PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF JUNE 30, 2013 AND DECEMBER 31, 2012, 2011 AND 2010 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2013 AND 2012 UNAUDITED
AND YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 Expressed in thousands of rupiah, unless otherwise stated
98
30. NET REVENUES
The details of net revenues are as follows:
Six-Month Periods Ended June 30,
Years Ended December 31, 2012
2013 unaudited
2012 2011
2010
Property development: Related parties Note 34
Houses 10,765,647
2,786,336 4,739,232
- -
Landplots 2,668,451
- -
- 9,677,685
Apartments 9,461,628
- 2,017,104
- -
Offices -
- -
15,552,000 -
Third parties Houses
103,792,498 427,151,538
843,009,583 939,536,025
596,051,040 Shops
417,620,192 -
338,313,880 236,272,125
201,953,224 Landplots
514,666,062 496,195,719
945,791,117 352,792,059
320,163,800 Apartments
328,608,923 -
368,360,363 3,814,495
26,868,187 Offices
- 150,295,510
- 112,079,390
- 1,387,583,401
1,076,429,103 2,502,231,279
1,660,046,094 1,154,713,936
Investment properties Note 13: Related parties Note 34
Mall and retail 13,247,952
5,825,743 14,211,338
- -
Office -
- 159,645
- -
Third parties Mall and retail
368,536,309 327,315,941
679,830,325 526,863,742
435,049,291 Commercial and others
23,430,851 21,768,134
59,222,126 36,213,287
20,865,786 Office
6,801,445 12,321,807
25,750,474 4,258,372
3,148,602 Residential
3,836,378 3,415,254
7,084,928 6,293,632
14,724,602 415,852,935
370,646,879 786,258,836
573,629,033 473,788,281
Others: Third parties
Hotel 44,333,955
42,523,771 86,191,653
68,754,547 30,486,404
Healthcare 27,339,810
12,059,412 31,559,174
4,985,007 -
Leisure 23,749,643
16,972,743 43,460,326
35,988,499 35,221,998
Others 24,998,186
8,697,304 13,462,004
15,927,533 6,621,798
120,421,594 80,253,230
174,673,157 125,655,586
72,330,200
Net revenues 1,923,857,930
1,527,329,212 3,463,163,272
2,359,330,713 1,700,832,417
Revenues from sales to related parties accounted for 1.88, 0.56, 0.61, 0.66 and 0.57 of net revenues for the six-month periods ended June 30, 2013 and 2012 and years ended December 31,
2012, 2011 and 2010, respectively.
There are no revenues exceeding 10 of annual net revenues that were earned from any single customer for the six-month periods ended June 30, 2013 and 2012 and years ended December 31,
2012, 2011 and 2010.
PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF JUNE 30, 2013 AND DECEMBER 31, 2012, 2011 AND 2010 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2013 AND 2012 UNAUDITED
AND YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 Expressed in thousands of rupiah, unless otherwise stated
99
31. COST OF SALES AND DIRECT COSTS
The details of cost of sales and direct costs are as follows:
Six-Month Periods Ended June 30,
Years Ended December 31, 2012
2013 unaudited
2012 2011
2010
Property development Houses
75,315,990 377,992,937
703,160,684 648,582,745
384,522,586 Shops
187,748,609 47,239,193
143,275,968 92,133,000
81,172,641 Landplots
88,044,694 139,683,919
253,897,139 145,562,081
218,201,605 Apartments
182,193,268 -
296,453,993 2,955,782
22,072,194 Offices
- -
- 78,933,643
- 533,302,561
564,916,049 1,396,787,784
968,167,251 705,969,026
Investment properties Mall and retail
178,900,439 159,131,460
326,767,729 252,363,182
182,510,149 Commercial and others
22,296,483 13,546,048
44,996,089 12,799,828
9,042,633 Office
9,414,003 3,918,479
396,946 4,995,655
4,737,738 Residential
1,834,047 539,600
3,273,153 3,395,863
3,351,352 212,444,972
177,135,587 375,433,917
273,554,528 199,641,872
Others Hotel
22,379,612 16,025,169
45,188,716 38,853,728
20,253,157 Healthcare
16,515,690 7,759,799
20,066,391 4,240,218
- Leisure
16,089,556 10,807,202
27,574,393 23,468,897
21,914,238 Others
16,743,734 3,345,326
6,125,166 3,900,818
- 71,728,592
37,937,496 98,954,666
70,463,661 42,167,395
Total cost of sales and direct costs 817,476,125
779,989,132 1,871,176,367
1,312,185,440 947,778,293
There are no purchases exceeding 10 of net revenues that were made from any single supplier for the six-month periods ended June 30, 2013 and 2012 and years ended December 31, 2012, 2011 and
2010.