PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS
PERIOD ENDED MARCH 31, 2011 AND 2010 Continued
- 43 - 27. NET SALES
The details on net sales are as follows:
28. COST OF GOODS SOLD
The details of cost of goods sold are as follows:
29. OPERATING EXPENSES
The details of operating expenses are as follows: Selling Expenses
PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS
PERIOD ENDED MARCH 31, 2011 AND 2010 Continued
- 44 -
General And Administrative Expenses
March 31 March 31
2011 2010
Rp 000 Rp 000
Salaries and benefits 12,902,504
9,733,671 Office expenses
2,374,596 1,860,612
Representation 1,904,359
738,634 Rent
1,606,198 756,207
Travel and transportation 992,037
611,451 Professional fees
447,559 1,026,114
Taxes and licenses 360,052
1,159,784 Insurance
350,459 454,281
Others 7,527,421
7,313,508
Total 28,465,185
23,654,262
30. INCOME TAX
Tax expense benefit of the Company and its subsidiaries consists of the following:
PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS
PERIOD ENDED MARCH 31, 2011 AND 2010 Continued
- 45 -
Current Tax
The details of the Company and its subsidiaries‟ current tax are as follows :
Deferred Tax
The details of the Company and its subsidiaries‟ deferred tax assets and liabilities are as follows:
31. APPROPRIATION FOR GENERAL RESERVE
In the Annual Stockholders‟ Meeting as documented in Notarial Deed No. 18 dated May 25, 2010 of Kartuti Suntana Sastraprawira, S.H., public notary in Jakarta, the stockholders approved to
appropriate Rp 500,000 thousand of its unappropriated retained earnings for general reserve. As of March 31, 2011 and December 31, 2010, the total appropriation for general reserve
amounted to Rp 4,500,000 thousand.
PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS
PERIOD ENDED MARCH 31, 2011 AND 2010 Continued
- 46 - 32. DIVIDENDS
2010 In the Annual Stockholders‟ Meeting as documented in Notarial Deed No. 18 dated May 25, 2010
of Kartuti Suntana Sastraprawira, S.H., public notary in Jakarta, the stockholders approved the distribution of cash dividend from profit of year 2009 amounting to Rp 41.473.452 thousand by
compensating the interim dividend which had been paid in November 2009. Total number of shares which are entitled to the cash dividends totaled to 4.153.984.493 shares with dividend ratio
of Rp 2 per share. The payment of the remaining cash dividend has been realized on June 29, 2010 amounting to Rp 8,307,969 thousand.
On November 3, 2010, during the Board of Commissioners
‟ Meeting it has been decided to distribute interim dividend amounting to Rp 8 per share for the year 2010. On, December 15,
2010, based on the decision during the Board of Commissioners‟ Meeting, the Company distributed interim dividend amounting to Rp 37,557,183 thousand or Rp 8 per share. Total
number of shares which are entitled to the interim dividends totaled to 4,694,647,824 shares. 33. NATURE OF RELATIONSHIP AND TRANSACTIONS WITH RELATED PARTIES
The details of the nature of relationship and significant transactions with related parties are as follows:
PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS
PERIOD ENDED MARCH 31, 2011 AND 2010 Continued
- 47 - There are no transactions with related parties that directly or indirectly related with main business
of the Company and its subsidiaries and identified as conflict of interest based on BAPEPAM-LK Regulation No. IX.E.1 “Conflict of Interest”.
34. SEGMENT INFORMATION
