Provident Agro Official Website
+62-21-5224-878
+62-21-5224-770
[email protected]
www.provident-agro.com
LAPorAn TAhunAn
Annual Report
Phone:
Fax:
Email:
Creating Possibilities,
Improving Performance
2013
PT Provident Agro Tbk
Gedung International Financial Centre Lt. 3A
Jalan Jendral Sudirman Kavling 22-23
Jakarta 12920
Creating Possibilities, Improving Performance
Laporan Tahunan 2013
Annual Report
2013
LAPorAn TAhunAn
Annual Report
daftar isi
table of contents
Ikhtisar Kinerja 2013
Performance Highlights 2013
39
4
40
5
6
7
Ikhtisar Keuangan
Financial Highlights
Grafik Keuangan
Financial Graphs
Ikhtisar Operasional
Operational Highlights
Ikhtisar Saham
Stock Highlights
Laporan Dewan Komisaris dan Direksi
Board of Commissioners and
Board of Directors Report
10
14
Laporan Dewan Komisaris
Board of Commissioners Report
Laporan Direksi
Board of Directors Report
41
42
44
10
21
22
24
26
27
28
32
36
Informasi Perusahaan
Company Information
Sekilas Perseroan
Company in Brief
Bidang Usaha
Business Activities
Jejak Langkah Perseroan
Company Milestones
Visi, Misi, dan Nilai Perusahaan
Vision, Mission, and Corporate Values
Struktur Organisasi
Organization Structure
Profil Dewan Komisaris
Board of Commissioners Profile
Profil Direksi
Board of Directors Profile
Sumber Daya Manusia
Human Resources
Entitas Anak Perseroan
Company’s Subsidiaries
Struktur Grup Perseroan
Company Group Structure
Konsultan Perseroan dan Kontak Penting
Company’s Advisers and Relevant Contacts
Analisis dan Pembahasan Manajemen
Management Discussion and Analysis
46
47
50
50
Profil Perusahaan
Company Profile
Komposisi Pemegang Saham
Composition of Shareholders
Lokasi Perkebunan dan Kantor
Location of Plantation and Offices
51
53
53
54
55
56
Kinerja Operasional
Operational Performance
Kinerja Keuangan
Financial Performance
Kemampuan Membayar Hutang
Solvency
Tingkat Kolektibilitas Piutang
Collectibility
Struktur Permodalan Dan Kebijakan
Manajemen Atas Struktur Permodalan
Capital Structure and Management
Policy on Capital Structure
Aspek Pemasaran
Marketing Aspect
Kebijakan Dividen
Dividend Policies
Penggunaan Dana Hasil Penawaran Umum
Use Of Public Offering Funds
Penggunaan Dana Hasil Penawaran Umum Terbatas (PUT)
Use of Limited Public Offering (LPO) Funds
Informasi Transaksi Material yang Mengandung Benturan
Kepentingan
Information on Material Transactions Which has Conflict
of Interests
56
Informasi dan Fakta Material yang Terjadi Setelah Tanggal
Laporan Akuntan
Material Events After Reporting Period
81
85
Perkara Penting yang dihadapi Perseroan dan Entitas
Anak
Significant Cases By the Company and Its Subsidiaries
Kode Etik
Code of Conduct
Tata Kelola Perusahaan
Good Corporate Governance
58
59
60
63
65
67
68
69
73
74
77
78
80
80
Prinsip-Prinsip GCG
The Principles of GCG
Pelaksanaan GCG
GCG Implementation
Rapat Umum Pemegang Saham
General Meetings of Shareholders
Dewan Komisaris
Board of Commissioners
Direksi
Board of Directors
Assesment Terhadap Dewan Komisaris dan Direksi
Assessment on The Board of Commissioners and The
Board of Directors
Hubungan Afiliasi Dewan Komisaris dan Direksi dengan
Entitas Anak
Affiliations of The Board of Commissioners and The Board
of Directors with The Subsidiaries
Komite Audit
Audit Committee
Sekretaris Perusahaan
Corporate Secretary
Audit Internal
Internal Audit
Akuntan Publik
Public Accountant
Manajemen Risiko
Risk Managemnet
Sistem Pengendalian Internal
Internal Control System
Komponen Pengendalian Internal
Internal Control Components
Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility
89
90
93
94
95
Tanggung Jawab Sosial Perusahaan terhadap
Lingkungan Hidup
Corporate Social Responsibility for the Environment
Tanggung Jawab Sosial Perusahaan terhadap
ketenagakerjaan dan pengembangan masyarakat
Corporate Social Responsibility on Employment and
Community Development
Tanggung Jawab Sosial Perusahaan terhadap
kesehatan dan keselamatan kerja
Corporate Social Responsibility on Occupational Health
and Safety
Tanggung Jawab Sosial Perusahaan terhadap
konsumen
Corporate Social Responsibility to Consumers
Pernyataan Anggota Dewan Komisaris dan
Direksi Tentang Tanggung Jawab atas Laporan
Tahunan 2013 PT Provident Agro Tbk.
Statement Letter of the Members of the Board
of Commissioners and the Board of Directors
Regarding Liability on Annual Report 2013 of PT
Provident Agro Tbk.
Laporan Keuangan Konsolidasian
Consolidated Financial Statements
PT Provident Agro Tbk
Annual Report 2013
1
Halaman ini sengaja dikosongkan
This page is intentionally left blank
Ikhtisar Kinerja 2013
Performance Highlights 2013
Creating Possibilities,
Improving Performance
Ikhtisar Keuangan
Financial Highlights
Dalam jutaan Rupiah
In million Rupiah
2013
2012
20111)
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOMES
Pendapatan
710.568
599.235
399.571
Revenues
Laba Bruto
191.202
140.807
160.966
Gross Profit
114.845
73.731
104.462
EBITDA2)
(417.128)
(86.817)
24.877
(Loss) Profit for the Year
LAPORAN LABA RUGI
KOMPREHENSIF KONSOLIDASIAN
EBITDA
2)
(Rugi) Laba Tahun Berjalan
Jumlah (Rugi) Laba yang Dapat Diatribusikan
Kepada :
Pemilik Entitas Induk
Kepentingan non-Pengendali
(Rugi) Laba Per Saham Dasar (Nilai Penuh)
3)
Total (loss) income attributable to :
(417.093)
(83.305)
27.163
(34)
(3.512)
(2.287)
(83)
(26)
26
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
Jumlah Aset Lancar
Owners of the parent entity
Non-controlling interest
(Loss) Basic Earnings per Share (Full Amount)3)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION
576.597
416.093
461.621
Total Current Assets
Jumlah Aset Tidak Lancar
3.414.298
2.871.141
2.347.747
Total Non Current Assets
Jumlah Aset
3.990.895
3.287.234
2.809.368
Total Assets
Jumlah Liabilitas Jangka Pendek
535.300
462.212
538.854
Total Short-Term Liabilities
Jumlah Liabilitas Jangka Panjang
1.908.689
1.933.282
1.187.764
Total Long-Term Liabilities
Jumlah Liabilitas
2.443.990
2.395.495
1.726.618
Total Liabilities
Jumlah Ekuitas
1.546.906
891.740
1.082.750
LAPORAN ARUS KAS
KONSOLIDASIAN
Arus kas bersih dari (digunakan untuk)
aktivitas operasi
Arus kas bersih digunakan untuk
aktivitas investasi
Arus kas bersih dari aktivitas pendanaan
Total Equity
CONSOLIDATED STATEMENTS OF
CASH FLOwS
(59.265)
8.245
99.423
Net cash flow from (used in)
operating activities
(367.186)
(755.135)
(245.805)
Net cash flow used in
investing activities
578.457
808.204
263.947
Net cash flow from financing activities
RASIO KEUANGAN
FINANCIAL RATIOS
Rasio Lancar
107,71%
90,02%
85,67%
Current Ratio
Rasio Laba (Rugi) Terhadap Aset
-10,45%
-2,53%
0,89%
Return on Assets
Rasio Laba (Rugi) Terhadap Ekuitas
-26,96%
-9,34%
2,30%
Return on Equity
26,91%
23,50%
40,28%
Gross Profit Margin
Rasio Laba Bruto Terhadap Pendapatan
Rasio Liabilitas terhadap Ekuitas (x)
1,58
2,69
1,59
Liabilities to Equity Ratio (x)
Rasio Liabilitas Terhadap Aset (x)
0,61
0,73
0,61
Liabilities to Assets Ratio (x)
Keterangan / Note:
1)
2)
3)
4
Data 2011 merupakan data Proforma dimana seolah-olah Entitas Anak yang diakuisisi pada tahun 2012 sudah bergabung sejak 1 Januari 2011 /
2011 figures are Proforma numbers as if subsidiaries acquired in 2012 had been consolidated since January 1, 2011
EBITDA = Laba Bruto - beban usaha + beban penyusutan / EBITDA = gross profit - operating expense + depreciation expense
Nilai nominal diasumsikan sebesar Rp100 (nilai penuh) per saham pada tahun 2011 / Assume par value of Rp100 (full amount) per share in 2011
PT Provident Agro Tbk
Laporan Tahunan 2013
Grafik Keuangan
Financial Graphs
PENDAPATAN
LABA BRUTO
Revenues
Gross Profit
Rp jutaan / Rp million
Rp jutaan / Rp million
710.568
599.235
191.202
399.571
160.966
140.807
2011
2012
2013
2011
2012
JUMLAH ASET
JUMLAH LIABILITAS
Total Assets
Total Liabilities
Rp jutaan / Rp million
3.990.895
2013
Rp jutaan / Rp million
3.287.234
2.809.368
2.395.495
2.443.990
1.726.618
2011
2012
2013
2011
2012
2013
PT Provident Agro Tbk
Annual Report 2013
5
Ikhtisar Operasional
Operational Highlights
Keterangan
2013
2012
20111)
Description
Lahan Tertanam (Ha)
Lahan Inti
Planted Area (Ha)
40,403
39,991
38,368
Menghasilkan
20,173
19,557
13,495
Mature
Belum Menghasilkan
20,230
20,434
24,872
Immature
Lahan Plasma
4,893
4,483
4,072
Menghasilkan
1,614
1,198
-
Belum Menghasilkan
Planted Nucleus
Planted Plasma
Mature
3,279
3,285
4,072
45,297
44,475
42,440
Menghasilkan
21,787
20,755
13,495
Mature
Belum Menghasilkan
23,510
23,720
28,944
Immature
Jumlah Lahan Tertanam
Immature
Total Planted
Profil Umur Tanaman (Ha)
Plantation Age Profile (Ha)
Menghasilkan :
Mature :
Tanaman Muda (4-7 tahun)
12,504
11,599
4,671
Young (4-7 years)
Tanaman Prima (8-17 tahun)
5,591
5,464
5,288
Prime (8-17 years)
Tanaman Tua (>17 tahun)
Belum Menghasilkan (17 years)
23,510
23,720
28,944
Immature (
+62-21-5224-770
[email protected]
www.provident-agro.com
LAPorAn TAhunAn
Annual Report
Phone:
Fax:
Email:
Creating Possibilities,
Improving Performance
2013
PT Provident Agro Tbk
Gedung International Financial Centre Lt. 3A
Jalan Jendral Sudirman Kavling 22-23
Jakarta 12920
Creating Possibilities, Improving Performance
Laporan Tahunan 2013
Annual Report
2013
LAPorAn TAhunAn
Annual Report
daftar isi
table of contents
Ikhtisar Kinerja 2013
Performance Highlights 2013
39
4
40
5
6
7
Ikhtisar Keuangan
Financial Highlights
Grafik Keuangan
Financial Graphs
Ikhtisar Operasional
Operational Highlights
Ikhtisar Saham
Stock Highlights
Laporan Dewan Komisaris dan Direksi
Board of Commissioners and
Board of Directors Report
10
14
Laporan Dewan Komisaris
Board of Commissioners Report
Laporan Direksi
Board of Directors Report
41
42
44
10
21
22
24
26
27
28
32
36
Informasi Perusahaan
Company Information
Sekilas Perseroan
Company in Brief
Bidang Usaha
Business Activities
Jejak Langkah Perseroan
Company Milestones
Visi, Misi, dan Nilai Perusahaan
Vision, Mission, and Corporate Values
Struktur Organisasi
Organization Structure
Profil Dewan Komisaris
Board of Commissioners Profile
Profil Direksi
Board of Directors Profile
Sumber Daya Manusia
Human Resources
Entitas Anak Perseroan
Company’s Subsidiaries
Struktur Grup Perseroan
Company Group Structure
Konsultan Perseroan dan Kontak Penting
Company’s Advisers and Relevant Contacts
Analisis dan Pembahasan Manajemen
Management Discussion and Analysis
46
47
50
50
Profil Perusahaan
Company Profile
Komposisi Pemegang Saham
Composition of Shareholders
Lokasi Perkebunan dan Kantor
Location of Plantation and Offices
51
53
53
54
55
56
Kinerja Operasional
Operational Performance
Kinerja Keuangan
Financial Performance
Kemampuan Membayar Hutang
Solvency
Tingkat Kolektibilitas Piutang
Collectibility
Struktur Permodalan Dan Kebijakan
Manajemen Atas Struktur Permodalan
Capital Structure and Management
Policy on Capital Structure
Aspek Pemasaran
Marketing Aspect
Kebijakan Dividen
Dividend Policies
Penggunaan Dana Hasil Penawaran Umum
Use Of Public Offering Funds
Penggunaan Dana Hasil Penawaran Umum Terbatas (PUT)
Use of Limited Public Offering (LPO) Funds
Informasi Transaksi Material yang Mengandung Benturan
Kepentingan
Information on Material Transactions Which has Conflict
of Interests
56
Informasi dan Fakta Material yang Terjadi Setelah Tanggal
Laporan Akuntan
Material Events After Reporting Period
81
85
Perkara Penting yang dihadapi Perseroan dan Entitas
Anak
Significant Cases By the Company and Its Subsidiaries
Kode Etik
Code of Conduct
Tata Kelola Perusahaan
Good Corporate Governance
58
59
60
63
65
67
68
69
73
74
77
78
80
80
Prinsip-Prinsip GCG
The Principles of GCG
Pelaksanaan GCG
GCG Implementation
Rapat Umum Pemegang Saham
General Meetings of Shareholders
Dewan Komisaris
Board of Commissioners
Direksi
Board of Directors
Assesment Terhadap Dewan Komisaris dan Direksi
Assessment on The Board of Commissioners and The
Board of Directors
Hubungan Afiliasi Dewan Komisaris dan Direksi dengan
Entitas Anak
Affiliations of The Board of Commissioners and The Board
of Directors with The Subsidiaries
Komite Audit
Audit Committee
Sekretaris Perusahaan
Corporate Secretary
Audit Internal
Internal Audit
Akuntan Publik
Public Accountant
Manajemen Risiko
Risk Managemnet
Sistem Pengendalian Internal
Internal Control System
Komponen Pengendalian Internal
Internal Control Components
Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility
89
90
93
94
95
Tanggung Jawab Sosial Perusahaan terhadap
Lingkungan Hidup
Corporate Social Responsibility for the Environment
Tanggung Jawab Sosial Perusahaan terhadap
ketenagakerjaan dan pengembangan masyarakat
Corporate Social Responsibility on Employment and
Community Development
Tanggung Jawab Sosial Perusahaan terhadap
kesehatan dan keselamatan kerja
Corporate Social Responsibility on Occupational Health
and Safety
Tanggung Jawab Sosial Perusahaan terhadap
konsumen
Corporate Social Responsibility to Consumers
Pernyataan Anggota Dewan Komisaris dan
Direksi Tentang Tanggung Jawab atas Laporan
Tahunan 2013 PT Provident Agro Tbk.
Statement Letter of the Members of the Board
of Commissioners and the Board of Directors
Regarding Liability on Annual Report 2013 of PT
Provident Agro Tbk.
Laporan Keuangan Konsolidasian
Consolidated Financial Statements
PT Provident Agro Tbk
Annual Report 2013
1
Halaman ini sengaja dikosongkan
This page is intentionally left blank
Ikhtisar Kinerja 2013
Performance Highlights 2013
Creating Possibilities,
Improving Performance
Ikhtisar Keuangan
Financial Highlights
Dalam jutaan Rupiah
In million Rupiah
2013
2012
20111)
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOMES
Pendapatan
710.568
599.235
399.571
Revenues
Laba Bruto
191.202
140.807
160.966
Gross Profit
114.845
73.731
104.462
EBITDA2)
(417.128)
(86.817)
24.877
(Loss) Profit for the Year
LAPORAN LABA RUGI
KOMPREHENSIF KONSOLIDASIAN
EBITDA
2)
(Rugi) Laba Tahun Berjalan
Jumlah (Rugi) Laba yang Dapat Diatribusikan
Kepada :
Pemilik Entitas Induk
Kepentingan non-Pengendali
(Rugi) Laba Per Saham Dasar (Nilai Penuh)
3)
Total (loss) income attributable to :
(417.093)
(83.305)
27.163
(34)
(3.512)
(2.287)
(83)
(26)
26
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
Jumlah Aset Lancar
Owners of the parent entity
Non-controlling interest
(Loss) Basic Earnings per Share (Full Amount)3)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION
576.597
416.093
461.621
Total Current Assets
Jumlah Aset Tidak Lancar
3.414.298
2.871.141
2.347.747
Total Non Current Assets
Jumlah Aset
3.990.895
3.287.234
2.809.368
Total Assets
Jumlah Liabilitas Jangka Pendek
535.300
462.212
538.854
Total Short-Term Liabilities
Jumlah Liabilitas Jangka Panjang
1.908.689
1.933.282
1.187.764
Total Long-Term Liabilities
Jumlah Liabilitas
2.443.990
2.395.495
1.726.618
Total Liabilities
Jumlah Ekuitas
1.546.906
891.740
1.082.750
LAPORAN ARUS KAS
KONSOLIDASIAN
Arus kas bersih dari (digunakan untuk)
aktivitas operasi
Arus kas bersih digunakan untuk
aktivitas investasi
Arus kas bersih dari aktivitas pendanaan
Total Equity
CONSOLIDATED STATEMENTS OF
CASH FLOwS
(59.265)
8.245
99.423
Net cash flow from (used in)
operating activities
(367.186)
(755.135)
(245.805)
Net cash flow used in
investing activities
578.457
808.204
263.947
Net cash flow from financing activities
RASIO KEUANGAN
FINANCIAL RATIOS
Rasio Lancar
107,71%
90,02%
85,67%
Current Ratio
Rasio Laba (Rugi) Terhadap Aset
-10,45%
-2,53%
0,89%
Return on Assets
Rasio Laba (Rugi) Terhadap Ekuitas
-26,96%
-9,34%
2,30%
Return on Equity
26,91%
23,50%
40,28%
Gross Profit Margin
Rasio Laba Bruto Terhadap Pendapatan
Rasio Liabilitas terhadap Ekuitas (x)
1,58
2,69
1,59
Liabilities to Equity Ratio (x)
Rasio Liabilitas Terhadap Aset (x)
0,61
0,73
0,61
Liabilities to Assets Ratio (x)
Keterangan / Note:
1)
2)
3)
4
Data 2011 merupakan data Proforma dimana seolah-olah Entitas Anak yang diakuisisi pada tahun 2012 sudah bergabung sejak 1 Januari 2011 /
2011 figures are Proforma numbers as if subsidiaries acquired in 2012 had been consolidated since January 1, 2011
EBITDA = Laba Bruto - beban usaha + beban penyusutan / EBITDA = gross profit - operating expense + depreciation expense
Nilai nominal diasumsikan sebesar Rp100 (nilai penuh) per saham pada tahun 2011 / Assume par value of Rp100 (full amount) per share in 2011
PT Provident Agro Tbk
Laporan Tahunan 2013
Grafik Keuangan
Financial Graphs
PENDAPATAN
LABA BRUTO
Revenues
Gross Profit
Rp jutaan / Rp million
Rp jutaan / Rp million
710.568
599.235
191.202
399.571
160.966
140.807
2011
2012
2013
2011
2012
JUMLAH ASET
JUMLAH LIABILITAS
Total Assets
Total Liabilities
Rp jutaan / Rp million
3.990.895
2013
Rp jutaan / Rp million
3.287.234
2.809.368
2.395.495
2.443.990
1.726.618
2011
2012
2013
2011
2012
2013
PT Provident Agro Tbk
Annual Report 2013
5
Ikhtisar Operasional
Operational Highlights
Keterangan
2013
2012
20111)
Description
Lahan Tertanam (Ha)
Lahan Inti
Planted Area (Ha)
40,403
39,991
38,368
Menghasilkan
20,173
19,557
13,495
Mature
Belum Menghasilkan
20,230
20,434
24,872
Immature
Lahan Plasma
4,893
4,483
4,072
Menghasilkan
1,614
1,198
-
Belum Menghasilkan
Planted Nucleus
Planted Plasma
Mature
3,279
3,285
4,072
45,297
44,475
42,440
Menghasilkan
21,787
20,755
13,495
Mature
Belum Menghasilkan
23,510
23,720
28,944
Immature
Jumlah Lahan Tertanam
Immature
Total Planted
Profil Umur Tanaman (Ha)
Plantation Age Profile (Ha)
Menghasilkan :
Mature :
Tanaman Muda (4-7 tahun)
12,504
11,599
4,671
Young (4-7 years)
Tanaman Prima (8-17 tahun)
5,591
5,464
5,288
Prime (8-17 years)
Tanaman Tua (>17 tahun)
Belum Menghasilkan (17 years)
23,510
23,720
28,944
Immature (