Utang Sewa Financial Report | Smartfren

PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 91 - 30 September 2013 31 Desember 2012 30 September 2013 31 Desember 2012 September 30, 2013 December 31, 2012 September 30, 2013 December 31, 2012 Tidak lebih dari 1 tahun 361.620.692.033 362.854.727.439 148.621.279.067 134.196.591.986 No later than 1 year Lebih dari 1 tahun sampai Later than 1 year but not dengan 5 tahun 1.282.466.042.710 1.324.634.347.798 650.158.688.294 625.250.098.413 later than 5 years Lebih dari 5 tahun 1.124.174.879.692 1.336.884.260.032 739.689.315.103 873.034.356.216 Later than 5 years Jumlah 2.768.261.614.435 3.024.373.335.269 1.538.469.282.464 1.632.481.046.615 Total Dikurangi beban keuangan Less future finance di masa depan 1.229.792.331.972 1.391.892.288.654 - - charges Nilai kini pembayaran minimum Present value of future sewa pembiayaan dimasa depan 1.538.469.282.463 1.632.481.046.615 1.538.469.282.464 1.632.481.046.615 minimum lease payments Disajikan sebagai : Presented as : Kewajiban lancar 148.621.279.067 134.196.591.986 Current liabilities Kewajiban tidak lancar 1.389.848.003.397 1.498.284.454.629 Noncurrent liabilities Jumlah 1.538.469.282.464 1.632.481.046.615 Total Nilai kini pembayaran minimum pembiayaan di masa depan sewa pembiayaan di masa depan Future minimum lease payments Present value of future minimum lease payments Pembayaran minimum sewa Berdasarkan lessor: Lease liabilities by lessors are as follows: 30 September 2013 31 Desember 2012 September 30, 2013 December 31, 2012 PT Inti Bangun Sejahtera 950.780.774.490 1.001.584.039.957 PT Inti Bangun Sejahtera PT Profesional Telekomunikasi PT Profesional Telekomunikasi Indonesia 303.380.812.034 304.039.475.607 Indonesia PT Tower Bersama 98.710.963.704 116.665.876.593 PT Tower Bersama PT Solusi ndo Kreasi Pratama 74.486.010.757 66.396.632.100 PT Solusindo Kreasi Pratama PT Komet Konsorsium 53.704.334.941 56.921.143.397 PT Komet Konsorsium PT Sarana Inti Persada 20.008.033.010 21.731.504.623 PT Sarana Inti Persada PT Gihon Telekomunikasi Indonesia 15.664.739.567 16.949.658.324 PT Gihon Telekomunikasi Indonesia PT Kopnatel Jaya 4.568.981.804 27.603.409.741 PT Kopnatel Jaya Lain-lain masing-masing dibawah Rp 10 miliar 17.164.632.157 20.589.306.273 Others below Rp 10 billion Total 1.538.469.282.464 1.632.481.046.615 Total Ikatan-ikatan penting yang dipersyaratkan dalam perjanjian sewa pembiayaan terutama adalah : The significant arrangements required in the finance lease agreements mainly are : a. Masa sewa asset antara 11-14 tahun dan dapat diperpanjang; a. Term of rental between 11-14 years and can be extended; b. Perusahaan harus membayar tagihan sewa tepat waktu sesuai yang tertera di perjanjian; b. The Company shall pay the invoices promptly as set forth in the agreements; c. Pembatalan sewa sebelum berakhirnya masa sewa oleh perusahaan mengakibatkan timbulnya kewajiban uang sewa terhadap masa sewa yang belum c. Rental cancellation before end of lease term by the Company will result in a lease payment obligation for the remaining unutilized period; PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 92 - dinikmati Perusahaan; d. Perusahaan harus memperbaiki kerusakan pada menara yang disebabkan oleh kesalahankelalaian Perusahaan; dan d. The Company shall repair the damage on the tower which caused by the act of the Company; and e. Perusahaan harus mengasuransikan peralatan telekomunikasi yang terpasang pada menara telekomunikasi. e. The Company shall insure the telecommunication equipment which installed at the telecommunication tower. 25. Nilai Wajar Aset dan Liabilitas Keuangan 25. Fair Value of Financial Assets and Financial Liabilities Nilai wajar adalah nilai dimana suatu instrumen keuangan dapat dipertukarkan antara pihak yang memahami dan berkeinginan untuk melakukan transaksi wajar, dan bukan merupakan nilai penjualan akibat kesulitan keuangan atau likuidasi yang dipaksakan. Nilai wajar diperoleh dari kuotasi harga atau model arus kas diskonto. Fair value is defined as the amount at which the financial instruments could be exchanged in a current transaction between knowledgeable, willing parties in an arm’s length transaction, other than in a forced sale or liquidation. Fair values are obtained from quoted prices and discounted cash flows model, as appropriate. Berikut adalah nilai tercatat dan estimasi nilai wajar atas aset dan liabilitas keuangan Grup pada tanggal 30 September 2013 dan 31 Desember 2012: The following table sets forth the carrying amounts and estimated fair values of Group’s financial assets and liabilities as of September 30, 2013 and December 31, 2012: 30 September 2013 September 30, 2013 Nilai Tercatat Estimasi Nilai Carrying WajarEstimated Amount Fair Values Aset Keuangan Financial Assets Kas dan setara kas 681.732.590.395 681.732.590.395 Cash and cash equivalents Piutang usaha 70.777.194.572 70.777.194.572 Trade accounts receivable Piutang lain-lain 34.181.622.785 34.181.622.785 Other accounts receivable Jumlah Aset Keuangan 786.691.407.752 786.691.407.752 Total Financial Assets Liabilitas Keuangan Financial Liabilities Utang usaha 494.740.135.490 494.740.135.490 Trade accounts payable Pinjaman jangka pendek 718.844.700.000 718.844.700.000 Short-term loans Utang lain-l ain 253.210.982.727 253.210.982.727 Other accounts payable Beban akrual 1.646.204.857.939 1.646.204.857.939 Accrued expenses Utang pinjaman 4.709.375.250.723 4.709.375.250.723 Loans payable Utang sewa pembiayaan 1.538.469.282.464 1.552.049.459.317 Lease liabilities Utang obligasi 1.111.990.889.897 1.343.041.853.701 Bonds payable Liabilitas derivatif 749.636.383.447 749.636.383.447 Derivative liability Liabilitas tidak l ancar lainnya 63.962.609.787 63.962.609.787 Other non-current liabilities Jumlah Liabilitas Keuangan 11.286.435.092.474 11.531.066.233.131 Total Financial Liabilities PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 93 - 31 Desember 2012 December 31, 2012 Nilai Tercatat Estimasi Nilai Carrying WajarEstimated Amount Fair Values Aset Keuangan Financial Assets Kas dan setara kas 141.301.222.795 141.301.222.795 Cash and cash equivalents Piutang usaha 44.327.524.174 44.327.524.174 Trade accounts receivable Piutang lain-lain 36.557.494.299 36.557.494.299 Other accounts receivable Jumlah Aset Keuangan 222.186.241.268 222.186.241.268 Total Financial Assets Liabilitas Keuangan Financial Liabilities Utang usaha 308.425.972.564 308.425.972.564 Trade accounts payable Utang lain-l ain 239.517.110.042 239.517.110.042 Other accounts payable Beban akrual 1.556.555.537.519 1.556.555.537.519 Accrued expenses Utang pinjaman 3.595.754.965.631 3.595.754.965.631 Loans payable Utang sewa pembiayaan 1.632.481.046.615 1.651.584.864.882 Lease liabilities Utang obligasi 983.466.808.861 1.101.387.107.538 Bonds payable Liabilitas derivatif 643.009.348.654 643.009.348.654 Derivative liability Liabilitas tidak l ancar lainnya 49.129.549.795 53.203.379.542 Other non-current liabilities Jumlah Liabilitas Keuangan 9.008.340.339.681 9.149.438.286.372 Total Financial Liabilities Hirarki Nilai Wajar Fair Value Hierarchy Grup memiliki opsi konversi yang melekat pada Global Note yang dicatat sebagai derivatif dan diukur pada nilai wajar dan disajikan sebagai “Liabilitas derivatif’. Nilai wajar instrumen keuangan ini tidak diperdagangkan pada pasar aktif yang ditentukan dengan menggunakan metode penilaian Black-Scholes. Metode penilaian ini memaksimalkan penggunaan data pasar yang tersedia dan estimasi entitas khusus. Jika seluruh input signifikan yang dibutuhkan untuk menentukan nilai wajar dapat diobservasi, maka instrumen tersebut termasuk dalam hirarki Tingkat 2. The Group has a conversion option embeded in the Global Note which is accounted for as a derivative, measured at fair value and is presented as “Derivative liability”. The fair value of this financial instrument that is not traded in an active market is detemined using valuation technique which is the Black-Scholes valuation method. This valuation technique maximizes the use of observable market data available and rely as little as possible on entity’s specific estimates. Since all of the significant inputs required to measure the fair value of an instrument are observable, the instrument is included in Level 2. Metode dan asumsi berikut ini digunakan oleh Grup untuk melakukan estimasi atas nilai wajar setiap kelompok instrumen keuangan. The following methods and assumptions were used by the Group to estimate the fair value of each classes of financial instrument. Aset keuangan lancar dan liabilitas keuangan jangka pendek non-derivatif Non-derivative current financial assets and liabilities Instrumen keuangan berupa kas dan setara kas, piutang usaha, piutang lain-lain, utang usaha, utang jangka pendek, utang lain-lain dan beban akrual jatuh tempo dalam jangka pendek maka nilai tercatat aset dan liabilitas keuangan telah mendekati estimasi nilai wajarnya. Due to the short term nature of the transactions for cash and cash equivalents, trade accounts receivable, other accounts receivables, trade accounts payable, short-term loans, other accounts payable and accrued expenses, the carrying amounts of the these financial assets and financial liabilities approximate the estimated fair market values.