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
103
34. BALANCES AND TRANSACTIONS WITH RELATED PARTIES continued
The Company and Subsidiaries, in their regular conduct of business, have engaged in sales transactions with related parties Note 30, the details of which follow:
Percentage to consolidated Amount
net revenues Six-Month Periods Ended June 30,
Six-Month Periods Ended June 30, 2013
2012 2013
2012 Net Revenues
Entity under common control
PT Star Maju Sentosa 13,247,952
5,825,743 0.6886
0.3814 Key management personnel
Harto Djojo Nagaria 5,137,555
655,493 0.2670
0.0429 G.E. Lilies Yamin
3,330,789 -
0.1731 -
Johanes Mardjuki 2,165,715
- 0.1126
- Ir. Adrianto P. Adhi
2,144,340 -
0.1115 -
Lexy Arie Tumiwa 2,099,196
- 0.1091
- Liliawati Rahardjo
1,436,858 -
0.0747 -
Esther Melyani Homan 647,659
- 0.0337
- Soegianto Nagaria
617,038 -
0.0321 -
Herman Nagaria 614,726
- 0.0320
- Other related parties
PT Maktosa Jaya Indah 2,854,108
1,409,060 0.1484
0.0923 PT Centrapacific Nusajaya
1,847,742 721,783
0.0960 0.0473
Sunarni Rahardja -
- -
-
Total 36,143,678
8,612,079 1.8788
0.5639 Percentage to consolidated
Amount net revenues
Years Ended December 31, Years Ended December 31,
2012 2011
2010 2012
2011 2010
Net revenues Entity under common
control PT Star Maju Sentosa
14,211,338 -
- 0.4104
- -
Key management personnel
Harta Djojo Nagaria 655,493
- 2,064,451
0.0189 -
0.1214 G.E. Lilies Yamin
- -
- -
- -
Johanes Mardjuki -
- -
- -
- Ir. Adrianto P. Adhi
- -
- -
- -
Lexy Arie Tumiwa -
- -
- -
- Liliawati Rahardjo
- -
- -
- -
Esther Melyani Homan -
- -
- -
- Soegianto Nagaria
1,431,349 -
3,120,600 0.0413
- 0.1835
Herman Nagaria 1,658,725
- 2,025,484
0.0479 -
0.1191 Other related parties
PT Maktosa Jaya Indah 2,153,176
7,440,000 -
0.0621 0.3153
- PT Centrapacific
Nusajaya 996,756
2,464,000 2,467,150
0.0288 0.1044
0.1451 Sunarni Rahardja
20,482 5,648,000
- 0.0006
0.2394 -
Total 21,127,319
15,552,000 9,677,685
0.6100 0.6591
0.5691
The amounts due from and due to related parties resulting from non-trade transactions are non- interest bearing and have no fixed repayment dates.
The transactions are made based on terms agreed by the parties. Such terms may not be the same as those for transactions with unrelated parties.
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
104
34. BALANCES AND TRANSACTIONS WITH RELATED PARTIES continued
The nature of the related party relationships and of the transactions with the related parties is as follows:
Related parties Relationship
Transactions
PT Star Maju Sentosa Under common control
Other receivables, space rental Herman Nagaria
Director Sale of landplot, deposit received
from sale of landplot, house and apartment
Soegianto Nagaria Director
Sale of landplot, deposit received from sale of landplot, house,
shop and apartment Harto Djojo Nagaria
Commissioner Sale of landplot, deposit received
from sale of landplot and house PT Maktosa Jaya Indah
Stockholder Sales of office
Esther Melyani Homan Commissioner
Sales of office Sunarni Rahardja
Stockholder Sales of office
PT Centrapacific Nusajaya Stockholder
Sale of landplot and office PT Sukmapersada Nusa
Associated entity Other receivable
PT Lestari Kreasi Joint venture
Loan payable, other receivable Liliawati Rahardjo
Director Other receivable
Johanes Mardjuki President Director
Deposit received from sale of shop
G.E. Lilies Yamin Unaffiliated Director
Deposit received from sale of shop
Lexy Arie Tumiwa Director
Deposit received from sale of shop
Theresia Mareta Close family member of
Deposit received from sale a Director
of shop Adrianto P. Adhi
Other Deposit received from sale of
shop KSO Summarecon Serpong
Joint venture Loan payable
KSO Summarecon Lakeview Joint venture
Loan payable PT Jakartabaru Cosmopolitan
Joint venture Payable on profit sharing
Note 39x PT Telaga Gading Serpong
Joint venture Payable on profit sharing
Soetjipto Nagaria President Commissioner
Payable for investment in shares of stock
PT Duta Putra Mahkota Other
Payable for investment in shares of stock
