Financial report 2012
PT Citra Tubindo Tbk
dan Entitas Anak/and Subsidiaries
Laporan keuangan konsolidasian
beserta laporan auditor independen
tanggal 31 Desember 2012, 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 serta tahun yang
berakhir pada tanggal-tanggal 31 Desember 2012 dan 2011/
Consolidated financial statements
with independent auditors’ report
as of December 31, 2012, December 31, 2011
and January 1, 2011/December 31, 2010
and years ended December 31, 2012 and 2011
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN KEUANGAN KONSOLIDASIAN BESERTA
LAPORAN AUDITOR INDEPENDEN
TANGGAL 31 DESEMBER 2012,
31 DESEMBER 2011 DAN
1 JANUARI 2011/31 DESEMBER 2010
DAN TAHUN YANG BERAKHIR PADA TANGGALTANGGAL 31 DESEMBER 2012 DAN 2011
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
WITH INDEPENDENT AUDITORS’ REPORT
AS OF DECEMBER 31, 2012,
DECEMBER 31, 2011 AND
JANUARY 1, 2011/DECEMBER 31, 2010
AND YEARS ENDED
DECEMBER 31, 2012 AND 2011
Daftar Isi
Table of Contents
Halaman/
Page
Laporan Auditor Independen
Independent Auditors’ Report
Laporan Posisi Keuangan Konsolidasian .....................
1-2
............ Consolidated Statements of Financial Position
Laporan Laba Rugi Komprehensif
Konsolidasian ........................................................
3
Consolidated Statements of
........................................... Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian .................
4
........... Consolidated Statements of Changes in Equity
Laporan Arus Kas Konsolidasian .................................
5-6
..................... Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan
Konsolidasian .......................................................
7-117
Notes to the Consolidated
................................................ Financial Statements
************************
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
Tanggal 31 Desember 2012, 2011 dan 2010
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL
POSITION
December 31, 2012, 2011 and 2010
(Expressed in U.S. dollars, unless otherwise stated)
Disajikan kembali - Catatan 2 and 34/
As restated - Notes 2 and 34
Catatan/
Notes
2012
1 Januari 2011/
31 Desember 2010/
January 1, 2011/
December 31, 2010
2011
ASET
ASSETS
ASET LANCAR
Kas dan setara kas
CURRENT ASSETS
2e,2o,2t,
4,31,32
2o,2t,5
12,31,32
Piutang usaha
Pihak ketiga - setelah dikurangi
penyisihan atas kerugian penurunan
nilai sebesar AS$9.046.229 pada
tanggal 31 Desember 2012
(31 Desember 2011: AS$746.916;
1 Januari 2011/31 Desember 2010:
AS$1.164.232)
Pihak berelasi
2f,6
Pendapatan yang belum ditagih pihak ketiga
2t,32
Piutang lain-lain pihak ketiga
2o,2t,31,32
2f,2o,2t,6,
Piutang dari pihak-pihak berelasi
31,32
Persediaan - setelah dikurangi
penyisihan keusangan persediaan
sebesar AS$919.500
pada tanggal 31 Desember 2012
(31 Desember 2011: AS$2.616.948;
1 Januari 2011/31 Desember 2010:
AS$3.982.051)
2g,7,12,18
Pajak dibayar di muka
2p
Biaya dibayar di muka dan uang
muka lainnya
2h,8
Deposito berjangka yang
dibatasi penggunaannya
2e,2t,10,32
JUMLAH ASET LANCAR
28.491.903
60.639.445
43.063.013
Cash and cash equivalents
Trade receivables
Third parties - net of allowance for
impairment losses of
US$9,046,229 as of December 31,
2012 (December 31, 2011:
US$746,916; January 1, 2011/
December 31, 2010:
44.941.274
US$1,164,232)
2.655.210
Related parties
Unbilled revenue 190.222
third party
Other receivables 2.263.084
third parties
38.535.535
12.599.794
21.421.786
7.424.985
-
-
272.055
138.740
6.539.698
6.277.235
106.476.721
113.564
76.367.057
233.322
4.065.962
1.419.990
-
2.000.000
-
Restricted time deposits
197.095.232
175.922.560
184.077.846
TOTAL CURRENT ASSETS
177.679
Due from related parties
Inventories - net of allowance
for inventory obsolescence of
US$919,500 as of
December 31, 2012; (December 31,
2011: US$2,616,948;
January 1, 2011/December 31,
88.277.238
2010: US$3,982,051)
71.275
Prepaid taxes
Prepaid expenses and
2.438.851
other advances
ASET TIDAK LANCAR
NON-CURRENT ASSETS
Deposito berjangka yang
dibatasi penggunaannya
2e,2t,10,32
-
-
1.526.753
Taksiran tagihan pajak penghasilan
Aset pajak tangguhan - neto
2o,2p,16,31
2p,16
448.499
1.499.758
709.616
1.557.303
2.127.829
2.302.581
19.307.825
14.549.688
12.922.359
49.914.659
49.932.297
64.602.474
-
2.130.951
4.057.041
44.320
58.218
72.115
Deferred landrights costs - net
Deferred loss on sale-andleaseback transactions
48.526
79.652
59.708
103.539
70.891
187.087
Transferable membership - net
Refundable deposits
Investasi pada entitas asosiasi
2d,2f,9
Aset tetap, setelah dikurangi
akumulasi penyusutan dan
penurunan nilai sebesar
AS$80.543.848 pada tanggal
31 Desember 2012
(31 Desember 2011:
AS$78.983.791;
1 Januari 2011/31 Desember 2010:
AS$99.106.989)
2i,2j,11,12,18
Biaya ditangguhkan hak atas tanah neto
2i,2j,11
Kerugian tangguhan atas jual
dan sewa balik
2l
Hak keanggotaan yang dapat
dipindahkan - neto
Uang jaminan
2o,2t,31,32
JUMLAH ASET TIDAK LANCAR
JUMLAH ASET
Restricted time deposits
Estimated claims for income tax
refund
Deferred tax assets - net
Investments in associated
companies
Property, plant and equipment, net
of accumulated depreciation
and impairment loss
of US$80,543,848 as of
December 31, 2012
(December 31, 2011:
of US$78,983,791;
January 1, 2011/December 31,
2010: US$99,106,989)
71.343.239
69.101.320
87.869.130
TOTAL NON-CURRENT ASSETS
268.438.471
245.023.880
271.946.976
TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
secara keseluruhan.
The accompanying notes to the consolidated financial statements form
an integral part of these consolidated financial statements taken as a
whole.
1
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
(lanjutan)
Tanggal 31 Desember 2012, 2011 dan 2010
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL
POSITION (continued)
As of December 31, 2012, 2011 and 2010
(Expressed in U.S. dollars, unless otherwise stated)
Disajikan kembali - Catatan 2 dan 34/
As restated - Notes 2 and 34
Catatan/
Notes
2012
1 Januari 2011/
31 Desember 2010/
January 1, 2011/
December 31, 2010
2011
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Pinjaman jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain
Utang dividen
Beban masih harus dibayar
Liabilitas imbalan kerja karyawan
jangka pendek
Utang kepada pihak-pihak berelasi
Utang pajak
Pendapatan ditangguhkan
Uang muka pelanggan
Pinjaman jangka panjang yang akan
jatuh tempo dalam satu tahun
LIABILITIES AND EQUITY
2o,2t,12,31,32
2o,2t,13,31,32
2f,6
2o,2t,31,32
2t,32
2o,2t,14,31,32
2o,2t,15,31,32
2f,2o,2t,6,
31,32
2o,2p,16,31
2o,17,31
2l,2o,2t,18,
31,32
JUMLAH LIABILITAS JANGKA
PENDEK
LIABILITAS JANGKA PANJANG
Pinjaman jangka panjang - setelah
dikurangi bagian yang akan jatuh
tempo dalam satu tahun
Liabilitas pajak tangguhan - neto
Liabilitas imbalan kerja karyawan
jangka panjang
CURRENT LIABILITIES
Short-term loans
Trade payables
Third parties
Related parties
Other payables
Dividends payable
Accrued expenses
Short-term employee benefits
liability
21.984.337
10.206.552
29.423.536
17.161.749
49.561.073
1.253.543
83.654
5.011.368
9.815.719
43.574.881
3.150.932
35.707
3.033.283
31.826.356
48.810.455
415.026
42.573
10.148.281
1.202.326
1.495.099
578.351
2.845
4.218.858
70.200
3.492.238
14.156
4.330.771
129.789
249.311
2.166.922
2.922.283
89.509
937.214
6.115.056
4.353.930
5.942.254
Due to related parties
Taxes payable
Deferred income
Advances from customers
Current maturities of long-term
debts
110.157.247
80.390.130
133.302.760
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
2l,2o,2t,
18,31,32
2p,16
10.230.627
35.769
15.930.358
25.595
22.341.830
47.496
2o,2s,30,31
5.406.421
4.597.629
4.835.311
Long-term debts - net of
current maturities
Deferred tax liabilities - net
Long-term employee benefits
liability
15.672.817
20.553.582
27.224.637
TOTAL NON-CURRENT
LIABILITIES
125.830.064
100.943.712
160.527.397
TOTAL LIABILITIES
JUMLAH LIABILITAS JANGKA
PANJANG
JUMLAH LIABILITAS
EKUITAS
EQUITY
EKUITAS YANG DAPAT DIATRIBUSIKAN
KEPADA PEMILIK ENTITAS INDUK
Modal saham
Modal dasar - 3.200.000.000 saham
dengan nilai nominal Rp100
per saham
Modal ditempatkan dan disetor
penuh - 800.000.000 saham
20
Tambahan modal disetor
21
Selisih kurs karena penjabaran
laporan keuangan
Saldo laba
Telah ditentukan penggunaannya
untuk cadangan umum
22b
Belum ditentukan penggunaannya
EQUITY ATTRIBUTABLE TO
THE EQUITY HOLDERS OF THE
PARENT COMPANY
Share capital
Authorized - 3,200,000,000
shares at par value of
Rp100 per share
Issued and fully paid 800,000,000 shares
Capital paid in excess of par value
Difference in foreign currency
translation
Retained earnings
37.934.802
12.764.351
37.934.802
12.764.351
37.934.802
12.764.351
470.151
264.166
119.576
7.613.641
83.729.088
4.213.641
88.834.099
4.213.641
55.501.180
142.512.033
144.011.059
110.533.550
SUB-TOTAL
96.374
69.109
886.029
NON-CONTROLLING
INTERESTS
JUMLAH EKUITAS
142.608.407
144.080.168
111.419.579
TOTAL EQUITY
JUMLAH LIABILITAS DAN
EKUITAS
268.438.471
245.023.880
271.946.976
TOTAL LIABILITIES AND
EQUITY
SUB-JUMLAH
KEPENTINGAN
NONPENGENDALI
2b,19
Catatan atas laporan keuangan konsolidasian terlampir merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
secara keseluruhan.
Appropriated for general reserve
Unappropriated
The accompanying notes to the consolidated financial statements form
an integral part of these consolidated financial statements taken as a
whole.
2
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
Catatan/
Notes
2012
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
PENDAPATAN DARI PENJUALAN
DAN JASA
200.857.791
2f,2m,6,23,27
204.049.028
REVENUE FROM SALES AND
SERVICES
BEBAN POKOK PENJUALAN
DAN JASA
125.718.479
2f,2m,6,24,27
123.180.890
COST OF SALES AND
SERVICES
80.868.138
GROSS PROFIT
LABA KOTOR
Beban umum dan administrasi
Beban penjualan
Pendapatan operasi lainnya
Beban operasi lainnya
LABA USAHA
Bagian atas laba neto entitas
asosiasi
Pendapatan keuangan
Biaya keuangan
75.139.312
(30.123.157)
(7.424.022)
5.988.971
(141.202)
2m,25
2m,25
2f,2m,26,27
2m,26
43.439.902
4.758.137
116.964
(1.443.688)
(17.978.127)
(5.356.653)
4.154.649
(697.993)
60.990.014
2d,2f,9
2m
2m
1.963.329
286.057
(2.106.140)
General and administrative
expenses
Selling expenses
Other operating income
Other operating expenses
INCOME FROM OPERATIONS
Equity in net earnings
of associated companies
Finance income
Finance costs
LABA SEBELUM BEBAN/
(MANFAAT) PAJAK
46.871.315
BEBAN (MANFAAT) PAJAK
Kini
Tangguhan
12.493.019
63.093
11.138.769
(139.262)
Beban Pajak - Neto
12.556.112
10.999.507
Tax Expense - Net
LABA TAHUN BERJALAN
34.315.203
50.133.753
INCOME FOR THE YEAR
213.036
171.074
OTHER
COMPREHENSIVE INCOME
Difference in foreign currency
translation
34.528.239
50.304.827
TOTAL COMPREHENSIVE
INCOME FOR THE YEAR
50.132.919
834
Income for the year attributable to:
Equity holders of the
parent company
Non-controlling interests
2p,16
PENDAPATAN
KOMPREHENSIF LAIN
Selisih kurs karena penjabaran
laporan keuangan
JUMLAH PENDAPATAN
KOMPREHENSIF TAHUN
BERJALAN
61.133.260
Laba tahun berjalan yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali
34.294.989
20.214
2b,19
34.315.203
34.500.974
27.265
50.277.509
27.318
34.528.239
50.304.827
LABA PER SAHAM DASAR
YANG DAPAT DIATRIBUSIKAN
KEPADA PEMILIK ENTITAS INDUK
TAX EXPENSE (BENEFIT)
Current
Deferred
50.133.753
Jumlah pendapatan komprehensif
tahun berjalan yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali
INCOME BEFORE TAX
EXPENSE/(BENEFIT)
2q
0,0429
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
0,0627
Total comprehensive income
for the year attributable to:
Equity holders of the
parent company
Non-controlling interests
BASIC EARNINGS PER SHARE
ATTRIBUTABLE TO
OWNERS OF THE COMPANY
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
3
The consolidated financial statements are originally issued in the Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/
Equity attributable to the equity holders of the parent company
Catatan/
Notes
Saldo per 1 Januari 2011 (sebelum penyajian kembali)
Modal Saham
Ditempatkan
dan Disetor
Penuh/Issued
and Fully Paid
Share Capital
Selisih Neto
Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
in Value of
Restructuring
Transactions
between Entities
under Common
Control
Tambahan
Modal Disetor/
Additional
Paid-in Capital
Belum
Ditentukan
Penggunaannya/
Unappropriated
-
381.143
(1.607.234)
-
37.934.802
12.764.351
-
119.576
4.213.641
-
-
-
-
Laba tahun berjalan
-
-
-
Entitas anak yang didivestasi
-
-
-
Pendapatan komprehensif lain
-
-
-
Saldo 31 Desember 2011
37.934.802
12.764.351
-
Saldo per 1 Januari 2012 (sebelum penyajian kembali)
37.934.802
12.764.351
-
Saldo per 1 Januari 2011 (setelah penyajian kembali)
-
Cadangan
Umum/
Appropriated
for
General
Reserve
1.726.810
34
12.764.351
Saldo Laba/Retained Earnings
(381.143)
Penyajian kembali
37.934.802
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Difference in
Foreign
Currency
Translation
4.213.641
55.964.247
(463.067)
Kepentingan
Nonpengendali/
Non-controlling
Interests
Jumlah/
Total
112.222.708
(1.689.158)
Jumlah
Ekuitas/
Total
Equity
922.990
(36.961)
(1.726.119)
Restatement
110.533.550
-
(16.800.000)
(16.800.000)
-
-
50.132.919
50.132.919
-
-
-
-
-
-
264.166
4.213.641
(381.143)
1.628.595
4.213.641
-
381.143
(1.364.429)
37.934.802
12.764.351
-
264.166
4.213.641
88.834.099
144.011.059
69.109
144.080.168
Balance, January 1, 2012 (after restatement)
-
-
-
-
3.400.000
(3.400.000)
-
-
-
Appropriation for General Reserve
-
-
-
-
-
(36.000.000)
(36.000.000)
Laba tahun berjalan
-
-
-
-
-
34.294.989
34.294.989
20.214
34.315.203
Income for the year
Pendapatan komprehensif lain
-
-
-
205.985
-
-
205.985
7.051
213.036
Other comprehensive income
37.934.802
12.764.351
-
470.151
7.613.641
83.729.088
142.512.033
96.374
142.608.407
Balance, December 31, 2012
22a
Penyajian kembali
34
Saldo per 1 Januari 2012 (setelah penyajian kembali)
Tambahan Saldo Laba Cadangan Umum
Dividen
22a
Saldo 31 December 2012
144.590
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
-
834
111.419.579
Balance, January 1, 2011 (before restatement)
55.501.180
Dividen
886.029
113.145.698
(16.800.000)
50.133.753
Balance, January 1, 2011 (after restatement)
Dividends
Income for the year
(844.238)
(844.238)
144.590
26.484
171.074
Other comprehensive income
88.834.099
144.011.059
69.109
144.080.168
Balance, December 31, 2011
89.040.519
145.200.765
78.533
145.279.298
Balance, January 1, 2012 (before restatement)
(206.420)
(1.189.706)
(9.424)
-
(1.199.130)
(36.000.000)
Divestment of subsidiaries
Restatement
Dividends
The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken
as a whole.
4
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
Catatan/
Notes
2012
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan tunai dari pelanggan
Pembayaran tunai kepada pemasok
dan karyawan
Penerimaan dari:
Tagihan pajak penghasilan
Penghasilan bunga
Penghasilan lain-lain - neto
Pembayaran untuk:
Pajak
Beban usaha lainnya
Bunga pinjaman dan beban
administrasi bank lainnya
Kas Neto yang Diperoleh dari
Aktivitas Operasi
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars,
unless otherwise stated)
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
193.075.811
201.716.048
(165.113.690)
(153.508.087)
27.962.121
48.207.961
101.619
116.964
1.610.757
2.538.335
286.065
1.354.567
(14.484.541)
(12.276.019)
(9.739.225)
(7.442.356)
(1.065.772)
(1.905.304)
Receipts from:
Claim for income tax refund
Interest income
Other income - net
Payments for:
Taxes
Other operating expenses
Loan interest and other
bank charges
1.965.129
33.300.043
Net Cash Provided by
Operating Activities
ARUS KAS DARI AKTIVITAS
INVESTASI
Hasil penjualan aset tetap
Uang jaminan
Perolehan aset tetap
Penurunan (penambahan) piutang
dari pihak berelasi
Penerimaan dividen kas dari
perusahaan asosiasi
Kas Neto yang Digunakan untuk
Aktivitas Investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penurunan (penambahan) deposito
berjangka yang dibatasi
penggunaannya
Penerimaan dari penerbitan saham
Entitas Anak
Kenaikan utang dari pihak-pihak
berelasi
Pembayaran dividen kas
Penerimaan dari pinjaman
jangka pendek
Pembayaran pinjaman
jangka pendek
CASH FLOWS FROM
OPERATING ACTIVITIES
Cash received from customers
Cash paid to suppliers and
employees
1.806.679
5.576
11
(4.388.784 )
874.561
(4.925.497)
(166.902)
444.263
-
336.000
(2.743.431)
(3.270.673)
CASH FLOWS FROM
INVESTING ACTIVITIES
Proceeds from sale of property,
plant and equipment
Guarantee Deposit
Acquisitions of property, plant
and equipment
Decrease (increase) in due from
related parties
Cash dividends received from
an associated company
Net Cash Used In
Investing Activities
CASH FLOWS FROM
FINANCING ACTIVITIES
25.805.000
222.228
Decrease (increase) of
restricted time deposits
Proceeds from the issuance
of Subsidiary’s capital stock
Increase in due to related
parties
Payments of cash dividends
Proceeds from shortterm loans
(19.196.196)
-
Payments of short-term loan
2.000.000
(473.247)
1.101
-
1.170
(36.000.000)
15.807
(16.800.000)
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
5
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan)
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
Catatan/
Notes
2012
ARUS KAS DARI AKTIVITAS
PENDANAAN (lanjutan)
Pembayaran cicilan pinjaman
jangka panjang
Penjualan investasi Entitas Anak
setelah dikurangi kas dan setara kas
Entitas Anak tersebut sebesar
AS$3.275.834
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(continued)
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars,
unless otherwise stated)
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
CASH FLOWS FROM FINANCING
ACTIVITIES (continued)
Payments of long-term
(2.594.892)
debt installments
Sale of investment in Subsidiaries
net of cash and cash equivalent
of those Subsidiaries of
7.145.100
US$3,275,834
(4.007.406)
-
Kas Neto yang Digunakan untuk
Aktivitas Pendanaan
(31.396.331)
(12.485.004)
KENAIKAN/(PENURUNAN) NETO
KAS DAN SETARA KAS
(32.174.633)
17.544.366
NET INCREASE/(DECREASE) IN
CASH AND CASH EQUIVALENTS
27.091
32.066
NET EFFECTS OF CHANGES
IN EXCHANGE RATES ON
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS
AWAL TAHUN
60.639.445
43.063.013
CASH AND CASH EQUIVALENTS
AT BEGINNING OF YEAR
KAS DAN SETARA KAS
AKHIR TAHUN
28.491.903
60.639.445
CASH AND CASH EQUIVALENTS
AT END OF YEAR
DAMPAK NETO PERUBAHAN
NILAI TUKAR ATAS
KAS DAN SETARA KAS
4
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
Net Cash Used In
Financing Activities
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
6
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
UMUM
a.
b.
1. GENERAL
Pendirian Perusahaan
a.
Company’s establishment
PT Citra Tubindo Tbk (Perusahaan) didirikan
pada tanggal 23 Agustus 1983 berdasarkan
akta notaris R. Sudibio Djojopranoto, S.H.
No. 78. Akta pendirian ini disetujui oleh
Menteri Kehakiman Republik Indonesia
dengan
Surat
Keputusan
No.
C23168.HT.01.01.Th.85 tanggal 25 Mei 1985
serta diumumkan dalam Lembaran Berita
Negara No. 81 Tambahan No. 1208 tanggal
8 Oktober 1985. Anggaran dasar Perusahaan
telah mengalami beberapa kali perubahan,
terakhir dengan akta notaris Maria Hilaria
Salim, S.H. No. 39 tanggal 26 Juni 2008, untuk
memenuhi ketentuan Undang-undang No. 40
periode 2007 mengenai Undang-undang
Perseroan Terbatas. Perubahan terakhir ini
disetujui oleh Menteri Hukum dan Hak
Asasi
Manusia
dengan
Surat
No. AHU-76795.AH.01.02-TH.2008
tanggal
23 Oktober 2008 serta diumumkan dalam
Lembaran Berita Negara No. 105 Tambahan
No. 30268 tanggal 30 Desember 2008.
PT Citra Tubindo Tbk (the Company) was
incorporated on August 23, 1983 based on the
notarial deed No. 78 of R. Sudibio Djojopranoto,
S.H. The Company’s article of association was
approved by the Ministry of Justice of the
Republic of Indonesia in its Decision
Letter No. C2-3168.HT.01.01.Th.85 dated
May 25, 1985 and was published in the State
Gazette No. 81 Supplement No. 1208 dated
October 8, 1985. The articles of association has
been amended several times, most recently
covered by notarial deed No. 39 of Maria Hilaria
Salim, S.H., dated June 26, 2008 concerning
the changes in the Company’s articles of
association to conform with Law No. 40
period 2007. The latest amendment has been
approved by the Ministry of Laws and Human
Rights in its Letter No. AHU-76795.AH.01.02TH.2008 dated October 23, 2008 and was
published in the State Gazette No. 105
Supplement No. 30268 dated December 30,
2008.
Perusahaan memulai kegiatan komersialnya
yang meliputi penyediaan fasilitas untuk
industri minyak yang mencakup jasa
penguliran pipa dan pembuatan aksesoris,
pada tahun 1984, serta mulai menyediakan
jasa pemrosesan pemanasan pipa baja tanpa
kampuh (seamless) pada tahun 1992.
The Company started its commercial operations
in providing facilities for the oil industry,
including finishing and threading of pipes and
manufacturing of accessories, in 1984, and
started providing services on heat treatment
process for seamless pipes in 1992.
Kantor pusat Perusahaan dan pabriknya
terletak di Kabil Industrial Estate, Jln. Hang
Kesturi I Km 4, Kabil, Batam. Hasil produksi
Perusahaan dipasarkan di pasar lokal dan
diekspor ke Jepang, Amerika Serikat, Kanada,
Australia, Timur Tengah, Afrika dan Asia.
The Company’s head office and its factory are
located in Kabil Industrial Estate, Jln. Hang
Kesturi I Km 4, Kabil, Batam. The Company’s
products are marketed domestically and
exported to Japan, United States, Canada,
Australia, Middle East, Africa and Asia.
Vallourec SA, sebuah perusahaan yang
didirikan di Perancis, adalah entitas induk
terakhir Perusahaan dan Entitas Anak.
Vallourec SA, a company incorporated in
France, is the ultimate parent company of the
Company and Subsidiaries.
Penawaran umum efek Perusahaan
b.
Kebijakan
Perusahaan
yang
dapat
mempengaruhi
efek
yang
diterbitkan
(corporate actions) sejak tanggal penawaran
umum perdana sampai dengan tanggal
31 Desember 2012 adalah sebagai berikut:
Company’s public offering
The Company’s corporate actions from the date
of its initial public offering up to December 31,
2012 are as follows:
7
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
b.
1. GENERAL (continued)
Penawaran umum efek Perusahaan
(lanjutan)
Tahun/
Year
Kebijakan Perusahaan/
Nature of Corporate Action
1989 *)
Penawaran umum perdana/
Initial public offering
1990
Pencatatan saham Perusahaan/
Shares listing
1992
b.
Company’s public offering (continued)
Saham Ditempatkan
dan
Disetor Penuh/
Number of
Issued and
Fully Paid Shares
1.600.000
3.600.000
Penawaran umum kedua/
Second public offering
1993
1994
1999
2009
800.000
Saham bonus kepada pemegang saham dengan
ketentuan empat (4) saham baru untuk setiap
satu (1) saham yang dimiliki/Bonus dividends
which entitled each shareholder to receive four (4)
new shares for every one (1) existing share held
24.000.000
Penawaran umum terbatas I/
Limited public offering I
15.000.000
Penawaran umum terbatas II/
Limited public offering II
5.000.000
Saham bonus kepada pemegang saham dengan
ketentuan tiga (3) saham baru untuk setiap lima (5)
saham yang dimiliki/Bonus dividend which entitled
each shareholder to receive three (3) new shares
for every five (5) existing shares held
30.000.000
Pemecahan saham dengan ketentuan
sepuluh (10) saham untuk setiap satu (1) saham/
Stock split which entitled ten (10) shares for every
one (1) existing share
720.000.000
Jumlah/
Total
*)
800.000.000
Penawaran umum perdana berlaku efektif
pada tanggal 28 November 1989.
*)
Seluruh saham Perusahaan, dengan nilai
nominal Rp100 per saham, telah dicatatkan di
Bursa Efek Indonesia.
The effective date of the initial public
offering was on November 28, 1989.
All of the Company’s shares, which have a par
value of Rp100 each share, are listed on the
Indonesia Stock Exchange.
8
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
c.
Pada
tanggal
31
Desember
2012,
31 Desember
2011,
dan
1
Januari
2011/31 Desember 2010, struktur Perusahaan
dan Entitas Anak adalah sebagai berikut:
Corporate Structure and Subsidiaries
As of December 31, 2012, December 31, 2011,
and January 1, 2011/December 31, 2010, the
Corporate structure and the Subsidiaries are as
follows:
Persentase Kepemilikan
(Langsung dan Tidak
Langsung) (%)/
Percentage
of Ownership
(Direct and Indirect) (%)
Entitas Anak/
Subsidiaries
PT Hymindo Petromas
Utama (HPU)
2012
2011
99,90
99,90
NSCT Premium
Tubulars BV
(NSCT BV)
100,00
100,00
NS Connection
Technology Inc.
(NSCT Inc) melalui/
through NSCT BV
100,00
NS Connection
Technology
Pte Ltd
(NSCT PL)
Jumlah Aset/
Total Assets
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
Bidang
Usaha/
Scope of
Activities
99,90 Sambungan pipa
ulir/
Thread
connection
Saat
Dimulainya
Kegiatan
Usaha/
Start of
Commercial
Operations
Domisili/
Domicile
31 Des./
Dec. 31,
2012
31 Des./
Dec. 31
2011
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
1988
Batam
2.861.971
2.586.276
2.557.270
100,00 Pemegang
paten/
Patent
holder
2003
Belanda/
Netherlands
1.291.725
1.145.763
1.230.281
100,00
100,00 Pemegang
lisensi/
Master
licensor
2003
Amerika
Serikat/
United States
of America
3.152.134
3.026.050
3.913.938
100,00
100,00
100,00 Jasa dukungan
teknis/
Technical
support
2002
Singapura/
Singapore
1.935.618
1.543.606
1.267.026
Citra Tubindo
(International)
Pte Ltd (CTI)
100,00
100,00
100,00 Jasa dukungan
teknis/
Technical
support
2004
Singapura/
Singapore
18.731.185
11.488.278
6.666.976
Citra Tubindo
Australia
Pty Ltd melalui/
through CTI
100,00
100.00
2011
Australia/
Australia
230.733
101
-
PT Sarana Citranusa
Kabil (SC)
99,92
99,92
2000
Batam
28.657.127
29.827.112
30.226.177
PT Citra Pembina
Pengangkutan
Industries (CPPI)
melalui/through
SC
98,92
98,92
99,92 Jasa
logistik/
Logistic
services
98,92 Jasa
angkutan/
Transportation
services
1984
Batam
14.100.283
15.247.872
13.848.981
PT Citra Madya
Cargindo
(CMC) melalui/through
CPPI
97,92
97,92
97,92 Jasa bongkar muat/
Stevedoring
services
1989
Batam
2.173.080
1.661.275
1.322.370
PT Pelayaran
Citranstirta
Tatasarana
(PCT) melalui/
through CPPI
99,92
99,92
99,92 Jasa
pengapalan/
Shipping
services
1990
Batam
1.682.894
1.540.159
720.414
PT Citra Pembina
Logistik
(CPL) melalui/
through CPPI
99,91
99,91
99,91 Jasa
logistik/
Logistic
services
2006
Batam
2.164.776
2.558.204
1.179.082
- Perdagangan pipa
baja/
Steel pipes
trading
9
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
(lanjutan)
c. Corporate
Structure
(continued)
and
Persentase Kepemilikan
(Langsung dan Tidak
Langsung) (%)/
Percentage
of Ownership
(Direct and Indirect) (%)
Entitas Anak/
Subsidiaries
2012
Jumlah Aset/
Total Assets
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
2011
PT Bandar Kabil
Indonusa
(BKI) melalui/through
CPPI
99,05
99,05
PT Citra Sarana Baja
(CSB)
99,00
-
PT Dwi Sumber
Arca Waja (DSAW)
-
-
PT Citra Tubindo
Engineering (CTE)
-
PT Citra Byard (CB)
-
Subsidiaries
Bidang
Usaha/
Scope of
Activities
Saat
Dimulainya
Kegiatan
Usaha/
Start of
Commercial
Operations
99,05 Jasa
pelabuhan/
Port
services
Domisili/
Domicile
31 Des./
Dec. 31,
2012
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
31 Des./
Dec. 31
2011
2000
Batam
4.590
6.156
7.000
2012
Batam
30.656
-
-
91,08 Pengelasan pipa
double submerged
arc-welding/
Double submerged
arc-welding of pipes
1998
Batam
-
-
32.059.998
-
99,99 Produksi, jasa
perbaikan dan
perawatan
peralatan industri
minyak dan gas/
Fabrication, repair and
maintenance services
for oil and gas industry
equipment
2007
Batam
-
-
24.315.242
-
81,31 Produksi pengelasan
pipa dan aksesoris/
Manufacturing welded
pipes and accessories
2000
Batam
-
-
2.382.309
- Pembuatan pipa
tanpa kampuh,
penguliran pipa
dan jasa terkait/
Manufacturing of
seamless pipe,
pipe threading
and services
Pada tanggal 13 Februari 2012, Perusahaan
mendirikan entitas anak baru dengan
kepemilikan 99% dengan nama PT Citra
Sarana Baja (CSB) di Batam dengan modal
saham dasar, modal ditempatkan dan modal
disetor sebesar Rp1.000.000.000. CSB
bergerak dalam bidang pembuatan pipa tanpa
kampuh, penguliran pipa dan jasa terkait.
On February 13, 2012, the Company established
a new subsidiary with 99% ownership under the
name PT Citra Sarana Baja (CSB) in Batam with
authorized, issued and paid-up share capital of
Rp1,000,000,000.
CSB
is
engaged
in
manufacturing seamless pipe, pipe threading and
services.
Pada tanggal 15 November 2011, CTI
mendirikan perusahaan dengan kepemilikan
100% bernama Citra Tubindo Australia
Pty Ltd (CTA) di Australia dengan modal
saham dasar sebesar AU$100 dan setoran
saham sebesar AU$100. CTA bergerak dalam
bidang perdagangan pipa baja untuk
perusahaan-perusahaan minyak dan gas di
Australia.
On November 15, 2011, CTI established a wholly
owned subsidiary, Citra Tubindo Australia Pty Ltd
(CTA) in Australia with authorized share capital
of AU$100 and paid-up share capital of AU$100.
CTA is engaged in steel pipes trading for oil and
gas companies in Australia.
10
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
(lanjutan)
c. Corporate
Structure
(continued)
and
Subsidiaries
Pada tanggal 23 Juli 2011, Perusahaan
mendirikan entitas anak dengan kepemilikan
100% bernama Citra Tubindo Middle East FZE
(CTME) di Ras Al Khaimah, Uni Emirat Arab,
dengan modal saham dasar sebesar
AED100.000 dan setoran saham sebesar
AED24.040. CTME bergerak dalam bidang
perdagangan dan pemasangan pipa, peralatan
ladang minyak dan gas alam serta
perdagangan suku cadang.
On July 23, 2011, the Company established a
wholly-owned subsidiary, Citra Tubindo Middle
East FZE (CTME) in Ras Al Khaimah, United
Arab Emirates with authorized share capital of
AED100,000 and paid-up share capital of
AED24,040. CTME is engaged in pipes fittings
and trading, oilfield and natural gas equipment
and spare parts trading.
Pada tanggal 19 Desember 2011, Perusahaan
membatalkan pendaftaran CTME di Ras Al
Khaimah, Uni Emirat Arab, karena revisi dalam
strategi pemasaran untuk Timur Tengah.
On December 19, 2011, the Company cancelled
the registration of CTME in Ras Al Khaimah,
United Arab Emirates due to revision in
marketing strategy for the Middle East.
Pada tanggal 17 Februari 2011, Perusahaan
menandatangani perjanjian pelepasan 100%
kepemilikan saham CTE dan CB kepada
DSAW sebesar AS$420.954. Perusahaan
menerima pembayaran dari divestasi tersebut
di bulan yang sama.
On February 17, 2011, the Company signed an
agreement for the divestment of 100% shares of
CTE and CB to DSAW amounting to
US$420,954. The Company received the
payment on the same month.
Pada tanggal yang sama, Perusahaan juga
menandatangani perjanjian pelepasan 100%
kepemilikan saham DSAW kepada PT Citra
Agramasinti Nusantara (CAN) sebesar
AS$12.197.880. Perusahaan baru menerima
pembayaran dari divestasi tersebut sebesar
AS$10.000.000 pada tanggal 24 Februari
2011, dan sisanya sebesar AS$2.197.880
dicatat sebagai bagian dari akun “Piutang dari
pihak-pihak berelasi”.
On the same date, the Company also signed an
agreement for the divestment of 100% shares of
DSAW to PT Citra Agramasinti Nusantara (CAN)
amounting to US$12,197,880. The Company
received
the
payment
amounting
to
US$10,000,000 on February 24, 2011, and the
remaining balance amounting to US$2,197,880
is presented as part of “Due from related parties”.
Sejak tanggal 17 Februari 2011, CTE, CB dan
DSAW bukan merupakan entitas anak dan
Perusahaan tidak lagi mengkonsolidasi
laporan keuangan CTE, CB dan DSAW.
Starting February 17, 2011, CTE, CB and DSAW
are no longer the Company’s subsidiaries and
are no longer included in the Group’s
consolidated financial statements.
Pada tanggal 25 Mei 2011, CTI meningkatkan
modal
dasar
dari
Sin$500.000
ke
Sin$2.500.000. Peningkatan modal dasar ini
seluruhnya disetor oleh Perusahaan sebesar
Sin$2.000.000
(setara
dengan
AS$1.623.513).
On May 25, 2011, CTI increased its authorized
share
capital
from
Sin$500,000
to
Sin$2,500,000. The additional authorized share
capital had been fully paid by the Company
amounting to Sin$2,000,000 (equivalent to
US$1,623,513).
Pada tanggal 1 Oktober 2012, CTI
meningkatkan
modal
dasar
dari
Sin$2.500.000
ke
Sin$3.500.000.
Peningkatan modal dasar ini seluruhnya
disetor Perusahaan sebesar Sin$1.000.000
(setara dengan AS$ 812.348).
On October 1, 2012, CTI increased its authorized
share
capital
from
Sin$2,500,000
to
Sin$3,500,000. The additional authorized share
capital had been fully paid by the Company
amounting to Sin$1,000,000 (equivalent to
US$812,348).
11
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
d.
1. GENERAL (continued)
Karyawan, dewan komisaris dan direksi
d. Employees, boards of commissioners and
directors
Susunan anggota dewan komisaris dan
direksi Perusahaan pada tanggal-tanggal
31 Desember 2012, 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 adalah
sebagai berikut:
The members of the Company’s boards of
commissioners and directors as of December 31,
2012, December 31, 2011 and January 1,
2011/December 31, 2010 are as follows:
31 Desember 2012/December 31, 2012
Dewan Komisaris
Komisaris Utama
Komisaris Independen
Komisaris Independen
Komisaris
Komisaris
Direksi
Direktur Utama
Direktur Keuangan
Direktur Umum
Direktur Pemasaran
Direktur Teknik
Direktur Investasi
Direktur Tidak Terafiliasi
:
DR. Ir. Suyitno Patmosukismo, M.H
:
Sri Murwardjo Srimardji MSC, FSA.I
Profesor Doktor Johanes Berchmans Kristiadi Pudjosukanto
Doktor Ingenieur Ilham Akbar Habibie
Jean-Pierre, Robert, Luc Michel
:
Kris Taenar Wiluan
:
Hedy Wiluan (Hedy Kurniawan)
Drs. Frankie Setiadi
Herman Hermanto
DR. Adam Paul Brunet BA MA D.Phil FIEE C.Eng.
Didier, Maurice, Francis Hornet
Tjetjep Muljana
Board of Commissioners
President Commissioner
Independent Commissioner
Independent Commissioner
Commissioner
Commissioner
Directors
President Director
Finance Director
General Affairs Director
Marketing Director
Technical Director
Investment Director
Unaffialiated Director
31 Desember 2011 dan 1 Januari 2011/31 Desember 2010 / December 31, 2011 and January 1, 2011/December 31,2010
Dewan Komisaris
Komisaris Utama
Komisaris Independen
Komisaris Independen
Komisaris
Komisaris
Direksi
Direktur Utama
Direktur Keuangan
Direktur Umum
Direktur Pemasaran
Direktur Teknik
Direktur Investasi
:
DR. Ir. Suyitno Patmosukismo, M.H
:
Sri Murwardjo Srimardji MSC, FSA.I
Profesor Doktor Johanes Berchmans Kristiadi Pudjosukanto
Doktor Ingenieur Ilham Akbar Habibie
Jean-Pierre, Robert, Luc Michel
:
Kris Taenar Wiluan
:
Hedy Wiluan (Hedy Kurniawan)
Drs. Frankie Setiadi
Herman Hermanto
DR. Adam Paul Brunet BA MA D.Phil FIEE C.Eng.
Didier, Maurice, Francis Hornet
Board of Commissioners
President Commissioner
Independent Commissioner
Independent Commissioner
Commissioner
Commissioner
Directors
President Director
Finance Director
General Affairs Director
Marketing Director
Technical Director
Investment Director
Pada
tanggal
31
December
2012,
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010, Perusahaan dan
Entitas Anak (Grup) memiliki masing-masing
814, 790 dan 1.542 karyawan (tetap dan
temporer) (tidak diaudit).
As of December 31, 2012, December 31, 2011
and January 1, 2011/December 31, 2010, the
Company and Subsidiaries (the Group) has a
total of 814, 790 and 1,542 employees,
respectively (both permanent and temporary)
(unaudited).
Jumlah kompensasi imbalan kerja jangka
pendek
yang
diterima
oleh
personil
manajemen kunci Grup (dewan komisaris dan
direksi) untuk tahun yang berakhir pada
tanggal-tanggal 31 Desember 2012 dan 2011,
masing-masing sebesar
Rp13.530.000.000
(setara AS$1.393.590) dan Rp12.293.000.000
(setara AS$1.355.646).
The total amount of short-term employee
benefits compensation received by the Group’s
key management personnel (boards of
commissioners and directors) for the years
ended December 31, 2012 and 2011 amounted
to
Rp13,530,000,000
(equivalent
to
US$1,393,590)
and
Rp12,293,000,000
(equivalent to US$1,355,646), respectively.
12
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
e.
1. GENERAL (continued)
Pengesahan untuk penerbitan
keuangan konsolidasian
laporan
e.
Penerbitan laporan keuangan konsolidasian
Grup pada tanggal 31 Desember 2012,
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010 dan untuk tahun
yang
berakhir
pada
tanggal-tanggal
31 Desember 2012 dan 2011 telah disetujui
dan disahkan oleh Direksi pada tanggal
18 Februari 2013.
2.
Dasar
penyajian
konsolidasian
laporan
of
the
The issuance of the consolidated financial
statements of the Group as of December 31,
2012, December 31, 2011 and January 1,
2011/December 31, 2010 and for the years
ended December 31, 2012 and 2011 was
approved and authorized by the Board of
Directors on February 18, 2013.
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
a.
Authorization for the issuance
consolidated financial statements
2. SUMMARY
POLICIES
keuangan
a.
OF
SIGNIFICANT
ACCOUNTING
Basis of presentation of the consolidated
financial statements
Laporan keuangan konsolidasian telah disusun
sesuai dengan Standar Akuntansi Keuangan
(“SAK”), yang dikeluarkan oleh Dewan Standar
Akuntansi
Keuangan
Ikatan
Akuntan
Indonesia. Laporan keuangan konsolidasian
juga disusun sesuai dengan Peraturan Badan
Pengawas Pasar Modal dan Lembaga
Keuangan (Bapepam-LK) No. VIII.G.7 tentang
“Penyajian dan Pengungkapan Laporan
Keuangan Emiten atau Perusahaan Publik”
yang terlampir dalam Lampiran Keputusan
Ketua Bapepam-LK No. KEP-347/BL/2012
tanggal 25 Juni 2012.
The consolidated financial statements have
been prepared in accordance with Indonesian
Financial Accounting Standards (“SAK”) issued
by the Board of Financial Accounting Standards
of the Indonesian Institute of Accountants. The
consolidated financial statements have been
also prepared in accordance with Indonesian
Capital Market and Financial Institutions
Supervisory Agency (Bapepam-LK) Regulation
No. VIII.G.7 regarding “Financial Statements
Presentations and Disclosures for Issuers or
Public Companies” included in the Appendix of
the Decision of the Chairman of Bapepam-LK
No. KEP-347/BL/2012 dated June 25, 2012.
Seperti diungkapkan dalam catatan-catatan
terkait di bawah ini, beberapa standar
akuntansi yang telah direvisi dan diterbitkan,
diterapkan efektif tanggal 1 Januari 2012
secara prospektif maupun retrospektif. Oleh
karena itu, laporan keuangan konsolidasian
Grup tanggal 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 dan untuk
tahun
yang
berakhir
pada
tanggal
31 Desember 2011, telah disajikan kembali.
As disclosed further in the relevant succeeding
notes, several amended and published
accounting standards were adopted effective on
January
1,
2012,
prospectively
or
retrospectively. Accordingly, the consolidated
financial statements of the Group as of
December 31, 2011 and January 1,
2011/December 31, 2010 and for the year
ended December 31, 2011, have been restated.
Laporan keuangan konsolidasian disusun
sesuai dengan PSAK No. 1 (Revisi 2009),
“Penyajian
Laporan
Keuangan”
yang
diterapkan pada tanggal 1 Januari 2011.
The consolidated financial statements are
prepared in accordance with PSAK No. 1
(Revised 2009), “Presentation of Financial
Statements” which is adopted on January 1,
2011.
13
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
2.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
(lanjutan)
a.
Dasar
penyajian
laporan
konsolidasian (lanjutan)
2. SUMMARY OF SIGNIFICANT
POLICIES (continued)
keuangan
a.
ACCOUNTING
Basis of presentation of the consolidated
financial statements (continued)
Kebijakan akuntansi yang diterapkan dalam
penyusunan laporan keuangan konsolidasian
adalah selaras dengan kebijakan akuntansi
yang diterapkan dalam penyusunan laporan
keuangan
konsolidasian
pada
tanggal
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010 dan untuk tahun yang
berakhir pada tanggal 31 Desember 2011,
kecuali bagi penerapan beberapa SAK yang
telah direvisi efektif sejak tanggal 1 Januari
2012 seperti yang telah diungkapkan pada
catatan ini.
The accounting policies adopted in the
preparation of the consolidated financial
statements are consistent with those made in
the preparation of the consolidated financial
statements as of December 31, 2011 and
January 1, 2011/December 31, 2010 and for the
year ended December 31, 2011, except for the
adoption of amended SAKs effective on
January 1, 2012 as disclosed in this note.
Laporan keuangan konsolidasian disusun atas
dasar
akrual
(accrual
basis)
dengan
menggunakan
konsep
biaya
perolehan
(historical cost), kecuali untuk hal-hal seperti
yang diungkapkan dalam catatan berikut yang
relevan.
The consolidated financial statements have
been prepared on the accrual basis using the
historical cost concept, except as disclosed in
the relevant notes herein.
Laporan arus kas konsolidasian menyajikan
penerimaan dan pengeluaran kas dan setara
kas yang dikelompokkan dalam aktivitas
operasi, investasi dan pendanaan. Arus kas
dari aktivitas operasi disajikan dengan
menggunakan metode langsung.
The consolidated statements of cash flows
present receipts and payments of cash and
cash equivalents classified into operating,
investing and financing activities. The cash
flows from operating activities are presented
using the direct method.
Menteri Keuangan Republik Indonesia dalam
Surat Keputusan No. KEP-654/PJ.42/1998
tanggal 2 Desember 1998, menyetujui
permohonan Perusahaan untuk menggunakan
bahasa Inggris dan mata uang dolar Amerika
Serikat (AS) dalam mencatat transaksi dan
pembukuan
Perusahaan
mulai
tanggal
1 Januari 1999. Sejak tanggal tersebut,
Perusahaan mengubah mata uang pelaporan
dan pencatatannya dari rupiah menjadi dolar
AS, sebagai mata uang fungsionalnya, sesuai
dengan PSAK No. 52, “Mata Uang Pelaporan”.
Dolar AS telah memenuhi kriteria sebagai mata
uang fungsionalnya sesuai dengan PSAK
No. 52, karena hampir seluruh penjualan
Perusahaan ditagih dan diterima dalam dolar
AS, mesin dan bahan baku diimpor dari luar
negeri dan beban-beban yang signifikan
seperti beban subkontrak, biaya pengiriman,
royalti dan gaji tenaga asing dinyatakan dan
terutang dalam dolar AS.
The Ministry of Finance of the Republic of
Indonesia,
in
its
Decision
Letter
No. KEP-654/PJ.42/1998 dated December 2,
1998, approved the Company’s application to
maintain its accounting records and conduct its
transactions in the English language and United
States dollar (U.S. dollar) currency, starting
January 1, 1999. Effective on this date, the
Company changed its reporting and recording
currency from rupiah to U.S. dollar, its functional
currency, in accordance with PSAK No. 52,
“Reporting Currency”. The U.S. dollar is
considered as the Company’s functional
currency based on PSAK No. 52, since most of
the Company’s sales are billed and collectible in
U.S. dollar, machineries and raw materials are
imported and major expenses such as subcontract charges, delivery cost, royalty fees and
expatriates’ payroll are denominated and
payable in U.S. dollar.
Lihat juga pada Catatan 2o untuk Implementasi
PSAK
dan Entitas Anak/and Subsidiaries
Laporan keuangan konsolidasian
beserta laporan auditor independen
tanggal 31 Desember 2012, 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 serta tahun yang
berakhir pada tanggal-tanggal 31 Desember 2012 dan 2011/
Consolidated financial statements
with independent auditors’ report
as of December 31, 2012, December 31, 2011
and January 1, 2011/December 31, 2010
and years ended December 31, 2012 and 2011
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN KEUANGAN KONSOLIDASIAN BESERTA
LAPORAN AUDITOR INDEPENDEN
TANGGAL 31 DESEMBER 2012,
31 DESEMBER 2011 DAN
1 JANUARI 2011/31 DESEMBER 2010
DAN TAHUN YANG BERAKHIR PADA TANGGALTANGGAL 31 DESEMBER 2012 DAN 2011
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
WITH INDEPENDENT AUDITORS’ REPORT
AS OF DECEMBER 31, 2012,
DECEMBER 31, 2011 AND
JANUARY 1, 2011/DECEMBER 31, 2010
AND YEARS ENDED
DECEMBER 31, 2012 AND 2011
Daftar Isi
Table of Contents
Halaman/
Page
Laporan Auditor Independen
Independent Auditors’ Report
Laporan Posisi Keuangan Konsolidasian .....................
1-2
............ Consolidated Statements of Financial Position
Laporan Laba Rugi Komprehensif
Konsolidasian ........................................................
3
Consolidated Statements of
........................................... Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian .................
4
........... Consolidated Statements of Changes in Equity
Laporan Arus Kas Konsolidasian .................................
5-6
..................... Consolidated Statements of Cash Flows
Catatan atas Laporan Keuangan
Konsolidasian .......................................................
7-117
Notes to the Consolidated
................................................ Financial Statements
************************
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
Tanggal 31 Desember 2012, 2011 dan 2010
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL
POSITION
December 31, 2012, 2011 and 2010
(Expressed in U.S. dollars, unless otherwise stated)
Disajikan kembali - Catatan 2 and 34/
As restated - Notes 2 and 34
Catatan/
Notes
2012
1 Januari 2011/
31 Desember 2010/
January 1, 2011/
December 31, 2010
2011
ASET
ASSETS
ASET LANCAR
Kas dan setara kas
CURRENT ASSETS
2e,2o,2t,
4,31,32
2o,2t,5
12,31,32
Piutang usaha
Pihak ketiga - setelah dikurangi
penyisihan atas kerugian penurunan
nilai sebesar AS$9.046.229 pada
tanggal 31 Desember 2012
(31 Desember 2011: AS$746.916;
1 Januari 2011/31 Desember 2010:
AS$1.164.232)
Pihak berelasi
2f,6
Pendapatan yang belum ditagih pihak ketiga
2t,32
Piutang lain-lain pihak ketiga
2o,2t,31,32
2f,2o,2t,6,
Piutang dari pihak-pihak berelasi
31,32
Persediaan - setelah dikurangi
penyisihan keusangan persediaan
sebesar AS$919.500
pada tanggal 31 Desember 2012
(31 Desember 2011: AS$2.616.948;
1 Januari 2011/31 Desember 2010:
AS$3.982.051)
2g,7,12,18
Pajak dibayar di muka
2p
Biaya dibayar di muka dan uang
muka lainnya
2h,8
Deposito berjangka yang
dibatasi penggunaannya
2e,2t,10,32
JUMLAH ASET LANCAR
28.491.903
60.639.445
43.063.013
Cash and cash equivalents
Trade receivables
Third parties - net of allowance for
impairment losses of
US$9,046,229 as of December 31,
2012 (December 31, 2011:
US$746,916; January 1, 2011/
December 31, 2010:
44.941.274
US$1,164,232)
2.655.210
Related parties
Unbilled revenue 190.222
third party
Other receivables 2.263.084
third parties
38.535.535
12.599.794
21.421.786
7.424.985
-
-
272.055
138.740
6.539.698
6.277.235
106.476.721
113.564
76.367.057
233.322
4.065.962
1.419.990
-
2.000.000
-
Restricted time deposits
197.095.232
175.922.560
184.077.846
TOTAL CURRENT ASSETS
177.679
Due from related parties
Inventories - net of allowance
for inventory obsolescence of
US$919,500 as of
December 31, 2012; (December 31,
2011: US$2,616,948;
January 1, 2011/December 31,
88.277.238
2010: US$3,982,051)
71.275
Prepaid taxes
Prepaid expenses and
2.438.851
other advances
ASET TIDAK LANCAR
NON-CURRENT ASSETS
Deposito berjangka yang
dibatasi penggunaannya
2e,2t,10,32
-
-
1.526.753
Taksiran tagihan pajak penghasilan
Aset pajak tangguhan - neto
2o,2p,16,31
2p,16
448.499
1.499.758
709.616
1.557.303
2.127.829
2.302.581
19.307.825
14.549.688
12.922.359
49.914.659
49.932.297
64.602.474
-
2.130.951
4.057.041
44.320
58.218
72.115
Deferred landrights costs - net
Deferred loss on sale-andleaseback transactions
48.526
79.652
59.708
103.539
70.891
187.087
Transferable membership - net
Refundable deposits
Investasi pada entitas asosiasi
2d,2f,9
Aset tetap, setelah dikurangi
akumulasi penyusutan dan
penurunan nilai sebesar
AS$80.543.848 pada tanggal
31 Desember 2012
(31 Desember 2011:
AS$78.983.791;
1 Januari 2011/31 Desember 2010:
AS$99.106.989)
2i,2j,11,12,18
Biaya ditangguhkan hak atas tanah neto
2i,2j,11
Kerugian tangguhan atas jual
dan sewa balik
2l
Hak keanggotaan yang dapat
dipindahkan - neto
Uang jaminan
2o,2t,31,32
JUMLAH ASET TIDAK LANCAR
JUMLAH ASET
Restricted time deposits
Estimated claims for income tax
refund
Deferred tax assets - net
Investments in associated
companies
Property, plant and equipment, net
of accumulated depreciation
and impairment loss
of US$80,543,848 as of
December 31, 2012
(December 31, 2011:
of US$78,983,791;
January 1, 2011/December 31,
2010: US$99,106,989)
71.343.239
69.101.320
87.869.130
TOTAL NON-CURRENT ASSETS
268.438.471
245.023.880
271.946.976
TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
secara keseluruhan.
The accompanying notes to the consolidated financial statements form
an integral part of these consolidated financial statements taken as a
whole.
1
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN KONSOLIDASIAN
(lanjutan)
Tanggal 31 Desember 2012, 2011 dan 2010
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL
POSITION (continued)
As of December 31, 2012, 2011 and 2010
(Expressed in U.S. dollars, unless otherwise stated)
Disajikan kembali - Catatan 2 dan 34/
As restated - Notes 2 and 34
Catatan/
Notes
2012
1 Januari 2011/
31 Desember 2010/
January 1, 2011/
December 31, 2010
2011
LIABILITAS DAN EKUITAS
LIABILITAS JANGKA PENDEK
Pinjaman jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain
Utang dividen
Beban masih harus dibayar
Liabilitas imbalan kerja karyawan
jangka pendek
Utang kepada pihak-pihak berelasi
Utang pajak
Pendapatan ditangguhkan
Uang muka pelanggan
Pinjaman jangka panjang yang akan
jatuh tempo dalam satu tahun
LIABILITIES AND EQUITY
2o,2t,12,31,32
2o,2t,13,31,32
2f,6
2o,2t,31,32
2t,32
2o,2t,14,31,32
2o,2t,15,31,32
2f,2o,2t,6,
31,32
2o,2p,16,31
2o,17,31
2l,2o,2t,18,
31,32
JUMLAH LIABILITAS JANGKA
PENDEK
LIABILITAS JANGKA PANJANG
Pinjaman jangka panjang - setelah
dikurangi bagian yang akan jatuh
tempo dalam satu tahun
Liabilitas pajak tangguhan - neto
Liabilitas imbalan kerja karyawan
jangka panjang
CURRENT LIABILITIES
Short-term loans
Trade payables
Third parties
Related parties
Other payables
Dividends payable
Accrued expenses
Short-term employee benefits
liability
21.984.337
10.206.552
29.423.536
17.161.749
49.561.073
1.253.543
83.654
5.011.368
9.815.719
43.574.881
3.150.932
35.707
3.033.283
31.826.356
48.810.455
415.026
42.573
10.148.281
1.202.326
1.495.099
578.351
2.845
4.218.858
70.200
3.492.238
14.156
4.330.771
129.789
249.311
2.166.922
2.922.283
89.509
937.214
6.115.056
4.353.930
5.942.254
Due to related parties
Taxes payable
Deferred income
Advances from customers
Current maturities of long-term
debts
110.157.247
80.390.130
133.302.760
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
2l,2o,2t,
18,31,32
2p,16
10.230.627
35.769
15.930.358
25.595
22.341.830
47.496
2o,2s,30,31
5.406.421
4.597.629
4.835.311
Long-term debts - net of
current maturities
Deferred tax liabilities - net
Long-term employee benefits
liability
15.672.817
20.553.582
27.224.637
TOTAL NON-CURRENT
LIABILITIES
125.830.064
100.943.712
160.527.397
TOTAL LIABILITIES
JUMLAH LIABILITAS JANGKA
PANJANG
JUMLAH LIABILITAS
EKUITAS
EQUITY
EKUITAS YANG DAPAT DIATRIBUSIKAN
KEPADA PEMILIK ENTITAS INDUK
Modal saham
Modal dasar - 3.200.000.000 saham
dengan nilai nominal Rp100
per saham
Modal ditempatkan dan disetor
penuh - 800.000.000 saham
20
Tambahan modal disetor
21
Selisih kurs karena penjabaran
laporan keuangan
Saldo laba
Telah ditentukan penggunaannya
untuk cadangan umum
22b
Belum ditentukan penggunaannya
EQUITY ATTRIBUTABLE TO
THE EQUITY HOLDERS OF THE
PARENT COMPANY
Share capital
Authorized - 3,200,000,000
shares at par value of
Rp100 per share
Issued and fully paid 800,000,000 shares
Capital paid in excess of par value
Difference in foreign currency
translation
Retained earnings
37.934.802
12.764.351
37.934.802
12.764.351
37.934.802
12.764.351
470.151
264.166
119.576
7.613.641
83.729.088
4.213.641
88.834.099
4.213.641
55.501.180
142.512.033
144.011.059
110.533.550
SUB-TOTAL
96.374
69.109
886.029
NON-CONTROLLING
INTERESTS
JUMLAH EKUITAS
142.608.407
144.080.168
111.419.579
TOTAL EQUITY
JUMLAH LIABILITAS DAN
EKUITAS
268.438.471
245.023.880
271.946.976
TOTAL LIABILITIES AND
EQUITY
SUB-JUMLAH
KEPENTINGAN
NONPENGENDALI
2b,19
Catatan atas laporan keuangan konsolidasian terlampir merupakan
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian
secara keseluruhan.
Appropriated for general reserve
Unappropriated
The accompanying notes to the consolidated financial statements form
an integral part of these consolidated financial statements taken as a
whole.
2
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
Catatan/
Notes
2012
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
PENDAPATAN DARI PENJUALAN
DAN JASA
200.857.791
2f,2m,6,23,27
204.049.028
REVENUE FROM SALES AND
SERVICES
BEBAN POKOK PENJUALAN
DAN JASA
125.718.479
2f,2m,6,24,27
123.180.890
COST OF SALES AND
SERVICES
80.868.138
GROSS PROFIT
LABA KOTOR
Beban umum dan administrasi
Beban penjualan
Pendapatan operasi lainnya
Beban operasi lainnya
LABA USAHA
Bagian atas laba neto entitas
asosiasi
Pendapatan keuangan
Biaya keuangan
75.139.312
(30.123.157)
(7.424.022)
5.988.971
(141.202)
2m,25
2m,25
2f,2m,26,27
2m,26
43.439.902
4.758.137
116.964
(1.443.688)
(17.978.127)
(5.356.653)
4.154.649
(697.993)
60.990.014
2d,2f,9
2m
2m
1.963.329
286.057
(2.106.140)
General and administrative
expenses
Selling expenses
Other operating income
Other operating expenses
INCOME FROM OPERATIONS
Equity in net earnings
of associated companies
Finance income
Finance costs
LABA SEBELUM BEBAN/
(MANFAAT) PAJAK
46.871.315
BEBAN (MANFAAT) PAJAK
Kini
Tangguhan
12.493.019
63.093
11.138.769
(139.262)
Beban Pajak - Neto
12.556.112
10.999.507
Tax Expense - Net
LABA TAHUN BERJALAN
34.315.203
50.133.753
INCOME FOR THE YEAR
213.036
171.074
OTHER
COMPREHENSIVE INCOME
Difference in foreign currency
translation
34.528.239
50.304.827
TOTAL COMPREHENSIVE
INCOME FOR THE YEAR
50.132.919
834
Income for the year attributable to:
Equity holders of the
parent company
Non-controlling interests
2p,16
PENDAPATAN
KOMPREHENSIF LAIN
Selisih kurs karena penjabaran
laporan keuangan
JUMLAH PENDAPATAN
KOMPREHENSIF TAHUN
BERJALAN
61.133.260
Laba tahun berjalan yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali
34.294.989
20.214
2b,19
34.315.203
34.500.974
27.265
50.277.509
27.318
34.528.239
50.304.827
LABA PER SAHAM DASAR
YANG DAPAT DIATRIBUSIKAN
KEPADA PEMILIK ENTITAS INDUK
TAX EXPENSE (BENEFIT)
Current
Deferred
50.133.753
Jumlah pendapatan komprehensif
tahun berjalan yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali
INCOME BEFORE TAX
EXPENSE/(BENEFIT)
2q
0,0429
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
0,0627
Total comprehensive income
for the year attributable to:
Equity holders of the
parent company
Non-controlling interests
BASIC EARNINGS PER SHARE
ATTRIBUTABLE TO
OWNERS OF THE COMPANY
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
3
The consolidated financial statements are originally issued in the Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/
Equity attributable to the equity holders of the parent company
Catatan/
Notes
Saldo per 1 Januari 2011 (sebelum penyajian kembali)
Modal Saham
Ditempatkan
dan Disetor
Penuh/Issued
and Fully Paid
Share Capital
Selisih Neto
Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
in Value of
Restructuring
Transactions
between Entities
under Common
Control
Tambahan
Modal Disetor/
Additional
Paid-in Capital
Belum
Ditentukan
Penggunaannya/
Unappropriated
-
381.143
(1.607.234)
-
37.934.802
12.764.351
-
119.576
4.213.641
-
-
-
-
Laba tahun berjalan
-
-
-
Entitas anak yang didivestasi
-
-
-
Pendapatan komprehensif lain
-
-
-
Saldo 31 Desember 2011
37.934.802
12.764.351
-
Saldo per 1 Januari 2012 (sebelum penyajian kembali)
37.934.802
12.764.351
-
Saldo per 1 Januari 2011 (setelah penyajian kembali)
-
Cadangan
Umum/
Appropriated
for
General
Reserve
1.726.810
34
12.764.351
Saldo Laba/Retained Earnings
(381.143)
Penyajian kembali
37.934.802
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Difference in
Foreign
Currency
Translation
4.213.641
55.964.247
(463.067)
Kepentingan
Nonpengendali/
Non-controlling
Interests
Jumlah/
Total
112.222.708
(1.689.158)
Jumlah
Ekuitas/
Total
Equity
922.990
(36.961)
(1.726.119)
Restatement
110.533.550
-
(16.800.000)
(16.800.000)
-
-
50.132.919
50.132.919
-
-
-
-
-
-
264.166
4.213.641
(381.143)
1.628.595
4.213.641
-
381.143
(1.364.429)
37.934.802
12.764.351
-
264.166
4.213.641
88.834.099
144.011.059
69.109
144.080.168
Balance, January 1, 2012 (after restatement)
-
-
-
-
3.400.000
(3.400.000)
-
-
-
Appropriation for General Reserve
-
-
-
-
-
(36.000.000)
(36.000.000)
Laba tahun berjalan
-
-
-
-
-
34.294.989
34.294.989
20.214
34.315.203
Income for the year
Pendapatan komprehensif lain
-
-
-
205.985
-
-
205.985
7.051
213.036
Other comprehensive income
37.934.802
12.764.351
-
470.151
7.613.641
83.729.088
142.512.033
96.374
142.608.407
Balance, December 31, 2012
22a
Penyajian kembali
34
Saldo per 1 Januari 2012 (setelah penyajian kembali)
Tambahan Saldo Laba Cadangan Umum
Dividen
22a
Saldo 31 December 2012
144.590
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
-
834
111.419.579
Balance, January 1, 2011 (before restatement)
55.501.180
Dividen
886.029
113.145.698
(16.800.000)
50.133.753
Balance, January 1, 2011 (after restatement)
Dividends
Income for the year
(844.238)
(844.238)
144.590
26.484
171.074
Other comprehensive income
88.834.099
144.011.059
69.109
144.080.168
Balance, December 31, 2011
89.040.519
145.200.765
78.533
145.279.298
Balance, January 1, 2012 (before restatement)
(206.420)
(1.189.706)
(9.424)
-
(1.199.130)
(36.000.000)
Divestment of subsidiaries
Restatement
Dividends
The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken
as a whole.
4
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
Catatan/
Notes
2012
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan tunai dari pelanggan
Pembayaran tunai kepada pemasok
dan karyawan
Penerimaan dari:
Tagihan pajak penghasilan
Penghasilan bunga
Penghasilan lain-lain - neto
Pembayaran untuk:
Pajak
Beban usaha lainnya
Bunga pinjaman dan beban
administrasi bank lainnya
Kas Neto yang Diperoleh dari
Aktivitas Operasi
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars,
unless otherwise stated)
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
193.075.811
201.716.048
(165.113.690)
(153.508.087)
27.962.121
48.207.961
101.619
116.964
1.610.757
2.538.335
286.065
1.354.567
(14.484.541)
(12.276.019)
(9.739.225)
(7.442.356)
(1.065.772)
(1.905.304)
Receipts from:
Claim for income tax refund
Interest income
Other income - net
Payments for:
Taxes
Other operating expenses
Loan interest and other
bank charges
1.965.129
33.300.043
Net Cash Provided by
Operating Activities
ARUS KAS DARI AKTIVITAS
INVESTASI
Hasil penjualan aset tetap
Uang jaminan
Perolehan aset tetap
Penurunan (penambahan) piutang
dari pihak berelasi
Penerimaan dividen kas dari
perusahaan asosiasi
Kas Neto yang Digunakan untuk
Aktivitas Investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penurunan (penambahan) deposito
berjangka yang dibatasi
penggunaannya
Penerimaan dari penerbitan saham
Entitas Anak
Kenaikan utang dari pihak-pihak
berelasi
Pembayaran dividen kas
Penerimaan dari pinjaman
jangka pendek
Pembayaran pinjaman
jangka pendek
CASH FLOWS FROM
OPERATING ACTIVITIES
Cash received from customers
Cash paid to suppliers and
employees
1.806.679
5.576
11
(4.388.784 )
874.561
(4.925.497)
(166.902)
444.263
-
336.000
(2.743.431)
(3.270.673)
CASH FLOWS FROM
INVESTING ACTIVITIES
Proceeds from sale of property,
plant and equipment
Guarantee Deposit
Acquisitions of property, plant
and equipment
Decrease (increase) in due from
related parties
Cash dividends received from
an associated company
Net Cash Used In
Investing Activities
CASH FLOWS FROM
FINANCING ACTIVITIES
25.805.000
222.228
Decrease (increase) of
restricted time deposits
Proceeds from the issuance
of Subsidiary’s capital stock
Increase in due to related
parties
Payments of cash dividends
Proceeds from shortterm loans
(19.196.196)
-
Payments of short-term loan
2.000.000
(473.247)
1.101
-
1.170
(36.000.000)
15.807
(16.800.000)
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
5
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan)
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
Catatan/
Notes
2012
ARUS KAS DARI AKTIVITAS
PENDANAAN (lanjutan)
Pembayaran cicilan pinjaman
jangka panjang
Penjualan investasi Entitas Anak
setelah dikurangi kas dan setara kas
Entitas Anak tersebut sebesar
AS$3.275.834
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(continued)
Years Ended December 31, 2012 and 2011
(Expressed in U.S. dollars,
unless otherwise stated)
Disajikan kembali Catatan 2 dan 34/
As restated Notes 2 and 34
2011
CASH FLOWS FROM FINANCING
ACTIVITIES (continued)
Payments of long-term
(2.594.892)
debt installments
Sale of investment in Subsidiaries
net of cash and cash equivalent
of those Subsidiaries of
7.145.100
US$3,275,834
(4.007.406)
-
Kas Neto yang Digunakan untuk
Aktivitas Pendanaan
(31.396.331)
(12.485.004)
KENAIKAN/(PENURUNAN) NETO
KAS DAN SETARA KAS
(32.174.633)
17.544.366
NET INCREASE/(DECREASE) IN
CASH AND CASH EQUIVALENTS
27.091
32.066
NET EFFECTS OF CHANGES
IN EXCHANGE RATES ON
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS
AWAL TAHUN
60.639.445
43.063.013
CASH AND CASH EQUIVALENTS
AT BEGINNING OF YEAR
KAS DAN SETARA KAS
AKHIR TAHUN
28.491.903
60.639.445
CASH AND CASH EQUIVALENTS
AT END OF YEAR
DAMPAK NETO PERUBAHAN
NILAI TUKAR ATAS
KAS DAN SETARA KAS
4
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
Net Cash Used In
Financing Activities
The accompanying notes to the consolidated financial statements
form an integral part of these consolidated financial statements taken
as a whole.
6
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
UMUM
a.
b.
1. GENERAL
Pendirian Perusahaan
a.
Company’s establishment
PT Citra Tubindo Tbk (Perusahaan) didirikan
pada tanggal 23 Agustus 1983 berdasarkan
akta notaris R. Sudibio Djojopranoto, S.H.
No. 78. Akta pendirian ini disetujui oleh
Menteri Kehakiman Republik Indonesia
dengan
Surat
Keputusan
No.
C23168.HT.01.01.Th.85 tanggal 25 Mei 1985
serta diumumkan dalam Lembaran Berita
Negara No. 81 Tambahan No. 1208 tanggal
8 Oktober 1985. Anggaran dasar Perusahaan
telah mengalami beberapa kali perubahan,
terakhir dengan akta notaris Maria Hilaria
Salim, S.H. No. 39 tanggal 26 Juni 2008, untuk
memenuhi ketentuan Undang-undang No. 40
periode 2007 mengenai Undang-undang
Perseroan Terbatas. Perubahan terakhir ini
disetujui oleh Menteri Hukum dan Hak
Asasi
Manusia
dengan
Surat
No. AHU-76795.AH.01.02-TH.2008
tanggal
23 Oktober 2008 serta diumumkan dalam
Lembaran Berita Negara No. 105 Tambahan
No. 30268 tanggal 30 Desember 2008.
PT Citra Tubindo Tbk (the Company) was
incorporated on August 23, 1983 based on the
notarial deed No. 78 of R. Sudibio Djojopranoto,
S.H. The Company’s article of association was
approved by the Ministry of Justice of the
Republic of Indonesia in its Decision
Letter No. C2-3168.HT.01.01.Th.85 dated
May 25, 1985 and was published in the State
Gazette No. 81 Supplement No. 1208 dated
October 8, 1985. The articles of association has
been amended several times, most recently
covered by notarial deed No. 39 of Maria Hilaria
Salim, S.H., dated June 26, 2008 concerning
the changes in the Company’s articles of
association to conform with Law No. 40
period 2007. The latest amendment has been
approved by the Ministry of Laws and Human
Rights in its Letter No. AHU-76795.AH.01.02TH.2008 dated October 23, 2008 and was
published in the State Gazette No. 105
Supplement No. 30268 dated December 30,
2008.
Perusahaan memulai kegiatan komersialnya
yang meliputi penyediaan fasilitas untuk
industri minyak yang mencakup jasa
penguliran pipa dan pembuatan aksesoris,
pada tahun 1984, serta mulai menyediakan
jasa pemrosesan pemanasan pipa baja tanpa
kampuh (seamless) pada tahun 1992.
The Company started its commercial operations
in providing facilities for the oil industry,
including finishing and threading of pipes and
manufacturing of accessories, in 1984, and
started providing services on heat treatment
process for seamless pipes in 1992.
Kantor pusat Perusahaan dan pabriknya
terletak di Kabil Industrial Estate, Jln. Hang
Kesturi I Km 4, Kabil, Batam. Hasil produksi
Perusahaan dipasarkan di pasar lokal dan
diekspor ke Jepang, Amerika Serikat, Kanada,
Australia, Timur Tengah, Afrika dan Asia.
The Company’s head office and its factory are
located in Kabil Industrial Estate, Jln. Hang
Kesturi I Km 4, Kabil, Batam. The Company’s
products are marketed domestically and
exported to Japan, United States, Canada,
Australia, Middle East, Africa and Asia.
Vallourec SA, sebuah perusahaan yang
didirikan di Perancis, adalah entitas induk
terakhir Perusahaan dan Entitas Anak.
Vallourec SA, a company incorporated in
France, is the ultimate parent company of the
Company and Subsidiaries.
Penawaran umum efek Perusahaan
b.
Kebijakan
Perusahaan
yang
dapat
mempengaruhi
efek
yang
diterbitkan
(corporate actions) sejak tanggal penawaran
umum perdana sampai dengan tanggal
31 Desember 2012 adalah sebagai berikut:
Company’s public offering
The Company’s corporate actions from the date
of its initial public offering up to December 31,
2012 are as follows:
7
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
b.
1. GENERAL (continued)
Penawaran umum efek Perusahaan
(lanjutan)
Tahun/
Year
Kebijakan Perusahaan/
Nature of Corporate Action
1989 *)
Penawaran umum perdana/
Initial public offering
1990
Pencatatan saham Perusahaan/
Shares listing
1992
b.
Company’s public offering (continued)
Saham Ditempatkan
dan
Disetor Penuh/
Number of
Issued and
Fully Paid Shares
1.600.000
3.600.000
Penawaran umum kedua/
Second public offering
1993
1994
1999
2009
800.000
Saham bonus kepada pemegang saham dengan
ketentuan empat (4) saham baru untuk setiap
satu (1) saham yang dimiliki/Bonus dividends
which entitled each shareholder to receive four (4)
new shares for every one (1) existing share held
24.000.000
Penawaran umum terbatas I/
Limited public offering I
15.000.000
Penawaran umum terbatas II/
Limited public offering II
5.000.000
Saham bonus kepada pemegang saham dengan
ketentuan tiga (3) saham baru untuk setiap lima (5)
saham yang dimiliki/Bonus dividend which entitled
each shareholder to receive three (3) new shares
for every five (5) existing shares held
30.000.000
Pemecahan saham dengan ketentuan
sepuluh (10) saham untuk setiap satu (1) saham/
Stock split which entitled ten (10) shares for every
one (1) existing share
720.000.000
Jumlah/
Total
*)
800.000.000
Penawaran umum perdana berlaku efektif
pada tanggal 28 November 1989.
*)
Seluruh saham Perusahaan, dengan nilai
nominal Rp100 per saham, telah dicatatkan di
Bursa Efek Indonesia.
The effective date of the initial public
offering was on November 28, 1989.
All of the Company’s shares, which have a par
value of Rp100 each share, are listed on the
Indonesia Stock Exchange.
8
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
c.
Pada
tanggal
31
Desember
2012,
31 Desember
2011,
dan
1
Januari
2011/31 Desember 2010, struktur Perusahaan
dan Entitas Anak adalah sebagai berikut:
Corporate Structure and Subsidiaries
As of December 31, 2012, December 31, 2011,
and January 1, 2011/December 31, 2010, the
Corporate structure and the Subsidiaries are as
follows:
Persentase Kepemilikan
(Langsung dan Tidak
Langsung) (%)/
Percentage
of Ownership
(Direct and Indirect) (%)
Entitas Anak/
Subsidiaries
PT Hymindo Petromas
Utama (HPU)
2012
2011
99,90
99,90
NSCT Premium
Tubulars BV
(NSCT BV)
100,00
100,00
NS Connection
Technology Inc.
(NSCT Inc) melalui/
through NSCT BV
100,00
NS Connection
Technology
Pte Ltd
(NSCT PL)
Jumlah Aset/
Total Assets
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
Bidang
Usaha/
Scope of
Activities
99,90 Sambungan pipa
ulir/
Thread
connection
Saat
Dimulainya
Kegiatan
Usaha/
Start of
Commercial
Operations
Domisili/
Domicile
31 Des./
Dec. 31,
2012
31 Des./
Dec. 31
2011
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
1988
Batam
2.861.971
2.586.276
2.557.270
100,00 Pemegang
paten/
Patent
holder
2003
Belanda/
Netherlands
1.291.725
1.145.763
1.230.281
100,00
100,00 Pemegang
lisensi/
Master
licensor
2003
Amerika
Serikat/
United States
of America
3.152.134
3.026.050
3.913.938
100,00
100,00
100,00 Jasa dukungan
teknis/
Technical
support
2002
Singapura/
Singapore
1.935.618
1.543.606
1.267.026
Citra Tubindo
(International)
Pte Ltd (CTI)
100,00
100,00
100,00 Jasa dukungan
teknis/
Technical
support
2004
Singapura/
Singapore
18.731.185
11.488.278
6.666.976
Citra Tubindo
Australia
Pty Ltd melalui/
through CTI
100,00
100.00
2011
Australia/
Australia
230.733
101
-
PT Sarana Citranusa
Kabil (SC)
99,92
99,92
2000
Batam
28.657.127
29.827.112
30.226.177
PT Citra Pembina
Pengangkutan
Industries (CPPI)
melalui/through
SC
98,92
98,92
99,92 Jasa
logistik/
Logistic
services
98,92 Jasa
angkutan/
Transportation
services
1984
Batam
14.100.283
15.247.872
13.848.981
PT Citra Madya
Cargindo
(CMC) melalui/through
CPPI
97,92
97,92
97,92 Jasa bongkar muat/
Stevedoring
services
1989
Batam
2.173.080
1.661.275
1.322.370
PT Pelayaran
Citranstirta
Tatasarana
(PCT) melalui/
through CPPI
99,92
99,92
99,92 Jasa
pengapalan/
Shipping
services
1990
Batam
1.682.894
1.540.159
720.414
PT Citra Pembina
Logistik
(CPL) melalui/
through CPPI
99,91
99,91
99,91 Jasa
logistik/
Logistic
services
2006
Batam
2.164.776
2.558.204
1.179.082
- Perdagangan pipa
baja/
Steel pipes
trading
9
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
(lanjutan)
c. Corporate
Structure
(continued)
and
Persentase Kepemilikan
(Langsung dan Tidak
Langsung) (%)/
Percentage
of Ownership
(Direct and Indirect) (%)
Entitas Anak/
Subsidiaries
2012
Jumlah Aset/
Total Assets
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
2011
PT Bandar Kabil
Indonusa
(BKI) melalui/through
CPPI
99,05
99,05
PT Citra Sarana Baja
(CSB)
99,00
-
PT Dwi Sumber
Arca Waja (DSAW)
-
-
PT Citra Tubindo
Engineering (CTE)
-
PT Citra Byard (CB)
-
Subsidiaries
Bidang
Usaha/
Scope of
Activities
Saat
Dimulainya
Kegiatan
Usaha/
Start of
Commercial
Operations
99,05 Jasa
pelabuhan/
Port
services
Domisili/
Domicile
31 Des./
Dec. 31,
2012
1 Jan./
Jan. 1,
2011/
31 Des./
Dec. 31,
2010
31 Des./
Dec. 31
2011
2000
Batam
4.590
6.156
7.000
2012
Batam
30.656
-
-
91,08 Pengelasan pipa
double submerged
arc-welding/
Double submerged
arc-welding of pipes
1998
Batam
-
-
32.059.998
-
99,99 Produksi, jasa
perbaikan dan
perawatan
peralatan industri
minyak dan gas/
Fabrication, repair and
maintenance services
for oil and gas industry
equipment
2007
Batam
-
-
24.315.242
-
81,31 Produksi pengelasan
pipa dan aksesoris/
Manufacturing welded
pipes and accessories
2000
Batam
-
-
2.382.309
- Pembuatan pipa
tanpa kampuh,
penguliran pipa
dan jasa terkait/
Manufacturing of
seamless pipe,
pipe threading
and services
Pada tanggal 13 Februari 2012, Perusahaan
mendirikan entitas anak baru dengan
kepemilikan 99% dengan nama PT Citra
Sarana Baja (CSB) di Batam dengan modal
saham dasar, modal ditempatkan dan modal
disetor sebesar Rp1.000.000.000. CSB
bergerak dalam bidang pembuatan pipa tanpa
kampuh, penguliran pipa dan jasa terkait.
On February 13, 2012, the Company established
a new subsidiary with 99% ownership under the
name PT Citra Sarana Baja (CSB) in Batam with
authorized, issued and paid-up share capital of
Rp1,000,000,000.
CSB
is
engaged
in
manufacturing seamless pipe, pipe threading and
services.
Pada tanggal 15 November 2011, CTI
mendirikan perusahaan dengan kepemilikan
100% bernama Citra Tubindo Australia
Pty Ltd (CTA) di Australia dengan modal
saham dasar sebesar AU$100 dan setoran
saham sebesar AU$100. CTA bergerak dalam
bidang perdagangan pipa baja untuk
perusahaan-perusahaan minyak dan gas di
Australia.
On November 15, 2011, CTI established a wholly
owned subsidiary, Citra Tubindo Australia Pty Ltd
(CTA) in Australia with authorized share capital
of AU$100 and paid-up share capital of AU$100.
CTA is engaged in steel pipes trading for oil and
gas companies in Australia.
10
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
c.
1. GENERAL (continued)
Struktur Perusahaan dan Entitas Anak
(lanjutan)
c. Corporate
Structure
(continued)
and
Subsidiaries
Pada tanggal 23 Juli 2011, Perusahaan
mendirikan entitas anak dengan kepemilikan
100% bernama Citra Tubindo Middle East FZE
(CTME) di Ras Al Khaimah, Uni Emirat Arab,
dengan modal saham dasar sebesar
AED100.000 dan setoran saham sebesar
AED24.040. CTME bergerak dalam bidang
perdagangan dan pemasangan pipa, peralatan
ladang minyak dan gas alam serta
perdagangan suku cadang.
On July 23, 2011, the Company established a
wholly-owned subsidiary, Citra Tubindo Middle
East FZE (CTME) in Ras Al Khaimah, United
Arab Emirates with authorized share capital of
AED100,000 and paid-up share capital of
AED24,040. CTME is engaged in pipes fittings
and trading, oilfield and natural gas equipment
and spare parts trading.
Pada tanggal 19 Desember 2011, Perusahaan
membatalkan pendaftaran CTME di Ras Al
Khaimah, Uni Emirat Arab, karena revisi dalam
strategi pemasaran untuk Timur Tengah.
On December 19, 2011, the Company cancelled
the registration of CTME in Ras Al Khaimah,
United Arab Emirates due to revision in
marketing strategy for the Middle East.
Pada tanggal 17 Februari 2011, Perusahaan
menandatangani perjanjian pelepasan 100%
kepemilikan saham CTE dan CB kepada
DSAW sebesar AS$420.954. Perusahaan
menerima pembayaran dari divestasi tersebut
di bulan yang sama.
On February 17, 2011, the Company signed an
agreement for the divestment of 100% shares of
CTE and CB to DSAW amounting to
US$420,954. The Company received the
payment on the same month.
Pada tanggal yang sama, Perusahaan juga
menandatangani perjanjian pelepasan 100%
kepemilikan saham DSAW kepada PT Citra
Agramasinti Nusantara (CAN) sebesar
AS$12.197.880. Perusahaan baru menerima
pembayaran dari divestasi tersebut sebesar
AS$10.000.000 pada tanggal 24 Februari
2011, dan sisanya sebesar AS$2.197.880
dicatat sebagai bagian dari akun “Piutang dari
pihak-pihak berelasi”.
On the same date, the Company also signed an
agreement for the divestment of 100% shares of
DSAW to PT Citra Agramasinti Nusantara (CAN)
amounting to US$12,197,880. The Company
received
the
payment
amounting
to
US$10,000,000 on February 24, 2011, and the
remaining balance amounting to US$2,197,880
is presented as part of “Due from related parties”.
Sejak tanggal 17 Februari 2011, CTE, CB dan
DSAW bukan merupakan entitas anak dan
Perusahaan tidak lagi mengkonsolidasi
laporan keuangan CTE, CB dan DSAW.
Starting February 17, 2011, CTE, CB and DSAW
are no longer the Company’s subsidiaries and
are no longer included in the Group’s
consolidated financial statements.
Pada tanggal 25 Mei 2011, CTI meningkatkan
modal
dasar
dari
Sin$500.000
ke
Sin$2.500.000. Peningkatan modal dasar ini
seluruhnya disetor oleh Perusahaan sebesar
Sin$2.000.000
(setara
dengan
AS$1.623.513).
On May 25, 2011, CTI increased its authorized
share
capital
from
Sin$500,000
to
Sin$2,500,000. The additional authorized share
capital had been fully paid by the Company
amounting to Sin$2,000,000 (equivalent to
US$1,623,513).
Pada tanggal 1 Oktober 2012, CTI
meningkatkan
modal
dasar
dari
Sin$2.500.000
ke
Sin$3.500.000.
Peningkatan modal dasar ini seluruhnya
disetor Perusahaan sebesar Sin$1.000.000
(setara dengan AS$ 812.348).
On October 1, 2012, CTI increased its authorized
share
capital
from
Sin$2,500,000
to
Sin$3,500,000. The additional authorized share
capital had been fully paid by the Company
amounting to Sin$1,000,000 (equivalent to
US$812,348).
11
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
d.
1. GENERAL (continued)
Karyawan, dewan komisaris dan direksi
d. Employees, boards of commissioners and
directors
Susunan anggota dewan komisaris dan
direksi Perusahaan pada tanggal-tanggal
31 Desember 2012, 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 adalah
sebagai berikut:
The members of the Company’s boards of
commissioners and directors as of December 31,
2012, December 31, 2011 and January 1,
2011/December 31, 2010 are as follows:
31 Desember 2012/December 31, 2012
Dewan Komisaris
Komisaris Utama
Komisaris Independen
Komisaris Independen
Komisaris
Komisaris
Direksi
Direktur Utama
Direktur Keuangan
Direktur Umum
Direktur Pemasaran
Direktur Teknik
Direktur Investasi
Direktur Tidak Terafiliasi
:
DR. Ir. Suyitno Patmosukismo, M.H
:
Sri Murwardjo Srimardji MSC, FSA.I
Profesor Doktor Johanes Berchmans Kristiadi Pudjosukanto
Doktor Ingenieur Ilham Akbar Habibie
Jean-Pierre, Robert, Luc Michel
:
Kris Taenar Wiluan
:
Hedy Wiluan (Hedy Kurniawan)
Drs. Frankie Setiadi
Herman Hermanto
DR. Adam Paul Brunet BA MA D.Phil FIEE C.Eng.
Didier, Maurice, Francis Hornet
Tjetjep Muljana
Board of Commissioners
President Commissioner
Independent Commissioner
Independent Commissioner
Commissioner
Commissioner
Directors
President Director
Finance Director
General Affairs Director
Marketing Director
Technical Director
Investment Director
Unaffialiated Director
31 Desember 2011 dan 1 Januari 2011/31 Desember 2010 / December 31, 2011 and January 1, 2011/December 31,2010
Dewan Komisaris
Komisaris Utama
Komisaris Independen
Komisaris Independen
Komisaris
Komisaris
Direksi
Direktur Utama
Direktur Keuangan
Direktur Umum
Direktur Pemasaran
Direktur Teknik
Direktur Investasi
:
DR. Ir. Suyitno Patmosukismo, M.H
:
Sri Murwardjo Srimardji MSC, FSA.I
Profesor Doktor Johanes Berchmans Kristiadi Pudjosukanto
Doktor Ingenieur Ilham Akbar Habibie
Jean-Pierre, Robert, Luc Michel
:
Kris Taenar Wiluan
:
Hedy Wiluan (Hedy Kurniawan)
Drs. Frankie Setiadi
Herman Hermanto
DR. Adam Paul Brunet BA MA D.Phil FIEE C.Eng.
Didier, Maurice, Francis Hornet
Board of Commissioners
President Commissioner
Independent Commissioner
Independent Commissioner
Commissioner
Commissioner
Directors
President Director
Finance Director
General Affairs Director
Marketing Director
Technical Director
Investment Director
Pada
tanggal
31
December
2012,
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010, Perusahaan dan
Entitas Anak (Grup) memiliki masing-masing
814, 790 dan 1.542 karyawan (tetap dan
temporer) (tidak diaudit).
As of December 31, 2012, December 31, 2011
and January 1, 2011/December 31, 2010, the
Company and Subsidiaries (the Group) has a
total of 814, 790 and 1,542 employees,
respectively (both permanent and temporary)
(unaudited).
Jumlah kompensasi imbalan kerja jangka
pendek
yang
diterima
oleh
personil
manajemen kunci Grup (dewan komisaris dan
direksi) untuk tahun yang berakhir pada
tanggal-tanggal 31 Desember 2012 dan 2011,
masing-masing sebesar
Rp13.530.000.000
(setara AS$1.393.590) dan Rp12.293.000.000
(setara AS$1.355.646).
The total amount of short-term employee
benefits compensation received by the Group’s
key management personnel (boards of
commissioners and directors) for the years
ended December 31, 2012 and 2011 amounted
to
Rp13,530,000,000
(equivalent
to
US$1,393,590)
and
Rp12,293,000,000
(equivalent to US$1,355,646), respectively.
12
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
1.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
U M U M (lanjutan)
e.
1. GENERAL (continued)
Pengesahan untuk penerbitan
keuangan konsolidasian
laporan
e.
Penerbitan laporan keuangan konsolidasian
Grup pada tanggal 31 Desember 2012,
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010 dan untuk tahun
yang
berakhir
pada
tanggal-tanggal
31 Desember 2012 dan 2011 telah disetujui
dan disahkan oleh Direksi pada tanggal
18 Februari 2013.
2.
Dasar
penyajian
konsolidasian
laporan
of
the
The issuance of the consolidated financial
statements of the Group as of December 31,
2012, December 31, 2011 and January 1,
2011/December 31, 2010 and for the years
ended December 31, 2012 and 2011 was
approved and authorized by the Board of
Directors on February 18, 2013.
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
a.
Authorization for the issuance
consolidated financial statements
2. SUMMARY
POLICIES
keuangan
a.
OF
SIGNIFICANT
ACCOUNTING
Basis of presentation of the consolidated
financial statements
Laporan keuangan konsolidasian telah disusun
sesuai dengan Standar Akuntansi Keuangan
(“SAK”), yang dikeluarkan oleh Dewan Standar
Akuntansi
Keuangan
Ikatan
Akuntan
Indonesia. Laporan keuangan konsolidasian
juga disusun sesuai dengan Peraturan Badan
Pengawas Pasar Modal dan Lembaga
Keuangan (Bapepam-LK) No. VIII.G.7 tentang
“Penyajian dan Pengungkapan Laporan
Keuangan Emiten atau Perusahaan Publik”
yang terlampir dalam Lampiran Keputusan
Ketua Bapepam-LK No. KEP-347/BL/2012
tanggal 25 Juni 2012.
The consolidated financial statements have
been prepared in accordance with Indonesian
Financial Accounting Standards (“SAK”) issued
by the Board of Financial Accounting Standards
of the Indonesian Institute of Accountants. The
consolidated financial statements have been
also prepared in accordance with Indonesian
Capital Market and Financial Institutions
Supervisory Agency (Bapepam-LK) Regulation
No. VIII.G.7 regarding “Financial Statements
Presentations and Disclosures for Issuers or
Public Companies” included in the Appendix of
the Decision of the Chairman of Bapepam-LK
No. KEP-347/BL/2012 dated June 25, 2012.
Seperti diungkapkan dalam catatan-catatan
terkait di bawah ini, beberapa standar
akuntansi yang telah direvisi dan diterbitkan,
diterapkan efektif tanggal 1 Januari 2012
secara prospektif maupun retrospektif. Oleh
karena itu, laporan keuangan konsolidasian
Grup tanggal 31 Desember 2011 dan
1 Januari 2011/31 Desember 2010 dan untuk
tahun
yang
berakhir
pada
tanggal
31 Desember 2011, telah disajikan kembali.
As disclosed further in the relevant succeeding
notes, several amended and published
accounting standards were adopted effective on
January
1,
2012,
prospectively
or
retrospectively. Accordingly, the consolidated
financial statements of the Group as of
December 31, 2011 and January 1,
2011/December 31, 2010 and for the year
ended December 31, 2011, have been restated.
Laporan keuangan konsolidasian disusun
sesuai dengan PSAK No. 1 (Revisi 2009),
“Penyajian
Laporan
Keuangan”
yang
diterapkan pada tanggal 1 Januari 2011.
The consolidated financial statements are
prepared in accordance with PSAK No. 1
(Revised 2009), “Presentation of Financial
Statements” which is adopted on January 1,
2011.
13
The consolidated financial statements are originally issued in the
Indonesian language.
PT CITRA TUBINDO Tbk DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun Yang Berakhir Pada Tanggal-tanggal
31 Desember 2012 dan 2011
(Disajikan dalam dolar AS, kecuali dinyatakan lain)
2.
PT CITRA TUBINDO Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended
December 31, 2012 and 2011
(Expressed in U.S. dollars, unless otherwise stated)
IKHTISAR KEBIJAKAN AKUNTANSI PENTING
(lanjutan)
a.
Dasar
penyajian
laporan
konsolidasian (lanjutan)
2. SUMMARY OF SIGNIFICANT
POLICIES (continued)
keuangan
a.
ACCOUNTING
Basis of presentation of the consolidated
financial statements (continued)
Kebijakan akuntansi yang diterapkan dalam
penyusunan laporan keuangan konsolidasian
adalah selaras dengan kebijakan akuntansi
yang diterapkan dalam penyusunan laporan
keuangan
konsolidasian
pada
tanggal
31 Desember
2011
dan
1
Januari
2011/31 Desember 2010 dan untuk tahun yang
berakhir pada tanggal 31 Desember 2011,
kecuali bagi penerapan beberapa SAK yang
telah direvisi efektif sejak tanggal 1 Januari
2012 seperti yang telah diungkapkan pada
catatan ini.
The accounting policies adopted in the
preparation of the consolidated financial
statements are consistent with those made in
the preparation of the consolidated financial
statements as of December 31, 2011 and
January 1, 2011/December 31, 2010 and for the
year ended December 31, 2011, except for the
adoption of amended SAKs effective on
January 1, 2012 as disclosed in this note.
Laporan keuangan konsolidasian disusun atas
dasar
akrual
(accrual
basis)
dengan
menggunakan
konsep
biaya
perolehan
(historical cost), kecuali untuk hal-hal seperti
yang diungkapkan dalam catatan berikut yang
relevan.
The consolidated financial statements have
been prepared on the accrual basis using the
historical cost concept, except as disclosed in
the relevant notes herein.
Laporan arus kas konsolidasian menyajikan
penerimaan dan pengeluaran kas dan setara
kas yang dikelompokkan dalam aktivitas
operasi, investasi dan pendanaan. Arus kas
dari aktivitas operasi disajikan dengan
menggunakan metode langsung.
The consolidated statements of cash flows
present receipts and payments of cash and
cash equivalents classified into operating,
investing and financing activities. The cash
flows from operating activities are presented
using the direct method.
Menteri Keuangan Republik Indonesia dalam
Surat Keputusan No. KEP-654/PJ.42/1998
tanggal 2 Desember 1998, menyetujui
permohonan Perusahaan untuk menggunakan
bahasa Inggris dan mata uang dolar Amerika
Serikat (AS) dalam mencatat transaksi dan
pembukuan
Perusahaan
mulai
tanggal
1 Januari 1999. Sejak tanggal tersebut,
Perusahaan mengubah mata uang pelaporan
dan pencatatannya dari rupiah menjadi dolar
AS, sebagai mata uang fungsionalnya, sesuai
dengan PSAK No. 52, “Mata Uang Pelaporan”.
Dolar AS telah memenuhi kriteria sebagai mata
uang fungsionalnya sesuai dengan PSAK
No. 52, karena hampir seluruh penjualan
Perusahaan ditagih dan diterima dalam dolar
AS, mesin dan bahan baku diimpor dari luar
negeri dan beban-beban yang signifikan
seperti beban subkontrak, biaya pengiriman,
royalti dan gaji tenaga asing dinyatakan dan
terutang dalam dolar AS.
The Ministry of Finance of the Republic of
Indonesia,
in
its
Decision
Letter
No. KEP-654/PJ.42/1998 dated December 2,
1998, approved the Company’s application to
maintain its accounting records and conduct its
transactions in the English language and United
States dollar (U.S. dollar) currency, starting
January 1, 1999. Effective on this date, the
Company changed its reporting and recording
currency from rupiah to U.S. dollar, its functional
currency, in accordance with PSAK No. 52,
“Reporting Currency”. The U.S. dollar is
considered as the Company’s functional
currency based on PSAK No. 52, since most of
the Company’s sales are billed and collectible in
U.S. dollar, machineries and raw materials are
imported and major expenses such as subcontract charges, delivery cost, royalty fees and
expatriates’ payroll are denominated and
payable in U.S. dollar.
Lihat juga pada Catatan 2o untuk Implementasi
PSAK