INDF Result Billingual 30 June 2016 Released

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Daftar Isi Table of Contents

Halaman/ Page

Surat Pernyataan Direksi Directors’ Statement Letter

Laporan atas Reviu Informasi Keuangan Interim Report on Review of Interim Financial Information Laporan Posisi Keuangan Konsolidasian Interim……. 1 - 3

Interim consolidated Statement of ..………Financial Position Laporan Laba Rugi dan Penghasilan

Komprehensif Lain Konsolidasian Interim………….. 4 - 5 ....…...……… Other Comprehensive Income Interim consolidated Statement of Profit or Loss and Laporan Perubahan Ekuitas

Konsolidasian Interim...…………. 6 - 7

Interim consolidated Statement of ….……… Changes in Equity Laporan Arus Kas Konsolidasian Interim...…………. 8 - 9 Interim consolidated Statement of Cash Flows Catatan atas Laporan Keuangan

Konsolidasian Interim………. 10 - 184

Notes to the Interim Consolidated ..……..………Financial Statements

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Catatan/ Notes

30 Juni 2016/ June 30, 2016

31 Desember 2015/ December 31, 2015

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan setara kas 2,4,35,36,39 11.580.872 13.076.076 Cash and cash equivalents

Investasi jangka pendek 2,3,5,35,36 1.319.283 1.090.607 Short-term investments

Piutang 2,35,36,39 Accounts receivable

Usaha 3,6 Trade

Pihak ketiga - neto 5.045.424 3.522.553 Third parties - net

Pihak berelasi 33 819.083 733.261 Related parties

Bukan usaha Non-trade

Pihak ketiga 34 497.700 458.089 Third parties

Pihak berelasi 33,34 348.275 402.707 Related parties

Persediaan - neto 2,3,7 8.134.552 7.627.360 Inventories - net

Uang muka dan jaminan 8 1.195.352 809.685 Advances and deposits

Pajak dibayar di muka 2,20 301.040 302.105 Prepaid taxes

Beban tanaman ditangguhkan 2,11 203.957 165.308 Future crop expenditures

Biaya dibayar di muka dan aset

lancar lainnya 2,33 576.828 253.910 other current assets Prepaid expenses and

Aset kelompok lepasan yang

dimiliki untuk dijual 2,3,14 12.389.714 14.375.084 classified as held for saleAssets of disposal group

Total Aset Lancar 42.412.080 42.816.745 Total Current Assets

ASET TIDAK LANCAR NON-CURRENT ASSETS

Tagihan pajak penghasilan 2,3,20 253.382 261.934 Claims for tax refund

Piutang plasma - neto 2,3,35,36,37 828.086 785.773 Plasma receivables - net

Aset pajak tangguhan - neto 2,3, 20 2.237.178 2.083.290 Deferred tax assets - net

Investasi jangka panjang 2,9,36,38 2.993.032 1.898.233 Long-term investments

Tanaman perkebunan 2,3,10,20, 34 Plantations

Tanaman menghasilkan - neto 5.397.569 5.193.423 Mature plantations - net

Tanaman belum menghasilkan 3.583.033 3.612.838 Immature plantations

Hutan tanaman industri, neto 2,3,12 283.116 281.726 Industrial timber plantations, net

Aset tetap - neto 2,3,13, 33,34 25.629.185 25.096.342 Fixed assets - net

Properti investasi 2,14 42.188 42.188 Investment property

Biaya ditangguhkan - neto 2 652.815 676.166 Deferred charges - net

Goodwill 2,3,14 3.976.524 3.976.524 Goodwill

Aset tak berwujud - neto 2,3,14 2.561.616 2.628.235 Intangible assets - net

Biaya dibayar di muka jangka

panjang 2 1.005.430 948.126 Long-term prepayments

Aset tidak lancar lainnya 33,34,36 2,15, 1.086.261 1.529.983 Other non-current assets

Total Aset Tidak Lancar 50.529.415 49.014.781 Total Non-Current Assets

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Catatan/ Notes

30 Juni 2016/ June 30, 2016

31 Desember 2015/ December 31, 2015

LIABILITAS DAN EKUITAS LIABILITIES AND EQUITIES

LIABILITAS LIABILITIES

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang bank jangka pendek dan

cerukan 2,16,35, 36,39 7.829.783 5.971.569 Short-term bank loans and overdraft

Utang trust receipts 2,17,35,36,39 724.032 1.747.575 Trust receipts payable

Utang usaha 2,18,35, 36,39 Trade payables

Pihak ketiga 3.330.660 3.080.946 Third parties

Pihak berelasi 33 639.201 503.958 Related parties

Utang lain-lain dan uang muka

yang diterima - Pihak ketiga 2,34,36,39 1.665.388 1.589.265 Other payables and deposit received - Third parties

Beban akrual 2, 19,35,36 2.122.187 2.137.266 Accrued expenses

Liabilitas imbalan kerja jangka

pendek 2,19 616.582 684.417 Short-term employee benefits liability

Utang pajak 2,3, 20 910.500 352.910 Taxes payable

Utang jangka panjang yang jatuh

tempo dalam waktu satu tahun 21,35,36 2,13, Current maturities of long- term debts

Utang bank 39 2.062.236 2.949.803 Bank loans

Utang obligasi 35 1.998.015 - Bonds payable

Utang pembelian aset tetap 21,39 41.127 42.942 Liability for purchases of fixed assets

Liabilitas terkait aset kelompok lepasan yang dimiliki untuk

dijual 2,14 4.233.674 6.046.887

Liabilities directly associated with disposal group

classified as held for sale

Total Liabilitas Jangka Pendek 26.173.385 25.107.538 Total Current Liabilities

LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES

Utang jangka panjang - setelah dikurangi bagian yang jatuh

tempo dalam waktu satu tahun 21,35,36 2,13, Long-term debts - net of current maturities

Utang bank 39 13.965.010 12.889.330 Bank loans

Utang obligasi 1.993.139 3.989.156 Bonds payable

Utang pembelian aset tetap 36,39 12.678 15.466 Liability for purchases of fixed assets

Total utang jangka panjang 15.970.827 16.893.952 Total long-term debts

Liabilitas pajak tangguhan - neto 2,3,20 1.467.272 1.518.833 Deferred tax liabilities - net

Utang kepada pihak-pihak

berelasi 2,33,35,36 499.964 338.848 Due to related parties

Liabilitas imbalan kerja karyawan 2,3, 22 5.060.205 4.775.806 Liabilities for employee benefits

Liabilitas estimasi atas biaya

pembongkaran aset tetap 2,3,13 93.268 74.956 assets dismantling costs Estimated liabilities for

Total Liabilitas Jangka Panjang 23.091.536 23.602.395

Total Non-Current Liabilities

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Catatan/ Notes

30 Juni 2016/ June 30, 2016

31 Desember 2015/ December 31, 2015

EKUITAS EQUITY

Modal saham - nilai nominal Rp100 (angka penuh) per

saham amount) par value per share Capital stock - Rp100 (full

Modal dasar - 30.000.000.000

saham 30,000,000,000 shares Authorized -

Modal ditempatkan dan disetor

penuh - 8.780.426.500 saham 23 878.043 878.043 8,780,426,500 shares Issued and fully paid -

Tambahan modal disetor 2,24 522.249 522.249 Additional paid-in capital

Laba yang belum terealisasi dari aset keuangan tersedia untuk

dijual 2 1.007.581 924.426 available-for-sale financial assets Unrealized gains on

Selisih atas perubahan ekuitas Entitas Anak dan dampak transaksi dengan kepentingan

nonpengendali 1,24 6.691.728 6.645.415

Difference from changes in equity of Subsidiaries and effects of

transactions with non-controlling interests

Selisih kurs atas penjabaran

laporan keuangan 2 726.369 844.545 translation of financial statements Exchange differences on

Bagian kelompok lepasan yang diklasifikasikan sebagai dimiliki

untuk dijual 2,14 406.517 627.333 classified as held for sale Reserve of disposal group

Saldo laba Retained earnings

Cadangan umum 25 100.000 95.000 Appropriated for general reserve

Belum ditentukan

penggunaannya 17.475.480 16.732.340 Unappropriated

Ekuitas yang Dapat

Diatribusikan kepada Pemilik

Entitas Induk 27.807.967 27.269.351

Equity Attributable to Equity Holders of

the Parent Entity

Kepentingan Nonpengendali 2, 26 15.868.607 8 15.852.242 Non-controlling Interests

TOTAL EKUITAS 43.676.574 43.121.593 TOTAL EQUITY

TOTAL LIABILITAS DAN

EKUITAS 92.941.495 91.831.526

TOTAL LIABILITIES AND EQUITY

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Catatan/ Notes

Periode Enam Bulan yang Berakhir pada Tanggal/Six-month Period Ended 30 Juni 2016/

June 30, 2016

30 Juni 2015/ June 30, 2015

OPERASI YANG DILANJUTKAN CONTINUING OPERATIONS

PENJUALAN NETO

2,28,33,34,

38 34.084.083 32.634.705 NET SALES

BEBAN POKOK PENJUALAN

2,13,29,

33,34 24.284.184 23.682.390 COST OF GOODS SOLD

LABA BRUTO 9.799.899 8.952.315 GROSS PROFIT

Beban penjualan dan distribusi 2,13,30, 33 (3.661.235 ) (3.587.666 ) Selling and distribution expenses

Beban umum dan administrasi 2,13,30, 33,34 (1.988.391 ) (1.735.095 ) General and administrative expenses

Penghasilan operasi lain 2,30,33,34 258.085 428.328 Other operating income

Beban operasi lain 2,30,33 (394.370 ) (207.132 ) Other operating expenses

LABA USAHA 38 4.013.988 3.850.750 INCOME FROM OPERATIONS

Penghasilan keuangan 2,31,38 572.789 374.763 Finance income

Beban keuangan 2,32,38 (803.330 ) (1.482.070 ) Finance expenses

Bagian atas rugi neto entitas asosiasi 2,9,38 (194.427 ) (174.404 ) Share in net losses of associates

LABA SEBELUM BEBAN PAJAK

PENGHASILAN 20,38 3.589.020 2.569.039

INCOME BEFORE INCOME TAX EXPENSE

Beban Pajak Penghasilan 2,3,20,38 (1.015.045 ) (840.362 ) Income Tax Expense

LABA PERIODE BERJALAN DARI

OPERASI YANG DILANJUTKAN 38 2.573.975 1.728.677

INCOME FOR THE PERIOD FROM CONTINUING OPERATIONS

OPERASI YANG DIHENTIKAN A DISCONTINUED OPERATION

LABA PERIODE BERJALAN DARI

OPERASI YANG DIHENTIKAN 2,14,38 183.339 392.212

INCOME FOR THE PERIOD FROM A DISCONTINUED OPERATION

LABA PERIODE BERJALAN 38 2.757.314 2.120.889 INCOME FOR THE PERIOD

Penghasilan (rugi) komprehensif lain

Other comprehensive income (losses)

Pos yang tidak akan direklasifikasi ke

laba rugi:

Items that will not be reclassified to profit or loss:

Rugi pengukuran kembali atas liabilitas

imbalan kerja karyawan 2,22 (6.223 ) (10.352 ) of employees’ benefit liabilities Re-measurement losses

Bagian rugi komprehensif lain dari

entitas asosiasi setelah pajak 9 (2.735 ) - losses of associates, net of tax Share of other comprehensive

Pos yang dapat direklasifikasi ke laba

rugi:

Items that may be reclassified to profit or loss:

Laba yang belum terealisasi dari aset

keuangan tersedia untuk dijual 2 81.431 154.323 available-for-sale financial assets Unrealized gains on

Selisih kurs atas penjabaran laporan

keuangan 2 (412.924 ) 196.765 translation of financial statements Exchange differences on

Bagian penghasilan komprehensif lain

dari entitas asosiasi setelah pajak 9 117.789 - income of associates, net of tax Share of other comprehensive

Laba (rugi) perubahan nilai wajar atas

hedging arus kas 2 (33.711 ) 2.300 Fair value gains (loss)arising from cash flow hedges

Penghasilan (rugi) komprehensif lain

periode berjalan setelah pajak (256.373 ) 343.036

Other comprehensive income (losses) for the period, net of tax

TOTAL LABA KOMPREHENSIF

PERIODE BERJALAN 2.500.941 2.463.925

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

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Catatan/ Notes

Periode Enam Bulan yang Berakhir pada Tanggal/Six-month Period Ended 30 Juni 2016/

June 30, 2016

30 Juni 2015/ June 30, 2015 Laba periode berjalan yang dapat

diatribusikan kepada:

Income for the period attributable to:

Pemilik entitas induk 2.231.033 1.730.924 Equity holders of the parent entity

Kepentingan nonpengendali 526.281 389.965 Non-controlling interests

Total 2.757.314 2.120.889 Total

Total laba komprehensif periode berjalan yang dapat diatribusikan

kepada:

Total comprehensive income for the period attributable to:

Pemilik entitas induk 2.000.869 2.094.956

Equity holders of the parent entity

Kepentingan nonpengendali 500.072 368.969 Non-controlling interests

Total 2.500.941 2.463.925 Total

LABA PER SAHAM DASAR DARI OPERASI YANG DILANJUTKAN DAN YANG DAPAT

DIATRIBUSIKAN KEPADA PEMILIK ENTITAS INDUK

(angka penuh) 2,27 237 160

BASIC EARNINGS PER SHARE FROM CONTINUING OPERATIONS

ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT ENTITY (full amount)

LABA PER SAHAM DASAR DARI OPERASI YANG DIHENTIKAN DAN YANG DAPAT

DIATRIBUSIKAN KEPADA PEMILIK ENTITAS INDUK

(angka penuh) 2,27 17 37

BASIC EARNINGS PER SHARE FROM A DISCONTINUED OPERATION ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT ENTITY (full amount)

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Catatan/ Notes Modal Saham Ditempatkan dan Disetor Penuh/ Issued and Fully Paid Share Capital Tambahan Modal Disetor/ Additional Paid-in Capital Laba yang Belum Terealisasi dari Aset Keuangan Tersedia untuk Dijual/ Unrealized Gains on Available-for-sal e Financial Assets Perubahan Ekuitas Entitas Anak dan Dampak Transaksi

dengan Kepentingan Nonpengendali/

Difference from Changes in Equity

of Subsidiaries and Effects of Transactions with Non-controlling Interests Selisih Kurs atas Penjabaran Laporan Keuangan/ Exchange Differences on Translation of

Financial Statements Bagian Kelompok Lepasan yang Diklasifikasikan sebagai Dimiliki untuk Dijual/ Reserve of Disposal Group Classified as Held

for Sale

Saldo Laba/Retained Earnings

Sub-total/ Sub-total Kepentingan Nonpengendali/ Non-controlling Interests Total Ekuitas/ Total Equity Cadangan Umum/ Appropriated for General Reserve Belum Ditentukan Penggunaannya/ Unappropriated

Saldo 31 Desember 2014 878.043 522.249 539.039 6.637.221 520.453 387.359 90.000 15.530.036 25.104.400 15.169.798 40.274.198 Balance December 31, 2014

Laba nilai wajar atas hedging arus kas - - - 1.906 - - 1.906 394 2.300 Fair value gain arising from cash flow hedges

Pembelian saham treasuri oleh Entitas

Anak 1 - - - 4.860 - - - - 4.860 (156.763 ) (151.903 ) Purchase of treasury stockby Subsidiaries

Laba (rugi) yang belum terealisasi atas perubahan nilai wajar investasi efek -

neto 2 - - 151.123 7.221 - - - - 158.344 (4.021 ) 154.323 Unrealized gains (losses) on changes in fair values of short-term investments - net

Akuisisi kepentingan nonpengendali dan

entitas anak baru 1 - - - 32.487 - - - - 32.487 (168.797) (136.310)

Acquisition of non-controlling interest and new subsidiaries

Selisih kurs atas penjabaran laporan

keuangan 2 - - - - 202.366 13.596 - - 215.962 (19.197 ) 196.765

Exchange differences on translation of financial statements

Laba (rugi) pengukuran kembali atas

liabilitas imbalan kerja karyawan 22 - - - (12.180 ) (12.180 ) 1.828 (10.352 ) Re-measurement gains (losses) of employees’ benefit liabilities

Pencadangan saldo laba sebagai cadangan

umum 25 - - - 5.000 (5.000 ) - - - Appropriation for general reserve

Tambahan setoran modal pemegang saham nonpengendali kepada

Entitas-entitas Anak - - - 689.014 689.014

Non-controlling shareholders’ additional capital contribution

to Subsidiaries

Dividen kas 25 - - - (1.931.694 ) (1.931.694 ) (573.164 ) (2.504.858 ) Cash dividends

Laba periode berjalan - - - 1.730.924 1.730.924 389.965 2.120.889 Income for the period

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Catatan/ Notes Modal Saham Ditempatkan dan Disetor Penuh/ Issued and Fully Paid Share Capital Tambahan Modal Disetor/ Additional Paid-in Capital yang Belum Terealisasi dari Aset Keuangan Tersedia untuk Dijual/ Unrealized Gains (Losses) on Available-for-sal e Financial Assets Dampak Transaksi dengan Kepentingan Nonpengendali/ Difference from Changes in Equity

Financial Statements Bagian Kelompok Lepasan yang Diklasifikasikan sebagai Dimiliki untuk Dijual/ Reserve of Disposal Group Classified as Held

for Sale

Saldo Laba/Retained Earnings

Saldo 31 Desember 2015 878.043 522.249 924.426 6.645.415 844.545 627.333 95.000 16.732.340 27.269.351 15.852.242 43.121.593 Balance December 31, 2015

Rugi nilai wajar atas hedging arus kas - - - (27.941 ) - - (27.941 ) (5.770 ) (33.711 ) Fair value loss arising from cash flow hedges

Laba yang belum terealisasi dari aset

keuangan tersedia untuk dijual 2 - - 83.155 (2.826 ) - - - - 80.329 1.102 81.431 available for sale financial assets Unrealized gains on

Selisih kurs atas penjabaran laporan

keuangan 2 - - - - (156.954 ) (193.591 ) - - (350.545 ) (62.379 ) (412.924 ) Exchange differences on translation of financial statements

Akuisisi kepentingan nonpengendali dan

entitas anak baru 1 - - - 12.859 - - - - 12.859 (21.058 ) (8.199 )

Acquisition of non-controlling interest and new subsidiaries

Rugi pengukuran kembali atas liabilitas

imbalan kerja karyawan 22 - - - (4.862 ) (4.862 ) (1.361 ) (6.223 ) Re-measurement losses of employees’ benefit liabilities

Pencadangan saldo laba sebagai cadangan

umum 25 - - - - - - 5.000 (5.000 ) - - - Appropriation for general reserve

Bagian pendapatan (rugi) komprehensif lain

dari entitas asosiasi - - - 36.280 38.778 - - (2.203 ) 72.855 42.199 115.054

Share of other comprehensive income (loss) of associates

Pencadangan wajib saldo laba pada entitas

anak - - - 716 - (716 ) - - - Appropriation for statutory reserve by a subsidiary

Tambahan setoran modal pemegang saham nonpengendali kepada

Entitas-entitas anak - - - 23.108 23.108 Non-controlling shareholders’ additional capital contribution to Subsidiaries

Dividen kas 25 - - - (1.475.112 ) (1.475.112 ) (485.757 ) (1.960.869 ) Cash dividends

Laba periode berjalan - - - - - - - 2.231.033 2.231.033 526.281 2.757.314 Income for the period

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Catatan/ Notes

Periode Enam Bulan yang Berakhir pada Tanggal/Six-month Period Ended

30 Juni 2016/ June 30, 2016

30 Juni 2015/ June 30, 2015

ARUS KAS DARI AKTIVITAS

OPERASI OPERATING ACTIVITIES CASH FLOWS FROM

Penerimaan kas dari pelanggan 32.557.502 31.092.874 Cash received from customers

Pembayaran kas kepada pemasok (18.829.193 ) (16.253.672 ) Cash paid to suppliers

Pembayaran untuk beban produksi

dan usaha (7.553.901 ) (7.275.426 ) Payments for production and operating expenses

Pembayaran kepada karyawan (3.371.456 ) (2.867.033 ) Payments to employees

Kas yang diperoleh dari operasi 2.802.952 4.696.743 Cash generated from operations

Penerimaan penghasilan bunga 292.897 374.864 Receipts of interest income

Pembayaran beban bunga (816.894 ) (772.635 ) Payments of interest expense

Pembayaran pajak - neto (733.592 ) (965.284 ) Payments of taxes - net

Penerimaan (pembayaran) lainnya -

neto 89.256 (38.089 ) Other receipts (payments) - net

Kas Neto yang Diperoleh dari

Aktivitas Operasi 1.634.619 3.295.599

Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS

INVESTASI INVESTING ACTIVITIES CASH FLOWS FROM

Penerimaan dari penjualan

aset tetap 13 36.665 9.490 Proceeds from sale of fixed assets

Penambahan aset tetap dan tanaman

perkebunan (1.933.948 ) (1.996.484 ) Additions to fixed assets and plantations

Penambahan investasi dan

penyertaan di entitas asosiasi (1.329.587 ) (695.554 )

Additions to investment and contribution in associates

Pembayaran uang muka untuk

proyek dan aset tetap (110.846 ) (334.163 ) Payments of advances for projects and fixed assets

Akuisisi Entitas Anak, setelah

dikurangi kas yang diperoleh (54.996 ) (1.049.827 )

Acquisition of Subsidiaries, net of cash acquired

Kapitalisasi beban tanaman tebu

ditangguhkan (53.355 ) (71.656 )

Capitalized future cane crops expenditures

Pembayaran untuk perolehan saham entitas anak dari kepentingan

nonpengendali (8.199 ) -

Payments for acquisitions of shares in a Subsidiary from non-controlling interest

Kas Neto yang Digunakan untuk

Aktivitas Investasi (3.454.266 ) (4.138.194 )

Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS

PENDANAAN FINANCING ACTIVITIES CASH FLOWS FROM

Penerimaan dari utang bank jangka

pendek 9.971.821 2.255.355 Proceeds from short-term bank loans

Penerimaan dari utang bank jangka

panjang 1.818.257 959.024

Proceeds from long-term bank loans

Penerimaan pinjaman jangka panjang

dari pihak berelasi 161.170 129.000

Proceeds of long-term borrowings from related parties

Kontribusi modal dari kepentingan

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Catatan/ Notes

Periode Enam Bulan yang Berakhir pada Tanggal/Six-month Period Ended 30 Juni 2016/

June 30, 2016

30 Juni 2015/ June 30, 2015

ARUS KAS DARI AKTIVITAS

PENDANAAN (lanjutan)

CASH FLOWS FROM FINANCING ACTIVITIES

(continued)

Pembayaran utang bank

jangka pendek (7.931.048 ) (1.506.769 )

Payments of short-term bank loans

Pembayaran dividen kas 25 (1.475.112 ) (1.931.694 ) Payments of cash dividends

Pembayaran utang bank jangka

panjang 21 (1.448.000 ) (667.863 ) Payments of long-term bank loans

Pembayaran dividen kas oleh Entitas Anak kepada kepentingan

nonpengendali (485.757 ) (573.164 )

Payments of cash dividends by Subsidiaries to non-controlling interests

Pembayaran utang pembelian aset

tetap (2.002 ) (1.868 )

Payment of liability for purchase of fixed assets

Pembelian saham treasuri oleh

Entitas Anak - (151.903 )

Purchase of treasury stock by a Subsidiary

Kas Neto yang Diperoleh dari (Digunakan untuk) Aktivitas

Pendanaan 639.438 (1.269.514 )

Net Cash Provided By (Used in) Financing Activities

DAMPAK NETO PERUBAHAN NILAI TUKAR ATAS KAS DAN

SETARA KAS (203.290 ) 338.850

NET EFFECTS OF CHANGES IN EXCHANGE RATES ON CASH

AND CASH EQUIVALENTS

PENURUNAN NETO KAS DAN

SETARA KAS (1.383.499 ) (1.773.259 )

NET DECREASE IN CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS PADA

AWAL PERIODE 4 12.962.041 14.040.435

CASH AND CASH EQUIVALENTS AT BEGINNING

OF PERIOD

KAS DAN SETARA KAS PADA

AKHIR PERIODE 4 11.578.542 12.267.176

CASH AND CASH EQUIVALENTS AT END OF

PERIOD

Kas dan setara kas terdiri dari:

Cash and cash equivalents consist of:

Kas dan setara kas dari operasi

dilanjutkan 4 11.580.872 12.403.682 Cash and cash equivalents from continuing operation

Cerukan (2.330 ) (136.506 ) Overdraft

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1. UMUM 1. GENERAL

a. Pendirian Perusahaan a. Establishment of the Company

PT Indofood Sukses Makmur Tbk (Perusahaan) didirikan di Republik Indonesia pada tanggal 14 Agustus 1990 dengan nama PT Panganjaya Intikusuma, berdasarkan Akta Notaris Benny Kristianto, S.H., No. 228. Akta pendirian ini disahkan oleh Menteri Kehakiman Republik Indonesia dalam Surat Keputusan No. C2 2915.HT.01.01.Th’91 tanggal 12 Juli 1991, dan diumumkan dalam Berita Negara Republik Indonesia No. 12 Tambahan No. 611 tanggal 11 Februari 1992. Anggaran Dasar Perusahaan telah mengalami beberapa kali perubahan.

Perubahan terakhir Anggaran Dasar

Perusahaan sehubungan dengan persetujuan pemegang saham atas perubahan Anggaran Dasar Perusahaan untuk disesuaikan dengan Peraturan Otoritas Jasa Keuangan (“OJK”) yang dimuat dalam Akta Notaris Kumala Tjahjani Widodo, S.H. M.H. Mkn No. 22 dibuat di hadapan notaris, tanggal 8 Mei 2015 dan telah disetujui oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Surat Keputusan No. AHU - 0936677.AH.01.02. Tahun 2015 tanggal 5 Juni 2015 serta telah diumumkan dalam Berita Negara Republik Indonesia No. 89 Tambahan No. 44146 tanggal 6 November 2015.

PT Indofood Sukses Makmur Tbk (the Company) was established in the Republic of Indonesia on August 14, 1990 under its original name PT Panganjaya Intikusuma, based on Notarial Deed No. 228 of Benny Kristianto, S.H. The deed of establishment was approved by the Ministry of Justice of the Republic of Indonesia in its Decision Letter No. C2 2915.HT.01.01.Th’91 dated July 12, 1991, and was published in the Supplement No. 611 of State Gazette No. 12 dated February 11, 1992. The Company’s Articles of Association has been amended several times. The latest amendment of the Company’s Articles of Association were in connection with the shareholders’ approval for the amendments of the Company’s Articles of Association to comply with the Regulation of Financial Services Authority (“Otoritas Jasa Keuangan” or “OJK”) as stipulated in the Notarial Deed No. 22 of Kumala Tjahjani Widodo, S.H. M.H. Mkn,dated May 8, 2015, which was approved by the Minister of Laws and Human Rights of the Republic of Indonesia in Decision Letter No. AHU - 0936677.AH.01.02. Year 2015 dated June 5, 2015. and was published in the Supplement No. 44146 of State Gazette No. 89 dated November 6, 2015.

Seperti yang tercantum pada Pasal 3 Anggaran Dasar Perusahaan, ruang lingkup kegiatan Perusahaan terdiri dari, antara lain mendirikan dan menjalankan industri makanan olahan, bumbu penyedap, minuman ringan, kemasan, minyak goreng, penggilingan biji gandum, pembuatan tekstil karung terigu, perdagangan, pengangkutan, agrobisnis dan jasa.

As stated in Article 3 of the Company’s Articles of Association, the scope of its activities comprises, among others, establishing and operating processed food, seasoning, beverages, packaging, cooking oil, wheat grain mills, flour sacks textile manufacturing, trading, transportation, agribusiness, and services.

Kantor pusat Perusahaan berlokasi di Sudirman Plaza, Indofood Tower, Lantai 27, Jl. Jend. Sudirman Kav. 76 - 78, Jakarta, Indonesia, sedangkan pabrik dan perkebunan Perusahaan dan Entitas Anak berlokasi di berbagai tempat di pulau Jawa, Sumatera, Kalimantan, Sulawesi dan Malaysia. Perusahaan mulai beroperasi secara komersial pada tahun 1990.

The Company’s head office is located at Sudirman Plaza, Indofood Tower, 27th Floor, Jl. Jend. Sudirman Kav. 76 - 78, Jakarta, Indonesia, while the Company and its Subsidiaries’ factories and estates are situated in various locations in Java, Sumatera, Kalimantan, Sulawesi islands and Malaysia. The Company started its commercial operations in 1990.

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1. UMUM (lanjutan) 1. GENERAL (continued)

b. Penyelesaian Laporan Keuangan

Konsolidasian Interim

b. Completion of the Interim Consolidated Financial Statements

Laporan keuangan konsolidasian interim telah diselesaikan dan disetujui untuk diterbitkan oleh

Direksi Perusahaan pada tanggal

15 Agustus 2016.

The interim consolidated financial statements were completed and authorized for issue by the Company’s Board of Directors on August 15, 2016.

c. Entitas Induk dan Entitas Induk Terakhir c. Parent Entity and Ultimate Parent Entity

CAB Holdings Limited, Seychelles, dan First Pacific Company Limited (“FP”), Hong Kong, masing-masing adalah entitas induk dan entitas induk terakhir Perusahaan.

CAB Holdings Limited, Seychelles, and First Pacific Company Limited (“FP”), Hong Kong, are the parent entity and ultimate parent entity of the Company, respectively.

d. Penawaran Umum Efek Perusahaan dan Aksi Korporasi Perusahaan Lainnya

d. Public Offering of the Company’s Shares and Other Corporate Actions

Aksi korporasi Perusahaan (corporate actions) yang mempengaruhi saham yang diterbitkan sejak tanggal penawaran umum perdana sampai dengan tanggal 30 Juni 2016 adalah sebagai berikut:

A summary of the Company’s corporate actions affecting its capital stock from the date of its initial public offering up to June 30, 2016 are as follows:

Jumlah

saham ditempatkan Nilai nominal

dan disetor penuh/ per saham

Number of shares (angka penuh)/

Tanggal/ Keterangan/ issued and Par value per Date Description fully paid share (full amount)

17 Mei 1994/ Penawaran umum perdana sebesar 21.000.000 May 17, 1994 saham/

Initial public offering of 21,000,000 shares 763.000.000 1.000

25 Juni 1996/ Pemecahan nilai nominal saham dari Rp1.000 June 25, 1996 (angka penuh) per saham menjadi Rp500

(angka penuh) per saham/

Par value split of the Company’s shares from Rp1,000

(full amount) per share to Rp500 (full amount)

per share 1.526.000.000 500

6 Juni 1997/ Penawaran umum terbatas I sebesar 305.200.000 June 6, 1997 saham baru/

Rights issue I totaling 305,200,000 new shares 1.831.200.000 500

20 Juli 2000/ Pemecahan nilai nominal saham dari Rp500 July 20, 2000 (angka penuh) per saham menjadi Rp100

(angka penuh) per saham/

Par value split of the Company’s shares from Rp500

(full amount) per share to Rp100 (full amount)

per share 9.156.000.000 100

Selama 2001/ Pembelian kembali saham treasuri During 2001 sejumlah 125.368.500 saham/

Purchase of treasury stock totaling 125,368,500

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1. UMUM (lanjutan) 1. GENERAL (continued)

d. Penawaran Umum Efek Perusahaan dan Aksi Korporasi Perusahaan Lainnya (lanjutan)

d. Public Offering of the Company’s Shares and Other Corporate Actions (continued)

Jumlah

saham ditempatkan Nilai nominal

dan disetor penuh/ per saham

Number of shares (angka penuh)/

Tanggal/ Keterangan/ issued and Par value per Date Description fully paid share (full amount)

Selama 2002/ Penerbitan 228.900.000 saham baru sehubungan During 2002 dengan program pemilikan saham karyawan

Perusahaan(ESOP) I/

Issuance of 228,900,000 new shares for Employee

Stock Ownership Program (ESOP) I 9.384.900.000 100

Pembelian kembali saham treasuri

sebanyak 790.231.500 saham/

Purchase of treasury stock totaling 790,231,500

shares 9.384.900.000 100

2003 Penerbitan 58.369.500 saham baru sehubungan

dengan ESOP II/

Issuance of 58,369,500 new shares for ESOP II 9.443.269.500 100

2004 Penerbitan 919.500 saham baru sehubungan

dengan ESOP III/

Issuance of 919,500 new shares for ESOP III 9.444.189.000 100

27 Juni 2008/ Penarikan kembali atas 663.762.500 saham treasuri June 27, 2008 dan penjualan sisanya sebesar 251.837.500 saham/ Redemption of 663,762,500 shares of treasury

stock and sale of remaining 251,837,500

shares 8.780.426.500 100

Pada bulan Juli 2000, Perusahaan menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan jumlah nilai nominal seluruhnya sebesar Rp1.000.000. Obligasi ini telah dilunasi seluruhnya pada saat jatuh tempo bulan Juli 2005.

In July 2000, the Company offered to the public non-convertible, fixed rate bonds with a total face value of Rp1,000,000. These bonds had been fully settled when they were due in July 2005.

Pada bulan Juni 2003, Perusahaan kembali menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp1.500.000. Obligasi ini telah dilunasi seluruhnya pada saat jatuh tempo bulan Juni 2008.

In June 2003, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp1,500,000. These bonds had been fully settled when they were due in June 2008.

Pada bulan Juli 2004, Perusahaan kembali menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp1.000.000. Obligasi ini telah dilunasi seluruhnya pada saat jatuh tempo bulan Juli 2009.

In July 2004, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp1,000,000. These bonds had been fully settled when they were due in July 2009.

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1. UMUM (lanjutan) 1. GENERAL (continued)

d. Penawaran Umum Efek Perusahaan dan Aksi Korporasi Perusahaan Lainnya (lanjutan)

d. Public Offering of the Company’s Shares and Other Corporate Actions (continued) Pada bulan Mei 2007, Perusahaan kembali

menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp2.000.000. Obligasi ini telah dilunasi seluruhnya pada saat jatuh tempo bulan Mei 2012.

In May 2007, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp2,000,000. These bonds had been fully settled when they were due in May 2012.

Pada bulan Juni 2009, Perusahaan kembali menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp1.610.000. Obligasi ini telah dilunasi seluruhnya pada saat jatuh tempo bulan Juni 2014.

In June 2009, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp1,610,000. These bonds had been fully settled when they were due in June 2014.

Pada bulan Mei 2012, Perusahaan kembali menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp2.000.000 (Catatan 21).

In May 2012, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp2,000,000 (Note 21).

Pada bulan Juni 2014, Perusahaan kembali menawarkan kepada masyarakat obligasi tanpa hak konversi dengan tingkat bunga tetap, dengan nilai nominal seluruhnya sebesar Rp2.000.000 (Catatan 21).

In June 2014, the Company made another public offering of non-convertible, fixed rate bonds with a total face value of Rp2,000,000 (Note 21).

Pada tanggal-tanggal pelaporan, seluruh saham dan obligasi Perusahaan tercatat di Bursa Efek Indonesia (“BEI”).

As at reporting dates, all of the Company’s shares and bonds are listed in the Indonesia Stock Exchange (“IDX”).

e. Entitas Anak e. Subsidiaries

Perusahaan mempunyai kepemilikan saham secara langsung maupun tidak langsung pada Entitas Anak berikut (bersama dengan Perusahaan selanjutnya disebut “Kelompok Usaha”):

The Company has direct and indirect share ownerships in the following Subsidiaries (together with the Company hereinafter referred to as the “Group”):

Nama Perusahaan/

Company Name

Domisili/

Domicile

Tahun Beroperasi

Secara Komersial/

Start of Commercial

Operation

Jenis Usaha/

Nature of Business

Persentase Kepemilikan Efektif (%)/

Effective Percentage of Ownership (%)

Total Aset Sebelum Eliminasi/

Total Assets Before Elimination

(Dalam Miliar Rupiah/

In Billions Of Rupiah)

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

Entitas Anak Langsung/

Direct Subsidiaries

PT Prima Intipangan Sejati (PIPS) Jakarta 1994 Jasa investasi dan manajemen/

Investment and management services 100,0 100,0 26 26

PT Bogasari Sentra Flour Mills (BSFM) Jakarta - Penggilingan tepung/Flour milling 100,0 100,0 16 16

PT Bogasari Flour Mills (BFM) Jakarta - Penggilingan tepung/Flour milling 100,0 100,0 - -

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1. UMUM (lanjutan) 1. GENERAL (continued)

e. Entitas Anak (lanjutan) e. Subsidiaries (continued)

Nama Perusahaan/ Company Name Domisili/ Domicile Tahun Beroperasi Secara Komersial/ Start of Commercial Operation Jenis Usaha/

Nature of Business

Persentase Kepemilikan Efektif (%)/

Effective Percentage of Ownership (%)

Total Aset Sebelum Eliminasi/

Total Assets Before Elimination

(Dalam Miliar Rupiah/

In Billions Of Rupiah)

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

Entitas Anak Langsung (lanjutan)/

Direct Subsidiaries (continued)

Witty East Holdings Limited (WEHL) Kepulauan

Virgin Britania

Raya/British

Virgin Islands

- Investasi/Investment 100,0 100,0 - -

PT Saripangan Mandiri Sejahtera

(SMS) Jakarta - Penggilingan tepung/Flour milling 100,0 100,0 1 1

PT Bina Makna Indopratama (BMI) Jakarta - Investasi/Investment 100,0 100,0 45 34

PT Indomarco Adi Prima (IAP)7 _Jakarta ₁₉₅₁ _Distribusi/_Distribution _100,0 _100,0 _5.095 _3.773

PT Argha Giri Perkasa (AGP) Ternate 1987 Produksi kopra dan pengolahan minyak

kelapa/Copra extraction and processing of

coconut oil

80,0 80,0 8 8

PT Putri Daya Usahatama (PDU) Bandung 1988 Distribusi/Distribution 65,0 65,0 570 413

PT Arthanugraha Mandiri (ANM) Jakarta 1991 Produksi kopi/Manufacture of coffee 100,0 100,0 4 4

Pacsari Pte. Ltd. (PPL) Singapura/

Singapore

1998 Pelayaran/Shipping 100,0 100,0 1.361 1.899

PT Pelayaran Tahta Bahtera (PTB)6 _Jakarta ₁₉₉₅ _Pelayaran/_Shipping _90,9 _90,9 ₆₃ ₅₄

Indofood Singapore Holdings Pte.

Ltd. (ISHPL) Singapura/ Singapore

2006 Investasi/Investment 83,8 83,8 386 339

Ocean 21 Pte. Ltd. (Ocean 21) Singapura/

Singapore 2006 Investasi/

Investment 100,0 100,0 1.911 3.502

PT Mandiri Pangan Makmur Jakarta - Industri dan perdagangan/Industry and trading 100,0 100,0 -*) -*)

PT Indofood CBP Sukses Makmur

Tbk (ICBP) Jakarta 2009 Produksi mi, produk makanan kuliner, biskuit, bumbu penyedap, nutrisi dan makanan

khusus/Manufacture noodles, food ingredients,

culinary food products, biscuits, nutrition and special foods

80,5 80,5 27.903 26.561

China Minzhong Food Corporation

Limited (CMFC) Singapura/ Singapore 2004 Industri pengolahan sayuran/

Integrated

vegetable processor 82,9 82,9 15.673 14.375

Entitas Anak Tidak Langsung/

Indirect Subsidiaries

PT Indofood Fritolay Makmur (IFL)31 _Jakarta ₁₉₉₀ _{Produksi makanan ringan/}_{Manufacture of snack} _41,1 _41,1 _1.043 ₉₇₈

Indofood (M) Food Industries Sdn.

Bhd. (IFI)32 Malaysia 2007 Produksi mie/Manufacture of noodles 80,5 80,5 72 47

Drayton Pte. Ltd. (Drayton)32 _Singapura/

Singapore 2008 Investasi dan agen perdagangan ekspor/ Investment and trade export agency 80,5 80,5 4.450 4.082

Bogasari International Pte. Ltd. (BI)3 _Singapura/

Singapore

2001 Pengolahan dan perdagangan tepung/

Flour blending and trading

100,0 100,0 12 12

PT Salim Ivomas Pratama Tbk (SIMP)37 _Jakarta ₁₉₉₄ _{Perkebunan kelapa sawit, pengolahan dan}

produksi minyak goreng dan produk sejenis

lainnya/Palm oil plantations, mills and

production of cooking oil and other related products

53,1 53,0 32.572 31.697

PT Manggala Batama Perdana (MBP)35 _Jakarta _- _{Tidak aktif/}_{Non-operating} _53,1 _53,0 _-*) _-*)

PT Kebun Mandiri Sejahtera (KMS)9 _Kalimantan

Timur/East

Kalimantan

1997 Perkebunan karet dan perkebunan dan pabrik

kelapa sawit/Rubber plantation and palm oil

plantations and mills

49,6 49,5 741 717

Asian Synergies Limited (ASL)5 _Kepulauan

Virgin Britania

Raya/British

Virgin Islands

2004 Investasi/Investment 53,1 53,0 24 24

Silveron Investments Limited (SIL)2 _Mauritius ₂₀₀₄ _Investasi/_Investment _53,1 _53,0 ₅₅ ₅₅

PT Kebun Ganda Prima (KGP)2 _Kalimantan

Barat/West

Kalimantan

2002 Perkebunan kelapa sawit/Palm oil plantations 53,1 53,0 519 466

PT Citranusa Intisawit (CNIS)2 _Kalimantan

Barat/West

Kalimantan

2005 Perkebunan dan pabrik kelapa sawit/Palm oil

plantations and mills

53,1 53,0 804 814

PT Indoagri Inti Plantation (IIP)8 _Jakarta ₁₉₉₀ _{Investasi dan jasa manajemen dan}

pengangkutan/Investment and management

and transportation services

52,5 52,4 178 176

PT Gunung Mas Raya (GMR)1 _Riau ₁₉₉₂ _{Perkebunan dan pabrik kelapa sawit/}_{Palm oil}

plantations and mills

52,1 51,9 575 493

PT Indriplant (IP)1 _Riau ₁₉₈₉ _{Perkebunan dan pabrik kelapa sawit/}_{Palm oil}

plantations and mills

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1. UMUM (lanjutan) 1. GENERAL (continued)

e. Entitas Anak (lanjutan) e. Subsidiaries (continued)

Nama Perusahaan/ Company Name Domisili/ Domicile Tahun Beroperasi Secara Komersial/ Start of Commercial Operation Jenis Usaha/

Nature of Business

Persentase Kepemilikan Efektif (%)/

Effective Percentage of Ownership (%)

Total Aset Sebelum Eliminasi/

Total Assets Before Elimination

(Dalam Miliar Rupiah/

In Billions Of Rupiah)

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

Entitas Anak Tidak Langsung (lanjutan)/

Indirect Subsidiaries (continued)

PT Cibaliung Tunggal Plantations

(CTP)1 Riau 1989 Perkebunan kelapa sawit/Palm oil plantations 52,1 51,9 174 128

PT Serikat Putra (SP)1 _Riau ₁₉₉₂ _{Perkebunan dan pabrik kelapa sawit/}_{Palm oil}

plantations and mills

52,1 51,9 1.023 941

PT Surya Rengo Containers (SRC)4 _Jakarta ₁₉₉₃ _{Produksi bahan kemasan/}_{Manufacture of}

packaging materials 48,3 48,3 798 715

PT Sarana Inti Pratama (SAIN)44 _Riau ₁₉₉₁ _{Pemuliaan benih kelapa sawit, investasi dan}

jasa riset manajemen dan teknik/Palm oil

seed breeding, investment and research management and technical services

53,1 53,0 206 199

PT Riau Agrotama Plantation (RAP)2 _Kalimantan

Barat/West

Kalimantan

2006 Perkebunan dan pabrik kelapa sawit/Palm oil

plantations and mills

53,1 53,0 1.084 1.067

PT Citra Kalbar Sarana(CKS)10 _Kalimantan

Barat/West

Kalimantan

2008 Perkebunan kelapa sawit/Palm oil plantations 53,1 53,0 337 318

PT Jake Sarana (JS)11 _Kalimantan

Barat/West

Kalimantan

2011 Perkebunan kelapa sawit/Palm oil plantations 53,1 53,0 172 163

PT Swadaya Bhakti Negaramas (SBN)48_Sumatera

Selatan/South

Sumatera

2012 Perkebunan kelapa sawit/Palm oil plantations 31,9 31,8 902 838

PT Agro Subur Permai (ASP)13 _Kalimantan

Tengah/

Central Kalimantan

- Perkebunan kelapa sawit/Palm oil plantations 31,9 31,8 35 35

PT Mentari Subur Abadi (MSA)14 _Sumatera

Selatan/South

Sumatera

2010 Investasi dan perkebunan dan pabrik kelapa

sawit/Investment and palm oil plantations

and mills

31,9 31,8 1.805 1.737

PT Gunta Samba (GS)15 _Kalimantan

Timur/East

Kalimantan

2009 Perkebunan dan pabrik kelapa sawit/Palm oil

plantations and mills

31,9 31,8 960 921

PT Multi Pacific International (MPI)16 _Kalimantan

Timur/East

Kalimantan

2010 Perkebunan dan pabrik kelapa sawit/Palm oil

plantations and mills

31,9 31,8 1.191 1.194

PT Mega Citra Perdana (MCP)12 _Jakarta ₂₀₀₅ _Investasi/_Investment _31,9 _31,8 ₂₁₉ ₂₁₃

PT Mitra Inti Sejati Plantation (MISP)2 _Kalimantan

Barat/West

Kalimantan

1995 Perkebunan dan pabrik kelapa sawit/Palm oil

plantations and mills 53,1 53,0 468 464

Indofood Agri Resources, Ltd. (IFAR)20_Singapura/

Singapore

2007 Investasi/Investment 62,8 62,8 12.122 12.171

PT Samudra Sukses Makmur (SSM)17 _Jakarta ₂₀₀₆ _Pelayaran/_Shipping _100,0 _100,0 ₈₀ ₉₃

Fame Sea Enterprise Inc. (FSEI)18 _Kepulauan

Virgin Britania

Raya/British

Virgin Islands

2006 Pelayaran/Shipping 100,0 100,0 251 1.603

PT Perusahaan Perkebunan London

Sumatra Indonesia Tbk (LSIP)22 Jakarta 1962 Pemuliaan benih kelapa sawit,_{memelihara perkebunan kelapa sawit, karet,}mengelola dan

kakao, kelapa dan teh, serta memproses

dalam pabrik,memasarkan dan menjual

hasil-hasil perkebunan tersebut/Palm oil

seed breeding, cultivation of palm oil, rubber, cocoa, coconut and tea plantations, and processing in mills, marketing and selling of the related agricultural produce

31,7 31,6 8.418 8.577

PT Multi Agro Kencana Prima (MAKP)26_Sumatera

Selatan/South

Sumatera

2002 Perkebunan, pengolahan dan

perdagangan/Plantation, processing and

trading

31,7 31,6 9 10

Lonsum Singapore Pte. Ltd. (LSP)36 _Singapura/

Singapore

2004 Perdagangan dan pemasaran/Trading and

marketing

31,7 31,6 1 1

Sumatra Bioscience Pte. Ltd. (SB)28 _Singapura/

Singapore - Perdagangan, pemasaran dan penelitian/ Trading, marketing and research 31,7 31,6 -*) -*)

PT Lajuperdana Indah (LPI)19 _Jakarta ₂₀₀₉ _{Perkebunan tebu dan pabrik gula}

terpadu/Integrated sugar cane plantations

and refinery

31,9 32,6 3.101 3.034

PT Pinnacle Permata Makmur (PPM)23_Jakarta ₂₀₀₈ _{Jasa konsultasi manajemen/}_Management

consulting services 76,5 76,5 13 10

PT Sukses Artha Jaya (SAJ)24 _Jakarta _- _{Jasa konsultasi manajemen/}_Management

consulting services

80,2 80,2 1.657 1.322

PT Indolakto (IDLK)25 _{Jawa Barat/}

West Java

1997 Produksi dan distribusi produk yang

berhubungan dengan susu dan kawasan

industri/Production and distribution of dairy

products and industrial estate

55,2 55,2 4.058 3.630

PT Cakra Alam Makmur (CAM)2 _Riau ₂₀₁₁ _{Stasiun bongkar muat/}_{Bulking station} _53,1 _53,0 ₃₁ ₃₂

PT Hijaupertiwi Indah Plantations (HPIP)2_Kalimantan

Tengah/ Central Kalimantan

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1. UMUM (lanjutan) 1. GENERAL (continued)

e. Entitas Anak (lanjutan) e. Subsidiaries (continued)

Nama Perusahaan/ Company Name Domisili/ Domicile Tahun Beroperasi Secara Komersial/ Start of Commercial Operation Jenis Usaha/

Nature of Business

Persentase Kepemilikan Efektif (%)/

Effective Percentage of Ownership (%)

Total Aset Sebelum Eliminasi/

Total Assets Before Elimination

(Dalam Miliar Rupiah/

In Billions Of Rupiah)

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

30 Jun 2016/

Jun 30, 2016

31 Des 2015/

Dec 31, 2015

Entitas Anak Tidak Langsung (lanjutan)/

Indirect Subsidiaries (continued)

PT Cangkul Bumisubur (CBS)2 _Sumatera

Selatan/South

Sumatera

2014 Perkebunan kelapa sawit/Palm oil plantations 53,1 53,0 425 394

PT Pelangi Intipertiwi (PIP)27 _Sumatera

Selatan/South

Sumatera

2015 Perkebunan kelapa sawit/Palm oil plantations 53,1 53,0 422 391

PT Tani Musi Persada (TMPS)29 _Sumatera

Selatan/South

Sumatera

2013 Perkebunan kelapa sawit/Palm oil plantations 31,7 31,6 63 63

PT Sumatra Agri Sejahtera (SAS)26 _Sumatera

Selatan/South

Sumatera

2015 Perkebunan kelapa sawit/Palm oil plantations 31,7 31,6 30 30

PT Tani Andalas Sejahtera (TAS)34 _Sumatera

Selatan/South

Sumatera

- Perkebunan kelapa sawit/Palm oil plantations 28,6 28,5 14 14

PT Samudera Sejahtera Pratama

(SSP)2 Jakarta 2010 Jasa transportasi/Transportation services 53,1 53,0 214 219

Ocean Phoenix Pte. Ltd. (Ocean

Phoenix)18 Singapura/ _Singapore 2009 Pelayaran/Shipping 100,0 100,0 146 148

PT Intimegah Bestari Pertiwi (IBP)30 _Sumatera

Selatan/South

Sumatera

- Perkebunan kelapa sawit/Palm oil plantations 52,1 51,9 556 523

IndoInternational Green Energy

Resources Pte. Ltd. (IGER)33 Singapura/ _Singapore 2010 Investasi/Investment 31,9 31,8 1.096 1.096

PT Kencana Subur Sejahtera (KSS)30 _Jakarta ₂₀₁₅ _{Industri pupuk buatan campuran hara makro}

primer/Artificial primary macronutrients mix

fertilizer industry

52,1 51,9 103 105

PT Pratama Citra Gemilang (PCG)30 _Jakarta ₂₀₁₃ _{Industri rumah prefabrikasi/}_House

prefabrication industry

52,1 51,9 2 2

Ocean Amazing Pte. Ltd. (Ocean

Amazing)18 Singapura/ _Singapore 2011 Pelayaran/Shipping 100,0 100,0 155 158

Agri Investments Pte. Ltd. (AIPL)49 _Singapura/

Singapore

2012 Investasi/Investment 31,7 31,6 99 134

Ocean Hiryu Pte. Ltd. (Ocean Hiryu)18 _Singapura/

Singapore

2012 Pelayaran/Shipping 100,0 100,0 198 199

Glory Sky Enterprise Pte. Ltd. (Glory

Sky)60 Singapura/ _Singapore - Pelayaran/Shipping 88,3 100,0 613 641

PT Indofood Asahi Sukses Beverage

(IASB)31 Jakarta 2013 Pemasaran dan penjualan minuman non _alkohol/_{Marketing and selling of}

non-alcoholic beverages

41,1 41,1 896 894

PT Mentari Pertiwi Makmur (MPM)38 _Kalimantan

Timur/East

Kalimantan

2013 Investasi/Investment 42,3 42,2 332 332

Ocean Ace Shipping Pte. Ltd. (Ocean

Ace)18 Singapura/ _Singapore 2013 Pelayaran/Shipping 100,0 100,0 194 194

IFAR Brazil Pte. Ltd. (IFAR Brazil)39 _Singapura/

Singapore 2013 Investasi/

Investment 62,8 62,8 1.071 1.121

IndoAgri Brazil Participações Ltda.

(IndoAgri Brazil)41 Brazil 2013 Investasi/Investment 62,8 62,8 576 610

PT Sumalindo Alam Lestari (SAL)40 _Kalimantan

Timur/East

Kalimantan

2011 Pengelolaan hutan tanaman industri/

Management of industrial timber plantations

42,3 42,2 364 342

PT Wana Kaltim Lestari (WKL)42 _Kalimantan

Timur/East

Kalimantan

2011 Pengelolaan hutan tanaman

industri/Management of industrial timber

plantations

42,3 42,2 4 4

PT Indofood Tsukishima Sukses Makmur

(ITSM)43 Jakarta - Industri makanan, pengolahan minyak dan _{lemak nabati untuk industri roti,}

confectionary dan restoran/Industry of foods, processing of oil and fats forbread industry, confectionary and restaurant

52,3 52,3 107 93

PT Buana Distrindo (BD)54 _Jakarta ₁₉₉₆ _{Perdagangan umum dan transportasi/}_General

trading and transportation

41,1 41,1 45 37

Sari Indah Pte. Ltd (SIPL)45 _Singapura/

Singapore

2013 Pelayaran/Shipping 100,0 100,0 474 488

PT Tirta Makmur Perkasa (TMP)55 _Jakarta ₂₀₁₄ _{Pemasaran dan distribusi air minum dalam}

kemasan/Marketing and distribution of

packaged drinking water

32,9 32,9 1.456 1.412

PT Indofood Mitra Bahari Makmur

(IMBM)52 Jakarta - Perikanan serta industri pengolahan makanan _{dan hasil perikanan di Indonesia/}_Fisheries

business and food and fisheries processing in Indonesia

80,5 80,5 - -

PT Indofood Comsa Sukses Makmur

(ICSM)31 Jakarta 2014 Pengelolaan restaurant chain/_management Chain restaurant 41,1 41,1 22 20

Fujian Minzhong Organic Food Co., Ltd.46_{Republik Rakyat}

Cina (RRC)/

People’s Republic of China (PRC)

1998 Produksi dan penjualan hasil olahan sayuran,

buah-buahan dan minuman sayuran/

Production and sales of processed vegetables, fruits and vegetables beverages

82,9 82,9 11.947 12.177

Sichuan Minzhong Organic Food Co.,

Ltd.46 RRC/PRC 2007 Budidaya, pengolahan dan penjualan _jamur/_{Cultivation, processing and sales of}

mushroom

82,9 82,9 864 612

(1)

a. Laba segmen (lanjutan)

a. Segment income (continued)

Periode Enam Bulan yang Berakhir Pada Tanggal 30 Juni 2015/

Six-month Period Ended June 30, 2015

Produk Konsumen Bermerek/Consumer

Branded Product Bogasari*)

Agribisnis/ Agribusiness

Distribusi/ Distribution

Budidaya dan Pengolahan Sayuran**)/ Cultivation and

Processed Vegetables**)

Eliminasi/

Elimination Total

PENJUALAN NETO NET SALES

Penjualan kepada pelanggan eksternal 16.234.635 7.895.835 5.871.335 2.632.900 - - 32.634.705 Sales to external customers

Penjualan antar segmen 58.443 1.741.906 905.812 - - (2.706.161 ) - Inter-segment sales

Total Penjualan Neto 16.293.078 9.637.741 6.777.147 2.632.900 - (2.706.161 ) 32.634.705 Total Net Sales

Laba usaha segmen sebelum alokasi biaya 2.134.054 800.896 740.192 118.176 - 198 3.793.516 Segment income from operations before expense allocation

Alokasi biaya kantor pusat - (44.167 ) (89.008 ) (30.787 ) - - (163.962) Head office expense allocations

Laba usaha segmen 2.134.054 756.729 651.184 87.389 - 198 3.629.554 Segment income from operations

Beban operasi lain yang tidak

dialokasikan 221.196 Unallocated other operating expense

LABA USAHA 3.850.750 INCOME FROM OPERATIONS

Penghasilan keuangan 374.763 Finance income

Beban keuangan (1.482.070 ) Finance expenses

Bagian atas rugi neto entitas asosiasi (174.404 ) Share in net losses of associates

Laba sebelum beban pajak penghasilan 2.569.039 Incomebefore income tax expense

Beban pajak penghasilan (840.362 ) Income tax expense

LABA PERIODE BERJALAN DARI OPERASI

YANG DILANJUTKAN 1.728.677

INCOME FOR THE PERIOD FROM CONTINUING OPERATIONS

Laba periode berjalan dari operasi yang

dihentikan 392.212 Income for the period from a discontinued operation

LABA PERIODE BERJALAN 2.120.889 INCOME FOR THE PERIOD

Informasi Segmen Lainnya Other Segment Information

Pengeluaran modal dan uang muka untuk

pembelian aset 633.044 185.704 1.394.355 117.543 - - 2.330.646 Capital expenditures and advance for purchases of assets

Penyusutan dan amortisasi 339.382 232.898 544.999 77.213 - - 1.194.492 Depreciation and amortization

“*” Termasuk Kantor Pusat/Including Head Office

(2)

180 38. INFORMASI SEGMEN (lanjutan)

38. SEGMENT INFORMATION (continued)

b. Aset dan liabilitas segmen

b. Segment assets and liabilities

30 Juni 2016/June 30, 2016

ASET DAN LIABILITAS

Produk Konsumen Bermerek/ Consumer Branded

Products Bogasari*)

Agribisnis/ Agribusiness

Distribusi/ Distribution

Budidaya dan Pengolahan

Sayuran**)/ Cultivation

and Processed Vegetables**)

Eliminasi/

Elimination Total

ASSETS AND LIABILITIES Aset segmen 27.261.338 15.253.723 33.899.252 5.915.925 12.389.714 (4.771.489 ) 89.948.463 Segment assets

Investasi

jangka panjang 633.490 1.073.436 1.286.106 - - - 2.993.032 investments Long-term

Total Aset 27.894.828 16.327.159 35.185.358 5.915.925 12.389.714 (4.771.489 ) 92.941.495 Total Assets

Liabilitas Segmen 10.999.338 14.376.283 16.334.319 4.905.460 4.233.674 (1.584.153) 49.264.921

Segment Liabilities

31 Desember 2015/December 31, 2015

ASET DAN LIABILITAS

Produk Konsumen Bermerek/ Consumer Branded

Products Bogasari*)

Agribisnis/ Agribusiness

Distribusi/ Distribution

Budidaya dan Pengolahan

Sayuran/ Cultivation

and Processed Vegetables**)

Eliminasi/

Elimination Total

ASSETS AND LIABILITIES Aset segmen 25.964.840 16.862.027 33.124.523 4.213.767 14.375.084 (4.606.948 ) 89.933.293 Segment assets

Investasi

jangka panjang 595.069 860 1.302.304 - - - 1.898.233 investments Long-term

Total Aset 26.559.909 16.862.887 34.426.827 4.213.767 14.375.084 (4.606.948 ) 91.831.526 Total Assets

Liabilitas Segmen 10.172.997 13.247.958 15.462.178 3.248.274 6.046.887 531.639 48.709.933

Segment Liabilities “*” Termasuk Kantor Pusat/Including Head Office

(3)

38. INFORMASI SEGMEN (lanjutan)

38. SEGMENT INFORMATION (continued)

c. Segmen geografis

c. Geographic segment

Informasi mengenai penjualan berdasarkan

lokasi pelanggan adalah sebagai berikut:

Information concerning revenue by location of

customers is as follows:

30 Juni 2016/

Juni 30, 2016

30 Juni 2015/

June 30, 2015

Nama Negara Name of Countries

Indonesia 31.588.673 30.080.849 Indonesia

Arab Saudi 545.702 466.406 Saudi Arabia

Vietnam 274.994 269.612 Vietnam

Nigeria 194.287 236.072 Nigeria

Korea Selatan 160.698 111.908 South Korea

Singapura 153.539 246.496 Singapore

Thailand 126.145 73.786 Thailand

RRC 111.425 158.702 PRC

Filipina 101.263 112.281 The Philippines

Papua New Guinea 62.392 115.288 Papua New Guinea

Jepang 29.820 159.159 Japan

Lain-lain (masing-masing di bawah

Rp100.000) 735.145 604.146 Others (each below Rp100,000)

Total 34.084.083 32.634.705 Total

Informasi mengenai aset tidak lancar selain

instrumen keuangan dan aset pajak tangguhan

berdasarkan area geografis adalah sebagai

berikut:

Information concerning non-current assets

except for financial instruments and deferred

tax assets by geographic area is as follows:

30 Juni 2016/

Juni 30, 2016

31 Desember 2015/

December 31, 2015

Indonesia 42.696.916 41.703.203 Indonesia

Negara-negara asing 3.524.135 4.362.516 Foreign countries

Total 46.221.051 46.065.719 Total

(4)

182 39. ASET DAN LIABILITAS DALAM MATA UANG

ASING

39. ASSETS

AND

LIABILITIES

IN

FOREIGN

CURRENCIES

Pada tanggal 30 Juni 2016, Kelompok Usaha

memiliki aset dan liabilitas dalam mata uang asing.

Aset dan liabilitas dalam mata uang asing pada

tanggal tersebut disajikan dengan kurs yang berlaku

pada tanggal 30 Juni 2016 adalah sebagai berikut:

As of June 30, 2016, the Group has assets and

liabilities denominated in foreign currencies. The

following foreign currencies-denominated assets

and liabilities are presented using exchange rates

as of June 30, 2016 as follow as:

Mata Uang Asing (angka penuh)/

Foreign Currencies (full amounts)

30 Juni 2016 (Tanggal Pelaporan)/

June 30, 2016

(Reporting Date)

15 Agustus 2016 (Tanggal Penyelesaian Laporan Keuangan Konsolidasian

Interim)/

August 15, 2016 (Interim Consolidated Financial Statements Completion Date)

Aset Assets

Kas dan setara kas Cash and cash equivalents

Dalam Dolar AS US$ 237.547.687 3.130.879 3.116.863 In US Dollar

Dalam Dolar Singapura SGD 33.996.019 332.160 331.078 In Singapore Dollar

Dalam Ringgit Malaysia MYR 500.529 1.641 1.627 In Malaysian Ringgit

Dalam Euro EUR 475.545 6.967 6.960 In Euro

Dalam Real Brasil BRL 437.618 1.797 1.811 In Brazilian Real

Dalam Dolar Australia AUD 163.535 1.605 1.640 In Australian Dollar

Dalam Yen Jepang JPY 7.885.188 1.012 1.021 In Japanese Yen

Piutang usaha Accounts receivable - trade

Dalam Dolar AS US$ 53.859.366 709.866 706.689 In US Dollar

Dalam Ringgit Malaysia MYR 8.888.620 29.139 28.901 In Malaysian Ringgit

Dalam Dolar Singapura SGD 926 9 9 In Singapore Dollar

Piutang bukan usaha Accounts receivable - non-trade

Dalam Dolar AS US$ 15.925.358 209.896 208.957 In US Dollar

Total Aset dalam Mata Uang Asing

4.424.971 4.405.556

Total Assets in Foreign Currencies

Liabilitas Liabilities

Utang bank jangka pendek dan

cerukan Short-term bank loans and overdraft

Dalam Dolar AS US$ 295.098.530 3.889.399 3.871.988 in US Dollar

Utang trust receipts Trust receipts payable

Dalam Dolar AS US$ 52.278.625 689.032 685.948 In US Dollar

Utang usaha Trade payables

Dalam Dolar AS US$ 20.527.246 270.549 269.338 In US Dollar

Dalam Euro EUR 1.060.852 15.542 15.527 In Euro

Dalam Yen Jepang JPY 39.993.256 5.124 5.169 In Japanese Yen

Dalam Ringgit Malaysia MYR 3.826.717 12.545 12.442 In Malaysian Ringgit

Dalam Dolar Australia AUD 214.644 2.107 2.153 In Australian Dollar

Dalam Dolar Singapura SGD 372.635 3.641 3.629 In Singapore Dollar

Dalam Franc Swiss CHF 8.151 110 110 In Swiss Franc

Dalam Pound Sterling Inggris GBP 4.793 85 81 In Great Britain Pound Sterling

Utang lain-lain dan uang muka

yang diterima - Pihak ketiga

Other payables and deposit received - Third parties

Dalam Dolar AS US$ 16.994.005 223.981 222.978 In US Dollar

Dalam Ringgit Malaysia MYR 497.476 1.631 1.617 In Malaysian Ringgit

Dalam Dolar Singapura SGD 12.119 118 118 In Singapore Dollar

Dalam Euro EUR 88.851 1.302 1.300 In Euro

Dalam Yen Jepang JPY 22.392.978 2.873 2.898 In Japanese Yen

Utang Jangka Panjang Long-term debts

Dalam Dolar AS US$ 388.434.796 5.119.572 5.096.653 In US Dollar

Dalam Dolar Singapura SGD 380.000.000 3.712.816 3.700.721 In Singapore Dollar

Dalam Yen Jepang JPY 5.546.433.900 711.665 717.878 In Japanese Yen

Utang pembelian aset tetap

Liability for purchases of fixed assets

Dalam Dolar AS US$ 4.082.404 53.805 53.565 In US Dollar

Total Liabilitas dalam Mata

Uang Asing 14.715.897 14.664.113

Total Liabilities in Foreign Currencies

Liabilitas Neto dalam Mata Uang Asing

10.290.926 10.258.557

Net Liabilities in Foreign Currencies

(5)

40. STANDAR

AKUNTANSI

YANG

TELAH

DITERBITKAN

NAMUN

BELUM

BERLAKU

EFEKTIF

40. ACCOUNTING STANDARDS ISSUED BUT NOT

YET EFFECTIVE

Standar dan interprestasi akuntansi yang relah

diterbitkan namun belum berlaku efektif sampai

tanggal penerbitan laporan keuangan konsolidasian

Kelompok Usaha dan diperkirakan akan relevan

terhadap pelaporan keuangan Kelompok Usaha

sampai dengan 15 Agustus 2016 adalah sebagai

berikut:

The accounting standards and interpretations that

are issued, but not yet effective, up to the date of

issuance of the Group’s consolidated financial

statements are disclosed below. The Group intends

to adopt these standards that are considered

relevant to the Group until August 15, 2016 when

they become effective.

• Amandemen PSAK No. 1: Penyajian Laporan

Keuangan tentang Prakarsa Pengungkapan,

berlaku efektif 1 Januari 2017.

Amandemen

ini

mengklarifikasi,

bukan

mengubah secara signifikan, persyaratan

PSAK No. 1, antara lain, mengklarifikasi

mengenai materialitas, fleksibilitas urutan

sistematis penyajian catatan atas laporan

keuangan dan pengidentifikasian kebijakan

akuntansi signifikan.

• Amendments to PSAK No. 1: Presentation of

Financial Statements on Disclosures Initiative,

effective January 1, 2017.

This

amendment

clarify,

rather

than

significantly change, existing PSAK No. 1

requirements, among others, to clarify the

materiality, flexibility as to the order in which

they present the notes to financial statements

and identification of significant accounting

policies.

• Amandemen PSAK No. 69: Agrikultur dan

PSAK No. 16: Aset Tetap - Amandemen atas

Tanaman Produktif

(Bearer Plants)

, berlaku

efektif 1 Januari 2018.

Amandemen ini memperkenalkan akuntansi

atas aset biologis, termasuk yang memenuhi

kriteria sebagai tanaman produktif. Dalam

amandemen tersebut, aset biologis yang

memenuhi definisi sebagai tanaman produktif

tidak diatur oleh PSAK No. 69, namun oleh

PSAK No. 16.

Setelah pengakuan awal, tanaman produktif

diukur sesuai PSAK No. 16 pada akumulasi

biaya

sebelum

menghasilkan,

dan

menggunakan antara model biaya atau model

revaluasi setelah menghasilkan. Amandemen

tersebut juga mensyaratkan produk agrikultur

yang tumbuh pada tanaman produktif tetap

diatur oleh PSAK No. 69 dan diukur pada nilai

wajar dikurangi biaya untuk menjual pada titik

panen.

Amandemen tersebut diperkirakan akan

mempengaruhi pengukuran Kelompok Usaha

atas produk agrikultur, HTI dan benih, yang

tetap memenuhi syarat sebagai aset biologis

dan karenanya harus diukur pada nilai wajar

dikurangi biaya untuk menjual pada titik panen.

Namun amandemen tersebut tidak akan

mempengaruhi akuntansi bagi tanaman

perkebunan lainnya, termasuk tanaman kelapa

sawit, karet dan tebu, karena akuntansinya

• Amendments to PSAK No. 69: Agriculture and

PSAK No. 16: Fixed Assets - Bearer Plants,

effective January 1, 2018.

The amendments introduce the accounting

requirements for biological assets, including

those that meet the definition of bearer plants.

Under the amendments, biological assets that

meet the definition of bearer plants are not

within the scope of PSAK No. 69, but instead

within the scope of PSAK No. 16.

After initial recognition, bearer plants will be

measured under PSAK No. 16 at accumulated

cost before maturity, and using either the cost

model or revaluation model after maturity. The

amendments also require that produce that

grows on bearer plants will remain in the scope

of PSAK No. 69 measured at fair value less

costs to sell at the point of harvest.

These amendments are expected to have

impact to the Group’s measurement on its

agriculture produce, HTI and seeds, as they are

still considered as biological assets and

therefore shall be measured at fair value less

costs to sell at the point of harvest.

However the amendments will not have impact

to the accounting for all other plantations,

including oil palm, rubber and sugar cane

plantations, as the accounting is already in line

(6)