Krakatau Steel Biilingual US Dollar 30 Juni 2014 Released
PT Krakat au St eel (Persero) Tbk
dan ent it as anaknya/ and it s subsidiaries
Laporan keuangan konsolidasian interim
tanggal 30 Juni 2014 dan periode enam bulan yang berakhir
pada tanggal tersebut (Tidak Diaudit) beserta laporan atas reviu
informasi keuangan interim/
Int erim consolidat ed financial st at ement s
as of June 30, 2014 and six-month period t hen ended (Unaudit ed)
wit h report on review of int erim financial informat ion
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) TBK
dan Entitas Anaknya
LAPORAN KEUANGAN KONSOLIDASIAN INTERIM
TANGGAL 30 JUNI 2014 DAN PERIODE ENAM
BULAN YANG BERAKHIR PADA TANGGAL
TERSEBUT (TIDAK DIAUDIT)
BESERTA LAPORAN ATAS REVIU INFORMASI
KEUANGAN INTERIM
PT KRAKATAU STEEL (PERSERO) TBK
and Its Subsidiaries
INTERIM CONSOLIDATED FINANCIAL
STATEMENTS
AS OF JUNE 30, 2014 AND SIX-MONTH PERIOD
THEN ENDED (UNAUDITED)
WITH REPORT ON REVIEW OF INTERIM
FINANCIAL INFORMATION
Halaman/
Page
Daftar Isi
Table of Contents
Report on Review of Interim Financial Information
Laporan atas Reviu Informasi Keuangan Interim
Laporan Posisi Keuangan Konsolidasian
Interim …………...…………………….……………
1-3
Interim Consolidated Statement of Financial
...…....…………………………………… Position
Laporan Laba Rugi Komprehensif Konsolidasian
Interim ……………………………………………...
4-5
Interim Consolidated Statement of Comprehensive
…………………...……………………..… Income
Laporan Perubahan Ekuitas Konsolidasian
Interim ………………………………………………
6
Interim Consolidated Statement of Changes
.……………………..…………………… in Equity
Laporan Arus Kas Konsolidasian Interim ……….….
7
...... Interim Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
Interim …………………….………………………...
8 - 178
Notes to the Interim Consolidated Financial
.…...…..…………..…………………. Statements
**************************
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
Catatan/
Notes
ASET
ASET LANCAR
Kas dan setara kas
Investasi jangka pendek
Deposito berjangka yang dibatasi
penggunaannya
Piutang usaha, setelah dikurangi
cadangan kerugian penurunan nilai
sebesar US$3.354 pada tanggal
30 Juni 2014 dan US$3.434
pada tanggal 31 Desember 2013
Pihak ketiga
Pihak berelasi
Piutang lain-lain, setelah dikurangi
cadangan kerugian penurunan nilai
sebesar US$568 pada tanggal
30 Juni 2014 dan US$558
pada tanggal 31 Desember 2013
Pihak ketiga
Pihak berelasi
Persediaan, neto
Uang muka dan biaya dibayar di muka
Pajak dibayar di muka
Total Aset Lancar
ASET TIDAK LANCAR
Estimasi tagihan pajak
Penyertaan saham, neto
Aset pajak tangguhan, neto
Aset tetap, setelah dikurangi akumulasi
penyusutan sebesar US$658.671
pada tanggal 30 Juni 2014 dan
US$622.596 pada tanggal
31 Desember 2013
Aset lain-lain
Aset real estat
Aset yang tidak digunakan dalam
operasi
Kas dan deposito berjangka yang
dibatasi penggunaannya
Lain-lain
ASSETS
207.717
22
2c,2d,2e,2f
4,9,32,36
2d,2f,5,32,36
2c,2e,2f
6,9,15,32
2d,2f,3
7,15,21
32,36
168.594
118.106
15.075
24.735
610.352
52.073
21.707
2c,9,12
2g,3,10,15,21
2d,2h,11,36
2r,18
1.218.381
235.509
54.403
CURRENT ASSETS
Cash and cash equivalents
7.810
Short-term investments
26
18.158
38.832
519.086
35.515
9.391
Restricted time deposits
Trade receivables, net of
allowance for impairment
losses of US$3,354 as of
June 30, 2014 and US$3,434
as of December 31, 2013
Third parties
Related parties
Other receivables, net of
allowance for impairment
losses of US$568 as of
June 30, 2014 and US$558
as of December 31, 2013
Third parties
Related parties
Inventories, net
Advances and prepaid expenses
Prepaid taxes
1.095.219
Total Current Assets
54.448
NON-CURRENT ASSETS
Estimated claims for tax refund
159.101
117.068
2c,9
2d,2f,8,
17,32,36
41.629
190.232
2r,18
2d,2f,2i
12,32,36
2r,3,18
2j,3
13,15,21
255.417
38.012
15.234
2k
13.987
Investments in shares of stock, net
Deferred tax assets, net
Fixed assets, net of accumulated
depreciation of US$658,671
as of June 30, 2014 and
US$622,596 as of
December 31, 2013
Other assets
Real estate assets
2.075
2j,13
2c,2d,2e,2f
21,32,36
2d,2f,2j
32,34,36
3.659
Assets not used in operations
19.798
Restricted cash and time deposits
41.226
Others
936.358
24.162
41.635
857.738
Total Aset Tidak Lancar
1.351.005
1.284.285
Total Non-Current Assets
TOTAL ASET
2.569.386
2.379.504
TOTAL ASSETS
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
1
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM (lanjutan)
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
Catatan/
Notes
LIABILITAS DAN EKUITAS
LIABILITIES AND EQUITY
LIABILITAS JANGKA PENDEK
Pinjaman bank jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain
Pihak ketiga
Pihak berelasi
Utang pajak
Beban akrual
Liabilitas imbalan kerja jangka
pendek
Uang muka penjualan dan lainnya
Bagian pinjaman jangka panjang yang
jatuh tempo dalam waktu satu tahun
Bagian liabilitas keuangan jangka
panjang yang jatuh tempo dalam
waktu satu tahun
Total Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Liabilitas pajak tangguhan, neto
Pinjaman jangka panjang, setelah
dikurangi bagian yang jatuh tempo
dalam waktu satu tahun
Liabilitas keuangan jangka panjang,
setelah dikurangi bagian yang
jatuh tempo dalam waktu satu tahun
Liabilitas imbalan kerja jangka
panjang
Total Liabilitas Jangka Panjang
TOTAL LIABILITAS
CURRENT LIABILITIES
927.607
182.209
69.275
16.266
3.249
9.390
35.191
2c,2d,2f,6,7,9,
10,13,15,32,36
2d,2f
16,32,36
2c,9
2d,2f
17,32,36
2c,9
2r,3,18
2d,2f,19,32,36
14.384
27.517
2f,2q,3,23
2c,2d,9,20,36
2c,2d,2f,7,9,
57.506 10,13,21,32,36
625
2d,2f,22,
32,36
1.343.219
800.476
59.826
Short-term bank loans
Trade payables
Third parties
Related parties
Other payables
Third parties
Related parties
Taxes payable
Accrued expenses
Short-term employee benefits
liabilities
Sales and other advances
Current maturities of long-term
loans
747
Current maturities of long-term
financial liabilities
1.138.147
Total Current Liabilities
152.220
27.679
17.060
2.721
12.886
24.200
9.157
31.175
4.345
NON-CURRENT LIABILITIES
Deferred tax liabilities, net
223.529
2r,3,18
2c,2d,2f
7,9,10,13
21,32,36
146.026
Long-term loans, net of current
maturities
5.586
2d,2f,22
32,36
7.692
32.144
2q,3,23
31.241
Long-term financial liabilities,
net of current maturities
Long-term employee benefits
liabilities
264.151
189.304
Total Non-Current Liabilities
1.607.370
1.327.451
TOTAL LIABILITIES
2.892
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
2
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM (lanjutan)
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
EKUITAS
EQUITY
EKUITAS YANG DAPAT
DIATRIBUSIKAN KEPADA PEMILIK
ENTITAS INDUK
Modal saham
Nilai nominal Rp500 (angka penuh)
per saham
Modal dasar - 40.000.000.000 saham
yang terdiri dari 1 saham Seri A
Dwiwarna dan 39.999.999.999
saham Seri B
Modal ditempatkan dan disetor
penuh - 15.775.000.000 saham
yang terdiri dari 1 saham Seri A
Dwiwarna dan 15.774.999.999
saham Seri B
Tambahan modal disetor, neto
Pendapatan komprehensif lainnya
855.968
117.077
(52.609)
Saldo laba (akumulasi kerugian)
Dicadangkan
Tidak dicadangkan
146.834
(121.020)
Total Ekuitas Yang Dapat Diatribusikan
Kepada Pemilik Entitas Induk
Kepentingan Nonpengendali
EKUITAS, NETO
TOTAL LIABILITAS DAN EKUITAS
25
1b,2n,26
EQUITY ATTRIBUTABLE TO
OWNERS OF THE PARENT
ENTITY
Share capital
Par value Rp500 (full amount)
per share
Authorized capital - 40,000,000,000
shares which consist of 1 Series A
Dwiwarna share and 39,999,999,999
Series B shares
Issued and fully paid 15,775,000,000 shares which
consist of 1 Series A Dwiwarna
share and 15,774,999,999
855.968
Series B shares
117.217
Additional paid-in capital, net
(55.595)
Other comprehensive income
Retained earnings (accumulated
losses)
146.834
Appropriated
(32.344)
Unappropriated
1.032.080
Total Equity Attributable to
Owners of the Parent Entity
19.973
Non-controlling Interests
962.016
1.052.053
EQUITY, NET
2.569.386
2.379.504
TOTAL LIABILITIES AND EQUITY
946.250
15.766
2b,24
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
3
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
PENDAPATAN NETO
BEBAN POKOK PENDAPATAN
LABA BRUTO
909.197
(881.752)
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
Catatan/
Notes
2c,2o,9,
28,37
2c,2j,2o,9,
29,37
1.109.189
(1.001.282)
27.445
Beban penjualan
(16.002)
Beban umum dan administrasi
Penjualan limbah produksi
Laba pengalihan aset tetap
Pendapatan lain-lain
Beban lain-lain
(53.278)
2.417
4.839
9.126
(4.674)
LABA (RUGI) OPERASI
(30.127)
Bagian rugi dari entitas asosiasi
Pendapatan keuangan
Rugi selisih kurs, neto
Beban keuangan
(42.266)
2.389
(11.465)
(21.454)
LABA (RUGI) SEBELUM BEBAN
(MANFAAT) PAJAK
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
2c,2h,2j,
2o,2q,9,30
2c,2h,2j,
2o,2q,9,30
2i,2j,12,13
2f,2n,12
13,18
12
4,5
2d,2f,17
15,21
(102.923)
NET REVENUES
COST OF REVENUES
107.907
GROSS PROFIT
(24.885)
Selling expenses
(48.531)
2.878
10.510
(3.335)
General and administrative expenses
Sales of waste products
Gain on transfer of fixed assets
Other income
Other expenses
44.544
OPERATING PROFIT (LOSS)
(2.985)
3.597
(4.265)
(23.497)
Share in loss of associates
Finance income
Loss on foreign exchange, net
Finance expense
17.394
2r,18
PROFIT (LOSS) BEFORE TAX
EXPENSE (BENEFIT)
BEBAN (MANFAAT) PAJAK
Pajak kini
Pajak tangguhan, neto
8.094
(17.990)
9.350
(1.882)
TAX EXPENSE (BENEFIT)
Current tax
Deferred tax, net
(Manfaat) Beban Pajak, Neto
(9.896)
7.468
Tax (Benefit) Expense, Net
(93.027)
9.926
PROFIT (LOSS) FOR THE PERIOD
LABA (RUGI) PERIODE BERJALAN
PENDAPATAN KOMPREHENSIF LAIN
Selisih kurs karena penjabaran
laporan keuangan
Entitas Anak - neto
2.990
TOTAL LABA (RUGI) KOMPREHENSIF
PERIODE BERJALAN
(90.037)
LABA (RUGI) PERIODE BERJALAN
YANG DAPAT DIATRIBUSIKAN
KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
(88.676)
(4.351)
TOTAL
(93.027)
2b
2b,24
(5.077)
OTHER COMPREHENSIVE INCOME
Difference in foreign currency
translation of the financial
statements of Subsidiaries - net
4.849
TOTAL COMPREHENSIVE
INCOME (LOSS) FOR THE PERIOD
10.634
(708)
PROFIT (LOSS) FOR THE PERIOD
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interests
9.926
TOTAL
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
4
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN INTERIM (lanjutan)
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
TOTAL LABA (RUGI) KOMPREHENSIF
PERIODE BERJALAN YANG
DAPAT DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
(85.690)
(4.347)
TOTAL
(90.037)
LABA (RUGI) PER SAHAM DASAR
DAN DILUSIAN YANG DAPAT
DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
(dalam Dolar AS penuh)
(0,00562)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME (continued)
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
2b,24
2s,31
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
5.564
(715)
TOTAL COMPREHENSIVE INCOME
(LOSS) FOR THE PERIOD
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interests
4.849
TOTAL
0,00067
BASIC AND DILUTED
EARNINGS (LOSS) PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
(in full US Dollar amount)
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
5
The original interim consolidated financial statements included herein are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal 30 Juni 2014
(Disajikan dalam ribuan Dolar AS, kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar, unless otherwise stated)
Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Parent Entity
Pendapatan Komprehensif
Lainnya/Other
Comprehensive Income
Catatan/
Notes
Saldo pada tanggal 31 Desember 2012
Modal Saham
Ditempatkan
dan Disetor
Penuh/Issued
and Fully Paid
Share Capital
Selisih Kurs
karena Penjabaran
Laporan Keuangan
Entitas Anak/
Difference in
Foreign Currency
Translation of
the Financial
Statements of
Subsidiaries
Saldo Laba
(Akumulasi Kerugian)/
Retained Earnings
(Accumulated Losses)
Tambahan
Modal
Disetor, neto
Additional
Paid-in
Capital, net
Tidak
Dicadangkan/
Unappropriated
Dicadangkan/
Appropriated
855.968
116.956
146.834
Laba periode berjalan
Pendapatan komprehensif lain
-
-
Total laba komprehensif
periode berjalan
1c,24
27
Kepentingan
Nonpengendali/
Non-controlling
Interests
Total/Total
(18.358)
(5.334)
-
10.634
-
(5.070)
10.634
(5.070)
(708)
(7)
9.926
(5.077)
Profit for the period
Other comprehensive income
-
-
10.634
(5.070)
5.564
(715)
4.849
Total comprehensive income
for the period
-
-
-
-
-
-
(276)
-
3
-
-
-
3
-
3
Vesting of management stock option
Saldo pada tanggal 30 Juni 2013 (Tidak Diaudit)
855.968
116.959
146.834
(7.724)
(10.404)
1.101.633
18.929
1.120.562
Balance as of June 30, 2013 (Unaudited)
Saldo pada tanggal 1 Januari 2014
855.968
117.217
146.834
(32.344)
(55.595)
1.032.080
19.973
1.052.053
Balance as of January 1, 2014
Rugi periode berjalan
Pendapatan komprehensif lain
-
-
-
(88.676)
-
2.986
(88.676)
2.986
(4.351)
4
(93.027)
2.990
Loss for the period
Other comprehensive income
Total rugi komprehensif
periode berjalan
-
-
-
(88.676)
2.986
(85.690)
(4.347)
(90.037)
Total comprehensive loss
for the period
1c,24
-
-
-
-
-
(8)
(8)
Cash dividends to non-controlling
interests
27
-
-
-
-
1c,24
-
-
-
-
-
855.968
117.077
146.834
Akuisisi kepentingan nonpengendali oleh
Entitas Anak
Opsi kepemilikan saham oleh manajemen
yang telah vested
Dividen tunai kepada kepentingan
nonpengendali
Opsi kepemilikan saham oleh manajemen
yang telah vested
Setoran modal dari kepentingan
nonpengendali
Saldo pada tanggal 30 Juni 2014 (Tidak Diaudit)
(140)
(121.020)
Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak
terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan.
(52.609)
1.096.066
Ekuitas, Neto/
Equity, Net
(140)
19.920
-
1.115.986
(276)
(140)
Balance as of December 31, 2012
Acquisition of non-controlling interest
by a Subsidiary
-
148
148
Vesting of management stock option
Capital contribution from non-controlling
interests
946.250
15.766
962.016
Balance as of June 30, 2014 (Unaudited)
The accompanying notes to the interim consolidated financial statements form an integral part of
these interim consolidated financial statements taken as a whole.
6
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN ARUS KAS KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan dari pelanggan
Penerimaan dari tagihan pajak
Penerimaan dari pendapatan bunga
Pembayaran kepada pemasok
Pembayaran beban usaha
dan lainnya
Pembayaran kepada karyawan
Pembayaran untuk pajak
Pembayaran untuk beban bunga
dan beban bank
Kas neto yang digunakan untuk
aktivitas operasi
ARUS KAS DARI AKTIVITAS
INVESTASI
Penarikan (penempatan) investasi
jangka pendek
Penerimaan dividen kas
Penarikan (penempatan) kas dan deposito
berjangka yang dibatasi penggunaannya
Penambahan penyertaan pada
saham
Penambahan aset tetap
Kas neto yang digunakan untuk
aktivitas investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan pinjaman bank jangka
pendek, neto
Penerimaan pinjaman jangka panjang
Pembayaran pinjaman jangka panjang
Pembayaran untuk beban bunga
Pembayaran untuk program kemitraan
dan bina lingkungan
Kas neto yang diperoleh dari
aktivitas pendanaan
KENAIKAN (PENURUNAN) NETO
KAS DAN SETARA KAS
KAS DAN SETARA KAS AWAL
PERIODE
Dampak perubahan selisih kurs
KAS DAN SETARA KAS AKHIR
PERIODE
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
CASH FLOWS
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
991.065
25.482
2.326
(903.100)
1.229.220
41.331
3.727
(1.183.260)
(12.913)
(41.680)
(113.309)
(32.641)
(53.754)
(146.132)
(6.275)
(16.934)
CASH FLOWS FROM OPERATING
ACTIVITIES
Receipts from customers
Receipts from claims for tax refund
Receipts from interest income
Payments to suppliers
Payments for operating expenses
and others
Payments to employees
Payments for taxes
Payments for interest and bank
charges
(58.404)
(158.443)
Net cash used in operating
activities
7.800
21
12
(4.374)
(21.612)
(86.363)
(8.668)
(101.645)
CASH FLOWS FROM INVESTING
ACTIVITIES
Withdrawal (placement) of short-term
investments
Receipts of cash dividend
Withdrawal (placement) of restricted
cash and time deposits
Additional investments in shares
of stock
Purchase of fixed assets
(108.883)
Net cash used in investing
activities
(6)
1.436
12
(104.528)
127.051
84.285
(11.428)
(17.879)
196.287
30.082
(4.482)
(14.067)
-
(1.023)
CASH FLOWS FROM FINANCING
ACTIVITIES
Proceeds from short-term bank
loans, net
Proceeds from long-term loans
Repayments of long-term loans
Payments for interest
Payments for partnership and
community development program
Net cash provided by financing
activities
182.029
206.797
19.097
(60.529)
NET INCREASE (DECREASE) IN
CASH AND CASH EQUIVALENTS
190.232
270.267
CASH AND CASH EQUIVALENTS
AT BEGINNING OF PERIOD
(1.612)
207.717
(1.061)
4
208.677
Effect of foreign exchange rate changes
CASH AND CASH EQUIVALENTS
AT END OF PERIOD
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
7
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM
1.
a. Pendirian Perusahaan
GENERAL
a. The Company’s Establishment
PT Krakatau Steel (Persero) Tbk (“Perusahaan”)
didirikan di Republik Indonesia pada tanggal
27 Oktober 1971 berdasarkan Akta Notaris
No. 34 dari Notaris Tan Thong Kie, S.H.
Perusahaan didirikan untuk mengambil alih
proyek pabrik baja Trikora. Akta pendirian
tersebut telah disahkan oleh Menteri Kehakiman
Republik Indonesia dalam Surat Keputusannya
No. J.A.5/224/4 tanggal 31 Desember 1971 dan
diumumkan dalam Lembaran Berita Negara
Republik Indonesia No. 44 tanggal 8 Februari
1972, Tambahan No. 19.
PT Krakatau Steel (Persero) Tbk (the
“Company”) was established in the Republic of
Indonesia based on the Notarial Deed No. 34 of
Tan Thong Kie, S.H., dated October 27, 1971 to
take over the Trikora steel plant project. The
deed of establishment was approved by the
Ministry of Justice of the Republic of Indonesia
in its Decision Letter No. J.A.5/224/4 dated
December 31, 1971 and was published in the
State Gazette of the Republic of Indonesia
No. 44 dated February 8, 1972, Supplement
No. 19.
Anggaran Dasar Perusahaan telah mengalami
beberapa kali perubahan, yang terakhir dengan
Akta Notaris No. 42 tanggal 25 April 2014 dari
Jose Dima Satria, S.H., M.Kn., yang mengatur,
antara lain, perubahan susunan Dewan Komisaris
dan Direksi Perusahaan. Akta perubahan ini telah
dilaporkan dan diterima oleh Menteri Hukum dan
Hak Asasi Manusia Republik Indonesia dalam
Surat Penerimaan No. AHU-06441.40.22.2014
tanggal 5 Mei 2014.
The Company’s Articles of Association have
been amended several times, most recently by
Notarial Deed No. 42 dated April 25, 2014 of
Jose Dima Satria, S.H., M.Kn., concerning,
among others, the change in the Company’s
Boards of Commissioners and Directors. The
amendment deed was reported to and accepted
by the Ministry of Law and Human Rights of the
Republic of Indonesia in its Acknowledgement
Letter No. AHU-06441.40.22.2014 dated May 5,
2014.
Tujuan Perusahaan adalah melaksanakan dan
menunjang berbagai kebijakan dan program
pembangunan Pemerintah di bidang ekonomi,
khususnya dalam industri baja.
The Company‘s objective is to implement and
support the various policies and programs of the
Government
for
economic
development,
especially with respect to the steel industry.
Sesuai dengan Pasal 3 Anggaran Dasar
Perusahaan, ruang lingkup kegiatan Perusahaan
terutama meliputi bidang produksi, perdagangan
dan pemberian jasa. Ruang lingkup kegiatan
Perusahaan saat ini meliputi, antara lain:
In accordance with Article 3 of the Company’s
Articles of Association, the scope of its activities
mainly comprises production, trading and
rendering of services. Currently, the Company is
engaged in, among others:
(i)
(i)
Industri baja terpadu, yang memproduksi
besi spons, slab baja, billet baja, baja
lembaran panas, baja lembaran dingin dan
batang kawat.
(ii) Perdagangan, yang meliputi kegiatan
pemasaran, distribusi dan keagenan, baik
dalam maupun luar negeri.
(iii) Pemberian jasa seperti jasa rekayasa dan
konstruksi, pemeliharaan mesin, konsultasi
teknis maupun penyediaan sarana dan
prasarana yang menunjang kegiatan usaha
Perusahaan.
(ii)
Integrated steel industry, which produces
sponge iron, slabs, billets, hot rolled coils,
cold rolled coils and wire rods.
Trading activities, comprising marketing,
distribution and agency work, both in the
domestic and international markets.
(iii) Services, such as engineering and
construction,
machine
maintenance,
technical consultancy and provision of
infrastructure to support the activities of the
Company.
8
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
a. Pendirian Perusahaan (lanjutan)
GENERAL (continued)
a. The Company’s Establishment (continued)
(iv) Kegiatan
usaha
penunjang
seperti
pergudangan,
perbengkelan,
properti,
pelabuhan, pendidikan dan pelatihan, limbah
produk dan limbah industri pembangkit
listrik, pengelolaan air dan jasa teknologi
informasi.
(iv) Supporting activites such as warehousing,
workshop,
property,
port
services,
education and training, waste and industrial
product, power plant, water treatment and
information technology services.
Perusahaan dan pabriknya berlokasi di Cilegon,
Banten.
Perusahaan
memulai
operasi
komersialnya pada tahun 1971. Perusahaan
memiliki fasilitas produksi dengan kapasitas
produksi baja kasar (crude steel) sebesar 2,45
juta ton (tidak direviu) per tahun dan kapasitas
produksi baja jadi (finished steel products)
sebesar 2,85 juta ton (tidak direviu) per tahun.
Perusahaan sedang membangun komplek pabrik
Blast Furnace yang akan memproduksi 1.200.000
metrik ton (tidak direviu) hot metal dan pig iron
per tahun (Catatan 13).
The Company and its production facilities are
located in Cilegon, Banten. The Company
started its commercial operations in 1971. The
Company’s production facilities have a
production capacity of 2.45 million metric tons
(unreviewed) of crude steel per year and 2.85
million metric tons (unreviewed) of finished steel
products per year. The Company is constructing
a Blast Furnace complex which will produce
1,200,000 metric tons (unreviewed) per year of
hot metal and pig iron (Notes 13).
Kantor pusat Perusahaan berkedudukan di Jalan
lndustri No. 5, Cilegon.
The Company’s head office is located at Jalan
Industri No. 5, Cilegon.
Perusahaan dimiliki oleh Pemerintah Republik
Indonesia selaku pemegang saham mayoritas.
The Company is majorily owned by
Government of the Republic of Indonesia.
b. Penawaran Umum Efek Perusahaan
the
b. The Company’s Public Offering
On October 29, 2010, the Company obtained the
effective statement from the Capital Market and
Financial
Institution
Supervisory
Agency
(“Bapepam-LK”) No. S-9769/BL/2010 to conduct
public offering of its 3,155,000,000 new shares
with nominal value of Rp500 (full amount) per
share at a price of Rp850 (full amount) per
share. The Company’s shares were listed on the
Indonesia Stock Exchange on November 10,
2010 (Note 25).
Pada tanggal 29 Oktober 2010, Perusahaan
memperoleh pernyataan efektif dari Badan
Pengawas Pasar Modal dan Lembaga Keuangan
(“Bapepam-LK”)
No.S-9769/BL/2010
untuk
melakukan penawaran umum saham kepada
masyarakat sebanyak 3.155.000.000 saham baru
dengan nilai nominal Rp500 (angka penuh) per
saham dengan harga Rp850 (angka penuh) per
saham. Saham Perusahaan telah dicatatkan di
Bursa Efek Indonesia pada tanggal 10 November
2010 (Catatan 25).
c. Struktur Entitas Anak dan Entitas Asosiasi
c. The Subsidiaries and Associates Structure
As of June 30, 2014 and December 31, 2013,
the percentage of ownership of the Company,
either directly or indirectly, and total assets of
the Subsidiaries are as follows:
Pada tanggal 30 Juni 2014 dan 31 Desember
2013, persentase kepemilikan Perusahaan, baik
secara langsung maupun tidak langsung, dan
total aset Entitas Anak adalah sebagai berikut:
9
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
Entitas Anak dan kegiatan usaha/
Subsidiaries and business activities
GENERAL (continued)
c. The Subsidiaries and Associates Structure
(continued)
Kedudukan dan
tahun usaha
komersial dimulai/
Domicile and year
of commercial
operations started
Persentase kepemilikan/
Percentage of ownership
2014
2013
Total aset sebelum
eliminasi/
Total assets before
elimination
2014
2013
PT Krakatau Wajatama (“PT KWT”)
Manufaktur baja profil dan tulangan/
Reinforcing bars and steel wires production
Cilegon, 1992
100,00
100,00
91.295
122.060
Cilegon, 1996
100,00
100,00
173.661
154.892
Cilegon, 1973
100,00
100,00
168.910
149.239
Cilegon, 1982
100,00
100,00
89.880
98.713
Cilegon, 1988
100,00
100,00
184.491
156.574
Cilegon, 1996
100,00
100,00
111.590
83.819
Cilegon, 1996
100,00
100,00
32.914
33.416
Cilegon, 1996
97,55
97,55
12.951
12.475
Cilegon, 1993
100,00
100,00
5.671
5.082
Jakarta, 2012
66,00
66,00
136.908
142.323
Jakarta, 2013
100,00
100,00
4.492
4.190
1.012.763
962.783
PT Krakatau Daya Listrik (“PT KDL”)
Distributor dan penghasil listrik/
Generation and distribution of electricity
PT KHI Pipe Industries (“PT KHIP”)
Manufaktur pipa baja/Steel pipe production
PT Krakatau Industrial Estate Cilegon (“PT KIEC”)
dan Entitas Anaknya/and Its Subsidiaries
Industri real estat dan perhotelan/
Real estate and hotels industry
PT Krakatau Engineering (“PT KE”)
dan Entitas Anaknya/and Its Subsidiaries
Rekayasa dan konstruksi/
Construction and engineering
PT Krakatau Bandar Samudera (“PT KBS”)
Jasa pengelolaan pelabuhan/Port services provider
PT Krakatau Tirta Industri (“PT KTI”)
dan Entitas Anaknya/and Its Subsidiary
(PT Krakatau Daya Tirta)
Distributor dan pengolahan air/
Water treatment and distribution
PT Krakatau Medika (“PT KM”) 1)
Jasa pelayanan kesehatan/
Medical services provider
PT Krakatau Information Technology (“PT KITech”)
Jasa teknologi komputer/Computer
technology provider
PT Meratus Jaya Iron & Steel (“PT MJIS”)
Manufaktur besi dan baja/Iron and steel production
PT Krakatau Nasional Resources (“PT KNR”)
Industri pengolahan hasil tambang/
Coal and mining industry
Total/Total
1)
1)
3,07% dimiliki oleh PT Pelat Timah Nusantara Tbk (“PT Latinusa”)
dan PT Latinusa dimiliki oleh Perusahaan sebesar 20,10%
3.07% is owned by PT Pelat Timah Nusantara Tbk (“PT Latinusa”)
and PT Latinusa is 20.10% owned by the Company
PT KIEC owns shares of PT Laksana Maju Jaya
(“PT LMJ”) with the percentage of ownership of
99.99%. PT LMJ is engaged in the business of
real estate and commenced its commercial
operations in 2001.
PT KIEC memiliki saham pada PT Laksana Maju
Jaya (“PT LMJ”) dengan persentase kepemilikan
sebesar 99,99%. PT LMJ bergerak dalam bidang
real estat dan memulai operasi komersialnya
pada tahun 2001.
10
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
GENERAL (continued)
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
c. The Subsidiaries and Associates Structure
(continued)
PT Krakatau Daya Tirta (“PT KDT”) didirikan
didirikan dengan tujuan untuk mengambil alih
kegiatan usaha air minum merek Quelle yang
sebelumnya merupakan unit usaha PT KDL
dengan komposisi kepemilikan sebesar 99,98%
oleh PT KTI dan 0,02% oleh PT KDL.
PT Krakatau Daya Tirta (“PT KDT”) was
established with the objective to take over
Quelle mineral water business which was
previously a business unit of PT KDL with share
composition of 99.98% owned by PT KTI and
0.02% owned by PT KDL.
Perusahaan bekerjasama dengan PT Aneka
Tambang (Persero) Tbk (“PT Antam”) mendirikan
PT MJIS pada tanggal 9 Juni 2008 dengan
persentase kepemilikan adalah 66% oleh
Perusahaan dan 34% oleh PT Antam. PT MJIS
bergerak dalam bidang produksi besi dan baja,
perdagangan dan jasa yang berkaitan dengan
besi dan baja dan berkedudukan di Jakarta.
PT MJIS memulai operasi komersialnya pada
bulan November 2012.
The Company together with PT Aneka Tambang
(Persero) Tbk (“PT Antam”) established PT MJIS
on June 9, 2008 with the percentage of
ownership of 66% for the Company and 34% for
PT Antam. PT MJIS is engaged in iron and steel
production, trading and services relating to iron
and steel products and is located in Jakarta.
PT MJIS commenced its commercial operations
in November 2012.
Perusahaan mendirikan PT Krakatau National
Resources (“PT KNR”) pada tanggal 12 Juni 2012
dengan persentase kepemilikan adalah 99,99%
untuk Perusahaan dan 0,01% untuk PT KTI.
PT KNR bergerak dalam industri pengolahan
tambang mineral, batu bara dan bahan tambang
lainnya dan berkedudukan di Jakarta. PT KNR
memulai operasi komersialnya pada bulan Juli
2013.
The Company established PT Krakatau National
Resources (“PT KNR”) on June 12, 2012 with
the percentage of ownership of 99.99% for the
Company and 0.01% for PT KTI. PT KNR is
engaged in mineral, coal and mining industry
and is located in Jakarta. PT KNR commenced
its commercial operations in July 2013.
Pada
tanggal
17 Januari
2013,
PT KE
mengakuisisi seluruh saham PT KHIP yang
dimiliki oleh PT Kertas Basuki Rachmat Indonesia
Tbk.
On January 17, 2013, PT KE acquired all shares
of PT KHIP owned by PT Kertas Basuki
Rachmat Indonesia Tbk.
Pada tanggal 22 Februari 2013, PT KE
mendirikan PT Krakatau Konsultan (“PT KK”)
dengan persentase kepemilikan sebesar 99,99%.
PT KK bergerak dalam bidang jasa konsultasi.
On February 22, 2013, PT KE established
PT Krakatau Konsultan (“PT KK”) with the
percentage of ownership of 99.99%. PT KK
engages in consulting services.
Pada tanggal 17 Juni 2013, PT KE dan PT KK
mendirikan PT Krakatau Perbengkelan dan
Perawatan (“PT KPDP”) dengan persentase
kepemilikan sebesar 99% untuk PT KE dan 1%
untuk PT KK. PT KPDP bergerak dalam bidang
perbengkelan, jasa dan perindustrian.
On June 17, 2013, PT KE and PT KK
established PT Krakatau Perbengkelan dan
Perawatan (“PT KPDP”) with the percentage of
ownership of 99% for PT KE and 1% for PT KK.
PT KPDP engages in workshop, services and
industry.
Pada tanggal 20 Desember 2013, PT KIEC dan
Golden Lime Public Company Limited (“GLPCL”)
mendirikan PT Krakatau Golden Lime (PT KGL)
yang akan mengoperasikan pabrik kapur bakar
dengan kapasitas produksi sebesar 148.500 ton
(tidak direviu) per tahun. Persentase kepemilikan
PT KIEC adalah 90% dan GLPCL adalah 10%.
Pembangunan pabrik diharapkan akan selesai
pada bulan April 2015.
On December 20, 2013, PT KIEC and Golden
Lime Public Company Limited (“GLPCL”)
established PT Krakatau Golden Lime
(“PT KGL”) which will operate the Burnt Lime
plant with a production capacity of approximately
148,500 tons (unreviewed) per year. The
percentage of ownership of PT KIEC and
GLPCL are 90% and 10%, respectively. The
construction of the plant is expected to be
completed in April 2015.
11
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
GENERAL (continued)
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
c. The Subsidiaries and Associates Structure
(continued)
Informasi mengenai Entitas Asosiasi yang dimiliki
oleh Perusahaan dan Entitas Anaknya (secara
bersama-sama disebut sebagai “Kelompok
Usaha”) pada tanggal 30 Juni 2014 dan
31 Desember 2013 adalah sebagai berikut:
Information about the Associates owned by
the Company and its Subsidiaries (collectively
referred to as the “Group”) as of June 30, 2014
and December 31, 2013 are as follows:
Entitas Asosiasi/Associates
PT Krakatau Posco (“PT KP”)
Kedudukan dan
tahun usaha
komersial dimulai/
Domicile and year
of commercial
operations started
Cilegon, 1986
PT Kerismas Witikco Makmur
(“PT Kerismas”)
Jakarta, 1980
PT Krakatau Prima Dharma Sentana
(“PT KPDS”)
Cilegon, 1987
PT Krakatau Posco Chemtech
Calcination (“PT KPCC”)
Cilegon, -
PT Indo Japan Steel Center (“PT IJSC”)
Cilegon, Cilegon, -
PT Krakatau Nippon Steel Sumikin
(“PT KNSS”)
Cilegon, -
PT Krakatau Pos-Chem Dong-suh
Chemical (“PT KPDC”)
Cilegon, -
PT Krakatau Samator
Cilegon, -
PT Krakatau Semen Indonesia (“PT KSI”)
PT Krakatau Argo Logistic (“PT KAL”)
PT Krakatau Daedong Machinery
(“PT KDM”)
PT Krakatau Blue Water (“PT KBW”)
PT Wijaya Karya Krakatau Beton
(“PT WKKB”)
Kegiatan usaha/Business activities
Cilegon, 2014
PT Pelat Timah Nusantara
(“PT Latinusa”)
PT Krakatau Osaka Steel (“PT KOS”)
Persentase kepemilikan/
Percentage of ownership
Cilegon, Cilegon, Cilegon, 2013
Cilegon, Cilegon, -
12
2014
2013
Manufaktur besi dan baja/
Iron and steel production
30,00
30,00
Manufaktur baja berlapis timah/
Tin plate steel production
20,10
20,10
Manufaktur seng/
Zinc production
29,31
29,31
Manufaktur alumunium/
Aluminium production
25,00
25,00
Manufaktur kapur/
Lime calcining production
20,00
20,00
Manufaktur baja plat dan lembaran/
Plate and rolled steel production
20,00
20,00
Manufaktur baja profil dan tulangan/
Section and reinforcing bars production
49,00
49,00
Manufaktur baja galvanized dan annealing/
Galvanized and annealed steel production
49,00
49,00
Manufaktur limbah batu bara/
Distilled Coal Tar production
30,00
30,00
Perdagangan, pembangunan dan jasa/
Trade, development and services
24,00
24,00
Manufaktur slag powder/
Slag powder production
50,00
50,00
Jasa transportasi/
Transportation service
48,00
48,00
Jasa reparasi mesin/
Machine repairment
30,00
30,00
Jasa pengolahan air limbah/
Water treatment service
33,00
33,00
Manufaktur beton pracetak/
Precast concrete production
30,00
30,00
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
d. Dewan Komisaris, Direksi dan Karyawan
d. Boards of Commissioners, Directors and
Employees
The Boards of Commissioners and Directors of
the Company as of June 30, 2014 and
December 31, 2013 are as follows:
Susunan
Dewan
Komisaris
dan
Direksi
Perusahaan pada tanggal 30 Juni 2014 dan
31 Desember 2013 adalah sebagai berikut:
30 Juni 2014/
June 30, 2014
Dewan Komisaris
Komisaris Utama
Komisaris
Komisaris
Komisaris
Komisaris Independen
Komisaris Independen
Dewan Direksi
Direktur Utama
Direktur Produksi
Direktur Logistik
Direktur Keuangan tidak terafiliasi
Direktur Sumber Daya Manusia
dan Umum
Direktur Pemasaran
Direktur Teknologi dan
Pengembangan Usaha
Susunan Komite
sebagai berikut:
Audit
31 Desember 2013/
December 31, 2013
Zacky Anwar
Binsar H. Simanjuntak
Tubagus Farich Nahril
Budi Darmadi
Mochammad Imron Zubaidy
Achmad Sofjan Ruky
Zacky Anwar
Binsar H. Simanjuntak
Tubagus Farich Nahril
Mochammad Imron Zubaidy
Achmad Sofjan Ruky
Irvan Kamal Hakim
Hilman Hasyim
Imam Purwanto
Sukandar
Irvan Kamal Hakim
Hilman Hasyim
Imam Purwanto
Sukandar
Dadang Danusiri
Yerry
Dadang Danusiri
Yerry
Widodo Setiadharmaji
Widodo Setiadharmaji
Perusahaan
Board of Commissioners
President Commissioner
Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Board of Directors
President Director
Production Director
Logistics Director
Unaffiliated Finance Director
Human Resources and General
Affairs Director
Marketing Director
Technology and Development
Director
The members of the
Committee are as follows:
adalah
30 Juni 2014/
June 30, 2014
Ketua
Wakil Ketua
Anggota
Anggota
GENERAL (continued)
Company’s
Audit
31 Desember 2013/
December 31, 2013
Achmad Sofjan Ruky
Binsar H. Simanjuntak
Iskariman Supardjo
Mohamad Hassan
Achmad Sofjan Ruky
Binsar H. Simanjuntak
Iskariman Supardjo
Mohamad Hassan
Chairman
Vice Chairman
Member
Member
Personil manajemen kunci Perusahaan dan
Entitas Anaknya meliputi anggota komisaris dan
direksi Perusahaan dan Entitas Anak.
The key management personnel of the
Company and its Subsidiaries comprises of the
members of directors and commissioners of the
Company and Subsidiaries.
Pada tanggal 30 Juni 2014 dan 31 Desember
2013, Kelompok Usaha memiliki karyawan tetap
masing-masing sebanyak 7.648 orang (tidak
direviu) dan 7.490 orang (tidak diaudit).
As of June 30, 2014 and December 31, 2013,
the “Group has 7,648 (unreviewed) and 7,490
permanent employees (unaudited), respectively.
e. Penyelesaian
Laporan
Konsolidasian Interim
Keuangan
e. Completion of the Interim
Financial Statements
Consolidated
The accompanying interim consolidated financial
statements were completed and authorized for
issue by the Company’s Directors on August 18,
2014.
Laporan keuangan konsolidasian interim ini telah
diselesaikan dan disetujui untuk diterbitkan oleh
Direksi Perusahaan pada tanggal 18 Agustus
2014.
13
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
2.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
a. Dasar
Penyajian
Laporan
Konsolidasian Interim
2.
Keuangan
SUMMARY
POLICIES
OF
SIGNIFICANT
ACCOUNTING
a. Basis of Preparation of the
Consolidated Financial Statements
Interim
Laporan keuangan konsolidasian interim telah
disusun sesuai dengan Standar Akuntansi
Keuangan di Indonesia (“SAK”), yang mencakup
Pernyataan dan Interpretasi yang dikeluarkan
oleh Dewan Standar Akuntansi Keuangan Ikatan
Akuntan Indonesia (“DSAK”) dan Peraturanperaturan serta Pedoman Penyajian dan
Pengungkapan
Laporan
Keuangan
yang
diterbitkan oleh BAPEPAM-LK.
The interim consolidated financial statements
have been prepared in accordance with
Indonesian Financial Accounting Standards
(“SAK”), which comprise the Statements and
Interpretations issued by the Financial
Accounting Standards Board of the Indonesian
Institute of Accountants (“DSAK”) and the
Regulations and the Guidelines on Financial
Statement Presentation and Disclosures issued
by BAPEPAM-LK.
Laporan keuangan konsolidasian interim disusun
sesuai dengan Pernyataan Standar Akuntansi
Keuangan
(“PSAK”)
No. 1
(Revisi 2009),
“Penyajian Laporan Keuangan” dan PSAK No. 3
(Revisi 2010), “Laporan Keuangan Interim”.
The interim consolidated financial statements
are prepared in accordance with the Statement
of Financial Accounting Standards (“PSAK”)
No. 1 (Revised 2009), “Presentation of Financial
Statements” and PSAK No. 3 (Revised 2010),
“Interim Financial Statements”.
Laporan keuangan konsolidasian interim disusun
berdasarkan konsep akrual, kecuali untuk laporan
arus kas, dan dengan menggunakan konsep
biaya historis, kecuali untuk beberapa akun
tertentu yang diukur berdasarkan pengukuran
sebagaimana
diuraikan
dalam
kebijakan
akuntansi masing-masing akun tersebut.
The interim consolidated financial statements
have been prepared on the accrual basis, except
for statement of cash flows, and using the
historical cost concept of accounting, except for
certain accounts which are measured on the
bases described in the related accounting
policies of each account.
Laporan arus kas konsolidasian interim yang
disusun dengan menggunakan metode langsung,
menyajikan penerimaan dan pengeluaran kas
yang diklasifikasikan dalam aktivitas operasi,
investasi dan pendanaan.
The interim consolidated statements of cash
flows, which have been prepared using the
direct method, present cash receipts and
payments classified into operating, investing and
financing activities.
Mata uang penyajian yang digunakan dalam
laporan keuangan konsolidasian interim adalah
Dolar Amerika Serikat (“Dolar AS”) yang
merupakan mata uang fungsional Perusahaan
(Catatan 2.d). Setiap entitas di dalam Kelompok
Usaha menetapkan mata uang fungsional sendiri
dan transaksi-transaksi di dalam laporan
keuangan dari setiap entitas diukur berdasarkan
mata uang fungsional tersebut.
The presentation currency used in the
preparation of the interim consolidated financial
statements is the United States Dollar (“US
Dollar”) which is the functional currency of the
Company (Note 2.d). Each entity in the Group
determines its own functional currency and items
included in the financial statements of each
entity are measured using that functional
currency.
Mata uang fungsional PT KWT, PT KDL, PT KHIP
dan PT MJIS adalah Dolar AS, sedangkan untuk
Entitas Anak lainnya adalah Rupiah.
The functional currency of PT KWT, PT KDL,
PT KHIP and PT MJIS is the US Dollar while
other Subsidiaries are the Rupiah.
14
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
2.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
(lanjutan)
2.
b. Prinsip-prinsip konsolidasi
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
b. Principles of consolidation
Laporan keuangan konsolidasian interim meliputi
akun-akun Kelompok Usaha seperti disebutkan
pada Catatan 1.c (secara langsung maupun tidak
langsung) dengan kepemilikan saham leb
dan ent it as anaknya/ and it s subsidiaries
Laporan keuangan konsolidasian interim
tanggal 30 Juni 2014 dan periode enam bulan yang berakhir
pada tanggal tersebut (Tidak Diaudit) beserta laporan atas reviu
informasi keuangan interim/
Int erim consolidat ed financial st at ement s
as of June 30, 2014 and six-month period t hen ended (Unaudit ed)
wit h report on review of int erim financial informat ion
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) TBK
dan Entitas Anaknya
LAPORAN KEUANGAN KONSOLIDASIAN INTERIM
TANGGAL 30 JUNI 2014 DAN PERIODE ENAM
BULAN YANG BERAKHIR PADA TANGGAL
TERSEBUT (TIDAK DIAUDIT)
BESERTA LAPORAN ATAS REVIU INFORMASI
KEUANGAN INTERIM
PT KRAKATAU STEEL (PERSERO) TBK
and Its Subsidiaries
INTERIM CONSOLIDATED FINANCIAL
STATEMENTS
AS OF JUNE 30, 2014 AND SIX-MONTH PERIOD
THEN ENDED (UNAUDITED)
WITH REPORT ON REVIEW OF INTERIM
FINANCIAL INFORMATION
Halaman/
Page
Daftar Isi
Table of Contents
Report on Review of Interim Financial Information
Laporan atas Reviu Informasi Keuangan Interim
Laporan Posisi Keuangan Konsolidasian
Interim …………...…………………….……………
1-3
Interim Consolidated Statement of Financial
...…....…………………………………… Position
Laporan Laba Rugi Komprehensif Konsolidasian
Interim ……………………………………………...
4-5
Interim Consolidated Statement of Comprehensive
…………………...……………………..… Income
Laporan Perubahan Ekuitas Konsolidasian
Interim ………………………………………………
6
Interim Consolidated Statement of Changes
.……………………..…………………… in Equity
Laporan Arus Kas Konsolidasian Interim ……….….
7
...... Interim Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
Interim …………………….………………………...
8 - 178
Notes to the Interim Consolidated Financial
.…...…..…………..…………………. Statements
**************************
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
Catatan/
Notes
ASET
ASET LANCAR
Kas dan setara kas
Investasi jangka pendek
Deposito berjangka yang dibatasi
penggunaannya
Piutang usaha, setelah dikurangi
cadangan kerugian penurunan nilai
sebesar US$3.354 pada tanggal
30 Juni 2014 dan US$3.434
pada tanggal 31 Desember 2013
Pihak ketiga
Pihak berelasi
Piutang lain-lain, setelah dikurangi
cadangan kerugian penurunan nilai
sebesar US$568 pada tanggal
30 Juni 2014 dan US$558
pada tanggal 31 Desember 2013
Pihak ketiga
Pihak berelasi
Persediaan, neto
Uang muka dan biaya dibayar di muka
Pajak dibayar di muka
Total Aset Lancar
ASET TIDAK LANCAR
Estimasi tagihan pajak
Penyertaan saham, neto
Aset pajak tangguhan, neto
Aset tetap, setelah dikurangi akumulasi
penyusutan sebesar US$658.671
pada tanggal 30 Juni 2014 dan
US$622.596 pada tanggal
31 Desember 2013
Aset lain-lain
Aset real estat
Aset yang tidak digunakan dalam
operasi
Kas dan deposito berjangka yang
dibatasi penggunaannya
Lain-lain
ASSETS
207.717
22
2c,2d,2e,2f
4,9,32,36
2d,2f,5,32,36
2c,2e,2f
6,9,15,32
2d,2f,3
7,15,21
32,36
168.594
118.106
15.075
24.735
610.352
52.073
21.707
2c,9,12
2g,3,10,15,21
2d,2h,11,36
2r,18
1.218.381
235.509
54.403
CURRENT ASSETS
Cash and cash equivalents
7.810
Short-term investments
26
18.158
38.832
519.086
35.515
9.391
Restricted time deposits
Trade receivables, net of
allowance for impairment
losses of US$3,354 as of
June 30, 2014 and US$3,434
as of December 31, 2013
Third parties
Related parties
Other receivables, net of
allowance for impairment
losses of US$568 as of
June 30, 2014 and US$558
as of December 31, 2013
Third parties
Related parties
Inventories, net
Advances and prepaid expenses
Prepaid taxes
1.095.219
Total Current Assets
54.448
NON-CURRENT ASSETS
Estimated claims for tax refund
159.101
117.068
2c,9
2d,2f,8,
17,32,36
41.629
190.232
2r,18
2d,2f,2i
12,32,36
2r,3,18
2j,3
13,15,21
255.417
38.012
15.234
2k
13.987
Investments in shares of stock, net
Deferred tax assets, net
Fixed assets, net of accumulated
depreciation of US$658,671
as of June 30, 2014 and
US$622,596 as of
December 31, 2013
Other assets
Real estate assets
2.075
2j,13
2c,2d,2e,2f
21,32,36
2d,2f,2j
32,34,36
3.659
Assets not used in operations
19.798
Restricted cash and time deposits
41.226
Others
936.358
24.162
41.635
857.738
Total Aset Tidak Lancar
1.351.005
1.284.285
Total Non-Current Assets
TOTAL ASET
2.569.386
2.379.504
TOTAL ASSETS
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
1
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM (lanjutan)
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
Catatan/
Notes
LIABILITAS DAN EKUITAS
LIABILITIES AND EQUITY
LIABILITAS JANGKA PENDEK
Pinjaman bank jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain
Pihak ketiga
Pihak berelasi
Utang pajak
Beban akrual
Liabilitas imbalan kerja jangka
pendek
Uang muka penjualan dan lainnya
Bagian pinjaman jangka panjang yang
jatuh tempo dalam waktu satu tahun
Bagian liabilitas keuangan jangka
panjang yang jatuh tempo dalam
waktu satu tahun
Total Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Liabilitas pajak tangguhan, neto
Pinjaman jangka panjang, setelah
dikurangi bagian yang jatuh tempo
dalam waktu satu tahun
Liabilitas keuangan jangka panjang,
setelah dikurangi bagian yang
jatuh tempo dalam waktu satu tahun
Liabilitas imbalan kerja jangka
panjang
Total Liabilitas Jangka Panjang
TOTAL LIABILITAS
CURRENT LIABILITIES
927.607
182.209
69.275
16.266
3.249
9.390
35.191
2c,2d,2f,6,7,9,
10,13,15,32,36
2d,2f
16,32,36
2c,9
2d,2f
17,32,36
2c,9
2r,3,18
2d,2f,19,32,36
14.384
27.517
2f,2q,3,23
2c,2d,9,20,36
2c,2d,2f,7,9,
57.506 10,13,21,32,36
625
2d,2f,22,
32,36
1.343.219
800.476
59.826
Short-term bank loans
Trade payables
Third parties
Related parties
Other payables
Third parties
Related parties
Taxes payable
Accrued expenses
Short-term employee benefits
liabilities
Sales and other advances
Current maturities of long-term
loans
747
Current maturities of long-term
financial liabilities
1.138.147
Total Current Liabilities
152.220
27.679
17.060
2.721
12.886
24.200
9.157
31.175
4.345
NON-CURRENT LIABILITIES
Deferred tax liabilities, net
223.529
2r,3,18
2c,2d,2f
7,9,10,13
21,32,36
146.026
Long-term loans, net of current
maturities
5.586
2d,2f,22
32,36
7.692
32.144
2q,3,23
31.241
Long-term financial liabilities,
net of current maturities
Long-term employee benefits
liabilities
264.151
189.304
Total Non-Current Liabilities
1.607.370
1.327.451
TOTAL LIABILITIES
2.892
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
2
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
INTERIM (lanjutan)
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Tidak diaudit/
Unaudited)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
31 Des. 2013/
Dec. 31, 2013
(Diaudit/
Audited)
EKUITAS
EQUITY
EKUITAS YANG DAPAT
DIATRIBUSIKAN KEPADA PEMILIK
ENTITAS INDUK
Modal saham
Nilai nominal Rp500 (angka penuh)
per saham
Modal dasar - 40.000.000.000 saham
yang terdiri dari 1 saham Seri A
Dwiwarna dan 39.999.999.999
saham Seri B
Modal ditempatkan dan disetor
penuh - 15.775.000.000 saham
yang terdiri dari 1 saham Seri A
Dwiwarna dan 15.774.999.999
saham Seri B
Tambahan modal disetor, neto
Pendapatan komprehensif lainnya
855.968
117.077
(52.609)
Saldo laba (akumulasi kerugian)
Dicadangkan
Tidak dicadangkan
146.834
(121.020)
Total Ekuitas Yang Dapat Diatribusikan
Kepada Pemilik Entitas Induk
Kepentingan Nonpengendali
EKUITAS, NETO
TOTAL LIABILITAS DAN EKUITAS
25
1b,2n,26
EQUITY ATTRIBUTABLE TO
OWNERS OF THE PARENT
ENTITY
Share capital
Par value Rp500 (full amount)
per share
Authorized capital - 40,000,000,000
shares which consist of 1 Series A
Dwiwarna share and 39,999,999,999
Series B shares
Issued and fully paid 15,775,000,000 shares which
consist of 1 Series A Dwiwarna
share and 15,774,999,999
855.968
Series B shares
117.217
Additional paid-in capital, net
(55.595)
Other comprehensive income
Retained earnings (accumulated
losses)
146.834
Appropriated
(32.344)
Unappropriated
1.032.080
Total Equity Attributable to
Owners of the Parent Entity
19.973
Non-controlling Interests
962.016
1.052.053
EQUITY, NET
2.569.386
2.379.504
TOTAL LIABILITIES AND EQUITY
946.250
15.766
2b,24
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
3
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
PENDAPATAN NETO
BEBAN POKOK PENDAPATAN
LABA BRUTO
909.197
(881.752)
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
Catatan/
Notes
2c,2o,9,
28,37
2c,2j,2o,9,
29,37
1.109.189
(1.001.282)
27.445
Beban penjualan
(16.002)
Beban umum dan administrasi
Penjualan limbah produksi
Laba pengalihan aset tetap
Pendapatan lain-lain
Beban lain-lain
(53.278)
2.417
4.839
9.126
(4.674)
LABA (RUGI) OPERASI
(30.127)
Bagian rugi dari entitas asosiasi
Pendapatan keuangan
Rugi selisih kurs, neto
Beban keuangan
(42.266)
2.389
(11.465)
(21.454)
LABA (RUGI) SEBELUM BEBAN
(MANFAAT) PAJAK
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
2c,2h,2j,
2o,2q,9,30
2c,2h,2j,
2o,2q,9,30
2i,2j,12,13
2f,2n,12
13,18
12
4,5
2d,2f,17
15,21
(102.923)
NET REVENUES
COST OF REVENUES
107.907
GROSS PROFIT
(24.885)
Selling expenses
(48.531)
2.878
10.510
(3.335)
General and administrative expenses
Sales of waste products
Gain on transfer of fixed assets
Other income
Other expenses
44.544
OPERATING PROFIT (LOSS)
(2.985)
3.597
(4.265)
(23.497)
Share in loss of associates
Finance income
Loss on foreign exchange, net
Finance expense
17.394
2r,18
PROFIT (LOSS) BEFORE TAX
EXPENSE (BENEFIT)
BEBAN (MANFAAT) PAJAK
Pajak kini
Pajak tangguhan, neto
8.094
(17.990)
9.350
(1.882)
TAX EXPENSE (BENEFIT)
Current tax
Deferred tax, net
(Manfaat) Beban Pajak, Neto
(9.896)
7.468
Tax (Benefit) Expense, Net
(93.027)
9.926
PROFIT (LOSS) FOR THE PERIOD
LABA (RUGI) PERIODE BERJALAN
PENDAPATAN KOMPREHENSIF LAIN
Selisih kurs karena penjabaran
laporan keuangan
Entitas Anak - neto
2.990
TOTAL LABA (RUGI) KOMPREHENSIF
PERIODE BERJALAN
(90.037)
LABA (RUGI) PERIODE BERJALAN
YANG DAPAT DIATRIBUSIKAN
KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
(88.676)
(4.351)
TOTAL
(93.027)
2b
2b,24
(5.077)
OTHER COMPREHENSIVE INCOME
Difference in foreign currency
translation of the financial
statements of Subsidiaries - net
4.849
TOTAL COMPREHENSIVE
INCOME (LOSS) FOR THE PERIOD
10.634
(708)
PROFIT (LOSS) FOR THE PERIOD
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interests
9.926
TOTAL
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
4
The original interim consolidated financial statements included herein are
in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN INTERIM (lanjutan)
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
TOTAL LABA (RUGI) KOMPREHENSIF
PERIODE BERJALAN YANG
DAPAT DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
(85.690)
(4.347)
TOTAL
(90.037)
LABA (RUGI) PER SAHAM DASAR
DAN DILUSIAN YANG DAPAT
DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
(dalam Dolar AS penuh)
(0,00562)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME (continued)
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
2b,24
2s,31
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
5.564
(715)
TOTAL COMPREHENSIVE INCOME
(LOSS) FOR THE PERIOD
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interests
4.849
TOTAL
0,00067
BASIC AND DILUTED
EARNINGS (LOSS) PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
(in full US Dollar amount)
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
5
The original interim consolidated financial statements included herein are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal 30 Juni 2014
(Disajikan dalam ribuan Dolar AS, kecuali dinyatakan lain)
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar, unless otherwise stated)
Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Parent Entity
Pendapatan Komprehensif
Lainnya/Other
Comprehensive Income
Catatan/
Notes
Saldo pada tanggal 31 Desember 2012
Modal Saham
Ditempatkan
dan Disetor
Penuh/Issued
and Fully Paid
Share Capital
Selisih Kurs
karena Penjabaran
Laporan Keuangan
Entitas Anak/
Difference in
Foreign Currency
Translation of
the Financial
Statements of
Subsidiaries
Saldo Laba
(Akumulasi Kerugian)/
Retained Earnings
(Accumulated Losses)
Tambahan
Modal
Disetor, neto
Additional
Paid-in
Capital, net
Tidak
Dicadangkan/
Unappropriated
Dicadangkan/
Appropriated
855.968
116.956
146.834
Laba periode berjalan
Pendapatan komprehensif lain
-
-
Total laba komprehensif
periode berjalan
1c,24
27
Kepentingan
Nonpengendali/
Non-controlling
Interests
Total/Total
(18.358)
(5.334)
-
10.634
-
(5.070)
10.634
(5.070)
(708)
(7)
9.926
(5.077)
Profit for the period
Other comprehensive income
-
-
10.634
(5.070)
5.564
(715)
4.849
Total comprehensive income
for the period
-
-
-
-
-
-
(276)
-
3
-
-
-
3
-
3
Vesting of management stock option
Saldo pada tanggal 30 Juni 2013 (Tidak Diaudit)
855.968
116.959
146.834
(7.724)
(10.404)
1.101.633
18.929
1.120.562
Balance as of June 30, 2013 (Unaudited)
Saldo pada tanggal 1 Januari 2014
855.968
117.217
146.834
(32.344)
(55.595)
1.032.080
19.973
1.052.053
Balance as of January 1, 2014
Rugi periode berjalan
Pendapatan komprehensif lain
-
-
-
(88.676)
-
2.986
(88.676)
2.986
(4.351)
4
(93.027)
2.990
Loss for the period
Other comprehensive income
Total rugi komprehensif
periode berjalan
-
-
-
(88.676)
2.986
(85.690)
(4.347)
(90.037)
Total comprehensive loss
for the period
1c,24
-
-
-
-
-
(8)
(8)
Cash dividends to non-controlling
interests
27
-
-
-
-
1c,24
-
-
-
-
-
855.968
117.077
146.834
Akuisisi kepentingan nonpengendali oleh
Entitas Anak
Opsi kepemilikan saham oleh manajemen
yang telah vested
Dividen tunai kepada kepentingan
nonpengendali
Opsi kepemilikan saham oleh manajemen
yang telah vested
Setoran modal dari kepentingan
nonpengendali
Saldo pada tanggal 30 Juni 2014 (Tidak Diaudit)
(140)
(121.020)
Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak
terpisahkan dari laporan keuangan konsolidasian interim secara keseluruhan.
(52.609)
1.096.066
Ekuitas, Neto/
Equity, Net
(140)
19.920
-
1.115.986
(276)
(140)
Balance as of December 31, 2012
Acquisition of non-controlling interest
by a Subsidiary
-
148
148
Vesting of management stock option
Capital contribution from non-controlling
interests
946.250
15.766
962.016
Balance as of June 30, 2014 (Unaudited)
The accompanying notes to the interim consolidated financial statements form an integral part of
these interim consolidated financial statements taken as a whole.
6
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
LAPORAN ARUS KAS KONSOLIDASIAN INTERIM
Periode Enam Bulan Yang Berakhir Pada Tanggal
30 Juni 2014
(Disajikan dalam ribuan Dolar AS,
kecuali dinyatakan lain)
30 Juni 2014/
June 30, 2014
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan dari pelanggan
Penerimaan dari tagihan pajak
Penerimaan dari pendapatan bunga
Pembayaran kepada pemasok
Pembayaran beban usaha
dan lainnya
Pembayaran kepada karyawan
Pembayaran untuk pajak
Pembayaran untuk beban bunga
dan beban bank
Kas neto yang digunakan untuk
aktivitas operasi
ARUS KAS DARI AKTIVITAS
INVESTASI
Penarikan (penempatan) investasi
jangka pendek
Penerimaan dividen kas
Penarikan (penempatan) kas dan deposito
berjangka yang dibatasi penggunaannya
Penambahan penyertaan pada
saham
Penambahan aset tetap
Kas neto yang digunakan untuk
aktivitas investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan pinjaman bank jangka
pendek, neto
Penerimaan pinjaman jangka panjang
Pembayaran pinjaman jangka panjang
Pembayaran untuk beban bunga
Pembayaran untuk program kemitraan
dan bina lingkungan
Kas neto yang diperoleh dari
aktivitas pendanaan
KENAIKAN (PENURUNAN) NETO
KAS DAN SETARA KAS
KAS DAN SETARA KAS AWAL
PERIODE
Dampak perubahan selisih kurs
KAS DAN SETARA KAS AKHIR
PERIODE
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
INTERIM CONSOLIDATED STATEMENT OF
CASH FLOWS
Six-Month Period Ended June 30, 2014
(Expressed in thousands of US Dollar,
unless otherwise stated)
Catatan/
Notes
30 Juni 2013/
June 30, 2013
(Enam bulan/
Six months)
(Tidak diaudit/
Unaudited)
991.065
25.482
2.326
(903.100)
1.229.220
41.331
3.727
(1.183.260)
(12.913)
(41.680)
(113.309)
(32.641)
(53.754)
(146.132)
(6.275)
(16.934)
CASH FLOWS FROM OPERATING
ACTIVITIES
Receipts from customers
Receipts from claims for tax refund
Receipts from interest income
Payments to suppliers
Payments for operating expenses
and others
Payments to employees
Payments for taxes
Payments for interest and bank
charges
(58.404)
(158.443)
Net cash used in operating
activities
7.800
21
12
(4.374)
(21.612)
(86.363)
(8.668)
(101.645)
CASH FLOWS FROM INVESTING
ACTIVITIES
Withdrawal (placement) of short-term
investments
Receipts of cash dividend
Withdrawal (placement) of restricted
cash and time deposits
Additional investments in shares
of stock
Purchase of fixed assets
(108.883)
Net cash used in investing
activities
(6)
1.436
12
(104.528)
127.051
84.285
(11.428)
(17.879)
196.287
30.082
(4.482)
(14.067)
-
(1.023)
CASH FLOWS FROM FINANCING
ACTIVITIES
Proceeds from short-term bank
loans, net
Proceeds from long-term loans
Repayments of long-term loans
Payments for interest
Payments for partnership and
community development program
Net cash provided by financing
activities
182.029
206.797
19.097
(60.529)
NET INCREASE (DECREASE) IN
CASH AND CASH EQUIVALENTS
190.232
270.267
CASH AND CASH EQUIVALENTS
AT BEGINNING OF PERIOD
(1.612)
207.717
(1.061)
4
208.677
Effect of foreign exchange rate changes
CASH AND CASH EQUIVALENTS
AT END OF PERIOD
The accompanying notes to the interim consolidated financial
statements form an integral part of these interim consolidated
financial statements taken as a whole.
Catatan atas laporan keuangan konsolidasian interim terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian interim secara keseluruhan.
7
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM
1.
a. Pendirian Perusahaan
GENERAL
a. The Company’s Establishment
PT Krakatau Steel (Persero) Tbk (“Perusahaan”)
didirikan di Republik Indonesia pada tanggal
27 Oktober 1971 berdasarkan Akta Notaris
No. 34 dari Notaris Tan Thong Kie, S.H.
Perusahaan didirikan untuk mengambil alih
proyek pabrik baja Trikora. Akta pendirian
tersebut telah disahkan oleh Menteri Kehakiman
Republik Indonesia dalam Surat Keputusannya
No. J.A.5/224/4 tanggal 31 Desember 1971 dan
diumumkan dalam Lembaran Berita Negara
Republik Indonesia No. 44 tanggal 8 Februari
1972, Tambahan No. 19.
PT Krakatau Steel (Persero) Tbk (the
“Company”) was established in the Republic of
Indonesia based on the Notarial Deed No. 34 of
Tan Thong Kie, S.H., dated October 27, 1971 to
take over the Trikora steel plant project. The
deed of establishment was approved by the
Ministry of Justice of the Republic of Indonesia
in its Decision Letter No. J.A.5/224/4 dated
December 31, 1971 and was published in the
State Gazette of the Republic of Indonesia
No. 44 dated February 8, 1972, Supplement
No. 19.
Anggaran Dasar Perusahaan telah mengalami
beberapa kali perubahan, yang terakhir dengan
Akta Notaris No. 42 tanggal 25 April 2014 dari
Jose Dima Satria, S.H., M.Kn., yang mengatur,
antara lain, perubahan susunan Dewan Komisaris
dan Direksi Perusahaan. Akta perubahan ini telah
dilaporkan dan diterima oleh Menteri Hukum dan
Hak Asasi Manusia Republik Indonesia dalam
Surat Penerimaan No. AHU-06441.40.22.2014
tanggal 5 Mei 2014.
The Company’s Articles of Association have
been amended several times, most recently by
Notarial Deed No. 42 dated April 25, 2014 of
Jose Dima Satria, S.H., M.Kn., concerning,
among others, the change in the Company’s
Boards of Commissioners and Directors. The
amendment deed was reported to and accepted
by the Ministry of Law and Human Rights of the
Republic of Indonesia in its Acknowledgement
Letter No. AHU-06441.40.22.2014 dated May 5,
2014.
Tujuan Perusahaan adalah melaksanakan dan
menunjang berbagai kebijakan dan program
pembangunan Pemerintah di bidang ekonomi,
khususnya dalam industri baja.
The Company‘s objective is to implement and
support the various policies and programs of the
Government
for
economic
development,
especially with respect to the steel industry.
Sesuai dengan Pasal 3 Anggaran Dasar
Perusahaan, ruang lingkup kegiatan Perusahaan
terutama meliputi bidang produksi, perdagangan
dan pemberian jasa. Ruang lingkup kegiatan
Perusahaan saat ini meliputi, antara lain:
In accordance with Article 3 of the Company’s
Articles of Association, the scope of its activities
mainly comprises production, trading and
rendering of services. Currently, the Company is
engaged in, among others:
(i)
(i)
Industri baja terpadu, yang memproduksi
besi spons, slab baja, billet baja, baja
lembaran panas, baja lembaran dingin dan
batang kawat.
(ii) Perdagangan, yang meliputi kegiatan
pemasaran, distribusi dan keagenan, baik
dalam maupun luar negeri.
(iii) Pemberian jasa seperti jasa rekayasa dan
konstruksi, pemeliharaan mesin, konsultasi
teknis maupun penyediaan sarana dan
prasarana yang menunjang kegiatan usaha
Perusahaan.
(ii)
Integrated steel industry, which produces
sponge iron, slabs, billets, hot rolled coils,
cold rolled coils and wire rods.
Trading activities, comprising marketing,
distribution and agency work, both in the
domestic and international markets.
(iii) Services, such as engineering and
construction,
machine
maintenance,
technical consultancy and provision of
infrastructure to support the activities of the
Company.
8
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
a. Pendirian Perusahaan (lanjutan)
GENERAL (continued)
a. The Company’s Establishment (continued)
(iv) Kegiatan
usaha
penunjang
seperti
pergudangan,
perbengkelan,
properti,
pelabuhan, pendidikan dan pelatihan, limbah
produk dan limbah industri pembangkit
listrik, pengelolaan air dan jasa teknologi
informasi.
(iv) Supporting activites such as warehousing,
workshop,
property,
port
services,
education and training, waste and industrial
product, power plant, water treatment and
information technology services.
Perusahaan dan pabriknya berlokasi di Cilegon,
Banten.
Perusahaan
memulai
operasi
komersialnya pada tahun 1971. Perusahaan
memiliki fasilitas produksi dengan kapasitas
produksi baja kasar (crude steel) sebesar 2,45
juta ton (tidak direviu) per tahun dan kapasitas
produksi baja jadi (finished steel products)
sebesar 2,85 juta ton (tidak direviu) per tahun.
Perusahaan sedang membangun komplek pabrik
Blast Furnace yang akan memproduksi 1.200.000
metrik ton (tidak direviu) hot metal dan pig iron
per tahun (Catatan 13).
The Company and its production facilities are
located in Cilegon, Banten. The Company
started its commercial operations in 1971. The
Company’s production facilities have a
production capacity of 2.45 million metric tons
(unreviewed) of crude steel per year and 2.85
million metric tons (unreviewed) of finished steel
products per year. The Company is constructing
a Blast Furnace complex which will produce
1,200,000 metric tons (unreviewed) per year of
hot metal and pig iron (Notes 13).
Kantor pusat Perusahaan berkedudukan di Jalan
lndustri No. 5, Cilegon.
The Company’s head office is located at Jalan
Industri No. 5, Cilegon.
Perusahaan dimiliki oleh Pemerintah Republik
Indonesia selaku pemegang saham mayoritas.
The Company is majorily owned by
Government of the Republic of Indonesia.
b. Penawaran Umum Efek Perusahaan
the
b. The Company’s Public Offering
On October 29, 2010, the Company obtained the
effective statement from the Capital Market and
Financial
Institution
Supervisory
Agency
(“Bapepam-LK”) No. S-9769/BL/2010 to conduct
public offering of its 3,155,000,000 new shares
with nominal value of Rp500 (full amount) per
share at a price of Rp850 (full amount) per
share. The Company’s shares were listed on the
Indonesia Stock Exchange on November 10,
2010 (Note 25).
Pada tanggal 29 Oktober 2010, Perusahaan
memperoleh pernyataan efektif dari Badan
Pengawas Pasar Modal dan Lembaga Keuangan
(“Bapepam-LK”)
No.S-9769/BL/2010
untuk
melakukan penawaran umum saham kepada
masyarakat sebanyak 3.155.000.000 saham baru
dengan nilai nominal Rp500 (angka penuh) per
saham dengan harga Rp850 (angka penuh) per
saham. Saham Perusahaan telah dicatatkan di
Bursa Efek Indonesia pada tanggal 10 November
2010 (Catatan 25).
c. Struktur Entitas Anak dan Entitas Asosiasi
c. The Subsidiaries and Associates Structure
As of June 30, 2014 and December 31, 2013,
the percentage of ownership of the Company,
either directly or indirectly, and total assets of
the Subsidiaries are as follows:
Pada tanggal 30 Juni 2014 dan 31 Desember
2013, persentase kepemilikan Perusahaan, baik
secara langsung maupun tidak langsung, dan
total aset Entitas Anak adalah sebagai berikut:
9
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
Entitas Anak dan kegiatan usaha/
Subsidiaries and business activities
GENERAL (continued)
c. The Subsidiaries and Associates Structure
(continued)
Kedudukan dan
tahun usaha
komersial dimulai/
Domicile and year
of commercial
operations started
Persentase kepemilikan/
Percentage of ownership
2014
2013
Total aset sebelum
eliminasi/
Total assets before
elimination
2014
2013
PT Krakatau Wajatama (“PT KWT”)
Manufaktur baja profil dan tulangan/
Reinforcing bars and steel wires production
Cilegon, 1992
100,00
100,00
91.295
122.060
Cilegon, 1996
100,00
100,00
173.661
154.892
Cilegon, 1973
100,00
100,00
168.910
149.239
Cilegon, 1982
100,00
100,00
89.880
98.713
Cilegon, 1988
100,00
100,00
184.491
156.574
Cilegon, 1996
100,00
100,00
111.590
83.819
Cilegon, 1996
100,00
100,00
32.914
33.416
Cilegon, 1996
97,55
97,55
12.951
12.475
Cilegon, 1993
100,00
100,00
5.671
5.082
Jakarta, 2012
66,00
66,00
136.908
142.323
Jakarta, 2013
100,00
100,00
4.492
4.190
1.012.763
962.783
PT Krakatau Daya Listrik (“PT KDL”)
Distributor dan penghasil listrik/
Generation and distribution of electricity
PT KHI Pipe Industries (“PT KHIP”)
Manufaktur pipa baja/Steel pipe production
PT Krakatau Industrial Estate Cilegon (“PT KIEC”)
dan Entitas Anaknya/and Its Subsidiaries
Industri real estat dan perhotelan/
Real estate and hotels industry
PT Krakatau Engineering (“PT KE”)
dan Entitas Anaknya/and Its Subsidiaries
Rekayasa dan konstruksi/
Construction and engineering
PT Krakatau Bandar Samudera (“PT KBS”)
Jasa pengelolaan pelabuhan/Port services provider
PT Krakatau Tirta Industri (“PT KTI”)
dan Entitas Anaknya/and Its Subsidiary
(PT Krakatau Daya Tirta)
Distributor dan pengolahan air/
Water treatment and distribution
PT Krakatau Medika (“PT KM”) 1)
Jasa pelayanan kesehatan/
Medical services provider
PT Krakatau Information Technology (“PT KITech”)
Jasa teknologi komputer/Computer
technology provider
PT Meratus Jaya Iron & Steel (“PT MJIS”)
Manufaktur besi dan baja/Iron and steel production
PT Krakatau Nasional Resources (“PT KNR”)
Industri pengolahan hasil tambang/
Coal and mining industry
Total/Total
1)
1)
3,07% dimiliki oleh PT Pelat Timah Nusantara Tbk (“PT Latinusa”)
dan PT Latinusa dimiliki oleh Perusahaan sebesar 20,10%
3.07% is owned by PT Pelat Timah Nusantara Tbk (“PT Latinusa”)
and PT Latinusa is 20.10% owned by the Company
PT KIEC owns shares of PT Laksana Maju Jaya
(“PT LMJ”) with the percentage of ownership of
99.99%. PT LMJ is engaged in the business of
real estate and commenced its commercial
operations in 2001.
PT KIEC memiliki saham pada PT Laksana Maju
Jaya (“PT LMJ”) dengan persentase kepemilikan
sebesar 99,99%. PT LMJ bergerak dalam bidang
real estat dan memulai operasi komersialnya
pada tahun 2001.
10
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
GENERAL (continued)
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
c. The Subsidiaries and Associates Structure
(continued)
PT Krakatau Daya Tirta (“PT KDT”) didirikan
didirikan dengan tujuan untuk mengambil alih
kegiatan usaha air minum merek Quelle yang
sebelumnya merupakan unit usaha PT KDL
dengan komposisi kepemilikan sebesar 99,98%
oleh PT KTI dan 0,02% oleh PT KDL.
PT Krakatau Daya Tirta (“PT KDT”) was
established with the objective to take over
Quelle mineral water business which was
previously a business unit of PT KDL with share
composition of 99.98% owned by PT KTI and
0.02% owned by PT KDL.
Perusahaan bekerjasama dengan PT Aneka
Tambang (Persero) Tbk (“PT Antam”) mendirikan
PT MJIS pada tanggal 9 Juni 2008 dengan
persentase kepemilikan adalah 66% oleh
Perusahaan dan 34% oleh PT Antam. PT MJIS
bergerak dalam bidang produksi besi dan baja,
perdagangan dan jasa yang berkaitan dengan
besi dan baja dan berkedudukan di Jakarta.
PT MJIS memulai operasi komersialnya pada
bulan November 2012.
The Company together with PT Aneka Tambang
(Persero) Tbk (“PT Antam”) established PT MJIS
on June 9, 2008 with the percentage of
ownership of 66% for the Company and 34% for
PT Antam. PT MJIS is engaged in iron and steel
production, trading and services relating to iron
and steel products and is located in Jakarta.
PT MJIS commenced its commercial operations
in November 2012.
Perusahaan mendirikan PT Krakatau National
Resources (“PT KNR”) pada tanggal 12 Juni 2012
dengan persentase kepemilikan adalah 99,99%
untuk Perusahaan dan 0,01% untuk PT KTI.
PT KNR bergerak dalam industri pengolahan
tambang mineral, batu bara dan bahan tambang
lainnya dan berkedudukan di Jakarta. PT KNR
memulai operasi komersialnya pada bulan Juli
2013.
The Company established PT Krakatau National
Resources (“PT KNR”) on June 12, 2012 with
the percentage of ownership of 99.99% for the
Company and 0.01% for PT KTI. PT KNR is
engaged in mineral, coal and mining industry
and is located in Jakarta. PT KNR commenced
its commercial operations in July 2013.
Pada
tanggal
17 Januari
2013,
PT KE
mengakuisisi seluruh saham PT KHIP yang
dimiliki oleh PT Kertas Basuki Rachmat Indonesia
Tbk.
On January 17, 2013, PT KE acquired all shares
of PT KHIP owned by PT Kertas Basuki
Rachmat Indonesia Tbk.
Pada tanggal 22 Februari 2013, PT KE
mendirikan PT Krakatau Konsultan (“PT KK”)
dengan persentase kepemilikan sebesar 99,99%.
PT KK bergerak dalam bidang jasa konsultasi.
On February 22, 2013, PT KE established
PT Krakatau Konsultan (“PT KK”) with the
percentage of ownership of 99.99%. PT KK
engages in consulting services.
Pada tanggal 17 Juni 2013, PT KE dan PT KK
mendirikan PT Krakatau Perbengkelan dan
Perawatan (“PT KPDP”) dengan persentase
kepemilikan sebesar 99% untuk PT KE dan 1%
untuk PT KK. PT KPDP bergerak dalam bidang
perbengkelan, jasa dan perindustrian.
On June 17, 2013, PT KE and PT KK
established PT Krakatau Perbengkelan dan
Perawatan (“PT KPDP”) with the percentage of
ownership of 99% for PT KE and 1% for PT KK.
PT KPDP engages in workshop, services and
industry.
Pada tanggal 20 Desember 2013, PT KIEC dan
Golden Lime Public Company Limited (“GLPCL”)
mendirikan PT Krakatau Golden Lime (PT KGL)
yang akan mengoperasikan pabrik kapur bakar
dengan kapasitas produksi sebesar 148.500 ton
(tidak direviu) per tahun. Persentase kepemilikan
PT KIEC adalah 90% dan GLPCL adalah 10%.
Pembangunan pabrik diharapkan akan selesai
pada bulan April 2015.
On December 20, 2013, PT KIEC and Golden
Lime Public Company Limited (“GLPCL”)
established PT Krakatau Golden Lime
(“PT KGL”) which will operate the Burnt Lime
plant with a production capacity of approximately
148,500 tons (unreviewed) per year. The
percentage of ownership of PT KIEC and
GLPCL are 90% and 10%, respectively. The
construction of the plant is expected to be
completed in April 2015.
11
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
GENERAL (continued)
c. Struktur Entitas Anak dan Entitas Asosiasi
(lanjutan)
c. The Subsidiaries and Associates Structure
(continued)
Informasi mengenai Entitas Asosiasi yang dimiliki
oleh Perusahaan dan Entitas Anaknya (secara
bersama-sama disebut sebagai “Kelompok
Usaha”) pada tanggal 30 Juni 2014 dan
31 Desember 2013 adalah sebagai berikut:
Information about the Associates owned by
the Company and its Subsidiaries (collectively
referred to as the “Group”) as of June 30, 2014
and December 31, 2013 are as follows:
Entitas Asosiasi/Associates
PT Krakatau Posco (“PT KP”)
Kedudukan dan
tahun usaha
komersial dimulai/
Domicile and year
of commercial
operations started
Cilegon, 1986
PT Kerismas Witikco Makmur
(“PT Kerismas”)
Jakarta, 1980
PT Krakatau Prima Dharma Sentana
(“PT KPDS”)
Cilegon, 1987
PT Krakatau Posco Chemtech
Calcination (“PT KPCC”)
Cilegon, -
PT Indo Japan Steel Center (“PT IJSC”)
Cilegon, Cilegon, -
PT Krakatau Nippon Steel Sumikin
(“PT KNSS”)
Cilegon, -
PT Krakatau Pos-Chem Dong-suh
Chemical (“PT KPDC”)
Cilegon, -
PT Krakatau Samator
Cilegon, -
PT Krakatau Semen Indonesia (“PT KSI”)
PT Krakatau Argo Logistic (“PT KAL”)
PT Krakatau Daedong Machinery
(“PT KDM”)
PT Krakatau Blue Water (“PT KBW”)
PT Wijaya Karya Krakatau Beton
(“PT WKKB”)
Kegiatan usaha/Business activities
Cilegon, 2014
PT Pelat Timah Nusantara
(“PT Latinusa”)
PT Krakatau Osaka Steel (“PT KOS”)
Persentase kepemilikan/
Percentage of ownership
Cilegon, Cilegon, Cilegon, 2013
Cilegon, Cilegon, -
12
2014
2013
Manufaktur besi dan baja/
Iron and steel production
30,00
30,00
Manufaktur baja berlapis timah/
Tin plate steel production
20,10
20,10
Manufaktur seng/
Zinc production
29,31
29,31
Manufaktur alumunium/
Aluminium production
25,00
25,00
Manufaktur kapur/
Lime calcining production
20,00
20,00
Manufaktur baja plat dan lembaran/
Plate and rolled steel production
20,00
20,00
Manufaktur baja profil dan tulangan/
Section and reinforcing bars production
49,00
49,00
Manufaktur baja galvanized dan annealing/
Galvanized and annealed steel production
49,00
49,00
Manufaktur limbah batu bara/
Distilled Coal Tar production
30,00
30,00
Perdagangan, pembangunan dan jasa/
Trade, development and services
24,00
24,00
Manufaktur slag powder/
Slag powder production
50,00
50,00
Jasa transportasi/
Transportation service
48,00
48,00
Jasa reparasi mesin/
Machine repairment
30,00
30,00
Jasa pengolahan air limbah/
Water treatment service
33,00
33,00
Manufaktur beton pracetak/
Precast concrete production
30,00
30,00
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
1.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
UMUM (lanjutan)
1.
d. Dewan Komisaris, Direksi dan Karyawan
d. Boards of Commissioners, Directors and
Employees
The Boards of Commissioners and Directors of
the Company as of June 30, 2014 and
December 31, 2013 are as follows:
Susunan
Dewan
Komisaris
dan
Direksi
Perusahaan pada tanggal 30 Juni 2014 dan
31 Desember 2013 adalah sebagai berikut:
30 Juni 2014/
June 30, 2014
Dewan Komisaris
Komisaris Utama
Komisaris
Komisaris
Komisaris
Komisaris Independen
Komisaris Independen
Dewan Direksi
Direktur Utama
Direktur Produksi
Direktur Logistik
Direktur Keuangan tidak terafiliasi
Direktur Sumber Daya Manusia
dan Umum
Direktur Pemasaran
Direktur Teknologi dan
Pengembangan Usaha
Susunan Komite
sebagai berikut:
Audit
31 Desember 2013/
December 31, 2013
Zacky Anwar
Binsar H. Simanjuntak
Tubagus Farich Nahril
Budi Darmadi
Mochammad Imron Zubaidy
Achmad Sofjan Ruky
Zacky Anwar
Binsar H. Simanjuntak
Tubagus Farich Nahril
Mochammad Imron Zubaidy
Achmad Sofjan Ruky
Irvan Kamal Hakim
Hilman Hasyim
Imam Purwanto
Sukandar
Irvan Kamal Hakim
Hilman Hasyim
Imam Purwanto
Sukandar
Dadang Danusiri
Yerry
Dadang Danusiri
Yerry
Widodo Setiadharmaji
Widodo Setiadharmaji
Perusahaan
Board of Commissioners
President Commissioner
Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Board of Directors
President Director
Production Director
Logistics Director
Unaffiliated Finance Director
Human Resources and General
Affairs Director
Marketing Director
Technology and Development
Director
The members of the
Committee are as follows:
adalah
30 Juni 2014/
June 30, 2014
Ketua
Wakil Ketua
Anggota
Anggota
GENERAL (continued)
Company’s
Audit
31 Desember 2013/
December 31, 2013
Achmad Sofjan Ruky
Binsar H. Simanjuntak
Iskariman Supardjo
Mohamad Hassan
Achmad Sofjan Ruky
Binsar H. Simanjuntak
Iskariman Supardjo
Mohamad Hassan
Chairman
Vice Chairman
Member
Member
Personil manajemen kunci Perusahaan dan
Entitas Anaknya meliputi anggota komisaris dan
direksi Perusahaan dan Entitas Anak.
The key management personnel of the
Company and its Subsidiaries comprises of the
members of directors and commissioners of the
Company and Subsidiaries.
Pada tanggal 30 Juni 2014 dan 31 Desember
2013, Kelompok Usaha memiliki karyawan tetap
masing-masing sebanyak 7.648 orang (tidak
direviu) dan 7.490 orang (tidak diaudit).
As of June 30, 2014 and December 31, 2013,
the “Group has 7,648 (unreviewed) and 7,490
permanent employees (unaudited), respectively.
e. Penyelesaian
Laporan
Konsolidasian Interim
Keuangan
e. Completion of the Interim
Financial Statements
Consolidated
The accompanying interim consolidated financial
statements were completed and authorized for
issue by the Company’s Directors on August 18,
2014.
Laporan keuangan konsolidasian interim ini telah
diselesaikan dan disetujui untuk diterbitkan oleh
Direksi Perusahaan pada tanggal 18 Agustus
2014.
13
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
2.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
a. Dasar
Penyajian
Laporan
Konsolidasian Interim
2.
Keuangan
SUMMARY
POLICIES
OF
SIGNIFICANT
ACCOUNTING
a. Basis of Preparation of the
Consolidated Financial Statements
Interim
Laporan keuangan konsolidasian interim telah
disusun sesuai dengan Standar Akuntansi
Keuangan di Indonesia (“SAK”), yang mencakup
Pernyataan dan Interpretasi yang dikeluarkan
oleh Dewan Standar Akuntansi Keuangan Ikatan
Akuntan Indonesia (“DSAK”) dan Peraturanperaturan serta Pedoman Penyajian dan
Pengungkapan
Laporan
Keuangan
yang
diterbitkan oleh BAPEPAM-LK.
The interim consolidated financial statements
have been prepared in accordance with
Indonesian Financial Accounting Standards
(“SAK”), which comprise the Statements and
Interpretations issued by the Financial
Accounting Standards Board of the Indonesian
Institute of Accountants (“DSAK”) and the
Regulations and the Guidelines on Financial
Statement Presentation and Disclosures issued
by BAPEPAM-LK.
Laporan keuangan konsolidasian interim disusun
sesuai dengan Pernyataan Standar Akuntansi
Keuangan
(“PSAK”)
No. 1
(Revisi 2009),
“Penyajian Laporan Keuangan” dan PSAK No. 3
(Revisi 2010), “Laporan Keuangan Interim”.
The interim consolidated financial statements
are prepared in accordance with the Statement
of Financial Accounting Standards (“PSAK”)
No. 1 (Revised 2009), “Presentation of Financial
Statements” and PSAK No. 3 (Revised 2010),
“Interim Financial Statements”.
Laporan keuangan konsolidasian interim disusun
berdasarkan konsep akrual, kecuali untuk laporan
arus kas, dan dengan menggunakan konsep
biaya historis, kecuali untuk beberapa akun
tertentu yang diukur berdasarkan pengukuran
sebagaimana
diuraikan
dalam
kebijakan
akuntansi masing-masing akun tersebut.
The interim consolidated financial statements
have been prepared on the accrual basis, except
for statement of cash flows, and using the
historical cost concept of accounting, except for
certain accounts which are measured on the
bases described in the related accounting
policies of each account.
Laporan arus kas konsolidasian interim yang
disusun dengan menggunakan metode langsung,
menyajikan penerimaan dan pengeluaran kas
yang diklasifikasikan dalam aktivitas operasi,
investasi dan pendanaan.
The interim consolidated statements of cash
flows, which have been prepared using the
direct method, present cash receipts and
payments classified into operating, investing and
financing activities.
Mata uang penyajian yang digunakan dalam
laporan keuangan konsolidasian interim adalah
Dolar Amerika Serikat (“Dolar AS”) yang
merupakan mata uang fungsional Perusahaan
(Catatan 2.d). Setiap entitas di dalam Kelompok
Usaha menetapkan mata uang fungsional sendiri
dan transaksi-transaksi di dalam laporan
keuangan dari setiap entitas diukur berdasarkan
mata uang fungsional tersebut.
The presentation currency used in the
preparation of the interim consolidated financial
statements is the United States Dollar (“US
Dollar”) which is the functional currency of the
Company (Note 2.d). Each entity in the Group
determines its own functional currency and items
included in the financial statements of each
entity are measured using that functional
currency.
Mata uang fungsional PT KWT, PT KDL, PT KHIP
dan PT MJIS adalah Dolar AS, sedangkan untuk
Entitas Anak lainnya adalah Rupiah.
The functional currency of PT KWT, PT KDL,
PT KHIP and PT MJIS is the US Dollar while
other Subsidiaries are the Rupiah.
14
The original interim consolidated financial statements included herein
are in the Indonesian language.
PT KRAKATAU STEEL (PERSERO) Tbk
dan Entitas Anaknya
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN INTERIM
30 Juni 2014 (Tidak Diaudit)
(Disajikan dalam ribuan Dolar AS dan dalam jutaan
Rupiah, kecuali dinyatakan lain)
2.
PT KRAKATAU STEEL (PERSERO) Tbk
and Its Subsidiaries
NOTES TO THE INTERIM CONSOLIDATED
FINANCIAL STATEMENT
June 30, 2014 (Unaudited)
(Expressed in thousands of US Dollar and
in millions of Rupiah, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
(lanjutan)
2.
b. Prinsip-prinsip konsolidasi
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
b. Principles of consolidation
Laporan keuangan konsolidasian interim meliputi
akun-akun Kelompok Usaha seperti disebutkan
pada Catatan 1.c (secara langsung maupun tidak
langsung) dengan kepemilikan saham leb