Efficient for Sustainable Growth
Laporan Tahunan
Annual Report
2015
Efficient for
Sustainable Growth
In the last three years, the national steel
industry has been facing numerous
challenges that also affected PT Krakatau
Steel’s performance as the leader of the
steel industry in Indonesia. The year 2015
was a turning point for the Company. This
is the year that the Company formulated a
number of strategies in responding to the
harsh challenges that are still faced by the
Company. In order to continuously provide
concrete contribution towards national
economic growth, the Company implements
strategic steps by prioritizing efficiency to
build a more professional and proactive
management towards changing situations.
For the Company, efficiency does not only
refer to cost cutting, but also efficiency to
increase productivity and independency
towards sustainable prosperity for the people.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Efficient for
Sustainable Growth
Efisiensi untuk Pertumbuhan Berkelanjutan
Selama tiga tahun terakhir, industri baja nasional
telah dihadapkan pada berbagai tantangan yang turut
mempengaruhi kinerja PT Krakatau Steel Tbk (Persero)
sebagai leader industri baja di Indonesia. Tahun 2015
merupakan turning point bagi Perseroan. Di tahun inilah
Perseroan menyusun berbagai strategi seiring dengan
tantangan berat yang masih dihadapi oleh Perseroan.
Agar dapat terus memberikan kontribusi nyata dalam
mendorong pertumbuhan ekonomi nasional, Perseroan
menerapkan langkah-langkah strategis dengan
mengedepankan prinsip efisiensi untuk membangun
manajemen yang lebih profesional dan proaktif terhadap
segala perubahan. Efisiensi bagi Perseroan bukan sematamata mengacu pada langkah penghematan, tetapi juga
efisiensi untuk peningkatan produktifitas dan kemandirian
demi kesejahteraan masyarakat yang berkelanjutan.
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
1
DAFTAR ISI
Contents
60
20
94
Profil Perusahaan
Company Profile
Analisis dan
Pembahasan
Manajemen
Management
Discussion and
Analysis
Tema
Theme
1
Kesinambungan Tema
4
2015 Highlights
6
2015 Highlights
Perkembangan Proyek Strategis
14
Profil Dewan Komisaris
16
Laporan Direksi
18
Profil Direksi
Analisis dan Pembahasan Manajemen
Management Discussion and Analysis
22
Company General Information
24
Kemampuan Membayar Hutang dan
Tingkat Kolektibilitas Piutang Perusahaan
30
Ability to Pay Current Liabilities and Receivables Collectivity
32
Struktur Modal dan Kebijakan Manajemen
atas Struktur Modal
Philosophy of Company Logo
Institution and Capital Market Support
Ikatan Material Terkait Investasi Barang Modal
37
Investasi Barang Modal Yang Direalisasikan
Pada Tahun Buku Terakhir
38
Realization Of Capital Goods Investment
in The Last Accounting Period
39
Perbandingan antara Target Perseroan
dengan Realisasi Tahun 2015
Securities Listing Chronology
Lembaga dan Profesi Penunjang Pasar Modal
Comparison of Targets and their Realization in 2015
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
111
112
113
Material Attachments Related to Capital Goods Investment
Ownership Composition and Share Information
Kronologi Pencatatan Efek
104
Capital Structure and Management Policy on Capital Structure
33
Group, Subsidiaries and Associate Entities
Komposisi Kepemilikan dan Informasi Saham
Tinjauan Keuangan
26
Company Vision Mission & Value
Grup Anak Perusahaan and Entitas Asosiasi
96
Financial Review
Milestone
Filosofi Lambang Perusahaan
Tinjauan Operasi Per Segmen Usaha
90
Operational Review Per Business Segment
Brief History of Krakatau Steel
Visi Misi & Nilai Perusahaan
78
Report from the Board of Directors
Profil Perusahaan
Company Profile
Tonggak Sejarah
74
Board of Commissioners Profile
Board of Directors Profile
Riwayat Singkat Perusahaan
62
Report from the Board of Commissioners
Awards and Certifications 2015
Informasi Umum Perusahaan
54
Corporate Governance of Information Technology
Laporan Dewan Komisaris
2015 Event Highlights
Penghargaan dan Sertifikasi 2015
Tata Kelola Teknologi Informasi
12
KRAS Share Highlights
Peristiwa Penting 2015
42
Human Capital Management
Laporan Manajemen
Management Report
Financial Highlights
Ikhtisar Saham KRAS
Pengelolaan Modal Insani
11
Operational Highlights
Ikhtisar Keuangan
40
8
Progress of Strategic Projects
Ikhtisar Operasional
Struktur Organisasi
Organization Structure
Kesinambungan Tema
2
Laporan Manajemen
Management Report
114
116
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
236
134
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Tanggung Jawab
Sosial Perusahaan
Corporate Social
Responsibility
Tata Kelola Perusahaan
Corporate Governance
Informasi dan Fakta Material yang Terjadi
Setelah Tanggal Laporan Akuntan
117
Sekretaris Perusahaan
118
120
122
123
124
Manajemen Risiko
223
230
Laporan Kepatuhan/Kode Etik
235
Statement of Compliance/Code of Ethic
126
Pengungkapan Mengenai Whistleblowing System
237
The Disclosure of Whistleblowing System
127
Keberagaman Komposisi Dewan Komisaris dan Direksi
239
The Diversity of BOC and BOD Compositions
130
Accounting Policies and Its Modifications
Informasi Kelangsungan Usaha
219
Important Case
Changes in Laws and Regulations with Significant
Impact for the Company
Kebijakan Akuntansi dan Perubahannya
Akuntan Publik
Perkara Penting
Information of Material Transactions with Affiliated Parties
Perubahan Peraturan Perundang-Undangan yang
Berpengaruh Signifikan Terhadap Perusahaan
209
Risk Management
Use of Proceeds from Public Offering
Informasi Transaksi Material dengan Pihak Afiliasi
Audit Internal
Public Accountant
Employee and or Management Share Ownership Program
(ESOP/MESOP)
Realisasi Penggunaan Dana Hasil Penawaran Umum
203
Internal Audit
Dividend Policy and Distribution
Program Kepemilikan Saham oleh Manajemen
dan/atau Karyawan (Esop/Mesop)
Rapat Umum Pemegang Saham
Annual General Meeting of Shareholders
Marketing Aspect
Kebijakan dan Pembagian Dividen
195
Corporate Secretary
The Company’s Business Prospect
Aspek Pemasaran
188
Other Committee Under the Auspices of the BOC
Material Information and Facts Occurring After
the Date of the Accountants’ Report
Prospek Usaha Perusahaan
Komite-Komite Lain Di Bawah Dewan Komisaris
131
Information on Business Continuity
Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility
CSR Yang Terkait dengan Pengembangan Sosial
dan Kemasyarakatan
244
Partnership and Community Development
CSR Yang Terkait dengan Lingkungan Hidup
Tata Kelola Perusahaan
Corporate Governance
Dasar-Dasar Tata Kelola Perusahaan
CSR Yang Terkait Dengan K3
136
CSR Related to HSE
140
CSR Yang Terkait dengan Tanggung Jawab
dan Komitmen Terhadap Produk dan Konsumen
The Principle of Corporate Governance
Roadmap dan Pengembangan Good
Krakatau Steel Governance
175
Audit Committee
Komite/Fungsi Nominasi dan Remunerasi
Nomination and Remuneration Committee/Function
260
142
Organs of Corporate Governance
Komite Audit
254
CSR Related to Responsibility and Commitment to
Product and Customer
Roadmap and Development of Good Krakatau Steel Governance
Organ Tata Kelola Perusahaan
250
Environmental Responsibilities
186
Surat Pernyataan atas Laporan Tahunan 2015
Statement for The 2015 Annual Report
262
Laporan Keuangan
Financial Statement
264
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
3
5
years
KESINAMBUNGAN TEMA
Sustainability Theme
2010
2011
Tahun bersejarah bagi
Perseroan menuju
Initial Public Offering
guna memenuhi
harapan para
pemangku kepentingan
terhadap keberlanjutan
Perseroan.
Melalui program
revitalisasi,
pengendalian biaya,
dan sinergi, Perseroan
mampu mencatat laba
bersih sebesar Rp1,02
trilyun di tengah
fluktuasi harga bahan
baku dan produk baja.
A historical year for the
Company in aiming
for the Initial Public
Offering as an effort to
fulfil the expectations
of stakeholders
on the Company’s
sustainability.
2012
2013
Perseroan menempa
potensi pertumbuhan
yang berkelanjutan
di masa depan
melalui ekspansi dan
diversifikasi.
Perseroan memperoleh
pengalaman berharga
dalam melalui masa
sulit yang penuh
tantangan akibat
tekanan harga baja
dunia.
The Company sought
for future sustainable
growth through
expansion and
diversification.
4
Through revitalization,
cost control and
synergy programs, the
Company recorded a
net profit of Rp1.02
trillion amidst the price
fluctuations in raw
materials and steel
products.
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
The Company obtained
invaluable experience
in going through the
tough times due to the
pressures from global
steel prices.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
2014
Kegigihan merupakan kunci
keberhasilan Perseroan dalam
menghadapi tantangan yang
bertubi-tubi.
Persistence is the key
in facing the unceasing
challenges.
2015
Perseroan harus
tetap tumbuh dan
berkembang secara
berkelanjutan di tengah
ketidakpastian kondisi
industri baja.
The Company must
grow and develop
sustainably in the midst
of uncertainties of the
global steel industry.
Strengthening
Our Foundation
2015
Laporan Tahunan
Annual Report
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
5
1,1
USD
miliar
billion
Kenaikan Nilai Aset Perseroan
Increase in Value of Corporate Assets
2015 HIGHLIGHTS
6
PT Krakatau Steel (Persero) Tbk
Tbk.––Laporan
LaporanTahunan
Tahunan2015
2015
93,3
%
Progres Engineering, Procurement &
Construction Blast Furnace Complex
Engineering, Procurement & Construction
of Blast Furnace Complex Progress
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
87,13
Skor Assessment Tata Kelola
Perusahaan dengan Kategori
Sangat Baik
Good Corporate Govenance
Assessment Score of Very Good
PTKrakatau
KrakatauSteel
Steel(Persero)
(Persero)Tbk.
Tbk––2015
2015Annual
Annual Report
Report
PT
7
PERKEMBANGAN PROYEK STRATEGIS
Progress of Strategic Projects
No.
1
Proyek Strategis
Strategic Project
Deskripsi Proyek
Project Description
PT Meratus Jaya Iron & Steel.
Perusahaan Patungan PTKS – PT
Antam
Pembangunan Pabrik Rotary Klin
berkapasitas 315.000 ton besi
spons per tahun dan Power Plant
berkapasitas 2x14 MW.
PT Meratus Jaya Iron & Steel,
Joint Venture Company between
PTKS and PT Antam
2
PT Krakatau Posco, Perusahaan
Patungan PTKS – Posco
PT Krakatau Posco, Joint Venture
Company between PTKS and
Posco
Construction of Rotary Klin Plant
with capacity of 315,000 tons of
sponge iron per year and Power
Plant with capacity of 2x14 MW
Integrated Steel Mill. Tahap I: 3
juta ton (Slab 1,5 juta + Plate 1,5
juta) per tahun
Integrated Steel Mill. Phase I: 3
Million tons (Slab 1.5 Million +
Plate 1.5 Million) per year
Tujuan Proyek
Project Goal
Mendayagunakan bahan
baku lokal untuk memenuhi
kebutuhan Besi Spons PTKS
dan menghasilkan listrik
untuk kebutuhan sendiri dan
masyarakat/industri Kalimantan
Selatan
Target
Penyelesaian
Target of
Completion
Triwulan-4 2012
th
4 Quarter 2012
To utilize the local raw materials to
supply sponge iron of PTKS and
generate electricity for self use
and and surrounding industries
and communities in South
Kalimantan province
Memenuhi kebutuhan pasar
baja domestic khususnya untuk
galangan kapal, konstruksi,
manufaktur serta slab untuk bahan
baku HSM – PTKS
Progress
%
Keterangan
Remarks
100% Selesai
dan sudah
beroperasi,
namun selama
tahun 2015
Pabrik tidak
dioperasikan
sesuai dengan
strategi pola
operasi
Completed
and has been
operating, but
during 2015 the
plant has not
been operated
in accordance
with strategic
operations
policy
Triwulan-4 2013
4th Quarter 2013
To fulfill the domestic steel
market demand, especially
for shipbuilding, construction,
manufacturing and raw materials
slab for HSM - PTKS
100% Selesai
dan sudah
beroperasi,
sebagian slab
baja yang
dihasilkan
disuplai untuk
memenuhi
kebutuhan
Perseroan
Completed
and has been
operating,
some of slab
steel produced
is supplied
to fulfill the
Company’s
needs.
3
PT Krakatau Posco Energy,
Perusahaan Patungan PT
Krakatau Daya Listrik – Posco
Energy
PT Krakatau Posco Energy, Joint
Venture Company between PT
Krakatau Daya Listrik and Posco
Energy
4
PT Krakatau Posco Chemtech
Calcination, Perusahaan
Patungan PT Krakatau Industrial
Estate Cilegon – Posco
Chemtech
6
8
Construction of Power Plant Fuel
Gas with capacity 200 MW
Memenuhi kebutuhan listrik PT
Krakatau Posco
4 Quarter 2013
To supply the electricity for PT
Krakatau Posco
Memenuhi kebutuhan kapur bakar
dan dolomite untuk PT Krakatau
Posco
Construction of burnt lime plant
with capacity of 2 x 330 tons
per day
To supply the burnt lime and
dolomite to PT Krakatau Posco
Pengembangan Jaringan Pipa
Distribusi – PT Krakatau Tirta
Industri
Pemasangan jaringan
pipa distribusi dan sarana
pendukungnya
Meningkatkan kapasitas pasokan
air industri dari 1.200 menjadi
1.800 liter/detik
Expansion of Water Pipeline
Distribution Network – PT
Krakatau Tirta Industry
Installation of industrial water
pipeline distriribution network
and supporting facilities
To increase the capacity of
industrial water supply from 1.200
to 1.800 liters/second
PT Indo Japan Steel Center,
Perusahaan Patungan PTKS –
Nippon Steel Trading
Pembangunan fasilitas coil center
dan distribution channel dengan
kapasitas 120.000 ton per tahun
Merupakan distribution channel
bagi produk HRC dan CRC PTKS
untuk industri otomotif
PT Indo Japan Steel Center,
Joint Venture between PTKS and
Nippon Steel Trading
Construction of coil center and
distribution channel facility with
capacity of 120,000 tons per year
A distribution channel for HRC
and CRC PTKS products for the
automotive industry
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Triwulan-4 2013
th
Pembangunan pabrik kapur
dengan kapasitas 2 x 330 ton
per hari
PT Krakatau Posco Chemtech
Calcination, Joint Venture
Company between PT Krakatau
Industrial Estate Cilegon and
Posco Chemtech
5
Pembangunan Pembangkit
Listrik Bahan Bakar Off Gas
berkapasitas 200 MW
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Profil Perusahaan
Company Profile
No.
7
8
Laporan Manajemen
Management Report
10
Tujuan Proyek
Project Goal
Peningkatan Kapasitas
Pelabuhan – PT Krakatau Bandar
Samudera
Pembangunan Terminal untuk
melayani kapal berbobot 30.000 200.000 DWT
Meningkatan kapasitas pelabuhan
untuk melayani operasional PTKS
dan PT Krakatau Posco dari 10
juta ton menjadi 25 juta ton
Port Expansion – PT Krakatau
Bandar Samudera
Construction of Jetties to serve
ships vessel with capacity in the
range 30.000 - 200.000 DWT
PT Krakatau Poschem Dongsuh
Chemical, Perusahaan Patungan
PT Krakatau Industrial Estate
Cilegon – Dongsuh – Posco
Chemtech
Pembangunan pabril pengolah
coal tar dengan kapasitas 73.000
ton per tahun
Construction of coal tar
processing plant with capacity of
73,000 tons per year
Pembangunan Pabrik Pipa
Electric Resistance Welding #2 –
PT KHI Pipe Industries
Modernisasi Dedusting Plant
Pabrik Slab Baja (SSP) 2
Pembangunan Blast Furnace
(BF) – PTKS
Construction of Blast Furnace
(BF) - PTKS
Pembangunan fasilitas produksi
pipa Electric Resistance Welding
#2 kapasitas 115.000 ton per
tahun
Construction of pipe production
facility for Electric Resistance
Welding #2 with capacity of
115,000 tons per year
Proyek Swakelola modernisasi
fasilitas dedusting untuk pabrik
slab baja (SSP) 2
Self-management project of
modernization dedusting facilities
for Slab Steel Plant (SSP) 2
Pembangunan Blast Furnace
Complex (Sintering Plant, Coke
Oven Plant, Blast Furnace dan
Hot Metal Treatment Plant)
berkapasitas 1,2 juta ton per
tahun
Construction of Blast Furnace
Complex (Sintering Plant, Coke
Oven Plant, Blast Furnace and
Hot Metal Treatment Plant) with
capacity of 1.2 million tons per
year
Triwulan-2 2014
nd
2 Quarter 2014
Mengolah by product PT Krakatau
Posco: coal tar sebesar 55.000
ton per tahun dan light oil sebesar
18.000 ton per tahun
Triwulan-2 2014
nd
2 Quarter 2014
Progress
%
Keterangan
Remarks
100% Selesai
dan sudah
beroperasi
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Processing by-product of PT
Krakatau Posco: coal tar by
55,000 tonnes per year and light
oil by 18,000 tons per year
Meningkatkan kapasitas
pabrik dari 118.000 menjadi
233.000 ton per tahun dan
memenuhi permintaan pasar
serta meningkatkan keuntungan
perusahaan
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Completed
and has been
operating
To increase the port capacity from
10 to 25 million ton to serve PTKS
and PT Krakatau Posco
Pembangunan Pembangkit Listrik Pembangunan Pembangkit Listrik Meningkatkan kapasitas produksi
Tenaga Gas & Uap – PT Krakatau Tenaga Gas & Uap kapasitas
listrik, menurunkan biaya produksi
Daya Listrik
dan meningkatkan kehandalan
120 MW
peralatan
Construction of Combined
Construction of Combine Cycled
Cycled Power Plant (CCPP) – PT Power Plant (CCPP) with capacity To increase the electricity capacity
Krakatau Daya Listrik
of 120 MW
production, reduce production
cost and improving the equipment
reliability
Dedusting Plant modernization of
Slab Steel Plant (SSP) 2
12
Target
Penyelesaian
Target of
Completion
Deskripsi Proyek
Project Description
Construction of Electric
Resistance Welding Pipe Plant #2
– PT KHI Pipe Industries
11
Tata Kelola Perusahaan
Good Corporate Governance
Proyek Strategis
Strategic Project
PT Krakatau Poschem Dongsuh
Chemical, Joint Venture between
PT Krakatau Industrial Estate
Cilegon, Dongsuh and Posco
Chemtech
9
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Triwulan-4 2014
th
4 Quarter 2014
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2014
th
4 Quarter 2014
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
To increase the plant capacity from
118,000 to 233,000 tons per year
and to supply the market demand
and increase company profit
Meningkatkan kemampuan sistem
dedusting untuk mendukung
operasi EAF 9 & 10 yang berbasis
Hot Metal Charge dengan
produktivitas yang optimal
Triwulan-4 2015
4th Quarter 2015
Completed and
self-managed
To enhance dedusting system
ability to support EAF 9 & 10
operations based on Hot Metal
Charge with optimal productivity
Menurunkan biaya produksi slab
melalui penurunan biaya bahan
baku dan konsumsi listrik serta
menciptakan keseimbangan
kapasitas produksi hulu dan hilir
To reduce the production cost of
slab through reducing raw material
and electricity costs as well as
balancingthe downstrem and
upstream facilities capacities
Sudah selesai
dan dikerjakan
secara
swakelola
Triwulan-3 2016
rd
3 Quarter 2016
93,30% • Tahap
konstruksi
• First blow in
September
2016
• Construction
stage
• First blow in
September
2016
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
9
PERKEMBANGAN PROYEK STRATEGIS
Progress of Strategic Projects
No.
13
Proyek Strategis
Strategic Project
Revitalisasi Pabrik Besi Spons
- PTKS
Iron making Plant Revitalization
- PTKS
14
15
Deskripsi Proyek
Project Description
Perubahan teknologi proses dari
reformer menjadi zero reformer
serta modernisasi instrumen dan
sistem kontrol
Memperbaiki kinerja dengan
adopsi teknologi terbaru untuk
meningkatkan kapasitas produksi
dari 1,5 juta ton menjadi 1,74
juta ton per tahun, menurunkan
Modification of the existing
konsumsi gas, meningkatkan
technology process from reformer kehandalan peralatan, kualitas
to zero reformer and modernize
produk dan kualitas lingkungan
instrument and control system
To improve the performance by
adopting the latest technology to
increase the production capacity
from 1.5 to 1.74 million tons
per year, reducing consumption
of natural gas and improving
equipment reliability, qualityof
product and quality of the
environment
PT Krakatau Osaka Steel,
Perusahaan Patungan PTKS –
Osaka Steel Corporation
Pembangunan pabrik baja
tulangan dan profil berkapasitas
500.000 ton per tahun
PT Krakatau Osaka Steel, Joint
Venture Company between PTKS
and Osaka Steel Corporation
Construction of bar and section
steel plant with capacity of
500,000 tons per year
Pembangunan Bendung
Cipasauran – PT Krakatau Tirta
Industri
Pembangunan Bendung
Cipasauran untuk memperoleh
tambahan sumber Air Baku
sebesar 750 liter per detik dari
Sungai Cipasauran
Construction of Cipasauran Dam
– PT Krakatau Tirta Industri
Construction of Cipasauran Dam
to get additional water sources
750 liters per second from
Cipasauran River
16
PT Krakatau Semen Indonesia,
Perusahaan Patungan PTKS –
PT Semen Indonesia
PT Krakatau Semen Indonesia,
Joint Venture Company between
PTKS and PT Semen Indonesia
17
PT Krakatau Nippon Steel
Sumikin, Perusahaan Patungan
PTKS – Nippon Steel Sumitomo
Metal Corporation
PT Krakatau Nippon Steel
Sumikin, Joint Venture Company
between PTKS and Nippon Steel
Sumitomo Metal Corporation
18
Pembangunan Hot Strip Mill
#2 – PTKS
Construction of Hot Strip Mill
#2 – PTKS
19
10
Pembangunan pabrik pengolahan
granulated slag menjadi slag
powder sebagai bahan baku
semen, kapasitas 750.000 ton
per tahun
Construction of granulated slag
processing plant to slag powder
as raw material of cement,
capacity of 750,000 tons per year
Pembangunan pabrik galvanizing
and annealing processing line
kapasitas 500.000 ton per tahun
Construction of galvanizing
and annealing processing line
capacity of 500,000 tons per year
Pembangunan Hot Strip Mill baru
dengan kapasitas 1,5 juta ton
per tahun
Construction of the new Hot
Strip Mill with capacity of 1.5
million tons per year
Memproduksi produk baja
tulangan dan profil bagi pasar
konstruksi dan otomotif,
meningkatkan distribusi dan
penjualan produk PTKS
Triwulan-3 2016
rd
3 Quarter 2016
Progress
%
Keterangan
Remarks
99,10% Penyelesaian
Revitalisasi
PBS (DR Plant)
dengan target
tahun 2016
disesuaikan
dengan strategi
operasi
Target DR Plant
revitalization
completion in
2016 following
operation
strategy
Triwulan-4 2016
45,20%
Tahap
konstruksi
th
4 Quarter 2016
Construction
stage
To produce the bar and section
steel products for the construction
and automotive markets,
improving the distribution and sale
of PTKS products
Meningkatkan kapasitas pasokan
air industri untuk memenuhi
kebutuhan air industri di Wilayah
Cilegon
Triwulan-4 2016
th
4 Quarter 2016
Mengolah granulated slag (by
product Blast Furnace) menjadi
slag powder sebagai bahan baku
semen
Triwulan-1 2017
1st Quarter 2017
9,71% Tahap
engineering
dan persiapan
konstruksi
Engineering
and
construction
preparation
stage
To process the granulated slag
(by product of Blast Furnace) to
slag powder as raw material of
cement
Memproduksi produk baja bagi
pasar otomotif, meningkatkan
distribusi dan penjualan produk
PTKS dan meningkatkan
pendapatan
0,41% Tahap
engineering
dan persiapan
konstruksi
Engineering
and
construction
preparation
stage
To increase water supply capacity
to fulfill the needs of industrial
water in Cilegon area
Triwulan-3 2017
26,20% Tahap
konstruksi
3rd Quarter 2017
Construction
stage
To produce the steel products for
the automotive market, improving
the distribution and sale of PTKS
products and increase revenue
Memenuhi permintaan pasar baja
domestik dan mempertahankan
posisi PTKS sebagai pemimpin
pasar baja domestik;
Meningkatkan fleksibilitas operasi
Triwulan-1 2019
st
1 Quarter 2019
Pembangunan Pembangkit Listrik Meningkatkan kapasitas produksi
Tenaga Batu Bara kapasitas 2
listrik dan menurunkan biaya
x 80 MW
produksi
Coal Boiler Power Plant 2 x 80
MW – PT Krakatau Daya Listrik
Construction of Coal Boiler
Power Plant with capacity of 2
x 80 MW
To increase electricity production
capacity and reduce production
cost
Proyek akan
dimulai pada
Semester 1
2016
Project will
Effectivelly start
at Semester 1
2016
To fulfill the demand of domestic
steel market and maintain PTKS
position as the leader of the
domestic steel market; Improve
operational flexibility
Pembangunan Coal Boiler
Batubara 2 x 80 MW – PT
Krakatau Daya Listrik
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Target
Penyelesaian
Target of
Completion
Tujuan Proyek
Project Goal
Triwulan-1 2019
st
1 Quarter 2019
Tahap
persiapan
dan proses
pendanaan
Preparation
and funding
process stage
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
IKHTISAR OPERASIONAL
Operational Highlights
Total Penjualan
Total Sales
(dalam ribuan USD)
(in thousand USD)
KETERANGAN
2015
2014
2013
2012
2011
DESCRIPTION
PENJUALAN DOMESTIK
DOMESTIC SALES
Baja Lembaran Panas
434.983
797.687
743.325
868.799
872.108
Hot Rolled Coil
Baja Lembaran Dingin
316.732
399.497
459.897
447.191
403.324
Cold Rolled Coil
Baja Batang Kawat
Baja Tulangan
61.546
111.889
149.145
172.758
176.391
Wire Rod
110.764
126.777
165.785
145.780
137.139
Steel Bar
Baja Profil
35.966
29.379
61.238
92.464
88.798
Steel Section
Pipa Baja
43.083
54.951
95.244
82.704
84.915
Steel Pipe
Lain-lain
Sub Total
36.396
33.340
41.613
42.544
16.063
1.039.469
1.553.520
1.716.247
1.852.240
1.778.738
13.664
49.000
28.961
13.647
38.643
PENJUALAN EKSPOR
Others
Sub Total
EXPORT SALES
Baja Lembaran Panas
Hot Rolled Coil
Pipa Baja
-
1.472
177
8.991
16.335
Steel Pipe
Lain-lain
-
3.514
5.683
4.894
14.907
Others
Sub Total
Total Penjualan Baja
13.664
53.986
34.822
27.532
69.885
1.053.134
1.607.506
1.751.069
1.879.771
1.848.623
22.947
20.652
29.835
66.816
28.864
112.799
117.057
204.588
252.507
77.948
Engineerings & Construction
57.224
52.857
34.765
35.517
29.729
Port Service Provider
Real Estate & Perhotelan
Rekayasa & Konstruksi
Jasa Pengelolaan Pelabuhan
Jasa Lainnya
Total Penjualan Jasa
Total Penjualan
Sub Total
Total Steel Sales
Real Estate & Hotels
75.720
70.773
64.191
52.834
47.688
Other Services
268.690
261.339
333.379
407.673
184.229
Total of Sales
1.321.823
1.868.845
2.084.448
2.287.445
2.032.852
Volume Penjualan Produk Baja
Total Sales
Sales Volume Of Steel Product
(dalam ton)
KETERANGAN
Volume penjualan produk baja
(in tonnes)
2015
2014
2013
2012
2011
1.941.844
2.316.121
2.375.957
2.307.870
2.072.322
DESCRIPTION
Sales volume of Steel Product
Volume Produksi
Production Volume
(dalam ton, kecuali dinyatakan lain)
KETERANGAN
(In Tonnes, otherwise stated)
Satuan
(Unit)
2015
2014
2013
2012
2011
BAJA - PRODUK JADI
DESCRIPTION
STEEL - FINISHED PRODUCT
Baja Lembaran Panas
Ton
1.468.329
1.870.070
1.821.025
1.835.968
1.760.851
Baja Lembaran Dingin
Ton
559.450
518.171
567.629
535.724
414.157
Hot Rolled Coil
Cold Rolled Coil
Batang Kawat
Ton
134.595
183.788
220.269
231.385
238.443
Wire Rod
Baja Tulangan
Ton
124.481
118.989
156.974
142.791
120.690
Steel Bar
Baja Profil
Ton
66.077
39.838
67.178
91.110
81.447
Steel Section
Pipa Baja
Ton
71.802
56.169
84.107
67.404
75.325
Steel Pipe
MWH
770.754
564.596
600.920
775.957
704.057
Electricity
000.M3
43.148
41.379
35.817
32.416
34.811
NON BAJA
Listrik
Air
NON STEEL
Water
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
11
IKHTISAR KEUANGAN
Financial Highlights
Laporan Laba/(Rugi) Komprehensif Konsolidasian
Consolidated Statement of Comprehensive Income
(dalam ribuan USD)
KETERANGAN
Pendapatan Neto
Laba (Rugi) Bruto
(in thousand USD)
2015
1.321.823
2014
2013
2012
1.868.845
2.084.448
2.287.445
95.620
2011
2.032.852
DESCRIPTION
Net Revenues
(36.432)
41.331
122.420
158.124
Gross Profit (Loss)
Laba (Rugi) Operasi
(183.549)
(70.854)
(1.067)
15.930
114.232
Operating Profit (Loss)
Laba (Rugi) Sebelum Beban
(Manfaat) Pajak
(333.313)
(190.113)
(14.747)
(15.471)
162.008
Profit (Loss) Before Tax Expense
(Benefit)
(6.799)
(35.928)
(1.147)
4.089
10.671
(326.514)
151.337
Beban (Manfaat) Pajak
Laba (Rugi) Tahun Berjalan
Pendapatan Komprehensif Lain
Total Laba (Rugi) Komprehensif
Tahun Berjalan
(154.185)
(13.600)
(19.560)
1.228.685
(6.119)
(50.318)
(10.220)
902.171
(160.304)
(63.918)
(29.780)
(1.746)
149.591
Laba (Rugi) Tahun Berjalan yang
Dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Kepada Kepentingan Non
Pengendali
Total
Kepada Kepentingan Non
Pengendali
Total
Profit (Loss) For The Year
Other Comprehensive Income
Total Comprehensive Profit
(Loss) For The Year
Profit (Loss) for the Year
Attributable to:
(320.029)
(147.114)
(6.485)
(7.071)
(326.514)
(154.185)
(13.986)
386
(13.600)
(20.435)
875
(19.560)
151.201
136
151.337
Laba (Rugi) Komprehensif Tahun
Berjalan yang Dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Tax Expense (Benefit)
Owner of The Parent Entity
Non Controlling Interest
Total
Comprehensive Profit (Loss) for the
Year Attributable to:
908.066
(5.895)
902.171
(153.206)
(7.098)
(160.304)
(64.247)
329
(63.918)
(30.640)
860
(29.780)
149.458
133
149.591
Laba (Rugi) Per Saham Dasar yang
dapat Diatribusikan:
Owner of The Parent Entity
Non Controlling Interest
Total
Basic Earning (Loss) per Share and
Dilluted Attributable to:
Kepada Pemilik Entitas Induk
(dalam Dolar Penuh)
(0,0203)
(0,0093)
(0,0009)
(0,0012)
0,0096
Owner of the Parent Entity (in
dollars)
Jumlah Saham Beredar (dalam
Juta lembar)
15.775
15.775
15.775
15.775
15.775
Number of Share (in Million of
share)
* Realisasi 2014 As Restated disebabkan Perseroan Mengimplementasikan PSAK 24 Revisi 2003 per 1 Januari 2015 dan Berlaku Restropektif
12
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Laporan Posisi Keuangan Konsolidasian
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Consolidated Statement Of Financial Position
(dalam ribuan USD)
(in thousand USD)
KETERANGAN
2015
Aset Lancar
892.540
Penyertaan/investasi
Aset Tidak Lancar Lainnya
2014
1.058.623
2013
1.095.219
2012
1.399.654
2011
1.486.117
DESCRIPTION
Current Assets
197.268
213.095
255.417
244.399
183.076
Investments
2.612.336
1.332.639
1.032.571
917.894
728.886
Non-Current Assets
Total Aset
3.702.144
2.604.357
2.383.207
2.561.947
2.398.079
Total Assets
Liabilitas Jangka Pendek
1.457.187
1.413.295
1.138.147
1.244.435
1.015.049
Current Liabilities
Liabilitas Jangka Panjang
456.853
305.129
198.081
201.526
212.434
1.914.040
1.718.424
1.336.228
1.445.961
1.227.483
1.781.000
872.934
1.027.094
1.096.066
1.151.536
7.104
12.999
19.885
19.920
19.060
Ekuitas, Neto
1.788.104
885.933
1.046.979
1.115.986
1.170.596
Total Liabilitas dan Ekuitas
3.702.144
2.604.357
2.383.207
2.561.947
2.398.079
155.219
471.068
Total Liabilitas
Ekuitas yang dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Kepada Kepentingan Non
pengendali
Modal Kerja Bersih
Non-Current Liabilities
Total Liabilities
Attributable equity to:
(564.647)
(354.672)
(42.928)
Owner of the Parent Entity
Non-Controlling Interest
Equity, Net
Total Liabilities and Equity
Net Working Capital
* Realisasi 2014 As Restated disebabkan Perseroan Mengimplementasikan PSAK 24 Revisi 2003 per 1 Januari 2015 dan Berlaku Restropektif
Rasio-Rasio Keuangan
KETERANGAN
Financial Ratio
2015
2014
2013
2012
2011
DESCRIPTION
Laba Usaha Terhadap Penjualan %
(13,89)
(3,79)
(0,05)
0,70
5,62
Income from Operations to Sales %
Laba Usaha Terhadap Ekuitas %
(10,27)
(8,00)
(0,10)
1,43
9,76
Income from Operations to Equity %
(4,96)
(2,72)
(0,04)
0,62
4,76
Laba Bersih Terhadap Ekuitas %
Laba Usaha Terhadap Jumlah Aset %
(18,26)
(17,40)
(1,30)
(1,75)
12,93
Laba Bersih Terhadap Aset %
(10,35)
Rasio Lancar %
61,25
74,90
96,23
112,47
146,41
107,04
193,97
127,63
129,57
104,86
Liabilities to Equity %
51,70
65,98
56,07
56,44
51,19
Liabilities to Assets %
Liabilitas Terhadap Ekuitas %
Liabilitas Terhadap Jumlah Aset %
(6,18)
(0,55)
(0,79)
6,99
Income from Operations to Assets %
Net Income to Equity %
Net Income to Assets %
Current Ratio %
* Laba Bersih Merupakan Total Laba (Rugi) Tahun Berjalan
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
13
IKHTISAR SAHAM KRAS
KRAS Share Highlights
Tren Harga Saham KRAS di Bursa Efek Indonesia
Trend of KRAS Share Price on The Indonesia Stock Exchange
Closing Price (Rp)
Volume (Share)
120.000.000
600
100.000.000
500
80.000.000
400
60.000.000
300
40.000.000
200
20.000.000
100
0
2J
an
20
2A
14
pr
2O
2J
20
14
ul 2
kt
01
4
2J
an
20
14
15
Closing Price (Rp)
Kinerja Saham KRAS di Bursa Efek Indonesia
pr
20
15
0
2O
2J
ul 2
kt
01
5
20
15
Volume (Share)
KRAS Share Performance on The Indonesia Stock Exchange
Harga Saham
Share Price
Periode
Period
20
2A
Tertinggi
High
Terendah
Low
Penutupan
Closing
(Rp)
(Rp)
(Rp)
Volume
Volume
Nilai
Price
Frekuensi
Frequency
(juta lembar)
million share
(Rp juta)
Rp million
x
2014
Triwulan I/Q1
580
470
515
263,76
132.682,57
18.464
Triwulan II/Q2
530
435
443
104,51
51.482,48
14.302
Triwulan III/Q3
535
435
490
178,07
87.059,15
24.734
Triwulan IV/Q4
515
449
485
287,93
137.041,64
25.968
492
425
428
161,69
75.329,11
17.755
2015
Triwulan I/Q1
Triwulan II/Q2
505
330
341
343,32
146.613,92
32.599
Triwulan III/Q3
420
303
312
418,42
143.517,22
42.867
Triwulan IV/Q4
355
272
293
264,11
85.407,87
31.352
Keterangan:
• Jumlah saham beredar sebanyak 15.775.000.000 lembar saham.
• Tidak terjadi aksi pemecahan saham (stock split), penggabungan saham
(reverse stock), dividen saham, saham bonus, dan penurunan nilai nominal
saham dalam dua tahun terakhir.
• Tidak terjadi penghentian sementara perdagangan saham perusahaan dalam
2 tahun terakhir.
14
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Remarks:
• Number of outstanding share 15.775.000.000 shares.
• There is no stock split, reverse stock, dividen stock, bonus stock, and the
declining of par value of stock in the last 2 years.
• There is no suspend of company share trade in the last 2 years.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Kapitalisasi Pasar KRAS
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
KRAS Market Capitalization
Jumlah Saham Beredar
No. of Outstanding Shares
Harga Penutupan
Closing Price
(Rp)
Kapitalisasi Pasar
Market Capitalization
(Rp juta/million)
Triwulan I/Q1
15.775.000.000
515
8.124.125
Triwulan II/Q2
15.775.000.000
443
6.988.325
Triwulan III/Q3
15.775.000.000
490
7.729.750
Triwulan IV/Q4
15.775.000.000
485
7.650.875
Triwulan I/Q1
15.775.000.000
428
6.751.700
Triwulan II/Q2
15.775.000.000
341
5.379.275
Triwulan III/Q3
15.775.000.000
312
4.921.800
Triwulan IV/Q4
15.775.000.000
293
4.622.075
Akhir Periode
End of Period
2014
2015
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
15
PERISTIWA PENTING 2015
2015 Event Highlights
Januari
January
Februari
February
March
Maret
March
MoU suplai Hot Rolled Coil
(HRC) kepada PT Essar
Indonesia.
Produksi Baja WF 300
mm perdana PT Krakatau
Wajatama.
Long Term Supply Agreement
(LTSA) dengan PT Timah
(Persero) Tbk.
Long Term Supply Agreement
(LTSA) dengan PT Sunrise
Steel.
MoU of Hot Rolled Coil (HRC)
supply of PT Essar Indonesia.
First production of WF 300
mm steel by PT Krakatau
Wajatama.
Long Term Supply Agreement
(LTSA) with PT Timah (Persero)
Tbk.
Long Term Supply Agreement
(LTSA) with PT Sunrise Steel.
Mei
Mei
May
May
Juni
June
Penandatanganan Perjanjian Pinjaman Jangka Panjang Perseroan
untuk proyek Pembangunan Hot Strip Mill ke-2 (HSM#2) senilai
USD 260,05 juta.
Ground Breaking Ceremony
PT Krakatau Osaka Steel
(PT KOS).
Long Term Supply Agreement
(LTSA) dengan dengan
PT Fumira.
The signing of a Long Term Loan Agreement for Hot Strip Mill #2
(HSM#2) of USD 260.05 million.
Ground Breaking Ceremony
PT Krakatau Osaka Steel
(PT KOS).
Long Term Supply Agreement
(LTSA) with dengan
PT Fumira.
Juli
July
Kick Off Project Implementasi
Integrasi MES BFC dengan
SAP dan enhancement MES
Flat Product Perseroan.
Kick Off MES BFC Integration
Implementation Project with
SAP and MES Flat Product
enhancement.
16
Maret
Agustus
August
Agustus
August
Long Term Supply Agreement
(LTSA) dengan dengan
PT Blue Scope Indonesia.
Ground Breaking Ceremony
PT Krakatau Nippon Steel
Sumikin (PT KNSS).
Long Term Supply Agreement
(LTSA) with PT Blue Scope
Indonesia.
Ground Breaking Ceremony
PT Krakatau Nippon Steel
Sumikin (PT KNSS).
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
September
September
Commitment Declaration
untuk meningkatkan kerja
sama pasokan baja untuk
otomotif dengan PT Toyota
Motors Manufacturing
Indonesia.
Commitment Declaration in
increasing automotive steel
supply cooperation with
PT Toyota Motors
Manufacturing Indonesia.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
September
September
Pemasangan refraktori Blast
Furnace.
Installing Blast Furnace
refractory.
November
November
Go Live MES Flat Product
CRM sebagai pemutakhiran
sistem aplikasi lama yang
sudah obsolete.
Go Live MES Flat Product
CRM as an updating of old and
obsolete application.
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
September
Oktober
September
October
Perseroan telah melakukan penilaian kembali atas aktiva tetap
Perseroan (revaluasi aset) terhadap aset berupa lahan sehingga
memperoleh gain sebesar USD1.235,26 juta.
The Company has revalue fix assets (revaluation of assets) to a
several land in obtaining gain of USD1,235.26 million.
November
November
Perjanjian Pembiayaan
Investasi Proyek Bendungan
Cipasauran dan Water
Treatment Plant Cidanau
antara PT Krakatau Tirta
Industri dengan PT Sarana
Multi Infrastruktur (Persero).
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
November
Perjanjian kerja sama Perseroan
dengan Ikatan Perusahaan
Industri Kapal dan Lepas Pantai
Indonesia (Iperindo).
Cooperation agreement with
Association of Ship Building
Industries and Indonesian
Offshore (Iperindo).
November
November
November
Tumbuhnya gerakan innovasi
dan improvement.
The growth of innovation and
improvement activity.
Kerjasama teknis dengan
Posco Korea untuk
meningkatkan keandalan
Pabrik Baja Lembaran Panas.
Technical cooperation with
Posco Korea to increase the
reliability of Hot Strip Mill.
Loan Investment Agreement for
Cipasauran Dam Project and
Cidanau Water Treatment Plant
between PT Krakatau Tirta
Industri and PT Sarana Multi
Infrastruktur (Persero).
Desember
December
Peletakan batu terakhir
Coke Oven Plant (COP) Blast
Furnace.
Placing last stone of Coke
Oven Plant (COP) Blast
Furnace.
Desember
December
Swakelola penyelesaian
proyek Dedusting Pabrik
Slab Baja. Dedusting adalah
fasilitas yang digunakan untuk
mengendalikan emisi debu
yang sebelumnya dibuat di
workshop luar negeri.
Desember
Desember
December
December
Transformasi organisasi
perawatan sehingga dapat
menekan jumlah tenaga kerja.
Transformation of organization
maintenance in decreasing the
amount of human resources.
Pengembangan produk baja
untuk memenuhi kebutuhan
produsen otomotif dalam
negeri.
Steel product development
to fulfil the needs of domestic
automotive producer.
Self-management in finishing
the Dedusting project of Slab
Steel Plant. Dedusting is the
facility that used for controling
dust emission which already
made in foreign country before.
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
17
PENGHARGAAN DAN SERTIFIKASI 2015
Awards and Certifications 2015
A
B
F
G
A. PT Krakatau Tirta Industri
ditetapkan Most Creative
Companies 2015 oleh
Majalah SWA.
PT Krakatau Tirta
Industry is awarded the
Most Creative Company
2015 by SWA Magazine.
F. Piagam Penghargaan
Industri Hijau 2015
dari Kementerian
Perindustrian.
The Company is awarded
The Green Industry
Award 2015 by the
Minsitry of Industry.
18
C
B. Perseroan mendapat
Penghargaan K3, KPKU
dan Zero Accident
oleh Gubernur Banten.
The Company is awarded
the K3, KPKU and Zero
Accident Awards by
the Governor of Banten
Province.
G. PT Krakatau Bandar
Samudera Raih Good
Performance & Gold
Medal dalam IQA Award.
PT Krakatau Bandar
Samudera is awarded
the Good Performance
& Gold Medal in the IQA
Awards.
PT Krakatau Steel (Persero) Tbk
Tbk.––Laporan
LaporanTahunan
Tahunan2015
2015
D
E
H
I
C. PT KHI Pipe Industries
meraih Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
D. PT Krakatau Daya Listrik
Meraih Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
PT KHI Pipe Industries
is awarded the Zero
Accident Award by
the Ministry of Labor,
Republic of Indonesia.
PT Krakatau Daya
Listrik is awarded the
Zero Accident Award by
the Ministry of Labor,
Republic of Indonesia.
H. Perseroan mendapat
penghargaan
Padmamitra Award 2015
tingkat Provinsi Banten
dari Forum CSR Kesos
Provinsi Banten
The Company is awarded
the Padmanitra Award
2015 at the Banten
Provincial Level from the
Kesos CSR Forum of
Banten Province.
I. Perseroan Meraih
Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
The Company is awarded
the Zero Accident
Award from the Ministry
of Labor, Republic of
Indonesia.
E. Perseroan Raih Peringkat
1 PMDN Provinsi Banten
The Company is awarded
the Number One Rank
for the PMDN (Domestic
Investment Company) of
Banten Province.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
A
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
B
G
H
A. Sertifikasi
B. Sertifikasi Produk
Laboratorium
Baja JIS G 3101
Penguji SNI ISO/IEC
Rolled Steels for
17025:2008 (ISO/
general structure,
IEC 17025:2005) dari
JIS G 3106 Rolled
Komite Akreditasi
steels for welded
Nasional sebagai
structure, JIS
Persyaratan Umum
G3136 Rolled
Untuk Kompetensi
Steels for building
Laboratorium
structure dari Japan
Pengujian dan
Quality Assurance
Laboratorium
Organization.
Kalibrasi.
Masa berlaku
Masa berlaku
hingga 9 November
hingga 16 Desember
2017.
2019.
Awarded the JIS
G 3101 Rolled
Awarded the SNI
Steels for general
ISO/IEC 17025:2008
structure, JIS
(ISO/IEC 17025:2005)
G 3106 Rolled
Laboratory Test
steels for welded
Certifications from the
structure, JIS G3136
National Accreditation
Rolled Steels for
Committee
building structure
as a General
Certifications
Requirement For
from the Japan
Laboratory Testing
Quality Assurance
and Laboratory
Organization.
Calibration
Valid until 9
Competence. Valid
November 2017.
until 16 December
2019.
G. Sertifikasi Produk
Pelat Baja
Konstruksi Kapal
dari Biro Klasifikasi
Indonesia.
Masa berlaku
hingga 3 Desember
2020.
C
I
C. Sertifikasi Produk
Baja JIS G 3131
Hot Rolled Mild
Steel Plates, Sheet
and Strip, JIS G
3141 Cold Reduced
Carbon Steel Sheet
and Strip dari Japan
Quality Assurance
Organization.
Masa berlaku
hingga 9 November
2017.
Awarded the Steel
Product JIS G 3131
Hot Rolled Mild
Steel Plates, Sheet
and Strip, JIS G
3141 Cold Reduced
Carbon Steel
Sheet and Strip
from 2017 Japan
Quality Assurance
Organization. Valid
until 9 November
2017
H. Sertifikasi Produk
I. Sertifikasi ISO
Penggunaan Tanda
14001:2004 / SNI
SNI untuk produk
19 - 14001:2005 dari
Baja Lembaran, Pelat
Sucofindo.
dan Gulungan Canai
Masa berlaku
Panas dari Balai Riset
hingga 15 Agustus
dan Standarisasi
2016.
Industri Surabaya,
Lembaga Sertifikasi
ISO 14001:2004 /
Awarded Steel
Produk (LSPro).
SNI 19 - 14001:2005
Plates Product for
Masa berlaku
Certification from
Ship Construction
hingga 1 Juli 2019.
Sucofindo.
from Biro Klasifikasi
Valid until 15 August
Indonesia. Valid until
Awarded SNI
2016.
3 December 2020.
Certification for
Steel Sheet, Steel
Plate and Hot
Roll-Coiled Steel
from Balai Riset dan
Standarisasi Industri
Surabaya, Lembaga
Sertifikasi Produk
(LSPro).
Valid until 1 July
2019.
Tata Kelola Perusahaan
Good Corporate Governance
D
J
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
E
K
F
L
D. Sertifikasi Produk
E. Sertifikasi Produk
F. Sertifikasi Produk
Baja JIS G 3503
Baja JIS G 3505 Low
Baja Lembaran
Wire Rods for Core
Carbon Steel Wire
Panas (Coil &
Wire of Covered
Rods dari Japan
Pelat), SemiElectrode dari Japan
Quality Assurance
Finished Products,
Quality Assurance
Organization.
Steelmaking dari
Organization.
Masa berlaku
Lloyd’s Register.
Masa berlaku
hingga 9 November
Masa berlaku
hingga 9 November
2017
hingga 1 Februari
2017
2018
Awarded the Steel
Awarded the Steel
Product JIS G
Awarded Hot Rolled
Product JIS G
3505 Low Carbon
Coil Product (Coil
Steel Wire Rods
3503 Wire Rods
& Plates), Semifor Core Wire of
from the Japan
Finished Products,
Covered Electrode
Quality Assurance
Steelmaking from
Certification
Organization.
Lloyd’s Register.
Valid until 9
From the Japan
Valid until 1
November 2017.
Quality Assurance
February 2018
Organization.
Valid until 9
November 2017.
J. Sertifikasi OHSAS
18001:2007 dari
Sucofindo.
Masa berlaku
hingga 15 Agustus
2016.
OHSAS 18001:2007
certification from
Sucofindo.
Valid until 15 August
2016.
K. Sertifikasi Sistem
Manajemen
Keselamatan dan
Kesehatan Kerja
dari Kementerian
Tenaga Kerja
dan Transmigrasi
Republik Indonesia.
Masa berlaku
hingga 14 Mei 2017.
Occupational
Health & Safety
System (SMK3)
Certification from
Ministry of Labour
and Transmigration,
Republic of
Indonesia.
Valid until 14 May
2017.
L. Sertifikasi Audit
Sistem Manajemen
Pengamanan dari
Kepolisian Negara
Republik Indonesia.
Masa berlaku
hingga 5 Desember
2015.
Audit Safety
Management
System Certification
from the National
Police.
Valid until 5
December 2015.
PT
PTKrakatau
KrakatauSteel
Steel(Persero)
(Persero)Tbk.
Tbk – 2015 Annual Report
19
PROFIL
PERUSAHAAN
Company Profile
Informasi Umum Perusahaan
22
Company General Information
Riwayat Singkat Perusahaan
24
26
30
Group, Subsidiaries and Associate Entities
20
PT Krakatau Steel (Persero) Tbk – Laporan Tahunan 2015
Lembaga dan Profesi Penunjang Pasar Modal
39
Struktur Organisasi
40
Organization Structure
32
Philosophy of Company Logo
Grup Anak Perusahaan and Entitas Asosiasi
38
Institution and Capital Market Support
Company Vision Mission & Value
Filosofi Lambang Perusahaan
Kronologi Pencatatan Efek
Securities Listing Chronology
Milestone
Visi Misi & Nilai Perusahaan
37
Ownership Composition and Share Information
Brief History of Krakatau Steel
Tonggak Sejarah
Komposisi Kepemilikan dan Informasi Saham
Pengelolaan Modal Insani
42
Human Capital Management
33
Tata Kelola Teknologi Informasi
Corporate Governance of Information Technology
54
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
PT Krakatau Steel (Persero) Tbk – 2015 Annual Report
21
INFORMASI UMUM PERUSAHAAN
Company General Information
Nama Perusahaan
Company Name
PT Krakatau Steel (Persero) Tbk
Tanggal Berdiri
Date of Establishment
31 Agustus 1970 August 31st, 1970
Ruang Lingkup Usaha
• Industri baja terpadu, yang memproduksi Besi
Spons, Slab Baja, Billet Baja, Baja Lembaran
Panas, Baja Lembaran Dingin dan Baja Batang
Kawat.
• Perdagangan, yang meliputi kegiatan pemasaran,
distribusi dan keagenan, baik dalam maupun luar
negeri.
• Pemberian jasa seperti jasa desain dan rekayasa
dan konstruksi, pemeliharaan mesin, konsultasi
teknis maupun penyediaan sarana dan prasarana
yang menunjang kegiatan usaha Perusahaan.
• Kegiatan usaha penunjang seperti pergudangan,
perbengkelan, properti, pelabuhan, pendidikan
dan pelatihan, limbah produk dan limbah industri
pembangkit listrik, pengelolaan air dan jasa
teknologi informasi.
22
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Scope of Work
• Integrated steel industry, which produces Sponge
Iron, Slab, Billets, Hot Rolled Coil, Cold Rolled Coil
and Wire Rod.
• Trading activities, comprising sales, distribution
and agency work, both domestic and international
markets.
• Services, such as designing, engineering and
construction, machine maintenance, technical
consultancy and provision of infrastructure to
support the activities of the Company.
• Supporting activites such as warehousing,
workshop, property, port services, education
and training, waste and indust
Annual Report
2015
Efficient for
Sustainable Growth
In the last three years, the national steel
industry has been facing numerous
challenges that also affected PT Krakatau
Steel’s performance as the leader of the
steel industry in Indonesia. The year 2015
was a turning point for the Company. This
is the year that the Company formulated a
number of strategies in responding to the
harsh challenges that are still faced by the
Company. In order to continuously provide
concrete contribution towards national
economic growth, the Company implements
strategic steps by prioritizing efficiency to
build a more professional and proactive
management towards changing situations.
For the Company, efficiency does not only
refer to cost cutting, but also efficiency to
increase productivity and independency
towards sustainable prosperity for the people.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Efficient for
Sustainable Growth
Efisiensi untuk Pertumbuhan Berkelanjutan
Selama tiga tahun terakhir, industri baja nasional
telah dihadapkan pada berbagai tantangan yang turut
mempengaruhi kinerja PT Krakatau Steel Tbk (Persero)
sebagai leader industri baja di Indonesia. Tahun 2015
merupakan turning point bagi Perseroan. Di tahun inilah
Perseroan menyusun berbagai strategi seiring dengan
tantangan berat yang masih dihadapi oleh Perseroan.
Agar dapat terus memberikan kontribusi nyata dalam
mendorong pertumbuhan ekonomi nasional, Perseroan
menerapkan langkah-langkah strategis dengan
mengedepankan prinsip efisiensi untuk membangun
manajemen yang lebih profesional dan proaktif terhadap
segala perubahan. Efisiensi bagi Perseroan bukan sematamata mengacu pada langkah penghematan, tetapi juga
efisiensi untuk peningkatan produktifitas dan kemandirian
demi kesejahteraan masyarakat yang berkelanjutan.
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
1
DAFTAR ISI
Contents
60
20
94
Profil Perusahaan
Company Profile
Analisis dan
Pembahasan
Manajemen
Management
Discussion and
Analysis
Tema
Theme
1
Kesinambungan Tema
4
2015 Highlights
6
2015 Highlights
Perkembangan Proyek Strategis
14
Profil Dewan Komisaris
16
Laporan Direksi
18
Profil Direksi
Analisis dan Pembahasan Manajemen
Management Discussion and Analysis
22
Company General Information
24
Kemampuan Membayar Hutang dan
Tingkat Kolektibilitas Piutang Perusahaan
30
Ability to Pay Current Liabilities and Receivables Collectivity
32
Struktur Modal dan Kebijakan Manajemen
atas Struktur Modal
Philosophy of Company Logo
Institution and Capital Market Support
Ikatan Material Terkait Investasi Barang Modal
37
Investasi Barang Modal Yang Direalisasikan
Pada Tahun Buku Terakhir
38
Realization Of Capital Goods Investment
in The Last Accounting Period
39
Perbandingan antara Target Perseroan
dengan Realisasi Tahun 2015
Securities Listing Chronology
Lembaga dan Profesi Penunjang Pasar Modal
Comparison of Targets and their Realization in 2015
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
111
112
113
Material Attachments Related to Capital Goods Investment
Ownership Composition and Share Information
Kronologi Pencatatan Efek
104
Capital Structure and Management Policy on Capital Structure
33
Group, Subsidiaries and Associate Entities
Komposisi Kepemilikan dan Informasi Saham
Tinjauan Keuangan
26
Company Vision Mission & Value
Grup Anak Perusahaan and Entitas Asosiasi
96
Financial Review
Milestone
Filosofi Lambang Perusahaan
Tinjauan Operasi Per Segmen Usaha
90
Operational Review Per Business Segment
Brief History of Krakatau Steel
Visi Misi & Nilai Perusahaan
78
Report from the Board of Directors
Profil Perusahaan
Company Profile
Tonggak Sejarah
74
Board of Commissioners Profile
Board of Directors Profile
Riwayat Singkat Perusahaan
62
Report from the Board of Commissioners
Awards and Certifications 2015
Informasi Umum Perusahaan
54
Corporate Governance of Information Technology
Laporan Dewan Komisaris
2015 Event Highlights
Penghargaan dan Sertifikasi 2015
Tata Kelola Teknologi Informasi
12
KRAS Share Highlights
Peristiwa Penting 2015
42
Human Capital Management
Laporan Manajemen
Management Report
Financial Highlights
Ikhtisar Saham KRAS
Pengelolaan Modal Insani
11
Operational Highlights
Ikhtisar Keuangan
40
8
Progress of Strategic Projects
Ikhtisar Operasional
Struktur Organisasi
Organization Structure
Kesinambungan Tema
2
Laporan Manajemen
Management Report
114
116
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
236
134
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Tanggung Jawab
Sosial Perusahaan
Corporate Social
Responsibility
Tata Kelola Perusahaan
Corporate Governance
Informasi dan Fakta Material yang Terjadi
Setelah Tanggal Laporan Akuntan
117
Sekretaris Perusahaan
118
120
122
123
124
Manajemen Risiko
223
230
Laporan Kepatuhan/Kode Etik
235
Statement of Compliance/Code of Ethic
126
Pengungkapan Mengenai Whistleblowing System
237
The Disclosure of Whistleblowing System
127
Keberagaman Komposisi Dewan Komisaris dan Direksi
239
The Diversity of BOC and BOD Compositions
130
Accounting Policies and Its Modifications
Informasi Kelangsungan Usaha
219
Important Case
Changes in Laws and Regulations with Significant
Impact for the Company
Kebijakan Akuntansi dan Perubahannya
Akuntan Publik
Perkara Penting
Information of Material Transactions with Affiliated Parties
Perubahan Peraturan Perundang-Undangan yang
Berpengaruh Signifikan Terhadap Perusahaan
209
Risk Management
Use of Proceeds from Public Offering
Informasi Transaksi Material dengan Pihak Afiliasi
Audit Internal
Public Accountant
Employee and or Management Share Ownership Program
(ESOP/MESOP)
Realisasi Penggunaan Dana Hasil Penawaran Umum
203
Internal Audit
Dividend Policy and Distribution
Program Kepemilikan Saham oleh Manajemen
dan/atau Karyawan (Esop/Mesop)
Rapat Umum Pemegang Saham
Annual General Meeting of Shareholders
Marketing Aspect
Kebijakan dan Pembagian Dividen
195
Corporate Secretary
The Company’s Business Prospect
Aspek Pemasaran
188
Other Committee Under the Auspices of the BOC
Material Information and Facts Occurring After
the Date of the Accountants’ Report
Prospek Usaha Perusahaan
Komite-Komite Lain Di Bawah Dewan Komisaris
131
Information on Business Continuity
Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility
CSR Yang Terkait dengan Pengembangan Sosial
dan Kemasyarakatan
244
Partnership and Community Development
CSR Yang Terkait dengan Lingkungan Hidup
Tata Kelola Perusahaan
Corporate Governance
Dasar-Dasar Tata Kelola Perusahaan
CSR Yang Terkait Dengan K3
136
CSR Related to HSE
140
CSR Yang Terkait dengan Tanggung Jawab
dan Komitmen Terhadap Produk dan Konsumen
The Principle of Corporate Governance
Roadmap dan Pengembangan Good
Krakatau Steel Governance
175
Audit Committee
Komite/Fungsi Nominasi dan Remunerasi
Nomination and Remuneration Committee/Function
260
142
Organs of Corporate Governance
Komite Audit
254
CSR Related to Responsibility and Commitment to
Product and Customer
Roadmap and Development of Good Krakatau Steel Governance
Organ Tata Kelola Perusahaan
250
Environmental Responsibilities
186
Surat Pernyataan atas Laporan Tahunan 2015
Statement for The 2015 Annual Report
262
Laporan Keuangan
Financial Statement
264
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
3
5
years
KESINAMBUNGAN TEMA
Sustainability Theme
2010
2011
Tahun bersejarah bagi
Perseroan menuju
Initial Public Offering
guna memenuhi
harapan para
pemangku kepentingan
terhadap keberlanjutan
Perseroan.
Melalui program
revitalisasi,
pengendalian biaya,
dan sinergi, Perseroan
mampu mencatat laba
bersih sebesar Rp1,02
trilyun di tengah
fluktuasi harga bahan
baku dan produk baja.
A historical year for the
Company in aiming
for the Initial Public
Offering as an effort to
fulfil the expectations
of stakeholders
on the Company’s
sustainability.
2012
2013
Perseroan menempa
potensi pertumbuhan
yang berkelanjutan
di masa depan
melalui ekspansi dan
diversifikasi.
Perseroan memperoleh
pengalaman berharga
dalam melalui masa
sulit yang penuh
tantangan akibat
tekanan harga baja
dunia.
The Company sought
for future sustainable
growth through
expansion and
diversification.
4
Through revitalization,
cost control and
synergy programs, the
Company recorded a
net profit of Rp1.02
trillion amidst the price
fluctuations in raw
materials and steel
products.
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
The Company obtained
invaluable experience
in going through the
tough times due to the
pressures from global
steel prices.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
2014
Kegigihan merupakan kunci
keberhasilan Perseroan dalam
menghadapi tantangan yang
bertubi-tubi.
Persistence is the key
in facing the unceasing
challenges.
2015
Perseroan harus
tetap tumbuh dan
berkembang secara
berkelanjutan di tengah
ketidakpastian kondisi
industri baja.
The Company must
grow and develop
sustainably in the midst
of uncertainties of the
global steel industry.
Strengthening
Our Foundation
2015
Laporan Tahunan
Annual Report
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
5
1,1
USD
miliar
billion
Kenaikan Nilai Aset Perseroan
Increase in Value of Corporate Assets
2015 HIGHLIGHTS
6
PT Krakatau Steel (Persero) Tbk
Tbk.––Laporan
LaporanTahunan
Tahunan2015
2015
93,3
%
Progres Engineering, Procurement &
Construction Blast Furnace Complex
Engineering, Procurement & Construction
of Blast Furnace Complex Progress
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
87,13
Skor Assessment Tata Kelola
Perusahaan dengan Kategori
Sangat Baik
Good Corporate Govenance
Assessment Score of Very Good
PTKrakatau
KrakatauSteel
Steel(Persero)
(Persero)Tbk.
Tbk––2015
2015Annual
Annual Report
Report
PT
7
PERKEMBANGAN PROYEK STRATEGIS
Progress of Strategic Projects
No.
1
Proyek Strategis
Strategic Project
Deskripsi Proyek
Project Description
PT Meratus Jaya Iron & Steel.
Perusahaan Patungan PTKS – PT
Antam
Pembangunan Pabrik Rotary Klin
berkapasitas 315.000 ton besi
spons per tahun dan Power Plant
berkapasitas 2x14 MW.
PT Meratus Jaya Iron & Steel,
Joint Venture Company between
PTKS and PT Antam
2
PT Krakatau Posco, Perusahaan
Patungan PTKS – Posco
PT Krakatau Posco, Joint Venture
Company between PTKS and
Posco
Construction of Rotary Klin Plant
with capacity of 315,000 tons of
sponge iron per year and Power
Plant with capacity of 2x14 MW
Integrated Steel Mill. Tahap I: 3
juta ton (Slab 1,5 juta + Plate 1,5
juta) per tahun
Integrated Steel Mill. Phase I: 3
Million tons (Slab 1.5 Million +
Plate 1.5 Million) per year
Tujuan Proyek
Project Goal
Mendayagunakan bahan
baku lokal untuk memenuhi
kebutuhan Besi Spons PTKS
dan menghasilkan listrik
untuk kebutuhan sendiri dan
masyarakat/industri Kalimantan
Selatan
Target
Penyelesaian
Target of
Completion
Triwulan-4 2012
th
4 Quarter 2012
To utilize the local raw materials to
supply sponge iron of PTKS and
generate electricity for self use
and and surrounding industries
and communities in South
Kalimantan province
Memenuhi kebutuhan pasar
baja domestic khususnya untuk
galangan kapal, konstruksi,
manufaktur serta slab untuk bahan
baku HSM – PTKS
Progress
%
Keterangan
Remarks
100% Selesai
dan sudah
beroperasi,
namun selama
tahun 2015
Pabrik tidak
dioperasikan
sesuai dengan
strategi pola
operasi
Completed
and has been
operating, but
during 2015 the
plant has not
been operated
in accordance
with strategic
operations
policy
Triwulan-4 2013
4th Quarter 2013
To fulfill the domestic steel
market demand, especially
for shipbuilding, construction,
manufacturing and raw materials
slab for HSM - PTKS
100% Selesai
dan sudah
beroperasi,
sebagian slab
baja yang
dihasilkan
disuplai untuk
memenuhi
kebutuhan
Perseroan
Completed
and has been
operating,
some of slab
steel produced
is supplied
to fulfill the
Company’s
needs.
3
PT Krakatau Posco Energy,
Perusahaan Patungan PT
Krakatau Daya Listrik – Posco
Energy
PT Krakatau Posco Energy, Joint
Venture Company between PT
Krakatau Daya Listrik and Posco
Energy
4
PT Krakatau Posco Chemtech
Calcination, Perusahaan
Patungan PT Krakatau Industrial
Estate Cilegon – Posco
Chemtech
6
8
Construction of Power Plant Fuel
Gas with capacity 200 MW
Memenuhi kebutuhan listrik PT
Krakatau Posco
4 Quarter 2013
To supply the electricity for PT
Krakatau Posco
Memenuhi kebutuhan kapur bakar
dan dolomite untuk PT Krakatau
Posco
Construction of burnt lime plant
with capacity of 2 x 330 tons
per day
To supply the burnt lime and
dolomite to PT Krakatau Posco
Pengembangan Jaringan Pipa
Distribusi – PT Krakatau Tirta
Industri
Pemasangan jaringan
pipa distribusi dan sarana
pendukungnya
Meningkatkan kapasitas pasokan
air industri dari 1.200 menjadi
1.800 liter/detik
Expansion of Water Pipeline
Distribution Network – PT
Krakatau Tirta Industry
Installation of industrial water
pipeline distriribution network
and supporting facilities
To increase the capacity of
industrial water supply from 1.200
to 1.800 liters/second
PT Indo Japan Steel Center,
Perusahaan Patungan PTKS –
Nippon Steel Trading
Pembangunan fasilitas coil center
dan distribution channel dengan
kapasitas 120.000 ton per tahun
Merupakan distribution channel
bagi produk HRC dan CRC PTKS
untuk industri otomotif
PT Indo Japan Steel Center,
Joint Venture between PTKS and
Nippon Steel Trading
Construction of coil center and
distribution channel facility with
capacity of 120,000 tons per year
A distribution channel for HRC
and CRC PTKS products for the
automotive industry
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Triwulan-4 2013
th
Pembangunan pabrik kapur
dengan kapasitas 2 x 330 ton
per hari
PT Krakatau Posco Chemtech
Calcination, Joint Venture
Company between PT Krakatau
Industrial Estate Cilegon and
Posco Chemtech
5
Pembangunan Pembangkit
Listrik Bahan Bakar Off Gas
berkapasitas 200 MW
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2013
th
4 Quarter 2013
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Profil Perusahaan
Company Profile
No.
7
8
Laporan Manajemen
Management Report
10
Tujuan Proyek
Project Goal
Peningkatan Kapasitas
Pelabuhan – PT Krakatau Bandar
Samudera
Pembangunan Terminal untuk
melayani kapal berbobot 30.000 200.000 DWT
Meningkatan kapasitas pelabuhan
untuk melayani operasional PTKS
dan PT Krakatau Posco dari 10
juta ton menjadi 25 juta ton
Port Expansion – PT Krakatau
Bandar Samudera
Construction of Jetties to serve
ships vessel with capacity in the
range 30.000 - 200.000 DWT
PT Krakatau Poschem Dongsuh
Chemical, Perusahaan Patungan
PT Krakatau Industrial Estate
Cilegon – Dongsuh – Posco
Chemtech
Pembangunan pabril pengolah
coal tar dengan kapasitas 73.000
ton per tahun
Construction of coal tar
processing plant with capacity of
73,000 tons per year
Pembangunan Pabrik Pipa
Electric Resistance Welding #2 –
PT KHI Pipe Industries
Modernisasi Dedusting Plant
Pabrik Slab Baja (SSP) 2
Pembangunan Blast Furnace
(BF) – PTKS
Construction of Blast Furnace
(BF) - PTKS
Pembangunan fasilitas produksi
pipa Electric Resistance Welding
#2 kapasitas 115.000 ton per
tahun
Construction of pipe production
facility for Electric Resistance
Welding #2 with capacity of
115,000 tons per year
Proyek Swakelola modernisasi
fasilitas dedusting untuk pabrik
slab baja (SSP) 2
Self-management project of
modernization dedusting facilities
for Slab Steel Plant (SSP) 2
Pembangunan Blast Furnace
Complex (Sintering Plant, Coke
Oven Plant, Blast Furnace dan
Hot Metal Treatment Plant)
berkapasitas 1,2 juta ton per
tahun
Construction of Blast Furnace
Complex (Sintering Plant, Coke
Oven Plant, Blast Furnace and
Hot Metal Treatment Plant) with
capacity of 1.2 million tons per
year
Triwulan-2 2014
nd
2 Quarter 2014
Mengolah by product PT Krakatau
Posco: coal tar sebesar 55.000
ton per tahun dan light oil sebesar
18.000 ton per tahun
Triwulan-2 2014
nd
2 Quarter 2014
Progress
%
Keterangan
Remarks
100% Selesai
dan sudah
beroperasi
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Processing by-product of PT
Krakatau Posco: coal tar by
55,000 tonnes per year and light
oil by 18,000 tons per year
Meningkatkan kapasitas
pabrik dari 118.000 menjadi
233.000 ton per tahun dan
memenuhi permintaan pasar
serta meningkatkan keuntungan
perusahaan
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Completed
and has been
operating
To increase the port capacity from
10 to 25 million ton to serve PTKS
and PT Krakatau Posco
Pembangunan Pembangkit Listrik Pembangunan Pembangkit Listrik Meningkatkan kapasitas produksi
Tenaga Gas & Uap – PT Krakatau Tenaga Gas & Uap kapasitas
listrik, menurunkan biaya produksi
Daya Listrik
dan meningkatkan kehandalan
120 MW
peralatan
Construction of Combined
Construction of Combine Cycled
Cycled Power Plant (CCPP) – PT Power Plant (CCPP) with capacity To increase the electricity capacity
Krakatau Daya Listrik
of 120 MW
production, reduce production
cost and improving the equipment
reliability
Dedusting Plant modernization of
Slab Steel Plant (SSP) 2
12
Target
Penyelesaian
Target of
Completion
Deskripsi Proyek
Project Description
Construction of Electric
Resistance Welding Pipe Plant #2
– PT KHI Pipe Industries
11
Tata Kelola Perusahaan
Good Corporate Governance
Proyek Strategis
Strategic Project
PT Krakatau Poschem Dongsuh
Chemical, Joint Venture between
PT Krakatau Industrial Estate
Cilegon, Dongsuh and Posco
Chemtech
9
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Triwulan-4 2014
th
4 Quarter 2014
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
Triwulan-4 2014
th
4 Quarter 2014
100% Selesai
dan sudah
beroperasi
Completed
and has been
operating
To increase the plant capacity from
118,000 to 233,000 tons per year
and to supply the market demand
and increase company profit
Meningkatkan kemampuan sistem
dedusting untuk mendukung
operasi EAF 9 & 10 yang berbasis
Hot Metal Charge dengan
produktivitas yang optimal
Triwulan-4 2015
4th Quarter 2015
Completed and
self-managed
To enhance dedusting system
ability to support EAF 9 & 10
operations based on Hot Metal
Charge with optimal productivity
Menurunkan biaya produksi slab
melalui penurunan biaya bahan
baku dan konsumsi listrik serta
menciptakan keseimbangan
kapasitas produksi hulu dan hilir
To reduce the production cost of
slab through reducing raw material
and electricity costs as well as
balancingthe downstrem and
upstream facilities capacities
Sudah selesai
dan dikerjakan
secara
swakelola
Triwulan-3 2016
rd
3 Quarter 2016
93,30% • Tahap
konstruksi
• First blow in
September
2016
• Construction
stage
• First blow in
September
2016
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
9
PERKEMBANGAN PROYEK STRATEGIS
Progress of Strategic Projects
No.
13
Proyek Strategis
Strategic Project
Revitalisasi Pabrik Besi Spons
- PTKS
Iron making Plant Revitalization
- PTKS
14
15
Deskripsi Proyek
Project Description
Perubahan teknologi proses dari
reformer menjadi zero reformer
serta modernisasi instrumen dan
sistem kontrol
Memperbaiki kinerja dengan
adopsi teknologi terbaru untuk
meningkatkan kapasitas produksi
dari 1,5 juta ton menjadi 1,74
juta ton per tahun, menurunkan
Modification of the existing
konsumsi gas, meningkatkan
technology process from reformer kehandalan peralatan, kualitas
to zero reformer and modernize
produk dan kualitas lingkungan
instrument and control system
To improve the performance by
adopting the latest technology to
increase the production capacity
from 1.5 to 1.74 million tons
per year, reducing consumption
of natural gas and improving
equipment reliability, qualityof
product and quality of the
environment
PT Krakatau Osaka Steel,
Perusahaan Patungan PTKS –
Osaka Steel Corporation
Pembangunan pabrik baja
tulangan dan profil berkapasitas
500.000 ton per tahun
PT Krakatau Osaka Steel, Joint
Venture Company between PTKS
and Osaka Steel Corporation
Construction of bar and section
steel plant with capacity of
500,000 tons per year
Pembangunan Bendung
Cipasauran – PT Krakatau Tirta
Industri
Pembangunan Bendung
Cipasauran untuk memperoleh
tambahan sumber Air Baku
sebesar 750 liter per detik dari
Sungai Cipasauran
Construction of Cipasauran Dam
– PT Krakatau Tirta Industri
Construction of Cipasauran Dam
to get additional water sources
750 liters per second from
Cipasauran River
16
PT Krakatau Semen Indonesia,
Perusahaan Patungan PTKS –
PT Semen Indonesia
PT Krakatau Semen Indonesia,
Joint Venture Company between
PTKS and PT Semen Indonesia
17
PT Krakatau Nippon Steel
Sumikin, Perusahaan Patungan
PTKS – Nippon Steel Sumitomo
Metal Corporation
PT Krakatau Nippon Steel
Sumikin, Joint Venture Company
between PTKS and Nippon Steel
Sumitomo Metal Corporation
18
Pembangunan Hot Strip Mill
#2 – PTKS
Construction of Hot Strip Mill
#2 – PTKS
19
10
Pembangunan pabrik pengolahan
granulated slag menjadi slag
powder sebagai bahan baku
semen, kapasitas 750.000 ton
per tahun
Construction of granulated slag
processing plant to slag powder
as raw material of cement,
capacity of 750,000 tons per year
Pembangunan pabrik galvanizing
and annealing processing line
kapasitas 500.000 ton per tahun
Construction of galvanizing
and annealing processing line
capacity of 500,000 tons per year
Pembangunan Hot Strip Mill baru
dengan kapasitas 1,5 juta ton
per tahun
Construction of the new Hot
Strip Mill with capacity of 1.5
million tons per year
Memproduksi produk baja
tulangan dan profil bagi pasar
konstruksi dan otomotif,
meningkatkan distribusi dan
penjualan produk PTKS
Triwulan-3 2016
rd
3 Quarter 2016
Progress
%
Keterangan
Remarks
99,10% Penyelesaian
Revitalisasi
PBS (DR Plant)
dengan target
tahun 2016
disesuaikan
dengan strategi
operasi
Target DR Plant
revitalization
completion in
2016 following
operation
strategy
Triwulan-4 2016
45,20%
Tahap
konstruksi
th
4 Quarter 2016
Construction
stage
To produce the bar and section
steel products for the construction
and automotive markets,
improving the distribution and sale
of PTKS products
Meningkatkan kapasitas pasokan
air industri untuk memenuhi
kebutuhan air industri di Wilayah
Cilegon
Triwulan-4 2016
th
4 Quarter 2016
Mengolah granulated slag (by
product Blast Furnace) menjadi
slag powder sebagai bahan baku
semen
Triwulan-1 2017
1st Quarter 2017
9,71% Tahap
engineering
dan persiapan
konstruksi
Engineering
and
construction
preparation
stage
To process the granulated slag
(by product of Blast Furnace) to
slag powder as raw material of
cement
Memproduksi produk baja bagi
pasar otomotif, meningkatkan
distribusi dan penjualan produk
PTKS dan meningkatkan
pendapatan
0,41% Tahap
engineering
dan persiapan
konstruksi
Engineering
and
construction
preparation
stage
To increase water supply capacity
to fulfill the needs of industrial
water in Cilegon area
Triwulan-3 2017
26,20% Tahap
konstruksi
3rd Quarter 2017
Construction
stage
To produce the steel products for
the automotive market, improving
the distribution and sale of PTKS
products and increase revenue
Memenuhi permintaan pasar baja
domestik dan mempertahankan
posisi PTKS sebagai pemimpin
pasar baja domestik;
Meningkatkan fleksibilitas operasi
Triwulan-1 2019
st
1 Quarter 2019
Pembangunan Pembangkit Listrik Meningkatkan kapasitas produksi
Tenaga Batu Bara kapasitas 2
listrik dan menurunkan biaya
x 80 MW
produksi
Coal Boiler Power Plant 2 x 80
MW – PT Krakatau Daya Listrik
Construction of Coal Boiler
Power Plant with capacity of 2
x 80 MW
To increase electricity production
capacity and reduce production
cost
Proyek akan
dimulai pada
Semester 1
2016
Project will
Effectivelly start
at Semester 1
2016
To fulfill the demand of domestic
steel market and maintain PTKS
position as the leader of the
domestic steel market; Improve
operational flexibility
Pembangunan Coal Boiler
Batubara 2 x 80 MW – PT
Krakatau Daya Listrik
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Target
Penyelesaian
Target of
Completion
Tujuan Proyek
Project Goal
Triwulan-1 2019
st
1 Quarter 2019
Tahap
persiapan
dan proses
pendanaan
Preparation
and funding
process stage
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
IKHTISAR OPERASIONAL
Operational Highlights
Total Penjualan
Total Sales
(dalam ribuan USD)
(in thousand USD)
KETERANGAN
2015
2014
2013
2012
2011
DESCRIPTION
PENJUALAN DOMESTIK
DOMESTIC SALES
Baja Lembaran Panas
434.983
797.687
743.325
868.799
872.108
Hot Rolled Coil
Baja Lembaran Dingin
316.732
399.497
459.897
447.191
403.324
Cold Rolled Coil
Baja Batang Kawat
Baja Tulangan
61.546
111.889
149.145
172.758
176.391
Wire Rod
110.764
126.777
165.785
145.780
137.139
Steel Bar
Baja Profil
35.966
29.379
61.238
92.464
88.798
Steel Section
Pipa Baja
43.083
54.951
95.244
82.704
84.915
Steel Pipe
Lain-lain
Sub Total
36.396
33.340
41.613
42.544
16.063
1.039.469
1.553.520
1.716.247
1.852.240
1.778.738
13.664
49.000
28.961
13.647
38.643
PENJUALAN EKSPOR
Others
Sub Total
EXPORT SALES
Baja Lembaran Panas
Hot Rolled Coil
Pipa Baja
-
1.472
177
8.991
16.335
Steel Pipe
Lain-lain
-
3.514
5.683
4.894
14.907
Others
Sub Total
Total Penjualan Baja
13.664
53.986
34.822
27.532
69.885
1.053.134
1.607.506
1.751.069
1.879.771
1.848.623
22.947
20.652
29.835
66.816
28.864
112.799
117.057
204.588
252.507
77.948
Engineerings & Construction
57.224
52.857
34.765
35.517
29.729
Port Service Provider
Real Estate & Perhotelan
Rekayasa & Konstruksi
Jasa Pengelolaan Pelabuhan
Jasa Lainnya
Total Penjualan Jasa
Total Penjualan
Sub Total
Total Steel Sales
Real Estate & Hotels
75.720
70.773
64.191
52.834
47.688
Other Services
268.690
261.339
333.379
407.673
184.229
Total of Sales
1.321.823
1.868.845
2.084.448
2.287.445
2.032.852
Volume Penjualan Produk Baja
Total Sales
Sales Volume Of Steel Product
(dalam ton)
KETERANGAN
Volume penjualan produk baja
(in tonnes)
2015
2014
2013
2012
2011
1.941.844
2.316.121
2.375.957
2.307.870
2.072.322
DESCRIPTION
Sales volume of Steel Product
Volume Produksi
Production Volume
(dalam ton, kecuali dinyatakan lain)
KETERANGAN
(In Tonnes, otherwise stated)
Satuan
(Unit)
2015
2014
2013
2012
2011
BAJA - PRODUK JADI
DESCRIPTION
STEEL - FINISHED PRODUCT
Baja Lembaran Panas
Ton
1.468.329
1.870.070
1.821.025
1.835.968
1.760.851
Baja Lembaran Dingin
Ton
559.450
518.171
567.629
535.724
414.157
Hot Rolled Coil
Cold Rolled Coil
Batang Kawat
Ton
134.595
183.788
220.269
231.385
238.443
Wire Rod
Baja Tulangan
Ton
124.481
118.989
156.974
142.791
120.690
Steel Bar
Baja Profil
Ton
66.077
39.838
67.178
91.110
81.447
Steel Section
Pipa Baja
Ton
71.802
56.169
84.107
67.404
75.325
Steel Pipe
MWH
770.754
564.596
600.920
775.957
704.057
Electricity
000.M3
43.148
41.379
35.817
32.416
34.811
NON BAJA
Listrik
Air
NON STEEL
Water
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
11
IKHTISAR KEUANGAN
Financial Highlights
Laporan Laba/(Rugi) Komprehensif Konsolidasian
Consolidated Statement of Comprehensive Income
(dalam ribuan USD)
KETERANGAN
Pendapatan Neto
Laba (Rugi) Bruto
(in thousand USD)
2015
1.321.823
2014
2013
2012
1.868.845
2.084.448
2.287.445
95.620
2011
2.032.852
DESCRIPTION
Net Revenues
(36.432)
41.331
122.420
158.124
Gross Profit (Loss)
Laba (Rugi) Operasi
(183.549)
(70.854)
(1.067)
15.930
114.232
Operating Profit (Loss)
Laba (Rugi) Sebelum Beban
(Manfaat) Pajak
(333.313)
(190.113)
(14.747)
(15.471)
162.008
Profit (Loss) Before Tax Expense
(Benefit)
(6.799)
(35.928)
(1.147)
4.089
10.671
(326.514)
151.337
Beban (Manfaat) Pajak
Laba (Rugi) Tahun Berjalan
Pendapatan Komprehensif Lain
Total Laba (Rugi) Komprehensif
Tahun Berjalan
(154.185)
(13.600)
(19.560)
1.228.685
(6.119)
(50.318)
(10.220)
902.171
(160.304)
(63.918)
(29.780)
(1.746)
149.591
Laba (Rugi) Tahun Berjalan yang
Dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Kepada Kepentingan Non
Pengendali
Total
Kepada Kepentingan Non
Pengendali
Total
Profit (Loss) For The Year
Other Comprehensive Income
Total Comprehensive Profit
(Loss) For The Year
Profit (Loss) for the Year
Attributable to:
(320.029)
(147.114)
(6.485)
(7.071)
(326.514)
(154.185)
(13.986)
386
(13.600)
(20.435)
875
(19.560)
151.201
136
151.337
Laba (Rugi) Komprehensif Tahun
Berjalan yang Dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Tax Expense (Benefit)
Owner of The Parent Entity
Non Controlling Interest
Total
Comprehensive Profit (Loss) for the
Year Attributable to:
908.066
(5.895)
902.171
(153.206)
(7.098)
(160.304)
(64.247)
329
(63.918)
(30.640)
860
(29.780)
149.458
133
149.591
Laba (Rugi) Per Saham Dasar yang
dapat Diatribusikan:
Owner of The Parent Entity
Non Controlling Interest
Total
Basic Earning (Loss) per Share and
Dilluted Attributable to:
Kepada Pemilik Entitas Induk
(dalam Dolar Penuh)
(0,0203)
(0,0093)
(0,0009)
(0,0012)
0,0096
Owner of the Parent Entity (in
dollars)
Jumlah Saham Beredar (dalam
Juta lembar)
15.775
15.775
15.775
15.775
15.775
Number of Share (in Million of
share)
* Realisasi 2014 As Restated disebabkan Perseroan Mengimplementasikan PSAK 24 Revisi 2003 per 1 Januari 2015 dan Berlaku Restropektif
12
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Laporan Posisi Keuangan Konsolidasian
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
Consolidated Statement Of Financial Position
(dalam ribuan USD)
(in thousand USD)
KETERANGAN
2015
Aset Lancar
892.540
Penyertaan/investasi
Aset Tidak Lancar Lainnya
2014
1.058.623
2013
1.095.219
2012
1.399.654
2011
1.486.117
DESCRIPTION
Current Assets
197.268
213.095
255.417
244.399
183.076
Investments
2.612.336
1.332.639
1.032.571
917.894
728.886
Non-Current Assets
Total Aset
3.702.144
2.604.357
2.383.207
2.561.947
2.398.079
Total Assets
Liabilitas Jangka Pendek
1.457.187
1.413.295
1.138.147
1.244.435
1.015.049
Current Liabilities
Liabilitas Jangka Panjang
456.853
305.129
198.081
201.526
212.434
1.914.040
1.718.424
1.336.228
1.445.961
1.227.483
1.781.000
872.934
1.027.094
1.096.066
1.151.536
7.104
12.999
19.885
19.920
19.060
Ekuitas, Neto
1.788.104
885.933
1.046.979
1.115.986
1.170.596
Total Liabilitas dan Ekuitas
3.702.144
2.604.357
2.383.207
2.561.947
2.398.079
155.219
471.068
Total Liabilitas
Ekuitas yang dapat Diatribusikan:
Kepada Pemilik Entitas Induk
Kepada Kepentingan Non
pengendali
Modal Kerja Bersih
Non-Current Liabilities
Total Liabilities
Attributable equity to:
(564.647)
(354.672)
(42.928)
Owner of the Parent Entity
Non-Controlling Interest
Equity, Net
Total Liabilities and Equity
Net Working Capital
* Realisasi 2014 As Restated disebabkan Perseroan Mengimplementasikan PSAK 24 Revisi 2003 per 1 Januari 2015 dan Berlaku Restropektif
Rasio-Rasio Keuangan
KETERANGAN
Financial Ratio
2015
2014
2013
2012
2011
DESCRIPTION
Laba Usaha Terhadap Penjualan %
(13,89)
(3,79)
(0,05)
0,70
5,62
Income from Operations to Sales %
Laba Usaha Terhadap Ekuitas %
(10,27)
(8,00)
(0,10)
1,43
9,76
Income from Operations to Equity %
(4,96)
(2,72)
(0,04)
0,62
4,76
Laba Bersih Terhadap Ekuitas %
Laba Usaha Terhadap Jumlah Aset %
(18,26)
(17,40)
(1,30)
(1,75)
12,93
Laba Bersih Terhadap Aset %
(10,35)
Rasio Lancar %
61,25
74,90
96,23
112,47
146,41
107,04
193,97
127,63
129,57
104,86
Liabilities to Equity %
51,70
65,98
56,07
56,44
51,19
Liabilities to Assets %
Liabilitas Terhadap Ekuitas %
Liabilitas Terhadap Jumlah Aset %
(6,18)
(0,55)
(0,79)
6,99
Income from Operations to Assets %
Net Income to Equity %
Net Income to Assets %
Current Ratio %
* Laba Bersih Merupakan Total Laba (Rugi) Tahun Berjalan
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
13
IKHTISAR SAHAM KRAS
KRAS Share Highlights
Tren Harga Saham KRAS di Bursa Efek Indonesia
Trend of KRAS Share Price on The Indonesia Stock Exchange
Closing Price (Rp)
Volume (Share)
120.000.000
600
100.000.000
500
80.000.000
400
60.000.000
300
40.000.000
200
20.000.000
100
0
2J
an
20
2A
14
pr
2O
2J
20
14
ul 2
kt
01
4
2J
an
20
14
15
Closing Price (Rp)
Kinerja Saham KRAS di Bursa Efek Indonesia
pr
20
15
0
2O
2J
ul 2
kt
01
5
20
15
Volume (Share)
KRAS Share Performance on The Indonesia Stock Exchange
Harga Saham
Share Price
Periode
Period
20
2A
Tertinggi
High
Terendah
Low
Penutupan
Closing
(Rp)
(Rp)
(Rp)
Volume
Volume
Nilai
Price
Frekuensi
Frequency
(juta lembar)
million share
(Rp juta)
Rp million
x
2014
Triwulan I/Q1
580
470
515
263,76
132.682,57
18.464
Triwulan II/Q2
530
435
443
104,51
51.482,48
14.302
Triwulan III/Q3
535
435
490
178,07
87.059,15
24.734
Triwulan IV/Q4
515
449
485
287,93
137.041,64
25.968
492
425
428
161,69
75.329,11
17.755
2015
Triwulan I/Q1
Triwulan II/Q2
505
330
341
343,32
146.613,92
32.599
Triwulan III/Q3
420
303
312
418,42
143.517,22
42.867
Triwulan IV/Q4
355
272
293
264,11
85.407,87
31.352
Keterangan:
• Jumlah saham beredar sebanyak 15.775.000.000 lembar saham.
• Tidak terjadi aksi pemecahan saham (stock split), penggabungan saham
(reverse stock), dividen saham, saham bonus, dan penurunan nilai nominal
saham dalam dua tahun terakhir.
• Tidak terjadi penghentian sementara perdagangan saham perusahaan dalam
2 tahun terakhir.
14
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Remarks:
• Number of outstanding share 15.775.000.000 shares.
• There is no stock split, reverse stock, dividen stock, bonus stock, and the
declining of par value of stock in the last 2 years.
• There is no suspend of company share trade in the last 2 years.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Kapitalisasi Pasar KRAS
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
KRAS Market Capitalization
Jumlah Saham Beredar
No. of Outstanding Shares
Harga Penutupan
Closing Price
(Rp)
Kapitalisasi Pasar
Market Capitalization
(Rp juta/million)
Triwulan I/Q1
15.775.000.000
515
8.124.125
Triwulan II/Q2
15.775.000.000
443
6.988.325
Triwulan III/Q3
15.775.000.000
490
7.729.750
Triwulan IV/Q4
15.775.000.000
485
7.650.875
Triwulan I/Q1
15.775.000.000
428
6.751.700
Triwulan II/Q2
15.775.000.000
341
5.379.275
Triwulan III/Q3
15.775.000.000
312
4.921.800
Triwulan IV/Q4
15.775.000.000
293
4.622.075
Akhir Periode
End of Period
2014
2015
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
15
PERISTIWA PENTING 2015
2015 Event Highlights
Januari
January
Februari
February
March
Maret
March
MoU suplai Hot Rolled Coil
(HRC) kepada PT Essar
Indonesia.
Produksi Baja WF 300
mm perdana PT Krakatau
Wajatama.
Long Term Supply Agreement
(LTSA) dengan PT Timah
(Persero) Tbk.
Long Term Supply Agreement
(LTSA) dengan PT Sunrise
Steel.
MoU of Hot Rolled Coil (HRC)
supply of PT Essar Indonesia.
First production of WF 300
mm steel by PT Krakatau
Wajatama.
Long Term Supply Agreement
(LTSA) with PT Timah (Persero)
Tbk.
Long Term Supply Agreement
(LTSA) with PT Sunrise Steel.
Mei
Mei
May
May
Juni
June
Penandatanganan Perjanjian Pinjaman Jangka Panjang Perseroan
untuk proyek Pembangunan Hot Strip Mill ke-2 (HSM#2) senilai
USD 260,05 juta.
Ground Breaking Ceremony
PT Krakatau Osaka Steel
(PT KOS).
Long Term Supply Agreement
(LTSA) dengan dengan
PT Fumira.
The signing of a Long Term Loan Agreement for Hot Strip Mill #2
(HSM#2) of USD 260.05 million.
Ground Breaking Ceremony
PT Krakatau Osaka Steel
(PT KOS).
Long Term Supply Agreement
(LTSA) with dengan
PT Fumira.
Juli
July
Kick Off Project Implementasi
Integrasi MES BFC dengan
SAP dan enhancement MES
Flat Product Perseroan.
Kick Off MES BFC Integration
Implementation Project with
SAP and MES Flat Product
enhancement.
16
Maret
Agustus
August
Agustus
August
Long Term Supply Agreement
(LTSA) dengan dengan
PT Blue Scope Indonesia.
Ground Breaking Ceremony
PT Krakatau Nippon Steel
Sumikin (PT KNSS).
Long Term Supply Agreement
(LTSA) with PT Blue Scope
Indonesia.
Ground Breaking Ceremony
PT Krakatau Nippon Steel
Sumikin (PT KNSS).
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
September
September
Commitment Declaration
untuk meningkatkan kerja
sama pasokan baja untuk
otomotif dengan PT Toyota
Motors Manufacturing
Indonesia.
Commitment Declaration in
increasing automotive steel
supply cooperation with
PT Toyota Motors
Manufacturing Indonesia.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
September
September
Pemasangan refraktori Blast
Furnace.
Installing Blast Furnace
refractory.
November
November
Go Live MES Flat Product
CRM sebagai pemutakhiran
sistem aplikasi lama yang
sudah obsolete.
Go Live MES Flat Product
CRM as an updating of old and
obsolete application.
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
September
Oktober
September
October
Perseroan telah melakukan penilaian kembali atas aktiva tetap
Perseroan (revaluasi aset) terhadap aset berupa lahan sehingga
memperoleh gain sebesar USD1.235,26 juta.
The Company has revalue fix assets (revaluation of assets) to a
several land in obtaining gain of USD1,235.26 million.
November
November
Perjanjian Pembiayaan
Investasi Proyek Bendungan
Cipasauran dan Water
Treatment Plant Cidanau
antara PT Krakatau Tirta
Industri dengan PT Sarana
Multi Infrastruktur (Persero).
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
November
Perjanjian kerja sama Perseroan
dengan Ikatan Perusahaan
Industri Kapal dan Lepas Pantai
Indonesia (Iperindo).
Cooperation agreement with
Association of Ship Building
Industries and Indonesian
Offshore (Iperindo).
November
November
November
Tumbuhnya gerakan innovasi
dan improvement.
The growth of innovation and
improvement activity.
Kerjasama teknis dengan
Posco Korea untuk
meningkatkan keandalan
Pabrik Baja Lembaran Panas.
Technical cooperation with
Posco Korea to increase the
reliability of Hot Strip Mill.
Loan Investment Agreement for
Cipasauran Dam Project and
Cidanau Water Treatment Plant
between PT Krakatau Tirta
Industri and PT Sarana Multi
Infrastruktur (Persero).
Desember
December
Peletakan batu terakhir
Coke Oven Plant (COP) Blast
Furnace.
Placing last stone of Coke
Oven Plant (COP) Blast
Furnace.
Desember
December
Swakelola penyelesaian
proyek Dedusting Pabrik
Slab Baja. Dedusting adalah
fasilitas yang digunakan untuk
mengendalikan emisi debu
yang sebelumnya dibuat di
workshop luar negeri.
Desember
Desember
December
December
Transformasi organisasi
perawatan sehingga dapat
menekan jumlah tenaga kerja.
Transformation of organization
maintenance in decreasing the
amount of human resources.
Pengembangan produk baja
untuk memenuhi kebutuhan
produsen otomotif dalam
negeri.
Steel product development
to fulfil the needs of domestic
automotive producer.
Self-management in finishing
the Dedusting project of Slab
Steel Plant. Dedusting is the
facility that used for controling
dust emission which already
made in foreign country before.
PT Krakatau Steel (Persero) Tbk. – 2015 Annual Report
17
PENGHARGAAN DAN SERTIFIKASI 2015
Awards and Certifications 2015
A
B
F
G
A. PT Krakatau Tirta Industri
ditetapkan Most Creative
Companies 2015 oleh
Majalah SWA.
PT Krakatau Tirta
Industry is awarded the
Most Creative Company
2015 by SWA Magazine.
F. Piagam Penghargaan
Industri Hijau 2015
dari Kementerian
Perindustrian.
The Company is awarded
The Green Industry
Award 2015 by the
Minsitry of Industry.
18
C
B. Perseroan mendapat
Penghargaan K3, KPKU
dan Zero Accident
oleh Gubernur Banten.
The Company is awarded
the K3, KPKU and Zero
Accident Awards by
the Governor of Banten
Province.
G. PT Krakatau Bandar
Samudera Raih Good
Performance & Gold
Medal dalam IQA Award.
PT Krakatau Bandar
Samudera is awarded
the Good Performance
& Gold Medal in the IQA
Awards.
PT Krakatau Steel (Persero) Tbk
Tbk.––Laporan
LaporanTahunan
Tahunan2015
2015
D
E
H
I
C. PT KHI Pipe Industries
meraih Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
D. PT Krakatau Daya Listrik
Meraih Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
PT KHI Pipe Industries
is awarded the Zero
Accident Award by
the Ministry of Labor,
Republic of Indonesia.
PT Krakatau Daya
Listrik is awarded the
Zero Accident Award by
the Ministry of Labor,
Republic of Indonesia.
H. Perseroan mendapat
penghargaan
Padmamitra Award 2015
tingkat Provinsi Banten
dari Forum CSR Kesos
Provinsi Banten
The Company is awarded
the Padmanitra Award
2015 at the Banten
Provincial Level from the
Kesos CSR Forum of
Banten Province.
I. Perseroan Meraih
Penghargaan
Zero Accident
dari Kementerian
Ketenagakerjaan
Republik Indonesia.
The Company is awarded
the Zero Accident
Award from the Ministry
of Labor, Republic of
Indonesia.
E. Perseroan Raih Peringkat
1 PMDN Provinsi Banten
The Company is awarded
the Number One Rank
for the PMDN (Domestic
Investment Company) of
Banten Province.
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
A
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
B
G
H
A. Sertifikasi
B. Sertifikasi Produk
Laboratorium
Baja JIS G 3101
Penguji SNI ISO/IEC
Rolled Steels for
17025:2008 (ISO/
general structure,
IEC 17025:2005) dari
JIS G 3106 Rolled
Komite Akreditasi
steels for welded
Nasional sebagai
structure, JIS
Persyaratan Umum
G3136 Rolled
Untuk Kompetensi
Steels for building
Laboratorium
structure dari Japan
Pengujian dan
Quality Assurance
Laboratorium
Organization.
Kalibrasi.
Masa berlaku
Masa berlaku
hingga 9 November
hingga 16 Desember
2017.
2019.
Awarded the JIS
G 3101 Rolled
Awarded the SNI
Steels for general
ISO/IEC 17025:2008
structure, JIS
(ISO/IEC 17025:2005)
G 3106 Rolled
Laboratory Test
steels for welded
Certifications from the
structure, JIS G3136
National Accreditation
Rolled Steels for
Committee
building structure
as a General
Certifications
Requirement For
from the Japan
Laboratory Testing
Quality Assurance
and Laboratory
Organization.
Calibration
Valid until 9
Competence. Valid
November 2017.
until 16 December
2019.
G. Sertifikasi Produk
Pelat Baja
Konstruksi Kapal
dari Biro Klasifikasi
Indonesia.
Masa berlaku
hingga 3 Desember
2020.
C
I
C. Sertifikasi Produk
Baja JIS G 3131
Hot Rolled Mild
Steel Plates, Sheet
and Strip, JIS G
3141 Cold Reduced
Carbon Steel Sheet
and Strip dari Japan
Quality Assurance
Organization.
Masa berlaku
hingga 9 November
2017.
Awarded the Steel
Product JIS G 3131
Hot Rolled Mild
Steel Plates, Sheet
and Strip, JIS G
3141 Cold Reduced
Carbon Steel
Sheet and Strip
from 2017 Japan
Quality Assurance
Organization. Valid
until 9 November
2017
H. Sertifikasi Produk
I. Sertifikasi ISO
Penggunaan Tanda
14001:2004 / SNI
SNI untuk produk
19 - 14001:2005 dari
Baja Lembaran, Pelat
Sucofindo.
dan Gulungan Canai
Masa berlaku
Panas dari Balai Riset
hingga 15 Agustus
dan Standarisasi
2016.
Industri Surabaya,
Lembaga Sertifikasi
ISO 14001:2004 /
Awarded Steel
Produk (LSPro).
SNI 19 - 14001:2005
Plates Product for
Masa berlaku
Certification from
Ship Construction
hingga 1 Juli 2019.
Sucofindo.
from Biro Klasifikasi
Valid until 15 August
Indonesia. Valid until
Awarded SNI
2016.
3 December 2020.
Certification for
Steel Sheet, Steel
Plate and Hot
Roll-Coiled Steel
from Balai Riset dan
Standarisasi Industri
Surabaya, Lembaga
Sertifikasi Produk
(LSPro).
Valid until 1 July
2019.
Tata Kelola Perusahaan
Good Corporate Governance
D
J
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
E
K
F
L
D. Sertifikasi Produk
E. Sertifikasi Produk
F. Sertifikasi Produk
Baja JIS G 3503
Baja JIS G 3505 Low
Baja Lembaran
Wire Rods for Core
Carbon Steel Wire
Panas (Coil &
Wire of Covered
Rods dari Japan
Pelat), SemiElectrode dari Japan
Quality Assurance
Finished Products,
Quality Assurance
Organization.
Steelmaking dari
Organization.
Masa berlaku
Lloyd’s Register.
Masa berlaku
hingga 9 November
Masa berlaku
hingga 9 November
2017
hingga 1 Februari
2017
2018
Awarded the Steel
Awarded the Steel
Product JIS G
Awarded Hot Rolled
Product JIS G
3505 Low Carbon
Coil Product (Coil
Steel Wire Rods
3503 Wire Rods
& Plates), Semifor Core Wire of
from the Japan
Finished Products,
Covered Electrode
Quality Assurance
Steelmaking from
Certification
Organization.
Lloyd’s Register.
Valid until 9
From the Japan
Valid until 1
November 2017.
Quality Assurance
February 2018
Organization.
Valid until 9
November 2017.
J. Sertifikasi OHSAS
18001:2007 dari
Sucofindo.
Masa berlaku
hingga 15 Agustus
2016.
OHSAS 18001:2007
certification from
Sucofindo.
Valid until 15 August
2016.
K. Sertifikasi Sistem
Manajemen
Keselamatan dan
Kesehatan Kerja
dari Kementerian
Tenaga Kerja
dan Transmigrasi
Republik Indonesia.
Masa berlaku
hingga 14 Mei 2017.
Occupational
Health & Safety
System (SMK3)
Certification from
Ministry of Labour
and Transmigration,
Republic of
Indonesia.
Valid until 14 May
2017.
L. Sertifikasi Audit
Sistem Manajemen
Pengamanan dari
Kepolisian Negara
Republik Indonesia.
Masa berlaku
hingga 5 Desember
2015.
Audit Safety
Management
System Certification
from the National
Police.
Valid until 5
December 2015.
PT
PTKrakatau
KrakatauSteel
Steel(Persero)
(Persero)Tbk.
Tbk – 2015 Annual Report
19
PROFIL
PERUSAHAAN
Company Profile
Informasi Umum Perusahaan
22
Company General Information
Riwayat Singkat Perusahaan
24
26
30
Group, Subsidiaries and Associate Entities
20
PT Krakatau Steel (Persero) Tbk – Laporan Tahunan 2015
Lembaga dan Profesi Penunjang Pasar Modal
39
Struktur Organisasi
40
Organization Structure
32
Philosophy of Company Logo
Grup Anak Perusahaan and Entitas Asosiasi
38
Institution and Capital Market Support
Company Vision Mission & Value
Filosofi Lambang Perusahaan
Kronologi Pencatatan Efek
Securities Listing Chronology
Milestone
Visi Misi & Nilai Perusahaan
37
Ownership Composition and Share Information
Brief History of Krakatau Steel
Tonggak Sejarah
Komposisi Kepemilikan dan Informasi Saham
Pengelolaan Modal Insani
42
Human Capital Management
33
Tata Kelola Teknologi Informasi
Corporate Governance of Information Technology
54
Profil Perusahaan
Company Profile
Laporan Manajemen
Management Report
Analisis dan
Pembahasan Manajemen
Management Discussion
and Analysis
Tata Kelola Perusahaan
Good Corporate Governance
Tanggung Jawab Sosial
Perusahaan
Corporate Social
Responsibility
PT Krakatau Steel (Persero) Tbk – 2015 Annual Report
21
INFORMASI UMUM PERUSAHAAN
Company General Information
Nama Perusahaan
Company Name
PT Krakatau Steel (Persero) Tbk
Tanggal Berdiri
Date of Establishment
31 Agustus 1970 August 31st, 1970
Ruang Lingkup Usaha
• Industri baja terpadu, yang memproduksi Besi
Spons, Slab Baja, Billet Baja, Baja Lembaran
Panas, Baja Lembaran Dingin dan Baja Batang
Kawat.
• Perdagangan, yang meliputi kegiatan pemasaran,
distribusi dan keagenan, baik dalam maupun luar
negeri.
• Pemberian jasa seperti jasa desain dan rekayasa
dan konstruksi, pemeliharaan mesin, konsultasi
teknis maupun penyediaan sarana dan prasarana
yang menunjang kegiatan usaha Perusahaan.
• Kegiatan usaha penunjang seperti pergudangan,
perbengkelan, properti, pelabuhan, pendidikan
dan pelatihan, limbah produk dan limbah industri
pembangkit listrik, pengelolaan air dan jasa
teknologi informasi.
22
PT Krakatau Steel (Persero) Tbk. – Laporan Tahunan 2015
Scope of Work
• Integrated steel industry, which produces Sponge
Iron, Slab, Billets, Hot Rolled Coil, Cold Rolled Coil
and Wire Rod.
• Trading activities, comprising sales, distribution
and agency work, both domestic and international
markets.
• Services, such as designing, engineering and
construction, machine maintenance, technical
consultancy and provision of infrastructure to
support the activities of the Company.
• Supporting activites such as warehousing,
workshop, property, port services, education
and training, waste and indust