PT Indopoly Swakarsa Industry Tbk. dan Perusahaan Anak September 2016 FS
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
DAN ENTITAS ANAK
Laporan Keuangan Konsolidasian
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit) dan
Laporan Posisi Keuangan Konsolidasian
Per 1 Januari 2015/ 31 Desember 2014
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
AND SUBSIDIARIES
Consolidated Financial Statements
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited) and
Consolidated Statement of Financial Position
As of January 1, 2015/ December 31, 2014
and
d1/October 31, 2016
signed: ____
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
DAN ENTITAS ANAK
Daftar Isi
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
AND SUBSIDIARIES
Halaman/
Pages
Surat Pernyataan Direksi
Laporan Auditor Independen
Laporan Auditor Independen
Table of Contents
Directors’ Statement Letter
Independent Auditors’ Report
Independent Auditor’s Report
Consolidated Financial Statements
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
Laporan Keuangan Konsolidasian
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit) dan
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited) and
Laporan Posisi Keuangan Konsolidasian
Per 1 Januari 2015/ 31 Desember 2014
Consolidated Statement of Financial Position
As of January 1, 2015/ December 31, 2014
Laporan Posisi Keuangan Konsolidasian
1-2
Consolidated Statements of Financial Position
Laporan Laba Rugi dan
Penghasilan Komprehensif Lain Konsolidasian
3-4
Consolidated Statements of Profit or Loss and
Other Comprehensive Income
5
Consolidated Statements of Changes in Equity
Laporan Perubahan Ekuitas Konsolidasian
Laporan Arus Kas Konsolidasian
6-7
Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
8-79
Notes to Consolidated Financial Statements
d1/October 31, 2016
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
Per 30 September 2016 dan 31 Desember 2015 dan
1 Januari 2015/ 31 Desember 2014
(Dalam USD Penuh, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION
As of September 30, 2016 and December 31, 2015 and
January 1, 2015/ December 31, 2014
(In Full USD, unless otherwise stated)
1 Jan. 2015/ 31
Des. 2014/
ASET
ASET LANCAR
Kas dan Bank
Piutang Usaha
Pihak Berelasi
Pihak Ketiga
Piutang Lain-lain
Pihak Berelasi
Pihak Ketiga
Persediaan
Pajak Dibayar di Muka
Biaya Dibayar di Muka
Aset Lancar Lainnya
Total Aset Lancar
ASET TIDAK LANCAR
Aset Tetap
Aset Takberwujud
Aset Tidak Lancar Lainnya
Total Aset Tidak Lancar
TOTAL ASET
Catatan/
Notes
4, 30
5, 30
28
6, 30
28
7
29
8
9
10
11, 30
30 Sept. 2016/
31 Des. 2015/
Sept. 30, 2016
USD
Dec. 31, 2015
USD
ASSETS
USD
10,726,543
14,934,790
10,940,812
2,066,963
42,452,788
1,017,638
35,812,161
2,252,385
44,088,929
98,902
1,673,549
22,566,284
2,699,511
1,182,336
5,917,532
89,384,408
54,938
1,651,166
20,221,113
3,740,778
518,036
4,128,435
82,079,055
15,323
2,067,570
24,169,248
3,553,794
546,397
4,657,910
92,292,368
CURRENT ASSETS
Cash on Hand and in Banks
Trade Receivables
Related Parties
Third Parties
Other Receivables
Related Parties
Third Parties
Inventories
Prepaid Taxes
Prepaid Expenses
Other Current Assets
Total Current Assets
188,884,187
2,952,231
91,491
191,927,909
195,425,773
3,165,745
109,498
198,701,016
189,380,790
3,543,164
189,171
193,113,125
NON CURRENT ASSETS
Fixed Assets
Intangible Assets
Other Non Current Assets
Total Non Current Assets
281,312,317
280,780,071
285,405,493
TOTAL ASSETS
*) Disajikan Kembali dalam Catatan 3
*) As Restated in Note 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Jan.1, 2015/
Dec. 31, 2014*)
The accompanying notes form an integral part of these
consolidated financial statements
1
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 dan 31 Desember 2015 dan
1 Januari 2015/ 31 Desember 2014
(Dalam USD Penuh, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION (Continued)
As of September 30, 2016 and December 31, 2015 and
January 1, 2015/ December 31, 2014
(In Full USD, unless otherwise stated)
1 Jan. 2015/ 31
Des. 2014/
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Utang Bank Jangka Pendek
Utang Usaha
Pihak Berelasi
Pihak Ketiga
Utang Lain-lain - Pihak Ketiga
Utang Pajak
Beban Akrual
Bagian Liabilitas Jangka Panjang yang
Jatuh Tempo Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Liabilitas Imbalan Kerja Jangka Pendek
Total Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Liabilitas Jangka Panjang Setelah
Dikurangi Bagian Jatuh Tempo
Dalam Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Beban Akrual
Liabilitas Imbalan Kerja Jangka Panjang
Liabilitas Pajak Tangguhan
Total Liabilitas Jangka Panjang
Total Liabilitas
EKUITAS
Ekuitas yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Modal Saham - Nilai Nominal
Rp 100 (angka penuh)
Modal Dasar-16.561.280.000 saham
Modal Ditempatkan dan Disetor Penuh 6.443.379.509 saham
Tambahan Modal Disetor
Pendapatan Komprehensif Lain Selisih Kurs karena Penjabaran
Laporan Keuangan
Saldo Laba
Telah Ditentukan Penggunaannya
Belum Ditentukan Penggunaannya
Total Ekuitas yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Kepentingan Non - Pengendali
Total Ekuitas
TOTAL LIABILITAS DAN EKUITAS
Catatan/
Notes
12, 30
13, 30
28
14, 30
29
15
16, 30
17
30 Sept. 2016/
31 Des. 2015/
Sept. 30, 2016
Dec. 31, 2015
Jan.1, 2015/
Dec. 31, 2014*)
USD
USD
USD
66,352,560
69,152,679
74,787,042
-11,775,708
445,693
1,758,706
2,565,165
-9,808,590
953,440
1,952,390
3,920,477
106,809
14,510,192
926,299
1,843,274
3,084,648
7,585,949
66,775
26,669
90,577,225
7,534,100
108,166
24,745
93,454,587
10,285,896
108,166
40,255
105,692,581
CURRENT LIABILITIES
Short Term Bank Loans
Trade Payables
Related Party
Third Parties
Other Payables - Third Parties
Taxes Payable
Accrued Expenses
Current Portion of Long Term
Liabilities:
Bank Loans
Customer Financing Payables
Short Term Employee Benefits Liabilities
Total Current Liabilities
NON CURRENT LIABILITIES
Long Term Liabilities
16, 30
17
15
18
29
22,226,421
37,109
-3,158,894
8,265,407
33,687,831
124,265,056
20,486,380
40,742
4,250,000
2,650,937
6,696,537
34,124,596
127,579,183
18,102,797
166,121
-2,458,481
5,067,243
25,794,642
131,487,223
Net of
Current Portion:
Bank Loans
Customer Financing Payables
Accrued Expense
Long Term Employee Benefits Liabilities
Deferred Tax Liabilities
Total Non Current Liabilities
Total Liabilities
EQUITY
Equity Attributable
to Owners of the Parent
Capital Stock - Par Value
Rp 100 (full amount)
20
21
20
19
Authorized Capital-16,561,280,000 shares
Issued and Fully Paid 6,443,379,509 shares
Additional Paid - in Capital
Other Comprehensive Income -
72,874,753
23,427,408
72,874,753
23,427,408
72,874,753
23,427,408
(4,916,111)
59,934,890
473,817
59,461,073
(3,611,630)
55,006,348
373,817
54,632,531
(839,584)
52,993,480
273,817
52,719,663
151,320,940
5,726,321
157,047,261
147,696,879
5,504,009
153,200,888
148,456,057
5,462,213
153,918,270
Currency Translation
Adjustments
Retained Earnings
Appropriated
Unappropriated
Total Equity Attributable
to Owners of the Parent
Non - Controlling Interest
Total Equity
281,312,317
280,780,071
285,405,493
TOTAL LIABILITIES AND EQUITY
*) Disajikan Kembali dalam Catatan 3
*) As Restated in Note 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
LIABILITIES AND EQUITY
The accompanying notes form an integral part of these
consolidated financial statements
2
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN
LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
CONSOLIDATED STATEMENTS OF
PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015*)
USD
PENJUALAN
22
144,853,599
149,156,364
SALES
BEBAN POKOK PENJUALAN
23
111,780,952
122,134,204
COST OF GOODS SOLD
33,072,647
27,022,160
GROSS PROFIT
(20,706,261)
443,256
(113,472)
(18,960,904)
265,711
(552,061)
Operating Expenses
Other Income
Other Expenses
12,696,170
7,774,906
OPERATING INCOME
(4,024,689)
(3,831,617)
Finance Cost
8,671,481
3,943,289
INCOME BEFORE INCOME TAX
(1,337,145)
(123,892)
(1,682,706)
(949,707)
-(1,495,949)
INCOME TAX EXPENSES
Current Tax
Prior Year Adjustment
Deffered Tax
5,527,738
1,497,633
INCOME FOR THE PERIOD
LABA BRUTO
Beban Usaha
Pendapatan Lain-lain
Beban Lain-lain
24
25
25
LABA USAHA
Beban Keuangan
26
LABA SEBELUM PAJAK PENGHASILAN
BEBAN PAJAK PENGHASILAN
Pajak Kini
Penyesuaian Tahun Sebelumnya
Pajak Tangguhan
29
29
29
LABA PERIODE BERJALAN
PENGHASILAN KOMPREHENSIF LAIN
Pos yang Tidak akan Direklasifikasi
OTHER COMPREHENSIVE INCOME
Item that Will Not be Reclassified
ke Laba Rugi:
(219,597)
(6,340)
Imbalan Kerja
Pajak Penghasilan Terkait
18
(292,796)
(8,454)
29
73,199
2,114
Pos yang akan direklasifikasi
Penghasilan Komprehensif Lain Setelah Pajak
TOTAL LABA KOMPREHENSIF LAIN
PERIODE BERJALAN
Subsequently to Profit or Loss:
(1,461,768)
(2,050,683)
(1,681,365)
(2,057,023)
3,846,373
(559,390)
Currency Translation Adjustments
Other Comprehensive Income After Tax
TOTAL OTHER COMPREHENSIVE INCOME
FOR THE PERIOD
*) As Restated in Note 3
*) Disajikan Kembali dalam Catatan 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Benefits Program
Related Income Tax
Item that May be Reclassified
ke Laba Rugi:
Selisih Kurs karena Penjabaran
Laporan Keuangan
to Profit or Loss:
Remeasurement on Employee
Pengukuran Kembali atas Program
The accompanying notes form an integral part of these
consolidated financial statements
3
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN
LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN (Lanjutan)
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
LABA PERIODE BERJALAN
(Saldo dari halaman sebelumnya)
PENGHASILAN KOMPREHENSIF LAIN
(Saldo dari halaman sebelumnya)
TOTAL LABA KOMPREHENSIF
PERIODE BERJALAN
CONSOLIDATED STATEMENTS OF
PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME (Continued)
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
Sept. 30, 2016
USD
30 Sept. 2015/
Sept. 30, 2015*)
USD
5,527,738
1,497,633
INCOME FOR THE PERIOD
(Carryforward from previous page)
(1,681,365)
(2,057,023)
OTHER COMPREHENSIVE INCOME
(Carryforward from previous page)
3,846,373
(559,390)
TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD
Total Laba Periode Berjalan yang Dapat
Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non - Pengendali
19
5,148,139
379,599
5,527,738
1,280,194
217,439
1,497,633
Total Laba Komprehensif yang Dapat
Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non - Pengendali
LABA PER SAHAM DASAR
19
3,624,061
222,312
3,846,373
(556,175)
(3,215)
(559,390)
27
0.0008
0.0002
Total Comprehensive Income
Attributable to:
Owners of the Parent
Non - Controlling Interest
BASIC EARNINGS PER SHARE
*) As Restated in Note 3
*) Disajikan Kembali dalam Catatan 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Total Income for The Period
Attributable to:
Owners of the Parent
Non - Controlling Interest
The accompanying notes form an integral part of these
consolidated financial statements
4
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/ Equity Attributable to Owners of the Parent
Modal Saham/
Capital Stock
USD
SALDO 1 JANUARI 2015/
31 DESEMBER 2014
(SEBELUM PENYAJIAN KEMBALI)
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
Pendapatan
Komprehensif
Total
Additonal
Paid - in Capital
Lain/
Other
Comprehensive
Income
Selisih Kurs
Karena Penjabaran
Laporan Keuangan/
Currency
Translation
Adjustments
Telah
Ditentukan
Penggunaannya/
Appropriated
Belum
Ditentukan
Penggunaannya/
Unappropriated**)
USD
USD
USD
USD
23,427,408
(839,584)
273,817
53,612,268
--
--
--
(892,605)
23,427,408
(839,584)
273,817
52,719,663
-----
-----
-(1,830,029)
(1,830,029)
--
---100,000
1,280,194
(6,340)
1,273,854
(100,000)
SALDO PER 30 SEPTEMBER 2015
72,874,753
23,427,408
(2,669,613)
373,817
SALDO PER 31 DESEMBER 2015
72,874,753
23,427,408
(3,611,630)
Laba Periode Berjalan
Penghasilan Komprehensif Lain
Total Laba Komprehensif
Laba Ditahan Ditentukan Penggunaannya
SALDO PER 30 SEPTEMBER 2016
----72,874,753
----23,427,408
-(1,304,481)
(1,304,481)
-(4,916,111)
Penyesuaian terkait Implementasi
PSAK 24 (Revisi 2013)
72,874,753
Saldo Laba/
Retained Earnings
Tambahan
Modal Disetor/
3
SALDO 1 JANUARI 2015/
31 DESEMBER 2014*)
Laba Periode Berjalan
Penghasilan Komprehensif Lain
Total Laba Komprehensif
Laba Ditahan Ditentukan Penggunaannya
--
72,874,753
18, 29
20
18, 29
20
Total Ekuitas/
Total Equity
Interest
USD
149,348,662
USD
USD
BALANCE AS OF JANUARY 1, 2015/
DECEMBER 31, 2014
(BEFORE RESTATEMENT)
5,462,213
154,810,875
--
(892,605)
5,462,213
153,918,270
1,280,194
(1,836,369)
(556,175)
--
217,439
(220,654)
(3,215)
--
1,497,633
(2,057,023)
(559,390)
--
Total Comprehensive Income
Appropriated Retained Earnings
53,893,517
147,899,882
5,458,998
153,358,880
BALANCE AS OF SEPTEMBER 30, 2015
373,817
54,632,531
147,696,879
5,504,009
153,200,888
BALANCE AS OF DECEMBER 31, 2015
---100,000
473,817
5,148,139
(219,597)
4,928,542
(100,000)
59,461,073
5,148,139
379,599
(157,287)
222,312
-5,726,321
5,527,738
(1,681,365)
3,846,373
-157,047,261
Other Comprehensive Income
Total Comprehensive Income
Appropriated Retained Earnings
*) Disajikan kembali dalam Catatan 3
(892,605)
148,456,057
(1,524,078)
3,624,061
-151,320,940
Adjusment due to Implementation
PSAK 24 (Revision 2013)
BALANCE AS OF JANUARY 1, 2015/
DECEMBER 31, 2014*)
Income For The Period
Other Comprehensive Income
Income For The Period
BALANCE AS OF SEPTEMBER 30, 2016
*) As Restated In Note 3
**) Included Gain or Loss Actuarial from
**) Termasuk Keuntungan atau Kerugian Aktuarial dari
Remeasurement of Defined Benefit Plan
Pengukuran Kembali atas Program Imbalan Pasti
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Kepentingan
Non - Pengendali/
Non - Controlling
The accompanying notes form an integral part of these
consolidated financial statements
5
para signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN ARUS KAS
KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
CONSOLIDATED STATEMENTS OF
CASH FLOWS
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015
USD
ARUS KAS DARI
CASH FLOWS FROM
AKTIVITAS OPERASI
Penerimaan Kas dari Pelanggan
Pembayaran Kas kepada Pemasok dan
Pihak Ketiga
Kas yang Dihasilkan dari Operasi
Penghasilan Bunga
Pembayaran Bunga
Pembayaran Pajak, Bersih
Pembayaran Beban Usaha
Arus Kas Bersih Diperoleh dari
Aktivitas Operasi
ARUS KAS DARI
AKTIVITAS INVESTASI
Hasil Pelepasan Aset Tetap
Perolehan Aset Tetap
Arus Kas Bersih Digunakan untuk
Aktivitas Investasi
ARUS KAS DARI
AKTIVITAS PENDANAAN
Pencairan Utang Bank Jangka Pendek
Pembayaran Utang Bank Jangka Pendek
Pencairan Utang Jangka Panjang:
Bank
Pembayaran Utang Jangka Panjang:
Bank
Pembiayaan Konsumen
Penerimaan dari (Pembayaran ke) Pihak Berelasi
Arus Kas Bersih Diperoleh (Digunakan) untuk
Aktivitas Pendanaan
137,163,647
156,218,215
(105,378,666)
31,784,981
37,716
(3,970,763)
(613,454)
(21,246,433)
(121,704,652)
34,513,563
20,280
(3,783,114)
(870,254)
(18,847,381)
5,992,047
11,033,094
CASH FLOWS FROM
9
9
98,750
(8,803,362)
--
52,294
(8,899,818)
--
(8,704,612)
(8,847,524)
115,459,360
(116,654,585)
95,993,937
(98,150,179)
6,897,958
6,754,154
(5,123,001)
(45,024)
(43,964)
(7,236,521)
(119,234)
(31,439)
490,744
(2,789,282)
(2,221,821)
(603,712)
(84,733)
AND BANK OVERDRAFT
13,116,709
9,682,040
BANK OVERDRAFT AT BEGINNING OF PERIOD
10,726,543
8,993,595
BANK OVERDRAFT AT END OF PERIOD
CASH ON HAND, CASH IN BANKS, AND
CASH ON HAND, CASH IN BANKS, AND
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
CASH IN BANKS, AND BANK OVERDRAFT
(168,345)
KAS, BANK, DAN
CERUKAN AKHIR PERIODE
Financing Activities
EXCHANGE RATES FLUCTUATION EFFECTS
ON CASH ON HAND, CASH IN BANKS,
KAS, BANK, DAN
CERUKAN AWAL PERIODE
FINANCING ACTIVITIES
Drawdown of Short Term Bank Loans
Payment of Short Term Bank Loans
Drawdown of Long Term Payables:
Bank
Payment of Long Term Payables:
Bank
Customer Financing Payable
Cash Received from (Paid to) Related Parties
Net Cash Flows Provided by (Used in)
DECREASE IN CASH ON HAND,
DAMPAK DARI PERUBAHAN KURS
TERHADAP KAS, BANK,
DAN CERUKAN
INVESTING ACTIVITIES
Proceeds from Disposal of Fixed Assets
Acquisitions of Fixed Assets
Net Cash Flows Used in
Investing Activities
CASH FLOWS FROM
PENURUNAN KAS,
BANK, DAN CERUKAN
OPERATING ACTIVITIES
Cash Received from Customers
Cash Paid to Suppliers and
Third Parties
Cash Provided from Operating Activities
Interest Received
Payment of Interest
Payment of Tax, Net
Payments for Operating Expenses
Net Cash Flows Provided by
Operating Activities
The accompanying notes form an integral part of these
consolidated financial statements
6
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN ARUS KAS
KONSOLIDASIAN (Lanjutan)
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
3
12
Jumlah Kas, Bank, dan Cerukan
Tambahan informasi
mempengaruhi arus
Catatan 33.
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015
USD
Cash on Hand and in Banks
Kas dan Bank
Pada akhir Periode terdiri dari:
Kas
Bank
Cerukan
CONSOLIDATED STATEMENTS OF
CASH FLOWS (Continued)
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
aktivitas yang
kas disajikan
20,196
10,706,347
19,598
10,404,147
10,726,543
--
10,423,745
(1,430,150)
10,726,543
8,993,595
tidak
pada
Bank Overdraft
Total Cash on Hand, Cash in Banks, and Bank Overdraft
Additional information of non-cash activities
is presented in Note 33.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
at end of Period consisting of:
Cash on Hand
Cash in Banks
The accompanying notes form an integral part of these
consolidated financial statements
7
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
1.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENT
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Umum
1. General
1.a. Pendirian dan Informasi Umum
PT Indopoly Swakarsa Industry Tbk
(Perusahaan)
didirikan
dalam
rangka
Undang-Undang Penanaman Modal Asing
No. 1 tahun 1967 juncto Undang-Undang
No. 11 tahun 1970 berdasarkan Akta
No. 114 tanggal 24 Maret 1995 dari Benny
Kristianto, SH, Notaris di Jakarta, yang
diubah dengan Akta No. 214 tanggal
26 Oktober 1995 dari notaris yang sama.
Akta pendirian beserta perubahannya telah
disahkan oleh Menteri Kehakiman Republik
Indonesia
daIam
Surat
Keputusan
No.
C2-16.943.HT.01.01.Th.95
tanggal
22 Desember 1995, dan telah diumumkan
dalam Berita Negara Republik Indonesia
No. 41, Tambahan No. 2019 tanggal
23 Mei 1997. Anggaran Dasar Perusahaan
telah mengalami beberapa kali perubahan,
terakhir dengan Akta Notaris No. 45 tanggal
12 Mei 2015 dari Kumala Tjahjani Widodo,
SH, MH, MKn. sehubungan dengan
perubahan Anggaran Dasar Perusahaan.
Atas perubahan ini telah tercatat di
Kementerian Hukum dan Hak Asasi Manusia
Republik
Indonesia
berdasarkan
Surat
Penerimaan
Pemberitahuan
No. AHU-AH.01.03-0935588 tanggal May 28,
2015.
1.a. Establishment and General Information
PT Indopoly Swakarsa Industry Tbk (the
Company) was established under the
Foreign Capital Investment Law No. 1 year
1967 juncto Law No. 11 in 1970, based on
Notarial
Deed
No.
114
dated
March 24, 1995 of Benny Kristianto, SH,
Notary in Jakarta, which subsequently was
changed with Deed No. 214 dated October
26, 1995 from the same notary. The deed
of establishment and its amendment have
been approved by the Minister of Justice of
Republic of Indonesia in his decree
No.
C2-16.943.HT.01.01.Th.95
dated
December 22, 1995, and has been
published in the State Gazette of the
Republic of Indonesia No. 41, Supplement
No. 2019 dated May 23, 1997. The
Company’s Articles of Association have
been amended several times, most recently
by
the
Deed
No.
45
dated
May 12, 2015 of Kumala Tjahjani Widodo,
SH, MH, MKn. concerning the changes in
Company’s Articles of Association. The
amended deed had been reported to the
Ministry of Law and Human Rights of the
Republic of Indonesia with Acceptance
Notice No. AHU-AH.01.03-0935588 dated
May 28, 2015.
Perusahaan berkedudukan di Jakarta
dengan pabrik berlokasi di Kecamatan
Bungursari, Purwakarta, Jawa Barat dan
Kantor Pusat Perusahaan beralamat di
Wisma Indosemen lantai 5, Jalan Jenderal
Sudirman
Kavling
70-71,
Jakarta.
Perusahaan mulai berproduksi secara
komersial pada tahun 1996. Hasil produksi
Perusahaan dipasarkan di dalam dan di luar
negeri.
The Company is domiciled at Jakarta with
its factory located at Subdistrict Bungursari,
Purwakarta, West Java and the Company’s
head office is located at Wisma Indosemen
th
5 floor, Jalan Jenderal Sudirman Kavling
70-71, Jakarta. The Company started
its commercial operations in 1996. The
Company’s products are distributed for
local and export.
Sesuai dengan pasal 3 Anggaran Dasar
Perusahaan,
ruang
lingkup
kegiatan
Perusahaan terutama meliputi bidang
industri plastik lembaran serta perdagangan
besar dan impor.
In accordance with Article 3 of
Company's Articles of Association,
Company’s scope of activities is in
plastic sheets industry and trading
imports.
Jefflyne Golden Holdings Pte Ltd, pemegang
saham mayoritas Perusahaan, merupakan
perusahaan yang 99,9% sahamnya dimiliki
oleh Gilbert Investment Ltd.
Jefflyne Golden Holdings Pte Ltd, the
Company’s major shareholder, is 99.9%
owned by Gilbert Investment Ltd.
d1/October 31, 2016
8
the
the
the
and
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
1.b. Dewan Komisaris, Dewan Direksi, dan
Karyawan
1.b. Board of Commissioners, Board of
Directors, and Employees
Susunan
pengurus
Perusahaan pada
tanggal
30 September 2016 dan 31
Desember 2015 adalah sebagai berikut:
The composition of the Company’s
management as of September 30, 2016
and and December 31, 2015 are as follows:
Dewan Komisaris
Presiden Komisaris
Komisaris
Komisaris Independen
Dewan Direksi
Presiden Direktur
Wakil Presiden Direktur
Direktur
Direktur Independen
30 Sept. 2016/
Sept. 30, 2016
31 Des. 2015/
Dec. 31, 2015
Felielyne Halim
Pancha Chandra
Irawan Sastrotanojo
Felielyne Halim
Pancha Chandra
Irawan Sastrotanojo
Henry Halim
Jeffrey Halim
Sugianto Effendi
Alexandra Bustami
Yenni Meilina Lie
Leo Firdaus
Henry Halim
Jeffrey Halim
Sugianto Effendi
Alexandra Bustami
Yenni Meilina Lie
Leo Firdaus
Iskandar Mardeka
Kho Tiat Hong
Kho Tiat Hong
Board of Commissioners
President Commissioner
Commissioner
Independent Commissioner
Board of Dicrectors
President Director
Vice President Director
Directors
Independent Director
Pada tanggal 30 September 2016 dan 31
Desember 2015 jumlah karyawan tetap
adalah masing-masing 1.251 dan 1.224
orang (tidak diaudit).
As of
September 30, 2016 and and
December 31, 2015, total permanent
employees are 1,251 and 1,224, respectively
(unaudited).
1.c. Komite Audit
Sesuai dengan surat keputusan rapat
Dewan Komisaris tanggal 7 Oktober 2011,
Perusahaan membentuk Komite Audit yang
beranggotakan sebagai berikut:
1.c. Audit Committee
According to the Board of Commissioners’
decision letter dated October 7, 2011, the
Company has formed an Audit Committee
consisting of the following members:
Ketua Komite Audit
Anggota
1.d. Struktur Entitas Anak
Perusahaan memiliki pengendalian atas
entitas anak yang dikonsolidasi sebagai
berikut:
Entitas Anak/
Subsidiaries
Golden Polindo Industries
Pte Ltd
Kegiatan Usaha
Utama/
1.d. Subsidiaries’ Structure
The Company have control over
consolidated subsidiaries as follows:
Tahun
Beroperasi/
Kedudukan/
Domicile
Persentase
Kepemilikan/
the
Total Aset/
Total Assets
Main Business
Year of
Percentage
30 Sept. 2016/
31 Des. 2015/
Activity
Commercial
Operation
of Ownership
%
Sept. 30, 2016
Dec. 31, 2015
USD
USD
89.24
86,494,528
Investasi/ Investment
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
Head of Audit Committee
Members
Irawan Sastrotanojo
Catherine Bong
Komala Dewi
1994
Singapura/
Singapore
9
86,035,480
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
Entitas Anak/
Subsidiaries
Kegiatan Usaha
Utama/
Tahun
Beroperasi/
Kedudukan/
Domicile
Persentase
Kepemilikan/
Total Aset/
Total Assets
Main Business
Year of
Percentage
30 Sept. 2016/
31 Des. 2015/
Activity
Commercial
Operation
of Ownership
%
Sept. 30, 2016
Dec. 31, 2015
USD
USD
Suzhou Kunlene Film
Industries Co Ltd *
Pabrikan/ Manufacturing of
Yunnan Kunlene Film
Industries Co Ltd *
Ilene, Inc
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
2002
China
100.00
59,160,665
59,067,797
Pabrikan/ Manufacturing of
1994
China
100.00
25,653,289
25,536,564
Biaxially Oriented
Polypropylene films
Perdagangan/ Trading of
Biaxially Oriented
Polypropylene films
2015
Amerika Serikat/
United States
100.00
1,403,287
1,543,638
Biaxially Oriented
Polypropylene films
* Perusahaan yang secara tidak langsung dimiliki melalui Golden Polindo Industries Pte Ltd/
Entities indirectly owned through Golden Polindo Industries Pte Ltd
Berdasarkan perjanjian Mutual Agreement on
Golden Polindo Industries Pte Ltd Shares
Transfer tanggal 2 Januari 2009, Perusahaan
bersama Jefflyne Golden Holdings Pte Ltd,
(JG), Kimpoli Pte Ltd, (KPL) dan Golden
Polindo Industries Pte Ltd (GPI) menyetujui
pengalihan saham GPI masing-masing
sebanyak 242.000 lembar saham milik JG dan
4.358.000 lembar saham milik KPL kepada
Perusahaan dengan harga pembelian masingmasing
sebesar
SGD 2,098,412
dan
SGD
37,829,588
atau
total
sebesar
SGD 39,928,000 yang mewakili kepemilikan
sebesar 89,24% di GPI. Perjanjian mutual ini
dieksekusi pada tanggal 29 Desember 2009
berdasarkan Share Sale and Purchase
Agreement tanggal 23 Desember 2009.
Based on the Mutual Agreement on Golden
Polindo Industries Pte Ltd Shares Transfer
dated January 2, 2009, between the
Company and Jefflyne Golden Holdings
Pte Ltd (JG), Kimpoli Pte Ltd (KPL) and
Golden Polindo Industries Pte Ltd (GPI),
the parties had agreed to the transfer of
242,000 GPI’s shares owned by JG and
4,358,000 GPI’s shares owned by KPL to
the Company with the purchase price of
SGD 2,098,412 and SGD 37,829,588 or
total of SGD 39,928,000 representing
89.24% ownership in GPI. The Mutual
Agreement executed on December 29,
2009 based on the Share Sale and
Purchase Agreement dated December 23,
2009.
JG dan KPL merupakan entitas-entitas yang
berada dalam pengendalian yang sama
dengan Perusahaan. Oleh karena itu,
transaksi tersebut di atas dicatat sesuai
dengan PSAK 38 (Revisi 2004) tentang
“Akuntansi
Restrukturisasi
Entitas
Sepengendali”.
Selisih
antara
bagian
kepemilikan Perusahaan atas aset bersih
sebesar USD 25,999,582 dengan biaya
perolehan investasi sebesar USD 28,378,109
yaitu sebesar USD 2,378,527 dicatat sebagai
Selisih Nilai Transaksi Restrukturisasi Entitas
Sepengendali dan disajikan sebagai bagian
dari ekuitas Perusahaan.
JG and KPL are entities that are under
common control with the Company.
Accordingly, the above transaction is
recorded
in
conformity
with
PSAK
38 (Revised 2004) concerning
“Accounting for Restructuring Companies
under Common Control”. The difference
between the Company’s share on net
asset value of USD 25,999,582 and
the investment acquisition cost of
USD
28,378,109
amounting
to
USD 2,378,527 is recorded as Difference in
Value
Resulting
from
Restructuring
Transactions
among
Entities
under
Common Control and presented as part of
equity of the Company.
Dengan demikian, laporan keuangan GPI dan
entitas anak dikonsolidasikan ke laporan
keuangan Perusahaan.
As consequence, the financial statements
of GPI and its subsidiaries are consolidated
into the Company's financial statements.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
10
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Pada tanggal 15 April 2015 Perusahaan
mendirikan entitas anak (Ilene Inc.) di Illinois
Amerika Serikat dengan menyetorkan modal
sebanyak 1,000 lembar saham senilai
USD 0,1.
On April 15, 2015 the Company established
a subsidiary (Ilene Inc.) in Illinois, United
States of America by depositing a capital of
1,000 shares worth USD 0.1.
Pada tanggal 27 Mei 2015 Perusahaan
mengajukan permohonan ijin usaha dan pada
tanggal 4 Juni 2015 telah memperoleh ijin dari
Pemerintah Lokal untuk melakukan usaha di
kawasan Illinois.
On May 27, 2015 the Company filed an
application for a business license and on
June 4, 2015 had granted a license from
the Local Government for their business in
the region Illinois.
Dalam laporan keuangan konsolidasian ini,
Perusahaan dan entitas anak secara
bersama-sama disebut sebagai “Grup”.
In these consolidated financial statements,
the Company and its subsidiaries are
collectively referred as the “Group”.
1.e. Penawaran Umum Saham Perdana
Pada tanggal 30 Juni 2010, Perusahaan
memperoleh Surat Pernyataan Efektif dari
Ketua Badan Pengawas Pasar Modal dan
Lembaga
Keuangan
(Bapepam-LK)
No.
S-5908/BL/2009
untuk
melakukan
Penawaran
Umum
Saham
Perdana
2.300.178.500 lembar Saham Biasa kepada
masyarakat dengan nilai nominal Rp 100 per
saham dan harga penawaran Rp 210 per
saham.
1.e. Initial Public Offering
On June 30, 2010, the Company has
obtained an Effective Statement from the
Chairman of Capital Market Supervisory
Agency and Financial Institution (BapepamLK) No. S-5908/BL/2009 for conducting the
Company’s Initial Public Offering of
2,300,178,500 shares with par value of
Rp 100 per share and offering price of
Rp 210 per share.
Selisih lebih jumlah yang diterima dari
pengeluaran saham terhadap nilai nominalnya
sebesar USD 27,856,103, dicatat dalam akun
“Tambahan Modal Disetor“ setelah dikurangi
total
biaya
emisi
saham
sebesar
USD 2,093,681 (Catatan 21).
The excess amount received from the
issuance of stock over its par value of
USD 27,856,103 is recorded in the
“Additional Paid-in Capital” account, after
deducting
stock
issuance
cost
of
USD 2,093,681 (Note 21).
Berkenaan dengan Penawaran Umum Saham
Perdana, Perusahaan juga menerbitkan
460.035.700 Waran Seri I menyertai Saham
Biasa, dimana setiap 5 saham baru berhak
memperoleh 1 Waran Seri I yang diberikan
secara cuma-cuma sebagai insentif bagi
pemegang saham baru.
In relation to this Initial Public Offering, the
Company also issued 460,035,700 Series I
Warrants, for which each holder of 5 new
shares
were
entitled
to
receive
1 Series I Warrant as incentive for new
shareholder.
Waran Seri I ini memberikan hak kepada
pemegangnya untuk melakukan pembelian
saham biasa atas nama yang bernominal
Rp 100 per saham dengan harga sebesar
Rp 250 per saham selama periode
pelaksanaan dari tanggal 10 Januari 2011 dan
berakhir pada tanggal 9 Juli 2013.
Each Series I Warrant reserves the right to
purchase common share with a par value
of Rp 100 per share at an exercise price of
Rp 250 per share during the exercise
period starting from January 10, 2011 and
expired on July 9, 2013.
Pada tanggal 30 September 2016, sejumlah
6.443.379.509 saham Perusahaan telah
tercatat pada Bursa Efek Indonesia.
As of September 30, 2016, the total
Company’s shares listed at the Indonesia
Stock Exchange is 6,443,379,509 shares.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
11
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
2.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Ikhtisar Kebijakan Akuntansi Signifikan
2. Summary of Significant Accounting Policies
2.a. Kepatuhan Terhadap Standar Akuntansi
Keuangan (SAK)
Laporan keuangan konsolidasian telah
disusun dan disajikan sesuai dengan Standar
Akuntansi Keuangan di Indonesia yang
meliputi Pernyataan Standar Akuntansi
Keuangan (PSAK) dan Interpretasi Standar
Akuntansi Keuangan (ISAK) yang diterbitkan
oleh Dewan Standar Akuntansi Keuangan –
Ikatan Akuntan Indonesia (DSAK – IAI), serta
peraturan Pasar Modal yang berlaku antara
lain
Peraturan
Otoritas
Jasa
Keuangan/Badan Pengawas Pasar Modal
dan Lembaga Keuangan (OJK/Bapepam-LK)
No. VIII.G.7 tentang pedoman penyajian
laporan
keuangan,
keputusan
Ketua
Bapepam-LK No. KEP-347/BL/2012 tentang
penyajian dan pengungkapan
laporan
keuangan emiten atau perusahaan publik.
2.a.Compliance to the Financial Accounting
Standards (SAK)
The consolidated financial statements have
been prepared and presented in accordance
with
Indonesian
Financial
Accounting
Standards which include the Statements of
Financial Accounting Standards (PSAK) and
Interpretation
of
Financial
Accounting
Standards (ISAK) issued by the Financial
Accounting Standard Board – Indonesian
Institute of Accountant (DSAK – IAI), and
regulations in the Capital Market include
Regulations
of
Financial
Sevices
Authority/Capital Market and Supervisory
Board
and
Financial
Institution
(OJK/Bapepam-LK) No. VIII.G.7 regarding
guidelines for the presentation of financial
statements, decree of Chairman of BapepamLK
No.
KEP-347/BL/2012
regarding
presentation and disclosure of financial
statements of the issuer or public company.
2.b. Dasar Pengukuran dan Penyusunan
Laporan Keuangan Konsolidasian
Laporan keuangan konsolidasian disusun
dan
disajikan
berdasarkan
asumsi
kelangsungan usaha serta atas dasar akrual,
kecuali laporan arus kas konsolidasian.
Dasar pengukuran dalam penyusunan
laporan keuangan konsolidasian ini adalah
konsep biaya perolehan, kecuali beberapa
akun tertentu yang didasarkan pengukuran
lain sebagaimana dijelaskan dalam kebijakan
akuntansi masing-masing akun tersebut.
Biaya perolehan umumnya didasarkan pada
nilai wajar imbalan yang diserahkan dalam
perolehan aset.
2.b. Basis of Measurement and Preparation of
Consolidated Financial Statements
The consolidated financial statements have
been prepared and presented based on going
concern assumption and accrual basis of
accounting, except for the consolidated
statements of cash flows.
Basis of
measurement in preparation of these
consolidated financial statements is the
historical costs concept, except for certain
accounts which have been prepared on the
basis of other measurements as described in
their respective policies. Historical cost is
generally based on the fair value of the
consideration given in exchange for assets
Laporan arus kas konsolidasian disajikan
dengan metode langsung (direct method)
dengan mengelompokkan arus kas dalam
aktivitas operasi, investasi dan pendanaan.
The consolidated statements of cash flows
are prepared using the direct method by
classifying cash flows into operating,
investing and financing activities.
Mata uang penyajian yang digunakan dalam
penyusunan laporan keuangan konsolidasian
ini adalah Dolar Amerika Serikat (USD) yang
merupakan
mata
uang
fungsional
Perusahaan. Mata uang fungsional entitas
anak di luar negeri adalah dalam Renminbi
Cina (RMB) dan laporan keuangan diukur
berdasarkan mata uang fungsional tersebut
(Catatan 2.e).
The presentation currency used in the
preparation of the consolidated financial
statements is United States Dollar (USD),
which is the Company’s functional currency.
The foreign subsidiaries’ functional currency
is Chinese Renminbi (RMB) and their
financial statements are measured using such
currency (Note 2.e).
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
12
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
2.c.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Pernyataan dan Interpretasi Standar
Akuntansi Baru dan Revisi yang Berlaku
Efektif pada Tahun Berjalan
Standar dan penyesuaian standar berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016 adalah sebagai
berikut:
2.c. New and Revised Statements and
Interpretation of Financial Accounting
Standards Effective in the Current Year
Standard and improvements to standards
effective for periods beginning on or after
January 1, 2016, are follows:
Standar :
PSAK No. 110 (revisi 2015) “Akuntansi
Sukuk”
Standard:
PSAK No. 110 (revised 2015) “Accounting
for Sukuk”
Penyesuaian:
PSAK No. 5 “Segmen Operasi”
PSAK No. 7 “Pengungkapan Pihakpihak Berelasi”
PSAK No. 13 “Properti Investasi”
PSAK No. 16 “Aset Tetap”
Adjustment:
PSAK No. 5 “Operating Segments”
PSAK No. 7 “Related Party Disclosures”
PSAK No. 13 “Investments Property”
PSAK No. 16
“Property, Plant and
Equipment”
PSAK No. 19 “Intangible Assets”
PSAK No. 22 “Business Combination”
PSAK No. 25 “Accounting Policies,
Changes in Accounting Estimates and
Errors”
PSAK No. 53 “Share-based Payments”
PSAK No. 19 “Aset Tak berwujud”
PSAK No. 22 “Kombinasi Bisnis”
PSAK No. 25 “Kebijakan Akuntansi,
Perubahan Estimasi Akuntansi dan
Kesalahan”
PSAK No. 53 “Pembayaran Berbasis
Saham”
PSAK No. 68 “Pengukuran Nilai Wajar”
PSAK No. 68 “Fair Value Measureme”
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016, dengan penerapan
secara retrospektif yaitu:
PSAK No. 4 “Laporan Keuangan
Tersendiri tentang Metode Ekuitas dalam
Laporan Keuangan Tersendiri”
PSAK No. 15 “Investasi Pada Entitas
Asosiasi dan Ventura Bersama tentang
Entitas
Investasi:
Penerapan
Pengecualian Konsolidasi”
PSAK No. 24 “Imbalan Kerja tentang
Program Imbalan Pasti: Iuran Pekerja”
Amendments to standards and interpretation
which are effective for periods beginning on
or after January 1, 2016, with retrospective
application are as follows:
PSAK No. 4 “Separate Financial
Statements about Equity Method in
Separate Financial Statements”
PSAK No. 15 “Investment in Associates
and Joint Venture about Investment
Entities: Applying the Consolidation
Exception”
PSAK No. 24 “Employee Benefits about
Defined
Benefit
Plans:
Employee
Contributions”
PSAK No. 65 “Consolidation Financial
Statements about Investment Entities:
Applying the Consolidation Exception”
PSAK No. 67 “Disclosures of Interest in
Other Entities about Investment Entities:
Applying the Consolidation Exception”
PSAK No. 65 “Laporan Keuangan
Konsolidasian tentang Entitas Investasi:
Penerapan Pengecualian Konsolidasi”
PSAK
No.
67
“Pengungkapan
Kepentingan Dalam Entitas Lain tentang
Entitas
Investasi:
Penerapan
Pengecualian Konsolidasi”
ISAK No. 30 “Pungutan”.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
ISAK 30 “Levies”.
13
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016, dengan penerapan
secara prospektif yaitu:
PSAK No. 16 “Aset Tetap tentang
Klarifikasi Metode yang Diterima untuk
Penyusutan dan Amortisasi”
Amendments to standards and interpretation
which are effective for periods beginning on
or after January 1, 2016, with prospective
application are as follows:
PSAK No. 16
“Property, Plant and
Equipment
about
Clarification
of
Acceptable Methods of Depreciation and
Amortization”
PSAK No. 19 “Intangible Asset about
Clarification of Acceptable Methods of
Depreciation and Amortization”
PSAK No. 66 “Joint Arrangements about
Accounting for Acquisitions of Interests in
Joint Operation”.
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2017, dengan penerapan
dini diperkenankan yaitu:
PSAK No. 1 “Penyajian Laporan
Keuangan
tentang
Prakarsa
Pengungkapan” dan
ISAK No. 31 “Interpretasi atas Ruang
Lingkup PSAK No. 13: Properti
Investasi”.
Amendments to standard and interpretation
effective for periods beginning on or after
January 1, 2017, with early application
permitted are as follows:
PSAK No. 1 “Presentation of Financial
Statements about Disclosure Initiative”
and
ISAK No. 31 “Scope Interpretation of
PSAK No. 13: Investment Property”.
Standar dan amandemen standar berikut
efektif untuk periode yang dimulai pada atau
setelah tanggal 1 Januari 2018, dengan
penerapan dini diperkenankan yaitu:
PSAK No. 69 “Agrikultur” dan
PSAK No. 16 “Aset Tetap tentang
Agrikultur: Tanaman Produktif”.
Standard and amendment to standard
effective for periods beginning on or after
January 1, 2018, with early application
permitted are as follows:
PSAK No. 69 “Agriculture” and
PSAK No. 16 “Property, Plant and
Equipment about Agriculture: Bearer
Plants”.
Penerapan
PSAK
diatas
ini
tidak
memberikan pengaruh material terhadap
laporan keuangan konsolidasian
The adoption of the PSAK above has no
material effect to the consolidated financial
statements.
2.d. Prinsip-prinsip Konsolidasi
Laporan keuangan konsolidasian mencakup
laporan keuangan Perusahaan dan entitasentitas anak seperti disebutkan pada Catatan
1.d.
2.d. Principles of Consolidation
The consolidated financial
statements
incorporate the financial statements of the
Company and Subsidiaries as described in
Note 1.d.
Entitas
anak
adalah
entitas
yang
dikendalikan oleh Grup, yakni Grup
terekspos, atau memiliki hak, atas imbal hasil
variabel dari keterlibatannya dengan entitas
dan
memiliki
kemampuan
untuk
mempengaruhi imbal hasil tersebut melalui
kemampuan
kini
untuk
mengarahkan
aktivitas relevan dari entitas (kekuasaan atas
investee).
A subsidiary is an entity controlled by the
Group, ie the Group is exposed, or has rights,
to variable returns from its involvement with
the entity and has the ability to affect those
returns through its current ability to direct the
entity’s relevant activities (power over the
investee).
PSAK No. 19 “Aset Takberwujud tentang
Klarifikasi Metode yang Diterima untuk
Penyusutan dan Amortisasi”
PSAK No. 66 “Pengaturan Bersama
tentang Akuntansi Akuisisi Kepentingan
dalam Operasi Bersama”.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
14
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Keberadaan dan dampak dari hak suara
potensial dimana Grup memiliki kemampuan
praktis untuk melaksanakan (yakni hak
substantif) dipertimbangkan saat menilai
apakah Grup mengendalikan entitas lain.
The existence and effect of substantive
potential voting rights that the Group has the
practical ability to exercise (ie substantive
rights) are considered when assessing
whether the Group controls another entity.
Laporan keuangan Grup mencakup hasil
usaha, arus kas, aset dan liabilitas dari
Perusahaan dan seluruh entitas anak yang,
secara lagsung dan tidak langsung,
dikendalikan oleh Perusahaan. Entitas anak
dikonsolidasikan
sejak
tanggal
efektif
akuisisi, yaitu tanggal dimana Grup secara
efektif memperoleh pengendalian atas bisnis
yang diakuisisi, sampai tanggal pengendalian
berakhir.
The Group’s financial statements incorporate
the results, cash flows, assets and liabilities
of the Company and all of its directly and
indirectly controlled subsidiaries. Subsidiaries
are consolidated from the effective date of
acquisition, which is the date on which the
Group effectively obtains control of the
acquired business, until that control ceases.
Entitas induk menyusun laporan keuangan
konsolidasian
dengan
menggunakan
kebijakan akuntansi yang sama untuk
transaksi dan peristiwa lain dalam keadaan
yang serupa. Seluruh transaksi, saldo, laba,
beban, dan arus kas dalam intra kelompok
usaha terkait dengan transaksi antar entitas
dalam Grup dieliminasi secara penuh.
A parent prepares consolidated financial
statements using uniform accounting policies
for like transactions and other events in
similar
circumstances.
All
intragroup
transactions, balances, income, expenses
INDUSTRY Tbk
DAN ENTITAS ANAK
Laporan Keuangan Konsolidasian
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit) dan
Laporan Posisi Keuangan Konsolidasian
Per 1 Januari 2015/ 31 Desember 2014
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
AND SUBSIDIARIES
Consolidated Financial Statements
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited) and
Consolidated Statement of Financial Position
As of January 1, 2015/ December 31, 2014
and
d1/October 31, 2016
signed: ____
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
DAN ENTITAS ANAK
Daftar Isi
PT INDOPOLY SWAKARSA
INDUSTRY Tbk
AND SUBSIDIARIES
Halaman/
Pages
Surat Pernyataan Direksi
Laporan Auditor Independen
Laporan Auditor Independen
Table of Contents
Directors’ Statement Letter
Independent Auditors’ Report
Independent Auditor’s Report
Consolidated Financial Statements
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
Laporan Keuangan Konsolidasian
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit) dan
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited) and
Laporan Posisi Keuangan Konsolidasian
Per 1 Januari 2015/ 31 Desember 2014
Consolidated Statement of Financial Position
As of January 1, 2015/ December 31, 2014
Laporan Posisi Keuangan Konsolidasian
1-2
Consolidated Statements of Financial Position
Laporan Laba Rugi dan
Penghasilan Komprehensif Lain Konsolidasian
3-4
Consolidated Statements of Profit or Loss and
Other Comprehensive Income
5
Consolidated Statements of Changes in Equity
Laporan Perubahan Ekuitas Konsolidasian
Laporan Arus Kas Konsolidasian
6-7
Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian
8-79
Notes to Consolidated Financial Statements
d1/October 31, 2016
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
Per 30 September 2016 dan 31 Desember 2015 dan
1 Januari 2015/ 31 Desember 2014
(Dalam USD Penuh, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION
As of September 30, 2016 and December 31, 2015 and
January 1, 2015/ December 31, 2014
(In Full USD, unless otherwise stated)
1 Jan. 2015/ 31
Des. 2014/
ASET
ASET LANCAR
Kas dan Bank
Piutang Usaha
Pihak Berelasi
Pihak Ketiga
Piutang Lain-lain
Pihak Berelasi
Pihak Ketiga
Persediaan
Pajak Dibayar di Muka
Biaya Dibayar di Muka
Aset Lancar Lainnya
Total Aset Lancar
ASET TIDAK LANCAR
Aset Tetap
Aset Takberwujud
Aset Tidak Lancar Lainnya
Total Aset Tidak Lancar
TOTAL ASET
Catatan/
Notes
4, 30
5, 30
28
6, 30
28
7
29
8
9
10
11, 30
30 Sept. 2016/
31 Des. 2015/
Sept. 30, 2016
USD
Dec. 31, 2015
USD
ASSETS
USD
10,726,543
14,934,790
10,940,812
2,066,963
42,452,788
1,017,638
35,812,161
2,252,385
44,088,929
98,902
1,673,549
22,566,284
2,699,511
1,182,336
5,917,532
89,384,408
54,938
1,651,166
20,221,113
3,740,778
518,036
4,128,435
82,079,055
15,323
2,067,570
24,169,248
3,553,794
546,397
4,657,910
92,292,368
CURRENT ASSETS
Cash on Hand and in Banks
Trade Receivables
Related Parties
Third Parties
Other Receivables
Related Parties
Third Parties
Inventories
Prepaid Taxes
Prepaid Expenses
Other Current Assets
Total Current Assets
188,884,187
2,952,231
91,491
191,927,909
195,425,773
3,165,745
109,498
198,701,016
189,380,790
3,543,164
189,171
193,113,125
NON CURRENT ASSETS
Fixed Assets
Intangible Assets
Other Non Current Assets
Total Non Current Assets
281,312,317
280,780,071
285,405,493
TOTAL ASSETS
*) Disajikan Kembali dalam Catatan 3
*) As Restated in Note 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Jan.1, 2015/
Dec. 31, 2014*)
The accompanying notes form an integral part of these
consolidated financial statements
1
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 dan 31 Desember 2015 dan
1 Januari 2015/ 31 Desember 2014
(Dalam USD Penuh, kecuali dinyatakan lain)
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION (Continued)
As of September 30, 2016 and December 31, 2015 and
January 1, 2015/ December 31, 2014
(In Full USD, unless otherwise stated)
1 Jan. 2015/ 31
Des. 2014/
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Utang Bank Jangka Pendek
Utang Usaha
Pihak Berelasi
Pihak Ketiga
Utang Lain-lain - Pihak Ketiga
Utang Pajak
Beban Akrual
Bagian Liabilitas Jangka Panjang yang
Jatuh Tempo Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Liabilitas Imbalan Kerja Jangka Pendek
Total Liabilitas Jangka Pendek
LIABILITAS JANGKA PANJANG
Liabilitas Jangka Panjang Setelah
Dikurangi Bagian Jatuh Tempo
Dalam Satu Tahun:
Utang Bank
Utang Pembiayaan Konsumen
Beban Akrual
Liabilitas Imbalan Kerja Jangka Panjang
Liabilitas Pajak Tangguhan
Total Liabilitas Jangka Panjang
Total Liabilitas
EKUITAS
Ekuitas yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Modal Saham - Nilai Nominal
Rp 100 (angka penuh)
Modal Dasar-16.561.280.000 saham
Modal Ditempatkan dan Disetor Penuh 6.443.379.509 saham
Tambahan Modal Disetor
Pendapatan Komprehensif Lain Selisih Kurs karena Penjabaran
Laporan Keuangan
Saldo Laba
Telah Ditentukan Penggunaannya
Belum Ditentukan Penggunaannya
Total Ekuitas yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Kepentingan Non - Pengendali
Total Ekuitas
TOTAL LIABILITAS DAN EKUITAS
Catatan/
Notes
12, 30
13, 30
28
14, 30
29
15
16, 30
17
30 Sept. 2016/
31 Des. 2015/
Sept. 30, 2016
Dec. 31, 2015
Jan.1, 2015/
Dec. 31, 2014*)
USD
USD
USD
66,352,560
69,152,679
74,787,042
-11,775,708
445,693
1,758,706
2,565,165
-9,808,590
953,440
1,952,390
3,920,477
106,809
14,510,192
926,299
1,843,274
3,084,648
7,585,949
66,775
26,669
90,577,225
7,534,100
108,166
24,745
93,454,587
10,285,896
108,166
40,255
105,692,581
CURRENT LIABILITIES
Short Term Bank Loans
Trade Payables
Related Party
Third Parties
Other Payables - Third Parties
Taxes Payable
Accrued Expenses
Current Portion of Long Term
Liabilities:
Bank Loans
Customer Financing Payables
Short Term Employee Benefits Liabilities
Total Current Liabilities
NON CURRENT LIABILITIES
Long Term Liabilities
16, 30
17
15
18
29
22,226,421
37,109
-3,158,894
8,265,407
33,687,831
124,265,056
20,486,380
40,742
4,250,000
2,650,937
6,696,537
34,124,596
127,579,183
18,102,797
166,121
-2,458,481
5,067,243
25,794,642
131,487,223
Net of
Current Portion:
Bank Loans
Customer Financing Payables
Accrued Expense
Long Term Employee Benefits Liabilities
Deferred Tax Liabilities
Total Non Current Liabilities
Total Liabilities
EQUITY
Equity Attributable
to Owners of the Parent
Capital Stock - Par Value
Rp 100 (full amount)
20
21
20
19
Authorized Capital-16,561,280,000 shares
Issued and Fully Paid 6,443,379,509 shares
Additional Paid - in Capital
Other Comprehensive Income -
72,874,753
23,427,408
72,874,753
23,427,408
72,874,753
23,427,408
(4,916,111)
59,934,890
473,817
59,461,073
(3,611,630)
55,006,348
373,817
54,632,531
(839,584)
52,993,480
273,817
52,719,663
151,320,940
5,726,321
157,047,261
147,696,879
5,504,009
153,200,888
148,456,057
5,462,213
153,918,270
Currency Translation
Adjustments
Retained Earnings
Appropriated
Unappropriated
Total Equity Attributable
to Owners of the Parent
Non - Controlling Interest
Total Equity
281,312,317
280,780,071
285,405,493
TOTAL LIABILITIES AND EQUITY
*) Disajikan Kembali dalam Catatan 3
*) As Restated in Note 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
LIABILITIES AND EQUITY
The accompanying notes form an integral part of these
consolidated financial statements
2
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN
LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
CONSOLIDATED STATEMENTS OF
PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015*)
USD
PENJUALAN
22
144,853,599
149,156,364
SALES
BEBAN POKOK PENJUALAN
23
111,780,952
122,134,204
COST OF GOODS SOLD
33,072,647
27,022,160
GROSS PROFIT
(20,706,261)
443,256
(113,472)
(18,960,904)
265,711
(552,061)
Operating Expenses
Other Income
Other Expenses
12,696,170
7,774,906
OPERATING INCOME
(4,024,689)
(3,831,617)
Finance Cost
8,671,481
3,943,289
INCOME BEFORE INCOME TAX
(1,337,145)
(123,892)
(1,682,706)
(949,707)
-(1,495,949)
INCOME TAX EXPENSES
Current Tax
Prior Year Adjustment
Deffered Tax
5,527,738
1,497,633
INCOME FOR THE PERIOD
LABA BRUTO
Beban Usaha
Pendapatan Lain-lain
Beban Lain-lain
24
25
25
LABA USAHA
Beban Keuangan
26
LABA SEBELUM PAJAK PENGHASILAN
BEBAN PAJAK PENGHASILAN
Pajak Kini
Penyesuaian Tahun Sebelumnya
Pajak Tangguhan
29
29
29
LABA PERIODE BERJALAN
PENGHASILAN KOMPREHENSIF LAIN
Pos yang Tidak akan Direklasifikasi
OTHER COMPREHENSIVE INCOME
Item that Will Not be Reclassified
ke Laba Rugi:
(219,597)
(6,340)
Imbalan Kerja
Pajak Penghasilan Terkait
18
(292,796)
(8,454)
29
73,199
2,114
Pos yang akan direklasifikasi
Penghasilan Komprehensif Lain Setelah Pajak
TOTAL LABA KOMPREHENSIF LAIN
PERIODE BERJALAN
Subsequently to Profit or Loss:
(1,461,768)
(2,050,683)
(1,681,365)
(2,057,023)
3,846,373
(559,390)
Currency Translation Adjustments
Other Comprehensive Income After Tax
TOTAL OTHER COMPREHENSIVE INCOME
FOR THE PERIOD
*) As Restated in Note 3
*) Disajikan Kembali dalam Catatan 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Benefits Program
Related Income Tax
Item that May be Reclassified
ke Laba Rugi:
Selisih Kurs karena Penjabaran
Laporan Keuangan
to Profit or Loss:
Remeasurement on Employee
Pengukuran Kembali atas Program
The accompanying notes form an integral part of these
consolidated financial statements
3
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN
LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN (Lanjutan)
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
LABA PERIODE BERJALAN
(Saldo dari halaman sebelumnya)
PENGHASILAN KOMPREHENSIF LAIN
(Saldo dari halaman sebelumnya)
TOTAL LABA KOMPREHENSIF
PERIODE BERJALAN
CONSOLIDATED STATEMENTS OF
PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME (Continued)
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
Sept. 30, 2016
USD
30 Sept. 2015/
Sept. 30, 2015*)
USD
5,527,738
1,497,633
INCOME FOR THE PERIOD
(Carryforward from previous page)
(1,681,365)
(2,057,023)
OTHER COMPREHENSIVE INCOME
(Carryforward from previous page)
3,846,373
(559,390)
TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD
Total Laba Periode Berjalan yang Dapat
Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non - Pengendali
19
5,148,139
379,599
5,527,738
1,280,194
217,439
1,497,633
Total Laba Komprehensif yang Dapat
Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan Non - Pengendali
LABA PER SAHAM DASAR
19
3,624,061
222,312
3,846,373
(556,175)
(3,215)
(559,390)
27
0.0008
0.0002
Total Comprehensive Income
Attributable to:
Owners of the Parent
Non - Controlling Interest
BASIC EARNINGS PER SHARE
*) As Restated in Note 3
*) Disajikan Kembali dalam Catatan 3
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Total Income for The Period
Attributable to:
Owners of the Parent
Non - Controlling Interest
The accompanying notes form an integral part of these
consolidated financial statements
4
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/ Equity Attributable to Owners of the Parent
Modal Saham/
Capital Stock
USD
SALDO 1 JANUARI 2015/
31 DESEMBER 2014
(SEBELUM PENYAJIAN KEMBALI)
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
Pendapatan
Komprehensif
Total
Additonal
Paid - in Capital
Lain/
Other
Comprehensive
Income
Selisih Kurs
Karena Penjabaran
Laporan Keuangan/
Currency
Translation
Adjustments
Telah
Ditentukan
Penggunaannya/
Appropriated
Belum
Ditentukan
Penggunaannya/
Unappropriated**)
USD
USD
USD
USD
23,427,408
(839,584)
273,817
53,612,268
--
--
--
(892,605)
23,427,408
(839,584)
273,817
52,719,663
-----
-----
-(1,830,029)
(1,830,029)
--
---100,000
1,280,194
(6,340)
1,273,854
(100,000)
SALDO PER 30 SEPTEMBER 2015
72,874,753
23,427,408
(2,669,613)
373,817
SALDO PER 31 DESEMBER 2015
72,874,753
23,427,408
(3,611,630)
Laba Periode Berjalan
Penghasilan Komprehensif Lain
Total Laba Komprehensif
Laba Ditahan Ditentukan Penggunaannya
SALDO PER 30 SEPTEMBER 2016
----72,874,753
----23,427,408
-(1,304,481)
(1,304,481)
-(4,916,111)
Penyesuaian terkait Implementasi
PSAK 24 (Revisi 2013)
72,874,753
Saldo Laba/
Retained Earnings
Tambahan
Modal Disetor/
3
SALDO 1 JANUARI 2015/
31 DESEMBER 2014*)
Laba Periode Berjalan
Penghasilan Komprehensif Lain
Total Laba Komprehensif
Laba Ditahan Ditentukan Penggunaannya
--
72,874,753
18, 29
20
18, 29
20
Total Ekuitas/
Total Equity
Interest
USD
149,348,662
USD
USD
BALANCE AS OF JANUARY 1, 2015/
DECEMBER 31, 2014
(BEFORE RESTATEMENT)
5,462,213
154,810,875
--
(892,605)
5,462,213
153,918,270
1,280,194
(1,836,369)
(556,175)
--
217,439
(220,654)
(3,215)
--
1,497,633
(2,057,023)
(559,390)
--
Total Comprehensive Income
Appropriated Retained Earnings
53,893,517
147,899,882
5,458,998
153,358,880
BALANCE AS OF SEPTEMBER 30, 2015
373,817
54,632,531
147,696,879
5,504,009
153,200,888
BALANCE AS OF DECEMBER 31, 2015
---100,000
473,817
5,148,139
(219,597)
4,928,542
(100,000)
59,461,073
5,148,139
379,599
(157,287)
222,312
-5,726,321
5,527,738
(1,681,365)
3,846,373
-157,047,261
Other Comprehensive Income
Total Comprehensive Income
Appropriated Retained Earnings
*) Disajikan kembali dalam Catatan 3
(892,605)
148,456,057
(1,524,078)
3,624,061
-151,320,940
Adjusment due to Implementation
PSAK 24 (Revision 2013)
BALANCE AS OF JANUARY 1, 2015/
DECEMBER 31, 2014*)
Income For The Period
Other Comprehensive Income
Income For The Period
BALANCE AS OF SEPTEMBER 30, 2016
*) As Restated In Note 3
**) Included Gain or Loss Actuarial from
**) Termasuk Keuntungan atau Kerugian Aktuarial dari
Remeasurement of Defined Benefit Plan
Pengukuran Kembali atas Program Imbalan Pasti
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
Kepentingan
Non - Pengendali/
Non - Controlling
The accompanying notes form an integral part of these
consolidated financial statements
5
para signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN ARUS KAS
KONSOLIDASIAN
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
CONSOLIDATED STATEMENTS OF
CASH FLOWS
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015
USD
ARUS KAS DARI
CASH FLOWS FROM
AKTIVITAS OPERASI
Penerimaan Kas dari Pelanggan
Pembayaran Kas kepada Pemasok dan
Pihak Ketiga
Kas yang Dihasilkan dari Operasi
Penghasilan Bunga
Pembayaran Bunga
Pembayaran Pajak, Bersih
Pembayaran Beban Usaha
Arus Kas Bersih Diperoleh dari
Aktivitas Operasi
ARUS KAS DARI
AKTIVITAS INVESTASI
Hasil Pelepasan Aset Tetap
Perolehan Aset Tetap
Arus Kas Bersih Digunakan untuk
Aktivitas Investasi
ARUS KAS DARI
AKTIVITAS PENDANAAN
Pencairan Utang Bank Jangka Pendek
Pembayaran Utang Bank Jangka Pendek
Pencairan Utang Jangka Panjang:
Bank
Pembayaran Utang Jangka Panjang:
Bank
Pembiayaan Konsumen
Penerimaan dari (Pembayaran ke) Pihak Berelasi
Arus Kas Bersih Diperoleh (Digunakan) untuk
Aktivitas Pendanaan
137,163,647
156,218,215
(105,378,666)
31,784,981
37,716
(3,970,763)
(613,454)
(21,246,433)
(121,704,652)
34,513,563
20,280
(3,783,114)
(870,254)
(18,847,381)
5,992,047
11,033,094
CASH FLOWS FROM
9
9
98,750
(8,803,362)
--
52,294
(8,899,818)
--
(8,704,612)
(8,847,524)
115,459,360
(116,654,585)
95,993,937
(98,150,179)
6,897,958
6,754,154
(5,123,001)
(45,024)
(43,964)
(7,236,521)
(119,234)
(31,439)
490,744
(2,789,282)
(2,221,821)
(603,712)
(84,733)
AND BANK OVERDRAFT
13,116,709
9,682,040
BANK OVERDRAFT AT BEGINNING OF PERIOD
10,726,543
8,993,595
BANK OVERDRAFT AT END OF PERIOD
CASH ON HAND, CASH IN BANKS, AND
CASH ON HAND, CASH IN BANKS, AND
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
CASH IN BANKS, AND BANK OVERDRAFT
(168,345)
KAS, BANK, DAN
CERUKAN AKHIR PERIODE
Financing Activities
EXCHANGE RATES FLUCTUATION EFFECTS
ON CASH ON HAND, CASH IN BANKS,
KAS, BANK, DAN
CERUKAN AWAL PERIODE
FINANCING ACTIVITIES
Drawdown of Short Term Bank Loans
Payment of Short Term Bank Loans
Drawdown of Long Term Payables:
Bank
Payment of Long Term Payables:
Bank
Customer Financing Payable
Cash Received from (Paid to) Related Parties
Net Cash Flows Provided by (Used in)
DECREASE IN CASH ON HAND,
DAMPAK DARI PERUBAHAN KURS
TERHADAP KAS, BANK,
DAN CERUKAN
INVESTING ACTIVITIES
Proceeds from Disposal of Fixed Assets
Acquisitions of Fixed Assets
Net Cash Flows Used in
Investing Activities
CASH FLOWS FROM
PENURUNAN KAS,
BANK, DAN CERUKAN
OPERATING ACTIVITIES
Cash Received from Customers
Cash Paid to Suppliers and
Third Parties
Cash Provided from Operating Activities
Interest Received
Payment of Interest
Payment of Tax, Net
Payments for Operating Expenses
Net Cash Flows Provided by
Operating Activities
The accompanying notes form an integral part of these
consolidated financial statements
6
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
LAPORAN ARUS KAS
KONSOLIDASIAN (Lanjutan)
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015
(Dalam USD Penuh, kecuali dinyatakan lain)
Catatan/
Notes
3
12
Jumlah Kas, Bank, dan Cerukan
Tambahan informasi
mempengaruhi arus
Catatan 33.
30 Sept. 2016/
30 Sept. 2015/
Sept. 30, 2016
USD
Sept. 30, 2015
USD
Cash on Hand and in Banks
Kas dan Bank
Pada akhir Periode terdiri dari:
Kas
Bank
Cerukan
CONSOLIDATED STATEMENTS OF
CASH FLOWS (Continued)
For Nine Months Periods Ended
September 30, 2016 and 2015
(In Full USD, unless otherwise stated)
aktivitas yang
kas disajikan
20,196
10,706,347
19,598
10,404,147
10,726,543
--
10,423,745
(1,430,150)
10,726,543
8,993,595
tidak
pada
Bank Overdraft
Total Cash on Hand, Cash in Banks, and Bank Overdraft
Additional information of non-cash activities
is presented in Note 33.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan
d1/October 31, 2016
at end of Period consisting of:
Cash on Hand
Cash in Banks
The accompanying notes form an integral part of these
consolidated financial statements
7
signed: ____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
1.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENT
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Umum
1. General
1.a. Pendirian dan Informasi Umum
PT Indopoly Swakarsa Industry Tbk
(Perusahaan)
didirikan
dalam
rangka
Undang-Undang Penanaman Modal Asing
No. 1 tahun 1967 juncto Undang-Undang
No. 11 tahun 1970 berdasarkan Akta
No. 114 tanggal 24 Maret 1995 dari Benny
Kristianto, SH, Notaris di Jakarta, yang
diubah dengan Akta No. 214 tanggal
26 Oktober 1995 dari notaris yang sama.
Akta pendirian beserta perubahannya telah
disahkan oleh Menteri Kehakiman Republik
Indonesia
daIam
Surat
Keputusan
No.
C2-16.943.HT.01.01.Th.95
tanggal
22 Desember 1995, dan telah diumumkan
dalam Berita Negara Republik Indonesia
No. 41, Tambahan No. 2019 tanggal
23 Mei 1997. Anggaran Dasar Perusahaan
telah mengalami beberapa kali perubahan,
terakhir dengan Akta Notaris No. 45 tanggal
12 Mei 2015 dari Kumala Tjahjani Widodo,
SH, MH, MKn. sehubungan dengan
perubahan Anggaran Dasar Perusahaan.
Atas perubahan ini telah tercatat di
Kementerian Hukum dan Hak Asasi Manusia
Republik
Indonesia
berdasarkan
Surat
Penerimaan
Pemberitahuan
No. AHU-AH.01.03-0935588 tanggal May 28,
2015.
1.a. Establishment and General Information
PT Indopoly Swakarsa Industry Tbk (the
Company) was established under the
Foreign Capital Investment Law No. 1 year
1967 juncto Law No. 11 in 1970, based on
Notarial
Deed
No.
114
dated
March 24, 1995 of Benny Kristianto, SH,
Notary in Jakarta, which subsequently was
changed with Deed No. 214 dated October
26, 1995 from the same notary. The deed
of establishment and its amendment have
been approved by the Minister of Justice of
Republic of Indonesia in his decree
No.
C2-16.943.HT.01.01.Th.95
dated
December 22, 1995, and has been
published in the State Gazette of the
Republic of Indonesia No. 41, Supplement
No. 2019 dated May 23, 1997. The
Company’s Articles of Association have
been amended several times, most recently
by
the
Deed
No.
45
dated
May 12, 2015 of Kumala Tjahjani Widodo,
SH, MH, MKn. concerning the changes in
Company’s Articles of Association. The
amended deed had been reported to the
Ministry of Law and Human Rights of the
Republic of Indonesia with Acceptance
Notice No. AHU-AH.01.03-0935588 dated
May 28, 2015.
Perusahaan berkedudukan di Jakarta
dengan pabrik berlokasi di Kecamatan
Bungursari, Purwakarta, Jawa Barat dan
Kantor Pusat Perusahaan beralamat di
Wisma Indosemen lantai 5, Jalan Jenderal
Sudirman
Kavling
70-71,
Jakarta.
Perusahaan mulai berproduksi secara
komersial pada tahun 1996. Hasil produksi
Perusahaan dipasarkan di dalam dan di luar
negeri.
The Company is domiciled at Jakarta with
its factory located at Subdistrict Bungursari,
Purwakarta, West Java and the Company’s
head office is located at Wisma Indosemen
th
5 floor, Jalan Jenderal Sudirman Kavling
70-71, Jakarta. The Company started
its commercial operations in 1996. The
Company’s products are distributed for
local and export.
Sesuai dengan pasal 3 Anggaran Dasar
Perusahaan,
ruang
lingkup
kegiatan
Perusahaan terutama meliputi bidang
industri plastik lembaran serta perdagangan
besar dan impor.
In accordance with Article 3 of
Company's Articles of Association,
Company’s scope of activities is in
plastic sheets industry and trading
imports.
Jefflyne Golden Holdings Pte Ltd, pemegang
saham mayoritas Perusahaan, merupakan
perusahaan yang 99,9% sahamnya dimiliki
oleh Gilbert Investment Ltd.
Jefflyne Golden Holdings Pte Ltd, the
Company’s major shareholder, is 99.9%
owned by Gilbert Investment Ltd.
d1/October 31, 2016
8
the
the
the
and
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
1.b. Dewan Komisaris, Dewan Direksi, dan
Karyawan
1.b. Board of Commissioners, Board of
Directors, and Employees
Susunan
pengurus
Perusahaan pada
tanggal
30 September 2016 dan 31
Desember 2015 adalah sebagai berikut:
The composition of the Company’s
management as of September 30, 2016
and and December 31, 2015 are as follows:
Dewan Komisaris
Presiden Komisaris
Komisaris
Komisaris Independen
Dewan Direksi
Presiden Direktur
Wakil Presiden Direktur
Direktur
Direktur Independen
30 Sept. 2016/
Sept. 30, 2016
31 Des. 2015/
Dec. 31, 2015
Felielyne Halim
Pancha Chandra
Irawan Sastrotanojo
Felielyne Halim
Pancha Chandra
Irawan Sastrotanojo
Henry Halim
Jeffrey Halim
Sugianto Effendi
Alexandra Bustami
Yenni Meilina Lie
Leo Firdaus
Henry Halim
Jeffrey Halim
Sugianto Effendi
Alexandra Bustami
Yenni Meilina Lie
Leo Firdaus
Iskandar Mardeka
Kho Tiat Hong
Kho Tiat Hong
Board of Commissioners
President Commissioner
Commissioner
Independent Commissioner
Board of Dicrectors
President Director
Vice President Director
Directors
Independent Director
Pada tanggal 30 September 2016 dan 31
Desember 2015 jumlah karyawan tetap
adalah masing-masing 1.251 dan 1.224
orang (tidak diaudit).
As of
September 30, 2016 and and
December 31, 2015, total permanent
employees are 1,251 and 1,224, respectively
(unaudited).
1.c. Komite Audit
Sesuai dengan surat keputusan rapat
Dewan Komisaris tanggal 7 Oktober 2011,
Perusahaan membentuk Komite Audit yang
beranggotakan sebagai berikut:
1.c. Audit Committee
According to the Board of Commissioners’
decision letter dated October 7, 2011, the
Company has formed an Audit Committee
consisting of the following members:
Ketua Komite Audit
Anggota
1.d. Struktur Entitas Anak
Perusahaan memiliki pengendalian atas
entitas anak yang dikonsolidasi sebagai
berikut:
Entitas Anak/
Subsidiaries
Golden Polindo Industries
Pte Ltd
Kegiatan Usaha
Utama/
1.d. Subsidiaries’ Structure
The Company have control over
consolidated subsidiaries as follows:
Tahun
Beroperasi/
Kedudukan/
Domicile
Persentase
Kepemilikan/
the
Total Aset/
Total Assets
Main Business
Year of
Percentage
30 Sept. 2016/
31 Des. 2015/
Activity
Commercial
Operation
of Ownership
%
Sept. 30, 2016
Dec. 31, 2015
USD
USD
89.24
86,494,528
Investasi/ Investment
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
Head of Audit Committee
Members
Irawan Sastrotanojo
Catherine Bong
Komala Dewi
1994
Singapura/
Singapore
9
86,035,480
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
Entitas Anak/
Subsidiaries
Kegiatan Usaha
Utama/
Tahun
Beroperasi/
Kedudukan/
Domicile
Persentase
Kepemilikan/
Total Aset/
Total Assets
Main Business
Year of
Percentage
30 Sept. 2016/
31 Des. 2015/
Activity
Commercial
Operation
of Ownership
%
Sept. 30, 2016
Dec. 31, 2015
USD
USD
Suzhou Kunlene Film
Industries Co Ltd *
Pabrikan/ Manufacturing of
Yunnan Kunlene Film
Industries Co Ltd *
Ilene, Inc
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
2002
China
100.00
59,160,665
59,067,797
Pabrikan/ Manufacturing of
1994
China
100.00
25,653,289
25,536,564
Biaxially Oriented
Polypropylene films
Perdagangan/ Trading of
Biaxially Oriented
Polypropylene films
2015
Amerika Serikat/
United States
100.00
1,403,287
1,543,638
Biaxially Oriented
Polypropylene films
* Perusahaan yang secara tidak langsung dimiliki melalui Golden Polindo Industries Pte Ltd/
Entities indirectly owned through Golden Polindo Industries Pte Ltd
Berdasarkan perjanjian Mutual Agreement on
Golden Polindo Industries Pte Ltd Shares
Transfer tanggal 2 Januari 2009, Perusahaan
bersama Jefflyne Golden Holdings Pte Ltd,
(JG), Kimpoli Pte Ltd, (KPL) dan Golden
Polindo Industries Pte Ltd (GPI) menyetujui
pengalihan saham GPI masing-masing
sebanyak 242.000 lembar saham milik JG dan
4.358.000 lembar saham milik KPL kepada
Perusahaan dengan harga pembelian masingmasing
sebesar
SGD 2,098,412
dan
SGD
37,829,588
atau
total
sebesar
SGD 39,928,000 yang mewakili kepemilikan
sebesar 89,24% di GPI. Perjanjian mutual ini
dieksekusi pada tanggal 29 Desember 2009
berdasarkan Share Sale and Purchase
Agreement tanggal 23 Desember 2009.
Based on the Mutual Agreement on Golden
Polindo Industries Pte Ltd Shares Transfer
dated January 2, 2009, between the
Company and Jefflyne Golden Holdings
Pte Ltd (JG), Kimpoli Pte Ltd (KPL) and
Golden Polindo Industries Pte Ltd (GPI),
the parties had agreed to the transfer of
242,000 GPI’s shares owned by JG and
4,358,000 GPI’s shares owned by KPL to
the Company with the purchase price of
SGD 2,098,412 and SGD 37,829,588 or
total of SGD 39,928,000 representing
89.24% ownership in GPI. The Mutual
Agreement executed on December 29,
2009 based on the Share Sale and
Purchase Agreement dated December 23,
2009.
JG dan KPL merupakan entitas-entitas yang
berada dalam pengendalian yang sama
dengan Perusahaan. Oleh karena itu,
transaksi tersebut di atas dicatat sesuai
dengan PSAK 38 (Revisi 2004) tentang
“Akuntansi
Restrukturisasi
Entitas
Sepengendali”.
Selisih
antara
bagian
kepemilikan Perusahaan atas aset bersih
sebesar USD 25,999,582 dengan biaya
perolehan investasi sebesar USD 28,378,109
yaitu sebesar USD 2,378,527 dicatat sebagai
Selisih Nilai Transaksi Restrukturisasi Entitas
Sepengendali dan disajikan sebagai bagian
dari ekuitas Perusahaan.
JG and KPL are entities that are under
common control with the Company.
Accordingly, the above transaction is
recorded
in
conformity
with
PSAK
38 (Revised 2004) concerning
“Accounting for Restructuring Companies
under Common Control”. The difference
between the Company’s share on net
asset value of USD 25,999,582 and
the investment acquisition cost of
USD
28,378,109
amounting
to
USD 2,378,527 is recorded as Difference in
Value
Resulting
from
Restructuring
Transactions
among
Entities
under
Common Control and presented as part of
equity of the Company.
Dengan demikian, laporan keuangan GPI dan
entitas anak dikonsolidasikan ke laporan
keuangan Perusahaan.
As consequence, the financial statements
of GPI and its subsidiaries are consolidated
into the Company's financial statements.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
10
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Pada tanggal 15 April 2015 Perusahaan
mendirikan entitas anak (Ilene Inc.) di Illinois
Amerika Serikat dengan menyetorkan modal
sebanyak 1,000 lembar saham senilai
USD 0,1.
On April 15, 2015 the Company established
a subsidiary (Ilene Inc.) in Illinois, United
States of America by depositing a capital of
1,000 shares worth USD 0.1.
Pada tanggal 27 Mei 2015 Perusahaan
mengajukan permohonan ijin usaha dan pada
tanggal 4 Juni 2015 telah memperoleh ijin dari
Pemerintah Lokal untuk melakukan usaha di
kawasan Illinois.
On May 27, 2015 the Company filed an
application for a business license and on
June 4, 2015 had granted a license from
the Local Government for their business in
the region Illinois.
Dalam laporan keuangan konsolidasian ini,
Perusahaan dan entitas anak secara
bersama-sama disebut sebagai “Grup”.
In these consolidated financial statements,
the Company and its subsidiaries are
collectively referred as the “Group”.
1.e. Penawaran Umum Saham Perdana
Pada tanggal 30 Juni 2010, Perusahaan
memperoleh Surat Pernyataan Efektif dari
Ketua Badan Pengawas Pasar Modal dan
Lembaga
Keuangan
(Bapepam-LK)
No.
S-5908/BL/2009
untuk
melakukan
Penawaran
Umum
Saham
Perdana
2.300.178.500 lembar Saham Biasa kepada
masyarakat dengan nilai nominal Rp 100 per
saham dan harga penawaran Rp 210 per
saham.
1.e. Initial Public Offering
On June 30, 2010, the Company has
obtained an Effective Statement from the
Chairman of Capital Market Supervisory
Agency and Financial Institution (BapepamLK) No. S-5908/BL/2009 for conducting the
Company’s Initial Public Offering of
2,300,178,500 shares with par value of
Rp 100 per share and offering price of
Rp 210 per share.
Selisih lebih jumlah yang diterima dari
pengeluaran saham terhadap nilai nominalnya
sebesar USD 27,856,103, dicatat dalam akun
“Tambahan Modal Disetor“ setelah dikurangi
total
biaya
emisi
saham
sebesar
USD 2,093,681 (Catatan 21).
The excess amount received from the
issuance of stock over its par value of
USD 27,856,103 is recorded in the
“Additional Paid-in Capital” account, after
deducting
stock
issuance
cost
of
USD 2,093,681 (Note 21).
Berkenaan dengan Penawaran Umum Saham
Perdana, Perusahaan juga menerbitkan
460.035.700 Waran Seri I menyertai Saham
Biasa, dimana setiap 5 saham baru berhak
memperoleh 1 Waran Seri I yang diberikan
secara cuma-cuma sebagai insentif bagi
pemegang saham baru.
In relation to this Initial Public Offering, the
Company also issued 460,035,700 Series I
Warrants, for which each holder of 5 new
shares
were
entitled
to
receive
1 Series I Warrant as incentive for new
shareholder.
Waran Seri I ini memberikan hak kepada
pemegangnya untuk melakukan pembelian
saham biasa atas nama yang bernominal
Rp 100 per saham dengan harga sebesar
Rp 250 per saham selama periode
pelaksanaan dari tanggal 10 Januari 2011 dan
berakhir pada tanggal 9 Juli 2013.
Each Series I Warrant reserves the right to
purchase common share with a par value
of Rp 100 per share at an exercise price of
Rp 250 per share during the exercise
period starting from January 10, 2011 and
expired on July 9, 2013.
Pada tanggal 30 September 2016, sejumlah
6.443.379.509 saham Perusahaan telah
tercatat pada Bursa Efek Indonesia.
As of September 30, 2016, the total
Company’s shares listed at the Indonesia
Stock Exchange is 6,443,379,509 shares.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
11
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
2.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Ikhtisar Kebijakan Akuntansi Signifikan
2. Summary of Significant Accounting Policies
2.a. Kepatuhan Terhadap Standar Akuntansi
Keuangan (SAK)
Laporan keuangan konsolidasian telah
disusun dan disajikan sesuai dengan Standar
Akuntansi Keuangan di Indonesia yang
meliputi Pernyataan Standar Akuntansi
Keuangan (PSAK) dan Interpretasi Standar
Akuntansi Keuangan (ISAK) yang diterbitkan
oleh Dewan Standar Akuntansi Keuangan –
Ikatan Akuntan Indonesia (DSAK – IAI), serta
peraturan Pasar Modal yang berlaku antara
lain
Peraturan
Otoritas
Jasa
Keuangan/Badan Pengawas Pasar Modal
dan Lembaga Keuangan (OJK/Bapepam-LK)
No. VIII.G.7 tentang pedoman penyajian
laporan
keuangan,
keputusan
Ketua
Bapepam-LK No. KEP-347/BL/2012 tentang
penyajian dan pengungkapan
laporan
keuangan emiten atau perusahaan publik.
2.a.Compliance to the Financial Accounting
Standards (SAK)
The consolidated financial statements have
been prepared and presented in accordance
with
Indonesian
Financial
Accounting
Standards which include the Statements of
Financial Accounting Standards (PSAK) and
Interpretation
of
Financial
Accounting
Standards (ISAK) issued by the Financial
Accounting Standard Board – Indonesian
Institute of Accountant (DSAK – IAI), and
regulations in the Capital Market include
Regulations
of
Financial
Sevices
Authority/Capital Market and Supervisory
Board
and
Financial
Institution
(OJK/Bapepam-LK) No. VIII.G.7 regarding
guidelines for the presentation of financial
statements, decree of Chairman of BapepamLK
No.
KEP-347/BL/2012
regarding
presentation and disclosure of financial
statements of the issuer or public company.
2.b. Dasar Pengukuran dan Penyusunan
Laporan Keuangan Konsolidasian
Laporan keuangan konsolidasian disusun
dan
disajikan
berdasarkan
asumsi
kelangsungan usaha serta atas dasar akrual,
kecuali laporan arus kas konsolidasian.
Dasar pengukuran dalam penyusunan
laporan keuangan konsolidasian ini adalah
konsep biaya perolehan, kecuali beberapa
akun tertentu yang didasarkan pengukuran
lain sebagaimana dijelaskan dalam kebijakan
akuntansi masing-masing akun tersebut.
Biaya perolehan umumnya didasarkan pada
nilai wajar imbalan yang diserahkan dalam
perolehan aset.
2.b. Basis of Measurement and Preparation of
Consolidated Financial Statements
The consolidated financial statements have
been prepared and presented based on going
concern assumption and accrual basis of
accounting, except for the consolidated
statements of cash flows.
Basis of
measurement in preparation of these
consolidated financial statements is the
historical costs concept, except for certain
accounts which have been prepared on the
basis of other measurements as described in
their respective policies. Historical cost is
generally based on the fair value of the
consideration given in exchange for assets
Laporan arus kas konsolidasian disajikan
dengan metode langsung (direct method)
dengan mengelompokkan arus kas dalam
aktivitas operasi, investasi dan pendanaan.
The consolidated statements of cash flows
are prepared using the direct method by
classifying cash flows into operating,
investing and financing activities.
Mata uang penyajian yang digunakan dalam
penyusunan laporan keuangan konsolidasian
ini adalah Dolar Amerika Serikat (USD) yang
merupakan
mata
uang
fungsional
Perusahaan. Mata uang fungsional entitas
anak di luar negeri adalah dalam Renminbi
Cina (RMB) dan laporan keuangan diukur
berdasarkan mata uang fungsional tersebut
(Catatan 2.e).
The presentation currency used in the
preparation of the consolidated financial
statements is United States Dollar (USD),
which is the Company’s functional currency.
The foreign subsidiaries’ functional currency
is Chinese Renminbi (RMB) and their
financial statements are measured using such
currency (Note 2.e).
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
12
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
2.c.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Pernyataan dan Interpretasi Standar
Akuntansi Baru dan Revisi yang Berlaku
Efektif pada Tahun Berjalan
Standar dan penyesuaian standar berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016 adalah sebagai
berikut:
2.c. New and Revised Statements and
Interpretation of Financial Accounting
Standards Effective in the Current Year
Standard and improvements to standards
effective for periods beginning on or after
January 1, 2016, are follows:
Standar :
PSAK No. 110 (revisi 2015) “Akuntansi
Sukuk”
Standard:
PSAK No. 110 (revised 2015) “Accounting
for Sukuk”
Penyesuaian:
PSAK No. 5 “Segmen Operasi”
PSAK No. 7 “Pengungkapan Pihakpihak Berelasi”
PSAK No. 13 “Properti Investasi”
PSAK No. 16 “Aset Tetap”
Adjustment:
PSAK No. 5 “Operating Segments”
PSAK No. 7 “Related Party Disclosures”
PSAK No. 13 “Investments Property”
PSAK No. 16
“Property, Plant and
Equipment”
PSAK No. 19 “Intangible Assets”
PSAK No. 22 “Business Combination”
PSAK No. 25 “Accounting Policies,
Changes in Accounting Estimates and
Errors”
PSAK No. 53 “Share-based Payments”
PSAK No. 19 “Aset Tak berwujud”
PSAK No. 22 “Kombinasi Bisnis”
PSAK No. 25 “Kebijakan Akuntansi,
Perubahan Estimasi Akuntansi dan
Kesalahan”
PSAK No. 53 “Pembayaran Berbasis
Saham”
PSAK No. 68 “Pengukuran Nilai Wajar”
PSAK No. 68 “Fair Value Measureme”
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016, dengan penerapan
secara retrospektif yaitu:
PSAK No. 4 “Laporan Keuangan
Tersendiri tentang Metode Ekuitas dalam
Laporan Keuangan Tersendiri”
PSAK No. 15 “Investasi Pada Entitas
Asosiasi dan Ventura Bersama tentang
Entitas
Investasi:
Penerapan
Pengecualian Konsolidasi”
PSAK No. 24 “Imbalan Kerja tentang
Program Imbalan Pasti: Iuran Pekerja”
Amendments to standards and interpretation
which are effective for periods beginning on
or after January 1, 2016, with retrospective
application are as follows:
PSAK No. 4 “Separate Financial
Statements about Equity Method in
Separate Financial Statements”
PSAK No. 15 “Investment in Associates
and Joint Venture about Investment
Entities: Applying the Consolidation
Exception”
PSAK No. 24 “Employee Benefits about
Defined
Benefit
Plans:
Employee
Contributions”
PSAK No. 65 “Consolidation Financial
Statements about Investment Entities:
Applying the Consolidation Exception”
PSAK No. 67 “Disclosures of Interest in
Other Entities about Investment Entities:
Applying the Consolidation Exception”
PSAK No. 65 “Laporan Keuangan
Konsolidasian tentang Entitas Investasi:
Penerapan Pengecualian Konsolidasi”
PSAK
No.
67
“Pengungkapan
Kepentingan Dalam Entitas Lain tentang
Entitas
Investasi:
Penerapan
Pengecualian Konsolidasi”
ISAK No. 30 “Pungutan”.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
ISAK 30 “Levies”.
13
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2016, dengan penerapan
secara prospektif yaitu:
PSAK No. 16 “Aset Tetap tentang
Klarifikasi Metode yang Diterima untuk
Penyusutan dan Amortisasi”
Amendments to standards and interpretation
which are effective for periods beginning on
or after January 1, 2016, with prospective
application are as follows:
PSAK No. 16
“Property, Plant and
Equipment
about
Clarification
of
Acceptable Methods of Depreciation and
Amortization”
PSAK No. 19 “Intangible Asset about
Clarification of Acceptable Methods of
Depreciation and Amortization”
PSAK No. 66 “Joint Arrangements about
Accounting for Acquisitions of Interests in
Joint Operation”.
Amandemen standar dan interpretasi berikut
efektif untuk periode yang dimulai pada atau
setelah 1 Januari 2017, dengan penerapan
dini diperkenankan yaitu:
PSAK No. 1 “Penyajian Laporan
Keuangan
tentang
Prakarsa
Pengungkapan” dan
ISAK No. 31 “Interpretasi atas Ruang
Lingkup PSAK No. 13: Properti
Investasi”.
Amendments to standard and interpretation
effective for periods beginning on or after
January 1, 2017, with early application
permitted are as follows:
PSAK No. 1 “Presentation of Financial
Statements about Disclosure Initiative”
and
ISAK No. 31 “Scope Interpretation of
PSAK No. 13: Investment Property”.
Standar dan amandemen standar berikut
efektif untuk periode yang dimulai pada atau
setelah tanggal 1 Januari 2018, dengan
penerapan dini diperkenankan yaitu:
PSAK No. 69 “Agrikultur” dan
PSAK No. 16 “Aset Tetap tentang
Agrikultur: Tanaman Produktif”.
Standard and amendment to standard
effective for periods beginning on or after
January 1, 2018, with early application
permitted are as follows:
PSAK No. 69 “Agriculture” and
PSAK No. 16 “Property, Plant and
Equipment about Agriculture: Bearer
Plants”.
Penerapan
PSAK
diatas
ini
tidak
memberikan pengaruh material terhadap
laporan keuangan konsolidasian
The adoption of the PSAK above has no
material effect to the consolidated financial
statements.
2.d. Prinsip-prinsip Konsolidasi
Laporan keuangan konsolidasian mencakup
laporan keuangan Perusahaan dan entitasentitas anak seperti disebutkan pada Catatan
1.d.
2.d. Principles of Consolidation
The consolidated financial
statements
incorporate the financial statements of the
Company and Subsidiaries as described in
Note 1.d.
Entitas
anak
adalah
entitas
yang
dikendalikan oleh Grup, yakni Grup
terekspos, atau memiliki hak, atas imbal hasil
variabel dari keterlibatannya dengan entitas
dan
memiliki
kemampuan
untuk
mempengaruhi imbal hasil tersebut melalui
kemampuan
kini
untuk
mengarahkan
aktivitas relevan dari entitas (kekuasaan atas
investee).
A subsidiary is an entity controlled by the
Group, ie the Group is exposed, or has rights,
to variable returns from its involvement with
the entity and has the ability to affect those
returns through its current ability to direct the
entity’s relevant activities (power over the
investee).
PSAK No. 19 “Aset Takberwujud tentang
Klarifikasi Metode yang Diterima untuk
Penyusutan dan Amortisasi”
PSAK No. 66 “Pengaturan Bersama
tentang Akuntansi Akuisisi Kepentingan
dalam Operasi Bersama”.
Catatan terlampir merupakan bagian yang tidak terpisahkan dari
d1/October 31, 2016
14
The accompanying notes form an integral part of these
signed:____
PT INDOPOLY SWAKARSA INDUSTRY Tbk
DAN ENTITAS ANAK
PT INDOPOLY SWAKARSA INDUSTRY Tbk
AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN (Lanjutan)
Per 30 September 2016 (Tidak Diaudit) dan
31 Desember 2015 (Diaudit) dan
Untuk Periode Sembilan Bulan yang Berakhir Pada
30 September 2016 dan 2015 (Tidak Diaudit)
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Continued)
As of September 30, 2016 (Unaudited) and
December 31, 2015 (Audited) and
For Nine Months Periods Ended
September 30, 2016 and 2015 (Unaudited)
Keberadaan dan dampak dari hak suara
potensial dimana Grup memiliki kemampuan
praktis untuk melaksanakan (yakni hak
substantif) dipertimbangkan saat menilai
apakah Grup mengendalikan entitas lain.
The existence and effect of substantive
potential voting rights that the Group has the
practical ability to exercise (ie substantive
rights) are considered when assessing
whether the Group controls another entity.
Laporan keuangan Grup mencakup hasil
usaha, arus kas, aset dan liabilitas dari
Perusahaan dan seluruh entitas anak yang,
secara lagsung dan tidak langsung,
dikendalikan oleh Perusahaan. Entitas anak
dikonsolidasikan
sejak
tanggal
efektif
akuisisi, yaitu tanggal dimana Grup secara
efektif memperoleh pengendalian atas bisnis
yang diakuisisi, sampai tanggal pengendalian
berakhir.
The Group’s financial statements incorporate
the results, cash flows, assets and liabilities
of the Company and all of its directly and
indirectly controlled subsidiaries. Subsidiaries
are consolidated from the effective date of
acquisition, which is the date on which the
Group effectively obtains control of the
acquired business, until that control ceases.
Entitas induk menyusun laporan keuangan
konsolidasian
dengan
menggunakan
kebijakan akuntansi yang sama untuk
transaksi dan peristiwa lain dalam keadaan
yang serupa. Seluruh transaksi, saldo, laba,
beban, dan arus kas dalam intra kelompok
usaha terkait dengan transaksi antar entitas
dalam Grup dieliminasi secara penuh.
A parent prepares consolidated financial
statements using uniform accounting policies
for like transactions and other events in
similar
circumstances.
All
intragroup
transactions, balances, income, expenses