(273)
4

--

(9,202)

63

(85)

(94,707)

147,590

CASH FLOWS FROM
FINANCING ACTIVITIES
Drawdown of Short-term Bank Loans
Payment of Short-term Bank Loans
Drawdown of Long-term Payables:
Bank
Customer Financing Payable
Payment of Long-term Payables:
Bank
Lease Payables
Customer Financing Payable
Paid in Capital
Decrease in Related Parties
Payable - Net
Increase (Decrease) in Related Parties
Receivable - Net
Net Cash Flows Provided (Used)
in Financing Activities

(37,261)

(144,507)

DECREASE IN CASH, CASH EQUIVALENT,
AND BANK OVERDRAFT

2,180

(4,179)

EXCHANGE RATES FLUCTUATION EFFECTS
ON CASH, CASH EQIVALENT,
AND BANK OVERDRAFT

78,074

248,305

CASH, CASH EQUIVALENT, AND BANK
OVERDRAFT AT BEGINNING OF PERIOD

42,993

99,619

CASH, CASH EQUIVALENT, AND BANK
OVERDRAFT AT END OF PERIOD

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

30 Juni 2011
June 30, 2011

The accompanying notes form an integral part of these
consolidated financial statements

6

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
LAPORAN ARUS KAS
KONSOLIDASIAN (Lanjutan)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
CASH FLOWS (Continued)

Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Catatan/
Note

30 Juni 2012
June 30, 2012

30 Juni 2011
June 30, 2011

Kas dan Setara Kas
Pada akhir periode terdiri dari:
Kas
Bank
Deposito

Cash and Cash Equivalent
4
287
56,631
-56,918
(13,925)
42,993

Cerukan
Jumlah Kas, Setara Kas, dan Cerukan
Aktivitas yang Tidak Mempengaruhi Arus Kas:
Kapitalisasi Biaya Pinjaman ke dalam
Aset Tetap
Kenaikan (Penurunan) Utang Bank dari

3.j, 8

Selisih Kurs
Deklarasi Dividen Tunai

349
81,168
46,633
128,150
(28,531)
Bank Overdraft
99,619 Total Cash, Cash Equivalent, and Bank Overdraft

--

1,361

45,027

(35,189)

6,442

19,322

Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan

d1/July 30, 2012

at end of period consisting of:
Cash on Hand
Cash in Banks
Time Deposits

Activities Not Affecting Cash Flows:
Capitalization of Borrowing Costs into
Fixed Assets
Increase (Decrease) of Bank Loans from
Exchange Rates
Cash Dividend declaration

The accompanying notes form an integral part of these
consolidated financial statements

7

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PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)
1.

PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Umum

1. General

1.a. Pendirian Perusahaan
PT Indopoly Swakarsa Industry Tbk (Perusahaan)
didirikan dalam rangka Undang-Undang Penanaman
Modal Asing No. 1 tahun 1967 juncto Undang-Undang
No. 11 tahun 1970 berdasarkan Akta No. 114 tanggal
24 Maret 1995 dari Benny Kristianto, SH, Notaris di
Jakarta, yang diubah dengan Akta No. 214 tanggal
26 Oktober 1995 dari notaris yang sama. Akta
pendirian beserta perubahannya telah disahkan oleh
Menteri Kehakiman Republik Indonesia daIam Surat
Keputusan No. C2-16.943.HT.01.01.Th.95 tanggal
22 Desember 1995, dan telah umumkan dalam Berita
Negara Republik Indonesia No. 41, Tambahan
No. 2019 tanggal 23 Mei 1997. Anggaran Dasar
Perusahaan telah mengalami beberapa kali
perubahan, terakhir dengan Akta Notaris No. 90
tanggal 25 Juni 2012 dari Popie Savitri Martosuhardjo
Pharmanto, S.H, sehubungan dengan perubahan
Anggaran Dasar Perusahaan. Atas perubahan ini telah
tercatat oleh Kementerian Hukum dan Hak Asasi
Manusia Republik Indonesia berdasarkan Surat
Penerimaan Pemberitahuan No. AHU-AH01.10-23540
dan AHU-AH01.10-23541 tanggal 28 Juni 2012.

1.a. The Establishment of the Company
PT Indopoly Swakarsa Industry Tbk (The Company)
was established under the Foreign Capital
Investment Law No. 1 year 1967 juncto Law No. 11
in 1970, based on Notarial Deed No. 114 dated
March 24, 1995 of Benny Kristianto, SH, Notary in
Jakarta, which subsequently was changed with Deed
No. 214 dated October 26, 1995 from the same
notary. The deed of establishment and its
amendment have been approved by the Minister of
Justice of Republic of Indonesia in his decree
No. C2-16.943.HT.01.01.Th.95 dated December 22,
1995, and has been published in the State Gazette of
the Republic of Indonesia No. 41, Supplement No.
2019 dated May 23, 1997. The Company’s Articles of
Association have been amended several times, most
recently by the Deed No. 90 dated June 25, 2012 of
Popie Savitri Martosuhardjo Pharmanto, SH,
concerning the latest changes in Company’s Articles
of Association. The amendmend deed had been
approved by the Ministry of Law and Human Rights
of the Republic of Indonesia in its decree
No. AHU-AH01.10-23540 and AHU-AH01.10-23541
dated June 28, 2012.

Perusahaan berkedudukan di Jakarta dengan pabrik
berlokasi di Kecamatan Bungursari, Purwakarta, Jawa
Barat dan Kantor Pusat Perusahaan beralamat di
Wisma Indosemen lantai 5, Jalan Jenderal Sudirman
Kavling 70-71, Jakarta.

The Company is domiciled at Jakarta with its factory
located at Subdistrict Bungursari, Purwakarta, West
Java and the Company’s head office is located at
Wisma Indosemen 5th floor, Jalan Jenderal Sudirman
Kavling 70-71, Jakarta.

Sesuai dengan pasal 3 Anggaran Dasar Perusahaan,
ruang lingkup kegiatan Perusahaan terutama meliputi
bidang industri plastik lembaran serta perdagangan
besar dan impor.

In accordance with Article 3 of the Company's
Articles of Association, the Company’s scope of
activities is in the plastic sheets industry and trading
and imports.

Jefflyne Golden Holdings Pte Ltd, pemegang saham
mayoritas Perusahaan, merupakan perusahaan yang
99,9% sahamnya dimiliki oleh Gilbert Investment Ltd.

Jefflyne Golden Holdings Pte Ltd, the Company’s
major shareholder, is 99.9% owned by Gilbert
Investment Ltd.

1.b. Komisaris, Direksi dan Karyawan
Susunan pengurus Perusahaan pada tanggal 30 Juni
2012 dan 31 Desember 2011 adalah sebagai berikut:

1.b. Commissioners, Directors and Employees
The composition of the Company’s management as
of June 30, 2012 and December 31, 2011 is as
follows:

Dewan Komisaris
Presiden Komisaris
Komisaris
Komisaris Independen

30 Juni 2012
June 30, 2012

31 Des. 2011
Dec. 31, 2011

Felielyne Halim
Ryan Permana
Irawan
Sastrotanojo

Felielyne Halim
Ryan Permana
Irawan
Sastrotanojo

Board of Commissioners

8

President Commissioner
Commissioner
Independent Commissioner

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

Dewan Direksi
Presiden Direktur
Wakil Presiden Direktur
Direktur

Direktur tidakTerafiliasi

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

30 Juni 2012

31 Des. 2011

June 30, 2012

Dec. 31, 2011

Henry Halim

Henry Halim
Ronny Wuisan

Board of Dicrectors
President Director
Vice President Director
Directors

--

Sichaburamli

Kho Tiat Hong

Bambang Widjaja
Leo Firdaus
Pe Maria Indra

Bambang Widjaja
Leo Firdaus
Pe Maria Indra

Jose Gonjoran
Tan

Jose Gonjoran
Tan

Perusahaan mulai berproduksi secara komersial pada
tanggal 1 Juni 1996. Hasil produksi Perusahaan
dipasarkan di dalam dan di luar negeri. Pada
30 Juni 2012 dan 31 Desember 2011 jumlah karyawan
tetap adalah masing-masing 1.027 dan 1.009 (tidak
diaudit).

Unaffiliated Director

The Company started its commercial operations on
June 1, 1996. The Company’s products are
distributed for local and export. As of June 30, 2012
and December 31, 2011, total permanent employees
are 1,027 and 1,009 (unaudited), respectively.

1.c. Komite Audit
1.c. Audit Committee
Sesuai dengan surat keputusan rapat Dewan
According to the Board of Commissioners’ decision
Komisaris tanggal 7 Oktober 2011, Perusahaan
letter dated October 7, 2011, the Company has
membentuk Komite Audit yang beranggotakan sebagai
formed an Audit Committee consisting of the following
berikut:
members:
Ketua Komite Audit
Irawan Sastrotanojo
Head of Audit Committee
Anggota
Dewi Komala
Members
Catherine Bong
1.d. Struktur Entitas Anak
Perusahaan memiliki, baik langsung maupun tidak
langsung, lebih dari 50% saham entitas anak sebagai
berikut:

1.d. Subsidiaries’ Structure
The Company owns, direct or indirect interest of
more than 50% in the following subsidiaries:
.

Perusahaan Anak/
Subsidiaries

Golden Polindo Industries Pte Ltd

Pokok Kegiatan
Usaha/
Main Business
Activity
Investasi/Investment

Tahun
Kedudukan/
Beroperasi/ Domicile
Year of
Commercial
Operation

Persentase Kepemilikan/
Percentage of Ownership
30 Juni 2012
31 Des. 2011
June 30, 2012 Dec. 31, 2011
%
%

Jumlah Aset/
Total Assets
30 Juni 2012
31 Des. 2011
June 30, 2012 Dec. 31, 2011
Rp
Rp

1994

Singapore

89.24

89.24

788,870

836,391

Suzhou Kunlene Film Industries Co Ltd * Pabrikan/Manufacturing
of Biaxially Oriented
Polypropylene films

2002

China

100.00

100.00

538,366

540,592

Yunnan Kunlene Film Industries Co Ltd * Pabrikan/Manufacturing
of Biaxially Oriented
Polypropylene films

1994

China

100.00

100.00

325,150

356,807

* Perusahaan yang secara tidak langsung dimiliki melalui Golden Polindo Industries Pte Ltd/
Entities indirectly owned through Golden Polindo Industries Pte Ltd

d1/July 30, 2012

9

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PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Berdasarkan perjanjian Mutual Agreement on Golden
Polindo Industries Pte Ltd Shares Transfer tanggal
2 Januari 2009, Perusahaan bersama Jefflyne Golden
Holdings Pte Ltd (JG), Kimpoli Pte Ltd (KPL) dan Golden
Polindo Industries Pte Ltd (GPI) menyetujui pengalihan
saham, masing-masing 242.000 saham GPI milik JG
dan 4.358.000 saham milik KPL dengan harga
pembelian masing-masing sebesar SGD 2,098,412 dan
SGD 37,829,588 atau total sebesar SGD 39,928,000
yang mewakili kepemilikan sebesar 89,24% di GPI.

Based on the Mutual Agreement on Golden Polindo
Industries Pte Ltd Shares Transfer dated
January 2, 2009, between the Company with Jefflyne
Golden Holdings Pte Ltd (JG), Kimpoli Pte Ltd (KPL)
and Golden Polindo Industries Pte Ltd (GPI), the
parties had agreed to the transfer of 242,000 GPI’s
shares owned by JG and 4,358,000 GPI’s shares
owned by KPL with the purchase price amounting to
SGD 2,098,412 and SGD 37,829,588 respectively or
for total of SGD 39,928,000 and representing 89.24%
ownership in GPI.

Sesuai dengan Pasal 2 dari Perjanjian Mutual tersebut,
para pihak yang menandatangani perjanjian menyetujui
bahwa terhitung tanggal perjanjian, semua hak dan
manfaat JG dan KPL atas kepemilikannya di GPI beralih
ke Perusahaan. Berdasarkan perjanjian ini, Perusahaan
memperoleh konsekuensi keuangan berkaitan dengan
peralihan kepemilikan JG dan KPL kepada Perusahaan
antara lain hak atas pendapatan, beban, aset, liabilitas
dan ekuitas.

In accordance with Article 2 of the said Mutual
Agreement, the parties to the agreement agreed that,
at the effective date of the agreement, all rights and
beneficial titles of JG and KPL in GPI were
transferred to the Company. As a result, the
Company therefore assumed financial consequences
related to the transfer of ownership of JG and KPL to
the Company, among others, the right for revenues,
expenses, assets, liabilities and equity.

Selanjutnya Perjanjian Mutual tanggal 2 Januari 2009
tersebut, dieksekusi pada tanggal 29 Desember 2009
berdasarkan Share Sale and Purchase Agreement
tanggal 23 Desember 2009.

The said Mutual Agreement dated January 2, 2009
was completed and executed on December 29, 2009
based on the Share Sale and Purchase Agreement
dated December 23, 2009.

JG dan KPL merupakan entitas-entitas yang berada
dalam pengendalian yang sama dengan Perusahaan.
Oleh karena itu, transaksi tersebut di atas dicatat sesuai
dengan PSAK No. 38 (Revisi 2004) tentang “Akuntansi
Restrukturisasi Entitas Sepengendali”. Selisih antara
bagian kepemilikan Perusahaan atas aset bersih
sebesar Rp 243.340 dengan biaya perolehan investasi
sebesar Rp 265.601 yaitu sebesar Rp 22.261 dicatat
sebagai Selisih Nilai Transaksi Restrukturisasi Entitas
Sepengendali di bagian ekuitas dalam laporan posisi
keuangan konsolidasian.

JG and KPL are entities that are under common
control with the Company. Accordingly, the above
transaction is recorded in conformity with
PSAK No. 38 (Revised 2004) concerning
“Accounting for Restructuring of Companies under
Common Control”. The difference between the
Company’s share on net asset value of Rp 243,340
and the investment acquisition cost of Rp 265,601
amounted to Rp 22,261 is recorded as Difference in
Value Resulting from Restructuring Transactions
between Entities under Common Control under the
equity section of the consolidated statements of
financial position.

Dengan demikian, laporan keuangan GPI dan entitas
anak dikonsolidasikan ke laporan keuangan
Perusahaan.

Thus, the financial statements of GPI and its
subsidiaries were consolidated into the Company's
financial statements.

1.e. Penawaran Umum Saham Perdana
Pada tanggal 30 Juni 2010, Perusahaan memperoleh
Surat Pernyataan Efektif dari Ketua Badan Pengawas
Pasar modal dan Lembaga Keuangan (Bapepam-LK)
No. S-5908/BL/2009 untuk melakukan Penawaran
Umum Saham Perdana 2.300.178.500 lembar Saham
Biasa kepada masyarakat dengan nilai nominal
Rp 100 (angka penuh) per saham dan harga penawaran
Rp 210 (angka penuh) per saham.

1.e. Initial Public Offering
On June 30, 2010, the Company obtained an
Effectiveness Notice from the Chairman of Capital
Market and Financial Institution Supervisory Agency
(Bapepam-LK) No. S-5908/BL/2009 for the
Company’s Initial Public Offering of 2,300,178,500 of
Rp100 (full amount) par value per share to the public
at an offering price of Rp 210 (full amount) per share.

d1/July 30, 2012

10

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PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Selisih lebih jumlah yang diterima dari pengeluaran
saham terhadap nilai nominalnya sebesar Rp 253.020,
dicatat dalam akun “Tambahan Modal Disetor“ setelah
dikurangi total biaya emisi saham sebesar Rp 19.017
(lihat Catatan 20).

The excess amount received from the issuance of
stock over its par value amounting to Rp 253,020 is
recorded in the “Additional Paid in Capital” account,
after deducting stock issuance cost of Rp 19,017
(see Note 20).

Berkenaan dengan Penawaran Umum Saham Perdana,
Perusahaan juga menerbitkan 460.035.700 Waran Seri I
menyertai Saham Biasa, dimana setiap 5 saham baru
berhak memperoleh 1 Waran Seri I yang diberikan
secara cuma-cuma sebagai insentif bagi pemegang
saham baru.

In relation to this Initial Public Offering, the Company
also issued 460,035,700 Series I Warrants, for which
each holder of 5 new shares were entitled to receive
1 Series I Warrant as incentive for new shareholder.

Waran Seri I ini memberikan hak kepada pemegangnya
untuk melakukan pembelian saham biasa atas nama
yang bernominal Rp 100 per saham dengan harga
sebesar 250 per saham selama periode pelaksanaan
dari tanggal 10 Januari 2011 sampai dengan 9 Juli 2013.

Each Series I Warrant reserves the right to purchase
common share with a par value of Rp100 per share
at an exercise price of Rp 250 per share during the
exercise period starting from January 10, 2011 up to
July 9, 2013.

Pada tanggal 30 Juni 2012, sejumlah 6.440.516.680
saham Perusahaan tercatat pada Bursa Efek Indonesia.

On June 30, 2012, the Company’s shares of
6,440,516,680 shares are listed at Indonesia Stock
Exchange.

2. Penerapan Pernyataan Standar Akuntansi
yang telah Direvisi

2. Adoption of Revised Statement of Financial
Accounting Standards

Perusahaan telah menerapkan standar akuntansi
berikut terhadap laporan keuangan konsolidasian pada
tanggal 1 Januari 2012 yang dianggap relevan namun
tidak menimbulkan dampak signifikan:
·
·
·
·
·
·
·
·
·
·
·
·
·
·

The Company also adopted the following revised
accounting standards to the consolidated financial
statements on January 1, 2012, which are considered
relevant but did not have significant impact :

PSAK No. 10 (Revisi 2010): ”Pengaruh Perubahan
Kurs Valuta Asing”
PSAK No. 13 (Revisi 2011): “Properti Investasi”

·
·

PSAK No. 16 (Revisi 2011): “Aset Tetap”
PSAK No. 18 (Revisi 2010): “Akuntansi dan
Pelaporan Program Manfaat Purnakarya”
PSAK No. 24 (Revisi 2010): ”Imbalan Kerja”
PSAK No. 26 (Revisi 2011): “Biaya Pinjaman”
PSAK No. 30 (Revisi 2011): “Akuntansi Guna
Usaha”
PSAK No. 46 (Revisi 2010): “Akuntansi Pajak
Penghasilan”
PSAK No. 50 (Revisi 2010): ”Instrumen Keuangan:
Penyajian”
PSAK No. 53 (Revisi 2010): “Pembayaran
Berbasis Saham”
PSAK No. 60: ”Instrumen Keuangan:
Pengungkapan”
PSAK No. 62: “Kontrak Asuransi”
PSAK No. 63: “Pelaporan Keuangan dalam
Ekonomi Hiperinflasi”
ISAK No. 13: “Lindung Nilai Investasi Neto dalam
Kegiatan Usaha Luar Negeri”

d1/July 30, 2012

·
·
·
·
·
·
·
·
·
·
·
·

11

SFAS No. 10 (Revised 2010): “The Effects of
Changes in Foreign Exchange Rates”
SFAS No. 13 (Revised 2011): “Investment
Property”
SFAS No. 16 (Revised 2011): “Fixed Assets”
SFAS No. 18 (Revised 2010): “Accounting and
Reporting by Retirement Benefit Plans”
SFAS No. 24 (Revised 2010): ”Employee Benefits”
SFAS No. 26 (Revised 2011): “Borrowing Costs”
SFAS No. 30 (Revised 2011): “Leases”
SFAS No. 46 (Revised 2010): “Accounting for
Income Taxes”
SFAS No. 50 (Revised 2010): ”Financial
Instrument: Presentation”
SFAS No. 53 (Revised 2010): “Share-based
Payment”
SFAS No. 60: ”Financial Instrument: Disclosures”
SFAS No. 62: “Insurance Contract”
SFAS No. 63: “Financial Reporting in
Hyperinflationary Economies”
IFAS No. 13: “Hedges of a Net Investment in a
Foreign Operation”
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PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)
·

·
·

·
·
·
·

·
·

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

ISAK No. 15: “PSAK No. 24 - Batas Aset Imbalan
Pasti, Persyaratan Pendanaan Minimum dan
Interaksinya”
ISAK No. 16: “Perjanjian Konsesi Jasa”
ISAK No. 19: “Aplikasi Pendekatan Penyajian
Kembali pada PSAK 63 Pelaporan Keuangan
dalam Ekonomi Hiperinflasi”
ISAK No. 20: “Pajak Penghasilan-Perubahan
Status Pajak Entitas atau Pemegang Sahamnya”
ISAK No. 22: “Perjanjian Konsesi Jasa:
Pengungkapan”
ISAK No. 23: “Sewa Operasi – Insentif”
ISAK No. 24: “Evaluasi Substansi Beberapa
Transaksi yang Melibatkan Suatu Bentuk Legal
Sewa”
ISAK No. 25: “Hak Atas Tanah”
ISAK No. 26: “Penilaian Ulang Derivatif Melekat”

3. Ikhtisar Kebijakan Akuntansi Penting

·

·
·

·
·
·
·

·
·
3.

IFAS No. 15: “SFAS No. 24 - The Limit on a
Defined Benefit Asset, Minimum Funding
Requirements and their Interaction”
IFAS No. 16: “Service Concession Arrangements”
IFAS No. 19: “Applying the Restatement Approach
under SFAS 63: Financial Reporting in
Hyperinflationary Economies”
IFAS No. 20: “Income Taxes-Changes in the Tax
Status of an Entity or its Shareholders”
IFAS No. 22: “Service Concession Arrangements:
Disclosure”
IFAS No. 23: “Operating Leases – Incentives”
IFAS No. 24: “Evaluating the Substance of
Transactions Involving the Legal Form of a Lease”
IFAS No. 25: “Rights Arising from Land”
IFAS No. 26: “Reassessment of Embedded
Derivatives”

Summary of Significant Accounting Policies

3.a. Kepatuhan Terhadap Standar Akuntansi Keuangan
(SAK)
Laporan keuangan Perusahaan telah disusun sesuai
dengan Standar Akuntansi Keuangan di Indonesia
yang meliputi Pernyataan Standar Akuntansi Keuangan
(PSAK) dan Interpretasi Standar Akuntansi Keuangan
(ISAK) yang diterbitkan oleh Dewan Standar Akuntansi
Keuangan – Ikatan Akuntan Indonesia (IAI), serta
Peraturan Badan Pengawas Pasar Modal dan
Lembaga Keuangan (Bapepam-LK) No. VIII.G.7
(Revisi 2000) tentang “Pedoman Penyajian Laporan
Keuangan” dan Keputusaan No. KEP-554/BL/2010
tentang perubahan atas Peraturan No. VIII.G.7 dan
ketentuan akuntansi lainnya yang lazim berlaku di
Pasar Modal.

3.a. Compliance of Financial Accounting Standards
(FAS)
The Company’s financial statements has been
prepared in accordance with Indonesian Financial
Accounting Standards which include the Statement of
Financial Accounting Standards (SFAS) and
Interpretation of Financial Accounting Standards
(IFAS) issued by the Financial Accounting Standards
Board - Indonesian Institute of Accountants (IIA) and
Regulations of Capital Market and Supervisory Board
and Financial Institution (Bapepam-LK) No. VIII.G.7
(Revision 2000) regarding the “Preparation of
Financial
Statements”
and
Decree
No. KEP-554/BL/2010 regarding Amendment to
Regulation No. VIII.G.7 and other accounting policies
which are prevalent in the Capital Market.

3.b. Dasar Pengukuran dan Penyusunan Laporan
Keuangan Konsolidasian
Laporan keuangan konsolidasian disusun berdasarkan
asumsi kelangsungan usaha serta atas dasar accrual,
kecuali laporan arus kas konsolidasian yang
menggunakan dasar kas. Dasar pengukuran dalam
penyusunan laporan keuangan konsolidasian ini
adalah konsep biaya perolehan, kecuali beberapa akun
tertentu yang didasarkan pengukuran lain
sebagaimana dijelaskan dalam kebijakan akuntansi
masing-masing akun tersebut.

3.b. Basis of Measurement and Preparation of
Consolidated Financial Statements
The consolidated financial statements have been
prepared based on going concern assumption and
accrual basis, except for the consolidated statements
of cash flows which use cash basis. Basis of
measurement in preparation of these consolidated
financial statements is the historical costs concept,
except for certain accounts which have been prepared
on the basis of other measurements as described in
their respective policies.

Laporan arus kas konsolidasian disajikan dengan
metode langsung (direct
method) dengan
mengelompokkan arus kas dalam aktivitas operasi,
investasi dan pendanaan. Untuk tujuan ini, kas dan
setara kas disajikan setelah dikurangi dengan cerukan.

The consolidated statements of cash flows are
prepared using the direct method by classifying cash
flows into operating, investing and financing activities
For these purposes, cash and cash equivalent are
shown net of bank overdrafts.

d1/July 30, 2012

12

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PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Mata uang pelaporan yang digunakan dalam
penyusunan laporan keuangan konsolidasian ini
adalah Rupiah.

The reporting currency used in the preparation of the
consolidated financial statements is Indonesian
Rupiah.

3.c. Prinsip-prinsip Konsolidasi
Laporan keuangan konsolidasian mencakup laporan
keuangan Perusahaan dan entitas-entitas yang
dikendalikan secara langsung ataupun tidak langsung
dengan persentase kepemilikan lebih dari 50% seperti
disebutkan pada catatan 1.d.

3.c. Principles of Consolidation
The consolidated financial statements incorporate the
financial statements of the Company and entities in
which the Company has ability to directly or indirectly
exercise control with ownership percentage of more
than 50%, as described in Note 1.d.

Pengendalian juga ada ketika entitas induk memiliki
setengah atau kurang kekuasaan suara suatu entitas
jika terdapat:
a. kekuasaan yang melebihi setengah hak suara
sesuai perjanjian dengan investor lain;
b. kekuasaan yang mengatur kebijakan keuangan dan
operasional entitas berdasarkan anggaran dasar
atau perjanjian;
c. kekuasaan untuk menunjuk atau mengganti
sebagian besar direksi atau organ pengatur setara
dan mengendalikan entitas melalui direksi atau
organ tersebut; atau
d. kekuasaan untuk memberikan suara mayoritas pada
rapat dewan direksi atau organ pengatur setara dan
mengendalikan entitas melalui direksi atau organ
tersebut.

Control also exists when the parent owns half or less
of the voting power of an entity when there is:
a. power over more than half of the voting rights by
virtue of an agreement with other investors;
b. power to govern the financial and operating policies
of the entity under a statute or an agreement;
c. power to appoint or remove the majority of the
members of the board of directors or equivalent
governing body and control of the entity is by that
board or body; or
d. power to cast the majority of votes at meetings of
the board of directors or equivalent governing body
and control of the entity is by that board or body.

Keberadaan dan dampak dari hak suara potensial yang
dapat dilaksanakan atau dikonversi pada tanggal
periode pelaporan harus dipertimbangkan ketika
menilai apakah suatu entitas mempunyai kekuasaan
untuk mengatur kebijakan keuangan dan operasional
entitas lain.

The existence and effect of potential voting rights that
exercisable or convertible on the date of the reporting
period should be considered when assessing whether
an entity has the power to govern financial and
operating policies of another entity.

Entitas dikonsolidasikan sejak tanggal dimana
pengendalian efektif beralih kepada Perusahaan dan
tidak lagi dikonsolidasikan sejak Perusahaan tidak
mempunyai pengendalian efektif.
Pengaruh dari seluruh transaksi dan saldo antara
perusahaan-perusahaan di dalam Perusahaan yang
material telah dieliminasi dalam penyajian laporan
keuangan konsolidasian untuk mencerminkan posisi
keuangan dan hasil usaha Perusahaan sebagai satu
kesatuan.

The entities are consolidated from the date on which
effective control was transferred to the Company and
are no longer consolidated when the Company
ceases to have effective control.
The effects of all significant transactions and balances
between companies within the Company have been
eliminated in the consolidated financial statements to
reflect the financial position and results of operations
of the Company as one business entity.

Kepentingan non pengendali atas laba (rugi) bersih
dan ekuitas entitas anak dinyatakan sebesar proporsi
pemegang saham minoritas atas laba (rugi) bersih dan
ekuitas entitas anak.

Non-controling interest of net income (loss) and equity
of subsidiary is stated at as proportion minority
shareholders on net income (loss) and equity of
subsidiary.

d1/July 30, 2012

13

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

3.d. Transaksi dan Penjabaran Laporan dalam Mata
Uang Asing
Pembukuan Perusahaan diselenggarakan dalam mata
uang Rupiah. Transaksi-transaksi selama periode
berjalan dalam mata uang asing dicatat dengan kurs
yang berlaku pada saat terjadinya transaksi.

3.d. Transactions
and
Financial
Statements
Translation in Foreign Currencies
The book of accounts of the Company is maintained
in Rupiah. Transactions during the period involving
foreign currencies are recorded at the rates of
exchange prevailing at the time the transactions are
made.

Pada tanggal laporan posisi keuangan, aset dan
liabilitas moneter dalam mata uang asing disesuaikan
untuk mencerminkan kurs yang berlaku pada tanggal
tersebut. Keuntungan atau kerugian kurs yang timbul
dikreditkan atau dibebankan dalam laporan laba rugi.

At statement of financial position date, monetary
assets and liabilities denominated in foreign
currencies are adjusted to reflect the rates of
exchange prevailing at that date. The resulting gains
or losses are credited or charged to statement of
income.

Pembukuan Golden Polindo Industries Pte Ltd, Suzhou
Kunlene Film Industries Co Ltd dan Yunnan Kunlene
Film Industries Co Ltd diselenggarakan dalam
Renminbi China (RMB). Untuk tujuan penyajian
laporan keuangan konsolidasi, aset dan liabilitas
Golden Polindo Industries Pte Ltd, Suzhou Kunlene
Film Industries Co Ltd dan Yunnan Kunlene Film
Industries Co Ltd pada tanggal laporan posisi
keuangan dijabarkan masing-masing dengan
menggunakan kurs yang berlaku pada tanggal
tersebut, sedangkan pendapatan dan beban
dijabarkan dengan menggunakan kurs rata-rata.
Selisih kurs yang terjadi dicatat dalam Pendapatan
Komprehensif Lainnya sebagai “Selisih Kurs karena
Penjabaran Laporan Keuangan”.

The books of accounts of Golden Polindo Industries
Pte Ltd, Suzhou Kunlene Film Industries Co Ltd and
Yunnan Kunlene Film Industries Co Ltd are
maintained in Chinese Renminbi (RMB). For
consolidation purposes, the assets and liabilities of
Golden Polindo Industries Pte Ltd, Suzhou Kunlene
Film Industries Co Ltd and Yunnan Kunlene Film
Industries Co Ltd at statement of financial position
date are translated into Rupiah using the exchange
rates at statement of financial position date, while
revenues and expenses are translated at the
average rates of exchange for the year. The
resulting foreign exchange difference is recorded
in Other Comprehensive as “CurrencyTranslation
Adjustment”.

Kurs yang digunakan pada tanggal 30 Juni 2012 dan
31 Desember 2011 adalah (angka penuh):

The rates used as of June 30, 2012 and December
31, 2011 are as follows (full amount):

Mata Uang
USD
SGD
RMB
EUR
THB

30 Juni 2012
June 30, 2012
9.480,00
7.415,24
1.498,84
11.801,19
297,55

31 Des. 2011
Dec. 31, 2011
9.068,00
6.974,33
1.439,16
11.738,99
285,61

Currencies
USD
SGD
RMB
EUR
THB

3.e. Kas dan Setara Kas
Kas dan setara kas mencakup kas dan deposito
berjangka yang jatuh temponya tiga bulan atau kurang.
Deposito berjangka yang dibatasi penggunaannya,
disajikan sebagai bagian dari “Aset lain-lain”.

3.e. Cash and Cash Equivalent
Cash and cash equivalents include cash on hand
and time deposits with original maturities of three
months or less. Time deposits which are restricted
in use, are classified as part of “Other assets”.

3.f. Piutang
Piutang usaha adalah jumlah tagihan kepada
pelanggan untuk barang yang dijual atau jasa yang
dilakukan dalam kegiatan usaha normal. Jika tagihan
tersebut diharapkan dalam jangka waktu satu tahun
atau kurang (atau dalam siklus operasi normal usaha
jika lebih lama), piutang diklasifikasikan sebagai aset
lancar. Jika tidak, piutang disajikan sebagai aset tidak
lancar.

3.f.

d1/July 30, 2012

14

Receivables
Accounts receivable are amounts due from
customers for goods sold or service performed in
the ordinary course of business. If the collection is
expected in one year or less (or in the normal
operating cycle of the business if longer), they are
classified as current assets. Otherwise, they are
presented as non-current assets.

paraf:

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
30 Juni 2012 (Tidak Diaudit) dan
31 Desember 2011 (Diaudit) dan
Periode Enam Bulan yang Berakhir pada Tanggal
30 Juni 2012 dan 2011 (Tidak Diaudit)
(Dalam jutaan Rupiah, kecuali dinyatakan lain)

PT INDOPOLY SWAKARSA INDUSTRY Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
June 30, 2012 (Unaudited) and
December 31, 2011 (Audited) and
Six Months Period Ended
June 30, 2012 and 2011 (Unaudited)
(In million Rupiah, unless otherwise stated)

Piutang usaha diakui sebesar nilai wajar dan
selanjutnya diukur pada biaya perolehan diamortisasi
dengan menggunakan metode bunga efektif, dikurangi
penyisihan atas penur