Jakarta, 31 March 2017March 2017 Earnings Release
PT MITRA PINASTHIKA MUSTIKA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN KEUANGAN INTERIM KONSOLIDASIAN/
CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARET 2017 DAN 2016 (TIDAK DIAUDIT)/
31 MARCH 2017 AND 2016 (UNAUDITED)
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
DAFTAR ISI/CONTENTS
Halaman/Page
SURAT PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB/
DIRECTORS’ STATEMENT OF RESPONSIBILITY
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016 --------------------------------------------------------
1-2
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF
LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED
31 MARCH 2017 AND 2016 --------------------------------------------------------------------------
3-4
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 DESEMBER 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 DECEMBER 2017 AND 2016 -----------
5-6
LAPORAN ARUS KAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 ----------------
7
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016,
DAN PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016,
AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 ----------------------
8 - 98
PT Dharma Intisawit Nugraha
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
ASET
Catatan/
Notes
31 Maret/
March 2017
31 Desember/
December 2016
ASET LANCAR
Kas dan setara kas
Piutang usaha
Piutang premi
Piutang pembiayaan konsumen
Piutang sewa pembiayaan
Piutang nonusaha
Persediaan
Investasi di surat berharga
Aset derivatif
Pajak pertambahan nilai dibayar dimuka
Pembayaran dimuka lainnya
Aset yang dimiliki untuk dijual
CURRENT ASSETS
4
5
6
7
8
14
JUMLAH ASET LANCAR
812.293
646.081
83.731
1.700.217
635.128
294.539
895.213
25.301
13.465
36.277
118.788
5.261.033
1.285.079
743.662
89.122
1.725.396
614.216
290.803
709.536
19.710
31.628
40.847
139.405
29.180
5.718.584
Cash and cash equivalents
Trade receivables
Premium receivables
Consumer financing receivables
Finance lease receivables
Non-trade receivables
Inventories
Investment in securities
Derivative assets
Prepaid value added tax
Other prepayments
Assets held for sale
2.224.070
1.009.877
7.140
798.159
127.207
98.327
64.421
1.939.151
952.671
55.289
798.145
135.636
45.351
68.398
Consumer financing receivables
Finance lease receivables
Investments in associates
Guarantee deposits
Reinsurance assets
Derivative assets
Investment in securities
239.342
90.277
3.499.092
1.193.544
13.597
176.163
9.541.216
228.368
99.171
3.520.883
1.193.544
14.339
156.695
9.207.641
Refundable income tax
Deferred tax assets
Fixed assets, net
Goodwill
Other intangible assets
Other non-current assets
TOTAL NON-CURRENT ASSETS
14.802.249
14.926.225
TOTAL ASSETS
ASET TIDAK LANCAR
Piutang pembiayaan konsumen
Piutang sewa pembiayaan
Investasi pada entitas asosiasi
Deposit jaminan
Aset reasuransi
Aset derivatif
Investasi di surat berharga
Pajak penghasilan yang dapat
dikembalikan
Aset pajak tangguhan
Aset tetap, neto
Goodwill
Aset takberwujud lainnya
Aset tidak lancar lainnya
JUMLAH ASET TIDAK LANCAR
JUMLAH ASET
ASSETS
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
6
7
10
11
14
9f
12
13a
13b
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
See Notes to the Consolidated Interim Financial Statements,
which form an integral part of these consolidated interim
financial statements.
1
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
LIABILITAS DAN EKUITAS
Catatan/
Notes
31 Maret/
March 2017
31 Desember/
December 2016
LIABILITAS JANGKA PENDEK
Utang bank jangka pendek
Utang usaha
Utang pajak penghasilan
Utang pajak lainnya
Utang reasuransi
Utang lainnya
Pendapatan ditangguhkan
Estimasi liabilitas klaim
Liabilitas derivatif
Beban akrual
Pinjaman jangka panjang yang jatuh tempo
dalam setahun
JUMLAH LIABILITAS JANGKA
PENDEK
CURRENT LIABILITIES
14
18
156.296
1.039.061
64.378
31.556
66.437
164.258
73.081
72.474
56.247
179.319
547.043
961.707
43.850
35.212
58.538
304.873
71.949
82.531
38.404
148.999
19
2.196.443
2.134.734
4.099.550
4.427.840
15
16
9e
9b
17
LIABILITAS JANGKA PANJANG
Pinjaman jangka panjang, setelah dikurangi
bagian yang jatuh tempo dalam setahun
Surat utang jangka menengah
Utang obligasi
Liabilitas derivatif
Pendapatan ditangguhkan
Liabilitas pajak tangguhan
Liabilitas imbalan kerja
JUMLAH LIABILITAS JANGKA
PANJANG
19
20
21
14
TOTAL CURRENT LIABILITIES
9f
22
Long-term borrowings, net of
current maturities
Medium term notes
Bonds payable
Derivative liabilities
Unearned income
Deferred tax liabilities
Employee benefits liabilities
1.708.746
299.676
2.631.436
2.185
162.801
5.358
64.155
1.611.695
299.636
2.695.855
15.420
151.996
5.405
70.906
4.874.357
4.850.913
TOTAL NON-CURRENT LIABILITIES
8.973.907
9.278.753
TOTAL LIABILITIES
EKUITAS
JUMLAH LIABILITAS DAN EKUITAS
Short-term bank loans
Trade payables
Income tax payables
Other tax payables
Reinsurance payables
Other payables
Unearned income
Estimated claims liabilities
Derivative liabilities
Accrued expenses
Current maturities
of long-term borrowings
NON-CURRENT LIABILITIES
JUMLAH LIABILITAS
Modal saham dengan nilai nominal
Rp 500 (dalam Rupiah penuh) per saham:
Modal dasar - 10.000.000.000 saham
Modal ditempatkan dan disetor 4.462.963.276 saham
Tambahan modal disetor
Saham tresuri
Komponen ekuitas lainnya
Saldo laba:
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya
Ekuitas yang dapat diatribusikan kepada
pemilik entitas induk
Kepentingan nonpengendali
JUMLAH EKUITAS
LIABILITIES AND EQUITY
EQUITY
23a
24
23b
32
25
2.231.482
1.468.694
(159.503)
(544.513)
2.231.482
1.468.694
(159.503)
(583.281)
105.298
1.943.349
105.298
1.814.297
5.044.807
783.535
5.828.342
4.876.987
770.485
5.647.472
Share capital at par value of
Rp 500 (in whole Rupiah) per share:
Authorized capital 10,000,000,000 shares
Issued and paid-up capital 4,462,963,276 shares
Additional paid-in capital
Treasury stocks
Other equity components
Retained earnings:
Appropriated
Unappropriated
Equity attributable to owners of
the Company
Non-controlling interests
TOTAL EQUITY
14.802.249
14.926.225
TOTAL LIABILITIES AND EQUITY
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
2
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Pendapatan neto
Biaya pokok pendapatan
26
27
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
3.958.815
(3.331.699)
4.143.309
(3.542.321)
627.116
600.988
(420.966)
83.891
(27.303)
(446.234)
24.265
(12.412)
LABA USAHA
262.738
166.607
Pendapatan keuangan
Biaya keuangan
Bagian atas laba entitas asosiasi
21.102
(70.176)
-
29.732
(73.840)
549
213.664
123.048
(66.088)
(49.641)
147.576
73.407
LABA BRUTO
Beban usaha
Pendapatan lainnya
Beban lainnya
28
29
10
LABA SEBELUM PAJAK
Beban pajak penghasilan
LABA PERIODE BERJALAN
PENGHASILAN KOMPREHENSIF LAIN,
NETO SETELAH PAJAK PENGHASILAN:
Pos yang tidak akan direklasifikasi ke
laba rugi
Pengukuran kembali
program imbalan pasti
Pos-pos yang akan direklasifikasi ke
laba rugi
Perubahan nilai wajar neto dari lindung nilai
atas arus kas
Lainnya
Jumlah penghasilan komprehensif lain,
setelah pajak penghasilan
JUMLAH PENGHASILAN KOMPREHENSIF
9c,9d
97
119
27.082
(328)
95.467
(642)
26.851
94.944
174.427
168.351
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
Net revenues
Cost of revenues
GROSS PROFIT
Operating expenses
Other income
Other expenses
OPERATING PROFIT
Finance income
Finance costs
Share of profit of associates
PROFIT BEFORE TAX
Income tax expense
PROFIT FOR THE PERIOD
OTHER COMPREHENSIVE INCOME, NET
OF INCOME TAX:
Item that will not be reclassified to
profit or loss
Remeasurements of
defined benefit liability
Items that will be reclassified to
profit or loss
Net changes in fair value of
cash flows hedges
Other
Total other comprehensive income,
net of income tax
TOTAL COMPREHENSIVE INCOME
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
3
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
LABA YANG DAPAT DIATRIBUSIKAN
KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
128.889
18.687
147.576
JUMLAH PENGHASILAN
KOMPREHENSIF YANG DAPAT
DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
LABA PER SAHAM DASAR
(DALAM RUPIAH PENUH)
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
71.539
1.868
73.407
161.376
13.051
174.427
166.523
1.828
168.351
30
17
31
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
PROFIT ATTRIBUTABLE TO:
Owners of the Company
Non-controlling interests
TOTAL COMPREHENSIVE
INCOME ATTRIBUTABLE TO:
Owners of the Company
Non-controlling interests
BASIC EARNINGS PER SHARE
(IN WHOLE RUPIAH)
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
4
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Saldo per 31 Desember 2015
Laba periode berjalan
Penghasilan komprehensif lain, setelah pajak
penghasilan
Saham tresuri
Kompensasi berbasis saham
Lainnya
Saldo per 31 Maret 2016
23b
22
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the Company
Saldo laba/Retained earnings
Tambahan
Saham
Komponen
Telah
Belum
Modal saham/ modal disetor/
tresuri/
ekuitas lainnya/
ditentukan
ditentukan
Share
Additional
Treasury
Other equity
penggunaannya/ penggunaannya/
Capital
paid-in capital
stocks
components
Appropriated
Unappropriated
2.231.482
1.466.851
(143.628)
-
-
-
2.231.482
1.466.851
(14.487)
(158.115)
(602.748)
94.864
4.261
(503.623)
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian, yang merupakan bagian tidak terpisahkan dari laporan keuangan
interim konsolidasian ini.
Jumlah/
Total
Kepentingan
nonpengendali/
Non-controlling
interests
Jumlah
ekuitas/
Total equity
105.298
1.533.898
4.591.153
749.094
5.340.247
Balance as of 31 December 2015
-
71.539
71.539
1.868
73.407
94.984
(14.487)
4.261
989
4.748.439
(40)
748
751.670
Profit for the period
Other comprehensive income, net of
income tax:
Treasury stocks
Share-based compensation
Others
105.298
120
989
1.606.546)
94.944
(14.487)
4.261
1.737
5.500.109
Balance as of 31 March 2016
See Notes to the Consolidated Interim Financial Statements, which form an integral part of these consolidated interim
financial statements.
5
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Saldo per 31 Desember 2016
Laba periode berjalan
Penghasilan komprehensif lain, setelah
pajak penghasilan
Kompensasi berbasis saham
Lainnya
Saldo per 31 Maret 2017
22
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the Company
Saldo laba/Retained earnings
Tambahan
Saham
Komponen
Telah
Belum
tresuri/
ekuitas lainnya/
ditentukan
ditentukan
Modal saham/ modal disetor/
Additional
Treasury
Other equity
penggunaannya/ penggunaannya/
Share
paid-in capital
stocks
components
Appropriated
Unappropriated
capital
2.231.482
1.468.694
-
-
2.231.482
1.468.694
(159.503 )
(159.503 )
(583.281)
32.324
6.450
(6)
(503.623)
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian, yang merupakan bagian tidak terpisahkan dari laporan keuangan
interim konsolidasian ini.
Jumlah/
Total
Kepentingan
nonpengendali/
Non-controlling
interests
Jumlah
ekuitas/
Total equity
105.298
1.814.297
4.876.987
770.485
5.647.472
Balance as of 31 December 2016
-
128.889
128.889
18.687
147.576
105.298
163
1.943.349
32.487
6.450
(6 )
5.044.807
(5.636)
(1)
783.535
26.851
6.450
(7)
5.828.342
Profit for the period
Other comprehensive income, net of
income tax
Share-based compensation
Other
Balance as of 31 March 2017
See Notes to the Consolidated Interim Financial Statements, which form an integral part of these consolidated interim
financial statements.
6
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
Pembayaran kas untuk aktivitas operasi lainnya
Pembayaran kas kepada karyawan
Penerimaan bunga
Pembayaran bunga
Pembayaran pajak penghasilan
Kas neto (digunakan untuk) dari
aktivitas operasi
3.677.982
(3.403.304)
4.316.169
(3.393.590)
(178.671)
(112.639)
21.102
(112.790)
(56.701)
(283.821)
(181.078)
30.324
(119.762)
(64.759)
(165.021)
303.483
CASH FLOWS FROM
OPERATING ACTIVITIES
Cash receipts from customers
Cash payments to suppliers
Cash payments for other operating
activities
Cash payments to employees
Receipts of interest
Payments of interest
Payments of income tax
Net cash (used in) from
operating activities
(79.600)
(49.131)
(106.935)
(39.618)
CASH FLOWS FROM
INVESTING ACTIVITIES
Acquisition of fixed assets and other
non-current assets
Advances for purchases of fixed assets
47.150
149
(643)
(82.075)
47
132
(146.374)
ARUS KAS DARI AKTIVITAS
INVESTASI
Perolehan aset tetap dan aset tidak lancar lainnya
Uang muka pembelian aset tetap
Penerimaan dari penjualan aset yang dimiliki
untuk dijual
Penerimaan dari penjualan aset tetap
Perolehan surat berharga
Kas neto digunakan untuk aktivitas investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan dari utang bank jangka pendek
Pembayaran utang bank jangka pendek
Penerimaan dari pinjaman jangka panjang
Pembayaran pinjaman jangka panjang
Penerimaan dari surat utang jangka menengah
Perolehan saham tresuri
Kas neto digunakan untuk aktivitas pendanaan
(Penurunan) kenaikan neto kas dan
setara kas
Kas dan setara kas, awal periode
Kas dan setara kas, akhir periode
1.352.653
(1.743.419)
1.099.958
(934.882)
(225.690)
(472.786)
1.192.330
(1.352.345)
524.566
(620.010)
139.769
(14.487)
(130.177)
26.932
1.285.079
1.483.587
812.293
1.510.519
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian,
yang merupakan bagian tidak terpisahkan dari laporan
keuangan interim konsolidasian ini.
Proceeds from sales of assets held for sale
Proceeds from sales of fixed assets
Acquisition of securities
Net cash used in investing activities
CASH FLOWS FROM
FINANCING ACTIVITIES
Proceeds from short-term bank loans
Repayments of short-term bank loans
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from medium term notes
Acquisition of treasury stocks
Net cash used in financing activities
Net (decrease) increase in cash and
cash equivalents
Cash and cash equivalents,
beginning of period
Cash and cash equivalents,
end of period
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
7
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
1. UMUM
a.
Pendirian dan informasi lain Perseroan
a.
1.GENERAL
Establishment and other information of the Company
PT Mitra Pinasthika Mustika Tbk (“Perseroan”)
didirikan berdasarkan akta notaris Ny. Rukmasanti
Hardjasatya, SH., di Jakarta No. 2 tanggal
2 November 1987 dan diubah dengan akta No. 6
tanggal 1 Juli 1988; akta-akta ini disetujui
berdasarkan keputusan Menteri Kehakiman No. C27013.HT.01.01 Th 88 tanggal 11 Agustus 1988,
didaftarkan di Kepaniteraan Pengadilan Negeri
Jakarta Utara dengan No. 241/Leg/1988 tanggal
29 Agustus 1988, dan diumumkan dalam Tambahan
No. 1025 pada Berita Negara No. 77 tanggal
23 September 1988.
PT Mitra Pinasthika Mustika Tbk (the “Company”) was
established by deed of notary public Mrs. Rukmasanti
Hardjasatya, SH., Jakarta No. 2 dated 2 November 1987
and amanded with deed No. 6 dated 1 July 1988; these
deeds were approved by Decree of Minister of Justice
under No. C2-7013.HT.01.01 Th 88 dated 11 August
1988, registered at the North Jakarta District Court under
No. 241/Leg/1988 on 29 August 1988, and published in
Supplement No. 1025 to the State of Gazette No. 77 on
23 September 1988.
Anggaran Dasar Perseroan telah beberapa kali
mengalami perubahan, perubahan selanjutnya
dilakukan dengan akta notaris Jose Dima Satria, SH.,
M.Kn., No. 17 tanggal 15 Februari 2013 antara lain
mengenai, perubahan status Perseroan dari semula
perusahaan tertutup menjadi perusahaan terbuka,
perubahan nama Perseroan menjadi PT Mitra
Pinasthika Mustika Tbk, peningkatan modal dasar
menjadi Rp 5.000.000, perubahan nilai nominal
saham dari sebesar Rp 1.000.000 (Rupiah penuh)
menjadi sebesar Rp 500 (Rupiah penuh), penerbitan
saham baru setelah penawaran umum perdana saham
biasa untuk pemegang obligasi konversi, dan
perubahan Anggaran Dasar Perseroan untuk
disesuaikan dengan Peraturan Pasar Modal.
Perubahan tersebut telah disetujui oleh Menteri
Hukum dan Hak Asasi Manusia No. AHU07271.AH.01.02.Tahun 2013 tanggal 19 Februari
2013 dan diumumkan dalam Tambahan No. 80720
pada Berita Negara No. 48 tanggal 14 Juni 2013.
The Company’s Articles of Association have been amended
several times, further amendment was effected by deed of
notary public Jose Dima Satria, SH., M.Kn., No. 17 dated
15 February 2013, concerning among others, the change of
the Company’s status from private company to a public
company, the change of the Company’s name to PT Mitra
Pinasthika Mustika Tbk, the increase of authorized share
capital stock to Rp 5,000,000, the change of the nominal
value of shares from Rp 1,000,000 (whole Rupiah) to
Rp 500 (whole Rupiah) per share, issuance of new common
shares after the initial public offering to convertible bonds
holders, and the changes in the Company’s Articles of
Association to comply with the Capital Market Regulation.
The amendment was approved by Decree of the Minister of
Justice and Human Rights No. AHU-07271.AH.01.02.Tahun
2013 dated 19 February 2013, and published in Supplement
No. 80720 to the State of Gazette No.48 dated 14 June
2013.
Perubahan terakhir dilakukan dengan akta notaris
Jose Dima Satria, SH., M.Kn., No. 13 tanggal 8 Juni
2015 antara lain mengenai perubahan anggota Dewan
Komisaris dan Direksi dan perubahan Anggaran
Dasar Perseroan untuk disesuaikan dengan Peraturan
Pasar Modal. Perubahan tersebut telah mendapatkan
Penerimaan Pemberitahuan Perubahan Anggaran
Dasar dan Perubahan Data Perseroan dari Menteri
Hukum dan Hak Asasi Manusia No. AHUAH.01.03-0942965 dan No.AHU-AH.01.03-0942966
tanggal 17 Juni 2015.
The latest amendment was effected by deed of notary public
Jose Dima Satria, SH., M.Kn., No. 13 dated 8 June 2015,
concerning changes in the tenure of the Board of
Commissioners and Directors and changes in the
Company’s Articles of Association in order to comply with
the Capital Market Regulation. The Minister of Justice and
Human Rights has acknowledged the receipt of the
Company’s notification regarding the changes of articles of
association and Company’s data through letters No. AHUAH.01.03-0942965 and No. AHU-AH.01.03-0942966 dated
17 June 2015.
8
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
1. UMUM (Lanjutan)
a.
Pendirian dan informasi lain Perseroan
(Lanjutan)
a.
1.GENERAL (Continued)
Establishment and other information of the Company
(Continued)
Perseroan bergerak dalam bidang, baik secara
langsung maupun tidak langsung melalui entitas
anaknya, distribusi sepeda motor dengan merek
Honda di wilayah Jawa Timur dan Nusa Tenggara
Timur, penjualan eceran kendaraan bermotor roda
empat dengan merek Nissan dan Datsun, penyewaan
kendaraan, pabrikasi minyak pelumas, asuransi
kerugian dan aktivitas pembiayaan. Perseroan
memulai operasi komersial sejak 1988.
The Company is engaged in, either directly or indirectly
through its subsidiaries, distribution of motorcycles under
Honda brand in East Java and East Nusa Tenggara areas,
four-wheel vehicle retail sales under Nissan and Datsun
brands, vehicle rental, production of oil lubricants, general
insurance, and financing activities. The Company
commenced its commercial operations in 1988.
Kantor Perseroan beralamat di Lippo Kuningan,
lantai 26, Jl. H.R. Rasuna Said Kav. B-12, Kuningan,
Jakarta 12940.
The Company’s office is located at Lippo Kuningan, 26th
floor, Jl. H.R. Rasuna Said Kav. B-12, Kuningan, Jakarta
12940.
Pemegang saham mayoritas Perseroan, PT Saratoga
Investama Sedaya Tbk, memiliki entitas anak dan
afiliasi di Indonesia dan luar negeri.
The Company’s majority shareholder, PT Saratoga
Investama Sedaya Tbk, has subsidiaries and affiliates in
Indonesia and overseas.
Laporan keuangan interim konsolidasian disetujui
untuk diterbitkan oleh Direktur pada tanggal
25 April 2017.
The consolidated interim financial statements were
approved for issuance by the Directors on 25 April 2017.
b. Penawaran umum perdana saham Perseroan
Pada tanggal 20 Mei 2013, Perseroan memperoleh
Surat Pernyataan Efektif No. S-136/D.04/2013 dari
Otoritas Jasa Keuangan (“OJK”) untuk melakukan
penawaran umum perdana saham biasa atas nama
sejumlah 970.000.000 saham dengan nilai nominal
Rp 500 (dalam Rupiah penuh) per saham kepada
masyarakat melalui Bursa Efek Indonesia (“BEI”).
Saham tersebut ditawarkan dengan harga Rp 1.500
(dalam Rupiah penuh) per saham.
b.
The Company’s initial public offering
On 20 May 2013, the Company obtained Effective
Statement Letter No. S-136/D.04/2013 from the Financial
Services Authority of Indonesia (“OJK”) to conduct an
initial public offering (“IPO”) of 970,000,000 common
shares with par value of Rp 500 (in whole Rupiah) per
share through the Indonesia Stock Exchange (“BEI”).
The shares were offered at a price of Rp 1,500 (in whole
Rupiah) per share.
9
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
c.
Struktur grup
Perseroan memiliki kepemilikan secara langsung dan
tidak langsung di entitas anak berikut:
Entitas anak/
Subsidiary
Domisili/
Domicile
Kepemilikan langsung/Direct ownership
PT Mitra Pinasthika Mustika
Tangerang
Rent (“MPMR”)
1.GENERAL (Continued)
1. UMUM (Lanjutan)
Group structure
The Company has direct and indirect ownerships in the
following subsidiaries:
Tahun
dimulainya
operasi
komersial/
Year of
commencing
commercial
operations
Periode
pelaporan dari
laporan
keuangan/
Reporting
period of
financial
statements
Penyewaan
kendaraan/
Vehicle rental
2008
31 Maret/
March
99,99
99,99
2.779.003
2.976.164
Jenis usaha/
Nature of business
Persentase kepemilikan efektif/
Percentage of effective ownership
31 Maret/
31 Desember/
March 2017
December 2016
Jumlah aset sebelum eliminasi/
Total assets before elimination
31 Maret/
31 Desember/
March 2017
December 2016
PT Mitra Pinasthika Mulia
(“MP Mulia”)
Jakarta
Penjualan sepeda
motor dan
komponen
pendukung/
Sales of motorcycle
and its supporting
components
2011
31 Maret/
March
99,99
99,99
1.876.562
1.747.552
PT Mitra Pinasthika Mustika
Finance (“MPMF”)
Jakarta
Pembiayaan
konsumen, sewa
guna usaha dan anjak
piutang/Consumer
financing, leasing
and factoring
1994
31 Maret/
March
60,00
60,00
5.938.968
5.730.552
PT Federal Karyatama
(“FKT”)
Jakarta
Pabrikasi dan
pengemasan minyak
pelumas/
Manufacturing and
packaging of oil
lubricant
1988
31 Maret/
March
100,00
100,00
1.179.928
1.144.630
PT Asuransi Mitra
Pelindung Mustika
(“AMPM”)
Jakarta
Asuransi kerugian/
General insurance
2012
31 Maret/
March
56,87
56,87
616.547
594.081
PT Mitra Pinasthika Mustika
Auto
(“MPM AUTO”)
Tangerang
Penjualan kendaraan
roda empat dan
komponen
pendukung/
Sales of four-wheel
vehicles and its
supporting
components
2013
31 Maret/
March
100,00
100,00
733.790
723.069
PT Mitra Pinastika Mustika
Mobil (“Mobil”)
Jakarta
Perdagangan
kendaraan bermotor
baru dan bekas dan
komponen
pendukung/ Trading
of new and used
motor vehicles and
supporting
components
2014
31 Maret/
March
100,00
100,00
1.973
2.045
10
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
c. Group structure (Continued)
Struktur grup (Lanjutan)
Entitas anak/
Subsidiary
MPM Global Pte. Ltd.
(“MPM Global”)
1.GENERAL (Continued)
1. UMUM (Lanjutan)
Tahun
dimulainya
operasi
komersial/
Year of
commencing
commercial
operations
Periode
pelaporan dari
laporan
keuangan/
Reporting
period of
financial
statements
Domisili/
Domicile
Jenis usaha/
Nature of business
Persentase kepemilikan efektif/
Percentage of effective ownership
31 Maret/
31 Desember/
March 2017
December 2016
Jumlah aset sebelum eliminasi/
Total assets before elimination
31 Maret/
31 Desember/
March 2017
December 2016
Singapura/
Singapore
Keuangan - Didirikan
sehubungan dengan
penerbitan obligasi
(Catatan 22)/
Finance Established in
connection with
bonds issuance
(Note 22)
2014
31 Maret/
March
100,00
100,00
2.498.585
2.528.817
PT Putra Mustika Prima
(“PMP”)
Jakarta
Distribusi minyak
pelumas/Distribution
of oil lubricant
2015
31 Maret/
March
100,00
100,00
94.966
122.070
PT Ananta Cipta Tama
(“ACT”)1)
Jakarta
Investasi, konsultasi
manajemen dan
layanan konsultasi/
Investment,
management
consulting and
advisory services
2016
31 Maret/
March
100,00
100,00
4.557
5.201
1991
31 Maret/
March
99,99
99,99
201.426
213.221
Kepemilikan tidak langsung melalui/Indirect ownership through MPMR
PT Grahamitra Lestarijaya
Jakarta
Penyewaan
(“GML”)
kendaraan/Vehicle
rent
PT Surya Anugerah
Kencana (“SAK”)
Jakarta
Penyewaan
kendaraan/Vehicle
rent
2000
31 Maret/
March
100,00
100,00
157.704
164.492
PT Balai Lelang Asta Nara
Jaya (“BLN”)
Tangerang
Jasa lelang/Auction
services
2013
31 Maret/
March
100,00
100,00
22.753
21.175
PT MPM Oto (“MPMO”)
Jakarta
Perdagangan umum
dan kendaraan
bermotor, jasa dan
agen perwakilan/
General and motor
vehicle trading,
service and agency
2009
31 Maret/
March
100,00
100,00
1.509
2.093
Layanan jasa alih
daya/Outsourcing
services
2013
31 Maret/
March
100,00
100,00
82.106
80.611
31 Maret/
March
100,00
100,00
2.642.788
2.707.505
PT Dayakarya Solusi Sejati
(“DSS”)
Tangerang
Kepemilikan tidak langsung melalui/Indirect ownership through MPM Global
MPM Excelsior Pte. Ltd.
Singapura/
Keuangan –
2014
(“MPM Excelsior”)
Singapore
Didirikan
sehubungan dengan
penerbitan obligasi
(Catatan 22)/
Finance –
Established in
connection with
bonds issuance
(Note 22)
1)
Pada tanggal 16 Mei 2016, ACT didirikan dengan penyetoran
modal senilai Rp 5.000.
Perseroan dan entitas anak secara kolektif disebut
sebagai “Grup”.
1)
On 16 May 2016, ACT was incorporated by capital injections of
Rp 5,000.
The Company and subsidiaries are collectively referred to
as the “Group”.
11
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
1.GENERAL (Continued)
1. UMUM (Lanjutan)
c. Group structure (Continued)
Struktur grup (Lanjutan)
The Group has four reportable segments divided to two
categories as follows:
Grup memiliki empat segmen operasi yang dibagi
menjadi dua kategori sebagai berikut:
Entitas anak/Subsidiary
Diluar jasa keuangan:
Distribusi
Consumer parts
Servis otomotif
Jasa keuangan
Non-financial services:
Distribution
Consumer parts
Automotive services
Financial services
MPM Marketing Sales Operation, MP Mulia, MPM AUTO, Mobil
FKT, PMP
MPMR, GML, SAK, BLN, MPMO, DSS
MPMF, AMPM
d. Komisaris, direksi, komite audit dan karyawan
Susunan anggota komisaris, direksi dan komite audit
Perseroan per 31 Maret 2017 dan 31 Desember 2016
adalah sebagai berikut:
d.
Commissioners,
employees
directors,
audit
committee
and
The members of the Company’s commissioners, directors
and audit committee as of 31 March 2017 and
31 December 2016 were as follows:
31 Maret/
March 2017
31 Desember/
December 2016
Dewan Komisaris
Komisaris Utama
Komisaris
Komisaris
Komisaris
Komisaris Independen
Komisaris Independen
Edwin Soeryadjaya
Lee Chul Joo
Danny Walla
Tossin Himawan
Istama Tatang Siddharta
Simon Halim
Edwin Soeryadjaya
Lee Chul Joo
Danny Walla
Tossin Himawan
Istama Tatang Siddharta
Simon Halim
Board of Commissioners
President Commissioner
Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Direksi
Direktur Utama
Direktur
Direktur
Direktur
Direktur (tidak terafiliasi)
Rudy Halim
Troy Parwata
Agung Cahyadi Kusumo
Andi Esfandiari
Titien Supeno
Rudy Halim
Troy Parwata
Agung Cahyadi Kusumo
Andi Esfandiari
Titien Supeno
Directors
President Director
Director
Director
Director
Director (non affiliated)
Komite audit
Ketua
Anggota
Anggota
Istama Tatang Siddharta
Kurniawan Tedjo
Simon Halim
Istama Tatang Siddharta
Kurniawan Tedjo
Simon Halim
Audit committee
Chairman
Member
Member
Sekretaris Perseroan
Kepala Unit Audit Internal
1)
Troy Parwata
-
Berhenti di 1 Januari 2017
Per tanggal 31 Maret 2017 dan 31 Desember 2016,
karyawan tetap Grup masing-masing sebanyak 4.407
karyawan (tidak diaudit) dan 4.165 karyawan (tidak
diaudit).
Troy Parwata
Henny Soetio 1)
1)
Corporate Secretary
Head of the Internal Audit Unit
Resigned on 1 January 2017
As of 31 March 2017 and 31 December 2016, the Group’s
permanent employees were 4,407 employees (unaudited)
and 4,165 employees (unaudited), respectively.
12
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
a.
Pernyataan kepatuhan
a.
The consolidated interim financial statements have been
prepared and presented in accordance with Indonesian
Financial Accounting Standards (“SAK”) and the
Bapepam-LK Regulation No. VIII.G.7 regarding
Financial Statements Presentation Guidelines.
Laporan keuangan interim konsolidasian disusun dan
disajikan berdasarkan Standar Akuntansi Keuangan
di Indonesia (“SAK”) dan Peraturan Bapepam-LK
No. VIII.G.7 mengenai Pedoman Penyajian Laporan
Keuangan.
b. Prinsip konsolidasi
Statement of compliance
b.
Basis of consolidation
Laporan keuangan konsolidasian merupakan
konsolidasian dari laporan keuangan interim
Perseroan dengan laporan keuangan interim entitas
anak (Catatan 1c).
The consolidated financial statements represent the
consolidation of the interim financial statements of the
Company with the interim financial statements of its
subsidiaries (Note 1c).
Entitas anak dikonsolidasi sejak tanggal Perseroan
memperoleh pengendalian secara efektif dan tidak
lagi dikonsolidasi sejak tanggal pengendalian
tersebut tidak lagi dimiliki.
Subsidiaries are consolidated from the date on which the
Company obtains effective control, and are no longer
consolidated from the date such control ceases.
Suatu pengendalian atas entitas anak dianggap ada
bilamana Perseroan terekspos terhadap, atau
memiliki hak atas, imbal hasil variabel dari
keterlibatannya dengan entitas anak dan memiliki
kemampuan untuk mempengaruhi imbal hasil
tersebut melalui kekuasaannya atas entitas anak.
Perseroan akan menilai kembali apakah masih
memiliki kendali jika ada perubahan atas satu atau
lebih unsur pengendalian. Ini termasuk situasi
dimana hak protektif yang dimiliki (seperti yang
dihasilkan dari hubungan pinjaman) menjadi
substantif dan mengakibatkan Perseroan memiliki
kekuasaan atas suatu entitas.
Control over an investee is presumed to exist if the
Company is exposed to, or has rights to, variable returns
from its involvement with the investee and has the ability
to affect those returns through its power over the investee.
The Company reassesses whether it still has control if
there are changes to one or more of the elements of the
control. This includes circumstances in which protective
rights held (e.g. those resulting from a lending
relationship) become substantive and lead to the Company
having power over an entity.
Kebijakan akuntansi yang digunakan dalam
penyusunan laporan keuangan konsolidasian telah
diterapkan secara konsisten oleh Grup.
The accounting policies adopted in the consolidated
financial statements have been consistenly applied by the
Group.
Saldo dan transaksi signifikan antar perusahaan,
termasuk penghasilan dan beban, dieliminasi secara
penuh. Keuntungan dan kerugian hasil dari transaksi
antar perusahaan yang belum direalisasi, dieliminasi
dalam laporan keuangan konsolidasian.
Significant intercompany balances and transactions,
including income and expenses, are eliminated in full.
Unrealized gains and losses resulting from intercompany
transactions are eliminated in the consolidated financial
statements.
13
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
b. Prinsip konsolidasi (Lanjutan)
c.
b.
Basis of consolidation (Continued)
Bila pengendalian atas suatu entitas diperoleh dalam
periode berjalan, hasil usaha entitas tersebut
dimasukkan dalam laporan keuangan konsolidasian
sejak
tanggal
pengendalian
dimulai.
Bila
pengendalian berakhir dalam periode berjalan, hasil
usaha entitas tersebut dimasukkan ke dalam laporan
keuangan interim konsolidasian untuk periode
dimana pengendalian masih berlangsung.
Where control of an entity is obtained during a financial
period, its results are included in the consolidated
financial statements from the date on which control
commences. Where control ceases during a financial
period, its results are included in the consolidated interim
financial statements for the part of the period during
which control still existed.
Perubahan
yang
mempengaruhi
persentase
kepemilikan dan ekuitas entitas anak disajikan
sebagai selisih transaksi dengan pihak nonpengendali
dalam bagian ekuitas pada laporan posisi keuangan
interim konsolidasian.
Changes affecting the percentage of ownership and equity
of subsidiaries are presented as difference in value arising
from transactions with non-controlling interests within the
equity section of the consolidated interim statement of
financial position.
Kepentingan nonpengendali diakui pada tanggal
kombinasi bisnis yang selanjutnya disesuaikan
dengan proporsi atas perubahan ekuitas entitas anak.
Non-controlling interests is recognized at the date of
business combination and adjusted by proportion of
changes in equity of subsidiaries.
Kepentingan nonpengendali disajikan pada bagian
ekuitas dalam laporan posisi keuangan interim
konsolidasian, terpisah dari ekuitas yang dapat
diatribusikan kepada pemilik entitas induk. Laba atau
rugi dan setiap komponen pendapatan komprehensif
lain diatribusikan kepada pemilik entitas induk dan
kepada kepentingan nonpengendali berdasarkan
proporsi kepemilikan.
Non-controlling interests is presented in the consolidated
interim statement of financial position within equity,
separately from the equity attributable to the owners of the
Company. Profit or loss and each component of other
comprehensive income are attributed to the owners of the
Company and to the non-controlling interests based on the
ownership interest proportionally.
Selisih lebih antara harga perolehan dan bagian
Perseroan atas nilai wajar aset neto entitas anak yang
diakuisisi yang dapat diidentifikasikan dibukukan
sebagai goodwill. Goodwill tidak diamortisasi dan
diuji penurunan nilai setiap tahunnya.
The excess of the acquisition cost of the Company’s
proportionate share in the underlying fair value of an
acquired subsidiary’s identifiable net assets is recognized
as goodwill. Goodwill is not amortized and is tested for
impairment annually.
Laporan arus kas
Laporan arus kas interim konsolidasian menyajikan
perubahan dalam kas dan setara kas dari aktivitas
operasi, investasi dan pendanaan disusun dengan
metode langsung.
c.
Statement of cash flows
The consolidated interim statement of cash flows presents
the changes in cash and cash equivalents from operating,
investing and financing activities, and is prepared using
the direct method.
14
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
d. Dasar pengukuran
d.
Basis of measurement
The consolidated interim financial statements are
prepared on the accrual basis using the historical cost
concept, except where the accounting standards require
fair value measurement.
Laporan keuangan interim konsolidasian disusun atas
dasar akrual dengan menggunakan konsep nilai
historis, kecuali dimana standar akuntansi
mensyaratkan pengukuran pada nilai wajar.
e.
Mata uang fungsional dan penyajian
Laporan keuangan interim konsolidasian disajikan
dalam Rupiah, yang merupakan mata uang
fungsional Perseroan termasuk entitas anak, kecuali
MPM Global dan MPM Excelsior, yang mata uang
fungsionalnya adalah Dolar Amerika Serikat. Semua
informasi keuangan yang disajikan dalam Rupiah
telah dibulatkan ke dalam jutaan terdekat.
Untuk keperluan konsolidasi interim aset dan
liabilitas MPM Global dan MPM Excelsior
dijabarkan ke dalam Rupiah dengan menggunakan
kurs yang berlaku pada tanggal pelaporan.
Pendapatan dan beban dijabarkan
dengan
menggunakan kurs yang berlaku pada tanggal
transaksi, sedangkan transaksi ekuitas dijabarkan
dengan menggunakan kurs historis. Selisih yang
timbul dari hasil penjabaran diakui di penghasilan
komprehensif lain.
e.
Functional and presentation currency
The consolidated interim financial statements are
presented in Rupiah, which is the functional currency of
the Company including subsidiaries, except for MPM
Global and MPM Excelsior, the functional currency of
which is the US Dollar. All financial information
presented in Rupiah has been rounded to the nearest
million.
For interim consolidation purposes, MPM Global and
MPM Excelsior’s assets and liabilities are translated into
Rupiah using the exchange rates prevailing at the reporting
dates. Revenues and expenses are translated using the
exchange rates prevailing at transaction dates, while equity
transactions are translated using the historical rates. The
resulting translation adjustment is recognized in other
comprehensive income.
f.
Penggunaan pertimbangan, estimasi dan asumsi
Penyusunan laporan keuangan interim konsolidasian
sesuai dengan SAK mengharuskan manajemen untuk
membuat pertimbangan, estimasi dan asumsi yang
mempengaruhi penerapan kebijakan akuntansi dan
jumlah aset, liabilitas, pendapatan dan beban. Walaupun
estimasi tersebut berdasarkan pemahaman terbaik
manajemen atas kejadian dan kegiatan terkini, hasil
aktual dapat berbeda dari nilai yang telah di estimasi.
Estimasi dan asumsi yang mendasarinya ditinjau
secara berkesinambungan. Perubahan terhadap
estimasi akuntansi diakui secara prospektif.
Informasi
mengenai
asumsi
dan
estimasi
ketidakpastian yang memiliki risiko signifikan
terjadinya penyesuaian yang material dalam satu
tahun kedepan termasuk didalam catatan atas laporan
keuangan interim konsolidasian berikut ini:
f.
Use of judgments, estimates and assumptions
The preparation of consolidated interim financial
statements in conformity with SAK requires management to
make judgments, estimates and assumptions that affect the
application of accounting policies and the reported
amounts of assets, liabilities, income and expenses.
Although those estimates are based on management’s best
knowledge of current events and activities, actual results
may differ from the estimated amounts.
Estimates and underlying assumptions are reviewed on an
ongoing basis. Revisions to accounting estimates are
recognized prospectively.
Information
about
assumptions
and
estimation
uncertainties that have a significant risk of resulting in a
material adjustment within the next financial year are
included in the following notes of the consolidated interim
financial statements:
Catatan 6: Piutang pembiayaan konsumen
Note 6: Consumer financing receivables
Catatan 7: Piutang sewa pembiayaan
Note 7: Finance lease receivables
Catatan 8: Persediaan
Note 8: Inventories
Catatan 9: Pemanfaatan rugi pajak
Note 9:Utilization of tax losses
Catatan 13: Asumsi utama yang digunakan dalam
proyeksi arus kas terdiskonto untuk tujuan uji
penurunan nilai goodwill
Note 13: Key assumptions used in the discounted cash
flows projections for the purpose of impairment testing
on goodwill
Catatan 22: Pengukuran kewajiban imbalan pasti
Note 22: Measurement of defined benefits obligation
15
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
f.
3.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
Penggunaan pertimbangan, estimasi dan asumsi
(Lanjutan)
f.
Use of judgments, estimates and assumptions (Continued)
Pada saat mengukur nilai wajar suatu aset atau
liabilitas, Grup sedapat mungkin menggunakan data
pasar yang dapat diobservasi. Nilai wajar
dikategorikan menjadi berbagai level di dalam
hirarki nilai wajar berdasarkan input yang digunakan
dalam teknik penilaian, sebagai berikut:
When measuring the fair value of an asset or liability, the
Group uses observable market data as far as possible. Fair
values are categorized into different levels in a fair value
hierarchy based on the inputs used in the valuation
techniques as follows:
Level 1: harga kuotasian (tanpa penyesuaian) di
pasar aktif untuk aset atau liabilitas yang identik.
Level 1: quoted prices (unadjusted) in active markets
for identical assets or liabilities.
Level 2: input selain harga kuotasian yang
termasuk dalam Level 1 yang dapat diobservasi
untuk aset atau liabilitas, baik secara langsung
(yaitu sebagai harga) atau tidak langsung (yaitu
ditentukan dari harga).
Level 2: inputs other than quoted prices included in
Level 1 that are observable for the asset or liability,
either directly (i.e. as prices) or indirectly (i.e. derived
from prices).
Level 3: input yang tidak dapat diobservasi untuk
aset atau liabilitas.
Level 3: inputs for the asset or liability that are not
based on observable market data (unobservable
inputs).
Informasi lebih lanjut mengenai asumsi yang dibuat
dalam pengukuran nilai wa
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN KEUANGAN INTERIM KONSOLIDASIAN/
CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARET 2017 DAN 2016 (TIDAK DIAUDIT)/
31 MARCH 2017 AND 2016 (UNAUDITED)
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
DAFTAR ISI/CONTENTS
Halaman/Page
SURAT PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB/
DIRECTORS’ STATEMENT OF RESPONSIBILITY
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016 --------------------------------------------------------
1-2
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF
LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED
31 MARCH 2017 AND 2016 --------------------------------------------------------------------------
3-4
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 DESEMBER 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 DECEMBER 2017 AND 2016 -----------
5-6
LAPORAN ARUS KAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 ----------------
7
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016,
DAN PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016,
AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 ----------------------
8 - 98
PT Dharma Intisawit Nugraha
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
ASET
Catatan/
Notes
31 Maret/
March 2017
31 Desember/
December 2016
ASET LANCAR
Kas dan setara kas
Piutang usaha
Piutang premi
Piutang pembiayaan konsumen
Piutang sewa pembiayaan
Piutang nonusaha
Persediaan
Investasi di surat berharga
Aset derivatif
Pajak pertambahan nilai dibayar dimuka
Pembayaran dimuka lainnya
Aset yang dimiliki untuk dijual
CURRENT ASSETS
4
5
6
7
8
14
JUMLAH ASET LANCAR
812.293
646.081
83.731
1.700.217
635.128
294.539
895.213
25.301
13.465
36.277
118.788
5.261.033
1.285.079
743.662
89.122
1.725.396
614.216
290.803
709.536
19.710
31.628
40.847
139.405
29.180
5.718.584
Cash and cash equivalents
Trade receivables
Premium receivables
Consumer financing receivables
Finance lease receivables
Non-trade receivables
Inventories
Investment in securities
Derivative assets
Prepaid value added tax
Other prepayments
Assets held for sale
2.224.070
1.009.877
7.140
798.159
127.207
98.327
64.421
1.939.151
952.671
55.289
798.145
135.636
45.351
68.398
Consumer financing receivables
Finance lease receivables
Investments in associates
Guarantee deposits
Reinsurance assets
Derivative assets
Investment in securities
239.342
90.277
3.499.092
1.193.544
13.597
176.163
9.541.216
228.368
99.171
3.520.883
1.193.544
14.339
156.695
9.207.641
Refundable income tax
Deferred tax assets
Fixed assets, net
Goodwill
Other intangible assets
Other non-current assets
TOTAL NON-CURRENT ASSETS
14.802.249
14.926.225
TOTAL ASSETS
ASET TIDAK LANCAR
Piutang pembiayaan konsumen
Piutang sewa pembiayaan
Investasi pada entitas asosiasi
Deposit jaminan
Aset reasuransi
Aset derivatif
Investasi di surat berharga
Pajak penghasilan yang dapat
dikembalikan
Aset pajak tangguhan
Aset tetap, neto
Goodwill
Aset takberwujud lainnya
Aset tidak lancar lainnya
JUMLAH ASET TIDAK LANCAR
JUMLAH ASET
ASSETS
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
6
7
10
11
14
9f
12
13a
13b
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
See Notes to the Consolidated Interim Financial Statements,
which form an integral part of these consolidated interim
financial statements.
1
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
31 MARCH 2017 AND 31 DECEMBER 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
LIABILITAS DAN EKUITAS
Catatan/
Notes
31 Maret/
March 2017
31 Desember/
December 2016
LIABILITAS JANGKA PENDEK
Utang bank jangka pendek
Utang usaha
Utang pajak penghasilan
Utang pajak lainnya
Utang reasuransi
Utang lainnya
Pendapatan ditangguhkan
Estimasi liabilitas klaim
Liabilitas derivatif
Beban akrual
Pinjaman jangka panjang yang jatuh tempo
dalam setahun
JUMLAH LIABILITAS JANGKA
PENDEK
CURRENT LIABILITIES
14
18
156.296
1.039.061
64.378
31.556
66.437
164.258
73.081
72.474
56.247
179.319
547.043
961.707
43.850
35.212
58.538
304.873
71.949
82.531
38.404
148.999
19
2.196.443
2.134.734
4.099.550
4.427.840
15
16
9e
9b
17
LIABILITAS JANGKA PANJANG
Pinjaman jangka panjang, setelah dikurangi
bagian yang jatuh tempo dalam setahun
Surat utang jangka menengah
Utang obligasi
Liabilitas derivatif
Pendapatan ditangguhkan
Liabilitas pajak tangguhan
Liabilitas imbalan kerja
JUMLAH LIABILITAS JANGKA
PANJANG
19
20
21
14
TOTAL CURRENT LIABILITIES
9f
22
Long-term borrowings, net of
current maturities
Medium term notes
Bonds payable
Derivative liabilities
Unearned income
Deferred tax liabilities
Employee benefits liabilities
1.708.746
299.676
2.631.436
2.185
162.801
5.358
64.155
1.611.695
299.636
2.695.855
15.420
151.996
5.405
70.906
4.874.357
4.850.913
TOTAL NON-CURRENT LIABILITIES
8.973.907
9.278.753
TOTAL LIABILITIES
EKUITAS
JUMLAH LIABILITAS DAN EKUITAS
Short-term bank loans
Trade payables
Income tax payables
Other tax payables
Reinsurance payables
Other payables
Unearned income
Estimated claims liabilities
Derivative liabilities
Accrued expenses
Current maturities
of long-term borrowings
NON-CURRENT LIABILITIES
JUMLAH LIABILITAS
Modal saham dengan nilai nominal
Rp 500 (dalam Rupiah penuh) per saham:
Modal dasar - 10.000.000.000 saham
Modal ditempatkan dan disetor 4.462.963.276 saham
Tambahan modal disetor
Saham tresuri
Komponen ekuitas lainnya
Saldo laba:
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya
Ekuitas yang dapat diatribusikan kepada
pemilik entitas induk
Kepentingan nonpengendali
JUMLAH EKUITAS
LIABILITIES AND EQUITY
EQUITY
23a
24
23b
32
25
2.231.482
1.468.694
(159.503)
(544.513)
2.231.482
1.468.694
(159.503)
(583.281)
105.298
1.943.349
105.298
1.814.297
5.044.807
783.535
5.828.342
4.876.987
770.485
5.647.472
Share capital at par value of
Rp 500 (in whole Rupiah) per share:
Authorized capital 10,000,000,000 shares
Issued and paid-up capital 4,462,963,276 shares
Additional paid-in capital
Treasury stocks
Other equity components
Retained earnings:
Appropriated
Unappropriated
Equity attributable to owners of
the Company
Non-controlling interests
TOTAL EQUITY
14.802.249
14.926.225
TOTAL LIABILITIES AND EQUITY
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
2
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Pendapatan neto
Biaya pokok pendapatan
26
27
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
3.958.815
(3.331.699)
4.143.309
(3.542.321)
627.116
600.988
(420.966)
83.891
(27.303)
(446.234)
24.265
(12.412)
LABA USAHA
262.738
166.607
Pendapatan keuangan
Biaya keuangan
Bagian atas laba entitas asosiasi
21.102
(70.176)
-
29.732
(73.840)
549
213.664
123.048
(66.088)
(49.641)
147.576
73.407
LABA BRUTO
Beban usaha
Pendapatan lainnya
Beban lainnya
28
29
10
LABA SEBELUM PAJAK
Beban pajak penghasilan
LABA PERIODE BERJALAN
PENGHASILAN KOMPREHENSIF LAIN,
NETO SETELAH PAJAK PENGHASILAN:
Pos yang tidak akan direklasifikasi ke
laba rugi
Pengukuran kembali
program imbalan pasti
Pos-pos yang akan direklasifikasi ke
laba rugi
Perubahan nilai wajar neto dari lindung nilai
atas arus kas
Lainnya
Jumlah penghasilan komprehensif lain,
setelah pajak penghasilan
JUMLAH PENGHASILAN KOMPREHENSIF
9c,9d
97
119
27.082
(328)
95.467
(642)
26.851
94.944
174.427
168.351
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
Net revenues
Cost of revenues
GROSS PROFIT
Operating expenses
Other income
Other expenses
OPERATING PROFIT
Finance income
Finance costs
Share of profit of associates
PROFIT BEFORE TAX
Income tax expense
PROFIT FOR THE PERIOD
OTHER COMPREHENSIVE INCOME, NET
OF INCOME TAX:
Item that will not be reclassified to
profit or loss
Remeasurements of
defined benefit liability
Items that will be reclassified to
profit or loss
Net changes in fair value of
cash flows hedges
Other
Total other comprehensive income,
net of income tax
TOTAL COMPREHENSIVE INCOME
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
3
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
LABA YANG DAPAT DIATRIBUSIKAN
KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
128.889
18.687
147.576
JUMLAH PENGHASILAN
KOMPREHENSIF YANG DAPAT
DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan nonpengendali
LABA PER SAHAM DASAR
(DALAM RUPIAH PENUH)
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
71.539
1.868
73.407
161.376
13.051
174.427
166.523
1.828
168.351
30
17
31
Lihat Catatan atas Laporan Keuangan Interim
Konsolidasian, yang merupakan bagian tidak terpisahkan
dari laporan keuangan interim konsolidasian ini.
PROFIT ATTRIBUTABLE TO:
Owners of the Company
Non-controlling interests
TOTAL COMPREHENSIVE
INCOME ATTRIBUTABLE TO:
Owners of the Company
Non-controlling interests
BASIC EARNINGS PER SHARE
(IN WHOLE RUPIAH)
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
4
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Saldo per 31 Desember 2015
Laba periode berjalan
Penghasilan komprehensif lain, setelah pajak
penghasilan
Saham tresuri
Kompensasi berbasis saham
Lainnya
Saldo per 31 Maret 2016
23b
22
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the Company
Saldo laba/Retained earnings
Tambahan
Saham
Komponen
Telah
Belum
Modal saham/ modal disetor/
tresuri/
ekuitas lainnya/
ditentukan
ditentukan
Share
Additional
Treasury
Other equity
penggunaannya/ penggunaannya/
Capital
paid-in capital
stocks
components
Appropriated
Unappropriated
2.231.482
1.466.851
(143.628)
-
-
-
2.231.482
1.466.851
(14.487)
(158.115)
(602.748)
94.864
4.261
(503.623)
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian, yang merupakan bagian tidak terpisahkan dari laporan keuangan
interim konsolidasian ini.
Jumlah/
Total
Kepentingan
nonpengendali/
Non-controlling
interests
Jumlah
ekuitas/
Total equity
105.298
1.533.898
4.591.153
749.094
5.340.247
Balance as of 31 December 2015
-
71.539
71.539
1.868
73.407
94.984
(14.487)
4.261
989
4.748.439
(40)
748
751.670
Profit for the period
Other comprehensive income, net of
income tax:
Treasury stocks
Share-based compensation
Others
105.298
120
989
1.606.546)
94.944
(14.487)
4.261
1.737
5.500.109
Balance as of 31 March 2016
See Notes to the Consolidated Interim Financial Statements, which form an integral part of these consolidated interim
financial statements.
5
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Catatan/
Notes
Saldo per 31 Desember 2016
Laba periode berjalan
Penghasilan komprehensif lain, setelah
pajak penghasilan
Kompensasi berbasis saham
Lainnya
Saldo per 31 Maret 2017
22
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the Company
Saldo laba/Retained earnings
Tambahan
Saham
Komponen
Telah
Belum
tresuri/
ekuitas lainnya/
ditentukan
ditentukan
Modal saham/ modal disetor/
Additional
Treasury
Other equity
penggunaannya/ penggunaannya/
Share
paid-in capital
stocks
components
Appropriated
Unappropriated
capital
2.231.482
1.468.694
-
-
2.231.482
1.468.694
(159.503 )
(159.503 )
(583.281)
32.324
6.450
(6)
(503.623)
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian, yang merupakan bagian tidak terpisahkan dari laporan keuangan
interim konsolidasian ini.
Jumlah/
Total
Kepentingan
nonpengendali/
Non-controlling
interests
Jumlah
ekuitas/
Total equity
105.298
1.814.297
4.876.987
770.485
5.647.472
Balance as of 31 December 2016
-
128.889
128.889
18.687
147.576
105.298
163
1.943.349
32.487
6.450
(6 )
5.044.807
(5.636)
(1)
783.535
26.851
6.450
(7)
5.828.342
Profit for the period
Other comprehensive income, net of
income tax
Share-based compensation
Other
Balance as of 31 March 2017
See Notes to the Consolidated Interim Financial Statements, which form an integral part of these consolidated interim
financial statements.
6
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS INTERIM KONSOLIDASIAN
UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016/
CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
FOR THE THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
Untuk periode tiga bulan
yang berakhir 31 Maret/
For the three-month periods
ended 31 March
2017
2016
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
Pembayaran kas untuk aktivitas operasi lainnya
Pembayaran kas kepada karyawan
Penerimaan bunga
Pembayaran bunga
Pembayaran pajak penghasilan
Kas neto (digunakan untuk) dari
aktivitas operasi
3.677.982
(3.403.304)
4.316.169
(3.393.590)
(178.671)
(112.639)
21.102
(112.790)
(56.701)
(283.821)
(181.078)
30.324
(119.762)
(64.759)
(165.021)
303.483
CASH FLOWS FROM
OPERATING ACTIVITIES
Cash receipts from customers
Cash payments to suppliers
Cash payments for other operating
activities
Cash payments to employees
Receipts of interest
Payments of interest
Payments of income tax
Net cash (used in) from
operating activities
(79.600)
(49.131)
(106.935)
(39.618)
CASH FLOWS FROM
INVESTING ACTIVITIES
Acquisition of fixed assets and other
non-current assets
Advances for purchases of fixed assets
47.150
149
(643)
(82.075)
47
132
(146.374)
ARUS KAS DARI AKTIVITAS
INVESTASI
Perolehan aset tetap dan aset tidak lancar lainnya
Uang muka pembelian aset tetap
Penerimaan dari penjualan aset yang dimiliki
untuk dijual
Penerimaan dari penjualan aset tetap
Perolehan surat berharga
Kas neto digunakan untuk aktivitas investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan dari utang bank jangka pendek
Pembayaran utang bank jangka pendek
Penerimaan dari pinjaman jangka panjang
Pembayaran pinjaman jangka panjang
Penerimaan dari surat utang jangka menengah
Perolehan saham tresuri
Kas neto digunakan untuk aktivitas pendanaan
(Penurunan) kenaikan neto kas dan
setara kas
Kas dan setara kas, awal periode
Kas dan setara kas, akhir periode
1.352.653
(1.743.419)
1.099.958
(934.882)
(225.690)
(472.786)
1.192.330
(1.352.345)
524.566
(620.010)
139.769
(14.487)
(130.177)
26.932
1.285.079
1.483.587
812.293
1.510.519
Lihat Catatan atas Laporan Keuangan Interim Konsolidasian,
yang merupakan bagian tidak terpisahkan dari laporan
keuangan interim konsolidasian ini.
Proceeds from sales of assets held for sale
Proceeds from sales of fixed assets
Acquisition of securities
Net cash used in investing activities
CASH FLOWS FROM
FINANCING ACTIVITIES
Proceeds from short-term bank loans
Repayments of short-term bank loans
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from medium term notes
Acquisition of treasury stocks
Net cash used in financing activities
Net (decrease) increase in cash and
cash equivalents
Cash and cash equivalents,
beginning of period
Cash and cash equivalents,
end of period
See Notes to the Consolidated Interim Financial
Statements, which form an integral part of these
consolidated interim financial statements.
7
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
1. UMUM
a.
Pendirian dan informasi lain Perseroan
a.
1.GENERAL
Establishment and other information of the Company
PT Mitra Pinasthika Mustika Tbk (“Perseroan”)
didirikan berdasarkan akta notaris Ny. Rukmasanti
Hardjasatya, SH., di Jakarta No. 2 tanggal
2 November 1987 dan diubah dengan akta No. 6
tanggal 1 Juli 1988; akta-akta ini disetujui
berdasarkan keputusan Menteri Kehakiman No. C27013.HT.01.01 Th 88 tanggal 11 Agustus 1988,
didaftarkan di Kepaniteraan Pengadilan Negeri
Jakarta Utara dengan No. 241/Leg/1988 tanggal
29 Agustus 1988, dan diumumkan dalam Tambahan
No. 1025 pada Berita Negara No. 77 tanggal
23 September 1988.
PT Mitra Pinasthika Mustika Tbk (the “Company”) was
established by deed of notary public Mrs. Rukmasanti
Hardjasatya, SH., Jakarta No. 2 dated 2 November 1987
and amanded with deed No. 6 dated 1 July 1988; these
deeds were approved by Decree of Minister of Justice
under No. C2-7013.HT.01.01 Th 88 dated 11 August
1988, registered at the North Jakarta District Court under
No. 241/Leg/1988 on 29 August 1988, and published in
Supplement No. 1025 to the State of Gazette No. 77 on
23 September 1988.
Anggaran Dasar Perseroan telah beberapa kali
mengalami perubahan, perubahan selanjutnya
dilakukan dengan akta notaris Jose Dima Satria, SH.,
M.Kn., No. 17 tanggal 15 Februari 2013 antara lain
mengenai, perubahan status Perseroan dari semula
perusahaan tertutup menjadi perusahaan terbuka,
perubahan nama Perseroan menjadi PT Mitra
Pinasthika Mustika Tbk, peningkatan modal dasar
menjadi Rp 5.000.000, perubahan nilai nominal
saham dari sebesar Rp 1.000.000 (Rupiah penuh)
menjadi sebesar Rp 500 (Rupiah penuh), penerbitan
saham baru setelah penawaran umum perdana saham
biasa untuk pemegang obligasi konversi, dan
perubahan Anggaran Dasar Perseroan untuk
disesuaikan dengan Peraturan Pasar Modal.
Perubahan tersebut telah disetujui oleh Menteri
Hukum dan Hak Asasi Manusia No. AHU07271.AH.01.02.Tahun 2013 tanggal 19 Februari
2013 dan diumumkan dalam Tambahan No. 80720
pada Berita Negara No. 48 tanggal 14 Juni 2013.
The Company’s Articles of Association have been amended
several times, further amendment was effected by deed of
notary public Jose Dima Satria, SH., M.Kn., No. 17 dated
15 February 2013, concerning among others, the change of
the Company’s status from private company to a public
company, the change of the Company’s name to PT Mitra
Pinasthika Mustika Tbk, the increase of authorized share
capital stock to Rp 5,000,000, the change of the nominal
value of shares from Rp 1,000,000 (whole Rupiah) to
Rp 500 (whole Rupiah) per share, issuance of new common
shares after the initial public offering to convertible bonds
holders, and the changes in the Company’s Articles of
Association to comply with the Capital Market Regulation.
The amendment was approved by Decree of the Minister of
Justice and Human Rights No. AHU-07271.AH.01.02.Tahun
2013 dated 19 February 2013, and published in Supplement
No. 80720 to the State of Gazette No.48 dated 14 June
2013.
Perubahan terakhir dilakukan dengan akta notaris
Jose Dima Satria, SH., M.Kn., No. 13 tanggal 8 Juni
2015 antara lain mengenai perubahan anggota Dewan
Komisaris dan Direksi dan perubahan Anggaran
Dasar Perseroan untuk disesuaikan dengan Peraturan
Pasar Modal. Perubahan tersebut telah mendapatkan
Penerimaan Pemberitahuan Perubahan Anggaran
Dasar dan Perubahan Data Perseroan dari Menteri
Hukum dan Hak Asasi Manusia No. AHUAH.01.03-0942965 dan No.AHU-AH.01.03-0942966
tanggal 17 Juni 2015.
The latest amendment was effected by deed of notary public
Jose Dima Satria, SH., M.Kn., No. 13 dated 8 June 2015,
concerning changes in the tenure of the Board of
Commissioners and Directors and changes in the
Company’s Articles of Association in order to comply with
the Capital Market Regulation. The Minister of Justice and
Human Rights has acknowledged the receipt of the
Company’s notification regarding the changes of articles of
association and Company’s data through letters No. AHUAH.01.03-0942965 and No. AHU-AH.01.03-0942966 dated
17 June 2015.
8
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
1. UMUM (Lanjutan)
a.
Pendirian dan informasi lain Perseroan
(Lanjutan)
a.
1.GENERAL (Continued)
Establishment and other information of the Company
(Continued)
Perseroan bergerak dalam bidang, baik secara
langsung maupun tidak langsung melalui entitas
anaknya, distribusi sepeda motor dengan merek
Honda di wilayah Jawa Timur dan Nusa Tenggara
Timur, penjualan eceran kendaraan bermotor roda
empat dengan merek Nissan dan Datsun, penyewaan
kendaraan, pabrikasi minyak pelumas, asuransi
kerugian dan aktivitas pembiayaan. Perseroan
memulai operasi komersial sejak 1988.
The Company is engaged in, either directly or indirectly
through its subsidiaries, distribution of motorcycles under
Honda brand in East Java and East Nusa Tenggara areas,
four-wheel vehicle retail sales under Nissan and Datsun
brands, vehicle rental, production of oil lubricants, general
insurance, and financing activities. The Company
commenced its commercial operations in 1988.
Kantor Perseroan beralamat di Lippo Kuningan,
lantai 26, Jl. H.R. Rasuna Said Kav. B-12, Kuningan,
Jakarta 12940.
The Company’s office is located at Lippo Kuningan, 26th
floor, Jl. H.R. Rasuna Said Kav. B-12, Kuningan, Jakarta
12940.
Pemegang saham mayoritas Perseroan, PT Saratoga
Investama Sedaya Tbk, memiliki entitas anak dan
afiliasi di Indonesia dan luar negeri.
The Company’s majority shareholder, PT Saratoga
Investama Sedaya Tbk, has subsidiaries and affiliates in
Indonesia and overseas.
Laporan keuangan interim konsolidasian disetujui
untuk diterbitkan oleh Direktur pada tanggal
25 April 2017.
The consolidated interim financial statements were
approved for issuance by the Directors on 25 April 2017.
b. Penawaran umum perdana saham Perseroan
Pada tanggal 20 Mei 2013, Perseroan memperoleh
Surat Pernyataan Efektif No. S-136/D.04/2013 dari
Otoritas Jasa Keuangan (“OJK”) untuk melakukan
penawaran umum perdana saham biasa atas nama
sejumlah 970.000.000 saham dengan nilai nominal
Rp 500 (dalam Rupiah penuh) per saham kepada
masyarakat melalui Bursa Efek Indonesia (“BEI”).
Saham tersebut ditawarkan dengan harga Rp 1.500
(dalam Rupiah penuh) per saham.
b.
The Company’s initial public offering
On 20 May 2013, the Company obtained Effective
Statement Letter No. S-136/D.04/2013 from the Financial
Services Authority of Indonesia (“OJK”) to conduct an
initial public offering (“IPO”) of 970,000,000 common
shares with par value of Rp 500 (in whole Rupiah) per
share through the Indonesia Stock Exchange (“BEI”).
The shares were offered at a price of Rp 1,500 (in whole
Rupiah) per share.
9
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
c.
Struktur grup
Perseroan memiliki kepemilikan secara langsung dan
tidak langsung di entitas anak berikut:
Entitas anak/
Subsidiary
Domisili/
Domicile
Kepemilikan langsung/Direct ownership
PT Mitra Pinasthika Mustika
Tangerang
Rent (“MPMR”)
1.GENERAL (Continued)
1. UMUM (Lanjutan)
Group structure
The Company has direct and indirect ownerships in the
following subsidiaries:
Tahun
dimulainya
operasi
komersial/
Year of
commencing
commercial
operations
Periode
pelaporan dari
laporan
keuangan/
Reporting
period of
financial
statements
Penyewaan
kendaraan/
Vehicle rental
2008
31 Maret/
March
99,99
99,99
2.779.003
2.976.164
Jenis usaha/
Nature of business
Persentase kepemilikan efektif/
Percentage of effective ownership
31 Maret/
31 Desember/
March 2017
December 2016
Jumlah aset sebelum eliminasi/
Total assets before elimination
31 Maret/
31 Desember/
March 2017
December 2016
PT Mitra Pinasthika Mulia
(“MP Mulia”)
Jakarta
Penjualan sepeda
motor dan
komponen
pendukung/
Sales of motorcycle
and its supporting
components
2011
31 Maret/
March
99,99
99,99
1.876.562
1.747.552
PT Mitra Pinasthika Mustika
Finance (“MPMF”)
Jakarta
Pembiayaan
konsumen, sewa
guna usaha dan anjak
piutang/Consumer
financing, leasing
and factoring
1994
31 Maret/
March
60,00
60,00
5.938.968
5.730.552
PT Federal Karyatama
(“FKT”)
Jakarta
Pabrikasi dan
pengemasan minyak
pelumas/
Manufacturing and
packaging of oil
lubricant
1988
31 Maret/
March
100,00
100,00
1.179.928
1.144.630
PT Asuransi Mitra
Pelindung Mustika
(“AMPM”)
Jakarta
Asuransi kerugian/
General insurance
2012
31 Maret/
March
56,87
56,87
616.547
594.081
PT Mitra Pinasthika Mustika
Auto
(“MPM AUTO”)
Tangerang
Penjualan kendaraan
roda empat dan
komponen
pendukung/
Sales of four-wheel
vehicles and its
supporting
components
2013
31 Maret/
March
100,00
100,00
733.790
723.069
PT Mitra Pinastika Mustika
Mobil (“Mobil”)
Jakarta
Perdagangan
kendaraan bermotor
baru dan bekas dan
komponen
pendukung/ Trading
of new and used
motor vehicles and
supporting
components
2014
31 Maret/
March
100,00
100,00
1.973
2.045
10
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
c. Group structure (Continued)
Struktur grup (Lanjutan)
Entitas anak/
Subsidiary
MPM Global Pte. Ltd.
(“MPM Global”)
1.GENERAL (Continued)
1. UMUM (Lanjutan)
Tahun
dimulainya
operasi
komersial/
Year of
commencing
commercial
operations
Periode
pelaporan dari
laporan
keuangan/
Reporting
period of
financial
statements
Domisili/
Domicile
Jenis usaha/
Nature of business
Persentase kepemilikan efektif/
Percentage of effective ownership
31 Maret/
31 Desember/
March 2017
December 2016
Jumlah aset sebelum eliminasi/
Total assets before elimination
31 Maret/
31 Desember/
March 2017
December 2016
Singapura/
Singapore
Keuangan - Didirikan
sehubungan dengan
penerbitan obligasi
(Catatan 22)/
Finance Established in
connection with
bonds issuance
(Note 22)
2014
31 Maret/
March
100,00
100,00
2.498.585
2.528.817
PT Putra Mustika Prima
(“PMP”)
Jakarta
Distribusi minyak
pelumas/Distribution
of oil lubricant
2015
31 Maret/
March
100,00
100,00
94.966
122.070
PT Ananta Cipta Tama
(“ACT”)1)
Jakarta
Investasi, konsultasi
manajemen dan
layanan konsultasi/
Investment,
management
consulting and
advisory services
2016
31 Maret/
March
100,00
100,00
4.557
5.201
1991
31 Maret/
March
99,99
99,99
201.426
213.221
Kepemilikan tidak langsung melalui/Indirect ownership through MPMR
PT Grahamitra Lestarijaya
Jakarta
Penyewaan
(“GML”)
kendaraan/Vehicle
rent
PT Surya Anugerah
Kencana (“SAK”)
Jakarta
Penyewaan
kendaraan/Vehicle
rent
2000
31 Maret/
March
100,00
100,00
157.704
164.492
PT Balai Lelang Asta Nara
Jaya (“BLN”)
Tangerang
Jasa lelang/Auction
services
2013
31 Maret/
March
100,00
100,00
22.753
21.175
PT MPM Oto (“MPMO”)
Jakarta
Perdagangan umum
dan kendaraan
bermotor, jasa dan
agen perwakilan/
General and motor
vehicle trading,
service and agency
2009
31 Maret/
March
100,00
100,00
1.509
2.093
Layanan jasa alih
daya/Outsourcing
services
2013
31 Maret/
March
100,00
100,00
82.106
80.611
31 Maret/
March
100,00
100,00
2.642.788
2.707.505
PT Dayakarya Solusi Sejati
(“DSS”)
Tangerang
Kepemilikan tidak langsung melalui/Indirect ownership through MPM Global
MPM Excelsior Pte. Ltd.
Singapura/
Keuangan –
2014
(“MPM Excelsior”)
Singapore
Didirikan
sehubungan dengan
penerbitan obligasi
(Catatan 22)/
Finance –
Established in
connection with
bonds issuance
(Note 22)
1)
Pada tanggal 16 Mei 2016, ACT didirikan dengan penyetoran
modal senilai Rp 5.000.
Perseroan dan entitas anak secara kolektif disebut
sebagai “Grup”.
1)
On 16 May 2016, ACT was incorporated by capital injections of
Rp 5,000.
The Company and subsidiaries are collectively referred to
as the “Group”.
11
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
c.
1.GENERAL (Continued)
1. UMUM (Lanjutan)
c. Group structure (Continued)
Struktur grup (Lanjutan)
The Group has four reportable segments divided to two
categories as follows:
Grup memiliki empat segmen operasi yang dibagi
menjadi dua kategori sebagai berikut:
Entitas anak/Subsidiary
Diluar jasa keuangan:
Distribusi
Consumer parts
Servis otomotif
Jasa keuangan
Non-financial services:
Distribution
Consumer parts
Automotive services
Financial services
MPM Marketing Sales Operation, MP Mulia, MPM AUTO, Mobil
FKT, PMP
MPMR, GML, SAK, BLN, MPMO, DSS
MPMF, AMPM
d. Komisaris, direksi, komite audit dan karyawan
Susunan anggota komisaris, direksi dan komite audit
Perseroan per 31 Maret 2017 dan 31 Desember 2016
adalah sebagai berikut:
d.
Commissioners,
employees
directors,
audit
committee
and
The members of the Company’s commissioners, directors
and audit committee as of 31 March 2017 and
31 December 2016 were as follows:
31 Maret/
March 2017
31 Desember/
December 2016
Dewan Komisaris
Komisaris Utama
Komisaris
Komisaris
Komisaris
Komisaris Independen
Komisaris Independen
Edwin Soeryadjaya
Lee Chul Joo
Danny Walla
Tossin Himawan
Istama Tatang Siddharta
Simon Halim
Edwin Soeryadjaya
Lee Chul Joo
Danny Walla
Tossin Himawan
Istama Tatang Siddharta
Simon Halim
Board of Commissioners
President Commissioner
Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Direksi
Direktur Utama
Direktur
Direktur
Direktur
Direktur (tidak terafiliasi)
Rudy Halim
Troy Parwata
Agung Cahyadi Kusumo
Andi Esfandiari
Titien Supeno
Rudy Halim
Troy Parwata
Agung Cahyadi Kusumo
Andi Esfandiari
Titien Supeno
Directors
President Director
Director
Director
Director
Director (non affiliated)
Komite audit
Ketua
Anggota
Anggota
Istama Tatang Siddharta
Kurniawan Tedjo
Simon Halim
Istama Tatang Siddharta
Kurniawan Tedjo
Simon Halim
Audit committee
Chairman
Member
Member
Sekretaris Perseroan
Kepala Unit Audit Internal
1)
Troy Parwata
-
Berhenti di 1 Januari 2017
Per tanggal 31 Maret 2017 dan 31 Desember 2016,
karyawan tetap Grup masing-masing sebanyak 4.407
karyawan (tidak diaudit) dan 4.165 karyawan (tidak
diaudit).
Troy Parwata
Henny Soetio 1)
1)
Corporate Secretary
Head of the Internal Audit Unit
Resigned on 1 January 2017
As of 31 March 2017 and 31 December 2016, the Group’s
permanent employees were 4,407 employees (unaudited)
and 4,165 employees (unaudited), respectively.
12
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
a.
Pernyataan kepatuhan
a.
The consolidated interim financial statements have been
prepared and presented in accordance with Indonesian
Financial Accounting Standards (“SAK”) and the
Bapepam-LK Regulation No. VIII.G.7 regarding
Financial Statements Presentation Guidelines.
Laporan keuangan interim konsolidasian disusun dan
disajikan berdasarkan Standar Akuntansi Keuangan
di Indonesia (“SAK”) dan Peraturan Bapepam-LK
No. VIII.G.7 mengenai Pedoman Penyajian Laporan
Keuangan.
b. Prinsip konsolidasi
Statement of compliance
b.
Basis of consolidation
Laporan keuangan konsolidasian merupakan
konsolidasian dari laporan keuangan interim
Perseroan dengan laporan keuangan interim entitas
anak (Catatan 1c).
The consolidated financial statements represent the
consolidation of the interim financial statements of the
Company with the interim financial statements of its
subsidiaries (Note 1c).
Entitas anak dikonsolidasi sejak tanggal Perseroan
memperoleh pengendalian secara efektif dan tidak
lagi dikonsolidasi sejak tanggal pengendalian
tersebut tidak lagi dimiliki.
Subsidiaries are consolidated from the date on which the
Company obtains effective control, and are no longer
consolidated from the date such control ceases.
Suatu pengendalian atas entitas anak dianggap ada
bilamana Perseroan terekspos terhadap, atau
memiliki hak atas, imbal hasil variabel dari
keterlibatannya dengan entitas anak dan memiliki
kemampuan untuk mempengaruhi imbal hasil
tersebut melalui kekuasaannya atas entitas anak.
Perseroan akan menilai kembali apakah masih
memiliki kendali jika ada perubahan atas satu atau
lebih unsur pengendalian. Ini termasuk situasi
dimana hak protektif yang dimiliki (seperti yang
dihasilkan dari hubungan pinjaman) menjadi
substantif dan mengakibatkan Perseroan memiliki
kekuasaan atas suatu entitas.
Control over an investee is presumed to exist if the
Company is exposed to, or has rights to, variable returns
from its involvement with the investee and has the ability
to affect those returns through its power over the investee.
The Company reassesses whether it still has control if
there are changes to one or more of the elements of the
control. This includes circumstances in which protective
rights held (e.g. those resulting from a lending
relationship) become substantive and lead to the Company
having power over an entity.
Kebijakan akuntansi yang digunakan dalam
penyusunan laporan keuangan konsolidasian telah
diterapkan secara konsisten oleh Grup.
The accounting policies adopted in the consolidated
financial statements have been consistenly applied by the
Group.
Saldo dan transaksi signifikan antar perusahaan,
termasuk penghasilan dan beban, dieliminasi secara
penuh. Keuntungan dan kerugian hasil dari transaksi
antar perusahaan yang belum direalisasi, dieliminasi
dalam laporan keuangan konsolidasian.
Significant intercompany balances and transactions,
including income and expenses, are eliminated in full.
Unrealized gains and losses resulting from intercompany
transactions are eliminated in the consolidated financial
statements.
13
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
b. Prinsip konsolidasi (Lanjutan)
c.
b.
Basis of consolidation (Continued)
Bila pengendalian atas suatu entitas diperoleh dalam
periode berjalan, hasil usaha entitas tersebut
dimasukkan dalam laporan keuangan konsolidasian
sejak
tanggal
pengendalian
dimulai.
Bila
pengendalian berakhir dalam periode berjalan, hasil
usaha entitas tersebut dimasukkan ke dalam laporan
keuangan interim konsolidasian untuk periode
dimana pengendalian masih berlangsung.
Where control of an entity is obtained during a financial
period, its results are included in the consolidated
financial statements from the date on which control
commences. Where control ceases during a financial
period, its results are included in the consolidated interim
financial statements for the part of the period during
which control still existed.
Perubahan
yang
mempengaruhi
persentase
kepemilikan dan ekuitas entitas anak disajikan
sebagai selisih transaksi dengan pihak nonpengendali
dalam bagian ekuitas pada laporan posisi keuangan
interim konsolidasian.
Changes affecting the percentage of ownership and equity
of subsidiaries are presented as difference in value arising
from transactions with non-controlling interests within the
equity section of the consolidated interim statement of
financial position.
Kepentingan nonpengendali diakui pada tanggal
kombinasi bisnis yang selanjutnya disesuaikan
dengan proporsi atas perubahan ekuitas entitas anak.
Non-controlling interests is recognized at the date of
business combination and adjusted by proportion of
changes in equity of subsidiaries.
Kepentingan nonpengendali disajikan pada bagian
ekuitas dalam laporan posisi keuangan interim
konsolidasian, terpisah dari ekuitas yang dapat
diatribusikan kepada pemilik entitas induk. Laba atau
rugi dan setiap komponen pendapatan komprehensif
lain diatribusikan kepada pemilik entitas induk dan
kepada kepentingan nonpengendali berdasarkan
proporsi kepemilikan.
Non-controlling interests is presented in the consolidated
interim statement of financial position within equity,
separately from the equity attributable to the owners of the
Company. Profit or loss and each component of other
comprehensive income are attributed to the owners of the
Company and to the non-controlling interests based on the
ownership interest proportionally.
Selisih lebih antara harga perolehan dan bagian
Perseroan atas nilai wajar aset neto entitas anak yang
diakuisisi yang dapat diidentifikasikan dibukukan
sebagai goodwill. Goodwill tidak diamortisasi dan
diuji penurunan nilai setiap tahunnya.
The excess of the acquisition cost of the Company’s
proportionate share in the underlying fair value of an
acquired subsidiary’s identifiable net assets is recognized
as goodwill. Goodwill is not amortized and is tested for
impairment annually.
Laporan arus kas
Laporan arus kas interim konsolidasian menyajikan
perubahan dalam kas dan setara kas dari aktivitas
operasi, investasi dan pendanaan disusun dengan
metode langsung.
c.
Statement of cash flows
The consolidated interim statement of cash flows presents
the changes in cash and cash equivalents from operating,
investing and financing activities, and is prepared using
the direct method.
14
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
d. Dasar pengukuran
d.
Basis of measurement
The consolidated interim financial statements are
prepared on the accrual basis using the historical cost
concept, except where the accounting standards require
fair value measurement.
Laporan keuangan interim konsolidasian disusun atas
dasar akrual dengan menggunakan konsep nilai
historis, kecuali dimana standar akuntansi
mensyaratkan pengukuran pada nilai wajar.
e.
Mata uang fungsional dan penyajian
Laporan keuangan interim konsolidasian disajikan
dalam Rupiah, yang merupakan mata uang
fungsional Perseroan termasuk entitas anak, kecuali
MPM Global dan MPM Excelsior, yang mata uang
fungsionalnya adalah Dolar Amerika Serikat. Semua
informasi keuangan yang disajikan dalam Rupiah
telah dibulatkan ke dalam jutaan terdekat.
Untuk keperluan konsolidasi interim aset dan
liabilitas MPM Global dan MPM Excelsior
dijabarkan ke dalam Rupiah dengan menggunakan
kurs yang berlaku pada tanggal pelaporan.
Pendapatan dan beban dijabarkan
dengan
menggunakan kurs yang berlaku pada tanggal
transaksi, sedangkan transaksi ekuitas dijabarkan
dengan menggunakan kurs historis. Selisih yang
timbul dari hasil penjabaran diakui di penghasilan
komprehensif lain.
e.
Functional and presentation currency
The consolidated interim financial statements are
presented in Rupiah, which is the functional currency of
the Company including subsidiaries, except for MPM
Global and MPM Excelsior, the functional currency of
which is the US Dollar. All financial information
presented in Rupiah has been rounded to the nearest
million.
For interim consolidation purposes, MPM Global and
MPM Excelsior’s assets and liabilities are translated into
Rupiah using the exchange rates prevailing at the reporting
dates. Revenues and expenses are translated using the
exchange rates prevailing at transaction dates, while equity
transactions are translated using the historical rates. The
resulting translation adjustment is recognized in other
comprehensive income.
f.
Penggunaan pertimbangan, estimasi dan asumsi
Penyusunan laporan keuangan interim konsolidasian
sesuai dengan SAK mengharuskan manajemen untuk
membuat pertimbangan, estimasi dan asumsi yang
mempengaruhi penerapan kebijakan akuntansi dan
jumlah aset, liabilitas, pendapatan dan beban. Walaupun
estimasi tersebut berdasarkan pemahaman terbaik
manajemen atas kejadian dan kegiatan terkini, hasil
aktual dapat berbeda dari nilai yang telah di estimasi.
Estimasi dan asumsi yang mendasarinya ditinjau
secara berkesinambungan. Perubahan terhadap
estimasi akuntansi diakui secara prospektif.
Informasi
mengenai
asumsi
dan
estimasi
ketidakpastian yang memiliki risiko signifikan
terjadinya penyesuaian yang material dalam satu
tahun kedepan termasuk didalam catatan atas laporan
keuangan interim konsolidasian berikut ini:
f.
Use of judgments, estimates and assumptions
The preparation of consolidated interim financial
statements in conformity with SAK requires management to
make judgments, estimates and assumptions that affect the
application of accounting policies and the reported
amounts of assets, liabilities, income and expenses.
Although those estimates are based on management’s best
knowledge of current events and activities, actual results
may differ from the estimated amounts.
Estimates and underlying assumptions are reviewed on an
ongoing basis. Revisions to accounting estimates are
recognized prospectively.
Information
about
assumptions
and
estimation
uncertainties that have a significant risk of resulting in a
material adjustment within the next financial year are
included in the following notes of the consolidated interim
financial statements:
Catatan 6: Piutang pembiayaan konsumen
Note 6: Consumer financing receivables
Catatan 7: Piutang sewa pembiayaan
Note 7: Finance lease receivables
Catatan 8: Persediaan
Note 8: Inventories
Catatan 9: Pemanfaatan rugi pajak
Note 9:Utilization of tax losses
Catatan 13: Asumsi utama yang digunakan dalam
proyeksi arus kas terdiskonto untuk tujuan uji
penurunan nilai goodwill
Note 13: Key assumptions used in the discounted cash
flows projections for the purpose of impairment testing
on goodwill
Catatan 22: Pengukuran kewajiban imbalan pasti
Note 22: Measurement of defined benefits obligation
15
PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK/
PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN
31 MARET 2017 DAN 31 DESEMBER 2016, DAN PERIODE TIGA BULAN BERAKHIR 31 MARET 2017 DAN 2016 (Lanjutan)/
NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS
31 MARCH 2017 AND 31 DECEMBER 2016, AND THREE-MONTH PERIODS ENDED 31 MARCH 2017 AND 2016 (Continued)
(Dalam jutaan Rupiah, kecuali dinyatakan khusus/In millions of Rupiah, unless otherwise specified)
2.
f.
3.
2. BASIS OF PREPARATION OF THE
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
DASAR PENYUSUNAN
LAPORAN KEUANGAN KONSOLIDASIAN
(Lanjutan)
Penggunaan pertimbangan, estimasi dan asumsi
(Lanjutan)
f.
Use of judgments, estimates and assumptions (Continued)
Pada saat mengukur nilai wajar suatu aset atau
liabilitas, Grup sedapat mungkin menggunakan data
pasar yang dapat diobservasi. Nilai wajar
dikategorikan menjadi berbagai level di dalam
hirarki nilai wajar berdasarkan input yang digunakan
dalam teknik penilaian, sebagai berikut:
When measuring the fair value of an asset or liability, the
Group uses observable market data as far as possible. Fair
values are categorized into different levels in a fair value
hierarchy based on the inputs used in the valuation
techniques as follows:
Level 1: harga kuotasian (tanpa penyesuaian) di
pasar aktif untuk aset atau liabilitas yang identik.
Level 1: quoted prices (unadjusted) in active markets
for identical assets or liabilities.
Level 2: input selain harga kuotasian yang
termasuk dalam Level 1 yang dapat diobservasi
untuk aset atau liabilitas, baik secara langsung
(yaitu sebagai harga) atau tidak langsung (yaitu
ditentukan dari harga).
Level 2: inputs other than quoted prices included in
Level 1 that are observable for the asset or liability,
either directly (i.e. as prices) or indirectly (i.e. derived
from prices).
Level 3: input yang tidak dapat diobservasi untuk
aset atau liabilitas.
Level 3: inputs for the asset or liability that are not
based on observable market data (unobservable
inputs).
Informasi lebih lanjut mengenai asumsi yang dibuat
dalam pengukuran nilai wa