Pengelolaan risiko keuangan Financial risk management

PT Vale Indonesia Tbk PT Vale Indonesia Tbk 30 Juni 2015 dan 2014 dan 31 Desember 2014 June 30, 2015 and 2014 and December 31, 2014 52 34. Aset dan liabilitas keuangan lanjutan 34. Financial assets and liabilities continued Nilai wajar diakui pada laba-rugi Fair value through Liabilitas keuangan pada statement of biaya perolehan diamortisasi Jumlah comprehensive Financial liabilities 30 Juni 2015 Total income at amortized cost June 30, 2015 Dalam ribuan Dolar AS US Dollars, in thousands Liabilitas keuangan: Financial liabilities: Utang usaha 62,977 - 62,977 Trade payables Akrual 27,322 - 27,322 Accruals Liabilitas imbalan kerja jangka Short-term employee pendek 4,250 - 4,250 benefit liabilities Liabilitas keuangan jangka Other current financial pendek lainnya 4,432 - 4,432 liabilities Pinjaman bank 164,336 - 164,336 Bank borrowings Jumlah liabilitas keuangan 263,317 - 263,317 Total financial liabilities Nilai wajar diakui pada laba-rugi Fair value through Liabilitas keuangan pada statement of biaya perolehan diamortisasi Jumlah comprehensive Financial liabilities 31 Desember 2014 Total income at amortized cost December 31, 2014 Dalam ribuan Dolar AS US Dollars, in thousands Liabilitas keuangan: Financial liabilities: Utang usaha 74,214 - 74,214 Trade payables Akrual 32,030 - 32,030 Accruals Liabilitas imbalan kerja jangka Short-term employee pendek 20,910 - 20,910 benefit liabilities Liabilitas keuangan jangka Other current financial pendek lainnya 3,066 - 3,066 liabilities Pinjaman bank 182,596 - 182,596 Bank borrowings Jumlah liabilitas keuangan 312,816 - 312,816 Total financial liabilities 35. Pengelolaan risiko keuangan 35. Financial risk management Aktivitas Perseroan terpengaruh oleh berbagai jenis risiko keuangan: risiko pasar termasuk risiko nilai tukar, risiko harga dan risiko tingkat suku bunga, risiko kredit, dan risiko likuiditas. Secara umum, program pengelolaan risiko keuangan Perseroan berfokus kepada ketidakpastian pasar keuangan dan berusaha meminimalkan efek tidak wajar terhadap kinerja keuangan Perseroan. The Company’s activities expose it to a variety of financial risks: market risk including foreign exchange risk, price risk and interest rate risk, credit risk and liquidity risk. The Company’s overall financial risk management program focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects on the financial performance of the Company. Pengelolaan risiko dilakukan oleh Direksi Perseroan. Direksi mengidentifikasi, mengevaluasi dan mengatur risiko keuangan, sesuai keperluan. Direksi menyediakan prinsip-prinsip keseluruhan untuk pengelolaan risiko, termasuk risiko pasar, risiko kredit dan risiko likuiditas. Risk management is carried out by the Company’s Board of Directors. The Board identifies, evaluates and manages financial risks, where considered appropriate. The Board of Directors provides principles for overall risk management, including market risk, credit risk and liquidity risks. Manajemen risiko permodalan Capital risk management Tujuan Perseroan dalam pengelolaan permodalan adalah untuk mempertahankan kelangsungan usaha Perseroan guna memberikan imbal hasil kepada pemegang saham dan manfaat kepada pemangku kepentingan lainnya serta menjaga struktur modal yang optimal dan mengurangi untuk mengurangi biaya modal. The Company’s objective when maintaining capital is to safeguard the Company’s ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital. Konsisten dengan entitas lain dalam industri yang sama, Perseroan memonitor permodalan berdasarkan rasio gearing. Rasio ini dihitung dengan membagi jumlah utang neto dengan jumlah modal. Utang neto dihitung dari jumlah pinjaman dikurangi kas dan setara kas. Jumlah modal dihitung dari “ekuitas” seperti yang ada pada laporan posisi keuangan ditambah utang neto. Consistent with others in the industry, the Company monitors capital on the basis of the gearing ratio. This ratio is calculated as net debt divided by total capital. Net debt is calculated as total borrowings as shown in the statements of financial position less cash and cash equivalents excluding restricted cash. Total capital is calculated as “equity” as shown in the statements of financial position plus net debt. PT Vale Indonesia Tbk PT Vale Indonesia Tbk 30 Juni 2015 dan 2014 dan 31 Desember 2014 June 30, 2015 and 2014 and December 31, 2014 53 35. Pengelolaan risiko keuangan lanjutan 35. Financial risk management continued