Laporan Keuangan Konsolidasian 31 Maret 2012 PT Bakrieland Development Tbk
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK / AND SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN
31 MARET 2012 DAN 31 DESEMBER 2011
DAN PERIODE YANG BERAKHIR PADA TANGGAL 31 MARET 2012 DAN 2011
CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2012 AND DECEMBER 31, 2011
AND THE PERIOD ENDED MARCH 31, 2012 AND 2011
(MATA UANG INDONESIA)
(INDONESIAN CURRENCY)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
LAPORAN KEUANGAN
KONSOLIDASIAN
31 MARET 2012 DAN 31 DESEMBER 2011
DAN
PERIODE YANG BERAKHIR PADA TANGGAL
31 MARET 2012 DAN 2011
CONSOLIDATED
FINANCIAL STATEMENTS
MARCH 31, 2012 AND DECEMBER 31, 2011
AND
THE PERIOD ENDED
MARCH 31, 2012 AND 2011
DAFTAR ISI
TABLE OF CONTENTS
Halaman/
Page
Directors’ Statement Letter
Surat Pernyataan Direksi
1-2
Laporan Posisi Keuangan Konsolidasian
Laporan Laba Rugi Komprehensif
Konsolidasian
3
Laporan Perubahan Ekuitas Konsolidasian
4-5
6
Laporan Arus Kas Konsolidasian
Catatan Atas Laporan Keuangan Konsolidasian
7 - 123
**************************
Consolidated Statement of Financial Position
Consolidated Statement of Comprehensive
Income
Consolidated Statement of Changes in Equity
Consolidated Statement of Cash Flows
Notes to Consolidated Financial Statements
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2012
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION
March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Desember 2011/
December 31, 2011
ASET
Kas dan setara kas
2d,2i,5,50
Investasi jangka pendek
2i,6,50
Piutang usaha
Pihak ketiga - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 57.413.489.729 pada
31 Maret 2012 dan
pada 31 Desember 2011
2i,7,50
Pihak berelasi - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 1.872.500.645
pada 31 Maret 2012 dan
2f,2i,7,
31 Desember 2011
40,50
Piutang lain-lain
Pihak ketiga - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 44.001.669 pada
31 Maret 2012 dan 31 Desember 2011
2i,8,50
Pihak berelasi - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 2.866.983.437 pada 31 Maret 2012
dan 31 Desember 2011
2f,2i,8,40,50
Persediaan
2j,9
Pajak dibayar di muka
2t,24a
Uang muka dan biaya dibayar di muka
2g,10
Dana dalam pembatasan
2d,2i,11,50
Piutang pihak berelasi - setelah
dikurangi cadangan kerugian penurunan
nilai sebesar Rp 411.758.406
pada 31 Maret 2012
dan 31 Desember 2011
2f,2i,40,50
Penyertaan saham
2i, 2m,12,50
Tanah yang belum dikembangkan
2l,13
Properti investasi - setelah dikurangi akumulasi
penyusutan masing-masing sebesar
Rp 38.864.339.268 pada
31 Maret 2012 dan
Rp 20.079.673.066
2n,14
pada 31 Desember 2011
Aset tetap - setelah dikurangi akumulasi
penyusutan masing-masing sebesar
Rp 799.863.743.466
pada 31 Maret 2012
dan Rp 764.898.538.343
pada 31 Desember 2011
2o,2p,2q,15
Aset pajak tangguhan - bersih
2t,24f
Goodwill
2c,16
Aset lain-lain
2i,17,50
Jumlah Aset
ASSETS
282.166.457.202
6.201.151.125
1.019.108.520.393
156.582.781.920
492.034.458.046
518.744.694
2.022.512.119.776
7.322.589.308
1.498.580.218.013
228.879.148.536
52.657.948.617
269.440.875.035
5.158.640.015.198
695.940.500.823
597.128.042.339
6.685.468.837
Cash and cash equivalents
Short-term investment
Trade receivables
Third parties - net of allowance
for impairment losses of
Rp 57,413,489,729 as of
March 31, 2012 and
991.930.558.167
as of December 31, 2011
Related parties - net of allowance
for impairment losses of
Rp 1,872,500,645
as of March 31, 2012 and
174.446.478.872
as of December 31, 2011
Other receivables
Third parties - net of allowance
for impairment losses of
Rp 44,001,669 as of March 31, 2012
829.163.823.238
and December 31, 2011
Related parties - net of allowance
for impairment losses of
Rp 2,866,983,437 as of March 31,
704.106.754
2012 and December 31, 2011
1.816.318.578.119
Inventories
4.168.616.145
Prepaid taxes
1.207.537.947.709
Advances and prepaid expenses
239.288.930.699
Restricted funds
Due from related parties - net of
allowance for impairment losses of
Rp 411,758,406 as of March 31, 2012
44.193.251.030
and December 31, 2011
298.799.973.340
Investment in shares of stock
4.846.394.733.066
Land bank
Investment properties - net
of accumulated depreciation of
Rp 38,864,339,268 as of
March 31, 2012 and
472.566.282.510
Rp 20,079,673,066
as of December 31, 2011
5.334.634.291.941
133.049.532.781
33.598.690.327
428.962.549.028
5.601.213.500.324
133.162.185.360
33.598.690.327
410.648.431.581
Fixed assets - net of accumulated
depreciation of Rp 799,863,743,466
as of March 31, 2012
and Rp 764,898,538,343
as of December 31, 2011
Deferred tax assets - net
Goodwill
Other assets
17.820.830.592.763
17.707.949.598.417
Total Assets
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
1
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (lanjutan)
31 Maret 2012 and 31 December 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Desember 2011/
December 31, 2011
LIABILITIES AND
STOCKHOLDERS’ EQUITY
LIABILITAS DAN EKUITAS
Liabilitas
Utang bank jangka pendek
Utang usaha - pihak ketiga
Utang lain-lain - pihak ketiga
Biaya masih harus dibayar
Uang muka pelanggan
Pendapatan ditangguhkan
Utang pajak
Liabilitas jangka panjang yang jatuh tempo
dalam satu tahun
Utang bank dan lembaga keuangan
Utang usaha
Utang sewa pembiayaan
Utang obligasi
Utang pihak relasi
Utang obligasi
Utang dividen
Liabilitas derivatif
Liabilitas jangka panjang - setelah
dikurangi bagian jatuh tempo dalam
satu tahun
Utang bank dan lembaga keuangan
Utang usaha
Utang sewa pembiayaan
Cadangan atas penggantian perabotan
dan peralatan
Liabilitas pajak tangguhan - bersih
2i,18,50
2i,19,50
2i,20,50
2i,2v,21,38,50
2i,2s,22,40,50
2s,23,40
2t,24b
2i,25,50
2i,26,50
2i,2q,28,50
2i,2y,27,50
2f ,2i,40,50
2i,2y,27,50
2e,29
2i,42,50
Ekuitas yang dapat diatribusikan kepada
entitas induk
Kepentingan non-pengendali
274.828.000.000
491.661.801.974
312.251.167.099
287.981.402.476
179.112.638.798
152.168.021.100
299.345.702.741
2.397.748.852.678
10.703.203.145
713.763.605
365.481.738.093
154.972.115.496
1.184.349.462.265
669.117.279
27.617.066.100
2.273.747.077.197
12.779.702.925
1.557.924.770
145.303.077.735
1.487.952.737.753
669.117.279
56.691.050.360
Liabilities
Short-term bank loans
Trade payables - third parties
Other payables - third parties
Accrued expenses
Advances from customers
Deferred income
Taxes payable
Current maturities
of long-term debts
Bank and financial institution loans
Trade payables
Obligation under capital lease
Bonds payable
Due to related parties
Bonds payable
Dividends payable
Derivative liabilities
2i,25,50
2i,26,50
2i,2q,28,50
801.421.842.712
16.209.239.175
1.098.840.001
790.817.069.509
16.212.713.318
3.871.249.390
2w,2x
2t,24f
1.484.779.563
16.531.692.067
2.396.013.612
16.531.692.067
Long-term debts - net of current
maturities of long- term debts
Bank and financial institution loans
Trade payables
Obligation under capital lease
Reserve for replacement of furniture
and equipment
Deferred tax liabilities - net
7.095.043.255.206
6.805.878.160.103
Total liabilities
Jumlah Liabilitas
Ekuitas
Ekuitas yang dapat diatribusikan kepada
entitas induk
Modal saham - nilai nominal saham seri A
Rp 500 per saham dan saham seri B
Rp 100 per saham
Modal dasar - terdiri dari 1.400.000.000
saham seri A dan 93.000.000.000
saham seri B
Ditempatkan dan disetor penuh 1.400.000.000 saham seri A
dan 43.521.913.019 saham
seri B pada 31 Maret 2012 dan
1.400.000.000 saham seri A
dan 38.519.772.265 saham
seri B pada 31 Desember 2011
Tambahan modal disetor - bersih
Saham yang diperoleh kembali sebanyak
120.750.000 saham pada 31 Maret 2012
dan 31 Desember 2011
Saldo laba
Ditentukan penggunaannya
Belum ditentukan penggunaannya
Komponen ekuitas lainnya
321.442.784.456
496.258.213.611
233.935.413.938
321.299.655.757
281.812.329.883
172.834.812.757
288.458.332.625
29
2r,31
4.912.191.301.900
2.926.273.855.564
2dd,32
(27.835.501.000 )
40.435.548.418
899.013.105.330
127.192.509.182
Stockholders’ Equity
Equity attributable to
parent entity
Capital stock - par value A series of
Rp 500 per share and B series
of Rp 100 per share
Authorized capital - 1,400,000,000 shares
for A series and 93,000,000,000
shares for B series
Issued and fully paid - A series
of 1,400,000,000 shares and
B series of 43,521,913,019
shares as of March 31, 2012 and
A series of 1,400,000,000 shares
and B series of 38,519,772,265
4.551.977.226.500
shares as of December 31, 2012
2.692.134.706.554
Additional paid-in capital - net
Treasury stock of
120,750,000 as of March 31, 2012
(27.835.501.000 )
and December 31, 2011
Retained earnings
40.435.548.418
Appropriated
948.883.270.402
Unappropriated
141.271.634.363
Others equity
8.877.270.819.394
1.848.516.518.163
8.346.866.885.237
2.555.204.553.077
Equity attributable to parent entity
Non-controlling interest
Jumlah Ekuitas
10.725.787.337.557
10.902.071.438.314
Total equity
Jumlah Liabilitas dan Ekuitas
17.820.830.592.763
17.707.949.598.417
Total Liabilities and
Stockholders’ Equity
2b, 44a
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
2
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
The Period Ended
March 31, 2012 and 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Maret 2011/
March 31, 2011
PENGHASILAN USAHA BERSIH
2s,33,40
400.654.515.190
424.917.021.171
NET REVENUES
BEBAN POKOK PENGHASILAN
2o,2s,34
215.028.232.993
229.140.569.909
COST OF REVENUES
185.626.282.197
195.776.451.262
LABA KOTOR
Beban penjualan
Beban umum dan administrasi
Beban bunga dan keuangan bersih
Laba (rugi) selisih kurs - bersih
Laba (rugi) penjualan/penghapusan
aset tetap
Lain-lain - bersih
2o,2s,2v,35
15,35,38
18,25,36,
43f,43h,43i
2h
(28.611.649.316 )
(135.856.750.417 )
(14.260.222.543 )
(98.917.256.227 )
(79.603.519.943 )
(7.160.707.269 )
(57.731.146.755 )
24.445.147.244
2o,15
37
LABA SEBELUM TAKSIRAN
MANFAAT (BEBAN) PAJAK
GROSS PROFIT
(7.796.250 )
(571.852.075 )
7.476.851.814
Selling expenses
General and administrative expenses
Interest expense and financial
charges - net
Gain (loss) on foreign exchange - net
Gain (loss) on sales/disposal of
fixed asset
Others - net
(66.185.993.073 )
56.789.824.795
INCOME BEFORE PROVISION
FOR TAX BENEFIT (EXPENSES)
(18.547.776.843 )
(2.895.222.266 )
-
(8.445.465.313 )
(443.763.636 )
190.305.803
PROVISION FOR TAX BENEFIT
(EXPENSES)
Final
Current
Deferred
Jumlah taksiran beban
pajak - bersih
(21.442.999.109 )
(8.698.923.146 )
Total provision for tax
expenses - net
LABA TAHUN BERJALAN
(87.628.992.182 )
48.090.901.649
TAKSIRAN MANFAAT (BEBAN) PAJAK
Final
Tahun berjalan
Tangguhan
2t,24c,24e
INCOME CURRENT YEAR
PENDAPATAN KOMPREHENSIF LAIN
Selisih kurs karena penjabaran laporan
keuangan
Rugi yang belum terealisasi atas investasi
efek yang tersedia untuk dijual
(15.078.568.876 )
(23.587.114.658 )
OTHER COMPREHENSIVE INCOME
Exchange differences due to
financial statements translation
Unrealized loss on investment
under available-for-sale
Jumlah pendapatan komprehensif lain
tahun berjalan setelah pajak
(14.079.125.181 )
(28.562.325.436 )
Total other comprehensive income
current year after provision tax
(101.708.117.363 )
19.528.576.213
TOTAL COMPREHENSIVE INCOME
CURRENT YEAR
(49.870.165.072 )
(37.758.827.110 )
15.319.164.848
32.771.736.801
TOTAL INCOME
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interest
(87.628.992.182 )
48.090.901.649
999.443.695
JUMLAH LABA KOMPREHENSIF
TAHUN BERJALAN
JUMLAH LABA YANG DAPAT
DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan non-pengendali
JUMLAH LABA (RUGI) KOMPREHENSIF
YANG DAPAT DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan non-pengendali
LABA (RUGI) PER SAHAM DASAR YANG
DAPAT DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
LABA (RUGI) PER SAHAM DILUSIAN YANG
DAPAT DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
2b,44b
(4.975.210.778 )
(63.941.433.253 )
(37.766.684.110 )
(13.243.160.588 )
32.771.736.801
(101.708.117.363 )
19.528.576.213
2c,44b
2bb,47
(1,19 )
2bb,47
(1,19 )
INCOME (LOSS) ATRIBUTABLE
TO:
Owners of the parent entity
Non-controlling interest
2,07
BASIC EARNINGS PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
0,38
DILUTIVE EARNINGS PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
3
The original consolidated financial statements included herein are in the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Periode Yang Berakhir Pada Tanggal 31 Maret 2012 dan 31 Desember 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
The Period Ended March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable To Owners Of The Parent Entity
Saldo awal, 1 Januari 2011
Penghentian pengakuan
goodwill negatif sesuai
dengan ketentuan transisi
PSAK No.22 (Revisi 2009)
(lihat Catatan 2c dan 16)
Modal Saham
Ditempatkan
dan Disetor
Penuh/
Capital Stock
Issued and
Fully Paid
Tambahan
Modal DisetorBersih/
Additional Paid-In
Capital-Net
4.551.977.139.000
2.692.134.649.679
Selisih
Nilai Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
In Value
of Restructuring
Transaction
of Entities Under
Common Control
Rugi yang belum
Terealisasi atas
Investasi Efek
yang Tersedia
Untuk Dijual/
Unrealized Loss
on Investment
Under
Available
-for-sale
Saham yang
Diperoleh
Kembali/
Treasury
Stock
(27.835.501.000)
(103.776.667.843)
Selisih
Transaksi
Perubahan
Ekuitas
Perusahaan
Assosiasi/
Difference
In The Equity
Transaction of
Associate
Company
54.732.012.959
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Exchange
Difference
Due to Financial
Statement
Translation
(14.882.633.354)
-
-
-
Saldo awal, 1 Januari 2011 setelah
dampak Penerapan PSAK
No. 22 (Revisi 2009)
4.551.977.139.000
2.692.134.649.679
(27.835.501.000)
(103.776.667.843)
54.732.012.959
-
-
-
(60.484.527.864)
-
-
87.500
56.875
-
-
-
-
-
-
-
-
-
4.551.977.226.500
2.692.134.706.554
(27.835.501.000)
Laba (rugi) komprehensif tahun
Berjalan
Pelaksanaan waran (Catatan 30)
Penambahan investasi pada
entitas Anak oleh kepentingan
nonpengendali
Saldo akhir, 31 Desember 2011
-
(164.261.195.707)
-
54.732.012.959
(984.331.528)
266.297.834.038
Belum Ditentukan
Penggunaanya/
Unappropriated
40.435.548.418
563.631.180.053
Jumlah/
Total
Kepentingan
Nonpengendali/
Non-controlling
interest
Jumlah Ekuitas/
Total Equity
8.021.729.230.422
2.459.739.114.639
10.481.468.345.061
Balance, January 1, 2011
-
-
404.407.833.016
404.407.833.016
-
404.407.833.016
266.297.834.038
40.435.548.418
968.039.013.069
8.426.137.063.438
2.459.739.114.639
10.885.876.178.077
Balance January 1, 2011
effect of first time adoption of
PSAK No. 22 (Revised 2009)
369.947.955
-
-
93.905.646.355
14.635.323.779
Comprehensive income (loss)
for the year
-
-
-
-
144.375
-
144.375
Exercise warran (Note 30)
-
-
-
-
-
1.559.792.083
1.559.792.083
Addition investment in
Subsidiaries by Non-controlling
Shareholders
(614.383.573)
266.297.834.038
40.435.548.418
948.883.270.402
8.346.866.885.237
2.555.204.553.077
10.902.071.438.314
Balance December 31, 2011
-
(984.331.528)
-
(14.882.633.354)
Ditentukan
Penggunaannya/
Appropriated
Derecognition of negative goodwill
in accordance with transition
provision of PSAK No. 22
(Revised 2009)
(see Notes 2c and 16)
-
(14.882.633.354)
Saldo Laba/
Retained Earnings
Surplus
Revaluasi Aset
Tetap/
Revaluation
Surplus of
Fixed Assets
(19.155.742.667)
(79.270.322.576)
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
4
The original consolidated financial statements included herein are in the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN (lanjutan)
Periode Yang Berakhir Pada Tanggal 31 Maret 2012 dan 31 Desember 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (continued)
The Period Ended March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable To Owners Of The Parent Entity
Saldo awal, 1 Januari 2012
Laba (rugi) komprehensif tahun
Berjalan
Pelaksanaan waran (Catatan 30)
Penambahan investasi pada
entitas Anak oleh kepentingan
nonpengendali
Saldo akhir, 31 Maret 2012
Modal Saham
Ditempatkan
dan Disetor
Penuh/
Capital Stock
Issued and
Fully Paid
Tambahan
Modal DisetorBersih/
Additional Paid-In
Capital-Net
4.551.977.226.500
2.692.134.706.554
Selisih
Nilai Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
In Value
of Restructuring
Transaction
of Entities Under
Common Control
Rugi yang belum
Terealisasi atas
Investasi Efek
yang Tersedia
Untuk Dijual/
Unrealized Loss
on Investment
Under
Available
-for-sale
Saham yang
Diperoleh
Kembali/
Treasury
Stock
(27.835.501.000)
(164.261.195.707)
Selisih
Transaksi
Perubahan
Ekuitas
Perusahaan
Assosiasi/
Difference
In The Equity
Transaction of
Associate
Company
54.732.012.959
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Exchange
Difference
Due to Financial
Statement
Translation
(14.882.633.354)
Saldo Laba/
Retained Earnings
Surplus
Revaluasi Aset
Tetap/
Revaluation
Surplus of
Fixed Assets
(614.383.573)
Ditentukan
Penggunaannya/
Appropriated
266.297.834.038
Belum Ditentukan
Penggunaanya/
Unappropriated
40.435.548.418
948.883.270.402
Jumlah/
Total
Kepentingan
Nonpengendali/
Non-controlling
interest
Jumlah Ekuitas/
Total Equity
8.346.866.885.237
2.555.204.553.077
10.902.071.438.314
-
-
-
-
-
999.443.695
-
-
(63.949.290.253)
-
(63.949.290.253)
360.214.075.400
234.139.149.010
-
-
-
-
-
-
-
-
594.353.224.410
-
594.353.224.410
-
-
-
-
-
-
-
-
-
-
4.912.191.301.900
2.926.273.855.564
(27.835.501.000)
385.060.122
266.297.834.038
40.435.548.418
899.013.105.330
8.877.270.819.394
(15.078.568.876)
(179.339.764.583)
54.732.012.959
-
(14.882.633.354)
(49.870.165.072)
(706.688.034.914)
1.848.516.518.163
(706.688.034.914)
10.725.787.337.557
Balance, January 1, 2012
Comprehensive income (loss)
for the year
Exercise warran (Note 30)
Addition investment in
Subsidiaries by Non-controlling
Shareholders
Balance March 31, 2012
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
5
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
CASH FLOWS
The Period Ended March 31, 2012 and 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
Periode Yang Berakhir
Pada Tanggal 31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
31 Maret 2012/
March 31, 2012
31 Maret 2011/
March 31, 2011
ARUS KAS DARI AKTIVITAS OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
Pembayaran kas kepada karyawan
Pembayaran kas untuk beban usaha
Pembelian dan pematangan tanah
539.144.623.287
(459.723.599.499 )
(70.722.609.566 )
(136.687.331.943 )
(565.352.245.776 )
232.141.942.342
(31.860.451.417 )
(45.156.500.093 )
(65.310.780.798 )
(118.438.016.248 )
CASH FLOWS FROM OPERATING
Cash received from customers
Cash paid to suppliers
Cash paid to employees
Cash paid for operating expenses
Acquisition of land & land clearing
Kas yang digunakan untuk operasi
Penerimaan bunga
Pembayaran beban bunga dan keuangan
Pembayaran pajak
(693.341.163.497 )
1.201.641.217
(24.410.446.545 )
(52.733.808.226 )
(28.623.806.214 )
10.152.695.183
(60.421.821.247 )
(70.295.856.139 )
Cash used in operations
Interest received
Interest and financial expenses payment
Tax payment
Kas Bersih Yang Digunakan Untuk
Aktivitas Operasi
(769.283.777.051 )
(149.188.788.417 )
Net Cash Used For Operating Activities
ARUS KAS DARI AKTIVITAS
INVESTASI
Pembelian aset tetap
Penurunan penyertaan saham
dan uang muka pembelian saham
Pembayaran utang
Peningkatan properti investasi
Penurunan investasi jangka
pendek
Penurunan dana dalam pembatasan
Penerimaan penjualan aset tetap
Kas Bersih Yang Diperoleh Dari
(Digunakan Untuk) Aktivitas Investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Peningkatan pinjaman jangka panjang
Peningkatan tambahan modal disetor
- Realisasi waran
Pembayaran obligasi
Peningkatan (penurunan) pinjaman
bank jangka pendek
Peningkatan (penurunan) utang
pihak berelasi
Peningkatan modal disetor
- Realisasi waran
Penurunan utang sewa pembiayaan
Peningkatan piutang pihak berelasi
Penurunan utang usaha jangka panjang
(10.561.861.255 )
(39.145.996.612 )
40.409.115.006
(306.723.561.865 )
-
(18.821.282.147 )
CASH FLOWS FROM INVESTING
ACTIVITIES
Acquisition of fixed assets
Decrease in investment in shares
of stock and advance for share purchase
Payables payment
Increase in investment properties
484.317.712
10.409.782.163
6.000.000
186.871.452.209
44.921.410.672
-
Decrease in short-term investments
Decrease in restricted funds
Proceeds from sale of fixed assets
(265.976.208.239 )
173.825.584.122
Net Cash Received From
(Used For) Investing Activities
CASH FLOWS FROM FINANCING
ACTIVITIES
Increase in long-term debt
Increased in additional paid-in capital
Exercise warrant Bond payment
Increase (decrease) in short-term
bank loans
86.989.724.225
84.596.979.857
234.139.149.014
-
(220.000.000.000 )
43.338.784.456
(16.321.066.156 )
9.669.037.761
(5.091.847.079 )
360.214.075.400
(3.616.570.554 )
(8.464.697.587 )
(2.079.973.922 )
(1.382.985.607 )
(9.151.834.663 )
(2.552.180.295 )
Increase (decrease) due to related parties
Increase in issued and fully paid capital stock
Exercise warrant Decrease in obligation under capital lease
Increase in due from related parties
Decrease in long-term trade payables
720.189.528.793
(169.902.933.943 )
Net Cash Received From
(Used For) Financing Activities
PENURUNAN BERSIH
KAS DAN SETARA KAS
(315.070.456.497 )
(145.266.138.238 )
NET DECREASED IN
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS
AWAL TAHUN
597.128.042.339
860.557.957.179
CASH AND CASH EQUIVALENTS
AT BEGINNING OF THE YEAR
Kas Bersih Yang Diperoleh Dari
(Digunakan Untuk) Aktivitas Pendanaan
DAMPAK BERSIH PERUBAHAN
NILAI TUKAR ATAS KAS DAN
SETARA KAS
KAS DAN SETARA KAS
AKHIR TAHUN
108.871.360
(619.173.096 )
282.166.457.202
714.672.645.845
6
NET EFFECTS OF CHANGES IN
EXCHANGE RATE ON CASH AND
CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS
AT END OF THE YEAR
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM
1.
a. Pendirian Perusahaan dan informasi umum
GENERAL
a. Establishment and general information
PT Bakrieland Development Tbk. (“Entitas Induk”)
didirikan pada tanggal 12 Juni 1990 dengan Akta
Notaris John Leonard Waworuntu, S.H., No. 209.
Akta pendirian Entitas Induk disahkan oleh Menteri
Kehakiman Republik Indonesia dalam Surat
Keputusan No. C2-1978.HT.01.01.TH.91 tanggal
31 Mei 1991 dan diumumkan dalam Berita
Negara Republik
Indonesia
No. 93
tanggal
19 November 1991. Anggaran dasar Entitas Induk
telah mengalami beberapa kali perubahan, antara
lain, mengenai perubahan nama dari PT Elang
Realty
Tbk.
menjadi
PT
Bakrieland
Development Tbk. yang diaktakan dengan Akta
Notaris Harun Kamil, S.H., No. 29 tanggal
3 April 1997, yang telah disetujui oleh Menteri
Kehakiman Republik Indonesia dalam Surat
Keputusan No. C2-3097.HT.01.04.Th.97 tanggal
25 April 1997, dan perubahan Anggaran Dasar
selanjutnya termuat pada Akta Notaris Sutjipto, S.H.,
M.Kn., No. 216 tanggal 23 Juni 2008 mengenai
penyesuaian Anggaran Dasar Entitas Induk untuk
disesuaikan dengan Undang-Undang No. 40 Tahun
2007 tentang Perseroan Terbatas. Perubahan ini
telah mendapat persetujuan dari Menteri Hukum dan
Hak Asasi Manusia dalam Surat Keputusan No.
AHU-58505-AH.01.02.
Tahun
2008
tanggal
3 September 2008 dan telah diumumkan dalam
Berita Negara Republik Indonesia No. 96 tanggal
28 November
2008 Tambahan No. 25686.
Perubahan Anggaran Dasar terakhir termuat dalam
Akta Pernyataan Keputusan Rapat Perubahan
Anggaran Dasar No. 43 tanggal 9 Juni 2011 yang
dibuat di hadapan Notaris Aulia Taufani, S.H., selaku
Notaris pengganti dari Sutjipto, S.H., notaris di
Jakarta. Perubahan tersebut telah mendapat
persetujuan dari Menteri Hukum dan Hak Asasi
Manusia dalam Surat Keputusan No. AHU45502.AH.01.02. Tahun 2011 tanggal 19 September
2011.
PT Bakrieland Development Tbk. (“The Company”)
was established with Notarial Deed No. 209 of
John
Leonard
Waworuntu,
S.H.,
dated
June 12, 1990. The Company’s articles of
incorporation was approved by the Minister of
Justice of the Republic of Indonesia in its Decision
Letter
No.
C2-1978.HT.01.01.TH.91
dated
May 31, 1991 and was published in the State
Gazette No. 93 dated November 19, 1991. The
Company’s articles of
association have been
amended several times, among others,
the
changes of the Company’s name from PT Elang
Realty Tbk. to PT Bakrieland Development Tbk.
which have been notarized by Notarial Deed
No. 29 of Harun Kamil, S.H., dated April 3, 1997.
The change was approved by the Minister of
Justice of the Republic of Indonesia, in its Decision
Letter
No. C2-3097.HT.01.04.Th.97
dated
April 25, 1997 and the last Article of Association
were amended by Notarial Deed No. 216 of
Sutjipto, S.H., M.Kn., dated June 23, 2008 in order
to conform with Corporate Law No. 40 Year 2007.
This amendment was approved by the Ministry of
Justice and Human Rights in its Decision Letter
No. AHU-58505-AH.01.02
Year
2008
dated
September 3, 2008
and was
published
in
Supplement No. 25686 of State Gazette No. 96
dated November 28, 2008. The last amended
Company’s articles of association stated in Deed
of Statement of Meeting of the Company’s
Amendment Article of Association No.43 of Aulia
Taufani, S.H., dated June 9, 2011, as the
replacement of Sutjipto, S.H., notary in Jakarta.
This amendment was approved by the Minister of
Justice of the Republic of Indonesia, in its Decision
Letter No. AHU-45502.AH.01.02 Year 2011 dated
September 19, 2011.
Sesuai dengan pasal 3 Anggaran Dasarnya, Entitas
Induk bergerak dalam bidang pembangunan,
perdagangan dan jasa, termasuk usaha jasa
manajemen dan penyertaan pada Entitas yang
berhubungan dengan usaha real estat dan properti,
serta dalam bidang infrastruktur.
According to Article 3 of the Article of Association,
the scope of the Company’s activities comprises of
development, trading and services, including
management service and investment in real estate
and property, and infrastructure.
Entitas Induk berdomisili di Jakarta, kantor pusat
Entitas Induk berlokasi di Gedung Wisma Bakrie 1
Lantai 6 dan 7, Jalan H.R. Rasuna Said Kav. B1,
Jakarta Selatan. Saat ini Grup memiliki properti yang
terletak di Jakarta, Bogor, Malang, Sukabumi,
Bekasi, Lampung, Batam, Balikpapan, Tangerang
dan Bali.
The Company is domiciled in Jakarta and its head
office is located at Wisma Bakrie 1, 6th and 7th
Floor, Jalan H.R. Rasuna Said Kav. B1, South
Jakarta. Group have property at Jakarta, Bogor,
Malang, Sukabumi, Bekasi, Lampung, Batam,
Balikpapan, Tangerang and Bali.
Entitas Induk mulai beroperasi secara komersial
pada tahun 1990.
The Company started its commercial operations
in 1990.
7
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
b. Penawaran Umum Efek dan Obligasi Entitas
Induk
GENERAL (continued)
b. Public Offering of Shares and Bonds of The
Company
Pada tanggal 13 Oktober 1995, Entitas Induk telah
memperoleh pernyataan efektif dari Ketua Badan
Pengawas
Pasar
Modal
(BAPEPAM)
No. S-1304/PM/1995 untuk melakukan Penawaran
Umum Perdana kepada masyarakat atas 110 juta
saham dengan nilai nominal Rp 500 per saham
melalui Bursa Efek Jakarta dengan harga
penawaran Rp 625 per saham. Entitas Induk telah
mencatatkan seluruh sahamnya di Bursa Efek
Jakarta pada tanggal 30 Oktober 1995.
On October 13, 1995, the Company has obtained
an effective statement letter from the Chairman of
the
Capital
Market
Supervisory
Agency
(BAPEPAM) No. S-1304/PM/1995 to undertake an
Intial Public Offering of its 110 million shares with
par value of Rp 500 per share through Jakarta
Stock Exchange at the offering price of Rp 625 per
share. The Company has listed all its shares
issued and fully paid in the Jakarta Stock
Exchange on October 30, 1995.
Pada tanggal 15 September 1997, Entitas Induk
melakukan Penawaran Umum Terbatas I dengan
Hak Memesan Efek Terlebih Dahulu (HMETD) atas
1.050 juta saham dengan nilai nominal dan harga
penawaran Rp 500 per saham. Seluruh saham telah
dicatatkan di Bursa Efek Jakarta pada tanggal
6 Oktober 1997.
On September 15, 1997, the Company conducted
a Limited Public Offering I through pre-emptive
rights to issue 1,050 million shares with par value
and offering price of Rp 500 per share. The whole
shares have been listed in the Jakarta Stock
Exchange on October 6, 1997.
Pada tanggal 22 November 2005, Entitas Induk
melakukan Penawaran Umum Terbatas II dengan
HMETD atas 4,2 miliar saham biasa seri B dengan
nilai nominal Rp 100 per saham dan harga
penawaran Rp 150 per saham yang seluruh saham
yang ditempatkan dan disetor penuh telah dicatatkan
di
Bursa
Efek
Jakarta
pada
tanggal
12 Desember 2005.
On November 22, 2005, the Company conducted a
Limited Public Offering II through pre-emptive
rights to issue 4.2 billion B series shares with par
value of Rp 100 per share and offering price of
Rp 150 per share, which all of its shares issued
and fully paid have been listed in the Jakarta Stock
Exchange on December 12, 2005.
Pada tanggal 16 April 2007 Entitas Induk
memperoleh Surat Pemberitahuan Efektif atas
Pernyataan Pendaftaran Emisi Saham dari ketua
Bapepam-LK untuk melakukan Penawaran Umum
Terbatas III dengan HMETD atas 14 miliar saham
biasa seri B dengan nominal Rp 100 per saham dan
harga penawaran Rp 200 per saham, yang seluruh
saham ditempatkan dan disetor penuh telah
dicatatkan di Bursa Efek Jakarta pada tanggal
1 Mei 2007. Dengan diterbitkannya saham tersebut,
maka jumlah saham Entitas Induk yang telah
dicatatkan
di
bursa
menjadi
sebanyak
19.600.000.000 saham.
On April 16, 2007, the Company received Effective
Letter for share issuance from Bapepam-LK to
conduct a Limited Public Offering III through preemptive rights to issue 14 billion B series shares
with par value Rp 100 per share and offering price
of Rp 200 per share, which all of its shares issued
and fully paid have been listed in the Jakarta Stock
Exchange on May 1, 2007. Therefore the total of
the Company’s shares listed on Stock Exchange is
19,600,000,000 shares.
Berkenaan dengan Penawaran Umum Terbatas III,
Entitas Induk juga menerbitkan waran, dimana untuk
setiap 50 saham baru hasil pelaksanaan HMETD
tersebut melekat 7 Waran Seri I yang diberikan
cuma-cuma sebagai insentif bagi pemegang saham
Entitas Induk dan/atau pemegang HMETD yang
melaksanakan haknya (lihat Catatan 30).
In regards to Limited Public Offering III, the
Company also issued Warrant Seri I in which for
each 50 new shares from pre-emptive rights
includes 7 warrants issued as incentive for the
Company shareholders and/or pre-emptive rights
holders that exercise their right (see Note 30).
Pada tanggal 30 November 2007, Bursa Efek
Jakarta dan Bursa Efek Surabaya telah bergabung
menjadi Bursa Efek Indonesia.
On November 30, 2007, Jakarta Stock Exchange
and Surabaya Stock Exchange have merged to
become Indonesia Stock Exchange.
Pada tanggal 28 Februari 2008, Entitas Induk telah
mendapatkan pemberitahuan efektif pernyataan
pendaftaran dalam rangka Penawaran Umum
Obligasi I Bakrieland Development Tahun 2008
dengan Tingkat Bunga Tetap dari Badan Pengawas
Pasar Modal dan Lembaga Keuangan berdasarkan
Surat No. S-1220/BL/2008.
On February 28, 2008, the Company received
effective confirmation statement in regards with
Public Offering of Fixed Rate Bonds I Bakrieland
Development Year 2008 from Capital Market and
Financial Institution Supervisory Agency’s based
on its Letter No. S-1220/BL/2008.
8
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
b. Penawaran Umum Efek dan Obligasi Entitas
Induk (lanjutan)
GENERAL (continued)
b. Public Offering of Shares and Bonds of The
Company (continued)
Pada tanggal 11 Maret 2008, Entitas Induk
menerbitkan Obligasi I Bakrieland Development
Tahun 2008 dengan Tingkat Bunga Tetap, dengan
PT Bank Permata Tbk. sebagai wali amanat. Nilai
nominal obligasi keseluruhan adalah Rp 500 miliar
(lihat Catatan 27 butir b).
On March 11, 2008, the Company issued its
Bakrieland Development Bonds I Year 2008 with
Fixed Rates, with PT Bank Permata Tbk. as the
trustee. The bonds have a total face value of
Rp 500 billion (see Note 27 point b).
Pada tanggal 29 Juni 2009, Entitas Induk telah
mendapatkan pemberitahuan efektif pernyataan
pendaftaran dalam rangka Penawaran Umum Sukuk
Ijarah I Bakrieland Development Tahun 2009 dengan
cicilan imbalan ijarah sebesar Rp 314,8 juta dari
Badan Pengawas Pasar Modal dan Lembaga
Keuangan berdasarkan Surat No. S-5660/BL/2009.
On June 29, 2009, the Company received effective
confirmation statement in regards with Public
Offering of Sukuk Ijarah I Bakrieland Development
Year 2009 with annual fixed Ijarah return (“Cicilan
Imbalan Ijarah”) totalling of Rp 314.8 million from
Capital Market and Financial Institution Supervisory
Agency’s based on its Letter No. S-5660/BL/2009.
Pada tanggal 7 Juli 2009, Entitas Induk menerbitkan
Sukuk Ijarah I Bakrieland Development Tahun 2009,
dengan PT Bank Mega Tbk. sebagai wali amanat.
Nilai nominal Sukuk Ijarah keseluruhan sebesar
Rp 150 miliar (lihat Catatan 27 butir c).
On July 7, 2009, the Company issued its Sukuk
Ijarah I Bakrieland Development Year 2009, with
PT Bank Mega Tbk. as the trustee. The bonds have
a total face value of Rp 150 billion (see Note 27
point c).
Pada tanggal 25 Juni 2010 Entitas Induk
memperoleh Surat Pemberitahuan Efektif atas
Pernyataan Pendaftaran Emisi Saham dari ketua
Bapepam-LK untuk melakukan Penawaran Umum
Terbatas IV dengan HMETD atas 19,96 miliar saham
biasa seri B dengan nominal Rp 100 per saham dan
harga penawaran Rp 160 per saham. Dengan
diterbitkannya saham tersebut, maka jumlah saham
Entitas Induk yang telah dicatatkan di bursa menjadi
sebanyak 39,92 miliar saham.
On June 25, 2010, the Company received Effective
Letter for share issuance from Bapepam-LK to
conduct a Limited Public Offering IV through preemptive rights to issue 19.96 billion series shares
with par value of Rp 100 per share and offering
price of Rp 160 per share. Therefore the total of
shares listed on Stock Exchange is 39.92 billion
shares.
Berkenaan dengan Penawaran Umum Terbatas IV
tersebut, Entitas Induk juga menerbitkan waran,
dimana untuk setiap 20 saham baru hasil
pelaksanaan HMETD tersebut melekat 7 Waran Seri
II yang diberikan cuma-cuma sebagai insentif bagi
pemegang saham Entitas Induk dan/atau pemegang
HMETD
yang
melaksanakan
haknya (lihat
Catatan 30).
In regards to the Limited Public Offering IV, the
Company also issued Warrant Series II in which for
each 20 new shares from pre-emptive rights
includes 7 warrants series II issued as incentive for
the Company shareholders and/or pre-emptive
rights holders that exercise their right (see
Note 30).
c. Struktur Entitas Anak
c. The Structure of Subsidiaries
As of March 31, 2012 and December 31, 2011, the
Company has Subsidiaries as follows:
Pada tanggal 31 Maret 2012 dan 31 Desember
2011, Entitas Induk memiliki Entitas Anak sebagai
berikut:
31 Maret 2012/March 31, 2012
Entitas Anak /
Subsidiaries
Lokasi Proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Tahun Pendirian /
Establishment
99,99
1988
Rp
10.319.777.461
99,99
1990
Rp
253.181.583.233
90,00
1994
Rp
169.770.595.871
99,78
69,62
1988
1982
Rp
Rp
7.948.971.749.049
3.000.095.684.113
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Citrasaudara Abadi (“CSA”)
PT Villa Del Sol (“VDS”)
a)
PT Krakatau Lampung Tourism
Development (“KLTD”)
PT Graha Andrasentra
Propertindo (“GAP”)
PT Bakrie Swasakti Utama (“BSU”)
Tangerang,
Banten
Cipanas,
Jawa Barat
Lampung
Bogor,
Jawa Barat
Jakarta
9
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Maret 2012/March 31, 2012
Entitas Anak /
Subsidiaries
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
69,99
99,99
69,99
69,99
99,99
99,96
99,98
100,00
2006
2007
2006
2007
2008
2009
2009
2010
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
669.186.356.839
1.419.324.356.266
551.482.518.580
3.522.656.927.536
107.421.307.363
14.141.687.680
28.635.416.759
1.073.358.822.191
100,00
2008
Rp
773.520.713.518
Bekasi,
Sukabumi,
Jawa Barat
Bali
99,30
98,78
1995
1997
Rp
Rp
16.667.387.661
147.581.908.330
Lokasi Proyek /
Domicile
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Superwish Perkasa (“SP”) a)
PT Bakrie Nirwana Semesta (“BNS”)
PT Bumi Daya Makmur (“BDM”)
PT Bakrie Infrastructure (“BI”)
PT Bakrie Pangripta Loka (“BPLK”)
PT Bakrie Graha Investama (“BGI”)
PT Bakrie Sentra Investama (“BSI”) a)
BLD Investment Pte. Ltd. (”BLDI”)
Limitless World International
Services – 6 Ltd. (“LW-6”)
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Singapura
Dubai,
United Arab Emirates
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Sanggraha Pelita Sentosa
(“SPS”)
PT Graha Intan Bali (“GIB”) b)
PT Samudra Asia Nasional
(“SAN”)
PT Dutaperkasa Unggullestari
(“DPUL”)
PT Mutiara Permata Biru (“MPB”)
PT Bahana Sukmasejahtera
(“BSS”) a)
PT Bukit Jonggol Asri (“BJA”)
Bali
99,78
2003
Rp
727.954.507.298
Malang, Jawa Timur
Batam
64,86
99,77
1992
1999
Rp
Rp
180.135.618.993
63.582.164.036
Bogor, Jawa Barat
Jonggol, Bogor
99,96
50,00
1996
1997
Rp
Rp
924.253.867.271
3.503.853.992.185
Jakarta
94,70
1996
Rp
27.618.693.242
Jakarta
94,70
2004
Rp
27.960.904.586
Balikpapan,
Kalimantan Timur
Ubud, Bali
Jakarta
Kuta, Bali
Tanah Lot, Bali
Jakarta
99,99
99,99
99,80
99,92
52,55
99,99
2006
1999
2008
2008
1992
2008
Rp
Rp
Rp
Rp
Rp
Rp
70.930.650.614
15.358.413.188
11.736.823.596
65.950.080.797
996.246.408.365
237.414.237.121
Melalui BI / Through BI:
PT Bakrie Toll Road (“BTR”)
PT Amerta Bumi Capital (“ABC”) a)
PT Alberta Utilities (AI) a)
Jakarta
Surabaya
Jakarta
65,55
51,00
75,03
2008
2009
2006
Rp
Rp
Rp
3.456.623.472.169
4.173.023.639
3.908.204.008
Melalui LW-6 / Through LW-6:
PT Bakrie Swasakti Utama (“BSU”)
PT Bumi Daya Makmur (“BDM”)
PT Superwish Perkasa (SP) a)
Jakarta
Jakarta
Jakarta
30,00
30,00
30,00
1982
2006
2006
Rp
Rp
Rp
3.000.095.684.113
551.482.518.580
669.186.356.839
Jakarta
99,99
2002
Rp
1.278.873.284.432
British Virgin Island
British Virgin Island
100,00
100,00
2001
1999
Rp
Rp
176.453.422.763
105.872.057.594
Jawa Barat
60,00
2005
Rp
3.029.273.910.644
Melalui BSU / Through BSU:
PT Bakrie Pesona Rasuna (“BPR”)
PT Rasuna Residence Development
(“RRD”)
Melalui BNS / Through BNS:
PT Libratindo Gemilang (“LG”) a)
a)
PT Berkah Puhu Lestari (“BPL”)
PT Bakrie Graha Nirwana (“BGN”) a)
PT Nirwana Legian Hotel (“NLH”)
PT Bali Nirwana Resort (“BNR”)
PT Bakrie Bangun Persada (“B2P”)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui BTR / Through BTR:
PT Satria Cita Perkasa (“SCP”)
Transglobal Finance Limited
(“TGF”) a)
Pan Galactic Invesment (“PGI”)
Melalui SCP / Through SCP:
PT Semesta Marga Raya (“SMR”)
10
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Maret 2012/March 31, 2012
Lokasi Proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
Melalui TGF / Through TGF:
PT Semesta Marga Raya (“SMR”)
Jawa Barat
25,00
2005
Rp
3.029.273.910.644
Melalui PGI / Through PGI:
PT Semesta Marga Raya (“SMR”)
Jawa Barat
15,00
2005
Rp
3.029.273.910.644
Jakarta
99,74
2008
Rp
42.301.143.481
Jakarta
99,59
1994
Rp
485.921.700
Singapura
100,00
2010
Rp
95.822.024
Balikpapan,
Kalimantan Timur
99,00
2008
Rp
8.598.624.661
Jonggol, Bogor
99,83
2011
Rp
299.309.613.971
Entitas Anak /
Subsidiaries
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui BPLK / Through BPLK:
PT Provices Indonesia (“PVI”)
PT Rasuna Caturtama
Corpora (“RCC”) b)
Melalui BLDI / Through BLDI:
BLD Asia Pte. Ltd. (“BLDA”)
Melalui BGI / Through BGI:
PT Hotel Elty Tenggarong
(formerly PT Bakrie Armo
Nirwana) (“BAN”)
Melalui BJA / Through BJA:
PT Jungleland Asia
(formerly PT Garda Mulia
Persada) (“JLA”) a)
31 Desember 2011/December 31, 2011
Entitas Anak /
Subsidiaries
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Citrasaudara Abadi (“CSA”) a)
PT Villa Del Sol (“VDS”)
a) b)
PT Krakatau Lampung Tourism
Development (“KLTD”) a)
PT Graha Andrasentra
Propertindo (“GAP”)
PT Bakrie Swasakti Utama (“BSU”)
PT Superwish Perkasa (“SP”) b)
PT Bakrie Nirwana Semesta (“BNS”)
PT Bumi Daya Makmur (“BDM”)
PT Bakrie Infrastructure (“BI”)
PT Bakrie Pangripta Loka (“BPLK”)
PT Bakrie Graha Investama (“BGI”) a)
PT Bakrie Sentra Investama (“BSI”) a) b)
BLD Investment Pte. Ltd. (”BLDI”) a)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Sanggraha Pelita Sentosa
(“SPS”)
PT Graha Intan Bali (“GIB”) b)
PT Samudra Asia Nasional
(“SAN”)
Lokasi proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Jumlah aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Tangerang,
Banten
Cipanas,
Jawa Barat
99,99
1988
Rp
10.347.541.085
99,99
1990
Rp
253.155.483.233
Tahun Pendirian /
Establishment
Lampung
Bogor,
Jawa Barat
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Singapura
90,00
1994
Rp
170.083.088.198
99,78
69,62
69,99
99,99
69,99
69,99
99,99
99,96
99,98
100,00
1988
1982
2006
2007
2006
2007
2008
2009
2009
2010
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
7.153.081.533.958
3.325.281.752.454
669.719.332.407
1.220.664.321.293
555.295.721.193
3.496.522.085.855
93.733.010.542
14.652.514.146
28.669.296.771
1.053.140.435.888
Bekasi,
Sukabumi,
Jawa Barat
Bali
99,30
98,78
1995
1997
Rp
Rp
16.725.148.645
17.711.391.350
Bali
99,78
2003
Rp
596.652.417.801
11
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Desember 2011/December 31, 2011
Entitas Anak /
Subsidiaries
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
Malang, Jawa Timur
Batam
64,86
99,77
1992
1999
Rp
Rp
181.325.552.840
59.331.154.363
Bogor, Jawa Barat
Jonggol, Bogor
99,96
50,00
1996
1997
Rp
Rp
924.794.402.325
3.444.091.206.370
Jakarta
94,70
1996
Rp
19.336.844.105
Jakarta
94,70
2004
Rp
26.436.004.243
Balikpapan,
Kalimantan Timur
Ubud, Bali
Jakarta
Kuta, Bali
Tanah Lot, Bali
Jakarta
99,99
99,99
99,80
99,92
52,55
99,99
2006
1999
2008
2008
1992
2008
Rp
Rp
Rp
Rp
Rp
Rp
68.488.203.522
15.419.224.507
10.721.951.906
47.796.169.113
978.863.748.408
196.344.246.316
Jakarta
Surabaya
Jakarta
99,99
51,00
75,03
2008
2009
2006
Rp
Rp
Rp
3.430.739.273.359
3.852.900.733
3.891.099.499
Lokasi proyek /
Domicile
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Dutaperkasa Unggullestari
(“DPUL”)
PT Mutiara Permata Biru (“MPB”)
PT Bahana Sukmasejahtera
(“BSS”) a)
PT Bukit Jonggol Asri (“BJA”)
Melalui BSU / Through BSU:
PT Bakrie Pesona Rasuna (“BPR”)
PT Rasuna Residence Development
(“RRD”)
Melalui BNS / Through BNS:
PT Libratindo Gemilang (“LG”) a)
a)
PT Berkah Puhu Lestari (“BPL”)
PT Bakrie Graha Nirwana (“BGN”) a)
PT Nirwana Legian Hotel (“NLH”)
PT Bali Nirwana Resort (“BNR”)
PT Bakrie Bangun Persada (“B2P”)
Melalui BI / Through BI:
PT Bakrie Toll Road (“BTR”)
PT Amerta Bumi Capital (“ABC”) a)
PT Alberta Utilities (AI) a)
Melalui BTR / Through BTR:
PT Satria Cita Perkasa (“SCP”)
Transglobal Finance Limited
(“TGF”) a)
Pan Galactic Invesment (“PGI”)
Jumlah aset
(sebelum eliminasi) /
To
DAN ENTITAS ANAK / AND SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN
31 MARET 2012 DAN 31 DESEMBER 2011
DAN PERIODE YANG BERAKHIR PADA TANGGAL 31 MARET 2012 DAN 2011
CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2012 AND DECEMBER 31, 2011
AND THE PERIOD ENDED MARCH 31, 2012 AND 2011
(MATA UANG INDONESIA)
(INDONESIAN CURRENCY)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
LAPORAN KEUANGAN
KONSOLIDASIAN
31 MARET 2012 DAN 31 DESEMBER 2011
DAN
PERIODE YANG BERAKHIR PADA TANGGAL
31 MARET 2012 DAN 2011
CONSOLIDATED
FINANCIAL STATEMENTS
MARCH 31, 2012 AND DECEMBER 31, 2011
AND
THE PERIOD ENDED
MARCH 31, 2012 AND 2011
DAFTAR ISI
TABLE OF CONTENTS
Halaman/
Page
Directors’ Statement Letter
Surat Pernyataan Direksi
1-2
Laporan Posisi Keuangan Konsolidasian
Laporan Laba Rugi Komprehensif
Konsolidasian
3
Laporan Perubahan Ekuitas Konsolidasian
4-5
6
Laporan Arus Kas Konsolidasian
Catatan Atas Laporan Keuangan Konsolidasian
7 - 123
**************************
Consolidated Statement of Financial Position
Consolidated Statement of Comprehensive
Income
Consolidated Statement of Changes in Equity
Consolidated Statement of Cash Flows
Notes to Consolidated Financial Statements
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2012
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION
March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Desember 2011/
December 31, 2011
ASET
Kas dan setara kas
2d,2i,5,50
Investasi jangka pendek
2i,6,50
Piutang usaha
Pihak ketiga - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 57.413.489.729 pada
31 Maret 2012 dan
pada 31 Desember 2011
2i,7,50
Pihak berelasi - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 1.872.500.645
pada 31 Maret 2012 dan
2f,2i,7,
31 Desember 2011
40,50
Piutang lain-lain
Pihak ketiga - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 44.001.669 pada
31 Maret 2012 dan 31 Desember 2011
2i,8,50
Pihak berelasi - setelah dikurangi
cadangan kerugian penurunan nilai
sebesar Rp 2.866.983.437 pada 31 Maret 2012
dan 31 Desember 2011
2f,2i,8,40,50
Persediaan
2j,9
Pajak dibayar di muka
2t,24a
Uang muka dan biaya dibayar di muka
2g,10
Dana dalam pembatasan
2d,2i,11,50
Piutang pihak berelasi - setelah
dikurangi cadangan kerugian penurunan
nilai sebesar Rp 411.758.406
pada 31 Maret 2012
dan 31 Desember 2011
2f,2i,40,50
Penyertaan saham
2i, 2m,12,50
Tanah yang belum dikembangkan
2l,13
Properti investasi - setelah dikurangi akumulasi
penyusutan masing-masing sebesar
Rp 38.864.339.268 pada
31 Maret 2012 dan
Rp 20.079.673.066
2n,14
pada 31 Desember 2011
Aset tetap - setelah dikurangi akumulasi
penyusutan masing-masing sebesar
Rp 799.863.743.466
pada 31 Maret 2012
dan Rp 764.898.538.343
pada 31 Desember 2011
2o,2p,2q,15
Aset pajak tangguhan - bersih
2t,24f
Goodwill
2c,16
Aset lain-lain
2i,17,50
Jumlah Aset
ASSETS
282.166.457.202
6.201.151.125
1.019.108.520.393
156.582.781.920
492.034.458.046
518.744.694
2.022.512.119.776
7.322.589.308
1.498.580.218.013
228.879.148.536
52.657.948.617
269.440.875.035
5.158.640.015.198
695.940.500.823
597.128.042.339
6.685.468.837
Cash and cash equivalents
Short-term investment
Trade receivables
Third parties - net of allowance
for impairment losses of
Rp 57,413,489,729 as of
March 31, 2012 and
991.930.558.167
as of December 31, 2011
Related parties - net of allowance
for impairment losses of
Rp 1,872,500,645
as of March 31, 2012 and
174.446.478.872
as of December 31, 2011
Other receivables
Third parties - net of allowance
for impairment losses of
Rp 44,001,669 as of March 31, 2012
829.163.823.238
and December 31, 2011
Related parties - net of allowance
for impairment losses of
Rp 2,866,983,437 as of March 31,
704.106.754
2012 and December 31, 2011
1.816.318.578.119
Inventories
4.168.616.145
Prepaid taxes
1.207.537.947.709
Advances and prepaid expenses
239.288.930.699
Restricted funds
Due from related parties - net of
allowance for impairment losses of
Rp 411,758,406 as of March 31, 2012
44.193.251.030
and December 31, 2011
298.799.973.340
Investment in shares of stock
4.846.394.733.066
Land bank
Investment properties - net
of accumulated depreciation of
Rp 38,864,339,268 as of
March 31, 2012 and
472.566.282.510
Rp 20,079,673,066
as of December 31, 2011
5.334.634.291.941
133.049.532.781
33.598.690.327
428.962.549.028
5.601.213.500.324
133.162.185.360
33.598.690.327
410.648.431.581
Fixed assets - net of accumulated
depreciation of Rp 799,863,743,466
as of March 31, 2012
and Rp 764,898,538,343
as of December 31, 2011
Deferred tax assets - net
Goodwill
Other assets
17.820.830.592.763
17.707.949.598.417
Total Assets
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
1
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (lanjutan)
31 Maret 2012 and 31 December 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Desember 2011/
December 31, 2011
LIABILITIES AND
STOCKHOLDERS’ EQUITY
LIABILITAS DAN EKUITAS
Liabilitas
Utang bank jangka pendek
Utang usaha - pihak ketiga
Utang lain-lain - pihak ketiga
Biaya masih harus dibayar
Uang muka pelanggan
Pendapatan ditangguhkan
Utang pajak
Liabilitas jangka panjang yang jatuh tempo
dalam satu tahun
Utang bank dan lembaga keuangan
Utang usaha
Utang sewa pembiayaan
Utang obligasi
Utang pihak relasi
Utang obligasi
Utang dividen
Liabilitas derivatif
Liabilitas jangka panjang - setelah
dikurangi bagian jatuh tempo dalam
satu tahun
Utang bank dan lembaga keuangan
Utang usaha
Utang sewa pembiayaan
Cadangan atas penggantian perabotan
dan peralatan
Liabilitas pajak tangguhan - bersih
2i,18,50
2i,19,50
2i,20,50
2i,2v,21,38,50
2i,2s,22,40,50
2s,23,40
2t,24b
2i,25,50
2i,26,50
2i,2q,28,50
2i,2y,27,50
2f ,2i,40,50
2i,2y,27,50
2e,29
2i,42,50
Ekuitas yang dapat diatribusikan kepada
entitas induk
Kepentingan non-pengendali
274.828.000.000
491.661.801.974
312.251.167.099
287.981.402.476
179.112.638.798
152.168.021.100
299.345.702.741
2.397.748.852.678
10.703.203.145
713.763.605
365.481.738.093
154.972.115.496
1.184.349.462.265
669.117.279
27.617.066.100
2.273.747.077.197
12.779.702.925
1.557.924.770
145.303.077.735
1.487.952.737.753
669.117.279
56.691.050.360
Liabilities
Short-term bank loans
Trade payables - third parties
Other payables - third parties
Accrued expenses
Advances from customers
Deferred income
Taxes payable
Current maturities
of long-term debts
Bank and financial institution loans
Trade payables
Obligation under capital lease
Bonds payable
Due to related parties
Bonds payable
Dividends payable
Derivative liabilities
2i,25,50
2i,26,50
2i,2q,28,50
801.421.842.712
16.209.239.175
1.098.840.001
790.817.069.509
16.212.713.318
3.871.249.390
2w,2x
2t,24f
1.484.779.563
16.531.692.067
2.396.013.612
16.531.692.067
Long-term debts - net of current
maturities of long- term debts
Bank and financial institution loans
Trade payables
Obligation under capital lease
Reserve for replacement of furniture
and equipment
Deferred tax liabilities - net
7.095.043.255.206
6.805.878.160.103
Total liabilities
Jumlah Liabilitas
Ekuitas
Ekuitas yang dapat diatribusikan kepada
entitas induk
Modal saham - nilai nominal saham seri A
Rp 500 per saham dan saham seri B
Rp 100 per saham
Modal dasar - terdiri dari 1.400.000.000
saham seri A dan 93.000.000.000
saham seri B
Ditempatkan dan disetor penuh 1.400.000.000 saham seri A
dan 43.521.913.019 saham
seri B pada 31 Maret 2012 dan
1.400.000.000 saham seri A
dan 38.519.772.265 saham
seri B pada 31 Desember 2011
Tambahan modal disetor - bersih
Saham yang diperoleh kembali sebanyak
120.750.000 saham pada 31 Maret 2012
dan 31 Desember 2011
Saldo laba
Ditentukan penggunaannya
Belum ditentukan penggunaannya
Komponen ekuitas lainnya
321.442.784.456
496.258.213.611
233.935.413.938
321.299.655.757
281.812.329.883
172.834.812.757
288.458.332.625
29
2r,31
4.912.191.301.900
2.926.273.855.564
2dd,32
(27.835.501.000 )
40.435.548.418
899.013.105.330
127.192.509.182
Stockholders’ Equity
Equity attributable to
parent entity
Capital stock - par value A series of
Rp 500 per share and B series
of Rp 100 per share
Authorized capital - 1,400,000,000 shares
for A series and 93,000,000,000
shares for B series
Issued and fully paid - A series
of 1,400,000,000 shares and
B series of 43,521,913,019
shares as of March 31, 2012 and
A series of 1,400,000,000 shares
and B series of 38,519,772,265
4.551.977.226.500
shares as of December 31, 2012
2.692.134.706.554
Additional paid-in capital - net
Treasury stock of
120,750,000 as of March 31, 2012
(27.835.501.000 )
and December 31, 2011
Retained earnings
40.435.548.418
Appropriated
948.883.270.402
Unappropriated
141.271.634.363
Others equity
8.877.270.819.394
1.848.516.518.163
8.346.866.885.237
2.555.204.553.077
Equity attributable to parent entity
Non-controlling interest
Jumlah Ekuitas
10.725.787.337.557
10.902.071.438.314
Total equity
Jumlah Liabilitas dan Ekuitas
17.820.830.592.763
17.707.949.598.417
Total Liabilities and
Stockholders’ Equity
2b, 44a
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
2
The original consolidated financial statements included herein are in the
Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN LABA RUGI KOMPREHENSIF
KONSOLIDASIAN
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
Catatan/
Notes
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
The Period Ended
March 31, 2012 and 2011
(Expressed in Rupiah, unless otherwise stated)
31 Maret 2012/
March 31, 2012
31 Maret 2011/
March 31, 2011
PENGHASILAN USAHA BERSIH
2s,33,40
400.654.515.190
424.917.021.171
NET REVENUES
BEBAN POKOK PENGHASILAN
2o,2s,34
215.028.232.993
229.140.569.909
COST OF REVENUES
185.626.282.197
195.776.451.262
LABA KOTOR
Beban penjualan
Beban umum dan administrasi
Beban bunga dan keuangan bersih
Laba (rugi) selisih kurs - bersih
Laba (rugi) penjualan/penghapusan
aset tetap
Lain-lain - bersih
2o,2s,2v,35
15,35,38
18,25,36,
43f,43h,43i
2h
(28.611.649.316 )
(135.856.750.417 )
(14.260.222.543 )
(98.917.256.227 )
(79.603.519.943 )
(7.160.707.269 )
(57.731.146.755 )
24.445.147.244
2o,15
37
LABA SEBELUM TAKSIRAN
MANFAAT (BEBAN) PAJAK
GROSS PROFIT
(7.796.250 )
(571.852.075 )
7.476.851.814
Selling expenses
General and administrative expenses
Interest expense and financial
charges - net
Gain (loss) on foreign exchange - net
Gain (loss) on sales/disposal of
fixed asset
Others - net
(66.185.993.073 )
56.789.824.795
INCOME BEFORE PROVISION
FOR TAX BENEFIT (EXPENSES)
(18.547.776.843 )
(2.895.222.266 )
-
(8.445.465.313 )
(443.763.636 )
190.305.803
PROVISION FOR TAX BENEFIT
(EXPENSES)
Final
Current
Deferred
Jumlah taksiran beban
pajak - bersih
(21.442.999.109 )
(8.698.923.146 )
Total provision for tax
expenses - net
LABA TAHUN BERJALAN
(87.628.992.182 )
48.090.901.649
TAKSIRAN MANFAAT (BEBAN) PAJAK
Final
Tahun berjalan
Tangguhan
2t,24c,24e
INCOME CURRENT YEAR
PENDAPATAN KOMPREHENSIF LAIN
Selisih kurs karena penjabaran laporan
keuangan
Rugi yang belum terealisasi atas investasi
efek yang tersedia untuk dijual
(15.078.568.876 )
(23.587.114.658 )
OTHER COMPREHENSIVE INCOME
Exchange differences due to
financial statements translation
Unrealized loss on investment
under available-for-sale
Jumlah pendapatan komprehensif lain
tahun berjalan setelah pajak
(14.079.125.181 )
(28.562.325.436 )
Total other comprehensive income
current year after provision tax
(101.708.117.363 )
19.528.576.213
TOTAL COMPREHENSIVE INCOME
CURRENT YEAR
(49.870.165.072 )
(37.758.827.110 )
15.319.164.848
32.771.736.801
TOTAL INCOME
ATTRIBUTABLE TO:
Owners of the parent entity
Non-controlling interest
(87.628.992.182 )
48.090.901.649
999.443.695
JUMLAH LABA KOMPREHENSIF
TAHUN BERJALAN
JUMLAH LABA YANG DAPAT
DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan non-pengendali
JUMLAH LABA (RUGI) KOMPREHENSIF
YANG DAPAT DIATRIBUSIKAN KEPADA:
Pemilik entitas induk
Kepentingan non-pengendali
LABA (RUGI) PER SAHAM DASAR YANG
DAPAT DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
LABA (RUGI) PER SAHAM DILUSIAN YANG
DAPAT DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
2b,44b
(4.975.210.778 )
(63.941.433.253 )
(37.766.684.110 )
(13.243.160.588 )
32.771.736.801
(101.708.117.363 )
19.528.576.213
2c,44b
2bb,47
(1,19 )
2bb,47
(1,19 )
INCOME (LOSS) ATRIBUTABLE
TO:
Owners of the parent entity
Non-controlling interest
2,07
BASIC EARNINGS PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
0,38
DILUTIVE EARNINGS PER SHARE
ATTRIBUTABLE TO OWNERS
OF THE PARENT ENTITY
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
3
The original consolidated financial statements included herein are in the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Periode Yang Berakhir Pada Tanggal 31 Maret 2012 dan 31 Desember 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
The Period Ended March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable To Owners Of The Parent Entity
Saldo awal, 1 Januari 2011
Penghentian pengakuan
goodwill negatif sesuai
dengan ketentuan transisi
PSAK No.22 (Revisi 2009)
(lihat Catatan 2c dan 16)
Modal Saham
Ditempatkan
dan Disetor
Penuh/
Capital Stock
Issued and
Fully Paid
Tambahan
Modal DisetorBersih/
Additional Paid-In
Capital-Net
4.551.977.139.000
2.692.134.649.679
Selisih
Nilai Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
In Value
of Restructuring
Transaction
of Entities Under
Common Control
Rugi yang belum
Terealisasi atas
Investasi Efek
yang Tersedia
Untuk Dijual/
Unrealized Loss
on Investment
Under
Available
-for-sale
Saham yang
Diperoleh
Kembali/
Treasury
Stock
(27.835.501.000)
(103.776.667.843)
Selisih
Transaksi
Perubahan
Ekuitas
Perusahaan
Assosiasi/
Difference
In The Equity
Transaction of
Associate
Company
54.732.012.959
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Exchange
Difference
Due to Financial
Statement
Translation
(14.882.633.354)
-
-
-
Saldo awal, 1 Januari 2011 setelah
dampak Penerapan PSAK
No. 22 (Revisi 2009)
4.551.977.139.000
2.692.134.649.679
(27.835.501.000)
(103.776.667.843)
54.732.012.959
-
-
-
(60.484.527.864)
-
-
87.500
56.875
-
-
-
-
-
-
-
-
-
4.551.977.226.500
2.692.134.706.554
(27.835.501.000)
Laba (rugi) komprehensif tahun
Berjalan
Pelaksanaan waran (Catatan 30)
Penambahan investasi pada
entitas Anak oleh kepentingan
nonpengendali
Saldo akhir, 31 Desember 2011
-
(164.261.195.707)
-
54.732.012.959
(984.331.528)
266.297.834.038
Belum Ditentukan
Penggunaanya/
Unappropriated
40.435.548.418
563.631.180.053
Jumlah/
Total
Kepentingan
Nonpengendali/
Non-controlling
interest
Jumlah Ekuitas/
Total Equity
8.021.729.230.422
2.459.739.114.639
10.481.468.345.061
Balance, January 1, 2011
-
-
404.407.833.016
404.407.833.016
-
404.407.833.016
266.297.834.038
40.435.548.418
968.039.013.069
8.426.137.063.438
2.459.739.114.639
10.885.876.178.077
Balance January 1, 2011
effect of first time adoption of
PSAK No. 22 (Revised 2009)
369.947.955
-
-
93.905.646.355
14.635.323.779
Comprehensive income (loss)
for the year
-
-
-
-
144.375
-
144.375
Exercise warran (Note 30)
-
-
-
-
-
1.559.792.083
1.559.792.083
Addition investment in
Subsidiaries by Non-controlling
Shareholders
(614.383.573)
266.297.834.038
40.435.548.418
948.883.270.402
8.346.866.885.237
2.555.204.553.077
10.902.071.438.314
Balance December 31, 2011
-
(984.331.528)
-
(14.882.633.354)
Ditentukan
Penggunaannya/
Appropriated
Derecognition of negative goodwill
in accordance with transition
provision of PSAK No. 22
(Revised 2009)
(see Notes 2c and 16)
-
(14.882.633.354)
Saldo Laba/
Retained Earnings
Surplus
Revaluasi Aset
Tetap/
Revaluation
Surplus of
Fixed Assets
(19.155.742.667)
(79.270.322.576)
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
4
The original consolidated financial statements included herein are in the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK
PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN (lanjutan)
Periode Yang Berakhir Pada Tanggal 31 Maret 2012 dan 31 Desember 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (continued)
The Period Ended March 31, 2012 and December 31, 2011
(Expressed in Rupiah, unless otherwise stated)
Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/Equity Attributable To Owners Of The Parent Entity
Saldo awal, 1 Januari 2012
Laba (rugi) komprehensif tahun
Berjalan
Pelaksanaan waran (Catatan 30)
Penambahan investasi pada
entitas Anak oleh kepentingan
nonpengendali
Saldo akhir, 31 Maret 2012
Modal Saham
Ditempatkan
dan Disetor
Penuh/
Capital Stock
Issued and
Fully Paid
Tambahan
Modal DisetorBersih/
Additional Paid-In
Capital-Net
4.551.977.226.500
2.692.134.706.554
Selisih
Nilai Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
In Value
of Restructuring
Transaction
of Entities Under
Common Control
Rugi yang belum
Terealisasi atas
Investasi Efek
yang Tersedia
Untuk Dijual/
Unrealized Loss
on Investment
Under
Available
-for-sale
Saham yang
Diperoleh
Kembali/
Treasury
Stock
(27.835.501.000)
(164.261.195.707)
Selisih
Transaksi
Perubahan
Ekuitas
Perusahaan
Assosiasi/
Difference
In The Equity
Transaction of
Associate
Company
54.732.012.959
Selisih Kurs
Karena
Penjabaran
Laporan
Keuangan/
Exchange
Difference
Due to Financial
Statement
Translation
(14.882.633.354)
Saldo Laba/
Retained Earnings
Surplus
Revaluasi Aset
Tetap/
Revaluation
Surplus of
Fixed Assets
(614.383.573)
Ditentukan
Penggunaannya/
Appropriated
266.297.834.038
Belum Ditentukan
Penggunaanya/
Unappropriated
40.435.548.418
948.883.270.402
Jumlah/
Total
Kepentingan
Nonpengendali/
Non-controlling
interest
Jumlah Ekuitas/
Total Equity
8.346.866.885.237
2.555.204.553.077
10.902.071.438.314
-
-
-
-
-
999.443.695
-
-
(63.949.290.253)
-
(63.949.290.253)
360.214.075.400
234.139.149.010
-
-
-
-
-
-
-
-
594.353.224.410
-
594.353.224.410
-
-
-
-
-
-
-
-
-
-
4.912.191.301.900
2.926.273.855.564
(27.835.501.000)
385.060.122
266.297.834.038
40.435.548.418
899.013.105.330
8.877.270.819.394
(15.078.568.876)
(179.339.764.583)
54.732.012.959
-
(14.882.633.354)
(49.870.165.072)
(706.688.034.914)
1.848.516.518.163
(706.688.034.914)
10.725.787.337.557
Balance, January 1, 2012
Comprehensive income (loss)
for the year
Exercise warran (Note 30)
Addition investment in
Subsidiaries by Non-controlling
Shareholders
Balance March 31, 2012
The accompanying notes form an integral part of these
consolidated financial statements.
Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.
5
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF
CASH FLOWS
The Period Ended March 31, 2012 and 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
LAPORAN ARUS KAS KONSOLIDASIAN
Periode Yang Berakhir
Pada Tanggal 31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
31 Maret 2012/
March 31, 2012
31 Maret 2011/
March 31, 2011
ARUS KAS DARI AKTIVITAS OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
Pembayaran kas kepada karyawan
Pembayaran kas untuk beban usaha
Pembelian dan pematangan tanah
539.144.623.287
(459.723.599.499 )
(70.722.609.566 )
(136.687.331.943 )
(565.352.245.776 )
232.141.942.342
(31.860.451.417 )
(45.156.500.093 )
(65.310.780.798 )
(118.438.016.248 )
CASH FLOWS FROM OPERATING
Cash received from customers
Cash paid to suppliers
Cash paid to employees
Cash paid for operating expenses
Acquisition of land & land clearing
Kas yang digunakan untuk operasi
Penerimaan bunga
Pembayaran beban bunga dan keuangan
Pembayaran pajak
(693.341.163.497 )
1.201.641.217
(24.410.446.545 )
(52.733.808.226 )
(28.623.806.214 )
10.152.695.183
(60.421.821.247 )
(70.295.856.139 )
Cash used in operations
Interest received
Interest and financial expenses payment
Tax payment
Kas Bersih Yang Digunakan Untuk
Aktivitas Operasi
(769.283.777.051 )
(149.188.788.417 )
Net Cash Used For Operating Activities
ARUS KAS DARI AKTIVITAS
INVESTASI
Pembelian aset tetap
Penurunan penyertaan saham
dan uang muka pembelian saham
Pembayaran utang
Peningkatan properti investasi
Penurunan investasi jangka
pendek
Penurunan dana dalam pembatasan
Penerimaan penjualan aset tetap
Kas Bersih Yang Diperoleh Dari
(Digunakan Untuk) Aktivitas Investasi
ARUS KAS DARI AKTIVITAS
PENDANAAN
Peningkatan pinjaman jangka panjang
Peningkatan tambahan modal disetor
- Realisasi waran
Pembayaran obligasi
Peningkatan (penurunan) pinjaman
bank jangka pendek
Peningkatan (penurunan) utang
pihak berelasi
Peningkatan modal disetor
- Realisasi waran
Penurunan utang sewa pembiayaan
Peningkatan piutang pihak berelasi
Penurunan utang usaha jangka panjang
(10.561.861.255 )
(39.145.996.612 )
40.409.115.006
(306.723.561.865 )
-
(18.821.282.147 )
CASH FLOWS FROM INVESTING
ACTIVITIES
Acquisition of fixed assets
Decrease in investment in shares
of stock and advance for share purchase
Payables payment
Increase in investment properties
484.317.712
10.409.782.163
6.000.000
186.871.452.209
44.921.410.672
-
Decrease in short-term investments
Decrease in restricted funds
Proceeds from sale of fixed assets
(265.976.208.239 )
173.825.584.122
Net Cash Received From
(Used For) Investing Activities
CASH FLOWS FROM FINANCING
ACTIVITIES
Increase in long-term debt
Increased in additional paid-in capital
Exercise warrant Bond payment
Increase (decrease) in short-term
bank loans
86.989.724.225
84.596.979.857
234.139.149.014
-
(220.000.000.000 )
43.338.784.456
(16.321.066.156 )
9.669.037.761
(5.091.847.079 )
360.214.075.400
(3.616.570.554 )
(8.464.697.587 )
(2.079.973.922 )
(1.382.985.607 )
(9.151.834.663 )
(2.552.180.295 )
Increase (decrease) due to related parties
Increase in issued and fully paid capital stock
Exercise warrant Decrease in obligation under capital lease
Increase in due from related parties
Decrease in long-term trade payables
720.189.528.793
(169.902.933.943 )
Net Cash Received From
(Used For) Financing Activities
PENURUNAN BERSIH
KAS DAN SETARA KAS
(315.070.456.497 )
(145.266.138.238 )
NET DECREASED IN
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS
AWAL TAHUN
597.128.042.339
860.557.957.179
CASH AND CASH EQUIVALENTS
AT BEGINNING OF THE YEAR
Kas Bersih Yang Diperoleh Dari
(Digunakan Untuk) Aktivitas Pendanaan
DAMPAK BERSIH PERUBAHAN
NILAI TUKAR ATAS KAS DAN
SETARA KAS
KAS DAN SETARA KAS
AKHIR TAHUN
108.871.360
(619.173.096 )
282.166.457.202
714.672.645.845
6
NET EFFECTS OF CHANGES IN
EXCHANGE RATE ON CASH AND
CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS
AT END OF THE YEAR
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM
1.
a. Pendirian Perusahaan dan informasi umum
GENERAL
a. Establishment and general information
PT Bakrieland Development Tbk. (“Entitas Induk”)
didirikan pada tanggal 12 Juni 1990 dengan Akta
Notaris John Leonard Waworuntu, S.H., No. 209.
Akta pendirian Entitas Induk disahkan oleh Menteri
Kehakiman Republik Indonesia dalam Surat
Keputusan No. C2-1978.HT.01.01.TH.91 tanggal
31 Mei 1991 dan diumumkan dalam Berita
Negara Republik
Indonesia
No. 93
tanggal
19 November 1991. Anggaran dasar Entitas Induk
telah mengalami beberapa kali perubahan, antara
lain, mengenai perubahan nama dari PT Elang
Realty
Tbk.
menjadi
PT
Bakrieland
Development Tbk. yang diaktakan dengan Akta
Notaris Harun Kamil, S.H., No. 29 tanggal
3 April 1997, yang telah disetujui oleh Menteri
Kehakiman Republik Indonesia dalam Surat
Keputusan No. C2-3097.HT.01.04.Th.97 tanggal
25 April 1997, dan perubahan Anggaran Dasar
selanjutnya termuat pada Akta Notaris Sutjipto, S.H.,
M.Kn., No. 216 tanggal 23 Juni 2008 mengenai
penyesuaian Anggaran Dasar Entitas Induk untuk
disesuaikan dengan Undang-Undang No. 40 Tahun
2007 tentang Perseroan Terbatas. Perubahan ini
telah mendapat persetujuan dari Menteri Hukum dan
Hak Asasi Manusia dalam Surat Keputusan No.
AHU-58505-AH.01.02.
Tahun
2008
tanggal
3 September 2008 dan telah diumumkan dalam
Berita Negara Republik Indonesia No. 96 tanggal
28 November
2008 Tambahan No. 25686.
Perubahan Anggaran Dasar terakhir termuat dalam
Akta Pernyataan Keputusan Rapat Perubahan
Anggaran Dasar No. 43 tanggal 9 Juni 2011 yang
dibuat di hadapan Notaris Aulia Taufani, S.H., selaku
Notaris pengganti dari Sutjipto, S.H., notaris di
Jakarta. Perubahan tersebut telah mendapat
persetujuan dari Menteri Hukum dan Hak Asasi
Manusia dalam Surat Keputusan No. AHU45502.AH.01.02. Tahun 2011 tanggal 19 September
2011.
PT Bakrieland Development Tbk. (“The Company”)
was established with Notarial Deed No. 209 of
John
Leonard
Waworuntu,
S.H.,
dated
June 12, 1990. The Company’s articles of
incorporation was approved by the Minister of
Justice of the Republic of Indonesia in its Decision
Letter
No.
C2-1978.HT.01.01.TH.91
dated
May 31, 1991 and was published in the State
Gazette No. 93 dated November 19, 1991. The
Company’s articles of
association have been
amended several times, among others,
the
changes of the Company’s name from PT Elang
Realty Tbk. to PT Bakrieland Development Tbk.
which have been notarized by Notarial Deed
No. 29 of Harun Kamil, S.H., dated April 3, 1997.
The change was approved by the Minister of
Justice of the Republic of Indonesia, in its Decision
Letter
No. C2-3097.HT.01.04.Th.97
dated
April 25, 1997 and the last Article of Association
were amended by Notarial Deed No. 216 of
Sutjipto, S.H., M.Kn., dated June 23, 2008 in order
to conform with Corporate Law No. 40 Year 2007.
This amendment was approved by the Ministry of
Justice and Human Rights in its Decision Letter
No. AHU-58505-AH.01.02
Year
2008
dated
September 3, 2008
and was
published
in
Supplement No. 25686 of State Gazette No. 96
dated November 28, 2008. The last amended
Company’s articles of association stated in Deed
of Statement of Meeting of the Company’s
Amendment Article of Association No.43 of Aulia
Taufani, S.H., dated June 9, 2011, as the
replacement of Sutjipto, S.H., notary in Jakarta.
This amendment was approved by the Minister of
Justice of the Republic of Indonesia, in its Decision
Letter No. AHU-45502.AH.01.02 Year 2011 dated
September 19, 2011.
Sesuai dengan pasal 3 Anggaran Dasarnya, Entitas
Induk bergerak dalam bidang pembangunan,
perdagangan dan jasa, termasuk usaha jasa
manajemen dan penyertaan pada Entitas yang
berhubungan dengan usaha real estat dan properti,
serta dalam bidang infrastruktur.
According to Article 3 of the Article of Association,
the scope of the Company’s activities comprises of
development, trading and services, including
management service and investment in real estate
and property, and infrastructure.
Entitas Induk berdomisili di Jakarta, kantor pusat
Entitas Induk berlokasi di Gedung Wisma Bakrie 1
Lantai 6 dan 7, Jalan H.R. Rasuna Said Kav. B1,
Jakarta Selatan. Saat ini Grup memiliki properti yang
terletak di Jakarta, Bogor, Malang, Sukabumi,
Bekasi, Lampung, Batam, Balikpapan, Tangerang
dan Bali.
The Company is domiciled in Jakarta and its head
office is located at Wisma Bakrie 1, 6th and 7th
Floor, Jalan H.R. Rasuna Said Kav. B1, South
Jakarta. Group have property at Jakarta, Bogor,
Malang, Sukabumi, Bekasi, Lampung, Batam,
Balikpapan, Tangerang and Bali.
Entitas Induk mulai beroperasi secara komersial
pada tahun 1990.
The Company started its commercial operations
in 1990.
7
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
b. Penawaran Umum Efek dan Obligasi Entitas
Induk
GENERAL (continued)
b. Public Offering of Shares and Bonds of The
Company
Pada tanggal 13 Oktober 1995, Entitas Induk telah
memperoleh pernyataan efektif dari Ketua Badan
Pengawas
Pasar
Modal
(BAPEPAM)
No. S-1304/PM/1995 untuk melakukan Penawaran
Umum Perdana kepada masyarakat atas 110 juta
saham dengan nilai nominal Rp 500 per saham
melalui Bursa Efek Jakarta dengan harga
penawaran Rp 625 per saham. Entitas Induk telah
mencatatkan seluruh sahamnya di Bursa Efek
Jakarta pada tanggal 30 Oktober 1995.
On October 13, 1995, the Company has obtained
an effective statement letter from the Chairman of
the
Capital
Market
Supervisory
Agency
(BAPEPAM) No. S-1304/PM/1995 to undertake an
Intial Public Offering of its 110 million shares with
par value of Rp 500 per share through Jakarta
Stock Exchange at the offering price of Rp 625 per
share. The Company has listed all its shares
issued and fully paid in the Jakarta Stock
Exchange on October 30, 1995.
Pada tanggal 15 September 1997, Entitas Induk
melakukan Penawaran Umum Terbatas I dengan
Hak Memesan Efek Terlebih Dahulu (HMETD) atas
1.050 juta saham dengan nilai nominal dan harga
penawaran Rp 500 per saham. Seluruh saham telah
dicatatkan di Bursa Efek Jakarta pada tanggal
6 Oktober 1997.
On September 15, 1997, the Company conducted
a Limited Public Offering I through pre-emptive
rights to issue 1,050 million shares with par value
and offering price of Rp 500 per share. The whole
shares have been listed in the Jakarta Stock
Exchange on October 6, 1997.
Pada tanggal 22 November 2005, Entitas Induk
melakukan Penawaran Umum Terbatas II dengan
HMETD atas 4,2 miliar saham biasa seri B dengan
nilai nominal Rp 100 per saham dan harga
penawaran Rp 150 per saham yang seluruh saham
yang ditempatkan dan disetor penuh telah dicatatkan
di
Bursa
Efek
Jakarta
pada
tanggal
12 Desember 2005.
On November 22, 2005, the Company conducted a
Limited Public Offering II through pre-emptive
rights to issue 4.2 billion B series shares with par
value of Rp 100 per share and offering price of
Rp 150 per share, which all of its shares issued
and fully paid have been listed in the Jakarta Stock
Exchange on December 12, 2005.
Pada tanggal 16 April 2007 Entitas Induk
memperoleh Surat Pemberitahuan Efektif atas
Pernyataan Pendaftaran Emisi Saham dari ketua
Bapepam-LK untuk melakukan Penawaran Umum
Terbatas III dengan HMETD atas 14 miliar saham
biasa seri B dengan nominal Rp 100 per saham dan
harga penawaran Rp 200 per saham, yang seluruh
saham ditempatkan dan disetor penuh telah
dicatatkan di Bursa Efek Jakarta pada tanggal
1 Mei 2007. Dengan diterbitkannya saham tersebut,
maka jumlah saham Entitas Induk yang telah
dicatatkan
di
bursa
menjadi
sebanyak
19.600.000.000 saham.
On April 16, 2007, the Company received Effective
Letter for share issuance from Bapepam-LK to
conduct a Limited Public Offering III through preemptive rights to issue 14 billion B series shares
with par value Rp 100 per share and offering price
of Rp 200 per share, which all of its shares issued
and fully paid have been listed in the Jakarta Stock
Exchange on May 1, 2007. Therefore the total of
the Company’s shares listed on Stock Exchange is
19,600,000,000 shares.
Berkenaan dengan Penawaran Umum Terbatas III,
Entitas Induk juga menerbitkan waran, dimana untuk
setiap 50 saham baru hasil pelaksanaan HMETD
tersebut melekat 7 Waran Seri I yang diberikan
cuma-cuma sebagai insentif bagi pemegang saham
Entitas Induk dan/atau pemegang HMETD yang
melaksanakan haknya (lihat Catatan 30).
In regards to Limited Public Offering III, the
Company also issued Warrant Seri I in which for
each 50 new shares from pre-emptive rights
includes 7 warrants issued as incentive for the
Company shareholders and/or pre-emptive rights
holders that exercise their right (see Note 30).
Pada tanggal 30 November 2007, Bursa Efek
Jakarta dan Bursa Efek Surabaya telah bergabung
menjadi Bursa Efek Indonesia.
On November 30, 2007, Jakarta Stock Exchange
and Surabaya Stock Exchange have merged to
become Indonesia Stock Exchange.
Pada tanggal 28 Februari 2008, Entitas Induk telah
mendapatkan pemberitahuan efektif pernyataan
pendaftaran dalam rangka Penawaran Umum
Obligasi I Bakrieland Development Tahun 2008
dengan Tingkat Bunga Tetap dari Badan Pengawas
Pasar Modal dan Lembaga Keuangan berdasarkan
Surat No. S-1220/BL/2008.
On February 28, 2008, the Company received
effective confirmation statement in regards with
Public Offering of Fixed Rate Bonds I Bakrieland
Development Year 2008 from Capital Market and
Financial Institution Supervisory Agency’s based
on its Letter No. S-1220/BL/2008.
8
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
b. Penawaran Umum Efek dan Obligasi Entitas
Induk (lanjutan)
GENERAL (continued)
b. Public Offering of Shares and Bonds of The
Company (continued)
Pada tanggal 11 Maret 2008, Entitas Induk
menerbitkan Obligasi I Bakrieland Development
Tahun 2008 dengan Tingkat Bunga Tetap, dengan
PT Bank Permata Tbk. sebagai wali amanat. Nilai
nominal obligasi keseluruhan adalah Rp 500 miliar
(lihat Catatan 27 butir b).
On March 11, 2008, the Company issued its
Bakrieland Development Bonds I Year 2008 with
Fixed Rates, with PT Bank Permata Tbk. as the
trustee. The bonds have a total face value of
Rp 500 billion (see Note 27 point b).
Pada tanggal 29 Juni 2009, Entitas Induk telah
mendapatkan pemberitahuan efektif pernyataan
pendaftaran dalam rangka Penawaran Umum Sukuk
Ijarah I Bakrieland Development Tahun 2009 dengan
cicilan imbalan ijarah sebesar Rp 314,8 juta dari
Badan Pengawas Pasar Modal dan Lembaga
Keuangan berdasarkan Surat No. S-5660/BL/2009.
On June 29, 2009, the Company received effective
confirmation statement in regards with Public
Offering of Sukuk Ijarah I Bakrieland Development
Year 2009 with annual fixed Ijarah return (“Cicilan
Imbalan Ijarah”) totalling of Rp 314.8 million from
Capital Market and Financial Institution Supervisory
Agency’s based on its Letter No. S-5660/BL/2009.
Pada tanggal 7 Juli 2009, Entitas Induk menerbitkan
Sukuk Ijarah I Bakrieland Development Tahun 2009,
dengan PT Bank Mega Tbk. sebagai wali amanat.
Nilai nominal Sukuk Ijarah keseluruhan sebesar
Rp 150 miliar (lihat Catatan 27 butir c).
On July 7, 2009, the Company issued its Sukuk
Ijarah I Bakrieland Development Year 2009, with
PT Bank Mega Tbk. as the trustee. The bonds have
a total face value of Rp 150 billion (see Note 27
point c).
Pada tanggal 25 Juni 2010 Entitas Induk
memperoleh Surat Pemberitahuan Efektif atas
Pernyataan Pendaftaran Emisi Saham dari ketua
Bapepam-LK untuk melakukan Penawaran Umum
Terbatas IV dengan HMETD atas 19,96 miliar saham
biasa seri B dengan nominal Rp 100 per saham dan
harga penawaran Rp 160 per saham. Dengan
diterbitkannya saham tersebut, maka jumlah saham
Entitas Induk yang telah dicatatkan di bursa menjadi
sebanyak 39,92 miliar saham.
On June 25, 2010, the Company received Effective
Letter for share issuance from Bapepam-LK to
conduct a Limited Public Offering IV through preemptive rights to issue 19.96 billion series shares
with par value of Rp 100 per share and offering
price of Rp 160 per share. Therefore the total of
shares listed on Stock Exchange is 39.92 billion
shares.
Berkenaan dengan Penawaran Umum Terbatas IV
tersebut, Entitas Induk juga menerbitkan waran,
dimana untuk setiap 20 saham baru hasil
pelaksanaan HMETD tersebut melekat 7 Waran Seri
II yang diberikan cuma-cuma sebagai insentif bagi
pemegang saham Entitas Induk dan/atau pemegang
HMETD
yang
melaksanakan
haknya (lihat
Catatan 30).
In regards to the Limited Public Offering IV, the
Company also issued Warrant Series II in which for
each 20 new shares from pre-emptive rights
includes 7 warrants series II issued as incentive for
the Company shareholders and/or pre-emptive
rights holders that exercise their right (see
Note 30).
c. Struktur Entitas Anak
c. The Structure of Subsidiaries
As of March 31, 2012 and December 31, 2011, the
Company has Subsidiaries as follows:
Pada tanggal 31 Maret 2012 dan 31 Desember
2011, Entitas Induk memiliki Entitas Anak sebagai
berikut:
31 Maret 2012/March 31, 2012
Entitas Anak /
Subsidiaries
Lokasi Proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Tahun Pendirian /
Establishment
99,99
1988
Rp
10.319.777.461
99,99
1990
Rp
253.181.583.233
90,00
1994
Rp
169.770.595.871
99,78
69,62
1988
1982
Rp
Rp
7.948.971.749.049
3.000.095.684.113
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Citrasaudara Abadi (“CSA”)
PT Villa Del Sol (“VDS”)
a)
PT Krakatau Lampung Tourism
Development (“KLTD”)
PT Graha Andrasentra
Propertindo (“GAP”)
PT Bakrie Swasakti Utama (“BSU”)
Tangerang,
Banten
Cipanas,
Jawa Barat
Lampung
Bogor,
Jawa Barat
Jakarta
9
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Maret 2012/March 31, 2012
Entitas Anak /
Subsidiaries
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
69,99
99,99
69,99
69,99
99,99
99,96
99,98
100,00
2006
2007
2006
2007
2008
2009
2009
2010
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
669.186.356.839
1.419.324.356.266
551.482.518.580
3.522.656.927.536
107.421.307.363
14.141.687.680
28.635.416.759
1.073.358.822.191
100,00
2008
Rp
773.520.713.518
Bekasi,
Sukabumi,
Jawa Barat
Bali
99,30
98,78
1995
1997
Rp
Rp
16.667.387.661
147.581.908.330
Lokasi Proyek /
Domicile
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Superwish Perkasa (“SP”) a)
PT Bakrie Nirwana Semesta (“BNS”)
PT Bumi Daya Makmur (“BDM”)
PT Bakrie Infrastructure (“BI”)
PT Bakrie Pangripta Loka (“BPLK”)
PT Bakrie Graha Investama (“BGI”)
PT Bakrie Sentra Investama (“BSI”) a)
BLD Investment Pte. Ltd. (”BLDI”)
Limitless World International
Services – 6 Ltd. (“LW-6”)
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Singapura
Dubai,
United Arab Emirates
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Sanggraha Pelita Sentosa
(“SPS”)
PT Graha Intan Bali (“GIB”) b)
PT Samudra Asia Nasional
(“SAN”)
PT Dutaperkasa Unggullestari
(“DPUL”)
PT Mutiara Permata Biru (“MPB”)
PT Bahana Sukmasejahtera
(“BSS”) a)
PT Bukit Jonggol Asri (“BJA”)
Bali
99,78
2003
Rp
727.954.507.298
Malang, Jawa Timur
Batam
64,86
99,77
1992
1999
Rp
Rp
180.135.618.993
63.582.164.036
Bogor, Jawa Barat
Jonggol, Bogor
99,96
50,00
1996
1997
Rp
Rp
924.253.867.271
3.503.853.992.185
Jakarta
94,70
1996
Rp
27.618.693.242
Jakarta
94,70
2004
Rp
27.960.904.586
Balikpapan,
Kalimantan Timur
Ubud, Bali
Jakarta
Kuta, Bali
Tanah Lot, Bali
Jakarta
99,99
99,99
99,80
99,92
52,55
99,99
2006
1999
2008
2008
1992
2008
Rp
Rp
Rp
Rp
Rp
Rp
70.930.650.614
15.358.413.188
11.736.823.596
65.950.080.797
996.246.408.365
237.414.237.121
Melalui BI / Through BI:
PT Bakrie Toll Road (“BTR”)
PT Amerta Bumi Capital (“ABC”) a)
PT Alberta Utilities (AI) a)
Jakarta
Surabaya
Jakarta
65,55
51,00
75,03
2008
2009
2006
Rp
Rp
Rp
3.456.623.472.169
4.173.023.639
3.908.204.008
Melalui LW-6 / Through LW-6:
PT Bakrie Swasakti Utama (“BSU”)
PT Bumi Daya Makmur (“BDM”)
PT Superwish Perkasa (SP) a)
Jakarta
Jakarta
Jakarta
30,00
30,00
30,00
1982
2006
2006
Rp
Rp
Rp
3.000.095.684.113
551.482.518.580
669.186.356.839
Jakarta
99,99
2002
Rp
1.278.873.284.432
British Virgin Island
British Virgin Island
100,00
100,00
2001
1999
Rp
Rp
176.453.422.763
105.872.057.594
Jawa Barat
60,00
2005
Rp
3.029.273.910.644
Melalui BSU / Through BSU:
PT Bakrie Pesona Rasuna (“BPR”)
PT Rasuna Residence Development
(“RRD”)
Melalui BNS / Through BNS:
PT Libratindo Gemilang (“LG”) a)
a)
PT Berkah Puhu Lestari (“BPL”)
PT Bakrie Graha Nirwana (“BGN”) a)
PT Nirwana Legian Hotel (“NLH”)
PT Bali Nirwana Resort (“BNR”)
PT Bakrie Bangun Persada (“B2P”)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui BTR / Through BTR:
PT Satria Cita Perkasa (“SCP”)
Transglobal Finance Limited
(“TGF”) a)
Pan Galactic Invesment (“PGI”)
Melalui SCP / Through SCP:
PT Semesta Marga Raya (“SMR”)
10
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Maret 2012/March 31, 2012
Lokasi Proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
Melalui TGF / Through TGF:
PT Semesta Marga Raya (“SMR”)
Jawa Barat
25,00
2005
Rp
3.029.273.910.644
Melalui PGI / Through PGI:
PT Semesta Marga Raya (“SMR”)
Jawa Barat
15,00
2005
Rp
3.029.273.910.644
Jakarta
99,74
2008
Rp
42.301.143.481
Jakarta
99,59
1994
Rp
485.921.700
Singapura
100,00
2010
Rp
95.822.024
Balikpapan,
Kalimantan Timur
99,00
2008
Rp
8.598.624.661
Jonggol, Bogor
99,83
2011
Rp
299.309.613.971
Entitas Anak /
Subsidiaries
Jumlah Aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui BPLK / Through BPLK:
PT Provices Indonesia (“PVI”)
PT Rasuna Caturtama
Corpora (“RCC”) b)
Melalui BLDI / Through BLDI:
BLD Asia Pte. Ltd. (“BLDA”)
Melalui BGI / Through BGI:
PT Hotel Elty Tenggarong
(formerly PT Bakrie Armo
Nirwana) (“BAN”)
Melalui BJA / Through BJA:
PT Jungleland Asia
(formerly PT Garda Mulia
Persada) (“JLA”) a)
31 Desember 2011/December 31, 2011
Entitas Anak /
Subsidiaries
Kepemilikan saham secara
Langsung / Direct Ownership:
PT Citrasaudara Abadi (“CSA”) a)
PT Villa Del Sol (“VDS”)
a) b)
PT Krakatau Lampung Tourism
Development (“KLTD”) a)
PT Graha Andrasentra
Propertindo (“GAP”)
PT Bakrie Swasakti Utama (“BSU”)
PT Superwish Perkasa (“SP”) b)
PT Bakrie Nirwana Semesta (“BNS”)
PT Bumi Daya Makmur (“BDM”)
PT Bakrie Infrastructure (“BI”)
PT Bakrie Pangripta Loka (“BPLK”)
PT Bakrie Graha Investama (“BGI”) a)
PT Bakrie Sentra Investama (“BSI”) a) b)
BLD Investment Pte. Ltd. (”BLDI”) a)
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Sanggraha Pelita Sentosa
(“SPS”)
PT Graha Intan Bali (“GIB”) b)
PT Samudra Asia Nasional
(“SAN”)
Lokasi proyek /
Domicile
Persentase
Kepemilikan /
Percentage of
Ownership
Jumlah aset
(sebelum eliminasi) /
Total Assets
(before elimination)
Tangerang,
Banten
Cipanas,
Jawa Barat
99,99
1988
Rp
10.347.541.085
99,99
1990
Rp
253.155.483.233
Tahun Pendirian /
Establishment
Lampung
Bogor,
Jawa Barat
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Jakarta
Singapura
90,00
1994
Rp
170.083.088.198
99,78
69,62
69,99
99,99
69,99
69,99
99,99
99,96
99,98
100,00
1988
1982
2006
2007
2006
2007
2008
2009
2009
2010
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
7.153.081.533.958
3.325.281.752.454
669.719.332.407
1.220.664.321.293
555.295.721.193
3.496.522.085.855
93.733.010.542
14.652.514.146
28.669.296.771
1.053.140.435.888
Bekasi,
Sukabumi,
Jawa Barat
Bali
99,30
98,78
1995
1997
Rp
Rp
16.725.148.645
17.711.391.350
Bali
99,78
2003
Rp
596.652.417.801
11
The original consolidated financial statements included herein are in
the Indonesian language.
PT BAKRIELAND DEVELOPMENT Tbk.
AND SUBSIDIARIES
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
March 31, 2012 and December 31, 2011
And
The Period Ended
March 31, 2012 & 2011
(Expressed in Rupiah, unless otherwise stated)
PT BAKRIELAND DEVELOPMENT Tbk.
DAN ENTITAS ANAK
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
31 Maret 2012 dan 31 Desember 2011
Dan
Periode Yang Berakhir Pada Tanggal
31 Maret 2012 dan 2011
(Dinyatakan dalam Rupiah, kecuali dinyatakan lain)
1.
UMUM (lanjutan)
1.
c. Struktur Entitas Anak (lanjutan)
GENERAL (continued)
c. The Structure of Subsidiaries (continued)
31 Desember 2011/December 31, 2011
Entitas Anak /
Subsidiaries
Persentase
Kepemilikan /
Percentage of
Ownership
Tahun Pendirian /
Establishment
Malang, Jawa Timur
Batam
64,86
99,77
1992
1999
Rp
Rp
181.325.552.840
59.331.154.363
Bogor, Jawa Barat
Jonggol, Bogor
99,96
50,00
1996
1997
Rp
Rp
924.794.402.325
3.444.091.206.370
Jakarta
94,70
1996
Rp
19.336.844.105
Jakarta
94,70
2004
Rp
26.436.004.243
Balikpapan,
Kalimantan Timur
Ubud, Bali
Jakarta
Kuta, Bali
Tanah Lot, Bali
Jakarta
99,99
99,99
99,80
99,92
52,55
99,99
2006
1999
2008
2008
1992
2008
Rp
Rp
Rp
Rp
Rp
Rp
68.488.203.522
15.419.224.507
10.721.951.906
47.796.169.113
978.863.748.408
196.344.246.316
Jakarta
Surabaya
Jakarta
99,99
51,00
75,03
2008
2009
2006
Rp
Rp
Rp
3.430.739.273.359
3.852.900.733
3.891.099.499
Lokasi proyek /
Domicile
Kepemilikan saham secara tidak
Langsung / Indirect ownership:
Melalui GAP / Through GAP:
PT Dutaperkasa Unggullestari
(“DPUL”)
PT Mutiara Permata Biru (“MPB”)
PT Bahana Sukmasejahtera
(“BSS”) a)
PT Bukit Jonggol Asri (“BJA”)
Melalui BSU / Through BSU:
PT Bakrie Pesona Rasuna (“BPR”)
PT Rasuna Residence Development
(“RRD”)
Melalui BNS / Through BNS:
PT Libratindo Gemilang (“LG”) a)
a)
PT Berkah Puhu Lestari (“BPL”)
PT Bakrie Graha Nirwana (“BGN”) a)
PT Nirwana Legian Hotel (“NLH”)
PT Bali Nirwana Resort (“BNR”)
PT Bakrie Bangun Persada (“B2P”)
Melalui BI / Through BI:
PT Bakrie Toll Road (“BTR”)
PT Amerta Bumi Capital (“ABC”) a)
PT Alberta Utilities (AI) a)
Melalui BTR / Through BTR:
PT Satria Cita Perkasa (“SCP”)
Transglobal Finance Limited
(“TGF”) a)
Pan Galactic Invesment (“PGI”)
Jumlah aset
(sebelum eliminasi) /
To