LAPORAN KEUANGAN 31 DESEMBER 2016

PT Charoen Pokphand Indonesia Tbk
dan ent it as anaknya/ and it s subsidiaries
Laporan keuangan konsolidasian tanggal 31 Desember 2016
dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Consolidated financial statements as of December 31, 2016
and for the year then ended with independent auditors’ report

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN KEUANGAN KONSOLIDASIAN
TANGGAL 31 DESEMBER 2016 DAN
UNTUK TAHUN YANG BERAKHIR PADA
TANGGAL TERSEBUT
BESERTA LAPORAN AUDITOR INDEPENDEN

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS
AS OF DECEMBER 31, 2016 AND
FOR THE YEAR THEN ENDED
WITH INDEPENDENT AUDITORS’ REPORT

Daftar Isi/Table of Contents
Halaman/
Page
Laporan Auditor Independen

Independent Auditors’ Report

Laporan Posisi Keuangan Konsolidasian ......................

1-3

............... Consolidated Statement of Financial Position

Laporan Laba Rugi dan Penghasilan
Komprehensif Lain Konsolidasian ..........................


4-5

Consolidated Statement of Profit or Loss
......................... and Other Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian ..................

6

............. Consolidated Statement of Changes in Equity

Laporan Arus Kas Konsolidasian ...................................

7-8

......................... Consolidated Statement of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian ........... 9-137 ........... Notes to the Consolidated Financial Statements


***************************

The original consolidated financial statements included herein
are in the Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION
As of December 31, 2016
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

(Disajikan Kembali - Catatan 5/
As Restated - Note 5)

Catatan/
Notes

31 Desember 2016/ 31 Desember 2015/
December 31, 2016 December 31, 2015

31 Desember 2014/
December 31, 2014

Aset

Assets

Aset Lancar
Kas dan setara kas
2h,2i,2w,2aa,6
Investasi jangka pendek

7
Piutang
Usaha
8
Pihak ketiga - neto
2w,36d
Pihak berelasi
2i,35
Lain-lain
2d,2w
Persediaan - neto
2j,9
Ayam pembibit turunan - neto
2k,10
Hewan ternak dalam pertumbuhan
2l,11
Uang muka
Biaya dibayar di muka
2m,12
Pajak Pertambahan Nilai

dibayar di muka
2x,32
Bagian lancar sewa jangka panjang
dibayar di muka
2m,2r
Total Aset Lancar

Current Assets
2.504.434
20.870

1.679.273
-

884.831
-

2.187.133
128.882
521.381

5.109.719
1.227.729
83.533
143.677
57.296

2.709.134
289.173
341.542
5.483.906
1.188.549
53.913
186.803
45.476

3.021.952
137.334
362.923
4.334.349
1.107.121

12.222
126.709
38.977

4.178

34.278

2.687

70.601

46.826

23.366

Prepaid Value Added Taxes
Current portion of long-term
prepaid rents


12.059.433

12.058.873

10.052.471

Total Current Assets

Aset Tidak Lancar
Uang muka pembelian
aset tetap
Piutang pihak berelasi non-usaha
2i,35
Aset pajak tangguhan
2x,32
Aset keuangan tidak lancar
2d,2p,13
Aset tetap - neto
2o,2q,14
Tagihan pajak penghasilan

2x,32
Sewa jangka panjang dibayar di muka
setelah dikurangi bagian lancar
2m,2r
Goodwill
2c,2e,4
Aset takberwujud - neto
2f,2s,2v,4
Aset tidak lancar lainnya

Cash and cash equivalents
Short-term investments
Accounts receivable
Trade
Third parties - net
Related parties
Other
Inventories - net
Breeding flocks - net
Growing flocks

Advances
Prepaid expenses

Non-current Assets
33.388
11.770
70.927
21.000
11.233.847
52.065

41.021
6.589
466.629
17.500
11.309.628
577.171

780.780
14.947
354.417
219
9.256.710
492.509

68.260
444.803
101.418
108.083

62.621
209.370
83.289
83.965

52.655
78.296

Advances for purchase of
fixed asset
Due from related parties
Deferred tax assets
Non-current financial assets
Fixed assets - net
Claims for tax refund
Long-term prepaid rents - net of
current portion
Goodwill
Intangible assets - net
Other non-current assets

Total Aset Tidak Lancar

12.145.561

12.857.783

11.030.533

Total Non-current Assets

Total Aset

24.204.994

24.916.656

21.083.004

Total Assets

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

The accompanying notes to the consolidated financial
statements form an integral part of these
consolidated financial statements taken as a whole.

1

The original consolidated financial statements included herein
are in the Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (lanjutan)
Tanggal 31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
As of December 31, 2016
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

(Disajikan Kembali - Catatan 5/
As Restated - Note 5)
Catatan/
Notes

31 Desember 2016/ 31 Desember 2015/
December 31, 2016 December 31, 2015

31 Desember 2014/
December 31, 2014

Liabilitas dan Ekuitas

Liabilities and Equity

Liabilitas

Liabilities

Liabilitas Jangka Pendek
Utang bank jangka pendek
Utang
Usaha
Pihak ketiga
Pihak berelasi
Lain-lain
Beban akrual
Liabilitas imbalan kerja
jangka pendek
Utang pajak
Uang muka pelanggan
Bagian lancar utang bank
jangka panjang

Current Liabilities
2w,15

1.400.000

1.710.000

1.487.338

16
2w
2i,35
17
2w,18

1.114.310
152.636
460.274
157.713

2.357.885
105.883
444.260
123.236

1.491.270
99.836
498.970
115.936

5.558
676.825
19.122

2.573
260.521
26.043

2.035
365.426
19.678

1.563.819

673.440

386.752

Short-term bank loans
Accounts payable
Trade
Third parties
Related parties
Other
Accrued expenses
Short-term employee
benefit liabilities
Taxes payable
Advances from customers
Current portion of long-term
bank loans

5.550.257

5.703.841

4.467.241

Total Current Liabilities

2u
2x,32
2o,2w,19

Total Liabilitas Jangka Pendek
Liabilitas Jangka Panjang
Utang pihak berelasi non-usaha
Liabilitas pajak tangguhan
Liabilitas imbalan kerja
jangka panjang
Utang bank jangka panjang
setelah dikurangi bagian lancar

Non-current Liabilities
2i,35
2x,32

244.714
90.938

97.248
31.785

268.858
2.862

2u,33

515.760

416.597

380.891

3.646.082

5.880.522

4.722.759

Due to related parties
Deferred tax liabilities
Long-term employee
benefit liabilities
Long-term bank loans - net of
current portion

4.497.494

6.426.152

5.375.370

Total Non-current Liabilities

10.047.751

12.129.993

9.842.611

Total Liabilities

Total Liabilitas Jangka Panjang
Total Liabilitas

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

The accompanying notes to the consolidated financial
statements form an integral part of these
consolidated financial statements taken as a whole.

2

The original consolidated financial statements included herein
are in the Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN POSISI KEUANGAN
KONSOLIDASIAN (lanjutan)
Tanggal 31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF
FINANCIAL POSITION (continued)
As of December 31, 2016
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

(Disajikan Kembali - Catatan 5/
As Restated - Note 5)
Catatan/
Notes

31 Desember 2016/ 31 Desember 2015/
December 31, 2016 December 31, 2015

31 Desember 2014/
December 31, 2014

Ekuitas

Equity

Ekuitas yang Dapat
Diatribusikan kepada
Pemilik Entitas Induk
Modal saham - nilai nominal
Rp10 per saham (Rupiah penuh)
Modal dasar 40.000.000.000 saham
Modal ditempatkan
dan disetor penuh 16.398.000.000 saham
Tambahan modal disetor
Komponen lainnya dari ekuitas
Ekuitas merging bisnis
Saldo laba
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya

Equity Attributable
to the Owners of the
Parent
Share capital - Rp10 par value
per share (full rupiah)
Authorized 40,000,000,000 shares
163.980
121.175
225.235

163.980
121.175
235.175

33.000
13.966.362

33.000
12.228.973

33.000
10.669.152

Issued and fully paid 16,398,000,000 shares
Additional paid-in capital
Other component equity
Equity on merging business
Retained earnings
Appropriated
Unappropriated

14.137.991

12.772.363

11.222.482

Equity Attributable
to Owners of the Parent

19.252

14.300

17.911

Non-controlling Interest

Total Ekuitas

14.157.243

12.786.663

11.240.393

Total Equity

Total Liabilitas dan Ekuitas

24.204.994

24.916.656

21.083.004

Total Liabilities and Equity

21
2e,2i,22
32
23

Ekuitas yang Dapat Diatribusikan
kepada Pemilik Entitas Induk
Kepentingan Nonpengendali

163.980
(43.385)
18.034
-

2e,20

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

The accompanying notes to the consolidated financial
statements form an integral part of these
consolidated financial statements taken as a whole.

3

The original consolidated financial statements included herein
are in the Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
Untuk Tahun yang Berakhir pada Tanggal
31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Laba per Saham Dasar)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
For the Year ended December 31, 2016
(Expressed in Millions of Rupiah,
Except Basic Earnings per Share)

Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,

Catatan/
Notes

2016

(Disajikan Kembali Catatan 5/
As Restated Note 5)
2015

Penjualan - neto

38.256.857

2i,2t,24,37

29.920.628

Beban pokok penjualan

(31.743.222)

2i,2t,25

(24.817.185)

Laba bruto

6.513.635

Beban penjualan
Beban umum dan administrasi
Penghasilan operasi lain
Beban operasi lain
Laba usaha

(821.978 )
(1.232.950)
227.349
(268.940)

168.820
44.911
(647.186)

Laba sebelum pajak penghasilan

3.983.661

Beban pajak penghasilan - neto

(1.731.848)

Laba tahun berjalan
setelah penyesuaian laba
merging bisnis
Efek penyesuaian rugi (laba)
dari merging bisnis

2t,2u,26
2i,2t,2u,27
2i,2t,28
2i,2t,2u,29

Laba tahun berjalan

Total penghasilan komprehensif
tahun berjalan

2w
2t,30
2t,31

(1.128.795)
157.170
(111.759)

(586.777 )
22.559
(642.227)
2.185.208

2x,32

2e

2.225.402

Penghasilan komprehensif lain
Pos yang tidak akan
direklasifikasi ke laba rugi:
Pengukuran kembali atas
liabilitas imbalan kerja - neto pajak

(628.406)

3.391.653

2.251.813
(26.411 )

Cost of goods sold

5.103.443

4.417.116

Laba (rugi) selisih kurs
Penghasilan keuangan
Beban keuangan

Sales - net

(7.546 )
2.217.856

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

(449.030)

Gross profit
Selling expenses
General and administrative
expenses
Other operating income
Other operating expenses
Operating profit
Gain (loss) on foreign exchange
Finance income
Finance costs
Profit before income tax
Income tax expense - net

1.736.178

Profit for the year after
merging business’ income
adjustment

96.420

Effect of adjustment of
loss (profit) from merging business

1.832.598

Profit for the year

17.794

Other comprehensive income
Item that will not be reclassified
to profit or loss:
Re-measurement of employee
benefits liabilities - net of tax

1.850.392

Total comprehensive
income for the year

The accompanying notes to the consolidated financial
statements form an integral part of these
consolidated financial statements taken as a whole.

4

The original consolidated financial statements included herein
are in the Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
Untuk Tahun yang Berakhir pada Tanggal
31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Laba per Saham Dasar)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
For the Year ended December 31, 2016
(Expressed in Millions of Rupiah,
Except Basic Earnings per Share)

Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,

Catatan/
Notes

2016

(Disajikan Kembali Catatan 5/
As Restated Note 5)
2015

Laba tahun berjalan yang
dapat diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali

2.220.561
4.841

1.836.978
(4.380)

Total

2.225.402

1.832.598

Total penghasilan komprehensif
tahun berjalan yang dapat
diatribusikan kepada:
Pemilik entitas induk
Kepentingan nonpengendali

2.212.931
4.925

Total

2.217.856

Laba per saham
dasar yang dapat diatribusikan
kepada pemilik entitas
induk (Rupiah penuh)

135

20

2y,34

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

1.854.985
(4.593)

Profit for the year attributable to:
Owners of the parent
Non-controlling interest
Total

Total comprehensive income for
the year attributable to:
Owners of the parent
Non-controlling interest

1.850.392

Total

112

Basic earnings per share
attributable to owners
of the parent (full Rupiah)

The accompanying notes to the consolidated financial
statements form an integral part of these
consolidated financial statements taken as a whole.

5

The original consolidated financial statements included herein are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK DAN ENTITAS ANAKNYA
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2016
(Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the Year Ended December 31, 2016
(Expressed in Millions of Rupiah, Unless Otherwise Stated)

Ekuitas yang dapat Diatribusikan kepada Pemilik Entitas Induk/Equity Attributable to Owner’s of the Parent

Catatan/
Notes
Saldo 1 Januari 2015 (Sebelum
Disajikan Kembali - Catatan 5)

Modal Saham
Ditempatkan dan
Disetor Penuh/
Issued and
Fully Paid
Capital

Komponen
Lainnya dari
Ekuitas/
Other
Components of
Equity

Tambahan
Modal
Disetor/
Additional
Paid-in Capital

Ekuitas
merging
bisnis/
Equity
on merging
business

Saldo Laba/Retained Earnings
Telah Ditentukan Belum Ditentukan
Penggunaannya/ Penggunaannya/
Appropriated
Unappropriated

Kepentingan
Nonpengendali/
Non-controlling
Interest

Subtotal/
Subtotal

Total/
Total

163.980

121.175

-

-

33.000

10.669.152

10.987.307

17.911

11.005.218

Balance as of January 1, 2015
(Before Restated - Note 5)

-

-

-

235.175

-

-

235.175

-

235.175

Merging business’ equity PT Central Agromina

163.980

121.175

-

235.175

33.000

10.669.152

11.222.482

17.911

11.240.393

Balance as of January 1, 2015
(After Restated - Note 5)

Laba tahun berjalan
Penghasilan komprehensif lain

-

-

-

-

-

1.836.978
18.007

1.836.978
18.007

(4.380)
(213)

1.832.598
17.794

Profit for the year
Other comprehensive income

Penghasilan komprehensif tahun berjalan

-

-

-

-

-

1.854.985

1.854.985

(4.593)

1.850.392

Comprehensive income for the year

-

-

-

-

-

Ekuitas merging bisnis PT Central Agromina
Saldo 1 Januari 2015 (Setelah
Disajikan Kembali - Catatan 5)

Efek penyesuaian rugi merging bisnis

5

(96.420)

(96.420)

-

(96.420)

Effect of adjustment of
profit from merging business

Proforma modal yang timbul
dari transaksi restrukturisasi
entitas sepengendali

5

-

-

-

86.480

-

-

86.480

-

86.480

Proforma capital arising from
restructuring transactions of
entities under common control

Kombinasi bisnis

4

-

-

-

-

-

-

-

1.007

1.007

Business combination

Dividen tunai

-

-

-

-

-

Pembagian dividen
tunai kepada kepentingan
nonpengendali entitas anak

-

-

-

-

-

-

-

163.980

121.175

-

225.235

33.000

12.228.973

12.772.363

Laba tahun berjalan
Penghasilan komprehensif lain

-

-

-

-

-

2.220.561
(7.630)

2.220.561
(7.630)

4.841
84

2.225.402
(7.546)

Penghasilan komprehensif tahun berjalan

-

-

-

-

-

2.212.931

2.212.931

4.925

2.217.856

Comprehensive income for the year

-

-

-

26.411

-

-

26.411

-

26.411

Effect of adjustment of
profit from merging business

Saldo 31 Desember 2015

Efek penyesuaian laba merging bisnis

5

Pembalikan atas proforma
modal yang timbul dari kombinasi
bisnis entitas sepengendali

5

-

Selisih nilai transaksi kombinasi
bisnis entitas sepengendali

5

-

Dividen tunai
Pengampunan pajak
Saldo 31 Desember 2016

2x,32

(169.560)

-

(251.646)

(295.164)

(295.164)

-

(25)
14.300

(295.164)

Cash dividend

(25)

Declaration of cash dividend
of non-controlling interest

12.786.663

Balance as of December 31, 2015

Profit for the year
Other Comprehensive Income

-

-

(251.646)

-

(251.646)

-

(169.560)

-

(169.560)

Reversal of proforma capital arising
from business combination of
entities under common control
Value difference of business
transactions of entities
under common control

(475.542)

-

(475.542)

Cash dividend

-

-

-

-

-

-

-

-

-

5.000

18.034

-

-

-

23.034

27

23.061

Tax Amnesty

(43.385)

18.034

-

33.000

13.966.362

14.137.991

19.252

14.157.243

Balance as of December 31, 2016

163.980

Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.

(475.542)

The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial
statements taken as a whole.

6

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN ARUS KAS KONSOLIDASIAN
Untuk Tahun yang Berakhir pada Tanggal
31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF CASH FLOWS
For the Year Ended December 31, 2016
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,

Catatan/
Notes

2016

ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan tunai dari pelanggan
Pembayaran tunai kepada pemasok
Pembayaran kepada karyawan
Pembayaran untuk beban usaha
Kas yang diperoleh dari aktivitas
operasi
Penerimaan dari (pembayaran untuk):
Penghasilan keuangan
Pajak penghasilan
Tagihan pajak penghasilan
Beban keuangan
Kegiatan operasional lain
Kas Neto yang Diperoleh dari
Aktivitas Operasi

39.566.065
(31.996.569)
(765.745)
(1.748.925)

29.864.154
(24.935.249)
(656.473)
(1.240.177)

5.054.826

3.032.255

44.906
(564.587)
139.015
(664.705)
147.682

(481.254)

Penambahan piutang peternak - neto

(178.028)

Perolehan aset keuangan tidak lancar
Uang muka pembelian
aset tetap
Akuisisi entitas anak, setelah
dikurangi kas yang diperoleh
Penerimaan dari hasil penjualan
aset tetap

(3.500)

Perolehan aset tetap takberwujud

ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan dari:
Utang bank jangka pendek
Utang bank jangka panjang
Pembayaran untuk:
Utang bank jangka pendek
Utang bank jangka panjang
Dividen tunai
Dividen tunai kepada
pemegang saham
non-pengendali entitas anak
Kas Neto yang Diperoleh
dari (Digunakan untuk)
Aktivitas Pendanaan

30
32

4.157.137

ARUS KAS DARI AKTIVITAS
INVESTASI
Perolehan aset tetap
Kombinasi bisnis
entitas sepengendali

Kas Neto yang Digunakan untuk
Aktivitas Investasi

(Disajikan Kembali Catatan 5/
As Restated Note 5)
2015

22.553
(628.226)
(640.941)
(3.241)
1.782.400

CASH FLOW FROM OPERATING
ACTIVITIES
Cash received from customers
Cash paid to suppliers
Payments to employees
Payments for operating expenses
Cash provided by operating activities
Receipts from (payments for):
Finance income
Income taxes
Claim for tax refund
Finance costs
Other operating activities
Net Cash Provided by Operating
Activities

91.608

4

83.745

25.507

14

101.630

4

(16.000)

CASH FLOW FROM INVESTING
ACTIVITIES
Acquisitions of fixed asset
Business combination of an
entity under common control
Additions to
farmers’ receivables - net
Acquisition of non-current
financial assets
Advances for purchase of
fixed asset
Acquisition of subsidiaries,
net of cash acquired
Proceeds from sale of
fixed asset
Acquisitions of intangible
assets

(1.944.339)

Net Cash Used in Investing
Activities

(629.037)

(1.991.652)
5

(63.760)
13

(2.033)

-

(17.281)
(41.021)

(1.176.737)

4.237.980
1.200.000
(4.550.260)
(2.557.647)
(475.542)

-

2.302.670
3.566.543

23

(20)

(1.963.670)
(2.501.383)
(295.164)
(26)

(2.145.489)

1.108.970

CASH FLOW FROM FINANCING
ACTIVITIES
Proceeds from:
Short-term bank loans
Long-term bank loans
Payments of:
Short-term bank loans
Long-term bank loans
Cash dividends
Cash dividends
to non-controlling
shareholder of subsidiaries
Net Cash Provided by
(Used in) Financing Activities

The accompanying notes to the consolidated financial
statements form an integral part of these consolidated financial
statements taken as a whole.

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

7

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan)
Untuk Tahun yang Berakhir pada Tanggal
31 Desember 2016
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF
CASH FLOWS (continued)
For the Year Ended December 31, 2016
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,

Catatan/
Notes

2016

KENAIKAN NETO
KAS DAN SETARA KAS
DAMPAK NETO PERUBAHAN
NILAI TUKAR ATAS KAS DAN
SETARA KAS

834.911

(Disajikan Kembali Catatan 5/
As Restated Note 5)
2015

947.031

(9.750)

(36.251)

NET INCREASE IN
CASH AND CASH EQUIVALENTS
NET EFFECT OF CHANGES IN
EXCHANGE RATES ON CASH
AND CASH EQUIVALENTS

KAS DAN SETARA KAS
AWAL TAHUN

1.679.273

6

768.493

CASH AND CASH EQUIVALENTS
AT BEGINNING OF YEAR

KAS DAN SETARA KAS
AKHIR TAHUN

2.504.434

6

1.679.273

CASH AND CASH EQUIVALENTS
AT END OF YEAR

The accompanying notes to the consolidated financial
statements form an integral part of these consolidated financial
statements taken as a whole.

Catatan atas laporan keuangan konsolidasian terlampir
merupakan bagian yang tidak terpisahkan dari laporan
keuangan konsolidasian secara keseluruhan.

8

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)
1.

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

UMUM
a.

1.

Pendirian Perusahaan dan Informasi Umum

GENERAL
a.

Establishment of the Company and General
Information

PT Charoen
Pokphand
Indonesia
Tbk
(“Perusahaan”)
didirikan
di
Indonesia
berdasarkan Undang-undang Penanaman
Modal Asing No. 1 tahun 1967 berdasarkan
Akta Notaris Drs. Gde Ngurah Rai, S.H., No. 6
tanggal
7 Januari 1972.
Akta
pendirian
tersebut telah disahkan oleh Menteri
Kehakiman Republik Indonesia dalam Surat
Keputusan
No. YA-5/197/21
tanggal
8 Juni 1973 dan telah diumumkan dalam
Berita Negara No. 65, Tambahan No. 573
tanggal 14 Agustus 1973. Anggaran Dasar
Perusahaan telah mengalami beberapa kali
perubahan, perubahan terakhir sehubungan
dengan persetujuan pemegang saham atas
perubahan
seluruh
Anggaran
Dasar
Perusahaan untuk disesuaikan dengan
Peraturan Otoritas Jasa Keuangan (“OJK”)
sebagaimana disebutkan dalam Akta Notaris
Fathiah
Helmi, S.H.,
No. 94
tanggal
19 Juni 2015 sehubungan dengan perubahan
anggaran dasar. Perubahan Anggaran Dasar
terakhir ini telah diterima dan dicatat oleh
Menteri Hukum dan Hak Asasi Manusia
Republik
Indonesia
berdasarkan
Surat
Keputusan
No.
AHU-AH.01.03-0949604
tanggal 8 Juli 2015.

PT Charoen Pokphand Indonesia Tbk
(the “Company”) was established in Indonesia
within the framework of Foreign Investment
Law No. 1 year 1967 based on Notarial Deed
No. 6 dated January 7, 1972 of Drs. Gde
Ngurah Rai, S.H., The Deed of Establishment
was approved by the Ministry of Justice of the
Republic Indonesia in its Decision Letter
No. YA-5/197/21 dated June 8, 1973 and was
published in Supplement No. 573 of State
Gazette No. 65 dated August 14, 1973. The
Company’s Articles of Association has been
amended
several
times,
the
latest
amendments of which were in connection with
the shareholders’ approval of the amendments
of the Company’s Articles of Association to
comply with the Regulation of Financial
Services Authority (“Otoritas Jasa Keuangan”
or “OJK”) as stated in Notarial Deed No. 94
dated June 19, 2015 of Fathiah Helmi, S.H., in
relation to the changes of articles of
association. The latest amendments to the
Articles of Association were accepted by the
Ministry of Justice and Human Rights of
Republic of Indonesia in its Decision Letter No.
AHU-AH.01.03-0949604 dated July 8, 2015.

Kegiatan usaha Perusahaan sesuai dengan
Anggaran Dasar, meliputi industri makanan
ternak, pembibitan dan budidaya ayam ras
serta pengolahannya, industri pengolahan
makanan, pengawetan daging ayam dan sapi
termasuk unit-unit cold storage, menjual
makanan ternak, daging ayam dan sapi,
bahan-bahan asal hewan di wilayah Republik
Indonesia, maupun ke luar negeri dengan
sejauh diizinkan berdasarkan peraturan
perundang-undangan yang berlaku.

The Company's business, according to the
Articles of Association, includes poultry feed,
breeding and cultivation of broiler together with
its processing, processed food, preservation of
chicken and beef including cold storage units,
selling poultry feed, chicken and beef, and
materials from animal sources within the
territory of Republic of Indonesia as well as
abroad to the extent that it is permitted under
the legislations that have been enacted.

Kantor pusat Perusahaan terletak di Jalan
Ancol VIII No. 1, Jakarta dengan cabangcabangnya di Sidoarjo, Medan, Tangerang,
Cirebon,
Balaraja,
Serang,
Lampung,
Denpasar, Surabaya, Semarang, Makassar
dan Salatiga. Perusahaan mulai beroperasi
secara komersial sejak tahun 1972.

The Company’s head office is located at
Jalan Ancol VIII No. 1, Jakarta and its
branches in Sidoarjo, Medan, Tangerang,
Cirebon,
Balaraja,
Serang,
Lampung,
Denpasar, Surabaya, Semarang, Makassar
and Salatiga. The Company started its
commercial operations in 1972.

Grand Tribute Corporation merupakan entitas
induk terakhir Kelompok Usaha.

Grand Tribute Corporation is the ultimate
parent of the Group.

9

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)
1.

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

UMUM (lanjutan)
b.

1.

Penawaran Umum dan Aksi Korporasi yang
Mempengaruhi
Modal
Saham
yang
Ditempatkan dan Disetor Penuh

b.

1991

1994

1995
1997

1997

2000

2007
2007

2010

2010

Public Offering and Corporate Actions
Affecting Issued and Fully Paid Share
Capital
Since the Company’s initial public offering, the
Company has entered into several share
capital transactions as summarized below:

Sejak
penawaran
saham
perdana,
Perusahaan telah melakukan beberapa
transaksi permodalan dengan rincian sebagai
berikut:

Tahun/
Year

GENERAL (continued)

Keterangan/
Description
Penawaran umum perdana sebanyak 2.500.000
saham dengan nilai nominal sebesar Rp1.000
(Rupiah penuh) per saham dengan harga penawaran
Rp5.100/
Initial public offering of its 2,500,000 shares with par
value of Rp1,000 (full Rupiah) per share with the offering
price of Rp5,100
Konversi obligasi konversi Perusahaan sebesar
Rp25.000 menjadi 3.806.767 saham/
Conversion of the Company’s convertible bond of
Rp25,000 to 3,806,767 shares
Penawaran Umum Terbatas II dengan
Hak Memesan Efek Terlebih Dahulu/
Limited public offering II with Pre-emptive Rights
Pemecahan nilai nominal saham dari Rp1.000
(Rupiah penuh) menjadi Rp500 (Rupiah penuh)/
Par value split of the Company’s share from Rp1,000
(full Rupiah) to Rp500 (full Rupiah)
Penerbitan saham bonus, setiap pemegang 4 saham
lama berhak untuk memperoleh 1 saham baru/
Issuance of bonus shares, whereby each
shareholder holding 4 old shares was entitled to
receive 1 new share
Pemecahan nilai nominal saham dari Rp500
(Rupiah penuh) menjadi Rp100 (Rupiah penuh)/
Par value split of the Company’s share from Rp500
(full Rupiah) to Rp100 (full Rupiah)
Penawaran Umum Terbatas III dengan
Hak Memesan Efek Terlebih Dahulu/
Limited public offering III with Pre-emptive Rights
Pemecahan nilai nominal saham dari Rp100
(Rupiah penuh) menjadi Rp50 (Rupiah penuh)/
Par value split of the Company’s share from Rp100
(full Rupiah) to Rp50 (full Rupiah)
Pemecahan nilai nominal saham dari Rp50
(Rupiah penuh) menjadi Rp10 (Rupiah penuh)/
Par value split of the Company’s share from Rp50
(full Rupiah) to Rp10 (full Rupiah)
Penarikan kembali saham ditempatkan dan disetor
penuh sebanyak 24.807.040 saham/
Redemption of 24,807,040 issued and fully paid
shares

10

Total Saham
yang Beredar
Setelah Transaksi/
Outstanding
Shares After the
Transaction

52.500.000

56.306.767

112.613.534
225.227.068

281.533.835

1.407.669.175

1.642.280.704
3.284.561.408

16.422.807.040

16.398.000.000

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

1. UMUM (lanjutan)
b.

1.

Penawaran Umum dan Aksi Korporasi yang
Mempengaruhi
Modal
Saham
yang
Ditempatkan dan Disetor Penuh (lanjutan)

GENERAL (continued)
b.

All the Company’s issued and fully paid shares
are listed on the Indonesia Stock Exchange.

Seluruh saham Perusahaan yang ditempatkan
dan disetor penuh telah tercatat di Bursa Efek
Indonesia.
c.

Public Offering and Corporate Actions
Affecting Issued and Fully Paid Share
Capital (continued)

Karyawan, Direksi, Komisaris dan Komite
Audit

c.

Employees, Directors, Commissioners and
Audit Committee

Pada tanggal 31 Desember 2016 dan 2015,
susunan Dewan Komisaris dan Direksi
Perusahaan ditetapkan berdasarkan hasil
Rapat Umum Pemegang Saham Tahunan
Perusahaan yang diaktakan oleh Fathiah
Helmi, S.H., No. 47 tanggal 15 Juni 2016.

As of December 31, 2016 and 2015, the
members of the Company’s Boards of
Commissioners and Directors as appointed at
the Annual Shareholders’ General Meeting,
the minutes of which were notarized under
Deed No. 47 dated June 15, 2016 of Fathiah
Helmi, S.H.

Adapun susunan Dewan Komisaris dan Direksi
Perusahaan pada tanggal 31 Desember 2016
dan 2015 adalah sebagai berikut:

The Company’s Boards of Commissioners and
Directors as of December 31, 2016 and 2015
are as follows:

31 Desember 2016/
December 31, 2016

Dewan Komisaris
Presiden Komisaris:
Wakil Presiden Komisaris:

Komisaris Independen:
Dewan Direksi
Presiden Direktur:
Wakil Presiden Direktur/
Direktur Independen:
Wakil Presiden Direktur:
Direktur:

Hadi Gunawan Tjoe
Rusmin Ryadi

Herman Sugianto
Suparman Sastrodimedjo
Tjiu Thomas Effendy
Peraphon Prayooravong
Vinai Rakphongphairoj
Ong Mei Sian
Jemmy
Eddy Dharmawan Mansjoer
Ferdiansyah Gunawan Tjoe

Hadi Gunawan Tjoe
Jiacipto Jiaravanon
Jialipto Jiaravanon
Tjiu Thomas Effendy
Herman Sugianto
Suparman Sastrodimedjo
Rusmin Ryadi
Peraphon Prayooravong
Vinai Rakphongphairoj
Ong Mei Sian
Jemmy
Eddy Dharmawan Mansjoer
Ferdiansyah Gunawan Tjoe

Board of Commissioners
President Commissioner:
Vice President Commissioner:

Independent Commissioner:
Board of Directors
President Director:
Vice President Director/
Independent Director:
Vice President Directors:
Directors:

As of December 31, 2016 and 2015, the
members of the Company’s audit committee
are as follows:

Pada tanggal 31 Desember 2016 dan 2015,
susunan komite audit Perusahaan adalah
sebagai berikut:
31 Desember 2016/
December 31, 2016

Ketua
Anggota
Anggota
Anggota
Anggota

31 Desember 2015/
December 31, 2015

Herman Sugianto
Suparman Sastrodimedjo
Harlan Budiono
Yustinus Eddy Tiono
Kong Djung Hin

11

31 Desember 2015/
December 31, 2015

Herman Sugianto
Suparman Sastrodimedjo
Petrus Julius
Yustinus Eddy Tiono
Kong Djung Hin

Chairman
Member
Member
Member
Member

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)
1.

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

UMUM (lanjutan)
c.

d.

1.

GENERAL (continued)

Karyawan, Direksi, Komisaris dan Komite
Audit (lanjutan)

c.

Employees, Directors, Commissioners and
Audit Committee (continued)

Pembentukan komite audit Perusahaan telah
sesuai dengan peraturan BAPEPAM-LK
No. IX.1.5.

The establishment of the Company’s audit
committee is in compliance with BAPEPAM-LK
Rule No. IX.1.5.

Perusahaan dan entitas anak mempunyai
5.543 dan 4.858 orang karyawan tetap (tidak
diaudit) masing-masing pada tanggal 31
Desember 2016 dan 2015.

The Company and subsidiaries had 5,543 and
4,858 permanent employees (unaudited) as of
December 31, 2016 and 2015, respectively.

Manajemen Perusahaan bertanggung jawab
atas penyusunan dan penyajian laporan
keuangan
konsolidasian,
yang
telah
diselesaikan dan diotorisasi untuk terbit oleh
Direksi
Perusahaan
pada
tanggal
29 Maret 2017.

The management of the Company is
responsible
for
the
preparation
and
presentation of the consolidated financial
statements, which were completed and
authorized for issue by the Company’s
Directors dated on March 29, 2017.

Struktur Kelompok Usaha

d.

Group Structure
The consolidated financial statements include
the accounts of the Company and subsidiaries
(collectively hereinafter referred to as “the
Group”), with share ownership of more than
50%, directly and indirectly, are as follows:

Laporan keuangan konsolidasian mencakup
akun-akun Perusahaan dan entitas anak
(selanjutnya secara kolektif disebut sebagai
“Kelompok Usaha”) dengan pemilikan saham
lebih dari 50% secara langsung dan tidak
langsung, sebagai berikut:

Persentase
Pemilikan/
Percentage
of Ownership

Entitas Anak/
Subsidiaries
Pemilikan langsung/
Direct ownership
PT Charoen Pokphand
Jaya Farm (“CPJF”)
PT Primafood International
(“PFI”)
PT Vista Grain (“VG”)

PT Poly Packaging
Industry (“PPI”)
PT Feprotama Pertiwi
(“FP”)
PT Agrico International
(“AI”)
PT Sarana Farmindo
Utama (“SFU”)
PT Singa Mas
Internasional
(“SMInt”)
PT Prima Ritel
Internasional
(“PRI”)
PT Prima Persada
Propertindo
(“PPP”)

Kegiatan Pokok/
Principal Activity

Peternakan unggas/
Poultry farming
Perdagangan produk
makanan olahan/
Trading of processed
food
Produksi dan distribusi
makanan ternak/
Production and distribution
of poultry feed
Produksi kemasan plastik/
Production of plastic packaging
Produksi dan distribusi
bahan baku pakan/
Production and distribution
of chicken feather meal
Perdagangan bahan baku/
Raw material trading
Induk Perusahaan/
Holding company
Industri air minum
dalam kemasan/
Beverage
Perdagangan produk
makanan olahan/
Trading of processed
food
Properti/
Property

Tempat
Kedudukan/
Domicile

Mulai
Beroperasi/
Start of
Commercial
Operations

Tahun
Pendirian/
Year of
Incorporation

31 Des 31 Des
2016/
2015/
Dec 31, Dec 31,
2016
2015

Total Aset/
Total Assets

31 Des
2016/
Dec 31,
2016

31 Des
2015/
Dec 31,
2015

Jakarta

1972

1972

99,99

99,99

8.024.221

8.233.379

Jakarta

2000

2000

99,96

99,96

420.006

416.665

Lampung

a)

1980

99,92

99,92

10.546

13.502

Tangerang

2003

2003

99,98

99,98

92.500

122.886

Tangerang

1994

1992

99,32

99,32

38.631

36.376

Tangerang

2009

2008

99,99

99,99

295.006

288.977

Jakarta

2013

2013

99,99

99,99

3.528.570

2.225.977

Jakarta

2014

2012

99,47

99,47

486.139

465.258

Jakarta

-

2014

98,33

98,33

14

566

Jakarta

-

2014

99,67

99,67

20

2.947

12

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)
1.

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

UMUM (lanjutan)
d.

1.

GENERAL (continued)

Struktur Kelompok Usaha (lanjutan)

d.

Group Structure (continued)
Persentase
Pemilikan/
Percentage
of Ownership

Entitas Anak/
Subsidiaries
Pemilikan tidak langsung
melalui CPJF/
Indirect ownership
through CPJF
PT Centralavian Pertiwi
(“CAP”)

Kegiatan Pokok/
Principal Activity

PT Satwa Utama Raya
(“SUR”)
PT Vista Agung Kencana
(“VAK”)
PT Istana Satwa Borneo
(“ISB”)
PT Cipta Khatulistiwa
Mandiri (“CKM”)
PT Cipendawa Agriindustri
(“CAI”)
PT Satwa Primaindo
(“SPI”)

Peternakan unggas dan
Perdagangan/ Poultry
Farming and trading
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Pemilikan tidak langsung
melalui SMInt/
Indirect ownership
through SMInt
PT Singa Mas
Indonesia
(“SMInd”)

Industri air minum
dalam kemasan/
Beverage

Pemilikan tidak langsung
melalui SFU/
Indirect ownership
through SFU
PT Gizindo Sejahtera Jaya
(“GSJ”)
PT Sarana Proteindo
Utama (“SPU”)
PT Sarana Mitratama
Sejati (“SMS”)
PT Prospek Karyatama
(“PKT”)
PT Multi Sarana Pakanindo
(“MSP”)

Tempat
Kedudukan/
Domicile

Mulai
Beroperasi/
Start of
Commercial
Operations

Tahun
Pendirian/
Year of
Incorporation

31 Des 31 Des
2016/
2015/
Dec 31, Dec 31,
2016
2015

Jakarta

1991

1991

99,99

99,99

Surabaya

1987

1980

99,99

99,99

Palembang

1986

1980

99,99

99,99

Balikpapan

1989

1983

99,96

Pontianak

1989

1983

50,00

Total Aset/
Total Assets

31 Des
2016/
Dec 31,
2016

539.094
412.697

31 Des
2015/
Dec 31,
2015

524.915
459.163

292.722

256.645

99,96

41.251

53.974

50,00

44.921

31.639

Jakarta

2010

2009

99,98

99,98

78.731

78.938

Jakarta

2014

2013

99,99

99,99

89.952

59.784

Jakarta

2014

2014

99,47

99,47

460.865

438.379

Peternakan unggas - petelur/
Poultry farming - layer
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas - petelur/
Poultry farming - layer
Peternakan unggas/
Poultry farming

Jakarta

2014

2012

99,99

99,97

378.183

385.178
939.733

Pemilikan tidak langsung
melalui SPU/
Indirect ownership
through SPU
PT Proteindo Primajaya
(“PPJ”)
PT Proteindo Sumber
Sejahtera (“PSbS”)
PT Proteindo Sinar
Sejahtera (“PSS”)
PT Proteindo Sarana
Utama (“PSU”)
PT Hamparan Proteindo
Utama (“HPU”)
PT Kharisma Proteindo
Utama (“KPU”)
PT Sumber Proteindo
Sejahtera (“SPS”)
PT Prima Proteindo
Utama (“PPU”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas - petelur/
Poultry farming - layer
Peternakan unggas - petelur/
Poultry farming - layer
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Padang

-

2012

90,00

99,96

3.164

3.321

Jambi

-

2012

99,96

99,96

25.267

24.908

Pekanbaru

-

2012

90,00

99,96

12.012

2.550

Surabaya

-

2012

99,98

99,98

50.054

50.563

Pemilikan tidak langsung
melalui PKT/
Indirect ownership
through PKT
PT Surya Unggas Mandiri
(“SUM”)
PT Sinar Ternak Sejahtera
(“STS”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Jakarta

2012

2012

99,99

99,99

1.072.268

Jakarta

-

2014

99,98

99,97

482

Jakarta

1997

1992

99,99

99,99

780.065

613.062

Jakarta

2007

2001

99,89

99,89

736.600

671.670

483

Medan

2013

2012

99,98

99,96

64.826

44.332

Lampung

2013

2012

99,99

99,99

94.968

103.382

Banjarbaru

-

2013

98,00

99,97

226

229

Makassar

-

2014

98,00

99,97

582

632

Tangerang
Bandar Lampung

13

2006

2006

99,96

99,96

329.603

199.497

2007

2006

99,99

99,99

154.040

146.858

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

1. UMUM (lanjutan)
d.

1.

GENERAL (continued)

Struktur Kelompok Usaha (lanjutan)

d.

Group Structure (continued)
Persentase
Pemilikan/
Percentage
of Ownership

Entitas Anak/
Subsidiaries

Kegiatan Pokok/
Principal Activity

Tempat
Kedudukan/
Domicile

Mulai
Beroperasi/
Start of
Commercial
Operations

Tahun
Pendirian/
Year of
Incorporation

31 Des 31 Des
2016/
2015/
Dec 31, Dec 31,
2016
2015

Total Aset/
Total Assets

31 Des
2016/
Dec 31,
2016

31 Des
2015/
Dec 31,
2015

PT Semesta Mitra Sejahtera
(“SMS”)
PT Arbor Acres Indonesia
(“AAI”)

Peternakan unggas/
Poultry farming
Distribusi/
Distribution

Surabaya

2007

2007

99,97

99,94

190.188

182.430

Jakarta

b)

1999

50,00

50,00

4.015

3.897

Pemilikan tidak langsung
melalui SUM/
Indirect ownership
through SUM
PT Mentari Unggas Sejahtera
(“MUS”)
PT Tiara Ternak Mandiri
(“TTM”)
PT Sahabat Ternak Abadi
(“STA”)
PT Sahabat Ternak Sejahtera
(“STSJ”)
PT Sarana Ternak Utama
(“STU”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Serang

2010

2009

99,83

99,83

63.973

29.966

Pemilikan tidak langsung
melalui STS/
Indirect ownership
through STS
PT Mitra Ternak Sejahtera
(“MTS”)
PT Indah Ternak Mandiri
(“ITM”)
PT Sumber Unggas
Cemerlang (“SUC”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Pemilikan tidak langsung
melalui SMS/
Indirect ownership
through SMS
PT Prospek Mitra Lestari
(“PML”)
PT Cahaya Mitra Lestari
(“CML”)
PT Sinar Sarana Sentosa
(“SSS”)
PT Pesona Ternak Gemilang
(“PTG”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Pemilikan tidak langsung
melalui MSP/
Indirect ownership
through MSP
PT Karya Semangat Mandiri
Peternakan unggas/
(“KSM”)
Poultry farming
PT Cemerlang Unggas Lestari Peternakan unggas/
(“CUL”)
Poultry farming
PT Mitra Sinar Jaya
Peternakan unggas/
(“MSJ”)
Poultry farming
PT Bintang Sejahtera Bersama
Peternakan unggas/
(“BSB”)
Poultry farming
PT Citra Kalimantan Sejahtera
Peternakan unggas/
(“CKS”)
Poultry farming
Pemilikan tidak langsung
melalui KSM/
Indirect ownership
through KSM
PT Alam Terang Mandiri
(“ATM”)
PT Gemilang Unggas Prima
(“GUP”)
PT Minang Ternak Sejahtera
(“MTS”)
PT Aceh Unggas Mandiri
(“AUM”)

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Tasikmalaya

2010

2009

99,93

99,93

29.939

16.501

Karawang

2007

2007

99,83

99,83

85.606

46.856

Indramayu

2010

2009

99,75

99,75

47.038

30.161

Cirebon

2007

2006

99,80

99,80

55.849

32.785

Bengkulu

2008

2008

99,93

99,93

13.951

13.908

Jambi

2007

2007

99,97

99,97

44.754

40.629

Palembang

2007

2007

99,99

99,99

47.985

43.186

Jember

2010

2009

99,75

99,75

45.216

52.077

Madiun

2010

2009

99,75

99,75

26.339

29.655

Malang

2007

2007

99,90

99,80

31.803

26.804

Kediri

2010

2009

99,86

99,86

26.663

25.998

Medan

2007

2007

99,99

99,99

186.020

190.429

Semarang

2007

2007

99,99

99,99

156.045

127.572

Denpasar

2007

2007

99,94

99,94

214.625

110.155

Makassar

2007

2007

99,96

99,96

61.803

52.866

Balikpapan

2007

2007

99,95

99,95

60.709

77.380

Medan

2007

2007

99,90

99,90

26.316

22.598

Pekanbaru

2007

2007

99,96

99,96

59.876

69.075

Padang

2007

2007

99,96

99,96

53.636

56.487

Aceh

2011

2011

99,88

99,88

31.791

18.915

14

The original consolidated financial statements included herein
are in Indonesian language.

PT CHAROEN POKPHAND INDONESIA TBK
DAN ENTITAS ANAKNYA
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tanggal 31 Desember 2016 dan
Untuk Tahun yang Berakhir
pada Tanggal Tersebut
(Disajikan dalam Jutaan Rupiah,
Kecuali Dinyatakan Lain)
1.

PT CHAROEN POKPHAND INDONESIA TBK
AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
As of December 31, 2016 and
For the Year Then Ended
(Expressed in Millions of Rupiah,
Unless Otherwise Stated)

UMUM (lanjutan)
d.

1.

Struktur Kelompok Usaha (lanjutan)

GENERAL (continued)
d.

Group Structure (continued)
Persentase
Pemilikan/
Percentage
of Ownership

Entitas Anak/
Subsidiaries
Pemilikan tidak langsung
melalui CUL/
Indirect ownership
through CUL
PT Tiara Tunggal Mandiri
(“TTM”)
PT Sumber Ternak Pratama
(“STP”)
PT Cilacap Indah Abadi
(“CIA”)
Pemilikan tidak langsung
melalui MSJ/
Indirect ownership
through MSJ
PT Nusantara Inti Satwa
(“NIS”)
Pemilikan tidak langsung
melalui BSB/
Indirect ownership
through BSB
PT Mitra Abadi Satwa
(“MAS”)
PT Cipta Usaha Sejahtera
(“CUS”)
Pemilikan tidak langsung
melalui CKS/
Indirect ownership
through CKS
PT Sinar Inti Mustika
(“SIM”)

Kegiatan Pokok/
Principal Activity

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Tempat
Kedudukan/
Domicile

Mulai
Beroperasi/
Start of
Commercial
Operations

Tahun
Pendirian/
Year of
Incorporation

31 Des 31 Des
2016/
2015/
Dec 31, Dec 31,
2016
2015

Total Aset/
Total Assets
31 Des
2016/
Dec 31,
2016

31 Des
2015/
Dec 31,
2015

Sleman

2007

2007

99,96

99,96

24.368

26.323

Surakarta

2007

2007

99,94

99,94

28.152

37.574

Cilacap

2010

2009

99,80

99,80

33.304

25.525

Peternakan unggas/
Poultry farming

Mataram

2010

2009

99,80

99,80

115.471

60.205

Peternakan unggas/
Poultry farming
Peternakan unggas/
Poultry farming

Pare-pare

2010

2009

99,80

99,80

27.032

24.524

Manado

2007

2007

99,80

99,80

14.950

11.973

Peternakan unggas/
Poultry farming

Banjar Baru

2007

2007

99,90

99,90

46.347

51.933

Catatan:
a) Tidak aktif sejak 1 Mei 2012 / non-active since May 1, 2012
b) Tidak aktif sejak 31 Oktober 2002 / non-active since October 31, 2002

2.

IKHTISAR KEBIJAKAN
SIGNIFIKAN

AKUNTANSI

YANG

2.

SUMMARY
POLICIES

OF

SIGNIFICANT

ACCOUNTING

Kebijakan akuntansi dan pelaporan keuangan yang
diterapkan oleh Kelompok Usaha sesuai dengan
standar akuntasi keuangan di Indonesia, yaitu
Pernyataan
Standar
Akuntansi
Keuangan
(“PSAK”). Kebijakan akuntansi diterapkan secara
konsisten dalam penyusunan laporan keuangan
konsolidasian untuk tanggal 31 Desember 2016
dan 2015 oleh Kelompok Usaha.

The accounting and financial reporting policies
adopted by the Group is in compliance with to the
Indonesian financial accounting standards, which
are based on Indonesian Statements of Financial
Accounting Standards (“SFAS”). The accounting
policies were applied consistently in the
preparation
of
the
consolidated
financial
statements as of December 31, 2016 and 2015 by
the Group.

a.

a.

Dasar
Penyajian
Konsolidasian

Laporan

Keuangan

Basis of Presentation of Consolidated
Financial Statements
The consolidated financial statements have
been prepared on an accrual basis using the
historical cost concept of accounting, except
for the consolidated statements of cash flows
and certain accounts which are measured on
the basis as disclosed in the relevant notes
herein.

Laporan keuangan konsolidasian disusun
dengan dasar akrual menggunakan konsep
biaya historis, kecuali laporan arus kas
konsolidasian dan akun-akun tertentu seperti
ya